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tv   Business - News  Deutsche Welle  August 4, 2023 11:15pm-11:31pm CEST

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to support remains on the table for many women around the world. it's a right. these players don't take for grant. you're watching do the news. here's our top story. the stand off between me, here's cool either and the west african alliance. that one's going to give up, could come to a hand this weekend and go to asians have broken off and equal wants as it has of plans for military action. if news areas, democratic government is not reinstated in the coming days. say what this now for the business with prop watts on the properly. thank you so much for your company. by the way, i have to say to us the that's
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why i listen to their stories. the reporter, every weekend on d. w, the interest, the global economy report, folio dw business be here's a closer look at the project. to analyze the flow for market dominance. get a step with d. w. business beyond the roof, weekends on your opinion, markets. laser index is across the continent to down after a set of gloomy economic updates. we'll ask what's going on at all we paying to little rock food, we visit a supermarket. this height is price is to reflect what it says,
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the true costs state of your business on robots input and welcome to the program. can your parental itself out of its kind of make fun they so this week and the kinds of business activity in the, your as are in declined. awesome. even faster rates in july, done in june export because from gemini, that's because i suggest it's straining to escape its economic down to the bank of england or so hiking interest rates yet again on thursday, problems across the continent to appear to be assisting so let's discuss the situation in your with your kramer chief economist comments bank, thanks so much for coming out to give us your expertise on this at the end of a week. clarified all kinds of data floating around. if we go anything of a better idea of both the situation, european economies ended by what had today. we had a surprise increase in manufacturing orders in germany, but this was only due to
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a bike orders if you have the track from the special effect. and you'll see it then you'll see a continued downward trend of this, importantly, to indicate as all other side. all the signs are that the drummond economy is heading for recession and the 2nd half of this year. germans on many europeans have . i've had a difficult yeah. even longer, in fact, with prices rising and such as always the point yet where your friends can start to, to think about recovery issues in the pricing themselves for continued strain on the household income. well, let's put it this way. i think the pain in terms of inflation is using the inflation rate in the usa and has come down from over 10 percent to roughly 5 percent. therefore, this is better bought to don't forget that the c p had to race interest rates, buy more than the 400 for the 5 basis points. and the such rate hikes,
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which we also see globally typically takes it's paul on the economy of this is the main reason why we expect that to use on a call 8 years on economy should also go at least into a kind of technical recession. that means that is not only a forecast for the, for germany, but also for the us on, due to the sheets increase in interest rates globally. okay. your claim from covenants bank, it's been really interesting to just get your reflections on the others that strings. typically we've been guessing this week, some surprises in that some good, some bad, but thanks taking us through them. now let's take a look at some of the other global business stories that are making the news to in the year as a 197000 new jobs outside of the funding sector. recreation in july, that's slightly fewer than expected unemployment rate. so they've from 3.6 percent to $3.00, rising interest rates and increasing wages may not ex,
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that's all saying the us labor market remains robust. china central bank is less to increase financial supports for the countries private enterprises such as will make it easier for them to secure bank loans. china is currently suffering from decreased foreign demand, a weakened real estate sector. rising unemployment, sluggish domestic consumption. and the italian low of 5 minutes has passed a law or giving kansas the volume has the right not to declare the past condition to funds and insurance agencies. effects 1000000 people who recovered from cancer. survivors often being refused to loans or cover because of their medical history. and i lost already in place from portugal and some other countries and a cyber criminal couple have pleaded guilty to attempting to loan to have a $4000000000.00 with a bits claim they stole during a hack in 2016 at the morgan and lichtenstein were arrested last year in new york,
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after police operation, the link, the assets to the crypto, sliced inflation has seen many your fans paying an awful lot more for that groceries then they used to. but some environmental, this would argue, we're still not paying enough for the foods that we eat now. one gym and supermarket chain has temporarily increased its pricing to reflect the true cost of each product sold out. and that's despite a 60 percent price rise. the organic yogurt at this berlin store of supermarket penny. so a price pump as part of a weak low marketing campaign across the country as $9.00 products, including yogurt, different types of cheese sausage and beacon schnitzel are part of the so called true cost campaign. drawing attention to the true impact of groceries on the environment and yvonne costing to improve costs include the costs stuff,
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environmental effects, not just the value of change which we have for the costs of the environmental effect. consumer prices could be different from what we have now, and if we do that research as have calculated how various products affect climate change during production. for instance, honey, my waste and it's impact on the climate, the amount of so degradation caused by farming. how ground water is affected by production and the health hazards such as harmful pesticides? so products need to be significantly more expensive. 400 grams of sausage cost, 88 percent more. but only 9 percent of the several thousands of products it sells. a part of the campaign and the discount here has also made other products significantly cheaper. many customers. i shocked about the high prices we had to adjust.
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that means we had to look carefully to figure out what to buy cost. we thought that would be a roast on the weekend, and that's it. you know, roast and noise to every 2nd day and quarter dose so produce the farm. us don't get anything they need, that. that's where it's justified. he likes to do some of welcome to pennies effort to raise consumer awareness, but others, including the farm is association and food watch. consider it green washing. that's because the discount are, isn't ready to pay for. it uses adequate prices. what speed is unfair to infinity? many from us also see it as a bit hypocritical when a company that spends all its time trying to push the purchase of prices down and buy some beggary. cultural products at low prices. and then it suddenly comes up with ideas like this. you know, the ones, the campaign ends next week, the products will be returned to the cheaper prices at penny,
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despite how much they harm the environment as well. let's discuss this a bit further. with the results on from data we were environment good to have you on the program. so what are we looking at here? is this uh payoffs done to the greenwashing are they actually highlighting and relevant points? i think it's a little bit of everything. there are definitely groups that are cooling the company out for green washing and accusing them of hip hop, christie too, because walters prices have gone off from those 9 products. they are still being pushed down on other products with little regard for the environmental cost of those. but they're all organizations as well, like green piece, for example, that have praise the campaign for bringing focus to what is a big problem. um for production costs is around a set of greenhouse gas emissions and also causes other wider impacts the environment. so it's good to have the attention brought to that. yeah. so what is it that people do need to know about the environment, environmental impact of the production of the fear that they buy in the 6th pocket?
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well, i'd like to start with an example. i'm sure there are a lot of people who have had buckets for lunch, for example, and beef is a big problem when it comes to the environmental impact. a lot of land is cleared to make place of castle launches. this is a big problem in the amazon, for example, where it accounts for 80 percent of deforestation. not only does this stop those trees being able to sequester carbon dioxide, it also kills off uh or damages habitats for animals and for plants. um they're also crops, for example, where we use pesticides which are responsible for killing insects. beads, for example that we need for public pollination. and then there's a foot slices which will say washing to our rivers and can cause problems with bite of s t, but also for human health. how does this will relate 3rd to how much we, we pay for it, i guess. what are the harmful processes make food? chief s o, is it just the fact that we're ready we are paying through the profit?
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i mean, some experts would say that we definitely need to put the price off. now, for general, need to help cover these costs and also be in direct impacts of the environment, sorry, of be a food production in floods. new some organizations have advocated, for example, for taking away tax from plump based fluids, which are generally better. so the environment, i'm putting higher taxes on meat and dairy products as an example, but there are worries, but obviously this could have a negative impact on consumers with lower incomes were already struggling as a result of installation. let's say that's so that's interesting. so we could get, you know, cheaper organic fates and more expensive beneficial results on thanks so much for taking us solstice. that drought is taking a dramatic told one of the most important was the ways the panama canal authority
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has announced plans to restricts the number and the size of ships passing along the roads. the measures could mean as much as $200000000.00 of trade is lost. next year . more than 14000 ships went through this waterway last year. that's the highest annual numbers seen in the panama canal in a decade. with that set to change this year and next due to a drought the from the survey to evaluate the current crisis is unusually severe. it's a good one robin started from now until september, next year. i think we should be operating under very tight restrictions. the drought is the major challenge, and the peculiar feature unique to the panama canal makes it worse. a good look at the major disadvantage. the dependent canal has compared to other maritime routes, is that we operate with crash walker. while the other is use salt water. what do
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you need? so our model, the panama canal needs rainwater to operate smoothly. a drop in water levels limits the number of bolts that can pass through. that will hit the panamanian economy as the waterway accounts for around 40 percent of its economic activity. and just lastly on the program ready, freddy freddie mac uri's possessions up for auction in the u. k. about $30000.00 objects. the guy under the hammer, including the clean front man's royal road and crown, the sense base of the auction is a baby grand piano at which he compose some of queens biggest hits, including the human reps, is expected to reduce at least $2000000.00. that is, funds can see all the lots for free, at surveys in london until september, the se. so from the end of business team here in berlin from
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o. s a d w dot com slash business so that the domain is issued to take out the book. you will tell you who we are happy that we are boxing the story. we have a, getting a visa is more difficult than finding gold hosted to use the sales force and for the future in the stories and issues that are being discussed across the country. news africa next on d, w eco. indeed, they call themselves human human media. and they're growing in numbers, the environment, and this is so cleaning up the rubbish, lash behind by millions of tourists in the mountains is one of the downsides of the
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tourism poses a threat to the livelihoods of many people in the region. in 60 minutes on the w very well that will make the janet justin janet loved. yeah. and binding thing, step away from the spot. i'm not even allowed to go to my own car and everyone was later holes in every single day. just getting you ready to meet the gentleman enjoying me, rachel stuart on dw the best as the the news advocate coming out from the program. come through yet another military. cool. in west africa is nashville. i'm on the tides. what democrats the in the region, these are express democratic, any elected president is the latest to the alphabet in the region. who would ask why the country quoted yes, returns to the top of the demo, pressing.

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