tv Business Deutsche Welle May 3, 2019 1:30am-1:46am CEST
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particularly sea level rise by at least one century. we're going to have some climate impact return greater than our single. it's really frightening . why aren't people more concerned. to the first. here's a liquid loss and avoiding a trade war imports of american liquefied natural gas shot up by close to three hundred percent in less than a year but more to flow. also on the show france and germany team up to subsidize battery cell production they call it a strategic investment in the face of tough asian competition others say it's
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a waste of money. and five german companies pledge millions to their yacht all acosta morial in jerusalem on holocaust remembrance day. welcome to the w. business i'm sure they'll be milan thanks for joining us they start off with us alan g. going to that you know that may sound like an alphabet soup but it means so much more up close to three hundred percent increase of liquefied natural gas imports from the u.s. to the e.u. is one thing helping to manage tensions between the two trading partners but for how long. it all started with a promise in the rose garden last july when e.u. commission presidential glowed younker tried to sue the u.s. president ready to start another trade war we've decided to strengthen our cooperation on energy and you will be more terminals to import liquefied natural
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gas from the us currently germany is financing two new ellen g. terminals to receive if u.s. shipments and is said to be busy the e.u. wants to double their imports from the u.s. by twenty twenty three the u.s. paints this not as an economical but a political success an expanded natural gas trade will contribute to the collective strength and resilience of our nato partners thank you very much still u.s. president trumps maine grief as with the e.u. buying most of its gas from russia a fact that won't change anytime soon in twenty eighteen forty percent of the e.u.'s gas imports came from russia a similar share was imported from norway other large suppliers to the european markets are algeria and qatar the united states still ranks among others they are l. and g. numbers look higher as most gas to the e.u.
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is not liquefied at all but rather delivered by a pipeline that we crossed out against carter our financial correspondent in new york now yes this deal to buy more u.s. gas that's obviously not just about the energy trade but this is a concession to avoid further blows in the u.s. trade war do you think it will work. well i mean what europe certainly will try to avoid is higher tariffs on car imports so this is one of the big items on the table when it comes to the trade talks between the united nations and the european union and so that europe is buying more gas from the united states actually could help smooth those negotiations a bit and then on the other side it also could be to the benefit of europe and calm to really hurt if you have more suppliers and you do not actually depend so much on the gas imports from russia and then for the united states was the fracking boom
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here we see record production amounts of gas and off oil and sold the united states is clearly looking for more markets to sell oil and also guess and speaking of selling we have corporate news we're hearing that meat alternatives company beyond meat really gave investors something to chew on in its first trading day how did it go. you know it's supposed to taste like meat looks like meat but it is not meet one of the main bases of the product from beyond meat this actually yellow piece and the i.p.o. here on wall street was quite a success at the first trading day the stock of beyond me searched by more than one hundred sixty percent even if this company is still not profitable and what is also interesting if you look at the united states less than five percent of the population are considered vegans or vegetarians so what this company is trying to
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do is not necessarily target vegetarians but meat lovers but to try something else but to meat if we're talking about a meat market here in the united states of two hundred seventy billion dollars plus said there was one pretty funny headline here that now beyond meat with a market cap of three billion dollars is worth more than the entire piece that we have here in the united states on media analysis from the ends quarter on wall street for us thank you very much five high profile german organizations a dime learned the arch a bonfire. and the soccer club dortmund have pledged five million euros to the yad vashem world holocaust remembrance center and jerusalem the donation announced as part of holocaust remembrance day events in israel will be invested in the museum's growing archives. every year on
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holocaust remembrance day israel comes to a standstill for two minutes sirens wail in memory of the some six million jews killed by the nazis. the heads of german companies dimler fox. and to a chipmunk all of which were active during the nazi era have joined the commemorations in israel. together with soccer club brucia dortmund they are donating five million euros to expand the yachts the sham holocaust memorial it is one that would only. take each of our companies bears some responsibility in one way or another. and we have discussed what we can do to strengthen this culture of remembrance. those who believed in equal importance and the pushed and that doesn't bunk ward off and seek knowledge the board of dortch a bank wanted to send a signal with this donation and a signal against anti-semitism as
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a signal against racism as a signal against religious intolerance and social exclusion. it's actually consume yat to the sham has been documenting the holocaust and giving the victims a name since one thousand nine hundred fifty three visitors and researchers from all over the world learn about nazi atrocities here the new shoah heritage collection center will be part of an expanded research institution with new archive technology and more research and exhibition space the entire complex will cost an estimated fifty million dollars the old archives are becoming too small and new items continue to arrive there are millions of documents photos testimonies artworks and personal items. blowhole. standing at a crossroads the generation of survivors is gradually just appearing and the
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possibilities of preserving evidence and memories are changing dramatically. and we have to do everything to tell this story. with the sequel the german companies believe it's very important to come to terms with the past including their role in slave labor and profiting during the nazi regime that's also a reason to contribute to the memory of the shoah. or chip on the tradition on was called torture advice back then. we played a key role in organizing everything. because of this organs yet to this day we are ashamed it's more you can talk that's why such joint projects like the one at yad vashem are so important construction of the new complex is set to begin at the end of the summer with the opening slated for twenty twenty one and now to some other
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business stories from around the world russia is in the final stages of launching the world's first floating nuclear power plant the aim is to supply electricity to the country's far east but the ship can be towed elsewhere to meet demand critics say the project is dangerous and have dubbed it turn a bill on ice. canada's bombard the nk shocked workers in northern ireland on thursday by announcing it will sell its belfast operation the largest high-tech manufacturer and the region the company employs three thousand six hundred people there the decision is part of a plan to combine corporate and regional jet units into a single aviation unit and shed more assets. if the future of the auto industry is electric then it's going to need a lot of batteries most battery cells are made in asia and the u.s.
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but europe wants to catch up france and germany announced a joint effort to create what's supposed to become the air bus of batteries a european industry that also happens to be heavily subsidized. electric cars and charging stations are still something of a rarity last year just two million electric cars were sold worldwide but that looks set to change with all major carmakers hutchings plan to develop electric models. of course requires batteries at present battery cell production is dominated by asian companies those produced for tesla for example are made by a japanese company panasonic. now europe wants to get in on the game. germany and france have launched a project worth over five billion euros to develop battery cell production among the names staying competitive against the united states and china.
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if we don't just want to meet demand from the european car industry we also want to export globally and make it clear that factory is made in europe represent an important quality standard for electric mobility and other alec tronic up occasions . around a billion euros of the earmarks funds comprise e.u. subsidies for cross border but consortium involving french carmaker peugeot and its sister company opel in germany a further four billion is expected to come from private companies including energy firms. thanks for watching.
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not here to give the right answers but to ask the right questions. we're not here to indoctrinate but to listen. plus ninety connect to an unbiased agenda subscribe now on you tube. earth home to millions of species it's a home worth saving. google ideas tell stories of creative people and enough. it's projects around the world like protect the climate boost green energy solutions and reforestation. interactive content to inspire people to take action google audience the environment series of global three thousand on t.w.
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and. i guess sometimes i. think thinking to jam a culture. stereotype question if you think the future of the country that i don't . think it is drama. it's all that. time a job join me again from the. post. welcome to news from the world of culture here's what's coming up in the next quarter of an hour. the violinist. is a musical maverick playing different styles in different parts of the world joining me in the studio. and the german film awards will be handed out this weekend we'll
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be looking at some of the main contenders. this guy was born and brought up here in berlin but his parents are from indonesia i mean he's a star and lives between the two cultures this mix is reflected in his playing and especially in his latest album us see which is an eclectic blend of all sorts of music and sounds be talking to him in a minute but first let's hear his music. there's a bit of this kind are we jaya is a musician who doesn't like to be pigeonholed musically or personally the berliner with indonesian roots is an exceptional violinist who finds inspiration outside the world of classical music i collect a charismatic driven for him the music is all that matters with an ultimate lee we
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