patients in the hamas ruled territory overnight the israeli air force stepped up strikes on gaza as hamas launched hundreds of rockets into israel. you are watching d.w. news coming to you live from berlin business is up next well the germans will be here taking a close look at cut a lot of t.v. prices they've been rising you guessed it i'm terry martin thanks watched. cut. where i come from we have to fight for a free press and was born and raised in a meeting with the painter shift with just one t.v. shadow and if you missed a 1st one official information as attorneys i have walked off the streets of many cantrips and their problems are almost the same 14 the social inequality

a lack of the freedom of the press. corruption work on the farm to stay silent when it comes to the fans of the humans on the scene why through phones who have decided to put their trust in us. my name is jenny harrison i work. is this the next super cycle global commodity prices op booming in some cases to 400 per cent year on the year we look at the implications and the german lumber industry also coming up. we'll tell you the story of a fight to save millions of. oysters that might have otherwise ended up in the

trash. you welcome to do that with business i'm going to johnsonville him to have you with us. markets have been rallying as prices of key commodities such as zinc cop poor and aluminum slipped alleviating concerns over inflation that's triggered sell of earlier in the week but as we all know things could change very very quickly again given there are signs of a post coronavirus recovery boosting demand especially in the us and in china and that demand has been driving commodity prices to record highs just take a look at this crop of prices have surged 105 percent in the last 12 months a ton of iron ore has risen from $1000.00 in may last year to over 200 dollars this month that's an increase of 144 percent lumber prizes there we are now they sorted by nearly 400 percent in the last 12 months and

an export boom in construction timber to the united states is sending timber prizes in germany through the roof germany is the 2nd most important supplier off soft wood sawn timber which is used for the construction industry off to canada but rising demand means that local carpenters and join us face enormous price increase . the forests of the hearts region in central germany are bone dry the trees sick and infested with pests i for years timber was cheap and in abundance now suddenly it's in short supply prices are rising rapidly i forrest the meter is not surprised by the increase prices timber is in high demand all over the world china and especially the us are hungry for construction lumber and bought boards reconstruction industry there is booming thanks to

recovery programs and for the americans market on the doorstep canada has collapsed because of a pest infestation on millions of hectares they just can't get any more wood from canada. to safe target the shipping containers come straight into the forest. cut to a length of 11 and a half metres the trees fit exactly into a container ready for sea transport. timber companies in germany are left with the short end of the stick in this carpentry business the last of the wood supplies for a roof frame of being cut when the next delivery will come is unclear the company's making heavy losses because they have to buy timber at 4 times the usual price. company boss carl hoffmeister is frustrated medium sized companies like his

struggle to get hold of lumber a few large saw mills dominate the market. it is in a. course able to buy a large quantities from the market due to their capital strength and they're able to export accordingly in terms of the entire logistics and can therefore redirect products at short notice and bring them to markets where it's possible to earn significantly more sordid mess of id. and that's the usa a handful of sawmills dominate 80 percent of the timber market in germany. they distribute the wood where they can make the most money the german sawmilling and timber industry body says that's the way the market works. lobel demand which is also increased in the last year and months due to regional peculiarities is causing corresponding price effects the higher the demand the higher the value of the products. to put. back in the hearts forrest. is happy with

the increased revenue but he's still worried about attacks from parasites which could threaten the trees he's planting now they would be ready for harvest for another 70 years. well germany's logistics sector is finding itself on to more pressure to cut emissions especially after more aggressive climate targets were agreed to by the german cabinet this week some of the transport industry say they're tired of waiting for greener trucks and delivery vehicles and there instead looking for ways to make their own routes more environmentally friendly. fred don't know is fully loaded orders for 5 customers indecl door far on the truck bundling orders is part of transport firm r.b.c. looking sticks concept for avoiding what's a small trip sent into space but that's not how many other companies do it yes because there are fewer who are used to drive as a courier myself and we used to drive into the city even for letters. avoiding

trips sounds illogical for a logistics company but the idea is simple the orders are collected just outside the city and then forwarded it saves the customer's work time and above all emissions holger to he's and came up with the idea he feels time's running out for green solutions in the logistics sector. we've been waiting for years for industry to provide electric vehicles and now hydrogen powered vehicles we just can't wait any more we have to take action we need to develop new ideas. how to get to he isn't is looking to the future of logistics how can deliveries be changed to reach the new climate targets the answer change the flow of goods strengthen regional markets and lift tolls for long distances. in our opinion long distances must become considerably more expensive and regional deliveries should be incentivized just to support regionality but time is running out 10 percent fewer emissions than

previously accounted for within 9 years until now only one quarter of germany's listed companies are reaching the climate goals according to the right agency in frankfurt the problem most would have to adjust their own business model. it means that if emissions are really to be reduced significantly then it's not enough to carry out some optimization and energy efficiency in your company instead companies would really have to scrutinize their business models and possibly rethink their business models. such as driving less bundling more orders and still being a profitable logistics firm and calling for investors to also consider the climate targets green think tank agoura is calling for this to be subsidized by the state. if you look at what's happening in asia and how the chinese are saying they also want to be climate neutral you see that there is really no alternative globally

it's a question of whether we want to be at the forefront or get left behind. in light of the increasing pressure to act it's high time for new ideas time to take a look at some of the other business stories making news amazon says it's hiring 75000 workers across the u.s. and canada to meet the growing demand of a rapidly heating american economy that would boost its workforce by 8 percent new figures show a market turning to job seekers favor jobless claims in the u.s. hit a new pandemic low last week. south korean president moon j. in says the country's chip makers will invest over $450000000000.00 in new production in the next decade to tackle the global semiconductor shortage a key part of the investment will be a massive new production facility for samsung and a tronics chips. and to its european business has been the target of

a cyber attack of japanese public t.v. says the attack was carried out by dockside that's the russian speaking criminal syndicate u.s. authorities blame for the ransomware attack on colonial pipeline days ago that caused havoc with field supplies. for more on that i'm joined by chelsea delaney in frankfurt chelsea 1st colonial pipeline toshiba what's going on. well there's still a lot we don't know about the attack this was reported this morning and it was it came ahead of earnings results from to did release those results of they seem to have access to their systems still it seems that the attack was targeted at their european business which is headquartered here in germany whether they paid ransoms to get access to their systems all of this is still very unclear but in the light of the cloning pipeline talk as well it's certainly something that's more and more

concerning for businesses you say i mean cyber attacks becoming more common nowadays is this the cost of doing business. yeah it's really a booming business cyber hacking we've seen over the past several years more and more cyber attacks like these but really this changed a lot last year during the pandemic we saw global ransomware attacks rise by about 485 percent according to one cyber security firm and part of that was because we saw this sudden shift to remote working so companies were building out these new remote working capabilities and there were a lot of holes in those in those systems so that really opened up a new door for cyber how could how kerslake darkseid which is quite a new name in the cyber hacking world they've only been around since last august and they've already hacked about 80 different companies and the other part of this

is that people are paying these ransoms companies are paying them a lot of federal authorities warn people warn companies more and people not to pay because that will make people make these companies come back in and try it again instead companies are continuing to do this and there's also an insurance market for this now where companies take out insurance policies so we're definitely seeing more and more of these in part because of just realisation and part because of the growing cryptocurrency market which is how most of these hackers demand. their payments but certainly a concern for this is indeed just doing you some food thank you. when the pandemic hit last year restaurants across the world were close to this supply is still there still go to ruin this post a particular problem for oyster fungus in the u.s. it left for too long if left to go moist is grow too large to sell to restrooms but

some oyster farmers found a novel way to survive. these are destined to learn to manipulate like keypad with the close of champagne. but the money skin now being returned to the water that didn't date cancelled due to the pandemic. so in march of last year sales basically went to 0 and 90 percent of the oysters we saw go to restaurants and so once the restaurants closed the the our distributors just said we can't take any we have no place to send them. so the new hampshire based defilement decided to take part in a conservation initiative the nature conservancy a u.s. conservation group is spending $2000000.00 u.s. dollars to buy $5000000.00 sepsis oysters restaurants don't want and it's relocating them to 20 reefs across the u.s. this one in maine belongs to another farmer helped by the project. it really has

been. kind of a lifesaver to be able to keep the revenue coming in. quite quickly. and i just think it's a great thing that they're doing and. it's great to be a part of it so for now he always does when you're on the hot show just yet. but as vaccinations keep being bowled out across the u.s. it won't be to nome before the delicacies it back on ice. that's a business update at this hour thanks for watching. climate change was the spark that made her take action. cloudy augustine oil from portugal is suing 33 european countries for forest fires in her homeland are far too common. with a group of other young people she's heading to the european court of human rights.

with success. focused on your. own d w. w's crime fighters are back with the africa's most successful radio drama series continues to not only do so is are available online course you can share and discuss on w africa's facebook page and other social media platforms crime fighters tune in now. hi everyone welcome to focus on europe i'm happy to have you with me here in europe we really are feeling the effects of the climate crisis with extreme heat waves droughts and out of control fires portugal has been hit particularly hard by forest

fires over 100 people lost their lives in 2 deadly blazes in 2000.