tv Business - News Deutsche Welle September 16, 2023 1:15am-1:30am CEST
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ations, the tariffs never shied away from serious subject methods, including violence and politics. his daughter says he died friday morning in monaco, due to complications from pneumonia. that's all for me for night, but stay tuned. robots has gone for the business use. thanks so much for the process category issues or thoughts. see what the sometimes a seed is of all you need to allow big ideas to grow or to bring an environmental conservation to wife with learning facts like global ideas. we will show you
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how climate change and environmental conservation is taking shape around the world and how we can make a difference. knowledge grows through sharing, download it now from the, the economics cost of a human disaster after a devastating, as quite killed thousands in morocco will look at the impacts on livelihoods and ask how the region can recover. and does this giant method all powered ships? mock a significant step towards green, a shipping state of the business on robots in berlin. welcome to the program. that's a very risk, like in morocco, passport, immense human suffering to the population with thousands dad. and it's even more
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injured, 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 that blows from their own trees. for many people in the small village of an 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 apples failed because of the us quake rebuilding homes and livelihoods is likely to be an over colming task for most people in rural morocco.
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and this is the most affected by the quake 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 our initial aid deliveries of food in tents . and i sort of a discuss the economic impact of that devastating of quake and 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 clearly of immeasurable, but what sort of economic damage has the quite dunn's barriers effected? i think you said you might just, it's very difficult to, i think right now further than the, the normal human costs. and obviously i think the folks are with the people who ask you lost family members in, in this risk event. but i think over the coming weeks and months we're going to think i'm here a lot more about the,
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the longer time economic consequences for the region. the area that's been most affected traditionally quite logically reliant on, on both agriculture and tourism. the are these, these mountainous regions around mar cash, which obviously itself is, is a terrific hotspots. and both of these industries are likely going to be affected quite substantially for quite some time. they're also dependent on the infrastructure and 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 damaging 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 in comes off to not, not night, but you know, people have have a place to live and that they don't pay rent in. and to stop buy a lot of these houses. a lot of these assets along this infrastructure has been destroyed, is going to be really, really brutal hit on on livelihoods, especially amongst those who have lower incomes in these communities. and it will
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take a long time for people to discover 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 lot 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 really means that there's a lot of work to be done. and that is, i think those work for morocco, but also hopefully for, for international assistance. and the world bank thinks that the essay could not some 8 percent of morocco's dd page. that is, becomes like $10700000000.00 as a huge amount of money. how is more, okay, or is more like you're gonna be able to cope with that kind of hit to
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a cdp. i'm always extremely cautious with uh, gp estimations like that. i come so quickly after a tragedy like this. i think it's extremely difficult to, to put numbers on these kind of things. the walk back is going to be able to, to at least partially verify some of us themselves because they have their, their annual meeting and in our caching, just a couple of weeks. it, i think the impact of this will be had to genius the distribution. and i think that is, is a key thing to keep in mind. that is yes, it has a national impact. yes. or have an impact on the national g p. but the able to take today have an impact on the people in the regions where, where it is um, you know, where, where the of these things have happened. and so i think it's scanning to the national picture that quickly is, is distorting the impact 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, in these villages and towns that have been most effective like scully and from the state of development studies that now some of the other level business stories that
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are making the news british chip design um, has made its debut on nasdaq and the biggest drive here since 2021, just saw it as much as 20 percent on the 1st day of trading value in the company. more than $60000000000.00 and windows of the nobel prize is we'll get more award money this year, totaling nearly $1000000.00. the neville neville foundation says it's increasing the amount to reflect it's stronger financial position. it also compensates for decline, and the value of the swedish crown, or less 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. laura, the pride of the world largest shipping company maersk at
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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 a lot to me to see that we are the, let's say the pioneers in, in the carbon lising the industry. and that's, we were making this happen here. and now, and we have a ship with us. and this is only the store, so it's because i think the other for us 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. the nice things 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 agreeing transportation to future as well. so seeing merits could do this and being the 1st company to do isn't denmark is, is very exciting to, to make such
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a big impact in stem from the world mirrors. because already order $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 pipelines, abo, but when i look at the trend forward, looking ahead, it's deeply upward. we'll get this a started off holding. but there is 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 and all for laura and denmark. the plant is under construction, so it looks like construction sides towards the end of the year. so the mechanic completed, and then in the 1st half of next year, we put power to the plan. no stop producing the 1st drops of other projects are in
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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. c. l energy institute, thanks a lot for being with us is messing all the solutions of the 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 luck to don't tell them scalable solution it's an alcohol which means it contains call them hydrogen and oxygen. and the company 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, it's going to be very expensive. so we identify green of already have drawn from onyx of nimble electricity,
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and that's the lowest cost solution for the shipping set to them. and how close of those technology is to being a viable alternative to the way that shipping is being fueled at the moment. so the right place, we're seeing several orders forwarded email ships, which are ammonia to fuel ships, are able to consume a minute as well as conventional people who are just like domestic trips that you feel ships um, but just with mechanisms, you know, tons of you. so the, so the machinery is being ordered now, and the supply of ammonia is ramping up squared aware of about 3 extra jewels, which is several 1000000 tons of production, which has been committed to come on the line with a misstep. okay, 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 to get a sense from mass because they do see the method l as a stop gap they say that is,
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you know, they're not getting all in on nothing, all i think is the phrase that they use to describe it. but um, in the meantime, i mean, is that a big improvement on, on the way that shipping has been done? should we be getting excited about mass go doing 25 of these ships in my opinion? no. because essentially what they're doing is running ships on biofuels said the anything that matches now is to move the set to 2 hydrogen drive teams, which are produced using 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 to, is not doing more than say 65 percent improvement. so it isn't capable of being the long run solution with a few minutes consuming. now, a by fuse can be used in conventionally design ships. um there's nothing preventing
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us using something called hbo, 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 too much for machinery. so it hasn't advanced us on the critical stimulation of this a 100 percent renewable supply chain of fuels. and it does show that we can operate best was the best. no, but there were companies stand up, for example, they were doing that many years ago. so it has an advanced to ship technology hasn't advanced the supply chain given that they're all ready vessels already moving on bottles, i just dismissed from you cl, energy institute. that's all for me in the business team. and by the end of all i have to d, w dot com slash business order. the data we can use youtube channel will see whatever that i guess the,
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