and soaring in pakistan as the government has slashed subsidies, will that be enough to unlock much needed financial aid from the international monetary fund? will have expert analysis and spaniards have long struggle to find work. a new labor reform could change that will take you to madrid, to find out. i'm chris kolber. welcome to the program. the united nations has begged world trade ministers not to impose export restrictions on food for humanitarian purposes. the plea comes as the rushes invasion of ukraine as a heightened concerns for global food security, ukraine's black see ports of block preventing the country from exporting his produce. and those farmers that are not busy fighting phase extra difficulty in bringing in the harvest. i should whitaker northumberland, but eleanor philosopher, we have collected these in the fields and marched. when we went out there, our track, the drivers wouldn't warrant,

they said we will not go to the fields until you collect the mines and the bombs and the other things. and so we had to collect them in the field, we keep them mess mementos, the story, adler, them was it more loading me une shook has an unusual problem with this. he has harvest and it's not that is grain didn't grow. it did his field stretch over 2000 hectares and the greatness tall and strong. but fields are littered with russian mines and shelling by enemy troops can happen any moment. it's not safe to harvest, however great. so only shook warehouse lays empty, even though the world needs his product. last year, ukraine exported 86000000 tons of grain this year. it will be half that and likely another pound will come from this farm. but even if on the shook were able to bring in the crops, it wouldn't help much some of which had given this since the beginning of the war,

the grain traders declared force monsieur, and they haven't paid for the grain until now. we delivered the grain to the traders room and they just didn't pay for it. no. the blockade of ports is an issue to say that i'm all, we need to transit port grain from ukraine and to 70 percent of out rain export. it was for the sea ports in the past 30 years. many ports were built and reconstruct that in the country south for this purpose. but unfortunately, all of them up located now and many vessels remain located and they cannot move until dawn are you. but us national local life is one of the major ports for grain exports. but recent shelling by the russians has forced to shut down, like many others on the black sea coast. miss ingrained from ukraine has caused world market prices to rise and searching commodity prices are causing problems in other places around the world as well. in pakistan, for example,

high fuel prices and the rising cost of staples like rice are pushing the country toward a deep economic and political crisis. it's been driven by inflation rates which have almost doubled in the past year. jumping from 8.2 percent to almost 14 percent in 2022 and forecast. say that by the end of the year, pakistan's debt could balloon to over $200230000000000.00. countries now re addressing its 2900 bailout package in talks with the international monetary fund. according to the agreement, pakistan was to receive $6000000000.00 and aid, but only half of the funds were released so far. that's because the former government, under emerson can introduced fuel subsidies against the i m. s. wishes. now the government hopes to secure the release of the rest of the funds plus an additional $2000000000.00 in new aid. earlier i spoke to journalist bill on them on the head

of digital content business records in karachi, and i asked them would slashing fuel subsidies twice as the government has done in recent days? twice in a week? would that be enough to be eligible to receive outstanding aid from the i m f? i wish i could say yes, i don't think this would be enough. it's very likely that they will increase your wife once more. right now there's a little tiny portion of that and you still left and we believe that there will be one more price increase in the offing for. and i remember satisfied, slashing of subsidies, obviously means that the price of fuel is rising. prices have increased almost 40 percent. tell us what the reaction of the people in pakistan has been to that the reaction hasn't been updated for anyone. but let me just reiterate. prices have

increased almost $25.00 option and plug it back in march. same time would be depreciated around 15 percent since then as well given that was a case that had to be increased. so the government didn't have a lot of choice, a lot of room to not boss on the back. having said that because of that has and building please in the future. well, we would expect the central bank to keep on here in the future is real. a few days ago, there was a rumor that the term increase was about to happen and people lined up outside straight away. and it's actually i had to come and that people not happen today, given that of the game. there is a panic in the market as well at home, the peer often patients we go. but given that as the gets there is

a lot to go and can do either. we expect that to be softer as we move along and we hope to improve below we're talking about a sum of about 1000000000 dollars, 900000000 dollars. the pakistan is expecting from the international monetary fund. how important is it that the country does receive this financial aid? but it's truly important. it's not just about $900000000.00. it's about the time of the lender of last resort. it's about the i m f saying yes to august on the going to mean it's about the i'm saying, okay, we believe in bogs i'm moving forward and given that would be the case, other donors and other avenues open up as well as going to enjoy other lenders, yesterday the finance interest and that contingent other in that condition and i'm

saying yes to it. so given that is to give the $900.00 made sounds like just 10 percent of our foreign exchange right now. and that opens doors to other avenue for blending and journalist b allow me mom, thank you for your insights. that is some of the other global business stories making news around the world. germany's inflation rate is running at its highest level since re unification for the 3rd month in a row that are from the statistics office, confirming that energy and food prices have risen by almost 8 percent in may alone and economist war. and there is no relief in sight in the short term, while disney won't be allowed to show its new pixar movie light year and 14 countries. the prequel to the claims toy story franchise includes a brief kiss between 2 female characters, united arab emirates, saudi arabia, egypt, and others banned the film outright. it is unclear whether or not it will be shown

in china, which is the world's biggest market. google has agreed to pay out $118000000.00 in a class action lawsuit, which alleged it underpaid female employees and assigned them through law ranking positions. google did not admit any wrongdoing and to pay nearly 4000000 dollars last year after the department of labor ruled discriminated against women and asian employers until the end of last year. quarter of all jobs and spain were temporary ones, meaning more than 4000000 people will not, in permanent employment, a new labor law, their hopes to change that but work a representative say when it comes to job market reform. there still a lot of work left to do early morning and madrid. a gardener is hard at work in this green space. there are many jobs like it and it may not seem particularly exciting to them,

but it is exciting to christine us. that'd be gone. where's me added emma? i've had contracts that only lasted a few months. and thanks to this reform law, i now have a permanent contract. it life changing and now i feel more relaxed. rather even a, them a thank sentiments like hers are gratifying to spain's unions who have been fighting the temporary contracts for years. they were recently finally able to come to an agreement with the government and employers of that those that would even be think in the figures from april, show that around half of the new contracts are permanent. this provides work stability and it finally eliminates the insecurity. the for so long characterize the spanish job market hall is by yet. christina said to be gone previously worked as a hair dresser, but she can now enjoy the security that comes with working for a company. a bill you ought to be naive and you can see that you are making

progress. oh, any good. i'm still young and the future looks brighter. suddenly i can envision a family and an apartment. it could all work out in the month. and if they beat me, employers tend to keep a low profile. but one company has spoken out situated 200 kilometers north of madrid. a large cheese factory is grappling with the changes to get i'm the other law for new law has changed the nature of the employment from the beginning. now we know the contract will last longer, so we have to plan more. we must also anticipate the person's possible employment options before everything was more short term and flexible with the proposal for my for the c lead of. but the reform hasn't changed labor practices everywhere over night. that's apparent in the health care system, dr. ot libby's ball has been working in this hospital for 10 years either under, during these 10 years, i only got temporary contracts. they were also very shaky contracts that didn't

even clearly define my area of responsibilities. and it's if them up alan minister theory. that's why medical professionals have been repeatedly protesting the past few days. they want their industry to move away from temporary contracts to latin bodily and the rate of temporary contract is incredibly high in the public sector. and more so in health care here in madrid, more than 50 percent of hospital doctors are in temporary contracts, and an emergency rooms is 80 percent and up at the end of it will take time for the full effects of the reform law to bear fruit throughout the entire labor market, but for now, christina said we gone is happy to be able to reap some of the early rewards. a metallic pink balloon monkeys sculpture by jeff codes. one of the world's most famous living artists is going on the block to raise humanitarian funds for ukraine, billionaire, ukrainian art collectors, victor and a lena pin took donated the piece christy's auction. how's expect balloon monkey to

raise up to 12000000 euros to assist soldiers and civilians in need of prosthetics, medical treatment and rehabilitation as a result of russia's war on ukraine. and that is are shown for more check out our website at the w dot com slash business or the d. w. news youtube channel. i'm chris cockburn bowlin. thanks for watching. every selfie. successful with

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ah ah, this is the, the news live from berlin. ukraine says its forces are holding out in since they don't don't that's despite russian troops destroying the main escape routes from the city authority say they're trying to evacuate wounded civilians, hundreds of ukrainian fighters.