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tv   Business - News  Deutsche Welle  March 22, 2022 10:15pm-10:30pm CET

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your position leader has been sentenced to 9 more years in prison. to watching the news from berlin. i'm abby called us and after a short break, my colleague rob watts will be with you with a full business update agent for that. thanks for being with . what does more do to people or hatred and violence inherited from generation to generation and award winning documentary searches for answers for 2 years. the all camera companies are so a fist family in northern syria insights into the isolated world of radical islamists and into a spiral of violence without end. a
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film about family, faith, masculinity of fathers and sons starts april 16th on dw. ah, the 1st tesla's made in germany after a string of bureaucratic set back ceylon mosques, latest gig factory has begun delivering cause to customers or get the latest from the site never lead. and another knock on effect of the war in ukraine. how not just crude oil is the only oil as it is being hard is getting harder to come by the city to re business on robots in berlin. welcome to the program. it sprung up
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in just 2 years. now. tesla's 1st european factory as delivered its 1st cause to customers. the berlin brandenburg giga factory could soon be producing half a 1000000 cars each year without a new battery factory. the tesla is building near by now, but in brampton is actually just this 4th car factory. the 1st was constructed in california that began production in 2010. that was followed by a battery factor factory in nevada, in the desert. and then came testers, shanghai plant in 29 team up next will be and you get a factory near austin, texas. but in the meantime, lets take a look at the day that ill on bucks latest site went on line a car every 50 seconds. u. s. electric car maker tesla wants to supply europe with its vehicles at record speed, proud owners at the wheel,
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and they got their cars straight from company founder gillam musk, who was having a good time of the factory launch party. chatting with customers and showing pesky drawn cameras away. a re tesla will make sure that this is a, a, a jam or a gemstone for the area, for germany, for europe, and for the world. this is teslas, 3rd largest factory. 20 football fields could fit in the production area. it was built in just 2 years despite bureaucracy and protests by environmentalists concerned about the high water consumption. german chancellor, all of sholtes, attended the opening for him. this bodes well for germany as a place for doing business. these anti don, i naga lawyer, the decision to build a brand new factory in this country is the right decision and a sign of progress and the industries future. so gone for the industry. the new
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factory means tesla can save on shipping costs for vehicles. and e, you import tariffs. the german state of brandenburg gets one of its biggest employers. $12000.00 workers will produce half a 1000000 vehicles a year. other companies have come to brandenburg since tesla announced its factory site. canadian firm rock tech is building, europe's largest lithium plant. nearby is scheduled for completion into years chemical giant b a. s f is building a catalog factory for electric cars. now this talk here of a new high tech car making hub dubbed auto valley and muddled on california. silicon valley diddo is steven bears. leah was at the factory as the 1st made in germany. teslas were handed to their new owners as his take on the plans importance to the company. tesla has built this factory here for the same reason that volkswagen, audi, or b m w build their factory over their factories overseas. they want to take
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advantage of presence, that is a more efficient use of the investment that they put in this european market. and to this point, that has the models have been delivered here after being assembled in shanghai or in california for example. now they're going to roll right off of the factory band here. it's going to be $500000.00 a year. that's what the shooting for when everything is running correctly. right now, things are still going to need to be built up to that direction. so it's gonna take a few months probably, at least before things really get going. and what does this mean for the current environments in the auto industry? well, volkswagen we know audi b, m w, a toyota, all these major companies are really focusing on electric right now. but tesla is still the leader and with this, this is another step forward for them to prove that there are not just a start up, that they're not just focused on the u. s. are on china, but that they really have global ambitions. and now all eyes are going to be even more on them and how they fair in the european market. this came on us from a financial correspondent in new york, jens corta,
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and we just had stephen that talking about the importance of presence, fur, fur, tesla. but is there a wider strategic importance to having a plan in the heart of yours? yeah, sure. i mean, you definitely save quite a bit on transportation costs. i mean, last year, more than half of the vehicles were being built in a china. so now you have the production hop in germany and then on top of it probably next month, we will also see a delivery starting out of a new plant in austin, texas. so that is clearly part of a broader strategy and also investors on wall street. we're quite excited to stock off tesla were up by a good 8 percent here in the tuesday session for quite a move for just one trading day. you know, it's how invested feel. but how do corporation in the us view, germany as a place to invest their money there?
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well, especially if you look at the car industry that is still strong in germany that does attract them on a lot of investments. that just last week we heard from ford, the u. s. car maker that they're going to put another $1000000000.00 investment into production in germany. we also hear from tip makers and that is also part of the broader car industry story that we will see. some investment into, for example, putting $900000000000.00 into it, ship manufacturing aside in mach bork. and i guess it's no coincidence that also a lot of this money goes to the eastern part of germany. labor might be a bit cheaper, there also land. so real estate might be less a problem than in other parts of germany. and then also if we think about the high degree of automation that we do see in today's the industries labor is not such a big factor as it used to be in the parts. but overall it is mainly there still
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strong german, a car industry that attract a lot of investments that we, bas battery makers, chip makers, or car companies investing into germany itself. okay, and scotia in new york. thank you very much. rang his reflect, returned to ukraine. now, my farmers last year harvested around a $100000000.00 tons of grains of exported around the world. but now because of russia's invasion, many fields lying fallow. however, there are brave farmers who are continuing their trade despite the heightened danger. ah farmer, sir, he vann york helps with the birth of a calf and animal that will need to be fed despite the war this farm west of keep is still operational. they have to take care of their animals for as long as they possibly can. who yakima watch life goes on?
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calves are born the laurel g cows or milk of is the military has their battles. for many farmers have their own it. we must feed our soldiers and our ukrainian nation greens, good night too. and to ensure the supply of food farmers are now allowed to continue working on their farms and don't have to fight in the war mushroom you thought only from now on people who work in the agricultural sector, such as veterinarians, people who are involved with the next planting to see the army will not mobilize them is gonna put these people are exempt for 6 months is up on your wallet. but one of the main problems for farmers is that they can't export most of their harvest as they usually do. that means no money coming in to sewing new crops. well, the numbers left there is almost 500 tons of green behind me. we have a lot of problems, se ports really to export. our grain are closed,
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no transactions are taking place in new york. we're not selling in rain, but we still have to invest to keep working with men. and we have a great lack of liquidity out that the machine will slow him, say, exports can only leave the country by truck or rail. now that's much more expensive and will probably be impossible soon. it's going to hit poorer countries in north africa and the middle east, especially hard food prices, are already skyrocketing worldwide by the impact of ukraine's inability to export much of its front uses already being felt in many countries in spain, households and food outlets, or having to do without supplies that they normally take for granted. it's the other oil crisis, not sawing brent crude prices, but no cooking oil on supermarket shelves. this grabbing sunflower oil because they fear this kind of oil won't reach spain. it's like the
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fear felt oval toilet paper during the copied pandemic table. and now with oil. this is something similar and i'm a little afraid they're not as well enough, but it's not similar. cooking oil prices are up in spain, especially for sunflower oil. one of the world's most popular vegetable oils, ukraine accounts for 40 percent of spain, sunflower oil needs, and supply is disrupted. for the us, get us $0.80 a liter last year. and now it is to euro. 60 is increased more than 300 percent and of course we're getting an alternative isn't that simple? because different cooking oils have different flavors and that affects the taste of the food. but the gap will need filling spain's national association of edible oil . bottlers says this could be an opportunity for the country's own olive oil industry. gov yamazik is irritably that we are confident this might holds an
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opportunity because we are likely to reach new customers in the market in which we already present and promote our product. so it's an older ga, ga gov. also. spain produces more olive oil than it consumes the industry estimates more than one point. $5000000.00 tons of olive oil and it's by product olive promise oil will be needed to cover the shortfall of ukrainian imports. demand for olive oil is also expected to rise in other countries as they seek replacements for ukrainian and russian sunflower oil. oh, we got a reminder of our top story this hour. after 2 years of construction test, this 1st european factory just outside of berlin has delivered its 1st cause to customers. berlin, brandon, beg, giga factory, could soon be voting half a 1000000 vehicles per year. testers, also building a battery factory and as oh, from may on the business name,
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heron, berlin, if you would like more from us, you can of course, head over to our website at d to be dot com slash business. you can also find us on the d to we and use youtube channel, plenty more content that and also for on facebook as well as t to we don't business to next time again. ah, a war shaking your out to its core. over 3 weeks ago, russian tain't rumbled over ukrainian soil. we've been there from the start witnessing the invasion, needing the risky that he's reporting on a war unfolding. the struggle for ukraine close up next on d, w. a,
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the war in ukraine with president volunteered zalinski in an in depth interview. them on the visit was louis she went to but she was, she was like a sham on national the route by less shifting scheme. normally, when they got the we have ordered the interview with ukrainian president zalinski in 60 minutes on d. w. ah, ah, people in trucks injured when trying to feed the city center and more refugees are being turned away at the board, families flane's, alma tanks in syria, these credit don't even if we let against them with trade to people fleeing exclaimed around a rough getting 200 people has sunk in the gnc. around the world. more than
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300000000 people are seeking refuge. we ask why? because no one should have to flee. to make up your own mind. d. w. for mines. with. oh, it's february 24th 2022 russian forces crossed the border into ukraine. they're following orders from president vladimir putin who people here where picking up trying to leave a war unfold, that may fundamentally alter the global geopolitical order. will have so it's the gem chance leg.

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