tv Business - News Deutsche Welle May 19, 2023 8:15am-8:30am CEST
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need of what could be a long legal box. both most childs eat quotes after the cd. yes. of litigation said as a beacon of hope being past date of bios and that's it from me and the new scene bugs do stay tuned. the because dummy's biggest comic us is a little shake up it's operations to stay competitive. chris called us all the details and more on a business that's just officer special banks. got office in berlin for me and the news team here. thanks for watching the this award we offer future available worldwide learning german has never been simpler. german to go become a criminal pretty kind, a told me about
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sugars paralyze between your societies. computers that are governments that go crazy for your data. we explain how these technologies work so that's how they can also watch it. now. 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
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. i think it goes to look at what life in argentina is like. prices simply seems to keep solid. i'm for scope of welcome to the program wide scale changes europe's biggest, are making a false flag, and 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 of 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 fourths of more analysis. let's bring interest installer, professor strategic management at war a 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 there?
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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 $3000000000.00 euros a year that would be the increase of more than 18 percent to last year. as total earnings can such a program deliver this increase in profit is running spacious, 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 company. one is the biggest market
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being china. you'll see clearly some created car trouble in engaging when you think about mike, why does it open? i can get you interested weston in china. that's a big question and how it is handled. the 2nd big question is obviously alex duplication. and the goal is to mobility solutions. on the one hand, we can argue that volkswagen has done comparatively well. but nonetheless, there is tests will still act is also b y d in china, which is strongly to folks login today at least in some regards. but if we look at china sales, they're fox, i can sales their, fell in the, in the 1st quarter. how do you see uh, fox, i can position there, and it's the most important market. you still position? yeah. so we need to keep in mind that these, these are of often, most of the quote would still relevant in this particular market to the trouble
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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 product key again, i electrification that from the why. the course of this efficiency program is supposed to work with out job costs. so that's according to management, which says a job cost 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 the productivity increases substantially. 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. it's just going to be safe sufficient. well, you know, as i said, i cannot predict for some style or of or i could business cool speaking there not
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to some of the other global 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 force. china is set to resume in ports australia in timber after a lengthy, unofficial band. a sign of warming ties, official se restrictions on his products, such as timber, coal and lobster in china were part of a broader campaign if he cannot make punishment opposed by visiting and 2020 over
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political differences. budget bank will pay $75000000.00 to settle in law, sued by women who say they were abused by the lights finance. here jeffrey epstein and accused the german bank of facilitating the sex traffic ring, a dodge bank customer from 2013, asking died and august 2019 in jail while waiting trial for 6 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.
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and the situation has never been this bad in decades. says factory own a horton cup handle that. okay, so like what are the so from what i remember this is the worst moment for the footway industry. apart from the economic 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 origin. tina's pays or has fallen sharply against the dollar. the countries inflation rate was over 100 percent in april. i mean the notice of my suppliers, they billed me and pays us. the prices change daily. now this price list sometimes from import and suppliers that we get daily updates for other twice a week from others for sure. rental fee. yep. it was always simple to someone that's able to despite the ever growing uncertainty and winning revenues,
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pano wants to carry on. he hopes the economy improves, so that he doesn't have to let any of his 40 employees go. a yes and well, he's always the one that's already got. 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 they have to be a plate of 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 a stock because prices are rising much fast. so then wages new shoes on our luxury for some that since i see on a k, like in 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 if you have sold the cost with that you get
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a few more sales. yeah. and if you need to, you, i, yeah, most, most of sort of as it would cost up at the dentist and we'll get them i have and the cost of living in argentina is up 30 percent this year. many have to type that belts for more or less cost over to $1.00 is itis and dw correspondent alejandro. and i've also out of candle year in 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 it the best, those burned in their hands. and they tried to expand it. ok,
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that's why they consume shot consumption. these it's too high, you know, to, into the other hand or argentine has been plagued by storing prices for quite a while. what like long term effects, has this been having high inflation has started the gaining or do not. it seems to so can 7 and the poverty it was in the timing around the 25 percent of the population. but 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 the c or it will increase again. and the same time a hiding place you on a prevent plan planning on the also long term investments. now the help of buffering the past, so the government has imposed foreign exchange restrictions. what has been the result of the moon? it's gotta be the console,
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have been installed in urgency. now there is these 2011 and it's used in at the, or a, a part of the exchange market. there is an illegally exchange market called donor blue and that its price appears every day in the news uh, the home, a websites, a onto innovation. because a dollar blue in thoughts in dix 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 are going to use it for savings for 5. take it, but they are, you can buy it illegal, but buying and selling bones and also their identity as the daughter is sick, been with a kind of a group of currencies. but this week the countries, the central bank raised interest rates to 97 percent. what else is the government
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doing and trying to address this crisis and will that work? yeah, the government cannot to intervene in the league or exchange market, but 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 correspondent, alexander, eyeball cl, reporting from gwen is either side of handle. many things. thank you very much. i
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and that is are so thanks for watching. have it successfully the center of the conflict with tim sebastian as with so many african conflicts. the latest fighting into don has pro death misery to huge numbers of civilians. whatever happens after, because long enough promise to silence the guns. mo, abraham 6 ounces. so such a question that at the corner of africa's problems he says is by government. and why is it still so prevalent? complex on absolutely. good to me, to c, t. uh, morris has a new stage of pressing guy who took care of
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the prize. he's got issues with a lot, see who the 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 un has been shocked by budget code, the unprecedented speed of disintegration. whatever happens to africa's low last promise to silence the guns. mo, abraham 6 ounces.
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