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tv   Business - News  Deutsche Welle  November 30, 2022 4:15am-4:31am CET

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also a dessert victory. there are, but all of this with outside of your money without their star player. but this comes like she think jody would she see the coach with the coach since 2015 was really brought the team together, who has led them to an africa victory this year. so why shouldn't that are going to? well, i think we can see them as a door force in this tournament, and we'll see hopefully like a dark horse in the rain, philip hepner, of dw sports. thank you so much. and it's all for me, for now, coming up next, rob watts with d, w. business and more news from katara this time, not football related. so j statute. i'm really thank you so much for watching the world over d. w on facebook and twitter up to date and in touch. follow us. oh, hello guys. this is the 77 percent. the platform for africa,
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you to be speech issues and share ideas. ah, you know, or this channel, we are not afraid to happen. delicate pop up because population is growing. and young people clearly have the solution. the future belongs with 77 percent. every weekend on dw ah, germany and kata sign a major energy deal, the golf nation has agreed to supply yours biggest economy with liquefied natural gas through to the 2014. but is it the right move? lynn?
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county us railroad strike the stopped president biden is urging congress to step in for the sake of the american economy. i'm more controversy on the rails in mexico where local say, a new tourist train that done untold damage to the environment is the state of your business on robots in berlin. welcome to the program. germany takes another step away from russian energy. berlin has signed a major liquefied natural gas supply deal with the government of cutter. 2000000 tons of l. a. g will be delivered annually from 2026 with the deal set to last. at least 15 years. germany has been scrambling for a new sources of gas to replace russian supplies, which made up the vast majority of imports before the invasion of ukraine. on this, i've been speaking to heading glo, stein, director for energy, climate, and resources at the consultancy eurasia group. i asked him how far the deal
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actually goes to was replacing germany. it's russian, oil supplies. it doesn't actually go very far, but it's still important because i'm so what germany is doing at the moment is the lining up literally all the little ducks to replace that huge russian volume that used to come to germany. so 2000000 and tons from 2026 from capital will help as have the several other deals. germany utilities have signed with support of the gym government for importing more energy from the united states or pipeline gas from russia of sorts, or not russia from norway and many other sources. so it's, it's significant and it took a long while because both sides are very different ideas of how they would see an ideal agreement. and it is quite a compromise and it took many months to greet us. yeah, there were some differences in the negotiation when i say that the world cup has especially light on other differences, particularly ideological differences between germany and kata. and i was just getting out of this relationship with russia partially because it disagrees
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significantly on one major issue. but i now why's, is it to be signing deals with other nations with him? you do have such differences that isn't unfortunately a problem. you have a cross virtually all a fossil fuel supply chains and actually not just fossil fuels, but in oil, gas and cold. this is a problem in general, mean by germany in europe and puts a lot of oil from countries some that don't have the same track record on human rights. democracy as, as europe would like them to have yet it doesn't stop them. a cutter is a very small country, it is a very reliable energy supply. let's keep that in mind. and the problem for germany is that they really can't. they don't have any choices there. it's a lot of gas from the need to replace, and they need this gas from pretty much any when they can get this. the thing is on it and a cutter is one of them. cutter is one of the biggest objects was in the world, and they're expanding their production as one of the few supplies in the will to do
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this. and they have been designated a non nato ally by the united states, which certainly helped make this deal. this is what a 15 year deal starting 2026 i take says pretty close to the 2045 deadline by which germany is hoping to be carbon neutral. so how does that square with that go? yeah, i mean, so this is where both sides had very precise ideas heading into the negotiations and it didn't quite fit because the categories would have much prefer signing a deal of at least 20 years. and the germans would have like more than $2000000.00 tons per year. and the reality was need that you have to find a compromise. capital wants to sell more energy. they need the investment into their production expansion, the northfield gas field. and the jims need the gas so in the end, the categories and swallowed the pill of signing a deal that isn't quite as long as they wanted it to be. 15 years the germans
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signed a deal over slightly less volume that they would have liked to. and that keeps them just under the 2045 net 0 emission steel. if you want to see a deal where both sides kind of have the same ideas, what you just a week or so ago, you saw china and cutter agree a 27 year deal over 4000000 tons. and you know, that's, that's the stuff that i wanted to sign, but europe, the europeans and especially that the germans as well. they just can't sign a deal that takes them way past 2045 for fossil fuel that doesn't work. and so this is the compromise, they got a little bit less gas for germany and a little bit less duration for gotta that's how compromises work in business day that is well having voice time from your a to group. thank you very much for joining us on top of it. thank you to the u. s . now where president joe biden has urged congress to block a strike by rail workers planned for next month. biden told congressional leaders, it had the potential to devastate the u. s. economy and for some industries to shut
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down a strike follows months of negotiations that reached an impasse. congress has the power to impose contract terms on the workers or force the talks to run into next year. let's discuss this further with our financial correspondent in new york. yen caught a yann's here in europe. we've seen all kinds of industrial action as wages failed to keep up with soaring inflation. are there similar factors behind what we're seeing in the united states as well? now what i would say a one civil effect. 3rd is sir, pay a missile. that seems to be an agreement that we just serve. are going to increase by good 24 percent. that does sound like a lot, but do actually those are real workers. i haven't seen any substantial increase in quite some time. and what difference i would say is that here in the united states, the working conditions are much rougher. the railroads have cuts tens of thousands
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of jobs in the past 5 to 6 years. meaning that the schedule for the remaining workers is pretty rough and then the workers were also looking for a paid a sick leave. that does not seem to be any way to to get an agreement at this point . so it's also working conditions that are at the table or when it comes to those negotiations. here in the u. s. i sit nice and busy on the trading floor there he ends 5 and says that this industrial action is gonna be a disaster for the u. s economy is, is he right? what sort of effect is it actually gonna have? yeah, clearly, i mean, if we would see a strike that would have substantial consequences. economists, they're estimating that the us economy could get it by roughly $2000000000.00 per day. a 30 to 40 percent of cargo traveled through the rail system here in the
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united states. and then on top of it, you would have the computers being affected. some economist, a thing, if a strike would go on for a couple of weeks, the 700000 jump directly could be in jeopardy. but at the moment, at least, that looks like congress might intervene and when it comes to railroad. so congress actually has the power to pretty much force workers to return to work, even if they have not really gotten an agreement with the rail road company. which by the way, saw an uptick here in the tuesday session. because waltz food, at least, is placing bets that a strike can be averted. the deadline is on december 9th. okay, i thought new york for the thank you now, some of the other global business stories making the news. inflation in germany slowed in november after months of increases, official statistics showed the annual rate felt
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a 10 percent this month from its peak last month at 10.4 percent. and each jet has posted an annual loss for the 3rd year in a row. shares in the british low cost carrier dropped more than 4 percent following the news. despite that executive se they are hopeful customers seeking good deals will help the airline to bounce back. now it was meant to boast mexico's economy by delivering more tourists to its most famous size. but constructing the mayan train project involved bulldozing a path. 3 miles of tropical forest. now affected communities want tourists, and now their journeys came at a cost. they cut a 90 meter wide lane. here for the trend maya, a sensitive ecosystem is in danger, says biologists were better off with local residents. he leads us to the construction site near ply delgado men, a famous to respond to look at the government. didn't wait for environmental
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reports or final approval before slash and with tropical forest. an estimated 9000000 trees were cut down destroying habits. le fragment, as soon as i receive your that if you cut through ecosystems, that's the beginning of the end. but it's an equal side that shouldn't have happened. can no, they were said either because if us, at that point, mexico's president dismissals these concerns, promotion videos promised jobs and wealth. the train is designed to take tourists from the beaches to mind cities and villages on 1500 kilometers of track. critics say the government is doing a lot of things wrong, not least because the greatest treasure here life underground in granados, known as the notice. they store fresh water and are vital for animals and the forest quite year construction. the train track is supposed to run over here to crazy effect. i relock referral environmentalist or stand that european firms, including a subsidiary of german rel operator deutsch reuben,
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are working on this project. stop the machines. the dispute ends up in court, but after a brief hold to construction, the excavators return. the government authority rejects all the accusations and shows as permits. yes, trees were cut down, but many more have been planted alcala is, you know, absolute, i mean, to look at the works are entirely legal. it is an environmentally friendly project, a project that will bring about social development. if at all your social that something there isn't much of in the yucatan peninsula. hardly any jobs, hardly any prospects. the train could bring about mobility and work. it's something deutsche a ban is keen to point out, but it also says it is not responsible for environmental protection and only plays an advisory role for which it gets paid $8600000.00 euros roll would
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like to show the germans the damage that tourism developments have caused in the past some coastal towns grew so rapidly that garbage from sewage poisoned the forest good, but it is ordinary people will not benefit that they will remain at the level they are now or even become warsaw while a belt for. now environmentalists have lost this battle, but raw hopes to prevent deforestation on other parts of the line. he is not against trains and progress, but against the project that so clearly damages the natural environment. so from main of is the same handbell, and you can get more from our website. deed of our com slash business to next time . ah, his father's in tunisia get back to the root. she is in the here in santa ana, thought. com a little with the ha, ha, ha, ha, nick, you box these traditional seeds a more capable of meeting the challenges of tomorrow's climate. mm hm. i am sure
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who are showing when i see that woman should you need from tom? yeah, i mean he co, africa d, w o, she may, is fighting to survival for justice and for some happy to herself and hundreds of thousands of aids patients in china, victims of medical scandal that began in the ninety's put, what can you single person do she made kind of a scandal in 45 minutes on d. w. o.
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shell filled with explosives and a symbol of power. rebellion and sensuality wound by royalty and kanza. mike got a magic wand and grounds for divorce guy with a calendar full cultural history, secret weapon lipstick, das december 3rd on d w. ah ah, with how wonderful that you have joined us today for echo africa. welcome. i am chris.

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