a late scotland goal was too little, too late. if you crane beat wells and sunday they'll have qualified for the welcome . you're watching denise from berlin. i'm told me a lot of book christie plaza is up next with dw business news. remember our website deal dot com has got all the latest news. stay with us. with her again that i think that's hard. and in the end the some me, you are not allowed to you anymore. we will send you back her. are you familiar with this? with the smugglers reliance of the what's your story. ready ready have he wasn't, i was women, especially victims of violence in i labs and take part and send us your story. we

are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information. 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 prices, african nations turn to renewables. welcome to the of dw business, i'm christy plaid. some. china's financial hub is up and running again. residents of shanghai are allowed out for 2 months of lockdown,

but there are signs china 0 covered 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 in in ha, ha ha ha. senses and barriers are coming down across shanghai. most people can, once again return to their offices and take public transport. stores are also re opening conditions seemed to be getting better with the help of an economic stimulus package. the treasury board, 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. the weiss mayor of shank, i announced usual, you,

your joy, angel, 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. while for how this is affecting us markets, let's bring in young court a on the streets in o at his home in new york. pardon me? yes. china's 0 covered policy was obviously a major disruptor to us supply chains to us business. how significant is this? shanghai reopening for the us economy. yeah, well, definitely welcome you, christie, for a lot of us. so corporations take tesla,

just as one example, they're producing roughly half of their fleet them so far in shanghai, but also other companies and industry are seeing some relief. i mean, the shanghai economy has not fully reopened a yet, but all the you said definitely is also welcomed on this side of yeah, of the world cease. well, you, you mentioned tesla. yeah. unless i actually wanted to ask about that. we also heard today that pistols, 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 a mentality that's prevalent among us 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 half of the employees 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 a 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. tesla. right, well yeah, let's stick with us business leaders again for a minute here. now the c 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 who are pretty thought were, it's just a week ago, jamie diamond actually prepared 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 crane and what that means for energy markets for commodity markets, for food markets. you say that potentially the oil price could go all the way up to $15175.00 per barrel and was that's also make and inflation 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 in the amount of up to 95000000000 dollars

a month. something we haven't ever really seen and that's extend sent and that's why jamie diamond is saying there could be hurricane coming, even if right now the status quo. every sort of thing looks mostly bright and sunny, but jamie diamond wants that could change and therefore his bank at least is going to be a pretty conservative in the next couple of months. you know, quarter. 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 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 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 ex borders 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, will open doors to new opportunities here in this tennis workshop for the town of cory, they're learning how to make clothes professionally. solar energy made this possible. it's supplies in august 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 mystery. improve living conditions and fight against climate change and its impacts. that includes healthy people in rural areas to develop skills and find ways to earn a living much where they are born the lee and one being part of the center and having access to electricity at an affordable price means a lot more is possibly all one. okay, what another this greed, business area inquiry open 2 years ago. 50 small businesses have already set up shop a beach florida. thanks for a steady supply of electricity. this carpenter can be more productive liddy ongoing, 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 sort of a central to the idea is to engage people on location. local to involve members of the local community allow me 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 everyone in the area by 2030 to level production. does he to me can't. so the 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 one does with area is out standing area to become a powerhouse to the world. and as you know, we start the already 10 years ago to indeed the 1st steps to, to bring this region to, to the level of the power house. every 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 today is a photo. so 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, the real priorities. but at the same time,

it is good that africa is preparing really for exports of green energy to, 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 c asia, an odd lovers guide this time while i'm poor. how does bring people together in a culturally diversity painting that a human or that is so different? atheist, eat with

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