tv Business - News Deutsche Welle August 16, 2023 11:15pm-11:31pm CEST
11:15 pm
the you are up to date business news is next with a chip on ditch belive that's after a short break and don't forget that there's plenty more news on the information on our website dw dot com and you can follow us on our social media accounts on pablo so you leaves me in the team here in britain extra watching the door don't take mommy. under your mommy's not coming back. it's over. february 2022. russian troops in faded the ukrainian city of coupons. it was recaptured. 6 months later. the occupation this hard drive under russian occupations
11:16 pm
resisted who collaborated? how can life go on after all the terror? not everyone can endure the fear, weeks out every day. when we start to august 25th on dw, the, the china won't release youth unemployment figures anymore. aging says it wants to reconsider how it comes to numbers, but investors and locals aren't buying it all correspondent and type a will tell us why. chalets green emissions will look at how it is transforming its energy production and tourism and russian occupied crimea takes a hit. businesses are counting their losses as the unintended consequences of the war in ukraine mount and russia. welcome to the shell. to upon the tomb bellow
11:17 pm
the 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. b 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 be things, policies? well, there was a similar episode in 2021 when basing repeatedly delay the census data. release such a move suggest that bad news on youth employment rates. of course,
11:18 pm
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 eligible that the outside world perception will still be on the negative side if it's solely analysis. that it will not release the relevant data and how ordinary people in china are responding to this decision 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. something you've been said that move um will cost more social panic. but on the positive side,
11:19 pm
there are people who believe that stopping releasing use unemployment data can prevent those who think that they cannot find a job. and simply give up looking for one from frustrating their job seek and employment intentions against on the ground that that 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? well, some scholars tells me that it's a backlash against education and married talk receive. it's a predicted outcome all the expansion of higher education opportunities since the 2000. the government inflated the supply all the demick 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 a paradoxical situation. they have more opportunities in the education to any
11:20 pm
previous generations. and yet 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 at sport, green hydrogen gas to other nations in south america. now here is 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 po kimball, running on gas mix with green hydrogen. now what i'm going to do some people using
11:21 pm
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 to in order for the impulse you do. in 2022, the company entered a gas initiated an unprecedented project, and last in 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 molecule of releasing oxygen into the environment while generating green hydrogen, which is mixed with natural gas. the food energy, the whole, the structure that today works with natural gas can eventually be operated in the future with green hydrogen. what 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. blending can be replication in other cities around the world. natural gas is transported by truck and liquid form
11:22 pm
it and negative $174.00 degree 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 lost city and as monitoring the project. christian chavez explained its full potential of the one the most at the most you into the main thing 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
11:23 pm
so forth, and that's just for the $2100.00 homes in the project where the company is currently providing services to be in the pit. and the said, we feel 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. but a, you also do that and we'll get it for the wonderful. we have to look at the future at the pollution we have. and we have to lower it somehow later 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. can you let them know? and we'll see and put in a real contribution to d, 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.
11:24 pm
and now to some of the other global business stories making use or intel will drop, it's 5400000000 dollar 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 written here in year in place and 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 g 7 nations despite the bank of england hiking it's key, interest rate, more than a dozen times since late 2021. if you have the means electric vehicle make or vin 5 to switch shares climbed by to 70 percent edits. now that the view on tuesday, by end of trading,
11:25 pm
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 movement. 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, with its sandy beaches into clement weather. but the jewel has lost its shine. tourists all staying away. this is the you could also fish. this is a standard room for 2 adults and 2 children. there's a small kitchen here as it is an apartment and a bathroom, but as you can see, unfortunately were empty. there are no guests,
11:26 pm
no one wants to stay here. the usual flood of tourists just isn't coming in 2021 holidays decry me and made up 19 percent of the entire russian tourism market this summer. it's just one percent. looks at the 2 of the 2023 season and the worst season for quite a year since the collapse of the soviet union will set as well if it's costly use towards flow when compared to the season to just mention the reasons again says when that was chosen of 2021 says on the probably drawn up to the quarter. ready football compared to last year because of the i think the drum unit has to have with them yet the worst of virginia most like look at these 2 percent of in russia has stepped up, its military presence here, trenches, bases, and helicopters, and more anticipation of an attack by ukraine is the satellite picture show crime
11:27 pm
use infrastructure has been targeted explosions, rocking the coach straight bridge twice. and the cost here is the main on to reconnect in columbia 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 difficulties will be waited a whole day for their parents. are you the youth as long as you don't have to be crossing the claim? when brands are still ones that couldn't the fact that it included the new roads running suite 11. you also have traffic to them every day. you wait for 2 days to kind of have a bit of trust. excess ability is difficult so far, but that's what the, the list of the russian government has promised. a cash injection to keep up and tell it to the companies afloat. but as long as the potential ever made was caught in the conflict, taurus as will stay away, after all, who wants to holiday in a was own? the german government is set to approve
11:28 pm
a plan to liberalize rules on kind of setting the path for the criminalization of limited amounts of a 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 recreational 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 crime. and that's always show for today for more check out the 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
11:29 pm
what can be done in times of climate change. can we are deaf? and more importantly, can we even stop it? we look to brazil believes and south africa to ideas that hope to defy climate change. global us on d. w. profiting for similar to a ranking as the world's 3rd largest economy. india is blasting off. the country wants to catch up with the us and china by 23rd. some factors driving the upswing, digitization education and lofty ambitions made in germany dw. we've got some hot tips for your bucket list,
11:30 pm
the magic corner check. hot spot. and some great culture of the board has to boot w, travels off, we go, the, it's really for euro be serving their money jane, walking funds through to do quite a lot. tackling coastal erosion, villages and the leads of trying to keep an entire ocean a day resisting the flames. new construction methods aimed to prevent further damage in cape town, townships, and come.
17 Views
Uploaded by TV Archive on