seem for i'll have an update for you at the top of the hour. don't go away. we have some business news for you next to just off to the short break. and remember, you can always get all the latest international news culture and sport on our website, dw, go to call and do follow us on the social media. if you don't already do, i will ask w news. i'm gabrielle. thanks for watching. mm. mm . mm mm. mm. mm mm mm, you become a criminal pre claim aol already knows with hackers, paralyzed me to your societies. computers that are some are you and

governments that go crazy for your data. we explain how these technologies work, how they can go in for, and that's how they can also go terribly. watch it now on youtube. ah, your as own inflation falls for the 1st time in 17 months. could best be the let up that your paying households desperately need with food prices soaring and energy becoming barely affordable. turbulent times hit rushes allies. weston sanction was finally starting to land. as the russian aviation sex struggles dispatch pots and russians who fled to attack, he might be wearing out that all welcome by spending too much money. this is either

we have business on robots in berlin. welcome to the program. inflation in the euro zone has fallen for the 1st time in nearly a year and a half. they will come as a relief to many europeans is seen, alarming rises in that food costs and energy bills in recent months. but the european central bank is warning that the price rises have not yet peaked. for 17 months price is kept on rising. first, pandemic spending trigger to cost of living crisis than it flared up even more fueled by russia's war against ukraine. but now inflation has finally shown signs of easing in the 19 countries that use the euro. it felt a 10 percent in november from a record high 10.6 percent the month before. thanks in part to slowing growth in energy prices. but the risk is still there and the crisis is still on

inflation rates coming down to it is the price change coming down. it doesn't mean that prices are actually dropping. so we still are in this cost of living crisis. and the only thing is that the burden the damage will become less and will start weighing less on the economy, but it will not reverse any time soon. and this is why european central bank president christie le guard, warned that the euro zone inflation hasn't peaked yet and, and that more interest rate hikes are on the way we'll grudge europe is caught between inflation rates not seen in decades and fears of a recession. if bankers take aggressive steps to and the one they may end up with the other. meanwhile, new figures show the u. s. economy grew more than previously thought during the 3rd quarter of the year. the latest data puts g d. p growth at 2.9 percent revised up from the previous 2.6 percent estimate. recession consumption and

a falling trade deficit helped power the expansion. economists are also expecting growth for the current quarter, although the trade deficit is growing again along this, let's bring on a financial correspondent in new york yen score tens f. one more. we learn about the u. s. economic situation cuz we've had a few figures out stay yeah. rough. i mean i would say in general, so far so good. tim and growth of 2.9 percent is pretty good and economists are expecting that we will also see growth in the 4th quarter. even if estimates are all over the place at somewhere between a growth of one to 4 percent of the final quarter of the year. but you already mentioned consumption has been a one, a huge factor. and i'm always wondering how much longer can american spend that we already see they do spend was taking on more debt was credit cards them for example . and then you also mentioned the trade deficit. yes. that was good for the past quarter, but we just got a new numbers today that actually we saw quite

a rise in the trade deficit by almost 8 percent. and so the type actually could turn looking ahead. we also get a got some, a labor numbers from the private sector, the lowest job growth since january of 2021. so maybe things might not stay as stable as they look right now. williams, where you are on the new york stock exchange. it's been the last trading day of november and the strong month for the dow following a record month in october. what's, what's, what's driving goal this constant strength from the, the, the stocks very new york. the yes, specially if you look at the final session in november that johnson doesn't leverage actually was up by more than $700.00 points for the month. we are up by a good 5 percent after we were up 14 percent in october. that was the best month, by the way, since 1976 actually a couple of things have gotten a bids move or if you look at inflation,

inflation is still high. but we might have the in the peak, if you look at interest rates, fed chairman, general impala here on wednesday, mentioned that we might, at least below the pace of further interest increases. so there might also be coming to an end. so those huge increase when it comes to interest rate. it's also a positive. if you look at all the supply chain issues that have direct the global economy for so long, we still have locked downs and sign up. but in other areas, it has gotten a bit better, so there are some bright spots, and that's why the stock market is up. but that does not mean that us consumers can spend forever. and it does also not mean that the recession is totally out of the cards looking into 2023, but at least for now it looks much, much better than 2 or 3 months ago. quarter new york stock exchange for us. thank you very much. let's take a look at some of the other global business stories making the news. fashion

retailer h t m has ended, is russian operation, closing. it's moscow flagship store, sweetest clothing company also said it will be laying off $1500.00 employees worldwide to contend with softening demands juice, arriving inflation. the 1st big european retailer to do so. the number of employed people in germany rose to record high in october despite a looming recession. official data shows 45700000 in employment last month. that's nearly a one percent increase compared to the same period last year. now since it's military invaded ukraine, russia's commercial aviation industry has taken a heavy hit aircraft industry giants such as airbus boeing stops applying spare parts, but russian planes back in march, a few months down the line. and that starting to have a major effect despite the sanctions and being cut off from the deliveries of critical components, russian airlines are still operating. even though there has been

a 15 to 20 per cent robin passengers. for most people taking domestic flights in russia, not much has changed in terms of learning jets, it was always going to take a bit longer because of course you've got star, i'll spare boards. and of course you good. the existing aircraft that can be cannibalize more than 800 modern western built passenger jets, were flown by russian commercial airlines before the outbreak of the war. more than half of their flights operated on international routes. the majority of these flights have been terminated by sanctions. ladies to the, to that would, it would be international routes were very lucrative. one of the most important forms of income, the harsh cut off from this cash flow was very serious. and on the other side, you had the ation industry. it has become very difficult to supply aircraft that are flying now with spare part. in conclusion, even before the war,

airlines in russia face difficulty getting spare parts. a pilot took this video a year ago. it shows yellow slips written with the letters i n o p, meaning inoperable. the situation has worse and drastically since the war and prestige projects like the m s 21 and the super a 100 super jet. both passenger aircraft built in russia have an achilles heel. they depend heavily on western made engines and avionics commercialization manufacturing side, a russian navy asian is debt. yet with neither the m. s $21.00, which is bill with foreign components, nor the super jet $100.00, which is also bill with foreign parts can p produced in russia yet would lacking access to critical components means russian aviation will only be a shadow of its former self in years to come of more in this. let's hear from data

. we rusher analyst, you're a rash shadow. he told us the moscow has been turning to one of its few friends. i hope the wrong was also a great hope for russian of ation. the country has been living under sanctions for decades and has developed various methods to circumvent them. but iran uses aircraft from the 19 the seventy's and $98.00 is which, which are less dependent on the software. updates are afloat, in particular, has equipped its fleet with a very modern aircraft in recent years that apparently don't need to be to be repaired so quickly. but at the same time, because russia uses very modern aircraft that rely on those very technologies, it will be increasingly difficult to say safely operate western aircraft without computer updates. and russia itself hardly builds its own aircraft, or at least not nearly enough. at the same time, russians are fleeing to turkey to escape the effect of western sanctions on their

economy. but the presence of wealthy russians isn't seen as a positive by many turks is why is stumble, airport flights from russia land here daily. among these passengers are many young men opting out of fighting in russia's war in ukraine. are 2 or landed on a flight last month, shortly after partial mobilization or deployment was announced. he staying with his friend myisha and settling in quite well chosen. homer drew people. i know here i found a russian bank and payment system that can make transfers from russia to a bank. here in 3 steps school, bob, which is what there was this year more for yesterday young, but what pleases are to her here, infuriate starks while they are suffering the russian visitors are doing extremely well. and it's not just them 2 months ago, beller russians. vladimir and olga arrived in an thalia and set up a tennis academy. of course, on valets. perfect. i feel like almost at home because to me and the russians began

from different directions, began cancers. but you have every scene in their gardens school business is going well for their apartment. the entrepreneurs can afford to pay $3500.00 euros 7 times the average turkish salary. agency guys, they already told us that dual kish citizens and i have very huge problems. they can't l. sam sells to rent flats. they come time because every one looking for foreigners. for turks like eunice, emory, the rents are unaffordable. the 26 year old teacher was afflicted from his old apartment after his property owner raised the rent fivefold. so he moved in with a friend you know, the homes and amazon, i used to spend about 10 percent of my salary and rent, you know, that's over. now it's at least 50 or 60 percent. if i can find anything at all. and

it is of an updated. now there's anger, especially at turkish businesses and property owners. after all, they are the ones benefiting from val, the russian clients were driving up prices. that's all for man of business. same hearing. belinda la from us at to our website. you know, we accomplish this by any kind of neutral by 2045. germany's public transport system is going green. is a good bye to the old bus sleep. no, they're converting to electric energy which present a technical challenge. is it worth it for the climate? absolutely. but what about for businesses made in germany? d w. m. in awkward reunion on the coat de zia,

ukrainian more refugees come face to face with pro russian oligarchy from their home country. they all flayed here. but whilst most of the refugees left everything behind the oligarchy. squat, there's 2 cases full of money. the situation is difficult to bear. focus on europe. 60 minutes on dw. ah, she's up to date. don't miss our highlights. the d w program online. d, w dot com highlights. i discovered stories that can change your mind just to click away. find

out best documentary on you to see the world. before i'm ready. slide now c w documentary with with lights at the flick of a switch and heating with the press of a button. we've long been able to take power for granted, even in the studio, but that can change in an instant. power cuts are leaving millions of people in the dark. more on that later i marina and shears. what else is coming up? because.