you're watching the video with somebody that information isn't yarborough's, but not for everyone. preschool, but has the details on the top your business after the break. remember the last one year was on our website on, on social media to handle. that is actually the union member such as thoughts. thank you for watching the these places in your 1st step into an old adventure. it's the treasure map for modern globetrotters. discover some of us record breaking site on google, max youtube. and now also in book form. sometimes a seed is all you need to allow the big ideas to grow or to bring an environmental

conservation to wife with learning passed by global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can make a difference. knowledge grows through sharing. download it now for the . the energy costs are largely down, the price of food and drinks is still elevated. inflation into yours on ease somewhat this month, but individual countries of the single currency block phase, individual realities will tell you what to make of the mixed bag. also coming up in the us competition commission reportedly wants to scrutinize merger plans between carriers, air india and for star, we're here from our correspondence, what this would mean to an already stress aviation marketing and hollywood summer

of discontent dramatically escalate this weekend with actors ready to join a rider strike that's already rippling through the local economy. of course cobra walked into the program. inflation into euro zone is $25.00 and a half percent this months down from 6 point one percent in may, according to the us sophistic agency euro step. while the energy price of sell those for food and drinks remain high, the latest inflation data has revealed a mixed picture for the 20 years on countries with inflation dropping in some in rising and others in spain. inflation dropped below the target of 2 percent. while it is more than triple batch in germany. all right, let's take a closer look at the matter with cell and fiedler. he's an economist, a baron berg bank. welcome to dw solomon. energy costs are down, in part because people in europe don't have to heat their homes during the summer,

but food prices remain high and people have to eat regardless of temperatures outside. so what really has changed? so overall i would say the dispensation trend is still intact, so we are seeing inflation rates coming down now about as quickly as the head searched last year. costs. inflation is still far above the see these targets bought given to the problems we had last year. i think um, what we're seeing now is more or less the best that we could afford for. now, 3 member countries of the arizona, namely belgium, luxembourg in spain have an annual rate of inflation in june. that is lower than the b is 2 percent target. what are we to read out of that but in the end, the easily be able have to, um, target the accuracy to get to pick it up for the whole of the euro zone. and then keep in mind for some of these country differences. but that is also a measurement problem and especially with regards to energy prices that are

differences. i'm how the individual countries to just to get agencies approached us and some of them have or so also change them if the dollar g recently. um, so it's not always easy to just look at the headlights, he goes, compare them, but the india and yeah, the heck are good for years. i just what met us? what easy be right, that's all of them explained to us. why is inflation dropping in spain? to below 2 percent penalty, but increasing in germany to 6.8 percent. uh, recently. yeah. so, so as you know, germany is the one outlier, the inflation has increased in june. but this is almost entirely due to a, it's the testicle effect to from the intervention by the government. last summer. as you remember from june to august, you had this very heavily rebates, in public transport tickets. the 9 year a ticket. and then also

a motor fuel rebate that pushed prices artificially down last summer. and now we see the reverse effect um with inflation going up in june. but that would be a one else effect in july. i predict that july, the inflation rate in germany will also come down again. solomon briefly, if you went to europe in central bank, intends to stand firm in their conviction to continue to raise interest rates. is that the right step? um i guess you want to at least um move or at least try to show that you are committed as early as possible in the hope of having then to do less in the future. so by communicating, i guess, clearly that the used to be once to fight inflation, that it's best time to fight inflation and that, but also perhaps later on has it out in as much as it does, is it done, doesn't have to raise interest rate is quite as bad as it would have otherwise.

settlement feeler of barren burbank solomon. thank you. thank you. i'm not to some of the other global business stories making news. apples. market cap has surpassed 3 trillion dollars trading at more than $190.00 a share. this is a new hire for the tech giant and signals that investors remain bullish despite the company's warning. earlier this year. the revenue was expected to fall. shares of apple, r up at 47 percent year to the international monetary fund has agreed to give pakistan a $3000000000.00. bailouts economy has suffered from rising prices and crippling debt, while political struggles have deterred investors. the deal could mean tighter government spending and a free floating exchange rate. unemployment, unexpectedly rose in germany in june, according to official data. the joblessness rate is up to 5.7 percent. another sign of weakness, yours biggest economy, which is currently in

a technical recession. now a plan merger between 2 major airlines is reportedly being challenged by india's anti trust body, which says the deal might result in a monopoly the tie up between air india and the star i was announced last year as a way to take on logo rivals, including indigo, and the least turn carriers that dominate on both outbound traffic from india. the competition commission of india, flags, certain routes and travel categories. and has given air india 30 days to respond. well for more let's cross over to delhi and dw corresponding to charter with car to k charl. what could air india do to address the concerns of the competition commission? well, chris, to be shop. uh, none of the bodies involved have made any statements on the issue yet, but then uh, what experts are saying is that there are a couple of concessions that ended up in might have to give it c c. i really insist

upon c, c, i being the monopolies regulator here in india might have to give up certain routes . it might help to reduce the frequency of some flights. that's going to be one step of the problem off of that they're, they're supposed to be the national problems as well because it in denver startup, both of them defy on international routes. so they will need a anti trust. it is in foreign jurisdictions, jurisdictions as well. so and uh, is it better to waiting for uh, the india part of the problem to be solved 1st and then see what kind of questions come up in the flooding jurisdictions. chris, what's are giving up certain roots reducing frequency. would that not put even more pressure on it already stress system? i mean navigation fairs and india are among the highest in the world because there's so much demand compared to this, to the supply on the market. as well. yeah, that's right chris. the system already appears to be stressed. in fact, according to one report that ticket prices in the last year or so have gone up by

over 40 percent. that's a big hike and considering that they have a height in any case ever since both spend demick travel began to expose, have not been able to put this thing on any one particular reason. but there are host of reasons which i believe to be responsible. so there is a search and demand post pandemic about, and the about an failure of the airline companies to keep up with them on the high prices of aviation turbines. so you will as well. and then very simply, of my airlines company go fish, also big lead insolvency there by further putting pressure on the system. but the situation appears to be dynamic of both the airlines are flying on more routes now and a new a line company. our costs are also came up in the last few months. so yeah, i mean remains to be seen in which direction with the situation head from now. now using this merger with the start air in the i wants to become a global power house and navigation. what are the chances of that happening? provided the competition watch dogs do agree or what?

yeah, i mean the, the signals are all, all data chris, that's and yet is likely to become one of the biggest market bad. in fact, the projections that, along with indigo, the new motors, the entity will both of the, among, among these 2 entities. they have controlled about 80 percent of india's aviation market. now now those are big numbers for any airlines or even to airlines to be looking at it in dies already appears to be doing well. there's a mess of 5 jo turnaround plan that was, i mean by the company when, when, when the topic group took over in the last year the group, the hopes to be spending about $200000000.00 by the end of this year on a, on no no, no, no on a grand turnaround plan. and uh the, the system preferences already a be as good and then passengers that will be flying at least through germany. uh, on the start uh instead of of my list on so. so yeah, the shift does appear cleared, the trend appears to be visible, dw,

and correspondents, terrible card again, natalie charo as always, thank you. the clock is ticking for major hollywood studios to strike a deal with sac after a actress union to avert a 2nd. labor strike this summer. the threat of ale stars like jennifer lawrence and merrill streeves to walk off the job, comes on top of a nearly 2 months work stoppage by the writers guild of america, which is already reverberating through the local economy. a vintage type writers, candy colored rock and roll dreams. even skulls bones and its highest skeletons, the shelves of history for higher, oh, well stocked this hollywood prop house has anything is cetera. so might be looking for what's missing customers for months that have been no new productions in terms of town, hollywood writers own strike. and a major part of the city as economy is running dry. even though there is

a strike going on and there's a work stoppage, it doesn't stop my staff's rent. it certainly doesn't stop my rent. it doesn't stop our utilities, it doesn't stop our cost of living. and things are just so much more expensive cents a pound of meg. as the 1st rider strike hollywood has seen in more than a decade. and it's been long overdue, said the riders who have seen no budget streaming productions cut into classic movie and tv content. and most recently, the rise of a i, many of the business have seen the paid drop. unsure of the future. one of the actors and actresses are making a similar point. the contract is about to run out and they might go on strike as well. the impact this could have on the local economy can be overstated. not only

perhaps stores, but hotels, restaurants and tons of other businesses are tied to filming in the city. the last, hollywood strike in 2007 and $8.00 cost california more than $2000000000.00 and help to the states into the great recession until 2009. and just a reminder of the top of business story, the following for you at this hour. inflation in the arizona used to 5.5 percent this months down from 6 point one percent and may according to the use, sufficient exp, agents, the euro step, while energy prices fail, those for food and drinks remain high. the data has revealed a mixed picture for the 20 years in countries with inflation falling in some and rising in others like drugs. that's our show. thanks for watching. i'm 1st cockburn berlin, have a great weekend. the

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