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tv   Business - News  Deutsche Welle  August 24, 2023 5:45pm-6:01pm CEST

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us and we will take you inside a house built entirely by a 3 d printer. of course coble buttons bravo wrapped in 1st expansion. and over a decade, the bricks group of developing nation 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 leader, she's been paying describe the expansion as historic and joining the current. briggs and nations are argentina, egypt. yep, yeah, iran, saudi arabia and the united arab emirates. here's what's indian prime minister and the render mode. you have to say about expanding the block part of the expansion and more than is ation of breaks is an indication that all the
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institutions in the world must mold themselves to changing times. whether there's somebody to be, i know 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 daily and to james, tutor in taipei. james, let me start with you at china or presents 70 percent of the brakes. total g d p. why does state and party leaders using paying welcome, expanding the block as well as if i'd already now susan, paying welcome this expansion. he said that the countries that agreed unanimously to invite these new countries to join in you described this expansion of historic and that it would bring new vic uh through the breaks organization and how it right
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and your champs are in imagine countries choosing pain. chinese president jews this, this block is a real effort to kind of provide an alternative to countries that he believes has been marginalized from the existing international community in western countries. i think you'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 then existing groups with, with an existing member that at times from the organization that's much more focused on economic issues to something that's much more political. so if we look at some of these members, we have saudi arabia and iran. important traditions, of course because of saudi arabia's counts and oil markets. the christian name from the perspective of china because it was china, the bro could towards between saudi arabia and iran, one of the most intractable sources, attention in the middle east. again, trying to decide to of china being a responsible all but serv, international disputes. that's our over to you in delhi,
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india as prime minister in around remote it initially was heavily against expanding the blog. now he says he supports opening the door to new members. what changed his mind or what chris? they were opposed to not just moody, but even though it 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 new 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 turn to or what changed in the as decision. but there are some hints embodied statement. it says what he 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 a little bit of discomfort with the process. and then he also said that now he
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expects bricks, members to support the making the african union 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 starting the car to gain daily and james tater and tie pate, thanks to both of you to another 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 desk meets argentina is battling triple digit inflation and rising poverty level. china is suspending in ports of sea food originating in japan response to tokyo's decision to begin releasing trade in waste water from the for
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cushion and nuclear plant and to the pacific ocean. the move will have a major impact on the japanese fishing industry. china being its biggest export market for sea, for almost $70000000.00 more people are living in extreme poverty and developing asia as of last year, driven by the corona virus pandemic, 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 winners on wall street is 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 just
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quarter is following the story for us from new york. and i asked him if everything was going and videos way currently, you know, 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 of 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 2020 to this killer, f appeared meaning 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, it's quarter of a 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 is 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, but they are having almost a monopoly, meaning they also can control the price aside. just for fun, looked it up a d h 100 and it ships of losses. that is the best seller, so to speak of from nvidia, the us, you can buy one of those cards for $35000.00. 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, in the super high territory, the stock is up by more than 220 percent this year low. and the closest competitor, taiwan said 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, if you trust the machinery is enabling builders to do just that's, 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 a window list, building and construction site manager to guy easy. bobo is delighted about it, but when you talk about, so if you skip that, do this like this where you have this type of fan of a conceptual where you have it with the next step to an order. and you options clear it's, it's best that, that perform well for this. then we 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 on we need to build this just the for the scene here is just 3 point one preston, dot or press the printer. one press one, that's a present missing machine on one press and that just works out um make sure everything is good for the cost on the order to send it through,
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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 workers 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 him. this is what is possible. it is what is not possible. then after the design, this us, this step 5 is that is this step 5, which is what i can sense i line design or the building. then when, when slices with his lives, i will was suddenly surprised with lies and 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, and the printer comes from
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a day and he's manufacturer, named cobbled. the ceilings will still be made conventionally and supported 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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inspire change to people making these go africa joined them as they set out to save the environment, learn from one another, and work together for a better future. many thoughts do you all think it's for good on d, w l g areas here? mauritania is hands on. mark track. we know is this to the great dream and the grim reality. the sahara was pale. i swear what remains? i just want to be free. the house on the edge of this, the heart of the last shelter start september, 2nd on d, w dw,
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so one take socks. we in fact every day, the world cash right? to work for free because we can make the different w all the world unpack, pulse out your info is and all the input u, v w story. now on to the,
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[000:00:00;00] the business b, w. news live from bell in the kremlin space. silence about the faith of you. have any pre goes in as the rest of the world, presume? who's the voc? let's see. find his deputy. port killed in a plane crash. the event is widely being seen as an assassination. with suspicion falling on the kremlin ukraine box, 32 years of independence from moscow today in the middle of a wall with russia. with cape sweet celebrations,
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featuring destroyed russian military hardware. as the country announces

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