and or every minute more and i can't say i don't believe them is a reminder of the top story we're falling for you at the sour chancellor. olaf shaw says that he is disgusted by comments from palestinian leader mahmoud abbas during a visit to berlin. mister abbas accused israel, of committing, quote 50 holocausts against his people. my colleagues, stephen parents is up next went the latest headlines from the world of business. make sure to stay tuned for that article really for me and the entire team. it's very company with people in trucks injured when trying to flee the city center. more and more refugees are being turned away as the border. families play on the tags in syria to these credit donors with people lean,

extreme ross getting 200 people around the world. more than 300000000 people are seeking a lawyer because no one should have to flee. make up your own mind. w. made for mines, ah, ah, ah, europe notches growth in the 2nd quarter, but how long will last clouds are gathering on the economic horizon as energy prices skyrocket? and the war in ukraine continues, could recession be around the corner? also on our show, the supersonic passenger jet attempts a come back,

major airlines are already putting in orders for a plane that right now only exists on paper and uruguay has turned renewables into a trade advantage. but it's come at a steep price for households across the country. blown welcome to the show. i'm see from beardsley in berlin. is the european union inching towards recession. the question today as the block released new growth figures for april to june, output for the quarter increase by 6 tenths of a percent compared to the 1st 3 months of the year. and as just under expectations . but with a bit of divergence between economies, spain, italy, and the netherlands seeing more growth. germany meanwhile, stagnating and germany is one of the economies most exposed to the fallout from the ukraine war. with russia limiting gas flows that power the country's industry and warm it's homes that's pushing up costs. i spoke about this earlier with maria merits us. she's deputy director of the brutal institute in brussels. i asked her

if europe might soon see inflation as high as the u. k. where price growth right now is in the double digits. well, flora, for some countries, inflation is much worse than that. her for others, it's lower, so never it in the you and the eurozone inflation numbers are not as bad as they are in the u. k. as high as the u. k. however, my sense is said that at the beginning of the winter will be the tougher spirit ahead, both in terms of inflation rates, but also in terms of economic growth. so my sense is that the toughest time, sorry a year to come result with these new g d p numbers, the europe is still eking out growth, at least in the 2nd quarter. but there are so many concerning signs ahead. is a recession imminent? well actually the new numbers of came out a day about the new information for the latest quarter. i are not as a, as said pessimistic as i had originally thought for some countries. so i'm thinking here of the netherlands, but also there were the numbers for greece or after a very strong to his spirit, actually quite strong,

much stronger than i would have. there are dissipated for others growth numbers in the 2nd quarter, or between 0 and 11.5. and of course the big issue here is germany with their ag did be growth in 2nd quarter. exactly 0. i always basic. you means that are, you know, the next numbers are next quarter of a probably negative. so that is really there at the, there one country to watch. we also had a few come to see a for that have caught already one quarter of negative growth. and so, yeah, there is a certainty ahead of us and is not obvious what will happen. yes, but i think, as i said, germany is a, is the country to watch here because it is really the engine of growth for the european economy. interesting. as the u. s is already in the recession, technically in the recession, boss quarter, one and quarter to have been negative numbers. i, sol, usa, usa girl. so the use column is really, you know, safe in a really how dangerous could it be for the euros on that is the 19 nations that use the euro. if there is a recession later this year. well,

i wish had to recess in also with a pandemic. so where, you know danger isn't really the right number of suppose we were hoping for a quick growth asked of them. but of course, now with the war in, in russia, this is not going to happen either european economies, a strong economy could, whether this, i think what's important wants here is some really the weakest, the how they weakest will be hit. primarily because this is an energy sunni will affect households, mtv, the poor households in ways that are, you know, we need to be, need to watchfulness. the european economy hauling the will recover after us because we are talking about really the winter after that many things will be different pay marlena. decoupling of european energy consumption from russia or other and means of n a provided graduate willoughby found. so really their next 6 months on was was enough to that. i think i will be out of the woods. i maria de merits us with the brutal institute. thank you very much. let's go now to some of the other global

business stories making headlines. german utility juniper, which secured a $15000000000.00 euro state bill out last month has reported a loss of more than $12000000000.00 euros for the 1st half of the year. that's due to lower russian gas flows, which forced it to buy it higher prices elsewhere, occurring costs that it was contractually unable to pass along to customers. apple is intox to produce it smart watches and laptops in vietnam. the company suppliers have started testing production in the country as, as seeks to diversify production away from china. vietnam, which already makes apple tablets and earphones is its most important production hub. outside of china. german airports have hired fewer foreign workers than planned. the german government had plant a fast track work permits for several 1000 foreign airport workers, mostly from turkey, to help to ease travel chaos over the summer. however, only $150.00 such workers have been hired. frankfurt airports, parent company says most of the workers available did not have the necessary

qualifications. new york to london, and roughly half the time of a normal passenger plane. that's the promise behind this jet. the boom overture, a supersonic flyer that exists only on paper at the moment, but it's already racking up orders. united airlines wants 15 of them. and just yesterday, rival american airlines announced that it was putting in a non refundable deposit for up to 20 of the company behind the plane boom. supersonic promises that it will take as little as 3 and a half hours to fly from new york to london. and it says, a 3 day transit planet, business trip would turn into a day long round trip. and also valves. the flights would be carbon neutral, relying on a sustainable aviation fuel. now, tickets won't be cheap likely between $4.00 and $5000.00 according to the company. for the aviation industry, it's a gamble. the predecessors of the overture, the supersonic concord stopped flying some 20 years ago due in part to low demand.

i for more and then more on this let's go to jens quarter. are corresponded in new york at yes, we're talking about a plan that exist only on paper. right now we're talking about a fuel that really isn't even in commercial production at any large scale, right? now, how realistic are these plans? yeah, and you mentioned that a cost had been an issue with the concord to but also noise by the way. and now boom claims that they might have found the technical as solution so that it won't do that. you won't hear those bangs or when of our plans, actually a break in the as sound a barrier assault well, and i have heard some reports that maybe even in the later part of this year or next year, we might see the 1st the test flights and it actually could be possible for passengers to book those flight the starting the year a 20 a 29 as there is some talk a was a rolls royce,

a rolls royce might deliver as the engines even if that deal isn't a finalized yet. so there are still a couple of obstacles, but at least according according to a boom, there seems to be as some progress and obviously as some airlines believe. so, otherwise we wouldn't see those orders as some airlines, but not all airlines. there seems to be some questions about the demand for supersonic flying. well, sure, i mean on one side it is appealing. if you think about that, the plane is supposed to take only or less than 7 hours going from a to a kidney. it's all there. you're really talking long travel, usually the flight takes you about 15 hours. that probably won't be the math to transport and pay for the future. also, if you look at the cost, and then if you look at supersonic travel, one of the issues is the fast food go, the more if you will, your take and then also the fantastic feel the sustainable fuel is much more expensive than the fuel that you have today so there are quite some question marks

the airlines are interested. so you mentioned some am alter, virgin atlantic the us air force seem to be interested as well as some airline from japan court in new york. thank you. we go over to latin america, uruguay. as one of south america's pioneers and renewable energy, like near by paraguay, it produces almost all of its electricity from climate friendly sources sources such as wind, and then makes good money by exporting much bit to neighboring brazil. but your guys build out has come at a price. caddo pharma, jemina bulus property is surrounded by a wind park. and while the turbines don't belong to her, they bring many advantages to the farm. the company that built the wind farm also repaired al paths enrolled and installed fences and gate. you know? sure, that's why we said yes to the wind turbines. after our initial concerns,

that wind turbines financed by foreign investors rotate on geisha manas farm. paying her a $160000.00 a year in rental income. though no gang, it is that we use the rental income from the wind turbines to buy cattle on his seed, and she's a plan that for his that moves as forward you. when are you can connect gardena? dozens of wind parks like this one have allowed uruguay to meet nearly all of its energy needs from renewable sources. this small south american country is now a climate champion. and the center of this development is here. you take the technological university has specialized in renewables. it trains engineers for wind and solar energy tech as part of the country's energy strategy. it's often camille isn't they wouldn't change,

no energy resources has ensured that we no longer import oil export massive amounts of renewable energy to brazil and argentina for example. in that he hasn't been able to see look window, but at hinting. and that's also because the government makes solar energy palatable to businesses with huge tax incentives. 5th has tremendous advantages. whenever the wind blows all the sun shines hydropower from restful as isn't needed, it's only used when really necessary. so it's all well in uruguay. no, not at all. ordinary consumers are paying the price of the expansion of the renewable energy production. poor families are spending up to 15 percent of a monthly income on electricity. according to experts. to la begum, we caught it the cost of renewable energy somewhat lower than fossil fuels before, but it's still very high. that's because uruguay is a small country that has had to make significant investments with foreign partners

for the wind farms and transmission network. this also to look back to you. so luke was kick off, don't know, black jemina also pays high electricity prices, and yet she cannot imagine. how can you live without it as a cattle and wind farmer? that's it for now you can find out more about these or other stories online at d, w dot com slash business to check out our youtube channel as well, or the d. w. news channel. i've seen beardsley like to watch with oh, they say real cowboys, don't cry in wayne and rhonda has every reason to as far as fires and disastrous floods threatened their very existence along with other canadians. there. now, learning that the old adage was wrong in finding new hope for the future.

global 3000 on d, w. big profits at the expense of the environment. and outdated business, not it's disastrous effects are visible everywhere. green technology are seen as the solution. what can they truly help us achieve? sustainability made in germany. in 60 minutes on d w. oh. hello guys. this is the 77 percent. the platform for africa's youth to defeat issues and share ideas with you

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