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tv   Business - News  Deutsche Welle  April 10, 2023 4:45pm-5:01pm CEST

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food prices at ramadan will visit iraq and lebanon. i'm from beardsley in berlin. welcome to our show. it's a deal that help deliver greater prosperity to northern ireland, but stands on rocky ground falling brags it. the good friday agreement turn 25 years old. on monday, the u. s. broke peace accord, sought to settle 3 decades of conflict between pro u k. unionists and catholic republicans with some success. g. p, a. northern ireland has sword since the agreement, benefiting from tourism and attack boom and neighboring ireland. but for exit trade barriers have inflamed political tensions. again, despite efforts by london to reassure all sides and made acoustic guitars from loudon guitars in northern ireland sell very well abroad. most of them are delivered to the you and the rest of the u. k. brax. it was a shock for founder george loudon. one of the 1st things that,
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that i said was maybe we're going to have to move the workshops over over in the south of our lives the, you know, be, we're gonna have to do that. so far that hasn't been necessary and i hope not. let me have a quick look at it because northern ireland remains in the single market. louden can continue exporting to the you bought some of the most expensive guitars now need an additional license when they are shipped to mainland britain before brags it. that was not the case. in the end, we find out that there were a say were there have been a small number of restrictions between ourselves the u. k. a directly as a result of graduate? well businesses, the northern ireland are benefiting from being inside the u. single market. great britain is still northern ireland biggest trading partner. so any freaked in at the border causes concern. the british government and the european union have recently
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agreed to reduce trade checks at the board at a minimum that helps importers in northern ireland, such as mac brown, whose daily, and belfast has been in his family for 3 generations. for him, it is more difficult now to receive some products like certain cheeses from small producers in england and scotland. sometimes there's a delay. you don't know if you're gonna get her. i was going to get stopped and, you know, the fact is i need thought, you know, very quickly on every, those get delayed. you know, you sometimes shelter like return it and say, i'm sorry, but i mean that's 4 days. been delivered. fresh fruits discarded. and yet insecurities over breck said remain, some politicians are still unhappy even after the recent improvements for trade with mainland britain, they continued to boycott northern ireland street. no government. political stability is really important for all businesses. so i would like this business,
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this whole question put to bed. as we would say, finished shorted i agreed on. let's get on with the oscar on the shoe. george, loud in hopes that political problems cause that breaks it can be solved so that he can say it is and growing. for more on this, i'm joined by mike holly, clifford kuhn in studio corporate. i want to talk about briggs, it in just a moment, but can you give us 1st, an idea of what extent the good friday agreement has helped economy in northern ireland. but i think the northerners economy is transformed economy. it's a fragile transformation and there's still a lot of issues there, but peace has completely changed the economy. i remember going there, and in the late ninety's, you will get stopped at the border by the soldiers. there were constant security checks and it was very difficult to get anything done because the 2 communities were so at odds to was high level of tension on within a year,
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everything was gone. the board was gone or no. yeah, you just drove straight in even that sort of thing was incredible and it was really has sort of we seen we talk about the peace dividend and there has been a genuine peace dividend, you know, used to be quite a depressed place. and belfast, for example, is the city transformed by, by piece and, and the economy has really benefited, but other say it's still quite fragile. is a fragile, we talk about the disturbances caused by brakes it and the disruptions to trade. to what extent could that further hamper the growth of this economy or even set it backwards? well, it's interesting, you know, the one thing about brakes it is that it made people harking back to the days of the border. the idea that you have these delays that suddenly northern, are we going to be isolated again, you know, and i think that's very deep in the psyche of the people and that you know, that influences how the economy works. and i think that and basically breaks it was a big fear. but now you have this ironic situation where northern ireland is going to get an exception in a way from breakfast. so it's going to get the best of both worlds as british prime minister should not, right,
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which is basically saying that it's going to be like it was before rex's. so he's undermining breaks that of the concept. but in some ways this, this does a lot to address that jealousy, what kind of pressure is soon act and the u. k. under to, to suit this trade to smooth straight, i should say, especially when you consider that yes present job wine is making a visit to mark this occasion. the 25th anniversary is also made it clear that there needs to be some solution of these problems. if the u. k is going to get any trade agreement or further trade provisions with the us. let's say, i mean the u. s. has been central to, to the whole piece agreement for the whole piece process in the north of ireland. and a lot of that has been the fact that it brings significant economic muscle to the table. a lot of the investments that we're seeing in there are coming from, from the u. s. you know, we're seeing microsoft, you know, a lot of the spill over even from the boom and the south is going to the north, largely being driven by, by u. s. pressure. they've made it clear that if they don't, if the u. k allows brakes it to get in the way of the peace deal that there won't
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be a trade deal, which the u. k needs post breakfast. so biden's really and he's really pushing his irish routes. so i think it's going to be central to how this plays out. all right, my colleague, clifford coon and thank you very much. let's go now to some of the other global business stories making headlines. tesla will build a new factor in shanghai to produce large scale batteries. the roughly the size of a shipping container and can power $3600.00 homes for an hour when demand from the local power grid is high or during a blackout. elan mosque has pledge to expand energy storage business to be on par with the company's car operations. german employers association has rejected a trade union demand for a 4 day work week with the same pay for employees in the german steel sector. bosses say it would lead to exorbitant cost increases. they said would also make german steel companies uncompetitive and could endanger jobs. our world bank and international monetary funds,
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spring meetings are taking place this week late on the agenda. reform of the world bank to make it better prepared for tackling long term issues such as climate change. of the meeting comes against the backdrop of economic challenges, including high inflation and weak economic growth. so shifting gears, moving to africa, kenya and uganda are moving to further criminalize l, g, b, t q. people was relationships are already deemed illegal in both nations of this month. you gone to law makers, approve harsh penalties for any one who engages in same sex sexual activity. meanwhile, kenya is cracking down on what it sees as advocacy for l g. b, t q writes and schools. now some major global companies are speaking out, saying laws are not just wrong with it. they're bad for business. google and mastercard, uni leave, i and deloitte. these are a few of the major companies with operations and uganda that announcing the latest anti l. g
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b t q plus legislation passed by the countries parliament. they are part of an international coalition of leading firms called open for business. they argue the loss will damage uganda us economy by curbing investment flow and deterring tourists. it puts business is in an impossible situation. either violates the law in canada, on the abilene news international asked hundreds of corporate responsibility as well as human rights laws. the counties in which the i had the bill, which is still awaiting the president's signature, criminalizes identifying as lesbian, gay, bisexual, transgender, or queer. it also imposes the death penalty for same sex relations and requires businesses to report stuff they perceive to be algae b t q plus open for business, says the vol would ona my and the ability for companies to recruit a diverse and talented workforce. it cited its own study,
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which found that countries that didn't criminalize consensual same sex relations attracted $4.00 times more foreign investment than countries that did anti edgy b t q plus legislation and kenya cost the economy $1300000000.00 at claims. but even economic incentives are unlikely to sway president was 70 against signing the bill into law. the people around the world. many muslims are currently observing ramadan, meaning they don't eat or drink during daylight hours and traditionally break their fast with a meal in the evening. but getting food on table has become more difficult in times of surging prices. take a look for muslims around the globe. it's the holy month of ramadan. at sundown, those who observe the holiday break fast with an if tar meal. but the sky high cost of basic goods is making it very difficult for many to afford this important ritual . in baghdad, iraq prices have risen due to
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a combination of insurgencies and political and economic crises of our little foot saw their families who suffer from difficult conditions that we can't even imagine . sometimes that not all citizens can afford a simple bottle of cooking oil. it's very difficult for those families even to afford pakistani or whose back rice. they may not even have a rash card from the government to get these items at cheaper prices. many families have gone through difficult things like displacement, moving from one region to another political so they could be missing these cards a minute, but either all from other political bog. so charities are stepping in to soften the burden on families. this is also the case in lebanon, which has endured massive economic contraction for years. its currency as d value, 95 percent, pushing millions of people into poverty. blaskowitz is he had gotten a cinema more meals this year, even though the economic situation is very bad. but thank god,
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there are good people who are helping we've received a lot of calls asking for our aid. we're covering as much as we can. i it was said hm. the loud, mucky, nominal up. the i'm not that are in the west bank. the i'll takia abraham soup kitchen, serves $4000.00 people each day, an expense that adds up to $260000.00 euro for the month of ramadan. in the face of hardship, a shared faith, keep the less fortunate afloat. and finally, we've been reporting on french protests over new pension rules while while the country debates, whether the new measures are constitutional protesters are enjoying something of a musical interlude with a full orchestra, playing a pueblo noodle, hamas it off in a pseudo popular workers anthem from chile, the french government recently increased retirement age from 62 to 64. the protest came fast and loud and have rarely been as pleasing to the year. all right, that's our show. i'm seeing beardley in berlin like walking with
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a deal here we are, your is actually on fire made for mines. ah, ah. this is dw sly from berlin chinese warships and fighter jets around taiwan for a 3rd consecutive day of mandatory exercises with the successful completion of operation joint sword. beijing says its military was sending a warning to taiwan after the islands president.

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