yet the olympic count down continues, despite all the protests, this is the w news coming to you live from berlin up next we've got business for you. chris kolber will be here telling you all about the breach. what's being called the great realignment. that's a global solutions summit. you can find much more of course on our website. that's d w dot com. i'm terry martin. thanks for watching. the news . news. the news. happiness is for everyone. human penises are very different from primate. we have a totally ridiculous romanticized view nature,

a there and david and this is climate change. regular happiness in pre books, smarter for free books on what secrets lie behind the discover new adventures in $360.00 degree and explore the fascinating world heritage site w world heritage 3, get the app now me the calling for a great realignment, leading thinker, get together on line to discuss life after the demick don't most people just want a return to normal. last the head and the global solutions. sumps also coming up after more than a decade of talk, switzerland turns back on. closer ties with the european union will ask our

brussels correspondent what that means. and after a year of suspicion and thanks from, from the west, ran interface with the new partnership with china. but ordinary iranians don't seem to be impressed on 1st problem. welcome to the foreground. the current of our spend make has changed the world and highlighted human civilizations weaknesses. that's the backdrop to the, to day global solutions summit, which is kicking off today. it brings together $150.00 leading mines to discuss the most pressing issues. thanks the panoramic, the meeting will be held online. now the summit is looking towards an ambition, great realignment involving recognition that the economy service society and not merely in fade company balance sheets, calling for environmental protection. so future generations can still actually enjoy life on earth. and aiming to harness technology to boost social development. for more, let's bring in the presidents of the global solutions initiative, dennis,

nor are welcome to the w. then it's good to have you do german association of small and medium sized businesses calling on the government to scrap mandatory karone of our testing and working from home rules. looks like the winds of change already debating the winds of change must not the bait because one thing that the damage is top of is that there is no returning to the status quo. anti, the world has changed and we realize most people through the and then they to realize what's truly important in their lives. and it's far more than just material well being. they need to feel social solidarity, a sense of empowerment. us environmental sustainability and these are the things that we will have to measure. these are the things that forward looking

companies will need to achieve. and if we manage this, the g 20, which the global solutions initiative support is the biggest game in town in that regard. then i think we will achieve have learned something from this disaster. now, fair enough, but i think we are, can subscribe to the feeling that we want our lives. we want to freedom back. so why should people, countries, and companies change if it has been beneficial to them in the past? the behavior that they show the behavior in the past has been unsustainable. we are destabilizing our time bio diversity. loss is proceeding. natural resource loss is unsustainable. and therefore, we clearly need to do something with regard to the environment and to many people

across the world and developed and developing countries or angry because their communities have been weekend. they feel disempowered. therefore, the big protests against globalization, the time has come for that to be heard. because human well being depends on how we are embedded in our societies and how we can shape our destinies through our own efforts and all this is measurable. and once it's measurable and also governments require a lot of businesses, it will become a new normal. so we should see this as a watershed much as the end of world war 2 was a watershed dentist. those are all grand ideas. what specifically are you putting forward and how should it be implemented? what we're putting forward, and that's will be discussed at the global solution. summit is,

1st of all measurements of the thing. so we have a sage dashboard for solidarity for agency g for material. again, the for environmental sustainability of measuring these things, reporting on them, getting businesses to change their accounts and then change government systems while that needs to be done in coordination between governments and business and civil society. social norms already changing in many businesses, the changing direction. governments, together with those actors, need to move in a direction and decide 20 is good position to do so. then if nor are president of the global solutions and this steph, thank you for talking to the w. 3 scrap plans for

a sweeping new agreement with the european union after more than a decade of talks would have improved the countries access to the single market. now the 3 president side, the disagreement on key points for the break, including state 8 rules and use it is access to swiss social security. over $100.00 bilateral treatise currently govern ties between the block and the foreign country . but for many things, including electricity and health, that you will now treat switzerland as a 3rd country. european union commission says it regrets the risk. this is barbara visible is all correspondent in brussels. you joins me now for more barbara, they're working on this. they have been working on this for years. why are they scrapping these plans well? yet make quite, quite clear quiz this. it's the government and bern who has been pulling the plug on this and you diplomats, and russell says we regret this, but it was no surprise. we saw it coming because negotiations really had been stalling throughout the last 2 years. and for the swiss government,

the pointed come where they would either jump. and according to this with system of direct democracy, put this agreement to their citizen is in reference to them all those draw. and obviously they didn't see a possibility to sell this agreement to the public. and so they withdrew and said, ok, we scrap it all together, throat and the been, it's cost us thousands of negotiating hours and that is something that you particularly regrets. i mean, a tremendous amount, a woman and manpower has gone into these talks. and so we'll back to the status quo and absolute 0 in the relationship with switzerland. now trade, where the european union accounts for 60 percent of swiss g d p. where is the gun country going to turn to? it's going to don't know where, i mean this is a small country in the middle of europe surrounded by the european member states,

so it cannot go anywhere else. but what will happen is that they will just sort of stumble on the way they did in the past. you already mentioned it as it relates relationships are governed by more than $100.00, is single and detailed agreements about every and each aspect of trade and relationships and the single market axes and back and forth and so on, so forth. so this takes a tremendous amount of fine tuning. what will happen now, and that is what the uses they regret, is that the more than a zation, they sort of flexibility that you need as a single market involves switzerland on full anymore. so they will have to sit down with them and sort of talk about every detail and fix it. for instance, one of the roots that's just running out this week is the agreement on important export of medical goods. now switzerland has a big pharmaceutical industry. they're going to be in trouble with that as so yes,

difficult times said barbara, visual and brussel. thank now to some of the other business stories making headlines and you study has shown more than half of german companies have no women on their executive boards earlier. this year the government said it would introduce quota on executive boards, which is expected to pass the law before election. in september. the united states in china had their 1st conversation on trade since joe biden became president. china said the phone call was frank pragmatic and constructive trying to as pressing bind to unwind his predecessors, terrorist. but this feuds over the us trade deficit and chinese human rights abuses . roommate talks about the reviving the west nuclear via, with iraq or ongoing and china is among the countries negotiating the talks come at a time when beijing is aiming to strengthen ties with iran in march. both sides agreed on a strategic corporation providing chinese investment in return for iranian oil. now,

not only the united states, as fearing it could lose its leverage, china's presence in iran is unfold, display on the streets of tehran, john gun don't send and jack, i'll just 3 of the chinese color brands available in the country. and they're gradually replacing european models it's a reflection of iran economy or says cyrus resolved. he runs a consultancy firm into iran and advisors foreign investors. since the u. s. left the nuclear deal, he has lost 80 percent of his european clientele. a gap in the market that china has been quick to fill you on has decided that he cannot wait forever for j. c. p. away or put a break through between you on the west. the development of the country cannot wait . at the end of march, china's foreign minister visited iran and signed a massive deal that involves beijing investing around 330000000000 euros over the

next 25 years. the focus will mainly be in the energy transport and telecommunication sectors. in return, iran will provide china with cheap oil, but some iranians are skeptical. i don't think it was, you know, we haven't been told the details of the deal that's about i don't think it will be good for the way everyone's talking about it. it sounds like the government has told us that the chinese government, but it was going to, i hope that we, that people get something out of the deals. otherwise, deals like this are no use to us. iranians are facing a number of challenges, unemployment and inflation, or rising. the currency is down. more and more people are falling into poverty. and the new flagship stores are filled with chinese products that are too expensive for many iranians. the benefits of chinese investment have been of

little help to cyrus, resolved his company, but that may change. he also hopes european firms will return to iran. but a lot of our top business leaders and engineers have been educated in places like germany and austria and for so they have this affinity for european quality, 40 european innovation. and for the way of doing business with europe at the moment though, that's all still a way off for now. people in iran are hoping that the economy will rebound and the daily life here will become easier again. and finally, it was an extra ordinarily successful author, eric karl has died at the age of $91.00. if you don't know his name, you'll definitely know his most famous character. the very hungry caterpillar became a worldwide sensation when it was published in 1969 going on to sell over 50000000

copies in more than 60 languages. carl said he was inspired to make the characteristic whole punch pages by the children's books. he saw while grow in germany, something with law abuse, reminder of our top story at this hour. the global solution summit gets underway today under 50 leading mines are coming together on lines, discussing and vicious great realignment whole world, pastor dependent sharp. thanks for watching the news. many places not movie minuses, apparently hydrogen is being sold as a clean all rounded as the energy source of the future. many industries are very interested in the seal trophy. but what potential does that really carry?

made in germany next, d, w. d, w, crime fighters are back to africa. the most successful radio drama theories continues . all episodes are available online. course you can share and discuss on w africa, facebook page, and other social media platforms and fighters to in. now with the i me is it all just a lot of hot air. investors have been snapping up hydrogen related stocks as if the gas were in short supply. it's the most abundant elements in the universe like now

sun. but on earth, it's mostly extracted from fossil fuels and meeting carbon dioxide in the process. what's called trade is excited accompanies promised.