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tv   Business - News  Deutsche Welle  July 25, 2022 4:45pm-5:01pm CEST

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on the shore and from wheat to he to discuss how the global economy could be effected 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 kia and moscow reached an agreement for a ukrainian grain carried off. it would allow for some $25000000.00 tons of rain stuck in the country to be exploited by sea. 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 d. w. 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 actually back to normal. we are far away from that. the missile attacks showed that trust in president putin and in the national agreement it's shaky and not given. but there's certainly hope that at least the birth ships may resume exporting grain perhaps and a couple of weeks. there are couple of steps that need to be taken. mindset to be removed, the grain has to be brought to the parts. ships 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 from getting back to normal and there are so at
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least the, perhaps the 1st exports to start in a few weeks. meanwhile, has been somewhat less 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 our direct offers. 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 the hunger has been going up, especially in were a population segments of africa and asia. and we do know that hunger today is
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much larger than it used to be before the start of the war. now that they've seen that, you know, that is not necessary to reliable just just be getting your, your grain largely from, from ukraine. does that mean that countries are changing, how they, in the long term get their grain and that actually ukrainians exports will never be what they once? 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 increasing and so we have scarcity, we have harvest shortfall. so you to climate change and be 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. ready cultural production will certainly be needed and that's what we hope to get in key exposure in the
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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 file own the eternal pill in ukraine. it should be long gone, but it's still here. 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 glue. we still have 6000 tons of grain stored here. why are we supposed to put the week when the next harvest starts? rogers love there's no all. it's gary. any
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amount of grain could be left on the fields. malicious only because a local farmer 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 yee again 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 ukrainian wagons to polish ones because the 2 countries trains run on different sized tracks. another problem, the polish transfer stations out old and ill equipped. so they cannot handle the
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huge volumes of precious bread wheat needed in africa, and the large amounts of corn, rape seed. and so scrap headed for the e. u. leslie emma non stop were working 24 hours non stop equals yes to so much other than just not enough wagons and workers to reload even more goods from ukraine's and she has dallas' plain. despite this, the farmers are able to trans ward around 1500000 tons of green to ports in the u every month. but it's extremely expensive on to dust. and in the end, it means that ukrainian farmers of bailey, benefiting from the high prices on the global markets comb with full storage facilities and a desperate need for grain around the world. these farmers, a whole been ukrainian ports on the black sea will soon be reopened. moving on recent heat waves and made one thing clear,
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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 paris 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 warrant that economies in asia will be hit hardest. in fact, china is at risk of losing nearly 24 percent of its g d p. in a severe scenario, europe could lose almost 11 percent words biggest economy though the u. s. central is close to 10 percent. so to discuss the risks facing global economies, i'm whether or not governments are awake to these risks i'm joined in the state of i as in their engine from d to environment. thanks a lot for being with us. so when we talk about economy is being effective by climate change, what we, what we actually talking about was of impacts does it have? so what scientists have shown is that by having already burned over fossil fuels
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and he to the planet with her, the economies of this of 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 by and your desk and unable to construct properly. it reduces productivity through hot temperatures, but at least all sorts of more severe effects. for instance, things like crop losses, which mean the countries are unable to feed the people even. i'm going to see both of them, you know, kind of ex, across the world. but also to kind of some of these more extreme wet events or things like storms and hurricanes are becoming more intense and stronger when they wipe out coastal communities destroy tourism industries. and it goes all the way up to the most kind of unpredictable events, which obviously in a study like this, you already factor in very well. but things like pandemic which are also becoming more likely because of climate change. and we know that upon them, a lot of that we experience with it. obviously had a huge effect on the economy. so do you think governments are awake to these risks
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and they're doing enough to mitigate the short answer if they're not doing what they should be doing? if they were treated purely roughly from an economic perspective, i'm having a 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 economics to clean energy purely on those grounds. learn then when you factor in the heat wave, when you factor the wildfire, you think of old 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 grounds. ok, i didn't your engine from environment. thanks for staying across town and you'll be keeping across it. there's not a problem is going away, is that 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 is brought added misery to many european farm as in italy, a prolonged drought means rice harvests down as traditionally fertile lands, dryer,
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thrice farmer george george as doughty is measuring the local water. he fears that salt water has seeped into his field as a result of the extreme drought left he hi salinity shows up in the phone. we have to keep an eye on that. and the worst case scenario, we would have to shut the supply down here immediately to do that, georgia 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 bulk of why this worries everyone because with supplies running out with a rise shortage is becoming a problem for the entire rice production chain lote, think of of them up at the da sienna, that is the pol river water level has never been as low with the rivers, water pressure falls. see water flows upstream and solidity rise. blue previous
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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 cells 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 and the peaks. the glaciers have long since melted, and so there is also no melt water. when
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b o d say if we were to continuously deliver the amount that the ne to would need or had requested all the reservoirs and sal to roll would be completely empty within 20 days. if there already been an frantic dog. poop lately assigned in northern italy. people are already talking about a water war. and the summer has only just begun, like one or 2. now, so from the business team here in berlin, from all from us to head over to our website, d dot com slash business were on the d to we news youtube channel as well. i dont facebook as data we dont business till next time ticket with
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with doing slowly moving despite to paraplegic mean possible by a decade of development. pre so to spend switzerland present and new spinal implant will the ground breaking device to change lives after paralysis? to morrow to doing in 30 minutes on d. w. o. o x can inspire big changes, meet the people making it possible on go africa ah,
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joined them as they set out to save the environment, learned from one another and worked together for a better future. ah, maybe talk to you all for tuning it africa on d, w. o live and on demand. content in language courses with video and audio. any time, anywhere. the d w media center. sometimes a seed is all you need to allow big ideas to grow. we're bringing environmental conservation to life with learning facts like global ideas. we will show you how climate change and environmental conservation is taking shape around the world
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and how we can all make a difference. knowledge grows through sharing. download it now, feel free. ah ah, this is the w use light from berlin. me in my executes for democracy campaign. it's the man had challenged last g, his military coup rights group say they were murdered and cold for an international action against the re james. also coming up traffic jams on the black sea, his ships face long waits to.

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