tv Business - News Deutsche Welle September 21, 2022 1:15am-1:31am CEST
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born in the world is gridlocked by a string of crises, tonia who perished till the un general assembly. countries are not willing to tackle problems including the war and get crime and global warming. and that is all for now. robots is up next with the latest business news. stay tuned for that. and remember, you can stay on our website at any time. and d, w dot com to handle, you know, the social's like twitter and instagram. is that the data paintings? buckner, people in trucks injured when trying to flee the city center. more and more refugees are being turned away. border families, please see the reason for these correct only is with people lean extreme drought
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ross getting 200 people from the agency around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah! germany takes control of it. the biggest gas importer 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 the state of your business on robots in berlin.
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welcome to the program. germany is biggest importer of natural gas, says it's in final discussions over it's nationalization. uniform 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 you. report 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 force him to unit. and juniper would also receive an extra $8000000000.00 euros in government bailout funding. taking the total to $29000000000.00 since russia invaded ukraine. so as a giant of germany's energy industry ended up in this position. but let's take a look. energy company univer is on the brink of being rescued. as germany's
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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, unit for 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 unit are used to get cheap gas piped in from russia, but now has to get gas from more expensive sources. russia completely turned off the top for the nord stream, one pipeline, that used to send gas to germany after citing and need for maintenance. it's unclear when or if the pipeline will be back online. but with the months growing
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colder, there's little time to wait and find out. as in the form of the end of nord stream, one 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 wholesaler. as the german government works to stabilize univer, germany today is continuing to pay the price for its past over reliance on cheap russian gas. after having president frank vall to shine my, is in mexico as part of a 3 day state visit, or the trip is part of a broader initiative to rally western democracies in the face of russian aggression in ukraine trade relations between europe. i'm mexico are also on the agenda. another audi is ready to hit the roads. the technology may be german,
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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 have made it an 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 and automotive components alone was worth almost $2000000000.00 in 2020. and as well,
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this audi factory local workers are benefiting from germany's traditional apprentice program. the 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 is 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
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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 quantity boss michael parsha. ah, let's see it myself. i'm 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 . this will be a fly in challenging topographical and climax conditions. we've seen better continuous performance with hydrogen device on hub for shorter distances and city
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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 shaquanda, the average customer drives 80 kilometers a 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 isn't. 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
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e actress long haul in real world operations starting in 2023, it could be ready for serial production in 2024 at the earliest malice. take a look at some of the other global business stories making the news. the united states will double the amount of flights between europe, cities and cuba 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 monkey. 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 nearly 78 percent said they had stocking issues and there
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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 years car make and may the announcement is it slash 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 correspondent in new york. yeah, of course a yen is always lovely to have you on. so i how big a problem is this for, for well, at least short term wall 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,
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and it was the 1st trading day full force within 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 of about $1000000000.00. if you look more on the midterm and for the expect 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 at least wall street, that seems to be rather concerned. and that's what we see was system has a reaction and he would say it's reading session 40 to 45000 doesn't finish cars, but the supply chain problems that's only not unique to ford. are they? no, definitely not rob. just meant of last week we heard from general electric for instance, that they also the supply chain issues for the health care segment for the
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aerospace industry, for the jet engine. for example. other industries probably also are getting hit. i mean, early on in the pen demik, we have to charge for the same doctors, but now we also the shortages with other parts them as well. so that is a concern for now, especially as than a couple of weeks to kick off 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 fillings isn't again quarter in new york for us. thank you very much. and a reminder, the top business story that we're following for you, this,
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our jimmy's biggest importer of natural gas, says it's in final discussion favorites, nationalization in a past as it needs the german government to significantly step up its support as the struggle to survive. it's survive, it's cost of skyrocketed since russia started checking off the natural gas applies to the european union. that's all from being the business name handling from all from us you had, i was while website dealer with com slash business. and we also wanted to, we need you to jump to next talk. okay. ah, i around half a 1000000 people die from them every year. officials in africa, south america and europe, looking for solutions, hasn't temperatures continued to rise. globally,
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hackers and paralyzing the tire societies. computers that outs where you and governments that go crazy for your data. we explain how these technologies work, how they can go in for, and that's how they can also go terribly. watch it now on youtube. ah ah welcome to global 3000 dusty and i read how people in spain a dealing with the extreme drought hot and stuffy. what can we do to co.
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