tv Business - News Deutsche Welle January 27, 2023 4:15am-4:31am CET
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jing what health concerns are taking a back seat for now. the need to kickstart tourism in southeast asia means countries will crank up their efforts to woo the chinese tourists. and he has a reminder of our top story. ukrainian officials say at least 11 people have been killed in a new wave of russian messiah stripes, across the country. the stride some of the germany and the u. s. pledge defend advanced thanks to you trained. that's all from us up. next is your business update to withdraw thoughts? i'm them such as well. thanks for watching. with secrets lie behind these was discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage is 360.
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get the app now. what our sport all about in winning fighting scoring we say they're about never giving up the most exciting sport stories about people passion and their dr. sports life every weekend on d w ah ah, ah, u. s. economic growth as slow as in the last quarter. but the latest figures still provide a positive surprise. we'll ask if america can dodge a recession, staying in the state. so we'll take it in nevada, where the re, to mine, lithium,
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has ignited a legal battle between indigenous people and the federal government. and we're also off to an intellect australian ivan to see how the pandemic lead to the discovery of a touristic kitten gen the state of your business on robots in berlin. welcome to the program. u. s. economic growth slowed during the 4th quarter of 2022. according to the latest government estimates g. d. p expanded by 2.9 percent at an annual rate just down from the 3.2 percent posted for the previous 3 months. nevertheless, the figures still outstripped unless expectations, thanks to high a consumer spending and exports. according to the commerce department, spending is however, expected to ease as households try to cope with inflation. economies say the u. s. we need to maintain a strong labor market if it is to stave off the risk of recession, but it's cost over to the states and to wall street and our financial correspondent, sabrina kessler suppresses sabrina. sorry. so i'm database of passing expectations
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. why? well you shouldn't forget, we're talking about the final quater alpha loss here on the make on today's chopping season, where consumers have already always been spending a lot of money. so yeah, we did have a decline in consumption in december, mainly due to inflation. but overall it has been, yeah, the consumer ruled up a pretty remarkably and is still pretty resilient. i mean, we still had some trade slash inventory contributions. we had some better government spending. and as you said, the labor market is still strong, but overall it's, yeah, the american consumer, who by the way, an attribute 70 percent to at the american to the p as the back end of 2022, sorta now 2023. and this recession is a coming, or is it not to be getting any sort of light on that well,
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i mean, it's, yeah, pretty unclear how deep that recession is going to be a be about. it's quite like me that were you going to see an economic slowdown, at least in the 1st 2 quarter. now if you speak to analysts to economics, they say that we've just, yeah, probably see a mild recession. and if we have a look at forecasts at data, and it's not going to be that big, we probably see g d p growth of point 5 percent. now, what's the reason for it? yeah, we definitely have an environment of rising interest rates. we see facts on housing, we see effects and corporate profits and on certain investments. but in the end, as i said, it all comes down how the consumer behaves year and you as an, as we saw right away yet with earning some off mastercard and visa credit card spending, end consumer spending overall is still going strong because we're in augusta. the new york stock exchange for us. thank you very much. staying in the us on the government in washington is in the middle of an ambitious pushed towards green
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energy or key part of the plan in both switching to electric mobility. but the lithium needed for e v batteries is still in short supply at present. there's only one operating mind in the country and plans for new operations at the faca passes. it's go to the or a state of nevada have ignited a legal battle between indigenous people and the federal government, or put a stuff on simons visited the potential site. ah, believe it or not, this is the only major operational issue. mine can be nice. so the peak mine in nevada, so the peak is a so called drawing mind, lithium is drawn and extracted from brian that isn't a ground war. also involves a network of $22.00 con, spending 21 square miles and takes 18 to 24 months. at the end, there is lithium or white gold, as they call wagon get up to you know,
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between upwards of 8000 matter times an annual production. $8000.00 metric tons of lithium per year. soon. sounds like a lot. it is not. in fact, it will be less than what was the demand for lithium in the u. s. 3 years ago in 2020 air go the u. s. as a lithium problem, just about 50 miles from the about us. northern border with oregon thick pass is supposed to be the future side of a massive lithium open pit mine and process facility spending. at least 8000 acres or 7300 hector's is believed to hold the largest this im deposit in the united states. not only do we need this project for national security purposes, but we need it for the environment. so we're, we're committed to doing it right. we're moving forward with preparing for construction. and however, the 2nd pass is not only the traditional homeland but also sacred ground for the
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indigenous vases of the war. he shook the paiute and the social at least 2 tribes by the lawsuit. that ends of the project in sec appears completely that the people know that mining does it also just bring jobs, but it also brings annihilation to homelands and will, will annihilate indigenous peoples way of life. there are also none indigenous people who have concerns about lithium mining affect pass q max wilbert, for him, a member of deep green resistance, an environmental group that some brand as radical. the idea of mining effect pass is fundamentally wrong. no matter what. going up, the mountain isn't green and blowing up a sacred site isn't right. there's nothing more to it. i here is where different worldviews because
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a court decision about the pending lawsuit against the mining project is expected to be issued soon. simon's reporting from nevada, now to some of the other global business stories making use german software giant. s a p is to cut 3000 jobs. that's 2 and a half defense of the company's level workforce. the company says it wants to cut costs to focus on its cloud business and is considering selling its remaining stake in us software make qualtrics. it follows a mass mass laos at google, amazon, and microsoft. germany's economy minister robert harbor says nearly 2000000 jobs need to be filled in the country figures significantly higher than the 800000 vacancies, released by the federal statistical office. the government says it wants to change laws to address the lack of workers. and british annual cash reduction has dropped to the lowest level since 1956. that's due to global shortages of semiconductors,
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which have limited capacity to make cars at all. you case, biggest foreign owned auto manufacturers made 775000 vehicles in 2021, 41 percent fewer than the previous year. many parts of the world, food costs are continuing to climb. but one supermarket in southern friends has found a way to begin reducing its prices. the community and ma say, has turned to a tried and tested concepts that many a thought it had its day. if you want to shop here, you have to be a member of the super cough which cooperative, which boasts more than $1250.00 customers so far. but before you can buy leaks or fruit, you have to buy cooperative shares. once you purchase 10 units for 10 euros each, your membership is valid for life. for people with lower incomes, it costs less. the other requirement is working there just 3 hours a month from us samples on the server. for me,
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it's important to know that my purchase does not contribute to an ultra capitalist system with shareholders and everything else. that's important to me. come in and thoughtful more. but at the same time, i want to drink a good coffee every day. and there's some here and the prices, i don't remember exactly how much it would cost in the supermarket. yes, but i assure you it's less here. net, which was us focusing more. 2 and a half 1000 items are already on sale. the goal is to have twice as many and to attract even more customers. the shop will need them if it's to be economical. but the focus here is not on profits. it's on social aspects, quality and regional cooperation, c o c. and that, that model come on, so it good. it's also of model of how we would like our society to be equal above a t in a cooperative friendly way. oh, well, more place it to show that it's possible to do things together. i've been logged on to coexist with every one,
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getting something out of it more so than 112. so including the producers, for example, a male fit. we will never put pressure on growers to get the lowest possible price up with cbre. so it's particularly satisfying being a customer co owner and employ all at the same time. and it has an advantage. if you have a complaint, you know how to find the manager the now because 0 mine back to the height of the current of ours pandemic, many of us were limited and where we could go as a result, lots of people chose to explore their own country rather than holiday abroad in them and the discovery of local hidden gems that have now become established tourist destinations. even now that the restrictions a long gone long beaches warm water and their pleasant climate. for many australians, great capital island of the countries east coast is a paradise. it became
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a popular get away during the pandemic mores trail eons than ever before came to the small island with all the complications of kyra nava. she all the sadness that surrounded, carved after the initial 7 weeks lockdown within coins land. we did very, very well and we had our bas year and there was a really, there was a, there was a golden launch there for us and, and people who were getting a bit of cabin fever could get out and get away there only small huts on the great capital island, it's located at the southern end of the great barrier reef. here you can dive and enjoy the magnificent i know water world. or i think you so much christian tourism. it's great. and for us it's the opportunity fine if you say, are in country really, really fairly and full kylie a little bit more amazing country. yeah. and this means good business for stores
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and restaurants. a lot of coins laid as he came in to explore their own state. we saw implicitly been coming back, which is great. they bring their friends, they're not going to body, they're not going to tie lane. they're saying, hey, we've got beautiful islands here in australia. let's support like will many people here hope that the flow of australian tourists will continue. now, even after that pandemic, that's all from me in the business team. amberlynn from all had to data we dot com slash business by green energy, the gemini, made in the media. some of the world's best on shore wind. we know this is really, i will call 3. so this is where a german company wants to launch
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a massive energy project that uses wind power to generate hydrogen. but does everyone proffer some keen energy made in germany next on d w, a, they were whistleblowers in the heart of people diplomatic in the emerging. so quote, the dr. during dinner parties, they engage, do espionage and intrigue. secret reports revealed that concern and disgust, but also a fascination with the nazi dictate issue with w. blue with
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leonardo da vinci's, mysterious masterpiece. ah, this perhaps the greatest leonardo masterpiece in the collection of the louvre and no, it is not the mona lisa. it is the virgin of the rocks, 2 versions, multiple copies, and a hidden drawing. was there another symbolic meaning to this beautiful painting that perhaps we just don't understand today to search for answers store to february 10th on d, w. o, o m. ah, no more gas from gas from germany is filing for an energy to.
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