tv Business - News Deutsche Welle October 13, 2022 5:15am-5:31am CEST
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and damn rushes illegal annexations a for occupied regions in you print $143.00 countries supported the resolution and only 5 opposed it. 35 nations upstate, including china and india. now vladimir putin office to restart gas deliveries through the damage node stream pipeline. ben facility and has the details on business after a short break. and of course, there's more news at the top of the hour and more on our website as well. d, w dot com, told me on medical for myself and the team. thanks for joining us. a lot say we'll credit you for
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now has no lemme in love is for everybody. love is live, love matters. and that's my new podcast. i'm abilene shire, mom, and i really think we need to talk about all the topics that new divide and deny that. and this i have invited many a year and well known gas. and i would like to invite you to an end a winter is coming. europe's energy crisis is heating up, and the blame game continues between russia and the u. i. we all going to have to rug up in the coming weeks of months here in europe. can argentina come to the rescue? energy rich nation says it's open to
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a business to all science in this increasingly polarized world, and is a time to treat temp staff fairly. a proposal by the biden administration could add millions of geek workers to company tables and denvers. all that. 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 putin's offer. with russia is ready to start such deliberates 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 the faucet and that's it. we do not limit any one in any teacher. and we are ready to supply additional 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 euro. so you want to finally undermine and finish off the political subjectivity of europe. other words, recon its industrial potential and sees the market us levy to your promotionally but myself, but he bought a radical gum or even corolla clay is a global energy analyst and chief executive officer of the consultants he crystal energy. she joins us from london. is this all 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 a big plus for it's cut off $2000000.00 barrels a day. and then by itself put additional pressure on prices or 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 reduce pressure from governments in the european union on russia. at the moment. that's not going to happen. so will 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 to, 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 will 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 russia 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 show. 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 can't tell his slashing production. white
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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. see who 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 glacier is one of the most important fresh water reserves in the world. it's mount water flows into the santa cruz river. are precisely this point, a chinese companies building to hydro electric power plants, the company. good job, ha, one, the contract, an auction beating out rivals from france, spain, russia, and china itself. water is one of argentine is most coveted natural resources. environmental activists are on high alert. i. e, i, you know, media, i know,
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i think was i not that i, people look at natural resources as natural assets that 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, water, 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, ga, ga. glad are the argentina, chinese chamber of commerce says it's not an argentine as interest to get involved in confrontations between the western russia or between the u. s. and china, when it comes to selling raw materials on the hill poly, got it jesse to,
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i'm talking about geo politics institution, the defense or security. just about trade. we have 2 sectors that complement each other in energy in europe and food and agriculture. in the asia pacific region element, teacher senior actually got the u. s. government is also encouraging american companies to invest and for us firms to export argentinian energy, food, and lithium to the rest of the world. china's interests are different. according to alejandro diaz, executive director of the u. s. chamber of commerce in argentina. it must get on until you leave you. we see that very clearly would lithia china has a comprehensive plan but it doesn't differentiate between the government and private companies and in the us it is different. we are, the american government is interested as long as it serve the interests of american industry. amador sanchez rico. the basset or to argentina
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also differentiates between the giant potential customers, aren't enough for this. it will chill our city and had a lot to offer right now and feed in the world and the mos in europe, p and unions. investment model is different from a chinese model if it, if we're building what we want to create and what we've done. so far to create connections not dependency, you know they've been den yes. from the lithium salt flats of northern argentina to the glace years 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. he's headed for recession. according to the federal economy minister, the g. d. p of europe's largest economy is said to contract 0.4 percent next year. the government says inflation will hit 7 percent. the forecast comes as germany
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tackles rising energy prices and disruptions in supplies. international monetary 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 a recession will be less severe than expected, due to high oil exports and domestic demand. u. s. chip bank, intel is planning to count thousands of jobs. as the p. c. market flows down. the console 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 was batted by the use. all of them falling at least 10 said the rules
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would force employers to give geek workers more benefits and legal protections. it could have wide ranging impacts on company profits, wages and what the quality of life a corresponded. teddy austro 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 tim, what his rather walburn. these businesses really do depend on 2 things. the 1st being huge amounts of venture capital and the 2nd big, 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 ride share workers who make $620.00 an hour that's less than the minimum wage. now this rule has its intended effect. we would see
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labor costs shoot up by as much as $20.00 or 30 percent, which could be quite unsustainable for companies like goober, 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? oh, this proposal will actually coming to force 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 that goes into effect as they have in the past and spent large amounts of money on laws are valid measures as in california to the straight for us at the new york. so exchange thanks for bringing us up to date. and i'm bent priscilla. thank you very much. your company, be nice doing business with enter the conflict zone. the war in ukraine has raised political attentions throughout europe, but relatively between cost of our in brussels. officials have told both sides to cool rhetoric and warn cost of over without an agreement to normalize relations
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with belgrade. the time for joining the e. u is running out my guess this week from christina. does alban caught a prime minister of course of the conflict zone next on d w. one of mankind's oldest ambitions could be within reach or what is it really is possible to reverse aging researchers and scientists all over the world are in a race against time more life in 45 minutes, d w with
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i think everything jenny inc fair, some are a big i'm listening so much different culture between here and there. so challenge for everything. ah, and some is this. i think it was worth it for me to come to germany. shop my got my license to work as a swimming instructor here. dish and now i teach children who don't stick with what's your story? share it on in so migrants dot net ah, the war in ukraine has raised political tensions throughout europe, but notably between kosovo and serbia in brussels. officials have told both sides to cool their rhetoric and one cost of other without an agreement to normalize relations with belgrade. the time for joining the e u is running out.
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