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tv   Business - News  Deutsche Welle  January 4, 2023 3:45pm-4:01pm CET

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also coming up as a shares tank again after a disappointing financial report. the downward spiral comes amid report. the ellen mosque has a new 2nd in command. we'll get the latest from our correspondent in taipei and digital. no month are flocking to portugal to work in the fun shine, but not everyone welcome their arrival. this is dw business. i'm kate ferguson. thanks for joining me. we begin in israel, where business leaders have warned that the countries knew right when government could deal upload to the country with tech industry. they're concerned about appointments, such as finance minister, pat fellow, snow it, who is the head of the far right and proof that the religious sinus party in a recent letter sent to prime minister benjamin netanyahu. hundreds of tac leaders and investors maintained that new laws are voting in minority rights and limiting the independence of the judiciary could deter investors under pros undermined
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confidence in israeli democracy. for more in this, let's talk to yes, yes, even he's the founder and ceo of i 8 ventures. our platform focused on innovation. yeah, so good to see you please. can you tell me why is the tech industry so worried about this new government? well, thanks for having me and thanks for taking upon this very important issue. we are a very small country. we are extremely dependent on the high tech industry and the high tech industry by its nature is a global industry. we are extremely excited about open ideas. we're extremely excited about selling things to the world. if the government is too focused on in shuler and small issues and this religious issue or that religious, or it's a full blown conflict with the sector that is actually paying for everything year in israel. so the tension is rising. okay,
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but i'm not know how realistic do you think these concerns are about a corporate accidents coming really be thing that's absolutely it's, it's very easy. you know, it's not factories. it's people. i am sure many of the companies here in israel, both the israeli companies and the international, are firms that have, are in the center is in is, are a, have a folder which says living is really, i'm sure of it. and if the government of israel is not careful enough, and it's not because they don't like israel or it just that they're going to make a decision. why? why make life so complicated? we can move things on to places and people will move, you know, the jews are very good at moving. so i think the government really needs to pay attention to this. ok, so on the free, a huge number of issues going on right here. and in sales tax sector is of course a very important engine of growth. and how is prime minister benjamin netanyahu are
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responding to these concerns? i am sure he is well aware of these issues and he was one of the people that instigated and created the high tech sector in israel. and i am actually sure that he will worry about this and make sure we may not hear it out loud because of politics. but i'm a 100 percent. sure that it's on top of his mind to maintain the balance between the local issues and the government is really right wing and the global interest, which are the key for the success of the high tech industry in his role. okay, so it does look like that us, our politics are on a cleaning course, i guess. even thank you very much. thank you very much. great to be. thank you. now to some of the other global better stories making is asked. yes, sandra som, bucklin fried has pleaded not guilty and among hot and court charges that he
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cheated. investors looted customer deposits on his crept a currency trading platform. he's currently free on a rack or $250000000.00 bail. a tentative trial date is set for october. microsoft is reworking its being search engine using the artificial intelligence powers the shot up known as shot g p t. like to talk to and open a. i recently formed a partnership with the hope of challenging google's, a monopoly on source engine more markets in pakistan, our shop to shop by 8 30 pm as part of a new energy conservation long aimed at cutting costs. the news has angered traders who say the move could ruin their businesses. most of pakistan's electricity comes from imported fossil fuel l n g. now, electric car giant tesla has begun the year with a further dramatic flight in value. shares in the company dropped more than 12
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percent in tuesday, trading the full coming at a time when c. e. o. l and mosque is preoccupied with his acquisition of twitter. it's the continuation of last year, the downward spiral, when the company's share price dropped more than 65 percent, she large lead to performance, not matching investors expectations. tesla actually sold 1300000 cars last year that was more than ever before. but instead of 50 percent, growth sales increased by only 40 percent compared to the previous year. and that has led investors to worry that a florida and could be on the cards in a further development waters is reporting. the tesla has a new 2nd in command with tom jew who's been leaving the company's china operations being promoted to lead north american and european sales. now earlier i spoke to our correspondent, you 10 lee in taipei. i began by asking her who tom ju, is and what his promotion could mean for tele tom to has been keeping
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a really low profile since he joined tesla in 2014 and one chinese media i'll lead described him has an extremely hard working person, almost workaholic, and article even said that he flies to the u as to brief you almost every 2 weeks and reply to work messages at 3 and 4 a. m, and even slept in shanghai. st. planned during the covey locked down on bud under his leadership. china is now up his last 2nd largest market in the world. so i guess tesla will comes his dedication and efforts, and he is expected to probably boost the tesla revenue after a took the one to year. okay, why so he clearly an extremely hard worker and he's been in charge of china operations during a very difficult time. how do you think that experience could shape how he manages
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the north american of european markets? as we can see that in china, like under sue's leadership light on the shanghai like every bow this strongly after cove is like 1000 an are some sources in the car industry also said that the young highs factory performed the best. and mon tesla us other plans, so i think he is expected to our, strengthen our, the western market after his promot promotion. and, but one thing that deserve some attention is that the working cultures cried their friend between the u. s. in china. so whether or not he can continue his management or leadership style in western areas could be something that people to like keep watching for now you turn, i'd love your personal take on this much has been made of this idea of, you know, being 2nd in command to mask, especially at
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a time when mosque is very distracted by his foray into twitter. how significant do you think this move is? yeah, as you mentioned, like the timing of service promotion is widely disguised because i many people believe that r e long mosse focused very much on twitter. so tesla's investors are actually calling for a new c, e o. and just a couple of months before. and there is a rumor that on tom 2 is actually going to take that position, but at the time many dollars are, are, were skeptical about the news. but now i think the atmosphere is changing because many people believe that are the late is our promotion of our tom to indicate that a higher possibility of elements are being replaced. so i think this is erskin. there can move that people can are keep their attention on. all right,
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you turn the entire page. thank you so much. portugal, sunny weather and nuclear of tax breaks has made the country an increasingly popular destination for digital nomads. but locals in cities like lisbon are less than enthusiastic about the new kind of migrant worker driving up the cost of living. not far from this memorial for explorers and colonists that left the shores of lisbon centuries ago, a hot spot for digital nomads is flourishing. davidson's is a good to have is over the past 56 months. i've worked in madeira munich, manheim on con canaria cape verge, o and hamburg, and berlin, william. and now the now portugal. lisbon. felix is a software developer for a company in hamburg. he's in home office, but without a home to many digital nomads, lisben is a welcome stop on
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a never ending tour. when we've done a live, there's a community for me and i know i can meet some friends and find new ones to this place is much more interesting to me than sitting alone somewhere in berlin, lining up reading lots of sunshine and a relatively low cost of living have made portugal and attractive place for this workforce. and now the government supports the movement. offering visas and tax breaks. wonder silver is fully on board. she is renting out $33.00 rooms and no matter. very boston, why fi? why is it important? because they worked remotely, a one bedroom where the bathroom goes for $1300.00 euros, a lot of money in a country where the minimum wage is only 705 euros. the nomad workers are bringing money, but also problems. the housing market is heating up. us of him, sketchy was always, it's getting harder for young people in portugal to find a place to live. the prices have been rising a lot at cooper. my hoover and bought sugar is far from done growing even more
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hosting a vet summit in lisbon with 70000 techies in attendance. we got up with the country's prime minister to ask how he wants to deal with the problem is if you will have to work on salaries as well as the housing market and we have to focus on young people . so they see a future here. this it's pretty weighed. portugal wants to make itself ever more attractive to digital nomads, but there's a few problems. the country still has to navigate. and finally, elephants have always had celebrities stations in thailand, and now they're even entering the realm of online influencer. elephant owners are hoping enthusiasts will swipe right for cues, elephant videos. the countries, 3000 privately owned elephants have traditionally proven and draw to tourists. but now, as some owners are hoping to attract a new online fan base, i live streaming the animals playing with balls or walking the streets. elephant
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lovers can show their support by leaving a donation online. and a reminder of the top of the story where falling for you this hour in israel, business leaders have warned that the country is new, right. when government policies occurred to deal a blow to the country. it's tech industry that wraps up our show from where you can always go to d, w dot com slash business. we're also on the adobe news youtube channel for me and the team it's good bye. thank you for with
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with they were underestimated and discriminated against that they have proven themselves female entropy, nose and india which is the secret to their success. what, how do they do come and what do they need to achieve? true equality made in germany in 30 minutes on d. w. o. how many push it out in the world right now to climate change?
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very often story. this is my philosophy when one week how much left can really get we still have time to go. i'm going all with 5th. subscribe for more with india. a lot of contrast of ambitions of inequality. 75 years ago, mahatma gandhi peacefully led the country to independence, full of ideals. what is remained of his vision? what's the status of human rights and social justice in what's called the world's largest democracy? willie cindy ahead. it is the pulpit to unleash our long violet
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pass and re imagine these teachings or elements to gandhi's legacy starts january 28th on b, w. ah ah, this is a double the news live from berkeley. the european union can see this covered 19 restrictions on travelers from china. countries which already test arrivals want the measures extended across the block a line so that would not stop the spread of the current of ours. also.

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