today's coming up next is over later. this is these with my colleague. what are you called to find much more news analysis and video on a website that is d w dot com? i'm really mohammed, thanks for watching. take care. i will interest the global economy. our portfolio d w business beyond. here's a closer look at the project. our mission. to analyze the fight for market dominance. get a step ahead with d w business beyond a vibrant habitat ended glistening place of the

mediterranean sea. scene of l muster. enter for dual korean drift along with exploring modern lifestyles and mediterranean maybe 2 in journey in 10 episodes starts august 14th on d. w. ah, week prices for life, ukraine hail is relief for the world. the 1st shipment of grain has left his port since the deal ended russia's blockade. can it ease the world under christ and why production lives in the u. s. a. losing that meant them. we'll discuss why manufacturing growth is at its lowest for 2 years. as the data we business on robots in berlin, welcome to the product. 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 for you. 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, and that would, you know, in general, the port should 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 we still have is 6000 tons of grains stored here. where are we supposed to put the wheat when the next harvest starts? luxury love is no up. it's gary. any amount of grain could be left on the fields modulus if we 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 commodities are now more easily going on to the old marcus is good. but all acidity will remain high, and the shortages are on the floor are not only caused by weather 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 province before russia's invasion of ukraine sent 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 cells 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?

although i little cover i just by less when i get milk, i no longer buy for leaders at just 3 and the i don't fill up my glass any more of that ever happened? oh, 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 at 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 and overpriced construction contracts that largely benefit government allies. the e u has withheld funds due to it calls deficiencies in 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 get 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 a shrinking figures suggests that we can demand for factory products is taking place as the u. s. economy struggles from atlanta? well let's get more on this trauma correspondent at the new york stock exchange. teddy austro teddy always good to have you on. just explain to his voicemail. he 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 essential, such as you food, such as fuel, which have 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 near term horizon. by an in the u. s. you've also got a factory inventor, is that the fully said they've been since 198 is 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 easing some of the inflation associated with it. so we are starting to see perhaps a peak and 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 reduced supply elsewhere. the 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 2001 in 2011. 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 lancaster, 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 day, i'm the q i system is good for money, but the quantity they give is not enough. i need 3 wheelers get only 5 leaders. it is over in a day or a day and a half 1000. if we can get 25 leaders a week will be all right. i'm on and i really, there is about that on a comic as well as 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 get a thing i for example here, we don't have that much, i'm guessing like for you to light up the fire you need get a thing or is that the biggest challenge right now with no, no gas, you'll get a thing oil. plus with the transportation issue, we're having left volunteers helped to stabilize the country could come in the form of a loan from the international monetary fund. but this has now been pushed back a month. the president's office, blaming the recent demonstrations that forced his predecessor from office trill anchors. 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 coven 19 all overseas visitors may now apply for a visa, its out, ill give

a boost to the countries tourism industry and make it easy for international students to return. i saw from the on the visit, steam handbell in promoting i to i website detail. com slashed business till next time back to ukraine. gere cozen has no idea what is waiting for him in urban but the photographer has made up his mind. he wants to document the devastation and human suffering may accompany him on a difficult return to his home country, which is still at war close up next on dw. busy the fear is palpable or ah,

will tuten also attack the republic of moldova divided between pro europe and pro russia. people are desperate as they feel the threats of move them any of the country. mold. busy in 45 minutes on d w. ah, let's be honest. summer break just doesn't really be much does it? without the bundis lee gotten? oh, well, don't worry. it will all start up again soon. whom does legal football action?

goals all in hong kick off. august 9th, here on t w finally. oh i hm. mm hm. mm.