spots, reminder of the top story we're following for you. a president, a burkina, faso rock, cowboy, a has reportedly been detained at a military camp, admits concerns of a potential coo and the west african country. have you gone? fire was heard around the president's residents in the capital walker do overnight . watching dw lie from berlin up next dw business with my colleague, steven beards late this time, looking at one farmers fight for the climate fanatic while awesome, thanks for joining us. ah. one of mankind's oldest ambition could be within reach or

what is it really is possible to reverse aging researchers and scientists all over the world or in a race against time. the dna molecule, though, has 28000000 different our glasses. they are peers and rivals with one daring gold to outsmart nature. one of the most insightful discoveries in the history of mankind. on the brink of eternal life, starts february 16th on dw d. ah, economists imagine what could have been had there been no pandemic, a new study out of germany estimates the output that didn't take place over the

last 2 years because of the virus. and it's not a small figure. we'll talk to one of the researchers also on the show, it's the world's 4th largest country by population. and it needs more electric vehicles to meet its emissions. goals will go to indonesia for look at the countries plants and poland was supposed to adopt the euro currency after joining the e. u, but has held on to its beloved swati. while the growing gap between the 2 coins change warsaw mind, we'll take a look. hello, welcome to the show. i'm see from beardsley in berlin. well, here's one price tag for the pandemic. 350000000000 euros and output that never happened. and that's just for the german economy. the new figure coming from a new study by the german economic institute in cologne to looks at the countries last output. technically its value added over the past 2 years. the biggest share was by far on the consumer side, amounting to 270000000000 euros and loss output. businesses also contributed. they

held back 60000000000 euros and spending, as they kept their cash on hand. at the new figures do not include totals for 2022, not and yet. and for more on this i'm joined by me child grumbling. he's from the german economic institute cologne. he was an author of this report because good. have you on the show. put this into perspective for us. what does this figure? 350000000000 euros. what does it tell us? well, it's sir. all right. looks like we're having some technical issues there. we match up there and that makes around 10 percent of g or all right. i think we're gonna move on now. we'll try and come back to michelle a little bit later. let's move on to one of our other topics. and that means going

to indonesia, countries around the world are promoting electric vehicles as part of their broader net 0 plants. we want to take a look at indonesia, that's one of the world's largest countries. by population, the government, they're aimed to reach net 0 emissions in the transport sector by 2050. but a recent study points to just how big an undertaking that could be. just by the end of the decade, 110000002 and 3 wheeled vehicles, 3000000 cars, light trucks, and nearly 2 and a half 1000000 buses will all have to be battery powered in order to meet the goals by 2050 of having a net 0 emission sector. now indonesia also wants to become a new center of battery production. and it has an advantage. rich nichol deposits. now the country minds a quarter of the world's nickel every year. that's about 800000 tons, nickel, of course, a crucial raw material in battery production. indonesia has therefore imposed export restrictions on its nickel or to save lots of it for its own production. now

for more, let's bring in d w. business reporter. not in fresh lot in jakarta, and i don't think that's nadine. i think that's michelle again. let's see if we can get her on the screen. here she is. are i not a good to have you here? how realistic is this timeline to get to net your emissions by 2016. i believe i'm right. as 2050 for the transport sector. a given these figures that we're seeing, the figures in the study, actually they suggest that it's a harder road than jakarta on figures. is that right? yes, yes. so the way you put it now, i mean the study that we just saw, the figures from a home and dependent think tank but created a model for how indonesia could know in theory reach is carbon neutral goal and shutting it along. sectors like transportation, power, generation and so on. in indonesia itself, the government that's responsible for the transition of the electric grid. it

actually has much, much lower goals for the other clarification of transportation and with regards to readers. i think it's only for the 13000000 versus 110000000 that you saw. so yes, there is a huge gap and perception inhibition when it comes to that. and it's just the, you know, a testament to how complex it is to shift an entire transportation system to electric. all right, so, so the other, the, the more realistic though at this point, ok, so some problems out of the gate there. when we look at just a discrepancy in numbers, to what extent, nadine, are indonesians already driving electric vehicles? so steven, and it's really still very early days. and the adoption and indonesia is driven largely by electric to wheeler, so that you know, small motorcycles or motor scooters if you will, that are already being manufactured locally or

a few brands that make these electric to wheelers. and you see here and there, you know, the 1st battery swapping stations popping up that's been a visible change to some of the bigger cities. but if you look at it in hard numbers, i think you know, it's probably still in the low thousands get these electric motor bikes are actually on the streets. and when you look at cars, it's even much lower than that lectric cars are still out of reach for, you know, most indonesian not here in germany, for example, to encourage people to buy electric vehicles. there is a premium other people receive back on the price of the car. that means for a lot of countries, there are these financial incentives that require state spending. what kind of burden are we looking at in terms of investment? not just for public, but also for private. right. and that's another thing about this transition. i feel like in indonesia, lot of the this adoption for to wheeler them. probably also, cars will be carried by the private sector. and interestingly, you know,

it's companies that have large motorcycle fleets, like all right, healing companies go jack, grab and also delivery companies, lakes each, a pants who are taking the money and investing in the sector. they are actually are forming joint ventures and creating manufacturing companies to come up with their own electric to wheelers. and also coming up with financing models to get, you know, their drivers to make the switch. and with regards to government spending that has focused mostly on the battery ecosystem that you had mentioned earlier. so there the government has really laid some heavy investment commitments and we'll see how it pens out. it's formed a large state on enterprise that's supposed to develop this better ecosystem from the ground up. and course we know that an electric vehicle is only as clean as the electricity. that's charging it. what kinds of builder are we seeing of renewable in indonesia? what are the plans for that i that's definitely like the even

bigger challenge if you will. indonesia, at this point is largely dependent on coal fired power plants. there is a phase of plan for some of the older are called power plants. and in terms of renewable energy, indonesia has just recently, i think, are begun work on its largest floating solar power plant, which will be the 1st utility scale solar array in the country. but even there, i mean, it's the same. we're only really starting to make the 1st serious steps right now. all right, not in fresh law. joining us from jakarta, thank you very much. thank you. and over to europe, serbia has scrap plans to vote a lithium mine or a lithium mine after weeks of protests and road blockades by environmental activists as a victory for those who took to the streets. but how long will it last? despite repeated intimidation from authorities,

thousands of protesters marched to the capital city of belgrade and other cities for weeks denouncing the project on environmental grounds. leaders of the balkan country had promised mining giant rio tinto, $2400000000.00 to build a lithium mine in the western part of the country. lithium, the lightest metal is used in rechargeable batteries found in many consumer electronics and an electric cars. serbia's populous government expected to capitalize on the countries natural deposits when they made the deal with the anglo australian corporation. but after grassroots pressure, they conceded and canceled all plans for the mine east, for nearly half full sales, all the requests of the environmental protests and put an end to rio tinto in the republic of serbia. really thought everything is finished or it's over. critics of the government believe the administration is just trying to appease voters and that

it may have other plans after april general election serbia as a candidate to join the european union. but as recently, been forging close ties with russia and china. and that has some worried that the strategic deposit might ultimately end up in chinese hands. let's go now to some of the other global business doors making headlines. greno nissan and mitsubishi motors plant, a triple their joint investment to develop electric cars. french japanese alliance plans to invest more than 20000000000 euros over the next 5 years. the manufacturers want to share batteries and other key components in an effort to decrease costs. ailing chinese real estate developer ever grant will get financial aid by the gong dong provincial government. the company will also have a state firm official joined the board of directors. now investors see that as a sign that the government is seeking to stabilize ever grant, which has

a debt load toppling, topping rather $300000000.00. the c o generating hong kong has stepped down. lim, cocked highs. resignation comes days after the hong kong cruise operator said that it would wind up its business after fail to secure funding to pay off its debt. the pandemic has ravaged printing and drove its german ship building subsidiary into insolvency. will euro celebrates 20 years of existence of existence this year? but many europeans still pay with their own national coins. like the polish of today, the introduction of the european currency and poland seems even further away than when the country joined. the you in 2004 in poland, people still pay with the swati. when the country joined the e. u in may 2004. it retained its national currency even though it committed itself to introducing the euro. but various criteria have to be met before that can happen, including price in exchange rates, debility in poland, case

a constitutional amendment would also be necessary for my up give. it's up to the governing national conservative peace party. poland will stick to its own currency despite inflation that reached nearly 8 percent in november as i have a problem. so the problem with our current government is that it depends on the votes of the most conservative members of society before this might will yes, to this, within 2 percent. and nobody calls her about people who are largely euro skeptical . yeah, our us to pitch not e and you especially dislike free market economic policies that a yellow be boyish hour before the pandemic. a majority opposed introducing the euro. but that's changed with a slim majority, willing to jettison the swati some angry that it's losing its value. in a word, it's bad. she neutral. i often travel abroad, so the price of the euro is important to me. it's not a joke. i think you can see what's happening to our national bank and the economy.

this is the bottom, and now it's hopeless. hopeless. the luxury, the polish investors made the plunge long ago, increasingly relying on foreign currencies, such as the pound, the dollar, and the euro. that is lot of can, i would allow people are fleeing our currency with their savings. can we even recommend it? let's um, if someone is looking for stabilization than invest in euros or other currency that the prices and fluctuations prevailing in poland right now are very destabilizing compare specially for businesses. that's it for me and the dw business team, thanks for watching. ah, try and repeat after me, learned fair will again, you're gonna read sherwin williams. google gosh, i it will swing gate,

go gather acquit him, throw pools. i'm to see leo coco bowl. that is the longest name of any place in europe, and it's wells. and we should definitely try to pronounce at least one moment. on d w. we've got some hot tips for your bucket list. ah, magic corner chat. hot spot for food and some great cultural memorials to brood. d, w, travel off we go ah, ah, ah, ah, ah.