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tv   Business - News  Deutsche Welle  December 29, 2021 7:15am-7:31am CET

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i'm a change as the world worries together over shared ecosystems, such as the arctic. the concerns of environmentalists and military strategist may finally be converging. but there's a long way to go, and scientists warn the time we have to get there is already almost up. you're watching d w. news coming up next is your business news a mike? look who invalid from me in the news team here. thanks for watching. take care. we'll see you at the top of the next hour. thank god sh her again that i want. that's hard, and in the end this i'm me, you're not locked up to you anymore. we will send you back. are you familiar with
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this with the smudges with lions, the what's your story. ready he wasn't, i was women, especially victims of vine and seen a lot of take part and send us your story. we are trying always to understand this new culture. so you are not the visitor, not the guests. you want to become a citizen in full migrants, your platform for reliable information. ah, the stock markets are in up beat mode as the year draws to a close while investors are monitoring the on the chron corona virus variance. there is a sense the impact might not be as serious as one severed. we'll get the view from wall street. germans are looking elsewhere for their new year. pyrotechnics as
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authorities again banned the sale of fireworks. some are even heading to denmark as supply chain woes named spain is urging more women to keep on truckin. hi, i'm pablo lillius and here's your business update. us stock market open stronger on tuesday on optimism that the i'm a chron. corona virus variant will not derail the global economic recovery. stocks came off a bit, as traders closed their positions for 2021. and there are lingering concerns about i'm a, kron driven traveler disruptions and store closures. but markets are surfing a holiday week, wave boosted by softer rules on corona, virus infections that should offer help for staff challenged businesses will james sweeney has more from the new york stock exchange. hi james. good to see. stocks are edging higher as we approach the end of the year to the markets feel
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that our micron is less of a threat than previously thought. well, i can't really speak on behalf of all of the markets. what evidence would suggest that to be the case is omen crohn less of a threat to the markets? yes, it has been here. the u. s. at least we went from being told to be in fear of a deadly 3rd variance a well, it's more contagious or contagious than delta, but not as deadly to the cdc here, recommending 10 day quarantines for breakthrough cases and our recommending 5 just yesterday we've had hundreds of celebrities, athletes, traitors who on wall street, they've gotten it. they're back on camera, they're back playing sports thousands across the world. have it right here in new york city. there's thousands lining up. they're just being safe. they're being cautious and trying to prevent the sped. but is oma cron less of a threat for the most part here in the united states. it is. now you do have companies like apple here in new york city that announced that it won't let any shoppers physically inside the store regardless of vaccination status. but then you have a study like today from south africa that said that the omicron infection appears
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to protect against the built the variant and could displace it. and that's not from my words that's from the africa health research institute. so with all of these mixed messages and all of these mixed headlines, yes, omar crohn fears here in the u. s. are less of a threat than previous lot thought and are pushing the markets higher. and also all you have to do was look at the holiday numbers from yesterday and realize people are still out there shopping. all right, well james, you're basically just said that i said it's not looking as seriously as previously thought. so this is obviously playing huge factor in the situation there. yes, it definitely is. that's definitely playing a huge factor. the santa claus rally was in full effect starting yesterday of 300.350 points. the markets are up today and again restrictions they happen to be all. busy over the place here in the u. s. and it's led to a lot of confusion, and that's been since day one. and regarding the confusion with cobit roles of the markets, are taking that in. and they're trying their best to consider like how can you take this threat seriously, if they don't even know what the threat actually is that they don't know what the rules actually are to prevent this threat. and that's the real. that's the real
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concern here. we have companies, again like apple that are not living inside the store, but then you have airliners that are saying, gillis, 5 days we're pretty bright attendance. seems like there's a lot going on. james sweeney in new york. thank you for that. we're like much of the world. europe is seeing a shortage of truck drivers. it's causing quite the pinch in supply chains across the continent. in spain. the government is looking at ways to recruit more people into the profession, especially from traditionally under represented groups. this is far from begonia or manette is 1st time getting behind the wheel. the mother and grandmother has been a truck driver for the last 26 years. i guess it's true that we hear the phrase, you don't look like a trucker a lot. it happens to many of us and why don't i look like a trucker?
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what must i look like? it's just that you're so tiny, so skinny. i don't need to be tall and fat. they're still a stereotype of the truck or woman's physique. i don't know why we all have to be very bush, very manly. we buddy much, what we'll do. a recent estimate shows. europe is missing, 400000 drivers needed to deliver goods. spain, meanwhile, is missing tens of thousands of drivers alone. guy with a miracle, there are fewer and fewer truck drivers and this is just the tip of the iceberg. there are 10015000 or 20000 truck drivers missing in spain. that's nothing. now, in 10 or 12 years there will be more missing because if the average age of a truck driver in spain today is 50 or 52 years in 10 years, there will be none because there is no generational replacement. they are not making it easier for new people to enter the workforce. many people are invested in getting out ahead of this problem and making the often lonely and difficult job more attractive. a driver's union recently won
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a battle with the government and drivers will no longer be required to load or unload their trucks. the government is also looking at ways to attract not only more women, but more young people. both groups are under represented in the industry, but as more drivers retire every year, this fast moving problem has no speed bumps in sight. or the pandemic has brought tough times for the global fashion industry. consumers confined to their home spend less money on clothes, on, shuttered shops couldn't sell them anyway. fashion designers have also been struggling with lucrative showcases often being canceled. we met one such designer in india. videos from 2019, bring back fond memories for a fashion designer, booming cheda. she was at the top of her game back then with models at india fashion. we can, ma'am, by before the pandemic business was booming.
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people who are not paid for me. i know that i believe that it is not that invention, not the baby. ah, but they want to but it just that the times that difficult. so i from my had again unity every for them that if their businesses are good, if they do good. ah, if they come out of the situation quicker and foster, i think even i'll be in a better position. and then my money can be to leave. the pandemic drove the tourists away to on the street and mom by fashion stores of clothes down in droves . veronica shadow also had to close her store everybody, one after the other has closed down their business. oh yeah. and this it ordered was one of i shouldn't have had begun renewed as a days, but giving up is not her style. she could no longer afford her old design and sewing workshop, so she moved her business to a much smaller location. less than 10 of her 45 sewing machines remain in operation
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. and she was only able to keep a handful of employees. you know, jesse and jessica, this is i will i me come got the will. the impact on work has been too much. earlier we had a very big staff. we had 110 or 111 people working that way, but i'll be watching somebody now. that's not the situation right now. we only of 8 to 10 people working here as we don't have as much work as before. it's like having no work at all relative like ami made us of leg work. come cut the me, which will graduate fabrics and patterns fill the store rooms. before the pandemic, the workshop was a roomy, 400 square meters. now the boss can barely find a seat through all my of i will plan is and so no, i'm not going to shut it. okay. so slowly, gradually,
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oh, earlier than i used to make for myself, my own brand, and i used to explore dinner. that transition has been to sustain, incentivize, i'm making other, but i'm sort of him now producing for them i design and make sample for the brand. on which they give the order these days boomy, conchita only gets to designed late at night, in one of her shops which she's converted into a grocery store. another step in her crisis management plan. usually new year's eve, here in germany, is a noisy and colorful affair. because of all the fireworks going off, but this year german authorities have again decided to bind the sale of fireworks. so germans are crossing the border into neighboring denmark to buy rockets and banners. for years. even berlin typically goes off with
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a bang. but the 201920 to curve. it was different in a suburban street in the midst of crowds of revelers. a huge explosion from a home made bomb. hundreds of thousands of euros of damage. scores of people injured for berlin's authorities. it was the cracker that broke the camel's back. then, with the onset of the pandemic, authorities feared the usual stream of wounded would overwhelm hospitals, already groaning under the load of covered cases. and national ban was put in place . but germans just want to have fun via plus and get as event despite everything we want to celebrate the new year. last year it couldn't happen. therefore, we are happy that it's possible this year in germany, we're not allowed to buy fire crackers, but we are allowed to set them off. fuck them up, then decide. so many germans are making a pilgrimage across the bordering to denmark,
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to buy their fireworks. ha humble. they come from hamburg, hanover blame and rust stock, dusseldorf, purveyors of pyrotechnics had been worried about their economic plight as denmark prepares for a more subdued and new year's celebration than usual. but now, business is booming. your height that may german customers have helped safe does it . so that's been nice. hemmings in estimates that this year german customers account for 65 percent of the shops turn over. so it looks like, even though the brandenburg gate party is strictly no spectators, nightclubs will be closed and all indoor venues will be off limits to the on vexed . germans will still be able to make some noise to welcome in the new year. here's a reminder of the tough business story we're following for you. this. our stock markets are in a feat mode as the year draws for close investors sense the impact of the i'm a crohn corona virus variant might not be as serious as previously feared
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on pablo foliage in berlin for more business needs, check out our website, d, w, dot com, ford slash business and were also on d t w news and youtube channel. and you can find us on facebook as dw topics until next time. take care. ah ah. how to eat without feeling guilty about the impact on the planet or according to german food. pioneers is possible. they are creating environmentally friendly alternatives for popular foods in the kitchen. and the laboratory. is this
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the solution to a growing global population? global 3000. next thought, d w tax hikes for millionaires. 1000000 is demanding just that her wealth could help others, especially during the pandemic. but that doesn't mean that the rest of the super rich are ready to pay us. there are different views as to who should profit the most from their money. germany wealthy elite after corona close up in 60 minutes on d, w. o. o long does a year and eternity
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time. it can be measured precisely and did every it differently as if there are different forms of time. time. ah, the phenomenon a dimension. if we know we won't live forever, an illusion. about time presenting futures past starts december 31st on d w. ah . ah ah, welcome to global 3000 this week we had to the rain forests of cameroon, home to some.


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