columbia, the country's armed forces helped a rescue team transport a pink river dolphin tracked in a shallow river in the east of the country. in a 20 day operation, the army joined conservationists and vets. to capture the aquatic mammal and air lift it to a lodge, a part of the orinoco river. with you're watching dw news up next in business, the world bank issues a stock warning about the global economy in 2022 can stay up to date on our website, t w dot com and on instagram and twitter to handled there is at d. w. use, i'm jared raid. thank you for watching the battle against cove it. the only variant is putting healthcare systems around

the world to test vaccination campaigns or accelerating while restrictions are intensifying once again. but are these measures enough to stop the spread of omicron, fax data and reports release, you know, weekly coping 19 special every thursday on d w. ah ah ah ah, ah, ah, ah. booming debt levels soaring inflation and new co, 19 various. the world bank is sounding the alarm about the long list of risk for

the global economy and the new year. the world's poorest countries are most out breath. also on the show, storing inflation as piling pressure onto the u. s. federal reserve, but will controlling prices mean putting the job market on i will go to new york for analysis. and swift scientists are turning to one of the world flawless life forms to help cows release fewer greenhouse gases until delaney in berlin. welcome to the show. the global economy has staged and impressive come back from the historic low of 2020. that's according to a new report from the world bank released tuesday. after contracting by more than 3 percent and 2020 global g d p growth came in last year at 5.5 percent. as you will see here in just a 2nd this year the world bank is also expecting improvement of just over 4

percent. now that's the good news. the bad news is that this recovery is not being evenly shared. the economies of developing countries in particular are recovering much more slowly and asia, the middle east to latin america and africa growth in 2023 will be significantly below the long term pre cova trend. now, poor countries haven't been able to spend as much as advanced countries to cushion the impact of the pandemic. the world bank is warning that another 100000000 people will fall into extreme poverty this year. now for more on this, let's talk to francisco own sorta, she is a manager in the development prospects group at the world bank. francisco, thank you so much for being here. so the world bank has called this a inequality pandemic. why have we seen such a stark divergence between the world's richer economies and the world's poor?

yes, it is really, is a stock diverse. we're heading into a very pronounced global slowdown. as you mentioned already before this recovery is complete, an emerging market next year after 3 years of recovery and emerging markets, developing economies with 74 percent below the people that attend. and it wants to call me back to try and make it up. so it says if the and emerging markets of developing economy is well last night from advanced economies. and the reason for that is in good measure because of different policy support. both groups of countries implemented extraordinary policy support fiscal and monetary in 2020, a sort of identity, but emerging markets developing called me so i've already started to withdraw it more than one of already type on j policy. i didn't 60 percent of them already lost here. fiscal policy was

a driving role that will only become more pronounced as we go forward. so the world bank has also mentioned vaccine and equality as a big issue for a lot of countries. now that vaccines are becoming more widely available, do you expect that to be a boost for developing economies this year? yes, broader vaccine rule out is something that will help global growth and it has been progress about at this point. about half of the population, the average gmc has been vaccinated. the ones that are really lagging behind other low income countries slowly about 7 percent of the population have achieved have gotten one shot increased, but in tech solutions rolled on even more broadly, to all the corner of the world. leave it open for you to imagine on the counter simply to remind off that absolutely. this report also really points to the growing doubt levels among all countries advanced and poor developing countries. how big of a risk you see that as a to the global economy. this year, yes,

the risk of financial stress is a very real risk to global growth. and it could be triggered by any number of events. and these events are becoming more likely. it could be triggered by faster than expected policy tightening advance economies. it could be triggered by credit, even emerging market. it could be triggered by expectation of these things. any of these events would raise financing costs could cause capital all trust because captain altro, so we've seen already put me emerging market and could cause the appreciation. the problem is that currently emerging market developing economies are particularly vulnerable to this. they're valuable because that is much of the k ties in addition to vulnerable because they have very little policy room to intervene and support the economy should. should anything go wrong? so not only out in the lower flight path is almost as if they were flying. also a gas off empty,

almost empty. they have very little room to support francisco. and so at the world bank, thank you so much for joining us now in the u. s. high inflation is posing a serious threat to the countries recovering job market. that's according to testimony from federal reserve chair jerome powell, on tuesday in front of the u. s. senate. the fed will consider additional interest rate increases this year on top of the 3. it already has planned in 2022. if consumer claim prices continue to climb. we know that high inflation exactly toll, particularly for those less able to meet the higher costs of a central's like food, housing, and transportation. we are strongly committed to achieving our statutory goals, maximum employment, and price stability. we will use our tools to support the economy and a strong labor market and to prevent higher inflation from becoming entrenched. now yes quarter our correspondent in new york joins us for more years. pow husband

insisting for a while not that the fed was going to move very cautiously and moving and pulling back the stimulus. why a few changing his to now? yeah, well i mean, you don't always get what you want. the problem is that those inflationary tendencies seems to be last thing much longer and are more elevated than the federal reserve side coming in the past couple of months. by the way. it's also not the 1st time that the federal reserve is not picture perfect. their estimates we will get the latest reading on consumer price is now on a wednesday end of economists are right. we will see the steepest them increase in those consumer prices in about 40 years. and that's why the federal reserve for these the urge to act by the way, not just with increases of the interest rates, but also with lowering the balance sheet. meaning that pretty soon the fed could even start not just ending the bond buying program,

but actually actively start to sell bonds. well again, there's clearly a balancing act here for the fat and every other central bank where they want to really reduce inflation without hampering the economic recovery. we've heard on power talking a lot about the job market, not undermining the job market. but is that really a risk given that unemployment was below 4 percent and december? i mean, the more you increase interest rates, for instance, the more likely it could be that you might start the recession and that could actually put pressure on the labor market. but overall, if you look at current statistics, we have an unemployment rate of 3.9 percent. that is a very close to the 3.5 percent that we saw before the per day may kit and that so those 3.5 percent, while the lowest unemployment rate in about 50 years. but clearly those statistics do not show you the entire picture. we are still shy about 2000000 jobs

in comparison to pretty different dynamic level. the participation rate and the labor market is pretty low. but i would say at this point, we also have some structural issue with why we are not a 100 percent where we used to be on the labor market before the pandemic started. so i would say with monetary policy, you will only have a limited effect on the labor market at this point. and quarter new york. thanks so much. now the beef and dairy industry is a major contributor to global warming. that's thanks to these guys. cows as they digest food, they in large amounts of methane and switzerland. scientists may have found a way to make house less gassy and better for the climate. the substance could be the solution to the methane problem with cows. billions of tiny micro algae are floating in these vials tabi and via and his team from the swiss competence center

for agricultural research in ban are on the lookout for a very specific algae. one that tastes good to cows, and at the same time stops the process of methane production in the cow stomach. the enemies yandy. i analyze the algae for its nutrient content to holler, and we can actually simulate the digestive system in the labs. we can test small amounts in the lab and to see whether the algae, as the potential to reduce methane emissions. analyst was to wait. it's here, there are 1500000 dairy cows in switzerland. each of them releases several 100 leaders of methane per day. once the scientists have found the right algae, mass production is set to begin up. it could take just a day or 2 weeks for the algae in a bio reactor like this one to be ready for harvesting. the plan is for farmers to install bio reactors on their farms and produce their own feed. farmer. martin hooper knows all to 70 cows by name. he makes

a living from their milk. but he also wants to do something for the climate and is open to innovative ideas. as an industry, if the cows will even just up, then it would actually be a great idea than that. cuz when need an additional protein source that can replace the repeating clearly. so it would actually be a double benefit on often the opposite of that said it until i, on the one hand i, the algae, smithing reduction. i missed out on the other hand, a new source of protein after on the inside there and the protein kill it. but it's not that simple. 2 years ago the algae spirulina was added to the feed of dairy cows on this experimental farm. as part of a study, the result good and bad at the same time. ah yes, exactly, algy very well, which means they weren't deterred by the flavor of the milk. the name chain for us animals at the end was also good ago. we didn't have any fishy smell, mac,

but unfortunately i didn't find any effect on methane production because i think of that most mitten thing. but researcher fabi on val is not deterred. he's confident that he will find the right algy, sooner or later. then if we're lucky, we'll find them in 3 months. if we're unlucky, it'll take longer that, but we're absolutely convinced that we'll find it eventually. we'll come to the lab every morning and keep working on it. the researchers hope that the pilot phase can begin in early 2023. then the 1st farmer's will test algae is feed martin hampshire hopes to be one of them feeding his cows while helping the climate at the same time. thanks for watching. ah no. go ahead, they're pros and cons to efficient transportation project. the new standard railway

in can yeah. with a problem for motorists a threat to endangered wildlife. how a low emission train line is really bad atmosphere. eco africa. next on d w. ah, welcome to the dark side where everyone has their own truth. when you have that sort of inability to agree on basic docs, i think that you face a future with a country that is very rude. i think world the struggle for truth in 45 minutes on d w. oh.

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