in mexico city is that after the remembered ceremony in which, at the exact time of the earthquake, the flags are lower and half mast. there is a drill, a earthquake drill in mexico city and another cities around the country. but the one in mexico city is really the one that has allowed people, its inhabitants to be very, very conscious of what to do in case of an earthquake. so there is a drill. the seismic alarms go off all around the city. and well, really, i thank you so much for that update. thank you. that's or time business is up. next . thanks for being with people have to say matters to us. but me. that's why we listen to their stories. reporter every weekend on

d. w. making the headlights and what's behind them. dw news africa, the show that was the issues shaping the continent. life is slowly getting back to normally well in the streets, to give you in the report on the inside our corresponding with on the ground reporting from across the continent and all the friends stuff, the mazda u. t. o, who's africa? every friday, only w ah, germany's l n g drive moves up against work begins on a 2nd, new liquefied natural gas turban allows berlin rushes to secure enough energy for the winter. and this island is at the center of greece as bush to go green,

but the local tolerance but turbine is wearing thin. his date of your business on rob, what's in berlin, welcome to the program. as the cold a days draw in europe is in a race against time. as russia continues to slash natural gas deliveries to e u countries, they're having to find new sources to stop energy costs. getting out of control of this winter, germany is turning to liquefied natural gas to help fulfill an urgent need on tuesday. it's f. it's take another major step. construction on a new 40 kilometer pipeline is set to begin at this facility. and lube mean this pipeline will be in the middle of the baltic sea. it's a key piece of infrastructure to get elegy off of ships via future terminal and sent to the rest of germany. lube mean will be germany 2nd, ellen g terminal. it's 1st is in vill helms hoffen. it's anticipated to go online

this winter. them. the project will open the doors for liquefied natural gas to be delivered through existing networks. germany's climate, an economy minister, robert high back toward the site, which is expected to start delivering about 4500000000 cubic meters of gas per year starting in 2023. you rosa is gospel. honestly, the aim is to get gas elsewhere and then to import it into the country. this import is what is germany's biggest problem. as mentioned, we have the possibility to buy gas, but we don't have the infrastructure to import it responsibly apart from mood mean and nord stream one. we are working at high pressure to create this infrastructure so that we can import this gas comb, come, finding new sources of gas is critical to the german economy. that's because there's currently no gas flowing through the nord stream, one pipeline, which one's carried 59000000000 cubic meters of gas to europe each year. from

alice glory if, if everything works well. and if germany can manage to live frugally. and if we are lucky with the weather, we have the chance to get through winter when i'm a miserable hobby to understand something i would not have said just a few months ago. we have a chance isms. chancellor, olaf sholtes is expected to sign contracts for liquefied natural gas during his visit to the united arab emirates this weekend. well, let's discuss germany as a price to his gas crisis. further, we're joined by emily mclain. she's an analyst in the natural gas markets at rice dot energy. thanks a lot for being with us. emily. how do you assess the pace of germany's shift to l . n. g. because things seem to be moving quite fast. yes, you're correct. they are moving fast and germany is really at the center of the race or at the front of the race. you will really, since the beginning of the russian invasion,

we've seen more than 20 new l and g in port terminals being proposed. that's in europe. of that, almost a 3rd of those projects are in germany. so about 31 percent. now the bill homes office are you, that's about 7 and a half 1000000. tons. that project still under construction, but it's 1st f s r u is on track to start later this year. and that'll add, you know, incremental capacity to, to germany. yeah. the key thing there is that it can come in the winter at least if not to, to help with the winter itself. so how far can ellen g actually go towards fulfilling? germany's natural gas, you will because l n g has to be transported, transported, obviously by back to congress center by the, you know, the, the 1000000000 barrels that down the pipeline. so i can germany rely on ellen g as an alternative. so to answer the question, yes, absolutely. germany can rely on elegy and it will have to the country will have to

going forward, not just this year, but in the coming years, i would say it had to start with looking back at last year, looking back at this year. and really just seeing how germany has imported, it's gas in the past. so this past year 2021. we're looking around $4850.00 b, c. m a piped gas. now that's not including al and g. and that's really made up about 50 percent of germany's gas and ports of that, about 12 to 13 percent are coming from russia, pipe gas alone. so germany still bringing in piped gas from the non russian sources . those are holding steady. but what we've really seen in terms of the changes in the landscape and, and imports this year, is that additional energy imports that have really been a requirement to meet demand needs this year. but to your question, even with elegy imports and with the study flows of non russian gas imports, really the country can't reach those, reached the level that would completely offset russian gas. they have managed to

reach very high storage levels now, so roughly 8089 percent as of last week. and they may also reach their november storage target of 95 percent ahead of schedule. and that's all because of ology. ok . emily mclean from right identity. thank you very much for bringing your inside sales visit. thank you so much. now, grace is going green by speeding up. it's renewable energy transition. it plans to phase out coal in 6 years and boost is wind power. a quarter of all the turbines will be concentrated on the island of a veer. now athens foot conservationist, a worried about the impact. 400 wind turbines dominate the landscape in this region of area, and soon there could even be more the area has been scorched by several wild fires recently. and despite promises, there has been no reforest in here yet. that means heavy rainfall poses

a major landslide threat to coastal settlements. environmentalists get renamed yaneth fear that the construction of more turbines will only make things worse. no vegetation would mean little or no water retention. more turbines means more concrete and more damage. sylvester, all of our courtesy follow up metric, assuming they're planning to build another 14 turbines along the ridge from that mountain over there. to this point, the coffee me of each one will be 195 meters tall. and with them comes a concrete base and of course the necessary connecting rodents is roman. no more turbine is what's written on this banner. many people here are fed up, especially because they don't get any of the benefits. the electricity, the turbines produce isn't for them. it goes to the attic or region on the mainland wire and under water cable. a new wind park is being planned for the islands, not coast to compete construction. the motor oil energy group wants to cut down

55000 trees. it's not a popular idea, even the governor is against it, which is oscar for some more energy. democracy. really good for sure. if the 2 more and smaller investors to create their own renewables and also for, for the big was her to have a deeper social control in terms of when, how into which level the developer of the area mission also containing for you. fortunately for us and it was really for us for the license that you're sorry, noah days licensed by the federal government across from the island on the mainland . there are hundreds of turbines waiting to be transported. the german energy company, our w e, has just partnered with halima petroleum to construct an offshore wind park for our

w e. it's the lucrative entry point into the creek energy sector. but those working in tourism are less enthusiastic and we're selling the wonderful ocean. the clear water, natural beauty here, the peace and quiet were losing everything on the greek prime minister acadia go. smith's talkies has said environmental protection. is that top priority for the government? whether that applies to eva is not yet known to the rest. now where confidence among builders of single family homes fell for the night straight months in september. soaring mortgage rates are colliding with high prices for building materials, making new housing less affordable for 1st time buyers. the average interest rate for a 30 year mortgage is 6 percent for the 1st time since 2008 analysts points to the federal reserves, aggressive monetary tightening policy, which has had a big impact on the property market. let's get more on that from our financial

correspondent in new york, yen quarter. yes. home builder confidence is low and for good reason really now? well, rob, i mean it's a tough combination for those. some home builders on one side, as you mentioned, we have higher mortgage rate, meaning evading demand forward from potential hold buyers. on the other side, we see higher costs for those home build us, but still they have to offer discounts and even lower prices to attract, attract new clients. and therefore we saw that a huge drop in competence with home builders. you mentioned the 9 consecutive time . this has never happened to him since the mid eighties. i believe that when some index actually 1st started i mentioned the policies of the federal reserve. actually the fed expected to raise interest rate. again, just later this week, niecy beat it also a couple of weeks ago. so is a,

a tough time for mortgage holders, or at least going that way for you to be actually though is $75.00 basis points. where are the highest interest rate increased in the history of the d, b, but then again, you to be as not as old as the federal reserve here in the united states. and we already saw 2 consecutive high expired 75 basis points. so we will probably the 3rd time is a charm the same thing this wednesday, there are few economists out to believe that the fed might be even more aggressive, meaning a full percentage point increase. either way, it's a very aggressive move, not just by the federal reserve, but by 10 per bank around the globe. and that refers to, well, actually some pain in the real estate market in the united states, but also in other parts of the world in germany. for example, there are also some use out that some potential home buyers to pull back. so those are the real economic consequences when money becomes more expensive in

a very thought session, ok quarter. joining us from the new york stock exchange. thank you very much for your insight and that's all for me and the business team here in berlin. if you like, more from us, you can always head over to our website is t to we dot com slash business on. you can also find more from us on the w news, youtube channel. be sure to check out our business special, which we publish every week. you can head over to facebook as well, or on there as a w dot business and until next time. okay. and which country has the world's most mercedes benz limousine? albania. over year vintage is in demand. it's actually the $1.00 to $4.00 series

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