tv Business - News Deutsche Welle September 15, 2022 5:15am-5:30am CEST
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spy, it's a passion for dance. ah, it watching dw is his a reminder of our top story. ukraine's president volunteers, lensky has made a defiant statement as a lead visited the recaptured city of is you in hockey eve? he greeted soldiers of thank them for the efforts and we taking the strategic seats . he said ukraine was of course of victory owing elisa, contra offensive against russian forces. fortunately, w news of the next business wave christy plants and the e u, turning away from china and russia. i've told me your logic. well, thanks for watching. sh her. i'm kinda, i think that's hard. and in the end the some me, you are not allowed to see you anymore, we will send you back. are you familiar with this with the smudges
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reliance beef. what's your story. ready he wasn't, i was women, especially victims of violence, seen a lot of them take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information ah, the european union shops for new friends with trying to win itself off china and russia, the block is turning elsewhere for energy and rare earth. well the u. s. follow suit. also on the show,
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german farmers facing drought find new ways to squeeze every last drop of water from their surroundings without further stressing ground supplies. and the end of an era in the u. k is driving new demand for memorabilia of the queen. well, this is the w business. i'm christy plots, and in berlin. many topics were on the table for wednesday, wednesday, a state of the union address by the european commission, the war new crane 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 ear does business. she emphasized that the e u 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. acclaim 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 processed than china,
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a fund ally and also mentioned the need to make progress in trade with other 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 assist those who need help sting won this winter. well, this isn't just an issue for europe, for look from the americas. we bring in yann's quarter at the new york stock exchange, either yann's, so talk to me about how big players an industry, heavy weights are over there. feel about china right now. while i mean overall, there clearly is a tendency to take some production production out of for china and bring it 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
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u. s. corporations, for example, google. they're considering bringing and part of the production for the new a pixel phone out of china. the same is true for apple was the i $4.14, but also the south korean, a company, a samsung for example, is looking to taking at least some production. i'm out of truck. okay. well, young's, we just heard the european commission talking about moving to chilly, 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 heard full 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,
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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 and they already had been a movement towards the middle america, honduras. go to mother of for example, that at least where some you, as a fashion accompanies some start production. and then mexico is another destination when it comes to, to semi. conductors said built for the u. s. and the global market. right now, just as really briefly, we saw china's economy, really blown as it opened up to the west. could we see a similar boom as the us in europe look into these other countries? there grew saving, you can't copy, paste this success story. and then also, if we talk about some tendencies, some a moving to production out of at china. 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
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could double was that the next couple of years, for instance, with m. c, me conductor production and coming to that state. so it would be a copy of paste, but clearly some companies, of course, 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 euros and prevent household bills from more than doubling. german gas importer uni 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,
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we record temperatures in europe have led to dry weather and farmers across the continent are struggling. here's a 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 is 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 beckle rainwater storage tanks and needed. but these newly harvested beats 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
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beat water from the factory is stored in this basin. it's enough to irrigate an 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. the veteran 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, al 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,
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he uses drip houses which come from an israeli company specializing in desert irrigation. here at a sewage treatment plant in the region. 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 baking. 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. so easy 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
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long as hundreds of thousands try to get 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 britannia store coffee mugs and sweaters. b of the queen's portrait and the slogan, gone but not forgotten. ashley, the monks with fish like 4 or you know, hot and gone, but not forgotten. that's been really popular. and here, people by in a lot especially that these have been and stores are already looking to the future. but it might take a few days to get king charles memorabilia. you haven't planned any t shirts or clothing yet, but hopefully the mocks will come from thursday for king charles. yes,
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souvenirs are also in high demand in place is far from the u. k. like in hong kong, which was ruled by britain until being handed over to china in 1997 bryan on owns house of men, a memorabilia shop. oh, why mean what hong kong people miss is not only the queen, but the time when hong kong was under her rule are hungry. it was during the british colonial time when hong kong developed to become a 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 content, george iowa, with beijing's clamp down in the city and his bro. 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
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people. i will miss her. and a reminder of the top business story we're falling for you this hour. you commission president ursula bonner land has announced a proposal to secure critical raw materials like lithium, outside of china, bundle and called for identifying projects and building reserves that can secure supplies of rare earth and more well, that was our shower for me and the whole team here in berlin, thank you so much for watching and see you tomorrow with enter the conflict zone with tim, sebastian, russia has suffered key reversals on the battlefield. that's key us. horses have come to attacked and feed back a wide swathe of territory. my guest this week from moscow is andre kalashnikov,
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senior fellow at the think time, the comic gate endowment, but international peace amounts among some of la putin supporters. how boehmer boy, is he conflict zone? next on d, w. time one on guard. growing calls for independence are ruffling the feathers of big brother china kim. this small country take the pressure he and how did it come to this? facing the threat from china. in the 45 minutes on d, w. o you become a criminal pre climb aol,
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already knows with about hackers, paralyzed entire societies, computers that else were you and governments that go crazy for your data. we explain how these technologies work, how they can russia has suffered key reversals on the battlefield as chaos forces have come to attacked and seized back a wide sway the territory. my guest this week from moscow is andre kalashnikov, senior fellow at the think tank. carnegie endowment for international peace as anger.
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