tv Business - News Deutsche Welle October 28, 2022 4:45pm-5:00pm CEST
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off sunday, we'll look at how both candidates are trying to move business minded voters. and it's not exactly a new face, but a new look, one of the world's oldest currencies. hello, welcome to the show. i'm seeking beardsley in berlin. the european union has greeted the new owner of twitter with a shot across across the bow, the head of internet regulation, theory, baton tweeting that in europe. the bird will fly by our rules. that itself responds the line must suite on completing his acquisition of twitter. the bird is freed, that the eccentric billionaires purchase of one of the world's largest social media sites has stirred passions, as well as questions about his actual business strategy. the twitter drama may be far from over. on friday. ellen musk tweeted the bird is freed. that tweet is open to interpretation. i believe that e, ellen musk buying twin or annoying twitter will begin to twitter. i've seen
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obviously people come and see whether they're going to continue using it or not. but i haven't really thought about it. to be honest. i suppose i'll see what, what times highly among wlan mosques 1st moves a change at the top. yo pirate aguillon and c, f o. net. siegel are being shown the door according to some reports. and that may just be the beginning. it wants to build a stick brass, he wants to add payments. he wants to do more video. he maybe wants to make it like a protocol. he wants say verify users. i mean he wants to do all these big bang for the same time. he wants to cut 75 percent of all the people that currently work there. i don't think. yeah. the crystal ball honest it's, it's still very, very shiny. right? i really don't. i don't know where we're gonna be 6 months from now. i think there is a chance that, that one of the 1st things he'd like to do is bring back everybody that was band or bring back everybody that was controversial. certainly that's part of his ammo. and
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. and that could happen with or without alon musk things change, people's opinions, change. all sorts of things happen. whether that's part of policy or not, remains to be seen. will band controversial figures like can you west and donald trump returned to twitter. now that the deal is done, many will be asking just what mosques reference to freeing the bird really means. we should note that most later said that he was just kidding about the claim that he's going to fire 75 percent of twitter workers. while as candor is with the berlin bass collective and g o tackled to tactical tech, excuse me, he joins me for more. a while good to have you on the show. muska says has said that he wants longer tweets and to rely less on advertising. those are some of the concrete ideas he's come out with so far at least made public. what do you make of his plans from how you understand them? well, the, the, you know, the social media companies have presented an opportunity that has effectively been
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effectively being used by people who have interest. so the main idea is that social media companies are not very accountable for the content that they have by government. there's no structure in place and this i think in most on this a great opportunity where it's a platform where he gets all the publicity he needs and allows for the ideas that he is a proponent of. and it's just by buying it than he gets this platform. the main issue here is that, how does he keep twitter relevant while still suddenly changing the conversation? and we've seen historically that these platforms have had a problem with a which direction they're going. it's not very easy to moderate these platforms, and so that power of swaying in one way or another in his hands and gives him a lot of potential. how he does it is something we'll still see. but we can't
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imagine to see that this idea of freedom of speech is real. everyone has their own idea of what free speech is. and he's going to steer towards that direction. now mosque has said that he wants to make this a kind of town square. that's what he wants, which, where he wants to loosen to make it easier to debate at the same time he wants to be profitable. that is accessible to a lot of people do those 2 things work this idea of opening it up, making it easier to sort of just to say what you want bringing back the trumps and other very controversial figures who often have misleading statements. does that work with making it profitable as well? he's also taken on a lot of debt. we should mention. yeah, this is a real question, right? i open for who that's, that's the, that's the real question. the center of it. it, he opens it to a group of, i think the idea is it's clear that his direction is towards a group of people who think in a certain way,
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and that is not really openness. what we have to see is how much he, um, he clamps down on the other direction that he doesn't like under what guys we understand that like freedom of expression is a way to support certain ideas. but it's also other, other excuses are there to are other voices. so i don't think they're very compatible. exactly. but they're all banners and rhetoric that might be used to give an appearance of some kind of freedom and the same time profit off. but while we've been talking a lot about twitter in the past few years, probably because of trump, i would imagine and then mosque as well. they're both very prominent there. are we overestimating its relevance? or is it still a very relevant platform when we look at its reach, we look at the people who are using it. oh, there. i think there, there might be a little bit of a generational divide in and the kind of quality of people who are using it. it's
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been a, it's the main platform for news. but it's not you. so, so it's quite influential when journalists want to spread their news when they want kind of very, very quick pace reporting. so in that sense, it's really powerful and effective, but it's not the platform where everyone is at the moment, especially younger people need the they're going a little bit more to instagram and so forth. but there is a power there. if you have the same rather than people who are, who are you know, springer's texting instantly news, than the power comes from there. and he has to maintain that in order to create the effect that he wants later on feature. all right, while a condo with tackle tack, thank you so much. thank you. let's go now to some of the other global business stories making headlines. the european union has agreed to ban the sale of new vehicles with combustion engines from 2035
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negotiators from the european parliament and the 27 members of the block. clenching the deal, the ban is part of the east climate change package calls called fit for $55.00 and effects. passenger vehicles and light commercial vehicles. volkswagen says it will invest $763000000.00 in mexico by 2025 to modernize its plant. in a state of puebla, the funds will go to building a new paint unit and add production of a new petrol powered vehicle. the german economy grew in the 3rd quarter despite the energy crisis, with gross domestic product rising by 3 tenths of a percent. for the full year forecast still predict growth for germany's g. d. p. thanks to increases in the 1st half of the year. but recession is expected for 2023 . the u. s. economy rebounded in the 3rd quarter growing at a 2.6 percent annual rate. stronger exports and consumer spending, as well as a healthy job market helped bolstered growth amid concerns of
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a possible recession. government spending also helped with the economy on staying in the u. s. the important mid term elections are approaching at a difficult time for many americans. they're facing record price hikes at the gas pump and at the grocery store. and some are struggling to pay their bills. the atlanta state farmers market is one of the most important fruit and vegetable distribution points into united states. atlanta has one of the highest inflation rates in the country. currently, almost 12 percent and its way known small business owners the whole sell cost of lettuce is $75.00 for a case a year ago. probably $18.00 to $20.00 a case. everyone's got it 8 every single day. so everybody has to just suck up and take it and pay the price. traders and truck drivers are suffering from the effects of high fuel prices, which have had no con effects on nearly every sector of the economy. where we go,
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we go to like indiana, tennessee. we are at a state lines and i was just mainly the field ethics. everything as well. basically what the vision is doing. everybody, just a few prices. midterm elections around the corner on the 8th of november, walters will go to the bullet points with the burden off to skyrocketing inflation, which is making it difficult for many americans to make ends meet. was speaking of poles. brazilians returned to the ballot box this weekend in the runoff election between shire, boston, arrow, and louise and osceola. the server, and both have characterized themselves as the champions of business and economic growth. if the final stretch of the campaign at the front runner is visiting a far veil near rio de janeiro, presidential candidate louis in ask you let us silver bruce sense himself as a fighter for the poor and alan mouth, thousands lift near the poverty line in all of brazil, it's millions i doubt that you will find anything this president has
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done for the alamo complex. i doubt that you will find anything he's done in or senior. i doubt that you will find anything good. he's done anywhere in this state because he only lies every single day with judah for new last followers. the 76 year old is a reminder of brazil's golden age. when he was president a decade ago. the economy was booming thanks to high oil income, and millions of brazilians climbed out of poverty for others. however, lula stands for corruption and nepotism. they few the current presidential liberal scenario as the champion of open markets. the economy has proven resilient this year. forecast call for it to grow by 2.7 percent. but next year could be difficult. vanita family homeland liberty. we are brazilians,
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normal corruption in this country enough. our flag will never be read. that the outcome of this weekend run of election will reverberate around the world rich in resources and with a huge agricultural sector. brazil is an important trading partner for others, especially in times of food and energy crisis. elsewhere. over to the u. k. the death of queen elizabeth the 2nd last month has brought plenty of change to britain, not least, new stamps and new money to be printed. with a portrait of the new monarch, the romance has now shown the 1st coins. it's the 1st time the familiar face of queen elizabeth is not thine. on british currency. his royal highness, king charles the 3rd now finds his way into wallets and cash registers across the empire. for many, it's a historic moment. so i went on with if you will only ever think that the 2nd kind so significant moment today. well,
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if i knew more now that the 1st coins bearing the king's portrait are worth 50 pens and will enter circulation before the end of the year. following and the traditions of his grandfather, charles is not depicted wearing a crown unlike his mother. is the amount of the top business story we're falling for you. you and mosque has completed his take over of twitter, but his exact plans for the social meet social media platform remain unclear. regulators bout to watch closely. and so for me, in the dw business team check out us check us out online d w dot com slash business. i'm seeing beardsley. thanks for watching. ah, with
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you and yes, 0 waste. a utopian goal for the film industry on an average. we've seen a share with every single mom and say, activists from bollywood. until rewriting this created major problem, waste separation bins and sustainable materials. 0 waste, a future box office, hit eco, india, and 30 minutes on d. w o . shift your guide to life in the digital world. explore the latest online trends.
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