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Transcripts For DW Business 20240713

A lead role like youve never seen before. Because of the mere 7 year of it to the ends justify the means. Putins witnesses starts december 13th on g. W. The Trump Administration succeeds in reducing the trade deficit french figures show the u. S. Is importing and exporting some of the trade war with china but it could be a bad sign for the economy. Also on the show after some serious shortcomings and if you use money off Money Laundering efforts like the block now stall an e. U. Wide regulatory authority. And online stickers can become big business in china but the government is not always sharing in the fun. Stuff. Business on the w m how you gonna get us welcome to the program the u. S. Trade deficit drops to its lowest level in nearly one and a half years in october according to the Commerce Department a trade bill fell 7. 6 percent to 47200000000. 00 as both imports and exports declined this could be a direct consequence of Donald Trumps america 1st policy which has seen several ta

Transcripts For DW Business 20240713

Saudi aramco has completed the biggest share sale of all time its much awaited i. P. O. Raise 25600000000. 00 for just 1. 5 percent of the saudi oil producer is the company at a total of 1. 00 trillion dollars its short of crown Prince Mohammed bin salmonds target of 2 trillion but nevertheless confirms the ranko as the most valuable company in the world. Mainly relied on domestic and regional investors after there was limited interest from further afield. On that lets bring in ashutosh pun day we can understand bit more about this so 25600000000. 00 seems like an enormous amount of money is it in this context. Well not really if you as the saudi prince here remember he was definitely expecting to raise 100000000000. 00 from this offering now is just a quarter of that and evaluation as you mentioned 2 trillion dollars its 1. 7 trillion so definitely he would be a very happy man but if you asked the Global Traders they would say that its over prized they are betting the valuation any an

Transcripts For DW Business 20240713

Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cost doesnt only go to financing to saudi face it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for society says or through no one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from topps but no one knows with any certainty had the companys structured end run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables crown Prince Mohammed bin simon wants to reduce his

Transcripts For DW Business 20240713

Left many analysts skeptical. Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year because creative cost doesnt only go to financing to saudi state it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for society says or through no one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from around coast tops but no one knows with any certainty had the company is structured and run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables crown

Transcripts For DW Business 20240713

Suppose was more appropriate for girls than writing advice and knowledge i want to meet challenged woman back home who are bones about their duties and social norms and inform them about deadbeats and rights my name is the amount of people and they were more intimate. Opec debates and other big Production Cut what could it mean for africas Biggest Oil Producer nigeria and how could saudi aramco upcoming i. P. O. Get the oil markets will take a look at both. Also on the show the latest in Drone Technology is on display in amsterdam but in a rising industry deal with regulation and growing security fears. Im Stephen Beardsley in berlin thanks for joining us. Opec organ the organization of the Petroleum Exporting countries and its allies are moving closer to one of the deepest output cuts in this decade and the group is meeting in vienna to discuss an additional cut of 500000 barrels a day that on top of the current cuts of 1200000 barrels daily the aim is to support crude prices in medic

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