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tv   Business - News  Deutsche Welle  August 5, 2023 8:15am-8:31am CEST

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illegal, you're watching the news he has or am i know about top story, the standoff between these ass cooley, the, the west african, the alliance that wants him to give up, could come to a head this weekend. illustrations of broken off of go assess that has the plan for military action if new jazz democratic government is not to be in stated in the coming up next business with robots reporting on how gloomy you cannot make news. past the expected markets, states you into more use at the top of the interest, the global economy, our portfolio, g w business. here's a closer look out the project, our ship to analyze the flight for market dominance.
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with dw business beyond, you'll see about the video that goes in the media and legal law. give a lot of your time, i get, i will stop into that and i'll give you the order. would you be able to order that up? joe made any a dog coloring key, more people than the eval on worldwide in search of a did you have you ever use man at the accounting method the audio get find out about on the story in from icons, the roof weekends on your pay in 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. that's hyped, it's prices to reflect what it says the for those costs. the state of your business
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on robots invalid and welcome to the program. can your parental itself out of? it's kind of like funk date. this week indicates a business activity in the your a zone declined as an even faster rate in july, done in june export because from gemini, that's because i suggest it's straining to escape. it's economic down to the bank of england, or say, hiking interest rates yet again on the state problems across the continent to appear to be assisting. so let's discuss the situation in your with your kramer chief economist, i commerce bank. thanks so much for coming on to give us your expertise on this at the end of a week. but if at all kinds of data floating around, if we go anything of a better idea of both the situation, new york and economies ended by what had today. we had a surprise increase and manufacturing orders in germany,
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but this was only due to bike orders. if you have the track from the special effects, then you'll see it then you'll see a continued downward trend to this important view to indicate as all of the side. all the signs are that the drummond economy is heading for recession and the 2nd half of this year. germans on many europeans, if they have had a difficult yeah. even longer, in fact, the price is rising and such as always a point yet where your friends can start to, to think about recovery issues in the pricing themselves for a 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 you 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 its toll on the economy of this as a main reason why we expect that the use on a call 8 euro, sorry, economy should also go at least into a kind of technical recession. that means it's 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 it from kind of bank, it's been really interesting to just get your reflections on the others that strings data that we've been getting this week. some surprises in that some good, some bad, but thanks to taking us through them. now let's take a look at some of the other global business stories that are making the news or in the year as a 187000 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, best off saying the us labor market remains robust. china central bank is place to
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increase financial supports for the countries private enterprises such as will make it easier for them to secure banks. lands. china is currently suffering from decreased foreign demand a week and real estate sector. rising unemployment and 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 load 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 alia. lichtenstein were arrested last year in new
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york 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 that 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 snips. so a part of the so called true cost campaign, drawing attention to the true impact of groceries on the environment. and event
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costing to improve costs include the costs stuff, environmental effects, not just the value chain, 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, researchers have calculated how various products affect climate change during production. for instance, honeywell 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 at a discount or has also made other products significantly cheaper. many customers. i shocked about the high prices we had to
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adjust. that means we had to look carefully to figure out what to buy in costs. we thought that would be a roast on the weekend, and that's it. to get a new roast and noise to every 2nd day in quicker 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 penny's effort to raise consumer awareness, but others, including the farmers association and food watch. consider it green washing maps because the discount or isn't ready to pay for juice's, adequate prices. well, it is unfair to infinity. the 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 bakery 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 walter's 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 focused 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 your 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 foods 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. these for example that we need for public pollination. and then there's a foot slices which will say washing to our rivers include cause problems by diversity, 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 a fact of we're ready with a painter level profit. i mean,
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somebody experts would say that we definitely need to put the price off now for your general need to help cover these costs and also be in direct impacts of the environment, sorry, of the, the food production in floods. new some organizations have advocated, for example, for taking away tax from plump based fluids, which are generally best just the environment. i'm putting higher taxes on meat and dairy products as an example. but there are worries that 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. drought is taking a dramatic told on one of the was most important was the ways the panama canal authority has announced plans to restrict the number and the size of ships passing
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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 number 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 to go to that look at the major disadvantage. that dependent canal has compared to other maritime routes, is that we operate with crash walker. while the other is use salt water,
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what do 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. freddy 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, which he composed some of queens biggest hits, including the human reps. it's expected to rise at least $2000000.00 that 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 o at the data,
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we dot com slash business. all the data in years issue to take out the punch and has plenty of space. the ford f 150 lightning is a battery, electric horsepower monster. we take a look under the roof of this giant b can live up to its legendary gas powered cousin. read the d w. the these committed coin is great for investing the invest these little everyone here just wants to get into big old, quite the coins,
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