also on 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. what lay of meta, which currently employes, $87000.00 people, or just some among many tech jobs currently cut in silicon valley? twitter just fired over half of its people after ill on mosque took over the site,

although the companies 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. harold. 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 not only the us in europe and china, the celebration at the same time and for different reasons. but these all aspects, of course, that companies because they're more growth. yeah. and then the man,

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 the household revenue is drinking and that's why they're suffering. but beyond that, the sole source of heat in the house was the 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 thing and people thinking about, you know, other things that it's not just pick something that 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 met had really, i mean, the, the, they made a very, you mostly aggressive bed on the metal burst. and you know, that has been really realized in the way they saw it. and that's very important. that is happening to midtown is that you know, a vision or is submission of the company. so beyond the met, the also try to compete with their was their 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, the solution of for met out, but i think it's more didn't know but,

but meta has 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 app to say something important only yes, they tie now. ready 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 poles close. now we're most votes. countered though some key races are still on the balance, and they roll aside which 40 holes the majority in congress and what presidential

wide and 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 at that 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 tension 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 fun, said edward, invest in little it's a little rainy laser company and war investments are on the way are actual moral a spring in d, w, correspond and so song,

han anti 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 you see any trade representative office open in time one on monday and then afterwards i went and ours is a 3500000 euros investment in literally it's luthey any. and then towards 2nd lasers manufacturer by the end of this year time was expected to invest $10000000.00 euros in lieu of the any. so if we look at these 2 places, taiwan and leave the area both relatively small, but key economies in the international supply chain, most notably, it's leafy any laser industry and tie one semiconductor manufacturing. so how and also promises to help the indian companies develop the semiconductor industry by sharing relevant technologies. this is what town called strengthening the supply chain of democracy. as for bating, a criticized powers, ruling party for colluding with external forces to provoke independence. they view

tiwana as part of china and we can expect more complex like this in the future. when the 2 sites have such different political ideologies and emitters investment, there is yet another warning coming from china's 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 baiting to cut the livelihood of taiwanese industries are relying heavily on its huge market. we have seen a few tonys products from bruce like pineapple to a kind of fish called 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 footwear 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 or chin decker. and i hear what you're saying. nij is mercury football building, which will busy in the world kind of thought. hiring another property at relative brady us with a new generation. oh,

new added the world captain. she died to go chosen candle. making football boots is complicated. it involves raw materials for many different suppliers, labor and shipping. but the pandemic has led to global supply chain disruptions. him, i do believe understand this already in his challenge. a deadly language, ronald, our family, really? he major cities of java on day out to make arrangements. how many one toyota, loud china, truly? after china ramped up tensions with tie one, he made taiwan his business man like patrick chain 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 all plan 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. she came here as secure a historical thirt turn as communist party leader to lead deputy c o at john ha. institution for economic research believes is a wake up call for businesses. did a little puzzled, hunting banjo businesses in mainland china. you form a circle? china on strategy was a wine chair at all. in other words, i will, they will maintain a certain amount of production capacity char, either so and look for another location to set up a newborn, actually outside of vanity with low labor costs and trade, greet months with many countries, se asia has become a popular location for international firms in recent years, a waiver loan, 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 paula either linda and i think of 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 discovery is going on sale. as 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 a long time. thanks for ah, with

ah, renewable energy and electron ability dependent on the battery industry to can maybe produce sustainably. absolutely. says europe. what about our own material mining? and what are the alternative for electricity storage? made in germany in 90 minutes on d. w. what's it state for the world when americans elect a new congress as us democracy faces? yes, another stress test. we're here to renew the latest. well,

the fear of violence translate into action. and what the thief, mid terms mean for the next presidential race in 2024. let us bring the back story across all platforms. this week on d, w. sometimes a seed is all you need to allow big ideas to grow. we're bringing environmental conservation to life with learning packs like 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 for free. and we're interested in the global economy, our portfolio d w business beyond. here's a closer look at the project. our mission. to analyze the

fight for market dominance. east this is wes good instead that head with the w business beyond ah ah ah, this is dw news coming to you live from berlin. control of the united states congress hangs in the balance, says mid term election results comment. republican.