can obviously see there having just an incredible time in space, taking in the views, but it's an experience. it's the silence. it's the views in are brilliant to watching the echo was loc, have ordered the activation of a stand by forceful potential deployment to a source of video rules in asia. and reminder, you can find much for news analysis and video on a website that is the www. dot com. in the meantime though, you can stick around and wait for my colleague steven betsy, will have all the latest business is coming up right next right. by the, every jenny is full of surprises. we've gone all out to give you some

of the right people in your northern most count the police the free time, but still very much alive. your guy to the special thoughts in germany. recognize where exactly it was fun. learned a lot of our culture history. all their travel extremely worth a visit. the, the west announced as long awaited curbs on high tech investment in china. the by the administration thing, the rules will be highly targeted within the sense that technologies such as

artificial intelligence, aging says that it's gravely concerned. and he wants to slow some of its own trade with china, in this case for drone parts. as of modernize, it's military. also on our show, the economic crisis in turkey shows no signs were bathing. that's bad news for traditional carpet weavers. hello, welcome to the show i'm seeing busy in berlin. you as president joe biden is issued an executive order banning us investment and chinese quantum computing, advanced chips and a i. technologies, citing national security concerns of the ban, which is have to take effect next year. will require companies to inform washington of any activities in the 3 areas. the us is intensifying efforts to stop china from having access to american technology. reaching says that it was that it is gravely concerned with abiding ministrations decision which comes as china faces declining trade and deflation. all right, for more of this, i'm joined by marketing,

colorado. he's a senior consultant of china focus, consults the senior linux. margie, welcome to the show. how serious are these newly announced measures if we look at trade flows between the us in china space? so having the um, let me makes the initial um, ups evasions from us on the new executive order on. so 1st of all, uh, the executive order has not created and both owned investment screening ready yet. um, but this only started the process of making increments its um in the future. so as you said next year, um is that like the timeline? so nothing is set in stone yet and how exactly the implementation will look like uh, still remains to be seen. of the 2nd point that i want to make is that not middle, this has been already awaited for quite some time. so it is not entirely surprising, but this is coming off now. it's been in the works for about a year, and your team smells. training officials have had a lot of time to engage us opinion on this. so there shouldn't be too many surprises on either side. the 3rd point that i want to make, there's no guarantee that the report is more narrow in scope than what has been

previously suggested. and, but the us congress is going to do right now with national defense authorization act. so for example, the current rules exclude biotechnology, but of course the proposed was also to give them the option to expand a to more technology area. so as a set, nothing that instead of stones, all right, so a bit more narrow than some had expected or feared that you mean lots of analyzing what the us plan to do with these curves. what does that mean for the you can we expect it to do anything or implement its own curves? yes, thanks for that question. let me uh, answer in to pick markets. so let me 1st start with invitation for this. um, for your business. um, we don't see the immediate impact on your team companies investment strategies since the executive order already started the process of defining the rules the industry also. so the, as in the future, the us treasury is also actively seeking for comments right now. it has a published a notice asking for input on specific questions. um,

one specific area that your team businesses i'm fully aware of that i want to highlight is the notice also consider some rules that are limiting us persons, regardless of whether they work in the us or in europe, from making investment decisions in certain technologies. but see again the implementation of this still remains to be seen in the details in terms of how this will affect european of the policy making process. um, and obviously we have seen the us previously already pushed a trans atlantic partners towards adopting stricter controls and technologies that the u. s. do use as a national security risk of the most prominent accept the office, the, the dutch export controls on semiconductor manufacturing equipment. we don't expect the u. s. a to apply a similar pressure on the will for the on investment screening 1st, getting transportation. the purpose of mind is much more important for export controls than it just for the also an investment screening. since technology and technology, the coaches are much more direct, i mean, exports from other countries. you to flow seconds given about

a big stick of just that the union is already considering an old investment screening. what we think is the, this executive order and how executive the us implements the the all the best and speeding mites are of course, as a blueprint for the holidays you will take of this industry. yes, marching. very concise, only have 20 seconds. if i'm and if i'm a major business in the u. a driven business for example. what should i expect that an investment screening is coming in the near future from the european side or from the sides from the european side from new york is quite clear on that's both on the team level. the commission already this i could be looking into how to do a proposal. the german side also already announced that bit of work with the mission into green. how this would look like. so yes, i think we can expect so. all right, thank you very much. martin costs a lot to with seen a linux, a trying to consultancy firm. thank you. thanks

a lot. all right, in speaking of trade with china, india has been military drove manufacturers from using chinese parts as deli attempts to modernize its military. the indian government point pointing to security vulnerabilities alleging chinese technology could be used for intelligence gathering. but the band is raising the costs of manufacturing of manufacturing the weapons rather by forcing producer to source parts from other countries. a band only effects drones, china will still remain a major supplier for other machine parts over to charge the card to kate in delhi, in charge of the us military. still struggling to keep try his military parts from its own supply network. how hard is this going to be for the indian military? well, steven, the road ahead uh does look tough if, if, if india plans to assist with this policy. uh, some experts say that 70 percent of goods in the supply chain when we talk of military drones, they are made in china. so effectively there's really no alternative. and,

you know, even if in the tries to somehow effectively forcefully get china out of the picture . then the costs we go up dramatically that estimates does suggest that the costs we go by 50 percent. so in the we'll have to, you know, decide review that if it is ready to go with that kind of a cost escalation to begin with. and and so what is the plan here? does india have the manufacturing capacity or is it going to try and create the manufacturing capacity or the trade relationships to replace these parts as well? yeah that's, that's the conundrum. uh stephen. the thing is that india experts say that india likes to know how to make certain types of drones, especially the kind of drugs that we are talking about in this report to you. and that's what we enjoy. it relies heavily on foreign manufacturer is now the thing is, as i already said, that since china is part of this of 70 percent, part of the supply chain of manufacturers, all the other manufacturers also do not read. you have an alternative. so there are reports to some manufacturers, i still importing with even from china, and they're basically just white labeling all of that material. so it's, it's

a very tricky kind of situation. there are some domestic projects going on, which a government funded, but they're running very late and they're not really up to the mock. so yeah, it's a tricky situation. there are tensions between these 2 countries. there have been flash points in recent years. how would you describe trade relations otherwise, outside of the sort of military arena? well, last year treat was actually blooming in spite of the tension in by that sort of dice since may 2020 since the galvan attacks. but the numbers will be by the chinese government in the 1st half of this year. they've pointed out that the bilateral trade between both the countries has decline for the 1st time in the last 2 years. numbers say that the trade fell by 0.9 percent. it's not a big deal, but then it is a dip never the less. now many exploits say that this could also be because of a general slow down in the chinese economy. we know that china as well,

little trade has followed and by about 5 percent. but it is also true that india has been imposing the controls in several areas in which i now had the solid world to play as far as the trade within the is concerned. and military drones being the latest example. all right, those trial carts. okay, and deli, thank you. and now to some of the other little business stories making headlines, the prophets at german shipping, john hop on lloyd plunged in the 1st half of the year hubbard based firm posting a net profit of 2900000000 euros. 67 percent lower than it did last year with global trade search to after the end of pandemic, locked downs. analysts say that inflationary pressures could affect the company's bottom line in the months ahead. us inflation for july increased slightly. the 3.2 percent year on year, that's compared to 3 percent in june. inflation is stable. it's still above the target rate of the federal reserve, which will make its next interest rate decision in september. when 13 economic

crisis is likely to get worse before it gets better, economist there now expect the inflation to continue. it's toward pace into august driven in part by weekly mirror. the price is putting pressure on every business, and especially those that were already facing stiff costs, stiff costs competition, such as traditional carpet weavers. take a look. give me a gee, in the province of my niece is tuck, he's compet capital for centuries, people here been weaving comp. it's by hand as the saying goes, you we the study or we've but for some time now, business has been stagnating. the competition, not on the law job, but more modern and cheaper, is a small. we even shop on the cities outskirts, where crafts people have been weaving since the morning press. 33000, not some needed for one square meter, a welcome managers about 6001 shift. today the wage is just a few years, but even could g g only use those materials from the area. the manager says the

business is tough as profits decline. a steve citizenship model that have so many find out carpets too expensive because the costs are too high. and since the costs are high because the dealers have to raise their price. yeah. that's why people know only buying machine made carpet, smoking industry. a good name production of has made carpet, is shifting to countries like no power or india, think fresh ideas are needed. what do you mean and his son that brings the handle open comp. it's a few streets further, alyssa will show this, will, like is fonda ali has worked in the business since he was a child. he examines the goods, saying he knows every one of his compet. this one will be ready in a month. during that month he turns new contents into old, giving them an antique look which is popular in the united states. he lays the

carpets on the road and watches them daily, so they can gather that in the 15 days, they lie outside into maggi, like everywhere. kentucky, the pinch of the economic crisis is unavoidable. inflation, unemployment, and newly announced tax increases a waiting on people. mazda the appliances are getting more expensive, rents also rising, but we're not the only ones affected. a business man are affected does take the the have cases. where they used on you ali loves his hand, made carpets, but the heavy work is hardly worth it in the capital of comp hits, especially in times of inflation. and finally, how would you spend a 1000000000 and a half dollars? that's the question for one lucky lottery winner in florida. well, the identity of the winner of the mega millions jack pot has not yet been revealed

. you'll have the choice of taking the full pay out over 30 years, or taking a lump sum of just $783.00, not in dollars on his taxes. of course, the tough choice and thanks for watching the center of the conflict with tim sebastian. as with so many african conflicts, the latest fighting ensued on his death misery to huge numbers of civilians. whatever happened to africa's loan of promise to silence the guns. mo, abraham secret ounces to such a question that at the corner of africa's problems he says is by government. and why is it still so prevalent? conflict on the jackals are coming a dramatic consequence of climate change in romania,

the marriage conditions are forcing the predators into towns and villages locals for years to their livelihoods and mom's controls toll. but is it too late? droughts in romania, in 60 minutes on the w, the would be just, there's to us. that's why we listen to their stories. reporter every weekend on dw, the, as with so many african come, fix the latest fighting into don has brought dest misery to huge numbers of civilians. this time, even the un has been shocked by what's it called? the unprecedented speed of this integration. whatever happens to africa's low last

promise to silence the guns. mo, abraham 6 ounces.