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tv   Business - News  Deutsche Welle  October 12, 2022 11:15pm-11:31pm CEST

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a group of high press, all french actors. the musicians have joined campaigners by posting a video themselves, cutting their hair, a symbolic sacrifice in support of the rain and women. you actually w news. my colleague been facility is up, next would dw business new stick around. he will be right with god sh her again that i want. that's hard and in the end is a me, you are not allowed to see you anymore. we will send you back. are you familiar
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with this? with the smugglers with lions of beef. what's your story. ready he wasn't, i was women, especially victims of violence in a lot of them take part and send us your story. the chain always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in full migrants, your platform for reliable information. oh, winter is coming, europe's energy crisis is heating up and the blame game continues between bratia and the e. u. i. we all going to have to rug up in the coming weeks and months here in europe. can argentina come to the rescue?
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rich nation says it's open to a business to all science in this increasingly polarized world. and it's a time to treat temp staff fairly. a proposal by the biden administration could add millions of geek workers to company payroll and benefits old and let's do business . the theatrics continue on the world stage. russian president vladimir putin has offered to resume gas supplies to europe, through north stream to germany, suspended the project with russia before it could go into operation days before the kremlin invasion of ukraine. and since then, russia has turned off north stream one, the largest pipeline to europe. both were recently attacked. speaking at an energy for him in moscow on wednesday potent said he could still send gas through an intact section of the 2nd pipeline. despite leaks, germany has rejected the offer saying russia is no longer a reliable energy supplier. let's listen into potions offer. little russia is ready to start such deliveries enough that the ball is on the side of the european union
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. if they want, they just have to turn on to for set and that's it. we do not limit anyone in, in a teacher, and we are ready to supply addition of wadhams in the autumn winter period. dr. seas and who is behind the sabotage at north street. you know, obviously those who seek to finally break the ties between russia and the european union even if you want to finally undermine and finish off the political subjectivity of europe. and edward recon its industrial potential and seized the market us levy to your promotionally but not so. but he bought radical gum or even thorough. la clay is a global energy analyst and chief executive officer of a consultancy crystal energy. she joins us from london. is this old just another distraction from the horrors of putin's war in you cry? i'm not quite sure the destruction is the right word, but definitely it's an attempt to shift the blame of high energy prices on europe. but the irony is said to why president puts in talks about governments in european
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union being responsible for the high energy prices. he praises of big plus for it's cut off $2000000.00 barrels a day. and then by itself put additional pressure on prices on prices. so i can easily see contradiction here, but definitely present, put in is trying to win support was in the you in terms of allowing more gas to flow into the european union and use pressure from government in the european union on russia. at the moment though, that's not going to happen. so we'll europe get through the winter without russian gas. it's going to be a tough winter for you, especially if it's going to be a cold winter. but it doesn't mean that europe does not have any way out. they do have arthritis, they don't come cheap and some don't come in favor of the climate agenda. so i don't think europe is going to freeze like russia is telling us, but it will come at a high economic price. is ross, or on the other hand,
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going to find enough customers for its gas elsewhere. not immediately that will take a while, because russia relies usually on pipeline gas for, for most of its gas trade, and that pipeline infrastructure is primarily concentrated in europe. so russia really is not keen on using the european market. they can divert some of their gas to asia, but that would be at a slower pace is going to take a while to compensate for the loss of the european market. so the, and i think for us it's also a big loss of a very good customer. that is european union, crystal energy chief executive. carol, thank you very much for being on the shore. thank you. the united states is reevaluating its relationship with saudi arabia after opec plus announced oil costs last week. as we heard the saudi led cartel, his flashing production,
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white house officials say that'll help another member of the group, russia to pat it's coffers with its war in ukraine. nearing 8 months, you read says the decision to comp production was based on the market, united c o seller, argentina, on the other hand, is open to business with any one and every one it to is battling high inflation like all of us. but it's also got a lot to offer from energy to food supplies and minerals for the tech sector. the prieto moreno glazier is one of the most important fresh water reserves in the world. it's melt water flows into the santa cruz river. a precisely this point, a chinese companies building to hydro electric power plants, the company, good job, ha, one, the contract, an, an auction beating out rivals from france, spain, russia, and china itself. water is one of argentina's most coveted natural resources. environmental activists are on high alert. i. e, i, you know, media, i know,
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i know i go to find out that i, people look at natural resources as natural assets, a can be exploited until there's nothing left yet that would i, comprehending that development needs to be sustainable in then kindergarten. these others is entirely to some companies come here to plunder the resources given in us . i get in the midst of the global energy food and climate crises. argentina has much to offer oil from the fracking formation of vacuum, werta, solar and wind power, as well as hydrogen renewable energy. add to that grain meas, and even lithium for electric batteries. whether it's china, europe, or the us, all the big economic powers are looking towards argentina. diego, gwinnett, our of the argentine, a chinese chamber of commerce says it's not an argentine as interest to get involved and confrontations between the western russia or between the u. s. and china, when it comes to selling raw materials, they're lando,
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he'll police do yet. they h as easy to show now talking about geo politics, institutions defense or security versus just about trade mediocrity. we have 2 sectors that compliment each other and energy in europe and on food and agriculture . in the asia pacific region element, the cio, saint lou, occupancy bugle. the u. s. government is also encouraging american companies to invest, and for us firms to exports argentinian energy, food, and lithium to the rest of the world. china's interests are different. according to alejandro diaz, executive director of the us chamber of commerce in argentina. been. they must get on until you elite you. we see that very clearly would lithia l. china has a comprehensive plan which doesn't differentiate between the government and private companies and does it in the u. s. it is different. we have the american government is interested as long as it serve the interests of american industry, and he got amador sanchez rico, the
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e u ambassador to argentina. also differentiates between the giant potential customers at antenna. give the hit will chill argentina has a lot to offer. right now could be heating and feeding the world. and the mo, the la european union's investment model is different from say, a chinese model that is able to have what we're building, what we want to create. and what we've done so far, how to create connections not dependency dependent. yes. from the lithium salt flats of northern argentina to the glaciers of santa cruz in the south. it's a delicate balancing act to find ways to boost trade without destroying the environment. now to some of the other global business stories making use, the german economy is headed for recession. according to the federal economy minister, the g. d. p of europe's largest economy is set to contract 0.4 percent next year. the government says inflation will hit 7 percent. the forecast comes as germany tackles rising energy prices and disruptions in supplies. international monetary
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funds says the russian economy has contracted less than expected. according to moscow, inflation has slowed and employment is high. with the i m f, confirming that few saying the recession will be less severe than expected, due to high oil exports and domestic demand. u. s. chipmunk, an intel is planning to count thousands of jobs. as the p. c. market flows down, the cost will likely impact the marketing and sales side of the business. in july, intel had over a 113000 employees, the chip maker is struggling from covered restrictions in it's key market of china and supply chain. the u. s. government is proposing you rules to classify gig work as, as employees. it has big implications for right hailing and delivery companies that rely on independent contract. it's chattanooga, lift and door dash will batted by the use. all of them falling at least 10 said the
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rules would force employers to give gate workers more benefits and legal protections. it could have wide ranging impacts on company profits, wages, and was the quality of life a corresponded teddy australia joins us from bull street. what's this going to mean for companies like who but it's still there in empires on these take with his 10 what his rather walburn. these businesses really do depend on 2 things. the 1st being huge amounts of venture capital and the 2nd being the classification of their workers, or perhaps the misclassification of their workers as independent contractors rather than employees. now this allows them to cut labor costs by denying them certain benefits, such as minimum wage. we actually just saw a recent study of california, right? chair workers who make $620.00 an hour that's less than the minimum wage. now if
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this rule has its intended effect, we would see labor costs shoot up by as much as $20.00 or 30 percent, which could be quite unsustainable for companies like uber, which have struggled to crack a profit in the 1st place. so there's a certainly alisa step towards victory for many workers and workers groups and potentially a loss for many of these companies. like all of the share economy, that it's not really about sharing around the profits. is it tell us whether or not this rule though, or this proposal will actually coming to falls? and if it will actually stick? why say it's a hard, maybe we're in somewhat of a legislative or a legal game of chess right now. this rule would really turn us back to 2019, before the trump administration. impose the rule that really raised the bar for the classification of workers as employees, but even in 2019, this was certainly a ramp and issue. the department of labor believes that 30 percent of employers or
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miss classifying the workers. this is millions of workers being affected. so what we're looking at is a battle ground in which many of these companies will likely try to challenge this rule once it goes into effect. as they have in the past and spent large amounts of money on laws or ballot measures as in california, straight for us at the new york. so exchange, thanks for bringing us up to date. and i've been priscilla. thank you very much. your company. be nice doing business with a legal dumping, destruction of livelihoods and indigenous tribe in brazil. fighting for the right to exist, the land of cody bona is legally protected. but the state does little to curtail
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illegal loggers and trespassers. now the cody puna are suing the government, global 3000. next on d, w, a change for solutions, the energy crisis. can we can gas rescue euro? how much energy can heat pumps actually save in private home? and can we cut transportation costs due to band is banking on a ton of trains made in germany in 60 minutes w o a is increasing every year in many im gonna watching on lunch with me why fairly
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holiday destinations drowning in plastic white wine and take a look at the causal every year of the exports over 1000000 tons of plastic with. is there another way after all the environment isn't to recyclable? make up your own mind. d. w. made for minds. ah, ah ah. in an effort to say she, i tell needs we humans are exploiting all.

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