tv Business - News Deutsche Welle December 1, 2023 12:15am-12:31am CET
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is that it's not only people, it's also organizations that use symbolism that is related to the l g b t q movement like rainbows, or rainbow flags, for example. these could also become a target. and another possibility is that that would be to people living in russia now to try to leave russia for good as they have to fear for their safety. now more than ever and you're up to date. thank you very much for joining us. it's the sometimes it's hard to find what you're looking for, but we've got something for you. a driver and have it listed in place of long submitted terrain. in its most is convex. people of many of mazda and jeff are
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up to carina during modern last styles. submitted to a name. we're left the street meeting the dream mediterranean shamay this week dw, the, the fossil fuels need to be part of climate negotiations. they had of cop $0.28. so which steps can be used in time of summit into by actually agree on to limits on the warming? we'll have expert analysis. also coming up, we'll tell you why the and solve a c of austria and property and retail. zion's signal has banks, employees and local governments on edge. and we'll go to bangladesh. workers of the
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countries most important exports sector, the textile industry are demanding a higher minimum cost. koval, welcome to the program cup 28 you in time and summit. it's on the weight and divide, and it has started with controversial boards from the events host in his opening remarks felt enough that alter bear said that fossil fuels must be part of any deal . the cushion negotiations on to model one or 2 weeks long talks come any pivotal moment with the missions. so rise where leaders have an urge to move quicker to a clean energy future for the world off track to keep being global. temperatures rises low levels. but this is called president shows a different tone to kick off events taking list. i know there are some views about the idea of including language one for, for the fuse and in your booth. and then he watches the sex. we collectively have
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the power to know something unprecedented. in fact, we have no choice but to go the very unconventional way. i ask you own, we work together for more and a spring and claudia converge. she is an energy expert at the german institute freakonomics research. welcome back to the program claudia. the head of the cop meeting says that the role of fossil fuels must be included in a deal at these un climate parks. what do you make of that? as well as this goes in the completely opposite direction that we should have. i mean, what we need is a fossil fuel face out as soon as possible in order to reach 1.5 for so so. so global warming target would show we a met and this is not happening with this kind of statements, obviously,
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that interest conflicts. so it was a comp president and the fossil fuel industry. and that's not happening at the climate conference. so i hope that the countries will agree on an increase of you, you will energy, but the false a few phase out would be the right direction. i suppose the saying this climate, somebody needs to set up specific guidelines as a, as to the direction the global climate protection needs to be going in the coming decade. what specifically are these guidelines? yeah. what we really need now is a guidelines that we on the one hand increase, for example, the sheriff. renewable energy do more for energy saving and also step by step phase out fossil fuels. and these kind of guidelines i need it. i mean, we need the national commitments in order to phase out fossil fuel subsidies, for example, goals way, way toward small renewables and to provide the right policy measures for this and
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all this needs to happened. and on the other hand, we see on the global scale that a lot of countries are suffering from climate change. they need financial aid, and this will be discussed at the complements as well. it's now the u. k. government recently allowed for the 1st coal mines in the country to be opened up in the last 30 years. we see germany moving away from russia, natural gas to liquefied natural gas on different suppliers. what do you make of the argument that some governments on more invested in fossil fuels that they should be in order to keep costs slow and to be able to power the transition to an affordable greener economy? yeah, that's really a pity. i mean, of those step backs are really problematic because we are right now in the year 20 . so to 2020 is we and we should do everything we can do not to invest and to foster energy any more, not in coal mines,
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not in the liquefied natural gas instead and renewable energy and energy efficiency . otherwise, we will never reach as a climate, a goal that we initiated and the paris agreement we all committed to and this is the complete the wrong way, is that germany also u. k. by the many, many other countries in the world. we have other options on the table which are cheaper, and these are really renewable energy if we would invest into it. the whole costs system would decline and we both have a lot of economic benefit out of it. and this is completely not understandable by those congress deciding on it claudia, comfort of the german institute for economic research there. and you can watch our entire conversation on the dw and use youtube channel, thought to some of the other global business stories, making news, or economy of the years on 2nd largest economy. france contract is slightly in the
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3rd quarter. it should you be pro, take down 0 point one percent from july to september. according to some data, french authorities say the trend was due to slowing investments and for the next year, as on inflation used to a lower than expected 2.4 percent in november. on the year consumer inflation rose at a smaller basis. price pressure eased across nearly every sector. the latest data is closer to the european central banks, target inflation rate of 2 percent and raises hopes interest rates may have to china's manufacturing activity contracted for a 2nd straight months in november and at a quicker pace. while non manufacturing activity had yet another low for the year, the suggestive was the 2nd for this economy made me more expensive stimulus for sure. it cannot be multi 1000000000 year or property and retail jain cigna finally declared and solve and see this week after desperate attempts to
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secure a fresh funding failed, making it the biggest casualty so far. of europe's property, downturn owned by austrian tycoon. that any bank goals signals portfolio spend jeremy's best known department store berlin's cottage aid to the country's top high street chain galleria and the futuristic l tower skyscraper project. this super york belonging to businessman renee vanco has just come on the market for nearly 40000000 euros. the empire of the self made billionaire from austria has been crumbling for some time. rising interest rates and folding property valuations have now led to the bankruptcy of bank coast. cigna holding company the construction on handbooks l patella has come to a halt. another cigna project, the 950000000 euro skyscraper was designed as a prestige project for the city,
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but build a cigna can no longer pay its bills. using title was lucky the rise of cigna began around the year 2000. at that time, vanco acquired numerous properties and desirable locations at 1st in austria, and then internationally. since 2019, the company has owned the clinics, chrysler building in new york. cigna has also been active in retail since 2013 when bank code took over germany's trouble department store chain costs. until recently, the group had steaks and retailers in switzerland and the u. k. well, bank who is considered media shy to maintain strong contact and also for you and politics and politicians that now down playing the effects of the companies bankruptcy. these degree it's and it's important that the financial
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institutions remain stable. beautiful. that gets done. uh, then it will become interesting for austria as a destination for investment, but it looks well balance for now. and that's the most important thing in this situation. also this is going to be in dc to, to on. it's my, the sophistic step, the insolvency administrators. now have a hockey leon task to scrutinize the complex corporate network of renee benco to bangladesh and workers in the country's most important export sector in the textile industry are demanding a higher minimum wage. they've demonstrated in the streets, tax factories, faults with police and bern. vehicles to press home there in advance, at least 3 workers have been killed in classes with security forces. the 40s have announced 856 percent increase and the minimum wage would work or say that's not enough. w's night undermined reports and re government workers have been protesting
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on the streets of talk. a fond let these for the last couple of weeks. they are fighting for higher wages and fee let down by politicians. so i mean, at least come to the street so that the government saw surprises and helps us survive the theme i took part in the protests because she's worried about the nutrition and education of her children. a she's gone matched the living costs with her income, that the price of everything has risen and we can't manage the house. rent has been increased the suffering. that's why we're demanding a minimum monthly wage of $22000.00 stuck us. that's $210.00 us dollars. more than 4000000 people, mostly women work in bangladesh as ready made government industry. the countries main export sector. the minimum monthly beach government was on is the lowest in the world because of inflation and skyrocketing costs. so if everybody, goods was
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a struggling to make ends meet the villages barely cover living expenses for half a month, bundle dish has gone and factories generate near the 85 percent of the country's exports, amounting to 50 $5000000000.00 annually. but fact, you own us say they can't do more. and i'm ready to cobit 19, the one ukraine and now in gaza. these 3 factors have pushed the whole worlds into a recession. we see sales down, so all of us here are low to. so we formed a wage quote and fixed the minimum monthly wage and about $115.00. a salary increase of 56 percent is no joke. in this conflict, the workers don't receive any support from the government. the lima does not understand what the state is taking action against what goes like a says she believes or demands justified the best and they were only demanding better wages. we're not committing any crimes, we're not saving
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a rubbing. so why did they torture us? unrest in the government industry means unrest in the countries overall economy. it's unclear how the conflict with and especially for the workers and here's a reminder of our top business story for you. the call 28 you in time of. so i'm going to started into by were leaders holding crucial negotiations and global warming the controversial hurts from the events, host, salton and alger bear. he said that fossil fuels must be part of any deal at the summit to be talks committed, pivotal moment when emissions still price that social thanks for watching, having successful the
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instant the conflict. so with sarah kelly was slow progress in the counter offensive and winter setting, and there's a growing number of voices calling for a re think of what the priorities crane and how to achieve them from the berlin foreign policy. for us, i'm joined by ukraine's investor took care of alexi montana getting closer to being forced to consider health compromises complex. next, on d, w to the point. strong opinions, clear positions. international perspective. germany is facing a budget process following an emergency spending freeze the was todd largest economy is in trouble. it's on to the point we are discussing today. problems made in germany. no more money for the future to the point
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in 60 minutes on d w. the never giving up every weekend on d. w with slow progress and the counter offensive and winter setting in there is a growing number of voices calling for a re think of what the priorities should be in ukraine and how to achieve them on the special edition of conflicts, soon from the berlin foreign policy for him, i'm joined by ukraine's ambassador to germany or lexi my task is ukraine getting closer to being forced to consider tough compromises. invested in mchale welcome to conflict. so thank you for me. there's been slow progress and the counter offensive
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