we would not allow us to do. yeah. so that is it for me for this uh, searching for business news, followed by eco africa, the environment magazine. i've told me i'd like to go for myself in the team. thanks for watching the sometimes it's hard to find what you're looking for but we've got something for you. one of mankind's oldest ambitions to be within reach. what do you see? it really is possible to reverse the researchers and scientists all over the world for you know,

race against time. they are peers and rivals with one daring goals to help smart nature. the more likes watching it on youtube dw documentary, the serious conversation, or else more action. auto workers in the united states say they're willing to extend the current stripe. if it goes asians with heads of car makers don't show meaningful progress. so look at the latest from our correspond us on the p if it's taking a dispute with some new member states that are more afraid, organization after poland, slovak here and hungry, impose unilateral import bands, all ukrainian cultural groups and will tell you what, despite almost reaching

a record high recently reminiscence from the united states stones, good mexicans. as far as these i'm chris kolber. welcome to the program. the united auto workers union says a 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 us carmakers union presidents on st. called for a work stoppage last week after new 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 to climb 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 depressed, so 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 on a string. she says, car makers have re big profits and they need to share them with workers. you use re, standards across the workplace as an entire industries pushing up wages and strengthening beneficial ever strikes is drag and down. car maker inventories every

day and that will hurt the bottom lines. all right, let's get the latest uh from dw special correspondent, i abraham in washington. i have the auto workers union just threatening to extend the 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, the gm ford and still lantus. and so for 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 unionized workers that are currently on stripe. that is still very much a drop in the bucket of unionized workers. 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 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, the unions, 146 percent increase in pay over the next 4 years. and what uh, auto. with an 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 lieber secretary to detroit to offer help in mediating reaching an agreement . so this is really a, you know, reaching very high level 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

a national labor percentage just as it perhaps used to in the past. 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 workers track on our website at w 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, meant as a port prices and pacify local farmers are these bulgarians farmers ugly. so they are blocking long distance roads to protest against the lifting of

a ban on ukrainian 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 grain 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 banding. you can bring in green in ports. the fact that any member country, i'm not judging one member country, but any member country takes you know that to action for city thing. what these

extra to the single market seems to me something that these out of the low. but it's 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 as not 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. yours industrial powerhouse germany isn't expected to fair that well, the always to dc use it's v p shrink by 0.2 percent, recommending structural reforms for the country to prevent further forms online. platform ex, formerly known as twitter, could introduce a monthly fee owner in the musk sets, so in a form which is rarely prime minister benjamin. if y'all were mister musk said,

it might be the only chance to reduce the influence of the box, many of which amplify hate speech and, and tight 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 said 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 is 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 of the, the men busy the floors if they sent us $200.00. it was enough to get to lots of things for us. now we come by 25 percent left with that 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 remittance has an attractive interest

rate differential and higher form direct investments have let to what some of calling the super pay. so while mexico central bank has been hiking, borrowing rates to curb inflation, that goal was only reached in the last 2 months. as economist, carlos co, yeah, cafe anal observes gives me this, but for 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 manuals think of this will seem to come in 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 dollar in the coming year. and that without sharp re balance, according to the economist like james salzar. like nothing but i see only that you purchased by the end of the year. inflation could be around 4.64.7 percent. and it's very likely the end of the bank of mexico one no longer raised the interest rate. maybe even lower aid. the market is currently bidding that the rate will be lowered by the 2nd quarter of 2024. thank that would be welcome news for ordinary consumers. cheap, a. borrowing rates would benefit them more and that drops off our show. i'm chris coburn. berlin, thanks for watching. every successful, the

respect, it's all about. what can we have and texting nature? that's right, sandra, respecting they just studying the new data. it's about being up to date with current ideas, technologies. i'm trying to eat co way of life. the environment magazine, africa next on dw, are flying rivers created by the waterfalls water particles into the trees, sweating out up to 1000 liters of water in a day. for sea forest fires, evaporating large amounts of moisture at the answer in the invisible river that flows through this guy in 45 minutes on the w.

secret fly behind be discovered with benches and 360 degrees and explore fascinating. both heritage selling d. w world heritage 360. now the, i hope you have a one that what exactly mix of green and sustainable city? well, lots of these questions and note one we can answer in 25 minutes. not on this week . they should have equal africa will be exploring as many aspects of the question.