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tv   Business - News  Deutsche Welle  September 5, 2023 5:45pm-6:00pm CEST

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and that brings me to the meetings type of course, a couple of items of the program will off shots has calls for german car companies to quote the risk to protect germany's flagging car industry. it comes as the german chancellor opened the i a mobility trade show in munich and comments addressing fears of a competition with china. and mister shaw said german companies should diversify their supply chains to avoid dependence on specific countries. here's what you have to say. yeah, i'm and, and forgotten. and yeah, over the past years we've all seen how quickly political and economic challenges can become massive in this article of economically strong democracies. the g 7, we've collectively decided to face these challenges with determination and measured action items all through the risk and rather than the coupling midst minutes, the coupling. it's not a mountain trapping, longstanding supply relationship. so excepting growing markets, but at the same time, we're working together with your company is to diversify and,
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and risk you dependencies in strategically important areas that provides you our opinions, cards, and incentives to be sticking that item. well, so much for the bigger picture that the transfers painting there. but how does that translate into bringing e mobility forward at home? both the transfer said that in the coming weeks, germany would become the quote, 1st country in europe to introduce a law. requiring operators of 80 percent of all service stations to provide fars fast charging options to charge electric vehicles. now our corresponding christy plots and isn't really for us, christy is having enough charging stations. the biggest problem the jeremy needs to fix when it comes to e mobility. all right, chris, what i would ask you and our viewers to imagine that you're an average german person living in a relatively well populated neighborhood. and you look out at your street in the evening and you see your street is lined with cars. now imagine that all those cars are supposed to have electric engines,
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and most people will not say that they currently have charge and capacity for that in their neighborhood. so this is certainly a major concern for people when they consider whether or not to adopt an electric vehicle. but it's not the only one. there's also the high price tag associated with most ease uh, the fact that the delivery times are currently quite long as well. and in general, the car market is in kind of a swamp, whether you're looking for an e b or not right now. so there are other factors at play as, as well. first of all, know that the mobility is the name of the game right now. but even as electric vehicles have become more popular in the past, car companies have still been using these gatherings while you are, for example, to show off the latest and conventionally powered cars. what's there on display? and how important is it to manufacturers? right, chris? well, there is actually not a single diesel engine car on display uh at the trade fair this year. uh, i 1st walked around noticed. okay, i'm not seeing any,
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but then i actually found out later that uh, the organizers of the event the va said that they do not want any diesel engine vehicles on display at the event. so this is definitely, i guess, a strategic stance that the organizers are taking a real, a real stance or taking about what the future of mobility is going to be the day, of course being the association of the car producers in germany here. now this is the same ability, fair way you are in munich. what are the ways of getting around in a sustainable fashion? are there on display there besides cars? right, well what i can say is where there are no uh, diesel engine vehicles are certainly plenty of the vehicles not just call ours are also seeing email, pets, e motorcycles. this morning. i spent some time in the city center where there was a much more of the trade for open to the public. i was testing out there uh, a bike that was something of a cross between uh a car bike and a racing bikes. so
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a really lightweight, sporty, uh, cargo bike. and there were plenty of other bikes on display as well, scooters as well. so um there is certainly much more on display than just standard vehicles. uh, buses, camber cars, anything you can drive, you've got it here with an electric engine, basically the w correspondent, christy platinum unit. christy, thanks and out to some of the other global business stories making news, quanto c o l and joyce will exit the airline 2 months. i swear earlier than planned as the australians not caring deals with criticism for expensive. we are affairs mass delays, and the treatment of workers. columbus has also been sued for allegedly selling tickets to thousands of flights it had already cancel. joyce will be succeeded by vanessa hudson. the 1st woman to be there on the maker of weight loss truck. wiggle . v has become europe's most valuable firm. with a market valuation of 400000000000. yours shares,
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denmark's noble nor desk rose after the drug was launched in the okay, regal re is an obesity treatment which tricks people into thinking. they are already full. so they end up eating less workers at to chevron l n. g projects and australia. applying a total strike for 2 weeks starting mid september, it would be a significant escalation of an ongoing dispute overpaid and conditions. australia is the world's biggest ellen, g exporter and worries about long term disruption has stopped volatility in natural gas. hundreds of young environmental district of the streets of the canyon capital nairobi, demanding action on climate change. as after done as the applicants, simon climb, its summit kicked active as called on world leaders to reduce taxes and increased subsidies on renewable energy like solar, demanding africa to transition to renewable energy. the 1st african climate summit
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opened with heads of state and others, starting a stronger voice on a global issue that affects the compound at a 1300000000 people most, even though they contribute to products. here's what canyon president, william, brutal. that's how the energy needs with india, the resources the continental us and not potential to be entirely self sufficient. the next slide, 0 time, a sustainable by of us and hydro pop. you know, we can be a green industrial hop that helps other regions. i'd seen that net 0 strategies by 205010 new president willing brought how speaking there. another european investment bank is one of the biggest lenders to african climate projects . my colleague and brussels christine would want spoke to the vice president of the
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e. i. b, thomas s for us, she asked them what the d i, b is bringing to the table at the summit. you will see the investment back, as you know, is the world's largest most lots of development bank. so under the heading of the global, we represent the, the european union financial on here, the night over today. and it is a very important meeting, the summit of african leaders, african business, european governments, and the development banks. and we are as a climate bank, i think it's very important active employment investment in africa. as we've got to points house that africa has an abundance of natural resources. see it? if you look at what the continent gets in terms of the global share of energy investments, it's only guessing 3 percent. what do, what do african countries have to do in order to attract more investment in this
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regard? that's a very important question and that is what we debated here in united robi can in the states what we could do together by pointing out that the yesterday i had a very productive meeting with president due to the organizer and host of the so massive conference and the suite topics throughout the operation. first of all, investments in the energy we've been partnering up with. can you have for many years now? we're looking at how we can increase geothermal renewable energy to see to that. it also gets the lat, s my out to the communities. secondly, how to use the renewable energy to create those green hydrogen in the future. very important step for africa and for europe. so together with the commission president joseph law, it was an underlying and president to, to i today joined them to sign the our support to,
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to the green hydrogen growth mat. certainly investment how you're using the green energy present through to an i a discussed it in the very interesting investment in electricity as buses, electric buses, even though it will be rapid bos transport that can revolutionize the way the people move into congested city or 9 will be in a green way. so i think these 3 things shows always what we can do with other countries in africa. i guess my final question is we, as a global community, we've set out to achieve what we pull the sustainable development goals. and we know we've, we've already been told that we're not on track to, to accomplishing those to reaching those milestones. and i wanted, um, what do you think that that is down to, um, of course we, we are having a conversation now where you're having this time. it's some, it's on the continent that is producing perhaps the least to the problem. and we
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have a lot of talk in terms of the historical and mrs. but sometimes these financial commitments don't follow through how we're going to get back on track as a global community to achieving these sustainable development goals that we set out to to accomplish. i think the conversation to a knight who will be shows a way for that. i mean it's easy to 40 and professionalism and start to think about that. the decision on sort of a problem that is not i think away for school. and then what i've seen here around the african leaders and into debate and then i will be, is a growing optimism that the could be in transition can really be the starting point of new, much stronger economic development on the african continent. i mean, it's, we had this conversation 10 years ago, renewable energy was still very, very expensive to predict dupes and not competitive today with new technology, solar and wind, and the thermal. the prices have come down during that ditching. we have
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a new situation. if we do not use this to invest in the future, we will regret it very badly. so this, that's why i was there all that was like to see it as a starting step for something big that we can do to you. all right, tell us us to us, vice president of the european investment bank. it's been good having you on the w business. thanks for your time. i thank you my colleague, christine one who are reporting there. and here's a reminder of the top business story. you were following for you at this hour. german transferred all of shaw size calls on german carmakers to be more competitive. speaking at the i a mobility show in munich, you also announced a new law meant to increase the number of fast charging stations in the country. that's our show. thanks for watching. chris kolber and roland have a successful the
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dw, the this is the depth of the news live from within the kremlin silence on possible weapons talks between russia and know 3 of us, maybe a say can jump on is planning to visit vladimir, put in 2 nations have previously committed to close to the freight cooperation. also coming up, people says it's on cover the traffic can bring recruiting people to fight for russia in ukraine. authorities believe cubans was signed up post in the homeland and in russia. so coming up this african lead.

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