passenger just attempts to come back, major airlines are already putting in orders for a plane that right now only exists on paper. we're going to experts you, if the jet is likely to ever take off. and death would be a stable business, you think will show you why german undertaker say it's becoming ever harder for them to do what they do. i'm pretty cobra and berlin, welcome to the program. the united states and taiwan have announced plans to start trade talks in the fall. i pay says it wants to attract more you as investment and join international trade blocks, including the comprehensive and progressive agreement for trans pacific partnership . the announcement comes and the rising tensions with china and recent visit by years. how speaker nancy pelosi to the island democracy, drew sharp criticism from beijing. taiwan is the united states, 8th largest trading partner delivering semiconductor semiconductors and many other

technologies. let's take a closer look at the matter where the dw correspondent sold song, han anti paid, so the u. s. and taiwan already share a longstanding trade and investment relationship. why does this apparently need to be deepened? well, 1st of all, since, hi juan. um, it's something that they have been waiting for more than 20 years, although it's called an initiative now. but taiwan delete that will eventually become a complete f t a and how and believe that it will also help it to pave the way to joy. see p t p p which they have a fierce competition with a melon, china, and a for us. it's just a part of it. some strategy in the pacific strategy to build new trade orders. um we know that um china is um, trying to gain is in our importance and its influence in this region. so there's not, no doubt that this initiative is aiming at china, which plays an important role in the world's biggest trade, a framework r e c p,

in which the u. s. united states is not aims to working closely with taiwan is i'm essentially a tool to compete strategically with china. so taiwan hoping for a full fledged to a free trade agreement at the end of these talks here. what specifically is in it of for both sides. ah, well, there are 11 topics covered up in the document that we'd seen, but most of the focus are in this convention o u. s. trade talks. so i will highlight 2 parts here. the 1st one is the trade facilitation, because time was direct exports to eat through the u. s. have been increasing over the past few years, and u. s. is now almost the 2nd largest trading partner on for taiwan. so being able to trade smoothly is alma important for the 2 parts. and the 2nd important issue is digital trait. a, we know the u. s. want to boot a new digital trade order in this region and town has always want to be part of it

. and just as i mentioned that on the u. s. is trying again, is irma importance and also influence in this region into town is ready to prove that they are in compliance with their rules. now we know that china views taiwan as part of its own territory and bristles at any perceived treatment of taiwan as a sovereign nation state. what does beijing say about these plan talks then? well, china has always been firmly opposed to any form of official contact between the u . s. anti one, including the negotiation of agreements with sovereign connotations or official nature. beijing accuses us about playing tricks over the time when issue the time you want them to stop negotiating and signing agreement with taiwan. d, w. so it's on hand anti pay. so thank you. and now to some of the other global business stories making news, the euro zone has recorded its highest inflation ever since the common currency was

introduced to inflation reached 8.9 percent in july. according to euro stat, household budgets are being squeezed by soaring food. and energy press, a u. s. court ordered 3 drug store chains to pay $650000000.00 for their old and the countries hope you're crisis. walgreens, walmart, and cbs must pay the amounts to to ohio counties and compensation. the costs of fighting appear in addiction. the retailers deny complicity, and the crisis saying they sold pills prescribed by licensed dr. germany airport, have hired fewer foreign workers than anticipated. german government had planned to fast track work permits for several 1000 for an airport workers, mainly from turkey to help to ease travel cables. over the summer, however, only a $150.00 such workers have been hired. frankfurt airport parents company says in

most of the workers available, did not have the necessary wall of occasion. and staying with the asian sector, new york to london, and roughly half the time of a normal passenger plane. that's the promise behind this jet here. the boom overture, a supersonic airplane that exists only on paper at the moment, but is already racking up orders. united airlines one's 15 of them just yesterday rival american airlines announced that it was putting in a non refundable deposit for up to 20 jets the company behind the blame boom supersonic pharmacist. it'll take as little as 3 and a half hours to hop over the pond. from london to new york, it says a 3 day trans atlantic business trip would turn into a day long round trip and also vows the flights would be carbon neutral, lying on a sustainable aviation fuel tickets won't be cheap. god,

very surprisingly likely between $4.00 and $5000.00 according to the company for the aviation industry, it is a gamble, the predecessor to the overture, the supersonic concord stop flying 20 years ago due in part to low demand. all right for more and this, let's bring in andrea spirit. he is in as the asian journalist. welcome to the program, andreas. now you flown on the concord? numerous times. are you excited that supersonic flight is supposed to make a comeback? yes i am. but i don't want to very skeptical at the same time, but i have to admit that i would be amazing the keen on flying supersonic in my life time. again. as you said, i was lucky enough to experience concord numerous times. it was an amazing experience. and i really would like to see this again, i'm pretty skeptical right now. let's talk about that because there are hurdles to clear a boom. the company does not yet to have an engine manufacturer lined up,

but experts say if you design a plane your design the engine 1st, that sounds like a problem. you're done it. yes indeed, that's the main road block that almost all ex post by the point out and make them doubt the claims that boom supersonic is putting forward a claim. they want to restart the next 2 weeks on a passenger against an era by the end of the decade. and we hope to have a 2022 right now and not even end inside. although boom, claims that behind the scenes, the far more bonds in the negotiation with any manufacturers than we publicly know . but i still have major doubts about this, but it also takes time and lots of money to adapt ended on a youth. and these engines and ultimately the plane be designed, it would have 4 engines at a time when plains with 4 engines are being taken out of circulation. because

they're simply too costly. yeah, boom has altered. it's designed pretty radically over time. only reasons do they kind of went up from 3 to then know 4 engines. of course, it may depends on the sustainability, quite all of the engines, they are finally choosing if any are becoming available. so the, for the number 4 and such doesn't mean a lot. it's rather not how efficient and environmentally friendly. so to say, relatively speaking, the engines that they can take will be home. and speaking of sustainability, boone says the plane will fly entirely on sustainable aviation fuel. that does sound like a good idea. great claim supersonic, sustainable flying, which is basically kind of a contradiction by itself in many aspects, from engine noise, to a message, to me, other things. and the main problem is here that we don't know yet how much fuel

will become available in the industry right now. if all the 55, the app over true, that had been pre ordered from bull as we speak. and they will actually use up all the stuff that is pure worldwide available. right now. if they would use the 55 after it's pretty unrealistic by today, some of the things might change, but it's still many unknown here. and if we take all of these points into consideration, what is that worth than that united airlines and american airlines have put money down non refundable deposit, as they claim a for these aircraft. there's a bit of data over here and i'm actually writing books about supersonic f. hello from the history of the future. and if you look at concord until you see the same thing happened in the old days of the late sixties and early seventies. for concord, many items from iran, as a rule, tanza had not done the same thing and paid deposits on concord and never received.

it never wasn't in the end. and the same thing could happen here. right now i see multiple a p, our race between united american being in place here. and i was paid at the asian durn list. thank you for your thoughts. you're welcome. now we're the reduced access to russian gas, large bars of the german economy are worried about their energy supply, including undertakers, who are looking at i d. s. to keep their from a tory, i'm running. it doesn't take much to keep this little light on the eternal flame standing guard as another client this going on one last ride. once the gate closest flames will envelop the coffin at 1200 degrees, turning a body into ashes, cremating bodies. it's a solemn duty for those who work here. but it's also

a highly technical job. and real world problems affect operations here, like the availability of gas to feed the flames. much of which used to come from russia, the manage off the crematorium has a plan via s as my most recent lab. first of all, because we don't know when the gas shortage might occur. for instance, from one moment to the other, we run our cremation facilities, 24 hours, 7 days a week, bad gas. so in the event of a gas failure, we would be able to continue operating the plans that a hot and plants that are cool oral off at the time. we would no longer be able to start up to that means we could then continue to work with reduced power tuft vidal, like not letting ovens go cold at all, can safe crematorium up to 80 percent in gas. and it might be necessary any way for years, the number of cremation has been rising in germany of around 1000000 people who die

here every year, a full 3 quarters are being cremated. and his reminder of the top of business story we are following for you at this hour, the united states and taiwan announced plans to start trade talks in the fall, tie. pate says it wants to attract more years, investment and join international trade blocks and social for more checkout website. at d, w dot com slash business, of course b, w, use youtube channel on chris kolber on the line. thanks for watching. have a successful day. ah, with

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