top story, this, our busiest nobel peace prize has been awarded to jailed delusion, human rights activists, alice yacht sky, the russian organization, memorial and ukraine's center for civil liberties. norwegian noble committee, set the peace prize, glorious with present civil society in their home country. that's it. from me and the new stream, i'll have an update for you at the top of the off. but 1st business news with chris kolber, bob ellis and belin, from me, and the new seemed thanks for watching. ah ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites. d. w world heritage. 360. get the act. now.

how did she become at off hitler's favorite director? and how did he become a forgotten film? pioneer. leaning leaf and style and on old funk. in 1932, they set out into the icy wilderness of greenland to create a life threatening film project that became a major milestone in their life. ice cold passion starts october 8th on d. w. ah, european countries find a new way to talk to each other, will that help them to find unity and prod leaders are leading him attentions on how to tackle high energy prices. look at the latest from our correspondence,

and we'll go to mexico, where drug cartels are fighting for control of the food business and its distribution chain. i'm for cobra. welcome to the program. european leaders have come together in the check capital, prague for the inaugural european political community forum, a meeting where you member states, turkey, britain and other countries have come together to discuss how they can boost to security and economic prosperity. to day, the 27 e leaders and attendance are gathering separately for an informal you council meeting. a key topic on the agenda is how to deal with the current energy crisis. several countries have enacted relief packages to help ease the burden on taxpayers . now these packages varian cost. let's take a look at some of them. now spain's relief package will cost 27000000000 euros francis package. $45000000000.00 euros, and italy will hand out

a total amount of $50000000000.00 euros. germany's package will cost more than the previous $3.00 combined. the reef package will cost taxpayers 200000000000 euros. it does include a one time payment of $300.00 euros and a cap on gas prices for consumers and businesses. well, for more that's bringing our correspondent, nina asa, who has been following the meeting in praga nina. critics say this german aid package would distort the e u market. is that the overwhelming opinion among leaders in prague as well? i know it's not. i mean, this criticism is definitely being voiced here in prague, especially from eastern european countries. the polish prime minister, for example, said that it was unfair, and that the air gemini, can't dictate energy policy either. so he's having a good go at had germany at the moment. but them, other than that,

germany argues that other countries are doing similar things as well. austria is on its 3rd financial aid package and a, you have to keep in mind that of course, those up to 200000000000 euros. they are going to be spent over a period of 3 years. and you rules do allow these things to happen because there is no e u mechanism if you will. the gemini is not acting against the roles, but nevertheless, of course, germany is a very big player, is the euro zones, most important country and most important economy. so anything that germany does economically when it comes to financial aid in particular, of course is being watched very closely. and, and there is a chance that a e u countries are taking a possibly dangerous q, were from germany. because financial experts are warning that this debt funded aid package could open the door for less fiscally prudent countries to want to borrow large amounts of money and then potentially leading to trouble like we've seen in

the u. k. well, of course, every european country at the moment is dealing with a full out from the pandemic, with all the consequences of the lack of energy supplies on the world market and rising energy prices as a consequence. and so, of course, everybody is concerned about an angry citizens as well. we don't know how to pay their gas bills or their energy bills. and so people are looking into options of how to get prices down, how to increase of the supply of energy, etc. and then you have to also look at how companies are being affected. so that german financial aid package, for example, that doesn't just target consumers. it also targets small and medium sized businesses because of course there is a big fear that term at the moment the crisis is so big that some companies might just not survive because of those high energy prices. but then you officials argue we do have

a fund that's already available and where the full potential hasn't been tapped yet . that is the fund that was created last year, up to 750000000000 euros worth of money was being put into that fund by anglo michael. the den chancellor and the french president monroe. my call and that potential there are still 100 or a billions of euros that are still available. so no need to take extra loans. nina, briefly, if you, if you're good, why is germany supporting a gas price cap on a domestic level, but is opposing it on an e, you level well, germany is very concerned about energy security. and it argues that so far it hasn't been presented with a model whereby europe, european countries would manage to bring gas prices down without the suppliers of gas, not turning away to other buyers that pay

a higher price. so that is the big topic that is on the agenda here today. how do you get energy prices down? how can european countries, why together as a buyer on the international market, so that price is eventually come down a little bit. how do you cooperate also with countries like japan and korea that are facing similar problems also and with high energy prices and that is definitely being discussed. very controversial. i wouldn't say that germany is completely against it, but it hasn't seen a convincing model yet. dw nina has in prague mean, i think it is to lebanon now and economic a crisis there which has brought withered a rapid decline of the value of the lebanese currency. the 250 and 50 pound coins for years have been widely used, but have nowadays lost much of the value. but jewelry makers have found a way to keep them in use. bracelets, necklaces,

airings all made out of money. this coin is now worth more as a raw material than it is as legal tender currency. that's because the value of lebanon's pound has depreciated 95 percent since the start of the countries financial meltdown. 3 years ago. i thought we can't buy anything with it any more, but it's still very valuable to us and we don't want it to get lost mob edmond could. but rather than and see her though it's lost, it's monetary worth. some are still trying to preserve it's sentimental value. hey, did it? i did come so much. didn't he? like it is $25.00 lebanese pound bank? no used to be the price of a house. this is how my parents bought their house. but it's sad when we used to say during the times of our parents now within a year, a year and a half or 2 years, we lost a huge amount of the financial value. so i wanted to support it to make it into an accessory, to where it and just to stay proud of it. this was when it was the,

when does she feel hung of he l some odd now purchases the coin by the keel l. the 250 and 1100 pound coins were once worth the quarter. and a 3rd of one us dollar. now they amount to less than point 01 of one us sent their worth so little that even grocery stores have stopped using them. but it's really concerning the metal coins. it's been 5 to 6 months since we stopped using them. but we're keeping the ones we have, but we have a quantity of them that we are keeping for our children and our grandchildren to see how the pound once was at noted the only issue with that i'm lebanon's crisis shows no sign of abating, but it's citizens are determined to preserve their pride in the pound and now to some of the other global business stories making news. pepsi has ordered 100 electric commercial trucks from tesla. vehicles are advertised with

a range of 800 kilometers delivery of the 1st one is expected in december. according to tesla. shares of yours cannabis growers, and sellers surged after years. president biden, pardon thousands of simple possession and asked, states to follow suit, chose greater exception of the drug which is already legal in parts of the united states and better business opportunities for related products. samsung warning of a 32 percent lightens profits as demand for electronic devices and memory chips shrinking. the same situation for us to ship maker am deep, who also warned of a profit drive as people cut back on purchases. as the cost of living rises, a french court has knocked more than 700000000 euros of a fine imposed on apple after it lost an antitrust case in 2020. the initial fine was a record 1100000000 euros. the tech giant says glanced peel having to pay the remaining

$370000000.00 euros. good g fendy. louis the tall luxury is a world of its own. and one that usually crisis proof, the riches of the rich keep spending even when times are tough for everybody else but not in china right now. the economic crisis there is changing shopping behavior, even among the most high brow of the korean tell sheep metal, shelving products scattered across a simple table. this is the 2nd hand store, but not like the one in your neighborhood where you can buy worn out suits from 10 years ago. no. here at there's the shelves are stacked with the most expensive names and fashion designer brands like louisville, tall and amiss, and fendy shoppers here, look for expensive stuff on the cheap shelving. we don't see the, i'm a corporate slave. i had to definitely spend last this year,

but i still like what i like and i can't help myself. who do i need to buy it? so i think this kind of 2nd hand shopping is particularly good, mainly because there lot of products here. and if i like an item like i would just get it straight away. well, see one, i'll give you. despite at global economic slowdown, devastating cove, it shut downs and uncertainty about the near future. some still need an expensive look. even if they can't pay full price anymore, others of course, are scaling down. who needs good? she? when is stuck at home? to the far, why do you want me to go home yellow? sure. she economic slowdown has had some positive effects on our industry, especially on the consign or side when the economies slowed down, they were thinking maybe why not sell the luxury goods that are sitting idle at home boy, sound archway. why not? what about i this in should a chicka luxury,

the goods notch way to show my and so sir has become a marketplace for those who need to sell their once expensive accessories to get some much needed cash. and those who still need the luxury fixed but can't quite afford what they used to pay china. $74000000000.00 luxury good sector is changing . analysts expect the 2nd hand luxury market to put drupal by 2025, growing to $30000000000.00. and finally, some positive news. new head gear, powered by artificial intelligence, is helping firefighters better navigate, smoke filled fire seats. the smart helmet allows them to essentially see through smoke and detect victims more quickly. that is because it's mounted with thermal cameras, radar and sensors. the helmet is the 1st project designed at a new 25000000 euro state of the art facility in scotlands.

and here's a reminder of the top of business story we are following for you at the sour european leaders have come together and project for the inaugural european political community forum. a meeting there, you member states, turkey, britain and other countries are discussing how they can boost economic prosperity and security. and he topic on the agenda as to how to deal with the current energy prices. and that social thanks for watching with is the end of the pandemic in site. we show what it could look like. return in the normal. and we visit those who are finding it difficult.

he sees his successes and seen in a weekly coven 19 special. next on d w. o aah rearing to read! ah, everyone who loves books has to go insane. ah t w literature list 100 german must reads with awe for almost 3 years now, japan has been shocked to the outside world instead of thousands of visitors enjoying the sites. there are hardly any paying. ready guests but that full set to change on october the 11th.