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tv   Business - News  Deutsche Welle  December 28, 2022 1:15pm-1:31pm CET

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skyrocketed since the u turn by. chinese deed is at the start of december. older people lipping hot hit as vaccination rates among them are low, many hospitals overstretched. and it's estimated that cobit 19 who claim a 1000000 lives in the coming months. and that's it from me and the new steam for now. don't forget there's a lot more news of business and sports to be found and are breaking news up and on social media to handle for instagram. twitter is at d. w, and use or recommend you follow us on gout else's in berlin from me on the team. i thought, ah, g w looks back only during crisis mode. ah, the corona virus pandemic working crazy climate crisis revolts in iraq and the united kingdom after
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exec our top dishes for 2022 brought to you on hold platforms by d w. m, as you can use is to thought they were great. he will be the, the with ah, i've seen beardsley in berlin. here's look at our top stories. china wants to reverence economy back up in 2023 and revamping signature for an investment project . the belt and road initiative can europe and the west compete? rising prices have brits looking for supermarket alternatives. now expired foods or
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products past their shelf date or hot business. also on our show argon oil is a popular product and the cosmetic aisle, but can production of the age old ointment, almost exclusively morocco. and to keep up welcome to the show. china's plan to reopen its borders next year, continue to make a big impression on investors. on wednesday, asian markets worry particular about what it might mean for global inflation. the china wants to repair its economy in 2023 is hardly a secret. it's quickly removing. pandemic measures and promising economic stimulus next year also marks the 10 year anniversary of beijing, launching its belt and road initiative. she gene pings massive infrastructure building plan has also faced hard times from defaults to delays to growing skepticism among other countries. now it also has competition from the e, u and g 7 at the port of hamburg almost every 3rd container comes from or goes
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to china in order to remain attractive for large container ships from the far east . germany's largest seaport wants to build more berths for giant freighters. the money comes from chinese state owned costco shipping company. it brought a 24.9 percent stake in one of the ports 4 terminals 2 months ago. costco had already acquired steaks in 14 european ports, but in the wake of russia's war and ukraine. the hamburg deal came under fire. many lawmakers in berlin fia chinese access to critical infrastructure and at the project could lead to a problematic dependency. akin to german reliance on russian gas. tensions between the e you and china were already growing amid beijing's sharper nationalistic turn. and it's suppressive policies in hong kong and the western region of shin jang for it's prestigious belton road initiative. china finances infrastructure projects in
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a 140 countries for almost one trillion euros. the e u is trying to count of us with a budget of 300000000000 euros for its own project called global gateway. the european union aims to invest in infrastructure projects in emerge again, developing countries with a focus on sustainability, environmental protection, and fair competition. criteria that play no role in china's bells and road initiative. chechnya is our correspondent in taipei church where the belt and road initiative was conceived of as a kind of jewel of she, jim pings foreign policy. but we've seen that his fortunes have changed or been challenge in recent years. and especially since the pandemic. what can we say about it right now? yeah, so right now, you know, steve and so far we see no science that china is going to shape the this foreign policy away. you know,
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it's worth noting that 2023 marks 10th anniversary of this in the 8th. and just few days ago, china mentioned that in 2023. many are looking forward to 3rd balte and ro forum for international corporation. and before that, chinese preston. she didn't ping, he also strasse to european that china whale comes the even participation in belt and wrote corporation for grant her synergy with the east global gateway strategy. so we can see a china is expected to push bore at balte mode. still in the upcoming year, we mentioned that port in hamburg castro's bid for a stake in that terminal divided the german government or more countries wary of chinese investments or, or they may be attracted to it during these tough times. yes, steve and i ended more and more countries are actually more we that they owe 10 bro
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. initiative might be poison coated with sugar and exec except for the handbook cast. i. you've mentioned another key. incidence is freelance cost bankruptcy this summer as aroused widespread awareness of the potential risk of china step trap, diplomacy. and in this month, saudi arabia, m a last in have a separate. he announced to deepen the cooperation with china's bell town road in the eighty's while she's visiting the country. so you know, it's still very horrible los country to say no to such an attractive embarrassment from the 2nd largest economy in the world. we've heard a lot about western attempts to answer the belt and road initiative. to what extent can european and g 7 investment really approach the levels of chinese state spending? is that even comparable? well yes, you know, it's really hard to say by some expert sees 2023 might be
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a good time for the europe, you know, to compete with the chinese bow time ra belltime wrote initiative. because i, you know, china is now facing called the anti economic troubles. but ellison type, you has also been faced with some doubts. it's been a year since the project has been announced. but according to lee excerpt sing by the media, this laugh on their land. le preston, every european commission. she sat in a recent meeting that like global gathaway project, still suffers from lake of visibility, recognition and sound vegetable hard infrastructure projects. and besides you, crow wall and, and debate within the members may also hinder the progress of flip projects. so we can say that in 2023, the competition between you and china might be hitting up, but it's still unclear who's gonna be the winner. all right,
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that's just you and yeah, and i pay, thank you. let's taken a class look now at some of the other business stories making headlines despite skyrocketing energy prices in a growing shortage of skilled workers for an investment in germany, remain stable during 2022. that's according to the head of germany's federal business development agency. germany trade and invest. you said that in an interview with reuters, a foreign companies investing in future technologies like semiconductors, battery production, and recycling, helps maintain the status quo. vladimir putin says he's banning oil exports to countries that have a price cap for russian oil. the g 7 nations, the u and australia have all pledged to pay no more than $60.00 a barrel. in an effort to lower rushes income as the country is fighting a war and you create the benchmark price for european natural gas fell tuesday to its lowest price since june. the t t. a future is contract for dutch gas has been trending downwards in the middle of the month. prices hit record highs in the
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summer when a supply stop of natural gas from russia. sent the markets into turmoil. the data of 400000000 twitter accounts could potentially be at risk, including email addresses and phone numbers. the legend hacker published the information of 37 prominent figures such as politicians and journalists to prove that the breach was real. he said that a pit of twitter paid him $200000.00. you would give that data back to the company or all generally, where the expiration date on food packaging is an, an iron clad rule. oftentimes packaged snacks and drinks are perfectly good. well beyond that date, that's an important distinction in the u. k. at the moment, food bills there are rising eating in the household budgets and making food banks more important food banks are not allowed to accept or give out expired products. that's leaving a gap to be filled. take look salty chips past their expiry date, honey mustard, also
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a bit older. everything here is expired. everything here is cheap. that's dan parts . los business idea of their house near birmingham is bursting at the seams in the u. k. the market for expired food is booming. 7 years ago it was something 30, something that freak luggage done because i wanted to save money on my return. you didn't have the disposable income. where in the loss of news, we've sent a big shift. most customers receive the product by mail. keith mccallion picks it up himself, chips, soda, and chocolate for his grandchildren. food prices have gone up in the u. k by around 11 percent. i think there's no doubt about it. people will, it's really hidden. everybody, i see in my line of work, people are really, really keeping an eye in the pennies. for some, it's all about saving money for others. their primary goal is to reduce food based . dan has about 16000 items in his collection. a delivery has just arrived with
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assorted supermarket goods. dan also requires snacks with incorrect labels or from food banks that cannot distribute expired product. it's also crazy example of a bus before by february 22, where a clear air freshener of his quality isn't gonna degrade. dan doesn't sell anything fresh. only packaged goods. the quality check takes place in his office kitchen, so ships from 2021 cars, dell quite chris. i still want the best seller though, is this ti, 2 and a half years old? the box usually goes for about 17 euros, and here it's available for $0.70 for tomorrow. well, i never heard of it, but perhaps you've noticed it in the cosmetic, i'll. argon oil has been used for centuries for skin here. now it's popularity and a drop in production is driving prices up,
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extracted from the seeds of the ripe barry fruit of the oregon tree. argon oil is world famous for its qualities and has become a house what name for hair and skin care. the oil finds its home in the southern region of morocco. however, a decline and production resulted in an increase in price. jo, how, how early before corona, we used to produce about 10 tons of organ oil. but after the pandemic, we started producing $2.00 to $3.00 turns, and due to the high cost of the raw materials, it's price, which was approximately $60.00 durham city, is now about 100 dear own or even yacht would let in that there are 2 varieties of argon oil one that we find in many cosmetic items and another which is edible. these qualities make ogden oil very attractive yet years of drought, very little rain shortage of workers and middle men with much power threatened or oil production system. those who are part of the industry and morocco,
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fear that they may not be able to justify the climbing prices for the oil. but with many market research, as optimistic argon oil may still be in your life, just a little bit more expensive than it was. or kenya has halted the export of the country's famous bay about trees, the mass of plants, some of which are 2000 years old, used to be popular worshipping sites. there also climate resistant as they save large amounts of water in their giant trucks. but or poverty stricken farmers, they have no economic benefits. and that's why recently trees were approved and sold in each of botanical gardens. under canyon law, the bay above tree is not a protective species, but the government is now getting involved to make sure there's no negative impact on it's by adversity. where's reminder of our top business story? china pushes on with its belt and road initiative. the global infrastructure
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program has faced hard times defaults, construction delays, and more skepticism from partner countries that's for shown to be back later with more in the meantime, checks out aligned to w dot com slash business. to watch with innovation is ready to lift off progress and science will turbocharged the economy with lightning fast quantum computers and climate change resistance super plans. we take
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a look at high flying technologies in our review of everything that matters. map made in germany on dw, with our sports, all with scoring we say they were about giving up sports like every weekend on d w. ah ah, ah, ah, ah, the world doesn't lack for complex problems. think of the 1000000 variables and vall.

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