is unappealing, the expenses will show you how the city states still wants to get more people to use public transit. and more than $300.00 tons of dead fish have been recovered from the auto river that divides germany and poland will tell you why it's so hard to determine the cost of chris kolber. welcome to the program. u. s. companies like apple are increasingly shifting production from china. amid political tensions and repeated coven 19 locked out, a new study indicates german firms are on the whole going in a very different direction. according to the cologne, insignificant army research, german direct investment and the 1st half of this year is already double than what it was for the entire 2010 climbing from just over 5 to over $10000000000.00 in a decade. again, that's just the 1st half of this year. china is germany's largest trading partner

and the counts for more than 7 percent of all german exports. for more in this less bring in europe matters. he is the chief economist at the german economic institute in cologne. welcome to the program. you're. you're one of the authors of this report. at the same time, you say this massive investment by german companies and china is the wrong way to go. why? well, obviously because the political relation to china change in recent years, especially the russian ukraine war and the threat china to invade taiwan. change also the environment for international trade. and now we have their stand most of these investment decisions haven't made a long time ago. so those are not spur of the moment investments. no, of course that's, that's perfectly true. ok. but we still see that so

also from, from surveys and firms in china that there is an increasing tendency to localize business in china with more in china and all fear is that the risk exposure, some german firms might be so big that in case of taiwan invasion and sanctions from the west is firms can, could come under pressure and that the, the fall from that point in the end land on the taxpayer here in germany. if available, it would be necessary. do you, do you see the german companies in prepared, in the case of a chinese attack on taiwan and subsequent a sanctions? well, obviously we don't look into balance sheet on the exact business activity. so individual, we look at the macro level. so our oral oral demand is a business and the responsibility of every business leader to put up

the china business in a way that it can be closed down without bringing down the company as a whole. this is the direction i think with that also the policy makers seem to want to go to because it's important to note that the german government is in the process of writing a new china strategy. and we see some indications that significant change will come about by that. now you say a german companies in china should basically a scale down their investment there at the exposure there to watch q. exactly how big a share should the chinese market be when it comes to doing business with german companies around the world? well, that's obviously depends on, on, on every, every business. i think it's,

you also have to differentiate it maybe in some parts. not only i'm doing a bit less with china, but doing more with other on there are other large asian markets that developed generically like india, like indonesia, tyler, malaysia. from the you perspective, we need to free trade agreements with these countries in order to develop them as a partner or german for the germany economy. be it on the import side as well as on the export side young matters of the german economic institute. thank you for your thoughts. thank you. it's one of the most technologically forward countries in the world. but living in singapore surely isn't cheap at least if you want to drive a car. and it's that way for a reason. singapore 5 and a half 1000000 people. but surprisingly few cars, 89 percent of people in the southeast, asian island nation, do not own

a vehicle. they prefer public transportation, depending on the time of day and where you're going. tickets are between $65.00 us cent and a $1.50. thing a port does half wide multi lane roads, but ever since 2018 has been putting the brakes on cars, new ones can only be registered when an old one is taken off the streets to be allowed a car, cynthia, hong needed to get what's called a certificate of entitlement. this prerequisite for a registration costs between $55.00 and $78000.00 and is valid for 10 years. oh, it's definitely not fair because ah, in order that you can own a car, you need to pay for that piece of paper. but that is the government's way to cope

ah, from having less cas in singapore, since your own words as a freelancer and says she needs a car to get to her klein's efficiently. she's annoyed about the high cost of the privilege. not only the certificate sets her back car, so also 3 times as expensive as in most other countries. yes. so in order to own and cause about like easily $200000.00, you can already buy a house with the amount that you need to pay for a car and saying add to that this city tall approximately to us dollars per trip. it's the singapore model that has been hailed internationally and copied in other cities like london. the revenue, the city reefs from drivers go straight into financing public transportation. the subway, he drives autonomously and new lines have been added regularly for the last 20

years. for technology driven singapore, it's just par for the course. meanwhile, the fact that driving a personal car is almost an affordable is broadly accepted. the move it to public transportation is expected to go on seeing a poor's 1st subway line opened in 1987. today, the system covers 250 kilometers. more than $40000000000.00 will be invested into further expansions by 2031 and now to some of the other global business stories making news. regulars in the you k, have improved a whopping 80 percent hike in household gas and electricity bills. as utilities struggle with soaring cost, the decision lifts was known as the energy cap for household modern fixed contracts essentially to the maximum cost that utilities can pass along to more than $3500.00

pounds annually for it took the household german households focus on saving money has reached the highest level in 11 years, that's according to consumer researcher from g of k. it attributes the higher savings tendency score to german expectations of higher energy, wilster's winter purchasing sentiment continued its fall. meanwhile, it's at the lowest level since 2008. it is difficult times at the order currently the river that's dividing germany and poland at least $300.00 tons of dead fish have been recovered from the river after fears were raised over a chemical spill there last month. now polish media claim that digging for natural resources in the region could be to blame. but mining company, k, g, m h, is denying any role in the disaster. polish firemen are literally pulling

tons of dead fish out of the odor river that runs along the border with germany. the mass fish die off here is the result of several factors. low water levels combined with extreme heat and higher than normal salt levels, that lead to a bloom of poisonous gold algae that normally isn't present in the odor. polish environmental activists are demanding authorities find out who was responsible for the elevated salt levels and a thorough investigation into the disaster is vishal. there are 280 wastewater channels. the polish environmental authorities say the odor has 280 illegal waste water channels that it doesn't monitor. they don't know what's being done here and what it causes. 200 navy waste channels and 2500 more that don't have formal licenses. that means a lot is being dumped here, that isn't monitored on us for control of them. the government in warsaw is under pressure. it's accused of reacting to slowly to reports of a fish die off and not informing neighboring countries in a timely manner. polish and german media are concentrating their investigations on

the mining company, k g, h m. it mines for copper and silver along the order and has several operations near the city of glow. gov. here the river looks like an industrial canal. k g h m. admit it disposes of salty water in the river with the permission of local authorities. but this year of the company only dumped around 30 percent of the levels compared to last year. and it completely stopped funneling water into the river on august 10th. just being dish implants, who's never 1st, we've been disposing of our waste water for 50 years in the reno or something like this has never happened before with young all attempts to connected to our company, our mistake. everyone's trying to blame us and we'll take them to court of us. and i want to emphasize this is something all attempts to connect c t h m to the situation and the river bills are fake news. what's on the outside? the hostile fake news some 300 tons of poisoned fish have been pulled

from the river already. that's more than half of the fish in the river. dead fish and muscles has been found along 400 kilometers of the river bed polish opposition. politicians are calling for stricter controls gun yearbook. suddenly i think all companies along the entire river need a salt water monitoring system should use fucking if you'd like. that's how we believe there are doubts the people responsible for the disaster will ever be found . the ecosystem along the river will likely be severely damaged for years to come. and finally, there is less than a month to go until october fest kicks off in munich and visitors to this year's festival. we'll have to shell out even more for a leader of bavaria as best one leader of beer. the mass will cost you between $12.14 euros and increase of 12 and

a half percent. brewers blame the steep jump on increased costs for energy as well as for ingredients like malta hops by the increase tourist organizers are expecting around 6000000 visitors this here. and if you want to join them by all means don't go on an empty stomach. have a sandwich, that's a show. thanks for watching for enjoy with ah, with

ah, key to india. challenging a $1000000000.00 business. wanting to know the story behind our billy products. who made them? how was it made and ingredients and making india's cosmetic industry more sustainable pledge, in fact that we will free if i just leave me. think one fraud pico india even 90 minutes on d. w. a torture into the unknown. to day. this means flying to a foreign planet. in the 16th century, it meant being a captain and setting sail to discover a route a race linked to military interests, a race linked to political and military,

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not against you want to become a citizen info, migrants your platform for reliable information. ah ah ah, this is the w news live on berlin. europe's biggest nuclear power station goes offline for hours, shut down of ukraine. separation plant caused regional blackouts and res fee is of a radiation disaster. also coming up and gold as president heads for a 2nd term is long ruling.