hey, gee, 20 finance minutes is a fail to come together on a response to food shortages. energy price rises. we'll ask got correspondent, why. as europe swelter is under a record breaking heat wave will ask how technology can protect communities. while this is data, be a business i was in berlin. welcome to the program. after a 3 year long pandemic break, the aviation industry is holding its 1st major event with the return of the farm brit global ass show. but it comes against a backdrop of an aviation industry, battling staff shortages and bankruptcies across the globe, but particularly in europe, leading aviation companies will showcase the latest innovations during the 5 day event. despite reco, a temperatures forecast in the u. k. tens of thousands of visitors are expected to still attend the show taking place. southwest of london less cross to

our correspondent jack barrack, who is in farmer for his great to see you and to see the plains behind you. i was the mood like that because we all know about the well documented problems facing airlines, naps at the moment, but without exhibitors at farm bureau. yeah, that's right rogue. this is a very interesting type of air show. obviously the, the priority for the exhibitors is to show the best of the global aviation industry, but passengers around the world and especially here in europe are seeing enormous lines and cues, and troubles and cancellations at major airports like london heathrow like amsterdam, scapel and fight all across the continent to the mood here is trying to show what the best of the new and future businesses, but an understanding that they need to focus on what's, what's really important, which is keeping people moving at the moment. i think was interesting from

a very initial scan of the exhibitions here is that a lot of them and not only about the sort of traditional airline industries, your boeing's, your lot, had martins and all of these companies. but also there's a lot of different exhibitions with things that look sort of like smooth flying cars, essentially very futuristic. and i think that something the farmer is trying to look into to make sure it leads on the, on the progress of aviation industry. you mentioned lockheed martin, we can say some military jets behind you. thou say also a key bit of context. this is the war in ukraine now. is that music this altering how the exhibitors are approaching? this is barbara. yeah, definitely is as you can see. yeah. there's some, some fighter jets behind me. there's a lot of military helicopters just over there. the question is, is sort of, what does this mean, the context of the war in ukraine? we know, obviously that nato has said that ukraine's military should be swapping into

western millet, free as supplies. so that is a interoperable with nato rather than the old soviets or equipment that it traditionally uses. but ukraine's military is unlikely to be buying these sorts of aeroplanes instead they, they're using a difference across to anti antiaircraft missiles, essentially that being supplied by western allies in large parts. so the question is, what does it mean for, for this industry, because these planes will be being sold to, to the british military and the u. s. military. but there is, as you say, there's a sort of context here is an understanding that, that war in ukraine against ukraine is having an impact on every single industry. because it is a large part of why asian is struggling as well. and just very briefly, if you can normally billions of dollars or euro's worth of deals are struck during these, these asher's is looking the same. the ship yes. so that the, the real focus is on the deals. the boeing, the american airlines. that across builder is signing. now we understand that

between delta and lufthansa, around $50.00 and $50000000000.00 worth of airplanes being sold, including the 777 x behind me, which is sort of the big, enormous star of this show that everybody is a, is coming to see eric farmer forest thank you very much. moving on wheat is in high demand. the war in ukraine means that k exports of the grain on getting to the countries that need them fueling a global food crisis. solutions are urgently being sought in argentina. scientists hope that they have the answer. what girls here might transform the future of agriculture. that's if argentinian researchers have their way. a new genetically modified variety of wheat is being developed by private company bill salus of added a sunflower gene to the leap plant. their aim is to make argentinian wheat more

resistant to periods of dry weather, what game but the dentist, i did not hear this technology is expected to increase productivity by up to 50 percent in areas with low rainfall. and that's what our data shows all at the d that it, but it should be done soon as we alta i found what indian gwin double sheehan for the moment the new genetic weak known as h. b 4 will be planted on $250.00 farms. argentina's goal is to get import approval to distribute wheat to as many countries as possible. i get sad to say a latinos yet, but we must use lions to issue a global food security. you are more than 800000000 people on earth who do not have enough to eat. and 2 and a half 1000000000 people are malnourished. the delancy, other argentina's farmers face climate extremes like droughts and fires are also more common. organic farmers blame these conditions on the practice of mono culture . they are also against planting genetically modified wheat. i'm looking at any of

that in one online is the hood and hansen, agricultural model that has become wide spread in argentina over the past 30 years . it's been that the mano cultures have very negative effects on the health of local residents. i don't if they cause rural accidents and produce less healthy food, and he need as young any medical center. but manufacturers reject accusations against genetically money. belated technology aren't any. got genetic modifications didn't cause any disadvantage. we humans, animals or the environment even if people think differently, always insist on it. then why, why shindig, daniel did a former, they've been sad. the dispute over modified wheat may have only just begun. now the global food shortage was high on the agenda of a meeting of g 20 finance ministers, which was dominated by the knock on effects of the war in ukraine. growing concerns over global hunger and an energy crisis, fueled by russia's invasion,

was central to the talks over 2 days on the indonesian island of bali. some finance ministers from the group of 20 major economies blamed russia's military action for sending a shock wave through the global economy. but there was no unanimity on the issue leading to talks ending without a joint communique. reporter nadine fry slot joins us from the indonesian capital to cotton, was following events over the weekend. just talk us through the areas that are a particular concern for the g. 20 finance ministers on the overarching theme for the entire meeting was of course, of course recovery. and that was an agenda that being set long ago. and you know, additional points for monetary post to deal with inflation commitments to trade and global taxation, and also digital payment systems for big on the agenda. but of course, you know,

things got distracted and quite overshadowed by the war in ukraine and which caused a lot of additional economics class sectors is talk a lot about the food shortages. but one thing that came up as also, you know, other shortages like vital farming ingredients, like fertilizers. so i had these problems, i just compounding and it's unfortunate that you know, in most cases there couldn't really many agreements. yes. so there was no joint statement, no communicate at the end of this, which is normally what, what does happen. so where are g 20 finance minutes is not seeing eye to eye. so that's right. there was no joint communicate which is usually the document that's come from such a forum, but what they did produce of this particular meeting was a so called chair summary. so there were 16 points, communicated that kind of discussed the themes and the sticking points and where the majority of members agreed and where they disagreed. and you know,

to your question on a disagreement. the topic of sanctions is one where there's obvious disagreements where some countries believe that the sanctions currently employed against russia. for example, our worsening the economic outlook instead of leading to any you know, political pressure and that's actually helpful. that's what he was specific. yeah. the respond yes. if you want to know a specific example here, for example, the united states have called or prize capital russian oil. and that particular agenda point didn't even make it to the meeting. so the finance minister at the press conference cost about this, but she did say that this was a topic that was even on the forms agenda. yeah. okay. when it is priced, log into cost for us. thanks. so brings an update let's

look at some of the other global business stories making the news. china's banking regulator is urging lenders to provide more credit to real estate developers and the, the growing mortgage boy cost many high buys withholding mortgage payments on finished buildings. chinese authorities are trying to ensure developers have access to cash to complete ongoing construction in a bit to stop the country's real estate crisis. from worsening e foreign ministers are doubling down on that commitment to sanctions on russia for its invasion of ukraine. gathering to discuss a new package with economic sanctions, which could include banning russian gold exports to the block. and stepping up enforcement of existing punitive measures. one french lawmaker described it as hell. europe is sweltering under an extreme heat wave that is breaking records in some countries along with the high temperatures comes the growing threat of wildfires. that's why cutting edge technology is being deployed to rent loss of

life and millions of yours of damage. as parts of your bern, the world's 1st smart forest. the trees in the sardinian woods are outfitted with special sensors. they're designed to detect the beginning of forest fires. and the biggest things happening in climate change at the moment is forest fires across the world. and ultimately, the solution which we're deploying will prevent forest fires from happening in the future. this smart technology provides a critical advantage over current fire detection system is really simple to and you can use satellite imagery so that can take up to a month for the satellite images to come back. or you can use cameras within a sort of forest area. so that can take hours before you notice the smoking fire. the detection is done here at a smouldering stage so much earlier on, and you can detect fi within minutes rather than with in hours those days. this region in southern italy suffered a series of catastrophic wildfires. last year,

the centers could prevent that from ever happening again. they talked to one another and to a cloud based alert center at the edge of the forest. despite being a vodafone product, they don't need cellular coverage. they run on solar energy and there's plenty of it here on the sunny italian island of sar dania. that's so from main visit team here in berlin from all from us. she can head over to our website, either dot com slash business, and we're on the data. we'd use youtube channel as well. you can also bundle them facebook if you'd like to do that with your doctor viscous too. next time you pick out, ah ah! [000:00:00;00]

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hm. with this is d, w here is live from burning wild fires burned across the mediterranean, fueled by records, drought, and high temperatures, hundreds diet, the extreme heat,