tv Business - News Deutsche Welle November 9, 2018 6:15pm-6:30pm CET
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request and will be coming in having barely escaped with their lives residents are in for a shock when they return to find that paradise lost. now when the north stream two pipeline comes online next year gas will flow directly from russia to germany bypassing the current transit light ukraine will hear from your crazy deputy foreign minister right after this. story shows the story of the first one more told from different perspectives by peter craven from the eastern european perspective from the african perspective from the perspective to keep from the arab world. t w dot com slash w w one. time for an upgrade. our. grows all by.
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house with no room. for design highlights you can make yourself. trends tips and tricks that will turn your home to special. upgrade yourself with d w's interior design channel on you tube. ukraine's worst nightmare no stream true will bring russian natural gas directly to germany via the baltic at make you have misses out on the billions of euros in transit fees i spoke to the ukrainian deputy foreign minister. and a real back breaker of the harvest pays off our young greeks are staying in business with the said trees are old tradition. and bad for us all and that's the business one of the world's most controversial energy projects is nearing
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completion from twenty nineteen the north stream to pipeline will deliver natural gas from russia via the baltic sea directly to germany since try. twelve russian gas is being exported to germany through the first old stream pipeline will double the amount of gas delivered to more than one hundred billion cubic meters a year a project divides europe as it completely bypasses ukraine if russia stops using the pipelines that go through ukraine stands to lose up to two point eight billion dollars in annual transit. construction for the new pipeline is underway on the northern german coast hundreds of steel pipes are set to be welded together on the vessels and then drawn into the baltic sea the ten billion euro project has cause rifts within europe poland and ukraine oppose it they fear germany will become too dependent on russian gas a concern shared by the american government. germany imports forty percent of its
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gas from russia twenty nine percent comes from the netherlands norway supplies it with twenty one percent only seven percent comes from german gas fields supply from e.u. countries will decline in the future because the blocks gas resources i do missing germany however desperately needs more gas it is going to turn off its nuclear plans in four years and it also wants to shut down coal power plants meanwhile when you like wind and solar are unstable energy sources that means a germany needs natural gas to fill the supply gap. the country is planning to build its first liquefied natural gas terminal that will allow l.n.g. ships from qatar the u.s. and other countries to transport their gas to germany the energy transition the move from nuclear and coal comes with a hefty price tag it means that you are ups largest economy could become more dependent on foreign gas especially from russia. i
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asked ukraine's deputy foreign minister alain if europe and russia have forgotten all about ukraine i don't think. that europe. and the consequences so who are being secure in this respect is this about. security or is it about business for us it's a matter of security and it's definitely not about the revenues it's about the guarantee of our security and the pipeline we have this is that kind of guarantee for us why did trump say that germany will become captive to russian energy because it will receive more than eighty percent of russian gas because at the moment it's getting sixty percent from norway the netherlands its own production as well i mean that is still quite a big song yeah and it will be among the. diversification one manipulation my
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because it will be increase of this amount of gas in germany and this center around eastern contests of. their role as it turns its conference do you think trump is on your side i do think that trump has his own interests but he definitely supports and understand that russia is the threat he's only interests in that he would like to sell liquefied natural gas to europe which is more you see this in more. at the same time we're talking about security the amount of transit money that you would lose out on what does that mean to your economy an economy that is already battered a country that is going through so much conflict this is actually in the moment was spent on our army and this is how we protect our country against pressure without the support of nato conference and without any kind of american bases in the territory does ukraine then need to rethink how it does business definitely we need
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to have a support from their conference and for their allies in order to protect ourselves . are you worried about germany's security i mean what does germany's security how can that have consequences for ukraine germany has military bases and. money is protected by the article five of the nato that we are not and definitely less secure it what guaranteed volume of natural gas transiting through ukraine would you like to see or would you need to drop your opposition to this project i don't think that we believe in any kind of guarantees this special it from russia would have a book that best memoranda and what happened with us who now help us to protect ourselves by the chile we do rely on some support from germany in
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order to set the peace in the or create but definitely would don't believe in any deals with russians but look how many companies are behind this deal how many german companies french companies it's a huge european if it surely it's not an effort to target ukraine it's definitely a very economic project because european legislation is not to play kabila on it and they can't air in montana without any kind of rules at the same time we committed ourselves to pull the apply european legislation in the ukraine and to act in accordance with the european legislation one more word from you what would you like to see come twenty nineteen when this project is actually finalized it's one of the world's most controversial projects but it looks like it is going to go away and we still rely on application of rules and legal regimes on all projects
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including north stream to and we do seeing that this is a kind of way forward without sanctions to create a normal legal framework which will be applicable for all actors and the markets but you would support you where sanctions against german companies i would. guess directive for north into this thank you very much for coming in today it's been a pleasure for conceiving me as well. tourism is returning to egypt after years of political abreast and terrorist attacks as they test that's back with more and more europeans returning and interest growing in countries with a lot of potential like china. the tourists are back around the pyramids of giza for example tourists who booked spain last year are coming to egypt this year they want to see the big sights this group from france is taking a boat trip along the nile. along with the like you alone in the world a lot of peace and quiet
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a beautiful moment with family and friends investors are once again active after a long hiatus like investing in the nile's fleet of boats that creates jobs which are desperately needed. by gov several years we've hardly worked at all it's much better now we sometimes work up to twenty eight days a month. tourism is enormously important for the egyptian economy the tourism industry in cairo has just announced that it will make up around fifteen percent of economic output this year and that's not just the returning european tourists have been to. the chinese to have discovered egypt many chinese restaurants have sprung up with national language and cuisine just like at home. and this is the best meal we have for. you should be above it but. the locals are glad that tourism is picking up again and they hope that might help rejuvenate other sectors
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of the economy in the country on the nile. to greece is so cold red gold saffron is on the cultivated it very few countries but as its suggests it is extremely expensive the greeks have been doing it for three centuries it even helped some of them for the global financial crisis. saffron only grows for a few weeks in autumn the spices extracted from three red threads that grow inside the saffron crocus flour. that picked out by hand which is why suffer from is one of the most expensive spices in the world. one gram costs up to twenty euros giving it the nickname bread gold it mostly grows in iran but also in northern greece. during the economic crisis greece rediscovered suffer from as a source of income this is corinne went to london to look for work despite having
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two university degrees he had no luck and returned to greece in two thousand and twelve. and missed the gruesome it was difficult to find work during the crisis. particularly in civil engineering because there was no construction going to get. that we've been taught how to grow stuff from from our parents and grandparents and we knew our way around the fields. so i thought suffer on that could provide me with a good source of income coming from a woman on the one form of. curry works for our great cultural collective that's grown enormously since it began back in two thousand they were producing thirty kilograms a year today it's full tonnes the saffron industry employs five thousand people and grace in a region where the crisis left almost a quarter of people unemployed. a lot of young people found work in the fields.
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there are even scientists out head planting practices to try and make a living. i think more people will come if a product continues to sell. if there's more to moms will increase production. seventy percent of the stuff from his exported to the us germany and from the co-operative is currently negotiating with chinese wholesalers that planning to acquire more land for crops next year. i stay in business with you.
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war. you can tell a lot about a society by its garbage. can see it's worthless for the rich but for many people it offers their full chance for survival africa is among the most unequal regions in the world. i could be lunch for today just like that. our reporters travel to nairobi and. people know the true value of garbage. it has created a thriving parallel economy that's been completely ignored by the markets but what does all this mean for economic inequality around the world. as a starting place was the response to that statement yes we are starting to play as we want to because we are tired. and disrupt any kind of.
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player. or. bridge look at the truck exclusive report starts nov seventeenth t.w. . well owen a very warm welcome indeed to focus on europe with me peter craven and across europe people have been commemorating the end of the first world war one hundred years ago on november the eleventh one thousand nine hundred eighty.
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