reminder, all the top story we're following for you. more than 30 people, most of them children have been killed in an attack on a day care center. and ne and thailand police say the gunman was a former policeman. he reportedly killed his wife and child in the attack before turning his weapon on himself. that's it from me and the news team don't go away. up next. business with chris kolber with more details about the opec decision to limit oil output and economic repercussions of that gap office in berlin. i'll be back with more news at the top of the our thanks with with several did in light when extremist aggressive began. well mommy and company late

and burned in south africa, people with disabilities more likely to lose their jobs. independence make black lives matter. shine a spotlight on racially motivated beliefs, same sex marriage is being legalized in more and more countries. discrimination and inequality are part of everyday life. for many we ask why? because life is diversity. to make up your own mind. d. w. lead for mines ah, another blow to global energy supplies, the oil producing cartel opec plus is reducing output by $2000000.00 barrels a day. but markets take the cut and stride. we'll find out why. also the in the

power house we pro makes employees return to the office for at least 3 days. during the week. we'll take a closer look at in the us post pandemic work reality and a us band on russian sea food could have given us fishermen a stronger presence on their domestic market. but things turned out differently than they thought. i'm chris kolber walked into the program. all the prices have stabilized after spiking briefly on the news that opec all producing countries and our allies had agreed to slash their output over the coming months at a meeting in vienna. plus, which also includes russia, decided to reduce production by $2000000.00 barrels per day. the move and to support oil prices, which are followed by 30 percent and do yourself. and joe biden says he's disappointed by the decision which he called. short sighted right, i saw more about this with christopher haynes. he is an energy market analyst with

energy aspects in london. welcome to the w, christopher crude prices john yesterday, but appear pretty steady today. your escrow crewed trading around $87.70 for barrel. currently. why is there not much more of a reaction to such a drastic cut in production? i think, you know, a lot of this was messaged fairly well. earlier this week you started to hear leaks about what opec might do. and i think we got a bit more at that price then at the moment, but i still think you have a lot of micro worries right now over the market about the outlook for growth and particularly in a rising interest rate environment. and to be honest, that's one of the main reasons why i decision, christopher, in broad terms, explain to us, what does this cut an output mean for the world economy? yeah, so you know, ultimately it's about

a 1000000 barrels per day coming out of the global supply. so that will make your supply demand balances tycer. and we do think in the end of this year that should lead to high oil prices and particularly next year, because we're going to have a lot of disruption around, you know, the, you embark on russian oil from, from december. so if we don't have that additional supply in the market from opec, we will see the balance is going forward. so that's going to be a net negative really got higher prices for consumers just because it's going to cost people more in a, in a time where we're already being strained with, with other costs due to the high inflation. that was amendment christopher, a price cap proposed and apparently agreed on by the you on russian oil. what will that mean?

so right now, i mean, the use already going to ban russian oil. so for you members, it doesn't really make a difference. i believe that some of the members such as hungry and some of the other countries that receive oil on pipeline from russia have already got exemption . so that oil cap. so the most important thing is really if anyone else in the world is interested in joining and for now. interesting, very limited because countries like china, india seem to be, you know, buying the oil painting. they're also worried about economic growth that was worried about that was inflation on their populations which are bigger than parts of europe and north america. so i think the cap is there, it will be challenging to see how this without and there's still a lot of unknowns and a lot of inconsistencies and how that's going to work. so in

a way we, we might need to see what happens. and i think that's how the market pricing it right now. christopher haines, from energy aspects. thank you for your thoughts and keep now to some of the other business stories making news around the world. german factory orders are down again for august, for a short rebound to the previous month. latest numbers for a drop of 2.4 percent as industrial clients and consumers. both foreign and domestic have ordered less, but we can numbers are raising new fears. germany could be headed into a recession. to us, financial investors are out of the proposed take over of twitter by l on musk. apollo global management, and 6 free partners were committed to invest $1000000000.00. part of a $7000000000.00 3rd party equity package. but musk indicated they there are no longer talks ratings agency fits has lower the outlook for its credit rating for britain to negative. the alice say that prime minister lose trust this plan tax,

but would lead to a significant increase in fiscal deficits. they're also factoring in the inflation and thinking poll numbers for the governing, conservative party german chance, all of shoals in spanish prime minister and the spanish fine. mr. have vowed to build a gas pipeline that would connect portuguese and spanish ports with central europe . the 2 leaders met in northern spain. the pipeline would pass through france, which so far as resisted the project, calling it unnecessary of india's texture. and we pro is asking staff to come into the office 3 days a week. they say working from home as leading to a loss of productivity. the firm recently fired $300.00 employees after discovering they were working for competitors while still logging hours for we pro. they're not the 1st firm to ask staff to return to work place. other indian companies have made

similar requests. let's get more there, sir. from dw corresponding toro car to k and delhi charo. last month we pro fired 300 of its employees because they were working for other companies on the side. how much does this new policy have to do with that? well, it, chris, her own repro hasn't really mentioned or, or none of the surveys indicate that these 2 developments are related. but there is, of course, a link. however, this is not just one of the problems. moonlighting is not just one of the problems are ever since the effects of the occurred wave of the been mimic in india ever since the, the defects relapse or it was. his dozer effects went down a lot of fur industries. a lot of sectors, lot of companies across sectors have been trying to get that employees back on board in a hybrid model. of course, not in a full fledged work from office kind of model. but it's, it's, it's, it's still a long way to go. what had happened was that

a lot of employees had been working in metropolitan cities and state capitols, big cities like gillian, bombay. during the pandemic, they had gone back to their home towns which were quite far away from the bigger cities. so that has also been a problem and a lot of sectors are struggling to get their employees back to office. chris. oh, let's say or a with we pray for a 2nd. why is the company of not asking it staff to return to their office is completely well, chris, i think herb deck could be because her service there have been a couple of so please about this return this great return as it is being called. and these surveys indicate that id sector is the sector that is struggling the most it is lagging behind all sectors as far as return to office is concerned in telecom and in consultancy in allied sectors. this return to a more employees have returned to office in the hybrid mode. dandy have in the 80 sector id, companies are really struggling to get back,

or their people are back to the offices and because of which they're having to resort to new a started use one of them being a lot of id companies, a lot of among the big for audit companies. also they are opening newer offices in smaller towns like jeff or lake coin to like and above to lower people, to be able to visit offices physically twice or thrice. a week. that could be one of the reasons why companies like people are avoiding asking people to resume office full time. sotera is that fair to say then that this policy model of at least working some days in the week from the actual office? is this the standard model now or for large parts of the indian i t sector chris? yes, it's certainly standard, but it's also evolving, for example, industry body of the 80 sector nasa. com. recently said that or we need to evolve new strategies. we need to evolve

a new way to work. a nascar said that moonlighting is also not a problem or so long as there's transparency between the employees and the employer . so companies and employees need more ways to talk to each other to understand how the situation is evolving. how when, when would they like to come back to office? how much time would they like to spend from home or work from home? and i'll also insure, insure productivity. so the situation is an evolving and company's board gump employees as well as employees. they're still trying to find out ways that would work for bought. chris who correspond charge card came deli charo. thank you. a u. s. ban on sea food imports from russia over its invasion of ukraine was supposed to sap a billions of dollars from vladimir put his war machine. it also meant that u. s. fishermen expected an unwelcome because often cheaper competitor to disappear from their mean market. so they thought, dw is currently not 2 more reports. salmon season has begun and southern alaska,

fish and seafood are the states main commodities. the vast majority is sold domestically until recently, many products also came from russia, an unsavory competitor in the domestic market. but there is new optimism in the fishing village of cordova. the fishing industry these great this year. and i hope the prices come in better, you know, is, is a good market, good fishing in as a team. that man, this is great is so the whole we're always hungry and this town purvey lot of food for a lot of different states. lot of different countries for the last 5 years, the company, 60 north, has specialized in wild salmon. the company mainly serves the us market. russian producers were an unwelcome competitor because they could offer much cheaper prices

. 60 north couldn't compete. now things look better, but one problem is that russian products haven't completely disappeared from the market yet. we have a lot of product that is banned from russia, but yet they have an inlet where they can go produce and china and then bring it in that way too. and it's somewhat confusing not clearly labeled. and i think that one of the things that we need all pay attention to corey lusher works in the crabbing industry in alaska, a market in which russia was also a major player, or perhaps still is fortunate. i've leisure says russia is circumventing sanctions . it comes through other other countries and it's then processed in other countries and it's not required to have labeling when it comes into, into our markets. and so russian crime can go to places like china, primarily china, and they cook it, and they, they processed that some of it may be

a legally caught and, and then it's sent back into our market. and so without country country of origin labeling. and there's no way to trace that back to russia. but alaska's initial optimism over sanctions against russia is waiting now to. and there is deep disappointment in the fishing industry because russian products remain in the market, though hidden from view. and that's a shout. thanks for watching. i'm chris kolber in berlin. every self a successful day. ah he co india. the 0 waste free is as robust is concrete and consist of trash. boundary dust is the main recycled material away. ready product from muscle production,

which is usually dumped into nature, mixed in a bit of plastic waste and it's done eco, ah, next on d w. a she's got it is we thought they were great evil with people with our cities accruing. but as new buildings rising to the sky, so to do emissions.