on to dominate the tie break, he will next face either nick gears or karen shower, a condo in descent means. well, that's all for me, but stay tuned up. next is business news with daniel winter. and don't forget, you can always get all the latest news on our website. it's tito dot com. and of course we're on twitter, youtube as well. i'm here until the new berlin. thanks for joining us. with will you become a criminal to pre climb aol already knows with hackers and paralyzing the tire societies. computers that out some are 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 new to stay up to date. don't miss our highlights. the d w program online. d, w dot com highlights ah, britain's new prime minister is putting the economy at the top of her agenda. but with the poorest consumers facing the choice of heating or eating can she help before the winter starts to bite? also on the shower? not just the you k stated in energy crunch nations across the you are trying to

secure gas supply, protect the most vulnerable from high prices. we'll hear from a course. it's that time again dw business, welcome. britain's prime minister list trust has taken office. her 1st pledge as p . m, to tackle the looming economic crisis facing the united kingdom. here's what she had to say. i have a bold plan to grow the economy, 3 tax cuts and reform. i will cut taxes to reward hard work and based business, lead growth and investment. secondly, i will deal hands on with the energy crisis caused by putin's war. i will take action this week to deal with energy bills and to secure all future energy supply. and with those pledges and mindless trust has moved rapidly to a point. a cabinet, including the new finance minister, quasi quoting,

will be responsible for putting together an interim budget to shore up the case finances as it faces down the cost of living crisis. after all, average families in the u. k. on desperate for support linked, i'm sure. in the east midland of england. it's home to gary and natasha waterhouse . she has been eating around the clock here since a cancer treatment. he has quit his job as a cabbie to provide gary shows us their utility bills. their costs have recently gone up from $36.00 to more than $200.00 euros per month, making plans of which rooms we can hate at the moment. i mean, it might be a case of just where of layering arc and then of say having van kits around to keep warm on august 20 sakes, gary found out how much more his cost of living could go up. that's when the government set a limit for energy providers. previously,

they could not charge more than $2300.00 euros per average household. now, the limit has been up to 4100 euros. hundreds of thousands of brits don't know how they will be able to pay the difference. many are already depending on food banks to get by is very, very fearful because you're just thinking about how you're going to get the money to keep warm. how are you going to get the money to buy the food? which why is it gonna go through dog or heating? i think is gonna be very hard for us. yeah. yeah. we try to live clark people. the recent crisis has been hardest on the poor. natasha and gary waterhouse have been supporting the conservative party, but they are disappointed throughout the sinking abandon ship her. there's nobody at the helm sternness in the right direction. the scorpion monks

themselves, and they're not focusing on the thing that's approaches. but people in this country, people like that touch on gary, unsure how to get so the coming winter. ringback and for more on this, we spoke to analyst, susanna streeter asking her whether the hon at higher energy costs mean consumers are holding on to their cash, so they can afford energy this winter. absolutely, and we're already seeing this, we've got the latest her index from the british retail consortium. it's snapshot shows that was many shoppers had been doing is not actually buying essentially like school uniforms, so much that they had done in previous years. instead, they're ring fencing budget and they're spending on things like neat where to keep them warm during the winter and also energy devices such as air rise, which are likely to use less energy at during the winter months to be turning off

their cookers. and using these instead of calls that they can afford to make these purchases. so we're already saying this change in behavior. now interestingly, today we tell stalks have risen at the likes of next, which is the major clothing platform and sportswear company, j. d. sports. there is an expectation that energy bills will be frozen and that could give consumers a bit more wiggle room when it comes to being able to afford more discretionary items. however, remember that bills are likely only to be frozen at the current rate, which as their your porter pointed out to the red, $4000.00 euro. so already bills going to be sky high. so it is very difficult spending decisions will still have to be made course, it's not just the u. k. facing down a rapidly rising cost of living brought on by the leap and energy prices. the story

playing out across europe with each country working out a different strategy to combat the crisis. our correspondence in germany, france, italy, and spain can tell us more. the german government has agreed on its biggest relief package yet for citizens and companies facing the pain of soaring energy prices. after tough overnight negotiations on the weekend, the coalition partners decided to help vulnerable groups, including pensioners, students and people receiving social welfare support. as well as energy companies that depend on expensive imported fuel. the $65000000000.00 euro price tag will be paid in part by a new tax on windfall profits being reaped by other energy firms that depend on cheaper fuels such as cole. and meanwhile, the tireless energy diplomacy of germany's economics and climate minister, robert ha, beck has succeeded in partially weaning this country off of russian natural gas.

paris has now increased a fuel subsidy by $0.12 to $0.30 per liter. it has also kept electricity, price increases, but resident, my car has already warned that the end of abundance is near and that energy prices will eventually rise. according to polls, the french are willing to reduce their energy consumption, as long as the government continues to help them financially. business and unions are calling for the government to do more, even as 52000000000 euros have already been budgeted to soften the impact. the outgoing government of prime minister maria druggie is expected to call on the public to turn the heating down by one degree and to turn it off for an extra are every day. but his italians go to the pools on september 25th. the different

political parties i expected to call for a cap on gas prices. i did the european level or domestically with others pushing for nuclear power or tapping further into local gas resources. clearly, this is going to be on top of the agenda for any new government. spain is taking part in a you wide efforts to safeguards to make it through the winter visitors to spain may feel warmer than before hours. public billings, like shopping malls, restaurants, hotels, or even airports are not allowed to cool there in the spaces below 27 degrees and contrast the autumn and winter heating of these areas is not allowed above 19 degrees centigrade. furthermore, elimination of public buildings, even shop windows, has to be switched off after 10 pm to ease the burden off its citizens. the

government just decided to lower the tags on gas. well now let's take a look at some of the other global business stories making news. a union representative of tons of pilots is called off a 2 day stripe. after a last minute agreement with germany's biggest airline, the cockpit union said the 2 sides agreed on the basis of a comprehensive package of monetary and structural issues. a walk out last week for the cancellation of hundreds of flights. and germany's volkswagen is preparing a partial public offering of its porsha brant planned for later this year. the listing is expected to bring in billions that volkswagen claims to invest in the strengthening of its production of electric cars and batteries and software electronic cigarette make. and jewel labs as agreed to pay nearly $440000000.00 to settle an investigation. i 33 us states into the marketing of its fabian products.

investigation found that job market it. it's a cigarettes to under age teens with launch parties, product, giveaways ads and social media posts. and as get more in this now with the 1st quarter in new york. yes. shares in altria jewels, parent company slid to day and you think settling this year's long case would be a weight off their shoulders, but it seems investors not agree now down here and still there is a lot of uncertainty remaining and more than $400000000.00 is still a lot of money and if you look at altria, they bought a 35 percent take in jewel in 2018 for roughly $13000000000.00 company back then was worth about $38000000000.00. so meaning jewel was worth that much today. they have a value of roughly one and a half percent last year. they lost their last the top spot when it came to the grid through in the united states against the reynolds them. so i think definitely

could be better for jewel and therefore also for all trail. so this is a serious case. where does jewel go next? well, that is a big question because so there actually 1000 more laws, you would so running against the jewels, including 9 other states here in the united states. then also, this summer we had the food and drug administration, actually ordering a jewel to pull the product from the us market. there is an appeal running and i'm not saying that it's likely, but it is possible that maybe june might even be forced to file for bankruptcy protection. so there is still a lot going on for the company looking at all right, so tough times ahead for julians quarter on the new exchange. thank you very much. i'm actually gonna stay on the new york stock exchange. ukrainian president

vladimir zalinski has paid a visit to that well, virtually at least he rang the opening bell and urged business leaders to win best hundreds of billions of dollars in ukraine. war torn country is aiming to rebuild infrastructure strength and natural national defense and exploit its natural resources of your children and the want of your country. and you're up to date with d. w business. if you want more, check us out. on the dw news youtube channel from me and the business team here in berlin. thank you very much for watching. parched soil. as far as the i can see in east africa, millions of people are suffering from famine and drought. in their desperation,

farmers are slaughtering their weekend animals. if it does not rain soon, their livelihood will be lost forever. global 3000 on dw la, building houses from air vapor real. what sounds like a joke at birth, a canadian started up, wants to make reality soon. find out how they came up with this idea, how it works, and how it will help the environment in made in germany. in 60 minutes on d, w. o. in. and the listening place of longing,

the mediterranean it's waters connect people of many cultures seen of almost rock. and to far abdul karim drift along with exploring modern lifestyles and mediterranean, where it has history left its traces, meeting people, hearing their dreams. i determined you journey. this week on d w ah ah, welcome to global 3000 deadly racket. widespread noise pollution is calming marine life.