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tv   Business - News  Deutsche Welle  October 6, 2023 8:15am-8:30am CEST

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as you're watching dw news from berlin up next, we've got business for you. i'm terry martin. remember, you can always get all the latest news and information any time you want on our website at www dot. com. and of course we're on instagram and x are handled there. dw new thanks for watching the we say they're about never getting up every weekend on dw prejudices, stereotypes, to shape the west leaves of africa. how do we change this adults to make it meets with the companies creation together,
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they don't know the contradictory nature of these euro centric attitude, and how these beliefs can be changed. stop filming on the 21st on p o w, the faulty materials and counterfeit spare parts for existing problems that makers of airplane turbines have caused many people to ask themselves. is it safe to fly? looking at an experts here also coming up with h. p starting to make its chromebooks laptops and india will hear from our correspondent how the 2000000000 dollar production incentive for the i t sector is gaining traction in the company. and we will show you the argentinian butcher who's advice on how to save money and meet purchases despite high installation,
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has made in a viral steps. as cold will walk into the program is flying still safe deviation industry, which has the highest safety standards is facing significant quality issues. the us aircraft engine manufacturer present whitney has used faulty materials, which can cause cracks is rival c of them has found calendar fits spare parts sold by a supplier. thousands of turbines could be effected and need to be checked. airlines worldwide have had to round a significant portion of their effective short and medium hall fleet as they wait inspections, move tons alone anticipates having to forego approximately 20 at craft this year. that's good morning. this from michael santo, executive partner at agency engineering consulting firm. welcome to dw michael. now many may be wondering if it is safe to fly under these circumstances. is it?
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yes, absolutely. so i have no problem and no doubt to enter the natural, didn't you? of our northern america. we have to very good industry. it was at the very high level of know how very good operators and yes, it's absolutely safe to join the actual me. nevertheless, this a problems exist. so why have manufacturers of turbines of engines, for example, been facing these issues? i think the key topics is already 34 years ago when we come for the new generation of aircraft engines and it's a market mainly driving across like the east retention. neil so engines was a very, very high level efficiency, 50 percent loss decisions with comcast. the former units, so within the sentence, quite a lot of new techniques,
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technology and materials i used especially some service protection areas and so on . pounds um is that you got the same process with how to deal with that material. so it was quite easy to, to bring these engines into the market. yes, because of the efficiency of course, we wanna fly better pounds and more efficient. but of course, we are in an industrial area where we do not use 20 years of prototyping randy added to the market. we look at them very properly and closely monitored to the engines. and what happens right now and successfully expect from the industry. do you live? there's a problem face, but my goal of that one could also argue that the pressure to ring something a component that is more fuel efficient to the market and maybe too big then i don't think so like that going technologies entered in an industry or something
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level off majority of this measure, slab it is going up over time. did you get loans from the field? i think of course the pressure is high to bypass the efficient as possible. but of course not to be, it's a learning process we've been using this kind of new address in the address. so the majority of ever is growing up and i'm quite sure we're not talking about problems with the engine. was a 23 or 4 years. michael santo, executive partner at agency engineering, consulting. se, michael, thank you for your time. i us and you can watch the entire interview with michael santo on did the dublin use youtube channel? not to some of the other little business stories, making news, figures for both german imports and exports decline more than expected in august, suggesting that europe's because the economy has fallen back into recession. the international monetary fund predicts that germany will be the only major advanced economy to frank this year. by 0.6 percent. german police and custom officers
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rated several properties of a russian national and the southern state of bavaria. several luxury cars were confiscated during a sloop on a villa, the exclusive tig into the lake. the target of the operation was reported. the russian oligarchy, ali sure was monassa, a close ally of russian liter. vladimir put $25.00 countries have fleshed over $9000000000.00 to the u. n. green climate funds to help vulnerable countries, kobus climate change. the fund has been set up to help channel money needed by force base to meet carbon emission reduction targets and develop clean energy sources. germany, britain, france, and japan are the biggest backers. so from google and hewlett packard are taking advantage of india as $2000000000.00 incentive package. amd that's turning the country into an electronics manufacturing hub. they partner to produce the chromebook, a laptop for in southern india and an existent h
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b facility. but they're not the only ones with manufacturing operations and india a ser, apple, dell, lenovo, and samsung also make hardware in the country prime minister and to render. moti is expanding india manufacturing sector as companies diversified production beyond china and the growing tension between washington and beijing. s n t, a guidance, he forgot the w correspondence, arg cartridges. following the story for us from delhi a char or this incentives planned by, the government seems to be gaining traction there. what are the companies getting under this incentive plan as well? it goes, it's essentially a production link incentive plan, especially a specifically designed for manufacturing off of laptops, tablets, b, c's, so was a cetera in india. uh, its budget is about $1900000000.00 euros according to the scheme and incentive of 5
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percent will be provided by the government of india on net increment to sales by a company. and that's a big incentive earlier this percentage was lower than it was hiked. once again, companies will get an additional option incentive of 3 percent if they use confidence made in designed in india. so this is essentially designed to promote manufacturing in india. there's a lot of flexibility, which means the investments can be done over 6 years. so not a lot of benefits and about 40 companies including several global brands they have applied for it. and chris. so there is a number of tech companies one to produce more of their stuff in india. how big a role is india's recent decision playing to mandate a special license. when tech companies want to import laptops, tablets, and such to india, of what there's been a bit of a flip flop on that licensing policy. when it was 1st announced that you gave the market me to jitters. you know, uh several of a foreign including foreign brands like the h b, lenovo,
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they were very interested in manufacturing in india, but then this licensing requirement suddenly, you know, uh, some made their plans uh go topsy turvy. so uh, initially the scheme uh was due this licensing requirement was to kick in from september. then the government probably had to rethink and the date was extended to november. and now that i'm media reports that are claiming that the licensing requirement may not be implemented for at least the next few months as well. so it appears that there's been some rethinking government policy as far as this licensing requirement is concerned. but the objective essentially remains to be the same, that is to incentivize local manufacturing. and let's talk a bit more about this uh, 2000000000 dollar incentive program here. apple has not applied for it, even though some leaders in delhi had been hoping the company would. why would you say it's a bit of a surprise to some people, but uh, many believe that apple is,
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is, is really a us, but very focused on it's a iphone production in india. it means it wants to go onto. so it's another products as well. but it's not really looking at in the, as a, as a laptop manufacturing was or assembly market in the near future. it might apply later, but apple has not applied for the scheme. as of now, it is really focusing on getting up. it's a existing iphone production levels, the figures that suggest that those production, india has crossed a $7000000000.00 and it wants to effect a $4.00 to $5.00 uh forward height in this figures in the next 4 to 5 years. so that's really where the apple is focused. like now the w correspondents are required to him reporting from delhi. they are charl, thank you. it is to argentina now where a young butcher has become a successful social media influence, or he provides con consumers with tips on how to save money and meet purchases
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despite high inflation. what i'm telling you today and listen carefully is what meat is a ride for stuff. pastry personally, i like beef turn to line, but gross beef is much cheaper marital lower ends and you take the video will soon be ready for posting yards and pinion. social media style has around 900000 followers, has become an influence or by offering tips on how to best get good and affordable meat during an economic crisis. the suffering. yeah. for the success surprised me because i wasn't aiming to be an implant sir, with a video of use went from the people on to blame and i want to show them the meat that is a bit cheaper. how they can save way that, that man all married to is striking a cord as i continued live through
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a severe economic crisis. argentina is home to the world's 3rd highest inflation rate. inflation is now above a 120 percent. prices are extremely volatile in keeping track of product costs is challenging people or even worried about whether they can still afford to meet it for me that i think i'm retired so i feel the pinch costs are skyrocketing. so of course that affects me wait times are very, very tough because we simply don't have good financial policies. were you seeing a lot of me without it? i don't even know how to could possibly get married to lauren's isn't just giving money, saving tips. he also publishes the retail prices because many of his fellow butchers tend to keep prices high for customers, even when price is dropped. i think,
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you know, all right, i want you to know the retail price, but i mentioned meet type has dropped it. he tells his followers to be alert while shopping, so they don't get ripped off by butcher's. it's something he demonstrates jokingly in videos. but all of that comes at a cost of course there, which is and follow me and somebody don't like me. but those who work like i do are please, because in the end we are the ones, the customers appreciate that. so under i, my marital season self as a butcher friend and helper and his customers trust to mostly because he's providing them tips, doing any kind of a crisis. making sure that meet continues to be on their plates and who wouldn't want to butcher who is also a friend and they help, thanks for watching into
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the conflict. so i worry about the will of the west to continue to do what needs to be done. strong was from, i guess this week today says former deputy supreme commander in europe. i mentioned sure there's a lingering feel that somehow we can go back to some sort of status program to russia. that is not going to happen to have a conflict next on d. w to the point strong opinions, clear position. international perspective. germany's economy is weakening. companies complain about a worsening business environment with high energy prices, while right when populous movements are on the rise threatening core democratic values. this week on to the point, we ask a great power in trouble. what's wrong to the point in 60 minutes on d, w. well then progress as tough calls to everyone who wants to know more
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about this topic. the 2nd son of about the story is beyond the headline rolled in progress, the w cuts cost i worry about the will of the west to continue to do what needs to be done. strong words from my desk is weak base. i was full, the deputy supreme commander of your so richard sheriff, there is still in your, among european countries a lingering feel that somehow we can go back to some sort of states of the quote to with russia that is not going to happen. so what does he think will happen? so the loving prospect soon focus is allowed wake up, go to europe and america.

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