is on an authoritarian now don't forget, you can always get d w news on the go. just download our app from google player from the apple app store. and that will give you access to all the latest news from around the world, as well as push notifications for any breaking things. and with that, you are up to date businesses up next, followed by conflicts and his panelists, debate the answers to the fake news. no, lemme stick around for that. if you can. i'm and you can begin and thank you for watching. ah, so i was just rescuing data from a farm this one this body job with i found it like this and i couldn't just leave it there. i should meet you. this is such a great burden. it was so dirty in cleaning it,

turn the entire bathroom into a map. so this is the water birds 1st. well, one of the most beautiful moments i've ever experienced with dr. series about our complex relationship with animals. well, i think i will live long enough to witness the end of factory farming. the great debate this week on d. w or ah, the european union has a relaxed state aid rules for green technology in a bed to compete with washington's generous funding. is this the start of a subsidy race? also on the show in germany, the economy and agriculture ministers had to latin america to super charge climate

co operation. and believe it or not, the 4 day work week is proving especially popular among small businesses. who knew this is the double your business. i'm janelle dumas unwelcome. the european commission has relocked state aid rules for green technology companies, in an effort to stay competitive with the united states. according to newly revealed plan for each member states can match government subsidies provided to other countries to ensure investments are not being diverted away from europe. it's a clear response. the united states inflation reduction act that grants subsidies the companies in green energy and technology. and that according to brussels, has given the us an unfair advantage in attracting such business. my colleague, kate ferguson, has been following the story. welcome kit kit. tell us that. why is there such an sense of urgency around this?

for i think i can best answer this question with a really concrete example. janelle, so earlier this week, german car die and fox wagner said it was we considering its plans to build an electric battery plant in eastern europe. no. why? because it figured it could benefit from $10000000000.00 worth of subsidies at a similar facility in north america. no, that of course has set off the alarm bells among european union officials, especially at a time when they're really looking to lead in the area of green energy transition. and they really got into a little bit of a tailspin about this. and they said, ok, look if you're a company that makes solar panels or heat pumps or electric batteries, please don't leave. we will are for you whatever benefit you've been hoping to get in the united states. that you is begging companies to stay. that's a great look. so how our investors are feeling about these plans in europe? well, i think it's fair to say that any mechanism that leads to a thriving green energy industry in europe is going to be of interest to investors

. but there has been a lot of concern on a lot of legitimate concern. you can say about whether the european union can actually afford all of this. some are talking about this idea of a state subsidy off. so in a sense, a tit for tat spending war, which will just lead to a drain in public finances and french president emanuel my call. he's been especially outspoken about this. he has actually called the us inflation reduction act, a threat to the west saying it will fragment countries. and so i think at this point, investors are really hoping that they'll be some diplomatic action. and european commission president also found a line is actually in washington state for it talks with you as president joe biden . and there's some hope that they will come to an agreement that will lead to a kind of a free trade zone for clean energy. and that would certainly qual, fears that we're about to embark on a another era of transatlantic tre tension and no subsidy raised. then hopefully kate ferguson. my dw business colleague there. thank you so much.

germany's economy minister, robert havoc and agriculture minister 10 austin here are traveling to brazil in columbia starting on saturday to discuss trade and climate change policies for sale . latin america's largest economy is seen as leading the charge in the renewable energy boom in the region, which its immense potential for clean energy. brazil is determined to lead to climate change race. a recent report by the global energy monitor shows that with 27 gigawatts of utility scale solar and wind facilities, brazil, latin america's biggest economy is already driving the green energy boom in the region. and almost 10 times of debt is planned to be operational by 2030 c u. but as you, sir, for me, thanks andre electricity production potential and to the resources we have. brazil could certainly be a major producer in the coming years. one of the largest producers of renewable

energy is especially in solar power. sonya literacy version her bills. he google, he goose get each day. but according to g, m analysis, latin america has the potential to be a worldwide leader in renewable energy. the countries in the region planned to launch nearly 320 gigabytes, so solar and wind power projects by 2030. that amount accounts for approximate to 70 percent of the regions total electrical capacity from all resources combined. the abundant wind and solar resources in south america generate tara, what's of hope for a greener future. daniella allow her of the european union, latin america and caribbean foundation e l. a. c foundation, joins us now. welcome. so your organization works on the strategic partnership between the you and latin america. how much potential is there for renewable energy cooperation between the til 1st of all,

thank you for having me. thanks bye. they addition. so as you know, the community of lemonade can and carry and see, and the european union has expressed in the yard ministries a meeting in when, as i was last year, they said he a renew in i reach out, appreciate it specifically august all sustainable development. and energy corporation in the says, as it was mention our recently latin america has gone the last to the gate a substantial progress in 1000000 real energy markets and also bigger sci fi in its energy composition. therefore, around 33 percent of the total energy supply, the region comes from renewable energy and also 61 percent of the electricity generation. for brazil is 84 percent. therefore, in this context the, that the,

the good as that be great amount of low cost. we owe energy that are each in the region under relatively clean energy mattresses, rather allow the region to have also a potential of green hydrogen industry around to read to have a really, really exerted green hydrogen industry. that is one of the potential corporations of whether we have already heard on solar energy and also wind energy and another. these are, it's also important to remember that mary maker, there's a great amount of canyon around for energy transition is for example, 61 percent of the global league reserve is located in laughingly, as well as 39 percent of the raw cover. so all these, as i said, low rise renewable energy and yes and, and also the, the minister are in the region, has potential of boosting

a corporation know also industry now denila agriculture, of course, also a key focus of this visit from the delegation. so what kind of discussions are you expecting briefly if you could? yes, we're on the one hand, it would be interesting to note that this young man's and you know, last year in order to boost your skin. and also in the last, you know, the last gene is expressed interest. also in that, in more sustainable culture in brazil, which is going to be one of these cautions. now this is, you know, another, a discussion all current or just isn't going to lunch. i was called the kyra he's kind of started, he's not gone too old for to make it ok for july

and i'm very sorry. we're going to have to leave it there than you know of the like the nation. thank you very much for your time. thank you very much. now to some of the other global business stories making news. indonesia has unveiled the construction site of a new capital twice the size of new york city to replace the overcrowded and rapidly thinking capital of jakarta. the $32000000000.00 project in the jungle is being touted as a sustainable forest city. animal rights activists say it shrinks the habitat of endangered species such as iran good hands. it was president joe biden has announced his federal budget plan, including a 25 percent minimum tax on billionaires. he aims to strengthen asians deficit by nearly 3 trillion dollars by raising taxes on those earning more than $400000.00 a year and nearly doubling a capital gains tax of 20 per cent silicon valley bank says

at last $1800000000.00 in sales of securities in an effort to raise funds with interest rates rising as the he saw heavy withdrawals and needed more liquidity, as may be worked with over half of us tech and health care start ups. a chairs dropped a 60 percent on the news, taking other u. s. banks down as well. now i'm talking to you on a friday. if the 4 day work week were in place and i should be well into my weekend already. now that's not quite my reality, but small businesses and london have held on to the shorter work week model beyond a pilot program widely considered successful. over the last customer of the week comes in on thursday. because in this bicycle workshop, frames are only repaired for days a week. the fridays are off a dream for shop owner, anna, who's drawn all fears overboard. you know where the customers going to be upset

because they in or they can only come monday to thursday and are we gonna have problems with suppliers and getting things when we need them? but then there are other things like and are we going to create some kind of hell week, whereas monday to thursday is just really horrendous. for the past year. her employees have been coming to work half an hour early up to this allows them to organize their day to compensate for the hours. they don't work on friday. it also increases productivity. all the while getting paid the same or that that makes you want to work harder. you know, you don't mind putting in the effort because you know that you're, you're getting it back and you feel, i think probably feel more valued. it's a model that's been working at other companies to largest trial in the world.

$61.00 british companies tested the 4 day week for 6 months. the majority want to keep it that's because 39 percent of employees were less stressed. the companies reported 65 percent a few sick days and increased revenue by 1.4 percent. a key factor in this with employee satisfaction, according to the studies authors, health and wellbeing of employees themselves. that has been around effect, so not just and basically working people to the bone. you also increase the quality of their work increase in the loyalty and half of happiness, not having to recruit all the time or will struggle to retain staff. in fact, you have a strong company with workers who are happy and attentive. it's the same at the bike repair shop. although his workload has remained the same, jack feels much less stressed with the 4 day week. it's great, it gives you time to relax and unwind and still have time to get chose down to the

house and spend it out with the partner. so it's a huge improvement. say general balance here. they want to stick to the 4 day week and wish each other a nice weekend when they leave work on thursday evening. we should all be so lucky, that's are so thanks for watching. ah . enter the conflicts own with sarah kelly. as force of war of aggression against ukraine raises on the battlefield, it is also using information campaigns to promote both narrative in a conflict. so special ed unit security conference i at the high level panel help

him win the battle against the information conflict with our sports, all with scoring we say they were about giving up sports like every weekend on d. w as versus war of aggression against ukraine ranges on the battlefield. it is also using just information campaigns to promote false narrative in a conflict. so in special ed immunity security conference, i spoke with the czech republic, foreign minister nato's assistant secretary general, google's president of global affairs, and a south african dis, information specialist. how can the truth win in the.