also coming out of india, clarkston on goal smuggling with another proposals, a cost import duties on the pick list written come on the safe and will take you to the us state of nevada. whether brace to mind, lithium has a connected legal possible between indigenous people and the federal government. this is d w business. i'm head ferguson. welcome. massa, the parent company of facebook and instagram says they will allow former us president donald trump, back on it's platforms following a 2 year ban. the company suspended trumps the kinds in the wake of the capital riot in 2021. but now says, quote, the public's should be able to hear what the politicians are saying. the move with allied prompt to communicate directly with his 34000000 followers and to resume direct fundraising on the site. critics accused the company of pushing profit over people's safety. now india is expected to slash the import

duty on gold to undercut smugglers government backpedaling on an earlier policy. last year, india actually raised the import duties in an effort to bring down the deficits that the higher fees turned out to be a boost for black market. operators who smuggled golden from overseas, ansel, it for cash to avoid duties. the government, the hopes that causing import duties again comes in time to lift sales during the upcoming peak season. for gold, india is the world's 2nd biggest consumer of the commodity. that for more in this we can talk to d, w correspondent tiro car to k in delhi charo. give us some context here. how big a problem is gold smuggling and india? well, it's a huge problem gate. oh, there's huge demand for golden. india is the world's 2nd largest consumer of gold after china, and are imports and most of, and, and very little of it has produced a domestically. so most of this demand is made through import imports. keep rising

every year. but so does smuggling tons and tons of gold, a smuggled gold is confiscated every year by the authorities and engaged by government figures suggest that in 2021, 22 gold worth $5000000000.00 indian rupees was confiscated. now this was just the confiscated smuggle, smuggling at the 6th smuggling that succeeded could have been much, much higher. so government has been thinking of ways to counter the smuggling, but so far to very little success kit. okay. they've had very little success. well, best to fish and actually come up my going to thing where it remains to be seen. kate, it's easier said than done what the government is planning is that has been thinking that dan has been a baton whenever imports grow go up. smuggling also goes up, so governor has been thinking that if it slashes the or duty then or the bureau of retail prices of gold will come down and retail sales will improve. the thing is

that does smugglers give huge discounts? so it's, it's a very beneficial proposal for those who indulge in the smuggling of gold. so it remains to be seen whether just slashing, import duty will bring down smuggling as well or not. interestingly, just about 6 months ago in july last year, government had significantly raised the import duty. so this is a kind of for you turn in policy that government appears to be taking. remember, these are only unconfirmed reports. government is yet to announce this. slash and import duty, kate and terry. you mentioned that most of the indians counted important, but could there sufficient half an impact on the domestic refineries that are, are facing the country was certainly get if this decision is taken. ah, good refineries and banks are they've been asking for their decision in fact, for a long time, because the kind offer discounts and the kind of cheap prices that smugglers offer . it is very difficult for refiners and the banks to match those offers. so they've

been asking the government for a very long time to reduce the duty you to use them roughly around 18 to 19 percent at this point of time, which is very high and which significantly takes the price of gold or upwards just duties ago. gold hit an all time high air gold prices hit an all time high in india, and are refiners and banks have been asking for a very long time for the reduction in this import duty. such remains to be seen whether this is actually done or not. but yet, refiners would certainly be happy if that has done kit, or i terrified. oh, thank you so much. it's to lebanon. i, where are farther plunge in the countries currency has prompted protests on the streets of favorites. lebanese households have been suffering through one of the harshest economic downturns in recent history. many people say they simply cannot take more pain. the anger outside lebanon central bank is palpable demonstrators, bern tires, rural rocks, and call for financial reform. that's largely due to the fact that the lebanese

pound has lost more than 90 percent of its value since 2019. 0 for, for this used to buy a kilo of meat for me and my kids. now it doesn't get me chewing gum. our kids are hungry, we're hungry, dropped the dollar. we want to live, have mercy on us. i people protest fell little is being done to mitigate the economic disaster. no jane and, and we've come out to tell lebanon central bank chief, that their mistake and policies of let us hear, and that someone should be held to account. they should work to return the strength of the lebanese pound to what it was, and return the country and its finances to what they should be better than many midway. it isn't a cool one of those gathered here. have a few proposals restructure banks, implement capital controls and reform bank secrecy laws. a similar scene is playing out in iraq, rockies protest in front of the central bank,

asking the government to intervene and the decline of the dinar. the currency dived after the new york federal reserve imposed tighter controls on international dollar transactions resulting and increase prices for imported commercial goods. but demonstrations here seem to have made some impact. iraq's prime minister replaced the central banks governor siding, his inaction back in lebanon. the governor of the central bank rashad solomon remains in his post, despite being accused of laundering public money to europe. and the country has yet to reach a bail out agreement with the m f. a consequence of a government with a divided parliament, adding fuel to a growing fire. now to some of the other global business stories making news, german software giant s a p is to cope 3000 jobs, the 2 and a half percent of the company's global workforce. it says it wants to cut costs to

focus on its cloud business and is considering selling its remaining stake in us software maker qualtrics. it follows math layoff at google, microsoft, amazon. and in stark contrast, germany's economy minister, robert ha back says nearly 2000000 jobs need to be filled in the country. that figure is significantly higher than the 800 fives and vacancies released by the federal statistical office. the government says it wants to change laws to address address the lack of workers. british annual car production has dropped to the lowest level since $956.00. now due to global shortages of semiconductors, which have limited capacity to make cars at home. you case, biggest foreign owned auto manufacturers made 277-5000 vehicles in 2021. that was 41 percent less than the previous year. electric car maker

tesla made a record $3700000000.00 profit in the 4th quarter after price production on some models for demand. the company is hoping to build 2000000 cars this year as it seeks to keep up with a strong competition from china. now to the united states where the government is in the middle of an ambitious push towards the green energy, a key part of the plan involved switching to electric mobility. but the lithium needed for evie batteries is still in short supply at present. there's only one operating mine in the and plans for new operations at fac, our path and you are state of nevada has ignited a legal battle between indigenous people and the federal government. i reported stephan theme and visited the potential fight. ah, believe it or not, this is the only major operational with your mind in the united states. the silver

peak mine in nevada, silver peak is a so called groin. mine, lithium is drawn and extracted from brian that is in the ground water. the process involves a network of $22.00 pumps, running $21.00 square mouth and takes 18 to 24 months at the end of this lithium or white gold. as they want to get up to, you know, between upwards of a 1000 matter times an annual production. $8000.00 metric tons of lithium per year . soon. sounds like a lot. it is not, in fact, it will be less than what was the demand for lithium in the u. s. 3 years ago in 2020 air go the u. s. as a lithium problem. just about 50 miles from the about us northern border with oregon. second pass is supposed to be the future side of a massive lithium, open pit mine and process facility spending at least a 1000 acres or 7300 hector's. it is believed to hold the largest this im deposit

in the united states. not only do we need this project for national security purposes, but we need it for the environment. so we're, we're committed to doing it right. we're moving forward with preparing for construction. it. however, like a purse is not only the traditional homeland but also sacred ground for the indigenous vases of the where she shook paiute and decision at least 2 tribes by the lawsuit that ends of stopping the project. a sec appears completely that the people know that mining doesn't also just bring jobs, but it also brings annihilation to homelands and will, will annihilate indigenous peoples way of life. there are also none. indigenous people who have concerns about lithium mining attack a pass queue mex wilbert. for him a member of deep green resistance, an environmental group that some brand as radical. the idea of mining and take

a pass is fundamentally wrong, no matter what. going up, the mountain isn't green, and blowing up a sacred site isn't right. there's nothing more to it. ah, here is where different world shoes conduct a court decision about the pending lawsuit against the money project is expected to be issued soon. and i remind her of the top business story we're following for you, this our mazda parent company, a facebook and instagram says that will allow former us president donald trump, back on it's platforms after a 2 year bond in the wake of the capital riots, the move would allow trump to communicate directly with his 34000000 followers and

access fundraising on the site. critic se massa is pushing profits over people, the safety that wraps up our show for more. you can always check as d, w dot com slash business were also on the t v news future channels to find us there can you can for me and the entire team, it's provide them with

a signaling latvia, he had to beat scott is worry about rushing propaganda spreading like oil will to sins media will divide the country. after all, every 4th person here has russians, roots, and nearly everyone has a tv with 30 minutes w. o. in wide wing extremist, i suggested again, well maybe a couple late and burned in south africa. people with disabilities more likely to

lose their jobs. independent, make black lives matter. shine a spotlight on racially motivated police violence, same sex marriage is being legalized in more and more countries, discrimination and inequality are part of everyday life. for many, we ask why? because life is diversity. to make up your own mind. d. w. lead for mines. ah, leonardo da vinci's, mysterious masterpiece. this perhaps the greatest leonardo masterpiece in the collection of the louvre and no, it is not the mona lisa. it is the virgin of the rocks, 2 versions, multiple copies, and a hidden drawing. was there another symbolic meaning to this beautiful baby that

perhaps we just don't understand? a search for answers starts february 10th on d, w ah, ah, ah, this is dw news live from berlin lasher attached to ukraine as the west promises more military support. ukrainians take to bomb shelters and made a barrage of missile and drone attacks. the strikes come a day after germany and the us played the same tanks to get cracked, also on the program as russia attacks.