tv Business - News Deutsche Welle May 30, 2022 6:45pm-7:00pm CEST
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turns the honey, the fact comes back with bottleneck lighted. manufacturer is in need of a boost and not in our back yard. we visit the tiny american town that saying no to electric truck make a river state of your business on robots in berlin. welcome to the program is proven elusive so far. but e representatives are attempting to hammer out an agreement on an embargo on russian oil imports. leaders are gathering in brussels, hoping to reach a deal on a 6th round of sanctions against moscow, but talks over a possible embargo stalled on sunday with hungary the main opponent. it says any ban on imports of russian oil would cross a red line. meanwhile, oil traders are waiting to see if a deal materializes crude prices of hit their highest point in more than 2 months or more or less, less cross to our correspondent in brussels. barbara vessel,
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robert barbara as grades have you with us. so who, and what is getting in the way of, of this oil embargo actually being agreed. we've just seen him who this is victor urban, of course, who has put up the main, partly political and then partly economical resistance against this r lombardo. and the longer this battle goes on, the more difficult it seems to become. i mean, this is almost a month now that the european union is trying to get this over the line. it becomes more and more intractable. victor alba was the 1st one to say, and i say no, i said no. i said no to this because hungary is a landlord country and we totally rely on oil from russia. and slovakia and the czech republic are relatively in the same boat, but the political resistance really mostly comes from him. and then of course, other countries found they can hide behind victor arbin because they all feel that
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of course it's difficult to within a several months know towards the end of the year replace or russian oil imports by others. and so it drags itself on and it doesn't look good for the summit. there are no real hopes. you mentioned it already. rub that the leaders can sort of cap this not. and to come to a conclusion. is there any way around these objections from the hungarian sort of all creative solution? of course, this is the european union. i mean they, they are live and thrive of creative solutions. now what they've tried to do is say, okay, let's split this. are we phase out towards the end of the year all coming in by tanker, which is the majority around 70 may be up to 80 percent. the uses is being transported by tanka, but we exempt from this the drug bar pipeline. that's the pipe and that runs from russia to hungary as slovakia and, and, and the czech republic, poland, and germany, napoleon and germany. they can help themselves. they can bring in oil by other
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means. but this re, landlord countries would be exempt for 2 years. and even to that, victor arman says the hungarian prime minister says no, i mean many suspect, of course, that their political reasons and his closeness to president putin behind this. but everybody here in brussels says that particular deployments, it's technical, it's difficult because we need of a level playing field with regard to the access to oil. and if that exemption is made for some, the others get angry. and of course, in banning tanker oil by tankers, grease for instance, comes up and says yet why punish us because they of course have the strong shipping sector. so whatever you do, it's difficult and they don't manage to get together. yes is ever is always difficult to get those 27 member states or pulling in the same direction as may barbara hazel and brussels for us. thank you very much. now, a shortage of materials in germany's manufacturing sector is getting worse
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according to the countries evo institute. for economic research, almost 80 percent of companies complain of bottlenecks and problems getting into media products and raw materials like steel during may, foreclosures in china due to strict locked downs are made the situation even worse in recent months. other proposals or the problems even facing monday. the 2022, hanover fear is running at around half its pre pandemic capacity with some $2500.00 exhibitors instead of $5000.00 industrial transformation is the theme. the call to action businesses cannot afford to ignore, given the pandemic and soaring energy prices amid the war in ukraine. and while companies with sustainable energy solutions may benefit from renewed focus on maternity of energy, they also have their own challenges. about a talk with one of the biggest challenges is taking people with us along this
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transformation to move on to offer new ideas. for example, in public transportation for us to really offer alternatives and not just talk about them. there's been more than just talk lately. decisions are being made faster than ever before. in may, brussels announced it would invest up to 300000000000 euros to help the e. e. u become independent of russian fossil fuels and in germany, the readiness of policy makers to help businesses response swiftly to ongoing challenges has also increased in crisis situations. we usually see that our mutual interest and readiness to talk about on think about solutions is bigger than in maybe more regular normal times. so right now doesn't barry brought an open readiness and both sides to talk today. policy makers are increasingly re drawing the framework for companies to do business. it's happening at a rapid pace. still,
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companies have their work cut out. well, i think export orientated companies have to rethink the strategy of some final solution, biding, changing nothing because they're not active in any countries at a high risk. other sir, start to invest also in production and research in certain regions to become independent and to have a complete different value change. the value chains of the global economy are being redrawn rapidly amid significant macro economic and geopolitical challenges. vonage embellish brought as that report there. and here's the choices, live from the hanover fan archie ponder, you mentioned in the how the value chains, changing thei, where are the opportunities in the risks? well, raw the valley changes as the value chains are changing and that of course, china is one of the problem areas for
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a lot of companies here in germany. because of course, germany is export dependent and relies heavily on china as a market. now, china has a 0 coffee strategy which has impacted, of course supply chains, but it's also of course, as a market for german goods, a problem. so, german companies are looking to see if they can get other markets on if they can get other suppliers. and just an example here at hanover massa this year, the hanover trade fair. there is like one over $1000.00. but there's less than like, fewer like a 1000. and something chinese exhibit as a 1300 i was told, weren't able to show up because of the coverage they were copied strategy in that country. and because they were so unsure if they'd be able to make it for the fair this year. and this is one issue that we can see. so there's a re drawing of the value chains. it's mostly european exhibitors this year. a great deal changing isn't that but what are your other impressions from the hanover fad this year? what are you getting a sense is also high on the priorities well of course the exhibitors here,
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the businesses that are here have really prepared their pitches. they're trying to show that they have the solutions for the future doesn't matter where they are selling. if it's digital solutions, i say those digital solutions will help with deal with dealing with problems with energy or, you know, with sustainability. so they're trying to basically sell their goods and repackage whatever whatever they can offer in order to adapt to the new global macroeconomic environment. but the truth, as the environment is really difficult for all of them. and there's a lot of challenges out there and all of them just they'll know where they're going with a future. and so it will be interesting to see what happens. and i can't wait to see what happens next 12 months and to come back here next year. okay, and conduct funded by the about the ahead of f f or us. thank you very much. we update to us now and it'll create over 7000 jobs and help build a green, a future. but electric truck make
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a river runs plans to build a new factory are being met with fury. residents of the tiny town of rutledge in the us state of georgia have flooded county officials with complaints. they say the 5000000000 dollar plant will ruin their rural quality of life. this is ravines version of the shiny new electric vehicle boiled the companies, electric adventure vehicles ready to conquer the u. s. market reveal, headquartered in irvine, california says it's future is bright. one reason for that optimism is here. well, not here, but he, oh, no, come to me, teach movie, 50 miles east of atlanta. the tiny town in morgan county, georgia is home to just about 900 residence. there is no traffic light in rutledge . the only intersection in town is safeguarded by this,
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the stop sign beryl ah, cruise alton howard, the mayor of rutledge is in a bit of a tight spot right now ravines plan to build a huge electrical vehicle. assembly plant nearby is not sitting well with everybody in town. alton, our things, he knows why most the people who moved moved here and they were all like, oh my wife carol and i, i gotta be empty nesters and we were tired of the, of the hassles of the atlanta area or that. so we, you know, we came out here to, to relax many here, fear at the beginning of river in rutledge could mean the end of their cherished lifestyle. the e v maker wants this area a whopping 2000 acres, or the equivalent of 1515 football fields for their massive new plant project
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terror as river calls, it could bring an estimated 7 and a half 1000 new jobs into the roof region oh, we me, jo, ellan arts and chess. more for lunch. the only open restaurant in town, jo, ellan and chess are part of a local group representing thousands of opponents to the proposed riven project. every day is like a vacation here. the utah membrane is 750210000 people a day. 24 hours a day into a town that doesn't even have a stoplight. also the concern about lithium batteries. and once this had been announced, it then was revealed that they planned to make lithium batteries and site in a production process. it's never been done before in the united states. ah, there are many more concerns including groundwater level than water quality
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protection. for example, there are also many grievances about the decision process. there's anger about the elapsed lag of transparency and frustration with local and state officials involved in bringing river in to the area. that's over main of is the same here in berlin from lauder. let me can head over to our website. it's d to we dot com slash business. we also on the doing his issue channels to next time with ah ah,
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