of women and music britain's biggest celebration of musical achievements culminated with the performance honoring front line workers when the national health service choir joined dragon bone mass and a larger than life on screen pay. after year most people would like to forget the brits were able to stage a show memorable for all the right reasons. the news continues right here riginal them allow with your business lines and i'll see you again tomorrow. what secrets lie behind. discover new adventures in 360 degrees. and explore this amazing world heritage sites. w world heritage 363 get married now. true true it's

a low flush weeks extravagant don't fit and glitter glitter glitter. against prejudice i got called a boy. for recognition. of stores to big stayed. true to its starts with a 17 w. . europe's biggest economy wraps up its climate goals putting german industry under pressure to clean up their act. also on the show us consumer prices jumped much more than expected in april fueling peers higher inflation if you're around for a while. and the e.u. court says luxembourg. tax breaks for amazon are not illegal and

a meter victory for the online retail giant. this is the business i'm to now the milan in berlin german chancellor angela merkel's cabinet has approved an updated climate law that would see the car the country reach carbon neutrality sooner and tighten emissions targets for many sectors over the next decade the plan requires europe's largest economy to cut carbon emissions 65 percent by 2030 not 0 by no longer by no later than 2045 there were a comes after germany's highest court demand berlin provide specific emissions targets and to show it wasn't the bulk of emissions cuts on future generations. and my colleague stephen beardsley joins us now see even these targets are expected to cost the german economy $12000000000.00 euros how would you rate that as an investment well i would say considering the ultimate amount of money that they probably would have to spend $12000000000.00 isn't that much is on top of

a massive amount of money they're going to have to spend over the next 2030 years and germany can afford it people want german money they want to buy german debt that is they can get it for cheap and you know germany is not going have problem raising those funds the idea is all also always been that if germany or any other nation can really crack this not early that is how to get to carbon neutral production how to create carbon neutral processes and they can export that german as a manufacturing nation as an exporting nation and the idea is that by setting these goals in general the german industry will be able to profit from it later on there is obviously a flipside of that and that is the disruption factor what happens when you put the brakes on otherwise perfectly good economic activity out of carbon emissions reasons what happens when workers who aren't prepared to shift production methods are found without work so these are the things that ultimately can be problematic when you shift all the goals for value spoken of germany. as an export country as

a manufacturing country how has a german industry reacted to these updated goals and the general line coming from german industry has been they want reliable goals they want reliability and they criticize what they see as a very shortsighted or very quick decision to move things forward without really explaining how they're going to pay for it and how they're going to support it over the years where they really want is they want 2 things they want money to help support offsets the expense of doing this and they also want cheaper energy because a lot of these companies their carbon balance depends on the energy they're using it comes from coal and that there is up their balance if they do use it from a new energy then they're in better stead so what that means is they need to see faster renewable energy transitions that's what this plan purports to add to they also want to see money for dirtier industries that aren't going to profit that much from renewable energy cement steel for example definitely a balancing act for industry stephen beardsley there for us thank you very much.

now more ambitious climate goals mean increased demand for low carbon alternatives to fossil fuels like green hydrogen producing green hydrogen requires a lot of renewable energy for example from wind turbines but the expansion of on shore wind farms in germany is progressing slowly so where is the green hydrogen and to come from have a look at this wind turbine has produced electricity for more than 20 years but no more. local farmer helmet everest can hardly believe it the wind turbine near hanover in germany's north is no longer profitable because the state will stop paying some cities the profit per kilowatt hour will be halved how much ever is thinks it's a shame. technician on the wind turbine was technically in great condition because we always kept our maintenance schedule up to date and the compliance body regularly inspected everything. or they determined that it could

have continued to operate on. a host of other good even so the capacity for green energy is increasing all the time in plants like this one this is where hydrogen is produced a c o 2 free fuel that is of course only green if it's produced with green electricity . uses green hydrogen to heat buildings and as fuel for vehicles. he's convinced that this energy form or birthplace ponselle fuels such as oil and gas on a large scale. i believe we're at the beginning of the hydrogen age here that means the infrastructure that we just built here was prefabricated all manufacturers worldwide do it this way you have to go into cereal production to exploit real cost cutting potential so that these systems will become cheaper. to get. that could happen very quickly as the demand

for green hydrogen is likely to skyrocket the german government wants entire industries such as steel works in germany to use only green hydrogen this is where the wind turbines come into play again huge amounts of green electricity from wind turbines are needed to produce hydrogen. however the expansion of on shore wind has clearly stalled in recent years there are approval procedures that are clearly too long and too complicated there's also resistance from residents everywhere to new wind turbines. and then there would be the cancellation of state subsidies for older wind turbines helmut evers doesn't understand this and without the windmill and the subsidies he's just a farmer again. luxembourg's tax breaks for amazon were not illegal that's the

decision of the a hughes general court according to the verdict amazon had not received an unfair competitive advantage in a big win for the online retailer at the court and old a previous decision by the european commission which had ordered amazon to pay 250000000 euros in back taxes our correspondent chelsea villainy has more today's court ruling is a major setback for the e.u. which has emerged as one of the most aggressive regulators of attack and this isn't the 1st time the e.u. has lost a case in trying to force some of these particularly big american tech giants to pay more taxes here in europe the e.u. also was overruled by the general court in trying to claw back about 13000000000 euros worth of taxes from apple i think this will raise questions about the e.u. strategy in trying to combat some of these clever tax avoidance schemes that are used among a lot of large multinationals but what it also will do is likely add more pressure

on global leaders to come up with an international tax system we've already seen the biden administration propose a global minimum tax there here in europe leaders seem to be on board and there is hope that they will be able to come up with some sort of system by the summer. chelsea delaney there now let's take a look at some other business stories making headlines. the e.u. has sharply revised its growth forecast for this year and next around vaccination drive and the blocks a landmark recovery plan will lift europe out of recession the commission said growth would hit 4.3 percent this year. a handful of u.s. states are ending extra unemployment benefits for which they blame for creating a shortage of workers u.s. job openings have breached a record high as hiring slows and there is a rise in the number of jobs and warehouses factories and restaurants. now the u.s.

has posted its largest jump in prices in 12 years jumping 4.2 percent in april compared to the same time last year was that luis de haro joins us now from new york a set investors have been worried about an inflation spike for a while now now the data's out the what's been the reaction well it seems that another big selloff in the making for sure on wall street general inflation numbers are now the usual suspects and we charge technology stocks so here we're talking about big names like up or amazon tesla which normally tend to drag down main indexes that volatility is a spike in so it's the 10 year treasury deal that said richard florida 2nd in command of the federal reserve insisted this morning. should be transitory a similar message that have been we have been hearing from fed chairman jerome powell in the last couple weeks i'm not defeated has the tools to deal with them but as for now the market seems to disagree and fears that the economy could

overheat and force it defends him to normalize its monetary policies way way sooner done expected. there in new york for us thank you very much. to uganda now where a clinic is providing complex surgeries aided by cutting edge technology the country has long suffered from a knowledge gap in specialist health care but now all it takes is a high speed internet connection and a headset to allow surgeons from anywhere in the world to consult on procedures our correspondent julie has a story to village any other source of rebar nial in eastern uganda a complex jerry is underway. into it woman has been admitted with a rare abdominal complication we did investigations that shared. it with fluid in the abdomen unfortunately the investigations go not show the origin

of the mice so we had to decide to do i said there are. better coming that is opening they have to look inside. the operation is not an ordinary one due to the technology deployed. defaces displayed on the screen for maybe couric spots in the united states whatever the leads in this room sees through a specialized planes the american counterparts see it too and in real time that is enabling them to share expertise. i have. to kind of walk through the case together it really adds to how i buy and i still. buy or. buy that weighs i would have done. in the last 2 years more

than 800 centuries of been conducted in this month. much to enable such complex life saving collaborations high speed internet is key. for saw. the $1800000.00 facility is the brainchild of new york based michael marin of the global subject going to shit if. not for profit uses a government subsidized internet connection dedicated to research. but authorities want to improve mental. exchange in a country with one of the wilds highest rates the hopes that. come bridge. and drive. development. and

a reminder of the top story this hour. german chancellor cabinet has approved and updated climate law that would see the country reach a carbon neutrality and emissions targets for many sectors over the next decade the plan requires europe's largest economy to cut carbon emissions 65 percent by 2030. that's it for me and the business team for more on these and other business stories visit us online dot com slash business also facebook and twitter thank you so much for watching. the fight against the corona virus pandemic. has the rate of infection been developing what does the latest research say. information and context the coronavirus update coming. on d w. n during the conflict so tim sebastian america's secretary of

state down to believe it was in ukraine last week is in the power of these awful words of comfort and support for the country after russian troops of mass. close to its border my guess newsweeklies ukraine's foreign minister dumitru kool aid i do get out of the good. conflict zone. in 60 minutes called. the force to choose it's the sense of smell most people believe they could live without. but losing it can be life over a. scientist say covert attacks the cells that help communicate what way smelling. we can lose our appetite. the will to live sense of smell helps define who

we are. i've been for zone.