or it's the act as last performance in the franchise. and the final movie in the series, ford was presented with an honorary palms for the festivals highest on it for his truly. all right, that's it for this out. coming up next, chris kolber looked the changes that europe's biggest comic volkswagen that's coming up. indeed of the business news. after a short break. don't forget our website is there at the www dot com for all the latest news at analysis. any time you need. and we're on social media to twitter and consumer. i'm at the house faced, the people in trucks insured when trying to free the city center. more and more refugees are being turned away. the east chris don't straighten

extreme ground. getting 200 people for more than 300000000 people are seeking us because no one should have to make up your own mind. double you made for mines the sub depart, profit margins, sluggish e, mobility, transition, and problems on the most important markets. fox volumes reporting the planning, a major overhaul of operations. the lab expert analysis. also i'm the show inflation at close to 109 percent interest rates close to 100 percent. i think it

goes to look at what life in argentina is like. prices simply seems to keep solar for us. cobra, welcome to the program wide scale changes and europe's biggest carmakers fox wagon is gearing up for a massive overhaul to increase efficiency and double profitability. according to several media reports, the car maker wants to cut costs have increased annual results by 3000000000 euros . the company's core brand v w, which has been posting, lack lots of profit margins, seems to be in particular focus according to local media. no job costs are planned in $3.00, but for some more analysis, let's bring in christmas dollar professor strategic management at war a could business school. welcome back to the program christian. apparently fox wagon wants to focus on the production process. um, what could an efficiency program look like they're as well no,

i guess the will cut some of the activities that don't work quite too well focusing on the right areas and making sure that it seems run most mostly in the factory. the driving factor to do this is dark. this is when they look across to toyota. that's where, you know, you see the kind of march instead, the whole thing is 6.6 percent doesn't get isn't toyota, for, according to reports, fault swag wants to raise its profits by at least 3000000000 euros a year. that would be an increase of more than 18 percent to last year. as total earnings can such a program deliver this increase in profit is running a business, i would say, and maybe it's a slight the wrong question as well. it's good headline, but really, what's the company needs to think about is how it will make moves into areas that are particularly critical for the future of the companies. one is the biggest

market being china. you'll see clearly some created car trouble in engaging when you think about mike, why does it okay? i can get you is we still west and in china? that's a big question to how it is handled. the 2nd big question is obviously alex duplication . and me goes to mobility solutions. on the one hand, we can argue that volkswagen has done comparatively well, but nonetheless, there is tests. let's do the heck is also b y d in china, which is stronger than folks login. and then at least in some regards, if we look at china sales, there are fox, i can sales, there are fell in the, in the 1st quarter. how do you see uh, fox, i can position there in its most important market. are you still open section? yes, so we need to keep in mind that these, these are of, off the most of the corporate skill relevant in this particular the market to the

trouble with supply chain access to some of the components is a continuous issue. our font is already mentioned, it's competitors to start to become stronger in propriety key again. i electrification that from b y, d aggressive. this efficiency program is supposed to work with out job costs. so that's according to management, which says, job cuts would not be the focus. is that plausible? i'm, i find it hard to actually get an answer to this uh obvious, you know, duplication would be that productivity increases. so potentially, if the supply chain issues can be solved, that will boost this. yeah. as we know, a lot of the slow down on the production side was because components but not available is just going to be shipped sufficient. well, you know, as i said, i cannot predict 1st, installer of or i could business cool speaking,

they're not to some of the other goals with business stories, making news, nintendo as announced that it's the legend of zelda tiers of kingdom game has sold over 10000000 copies in its 1st 3 days of release. analysts believe revenues for the action adventure game could be around $700000000.00. opening sales place that i'm on the biggest paid for games ever to hit the market. montana has become the 1st us day to band tick tock, governor greg jen forte signed a bill prohibiting app stores from offering the chinese video sharing app by next year. he said the band would protect people from surveillance by china as communist party. tick tock is expected to challenge the legislation. legislation in courts. the china is set to resume in ports australia and timber after a lengthy, unofficial van, a sign of warming. he ties official se restrictions on his products, such as timber, coal and lobster in china were part of

a broader campaign of economic punishment, deposed by visiting and 2020 over political differences. bunch of bank will pay $75000000.00 to settling law, sued by women who say they were abused by the late finance. here jeffrey epstein and accused the german bank of facilitating the sex trafficking ring, a dodge bank customer from 2013, asking died and august 2019 jail. while waiting trial for sex traffic. soaring prices have been a problem across the globe. but argentina seconds, in a world bank, ranking of countries with the highest inflation, it hit almost 109 percent last month. and the sort of environment paying for every day needs becomes a huge problem for people and running a business extra challenge. it may look like business as usual at this to factor in the bonus hours area, but it's not argentina's. rampant inflation is making everything more expensive.

and the situation has never been this bad in decades. says factory own a horton cup panel then. okay, so like what are the so from what i remember this is the worst moment for the footway industry. apart from the economy opening in the 19 ninety's as the worst time ever in terms of salary production. that is the worst time for everything blows at the moment. argentina's pay so has fallen sharply against the dollar. the countries inflation rate was over 100 percent in april. i mean the is meant for my suppliers. they billed me in pace, us. the prices change daily. now this price list sometimes from import and suppliers that we get daily updates for the twice a week from others for sure. rental fee. yep. it was always that was the one that's it would despite the ever growing uncertainty and dwindling revenues,

couple wants to carry on. he hopes the economy improves, so that he doesn't have to let any of his 40 employees go. yes, i'm going to go with the 4 that's already got the when. if you walk around the workshop, you'll see why we go on behind every work or here there's a family you feel useful, potentially making possible for the to be a play the food at each family's home. that movie, i guess i'm glad there's on the customized media and why food prices rise. many retailers are stuck with stock because prices are rising much fast. so then wages new shoes on our luxury for some that since i see on a can thank you to going for data. we know people who want to buy it, but they just don't come because i used to try to promote sales. we need to offer an alternative such as installments without interest rates,

because you have sold the cost with that you get a few more sales. yeah. and if you need to, you, i, yeah, most, most of sort of is it would cost up at the finish and we'll get them i have. and the cost of living in argentina is up 30 percent this year. many have to type the belts for more or less cost over to $1.00 is itis and dw correspondent alejandro. and i've also on the calendar year and year inflation last month hits 109 percent and argentina tell us what people are doing to cope with that. so there are 2 argentina's, a poor people eh, go to the details today. they are put this in the, in the streets, the middle, and no class is cutting expenses or a bind 2nd hand notes. but at the same time, the music class, the upper middle class, and the high class feeling that the best, those very and the in their hands. and they tried to expand it. or that's why they

consume shot consumption. these, it's too high, you know, to obtain a hand or are ginger, has been plagued by sewing prices for quite a while. what low and long term effects has this been having high inflation has started beginning argentina. it seems 2007 and the poverty it was in the timing around 25 percent of the population by the in the last 2 years, a us be based on and rises to 50 and no more than 100 percent. the poverty a r a t last year is 39 percent of the population and maybe this year it will increase again. and the same time, if i increase you on a, prevents black branding and then also long term investments that they hope of offering the past. so the government has imposed foreign exchange restrictions.

what has been the result of the moon or consults have been installed in argentina? there since 2011 and is used in at the, or a, a part of the exchange markets. there is an illegally exchange market called donor blue, and that its price appears every day in the news day home. it websites a onto innovation, because a, don't i blew it? even thoughts in dick's economic expectations, the people on there is also another, a legal part of the market where you can buy the dollars. the owners use the currency that use argentines for savings, for 5. take it, but they are, you can buy it legal but buying and selling bones and also their identity as their daughter is to be with a car, right equipped the currencies. by this week, the countries, the central bank, raised interest rates to 97 percent. what else is the government doing and trying

to address this crisis and will that work? yeah, the government, good not to intervene in the league or exchange market, but in, in the central bank in intervenes in that illegal but other exchange markets buying and selling burns on a spending a lot of an international reserves they are in there and the government is also promoting negotiations between the companies on union to increase wages. the government is also increasing in social is subsidies for poor people. and at the same time, a, the government has announced a, an opening over the impulse of fruits and vegetables to try to control information . the w correspondence like how do i both feel reporting from when does either side of congo many things. thank you very much. i and that is are so

thanks for watching. haven't successfully the center of the conflict with tim sebastian has with so many african conflicts. the latest fighting into down the road, death, misery, to huge numbers of civilians. whatever happened to africa's loan of promise to silence the guns. abraham secret ounces to such a question that at the corner of africa's problems he says is 5 government. but why is it still so prevalent? conflicts absolutely. s o t to c t uh, motors has a new stage of pressing the who took care of. ringback

the wood or sports scoring we say they were about never giving up sports like every weekend on d. w. as with so many african come fix, the latest fighting into don has brought death misery to huge numbers of civilians . this time even the u. n. has been shocked by budget code, the unprecedented speed of this integration, whatever happens to africa's low las promise to silence the guns bo abraham seats.