tv Business - News Deutsche Welle May 15, 2023 5:45pm-6:01pm CEST
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with advice filing for bankruptcy will take a closer look at the shock waves running through the medium and will show your high man in ireland. not only turns all aircraft 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 and it's for growth forecast for 2023. monday the commission announced a more pop look for the european economy, raising its growth forecast by 0.0.2 points to 1 point one percent for this year. the executive armed with the usead european economy, had a better than expected star to the year. thanks to the decreases in energy prices approved supply conditions and with the support of high employment. all right, for more of this, let's bring in marietta mattress. she's the deputy director at the brussels based
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economics thing. think bravo, welcome back to the program. now the ear commission is predicting gbi gross to pick up this year building on a better than expected start to the year, which are the most notable aspects here to you. well, i think it's a quite remarkable actually, that the pen economy has been so resilient to what it is on doesn't mean any kind of a show. okay. and with every full cost of the news when it comes to gross, uh better so that that shows remarkable resilience employment, oldtime high unemployment all time. no, this is wrinkling use for the economy and the resilience to a what was any kind of a cost struck? the bad news however is inflation. and this is where we get stickiness. high inflation is very high, but he started to levels and these here to say is, 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 as well. originally,
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inflation had to do with that was the energy prices. now, most of that part of the, the, a component of the crucifixion is now going away and what remained is what we call the 2nd drawn effects. wages are going high, understand them 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 a much higher than otherwise, otherwise seen. so there is like a feedback mechanism. my work is also high wages and firms increase price is 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 s projected ukraine's the economic growth saying it expects gdc gross of 0.6 percent of effort tumble up almost 30 percent amid rushes attack. where does the you see
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this growth coming from as this war continues? well, i think it's been used for ukraine and alta. uh no, it's a very good and effect until the war ends. we're going to see still a depletion of the capital in and ukraine and therefore the bill for rebuilding ukraine increasing. we're not going to see the drugs that we saw last year in the ukraine economy, but still, i say 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 when the rebuilding is out of schools will house. but he will not reverse the cost of an economy that has been devastated, where we have the masses of a brutal thing. think, maria, as always, thank you. and also some of the other, your little business stories making use. tucker stocks tumbled and deliver our plans to its lowest since march. as president renter type out on fan to secure an
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outright majority in the initial around the presidential elections. and investors are closely watching the outcome of a run, a full because of who's to add one's an orthodox leadership of the economy. the international monetary fund says it expects 3 lincoln economy to contract by 3 percent in 2023. due to the unfavorable external environment. the country is still battling when it's the worst ever financial crisis. the i'm s lender for the income, almost $3000000000.00 to help tackle the total and 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 you officials before approval on wednesday. once harold, of as vanguard of online use platforms that the re shape for the traditional media landscape, vice has filed for bankruptcy in the united states. buys media group,
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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 its profit margins remain low. the company said it will continue to operate during the bankruptcy process. last month, the 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 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 to kind of pitch which was yeah, we knew how to speak to young people like me to come and his don't. but they could never really turn that into
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a business model. and they tried lots of things. they tried to find advertising, they charged agency work. they tried making tv so. so that's how that comes to as, as a production company about at the end of the day, they never figured out how to turn the pitch of them. so it's young people into a viable business model, 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 the impulse and stories. but they never match that with, with a kind of matching a revenue stream, the digital advertising market and never became the kind of cash cow that they need to be in order to fund that kind of work. and eventually invest as stuff being willing to subsidize the not activity in that. so that's when we have issues like
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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, it's 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 new sites. a word, it's about what happens to that referral traffic like google is sending them if people can just guessing on said, on the 1st page. and then google results told to them by a google a. all right, does that mean that they didn't visit the site as much? and i think that's a worry, particularly in a world where, where
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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 85 meter long piece of aircraft and installed this garden as a home 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. wait 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 or find shelter in the upset because part of an old airplane finds leveling. and the love to find the console appear on the bank and looking at it at that the see that can watch people surfing, they can watch people signing on their system and here and, and the comfort of this the send the house. so tell them,
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don't nicole island is the proud owner of to, for my across campus. when you're by the see here, everything rust the windows in the bathrooms. the doors handles everything. a rust so far with these are the pink, 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 instead of well state. the international ad transport association. i add 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 ever. so you're going to strip into janesville into and, and cabin ranking out the founders of airports. they came up with the idea of up. so i came planes 2 years ago since then they to move inside the across parts into god and sheds mobile offices and holiday homes. an airport costs between
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20045000 years, depending on its size and features. we're basically buying that on the last flight . we've bought the fuselage sale as soon as it lands we have one ordered so and everything else 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 be 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 hold and slowly move installation. and the house has to be re wyatt, special pay their shampoo 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 of the tiny homes 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, you 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
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there as well. and in many places, the see can be pretty rough to and as a reminder of our top stories for you, despite the type of inflation in the arizona, the european union is optimistic on his growth forecast for 2023. the commission has announced a more positive outlook for the economy, raising escrow forecast slightly to 1 point one percent for this year. and once harold, as vanguard of online use platforms, vice media, the owner of the vice, and i'm other websites as filed for bankruptcy, with revenues drying up. and that's our show for an hour or more check out our website at www dot. com slash business. you'll also find us on the dw and use youtube channel press colburn. roland, thanks for watching the,
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70 years dw. guardians of truth. my name is junk and and i have paid almost every price of being enjoying this in a country like to tease taking on the powers that be they risk every thing they want to me and they try many times john, don't r s activist journalist and politicians living in exile to it's what drives them too much on my shoulders. but i have to hold this way because i'm responsible for the future. all countries for the people behind the past, the courageous effort against corruption and political crimes.
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the in our series guardians of truth watch now on youtube dw documentary, the, this is the w news line from the tech is presidential election, will be decided by a run of no clear winners the match from sunday. setting the stage for a 2 week battle between the incumbent and present time, otherwise, don't position confidence. kamali can each doubt also on the program. ukraine's president that leads to britain's prime minister ought to be as lensky and vicious do not hold.
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