bands are ukrainian culture and will tell you why this fight almost reaching a record high. recently, reminiscence from the united states don't get mexicans as far as these i'm chris kolber. welcome to the program. the united auto workers union says strike action. currently hitting selective plans of the droids big 3 car makers could be extended as talks don't produce meaningful progress. by the end of this week, the walk outs are playing out over bigger pay less hours and a $2.00 tiered weight system. but the stakes in this dispute are much higher. for the 1st time, the united auto workers are striking at the same time at all of the big 3 used car makers, union presidents on st called for a work stoppage last week. as an agreement on new contracts couldn't be reached. workers are demanding a 40 percent pay rise. these companies have made a quarter of a trillion dollars in the last 10 years. $21000000000.00 in the last 6 months alone

in our workers, wages and conditions of went backwards. the average wage of production line workers has declined 30 percent of the last 2 decades. but the timing of the strikes couldn't be worse for the industry. the sector is transforming as a pivots to making electric vehicles. that means fewer workers may be needed. battery powered car production is highly automated. our industry executives are feeling the pressure. i'm not motivated by money. i'm motivated by my grandfathers now we're a little worker about growing the company. everyone prospering from that. and that means our hourly team deserves to have that kind of benefit. 40 percent would put us out of business. the most powerful politician in the country. you as president, find facts, the workers are straight. she says carmakers have re big prophets and they need to share them with workers and use re standards across the workplace is an entire

industries pushing up wages to strengthen the benefits for everyone. the strike is tracking down. car maker inventories every day and that will hurt their bottom lines. all right, let's get the latest from dw special correspondent abraham in washington. i have the auto workers union just threatening to extend to strike, to more plans. is that likely to energize the talks? well they're really the so far what they have been trying is targeted, limited a strikes at the 3 main, a automobile manufacturers here in the united states, a gm, ford and still lantus. and so far that has not really, according even as we signed the report and has not really gotten them the results that they have been hoping for. and now there's this looming deadline at noon this friday. the the union leaders have made that if you know their demands are not met

or that there is no progress in the negotiations that more and more workers will be going on strike. i mean, we're talking about $13000.00 unionized workers that are currently on strikes that is still very much a drop in the bucket of unionized workers at these uh, auto, an automobile industry. and so what the union workers are doing so far is just giving a, you know, the automobile bosses a glimpse of what it's like to go a for them to, to go on strike and what kind of impact that would have on their businesses. but we also have to look that there's still a huge difference in opinions and demands. i mean, so far as the unions, 146 percent increase in pay over the next 4 years. and what uh, auto. it will buy the automobile. a bosses have offered us 20 percent. so the gap

is really, really huge. it's hard to see how that gap can be breached by friday. and president biden, you know, anticipating perhaps what the impact of the straight to be has said that he will send a acting lever secretary to detroit to offer help in mediating reaching an agreement . so this is really a, you know, reaching very high levels here in the united states. i briefly, if you would, uh, how big a hit uh is the us economy likely to take from these walk outs. so janet yellen, the, the, the secretary of the treasury has recently said that it is too early to tell what the impact on the economy could be. an expert said that the impact is, you know, unlikely to push the country into a recession or anything of that sort. and that's because, you know, the, the percentage of unionized worker in that industry this, it's big, it's large,

but it doesn't represent a huge number when it comes to the national labor percentage just as it perhaps used to in the past. um with that being said, there are some estimates about how much this if everyone goes on strike for 10 days, there are some estimates that that could cost the us economy up to $5000000000.00, dw special correspondent, i ever human washington. i think and you can find more on the auto worker strike on our website at www dot com. of course it is to ukraine. now we're just taking a dispute with some of its neighboring countries to the world trade organization after poland, slovak in hungary, imposed bands on ukrainian agricultural goods. the embargoes are a reaction to the commission, lifting temporary import restrictions on ukrainian gray being shipped via its neighboring countries, metro support prices and pacify local farmers. of these bulgarians farmers

ugly. so they are blocking long distance roads to protest against the lifting of a ban on you clean and green imports. this is about the livelihoods, the farmers fear, the cheaper grain from ukraine will make their products less competitive. i won't go far. i put a deuce green cross, and everything i can produce disunited is in my warehouse because i don't ship anywhere to sale the day. let us in the do you still want us here? they say, we don't want to. we don't search for it. we don't want to buy it and so on. and that's why we're sure the european commission defends its decision to lift import restrictions on ukrainian green products to poland, bulgaria, hungary, romania and slovakia. a measure that protected the markets in those countries. now some of them, including hungary and poland, defying the ease you by banning you communion green in ports. the fact that any member country, i'm not judging one member country, but any member country takes,

you know, that's an extra for city thing. what these extra position go market seems to me something that these out of the low but is to the commission to judge gary and farmers also protesting and demanding that their country continued to ban ukrainian grain products. that was left ukraine with no choice, but to file a complaint with the world trade organization against the e. u. countries that continue to band it's green exports right now to some of the other global business stories making news. the world economy is expected to grow 3 percent this year and 2.7 percent next year. that's according to the latest forecast of the organization for economic cooperation and development. europe's industrial powerhouse germany isn't expected to fair that well, the always the seasons v p shrink by 0.2 percent, recommending structural reforms for the country to prevent further problems. online platform x, formerly known as twitter, could introduce

a monthly fee owner in the mosque set. so in a form which is rarely prime minister benjamin. if y'all were mister musk said, it might be the only chest to reduce the influence of bots, many of which amplify hate speech and, and type some. it says that the international monetary fund will grad morocco, a $1300000000.00 loan. that's according to the country state media. meanwhile, the i m f and the world bank say they will proceed with in the countries and next months, despite the recent earthquake, they fear additional damage to the economy. if the meetings are postpone in mexico, the country central bank announced this months does that remittances in july brought in more than $5600000000.00, which is close to a record high remittances, which large me come from the us are one of mexico's main sources of foreign currency and a pillar of household spending. but the strength of the mexican pestle means that dollar income sent from abroad no longer goes as far as one state

every month. it's less and less money for stella. the 45 year old domestic worker, supplemental wages with the money her us base, some sense her. but the dollars are always worth less. the mexican peso was up 14 percent against the greenback this year. it's one of the world's best performing currencies. but the strong pace so is hurting those rely on remittances. people. i guess stella in memphis the the full on if they sent us $200.00, it was enough to get to lots of things for us. now we can buy 25 percent left with it. the dollar has gone down a lot. it's affected me a lot because before i could afford to pay for a big apartment, and now i've had to move an estimated 11000000 families in mexico receive

remittance is from relatives abroad. rising remittances and attractive interest rate differential and higher form direct investments have led to what some of calling the super pay. so while mexico central bank has been hiking, borrowing rates to curb inflation. but gold was only reached in the last 2 months, as economist called us co pay, though observes uncomfortable committee. this, by the measures taken by the bank of mexico to slow down the mexican economy through monetary policy and raising interest rates have not been as effective as they would've liked it, containing economic activity means less employment, less income and less investment mean looking play or significant manual, think of this will seem to come and looking back here, despite the strong pay so exports of growing the rose 3 percent in july, things to sustain demand from the us market. the strong currency benefits make 6

the importers and the government, but not ordinary mexicans. but the situation could change the pace or is expected to depreciate against the daughter in the coming year. and that without sharp re balance, according to economists like james salzar, a lesson for assuming that you push by the end of the year, inflation could be around 4.64.7 percent. and the, sorry, like the end of the bank of mexico one no longer raised the interest rate, maybe even lower and the market is currently bidding that the rate will be lowered by the 2nd quarter of 2024. that will be, will come news for ordinary consumers, cheaper borrowing rates would benefit them more and then drops off our shelves. of course, cockburn berlin's thanks for watching. every successful, like the

steward for quality and driving comfort for different and has been a world wide mercedes benz b plus the hybrid, the 400 formats, sedan, 40 electric washers in a new era in 90 minutes dw. hey guys, it's evelyn charmaya. welcome to my pod cast. last matters that i advised, celebrities, influenza, and experts to talk about all playing loved data and india today. nothing less the fast, all these things in more and the new season of the fuck. com. make sure to tune in wherever you get your thoughts costs, enjoying the conversation. because you know, it's last matter you'll see about the video that goes in

the media. may google, google. i've got that done by get other stuff into that and i'll give you a go on. would you? are you able to go to that? i'm jo, media dog, currently more people than the eval on the world wide in search of a job. you ever use minute the accounting method the audio get find out about on the story. inform icons, the frankfurt international gateway to the best connection, solstio, road and radio. located in the heart of europe, you are connected to the world experience outstanding shopping and dining offers. and strongly alice services be our guest at frankfurt and bought cd, managed by front, bought the

. this is dw, use live from berlin, azerbaijan launches attacks in the disputed region of nicole. now kyra, buck armenian media says the regional capital stefan occurred has come under bombardment as or by john is demanding the withdrawal of our medium by forces. also coming up. you as president joe biden addresses the un general assembly urging world leaders to come together to strengthen global alliances and not locked up.