Skip to main content

tv   Business - News  Deutsche Welle  September 15, 2023 1:15am-1:31am CEST

1:15 am
is against the rob watts will tell you boulevard that's in dw business news news off to the frank object part and from port of us here on the news team. invalid. thanks so much for the these places in europe. this machine stepped into a bold adventure the treasure map for martin globetrotters. describe it as some of us wriggled, begging sites on youtube. and also what do you see? it really is possible to read 1st page researchers and scientists all over the world for in
1:16 am
a race against time. they are peers and rivals with one daring goals to help smart nature. the more likes watching it on youtube, dw documentary, yours or an interest rates? take another leap sky with me or a fan central bank has a mouse. it's 10 rates tie. it can arrive and investigate why this one matches. germany's trade with india researching. we'll look at the roles, the war and ukraine, and e. u. tensions with china fired and tackling of plastic waste from them. hey, how india ext all factories and setting old fossils.
1:17 am
the state of the business on the box in the land. welcome to the program. they are a fan central bank has hiked its 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 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 and this time during the industry to invite you to a business or both investors respond texting with this mattress. 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 is 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 a study. now,
1:18 am
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 dance 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 that 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 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
1:19 am
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 check republic. the, you know, don't have a euro. but also then there are countries like in your turkey that are tied into trade with the euro zone, and they will be impacted by a possible recession as well. so the is to 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'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
1:20 am
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. it's us regulators say space ex could get an advanced launch license for another space flight as early as next month. if so, the launch would come early months after a rocket exploded in april investigation. that's to the company being required to dozens of corrective message measure us also work as
1:21 am
a set to strike with the union targeting for gm and chrysler funds is the 1st have a similar time you strike against the choice. big 3. want 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 union is asking for twice that of the french start up. says it's raised to been in yours for an electric called factory giga factory. boosting your efforts to develop effective dominated by asia is and region in northern friends have that other electric vehicles actually make as well funded. and dana shipping company mask has launched an emissions free tank of powered find nothing. no, it's so so phone 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 we'll see, or attorneys. trade in goods with india is
1:22 am
searching ahead. official tends to test. 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 cheap russian file refiners 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 asked deli correspondent, charter casa k, if india has taken on a new trade roll for gym as well, 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 worth more than 8000000000 euros from india.
1:23 am
but that's an increase of 1.7 percent on the year to year basis. and if you don't get 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 a massive height in the trade relationship. and that's just the 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 freed 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, in great volumes as well. what these figures suggest that is good as long as the due to high and boats of oil products. these are mostly, uh,
1:24 am
refined petroleum products. those products that you get off the 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 boards. as 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. the euro so loudly, these 2 appear to be the centerpiece of this evolving relationship, or the charter kaji k. the india has a plastic problem, particularly with the colon polyethylene, all packed drink off to us. less than a 3rd of the $3000000.00 tons of plastic waste, india produce it. each year, gets recycled at the rest of it ends up and landfill listening. the landscape,
1:25 am
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 to form subjects. with these parties that states audits me directly from petroleum. it shows from recycled bed boxes, fit board moves and engineering plastics. okay. highly be squared. less taking offense many restrict it. i get it for a bit. borders of data. plenty. so i know they make the 5 or 10 boxes and you alone consumes 1400000 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
1:26 am
a pallet. it all started with the dock because who collect the bottles and give them to an agent. the agent converts these bottles into start compress plastics, which arrive at this crossing facility. every month we crush $800.00 tons of plastic. these back plastics go to various stages of sorting. rapid bodies are separated from work is gaps, 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 last legs and good. what them to police do 5 was according to customer requirements, sport action, local list of label is done by a technology card though they acknowledge that one did use that. we do not use
1:27 am
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 i think we're actually a product which is event, those super sustainable product. it is normally 20 percent more than the conventional police to us. i think 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, that excited industrial guns for nearly 5 percent of the countries 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 20. 25. is just
1:28 am
a reminder, the top is a story that we're following for you. this. our new york and central bank as hyped is key interest rates building 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 diagnostic basis for the decisions may have come. so maybe we can economic germany's trading goods with india is surging ahead. official gems to physics direct supports 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 don't facebook as the domain doctor visits to the next tyler? the
1:29 am
answer is the conflict. so i worry about the will of the west to continue to do what needs to be done. strong was so my guess is waiting today says former deputy supreme commander in europe. i mentioned sure there's a lingering field, but somehow we can go back to some sort of space and scroll down to who's russia that is not going to happen. the same thing happened. conflict next, on d, w to the point, strong opinions, clear position. international perspective. ukraine says it's counter offensive is making games with autism approaching the clock is ticking. and meanwhile, russia is also facing grave shortages. could north korean holster rushes military, find out on to the point to the point in 60 minutes on d, w. well then progress as tough calls to everyone who wants to know more
1:30 am
about this topic. the 2nd son of about the story is the on the headline world in progress. the w i worry about the will of the west to continue to do what needs to be done. strong words from my guess is weak base. i was full, the deputy supreme commander of your so richard sheriff, there is still in your, among european countries a lingering feel that somehow we can go back to some sort of states of the quote to with russia that is not going to happen. so what does he think will happen? so the loving prospect soon focus is allowed wake up, go to europe, the american general associates at sheriff, welcome to.

15 Views

info Stream Only

Uploaded by TV Archive on