tv Business - News Deutsche Welle August 3, 2022 5:15am-5:31am CEST
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sizes off high one coast he watching the w news live from berlin. you can find much more on our website that is d w dot com for all the latest news analysis and video, both on social media as well. you can check us out at dw news on twitter, facebook and instagram. i'm really mohammed spencer watching, take care of people and trucks injured when trying to flee the city center. more and more refugees are being turned away at the border. families playing phone tags in syria to these
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credit with people lean extreme around getting 200 people from the agency around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind to w. made for mines. ah, 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 against military exercises? off the island. b. p is the latest oil major to post a massive jump in profit,
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spoke 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 work. what's become of its war struck housing market? the city to be business on robots in berlin. welcome to the program. tensions arising between the 2 biggest economies, china had warned the u. s. against house of representatives speak at nancy pelosi trip to ty 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, they're speaking hello, see? says her visit shows america's unwavering commitment to supporting tyrants, vibrant democracy. let's get more in this from our correspondent at for new york
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stock exchange, james sweeney. james, excited worried a us businesses about this rise intentions between china and the united states. there is indeed some concern from us businesses about these escalating tensions between the u. s. and china, mostly from us 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 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 policies saying that this trip is to this trip to taiwan is to promote america solidarity with taiwan while also carrying while also needing to
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express the concerns of china's communist party. remember, china is, is it sees tie one as a break away province. and that hopes the one they would unite with it, and even with the white house, openly 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 it, 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, 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, same common sense would dictate that they should, that what's unknown at the u. s. is definitely doing it kind of broad, but you 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 a ton of soybean something. 14000000000 dollars last year,
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with 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 reco shall 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 you 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 company, they were making those profit. i think what makes people even more unhappy is the fact that your team 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 not to be unfortunately in europe because of st. high gas electricity prices and sort of popular discontent. like that isn't good news for government. so they're going to fail and needs to act on these profits and then the
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sheer scale of them. yes, i mean every government is willing to be reelected. so if you have to be unhappy, that type of thing 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, what governments are doing right now. i to tax a profit in each member aid, or even in one of the task turnover. i think what we are seeing is we could look at the, in a road passing an environmentally friendly way. an interesting enough to, to look at the refining effects. you're getting free refining to get 80 percent of that permit of your 2 emission for free and half of the time right now today we do huge profit to see who's a company where nowadays you don't have to, you don't go just to give you
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a good number of what a trick here, the amount of those companies do get you to that level is something like a 1000000 of free allowances to produce to emission. and this is equivalent to something like 6500000000 euro, but yeah. so again, it could be done that you level, which i think will be much smaller and much more efficient because at the end of the, the pro been in a process where we have station that in line with our private target. so that's a long term vision. for government to sort of take control of this through environmental stuff you, you think that's a better idea than, for example, a wind full tax that could have an impact, you know right now and the people would see immediately when i mean what i'm saying . i mean, clue back the free allowances overnight that possible. i mean, it just one bit of creation and i think that's much smarter than
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when we talk. because remember, when you think 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, or russia. and so therefore it doesn't have much. i me give the green light for those countries to increase the fact that i think we should at your level, what is not green and therefore look at the fuel to mission. we have and yet trading system. we just need to close out or re analysis for the company. ok, tell your boss from sounds po in paris. thank you very much for joining us on the w business. ukraine capital. you've experienced a real estate boom in the years before russia's full scale invasion. that was high demand for new apartments and prices surged. and now the sector is practically
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frozen. keith skyline is full of new high rise building a response to high demand. as more and more people moved here over the past decade, there's 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 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 for the pollutants on the rancor. everything is brand new here almost wide,
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a bit of work was done. i finished right before the war engine team or luke gulf 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 lower compared to pre or prices mine. sure. it's in lived orvin for the yes 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 will likely drop through the he says the war shattered many dreams. some ukrainians invested in construction projects that unknown hold. it's
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unclear when 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. yes, if you have savings, i would buy an apartment because soon we will win and the prices will go up. i don't have a u. e, it's n. elizabeth. buying also feels risky, as it's unclear if the apartment will be still intact once the war is over. irina roman ankle is in the real estate sector. her advised 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 way. but a lot that you gotta, but nobody knows when the war will end for people act, he more,
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it's becoming increasingly difficult to hold on to his old life. he's old assets if he wants to survive. now my little business story with falling for you, this, our 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. um and the business team here in berlin, from ody, head over to our website theda we dot com slash business on the data, we use youtube channel till next time. we go for cash natural cooling without losing the environment. and with the sophisticated design, jefferson, our new tech zera alba, t t has been focusing on green and affordable housing. and
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so whether the harsh desert climate, pico africa next t w, his father was an anonymous, pam dyna, whose identity was a well kept secret in. but very stevens didn't give up. after a long search, he found his father and match some of his $600.00 hosted links. now he's on a quest to end van dyna anonymity. the wells biggest family in 45 minutes on d w. ah, let's be honest. summer break just doesn't really mean
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