Plastic white line at the core with every year europe exports over 1000000 tons of plastic with is there another way . After all, the environment isnt to recyclable. Make up your own mind. D. W. Made for mines. Ah, ah, ah, europe notches growth in the 2nd quarter, but how long will last clouds are gathering on the economic horizon as Energy Prices skyrocket . And the war in ukraine continues, could recession be around the corner . Also on our show, the supersonic passenger jet attempts a come back. Major airlines are already putting in orders for a plane that right now only exists on paper and uruguay has turned renewables into a freight advantage. But its common a steep price for households across the country. Blown welcome to the show im see from beardsley in berlin. Is the European Union inching towards recession . The question today as the block released new growth figures for april to june, output for the quarter increased by 6 tenths of a percent compared to the 1st 3 months of the year. And thats just under expectations. But with a bit of divergence between economies, spain, italy, in the netherlands seeing more growth. Germany meanwhile, stagnating and germany is one of the economies most exposed to the fall out from the ukraine war. With russia limiting gas flows that power the countrys industry and warm its homes thats pushing up costs. I spoke about this earlier with maria de mer to us. Shes Deputy Director of the brutal institute in brussels. I asked her if europe might soon see inflation as high as the u. K. Where price growth right now is in the double digits. Well, sort of for some countries in place, and its much worse than that. Her for others, its lower, so never it in the you and the eurozone Inflation Numbers are not as bad as they are in the u. K. As high as the u. K. However, my sense is that at the beginning of the winter will be the tougher spirit ahead, both in terms of inflation rates, but also in terms of economic growth. So my sense is that the toughest time, sorry, but yet to come result with these new g d p numbers that europe is still eking out growth, at least in the 2nd quarter. But there are so many concerning signs ahead. Is a recession imminent . Well actually the new numbers and came out a day about and the new information for the latest quarter are not as the as said, pessimistic as i had originally thought for some countries. So im thinking here of the netherlands, but also there were the numbers from greece, or after a very strong to his spirit, actually quite strong, much stronger than i would have. There are dissipated for others Growth Numbers in the 2nd quarter, or between 0 and 11. 5. And of course the big issue here is germany with their ag did be growth in 2nd quarter. Exactly 0 i which basically means that i, you know, the next numbers are next quarter will probably be negative. So that is really the add the there one country to watch. We also have a few quantity of 4 that have called already one quarter of negative growth. And so yeah, theyre huge, a certainty ahead of us say, an is not obvious what will happen. Yes, but i think as i said, germany is a, is the country to watch here because it is really the engine of growth for the european economy. Interesting as the u. S. Is already in the recession, technically in the recession, balls, quarter one n quarter to have been negative numbers. I, sol, us, set, us, girl, said the use column is really in a recession already. How dangerous could have me pretty euros or that is the 19 nations that use the euro. If there is a recession later this year. Well, i wish i had to recess in also with a pandemic. So where, you know, danger isnt really the right number of suppose we were hoping for a quick growth, asked them a, but of course now with the roaring in rush, that this is not going to happen either your pin economy is a strong economy, could, whether this i think whats important was here is some really the weakest, the how they weakest when we hit, primarily because this is an energy soon, it will affect households, mtv, the poor households in ways that are, you know, we need to be, need to watch for this. The european economy hauling the will recover us and us because we are talking about really the winter after that many things will be different pay marlena. Decoupling of European Energy consumption from russia. So are there and means of any providing for energy willingly found. So really their next 6 months on was was enough to that. I think i will be out of the woods. I maria demerits us with the brutal institute. Thank you very much. Lets go now to some of the other Global Business stories making headlines. German utility juniper, which secured a 15000000000. 00 euro state bill out last month has reported a loss of more than 12000000000. 00 euros for the 1st half of the year. Thats due to lower russian gas flows, which forced it to buy it higher prices elsewhere, occurring costs that it was contractually unable to pass along to customers. Apple is in talks to produce it smart watches and laptops in vietnam. The Company Suppliers have started testing production in the country as a seeks to diversify production away from china. Vietnam, which already makes apple tablets and earphones is its most important production hub. Outside of china. German airports have hired fewer Foreign Workers than plant the German Government had plant a fast track work permits for several 1000 for an airport workers, mostly from turkey to help to ease travel chaos over the summer. However, only 150 such workers have been hired frankfurt airports, Parent Company says most of the workers available did not have the necessary qualifications. New york to london and roughly half the time of a normal passenger plane. Thats the promise behind this jet. The boom overture, a supersonic flyer that exists only on paper at the moment, but as already racking up orders. United airlines wants 15 of them. And just yesterday, rival American Airlines announced that it was putting in a non refundable deposit for up to 20 of the Company Behind the plain boom. Supersonic promises that it will take as little as 3 and a half hours to fly from new york to london. And it says a 3 day transatlantic business trip would turn into a day long round trip, and also vows the flights would be carbon neutral, relying on a Sustainable Aviation fuel. Now, tickets wont be cheap likely between 4. 00 and 5000. 00 according to the company. For the aviation industry, its a gamble, the predecessors of the overture, the supersonic concord stopped flying some 20 years ago due in part to low demand. I for more and then more on this, lets go to jens quarter or corresponded in new york at yes, were talking about a plan that exist only on paper. Right now were talking about a fuel that really isnt even in commercial production at any large scale, right . Now, how realistic are these plans . Yeah, and you mentioned that a call set been an issue with the concord to but also noise by the way. And now boom claims that they might have found to technical as solutions so that it wont do that. You wont hear those banks or when of app plans actually a break from the as sound a barrier assault well, and i have heard some reports that maybe even in the later part of this year or next year, we might see the 1st the test flights and it actually could be possible for passengers to book those flight the starting the year a 20 a 29 as there is some talk a was a rolls royce, a rolls royce might deliver at the engines, even if that deal isnt at finalized yet. So there are still a couple of obstacles, but at least according according to a boom, there seems to be some progress and obviously as some airlines believe so, otherwise we wouldnt see those orders as some airlines, but not all airlines. There seems to be some questions about the demand for supersonic flying. Well, sure, i mean on one side it is appealing. If you think about that, the plane is supposed to take only or less than half an hour. Its going from a to a kidney. Its all there, youre really talking long travel. Usually the flight takes you about 15 hours. That probably wont be the mass transport and pay for the future. Also, if you look at the costs, and then if you look at supersonic travel, one of the issues is the fast food. You go the more fuel your take and then also the ban teddy feel the sustainable fuel is much more expensive than the fuel that you have today. Its all, there are quite some question marks the airlines are interested. So you mentioned some am alter, Virgin Atlantic the us for seem to be interested as well as some alan from japan. Nora in court in new york. Thank you. We go over to latin america uruguay as one of south americas pioneers and Renewable Energy like nearby paraguay. It produces almost all of its electricity from Climate Friendly sorts of sources, such as wind and then makes good money by exporting much but to neighboring brazil. But your guys build out has come at a price. Kado pharma, jemina bolos property is surrounded by a wind park. And while the turbines dont belong to her, they bring many advantages to the farm. The company would have built the wind farm, also repaired al paths and roads and installed fences and gators you. Thats why we said yes to the Wind Turbines. After our initial concerns, that Wind Turbines financed by Foreign Investors rotate on good manners farm, paying her a 160000. 00 a year in rental income. So looking at a saw that we use the rental income from the Wind Turbines to buy cattle on seed and she so i lab land that for that moves as forward. You went to equal good. I got enough. Dozens of wind parks like this one have allowed uruguay to meet nearly all of its energy needs from renewable sources. This small south American Country is now a climate champion. And the center of this development is here. You tech. The Technological University has specialized in renewables. It trains engineers for wind and Solar Energy Tech as part of the countrys energy strategy. April phone. Camille isnt they wouldnt change, no Energy Resources has ensured that we no longer import oil export massive amounts of Renewable Energy to brazil and argentina. For example, in that he hasnt about acetic window, but at hinting. And thats also because the government make solar energy palatable to businesses with huge tax incentives. This has tremendous advantages. Whenever the wind blows, all the sun shines hydropower from was of was isnt needed. Its only used when really necessary. So its all, well, in uruguay. No, not at all. Ordinary consumers are paying the price of the expansion of the Renewable Energy production. Poor families are spending up to 15 percent of a monthly income on electricity, according to experts, to let you buy them. We caught it the cost of Renewable Energy somewhat lower than fossil fuels before, but its still very high. Thats be coals uruguay is a small country that has had to make significant investments with foreign partners for the wind farms and Transmission Network her to him. This also to look back, he saw lucas kick off. Dont not black. Deja mina also pays high electricity prices. And yet she cannot imagine her new life without it as a cattle and wind pharma. Thats it for now you can find out more about these and other stories online at d, w dot com slash business to check out our Youtube Channel as well, or the d. W. News channel. Ive seen beardsley as watch big profits at the expense of the environment. An outdated business, not its disastrous effects are visible everywhere. Green technology are seen as the solution. What can they truly help us achieve . Sustainability made in germany next on d. W. A little odessa on the spanish coast, olga and her colleagues have found a new home in the city of cutting when the war broke out the ukrainians were here on a business trip. Now village life is enriched by the young families who want to stay focused on europe. 60 minutes on dw, with the kids to go beyond deal with as we take on the world 8 hours and i do all this is weird all about the story that matter to you. Whatever it takes. 5 policeman, a deal we are, your is actually on fire made for mines a 9. The effects of Climate Change are already painfully a parents. And while Environmental Protection is now topping from policy agendas