tv Business - News Deutsche Welle June 23, 2022 12:15pm-12:31pm CEST
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use your watching date of the news that say for this hour chris code is up next after a short break with your business news. don't go away for that. and i forget you can get all the news around the clock on our website. at d, w dot com on socials to handle you need is at the d. w needs for math. and how'd me on the team here in berlin? chris kobus coming in that he'll be next with this and go ah ah ah, we're all the kids to go beyond the obvious where as we take on the world, 8 hours, i do all this. yeah. we're all about the stories that matter to you.
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whatever it takes to find police, my follow with we are your is actually on fire made for mines. the gas is now a scarce commodity. in germany, the vice chancellor says, as the government declares the alarm level of the country's gas emergency plan, we'll have live analysis on what that means. also coming up the ukraine war and a delicate discussion on expansion. talked our correspondence on how india aims to position itself with the virtual gathering of bricks, nation. and we'll go to rhonda where germany's by on tech begins construction of
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a factory for cove in 1900 jobs, but many are asking themselves why only now i'm chris kolber. welcome to the program. germany isn't a gas crisis. vice chancellor and economy minister robert hobbins today as russia is dwindling supplies, germany declared phase 2 of its 3 stage emergency gas plan. now this alarm stage plan for when the government sees a high risk of long term supply shortages of gas economy. mr. of a hobby speaking on the topic earlier today, he put phase 2 into effect, which does allow utility companies to pass on high gas prices to customers with the goal of forcing down demand for gas. but good morning, this from our political correspondent, hans bronte has this sounds like a serious situation. is it? yes it is. i think for the economy minnes, as i say, the gas is becoming
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a scarce come out. model is a fairly drastic phrase. and for the government to raise an alarm and official alarm, the focus at the moment is on saving as much gas as possible now to get it into storage so that there might may be enough available for the winter for heating and winter later this year. so it's not a signal yet that the market is no longer functioning. in fact, the emphasis is that there is gas available on the market, but obviously with russian gas becoming much less available all over europe. the everybody is looking towards new supplies towards alternative supplies, and that's been raising prices. at the same time, there are incentives that have been announced to help companies, especially industrial uses of gas to save gas. there is an auction measure mechanism that is going to be put in place and in a short shortly where companies that manage to save gas can
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auction that gas off to other uses. presumably mostly to me put into a storage and be to be compensated. and that way for the savings that they implement. so it's an, it's an attempt to raise the alarm to tell industrial users, but also households that are really serious, that one needs to look at saving gas wherever possible at the moment. shortly i believe if you would, when will prices for customers of utilities actually rise because they're not, they're not passing on these higher prices as of now, do they? well, i mean, some of the prices have already risen. but what's possible after this alarm phase in this alarm phase is that the supplies, given the possibility of cancelling existing contracts and passing on immediately
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the prices that are being demanded on the market. in other words, if you have a contract that gives you a kind of price guarantee, those price guarantees would no longer be valid. but that is a step that the government is not taking at the moment. it's the next possible, drastic step. but at the moment, it's not something that is the director envisioned in the near future. w political correspondent hands branton. thank you. china is hosting the 14th summit of bricks, countries in beijing. virtually that is, it is meant to produce a layout for a new era of global development as host put it, but it will also focus on other items, russia, war, and ukraine, for example, and the ongoing pandemic. now, bricks is an acronym for the 5 major emerging global economies, namely brazil, russia, india, china, and south africa. these 5 countries are home to 3200000000 people, and that is 40 percent. their economies account for almost
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a quarter of the world's g d p. opening the meeting, china's leaders teaching ping had this to say. this is allison sher human history, like a river will keep moving forward with moments of both calm waters and huge waste. despite changes in an evolving global environment, the historical trend of openness and development will not reverse course. and our shared desire to meet challenges together through corporation will remain as strong as ever. that talk more about the bricks summit and the role india is playing where the charo carter care are correspondent in delhi, a charo. what is india's main objective at this meeting, which is dominated, obviously by the war and ukraine and it's ramifications well, chris and does formal response to the summit and in the us bug reservation,
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there has been very standard. it's been focused on the teams that india has been talking, not talking about ever since bricks came up. and that is essentially a reform of the multi lateral order in favor of developing countries. and so even, even this time around, the formal response has centered around this team only. but we do know that for the last couple of years, india has been involved in this effort to give out a message to the western block, as well as of its partners in bricks that in india is, is looking at partnerships across the world to further it's its own interest, so it's it's, it's been trying to sort of balance interests of various groups. so at one on, on one hand it participate in breaks and the on the other handed participates in the quad as well. so just a couple of weeks ago in the above dissipated in the quad summit. so a soon on on, on very close, on the heels of the quote some it comes breaks. so it's sort of
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a messaging to balance or border blocks chris, let's see on the issue of ukraine here for a 2nd emitter barrage of a western sanction sir. russia's leader vladimir putin as says that his country is actively re directing trade and economic context towards bricks. countries have tie his between delhi and moscow trade ties for that matter. strengthen well, a definitely strengthened and chris. we know that for ever since the war broke out and ever since us and european nations in both sanctions on russia, we saw that india began buying russian oil at a discount. good price is now. as the war progressed, and as the west sanctions kept on intensifying reports started coming in of india's . but jesus of russian oil going up significantly and even exponentially later on
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at a heavy discounted rate. and just yesterday, i think the russian president vladimir putin himself admitted that russia's trade to india, china and brazil has gone on by about 38 percent and a very short period of time in just the 1st 3 months of this year. so that's a, that's a significant admission by buddha himself and my church to the shagging of the western block. but yes, that remains to be the fact that the trade dies are definitely on an upward swing chris and charo. there's talk about expanding this bricks group or adding new members to it. what is india's position when it comes to that? well, chris, formerly met india, has made noise about that. it has not made any significant statement as to whether it endorses auto boys as the expansion of for the bricks grouping. but then there are several a reports that, that,
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that do indicate that there seems to be some displeasure in new delhi about china's plans to expand the grouping to include many other nations in it. india apparently feels that these know china wants to bring in these nations to bring in more members, which will be under chinese influence to offset or the, the weight of india and russia in the summer. so they did hon. it's in india is not happy and that it will try to resist these plans for bricks expansion. chris. d. w is char, regarding her and deli charo. thank you. it is 2 rwanda now, were germany's by on tax started to construction of a coven, 19 vaccine factory. it is part of a plan to help countries in africa jumpstart a manufacturing network for the continent. it may have taken them months to get here, but better late than never. western vaccine makers of finally setting up manufacturing
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facilities in african countries. at a time when they are more than enough jobs to go around. but locals, a looking beyond the current pandemic, is office i from what i mean. i have one or 2. well, i come out of time when you know my antics african vaccine manufacturing facility will greatly facilitate the prevention of any disease that may occur in our countries. condie with the hands say if these vaccines are manufactured here, the purchase price will not be high. as a one, and it is a good way to fight the next pandemic to see what kind of a his so when the next pandemic arrives, having vaccine manufacturers on the ground may very well make the difference between life and death. here as it has across the globe, all right, for more or less crossover to the iranian capital kigali and our correspondent
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isaac mcgarvey there. isaac, this investment seems to be coming quite late actually. i mean there's from criticism that african countries are pretty far back. the line when it comes to fighting the pandemic. what do people in rhonda make of that view? well 1st of all, it, if we're going to run, i'm not sure about that because the african look behind they've seen developed countries talked about themselves before this thought about as you remember when they broke out every country and it was sort of question. so for them to think this is really pretty just but again, it is september, the lack of technology in african countries to develop their own vaccines to give to that people. so that was, but the lynch, ah, so it up them off of miss information about the efficacy of the vaccine themselves . you know, your day there's been so much of 15 years about since and when a continent where there's so many people in it,
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they would take it in information turn out to them as to as the truth. so that's another factor answer today. if some people don't want to talk, since they seem to like since i think i think they don't walk. as i go there have been efforts towards a coven 19 jab produced and develop, actually, within africa. how far along all these efforts? well, it's a job to be devoted. entrepreneurship was same between stuff because i didn't buy the biologics rather on bed gems. it was sent on, they have a ticket, open this box in for africa by the end of the however, when it does the timeline to get themselves, it's a bunch of to wait and see whether indeed that com to about this i see just a few minutes ago the present government officials on biotech were saying they have to deliver the 1st like since the end of the dw is isaac mal gobby and k golly, thank you. and that wraps up our show for more check out our
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w's crime fighters are back to africa. most successful radio drama series continues them all episodes are available online. and of course you can share and discuss on d, w, africa's facebook page and other social media platforms, crime fighters, tune in now with in an easier is a fast archipelago countries that consists over $17000.00 islands and if capital city. yeah, gotta look at it and jump island is one of the most dead places on earth. yeah. got about his go rapidly and with this comes commuter problems in the population of almost 11000000 people. i'm alex alba. i was born here in jakarta. i'm an actor and a self, a visual artist, i believe.
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