ah, and here is a reminder of our top stories this our show, lincoln's president has fell to public pressure and resign. protesters celebrated after parliament received the letter of resignation from go to bio, roger ga. the w. news lied from berlin. stay too good. he w business needs up. next i will see you tomorrow with every journey is full of surprises. we've gone all out. you've used them to him one day in the footsteps of the great hall, and i'm in your northernmost count to please ah, 3 times long. but still very much alive, dw channels,

you'll guy to the special with recognizes where exactly it was fun and i have learned a lot of our culture history. all their d. w, travel extremely worth a visit. mm. ah, the e u slashes its growth forecasts. amid rising inflation. can member countries walk the tight rope of low growth and rising prices all while war rages and nearby ukraine? also on the show, a new tax law in hungary has people protesting in the streets. small business owners say the new measures could push them into poverty or out of the country altogether. and we'll have you taking a 2nd look at your table condiments a dutch researcher finds a way to store was, will heat, insult. ah, hello,

and welcome back to the w business. i'm christy plaza in berlin. inflation will weigh on european output next year. more than was previously expected, the commission lowered its growth forecasts on thursday by almost a full percentage point. brussels is now predicting g d p growth of 1.5 percent next year, down from a spring estimate of 2.3 percent. now behind the change is higher than expected consumer price growth. use says inflation driven by storing energy costs. as a consequence of the warn ukraine will be considerably considerably higher than expected this year and next. well, earlier we spoke to maria de merit sees of the brutal institute in brussels. she said the recent settling of commodities prices could be helpful to your opinions facing higher energy and food food prices, especially as the summer continues. but energy demand have to go down. there are some very tough decisions that need to be made in the next winter. how are we going

to meet on energy demands? and the one thing we do know is that we will not make the winter without necessarily reducing the demand for energy. so all of us, all consumers will and, and of course, the industry has to make an effort to reduce demand for the moment. we are subsidizing the cars households in terms of financing energy bills. this is course important as you may, as you may understand for the product of your households. but it also means that we are not reducing demand. we need to very quickly change policy attack here we need to find ways of subsidizing those and actually reduces demand for energy. because if we don't do that, we will not meet the energy demands. very tough times ahead, but it's absolutely essential that the politicians now communicate to the public that without an important effort to reduce energy demands, we will not make it through the winter. after years of complaints, u. s. tech giant amazon has offered a settlement in response to charges made by the use competition authority. the

world's largest online retailer promised to stop using non public cellar data for its own retail business. a thursday statement from e regulator said, the offer is a huge step for the us based behemoth. who for years denied accusations that it unfairly uses the mountains of data parked on its platform. regulators will now seek feedback on the concessions from amazon rivals. now amazon said that while they disagreed with several conclusions that the european commission made, they worked with the body to quote, address their concerns. well, for the u. s. business perspective, unless let's bring in yann's corta at the new york stock exchange. now, yes, who is going to get more out of such a settlement, amazon, or the european commission? well, i mean, christy, 1st of all, clearly we have to wait for the response from the european union. so let's say they take this offer from amazon to

a certain degree that already does mark and shift because so far, amazon has pretty much all the time. rejected any arguments from the european union when it comes to the treatment of merge. and for amazon, theoretically, they could avoid fine, so that would be positive for amazon. but as i said, it can take a couple of time until this comes and then basically what amazon, what else to do with be ahead of time. because at some point in the near future and amazon probably anyhow, what if it changed their policy? they're about, as i said, so they're trying to avoid those fine too, if the you agree. so that could be applied positive for amazon. right? yeah, we're talking about those policy changes getting ahead of them. we know that the european union plan to address other accusations against amazon with the digital markets act, which is supposed to go into a 4th next year. tell me

r u. s. tech giant, worried about this regulation here. christine yodi is say take j n. so it's, it's against amazon. it's against google. it's about meta, it's a couple of companies. so where the european union is aiming at that mean there is the saying america innovative and of the european union a regulate so, but that actually does not have to be such a bet. and things so detect giants are not shaking in their boots at this point, but in general, there was a so called brussels effect. so all this regulation that is coming mostly from the european union often gets adopted on a global basis. and that also can be a positive for the tech giants because they would have a clear environment where they can act and where they know what to do and what and not to do. so therefore, it does not necessarily have to be a bad thing. but when this digital marketing comes, i believe in about 2 years still we probably might see some legal fighting between

detect shines and regulators, yann's court. i innovating for us out of new york. thank you. inflation is heading the hungarian government hard, especially its budget. now the right wing government is using its parliamentary super majority to pass a law aimed at drumming up tax revenues. but the idea is not popular with everybody . a large crowds gather in front of the parliament building in budapest, many of them owners of small businesses. there infuriated by the government's new tax measures, scrapping a popular scheme that let's freelancers a small businesses and contractors pay a low fly tax rate law dabble, get this. affording me if i remained an entrepreneur, i would start each month with about $600.00 euros. i'll not stay one, i'll go on to the black market and will work without registering my activity and pay for the minimal social security. or i'll grabbed my suitcase and go to the

nearest normal country. and probably many people will do the same yet again. was like negotiable as we'll get them into an estimated half a 1000000 workers fall into this tax bracket ah, sitting in the years again. but many people are affected by this. many people are being pushed into poverty. if people don't stand up for themselves, if they don't come out to protest, then the government can feed anything to us. anyone, nicky, the bad and you can i get dead like we're already thinking we can't let this happen . all i thought you might as them sabbath, hide me, the government here worries about losing revenue as inflation sores. but freelancers and small businesses are determined to show their power in numbers by now to some of the other global business stories. making this airline giant emirates on thursday rejected demands by london heathrow airport to cut flight

capacity despite being friend with a lawsuit this week. london's busiest airport asked airlines to stop sewing summer tickets to try and limit the number of daily passengers 210-0000 were its says it intends to continue its daily flights to london. what thousands of users across the world were unable to access social media platform. twitter earlier on thursday, more than 50000 people reported the outage. this comes the days after twitter sued, tesla ceo, ellen musk for violating a deal to buy the company. after a nearly 3 hour outage, the company said, it's website, an app. we're back on line. russia and ukraine are close to finalizing a deal on how to get ukrainian grain out of the country's ports and into the global market. that's according to un secretary general tonia gutierrez, after talks between the 2 countries were held in turkey. he asked for its ships to be allowed to pass safely through so called rain corridors. now netflix is partner partnering with microsoft to build its new cheaper ad supported subscription plan.

the streaming giant was long opposed to running commercials, but hopes lowering the subscription cost will help it regain some of the 600000 users it last last quarter. while as we mentioned earlier, soaring prices are giving europe more incentive than ever to be as efficient as possible with energy. a new innovation in the netherlands could add another piece to the puzzle, storing residual heat and salt. take a look. there are 2 ingredients, water and a secret type of table salt. play a big role in this chemistry lesson. both salt and water are the key to an amazingly simple energy storage technology. lab hasn't been sick on. so the reaction of water mixing with sold generates sheet. so what am it's so warm that you can even touch it? what's important is that i've stored energy into sold without any losses. laugh which i can now retrieve by adding water on the energy we've icloud. com it took 12

years of research, discover this effect, physicists, olaf, adon spent a long time experimenting to make his raw material salt react efficiently in the south, though to have it in the salt. here in the system is in a large container with the small compartments through which error can flow. jorge openness. the air is moist or dry, depending on whether you want to generate or store heat. in factories and industrial plants like this one at the port of rotterdam, there's a lot of unused residual heat which could be captured and stored in at on soft battery. for example, though, the will have this, the amount of residual heat we have is enormous. we're talking about a lot of heat that just merely escapes the environment. i'd like him on top of that . the sources of these heat are so well distributed across the country. they could

power nearby cds despite the bout. okay. family is the salt battery, the future of energy storage. the prototype is in the final testing phase. the european union is supporting the pilot project with 7000000 euros. a don things half of all dutch households could use the residual heat in the fall. the 1st houses in eindhoven will be connected and heated with salt batteries. only then will we see if this really is a hot new technology. we've covered it extensively, us consumers are facing soaring prices of food, housing, and fuel in new york. they can now channel some of their frustration by quite literally eating the rich, the eat, the rich ice cream truck is offering, popsicles, shaped like the faces of billionaires bill gates, ellen mosque, jeff bezos, and even ali baba's jack mall with names like gobble, gates, bite bezos, and munch musk customers seem to like the idea, but even taking

a bite out of capitalism comes at a price. the popsicles cost a whopping $10.00 apiece. well, that's all we've got for me and the whole business team here in berlin. thank you for watching. with blue, the water came at night last summer, a terrible flood devastated the oro valley little was left standing. what does the region look like today? ah, and how a residence dealing with the focus on europe next on d. w. ah,

the pandemic in sight. ah, we show what it could look like. will return to normal and we visit those. we're finding it difficult with successes or soon, you know, we're weekly coping 19 special in 60 minutes on d w. o. oh, i go, mike speaking, how can this passion hatred of the people be explained? a gold con go a history of anti semitism is a history of stigmatization and exclusion of religious and political power struggles. it's a history of slender, of hatred and violence,

or even 77 years after the holocaust hatred towards jews is still pervasive. a history that you semitism this week on d. w. ah . this is focus on europe. i'm labriola. thanks for your company. it was a catastrophe of epic proportions, the flooding that ripped through western germany last summer. no one saw it coming until it was too late. rivers including the r, burst their banks, and destroyed virtually everything in their path. dozens of villages were inundated .