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tv   Business - News  Deutsche Welle  August 13, 2022 1:15am-1:31am CEST

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d, w dot com, you can also follow us on social media, on twitter and instagram. we're using at the w news. i'm all me at ease of thanks for joining us here today. with sh her i'm just kinda, i think that's hard and in the end is a me, you are not a lot as to you anymore. we will send you back. are you familiar with this? with the smudges were lions as of the what's your story. ready ready
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i'm, he was numbers women, especially a victims of vine and seen a lot of them take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information ah, the u. s. it says it's boosting trades with taiwan. as tensions with china continue to rise, the white house, as it's uh, it's support for the democratic lee run. island u. k. economy is shrinking as energy fails, rice out of control camper,
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wish households for to wait for new prime minister. i forget waiting for the bus. the question is, how long do we have to wait for flying taxes with the state of your business? and what in berlin, welcome to the program. the u. s. says it's countering what it caused chinese aggression by stepping up trade with ty, one paging band, some tie when he's imports and exports and has been carrying out military drills in the sea surrounding the island. since u. s. how speak and nancy pelosi is visit earlier. this month, the white house now says a new trading plan with tie one will be drawn up in the coming days. it also says the u. s. plaster reassert is right to use air space and c lames between taiwan and china, where beijing station, it's military in recent weeks. let's cross over to the united states and speak to our financial corresponds in new york young's quarter gens. just explain to us what
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sort of message the white house is trying to send to china with this. with a clear sign of 1st report for a taiwan, you have to see that the most exports from taiwan actually go to china about 45 percent of export. so just to get that in relation, so you have about 50 percent off export going to the united states that a good 6 and a half or 2 that be european union. so if there was some tension between a china and taiwan, the u. s. on one side will try to make up for maybe a mist exports or to china. and then on the other side, taiwan has also become more and more important for the united states, for example, or with receiving m semiconductors from that area. i mean, at this point we are still a bit shy and detailed so we will get of the details. so more precisely, in the next couple of days, how this new trade a deal or actually might look like between the united states in taiwan and on and
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not unrelated notes our so on friday, 5 chinese firms confirm that they're going to be de listing from the new york stock exchange, where you are just reminders of the background, sort of that no up over all. there is a lot rule brewing between the 2 biggest economy is on the planet between the united states and china and already for quite some time the united states. so security and exchange commissioner commission has threatened actually to deal with some fine. is companies of dawn follow are with us sir. transparency rules have been on the other side and china in all of those companies, are somewhat a government back there. do not want to fully open up their book. so there is this tension for quite some time. and now we have the next level, if you want to put it that way so that 5 chinese companies are going to do list or from us exchanges. ok, ends quarter in new york for us. thank you very much. and if you want to get an
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even better understanding of how the tensions over taiwan are affecting china, be sure to check out the latest d w business special. this week we've been tackling the question. can china afford a war with alexander girl act from the carnegie council? the ethics in international affairs, just head on over to the d. w. news. youtube channel that you tube dot com slash dw news, and find it out to take a look at some of the other business stories making the headlights russian gdp fell 4 percent in the 2nd quarter due to the effect of western sanctions. and is forecast for further the russian central bank expects a decline by at least 7 percent in the 3rd quarter. argentina central bank has raised its key interest rates to 69.5 percent. the largest hike in 3 years to move that signals an aggressive stance against surging inflation, which rose to 71 percent in july, the highest in 3 decades. zachary and billionaire lee j young has received
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a presidential pardon vice chairman of samsung group, was convicted of bribery and embezzlement in january of last year. after his justice ministry says lee and several other business tycoon were pardoned in order to help the country as the economy sauers. the latest figures show that the u. k. economy shrank in the 2nd quarter of this year by not point one percent. economists have now broadly come to the conclusion that britain is heading for a recession. these all worrying times for u. k. households for whom every day life getting more expensive. putting that kettle on is going to cost britton's a bit more this winter. that's because the country's cap on domestic energy prices is expected to rise to over $5000.00 euros a year beginning in january. conservative party candidates for britons next, prime minister, disagree on how to address what is bound to be
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a crisis for many families. front runner lives trust says she plans to alleviate financial strain by zeroing in on taxes. i will reduce taxes. and i'll also have a temporary moratorium on the green energy levy to save people money on their fuel bills. and what's important is that we get the economy growing, we can't get the economy growing. if we have the highest tax rates for 70 is in this country urgency with her rivalry, she soon act wants to offer britons another energy bill credit this winter. i do feel a moral responsibility as prime minister to go further and get extra help to people over the autumn, the winter to help them cope with what is going to be a really difficult time. regardless of their stances. officials of stressed a decision won't be made until the future prime minister takes office in september, leaving many families waiting, unsure of how they'll get through winter. or we can discuss the economic situation
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in the u. k. the moment further with danny houston from the british investment platform, a j bell is great. have you on the program, donnie? one of the big problems facing bridge at the moment is rising energy bills, isn't it? house of areas, the situation actually getting it's guessing incredibly difficult for households and we haven't seen anything just yet. the price cap rose in april and we're anticipating another rise in the price cap in october, taking an average annual energy bill to around $3500.00 pounds, which is a massive increase compared to what we've been used to paying you know, around 2000 pounds and we're expecting that that's only the tip of the iceberg with bill's expected to rise again in january. and all of that of course is having a knock on because consumers are scared. they're worried about how that budgets are going to stretch over the rest of the year. they're cutting back on everything from discretionary items to essentials. and that of course is impacting the economy.
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your households must be worried about this a looming rise if you know that the magnitude you just described. so what is the british government doing? trying to lay those fairs? well, the british government has already put a number of measures in place to try and help households. so there have been money given to people through cashback, which came back in may. there's been extra money for the most the households which are benefits. so those households that have the least amount of money coming in those which sound to be most affected by the rising cost in energy. and in addition to that, every household is going to get $400.00 pounds off their energy bill from october. but these measures were put in place when we thought that the energy price was going to go up by just over to just the 2000 pounds in october. now we're talking about, you know, 3500 pounds. it's significantly more because of the situation in ukraine,
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and of course, you know, the difficulty with gas prices which are affecting people right across europe as well. so there is now an awful lot of pressure on the government to do more. but at the moment, there is a bit of a vacuum in the british government because the prime minister that we have at the moment forest johnson is on his way out. and any new measures to put in place to help household through those winter months will have to be put in by the new prime minister, who will not win that vote until september the 5th. ok, danny houston from h i l in the u. k. thank you very much for bringing insurance. flying taxes have been talked up as the solution to many of the wells urban transport problems that quick reduce congestion and are comparatively environmentally friendly. but for all the hype in recent years, are still a long way off with the technology. yet to be perfect. this is
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atlas test center in spain. a very special aircraft is about to take off phoenix to the prototype of the flying taxi's of the future. that is developed under high pressure by german company. lilian. the startup is in competition with 100 other developers worldwide. all of which seek to be one step ahead in the approval process. yet if lucas go be that a no use, every flight is a new chapter. this week and if we say the test flying is like testing the boundaries next limiting civics and then the next and one also has to be ready. let's take a step back to get phoenix 2 flies unmanned and is remotely controlled. one by lit 6 passengers and a range of more than 200 kilometers. that's how these flying dikes is aimed to compete with cars and chains, especially in urban areas, is been into no, i'm an engineer. i understand the physics behind this aircraft is to you when i
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stand next to it, see it flying and i hear how quiet it is. and the way the whole team built it to operate safely. even for me, it's like a miracle. this looked like seizures from the time. another miracle william needs is to achieve the ambitious goal of making more than 5000000000 euros worth of seals in just a few years. daniel ligand has been heavily criticized due to these kinds of promises, but that hasn't damped v gans ambition. once a long twisting and miss, you are long term vision is that we want to make regional flights sustainable light, as well as making them accessible to as many people as possible. the prototype has successfully completed around 30 test flights in spain, and it's software is still being adjusted in the beginning, only particularly val declines would be able to travel by this kind of air taxi. but wiegand is not alone. independent traffic experts say the sky's the limit for more electric aircrafts boys to miracle. just it. just time for reminder,
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the top business story we're following for you this out of the u. s. says it's countering chinese aggression as it goes it by stepping up trade with taiwan beijing band. some tie when he's imports and exports and has been carrying out military drills in the seas. surrounding the island. white house now says a new trading plan with taiwan will be drawn up and becoming that's all for me on the business name here in berlin for won't you head over to our website? it's d d dot com slash business. and also, as i mentioned had i was of the d to we use youtube channel and check out our latest data when you business, especially with us on facebook to the next time. what's making the headlines and what's behind van d. w. news africa. they show the faculty issues have been the continent. life is slowly getting back to normal. yeah. we're on the streets to give you enough reports on the inside of our cars funds and was on the ground reporting from across
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the continent all the time. stuff, the mob to you next on d w. it looks like a suit case on wheels, but perhaps it's the electric car for the entire world. b a. c. m. city one. affordable, flexible, uncomplicated, developed in germany. usable, wherever there's a conventional household socket. plug and play red in 60 minutes on d w. ah, you become a criminal pre climb alia, already know, i come to take talk with them about hackers,
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paralyzing the tire societies. computers that out some are you and governments that go crazy for your data. we explain how these technologies work, how they can work in for, and that's how they can also go terribly. watch it now on youtube. oh, ah beth as dw news africa coming up on the program, nigeria has been battling insecurity for years, but it's getting worse. human rights watch says we sent up talks close out to nigeria, seats of government. i call cynthia on, on the side to get months. it's what's also increasing is kidnappings around so that 3 i did.


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