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tv   Business - News  Deutsche Welle  May 25, 2022 11:15pm-11:31pm CEST

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shows that the war affects everyone, including those on the red carpet at a glamorous film festival. you're watching the w news. rob once is up next with the w business news. i will see you tomorrow, with every day for us and for our planet. a global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect animals and their habitats?
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what to do with all our waste? we can make a difference by choosing reforestation over deforestation recycling over disposable smart new solutions overseen said in our ways the earth is truly unique. and we know that that uniqueness is what allows us to live and survive google ideas. the environmental series in global 3000 on d, w, and online. it fits with ah, the highest prices since the global financial crisis. u. s. natural gas is getting ever more expensive, expensive as europe season american airline g is key to replacing russian imports and hating russia in its exports. the ukranian foreign ministry calls on the west
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to kill trade with russia to help bring the war to an end. this is due to the business on robots in berlin. welcome to the program for being in the u. s. where natural gas prices have hit their highest level since 2008, they've surged more than 130 percent since the start of the year. driven partly by strong demand for american airline. g. europe in particular, is increased. it's orders is it scramble as to reduce its reliance on russian gas. early heat waves in the states this year have also increased demand for air conditioning and power generation and trip driven up gas prices. let's get more on this from our financial correspondent in new york young's quarter. the enzyme which concerns there about this rising gas prices in the united states. the mon no. well, i mean, especially here in new york medic, tricity builds for instance,
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are up by about 15 percent in comparison to last year or already and consumers feel it all over the country. and now we expect, or rather hot summer, meaning people will use their air conditioners even more and to electricity. demand will probably increase and to consumers. some actually will feel those higher prices. and what could you do against that? i mean, on the other side, you could to use a coal, for example, but for environmental reason, that is not actually in favor at this point. and by the way, cold prices are up as well. so what was going to be done about it? i mean, there's no sign that any of these factors are going to change in the immediate future. you know, well, i mean, rob price a service, you know, always a matter of supply and demand. and if you look at the demand site, a lot has changed in the past couple of years,
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but it comes to the natural gas market here in the united states a few years back. basically, you have natural gas through pipelines, only use them within the united states, but now with liquefied gas and the war in the ukraine sanctions against russia. so a us liquefied natural gas, it's in high demand, so there is the demand side. and then in the supply side, washington is trying to put pressure on the industry to come up with more natural gas. but this is something that you can't do overnight. it can take one to 2 years extra, say, until you really increase the production of natural gas substantially fast processes a young quarter in new york for us. thank you. now ukrainian foreign minister demetrius who labor has called on the west to completely suspend trade with russia . speaking out the world economic forum and devil, he said the world should stop buying russian goods and services with every dollar
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the and euro. the russia makes of hose with putin regime. he also said russia is trying to blackmail the international community by offering to unblock black. see, pause in return for relax. sanctions. is what key labor had to say. 3 months of fighting. my message is very simple, kill russian exports except some critical, critical items that the west needs. but we need a broad strategy aimed not at blocking this or this, but the goal do the strategic purpose should be kill russian experts still buying from russia. still allowing them to make money, which they then invest in the war machine that destroys kills rapes and tortures people in ukraine. to mature caliber, there were, let's get some reaction to that idea, isolating russia in the hope of ending the war. we can hear from hedge fund manager and prominent kremlin critic bill browder who's also in dallas. he's been speaking to
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d. w. he's been visiting bill is total economic isolation of let me put the only way now really of stopping is boring. yes. now that has crossed the rubicon now that he's gone to ukraine. he has no, he has no capacity to back down. he. he views compromise as weakness, negotiation as weakness. and i've been in a conflict with him for 10 years over the burger survey magnets game. and i've never seen him in one instance back down in one way. he only has a. ready for a year, no reverse gear and if that is the case and it is the case, then the only thing we can do is completely and absolutely starve him with the resources to fight this war. is there enough unity here in doubles for that? at the moment there is but the real problem that we face in here in davos is that we're going to be at this war probably for a long time. there's going to be a situation where, you know, 66 months or a year from now,
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people are going to be suffering from higher oil prices, higher gas prices, higher food prices. and they're going to be less concerned about watching these atrocities on their screen and more concerned about paying their bills. and then the best of the question is will the unity maintain ukraine feeds the world in europe, spread basket? i mean, surely stopping the war would. so this, this looming for crisis, there's a question and it's not just europe anymore. we also have india or bangladesh, egypt. many countries in africa that are all completely dependence on food, and there will be countries, there probably be more deaths in africa from starvation than there will be deaths from russian bombs in ukraine. and the real irony is, is that the whole world is not surrounding food, and it's just europe, the united states, canada, australia, and japan. and i think it if there's an american expression, it's like the turkey is voting for thanksgiving. everybody should be on the side.
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ukraine, everybody should be on the side of the sky. we should clear the waters has the black sea so that all the, all the food can be expanded. ready in the food prices, can that go back to a normal level, from your experience in russia? what sort of russia is all of this now going to create in the future? what sort of russia? well, at the moment where we're going into a north korea, russia, this is going to be a totally isolated country. this is going to be a pariah state. it's going to be a war country that's going to be a poor country. and it's going to radicalize country and i don't think you can put the genie back into the bottle. i think that there is a lot of people say if i were to die today with all the problems and, and i think that now that he's, he's start the pot and gotten everybody into this crazed anger. i don't know how you get rid of that. and ukraine future where ukraine's got a good future. if they can defeat russia. ukraine can become
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a member of the you can become a proper member of the world community, a democratic country they could rebuild for that. all that made precondition is they have to defeat russia and we have to help them in every way possible. what about your future? how are you to a you about your situation considering hooton's reach abroad, especially the u. k. as we've seen in the past, not just be okay, they just come after me here in switzerland. 2 years ago i was coming to davos. and i was warned by the british security services that they had received a warning from their swift counterparts said that there was going to be a russian attempt on my life. these people aren't messing around. on one hand, i'm in a better position than i was before because the west has now said, we're not going to do anything to cooperate with russia on legal assistance, the cetera. on the other hand, the russians are now in a situation all bets are off restraints. do
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whatever they can do, and so i would say more or less, i'm in a much more dangerous situation. who brought a hedge fund manager political activism ought to russia's most wanted me. thank you very much. if you staying in diverse and activists are calling on the events wealthy and powerful attendees to help tackle global inequality, it follows a warning from oxfam this week that the pandemic is only white and the gap between the world's richest and poorest, at least some attendees. in davos, so they determined to do something about that. while some meet in the well guarded congress center and davos others are taking the railway up the mountain to be able to talk to each other undisturbed. they are the social innovators and social justice is what they're striving for. someone who has been feeding us to remain hungry. someone who has been making houses for us to remain homeless. so
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there's something fundamentally dull. and maybe that is that even in the quality's going, some are losing patience with those in power. those meeting here in davos who we need to address hunger, not only on the micro level, not only on the, you know, the corporate level, but also the grassroots solution. because the guys little solution are much faster, is the respond to the problems, you know? well probably they still talking about the planning, we're to get them. some of the most dedicated social innovators are being recognized for their work by the swiss shrub foundation. and they plan to bring up issues that often get little attention has to, we believe. and i think one of the big challenges that we face of the global community as a talent of how do we create a just and sustainable future for everyone. a sustainability is not just about protecting our world, but it's about creating a world in which all people can live and, and she, the well being that they want for themselves and their families. they discuss
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hunger inequality, poverty as well as the possible solutions they want to make it clear to the global lead that just discussing problems is not enough. because a lot of them, not all of them. a lot of them see that they want to do well and do good. they said that they're committed to the environment and equity. this is the time to show it. they should put their money where their mouth is. this is not the year to have triple digit profits at the risk of the most vulnerable. you can do well and do good. it's a rare appeal for more social justice here at the world economic forum in davos. before we go, e commerce is going i r l, that's in real life. online retail giant amazon has opened its 1st in person clothing store near los angeles. it's calling it amazon style a store, uses machine learning and palm recognition to provide customers with
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recommendations and fast checkouts. last year i was actually edged walmart to out of the top spot, the largest clothing retailer in the united states. and us, oh for me and the business team here in berlin from all from his head to our website, tito, it com slash business goodbye. ah me an expressway, through the city of the dan cairo's, gridlock is now threatening the city's oldest cemetery. it's reckless urban planning. the cemetery is home to families can't afford
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with what will happen to its residence, global 3000. next on d, w. it's rule, and we wonder which industries are profiting from it? are we on the verge of a global upheaval? and what would that mean? let's take a closer look. with injury with 60 minutes on d. w. with she made about it. unfortunately, she talked in a south bay mother was going to spend the rest of her life behind bars for
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murdering her 3 daughters. if you call me back, i worked with i see the site that was part of psychosis is an awful illness post. fordham is a nasty mothers nightmare starts june 4th on d w. ah ah, welcome to global 3000 living among the dead and unusual and special districts in cairo could soon be demolished. the busy.

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