The countries that originally dumped them since the 3rd quarter of last year. And. The illegal shipments of come from developed nations such as france the u. K. And the us Southeast Asian countries such as malaysia have been flooded with western rubbish since china refused to accept any more plastic shipments in 2018 but time and again there is a legal consignments of being rejected so we have sent 150 yeah 110 more that we will send across the 3 different. Ports in malaysia and its the dumping countries that will foot the bill malaysia says it wont be paying a penny to send the stuff back. The International Monetary fund has cut Global Growth estimates for 2020 the leader of the i. M. F. In davos switzerland for the Word Economic Forum today to discuss the World Economic outlook the i. M. F. Reports that compared to the outlook report in october estimated Global Growth for this year is down 110th of a percent to 3. 3 percent growth one of the major reasons for the dip in projected growth includes a slowdown in india. Well ahead of the forum which kicked off today American Money Management firm blackrock has grabbed the attention of the finance world its c. E. O. Larry fisk announcing the company which quote exit investments presenting a high sustainability related risk of 4 starts divesting hundreds of millions of dollars from coal lng to businesses and that could be a big deal black rock is the Worlds Largest fund to manage it holds close to 7 trillion dollars in assets and to put that in perspective germanys entire economic output for 2018 was closer to 4 trillion dollars managing that amount of money means a correspondingly high level of influence in the corporate world in germany alone black rock counts as the biggest single shareholder in the following Tax Companies you have the mole now earlier we talked to Sasha Stephan off the Frankfurt School of finance and management and i asked him how big a decision this is i think its a big deal that. Joins also about Companies BanksInsurance Companies and trying to take specific actions were question is on the one hand how they can do words and the other actually going to follow up on that they could as i said divest investments but the amount of. Out of the 7b2b actually actively managed rather can actually do that the rest is socalled passive investors and and this is very difficult to divest so another important potentially important activity would be to vote even with these passive stake and say i support these climates nutro a climate from the actions which they actually have opposed during the last couple of years. Thanks its going to finance and management thank you. To munich now where europes digital independence this on the agenda was specifically can the e. U. Carve out its own standards for data regulation or Artificial Intelligence in a world dominated by big take companies in the u. S. And china now it says it has a strategy. How can europe better position itself in the age of digitalisation that digital live design in munich business and media representatives and politicians are looking for answers we are not changing ourselves we have directly to become a cult digital colony of the us of china if google decides tomorrow to switch off its services for europe then what mike you see still on the screen he clearly fears theyll be nothing thats why e. U. Commissioner to me by tone has announced a single e. U. Digital strategy its true that man vision is that your brand. Will be used for your print company priority. For us to create value in europe. And not just that the e. U. Commissions Digital Strategy should lead to common standards for 5 g. Technology companies that promote europes internet sovereignty will benefit the most stricter security measures will also be introduced for the collection and processing of data and more funds will be invested in Artificial Intelligence internet experts are skeptical about how the e. U. Can finance the measures bit of evil training offensives and economic offensives all cost a lot of money but there isnt any budget for them with the European Countries will really have to combine forces. According to the atmosphere at the meeting those goals all can be achieved by working together. And out to some of the other business stories making news reuters reports that comical folks is in talks to purchase a 20 percent stake in chinese battery maaco. A move by w. Which commerce the Company Looks to sell 1500000 electric cars in china by 2025. And china is calling on canada to release the detention away executive men one sure man was arrested over a year ago and just charged with bank fraud for misleading the bank h. S. B. C. About 4 ways activities in iran banks extradition hearing where shell fight american efforts to half a process there for trial is scheduled to begin today. Germanys largest food and agriculture affair the International Green week has opened in berlin with its focus on sustainability and c o 2 reduction you might be surprised to see what kind of ideas and Solutions Pharmacy and Cultural Companies have come up with. This might look like any other german sausage but its a bit different. It doesnt contain any meat its made from soy protein and plants such as beetroot. You can to menton valan if they are the Consumers Want real alternatives because Meat Consumption is being questioned more and more by Society People want a better diet a more balanced diet. Theyre all Meat Consumption is often linked to a missions of Greenhouse Gases vegetarian alternatives are seen by more and more consumers as a sustainable turn of. And many startups also want to cash in on the trend one of them is isaac nutrition. The cologne based Company Makes protein shakes and protein bowls out of insects and lava. The buffalo one these are buffalo worms its fungus low resources on beef needs 2500 times more water and has a 200 times larger Carbon Footprint and buffalo worms i dont know that i mean thats a really put on. The berlin based startup colona is showing its range of alcohol free wine unlike most alcohol free wines buys high end wines and then removes the alcohol through a heating and vacuum process. This is of course a segment that is growing all the time people are more Health Focused this really doesnt have many calories and its more fun to drink this compared to a coke with your food or loud enough to show on the phone and. Its not just food which is becoming more sustainable over the agricultural whole of the fair u. S. Truck to make a stale is showing a concept electric hybrid tractor and theres more to discover at the fair more than one 1500. 00 exhibitors from across the world are attending the event. Its the worlds most expensive Real Estate Markets but prices in hong kong and now under pressure after months of protests and last song losses are surprisingly large experts warn against too much optimism for bias. Hong kongs Real Estate Market is the least affordable in the world after months of democracy protest pressure is growing in the Hong Kong Market this tiny shop of less than 2 square metres in a cramped corner of the commercial district launch i is a powerful symbol of change investment banker turned Property Fund manager edwin lee explains. This is this shop that very much to pay so based on my best knowledge and memory the shop lost the most money in hong kong the store was once a Currency Exchange kiosk but the tourism downturn means its now a Real Estate Office ball for just over a 1000000 euros its sold for less than half the us now because the biggest hit sector in hong kong is the repo market and people simply not willing to buy shops anymore so that land that was in a hurry to sell the shop then was willing to set it up because apartments in prime sites such as those near hong kongs high speed rail terminus are unlikely to lose value since 2003 the value of hong kong homes has surged 544 percent but the economic downturn ended the longest bull market in the hong kong property sectors history. The luxury Residential Market is especially vulnerable because property was bought by mainland chinese who are staying away. Property consultant Vincent Chung says the protests are hurting sentiment but demand still outstrip supply hong kong home prices rose 3. 4 percent in 2019. In hall call i guess more than 60 percent of the properties which are worth all of the mortgage that mr moore and most of the whole old all are they dont need to we pay the mortgage and thats why i say they can wait as the even though the market is a lot worse at this fracture why now that they will have. To pop this thing the wash and thats why i say thats a lot must say at just an all caution all the home price at this moment. Property owners are watching the protests to see what happens the threat of a downturn looms over the Real Estate Market and Analysts Expect hong kong property prices to fall in 2020. Business update here and you from. Asia team thanks again and company. Odd. And exclusive interview with the noncon. Stands Prime Minister speaks with editor in chief ina sport whats khans perspective on the kashmir crisis. What does he hope results from the peace negotiations in afghanistan why has he remained silent about the plight of the wee girls in china what are our interviews in iran khan. And 30 minutes on d w most. Every journey begins with the 1st step and every language the 1st word a look a little nico is in germany to find a jumble. Why not learn little in fact i am not. Too soft its simple mind on your mobile and for e. T w z e learning course. German made easy. Every 2 seconds a person is forced to flee their homes. The consequences have been to say asterisk in our documentary series displaced depicts dramatic humanitarian crises from around the world. Look at thing we dont have that many i didnt go to university to kill people. Paying. For their cars and their future so they seek refuge abroad but what will become of course who stay behind and simply a little my husband went to peru because of the crisis that obama did if he hadnt gone there we would have died of hunger and want to down. Play displaced this week ditto. Player. Play. Play play. This is did reduce life for a girl and paving the way for peace e. U. Leaders debating military mission in war torn libya a day after backing embargoes arms embargo on the country the e. U. Says real action is needed to uphold a fragile truce between libyas warring factions also coming up a week of rage of violent protests rock