Transcripts For DW Business - News 20220916 : vimarsana.com

Transcripts For DW Business - News 20220916

Dont know how with to the a girl. Ah, feel the magic discover the world around you. Subscribe to d w documentary on youtube. Or, oh, china and russia meet and it was back to stand. Well, look at what theyre no limits. Partnership stands as kathys mountain ukraine. And what it means for energy also on the show will go to a robotics festival in germany. Where theres hope that robots at your local butcher or baker make up for a shortage of labor. And a summer drought in norway is having an outside the facts on one of europes Biggest Energy suppliers. Hello and welcome to dw business. Im chrissy, platinum, berlin, russian president Vladimir Putin and china, gigi and ping met on the sidelines of the summit of the shanghai cooperation organization. Inasmuch as dan on thursday, it was g s 1st trip outside of china. Since the krona virus pandemic began potent thank the chinese leader for his balance stance on russias war in ukraine and said he was ready to discuss chinas undisclosed concerns about the war that has killed tens of thousands and up ended global food and energy markets. At their 1st face to face meeting since the war g said he was very happy to me, to quote my old friend again. After kootenai said us attempts to create a unipolar world would fail. China accounts for nearly a 5th of russias foreign trade, trade and energy has grown this year after russia lost western buyers due to sanctions over the war in ukraine. And between april and july, china has imported 17 per cent more russian crude imports of russian liquefied natural gas were up 50 percent and imports of electricity rose by 39 per cent. Both countries benefit china paying lower prices to russia and russia, replacing some of the revenue last, when western partner sought alternatives and had sanctions. But the volume of crude which russia can send a china is limited. While earlier we spoke to mchale critiquing and Energy Analyst and partner in the independent russ Energy Consulting agency, he said theres only so much Russian Energy that can make its way to china. The pipeline that goes to china can handle more. Busy than, well, 1300000 barrels start day. And basically this is the limit in terms of gas supply. China do not need the, an increase of supply from russia. Because right now there is just one pipeline that goes from eastern siberia, across the board to china. In it is go into reach its name plate capacity of 38000000000 cubic meters a year in 2025. Only the u. S. State of california is suing amazon, saying the company is violating the states anti trust, an unfair Competition Laws short amazon prime. The 84. 00 page suits says amazon stifles competition and has practices that push sellers to maintain higher prices on other on products, on other websites. The suit is part of a 2 year investigation and falls. Another lawsuit that is currently going through an appeal process after being dismissed by a district judge earlier this year. Well, for more or less the free and young quarter at the new york stock exchange, yen, another big lawsuit against big tech. How significant is this one . Christy. It could become significant. I mean, 1st of all, those so 3rd Party Merchants are very important to amazon said business in the past quarter. They made up of a 57 percent off of the offers. So on the an Amazon Amazon side. Now a lot depends how this trial will end if amazon should lose this trial in california, then it is almost certain that other states youre in the United States will follow a suit to meaning a dozens off more. A similar last you would so would be coming. And amazons away. There had been a civil us, you earlier this year, but the district of columbia that actually got dismissed soon. All we have to wait and see how this trial of will go through and. And in california, i lots and lots of law suits. Yeah, thats what im hearing. We also know that the e u yesterday upheld its a record setting fine against google for our anti breaking anti trust laws. Last year we heard a lot of chatter about a regulators finally cracking down on big tech. Are we seeing that come to fruition this year . Well, it leaves christie. It feels that way. So that we would do not just here and threats to small lawsuits, but actually lawmakers in europe and the United States to take out the big guns. If we look at the european union, for instance, quite often those big Us Tech Companies go into appeal to a lot of those cases actually are still pending. And here in the United States, i mean, the big Tech Companies recently have spent 95000000. 00 for lobbying efforts. Now we have the mid term elections coming up, so it will definitely also depend if democrats can keep the majority in congress. If not, we might see that some of those cases against the big tech might not follow you would in the month write up. Well, you know, youre there on wall street for us. What has all this done for text talk valuations just briefly. Yeah, theres always the big question with cause and effect. Clearly the evaluations of the big Tech Companies have gotten under quite some pressure, but that might not be because of the last year would. So that might tell the im to test cases that were seeing, but that might also be because were in this environment where Interest Rates are on the rise. And often with these specially at Tech Companies and the stocks suffering when Interest Rates are on the rise. And actually theyre on the rise and historic speaking. Yes, card to thank you. Now to some of the other Global Business stories making, theres been a swale, and president Nicholas Madero says his country is ready to supply the global oil and gas market and replace russian supplies during the opec secretary journals visit to caracas. Madero insisted his countrys oil industry was fit despite a Corruption Scandal and production levels being crippled by a lack of investment and years of un sanctions. The rising cost of Energy Imports have brought japans trade balanced deep into the read. The countries trade deficit has reached a record 19000000000 euros. According to the finance and finance ministry. The resource poor country has now been in the read for just over a year. Its been a hot, dry summer across europe, and thats cut into Energy Production across the continent. Even norway, whose rich energy deposits make it a key supplier for other countries. Now faces a growing problem. Dw correspondent mac xander reports from oslo. This massive wall of concrete as part of northern europes largest hydro power plant. De blasio reservoir has the capacity to store enough water to power the nearby city of staring or for 4 years. But at the moment, the power plant manager, beyond some, vic tells us the water levels here are at the 20 year low. Normally these white rocks would be hidden well underneath the surface. The main res, slow this, that the war sir, very dress. Sa moran, the year for the last year was very dry and this winter was quite dry as well. Yeah. And you see the results . Norway is the largest producer of gas and oil in western europe. In 2021, the sector made up roughly 80000000000 euros and exports, and the country continues to ramp up its production nori itself, however, is driven by renewables. About 90 percent of the electricity production comes from hydro power, which is becoming less reliable. When going from a situation where we historically we had over supply, we had excess energy, this is electricity because ah, we had this huge hydro power who is sources. Now our electricity demand is increasing and were expecting that we will not have an excess production already in a few years to come the government and also law is working on solutions to protect its citizens and the economy according to the deputy minister of energy and petroleum a blank export ban on electricity is off the table. We have been looking into the reducing production from hydro power plants in the short term to same warfare for a long ways in winter. Thatll obviously it through reductions in production or way increase norwegian prices in the short term. Thus all so a limiting exports in the short term. But, and that is obviously only a in direct effect. We have not been discussing direct export. So restrictions are from norway, side, with drought, and extreme weather patterns being the new normal Energy Corporation will be critical for norway and its european partners. Even long after this crisis has ended, industry leaders, researchers and startups are coming together in leipzig at the robotics festival. 2022 to showcase innovation in germany and beyond. Robots could help fight labor shortages and the lack of skilled workers. This glove is all you need to teach a robot what to do. The gestures are translated into code for the robot to emulate the movements. Programming can be that easy. This robot is operated intuitively by humans and is taught to transmit goods of all sizes. These robots can also be directed by a touch pat. Oh, voice commands. Small and medium sized businesses can benefit from this, as well as industries that suffer from a shortage of skilled workers war and course laudable, where robots have been doing their job in large Automotive Companies for 20 or 30 years. We now see them at the bakery at the butchers in packaging at the stone masons and the carpenters. Thats exactly where theyre getting more important and will be successful because of the workers shortage. The Global Market for Collaborative Robots was about 700000000. 00 us 1. 22. It is expected to double by 2027 according to german estimations, especially since the robotics festival here. Leipzig shows how easy human robot calibrations can be. The biggest advantage with the help of robots, humans can focus on more important task. The analysis bewanda and our goal is that nurses in the hospital no longer have to sort pills no longer have to move boxes from a to b. The robot can do that. So the nurse could focus on the patient in the world. Economic forum predicts that by 2025 robots and automation could eliminate millions of jobs, but eventually create even more Employment Opportunities as robots need to be built and maintained. And a reminder of the top is the story were following for you. This, our chinese g gen ping and the right and rushes while youre putting met in was pakistan on thursday, or president g wants to shore his credentials ahead of the communist Party Congress next month. President fulton wants to show that russia wont be isolated internationally. Thats all weve got. Thanks for watching. Ill see you. Tomorrow. Is the end of the pandemic in sight. We show what it could look like will return to normal. And we visit those who are finding it difficult. He sees his successes at noon in a weekly coven 19 special. Next on d w. The landscape, a reflection of a turbulent history. The cities, the mosaic of different people and languages v rons mountains reveal unparalleled beauty. Ah, a special look at a special country. Iran from above. In 45 minutes on d w. Oh. How did she become adult hitlers favorite director . And how did me become a forgotten filled pioneer . Leniently finished and arnold fun. Between hitler and hollywood. In 1932, they set out into the icy wilderness of greenland to create a life threatening a film project that became a major milestone in their lives. Love, seduction. And power ice cold passion starts october 8th on d, w. Ah, ah, few contracts, few customers, fewer employees. Thus, a situation that Many Companies find themselves in since the pandemic in this makes program, we want to show you what people are doing to get out of the crisis

© 2025 Vimarsana