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tv   Business - News  Deutsche Welle  June 7, 2022 8:15am-8:31am CEST

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but with the on to attackers still freeze churchgoers fear the terror could be taking a new direction. ah, i think jeff did, i don't know the won't use here on detail, but you don't forget you can always get use on the go. just download our app from google play. oh, from the apple store. i'll give you access to all the latest news from around the world as well as push notifications for any breaking news till for now. business is up next and i'll be back at the top of the out even with with 175 years ago. you start up entrepreneur at
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a specific goal to build the best optical instruments in the world. ah, did he know that devices bearing his name would one day feature in the moon landing 21st century science into new realms. the rise of a global company, 175 years of size starts june 19th on d, w. o, o u. s. gasoline prices plow through another record. experts say prices at the pump will go even higher with mid terms learning looming. the white house is feeling the heat. also on the show, spain uses one crisis to solve. another ukrainian refugees are filling gaps in the
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labor market as the spanish tourism industry springs back to life. i'm christy plots, and in berlin this is d w business. welcome to the show. gasoline prices have surged to a record high in the united states. the american automobile association said the national average was $4.87 per gallon. up by more than 50 percent from a year ago. despite opec plus announcing plans to ramp up production demand in the u. s. remains high due to people driving and flying more saudi arabia raise prices for its crude sales in july. while for more, let's bring in our u. s. financial correspondent, yann's quarter in new york, at the stock exchange, yann's crazy prices we're seeing at the pump in the u. s. is this likely to have any effect on demand going forward? well, christy, we already see that that a lot of fir car drivers here in the united states actually consider when to use
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the car and to him how often. and now we're at the beginning of the summer a driving season. so also some americans are reconsidering their summer travel plans with prices being a so a sky high and that's probably not going to change any time soon. look in some areas in california for example, where'd some gas station. so the gas prices are looking almost at am $7.00 a barrel. so yes, you will probably see some impact on demand, but not such a strong impact that you will see. the lesser demand of bringing price is done. now yes, we know it's not just gas prices that are up also, consumer prices are up. u. s. president joe biden has been taking a lot of flack for this. does he have a lot of room to act on prices at the pump? christy. and there was one of the headlines today saying that guys,
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gas price is more than doubled since the joe biden was worn into office in january of 2021. so definitely not very good for his approval ratings, but there's only so much the president can do. i mean, he mentioned in the past that he has opened up the strategic oil reserve that hasn't done the trick. he can't really force other nations to pump more oil to bring prices down. i mean, he did try to force the industry to actually produce more oil, but none of that has worked so far, so you just would need much more supply and is big, doubtful at the moment that this is going to change in a big way anytime soon. yes quarter, thank you so much for that analysis. the term in tourism industry has been one of the hardest hit sectors during the during the coven. 19 pandemic lockdown measure is grounded flights and closed restaurants and hotels. now in spain,
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tourism is bouncing back. but a labor shortage is threatening to ruin the momentum there, but refugees from ukraine are offering a helping hand, taking orders efficiently, preparing drinks with style and serving them correctly. that's what these refugees are learning in the port city of alley, county, in spain. the idea was the brainchild of antonio crisper from the tourism association by it. ok, so this is an opportunity for us because we have staff shortages and also an opportunity for them because it's a way to integrate them and say mockery to skip nick from the ukrainian city of de new pro is he had to learn a new vacation at a cost in the tourist hotspot of valencia smith at the mobile a door stove wanted saw. it's a roller coaster as a motion with course either. i had another job before and was worried about how thing i would be here. could fill the position on the good guys this, but i see how professional everything is. and i motivated and were satisfied via
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user history and young among of several shots. but for many jobs in restaurants and hotels, employees need to be able to speak spanish as well. as is the case for ludmilla prerequisites. she works with other ukrainians at this restaurant, but she's the only one serving because she speaks spanish. the rest work is helpers . and must be the economy for me. i lived in barcelona for 2 years with my family. then we went back to ukraine for a year. and this time i've been here for 2 months. is toya give us dismiss. the mediterranean coast is come now, but tourist season is coming. so margarita skipped. nick is using the time to learn spanish during the day. while waitressing at night. as summer travel approaches tourism is rebounding and the sector is struggling to keep up with demand. my colleague, alexa miles spoke with sir and hoffman of the federal association of the german
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tourism industry, about how the sector will manage of the 2 years of condemning related it's travel restrictions. what is the mood like at your company and in the tourism industry? in general, quite good. after all restrictions felt in the very beginning of the year. we have a demand. we never had before to say, especially for bond tourism. so we see high increase the demand for 2022 will be even higher than 2019, especially for some of you and germany. it takes a little bit longer. the fall was not so high. so also the potential which brings, let's say people big is not as high, but in business. probably, of course, missing. still the pandemic isn't overpowered from that. we have the warning ukraine. how do these factors affect the traveler sector? and the moment not at all, i have to say not really, just let's say maybe countries future around ukraine,
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but all the other ones are not affected all of course, this could change in a while. first, 2nd is that besides the ukraine wall of course, call, which they make is not over and we need rules. we need a clear instructions. what to do if the waste comes back in an autumn. so we need a solution from the health ministry to come up, let's say was ideas because we can close industry again. simply not possible. airlines in particular don't seem prepared to deal with increasing or passengers at the moment since they laid off a lot of staff during the last 2 years. what can they do? well, that's actually it's a problem and a lot of industries right now, especially of course and tourism. so a lot of people disappeared because there was no work. and a lot of people were in short time work, especially in germany. so the disappeared so we have to make sure that we communicate in a good way that market is coming back. industry is still
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a very attractive industry. but this is a short time thing. we ought to have a long term effect on this long term purpose because of the change of the generations. and then we have to act in a very different way. first, we have to do to, to live our whole business to have easy processes by check in process, et cetera. first and 2nd, we have to allow a lot of people from outside to work in germany overall. and what are the biggest challenges for the tourism industry at the moment? in fact, there 3 is 1st digitalization. we have to invest a lot, let's say in better processes in our systems. second is we have to make all our industry and that means hotel business, flight business and also get me a lot more sustainable than before. we have to work on this. and the 3rd one is what we just talked about. stuff we need to look for employees and people who
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want to work on the screen. thank you very much. pleasure. now to some of the other business stories making news. you learn mosque has warned he might walk away from his 44000000000 dollar offer to acquire twitter. if the company doesn't provide data on spam and fake accounts. his lawyers made the threat in a letter saying he needs the information to evaluate how many of the accounts are fake. car sales in russia tumbled by more than 83 percent in may compared to a year earlier. western sanctions have led to parts shortages and spiraling prices . top western carmakers have suspended operations or left russia since the invasion of ukraine. of the check parliament wants to pass a law to confiscate the property of oligarchs who support the war in ukraine. the country has emerged as one place in the you where wealthy russians have credit that have criminal ties, have been parking their assets liberated overboard for the no questions is the theme of the day at the gate of russia firm, emma se, in the czech republic,
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pool the off day way back employees have been given a gag order by company brass, husbands. oh, lisa did you some of the nurse, the people at emma's error afraid of losing their jobs? the fact that everything's county wars has been talked about for a long time, especially in the public light. like most of it up to no one on the outside can really say what's happening inside the factory regional medical screening. it was rank, we'll go this year until now. emma say belong to russian steele, producer t. m k, headquartered in moscow. it's big, it's shareholder oligarch. dmitri pump janski's, a member of pollutants. inner circle is on the ease, sanctions list. apparently the sanctions are having an effect. the oligarch has now given up his t. m. k shares. the plant and donny denisha produces pipes and pumps for the russian oil and nuclear industries. m s st,
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which employees 400 workers, came into russian ownership. when chic state companies were privatized, the company means a lot to checks here. the firm was founded by a check entrepreneurial family at the will needed new disciplinary durmit that no, no, we don't know who the real norris here today. they were all this executives from russia, for example, in the finance department to be go little. but the official owner was never oversight for he's, i'm just a neighborhood. he threw all it all over the journey. might those submission get that in? you could do frog wants to get rid of the kremlin controlled oligarchs because they support the war and ukraine. this data bank specialist has compiled a list of more than 40 russian firms at the very top oligarchy. dmitri pump yon ski together with his wife and son. the search for the real owner of emma se is never over. russian. oligarchs are masters of concealing their property in the west. the
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ownership structure of the company goes to cyprus, netherlands, bermudas, and back 3 times. so you had ownership changes on like 568 companies. and it's extremely hard to track down, especially when some of the company registries in some countries are not really opened and available. russian oligarchs used bogus companies and front men to hide their property. only a global asset registry could drain the swamp. that's our show. thanks for watching complex contemporary art influenced by the moment leads to cloud, his work speaks for itself and is in high demand. ah,
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we sheri's gaze of insight into the wagon one of germany's my sought after all, to meet the artist applauding. arch 21. next on d, w a beginning of a story that moves us and takes us along for the ride. it's all about the perspective culture information. this is dw and d, w, made from mines o. devastated with to how we can with cars carried off money. the fact of climate
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change, i mean, felt was wired before a station in the rain forest continued carbon dioxide emissions have risen again. young people all over the world are committed to climate protection. what impact will because change doesn't happen on its own. make up your own mind it d w. late for mines. ah, and that she has the most important and best known artists in germany today in dodge land. ah.

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