peon, countries like switzerland and denmark. and now thanks to isabel to my whole, also france. she has received the regulatory approval to used a bike, hers for burials, and he's only waiting for the okay from her insurer to get started. but are people ready for a hearse revolution? assume it's quite original. i think it's innovative. it could be interesting. but for me, not really for us, for me not at the moment. i'm going to wait a bit of it watching the w needs live from berlin coming up. next is all that i does business these with my colleague from what's i'll see you soon. bye bye. ah ah, what people have to say matters to us. mm. that's why

we listen to their stories. reporter every weekend on d. w. sometimes a seed is all you need to allow the big ideas to grow. we're bringing environmental conservation to life with learning pass by global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing. download it now, feel free ah, but drawn out recession like never seen before. the bank of england is warned. brits to expect the longest ever economic downturn as it follows the fed and hiking interest rates. lag or falls can be

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 bracket and south career is proving one of the win is from europe shift away from russian gas as he makes more c on l n g. or does a korean 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 is what he had to say. 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 honda money keeps its value. if we do not act false, remember, it will be worse later. on and as the 4 girls will be sure to go shows is a tough road ahead. a sharp increase in energy prices caused by russia invasion of ukraine as many of those 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.

or that will help us determine the best monetary policy. we are not alike. and we can not progress either at the same pace or under the same diagnosis of our economy . but across the atlantic, the us trade deficit widened to more than $73000000000.00 in september. after 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 a, when we're talking about the trade term. i mean, of 1st the sort of probably some, a company and some businesses here in the united states or might have from order

they're good some time. so to avoid them any supply disruptions rented now comes through the m holiday season. so that might have been a factor why imports have been em up. and if we talk good deficit, we're talking the ratio exports to import or import them have increased them in september. and then on the other side, if you look at exports, they have the greys, you already mentioned the strong a dollar, but also for example, or we saw an 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 sex 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? oh, well, i mean, overall it could be a new trend term 48242000 credits of or 2022. in

general. we will still a probably a reach a new, a record, a high, a trade deficit term 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 a trade close or could a weaken a, i mean, we might get tougher times here in the united states also with inflation was high interest rates. and for example, we also see a probably a weaker economic growth, some over see. so, so in general, a trades a could a decrease a little bit. if you look at the month of december, the trade deficits increased by a pretty stunning, a 12 percent or so i guess. even if the trade deficit it keeps growing. probably not that the same rate as we've seen in that months. okay, and since go to new york for us, thank you. now in the united states, big coin,

mining farms 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 fans used to cool down the crypto generators is proving a problem. the soothing roar 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 new sense. one that's disrupting their way of life. i get 4 hours of sleep me because of that 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 horrible. the cheap hydro electric power from the falls makes it an attractive place for 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. communities are and are not wrong because of a fantastic style. they make the sounds like the 747, just the bid coin farms here are owned by 2 separate companies. us bitcoin and block fusion city hall passed a statute dictating that mining bitcoin farms must shut down until they can reduce their noise levels. block fusion complied, but the us 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

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 rates low 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 but it was 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 tech

a is an a record last month to voting 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 g. as 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 ellen, g as 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 to u. s. australia katara are forced to choose ellen g carriers as at 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. ro, materials such as steel, also got more expensive. the industry association in sol, aspects demand and prices to rise even higher in the past. here's where the annual

average was 40 to 50 either. this year the volume exceeds already $100.00. demand for ellen, g carriers right now is very high. also the price for velan g carriers was about $200000000.00 per ship around the end of last year, tanya, 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 all 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 iraq, the she builder that winds 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, ellen g. because the competition for future markets as already begun, or logically,

they take half a 1000000 in the future ship years will also have to build tankers that are more climate friendly. the international maritime organization as tightened 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 man of business, st. handbell inflow, you can heather is our website data we dot com slash business hours on the d. w. news youtube channel, as well. to next time with is the end of the pandemic in site. we show what it could look like will return to normal. and we visit those who are finding it difficult.

exceeds his successes on the resume in a weekly coven, 19 special. next on d w. ah! because of the toxic waste extra, this is for you and her she threw her last breath. ah! she breathed mamma, and at that moment i lost her children, played in the pile of toxic waste, which was full of arsenic lead and mercury. and i had to waste came from sweden, etc. business, how toxic waste poison ivy todd including mm. in 45 minutes on d, w ah, with william how to think on

gonzalez will i and was how you know, if i had known that the boat would be that small, i never would have gone on the trail. i would not have put myself and my parents in that danger. god, it's a theme that will select even leave who love on central hospital, on the liberty to give them i had serious problems on a personal level and i was unable to live there, but it went to go to the ah, you want to know their story. you so migrant clarified and reliable information for my grants ah, a neighborhood volunteer group in madrid. many spaniards ran errands and organized food for those in need during the pandemic. they were honored by the parliament for their efforts.