hi, will news rios of the sad for but most are the product of the painters imagination . inspired by the beatles own homage to sleep, to slowness, and to the power of dreams. a reminder of the top story way following for you. german jazz lola sholtes has bad chinese leaders. she jim pink in beijing for talk. same to posting economic ties. that is it has strong criticism over germany's dependence on it. increasingly, authoritarian china has to have your company dw businesses up next to i'll be back next about ah, she's up to date. don't miss our highlights. the d w program on line d, w dot com highlights i mean, no, everything you enjoy eating at home with your family was harvested by people more

being exploited. if can i please feel free in that the green revolution absolutely necessary. europe revealed the future is thing determined now how documentary theories will show you how people, companies and countries, are we thinking everything that's lacking later changes? you've reviewed this week on d, w. ah, but drawn out recession like never seen before. the bank of england has warned brits to expect their longest ever economic downturn. it follows the fed and high king interest rates. lag falls can be

a pretty noisy place normally because of the loud crushing of water, but the areas newfound fame as a crypto mining hub is also creating quite the racket and south korea is proving one of the win is from europe shift away from russian gas as he makes more seaborne l n g, or does a korean providing the shit? this is day to be a business on robots in berlin welcomed the program. the bank of england has announced it 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, expects 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, the predictable economy in which people can go about their lives and plan for the future with confidence and economy, which hold on money keeps its value. if we do not act force, we know it will be worse later on and 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 money, 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 or 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 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, yann's corte ends 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, a company and some businesses here in the united states might have firm ordered

their good soon times or to avoid them. any supply disruption granted. now comes through the m holiday season. so that might have been effect or 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 decrease. 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

we will, it's still a probably reach a new record, high trade deficit. tim, 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 that is that keep growing, probably not at the same rate at 50 and in that month, quarter new york course. thank you. know 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 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 residence 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 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 task that salvage make. the sounds like a 747 john. the big 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 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 are 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 that will 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 onion 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. campbell here for the new scheme which will begin next year. the country's labor minister says businesses and employees in the services sector have expressed the most interest and inflation in turkey. hit

a new record last month, according to official figures. prices rose by more than 85 percent compared to october last year. but independent experts doubt the official data and estimate, and you inflation in turkey could be as much as a 185 percent of the shift from russian gas supplies in europe has to clear winners liquefied natural gas suppliers and south korea. the country is one of the biggest manufacturers of tanka ships worldwide, and increasing global demand for airline g. as in a flurry of new orders at this day was 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. there 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 sort amid the war in ukraine as europe,

6 alternatives to russian energy supplies. there was orders also jumped bassetti did in due to the russian sanctions. countries that supply ellen g such as to u. s. australia guitar are forced to choose ellen g carriers as a transportation replacement. as a 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 carriers, we dealt with helen g tankers, our 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 bill. one ship. any are there made today requires a long time to be fulfilled and it's costly. rheumatoid ariel 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 this year, the volume exceeds already 100. demand 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, tanya, my currently prices are up to $240000000.00 per ship proving the robbie to increase in costs as well. more than 80 percent of the ellen g tankers assailing 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 to them, it is today's ellen g market may be temporary in the future hydrogen era, the she builder that wins d l n. 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 has already begun or logically

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, same hand berlin from all you can head over to our website data we dot com slash business hours on the date that we use youtube channel as well. to next time. it is the end of the pandemic. in site we show what he could look like will return to normal and we visit those who are finding it difficult

with success in our weekly coping. 19 special 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 made auto the silence. last, how every day life can be quieter. oh, in 60 minutes on d. w. o. in you become a criminal pre climb,

aol already know that with hackers and paralyzed me turn your societies computers that out somewhere you and governments that go crazy for your data. we explain how these technologies work, how they can go in for, ah, that's how they can also a what you know on you to ah, i 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 ear parliament for their efforts.