tv Business - News Deutsche Welle July 25, 2022 3:45pm-4:01pm CEST
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short and from wheat to he to discuss how the global economy could be affected by global warming. as the impact of climate change becomes to have a clara to see. this is data we have is this idea of what's in berlin. welcome to the program. the concern over global food inflation is far from over. we prices jumped by 3 percent at the start of the week following a russian missile attack on the ukrainian port of odessa. the bombing occurred just hours after q and moscow reached an agreement for ukrainian grain carried off would allow for some $25000000.00 tons of rain stuck in the country to be exploited by c . we prices dropped 6 percent on friday to levels not seen since before. the russian invasion for the weekend bombing provided a reality check, showing that getting shipments out of ukraine may not be as simple as once. well, let's discuss this. further with professor martin came from the center for development
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research at the university of bon. thank you so much for joining us on t to we your business. i mean, this is a reminder that ukraine is still at war, isn't it? so how it hope is there that these grain exports can resume as noble at some time in the near future? will i think back to normal. we are far away from that. the missile attacks showed that trust in president putin and the, the national agreement is shaky. and not given, but there's certainly hope that at least the 1st ships may resume export in grain. perhaps in a couple of weeks there are up last steps that need to be taken mindset to be removed. the grain has to be brought to the parts just have to be made available. international cargo companies have to be willing to send their ships for these exports. this is also an insurance question. so we are still relatively far away
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from getting back to normal. and there are so at least the, perhaps the 1st exports to start in a few weeks. meanwhile, has been some, up left, 5 months since the invasion. and since normal wheat exports were able to take place, what countries been doing to change how they get hold of their grain in the meantime. well, i mean, those countries that are particularly dependent on the exports from ukraine have obviously been looking for other sources for other exporters, but that's difficult. i mean, the market is seeing that the prices were record heights, and that means that there isn't just enough rain that could be exported to replace what's missing from ukraine. and that means some countries, shipments from a few other regions, but over suffering from the extremely high prices. and this means that hunger has been going up, especially in were a population segments of africa and asia. and we do know that under to day is
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much larger than it used to be before the start off the war. now that they've seen that, you know, that is not necessary to live. we'll just be getting your, your grain largely from, from ukraine. does that mean the countries are changing? how they are in the long term get fair grain and that actually ukrainians exports will never be what they ones? what will i see? the big could go back to what they were if russia really allow that to happen. but because global the mom is, is increasing and so we have scarcity, we have harvest chart falls to climate change, and we're living on the world's finite resources that the small planet. and that means ukraine with the land and the water that it has top conditions, cultural production will certainly be needed. and that's what we hope to get
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in key exposure in the long term then. okay, matching came, which is around to time to thank you very much for joining. yes, thank you. now while russia has been blockading black seaports ukraine and its neighbors have been seeking alternative routes for the countries, crucial food exports, grain thought at a silo. ne, eternal pill in ukraine. it should be long gone, but it's still year. the black sea is blocked amid the war with ukraine for the wheat cannot be transported. the manager of the storage facility measures the humidity frequently because grain stored for a long time molds quickly. lots of to shows who the. we still have 6000 tons of grain stored here. well, we supposed to put the league when the next harvest starts. luxury love
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there's no auto. it's gary. any amount of grain could be left on the fields. motivated only because a local farm. i try to empty his silo for the next harvest, sending a truck to neighboring poland. but the driver was on the road for 14 days, and the transportation was extremely expensive. they are a long traffic jams on both sides of the border between poland and ukraine. drivers often wait up to 7 days from boston. yep. just to few lanes for the vehicles and that's why we always have this problem. we've been here for 2 days and that's nothing but rail transportation is also challenging. grain needs to be reloaded from ukraine and wagons. to polish ones because the 2 countries trains run on different sized tracks. another problem, the polish transport stations are old and ill equipped,
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so they cannot handle the huge volumes of precious red wheat needed in africa. and the large amounts of corn, rape seed. and so scrap headed for the you the drip as we eminence stop, we are working 24 hours. none stop, most of you off e as to so push a bit. that's just not enough wagons and workers to reload even more goods from ukraine's. if she has dallas' kind, despite this, the farmers are able to transport around 1500000 tons of grain to ports in the e u every month, but his extremely expensive onto dust. and in the end, it means that ukrainian farmers of bailey, benefiting from the high prices on the global markets comp, will fit in with full storage facilities and a desperate needful grain around the world. these farmers hoping ukrainian ford on the black sea will soon be reopened. we've been moving on recent heat ways and made
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one thing clear. the world is halting up as temperatures rise research as a warning, the global economy faces major losses. if humanity fails to act on climate change. we don't slow global warming in line with the powers agreement. global g d. p will contract by 18 percent by the middle of the century, according to zurich based re insurer swiss re it's wanted economies in asia, will be hit hardest. in fact, china is at risk of losing nearly 24 percent. it's g d p. in a severe scenario, your appeal is almost 11 percent world's biggest economy, though the u. s. central is close to 10 percent. so to discuss the risks facing global economies on whether or not governments are awake to these risks, i'm joined in the see to why i did the ranch on from d w environment. thanks a lot of being with us. so when we talk about economy is being affected by climate change, what we, what we actually talking about was of impacts does it have? so what scientists have shown is up by having already burned over fossil fuels and
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heat the planet with the economy of these deny, well, there are countries, i mean from this and that ranges from everything from in a day like today where it's really hot, where you're sweating behind your desk and unable to concentrate properly. it reduces productivity through hot temperatures, but at least all sorts of more severe effects for him. some things like crop losses, which mean that countries are unable to feed the people even. i'm going to receive them, you know, kind of extra world, but also to kind of some of these more extreme wet events. so things like storms and hurricanes are becoming more intense and stronger, where they wipe out crystal communities, the story tourism industries. and it goes all the way up to the most kind of unpredictable events, which obviously in a study like this, you can't really factor in very well. but things like pandemic, which are also becoming more likely because of climate change. and we know that pandemic the lockdown that we spent the stove, it obviously had a huge effect on the economy. so do you think governments are awake to these risks
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in a doing enough to mitigate the short out 3 of them not doing what they should be doing if they would treat purely rationally from an economic perspective. i mean, i think that very clear country like the u. s. even if we think about climate change for a 2nd to just think about the number of people dying from air pollution from fossil fuels, it would make financial sense. economics have to switch clean energy purely on those grounds. learn then when you factoring the heat wave, when you factor the while i have you think about people across the rest of the world suffering a result of this pollution. it's completely not a rational choice of being made on economic growth. so at your engine from environment, thanks for staying across town and you'll be keeping across it. there's not a problem. it's going away is now july has seen reco. temperatures reached in parts of europe as a heat wave swept across the continent, though some have enjoyed the sunshine. it's brought added misery to many european farm as in italy. a prolonged drought means rice harvests are down as traditionally
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fertile lands dryer. rice, former george georgia doughty, is measuring the local water. he fears that salt water has seeped into his field as a result of the extreme drought. left high solidity shows up in the foam. we have to keep an eye on that. in the worst case scenario, we would have to shut the supply down here immediately. to do that, george, you would have to flood his rice field in the po delta. one of europe's most fertile areas. but there's been little rainfall, northern italy since november water levels in the po river are low, was the bow. wow. this worries, every one because was applies running out with a rice shortage, is becoming a problem for the entire rice production chain lote, think of of amazon da da, sienna. that is, the pol river water level has never been as low. when the rivers, water pressure falls,
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see water flows upstream and solidity rise. blue previous remedies are no longer effective. take salt water barriers, for instance. sea water has repeatedly surged over them, landing in the river, another solution artificial lakes to trap river or rainwater after rainfall. but there are still far too few of these. currently 90 percent of italy's rainwater is not captured. meanwhile, the water situation is getting worse. the region of nato has asked neighboring cell to roll to release more fresh water from its power plants in the mountains. but where is the water supposed to come from? in the open valley, that subtler reserve power plant is at a standstill. the lake is only 4 per cent full. there's nearly no rain here at all, and there's exceptionally little snow on the peaks. the glaciers have long since melted, and so there is also no melt water. when
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b o r d say if we were to continuously deliver the amount that the nate to would need or had requested all the reservoirs and sal to roll would be completely empty . within 20 days. there was been frantic bag completely aside. in northern italy, people are already talking about a water war, and the summer has only just begun now. so from the business team here in berlin, from all from us to head over to our website, d dot com slash business for on the data we news, use your channel as well. i don't facebook as data we don't until next time ticket with
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a fully moving, despite to parents, please mean possible by a decade of development. research is fem, switzerland present and new spinal implant. well, the ground breaking device to change lives to paralysis tomorrow. today, 90 minutes on d w. but you've got any issues or thoughts they were able to disable the
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ah, india, a land of contrast of ambitions of inequality. 75 years ago, mahatma gandhi peacefully led the country to independence provide you with what is remained of his vision with what's the status of human rights and social justice in what's called the world largest democracy with with is the moment unleash on mileage boss. and re imagined these teachings or elements to us.
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ah, gandhi's legacy starts august 6th on b w. ah, this is d, w. use life from by then me and my executes for democracy campaign. as the men had challenged last days, military coup rights group said they were murdered and coal for international action against the regime. also coming up traffic jams on the black sea as ships face long white.
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