tv Business - News Deutsche Welle June 22, 2022 5:15am-5:31am CEST
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or settlements now control almost all of the hans key of says it has ordered, as only received a fraction of the heavy weapons, it needs to push the russian assault back. all right, you're up to date. stephen beardsley is up next with all your business news and don't forget, there's always our website if you need more news at this hour. that's d w dot com. but of course we're also on twitter and instagram. d. w. news there until liberal and thanks for watching stories that people of the world over the information. they provide the opinions they want to express d. w on facebook and twitter up to date and in touch. follow us. mm
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hm. with ah, germany is grasping for energy solutions, but what about nuclear? the country is continuing its phase out of nuclear energy despite persistent calls for a change. of course. we'll look at what the chancellor himself has to say about keeping reactors up and running. also on the show indigenous people in ecuador,
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continue their protests over fuel prices and find some support from students and workers below. welcome to the show. i'm seen clearly in berlin, but the pressure on the e. u is growing, as russia continues to slash natural gas exports. to the continents, moscow cutting off all gas flows to 6 european countries. meanwhile, it's significantly reduce applied to your biggest economy. germany, by 60 percent of the german government is now encouraging utility companies to extend the use of coal fired power plant. right now has 70 such plants that run on hard and leg night coal. a germany also still has 3 nuclear power plants, although they're scheduled to cease operations at the end of the year. and that would fulfill the so called nuclear phase out promised by chancellor anglo merkel in 2011. now a, some are calling for those reactors to be kept on line. that's controversial, however, and it might not even be feasible. the utilities running the plants would have to
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get new fuel grade uranium, which is expected to take some amount of time. let's take a look at what german chancellor olaf shows said in a recent newspaper interview. about this very issue shows telling newspaper munich that he wholeheartedly support the phase out of nuclear energy. never look the less if there was a way to extend operating times for one or 2 years without problems than he expects any one would hardly object to it. he says that's obviously not possible. and so he's not gonna spend a whole lot of time on that question. or i felt like he's focusing on the technical aspects of keeping nuclear going. but what does german industry say? well, my colleague, japan aj a bay lou spoke with the head of the federation of german industries recently and asked him if nuclear should be part of the solution. while, while the nuclear on the long run, will be a contribution to the world's energy equation. that's still to be seen. there's a lot of innovation underway,
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and i'm really curious to see how new nuclear reactors, you technologies may change our energy mix and the future short term. the contribution is limited. well, i mean, of course the german government is now heading for more production of electricity with coal. is this the right decision given how many emissions are carbon emissions? we'll see from coal production of energy while it's definitely not a preference, but frankly, it's the only alternative that we currently have to substitute out russian gas. and that the russian gas supply is fragile to call it the best. we see that every day. so the, the only short term alternative us to burn more coal and pull that forwards on a, on the total salo fall for the earth. it will not make a difference whether we do it now or later on. it's not that we like it, but it is the only open alternative that we have. well, obviously natural gas is no longer being used for energy production of at least for
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the time being. i'm other industries also rely on a natural gas for, you know, creating the products, especially the chemical industry. is there enough to go around? well, german industry? well, that's the reason why we should save whatever can be saved in order to keep the machines running to kim production processes running even over the course of the next winter, where germany or middle europe will depend on gas supply from russia, with all its uncertainties. one year later, we'll have more energy terminals, a better supply for a liquefied natural gas. so it is a short term measure where we need to boost, pull all strings in order to get our reserves for the next winter up and felt. well, what is it exactly when i see from the government, of course has been a lot of discussions about what to be done. what is there that industry expects the german government to do now? well, the most recent decisions go checkley along the lines. what we have argued,
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so stop using gas for producing electricity rather step on the, on the coal alternative. ah, we appreciate the market mechanism on how to help companies to substitute gas and support that financially from the government rather than supporting failing companies thereafter when it's too late. so this mechanism that says, well, the market may decide what is the most effective liver to, to say of gas, and we support that financially as a truly smart solution, which we applaud very much. thank you. thank you for joining us. other are to punish male. they're talking to sick, fred ross, one of the association of german industries. let's get out of some of the other global business stories making headlines. the united states supreme court has rejected a buyer effort to shut down thousands of lawsuits related to its round up weed killer. the decision also lives a $25000000.00 judgement in place for
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a california man who says he develops cancer after using round up for years. facebook's parent company must stop using an advertising tool for housing ads, which the u. s. department of justice said was discriminatory against people based on their race, class, and sex. all characteristics protected by the fair housing act under the settlement meadow will pay the maximum civil penalty of about $100.00. $15000.00. the maker of frosted flakes, eggo waffles, and pop tarts is splitting into 3 new companies focused each on serials snacks and plant based foods. the spin offs are set to be completed by the end of the year. kellogg saw net sales over $14000000000.00 in 2021. with the vast majority generated by snacks. tesla, c. e. o. e. lon. musk told the caught our economic forum that the electric car makers looking to trim its salaried workforce, but increased the number of hourly employees must says up to 10 percent of workers
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drawing a salary could be laid off over the next 3 months. but the total headcount reduction would only be around 3 percent or teddy, austria's or financial correspondent in new york. he joins me for more on this teddy. this announcement of job cuts from mosque was a little bit confusing. what, what happened there? yeah, this really was kind of like a ball of confusion and the seems to be a trend freeland mosque will say, one thing on twitter. another thing and an e mail, another thing to a journalist, but here's a little bit of clarity. it appears that 10 percent of the workforce, not the entire workforce, but just the salaried workers who are a minority of the company of the $100000.00 worker company, 10 percent of those workers will be laid off. now the same time you must, has said that they want to increase the number of hourly workers and why are they doing this? well, tesla has announced that they have over extended themselves in
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a recent years. and now this, they're compensating for it. 10, is it fair to say this isn't the 1st issue with labor that tesla has had in its history. there's been a lot of these kind of issues cropping up in which it's been misunderstood. or in fact, it's been accused if not found, to have committed certain of false practices. what can we say? yeah, well, these layoffs, i think are certainly have a piece with a number of accusations by workers. workplace issues with the company hasn't seem to stop investors who rallied on soc today. but if we want to talk about layoffs again, well, 2 workers are now using the company of not giving them sufficient. notice this is in nevada plant. i'm a 500 worker is getting laid off and there are some accusations of union busting, firing, some workers who are trying to start a union and just a generalized racism and sexism in the workplace. in fact,
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an investor suit is now open against the, the board of directors, accusing them of allowing a toxic workplace culture. now, you must, has denied many of these allegations has took the twitter to call it trivial. but it is a fact that these layoffs that we were just talking about are in fact can't be disconnected from broader workplace issues at the company already austro new york talking about tesla. thank you very much. we shift gears now and take a look at south america. thousands of protesters are marching in the ecuadorian capital against high fuel prices, economic inequality, and the policies of the president, demonstrations, including barricades in some parts of the country, have already cost the economy, their tens of millions of dollars. they came on foot on scooters and the back of trucks, thousands of indigenous activists converged on the capital quito for the 8th day of
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protests. the recent demonstrations were sparked by an increase in diesel and gasoline prices. high inflation rates have driven up the cost of living, even as unemployment rates rise on top of these issues. the corona virus pandemic mesa met oh, month after month, prices are increasing. so we don't have enough money. and we are suffering from hunger. if we don't have enough to buy, we don't have enough to give our children a snack. right now. we don't even have enough oil to make a potato chip for our children. men, women and children have joined the protests. but there have been frequent classes with police the
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demonstrators are particularly angered by president guillermo losses, economic policies. they accuse him of focusing his support on oil and mining companies. instead of responding to their demands in life with jazz of this government has not listened to the requests and proposals of our national organization. the president has declared a state of emergency and several provinces. he says he wants to sit down at the negotiating table, but insist the protesters only want to force him out of office. sure, if boy ha, my valencia there, response has been more violence and new threats to attack kito. well, the more we can allow a few violent people to prevent millions of edward dorians from working. and i think what doughty and while the protests have been led by ecuador, indigenous peoples, students workers, and other people feeling the economic pinch are now joining the call for economic
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reforms. here's a reminder of our top business story. calls continue within germany for the government to reconsider plans to shutter its last remaining nuclear reactors at the end of the year, berlin is desperate for new energy solutions as russia squeezes it's gas deliveries . and that's it for me. and the dw business team you can find out more about these and other business stories online. dot com slash business check is out on youtube as well under the d. w. news channel. i see beardsley, thanks to watch with a wildlife to touch in lawanda. these kids belong to a club that wants to protect it. it's part of the government's educational program because for one does unique flora and fauna is threatened. initiatives like this
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should help raise awareness is the idea of working eco africa. next on d w. the secret war between iran on the one side and on the other israel and the united states. why does he ever seem to end? for over 40 years old diplomatic efforts have failed, only there has never been any real dialogue. the 2nd part of our documentary, the long, is in 45 minutes on d, w ah, a little nar, davinci is mysterious masterpiece. this perhaps the greatest leonardo masterpiece
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and the collection of the lou and no, it is not the mona lisa. it is the virgin of the rocks, 2 versions, multiple copies, and a hidden drawing. was there another symbolic meaning to this beautiful painting that perhaps we just don't understand? the switch for answers starts july 7th on d, w ah ah . with it's time for new edition of a co africa brought to you by active in uganda, dw, from gemini, and channels television here nigeria, my name is.
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