tv Business - News Deutsche Welle June 2, 2022 1:15am-1:31am CEST
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3 won the match, had been postponed in march after russia's invasion of ukraine and re ya. malenko opened the scoring for ukraine just after the half hour mark. and then roman aram joke. net a bear 2nd early in the 2nd half and a late scotland goal was a little too little too late. if ukraine beat wells on sunday, they'll have qualified for the world cup. you're watching the w's from berlin. i am told me all logical christy platen is up next to a dw business news, and remember you can get news all around the clock. d t, v dot com, find us on social media as well. stay with people and trucks injured when trying to flee the city center. more and more refugees are being turned away. families theory.
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with extreme ross getting 200 people around the world. more than 300000000 people are seeking refuge. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, ah! shanghai springs back to life. after months of isolation under china, 0 coven strategy, people are driving cars again, cramming onto buses and trains, and hoping never again. and a global rethink on how we do energy. as rushes war on ukraine puts pressure on oil
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prices, african nations turn to renewables. welcome to the deed of your business. i'm christy plasm. china's financial hub is up and running again. residents of shanghai are allowed out after 2 months of lockdown, bought their signs. china 0 corporate strategy could be the here for years. it's hurt business and even as the curves are rolled back in some cities, they continue to weigh on confidence and demand. finally, fresh air and it's not just this dog who is happy about it. almost all of our apartment complex has always been in a sealed area. i can move about freely now and today is my 1st day out. i feel like i've regained my old freedom and he said he'll hop. senses and barriers are coming down across shanghai. most people can, once again, return to their offices and take public transport. stores are also reopening
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conditions seem to be getting better with the help of an economic stimulus package . the treasury, among other measures we will be v funding, sales taxes and help companies that are in heart hits sectors like tourism. our culture with one off demons of the weiss, mayor of shank, i announced usual, do you, jo, orange room when you look, beijing's central government has announced a full package of incentives and concessions, including tax breaks for companies, easier access to loans and a boost to the car market, china stuff, 0 cove, it policy was difficult for people and businesses and led to a slump in industries. there was not a lot of products or goods coming out of the country, consequences of which were felt around the world. well, for how this is affecting us markets, let's bring indians court a on the streets in o at his home in new york. pardon me? yes. are china's 0 covered policy? was obviously a major disruptor. i'm to us supply chains to us business. how significant is this?
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shanghai reopening for the us economy? yeah, well, it definitely is a welcome use christy. for a lot of for you as sir corporations take tesla, just as one example they are producing roughly a half of their fleet. and so far am in a shanghai but clearly also other companies, some and 2 industries. some are, are seeing some relief. i mean, the chung high economy has not fully a reopened yet, but to him all this news sir, definitely is also welcomed on this side to him or offer. yeah. of the world's. he's what you are. you mentioned tesla and let's actually wanted to ask about that . and we also heard today that tesla's elan mosque has reportedly told his employees that they need to return to working in the office or go to print, go pretend to work somewhere else. is this the mentality that is prevalent among us
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employers? well, i mean, right now i'm in my home office. so myself, but i have to say i prefer working out of the office. but if you look at certain surveys, so at the last the survey more than m. hop off, the employee actually would prefer to not fully return to the office on the other side. more board company, especially in the finance industry, for example, they do ask their employees to fully come back, but we are talking about a very tight labor market at this moment. so the big question is, if employers have the power to really ask their workers to fully return, and we will also see it with tesla. if we might see some of those employees actually rather quit their jobs than fully return to the office. so i guess a lot of employers and also employees will look on what's going to happen next.
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we're tesla, right? well yeah, let's stick with us business leaders again for a minute here. now the c e o of j. p. morgan chase, jamie diamond, has warned investors to prepare for an economic hurricane to come. what did he mean by this? well, those are pretty thought were it's just a week ago, jamie diamond actually prepared tim, his staff and investors that he sees some a storm cloud sir. but it's not clear if both clouds will all eventually result in a storm. so now just the week later he is talking about hurry can partly because of the war in the crate and what that means for an energy markets for commodity markets for food markets. you say that potentially the oil price could go all the way up to $150.00 or $175.00 per barrel. that was that also make inflation
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matters worse than the other side. he also looks at the federal reserve, not just about the interest rate hikes, but actually the tightening so that the federal reserve is about to get rid of treasury's bonds and the amount of up to 95000000000 dollars a month. something we haven't ever really seen in that's incent and that's why a jamie diamond is saying there could be hurricane coming, even if right now the status quo. every thing looks mostly bright and sunny, but jamie diamond wants that could a change and therefore his bank at least is going to be pretty conservative in the next couple of months. you know, car to thank you so much for that. now to some of the other global business stories making news today, a special discounted travel pass has gone on sale in germany. the 9 euro ticket is
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valid on local trains and buses across the country for a whole month. it's aimed at getting people out of their cars. at least 7000000 have already been sold. as the european union prepares to bit ban most of russian oil imports, some oil producing countries are reportedly considering the suspension of russia from opec plus. the group consists of 23 oil producing countries. russia joined in 2016 mexican president, andreas. manuela pres, up over a door has banned the sale of east cigarettes. he says it was a lie to claim, but ye cigarettes are a safe alternative to inhaling tobacco smoke. the government cited the world health organization which considers e cigarettes to be harmful while rushes war in ukraine has hastened. the trend for governments to rethink their energy strategies and, and to fossil fuels and a shift to towards renewables. experts see a huge potential in africa. some large scale projects already exist there like this
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solar power plant. recent estimates show africa could generate a 1000 times more electricity than it needs for its own use by the year 2040. now africa has an abundance of clean sources, especially wind. now, morocco and egypt are also leaders in renewables. algeria is also making entrance on the scene. and south africa is a leader in solar. there are also big projects coming online in zambia, namibia, tanzania, and mozambique. now clean power could turn african countries into major producers and exporters of energy, boosting energy security, lowering long term energy costs and generating a range of economic benefits. molly is one example. these young people are acquiring skills that will open door to new opportunities here in this taylor's workshop in the town of cory,
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they're learning how to make clothes professionally. solar energy made this possible. it's supply santiago's, taylor's shop, with electricity, as well as the other establishment of this small business area, built by an international development and geo. it's a mr. improve living conditions and fight against climate change and its impacts. that includes helping people in rural areas to develop skills and find ways to earn a living ranch where they are born the lee on one being part of the center and having access to electricity at an affordable price feelings a lot more is possibly all one. okay. or another this greed business area inquiry oakland. 2 years ago. 15 small businesses have already set up shop ab border da, thanks to a steady supply of electricity. this carpenter can be more productive liddy ongoing,
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but is in charge of keeping the solar plant operates in smoothly. it replaced the dirty and noisy generators previously used to generate electricity. the system produces around 40000 kilowatt hours a year, on average. that's enough to keep more than $400.00 standard refrigerators operating for an entire year. lock up, i think that go into something energy generated by the solar panels is more than sufficient. it and if there is new the production, i think it will balance out eventually because not all the businesses have been established yet to come back in from the french and geo has plans to develop several more sites of the country within the next few years. don't go said she did that we're both on a financial to the idea is to engage people on location. local to involve members of the local community alarm is on plaza, in the process of setting up the infrastructure in. okay, that's very important. you don't go now. it's also our objective to support sustainable development if the aim of securing access to clean energy to every one
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in the area by 2032 level production. does he to me. com. solar power has enabled people like simpson level to set up shop near home, eliminates the need to move to cities for work could help curb the rural exodus. paul van sun is the president of dubai base d. desert energy, which is involved in promoting renewable power in africa. we asked him, what role the continent could play and moving beyond fossil fuel, africa, especially in north africa, that this doesn't area is out standing area to become a powerhouse through the world. and the, as you know, we start the already 10 years ago to indeed the 1st steps to bring this region to, to the level of the power house. if we talk about the africa, we have to, to put this in perspective off the population goes in africa. as you know about 40 percent of the population has access to electricity. and most of these electricity
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today is fossil based on the 1st priority. of course is due to, to access the energy a locally in africa and also to bring it to a level of green energy. these are the, they're the real priorities. but at the same time, it is good at africa is preparing really for exports of a green energy to eat to, for instance, europe into the world to japan and so on. well that was our show, i'm christy plants and for me and the whole business team here in berlin. thank you for watching. with nice on the front line here. they're hit with grenades every day in the small ukrainian town of new york, 3 quarters of the inhabitants heflin. but some of giving up their
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homes. no, their hope for peace. focus on europe. next, on d, w. enter the conflict. so with tim, sebastian, how worry, go russia 5 about the progress of the war? mobiles of investigative journalists was managed to pierce the veil of secrecy among them. i'm very old data founder and editor of be again, tour website. we've tracked rushes in tele, do services. it's really difficult for psychological play dough because not only about 50 minutes ago, t w, a we're all good to go beyond deal
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