tv Business - News Deutsche Welle February 9, 2023 4:15am-4:31am CET
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a 1000000000 pounds since the war began and pledging to match that this year. zelinski is expected to continue his please to european leaders. some in person for air support he believes will bring the war to a quick end. you're watching dw news, diesel fiercely is of next after a short break with your business news. don't forget you can get more information and news on our website. tito of. com and you can follow some youtube and our social media accounts instagram. i'm twitter. i'm pablo phone alias. remain the team here in berlin. thanks for watching. take care. cheers danesh. wanted to check in washington: you mouth raja wilson's look. deterioration equals must the end of a superpower. the collapse of the soviet union rushes
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more in ukraine. one year since the invasion began, we take a look back and into the future. in the new been slow brain in february on d. w. with someone else through the hardwood tv highlights the selected for you. you every week in your inbox, subscribe now. ah, i'm stephen beardsley in berlin. here's a look at our top stories. a french german delegation returns from washington empty hand after sharing its concerns over the u. s. is mass of new climate investment package. brazil in columbia carry out raids against a league gold mining in the amazon region. can it keep the scourge from coming back?
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welcome to our show. a high level french german delegation was on its way back from washington after its appeals for u. s. policy makers to soften the blow of a new climate law there produced no concrete results. german economy minister robert hubbard later said he sensed great willingness from the us to engage with you concerns the europeans fear the u. s. is new inflation reduction act will distort the trans atlantic market with its $370000000000.00 and subsidies aimed at companies producing in the us or from countries with a free trade agreement with the country or christian do as a faction leader in the german parliament and was part of that u. s. visit. he spoke to my colleague michelle a curve now about his impressions. so the german and french trade ministers were here and we heard a state of the union speech that sounded very america fast or these tough times for
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europe to get some kind of compromise from the american. i mean that's where we are here as germans. the road hike was here. i'm here yesterday and today and we need more talks, i guess, cuz i think we should tighten our balance really because so we're already tied together with the nato alliance and we have both economic goals on both sides of the atlantics in a thing we should more talk about free trade and even a trade union in the future. so why will the resolution over this tension of the ira be more in washington or more in brussels? does it you have to do more homework. the you has to do more homework. we have to do homework talking about our marriage funding. i mean, we'd passed this 100000000000 euro a special fund for the german military for the german wound us fair. and also we have to take care of our infrastructure of our energy policy in the future. but i think we also have to tie our bonds on a common trade issues on free trade issues as well as we have the same strategic rivals of the world. talking about russia and talking about china. her center,
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parliamentary pasadena, of the free democrats in germany. thank you. read a german view of the e u. u. s. trade relationship there, and comments by us present, joe, by the last night. let's get a better understanding from the american side. and for that, i'm joined by david gans, he's a professor in trade and international economics at rice university's baker institute. david, welcome to the show. i want to touch on this idea of free trade in just a moment. but 1st, here in germany, there's a lot of attention on this inflation reduction act and it's potential to warp investment in europe. what's the sense there in the us? how much concern among policy makers is there for a while. thanks for inviting me in terms of the so called inflation reduction act, i think probably the germans, german concerned is mostly on the subsidies for electric vehicles and electric vehicle batteries which are limited to north america and 2 countries with which the
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u. s. has a free trade agreement, which does not include the e u. so the concerns here, i think, are basically the parties are united on the basic by the administration proposals. the legislation, which is by american invest american employ american workers. and though there are obviously some who are concerned with broader u. s. e u relations. i think there's a great deal of bipartisan support for making the transition to electric vehicles produce as many jobs in the us, or at least in north america as possible. there was some surprise here that biden carried on some aspects of that protectionism that we saw during the trump administration. would you expect that that kind of by 1st produced 1st in america that, that kind of policy idea will continue in the future? is there bipartisan support for this now and going forward?
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first of all, there should the been any says any surprise that mr. barton was carrying on these policies because a significant chunk of the democratic party has been advocating it for years and years and years. and as to the future, i don't see any reasonable option where whoever becomes president say in 2025 is going to have policies that are much different from what you heard last night. it's a, it's a fairly broad bipartisan support. and i don't see anyone out there either on the republican or the democratic side who is likely to come in and try to convince congress that it would be good to relax if i can see changes around the edges. but not major changes. we just heard a german parliamentarian mentioned this idea of free trade. a free trade agreement always bandied about between both sides, but never really taken traction. is that? is that just a pipe dream at this point? well, most of you, your li, your readers, listeners know there is
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a trust transatlantic trade and investment partnership. they go see asians which went on under the above just ration for 2 or 3 years. and then peter out, i think the issues that arise and trying to do a full blown free trade agreement with the e u and the u. s. are very difficult even if the current administration was interested in free trade agreements, which it isn't there. there's some explanation, exploration of a and f d, a like for want of a better word, the kind of thing we're doing in the asia pacific and in awe in latin america. but it's not at all clear that that would satisfy the requirements of the statute. alright, that's david gans with rice universities. baker institute, we appreciate your time. my pleasure. and we go now to some of the other global business stories making headlines. u. k. regulators say microsoft $70000000000.00 plan to buy video game company activision blizzard will stifle competition. her consumers the purchase hasn't been barred,
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but watch dog se microsoft must work to address and he trust concerns if successful, the deal will be the largest in the history of the tech industry. initial figures show volkswagen posted a pre tax profit of $22.00 and a half 1000000000 euros last year. that's an increase of more than 12 percent year on year. despite the world's number 2 automaker rolling out, fewer cars are actually due to supply chain problems. v w will publish full results next month. domestic air travel, excuse me. air traffic in france has increased by almost 25 percent in recent years . that's according to the countries. airport association. in 2021, france became the 1st european country to band short hall flights, provided that trains can reach the destination within 2 and a half hours. but many train journeys are still longer often requiring transfer in paris. microsoft says it's integrating the artificial intelligence power chat, g p t chat bought into a search engine being and web browser edge. this comes after google and by do both
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announced their own chapel efforts. shares and chinese search engine by do, surged on tuesday after reveal details of its a i driven assistant to be named ernie bought over to south america. brazil and columbia have carried out new operations in the amazon region to clear out a legal gold mining. now the practice is a scourge, bad for the environment as well as indigenous groups. but kicking it out and keeping it out are easy. she describes the illegal mining in the m a miami territory as endless, but promise to support brazil's minister of indigenous people. sonya hora visited the vulnerable indigenous tribe on tuesday to see the rescue. patience that continued to arrive at health centers, the health of the indigenous people as declined in recent years because of a legal mining which occupies fertile land, poisons rivers, and destroys water sources. notice that all the formidable, the territory has all been occupied by a legal miners magnet. there is
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a lot of destruction and water pollution the ad. well, yeah, no mommy, people have no drinking water. they beg to us, it isn't. they want to clean now water. they want water to drink, what rabid be. the federal police and army are now in the area to protect the local bases for indigenous affairs, and to remove the gold miners and the protected territories. most of the estimated $15000.00 illegal miners are already fling due to the police presence. at the end of last week, security forces and columbia were also able to spot several illegal gold mines in the jungle below. destroying the machinery used to extract gold the operation is both a blow to a legal mining on a strike at armed groups. the profit from illicit mines in this conflict ridden country. but a legal mining for gold does not just provide resources for armed groups. marielli
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set aside structure to carry out a legal extraction on a mining side. they cause massive damage to nature. they severely contaminate water sources with the discharge of the mercury that allows me to collect the gold ordeal . i get the maximum use of it had a lot of it's i got in like a lot, but i tell me in plain but although this operation was successful with many, bulldozers destroyed the remains a lot of skepticism whether the fight against illegal mining is sustainable. this horrible moment a is, this is layla with you to carry out to legal extraction on the mining size. they cause massive damage to nature, and they severely contaminate water sources with the discharge of the mercury that allows them to collect the gold and get the maximum use of actual i mean, the lack of any kind of music that goes into civil police permit than i mean the electron, what is it that homeless island, columbia began operations against this kind of illegal mining in 2012? since then, authorities say they destroyed more than 800 uses of machinery. president,
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gustavo petro has vowed to continue the operations against a legal mining of gold, platinum, silver, and other minerals, as long as the protagonists of this predatory activity continued to destroy the environment. and finally, what started as a side hostile in a small brooklyn apartment has become a successful bakery of sorts, selling miniature croissant breakfast cereal, get this customer's line up half an hour before the bakery opens. in hope of nabbing one of the tin mini croissant serial boxes available each day. each one contains $250.00, many croissants, and costs $50.00. after being shape, the diminutive croissants are dehydrated. bolden cinnamon and sugar and baked fresh their crunching milk and worth every penny new yorkers say, or at least the ones who can afford to pay $50.00 for a box of cereal. here's a reminder,
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a top business story. a fresh german delegation returns empty hand, and after seeking washington's help to ease the burden of the u. s. is massive. new climate investment package, european sphere. the u. s. is new inflation reduction act will distort the trans atlantic market with its $370000000000.00 in subsidies. right, that's it for our show. as always, you find out more online dot com slash business. check us out on youtube to we're at d. w. news with d. w. chapel. thanks roger. lint, the conflict zone with sebastian. a chinese balloon flying high over america, has led to the cancellation of high level talks between bay june in washington. my guest in beijing is senior cameras. you bo, expert on chinese security and strategy, and apart from the balloon, verify below
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a written for washington. wanted to discuss what will happen next. conflict zone. next on d, w here because you are there. mm. german colonial history is a book filled with horrifying chapters 4 generations of people share not only their stories, those of their families and a film about racism, survival and resistance. in 45 minutes on w. o. n. a little no da vinci's, mysterious masterpiece. this perhaps the radius leonardo masterpiece and the
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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? the switch for answers store to february 10th on d, w. a chinese balloon flying high over america has led to the cancellation of high level talks between beijing and washington and hold it any chance of a thor in relations between the 2 countries. the american said the balloon was spying and shut it down over the atlantic. chinese claim it was studying the weather and straight unintentional.
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