to set you up, today's move. well, these are the top of the hour coming up next interest rates and you are on the move again, ron watts will tell you more in our dw business news updates in just the version now understand can have a site like provide just presented. do you have any news on the instagram follow up on the green. do you feel worried about the planning? we to neil,

host of the on the green fence post cost and to me is clear. we need to change the solutions around the joint. predict, sorry to the green trends formation for me to use for the northern interest rates. take another leap sky with europe and central bank has a mouse. it's 10 rates higher in a row and investigate why this one matches. germany's trades with india research and we'll look at the roles, the war and ukraine, f e u. tensions with china refined cycling, a plastic waste from them. hey, how india text all factories and setting old parcels

the state of the business on the box in the land. welcome to the far from the european 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, point is to persist in the high inflation in the your as i, as the basis for the decision. and they have comes and made a we can economic outlaws in your past, businesses and consumers struggle with high prices of more or less time during the industry to invite you to a business or both and not just respond. explain with this matters. so um, you know, just focus through this is yes, another right site by the cd. but why does this one method will drop? i can tell you, i'm really happy that i don'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 used to be tries to raise interest rates to sort of damp and business activity 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 that they've gone, so they're gonna, they're gonna get it. they've got to get the place and down and not drive the yours . i'm 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, what so the and thoughts are going to have on the rest of 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 may be slightly less growth to really bring down inflation. 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 commerce like poland or the tech 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 arizona and they will be impacted by a possible recession as well. so the should be, isn't, you know, concerned with that per se. but it will come, you know, complicate their task. yeah. and you mentioned that the west thing economic how it works. so what does that mean going forward? are we getting an 11th and the 12th hike after this? yeah, so it's not clear yet. they've kept their options. open, but they have hinted at the saying that this may be the last hike they're doing. so there was a new language in their communication to say 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 hire 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 rates will probably stay elevated for a while. okay, and i suspect then thank you very much for being is up to date on the latest from the rpm central back are moving on now i'm talking about bit more trade, but 1st look at some of the global business stories that are making the news speculates a safe space sykes could guess in advance launch license for another space flight as early as next month. it says the launch would come early months after iraq. it exploded in april investigation. that's to the company being required state dozens of corrective message measures from a source i work as

a set to strike with the union targeting for g m and chrysler sciences. the 1st have a similar time you strike against the choice. big 3, what's it make is they're both at a $146000.00 employees. pay rises of up to 20 percent of a 4 and a half years. but union is asking for twice that a french startup says it's raised to been in yours for an electric called factory giga factory. boosting your efforts to develop a set of dominated by asia, a as in region in northern friends have that of the electric vehicles actually make is and dana shipping company mask has launched an emissions free tank of powered find nothing. no. it's so. so for the company that will produce payoffs if your international shipping represents 3 percent of level 4, you have gas emissions as master learned is responsible for $1000.00 of we'll see, or attorneys. trade in goods with india is

surging 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 opposing west and sanctions against russia allows countries like india to fly up to russian file the final and then ship it to your for a half the profit. some of the oil is arriving in gym with tensions between your and china increasing i thought, deli correspondent, charter katya k. if india has taken on a new trade roll for jimmy of 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 federal statistics department at these figures. so that from january to just july, only busier, germany imported goods was more than 8000000000 is utilized from india. but that's

an increase of 1.7 percent on the year to year basis. and if you look 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 imports and 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 trades relationship is concerned, rob. yeah, and that's how the numbers buried tile. but what, what, where does this become tangible? what sorts of things and 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 this group is largely due to high and boats of oil products. these are mostly, uh,

refined petroleum products. those products that you get after refining crude oil. and these are just 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 area. and in july that went up to 451000000 euro. these are mainly gas item ports, 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 evolving relationship. the date of your child, kaji k. the sign that has a plastic problem, particularly with the colon polyethylene or pet drink, bought to us less than a 3rd of the 3000000 tons of plastic waste. india produce that each year gets recycled. the rest of it ends up and landfill listening. the landscape, however,

common makers are finding a way to breathe new life and to the left of a book. this machine is blending for easter and cold insights to form subjects. with these parties that fits odyssey made directly from victoria, it shows from recycled bed boxes, fit board moves and engineering plastics. okay. highly be squared. less taking offence when you stretch it. i get a 5 bed bottles of data. plenty. so why not? i make a 5 but out of 10 boxes. and you alone consumes $1400000.00 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 bank bottles to abandon it all started with the dock

because who collect the bottles and give them to an agent. the agent can watch these bottles in to start compressed plastic, which arrive at this crossing facility. every month we crush $800.00 tons of tech plastics. these big plastics go to various stages of sorting. rapid portals are separated from work. you've got people and other materials. these are the incentives to update the sinus austic piece is called re so i can spec flicks these fixed, a voice with caustic soda rings and dried to remove dog says i'm done with use. the next step is to make these hot voice please. and then what them to police to 5 was according to customer requirements. sport action, local list of label is done via technology card though they acknowledge that one digits that we do not use

a single drop of water in collecting the funniest to find. finally, the police to 5 is mixed with other materials like cotton, to form fabrics which are then tailored to make weight is about or i don't think we're clear product which is event, those super sustainable product. it is normally 20 percent more than the conventional police to us, i think based a 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 wrist was collected for his particular government in india, that excited industrial guns for 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 10000000000 usb by 2025. a. just

a reminder, the top business story that we're following for you this our new york and central bank as height just keeps interest rates for the 10 consecutive time and arrive in our stance at 4 percent. you see the president christine, my god, point is to persist in the high inflation. yours as a basis for the decision may have comes and that we can economic germany's trading goods with india is surging ahead. official justices x, sure. exports 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 it out on the data. we can use youtube channel as well. and we don't facebook as the to the doctor visits to next time the the

easily south direct mazes on the board and lines have all but disappeared on to which people seem to hear it runs is reinstating its board is what will that mean virginians focus on us next on d, w to the point strong opinions, clear position, international perspective. ukraine says it's counter defensive is making games with autism approaching the clock is ticking. meanwhile, russia is also facing graves shortages. could north korean holster rushes military, find out on to the point to the point in 60 minutes on w,

as we say there about never giving up every weekend on d w. the very warm welcome to focus on europe this week with me live show. it's come paying season in poland and the ruling national conservative party could lose its majority . so part of it strategy to attract borders has been to spread fear about refugees .