also coming up while the world's power for convening at the g 20 summit and bali people and indonesia are trying to bring pollution by the mining industry. and 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 cobra. 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 warranty. 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 and 30 inflation, a letter signed by members at the end of the 2 day meeting said that the 20 central banks are closely monitoring the impact of price pressures.

right, let's get more from the other businesses as japan day at the g. 20 summit in bali aster touch 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 sync 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 were talking about, the leaders were talking about a 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 then other 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 are 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 top 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 and know fertilizer chart is was one another

topic that was discussed that 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 dra destroying the livelihoods of those nearby to reduce in a struggling to make ends meet today. he's just not caught enough to adam, but i only caught 2 kilos. i can't even pay for cigarettes with that. 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,

and says the fish of migrated elsewhere to avoid the hot water being dumped by the mine. yet there's 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, it has a least cause with the higher men. and if they anthony here, renewables will have a lift, but and higher than the benefits are not clear to sera jude. and yet he doesn't

blame the leaders meeting and barley or any one else because i'll act, there will be days when i have money and days when i don't. 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. mr. buffett's berkshire hathaway confirmed it had taken a $4100000000.00 stake in 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 clock of for more. let's bring in that d w. correspond and sarah lee and ty pay, sarah warren buffett investment firm does not normally make big technology beds, but it often does prefer companies are perceived to have 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 tiers n c a d r roles by over 10 percent and he has n z o. so told a 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 tears and these prospects. so some expert pointed out that is not very common for warren buffett to choose t as in z, 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, on invest in grade businesses that are currently trailing on for a lower price than our,

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 earth 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, and jet fighters, 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 strengthen is military power. and secondly, is probably because of the economy. ah, and as you know,

a lot of inter 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 meaning of yours was in biden and dirt. china's leader she 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 a phone call are during the can damage. 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 on 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

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 hears 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 his 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 berries, no mechanics. it just converts motion energy into electricity for marlon inherently

insulin. having a theory in a hand, it sounds simple, but it wasn't what x, early years were rocky and energy output was low or no, no back then there was nothing on the internet for wind turbines without blades, there were no examples for us to learn from other than basic physics or from them in connecticut. but with government and 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 yesterday for come on, come 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, if 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 lodge prototypes

are finished, mass production of these mid sized turbines is getting closer. perhaps they 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 wild condemning, brushes, war in ukraine. that social thanks for watching have a successful day ah, [000:00:00;00]

with green washing nickel to enhancing the sustainable. if you're thinking big companies are making big promises to save the environment and getting them in any way they claim to be fighting plastic waste. but what's really happening don't big promises all too often turn out to be big lies a factor made in germany in 30 minutes on d w. oh,

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