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tv   Business - News  Deutsche Welle  May 26, 2022 5:15am-5:31am CEST

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before we go, let's get a reminder of the top story we're following for you at this hour. president joe biden, his leading calls for scripture of gun control in the united states a day off for it's a deadliest school shooting in a decade. a teenage to gun man killed 19 children and tear teachers at an elementary school in texas. later shot dead, the attacker continues update our stay tuned for the business headlines with my colleague of prob watts, have coming up next week, soccer. joining us with her. i'm just kinda, i think that's hard and in the end is a me, you are not a lot of to you anymore. we will send you back her. are you familiar with this with
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the smudges reliance of the what's your story. ready ready i mean, wasn't i was women, especially victims of violence in labs and take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information ah, the highest price is it since the global financial crisis. u. s. natural gas is getting ever more expensive as europe sees american airline g as key to replacing russian imports and hitting russia with its exports. the ukranian far ministry
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calls on the west to kill trade with russia to help bring the war to an end. this is due to we business on robots in berlin. welcome to the program. and we began in the united states 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 l and g liquefied natural gas. europe in particular, has increased its orders as it scramble is 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, which in turn is driven of gas prices. further ls get more or less from our financial correspondent in new york. he ends quarter in sandwich. concern is there about this rising gas prices in the united states? the mon no. well, i mean, especially here in new york medic,
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tricity builds for instance, 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 actually will feel those higher prices. and what could you do against that? i mean, on the other side, you could use a cold 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 is, i mean, there's no sign that any of these factors are going to change in the immediate future. yeah, well, i mean rob prices so miss, you know, always a matter of supply and demand. and if you look at the demand site,
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a lot has changed in the past couple of years when 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 u. s. liquefied natural gas 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 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 divorce, he said the world should stop buying russian goods and services with every dollar
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the and euro. the russian 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 que, labor had to say 3 months of fighting. my message is very simple, kill russian exports as accept some critical, critical items that the west needs. but we need the broad strategy aimed not at blocking list all of this, but the, the goal do the strategic purpose should be kill russian experts, stop buying from russia, stop allowing them to make money, which they then invest in the war machine, the destroys, kills, rapes and tortures people in ukraine to mature labor. well, let's get some reaction to that idea, isolating russia in the hope of ending the war. we can hear from hedge fund manager, prominent kremlin critic bill brown, who is also in devil. he's been speaking to
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d. w. 's been physician bill is total economic isolation of let me pull the only way now. really stopping is warranty? correct? yes. now that has crossed the rubicon now that he's gone as ukraine. he has no, he has no capacity to back down. he. he views compromise, as we use negotiation as weakness, and i've been in a conflict with him for 10 years over the murder of sergei magnets game. and i've never seen him in one instance back down in one way. he only has a forward 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
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a year from now, 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 question is, will the unity maintain ukraine feeds the world? it's europe, breadbasket. i mean, surely stopping the war would solve this, this looming food crisis. there is a question and it's not just the europe anymore. we also have india, bangladesh, egypt, many countries in africa that are all completely dependence on food. and there will be countries, there probably be more deaths in, 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, united states, canada, australia, and japan. and i think it if there's an american expression,
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it's like the turkey is. ready for thanksgiving, everybody should be on the side. 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, it's going to be a poor country, and it's going to be radicalized 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 could become a member,
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be you could 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 about your situation considering putin's reach abroad, especially the u. k. as we've seen in the boss, that's not just the u. k, there's a big come after me here in switzerland i 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 swiss counterparts 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 like all desperate situation, all bets are off, you know, no restraint,
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do 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, one of russia's most wanted men, thank you very much if you staying in davos and activists. so 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, said 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
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remain hungry, someone who has been making houses for us to remain homeless. so there's something for number to little. and maybe that is that he's in the me qualities, going. some are losing patience with those and 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 gasoline solution because the guy sold solution are much faster. is the respond that the problems in a while probable day still talking about the planning, we're to get it done. some of the most dedicated social innovators are being recognized for their work by the swiss shaw foundation. and they plan to bring up issues that often get little attention. we believe, i think one of the big challenges that we face of the global community is a challenge 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,
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the well being that they want for themselves and their families. they discuss 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 say 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,
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uses machine learning and palm recognition to provide customers with recommendations and fast checkouts. last year i was actually edged wal mart out of the top spot for the largest clothing retailer in the united states. and that's all for me in the business team here in berlin from all from his head to our website, tito, it com slash business goodbye ah . into the conflict zone with sebastian little is known about the inner workings of the kremlin, especially with vladimir putin in power of my guest this week for the premier, somebody called customer what on the phone. and he knows what happened behind the
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closed door with the russian government, a comp with on d. w. bad batter, fat money. the food industry in staggering sums of money from junk food. and obesity is becoming a global health problem. enough. a activists in the us, in latin america, they're using a variety of different campaigns. that big corporations find completely unpalatable . ramped in 45 minutes long d w. so ah, she beat it out. unfortunately, she talked in a south
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a mother is going to spend the rest of her life behind bars for murdering for 3 daughters. if you could call me back, i ah, i see the sign was part of the psychosis is an awful illness. postpartum is a nasty mothers nightmare starts june 4th on d. w little is known about the inner workings of the kremlin, especially with vladimir putin in power of my guest this week, former prime minister because cassiano worked under putin in the early 2 thousands . and he knows what happens behind the closed doors of the russian government. he says he feared for his own life after.

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