tv Business - News Deutsche Welle January 27, 2023 7:15am-7:31am CET
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pick out a mummy entirely covered in gold, leaf was found inside and just reminder of the top story we're following for you this our ukraine. officials say a at least 11 people have been killed in russian strikes across the country. the attacks came after western allies pledged to send tanks to ukraine, watching dw noosa coming up next we've got some business for you, rob watts will be here with all that on terry martin. thanks a lot of contrasts of ambitions of inequality. 75 years ago, mahatma gandhi peacefully led the country to independence, full of ideals. what is remained of his vision with
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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 and unleash a long violet pass and re imagine that these teachings or elements to us. gandhi's legacy starts january 28th on b. w with ah, us economic growth is slow is in the last quarter, but the latest figures still provide a positive surprise. we'll ask if america can door to recession staying in the states or take it in nevada, where the race to mine, lithium has ignited a legal battle between indigenous people and the federal government. and we're also
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off to any d like australian island to see how the pandemic lead to the discovery of a touristic kitten gen facility to view 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 estimate, 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 and list expectations thanks to higher consumers 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 cross over to the states and to wall street and our financial correspondent, sabrina kessler suppresses sabrina. sorry. so database
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a passing expectations y. while you shouldn't forget, we're talking about the final quarter off last year. the big holidays chopping season, where consumers have already always been spending a lot of money. so yet 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 a yeah, the american consumer, who by the way, attribute 70 percent to the american g d. p as the back end of 2022, sorta now 2023. and this recession is a coming, or is it not to be getting a, any sort of light on that well, i mean, it's, yeah, pretty unclear how deep that recession is going to be
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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. if we have a look at forecast 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 in 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 sabrina guess that 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 energy or key part of the plan in both
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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 in the or a state of nevada have ignited a legal battle between indigenous people and the federal government are put stuff on simons, visited the potential site. ah, believe it or not, this is the only major operation of this your mind can do. 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. office involves a network of 22 palm spending 21 square miles and takes 18 to 24 months at the end, lithium or white go we want to get up here, you know, between operative of 8000 metric tons and annual production. $8000.00 metric tons
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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 us 3 years ago in 2020 air go. the us as a lithium problem. ah, just about 50 miles from the bad us nother border with oregon. pick a 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 factors is believed to hold the largest lithium 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 indigenous vases of the war. he shook the paiute and the social
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at least 2 tribes by the lawsuit that ends of the project and 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 hear is where different worlds used cars and a court decision about the pending lawsuit against the money project is expected to
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be issued soon. simons, reporting from nevada, that now to some of the other global business stories making the news german software giant. s a p is to cut 3000 jobs. that's 2 and a half defense of the company 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 a qualtrics. it follows a mass mass louse at google, amazon, and microsoft. germany's economy minister, robert havoc says nearly 2000000 jobs need to be filled in the country. a fake is 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 cough reduction has dropped to the lowest level since 1956. that is due to global shortages of semiconductors, which have limited capacity to make cars at all. you case,
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biggest foreign earned 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 once even log in, southern france has found a way to begin reducing its prices. the community and ma say, has turned to a tried and tested concepts that many 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 customer 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 a sample on the server. for me, it's important to know that my purchase does not contribute to an ultra capitalist
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system with shareholders and everything else. that's important to me. come in and put on for 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 a supermarket. yes, but i assure you it's less here. nick, which was us of casino. 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 profits, it's on social aspects, quality and regional cooperation. c o c, i'm fit that model, come on. so it good, it's also model of how he would like our society to be equal about t in a cooperative friendly way. oh, well, more place it to show that it's possible to do things together. lebanon thought to coexist with everyone, getting something out of it off, so too long, torso,
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including the producers, for example, a male fit. we will never put pressure on growers to get the lowest possible price bar placebo. sotheby's if, if 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. now because your mind 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. and 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 couple island of the countries east coast is a paradise. it became popular get away during the pandemic mores trail eons than
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ever before came to the small island with all the complications of kyra nava. she all the sadness that surrounded covered and after the initial 7 weeks locked down 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 gout 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 underwater world. or i think you so much for australia to reason. it's great. and for us it's the opportunity foreign if you say, are in country really, really thoroughly and full kylie molar. amazing country. yeah. and this means good business for stores and restaurants. a lot of coins laid as he came in to
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explore their own state. we saw implicitly been coming back, which is great. they bring their friends, they're not going to barley, they're not going to tie lane. they're saying, hey, we've got beautiful islands here in australia. let's support local. many people here hope that the flow of australian tourists will continue. now, even after that pandemic, that's all from me and the business team amberlynn from all had to t o e dot com slash business back into the conflict zone with tim sebastian, i'm uncomfortable, spotlight on the german government in recent days, under pressure at home and abroad to send this tanks to ukraine, i'm taking its time to decide when the envelope will supply the leopards. when you deal with other countries, matching we offer. my guess is week is julianne smith,
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usaa ambassador to the her conflict zone. next on d, w to the point of strong opinions, clear positions, international perspectives breaking with a long standing taboo. germany has authorized delivery of the leopard battle tanks to a conflict zone. does that mean berlin is ready to lead militarily, or does it remain on my guard? find out on to the point, to the point. being 60 d w. european. oh. night when johnson dodge to searches for the truth again.
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at this time, the exiled turkish journalist meets svetlana itsyana, sky, exiled leader of the opposition in bella, luce, of course, i'm tired and tired, physically untied. morally, it's too much on my shoulders, but i have to hold this weight because i'm responsible for the future of our country for the people who are behind the boss. guardians of truth starts february 18th on d. w. ah, i'm uncomfortable. spotlight on the german government in recent days. i'm the pressure at home and abroad to send it's thanks to ukraine. i'm taking its time to decide, maybe and berlin will supply the leopards in the deal with other countries matching we offer. without damaging the weeks of wrangling bien to nato's image and how many lives will the delays.
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