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tv   Business - News  Deutsche Welle  May 11, 2023 5:15am-5:31am CEST

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one strikes until the commander of these lemme jihad milton fruits rock is unit built in some gaza happened firing a hundreds of rockets towards israel as it is really military and carried out airstrikes that can suspect islamic jihad targets in gauze on tuesday. and you're up to date, but to stick around doc film is up next and it takes a look at the asian financial crisis. and it's after that, i'm here until berlin, thanks for watching and don't forget there's always more news and analysis on our website. that's dw. com and of course you can also check us out with social media, where handlers asked you to view news, the guardians of truth. my name is junk and and i have paid almost every price of being enjoying this in a country like to tease taking on the powers that be the risk. every thing
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john doing dar, s activist journalist and politicians living and anxiety too much on my shoulders. but i have to hold this weight because i'm responsible for the future follow country for the people who are behind the bus. they move for their mission. people need to know what is happening there. you know, are series guardians of truth. watch now on youtube dw documentary, the facing vice to retaliation reports. the european union is planning to impose sanctions on chinese companies accused of a think bushes war machine, or correspondence in type, hey, has the legs of the risking costing the globalizing. please speak to an
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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 is the only business i'm paid. ferguson, thanks for joining me. the european union is considering sanctioning 8 chinese companies accused of aging rushes war in 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. for more than this, that spring and dw correspondence, so it's on high in type pay high. so good to see how exactly are the companies on this list for it to be a thing? russians more machine locate the ukranian army is fighting more
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and 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 companies 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 i've told my t multi costs that are on the western session list. so now it's time for the west to a we know the advice of supply or parts of the west has been limited by stations. 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 as well?
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um, the chinese government always like to use the same level counter measures to retaliate . it's very likely that they will band the important ask for business of western military companies like what they did to lockheed martin or race in technologies in the us. to further delve into this issue, we have to know one very crucial material that's aware of us from china. for example, it takes more than 300 kilograms of we're or to make one at $35.00 by digit china is currently the strongest supplier of where ours and who is the world's leading, where our processing technology. so it's kind of based the exports of the squares to western military companies. the cost is huge. now, so china e u. ties are complicated to say the least. how do you see this particular move shaping the relationship in the future? well, the relationship between the you and china now is like a tic tac toe game. you wait for the others move to decide to and next step you top
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of specials a headset 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 dress 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 this game. it's a high stakes game of tic tac toe. we've had some fun high in type, hey, thank you very much. on germantown. so all have thoughts has also been weighing in on the question of you china ties. take a listen to what he had to say in an address to the european parliament. this one's a bit seals, heart relationship with china is aptly described by the terms partner competitor and systemic rival adhere rivalry,
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and competition on the part of china have undoubtedly increased the youth, sees this and the you is reacting to it. hopefully i agree with commission the president also underlying and there should be no de copeland couples, but smart. how about the risk getting the skiing now to the database? i'd like to bring in professor i got a whole now he's the president of the european school of management on technology has been looking closely at the question of the risking and the coupling professor what, what just being a capacitor and as a steam at arrival of china actually mean in policy terms so that there are different aspects which we can describe the. ready stripping when europe gemini and china, and it's very important to keep all these other ones in mind. at the same time, it would be unwise to the top of the relationship. this is a neutral region pending relationship between china and euro. and therefore, i would strongly arguing save all that present occasion. so this means obviously to
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keep ends banks and the ties to china, just banks and that even more with other pop ups around the world. yeah. and as you say, the whole question of the coupling and the risk and it means increasing self reliance, doesn't it? whether in supply chains or access to roll materials, how equipped is the you to less than it's dependence on china? to 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 case and went very quickly. it was very comprehensive. and so the situation was success up to this point. it's different when we looked at into sand xbox. and so in this case, it is not the companies don't want to sell in other markets, but some of these markets almost get s developed as it would need to be in order to sell products now. so therefore it is important that we take a long term,
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you and we take a us those markets that can also be coming more important in selling products. and we've seen a couple of these. the bonds as know when it's for example comes to alicia to get some certainly to india and probably more partners 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 exodus 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 talking about what exactly is entailed in the inspection reduction act when they find ways in order to take all those pots and all really protect and this, and drop the stuff, the interest of the home industry. at the same time, i would strongly argue in favor of reacting in the same way on the routine side
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about uh, using the available means in a more efficient way. and that means that they should also thinking about how to increase the supply of green energy by us in the spring coming and making more efficient the process by which the energy supply can be billed and as a final state fox along of or 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 worry 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 to existing or measure around it to remind us that's a well, it's global welfare is heavily dependent on free markets and the market. we,
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in particular, the united states and 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 about how come with markets in particular also for, you know, a tips and re products can be established on most of the other side 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 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 you'll see on extra pores, one company has discovered a way to source and extract this home. take a look. this design, drill reaches 3 and a half kilometers into the ground,
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making way for one thermal water to rise. the surface is used to generate energy. the sea of bulk and energy explained to the geothermal plants mechanism to a new worker via the size of the invoice. and here you can see the main engine a shaft connected to the mechanical part of the pump. that one pushes water up there as well. and then you'll see the insulated pipes that run back here low. they transport hot water to the geothermal plant, where we use it to generate electricity. but there's more at work in this pilot plant. for some time technicians have extracted loves him from the thermal water. a lab is still testing filters to efficiently do that. the ray or metal is found as lithium hydroxide, starting in 2025 bulk in energy aims to extract 24000 tons from the local water.
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that would be enough to supply $600000.00 car batteries. demand for the product is high, which is why even car joins to lunch, is invested in the project and size engine at this time. the biggest potential lies in rechargeable batteries for e cars, next door and, and becoming more independent from other countries. and that's what everyone in europe is really looking for, people in the area agree with the companies goal of becoming independent from lexi and imports. but they're not all excited about the geothermal plans. many in fact have run into problems that cindy of this it is. these are the tracks the 1st level, 2nd level and up they are. the 3rd level we, i'm the ceo of with we have shown that they're still earthquakes happening here often on. and that's the asymptote. currently don't even extract a lot of lift symbol. and this one here, your plans are to extract along with more in future,
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they'll be more drilling and more earthquakes. when we, i've often done these initially, i balkan energy, however, says the plan has been running without complications for 9 years. now. you can click on the training cent proponents of this project can rest assured that there won't be any damages. we have the data to prove that over the past few years, decades, then we've learned to appropriate the word with a ground here. the, the, a human, someone to clinton gain bulk in energy hopes that people in the region become more accepting. especially since let's see mix traction here happens emissions free. that's because 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 acute of aging rushes for and ukraine. it aims to prevent russia from accessing equipments that could be used in west and that's all from me
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. thank you so much for matching. goodbye, i'm thinking the enters the conflicts with sarah kelly. a carefully choreographed of russian victory day celebration was, ain, that's showing military might on red square this week. my guess on complex ellen is nina cruise to about. she has spent most of the war in moscow as russian for parents to face the ukranian counter offensive. co, shaky is prudent. physicians, thank you for inviting me conflicts own on dw asian financial crisis. at the end of the 90s, the global economy was on the verge of collapse. the same danger moved 10 years later. why does the global economy remain such a powder to?
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international experts are looking for answers, the asian financial crisis, and its aftermath. the nurse to us that's why we listen to their stories reporter every weekend on d. w. a carefully choreographed russian victory day celebration was a that's showing military might on red square of this week. but as proved and presided over the parade, she had little to show for the costly winter offensive. and ukraine have russians grown tired of the fighting. my guess on complex zone is nina crew stove up professor of international of.

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