ukraine has resumed grain shipments from its of black sea ports, turkey which is overseeing the implementation of the field between the 2 countries assigned with the un said it was safe for exports to resume. the crime had been unable to ship a house of grain from his ports since russia invited in february. i set you up to date more. well, here's at the top of the hour, rob watts has your business updates, and just have good people in trucks injured when trying to flee the city center. more and more refugees are being turned away. families on the reason for the credit on its way located demonstrate people fleeing extreme dreams.

ross getting 200 people from the agency around the world. more than 300000000 people are seeking refuge in the line because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, we prices for lies. ukraine hail is relief for the world. the 1st shipment of grain has left his ports since a deal and it rushes blockade. can it ease the world hunger crisis? inflation is soaring across the european union, but hungarians are especially hard. it will explain why our production lines in the

us, the losing their momentum will discuss why manufacturing growth is at its slowest for 2 years with the state of the business on robots in berlin. welcome to the program. first shipment of ukrainian grain, since russia's invasion has left the port of odessa, it set sail under an internationally broke a deal designed to release millions of tons of ukrainian crops to relieve world markets. the congo ship rezone is carrying more than just grain. it's carrying the hopes of ukrainians and people around the world. it's the 1st ship loaded with grain to leave odessa. since russia invaded ukraine, some residents of the port city see it as a sign not only of hope, but of progress. boy neil's listener on monday, i heard the ship's whistle for the 1st time. i was delighted when you finally, life is beginning to move forward and there are some changes in

a positive direction. this makes me very happy that that would, you know, in general, the porch would live its own life. because odessa is a port city we live here, we want everything to work for us for everything to bustle dealing since the start of the war, ukrainian farmers have been hard pressed to get grain out of the country. ukrainian trains can't move on most e, rails, and trucks take days to get across the border. as harvest season approaches, many silos are already full and grain stored for long periods of time is at high risk of mold. lot of to shows who the group was, they'll have 6000 tons of grain stored here. why are we supposed to put the wheat when the next harvest starts? luxury la la. it's gary. any amount of grain could be left on the fields. motivated fully could cause

a local but solving the troubles with transport isn't an instant solution for high food prices. economists say the prices of commodities like wheat, rice, and corn, and not only dependent on the war, but also weather conditions and the success of the harvest. the fact that agreement also russian policies are now more easily going out to the old marcus is good, but all acidity will remain high and the, the shortages are, are ignored are not only caused by the war, but also by clemente conditions. cautious. optimism is ripe among many farmers hoping to sell as much of their grain as possible. while the negotiated corridor remains open. sang in europe, and hungary was already facing inflation problems before russia's invasion of ukraine cent prices across europe. soaring now, the cost of living for some hungarians is becoming unsustainable,

and the country's elderly are among the worst hit. t bore sells beans from his garden at the market in cure. he's 82 years old and has to earn extra money. he says his pension is $230.00 euros a month, and it's only getting smaller because hungry is inflation. is it a 20 year high? oh i little cab i had, i just buy less. when i get milk, i no longer buy for leaders at just 3 and i don't fill up my glass any more of that ever happened? oh ha. this is how many people deal with inflation in hungary. the government is trying to help by setting prices for some goods. they must be sold at the same prices as 6 months ago. without that inflation would be 14 percent. but now producers and sellers are forced to absorb the cost. had nekisha then it's difficult because everything has become more expensive, but we're told what the price has to be that are all

e u countries are suffering from the effects of inflation. but hungary, more than most, a big, big reason of the high inflation environment in hungary. is the war itself and the sanctions are which have been imposed by the european union. but hungry has been granted exemptions from sanctions. it's allowed to keep receiving cheap russian oil . experts say the real reasons for the exploding prices came before the war. part of the inflation is the government to her because the budget has spent too much or 2 years ago, and those were last year and this year in connection we did the election. there's been plenty of government spending an overpriced construction contracts that largely benefit government allies. the e u has withheld funds due to it calls deficiencies and the rule of law, the keep getting bigger in response, the government is introducing new taxes for small businesses. there have been days of protests and the government has been pushing for the

e. u to release those funds with before the government takes surreal. convincing step, i don't think the european institutions are in a hurry to provide the money. and the more we wait, the higher is the cost of financing the budget deficit. here and cure people fear that inflation will just keep on climbing even if apricots or particularly be plentiful and cheap. this year. moving on us manufacturing is growing at its lowest rate since the early months of the corona virus pandemic. a key index of factor activity has hit a 2 year low, according to data released on monday, the institute for supply management. so it says production is also slowing, and orders is shrinking. the figures suggests that we can demand for factory products is taking place as the u. s. economy struggles from the lantern. well let's get more on this for my

a correspondent at the new york stock exchange tele, austro teddy. always good to have you on. just explain to his voicemail is behind this slow growth. while rob, this is a worldwide phenomenon, it's not only the united states, it's around the world we're seeing manufacturing slowing or even contracting in europe in china, and other parts of asia. this is a story of inflation and the supply chain crises now here in the united states, this is, this is a consumer economy. now, inflation, these high prices have really helped shift consumer spending towards the essentials, such as you food, such as fuel, which i've seen incredible price increases and away from the big ticket items. now retail stores and other companies have really been shouting for the hills about this, and factories are taking note of it as well. manufacturing may have slowed, but new factory orders have actually contract it here in the united states, which are raising the eyebrows of economists who believe that

a recession may be on the engine may be on the near term horizon. by in the u. s. you've also got a factory inventor, is that, you know, the fully said they've been since 1980. does that seem as a good thing or a problem? well, there might be some good news in the bad news. the bad news being that this is excessive inventory. that's not great for the economy. when all these companies on factories have too many goods for not enough demand? well, the, we have to ask, why are we seeing the success of inventory? well, when demand was in resurgence late last year and earlier this year, companies wanted to stock up, but they had difficulty because of the supply chain disruptions they couldn't get the goods they wanted. now the good news perhaps, is that the supply trains are easy. and what this is doing is using some of the inflation associated with it. so we are starting to see perhaps a peak in inflation according to economists. but we're a long way from

a complete using of the crisis. ok to the austria in new york for us. thank you. now another business news gas prom says it sales of natural gas to china and not making up for reduce supply elsewhere. russian energy company said exports. china increased 61 percent so far this year. however, it admitted a rural gas production is down over a 3rd mostly do is apply cuts to europe. deutscher bank says it broke regulatory rules to enable tax fraud bites clients between 212011. according to an internal investigation, the so called comics the scheme took advantage of a loophole to hide investment revenue from german authorities, costing the taxpayers billions of euros in reimbursements to investors ny inflation and rising energy prices have germans keeping their wallets closed for the month of june retail sales dropped by almost 9 percent steepest decline in almost 30 years,

says we're down for groceries as well as consumer goods and online stores. we're losing as much as bricks and mortar as flank as new president, ronald veteran. the singer has the unenviable task of trying to calm a furious nation. for lincoln's forced out his predecessor following di economic reforms, the trigger a wave of unemployment and a vital lo, needed to rescue the economy, has just been delayed. fuel shortages are one of the pain points. entree, lank has ongoing economic turmoil with drivers queuing for hours. even days in an effort to bring order to the chaos, these q r coats act as digital ration books. who are grammy and i will de la q. our system is good for learning, but the quantity they give is not enough either 3 wheelers get only 5 leaders. it is over in a day or a day and a half 1000. if we can get $25.00 leaders a week, who will be all right, i'm on and i really there is about there are like,

i'm like that's one of the regular ma. this is a very good system. under this system, many more people will get fuel update of our mega hannibal only. there are also cues at this community kitchen. more people need support, but the ongoing crisis in the country makes it harder to help. the fullest thing with firewood. and right now we don't have kerosene. i for example here we don't have that much. i'm getting like for you to light up the fire you need get a thing i. so the biggest challenge right now is no, no gas milk out a thin white glove with the transportation issue. we're having left while and he has helped to stabilize the country, could come in the form of a loan from the international monetary fund. but this is now been pushed back a month, the president's office blaming the recent demonstrations that forced his predecessor from office trill anchor's prime minister turned president, may be able to impose order. but until the economy is brought under control,

many shoreline cans will continue to struggle. now during the pandemic, it was one of the most isolated countries on earth. but now after more than 2 years, new zealand has lifted its final border restrictions related to cov 19. all overseas visitors may now apply for a visa, his hopes he'll give a boost to the country's tourism industry and make it easy for international students to return muscle from a on the business team here in berlin from audio to our website. d to we don't. com slashed business until next time. a woman with guys, margaret was 64 when she 1st wrote a motorbike and she hasn't stuff in 18000 kilometers. 18 countries. the adventure of a lifetime. no limits. margaret's incredible journey.

as special read oh d, w. homicide and accident, a man living dangerously science is trying to solve cases from the stony and figuring out the victims time of death. each case is always a thriller tomorrow today. in 60 minutes on d w. oh. let's be honest. summer break just doesn't really mean

much. does it without the bundis lee got? oh, well, don't worry. we'll all start up again soon. wound us legal football action goals all in hong kick off stuart's august 9th here on d w. finally. ah ah.