tv Business - News Deutsche Welle September 16, 2023 8:15am-8:30am CEST
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the, the, that's all the news for now in just a moment from watts will be counting, the economic cost of brokers is quite vesting date of the business after a short break. i'm anthony out in the lane for me and the team here. thanks for watching and stay with us if you get the question about like the universe and every thing, sir. well, then give it. here's the answer to almost everything. we're documentary series with whoever raising the ground to break these questions
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after life are we are sitting, saving the questions for the present future and heads filled with the ideas. so get ready for the brain updates. 42 inches to almost everything this week on dw, 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 power shift? mock a significant step towards green, a shipping state of the business on robots in the land. welcome to the program. it's a very quick in morocco headboard. immense human suffering to the population with
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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 that blows from their own trees. for many people in the small village of and nogales and then the rock and province of al hose. the fruit is an important source of income. but the severe earthquake has caused 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 us quaking, rebuilding homes and livelihoods is likely to be an overwhelming task. for most
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people in rural morocco. the 6, the most affected by the quakers regression, 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, intense. let's further 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, but what sort of economic damage has the quite done barriers affected or i think you have said you might just, it's very difficult to, i think right now, further than the, the norms even costs. and obviously i think our thoughts are with the people who ask, you've lost family members and as high 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 large given lines on best, accurate culture and tourism. either of these, these mountainous regions around my cache, which obviously itself is, is a terrific hot spot. and both of these industries that like you're going to be affected quite substantially for quite some time. they're also dependent on infrastructure and roads into the mountains, all of them, the condition of one of those in, in the coming weeks and months is, is on sale. but i think the most damage of the 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, on 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 rent and i'm just not buy a lot of these houses. a lot of these assets, a lot of this infrastructure has been destroyed, is going to be really, really brutal hit on on livelihoods,
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especially amongst those who have lower incomes in these communities. and it will take a long time for people to recover how well positioned as the rocker 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 them not. and historically has, has often seen itself as being marginalized, has 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 escalade could not some 8 percent of morocco's gd page. that is because like $10700000000.00 is a huge amount of money. how is more, okay?
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or is more likely going to be able to cope with that kind of hit to a cdp. i'm always extremely cautious with uh, g p 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 annual meeting. and in our caching, just a couple of weeks. it, i think the impact of this will be heterogeneous the distribute. 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 d 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 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, in these villages and towns that have been most effective like scully,
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and from the estate of the development studies that some of the other level business stories that are making the news, british chip design a mom 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 when does have the nobel prize is we'll get more awards money this year. totally 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, 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 mass and all and no longer on climate damaging heavy fuel oil. something mirrors take satisfaction and it means a lot to me to see that we are the, let's say the pioneers in the car, 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 part is that it's just the source of many, many more ships that are going to come as it has to do carbonized. yeah, the industry curious onlookers stand around the pier. they want a glimpse of the 1st green container ships. they think 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 isn't denmark is, is very exciting to, to make such a big impact in spam from the world. the 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 pipeline of when i look at the trend forward, looking ahead, it's deeply upward. okay, this is sided level, but there's a problem. bio method all is currently not available and sufficient quantities. maersk 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 pallets with the plan,
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no 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. c. l. energy institute. thanks a lot for being with us. is mess an o. the solution to the shipping industry is environmental problems or not. when it might be part of the solution, but it's not the one that we have identified is the luck to long term scalable solution. it's an alcohol which means it contains common hydrogen and oxygen because it is actually the rid of 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
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amount of something new, but electricity is the lowest cost solution for the shipping set to the bottom. and how close to those technologies to being a viable alternative to the way that shipping is being fueled at the moment. so the right place we're seeing several just forwarded new build ships, which are ammonia to fuel ships. are able to consume a minute as well as conventional people who just like the mask ships of jupiter ships. um, but this was nothing on sale 22. 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 misstep, kate, so base the production of the fuse on 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
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a sense from mass because they do see the method l as a stop gap. they say that is, you know, then all getting all in on mess and 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 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 ship some biofuels. so it'd be anything that matches now is to move this up to 2 hydrogen drive. can switch it, produced usually with a renewable electricity, the ivers regulations in july we're clear that the average ship needs to have a 90 percent or better greenhouse gas intensity production will be on the existing fleet on the 2008 billed ships, which is which is a baseline, and this special operating on a by to 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 designed ships, but there's nothing preventing us using something called hbo, or which is $100.00 basic vegetable oils which are another type of buy fuel. but you can use those as a substitute for conventional items. um, but a few miles that we use and ships which have conventional machinery. so it has an advanced us on the critical stimulation office, a 100 percent renewable the supply chain of fuels. and it does show that we can operate best the best. no, but there were companies stand up, for example, that were doing that many years ago. so it has an advanced ship technology hasn't advanced a supply chain given that they've already passed was already moving on. but use i just dismissed from you cl, energy institute. that's all for me in the business name. and by the end of all 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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it stood for quality and driving comfort for decades. and has been a world wide, mercedes benz the hybrid, the 400 formats sedan, swore he, electric washers in a new era next on dw, the how many platforms can you help me to single attain usually without having the feeling that is just too much you might see me, how much can we do simultaneously?
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multitasking diesel, modern meds. because if we do too much, we paid it all wrong. we messed things up, risking brain damage. so let's stop this self sabotage, humans and multitasking watch. now on youtube, v. w documentary electric powered classics info task for say, these all new e class right now on rad the, the i, a and munich is being shaped more and more like.
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