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tv   Business - News  Deutsche Welle  January 23, 2023 10:15pm-10:31pm CET

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ah, one minute later, david selina level 4 ellsberg once again and in the in geo raina save the day with doors mid. the assist came from jude bailey now endorsement escape this roller coaster ride of 7 goals. on top right, you're watching the w news from berlin. rob watches up next with the w business, the stick around people to rec, back. i'll see you tomorrow with enjoying the view. sh. come take a look at this. our tv highlights every week in your inbox, subscribe. now. mine is with getting ahead, using tech as our documentary series and thunder valley,
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it's africa to meet the founders, empowering their continent through digital innovation. to transform work in health and living conditions in their country. and inspiring the world with their ideas. founded valley africa started february 13 on the w. ah, cut backs at fords, operations in your it. american carmakers proposed to be laying off thousands of workers, mainly in germany. we'll delve into why and it's no laughing matter here. how a mild winter is proving problem. the your ski resort is need of your
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business on robots in berlin. welcome to the program. now ford is thought to be planning to slash its workforce in europe. unions representing the american carmakers employees in germany have told workers that over 3000 post last, the company says it needs to be more competitive as it ups its output, electric vehicles, some of force, product development work in your look set to be moved to the u. s, before it isn't the only big u. s. listed company laying off employee spot if i is also announced that it's letting go, 6 percent of its staff at about $600.00 jobs. at the end of last week, google parent company alphabet announced a massive 12000 jobs will be cut part of a trend, riffling through major u. s. firms as they righty. ongoing economic storm. let's get more on this from our financial correspondent in new york. yen is caught again
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the let's begin by talking about fort what exactly is the thinking behind these job cuts and why specifically in europe? well, i mean, the global car industry, i would say in general, it's experiencing a huge shift firm. as you mentioned, towards electric vehicles. as far as i understand, you need less workers produce those new type of ford cars and then when it comes to your, oh, well, actually ford had already announced some layouts that we were talking about. a couple of thousands of jobs in the united states last year. so now, so to speak at this in europe sterns and then on top of it, also some of the vehicles that ford for youth in germany are smaller sedans. and those cars are not so much in favor anymore with fords management. they're more looking towards bigger as you vs, or as you mentioned, e v. so, so this is a part of the reasoning why we see those layoffs now in europe. and yen says spot
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if i a swedish company with us and listed on the new york stock exchange, the latest tech phone to announce job cuts. it isn't the story of a post pandemic downsizing it evidently in durham, if you talk about the stock being traded here at the new york stock exchange at the past 12 months. the stock price is down by about them 50 percent, so they can see that there has been a some, a pressure for a spotify in the past couple of months. the management itself was saying that it might have been to ambitious in the pastor too much investing, actually, operating costs were about double the revenue of spot 5. so that obviously is not a great combination. therefore, we're seeing those job carts that part of the story is that may be all those digital companies that boom. so much, sir, during the pandemic, are not so much in favor any more as people are spent their money elsewhere. but
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then also part of the story is that was all those rate increases from the federal reserve. for instance, money. it's become much more expensive for cooperation. so now they're starting to cut costs. okay, ends quarter in new york for us. thank you very much. now croatians are getting used to being in the or his own. at the start of the year, croatia became the 20th country to join the single currency. the government in zagreb had hoped that the switch to the euro is and would help combat historically high inflation. many correlations are convinced just on the opposite. this is the old farmer's market in zagreb. it's where residents of the creation capital get their proud use. but as sweet as the apples might be, the new euro denominated prices leave a bitter taste for many customers. i am wont be down the realistically, everything became more expensive. i was just at
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a store now and the prices of everything had gone up in our nol bed. they would have, they would, they said they would, they had they said though, so i asked them was them? oh, milk eggs. i guess all of the braces her lead up really high with a start of the year of croatia became the 20th country to adopt the euro. it replaced the kuna at a ratio of 7 and a half to $1.00 price hikes were not supposed to happen. but analysts in the country have said that some shops have height prices by up to 50 percent. government inspectors said that they'd check $1000.00 stores and found unjustified price hikes at around a quarter of them issuing more than $240.00 fines. but some customers aren't panicking yet. mason that li. i think all i talk about price hikes is a bit overblown. of every single country they'd introduce the euro had problems like these. we need to start thinking in euro 1st, instead of converting from coolness. it more that the era for now price hikes are
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the last thing, creations need given the countries double digit inflation rate, even before the new currency was introduced. as take a look as many other global business stories, making news, brazil, and argentina and talks to introduce a common currency. brazil is present lula. the service just calling it the so which means it south. the aim of south america to largest economies is to boost regional trade and to reduce reliance on the us dollar. defense finance ministers warned that the country's financial situation is becoming increasingly precarious. japan's public debt is and double its annual economic out by far the heaviest burden in the industrialized world. it's becoming a problem as inflation is high yields rising and interest rates are expected to follow. and germany will join a new hydrogen pipeline project linking portico, spain, and france announcement was made during german chancellor, the german chancellor. the trip of shots has been in paris. the 2500000000 euro
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project. good. h to med was the by 10 percent of the hydrogen demand. it's expected to be operational by 2030. here in europe, we should be hitting peak ski season, but many areas of only just received their 1st snowfall meteorologist. se global warming means it's something we're gonna have to get used to. so are europe's ski resorts ready to adapt? our reporter laws halter has been finding out. you can see the alps from here within a few years, only the highest peaks will have a virtual snow guarantee in winter, in lower regions. like here, norbish dolphin snow is exceedingly rare. and never has that been as little as this winter, green meadows everywhere. not exactly what tours, so looking for most cabins on the cable car are empty and those who booked a week of fun on the slopes hadn't changed their plans. emer, my phone number,
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she usually i do ski and snow shoe tours all winter long. now i'll have to find another way. well, i'll just hike then him get motor force. fine again. we love skiing. well, hiking is okay to, but i'd really rather go skiing. you found one or 2 drama. the whole cut, the regions highest peak still offer some snowy adventures, but the main attraction is out of commission. because even up here, there's not enough cover for the sledding track, race digging on should it ordered by hours. letting track is a big deal here. it's fast to takes balls to it's pretty steep and almost 5 kilometers long kilometer long. this season's sledding fun is not quite as long as the nearby huntley cable car. they've made just enough snow to at least heap some kids happy and better yet. there's even some skiing possible if only for absolute beginners as me,
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i'm here with made some snow limited to this one location and we were able to offer skiing lessons for lab for a bed ascii us. you can't get around that too, and it's just not enough. i was not super understood in the algo region. well, come some for 1000000 visitors every year, making tourism the main business here. winter accounts for a 3rd of it. naturally climate change has people worried, a strong showing between november and february is key to the survival of shops, restaurants, and hotels. some of them are already busy preparing for future seasons without snow . but his father can any dusty get usually our guests come here for skiing. is that this year that was impossible due to a lack of snow blind in some way. we're expecting more of interest to be like this . we can count on snow any more than a tree inside. that's why we are investing in other projects like this kits. playground, so that we can keep our guests entertained anyway,
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had an orange one to hide the kernan. the hotels new adventure playground has just opened. more projects are planned and some summer attractions can also be extended. like the up c coaster, germany's longest mountain run. that sense you downhill at really high speed. it's as close as one gets to a real down hill adventure this winter. and just lastly, a technological step forward. this cutting edge technology you can see behind me as helping people to regain their mobility. it's recently received regulatory approval in the u. s. and is french developers have high hopes? saw louise costanza has a very good reason to be cheerful. his 16 year old son, oscar, who's normally in a wheelchair, is walking towards him. using one of his inventions, a robotic exoskeleton called out
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a lot. in some toughen that down, there are 3 of us who are the founders of one to craft which was founded in $2122.00 of the founders, including myself, have loved ones in our family, in wheelchairs and a lot for me it's my son, oscar, and one day he said to me, dad, you're i robotics engineer. what do you make a robot that will help me to walk into the hammock? oscars? neurological condition means he can't walk on his own. but with a simple voice command, with the exoskeleton lifts him from his seat and moved his legs for him. and then we'll walk. it's new for me because before to walk i always had assistance . and now i no longer need help. so i feel independent or did it was from us or to noon. the self balancing device recently received approval from the us food and drug administration for use and stroke rehabilitation. the $220000.00 exoskeleton
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has been sold to hospitals in luxembourg, france, and the u. s. one of its testers is kevin p. h, who became paraplegic after a motorbike accident. this was ranked among it as an extremely pleasant sensation. i can look people eye to eye when usually i'm below them. so that's very comfortable with the wander craft is still working on a lighter version to sell to individuals. it's getting there one step at a time. so from us, by more colorful, more digital and more sustainable the consumer electronics show in las vegas. the industries 1st so case this year featuring the mobility trends on tomorrow,
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