reminder of our top story at this, our former soviet leader, me how much have has died aged 91 with policies the produce free speech and reform within the communist bloc. gorbachev forged a new dialogue with the west that ultimately brought down the iron curtain and brought about german reunification update our state and for the business headlines with my colleague stephen beardsley. booth super. i'm just kinda, i think that tags and in the end is a me, you are not a lot of to you anymore. we will send you back. are you familiar with this? with the smudges with lions of the what's your story. ready

he wasn't, i was women, especially victims of violence in take part and send us your story. we are trying always to understand this new culture. so you are not the visitor, not the guests. you want to become a citizen in feel, migrants, your platform for reliable information. oh, so much for curbing demand us job openings tick upward yet again. that's feeling skepticism that the fed can bring inflation down without more drastic action will go to wall street for more. also on our show, it began as a student project a decade later, it's in commercial production. we'll take a look at

a special electric vehicle and uganda. hello, and welcome to the show. i'm seeing beardsley in berlin. the number of job openings in the us increased for the 1st time in 4 months in july assigned that overall demand has not been cooling as fast as officials their hope. the u. s. labor department reporting tuesday, there were 11200000 job openings on the last day of july. that's 200000 more than on the final day of june. and roughly 2 openings for every unemployed person in the country. u. s. central bankers have been raising interest rates and a bid to cool demand and curb rising prices. or let's go to our financial correspondent in new york. teddy austro teddy. i think we'll see him in just a moment. there is teddy business, are still looking for workers despite an economy that is cooling, which we read into these new figures. well, what they say is that we do have

a booming labor market despite the federal interest rate hikes, which have been affecting the economy affecting the housing markets as well as the tech sector, for example, which have rolled out a number of a lay offs, but it's as you said, we're looking at 2 jobs per worker here in the united states, and that is given workers the upper hand. it is easier for them to find jobs to negotiate higher wages where even seeing a number of workplaces try to unionize. now, why is this the case? at least it can be attributed in part, to a decreasing labor participation rate. that means less people are actually participating the labor market. in general, since 2020, a lot of people dropped out of the labor market and businesses have the struggling ever since, especially as pent up demand has unfolded here in 2022. that said, the fed has been wanting to see a reduction in these openings is a sign that it's rate hikes are working to, to, to cut demands. what can the u. s. really cut demand without increasing

unemployment itself? well, i would say it's not really required to have an uptick and unemployment, but it depends on the policy tool box that you have the fed for its part can high interest rates. now, what does that do? the fed chair jerome, how has indicated last week at his event, the jackson hole event that we are going to see a softening of the labor market. most likely that means an optic and unemployment. but if you believe that that is not what is driving the inflation given that wages have not actually kept up with inflation, then we are have to look to other toolboxes which may not rise unemployment look to the supply side issues, look through the corporate profits, which have widened and received a record breaking profits here in united states, which i've certainly exacerbated the inflation crisis here or at the us throw in new york. thank you very much. over to europe

now. recession concerns are growing in germany after the new inflation reading for august showed the 1st optic in 3 months. goods and services rose on average by 7.9 percent from a year earlier. that's according to the statistics office. and that matches the rate in may before the government passed a series of relief measures. economists have worn that inflation will run higher in the months ahead and could even reach double digits later this year. of fritzy corolla guy is chief economist at the german development bank, k f w. we asked her what kind of further measures the german government needs to take to cushion the impact of soaring costs? well, i think altogether we're expecting inflation to reach a point. 4 percent in germany this year on average, and with regards to of the energy prices that are still increasing and reaching and

consumer is still there, a lot of measures that are being discussed. and of course, the prices that actually will affect consumer is depend both on demand and supply factors. so of course, there's the question, how much can the band be lowered through simply the price signal and then also on the supply side, how quickly can gas you replaced or ration gas the replaced by a gas from other sources or also which i turn it is and what costs are available to the economy, particularly god, there with german state bank k, f, w, or rising inflation is affecting germany's most vulnerable and in ways that might not seem that obvious. for example, food banks are struggling with higher prices. they're also receiving fewer donations. it's morning and preparations at the see. low food bank are in full swing. in recent weeks, the busy period has been especially bustling employees expect the same today. a

delivery from a nearby supermarket has just arrived some slow, 5 strawberries, and 2 pots of herbs. but the delivery for the cielo food bank would have to be much larger than this to accommodate the increasing need buffy. 50th of what i see here now, i know that we can't meet today's demand. sabina horn is walking a tightrope, more people and more need all while seeing fewer goods is invisible and you can see here that we're struggling to survive. we don't know how much longer we can keep it up, that we will be able to help people, the city low to for long. it's just before 11 a. m and people are starting to line up. many issues are currently hitting every day people in their pocket books, many who had little before and now being hit the hardest by rising prices. so good and good morning. the 1st step is to draw lots each time. there's a new order for who can pick up food and at what time horn says the random drawings keep things spare before they implemented this method,

people would start lining up in front of the store at 3 a. m to get the best food to de customers include many new comers. the cielo food bank is not alone. nearly one 3rd of all food banks and germany have stopped accepting new customers due to the increase in demand. maria lee bish has been a food bank customer for years. she's unable to work and receives only a small pension. now because of high inflation, she covers almost all of her food needs through the food bank. she says she needs the assistance, leaving it over the mall with terms of the season. life goes on existing, staying alive, but it's already difficult. and i'm really glad that i have the guys and gals here . what if she wanted me to, to have a phone at the office looking at the blackboard? i would know, honestly, i'm not sure i could manage that in kingwood. at the same time in sabina horn's office, she's making an exception today. it's an emergency. this man is currently penniless,

with problems at the job center. horn wants to try to send him home with food today, somehow. and staying in germany, chatswood olaf shoulds on tuesday, emphasized his support for a gas pipeline linking the iberian peninsula to central europe. as berlin scrambles to reduce dependency on russia, or after talks with spanish prime minister pedro sanchez, the german leader said the proposed energy link running through portugal, spain and france would be vital in both the short and long terms. here's what the spanish prime minister had to say about the project. take, listen, it's been your study was top of that pain is prepared to use all its capacity. but i to help those countries that right now are suffering more from dependency on russia. on putin's energy blackmail, i could record that we have to remember that spain concentrates 30 percent of the re gus vacation capacities of the whole of european 30 percent for the most of the thirty's. and we cannot use them fully and completely because we have

a bottleneck with. so some of the other global business stories making headlines, frustrated international bondholders are pushing their own debt restructuring plan for the trouble chinese property developer ever grant. the financial times reporting that they want the company's chairman to pay for their liabilities out of his own fortune ever grant over $300000000000.00 around $20000000000.00 of it to foreign investors. you are solar panel manufacturer for solar, is planning to invest over a $1000000000.00 to boost production and build a new factory in the us. it's among the 1st major corporate investments announced after the signing of a new u. s. law that incentivizes certain renewable energy investments a to uganda, now where the government has invested over $50000000.00, an electric mobility, through a public car manufacturer, kiera motors corporation started as a student project. but 10 years later, it's begun commercial production with some pretty innovative designs. boarding

uganda's facility bus that jump under locally designed their foot in an sita for must a bunch of petition. when a full single judge, the kola bus can cover up to 300 kilometers in our for an average food to shift. we can no longer afford to wait for the future. and then we say all can now everyone else is producing electric, godless as a jump on board and produce we have to set now. so that by that time, that entire while is using on the electric cars. we are also playing in the same field as well. at least plant east of the copy to compiler, you going to has invested over $50000000.00 in state on kiera motors to start must production of electric vehicles including concept solar buses that can some arteneus li run as they charge batteries using energy from the sun yano the bit is

that we have as a mission is we are rule columbia equator and you will receive 8 hours consistently every every day. throughout there of sunshine. the enhancement of efficiency in that area is still an area that is being studied by so many researchers to see if even the technology we are using might be the right one to any boss to have maximized session of efficiency. more than 7 to pass into cars when you get in roads a 2nd had inputs widely blamed for pollution. the local to manufacturer is now testing the i breathe vehicle for private use as to extract that champ anger wants to drive our country into a future of clean air mobility. i would really love that. we have a cow in the road by 2025. that can allow me to drive an electric car in the next few years and reduce the impact of that into local mesh,

an agent on the environment. the, i believe we have vast technology that can be, it would change that game in uganda in africa. you're going to take its production of a 1000 vehicles annually, but experts see the country must also roll out to rely but changing infrastructure to keep the electric vehicles on the road. that's it for me and the business team you can find out more online at d, w dot com slash bit slash business raso on youtube under the dw news channel. i'm seeing beardsley, thanks for watching. a small accent can inspire big changes, meet the people making a possible go africa joined them as they set out to save the environment, learn from one another and, and work together for

a better future. ah, many thoughts do you all for choosing it to africa. next on d, w. i will not, shan, another generation or enough can stand afghanistan and the unforeseen dangers for america. why i am proud of military. i am christian. i am a 2nd amendment who's yes. and now supposedly out of the chair the war comes home in 45 minutes on d, w o. a is increasing every year in many im gonna working on lunch with holiday destinations drowning in plastic weiss,

we read wine and happy to look at the causes every year. europe exports over 1000000 tons of plastic with used there. another way, after all, the environment isn't to recyclable. make up your own mind. d. w. made for mines. ah, ah, with bringing producers and consumers together with innovative ideas in the food industry. we need to manage afford a risk possibly.