tv Business - News Deutsche Welle August 25, 2023 5:15am-5:31am CEST
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punched one, but can now call himself a world champion the b that's you all up to date. now next up, chris kolber will have more on the expansion of the bricks. countries on dw business, that's after a short break. i'm kind of him off from the whole team here in berlin. thanks for watching. take care. the secret slide behind being discovered new adventures and 360 degrees. and explore fascinating world heritage sites dw world heritage 360. now that i wish i could've done more the same, you just
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click away, find the best document on you to really see the world as he's never seen it before. the drive now to dw, talking to 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 are financial correspondent will tell us what it means for the company and the entire text us and we will take you inside
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a house built entirely by a 3 d printing press called well welcome to the program. 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 brakes countries, brazil, russia, india, china, and south africa are keen for the block to reshape the western ludlow. border and expand is to you political influence. china leaders using ping, describe the expansion as historic and joining the current break. and nations are argentina, egypt, ethiopia, iran, saudi arabia and the united arab emirates. here's what's indian prime minister in there. under mode. you have to say about expanding the block part of the expansion and more than a zation of breaks is an indication that all the institutions in the world must
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mold themselves to changing times. but those days, some 8. but if you do 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 usually paying? welcome expanding the block, as well as verified already. now susan, king, welcome this expunged. and 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 brakes organization help. right. and
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your champs are in imagine countries choosing paying china as president jews this. this block is 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 will 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 all but serv. international disputes are over to you in delhi, india,
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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 as well? you, chris, they will repose to not just money, 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, luna was apparently he was a little apprehensive about the base that was these new menu members will join. so this development would come as, as a surprise to many analysts 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 decision. but there are some hints and movies taking. 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
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expects breaks 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 among the a couple of indications that come from all these statements. otherwise, this is definitely a surprise and development. chris w. correspondence start the car to gain daily, and james tater and ty pay, thanks to both of you. you know there's, i'm, i'll be able to go to 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 this meets argentina is battling 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
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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 market for seaford, 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 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 those, some a i it chips the last fall on the 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 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 about they are having almost a monopoly, meaning they also can control the price of the site. just for fun. looked it up. um the, the h $100.00 and it ships uh, losses that is the best seller, so to speak of from an 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, 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, futurist and 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 a window list, building and construction site manager to guy easy. google is delighted about it. but when you talk about stuff, he's got that do this like this where you have this type of fan or fat conceptual way. you have it with the next step to an order, and you obviously clear it's, it's best 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 that 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 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 designed to build it, 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 or 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, 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. at 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. as 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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the global energy transitions presents a number of major challenges. and there are plenty of clear in the race to save the climate. problems and solution in transforming the energy sector made in germany on d. w. they kicked in the door at 6 o'clock. my child was screaming. don't take mommy, you'll be set to my son, your mom. you're not coming back over the ukrainian city of coupons because under russian occupation for 6 months, everyone can endure the fear. we felt every day. when russia comes,
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the dw, what are sports scoring? we say they were about never giving up sports flies every weekend on dw, the a can organic oil fuel a green a future is the question that has scientists split basic method to use plants and animal products to power planes or put them on people's flights. we'll look into the details shortly. what's that coming up on this edition of made data?
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