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tv   Business - News  Deutsche Welle  September 14, 2022 11:15pm-11:30pm CEST

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will see much more and much more, not in a more modern in the human to wait. right here is a reminder of our top story. take a look. you're seeing members right now, the public thing, their final respects to queen elizabeth at london's westminster hall. the late monarch is now wanting in state. hundreds of thousands of people are expected to pass right through those walls. you see right there in the next 4 days before the queen's funeral, which is scheduled for monday. christie plants was a meant to be w. business leads all see you tomorrow, with any issues with all say what grade he will for
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long know a limb in love is for everybody. love is live with love matters. and that's my new podcast. i'm evelyn char, mom and i really think we need to talk about all the topics that more divide and deny that. and this i have invited many a year and well known guests. and i would like to invite you to an end, ah ah, the european union shops for new friends trying to win itself off china and russia . the block is turning elsewhere for energy and rare earth. well the us to follow suit. also on the show, german farmers facing drought find new ways to squeeze every last drop of water
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from their surroundings without further stressing ground supplies. and the of an era in the u. k is driving new demand for memorabilia of liquid. well, this is the w business. i'm christy plots, and in berlin, many topics were on the table for wednesday, wednesday state of the union address by the european commission, the war and ukraine rising gas prices, europe's dependency for energy and a lobby on energy company. profits ah decked in yellow and blue to show solidarity with ukraine. ursula fond ally and president of the european commission proposed changes to how the e does business. she emphasized that the e you needs to reduce its dependency on russia and china for energy and rare earth materials. last year, russian gas accounted for 40 percent of our imported gas. today it's down to 9 percent. but we also see that russia keeps actively manipulating our
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energy market. i mean, they prefer to flare the gas instead of sending it to europe according to the contracts that are existing. this opens doors for wider trade opportunities with chilly mexico and new zealand. according to the e u commission, president, negotiations with these countries are complete and just awaiting final ratification . both chilly and mexico are home to many rare earth elements that the e u needs. the un human rights wing recently accused ease biggest straight, but no china of possible crimes against humanity against that legal muslims in the country. acclaimed china vehemently denies. and to day china controls the globally global processing industry. almost 90 percent 90 percent of rare earth and 60 percent less young a process than china a funder lion also mentioned the need to make progress in trade with other
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countries like india and australia. her address comes at a time when the e. u is looking for solutions to rising energy prices, including a proposal to tax winful energy company profits in order to well, this isn't just an issue for europe for look from the americas. we bring an yann's quarter at the new york stock exchange, either young's. so talk to me about how big players an industry heavy weights i over there, feel about china right now. while i mean, overall, there clearly is a tendency to take some production production out of ford, china. i'm bringing them somewhere else that had been a survey by the european union chamber of commerce and china recently actually showing that one and 4 companies, sir, are thinking of shifting a current of plants in westman some somewhere else referred from some big u. s. corporations, for example, google, they're considering bringing and part of the production for the new
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a pixel phone out of china. the same is true for apple was the i $4.14, but also to the south korean company. i'm samsung, for example, is looking to taking at least some production and out of truck. okay. well young, we just heard the european commission talking about moving to chili, moving to mexico, some of us production. what countries are interesting to the us right now? yeah, and maybe also a to have one of word to him on the reasons white corporations for example, are looking at some other destination. so, i mean, there had been some political or clustered side, but then clearly also all the lockdown and china have been them hurt for, for some, a corporation. so, well, what country is might to benefit? where might production come to depends a little bit on the industry. if you look at the tech world, if you look go at google, apple for incense or samsung, they're looking at countries like good ma'am, like india. a for instance. but then also look at the fashion industry. they
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already had been a movement towards the middle america, honduras guatemala of, for example, that's at least where some u. s. a fashion accompanies some start production, and that mexico is another destination when it comes to semi. conductors said built for the u. s. and the global market are written down just as really briefly, we saw china's economy, really, boone, as it opened up to the west, could we see a similar boom as the us in europe look into these other countries that grew saving? you can't copy paste this success story and then also if we talk about some tendencies, some of it moving to production out of a giant. i mean, that's going to be a rather slow process. we heard from the foreign minister of, from mexico for example. he believes that actually the economic growth in mexico could double was that the next couple of years, for instance, with a semi conductor production and coming to that state. so it would be
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a copy of paste, but clearly some companies of cut, some countries i will definitely benefit from this threat and scar to thank you so much. now to some of the other global business stories making, this france as prime minister announced the country's plan to cap power and gas price increases for households at 15 percent. next year. it's a movement to protect consumers from europe's worst energy crisis. in decades, the caps will cost the state $16000000000.00 euros and prevent household bills from more than doubling german gas importer mooney per is edging closer to nationalization. as the german government considers taking a controlling stake in the company. this report comes as when he per seeks another aid package. the company is germany's largest importer of russian gas and it burned through its cash reserves. after after moscow slashed gas flows to germany, we record temperatures in europe have led to dry weather and farmers across the
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continent are struggling. here's the look at how they're coping right here in germany. this irrigation boom operates around the clock to water. this field of beats, but even in northern germany, irrigation water is dwindling from a fleet reach called bowden has to take more ground water than he's actually entitled to. then let us hope, if we want to get the problem under control, in the long term, we need a network of reservoirs way wasted water is collected once by shot bechtel rainwater storage tanks and needed. but these newly harvested beats are said to help keep the water in the area. how does that work exactly? the beats arrive at the local sugar factory. tons of them each containing 80 percent water. the sugar is separated, but the farmers want to harness the water from these vegetables for irrigation. to beat water from the factory is stored in this basin. it's enough to irrigate an
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area, the size of around $6500.00 football fields. the local head of the water in soil associations was one of the people who came up with the idea of this catchment bison. varden and in europe and germany and principal world wide will have to hold back water in many places in order to counteract climate change. because at the end of the day, water is a crucial factor in surviving climate change 100. they'll have to hurry because the water table is sinking. these electrically operated bore pumps belong to pharma, huntsville, alum harbor land. his electricity and operating costs are exploding. couples with whom i love already used a 130000 euros of electricity just for may and june. now i'm waiting for the bill to come for july. in order to reduce water consumption for irrigating potatoes, he uses drip houses which come from an israeli company specializing in desert irrigation. here at a sewage treatment plant in the region,
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the goal is to collect water and prevent it from flowing amused into the rivers. it's another example of attempts to stabilize the ground water level here. this time with purified sewage water is picking. visitation is now used as a some for the pump with which we divert the water into the forest area where it's then trickled among the trees. how is it in the neighboring forest, the ground water reservoirs i know able to replenish. that's good for nature of course. but also for the farmers in the area who use the ground water. breadth are bidding farewell to their monarch this week. and many are looking for a piece of memorabilia to mark the passing of an era, but soon our vendors are also doing well and other parts of the world. take a look. the line to get into westminster hall is expected to be many kilometers long as hundreds of thousands try to get
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a glimpse of the queen's coffin. and as brits bid farewell to the popular monarch, they are also spending money on memorabilia and souvenirs to remember her by at the cool of britannia store. coffee mugs and sweaters bear the queen's portrait and the slogan, gone but not forgotten. her slither mugs with fish like 4 or you know, hot and gone but not forgotten. that's been really popular. and here people buy in a lot especially that these have and stores are already looking to the future. but it might take a few days to get king charles memorabilia. you have implant any t shirts or clothing yet, but hopefully the max will come from thursday for king charles. yes. so veneers are also in high demand in place as far from the u. k. like in hong kong,
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which was ruled by britain until being handed over to china in 1997 bryan on owns house of men, a memorabilia shop. ho, why mean what hong kong people miss is not only the queen, but the time when hong kong was under her rule hunger. it was during the british colonial time when hong kong developed to become the metropolitan city waitlist meets west or so i think there's a sentimental feeling towards the queen, which was more than her as a ruler. it's the feeling towards hong kong, colonial past angle. hong kong aust continues all joya with beijing's clamp down the city and his broad democracy protests. many hong kong as share the feeling and are more than happy to pay for anything to remember. the queen prince pens or even silver coins like this customer. also, i feel very sad. i know the queen was an important figure for hong kong people. i will miss her. and
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a reminder of the top business story we're falling for you this hour. you commission president ursula banner land has announced a proposal to secure critical raw materials like lithium outside of china, vondell and called for identifying projects and building reserves that could secure supplies of rare earth and more. well that was our show for me and the whole team here in berlin. thank you so much for watching and say tomorrow with saving, we'll check anyway, possible santiago has been battling extreme drought cd is and now the city is counting on its residence for health
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and unsustainable technology in 3000 on d. w biggest 2. 03 or not to own . mm hm. what about a sharing economy? it's did a change in thinking is changing the economy to create something new the economics magazine was made in germany. in 60 minutes on d. w. ah. did you become a criminal? ah, pre climb aol already knows that kind of how
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about hackers? paralyzing the tire societies? computers that out sure. a go soon for. and that's how they can also go terribly. watch it now on youtube. ah, ah, welcome to global 3000. 0 to piss as a delicacy.

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