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tv   Business - News  Deutsche Welle  August 5, 2022 3:45pm-4:01pm CEST

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with an ecological twist, using the sun's energy to turn the greenhouse gas carbon dioxide back into jet fuel and tracking the production of palm oil. as we start up uses tech to try to ensure plantations don't use child labor and are easy on the environment. i've been for sold and let's do business. you worries about trade in asia and knock on effects for the global economy. china says it's sanctioning us how speaker nancy pelosi and her family. after she visited taiwan aging, considered the self governing island part of its territory and called her trip a provocation. the military exercises have prompted some ships to navigate around the taiwan strait. disrupting ki trading roots for cargo and commodities saving around the world. it's proof of the economic fall out. any escalation in the region would have globally trade between china and taiwan has also seen interruptions. let's take a look at some of the fallout from nancy pelosi visit. in
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a warning shot china, his band in ports of over 2000 different products from taiwan, may the food products, both processed and fresh aging has stopped exporting sand to the island a product necessary for taiwan construction industry. chinese also created a blockade of types of tie one as it patrols the c surrounding it, which could prevent all imports and exports, paralyzing tie one's economy and crippling the trade in semiconductors needed in everything from smartphones to health care equipment and defense systems. that's one reason this story has traitors gripped around the globe. well, alexander go law is a senior fellow at the carnegie council for ethics in international affairs. his wife looks at china's growing assertiveness in the region. could china now put economic pressure? not only on taiwan, but also on the west in response to the policies visit and it's already doing it. i do remember the last, the last,
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the located in the 909599 a month and was only ended by been sending, sending a time. and i would try to be shooting itself in the foot if it did something like that. now considering the global economy, considering the chip making industry and by severely punishing taiwan, it would, it could hold to me cannot to export absolutely. i like to look at the large picture that she's saying all the time that the issue of the time is nation is only completed once time is dr. gate and and reunited is the whole thing with the company. as a matter of fact, i want to spend a 1000000 people and the piece of property is 1400000000 people. so like there is no economic significance that i could possibly add to the old o g, b,
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or china except for. and i have the rare earth and, and i, one has technology and to know how to process it. interchange. so indeed, it would be like a good move on she and, and his idea to get, hold of time to then combine taiwanese technology and know how, with the rare that already like the chinese or, well, the other great thing for china is that it would give huawei a fantastic supplier on its side, which it's already reliant on t s. m. c, for example, the top manufacturer on the island, but then that manufacturer also supplies over 90 percent of the world's high class chips. it and i guess, i mean, i think it would be discussing the obvious not that this would have to be implications on the whole. and this is why taiwan again is one of the most dangerous places on that. because the publications,
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by the people's republic of china do not only written and assess governing democratic country, but also like the global supply chains. and if you look at the big picture again, she will not be stopping it. i want, he has 15 neighbors and 17 conflict of a territory. so he's go scope and go east to dominate the whole less than pacific and get towed over everything that's happening in global trade. that and having control over the industry would just be according to his go. so he would love that because then to over to a to bowen, crowd to what's china regarding chip technology. alexander, besides who is going to be in the ne, here in his conflict, who is more dependent on the, the taiwan or china on one another. yeah, i mean very, it's very, very small as a, it's a, it's a little country and it has however, like strong allies in australia, japan, in the united states, and through mine,
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that japanese trade part number 5. and as being a democracy that was as taken on like the form of a japan b, like bravo. and the democratic spirit which are both our nations and the notion of human rights and law. and that's something that's quite different from china. but it would be the best work for the for say, if taiwan and china would get on, ah, just as friends. but at the point at this point in moment in time, this is not the case. of course, taiwan is given this location of course, depending on a good relationship to china, more than the other way around. however, if you want to be like the biggest economic power in the world and having like a seat at the table of international community, china asked to think twice or 3 times if you want to only like a small little neighbor next to you and by the way and then like still think you
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can do that this role and get this road in the international arena, analyst alexander go law. thank you very much for your time. let's take a look at some other business news. intel is expected to announce a $5000000000.00 investment in advance semiconductor packaging and assembly plant in italy. it's part of a broader $88000000000.00 investment fund, a u. s. chip maker to build capacity across europe. 3 ships carrying grain have left ukrainian ports for turkey. the 1st shipment since the start of the war, left ukraine earlier this week, deals broke it, but you went with turkey and russia. allow safe passage for the vessels and desperately needed food supplies for the world. adverse weather across asia is threatening the rice harvest and with an output of the world's most important food stable. it could stoke food inflation that's already near record highs. asia accounts for 90 percent of the world's rice output and german airline. lufthansa has agreed to a major pay rise for its ground crews and labor dispute that lead to strikes
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frankfurt. and again, ports of towns i had to cancel thousands of flights at a cost of $35000000.00 euros. moving on to the global aviation industry, which is responsible for 5 percent of climate change causing emissions every year is pressure on the sector to clean up its act. one company in switzerland says it has the solution. what he calls reverse combustion. using the sun's energy to turn the greenhouse gas carbon dioxide back into jet fuel. the ingredients are simple. sunlight, water and c o 2. but the process, not so much because you need a lot of concentrated solar radiation to make this so called solar jet fuel. in the salary output, we have a thermal chemical process taking place, splitting worked in c o 2, and produces sink us. this reaction is highly endotomic requires very high temperature. and we are providing these,
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these energy by concentrating solar radiation by a factor of 3000. the resulting fuel can be used to replace diesel or even kerosene . so scientists are hoping it is one solution to the global aviation industries emissions problem. because when used these synthetic fuels only released as much c o 2 as they previously absorbed. it's an ambitious project, but proponents of the technology, se they hope to start producing in 2023, and that they already have a commitment from swiss international airlines. our goal is that by 2025 am to have the 1st full scale commercial solar fuels plant in operation. we from production capacity of it on 10000000 liters of methyl per year. the group says they've shown the process works outside the lab. now they want to scale up and work towards becoming a fuel alternative, not only for the aviation industry,
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but maybe even the shipping industry. it's a big promise and with fuel prices and global temperatures rising. many are eager to see them succeed. indonesia is the largest palm oil producer in the world. it's used in soap, chocolate shampoos. but what about conditions that it was produced? honda child, labor, environmental degradation, another's was enterprise has set out to tackle these very problems in indonesia. sometimes even fruit can be stubborn. it's hard work for pack a man who's been working on this palm oil plantation on the indonesian island of sumatra for 5 years. the money he earns from the physically demanding work here provides a living for him. and his family color at the, at that harvest yields $3.00 to $4.00 tons per hector, reach season gallo, my sample. our goal along his employer is one of indonesia is 120000
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palm oil. farmers who work with swiss start up call tv. the software company has placed in the capital jakarta. we are an integrated surgery cent technology company. working a long faith global value chains, we can follow a product from its source to the market to the retail to the consumer. ready called tv as customers are major international corporations. companies whose customers want to know where the ingredients for their products come from. and there are legal requirements forcing multi nationals to disclose supply chains or show the environmental footprint of their products. in the past, no one cares about the environment or only small group, but the big mass of the population. they were happy to get the chief product g palm oil in a frozen pizza. a video unhappy proof of origin is
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a particular challenge in the palm oil business. after harvesting, the fruit is sent to large mills where it's processed into oil. this makes traceability difficult, the palm oil farms that work with coal tv alone cover an area of 400000 hector's in direct our feel they, since they travel through these plots, they have an interview with the farmer, the give opec brown. so we have, it is the case and that the farm is not in protected forests, not involved in deforestation over the past 10 years. and that they do not exploit children and the labor on their for. ready called tv records, the exact origin and supply routes of 24 raw materials in nearly 30 countries. the company is headquartered in jakarta. that's because c o manfred bora, simply stayed in indonesia, after completing his master's thesis here in 2006,
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with 270000000 inhabitants, an average age of 29 and a growing tech community. he says, for start ups like his, there's no way better flue. nice doing business with you. ah, ah, with
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ah, this actually is a major problem. in delhi, a new monitoring system is designed to help the device incorporate low cost and they easy to install and can be moved to different locations. their dad is helping us to understand that daily damage took that to pollution eco, india. 90 minutes on d. w. interest the global economy, our portfolio, d w. business beyond. here's a closer look at the project. our mission. to analyze the
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fight for market dominance versus west. give it head with the w business beyond india. a lead of contrast. a be the quality ah 75 years ago, mahatma gandhi peacefully led the country to independence full of ideas with what has remained of his vision with what's the status of human rights and social justice in what's called the world largest democracy. where is india headed? this is the moment to unleash on violet bass and re
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imagine now these teachings for relevance to us. gandhi's legacy starts august 6th loan, b, w. mm. ah ah, this is dw news live from berlin, trying to conduct say, another day of intense military exercises in the waters around taiwan drills follow a controversial visit to the island by the speaker of the us house of representatives. nancy pelosi also coming up on the show president vladimir lensky rebukes the human rights.

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