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tv   Business - News  Deutsche Welle  August 10, 2022 5:15am-5:31am CEST

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zeniah was born in hiroshima in 1930 s. mia. k was 7 years old when the atomic bomb was dropped on his home city as he sat in the classroom. his mother died 3 years later from radiation poisoning. it was something he did not wish to speak of, but in one of the few interviews he gave, he said the event was part of the reason he ended up designing clothes. a way to be closer to people under way to be modern, optimistic, and to look forward with hope. all right, that's all from us for now, rob watts is up next with tito, new business, and i'll be back again to top the next hour. take care. see that these places in europe were smashing the wreckers step into a bold adventure. it's the treasure map for modern globetrotters. discover some of you to record breaking sites on google maps. youtube and now also in book form
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is the end of the pandemic in site. we show what it could look like. return to normal. and we visit those who are finding it difficult. he sees his successes at noon in a weekly coven 19th special every thursday on d. w. ah . ukraine halts, russian oil deliveries to parks of the you flows down part of the crucial to rush by pipeline appear to have been suspended while the ukrainians await transit fees from moscow and canyons have gone to the poles in presidential election to will
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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 by a 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. so lacking all 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 have been speaking to energy analyst, macau, critiquing. if you regard it from the anglo ukrainians, they are absolutely right. they cannot work without pay. and the trance near which
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is the rest in the state control of the pipeline company cannot pay for the transit of rest and oil across the green and territory. and without bay, the great now stopped the transit um oil. this is basically well the main reason. yes, they are looking for some solutions. and as far as i know, the most recent news is, comes from a fam, gary, gary 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 the 3 central european nations, its hungary check republic outlaw, back here are not get into the oil that they critically need. if hungary would stop paying those transit fees. how do you think that would go down with ukraine because
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he would, would it not undermine what you kind of generally 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 the russian guess across its territory or 2 european consumers of guess. and this is the same methods of this 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 greenhouse 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 they're, they're pretty dependent on russian oil, aren't they? that's a great problem because the slow back at, for example,
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90 percent of oil it consumes comes from rice and most of it from this drug 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 the 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, the existence of the russian, a navy in the black sea, which could be an obstacle to safe delivery of oil to ukraine. ok,
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recall critique and from re sanity. thanks a lot for bringing 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. the 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 or less, let's cross to our correspondent in new york yen score to yen. those great to have you on the program. and just how exactly is the us going to go about increasing it's semiconductor production then?
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no, well, i mean, part of the idea is said to give 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 semiconductor as you're in the united states. so we heard, besides this plan from a joe biden and there's some egg that he's signed that micro technology, for example, is spending $40000000000.00 for the next 10 years. i'm also a producer chips here in the united states earlier this year in tell made a similar announcement was he 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'd say probably is and for one that we also saw bipartisan support for this act. so that hasn't happened to quite some time that democrats and republicans could agree on something. but it's not just that taiwan is such
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a big producer of me conductors, but also china actually surpass them. the united states in the early ninety's in the year in the us about 40 percent of all global ships got produced in the united states today. the chair is down to about 10 percent violence, se asia produced 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 this 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 y'all to success faces the tough task of tackling a cost of living crisis?
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millions of canyons have placed their votes in a ballad 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 boating 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 one, somebody was gonna bring united nation somebody who's gonna be a good leader. somebody who's going to in terms of economic strength was gonna push
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us forward to be able to get a good read us who'd be able to, to the development of this country to the next level. and more so, you know, getting it over to this country. i 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. o jenkins platform aims to ease hardship through other means, like the former prime minister says he plans to provide universal health care coined bob care after his nickname. he's also pledge to give low income households around 50 euros per month, but whoever wins will have to make good on those promises will also managing a state debt of $60000000000.00 euros. canyons are hopeful,
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their next president can transition into power peacefully and usher in a new economic era. i left them on the canyon elections and speak to our correspondence in nairobi, georgia rain bear a joy during 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 dinner 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 such as creating
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a sovereign way of wealth fund that will boost the countries poor and a deputy president and also a presidential candidate with him. router is promising to invest heavily in the agricultural sector, which is one of the biggest g d p contributors. and he's 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 tried to impose on are closer there. an indication of fir the way that the selections geiger at the moment we're seeing right now in the lead, we'd 52 percent and william, brutal 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 a leader who is going to give 0 tolerance to corruption and also improve the standard and quality of living as well as
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a boost productivity in the country to create more jobs. ok, georgia unborn nairobi forest. thank you. just time for reminder, the top business story we're following for you is this. our ukraine is about how to deliveries of russian oil bound for hungary, slovakia, and checked republic by the doors 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 from in the business name here in berlin with all this warrant is half kindly joseph ola. dosa is africa's most prominent environmental activists. the nigerian conservation is the mission, is to educate the entire continent about the catastrophic effects of climate change
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. a message that she regards as especially important for the you. for the next on d, w. ah red alert for this isn't just route is a red if occasion we're going to have some epic. moreover water. the water is becoming a scarce commodity. he's only earth dying of thirst. look global struggle for water. first. 45 minutes on d, w. o. t please listen carefully.
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don't know how with today. ah, feel the magic discover the world around you. subscribe to d w documentary on youtube. ah . with hello and welcome to africa environment magazine, corporate used by mtv in uganda channels. d the in nigeria.

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