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tv   Business - News  Deutsche Welle  March 29, 2022 5:15am-5:30am CEST

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as your new update at this hour, the visit headlines are coming up next i do stay tuned for that. and don't forget you can always keep up to date on our website at dw dot com or follow up on social media detail. the news, i'm claire richardson in berlin. thank you so much for joining us with hold for me, what people have to say matters to us. i am. that's why we listen to their stories. reporter every weekend on d. w. a man with the memories of a woman. ali from syria is born in a female body. forced into marriage,
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great. far from home, ali can finally become the person he's always wanted to be. i want to despair badly . oh, in the 3 credit, then we'll go through with it. i was born in berlin, starts march 30th on d, w. ah, is the war and ukraine leading to a tipping point for a global food emergency that is threatening political instability? we'll talk to former director of the world food program also in the show you creating ukrainians. escaping war are leaving their lives as well as their livelihoods behind. we'll look at a service that's helping them start new careers in germany and tesla sores. once again, on wall street, our markets expert will help us understand why a stock split as investors raising their engines. i'm seeing busy in berlin,
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welcome to the show. as the war in ukraine continues, food prices are rising around the world. and expected pension staples from ukraine and russia among the wheat is part of the problem. surging energy prices are also taking a toll a here in germany, the farmers association is warning that food prices could jump 20 to 40 percent. in south africa, the government is investigating the fresh produce market due to concerns over price volatility. meanwhile, in egypt, the prime minister there has introduced a cap on bread prices for the next 3 months. that's the spite devaluing the country's currency. to counter those rising food prices of food as an essential part of ramadan which begins the saturday muslims break their feast, their fast rather every day with a family dinner and will celebrate with big meals during eat. but this year there might be less on their tables. in the bangladesh, she capital decor,
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residents make a mad dash towards trucks headed for the local market. it's a government truck selling goods at reduced rates for lower income people, imported fruit grains, and other essential goods, which are also central to the ramadan celebrations set to begin on saturday. conflict, economic collapse, and political turmoil around the globe are making many foods harder to find and much more expensive, what bangladesh she's fear, the worn ukraine is exacerbating an already precarious situation. that was important. i that was due to ramadan. there is huge demand for fruits, but there is less being imported and demand is high or my home buyers are just rushing to the market. so the cost is also high. if you are, goods are coming in and i think it's due to the price hike of fuel. and the war between russia and ukraine, because ships are unable to come in time. so mother, by them from ukraine and rush account for assert
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a global we in barley exports. they are also topics borders of sunflower, seed, oil used for cooking. the consequences of the war are trickling down from traders to consumers that are on the price of all goods are higher. we also have to sell at higher prices so that we don't make a loss. but losses are already being felt around the world. as warren conflict destabilize economies, big and small, are there and cousin as a distinguished fellow at the chicago council in global affairs. she's also former executive director of the world food program, or 3rd, thank you for joining us. we're now more than one month into this war between ukraine and russia. is this leading to the global food emergency that many have feared? yes, if we don't take the action that is necessary for us to avoid a high food price, hunger crisis, it will be a global emergency that increases that significantly increases the number of hungry people across the globe. what kind of dangers are we talking about manifesting from
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this crisis? we all think of starvation, but there's also a political instability. see if there's a bit of significant amount of research performed on the relationship between a political instability, riots, protests and hunger. there is little causal evidence evidence to demonstrate a causal link between hunger and political instability, except in one case. and that is when that hunger is driven by an acute, it increase in food prices that results in working class people no longer a for a able to afford bread. and that when you begin to see the types of protests that we witnessed in 2008, when there were riots and over 20 cities across the globe because people could no longer afford bread. is that what we're, what we're on the verge of here today. that is exactly what we're on the verge of,
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ah, as a here today. i'm did the russian invasion and to ukraine. and the ongoing war was the tip of the tipping point for the indicators that were already beginning to grains theme. chief among them was the increased costs of wheat on the futures market. the, at the lack of availability and affordability of fertilizers of cross, particularly the developing world, which supports the $500.00, where the $500000000.00 small holder farmer support approximately 80 percent of all the production in the continent in the countries where they live and work they can no longer access or ford the fertilizer. we also see countries beginning net exporting countries beginning to implement the, the, the food export bands and restrictions that will limit access to food for net
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importing countries. all of these and other factors are coming online simultaneously to create a high food price crisis. right, or 3rd cousin talking about that tipping point that we're seeing with the war and ukraine and russia are 3000 chicago council global 1st. thank you very much. thank you for this opportunity. the german government says around a quarter of a 1000000 ukrainians have arrived in the country since russia invaded. many of those seeking safety in germany have left their careers behind as well as their homes. but a new jobs exchange is helping them match up skilled ukrainians with companies keen to take them on. natalia's board was driven out of her homeland by the war. her husband stayed and keep to fight. she doesn't want to sit around to complain. she wants to be a role model for her 2 sons, age 6 and 10. the online marketing expert is eager to work was she's here for finding job. ah, because when i asked seat home,
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i only seen kick and bout ukraine. it is very difficult for me. it is very difficult for my children. i think when i go to the job, i can now a little a, give me a stronger keep the ukrainian capital before the war. it was a booming tech metropolis with around $200000.00 software developers. the berlin based online retainer auto doc, as its i t department here with over 1000 employees. as the threat of war increased, the company set up its workers in hotels across ukraine's borders. after all, it's ukrainian workers are vital for the company. the fin you were loiter her form of. we find young people excellent, educated people, very hard working and very hungry to achieve something more. uns not only like that and keep you also getting khaki, which is now under fire, that the city with a lot of well educated people, the same goes for odessa would also be,
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did mention the slightly off odessa. the company supports the online job exchange you a talents, as do many other companies. the network helps ukrainians who fled germany to find employment among the 7000 vacancies. ivan under kito, behind a startup boats ukrainians, who've been living in berlin for a long time. in the long run, if we can make a lot of ukrainians work for european companies. and a lot of them are going to come back because they want to leave the country. they went to leave in their homes and they want to support everybody around them. and they, they're going to come back, they're going to bring those connections. and the integration is just going to have a, naturally, they're going to bring the culture. they're going to brill bring the processes to refugee crisis today is different from 2015. many more refugees are expected, especially women and children under like 7 years ago. adult ukrainians will quickly receive work permits over to markets now and shares in tesla,
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seeing a significant boost monday on plans for a stock split. it would be the 2nd in company history for more and that was good against corta on wall street. yes. first off, can you explain to our viewers, what is a stock split and why is ellen moscow targeting the 2nd one? yes, steve, and i mean if you have a stock split, what happens is that you could increase the amount of shares on the market on one side. on the other side, you decrease the value of the stock. so let's say for example, we see a stock split in the ratio of $2.00 to $1.00 that's probably want to tesla wants to do at this point. so if for example, you own 10 test stocks, a $1000.00 each, that's worth $10000.00. so with the 2 to ones the stock spent, you don't just have a 10 shares, but 20 shares, but only worth 500 bucks at the end of the day. it's also worth $10000.00. but psychology is at play here and makes seem the stock to be cheaper for
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market participants, especially retail investors. right. so the value for those already holding the stock remains the same, but perhaps more retail investors come in. wall street really seems to like this. why is this such a winner today on wall street? it was a huge booster for the test stock and up by 8 percent on the day when we also heard that test, i actually had to shut down production and sign up for now a dave in moscow make to the announced the via twitter that he might have been infected with the virus once again, but yet it was a very good day for tests for once. if you have a stock split that does show that management is confident that they believe at least the stock will go up even further. and then if you look at the history books the last time and 1st time, also that test to stocks good. that was in august of 2020. in the 3 weeks after tesla announced the stocks that the stock was up by almost 80 percent. so
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also now obviously wall street believes that the announcement itself could drive the stock even higher. and finally, the whole stocks but probably won't happen before october ryan's quarter following the latest with tesla from new york. thank you very much. and and before we go, here's a reminder of our top story. the sour curtains war in ukraine continues to weigh on food prices, the former director of the world food program, earth or, and cousin tells this program that sustain price pressure has the potential to become a global emergency. and that's it from me and the business team here in berlin. you can find out more about these and other stories online. d, w dot com slash business. you can also find us on youtube. we're under the dw news channel. i'm seeing beardley in berlin as always, likes to watch with
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a the war in ukraine to leave it or to stay behind. it's a tough choice. ah, what's it like for those who flee? what's it like for those who defend the country? choosing their fates at the border. close on next, on d, w. a
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