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tv   Business - News  Deutsche Welle  November 20, 2023 3:15pm-3:31pm CET

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says the 1st aid shows hostages being brought into the hospital. i'll be back at the top of the out of business is up next, taking a look of why the international monetary fund needs more money to help with global prices. a good, the diesel being used on the mountain is increasing every so many gone up watching on black silver stars. the only work that is holiday destination drowning in plastic white at the cost every year of the exports over $1000000.00 tons of plastic. why
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is there another way off the rules? the environment is not responsible. make up your own mind. dw, made for mines. the, the international monetary fund says it needs more money as the world is a full to buy a cocktail of crises, the so called war cost of living, crisis, and bets led to reputation increasing demand for the time of financing in an interview with dw crystelina, georgia eva defends her decision not to months. voting power with money paid in
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over coming up germany 6 to deepen business ties with africa will bring you the latest from a major investment conference taking place in berlin. and to the right kind of energy companies inside of africa are leading the way in the move away from cole . this is the w business and pay for it. if the thanks for joining the, the international monetary fund has defended. it's cold for member countries to increase their contributions without changing their boasting power. speaking to dw marie, see now on the sidelines of the g 20 investment summit here in berlin. crystelina georgie, ava responded to criticism that countries like china are being asked to pay in more without getting more se to the decision to increase the quote this for the i m f is driven by what discrepancy in keep the world around us. we have been hit by consecutive sucks, called the war cost of living crises,
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and that led to reputation increasing demand for mess financing. we now have about 220000000000 in financing to 96 countries. and that's made the issue of the financial strength of the funds in the world, the more frequent and dramatic sucks. so very pressing that the membership has decided to take it 2 step approach. step one, make defense financially strong step to work on the alignment of the shares of members. so countries that, that under represented china, but also uh this i was just in single port also under represent these countries that they can see the box to what's real islands. because we also need the fund to
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be legitimate. i want to stress that our members also took a very important step on representation by agreeing to add a 3rd chair for africa supp cekada in africa. so the voice of africa can resonate most strongly in the decision making of gus. and you can see the full version of maureen's interview with christening that georgia eva on the dw news youtube channel. now as we just mentioned, krista managers, eva is about a number of big names here in berlin for a major conference focused on strengthening german business ties with africa. leaders for more than a dozen countries are attending the g 20 compact with africa conference. as the concept becomes increasingly attractive to economy seeking to diversify supply chains, develop green energy projects. now germany is no exception here, but when it comes to investment,
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it is still playing catch up. you can see it here. it's trailing far behind china, the united arab emirates on the united states when it comes to foreign direct investment in let's talk more about this with thomas chief i. he's a member of the board at forks on group, on the chair of this investment to summit. mr. schaffer, thank you so much for joining us. no african leaders are not short of countries wanting to do business with them. how is germany selling itself of an attractive partner, especially compared to the likes of china? i think there's definitely room for improvement going forward. so just taking over the, the j r for the soft free initiative to combine our efforts on, on africa. i think lots has been done. you know, the contact with africa, initiated by the german government is, you know, testimony to this on behalf. man is huge strides, but this needs to be strengthened going forward. so today is event. stupid pardon?
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it's a platform but he does kind of connect with businesses and make colored consequent plants going forward. so definitely very important event today. tell me more about what happens up this event. i know germany is especially keen to diversify its supply chains on to develop these partnerships when it comes to green energy. anything concrete helping today. the world today was only the opening, but the many of the subsequent meetings that are happening now over the next days now. right. and gauge meant especially on the topics that you said, not a green sustainability. sustainable energy, but also, and i'll be obviously very involved in the amount of supply chains. but not also this is goes across the spectrum. one today was getting, you know, getting the positions right. getting the, the presidents and that sustains, coming through. talking about the countries of your child so strong, see a talking about germany and to administer how big. so very important platform. the
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beginning. it is only beginning, but you're from the automotive industry. what opportunities do you see in africa? now if it goes got huge opportunities within the supply chain, i spend more than 10 years on the ground in africa and various functions. and i must say that in on africa's totally under developed and mobility, there's huge demand for mobility. people need to go from a to b and does a, an opportunity to lead for our development. they don't need to go a combustion engines for us to then go electric that can go sustainably and one go . ronda is one really good example of where they have done exactly that. so new solutions will help accelerate the progress they have. so it now is definitely the time to pay attention because it's through literally the only region that has huge development potentially. but everything else is contracted. all right, so we will continue to pay attention to him. i say, so thank you very much. it's
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a pleasure now to some of the other stories making news. the richest one percent of the world is responsible for the same amount of carpet emissions as the world poor is 2 thirds or 5000000000 people . that's according to analysis by the non profit off from emissions by the wealthy are mainly related to travel by private jeff. and he also, as well as the use of concrete in villa construction as a us course as fine term and chemicals company buyer. more than $1500000000.00 over its controversial wheat color. this came off for, for plaintiffs claimed range of cost illnesses including cancer buyers that studies have shown that we'd kill his active ingredient life. the site is safe. so 2 days after being fired from open a former ceo, some old one has landed a new job, leading advanced a i research term team at microsoft when i opened
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a i the biggest backers. meanwhile, xt which boss, i'm a cheer will take over as open a i and it's 2 sides offer kind of a country where power outages have become a normal part of daily life. poor infrastructure and a continued heavy reliance on coal means energy reform is desperately needed. change is coming though with from promising initiatives from the private sector, offering hope for the countries green transition. here at a distribution center for shop, right africa's biggest supermarket group. it's all about keeping things cool. the site north of johannesburg service is $1300.00 stores. that's about half of the groups nationwide outlets. all of this product relies on refrigeration to stay fresh for that reason. during electricity outages,
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we operate out generators are that uses diesel, which is dirty. so we've installed solar so that we can use the renewable electricity over the past year. load shutting costs shop, right? 65000000 euros in generator associated cost. since going solar 6 years ago, the group has built enough tunnels in south africa to cover 24 soccer fields. a now shop right is adding solar panels to distribution trucks as well. to the panels, paul is the refrigeration, as well as the lift when the truck is being offloaded. so it allows the truck to be switched off. uh and safety is more than 95 percent of both africa's electricity comes from state owned utility. s. com which relies heavily on coal, while renewable energy is on the back burner. so that makes it electricity from code 5 pop cents, which caused the to,
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to about 80 percent of the utilities fleet. and these pop plants have been problematic with breakdowns. they often it's something those in south africa's mining sector understand very well. mining is the country, 3rd largest energy consuming industry gold. minor goldfields says load, shedding, severely hampers. it's bottom line. when you've got the shooting while the pol costs you to administer, you know um, still being such an activities running such an activity so that it would have been stop stuck in stop, start within the business, affecting the proof of deputy to affect the cash most of the business in 2021. the company turned to solar energy. now deliveries about a quarter of the power in itself. deep mind goldfields aims to slash around 6000000 euros and annual costs. but it's not just about saving money. the most important to um, risen was to ensure that we can remain responsible as
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a list that the company and the to what contributes to watch a couple. when you try to cheat. by the end of this year, some experts expect private, south african energy ventures to produce $7000.00 megawatts of power. that's more than double the entire energy capacity of some african countries or and finally hold onto your hops because buyers around the world have been losing their heads over an auction this weekend. the bids push this hot belonging to french. i'm for a napoleon bonaparte to a record sale price of nearly 2000000 euro. the 2 points it had to was napoleon sartorial trademark. he chose to where it's sideways, he's believe, to have owned around a $120.00 of them, but most are now last. the auction comes up an opportune time with a big budget movie about napoleon about to hit send him to the
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reminder of our top story. the head of the international monetary fund says the global lender need more money. and an interview with dw, christina georgia about defended her calls from member countries to increase their contributions with us, changing their books and the rest of our show for more. you can also check out dw. com slash business. we're on the deed of the news youtube channel as well, from me on the entire team here in berlin, by the
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recycling resolution, with fluorescent currently testing a completely new hosting plan for plastic waste. right now only one of your cost equation cooling. how does this innovative process work tomorrow today on d w, the story is most powerful woman, little sister, of the dictate, to strategic who is tim yule, joan, you can say she represents a mixture of expectation and the disappointment. it was as though she wanted to
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remember a mysterious fear, some strong, sometimes threatening, sometimes charming to but i couldn't see behind her match to the red prince's thoughts, november 25th on dw there emblems of a cleaner future. but how environmentally friendly our solar panels, the wind turbine and electric cars, really? if there's one thing, the green transition will demand above all else. it's raw materials and lots of them. but extracting resources is a dirty business, which is white plans for new mines run into fierce resistance. in many places. europe wants to start sourcing many key metals and minerals from scandinavia, but is mining in norway really cleaner and what are the alternatives? these and.

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