wolf work have yet to lose, and substitute lucas mac secured a 3rd straight victory for the wolves in the 90 minute, making the final score to me. dorman, fumble their chance to pick up points when they are most needed. once again, while wolves were have seemingly found there grew underneath, go, co watch and you are up to date coming up next. chris kolber as your business news, i'm on your campus. we can and i'll be back at the top of the hour, is more international headlines. thanks for watching. again, they get all the harvesters or immigrants go. lucas, take everything you enjoy. eating at home with your family, was harvested by people who are being exploited. and then i guess for free and

we're going to need to hand we can keep doing what we're doing. and that's why your green revolution is absolutely necessary. euro revealed the future is being determined. now, our documentary theory will show you how people, companies and countries are rethinking everything and making make changes your revealed this week on d. w. ah, a bad morning for meta employees. thousands of them reportedly are getting the boots to day and it's not only met the struggling will have expert analysis on the wave of job cuts currently crashing into the tech sector. also in the show,

there have been some surprises in the u. s. midterm elections, though many races for seats, and congress are still open, or correspondent will give us a check up on what issues mattered to voters and will tell you why a taiwanese investment in a laser company in lithuania, has the communist leadership in china, fumey. and chris cobra, welcome to the program on a day that provides a rude awakening for thousands of meta employees. as the facebook owner is beginning, major layoffs, according to the wall street journal c o. mark zuckerberg acknowledged the company's recent missteps and says that his over optimism about growth had led to over staffing layers of meta, which currently employs $87000.00 people or just some among many tech jobs currently cut and silicon valley. twitter just fired over half of its people after

ill on mosque took over the site, although the company is apparently trying to get some of them back over at microsoft, 1000 of over 200000 employees are being laid off and the world's largest retailer online retailer, amazon has announced a hiring freeze for the coming months. let's take a closer look at the matter with alicia garcia herero. she is the chief economist for asia pacific at nexus investment managers. welcome to the program alisha. well, is it just the worsening economy? economic climate and tech firms taking in less ad revenue. that is to blame here. well, yes, i mean, it's clearly, this is all about synchronized you celebration. so it is not only the us, it's europe and china, the celebration at the same time for different reasons. but these are all aspects, of course,

that companies because they're more to ease growth. yeah. on demand they have been wonderfully up there. cove, it because i'm doing co because that's where we're all booked, you know. but now the revenues in this household revenue is turnkey. and that's why they're suffering. but beyond that, they sent in with household consumers for what probably has become too much of a good thing. and that's more structural. so, you know, i think they do things to note the cyclical which may be sold, the, the economy bounces back when interest rates will come down again. and i think it was. but the structured part, i think this is the worried about their model. because you know, change all of these new ways to sing at people thinking about, you know, other things that it's not just pick something that is going to. yeah. so the tech sector is changing as a whole. has this challenge is certainly i want to look at meta here just for

a 2nd. what have been the individual problems at meta that are now leading to so many people getting fired? well, this is because i met that real. i mean the, the, they made it very, you mostly, i bred bed on the metal burst and you know, that happened we realized in the way they saw the earth. and that's very important . that is happening to midtown is that you know, a vision or submission of the company. so beyond the met, the also try to compete with the current this of their well, if you remember with libra and you didn't work either, you know, there's many, many attempts to disrupt that have worked well. and finally, and because they corporation have to say that is also the dissolution of for met

out, but i think it's more didn't know but, but maybe i had suffered probably the most that they would have open skies. you know what i mean that the internet would be open to everybody. they clear by now on . this is china that this is not going to be the safe. i have to say something important only yes, they tie now. it's basically he reminded us of the importance of the internet of mankind, which basically means separating, you know, creating an internet that is more protected. so that's not going to help me. yeah. alicia garcia, harrow of the texas investment managers, alicia, thank you. thank you. it is not entirely surprising that the years mid terms aren't over yet, so just hours after paul's close now were most votes countered, though some key races are still on the balance and they roll aside which party

holds the majority in congress. and what presidential biden can accomplish over the, coming to years for months now, many political campaigns were full of aggressive rhetoric, but are corresponded. janelle de malone knows that many voters did look at core issues, including the yukon exit. polls have shown about inflation and the economy have been among the most important voter concerns in this election with edison research saying that 8 out of 10 voters across the country feel that the economy has been doing poorly while 6 out of 10 say that gas prices high gas prices have contributed to their feelings of hardship. now, how the economy is handled from here on will also depend heavily on who ends up controlling the legislature. when democrats, more likely to want to spend their way out of the crisis. while republicans would want to rather limit the fiscal response, but with inflation at 8.2 percent and the looming risk of recession,

millions of americans did not just cast their vote for new lawmakers to day. rather, they are also making bats on who they think has the best answer to today's most pressing economic problems. how those beds will ultimately pay off will take longer to become clear. janelle de milan reporting from washington d. c. there now was tensions growing cross the strait of taiwan. china has reacted angrily to lithuania, opening a trade office and the self ruled islands. capital taipei growing trade. closeness between the baltic state. anti one has raised hackles. envision china considers taiwan part of its own territory and has threatened to seize it by force. so it was angry, ran a taiwanese fund, said it would invest in little it's a little rainy laser company and war investments are on the way are actual moralist, spring in dw correspondent,

so song han and tie paid. so tell us more about this. taiwanese investment in lithuania, that's now angering beijing. well, i want to give you a little bit background in the beginning on the do the indian trade representative office open in taiwan on monday. and soon afterwards i went and aus is a $3500000.00 euros investment in literally it's luthey any and then towards 2nd lasers manufacturer by the end of this year, i was expected to invest $10000000.00 euros in the area. so if we look at these 2 places, tie one and leave the area both relatively small, but key economies in the international supply chain, most notably at some leafy, any laser industry and tie one semiconductor manufacturing. so talent also promises to help with the any and companies develop on the semiconductor industry by showing well, have been technologies. this is what town called strengthening the supply chain of democracy. as for bating, it criticized how was ruling party for colluding with external forces to provoke

independence. they viewed highway as part of china and we can expect more complex like this in the future when the 2 sides have such different political ideologies and emitters investment, there is yet another warning coming from china as communist leadership. what is taiwan going to do about it? well firstly, we have to understand that no matter on imports or exports. maelin china together with hong kong has been, ty was largest trading partner for the past 10 years. they are also more than 1000000. how many people doing business in china? it's easy for bating to cut the livelihood of taiwanese industries, are relying heavily on its huge market. we have seen a few tonys products from fruits like pineapple to a kind of fish cold am groupers. they are banned because of political reasons. so now how one is trying to diversify a supply chain and expand into more market in order not to be over reliant on the chinese market and more and more tony's talents and companies are moving out from

1000000 china to new markets. and in st. southeast asia, and we'll see the trend will go on for quite a while. so diane and toby, thank you. now as our correspondence just pointed out their uncertainties created by cove 0 and rising geopolitical tensions between taipei and beijing or prompting a growing number of taiwanese companies to look for places to do business outside of china. d w's power. wang reports, all kinds of food where are displayed on the shelf in the showroom. they are all produced by a taiwanese shoe manufacturer in the city of ty, john, one in 5 pairs of football, boots globally comes from the company all chin day. coronel, he will go to sing. nij is mercury football bullseye, which will busy in the world kind of thought. hiring another preventive

breakthrough us with a new generation. oh, new added the world cup to she died to go to tell them kinda making football booths is complicated. it involves raw materials from many different suppliers, labor and shipping. but the pandemic has led to global supply chain disruptions. him i did reliance on standards, all region. his challenge, really deadly language, ronald, our family, really. he major cities of java on day out to make arrangements to have my new ontario. so a lot of china, actually, after china ramped up tensions with taiwan, he made taiwan his business man like patrick chan and company spaced in the mainland. china feel like they're walking on the fine line. a survey conducted by center photosynthetic and international study. so that most high one is 1st doing business in mainland china has moved open to move some manufacturing or sourcing elsewhere. the survey also reflects the military conflict with the leading concert, even before china launch. drill o g she to china's president sheet him,

he has secure a historical 3rd turn as communist party leader to lead deputy c o. at john law, institution for economic research believes is a wake up call for businesses to did his own puzzled hunting banjo businesses in mainland china. you form a focal, china pile on strategy was a wench it all. in other words, uh, they'll be able to maintain a certain amount of production capacity. china, either so and look for another location to set up a new book. actually, i've found that you with low labor costs and trade, great months with many countries, se asia has become a popular location for international firms in recent years. we're, we're large. i don't want to walk away and i've told many people go, have you ever been kind of i and i, you know, you little bit that am bullet alberto. john might so that alice and toma either linda and i think a benevolent rule she is on to promotional resting about alex step. instead of only focusing on the present to this is patrick chan says the factory. indonesia should

be ready by 2025. meanwhile, his next step is also looking forward to expanding production lines to europe. and finally, if you have some extra cash lying around, how about buying a massive tire on a soros rex skull. one of the best and most complete goals ever discovered is going on sale. it's other ways nicknamed maximus. it is believed to be 76000000 years old is projected to sell for as much as $20000000.00. and if you do buy it, give it alone to a museum. thanks for watching a naval climate, you can actually end up harming the climate. why?

because the time is subject to any laws, the regulation, the truth behind climate neutrality, close up. in d. w. a thought they were great with all climate neutrality, fewer emissions stopping climate change. that's what everyone these days claims to be striving for. fremont outside the climate neutral climate efficient climate. whatever.