tv Business - News Deutsche Welle March 26, 2022 12:15am-12:30am CET
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only focus efforts in the dumbass region and eastern ukraine. and that's all for me for now, but to stay with us, because after the break rout watts will have the latest from the business world for you. i'll have more headlines for you at the top of the hour from me and the entire team and our newsroom here in berlin. thank you so much for your company. with people and trucks injured when trying to flee the city center. more and more refugees are being turned away at the border. families play involvement tags in syria to these critical illness with demonstrate people lean extreme ground. ross getting 200 people with the why? because no one should have to flee. make up your own
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mind. d. w, made for mines with, ah, the u. s. promises more gases for europe extra time because of l. n. g is that across the atlantic this year to help the reduce its dependence on russian energy. meanwhile, india faces criticism for buying up russian oil spurned by the west. we'll look at how ties between moscow delhi revolving the state of your business on robots in berlin. welcome to the program. the u. s. has agreed to rapidly based shipments of liquefied natural gas to the european union this year as part of efforts to win the u. off russian energy announcement came during president,
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jo biden's visit to europe. the u. s. will send 15000000000 cubic meters of l n g. this year, on top of the 22000000 cubic meters, it ships to european terminals last year. you hopes to replace 2 thirds of russian gas imports. by year end, germany for its part says its plans to ditch russian energy are progressing and expect to import only 30 percent of its gas from russia this year compared to them is twice that before the invasion of ukraine. germany says it wants to shift its energies of supply towards imports from more like minded countries. after the invasion began, german finance minister chris john lindner said that germany needs trading partners that share similar values is proposing that there be a wider trade deal with the u. s foot only transacting with countries that share your values drastically reduces your options. of course a new survey suggests that for the 1st time since 2004,
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there are more countries in the world that are autocratic, done democratic now among the autocratic countries. awesome germany is main trading partners, china, turkey, saudi arabia, and date. russia and replacing russia means turning to other countries. is politics that always align with germany is that for germany is the economy minister. energy has been high on the agenda as berlin tries to win the country of russian energy. reckoning good, i'm it. we're now counting on becoming independent from russian gas. with few exceptions. by summer 2024 already current. germany has turned to cutter. one of the world's leading producers of liquefied natural gas, or ellen gee, 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,
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and restrictions on freedom of expression. but germany is desperate when you trade partners. so should it still put human rights more at the forefront of its trade relations. but even though the doors against the background of german history, it's a very important topic is that among everybody should think about this when buying products that are constitution, says human dignity is inviolable. that also cancer, other countries from which we purchase products linda didn't, will be productive with different teeth either. definitely, i think especially with globalization, which is increasing. we can't avoid the topic if i missed him on his maximum. your extinguish warned us. yeah, i think it's important, but it's difficult realtors when it's off by them. we can see that with hub ex, visit to the u. e. and the gulf states like choosing between the lesser of 2 evils . fights, which has some cool of over the sargon berlin as being pragmatic. securing germany's
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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 western allies like the europe. experts say that india's position reflects historical economic ties between itself 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. it's biggest supplier was russia. between 20172021. it 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. india has been
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trying to reduce its dependence on russian arms and diversify suppliers. they get a bar under, could they be, hey, if you look at other countries that us in europe, bronx, britain, japan, the only dependent on the u. s. for their security. india is not dependent on the u . s. word security. india is certainly likes you are supported, tickle support, but at the end of the day near depend on itself. so it. ringback this self interest, which is driving a new 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 collapse of the soviet union. but that's not the only reason. self interest may be behind and you 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 to
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while other countries spring 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 our correspondent at the new york stock exchange yann's quarter young's. is there a feeling among investors that the war in you, kurt crane, is causing a major shift? a rob, indeed term. there is this growing sense so that we might be seeing here the beginning of the end of globalization, at least as we knew it in the past 20 years. larry think, for example, the head off for black rock,
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the biggest asset manager on the planet made remarks that ray and others, some actually followed them in. so there is talk that we might see the formation of blocks who do a business with an m, eat sham, other good. clearly we saw that a tendency, even before the war in ukraine. m started specially driven by the pandemic. we had and still have those huge, a supply chain, an issue center that actually is a, bring in companies and countries to the idea to actually a have production closer at home. so the talk is that 2 companies do not follow any longer, either model or, or to adjust them. i'm sorry, i have to, um, yeah, but i just saw this is like, yeah, say that this is the end of globalization as it's been phrasing. what would actually mean for, for economies around what yeah, well, i mean, on the plus side,
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if you want to put it that way, if you 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 near term, what you might see on storing or near storing 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 like on innovation. those definitely could be too negative. if we do see the end to globalization has been us. since the foreboding is watching over me in this quarter in new york, thank you. now let's have
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a look at some of the business stories making news around the world. d. u has agreed on a landmark law to regulate tax, then the digital market. fax would force android devices to alternatives to google searches, require apple to accept other forms of payment among the provisions. fines could reach as much as 10 percent of the companies global sales. the law enters effect. next year. russia is mulling using the world's biggest crypto currency bitcoin in exchange for natural resource sales. lot of my peers 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 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. such a supply chains became ever less secure. the war in ukraine has driven an estimate
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of 3700000 people out of the country, many who left on now devoting themselves to helping those who stayed behind his the story of 2 farmers from germany who were doing just that ought to do to go with them, which will give him none to show it is a german farmer. one was in ukraine, yorkshire, william wire to the 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 con voice 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 is going through friends and contacts into the war torn areas. their conditions are catastrophic coverage. if key, evan, mario polar encircled no, be nothing there. so are people are driving straight into kya, avoid the fall victim. you like knock here. the 2 farmers have left their machines
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and fields behind, as well as their local workers via the internet. they keep in touch with their 10 employees in 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 harvard this year. however, it is unsure the course of hogs of your on the, the question is whether we'll be able to get enough diesel fuel. if it was open in east hog, it looks bad right now as we run out in the coming days. one 0 enough cause when you to be able to plant the summer's crops and keep tending to the winter was in a mini mallet if we get a minimal amount of diesel. we concentrate on what we've already cultivated and tried to bring in that harvest on to do it to building as soon as it's safe to the to farmers plan to return to ukraine themselves. that's all from the in the
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business team here in berlin from awful us you had to our website either way, dot com slash business. you can also check us out on the day. we can use youtube channel to next talk to take care of yourself. what's making the headlines and what's behind them? dw news africa, the show that faculty issues in the continent life is slowly getting back to normally on the street to give you enough reports on the inside. our correspondence is on the ground reporting from across the continent. all the trend stuff, the mazda next to d, w. well, how do you tell a pool to mentioned, you come into the 21st century with dublin,
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we want to show it to the i div electric, spacious iconic in design. you know, right. check the long awaited id buzz from the w rep. in 60 minutes on d, w. o. and then jim and which d w at any time, any place losing video, nevada they have like a set of zones to sing along to download as the combo t from soup, with a varied courses put it into active and d,
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w dot com slash dont' land on facebook. oh, in the lemme gym and for free. d w this is deed of the news africa coming up on the program. what does the state of africans lean the wall in green? a group of international students and ukraine spent 3 weeks living in a basement. we hear about the a. how are we in escape to safety? and a neighbor in hungary meet some of the african students who fled ukraine on those who are help and also coming up sexuality education is being put back on the school curriculum and uganda. this after we called that a government bond on this subject.
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