tv Business - News Deutsche Welle October 7, 2022 3:45pm-4:01pm CEST
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and we'll go to mexico where drug cartels are fighting for control of the food business. and it's distribution jane. i'm for cobra. welcome to the program. european leaders have come together in the check capital, prague for the inaugural european political community forum. a meeting where you member states, turkey, britain and other countries have come together to discuss how they can boost to security and economic prosperity. today, the 27 e leaders and attendance are gathering separately for an informal you council meeting. a key topic on the agenda is how to deal with the current energy crisis. several countries have enacted relief packages to help ease the burden on taxpayers . now these packages vary and cost. let's take a look at some of them. now. spain's relief package will cost 27000000000 euros francis package. $45000000000.00 euros and italy will hand out
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a total amount of $50000000000.00 euros. germany's package will cost more than the previous $3.00 combined. the reef package will cost taxpayers 200000000000 euros. it does include a one time payment of $300.00 euros and a cap on gas prices for consumers and businesses. well, for more, let's bring in our correspondent nina asa, who has been following the meeting in praga nina. critics say this german aid package would distort the e u market. is that the overwhelming opinion among leaders in prague as well? i know it's not. i mean, this criticism is definitely being voiced here in prague, especially from eastern european countries or the polish prime minister, for example, said that it was unfair, and that the air, germany can't dictate energy policy either. so he's having a good go at had germany at the moment. but them, other than that,
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germany argues that other countries are doing similar things as well. austria is on its 3rd financial aid package and you have to keep in mind that of course, those up to 200000000000 euros. they are going to be spent over a period of 3 years. and you rules do allow these things to happen because there is no e u mechanism if you will. the gemini is not acting against the roles. but now the left, of course, germany is a very big player. it is the euro zones, most important country. and most important economy, so anything that germany does economically when it comes to financial aid in particular, of course, is being watched very closely. and there is a chance that a e u countries are taking a possibly dangerous q, were from germany, because financial experts are warning that the debt funded aid package could open the door for less fiscally prudent countries to want to borrow large amounts of money. and then potentially leading to trouble like we've seen in the u. k. well,
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of course, every european country at the moment is dealing with the full out from the pandemic, with all the consequences of the lack of energy supplies on the world market and rising energy prices as a consequence. and so of course, everybody is concerned about am angry citizens as well. we don't know how to pay their gas bills or their energy bills. and so people are looking into options of how to get prices down, how to increase also supply of energy, etc. and then you have to also look at how companies are being affected. so that german financial aid package, for example, that doesn't just target consumers. it also targets small and medium sized businesses. because of course, there is a big fear that at the moment the crisis is so big that some companies might just not survive because of those high energy prices. but then your officials argue we do have
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a fund that's already available and where the full potential hasn't been tapped yet . that is the fund that was created last year, up to 750000000000 euros worth of money was being put into that fund by anglo michael. the den chancellor and the french president monroe, my call, and that potential there are still 100 or billions of euros that are still available. so no need to take extra loans. nina, briefly, if you, if you're good, why is germany supporting a gas price cap on a domestic level, but is opposing it on an e u level while germany is very concerned about energy security and it argues that so far it hasn't been presented with a model whereby european european countries wouldn't manage to bring gas prices down without the suppliers of gas, not turning away to other buyers that of pay
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a higher price. so that is the big topic that is on the agenda here today. how do you get energy prices down? how can european countries, why together as a buyer on the international market, so that price is eventually come down a little bit? how do you cooperate also with countries like japan and korea that are facing similar problems also with high energy prices. and that is definitely being discussed, very controversial. i wouldn't say that germany is completely against it, but it hasn't seen a convincing model yet. d w 's nina has in prague. nina, thank and now to some of the other global business stories making news. pepsi has ordered 100 electric commercial trucks from tesla. the vehicles are advertised with a range of 800 kilometers delivery of the 1st one is expected in december. according to tesla, shares of us canada growers, and sellers surged after us. president biden pardon thousands of simple possession and asked, states to follow suit, chose greater exception of the drug,
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which is already legal in parts of the united states. and better business opportunities for related products. samsung is warning of a 32 percent lied and profits as demand for electronic devices and memory chips shrinking. the same situation for us to ship maker am deep will also warned of a profit drivers. people cut back on purchasing as the cost of living right. a french court has not more than 700000000 euros of a fine impose on apple after had lost an anti trust case in 2020. the initial find was the record 1100000000 euros. a tech giant says it plans to appeal having to pay the remaining 370000000 euro good g fendy louis tall luxury is a world of its own. and one that's usually crisis proof. the richest of the rich keep spending even when times are tough for everybody else but not in china right now.
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the economic crisis there is changing shopping behavior, even among the most high brow of the korean tell sheep metal shelving products scattered across a simple table. this is a 2nd hand store, but not like the one in your neighborhood where you can buy worn out suits from 10 years ago. no. here at there's the shelves are stacked with the most expensive names and fashion designer brands like louisville, tall and amiss, and fendy, choppers here, look for expensive stuff on the cheap shelving. we don't see the, i'm a corporate slave. i have to definitely spend last this year, but i still like what i like and i can't help myself because i need to buy it. so i think this kind of 2nd hand shopping is particularly good, mainly because there lot of products here. and if i like an item like i would just get it straight away, she will not give you despite at global economic slowdown,
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devastating coverage shut downs and uncertainty about the near future. some still need an expensive look, even if they can't pay full price anymore. others, of course, are scaling down who needs good? she. when is stuck at home? to the far, why do you want me to go home yellow? sure. she economic slowdown has had some positive effects on our industry, especially on the consign or side when the economy slowed down, they were thinking maybe why not sell the luxury goods that are sitting idle at home boy, sound archway, why not? we're about i this in should ojo luxury that goods notch way to show my and so sir has become a marketplace for those who need to sell their once expensive accessories to get some much needed cash. and those who still need the luxury fixed but can't quite afford what they used to pay china. $74000000000.00 luxury good sector is changing
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. analysts expect the 2nd hand luxury market to put drupal by 2025, growing to $30000000000.00. between june and august, 11 people working in chicken farming or selling the meat were killed in chill con single. the capital of the mexican state of guerrero. cartels are fighting for control of the food business and its distribution. james, the cartels intimidate or kill those who don't comply with their terms. this i'll in the central market in chile been single, was the site of the murder of a poultry trader in early june. 3 days later, another person was killed a week after that gunman shot dead, 5 farmer cars and a child. the violence triggered a 2 week closure of old chicken stores in the city. prices also rose sharply.
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as yet wip, we're gay. we had to close and because the price of chicken was so high that we couldn't sell it any more, we'll thought they offered it to us at a very high price and little wendy. and we decided not to open because there was no profit for us. any more in this email, then i am already working in louisiana, but i was under the killing of the chicken sellers known here as poor arrows, stems from the cartel, struggle to control the city and its economic resources. and that leads to price increases. the president of the local chamber of commerce is one of the few who dares to address the violence. 8 years ago he was the victim of an attack. dozens of shots were fired at his car, killing his daughter in law abbey out. when there was a dispute between criminal group slaves, they have a monopoly on the distribution of chicken, the beef and pork solution. they like out of it, they are the ones who distribute these products exclusively. a yours is from here, missy. miss williams,
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group. sellers here say that the last flacco is cartel has also infiltrated to tomato market and raised prices. in walla, another municipality, and good at a separate armed group has decreased the price of corn tortillas, reportedly to support families. the cartels fragmentation has led to a diversification of illegal activities and an expansion into food production and sales. they have killed 11 people over chicken meat. apart from the fact that they were very expensive. you couldn't get chickens here because of what was happening. there was just no chicken available place here. for example, we used to get one chicken breast for 90 pesos, and now it costs a 110 of them picking him up in general. the in the cartels are clearly moving beyond drugs and moving into daily mexican life. and finally, some positive news. new head gear, powered by artificial intelligence,
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is helping firefighters that are navigate, smoke filled fire seats. the smart helmet allows them to essentially see through smoke and detect victims more quickly. that is because it's mounted with thermal cameras, radar and sensors. the helmet is the 1st project designed at a new 25000000 euros state of the art facility in scotland. and that social thanks for watching with with
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ah, ico india the not only a popular delicacy. they also play a key role ecosystem. the seed cucumber. in the roman at up for a district more and more punctures are going after them. forced wage officers are doing their best to protect e to india. he minutes on d. w. sometimes a seed is all you need to allow big ideas to grow. we're bringing environmental conservation to life with learning packs like global ideas. we will show you
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how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing, download it now for free, lee or eternal dynamite. and the pillar of sticks and society. a symbol of arbitrary rule crucial tool in the struggle for justice taxes the right to levy taxes and the obligation to pay them both inherent in the sovereignty of the nation states and their citizens. but what happens when the power of taxation is undermined? a tax on top of the tax on top of the tax that does draw that broke the camel's bank. i've been rambling forever. thinking to myself, when is it all going to come crashing down
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your pay won't pay. taxation and politics starts october 21st on d, w. ah ah, this is dw news lived from berlin. you leaders struggle to agree on a price cap on natural gas. they're debasing measures to tackle europe to energy crisis at the summit in prague and we will bring you that press conference live. also coming up the nobel peace prize.
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