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tv   Business - News  Deutsche Welle  May 12, 2022 12:15pm-12:31pm CEST

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i sent you up to date. well, well news at the top of the hour up next here on d, w at chelsea, delaney has your business updates on the casa headlines around the clock and detail as well on the web site. the w dot com and on the d. w. i'm good. with, [000:00:00;00] with respect to go in an improved world. the
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meeting of the loom whale sharks of the remote island of san antonio. ah, it is a testament to the home of the of the islands waters. one of the many success stories from a bastion of biodiversity starts may 20th on dw oh, russia turned off the tops to keep you gas firms. moscow stop sanctions on dozens of european energy companies and hold some gosh, it will ask an expert if the much fear russian gas located has arrived. and india wants to become a major player on the global market can help the world avoid
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a food supply crisis. and as the fight over abortion access intensifies, corporate america is being pressured to pick aside. we'll talk to an expert about what companies have to gain and lose from taking a stand for the controversial issue. and chelsea delaney welcome to deputy business . did russia just turn off the spigot on europe? moscow has announced sanctions on $31.00 european companies, including gas prom giovanni of the former subsidiary of russian gas giant gas problem that is now controlled by german regulators. as well as germany's biggest gas storage facility and gas trader, wind gas economy minister, robert high back on thursday, confirm that some companies are no longer receiving gas due to the sanction. though he said the country has found alternative suppliers. for now for more in this, i'm joined now by had invoiced. i'm the director of energy climate and resources at your age, your group in london hunting thanks for being here. so what do you make of this? we've already seen russia cut off bolen. nope. and bulgaria is this the moment when
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russia cuts off the rest of europe from its gas. i mean, it's probably not that moment yet, but the sort of the deterioration of security of supply from russia is really quite alarming with seeing it's steady sort of escalation sanctions with talary sanction . and just last night, and i'm going the roughly, i didn't post them on get from domain yet and whole and part of the pipeline just really didn't. the means that we don't quite know if or when russia will got to be union must do after everything's killed her to supply so that we have acne with yeah, you had expected not to be fully off rush and gas for years. they said sometimes sometime before 2030 is the you at all prepared for this well, so we must go. they want it all in anyway,
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2 months ago. and now they are going into overdrive to prepare for this. so i think a bit like we've seen an oil over week, and there's a lot of movement that a lot of action going on alternatives to black contracts. and then the input terminal floating metals being shipped to europe. so that, that next winter. but i mean if we got the long and probably going to be really tight and there might be some, some rationing of energy in the next. we just don't know something. yeah. and what would the impacts be? prices have already skyrocketed. you mentioned rationing there. what. what are the effects if russia does cut off gas? well, so i mean, right now the price is actually not that bad because we're just out of winter. there's no heating demand now. and there's a lot of energy coming in that was bought to buy price that a few months ago. but when it gets cold again, and if there's a disruption from a broken gasket, like basically on a big scale, you know, total cut off and then go through the roof again. and in a worst case,
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i mean for the german government would have to go from its current level one of the gas emergency to the maximum level, which would involve a reckoning of energy to non non essential industries. so that they can provide over there to help them. and of course them home, heating and electricity. so that would be pretty rough for germany, the economy to people and english time, the director of energy climate and resources that your asia group. thanks so much for joining us and give and it's not just gas that is under threat to, to russia's war and ukraine, but also the global food supply. the 2 countries export more than at 25 percent of the world's lead, collectively at the war, has disrupted supplies of the staple and cent price. the surging. now india sees a chance to step in and become a major player. this seller in her younger northern india,
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seeing incredible traffic such in borrow days in charge of to warehouse has never seen such high demand for wheat before. why don't we stop? there isn't the problem. we stop a human theme on 6 months. it is a no problem. the we have off the war, we are going to stop or hear and offer that we thought our superman felisa after china. india is the world's largest producer of ritz origin, with 103000000 tones in 2020, but high local consumption has rarely allowed to country to be a major exporter. all the other country is on the list, export. a lot of their wheat supplies from russia and ukraine, however, are going to decrease this year because of the war by building more roads, trucks, and c port terminals. the indian government is amy to step up with exports. according to agricultural economists, the government guarantees benefit for the farmers while hoping, although yet the supply crisis. government has put a time with about 10000000 tons of exports,
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of which inevitably at its own stalks give the benefit to the farmers. but also to pull down the international prices a bit, it's a global responsibility in yours and given the services that can you an export to 15000000 new debt is also playing a role in research and development by mandating lab tests for quality control says to start off to war in ukraine, i mean controllers, laboratory, and mom buy has been quality testing around 50 samples or feeds every day. there are certain special needs to work quite with. i need to be requirement to workspace my build with vestibule pesticides. he didn't read, we'll have to conform to some of the special requirements. we are quite sure that the grid with nearly 800000000 people facing food in security and hunger across the globe. india attempt to ramp up with exports can offer some urgently needed relief . now,
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american companies are increasingly taking public stances on social and political issues. the latest touch example is abortion. a recently leak supreme court draft decision would overturn the well have you weighed ruling that legalize that procedure throughout the us half a century ago. some big companies have responded to the looming abortion crackdown by pledging support for employees, while others remain quiet. microsoft joins a growing number of companies who are offering reimbursement for abortion related travel expenses. the list includes apple and amazon. apple 1st proposed such a benefit for employees after texas past sweeping anti abortion legislation in 2021 . it's a position that many will applaud, but one which has vocal opponents on the political right wing. a backlash has already started brewing with one u. s. senator introducing legislation that would prevent companies from receiving
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tax breaks on expenses tied to covering abortion related travel. why? the fight over abortion protections mirrors other thorny social justice battles from recent years. with companies taking clear public stances on activist movements such as black lives matter over disney's opposition to the so called don't say gay bill in florida, lead to the governor, they're moving it's special tax status year to come to your a corporation based in burbank, california, and you're going to marshall your economic might to attack the parents of my state . ah, we view that as a provocation, and we're gonna fight back against that. taking stance is on hot button issues used to be relegated to the political arena. for corporations. there's no winning move here, whether they take a stand or stay silent, many will see any move as political. ah, i'm joined now by alison stewart allen,
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the chief executive officer of the consultancy, international marketing partners. awesome, thanks so much for being with us. so tell me, what is the benefit to companies for offering this payment for abortion? well, many fold, frankly, they staff morale ah, it communicates a message to employees that we support you on such a con, reversal issue. and given the importance of female talent to these companies, they want to keep them. so by demonstrating their support on this issue, they hopefully are inspiring women to not only stay in the company, but also attracting women who may want to work for the company to. is there a risk that our backfires are? there's every risk that backfires, especially in certain states where that company operates,
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where the view of people in that state perhaps, or even city town, very local level, is very much anti abortion support. so, you know, by taking a stands, companies are certainly putting themselves above the parapet, so to speak. and one might say, that's a good thing for companies to take a stand. others might say it's a very risky thing to do and not worth it. my expectation is that these companies that are being very public on their position on supporting women to travel, to have that procedure is that they've done, they've run the numbers, they've assessed that the pay off the benefit of being public on this and supporting them. women is going to be much higher than the downside or the risk. yeah, obviously we've seen companies under a lot of pressure to speak out on political and social issues in the past couple of years. do we have
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a sense of that actually is impacting the way employees choose their employers where they stand on these political issues? it very much is shaping how employees view companies. and that's why, increasingly, we are now seeing corporate leaders being very public on a number of issues, not just you know, abortion, but l g b t q on freedom of speech are now seeing ceo's taking stands on a number of contentious topics. where in the past, this never would have happened. but we do know also that younger employees expect corporate leaders to have a point of view on these things. so if you are going to attract the millennials, the jens ease than the hope, the expectation really in that population is that yes, you have a point of view and you're going to be very public about it. i mean, is this a trend that's sort of isolated to a handful of large
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u. s. companies based and, you know, liberal cities or is this some thing that's impacting all employers in the united states? well, it's impacting not only employers in the united states, it's impacting employers here in germany and around the world. you know, companies are being expected by younger staff wherever they are, to have very public positions on these sorts of topics on the environment. so e, s g, a, environment social governance, ah, that companies have points of view. so it's not limited to the u. s. even or even parts of the us. it's actually a global phenomenon. and the company brand is being assessed by such younger employees and even the, the, the financial capital markets on these issues increasingly as well. and consumers as well. absolutely. right. out and steering on. thank you so much for
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training. thank you. and a reminder of the top as the story we're following for you, this, our subsidiaries of gas from germania are no longer getting gas deliveries. just as the e you discussed is a full energy embargo on russia. moscow has itself sanction $31.00 european companies, possibly threatening the blocks. energy supplies are than expected. that's our show . thanks so much for watching you next time. eco india. a woman embodying change. sub driver liter. buying her electric taxi is making a drastic cut to carbon emissions. and see is breaking down gender
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stereotypes while helping other women at the same time. the next d w. d w's crime fighters are back to africa. most successful radio drama series continues. but all episodes are available online, and of course you can share and this goes on d, w, africa's facebook page and other social media platforms, crime fighters, tune in now with in modern life, we're always on the move, whether they're getting around or shipping across the globe a modes of transportation of convenient, but they're damaging the environment. how can we make mobility more sustainable?
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that's what we've talk about today. hello and welcome to eco india. i'm fun with

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