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tv   Business - News  Deutsche Welle  August 3, 2022 1:15am-1:31am CEST

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civilian residential area and it will for sure, take a few days to learn more details and to figure something out of what really happened in that area was that he has a reminder of our top story. you asked how speak and nancy pelosi has arrived in taiwan, marking the highest level of visit by a u. s. official. in 25 years. china has threatened to respond with military exercises of ty, one's coast. you're watching the w slide from from berlin. stick around all the latest business with robots is coming up next. making the headlines and what's behind them? dw news africa, the show that faculty issues shaping the continent. life is slowly getting back to normal. yeah. well,
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the streams to give you enough reports on the inside of our cars, funds is on the ground reporting from across the continent and all the trend stuff . the mazda u. t. w. news africa every friday on d. w degrees came out a saxophone operator who wrote her master's thesis on put potato railing to read. oh not but turn on. well, it gets more ridiculous from there. you don't you literal true list. truman street with ah, tensions rise as pelosi touches down the u. s. how speak is arrival in taiwan has investors worried about what will happen next? is china begins and military exercises off the island. b,
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p as the latest oil major to post a massive jump in profits will governments act with their citizens suffering soaring energy bills and ukrainian capital key. it was a, in the midst of a property boom. when russia invaded political, what's become of it's was truck, housing market, the city to be business on reports in berlin. welcome to the program tension arising between the 2 biggest economies. china had warned the u. s. against house the representative speak, and nancy pelosi is trip to tie one. but on tuesday, that's precisely where she landed. us markets began the day lower on anticipation of the trip, which beijing had promised to match with a show of military force. if you tie one as a breakaway chinese province and opposes international recognition of the government, the speak up hello see says her visit shows america's unwavering commitment to supporting tyrants,
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vibrant democracy. let's get law in this from our correspondent at for new york stock exchange, james sweeney. james exec worried a u. s. businesses about this rise intentions between china and the united states. there is indeed some concern from u. s. businesses about these escalating centers between the u. s. and china, mostly from u. s. businesses that obviously are doing business with china because they quite frankly, don't want to bite the hand that feeds them. but to quickly put your note to quickly answer this, put yourself in the shoes of the u. s. business owner, you're doing business with china and the leader of your government for the 1st time in 25 years, enters taiwan. and china has already said that it warns of this visit being extremely dangerous. you might be playing with fire. and if you're a company doing business with china here in the us, that's something that cannot be looking too good in your near term forecast. especially with policy saying that this trip is to this trip to taiwan, is to promote america's solidarity with taiwan. while also carrying while also
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needing to express the concerns of china's communist party. remember china is it sees taiwan as a break away province and had hopes the one they were unite with it. and even with the white house, oh billy, opposing any such trip. and president joe biden saying that the military assess of this trip is not a good idea. the trip has happened. so on paper, this is an interesting and a bit of a hostile situation. and so the u. s. businesses are definitely keeping an eye on. and the reason behind this visit is that you just pour forth our is kind of vague, isn't it? has the united states got somewhere in the back of his mind when it makes a gesture like this towards china, to towards taiwan at the showing of his own supply chains in the region? well, if you're asking you for, you should be keeping an eye on those supply chains. common sense, common sense would dictate that they should, that what's unknown at the u. s. is definitely doing it kind of broad, but you'd have to think that they'd at least have to be thinking about abuse. china is the topics quarter in the world, and the u. s. may have shipped
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a ton of soybeans something 14000000000 dollars last year. but china's exports to the united states $76000000000.00 in cell phones, $59000000000.00 in computers. it's a bit of a big difference there. china exports important here in the u. s. i'm seeing in new york for us. thank you very much. marketing energy prices are causing misery, thousands across europe and beyond. but for oil companies, it's a different story. the soaring cost of a barrel of crude means that posting enormous quarterly profits b p is actually the latest. and it's just that that has q 2 profits are over 3 times what they were a year ago. shell recently face to the 2nd 5 fold increase in profits. meanwhile, frances, total energy source profits more than double american majors. exxon mobil and chevron both almost quadruple that q to profit. so these gains came with an oil averaged price per bow of a $114.00. so i discuss this
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a bit further. i've been speaking to teary boss who's an ex, expert in energy at the art institute of political studies. i asked him if struggling bill payers had a right to be irritated by such big profits for oil facts. they can be repeated for 2 reasons and not on the, on the street, the high, but i think you have to remember that this is a rent seeking industry, so they are making my profit, but you're doing, copy them are making those profit. i think what makes people even more unhappy is the fact that fuel over to europe is going to increase massively. so this is the problem. this is a huge difference between those huge profit on one side and the fewer property that is going to increase my to be unfortunately in europe because of excrete high gas, electricity, and prices and sort of popular discontent. like that isn't good news for government . so are they going to fail and needs to act on these profits and then the sheer
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scale of them? yes, i mean, every government is willing to be reelected. so if you have people to be unhappy that type of playing solution. but again, i think we have to be smart in front of those questions here. i mean, the smart answer is what people are right. doing right now, i mean like governments are going right now. i to tax a profit in each member aid, or even in one of the tasks turnover. i think what we are seeing is we could look at the, in a road passing and environmentally friendly way and interesting enough, if you look at the refining spec, you're getting free refining to get 80 percent of that permit of your tuition for free and half of the time right now today we have huge profit to say who's a company where nowadays you don't have to go just to give you
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a good number of what is trick here at the amount of free. and i wanted that company to get you to that level is something like a 1000000 tons of free allowances to produce to me. and this is equivalent to something i think point 5000000000 euro. but yeah. so again, it could be done at the level, which i think will be much smaller and much more efficient because at the end of the day after the pro been in a process where we are stationed that in line with our climate target. so that's a long term vision for government to sort of take control of history, environmental. so if you, you think that's a better idea than, for example, a windfall tax that could have an impact right now. and the people would see immediately when i mean what i'm saying, i mean, clue back the 3 allowances overnight that possible. i mean,
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that's just one bit of and i think that's too much smarter than a wind tack. because remember, when you're seeing what the thing is, the tree which is producing a life. and then in this it shouldn't be done in germany. one problem because we do not produce on it yet, but it should be done in producing countries. saudi arabia, the us, are russia, and so therefore it doesn't have much. i me give the green light for those countries to increase. i think we should add your level, what is not green and therefore look at the to mission we have and yet trading. we just need to clear out or re analysis for the company. ok, tell your boss from c on spoke in paris. thank you very much for joining us on the w. fitness. are you crying capital? you've experienced a real estate boom in the years before russia's full scale invasion. that was high
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demand for new apartments and prices surged. and now the sector is practically frozen. keith skyline is full of new high rise buildings. a response to high demand. as more and more people moved here over the past decade, there simply weren't enough apartments. and the mentality in ukraine is by don't trent. but it's mainly the middle class that can afford to buy real estate prices in keith searched in recent years. but with the war can destruction and indiscriminate shelling. this building here was hit a few weeks ago. these brand new buildings are now only worth about half of their pre war value. they are located in hostile, which used to be a growing neighborhood in the outskirts of keith. but it's been heavily shelled. most people have left footsteps. lucas on the rancor. everything is brand new here
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almost wide. a bit of work was done. i finished right before the war engine timor, luke golf, put his 2 bedroom apartment in house, jamal, for 120000 euros last year with financial support from his mother and relatives. due to the war timor lost his job. as a sales manager, he needs money, but his apartment is not only worth about 70000 euros. on my whole toilet long people are only ready to buy an apartment. if the price is, for example, 40 percent laura, compared to pre war prices, mine sure. it's in limbo, vena for the year says you have to sell your home to solve all your other problems, but you don't want to do it because the price is incredibly low and on. the sco millions face this dilemma, the longer team or weights, the more to price, relax you dropped through that. he says the war shattered many dreams. some ukrainians invested in construction projects that unknown hold. it's unclear when
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or if they will be finished. since may, it is possible to buy real estate again and to make a real bargain, but people have mixed feelings about the market. yet, i think that it is not a good idea to buy an apartment because the situation is unstable in ukraine. if you have savings, i would buy an apartment because soon we will win and the prices will go up. i don't know if a video e as in elizabeth, buying also feels risky, as it's unclear if the apartment will be still intact, wants to war is over. irina roman ankle is in the real estate sector. her advised to owners. rabbi chic uh. you need to wait, wait until there is victory because prices will go up again. if you're not forced by circumstances to sell for 50 percent less than what it's worth and you should better wait a lot that you gotta. but nobody knows when the war will end for people liked he
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more, it's becoming increasingly difficult to hold on to his old life. he's old assets. if he wants to survive in my little business story with falling for you, this hour pensions arising between the 2 biggest economies. china had warned the u . s. against house of representatives speak at nancy for lacy's trip to taiwan. but on tuesday, as precisely where she landed us markets began the day lower on anticipation of the trip, which beijing had promised to match the show of military force myself in the business team, hearing berlin from ody, head over to our website theater. we dot com slash business on the data. we use youtube channel till next time. i go to try facts in most parts of the world, or at least a form of the year you're experiencing some with there's plenty of sea
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water, but desalination is energy intensive and expensive of berlin based start up shows us it doesn't have to be this way global 3000 the next on d. w. is it just a sanctioned loophole? or is it heralding a new era? explores new trade route. because western ports are close to russian freighter is the route from st. petersburg to mean by is now much faster. is the war and ukraine, a game changer for world trade? me in germany, in 60 minutes on the d. w. o, when you become a pre climate. oh,
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really know who's welcome to talk with him about a paralyzed entire societies computers that out sure. you and governments that go crazy for your data. we explain how these technologies work, how they can go in for, and that's how they can also go terribly. watch it now on youtube. ah ah, welcome to global 3000 new life in the step.

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