tv Business - News Deutsche Welle October 7, 2022 1:15am-1:31am CEST
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happening about her own illegal abortion. that age 23 was turned into a gripping thriller. skitta. welcome to the film wanted a thomas prize at the venice film festival. l. no has said, it's the novelist's work to tell the truth, for telling her truth about womanhood and the working class. she's now the 17th female author named and nobel laureate, in literature. that's all for now, but stay tuned because rob watts is up next with d w business. looking at the american response to opec plus is decision to slash boil output that coming out very soon. thanks for meeting with hold. people in trucks injured when trying to flee the city center. more and more refugees are being turned away. families on the reason for the credit on it is we load it
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administrative people fleeing screen dreams. are of getting 200 people in june around the world. more than 300000000 people are seeking refuge. yes, the wine because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, could the u. s. a set up its own opec. the white house says its considering its options after the oil cocktail slashed output for the coming months. blue cross to our correspondent in the states. u. s. ban on russian seafood could have given us
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fishermen a stronger hold on that domestic market. but has that proven to be the case? and kim kardashian this vote and foul of financial regulators for promoting a crypto currency. we'll look at the secretive world of star endorse. this is data, be a business on robots in berlin. welcome to the program. all options are on the table that spin their response from the white house following opec pluses decision to slash oil output. the $2000000.00 barrels per day cut in production comes at a bad time for the biden administration with us food prices, fuel prices even set to rise just ahead of mid term elections. russia also stands to gain from the decision at a time when western allies are trying to squeeze it's oil income over its invasion of ukraine. to let's get more on this from our correspondence at the new york stock exchange teddy australia, teddy,
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when the euro says all options are on the table. what do they mean? well, there's some ambiguity around those options right now we don't know the specific trying to resist the influence of opec, but i'll give you a couple people are talking about 1st, which is probably the most realistic is releasing more oil from the strategic petroleum reserve as a sub the united states has already done releasing more oil onto the global markets to try to bring prices down. another one is trying to coax us oil to produce more oil. now that might pose difficulties because of the lack of investment in recent years and the lack of spare capacity. now the one, lots of people are talking about perhaps most severe is an export ban of oil. this would mean that oil stays here in the united states. pushing prices down, but of course this would be very difficult for the rest of the world suffering from an energy crisis and highly dependent on exports of usaa oil. now be a big coal,
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wouldn't it? how much is the domestic politics playing into the white house response? hey, it is joe biden. have half an eye on those mid term elections? well, i'd say he may be, has both eyes on the mid term elections. the pressure is really on right now. there are expectations that republicans could take the senate, could take the house of representatives, which would be quite catastrophic for the democratic president. now, how does oil tie into all of this? well, inflation, polls say is the number one issue for voters, for american voters? gasoline, of course, is on the list of those products, america's car country, people depend on gasoline to their cars rather. so yes, biden may have to consider this very deeply moving. it's november. okay to the australia, the new york stock exchange for us. thank you very much. now u. s. ban on sea food imports from russia for invasion of ukraine was supposed to
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sap billions of dollars from vladimir putin's war machine. it also when the u. s. fisherman expected a major competitor to disappear from the market, but that's not how it's working out. sammons season has begun in southern alaska, fish and seafood are the state's 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 and as a team the man, this is great is so the whole world is hungry in this town. purvey lot of food for a lot of different states. lot of different countries through for the last 5 years,
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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 disappear 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. i'm not clearly labeled. and i think that one of the things that we know we need all pay attention to cory lusher works in the crabbing industry in alaska, a market in which russia was also a major player or perhaps still is fortunately, 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
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labeling when it comes into, into our markets. and so russian crab can go to places like china, primarily china, and they cook it, and they, they process that some of it may be illegally caught and, and then it's sent back into our market. and so without country country of origin labeling, there is no way to trace that back to russia. but alaska's initial optimism over sanctions against russia is waiting now till. and there is deep disappointment in the fishing industry because the russian products remain in the market. though, hidden from view now let's take a look at some of the other global business stories making the news. a french court has knocked more than 700000000 euros of a fine and post on apple after it lost an antitrust case in 2020. the initial fine was a record 1100000000 euros. the tech giant says it plans to appeal having to pay the
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remaining $370000000.00. german factory orders fell again in august after a short rest by the previous month. the latest numbers show a drop of 2.4 percent as industrial clients and consumers. both foreign and domestic ordered less. the full is fueling fears, germany is entering a recession. ratings agency fitch has lowered the outlook for its u. k. credit rating to negative. analysts say prime minister list trust is plans, tax cuts will cause a huge budget deficit. and also factoring and inflation. and the sinking poll numbers for the governing, conservative party no reality. tv star kim kardashian is certainly used to being in the headlines, but this time they're costing her money and a whole lot of it. she's been ordered to pay a $1300000.00 fine to the u. s. securities and exchange commission all
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for an instagram post. the stock is worth $1800000000.00 had advertised a crypto currency called e max tokens, while failing to disco, disclose what she got paid for it. she's not the only celebrity to be fine for pushing crypto back in 2020 actor steven seagal have to pay over $300000.00 for a similar stump. promoting bitcoin to gen digital assets. you are spokes of floyd, may weather and music produce a d. j colored also on this list in 2018. they were both fined for promoting investments in sentra, another crypto currency company. so for more on this be better to attend to that entertainment journalist k j matthews in los angeles. great. have you on the program, k, j, y, do, celebrities, i think it's a pleasure what, why do they seem so keen to get involved with crypto currencies? well, you know, i think the question better question is why are they keen to get involved? anything that they get paid for may not actually be buying the product themselves.
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crypto currency has been all the rage for a few years now. so as you just notice, d j can lead, ah, baxter, off lloyd may, whether steven seagal, all of them have taken money from even that damon ah, and larry david, the actor have had touted it themselves. i think the reason why is because it's easy, you know, these crypto companies are willing to shell out. i mean like they do with kemper dash in a quarter of a $1000000.00. and what star likes to turn down money. i don't think any hollywood would want to turn down money, so it seemed easy for them. and they've been doing it for a while. and i think the s c c is saying, you know, when it comes to crypto cur, see, particularly here in united states. it's almost like the wild, wild west, and so there has to be some type of regulation. if you're going to be promoting any type of stock or something similar to a stock, or when it comes to specific crypto currency. so she thing all the better off to staying away from crypto currency saying is it is so unreliable as an investment in
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either a business program. we. let's talk about investments but, but also because it's just starting to look a little shady yet, you know, it's surprising that specific crypto currency that kim carr dash and promote it last year. i believe that was, it actually has gone down in value since then. so a lot of people are starting to question i whether this is a good investment, but here's what i'll say. i think that because of them going after kim carr dash and she's got more than 331000000 followers on instagram. she's in the top 10 in terms of people to follow on instagram. so she makes a lot of money. she has a lot of different businesses. and i think a lot of other celebrities and other influencers who are not, celebrities are saying, wo i think that what the fcc is doing is using her as example. now you're going to see celebrity, say ok, how do i make sure that i don't run a file of the law?
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her biggest problem was not that she didn't advertise it. remember kim cardiac sheehan did use hash tag ad on her post last year. the problem, the s t c, which is the securities and exchange commission here in the u. s. is saying she didn't tell people that she made more than a quarter of a $1000000.00. that was a problem. so it's not only disclosing that it's an ad, but also disclosing it specifically how much money you're making in certain circumstances is the problem. and i think moving forward, more celebrities will make sure that they're not running a follow that for sure. okay, we don't have a lot of time just briefly, a quarter of a $1000000.00 for this post. is that typical? no. it's actually very low. and i'm glad you asked that question. normally someone like kim carr dash she is good. i know we love her. kim, cardiac she is not low for mere mortals like you and i it's high. but for kim hardy actually yes, she usually is somewhere between maybe between 400600000. because remember she has
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more than 331000000 instagram followers. so it wasn't a low in, but you know, maybe common cardiac is saying if they're going to pay me a quarter of a 1000000, who am i to turn it down? but yes, it definitely was on the the low in for someone like kim carr dash, you also taken mind that kim car? yeah. she doesn't have the most followers out of the care dashing plan. it's highly hardy, actually, and i think has more like 370000000 followers a moment about these were actually out of time to really enjoy speaking to you. thank you so much for coming on the park. thank you. latso from our show until next time with into the conflict zone. no sooner had president putin, amex, for regions in ukraine. the news troops were forced to flee from a key city, and one of them for humiliation wasn't lost on russian commanders. i guess this
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week from care of you who are sharp, crack deputy head of the presidential administration, as you craig back to the suit and into a corner where he might use his nuclear conflict zone. next tray on d, w to the point of strong opinions, clear positions, international perspectives. protests in iran are gaining momentum, lead initially by women and girls, crime women, life liberty. they are now drawing thousands on to the streets. iran rises up, can be toppled. find out on to the to the point with d. w. a
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ended the listening place of the mediterranean sea. it's waters connect people of many cultures. seen it almost rock and to far abdul karim drift along with boring, modern lifestyles and mediterranean, where has history left? its traces, reading people, hearing their dreams. editorial during this week on d, w. the no sooner had president putin, amex for regions in ukraine and his troops were forced to flee from a key city in one of them and russian tank defences were breached in another. the humiliation wasn't lost on russian commanders with the chechen warlord rams and deer of calling for moscow.
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