gets very bad, they need to evacuate people from the affected areas. and these factors can also intervene with the current works to free one of the islands, main roads, from lava and rocks. it will take years for this area of the island to recover. the government is planning dense. a housing now that there is less space building on the lava is not possible for now. hasa garritano knows that. but the pol meadows like him, are eager to move on and restore la palmer's identity. coming out next, global traitors were covering. it was a lot of cargo, still stuck in traffic chance. chris cobra. the details on the got the business. they tooth with one of mankind's oldest ambitious could be within reach

or what is it really is possible to reverse aging researchers and scientists all over the world are in a race against time. the d. n. a molecule though has 28000000 different our glasses . they are peers and rivals with one during goal, 2 out smart nature. one of the most insightful discoveries in the history of mankind. more life starts february 16th on dw ah, turning the global chip shortage into an opportunity. european union wants to go all and on semiconductor production by freeing up more than 40000000000 euros and

subsidies and loosening regulation will get more in this from brussels. also coming out, a recent report, states walls track us back to pre pandemic levels. but a good chunk of the cargo is stuck at sea will tell you why. and we'll go to china or a winter olympic induced sports industry is taking millions of new skiers down slopes . that normally wouldn't even have any snow. i'm chris kolber. welcome to the program. it is a major announcement from the you, the supercharge computer ship production, the so called chips act being unveiled to day by the european commission. it's expected to direct over 40000000000 euros and subsidies to the industry. the goal to prevent supply chain problems that have plagued businesses in many industries. from months. the united states, china and south korea have invested millions in their countries semiconductor infrastructure. now the u. once to follow suit. for more years our

brussels correspondent and i got the you commission wants to mobilize more than 40000000000 euros to beef up the development and production of semiconductors in europe. the production should be heard drupal in the next 8 years. the aim is to gain independence from asia and the united states where the bulk of production is taking place. right now. the problem is that the supply chain for semiconductors is pretty much globalized. raw materials and chemicals to produce them come from china . they are developed in the united states, and europe is building the machinery that is needed to print the semiconductors to get the whole supply chain into europe. will be very costly and very difficult. experts say, but the use very eager to get the semiconductor production to europe because this

is and strategic acid steel and coal where the backbone in the industrial age. semiconductors will be the backbone for the digital economy. the ws boundary of reporting from brussels there and another ship news, the $80000000000.00 deal to take over the chip. design an arm by the industry joined and media has fallen through reportedly due to resistance from competitors and competition. regulators arms owner, soft bank is now planning an ip o of the chip maker instead, chips based on arm infrastructure architecture rather are in almost all smartphones, regulators, fear, and media could have used arm to unfairly dominate the market. all right, let's talk trade and global trade is rebounding. that's the good news, according to germany, is keel. institute for the world economy volumes have now even surpassed levels seen before. the corona virus pandemic world trade rows 2.4

percent in january compared with the previous month, which is higher than pre crisis levels. most of the increase is coming from western countries like germany and the united states. at the same time, 11 percent of all goods shipped worldwide are currently stuck in traffic jams for a closer look at the story. let's bring in vincent stammer. he's an economist at the keel institute for the world economy. good to have you on the program, vincent, what are the main reasons for this cargo being stuck? well that actually a lot of reasons for, for the traffic jams, you know, it sounds like a contradiction that we have a lot of trade and disruptions in the content shipping network at the same time. but it's actually the huge demand for physical goods and orders that replaced in $21.00 at that and now being delivered. this creates a huge demand for us,

for the transportation capacity. and the capacity just cannot cope the supply of buttons. the pace network cannot cope with huge demand still. and then there also are some small disruptions at the port where the on the kron wave led to a workers missing shifts. and this leads to, to ingestion worldwide, all their short term solutions to this problem or do we just have to wait it out? and actually the only long term solution is like investments in, in the infrastructure in the short term. we can only hope that the american wave subsides without further noise, that especially china is bared from, from the army can base. in addition to that, that the consumers worldwide rotate their consumption back from physical goods to services such as travel. this would ease up some of the constraints on the

container shipping network. now you mentioned china there, which is obviously a massive player when it comes to world trade is smooth, uninterrupted, world trade even possible. as long as china sticks to its no cove, its strategy, which does imply that there will be factory closers. there will be port closures. at the very least, it's very unlikely. i'm not religious. i cannot comment on the pandemic situation in china. but if china ranked to outbreaks of the wrong number, i was, for example, in the army wave with it's the recovered strategy. as you said, it's part close with might be individual. so this will continue to cause disruptions. and so we must be some sort of chain policy change there in order to guarantee smooth transaction and the future been to summer of the keel institute for the world economy. thank you for talking to us and now to some of the other global business stories making headlines around the world and israeli newspaper

ledges that police in the country use software to spy on the son of former prime minister benjamin netanyahu, spyware named pegasus, comes from an israeli company and his own group, which is mired in controversy after its spyware was previously linked to ease dropping. social media giant meta warns it could shut down facebook and instagram in europe if it's forced to overhaul its data privacy practices and stop transferring user data to the united states. the dispute is part of the e was broader regulatory crackdown on big tech companies. you as low cost carriers, frontier airlines and spirit airlines have agreed to merge the deal valued at $6600000000.00 will create the nation's 5th largest carrier. the 2 airlines to say they are expecting annual consumer savings and are looking to expand services with more than $350.00 aircraft on order. b, p returned to profits last year,

looking 6700000000 euros. as oil and gas prices searched it was a strong year for the british energy giant following a huge loss. your prior aside from profits, the company also announced plans to accelerate its target to reduce operational carbon emissions. let's turn to australia now and for almost 2 years, it's been almost impossible to get into the country amid the corona virus pandemic, australia initially closed its borders even to its own citizens, then opened up only gradually to some visitors with visa and proof of vaccination. now, australia wants to welcome all travellers again, as long as they meet the requirements. the news was delivered by the prime minister himself, the strider will reopen out bout as borders to all remaining visa holders on the 20

. 1st of february of this, you see of course strict vaccination rules still apply. if you double vaccinated, we look forward to welcome you back to australia and i know the tourism industry will be looking forward to that. and over the next 2 weeks, as i will have the opportunity, both for visitors to be coming and for them to be gearing up to welcome international visitors back to a stride you. prior to the pandemic, the tourism industry generated around $85000000.00 us dollars in annual revenue and employed about 5 percent of the australian workforce, or least some of those jobs have come back. many restaurants and bars remain closed, even though australia started well coming, visitors from singapore last november. and then japan and south korea a month later, it was high time for the rest of the world to come back. almost all the thought of the countries opened their borders like not as radio, but it so it was really difficult and you know, so many people went to depression because they had got a lot of plans and does. and now i'm really happy that it's got my son has made

that announcement yet. menus trillions. now hope that their streets will see some crowds again, after all, many businesses count unhappy travellers and that deep pockets barely 25 years ago, china had just 9 ski resorts, according to official data, but fast forward to today, there are now close to $800.00 of them spread mainly across the countries northern regions and with the beijing winter olympics. in full swing, a booming near sports industry is taking skiers down slopes which normally wouldn't even have any snow fabia and catch my reports. one of the big game changers for ski us from badging. is this brent you bullet train link from the capital to chung the in her bay province. if you was there for have a, it took your letter 3 hours for 4 hours or so you took the trans fully take like go hours strongly is hosting most snow sports during the 2022 winter games and just

a short ride from the station is titled, a ski resort designed by canadian plain us echosign featuring 30 slopes and surrounding an alpine style village. it open and 2015 shortly after bating one the right to host the games. i me, i think people are really, really excited to have this and that coming over by in terms of my gown and entities from lake lake and the whole area now. and then the building. i think it's quite close, but amid lingering fears of an alma chron outbreak tight measures and place that will dampen the economic benefit of the olympics, projected to cost $1560000000.00 and operational spending. the event will neither boost domestic consumption nor trevor. and since no tickets are sold to the public and estimated $120000000.00 in revenue won't be generated. title won't host any of

the lumpy competitions, but it will provide accommodation to some of the 10s of thousands of visitors coming to the games. it's operators are hoping to cash in on long term growth and snow sports. it seems like a safe bet. official industry figures show the number of skiers in china rose to just under 21000000 and 2019. that's over a 1000000 more than the year before, but there is one downside. despite the very beautiful mountain scenery and the state of the art facilities at the region has really one major problem. there's almost no natural snow. the region average is about 20 centimeters of snow fall annually. the results are heavily reliant on snow making machines to give people the powder they need for quality skiing experience. but people here are adopting to that and the modest peaks. many visitors are snowboard. series is law, young people started snowboarding. thing is more cool, and sucking out, we do have very high altitude here. so maybe more mobile friendly regardless

the infrastructure that's under development, coupled with china's ambition for metals in 2022 and beyond. mean the future of snow sports, jo, looks right. and his reminder of a top story at this hour. it's a major announcement today from the you to supercharge computer chip production, the so called chips act being unveiled today by the european commission. it is expected to direct over 40000000000 euros and subsidies to the industry. the block wants to co, drupal chipped production in the coming 8 years that social thanks for watching thing . we know that it's here to stay. it has become part of our lives. the convent 19 buyers

. they know where it really came from and how it spreads. while they have taken a giant step towards getting to the bushes of some kind of it. to morrow to day. next on d w. these places in europe are smashing all the records, stepped into a bold adventure. it's the treasure map for modern globetrotters, discover some of europe's record breaking sites on google maps, youtube, and now also in book form. ah, will hon in china is considered ground 0 of the global corona virus pandemic.