gild mountain. view correspondent and albert baker grew up. in mexico about recipes for success strategies that make a difference. baking bread. d.w. . how we close to a breakthrough in the u.s. china outraged relations reports suggest a deal could soon be reached the news would certainly lift the mood at the upcoming national people's congress in beijing and also on the show why germany's much transition to green energy takes time as heavy industry scrambles with more and more power fluctuations. welcome to do business i want to jones in berlin good to have you with us she

always chief financial officer men one sure is suing canadian authorities over her detention back in december the move comes just days before she is scheduled to appear in court to face extradition proceedings to the united states man is accused of misleading banks about her company's business dealings in iran but she claims she was detained searched and interrogated before being informed that she was under arrest a case may feature in trade talks between u.s. president on a trump and china's cheating ping later this month. meanwhile there are reports that the u.s. and china could be close to a deal that would roll back u.s. tariffs on at least two hundred billion dollars worth of chinese goods at the news comes as beijing prepares for the annual national people's congress starting in beijing tomorrow. it is a grand display of power thousands of chinese leaders in one place to set the path

of the republic. but the ceremonial pomp here comes amid growing gloom about the country's economic fortunes. among the foot soldiers feeling the fallout this beijing stock manufacturer. just two of its twelve weaving machines are in operation the boss blames the trade dispute with washington. because some of our u.s. splines have already moved their orders to southeast asia where the labor costs are lower than here it's had a big impact on us the impact will get worse if the trade war between china and the us basically especially in the number of orders which will greatly affect us. there is mounting pressure on chinese and u.s. negotiators to settle the tire of war economic slowdown so growth in twenty eight hundred at its lowest in three decades brought on by enter no an external forces.

you from your own accord on the one hand china has an aging population problem and our traditional industries are suffering downward pressure on the other hand the traditional export oriented economy is facing extrusion for your third or condone value of their annual gathering in beijing delegates are expected to rubber stamp a series of policies aimed at addressing u.s. trade concerns a bed to try to lessen the mood. china of course a huge and very important market also for the german exports so let's bring in or leave our financial correspondent in frankfurt to learn a little bit more about this reports that the united states and china could be close to a deal what's to that. well i think it's a very plausible story there in the wall street journal we just heard about the pressures the economic ones in china and they're closely related to the political

worry is that the people at the top the people's congress will be in this week and you have similar pressures in the united states of a different nature but there the economy is also slowing down and the huge tax breaks that donald trump for example gave business and consumers well there where this year and twenty twenty could be a year of recession and in the election year basically both sides need a deal that improves the economic situation and not worsen it no actually they reporting for us from frankfurt thank you so much. energy ministers meeting in brussels today will debate the european commission's proposal for a transition to a carbon neutral economy by twenty fifty aimed at living up to the paris climate accord now germany europe strongest economy with a huge industrial base has long committed to a green energy transition so what does germany's energy mix consist of let's take

a look and twenty eight in renewable energy made up more than a forty percent including wind power hydroelectric solar and biomass the conventional energy sources still play a big role to take nuclear power germany opened its first nuclear power plant fifty years ago and since then the country has relied heavily on nuclear energy which still accounted for over thirteen percent of germany's energy mix in twenty eighteen but the clock is ticking germany plans to phase out nuclear power by twenty twenty two a decision that certainly puts a fossil fields back in focus last year coal something germany has plenty of accounted for around thirty eight percent of germany's energy mix natural gas accounts for just around seven percent now in comparison in the european union renewables account for just about thirty percent of the total energy makes nuclear energy makes up for over a quarter and coal and gas together about forty percent so germany looks

well positioned for europe's green energy targets but there is a catch relying on renewables can pose a risk to energy security. this liquid aluminum has been heated to nine hundred degrees celcius it will be used to make thin but stable sheet metal for the packaging and automotive industry says. this noting process consumes huge amounts of energy. is used against it it has to shine it can't look at all you can see it here a little bit you can see if you look this is the look this is kind of doll and when the samples are like that then i know there's a higher percentage of iron in a defeat that's not good but more iron means lower prices. producing aluminum through electrolysis burns a lot of electricity enough to power a small city. for the local power company this melting site is there for the

logical place to relieve stress from the network if there is a bottleneck if that happens it's taken off grid. is so it's ryan as long as our electrolysis cells don't get so cold that they shut down or are about to shut down but we can get by for an hour from now on which. the power company pays for the outage so there are no financial losses are trying that aluminum but the electricity can't be turned off completely for more than two hours for the entire production process has to be shut down. many fear that might become more common as nuclear and coal fired plants go offline during germany's energy transition. and into corn for sure if that occurs more often in the future due to conventional power plants going off line then things could get pretty hairy but we would need support in the area we wouldn't be able to solve the problem all on our own anymore and. in an attempt to be more independent the smelting plant is also

working to develop its own energy storage systems last year it had to temporarily shut down the times. and for more on this topic let's bring in now andrey walther from the havoc institute of in. the national economics where he heads the research area international economics and trade good to have you with us so in this report we just learned that heavy industry certainly sounds the alarm is germany's energy policy this energy makes jeopardizing our energy security the same currently it definitely is at least in the absence of a consistent strategy concerning the energy system as a whole because that's lacking at the moment i think all right but right now we of course we can still rely on on other energy sources the energy transition isn't complete yet coal certainly is a domestic and very reliable energy source but it's also bad for the environment and that is why berlin plans to phase out coal power by twenty thirty eight twenty

and that he eight that's nineteen years from now nineteen years of harmful c o two emissions is that in line with the e.u. aim to be basically green soup given the suit in use phase out of nuclear energy there's basically no alternative to it because in germany we need basic law capacities in order to compensate temporary shortages in terms of electricity from renewable so in this regard i sing a long term plan for phasing out coal fired chapala plants it's inevitable so was was a berlin's decision to exit nuclear power premature. no i don't think so because there's a widespread opposition in germany to wants nuclear energy especially towards the risk of the dangerous related to it so i don't see much alternative to the current approach is a bit like we want to allocate can eat it we want to have clean energy

a nuclear would be clean as long as it's safe. but the same time we stick to coal for a while and now there's obviously also a very controversial new gas pipeline being built considering that gas only plays a minor role what is your take on germany's role in this controversial nordstrom to pipeline which runs from russia to germany. a cig gas will continue to be an important energy carry on the future because due to its high flexibility it's ideal to compliment temporary shortages and fluctuations in the provision of electricity from renewables so in this way i think this pliable is an important project for germany but also for europe as a whole if you want to be successful in terms of our energy transition. this of all the e.u. strives for clean affordable and secure energy supply for all with an interconnected energy crit and that across the block how is germany's energy makes currently fit

into the idea of an e.u. wide energy union. a sinking germany is in that sense a role model as we are very successful in promoting the expansion of capacities are few new bills about at the same time we're not a leader at least concerning the integration of eastern europe built into an overall strategy saying much has to be done right now in order to secure about the interconnectivity of different sectors faster between electricity on the one hand and heating and transport on the other hand to make the energy transition successful all right so there is still a lot of work to be done but we're on the right track that's good news and three balls there from the habit institute of international economics thank you so much you're welcome. australia and indonesia signed a free trade deal on monday ending nearly a decade of negotiations the trade ministers of the two countries ratified to the

so-called comprehensive economic partnership agreement in jakarta on monday tariffs on australian frozen buttes life cattle diary and dairy and steel will be eliminated gradually terrorists on clothes electronics and costs made in indonesia will be dropped immediately unions in australia are opposed to the deal and there are concerned it will cost jobs. and that is your business update on d.w. from me in the team thanks for giving us company.

the percent of americans at some point in our lives will experience hardship. players. just. in a good game of power and money the competition is. most important natural resource . checking how long we'll be able to play and who will win

this thing we believe that renewable energy playing for the role in the future. the geopolitical. story lucky to. live. funny looking happy people as far as the eye can see the german city of cologne is in kind of a fever. the people heading the celebrations are called the tiger triumvirate composed of a prince a peasant and a maid and. over the course of seven weeks they perform at hundreds of carnival events and they call that fun. lol.

i. love alice. in an elevator at a hotel in cologne heading down there to model the day be like. exciting nice. as now the kind of all is well underway the triumvirate sleep at a hotel though not much they put in for one hundred appearances at carnival events in less than two months and are often on the go twelve hours a day still despite their grueling schedule the job has its rewards i mean when you go to a seniors herman a ninety year old woman in the front row says i had to reach ninety to get this close to the triumvirate there's a moment you don't forget if it was. a horse. each year a new term for it is selected by the cologne carnival festival committee the three men's convoy resembles the visit from a head of state legend has it.