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tv   Business - News  Deutsche Welle  August 24, 2023 4:15pm-4:30pm CEST

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as that's all, very putting a lot of hope into this kind of development correspond enhancement that. thank you hon. and that's it for months and me of the whole news team here. don't go away next up, chris cobra. what have more on the expansion of the big countries on the dw business offer shall break and go head office in berlin for me on the team. the process category is just your thoughts. see what the now serious here. mauritania is here. they don't work truck. we know is this one of the great dreams and the grim reality the sahara was hel,
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i sway what remains? can i just want to be free? the house on the edge of this, the heart of the last shelter. start september 2nd on dw, the brooks is the past, here comes breaks, plus the top emerging economies open the door to 6 new members and their quest to change the world order. prepare reactions from our correspondents, also coming up, chip maker and video stance. analysts and investors were much better than expected earnings figures. our financial correspondent will tell us what it means for the company and the entire textbook. and we will take you inside a house built entirely by a 3 d printer. of course,
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coble bottom put of all wrapped in 1st expansion and over a decade the brick screw, but of developing nations says 6 new countries have been invited to join the block, the bricks, countries, brazil, russia, india, china, and south africa are keen for the block to reshape the western lead global order and expand is to you political influence, china and leadership, asian ping, describe the expansion as historic and joining the current briggs of nations are argentina, egypt, the up. yeah. you're on saudi arabia and the united arab emirates. here's what's indian prime minister and the run remote. do you have to say about expanding the block part of the expansion and more than these ation of breaks is an indication that all the institutions in the world must mold
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themselves to changing times. but those days, some 8, but to get a little this is an initiative that can be an example for reforms in the global institutions that was stablish in the 20th century. a miss on one second. all right, let's get some reactions here from our correspondence char required to gain deleon to james tater in taipei. james, let me start with you at china or presents 70 percent of the brakes. total g d p. why does the state and party leaders using paying welcome, expanding the block, as well as verified already. now susan king, welcome this expansion. he said that the country is that agreed unanimously to invite these new countries to join. and he described this expansion as historic and that it would bring new vic uh through the breaks organization and help right. and your champs are in emerging countries, choosing paying china as president jews this, this block is
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a real effort to kind of provide an alternative to your countries that he believes has been marginalized from the existing international community in western countries. i think we'll be watching with interest this new role because it's, believe china really was spearheading a lot of these efforts to expand the group, despite concerns within the existing groups with within existing members that at times from an organization that's much more focused on economic issues. to something that's much more political. so if we look at some of these numbers, we have saudi arabia and iran, importance additions, of course because of saudi arabia, scouts and oil markets. the christian name from the perspective of china because it was china. the bro could tours between saudi arabia and iran, one of the most intractable sources attention in the middle east. again, pagans decided to of china being a responsible officer of international disputes. charl over to you in delhi, india's prime minister and around remote it initially was heavily against expanding
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the blog. now he says he supports opening the door to new members. what changed his mind as well, chris? and they were opposed to not just moody, but even luna was not really comfortable with the expansion. while india was supposed to be unhappy about the number of people or by what was wary about the number of the new members. lula was apparently, he was added to that preventive about the base that was these nu menu members will join. so this development would come as, as a surprise, so many adults who would not really expecting this to be, and i was very soon, it's really hard to say what the done or what changed in the as decision. but there are some hints embodies statement. it says, what do you said, for example, yesterday that, um uh we welcome uh the expansion of the group. but then all the decision should be taken to consensus indicating an, a little bit of discomfort with the process. and then he also said that now he expects breaks members to support the making the african union,
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giving the african union a permanent, a membership of the g. 20 is sort of a motto that he and they have that he has been pushing. but this has been his idea, so these are one of the couple of indications that come from all these statements. otherwise, this is definitely a surprising development to chris w. correspondence tara card to gain daily and james tater and ty pay. thanks to both of you. you know, there's some of the other global business stories making news. the international monetary fund is releasing the last portion of its $44000000000.00 loan packaged argentina. unlocking $7500000000.00, which the country does lead, meets argentina as badly triple digit inflation. and rising poverty levels, china is suspending in ports of sea food originating and japan response to tokyo's decision to begin releasing treatment waste water from the for cushing, the nuclear plant and to the pacific ocean. the move will have a major impact on the japanese fishing industry. china being its biggest export
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market for see for almost $70000000.00 more people are living in extreme poverty and developing asia as of last year, driven by the corona virus condemning and the rising cost of food and fuel that is, according to a new report from the asian development back extreme poverty is defined as living on less than $2.15 per day. shares of in video or the big winters on wall street to that after the chip maker forecast quarterly revenue that smashed expectations and announced a $25000000000.00 buyback. and it's all on the back of artificial intelligence. the company is the biggest beneficiary of the rise of check g, p, t, and other generate of a i of apps many of which are powered by its processors. this quarter is following the story for us from new york. yes. to be ready,
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catch the wave and then right, it's a is everything going and videos way here as well. of course i would say, i mean yes, i mean, nvidia is firing on all cylinders and they have been at the right place at the right time. they had just started to produce those, some a i it chips the last fall on scale and then how c o agend new on put it to then by the end of the 2020 to this killer f appeared meeting said c, p a t, the whole of a i a craze and started and everybody now wants to be a part of this game and, and video almost has a monopoly when it comes to the tips to the processor as far as those some systems . so you just mentioned a few numbers. so in comparison to last year is quarter, they doubled the revenue and for the current 3rd quarter, they expecting to increase revenue by another 170 percent. and some of hearing that
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in video may eventually struggle to meet demand. how relevant does this concern? well, i mean it is a topic, i'm not sure if the fear is really what's driving a video at this point. again, jensen, one the c o, often video says that a shipping is not even coming close to the mind so. so yes, so do you mind is higher than what and media can deliver about they are having almost a monopoly, meaning they also can control the price of the site. just for fun. looked it up a d h 100 and it ships the losses that is the best seller, so to speak from an nvidia, the us, you can buy one of those cards for 35000 dollars. they have a super high margin. so well, it's also an advantage if you have that monopoly, even if you could put you with even more just briefly and videos, market cap as well into trillion dollar territory right now. how does it compare
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with other ship makers? it is in the super high territory. the stock is up by more than 220 percent this year low. and the closest competitor taiwan, send me conductor, has a market cap of about $450000000000.00 of advanced micro device. so it says a market cap of about 170000000000. so they're all far away from where in video trades at this point gets caught in new york. thank you. these days it seems like you can 3 d print pretty much anything, but an entire building. well futuristic machinery is enabling builders to do just that. and that is an amazing thing to watch. this machine works as fast as many construction workers layer by layer. it applies the concrete, completing 4 square meters of concrete walls per hour. this is how the largest 3 d
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printed building in europe is being built. it's the window list building and construction site manager to guy easy. bobo is delighted about it. but when you're talking about stuff, you skip that, do this like this, where you have this type of fan or fed ex or where you have it with the next step to an order. and you obviously clear it says that that perform well for this. then we, i might have more than 3 times fast i done called us an idea. and that's not the only advantage. it also requires less material and fewer employees on the side as much cleaner than other construction sites of the on. we need to build this just the for the, the nice thing here is just 3 people, one present or press the princess. one present. that's a present missing lesson on one person that just works out. um, make sure everything is good for the cost on the tennessee,
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which is basically what i do is in charge of the construction site. sometimes he checks the mixer and there is even some time for work on his mobile. everything is more relaxed at this building site every now and then the work is have to insert uncle wires to secure the double bolts. and lose colleague is monitoring the 3 d printers work on the computer. so basically the process is that the, i can said design the building, which i have no waiting periods without them. this is what is possible. it is what's not possible. then after the design, it gives us this step 5. that is the, the step 5, which is what i can send the outline design of the building. then where, where the slides is with his lives. i will was suddenly surprised besides them then with slices. and then we get to g quote. then we send it to the printer and then we've got the price. apparently, a german company is making the building,
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and the printer comes from a day and these manufacturer, named cobbled. the ceilings will still be made conventionally unsupported with concrete, until they dry the construction period last half a year. 54 meters long, 11 meters wide, and 9 meters high. the windowless building will soon be used to house computer servers. building with 3 d printers is now moving from the experimental phase into commercial use. and you guys, it will go as construction projects lined up for his tweedy printer for the next 2 years. it looks pretty nice. that's our show for more tech on our website at dw dot com slash business. thanks for watching the
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eclipse landfill in romania is raising majors inc. the e. u has invested 40000000 euros in creating a modern waste management system. but where has the money gone? our porter searches for clues on a dirty task focused on europe. next on d, w. yes, the one for the in many countries education is still a privilege. property is one of the main causes some young children work in mind. draft instead of going to class others can attend classes. after they finish, the millions of children over the world of chance go to school
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we ask why? because education makes the world a more just make up your own mind. w. made for mines the . this is focus on europe. i'm lara baba, lola, welcome. romania is ranked among the used worst member states for waste recycling. the vast majority of garbage and recycling material is thrown together before it even arrives at the landfill. this violates the stat.

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