or we get more on this from political scientist jasim who's a research fellow with the german institute for global and andrea studies in hamburg welcome to w. turkey has been taking action against h.d. pain lawmakers for years so why is ankara only now trying to ban it and what's the basis for this ban. well this is news my it sounds like really tragic and bad news for. people in the opposition and the people supporting this party but i'm 1st and foremost it's really talking about the bad news that turkey is facing a quite frankly the turkish government the turkish government is facing i use economic crisis here as political crisis and i'm acting up and stirring up the whole pot with this procrit ish party h.p.t. that they accuse of having links to the p.k. k. without really having good proof that it's really something that stirs up this conflict and gathers people to support our go on more and to support this image of her do i being the strong leader although he is deeply in a crisis and he doesn't know his way around ok so this is a distraction tactic you say but this how strong a sharp response

we can get more on this from our research fellow at the german institute for global and area studies hamburg. welcome to dw. turkey has been taken action against hdp lawmakers for years. why is ankara only now trying to ban it? what's thbasis for the ban? >> day's news might sound like tragic and bad news for people in the opposition, the people supporting this party, but first and foremt, it's really talking about the bad news that tuey's facing. the turkish government is facing a huge political economic and political crisis -- a huge political and economic crisis. they accuse the party thout having good proof. it stirs up this conflict and gathers people to support erdogan more, supporting the image of him being a strong leader, even though he doesn't know his way around the crisis. phil: this is a distraction tactic, you say. but this has drawn a sharp response rhetorically from the eu and the u.s., among others. is that likely to have any impact on erdogan? >> and the eu, youeard criticism last year, especiay from france, cyprus, these were e countries that were the criticism. at

institute says the united states accounted for more than a 3rd of the global arms sales in the past 5 years or saudi arabia was the number one import a german weapons exports grew by over 20 percent in the 2nd half of the past decade . you may remember tesla had its battery day last autumn well today it's fox of our turn to present its power day dedicated to the growing hunger for battery cells and why because as the market for electric cars is growing rapidly so is the demand for batteries at present though production is largely centered on asia of china's biggest battery producer c a t l is the leader with a market share of 24 percent south korea's l.g. energy solution is not far behind and japan's panasonic comes in 3rd that's left the european union trying to pay catch up it's hoping to grow its share of the electric battery market to around 30 percent in the next decade about 3 makes to 40 percent of the value of the finished car so whoever controls that part controls a big slice of this new creative industry let's talk a little bit more about that now with ashutosh hyundai who joins me now. bashes fox let's talk about this power day 1

institute for the world economy if thank you very much you're welcome pate. now to some of the other global business stories making news so far my giant novartis is teaming up with german biotech firm cure to produce its cope with 19 vaccine novartis plans to manufacture up to 15000000 doses of the n r n a base shot by the end of the year and 200000000 will follow next year. the united states has announced it will temporarily suspend tariffs that were levied on a british goods as part of a trade dispute involving airbus it's hoped the move will give negotiations time to resolve the conflict the u.s. accuses e.u. members of using subsidies to give airbus unfair advantage over american bible boeing. siemens energy will join the german blue chip index ducks nature this month the company a 2020 spinoff from industrial giant siemens combines oil and gas technology with energies like on shore wind parks in the docks they will replace consumer goods firm biased off. south korea's economy shrank for the 1st time in 22 years as a coronavirus pandemic to spoil service industry jobs and depressed consumer spending in 2020 things it would have been even worse if not for the countr

professor fed on my ear from the keel institute for the world economy thank you very much you're welcome pate. now to some of the other global business stories making news. german biotech firm signed a deal with swiss pharmaceutical giant novartis to produce its copious 19 vaccine novartis plans to manufacture up to 50000000 doses of the n r n a based shop by the end of the year an additional $200000000.00 will follow next year. siemens energy will join the german blue chip index docks later this month the company a 2020 spinoff from industrial giant siemens combines oil and gas technology with renewable energies like on an offshore wind parks in the docks it will replace consumer goods firm biased off. members of the oil producer cartel opec countries have agreed to leave most of their existing oil production cuts in place until the end of april russia wanted to open the tops but saudi arabia opposed increasing production the decision not to boost output sought crude oil prices rise . the united states has announced it will temporarily suspend targets that were levied on u.k. goods as part of a trade dispute with the e.u. over subsidies to american plane maker

professor fed on my own from the keel institute for the world economy if i can very much you're welcome pate. now to some of the other global business stories making news. german biotech firm signed a deal with swiss pharmaceutical giant novartis to produce its copus 19 vaccine novartis plans to manufacture up to 50000000 doses of the n r n a base shot by the end of the year an additional $200000000.00 will follow next year. siemens energy will join the german blue chip index docks later this month the company a 2020 spinoff from industrial giant siemens combines oil and gas technology with renewable energies like on an offshore wind parks in the docks it will replace consumer goods firm biased off. members of the oil producer cartel opec countries have agreed to leave most of their existing oil production cuts in place until the end of april russia wanted to open the tops but saudi arabia opposed increasing production the decision not to boost output sought crude oil prices rise . the united states has announced it will temporarily suspend tariffs that were levied on u.k. goods as part of a trade dispute with the e.u. over subsidies to american plane maker bo

international peace research institute or sipri says the united states accounted for more than a 3rd of global arms sales in the past 5 years while saudi arabia was the number one importer german weapons exports grew by over 20 percent in the 2nd half of the past decade. stripe is now the most valuable private startup in the u.s. valued at $95000000000.00 the online payments company was founded in 2010 by 2 irish brothers it drew $600000000.00 in its latest financing round. let's go over to the auto industry where the race to mainstream the electric vehicle is heating up folks wagon announced monday its plans to create 6 european giga factories by the end of the decade with a combined annual production of 240 kg gigawatt hours now facility in sweden will begin production in 2023 and gradually ramp up to 40 gigawatt hours of output annually plans call for a 2nd facility in germany and 2025 volkswagen has made no secret of its goal to dethrone tesla as the world's leading electric automaker german car maker also announcing plans to expand its network of charging stations 5 fold but 2025. are let's go over to our financial correspondent in new york. yes everyone is focused on tes

international peace research institute or sipri says the united states accounted for more than a 3rd of global arms sales in the past 5 years while saudi arabia was the number one importer german weapons exports grew by over 20 percent in the 2nd half of the past decade. stripe is now the most valuable private startup in the u.s. valued at $95000000000.00 the online payments company was founded in 2010 by 2 irish brothers it drew $600000000.00 in its latest financing round. or let's go over to the auto industry where the race to mainstream the electric vehicle is heating up folks wagon announced monday its plans to create 6 european giga factories by the end of the decade with a combined annual production of 240 kg gigawatt hours facility in sweden will begin production in 2023 and gradually ramp up to 40 gigawatt hours of output annually plans call for a 2nd facility in germany in 2025 volkswagen has made no secret of its goal to dethrone tesla as the world's leading electric automaker german car maker also announcing plans to expand its network of charging stations 5 fold but 2025. are let's go over to our financial correspondent in new york. yes everyone is focused on tesla

the keel institute for the world economy if thank you very much you're welcome it now to some of the other global business stories making news so with pharma giant novartis is teaming up with german biotech firm karabakh to produce its copious 1000 vaccine have artist plans to manufacture up to 50000000 doses of the n r n a base shot by the end of the year and it is still $200000000.00 will follow next year. the united states has announced it will temporarily suspend tariffs that were levied on british goods as part of a trade dispute involving airbus it's hoped the move will give negotiations time to resolve the conflict the u.s. accuses e.u. members of using subsidies to give airbus unfair advantage over american bible boeing. siemens energy will join the german blue chip index docs nature this month the company a 2020 spinoff from industrial giant siemens combines oil and gas technology with renewable energies like on shore wind parks in the docks they will replace consumer goods firm biased off. south korea's economy shrank for the 1st time in 22 years as the coronavirus pandemic destroyed service industry jobs and depressed consumer spending in 2020 things that would have be