of the and before we go, here's a reminder of our top story. the syrian president bush are all a side, has been a welcome back to the summit of the air league and saudi arabia. syria was suspended for 12 years over as long running civil war. besides, as he's hoping for a new era, a regional co operation that you're now for business with chris kolber, he will look at the economic issues dominating elections in greece. thank you so much for watching the guardians of truth. my name is junk and and i have paid almost every price of being enjoying this in a country like thirty's, taking on the powers that be the risk. every thing john don't

r 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 culture 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 out of the backseat into the voting booths. greece is holding its 1st election since spending controls imposed by the heavily indebted countries. creditors, and it will tell you how the economy is faring and what's on voters minds. also coming up in 29 teams, italy and china agreed on

a multi 1000000000 dollar deal as part of the buildings belt and road initiative. it's all for a new old put rome once out. tell you why. i'm 1st coldwell bought from the program for the 1st time and more than a decade greeks will go to the polls on sunday to elect a leader. no longer confined to steering the country's economy from a back seat, according to opinion polls, the primary concerns for those casting their ballots or installation of the economy . the ruling new democracy party left by can react grossman so talk is, is making a strong bid for a 2nd term. but they can serve this promising to build on tax cuts and achieve 3 percent annual economic growth. well, so much while the problem is, as of the future agrees, this recent past has been quite dire though badly hit by the european debt prizes in 2009 greece needed a more for and money to survive and return. creditors demanded half the public

spending cuts which left the deep scars among the republic. the spending controls ended last year and ever since there appears to be some positivity as the w's jack power comports. the backbone of greece is economy is small businesses like this 124 k olive oil based here in the city of patrice. so this is, this is your best product coming out of here. gold crystals, the root gets us, wants to expand the family business. he still see 10 years ago was now employees, 9 people, only 15 percent of his products. he sells in greece. the rest he exposed to the united states, egypt, germany, and across the u. a protection against any potential economic worries here, boy will land mileage everything down there and go to the next step and big your facilities for us and the server and exports to also some other countries. the only

warning about us is the cost. how to keep the costs and lower levels, the olives used, but here's what we will come from 6000 trees, doctor to laser the region. crystal, as i say, is in this crow makeup part of what's expected to be a bumper yield hall. this for green olive oil produces this. yeah. but on level production only makes up 9 percent of greece is entire agricultural i put the sustain grows here. all of the countries industries need to keep expanding. the grease is national debt in 2022 reached over a 170 percent of g. d. p. still the highest in your but that's a full 23 point. 3 percent full from 2021. when it was nearly 200 percent of g d p. none of the policies likely to succeed in the upcoming elections with introduced policies to stop that debt reduction. according to the governor of greece in the

central bank, when it's a case of greek 40, because the system has led lessons hardly from from the cartridge. i think nobody would dare to buck the block. the progress of this country has made over the, the previous thing here. progress based on she would sacrifice, which will be good. but i cannot make x bus one. the buying was still need more freedom to lend to small businesses. out of almost the one medium. small businesses, only $30000.00 or so met the criteria, were meeting the criteria of the of the bunch or for borrowing. which means the money is very, very tight. whoever takes power off to the upcoming elections news. they need to continue to tap into the power of growing businesses like the 24 k olive oil company. and now to some of the other global business stories making news.

germany's tax index on blue chip stocks and a new record high on friday, reaching $16294.00 points. shares were listed by growing optimism that you as lawmakers will hammer out a deal to lift the debt ceiling and over a confidence, chattering the faults of the european stock market were also points. german carmack or fox wagon says it has sold as words and assets to the local dealership crude. avalon, this comes as part of europe biggest carmakers exit from russia following the criminals invasion of ukraine. the sale includes the flagship collusion factory which employs $4000.00 people or do you 7 leaders are meeting in japan currently and along with the russians warn you crate on how to further respond to it. china is high on the agenda of the 7 leading industrial democracies of the world. the 7 member, italy, for example, back in 2019 struck an investment deal was basing as part of china's mass of belt

and road initiative. $2500000000.00 are on the line, but role appears to one out it's 2019. the year the head of chinese states headed his way into this. this signature is made utility, the 1st 27 country to take part in china as new, so called infrastructure project, officially known as the boston road initiative on the phone. now he totally is planning to hold talks with china about a potential exit from badging flagship investment program. but rome is trying to do that without antagonizing china and putting commercial ties and venture to make it very blunt. i think that china on the tell you will probably agree on the next it strategy that is not to be single. i'm that we not imply retaliation. i think the negotiation probably is happening in these front only between

20202022 china interested through on 16000000000 euros and infrastructure projects . in addition to previous investments in the part of 3 ester and the container terminal near general, the b, i remember on the more understanding states that the domain is valid for 5 years. and is it from what degree extended for another 5 years, unless terminated by either party utility has to make that decision in 2024, a number of other european countries that are also part of the belt enrolled initiative. including some of you members like last 3 of which has find a corporation to china as a lie. russia has not signed a b, r i memorandum of understanding, but it does also have a cooperation agreement so who benefits most from the b r i projects some funding in the end all roads lead to badging trade with

china and all of these countries because of the improvement in, in transport infrastructure with china is linking these countries further to tying up, but rather in the rather a balance way meaning imports from china. so the trick that fits is our growing except for countries exporting commodities because commodity prices are very high. but that's, that's so it's a very big as the metric gain for the time being time is running out. the g 7 is taking place in hiroshima on 19th of may. when prime minister georgie r maloney will have to reassure her reston elyse related or i spoke to francesca directly a belt and rode expert at merricks demarcate or institute for china studies. and i asked her how likely it was that china that italy can out of this deal without disturbing its traits, ties with type to i think he said he would very much like that to happen. i don't

think there's been attempts to make that happen, including for cruising alternative agreements, not necessarily the renewal of the m o u, but there are a lot your agreements, especially economic agreements between your tea in china. my size is that there is no much have besides engaging to accept this sort of axis strategy. and therefore, i will not count too much on these auction is actually because china seas, these events, you as a victory for the united states, more than 40 to be self. now if we think about this on the ation, this is still a piece of an open question. we've seen that product of whole countries, the last of the 16 plus one framework with china, between central and eastern european countries and china. i've been the society being a evan necessary to receive the passions. so there's a difference between the 16 plus one framework and the bathroom recognition. the bathroom really needs to be as much closer to teaching as

a senior and is much more important for china as easily as well. is also quite an arch country was the 1st g 7 countries to joined. the stack developer really needs to see. therefore, we don't know whether in this case indeed indeed with the castles may occur. is francesca get ready of the mercator institute for the china studies and speaking there. and you can watch the entire interview about china's belt and wrote initiative. what it means to many of the countries beijing has invested in and how this massive project is being viewed with in china leadership on our latest in our latest dw business special available on the dw use youtube channel. it is to free lock in which has launched a projects to electrify, half a 1000000 of its took, took taxis over the next 5 years. with the help of the you and development program, the aim is to become less dependent on fossil fuel imports. something for lack of struggle for months to pay for. when the all of nations financial reserves drops to

record low. there are 1200000 took, took some sri lankan roads. the name took, took comes from the sound, their engines make as they sputter through the streets. but that sound may soon be history. representatives of the sri lankan government and the united nations have presented a petrol fuel. took, took, turned the electric, curious to alaska. the ongoing going on a cruise crisis, jet exit eyes by the limited access to affordable energy, reinforces the need to invest in renewable energy option and also to freeze out fossil fuel. the pilot project will support the conversion of $200.00 took to looks . and if it's successful, the government plans to electrify half a 1000000 to dukes over the next 5 years. it is mainly for the enlightenment that you are not actually anything any that accomplished gases,

as well as for your pocket, because you will be completely saved the few that you are blending, the pictures that drug costs you will be only charging the the electric make on using the electricity, which is more cheaper than purchasing fit for the electric took, took, couldn't travel 80 to 100 kilometers per charge. but with very few charging facilities available, many of 3 line coast took, took drivers are skeptical that it's practical or the 150 k allow me to hire. we will get stuck out of way and we will have to stop take 5 hours to charge the battery and then continue. we won't be able to get home that day, but the next day this isn't unsuccessful project. the critics also point out that more than 80 percent of sri lanka is energy comes from fossil fuels like oil and coal power outages are also common. however, the government aims to achieve 70 percent electricity production from renewable

sources by 2030. so that's our so thanks for watching have a great weekend. the absolutely o t c isn't uh it's virus has a new stage of pressing that who took care of. ringback the who is behind anonymous collective or is that call themselves or just a person? is it? i mean, you look at anything, what could hundreds do,

but you'd be surprised or delusions of grandeur. i mean, i think we came by the early spring pre convince we were all gods, the police dw, but he's got any issues or thoughts say what the the the.