Skip to main content

tv   Business - News  Deutsche Welle  December 3, 2022 4:15am-4:31am CET

4:15 am
a deal of can't tell you that we'll have to go the other way. i can tell you that the situation can change in a matter of hours is mona low as a rupture may last weeks is not only spectators, but also scientists who be watching closely. and watching dean is live from berlin. amanda can also find much more news analysis and video on a website that is d w dot com. coming up next is all the latest business with my colleague robots. i'll see, sims, i'm with t w's crime fighters are back that africa. most successful radio drama series continues kind of all episodes are available online. and of course you can share and discuss on d, w, africa's facebook page, and other social media platforms,
4:16 am
crime fighters, tune in. now. we're all set with the to go beyond, you know of yes, with all him as we take on the world. i, we're all about the stories that matter to whatever take relief meant following with me on fire made for mines with ah, your of prepares for life without russian oil shipments with the e use embargo just days away from taking effects. russia seeking waste, get routed, us employers keep piling on the jobs and wages keep rising,
4:17 am
but investors are celebrating. we'll ask why, hey, how germany is looking to liver lies. it's immigration laws, it tries to fill in the gaps left by an aging. what is the state of your business of what's in berlin? welcome to the program. the u. u has long relied on boats to deliver it's russian oil. but as of monday, those shipments will fall under embargo and will stop by early january following a grace period. many russian oil tankers and now heading towards asia instead, but can asia make up for rushes? last business. when an october, russia exported almost $8000000.00 barrels of crude oil and oil products such as diesel per day, 2 and a half 1000000 of them went to the european union. the bulk of it by c was since the outbreak of war exports to other countries have also surged in october alone. russia transported the equivalent to one point. 1000000 barrels of crude to india
4:18 am
every day in january was just 100000 barrels and crude exports to china have also increased. many experts believe that as the embargo approach, as russia is gearing up to ship more and more crude directly to asia. but half oil tankers in europe biggest board, they have lately become sought after commodity, the hunters on to buy up the rust buckets of the high seas. for transporting rushes oil, we're seeing a lot of vintage tankers, which otherwise would probably have been demolished. haven't you leased that life? they're hiring them from these companies in the middle east, turkey, and southeast asia that have been attracted by the vast profits which were available to transport russian oil. second hand tankers. i don't like 2nd hand cars . they come in all sizes, ages and price ranges. russia has been building up a shadow fleet of these ahead of the embargo. are the economists at brussels
4:19 am
thinktank, google monitoring the development of russian oil exports. as of early next year, europe, we mostly get rid of it imports of russian on which will make a lot of pressure on available to the global market. this is increasingly exported to asia barkley, by using the shadow fleet. in any case, moscow wants to circumvent the oil price gap for non u countries. a measure it's rejecting. they will not be able to re direct all the flows from europe to asia because there are a number of infrastructure to bottlenecks. they will still be able to export significant amounts, which means that not much of the rush and production might luthey mentally be compromised. but the price of transport for russia is rising deeply in the situation. so at the moment we see them taking long journeys to get to asia via the
4:20 am
northwest europe, than through the mediterranean, down through the suez canal, and then onwards to india or to china, the water to go. companies working in this great area market can earn up to $350000.00 a day. it is one of the unintended consequences of the embargo on russian oil. well, let's discuss the embargo on russian oil further with libya, colorado who is a senior oil markets on list at energy asked by fence a lot. joining us, livia we've been just saying how rushed in buying up these old oil tankers to just to transport morrow to asia is really going to be able to get around this embargo from the well, i do said there has been a lot of buying a t p in the so called black markets for tankers, or rather, the great market i should say. and definitely seems like russia and entities located sort of in the middle east story now asian countries. i've been able to
4:21 am
gather quite a sizable feet of tankers that would not be linked through european union companies or entities. but they will definitely be able to use all of the best sales to loads russian crude. initially, at least the problem will be at the journey times, which typically a rush of cargo going from the russian ports to europe. it's, it's a journey that picks couple of days to week. now we're talking about moving cargoes over several weeks. a mouth plus, potentially, depending on the destination. so it will take a lot longer to get this congress to their destination and it will take a lot longer to bring back the ships to load them again. so while initially you would probably see the system working out quite well, what the papers are in the water peak would probably struggle to find even more
4:22 am
vessels to load. and therefore you might see loadings fall sort of later into the beginning of next year. and another thing that's russian ship are going to have to contend with is not being able to get you insurance is not going to cause a big problem for them. well that is definitely an issue because you, when you k insurance account for about 95 percent of the global insure market for shipping. and but i would say that the most significant thing for russian could production and exports is the u. s. article for us, that is what will have the largest impact on russian crew and products. and because we do also have products embargo kicking in in february and the band insurance complicates transactions to 3rd party countries. but because there is the blackfeet tankers at the moment, so that do not need to rely on european services. it will not necessarily have the
4:23 am
biggest b, u and bible is much more significant. livia colorado from energy aspects there now? so the united states and another month or strong jobs figures, us employers again added over quarter of a 1000000 positions during november. meaning unemployment remains close to a 533 year low. firms are having to offer ever more attractive terms in order to secure worker's with many more vacancies, done available. job seekers, average hourly wages rows more than 5 percent. as well as discuss this further with our financial correspondent, new york, sabrina kesslin. sabrina, how are you? s employees managing to keep adding hundreds of thousands of jobs every well, we still see lots of pent up demand, especially in sectors like hospitality, for instance, or an education to the hardest hit sectors during the kinetic which now see
4:24 am
a prolonged rebound. so to speak, which more than 10 milligan job openings overall here in the us. having said that, we still yes or no. let's say that way. we see a decline in job growth over the last a month. remember in the 1st half of a 2022, we had job growth, all 450000 jobs every month. now it's almost half of it still be unemployment rate, however is around 3.7 percent. so the labor market is still strong enough to east recession fears. why is a growing the group for 5 point one percent during the last month as good news for the people who got jobs. but it's not going to us to, well, where you all are, the investors are on the new york stock exchange or what they should say word about i mean, just look at the market today. we had a steep decline in the 1st half of the day, although we managed to regain some ground later on. but what this tells us is that inflation is far from over and the yet in vessels still very that the fat will
4:25 am
stick to its aggressive rate hike. policy was more likely though, is that we yeah, we'll see. i think a 50 basis point rate hike in december and then a coming up more moderate rate hikes in the upcoming and near is a year. so less aggressive overall but still yeah. hot enough high enough to drive the peak rate hikes up to 5 percent next year. like as a rena kessler at the new york stock exchange for us. thank you very much for the update. now the german government is drafting new plans to smooth out the entry process for foreign skilled workers. it's a made the company say is long overdue. the country's aging workforce is a growing liability while positions and i t software development on a tourist li, hard to fill more companies. now looking abroad. i help. ah, one year ago i shy more re came from india to germany in state language is
4:26 am
the main barrier. but if you compare it from other countries, then i find the country as good. people are good. the only thing is this german thing that language and you have to live in the starting. i was doing it with revealing maybe even 3 to 6 months. i will be comfortable to speak enjoying i. it's not an easy thing figures. oh is this men helped him? chimney doctor knows both cultures. he came to germany decades ago as a mechanical engineer. he's turned his experience into a business and now finds indians. specialists like are shy for german companies. they pay up to 5 figures, samson commission for a service, and they can't find enough suitable applicants in germany and for foreign software developers. for example, from asia, germany's very attractive. i shy moreno works at this start
4:27 am
a programming online stores for the boss. it's important that he can communicate with his employees face to face puffing of invalid ricochet off. the reason why we bring our employees to germany, they work alongside the germans software, develop us. it's very important for us to discuss everything as the teen team off quote, some bigger office, present them more and more indians coming to work in germany like russia, moray, europe has a particularly good reputation among indians and fresh graduates. i'm more than plenty fool staying in germany now and just finally here. and either we have is this a self portrait by german expressionist max beck man has smashed germany's record for a painting after effect. 20000000 euros at auction. he work self portrait yellow pink was sold by berlin auction house filler grizzle back, which says it hopes the sale will boost the country's arm market. the previous
4:28 am
record was that by another back man piece that sold for 5500000 euros in 2018. sorry about quarter as much. the artist painted self portrait, yellow pink in amsterdam after playing nazi germany where his work was branded as degenerate r. that's all from the business team. hand berlin from audrey had over to our web site. it's d, w dot com slash business. we're also on the data. we use youtube channel as well. i don't facebook as fee to we don't the business. so next time i can artificially go nerve tissue and fresh scraps from the butcher. could these components to replace animal testing a swiss institute is using them to investigate pain signals in common
4:29 am
diseases, a new direction for medical research hope tomorrow today with this train will take you to a sweet paradise. and if you could just mel it's delicious aroma. every year residents in which in town beg and bait and construct the largest gingerbread town in europe in 60 minutes on d. w. with shell filled with explosives, a symbol of power,
4:30 am
rebellion and sensuality. wound by royalty and icons. the like a magic wand to browse through divorce guy with a colorful cultural history. secret weapon lipstick. dogs, december 3rd, on d, w. hermaphrodite, fish, homosexual birds, old pony, amorous monkeys. humans are not the only animals with a mix of sexual preferences plus a birth control pill for men is homeowner contraception for him. finally on the way .

26 Views

info Stream Only

Uploaded by TV Archive on