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tv   Business - News  Deutsche Welle  May 16, 2023 1:15am-1:31am CEST

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after eating best and have a pot that may digest, crushes meditative last the 1st set, 63 to his spanish opponent. but then he settled down and dominated the rest of the way, winning the next 2 set 6163. instead of has reached 5 straight finals in b a t p tour winning forth and with that, you are up to date coming up next a better than expected outlook for europe's economy. increased. cobra has the details on dw business on this plan. the more news uh, analysis on our website, you to view talk for me of the team. thanks roger. take care. the
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70 years, dw i. she's got any issues with a lot say what? the, the, a better than expected star to the year. the commission increases. it's economic 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 the new york
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times now sort of money where the vice 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 old 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 arm of 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 next spring in marietta mattress,
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she's the deputy director at the brussels based economics thing. thing. bravo. welcome back to the program. now the ear commission is predicting g b growth 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 because the pen economy has been so resilient to what it is on doesn't mean any kind of a show. okay. 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 costs 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,
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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 very 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 is like a feedback mechanism of work exhaustible 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 follows. 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, as well? i think they use 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 an 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 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 brewer, the think tank. maria, as always, thank you. and also some of the other your little business stories making use. miss tucker. stocks tumbles and deliver our plans to its lowest since march. as
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president renter type out on the fence to secure an 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 its worst ever financial crisis. the i'm s lenses for long cut 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 tickets. 42.5 percent of its energy from renewable sources by the year 2030. the final law will be reviewed by you officials for approval on wednesday. once harold, of as vanguard of online used by farms 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 and 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
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could never really turn that into a business model. and they tried lots of things, they tried to find advertising, they charged agency work. they tried making tv so so saw that comes to this as a production company about at the end of the day, they never figured out how to turn the pitch of bands towards young people into revival 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 the impulse and stories. but they never match that with, with kind of matching a revenue stream, the digital advertising market and never became the kind of cash cow that they needed it to be in order to fund that kind of work. and eventually invest as still
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being willing to subsidize the not activity in that. so that's when we have issues like as the 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 into it search product. how will that affect news businesses going for? and i think that is going to be important tool for journalists to use to help them do things like edit, summarize, and maybe even generate story ideas or anything. it's cancer fundamentally changed the business of, of journalism which is still going to be people going out into the world 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 not referral traffic like google is ending them. if you can just guessing on said on the 1st page of that google results told to them by a google a. all right, does that mean that they didn't visit the site as much?
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and i think that's so worried, 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 85 metre long piece of aircraft and installed this garden as a whole office space, the social media frenzy about it so high that he is now turned the whole thing into a business. aero pod now recycles old aircraft into chick hots 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 right. anyone who wants to watch the waves, you have to wrap up pool or find shelter in the upset because part of an old f, a science loved them, 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's funding,
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and there's none here and, and the comfort of this the send the house. so tell them, 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 rust so far with these are the pink, fantastic. you know no rust and no meant. and so that 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 to estimates that $700.00 planes go out to service every year. the numbers rising, finding ways to reuse the pods is more important than ever. so you want to strip, it does change zone to an in cabin rack and not the founders of airports. they came up with the idea of up section plains 2 years ago since then they to move inside the across parts into god and sheds mobile offices and holiday homes. an airport
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costs between 20045000 years, depending on its size and features. were basically buying that on the last flights we've bought the fuselage sale as soon as it lands we have one ordered. so and 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 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 walls and slowly move installation and the house has to be re wyatt, special pin or 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. 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 the big houses 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
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to the european continent. heating cost on the rise there as well. and in many places, the sea can be pretty rough to and as a reminder of our top stories for you, despite the type squared of inflation in the arizona, the european union is optimistic on its growth forecast for 2023. the commission has announced a more positive outlook for the economy of raising this growth forecast, slightly to 1 point one percent for this year, and ones, harold, as vanguard of online use platforms, vice media, the owner of the vice and model for websites as filed for bankruptcy, with revenues drying up and that's our show for an hour for 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,
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thanks for watching the the . is it possible to simply tear down history hello of all trauma all over eastern your soviets monuments are being top 10. that's your rooms is demolishing at the same as dealing with this close on the dw with a pulse. the beginning of a story that takes us along for the ride. it's about the perspectives culture
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information. this is the the news w for minds or sports scoring. we say there about never giving up sports flies every weekend on dw, the one by one there being toppled the soviet monuments of eastern europe just over one.

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