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tv   Business - News  Deutsche Welle  November 10, 2023 5:45pm-6:01pm CET

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shop is the state of your business on robots invalid. welcome to the front of the german government is stepping in to reduce energy prices for the countries factories. germany's crucial industrial sector prices being rented uncompetitive by storing electricity costs resulting from the war and ukraine. of shots is government is extending a program of tax breaks and compensation for the most energy intensive businesses. however, new money will need to be found if the support is to last any longer than a couple of more years. but to understand the impact of the general governments tactics here, let's speak to current pittsville, director of the 1st center for energy climate and resources. thanks a lot for being with us. just tell us exactly how significant a helping hand essentially is for jim and industry basically doesn't change very much to the situation beforehand, but it changes a lot in the sense that some of the reservation that now basically prolonged would have run out pretty soon. and so the
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a that the companies actually receive, they will get in the future as well. so that is a relief. but it's of course not the same type of guaranteed subsidized price that the industry electricity price was promising. one of the key items here is to stop german industry becoming uncompetitive and failure to produce this to, to thing. well, maybe we should be moving somewhere else. is this going to be enough to stop that happening? as i think we will not be able to stop the structural change from happening in any case. so that is one of the fundamentals that we have to deal with. the transformation of the energy system will have effect on price system that will have effect. and on determine industry, and that will not be stopped with, for example, the industry bridge price as it was announced previously. so i think that is something that will happen and that's the question. how can we help industry best
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this industry that actually has a chance to state in germany in the long term? this looks like it's going to be the case of these measures 420242025 probably. but how long can the general government sustain this kind of financial intervention? i mean, the measures that they have announced now that basically ongoing on for longer than planned originally i was suppose to last for 5 years, at least the support for the power intensive industry. and then the relief of the poet tax, electricity tax that is so far, only scheduled for 2 years. so there is basically an horizon on the financial burden to the state. okay, kind of federal from the if i sent to the energy climate and his office, thanks a lot for making sense of that for us. thank you. now let's take a look at some of the other global business stories that and making the news u. k. economy stagnated, in the 3rd quarter is high interest rates bit,
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the figure was slightly better than expected, as many, unless had anticipated the economy would shrink. the bank of england is raised interest rates voting times in a row to combat the inflation rate sykes. however hom, economic growth as they make it more expensive for businesses to borrow money and bangladesh. as government has again rejected an increase in the minimum wage for government workers on choose the government's appointed tunnel, raised wages by more than 50 percent to a $160.00 orders per month. protesting common work is however, continued to demand more than $200.00. yours a month, so far, the purchase of the 3 work is dead and more than 70 factory. the band of techies, parliament has this week removed coca cola and next slide products from his restaurants over the suppose it supports the israel and that the conflicting garza, the bottom entry sources set, the decision was meant to respond to huge public outcry against the companies for
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supporting his route, the problem and didn't specify how okay to go to an s like support of israel florida take his activists have in recent days, past the public to boycott to various west him companies they do is endorsing israel's recent ex. well that's getting more in this format correspondence in a stumble yearly. hon. yeah. and what have you been hearing about exactly why these boycotts happening and how far they're likely to spread? please, a boy cards campaigns, rob, i think, reflects on crows and talks present edwin's growing anger towards israel and the west for us especially. and at the same time they are a reflection and a reaction to anti is really sentiment among the population here in khaki. anchor over, is there any bombardment of gaza and the rising desk pool among palestinian civilians? we have seen a call from bar codes, offering friends by local municipalities and universities in recent days,
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across stocky and when you walk the streets of some is simple neighborhoods. you see protest stickers or posters calling on people to stop buying from starbucks. for example, mcdonalds and pro government media here and talk you a publishing long list of allegedly pro is where any companies and products from coca cola and nestle to the medics producer, laurie eyes, or the sporting a manufacturer, a sporting goods manufacturer id does, or uh, the sales, korean call manufacturer assumed i, but in most cases it remains absolutely unclear what these brands and companies are supposed to have to do with me is or ill have mazda war. it's not being explained at all, it leads to a loss of confusion over product origins. and many of these companies, as far as i can see, have not responded to these accusations, spots that seem to mess with less than perception. and many people i spoke to here
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in is simple, told me they support such bar called companions. let's listen to jesus. we can make our voices heard. was these play cards for otherwise? nothing will happen. no one will hear us jones. i'm a shopkeeper and i don't want to sell certain products right now. to simulate it started, i try not to buy each randy products anymore. at least the ones i know. i shop more carefully. no. 3 months or yeah, i don't think it's russian though too. boy caught coca cola or starbucks, they have nothing to do with the war vs just no connection. you control. i think people are over reacting to see if it should be touched. customers should look on your lots of different perspectives that but what are the potential economic impacts of you know, so many techs turning their backs on these brands. since you can see many political analysts and economists here in turkey actually say that such for
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cost campaigns make a little sense and may not have the intended to impact take coca cola, for example. it's an american multi national company, but the beverage is, are actually locally produced here in turkey. the beverages that are being sold here by thousands of truck is workers in more than 10 tucker's factory. so any boy called would actually home themselves and harm be already aiming package economy. so these boy cods campaigns are considered to be symbolic, move intended for the population to somehow vince their anchor presidents ad one is very well aware of the anti is where 80 sentiments here and after some initial hesitation, after october 7th and tomas was atrocities he actually became one of the most vocal critics of israel's actions in gaza. he accuses the west of being complicit in what he calls massacres and a will crimes that turkey has recalled. is ambassador from israel algo and said he
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is cutting ties completely with these were a prime minister netanyahu, but still experts say that turkey in the end is unlikely to cut off its ties. trade relations, economic relations with israel completely, that is not going to happen at the same holds true for western companies for us, because officer, all techie, actually needs western investment to repair its crisis, written economy. okay, you johan, and assemble for us. thank you very much. i, the parts of the world are still very much in need of ukrainian drain, but the countries farms still have supplies from the year before, less harvest, sitting in storage, well has meant that as a backlog, the copy cleared on a totally optim ankle is always on the go, his lane stretches over 1500 hectares, and the odessa region has been a farmer for 30 years and thought he'd seen it all to call you the new york mobile
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phone during war time, slightly experiencing now. no farmer can say what will happen tomorrow. the problem is what this one, what does it keep with it is obviously the 2 weeks ago he and his crew brought into corn, 3000 tons of it, except he's running out of space to store it on us. but we try to fix the problem is with adults during last year's harvest. all this, this is 2 years worth of corn. and what his life is, he brought me last year. ukraine wasn't able to explore even half of what was brought in from the country's feels, then rush, i dropped out of the green export deal. meanwhile, and over 77000000 tons stood ready to be harvested. literacy, russia is using of rain as a weapon. we can exported and this causes more problems. whatever little can be exported to ship out of the the new river ports, the, the grain is load it into a river boats. meanwhile, at the black sea, the main export hub,
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ukraine is trying to keep the green core door open, but only 20 freighters have taken on the dangerous passage since august. the 10th. it's so much more difficult than before. the water, which of course it is. but shipping volumes are gradually coming back since russia exit at the agreement. the ports infrastructure and storage terminals under russian attack almost daily. every missile that hits strikes the main artery, a few trains economy, the country's grain is virtually needed on the world market and it can be delivered . grain prices in the country have dropped due to the export risk of mobile and with export stone up to the grand deal evaporated to income for the farmers as down as oh, she 11, i don't know sick that will now the united nations is offering health farmers like, i'm not totally optim ankle or storing the green under these giant top ratings. currently providing sun and rain cover for corn, wheat, and sunflower seeds. that's a decent solution for now,
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but it won't solve the big problem. this is for to move. i want the world to know that you prince farmers won't give up without working skills without will be one, is they it so they are indeed cruise on our to make us feel so busy plowing, getting this sort of ready for next year's prompt. reminder of the top business story that we're following for you, this our, the tenant government is stepping in to reduce energy prices for the countries. factories of shots as government is extending a program of tax breaks and compensation for the most energy intensive industry. and that, so for me, in the business team here in bed, and i'm all head of as a data we dot com slash business, all the data we in use youtube channel, you can also find us on facebook as well. we're on, there is data we don't business does that to my last one of the thing is so it's beneficial. the
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woman at the forefront in a man's world setting on architect. and i happened to also be the 1st female president of the, i think it's less the sum of kenya. i'm a lawyer graduated from zillow, can yes or university, and went on to design high press all buildings auction site in 30 minutes on the w to actually decide if we are credit worthy. if we will be accepted at the university or it's we are criminals. algorithms of course, doesn't need a skinhead. this guy is an anti semite, i mean way as a homeless person. this dark side of algorithms. in
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75 minutes on d w. d 9. we are all set. i'm watching closely. we all seem to ring of the story behind the news, the we all about unbiased information, feel free mind. so do to mention done the discovery stories change your mind just a click away. find out best argument trees on you to see the world, the
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subscribe. know to dw talking entry. the is a definitely news line from southern guns is how much run helpful. far too says the territories biggest hospital has been hit by as bailey, as strikes. i'm so sorry to say the bump baldwin, so if it costs a strict was not killed, lot of 11000 people across as one of the territories health care system has reached the point of no return. and we have an eye opening development for medical science surgeons in new york for the po, supposed the complaint i tried to plug in it at the confirmation. lasting 21.

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