according to the country's economy, minnesota is been speaking sifting. w a state of your business on robots invalid. welcome to the program. germany's public prosecutor's office says it's frozen more than 27000000, your eyes and assets belonging to lebanon's central bank governor. germany has issued an international arrest for reinstall and may accusing him of financial crimes including the loan during a $330000000.00 is also being investigated by several other countries. france, among the 72 year old, was once seen as the guardian of lebanon's financial stability, but is now widely blamed for economic meltdown to began in 2019 speak to unexcused over and from the middle east, sent out the london school of economics. thanks so much for joining us now. i just wanna get an idea about who we have selling may is and what he's been accused of by gemini and by others. what can you tell us too?

well, so let me ease festival set to be one of the responsible see goes behind the economic crisis that have thrown the cost of the lebanese calculations depot betsy. and he's currently being tossed of money laundering and investment. but it's important to stress that his responsibility for the crisis actually goes beyond these charges. so. so that means the architect behind the so called financial engineering policies, which i've seen as a main drive up the lebanese crisis. and he's politics, are these policies briefly explained? and showed that private things and nothing on which allows you owned by the brooding indeed, what paid artificially high interest rates for the dollar deposits. they have placed in the central bank. and i was away for the central bank to attract enough dollars to keep the value of the lebanese pound stables. but it also resulted in the accumulation of wealth in the bank sector. and the move which to positives, who were offered sky high interest rates for the deposits and that these banks. and

we took them over 10 percent. so it's really something that's in distance lenses for them to pay the money in the bank rather than investing them in these businesses. i think what people will be wondering when we say that germany's issued an arrest warrants and actually other european countries are investigating fronts, is also issued an arrest warrant. why is a so interested in this issue and his handling of the finances? nothing on as well. one of the reasons is that you are being countries has been putting money into left and on, and i'm very interested in also trying to stabilize the lebanese economy. nothing on has been promised because financial resources and several times around. and in order to get access to these resources, they need to deliver financial accounts, abilities, and reforms. so europe, in countries i'm interested in finding out or improving the transparency of the revenues economy. so they can stay blogs, the country essentially,

that secures interest for your team. countries and keeping the lebanese economy as stable as a 10 because a decent close ation of less than a could ultimate the results in various security threats, including refugee streams from from the country. havoc is dino ryan from a let's go to talk, you know, x that now some of the other global business stories that are making use they've done so as buying a minority stake in italy and carrier ita for 325000000. yours. it will also have an option to take over the rest of the company like to idea is the success of to ally talia which went bankrupt. stanza has long been trying to gain a foothold in it. today, i, the present galactic has completed a final test flights of thoughts taking paying customers on short trips to space 6 of the company's employees. aboard the flight experienced a few minutes of whiteness. the 1st commercial flights will be

a science mission with the it's highly and asked for, followed by paying customers. we've been waiting for years and tech is currently has fall into a new rack or low against the us dollar ahead of this weekend's presidential election run off. the laira has slips to 20 to the daughter on the prospect of ad one's re election. he's currently leading the pose against his political defendant come out of kenny strode, springs. economy minister has told the to be a business, the country is ready to become your energy hub. nadia california has been speaking to us as span names to establish itself as a key strategic source of power for the rest of the you. the country is banking on renewable technology and in particular, green hydrogen. they looked like potholes on the way to an indoor sky slope, but it's too warm and it's utah for that. and what's trickling isn't snow either.

it's fertilizer and that needs hydrogen. lots of hydrogen can. you can leave it as is component to from them. and the hydrogen is critical for ammonia production is what i might depend, that in turn is the critical ingredient to make fertilizes that we sell it as a single see on this up until now, hydrogen has been produced with natural gas. so this plan and put the yano it severely climate damaging to another more nickel good for every ton of ammonia. we produce natural gas images, 2 tons of c o. 230 barriers, one of your largest fertilizer manufacturer as it aims to be climate neutral by 2035. and to do this, it needs above all cleanly produced hydrogen. the energy company bedroll law is to supply it. and even though this hydrogen plant is your largest, it is still only a drop in the bucket you bedroll, i supplying, says $3000.00 metric tons of hydrogen. why?

160000 metric tons of it is needed by fertilizer manufacturer, us. but it was a matter of learning how to integrate green hydrogen into the production process. and that's what it was. it was now that we have the experience of this plan does. engineers were ready to build another plan and even bigger one in terms of operation maintenance. but it depends on the client's requesting. like in spain is the ideal country for green hydrogen lots of space. lots of some booming solar production can supply lots of cheap electricity. without it green hydrogen is still too expensive. but more and more hydrogen means more and more water is needed. the production of one kilogram of 3 and hydrogen uses 9 leaves of water in a part of spain that display by drought. but they don't worry about that too much input to yano. mean then for the cell most replacing grey hydrogen with green hydrogen means actually saving water because the production of grey hydrogen takes

about twice the amount of water has green hydrogen investigate. i keep killed at some points. pain aims to produce enough clean hydrogen and ammonia and even exported. because in spain, fatty bailey, uh, along with refineries and steel mills, need hundreds of thousands of tons of green hydrogen per year. but let's find out more about spain's green energy funds on the countries upcoming presidency of the do database popular fairly alias spoke to spanish economy minister and nadia, california and started by asking a lot springs doing to maximize as potential in clean energy. the energy is obviously a key issue for the competitiveness of, of european industry in the european economy and also for the welfare of european citizens. that's why last year we produce b, a variance solution which has allowed us to bring energy prices down very significantly and bring inflation down as so that spain is one of the countries with the lowest inflation rates right now. and that's thanks to the regulation,

but also to a high penetration of renewables in spain. and indeed, we're betting very hard on renewables. we're investing a large share for to percent of the european funds. the next generation new program is directed towards the green transition. and in particular, developing the roadmap for green hydrogen and plastic renewables, sun and wind and, and we already see the, the impacts on the ground around 50 percent of energy generated in spain comes from renewables. we want to increase that share and we would be happy to become europe's energy hub. we need to invested into connection though. let's talk a little bit about now d, u because spain is taking over, of course, the presidency of the you in july, and also want to bring in here as well medical source. okay, because now spain has expressed, let's say, an interest in dealing with at the fact that at medical,

sued has been sold now essentially for years. and, but it is going to seek to get that trade agreement moving. and how much influence doesn't the trade have at, let's say a european level to get something moving with that with respect to medical sort of way. we reached a, a preliminary agreement back in 2019. indeed there has not been much progress in backing. we do have a window of opportunity to now, not only because of spain sharing the european council of ministers, which i do think shows an increase is the interest uh, with regards the transatlantic relations. but also because right now there's a new government in brazil leading merkel sold right now. i'm from a geo political live. busy i think there is an increased awareness that we need to have a deep cooperation with our lot to number become a partners on the other side of the atlantic. so we will do uh, or we can to make progress with miracle sort. also the agreements with mexico and

sheila and i do think the next semester brings us a window of opportunity that i hope we seize in europe. because we have every interest from economics, but also from a geo political point of view, which was deep and our cooperation with watching america. now you're here in frankfort. you're, you're going to be meeting as transfer shows that this is sort of a, i want to sort of rock this, this conversation that we're having today, or what do you think transfer shelton germany website can learn from spring a? well, i have a, i have the utmost respect for tons of the show. we're where i think good friends, since he was fine. those minutes to work very closely together to provide these european progressive response to the crisis generated by the fund that makes that is allowing us to have such a different way out compared to the when we lived up to the great financial crisis . i think he's a, one of the key actors of, of european solely, sorry to keep player going forward. and, well,

i think that spain can certainly pay a leading role with regards to a couple of issues. digitalization, we have invested and we are investing heavily in digitalization. we think there's a new d, so economy, and we have to jump on this bandwagon. and, and, and europe has to be leading in these new technologies. and then there's a secondary, a we test to do with energy regulation thanks to the energy reform we, we on the took last year, which it has a temporary nature. but these be very effective. and you'd have a spanish industry is having a competitive edge because of lower energy prices. we've been putting on the table proposals to reform the european regulatory framework in the energy market. and i hope the germany joins in and is also a driver for tenants for change so that we can insure europe's strategic autonomy and also the competitiveness of european industry going forward. vice president sustain um the economy minister now the economy, you know,

thank you for joining us on dw, thanks to you. it's been a pleasure, a mess over this addition of data, the business to the next time, the

beauty of the fi and it was system that's don't really tempted my i to not and really made me for the not with them unless he looks like he is a mover and shaker in south africa's diamond business. he's involved met marks, the dawn of a new era. as the 1st black stakeholder in the world have free metrics. in 90 minutes on d, w. in 2016 as like a bunch of the clean customer wants to see if gemini was for me the last few years have been quite a ride, getting fairly in touch with the government. and i've learned on the harm of when it comes to databases. and of course, i always look right in the eyes for kids, but perhaps the biggest on the new hobby at $900.00 on the referred not to be in

the news that reports and never comes. but when you're feeling altogether, you'll realize it's cold just as another way of living. are you ready to meet the devon? then join me, right? just do it on the w. a one small step for a robot vacuum. one giant leap for exploiting the ocean floor. cutting edge technology is unlocking the potential of deep sea mining. so the vehicle's been designed to pick up nodules and leave as much settlement behind as possible. but this time, a research team will study the possible risk 1st, the order to minimize that. we have an opportunity to to get it right before we even start. we have a whole new industry that will proceed only when the regulations of things will take place. environmental activists are skeptical. is this true nature conservation

for only green washing? after all, there are billions to be made. our to push document tree deep sea greed starts due date on dw, the is it ended up with the news line from the and then a russian miss filed strike on the hospital in ukraine, kills at least 2 people. and just many more grades president describes the attacks a crime against humanity. also in the program you pull it from a refugee camp in chad with thousands of people seeking shelter from.