tv Business - News Deutsche Welle July 25, 2022 6:45pm-7:00pm CEST
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climate change becomes heather clara to see this is data we have is this i'm of what's in berlin. welcome to the program. the concern over global food inflation is far from over. week 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 recent agreement for ukrainian grain carried off. it would allow for some $25000000.00 tons of grain stuck in the country to be exposed to 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 hoped. well, let's discuss this further with professor martin came from the center for development 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 much hope is there that these grain exports can resume as noble at some time
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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 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 they're up last 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 sold at 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
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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 x offers. but that's difficult. i mean, the market is seeing that the prices were record heights, and that means 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 much larger than it used to be before the start off the war. now that they've seen that, you know, that is not a, has a reliable just just be getting your,
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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, is increasing and so we have scarcity, we have harvest shortfall, so you to climate change and be living on the world. so with 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 long term then. okay, matching came, which is around to time to thank you very much for joining. yes,
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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 only 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 tissues who mcgrew. we still have 6000 tons of grain stored here. why are we supposed to put the wheat when the next harvest starts? rogers love. there's lot of scary. any amount of grain could be left on the fields. malicious because
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a local farmer tried 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 dumb brought on yet. yeah, they're just too 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 transfer stations are old and ill equipped. so they cannot handle the huge volumes of precious bread wheat needed in africa. and the large amounts of
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corn, rape seed. and so scrap headed for the e u. the trip as we emma nonstop, we're working 24 hours nonstop. less of you golf e is just so much other than just not enough wagons and workers to reload even more goods from ukraine's and she is jealous of crime. despite this, the farmers are able to transport around 1500000 tons of grain to ports in the u every month. but it's extremely expensive on just us. and in the end, it means that ukrainian farmers of bailey, benefiting from the high prices on the global markets called profit. yet with full storage facilities and a desperate need for grain around the world. how these farmers, a whole been ukrainian forts on the black sea will soon be reopened. we're moving on recent hate waves and made one thing clear. the world is halting up as temperatures rise, research as a warning, the global economy faces may to losses if humanity fails to act on climate change.
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we don't slow global warming in line with the powers agreement. global j. d. p will contract by 18 percent by the middle of the century, according to zurich based ranch or a 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 works 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 why i didn't or engine from d w environment. thanks a lot for 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 that by having already burglary, the fossil fuels and heat the planet with the economy of these deny, well, there are countries, i mean from this and that range from everything from in
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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 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. so 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 also becoming more likely because of climate change. and we know that demick the lot. now that we experience with it, obviously had a huge effect on the economy. so do you think governments are awake to these risks and doing enough to mitigate them to short out 3 of them not doing what they should be doing if they were to treat just purely rational from an economic perspective,
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i'm having a very clear country like the u. s. even if we think about climate change for a 2nd and just think about the number of people dying from air pollution from fossil fuels, it would make financial so make sense to switch clean energy purely on those grounds. learn then when you factor in the heat wave, when you factor the while i have you think of old people across the rest of the well suffering a result of this pollution. it's completely not a rational choice of being made on economic grounds that i didn't your engine from environment. thanks for staying across town and you'll be keeping across it. there's not a problem that's going away as 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 are down as traditionally fertile lands dryer. rice, former george o doughty is measuring the local water. he fears that salt water has seeped into
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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 and the po river are low. the bulk of this worries everyone because with supplies running out right, shortage is becoming a problem for the entire rice production chain loading in the van with the da sienna, that is the pole river water level has never been as low when the rivers, water pressure falls, sea water flows upstream and solidity rise blue previous remedies are no longer effective. take salt water barriers for instance. sea water has repeatedly surged
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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's ugly reserve power plant is at a standstill. the lake is only 4 per cent full. there is nearly no rain here at all, and there is exceptionally little snow and the peaks. the glaciers have long since melted, and so there is also no melt water. when 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 sell to roll would be completely empty
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within 20 days. to order been and forensic dog completely assigned in northern italy. people are already talking about a water war and the summer has only just begun one now, so from the business team here in berlin from, from us to head over to our website, d dot com slash business were on the d to we news you channel as well, and on facebook as data we don't business until next time ticket ah, with
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w. a. j. a journey across the entire continent with a variety of cars. so what and this. so all the focus, the movers shake is visionaries and majors when binding the meaning of modern africa is actually august the 5th and d w. imagine how many portions of love us are now in the world right now. the climate change, the very story. this is my place, the way from just one week. how much work can really get we still have time to go. i'm doing all with subscriber all morning
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with this is dw news life from then. mia? my executes for democracy campaign is the men had challenged last year's military group rights group said they were murdered and called fort international action against the regime french concerns about european energy security, russia, carts, gas deliveries.
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