all right, you are up to date dw business with stephen beardsley is up next. and don't forget you can stay up to date and organized news on our website and follow up on our social media accounts. i'll be back again at the top. the next hour. take care, see that? ah ah, what people have to say matters to us. i am. that's why we listen to their stories. reporter every weekend on d w. what are sports all about in winning fighting scoring we say they're about never giving up the most exciting sport stories about people passion and their dr. sports life every weekend on d w ha ah, i'm stephen beardsley in berlin. here's a look at our top stories. hundreds of thousands hit the streets and france to protest new pension reforms. paris, as it has to raise the retirement age to keep the system solvent. us shopper start giving price tags a harder look, even for the essentials, putting more pressure on companies. and what does it take to protect 9000 kilometers of oil and gas pipelines under the sea. we follow the norwegian navy. welcome to our show. more than 1000000 peo

and that was stephen beardsley reporting there. now to some other global business stories making news, the international monetary fund is expecting a 3rd of the world to enter recession this year. the downward trend is primarily being driven by a slow down in 3 major economies. china, the us, china, and europe. dubai has suspended its 30 percent tax on alcohol sales free year. it also cut the price traders must pay to sell alcohol. the city has cut back on regulation lately, with the aim of boosting, tourism and attracting more foreign workers to the region. and thirties trade deficit reached a 110000000000 dollars last year, the highest and nearly 3 decades, according to data released by the ministry of trade on monday. or tuesdays exports rose by almost 13 percent to a record high imports increased by a whopping 34 percent and our reporter akram energy has more on this aircraft. so course ada one's going to want to emphasize or record exports . but there's a massive trade deficit that importing more than it's exporting. so what's

ah, i'm stephen beardsley in berlin. here's a look at our top stories. hundreds of thousands hit the streets and france to protest new pension reforms. paris, as it has to raise the retirement age to keep the system solvent. us shoppers start giving price tags a harder look, even for the essentials, putting more pressure on companies. and what does it take to protect 9000 kilometers of oil and gas pipelines under the sea. we follow the norwegian navy. welcome to our show. more than 1000000 people are estimated to have joined a series of strikes and france, thursday, against a new government effort to raise the retirement age. there. the protests which exceeded past strikes against similar reform efforts resulted in suspended train travel across much of the country. and so teachers walk out of classrooms, this is just the beginning, the french union say, they see the one day generals strike as a warning, and they'll be more if the government doesn't withdraw its pension reform. hundreds of thousands of people participated

and let's cross over to stephen beardsley from d w. business who joins us live from quail as capital sag. stephen, what's the reaction been so far? i think that's right, as a historic gave your info basically becomes the 20th country to join the euro zone and only the 2nd country from the former yugoslavia mission of excitement and apprehension. here you can see i'm sitting in front of them here, the central bank with a gun never projections going on. and so right now it's really about pulling out those euro's right now, but the country has been many months now, putting it into banks and businesses happen gathering them now. next 14 days are via period, which there's a transition time. customers will be okay with the old currency to clean up or the new one, the, with the euro, of course they will receive euros in change. it's still a little bit different here. the money is shiny and the math is a little bit difficult. i talked to one waitress and said she would actually keep up any more and start giving back, who knows and change becaus

all right, you are up to date business news is a faxed with my colleague stephen beardsley and looking at those big lay offs at microsoft. don't forget you can get more news and analysis on our website at dw dot com and don't forget to follow us on our social media or handle. there is dw news on pablo photo alias for me and the team here. brandon, thanks for watching. take care and make sure to watch it over here with a lender contrast of ambition.

ah, i'm stephen beardsley in berlin. here's the look at our top stories. the world economic forum opens up the doors in davos, switzerland. we'll look at what's going on in the talk shop for the world's elite, and the idealists hope to be part of the conversation. british oxfam says extreme, well, has risen since the pandemic, but so has extreme poverty. we'll hear from them about their new report. also on our show portugal profits from pandemic era production shake ups, stepping into a shortfall from asia manufacturers. welcome to our show. have with us, extreme wealth and extreme poverty have grown simultaneously for the 1st time in the last 25 years. and that's according to aid organization, oxfam. it released its report survival of the richest at the opening of the world economic forum in davos, switzerland, today. or the report shows that globally around 830000000 people are facing hunger and starvation. that's nearly one in 10 people in the world. over the past 2 years, nearly 2 thirds of the $42.00 trillion dollars in newly created global wealth has

of next is stephen beardsley, where dw business looking at slowing growth in china and its impact all the world economy of again, you can get all the news and analysis around the clock at e. w called full us on twitter and all the other social media at dw news is the handle ad told me that both myself and the team, thanks for watching ah, with people in trucks injured when trying to flee the city center. more and more refugees are being turned away and the water families, please see the reason for the credit is with people seeing extreme ross getting 200 people from the june around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, i'm steven beardsley in berlin. here's a look at our top stories. china posts its worst annual growth in nearly half a century. we'll look at what it means for a global economy that's largely built around the asian power big drop in profits for some big investment banks in the u. s. as businesses pull back from well, big moves will go to our corresponde

our reporter stephen beardsley spoke to the croatian finance minister, mako primrose in zagreb, minister primrose. thank you for joining us. today. marks the 1st full day the businesses are open fully. they're using the euro now they should be giving back change in euro up. you've overseen this implementation. how do you expect the introduction of the euro to really have an effect on ungracious economy? thank you very much. first of all for inviting me. well, the benefits will be multiple of 1st of all, i would stress the importance of eliminating the currency risk of primarily from the public. that portfolio, since more than 70 percent of our republic that was euro denominated. so with the reduction or elimination of this currency risk, ah, we will be also more attractive. and we have also witnessed the benefits in terms of the credit ratings. whichever significantly increased. so the 3 relevant rating agencies, moody standard and poors, and feature ratings have already in july increased the crate rating of crecia, which is now historically high. ah, also with the accession to the europ

oh, all right, you are up to date. tito view business is up next with stephen beardsley and don't forget you can get more news and analysis on our website on d w dot com or you can follow us on our social media cats. i'm problem fo lillius for me. i'm the team here. berlin, thanks for watching. take care. i'll see again with these places in europe for smashing the wreckers stepped into a bold adventure. it's the treasure map for modern globetrotters discover. some of you.

of next is stephen beardsley, where dw business looking at slowing growth in china and its impact on the wealth economy of again, you can get all the news and analysis around the clock at the dummy dot com full us on twitter and all the other social media at the dublin is, is the handle until the aladdin, both myself and the team. thank for watching. ah people in trucks injured when trying to flee the city center. more and more refugees are being turned away. warner families played on attack the syrian to the credit on wheeler than this traitor. people fleeing screen around.

oh, all right, you are up to date, tito, you business is up next with stephen beardsley and don't forget you can get more news and analysis on our website. d, w dot com. and you can follow us on our social media cats. i'm problem police for me on the team here. berlin, thanks for watching. take care. i'll see again, next year with these places in europe or smashing the records. stepped into a bold adventure. it's the treasure map for modern globetrotters discover some of you are record breaking sites on your back, youtube and now also in book form that i wish i could've done more the same. you discover stories that just click away. find out best documentary on youtube or anything like this morning. see the world as we've never seen it before. describe now t d w documentary. ah, i'm steven beardsley in berlin. here's a look at our top stories, crypto lender genesis files for insolvency in the wake of the f t. x collapse. we'll look at the company with almost $3000000000.00 in active loans. agricultural ministers gather in berlin to talk about the food prices affecting their countries . we

border formalities between croatia and slovenia were officially abolished and we can now speak to stephen beardsley from dw business who joins us from korea, shes capital zagreb stephen. good to see you. so a real milestone for croatia i how is the public reacted to it? well, marianna is safely historic day for croatia, as you mentioned, becomes the 20th country to join this currency union and only the 2nd from the former yugoslavia following its neighbour slovenia. or there's a lot of excitement and apprehension here were standing in front of the central bank and. 2 they put up a number of projections here about new currency, which people have in stopping at. they've been talking, they've been taking pictures of this is something that banks and businesses here have been preparing for for quite some time. and there is a 14 day period down which people can pay with both currencies, but they will only receive the euro. at the same time, you can tell the cashiers are already having trouble with some of the exchange rates. when rit waitress told me that actually she just kept giving back money and corn

ah, stephen beardsley, how's your business update in just people and trucks injured when trying to flee the city center more and more refugees are being turned away. order families played on taxes to lease credit owners with his traitors. people extreme and 200 people around the world. more than 300000000 people are seeking us because no one should have to flee. make up your own mind. double you made for mines. ah, ah, i'm steven beardsley in berlin. here's a look at our top stories, crypto lender genesis files for insolvency in the wake of the f t x collapse. we'll look at the company with almost $3000000000.00 in active loans. agricultural ministers gather in berlin to talk about the food prices affecting their countries . we'll hear from a minister out of the united arab emirates also on our show, davos flies, the l g b t q flag, or a company is ready to move beyond symbols and make their workplaces safer. off into our shop crypto currency lender genesis has filed for bankruptcy in the us. it's the latest to fall after a state of 3 shake out in the digital asset market and the collap

ah, stephen beardsley, how's your business update in just to park people and trucks injured when trying to flee the city center more and more refugees are being turned away. families played on taxes to lease credit. as we learned, demonstrated.

all right, you are up to date dw business with stephen beardsley is up next a don't forget he can get more news on analysis on our website. that's d w dot com, and you can also follow us on our social media accounts on pablo photo and yes for me on the team here. berlin, thanks for watching. take care. i'll see you again. the top, the next term with ah, what people have to say matters to us. m. that's why we listen to their stories. reporter every weekend on d w days. it's avalanche. are my welcome to my podcast. love matters that i and by the lever teeth, influences and experts to talk about all playing loved effect from day to day. nothing less of all these things and more and then you just leave them off the plot . come, make sure to tune and wherever you get your pot path and join the conversation, because you know it who love mattered. mm. ah ah, ah, i'm steven beardsley in berlin. here's a look at our top stories, crypto lender genesis files for insolvency in the wake of the f t x collapse. we'll look at the company with almost $3000000000.00 in active loans. agricultural minist

oh, i'm stephen beardsley in berlin. here's a look at our top stories. china posts, it's worst annual growth in nearly half a century. we look at what it means for a global economy that's largely built around the asian power. big drop in profits for some big investment banks. the u. s. as businesses pull back from well, big moves will go to our correspondent in new york. what of the show it's could have you with us. the china has reported its economy grew by a mere 3.3 percent in 2022. that's far below the more than 5 percent growth at beijing had targeted the countries harsh coven restrictions which locked down entire cities, as well as troubles. it's real estate market muffled, domestic consumption during the year, and limited production and exports. also on tuesday, beijing revealed its 1st population decline in 6 decades signaling the countries demographic shift. western businesses have been watching china's communist party take on a more central role in the running of the economy in recent years. measure such as the

business news is a faxed with my colleague, stephen beardsley. and i was looking at those big lay offs at microsoft. don't forget, you can get more news and analysis on our website at dw dot com. and don't forget to follow up on our social media. our handle, there is date of new news. i'm pablo photo earliest for me and the team here. brandon, thanks for watching. take care a make sure to watch. think of youth with india, a land of contrasts of ambitions of inequality. 75 years ago mahatma gandhi peacefully led the country to independence. what has remained of his vision? where does the world so call to largest democracy stand? where is india headed? this is the moment to unleash on violet bars. gandhi's legacy starts january 28th on d, w. ah, microsoft joins the wave of tech companies cutting jobs. it points this offering demand for cloud computing. we'll look at how tech workers are coping with a series of lay offs from the sectors biggest companies. also on our show, german oil and gas firm winters hall day calls it quits and russia and forces

i'm stephen beardsley in berlin. here's the look at our top stories, crypto lender genesis files for insolvency in the wake of the f t x collapse. we look at the company with almost $3000000000.00 in active loads. agricultural ministers gather in berlin to talk about the food prices of in their countries. we'll hear from a minister out of the united arab emirates, us when our show davos flies, the l g b t q flag. are companies ready to move beyond symbols and make their workplaces safer? for consortium crypto currency, lender genesis has filed for bankruptcy in the us. it's the latest to fall after state. we shake out in the digital asset market and the collapse of crypto exchange, f t x. janice global capital one of 3. genesis entities that apply for bankruptcy. protection on thursday froze customer withdrawals in november, days after f t x made its own insolvency filing genesis estimates. it has more than 100000 creditors or less guardians corta in new york for more dens. crypto lenders like genesis, were really ac