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tv   Business - News  Deutsche Welle  March 26, 2022 4:15am-4:31am CET

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a good, it is a medal that means so much after a terrible mom, her family. she's yet another ukrainian sports dog. do an incredible thing in the face of adversity. incredible indeed. that's all for me. for now, i'll have more headlines for you at the top of the hour. thanks for your company. mm. with what people have to say matters to us. mm. mm. that's why we listen to their stories. reporter every weekend or on d. w. interest. the global economy.
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our portfolio d w. business beyond. here's a closer look at the project. our mission. to analyze the fight for market dominance. east this is west. give it head with the w business beyond. ah, the u. s. promises mo, gas for europe. extra time because of l. n. g is that to cross the atlantic this year to help you reduce this dependency 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. and by welcome to the program. the u. s. has agreed to rapidly boost shipments of
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liquefied natural gas to the european union this year as part of efforts to win the u. off russian energy announcement came during president jo biden's visits 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 european terminals last year. you hopes to replace 2 thirds of russian gas imports by year's end, germany for its part says its plans, the ditch russian energy are progressing. it expects to import only 30 percent of its gas from russia this year compared to a missed twice that before the invasion of ukraine, which only 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 ledner said that germany needs trading partners that share similar values here is proposing that there be
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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 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 at 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's economy minister energy has been high on the agenda as berlin tries to win the country of russian energy. that's retina. 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,
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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 when you 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 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 gaten will be a product with different teeth as a 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 as his yeah, i think it's important, but it's difficult. it's really when it's off by then we can see that with how
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backs visit to the u. e. and the gulf states like choosing between the lesser of 2 evils. visor from heston. quote of over the sargon berlin as being pragmatic, securing germany's energy supply is a major priority. and right now, that means finding alternatives to russian energy for 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 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, separate, it's biggest supplier was russia. between 20172021. it accounted for
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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 trying to reduce its dependence on russian arms and diversify suppliers. they get a bar, come on that quote, maybe 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 u. s. political support, but at the end of the day near depend on itself. so it. ringback it is self interest, which is driving a new policy. i don't think any ideology drives of george. she says moscow also supported india's foreign policy in the region before and after the co lapse of the soviet union. but that's not the only reason. self interest may be behind and you
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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 while other countries spurn russian oil. india is buying it so far. it has bought at least 13000000 barrels according to bloomberg needs. and without that, many takers of russian oil, india may very well benefit from lower prices. the war in ukraine is called 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 kiner, is causing a major shift?
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a rob, indeed term. there is this growing sense so that we might be seeing 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 the black rock, the biggest asset manager on the planet, made remarks that way, and others some actually followed them in. so there is talk that we might see the formation of blocks who do a business with in m. each 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 supply chain issues. and that actually is a, bring in companies and countries to the idea are to actually m a have production closer at home. so the talk is that companies do not follow any longer, either model or, or to adjust them. i'm sorry i have to. um, yeah, would, but let us,
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so this is like, i 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, if you want to put it that way, if you're bring production closer to home or actually bring it back to your own countries. 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 on storing or near storing that, those inflationary tendencies, that we can actually speed up. so prices tend to cost that 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
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do see the end to globalization as when you get a 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, then the digital market. fax would force android devices to alternatives to google searches, require apple to accept other forms of payment 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 my peers. and recently, a declared gas payments from western nations must be made in rubles, although most contract palm has rejected the demand including fram on friday. and the war in ukraine is weighing heavily on the minds of german business leaders. the
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closely watch e f o business climate index, which measures industry confidence fell more than expected from february to 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 were doing just that ought to do to go with the mutual evil him. none to show it is a german farmer, one was in ukraine, you actually on my 3 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 is going through friends and contacts into the war torn areas. their conditions are
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catastrophic coverage. if kevin, mario polar encircled no, be nothing there. so are people are driving straight into key of to fondle. victim directness, he 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'll 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's 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 and to do it to putting as soon as it's safe to the 2 farmers planned to return to ukraine themselves. that's all from the in the business. same here in berlin, from awfulness you had to our websites either we dot com slash business. you can also check us out on the day. we can use youtube channel to next on take aways. here's the term that everyone has heard by now. m r in a. but what exactly is it? the messenger for genetic information became famous. thanks to the coven, i t maxine. how does this technology work? what other diseases could m r n a be used to fight against to morrow to day
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next on d w. yeah. oh no. oh, mom 2016 ukrainian artist jamal la winds. the eurovision song contest with a song about her great grandmother, who was expelled from crimea in 1944. and now jim allah had been forced to flaky of herself in her song. is frighteningly relevant, ero max in boy, in 60 minutes on d. w. o. and what does more do to people are hatred and violets inherited from generation to generation and award winning documentary searches for answers for 2 years. the author
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accompanies us our fist family in the northern syria insights into the isolated world of radical islamists, a film about family, faith, masculinity of fathers and sons starts april 16th on dw with ah, the joys of spring, all highly visible in the animal kingdoms, rights and rituals of courtship displays of prowess and flirtation, moving in pursuit of the ultimate pleasure, mating. yes, even animals can have sex without offspring. thanks to contraception. that's just one of our topics this week. mm hm. ah, hello and welcome to tomorrow today.

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