Skip to main content

tv   Business - News  Deutsche Welle  July 4, 2023 8:15am-8:31am CEST

8:15 am
since this full moon is orbiting, closer to earth than usual, creating what's known as a superman which looks especially large and right. some of the best places to see it or southern europe and northern africa. you are watching dw news coming to live from berlin up next. we got business news for you with kate ferguson. i'm terry martin for me and all of us here at the w. thanks for watching. the russians no longer need the baltic states. why? sure name. there's no gold, it's only just practice at the naval base and will clock with away
8:16 am
7 months before russia attacked ukraine of 17 documents, daily life, the town. how are the people of dealing with the growing tension? they change their world ukraine. we are with you. currently know when i me insight starts going on dw, the, the risking and, but not the coupling. the you on to pa invited to work together to secure a supply, a semi conductor ship. we also, how far will this go towards reducing dependence on china? was coming up with a deal go up in smoke a trade agreement between ease you and for size american countries. places is final
8:17 am
hurdle with disagreements about environmental protection, threatening to off end us. and from fruit taking drove to our designs with pollination in mind how israel's agricultural industry is embracing innovation. this is the w business on k, ferguson. and thanks for joining me. their opinion on japan are to work more closely together to secure the supply of computer tips. because that meant will enable both sides to benefit from the other as me search on the expertise as well as open the door to more mutual investment. rising geopolitical tensions have pumped a several major economies to replace some of their trade with china and move known as the risk getting here as high as the use internal market commission or tap 8 by tom explained that the russian now behind deepening co operation. uh, we have a strategy in shut out the 3 don't want to pick up the, the and we made it very clear. we just want to deal with it forces as too much ways,
8:18 am
too much dependencies with a single source. we want to, to, to where yous, uh, this is this for you. and it's got that many aspect like a quick out of all of my toyotas. uh, some new orders. uh, but ultimately, and somebody called it goes from one this that spring into w corresponding christine behind to us. he's joining us from brussels, christine, we hear a lot about countries wanting to de risk their relationship with china. how far does this agreement actually go towards that end? to locate from an e u perspective, this is a big step in the direction that the european union wants to take that is increasing its corporation in the technology space with allied countries. that is technology involving around artificial intelligence. and of course, this crucial strategic aspect of semi conductor chips. really, you've got to look back to what happened with this global supply shortage. just
8:19 am
dropped, of the pen demik with factories in europe with producing cause electronics, health devices. what basically brought to a standstill because of the lack of supply or the semi conduct the chip. this was awake, a pool for the european union. and as such in the world way, the european union says it's looking to the risk that is reduce its dependency on china. this space going to an ally like japan where there is going to be knowledge transfers in, in the space of semi conductors to of course, take leapfrogging steps in this technology exchange and transfers. we know that the european union is going to be supporting companies, japanese companies wanting to operate in the european union. so if this is randy, countering china is progression in the space as well at china, of course, which the opinion has a designated as a systemic rival. okay, christine to stay with us because there's another story i'd like to discuss. that is the face of a trade deal between the u. s. for latin american countries,
8:20 am
representatives of the market search right block that argentina, brazil, parkway, and uruguay. have kicked off a meeting where they'll be discussing whether or not to sign a trade packed with the block, the agreement to have been 20 years in the making, but is far from a done deal. among the biggest stumbling blocks you demand for environmental protection. and the amazon rain forest or the brazilian forest plagues by illegal logging both for the what itself and to make space for valuable crop lance. during former president, both scenarios roll. deforestation reached unprecedented levels. now looking for change with president, let us of the use also hoping for more from the miracles or trade agreement. but brazil's present has been critical of brussels plans to add more environmental requirements to exclude trade in products broad and deforested areas, crops like so. i think these could, that'd be the issue that you probably have. the premise of mutual trust must exist
8:21 am
between strategic partner. no, not mistrust. and sanctions. april the european union approved its own laws were extra territorial effects rates which modified the balance of the agreements. the fees go where he leave these initiatives, post potential restrictions on for zillion agricultural and industrial exports of report. that's the ones that get equal. they do the view. these are the members of macros, or although venezuela's, membership has been suspended in 2019 macros or countries agreed on a deal in principle with the you. but the deal has stalled. along with it, the goal is to create one of the world's largest free trade areas with around 700000000 people. last year, the export goods worth 56000000000 euros to macros or countries, and import goods worth 64000000000 euros. it was the use 1st trade deficit with macros or countries in years to europe wants access to important raw materials from latin america for its energy transition materials like lithium,
8:22 am
which is used to make batteries and especially important components for the auto industry. but the trade agreement is controversial in europe. some countries including france, austria, and the netherlands fear that their farmers will lose out to agricultural imports from latin america. meanwhile, environmental is believed that the trade deal will result in more pressure on the rain forest and hurt global climate goals. finalizing the agreement will be tricky for the spanish government. it holds the rotating you presidency and it's tasked with a deal by years and christine the steel is back on the agenda in part because spain has recently taken over the presidency of the council of the you. how is madrid hoping to convince fellow members safe to get back on board? will kate as you right to point out madrid's taking over the your opinion of a counsel presidency for for the remainder of the. yeah, and we know that this is high up on madrid's agenda. this is something that the spanish themselves say as i was to accomplish by the end of the year. we know that
8:23 am
spain, highly fav is getting this deal done as brazil and other countries on the other side as well. kate, it's going to be a matter of resuming that momentum that the european union and because the countries had achieved in 2019. that was, of course, before the stalling logically because of your opinion, concerns of a deforestation in the amazon that really reached at record levels ended up both in our administration with president pool are coming in. that seems to have changed. it seems to be in the meantime on that side, but of course there are other issues and that really is going to do everything that it possibly can to make sure that all those hurdles a kid come the end of the year. so on like given that there are a lot of issues on both sides remaining, how do you assess the chances of the agreement being fined by the end of this year? it's okay because of the winning this that's been signaled by both sides to, to pick up momentum to get this deal done. it is very possible. however, we've got to be realistic about some of the difficulties and now the late to sort
8:24 am
of hurdle, if you would like, is coming from result president a new law is concerned particularly about the fact that the deal allows european union countries to sell. so the public fix that he wants to reserve public sector contracts to small and medium enterprises in brazil. and that's something that he's likely to dig his heels in full. he also wants to reserve will exclude your opinion, compensate companies from the public sector. we know, for example, on the east side you've got countries. member states like fronts who are looking particularly out for the agriculture say to protect their farm is of course this would allow more impulse coming in from 11 american country. so we will, there was hopes that at a big summit with less american countries and caribbean countries happening here in brussels later this month, that they would be a significant announcement in terms of progress having been made. but given this latest sort of hurdle on the prism side with present food and seeking to add some, some counts of proposals into the deal that might still progress. but there is good
8:25 am
faith. there is the winning, this, it will be up to me to madrid's persuasive power is the sort of like bringing the sides together, reaching those for the compromises. what it does need, of course, is probably your opinion. so maybe we'll back i, we heard from president rudolph result recently and power saying, you know, this paternalistic attitude in terms of how we're negotiating here. we want good faith. we want to be equal partners. yes. so it appears spain will be pulling member states on, on this end at 2222, perhaps reaching for the compromises. but again, possible very likely, but will be difficult to do. but if you hear from the spanish, it's something that they're going to do their utmost best to accomplish. all right, so a diplomatic balancing ox ahead. christy. 100. thank you so much. i, i know to some of the other trouble business stories making news, facing households and a new communist party secretary for the central bank pond on chang. currently
8:26 am
a destiny governor is expected to know. take over the top jobs of the people's bank of china. the appointment is seen of assign the chinese leadership is concerned about a week. economic growth test was never close to half a 1000000 electric vehicles. and the 2nd quarter of this year, that's a more than a percent increase compared to the year before the sales booth was fueled by us federal products, which helps make its electric vehicles more affordable. because light is also expected to hit record sales, and china is 2nd largest marcus after north america. oil prices are all softer side of the arabia, said it was extending an oil production costs of $1000000.00 barrels per day. meanwhile, russell says it's funding to reduce its already limited exports. the moves are part of a wider attempt to stabilize markets, which continue to be placed by russia's warn you, crane, and to china, full to rank, post pandemic recovery. that for,
8:27 am
for taking drones to algorithms designed to pinpoint the perfect time for pollination is really companies are increasingly in pricing, innovative solutions and the agriculture industry. proponents say the technology could help address labor sources as well as climate change. you know, we'll call the orchard in central is right. these probably those draw part in from the plants using an electrostatic charge. then let them drop off on the next line of trees. is riley agriculture role tech company bloom, x use this data science and algorithms to predict the optimal time for, for the nation. most of our company does are to, for support a nation that wants to buy. this is a solution that also is the problems of to pollinators which arise from the incorrect use of natural opponent, native such as insect funny, b bumblebees in commercial services. and to show that we also the lack of improper use to get better off to the reader. more in quality and quantity of fluids and
8:28 am
it's in, forgot about that. let me get them done before they're going to come with a quick and never dropping labor. shortage in agricultural sectors is a big problem. was the number of people working in agriculture at the windows. demand is growing. tech can offer alternatives like these for picking drones. unless at the moment the system is complete, the autonomous deciding on how to pick the fluid. now go and it's changed and how to get to the fruitful and cut it off. all this is completely autonomous without human decisions that are done. but human presence is critical. one makes sure that all the robots work according to the criteria on the, at the right pace, with the right quantity or something. and if there's a malfunction, human make sure to provide the solution of the possibilities. the tech offers the culture are expanding every day. it may hold the key to facilitate the fight against lots scale challenges such as climate change and global population dropped
8:29 am
on that route so far. so for me or you can always check, i do have a dot com slash business for me on the team. it's fine on the when does tech know become a way of life? we were ahead of our hours ahead of time. it's still in the fall from detroit, from the band in factories of detroit to the warehouse isn't funding a deep dive into vitale. raves the parts and veiled a pulse, the beginning of a story that takes us along for the ride. it's about the perspectives culture
8:30 am
information. this is the the news w. mine's we've got some hot tips for your bucket list. magic corner chat. hot spot. and some great cultural memorials to vote w travel off we go, the electronic dance music is more popular than ever locked down social distance thing . anyone remember that now revenues are even faster than before the pandemic. the scene has grown bigger, stronger, and more.

16 Views

info Stream Only

Uploaded by TV Archive on