tv Business - News Deutsche Welle December 16, 2022 5:45pm-6:01pm CET
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applies last also coming up as energy bills, sore families in estonia are clumping together to make ends meet. and how a can now poland bill to allow ships to avoid russian waters is turning into a tourist attraction. this is dw business. i'm kate ferguson. thanks for joining me . germany is one step closer to ending its reliance on russian gas after a huge ship containing liquefied natural gas arrived at the port of bill hens, half and on the north sea. it's a key part of the infrastructure that will allow the processing of the fuel to take place. germany is counting on l. n. g as an alternative to the natural gas and used to receive via pipeline from russia. with the ship's name hug, esperanza alludes to hope this ellen g floating terminal is expected to supply 6 percent of germany's annual gas consumption. that's big,
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given the countries dire need for alternatives to russian energy exports. the i'm, in a few months, we've managed to establish germany's 1st liquefied gas terminal. it's a process that otherwise takes 5 to 6 years. tim will not the terminal will convert liquefied natural gas into gas and also serve as a storage facility. meanwhile, russia is looking to other partners to replace buyers in the u wasn't showing them just using an important step to reduce the impact of sanctions and other whole style actions against russia will be the development of port and pipeline infrastructure in the south and east, including increasing the export of natural gas that russia is looking eastern south while the west turns elsewhere. the new terminal marks a milestone for germany and finding alternatives to russian energy. on its assign, the, you and russia are drifting further apart. for more we can talk to energy expert
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heading employ sign, having how significant is the terminal on the hens hoffman in germany, the time to end of dependence on russian golf? thank you. it's very significant. i mean, you heard that it doesn't replace all of the rough and gas, but it is one of the free terminals that we got the cation to that will becoming online in germany when the next couple weeks. so this matter, if on top of that you take into account the gym and gas consumption is, is have been reduced people and this is become more aware. this is a huge step. and on top of that, there are similar across europe which have helped germany. this year to import natural gas from navy like belgium brown, the netherlands, to reduce his work and dependency. in fact, the brand expert as president just arrived is carrying. you can think so it's a massive step and it's the remark, the treatment that you're from just showed it happen in a few months,
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which normally takes about half a day. i mean, you mentioned spain just are, but who else will be supplying? germany's l. n g and couldn't those lead to other problems of energy dependence of was the case with russia. yeah, for sure. in fact, the gas ministry from spain was initially imported from elsewhere, most veil in g that germany will be receiving through the terminals with this one. and the other ones that are coming will be from the united states, but also coming from canada and pretty much any, any supply around the world that has capacity to send to germany. that will mean prices will remain high. and there is, of course, a dependency emerging here on a ship market. the germany product prior to this crisis didn't have. but of course, in this situation that you can choose, this is a necessity now. and that is great new reality. but it's again, it's that it's human for now, but it's a lot of money and for it is really cold in germany right now. and there been some
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warning, it's not the country is using up. it's ga storage too fast. is the legitimate concern. it is gold, it's even cold here in the u. k. though it is a bit of a concern, but for this to become a major problem for germany, for the it would have to stay pretty much cold as it is now. so around minus 10 degrees centigrade for the rest, the width of that is until much next year. if that happens, then the german storage will be depleted to level the grid agency, the buttons net, they're going to will have to intervene. the likelihood mid roll of just tell us is extremely low that they so cold for the next 2 and a half months. it's much more likely that even if it's sales rep, they relatively call that a few miles dave allow to just to not be withdrawn at current pace. so i remain positively. it's course the optimistic that the visual image is in germany can be what is this window? i'll take cautious, optimism having voice done. thank you so much. thank you to estonia now
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where people are struggling with a full blown cost of living crisis. inflation has hit 20 percent with many families and pensioners struggling to pay their bills in the capital talent help is available through a special initiative for seniors making omelets as a family activity for the tins in the past. they would also order in but hard times mean they can't do that anymore. may love know who for breakfast. we need a box of 10 eggs that the whole family not only for them, prices are up significantly. other prices in estonia, have put drupal and wages here are considerably lower than in other parts of europe, such as germany. marya works half time at the university and helene. she earns $850.00 euros a month. her husband, as a freelance photographer,
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he raised his fees in the fall to make ends meet middle fema, lisa bought her boss, will i just watch the money disappear? you work, but there's nothing left or all. that's why i had to raise the fees. you know the cinder, electricity, and heating bills take a big chunk out of the budget than i was in unity, them, i, mazama, it wouldn't be right to protest our government to your blame, an employer ask them what they want to want to quote them for a bit of the problems are complex to blaming the label in it as russia triggered the energy crisis. where i can grab the net a, b, hooton's government is using energy as a weapon, but a lawana. ah, it's now winter in the estonian capital of tell in the coming months will be cold and dark. every one is affected by record inflation of more than 20 per cent. but not every one is managing to get by on their own. the city is helping thousands of ukrainian refugees and locals alike,
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requests for support have quadrupled in recent months. sadly that we haven't seen such a rise since the 2008 financial crisis. the elderly and pensioners are especially affected. that's what the latest numbers show. most single pensioners are living in relative poverty. in armless setting with benton, those living on a measly pension often come here to tell in senior self help association. that building fills up at noon every day because people can buy cheap food here for just a few cents. it may come up and i'm always looking for special they, i wouldn't manage if i had to pay the full price. yeah. was that face in love as he say, deluxe failure, maria, that got my sent hats and scarves to the ukrainians. gray less de la. i sca it, the midday army we in is stone. you know, with how bad it is there began it's also our war, but we draw the deal with inflation than bombs or math a,
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it's a perspective that many historians shia. there's hardly any protests, although not everyone can count on getting help pension of received a one time payment, and families with children get a subsidy, and everyone else just house to get by to some of the other trouble business stories making news. u. s. officials say they have gained a sufficient access to order chinese companies for the 1st time. the development removes the immediate threat of $200.00 chinese companies being de listed from american exchanges. it's a relief for major listed chinese companies, like alibaba. meanwhile, in a separate development of the u. s. is planning to place chinese chip maker y m t c on 35 other chinese firms on a trade black list. it would prevent them from buying american heart on software in areas like artificial intelligence and advanced computing. washington says it fears
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china will use such technology to strengthen its military. twitter has suspended the a kind of several journalists that have previously covered unwritten up by the company. and its recent take over i. e long mosque risers for the new york times and the washington post among others find their account disabled by mosque was previously called himself a free speech. absolutely. and it's now 3 months since poland inaugurated a canal that would allow ships to reach the baltic sea without having to bypass rushing waters. since its opening, the 1300 meter waterway hasn't only proven to be symbolically significant. it's also proving at all for tourists. ah, this fishing boat isn't here for a catch. it's out of service due to over fishing, but skipper pure term. so it got still takes the boat out every now and then to
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prevent its engine from rusting. and now the vessel may have another future. it's owner plans to reset it and use it as an excursion boat for tourists are the vis gyla lagoon. a canal that connects the bay here to the baltic sea plain of our region as benefiting from tourism. visit numbers are rising low. it's used to be quieter, much quieter at this time of the year. but now many tories are coming to see the new canal. there's a lot of interest before the canal was built, ships from poland had to cross russian waters and that cost time and money. the new waterway that cuts through the vist sheila split provides polish vessels, a direct link to the baltic sea. as construction has cost around 220000000 year olds. so far. here from the observation desk visitors have a chance to marvel at the new canal, la, my la mina j adobe,
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that i'm really impressed. i only knew the canal from tv and found the whole thing pretty absurd. now standing here and i'm pretty proud of it. let then vance and i me so yes them for the very good. why should we pay anything to the russians? now we are independent of them even though she for sure the region is hoping the can now will bring an economic boost at the port in el blog goods, mainly construction materials are loaded most i headed to the russian enclave co, leningrad. but the new canal gives poland more options, and there are plans to deepen the waterway that will link the region to international trade routes besides all there. but the navigation conditions on the water will have as well shorten or to access to the voltage. for this, i'm polish her stock pigeon color portal. ok, tucking,
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dive in. more and more. investors are expressing interest to have operations here. the new container terminal is to be built. this canal gives poland direct access to the baltic sea, isolating it more from russia as the rift between the e. u and moscow deepens. and a reminder of the top business story we're following for you this hour. germany is one step closer to ending its reliance on russian gas after a huge ship containing l. m. g arrived at the force of them with thanks toronto ah, with
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things and more and then you know, season of the make sure to tune and wherever you get your past and join the conversation because you know, it love matters. ah ah ah, this is the w news lie from berlin, ukraine hit by more russian air strikes. with these 3 explosions are reported to have struck the capital. other targets include the hockey, a desa regions, leaving some areas completely without.
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