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tv   Business - News  Deutsche Welle  November 6, 2023 4:45pm-5:01pm CET

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incense of buying a has just versus a 2 point. $2000000000.00 profits for the 1st half of the year. that's so 59 percent on the same period last year as not just your biggest budget at line, but seeing at demand for high demand for flight. lufthansa and france can, and many other carriers also reported strong sales and profits. let's get to a better understanding of the current state of ad travel with steven took truck. so i use the professor of air in space slow highlighting university in the netherlands . thanks a lot of joining us on data with your business. can you just briefly explain to us why we are seeing such big profits from the likes of ryan i looked on sort of well, i think that the demand is quite strong, quite frankly. we've talked for some time during cove of times, adults whether the industry would bounce back and you know, whether it will, intuit extends and how quickly i think, given that to minutes have been beat at this point. um,
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demand is really strong for, for air travel. and so that goes to explain that if the demand is strong, then of course um and the suppliers is limited. of course, uh, prices will fluctuate according to that, and the airlines will profit we've heard from me if it goes to that they want answers from the airline industry as to why they've been able to sort of make these sorts of profits. and in the meantime, travelers getting so much more expensive for travelers that are always he trying to accept some pressure on the airline industry that they come to. you actually do anything about these high prices legally as well. i mean, i think that the, the, uh, there may be a question mark in brussels about whether and to what extent airlines are investing in, in greener technologies and sustainable aviation tools and other things which they are. well since last week. 30. first of all, october mandated to do a minimum of 2 percent of sustainable aviation fuels and their mix. some airlines are going above that, that that's a number. so they're investing quite
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a lot of money and that the, even those airlines are, have reported a record or near record profits from, from this past summer. i think that in terms of the low and the we have very clear guidelines and in europe about the single aviation market. and that price is, can be set freebie by oper, peters in that markets, without interference by governments still be seen in italy as an example. of the government introducing a cap on, on a maximum fair on certain flights with an italy which raises questions about is look at the 200 european union law. so as it stands, there is no way to regulate half as other than the market itself as well. in short, yes, the market should correct itself, and those fair should be, yeah, well, the determines by supply demand effectively. now that's with in the european union, this is for, you know, domestic flights within the union. and, and of course,
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there are there, we have to look beyond european union carriers in the united kingdom, of course, but also the united states and, and the far east chinese carriers indian carriers have the biggest number of aircraft on order at the moment. so they're due to, to really grow significantly and they operate to and from the you, of course. so they will be um, competition great competition, increased competition between european union carriers on the one hand and, and normally you carriers on the other, on the global market. and so i think we're going to see some yeah, potential challenges for the european union carriers, which of course are subject to e law all the time. and the other carriers, which are only subject to the extent that they're flying to or from the union, steven trucks or professor of an space or lighting university. and you can actually watch my entire conversation with him on the do and use youtube channel. now let's
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go look at some of the other global business stories that are making the news. china is supposed to dispose of a quarterly deficit in foreign direct investment f. b. i came to minus 11800000000 in q 3 as withdrawals. i'm downsizing by foreign firms outpaced best spending in china and list attributes, the change to the risk in 5, west companies. 8 on bucks a guy starts up as revealed its own artificial intelligence bought named grok to challenge chat g p t. it's now in testing with a limited number of uses in the united states. eventually grok is to be a feature of x premium plus which costs $16.00 per month according to most of. well, i mean you as instruction alibaba to provide details of its approach to combating the legal products you are paying commission most and then one of them is making to prevent harmful items such as fake medicines being sold through cali, express chinese. the face of the potential fines if it doesn't comply with health,
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social, and environmental damage at the hands of the aggregate, your system add up to 10 trillion dollars per year. that's 10 percent of the entire world's g d p. that's according to a study by the us, food and agriculture organization. the f a r says 70 percent of the costs stem from unhealthy diary pessimist which leads to a basis to end of the diseases. 20 percent of costs by environmental damage created by nitrogen emissions. greenhouse gases and changes in london, bushings, according to the study 3 quarters of all hitting costs generated in high end of the middle income countries with low income countries being hot, his hips by the consequences. you and advocates for a speedy transformation of aggregate systems to address climate change, poverty and equality, and hung up and discussing the affairs findings with raymond torres from the economic think tank from costs. i asked him why they shouldn't cost once already
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factored into the global food market. this is the key issue and the main reason is that some of these costs are worn by the communities of large country reading the decline, your mind and not, not internalize into the, the way enterprise of, for the enterprises. it's a production offered and is wider. you don't need to send some of these to the, to the producers to put produces and, but the reasonable indeed for, for the countries as whole. and therefore, do suggest that in order to address those issues, one is to really put in place pointers which go beyond the short term reason off with production systems and take you to come to need to invest much need for support investment. you're going to call them these costs. they'll work with you also need international corporation because even the one country you masturbation once would produce certain resolution,
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tries to address those heating calls. it is necessary to cooperate in order to avoid the petition by either produces a lot of countries, but not talk of those issues. right? if you're right, so, you know, that's really effective date for yourself is a at a disadvantage. so is there any sign of these kinds of policies actually coming to fruition any time soon? i or where there is more awareness, i would say the policies see and he's not. there is much more awareness into an actual community. ready especially in about the commons awareness of those costs in the past and particularly aspirations are, you know, re rating on bass or whatever this is talking. however, i mean what is missing at the moment, ease, more commitment on the part doesn't put you down to a system to really take action. and this is the same for the rest of the year as we've violated. so we're much more aware of the problems. so we didn't even mention
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the boxes and the same with 40 boxes, but the speaker to agree among countries, especially, she's just talking positions of defense, the country we've read it. this is because page one that the investment other countries are taking advantage of the present systems. and therefore we, because we don't want countries and therefore, i think the, the key here, we need to get some international agreements to move forward. if that doesn't happen, i think these trade blocks like a u. p. union should be in a position to take action from the point of the fox sports. for example, you know, to internalize the heating cost of present, which systems has a and as itself, in the case with a environmental stores is so, so the behaviors of the wealthy nations actually have an out sized impacts on the developing nation. so raymond torres from from costs, thank you very much for being a 0 expertise today. when the technology could play a key role in driving down the hidden costs of agriculture,
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i'm here in gemini farming machinery manufacturers. i'm making reco profits. if i said 19000000000 yours in sales this year, agriculture or machines are becoming ever more sophisticated as they adapt to changing plant for 3 generations. the gamma family has run the farmstead and the german state of lower saxony. father and son have long agreed to cultivate the $400.00 tact or sustainably using all the minimum of artificial fertilizers and pesticides in days of yore. the plough was every farmer's most important to the gap must have long retired. there's the only surface decorative objects, but 29 year old. how does scammer old school ploughing has no place and model in farming finished in boredom, when i turn over the solo with the plow, the surface gets very dark because it's solely this brown. dark surface is naturally attract more, some light heat up more and as a result, more water evaporates to retain water into soil. even during drive periods they get
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most employees shuttle solar cultivation, modern killing machines barely break the surface, leaving the sol structuring tact. plant residue acts as a sort of sunblock or for the soil. so bypassing the moist as soon as there was a covering of mulch meaning plant residue, we have lower temperatures in the soil and the lower the temperature, the less water will evaporate. another benefit of shallow soul of cultivation, the ground is home to an army of earth worms they borrowed. so the soil allowing it to absorb moisture like a sponge. this method is truly sustainable because these little workers are active all year round readings or mazda. and when the 1st forms are most important orders, they process, plant materials, returning above ground mass into underground homeless. this makes the soul more fertile, and if the size of the mountain emboldened falls off as the gap must old sugar beet
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harvest still needs to be replaced. the farmer swore to make sure to get them off with wide caterpillar attracts that wold crushed the earth, forms that convinced that the farming philosophy can help combat climate change. it's just i for reminder of the top business story that we're following for you this, our brian that has become the latest airlines supposed to bump up profits. it's endings in the 1st half of the year. well, of course, 60 percent on 2020 two's taken f as in north, around 30 percent higher and they were joining the funds, demik lists attribute the rise to high demand and a shortage of tax. so for me and visiting handbell and football head over at d, w dot com slash business on indeed the data we use youtube channel and maybe you have that. so next time the
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. 2 2 2 is so much capricious. 2 2 and she
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sold the classical stuff at the rainbow, the festival the in 90 minutes. the double you can use. yeah. a night we are all set of what scene case. 7 seem to ring of the story behind the news, the we all about unbiased information for free mind. so do 2, and then you done i imagine how many portions of lots of us are now in the world right now. the climate change
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. the story. this is much less the way from just one week. how much was going to really get we still have time to work on doing this subscriber for morning. it's like what i mean. i know i might just do it and i'm hosting dw new podcasts. thanks. trace amount, but there's no activity about joining us as we travel around your, facing the history of every day of that. and that's something right around the world. no need to talk to that just to subscribe already. listen to pop. gosh, that will take you along to the right the
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. this is dw news live from ballad bolden. $10000.00 people are said to have died and gaza, the health ministry that which is controlled by how mos claims that sol includes more than $4000.00 killed. israel's military says it has split guys i to as it presses on whether it's ground defense, different from stop bestbuy, also coming up from allies to bitter enemy based article events that transformed the relationship between israel and the rock. thus, anti immigrant sentiment is on the right.

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