on success is very sick. the vatican confronted 95 year old benedict condition is worsening. the german born form of pope d resigned in 2030 due to declining health. and at least 50 people have died across the united states and made extreme cold and winter's stole. snow has buried possible buffalo, new york, and emergency crews are struggling to reach traffic residents. that's it from me and the news team for now i'll have an update for you at the top of the out. in the meantime, there's always a website, d, w dot com, this lots more news that i've got office people in trucks injure and was trying to feed the city center. more and more refugees are being turned away. warner families with

people seeing extreme dreams around 200 people in around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, i've seen beardsley in berlin. here's look at our top stories. china wants to revis 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

products past their shelf date or hot business. also on our show organ oil is a popular product in the cosmetic aisle, but can production of the age old ointment almost exclusively in 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 were in 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 tenure 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

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 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 its prestigious belton road initiative. china finances

infrastructure projects in a 140 countries for almost one trillion euros. the e u is trying to count of his with a budget of 300000000000 euros for its own project called global gateway. the european union names 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 when 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 a way. you know,

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 that 3rd bout and row for him for international corporation. and before that, chinese preston, she didn't ping, he also strasse to european that china well comes the e was participation in belt and wrote cooperation for grant her synergy with the east global gathaway strategy. so we can see a china is expected to push bore at balte a remote steel in the upcoming year. we mentioned that port in hamburg. cost goes, 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, the of, and i ended more and more countries are actually more we that they owe 10 bro,

initiate if my be poison coated with sugar and exec except for the humble cast i. you've mentioned another key. incidence is free lancaster 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 separate. he announced to deepen the corporation with china us beltane road initiative 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 cease 2023 might be

a good time for the europe, you know, to compete with the chinese belltime ra belltime road initiative. because, you know, china is now facing called the anti economic troubles. but ellison tied, 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 a 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. right. that's just you and yet in

taipei, thank you. let's taken a glove look now at some of the other business stories making headlights. despite skyrocketing energy prices in a growing shortage of skilled workers for an investment in germany, remained 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 banding oil exports to countries that have a price cap for russian oil. the g 7 nations, the you and australia have all pledge 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 fil 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

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'd 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

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 so i wanted to save money on my return to didn't have the disposable income. we're 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 keep in mind the pennies. first them, 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

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 20, so 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, jail 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 your world. 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,

extracted from the seeds of the ripe berry 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 the, 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 tons and to, to the high cost of the raw materials. its price, which was approximately $60.00 durham city, is now about 100 darrow michigan. but 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 were part of the industry in morocco,

fear that they may not be able to justify the climbing prices for the oil. but with many market research as optimistic arguing 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 massive plants, some of which are 2000 years old, used to be popular worshipping sites. there also climate resistant as they said, large amounts of water in their giant trucks. but we're poverty stricken farmers. they have no economic benefits. and that's why recently trees were approved and sold need to botanical gardens. under kenyan law, the be about 3 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

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 a line g, w dot com slash business to watch 3 d cash customating cow cow in canada, eating plantations and climate change. we're making life difficult for farmers. doug came to you helped out with dish monitoring, irrigation systems and organic fertilizer. a game changer for gamez cocoa

farmers look on by him 60 minutes on d. w. what secrets lie behind these walls? discover new adventures in 360 degrees and explore fascinating world heritage sites. d. w world heritage 360. get the app. now are this is did oven years, asia, today we're looking at the deadly impact of climate change across asia. this year. beginning in pakistan where it happens, traffic flooding left a 3rd of the country underwater and millions of people homeless. the un golden climate carnage.