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Transcripts For DW Business 20240713

Villagers living upstream from a new dam project. This is your Business Report im Stephen Beers its good to have you with us markets in europe and asia are down as investors response of mounting tension in the middle east a sell off comes amid the continuing fallout from the killing of irans top military commander qassam solo monny in a u. S. Drone strike on friday. Worries about potential conflict in the region have pushed oil prices even higher after fridays gains this time more than 2 percent up thats a big concern for asian markets which rely heavily on the middle east for their supply but it hasnt all been doom and gloom news that washington in beijing my son a trade deal next week since shares in china up. And lets check in now with our financial correspondent in frankfurt Chelsea Delaney and chelsea how is the outlook there in frankfurt. These tensions are certainly driving markets today that docks opened about one percent lower thats really steep and throughout the day its down

Transcripts For DW DW News 20240713

A change in the where the bring some relief but authorities are warning that the danger of moving files could increase later this week. Just to stop for the Golden Globes hollywoods best and brightest at the red carpet we have the windows from one of tinsel towns biggest nights. I dont welcome a moment that she my good to have you with us. U. S. President donald trump is valid to impose severe sanctions in iraq if it expands u. S. Troops deployed in the country dances tensions increase over the targeted killing of irans top general by a u. S. Drone strike in baghdad on friday in tehran irans leaders of health Funeral Services for general custom silliman and others killed in the strike. Weeping over the remains of irans top military commander. The Supreme Leader ayatollah ali how money visibly moved as he leads funeral prayers for his former close ally. Hundreds of thousands of mourners gathered to pay their respects to general kasem salim money killed in a u. S. Drone strike in iraq on

Transcripts For DW Business 20240713

The tape for personally. With a little wonderful people and still make the dream so special. That all true for all those much. More than football on line. As tensions between the u. S. And iran keeps escalating investors continue to worry driving up the price of gold with the highest in 7 years markets stopped in asia and europe but seems to be rebounding on wall street so is this a passing storm or about omen for the trading year of 2028. Also coming up netflix may not have swept the Golden Globes. But its still a Game Changing force for the movie industry a look at what that could mean for a theater near you. When there was a growing thirst for water threatens to wash out villagers living upstream from the new down project. This is the w. Business im joined now on a fresh rating week hasnt brought any new optimism with it persistent fears of a military clash between the United States and iran have caused oil prices to surge and stocks to tumble ukrainians have taken to the streets to

Transcripts For DW Business 20240713

Frankfurt. Investors are certainly rattles here in frankfurt but also as you mention globally by what happened over the weekend and particularly the escalating dialogue and threats of retribution from both sides i hear in germany the docks is down about 1. 4 per cent thats adding to a loss of about 1. 3 per cent on friday of the euro stocks a broader index of european stocks is also down to 0. 8 percent one of the key things investors are going to be watching is really going to be the oil prices one of the concerns is that this could lead to a disruption in oil supply like we saw in september play out in the Airline Sector here in europe which obviously is a big consumer of jet fuel and fuel. Of tons of the German Airline its 2 percent and ryanair. And air france are all down about 3 percent so i think investors are going to sort of wait and see what else happens what the next steps will be from both sides but they do seem to be sort of preparing for more uncertainty josue than you thi

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