tv Business - News Deutsche Welle February 13, 2023 2:45pm-3:01pm CET
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also coming up, new research reveals how much europe has spent to survive. the energy crisis will ask, can countries afford the bills high? tugging up the hard string. growing competition in australia, harvard is putting a family business up with girls. hello. this is d w business. okay. ferguson, thanks for joining me. it's now almost a week since a devastating earthquake had to turkey and tyria. as many as 50000 people may have perished, millions more homeless and struggling to survive amid the ruins of their former homes. that disruption to infrastructure on trade has of course been significant to let's take a look at the situation in turkey in particular, and the energy sector and the b t see pipeline that transports oil from other by john on conflicts on to j. hon on turkeys mediterranean coast. it is out of auction
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off, the terminal was damaged in the quake. the disaster also caused an explosion at a gas pipeline near the city of car, a man morass, in southern turkey, leaving numerous provinces without their usual supplies. now, earlier i spoke to reporter acro mackie gee, who covers the turkish economy. i began by asking him how big an impact the pipeline coders are having it. well, the destruction is massive, but we have an update actually about the b to see pipeline that arrives in j to be for, for the, for the oil shipment out of turkey. we now know, i know that the damage has been repaired and the and the shipments are human. currently. i believe that from last night, but the local instruction love, local infrastructure that could damage and thousands of houses and industries that cannot get gas energy and power to operate and to heat basically. so the situation
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is still in turkey, but the pipeline will probably the back to normal in the coming days at a slow pace. ok, so there's a very small amount of promising news there. akram, but you know, turkey has this talk said introduced many, many years ago. and earthquake talks, it was supposed to shield people from the effects of disasters like this, particularly when it comes to building better quality homes. there's a lot of anger right now about where those funds have gone, isn't there yet? that's true. there is a lot of anger, there's a lot of discussion about it's the earthquake or quick text or how's into me and how's instrument system has been introduced after 999. the big earthquake and assembled 7.4 magnitude. and we know that almost $50000000000.00 had been collected from taxpayers in turkey in oldest time. but now what was the restoration of pen
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cities and it's part of turkey. and what we're witness is that no guidelines have been followed. now, nothing has been done basically, and how the causes of lives are paying the price for that. and we see that all this, all those funds have been diverted into other rather popular investments like adult constructions or infrastructure renewables, but not, not for the next week. so the scale really is absolutely devastating across a key g. thank you so much for the update. and we do apologize for the low quality of that line now to some of the other global business stories making news. this is why the japanese government is set to nominate casual ada and academic economists to lead the bank of japan alongside to mail deputies. it's a major blow to gender equality,
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advocates who'd hope to see a woman holds a top position for the 1st time in the bank. 140 year history with one of the government says it may sever ties with diamond giant bears. if talks to re renegotiate a sales deal, don't work out at issue or the terms of an agreement concerning the marketing of precious stones produced by the world's largest diamond producer deb swanner, in which the government and the beers hold a 5050. thank. now europe fail to tackle the energy prices has climb to almost 800000000000 euros. that's according to research, just died from brew gold think tank. germany is the largest overall vendor with luxembourg on denmark. the biggest per capita funding for bill is on par with the $750000000000.00 euro cobit 19 recovery fund.
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now for more in this, we can speak now to maria demantzy from the brutal institute. maria, this is a colossal bill. com e. u. countries afford it? yes, because the answer and we've seen that the economies, if anything, are actually improving this year. so this has been a very good way of blocking moderating the blow coming from the energy crisis. there are big differences between the countries in terms of how much money they have invested, ranging from 9 percent of the fee to some countries all the way down to close to 0 . very small amounts. on average, we'll see about 3 percent, 4 percent of g d p funds that have gone to either support consumers and paying the energy bills or giving money to companies so they can stain their employment levels and up to the production levels. and on that germany is holding the biggest portion of this bill is this largely down to its bigger lines on russian gas, or is there anything else to play here?
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that's why it's more of the biggest 3 or 4 countries that are more 7 percentage points of judy pain and help times to the, to their economies, the respective economists. indeed, the energy dependence in russia and the energy mix in the, in each country's economy, has a very big role to play in terms of both of the impacts and economy. and subsequently, also the ability to try and moderate that impact germany had had one of the energy bill of energy mixes that actually was very much hit by the russian invasion a ukraine. but it also has the fiscal space to pick up the bill, and that is why germany is actually doing that. it actually can afford to and that's what it's doing. all right, it's changing, talk a little bit. the e u has just revised its growth forecasts up slightly for this year from 0.8 to 0.9 percent. not a dramatic move may be, but does that signal about inflation may finally be under control? well, the 2 things here. one is growth, as you say,
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i think the overall overall impression is that the european economy has actually weather to the energy crisis better than we had originally anticipated. a lot has happened, of course is done, but it's of course, good news. it comes primarily from the fact that the industry, but am i manufacturing industry has been remarkable in either finding other sources of energy or actually becoming more efficient all the way down to actually not seen very big reduction. seen the manufacturing industry. that is a great, a great thing that has happened and it has really help on the inflation side. on the other hand, says energy still is not really resolved, it's been tackled, but it's not resolved. and he still feeds to inflation. but we have actually seen that the energy component of inflation is coming down. and therefore we can say that inflation has peaked over the component lation for which there is a beacon to something about has not picks actually something like this. it will have to be there. unfortunately,
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maria dimensions. thank you so much for your insights. much appreciated that's go to western australia, know where smaller talk both operators are fearing for their future as multinational, interested in transporting resources like coal are and or, and minerals or spurring competition. harbor is pricing the smaller players, the waters. when you think of a tug boat, you probably think of a small boat helping out a much, much larger one. but in western australia, the little guys are now at risk of being capsized by the colossal competition. that's because western australia's energy and mining industries are booming and that's leading to more interest and competition from international players. a lot of these larger companies loc decline that because they albright across multiple ports in multiple countries, that it makes him stronger. personally, i don't think that's, that's the ideal solution. the mackenzie tugboat service has been in the family for 50 years,
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broke mackenzie is the latest family member to join. the business is very new. female tug mouth is even in the marine industry, especially the tug industry is very few women in i think i'm probably one of them be less than 10 in wy, i would say recently the mackenzie's last operating rights in the port of banbury to mares going to companies that sir, later this year, the contract operate here in the poor of s. bronze will be up the mackenzie, say if they don't get that contract, it could sink their business. one solution, invest in their tug fleet so they can haul bigger ships. it'll grow from 3 to 4. yeah. way we need 3 operational tugs for the lodge type ships. but to buy another boat, the mackenzie say they need financial help in order to navigate the rough seas ahead . if you've had to look for an apartment and a big city recently, you may be all too familiar with the problem of housing shortages. rapid urban eyes ation has left authorities struggling to keep up with to month. materials
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a fide finding construction workers isn't always easy. time perhaps to enlist the help of a robot friend. this dog is only a prototype, but right now it's using a laser to scan this construction site. the label rover is documenting what has already been done, and whether any mistakes were made. the high tech device can cost as much as a mid range car would a can quickly pay for itself if i've thought there have been significant advances in technology and on digital platforms before it was very difficult with tech to work any well in job sites. because it's typically unfamiliar territory, and there's little standardization as i have been extremities yet as here in switzerland. this robot is working on a scaffold. it has a particular skill,
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the necessary tact for welding balance. in our process, the robot pushes against the reinforcement to make a contact well, which means there's a force algorithm running here with load cells to apply material in a controlled way. and the snotty alden, even the quantity of houses, is kick. honestly, it's not about being fast, are better than a human at all. it's simply the ability to ensure a free form. so you have more flexibility in terms of shaping of flexibility that tubs. mitsubishi after form gable, into by the rise robot, is making its debut. it's taking over the world of elevator shaft filters and high rise buildings. the robot knows a lot include in which drill to use. the robot receives the configuration file, including programming info that is specific to this elevator shaft. it has to recognize the dimensions and know how many hold us to drill. despite its advantages,
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only a few have been sold so far. the construction industry, liens traditional and all over the world, it's difficult to innovate. it's a slow process, but it's still happening right now. but the robots are coming. more new mechanical helpers are on the way to the market. like this one for overhead drilling. while robots are making construction cheaper and faster, experts estimate that it will take at least another 10 years before they hit the mainstream. thanks so much for watching tickets with
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ah, everybody knows fuels made from petroleum was large amounts of c, o. 2. are synthetic combustibles known as the field. tentative with scientists are researching that production. how exactly does it work? and do e fuels have a west energy balance to borrow today? in 90 minutes on d w. what are sports all about in winning fighting scoring we say they're about never giving up the most exciting sport stories about people,
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their passion and their dr. sports life. every weekend on d w, the only way i can be on top is to create my a story with just a click away. majority of the destination, right? find out based documentary is a can name, treat a construction manager. mean a i witnesses report or you pull a story of resilience rushes more in ukraine. one years since the invasion
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began. we take a look back into the future in slowly in february on d, w. ah this is the w news live from by land, but i told him the turkish necessary an earthquake reaches more than 35000 un wards . that number could double those more bodies are discovered also on the program. the cranes military has long been asking western allies for high tech weapons now it seems that even bullets are in short supply.
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