if india is ready for such and, and nobody wants a giant wind turbine in the backyard, now some people in germany are trying to advance acceptance for green energy technology by putting it to do world news. was cobra for them to program. the german economy beat expectations and grew slightly in the 2nd quarter, a rare positive sign and an increasingly gloomy economic outlook. the federal statistics office now says europe's largest economy expanded by a 10th of a percent between april and june, driven by a high, heavier spending. as households emerged from pandemic restrictions, exports grew, but were outpaced again by growth and importance. fears remain high in germany, that em energy trans role lead to a recession later in the year. right, let's get the view on this for from t mobile home as far as our. he's an economist at the e for institute and munich. welcome to the program team,

or are you surprised about what some people are calling the german economy holding its ground? well, no, i'm not surprised about this. i mean, this is a, something that we have expected already that i mean that we do not get a crash off the german economy. i mean, the, the things that are happening right now is rising energy prices and fears about that energy a will not be available in the winter. and this is something which is bringing down the german economy quite slowly. this is also what the current, what the, what to dacy for business climate and showed us, hey, let's talk about that in a 2nd. first, let's take a look back at the, at the 2nd quarter. and what were the decisive factors that actually led to this slight growth after all. but this was on the marginal revision. we already had the data one month ago and it was destination 0.0. now it's a point one. so this is not really a large change,

so there were 22 forces driving the germany economy. in the 2nd war, that one was private consumption. really picking up and specially those parts of the, of the consumer spending that went into services. and those services that have not been available during corona times, and on the other hand, we have a very weak industrial activity. and so on balance it was a stick nation off the german economy. so this was not coming as a surprise, right? so and growth in the 2nd quarter is down from 0.8 percent in the 1st quarter. you mentioned that the german economic mood fell to the lowest point in 2 years. recently. thought the trajectory is not a good one. what do you expect in the coming months and on what grounds? so today's the for business climate index more, this confirmed what we already saw one month ago and one month ago, the business climate index. so confidence among german business managers really

crashed. so that in the end, confidence as much lower in the 3rd quarter compared to the 2nd quarter. that is to say that we expect the german economy to decline in the 3rd quarter. so our estimates at the moment are around 0.5 percent minus 0.5 percent for the 3rd quarter. and this of course could be the beginning of a recession of the german economy. so for the 1st quarter, the outlook is rather unclear at the moment. lots of uncertainties concerning the delivery of gas from russia concerning also the further development of inflation. these are all the things that are quite uncertain. but for the moment, i would say that for q 3, this is really, this is, this is most likely a decline in activity chemo while most cars are the for institute. thank you. thank you. another,

some of the other global business stories making news years president joe biden has announced the plan to partially forgive student debt for millions of americans. under the plan households earning less than $250000.00 per year could see up to $20000.00 in federal student loans, erased student loan that in the u. s. has grown significantly in recent ticket. australian airline quanta says it's bouncing back from it. and then the downturn, domestic lights, or now above creep, and then the levels, even though it's international travel, was still 50 percent below it previous highs. and then travel restrictions cost. one has over $17000000000.00 in revenue. india is the world's 2nd largest smartphone market. and now its significance as a production hub is to grow. apple is ramping up for production of its i phone, 14 india in india. that's according to reports from bloomberg news. the u. s.

electronics giant is shifting away from chinese facilities due to disruptions caused by political tensions between beijing and washington and china repeated locked downs during the coded pandemic apples. just one of several large u. s. brands attempting to move away from chinese production. let's get more of this from the others. char, ricardo, gay and deli, charo. why does india seem to be the preferred production side here? well, chris or apple has been trying to diversify supply line for a long time now. and recently china, it's rang to move beyond gina, also because of the several local we didn't use log down to china has imposing in a large number of cities and a lot of them manufacturing hubs. and also because there are reports that it also wants to avoid at the geopolitical conflicts there. china has been

a getting into india has been a furnace, summation for apple for a long time now are 3 of its contractors who are already functioning in india. so older models of i forms a for se, april 11, 1213. they're already being manufactured in there, but this is possibly for the 1st time report suggest that the latest model life on 14, would be manufacturer just 2 months after herb it's after manufacture. but coming out from china. so what challenges is, are apple facing in india when it comes to producing devices there? well christmas mostly about how her ab, how apples contractors handle their facilities that they have open and they are running in india, for example, or late last year. ah, fox gone nerd, runs a major, i foreigner, manufacturing facility or near the south indian town of chimney. and where a ford boys in the incident broke out afterwards,

it had to shut down its factory. and it was her, are able to open only a, about a month later, after assuring the authorities that her date, the all the problems having taken care of. another contractor also faced a similar kind of a situation. when this was the, again, this time, this was on about food poisoning, but this was about unpaid wages, sort of a labor unrest broke out after which out there was a forced to a girl contractor on probation. and after a long time that the issue was settled, so the where these contractors run their facilities that appears to be a challenge for them. a terror, the indian government has been trying to attract a sort of business through an incentive scheme for more by manufacturing. is this initiative paying off now? well yes, it does seem to be working across a production linked incentive scheme in which our manufacturers have been told that

if they are able to do producer aid over 80000000 rupees, are worth goods here. then they get various incentives and they're in terms of their production and, or in turn, it also helps the government in terms of meeting its employment targets. so there are a boards that are these 3 apples contractors have been able to generate more than and to 30000 jobs are so far in the country. so it appears to be working both way forward, the government and meeting his employment target as well as far road the manufacturers . chris g. w correspondent, charro card again. deli charo. thank you. it is not just since gas prices have gone through the roof. the germany has planned to increase production of renewable energy, but there's been some pushback by citizens when it comes to generating this energy . nobody wants a giant wind turbine in their backyard after all. now, some people are trying to combine the best of 2 worlds. apple trees

down here, solar panels, so top can fruit and electricity be harvested on the same field? that's what they're trying to find out on this 3000 square meter project in the german state of rhineland palatinate list enact. i says his trees needed cover any way. they're caught more frequently in hale and heavy rains. dig a dank of our guns club, often crew to a footstep. it's pretty simple and we need to protect the plants from and when we can combine their needs with an option to generate solar power, what i, which we can either use ourselves or sell them, we're having really good synergies. the whole idea leads to something useful and positive from further positive. the solar panels us semi translucent, allowing for about 50 percent of the sun's light to still reach the plants beneath . much like plastic sheets, the panels cover 8 different kinds of apples. scientists want to see how they will

develop the electricity produced by the panels isn't yet connected to the grid. critical parts are still stuck and delivery. much of the farm is already running a solid electricity. for example, the apple sauder. the new panels should come on line in the fall for the ugly foot of ohio, and is that refundable tag project is meant to support the general power supply. looking at the size of our plant, we expect that we can power up to 50 full households before the longer solar power. scientists agree that the potential is huge. if i know the minimum max tom stoffer, his team, a co ordinating the test run here, they have calculated that solar technology on just 4 percent of germany's agricultural acreage would generate enough energy for every one. but there's

a lot of red tape and continued after the, in the process to get a permit for agra photo will take plants is a real problem right now. that entire process needs to be simplified, especially for small fields of less than 2 hectares. that would enable gardeners to join farmers in this field. they have been gotten, bo, balancing a growing need for power and food experts are hopeful that their tests work out, and they can double their harvest. and finally, food inflation is putting millions around the world in a tight spot. in thailand, the government has now allowed the 1st price hike for instant noodles. in 14 years, the new price for $3.00 major brands way way, mama and jamini will be 7, but that's one bought more than what ties have been pay. the 15 percent price hike is not easy to stomach for all and does limit it. once the cost for our materials

drop companies will have to lower the per packet prices accordingly. and that's our show for now for more news and information and check our website at d, w dot com slash business. and of course the d. w. use youtube channel. i'm chris cobra, valencia. thanks for watching. have the success? ah ah. with

ah, oh ryan is drying up. at certain places along germany's longest river. the water is not even one meter. we take a trip on one of the few, ferries, still running on the rhine. mm will the drought soon lead the entire shipping industry high and dry? focus in europe. naming o d. w. the green you feel worried about the planet to? i'm the old hosting, the on the green fence about cost and to me it's clear. we need to change. join me for a deep dive into the green transformation for me, for you all the plans with music

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ah, this is d, w used lie from berlin. the death toll mound softer a russian assault on ukraine's independent state cave says, dozens of civilians were killed and injured by rocket attacks in east and ukraine, including on a train at moscow claims that stripe was the military target. look at the lethal design of cluster bombs. they've been used in the war in ukraine, resulting in hundreds of civilian deaths and unwanted at home unwelcome elsewhere 5

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