tv Business - News Deutsche Welle January 20, 2022 7:15am-7:31am CET
good gesture, fingernails painted for organizing this to make the point that we think the cultural sector should be open and museums in particular, a very safe places to visit. the way we've set this up is also according to the rules. there's plenty of social different thing. there's lots of space left the fresh air, and we think we just really don't understand why we're close. and beauty salon is open at this point. this concert had to eventually stop, but the barbara of seville would surely have been proud. ah, that's it. you're up to date for now. don't go away though. up next, the business news with chelsea, delaney and also there's a lot more news on our website. as you know, asked d w dot com and to follow us on instagram and twitter apps, dw news, i'm gather office with
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western powers threatened to freeze russia out of the global financial system. moscow could face tospeaking extinction if it invade ukraine will go to health. thank you for analysis and deep jump from bridges on to moving train carrying los a valuable packages. no, it's not an action movie, but the latest in a string of train loadings and the u. s. and small packages can leave the big problem. we'll look at how widespread use of sasha and se asia is harming the environment. this is w business. i'm chelsea delaney and berlin. welcome to the program. the u. s. and it's western allies are threatening to hit russia with severe economic consequences if it invades ukraine. they're hoping the prospect of further jazz damage to russia is already fragile economy will persuade moscow to back off. now keep potential sanction being considered would be to move russia from the international payment systems. swift. it's an essential tool used by banks all
all around the world to wire money to one another. now trillions of dollars are transferred vs with between over $200.00 countries and territories and $11000.00 financial institutions. here's how it works. now say a business in germany. once to wire money to an institution in russia, swift will coordinate the transaction transaction using an intermediary bank in the united states. now, if russia were to be kicked out of swift, it would limit its ability to receive payments from abroad and including 4 key exports like oil and gas. no. earlier i spoke to maria shanina. she's a visiting fellow at the finished institute of international affairs who has described cutting russia off from slipped as the nuclear option. i asked her, what would happen if russia does lose access to that system? technically swift can be replaced with alternative c have tell x rushes own and
turn it to be a fast. but all of this other turn it is to be slower, technically more cumbersome and it also be less secure. but the question whether swift is the nuclear option and whether you will be imposed is a, is a big question. because russia is the 2nd largest user of swift and europe is dependent on russia's hydrocarbons and those transactions are going through swift. so de plausibility that this option will be implemented is quite low. what other options are on the table for forcing russia to change course year likely that sanctions on the rushes, largest financial institutions will be placed. and yesterday, today we saw that the russian economy tumbled and that the capital outflow amounted
to $72000000000.00. it's a 40 percent increase in comparison. was the year of 2020. so international players already afraid of those sanctions that financial sector will be the 1st to be targeted. and the 2nd option that was floated is the introduction of expert controls on russia's defense and consumer industry. this is likely to be an option or that will work over the long run. it's unlikely that will trigger short effects in the short term, but this is something that both the you and us would be ready to implement. and finally, more stream to is this toxic pipeline that divides the countries divides washington and, but elaine, but this is another option that will be in the spotlight if russia decides to invade. well, yeah, you mentioned nordstrom to and we've heard from you politicians that they are a little more reluctant to put real pressure on russia. why are we seeing sort of
this divide and commitment between europe, the e u and the u. s, which seems more willing here, history is repeating itself in 2014. the u. s. was again in the drive in c, because it has less financial, less economic ties to russia. so naturally it's easy for the us to come was we be in the heartache in sanctions. you is much more dependent close to the type is really historically economically. so here self harm backfiring effect will take place and you countries some, you know, germany, other countries a less reluctant to bear this burden from sanctions. so here, because we're running out of light sanctions options the, the sanctions that lie ahead of us hard tape and sanctions and they will inevitably
. com, was burden sharing whether you it is ready to align with washington. that's a big question that as maria shanna of the fat finish institute of international affairs. thanks so much for joining us. now in los angeles, cargo trains carrying packages from retailers like amazon are being looted on and process that in its scale. last year alone, damages amounted to an estimated $5000000.00. and this year could be even worse. a fee of open boxes containing merchandise that has been left behind is causing a dangerous and expensive issue for retailers and rail operators. on tuesday, 17 train cars derailed, whether it was caused by the debris is under investigation, thieves or gaining access to the containers by jumping off bridges onto the moving trains. and removing plastic locks that are easy to break. they're looking for merchandise that can be re sold, like mobile devices, tv sets, tires and coven. 19 testing kits is lawlessness. and honestly,
we need to be tougher on a law and order out here at elk grove, in prices across all 50 states, mainly run on at le cuz you know, seniors, i've been with this company for years and i've never seen like this entire years. sources say the l. a police department does not respond to reports of a train robbery unless the real operator asks for assistance, which they say is rare. thieves who are caught are charged with a misdemeanor or petty crime and are released after paying a nominal fee. union pacific has asked the ella county's office to reconsider it's lenient policy for such offences. to combat the crime, the company is also strengthening its surveillance, using drones and other detection systems. williams court are chorus on it and new york joins us now. yet the seems to be part of a trends of increasingly breeze and retail fast in the us, what's behind meth?
yeah, it's a massive problem. and if you think back around the holiday season when we had the looting of the physical retail stores in the united states, and now we're talking about and train theft. so this is said definitely a huge problem. one of the reason specially also is the train tough, but also breaking into containers. those supply chain issues that we're having. so a lot of containers just them sitting on lots that are not very well protected to them. and then also, i mean we're talking about coordinated attacks and so social media might also play a role so that those rubbers actually can coordinate meat through those social media channels and then get into action in how our businesses handling this increase and retail fast just clearly it's a, it's a huge challenge. i mean, what some retailers more,
some companies are doing is they're increasing security, but that definitely also costs money. and so we've also heard from some store them from some retailers that they actually shut down their 50 physical appearance all together. it's not very easy to fight that trent, and i mean, i live in the united states for more than 20 years now. and here in new york, i also have to say that during the pandemic, there is the feeling that there is just in general, a bit more aggressive behavior coming up more aggression. and this is maybe a society trend that is not that easy to overcome quickly. and then clearly there's the call for more police activity, but well, that's also not necessarily the main solution for this huge problem. no quarter in new york, thanks so much now to some of the other global business stories making news.
the un backed initiative to share corona virus vaccines between rich and poor countries says it's essentially out of money. the kovacs program has asked for $5200000000.00 to be able to keep buying doses. so far it has delivered just over 1000000 jobs. airbus plans to add 6000 jobs worldwide in order to meet growing demand for new aircraft and green air cap aircraft technology. the move signals that the european plane maker along with europe's airline industry may be recovering from deep cutbacks made during the pandemic. now in southeast asia, products like coffee and soap are often sold in little plastic sashes. but these small packages create a big problem for the environment. e, mom cannot feed us his rounds. in this indonesian suburb, he's a trash collector. a lot of sash, it's land and his card,
the small plastic packages ubiquitous and southeast asia. the single use package is a part and parcel of a mom can if his own lifestyle. he lives in a small house, entangled on zillah tongue, together with his older sister and his niece, laundry soap, shampoo, tooth paste, all supplied in single portion, plastic packs. even the spices for the food come in fashion, have food and the important thing for me, the price of the sash is cheap and i can cook every day who lack of a it's a huge environmental problem. empty plastic sashes are all over and then non recyclable, environmentalist t some ophelia thinks it's monstrous, that these packages are still being manufactured. she's fighting for plastic free world. about 50 percent of global sasha production is based in south east asia. and
the region is where most of the most sold, the only place where i have a markets i have is in the developing country, ironically in a place where there so little capacity to recycle those fashion unit lover is one of the top brands here, especially when it comes to shampoo and laundry soap. the company declined an interview, but it did right to say that it's working on producing sash. it's made of on the one material in future and thus easier to recycle. and that's all from me and the business team here in burlington for more from us, check out our website, debbie dot com slash business were also on the d. w. news, youtube channel. and you can find us on facebook as well until next time. take care
if germany addicted to china, d. w, richard, walker, explorers, germany's china dilemma at the dawn of a new political era. there's meant to be a new strategy. but the so called a traffic light coalition is divided. the u. s. and other allies want germany to be much tougher. so what now can germany find a new way of dealing with china? next on d, w. ah, the italian government just demolished this man's house. father used to be his father built it decades ago when the mafia was profiting off of the home and shortage and more people here could soon find themselves homeless due to forces beyond their control. the mayor of casala, the printer, is trying to put a stop to this focus on europe. in 60 minutes on d,