of story we are following for you. but frances has visited his predecessor benedict, the 16th, whom francis is very sick. the vatican confront best 95 year old. benedict condition is worsening. german born form of pontiff resigned in 2013, become the 1st pope to do so in 600 years. and i said from me and the news team for now i'll have an update for you at the top of the hour, don't go away. business is up next with steven bits. they don't miss that. and also the rest of course, oversight with the w called out office in berlin, which is the end of the pandemic in site. we show what it could look like return to normal and we visit those who are finding it difficult

to success in our weekly coping 19 special every thursday on d. w. if you ever have to cover up a murder, the best way is to make it look like an accident, raring to read. you've never read a book like this. literature list or germany last reads. ah, ah, i've seen beardsley in berlin. here's look at our top stories. china wants to revis economy back up in 2023, and revamp it 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 argon oil is a popular product and the cosmetic aisle, but can production of the age old ointment, almost exclusively a morocco. and to keep up welcome to the show. china's plan to reopen its borders next year, continued 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 10 year anniversary of beijing. launching its belt and road initiative. she gene pings massive infrastructure. building plant 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 stakes in 14 european ports, but in the wake of russia's war in ukraine. the hamburg deal came under fire, many lawmakers in berlin fia chinese access to critical infrastructure. and that 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

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 belton road initiative . chechnya is our correspondence in taipei church when the belt and road initiative was conceived of as a kind of jewel of she, jean 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 cooperation. and before that, chinese preston. she didn't ping, he also strasse to european that china well comes the e was participation in bout and wrote cooperation for grant her synergy with the 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 are 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 a now 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 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 acts per sees. 2023 might be

a good time for the euro. you know, to compete with the chinese bow time ra belltime road initiative. because, you know, china is now facing called the anti economic troubles. but ellison type ear 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 heart infrastructure projects. and besides you, cro 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 window. all right,

that's church one year in taipei. thank you. let's taken a glass look now at some of the other business stories making headlines despite sky rocketing 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 banning oil exports to countries that have a price cap for russian oil. the g 7 nations, the you and australia have all pledge to paid 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

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 legit 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 as an iron clad rule. oftentimes packaged snacks and drinks are perfectly good. well beyond that date? well, 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 parker. those 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 the fake loading done because i wanted to save money on my return. she didn't have the disposable income. we're in the loss of news, which in a big shift most customers receive the product by meal. 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 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. first 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

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 down, doesn't sell anything fresh, only packaged goods. the quality check takes place in his office kitchen chips from 2021 and still quite chris. i still find 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 that in the cosmetic i'll organ oil has been used for centuries peskin 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 household 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 early before corona we used to produce about 10 tons of ogden oil, but after the panoramic 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 durham as it is now about 100 darrow michigan 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 would much power threatened or oil production system. those were part of the industry and 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. they 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 if our show me back later with more. in the meantime, checks out a line he w dot com slash business to watch kell africa. cultivating cocoa in canada, eating plantations and climate change. we're making life difficult for farmers. then a dutch antonio helped out with dish monitoring your kitchen system and organic fertilizer

. a game changer for gardeners, cocoa farmers. he can look on by next on d, w. these places in europe are smashing all the records. step into a bold adventure. it's the treasure map for modern globetrotters. discover. some of you are record breaking sites on google maps, youtube and now also in book form. ah welcome to a qu, africa, i hope you're ready for pack show. i am chris, the lamps coming to you from ogen state.