over the brags it agreement, which in particular affects northern ireland, a complex list of issues for trust, and her new cabinet. you're watching d. w news up next in business. so we take a look at, at the bow by the new prime minister in the u. k. las drugged put the british economy 1st on her priority list, or she can get all is news and information anytime you want on our website at d. w dot com. i'm terry martin from me and all of the team. thanks ruth vibrant ended, glistening place of morning. the mediterranean sea, its waters connect people of many cultures. seen it almost rock and to

far abdul karim drift along with exploring modern lifestyles and mediterranean youth. where has history left its traces. meeting people hearing their dreams, metty to me during this week on d. w. 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 show, not just the u. k. facing in energy crunch nations across the

e. you are trying to secure gas supply and 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 liz trusts has taken office. her 1st pledge is pm 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 base business, lead growth and investments. secondly, i will deal hands on with the energy crisis caused by payton's war. i will take action this week to deal with energy bills and to secure our future energy supply. and with those pledges and mindless trust has moved rapidly to appoint her 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. are desperate for support. lincolnshire in the east midlands of england. it's home to gary and natasha waterhouse. she has been needing 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 for making plans of which rooms we can hate. at the moment. i mean, it might be a case of just where blaring up and then of say, having blankets 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 4000. $100.00 euro's hundreds of thousands of brits don't know how they will be able to pay the difference. many 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 you going to get the money to buy the food? which way is it gonna go through dog or heating? i think is gonna be very hard for us. yeah. yeah. we try to live like people. the recent crisis has been hardest on the poor natasha and gary waterhouse have been supporting the conservative party. but they are disappointed. we flew up to a sinking abandon ship her. there's nobody at the home steering has in the, in the right direction, the squabbling monks themselves,

and they're not focusing on the true thing. that's the voters, the people of his country. people like natasha and gary who are unsure how to get through the coming winter. ringback ringback and for more on this, we spoke to analyst, susanna streeter asking her whether the on 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 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 essentials 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 meet 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 discretion reactions. however, remember that bills are likely only to be frozen at the current rate, which as their your porter pointed out is a red fall 1000 euros. 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, an energy prices is a 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 a 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 havoc 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 maya 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

are 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 safe gas to make it through the winter visitors to spain may feel warmer than before hours. public billings, like shopping malls, restaurants for towels 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 strike 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. volkswagen claims to invest in the strengthening of its production of electric cars and batteries and software electronic cigarette make and jewel lapses agreed to pay nearly $440000000.00 to settle an investigation. i 33 us states into the marketing of its fabian products. investigation found that jewel marketed it's e cigarettes to under age teens with

launch parties, product giveaways ads and social media posts. and as get more in this now with the ends 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 don't agree down 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 stake in jewel in 2018 for roughly $13000000000.00. the company back then was worth about $38000000000.00. so meaning a jewel was worth that much today. they have evaluation of roughly one and a half percent last year. the last, the last, the top spot when it came comes to the grid here in the united states against the

reynolds them. so i think definitely could be better for jewel. and there are also for all 3. 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 jewel them, 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 jewel might even be forced to file for bankruptcy of 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 york stock exchange. thank you very much. an oxygen a 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 invest 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 to want your contract 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 invalid. thank you very much for watching. i was in good shape. don't be afraid. for some. ready that's easier said than done fear can drive our thoughts and behaviors. so the question is,

what are the effects of fear and how do we overcome it in good shape? next on dw, goodbye neutrality. hello nato. finland wants to join the western military alliance . the association of reservists is in favor of the move conscientious objectors rejected. what are their reasons and how does the rest of the population view the end of neutrality close up? in 60 minutes on d, w ah, the landscape, a reflection of a turbulent history. the cities,

the mosaic of different people and languages. iran's mountains reveal unparalleled beauty. not as well. yeah. i saw the scenery is magnificent, but people are warm in our careers. exceptionally a special look at a special country. iran from above. start september 16th on d. w. a lack of social contact, fear of becoming infected, financial worries or grief over deceased to loved ones. more than 2 years of the coven 19 pandemic have had a tremendous impact on the mental health of people worldwide. according to the wells health organization, anxiety.