her house was also damaged in the fighting. it, i don't even know. i don't want to go anywhere. and at the moment we're not able to . it's very scary for children and i'm very worried. everyone we met, you can talk about pain and loss. but it seems courage and determination run just as you're watching d w news. i'm sarah kelly and berlin. thank you for joining us up next. it is business with chris cobra. ah, ah, every journey is full of surprises. we've gone all out to give you some tips. one day in the, in the foot of the rig home. i'm in europe,

northern most count please. ah, for a time long, but still very much alive. d. w, travel, you'll guy to his essential thought in germany, europe. hello. do you recognize where exactly it was fun. i learned a lot of our culture history. all their d. w. travel extremely worth a visit with ah, recession revoked for the 1st time in one year, the international monetary fund is raising its outlook for the world economy. thanks to china, reopening and supply chain disruptions having been overcome. also going a fresh approach for a long stall agreements. german chancellor shawls and brazilian president lola,

the silver pledges free trade deal between the you and south american countries. roby realized, come summer and 3 years on since breaks it's british. businesses are still struggling with the fallout exacerbated by rising inflation and high energy costs. and chris kolber walked into the program. the international monetary fund does not expect the global economy to slip into recession this year. in fact, after months of gloomy forecast, the i m f raised the outlook for global growth for the 1st time in a year. according to the analysis, the world economy will grow by 2.9 percent this year up to tenths of a percentage point from october's forecast. and global inflation is said to fall from 8.8 percent in 2022 to under 7 percent in this year. let's hear what the i'm if chief economist had to say with all the indications that we are witnessing a rapid reopening of the economy. and so here,

when we think about the re opening of the chinese economy, it's going to have an impact on the supply side. because we can anticipate that once the economy fully re opens, we have less a supply chain disruptions that we have witnessed in 2022 when there were log downs and, and confinements. so we're gonna get an expansion in production coming from that side. now the economics slow by slow down in emerging markets, bottom out last year, the i m f expert say that would be good news for brazil and president lula to silver. who on monday met german chancellor, all of shawls for talks over the long stalled trade deal between the european union and the south american configuration. macros, sore consisting of brazil, argentina, uruguay, and paraguay. both leaders pledged they'd work towards the agreement being finished in the coming months, but not everybody is thrilled about that. large corporations shape agriculture in south america. that's one reason why there have always been conflicts over the

americas through a free trade agreement. south american countries want to export more meat to the e u and this competition worries, european farmers plus more and more rain forest is being cleared for livestock. farming. environmentalists are fiercely critical of the america, so trade agreement the america. so a countries include brazil, argentina were a gray and paraguay venezuela is currently suspended the mecca. so a deal would create a market with more than 700000000 people. accounting for almost 20 percent of the global economy. it would be the largest free trade zone in the world, the america. so a countries and the e. you reached a comprehensive association agreement in 2019 after 20 years of negotiations. but the agreement hasn't been ratified yet. there had been concerns of brazil's former right wing president, jade bull sanara,

who ruthlessly promoted the deforestation of the amazon rain forest for moreland spring in the w reporter. as to the only vera astrid, how likely is it that this trade deal will become a reality with lula to serve back as president are very likely this time because already knows that he wants the treaty a free trade treat between you and america. so countries, brazil, sheena, part of why you want to, why he wants you to be finished in 6 months after human presidency, and they will be in july. and since he oh yeah, he didn't know that he will stop deforestation in brazil in the amazon rain forest . the conditions for a new approach between you and next steps you parliament stop those. this call the treaty negotiations in 2019 because of fall from our

environment. politics, but nothing has changed and things might go on. so you think that timeframe is realistic then when laura del silva says the treaty should be completed by the summer. yes, i think it's realistic because there's already signed from both sides like from the you and from chancellor shows who are right now in brazil, they already offer support for climate protection and they appreciate the the measures, the brazilian government announced to protect indigenous territories and to protect reinforced, so there's room for new institutions, definitely. whatever yields expectations when it comes to this free trade deal more from brazil, it's very important because brazil has

a very strong agricultural business, as everyone knows and has everything. the world nice commodities food soldier. and it's made half like until 3 harvest per year. there's no subsidy as subsidized. like in the, the u. so if there will be no terrors for products from brazil, for example, that would really boost the agriculture business. and we'll have a lot of brazilian food products here in our. 1 market, definitely. you don't use ascertain olivera master. thank you. that was my pleasure. britain is the only g 7 country who's economy is said to shrink this year according to the international monetary funds projections. a mix of problems like higher taxes, shortage of workers and surgeon gas prices are to blame,

along with the impact of britain's exit from the e u 3 years ago, which is still seen as a unique drag brags, it has been a nightmare for many companies in the u. k. or correspondent 1000000000 mass took a closer look at one of them. many more lawrence used to pull into this for court. s them, chemicals used to supply all of their cline's out of the headquarters in england. but since briggs it, it's been too complicated and too expensive to forward any goods to the managing director, danny lauren was forced to open up a 2nd hub in poland. i am paying to lots of customs duties and are paying in the u . k. and in germany or poland, or rather than just doing everything once i make came in here. so as you have had to do a lot more work for no more business astern is working with raw materials for the cosmetics industry. the increased workload means that the company's productivity has taken a hit and low productivity is something that the british economy as

a whole is suffering from in the medium to long term britain will be 4 percent worse off than if it had stayed in the u. that's according to official for cost. so many british business leaders are not surprisingly now asking what really are the benefits of breaks it then the lot ran cannot see any upsides of breaks it for a company. or indeed, her industry with regards to the country as a whole. the british economy has recovered more slowly after the pandemic than other comparable economies. but we've had increased uncertainty since the referendum back in 2016. at that point, we saw that business investment as a share of g d p really took a hit in the u. k. and it hasn't really recovered. while another countries it was growing during that period, ellsbury is the nearest town to asked and chemicals. people in the area voted narrowly to leave you, but to day we could not find many convinced by the realities of breaks it was

a lot of promises. my sickly warned mister johnson. a motto sumani will come true. he saw brother of him ready deal. i haven't seen it specs, it is a tragedy where i don't think me at risk too small to be of any importance, anywhere in the world with those situation we're in the economic situation we're in is there is our subjects it, which has stayed in with europe and her, where we're work together now is known as issues we tried and whatnot. so yet more pers opinion and great on know that everything was going to the tough but in the long run will be a control. we'll look after ourselves and go from there 3 years after the u. k. formerly left the you, one thing is clear breaks, it was always a political project for many businesses across the country. any economic benefits a hard to find. right, let's get more from big nozzles, you poured, you just saw a big at customs a seem to be a big issue there. what other problems has breaks it,

delta u. k companies. it's mostly those companies who ex, fall in the u that have really felt a big blow. they really hit hard by breaks it and it's what's called non tariff barriers. so it's all the bureaucracy, all the extra red tape on that. the brakes it is ironically wants to get rid of, but that enables small, particularly small companies to export to the u seamlessly, like they would export to any other place within the u. k. and this has now all stopped. so this is mostly a problem for small companies, be companies are able to somehow absorb the ac. robert cressy, they've got the legal departments, they've got the accountants, but small companies for them, it's really, really been difficult and some had to stop for trading with the you altogether. so with all these terrors and the red tape now in existence, how have these companies adjusted if sally typical are what

asked and chemicals, the company you saw in the report have done, they had to open up an e u hub. so that's what i've had and read from other small companies. for example, i was also filming in the cheese company on a couple of weeks a couple of months ago. and they had to do something similar. they were very small exporter our of cheese to the you. however, it really became completely unsustainable because every small shipment a you've got to fill in the paperwork, it doesn't really matter whether it's a small piece of cheese or whether it's it's a container. and for then at this it was just not possible. so they had to be um, basically go in partnership with a bigger company and who already has an existing hub into the use of that seems to be the trick for, for, for many companies. but others had as stop trading with the e altogether. um and other companies have just absorb the cost

a bigot briggs continues to be a drag on the euro. you could economy. but as you said in your report, it wasn't nick an army, but primarily a political decision. at one of those saying that lobbied for briggs it 3 years ago, the brakes or tears ah, pointing to some u. k. economic figures that are beneficial, for example, unemployment is, are relatively low, which probably also has to do with the fact that there's less workers coming in from the european union. so that's something that they are see it seizing on. but generally they are saying that breaks it will be beneficial for the u. k. in the long run that you k is able to set its own rules to deregulate where it wants to be, for example, in the city of london. and that that will be beneficial for bradford, for britain in the long run. but as you said, it's mostly not an economic for a project. it was always about sovereignty about independence. so it's been

a political project to w correspondent, big mars from london beer. thank you. and that's our show for more check out our website at www dot. com slash business. and of course the d. w. news, youtube channel. i'm chris cockburn, berlin from the for me and the entire team. thanks for watching. have a successful a joy ride through fascinating worlds into uncharted deb our guides and know their way around a strictly scientific trip to some pretty wacky

places. curiosity is required to borrow today. next on d. w. we've got some hot tips for your bucket list. ah romantic corner chat, hot spot for food, and some great cultural memorials to boot d w, travel off we go. ah, open your eyes is everything clear. it's so then perhaps you are still young. we'll be taking a look at how the least change as we age but fast way digging into the construction industry a may to driver of climate change. there are some solutions like poorest concrete.