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tv   Business - News  Deutsche Welle  October 5, 2017 3:15pm-3:30pm CEST

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won't cry so just how does that work. monica will have the answer for you coming right up in business. when history books mark brought to life. maybe the stories they're in we'll get to
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rewrite. the story of the russian revolution. from the perspective of writers thinkers homeguard ists. what did it feel like to live in times of revolution the people. not going to the russian art revolutionary. nineteen seventeen the real october starting october twenty fifth on t w. energy efficiency measures have reduced greenhouse gas emissions that is the good news but the international energy agency wants that governments are getting lax about implementing new policies we talked to the executive director of the ita.
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also coming up the art world is gathering in london where the world's top art galleries exhibit their offerings of contemporary art art buffs and buyers. welcome to your business so what do a fridges washing machines and televisions have in common they all have an energy label from a very good to d. for adequate now this grading system has led to many customers buying more energy efficient appliances in its latest report to the international energy agency has nor did this progress as an important contributor to reducing dangerous c o two emissions but there are also some major blind spots. big trucks thick air the exhaust from large trucks is a blind spot in the current emissions debate measures to reduce the emissions from trucks exist in only a few countries including china japan the usa and the european union
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globalization is not slowing down and ever growing frightful humans are being transported around the world truck traffic is growing and will continue to grow the international energy agency predicts in the next three decades trucks are expected to produce as much pollution as all the coal fired power stations in the world according to the report there's also message of room for improvement in the energy footprint of new buildings the international energy agency says that for two thirds of new buildings in the world there are no environmental standards in place in cities like beijing or new delhi buildings are expected to have a life of seventy to eighty years the report says that means that today's like of climate protection measures will pose a problem for many decades. so energy efficiency measures have achieved a lot in terms of reducing c o two emissions but we mustn't rest on our laurels isn't that right five executive director of the international energy agency i mean
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your agency in this report states that governments are getting somewhat lax why is that so important. imagine the carbon dioxide emissions are very important and is the main cause for climate change which is a major challenge for all of us and i just sector is the main responsible sector for climate change more down to terms of the emissions causing climate change come from the now just sector therefore we thought fixing the problem and i just sector we have no chance whatsoever to fix our climate problem and i mean look at the energy sector there are two major police options we have to fight against climate change one is renewable energy making more use of solar power you say could just using energy more efficiently so who do you think it needs to take action now because it's very abstract we talk about the energy sector is it can i do something
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personally would that be enough you can do a lot of things but it may not be enough we need to collective answer to that and therefore governments are the ones who should write the rules of the game and they have to provide incentives for you to use energy more efficiently and to true's more sustainable and not just force as you can do once or twice by looking at your pocketbook and the money here but the government's need to push you incentivize you to use an agile more efficiently for example when you buy a television set you should go on my buy a more efficient one and governments should make the life easier for you to choose make that choice you know your report also says that the all that has been achieved already in reducing greenhouse gas emissions was mainly down to the fact that list energy was needed in order to have the economy up and running as the economy slowed down so it's a weak economy ultimately good for the environment effect we can have bought you
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can have a growing economy but using the energy more efficiently and using energy from renewable energy sources you have. right in the last twenty thirty years global emissions increase every year but in the last three years they've remained flat they didn't increase even door global economy increased why didn't increase because we get more renewables in the system and also use an edge much more efficiently for our cars for the television sets for the industrial sector and we have built into the german and other countries more efficient buildings right i mean you get you here in germany now because you present this energy report together with the german economy and environment minister but it's a place you meant made me all the german policymakers this is a country of diesel gates not very energy efficient what did you discuss i think to be fair germany is on the forefront in the fight against climate change and in
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terms of energy efficiency it is one of the top countries together with japan and other countries and also in terms of energy germany is pushing the buttons very very hard so directly some challenges such as a deal for the gates and others but john is doing very well in terms of fighting against climate change we'd like to hear that oil executive director of the international energy agency thank you so much for being here with us today. sends a very special and now there could be a cross border tie up in the banking world in the making what about follows the action for us in the frankfurt stock exchange hello ali. who wants to tie the knot and with whom. yeah been paid parivar of france and come out spunk here of frankfurt it's second largest bank in germany and it's said to be in paper about is interested in buying a fifteen point six percent stake in the bank that stake at the moment is still
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being held by the federal government of germany which rescued kamau spunk back in two thousand and eight when the financial crisis really got going after lehman collapsed now. spunk has been losing money for years recently it's back in the black making a profit but not all that much not all that much to write home about in p. much more profitable and worth much more in the market for home like me is that the land will sell its state. well it's said that no no less than french president manuel not craw is behind this initiative and that he wants to tie the knot see this not been tied as a symbol of german french a deepening of banking union in europe the question is will the german government sell because it would at the moment get much less than it paid in the year two thousand and eight on the other hand there's a saying which perhaps also applies here a bird in the hand is worth two in the bush let's wait and see if indeed. thank you
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so much for that. european gwion production is down in germany produces little bottle twenty percent less compared to last year due to an favorable weather but do not despair even though the vintage will most likely be off the period quality your favorite recently in boulder will not get more expensive next year and here's why. most of this year's crop was harvested especially early late frost summer hail storms and foggy days are all to blame wine producers say climate change is a growing factor the climate change and extreme weather mean different conditions in individual growing areas in a twenty percent drop across germany doesn't mean every producer it was down twenty percent between went into q one and didn't want to see because we're talking but the three largest wine producing areas in the country right has the polite nate and
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botton each saw drops about twenty percent from the year before the few gains came mostly from the east germany's numbers are comparable to overall declines across europe italy and france are also reporting much lower grade fields yet there is good news the quality of this year's grapes is better thanks in part to late september sunshine what does it all mean for consumers the price of riesling could rise but wine producers could also take a hit for the anthem but it is a big challenge for individual produces they'll lose money no question because international competition is too fierce for them to raise prices accordingly and out of it perhaps their courses quality will have to make up for the difference. if you like and you want to invest a little head to london this week as the annual friess art fair opens there now this is a year eighty female artists and those from minorities groups that are attracting investors interests jeff koons has the world in his hands his works earn more money
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than those of any living artist one sold for nearly sixty million dollars a reflection of the arc world's willingness to spend other established artists have also seen auction prices grow works by american sculptor nick cave have been fetching well over one hundred thousand dollars. finding buyers for artists is what freeze is all about and while there's always an appetite for the big names buyers are also looking for up and coming artists whose works can quickly gain in value in today's market. this is an extremely important moment commercially for the galleries and it's a moment when the whole world comes to london and a few summer sales taken place already here today from the same millions of pounds range to you know the sort of much lower price range. organizers say it's time buyers looked at minority and women artists like. they say these works are
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undervalued even as critics call them more relevant than ever. mainstream is seriously looking. at this perhaps now more with a never because if we look at what's going on politically this is the strongest voice talking about sex and talking about politics freezes showcasing artists like sculptor. whose work suggests the brutality of the african-american experience so perhaps buyers willing to invest millions in the likes of jeff koons will take another look at works like his. well that's all the business of for now he on you don't forget you can always find out more on a social media twitter and facebook so you know that. home
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that demands a maximum minimum isn't. the couple from a not accepted the challenge bangalore take back our house i call it the thinnest residence designed by radical pos
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a monster piece of modern architecture but what's it like to live to have. your old maxim next to you. i don't know i don't know but don't most deeply watch it still on your wasps. mia's son mia who loves it. starting october fifteenth on d w and online. filming the system being tossed around by asking him to join his or dealing with anyone other than they killed many civilians with him in the harsh coming including my father why the soldiers and i was a still don't recall me i wanted to build a life for myself. but suddenly life became mellish kind of song. providing insights global news that matters d. w.
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made for mines beat the germans new and surprising aspects of noise and culture in germany. us american kid news that takes a look at germany it is increasing the speed of their traditions everyday lives and language i can just come out of my lungs and so i'm young good. looking guy r t w dot com the germans. welcome to the say that kicks off today with a raise on the top european cities.

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