countries, um, obviously the plan is gonna be the most difficult of all these uh, kind of items of the wish list because it needs a lot of infrastructure, the bases. and we'll just back pause to make it work. so whether that be possible, set it up while ukraine is being palms that day in day out is a different question. but i think most important thing is that even if weston countries don't give him the jets thinking to give him something else, instead he's always, it's about their asking bank and then getting something in return. even if you don't get your 1st choice straight away. thanks to that, make a big connolly increase. that's it. you're up to date. so more. well, there's at the top of the our business updates in just the people in trucks insured when trying to free the city center more and more refugees are being turned away. these correct only straight pieces. extreme

getting 200 people around more than 300000000 people are thinking yes. because no one should have to make up your own mind. double you made for mine's of the a better than expected star to the year. the commission increases in the comic outlook for the blocks will show you where growth is headed and then lower energy prices and less supply chain hiccups. also coming up once valued more than the new york times. now it's out of money with the vice filing for bankruptcy, we'll take

a closer look at the shock waves running through the medium. i will show your high man and ireland not only turns all that craft into new office space, but also how he created a business doing so. of course cobra and roland. welcome to the program. despite the type group of inflation in the arizona european union is optimistic on this for growth forecast for 2023. monday the commission announced a more positive outlook for the european economy, raising its growth forecast by 0.0.2 points. to 1 point, one percent for this year, the executive arm of the usead, european economy had a better than expected star to the year thanks to the decreases in energy prices, improve supply conditions and with the support employment right for more of this net spring in marietta mattress, she's the deputy director at the brussels based economics thing. thing robo.

welcome back to the program. now the ear commission is predicting g v. gross to pick up uh this year building on a better than expected start to the year, which are the most notable aspects here to you as well. i think it's a quite remarkable actually does the pen economy has been so resilient to what it is on doesn't mean any kind of a shelf. and we've every full cost of the news when it comes to gross a better so that, that shows remarkable resilience, employment all time, high unemployment all time. no, this has been going use for the economy and the resilience to the what was any kind of of cost struck. the bad news however, is inflation. and this is where we get stickiness. high inflation is very high by historical levels. and these, here to stay as this is what do you make of this, a predicted increase of inflation this year in light of all the efforts of the european central bank to bring it down. well, originally,

inflation have to do with that with the energy prices. now most of that part of the, the, a component of a decreasing function is now going away. and what remains is what we call the 2nd drawn effects. wages are going, i understand them today because households and workers are asking for higher wages to deal with very high prices. and on top of that, we also see that the corporate sector has profit, so those are actually much higher than otherwise uh, otherwise seen. so there isn't like a feedback mechanism. the book is also high wages and firms increase prices to a witness high profit. so there is what they see because it takes for tests inflation. one asks and the other photos, this is what's making it sticky, and therefore a here to stay for some time. maria ukraine is a candidate for you membership. so for the 1st time that your commission has projected ukraine's the economic growth saying it expects gdc gross of 0.6 percent after a tumbled almost 30 percent amid rushes attack. where does the you see this growth

coming from as this war continues as well? i think they use for ukraine and alta. uh no, it's a very good in effect until the war ends. we're going to see still a depletion of the capital in an ukraine, and therefore the bill for rebuilding ukraine increasing. we're not going to see the drugs that we so last year in the ukraine economy. but still, i said, you cannot, we expect the economy to come out of trouble for as long as the russians are invading the country. i think this is so this is the, the, the, the bad news that you don't pay you didn't. of course, he's committed to helping ukraine both now and later with a rebuilding of that of course will house. but he will not reverse the costs of an economy that has been devastated, where we have the masses of the brutal thing. think, maria, as always, thank you. and now to some of the other global business stories making news, parker stocks tumble then layer. and there are plunged with lois since march is present aggressive type. i don't want to secure an outright majority in the initial

around of the presidential election and gear up in gear for a pick up for a set up. a run us an extra for an investors are watching the outcome closely because of this data on, on orthodox leadership. on the account of the international monetary funds as it expects for lacking economy to contact by 3 percent in 2023. due to the a favorable external environment, the country is doing badly with this worst ever financial crisis b. m. s. lens for like almost $3000000000.00 to help tackle the term on the european union is expected to finalize its new renewable energy target this week. the block aims to get 42.5 percent of its energy from renewable sources by the year 2030. the final law will be reviewed by the officials before approval on once. once harold, of as vanguard of online use by forms that re shape for the traditional media landscape, vice has filed for bankruptcy. in the united states, vice media group,

the owner of the vice and motherboard website, is said to be sold to a group of it's lenders, the use focused digital publishers. revenue have been flats in the past years and it's profit margins remain low. the company said it will continue to operate during the bankruptcy process. last month, vice announced layoffs after its flagship tv program was shut down. before the show, i spoke to joseph teasdale, head of tech and enders analysis. i asked him what he things went wrong, advice. i think the basic thing that went wrong advice is that they never figured out a viable model for making free content available on the internet. and not even though they didn't really figure out the model, they never figured out a model that was viable. they never figured out a model to they had a kind of pitch which was, yeah, we knew how to speak to young people like told me to come and his band. but they

could never really turn that into a business model. and they tried lots of things, they charge online advertising, they charge agency work, they tried making tv so so saw the company is as far as the production company bought out the end of the day, they never figured out how to turn the pitch of the image source young people into a viable disassembled and does that basically the same point that also led to bus v news going under? yes, i think it's, it's basically the same phenomenon, which is of these companies were spending actually quite a lot of money on investigative john isn't a serious investigative journalism that involved sending people to far as locations to do deep reporting on impulse and stories. but they never match that with, with a kind of matching a revenue stream. but digital advertising market never became the kind of cash cow that they needed it to be in order to fund that kind of work. and eventually, invest is still being willing to subsidize that,

not that activity and that so that's when we have issues like about closing costs, the news and, and by $600.00 bankruptcy when looking at the, the, a i future including how google is integrating a i and it's search product. how will that affect news businesses going for? and i think that is going to be an important tool for journalists to use to help them do things like edit, summarize, and maybe even generate story ideas. but anything is cancer fundamentally changed the business of, of journalism which is still going to be people going out into the world. ready and figuring out what's going on and telling people about that. i think it's just, it's new sites where it's, it's about what happens to that referral traffic like google is ending them. if people can just guessing on said, on the 1st page of google results, told to them by a google a i, does that mean that they didn't visit the site as much?

and i think that's a warranty, particularly in a world where, where a company is trying to make money, possibly through advertising. joseph teasdale of enders analysis. joseph, thank you. thank you. it is to ireland now and a man that converted a 5 meter long piece of aircraft and installed this garden as a whole office space, the social media frenzy about it so high that he has now turned the whole thing into a business. aero pod now recycles old aircraft into chic huts to the west coast of ireland as well known. so it's unpredictable with one minute it's on the and then all of a sudden it's writing. anyone who wants to watch the waves. you have to wrap up pool or find shelter in the upset because part of an old ad to for my across campus when you're by the see here, everything else, the windows and the bathrooms,

the doors handles everything. a rust so far with these are the pain, fantastic, you know, no rust and no meant. and so we think a very, very good investment there are across graveyards, all over the world like this one and how to well state the international ad transport association. i to estimates that $700.00 planes go out to service every year. the numbers rising, finding ways to reuse that puts is more important than that. so you're going to strip in test, shane, so intern and catherine. rec, and other founders of airports. they came up with the idea of up section planes 2 years ago since then they had moved inside the across parts into god and sheds mobile offices and holiday homes. an airport costs between 20045000 euros, depending on its size and features. were basically buying that on the last flight. we've bought the fuselage sale as soon as it lands we have one ordered,

so everything us and the plan has been recycled and sent all over the world to to be read on the some of us going back into plans to refer to flying again and, and the likes of what we're doing here. we're basically use nearly easy percent of everything in the plan. someone's on the bottom to walls and floor need more installation and the house has to be required. special pay there. sure. and how do you like on that side? this starts up can build a small house from plain pods in 2 to 3 weeks, even with a kitchenette and the bathrooms. a tiny house in america in the states is huge and it's getting that we're to hear even, you know, people realize now that we can't build a big house just like we always did, we can't do it like, you know, you can't hate them. that's why the 2 irishmen are planning to expand the business to the european continent. heating cost on the rise there as well. and in many places, the see can be pretty rough to and here's a look at our top stories despite the tied grip of inflation in arizona. european

union is optimistic on this growth forecast for 2023. the commission has announced a more positive outlook or the european economy, raising growth forecast, slightly 1 point one percent for this year. and one's harold, as vanguard of online use platforms, vice media group, the owner of the vice of model building websites, has filed for bankruptcy in the united states. and that's our show for now, for more children to take out our website at www dot com slash business. i'm of course cobra roland. thanks for watching. a very successful day. the

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