tv Business - News Deutsche Welle November 4, 2022 12:15am-12:31am CET
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so i mean next frame and the next frame, and then i frame and then it's same and it, it, it, that's my process. 1300 frames later, the video premiered at this gallery space in central london and on youtube. some of the paintings are based on our cable news rios of the fab 4 but most are the product of the painter's imagination, inspired by the beatles own homage to sleep, to slowness, and to the power of dreams. ah, it what she ended up eating live from the coming up next is the w business policies in force her i'm skin that i think that's hard and in the end is a me, you are not. i love to see you anymore. we will send you back her are you familiar
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with this with the smudges were lions as of the what's your story. ready ready he wasn't, i was women, especially a victims of vine and seen a lot of them take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information ah, but drawn out recession like never seen before, of the bank of england as warned brits to expect the longest ever economic downturn as it follows the fed and hiking interest rates. ah, lag, or falls can be
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a pretty noisy place normally because of the loud crashing of water, but the areas newfound fame as a crypto mining hub is also creating quite the racket and south career is proving one of the winners from europe shift away from russian gas as he makes more c born l, n g or does the korean are providing the shit? this is day to be a business on robots in berlin. welcome to the program. the bank of england has announced its biggest hike and u. k. interest rates in over 30 years, the central bank also warned brits to expect the longest recession on record as it increased rates from 2 and a quarter to 3 percent. bank of england, governor andrew bailey says the move is necessary because inflation is too high. expect inflation to fall back from the middle of next year. but further interest rate increases may be needed in the coming months as what he had to say since
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december low. unstable inflation is the bedrock of a stable economy, a predictable economy in which people can go about their lives and plans for the future with confidence and economy, which order money keeps its value. if we do not have false re, now, it will be worse later on. as the 4 girls will permission to go shows is a tough road ahead. shop increase and energy prices caused by rushes, invasion of your crimes might as poor as a nation. well, the made by the bank of england came less than a day after the u. s. federal reserve also announced $75.00 basis points increase and interest rates are the central banks are also expected to follow in its footsteps. although christine la, god, president of the european central bank, says they'll be setting their own pace. while we have to factor in such an element like the fed monetary policy decisions and other elements of international nature.
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or that will help us determine the best monetary policy. we are not alike. and we can not progress either at the same pace under the same diagnosis of our economy. but across the atlantic, the us trade deficit widened to more than $73000000000.00 in september. out of 5 straight months of decline. government data showed exports of food and energy slowed while imports of semiconductors and consumer goods grew. a stronger dollar made american products more expensive abroad and weighed on exports. let us dig deeper into that with our financial corresponds in new york yen scotty. anne's great. have you on the program. so in a why the sudden change in direction for the u. s. s. it europe, and there is a lot going on when we're talking about the trade term. i mean of 1st the sort of, probably some,
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a company and some businesses here in the united states might have an order there good soon times or to avoid them. any supply disruption granted. now comes through the m holiday season. so that might have been a factor why importance have been em up and if we talk good deficit, we're talking the ratio exports to import or import. some have increased them in september and then on the other side, if you look at exports, they have decreased. you already mentioned the strong a dollar, but also for example, or we saw a oil prices are declining a bit and for that that old saw a decrease or lowered the over all amount of exports. and from the united 6 scenes was the feeling about this, where you are, is, is being seen as a bump in the road, or is it the start of a new trend? well, i mean, overall it could be a new trend for 242000 and credit for 2022. in general,
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we will still probably reach a new record. hi, trade deficits here in the united states. even as you mentioned, we did see the deficit declining in the past couple of months and just overall, we might see that trade close could we can, i mean, we might get tougher times here in the united states also with inflation with high interest rate them for example, we also see probably a week or economic growth over c. so in general, trade could decrease a little bit. if you look at the month of december, the trade deficits increase by a pretty stunning a 12 percent. so i guess, even if the trade deficit keep growing, probably not at the same rate at 50 and, and that month. okay, and then go to new york course. thank you. know in the united states,
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big coin mining fonts are multiplying the countries now emerging as a global leader in the industry. but those who live near these farms say the noise from the families used to cool down the crypto generators is proving a problem. the soothing war of the niagara falls. it's a sound synonymous with nature and the outdoors. it's being disrupted by another roar of a bit coin farm. nearby residents of this small town on the border of new york and canada. say it's a nuisance. one that's disrupting their way of life. i get 4 hours a week me because of the noise is kind of like during the day, you know, when i'm outside or working, it doesn't bother me because i'm doing something else. but at night it's a cheap hydro electric power from the falls makes it an attractive place for
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companies looking to mine crypto currency. it's also what attracted big industry decades ago. but the noise generated by fans cooling the crypto mines is too much for local residents. your builders are in a rob, wrong because of the fantastic style they make the sounds like a 747 jack. the big coin farms here are owned by 2 separate companies. us bitcoin and block fusion city hall cast. a statue dictating that mining bitcoin farms must shut down until they can reduce their noise levels. block fusion complied, but the u. s. bitcoin, mine is still up and running. niagara falls, mayor roberts stay know, is preparing to take additional legal action. and so right now, you know, we're working with our attorneys as well as with our residents to make sure that we
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have our documents in place. so that if they continue to refuse to comply with our order to, to stop. and we'll have to be in court until that happens. residents hope their protests will be heard. let's take a look at some of the other global business stories making than is thousands of protests as have gathered in madrid. plaza, my, your square to demand higher pay is prices rise spain's annual inflation rate slow to 7.3 percent in october. after searching of a 10 percent in the summer. the main business association has ruled out pay hikes in line with inflation, but says it's open to more moderate increases bosco's government. his pilot is launching a pilot program for a 4 day working week companies and workers can volunteer for the new scheme which will begin next year. the countries labor minister says businesses and employees in the services sector have expressed the most interest and inflation in turkey had an
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a record last month devoting to official figures. prices rose by more than 85 percent compared to what they were last year. but independent experts doubt the official data and estimate i knew inflation in turkey could be as much as a 185 percent on the shift from russian gas supplies in europe has to clear when is liquefied natural gas supplies and south korea, the country is one of the biggest manufacturers of tanka ships worldwide and increasing global demand for ellen, j, a. c. in a flurry of new orders at this day. woo shipyard in south korea. 500 kilometers south of the capital, sol. she builders are hard at work and they will be for the foreseeable future. day was one of the largest ship building companies in the world. here they are building ellen, g tankers. the demand for liquefied natural gas, or l. n g as
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a sword amid the war in ukraine as europe, 6 alternatives to russian energy supplies. there was orders also jumped. bassetti did another due to the russian sanctions. countries that supply ellen g such as the u. s. australia guitar are forced to choose ellen g carriers as a transportation replacement. as of result, the men for ellen g carriers as increased considerably and in other words, demand for ellen g as led to the increase of the man for ellen g characters probably the overseas. ellen g tankers are complex, massive ships. that's because gas needs to be cooled down to minus $160.00 degrees celsius for transport. it takes about 2 and a half years to build one ship. any or they're made to day requires a long time to be fulfilled, and it's costly. ru materials such as steel, also got more expensive. the industry association in sol aspects demand and prices to rise even higher. in the past years where the annual average was 40 to 50 either
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this year, the volume exceeds already 100. the man for ellen g carriers right now is very high . also the price for of allen g carriers was about $200000000.00 per ship around the end of last year. and you know, my currently prices are up to $240000000.00 per ship proving the robbie to increasing costs as well. more than 80 percent of the ellen g tankers, the sailing the oceans are produced by south korean firms. and some of the shipyard despite rising costs and the lack of workers, korean she, builders are old, profiting from the shift in the energy market, at least for now. so gimme it ends in today's ellen g market may be temporary in the future hydrogen era. a she builder that wins deal and g market now will eventually become the winner again, in the ear of green energy and energy conversion. in other words, now is when shipyards must make a lot of money. true,
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ellen g. because the competition for future markets as already begun automatically . thank kevin milton in the future ship years will also have to build a tankers that are more climate friendly, the international maritime organization as tight and rules. carbon emissions from ships must fall by almost a 3rd in the coming years. and by 2050. also, this sheeps will have to be carbon neutral. so for men of is the same handling football, you can head over to our website data we dot com slash business hours on the d, w, use youtube channel as well. so next time we take into the conflict zone. the conflict in ukraine is only one of the was vladimir putin is fighting hooton's. chief target in russia has been like say, the bombing my guess this week, your next island london is one of the valleys associate nightmare. i shook off the
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group, is made me and shaming thousands of officials supporting the whole ukraine. but how far will that vent hooton's power conflict zone next, on d, w. m l o. down tech ah, noise activists in action. they're always on the lookout for ideas to fight noise pollution and the illness it causes even an owl named otto. that silence. last, how every day life can be quieter. oh, in 60 minutes on d w. oh, hello guys. this is the 77 percent. the platform for africa
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is you to defeat issues and share ideas with, you know, or just shut down. we are not afraid to catherine delicate topic because population is growing fast. and young people clearly have the solution. the future films, you has 77 percent every weekend on d w the conflict in ukraine is only one of the was vladimir putin is fighting at home. he's cracked down viciously on descent to the opposition. hooton's chief target in russia has been this man. i like say the bound me now in jail with his anti corruption foundation band.
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