Transcripts For DW Business 20240713 : comparemela.com

Transcripts For DW Business 20240713

A child should. Using all channels available to inspire people to take action and were determined to build something here for the next generation globally is the environment series of global 3000 on d w and all mine. A new heads at the European Central bank but is it just business as usual Christine Legarde has given her 1st official speech as he sees the president acela mittal is closing a steel plant in south africa thousands more names could be added to the countrys already overlong joblessness. And the v. Is for victory airbus has what it hopes is a winning idea to save fuel inspired by migrating birds. This is d. W. Business i am rob whats in berlin welcome along Christine Legarde has used her very 1st official speech as president of the European Central bank to put yet more pressure on wealthy euro zone countries to spend spend spend she told delegates in frankfurt that better targeted investment would be key to facing the regions challenges and urged them to create a greener more modern europe. A fresh face for the cameras but the message from Christine Lagarde was much the same as her predecessors it will be up to the eurozone members with the means to do it to help spend the region away from a possible recession. Investment is a particularly important part of the response to todays challenges because it is both todays demands and tomorrow supply. And of course investments need to be country specific. But there is to do crosscutting case for investment in a Common Future that is more productive more digital and certainly greener. Legard clearly sees the future of the continent as modernized and environmentally friendly. The heads of germanys 2 major Financial Institutions started banking commands bank watched as she also called on the e. U. To complete its Banking Union and this was an appearance by a brand new e. C. B. President pushing not for revolution thank you but progress. Now i just posted this one on social media over the past 24 hours a video has been doing the round that teslas long musk wont want to watch again as he was showing off his companys new futuristic cyber truck demonstration of its supposedly unbreakable window glass didnt go to plan just have a look at this. Out well now musk jokes that there was a that rooms referred truman at the pickets unusual angular form though through some cheers if not a little bemused. Well. Well lets speak now to our financial correspondent in new york youngs quarter said the size of a truck and that video how have they gone down on markets. Well at least so far on wall street no takers the stock actually has done pretty well in the past couple of months toying around with an all time high but now on friday this stock was down by a good 6 percent the main reason not necessarily the broken windows even if it also costs that are some laughter down here on the floor on wall street but its more the overall design and some skepticism is a must so the head of tesla might be working on too many projects at the same time were still waiting for a new as youll be in hitting the market next year but on the other side maybe the reaction was also a bit overblown because we shouldnt forget this cyber truck is not going to hit the markets before 2 years old so there is still some time but at least for now no real takers see on wall street and when it does eventually hit the market say it will be tessas 1st foray into the markets now cant understate how big a market that is in the u. S. Calmly. Especially if you look at the profits if you look at Market Leader for ford for example theyre selling or about 2 thirds of their cars theyre selling here in the United States are big trucks but they make a good 70 percent of overall profits in the region seoul just just shows how a look or 2 if the market is but if you look at the pick up market overall tesla isnt the only Company Playing around with electric trucks you also will have models from ford and General Motors coming out in the next 2 years so tesla wont be the Single Player when it comes to electric trucks but overall its a very lucrative part of the overall car industry here in the United States and by the way this mishap of tesla and also some skepticism about the design did help the stock prices of the current leaders when it comes to pick up trucks of the stocks of General Motors and ford traded tire by a good 2 percent here in the friday session so that smash was good for someone thank you very much she ends quarter correspondent in new york now this week global steel giant os elemental announced it would begin shutting down its cell donna steel plant in south africa it could put thousands out of work at the site and in the local supply chain all in a country where overall joblessness is at 29 percent and more than half of young people are unemployed. The clamor of Steel Production will soon die away at the saldana steel plant 170 kilometers northwest of capetown its. The Worlds Largest steel producer and the largest on the african continent. Says business is languishing in south africa and is out to cut costs threatening thousands of jobs sadhana plants workers fear for their livelihoods. And many others also stand to lose. It so that it still closes doubt this will make it to flee a feat our business we were to treat 100 people and this will have a big effect on the Small Businesses the schools all the operations in the west Coast Community we cant. Be close we dont accept it we cant really take the clothes off salt honesty we need to retrain smith and we are saying come up with. A 3rd of south africas population is aged between 18 and 34 and they need jobs need to build their futures when plants like sadhana shut down it can blight not just the region but an entire generation. Next up i. B. M. Has been testing the mental net all of its ai robots by getting want to debate against itself indeed kristie just setting up this University One of i. B. M. s computers argued for and against the statement Artificial Intelligence will do more harm than good his the computer arguing against its own existence tax and not be able to make a decision is the morally correct one because morality is unique to humans. You know after hearing the robot to give both sides the audience both said that ai was not doing more harm than good which is excellent news for the computer at least. From. Now much is made of the challenges facing car makers as they develop their electric vehicles well those challenges are being faced on water as well as land the latest in Battery Powered was among the many cutting edge vessels at this years boating fun show and belin. Its like having a race car on the water and yes the boat is inspired by porsche but its not only the design the handcrafted hemi speedster thats a top speed of 70 kilometers an hour and its all yours for a whopping 120000 euros we are particularly looking for clients which where they want also and unique boat which is sulfur you dont see every top and not only small and sporty is represented here theres also the being in luxury yes this yacht is almost 14 metres long it will set you back more than half a 1000000 euros if he did not take this. Many actually use it because they have sold their house then bought a small apartment as a retreat and spend the rest of the year on the boat thats the seattles overboard thing if diesel and gasoline powered boats are too loud and dirty youre in the right place under normal weather conditions and cruising speed the electrocute 30 can travel 150 kilometers without recharging with electric boats today though you have to choose between range and speed but i just didnt mention the fate. I think people would like to have a more quiet drive but the boat Battery Technology is always behind the automotive Battery Technology the boat market for electric motors is so small that only a few Battery Manufacturers will develop their own resources. To source and we have the most environmentally friendly vessels are the sailboats anyway they are picking up tailwind in berlin these days. Now as winter draws nearer many of us in countries a bit closer to the poles can see huge flocks of geese making their way to warmer climes they undertake flights of many hundreds of kilometers and one of the ways they save energy is to fly in their familiar v. Formation which you probably see well european playmaker airbus has taken some inspiration from that and aims to save fuel with its own fellow fly project. The principle is called biomimicry nature inspired solutions for environmental improvements. As unveiled fellow fly a project that could boost the Environmental Performance of commercial aircraft and make a Significant Impact on emissions reduction for the aviation industry. This reshaped model applied to aeronautics a low substantial gains we expect fuel consumption reductions of 5 to 10 percent on transatlantic operations. The concept means planes will need to be flown with extreme accuracy a solution that airbus is working on involves pilot assistance functions to ensure a following plane remain safely positioned in the updraft of the aircraft in front just to hold the same distance at a steady Altitude Software solutions for that ready and when they are the procedure will of course need regulating so itll be quite a few years before we see v. Shaped formations of airliners crisscrossing the skies. From us. Strong opinions clear position on the International Perspective so. Its time to stop talking about africa and start with that chancellor merkel she is calling on German Companies to invest more there but do firms have enough trust to take the leap economic upswing in africa really probably. The 1st 60 minutes on the c. W. What secrets lie behind. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. W World Heritage 360 get the maps now. Every journey begins with the 1st step and every language the 1st word im going to call the coax in germany. Why not come with him and find out. To suss it simple mind on your mobile and free. Music you learning course speak german made easy. Its all happening. Pretty. Sure linked to from africa and the world. Your link to assumption in stories and discussions here no one will come to you to do such a Clean Program a night from born in germany from one years of easy town while website d w it comes to africa join us on facebook t w africa. This is news africa coming up in the next 15 minutes carol with use is shooting up in south africa a new study has found its wreaking havoc in communities across the country all the police making the problem worse. At a beauty contest in ivory coast that hit natural hey that is how black women where being dividing their

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