and finally, a sailor off the us coast has captured the ref. what is a 3 way of sleeping out of the water? single tendency bubble that a shot the video of a humbug wells of province style massachusetts see, was in the family trip to mock his birthday. we don't know why wales actually break scientist suspect could be a form of communication and that's it from me and then it was team fund i'll coming up after the break. dw business. i see got office . thanks for the i just got issues with a lot say what crazy. the

guy. evelyn charmaya, welcome to my pod cast. loved matters that i am by celebrities, influenza, and experts to talk about all plain love data and yet today, nothing less the south. all these things and more and the new season of the pop. com. make sure to tune in wherever you get your costs and join the conversation. because you know it's last matter. the russia charm offensive. freaking leaders gather in st. petersburg for russia, africa summit, mental strength, and business ties. also on the sho, bump the road ahead, folks 5 and 5 of stake and a chinese car maker and a bids to boost sales. and india takes the gross crown from china,

so i left says it will be the fastest growing major economy for the foreseeable future. this is dw business i mother vina. welcome to the show of russia is hosting 17 african leaders at a russia africa summit in saint petersburg. it's assign moscow once to strengthen, if they can amik ties with a confidence. according to russia, its trade with african countries last year go to nearly $18000000000.00. its main partners are all julia egypt, olivia and go lot nigeria, and so done. russ, as the biggest export to africa, our weapons, the account for 44 percent of exports and don't come with human rights strings attached. moscow is also an important food supplier, especially in green and exchange. it gains access to african raw materials and strategic entry like port bases in libya and so done. all that you can draw up as

a senior lecture and politics and international relations and leads beckon's university. i asked him, what african nations hope to gain from the summit? well, thank you for having me. um, i think i mentioned uh quite a lots of things to gain. uh, but as i stated previously in my rightful prior to these defaulted on, this would be on easiest related. so for the security, so i'm show, wait the easiest with the green do for security on how to solve that green deal will be, uh, it will be on the agenda of secondly, uh, they would also want to get some security assurance ease from russian incense off on the new security architecture of going forward. so yeah, fine. the last thing is because the game, but they need to be able to speak with one voice. that's the only way to kind of get anything from you so much. i yeah,

you mentioned foot security here earlier today for russian president vladimir put in pledge to gift african countries, tens of thousands of tons of green. but at the same time, he's also destroy ukrainian green export facilities that africa relies on it and he's torn up an existing deal. so how concrete and how high are these hopes that there will be a real green deal that emerges from the summit and not just gift? well, what's nice for me, i think of deep clean is nothing, no for this page. it shows how long does it going to rely on the to the needs be status upload grades and then needs to be reassured that this supply would be guaranteed. so gift is not good enough. and that's why he said that the needs to be a strategy on how the green, not just from russia also from the train will be, especially, was the last week i'm country. so if this is not good myself,

you know you to model out to maintain. so like, i think the medium to long term is another aspect that's playing a big role in the summit of security. the russian, a private military company, wagner has a strong foothold and a few african countries like the central african republic and libya. and there doesn't only interfere in these countries leadership, but it also holds a lot of economic weights. for example, by running a vast mining network to other african nations fuel where you have the influence of this private company hold on the economy. and these come countries. yes, absolutely. many other countries, especially in west africa, um uh various just to call home the role of watching a gun. i use a variable called voice is which i did when he comes to deals because they have bought out and didn't know to book, you know, fossil i, country that has very strong ties with what, no group. i do a whole lot spoken previously on on this group is not really a problem in being in west africa we. i have

a phone interview but they do central because of because it said a lot of human rights atrocities are carried on by just bruce. they, they, they do what we absolutely impunity say they did when they had the operations a very, very um, i'll say in, in some area. so yes, i agree that maybe the doesn't in this rejoined uh, not comfortable with the road. one thing that i think should be on the table will be up to 2 ways. the, the new security architectural going forward, which should be devoid of, of private miniature companies, including one that was already inca adella, senior lecture and politics and international relations. at leaves becket university. we're now going to our dw correspondence funding. if a chart in riga dw is reporting on russia from rica since the russian government shutdown dw, is most called bureau funny,

we just spoke about what african nations hoped to gain from the summit economically . what about russia? so if you look at the different panels there with 30 of them in the next 2 days, you really 1st would think that this is a purely economic summit in some way where it's about usually about the trade about corporation agreements with regard to development and of course this part of these 2 days somebody to but if you zooming and all that a little bit more and also look at the specific time when this somebody takes place, literally just 10 days after ross. yeah. we through from the really crucial grain deal with, with ukraine. that, of course, has a very political meaning here for russia. they're basically looking wildly put for friends, for new friends on the african continent. because of course, it's not since yesterday that russia has an interest in having allies in africa. in fact, historically, if, if you look back in countries, for example, like south africa or on going over when it was still at the soviet union. so the

former soviet union, a support of these countries in the liberation movements, historically speaking already, there's a lot of relationship from the past, but now there's a war in ukraine. so for the past one year, of course we have seen russia been increasingly isolated in the international agenda. so they are looking to applicants when you african partners. and i think that's really the main goal here for russia. and for us as president, put in to make sure he can walk away from this summit by saying that he's not just saying because he's already of course, are presenting this summit as a success towards the russian domestic audience. but also to know actually that he has moved partners apart from those career for example, but also policy nafrica. a w was funny, such are in rica and now to some of the other global business stories making news. and european central bank has announced a new 25 basis point re type, bringing its key interest rate to 3.75 percent the if you begin this journey to

tackle high inflation a week ago on wednesday, the u. s. federal reserve also increased interest rates. oil firms including james shaw and to tell energies, reported sliding net profits in the 2nd quarter. oil and gas prices fell in the past 6 months. the development that follows record energy prices after the invasion of ukraine by russia, one of the world's heat energy producers. the international energy agency says global coal consumption at a record high in 2022 and is expected to stay at this level for now. according to the report, coal consumption grew more than a 3 percent last year, surpassing a 1000000000 tons of such a strong demand from china and india. now some of the coal goes into powering electric vehicles. in china, for example, for decades, china has been the biggest market for german car brand fox button. but recently,

local car makers are overtaking as folks. i'm is lagging behind in the e v market. now it's changing years folks 5 and has brought in. it has bought nearly 5 percent of chinese e. v make are expanding. the 2 companies will develop cars together as the start of a german chinese car partnership. if you can be them, join them. that seems to be a fox loggins' plan, making a deal with local maker ex, paying to happy turn. it's chinese fortunes around. the chinese conglomerate b y. d has now overtaken fox login as a top, sending bronze tanks to forks, loggins, weakness when it comes to electric cause to be why do sold nearly 548000 electric vehicles in the 1st quarter of this year with a nearly 70 percent increase us manufacturer tests not sold more than $440000.00 electric cars. in contrast,

fox logging on the managed to south $6300.00 the electric vehicles for fox wagon, it is becoming increasingly difficult to keep up with the electric cos 1000000000 test price competition is also taking a toll on the german altima to giant. more than 40 manufacturers, including tesla have cut their prices for electric vehicles in china. volkswagen is now attempting to contract this with large investments, but it appears that fox sparking will not do up that easily. de agreements with ex, paying indicates that the german car maker is doubling down on the chinese market. earlier this week, the international monetary fund released the global economic outlook warning of slowing growth ahead. but there was one bright spot, india, which is set to grow more than 6 percent us here. that's more than any other major economy. according to the i m. s, the increase in indian domestic investment is key. it also said the growth is set

to continue in the years ahead. i'm joined now by the don't use daily corresponding charo card to k t r. what fueling india's economic success. it was a different expos, have different opinions about it, but the i'm a see you is that the growth is primarily being fueled by domestic investment. there's a lot of capital expenditure that is happening. in fact, in the us, the government's data shows that investments rose by almost 9 percent during the january march period, which is also the period which the i am of has looked at for its assessment. there's a lot of infrastructure spending that is happening and primarily in sectors like roads and v ways. they don't have highways and expressed ways of being built. so uh, that seems to be the primary driver of growth at this point of time. money taro. india recently overtook china as the world's most populous country. a lot of people are speaking about

a demographic dividend also driving economic success. there. is that an accurate picture? well, that demographic dividend has become more of a challenge now. i'm very given the fact that unemployment is, is that really high levels in the country does estimated to be upwards of 7 percent . in fact that a private estimates that's probably supposed to say that could be over 80 percent. you would find employment is even higher. it's, it's in double digits. so this is a big challenge, which means to be not just so near to him, but a, but a long term medium term as well as long term challenge for the country. how to secure jobs to millions of youth, especially who are waiting for jobs. many factors are held responsible for that, but that is something that is being highlighted as of now it's. it's a big challenge. the dw as charl car to k in delhi. and that's our show. thank you so much for watching for me and the business team here in berlin. you next time.

take care the in hiding. because he refuses to kill on the run because he doesn't want to die. to man, out of thousands in russia who don't want to fight in school, teens was this the price they pay is living in fear of being found in prisons. more sense to the front focus on your next d. w. the threat to the baltic states. what would happen if russia attacked lithuania, health, and military rehearsal for, in this scenario. in spring of 2023. it was a large scale exercise led by germany with international cooperation and exclusive

look at military tactics. and what motivates soldiers to keep going? in 60 minutes on dw, we've got some hot tips for your bucket list, the magic corner check hot spot and some great culture memorial w. travel off, we go the high welcome to focus on europe. it's great to have you with us the war in ukraine and to russian of your patient has been going.