after these 2 years we want to celebrate together that's what it's about it's. a win for laci it would be the club's 1st trophy in 12 years since the club's formation. you're watching t.v. news business is next with monica jones i'm terry margin thanks for watching. every day counts for us and for our planet. is on its way to bring you more conservation. how do we make sequenced rebirth how can we protect habitats what to do with all our waste.

we can make a difference by choosing smart solutions overstrained said you know where you see. the why do most fundamental series of includes me cause i'm going to double bomb on . more than 360000 new infections within the last 24 hours india $9000.00 crisis continues to create and shuttered businesses around the country to catch up with our responded in mumbai to find out more about the situation there. also coming up easy come easy go have tesla c.e.o. in long last put the brakes on the bitcoin after he says he won't accept the cryptocurrency anymore because of environmental concepts to. welcome to your

business i want to johnsonville in the to have you with us while the heart wrenching pictures from india just keep coming people desperate to get oxygen cylinders for their family members thousands still die every day because of an adequate medical care other corona crisis is also having a hard economic impact on the people there many business owners cannot open their stores and when they do barely enough to survive our reporter in mumbai i need to ride took a look around one of the largest shopping streets there a once bustling shopping precinct in a seaside suburb on the edge of mumbai now the crowds are gone the shops are closed the owners have returned to their homes mostly cities and other states such as raja stan madhya pradesh or bihar. ramesh kumar is lucky he sells groceries and everyday items so the city allows him to open

his shop for 3 hours a day. he says that the 2nd coronavirus wave has hit him hard. the businessman complains that there is no financial support from the government. he doesn't even manage to cover his operating costs. it looks like this in thousands of shopping streets across the country at the moment some stores try to sell their things on the internet still it's not enough there are few people who want to buy blouses or jeans on line in times like these this affects almost everyone in the retail sector. going on. with 8 years or. more like working for i want to be able to. ask the people here what they want from their government and they say vaccinate people in india should just get vaccinated as soon as possible they say because

only then can the world's 5th largest economy get back to business as usual. well india won't be getting back to business as usual any time soon and that's bad news for many other countries the country's devastating 2nd wave has raised concerns about vaccine supplies for poorer nations despite its own need india is one of the biggest exporters through the world health organizations kovacs program and our program helps supply africa's vaccination drive but increased domestic demand has put deliveries on hold leaving african countries scrambling especially for much needed 2nd doses now you can see just how sluggish progress has been this has prompted calls to suspend vaccine peyton's a proposal backed by u.s. president joe biden but it faces opposition from countries like germany and that's drawn fierce criticism from south african presidents who are from a poster who said

a situation in which the populations of advanced rich countries are safely in ocular latest while millions in poorer countries die in the queue would be tantamount to vaccine apartheid for more let's bring in business correspondent needy right in a mumbai also she sent us this report earlier of course good to see you need to let's start with the kovacs program because a large part as we just heard of the vaccines for african countries comes from india but can india in this current crisis afford to supply vaccines to others. the short answer to that question is impossible because right now what has happened in india is that we have sent 68000000 vaccines out of india because we wanted to and that ended up being very very bad for us as you can see the situation is really bad in getting a nose if now in even if we want to send vaccines outside if we want to export if

we want to help africa we cannot because we do not have enough vaccines to vaccinate our own people and right now the only solution to the current problem is vaccinating as many people as possible so that the solution to the short answer to that question is in the right now in your report of course you focused on on shop keepers own us how they are struggling right now how big indian companies holding up. the big indian companies have opened their bonuses and they're trying to has their employees as much as possible a lot of big companies have opened their own war chest where they're trying to get their employees and their family members as much help as possible when it comes to hospital beds on oxygen or any kind of shortens or they have also a lot of companies have in fact also announced that they're going to new full team based and and the people can take as many as possible obviously the big companies are going to afford to take steps like that have announced that are great now or

walk away a lot of for auction in in full in part one company in order moviegoing conies in essence c.d.'s because the now the problem has eased the roof part of india which is the bigger part of the economy so not all of the companies are ready to be and he said that this quarter's group didn't want be included in the last quarter and how does this impact india's investment grade status because the economy is so hot it now. interesting you've been reading it in seattle waiting for the next quarter they have the day are somehow or the mistake about the fact that india's economy and the peace will bounce back from miseries be quick so what we said that would be has come out with their credit rating in which they have reduced the goulds tried to carry over no 13.7 percent to 9.3 percent it is a big number so right now everybody's you know read in what situation the people

are expecting that the government will come up with some stimulus packages but the government has already done what they would it would have done they are thing right when they were prepared for the 2nd so the economic impact is yet to be seen ok need to write their reporting from mumbai thank you and a quick look now at some other business stories making news. the colonial pipeline has reopened after being attacked by hackers who carries gas from texas to the u.s. east coast hard line operators want however that it will take days before supplies normalised meanwhile panic buying at gas stations continues with the government warning motorists not to buy gasoline and plastic backs it can drop to 10 percent after tesla see 0 in on musk said that the electric car maker will no longer accept the cryptocurrency for copper chooses the reason environmental concerns as bitcoin mining uses vast amounts of electricity mostly generated the fossil fuels other krypto strapped alongside bitcoin. had something to chat about with chelsea

delaney in frankfurt chelsea how damaging is bitcoin mining really for the environment. this is a very hotly debated issue right now what's clear is that bitcoin does use a lot of energy to the mind it requires a vast network of computers and those use a lot of energy it's estimated that that it takes up about $148.00 terawatts of energy every year that's the same amount as a country like sweden or malaysia so it is a lot the question is where is this energy coming from proponents of bitcoin say that actually a majority is coming from and renew a bull sources but others say that actually most of this is being of mind and china and coal intensive areas so there definitely is a concern that this is being fueled by buy on environmentally friendly energy and of course all of this is turning a trend around could must commines this would be the beginning of an empty krypto

trend short on supplies. i think musk is really the trend setter for for the cryptocurrency market so if he's being hit with these concerns over sustainability if he's having to change his business model i think it's likely that was the other companies who had really warmed up to bitcoin also have to start to consider the same sustainability aspect of that in orange interesting josie delaney in front food thank you so much. going green sounds like a good plan but they're all strings attached take grease the country promotes alternative energy such as wind power plants more than 70 such plans are said to be built on a remote island in the aegean locals there for years this will not only keep tourists away by the also destroys the island forever so who really benefits from going green our correspondent our reports from. from a ball it looks like an paradise this is the aegean island of

a mohawk it's an insider tip for visitors who prefer seclusion to tourism hotspots now a huge wind farm project this plant here and the island's. more goss' right here behind me on these hills to plan is to erect more than 70 wind turbines and the locals here are concerned of this will result in lasting environmental damage and irreversibly changed the face of the island. your course is a god heard here for generations his family has tended to while to go to. the noise from the turbans will affect their habitat sats or done action i thought it would be. if there is a noise over your head to go to avoid the area all of this will be destroyed i don't think they care about the people and i'm not a horse what they care about is profit. or let me go look out of those

things and we are observing a meeting of the locals a civic movement discussing the controversial plan their call is clear but i'll stop how can we step on the brakes year and stop all of this make an estimate this may but 1st of all we need to inform others about what's happening there you're the one who even use the word back and i mean what is the investment in greece anyway if for example we put up 70 wintered in the o.b.d. 5 percent of the profit goes to the investors to. buy this last version of your leverage they give of you with all of those years ago the group has created these illustrations to show others on the island how a horse will likely change we reach out both to the government and to various foreign investors for comment but no one wants to grant us an interview when parts already exist on other islands in the g.n. like this one but it's inhibited the greek government has recently amended

a law to grant permission to investors for wind projects rivulet long administrative processes that is a good thing says ferber can do already where devices the government and green energy greece needs to achieve the common goals by 2030 and going green is not a choice she says but we need to engage the stakeholders and make them call nurse all of then your project for the project to succeed we need transparency from the government from the private investor and from the local community transparency that's exactly what's missing the people of i'm of course have filed a lawsuit to delay the project. well that's your business update here on t.w. for more on these and on other business stories do visit us online at www dot com slash business or you visit us on facebook and twitter for now for me in the team

in berlin thanks for watching we'll be back soon stay safe. place. this ideology may apply to soccer but it doesn't always apply to the manufacture of soccer balls there's a lot of money. most of the world soccer balls are made in feel comfort. the visit a company here's the fairtrade scheme. made . d.w. . we've got some tips for your bucket list.

corner. hot spots for food. and some great cultural memorials to boot. double trouble free go. if you're going for a drive cycle the wall crowned parts of germany any time lately you may have come across huge advertising billboards asking the question if we can stop global warming.