so among the well wishers, the platinum to believe marks the queen's 70 years on the throne. the queen will now enjoy events on tv at home at windsor castle. well, that's all for now coming up next. it's christy plots in with dw business, and she'll be looking at why long musket wants to downsize to has less workforce and don't forget, you can stay up to date. at would all the latest news on our website, d, w dot com, or you can follow us on our social media account. i'm pablo foliage for me, the team here. berlin, thanks for watching. honestly, again, at the top of the next are a every day for us and for our planet, with global ideas is on its way to bring you more conservation.

how do we make cities greener? how can we protect animals and their habitats? what to do with all our waste. we can make a difference by choosing reforestation over deforestation recycling over disposable smarten solutions over steam set in our ways or is truly unique. and we know that that uniqueness is what allows us to live and survive google ideas. the environmental series in global 3000 on d, w, and online ah, yvonne must cuts his company's workforce and phrases 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, but social reforms have led to more freedom on the labor market, like the kingdoms 1st, women training to become car mechanics and road blocks hinder europe's auto industry. surging energy cost raw materials, doubling 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 young's court 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 do you learn? oscar? pretty much saying that some areas that just company are over that, but with that he does not mean production of cars of batteries or installing solar panels. he is pinpointing to office workers. but clearly in the past couple of weeks mosque has hinted here and there that team might or that he is concerned that there could be a recession at some point. but overall, he was pretty short on a detailed that without saying that there are those overstuffed areas. ok, so you're saying he's going to continue hiring and summer is not and 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 jobs. 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, the 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 initially expected to go. the labor market is 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 there might be a little cooling on the labor market ahead. but so far the labor market remains intact. ok,

well this was too 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 elan math to super bad feeling actually. right. and 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. and so obviously more and more company leaders, some are warning that actually things could turn around to the worst when it comes to the economic outlook. and then with 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 autopilot. so that despite some sign 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 fell off 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 and 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 you said i thought of it had 999 percent of our electricity and gas is consumed in the foundry . we need 1000000 kilowatt hours per month. i let me know if it over to the plant manager. ralph yosh catch often walks these empty halls almost every day. colleagues who are part time, call him with questions or the gluten, who will colleagues who got through the coven period quite well. there now. i don't want to exaggerate, but they are afraid of the future. you. we don't know how long these conditions will last. how long can we stay afloat? what happens next?

good buffer feel. odds me is 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 dialer shut down their production, the demand for parts falls to the to claim cuz as swiftly so at this point and it has 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 stop supplying gas to germany and it has been netted,

the system is designed and then 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 blend 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 those today use cars are getting more expensive and it's because of a rise in the price of new cars. and april and average 3 year old car was 30 percent more expensive compared to a year ago. coven, 19 a trip 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 marched 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 way, saudi arabia were still banned from driving. now the 1st female car mechanics of 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, la obadiah, got 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. that's the most common question i had sent. a sent this out, 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. we're not yet, not women feel relaxed when they come here. and you know, my hand and human and the whole some of them feel shy when dealing with math before know if i want to mother, they find it difficult to ask for things and they're scared to ask what's happening to their car when to have him anovia but with us it's different, they can talk to us, we sit up with you. 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, hey,

bag bag fans have been taking photos of 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. brilliance. well that is our show, i'm christy, platinum, berlin, for me and the whole business team. thank you so much for watching to the point of strong opinion. clear positions, international perspectives. russian troops are stepping up there offensive in ukraine's industrial hard land. as the conflict becomes the war of attrition,

ukraine pleads for additional heavy weapons to hold off the invaders. is the ty, turning in proteins favor to point d, w with soccer is was bored of any colors. and the children in this mountain village know them all. huh. where's blue? the color of her favorite. tain, but sex, it's traditions. prevent her from going to games and play an insurmountable obstacle. little girl football on the page. even 45 minutes on d, w. o. in

many countries, education is still a privilege. tardy is one of the main causes, some young children walk in mind troughs. instead of going to class others can attend classes only after they finish working with millions of children, all over the world can't go to school. we ask why? because you cation makes the world more just, ah, make up your own mind. d. w, made for mines. russian troops are stepping up. they're offensive in ukraine's industrial hard land . slowly but steadily seizing ground with overwhelming fire power and bloody tactics that are taking a heavy toll on ukraine's defenders as the conflict becomes a war of attrition. ukraine.