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around you. subscribe to d w documentary on youtube. ah, a warning from germany's top energy farm saying don't cut off imports from russia. meanwhile, coal could step into the energy gap. his emotions try to reduce their addiction to rush and gas will get the expert. you've also coming up all eyes on oil as crude falls back down below a $100.00 a barrel. after weeks of pressure due to the war in ukraine block correspondent walks behind the reversal and the chips are down a major in the future of european text intel such as billions to build

a semiconductor manufacturing hub in german. i'm daniel winter and you're watching dw business. thanks for joining us. ah, w e. germany's biggest power supply has warned of dire consequences for households . if europeans turn off rushes, gas taps, reducing dependence on energy impulse is a cornerstone of sanctions over the war. and ukraine, cutting off a key source of cash for moscow. but the blow back could be huge. among the consequences are returned to coal, a fossil fuel that germany had planned to leave behind by the end of the decade. this open cast mine in eastern germany produces around 8000000 tons of league night every year. it's taken straight to the nearby coal fired power plant on conveyor belts. that was all supposed to stop in 2028 due to environmental concerns. but now germany is looking at keeping its plants running beyond then after those are due,

are still a long way from a completely renewable energy supply hosario. so we look at ourselves as a way to close that gap was and as a compliment to renewable energy, would you say there are clear deadlines and laws governing the phase out of coal? here, lavinia be glad we're not celebrating that. we might still be on line after the deadline. we're a little worried about the current energy supply situation. 200 people, homes long. 2 of the 6 blocks in the power plant were scheduled to be shut down this year. and next they've only been running on standby for some time, but they still undergo regular maintenance and checks that ensure they could be ready for use again within a very short time. the only thing missing is the staff needed to run them. to show me that the moment there are only 2 or 3 people working there at a time, but to run the technology, we need around a 109 people. and we need to get them here because we've got a plan for that. and we place the calls,

then everything's ready to go in 10 days on us from to them. so far though, it's not clear if and when the flow of russian natural gas will be stopped in germany and europe, and weather coal fired power plants will be restarted. the environmental as green party is one of germany's coalition partners. and so far it hasn't been ready to give up. it's ambitious planned to face out coal by 2030 until more. and that we asked influential economists, veronica grim if germany could handle a sudden stop of gas imports from russia. i think e and it you could be managed, but it is of course, a severe burden also for the german economy. then are various studies that have looked at the scenario of the supplies of russian gas. some of them and is the steel, was the security of supply of energy supply and others, was he economic impact of a supply of rushing gas in the bottom line is said, it is feasible and without getting cold in the household. but it would have

significant economic consequences. and in the short term, there might be high financial, gordon, and individual energy suppliers that can like can lead to cascading effects. so preparations must be made in on or to support critical utilities and especially to prepare the next winter without russian gas and sticking with commodities off to weeks of pressure on oil prices. crude has now dropped back below a $100.00 a barrel. there was also a u turn in us stocks today with all the main indices and the session well into positive territory. while in new york force is james sweeney who's been tracking this story for us. james, what prompted the sudden you to that tie into the recent oil price slide? remember, just $1.00 week ago, brent crude lead above $139.00 a barrel and analysts were wanting about 185 dollars, 200 dollars. as traders were shunning russian oil, but now it looks like there's a bit of a glimmer of light. i'm in hopes that saudi arabia in the u. e could possibly boost

well production. this amid reports, the u. a's ambassador to washington c. washington d. c. wants to increase oil production and encourage opec to ramp of supply. and that's not all because there's also a believe that the men from china, good drug due to new corona virus restrictions and major cities, and is also easing fears for the oil. the oil supply disruptions based on those ongoing ceasefire talks between russian ukraine and lower oil has these worries of inflation. and that's pay the way for a strong market yesterday. and today as well. you talk about worries of inflation while the federal reserve has a monetary policy meeting coming up. and of course, investors are going to be watching that very carefully for signs of a potential interest rate rise. um is this recovery that we've seen oil just to short term to factor into that decision making it all at the fed? that's. that's an interesting question. and from my experience, i would say yes, this recovery over the past 2 days is way too short to factor into the fed decision, which is tomorrow. the markets have already had a $25.00 basis point read higher price than to the,

to the market for many weeks already. not days that hours, but many weeks and a 2 day rally right before a key rate decision will not only be countered will not only be counted towards this does not, not be counted towards that decision tomorrow, it's way too short term for the next federal decision which is, i believe in april, that's a lot of time to see more well, price swings and more data and more geopolitical reports that could make the recent today rally a distant memory. what have you, a does not live production. what of chinese demands? don't slow due to coven. what if there's more aggression from russia? what if? what if? what if too many questions for today? for a 2 day price, blake, that could be very quickly reversed. i've nowhere. yeah. plenty of investors will be watching that whatever happens. and so will you, of course, james sweeney in new york. thank you very much for that. thank you. let's take a quick check on the other business stories making news today. the head of the largest american natural gas producer, e q t says the u. s. could raise gas exports to europe to make up any loss in

deliveries from russia. european leaders are looking to liquefied natural gas as a likely replacement for russian supplies. and the german government agency has warned against using antivirus software made by moscow based cas burskey lab. it says the firm software could be exploited by russia for cyber attack, because 1st he says it doesn't carry out such attacks. in 2017 the u. s. band, it's agencies from using software made by the russian company the war in ukraine and the subsequent sanctions against russia had sent prices for gas and oil upwards recently as we just heard. but it's also driven prices for other commodities. one raw material in particular, nickel has rocketed. you can find eating coins, stainless steel, electronics, electric car, batteries. it's nickel. the 5th must abundant element on earth. and now the protagonist of a never before seen global pricing crisis ignited by the russian invasion of

ukraine. in 2021, russia was the wards, largest exporter of refined nickel. while the e u and the u. s. evan targeted the material with sanctions global buyers, frenzied to look for alternative sources, sending prices through the roof. on february 24th, the day of the invasion, nickel rich, the already high price of $26000.00 per ton. in early march pricing started rising steadily spike into $100000.00 on march 8th before settling at $80000.00 burton. the london metal exchange, which sets global prices for industrial nickel, halted all transactions for the whole week. with an unprecedented decision. it also canceled old trades from march 8, capping the price at $48000.00. the nickel crazes sent sparks flying through the whole industry. chinese ty comes young wanda, who bet on nickel price is falling,

now has to find a way to bailout his company seems shun holding as it struggles to cover short positions worth around $8000000000.00. the pressure on the industry so high that even vladimir baton in the head of russian mining giant nor nickel felt the urge to common in an interview with russian brit custer, r b. c. it warned against russia responding by seizing western properly as it would take the country back to the isolation of a century ago with all over. so let's look at the with those of glue. the recovery on the russian economy will depend on the death of the crisis. we enter a doom sham. the sooner this the situation is resolved and the sooner normal dialogue with partners resumes the softer the consequences for our country. willoughby. knowledgeable vastly of the luscious slum it nar, nickel is another example of how the invasion of ukraine is playing against russia's economic interests. but it's far from clear that increasingly nervous

stance of ty, kuhns, like baton, and could bring pressure on vladimir putin to end the war. it's a major new investment in european tech u. s. chip maker. intel has picked the eastern german city of magda book as the site full 2 multi 1000000000 euros semiconductor factors. the covey pandemic showed what can happen if supply chains or computer chips is disrupted. major shortages, this new hub is one piece of the puzzle. as europe seeks to free itself, dependence on asia for chip manufacturing. right now, it's just a field next to the auto bond south of mac to book. but soon, construction workers will begin works on to intell factories here to develop and make chips for computers, smartphones and cars. the client is for our initial investment, the crate $7000.00 construction jobs. over the course of the build. $3000.00 permanent high tech jobs at intel and tens of thousands of additional jobs. many

cities in germany, italy and other european countries where vying to host the new factories, marketable, came out on top because of its renowned research facilities, qualified population, and a large industrial site as but the, until city that's going to be created here will change everything. we won't be able to recognize smack the book because it'll create a pull effect that will attract many firms and best offer it. it's one of the largest single private sector investments in europe. and the fact that it's coming to a city in the former east shows the development experts say guns was. and if we had something similar with tesla building a factory and going hyde ultra machine, the latch semiconductor factory and dressed. and now intel is doing the same, it shows that east and germany is an attractive location for high tech production and developmental and the new factories could also help europe overcome the global

chip shortage. why a decreasing reliance on asian manufacturers and job to date with d. w business. i'm daniel winter in berlin from me and the business team. thanks for watching. oh, eco africa polluted oh. over fish and full of plastic, the ivory coast. every lagoon, scientists, india, and enthusiastic villagers are now taking matters into their own hands. with the help of reforestation and recycling projects, they're trying to say they're looking at eco africa next on dw, or something, or driven by merciless greed, others facing the destruction. usually one meters claim to preserve. they shut down

the native to be the government is trying to destroy businesspeople with large scale vertex of any projects blend grabbers or exploiting the amazon rain forest. indigenous peoples are now briefly opposing them. the heart of brazil in 45 minutes on d. w. o. o. what secrets lie behind these walls? discover new adventures in 360 degree ah, and explore fascinating world heritage sites. d w world heritage 360. get the out now. a global ideas is on its way to bring you more conservation. how do we make cities greener?

how can we protect habitats? we can make a difference. global ideas, environmental series in global 3000 on d, w, and online ah, welcome to eco africa. i and sandra 3, nobody here in compiler. today's job is all about one of the world's most vital level resources. what it does, right, sandra, the world health organization says one is the repo did not have access to save drinking water. well that's not the only thing we're going to be looking at in today's.