it requires for it to take place is for good people to acquiesce and to not do anything and an important historical documentary for sure, and an important film with resonance for today, for the present. the finally, a new record has been sit at an annual autumn competition. this john pumpkin grown in the midwestern state of minnesota was hold all the way to california. we're white in at. i've a 1160 kilograms sitting a new national record at the board for prettiest pumpkin went to a somewhat smaller edris. huh. and so for now, business is next day with blue. the flags and what's behind them? dw news africa. the show that supposedly issues have been the continent life is slowly getting back to normally where on the streets to give you enough reports on

the inside of our correspondence is on the ground reporting from across the continent. all the friends doesn't matter to you, tito, whose africa every friday, only w. 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 out now. ah, the moscow stock exchange plunges, it follows the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine. but also a key economic linked can no way come to the rescue and how

a europe through the winter and beyond with liquefied natural gas. and we introduce you to the latest nobel prize winning economists and their model that explains why bank runs happen and the need for regulation. i've been fossil and let's do business. geopolitical tension continues to keep traitors on their toes in moscow. on monday, the stock exchange tumbled 12 percent. the reason was the weekend explosion, that partially destroyed europe's longest bridge connecting crimea to russia. it over the opened in 2018, the price tag over 4000000000 euros. the pet projects of russian president vladimir putin was a boon for year round tourism in the black sea resort of crimea until the war that is then it became a military supply root. the bridges rail link had also boosted commercial activity, allowing russia to brand pop exports, energy analysts, olga cot cova, is originally from nikolai of in southern ukraine. i asked her about the importance

of the bridge. several reasons why this bridge was a huge deal, both economically and symbolically after russia illegally occupied crimea, into the as and 14, this bridge was a symbol. this bridge was a trophy for russia in a way to demonstrate how russia took over this entire region. now, the economic implications of it are important to explain it has what happened up to russia's take over, is a lot of the native and indigenous population like crimea. ta tars, for example, who supported ukraine and really did not want russia to take over the way they did . what either imprisoned, intimidated, were sent to jail, were tortured, and a lot of them were afraid for their lives. so they ended up, a lot of them ended up leaving crimea leaving ukraine. so a lot of those houses russia illegally gave to russian citizen. so when we talk

about economic impact, that is really want to be clear about what exactly we're talking about here. and it's russian illegal russians illegally taking over infrastructure housing. and of course, you know, building out their own projects there, including this bridge and making it easier for russians to enjoy ukraine's land crimea. to go on vacation there or for longer stay and half an easy way to get there through this bridge. so that's, that's and ball and plus economic infrastructure and numbers. you know, i think like 40000 cars per day, we're going through that bridge out like 50 trains, at least a day we're moving through. it's so yes, economically, it was very closely tied to russia after russia illegally took that away from ukraine. as russia turns off, the gas tap to europe, norway is stepping in to provide liquefied natural gas. the replacement supplies

don't come cheap thought, but a colder winter could be coming. our way we said mux sunday to the use gas, which neighbor the fossil fuels europe, desperately needs flight deep beneath the ocean. this region is responsible for 3 percent of the world's gas consumption. the norwegian, continental shelf, platform crews and pipeline operators are working around the clock to provide something that's now needed more than ever in europe. affordable gas. the biggest question is now whether or not norway will be able to share its riches and help out it's european parkers. we travel to norway to find some answers. now this here is one of the main facilities connecting norwegian gas fields to homes and businesses in central europe. this is the coastal processing plant from here, gas is being sent to germany by a pipeline. and since the beginning of the war,

the volumes of gas being sent through this pipeline has increased quite a bit to make up for the lack of lush and gas compared to last year, almost 10 percent more gas is now being processed by plants like this one from casto, the gas travels more than 600 kilometers by a pipelines to m them. and donal, in northern, germany. since the start of the warn ukraine, german leaders have asked their norwegian counterparts to do even more. but the industry seems open to the idea. like many others, pipeline operator gas go appears to be in good spirits here at o. n s one of the world's largest oil and gas conventions. if you look at the average for the last 5 year, and we will definitely be on own most the highest level lever her this year. we are working all the time to optimize the new agent transport system. the industry has been able to increase the output partially due to delaying maintenance, will c, e o for the leave of them expects even higher volumes of gas to delivered next year

. however, like many in the industry, he prefers to not discuss profits. our job is to be predictable, to deliver to goss into the market the way that the ship a so want us wants us to do with high irregularity, low emissions, and so on. if the prices are low and the prices are high, we do our job anyway. so, so that's our main focus related, reliable supply to europe. norwegian, oil and gas won't solve the european energy crisis or moon. but they're likely part of the answer. now to some of the other business stories making news, the war in ukraine is expected to lead to the highest immigration to germany since re unification. between february and august, there were over 1800000 arrivals in germany. alden, half of them ukrainians fling the war e o. c. d expects the number of immigrants this year to exceed that of 2015. when more than 2100000 people came to germany. relatives of victims of the

2000 or 9 plane crash into the atlantic ocean shouted down the ceos of air force and airbus after they took the stand or 288 people aboard. the fight died on route from rio de janeiro to paris. after more than a decade of legal battles, this manslaughter trial could bring justice for the families. tesla continues to electrify german drivers officials, so official figures rather show the u. s. electric car makers test a why out sold both volkswagen and audi last month? testers model free also dominated the mid range segment with nearly 15 percent more sales. the nasdaq lead declines, a wall street washington has published new sanctions cutting of china from certain semiconductors made with us equipment anywhere in the world. let's go over to our correspond. james sweeney joins us from the new york stock exchange. james,

i bet the news rattled the chip sector. well, it did rattle the chip sector in sack snacks. took quite a hit this monday to kick off this trading week with nasdaq getting hit, the hardest dropping to its lowest level in the last 2 years. because tech shares continue to get hammered and, and if you're wondering why the slump, semiconductors taking a hit to day after the by the demonstration announced new export controls that will limit us companies from selling advanced semiconductors and related manufacturing equipment to china. in other words, the administration does not want these products and chinese hands without the approval and even more validation of this, the u. s. bureau of industry and security. it said in it's released today that the rules mean that these companies must apply for a license if they want to sell certain computing semiconductors, or related equipment to china. in other words, if you want to sell it to them, you gotta get permission from us. first, and these rules, they're effective this month. and how do you think this is going to affect business

for, for american firms that want to continue doing business with china? in terms of, in terms of affecting business, this could, it could possibly mean a lot, but it still remains to be seen exactly how damaging these new restrictions will be on business. because the government, if i stand, if i am correct the, the chinese companies, the government put chinese companies like, while way s m, i see on a black list that required suppliers to obtain a license before selling to them just last year. but suppliers to those 2 companies, they, they received those licenses last year and they still did billions of dollars worth of business. these rules were put in place, but business kept moving. so all i can say regarding business is that in regards to these rule changes, only one thing is certain, expect a lot more new license applications that be presented sometime in the media future . and it sounds like a lot more paperwork and businesses set a time like that. james sweeney for us at the n y a c. thank you.

thank you. 3 american economists have won a nobel prize for showing how bank failures and not a cause of economic downturns, but a consequence. they argue. government guarantees on deposits can prevent financial crises from spiraling by convincing depositors not to panic. liquor reaches intervention of central banks and governments was hugely important in preventing the collapse of lehman brothers in 2008 from triggering a chain reaction of banking failures. system critical institutions were rescued favors deposits were protected, and markets were stabilized. ben fernand key was at the head of the u. s. federal reserve. at the time. he had the opportunity to put what he had researched 20 years earlier into practice, along with economist douglas diamond and philip to pick the 3 economists what awarded the nobel prize in economic finances on monday. for the findings on the

role of banks and crisis. and how to make them less vulnerable. the research, the fed has helped avoid destructive financial crisis and preventing costly bailouts. and i think the main thing is that it has allowed us to understand whole financial crisis develop on what to do. welcome. the basis of bronowski research was among other things, the great depression of the 19 thirty's. it would probably have been a much my day down. dawn had financial institutions been protected from the run on savings. and if the fed had intervened more strongly. and a reminder of the top business stories way following for you here on t w, the moscow stock exchange plunged on monday. it followed the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine. but also a key economic link and for the you west fed chief ban benee key as well as

economists. douglas diamond and philip depict have been awarded the nobel prize in economics for their research on banks and financial crises. announcement was made on monday by the royal swedish academy of sciences. i've been fas woolen. i sent business with they i used to rough weather, but now things are getting really tough. for shrimp fishermen in northern germany, they faced price fixing by the dutch competition. then the pandemic now the rising

price of diesel red gold, germany trim fishermen in prices close on the next thought d w a pulse with the beginning of the story that moves us and takes us along for the ride. it's all about the perspective culture information. this is the number you knew and more w lease minds. oh, she

listen carefully. don't know how do you miss today? ah, feel the magic discover the world around you. subscribe to d w documentary on youtube. ah ah, the german shrimp industry is floundering low prices doing because of 19 pandemic and increased fuel costs are threatening the fishes livelihoods. they're dependent on the dutch wholesalers.