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tv   Business - News  Deutsche Welle  May 25, 2021 8:15am-8:30am CEST

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also wants to find a way to coordinate reconstruction in gaza without engaging its militant leadership . and this is eat up the life from berlin, visits he is, is up next fiscal over. you can find out more on our website that c, w dot com, back to the next. see the news. the news news to me in specie. an expedition into disney or the secret language of wales. exciting part of underwater listening. if you're getting a window into their,
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their life that you would never, you would never see a company or research team to the pacific to the language of wales june 4th on dw me the, the urban union agrees on new sanctions against the bellows. the force diversion of iran air flight 2 minutes to allow an opposition journalists to be detained has called outrage and the west. now bella plains are banned from you. aerospace, also coming up as the ear debates, climate goals. france says it has the answer. more atomic energy, but that isn't going down well with his neighbors. and sweden took a different approach during the pandemic avoiding la has that help its hospitality
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spectrum? we'll take a look. i'm chris couple welcome to program. your opinion has agreed on a new round of sanctions against bellows. you leaders are outraged. after a ryan air flight was forced to divert to the bell roof capital minced, where an opposition journalist on board was detained. the block as batting validation, airlines from us base as part of a new series of measures against the government of alexander lucas shanker, is also urging other airlines to avoid flying overpowers several carriers, including lufthansa se as an air baltic had already announced they were doing just that that's good morning, this from the w. brussels bureau chief, alexander phenomena, alexander what is behind the focus on the education sector here? well i think it's fair to say that your leaders were shocked to see europe ian plain being diverted and then forced to land in minsk. and many of them were
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saying that they think it's outrageous to understand that lives on european citizens might have been at risk. so that's why they are calling on the international civil of the ation organization to investigate this incident. and this organization has already signaled that bill or ruth might have violated the core treaty governing global obligation. the chicago convention leaders also agreed on widening the list of bell arisen individuals. they are already sanctioning. what is the block trying to achieve by that? while they agreed to impose targeted sanctions against individuals, but also against companies and business people that are accused of financing, alexander lucas shane cost regime. so you leaders are hoping that those sanctions are going to buy eventually,
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and that are going to have an effect on the cash ankles behavior. however, we also have to say that it's probably not going to happen as long as lucas shinkel has the support of russia. that is the most important trading partner for belie roof. it's also subsidizing its economy. now this summit that your leaders have been attending yesterday and today ad does get a lot before obviously this incident. what does the discussion on beller as a mean for the initial topics of the summit? like for the having the been damaged, like the ears, climate goals. while the leaders are going to talk about the pandemic today and also about the climate change. and the european union has agreed actually in this context on quite ambitious targets on the target of reducing emissions by 55 percent by 2030 compared with the year 19 and 90 so
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that it's something that are going to talk about today. however, it's still not clear how the european union, how the member states are going to achieve those goals. so the leaders will need the time to discuss this issue today. and i'm in the w brussels bureau chief. thank you. now when it comes to the question of reaching europe's climate goal, some are saying the use of nuclear power should play a stronger role after all, it doesn't produce any greenhouse gas. now, following the disaster in japan, fukushima germany is to phase out atomic energy by next year. but the neighboring friends, the mindset is completely different. it has the largest amount of nuclear and his energy mix worldwide. and the president who wants to keep it that way. for a long time, finished on the franco german board, the facetime nuclear reactor was always the source of friction for the 2 countries . partly due to its frequent breakdowns,
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partly as age. it was the commission last june, after 43 years. it pains my heart to know the power station isn't generating anymore, but it's all gone quiet avenue. yet other nuclear power stations will remain on line much longer than planned. in february, the french nuclear safety authority as an extended plant life spends from 40 to 50 years in the facetime region. a lot of jobs have been lost on the says nuclear power is the future of energy. the mayor is part of a cross policy initiative, lobbying for an expansion of nuclear power in france. he says, it's not just a matter of economics. new gala nuclear power, carbon footprint is one of the best a similar to wind power. but unlike when all was available, coming power helps the fight against global warming. committee. france remains
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europe's number one nuclear power plants to raise the amount of renewables. but hardly anyone there consider is actually phasing out the react is the village of food in lorraine with its population of 84 and in the middle of nowhere is set to become the centerpiece of french nuclear policy. the countries terminal radioactive waste storage facility will be located 500 meters. beneath these buildings. a few signs of protest are visible, but nothing like the resistance seeing that german radioactive waste depose farmers young pierre sim only against the project. one of only a few looking you'll be really good is that public opinion is very reticent. people don't really dare say anything bucklin. every one is more or less directly or indirectly connected to the project. for sheila,
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the nuclear waste will be chucked past his fields. simone doesn't think they'll be much foaming here once the deco becomes operational. now let's take a look at some of the other business stories making headlines around the world. joe and real estate companies, minova and out of warner, and i have announced a 19000000000 euro merger. the tie up would create a giant and the housing sector. it comes after protests against the companies which demonstrate or say, have fuel a housing crisis in cities like berlin, russia, communications. what stock has given google 24 hours to delete what it calls prohibited content. the flag, the videos, show drugs or violence and materials from what it calls extremist organizations where a repeat offense. google could be fined up to 10 percent of its total annual revenue . the value of the currency bitcoin has recovered slightly after tesla boss, muff off his criticism on the environmental damage of the digital currency.
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pressure has been mounting on bid kind. tesla said it would no longer accept the currency, and china says it will monitor more closely. additional data shows that the pandemic continued to weigh on the german economy during the 4th quarter. the federal statistics officers gdp contracts at 1.8 percent compared to the previous 3 months. the service sector was hit hard by a sharp drop and private consumption. cold weather also disrupted the construction industry for more than spring in our finance corresponding conrad booth and in frankfort conrad looking at this data. what strikes you more interesting apart from the fact that the german economy contract that by 1.8 percent? well, chris, in terms of numbers, the thing that's worth mentioning here is that this decline of 1.8 percent of our
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economy during the 1st quarter compared with the last quarter of last year. that's even a bit worse than the preliminary figures that the statistics office had come out with before in terms of the narrative behind these numbers. i think the most striking aspect is how much our g, d, p and germany. all the comic performance at the beginning of this year has depended on the slow start of the vaccination program here in germany. at how much germany's problems to get the vaccination program have really had a put a break on our economy. if we didn't have the manufacturers, the strong performance of our exporters, the situation, you know, the contraction the recession of our economy would have been even worse. come at so the economy in germany is struggling to kick into gear here. yet. if we look at the stock market, the dax is not far away from fresh record highs. why is that? it's pretty simple. investors believe that with this slow start of economy,
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i think at beginning of this year, the recovery will be even stronger. as soon as the vaccination program is on the way, which is actually happening right now, germany, that's not forget, the german manufacturers are working at full capacity. they even have problems delivering to the high demand because of supply problems. it's the services sector, it's restaurants, it's retailers, it's wholesale businesses which are lagging behind. but for them of course, it's only a matter of time that they can fully reopen. now that more and more people in germany finally getting there 1st and also 2nd jab against called it briefly, a widely regard as sentiment index in germany. the for business climate is to be published later today. what's expectations among investors? most economists predict that an increase of the e, f o business climate index. and of course,
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here to if it's where it's reflect the 4 index recovery of the services sector, it will have the potential to push the stop market a bit further up with contribution in frank for thank you. now for on much of the world, the answer to finding the spread of the corona virus was locked on. the mask very mandates and other restrictions on movement. sweden opted for a different approach. the countries shunned the shut down that many countries are now just emerging from, but that hasn't saved the countries hotel industry from crisis. the 1st total strand just opened a gas, but you can these days located in the coastal town. as soon as fall, the swedish hotel recently declared bankruptcy knob and we saw a small relief last summer and we thought that now maybe it will turn around. but then the spread of infection increased and it has not helped us because we didn't
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pans off. approach to the pandemic has helped to insulate businesses from deeper decline. but many including hotels have struggled to anyways, is the international travel shut down. and recurrent virus outbreaks made many swedes wary. experts fear the hotels bankruptcy is just the beginning. this is extremely critical. at the same time, it has been for 14 months now, but that snowball is rolling on so to speak, and is becoming more and more critical with each passing day. at the 1st hotel strand employees are hopeful that vaccinations and the easing restrictions around the world will allow this historic hotel a fresh start. and finally the u. k is honoring british rock band, the who with its own coin production began at the royal meant on monday, the band lead singer roger l 3 was on site to strike one of the 1st coins designed as a new module to the band. most famous hit the pinball wizard and shows
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a guitar with pinball slivers and a union jack flag, you can also on our david bowie queen. and john with commemorative coin lines. that's our show for now. for more check out our social media colburn bullet. thanks for watching and have yourself a successful day. ah, in the booming business of infertility, surrogacy an ag donation in germany. but elsewhere in europe, they are legal. can live german capital driven travel to other countries. the well denies industry a waste d w.
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these places in europe are smash, wreckers, me step into a bold and thanks for the treasure map for modern globetrotters. discover some of your record breaking signed on june. and now also in book for the one in 6 couples in germany, find they're unable to have children. it was the worst thing i could have imagined . i thought that i might never have a child. i think we shouldn't judge people options such as far as to see or using donor eggs or illegal.

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