is estimated to be around $60000.00 and now that another species has been re discovered the hunt is on to find more in the hope of saving it from extinction. and set you up to date. i'll have more world news at the top of the hour. rob, what has your business updated next? ah, the news. people in trucks injured when trying to see the city center more and more refugees are being turned away. families to be treated. people

getting 200 people around the world, more than 300000000 people are seeking refuge. why? because no one should have to flee. make up your own mind. w. need for mines the the holding corporations accountable for abuses by the suppliers. germany's rolling coalition agrees on a new supply chain law companies will have to make sure that products the saw without harming the environment. all work is right. both coming out don't call them green goals, but other cato, the currently doing

a roaring trade on the black market, will make the south african farmers who are fighting for free. and after years of suspicion and sanctions from the west, the ram and sweeping new partnership, china 1st, ordinary ordinary ordinance reigns on tim press, assist, database business and robot in berlin. welcome to the program. germany's governing coalition has agreed on a new law aimed at stuffing human rights abuses across global supply chains. companies would have to ensure that that supplies are biding by both labor and environmental rules. some industry groups have criticize the legislation, arguing it impractical for firms that can have thousands of the flyers got around the world that passed by parliament. if passed by parliament, the company is violating the rules, could face fines or be excluded from public contracts. starting from 2023.

his tell us more is reporter chelsea delaney. just explain just what this will actually mean for businesses. well, the goal of this is to stop the situation that we've seen over the past the past decades, where companies something able to say, you know, that's not our problem. we don't know what's going on and the supply chains and the suppliers really far away. what this would basically require these companies to do is look at their supply change, which can really stretch the entire world and figure out who their suppliers are. and whether they're abiding by environmental rules by human rights rules. whether you're using child labor, whether they're paying workers fairly as or for a lot of companies, this will require really drastic changes. they'll have to put up and perform these new systems where they are checking the compliance with all of these new off with all of these new procedures. other companies, especially the big multinational like dime. laura deaton sort of already have started to build up departments like this, fighting environmental harm and

a piece of work, right. seem like a good thing, but nevertheless, this law has been controversial. mine has been very controversial in part because of how difficult a task this really is. if you think of a large company, diamond, for example, they have 60000 suppliers and that would in the idea of this law, they would have to check every one of those and make sure that they're not violating any of these rules. as that, there is an idea among some businesses that this is just impractical, but it's going to make german businesses less competitive internationally if they have all of a sudden these new bureaucratic costs, all of these new things they have to do that it will make them have to raise prices and things like this. the german government is saying that they're, they're trying to reduce some of the rock received. this will only apply firstly to companies with more than 3000 employees later will imply to apply to people with companies with 1000 employees or more. but it also says that this is going to be

proportional, so companies will be responsible for their direct business for their 1st line suppliers. but after that they'll, they will have to respond to complaints. they received further down on their supply chain. the business services will be feasible if it's applied globally, so we expecting other countries to get on board, particularly in europe. i think that is something we will see soon. france and another one's already have logged like this. and the e u is coming forward with a proposal for a similar legislation, probably by the summer. it could go into effect maybe 2020 to 2023 as well. so there definitely is a lot of a lot more discussion over laws like this that we could see play not around the world. chelsea delaney reporter. i still bring it up st. now the global then in a card, a sales is a bonanza for many exporting countries. but the green gold is it's sometimes known

. he's also attractive to thieves in places like south africa, organized gangs, or a burden on the industry, which is calling for stiff penalties. a convict of fruit steeps was private security guards patrol the of a car fuse of sending a small town in the north of south africa, marius jacobs, and his team on the look out for potential thieves. they check around 20 plantations each night and he's getting go call it getting got something that was very easy on the black market. and the pharmacy awning a very close the 25 hector as best from no spit, only 2. well, it export some one and a half 1000 tons of condos, mainly to europe every year. thieves have struck you around 20 times over the last

3 years, despite huge investments in fencing and private security firms. even the firm of this size can't afford to fence itself off entirely. pharma adrian ernst, smaller firms even less so. at the same time, the gangs are becoming ever more professional. in the past, the generally thin, thin to be a situation where people would come in and feel the fruit and sell it next to the road. nowadays, it's getting washed, backed into proper boxes, shipped with proper transport into proper markets and organized markets. even the harvest begin in march packaging facilities are running at full capacity, but it's also high season for thieves. the farmers are now calling for more help from the government. if that can be hot to people who are taking things unconditionally is

then we'll be safe. but as long as the penalty it's, it's the right everybody to come and do it every one to do so that it must come from the government. the promise very that their own security measures will only be effective for a limited time until the thieves come up with new strategies for getting their hands on south africa's green goal. now for look at some of the other business stories making headlines, nigeria has signed an agreement with some of the world's largest oil companies, including shell, and exxon mobil. couldn't billions of dollars of investment in an offshore oil field. according to the nigerian national petroleum corporation. i g area is africa, the leading oil producer and exporter the number of people in the u. s. meeting claims for jobs. it's dropped sharply last week. just over 400000. that's the lowest level of the panoramic so far with the us economy growing is

a robust annual rate of 6.4 percent in the 1st quarter. many employees are struggling to fill vacant positions and the u. s. and china have held their 1st conversation on trade ins. joe biden became president, china said the phone call was frank pragmatic, and constructive. china is pressing by him to unwind his predecessors, terrorists, but disputes over the us trade deficit. and chinese human rights abuses remain. are known as the green link and ames to secure germany's clean energy supplies for the future. a 600 kilometer cable connecting the energy grid of germany and norway has just been inaugurated the mega projects known as north link will enable surplus energy from german solar and wind farms to be used to satisfy norwegian demand. meanwhile, norway's hydro electric plants can now support germany's grid when there isn't enough sun or wind to go around. the link is

a key part of an energy transition plan by the german government, in addition to nord link for other energy routes in the pipeline. there intended to ensure that will be enough electricity to go around, even when germany has closed most of its nuclear color and gas fired power plants. but let's hear from german chancellor angler merkel on the she's been speaking as nord link isn't the greatest he'd annoy and i don't every new orleans helps to provide supplies of renewable energy and from florida to the regions with consumed . what does that mean? increase assurance of supply opposition. think nodding that will take place across, bought us, get us. that's really all you got the lender grants german chemicals make a buyer says it will not increase the $2000000000.00. it's put aside to deal with law suits every round of weed killer. the company, however, says it'll review its plans to settle 30000 separate claims by is trying to limit the future legal risk of the product which claimants say causes cancer. the company

says that the link is unproven. on wednesday, a judge in the u. s. reject advised proposal to offer compensation can exchange for limited loss. now as western nations work to revive the nuclear deal with around china has been strengthening its own ties with the islamic republic, emancipation and ron reached a deal to trade chinese investment for iranian oil. but that's concern over china's growing influence staff from both outside of iran, and with it turn, his presence in iran is on full display on the streets of tehran. john gun don't send jack, i'll just pre at the chinese color brands available in the country. and they gradually replacing european models it's a reflection of iran economy or says cyrus resahi. he runs

a consultancy firm into iran and advisory 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 is decided that he cannot wait forever for j. c. p. away or for a break through between you on, 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 involved spacing, 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 because we haven't been told the details of the deal. 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 that,

and i go by the hotel going to, i hope that we, the people get something out of the deal. otherwise deals like this or, you know, used to us iranians, facing a number of challenges. unemployment and inflation arising, 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 was a lot of our top business leaders and engineers have been educated in places like germany and austria. and so they have this affinity for european quality for european innovation. and fort 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 that daily live here will become easier again. and i saw from the business team here in berlin for more to head over to our website dot com slash business. you can also find us on facebook and twitter seems to be a business thanks for watching. and if so, next time, the news in the africa mega is what's in store with what i have for their future. w dot com for megacity multi media insight. click and enter

the link. when i asked games are still me with an in killed. many civilians come including my father was i was just i wanted to build a life for myself. totally. but suddenly life became alice, kind of providing insights, global news that matters. v. w made for mines. ah, this is 11 years a shark coming up today. the impact of government 19 on india children many have been forced out of school on african orphans. and that's just some of the problems facing india, as most well known about as far as non stop health, official says he doesn't foresee of nevada's crisis unfolding in the country like that in neighboring india. but he's done enough to stave off disaster

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