tv Business - News Deutsche Welle July 1, 2022 5:15am-5:31am CEST
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ling of an eye, nato is also set to grow with the turkish veto against finland and sweden joining. having been ironed out, vladimir putin, his warning he'll consider sending ballistic, and even nuclear weapons, to russia's border with finland once it joins nato's ranks. treachery nation on. yes, for it, everything was going fine between us actual but i'll now there will be tensions there. certainly. well, gina, this is obvious and inevitable. i repeated that though, if there is a threat to us in stereo the most though us animal girls, nato also drop plans against what it sees as coercive tactics by china. the leaders will meet again next summer in the lithuanian capital. vilnius. stay with us. ah ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage 360. get the app now.
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the resurrection of jesus christ. well, i'm ago, bavaria. the world's largest passion play is back. every 10 years, visitors come from all over the world to see the staging of the biblical story. and this time, it's more up to date than ever. obama go village and it's passion. letters, sports july 3rd on d, w. ah, the white house calls it a devastating decision supreme court ruling clips the powers of the us climate regulator. so what does it mean for america's energy sector? under pressure to help ease soaring energy prices,
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the opec plus oil cartel agrees to press ahead. with moderate monthly output rises, and as ferdinand marco's junior takes office as president of the philippines, can he keep the countries economic recovery contract? this is due to be a business on robots in berlin. welcome to the program. it's a blow for jo biden's efforts to turn the u. s. economy green. the supreme court has curved the powers of the country's top environmental regulator. the court's ruling restricts the environmental protection agency's the authority to regulate greenhouse gas emissions from power plants. the decision also throws open the possibility of further limitations on the president's power to intervene elsewhere on environmental policy than puts into doubt biden's plans to push businesses to act in an environmentally responsible manner. white house says it's a devastating decision. it aims to take the country backwards. for more on this, i'm joined by louise osborne from d w. environment in the sierra. tyler is thanks
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a lot for joining us. can you just explain to us in a bit more detail exactly what happened here? ok, so this is a decision that is going to make jo biden's life even more difficult than it already is. it's basically limiting the government's ability to tackle climate change elements, the power of the environmental protection agency to curb carbon emissions from power plants. it basically the supreme court made the ruling that the e p a had no competence to make this decision by themselves or to, to do this by themselves. and that only congress had that competence. quite another sort of yeah, legal wrangling going on. but what does this actually mean ultimately for businesses in the us? ok, well if you're running a power plant, obviously this is great news for you. for everybody else. there are companies that have invested a lot in green, changing their company to be more green. for example, this is going to be a, bring a real atmosphere of uncertainty for them. they'll want to know what's going to
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happen next, who is really in charge, who is making the decisions that there is also a limit that is being put on the federal government and what they can bring forward . and this could run to anything from standards about clean air, water, consumer protections, banking workplace safety. so this really has wide implications. yes. as a precedent doesn't it? so that's for businesses, but presumably there are implications well beyond that as well. for the environment, for example, i mean the u. s. is the 2nd largest emitter and any curb on its ability to reduce its carbons, emissions are going to have implications for everybody. president trump, for example, had already abandoned the paris agreement, which would, is the global effort to reduce temperatures, to well below $1.00 to sense great celsius, sorry, one before,
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like above. pre industrial levels for president biden brought the u. s. back in. and this is going to be a problem in terms of them trying to keep their carbon emissions low so that they can meet that goal under the parts agreement, the supreme court, not too popular with the, by the ministration of the members. so i thought, well, louise osborne from d w environment. thank you very much for bringing this up. take takes the oil cartel. opec and its allies will increase daily output by 648000 barrels of oil in august as announced on thursday. opec classes. it's known which includes saudi arabia, russia, and other major producers is sticking to a plan of moderate increases despite growing cause to counter rising fuel prices by raising out by more light boost is expected to do little really, to relieve the energy fuel inflation plaguing the global economy
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across to our financial correspondence in new york to the australia on this teddy or is there any reason to believe that the soaring energy prices of the us, among all, many, all manner of countries is experiencing it, goes, be brought under control anytime. see these short and unfortunate answer is no concerns still loom, despite these promises to up production, the worn ukraine in the global supply chain disruptions have really wrecked havoc on the energy supply. the problem at hand is whether or not opec plus can actually meet its promises. now, we just saw a report yesterday that it is failed to meet its quota as by about 3000000 barrels a day. that's quite significant. earlier this month, they had promised to up their production by more than had been anticipated. now in 2020 actually when there was the demand shock of these countries have struggled to up their production since and go beyond what's needed right now. so concerns. yes,
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there, they're still looming, and joe biden is due to visit saudi arabia during july, another, or a big producer of oil i was hoping to achieve during our visit. well, the u. s. is struggling with these high prices just like everyone else. the biden administration would like to lower them, and this is, he's going to saudi arabia in july, as you said, despite the political tensions between the 2 countries. yeah, he's actually getting some criticism for it. but why? well, we just were talking about the countries that can't meet their quote as those are countries such as nigeria and, and go la, well saudi arabia and u, a. e. they are the only countries that have the spare capacity to actually increase oil production. however, that spare capacity is shrinking. so even after this, they may struggle to the new york stock exchange for us. thank you very much for
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bringing up to date on that. now let's look at some of the other global business stories making use around the world. ukraine has received a loan of over $446000000.00 from the world bank. united kingdom has agreed to guarantee almost the entire amount. the country's finance ministry says that on a set on thursday, the funds would be used to pay public sector employees. i was on his limiting purchases of emergency contraceptives to 3 units per week in the united states. the division comes after the supreme court overturned a long standing ruling that declared abortion a constitutional right and says, it aims to prevent retailers from stockpiling birth control products, visors. german partner by on tech says the 2 pharmaceutical companies will start testing a new corona, virus vaccine on humans. this year. the shot has been designed to protect against a wide variety of corona viruses. they have a universal dose or better protect against or micron. and it's very muffin,
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and marcus junior has taken office as president of the philippines, marking the return of the country's most infamous family to its highest office. marcus used his inaugural address to say he wanted to talk about the future, not the past. for the country's economy, that means recovery from the pandemic and a battle against inflation. you know gratian of ferdinand marco's junior marks and astounding return for the son, whose father was ousted from office 36 years ago. but in his inaugural address, the new president instead focused on post pandemic, economic revival. ours was the fastest growing economy in us, ian, by ways now they did. i want to build on success that's already happening. we will be presenting the public with a comprehensive infrastructure plan. 6 years could be just about
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enough time. no part of our country will be neglected. ma, costs known as bumble won a clear victory thanks to a massive social media campaign. he succeeded in casting his father's era in a positive light, despite the murder and torture of those who opposed his government. the new market is inheriting a growing economy. the government expects to expand gdp up to 9 percent this year. but while the country may be emerging from its coven downturn, filipinos struggling amid rampant inflation. much like elsewhere, rising prices and energy shortages, a wreaking havoc, market vital challenges. the new president will be hard pressed to address that germany has seen a visible uptake in its latest jobless figures due to ukrainian refugees. many of them are registering as job seek as pushing germany's unemployment rate up by less
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than half a percentage point to 5.3 percent in june. countries, federal labor offices as the number of unemployed increased by a 133000 but across the u job markets are in a variety of states in croatia as an especial, especially strong need for workers. that's why that's partially why ukrainians are being well summer, their son and the see here on the coast of history are in croatia. the hospitality industry expect so record season this year. old tina columbia cova fled the war and ukraine. now she already has work as a waitress here, i guess bob, perfect people they ought to climb. they understand the situation then it will nice on that to me or from ukraine even they help us. even they see that i some seen her from god. arlena has been working here for a month,
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and she's already learned some correlation to very important for all of us who are from ukraine because the week air have an opportunity to walk into and money. and we are in, in. a pace who plays the hotel as welcome to ukrainian workers for years it's been struggling to find staff situation has dramatically changed so and is changing rapidly, especially now industry. the few reasons for that. for some people from crecia moved out to germany to ireland. ah, some people are definitely changed their probation sonia was forced to leave ukraine because of the war. she was the 1st to be housed here and carnita and helps other ukrainians look for work. a lot of people
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agreed do ever seem because don't want stay in there, hold them wilson in general hospital and of course need to do something and demand . meanwhile, shania has been hired as a refugee coordinator by the local authorities. senior doesn't plan on staying here . she wants to return to her family and ukraine, so croatia might have to find other solutions to fill it. skilled workers shortage . that's all from us. give us, ah, ah ah, is the end of the pandemic in site? we show what it could look like. will return to normal. and we visit
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those who are finding it difficult to success in our weekly coven. 19 special next on d. w. a fear of nuclear weapons is back 30 years after the end of the course. but not just since rush is attack on international experts have been warning for a long time. confrontation and how did with cold war in 45 minutes on? oh. if someone else to the t v highlights selected for you, you every week in your
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a box. subscribe now. i am going to go. yeah, here in iowa, sexual assault survivor, dentist and say the truth. her women in asia apathy is infeasible. nothing can stop me. that is out with women into starts july 6th. ah, ah ah, it's summer in europe, and people are spending a lot of time outdoors. few are worried about getting coven now. almost all of the health restrictions and safeguards have been lifted.
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