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tv   Business - News  Deutsche Welle  June 8, 2022 12:15pm-12:31pm CEST

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thank you for that, said joe joe dole. right. and then just to recap, one person, dad, several people reported to been injured after someone drove into crowds that in central but in thank you for that, joe. up next here all day w janelle dumas has your business updates and i'll be back at the top of the hour with more world views, or it's available around the clock, of course, on the d w app or on d, w dot com. i'm good with imagine how many pushes lunch us her now in the world. climate change can be very often story. this is my plan, the way from just one week. how much work can really get
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we still have time to work. i'm going all with what happened 175 years ago. the young start up entrepreneur at a specific goal. 1 build the best article instruments in the world. good size. indeed his wish has become a reality when he suddenly 5 years of size starts june 19th on w with ah, getting grain out of ukraine brushes. foreign minister says his country is ready to ensure the safety of ship leaving ukrainian ports. also on the show, we shine a light on europe dependence on china's solar industry. this is dw business.
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i'm janelle de malott on russian foreign minister, sergei la. rob says moscow will allow ukrainian food exports to leave ukraine. after talks with his turkish counterpart in and cara, he said russia agreed not to exploit the situation surrounding ukrainian green ships. cream is one of the world's largest 6 quarters read horn in sunflower oil. but the war and russia located of the premium force have halted exports and endangered food supplies to many developing countries. i'm joined by d. w reporter akron a q t. welcome gram. so what have we heard so far? coming out of turkey today? we are the negotiations to get the gray notice moving in too positive direction. and the turkish foreign minister chose shorter said turkey wants to do whatever it takes to take in taken part to get the grain out of ukraine. and this means that
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turkey will probably join in clearing the mines in order support. this is the proposed plan by united nations. and turkey also shows that this will be run by the ukrainian come to come to part cuba. and when you grant a grease, i think the did the work to get the grain out starts in the coming weeks. now of course, this is contingent on ukraine agreeing, but can you tell us more about how turkey plans do help you creamy and green reach global markets where basically we hear in turkish media, especially that the proposed plan involves turkey to take part in clearing the minds and escorting the, the, the rest of our carrying the grain and to read from ukraine to international waters in black sea region. and the next stage would be the turkey in russian warships would escort the great ships to arrive in both for straight and stumble. and the
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whole operation would be overseen by a common from a coma center run by united nations. and now, how is a turkey managing to balance its relations with both ukraine and russia? shirley, this is a delicate balance to strike. want ok a doctor to know to position on very early on, and they always defended that the only solution to end the war would be based on negotiations and turkey as a critical relations both with ukraine and with russia in many different fields in tourism, in trade in the military, and meanwhile they propose a 1st peace talks in searcy in the middle of march, and obviously which was collapsed. and what's interesting is to get you to keep the communication channels with russia open channels open. meanwhile, selling military drones to ukraine and they manage so far to balance, to, to continue a balanced position in the school. now,
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what is it that target gets out of assuming a key role in these negotiations on blocking green exports out of ukraine? why actually there is a lot at stake and 30 wants to prove once again, i don't, government wants to prove once again that they are a key player in the region. and they, they, they play a key role in the, in the, in the, in a stablish and security in the region. and this, of course, will reflect on the domestic policies as well. that was position will be once again, reasons for reinforce as a, as the strong leader in the region and brokering the piece in ukraine if possible. so in many ways this is about our air to one wanting to gain prestige abroad at home. thank you very much. that was my colleague, i can't hear you. thank you for your insights. now the war, of course, has hit ukrainian farmers in the countries east. they've been planting seasonal
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vegetables, despite fierce fighting in the area. a russian missile comes to rest in the ukrainian farmer's field right in the bread basket of europe. thanks to the soft ground. this one didn't explode. but despite the danger, life must go on. and farm, as in ukraine's eastern dunbar region, have nowhere else to go. and that may seem like it was the yeah, this constant shelling, there are some breaks, but they are very short, were not sleeping at night at all. while they're showing you are shaking in the bed . there's no way to go and no money to go. they planting seasonal vegetables in this field as they have done every spring for generations with this shelling from every way a daily what can we do? we need to live somehow and to survive somehow. yes, that's what i i won't go away from here it's, it's my field. why should i go somewhere else with
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normally ukraine supplies just over 40 percent of the sunflower oil tried it on the global market. 16 percent of the maze and nearly 10 percent of the world wheat. but with russia blockading, ukraine's ports around 25000000 tons of grain are stuck in the country. according to the united nations food and agriculture organization. there's also evidence that moscow's troops have been looting storage facilities and transporting the grind back to russia. to make matters worse, rushes invasion has deliberately targeted ukraine's agricultural sector, leading to downgraded harvest forecasts for this year. now to some of the other global business stories making use australia's antitrust regulator has sued air b and be saying the accommodation sharing website misled users into paying more than advertise from 2018 to 2021. it advertised and charge room rates in us
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dollars without indicating the much higher rates in australian dollars or been be refused to refund users who complained us treasury secretary john at yellen says inflation, is that an acceptable levels? but she said it was a global problem. speaking to a senate committee, she defended president biden stimulus package on which some blame for rising prices . yellen said it had been needed to prevent high unemployment and poverty. people are damned, rushes foreign ministry has suspended a 1998 agreement with japan that allowed japanese fishermen to fish near the disputed southern corral islands. moscow said it was a forced to suspend the agreement since japan failed to make the payments required under the deal. european officials have agreed to require a common charger for smartphones, tablets and laptops,
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beginning in 2024. they believe a standard cable for all devices sold in the you will cut back on electronic waste . but eiffel make her apple or use a one size fits all charger would slow innovation and create more pollution. now both the war in europe and the ongoing supply chain. prices have exposed of the weaknesses of and diversified sources, europe's dependency on chinese solar components. for example, is even greater than on russian gas. german startup. next buffer wants to change that. this silicon wafer is used to make solar cells. 95 percent of them are made in china, where manufacturers benefit from cheap energy. but the chinese cost advantage in solar energy could start to waver. the fallen haul for a startup next wave located in the southern german city of fryeburg has developed a new cost effective way for production process. livable
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renier, with nicholson, we consume 70 percent less energy. we have markedly lower cost and on top of that, our wafers have characteristics such as being thinner, which cannot be achieved with conventional chinese production methods so far. oh, good. good. so far it's only a small pilot project. bought by the end of 2020 to a factory, being built in the state of saxony on hunt will be its 1st mass production facility . next wave is in talks with european solar manufacturers. even china is showing interest. indian industrial conglomerate reliance is on board is a strategic partner. rude, i'm thought, said on reliance as announced plans in india to build the solar industries and tire production chain on a gigawatts scale. and way for production with next waves. technology will be one component of it on both of the dresden based firm solar want has been competing with chinese rivals without offering any cost advantage. the company is counting on
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high quality modules for family homes and environmentally friendly production. this is proving popular because customers are willing to pay more for it. off demand has gone through the roof, it's noticeable orders are rising, our books are full. customers must wait long periods until the modules are delivered along with the lowest growth well. but china cannot be left out completely. solar want needs, wafers from asia, due to a shortage in europe. recruiting the over with you, but we're just not getting them in the quantities we need. we're really being forced to rely on asian countries. lavelle solar wants c e o debt lab. no house blamed the government in part because 10 years ago it caught solar funding earlier than planned. the sector is worried when the get that's what he has cannot. of course, no one is going to come and invest hundreds of millions or even billions, if they don't at least offer
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a stable framework and planning security. the european commission has been taking a closer look. it's planning to take steps to bolster production again in europe. the european chamber of commerce in beijing has released the study examining german chinese research ties. i asked president your foot care about the criticism around engagement with non democratic countries like china. well, members of the 800 of them across 9 cities. of course they're, we're discussing the kind of authoritarian approach. im me, we are the subjects to that. we don't like in germany that far away where amongst those that actually feel the kind of wrestle to part you breathing down on like at times. but at the same time, again, we are here for business. we are generating income via generates and profit. in many ways, to the extent were we stabilized back home or headquarters. that's in this many areas between 20 and 40 percent of profit comes from china. our back home offices will look very different result the chinese market. so you have to really
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distinguish in areas where you might not want to be, or at least you want to be in a very targeted manner such as john, at the same time, of course, we cannot deny the fact that we learn a lot of here and again, how to clinton is the german customer off charnessa products, the 1300000000 euro every day, off goods come from china into european union, but nobody talks about the dependency of just general customers there. now you've called your report, china's innovation ecosystem, right? for many, but not for all, for whom is that not right? an early fall margin nationals, it's much better if you are. it was a big company. you have some political leverage. if you have a grant to department with the lawyers, do you have the money in order to get external ex expertise as to me middle shed on board, challenge there of course. and also if they lose it because of technology leakage or frankly stealing one of their major items or technologies,
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then they might actually be threatened globally. and so anyway, you have to be very cautious when you go here again, we have a lot of help build up for it. we have an ip help desk in the european chamber for middle strand, and we have a nice center that actually tell people where the advantage is all and by the wrists way, possibly better, not show up. you're a great guy. he is the european chamber of commerce, a president in china. thank you very much for your time today. thanks for watching . ah. when the see deans up in the arctic ocean, marine biologists are researching under water climate change? the changes on not just a warning sign. rising water temperatures are becoming an existential
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threat for the entire system. kluso next on d. w. a. if you ever have to cover up a murder, the best way is to make an accident. raring to you've never read a book like this. literature list under germany st ah ah, the arctic heim to a giant ocean credits of the old cup or killer whale off the coast of no way.

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