a new plant in murray, tanya will provide germany with green hydrogen, much needed after losing russian gas and a residence in argentina, find themselves having to compete with tourists for housing as more landlords charge, rent in dollars. this is the w business. i'm janelle dumas on. welcome, fox con wants to boost its production in india as the company seeks alternative production sites outside of china. fox con, which assembles i phones for apple, is aiming to rely less heavenly, heavily on the world's 2nd largest economy. beijing 0, coven policy force that fox con to cut production from month. geopolitical issues, including concerns over a possible chinese invasion of taiwan, are also a growing concern. as firms could be vulnerable to any future western sanctions imposed on aging. our correspondent charge cards a k,

a joins us now from delhi. hi charo. now, can we tell at this stage what this deal will mean for india's economy? well, janelle, of earth, 1st of all, are these seem to be unconcerned. unconfirmed reports because fox gone itself is yet to confirm. in fact, on saturday it a very give out of etiquette statement and saying that it has not entered into any binding or a definite of agreements with any of the state government, odd federal government at india. however, the chief minister of the state of good nautica had did announce that the so this deal has been signed and are so bo basically were whatever a little we know about this is because of the statement of the chief minister. and he said that this plant is going to create about a $100000.00 jobs locally. now this would be a major boost for the employment situation in the country. also, there have been a report that this will be a $700000000.00 investment, which again, is

a big deal given the current investment climate, as well as the unemployment situation. janelle, so final confirmation stella ada. but those are very big numbers. now, indian china of course, have been jockeying for regional economic dominance. what do, what do the news like this mean for a race like that? will generally definitely mean an edge for india and of this kind of buzz has already been generated because fox cons chairman has been visiting india. in fact, her, his recent visit lasted about a week long and he met of various officials who mr. murray mc chief ministers of various days and he also met prime minister there in the movie. so the buzz is very clear of. we know that fox one has already had a presence in it for a long time. but now the chairman's week long visit and these other reports seem to be suggesting that fox gone is definitely i x expanding in india,

rather moving a lot of business from china to india. but of course, they're a big numbers involved. so this shift might unfold over a long period of time. janelle, as you say, they're not the only deal involving fox con on the table in india or more. can you tell us about fox kinds presence there? well, fox, one has already been making i phone's inundate, has had a, a facility in the southern state of time in law to since 2019 dad facility employees are free. about 35000 people. apart from that, or when the fox con sherman was in india recently signed a deal in another south in the state of for, for our telling gonna we're, a new home has been created for which is known as a prototyping center. apart from that does, there are reports that deb fox gone also. what also wants to get into electron ago manufacturing of electronic vehicles in its new facility,

which is likely to come up in bangalore, income nautica. and then it is also i in the semiconductor space, which india is also trying to promote the federal government is trying to promote india as a semiconductor destination of the future. and fox gone, i was reported you planning a joint venture with bid under to enter a semiconductor to merge set up a semiconductor manufacturing facility as well supplied a lot on the cards. are there janelle, tara kaiser, k r from dally. thank you very much. now to some of the other global business stories making news, the dodge government is planning a new restrictions on semiconductor technology. exports to quote, protect national security. the u. s. o. first imposed sweeping restrictions on china last october. but in order for the restrictions to be effective, it needed key suppliers and the netherlands and japan to get on board talks had

been ongoing for months. us crypto lending bank, silver gate is shutting operations. it was one of the major banks for crypto exchanges, like defunct f t x. silver gate says all deposits will be fully repaid as the company winds down, the bank has been struggling for months. it reported a nearly $1000000000.00 net loss in the 4th quarter standard and poors as downgraded south africa outlet from positive to stable. citing severe power outages no locally as load, shedding wide spreading power cods are carried out several times a day by state owned energy utility as con, to avoid a total collapse of the grid with outages lasting up to 10 hours. the future of european energy could rely on africa with lots of sunshine and wind. much of the continent is ideal for generating clean electricity or for using it to

create another clean fuel hydrogen. now, the united arab emirates, the egypt and germany, had struck a $34000000000.00 deal, and malware tawny up, where they'll build a hydrogen facility near the capital new walked shot. it has a plan capacity of 10 gigawatts. the output of roughly $5.00 to $6.00, a standard nuclear power plants. the 1st phase of the project is set to be completed by 2028. now stuff and leaving is the c o of con young thought the german developer. on this project, we asked what made my re, tonya, a good partner for germany. america is considered to be one of the best locations worldwide to produce hydrogen, because it's a blessed with a great wind and solar conditions at the same time, which is important to run in a pharmacist plans along the clock on. so we believe technical and commercial conditions are very attractive and will retain yet has been a stable or

a country in a region that sometimes assert rescinding difficulties. and the government has expressed strong interest to build stronger relations with germany. and this could be a 1st fletcher project that will strengthen, tyson things, because mauritania couldn't become a significant supply of green adequacy and green energy to germany. stuff even talking to my colleagues, christy plaids and their 2 argentina now and residents of windows, iris and other argentinian cities say that unregulated tourists rentals are pushing them out of the housing market. that as tourist dollars are quickly becoming more preferred among landlords as an inflation rate close to 100 percent, pushes the value of the argentine pedo down torture. get us a suburb of white house aris, gustavo duarte had to move here and into a home without running water or sewage. it's almost 2 hours by bus and train to the

argentine capital. gustavo used to live in the capital, but then his rent was said to increase by 65 per cent. what he looked for other options, he found many apartments in the city were being offered only to tourists on platforms like air b and b. booking, mercado libra or zona prop in apple at the forum on most of these recognize such platforms that types of search, for example, either permanent or temporary rentals. and if you set the filter for permanent apartments, those are not available yet. but if you look for temporary rentals, options appear here, but i see an alternate jervey. cl munoz is the president of the argentine tennis association. he shows a map of the 20000 apartments in buenos aires that are offered on air b. a. b munoz is calling for the regulation of tourists rentals, just like in other cities around the world such as paris farce, alona, berlin, or new york. it follow sequoia show what i like. this type of business should only

be able to operate in a very touristy areas, where there must also be a percentage of tourists rentals. also, the number of nights for a tourist rental must be limited selected to boise, if on a local group. alejandro is a retired chemical engineer who inherited his mother's apartment 10 years ago. he had been renting it out to tourists for 8 years. so he government, in my family, we've had experiences in the past with apartments that we rented out. the tenants never paid the rent or so those people lived there for free for 2 or 3 years. the president of the argentine real estate chamber admits that taurus rentals are reducing this life permanent housing. but he blames this mainly on a law that has extended the term of rental contracts since 2020 for this new law does not allow,

at least to be signed for less than 3 years. and the rent increase will not take place until at least one year. but then inflation has already been up that rent increase. we have an annual inflation rate of almost 100 percent. while gustavo has to get used to his new home, the government of what else areas has not yet outlined. next steps to combat the larger problem. air b and b only answered that quote. they will continue to work with authorities and other stakeholders to find solutions from a b spoke suit to an english draped fit for a duke. civil row in central london is an illustrious name in man's where and now it seems for women's where to one taylor on the famous fashion street is catering specifically to women. having survived, the pandemic brags and the cost of living crisis. the company says the future is now looking bright as more and more customers are coming in. welcome to london's saddled road where british gentlemen have been buying high and suits since the late

18th century. in 2020 the deck opened as the 1st to women's only store. many thought it wouldn't stand a chance, but it's been so successful. it just moved to a larger location to meet the demand of it's $1000.00 plus push customers. we have historic, more difficult bodies, but bodies that don't fit the form of what society tells us. it should be straight up straight down on having brass this size or above this bagel. and so it's been a huge struggle for women forever to try and find clothes that fit them as they should and have clothes rather than them squeezed themselves into, into clothes and, and make that was a 2 piece suit cost. well over 2000 euros. now that's a lot even for a high end clean and tell we're looking at doing a payment plan solutions and stuff to be able to you know,

allow more people to shop with us. and also looking at bringing a very kind of small curated beet line and ready to are made by our same tailors at is more women fill upper management roles. the owners best thing on her store to thrive on civil row. that's her shell. thanks for watching. ah, thing with

they want to live their love freely. and that's why that packing dancing and victoria are leaving russia forever. who has the news against homosexuality? a constant be guessing harsh. i'm with the russian states is also waging who in turn against the l. g. b. t q class community focus on europe. in 30 minutes on d, w. o. the only way i can be up top is to create my own and discover

a story with just a click away. majority of the destination right. finds out this documentary on to a commentary. what are sports all about? winning pointing scoring. we say they're about never giving up the most exciting sport stories about people passion and their dr. sports life every weekend on d w. a thought say, well, great a with

this is b w. news. why? from russia unleashes a massive missile attack on explosions and even around the country. target energy infrastructure and hit residential buildings. look at the latest from our correspondent in the ukrainian capital, georgia backtracks on it.