tv Business - News Deutsche Welle December 10, 2022 4:15am-4:31am CET
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no, well, oh tanya loaner in katara and don't forget you can always get dw news on the go, just download our app from google play or from the apple app store. it'll give you access to all the latest news from around the world as well as push notifications for any breaking news that you are up to date. stay tuned for the business headlines with my colleague robin what's coming up next after a short break? ah a nice it's avalanche. my welcome to my podcast to love matters by and by celebrities influences and experts to talk about all plain love from day to day. nothing less because all these things and more and then you know,
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even off the pot can make sure to tune and wherever you get your past and join the conversation because you know it who love mattered. mm i. she's gotten used to thought they were great. i do all the u. s. steps up it sanctions regime washington is about 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 here. how germany is looking to work more late south america's biggest exporter. the fossil fuel is
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a 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, in occupied ukraine. washington's announcement came on the same day as the froze 19000000000. yours worth of assets over russia's invasion of ukraine. more on the us sanctions, less cost to the states and to a financial correspondence quarter. yes, what is the message here coming from the us treasury, particularly with the sanctions over the chinese companies. now 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 us, it's just fighting and corruption and 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 this illegal fishing and to get a sympathy from companies that are not from companies on countries that are negatively affected them 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 existing sanctions against many russian entities. i have been working
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well, i mean, not just the was the russian individuals, but in general, i mean, since the war started, united states have started to bring in more than 1500 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 roots are there, 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. the update now let's take a look at some of the other global business stories that are making the news. microsoft's 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 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 coal 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 little sinner lice practically ended with the displacement of tobacco things on the because we stopped being a community and became a nomadic community. little michael money like was and we only exist on paper is while i'm in the city morning, about bill the tobacco community had to abandon their municipality to make room for the mine than the constitutional court ordered the 2nd mine to rebuild the town and remedy the damage i saw not set up where they were out of the remember that i can't,
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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 booking of abominable it. unlocked it, a 3, a monitor alien. 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. the silly causes issue, the cynical intricacies,
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issues in the communities of war. here i receive $0.20 for every $100.00 earned by coal mining. for many, the business doesn't compensate for the environmental social and medical damages. the why is it the federal yellow? they will not. 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 people. it may need to be aware that by doing so, they are also supporting global war. me bring it to them being bang and thank you and they are supporting a company that violates human rights in columbia. said, wound up well named plaza. give your landlord there at yahoo! my lawyer 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 industry 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 effects will be similar to dental to coal mining activities. ellis crossed to our latin america correspond nicole reese, who is following the german delegation in columbia. thanks for joining us. i our, the, if ethical issues that there seems 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 a coal mining does and that germany,
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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 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 a hot topic, but it also made people a bit uncomfortable to talk about it because coal mining is one big thing and columbia. coal is one of the biggest export sectors here. and it's not gonna be
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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 plans. well, there's a lot of things in the works or german engineers and also the german energy companies that were there to day 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 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 u. s. dollar bill, there's the signatures of 2 women, us treasury. hey, john at yellen and us treasury. lin melinda 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, and to circulation next year levis signature marks. another 1st as well,
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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 a to our website d, w dot com slash business. also head over to the d to we and use youtube channel and watch our latest d w business. special. we've asked the question, will ending in 0 covet repair china's economy? i'm, it's well worth watching. get us on facebook too with data we don't business on that until next time. with the clunky is really the best material to house the world. but of course we need to make it better and we can do it. you message the building project in india through what's possible that would mean
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paralyzing the tire societies. computers that out. sure. 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. watch it now new to scientists like getting their feet wet all in the name of making hydro pallet back to for the environment. more on that coming up we'll also be looking at efforts to reduce the harmful impacts of the universal building material concrete. but 1st life in the concrete jungle.
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