also on our show, the british economy is without a rudder and facing rough waters ahead. we look at the challenges facing london. and soaring food prices are leading to pressure on biofuel producers to put their crop lance to different use. hello, welcome to the show. i'm see from beardsley in berlin. foreign ministers from some of the world's top economies are meeting today in indonesia under the g 20 format rushes war in ukraine is a central focus of discussions. chinese trade relations are also on the agenda. countries. foreign minister was scheduled to meet his counterpart from australia for the 1st time in 3 years. the 2 are expected to discuss b genes, unofficial trade embargoes on australian, coal, and wine among other products. china took no steps in reaction to australian politics that were deemed critical of beijing. here's all series foreign minister on how she planned to approach that meeting. that we all know we have our differences. there are challenges in relationship. we believe engagement is

necessary to stabilize the relationship approaches. australian government will always be centered on the strengths, national interests. that is how we will approach this meeting. that is how we approach all of our international engagement. and we will decide calmly and consistently decide diplomatically and directly are i. richard mcgregor is a senior fellow for east asia. at the low institute said he joined me for more a richer thanks for coming onto the show. we just heard from australia's foreign minister, i would say, she suggested how intense this dispute between the 2 nations has been saying, we're going to approach it calmly will be, will be reserved. what can we expect out of this meeting? do we have any idea? i think you should expect very little. they have not met. there's been no sort of meetings between foreign ministers as you say for nearly 3 years. i think there might might be a bit of benting on both sides. both sides will have a lengthy boundary lines. they will have to get through them on their,

on political purposes. i think the thing to look for is what is scheduled to happen after this. in other words, will there be any, any forums, any talks in the issues identified? the 2 sides can continue to talk about, but nobody should think this is a reset in the relationship that reset implies is going back to what it was. i think it's a foreign minister. any walk said it's about stabilizing the relationship. australia has seemed to whether these embargoes pretty well even if certain branches have suffered under them. could it service something of a blueprint or encouragement for other nations who are facing similar penalties from china? well, if it's possible, if you look at other nations that have been subjected to economic coercion from china, most recently, south career in 20162017. they were that, that like go straight to some industry stuff that significantly. so i think,

you know, i think the, the lesson from this is that, you know, it's not easy to coerce the country economically. it's not easy to force another country in such a sort of like it fashion to sort of change policy and the like an almost always has a very negative effect on public opinion in the target country, which really just helps strengthen governments result. so i don't think china thinks it's been the success, but i have to say that australia might be a little bit complacent about its ability to withstand this because we benefited from i, commodity prices were a commodity export or china doesn't have anywhere else to go for a number of models. so we've got through it, but we've had a bit of luck as well. richard briefly, if you can just trying to not have also also have incentives to repair these relations when we look at its appetite for coal. for example, that is one of the biggest exports from australia we're well,

they're taking any striving calling. busy they're getting it from russia. you know, china seems to have a great tolerance for. busy annoying many countries at the moment, so i'm not quite sure what their appetite is for really repairing relations. right . richard mcgregor at the low institute. thank you very much. thank you. or russia's invasion of ukraine and the food crisis did at least have heightened the debate on the use of crops to make biofuel. a critics are increasing their calls for a halt. biofuel production. farmers have other ideas, big green pieces, mobilizing against biofuels. in hamburg, the environmental protection organisation is protesting against the use of plant crops and grain to produce biodiesel and ethanol. they insist that only food should be grown on arab land. mucus tougher him out. attack coding biofuel in petrol tanks makes no environmental sense. we're facing

a global food crisis and to process valuable grain into gasoline right now is irresponsible. the government must stop this madness immediately. bombs and food belongs on the plate and not in the tank. good often tell our mission and tongue. farmer kurth anchor has little sympathy with this argument. he supplies grain to a biofuel factory very close to lights each. but it's all low quality grain that has been damaged by drought or too much rain for example, and is not suitable for baking bread. ran 20 percent of his harvest actually ends up in a gas tank the this craig mill as best of buy it. first of all, we get the best price for wheat used for bread. we get an even better price for high quality wheat with a lot of protein for the past to industry. and good. then lastly, come see tweet. suppose lights and bio ethanol with salads. couldn't put. all right, so be, i don't know why a fuser legally require to be blended with diesel and gasoline. they're considered

environmentally friendly because on balance they help reduce c o 2, which is harmful to the environment. a reduction and biofuels would hit the eastern german farm crop energies. hard. ethanol is produced here from grain last year, the company produced 1100000000 leaders of biofuel in germany. as a substitute for pipeline oil. for example, from russia. the company also produces protein. this is a byproduct of ethanol production. one ton of grain from domestic production is turned into a range of products, a crop energies. i own a kito. hm. is annoyed. fiona, 300 kilograms of ethanol. 400 kilograms of protein feed, which is directly turned into human animal food, and which directly reduces saw imports from south america. i'm in the book to

address the demands of critics of grain based biofuels. the industry could gradually switch to other biological feed stocks. there could, for example, be a gradual switch from serials to straw, a manure from animal sheds. after all, there's a lot of energy and manure to was speaking of rising prices. the united kingdom is just one of several industrialized nations that suffering from significant inflation as well as the prospect of a slumping economy. but the u. k. outlook is even bleaker than its peers. the bank of england warning of a long lasting economic crisis as political turbulence unfolds. officials, statistics show growth falling from 7.4 percent last year to 3.7 percent this year . the i'll look for 2023 is even bleaker at 0 percent. that's according to the o, e c d, and it's latest figures. now some, even if you're the u. k, will slip into a recession, high fuel and food prices as we just saw, there are 2 culprits of the slowing growth. the inflation rate rose to 9 point one

percent in the u. k. in may. that's the highest rate in 40 years. of the central bank expects it to hit double digits within a few months. or i solomon feler is an economist at baron beg bank. he joined me for more. the u. k. expected to see this incredibly slow growth, a slow growth of developing countries. why is that? right? so even the numbers that you cited now may be a bit optimistic. we think that the u. k. may already be in a recession actually. so one reason why maybe starting a bit early and u. k is also the different pattern of coming out of the pandemic. so in the euro zone, you have still a little bit of a reopening momentum stamps and the impact of the russian energy crisis. now. but in the end, it will be a phenomenon that you can see or will be able to see throughout europe. as scott

supplies curtailed, so it's only hitting a maybe and then it can also move out of the current crisis. all right, now political, now a gap at the very top of politics in the u. k. force johnson resigning. what does that mean during such a difficult time to have a gap there at the very top of the country? right. say, well, maybe it's the problem that the u. k. condra. but on the other hand, you can't make any major missteps. say in a current situation, many pitfalls for politicians a day it should probably avoid. so if you're now in this situation where inflation is already high, increase the fisco policy impacts more fans more. maybe contact this. if you spend too much, you will only accept inflation further. so if you can't do that for

a couple months, that might even be helpful. right. sullivan feel that bird bank? thank you very much. thank you. over to germany now where volkswagen has broken ground on its 1st in house battery. so plant the factory located in the city of south getter is another barrel accompanies electric future. and its ability to catch up with electric vehicle competition or the u. s. and asia is this where the automotive industry of the future will be created. we w wants to use its new plan to produce the green unified cell for use in the groups, electric cars in the future, the combustion engine which formed the foundation for v w. success will become a thing of the past and just a few years. listen county and thought we need not fear this transformation. you opportunities outweigh the risks to those of the forefront to the that applies the site here in south ghetto, but also to brown fi where we build our battery systems. that applies to castle

where we build the electric motor. this transformation off is a lot more opportunities than risks and fraud. but you need money for that gate. brown money is needed. the investments are high. yes. building costs and up to 2000000000 euros. the factory should be ready by 2025. the plant will act as a blueprint for further sake sale factories in europe and the prospect of further factories in north america. in the future. we are marveling, we've already committed to valencia dependent on subsidies. we expect there. the next site will probably be in eastern europe. the exact location has not been determined yet. by the end of the decade, folks wagons, petrie division expects to generate annual sales and excess of 20000000000 euros and employ up 220000 people in europe alone. all right, and finally,

japanese fans of bushy lenovo wine will have to rein in their enthusiasm. this year, as importers hike prices and shrink their product offerings, they even res, there, even resorting to plastic bottles, japanese beverage company kieran said it'll switch to p t bottles to fight rising fuel and transportation costs. the release of the fruity redwine from francis boucher lay region is highly anticipated. japan, which is the world the world's number one importer wind from a plastic bottle. all right, that's our show. you can find out more on line d, w dot com slash business checks out on youtube as well for the dw channel. ah ah ah

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subscribe to d w documentary on youtube. ah ah, this is d w. news line from berlin, japan. small, the prime minister sions obeyed, dies after being shot during a political rami was giving a speech ahead of this weekend's parliamentary elections. medic say he bled to death after sustaining injuries to his hot to bring the latest.