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tv   Business - News  Deutsche Welle  May 9, 2023 4:15pm-4:30pm CEST

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house, next season on a massive deal was around $400000000.00 us dollars per year. you're watching dw, see as a reminder of our top story focused on sort of a prime minister in run con has been arrested. as he appeared in court to face corruption charges. officials from his ponti quoted, an abduction on the verge support us to take to the streets, commerce ousted to a vote of no confidence last year. that's it. from me, of the news team from out. don't go away. don't miss out on business. the news with kate ferguson, the every jenny is full of surprises. allowed to give you some time one day in the footsteps of the right people in your northern most count
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the police, the free time. but still very much alive. each of your guy to the special sauce in germany recognizes where exactly it was fine arts, culture history, all their travel extremely worth a visit. the millions of people into don are in urgent need of help us pricing between viable military function is continues with access to health care, food and fuel curtailed aid workers stay funds are desperately needed to ensure a basic needs are met off, ann dias, china sites
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a straight seiger's suggest weakening demand at home, alongside with increased appetite for chinese products, abroad. and construction is underway on what comes the world longest underworld, her frail on the road tunnel, lincoln, germany and denmark. this is the only business on kate ferguson. the thanks for joining me, aid workers and saddam se humanitarian programs are on the brink of collapse, of fighting between arrival military functions continues the u. n. refugee agencies as an urgency, needs more funds to bring supplies to the millions of people in need. hundreds of thousands of people have fled to don for neighboring countries. for those who remain access to basics like food of electricity is no longer given. there is still plenty of goods in this marketing was i'll have bossy, 100 kilometers north of the capital, costumed meat vegetables, live animals. but the armed conflict is hampering the traders. business is outside
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of it. it had a single that the wall sconces fuel prices have gone up. there's no cash, no electricity on them on line. agriculture is to dance most important economic sector, but exports to neighboring egypt to collapse because of the unstable situation. fewer and fewer goods are reaching the capital as well. there are growing concerns . the people here will soon not be able to feed themselves as well. and i expect all of the retailers in small distribution shops will run out of supplies within a month. the food supplies will be non existent because almost all food companies in costume have been looted since the beginning of the conflict is seen by. the threats of famine is looming. the conflict could permanently damage the country's economy. most of students, businesses are located in the capital and many have been destroyed or looted a coupon so, so, so that looks like the economy is collapsing and i'm afraid that it will. and many
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companies have been looted and taught, minus one of the lucky ones that happens with the listening security situation. it could to happen to us the only time i forget. obviously the suit in this conflict has road, have it on a country that was already facing a perilous future that spring. and i'll be a little dang, she's an independent east africa left available. many people incident are struggling to awesome. yes. well, these prior to this, you know, the breakout of the civil war were already quite difficult. um the country had been facing uh, pretty deeply sessions. and people have been very much hit by the global slow down the cream or so driving costs of energy and also food commodities was really hurting the population. as i live my own family and friends who were there are people who fall into categories and those who are already somewhat volleyball.
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so quite a few them are refugees from south to then. um and others are people who are heavily dependent on family members who live abroad, particularly in western countries or in the middle east or east africa. so the reality of the situation on the ground is that like every subject and completely disrupted in the economics, how about the country in the cartoon area? and on top of that base have been disrupted. it's very difficult to acquire many and transfer it. um and so you know that there are items available as, as low as the square up to just now the, the ability to purchase standards already uh is, is very difficult. um the price is obviously skyrocketed. and even prior to this price is there was already an issue for many people in terms of just a $40.00 um, what was available in market as well as those high cost,
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as well as being huge. damaged infrastructure has now i've been seeing some reports saying that 70 percent of hospitals into don are not functioning right now. what needs to happen to make sure the situation doesn't deteriorate even further? well, i think that the main thing is that there has to be a viable ceasefire. we've seen that every ceasefire has been, has been violated to some extent, you know, we begin to wonder whether either, so i can really control their truth. um they are obviously on both sides, being funded by paid masters, a broad continue to to somehow encourage them to find spike. uh oh um, also all the different sides urging them to the, to the bargaining table. so i think the main main issue for um, so that is for the national community to really have or that there will be about the questions to in violation of human rights. there's been a very quick shift in this price is to immediately focus aussies fire and on the pragmatism, but not really hammer again and again the,
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the human rights aspect of it. and i think this is a mistake because it almost feels like both sides feel like, okay, we're gonna, we're gonna do everything that we can to show that we want to negotiate. while on the other hand, we're also going to make sure that we secure a key strategic military um position, so that we're in that best space to negotiate one possible. so i think that this is also a critical mistake is not denouncing the human rights violations that are taking place and not promising that there will be follow up. and the ripley effects of this conflict go well beyond saddam as well. many, many people have fled to neighboring countries, places that are also key trading partners for the country. how well equipped are they to deal with this classes? as i see that almost every single one of the neighboring immediately neighboring countries of with the exception of many egypt, we'll have great difficulty in as worthy of such large population of refugees.
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obviously there's countries in the call like so. anyway, again, we have now begun to take people in but the country such as asia, it will be difficult. they already have a very large population to sit in these refugees there. they do have the logistic capacity to welcome people in, but the reality is that there isn't so much that can be done pretty uh, pretty strategies economically in the long term without international match or any aid. and then for other countries like china and stuff down there already. uh huh. okay. that already having their own crazy, we'd like to geeze displacement little levels of complex and food insecurity. it's almost impossible task to integrate the return use of their own countries and refugees from this crisis without a significant amount of international. imagine avery's specifically for the salvation. a desperate situation. there are a little dang, thank you very much time as
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nice as trace figures. our eyes on the paint, a mixed picture of how the world's 2nd biggest economy is faring. exports rose 8 and a half percent from last month. that slightly more than the boys pulled the economists had been expecting imports on the other hand, fell almost 8 percent in april compared to a year before assigned a weakening, domestic demand. despite the recent listing of pump out like restrictions, the license numbers leave china with a trade surplus of over $90000000000.00. so, earlier i spoke to sonnus 3 sir. she's head of money in marcus ad, hargreaves, alonza and i asked her if these laces trade figures were good or bad news for china . but as you say, it is a bit of a mix fact. meanwhile, it does point to cautiousness as well in the domestic economy because input. so then we did already have inputs dropped back and we didn't really have indications that this was likely to be the case because of closer with the expectation
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of possible targets for the global economy. i had digital surprised perhaps fast chinese consumers and also companies as well. um, you know, a little bit more cautious market losses on us each other now is to the baltic sea, where construction of the world longest underwater rail on the road tunnel is under way. the 18 kilometer passageway to, to be completed in 2029 will link denmark and germany, the 10000000000 euro project crosses a stretch of the volt, exceed known as a c mon belt. and we'll have to double lane motor ways and to electrified rail trucks. in our next report, usually at the people making it happen right now, it's not much more than your ups largest construction site on the cost of denmark, 2000 workers are busy preparing for the total. it will consist of prefab elements like this one. they're currently undergoing testing of the inside and
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the, let's see here, malcom, this is what makes these elements specialist at the port as one piece. so usually we would 1st and pour the foundation that the walls on the top. but here we are doing the whole segment as one piece. i'm going to better control any tensions we might otherwise encounter them. we have to prevent cracks and make sure everything is absolutely watered. tite necessarily to put this in the prefab segments will later allow for 2 tracts for trains and 2 roads for cars. each one is over 200 meters long and 40 meters wide. that'll be built a land lot into the sea and connected to the depth of 30 meters to contact the, the, the we know the digging here will destroy some rece. but not too many. what destroying point 05 percent of reason to see. and this is this, and we'll plant new res, elsewhere instead, and they will cover
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a much greater area than what we have so far. we have to no, no, no, i'm still in the same on top of the list that connect denmark in germany running underneath the baltic sea passengers and cars and trains will see travel distance is cut by 160 kilometers train trips will be 2 hours shorter it was the number one to find out for guess what? current traffic forecast says we will have 111 trains taking the tunnel road every day. and that is what we need to run this project profitably. so cars starting in 2030, we will likely have 12000 taking the tumble every day on the german coast. construction only started the 2021. lawsuits had to leave the project here, but now it's full speed ahead for a project that's been in planning for more than 2 decades with us because he knew it was a fine indeed amount. it takes
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a long time to navigate the approval process and deadlock in germany as well as repeating that mention of the city on we had to be really patient to get here to make sure that all rules regulations, the stipulations of being followed. both really on the drum and the end, the danish side book, they kicked down to void of the initial that's off the thought to. as i said in denmark, the current can work some of the entrance to the tunnel what traffic will be flowing in just a few years. and the reminder of our top story aid workers into don. so your monitoring programs are on the brink of collapse, of flashing between bible military functions, continues hundreds of thousands of fed to don for neighboring countries. many who remain are struggling to access basic supplies like food and seals. and that's it from me, from where you can always check out to give me the comments slash business for on youtube as well. for me to you is good bye. take care the
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