around the world as well as push notifications for any breaking the vessel from me. and i keep watching because the interest rates in europe are on the move upwards. again, rob was, will tell you all about that. in dw business news. after the break, i'm getting part, i'm from one of us here on the news team invalid. find some support to insure by the every jenny is surprising. we've gone all out to give you some tips in your northern most count the police the free time.

but still very much alive. your guy to the special ed records where exactly it was fine. i have learned a lot of our culture history. all their travel extremely worth a visit. the northern interest rates take another leap sky with me or a fan central bank has a mouse. it's 10 rates hike 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 at the tensions with china reflect tackling of plastic waste from them. hey, how india x style factory sending old spots of the

state of a business on the box invalid. and 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, pointers to persistently high inflation in the your as i, as the basis for the decision. and they have comes and made a we can economic outlook in your past. businesses i'm can see him is struggle with high prices of more in this time doing industry, they advise you to a business or both of my sales rep on x being with us matches. so um it was, it took us through this issue. yes. another right site 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 that 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, inflation will remain higher than these to be like 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, but they 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 inflation 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,

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 e commerce, like poland or the tech 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 arizona 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 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, 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, but 1st look at some of the global business stories that are making the news us regulators say space ex could get an advance launch license for another space flight as early as next month. it says the launch would come early months after a rocket explosion in april investigation next to the company being required. state

dozens of corrective message measures termed i just always, i work as a set to strike with the union targeting for gm and chrysler sciences. the 1st have a single 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 a french startup says it's raised to 1000000000 yours for an electric called factory giga factory. boosting your efforts to develop effective dominated by asia as innovation in northern friends have that of the electric vehicles actually make is the funny thing is shipping company mask has launched an emissions free tank of powered find nothing. no, it's so so phone company that will produce payoffs if your international shipping represents 3 percent of level playhouse gas emissions as master learned is

responsible. 1000 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 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 all yes, the deli correspondent, char, cause okay. if india has taken on a new trade roll for gym, or 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 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 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 massive height in 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 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, 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 . those products that you get off the refining crude oil. and these figures suggest that the boats of oil products increased more than 12 times in dispute. 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 involving relationship to see how he's chartered kaji k . the india has a plastic problem, particularly with the common polyethylene, will drink bottles less than

a 3rd of the 3000000 tons of plastic waste. india produces each year, gets recycled, the rest of it ends up and landfill listening. that landscape, however, common makers are finding a way to breathe new life and to the left over both this machine is lending fully still and collect and switch to form 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 offence when restricted. i get a 5 bed borders 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

staples, 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 because $800.00 tons of tech plastics. these big plastics go to various stages of sorting. rapid portals are separated from work is gaps, people, and other materials. these are the incentives to clean these signs. austic piece is called recycled. netflix. these flicks of voice with caustic soda rings. i'm dried to remove dogs. so i've done what to use. the next step is to measure these port voice please. and then what them to police to 5 was according to customer requirements. sport action, local list of label is done by a 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 where it is about the other thing we're really a product which is event, those super sustainable product. it is normally 20 persons more than the conventional police to fabric base to governments. so people who believe in this recycling we give them the traceability information from government to the way smoking, but as being picked up. so any consumer will buy is overcoming. there's a few articles which you 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

10000000 used by 20. 25. is 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 in a row. and now stands 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 come. so maybe 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're on facebook. as to the doctor visits to the next tyler the

using the ocean as a giant battery and the deepest rocks on her as a he saw exploring new frontiers of clean energy. finding out what works and what doesn't. yet, testing new technologies in germany, looking for breakthroughs, made into next on d, w to, to gotten about the young people in myanmar are risking their lives defines for democracy against everybody. so military junta, terrorist do they face in the daily struggle myanmar. this will cost and resolution in 45 minutes

on the w. the words people have to say, that's why we listen. because every weekend on d w, the maybe you're familiar with the saying necessity is the mother of all invention around the world right now. but a subsidy is quite high as countries by climate change. any inventions coming take, for example, geothermal heat. iceland has been relying on it for years thanks to its volcanic

activity, but we're gonna look at how even germany is now trying to tap.