straw, thank. everything's a disaster. we could hi laquita. she has voted in the hope that you nicea has a future time to remind you about top story at this hour me and mas miller. she johnson has executed full pro democracy activists accused of terrorist act activities. after challenging latitudes, military could international observers have condemned the killings. well, well news at the top of the out. now demo. how's your business update in just a moment? have a good degrees . tina a saxophone operator, who wrote her master's thesis on the potato. raring to read a turn on. well, it gets more would that there was from there. he did you literature list. good

german longstreet with about us issue when i arrived here, i slept with a sick of people in a room and it was hard. i wish fear i even got white hair. and fleming, the german language, hit me. i love this kid to me and plato, but to nicky, to in track to say you want to know their story info my grants verifying and reliable information for my grants. ah, russian bombs provide a reality check to grain markets following elation over a deal to finally resume wheat shipments from ukrainian ports. rushes, the attack on a death has led to deflating, hopes of securing global food supply,

and we take it to the philippines, where president ferdinand marcus junior, has delivered his 1st aid of the nation address where the weighty promises for the economy. what can he deliver? this is the w business. i'm janelle dumas on in berlin. welcome. fear is over, food inflation are far from over. global weight prices jumped a by 3 percent at the start of the week following a russian missile attack on the ukrainian port of odessa. it came just hours after achieve and moscow reached an agreement where the united nations and turkey to allow for some $25000000.00 tons of grain stock in ukraine to be exported. we prices dropped 6 percent on friday to levels not seen since the russian invasion, but the weekends bombing showed getting shipment out of ukraine remains complicated, causing the spike in wheat prices. monday. while russia has been blockading

black sea parts ukraine and its neighbors have been seeking alternative routes for the countries, crucial food exports, grain stuck at a fellow near eternal pill in ukraine. it should be long gone, but it's still year. the black sea is blocked amid the war with ukraine, so 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. his her school. well, we supposed to put the wheel when the next harvest starts. luxury la la, it's gary. any amount of grain could be left on the fields. more delicious. only

because 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 from boston. yeah. 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 transport 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

corn, rape seed. and so scrap headed for the you the drip as we eminence stop, we are working 24 hours nonstop. so vehicles e as to so, but other than just not enough wagons and workers to reload even more goods from ukraine's ab, she has dallas' crime. despite this, the farmers are able to transport around 1500000 tons of grain to ports in the e. u. every month but is extremely expensive on to dust and in the end it means that ukrainian farmers, a bailey, benefiting from the high prices on the global markets called profit. yet with full storage facilities and a desperate needful grain around the world. harley's farmer o been ukrainian ports on the black sea will soon be reopened, horribly, perkins in all duel. meanwhile, on wall street, investors are gearing up for what the business press is calling a make or break week. our correspondent yann's quarter is at the new york stock

exchange. kenzie is a really a maker break week general in general. i would say a yes. so much at stake him in the next couple of days. i mean on wednesday we have the next meeting. there's no doubt that we will see an interest rate increase. the question is by how much by $5075.00 for maybe even a 100 basis points that by the way, it could also have an impact on the dollar that has been super strong. so far this year then on thursday we will get the latest 3 the the 1st reading on g d p numbers . and just remember in the 1st quarter g, d, p drop by 1.6 percent. so if the number for the 2nd quarter should also be negative and that could happen then. technically, we would be already in a recession here in the united states, and then also earnings earning earnings about $175.00 companies out of the s and p 5. hundreds will come up with the earnings report this week. so a lot going on in general, definitely. but especially tech stock seem to be in for

a ride. what are you expecting in well, i mean, so far i would say the theme of the earning season is not as bad as fear 10. so we are not necessarily expecting super strong numbers, but it might be good enough if they're not as bad to expect that we already did hear from some big tech names even before the earnings report from a facebook, for example, from an apple, from some other from microsoft and that there might be some hiring freeze companies might be forced to cut costs. so that could be a theme specially when it comes to the big tech names this week. we also heard and that the strong dollar might be having an impact on the earning. so we will have microsoft to we will have a google, we will have the facebook, we will have apple m as in all of those out with earnings. and then on top of it, also some household names, mcdonalds, coca cola, general motors,

the big oil giant on friday. so when it comes to earnings, especially tech companies, there's a lot of thank you. yes. carter there in new york for us and here are some other business news. gas prom says it will further but deliveries of natural gas threats. nord stream, one pipeline. the russian state own company will lower the flow to germany to 20 percent of capacity this week. it says this is due to repairs. germany says there is no tactical reason for the cut morale among german businesses has fallen as rising prices for goods and fuel damping growth prospects. according to a survey by the german e fo institute think tank published on monday. the fo, business climate index felt its lowest point in 2 years as companies anticipate in economic recession to the philippines. now, where the president, ferdinand marcus junior,

delivered his 1st state of the nation address. marcus outlined his administration's economic goals, including having between 68 percent g d p growth in the next 5 years and slashing the country's poverty rate. the country is a buckling under soaring fuel and commodity prices and a continued struggle to recover from the coven. 19 pandemic. i'm joined now by a journalist anna santos. she covers of the philippines and follow that speech for us. on a mark says 1st state of the nation address, open on the economy. what did you make of his speech? chanel? it was all about the economy. and after months of motherhood statements from his campaign about unity and bringing the nation together. finally, we saw what was like a checklist on the things that he was going to do to revitalize the economy. there were 19 legislative priorities that he set out, but i think what really stood out to me the most was like how it was progressive in terms of its focus. there was a lot of mention about technology both as

a way to digitize the philippine economy and bring it forward and also as a contributor to the economy. the digital industries also climate change and addressing it as o, u. one of the things that affect the economy, and thirdly was how to achieve all those things by reforming tax collections and making tax reforms. interesting though, is that the mention of tax reforms is also while marcus junior is facing tax evasion, charges himself the. so let's see how that pans out. so this is not up poor and irony is it. but even ahead of the speech, he's been making big promises around the agricultural sector. has the speech now given us a clear picture of what he intends to do. there were also a lot of details about how he intended to revitalize the agriculture economy of the philippines. and he pretty much covered the whole cycle from, you know, giving farmers subsidies, debt mart, tori ohms feeds. so i pretty much saw to cover the whole farming cycle and even laid out like how far may needed to be addressed and protected against climate

change. he did set really high expectations for the reform in the agriculture sector. i guess it's also because he made himself, he appointed himself chairperson of the agriculture department. expectations are very high. he set out a checklist for what he intends to do. now we're going to see if he can actually deliver. he's also, of course, said that he wanted to bring down the price of t commodities like rice. but looking beyond the domestic situation, he didn't say this much. got much around this time with regard to ties the u. s. and china. what do you think of that? what he did say that the philippines would be friends to every one but would not give up an inch of its territory. so maybe that was a little bit of a, a jab here to our overlapping claims with china over the west to philippines. see, but i will have to say that, you know, philippines wants to be friends with everyone. but there are certain countries that have turned the cultural there on the philippines. we saw

a fall in foreign direct investment, for example, under the deterred administration. and that was, you know, related also to the, to the investor economy and the investor confidence in the philippines. which i think has suffered because of the human rights violations, extrajudicial killings, and the brutal drug war under the terror there. let's see how marcus junior can improve the globe or global reputation of the philippines under his administration, by being friends to all but not forgetting all of those human rights violations, as well under his own father's administration. while the world is certainly watching anna santos a thank you very much for your insights today. thank you janelle, for having me. and finally for years, venice has complained about over crowding during tourism season. now it's doing something about it. the italian canal city will start charging tourists sophie to visit. it will also require visitors to register before they come,

official se that's necessary, and one of the world's most popular destinations. some $20000000.00 people visit each here. it's the 1st city to charge an entrance fee which will be up to $10.00 euros. and a reminder of the top is a story we're following for you, this our global weight prices, john by 3 percent at the start of the week following a russian missile attack on the ukranian part of a desktop. that's all for me and the business team here in berlin for more from us head over to our website, d, w dot com slash business. thank you so much for watching a woman with god. margaret was 64 when she 1st wrote a motorbike and she hasn't stopped since 18000 kilometers 18 countries. the adventure of

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