tv Business - News Deutsche Welle November 6, 2023 10:15pm-10:30pm CET
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as themselves here in this country, it was almost very reporting there. can we have next find out why, why an air is celebrating that with dw business news with rob watts. i'm bring golf . i'll see you tomorrow, the sometimes it's hard to find what you're looking for but we've got something for you. one of mankind's oldest ambitions to be within reach. what is it really is possible to reverse the researchers and scientists all over the world for in a race against time?
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they are peers and rivalry with one daring goals to help smart nature. the more likes watching it. on youtube, dw documentary, the ryan is profit. so it's a new heights. the low cost at line is the latest carrier to be proposed by surging as fast with us. what's driving them up with on the hidden costs of cheap food, the un says health sand environments impacts the costing well trillions of dollars each year associated with the business on robots in bed. and welcome to the fact that our state dropped in demand for ad trouble. during the pandemic, the aviation sector is bouncing back and then some rhina has just there's
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a $2200000000.00 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 line that's seeing at demand for high demand for flight. lufthansa, france can, and many other carriers also reported strong sales and profits. but let's get to a better understanding of the current state of ad travel with steven tow truck. so i use the professor of air and space slow highlighting university. and then evelyn's, 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 our lift times? right. well i think that the demand is quite strong, quite frankly. we've talked for some time during cobra times about 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. um 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 to 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, travel is getting so much more expensive for travelers that obviously tony makes it some pressure on the ally industry that they come to, you actually do anything about these high prices legally as well. i mean, i think that the, the a, there may be a question mark in brussels about the weather. and to what extent airlines are investing in greener technologies and sustainable aviation tools and other things which they are. well since last week, 31st of all, october mandated to do a minimum of 2 percent of sustainable aviation fuels and their mix. some airlines are going above task that, that 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, peers in that markets without interference by governments still. we 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 this legality under your opinion 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 and demand effectively. now that's with in the european union, this is for, you know, domestic flights within the union. and,
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and of course, there are there, we have to look beyond european union carriers, 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 use all of 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 see what's 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 as opposed to this 1st have 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 attribute the change to the risk in 5, west companies. 8 on bucks a ice stuff is revealed. its own artificial intelligence bought named grok to challenge chat g p t. it's now in testing with a limited number of users in the united states. eventually, growth is to be a feature of ex 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 combat things, illegal products, european commission most. and then one of them is making to prevent harmful items such as fake medicines, thing. so through probably express chinese, the face has potential fines if it doesn't comply with health,
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social and environmental damage at the hands of the address here in the system at up to 10 trillion dollars per year. that's 10 percent of the entire world's g d p. that's going to study by the year ends, food and agriculture organization. the f r says 70 percent of the costs stem from unhealthy. dicey pessimist, which leads to a basis to another disease as 20 percent caused by environmental damage created by nitrogen emissions, greenhouse gases, and changes in london. bushings. according to the study, 3 quarters of all hidden costs generated in high end of the middle income countries with low income countries being hot as 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 the shipping costs went already
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factored into the global food market as this is the key issue. and the main reason is that some of these costs are worn by the communities of large country, or even the one you might do and not not to internalize into the, the way enterprise of, for the enterprises. it's production or, and is wider. you don't mean to spend some of these to go to the producers to put produces, but the all feasible 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 thinking to kind of need to invest much need for support investment. you're going to call in this call with you also need international corporation because even in one country, you nice ration once we produce certain resolution,
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tries to address those heating cos 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 uh see and he's not. there is much more awareness into an actual community. ready especially in about the commons awareness of those costs and the particular aspect issues are, you know, great rating on bass or whatever this is talking. however, i mean, what is missing at the moment? he's more commitment on the part doesn't put you down to the system to really take . gotcha, 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 the boxes in the same with 4
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devices, but it's difficult to agree among countries, especially. she's just talking positions on the front of the country. we're ready to space one with the investment or the countries of taking advantage of the present systems. and therefore we should 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 trading blocks with u. p. union should be in a position to take action from the point to the fox sports. for example, you know, to internalize the repeating costs of present, which systems has a and as itself, in the case with a environmental stores, a system of the behaviors of the wealthy nations actually have an out sized impacts on the developing nation. so raymond torres from, from cost, thank you very much for being a xerox. battista, let me technology to play a key role in driving down the hidden costs of agriculture. i'm here in gemini
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farming machinery manufacturers. i'm making reco profits. if i said 19000000000 yours in sales this year, agriculture we're machines are becoming ever more sophisticated as they adapt to changing plant for 3 generations to get him a family test, 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 or the minimum of artificial fertilizers and pesticides. in days of yore, the plow was every farmer's most important tool. the gamers have long retired. they are the only surface decorative objects for 29 year old thomas scammer. old school ploughing has no place and model in farming finished in. when i turn over the solar with the plowed, the surface gets very dark because it's so in this brown, dark surfaces naturally attract more sunlight, heat up more. and as a result, more water evaporates to retain water in the soil even doing dr. periods the get
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most employed shallow solar cultivation. martin telling machines barely break the surface, leaving the sol structuring tact. plant residue acts as a sort of some blocker for the soil, provide the moist as soon as there was a covering of mulch, meeting planned for us to do. we have lower temperatures in the soil, and the lower the temperature, the less water will evaporate. and i know the benefit of shallow soul of cultivation, the ground is home to an army of 1st worms. they borrow through the soil, allowing it to absorb moisture like a sponge. this method is truly sustainable because these little workers are active all year round. what do you think the 1st forms are most important orders, they process plants, materials, returning above ground mass into underground homeless? this makes the saw a more fertile and the size the mountain inborn, full boss, asked again, was old sugar made harvest so needs to be replaced. the farmers want to make sure
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to get them opposite with wide caterpillar tracts that will crush the earth worms the 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 twos, fig. get f as in your up around 30 percent higher and they were doing the tons demik analysis attribute, the rise to high demand and a shortage of pack for me in the visiting handbell and football head over the d. w dot com slash business on end date the data, we use youtube channel and maybe to see you i have left for the next time the china is taking the electric call market with the new
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e t. find buy stores this the dad has set out to compete with us. and the us that promises a long range at a relatively low price. kind of to live up next on d, w. immerse yourself in the world. in the virtual reality research lab scientists will switch somebody, they slipped into criminals to me with a v or it's a complicated attempt to prevent future crimes tomorrow. today, in 60 minutes on d w, the
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