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tv   Business - News  Deutsche Welle  November 16, 2022 11:15am-11:31am CET

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it with the cube, sat very small satellites and they have the batteries that they need for, you know, for all operational purposes. and it was, there was a lot of supply though, a lot of unknowns in there. so for a number of reasons and specifically job that geopolitically, it's so hard to not think about what's going on in other parts of the world when you hear people talking about rockets flying overhead. and then thinking about the aunt, miss rock here is the same technology really is a huge significance geopolitically as well as technologically yet the science at the space travel with my that so yeah, huge and i will be relieved. a big thanks so much for watching data labels. ah, you sick? can't be destroyed. you can try, but it's impossible movies. ah, she performed for her life in auschwitz.
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he was the nazi safer condemned to musicians who lived beneath the banner of the swastika. from about the sounds of power and inspiring story about survival. thanks to music. fetch the challenge play out. well, i was the only one i'm super lucky. using under the swastika starts november 19th on t w with ah, research reflect react leaders of the g 20 countries vow to paste their interest rate. i x carefully to avoid spill overs. our correspondent, we'll have more on the economic results of a summit, dominated by political concerns,
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also coming up while the words powerful are convening at the g. 20 summit and bali people and indonesia are trying to bring pollution by the mining industry in the spotlights and wind turbines are important for the green energy transition, but nobody wants rotating giants in their backyard. we'll show you a less frightening alternative. i'm chris coldwell. welcome to the program as their summit and bali wrapped up earlier today, g 20 countries are buying to calibrate the pace of interest rate hikes in order to avoid spillers. leaders warned, there was the risk of quote, increased volatility and currency moves. that of course, as the world economy faces other crises, including the russian invasion of ukraine, answering inflation. a letter signed by members at the end of the 2 day meeting said that d 20 central banks are closely monitoring the impact of price pressures.
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right, let's get more from the other businesses as japan day at the g. 20 summit in bali. ashtosh leaders warned how the g 21 is g. 20 countries want to work together when it comes to fighting inflation, when even the interest rate hikes in the u. s and the european union seem to be out of sing because that's a tricky thing to do. or if you look at a managing debt distress, that's more important. that's what the country were told, countries we're talking about the leaders we're talking about. i see the fed is going to do what it has to and likewise for e c, b, it's going to do what it has to. and a mandate primary mandate is to bring down prices and the another to stop to the prices start coming down. and that in result, in the turn is going to boost the dollar up and that's going to be painful for those countries which or
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a lot of the debt in dollar terms of what can be done. so basically what the can be done is to manage this bill overs that could be managed by a debt to release some sort of debt negotiations restructuring. and that's where the g 20 comes in a dis summit. moto is the recover, stronger a recovery together other than mine to work together on inflation? what are the economic outcomes of this meeting regarding the world economy briefly, if you could it was, you mentioned a up front. it was a meeting that is dominated by a geo politics the war in ukraine, a 80 to 90 percent of the time that the leader spent. hale was actually spent dealing with the language of the war in ukraine. but they still managed to take out some time to talk about food and energy security. that was stop an agenda as far as the host, indonesia is concerned, the president jacoby really wanted are the leaders to discuss this? this has been a pin point for so many countries,
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and her fertilizer chart is was one another topic that was discussed. this was actually discussed in great detail. oh, and the that's what the indonesia was looking forward to. the w's asters, panic reporting from the g. 20 summit and bali ashatash. thank you. now indonesia, hosting the g. 20 summit has been an opportunity for people there to speak up about the problems they're facing, including and re mental damage. the country sits on the largest nickel deposits in the world, but pollution from the mining industry as dro, destroying the livelihoods of those nearby to reduce in a struggling to make ends meet today. he's just not caught enough for them, but i only caught 2 kilos. i can even pay for cigarettes with her. i get the i to group. it's an existential crisis for the fishing village of pseudo way. see, the average catch here used to be 10 kilograms a day. the locals blame the nearby nickel mine, syrup, jude,
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and says the fish of migrated elsewhere to avoid the hot water being dumped by the mine. yet there is no sign of nickel demand decreasing. it's a key material for batteries vital. the rapidly growing electric car industry, an important pillar in limiting c o 2 output globally. but it's a catch $22.00. the ecology of areas near mines like this are being harmed in the pursuit of a reduction in carbon emissions. refrain it is an environmental dilemma. it's about giving the melon of class and manifest, and which you know, which has the least cause with the higher melting. and it is this, anthony here, renewables will have a lift, but on higher benefits, the benefits are not clear to sera jude and yet he doesn't blame the leaders
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meeting and barley or anyone else. because i'll act, there will be days when i have money and days when i don't it, it will depend on god's blessing as i do. he's leaving his future to fate. no millionaire investor warren buffett is betting big on semiconductors and micro chips. the sir buffets berkshire hathaway confirmed it had taken a $4100000000.00 stake and t as m. c. the tie when his company is one of the largest chip makers in the world supplying an estimated 90 percent of the world's super advanced computer chips. for tech joins like apple and cook them for more let's bring in that d w. correspond and sarah lee anti pay. sarah warren buffett investment firm does not normally make big technology bets, but it often does prefer companies are perceived to have
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a competitive edge. what does this investment mean than 40 s m c? okay, so it's definitely great news for a t as and see and is shareholders. so after the news came out, the share price of tears, n c, a d r roles by over 10 prison. and he has n z o, so tell the local media that called it welcome, all investors who wish to buy in how is shares in the long term, unquote. and they also boost confidence in tiers and sees prospects. so some expert pointed out that is not very common for warren buffett to choose t, as in the over until just when the u. s. is trying to build up its own semiconductor industry. and 2nd on the warren buffett is a very legendary investor. he tends to, ah, invest in grade businesses that are currently trading on for a lower price than our,
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their true value. so are all those situations tend to prove that she is in see, look more trustworthy and profitable in the long term? a sarah semiconductors are probably the most crucial products in the years china true to dispute? why is the united states so keen to stop china going hold of michael trips from the irs and its allies like taiwan? i or probably too many reasons for this. the 1st one is because the military competition between the u. s. and china, as a lot of people know allied, have like on jet fighter as marseilles in also some battleships need these powerful micro chips in order to work. so the u. s. as probably are trying to prevent china from getting these cutting age micro trips to draven is military power. and secondly, is probably because of the economy. ah, and as you know,
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a lot of indo tree rely on semiconductors in these chips. so the u. s. is very likely to or are prevent on china to get these on a vans computer chips such as g as in says, products into our brain is technology to the next level. also, the meeting of years was in biden and dirt. china's leadership on the sidelines or the g 20 summit seems so signal and easing of tensions of bar taiwan as those been a boost to local investment settlement. ah, yes fur, to be honest, is not a very significant boost on after the 2 liters. matt, the overall stock market in taiwan, only rails by one percent. it's similar to what happened when she didn't pick, and biden had
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a phone call our during the pin dynamics. so i was say not a significant rise in general, but it did reduced her geopolitical tensions are as fide. and after meeting said that he did not think china had imminent plans to invade taiwan. so a kind of fly said investors at ease because in the past few months are china performed a lot of our military drills around taiwan afternoons. polo road visit and continue to claim that town is part of is on territory. so and now our investors are not so worried about the situation and they are kind of re assured that taiwan is a relatively safe place to invest in the w sir leon. typo sir. thank you. are either stock wind turbines. here they help speed up the green energy transition . yes, but to their appearance and perceived risk nearby residents can often be hesitant
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to their construction. a new kind of turbine is offering a wiggly solution flickering shadows in for a sound, a death trap for birds. critics are finding lots of reasons to oppose ever larger wind farms. here's an alternative, a blade less poll shaped turbine. wind generates electricity through vibrations alone, almost silently, the inspiration, the collapse of the tacoma bridge, and the u. s. in 1940 a structure undone by wind. using a whole made wind tunnel, david genius developed us 1st weakling wind turbines. familiar, i don't look at their generator sits in the center. this is the part that converts motion into electricity. that's it. a slim structure round, very simple, no gears, no bearings, no mechanics. it just converts motion energy into electricity. when marlena here be
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implemented here, i think they're in limbo and yet it sounds simple, but it wasn't. what ex, early years were rocky and energy output was low or no, no back then there was nothing on the internet for wind turbines without plates. there were no examples for us to learn from other than basic physics or from i'm in connecticut. but was government in european funding. the team went further developing a large, a wind tunnel and power plant, about 2 and a half meters high. it creates $100.00 watts of power for the us will be for come on, come on. the turbine can now provide energy for a home. a single family home, for instance, could have 3 or 4 solar panels on the roof. additionally, there could be one or 2 platelet turbines to provide the basic energy needs at night consume. russellville, i've even gone up all your early gone. the decisive advantage of the weakling wind turbines. they can be put in populated areas even cities. once the large prototypes
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are finished, mass production of these mid sized turbines is getting closer. perhaps there will be available for purchase early next year. and here's a look at our top story at this hour. g g 20 summit in bali, wrapped up with leaders buying to quote, calibrate the pace of interest rate heights. in order to avoid spill overs. they also warned of increased volatility and currency moves while condemning brushes war in ukraine. that social, thanks for watching have a successful day with destination your. china's felton wrote cogent leaders of the gigantic venture promise new partners, a loss of growth. we visit 3 cities which are already part of the
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silk road initiative and where the feeling of dependence is growing up. next on d w. we've got some hot tips for your bucket list. ah, magic corner chat. hot spot for food, chair and some great cultural memorials to boot d w, travel off we go. ah ah, every day masses of cargo containers arrive in europe. a growing number come from china is.

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