really expensive will show you how the city state still wants to get more people to use public transport. and more than 300 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 cause. i'm critical about the program, u. s. companies like apple or increasingly shifting production from china. amid political tensions and repeated coven, $900.00 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 accounts for more than 7 percent of all german exports. for more in this less bringing young 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 in china is the wrong way to go . why? well, obviously because the political relation to china change in recent years, especially the roughly ukraine war and the threats of china to invade taiwan change also the environment for international trade. now where we have their stand, most of these investment decisions have been made a long time ago. so those are not spur of the moment investments. no, of course that's, that's perfectly true. so,

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 and even 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 sex comes from the west. east firms can, could come under pressure and that the, the fall from that 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 of 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. 3 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 for german companies around the world? well, that's obviously the pendulum 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 others 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 or the german economy. be it on the import side as well as on the export site. you're 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 shortly 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. think 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 on needed to get what's called a certificate of entitlement. this prerequisite for a registration costs between $55.00 and $78000.00. and this 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 kos in singapore. suit your own words as a freelancer and says she needs a car to get to her clients 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. then say 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 to financing public transportation. the subway here 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 into public transportation is expected to go on seeing of course, 1st supp we line open in 1987 to day. the system covers 250 kilometers. more than $40000000000.00 will be invested into further expansions by 2031 and out of 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 what's 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 bills. there'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, had been recovered from the river after fears were raised over a chemical spill. there last month now polish media claimed that digging for natural resources in the region could be to blame. but mining company k g m age as 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 wastewater 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 and so on. here for control of 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 admits it, disposes of salty water in the river with the permission of local authorities. but this year 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 be additional glass who's never, we've been disposing of our waste water for 50 years and then bring over something like this has never happened before. we bills hung all attempts to connected to our company, our mistake. everyone's trying to blame us and we'll take them to court of osmotic . but from what i want to emphasize, this is something all attempts to connect c, g h m, to the situation. and the river bills are fake news to the western that holds the proper 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 mussels has been found along 400 kilometers of the river bed polish opposition. politicians are calling for stricter controls. danny, unfortunately, i think all companies long the entire river need a salt water monitoring system should use fucking if you'd like. that's how we build this job. 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, an 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 to buffers, 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. enjoy your with ah, with

ah! for her, the only way is that appealing, sunny manuela is africa 1st female bream, after as well as the country 1st black lamented, found a micro brewery. this is where that magic happens. she'll show us what makes her beer taste guide every mac in 30 minutes. re w all our waste water is full of pesticides and drugs, and viruses. scientists and berlin and paris are on the hunt for toxins and lots of useful information, a cocktail of toxins or

a gold mine. we explore the secret sew sewer water it's 75 minutes on dw. i'm agreeing with you feel worried about the planet to? i'm neil. host of the on the green fence podcast and to me it's clear we need to change. join me for a deep dive into the green transformation for me, for you, for the plan with

ah, ah ah, this is dw news live from lynn, a spat between 2 of the world's leading vaccine makers by anti pfizer was the 1st past the post with an effective covered 19 vaccine. now madonna is doing it for allegedly copying its technology the un calls for comment ukraine's largest nuclear power plant.