sealed at nearly 50 meters, the labor crews and forwards goal is in the book as the longest distance go in the tournaments. history. you're watching the w news next. the w business with rob wants to stick around. he will be right back. the guys who can you hear me now? yes, we can. in germantown, we bring you angela mackerel and you've never had before. the price just so what is, who is medical really important to people who are fully along the way. myra and critic join us from actually the

interest of the global economy our portfolio w business beyond here is a closer look at the project. our mission analyze the fight for market dominance. with the w business beyond the oil hit its highest price for nearly 3 years researching economies. mean ball crude as needed. i'm us sanctions on iraq. i mean supply isn't what it could be. we'll speak to corresponding to new york. president biden is in brussels. he'll be talking training with your officials, having already urged allies to help challenge the dominance of china. impact your

tooth brush and beach towel, sunny spain is calling, but tourism return. there are questions about how we can become more sustainable use of your business, imo, bought in berlin. welcome to the program. crude oil has hit its highest price in 32 months as the global economic recovery gains momentum. the rise is also being held by sluggish talks between the u. s. and iran over a nuclear to the radians voting and presidential elections. this we can imminent and to american sanction is looking unlikely. a deal could mean a flood of iranian oil into the market, lowering prices. but in the meantime, they continue to rise as loosening pandemic restrictions increased demand for crude cost or financial correspond to new york young quarter high young's. the oil market lease seems skeptical that washington will lift the sanctions on iraq anytime soon

. yeah, well, i mean, if the negotiations between iran and the u. s. so go, well and if the united states would lift that the sanction soon, that would mean that hundreds of thousands of barrels of oil would flood the market . but those are a lot of if and obviously wall street does not really believe it. and so for now, what the market is focusing on is especially that demand for oil from industries, but also from airlines, from drivers is increasing. so more demand and then on the other side, they could design that. we might see, let's supply for once also on wall street here on my back, it's become much more popular to invest into sustainable energy, not so much in a field fossil fuels. and that could mean that we might see some pressure on supply . and therefore, there is a lot of talk on wall street that we might even see $100.00 per barrel. again,

at some point for now crude us on top off for $70.00 a barrel since the beginning of the year. that means that oil is up by about 40 percent, while prices rise, so has value bitcoin and again it's down to mr. musk. what can you tell us? yeah, well i don't really understand why the crypto market is so keen on getting any new words from l on must by dwell that the story. so whenever he tweets something, bitcoin or other crit, those go up or down here at the beginning of the week. masika basically said he would be willing or his company tesla would be willing to accept bitcoin to pay for vehicles if at least 50 percent of the mining for the bid codes will be done with renewable energy. that is a big criticism bill. it has been a big criticism lately. just to give you an example, a go mind bitcoin basically take as much energy as the entire country of iceland

tina consume store for one bit calling that a transaction. you could also watch about 55000 of your videos. so therefore this push to get more renewables into the bitcoin world when that's going to happen. who knows? but because we're up at some point by more than 10 percent, and traded back at around $40000.00 a p. m quarter. neil, thanks now. yes, president joe biden is continuing his european tor is now in brussels, where china trade terrorists, i'm tech regulation are all on the agenda. the president is determined to use his best foreign trip to unite allies to counted paintings. rising, influenced by this plan, has already made progress with g 7 liter. adopting a method infrastructure plan to rival pacing massive road investment. more on president biden's china policy, his financial correspondent,

chelsea delaney. one of joe bind's main goals as us president has been to rebuild america's relationships with its allies and part about the rising role of china. we are starting to see that bear fruit to some degree. the infrastructure structure program announced over the weekend as well as the proposed us use semi conductor alliance. it's scheduled to be discussed tomorrow in brussels as part of larger trade talks. at the same time, the e u is still very reluctant to choose aside between the u. s and china be you is concerned about human rights abuses by basing, but the chinese market is still paramount for a lot of european companies like mercedes, benz b, m w. and as we heard from a lot of g, g 7 leaders over the weekend, it's imperative to collaborate with china for global efforts like climate change chassis delaney that now let's take a look at some of the other business stories making headlines. morocco is hoping, taurus destinations like this one will soon be full after launching its own back to

the passport screen. this month pass allows fully vaccinated individuals to move more freely after curfew and travel domestically and abroad. the launch is part of it came to the reopening process. tourism is a key part of the countries, the economy around 5 percent of americans work in the industry. california is looking to convince is residents to get covered 19 vaccines with a price rules and $6.00 vacation packages. it's on top of the big vaccine jack for this week, where 10 people when $1500000.00 each. the draw for the vacation lottery is set for the 1st of july. our alameda, germany says it will increase its climate funding for developing countries to 6000000000 years a year by 2025. from the 4000000000 paid in 2020. a government spokesman gave the updated target. see we can g 7, someone and switzerland has not really rejected new environmental measures including a surcharge on coffee or a new taxes on flight tickets. the result of

a we can referendum, makes it difficult for switzerland to reach its goal of cutting carbon emissions on becoming net neutral black, 2050 like cubans are struggling on multiple fronts. at the moment the current of ours pandemic has been a disaster for the islands, crucial tourism sector. and now there are long choose the countries banks. why? well, because the government has enough financial institutions are about to stop accepting deposits in u. s. dollars. if you have foreign currency here, you can my, whatever you like on the black market and in special shops. the money comes from tourists and from cubans living abroad, but starting june 21st. that will change cuban banks will stop accepting us dollars . letters will assume the resolution establishes that cuban financial institutions such as banks or currency exchange offices may no longer accept dollars in cash, neither from individuals nor from companies. who do you guys de la monia

cuba having more and more difficulty redeeming its dollars abroad? something it blames on sanctions. you get too much in with it is an essential unavoidable measure that our banking and financial systems have to take. there is no way of avoiding it when it's a measure motivated by the united states economic brocade helps the move serves to make the dollar less attractive domestically and strengthen the countries pay. so yet on the black market, the dollar is still trading far above the government's official rate. across the atlantic, after locked downs and travel restrictions, europeans are ready to pack their bags and take a vacation. but holiday destinations such as spain worry that to return to mass tourism could jeopardize efforts towards a more sustainable industry. the custody of so then southern spain is renowned is

one of the most popular destinations for mass tourism. there's a lot of talk about sustainability here, but very few of the resorts, hotels were built to conserve resources and save energy with perhaps one exception in this sea of mega hotels out in hardy marino. but it's a boutique hotel with $36.00 rooms, and it's fully sustainable. society doesn't have that awareness yet. we're just getting the area and the industry itself doesn't have that awareness either north town or not far away. jose dummy, andrew easton, olga looks at my la guy with its almost 600000 inhabitants. it's the birthplace of because so, and the tourist have of the cost the del sol, for this kind of sort of the region. there's no way around sustainability. i gotta demographic, burden on the coast is too high. we need to move toward a balance that shouldn't be fixated on the traditional tourism game on each because that's gone. w think also very seasonal. and this all the time we money,

the mulligan, local politicians feel they're on the right track. they want to attract visitors who are interested in culture and they want to show off their nature reserve near the airport. their goal for the future my, you know, my respect, you know, we don't want to attract more and more tourists. we want quality choices. so that not only the tourists enjoy the city, we live there, do to go more muscle. but mulligan, unlike other cities, is failing, achieve that goal. the residence of a longer near the district have complained for years about rising rents and the consequences. i was as a panic when that the only sustainability took care of the area, protected residents, neighborhoods in businesses. anything that gets in the way of that it is not sustainable. there were 6000 tourist departments in mulligan alone. many residents

have had to leave their homes in the long run. successful tourism in the area will have to respect its residents and the environment. the most of the tourism has to move away from the stereotypical image of the backpack. it's about the conditions under which people work, sustainable employment, and the social and cultural footprint. horse just leave behind him back to which i could get home to restart unless you guys experts are concerned that once the tourists are back, the pressure to change may wayne. and lastly, forget to have a very different kind a seat on a space ship. right. with amazon found a jeff base off went the $28000000.00 during a live auction this weekend and followed a month long process for the sight seeing trip on board. the, the blue origins maiden voyage on july, the 20th, the bidding close 7 minutes after the auction began. the identity of the window was

not revealed. flight is expected to last just 11 minutes, taking the passengers to the very edge of space phase of the other people on board can expect to be waitlist and observe a curvature of planet. just like that's all from in the data. we business team here in berlin from all to check out our website, dot com slash business to buy the the, what's going on here? no house of your very own from a printer. computer games that are healing. my dog needs electricity. shift explains, delivers fact, and shows what the future holds. living in the digital world.

shift in 15 minutes on dw the news. 2016. that's a good bunch of the clean cars. i want to see if germany was the last few years, have been quite a ride, getting in touch with the over it on the home when it comes to germany. and of course in the iceberg is perhaps the biggest on a new hobby of mine. i'm going to recruit to be in the news. every person ever comes. when you're feeling together, you'll realize it's coach. it's another way of living. are you ready to meet the german then join me, right? just do it on the w. the. how is it? or we can win my 1st care effects of climate change. i mean, what are the things in the rain forest continued carbon dioxide emissions have

risen again young people all over the world are committed to climate protection. what impact will use because change doesn't happen on its own. the make up your mind. w me for mine's ah ah. the festival they said never happen. god, it's red carpet and glittering gowns. after all. who knew the burden international film festival from a special could literally be in the welcome to us and culture from.