underwater canyon helps generate the enormous waves. hundreds of spectators watch on from the cliffs. numerous surfing records have been set at the sight. you're watching dw news more and more. you bodies are banding, tick, tock christy plots, and has all the details up next in your business update. i'm aaron talking berlin. thanks for tuning it. ah interest. the global economy, our portfolio d w. business. beyond here the closer look at the project. our

mission. to analyze the fight for market dominance is to this is wes, get his debit head with the w business beyond what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage site. d w world heritage 360. get the app now. mm hm. ah, china slam, they tick tock band in the u. s. federal agencies have 30 days to remove the chinese owned app from employ phones as can serve over spying. grow will get more on the reaction from washington. and i'm an american microchip manufacturers are

eligible for major government funding, but the cash comes with strings attached. we'll get more of this from wall street. and renewables are becoming more attractive, but also more expensive to expand. we'll take a look at a conundrum in pakistan. welcome back to another d w a business. i'm christy plats, and bringing you the latest from the business world. china has accused the u. s. of suppressing foreign companies and free enterprise after the us band, the use of chinese video sharing apps, tick tock on government mobile phones, canada and the european parliament also announced such bands this week concerns our growing that the popular app could be used for espionage. here is more, canada has been tick tock from government phones saying the chinese app carries an unacceptable risk to privacy and security. otto will also buck federal employees from downloading the app in future. we are making the decision that up for government of employees for government equipment. um it is better to not have them

access tick tock because of the concerns other people have in terms of safety. this may be a 1st step. it may be the only step we need to take, but every step of the way we're going to be making sure we're keeping canadian safe . in the u. s. federal agencies have 30 days to remove the chinese owned video platform from all government issued devices. contractors must comply with in 90 days, the white house set on monday. the decisions further strain sino western relations which have been troubled in recent years. most recently over western accusations that china could use data to threaten cyber security, neighborhoods ally, she's in the united states. the world's number one superpower, is so afraid of a mobile phone application that young people like so much that they completely lack any self confidence. again, we firmly oppose the u. s. sides wrong approach of over reaching in national

security, abusing national power and unreasonably suppressing the companies of other countries . in 2022, tick tock generated $6000000000.00 through advertising in the us alone. the company is afraid of losing the lucrative us market. the same could happen in the european union. last week, the european commission told both members of parliament and employees that they must remove the app from any private devices on which apps of the commission are used. or for more and as we go to in a st. paul in washington, now in us, donald trump had moved to band tick tock in us while he was president. but joe biden undid that after he took office. so why as his administration now moving head with implementing the span for government employees? well, you know the debate about tick tock becomes more and more politicized. here in the u. s. the closer we come to the presidential elections in 2024,

many republicans to say that the ccp this is the communist chinese party, is baptizing the ad not only to gain data, but also to use its power to after all, decline western her, influenced by influencing the next generation with anti western propaganda. so there is an increasing pressure on president biden to act and this is why they put out this bill today. okay, in as well. this bell, this only applies to government issued devices. the banner hang about ought to day, but is this the 1st step towards an a ban outright of the app and you s quite frankly, it is hard to imagine the tick tock will be totally bend here in the u. s. why is that? it is already a far too important for businesses to advertise their products for politicians to reach their constituencies and, and after all, there is a lot of money involved,

not only for a china, but also for many, many companies here in the united states. so as for now we are awaiting to hear from tick talks c e o is said to testify before congress a later that month, month. and then i think we will have a little bit of a better sense where washington stands on this issue. however, we also have to keep in mind that neither the fcc nor the pentagon could easily just enforce a band, because technically tick tock is just another platform to practice a freedom of speech. and this is the 1st amendment right, right here in the united states. certainly a nuance situation in uh, st. paul in washington. thank you so much. well, sticking with tech, the u. s. government will require chip makers receiving subsidies to share excess profits. the byte administration announced on tuesday. the chips act is

a cornerstone of the government's plans to compete with the likes of china and global markets to secure the supply of semiconductors, which are increasingly vital for electronic supply chains and national security. the act plants to hand out some $52000000000.00 to boost semiconductor production. but now companies are learning that the cash comes with a cash. well let's get more for on this from our correspondent teddy auster at the new york stock exchange. hi there, teddy. tell us what are the stipulations for chip makers that would receive this funding? well, the original stipulation, of course, from the ship's legislation, is for the semiconductor manufacturers stability here in the united states. but the commerce department just rolled out some more stipulations that includes us getting return on investment if you are capturing some of those excess profits from these companies. more than that, we are also seeing requirements of a more detailed project plan to influence more encouragement of union labor,

but also discouragement of stock buyback. now the big one that we're looking at is child care they. these companies are going to require be required to give workers affordable and well, good quality child care. now overall, this is pretty significant to see industrial policy here in the united states. but with these controls on where the profits for go, it's very significant how these are pretty new stipulations for companies receiving this kind of funding. i mean, what do you think they think it goes too far? well advanced micro devices, texas instruments, companies like these certainly are going to find it harder to swallow. now these companies, of course, really are not going to want to hand over these profits, but the stock buyback. well, companies like intel, right? we see them very generous with dividends. very generous with stock buybacks that boost the stock price by it comes at the expense right. of investing in the production, the infrastructure. this is, of course,

the whole point of the chips legislation. now bite in with this childcare provision, this is a bigger, excuse me, a small dent in a larger widespread program that they would like to do, which is to invest in care infrastructure, right. which would relieve some of the burdens on, especially women workers. i was teddy austria in new york, thanks so much on now to some of the other global business stories making this volkswagen is facing criticism from human rights activists and its work council. after the head of its china business said he saw no signs of forced labor when he toward a plant engine jang. earlier this month, the un meanwhile, has documented forced labor ended detention camps across the region. germany's leading airline has unveiled its new 1st class suite beginning next year. lufthansa passengers will enjoy large video screens and wide seats that can be turned into flat beds. as part of the 2 and a half 1000000000 euro investment,

the carrier is also revamping its business and economy glass cabins. oh, surging energy prices over the last year or pushing more countries to get serious about shifting to renewables. but with constant power cuts and the economy and shambles for a country like pakistan, the green transition is easier said than done with crumbling infrastructure decades old power lines, massive blackouts, and high electricity prices. this is life for millions and pakistan, especially in rural areas. businesses are hardly better off 9 hours of power cuts daily, and it is much more expensive. now if it was 400, it is now 2000 rupees loc as us entity sector heavily relies on fossil fuel. 64 percent of its electricity is produced with imported oil yet. thank good to raising through and gas prices often rushes in region,

a few green is good in countries like bucket son who take that put measures. what did felicia, from dimensional video with energy sources in the mega city of karachi, the doctor roost house civil hospital is an example for energy transition. that snow lack of sunshine here, and the roof so large enough to generate lots of electricity using solar panels. dozens of photo tag modules with an output of one and a half megawatts power the hospital maintenance engineers say at our cell on our li, says the solar system will run for 2 decades, at least in the gutter. and these panels produce up to 7000 kilowatt hours of electricity every day. that covers around 40 percent of the hospitals toward la electricity needs sla, daily spots aren't so little bit that the pakistan aims to generate 60 percent of its energy needs from renewable sources like wind and solar by 2030. currently,

only 2 percent is generated by solar power. mohammed ali runs one of the many shops for private customers looking to make the transition to solar panels, which are becoming more popular. but record inflation is putting a damper on solar projects. because he come bills are now price is a higher than before, even though taxes and solar equipment are less now. but prices are according to the exchange rate. when the u. s. dollars expensive prices are much higher. let me jump over it. switching to climate friendly renewable sources in pakistan, it's like a race against time. here the threat post spec climate change can be seen on a regular basis. last years, floods alone, cost damages were $30000000000.00. what to do when you're lake fills up with litter? you gone and james catawba has come up with an interesting answer. he gathered the plastic waste on the shore of lake victoria and turned it into

a tourist boat. catawba 1st started building the boat in 2017 and this led to his creation of a sustainable business, a floating restaurant and bar to serve tourists visiting kampala. he says the boat is made of 10 tons of plastic and can accommodate over 100 people at a time. that's our so you can find us on youtube and facebook. we'll have more for you tomorrow. take care with a in a globalized world where everything is connected, all it takes is a spark. to set things in motion. local

hero show out their ideas, can change the world with global 3000. next on d, w. transporting goods to europe. what's the latest on china's new silk road? rushes war against ukraine has disrupted traffic on important stretches of the mammoth network. companies are switching to safer routes. what are the risks and causes of these new supply chains made in germany? in 60 minutes on d. w. ah, with getting ahead, using tech, as our documentary series founders valley colleagues,

africa to meet the founders. empowering their continent through digital innovation transformer, work in health and living can in their country. and inspiring with their ideas. condo valley africa watching out w documentary ah ah, welcome to global 3000 nourishing us. why fertile soils the key to feeding our growing global.