tv Business - News Deutsche Welle November 7, 2023 7:15am-7:31am CET
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of the and that's all for now. next find out why the low cost carrier reiner is celebrated. that's on dw business with rob watts after a short break. don't forget this. thank you. more news on the information on our website. you don't need talk. com and you can follows on our social media kinds or handle this the don't even use a problem audius' for me in the team. thanks for watching. take care. the imagine that you're eating a hamburger and as you're biting into this juicy burner, your dining companion says to you, actually that hamburger is not made from cows. it's made from golden retrievers.
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2 2 should we. 2 2 2 2 2 2 2 in meeting cultures around the world, people learn to classify small handful of animals with edible and all the rest of the classify as disgusting. w series about our complex relationship with animals. the great debate. what, you know, on youtube dw documentary, the brian is profit, so it's a new heights. the low cost line is the latest carrier to be proposed by surging ad, fast with us. what's driving them up with the hidden costs of cheap food. the un says health and environment impacts the costing well trillions of dollars each year. it's just you to be a business on robots invalid, and welcome to the fact that just a drop in demand to add travel,
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joined upon democratic aviation sector is bouncing back. and then some rhina has just purchased a $2200000000.00 profit for the 1st half of the year. that's up 59 percent on the same period last year as not just your biggest budget alignment. seeing at demand for high demand for flight. lufthansa fs can, and many other carriers also reported strong sales and profits. but let's get to a better understanding of the current state of ad travel with steven tow truck. so i use the professor of air and space slow highlighting university in the netherlands. thanks a lot of joining us on data with your business. can you just briefly explain to us why we are seeing such big profits from the likes of right now we looked on well, i think that the demand is quite strong, quite frankly. we've talked for some time during cobra times adults whether the industry would bounce back and you know, whether it. busy into what extends and how quickly i think given that to minutes
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have been beat at this point um demand is really strong for for air travel. um and so that goes to explain that if the demand is strong, then of course um and the suppliers is limited. of course, uh, prices will fluctuate according to that, and airlines will profit we've heard from me if it goes to that they want answers from the airline industry as to why they've been able to sort of make these sorts of profits. in the meantime, travel is getting so much more expensive for travelers that obviously tony makes it some pressure on the allied industry, the company you actually do anything about these high prices legally as well. i mean, i think that the, the a, there may be a question mark in brussels about the weather. and to what extent airlines are investing in greener technologies and sustainable aviation tools and other things which they are. well since last week, 31st of all, october mandated to do a minimum of 2 percent of sustainable aviation fuels and their mix. some airlines
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are going above task that, that number. so they're investing quite a lot of money and that the, even those airlines are, have reported a record or near record profits from, from this past summer. i think that in terms of the low and the we have very clear guidelines and in europe about the single aviation market. and that price is, can be set freebie by oper, peers in that market without interference by governments still. we've seen initially as an example of the government introducing a cap on, on a maximum fair on certain flights with an italy which raises questions about this legality under your opinion law. so as it stands, there is no way to regulate half as other than the market itself as well. in short, yes, the market should correct itself, and those fair should be yeah, well,
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the determines by supply and demand effectively. now that's with in the european union, this is for, you know, domestic flights within the union. and, and of course, there are there, we have to look beyond european union carriers, the united kingdom, of course, but also the united states and, and the far east chinese carriers indian carriers have the biggest number of aircraft on order at the moment. so they're due to, to really grow significantly and they operate to and from the you, of course. so they will be um, competition great competition, increased competition between european union carriers on the one hand and, and normally you carriers on the other, on the global market. and so i think we're going to see some yeah, potential challenges for the european union carriers, which of course are subject to use all of all the time. and the other carriers which are only subject to the extent that they're flying to or from the union. steven trucks or professor of an space or lighting university. and you can actually
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watch my entire conversation with him on the do and use youtube channel. now let's go look at some of the other global business stories that are making the news. china as opposed to this 1st have a quarterly deficit in foreign direct investment. f b, i came to minus 11800000000 in q 3 as withdrawals. i'm downsizing by foreign firms . outpaced best spending in china and list attributes. the change to the risk in 5, west companies, 8 on most ai stuff is revealed, its own artificial intelligence bought named grok to challenge chat g p t. it's now in testing with a limited number of users in the united states. eventually, growth is to be a feature of x premium plus which costs $16.00 per month according to most of. well, i mean you as instruction alibaba to provide details of its approach to combating illegal products, you are paying commission most. and then one of them is making to prevent harmful
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items such as fake medicines being sold through cali express. chinese. the face has potential fines if it doesn't comply with health, social, and environmental damage at the hands of the aggregate, your system at up to 10 trillion dollars per year. that's 10 percent of the entire world's g d p. that's going to study by the us, food and agriculture organization. the f a r says 70 percent of the costs stem from unhealthy. dicey pessimist, which leads to a basis to another diseases 20 percent caused by environmental damage created by nitrogen emissions, greenhouse gases, and changes in london. bushings. according to the study, 3 quarters of all hidden costs generated in high end of the middle income countries with low income countries being hot, his hips, by the consequences. you and advocates for a speedy transformation of aggregate systems to address climate change, poverty and equality, and hung up and discussing the affairs findings with raymond torres from the
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economics think tank from costs. i asked him why the shipping costs went already factored into the global food market. this is the key issue and the main reason is that some of these costs are worn by the communities of large country reading the decline your mind and not, not internalize into the, the way enterprise of, for the enterprises. it's with production or it's and this is why they're here. i'm going to send some of these to the, to the producers to put, produces ever the all feasible indeed for, for the countries as a whole. and therefore, do suggest that in order to address those issues, one is to really put in place pointers which go beyond the short term reason offer for production systems and taking to come to need to invest much need for some work investment. you're going to call them this call me on what with you
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also need international corporation because even one country united solution once we produce certain resolution, tries to address those heating calls, it is necessary to cooperate in order to avoid the petition by the producers. why? the countries not talk of those issues, right? if you're actually, you know, lacerating effective date for yourself is a, at a disadvantage. so is there any sign of these kinds of policies actually coming to fruition any time soon? i or where there is more awareness. i would say the policies, uh see, and he's not, there is much more awareness, international community, especially and about the com and awareness of those costs in the past. and particularly aspirations are, you know, really rating on bass or whatever this is talking. however, i mean, what is missing at the moment, ease or commitment on the part of what you got from the system to really take. gotcha, and this is the same for the rest of the year as we've violated. so we're much more
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aware of the problems. so we didn't even mention the boxes and the same with 40 boxes, but the speaker to agree among countries, especially since there's tons of positions of defense, the country we've read it, this is because page one that the investment other countries are taking advantage of the present systems and therefore we, because we don't want countries and therefore, i think the, the key here would be to get some international agreement to move forward. if that doesn't happen, i think this trade block so that you should be in a position to take action from the point to the fox sports. for example, you know, to internalize defeating costs, all present, which systems has a and as itself, in the case with a environmental stores is so. so the behaviors of the wealthy nations actually have an out sized impacts on the developing nation to raymond toys from from costs. thank you very much for being a 0 expertise today. let me say another day to play
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a key role in driving down the hidden costs of agriculture in gemini, finding machinery, manufacturers making reco profits. if i said 19000000000 yours in sales this year, agricultural machines are becoming ever more sophisticated as they adapt to changing plant for 3 generations to get him a family test, run the farmstead and the german state of lower saxony. father and son have long agreed to cultivate the $400.00 tact or sustainably using or the minimum of artificial fertilizers and pesticides. in days of yore, the plow was every farmer's most important to the gap must have long retired. they are the only surface decorative objects for 29 year old thomas scammer. old school ploughing has no place and model in farming. it needs to be important when i turn over the solo with the plow, the surface gets very dark because this so in this brown, dark surfaces naturally attract for somebody to heat up more. and as a result,
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more water evaporates to retain water in the soil. even during dr. periods, the get most employed shallow solar cultivation. martin telling machines barely break the surface, leaving the sol structuring tact. plant residue acts as a sort of some blocker for the soil. so bypassing the moist as soon as there is a covering of molds meaning plant residue, we have lower temperatures in the soil, and the lower the temperature, the less water will evaporate. now the benefit of shallow sol cultivation, the ground, is home to an army of earth worms. they borrow it through the soil, allowing it to absorb moisture like a sponge. this method is truly sustainable because these little workers are active all year round. what do you think the 1st forms are most important orders? they process, plant materials, turning a bus route mass into underground homeless. this makes the saw it more fertile and
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the size, the mountain inborn falls off. as the gap must old sugar, beet harvest still needs to be replaced. the farmers want to make sure to get them off with wide caterpillar tracks that won't crush the or swarms. they're convinced that the farming philosophy can help combat climate change. it's just i for reminder of the top business story that we're following for you this our right. it has become the latest at line to post bump up profits. it's endings in the 1st half of the year was up to 60 percent on 2020 two's taken f as in europe, around 30 percent higher and they were joining the funds. demik analysts attribute the rise to high demand and a shortage of pack. so for me and a visiting handbell in football headquarters at d, w dot com slash business on indeed the data we use youtube channel and if you ever that so nice on the
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