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tv   Business - News  Deutsche Welle  February 2, 2022 11:15am-11:31am CET

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i want to put more boyd. okay. so now there is a market for these exotic animals in columbia, and they lack natural enemies. that's why this is the largest tape population outside of africa, where they are indigenous we just have time for a reminder of our top story. russian president vladimir putin has accused the west of ignore and moscow's concerns about regional security. after the u. s. a nato responded to demands of the ukraine crisis. the u. s. in russia have resume talks with a phone call between secretary of state lincoln and foreign minister lever without a breakthrough. veto you business with chris kolber is up next, stated people in trucks injured when trying to flee the city center more and more refugees are
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being turned away at the border. families place on the tax in the region for these credit owners with people lean, extreme ross getting $200.00 people in june around the world. more than 300000000 people are seeking refuge as to why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, to raise or not to raise output, that is the question the world's top oil producing nations aim to answer
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a mid surging demand at prices. we'll have live analysis of the meeting of opec plus members also coming up the use top court is to decide today whether the blocks made gas supply or rush us gas problem has too much market power and will go to indonesia were some tech savvy entrepreneurs managed to connect people in financial need with willing donors with no strings attached. i'm chris kolber. welcome to the program. opec plus is meeting today and is widely expected to hold firm on its existing policies of modest oil output increases despite prices hitting their highest level since 2014 top consumers, such as the united states and india have pressured, the organisation of the petroleum exporting countries and his allies to pump much more of the fossil fuel to aid the global economic recovery, but several sources from the group responsible for producing over 40 percent of
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global oil supply plans to stick with previously greet increased. let's get more from the w is funny for char, in vienna, where opec is at quarter to funny demand is rising, our opec plus members going to increase output exactly not only to demand, but with that, of course, also all prices we are sitting, seeing the 7 year price hike, basically it's never been as, as a, as, as a high as 7 years ago right now. and the question really is what's going to happen today at the over plus meeting here in vienna. now, everything indicates toward the $400000.00 barrel per day increase, which is not really a significant increase. as you have just said, u, as in india, are pressuring open member countries to actually increase of that supply to help caution the facts from high energy prices. but it's unlikely to happen actually
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because a lot of factors indicate uncertainties on the global energy market. therefore, it's not really expected that there's going to be a significant increase. but when we look at this number $400000.00 barrels per day, it shouldn't be taken as a fact that this is actually the number that's going to be the actual increase that this target will be mad. as we have seen during previous months, 400000 per barrel per day was not achieved because simply the production problems among many countries, very simple problems like or pipeline problems that need to be fixed. our net a need to be managed, lack of investment among some open class countries. so different factors weighing in, even though it's decided today, most likely that there's going to be a moderate increase of oil. it's unclear, but at a target can also be met and funny. russia is a major or a producer, and a at the same time and tangled in tensions with ukraine experts or fearing an invasion of russia and ukraine. the west has reckoned or moscow with sanctions. how
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does this impact the talks today? it definitely plays a role in some way because we just heard over the weekend, the u. s. a threatening where the sanctions, if russia in weights ukraine. now what does that sanction actually entail that? is it going to entail that there is going to a ban of trade air for oil and gas that again, of course effects, ultimately oil prices? no, we are not that far yet, but certainly russia being one of the top uses of oil and gas, is playing a key factor when it comes to influencing to prices. simply the possibility that russia could itself use oil as a weapon and, and save you are not going to export to certain countries because of this entire situation that you just described. the geopolitical tensions between russia, ukraine, it's unclear, was going to happen. be obscene for the past few weeks,
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different rhetoric by a very stakeholders, what is going to be clear is something we will see this afternoon unfold in vienna . whether it's going to be more of a, more than just a moderate increase of supply, or whether everything is going to stay as it's been decided already. the last fall, last fall in 2021 for $100000.00 barrels per day, per month. that's it. b, w, it's funny for char in vienna. thank you. the european court of justice is expected to give its verdict on the business of russian gas company gas prom later today. a polish competitor had complained that the commission hadn't done enough to put antitrust measures in place against europe's main gas, a supplier, but isn't even realistic to try to rain in gas from, with almost half the continent depending on its deliveries. let's take a look. these pipes help keep europe warm under the sea and above ground,
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a russian pipeline supply the continent with a much needed guess and they're all operated by a single company gospel. the majority state owned enterprises, controls nearly all russian gas exports, making it a huge player on the european gas market. in schism. i'm to know who we are highly dependent on russian gas in are especially in those parts of the european union that almost exclusively acquired gas through russian pipelines even fast ellis, she says gas, us acquisition pipelines, gas from russian reserves has historically made up the biggest chunk of the european gas market in 2019 russia made up more than 41 percent of all gas imports to the e. u. while norwegian, in ports were only about 16 percent, followed by algerian, with 7.6 percent liquefied gas can be transported than tanks by c for example. but the majority of gas, which is not extracted domestically, arrives to europe through pipelines. the north west of europe is connected to
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norway, while algeria and libya supply the south, and the entire east of europe, with the exception of a line to us by john has russian gas from gas problem as a main source. this set up leave some regions dependent on a single importer and gas from has been using this to their advantage was gospel pursuits. what cas from has been trying to implement is a kind of price discrimination strategy in which different countries have different gas prices. where they controlled the market without competition, they take full advantage of their power. in other markets, for example, in north western europe, a competition from norway and to liquid gas approach, they charge less in order to prevent additional imports and be able to sell wars. that's that which was she importance? if i had none on didn't, i'm at now balloons there happened attempts by european leaders to unite for better prices. but due to a system dependent on gas and lack of available alternatives,
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there is little hope for europe to strengthen its bargaining power. and now to some of the other global business stories making headlines go, the parent company alphabet has announced a 20 to one stock split, meaning it's dividing, it's existing shares to increase their number dramatically decreasing. the price aim is to attract more retail investors. meanwhile, alphabets share price a sword and recent days. on the back of booming ad revenue, sony posted a 32 percent rise and operating profit for the for 3rd quarter to just over $4000000000.00 beating expectations. the japanese and chronics giant has benefited from the strong demand for its playstation 5 consoles, even as persistent chip shortages stymies outputs last year, germ breweries produced and sold less. the beer sales volumes fell by 2.2 percent to a point 5000000000 leaders. the lowest ever recorded as for them, closures took their toll. however,
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the overall trend is new during your sales have been falling by 24 percent. over the past 3 decades, indonesia may be south east asia, most vibrant economy, but the pandemic has left many of its people struggling financially. that prompted 5 young professionals from jakarta to combine their tech savvy with their sense of solidarity. they created the platform which connects users in need with those willing to offer a financial support to scrolling her instagram account marita poetry who had just lost her job in an advertising agency, discovered baggy data initiative that promised financial aid without red tape. for my son kung, actually i had no income other than selling breakfast time for me. um yeah, my husband used to work, but he was laid off too in the pandemic. even though so to feed the family, i tried to sign up for this platform baggy rata. to have at least some pines to
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keep my breakfast business going. my, my in wonder what you, i have by director is the wealth distribution platform. where the name reflects the aim. it translates to equal share because this is what lote andrea and felt was needed. most in the lockdown with 4 friends, the 29 year old designer founded the non profit organization baggy that, that it up from subsidiary baggy rata is a cross subsidy platform for the people who are affected by the pandemic. especially in formal workers who don't get government assistance or who don't get help from their employers or freelancer city yet. so the platform itself allows people who can help financially to be able to get in contact with people who need help or are in them. and in the same way with those people can say what they need. i think what they can do with glenn and monica more than 4000 people from all over
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in asia have already received money through bucky data. the founders have distributed around $90000.00 euros in donations. the key to success was that andrea took advantage of an existing digital infrastructure that had been built up in, in nisha, in recent years. he programmed back hirata as a direct transfer system where the money doesn't have to go through their hands. donors can directly send funds to beneficiaries through their e wallet. almost everybody here uses apps like oval go pay or donna and mobile phones are affordable. marita poetry no longer needs the platform, at least for now, for husband found a new job, and the 28 year old mother of 2 is now optimistic that the country's economy will recover to not as inspiring as this service is, it begs the question, why is it even necessary that the indonesian government fail to do enough to
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prevent people from slipping into financial distress during the pandemic. here is a correspondent, government has to be fair, but when it comes to the government, one has to say that it's facing huge challenges. if you look down an economy like indonesia that creates enormous problems and so the government has put out some stimulus packages. some packages are to deal with the health sector. in fact, for this year alone, 30 mill at 30000000000 euros have been earmarked for various projects. a lot of that will go into the health a sector. but there is some controversy now whether some of that money will is also a plant or to be used for the a moving of the capital of jakarta, a to a different island. and that is what some people are recheck because they say that the problems we we have right now are already been so big guild matters reporting from jakarta there. and finally, word all the free online word guessing game that has become a sudden sensation has
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a new home. the new york times company has purchased the application from its developer. josh, ward, all the game as a play on his name says the deal is for a lo 7 figure. amount layers have 6 attempts to guess the 5 letter word. they myrtle has a mass millions of daily users, since it's october release. some fans are not worried, they may have to pay to play. the times however, says it will keep the game free for now. that is and that is our show for the moment for more as usual. go ahead and check out our website at d. w dot com slash business. i'm co cobra amberlynn. thanks for watching. have yourself a successful day living without a home close to
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a 1000000 people in germany are homeless in even with the job or intention they can't afford a permanent place to staying. their fate is the result of a housing market policy that was doomed to fail. why isn't more being done to help clues on ah, next on d, w. these places in europe were smashing the wreckers stepped into a bold adventure. it's the treasure map for modern globetrotters. discover some of you, it's a record breaking sites on google maps you too. and now also in book form ah,
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i think i don't think anybody in our society should have to leave like the 2nd.


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