tv Business - News Deutsche Welle September 15, 2023 11:15pm-11:31pm CEST
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and that's all from me for now. stay tuned because the rob watts will be accounting, the economic costs of in the real quick bouncing the dw business in just have a good day, great weekend. the every jenny is surprises me. it's gone all out to give you some of the right people in your northern most count the police the free time,
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but still very much alive. your guy to the special hot sauce in germany recognizes where exactly it was fun. learn a lot of our culture history, all their travel extremely worth a visit. the, the economics cost of a human disaster after a devastating of quite killed thousands and morocco will look at the impact on livelihoods and ask how the region can recover. and does this giant method all power shifts? mock a significant step towards green, a shipping versus date of the business on robots in the land. welcome to the program is a very quick in morocco, passport, immense cube,
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and sufferings to the population with thousands dad and even more ended. and it's also set to take a tough economic toll. the region west affected by the quake has been seen infrastructure destroyed, and livelihoods have been put on the line samples from their own trees. for many people in the small village of and nogales and then the rocket and province of al hose. the fruit is an important source of income, but the severe earthquake has cause devastating destruction in this area. houses in the village have collapsed and it's unlikely that there will be any income from apple harvesting this year. the agriculture was seriously affect it, and we will call to earn a little money by planting apple trees to prepare for the start of the school year . but now all the episodes failed because of the u. s. quake rebuilding homes and livelihoods is likely to be an over whelming task. for most people in rural morocco,
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the 6 the most affected by the quakers irrigation. almost all pipes were destroyed . additionally, our harvest of apples and walnuts failed due to the quake we have never experienced such a devastating quake before my mother. and i got fortunately, rescued teams are able to reach more and more remote areas and the initial, a deliveries of food, intense. and i sort of a discuss the economic impact of that devastating. i've quite a morocco with mike scully and he's a political scientist. so the is huge of development studies in london. thanks a lot for being with us. i mean, the human cost is totally of immeasurable but, but what sort of economic damage has the quite dunn's barriers affected? i think you have said you right it's, it's very difficult to, i think right now, further than the, the enormous even costs. and obviously i think our thoughts are with the people who yes, we have lost family members in this risk ident,
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but i think over the coming weeks and months we're going to think i'm here a lot more about the, the longer time economic consequences for the region the area that's been most effective um, traditionally quite logically reliant on, on both accurate culture and tourism. uh, the are these, these mountainous regions around mar cache which obviously itself is, is a terrific hotspots. and both of these industries, i'd like them to be affected. i quite substantially for quite some time. they're also dependent on the infrastructure. i'm roads into the mountains, all of them. the condition of one of those in, in the coming weeks and months is, is unfair. but i think the most damage and impact uh, economic he's going to be on the people in communities in these areas. if we think about livelihoods in these areas, a lot of people tend to own their own houses. it's. it's a really central assets for people. um that income's often not, not nice, but you know, people have have a place to live in that they don't pay renting. and the fact that a lot of these houses a lot of these assets, a lot of this infrastructure has been destroyed, is going to be really,
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really brutal hit on on livelihoods, especially amongst those who have lower incomes in these communities. and it will take a long time for people to recover how well positioned is the rock hard to rebuild, particularly the infrastructure that you've talked about. i think it, there certainly efforts are being made. and morocco has taken some international aid as well. but i think it's, it's a substantial undertaking that will take a loss of time and it's also for reach. and that time historically has, has often seen itself as being marginalized, as often seen itself as, as not having seen enough invested in it. and so that on top of these dynamics, you now have this, this further deterioration. but it really means that there's a lot of work to be done. and that is, i think those work for america, but also hopefully for funds national systems. and the world bank thinks that the essay could knock some 8 percent of morocco's dd pay, which that is becomes like $10700000000.00 as a huge amount of money. how is more,
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okay, or is more okay to be able to cope with that kind of hit to a cdp. i'm always extremely cautious with uh, gp estimations like that that comes so quickly after a tragedy like this. i think it's extremely difficult to, to put numbers on these kind of things, though the walk back is going to be able to, to at least partially verify some of us themselves because they have their annual meeting. and in our caching, just a couple of weeks. it, i think the impact of us will be heterogeneous distributed and i think that is, is a key thing to keep in mind. that is, yes, it has a national impact. yes, it will have an impact on the national g p. but the able to take to they have an impact on the people in the regions where, where it is um, you know, where, where the of these things have happened. i'm so i think it's scanning to the national picture that quickly is, is distorting the impact uh, quite a bit. the fact is very focused and very concentrated. so yes, it might save of a couple of points of gdp nationally, but it'll be a lot more than that in,
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in these villages and towns that have been most effective. max calling from the institute of development studies that asked some of the other level business stories that are making the news. british chip design a um, has made its debut on nasdaq and the biggest off here since 2021. just saw it as much as 20 percent on that 1st day of trading value in the company. more than $60000000000.00. and when does the nobel prize will get more awards money this year, totaling nearly $1000000.00. the neville neville foundation says it's increasing the amount to reflect, it's a stronger financial position. it also compensates for decline, and the value of the swedish crown, the shipping needs to get green of the maritime industry accounts for around 3 percent of label, greenhouse gas emissions. that's why one of the biggest companies in the business has just taken a step towards having a more environmentally friendly fit. there she lives in copenhagen harbor.
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laura, the pride of the world largest shipping company maersk at a 170 meters long. laura is considered a smaller container ship, but it is unique. laura is a 1st container ship to run on bio methanol and no longer on climate damaging heavy fuel oil. something mirrors can take satisfaction and it means that last time you can see that we are the, let's say the pioneers in the car, lising the industry. and that's, we're making this happen here. and now, and we have a ship with us. and this is only the store, so it's, i think the other part is that it's just the source of many, many more ships that are going to come as it has to do carbonized. the, the industry curious onlookers stand around the pier. they want a glimpse of the 1st green container ships a message. this being a 1st mover is going to be an eye opener for a lot of other companies to follow merced and hopefully we're going to have more green transportation to future as well. so seeing merits do this and being the 1st
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company to do it in the market is, is very exciting to, to make such a big impact in spam from the world. mirrors has already ordered $24.00 more container ships with engines that can run on bio mass and all their competitors are also switching over the engines manufacturer is experiencing strong demand. i think you move in time of the moment. we have $180.00 engines in order and there are around $200.00 engines in the project pipeline. but when i look at the trend forward looking ahead, it's deeply upward. ok. this is shy level, but there's a problem. bio method all is currently not available and sufficient quantities may i ask is partnering with firms like european energy using wind and solar power. the company wants to produce enough bio mass in all for laura and denmark. the plant is under construction, so it looks like construction sides towards the end of the drill team to kind of get it completed. and then in the 1st half of next year,
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we put power to the plan and it will stop producing the 1st drops of other projects are in the planning stage, but ships won't be held back for lack of bio methanol, if necessary. the engine can still run on heavy fuel oil. we can now speak to dr. tristan smith from the u cl. energy institute, thanks a lot for being with us, is messing all the solutions of a shipping industries, environmental problems or not. or when it might be part of the solution, but it's not the one that we have identified is the lucky, long term, scalable solution. it's an alcohol which means it contains common hydrogen and oxygen because it is actually the real challenge. how do we make mess? no competitive, because we will need renewables to complement and a way to get up to just come from buyers sources. and. and if we don't bring it from by sources is going to be very expensive. so we identify green,
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ammonia drawn from homage, something new, but electricity, and that's the lowest cost solution for the shipping set to them. and how close are those technologies to being a viable alternative to the way that shipping is being fueled? it might so the right place we're seeing several disposing email ships, which are ammonia to fuel ships that are able to consume a minute as well as a conventional people who just like the mask chips and you feel ships of just with mechanisms. you'll tend to, if you, so the, so the machinery is being ordered now, and the supply of ammonia is ramping up squared aware of about 3 x seduce, which is a several 1000000 tons of production. which has been committed to come on the line with a mis decades. so base the production of the fuse, i'm the machinery and the ships is developing in a similar speed. but maybe a couple of years behind the, the method. all possible you get
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a sense from mass because i do see the method know as a stop gap. they say that is you have been all getting all in on mess and all i think is the phrase that they use to describe it. but um, in the meantime, is that a big improvement on, on the way that shipping has been done? should we be getting excited about mask ordering? 25 of these ships in my opinion? no. because essentially what they're doing is running the ship some by few will say the anything that matches now is to move the set to to hydrogen drive things which are produced, usually with a renewable electricity the most regulations in july we're clear that the average ship needs to have a 90 percent or better greenhouse gas intensity reduction will be on the existing fleet on the 2008 bill ships, which is which is a baseline. and this special operating on a by 2 is not doing bolden say 65 percent improvement. so it isn't capable of being the long run solution with a few minutes consuming. now,
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a biofuels can be used in conventionally design ships. um there's nothing preventing us using something called hbo or which is $100.00 basic but for the oil switch or another type of buy people. but you can use those as a substitute for conventional oils. but a few miles that we use and ships which have conventional machinery. so it hasn't advanced us on the critical stimulation office, a 100 percent renewable supply chain of fuels. and it does show that we can operate best those of us know, but there were companies stand up, for example, they were doing that many years ago. so it has an advanced ship technology hasn't advanced the supply chain given that they're all ready vessels already moving on. bottles are just as nice from you, cl, energy, and cities. that's all for me in the business name. and by then from what i have to do, either way, dot com slash business or the data, we can use youtube channel to see whatever that i guess the,
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the new will tell you. happy that way of boxing. the story. we have a, getting a visa is more difficult than finding gold plus the 2 year courses and for the future in the stories and issues that are being discussed across the country. news african next on d, w. india. we don't have to have it any way on the board said everyone, that part of this so in the field is going to be very easy for us. they may know pollution, nothing champions of 0 ways. presidents of temporary teams while outside english, 50 ground, one more step, thoughts of something big, eco, india,
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teen and 60 minutes on d, w. these places in europe, a smashing step into a bold adventure the treasure map for martin clo, discover some of us regular bragging sites on youtube. and also the this is the, the news of the guy coming out from the program. why i saw most of africa's less fortunate, forced to live in death traps. reasons files were killed in thousands of people into his back exposes the feelings in south africa's house and industry. we gain re access to the so called hijacks building. also ahead and you report to details how the global demand for rechargeable batteries is costs and evictions on.
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