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tv   Business - News  Deutsche Welle  December 10, 2022 12:15am-12:31am CET

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has to be afraid of them, but they really thought it out and that they sell it. this tremendous is built in that teams the easiest strengths off the off the creation of the phrase team. and so people are absolutely overjoyed, this is going to be brought to hell of a party tonight. it sure is, and barbara hazel picked a place to be. well, that is your news update at this hour. you can stay tuned for the business headlines coming up next. with my colleague rob watts, thanks much for watching our names on the melting ice. a reporter tracks down the arctics major players with russian warships and alan guys. version 70 guns,
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provo shadow or starts december 23rd on d w. how about taking a few risks? you could even take a chance on the la rearing to, ah, don't expect to happy ending literature list 100 german stories. ah, ah, ah, the u. s. steps up, it's the sanctions regime. washington has unveiled a whole sway the new measures against an array of adversaries. we'll get to the bottom of y. and inside columbia's coal mines here, how germany is looking to work more closely with south america's biggest exporter
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of the fossil fuel. the state of your business on robots 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 u. s. financial system over their involvement in sham referendums and occupied ukraine. washington's announcement came on the same day as the e. u froze 19000000000. your is worth of assets over russia's invasion of ukraine. for more on the us sanctions, less cost to the states and to a financial correspond against quarter. yes. what is the message here coming from the us treasury, particularly with the sanctions over the chinese companies? napster's? there are,
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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 economy 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 what they might try to do, especially when it comes to this 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 are said these sanctions against yet more russian individual. it was the view over there as to whether or not the, the,
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the existing sanctions against many russian entities. i have been working well, i mean, not just the, was the russian individuals. but in general, i mean, since the war started united states them have started to bring in more than $1500.00 sanctions against company is also against them. individuals some and in part that has definitely put a lot of pressure on the russian economy. i mean, the car industry, a more or less came a to a stand still, the russian, a banks are pretty much cut off from a global financial market so, so that definitely had a huge impact on the economy. and as the rates are that are russia will be a pretty steep recession. but having all of that said, yes, the economic effects are being felled, but the behavior of the russian government has not so talking about the war. unfortunately, the sanctions at a limit of success, okay, ins,
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quarter in new york for us. thank you very much for 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 suited to block the move. us and european regulators have voiced fears over competition, including games being exclusive to the 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 at the foot of columbia, said icon 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 enough for columbia's in the village tobacco, the mine is an evil giant one. they have been fighting against for decades. another battle center lies practically ended with the displacement of tobacco formula because we stopped being a community and became a nomadic community to settle. michael, when he liked was i'm, we only exist on paper. his well, i meant the city morning and by 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 not set up where they
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were out of the remains. if i can't, he raised it from my mind as if something very i'll go very painful because they make you destroy your humble a, saying it was practically an unforced displacement, obviously because we are. so we're the ones who destroyed our home said the gum in the novel, social broken off. abominable it a look here. the 3 amana leon, 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. 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 to silicosis issue,
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the cynical intricacies issues in the communities of war. here i 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 the federal yellow? they would hope i will of europe in countries such as germany, switzerland and other countries are investing in companies like sarah han with, i think in, but it's yawning at the default. they need to be aware that by doing so, they are also supporting global warming. bonita, them being bang and thank you and they are supporting a company that violates human rights in columbia. said, wound up will yell in plaza, give your landlord the rachel, whom i long belonged yet. the company responded to a request for comment from d. w with the 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 and the re agreements are fixed will be similar to turtles to coal mining activities. alice crossed to our latin america corresponding nicole re sue, is following the german delegation in columbia. thanks for joining us. i our, the ethical issues that 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 actually 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 are 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 2013, 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 carter heinous for us. 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 john, yelling at you. 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 into circulation next year,
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11 signature marks another 1st as well. she's the 1st native american to hold and that's all from me on the business team here. in berlin for more, you know, to our website d, d dot com slash business, also head over to the d. w. news, youtube channel, and watch our latest data. when you 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 the business on that until next time. what's making the headlines and what's behind them? news africa. they show the issues in the continent. life is slowly getting back to normal. you know, where on the streets to give you in the report on the inside our cars on the
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ground reporting from across the continent and all the trend stuff to you next on the w when the q runs out with the battery, that's what the chinese car maker neo is offering now also in germany, and we're about to try it out. how does it work? how long does it take? and what are the benefit? with 60 minutes on d, w. oh. that will interest the global economy. our portfolio,
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d w. business beyond. here the closer look out the project, our mission. to analyze the fight for market dominance is to this is wes. good is still that head with the w business beyond to come have a b, t v highlights you every week in your inbox, subscribe. now this is deed of the news africa coming up on the program. come africa become a wild lead up in the green energy revolution. what all the abundance natural resources available on the continent, africa seems half likely place to lead the way. by what challenges lie ahead. we'll find out also coming up.

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