tv Business - News Deutsche Welle December 9, 2022 10:15pm-10:31pm CET
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danielle garcia, lona in katara, thank you and that's our time. but before we go, i want to give you an update on the other quarter finals match inc. entire today, pitting argentina against the netherlands score is currently to to so another nail biter there. almost as much as side one coming up after the break. watts has the business next friday. i'm to call really for me and the entire team here in berlin . thank you so much for joining with . ah, every journey is full of surprises. we've gone all out to give you some tips with. i'm in your northern most count to
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please ah, 3 times long. but still very much alive. d w, travel, you'll go to the central hospital in germany. it recognizes where exactly. it was fun and i've learned a lot our culture history, all their d. w. travel extremely worth a visit. ah, the u. s. steps up it's sanctions regime washington is embedded a whole sway the new measures against an array of adversaries. we'll get to the bottom of y at inside columbia's coal mines. hey, how germany is looking to work more closely with south america's biggest exporter,
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the fossil fuel state of your business, on what was in berlin. welcome to the program. the u. s. has announced a range of new measures targeting people and businesses linked to china. iran and russia, among others. those sanctioned, include a group of chinese companies, accused of illegal fishing and human rights abuses in chinese waters. several russian officials are also being blocked from the us financial system over their involvement in sham referendums and occupied crane. washington's announcement came on the same day as the e froze 19000000000. yours worth of assets over russia's invasion of ukraine. more on the us sanctions, less cost to the states and to our financial correspondent, jens quarter. yes. what is the message here coming from the us treasury, particularly with the sanctions over the chinese companies and their practices
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there are that's what i just want to mention. let's start with china 1st. the official wording is that the u. s. is just fighting corruption and to serious human rights abuses. but clearly, i mean, this is the big rivalry between the 2 biggest economies on the planet. i mean, to be seen with former us president donald trump, using mostly a terrorist to fight china. the biden administration is also in a pretty aggressive mode of what they might try to do, especially when it comes to the illegal fishing and to get a sympathy from companies that are not from companies on countries that are negatively affected in the pacific region. so it could be a move for the united states to get some an allies in the pacific. again, there also the sanctions against yet more russian individuals was the view over there as to whether or not the, the,
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the existing sanctions against many russian entities have been working well, i mean, not just the russian individuals, but in general, i mean, since the war started doing i did state them have started to bring in more than 1500 and thanks and again company. it's also against them individuals and part that has definitely put a lot of pressure on the russian economy. i mean, the car industry, more or less came to a standstill, the russian banks are pretty much cut off from a global financial market. so that definitely had a huge impact on the economy. and as it's, are that the russia will be a pretty steep recession. but having all of that said, yes, the economic effects being felt, but the behavior of the russian government has not so talking about the war, unfortunately, the thinks and had
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a limited effect. okay. in the quarter in new york or thank you very much, the update. now let's take a look at some of the other global business stories that are making the news. microsoft plans to purchase video game company activision blizzard for $69000000000.00 may be on indefinite hold. as the u. s. federal trade commission sues to block the move u. s. and european regulators have voiced fears over competition, including games being exclusive to the export. turkish online grocery app get here acquired its german rival, gorillas for $1200000000.00 on friday operating in europe and the u. s. gets here was worth nearly $12000000000.00 at the start of the year before it cut 14 percent of its global workforce. i could columbia provide an answer to germany's energy problems. representatives of the german energy industry seem to think that
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it might there visiting columbia to discuss how they can collaborate with south america's biggest exporter, a co. but the foot of columbia said a con mountain is the country's largest coal mine, which bears the same name. and while it may represent an energy treasure to some, for many indigenous people and afro colombians in the village tobacco, the mind is an evil giant one. they have been fighting against for decades and also a little similar lice practically ended with the displacement of tobacco. because we stopped being a community and became a nomadic community that said, michael, me label, some we only exist on paper is what i meant to say the morning about bill the tobacco community had to abandon their municipality to make room for the mine. then the constitutional court ordered the 2nd mine to rebuild the town and remedied the damage. i saw no set up where they were out of the remainder. i can't he raised it
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from my mind as if something very i'll go very painful. because they meant to destroy your humble it, saying it was practically a non force displacement, louisiana, because we are selling were the ones who destroyed our homes are becoming in love. what of also broken off of the mobile it and looking at a 3 a monitor, william recent studies showed that every $100.00 earned from the coal, between $160.00 and $370.00, an environmental damage is generated. mind workers are also affected. their union has reported that several of them died from respiratory diseases. oh, nothing and i am the most relevant disease among workers are linked to respiratory diseases. there is a problem of chronic obstructive pulmonary disease, evident in many workers. the silicosis issue, the cynical intricacies,
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issues in the communities of war hero received $0.20 for every $100.00 earned by coal mining. for many the business doesn't compensate for the environmental social and medical damages. no. why is it a federal yellow? they would opt, but they will of europe in countries such as germany, switzerland and other countries are investing in companies like sarah haunt with, i think, embarrass yawning, it at the full, it may need to be aware that by doing so, they are also supporting global warming bonita, them being done, and thank you, and they're supporting a company that violates human rights in columbia. thank wound up, were yell in plaza, give your landlord, the rachel, my knowing will on get the company responded to a request for comment from d. w with a written statement, the health and safety of each and every employee is a priority. sarah hahn has a health and safety management system aligned with industrial best practices. despite the complaints, the call continues to flow. a big trunk goes to europe,
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which aims to produce green hydrogen in the same region. social justice leaders suspect in the re agreements effects will be similar to that of coal mining activities. well, as cross to our latin america correspond, nicole re, sue, is following the german delegation in columbia. thanks for joining us. i our the if ethical issues there seems to be surrounding mining in columbia likely to come up in these discussions between the german energy industry and columbia as government well, these are issues that we've just heard about in this report actually took a backseat in today's meetings this was all about the green hydrogen and how it can be produced and also sent over to germany. i did, however, manage to speak to the german energy agency and they said that there is a feeling that there is pressure on the german government about these issues, the environmental issues, and also the, the health damage is that
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a coal mining does and that germany, it probably needs to look into how these relationships, new and old with other energy partners do look like in detail and what they can demand from them as a return. for example, you know, making sure that people who are living around these areas have a some compensation. i also spoke to columbia's mind minister it in a village, and she said that the responsibility for compensating people and making sure that environmental damage is sort of, you know, regulated in again, it lies in the hands of the companies that the government is taking rather, and observing position there and is trying to monitor and make sure that they comply with whatever they said that they would make better afterwards after exploiting this soil. so to day in these meetings, this was actually not of the hot topic, but it also made people a bit uncomfortable to talk about it because coal mining is one big thing and
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columbia. coal is one of the biggest export sectors here. and it's not gonna be just gone to morrow to how big our role is columbia to be expected to play in germany's shift, particularly it shift away from, from russian gas in his energy future class. well, there's a lot of things in the works or german engineers and also the german energy companies that were there today, want to make sure that columbia is equipped enough to actually produce green hydrogen columbia. very interested in these investments, it will require billions of us dollars or even euro's from different countries to get this operation started because they think until 2030 that they could manage to actually send over cream hydrogen to countries like germany. on the other hand, germany has been shopping around for green hydrogen, and they're also connections to the arab countries. other countries on the african continent. spain has just announced that they want to make sure that by 2030,
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they can deliver our green hydrogen for a pipeline to the center of europe. so there seems to be a lot of options on the table. just none of them at the moment is really there. so we need to have a look into the future and to the next years to see who's actually gonna make it. and what partnership is going to be the strongest, but what is important for germany and other countries right now is to have diversity in partners so that deliver energy to them. okay. corey's in caught a heinous forest. thank you very much. and just finally want to bring you this story that to, for the 1st time in history, the us dollar bill, there's the signatures of 2 women, us treasury, hey janet jaelyn and u. s. treasurer lynne moleck signed the new bank notes showing a ceremony on thursday. actually, they said that presence was the result of a collective effort to create a more inclusive economy. the new notes will anticipate elation next year. levis
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signature marks another 1st as well. she's the 1st native american to hold and that's all for me on the business team. here in berlin for more, you can add to our website, d t, v dot com slash business. also head over to the d to we news youtube channel, and watch our latest d w business. special. we've asked the question, will ending 0 covert repair china's economy and it's well worth watching. get us on facebook to with data. we adopt business on that until next time with making the headlights and what's behind them. the daily news, africa, they show that the issues in the continent life is slowly getting back to normal. yeah. we're on the streets to give you in the report on the inside our cars,
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on the ground reporting from across the continent and all the frames doesn't matter to you next on d, w. eco, india. how can a country's economy grow in harmony with its people and the environment when there are doers? who look at the bigger picture? india, a country that faces many challenges and whose people are striving to create a sustainable future clever projects from europe and india. equal india in 60 minutes on d w. o. oh, will you become a criminal pre colonial already know that with
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hackers and paralyzing your societies, computers that outs where you and governments that go crazy for your data. we explain how these technologies work, how they can go in for, and that's how they can also go terribly. what you know, on youtube, business detail didn't use africa coming up on the program. come africa become it. well, lead up in the green energy revolution. what all the bonds, natural resources available on the continent, africa seems like lead pleased to lead the way by what shot and just lie ahead. we'll find out also coming out.
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