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tv   Business - News  Deutsche Welle  May 10, 2023 4:15pm-4:30pm CEST

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we will not lose the election. we will win the election. thank you for your time. talk to should kalash marcy. thank you sure. and the time people think send the final around 100, have drawn one all with mattress to city in the 1st leg of the to game time. and this is doing you have scored 1st for around 100 buses. kevin, to brian and level the match for city in the 67th minute. the 2nd netex base. i'm interested in next wednesday. that's it from the avenue stream from i'll stay with us after 12 break. ferguson. we'll have the business of that. god office. thanks for the people in trucks inject, when trying to free the city center. more and more refugees are being turned away. these correct only pieces. extreme.
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200 people around the world. more than 300000000 people are sinking because no one should have to make up your own mind. w made for mines or the staging vice to retaliation reports. the european union is planning to impose sanctions on chinese companies, accused of 18 russians war machine, or correspondents in type, hey, has the likes of the risk getting the coughing the globalizing,
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please speak to an expert about rising protectionism and the subsidy rice, the pacing up around the world and it's known as white gold, lithium is a key material in the drive towards electric mobility. now, a german company has found this in an online class. this incidentally business. i'm paid ferguson, thanks for joining me. the european union is considering sanctioning 8 chinese companies accused of aging rushes, war, and ukraine. the proposed measures are part of a renewed push to prevent russia from accessing equipment that could be used in weapons. some of the firms in question have already been blacklisted by the united states using says, able retaliation against any use actions from or in this at spring in d. w correspondence. so it's on high in type pay heights, so good to see how exactly are the companies on this list for it to be aging rushes more machine ok. the ukrainian army is fighting more and
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more chinese parts in russian weapons used in the war, especially the electronic components for the 8 chinese companies. most companies are electronic distributors. their products can be used by russian company to supply military equipment. for example, the hong kong bass came pie technology supplies micro electronic products to russia for weapons applications such as cruise missile gotten systems, another company. so you know electronics supplies, items to russian, defense, procurement, giant radio and app to my t multi costs that are on the western session list. so now it's time for the west to a. we know they have wash, the supply or parts of the west has been limited by session. so now it's time to stop china from doing so. so china says it would react, quote, strictly and firmly to any you sanctions. how might that response look in concrete terms? well,
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i'm the chinese government always like to use the same level counts and measures to retaliate. it's very likely that they will band the important asked for business of western military companies, like what they did to lockheed martin or re fi and technologies in the us to further delve into this issue, we have to know one very crucial material that's aware or from china, for example, it takes more than 300 kilograms of where or to make one at 35 by digit china is currently the strongest supplier of where ours and who is the world's leading, where our process and technology. so ton of best the exports of a squares to western military companies. the cost is huge. now, so tiny you ties are complicated to say the least. how do you see this particular move, say thing, the relationship in the future as well, of the relationship between the you and china now is like good tic tac toe game.
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you wait for the others move to decide to and next step you top officials have said in china that how china continues to react to pollutants. war of aggression will be the decisive factor in the future relationship between the you and china. but his stress that china has not sold weapons to russia, but the new now is taking a huge step here to a cold the fight in some instructions. warning, telling china not only just weapons, but also items that couldn't be used in military activities should be on the watch list. so it's kind of turn now to decide it has to bowl and we'll see how the china will continue to play the skid rest of the european parliament ones. a bit seo thought relationship with china is aptly described by the terms partner competitor and systemic rifle. and here, rivalry, and competition on the part of china have undoubtedly increased the you seize this and the you is reacting to it. hopefully i agree with commission the president also i found a lion and there should be no de copeland couples. but smart. how about the risk english going now to be?
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i'd like to bring in professor i got a whole now he's the president of the european school of management on technology. i'm had to be looking closely at the question of the risking and the coupling professor, what, what just being a capacitor and the systemic arrival of china actually mean in policy terms. so that's the template that there are different aspects which we can describe the relationship between europe, germany and china. and it's very important to keep all these other months in mind. and at the same time it would be unwise to the top of the relationship. this is a neutral, competitive relationship between china and euro. and before i would strongly arguing, save all that visitation. so this means obviously to keep the springs and the ties to china and the strengths and that even more with other pop ups around what or yeah, and as you say, the whole question of the coupling and the risk and that means increasing self reliance. doesn't it? whether in supply chains or access to rule materials,
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how equipped is the you to less than it's dependence on china? so we need to differentiate between the supply chains and let's say it's market. so when we look at the points on the situation, when it comes to russian gas by some coal and the rest of the energy, we saw this of the that was the occasion when very quickly, it was very comprehensive. and so all of the, the rest of the nation of success up to this point. it's different when we looked at into sand xbox. and so, um, in this case, it is not the companies don't want to sell in other markets, but some of these markets almost yet s developed as it would need to be in order to sell the products there. so therefore, it is important that we take a long term, you and we take a us those markets of can you spell out, you know, also becoming more important in selling products. and we've seen a couple of these bonds as no when inflation also comes to alicia to get not i'm
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certainly to india and probably more companies to follow. yeah, and i want to look at another key relationship. neither transatlantic one. the ear has been scrambling to forward his response to the us inflation ok, which is fear it could cause an act of those of companies to the us. hasn't managed to ward off that danger. so as well, it is important that you're in the united states. a need to continue in talking about what exactly is entailed in the insights reduction act remaining. find ways in order to take all those pots in our release protection, this and bravo own use of the interest of the home industry. at the same time, i would strongly argue and say, well, not reacting in the same way on the routine side about uh, using the available means in a more efficient way. and that means, but these are also thinking about how to increase the supply of green energy by us
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in the spring spring and making more efficient. the prophecies by which the energy supply can be billed and as a final state fox along of for the supply. it really be billed and this needs to be fast and made much more efficiently. we do seem to be entering a new air of states subsidies, so don't we, whether it's the inflation reduction act or the green industrial plan? do you think this is a race of tough or a race to the bottom? so it is not advisable to really follow this as basically a race to the top incense all you more on i'm tall, existing measure around it to remind us that's a well nobody welfare is heavily dependent on free markets and free markets. we, in particular, the united states in euro and a to strengthen these markets, should always be the focus of the discussions that are not taking place on the political level between the united states and europe. and really trying to think
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about how a call in markets in particular, also for, you know, a tips and re products can be established on the sides of the atlantic. all right, cool, hold from the european school of management on technology. thank you very much. thank you. very much i and staying with the green economy, the move towards the electric mobility has led to a search and demand for this the i'm. the element is a key component in batteries as well as devices like smart phones and laptops. here in germany, most lithium is imported mainly from australia. but as we'll see on extra pores, one company has discovered a way to source and extract this home. take a look. this sign, drill reaches 3 and a half kilometers into the ground, making way for one thermal water to rise. the surface, it's used to generate energy. the sea of bulk and energy explains the geothermal plants mechanism to a new worker. yes, the size of an ocean here,
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you can see the main engine a shaft connected to the mechanical part of the pump. that one pushes water up there. and then you'll see the insulated pipes that run back here low. they transport hot water to the geothermal plant. well, we use it to generate electricity. but there's more at work in this pilot planned for some time technicians have extracted loves him from the thermal water. a lab is still testing filters to efficiently do that. the rare earth metal is found as lithium hydroxide, starting in 2025 bulk in energy aims to extract 24000 tons from the local water. that would be enough to supply $600000.00 car batteries. demand for the product is high, which is why even car joints to lunch is invested in the project and size engine at this time. the biggest potential lies in rechargeable batteries for
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e commerce and, and becoming more independent from other countries on the, on the status of what everyone in europe is really looking for. people in the area agree with the company's goal of becoming independent from that same imports. but they're not all excited about the geothermal plans, many in fact have run into problems that cindy, this is, these are the tracks the 1st level, 2nd level, and they are the 3rd level the we, i'm the serious of cuz we have shown that they're still earthquakes happening here often on and that's as we're currently don't even extracted a lot of the symbol. and this one here are your plans or to extract a lot more in future that would be more drilling and more earthquakes. when we have often done these additional bulk in energy, however, says the plan has been running without complications for 9 years. now, you can click on the training set. proponents of this project can rest assured that
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there won't be any damages. we have the data to prove that over the past few years, decades and we've learned to appropriately worked with the ground here, the. the youngest one, the quantum gain, bulk in energy hopes that people in the region become more accepting, especially since less you mix traction here happens emissions free. that's because of the hot thermal water that helps generate electricity, is renewable source. it cools off and is pumped back down on the ground. and a reminder of our top story, the european union is considering sanctioning h. chinese companies accused of aging rushes for a new crane. it aims, prevents russia from accessing equipments that could be used in west and that's all from me. thank you so much for matching. goodbye. i'm thinking the,
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the global economy runs on ships of the manufacturer of mike cru, chipped taiwan has made itself indispensable. possible invasion by china is adding to industrialized countries tree is a dangerous shortage of ship. could so well do without tie. one outputs of semi conductors made in germany. next, on dw of the, when i heard the verdict, what i felt was deep sorrow for the state of the judiciary and the judges in my country. the turkish human rights activist osmond color has been in solitary confinement for over a year charged with an attempted coup. he was sentenced to life in prison. last
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month, kabbalah shouldn't be in but there are many prisoners who are detained or sentenced by means of arbitrary decisions. osborne cut a voice from prison starts may 12th on d, w. the, the power of micro tips is enormous and has catapulted a small island nation into the i have a g o politic.

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