courage, girls everywhere to spread their wings in any way they can. sciences have discovered a pristine coral reef off the coast of tahiti. in recent years, much of the news about coral has been about its degradation due to climate change. but a group of french scientists have discovered a 3 kilometer long reef of giant rose shaped corals between 30 and a 120 meters below the surface. they're beautiful, aren't they? the water there is thought to be deep enough to protect the coral from the bleaching effects of warming, ocean currents watch the w. news of next dw business news with chelsea delaney to garage of direct ruth so i'm just kinda,

i want that's hard and in the end is a me, you are not a lot of to you anymore. we will send you back. are you familiar with this? with the smudges with lions of the what's your story. ready i mean, wasn't, i was women, especially and victims of violence in take part and send us your story. we are chain always to understand this new culture. so you are not a visitor, not a guest. you want to become a citizen in phil migrants, your platform for reliable information. i ah, get ready for $100.00 a barrel, oil, strong demand and rising. geopolitical tensions have since the prices for crude oil

thorough a. europe aimed to rein in big tack. the european parliament moves to impose unprecedented curves on online content. and we take you to turkey where record inflation shops have to raise their prices almost daily. we'll look at if the government is making things better or worse. chelsea delaney and berlin, welcome to the show. global oil prices have searched to the highest level and 7 years this week. but analyst are warning that this could be just the beginning of the price rally. some now expect the price of a barrel of crew to top of 100 dollars this year. strong demand and the price supply problems are largely to blame. but geopolitical tensions are also playing a role. smoke rises from oil tanks that exploded in the united arab emirates. the satellite image shows the aftermath of an attack by humans. iran aligned hootie rebels. 3 tanks exploded,

killing 3 people. the incident is still being investigated, but it shows how vulnerable the middle east is. not just the emirates, but also libya, and many other oil producing countries. geopolitical tensions also including the threat of a new russian invasion of ukraine, have caused a tremendous rise in the oil price within just a year. it increased by almost 70 percent. supply constraints are also adding to rising oil prices, petroleum producers, like nigeria and russia, have under invested in the sector. they expected lower demand because of the transition to green energy in many countries. demand for oil, however, is not decreasing. quite the opposite, especially in china, where the middle class is growing and with it, the demand for heating, oil, and gasoline. now for more in this year and quarter,

our correspondent in new york joins us now. so yen, what our investors saying here, are we going to see oil at $100.00 a barrel? well, actually some traders are saying it's not are christian if, but when oil will reach a 100 to a barrel. goldman sachs, for example, it says saying that could already happen in the 3rd quarter of this year. clearly that does depend on demand. what seems to be pretty strong, more and more countries are using a coven restriction. so that is helping and then on the other side, we have supplies and they don't seem to get too high at this point. the opec plus countries, for example, are having difficult just to even meet their production quote us at this point. so at this moment it does look that actually we could see $100.00 that at the end would also depend on production in the united states and will also depend on demand

. for example, from china, the 2nd largest economy on the planet organs. you mentioned that there, why is opec plus wire oil producers in general having such a hard time just pumping more oil? well, i mean, if you look at the united states, what has been the biggest them producer on the planet in the past couple of years? a lot depends. for example, on the permian basin, that's where the shale production is taking place here in the united states, especially early on in 2020, with the pin demick started, oil prices plunged. and so a lot of companies actually decided to take down those sale for production. and it does not work like a light switch where you can switch it on or off. so it takes time and investments to get production going again. and then we have those geopolitical tensions. pardon me, for example, in africa while open plots is not a meeting that production a,

quote us at this point. yes, credit quarter, new york, thanks so much now the european union says it's time for the life of facebook and google to face more scrutiny here. the european parliament has now agreed to a proposal to do just that. it's called the digital services act, and it means that those mostly american tech giants would be required to do more to tackle illegal content on their platforms or risk, huge fines before it can become law and must be negotiated and implemented by you member states. that's a process that is likely to take many more months. but the dna is also raising concerns that it can be used to restrict free speech before that vote d w. brussels. your chief, alexandra nomine. caught up with more it's corner a member of the european parliament who helped write the bill. she asked him how far it's curbs would go. the big classrooms we, they,

they have to stick to the roots. we make sure that illegal content is taken down by the platform, but we also make sure that there is no censorship in the, in the digital world that we let things online that are legal and that we make sure that there is no big app load filtering and so on, we had huge protests by, especially young people a few years ago and we make sure that we strike the right balance here in regulating big tech. now over to turkey, where president roger tire air to one has pledge to bring down the country soaring inflation, but many blame his policy of keeping interest rates low for the current crisis. our correspondent and drill julia han reports from assemble. for the m n g has to print new price stickers build eggs toilet paper. almost everything he

self in his small shop in the stumbles, cutty co district has become more expensive again. i'm, i did actually take this pack of past to, for example, a year ago, i sold it for 3.5 liter us. now it costs more than twice as much. that's not normal . manufacturers and wholesalers are hiking prices several times a month. and d, m and g has to do the same. sometimes he says he is barely able to keep up on for another reason. i've been a shopkeeper for 10 years, but i have never seen anything like this right now. the wholesalers don't make a profit. i'm not making a profit, and the customer suffer to on the nobody wins, every one is losing, are no longer shronda all around the world. nations are grappling with rising inflation due to the corona, virus pandemic, entire energy costs. but the price spikes here in turkey have been exacerbated by a dramatic depreciation of the country's currency. the lira,

according to official figures, inflation has sought to 36 percent. that's the highest rate in nearly 20 years. yet many think that even this i popping figure is an understatement. ruggedized for i think inflation is higher. everything got at least twice or 3 times as expensive, which with electric charges up us. we know exactly what we are paying at the supermarket. i think it's 50 percent or more. i'll fly now. ma'am, i've been running around for 2 hours trying to find cheap bread. i think we're seeing 100 percent inflation right now. garbage rubiser on social media to anger about the price explosion is growing. this twitter account with more than 100000 followers, is called inflation diary users post photos showing changing price tags in grocery stores. i also use the shallow president, reggie of ty, about once economic policies have so far been unsuccessful in court. nevertheless,

he says he is convinced that price is will soon full of them are good for economist . good am i to abide disagrees. she projects that inflation will likely rise further. you roading, incomes and savings. you started from that is that towards the end of the 1st quarter, we will see inflation rates of 50 to 60 percent. the real problem is that president add one thing, sees the chief economist here in the country, and every one else doesn't know anything that will only change with an electron and a new government to in vicious you to the next elections in turkey aren't officially due until 2023 shop own of what the m n g does not know what will happen in the meantime, but he knows one thing for sure. the next price hike will definitely come. now from mecca, that is to villages in asia, motor bikes rule the road. green e bikes offer an alternative,

and with battery charging stations becoming more common, the green to wheelers are picking up speed. like many people here in taipei, aiden lee hits the road on 2 wheels. but when his fellow riders have to head to the gas station to refuel, he goes to a battery swapping station. instead, you'd have to go to woods in metro taipei, it used to be really inconvenient to swap batteries. but in 2017 or 2018. there was a rapid expansion of stations. you see a lot of them as you walk down the street. lee is a go guerrero user. the taiwanese start up has 450000 subscribers, that swap an average of 330000 batteries every day. and for li, the green alternative only costs about 10 percent more than he would pay to buy fuel every month. over was started in taiwan. electric to wheeler

only made up less than one percent of the overall sales of 2. we live in the market today. now, after we started and in just to 5 to 6 years, we're good at market from less than one percent, to not over 10 percent overall in taiwan, google ro likes to compare the ease of battery swap stations to vending machines and says they already number gas stations and 4 major taiwanese cities. the firm has big expansion goals for 2020 to go. guerrero wants their stations to out number, all gas stations in taiwan. and then going after the world's largest to we'll a market, india, china, and indonesia is what we're focus on. for the next phase are taking really all the lesson learn and all the capability and all the technology that we have developing taiwan. and then going into those large markets to make an impact go. the ro is now

looking at a nasdaq listing in the 1st quarter of 2020 to the new business is expected to be valued at over $2000000000.00. not bad for 2 wheels. now, french champagne sales rebounded last year despite many restaurants being closed due to corona virus restrictions, the producers federation says 322000000 bottles were sold in 2021 and that more people are drinking champagne at home. sales were up with in france and abroad, so much in fact that don perry on and mo, at, and shanda and saw shortages. and that's all for me and the team here, and berlin and thanks so much and see you next time. ah, the italian government just demolished this man's house father used to be his

father built at decades ago when the mafia was profiting off of the home in shortage. and more people here could soon find themselves homeless due to forces beyond their control. the mayor of castle, the printer bay is trying to put a stop to this focus on europe. next on d, w. and the battle against coven, the only variant is putting healthcare systems around the world to the test. vaccination campaigns are accelerating, while restrictions are intensifying. once again, but or these measures enough to stop the spread of omicron fax data and reports cove. 19 special. in 60 minutes on d w. o

thinker is a sports guy, the colors and the children in this mountain village. oh the ah, can everyone deal with them regardless of gender? wears blue, the color of her favorite sexes traditions prevent her from going to games and play an insurmountable obstacle. little girl football on the peak starts february 4th on d w. ah .