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tv   Business - News  Deutsche Welle  January 12, 2023 4:15am-4:31am CET

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selma's musicians for his technical virtuosity, often playing alongside other big names such as eric clapton deck took part in countless recordings and was revered by many as many fans as the guitar player's guitar player. watching dw news from berlin, christie plaids in. we'll have more on the battle over coal mining in germany. that's with business news after the break. i'm almeni's. if this is dw news, things for your company. called a christian with question about life, the universe and everything. you knew the answer? well then david, here, 40 to the answer to almost everything our documentary series with
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lever raising and ground breaking on his chin chemical and the after life. are we getting dumber and dumber? how can we feed everyone? questions for the present and future emp heads filled with ideas. so get really for the brain update. 40 to the answer to almost everything starts january 15th on d, w. ah, the climate fight, escalades and germany is coalfields. police are clashing that protesters over cool . the government says it needs now. we'll get expert insight. also on the show does typing your belt have to mean sacrificing on quality? we'll look at the impact higher growth, your prices are having on sales of organic and fair trade. foods and american air
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travel gets moving again after coming to a halt. what does this mean for airlines are wall street correspondence has more. welcome back to berlin for another d w. a business i'm christy. platinum. to police of the gun forcibly clearing the west. german village of louis scott where protesters are resisting attempts to expand a neighboring leg night coal mine. the government and energy company are w e. s. as germany needs the coal to hold off an energy crisis caused by russia's war and ukraine. but a critic say that that would mean kissing germany's climate goals. good bye. for the protesters, the little village of loots of art has become a symbol of the fight against fossil fuels. as they are dispersed around the site, it's hard to verify how many there are perhaps a 1000 to delay the eviction process. they change themselves to objects, or dangle from ropes between buildings. cool, as i know all is one of the harmful and most expensive energy sources there is.
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it's endlessly harmful to the environment or not. this is a 21st century. we have to fight this time and sense. no, not again came from this since last year. nobody lives in the village which used to house around a 100 residents. it's owned by the energy company or w e, which wants to access the coal. as soon as possible. berlin says the cold is urgently needed to avoid a black hours after russia cut gas deliveries to europe. germany plans to phase out atomic power completely in coming months. but for more insight on this conflict, i'm joined by energy expert professor claudia comfort of the german institute for economic research. claudia, tell me, does germany really need this coal? i mean, what would happen if they just left it in the ground? but germany does not need, is this a co what would happen if they leave it on the ground? there would be enough eternity for coal mining roots and options in that region all for ha and god's viola where the coldest mind or a dredged and m. yeah,
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it would be enough food to, to secure energy supply. but is it not true that coal would mean greater energy independence for germany? i mean, since they can get it right here in germany in a different way than they could with natural gas, even in a different way than they can with solar since china dominates production there, what do you think? well, i mean, of course we have cold and we will use coal also for energy security right now. also the next is because of the gas crisis. we will last a use gas for electricity production than coal. i need more coal a doing the next years, but of course we will need to increase the share of renewables drastically quite faster even if we now also look for production of sola in germany. and i should do that as well, but we can make it better. it's important to increase the share of renewables. so. so now you're saying germany doesn't need this coal. why is the government so
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insistent on going through with this deal, which seems quite unpopular? yeah, i don't understand actually, and we could not really understand either the numbers they have provided in their studies because we did so several studies and others as well and showing that we don't need this call at that a part of a look at where the dredging is, or the mining is and we could have used a tentative of cause r w e has an economic interest to do so because it's easier as economically more efficient. but anyhow, it's now here of a security of the whole society and to find a free a piece also for the whole society, it would have been better to make another deal just the last follow up question. very briefly, police are trying to clear the protesters out right now, would you say this is a done deal, or is there any chance this call will stay in the ground? well, there might be a little bit of a chance to, to, it depends on how severe the protests will continue. but my job to buy
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a pit and it would be better just to sit down and look for a new compromise because the cold protests, us will continue the next weeks. and this build a, this will continue also the whole debate and that's bad for germany. we should find another alternative compromise. that was claudia comfort from the german institute for economic research. thanks so much. thank you. now to some of the other global business stories making news today. investments in german startups almost have in 2022. according to a study by e y venture capital companies invested 9900000000 euros. the consultancy firm says that due to the global economic slowdown and the war and ukraine, investors are shying away from large investments. german regulators are warning google parent company, alphabet to better protect its users. the countries competition watchdogs, say users have insufficient choice and how their data is being used. this is not the 1st time the tech giant has allegedly violated you. data policy, frances data protection authority find google $57000000.00 in december. ryanair is
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closing its brussels robinson operation after the airport announced they would raise prices 11 percent. this comes at a time when most airports are reducing prices to recover lost traffic from lieutenant mc. the irish budget airline will continue its belgian operations out of brussels sharla airport. sticking with airports, news that thousands of flights were canceled under late in the us due to a computer system outage caused havoc in the travel sector and also brought shares and carriers like american airlines and spirit airlines down to earth. but airline stocks took off again as the federal aviation administration said, normal operations were being restored. well, for more on these developments, let's bring in young quarter in new york at the stock exchange. yeah. and seems like this should have been a disaster for airline stocks, but i understand things have turned around. so watch what's gone on. yeah,
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well christy, i mean that was definitely pretty rude awakening this morning for a lot of investors into the airline industry, especially in the pre market trading. we did see a lot of pressure on the airline as stocks, but then when the things got a bit clearer, they also calm down and most of the stocks off the big airlines ended the day in a positive territory. but the whole incident definitely shows how vulnerable the system overall is and everything is so tight in the airline industry. it's so tied to get to crews and airplane together that not much can go wrong to a guarantee as the most operating. and here in the us airline industry. ok, yann's tightness, vulnerability, we were just talking about airports, cutting costs to get pandemic traffic back. how is the industry sharing overall right now? well, i mean, pretty clearly. i mean, there is some pressure in that sense that costs have been increasing quite
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a bit when it comes to fuel when it also comes to cruise or 2 pilots. but having that set in general, at least here in the united states, the airline industry, it's an excellent shape. i mean, to begin with, during the pandemic, the industry got more than $50000000000.00 and governmental 8 the debt that, that definitely help. and now business is coming back that some airlines even have to reduce some capacity because they're still in some instances electing a crew members at this point. but overall, a demand is there in the upcoming earning season. we might even see some records earnings for some of the big airlines and we've talked about it a couple of times at this point in general at travel expect people are looking for experiences and part of this going on a vacation and going on a longer trip so in general, the industry is pretty go check against court,
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new york. thanks so much. well, we all want to do our bit of course, but doing the right thing can sometimes be quite expensive. while our shopping will often pay a premium if we want a product that is organically produced or ethically source, for example. so in economically hard times are people's usual standards taking a back seat. let's take a look. good soon. and 6 laura osler is doing well today. trade has been steady and her packaging free store in finda off. but that hasn't always been the case. and last year was particularly tough for her sustainable retail concept. for many sustainability takes a backseat, when times had tough. is frank that is all. it fluctuates, of course, but i've had around 20 percent fewer customers and a 20 percent drop and sales in the course of the year. the alice that's a big hit for a store like this one. i. nora osler is struggling. she opened
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his door just before the corona virus pandemic broke out. and then a year ago, russia invited ukraine. she worries constantly that she'll be forced to shut down. wholesalers like this company in bremen are also feeling the pinch here. everything is organic, almost everything is local. sales are significantly lower here to the managing director. would like to push organic products to the front of people's minds, again is self modesto. so on the couldn't mid i would say we should tell our customers, okay. it's tough right now. the situation is difficult for all of us, but let's see it as an opportunity and move forward and also tell the customers about what we're doing on how prices are developing and try to bring people to where the product to being produced. wouldn't hesitate to loiter a sophomore dot hensley, would you please don't hesitate. the transport cost of regional product is lower. that's why organic prices have hardly risen. the cost gap to conventional products
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is less than ever before. but consumers in these hot times a paying more attention to the wallets than they are ideal. if an ally, i'm alone, so i can afford it. if i had a big family, i probably could night with inflation odayes with 3 kids, but can't do it no smallest. it was like nora. osler's ecological grocery market have been hit especially hard by the inflation and energy crisis. she's already paid for all the products in her stock, and every little purchase helps and what the flat, even if it's just a bottle of dish washing liquid, it does make a difference. i understand. i don't think many people are aware of that, but then they feel guilty and worry about it. if i try to stay calm and just wait and see what happens in the height of observation. second, she can influence what happens in the big world outside finned off, but she hopes to make a small difference in her community. and here's
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a reminder of the top is the story or falling for year. this, our german police have begun forcibly clearing the westerman village of lute scott, where protesters are resisting attempts to expand a neighboring flick night coal mine. the government and utility company. art of u. e says, germany needs the coal to hold off an energy crisis caused by russia's worn ukraine . but critics say it threatens germany's chemicals. that's our sharp shell for more check us out a d, w dot com slash business, and the deed of the news you tube channels. thanks for watching. ah, conflicts own with sarah kelly, my gosh, this week on conflict zone is a renown foreign policy expert who has spent most of her career analyzing vladimir putin, russia. fiona hill joined me from washington where she has advised free west presidents and co author to book on. where does she think the wife heading?
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was this plan all along or had dec ethan power changed him conflict zone. fred, next on d. w. and we've got to understand that globalization works, but he does not reach more than 30 percent of the world population. very simple, and in the mediterranean as become a kind of grey sarcophagus business. it's business to come with your whole life. you move it into one of the many believe life is better in europe, but that's just a fantasy. globalization. where do we stand? in 45 minutes on d, w o is key about olivia negotiable as i get out of media may global law give up, garbage, done. but again, i just got into that and argued yoga or media. yeah. but sure to let up joel media
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dog. currently, more people than ever on the move worldwide in such a better life to jamalia videos, minute day katie mccloud good on a la guardia pier mag of appears imaging on does all a pierce him and his g school or that i'm was booed, that he gets expose, go to lecture oakia, that may not find out about ali story info, migraines, reliable nissan migrants wherever they may be. oh, my gosh, this week on complex zone is a renown foreign policy expert who has spent most of her career analyzing vladimir pollutants. rush up, fiona hill joins me from washington, where she has advised for us presidents and co author to book on pu, her testimony and the 1st trump impeachment trial made her a household name. bear. she warned. of the danger, prudent destabilization efforts post to western dom.

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