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tv   Business - News  Deutsche Welle  July 19, 2022 12:15pm-12:31pm CEST

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but of course, to them in their narrative mall weapons neat to arrive, to actually turn the tide in their advance and into india. interest on the thank you very much. shar correspondent punny fought out there. in kiya you are watching dw news coming to apply from berlin up next week. got business news for you, rob watts will be with us. i'm terry martin from me and all of us here at the w. thanks for watching. what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage site. d. w world heritage. 360. get the app now.
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ah, school is establishing an old order and she june pink, president of the global power. china is part of a whole system which believes his time has come. any criticism of his regime, isn't it in the bud? ah, he believes his weight is far superior than that of western democracy. china's president, she ging ping starts july 30th on d. w. ah, a stock warning for the european union, the international energy agency says the you isn't steering enough to get through the wind so without russian gas. meanwhile gas prom sends an ominous message to your it's important. sleeping giants is being woken up,
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airlines are reinstating the a $380.00 super jumbo passenger demand lease. we'll explore why and it's a growing market here in germany. businesses are preparing to capitalize on the increasing need we'd this is d to be a business owner of walks in berlin. welcome to the program. these efforts to end its reliance on russian gas are simply not enough. that's the warning from the international energy agency which says the block is that to have insufficient gas supplies to see it through the wind. if russia turns off the taps, the message came from the i just as rushes gas from reportedly sent a letter to european importers. declaring force major on deliveries down the north stream, one pipeline to germany, the state gas producers said that extraordinary circumstances meant the resumption of flyers was beyond its control. germany's government says it's now considering
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whether to extend the life of its 3 remaining nuclear power plants to alleviate the looming crisis. meanwhile, the u. s. just signed an agreement with as a by john on monday to double it's gas imports to europe in the coming years. well let's get more on that european commission, president ursula font the line was at the signing ceremony in back to which i could see a 50 percent increase in gas from azerbaijan. this year i want to emphasize 3 points from our memorandum of understanding. the 1st is that we will double the supply of gas from as a by john to the european union. indeed with this and will you, we commit to the expansion of the southern gas curry. this is already a very important supply road route for the european union,
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delivering currently more than 8 b. c. m 1000000000 cubic meters of gas per year. and we will expand its capacity to 20000000 cubic meters in a few years. well, let's put those figures from us left on the line into context because the aye. yay! says the gas imports from all sources outside of your outside of russia, even i won't be enough to replace russian supplies. so let's have a look at this in 2021. russia sent 155000000000 cubic meters of natural gas to the european union. the north stream, one pipeline we've been talking about has the capacity to send 55000000000 cubic meters in a year. meanwhile, as a by john sent a total of 8000000 cubic meters to the last year and under the deal is not expected to deliver still any 12000000000 this year. so that wouldn't even come close to replace ink flows from north stream one, let alone russia as a whole. let's discuss this further without russia specialist until it's and
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thanks for joining means. you did talk about this. so we have this letter from gas from to russian, import us calling force, majestic. can't guarantee the delivery will restart down node stream one. how likely is it looking that they wired? well, i mean, so far away now we don't really know what rushes justification for this. they haven't actually made any direct statements to that. however, that does seem to be the most likely outcome when you are talking to international experts here in europe and also european leaders as well. they've long had the supposition that this is an attempt by the kremlin to put pressure on the you and more specifically, on germany, especially as we're moving towards the colder months. you have to remember germany is dependent for around 50 percent of its gas imports on the russian federation. and russia is really looking to kind of cause the support for the grain in the current conflict to dwindle. and it seems like this is, i mean, as one economy we spoke to yesterday, put it in the 1st opening salvo in the gas war. so it does really seem like experts are expecting russia to keep the taps to close when it comes to this pipeline
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stiffening salvo in a broader gas war. how likely is it looking that the fear that you're going to have to do without russian gas this year? is actually going to come to fruition in the winter. well, i think that really kinda depends on what happens in the next weeks and months. you have to remember gas is still coming from the russian federation to the european unit. this is just one pipeline. it is incredibly important pipeline for germany, but i do think this is kind of them, you know, just kind of in a little, you know, testable or carrying the coal mine trying to see exactly where this is going to go . they want to see what this is going to do to gas prices, and they want to see how the public and also european politicians and specifically german politicians react to this move. and of course, you know, we're already starting to feel the pinch here. i mean, gas contracts here in berlin have already tripled quadrupled in the last couple weeks. and as we're moving towards winter, when things get colder and gas becomes more important, you're definitely going to see those prices start to increase. and i think the kremlin is going to be watch the noise is coming out of berlin and coming out of
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paris in the coming months to see if this is actually a tool that they can use to exert pressure on the european union moving forward. so, i mean, it's anyone's guess if they're actually going to go for a coat full incomplete stop. it's really gonna determine how european industry and politicians react in the next couple weeks. ok, are in tilton, thanks for keeping his upside on that. thank you. next, the searching demand for air travel may have put enormous strain on understaffed international airports. but it's also awakened a sleeping giant, an iconic aircraft previously consigned to the great scrap yard in the sky. now making a triumphant return it back the air bus a 380 super jumble is taken to the skies again. thanks to a resurgence in air traffic, the world's biggest passenger aircraft has been pulled out of retirement by many airlines, including emirates and british airways. and for many,
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the return of the entire 8th we 80 fleet can't happen fast enough to by based emeralds has by far the world's biggest 8th we 80 fleet followed by singapore airlines in 3rd place, comes lufthansa. even the germans are planning to deploy some of their super jumble planes. again. australia's quantas and british airways round up the top 5 list for most 8th we 80 aircraft. lufthansa parked many aircraft and spain. when the coven 19 pandemic ground air traffic to a halt. the 8380 was supposed to be retired for good thought to beg, unprofitable and bad for the planet, but times have clearly changed with lufthansa now. planning a 380 voyages for summer 2023. let's speak to aviation jealous address space. a lift gate have a little bit more about this because some,
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it seems a bit strange to me. address the problems with the a 380 haven't gone away. it's double those 4 big engines that need lots and lots of fuel and it's still massive. it's still difficult to fill as difficult as it was before the pandemic. so we're wired airlines willing to look past those problems and reinstated, i think they're just in need of capacity in there as fast as possible. so the 8th grade, 80 fleet that was already kind of more flawed and long term storage around europe and elsewhere where the easiest solution. and as you does rightly says, it's job search on demand right now, and it's also possible that them will last until the next season starts. actually, as it takes quite some time to reactivate them, that just be ready in time for the early summer season meeting spring. 2023. yes. as you mentioned it's, it's not an immediate thing. it's not really get out for any relief to the problem that we're seeing right now. it efforts. is it, but why does it take so long? i mean, i think the funds are not expected to bring them back in like you say until the
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middle of next year. if it takes a full 9 months look, how does the customer bought for me recently to reactivate and create you from so so called a deep storage. and the thought means it is kept in the air was the condition on the ground. but still it takes a long time to get an engine run up and kind of get to really did the technical details and trick being done as a huge checkup after all on the other hand. also then a pilot shortage. last, hans has just kept 1488, the captains current, and that's the reason we are now. our base is newly revamped a new to get what? because that further, if you 50 is the more modern act up to the base and that height is the 50 pilot can easily be retrained and cross trained to also similar heinously by the way, to the 3 compiler and reactivation and the terms so renewed of demand for a large aircraft like this perhaps isn't making them any more. and the jumbo jet is
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$74.00 seven's also not be made animals. so where are they supposed to get these big enough aircraft if they need them? the island gets very big concern. especially interests and yesterday, at the farm or actual in england, there was a high level panel with the head of the f as the and we have a certain class president and they both agreed. and it's really a big list of almost like a sin and not to look at all at the moment. what the next generation in big half could be boeing, currently has problems delivering on its lead. lots are profit in production, right? and all the triple 7 dash 9. and that was the reason he's coming back to talk at the matter. but it's really a big form of the industry and at least that nobody right now. nope. is any big replacement, less in the mid term, long term future? well, i think in the pipeline and trash pay thanks a lot for joining us. thank you very much. jeremy is expected to become the biggest
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calibus market in the world over the next 2 years, plans to legalize the drug are pressing forward. despite concerns over the health impact minutes to say the law will put safety 1st. what is past? it'll create opportunities for businesses, essentially worth billions. a fledgling business is going mainstream. at house the alongside for a long time. the belief was that ben in cannabis would stop consumption kind of stuck from that. what i missed comes home yet for now. the belief is there is legitimate money and jobs in it, but how easy is it to set up a cannabis company like demi con, near taste, and parts of these 3 mates from uni, quit their jobs, embed everything they had on growing the perfect strain of lady jane for medical use from taking a new cutting to harvest is about 100 days. but within the 1st 20 days, the plan basically doubles in size every $3.00 to $4.00 days. because we have an h
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rack system that can control humanity and temperature so well, we can grow the plans to this size without mold. if she were to have this kind of a flower that is so huge and they will grow even larger than that, they would mold and the greenhouse. as you can see, these guys have a massive head start on the recreational market. once the laws change, we invested probably around $20000000.00 euros, investing insecurity. it was one element and investing in high tech and a single pharmaceutical environment. that was just quite costly. that not profitable just yet. but as an estimated for 1000000000 euro market waiting for them in germany alone to integrate patrick wants to make use of his pharmaceutical platform to supply weed from abroad to regular consumers to he says creating his own strain was, i think it would best if i would tell you it was super difficult with it. it was
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a time frame of 12 to 18 month and a cost factor between half a $1000000.00 euros and $9000000.00 euros. you could always grow your own. the government may allow 3 or 4 plants per household. it's been, i'm confident that germany will see a flourishing cannabis sector truck become at the black market. oh, the other. it'll dry up in the medium term lee. at least that's what we're hoping for. but hoping out harlem cannabis could even bring come to the planet for very short. this plan creates a better world. good bye. ah, a joy ride through fascinating worlds. into uncharted depths, our guides know their way around in a strictly scientific trip to some pretty wacky places.
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a curiosity is required to borrow to day. next on dw, we've got some hot tips for your bucket list ah romantic corner, check hot spot for food check. and some great cultural memorials to boot d w. travel off we go. a july 20th march the 200 anniversary of the birth of gregor mendel. who you may ask. ah no, we're going to go. monday was no idea. it rings about no no i don't think i know him. oh.

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