tv Business - News Deutsche Welle November 10, 2022 11:15am-11:31am CET
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again, you can always get dw news on the go, just download our app from google play or from the apple app store and give you access to all the latest news from around the world, as well as cushioning, vacations for any breaking needs. that's all from me for now. coming up next business news with chris code that i'm on your hips in the can and i'll be back to the top of the next hour. but more international headlines thought youth ah she uses can't be destroyed. what you can try, but it's impossible to movies. ah, she performed for her life and oh,
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schmidt's was the nazis mm. to musicians who lived beneath the banner of the swastika, assume about the sounds of power. inspiring story about survival. music under the swastika starts november 19th on d, w ah, a sunny place to make lots of renewable energy. the indian government tells the country as the perfect location to produce great hydrogen boy here from our correspondent what's behind the idea and why india is also still relying heavily on the burning of coal. also coming up countries in latin, the have some of the biggest reserves and highly sought after all materials can
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europe deepen, its ties with the region will have export analysis and we will take you among candy lovers in japan. who are morning, the latest casualty with high inflation? i'm chris kolber. welcome to the program. india is banking on green hydrogen derived from renewable energy sources. it could become the country's main source of energy in the future. a government official said today after all, india has plenty of sunshine, which would make it viable for the country to produce green hydrogen. so far though, india remains one of the world's top greenhouse gas emitters with the government just recently giving power plants more time to reduce pollutants in their emissions . air quality often is already poor. not only through the burning of coal fields on fire, thick smoke rising. this time of the year when farmers in punjab turn off the old
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stubble to get the fields ready for the new said. the effects are devastating. the give the subset bellows. glad you're targeted. well, the 1st victim of the polluted in the lobby, the farmer himself to go reapply much later on thursday, i got him as a farmer, but he has, he's standing in the military, hopefully hell on google's garrett cubby, body water. the farmers don't actually want to burn up their stable, that it's the cheapest way to prepare the fields and also the dirtiest. there would be alternatives, but they're expensive. palmers could switch from burning to machines, but the government would have to subsidize such a mood. take a look in yeah, give it a 2nd. it is government isn't actually consensus. labels have done a quarterly or regulated at, excuse me, would propagate, change the situation at the moment. i'm not want to do that. he got your helpless look at him. have you know the way, but by google is all people i'm expensive to get medical available and any other
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white glove i get it goes on by like a symbolic is not. those were bought that expenditure body up and sorry, the smudge keeps rising. eventually it will reach deli forcing, even the presidential palace behind a thick blanket. prime minister, moody, by the way, did not participate at the climate conference in egypt. but spring in dw correspondent char carter k for more charo. why did the indian prime minister not show up at college 27? well, chris, that's actually anybody's guess. because the premise i did not make any statement about it as to why he will not be attending cub. it's a little mysterious given the fact that in spite of further label that india has attracted of being was her biggest emitter carbon emitter. india has not been really afraid of putting up at stanford climates. i'm, it's and, and so is the sort of combating the historically polluting nations in, in,
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in looking at their own track record and demanding their contributions to the climate family in india or the prime minister abuse. also, as this could be a my guess that he is busy with elections in his home state in good art, which are just around the corner. and the address is elect, orally. it has been very important for the prime minister and or the ruling party. so that could be one of the reasons. however, india was represented at the summit by the environment minister when the other was there on the 6th and the 8th. and he made some critical observations there to chris . the cerio mentioned darren, india is heavily dependent on coal that wants to increase production by 50 percent in the coming years. meaning emissions are likely to increase as well. why is india doing that? was chris simply because india has a massive challenge of providing energy to billions of people and the call is still
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the cheapest resource available to be able to do that or to be able to switch to cleaner fuels. likewise, billions of dollars of funding in there has been demanding that developed countries should or should make it a part of their agenda to contribute to this fun. so that india and other developing nations get this kind of money because these nations in doing india do not have the resources on their own to switch to, to make this switch. so this is the key reason. however, apart from that in it's a new nbc that india has announcing, as announced very ambitious targets of reducing it or dependence on non are driven . it had been an incident of a dependence on fossil fuels by half my 2013. now these are very ambitious target, but yes, a global funding which has been in does demand for a long time. if that doesn't come through, then it will be hard to meet these goals. chris, and at the same time a government official today said that india is in talks to export green hydrogen
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made in the country. what more can you tell us about that? when you are chrissa, then have in class to promote dirt, green hydrogen in your has set itself a target of producing $5000000.00 tons of green hydrogen per year by 2030. but these are still early days and there's not much if there's not enough demand. also to be able to produce an exported kind of hydrogen. ok, so this is, these are very, a preliminary or this is that a very preliminary stage. chris d, w is charge card here in delhi charo. thank you. latin american and german business representatives are meeting in the northern port city of hamburg today to discuss ways they can deepen. business ties now exploiting latin america's rich reserves of raw materials does offer major potential. chile, for example, possesses 44 percent of the world's entire lithium reserves,
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but only accounts for 2 percent of global output. peru has 30 percent of the global reserves of selenium using glass making. it's then yet it only makes of 2 percent of global outfit. and 11 percent of the world's shale gas reserves are in our gina. but it has 0 production. currently, china is latin. america's most important trade partner followed by the united states and europe for which is in position number 3. can it expand its position? that is the question. let's bring in simon gerad iglesias for war. he's a researcher on latin america at the german economic institute. welcome to the program, simon. what has been hindering countries in latin america to make more use of the raw materials, which they have when the relations between europe,
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america not been married. recently, especially when we talk about trade partnerships or agreement between you and next to it has been for 30 years, laughing or relations will be close and then your future. this has much to do with a rush war ukraine. this was a turning point, awaiting not moment for germany, and i realized that europe and germany the pen extensively on russia for energy supply and for russia and sign on for a reasons and the same time, the countries in south america, those of the amount of resources which county key technology in the transition was coming in history. so the question is, do these latin american countries have interest in selling more of their
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commodities to europe? when the european union is looking to diversify their energy supply? yes, absolutely. so that's a great it, it went from the explorer on here is and i think this time and environmental constrains all, but if it comes to rain, when we talk about rocky with a, with strategy wall corporation, with euro to says products, but also to su, strategy of state in the countries as i'm speaking of political issues up, people in these countries have elected leaders predominantly left from the center recently with president lula and brazil being the most recent example. now the center left governments tend to have
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a more protect finance. agenda is that going to be a problem where it is true that they are a, a more reliable trade partner. so i think the government, they have a point if they care about the industry base and they care about a trade agreement with not really head to them. but i think that's an american needs and growth and needs a export market needs to do that. and then for attention there, there is a way to hold for more. and this is also what we see now with presentation call it that he is really looking for you're looking for
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and the countries, simon, gerard iglesia, the german economic institute. thank you for your insights. a few raising prices for energy and raw materials are taking a toll on people around the globe. the latest casualty of high inflation and japan throws millions in the morning, especially those with a sweet tooth. there is sweet as they are, iconic japan sarcoma drops. come in many flavors, and in all colors of the rainbow, the sold and tin cans that have long been a staple in supermarkets and, and collect a shelves. but they are about to become a lot more rare. as can the makers sack, who must sika is going out of business. customers young and old are shocked. it took a muscular, i was sad that sack, who must drops are going out of business. it sat for the children, when i was a child, i used to eat them with us. you know,
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i used to eat them with my family. they thinking that kids today can't make these memories anymore. and that makes me feel sad that mother can go up and i didn't look at them what the summer she can with your family are going to give us some article. i like to have bumpy sick. who must drop said, looks like a strawberry. and the clear ones were the mindy tis those were really good. i meeker. oh really? oh, not any. even the most senior consumers have known the brand for their entire life cycle. my psych i was founded in 19 o 8 and produced candy through the air rates of world war 2. but even though they may be sweet searching raw material, an energy prices paired with a drop in sales left a sour taste of the company. especially since many japanese firms remain hesitant to raise prices out of fear of losing customers. the iconic ferrari f 2003 just like its driver, 7 time formula, one champion, michael schumacher. this race car is
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a record breaker. schumacher notched up 5 res victories in this car and one the 6th of his 7 formula. one titles behind the wheel in japan in 2003, and it was sold for a record prize of just over 13000000 euros or they sotheby's auction in switzerland rivers record was held by another. ex schumacher car the ferrari f 2001, which went for 7000000 euros in 2007. that social thanks for watching have a success with ego india, a woman embodying teen safe driver melita bind. her electric taxi is making a drastic cut to carbon emissions and see is breaking down gender
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stereotypes while helping other women at the same time. he to india. next on d w. now we've got some hot tips for your bucket list. ah, romantic corner chat. hot spot for food and some great cultural memorials to brood w, travel off we go with in modern life, we're always on the move, whether they're getting around or shipping good across the to a mode of transportation of convenient.
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