soon as in the school, i'd rather got a degree. izzy did when the adult off son. yeah, you got the money over. some of the students are familiar. i'm moving to dorado. where and food is what if i did, i don't know. i do. it's just across the board, any feel peer where many people emigrated to in search for food? i had. e chron wants to stay here and learn. george and he w news. got me business, jesus up next with rob watts. i will see you tomorrow with nico is in germany to learn german pollution pinnacle. why not learn with him online, on your mobile and free t w e learning course, nico speak?

ah ah ah, the german chancellor calls the world's oil produces into action all abs. schoultz says only an international effort can help countries to pay their energy bills. see our exclusive interview. we'll hear about the life threatening conditions facing

ukraine's farmers as they work to secure the next harvest. this is database, nissan robots, in berlin, welcome to the program. the german chancellor has told d w, the world's oil and natural gas produces need to take things up a notch up schoultz has been speaking to our chief political editor, mckayla to snatch during a visit south africa. he says, european leaders and the us. so encouraging nations to help ease the pressure on global oil and gas markets, prices have reached record highs since russia's invasion of ukraine, putting the strain on consumers around the world. that is necessary to start to increase the supply with guess the fuel of all the things to make it feasible for the countries to pay for the blue. so how will you get fuel sources is off the table, but these prices,

we are now discussing with all these countries that are exploring oil and gas to trying to convince them to increase the capacity. so this would the board market. well, let's get some expert reaction to chancellor sholtes as comments. ricardo house, mom is a venezuelan economist, eating economic development at harvard kennedy school. he's been speaking so i, editor in chief manuel a casper claridge at the world economic forum meeting and doubled. he cuddles. the german chancellor has asked annoy producing countries to produce more oil, to dispense a fresh and i hung realistic is this from your point of view. i think there's an interesting agreement to be made. we need to separate opec from russia. as you know, russia joined or pick in december 2016 in a structured called opec plus a. i think the basis of the bargain is the following. a. the west is going to make sure the brush gets no access to financial markets, that they get no access to all technology. and that they gave no access to oil

markets. that's going to reduce the ability for russia to invest in oil and to maintain production. this is going to be good for the carbon ization. so because what matters for the carbon is ation is the reduction in global production. but we need to be carbonite in a way that it assures energy security and energy affordability. so we need opec to guarantee energy security in a process in which the market share of russia is going to shrink. and that's in the interest of the saudis, the emmy route these and the other oil producers. so i think that that deal should be on the table and i think they should sit down to negotiate. but how long could this take? i mean, for this would take quite a while, i guess we're not in a hurry. this is an important for the long term in the short term. in that discussion in europe has been completely a derailed by the idea of becoming independent from russia and to embargo russian

oil. this, it may be good for europe in the medium term to assure european security. but right now there's a war going on and he wants to harm russia. so the way to harm bratia is not to embark russian oil. it is to tax russian oil today, tomorrow, immediately tax russian oil that will imply that russian oil will have to complete pete with saudi oil in the european market. and they will have to be sold at the same price controlling for quality at the same price. but the only problem is that the russian price includes a tax and the saudi place. doesn't the saudi, i would be cheaper, obviously not. so the russian oil will have to go down in price russia. we'll have to give bigger discounts. we already see that the discount between ural joining, the russian oil and, and, and brent the standard oil. the benchmark used to be $3.00. now it's $30.00. let's make it into $60.00 or $70.00, and that's the way to her putting. now,

let's talk about in energy, secure it in european geo security. a, you know, in december if you want. but right now there's a war going on in russia, in ukraine, and we need to reduce the cash flow of mr. put in. and we do that with faxing russian oil, and then you can use that money to rebuild the ukraine. it to subsidize consumers a to a help in the ukranian refugees, whatever. but i think hydro doesn't mind change. one depends in 10 dependency to the other. i think that in the long run a weird we need to de carbonized, but we're not going through the carbon ice in a year. that's why the target is 2050. we need to assure any that we get to 2015 at 0. but in the meantime, we need to assure energy security and energy affordability. the world, the atmosphere doesn't care who's already got burned. right?

but we care who's always got burned because there are some countries that if they sell oil and make a lot of money, they use that to attack other countries. that is a very expensive oil because you have to count the cost of oil and your cost of defense and your cost of administering refugees and your cost of helping the other country. so russian oil is the most expensive oil there is. we need to get rid of it, but we will get rid of it gradually. in the meantime, we will tax it. carter housman from harvard kennedy school was speaking to you. manuela cast the claridge they're moving on. shares in snap have plummeted more than 40 percent on wall street following a stark warning from the snapshot owner in a filing, the company says the macro economic situation has been deteriorating, further and faster than it's anticipated. it says, therefore expected q to results to fall below its lowest previous estimates at lake assessment had a knock on effect for other tech stocks with alphabet. and amazon also losing

ground low cost to our financial correspondence on wall street yen quarter and get a bit more on this. yeah, it's not mentioned the macroeconomic situation. what are they up against? well, rob inflation is sir the name of the game. i mean, they also have been some other issues the war in the ukraine. a definitely a did not help them either. but mostly what you see is that a lot of companies, a lot of advertisers with inflation, they feel their cost pressure and therefore they scaled back their advertising dollars. and that it's failed to buy a company like net per but i have to admit the reaction on wall street was a pretty extreme was the stock almost so gutting, getting a cut in half and also some other social media companies actually trade it to the

downside and maybe to bring up one more company from another industry. abercrombie and fitch, ships or the retailer came out with a numbers that were much lower than expected. also because of inflation also because a consumers have to think twice where to spend their dollars and that stock. by the way, it was down also a heavy 30 percent. a lot of firms having to tighten their belts and seeing what sort of impacts that having on the job market. well, i mean we have heard that so far and totally from a different company so that they're putting, hiring on hold. so we heard that from snap, by the way, that company is at least pushing some new job of hurrying said to the future. we have also heard from facebook or the company now known as the meta platforms, to having a hiring freeze. we hear that from the alternative, right,

sharing company over also from a lift. so all of those companies are not really hiring at this moment. so, so far, if you look at the testing, we almost talk to full employment in the united states, but we get more more anecdote that companies are becoming more hesitant to hire a young quarter. neil for us. thank you very much. our international leaders have warned, of a global food crisis brought about by the war in ukraine. russia's assault is blocking vital shipments of ukrainian wheat from leaving the country's ports. once more, ukraine's farmers say they are risking their lives repairing the next time. that's all that's left of lots tractor and so it would call us the real use to be here the way it was torn apart and got blown away with kennedy. he was working in a field in the key region when he drove over a land mine. he sat i heard

a back and everything darkened in front of me. total black was and when i woke up underneath the steering wheel, i will come in and sitting like that with the cool a lot of equipment has already been damaged by russian forces. the loss of this tractor comes at a difficult time. lots employer sense. every loss is significant, right? i had a vehicle and now it's gone or the needs. and i don't know if he'll manage to repair it or not because we don't have much equipment like loud and ordering and you one from canada on. it's impossible. now, despite are risks of encountering and explosive left behind brushing forces now is the time to plant new seats. however, already an estimated 25000000 tons of grain from the last harvest is stuck in ukraine. this place and keith stores 65000 pounds of corn,

soy and sunflower seat. and all these trucks just arrived to the plant from franklin regions like mich alive there. hope explored to crop from here. because domain roots are no blocked, but the only a fraction of this will be exported. the alternative roseville rail, the road, but the longer this war continues the bigger to risk over global food crisis. the doctor wants to save the crops much needed elsewhere in the world. but his capacity is limited was but it's a sunflower. seeds are stored here in the silo. they're almost fooling around 95 percent. so he says only 10 percent of what's in the silo. now we'll make it out of the country. as a result, the overall situation will lightly worse in this fall could additional one of them, it will become critical during the next harvest resume. everyone understands that the storage capacity will not be, you know, and that's it. well,

will call me if so column kilometer collapse will start in september and october, but we will not have any space as to what hot there was right. a grim alt look. but the spy that farmers like blots say, they have no choice other than seating the fields, hoping that the war will end soon. and ukraine can continue to feed the world. that's all for this edition of d doing business life from here in berlin for more do checkouts d to we dot com slash business on the data when use youtube channel. we're also on facebook as well as data we dot business until next time. take a russian close ally, serbia. the bell can state refuses to sanction russia. the majority of people their support, hooton's war and don't trust the west. serbia wants to join the you.

but he's getting closer to russia during war. time. goes on d. w. the 77 percent. how to be young and successful? doing me and it is what it is. his african stoner isn't. i'm pressing the world. i believe. lank. wow. this is amazing. and i just go. so people tried influenza toward teaching cliches and took up the challenge i was given to me to be the 1st i listen to the 7 percent team, 60 minutes blue blue with we're all the good to go beyond the obvious well

as we take on the world 8 hours, i do all this weird all about the stories that matter to you. whatever it takes. 5 policemen follow up with you. we are, your is actually on fire. made for mines. ah ah, several 1000 people gathered on this evening in april and central belgrade to sing the russian national anthem.