an am jubilee after experiencing while buckingham palace called discomforts. but other members of the royal family including prince harry and his wife megan, did attend the service of thanksgiving at saint paul's cathedral in london. prime minister boris johnson was also among the well wishers the platinum jubilee marks, the queen's 70 years on the throne. the queen will now enjoy events on tv at home at windsor castle. that's all for me. for now, christie blogs is up next with the business headlines. thanks much watching with people in trucks injured when trying to free the city center. more and more refugees are being turned away as the border families playing bomb attacks in syria . these credit owners will demonstrate people fleeing

extreme around $200.00 people around the world. more than 300000000 people are seeking us. why? because no one should have to flee. make up your own mind w. made for mines. ah ah. yvonne musk cuts his company's work force and freezes new hiring. the tesla boss says he has a super bad feeling about the economy, even as indicator showed strong employment growth. many strict rules remain in place for women in saudi arabia. the social reforms have led to more freedom on the

labor market like the kingdoms. first, women training to become car mechanics and roadblocks hinder europe's auto industry . surging energy costs, raw materials, double and price, and supplies. hard to come by, thanks to russia's war in ukraine. welcome to the w business. i'm christy plaid sent. tesla c o e law mosque is calling for a 10 percent reduction in staff at the electric car company. musk also called for a pause on all hiring world wide, saying he had a quote, super bad feeling about the economy. his comments come as president joe biden says, the u. s. labor market is strong touting higher than average a higher than expect a job growth in may. when asked what he thought about mosques comments biden wished him, quote, lots of luck on his trip to the moon. for more we go to youngs corta at the new york stock exchange. now yann's electric vehicle sales are still

going strong despite a lot of headwinds. what is it that mosque is worried about? exactly. well, i mean what the law gnostic is pretty much saying that some areas that this company are over the past. and with that he does not mean production of cars of batteries or installing solar panels. he is pointing to office workers. but clearly, in the past couple of weeks, the mask has hinted here and there that team might, that he is concerned that there could be a recession at some point. but overall, he was pretty short on a detailed that without the thing that they are those overstuffed areas. ok, so you're saying he's going to continue hiring in some areas and not others? well, but he is implementing a freeze. at the same time we saw new labor figures out of the us today, showing that hiring is strong across all industries. how do we make sense of these sort of different pieces of news?

yeah, almost all parts of the industry. we did see a little lower and of when it comes to retail. so they're actually a couple of lost the job got lost in the month of may, but overall yes, the labor market remain pretty hot and unemployment rate of 3.6 percent. so the lowest unemployment rate was 3.5 percent in 1969. so we're almost there. and to, for the month of may, about $60000.00 jobs got created more than additionally expected to build the labor market. it's still pretty solid even if it was the 1st month in about a year that less than $400000.00 subs got created. but then though, there are small signs that that might be a little cooling on the labor market ahead but so far and the market remains intact . ok, well that's 2 big pieces of market moving news today. how did investors react to

this young christy? not very well. i mean, 1st of all, look at test this talk was down by a good 9 percent. then what i find interesting with those remarks from ill on math, the super bad feeling actually when i saw the headline, i thought he was talking about his employees that he has to let go. but actually he was talking about the state of the economy earlier. this week we heard jamie diamond, the head of a j. p. morgan talking about a hurricane coming up to the us economy. so obviously more and more company leaders are warning that actually things could turn around to the verse when it comes to, to the economic outlook. and then was the labor market report. yes, it was still strong. it was the last big job number that we got before the next meeting in about 10 days, and that is pretty much on auto pilot. and so that despite some signs that the economy might be calling, the federal reserve is still going to increase interest rates probably by 50 basis

points. and overall, there was a little tell a few on wall street and for the week we are traded down by a good one percent young quarter bringing us super good feelings out of new york. thank you so much. europe's automotive industry has had a rough patch sticking with cars. budgeting is a nightmare. raw material. prices like sheets still have doubled in just a few months and energy prices only know one direction. getting your hands on car parts has also become tricky due to the war in ukraine. in this foundry, liquid aluminum is heated to more than 600 degrees celsius. this is what the automotive supplier l m. g in the german state of saxony and halt uses to press castings for both electric cars and combustion engines. well, usually at the moment it looks like this. the machines are at a standstill. most of the 160 or so employees are working part time. the reason the

massive rise in energy prices for 5 days, managing director, christine, suzanna turn axes, will run the melting furnace at full capacity. then the machines are shut down for 3 to 4 weeks. this is how electricity and gas are saved. bouncing back, he said, i have the foot of it has 99 percent of our electricity and gas is consumed in the foundry. we need 1000000 kilowatt hours per month. i let me do it over to the plant manager ralph, you'll catch often walks these empty halls almost every day. colleagues who are part time call him with questions or the gluten. he will call it to got through the coven period. quite well there. now. i don't want to exaggerate, but they are afraid of the future. you applied? well, we don't know how long these conditions will last. how long can we stay afloat? what happens next? good barfield odds me rising prices aren't the only problem for automotive

suppliers. like l m g. since the russian invasion of ukraine, many major companies have been running out of supplies that were previously coming from ukraine. as a result, when b m w volkswagen or diamond shut down their production, the demand for parts falls to the 2 acadia. cuz as fifthly, so at this point, because of the ukraine crisis, it's really the case that overnight we lost sales or the volumes that we're delivering decreased. and that's by 40 to 50 per cent per customer. the percent proclaimed the more and more spending on energy and raw materials and uncertainty about when customers will actually need an pay for the agreed upon quantities. but the situation could still worsen. for example, if russia stops supplying gas to germany and it has been submitted, the system is signed them and the quantity is reduced. we will try to use what we

have as efficiently as possible here. but if we don't get any more gas at all, then production will be completely shut down. there's no plan b for l m g in the mid sized company. this would mean that the production site in eastern germany may have to shut down a big hit to jobs in an economically under developed area. now to some of the other business stories making news today, use cars are getting more expensive and it's because of a rise in the price of new cars. in april, an average 3 year old car was 30 percent more expensive compared to a year ago. coven, 19 a chip crisis, and parts shortages are all slowing supplies and driving up prices. germany's parliament has approved an increase to the minimum wage, raising it from 9 euros, and $0.82 to $12.00 euros. the move will raise wages for more than 6000000 workers in germany when it goes into effect on october. first. amazon is the latest

u. s. tech company to scale back its presence in china. it has announced it is closing. it's kendall e bookstore in the world's 2nd largest economy. other companies like air b and b, linkedin and yahoo have also limited surfaces or exit of the country. they cite an increase in competition and harsh censorship. sex workers and activists march through the streets of mexico city on thursday to demand the right to work safely. the annual march aims to draw attention to issues of fem aside violence against workers and police and action. well, a few years ago, women in saudi were a saudi arabia were still banned from driving. now the 1st female car mechanics, car mechanics are being trained. crown prince mohammed bin solomon wants to modernize his country and that includes improving women's rights, which would help future proof the economy for a post oil world. this saudi arabian garage is cutting edge,

especially when it comes to its mechanics. many of the trainee recruits a women like their male counterparts, they carry out oil changes, battery checks and wheel fittings. something of a shock for many customers law will be di, let us the customers were really surprised. some of them came up to me and said, but you shocked us. ah, i'm people are amazed that women are working in this field and ask us what it is about the job that appeals to us. but the most common question i have is an attempt that oliver saudi arabia's economy needs to diversify and reduce its dependency on oil. with this comes a need for more workers, and that's meant relaxing old laws. in the past, women were banned from working in manufacturing and construction. but that's now changing. and here at the garage, the women mechanics are even attracting new customer groups. well, no,

no. but not yet. women feel relaxed when they come here and you know my hand and you've been on the whole some of them feel shy when dealing with math before i know if i'm in my job, they find it difficult to ask for things. and they're scared to ask what's happening to their car when i had him on a boat, but with us it's different. they can talk to us with the amana. despite this spirit of optimism, many traditionally minded men in saudi arabia continued to be skeptical about women working. and especially in technical roles. women are, by far the exception here a fish and chip shop in england is getting an extra helping of attention. people flocked from across the u. k to check it out after being featured in a tick tock video where it's name been lead mega chippy was turned into a catchy tune. unbeknownst to them, good,

good, good, good fans have been taking photos outside the shop while they wait for it to open. sometimes for up to 3 hours. staff say that customer numbers are 10 times higher than usual and that the attention is puzzling, but quote, absolutely brilliant. well, that is our show, i'm christy, platinum, berlin, for me and the whole business team. thank you so much for watching with what's making the headlines and what's behind van d. w. news africa. the show, the faculty issues shape in the continent. life is slowly getting back to normal. yeah. well in the streets to give you enough reports on the inside. our correspond,

that was on the ground reporting from across the continent, all the french stuff, the mazda to you next to the d, w. eco, india. the principle taishan of people in good, good, good, you know, depth. it account for about one 3rd of world wide c o. 2 emissions. how can we stay more dial until next year? we take a closer look at the city of atlanta, where local ideas create more eco friendly means of transportation, ego, india, and 60 minutes. the w o blue with it is a secret and a seemingly endless one. the conflict between iran on the one hand

and israel in the united states on the other with more than 40 years, the adversaries have been irreconcilable. there is never been any real dialogue. how did this confrontation begin? how great the danger that it was spread out, the loan more. he's really, iran usa starts june 15th on d. w. this is deed of the news africa coming up on the program. the air we breathe is killing asked. so what should be done to tackle apaloosa across africa and uganda's capital come pile out. evolution levels are dangerously high. so to make sure that changes one climate activist wants to see the city authorities.