ah, that's all for now. there is of course more to be found at a website at any time of the day that said d, w dot com, we're still on social media at d. w. news is the handle, the need for both twitter and for instagram. now rob walks will be in the chair next with business news that's coming up after a short break. stay tuned for that. and i'll be back at the top of the hour with another nice board from here in both. stay with with red alert. ah, those are the just route. this is

a read if occasion i think we're going to have some epic fighter over the world or is becoming a scarce commodity. things just getting dryer and dryer, and we need more and more water. his own worth dying of thirst. there's no water, no global struggle for water. thirst starts august 10th on d, w. ah, week prices for last 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? inflation is soaring across the european union. behind gary ends are especially

hard. it will explain why our production lines in the u. s. a. losing their momentum will discuss why manufacturing growth is at its lowest for 2 years. at 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 for any 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 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 puzzle the list. 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 has harvest season approaches. many silos are already full, and grains stored for long periods of time is at high risk of mold growth. love to shows who the group we still have is 6000 tons of grains stored here. well, we supposed to put the league when the next harvest starts. luxury of love there's no auto, gary,

any amount of grain could be left on the fields militia when the 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 mark is, is good, but all acidity will remain high, and the shortages are on your 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. staying in europe and hungary was already facing inflation province 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. tibor 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? although i little cover i just by less when i get milk, i no longer buy for leaders get just 3 and the i don't fill up my glass any more of that ever happened or 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 make you sad, 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 hunger is the war itself. and the sanctions are which had been imposed by the european union. but hungary 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 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 what it calls deficiencies and the rule of law that 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 give 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 karone of iris 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 suggest that we can demand for factory products is taking place as the u. s. economy struggles from the lantern. i left him on this alma

correspondent, the new york stock exchange teddy australia. teddy, always good to have you on. just a boy sally 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 ship consumer spending towards the central, such as you food, such as fuel, which i've seen incredible price increases 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 in the u. s. you've also got the factory inventor. is that, you know, the fully said they've been since 198. is 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 austrian new york for us. thank you. now, another business news gas from says it sales of natural gas to china and not making up for reduce 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 212011. as 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 de la q. our system is good for learning, but the quantity they give is not enough. i'm at 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. who will be all right. i'm on a diary leader is about the owner of macbeth. we're under 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 only 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 i so the biggest challenge right now with no, no gas no kind of 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 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. 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, so it'll give a boost to the countries tourism industry and make it easy for international students to return i saw from the on the business team here in berlin, promoting that to our website. data we dot com slashed business till next time. ah hi. oh um with works of compose alicia rod, idol fitness,

obsession. oh ever been better background music for megalomania? gross and vaughan? arts 21. 0 d w with a beginning of a story that moves us and takes us along for the ride. it's about the perspective culture information. this is dw news and d, w made from mines. oh, you become a criminal pre climate. oh,

ready news with hackers? paralyzing between your societies. computers that out sure. you and governments that go crazy for your data. we explain how these technologies work, how they can go in for, and that's how they can also go terribly. ah, watch it now. ah ah. oh adult hitler, a murderous dictator, driven by hatred and megalomania. ah. but he could be soothed, basically shod wagner. the german composer was famous for revolutionizing opera and infamous for his aunt.