tv Business - News Deutsche Welle May 26, 2022 8:15am-8:31am CEST
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ration and with the trauma they experienced. and perhaps this is about to last for quite a while. now what's happening in washington of course is healthy debate, mouth, progressive democrats, propagating more change, tougher gun control, tougher restrictions. republicans on the other side, perhaps a suspect that won't have it won't touch it for them. it's all about the 2nd amendment in the constitution that every american can bear arms and has the right to arms. and this should not be touched with. you're watching d w news. i'm terry martin. thanks for being with please listen carefully. don't know how with today. ah,
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feel the magic discover the world around you. subscribe to d w documentary on youtube. ah, ah, the highest prices 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 foreign ministry calls on the west to kill trade with russia to help bring the war to an end.
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this is dw business on robots in berlin. welcome to the program. and we began in the united states where our natural gas prices have hit their highest level since 2008. they've surged more than a 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 up gas prices. further. i left him on this from a financial correspondent in new york yams quarter. the ends i was concerned is there about this rising gas prices in the united states? the mon well, i mean, especially here in new york medic to city build for instance, are up by about 15 percent in comparison to last year or
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a ready 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 use cold, for example, about for environmental reason. that is not actually in favor at this point. and by the way, cold prices are up as well. so what's going to be done about it? i mean, there's no sign that any of these factors are good to change in the immediate future. yeah, well, i mean, rob price estimates, 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 when it comes to the natural gas
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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 was the war in the ukraine sanctions against russia. so a u. s. liquified 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'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 to metro could, labor, has called on the west to completely suspend trade with russia. speaking out the world economic forum in davos, he said the world should stop buying russian goods and services with every dollar the and euro that russia makes of hose. the putin regime. he also said russia is
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trying to blackmail the international community by offering to unblock black. see, pause in return for relaxed sanctions. is what que, labor had to say? 3 months of fighting. my message is very simple, kill russian exports is except some critical, critical items that the worst needs. but when you, the broad strategy aimed not at blocking this or this, but the goal do be strategic purpose should be kill russian. experts stop buying from russia, still allowing them to make money, which they then invest in the war machine that destroys kills rapes and tortures people when you create to mature kill labor. there were, let's get some reaction to that idea of 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 d. w. he's been visiting bill is total economic isolation of let me pull the only
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way now really stopping this warrant. yes. now that has crossed the rubicon now that he's gone as ukraine. he has no capacity to back down. he. he views compromise, as weakness is 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. 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 davos for that? at the moment there is, but the real problem that we face in here in java says 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, people are going to be suffering from higher oil prices, higher gas prices,
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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. ready with unity maintain ukraine feeds the world in europe, spread pass. good. i mean, surely stopping the war would solve this, this looming food crisis. there's no question and it's not just 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 are probably 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 who is just europe, 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 exported 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 gonna be a poor country, and it's going to 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 craved anger. i don't know how you get rid of that. and ukraine future. well, ukraine's got a good future. if they can defeat russia. ukraine can become a member, be, you can become a proper member of the world community,
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a democratic country they can rebuild. for that all the, that domain 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 hooton's reach abroad, especially the u. k. as we seen in the boss, that's not just the you carry these 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 to cetera. on the other hand, the russians are now in a 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, man, 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 remain hungry. someone who has been making houses for us remain homeless. so
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there's something fundamentally dull. and maybe that is that even any qualities 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 chrysler solution because the guy sold solution are much faster. is the respond to the problems, you know? well, probably they still talking about the planning, we are to get it done. 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 to we really 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 cheve the well being that they want for themselves and their families. they discuss hunger inequality,
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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 to 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 connie, it amazons style the store, uses machine learning and palm recognition to provide customers with recommendations and fast
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a 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. berlin from all from his head to our website, tito, it com slash business. goodbye. ah, it's school 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
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the w. no d as the academy of european royalty. but to the vast majority of her britain, she is always just been her majesty. elizabeth the 2nd is celebrating us 7 decade on the throne. and we find out just what people think of her focus on europe in 60 minutes, dw, ah, with in many countries, education is still a privilege. tardy is one of the main causes, some young children walk in mind troughs. instead of going to class others can
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attend classes only after they finish working with millions of children, all over the world can't go to school. ah, we ask why? because education makes the world more just make up your own mind. d. w. made for mines. ah ah ah, ah, in times of crisis there are many people who struggle to hold on to their lives and their livelihoods. war is especially traumatic. it can open the dogmas about how things should be.
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