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tv   Business - News  Deutsche Welle  March 25, 2022 10:15pm-10:31pm CET

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pain in ukraine has been largely completed and that moscow would increasingly focus its efforts in eastern ukraine. you're watching dw nunez rob boss. my colleague is up next with your business update. i'm abby club. awesome for all of us here in berlin. our teams around the world, thank you for being with us. every day for us and for our planet. global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect animals and their habitats? what to do with all our waste. we can make
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a difference by choosing reforestation over deforestation recycling over disposable smarten solutions over steam set in our ways or is truly unique. and we know that that uniqueness is what allows us to live and survive google ideas. the environmental series in global 3000 on d, w, and online ah, b u. s. promises more gas for europe, extra tank as of l n g, is that to cross the atlantic this year to help the reduce is dependent on russian energy. meanwhile, india faces criticism for buying up russian oil spurns by the west. we'll look at how ties between moscow and delhi revolving the state of your business on robots in
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berlin. welcome to the program. the u. s. has agreed to rapidly boost shipments of liquefied natural gas to the european union this year. as part of efforts to wean the e u off russian energy announcement came during president jo biden's visit to europe . the u. s. will sent 15000000000 cubic meters of l. n. g this year, on top of the 22000000000 cubic meters, it ships to europe in terminals last year. you hopes to replace 2 thirds of russian gas imports by year's end, germany for its part says its plans to ditch russian energy are progressing. it expects to import only 30 percent of its gas from russia this year compared to almost twice that before the invasion of ukraine. jimmy says it wants to shift his energies of supply towards imports from more like minded countries. after the invasion began german finance. mister christian lindner said that germany needs trading partners that share similar values is proposing that there be
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a wider trade deal with the u. s. foot early transacting with countries that share your values drastically reduces your options. of course, a new survey suggest that for the 1st time since 2004, there are more countries in the world that are autocratic. don, democratic now among the autocratic countries. awesome. germany's main trading partners, china, turkey, saudi arabia, and, and date. russia and replacing russia means turning to other countries. is politics that always align with germany, sir? for germany's economy minister. energy has been high on the agenda as berlin tries to win the country of russian energy threatening good, i'm it. we're now counting on becoming independent from russian gas, with few exceptions. by summer 2024 already chron. germany has turned to cutter. one of the world's leading producers of liquefied natural gas, or ellen gee,
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it could help germany wean itself of russian energy. but the gulf country has a tainted human rights record, including the exploitation of migrant workers, the discrimination of women, and restrictions on freedom of expression. but germany is desperate for new trade partners. so should it still put human rights more the forefront of its trade relations? but even though the doors against the background of german history, it's a very important topic among everybody should think about this from buying products that are constitution, says human dignity is inviolable. that also cancer, other countries from which we purchase products, linda gaten will be put up to with the different teeth. i saw definitely, i think, especially with globalization, which is increasing. we can't avoid the topic if i was tim on this malcom your stinkers one. does this? yeah, i think it's important,
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but it's difficult feelers when it's off by them. we can see that with hob ex, visit to the u. e. and the gulf states like choosing between the lesser of 2 evils, fights from personal qual, of already sagen. berlin is being pragmatic, securing germany's energy supply is a major priority. and right now, that means finding alternatives to russian energy full. india has been reluctant to criticize russia and its invasion of ukraine while that has angered west and allies like the europe. experts say that india's position reflects historical economic ties between self and russia. in the defense industry and increasingly, the oil industry. india is the world's leading buyer of arms. until last year it accounted for 11 percent of total global arms imports. according to the stock home international peace research institute slippery its biggest supplier was russia.
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between 201720218 accounted for 46 percent of indian arms imports. and in the previous 5 year period, russia accounted for more than 2 thirds of indian arms imports. diego india has been trying to reduce its dependence on russian arms and diversify suppliers. we get a boy that godaddy, hey, if you look at other countries that us in europe, bronx, britain, japan, they're all dependent on the us for their security. india is not dependent on the u . s. word security. india is certainly lakes your us wanted to call support. but at the end of the day there depend on itself. so it is self interest, which is driving immune policy. i don't think any ideology drives of joy. she says moscow also supported india's foreign policy in the region before and after the cold lapse of the soviet union. but that's not the only reason. self interest may
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be behind a new daily's choice to remain neutral on russia's war in ukraine. india in ports, 80 percent of its oil needs. and rising oil prices have already led to protests. so while other countries burn russian oil, india is buying it so far it has bought at least 13000000 barrels according to bloomberg news. and without that, many takers of russian oil, india may very well benefit from lower prices. the war in ukraine is goes something of a global split between those countries. still willing to cooperate, cooperate of, with russia and those who are not on wall street. there's even talk of the end of globalization. let's get more on that from a correspondent at the new york stock exchange yann's quarter young's. is there a feeling among investors that the war in your current craner is causing
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a major shift? rump indeed, there is this growing sense that we might be seeing at the beginning of the end of globalization, at least as we knew it in the past 20 years. larry think, for example, the head of black rock, the biggest asset manager on the planet, made remarks that way, and others some actually followed in. so there was talk that we might see the formation of blocks who do business with each other. clearly, we saw that to a tendency, even before the war in ukraine started specially driven by the pandemic. we had and still have those huge supply chain issues that actually is a bringing company. it's and countries to the idea to actually have production closer at home. so the talk is that companies do not follow any longer. the model to just sorry to. yeah,
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yeah. the lay of lies ation is it's been fraser. what would actually mean for economies around the yeah, well, i mean, on the plus side, if you want to put it that way, if you're bring production closer to a home or actually bring it back to your own country. so that could create the jobs on the other side you, there was also reason to start the off shoring, especially to bring production to cheaper countries with lower of ages, for instance. so a near term, what you're might see with this on soaring or near soaring that those inflationary tendencies, that we can actually speed up. so prices tend to cost the probably would increase. and then also, if you do not do business as we were used to all over the globe that could also be let on innovation. those definitely could be too negative. if we
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do see the enter to globalization as when your sense of foreboding is watching over me. and go to new york. thank you. now let's have a look at some of the business stories making news around the world. the yo has agreed on a landmark law to regulate tech firms. the digital market fax would force android devices to alternatives to google searches, require apple to accept other forms of payments among other provisions. fines could reach as much as 10 percent of the company's global sales law entered effect. next year. russia is mulling using the world's biggest crypto currency bitcoin in exchange for natural resource sales. lot of periods and recently declared gas payments from western nations must be made in rubles, although most contract palm has rejected the demand, including from on friday and the war in ukraine. is weighing heavily on the minds
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of german business leaders, the closely watch e f o business climate index, which measures industry confidence fell more than expected from february, march manufacturing store and especially big office energy prices. search supply chains became ever less secure. the war in ukraine has driven an estimate of 3700000 people out of the country, many who left on now devoting themselves to helping those who stayed behind is the story of 2 farmers from germany who are doing just that ought to do to go with them, which will evolve him. none the shunt is a german farmer on was in ukraine, you're actually on where to be kentucky. and his business partner spent a decade in the country growing wheat and corn before leaving due to the war. now back in germany, there organizing aid convoys with the help of ukrainian friends the donations come from ordinary germans the bones investment of where we are in western ukraine. the supply situation is pretty good. there's food. what we're bringing to ukraine now
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is going through friends and contacts into the war torn areas. there conditions are catastrophic coverage. if kevin, mario polar encircled no, be nothing there. so are people are driving straight into key of to fondle. victim, do you like nike of the 2 farmers have left their machines and fields behind, as well as their local workers via the internet. they keep in touch with their 10 employees and ukraine. a few or at the front. others are trying to keep the farm going. this is video from last year's harvest. it was a good one. ah, the farm turned a profit. whether they'll even have a harvest this year. however, it is unsure. the course of hogs of your on the big question is whether we be able to get enough diesel fuel. if it was over the nieces hung, it looks bad right now as we run out in the coming days to an hour. and of course, we need to be able to plant the summer crops and keep tending to the winter was in a mini mallet if we get
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a minimal amount of diesel with concentrate on what we've already cultivated and tried to bring in that harvest sandwich sibling. as soon as it's safe to the 2 farmers planned to return to ukraine themselves. that's all from the in the business team here in berlin from all from us. you had to our website either we dot com slash business. you can also check us out on the do we use youtube channel to next on? take care of yourself with making the headlines and what's behind d. w. news africa. the show that the issues have been the continent. life is slowly getting back to normal here on the streets to give you enough reports on the inside of our cars. funds is on the ground reporting from across the continent and all the trend stuff. the mazda you next to d,
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w. i. india, more education, more self confidence, more sustainability, the go to school project and be har. has a bishop go here in one of the poorest regions of the country. it wants to prepare young people for the future, sustainable business, and for game changer and how to make it work. eco, india. in 60 minutes on d, w. o. listen carefully. don't know how to miss today.
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ah, feel the magic discover the world around you. ah, subscribe to d w documentary on youtube. ah, this is the, the of the news africa coming up on the program. what does the state of africans lean the wall in ukraine? a group of international students and ukraine spent 3 weeks living in a basement. we hear about the a, how are we an escape to safety? and a neighbor in hungary meet some of the african students who fled ukraine on those who are helping them. also coming up sexuality, education is being put back on the school curriculum and uganda. this after you
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college rule that a government found on the subject.

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