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tv   Business - News  Deutsche Welle  May 10, 2023 8:15am-8:31am CEST

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of our top stories protests ever updated in cities across pakistan following the shock arrest of former prime minister in the dramatic escalation comes and made growing pressure on pakistan's coalition government to hold early elections. so for me, for now after a short break case, ferguson will have our business update for you. and as always, there's plenty more news and analysis on data view dot com. and you can follow as on social media on public police. i'll see you again at the top, often act or take her room break because these orchestra called the brain continuously adaptive sales. we ask a few, a few questions. we arteries,
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ones for us psycho cause as a monster waves. how powerful over your thoughts. we can control our thoughts, which makes us very powerful. questions about the universe and the rest were series 40 to be answers almost every thing this week, often double you. the millions of people into john are in urgent need of help us fighting between viable military function is continues with access to health care, food and fuel curtailed aid workers. they funds are desperately needed to ensure the basic needs are met. office on dialing, sinusitis trades,
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vigorous suggest weakening to mind at home. a long sized increased appetite for chinese products. abroad and construction is underway on what will become the world longest underworld, her frail on the road tunnel, lincoln, germany and denmark. this is the only business on kate ferguson. the thanks for joining me. aid workers in to don say, humanitarian programs are on the brink of collapse, of fighting between arrival military functions continues. the you and refugee agency says that urgently needs more funds to bring supplies to the millions of people in need. hundreds of thousands of people have fled to don for neighboring countries. for those who remain access to basics like food and electricity is no longer given. there is still plenty of goods in this market in west. so how bashi, 100 kilometers, north of the capital costumes, meet vegetables, live animals. but the conflict is hampering the traders business. that's. i've
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never had a single that the wall sconces fuel prices have gone up. there's no cash, no electricity on them on agriculture is to dance most important economic sector, but exports to neighboring egypt to collapse because of the unstable situation. fewer and fewer goods are reaching the capital as well. there are growing concerns . the people here will soon not be able to feed themselves as well. and i expect all of the retainers and small distribution shops will run out of supplies within a month. the food supplies will be money existence because almost all food companies in costume have been looted since the beginning of the conflict, seen by. the threats of famine is looming, the conflict could permanently damage the country's economy. most of students, businesses are located in the capital and many have been destroyed or looted a coupon so, so, so this looks like the economy is collapsing and i'm afraid that it will. and many,
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many companies have been looted in charged. and mine is one of the lucky ones that have been with the lessening security situation. it could you help me to ask any time and, and obviously with the students conflict has road havoc on a country that was already facing a perilous future that spring. and i'll be a little dang, she's an independent east africa list of the old many people incident are struggling to access basic goods like food and seal. you have a deep connection to the country. tell me if i what every day life is like for the people still there as i am. yes. well these prior to this um, you know, the breakout of the civil war were already quite difficult. um, the country had been facing uh, pretty deep sessions and people have been very much hit by the global slow down posterior ukraine. more so driving costs of energy and also food commodities was re
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hurting the population. as i live, my own family and friends who were there are people who fall into categories and those who are already somewhat valuable. so quite a few them are refugees, friends, stop to then. um and others are people who are heavily dependent on family members who live abroad, particularly in western countries or in the middle east or east africa. so the reality of the situation on the ground is that like cities have just and completely disrupted in the economics. how about the country in the cartoon area? and on top of that base have been disrupted. it's very difficult to acquire many and transfer it. um and so you know that there are items available as, as was described to just now the, the ability to purchase standards already. uh, it is very difficult. um the price is obviously skyrocketed. and even prior to this price is there was already an issue for many people in terms of just
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a $40.00 what was available in market as well as of high cost as of been huge, damaged infrastructure has now i've been seeing some reports saying that 70 percent of hospitals into don are not functioning right now. what needs to happen to make sure the situation doesn't deteriorate, even further slow id. so the main thing is that there has to be a viable ceasefire. we've seen that every ceasefire has been, has been violated. to some extent, you know, we begin to wonder whether either, so i can really control their truth. they are obviously on both sides be funded by paid masters abroad and continue to to somehow encourage them to find spike. uh oh um, also all different sides of urging them to the to the bargaining table. so i think the main main issue for um to that is for the international community to really have or that they're really about the questions too in violation of human rights.
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there's been a very quick shift and there's prices to immediately focus on these fire and on the pragmatism, but not re hammer again and again the theme and rights aspect of it. and i think this is a mistake because it always feels like both sides feel like, okay, we're gonna, we're gonna do everything that we can to show that we want to negotiate. while on the other hand, we're also going to make sure that we secure a key strategic military um position, so that we're in the best space to negotiate when possible. so i think that this is also critical mistake is not denouncing the human rights violations that are taking place and not promising that there will be follow up. and the ripley effects of this conflict go well beyond saddam as well. many, many people have fledged neighboring countries, places that are also key trading partners for the country. how well equipped are they to deal with this classes? i see that almost every single one of the neighbouring immediately neighbouring
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countries of with the exception of many egypt we'll have great difficulty in as worthy of such large population of refugees. obviously there's countries in the gulf like study rate. again, we have now they're going to take people in, but the countries such as asia it will be difficult. i already have a very large population to sit in these references there. they do have the logistics capacity to welcome people in. but the reality is that there isn't so much that can be done pretty uh, pretty strategies economically in the long term, without international match guarantee. and then for other countries like chide and stuff down there already. uh huh. okay. that already having their own crazy. we'd like to geeze displacement little that was as complex and food is security. it's almost an impossible task to reduce your rate the return use of their own countries and refugees from this crisis without a significant amount of international nigerian avery's specifically for the
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subjugation desperate situation. there are loading. thank you very much. china as nice as trace figures. our eyes on the paint, a mixed picture of how the world's 2nd biggest economy is faring. exports rose 8 and a half percent from last month. that slightly more than a voice was pulled. economists had been expecting imports on the other hand, fell almost 8 percent in april compared to a year before assigned a weakening, domestic demand. despite the recent lifting of pump demik restrictions, the license numbers and leave china with a trade surplus of over $90000000000.00. so earlier i spoke to cis honest research, he's head of money in marcus ad, hargreaves, alonza and i asked her if these license trades figures were good or bad news for china. but as you say, it is a bit of a mix 5, but meanwhile, it does point to cautiousness as well in the domestic economy. because impulse flow,
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then we did already have inputs dropped back and we did what do you have indications that this was likely to be the case because of closer with the expectation of possible targets for the global economy ahead. digital surprise perhaps that's chinese consumers and also companies as well. um, you know, a little bit more cautious market unless is on us. are you sure there now is to the baltic sea, where construction of the world's longest underwater rail and road tunnel is under way? the 18 kilometer passageway to be completed in 2029. will link denmark and germany . the 10000000000 euro project crosses a stretch of the volt exceed known as the fenmont belt, and we'll have to double lane motor ways and to electrified rail trucks. in our next report, you'll meet the people making it happen right now. it's not much more than your ups largest construction side. on the cost of denmark,
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2000 workers are busy preparing for the total. it will consist of prefab elements like this one. they are currently undergoing testing of the inside the home. this is what makes these elements specialist at the port as one piece is usually we would 1st and pour the foundation that the walls and the top. but here we are doing the whole segment as one piece. i'm going to better control any tensions we might otherwise encounter them. we have to prevent cracks and make sure everything is absolutely water tite necessarily to put this in. the prefab segments will later allow for 2 tracts, for trains and 2 roads for cars. each one is over 200 meters long and 40 meters wide. they'll be built a land lot into the sea and connected at the depth of 30 meters to contact the the, the we know the thinking here will destroy some reese,
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but not too many. what destroying point 05 percent of reason to send this annual plan. newer rece elsewhere instead, and they will cover a much greater area than what we have so far. we have to no, no, no, i'm still in the same our total is set to connect denmark in germany running underneath the baltic sea passengers and cars and trains will see travel distance is cut by 160 kilometers. shane trips will be 2 hours shorter to lose the and i'm the wonderful enough i guess from your current trust me on the forecast. it says we will have 111 trains taking the tunnel road every day. and that is what we need to run this project profitably. let's have cars. starting at 2030, we will likely have 12000 taking the tumble every day. on the german coast construction only started the 2021 law. so it's had to late the project here,
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but now it's full speed ahead for our project that's been in planning for more than 2 decades. what does she think you need me? it was a fun. indeed. it takes a long time to navigate the approval process in denmark and germany as well as now repeating that mention alicio. and we had to be really patient to get here to make sure that all rules regulations of stipulations of being followed both really on the drum and the end, the danish side. it looks like the void of the initial. it's a 100 thoughts as i to in denmark, zip current and words, not the entrance to the tunnel what traffic will be flowing in just a few years. under major of our top story aid workers into don site, your monitoring programs are on the brink of collapse as pricing between viable military functions. continues. hundreds of size into fed to don for neighboring countries. many who remain are struggling to access placing supplies like food and i'm not fit for me for me or you can always check out the comments slash business
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