tv Business - News Deutsche Welle May 27, 2022 12:15pm-12:31pm CEST
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before we go, he's a reminder at the top story we're following for you. the south. russian forces have advanced further in their offensive in the eastern v. credit keep says its troops are under attack from 3 sides and could be in. so president zalinski is calling for more action from western alex and that is all the news for now. coming next, chris kaba, is in with business news and a look at the economic impact of the devastation and ukraine's industrial hot land . don't forget, get albany around the clock, and d, w dot com and in the act a handle, you need social 0 at d, w use. i'm anthony, how the buildings i with welcome to the dark side where intelligence agencies are pulling the strings. there was a before 911 and an after 911. he says after $911.00, the clubs came off. where organized crime rules
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were conglomerates make their own laws? what's true, what's vague? it doesn't matter. the only criteria is worked. we'll hook people up. we shed light on the opaque world who's behind, who benefits and why are they a threat to us all o pink worlds start to june, 2nd on d w b. ah, they once thriving city, assaulted bombed and turned into a wasteland of a week's the ukrainian city of mario pole. the scene, destruction and despair will take a closer look at the fate of the long time and battled as
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a steel plant. also coming, you can technology from space help, fight famine on earth, will take a look at what answer scientists have come up with and will show you how diamond traders and ad words are planning to deal with the fall out of western sanctions against russia. amid the war in ukraine, on chris kolber on berlin. welcome to the program. mario pole in the southeast of ukraine was once a thriving industrial city port with a population of 440000 people. many of them worked for companies producing iron, steel, grain and machines, which were then exported from the cities harbor at the sea of oz of to countries all around the world. but now maria pole resembles a wasteland. the russian army has turned the city into a site of destruction and death. the former mayor says at least 10000 people have died. many more have fled. one of them is julia kerry, i nova,
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she is the ceo of smart holding a company owning steel mills and mario paul, which are now out of operation because they've been destroyed d w, as emily sherwin met up with her at the rolled economic forum in davos i was kind of paralyzed there, few days after the war started and then i did 2, thanks the 1st swan, i just accepted what happened and said, okay, i have nothing at all. i have no home. i have nothing, no work for example. i am out of my jaw, and then ah, i realized they have myself. and that's what really a made me start over a start again and come over of every scene. so and then we try to do whatever, but we can for all employees and to give them job and to pay them salaries.
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speaking of the destruction that the war has caused 2 of your r steel plants in my to you, but we're actually disc destroyed by russian cell shelling, including the as of stall steel plant, which, you know, has been in the headlines. um so much how do you deal with the emotional shock of that kind of thing and how do you get over it from a business perspective as well? oh oh, it can not kind of deal with it in any way which is ah, we just have to leave ah, to, to help as much as we can. ah, and to, ah, make people feel ah, that sir. and we take care of them and
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i don't know, you see that their point is that none of the businesses was prepared. we were preparing ourselves, but it was not like what we expected the scale of this invasion, the cruelty and everything. so you cannot just 100000 people move somewhere. when the steel mills are there, you can naught and to stop operations on time is a very general mental issue. you know, and also the operate, the, some production process needs certain time to be stopped. so all of these factor factors could not allow for perfect efficiency in saving lives. but sir, most to follow people are, are, are out of marable. we'll still have some missing people. and that will be with us for our the war ukraine is threatening
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to immensely increase hunger in the world as millions of tons of agricultural products sit in ukrainian ports for shipment being prevented by a rushing blockade. could space technology help fight famine on earth that as a question researchers have been trying to answer at the living planet, symposium of the european space agency, which is taking place in the german city of barnes. we can, the technical possibilities of observing our planet from space is becoming quite sophisticated. and agriculture can also benefit it's not just ukrainian farmers that can see the state of their country's wheat fields. satellite scan to. it takes 6 days for the european space agency is satellites to map every field in the world space information on our cli culture brings the transparency tour agriculture markets,
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helping them to avoid speculation in the market. the pricing of certain crop, a staples, such as wheat and mice. this is what the satellite data looks like on a computer. these are the fields east of key. if the high resolution images can show the state of vegetation and harvest. different filters help analyze the images . for example, the various stages of photosynthesis can be tracked, research institutions and private companies use this data. those features can tell us something on how good or how bad the plants are growing. what kind of plans are going on? those fields and also, and which management techniques, well not all of the agricultural management, but a lot there you go to management, are being implicated on the field. we don't evaluate the satellite information and combines it with other data from drones. for example, with it,
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an individual ears of corn can be counted. the data enables software and artificial intelligence to deliver more accurate harvest forecasts. the main interest for data like this is coming from governments and international organizations. but there are also private players that are interested in large, large agrifood industry, but also farmers themselves are interested in this kind of information. this year, ukraine's wheat harvest is expected to be just 2 thirds of its usual size. that's according to a french company which analyzes the satellite data. even though shortages cannot be avoided. this information can help to adjust them. in davos dw editor in chief manner. caspar courage mad with the european space agency, s c o use of us for her. and she asked them what the agencies data tells us about the current global food crisis. the state is, sir, actually,
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i would say alarming in some countries, especially ukraine. now ukraine of course, being known as so that's the area where most of the wheat is being produced for from any other countries. not only for russia are not only for odd for our other part of the planet. so yes, sir, there we see of course, a huge impact because many fields are not being repaired because they cannot be better because of the conflict that is ongoing. so yes, there we will miss. so our huge sure amount of harvests which will not be coming. and yes, we can. we can see that the question then of course, is how can we identify other areas are in order to compensate for that under and, and work on this. and this is something that we use for dean li, since many decades already are in africa for example. where we use our satellites to estimate the production of agricultural claudser in the country of certain copyright under this is so actually one of the oldest applications or of earth
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observation, where in order to really determine to use or for the use of the satellite for which acuity or the colonization of space seems to be gaining speed. now, what's your take on that of my day current? of course, this is something that happens globally. europe is a little bit behind this curve for because the commercialization goes much fast and us. we see it of course, through our space acts and amazon and other go either i would say which people are who are investing it, but also many investors are in silicon valley, for example, are creating a completely new environment. and that's also happening in europe. and it's something that i also would like to do, because i would like to create an environment or in your harper where a small company is start up, sir, can develop businesses or those who are new services or new constellation. so new activities they are building up and yes, commercialization is a big dog, because for me, the head of the european space agency. joseph ashby, speaking to
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d. w. editor in chief mano like hospice, garge and davosto. and herb and belgium has for centuries, been a global hub for trading diamonds, but the business has become more difficult lately. banks have frozen dollar accounts to try to come in line with new you anti money laundering rules, and there's an important band on, on cut diamonds from russia over the war in ukraine. the w's jack para reports from edward outside. the time robin burton has been in the diamond trade for over 40 years, he's one of 1600 registered diamond dealers, working in antwerp, the global hub for diamonds, but a tight knit community. these stones are almost always bought and sold in us dollars from burden has just successfully sued his bank for blocking his dollar accounts. when it's implemented, you anti money laundering rules. he says the dealers here who face similar issues are now clubbing together to take on the bags. and the main banks in belgium have
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excluded diamond dealers from deer, from the bank accounts. so we, we believe there will be a class action. and because you cannot see this otherwise than discrimination of an entire industry, lawyers say the case will be titled a group claim against one or more of belgium's financial institutions. they be seeking legal protection for their accounts. the antwerp world diamond center, which represents dealers here, says the aggressive d, risking of the banks had adverse effects from the beginning some crazy thing saying sense of people, certain he started to pay their, their employee, sir, in cash money. and if they're wanting, you don't want in business and if you want to have anti money laundering measures, then of course, these are the things you exactly want to avoid. federal fin, which represents the belgian banking sector, refuse to comment on legal cases which are yet to arise. but did tell the w in
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a statement that every bank has its own legal and compliance department, which will analyze the complaints of the clients in light of this legislation and possible litigation procedures. the european banking authority released a report saying, authority should ensure then not unfairly targeting any sectors while implementing the e u. antimony wandering directive traders here on this small street in antwerp where over $37000000000.00 worth of die amends passed through every year. says one of the only places in the world where there's genuine world peace, but this bottle with the belgium bangs is causing real friction. they say they're also under additional pressure from an employer ban on uncut diamonds from russia. over the war in ukraine, antwerp imported 30 percent of russia's diamonds, and one expert told us the global nature of the diamond industry mean sanctions are ineffective without the diamond hubs in india. and dubai, being on board, diamonds are not polished in russia. yeah. so a rough,
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rough diamond that is significantly transformed, which means polishing is not any more a russian diamond, but becomes an indian diamond. because 90 to 95 percent of all diamonds are polished in india. it's a rocky time france works. diamond sector with perhaps a major legal battle against the banks on the horizon and as such over now as is rolled as more on a website ad d w dot com slash business on chris colburn. berlin, thanks for watching everybody with is the end of the pandemic. in site, we show what it could look like. will return to normal. and we visit those who are finding it difficult. exceeds his successes
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