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tv   Business - News  Deutsche Welle  August 16, 2023 4:15pm-4:31pm CEST

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alexia russo sealed the deal for england when she put the game out of australia's reach me 86 minutes. england reached the world cup finals for the 1st time in history. they will face springs footballs top prize in sydney on sunday. start break for australia. they are up to date businesses up next with triple and the 10 below that south for a short break i money keeps making and thank you for watching the imagine how many portion of lots of turn out in the world timing chain stores faces more plants, the way from just one week how much was going to really get we still have time to act. i'm going to like this, the one
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to know what's going on in roads. now, a group of friends is getting ready for an unforgettable mind. someone is in wiring . this beauty, this is roads now. and now is the time for you to book your trip to rhodes rhodes. once you love he's, he's the china won't release youth unemployment figures anymore. aging says it wants to reconsider how it comes to the numbers, but investors and locals aren't buying it. all correspondent in taipei will tell us why she lives green and visions will look at how it is transforming its energy production and tourism and russian occupied crimea, takes a hit, businesses accounting,
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their losses as the unintended consequences of the war in ukraine mount and russia . welcome to the shell. as upon the tomb bellow to china has stopped releasing use unemployment figures. bingeing says it is reconsidering how it calculates the jobless rate for 16 to 24 year olds in june. chinese youth unemployment roles to a record high of more than 21 percent. that's nearly 4 times higher than the countries overall jobless rate. they james latest move has left investors concerns about data transparency and china. the decision was really cute on social media. it is the latest warning sign. the beijing is struggling to turn its economy around. dw correspondence suits them. hun joins us from. ty pay with more to what does this move tell us about beings policies? well, there was a similar episode in 2021 when aging repeatedly delay the census data release. such
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a move suggest that bad news on youth employment rates, of course, bad news needs to be tightened and worded to minimize the impact of mass panic or sentiments in countries like china. agent will still have some internal information as to take 6, and it will not affect the implementation of the employment policy or the location of policy resources. however, it is an admirable that the outside world's perception will still be on the negative side if it's suddenly analysis, that it will not release the relevant data on how ordinary people in china are responding to this decision or or you has now already drawn wide sarcasm and quizzes and some people say that this is how the government usually solve the problem. some claudia to cover up or hide and seek and suggested that other negative data like the low birth rate should be suspended as well. some even
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set that move um will cost more social panic, but on the positive side, there are people who believe that stopping releasing use unemployment data can prevent those who think that they can not find a job and simply give up looking for one from frustrating their job seek and employment intentions against on the ground that the unemployment rate is so high in the employment environment is poor. now, until recently signed as economy was going fast. so why are we seeing record high youth unemployment or some scholars tells me that it's a backlash against education and mary tucker. c. it's a predicted outcome all the expansion of higher education opportunities since the 2000. the government inflated the supply all the damage degrees on the one hand to cater the demand. all the growing middle class, on the other hand, passed on the cost to individual families. chinese young people today face
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a paradoxical situation. they have more opportunities in education to any previous generations and get their chances of translating these into good jobs and prosper, site lifestyle on certain. so use unemployment is on surprising to many. it goes back to the government's policy making in education to thank you so much for joining us. sheila is rich and many sources of clean energy. the country has more than it can use on its own. that's why it holds to one day. it's board green hydrogen gas to other nations in south america. now here's a look at how chilly is transforming its energy production. the of literacy stiffness fills a pot with water to boil an ordinary everyday task, but it's one that has become somewhat extraordinary in the past 8 months. his home is one of more than 2000 properties and lots sit in on co. kimble running on gas
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mix with green hydrogen. now what i'm going to do some people using this gas with the injection of hydrogen. you can really notice the difference in speed. when you're cooking the water boy is much faster. and in the shower, the boiler heats up much faster. it's not a very positive effect. typical dealing with the foot though you push it through. in 2022, the company entered a gas initiated an unprecedented project and loss it in con kimball cities were several wind and solar farms are already producing lots of electricity. in this latest form of clean energy. electrolysis separates the components of the water molecules, releasing oxygen into the environment while generating green hydrogen, which is mixed with natural gas. both in the whole, the structure that today works with natural gas can eventually be operated in the future with green hydrogen. but we don't know a 100 percent, but we do know in irrelevant percentage throughout, this is the 1st step that will prove it. in practice,
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the blending can be replicated in other cities around the world. natural gas is transported by truck and liquid form it and negative 174 degrees celsius here. and this co campbell plant it's transferred, stored, and then returned to its natural state through these re gas if occasion plants that's owed rise. finally, the mixture is created, the gas that reaches homes right now is mixed with 3.2 percent green hydrogen. the goal is to increase the percentage to 20 percent, which won't require any modifications to domestic burners, the university of las city and as monitoring the project. christian chavez explains its full potential of the one the most at bank debussy until the day when we're able to inject 20 percent of green hydrogen into natural gas. we have a reduction of approximately $340.00 tons of carbon dioxide per year and
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so forth. and that's just for the 2100 homes in the project where the company is currently providing services you to be in a potential settings for that in place of homeowners. notice more than an increase and efficiency, they're also aware that they're contributing to the environment without any change to the cost of their gas bills. and that's not a useful if they didn't get it for doing wonderful. we have to look at the future at the pollution we have and we have to lower it somehow and it, we have to look for the means to have a better environment for the future of our grandchildren, of the people who come later. because as we are at the moment, we're not doing well at all, nothing like that mostly and put in a real contribution to de carbon ization in a country rich with many sources of clean energy chilly could one day be ready to export green hydrogen gas to its neighbors
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and now to some of the other global business stories making use, the intel will drop it's $5400000000.00 deal to inquire is rarely chip maker tower semiconductor. the company was unable to secure a regulatory approval from china. the development underscore is how tre tensions between the us and china are spilling over into corporate deal, making, especially when it comes to tech firms. britain here in year inflation dropped. inflation rates dropped softly in july to below 7 percent due to lower energy prices. it is the lowest reading and 15 months. however, you can't. inflation remains the highest among the 7 nations, despite the bank of england hiking its key interest rate. more than a dozen times since late 2021. if you have the means electric vehicle maker vin fat switch shares climbed by to 70 percent edits. now that the view on tuesday,
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by end of trading, the company was worth more than general motors and ford. however, only a relatively small number of shares were traded. so investors expect shop price most movements rather now besides the currency collapse, vices war on ukraine has also had many other unintended consequences for the country's economy. now that includes the tourism industry on the peninsula of crimea, which was unexpired russia in 2014. with the current war businesses they are losing out. crimea was supposed to be russians, crown jewel, according to the clinton, not just important militarily, but for trade and tourism. but it's sandy beaches in inclement weather, but the jewel has lost its shine. tourists all staying away. this is from the mission of levels where you could also fish. this is a standard room for 2 adults and 2 children. there's
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a small kitchen here as it is an apartment and a bathroom, but as you can see, unfortunately were empty. there are no guests, no one wants to stay here. the usual flood of tourists just isn't coming. in 2021 holidays to cry me and made up 19 percent of the entire russian tourism market this summer. it's just one percent. looks at 3 to a good that the the 2023 season the worst season for my new committee. since the collapse of the soviet union posts, as well as, as close as it was towards flow. when compared to the season, we just mentioned the reasons again, since when that was chosen of 2021. to probably drop it off to the what are your foot board to compare to last year because of the i think the drum unit has to have with them yet, the worst of virginia most. let's look at the just offensive in russia has stepped
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up, its military presence here, trenches, bases, and helicopters, and more anticipation of an attack by ukraine. as the satellite picture show, crime is infrastructure has been targeted explosions, rocking the coach straight bridge twice. and the cost here is the main on to reconnect and crimea to russia, meaning even those who want to come struggling to get here. sort of a student at the bottom of it, but there were difficulty. so we waited a whole day for the apparently is the use as long as we don't have to keep crossing the claim. when grades are still ones that could the fact that it included the new roads running suite 11. you also have traffic sounds every day. you wait for 2 days, what kind of house and about the trunk extra stability is difficult so far. but there's a lot of stuff now. the rest of the russian government has promised a cash injection to keep hospitality companies afloat. but as long as the parents feel everybody was caught in the conflict. torres, as will stay away, after all,
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who wants to holiday in a was own? the german government is set to approve a plan to liberalize rules on kind of his setting the path for the criminalization of limited amounts of the narcotic. the plan will allow german residents 18 and over to joined non profit kind of as clouds, where they can buy up to 25 grams a day for recreation to use. germany's willing collision helps the change will help push back the black markets and protect consumers against contaminated products while reducing drug related climb. and that's always show for today for more checkout and dw business dot com slash business, and d the d w, and use youtube channel. and we of course, also on facebook. so for me and the entire business team here in berlin, it's good by and take care the
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rocketing for similar to a ranking as the words 3rd largest economy, india is blasting all the country wants to catch up with the us and china by 23rd. some factors driving the upswing, digitization education and lofty ambitions made injury the, as you become pretty kind a told me about sugars paralyze between your societies. computers that are
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governments that go crazy for your data. explain how these technologies work. so that's how they can also watch it. now the, the in india is booming and it aims to become one of the world's biggest economies. india has come a long way since it's independence from british rule. on august 15, 1947. after years of struggle, the indian independence movement succeeded large least.

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