tv Business - News Deutsche Welle December 2, 2022 4:15am-4:31am CET
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on google play all from the app stole apple app. so that'll give you access to all the latest news from around the world as well as push notifications full. any breaking news? they're watching d. w. news life from berlin. stick around because coming up next is all the latest business use with my colleague rob watts. i'm bringing them home. it's beth watching. i'll see if she's up to date. don't miss our highlights. the d w program online. d, w dot com highlights. when you become a criminal pre climate, oh,
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great news with hackers, paralyzing between your societies. computers that oh sure 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, president biden moves to ease a trade spots with a you. during a visit from french president and manuel micron. he suggests tweaks to his plants as for us, green tech could help accommodate european businesses. will get the latest from washington when it was once one of the soviet union's main wine making regions. but
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here how moldova is now turning its back on moscow. this is due to be a business on robots in berlin. welcome to the program. u. s. president joe biden has sought to allay e concerns about transatlantic trades during a visit from the french president and manuel mack wrong warned that president biden's inflation reduction act threatened to remove the level playing field for european firms. legislation offers support us producers of computer chips and renewable energy tech. you says that as a result, european businesses will suffer in a joint press conference between the 2 presidents, joe biden struck a conciliatory note. so there's tweaks that we can make and fundamentally make it easier for european countries to participate and or be on their own. but that is something that is a matter to be worked out. there is no fundamental,
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there was never intended my road to legislation, never intended to exclude folks who were cooperating with us. that was not the intention. well, it's close to our correspondence in washington, mikaela mikaela, a biden appeared to suggest the inflation reduction that could be altered that to help your p and businesses is that good to diffuse a bit of the tension across the atlantic? well, it certainly gives friends present one work or something to take home and to say, look, there is no intention of harming you of businesses at all that this talk of tweaks . and i noticed that this is being picked up a lot, but the big question will be, what does tweak actually mean? will it mean that they will try and alleviate the effects of this bill or where they really change this bill and take it back to congress? this was a bitterly secured victory of re narrowly secured victory for
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u. s. president biden. in he just saw his democrats lose a majority in the house in the mid terms, and he is already looking at least with one eye on the next selection. so i very much doubt that he would do anything that would take away from job growth growth here in the us, and he would try and damp and the effect for the youth. now a task force is supposed to come up with some details and i think those details will matter a very great deal. and only then we will be able to tell whether this was more symbolism or actually a concrete concession because those jobs will be created once this or the other side of the atlantic. what our president biden's thoughts on the use concerns about the policy? does he think they're justified? well, he said he wouldn't apologize. the u. s. never apologizes, but that there were effects in this legislation that were unintended. at the same
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time, he also clearly said that the europeans are on their own. they can, you know, they can themselves take action. so the ball seems to be in the european in the french court now because they did not draw up that kind of package with the explicit aim of actually having that green drive from mobility produced in europe. they have other packages, they have the recovery package from the pandemic, but they don't have this kind of package. and i think there is quite clearly a view here in washington that the europeans need to do their economic homework as well. meanwhile, president mack, i guess, to return to france with this or tweaked line, i will consider this trip for success. he is a leader. he is in the business of only bringing successors home. it is
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a success actually on another level because he was described by joe biden when they sat down in the oval office just before all the stocks are being pulled out here for that state dinner. as a leader of europe, joe biden almost swallowed the word a he sounded like you were a leader of europe. so in my call is very much increasingly being perceived as such a particular against the backdrop of a lot of criticism of the german chancellor assaults and his perceived in action over ukraine at the beginning, although germany is certainly stepping up, its efforts has been recently greatly stepping up its financial and military aid. so yes, this is a success. this builds his credentials as the man to call when you want to talk to europe. i can't hillock if nor in washington for this. thank you very much. now let's take a look at some of the other global business stories making the news international
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monetary fund, chief crystelina caregiver says the cost of keeping ukraine's economy going has risen. next, she expects the country's going to need 3 to 5000000000. your is a month. next year, yoga says russia's invasion has had a wide spread impact affecting food and energy prices globally. and the former ceo of crypto exchange f t. x has denied committing fraud and apologized for the mistakes in the collapse of the cryptic currency giant. in a video statement, sam, bank and fried, said he did not deliberately mislead investors who have been unable to withdraw their funds from the bankrupt. now moldova has a proud history of making wine and was once one of the soviet union's main why i'm going regions. now it has ambitions to join the e. u, and hopes to one day trade on the same terms as europe's greatest wine producing
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nations. however, war on mulder's doorstep and an economic downturn means these are tricky times for the countries. vineyards. lots of sun and little rain. 2022 will be a good winter to mold or but the harvest workers have little to gain from this. they earned the equivalent of 2 euros per hour, which inflation at around 30 percent, not much remains of their wages. the flood the door lawn appropriate before to lay in albany. can you imagine that you might go to a store and you'll get only a small piece of sausage for 40 lake. tell me if you're because up to low wages, many young people are leaving the country. not yesterday, all had already talked about emigrating to work as a harvest worker somewhere in europe. but she doesn't there. take the step
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do our work here and we have something to do every day, like i have no reason to complain. it's going very val is elliot in was part of the been wind roving, has a long tradition in this former soviet republic. the climate is favourable. large puzzled country have the fertile lexi soil. wine is one of mold or was most important exports, state winery militia. missy produces large quantities of wind for foreign countries . in the past, the country's largest customer was russia. but since mulder was relationship to the european union strengthened, moscow has boycotted waldo and weiss, these are difficult conditions for markets. victoria delgato, she mentioned the start of her carrier, would be easier. ha, we're having to deal with a new form of international protectionism. so it is difficult to make forecasts, especially if we look at the current international situation with war and ongoing crisis. but we need export markets and they need to be as diverse as possible.
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drivers have them want ramp. cod is the wise seller. it's one of the largest in the world, around one and a half 1000000 bottles of wine are stored 70 meters underground. rhetoric bugle has found new markets in japan and china. but the competition from italy in france is fierce. as soon as rush us war against neighboring ukraine is over. she hopes for more tourists that is not a commitment of ours and is still an untapped industry in moldova. financially 2019 was a good year for tourism had been that were trying to promote wind tourism focusing on ecological and active tourism. the nickel. i'm a pin that is nikolai chilla. despite the challenges she hasn't given up just top winds and the most unusual wine cellar in the world
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to an hour and a success story made in viet nam. the electric comic a vin fast was found as any 5 years ago and is already supplying vehicles across asia. now it's cars are reaching a major new market. it's the 1st ever shipload of cars to leave vietnam for the united states. the head of the company has a simple explanation for why there are exactly 999 of them. everything we knew had to that that have the lucky numbers. so we pick 999 cas. vin fast is vietnam's biggest success story. even the prime minister came to celebrate this export milestone. the car factory and high pong was only inaugurated 3 and a half years ago. the company, exclusively manufacturers, electric vehicles, and its planning factories in the us and europe. vin fast says it won't be
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deterred by the us inflation reduction act that was passed a few months ago. among the things the act favors us, battery producers with tax offsets that are not available to foreign manufacturers . i came as a surprise to, to, to all of us however, doesn't really impact our strategy in the us. we as soon as we have, we start manufacturing in the us. our customers wouldn't be eligible to the $7500.00 taxed. incentive vin fast offers a 10 year warranty on it's vehicles and it rents its batteries. so customers don't have to worry about them. it's a gamble for the company. but fin fast has a history of lucky payoffs on big beds, washing data, we business,
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a reminder of the top business story that we're following for you this our yours present. joe biden has sought to allay you concerns about trans atlantic trades during a visit by his french counterpart of math chrome had warned that the us inflation reduction act threatened to remove the level playing field for european firms. biden says, i can now be tweaked myself a man of his team here in berlin for motorhead over to our website to a dot com slash business. you can also find us on the d that we can use youtube channel as well, and were on facebook as d to be docket. so next time is the end of the pandemic in site. we show what it could look like. return in the normal and we visit those who are finding it difficult
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with successes or seen. you know, we're weekly copays 19 special next on d. w. boiled brings in the money. but what comes after? in bahrain, they can already gas luxury, real estate, party tourism cosmopolitan isn't how this small desert state is reinventing itself. bahrain party capital of the middle east. in 45 minutes to live with a reporter tracks down the arctics. major players with who see about
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begins a dangerous game. people overseas that yeah, we are here. we're patrolling area now, the cards are being re, shuffles, who has the best handed? russia is a quite active economic in the arctic. if you see something that looked like james bond, it has to do with the military. he picking on starts december 23rd on d, w. ah, during the 1st 2 years of the pandemic, the w h o estimates that 145000000 people in the world contracted long cove. it this disease encompasses a huge range.
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