1st to voters and will tell you why a taiwanese investment and a laser company in lithuania, as the communist leadership in china. fumey. i'm chris cobra. welcome to the program. the axis falling in big tech facebook parent company mehta is laying off 11000 people about 30 percent of its workforce meta struggling with faltering or revenue and broader tech sector was ceo's. arkenberg says is over optimism about growth lead to over staffing layoffs at meadow, which currently employes $87000.00 people, or just the latest job losses in silicon valley. twitter, microsoft and amazon are also shedding head count. earlier i spoke to alicia garcia, herero asia pacific chief economist at the texas investment managers, and i, after what had gone wrong, had matter for so many people to lose their jobs. well, this is because met that really. i mean that the, the, they made

a very you mostly aggressive bed on the metaphors and, you know, that happened really realized in the way they thought it would end up very important. that is happening to midtown. is that in a way to vision or is the submission of the company? so beyond the met covers, 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 hadn't worked well. and finally, and because they corporation have to say that is also these, the solution of for met out, but i think is more didn't know but, but maybe i had suffered probably the most is that they would have open sky. you know what i mean that the internet would be open to everybody. is 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 try now. ready basically, he reminded us of the importance of the internet of mankind, which basically means separating, you know, basically creating an internet that is more protected. so that's not going to help me. yeah, it is not entirely surprising that the years mid terms aren't over yet just hours after polls close now, with most votes counted though, some key races are still in the balance. and they will decide 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 for responded. janelle de malone knows that many voters did look at core issues, including the yukon exit. polls have shown 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. we're 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, they 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. to now milan reporting from washington d. c. there. now with tensions growing cross, the strait of taiwan. china has reacted angrily to lithuania, opening

a trade office and the south ruled islands. capital taipei growing trade. closeness between the baltic skate. anti wan has raised hackles and vision, trying to considers taiwan part of its own territory. and has threatened to caesar by force, so it was angry, ran a taiwanese fun, so it would invest in little it's a little rainy laser company and war investments are on the way or for more low spring in dw correspondence, so song, han anti paid. so tell us more about this taiwanese investment in lithuania, but now angering beijing. well, i want to give you a little bit background in the beginning on the do the engine trade representative office open in taiwan on monday. as soon afterwards i went and aus is a 3500000 euros investment in literally it's luthey any and them tow 2nd lasers manufacturer by the end of this year time was expect to invest 10000000 euros in

lieu the any. so if we look at these 2 places, tie one end of the india both relatively small, but key economies in the international supply chain, most notably at some leafy, any laser industry and taiwan semiconductor manufacturing. so talent also promises to help with the any and companies develop on the semiconductor industry by showing relevant technologies. this is what town called strengthening the supply chain of democracy. as for bating, it criticized, i was ruling party for colluding with external forces to provoke independence as 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 amid this investment, there is yet another warning coming from china's communist leadership. what is taiwan going to do about 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 bait into caught the livelihood of taiwanese and industries of 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 its supply chain and expand into more markets in order not to be over reliant on the chinese market and more and more attorneys, talents and companies are moving out from 1000000 china to new markets and insane south. east asia, and we'll see the trend will go on for quite a while. so diane and toby, thank you. now, as our correspondent just pointed out there, uncertainties created by cove 0 and rising. geopolitical tensions between taipei in 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 or chin day, coroner, he will go to sing. nij is mercury football bullseye, which will busy in the world. kind of thought, hire yet another property at relative brady 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 do believe understand the salvation will challenge the deadly language, ronald, our family, really? he major cities of java on day. we have to make arrangements to have my new ontario so a lot of china truly. after china ramped up tensions with taiwan,

he made taiwan his business. men 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 experience doing business in mainland china has moved open to move some manufacturing or sourcing elsewhere. the survey also reflect submit to re 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 hot institution for economic research believes is a wake up call for businesses to see how young puzzled hunting banjo businesses and mainland china, we form a circle, shiloh pi on strategy was a y, n j at 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 will find the g with low labor costs and trade great months with many countries, se asia has become a popular location for international firms in recent years or whatever. like, i don't want to walk away. and i've told monica here ever been kind of, i and i, you know, you little bit that am bullet alberto john. what's that olive antola? either linda and i think a benevolent rule. he is an antique 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 lies to europe anyway with we spend a lot of time on the show, analyzing the economic fall out of russia's warn ukraine, looking at her sanctions, are hurting russia as well as europe. but some markets are experiencing a surprise boost from the road war. thousands of russians have fled to neighboring

georgia, and they brought cash and a business. know how with them rushes southern neighbor, georgia is one of the unexpected diamonds in economic rough. it's enjoying an unexpected gloom, fueled by a dramatic influx of more than a $100000.00 russian nationals. after putin's mobilization drive, quite rich people came to, ah, georgia with some business ideas. please. sir. consumption increased drastically. ah, including tourism are and they send as they sent to themselves a lot of money through remy tendencies as well, and it boosted the economy. pre put pretty much back in april, the world bank estimated that george's g d p would grow only 2.5 percent. now the country is expected to hit double digit growth by the end of this year. around 10 percent, the boom seems to be helped along by the russian migrants this

me currants are very helpful because part of them that probably the majority of them very young technology, educated people who have knowledge and probability for us 40 appreciate that. also for the other 2 jenko, fun efficiency, quite useful opportunities for you that now the question among analysts is whether this pace of growth is the sign of a sustainable upward trend. all if it's merely a blip. but when they leave the yard, that was the problem because some, some amount of demand which was, which was now in place, will not be in the future. uncertainty remains not only due to the wider global economic volatility, but george's proximity to a volatile neighbor in russia. 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 galls ever discovered 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 dollars. and if you should buy it loaned the t rex to a museum. that's our show. thanks for watching. with

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map for modern globetrotters. discover some of europe wykard, breaking sites on youtube and know also in book form people in trucks injured was trying to see the city center more and more refugees are being turned away. warner families, on the reason for the credit on its way located demonstrate people extreme dreams around 200 people around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own

mind. d. w. made for mines were ah ah, this is dw news coming to live from berlin. control of the united states congress hangs in the balance as mid term election results come in. republicans take the lead in the race for the house, but their hope for red wave fails to materialize. jo biden's democrats perform better than expected with many competitive races. still uncalled in the battle for the senate democrats for a major victory in pennsylvania.