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tv   Business - News  Deutsche Welle  April 26, 2023 4:15pm-4:30pm CEST

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stop israel is celebrating us independence day, marking 75 years since the state was founded. more than a 100 israeli air force planes. helicopters and drones are taking pod and fly past that joint. but pilots from germany, the u. s. and the u. k. that's it from me and the news team for now. i'll have an update for you at the top of the hour and i'll stay tuned for your business uptake with brought some golfers in berlin from me and the team thanks so much. i come have a g g t v highlights you every week in your in box. subscribe. now. would i be a 30 day? it's 10 times more holocaust survivors in postwar,
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germany for them. life after 1945 through today has meant starting a new and processing the past. it's been a common notion in the post war period until and part to day. nazis are always those other people under the ongoing struggle for remembrance and against denial. in the land of the perpetrators starts may 6th on d, w with caught in the crossfire of the us china trade war, beijing may be about to ban some american micro chips. so we'll other asian chip makers, step up their chinese export strike to that started at iran's oil fields, have spreads to other sectors of society. so our radians coping with extreme
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inflation and all dried up argentine as far as getting used to drought or how can they adapt to a changing climate? this is date of your business on robots in berlin. welcome to the program. the white house is preparing for a possible move by beijing to ban and major us chips maker. chinese regulators say they're conducting a security review of microns products. they say the move is to prevent hidden risks and safeguard national security. but us says there's no evidence against micron microns cooperating with the investigation which follows a wave of explore restrictions from washington targeted at china's chip sector. meanwhile, the white house is asked south korean firms not to supply beijing with extra chips . if my com semiconductors are banned, well, let's go deeper into this with correspondence. so song hahn is in tie pate. so just
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let's get to the bottom of why it appears the beijing is trying to ban microns chips. well, rob 1st basing was to retaliate against washington. they think that my current is one of the driving forces behind the u. s. chip act, which helps the u. s. to crack down on china semiconductor industry. the chinese government doesn't view migrant as a friendly business partner. and the chinese market accounts for 11 percent of microns overall revenue, not a small number, so must have some impact for micro. secondly, china wants to use the power of the government to help the countries corporate development. micron is the target because it's products are not, you replaceable. so even if my current is punished, chinese manufacturers can find substitutes to reduce the impact and even the salary . the use of the method chips by chinese companies. but for now, how easy would it be for china to make up for any shortfall that came about from
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banning microns imports? well, they didn't is ready before they star the move. now that the global economy is uncertain and the demand for consumer electronics such as cell phones, laptops and monitors is declining, which in turn has led to an oversupply of memory chips. in this context. if my cross products can not enter the chinese market directly, it will indeed cost supply chain problems in the short term. but chinese enterprises adaptable and it is believed that they will be able to switch to using china's own chips within 6 months. so in the long run, it will be beneficial to china, but in the meantime, china might be looking to source them from elsewhere. so it's south korea looking like it could find itself, course between trying not to get on the wrong side of this gigantic partner over gigantic neighbor indeed. and also trying not to lose the face of the united states . well, yeah,
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it is happening right now. the u. s has acts soul to encourage them on electronics and as k hi likes to hold back from boosting sales to china. it bands my quote from selling under an ongoing investigation south korea's president unit is now in washington for a visit. so this is the key moment for south korea to set its foreign policy direction. some commentators believe that south korea has officially joy the new cold war between the us, china and russia, in order to protect itself from the possible nuclear attack of north korea. ok, so some han in taipei for us. thank you very much. we have done now oil workers strikes in iran are spreading. they've been going on for months with employees from several industries protesting against inadequate wages. the strikes come at a time of spiraling inflation with complaints over deteriorating living conditions and a widening gap between household income and expenses. for suggest the industrial action
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is also spreading to other sectors beyond oil, oil workers have been offered. wage increases around 25 percent. that's well below the 79 percent that they're calling for more on this, let's speak to neil fog allow me from did we as far as the service? thanks a lot for joining us. can explain to is exactly what the work is in iran want. yes. didn't did the nationwide this try get started with or bore occurs, but as the reports can continue to publish from inside a room in the wrong m a v have a lot of reports that's a nationwide destroyed has been spread among the other workers and it's not just only limited to only war cares and they have some specific demands from the government or one of them. and the most important, i think it's on that. and that's the government's as says that are in the new
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year. dare a salaries be it would be raised for 27 percent, but actually did workers asked for 80 percent because and in government sources and declared about their inflation and dean collation rates right now in iran for the last year. it was a 60 to 70 percent. so day i asked for raises in deb salary and date of once more rights. i mean, i'm a rice in the work place. i mean right to strike. and i right to have their own associations and their own organizations, which is now el, somehow can say government backed organizations and not a real workers, organizations and real world carriers association and faces mccolan. so many pos
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the world. but as you just indicated in iran, it, it really is in a different story in terms of how high it is. so how are people that coping the inflation of thought level if i want to answer your question in one word it's, it's very hard. but a destiny, the reason that we see a lot of projects that we see lot of work here is a lot of retired o r m taking to the streets as see their demonstrations because the situation, the economy called situation actually are right now i can say it's very bad, and inflation rate is so high and the normal salary of the workers of the teacher is bay below the poverty threshold. and that's why that we can see, and people are really and do a lot actually to just try hard to bring food to their tables. and that's why we see that every day we see the friend protests in different cities of iran,
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or for different groups and workers, teachers, students, and india. but the situation right now, and especially after after death, a nationwide protest of b. m had seen for the past, mom says it's i can say is getting worse and worse. difficult times for iranians are neither fog allow me from des fozzy service. thank you very much. now let's take a look at some of the other global business stories making the news. the u. k. competition regulator has blocked. microsoft's planned, $69000000000.00 take over video game maker activision blizzard. the company behind games like call of duty would be microsoft biggest ever acquisition antitrust watchdog fears, microsoft would keep activision games off competing cloud gaming platforms. u. s. air condition, a giant carrier is making a big investment in green heating, it's buying the heat. pump division of germany is this man for $12000000000.00. a
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pumps is seen as a key way of making heating more climate friendly. they take over his res, concerns in germany, though about foreign control of an important technology. ukraine's economy is expected to grow 1.6 percent this year, according to the vienna institute for international economic studies. last year g, p tumbled 29 point one percent is millions, flat the country and production was halted and the war and improving business environment energy supply, the grain deal and 8 are hoping the mccraney and economy and the european union has agreed a deal to set binding targets for airlines in the block to increase their use of sustainable aviation fuel. brussels aims to increase demand and supply for green fuels that could help reduce the carbon footprint of the sector, which is considering, which is considered one of the hardest, the carbonite or something. the argentine as far as it getting used to another
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damaging drought has hit harvest in one of the world's biggest exporters of corn, argentina. and it's agricultural workers. now know that they need to adapt an old piece of corn. it's never been harvested. it's all dried up, it happens all the time, all across argentina. fidela go, chef us farm is located near the town of navarro. he keeps his cattle out on the range, only adding feet in winter, usually mays. but last september, he was unable to plant any, as the soil was too dry. what little his sword, after some december rain has now died off, it's not worth harvesting. schaeffer decided to leave it all out. so at least some wild animals could get it. longoria said to her and then any milo, i'll have to sell some animals so they won't have to starve for a moment. right now. i couldn't possibly feed them shipping or go i usually have around $250.00 cattle soon. it will be more like 40 or 50. some people have been here for 6 decades, and they've never seen such a drought nor god. we don't wanna on,
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i figure that kind of in the 2nd quarter is usually when corn and soil brought in argentina, most important crops, ground up or processes oil. they're the country's biggest goods for export. and that's why every drought is direct hit that argentina's economy as it has been in 200100920122018. i caught a day guard or says this year will be another case. really, amazon can see me in took what i mean. we were actually acting for the economy to grow by one and a half percent this year here. but the drought has had exports and the economy had been and now we're expecting a g d p. drop of 3 percent. that means the central bank will miss out on $15.00 to $20000000000.00. good minot, the english was 101, got into that in turn means that inflation could rise from 95 percent last year to 112 percent. and make it even harder for argentina to stay within the budget rules
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dictated by the i m. f. the economists delgado doubts that the income shortage can be made up for by cutting expenses, especially not in an election year. so the question is, how can argentina be less dependent on its agricultural harvest? industrial secretary, her c ignacio, to many golden rod up a plan had cause for massive investment in energy and minerals. he also wants to strengthen the industry, service sector and tourism. look at us in de leon while we're at the castaways. the government offers tax rebates. i leave foreign currency axis, but meatica and also low interest rate to all who expand the export market? the city of the tax id days at toll the look is liked book that she on at the she and then at that low coward at any emma. but it might take years for argentina to restructure its economy. and the short term little can be done to increase the
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harvest and strength of the country's economy. that's all from us this time, ah, exploiting labor and generating loads of plastic waste. vegetable growers in southern spain have long had a bad reputation. the germans supply chain at the supposed to ensure fair wages and environmental protection, but will have an impact on the situation in spain made in germany next on d, w. o . in the trio taking on nigerian trafficking networks now he got to finish with the when it comes to
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trafficking nigerian women for sex. they're always saying the same thing about you get to go without having to painting it. obviously that's all and i am in a form that yes and then we succeed in restoring this young girls ability to treat and it's something that really is price and met a man that gives me known to what i do. the trio combating shady dealings starts april 29th on d, w. ah, ah, ah, ah, how is russia's economy holding up under western sanctions? well, it depends on whom you ask.

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