side in western germany, the design and construction took 6 years of back and forth between swish and german engineers who use 3 d modeling to create a bridge that can withstand all types of extreme, whether you're watching dw news from berlin, and that brings you up to date with what's happening around the world. next up, we have the business news for you. and remember there's less square news and a website. and of course on social media where i'll handle is at the w news. i'm michael local. i'll be back with more news at the top of the out the, every jenny is full of surprises. allowed to give you some of the right people in your northern most count the police

the free time. but still very much alive. your guy to the special recognizes where exactly it was fine. i've learned a lot of our culture history. all their travel extremely worth a visit. the, the, the energy costs are largely down the price of food and drinks is still elevate 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 the star up here from our correspondence. what this would mean to an already stressed aviation market and hollywood summer of discontent dramatically escalate this weekend with actors ready to join a writer strike that's already rippling for the local economy. chris kolber walked into the program. inflation in the 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 reveals 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 oh, 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 of and what we're seeing now is more or less the best that we could have for the full mouth. remember countries of the arizona, namely belgium, luxembourg, and 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 we'll 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 countries differences, but that is also a measurement problem and especially with regards to energy prices. there are differences um how the individual countries to just to go agencies approached us and some of them have or so also changed them into a dollar tea um 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 with easy be. right. that's all explained to us. why is inflation dropping in spain to below 2 percent penalty, but increasing in germany to 6.8 percent? uh, uh, recently to yes so, so as you know, gemini is the one outlier that inflation has increased in june, but this is almost entirely due to a statistical effect from the intervention by the government last summer. as you

remember from june to august, you had this very you have any rebates and public transport tickets the 9 your tickets and then also a motor fuel rebates that pushed prices artificially down last summer. and now we see the reverse effect um with inflation going up in june, but that should be a one of the effect in july. i predict that july. the inflation rate in jeopardy 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 installation, that it's best time to fight installation. and that's what also asked later on has

it out in as much as it does, is it then doesn't have to raise interest rates quite as far as it would have otherwise. settlement taylor baron, burbank. solomon, thank you. thank you or 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. the fall. shares of apple are up 47 percent year to the international monetary fund has agreed to give pakistan a $3000000000.00. bailouts economy a suffer from rising prices and crippling debt. while political struggles have deterred investors. the deal could mean tighter government spending and a free floating exchange rates. unemployment, unexpectedly rose in germany and june,

according to official data. the joblessness rate is up to 5.7 percent, another sign of weakness and yours biggest economy, which is currently in a technical recession. now i plan merger between 2 major airlines is reportedly being challenged by india's antitrust 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 release darn carriers that dominates on both outbound traffic from india. the competition commission of india aflac certain routes and travel of categories has given air india 30 days to respond well for more let's cross over to daily and dw corresponding to charl car to k. charl, what could air india do to address the concerns of the competition commission as well? christine body shops, 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 they didn't do. it might have to give. if the c, i really insist upon c, c, i being the monopolies regulator here in india might have to give up certain routes . it might have to reduce the frequency of some flights. that's going to be one step of the problem off of that the, there's supposed to be the national problems as well, because in denver startup, both of them defy on international routes. so they will need a anti trust. it is in following 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 and already stress system? i mean navigation fairs and india are among the highest in the world because they're 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, the 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. 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, a landlines company go fish, also big. let insolvency there by further putting pressure on the system, but the situation appears to be dynamic. uh, uh, both the airlines are flying on more routes now and a new way 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 as well. yeah, i mean the, the signals are all, all data chris, that's and yet is likely to become one of the biggest market bed, in fact, the projections that, along with indigo, the new mazda entity, with 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 massive 5 jo turnaround plan that was, i mean by the company when, when, when the target 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 on

just thought i instead of of my list concept. so yeah, the shift does appear clear, the trend appears to be visible, dw, in corresponding to toggle, called 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 meryl streep 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 or, and 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 dummy is 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. you don't know how long you're going to know when you're going to work. the alignment in nature. and 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 prob 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. i'm just a reminder of the top of business story, but i'll following for you at this hour. inflation in the arizona east to a 5.5 percent this months down from 6 point one percent of may, according to use $260.00 agents, the euro steps, while energy prices fail, those for food and drinks remain high. that it has revealed a mixed picture for the 20 years in countries with inflation falling in some and rising in others like drugs that social thanks for watching. i'm 1st cockburn berlin, have

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