the state of a business, i'm a box invalid and welcome to the profile. they are a fan central bank has hiked it's k interest rate for the 10th consecutive time in a row. and now stands at 4 percent as press conference following the decision. you see the president christine, my god, pointers to persistently high inflation in the your as i, as the faces from the decision. and they have comes and made a we can economic outlaws in your past. businesses i'm can see him is struggle with high prices of more and this time during the industry they advise you to a business or both and not just respond. explain with as much as so, um, you know, just focus through this issue. yes. another rates hike by the cd. but why does this one matter? well, well i can tell you i'm really happy that i didn't have to take the decision today . this was a really close decision christine regard. talked about this in the press conference . there was back and forth, and during the meeting, the decision was basically between hiking or keeping and studying. now,

the difficulty really is the to non outlook because there were new numbers. today the inflation will remain higher than these to be like it to be. so they need to act, but at the same time there is uh, you know, growth is sluggish. now the difficult thing here is that the is to be tries to raise interest rates to sort of damp and business activity, or at the same time, they don't want to do too much because they, you know, may hide into the recession. yeah. if it's permanent trade off, if they've gone through, you know, they've got to get it, they've got a, got the inflation down and not drive the yours on into a recession like you say a. so we know what impact this has within the yours and borrowing rights increasing here, but actually the impacts of it needs to be a decision like this is beyond your so what was that? and thoughts are going to have on the rest of the what? yeah, so um, what policy makers have been saying in the past couple of weeks is that they will accept slightly higher unemployment numbers, maybe slightly less growth to really bring down inflations. now that has effects on

countries that, you know, doing a lot of trade with yours on countries. now, that's a big concern for a kind of like poland or the check republic the, you know, don't have a euro. but also then there are countries like india or turkey that are tied into trade with the euro zone, and they will get impacted by a possible recession as well. so, the should be, isn't, you know, concerned with that per se. but it will, can, you know, complicate their task. yeah. and you mentioned the, the west thing, economic outlook. so what does that mean going forward? are we getting an 11th and the 12th like after this? yeah, so it's not clear yet, they kept their options open, but they have sent to that saying that this may be the last hike they're doing. so there was a new language in their communication to say on this maybe, you know, sort of a pause for a while. and this ties in with language that central bankers hasn't preparing for awhile. it's like the sort of new paradigm of higher for longer. and this all has

to do with inflation expectations of consumers and businesses. central banks really don't want that people sort of lose trust in the central bank to keep taps on money . and that's where we use the numbers for next year or so higher than the c b wants them to be. that's why the rates will probably stay elevated for a while. okay, and i suspect then thank you very much. the thing is up to date on the latest, from the rpm central back it's moving on. now i'm talking about bit more trade. the 1st look at some of the global business stories that are making the news. speculate to say space x could get in advance loans license for another space flight as early as next month. if so, the launch would come early months after a rocket explosion in april investigation. that's to the company being required to dozens of corrective measures, measures from your sources. i work as

a set to strike with the union targeting for g m. and chrysler funds is the 1st have a similar time you strike against the choice? big 3. what to make is, of all, for the $146000.00 employees, pay rises of up to 20 percent of a 4 and a half years. but the union is asking for twice that of the french start up, says it's raised to been in yours for an electric call factory giga factory. boosting your efforts to develop effective dominated by asia is region in northern forensic sense of the electric vehicles. actually make is and dana shipping company mask has launched an emissions free tank of powered fine . nothing. no. it's still so far and the company that will produce the also, if your international shipping represents 3 percent of level 4, you have gas emissions. last 11 is responsible for 1000 of world ca.

c attorneys, trade in goods with india is searching ahead for september, so exports to what is now the world's most populous country, increased by more than 20 percent in the 1st 5 months yet. but there are complications and apparently upholding western sanctions against russia. allows countries like india to fly up to russian file refiners and then ship it to your for a half the profit. some of the oil is arriving in gym with the tensions between your and china. increasing i asked deli correspondent, charter casa k, if india has taken on a new trade role for jen to. what of that does appear to be the case right now, rob, of some very interesting details in the figures that have been recently released by germany's federalist that. a 6 department at these figures showed that from january to just july, only busier, germany imported goods worth more than 8000000000 is utilized from india. but

that's an increase of 1.7 percent on a year to year basis. and if you're looking at a 5 year window, that is from 2017 to 2022. this means that germany's in both from india have almost doubled. that's a massive height. and that's the method of hiking the trade relationship. and that's just import exports is just another story. exports to india from germany went up by more than 21 percent. so i mean this, this brings india really close to germany in terms of the food relationship. and now in the ranking of the most important recipients of germany's exports, india now ranks ahead of brazil and canada. so that's, that's just a dramatic change in the picture as far as the german indian trade relationship is concerned. rob. yeah, that's how the numbers buried tile. but what, what, where does this become tangible? what sorts of things are now flying back and forth between these countries that were until or are doing and you know, and great volumes as well. what these figures suggest that is good as long as they do hired in boats of oil products. these are mostly the refined petroleum products

that it's products that you get off the refining crude oil. and these figures suggest that the boats of oil products increase more than 12 times in the speed it from that is in from january to july this year. uh, they were 37000000 euros. there was 37000000 euros audio. and in july that went up to 451000000 euro. these are mainly gas or in boards. us apart from that, governments is also a major sector that has been identified in the industry board. clothing was the most important product accounting for 1000000000 euro so loudly. these 2 appear to be the centerpiece of this involving relationship. a. dr. kotik k, the sign that has a plastic problem, particularly with the common polyethylene, all packed drink off to us. less than a 3rd of the $3000000.00 tons of plastic waste, india produces each year, gets recycled at the rest of it ends up and landfill. let's ring the landscape,

however. common makers now finding a way to breathe new life and to the left over both this machine is blending for easter and cold insights. deformed subjects with these parties that fits audits made directly from petroleum. it's those from recycled bed boxes. fit board moves and engineering plastics. okay. highly be squared. less taking offense. menu strip. just i get a 5 bed borders of data. plenty. so why not? they make the fiber or 10 boxes and you alone consumes one point. $4000000.00 tons of plastic every year. along with it comes of responsibility to handle that plastic waste in an efficient manner. shooting up volume is located at google in south indian state of them and not converts big portals to about. it all started with the

dock because who collect the bottles and give them to an agent. the agent converts these bottles into start compressed plastic which arrive at this crossing facility . every month we crush $800.00 tons of that plastic. these bet plastics go to various stages of sorting. rapid portals are separated from what you've got. people and other materials. these are the incentives to clean the signing plastic piece is called re so i can bet flicks these flicks a voice with caustic soda rings. i'm dried to remove dog says i owe them what to use. the next step is to make these hot voiced leaves and then what them to police do 5 was according to customer requirements. a production la police to us label is done via technology court though they acknowledge that one digits that we do not use a single drop of water in collecting the funniest to fight. finally,

the police to 5 is mixed with other materials like cotton, to form fabrics which are then tailored to make weight is about as has been weekly a product which is event. those super sustainable product heat is normally 20 persons more than the conventional poly is to fabric. mr. gomez. so people who believe in this recycling we give them the traceability information from government to the way smoking that is being picked up. so any consumer will buy is overcoming, there's a few articles which he can scan. and he will know from way of the waste was collected for his particular government. in india, the big sign industrial guns when nearly 5 percent of the companies g d p. it is also one of the most polluting industries. fortunately, the sustainable fashion market in the country is set to go at 11 percent to reach 10000000 used by 20. 25. is just

a reminder, the top is a story that we're following for you. this our new york and central bank as 5. just keep interest rates for the 10 consecutive time in a row and ask us at 4 percent. you see the president christine, my god point is to persist in the high inflation. yours and as a basis for the decision may have comes and maybe we can. i can always germany's trade in goods with india is searching ahead. official gems, the physics to explore as to what is now the world's most populous country, increased by more than 20 percent of the 1st 5 months. so from the end of business team here in berlin from 1115 to we don't com slash business, you can also check us out on the data. we can use youtube channel as well. and we're on facebook as the domain doctor visits to the next tyler, the

secure the evidence that the changes in south africa poaching is a business with millions of heroes of the main and detective that has to end. and so ranges are now being trained in forensics, turn snow to purchase noble in 30 minutes on d. w. and the china is favorites probably knowing your billions in loan promoter infrastructure investments. serbia is the bridge hand foot china as news sell cloud critics or warning of too much dependence and control china's influence in 75 minutes on d. w. it's

a race against time soon. so it is very sick that she could time is she must links months in uncertainty to to 300 things that will change her mind. find my home in the culture this weekend on w. hey nice, it's evelyn charmaya. welcome to my pod cast. last matters that i am by celebrities, influenza, and experts to talk about all playing loved data and yet today, nothing less the south. all these things in more and the new season of the pop. com, make sure to tune in wherever you get your thoughts costs enjoying the conversation . because you know it's last matter

the the, you're wanting to know the news coming to live from berlin. libby and officials say up to 20000 people may have died in flooding caused by parental rain and bursting dams. mass funerals are being held for the victims as concerns grows about the disease spreading in the destroyed city of there. now. also coming off on the show, the italian islands of land produced is under a state of emergency after a records, 7000 migrants arrived overwhelming local surfaces. the.