a 1st post 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. rural v realized come summer and 3 years on since bracelets, british businesses are still struggling with the fallout exacerbated by rising inflation and high energy costs. on 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 the 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 of chief economist had to say. all the indications are 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 going to 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 da silva . 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 confederation macros, sore consisting of brazil, argentina, uruguayan, 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 to 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 mecca sewer, trade agreement the america. so countries include brazil, argentina were a gray and paraguay venezuela is currently suspended the america. so a deal would create a market with more than $700000000.00 people accounting for almost 20 percent of the global economy. it would be the largest free trade zone in the world, the mecca. so a countries and 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 jacob, both so narrow. he ruthlessly promoted the deforestation of the amazon rain forest for moreland spring in dw reporter as to calling it only vera astrid. how likely is it that this trade deal will become a reality with little or the silver 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, and 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, the measures, the brazilian government announced to protect indigenous territories and to protect reinforced. so there's room for new negotiation, certainly. whatever yields expect ations when it comes to this free trade deal

more from brazil, it's very important because berlin has a very strong agricultural business, as everybody knows and has everything nice commodities, food soldier. and it may have like until $300.00 per year, there's no subsidy as subsidized. like in the u. so if there would be no terry full credit from brazil for example, that would really boost the culture business. and we will have a lot of brazilian food products here in our market. definitely down as the toner olive era master. thank you. that was my pleasure. britain is the only g 7 country with economy is said to shrink this year according to the international monetary funds, projections and mix of problems like higher taxes,

shortage of workers and surging gas prices are to blame along with the impact of britain exit from the e u 2 years ago, which is still seen as a unique drag record has been a nightmare for many companies in the u. k. are correspondent, big mass took a closer look at one of them. many more. laurie's used to pull into this for court as them chemicals used to supply all of their climbs out of the headquarters in england. but since brags it, it's been too complicated and too expensive to forward any goods. to the eel, managing director, danny lauren was forced to open up a 2nd. harb in poland and paying to lots of customs duties were now paying in the u . k. and in germany or poland, or rather than just doing a thing once i came in here, so as you have had to ram, do a lot more work for name or business. aston 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 is, according to official forecasts. so many british business leaders are not surprisingly now asking, what really are the benefits of brags it then a 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 bell economies. but we've had increased uncertainty since the referendum back in 2016. at that point, we saw that business investment as a shared g d p really took a hit in the u. k. and it hasn't really recovered while in other 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 born mister johnson motto, sumani will come true. he saw brother of i'm ready deal. i haven't seen it specs. it is a tragedy where i don't think me, it wears too small to be of any importance anywhere in the world with those situation. we're in the economic situation we're in is the result of breaks it, which was stolen with europe and her here while we're 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. all right, let's get more from big nozzles, you poured. you just saw a bigot 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 export 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. and that the brakes it is ironically wants to get rid of. but that enables small, particularly small companies to export to the you 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. big companies are able to somehow absorb the acura bureaucracy. 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 this 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 a 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 or 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 of 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 that others had to stop trading with the you altogether. um and

other companies have just absorbed the cost, a bigot briggs continues to be a drag on your u. k. 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 brett, for, 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. w correspondent, big marson, london, beer. thank you. and that's a show for more check out our website as the w dot com slash business. and of course the d. w. news, youtube channel. i'm chris kolber and berlin from the for me and the entire team. thanks for watching. have a successful with with

a i'll probably win 71 with the sound of the bills in guitar. when it comes to pay it way more a v y d i to 3 from china. the money factor, i think a little too impressed from the european market. is this on the right track with i will not send another generation murder more and i've kind of stand afghanistan and the unforeseen dangers for america. and why i am prior military

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