tv Business - News Deutsche Welle August 10, 2022 1:15am-1:31am CEST
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a red if acacia. i think we're going to have some epic fighting here. over the winter is becoming a scarce commodity. he's just getting dryer and dryer, and we need more and more water. so earth dying of thirst. no water at home. then it's like be a pod with global struggle for water. and nothing can be done. the 1st starts august 10th on d, w. o, o. u crane halts russian oil deliveries to parks of the u player's down part of the crucial to rush, but a pipeline appear to have been suspended while the ukrainians await transit fees
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from moscow and canyons have gone to the poles in presidential. thank since who will they choose to tackle the cost of living crisis? this is due to be business on robots in berlin. welcome to the program, and we begin with more disruption to oil and gas supplies. to europe. ukraine has apparently halted deliveries of russian oil bound for 3 e u member states. it's usually transported by the southern branch of the drug for pipeline to hungary, slovakia, and the czech republic by russian supply. but russian supplier trans left says the ukrainians are refusing to allow to pass through their country because there are waiting transit fees which are blocked by western sanctions against moscow. slacking oil industry officials have confirmed the deliveries have been suspended for several days to better understand ukraine's reasons for halting supplies down the southern branch of georgia. i've been speaking to energy analyst, macau, critiquing. if you regard it from the envelope ukrainians,
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they are absolutely right. they cannot work without the bay and the transmitter which is the rest in the state control. the pipeline company cannot pay for the transit, the restaurant or lacrosse of the green and territory and without bay. the great now stopped the transit um oil. this is basically, well, the main reason. yes. so they are looking for some solutions. and as far as i know, the most recent news is, comes from hungary, the hungary and oil company, m o l. is offering to pay for the transit instead of the rest of the trans sniffed. well, let us watch the developments. in the meanwhile, we see of the 3 central european nations, it's hungary check republic ounce law back here are not get into the oil that they
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critically need of hungary would stop paying those transit fees. how do you think that would go down with ukraine because he would, would not undermine what ukraine financially trying to do here and choking off some revenue for russia? no, i don't think so. for example, the great knows are working to transform to rush and guess across its territory or 2 european consumers, i guess. and this is the same method of this is the same attitude. there are demonstrated in the transit of russian oil to hunger is slow and the czech republic. and if they give the payment, i believe the ukraine will resume the transit. so somebody, ukraine does one this oil to be being transported to these, these countries. how can these countries do without this oil? i mean that they're pretty dependent on russian oil, aren't they?
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that's a great problem because the slow back at, for example, yeah, 90 percent of oil it consumes comes from us. and most of it from this group of pipeline and hungary, 65 percent of the oil, it requires that consumers comes from russia in the doors. but by applying, i am not sure if they can get oil in the same well the same in the same quantities. from anywhere else there as you're ready to go some solution. for example, there is a pipeline that goes across ukraine from the seaport, the link to that there was a pipeline. it could be used if for those 3 countries decided to buy oil from somewhere else. the problem is the existence of the ration a navy in the black sea,
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which could be an obstacle to safe delivery of oil to ukraine. okay. recall critique and from re sanity thanks a lot. bring your insights on this story that surely going to develop over the coming days. thank. and in other business news now, the european union's emergency gas plant came into force on tuesday last, members to reduce their gas consumption by 15 percent in order to help fill gas storage and prepare for a possible full russian cutoff this winter. and president biden has signed a landmark bill that aimed to make the u. s. competitive with china when it comes to the production of computer chips. the bill provides over $52000000000.00 in subsidies for us based manufacturing and research. the chinese chinese embassy in washington says china firmly opposes the bill. but yet more on this, let's cross to our correspondent in new york yen score to yann's. i was great to have you on the program. and how exactly is the us going to go about increasing
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it's semiconductor production then? no, well, i mean, part of the idea is sir, to give a good door invest a good $50000000000.00 to bring production back in the united states, sir. but also there are some texts incentives also for the development and research of semiconductors here in the united states. so we heard, besides this plan from a joe biden and there's some egg that he's signed that mike on. technology, for example, is spending $40000000000.00 for the next 10 years and also a producer chips here in the united states earlier this year in tell made a similar announcement was you had a lot of tension just recently between the u. s. and china over major chip maker taiwan, you think that's added to the agency behind this bill? i to probably is and for one that we also saw bipartisan support for this x. so
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that hasn't happened in quite some time that democrats and republicans could agree on something, but it's not just that taiwan is such a big producer of conductors, but also china actually surpassed them. the united states in the early nineties, in the, 90s the us about 40 percent of all global ships got produced in the united states today. that chair is down to about 10 percent violence, se asia produced as about 75 percent of the global ships. so there is some interest in the united states to turn the tide and having that said, some people call the chips and scientists also the china competition act. so that definitely tells you quite something it does go to the new york stock exchange for us. thank you. now paul is have closed in the tight race to choose kenya's, next president, an index of the country seers. so just the optimistic, the country's economy will improve after the vote. but for can ya to success faces
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the tough task of tackling a cost of living crisis. millions of canyons have placed their votes in a balance box. now they must wait to learn who will lead them for the next 5 years . current deputy president william roto or opposition candidate rayleigh odenza. both have campaigned around to central economic issues. soaring living costs and high unemployment. as i was booting, i was thinking about that kind of lead as we want to see a tick office for the next 5 years. and for me to can keep moving can afford number. somebody was gonna bring united nation somebody who's gonna be
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a good leader. somebody who's going to in terms of economic strength was gonna push us forward and be able to get to good read us who'd be able to took the dividend meant of this country to the next level. and more so, you know, getting it published in this country with rudo as promised to empower those at the bottom of the economic pyramid. if elected, he vows to form what he calls a hustler fund, a per se, worth 400000000 euros to help struggling small businesses. oh jenkins platform aims to ease hardship through other means, like the former prime minister says he plans to provide universal health care coined baba care after his nickname. he's also pledged to give low income households around 50 euros per month, but whoever wins will have to make good on those promises will also managing
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a state debt of $60000000000.00 euros. canyons are hopeful, their next president can transition into power peacefully. an usher in a new economic era. i left them on the canyon elections and speak to our correspondents in nairobi, georgia rain barrow joining lot, suspending promises we're hearing that. but how are the candidates actually proposing to pay for that policies while also tackling can use massive debt as you're just hearing? indeed, lots of spending rolled and with a current budget deficit of 8 point one and inflation rates. currently, at $7.00, the most popular candidates that is very low dinner and william router are making promises. rayleigh is saying that he intends to seal all corruption loopholes and save about $8000000000.00 annually, and then re invest that money into the economy at top on his agenda. our issues
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such as creating a sovereign way of wealth fund that will boost the countries poor and a deputy president and also a presidential candidate with em. router is promising to invest heavily in the agricultural sector, which is one of the biggest g d p contributors. and he is talking of figures amounting to $2500000000.00. and he says this will in the long term ease the cost of living and put money in people's pockets. people at the bottom just briefly charged or impose on our clothes. are there any indication of further way that the selection is going to go at the moment we're seeing rayleigh dinger in the lead with 52 percent and william router at 47 percent. but to most of the kenyans that we spoke to earlier today, most of them are saying they are and are hoping to have
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a leader who is going to give 0 tolerance to corruption and also improve the standard and quality of living as well as a boost productivity in the country to create more jobs. ok, georgia, remember and i rode before us. thank you. yes, time for remind as the top is a story we're following for years as our ukraine, as a family holiday deliveries of russian oil bound for hungary, slovakia, and check republic by the dress for pipeline russian supply trans next says the ukrainians are refusing to allow deliveries until they receive transit fees, which have blocked by western sanctions against moscow. so for me to visit steam here in berlin, voices from the street forbidden. ah, mahogany music is
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a new kitchen mix of funk. electro and rap lyrics are about drugs and women. the song speak to the song, the younger generation. oh, like now a bad on performing is linked to it. next, on d, w a rena's, host of possible energy. in north dakota, everyone was in favor of oil as the 2nd largest oil state and the usa is profiting from the current energy crisis. people hope that the industry and with jobs will once again made in germany. in 60 minutes on d. w with
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free climate. oh, ready news with hackers? paralyzed entire societies, computers that else for you and governments that go crazy for your data. we explain how these technologies work, how they can go soon for. and that's how they can also go terribly. watch it now on youtube. ah ah, welcome to global 3001 household, one garden,
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