the one that's cool, small health from other e u countries continues to go 100 you're up to date, but he won't take if you can because interest rates in europe on the news again and robust will tell you all about that. and business news coming out right off the break i money groups and again, and thanks so much for your company, llc the it's a race against lucas soon. so it's very sick that she could time is only she must wait months in assess and to to, to 300 things to moment that will change her mind. find my home in the culture this weekend on w,

those to know understand can have a saying like the vine to present. do you have any news on instagram? no. follow up the northern interest rates. take another leap sky with me or a fan central bank has a mouse. it's 10 rates higher in a row and investigate why this one matches germany's trades with india researching when look at the roles of war and ukraine at e u. tensions with china website and tackling of plastic waste problem. hey, how india text all factories and setting old parcels. it's in

the state of a business. i'm a box in the land. welcome to the private and the or 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, 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 outlook in your past businesses and consumers struggle with high prices of more or less time during the industry. they advise you to be business, or both advisors respond texting with as much as so, um it was, it took us through this is yes, another right site by the cd. but why does this one matter? will drop? 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 no 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. 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, they're gonna, they're gonna get it. they've got to get 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 rates increasing here. but actually the impacts of it needs to be 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 commerce like poland or the check or public 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 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 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. that'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 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 new york in 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 us regulators say space ex could get an advance 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 next to the company being required to

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1000 of we'll see, or attorneys. trade in goods with india is searching ahead for search engines to test, so exports to what is now the world's most populous country. increased by more than 20 percent in the past 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 i thought, deli correspondent, charter, acosta k. if india has taken on a new trade roll for gym 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 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 and now flying back and forth between these countries that were until or are doing and in, 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 the refined petroleum products. those products that you get off the refining crude oil. and these figures suggest that the bolts of oil products increase 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 and 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. the euro so loudly, these 2 appear to be the centerpiece of this evolving relationship. is this charter kaji k, the india has a plastic problem, particularly with the colon polyethylene, all tech drink, talk to us. less than

a 3rd of the $3000000.00 tons of plastic waste, india produce that each year gets recycled, the rest of it ends up and landfill listening. that 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 play directly from petroleum. it's those 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 borders of data. plenty. so why not? they make a 5 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. 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 tech plastics. these bed 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 signing plastic piece is called v, so i can spec flicks these place a voice with caustic soda rings and dried to remove dogs. so i've done what do use the next step is to measure these hot voice plates and then what them to police to 5 was according to customer requirements. sport action la police to flight bill is done via technology court though they acknowledge that one did use 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 radius about the other thing we're really a product which is event, those super sustainable product, it is normally 20 percent more than the conventional police to subject 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 even know from way of the wrist 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 a reminder. the top is a story that we're following for you. this our new york and central bank as height is keep interest rates will be 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 diagnostic basis for the decisions may have come. so maybe we can economic germany's trading goods with india is surging ahead. official gems, the physics to 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 o dot com slash business, you can also check us out on the data. we use youtube channel as well, and we don't facebook as the domain doctor visits to the next tyler, the

answers, the conflicts of the west to continue to do what needs to be done. strong was so my guess is wait today says former deputy supreme commander in europe. richard. sure. there's a lingering field, but somehow we can go back to some sort of space as close to 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 grey of shortages. could north korean holster rushes military? find out on to the point to the point in 60 minutes

on d w. i just got to use it with a lot of say, what grade the, i worry about the will of a 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 stage of crow and 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 america general. so richard sheriff, welcome to the.