Skip to main content

tv   Business - News  Deutsche Welle  March 1, 2023 10:15pm-10:31pm CET

10:15 pm
he has made a name for himself by waging conservative cultural wars, and has appeared on right wing media criticizing. president biden for being weak on china and spending tax dollars on ukraine. while they have effectively a blank check policy. with no clear strategic objective, identify the santas. once a close, trump ally is now his toughest political rival. 2024 is still a long time away, but it's already shaping up to be a contentious race. and that's it from me. and the news seems stay to for business with christopher people and trucks injured when trying to feed the city center. more and more refugees are being turned away. warner, families play on a tank. the reason for these correct only is we load demonstrate people fleeing extreme around
10:16 pm
around $200.00 people around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, his china, back in business, chinese manufacturing activity has a 10 year high. just a few months after coven restrictions are lifted. is that enough to boost the global economy? we will go to wall street. also coming up, plans for a deep sea port on george's black seacoast have taken on
10:17 pm
a new importance since the war and ukraine. but pulling the project together has not been easy and fancy a special drink liquor producers and venezuela are hoping to interest drinkers. any rare liquor. welcome back to another d w business. i'm christy platt, and coming to you from berlin, china's economy could finally be recovering from coven 19 chinese factories or on the rebound, according to fresh data out wednesday, reporting decade high activity in february. the positive manufacturing figures have boosted global stock market. these superpower recently emerged from years of 0 covet locked downs that disrupted supply chains all over the world. increased demand and china could push up inflation. analysts warned, but broadly the figures show the country is on track for an economic recovery or for a global reaction, we go to wall street onions, quarter in new york, yann's china, obviously an important supply chain for the globe. how significant is this apparent
10:18 pm
turnaround? they're not sure, i mean a china is the 2nd biggest economy on the planet, and it's not just important for the supply chain, but also as a market in itself. so, so it is clearly a good news so, so that the 2nd biggest economy on the planet is coming back by the way, we had the manufacturing dad are also here from the united states. and there we saw a contraction for 4th, a consecutive a my. so besides them all the trade tensions and everything, this is well company with, even if the stock market here in the us did not really react in such a big fashion, there was only a minimal uptake when it comes to the dow jones industrial average blue chips at last, a good 4 percent in february, so at least the beginning of all the new ones was slightly positive. now, yes, i'd like to ask you about a different domestic story in the u. s. the pharmaceutical giant there,
10:19 pm
eli lilly has said it will cut the price of insulin products by 70 percent. that's obviously an important medicine for people with diabetes. the high cost of medication has been a major issue in the u. s. for some time. what is this move about? so christie and it's also become a big political topic. i mean, more than 30000000 americans suffer with diabetes center. good to 7000000, highly depend on insulin. so now the step from eli lilly definitely is a well come new is some, even if i have to say it only applies the price to older insulin a product, so not to a new $1.00. and then also hi lily. over the years, for some insulin product actually has increased prices by more than 1000 percent. but there has been a lot of pressure from the white house, from congress in general. so it's definitely a ride step, but not all of the problems are off the table. so as i mentioned, it's only,
10:20 pm
it's only affecting older insulin, a product and not newer car to thanks so much for that. now to have a look at some of the other global business stories making this tick tock has announced a we'll introduce an automatic 60 minute daily time limit for all users under the age of 18. tick tock and other social media platforms are facing increasing scrutiny over their impact on teens. but young users will still be able to turn off the default setting, which i'm sure they will. german export or say they're increasingly facing obstacles to international trade. a survey by the german chambers of industry and commerce shows that 56 percent of companies surveyed came across trade barriers in the past 12 months. sanctions top that list followed by local certifications and regulations or grocery stores across the united kingdom are running out of fruit
10:21 pm
and vegetables as the country faces. yet another shoed crisis. last year, a shortage of truck drivers lead to empty shelves. now, british farmers are struggling with high energy prices. bad weather in northern africa and southern europe are also disrupting supplies. take a look. not much here, empty boxes, a handful of tomatoes, a few cucumbers enough to make a salad, but certainly not enough for all the salads. people in this london neighbourhood wanted to make stores half put, buying limits on fresh groceries. it's a problem for families and for restaurants. the shortage, it makes us to change from the model based to wide base sources. because we'll, can we the we, we up to make a profit? while bad weather in spain and morocco has affected their salad exports, u. k, farmers are not able to make up for the shortfall. that's because of high energy prices and traditionally low food prices that cut their margins. we were talking
10:22 pm
about this the song last year and i think nothing was being heard very much. assigning because now you're saying empty shows, the am yeah, where token of i again even worse, there is no end in sight. more shortages are expected. upper farmers have not been buying plants and planting more orchards. so they will be a shortage of that simply because they can't afford to, they're not getting the price empty shelf. so something brits may have to get used to or we spoke before about supply chain problems and transforming those supply chain certainly takes time. just ask companies trying to move goods between europe and china over the past year. the overland route, known as the northern quarter, is problematic. it's dependent on rail and runs from germany through poland, belarus, russia, and kaz. extend all the way to china. but ever since rush invaded ukraine concerns had been growing that the route is no longer secure. as a result,
10:23 pm
europe's attention is increasingly turning to the middle transport corridor, which runs through the black sea. that's put more emphasis on a planned deep sea port here in anna clia, ga, plans for the port product. it says well before russia's war, but never gain traction. now the pressure is growing and that's where our next report comes in. every day truck driver, typical blashley drives along george's narrow roads. today's trip is by the infamous recording pass from the george and black sea port, but to me, to buckle in as i by gun. the road gets blocked when it snows such a booker hopes, the new one will be better. because of our reserve arcada, a new hi will bring your which indies for us to drive more safely than it won't be as many accidents and traffic jams body was audi a reality. and not as many pothole like now. it's really hard to drive the highway as part of china's mute. silk rolled,
10:24 pm
even if the weld bank finance the section crossing the mountains chinese state own road and bridge corporation is expanding it with workers from china where the machines and building materials also come from locals. are only employed as laborers for work, like directing traffic for 7 year olds a day. i. it doesn't bother us. we have work. most of the village residents here support the construction of the road. we have worked, so we're not complaining. meanwhile, construction of a modern container terminal couldn't go ahead in a korea, a jordan, american company was supposed to build a deep sea port here, an important hub in the middle corridor. the silk wrote a direct link between the e u on china that would buy past the land root fire russia, but construction was hold it after a change in government. residents are disappointed that wound up on the 28th 19
10:25 pm
o allies would be better if they were all port, not just in an a clia, but it would be good for all of georgia. i still hope it will be built on yet. and like if you don't have minds, only smaller container ships can dock of the current ports on the black sea. the harbor basin has to be deepened to 60 meters for them to be competitive, but nothing is planned. many georgians believe the deep seaport in anatolia is being hampered by the russian secret service, which they say is putting pressure on politicians. but also glassware were jealous off and on. the russia is blocking on a clear port because it wants to hurt the e. you go, oh, it is important for us to set up the middle corridor, and we need an a t, a port to do that. all of the proposal and nicole to dora is that we got to go to recorded the book on audrey truck. dry much a book, a hopes, the deep sea port in america will still be built so that he can keep working
10:26 pm
well, ever tried coke. who, if it's a liquor from venezuela that's becoming popular among alcohol aficionados? producers would love to keep exports rising, but they're facing significant hurdles. it all starts with the garvey plant, the same plant that's turned into to keeler, but they're making cookery, which is relatively unknown to drink, is abroad. the novelty is helping crockery to grow in popularity. but producers say they're struggling to make enough of the labor intensive tipple. i get older so we have to find out what niche we can reach on the international market. because the quantity and production volume of cookery is low or very low. so i can fill a container once a year old. is there a market for that? we still don't know me, but we have to look for these specific niches without thinking we can sell to
10:27 pm
everybody. it's an exotic special product. it's very difficult to make it easy. lou venezuelans have struggled on to high inflation and a mismanaged economy. so any chance to boost exports as a welcome opportunity. it's manual intensive work. cocoa uses wild plants and does not include additives but farming the. gov. it takes time here we have plans that allow the annual eye, cossick, avi is a plant that takes 10 years to ripen and its production is limited to layer crockery simply cannot be a low cost drink, a more precise. yeah. they were all or was he were in the presence of an exclusive product, as it deserves recognition for the cost of making a liter of coin. because i got it right. yeah. chill coy can sell for $60.00. a liter, a premium drink for cocos produces, they're hoping if not for higher wreck sports. it's exclusivity will help drive
10:28 pm
prices up. so what's in this bottle can get them a better return for their hot water. well, that's all we've got for you today for more you can check us out at d, w dot com slash business, and the d. w. news, youtube channel. we're also on facebook for me and the whole business team here in berlin. thanks for watching the show will see you tomorrow, with a in a globalized world, where everything is connected, all it takes is a smart to set things in motion. local hero show out there ideas can change the world
10:29 pm
with global 3000. next on d, w. transporting goods to europe. what's the latest on china's new silk road? russia's war against ukraine has disrupted traffic on important stretches of the mammoth network. companies are switching to safer routes. what are the risks and costs of these new supply chains? made in germany. in 60 minutes on d, w ah, with getting ahead, using tech. as our documentary series founders belly folded africa.
10:30 pm
ah, meet the founders, impelling their continent through digital innovation. transforming work and health and living conditions in their country and inspiring the world with their ideas. under valley africa watching out on w documentary ah ah, welcome to global 3000 nourishing us. why fertile soils the key to feeding our growing global population better house.

20 Views

info Stream Only

Uploaded by TV Archive on