from the europeans that those governing body comes optim renew, it was filmed purging, match, referee anthony tyler in the stadium garage and appearing to cold him disgrace while using splittings from the last the final on penalties after the match and the 11 following extra time. and that is all the new so now the deputy business with kate ferguson is up next to level on a new trade deal between the us and i want, don't forget you can always stay up to date on our website at d, w dot com and on social media to handle you need is at the w on at the house today with us, the journalism. listen, overcoming divisions registered for the dw global media on 2023 in germany, and online the increasingly fragmented world with

a growing number of voices digital. the amplified where this clutter completing it . we really need to overcome and divisions into vision for tomorrow's journalism. register now and join us for this discussion at the 16th edition of d, w's global media forum. someone else to the see the highlights of selected for you. you every week in your inbox, subscribe. now the united states on taiwan is fine, a deal and a deepening economic ties look at what the agreement includes on white. china is furious about us. also coming up the global effort to crack down on plastic is representatives from

a 175 nations gather in paris to discuss the ways to tackle the problem and to many jobs, not enough people. wipe, businesses in the united states are struggling to fill position. this is the company business. i'm kate ferguson. the thanks for joining the united states on taiwan have find a trade deal sparking a furious reaction from beijing. the agreement and to streamline customs checks and prove regulatory procedures on the surface. anti corruption measures taiwan government, which maintains relations with washington through a defacto us embassy on the island. describe this as historic. now as mentioned, china, which claims the tire tree of taiwan as its own has reacted angrily to the news. let's take a listen to what a spokes person for the foreign ministry. how to say to sign a family deplores any form of official exchanges between countries that have

diplomatic relations with the type on province of china. including negotiating and signing any agreements of silver and offers the nature of the us government and system negotiating with a democratic progressive party authorities on the so called 21st century trade initiative and dentist on signing relevant agreements, which seriously violates the one china principal. this is a serious violation of us commitment to maintain only unofficial relations with tyrone. china is strongly dissatisfied with this auction. that's bringing stuff on like an economist at the university of scent, golf, and stuff on strong words. there will china match them with action as well. the thing of course denounces the trade talks between the us and taiwan. but better standard procedure and trying to denounce us every high level of government engagement with taiwanda territory that it changes its own a. but in the bigger picture, i think if we look at the us, china rivalry,

any action is likely to trigger react some. the question is only how much of a reaction what we see here. and if we look at this trade deal, we will see that there is not too much substance. so it's policy makers and beijing rational. and i have little doubt that they are. they will see it for what it is, mostly symbolic. and so i don't expect much of a reaction other than a couple of words. okay, so you mentioned that this deal is largely symbolic. what does that include then? what's in it? well, it's not a free trade agreement that even free trade agreements are a little bit of a misnomer. they don't create free trades, they usually with move tariffs. if we look at the deal between taiwan and the us, it doesn't even do that. so there are no tablet reductions. what does actually reduced is a lot of red tape. so for example, it allows now for digital or electronic of finding a custom documents or the online payment of custom and fees. so the

movement of goods and trades is not much of the fact that the procedures are a little bit facilitated, but there's not too much in it. uh, the more important and more difficult areas will only be negotiated off to this 1st agreement to sign. okay, so we are very, very far away from anything like a free trial deal here, but to one place on a central role in the global supply of ships. will this deal affect the industry at all? i don't think there will be much of an impact if we look at what isn't the deal. there's not much about computer chips at all other than uh, you know, as i said, the facilitation of a customs procedures. but in the bigger picture, in the us, as dependent on asian countries supplying us with computer trips and to taiwan is one of those countries, its ultimate laser, its career, its china. and what the us wants is really that the cutting edge production of computer chips, especially from taiwan, especially from tiers some seats is not just taking place in asia,

but it's actually set to to the united states. so i wouldn't see this a trade talk right now is the big deal, the big a deal as the industrial policy under the bottom administration. that aims for investments, for example, by t, as i'm see in the us, and look at what happened last year in december t, as i'm see actually announced the $40000000000.00 investment in a new plan in the united states. and i think that's going to attack the global supply of computer chips much more than this deal here. all right, jeff, i'm, i get comments at the university of since gallon. thank you very much. thank you. a time bomb at the same time as a scourge today. that is how french president, somebody on my call has described the global problem of plastic pollution. his remarks come as representatives of a $175.00 nations baffled the week of talks and powers aimed eventually at forming the foundation for a global plastics. tracy, as we'll see in our next report,

the scale of the problem there, tackling can hardly be overstated plastic waste. as far as the i can see, the pressing issue of global significance between 195-2017 over 9000000000 tons of plastic waste as being produced. the vast majority of which ends up in landfills and was it comes to tackle the plastic waste issue on a global scale. so you and organized a unique international treaty, the meeting of what a $175.00 nations took place. does we can paris? the goal was to push the creation of a binding legal framework to curtail waste. one way to do it would be to limit an assessor use of plastic choking all you cause is a really a need for micro and 90 plastics. and so many hygiene and beauty products much improves and soaps, be liquified and delivered in a plastic containers because essentially, we're just shipping water around the globe. the target for the agreement is

a 90 percent reduction in waste by 2040 as revolt, major international treaties. a key problem will be ensuring that all countries stick to it. and as we mentioned earlier, those talks in paris are part of continued efforts aimed at eventually finding a global plastic tracy. earlier i spoke to cookie and co flows, co director of the global plastic action partnership out the world economic forum. i asked him how it global tracy on plastic waste would even be enforced. i think it will be up to negotiate or is to find out what are really the mechanisms that mandate and make a binding certain aspects of testing, plastic pollution that all countries can agree need to happen. whether that's on setting certain targets on a recycled content on the sending. so i can incentives for investment in infrastructure or new business models such as refilling reuse. i think there,

there will have to be a discussion. what are those elements that need harmonized and legally binding standards versus what are elements that have to be up to each country and give them to flexibility to respond to the needs and, and very local specific circumstances that they face. you know, an indian visa with 18000 islands is in a very different situation then, then the switzerland for example. and, and you, you have to take those local realities into consideration when we do at the global plastic action partnership of the world. economic forum is precisely worked with countries and now 11 countries in latin america, africa, south asia, south asia and south east asia, to help them develop the tools and insights that actually allow them to also implement the treaty and, and really argue important and vicious. at text to now to some of the other global

business stories making news. global food prices fell to a 2 year low in may. that's according salacious figures. i'm a u. n. a agriculture organization. yours own countries, books, the trends. so with food inpatient, they're remaining stubbornly high. in the rest of the world, the price of food fell at 22 percent from the peak reached in march last year. the international monetary fund tests re lanka must enforce painful reforms as part of its continued recovery. that comes with economic collapse not to severe food fuel on medicine. the shortages of triggered months of protest last year. japanese authorities have order to open a guy that's the firm behind chop t p t to ask users for permission before collecting sensitive data as part of its machine learning process. the countries data protection agency also says that reserves the right to take further ox. hong kong has introduced new

rules that will allow retail investors to trade crypto currencies. booking the global trend of tightening regulation after last year's market cross. the new rules will enable o license crypto exchanges to take on retail investors from you know, in the united states. the labor sector has remained remarkably resilience. that's a mid high inflation. rising interest rates and concerns over the health of the countries banks, unemployment just over 3 percent is at a more than 50 year low. in many sectors, businesses are even struggling to find stuff of this small coffee, bon berkeley, san francisco is desperate for stuff. just like about us businesses right now. finding work as has become a major issue. it's been a challenge for us, small businesses, especially within the retail sector as the hourly workforce and finding

people to work and the full has strong. while small businesses often don't pay as well as bigger ones. workers like michela slot, make focus more on the atmosphere. if i were to service policy, i have all those like big corporate things and i think just even working here for 2 weeks, i find it way better with the management and with how i run, can you get one other to seem like they care more about what they're producing versus like the money. i think that's just way better. many workers in food service left the industry during the coven, 19 pen demik, leaving a get that seems hot to feel. there's a lot of casual tiring that's going on, particularly in some sectors like leisure and hospitality. other services which are close contact services that we didn't do. a lot of during has frozen of the pandemic. businesses has had to come up with ways to attract workers and keep them

offering more benefits and improving work environments. and finally, air new zealand is hoping to improve flight safety by asking passengers to hop on a scale. for the month of june, it will ask for volunteers to wave themselves while checking in for flight sleeping, all kinds of international airports. the airlines says the information will be used to calculate average of passenger weights. i useful phase of point for pilots. one working at the waste balance of the aircraft. it's a short travelers. their weight will not be visible to other passengers for chris um that pops up our show. thank you so much for watching for me. or you can always check out the w dot com slash business, were on the dw t to terminal as well do find us there from me on the entire business team here in portland is by take care of the

making the headlights and what's behind them. dw news, i forgot the show, that's hopefully issues shaping the continents. so slowly getting back to normal here we're on the streets to give you enough report on the inside, on the, on the ground reporting from across the continent. all the french stuff from outside to use the next visit the fast lane to making money for a dangerous road ahead of selling cars in china is risky. german automakers are doubling their investment but the political hazard,

the china, doing business on raisers at red 60 minutes w. he's got issues with a lot say what? the hello and welcome to this special edition of be that be news africa june. 3rd is eustace. both bicycle bay and in this program we're looking at how the bicycle can improve the quality of life in africa. traffic jams are a serious problem and also seen in may as well. so you can spend up to 3 hours a day stuck in a trap.