it is semen, elena maydon, 3 women writers campaigning for a fairer spain. and for women to be able to decide for themselves what kind of life they want to lead. you watching d w news coming to you live from berlin. up next we've got some business for you with chris cobar. i'm terry martin for me and all of us here at d. w. thanks. watch. with again they get all the harvesters are immigrants, dolock is that everything you enjoy, eating at home with your family, was harvested by people who are being exploited. then i d 's for free and we're going to need to. uh huh. can we can keep doing what we're doing, and that's why your green revolution is absolutely necessary. euro

revealed the future is being determined. now, our documentary theory will show you how people, companies and countries are rethinking everything. and making may take changes because europe revealed starts november 3rd on d, w. ah, an irritating hold up in times of urgent need. dozens of ships carrying liquefied natural gas are sitting idle outside european ports. we'll get expert analysis on what the problem is and how it can be solved. also coming up, hong kong leader says he wants the troll the world for international talent to help revamp the financial hobbs economy. we'll talk to our correspondent about how the

cities dealership wants to go about it, and we'll go to the u. k. where chimney sweeps on high demand is written on reactivating, their fireplaces and mit horrendous. energy critical welcome to the program liquefied natural gas is to provide europe's energy security in the coming winter amid the war and ukraine. russia isn't delivering the gas it used to. and trying to make itself independent from putin fossil fuel deliveries. you countries have been buying a lot of l n g from the middle east or the united states a times are bidding countries that are also heavily banking on liquefied natural gas like india, pakistan or myanmar. but now there are more than $35.00, l and g. latin vessels drifting off the coast of spain and around the mediterranean . spain has 6 terminals in total and has around half the re gas if occasion capacities of the entire european union. now spain's national gas grid operator

already said that it may have to reject on loads of energy due to over capacity at its terminals. well formed us let's bringing james wattle. he's a senior gas analyst at the consultants, the group energy aspects. welcome to the w. james, so as there seem to be, you know, over capacity at these terminals, and spain has europe bitten of more than it can chew when going around the world and buying all this natural gas. what we're trying to do in europe is to make a pipeline grid that was designed to function from the east to the west function in of us to be historically we always used to get lots of rush and gas coming in from the east and filtering through germany in western europe, and that was the source of my gas supply. since you've had the short for the machine gas, we been basically pushing the gas had high enough that those are the highest value

markets in the world. and that is being attract not spending chicago to come in and off load. but the pipeline congestion within europe going from west to east is just to the extent that we have to basically put energy on the, on the, on the storage outside of these terminals. waiting for a moment when they can actually unload into the pipeline grid and send the east. and we have constraints on both the spanish board and north found in france. we have constraints on the french go to germany, which limit that ability to absorb that energy of the same time. also, we've been very successful filling our storage. and as you fill out your appeal storage, what happens is you've got less injection capacity as you approach full. and so that means that there isn't that space to put a lot of the gas and it's not right. we get into the proper heat season in november, december, january. that will start to absorb more gas and actually bring it into the grid.

james, how likely is it that these vessels will go and take this ellen gee, to other countries around the world? the demand is there right now the price is signaling a huge container, meaning very low from prices and then much higher prices for the one for wins delivery in europe. so a lot of it is going to stay, you know, as pricing storage where you know, you're going to wait for a month. the cost of waiting for months is about $5.00, and then b t u and the spread between the prompt contracts and those that have been the berman assembly is about 20. so there's still an economic rationale just to keep those ellen g, a supplies on tank is outside of europe. but yes, we are some to see new buying interest from some of the countries you mentioned at the start there in india and potentially some of the other markets in asia coming back into the market for spot cockers because it is

a non competitive for getting that congress way. so a james in brief for producers, are val and g. it actually pays to have these vessels sitting outside outside the port a waiting fire prices. we've had a huge explosion in the cost of a he chattering of vessels. so those, those costs are she holding ellen g on vessels for 30 days or 60 days are very high historically. but the spreads between prices right now in prices for delivery in one or 2 months. us so big right now that i, that she does make no sense just to keep the energy sitting outside of your james, what all of the consultants, the group energy aspects. james, thank you for your thoughts. hawken's leader made his 1st policy address on wednesday after taking office earlier the summer. one of the biggest challenges that he is executive john lee currently faces is how to bolster the

cities competitiveness, turbulent pro democracy protests. a subsequent track down from the chinese national government and strict coven 19 protocols have resulted in hong kong losing its status as a financial hub to rivals like singapore. now, among mister lee's priorities for the city, attract new towns. i deal on downtown for me over the past 2 years. our local work yours, frank, by about 140000 who you're sub sam, hard from actively nurturing and retaining local talents. the government will pro actively control the world for talents of law, oil for more or less crossover to taipei and dw correspondent pound wang power in hong kong. chief executive wants to bolster the cities competitiveness. how does he want it attract the overseas talent? he feels as necessary for that yes. so chief executive to john lee said the government will launch the office for

a charting strategic enterprises called were firms to hong kong, with the land and tax incentives. and li also said they will launch a top tell him pass game to entice talent to pursue their career in hong kong. and the plan will offer applicants a 2 year visa without getting any job offer. and the visa will be granted before they arriving in the city. and the program is an atom hi earns and as well as recent graduates from the worst top 100 universities, the hopes this will save their shrinking workforce in hong kong. while so much for the plans, but how much of a problem could it be then that mr. lee also said that more security laws are currently being explored when it's these policies and beijing screwing control over political freedoms that have been driving many people out of hong kong. yes, a hong kong now has lost thousands of residents. since the pandemic started worth

in a brain drain from the international financial hub and now and ongoing political crackdown and diminished freedoms following the implementation of strict national security law course, the mass exodus of residence. we have seen that in record high, you know, school vaccines and also our pension bounce with the draws. so this is really a, a problem for, for them, and believe also reject the use of turns or immigration waves to describe hong guns are declining population. he said, residence leave for a variety of factors, including education and you know, family reasons, dw correspondent, pound weighing anti pay pound. thank you. now to some of the other global business stories, making news. the co c. e. o of south korea's biggest mobile messenger account. talk has publicly apologized after a fire fire at a data center last we can lead to

a mass outage, disrupting cellphone services for 53000000 users. now, one said he will resign. indonesia has announced plans to build a new capital city to be named new. some tara, on the island of borneo, the government says it will offer a 30 year tax break for companies investing in the $32000000000.00 project. construction of a dam and roads have already begun at the site. the australian government has announced plans to expand is renewable energy sector. the country will build renewable energy zones, wind and solar proc projects and under tricity interconnect, or is to bring more clean energy to the national grid that prime minister antony albany. these center left government one power earlier this year, promising climate reforms in britain, the biggest jump in food prices since 1980 pushed inflation back into double digits

last month, matching a 40 year high hit in july. if the latest low for households grappling with a cost of living crisis and the new finance minister, jeremy hands warning of future, i watering cuts as he put it, isn't likely to calm britons who in response to spiking prices, have been turning to traditional ways to keep their homes warm. ah, jack parrot balances on the roofs of hampton bridge. he's never been as busy as he is right now. his task is to prepare the old chimneys for everyone who plans to start using them again. the lid here is to keep birds from nesting inside the chimney. ah, nearly every customer is saying i'm going to use the pharmacy i and it's cost. in this case, stoves and fireplaces will be helping warm homes. again,

since the beginning of the month, energy prices in the u. k. has been kept. still heating with gas is 3 times as expensive as it was last year. i saw her last good to see you always. this is why sarah k had her oven refurbished by jack recently. she's already been relying on it. so today jack came to clean it for me each from 2 hours a day and cut the wood that you know for the day and the heat rises and kept the house with them. so cut my fieldstone. for sarah, the effect is noticeable. her heating costs have stayed almost the same. that's a success in itself. she now pays mainly for electricity and hot water would, however, can sometimes be free. free would. because if you count cold in that, then you'd have to talk. but how would she chump? you know, if you pay for coal, though, she'll just looking and getting good from nature from the woods from the ground.

he's free burning. all that would is not good for the environment, but the need to save money seems more prominent than climate awareness for some people right now. the desperation in the u. k is growing, even with the price cap. the bills are hefty demonstrations, like this recent one in london have been seen in every major city. even though britons don't typically tend to protest. yeah, i'm reluctant to put my hating on on, on a very high wage. i'm and a lot of people, my family friends, they're very worries that they won't be able to pay their bills. we've been badly paying uh bill is as it is. and now that we have to consider putting on all heating . and i've done that actively. i've changed, i've stopped choosing the boiler where i can for now sarah will continue to collect wood with her son. after it's been sufficiently dried,

it will be one less thing. she and her family have to worry about this winter. ah, that's a show for now for more news and background information. check on a website at the d. w dot com slash business offers cobra berlin for me and the entirety. thanks for watching of a successful the the galapagos islands a national paradise that seems almost on tough shit. but pollution and over fishing, how threatening the fragile ecosystem scientists are investigating the causes and joining forces with local people to battle species extinction close. i'm

next on d, w. as you go to this is the thoughts they will gray, he will be gone ah, the eastern pacific ocean is home to an incredible diversity of wild life. unspoiled nature, and one of the richest marine ecosystems in the world. many of these species have yet to be researched in depth, but from the rain biologists the priority these days is conservation to

nuclear down.