tv Business - News Deutsche Welle October 22, 2022 1:15am-1:30am CEST
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maloney will be sworn in on saturday, paving the way for a new era of italian politics in uncertain times. you're watching d. w and is live from berlin. stick around though, because coming up next is latest business with my colleague, kate, assistant with people in trucks injured when trying to flee the city center. more and more refugees are being turned away as the border. families play on the tags in syria. to be honest with people fleeing extreme ground ross getting 200 people from the agency around the world. more than 300000000 people are seeking refuge. yes.
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why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, a radically reduced workforce and a potential national security review reports about how twitter might look under ilan must have left investors feeling jittery. we'll get analysis from our financial correspondent in new york. or the coming of germany is chancellor offshore defense aplomb deal that would see chinese investment in the course of hamburg. and as winter approaches, germany is speeding up construction of a liquefied natural gas terminal. a key step towards becoming less dependent on
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russian energy. this is deed of new business. i'm kate ferguson. thanks for joining me. twitter is work for us. could shrink by 75 percent as ellen mosque, $44000000000.00 acquisition goes through. the move would leave the company with just a 2000 employees. job cut had previously been expected with a mouth take over, but not to this magnitude in a separate development. bloomberg is reporting that the biden administration may be planning to conduct a national security review related to the takeover. with questions raised over the individuals and groups must invest with twitters share price dropped on the news. to talk more about this, i'm joined by d. w. financial correspondent had the author in new york. hi teddy, good to see you. tell me about this potential national security review. what's going on here? well, 1st things 1st. it's important to note that this does come from anonymous sourcing
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. so do with that what you will, but apparently u. s. officials are going to tapper in discussions to tap an inter agency committee . the committee on financial investment, foreign investment in the united states to review the business dealings the operations of ian mosques. companies for national security risk. now apparently u. s. officials are become uncomfortable with some of his behavior, specifically the threat to pull star link. that's the constellation of satellites that bring internet from ukraine as well as some of the foreign investors. in the $44000000000.00 deal to buy twitter, that's a saudi prince of finance, as well as guitars of sovereign wealth fund. and what about this plan that must have to shed at 75 percent of twitters workforce apart from the obvious impact on the individuals and their families involved?
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how would this affect tight twitter actually operate as a company? what twitter or 1st of all denies that figure 70 as for santa musk, apparently told this to potential investors. but regardless, we know that twitter is planning lay offs. they've already slowed hiring, and we have reports that they want to cut payroll by $800000000.00. now, whether it's $5000.00 employees being laid off and as in must plan or less than that. we know that this could affect the operations of the company, or there are concerns specifically about content moderation, as well as combating security risks. and this is what we heard actually from a whistleblower in september saying that they have done poorly in both of those domains. teddy alter in new york, thanks as i for, for your insights german chancellor or lifestyle. it has defended plans that would
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see china's costco shipping group acquiring a steak and a container terminal in the port of hamburg. speaking to the village newspaper. he said, such a purchase was quote, nothing unusual. among those opposed to the plan is economy minister will but high back who says the move would increase the german dependence on china and potentially leave it open to blackmail. earlier we spoke to folk a tire from the association of german chambers of commerce, who made the case in favor of the deal going at when it comes to the investor. then one has to take into account that this company has invested in many other parts in europe and, and hamburg is up to now in, in a position where we say it is with disadvantage. and this is just a next step to a level playing field. and on the other hand, it guarantees safeguards
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a bit more. the excess also to chinese markets and imparted goods to too many which are desperately needed right now in times of terminals in the supply chains. tucker, either now to some of the other global business stories making news. the 3 largest u. s. airlines, united delta and american airlines made a combined profit of more than $2000000000.00 over the summer. they say the shift to hybrid work is fooling stronger, demand for travel and maintain. there's no indication that consumer concerns about inflation are hurting ticket sales. drug maker pfizer is hoping for an up to 4 fold increase in the us price of its coven $19.00 vaccine. that's once the vaccine moved to a commercial market next year. analysts say this would increase the company's revenue for several years. the contract pfizer has with markets outside the us are fixed in price until the end of 2023. an increasing number of northern
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europeans are heading to spain in search of warmer weather and lower heating bills . spanish landlords say they're welcoming more visitors from norway, sweden, the netherlands, and germany. aside from boasting hot or weather, spain, it depends less on russian energy. now in the united kingdom, the resignation of prime minister in his trust has drawn renewed attention to the countries economic crisis and the policies her successor will need to an act to curb soaring inflation and energy in security. reporter carl home looks back on the turmoil that was on vast, which may be still to come just hours before prime minister luce trust his resignation, britain's opposition leader gave a scathing summary of her time in office. the conference got nothing to show for it except the destruction of the economy of the implosion of the tory party. i'm not the list here. $45.00, pre tax cut gone. corporation tax cut gone 20 p tax,
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got gone to your energy fries, gong, tax, re shopping door, economic credibility. ah, and her suppose best friend, the public counsellor. if god was, well, they're all gone. so why she still here. but then she too was gone in her wake, the pound found new buoyancy, but ordinary britons are still struggling to stay afloat. and the british conservative party is clutching at straws. if the new consented leader believes that they can, ah, take control of the energy crisis that they can make sure that light stay on this winter and that are eating stays on this winter. and that the cost of living crisis is dealt with that people feel they have more money. okay. it's by the time of the next election. i think that's the best they can hope for. and maybe in that scenario, some answers willing to forgive the conservatives for their present chaos if ah,
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economies in a different place. by the time the next election, the president of the european parliament said other countries should learn from the turmoil in british politics. that yes, when i economy decisions are taken, sometimes they course democratic instability or governmental disability. that is perhaps to listen to all governance. and it is one that i look forward to see resolved and united kingdom as quickly as possible. but political analysts are saying that won't happen as long as the deeply divided tories remain at the helm. spain, portugal and france have agreed to build an underwater pipeline between marcy and barcelona, that would carry natural gas and eventually hydrogen. the deal comes after the 3 countries decided to abandon plans to extend the mid cat gas pipeline that would have led through the parent knees. meanwhile,
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germany is building pipelines that are to connect a for l and d terminals under construction to the national grid. projects like this would usually take years to materialize, but the ukraine war and germany's energy needs have created a new sense of urgency. this building site is located from the german coastal town of williams, half in the pipeline. under construction is part of germany's urgent plants reduce its dependence on russian gas. when it's big, nerve hammered us for them that when it rains, we have a problem. the ground is very wet here, that makes the work much harder. normally, at this time of year, there's no construction work around here. that is outside. but the energy crisis caused by rushes worn ukraine has made the work more urgent in just a few weeks. liquefied natural gas from guitar. the usa and norway should be flowing in the work is going ahead pretty much around the clock, despite mud and rain. the construction workers carry on the van bison vendor,
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fedex, and we will be ready by winter. december 20th. is the plan for commissioning the line, which can then guarantee the supply for the winter activella and come a few days after that, the 1st l in g tanker is due to arrive the special ship's conduct at deep sea ports . then a mobile special pump ship will convert the d pros and elegy into gas and send it through the new pipeline environmental us and local citizens. initiatives often oppose this kind of infrastructure project. objections in court hearings, often delay construction for years. but this time it's different. ok, gonna know to, to its own because of the emergency situation, we're complaining less about the pipeline than we would otherwise food. and of course, it's never optimal when something like this is built by nature of ronnie bundari is already thinking about the time after the gas crisis. in a few years green hydrogen could flow through these pipes instead of natural gas.
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against the light on and by sasha o lines are hydrogen ready. this means that the entire pipeline is already developed in such a way that it meets the hydrogen standards. but 1st, the manager and her team have to ensure that the 1500 pipe sections are put together in good time for winter. and finally, researchers in central japan are diving to new depths for a better tasting brew. they teamed up with a local brewery to ain't beer in sea water. this had $200.00 bottles at a depth of 4 meters for several months. the result, they say is an increase in combination and a stronger aroma. the researchers have done similar tests with wine and soccer and believe it changed the savory mommy taste in the beverages. they hope the sea to thuds will someday become a local specialty. here and
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here is to that that wraps up our show from where you can always log on to d t v dot com slash business. you can also find us on the dw news youtube channel for me on the entire team here in berlin. it's good by taking making the hip. i understand what's behind van d. w. news africa. the show that the issues in the continent life is slowly getting back to normal. yeah. well, in the streets to give you in the reports, i'm the inside our correspond that was on the ground reporting from across the continent. all the trains doesn't matter to you next to the d. w. a.
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where it has history left its traces, meeting people hearing their dreams. ready to meet this week on d w. now this is deed of the news africa coming up on the program. nigeria wade through its worst flooding crisis in the decade. much of the country is swamped and more than a 1000000 people have had to leave their homes. we hear from some of them and also discuss what caused the floods. also coming up, it's the opposite extreme in the horn of africa, which is once again experiencing prolonged drought are reports of visits, one northern canyon community that it's particularly hot.
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