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tv   Business - News  Deutsche Welle  February 27, 2023 10:15pm-10:31pm CET

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when's interacting with the earth's atmosphere? it is normally limited to areas closer to the arctic circle. but it's gorgeous. none the less, wherever it is. this is the w news from berlin. his reminder of the top story we're following for you. israel's army says in israel, man has been killed in a drive by shooting in the west bank near the city of jericho. it follows attacked by its really settlers that left one palestinian man did. that violence came after 2 was really settlers were shot dead on sunday. christie placid, is up next with this news. i'll see you tomorrow. with every journey is full of surprises. we've gone all out to give you some tips one day in the footsteps of the great queen. i'm in your northernmost count
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to please ah, for a time longer, but still very much alive. dw channel, your guy to the specialist with recognizes where exactly. it was fun and i've learned a lot our culture history, all their d. w. travel extremely worth a visit. ah, it's a brick set breakthrough britain and the you seal a deal over trade through northern ireland saying they've resolved a major problem caused by breakfast. we'll get an expert's take also on the show, the world's biggest mobile tech fair kicks off, a med falling demand and an expensive 5 g ambition will go to barcelona for more.
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welcome to another dw business, i'm christy plats. and coming to you from berlin, it's unprecedented and complicated. britain and the european union have proclaimed a new chapter in post breakfast relation. after agreeing on a sweeping overhaul to contentious trade rolls in northern ireland, you cannot european commission president ursula of underline. and prime minister receives to announce the deal, it's stipulate that goods down for the republic of ireland and other countries will be subject to subject to full customs checks. but products not at risk of entering the block will be subject to drastically simplified controls. well, for more insight we go now to david fennimore. he is a professor of european politics at queens university, belfast. what is the steel and remind us, why was it necessary in the 1st place? okay, well the origin is the protocol come from breaks it and the need to do to avoid
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a hot border on the island of island when you can out that it was leaving the single market, the customs union, it was clear that you had to put in place some special arrangements for the northern ireland. those were agreed no longer would stay in the customs territory, the e u. it would stay within the single market, the good, the, your opinion, the u. k. then find it very basic trade agreement with b, e. u which kept it out of the single market and the customer's union. as a consequence, you had to put you controls in terms of customers and in terms of regulate controls for access to the single market on goods moving from great britain to northern ireland. and that obviously brought about a high level of concern or a political front. but also to do, since i did to move goods from great britain into not, nor died at lee began to see trade friction there. but we see now was okay, yeah, no, david, you're all over this topic. i mean, you know what, details that we hear today about the steel and what kind of impact do you think
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it's going to have? as you said at the top there, it says you got a green lane for goods moving from great printed no thought and staying in northern ireland. you seems to be content with that. but if the goods going from great britain into long island and they're going on into the e market, then they will be subject to full checks, controls as they would be if they were entering the you from elsewhere that's, that's significant. and that it does reduce some of the concerns which have been expressed about the protocol with in northern ireland. and we could therefore see some of those who opposed the restoration of default government in nordland returning. we could be see some of the contestation taken out the protocol because ease of a reset to u. k. e u relations post breaks it. yeah, well, i mean, i wanted to talk to you about the reaction in northern ireland. i mean, from the people there from businesses, there is what do you think that's going to be working at the moment that there's a lot of um, documents around people are going through the details. i think they've been of
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a cautious welcome to the fact that the you can the you have reached agreement to try and resolve the issues. but equally, i think they want time to actually digest the detail and really go through all the documents are saying there, i think, amongst the political parties, i think, i think equally a lot of those will say, okay, it's good that there's some resolution of the issues here, but i think one of the big concerns is whether the ambry action of the democratic unit party, those who are opposed to the protocol, will be one which accepts their some bins. a decent agreement reached here. and that will then leave and go back into our government involvement. and the jury's out on that will probably remain out for quite a while yet while they digest, as they said, they're going to, they're gonna digest the, the, the, the, the, the details of what's been agreed to day. now david, we've seen some photos of empty grocery store shelves in britain in the last few days. will this deal have any effect on that at all? no, because this is all about the movement of goods from great britain to north,
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lot not from the single market of the e u in to the u. k. this is about good moving the up the other way. all right, david, thank you so much for that. explanation that was david fennimore. he is professor of european politics at queen's university, belfast now to some of the other global business stories making is today. french, french defense group, talis plans to hire 12000 new employees as defense spending rises in europe. the c o attributed this move to the dynamic growth of the defense market. shares, and talis group haven't risen 60 percent since the war and ukraine broke out iran currency. the re all fell to a record low of $600000.00 to $1.00 us dollar amid high inflation. rate has lost almost half its value since the start of countrywide protests in iran falling the death of a young woman in custody last year. ukrainian president vladimir lensky has held
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talks with us treasury secretary, janet delane, was on a surprise visit to keith. yelling said the u. s. had transferred more than $1000000000.00 of direct budgetary aid to ukraine, but that there were still significant obstacle full obstacles to seizing frozen rushing assets. well, let's get more from our correspondent teddy austro at the new york stock exchange. hi there, teddy. now u. s. president biden was in ukraine just last week in honor of the one year anniversary of the war. what is the significance of the treasury secretary being there just a few days later? well, certainly symbolic treasury secretary, senate, janet refrain was actually even load and off as we why and this really has to do with the united states making ukraine and also in the military using letters that
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also was clear financial $1000000.00 deal $45.00 and due to helping me register 30 percent helping kennedy i think there for a 2nd, we're having some problems with the sound we're we're going to work on the sound issues there. thank you so much study o slumping smartphone sales and expensive network expansion. these are just a couple of the challenges looming over the mobile tech industry as its largest trade fair kicked off in barcelona on monday. some 80000 participants are expected at this year's mobile world. congress vendors will focus on the latest and greatest that includes smartphones with folding, screens immersive net averse experiences,
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and a high powered chat box event is back to full strength after several years of pandemic disruptions. but demand is a concern. smartphone sales slumped 11 percent last year while expanding 5 g wireless technology is a hot topic at this years. congress, particularly the question, who's going to pay for it? d. w stood al, doom allow, has more. one of the issues being discussed here at the mobile world congress in barcelona is who is going to pay for the roll out a very expensive 5 g infrastructure. now that you think that big tech companies should help cover the cost big tech companies, you'll be surprised. here are not necessarily of the same opinion. representatives from met on netflix and alphabet are supposedly here in barcelona to make their case the officials present at the congress. they're saying that they invest enough, all righty and infrastructure. and that having to cover some of these costs would mean that investment is taken away from products that would ultimately benefit
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consumers. now on the other side of the equation, you also have european telecommunications providers like deutsche a telecom, orange, and telephonic are also pushing hard for a big tech to cover some of these costs. now as so many topics that have to do with global tech, we're seeing another e u u. s. divide. but these discussions are ongoing. the mobile world, congress only goes on for 3 days. and those issues are unlikely to be resolved here . that was to now dom allow across europe. electricity has become a lot more expensive since the beginning of the war. that's hard for households and can be devastating for businesses trying to stay competitive. wealthier countries like germany can help their own companies by putting part of that bill. but even that's not enough for many businesses. let's take a look. high energy prices are a huge burden on this entrepreneur. more than 15 percent of his total expenditure is spent on energy. several $1000000.00
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a year. you hadn't shown florida. we already had the highest energy prices in europe before the crisis and they have multiplied again. now, we had a 6 fold increase in our energy purchase prices at the peak. the market has since come down a bit, but was still at the wrong 3 and a half times the price under lankson. still very high and a burden on the plant, which produces substances for chemical and cosmetics industries, among other things, feeds for the ex, fully eating effect and cosmetics. in order to relieve the burden on small, medium sized companies like volley, the state will take over part of the electricity bill, starting in march about 40 percent. and this program in this program expires in 2020 for the federal government will hardly be able to afford to launch such a $1000000000.00 package again. so we hope energy prices will have settled down by then be a router. but how will energy prices develop? especially against the backdrop of the war,
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new crane. so long of that as long as we're in the middle of this, we can expect any relief. that's why you always have to make a clear distinction. fossil prices are high, we have to get away from that. other energy is, are much cheaper and then it can also become cheaper and perspective i spoke about other energy sources such as bio gas produce from a newer for a li, bought a bio gas plant. there the company produces its own chief electricity how much we have invested in a bio gas plant, where we can produce 50 percent of our own electricity. we want to expand on that, but we will also invest in photovoltaics and which repeating herb assume. the company also sterilize us foods like pumpkin seeds. this also involves a lot of energy because it requires steam until energy costs are low again. the name of the game now is to cut costs as much as possible. for
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when we change our shift system from 7 days to 5 days, we've saved energy everywhere. we can. we've turned down the heat in the offices and we've taken every measure to use as little energy as possible. or nuclear spins in it into football, who, according to its owner, the company must also produce more cheaply with fewer employees. this is the only way it can survive and the long term against competitors from abroad because they usually pay much less for energy. well that's are, so i'll have more for you tomorrow. ah well, my car is made in germany for decades. they were a symbol of excellence and reliability with what they are glamorous image is getting its blemishes are cost cutting measures and a focus on efficiency affecting quality german cars. when will they lose their
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sterling reputation? read on d. w. you'll mind, he's your grid. as i said in meet the found is increasing nigerian value of human grid as a result, as the people and i was why i think you guys all to please give them the power to make down decisions on to courage. now, future series found is that me african d w with you become a criminal pre climb ai already know who's with
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hackers, paralyzing the tire societies, computers that out some are you and governments that go crazy for your data. we explain how these technologies work, how they can go in for and how they can also go terribly now from electric trucks, to electric ships and old motorcycles. we've got them all. plus we ask why german to cause no longer live up to they once the image. now on rev. c

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