images audio in many areas that had never seen flooding are you. there has been an unprecedented accumulation of water, in which in fact, in many areas it was greater than what we saw during hurricane maria edward dang, maria tor dc. it is still too early to know the full scope of the damage. and that's all from us for now, but stay tune route watts is up next with the latest in the business days. remember, you can always get more on our website. that is, of course d, w dot com. i'm nicole freely from me and the entire team. thanks for your company today. with interest the global economy our portfolio d w. business beyond. here's a closer look at the project. our mission. to analyze the

fight for market dominance. east this is wes, given the head with the w business beyond. we've got some hot tips for your bucket list in romantic corners. check hot spot for food, check and some great culture memorials to boot. d w. travel off we go. germany takes control of its biggest gas in puerto uniform, has been hemorrhaging money since russia began turning off the taps. now it says it's set to be nationalized and they're big and they're clean. see how truck prototypes on display and germany could point to a green,

a future for commercial from his date of your business on robots. in berlin, welcome to the program. germany's biggest importer of natural gas says it's in final discussions. over its nationalization, univers says it needs the german government to significantly step up and support us . the firm struggles to survive. it's costa skyrocketed since russia started choking off natural gas supplies to the e. u. reports suggest the deal on the table will see the german government acquire a significant majority stake in the company by taking over the 78 percent owned by finance fort m. as a result, berlin may have to return 8000000000 years of financing provided by 4 to 2 units. and juniper would also receive an extra $8000000000.00 euros in government bailout funding, taking the total to $29.00 billions since russia invaded ukraine. so as a giant of germany is energy industry ended up in this position. but let's take

a look. energy company uniform is on the brink of being rescued. as germany's largest importer of russian gas, it faced a devastating loss of $12000000000.00 euros during the 1st half of the year. amid the fallout from russia's invasion of ukraine to stay afloat. unifor allied on cash reserves and government relief worth close to 20000000000 euros. germany's government effectively bought a 30 percent stake in the company for this cash injection in july. but that alone hasn't been enough. the diesel door faced companies as high energy prices and a threat by russia to cut additional gas supplies have made things increasingly difficult. that's because una per used to get cheap gas piped in from russia, but now has to get gas from more expensive sources. russia completely turned off the tap for the nord stream, one pipeline, that used to send gas to germany after citing a need for maintenance. it's unclear when or if the pipeline will be back online.

but with the months growing colder, there's little time to wait and find out in the funnel the end of nor extreme on or the continued shut down of north stream on further shows how difficult the winter is going to be. and it also shows that we might get through winter in terms of supply if the gas reserves are big enough. but the price tag, the price of gas, oil and energy will remain extremely high at vita, an extreme hope low. as the german government works to stabilize unit for germany today is continuing to pay the price for its past over reliance on cheap russian gas. german president, frank vault. a shy myers in mexico is part of a 3 day state visit. while the trip is part of a broader initiative to rally western democracies in the face of russian aggression and ukraine. trade relations between your upon mexico, also on the agenda. another audi is ready to hit the roads. the

technology may be german, but it was assembled with mexican finesse. at this factory in san jose, chapa, mexico has become a major production location for german companies, especially automotive manufacturers and suppliers, mexico's combination of cheap labor and its location between the u. s. and south american markets that have made it in attractive destination for german enterprises . to date, more than 2000 at german companies have a presence here with more than a 3rd opening production facilities. bilateral trade between germany and mexico is worth around 20000000000 euros annually. mexico is germany's largest trading partner in latin america, and germany is mexico's most important trading partner after the u. s. and china, electronics, pharmaceuticals and chemical products help fuel bilateral trade here. but trade in automotive components alone was worth almost $2000000000.20,

and alice audi factory. local workers are benefiting from germany's traditional apprentice program. this scheme sees employers training future workers for the demands of their workplace assuring. the company gets high caliber employees and giving the worker critically needed skills for the job market. now it's going to take plenty of energy to charge. one of these things here, a battery powered semi truck now on display in hanover, germany because a charging station is actually what's necessary. that's part of the problem for the greening of commercial fleets. the infrastructure often isn't there, at least in the scale. this required has a look from this weeks i delay transportation. these rigs were supposed to be the future of freight transport on the road. electric trucks running on green energy, dimed or is batting big and electric and has unveiled a world 1st. the prototype of the e actress long whole with

a range of 500 kilometers. but so far the actress falls short of a diesel truck. there aren't enough charging stations. we need more public infrastructure as well that we really speed up the transition. we are working in a joint venture to build some charging stations, but we need many more initiatives and others that take responsibility to build more infrastructure. for various quadrant truck runs on hydrogen powered fuel cells, the heavy truck can travel up to 1500 kilometers on a single charge. this makes hydrogen the better solution for long distances says quantum boss, michael parsha. ah, lists each muscle stove, earthly hydrogen is easier to transport and store bases more of an issue with electricity. the globe also we believe the hydrogen infrastructure for our trucks can be developed more quickly on the fly in challenging topographical and climactic conditions. we've seen better continuous performance with hydrogen device on hub

for shorter distances and city traffic manufacturers prefer a battery powered vehicles like ford, with its e transit custom. it can travel 380 kilometers without charging, which is enough for the target group of tradesmen and delivery services. endorsement mission couldn't the average customer drive 80 kilometer the day, whether certainly some who really drive long distances every day. we found a majority of customers cover less than a 100 kilometers. that's where we're well positioned with our e transit customers and then it will help us day buying new electric vehicles is associated with high costs. logistics and automotive experts are seeking government support. then mon, via, if you really want c o 2 free transport, you have to pay for it, offered. so it's more expensive than diesel engine. so politicians need to think about what regulations they put in place without regulations. this thing is just going to hit a wall, don't assist in getting new. and so far,

diamond has claimed its 1st success amazon plans to test the e actress long haul in real world operations starting in 2023, it could be ready for serial production in 2024 at the earliest. now let's take a look at some of the other global business stories making the nears, the united states will double the amount of flights between us cities and cable in the coming months. new flights are scheduled to start by mid december. american airways and jet blue have been given go ahead to lead the expanded coverage. a long monk. musk says his starling satellite project will seek permission to provide internet services to iran. business with the country is currently limited under international sanctions. mosques announcement comes as iran faces political unrest and widespread internet disruption after a woman died. while in the custody of iran's religious police, german retailers are concerned about supply problems according to a survey by the

e. fo institute in august really 78 percent said they had stocking issues and there was no sign of them getting any better before christmas crunches. hitting sellers of bikes, household appliances, and consumer electronics, in particular. and ford says thousands of its most profitable vehicles are sitting unfinished because of pass shortages u. s. car make and made the announcement as it flashed. it's 3rd quarter earnings forecast. it expects to have $45000.00 unfinished vehicles on its hands. by the end of this month, mostly s u v 's and trucks. let's get more on this from our financial correspondence in new york. yeah, of course. again, it's always lovely to have you on. so i, how big a problem is this for ford? well, at least short term war 3 and seems to believe it's a big problem. the stock came here on to stay dropped by 12 percent about

$7000000000.00 of market capitalization got wiped away, and it was the 1st trading day for, for it in 2011. so in more than 10 years. so. so if you look at the short term picture, for ted to renegotiate with suppliers that lead to an additional cost up about $1000000000.00. if you look more on the midterm for it expects to actually meet a profit expectation for the full year. so some of the sales that are not happening in the 3rd quarter might happen in the 4th quarter, but overall, and at least what speed seems to be rather concerned. and that's what we see with them. has a reaction and she would say it's training sessions. 40 to 45000 doesn't finish cars, but the supply chain problem is that that's only not unique to ford. are they? no, definitely not rob. just meant of last week we heard from general electric for infant that they also the supply chain issues for the health care segment for the

aerospace industry, for the jet engine. for example. other industries to probably also are getting hit . i mean, early on in the pandemic, we have to charge for the same doctors, but now we also the shortages with other parts as well. so that is a concern for now, especially as in a couple of weeks, we will kick off earning season and we get anecdotes left and right so that companies are struggling. and that could overall mean pressure for the economy, not just in the united states, but actually also a globally and all of that in an environment and all the country banks are increasing their interest rates, making money more expensive. so it is very, yeah, 10 situation. i would say at this point, so all in feelings isn't again, course are in new york for us. thank you very much. and a reminder,

the top business story that we're following for you this, our gemini, biggest importer of natural gas, says it's in final discussions. everett's nationalization in of us as it needs the german government to significantly step up its support as the them struggle to survive. it's survive, it's cost of skyrocketed since russia started checking up. the natural gas applies to the european union. that's all for me and the business. same handling from all from us you had i was while website dealer with com slash business and also on the t to we need you to jump to next time. again, looking back at a major world events, june 1953, a global audience of more than 100000000 people watches the coronation ceremony of the young queen of england live on 2 v. as sensation, a bold decision and

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