Skip to main content

tv   Business - News  Deutsche Welle  June 9, 2022 1:15am-1:31am CEST

1:15 am
center, the outcry has also taken on an economic dimension with shop owners and some muslim states boycotting indian goods. but it's doubtful that could impress him. do nationalists, there might we look at the stream, but the good will remain the same. i don't think the chord will change. physiology might change the language might change, but the targeting of the muslims will continue. still, the international outcry seems to have forced india's b. j. p on to a road it was not expecting to take and that's our time staging. for business ah, fur, i'm scared that i think that's hard. and in the end the some me you are not locked up to you anymore. we will send you back. are you familiar with this? with the smugglers reliance? it's debbie. what's your story with. ready he wasn't,
1:16 am
i was women, especially victims of violence. i love to take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information for you lawmakers back of ban on combustion engines and moved to fight climate change. the european parliament wants to end the sale of new cars with combustion engines by 2035. but will you member states give the green light also on the show, getting grain out of ukraine, brush and turkey, se they found
1:17 am
a way to ensure the safety of ships leaving ukrainian ports. our reporter breaks down. what's in it for anchor. and as a global food shortage looms farmers in ukraine's east plant their vegetables as bombs fall around them. i'm christy plants and this is d. w. a business. the european parliament has endorsed a ban on cars with combustion engines, starting from 2035. as lawmakers try to step up efforts to fight climate change. the mandate would prohibit the sale of new cars powered by gasoline or diesel. the assembly also back a 55 percent reduction in carbon dioxide from cars in 2030 compared with last year . the parliament now has to begin negotiations with member states to adopt adopt a joint position. while decisions today, decisions today weren't easy ones. our reporter marina strauss has more. e lawmakers here in stress book have voted in favor of a ban anew combustion engine chorus. by 2035, the greens,
1:18 am
the socialists and also the far left, said they welcomed this decision because it would help the block to become climate mutual by 2050, the conservatives, and also the far arise, however, said they were not very happy with it because they would have preferred more freedom for the industry, for example, by allowing synthetic fuels. so before this can become a law before it can enter into force that you lawmakers will now have to discuss with the 27 e u countries to find a solution at compromise. other climb proposals where it rejected to day, for example, the reform of the use carbon market. and that means that you lawmakers will have to come together again. now we'll have to discuss, we'll have to try and find a compromise that everyone can agree on in the future. demand for mortgages and the u. s. fell to the lowest level in 22 years last week. the mortgage bankers
1:19 am
association said applications for mortgage to buy a home dropped by 7 percent. it comes as interest rates rise and the number of homes available decreases in the u. s. will for more. let's go to youngs corta at the new york stock exchange. hi there. yes. can you tell us why aren't americans buying houses like they used to? chrissy, i just look at what happened to home prices here in the united states. recently, it typical us home was worth about $344000.00. that was a good $70000.00 more then at the end of 2020. so this is a one side of the medallion. and then on top of it also the price for her mortgage . it's have increased quite a bit. so at the beginning of the year, the 30 year mortgage rate was at about 3 percent now it's almost at 5 and
1:20 am
a half percent. so it's also more expensive to find in those houses. right? yeah, i'm talking about more expensive. a lot of things are more expensive these days. how might a lower demand for mortgages bleed out into the rest of the u. s. economy? sure, i mean, chris, the one over all the building and housing into 3 is one of the bigger cornerstone. some of the into theory or of the economy here in the united states in general. but then also if you look at the indirect effect, i mean a lot of people in the past have refinance their mortgages. and with that extra money that they're making, with refinancing, they could spend it somewhere out there. and if you look what happened to the refinance demand in that past month, it was down 75 percent in comparison to a year ago. so that's also some extra money that will not be available for americans to spend a soul in that regards me. thing to support
1:21 am
a growth in the united states overall young quarter. thank you so much now to some of the other global business stories making those the organization for economic growth and development has cut its global growth forecast to 3 percent this year. the group blamed russia's invasion of ukraine and the energy and food crises. it also expects inflation to rise to 8 and a half percent in its $38.00 member states. a quarter of flights are expected to be cancelled at paris charles de gaulle on thursday. workers are set to strike, to demand higher wages, the walk outcomes, the several european airports have struggled to handle, passenger flows due to staff shortages. the travel industry is bouncing back faster than expected from the corona virus pandemic. while russia's war continues to block much needed grain exports from ukraine to the rest of the world, the ukrainian agriculture ministry has said that as long as the ports remained blocked, only a 10th of the countries current grain reserves can be exported by road rail. each
1:22 am
month now turkey hosted russian foreign minister sergey lab rav for talks aimed at reopening ukrainian ports for shipments of green. now the ukrainian government says that as many as 25000000 tons of grain are stuck in odessa, blockaded black sea port. russia and turkey voiced support wednesday for a safe corridor in the black sea was shipments flanked by the turkish navy. but kiya has rejected the proposal saying that it was not credible now since it rushes invasion of ukraine, global food prices have exploded. leading to the threat of worsening hunger crisis in north america. well, for more about this, i want to talk to our reporter, etc. put, and you told me also before our talk that your name meets plantar harvester so very appropriate to talk about grants, correct. so how can we interpret the results of these talks that took place in turkey today? well, there is a step forward, even though it's
1:23 am
a tiny one. the advantage here is that turkey can talk to both countries. so turkey did not sanction russia since the start of war. and it still keeps its good military and economic relations with ukraine. and both countries are partners for turkey. so in which case that turkey just stepped up and wanted to play this our brokerage role for the pistols. well, out of my next question, i mean, maybe you can elaborate about that a bit about what role turkey actually has to play here in this sort of crisis. interior turkey defies it as a facilitating or mediating grow in practice that will mean that turkey would escort the ships that are, that are giving or their support in ukraine. and they would also help the mining the area and they would escort all the way down to was for a straight so that the, the ukrainian with can reach the global markets. ok, well that all sounds well and good. what does turkey get out of doing this?
1:24 am
actually, well one can ask, talk, you are the one. well, we need to dive into talk is current situation to answer this because there is one year into actions. and one is not in good shape in terms of poles and public support. so turkey seems to be very eager to play the key role in this, in this deal so that i can show up again and you know, she can just show the work back. i'm still here and i'm still very important in the region. i can broker this deal, so the world needs me. and this can translate still translates into popular support and took. right, right, right. well, i'm taking a look at the more short term results here. talk so sort of ambivalent today. what do we have? what's gonna happen next? what do you think? well, it will be a cliche, but we are going to have to wait and see in the coming weeks. and we are going to have to see how your grand will really react to the talks that have been taking
1:25 am
place in turkey today. and but you know, things are changing very quickly. like last month we were reporting that india wanted to step up to cover the deficit and global grandma. but days after they wanted to buy it. so we're really going to have to wait to see all the checking in with you on that again going forward. thank you so much, equity now the war of course has hit you korean farmers in the countries east. they have been planting, seasonal vegetables, despite fierce fighting in the area. a russian missile comes to rest in the ukrainian farmer's field right in the bread basket of europe. thanks to the soft ground. this one didn't explode. but despite the danger, life must go on. and farm, as in ukraine's eastern dunbar region, have nowhere else to go. and that may seem like it was the yeah,
1:26 am
this constant shelling, there are some breaks, but they are very short, were not sleeping at night at all. while they're showing you are shaking in the bed . there's no way to go and no money to go. they planting seasonal vegetables in this field as they have done every spring for generations with this shelling from every way a daily what can we do? we need to live somehow and to survive somehow. yes, that's what i i won't go away from here it's, it's my field. why should i go somewhere else with normally ukraine supplies just diver 40 percent of the sunflower oil. tried it on the global market. 16 percent of the maze and nearly 10 percent of the world's wheat. but with russia blockading, ukraine's ports around $25000000.00 tons of grain, a stuck in the country, according to the united nations food and agriculture organization. there's also
1:27 am
evidence that moscow's troops have been looting storage facilities and transporting the grain back to russia. to make matters worse, rushes invasion has deliberately targeted ukraine's agricultural sector, leading to downgraded harvest forecasts for this year. a reminder of the top is a story we're following for you this hour. the you parliament has voted to ban the cars with combustion engine starting from 2035 as lawmakers try to step up efforts to fight climate change. the mandate would prohibit the sale of new cars powered by gasoline or diesel. the assembly also backed a 55 percent reduction in carbon docked by oxide from cars in 2030 compared with last year. well that's our show for more check us out at d, w dot com backslash business, and the d w knows you to channel. we are also on facebook for me in the business
1:28 am
team here in berlin. thank you so much for watching the show with, ah ah, in the season. mm. where many of his fans are located. that was until he took a stand on the war in ukraine. how taking this position has affected him.
1:29 am
focus on europe. next on d, w. into the conflict zone with sebastian more than a 100 days of war in the crime on the bottom over intensified my guess this week from brussels is new both to both got advisor to ukraine's armed forces. how long can care rely on western arms and. 3 munitions, who commit really trust conflicts? in 60 minutes on d. w. o. or asia and lovers guide. by vibrating asian cities
1:30 am
by the local artists ah, in the unique experience of their craft, joins for exclusive master classes. with this week on d. w. enjoying the view and come take a look at this tv highlights every week in your inbox, subscribe. now with this is focus on europe. i'm lar babel lola. welcome to the show. solidarity with ukraine is strong in europe and beyond. but in russia the picture looks very different. that's partly due.

22 Views

info Stream Only

Uploaded by TV Archive on