is in us the major league baseball, the world's largest and most watched faithful link as never has e mail is reminded that top story, this, our great president of them is that advocate has the address to somebody to have your opinion leaders involved over there. discussing security concerns in the face of russia's ongoing progression level or world news at the top of the our case, ferguson hospital basis, that visits updates in just a good day. the 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. but this time,

a research team will study the possible risk 1st, the water to minimize them the we have an opportunity to to get it right from star environmental activists or skeptical is this true nature conservation, or only green washing. after all, there are billions to be made. our chief documentary, deep sea greed starts june 8th on dw, the arizona insights and drops with lowest level since russia invited ukraine. but consumers are still paying a far more for basic goes than they were a year ago. we also got the latest figures enough to persuade policy makers to hold off on further interest rate. hi. also coming up in the multi plans to reduce

terrace on solar panel and poured out some mastic companies, struggle to meet demand and the nuclear option. how poland is in racing as how much energy as part of it to move away from fossil fuels. this is dw business, i'm paid ferguson, thanks for joining me. inflation in the euro zone has fallen, but prices are still more than 6 percent higher than they were a year ago. the licensed figures for may, so inflation came down almost one percentage point from april. still, well above the target of 2.9 percent for 2020, for the price of food recorded on especially big rise. while the increase in the cost of fuel was much more modest. economists say it could be months before consumers experienced any meaningful reduction in their bills. to talk more about this, i'm going to advise all star by senior fellow at google

a european think time that specializes in economics. professor diverse, the headline on this is that inflation is down to as low as level. in fact, since russia innovated ukraine, but consumers will still paying 12 percent more for their food than they were a year ago. why is that figure so strongly high the global markets are relatively tied. it was box a few what, why higher energy prices. also, there were some limitations seen in ukrainian and russian exports related to the floor. so there was a must see the increase in foot prices and it's continued versus when the country, you know, and then to price out not forwarding. and it's helping also your customers. i want to ask you more about those of folding energy prices. so do you think this is a sign that europe's efforts to win itself all russian energy have worked? as i see,

the answer is yes. energy prices now are much lower than they've are before to start to do for the you impose a price get on russian oil. so the russian revenues from selling oil ease is even lower now. and you know, at the same time this splitting single successful in keeping russian supply in global markets. so there is no sort shortage of all from energy, even though all that countries from time to time cut their production. and they also have to say that the monthly dot reaction, especially for gas, was a very important factor, which also contributes a little over guess processing to utah. okay. even, you know, many people we looking out this and wondering does this mean that the european central bank might hold off on raising interest rates? what do you think i've seen do europe? yes. center meant to continue to increase interest rates. bartley because according

play shown, which is a measure of inflation beach excludes what a tie an agent approved for prizes steel there ought to be high at 5.3 percent. it's a little bit lower than last miles, but still the above the utica central banks 2 percent target. and at the same time domain, you don't get central bank represents rate. you still just sweep seeing the quarter percent so much over then according station and also lower than expected inflation . so i think you will see quite the number of interest rate increases from the cd about target of just over 2 percent for next year. how feasible do you think it is that will get there for inflation? i mean, this year, so $22023.00 police. how are we likely to get to to get higher? now the main question,

once that happened in 2024 and the particular video or the kind of default inc, energy prices. you have now the opposite effect. then in fact, you've had it in 2022 because in 2022 high energy price increases, push the over at inflation. now, the big question, how much to forwarding an enterprise? these views bring down inflation. but my fear is that the impact would be a lot to just limited. partly because 0 pass central bank is still not really tied . i mean, a suite to stay on a quarter person. that was the 3. it is the collective diesel. people still feel that the v choose of and prices are increasing much faster than inflation also, but the see now is a growing vh pressure. labor union sent and other negotiators, the street grease beach grows. so i seen that reaching the, i mean, yeah, low inflation. 2024 i thing is you will not be easy. so i expect the continued rate

increases from the euro cost central it back for a number of times. all right, so it's our senior fellow at frugal, thank you very much. thank you. india is multi plan to have in port tax on solar panels of demand for green energy sources. increases solar power currently makes of over half of the countries and renewable energy i plus foot operators housing, experiencing a sort full in the supply of domestic components in 2021, india and forces more than 3000000000 dollars worth of solar panels. the overwhelming majority of which came from china for more in this speaking cross night to dw correspond entire carts, kate, in delhi, tara who stands to benefit most from this plan to what date? i mean, uh, these plans uh, seem to be designed to help in sort of companies who are being dealing with the salters of these panels in solar cells. but yes,

they will end up benefiting chinese exposures. largely because these mesa is in any case in the 1st place, they were taken to discourage chinese imports. now there are reports that suggest that the india imported solar panels with $3000000000.22, and more than 90 percent of it came from china. so once these measures are back in place and import, once again the big so been chinese export as us. we allows the benefit from this solar panels continue to be high in demand in india. and domestic manufacturing has just not been able to catch up with that demand. yeah, a lot question of domestic manufacturing. do you think this it says find the end that india is aimed to become more self sufficient in renewables hasn't worked. yeah, yeah, that does seem to be the case in minnesota. manufacturers have been asking for these kind of tax breaks for months now because domestic manufacturing has just not

been able to keep up with the demand. uh, there are some reports that suggest that in data target to install 100 gigawatts of solar energy last year. but i saw a report that was that claim that what didn't get with that. she was only $63.00 gigawatts. so there's a big shortage. the prices of sort of banners that attends have gone up exponentially since these taxes were imposed. uh, and which further looked at the slight in domestic manufacturing. so yes, that that's set for lions program. a has indeed slow down, which has probably let through these steps being contemplated. overall, how far would you say india has come in switching to renewables, especially compared to other countries as well. i think that progress has been good and you have recently announced a target of 500. you go what sofa installed renewable energy by 2030. people say it's an ambitious target, but then the ripples that india is already at the 4th position globally in terms of total renewable power capacity. addition of the non fossil fuel to capacity here is

believe to be somewhere around $180.00 gigawatts, which is about 43 percent of the country's total capacity. that's, that's a good number that puts in dana and a good state. and especially given the fact that it's, it's a country of the size that we have talking about, which has had a long historical and a very vast, comprehensive dependence on cool. yep. so, i mean, the report so far seem to be good. good. okay. if i take you there, tara cards, okay. in delhi, thank you very much. i. it is deposed on where fossil fuels still a kind for the vast majority of the countries energy mix. the government wants to change stuff is embarking on a major investment in nuclear energy construction on to large atomic power plants is due to begin in the coming years. our report and logic reviews got travel to the country to find out what poland is transitioning from co energy to nuclear power.

the fossil fuel accounts for around 70 percent of poland, energy production, and a huge chunk of the country's carbon emissions to nuclear power plants are planned to help change that. and that'll get to get back to what was by 201475 percent of our energy mix. will consist of the carbonized sources and stuff around the half of it. so it just, it will come from renewable sources and then get to the quarter from nuclear energy will start ways, registrations profoundly. the remaining 25 percent will come from gas and calls guys will ease the thing. lot of features the baltic sea is work construction for the 2 large nuclear power plants will begin in 2026. the 1st core block will be connected to the grid in 2034. but there's resistance from anti nuclear energy activists to want to block the construction this

is what, in my opinion, this location is a least suitable for building a nuclear power plant. because of nature. generally i'm not against building nuclear power plants use um, but this site is extremely poorly chosen. a new size, but as of july, you'd have a problem just 30 kilometers away like these were winds from the eighty's out of sight were poland. first, nuclear power plant was originally planned. the project was discontinued after the term noble disaster. but there's been a major shift, some 86 percent of holes are now in favor of nuclear power due to the environmental concerns and rising electricity costs to super. that's why we should have nuclear power plants. it's the cleanest source of energy. ready except for the sun, when i look at them, right, i mean the favor of building nuclear power plants in poland. it goes, it's a good transition of solution to renewable and set you up to

a 1000. then use the unfortunately it's a necessity to have nuclear energy this and it's not just the 2 nuclear power plants planned polish oil refinery. orlan is planning to build 7 additional mini reactors. 12 volts isn't that. there is growing interest from being dust, real sector, which also needs a stable and emissions free power supply. and i'm here with small modular reactors, capital. you know, all these things when they send that off. there's a simple reason for the over whelming support for nuclear power in poland. it's the only chance to transition quickly from fossil fuels. the rest of our shows. thank you so much for watching from where you can always check i d, w dot com slash business. we're on the dw news youtube channel as well. we have a whole host of videos for you to choose from there, from me on the entire business team here in berlin. it's 5. take the

mirror fields flooded their home, buried in like people in northern are struggling with the aftermath of recent despair is now mixed with anger. at the authorities for green lighting, you're responsible construction projects and neglecting environmental policies. why is more, more land being paved over focus on europe? next, d, w, the voice i am must see are the new jobs. she's the face of a protest movement. i didn't think so many women would send me the photos.

she's their motivator. all of us here a little must be the and she won't give up the stomach for public took my brother hostage a few days ago trying to sign in the scene on the job. they will be silenced. starts june, 3rd on dw, the . this is focus on europe. i'm lara baba, lola, glad you could join us and apocalyptic storm. that's how people in italy have described the severe flooding that destroy.