continues to make history at wimbledon only a few days ago, she became the 1st arab, i'm african woman to reach the semi final of the grand slam. now the tunisia is the 1st to reach a final in the open air. the world number 2 is find the living up to expectations after beating rival and to close friend. tatyana maria, 623661 so face russian born casa player, alina a. alanna, rob tina, in saturdays, fine, that's all we have for now. next up is business with my colleague daniel winter. i'm lean bluecross. thanks for watching people in trucks injured when trying to see the city center. more and more refugees are being turned away. warner families played on the taxi syrian to these correct owners. we loaded demonstrate people's lean extreme.

getting 200 people around the world, more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, ah. a shocking new report reveals the extent of poverty triggered by russia's war in ukraine. united nation saying the disruption to energy and food markets has had immediate and devastating effects on millions of households worldwide. for here from one of the authors of the report and india

places its hopes on an electric future for its car industry, a correspondence visit chennai to get more. i'm daniel winter and it's that time again, dw business, 71000000 more people are facing poverty. that's according to a new you and report out on thursday the cause rushes war in ukraine pushing up the prices of everyday essentials from grains toil. families forced to find alternatives, but even that's not always possible. amid a cost of living crisis. in this plantation in been in use, jani or donna is choosing a batch of cooking bananas at her meal. she will turn them into plain tain flour, but luckily, produce alternative to wheat flour. her little shop as almost doubled its production since the beginning of the russian invasion of ukraine. abala dead before the war in ukraine. i produce at least 80 kilos per month from one. but

now i produce up to a $150.00 kilos per month and when the market is on m. one yellow mushy. the war quickly aggravated the dire inequalities already caused by the coven, 19 pandemic, and climate change over the last couple of years. as a consequence, west africa and many other poor countries are now facing their worst food security crisis since the start of the ward food programs 0 hunger initiative in 2015 to day more than 828000000 people are undernourished worldwide. it's 150000000 more than 2021. it's a die, a reminder of how the rise and inflation and the global disruption of supply chains can drive inequalities affecting 100 of 1000000 of poor people around a world. and george gray molina co wrote that report and he joins us now. thank you very much for joining us, george. and we had some of it in that report. but can you break down for us,

the direct lines that link the war in ukraine to increase poverty around the world? yes. what we've seen over the past few months has been an incredible spiral. rise prices for food, energy, fertilizer products are some of these were happening before the war in ukraine, but we saw spike in the month of march, the month of april. ah, plateauing in the month of may for most food staples. and what we do in this studies tried to analyze the consequences of that price bio because this is happening very quickly. and we found that doug, $71000000.00 people have fallen into poverty already around the world. okay. and in the report you use this $1.90. that's the, the line for absolute poverty on for a low income countries that they can and $1.90 a day to be outside of that a bracket. and now that was set in 2015, isn't this figure now out of date,

considering the widening cost of living crisis? yes, absolutely. and in the study we use 3 poverty lines. we use the $1.90. we use a $3.20 a day and also a $5.50 a day. so we, we take a look at higher standards of living because as you've just mentioned, are the, the absolute, extreme poverty line. i is only applicable to, to a few dozen countries around the world. most countries need a higher reference point, which is closer to 320 a day and in many, 550 a day. ok, so what should governments be doing in those low income countries and that the middle and higher income countries where poverty can still exist, even in hiring come countries. of course, what should they be doing right now to stop the spread of this cost of living crisis? in the study we, we contrast the effects of $2.00 types of policy. so many governments around the world are extending energy subsidies, blanket energy subsidies to citizens in their countries. and we contrast that with

targeted cash transfers to people around the world. and we find that cash transfers are more effective and fair more equitable so that more than 50 percent of the impact of a cash transfer will affect the bottom 20 percent of that society. whereas our energy subsidies, unfortunately 40 percent go to the top 20 percent of the population. so they're quite regressive. and there is a political debate about this around the world about using cat transfers versus energy subsidy. so, so we, we land on the side of cast transfers and moving money directly to the pockets of people on the ground. okay, well, let's hope that, that works out as well because it has been tried and tested many times. and i believe it's been shown that cash transfers can provide a better way for people to choose their own future when it comes to to poverty. i'm thank you very much. george gray molina for talking to us on that report. thank you . now let's go to some other global business stories making use.

volkswagen has started construction of its 1st european factory for electric car batteries. the power co facility in the central german city of south get her aims to produce batteries for half a 1000000 cars annually by 2025 factories are also planned in sweden, spain and north america. and for the 1st time in 20 years, the u. s. dollar is nearly at parity with the euro. greenback has jumped to almost 12 percent this year against the single currency analysts credit aggressive interest rate hikes, driven by the federal reserve. and now staying in the u. s. a. u. s. jury has convicted the co founder of thoroughness, the blood testing startup, that was exposed for faking test results. sunny bell winey joins, elizabeth holmes, who was convicted on fraud charges for her leadership of the company, which was once valued at $9000000000.00.

of course it now worth nothing against quarters. tracking the story for us from new york yet tell us more about these charges under which sunny bell was found guilty. well, daniel, basically there were 10 crowns of wire fraud and 2 kinds of conspiracy to commit wire fraud. and he was found guilty on all a 12 of those charges. pretty much what it's about with so thoroughness is that the company itself firm actually said that they are going to revolutionize blood testing. but obviously that has not been the case. it was the huge scheme, and they defrauded about a $1000000000.00 from an investor and also from some a patient center. so now we have for this, so 12 accounts, a sentence for above awning. so now that elizabeth holmes has had, and her sentence sunny budwani as well. the 2 co founders, the 2 key people. does this now finally draw

a line under the foreigner scandal. well, daniel, i fear not. i mean, this seems to be a never ending story. i mean, basically the whole case started in 2018. now we are waiting actually for the tenant thing. elizabeth holmes, that's probably going to happen sometime in september. then we are waiting for the tenant thing of vonny. that's probably going to happen sometime in november and then it is not unlikely that we might even see an appeal what it comes down to. there was a saying on silicon valley and also the start up, the fake it until you make it. then obviously if you look at there and both hold and bob on it took it definitely too far. so let's see. but i guess this is not the last word that we will hear from this. okay. yeah, says him. so been important interrogation of startup culture as well that silicon valley culture there. yes quarter. thank you very much for bringing the european

union agreed last week to end the sale of traditional combustion engine vehicles by 2035. now that's a timeline that's also shared by india, e v production is picking up there and so is interest. r reporters went to the indian city of china to find out more chin. i is called india's detroit. i'm a good reason. it's where many of the countries engineers learned their trade, and where most of india's autos are built. 25 year old swan a leather ready works as a systems engineer for one of the country's biggest car makers. it's great news for her family. this means a lot, bye my family. i'm very happy. like as a daughter, like i just don't feel normally not, not only son has to feed their bands and we also can someone else on the region is booming as an automotive industry. location and it's future is

electric. starting at 2035, india will only allow emission 3 vehicles. automakers are gearing up. ready works for india's largest automobile manufacturer. my hindrance is already a pioneer in india in electric $2.00 and $3.00 wheelers. it also has its own electric cars, and more models are to follow. he switched up mucous, much up. the cost of diesel is very, very high. and the reason the of these and is it is closing all 100 rupees vanita. and that's that i have not seen in my life time. so it is pushing the electron mobility in the toilet. and busty on the 3 will industry very, very fast. it is happening now elderly. the toilet industry is growing at a dead rapid base. i, i believe we're 40 percent 30 to 40 percent. if we can expect to buy another 2 to 3 years. german manufacturers like the m,

but you are also producing in chennai. there building 12 different car models, including 3 electric vehicles. v w is partnering on e car technology with my hinder, which will make it the largest customer for v w e technology worldwide. weren't allowed to ready spotted the trend early on and specialized in electro mobility. that's been a boost for her family and it's also when for chin i, the region is expanding rapidly as a manufacturing location. and it's a magnet for young engineers. and early a, d. w. sharon carter k and delhi told us more about this booming market. the market is big and india is going all out and big on ease. in fact, according to an estimate is expected this fiscal anywhere between 800002900000 electric vehicles will be sold across the country. that's a big jump as compared to what the situation was in until about just 3 to 4 years

ago of it, the cars are affordable as well. there's a subsidy. the central government offered a subsidy and has several plans and several state governments also offer their own subsidies. in fact, just yesterday there was an announcement at the g s t on leave here. mind batteries has been reduced from 18 percent to 5 percent. so the policies keep getting tweaked to give more and more in peters to the sector in india. time for us to pack up when done and job to date, where the d w business. thank you very much for watching. conflict zone with a rash banner g. russia claims it has captured the new hans region in ukraine's east is ukraine. losing this wall guard rocha is a former us ambassador to later. and he believes the worse should be doing more to

support ukraine. but could crouch in the western alliance deal a long term support for ukraine conflict zone. next, on d, w, you've been to the point in strong opinions, clear positions, international perspectives. banjo has responded to russia's war for gresham against ukraine, with a new strategy, and one of the most sweeping reforms in its entire history. on to the point today, natal versus putin going toe to toe, would be aggressive to the point. being 60 minutes on d w ah, hello guys,

this is the 77 percent. the platform for africa. you to be beat issues and share ideas you know, or this channel. we are not afraid to happen. delicate the topic because population is growing fast. and young people clearly have the solution, the future loan you the 77 percent. every 10 on d, w. russia claims it has captured the loo hunt region in ukraine's east. it is also stepping up attacks against civilian centers like residential buildings and shopping malls, ukraine's civilian casualties and troop losses are mounting as well. is ukraine losing this war.