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tv   Business - News  Deutsche Welle  May 28, 2022 1:15am-1:31am CEST

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moscow is pressing ahead with inoffensive aimed at securing controlled the industrial hub authorities of state at this hour after a short break, rob watts will be back with the business headlines. so she can for that. if you do want more news and analysis before, then you can find that on d w dot com or check us out on social media at that instagram and twitter at the unit. i'm the richardson in berlin. me in the team here. thank you so much for watching. or asia and lovers guide by boy brady, asian cities. 5 a local artist. in the unique experience of their craft,
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i joined us for exclusive master classes. done about i need to do or asia starts june 1st on d, w. o, stay informed to live and on demand, comcast and language courses with video and audio. any time anywhere. the d w media center. ah ah, is the u. s. inflation nightmare coming to an end? the latest figures show prices are still going up, but nowhere near the same pace as earlier in the year we'll cross to our correspondence to new york does face the answer to world hunger here. how
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data from all that is helping to keep track of crop shortages and disastrous departures. we report on the staffing problems amsterdam ship all air force. the getting holiday make is a hellish start. this is data we business on robots in berlin. welcome to the program, and we begin in the united states where there's hope that inflation is coming under control. during april prices rose at a much less severe pace than seen in recent months. the personal consumption expenditures price index edged up by not point 2 percent. that's the smallest gain in 18 months that can pass with a not point 9 percent rise in march is seen as the key measure of inflation in the states, but economists are warning. it's not yet time for the federal reserve to breathe a sigh of relief. less cost to our financial correspondent in new york. gm's culture and discuss this further. yeah. and what's behind the slow down in
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inflation? i mean, clearly a rope. it is true early to celebrate, but at least inflation is pointing at the right direction south. but so meaning downwards are we shouldn't forget that for the month of march, we actually saw the biggest increase in this inflation a measure since 1980 a to so in 40 years. so at least we're coming down a little bit from that level of having that set those inflation measures are still way higher than where they were before the pandemic started. but it is definitely a little bit of a welcome use. we have to wait and see if there's a speaker inflation recently. for example, we did see that the price of gas in the united states has been increasing again, but at least for one months we saw a little breather. jessica, a welcome news comes at the same time as some other positive news about the us economy. what more did we learn on friday about how things are going yeah,
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about the economy and especially about the very important consumer. because at the end of the day it's consumption. what drives the economy in the united states. so we got to figures of for a consumer spending up by point 9 percent and also a consumer income, some up point 4 percent. so what we're seeing was those numbers is that americans are spending despite inflation, but we also see that they're spending more than they make, meaning the savings rate actually is falling. we've seen the savings rate now being the lowest in about 40 and here is but overall it was a pretty good sign from the u. s. economy at this point. and we saw a shock reaction on wall street for the week actually. and all major indices are up by a good m 6 percent. and with that, we could stop multi week
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a losing streak and the s and p 500 had been down for 7 consecutive weeks. so we haven't seen anything like that in 2001, but at least for now. so we could not just see inflation going the right direction, but also the market recovering a bit from those d pluses in the past 2 months. and some reasons to be cheerful, heading into the weekend, thanks a lot in the quarter in new york for us. now we've reported a lot recently on the threats that the war and ukraine passes to weld food. supplies tons of crucial exports of crops like wheat are being blocked by russian blockades. while researchers are hoping that space to play apart and showing, there's enough fears to go around the european space agency is living planets. symposium is taking place in the german city of bonham. this weekend, technical solutions are needed to tackle world hunger and some of your greatest
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scientific minds. clearly on the job, it's not just ukrainian farmers that can see the state of their country's wheat fields. satellite scan to. it takes 6 days for the european space agencies, satellites, to map every field in the world. space information on our cli culture brings the transparency tour agriculture markets, helping them to avoid speculation in the market. the pricing of certain crop, a staples, such as wheat and mice. this is what the satellite data looks like on a computer. these are the fields east of key. if the high resolution images can show the state of vegetation and harvest. different filters help analyze the images . for example, the various stages of photosynthesis can be tracked, research institutions and private companies use this data. those features can tell
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us something on how good or how bad the plants are growing. what kind of plans are going on? those fields and also, and which management techniques, well not all of the agricultural management, but a lot of difficult amendment are being implicated on the field. we go evaluate the satellite information and combines it with other data from drones, for example, with it even individual ears of corn can be wanted. the data enables software and artificial intelligence to deliver more accurate harvest forecasts. the main interest for data like this is coming from governments and international organizations. but there are also private players that are interested a large, large agrifood industry, but also farmers themselves are interested in this kind of information. this year, ukraine's wheat harvest is expected to be just 2 thirds of its usual size. that's
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according to a french company which analyzes the satellite data. even though shortages cannot be avoided. this information can help to adjust them by the seo of the european space agency, joseph ash parker has been out the world economic forum meeting and doubles this week. our editor in chief, manuel casper claridge, spoke to him and asked him what he says, satellites could tell us about the state of the world's food supplies. the state is, sir, actually, i would say alarming in some countries, especially ukraine. now ukraine, of course, being known as her as the area where most of the wheat is being used for, for many other countries, not only for russia are not only for odd for the, for our other part of the planet. so yes sir, there we see of course a huge impact because many fields are not being prepared because they cannot be better because of the conflict that is ongoing. so yes, there we will miss. so a huge sure amount. so for of harvests which will not be coming and yes, we can,
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we can see that the question then of course is how can we identify other areas are in order to compensate for that under and, and work on this. and this is something that we use for dean li, since many decades already are in africa, for example, where we use our satellites to estimate the production of agricultural claudser in the country of certain copyright. and this is so actually one of the oldest applications or of earth observation are where in order to really determine the use or for the use of the satellite for who to kill it. you know, the common is ation of space seems to be gaming speed. now, what's your take on that? are what may take her. of course, this is something that happens globally. europe is a little bit behind this curve for because the commercialization goes much fast and us. we see it of course, through our space x and amazon and other go either i would say which people are who are investing it, but also many investors are in silicon valley, for example,
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are creating a completely new environment. and that's also happening in europe. and it's something that i also would like to do, because i would like to create an environment or in your help are where a small company is start up, sir, can develop businesses or those who new services, sir, new constellations, new activities, they are building up and yes, commercialization is a big topic also for me ahead of the european space agency years of asperger's speaking to tito. he is editor in chief manuel r casper. claret in. tell us that. now let's take a look at some of the other global business stories making the news. miss eighty's benz is recalling some 235000 cars in the us to fix a software problem. the glitch stems from a bug in the sim card software that could disable the emergency call system. it could be solved with a software update via mobile connection or at the dealership french feed group down and says it's sending an additional half a 1000000 packages of medical,
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great baby formula to the united states. u. s. is suffering a major shortage of breast. no substitute because of production and supply chain problems down and says the formula it's sending is suitable for babies with allergies to cows. and a court has ruled in favor of more than $1200.00 tie workers who produced large array of brands, including victoria's secrets, there received more than $8000000.00 after being laid off last year without receiving severance pay. it's the largest settlement related to wage that at a government factory. so the netherlands now and dutch airline k l m has suspended ticket sales for flights from amsterdam triple airport until monday . the world famous transport hub is struggling with staff shortages as global ad trouble bounces back from the debts of the pandemic. a lack of security staff in
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particular is causing a chaos in the departure holes. passengers afternoon during extremely long waits at amsterdam skip or airport. the waiting areas are overcrowded, and travelers are running out of patience. i mean, made me think of in the things going fairly smoothly in the netherlands. it always takes around 15 minutes, but then the line is gone. i don't know, i hear it takes hours a new like it did. we're going to taping. we were well prepared. we knew, but we didn't expect this. this surpasses everything we've been working all year and save money to go on vacations, and then you have to stand in line for 5 hours while your flight is about to leave . it's horrible as the placement skip will faces an acute shortage of security staff that's affecting passengers every day. not just during busy holiday periods. it's just one of many airport struggling to find staff after laid off workers were forced to look for other jobs. during the pandemic,
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newly hired employees have to be trained in an effort to prevent even greater chaos during the peak summer travel months. the airport is adding 500 new security staff . a 100 have already undergone training. that's all for me on the business team here in berlin, from all from us. remember you can always head over to our website to see do we dot com slash business. we're also on the date of in use youtube channel. i don't facebook as t w dots, this is from in that business team here. till next time, i kept making the headlines and what's behind them? dw news africa. the show that was the issues in the continent. life is slowly getting back to normal. yeah. wow. way on the streets to give you in the reports, on the inside,
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our corresponding with on the ground reporting from across the continent. all the trends doesn't matter to you. next to on d w. the vision of fully autonomous driving is closer to be realized thanks to a new technology by mercedes benz. the dr pilot is now an option for the u. s. class in the completely electric e q. s. and it's designed to take the pressure off of the driver, especially in traffic jam, and we took it for a span, read all in 60 minutes on d, w. o.
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listen carefully. don't know how you live to do go. ah, feel the magic discover the world around you? ah . subscribe to d w documentary on youtube. this is dede albini as africa coming up on the program, amplifying africa's voice in the climate debate. as forces of nature hits the continent, the hardest billionaire business man mo, abraham calls for africans to have a great a say in how the world responds.


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