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tv   Business - News  Deutsche Welle  January 26, 2023 4:15am-4:31am CET

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winning stripes in just 5 days. dockman climbing the table once more and the young american is again, he said, take a look at all of the results of the mid week. round the bundle speaker. there's a fryeburg and frankfort. straw lever. couldn't beat bottom. ox berg snuck past glad bach. union berlin down bremond and as we saw dormant beat mines. leipzig thrush shall cup byron and cologne, shed their spoils. and so did hoffman hyman's that got votes bug demolished hat up . thanks for watching up next is with . she's up to date, don't miss our highlights. the d w program online. d, w dot com highlights mine. he's with using tech as
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our documentary series of founders, bellies, africa to meet the founders. empowering their continent through digital innovation, transforming work and living conditions in their country and inspiring with their ideas. on the belly, africa started february 13th on dw. ah, is tesla getting back into gear? the went, seemingly unstoppable firm, has been struggling to boost deliveries. but new figures show it may have turned the corner will ask if a law must say it's turning things around in germany,
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the tide is already turning. business leaders say they're optimistic for the year ahead. so why is the outlook suddenly so rosie and feeling powerless. south africans take to the streets to protest against years of rolling blackouts. this is data we're business on robots in berlin. welcome to the program. good news for ill unmasks comic at tesla. the company has beaten profit and sells expectations in his 4th quarter results while announcing that deliveries had increased over 30 percent year on year. the figures shortly follow the companies announcement that it was investing over 3 and a half $1000000000.00 in adding to new factories to it's complex. in nevada, it also recently slashed the prices are, is cars in the u. s. and europe, in an effort to boost deliveries, serial on mosque has also made headlines this week at repairing in court to defend against claims. he misled tesla shareholders us discuss test
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a bit further with our financial car on to new york. yes, of course am good to have you on the program a bit, a bit of a tricky time for tesla. just recently roll schaefer they in well, i mean overall they are pretty good shape. as you mentioned with the latest earnings reports that they beat to amended us the expect ations even if the initial an after our reaction on walter does a bit hesitant. that margin have con, come under some pressure, but overall yes. test lead to a certain degree has become an earthling. the stock has fallen a little bit of grace, even as a company still has the valuation. almost 10 times higher than general motors, for instance. but the competition is actually increasing, even if a lot of estimates show that for the years to come test might remain the biggest seller of electric you go, but competition is definitely catching up and it,
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it slices slash even the price is by of to 20 percent. just recently there any science without making a difference? well, i mean, it could have made a difference with margin so, so that's something we have to watch. i mean, with the price cut, especially here in the united states that actually might tell but to boost and sales. because if a test cars are cheaper, there might qualify for tax rebates, there with the inflation reduction in them of the biden administration. so it could be a boost to sales, but on the other side, it also could hurt margin. that's something we definitely have to keep an eye on. i did mention how long this has been in court this week defending against claims that his tweets deliberately tried to mislead shareholders at test. how much of a distractions about proving for the company? yeah, well i'm not sure if the court case in general is going to be such a big distraction. but the personality of ill on moscow certainly is. i mean,
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he was seen of as a star, and definitely he knew how to to play himself in marketing term. and that test lies. one point was worth about 1.2 trillion dollars was not just because test selling so much cars, but you had people just believing into the mask story and he definitely became more controversial and that didn't help the test. and also not the stock price that i mentioned, the $1.00 trillion dollar value ation that tests i had at one pine last year alone . the company last about $700000000000.00 in valuation. this talk is found by about 65 percent and 2020. and part of the reason definitely is all the controversial surrounding numbers we're talking about for extraordinary on the course a in new york. thank you very much. now jim and business leaders are beginning the year on an optimistic note would appear,
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according to the latest survey from the eco, even research institute ceos in the manufacturing sector here are expecting to see an increase in output in the month to come this despite continued concerns over the war and ukraine and further interest rate hikes, the figures follow other indicators of a more upbeat mood among german businesses and come a week after german chancellor. all our shots said he was, quote, absolutely convinced that germany would not fall into recession this year. so need, how rosy are things rarely let's hear from the president of the institute claims 1st we have been seeing better. they are coming in approximately since october. so the for index, for instance, has been increasing since october. and we have been saying for some time that the risk of recession is declining. politicians tend to be optimistic about this statement by thompson. charles just reflects the improve dates also the business like climate next data from
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e for that has been coming in for some time. suggesting that the situation may be better now what we will see next year is roughly stag nation in germany. so it's no positive growth. so no reason for excessive optimism, but the very negative scenarios we were discussing in the autumn these scenarios are now off the table. now let's take a look at some of the other global business stories that are making the news. all passenger flights in and out of berlin international airport happening can sorta stuff stage one day strike high a pay airport authority. they're advising the 35000 effective travelers to contact our airlines to re book flights. unions calling for a $500.00 euro a month, pay increase, and the justice department is suing google for its dominant solve the online advertising market, accusing the tech joint. abusing unlawful means to eliminate competition. move as part of the government push to rein in the power big tech,
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which is enjoy rapid growth over the past decade. now, another plunge in the value of lebanon's currency has been met with protests on the streets of bay route. lebanese households have been suffering through one of the hottest economic downturns in recent history. another drop in their spending power, as more than many a willing to take. the anger outside lebanon central bank is palpable demonstrators, bern tires, rural rocks, and call for financial reform. that's largely due to the fact that the lebanese pound has lost more than 90 percent of its value since 2019. 0 for, for this used to buy a kilo of meat for me and my kids. now it doesn't get me chewing gum. our kids are hungry. we're hungry. drop the dollar. we want to live, have mercy on us. no, no, no. i people protest, thou little is being done to mitigate the economic disaster. no jane, and i'm with him out to tell lebanon central bank chief,
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that their mistake and policies of let us hear, and that some one should be held to account. they should work to return the strength of the lebanese pound to what it was and return the country and its finances to what they should be better than many midway eliza mcgraw, one of those gathered here, have a few proposals restructure banks, implement capital controls and reform bank secrecy laws, a similar scene is playing out in a rock. rockies protest in front of the central bank, asking the government to intervene and the decline of the dinar. the currency dived after the new york federal reserve imposed tighter controls on international dollar transactions resulting and increase prices for imported commercial goods. but demonstrations here seem to have made some impact. iraq's prime minister replaced the central banks governor siding, his inaction back in lebanon. the governor of the central bank rashad solomon
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remains in his post. this is despite being accused of laundering public money to europe. and the country has yet to reach a bail out agreement with the i m f. a consequence of a government with a divide in parliament, adding fuel to a growing fire. now crowds of south africans also taken to the streets of johannesburg to protest against rolling blackouts. demonstrators marched on the headquarters of the ruling a and see party, south africans of had to put up with years of so called a load shedding where powers intermittently switched off deliberately to conserve supplies. state energy utility. s gong has struggled to keep up with demand and maintain the countries aging power infrastructure. the machines are still running at typical kudos. furniture workshop in johannesburg, but soon the electricity will be turned off. it's called load shedding of form of energy rationing because the country can't make enough. it's led to frustration
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everywhere. that has dorothy, ah, it would've been in business terms, indians, loss of income, less loss of revenue. and it affects my profitability in a huge way. today, the power has gone out 3 times. each time for 2 and a half hours. hulu can still run his smaller appliances of a generator, but the larger machines are down. now he and his team after work at night and on the weekend whenever there's enough juice. but that makes production more expensive and his customers aren't happy wanted that to explain to them. okay, fine. the cost of anal becoming immaculate and it's beyond what me and you had actually just to make your product alone. i'm suffering a 30 percent loss. it's not that big. we had an agreement. it's hard for cooler to deliver his products on time and even to pay his employees. lot,
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shedding has become a massive problem for the south african economy at home, however, many have gotten used to it and learned to manage the daily blackouts. like the cook normal family, they know what to do, keep the most important devices charged at all times. an app keeps them informed about when the grids turned off. today no children, 3 times, one at 2 in the morning been 10 and again now it's 6 o'clock until office even. that's what we rely on. tracy, this is the stage. these are the outages and are pretty accurate for cooking this switch to gas. sometimes they even had to rely on a little camping stove. the fridge and freezer can handle 2 or 3 hours of being turned off. extremely important though, is enough light, no matter how demit is. make sure that you have your illuminate illumination sorted out 1st because it does affect the spirit. so everything goes dark for
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a moment when the lord shedding begins. but soon after solar charged lights go on, you and the family carries on. oh, do you know the good side is that i can spend significant time with the kids. we bond, i get to see them live in. we're more present now that there's no screen there playing board games instead of watching tv. at least that's a good way to handle what is otherwise a serious crisis for the country. that's all for me in the business team here in berlin, if you would like a bit more from us, you can head over to our website, d to we dot com slash business until next time, thicker conflict zone with a rash. banner g. belittles has to hold in russia since the start of the war in ukraine. what is the support of the sector escalated into something more active from up to be our shortcut? these chief political advisor to berlin, ocean,
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opposition leader fripp lamasta's office. kyra, she claims to be the national leader of bella luce. but holden, the gentleman, is her claim with d. w. what do birth control pills have to do without wits? this is where the nazis experimented with contraceptive methods subjecting women to unimaginable cruelty under the guise of science. only the last, the survivors tell their story. she knew that to me, made you know, switch the untold story of block 10 in 45 minutes on d, w o, a
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parent g, more people than ever on the news world wide in such a better life on the bus. and so it as a committee god, the hello goes. yeah. actually the man. yeah, this is america unknown to god bagley or for the bench to okay. the still nanda donation one back to the gun. find out about rubinez story in some migraines. reliable these full migraines, wherever they may be. belittles has supported russia since the start of the war in ukraine. it's provided weapons, military bases, and logistical support. but is that support set to escalate into something more active in boucher cited. there is a consensus that we don't support this war. that bill of our mission not partition .

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