ended glistening place of morning. the mediterranean sea. it's waters connect people of many cultures. seen of emma's rock and to far abdul karim drift along with exploring modern lifestyles and mediterranean. where has history left its traces. meeting people, hearing their dreams, a mediterranean journey in tenant snorts august 14th on d. w. ah, ah ah ah. still eating russian caviar and filling up on russian gas.

the west's plant isn't really working. following its invasion of ukraine heavily sanctioned russia still has france, even with the world's top economy, the u. s. banning russian oil and europe's economic engine. germany weaning itself off. what is russia's cash cow and that's the main pillar of its war chest. china is buying more discounted crude than ever from moscow. russian oil makes up a quarter of india's energy in ports. that's due in parts of sanctions placed on iran. and dell is not backing down on its reliance on the rations, despite criticism from western nations. sh, international trade and industry are always looking for alternatives with political and environmental concerns. just a secondary fact up also coming up to date, ocean noise pollution, saving marine life shopping just got really cheap for sob, and overpriced rentals. how living in new york has become a luxury? welcome to d. w. 's weekly business show made. my name has been the incense trade route was an

ancient network, linking the mediterranean with sources of incense and spices. it was controlled by the arabs who brought frankincense and murray by camel to petra. in india, the dangerous boy got mountain passage connects, boom by and calcutta. chil could trail between canada and alaska, brought furs and gold. slaves were traded along b r p on way. one of ancient brooms, oldest roads, trade routes have always brought tremendous riches. china is breathing you life into the oldest of roots, the silk road, and rushes redirecting its trade to get around sanctions. thrushes, war against ukraine violates international law. that's why the west has opted for comprehensive sanctions against russia. many russian goods are no longer allowed to

enter the west western ports or close to russian ships. but could russia get around to sanctions by using a new trade route? oh, western sanctions have cut off russian trade with the west. these sanctions are intended to hurt russia's economy and have already had revenues from exports such as oil or timber. now, the russian president wants to avoid the block to pass through the west with the help of some new partner countries. and you stand was nisha. they will become the most important section of the north south corridor, which will provide stable routes to the middle east in southeast asia. and as we expect freight traffic along this route to begin growing steadily in the near future as the usual trade route from st. petersburg to learn by is a root of 15000 kilometers, which takes about 40 days. the container ships travel through the suez canal to

move by and on to other asian markets. the new route is russia solution to the current blockade. it goes from st. petersburg to moscow, as are by john and iran, and ends in more by called the international north south transport corridor. it's about 7200 kilometers long. less than half the usual root companies save around 20 days of expensive transport time for russia. the new route could help replace the diminished trade with the west, but what to the other countries get out of it. as far as i know, the only just just started very recently with a couple of try out some, but it would save time and be much harder. and it would also, and that's a very interesting for, for the countries in bowls like india or russia. it would also enable these countries to somehow get away or get out of scope. ready from the western sanctions, most of the world's population lives in asia with a new transport route,

russia gaines more direct access to these big markets. but our freight carriers actually using the new trade route. we asked an indian logistics, entrepreneur $4.00 to $5.00, and then my cell, i'm every year or something. and so the celebrities across division, i know you lost it. you the best bang dish mostly for days. you know, does the increased trade with rush? i mean that india is helping co finance rushes, war of aggression against ukraine. u. s. diplomats in india have intervened and asked the country to stop maritime trade with russia so far without success. you does not want us to, indeed ayesha, but it is a point, no initial, thanks to miss romantic relationships, reach the gen, india, and many other asian countries have

a new self confidence. and they do not want to be forced to support western sanctions against russia. you can definitely say that the, the war ukraine is a game changer and not only a game changer for european security our military policy, but is it is a game changer for the global economy for global trade. it more and more looks at it. we're really moving into a kind of world with 2 major blocks. it's a development where one block in particular has the advantage. since many asian countries are happy to step in and take over the west, last trade with russia. out i know dolphins or into any one type of music, but what i do know is that our oceans getting louder than ever that's thanks to container ships. offshore wind farms gas, a exploration,

the excessive noise kills plankton scales fish away from their feeding grounds and renders wales death. what should industry be doing to help? ah, the ocean is a symphony of sounds. at least where they can still be heard. we humans have made the sea noisier than ever before and the way things are going, the underwater world is set to become one thing. even louder with devastating effects on marine life. oh, keating, tis predator lloyd and sensing their environment, they're really finding or is it actually holding? let's explore some smart ways of turning down the volume in the ocean and find out why this might also be good for the climate

underwater sound. waves traveled extremely fast and up to thousands of kilometers. sound is essential for almost all marine animals from whales to jelly, fish. hm. animals you sound to communicate, to navigate, and to find meeting partners or pray. but hearing what those creatures need to hear is getting increasingly difficult. summary life is currently exposed to noise levels that can destroy their sense of hearing, literally render them deaf or kill them. it's like you're logging around in a fog. that's a pretty serious effect to for animals that depend on sound so much. so why are the oceans becoming so noisy? one factor is offshore wind farms, and when energy is generally a good thing. but installing offshore turbines creates

a great deal of noise. in the north sea, it damage the hearing of porpoises driving them away from their feeding and breeding grounds. and agents are most likely exceed pilots and they have to drive into the steep it by hammering or and pick pile driving. and this course underwater noise which is smallest, comparable as in stopping aircraft. the sounds emitted by the pile structural elements smashing into the sea floor travel several kilometers from the source. but help is on the way compressed air flowing through tubes on the ocean floor round the piles creates bubbles that rise to the surface, forming a tight insulation curtain. fewer sound waves managed to penetrate the barrier leading to a 90 percent reduction in volume. this is how things sound without an air bubble curtain and this is with an air bubble curtain.

challenging issues that if to, to lift with feel sure, conditions, wind waves, weather conditions, currents and so on. but thanks to tighter regulations, the curtains are now almost standard for construction off germany's north sea coast . and interest is also picking up in the us, the netherlands, and taiwan implementing bubble curtains cost just one percent or less of the total investment for an offshore wind farm. music loud, we're going in. so wind turbines are one thing, but there's a bigger problem. container ships ah, international shipping is by far the main source of noise pollution in our oceans. the culprit and the potential solution is the ship's propeller.

domestic pressure cooker is worked by controlling the steam pressure inside them, pushing up the temperature at which water boils. the resulting higher heat means faster cooking my ship's propeller. the opposite happens, not with food, but with water and effect called cavitation. so it, due to the fast motion off that propeller through the water. locally, the pressure is extremely low. so that ambient temperature, the water boils and creates the am bubbles, creates a vapor bubbles. and these bubbles grow. and these bubbles shrink and collapse. this generates noise levels comparable to a rock concert on dry land. the solution has the potential to be good news for the climate. and the profit margins of big shipping companies, essentially, fewer bubbles can mean lower fuel consumption. in 2017 denmark based mask retrofitted, the propellers and engines of 5 vessels,

primarily to say fuel. but their sound emissions also dropped by 75 percent. this add on device improves the vessels flow and the water, which according to its maker means less cavitation and fuel savings of up to 8 percent. but installation isn't cheap. and shipping, firms are rarely obliged to make. the changes with cargo price is currently very high. they prefer to keep ships in operation rather than investing in a retrofit for many ships. that could be savings possible, especially due to the fact that each ship needs to go to dr. dropping each say, each a 4 to 5 years to incentivize ship operators. the port of vancouver has cut port charges for certified quieter vessels by as much as half ah, but the loudest offenders are seismic air guns. the fossil fuel industry uses them to locate new oil and gas fields in the ocean. their sound waves are as loud as

a spacecraft and can be heard hundreds of kilometers from the source. oh, for days, sometimes even weeks or months, these tubes fire out compressed air every 10 seconds. ah! with every blast, 2 thirds of oz, all plankton larva, within a kilometer of the explosion, dropped dead. they insure the health of the ecosystem. here one go had of leeway so they are way too loud for what they need to do. i radically, the fossil fuel industry is itself conducting research on more environmentally friendly methods for its surveys. one technique is called marine viber size, which generates the required signals by a vibration instead of an explosion. the result is more of a constant hom rather than a big sudden blast and air gun, so strong a good, bigger if you are more. whereas a vibrant size on land,

you could put an egg underneath and roll. great initial models suggested the impact on marine life would be just 10 percent of that of an aragon. the likes of exxon mobil total energies and shell may have their eye on another advantage, however, marine viber size can also map oil and gas in shallow waters. but doesn't this sound paradoxical, more sustainable methods to find more fossil fuels? we really should not be. we just should not be searching po, allen, gas under the ocean anymore. we, you know, we really need to make this green transition. that's the main solution. there are plenty of options for reducing marine noise pollution, but more progress is needed on the regulatory front. in 2011 germany introduced one of the world's 1st noise limits in place to protect north sea marine life. air bubble curtains are now standard. there in the industry is doing fine. taiwan is

introducing a similar regulation. quieter is better for the environment, but without incentives or new laws, the industry has few reason to change. the euro is at a 20 year low against the u. s. dollar. it's always been a safe haven in times of economic upheaval and with pressure on europe's common currency. mounting, investors have been flocking to the green back. that's great use for tourists from abroad, with their purchasing power determined by the exchange rate, shopping as become and especially rewarding experience. the euro's been falling good news for some people. we really like the low euros. for others, the weakening currency is a wake up call. everyone knows that europe is the weakest spot currently in the global economy. what does the weakening euro actually mean? ah, i bought a bag which you can see here. and i believe i saved around $500.00 from the

currency as well as the tax reduction. the tax refund for tourists from outside the euro zone right now, shopping has become an especially rewarding experience because their purchasing power depends on the exchange rate. and currently, a dollar goes a lot further in europe than it used to. in fact, the euro is weaker than it has been for 20 years, and experts think it could fall even further. what happened? we were at 122 last summer. and since then, what has happened since then we see that there is monetary policy differences. so the u. s. central bank, the federal starting to high interest rates, and then we have the war. and since the war started, we have uncertainty in europe. and these factors have really made that people and traders, investors withdrawn their investments from europe. and this means we're going to

have this all in currency the strength or weakness of a currency also reflects expectations about the future on the relevant economy, which is not to, was he just now, ah, you're alone. economy is heading for recession laughing, caused by the spike in energy and food prices. also, the european central bank is significant, be slow in rating rates, that the u. s. federal reserve, as a result of the euro, is trading well below its failed value to the u. s, for the european central bank only started increasing interest rates in the summer . but so far, the effect has been limited to merely slowing down the decline of the euro. the product for the c, b is nothing they can do, will produce more energy and we'll make it cheaper, all will make a war on saw or will produce more microchips. these are the big problems facing the e u. economy. normally, items exported from the eurozone would benefit from the weak currency,

but with high energy prices at home and chips in short supply, european companies have to charge more for their products. another downside of a weak currency is imported inflation. b currency means that imports become more expensive, maybe o point 120.2 percent of the current inflation rate can be attributed to the exchange rate for you have he and consumers high inflation is a growing concerned while for tourists paying in dollars, the deflated europe means they can keep on enjoying their shopping sprees. we really like the low euros. yeah. it's cheaper. we love shopping and we do have fun . 9. i was the earliest labour got to the high shops and i and catch a couple of things that are normally buying the usaa is good to be able to shop

here and actually feel comfortable about. it. never really found anything fun about shopping bad, while american tourists hit the high streets of european capitals on their lavish shopping sprays. the real estate market back home is taking on a new development. new york is now the most expensive city in the world. a central one bedroom apartment will cost you about $2800.00 euros a month, on average. the rents in san francisco and boston not far behind here in europe, a london flat or put you back. 2100 euros in hong kong and los angeles. the right is just above 2000. it's no wonder the coals for affordable housing a growing louder. we took a trip to the big apple, where rents have searched by a 3rd since the pandemic. some of console the so mental someone oh the will to protect his family's home. game. fabian, bravo,

a voice. he's fighting back against looming rent increase my bill. i want to little thing. do you know that you love him? yes. i know they would send us tenets out into the street where no fair life is possible. i want to know if the move in the. 2 0, for tens of thousands life on the streets is already a reality. homelessness in new york is the highest. it has been in almost a 100 years. the main cause to little affordable housing. average rent prices are up by a 3rd compared to 2021. and so our evictions, sam chanda and specializes in real estate finance. he says that the end of the pandemic is forcing up prices as a larger number of people have come back. as people have looked for more space and as a result of that, you're out of a desire to have more space spending more time at home. that really putting

a lot of pressure on the rental market rents increasing fairly rapidly over the course of the last 9 to 12 months. rising rents together with a 40 year inflation hi. are putting many new yorkers in a bind. what we see is that income constrained families are inevitably the most impacted that they are having to make really top choices. families are in some cases, having to spend less on education, food, clothing, in the kitchen. the fabian bravo and his family. these choices are a daily reality. nora bravo works as a housekeeper, 7 days a week. she worries, because food prices are biting into their budget. their chicken before he goes out, when i neither found nice golf tune, i and i things on the phone. so we have to change a little bit before we live, like 2 more chicken. we lay only one. so we are this way. so now we why more base

double cucumber um, so larry, we looking for the of the family of 5 is crammed into a 3 bedroom apartment in brooklyn. the building they live in is designed to be affordable. only the city can decide to raise their rent. the increase proposed this year would come to about $70.00 a month. 17 year old samantha has to help shoulder that extra cost. she's graduating high school this week and already has a job lined up. i feel kind of like grown up because usually like it's more or less so like the adults that like pay for their ran and i feel like i had more responsibility to make sure that like all my like, my family can stay in the apartment that the mom fabian bravo had a work injury a few years ago and has been unemployed ever since. he doesn't want his daughter to have to pay for rent with money she could use for her tuition. let's see,

the only one i'm on that us days. mr. mr. montgomery cornel signal fair to me, teenagers dreams. if i don't speak out, if i don't raise my voice, who will give her, i don't want that as a will. i have to do it for my kids, and for my family, that thing mom, i'm, i mean me from the other mas equals, with rent out pacing income throughout new york. it's not just low income tenants who feel sticker shock. so i live in new york city and my rent went out by $2000.00. so i have to move. so my rent went up $2000.00 from 30025000. okay. i guess i got to bring out the receipt. a couple people who believe me, why would i buy a guy? so i just wanted to give you all for to nissan. castiano moved to new york and a year ago for her marketing job. she was sharing an apartment with a friend when their rent drove by $1000.00 per person and more about how i was able to find $1000.00 increase per person,

was just completely unreasonable and not something that i felt comfortable doing. like i could technically, i could do it, but i would have to like, never go out anymore and reduce my 41 k. and it's those sort of things that i just wasn't willing to do. living room area. she now piece $3500.00 for her new apartment. it's slightly more expensive than the old one, but she also feels the space is an upgrade yet. we watch the batch her here. i just feel really fortunate. like i know that there are so many other people who had a rent increase and are not in my situation where they could afford and even the increase that i ended up taking or, you know, had to move elsewhere or even worse, you know, put in a really dire financial situation for fabian bravo. moving would be too expensive. so he's fighting to be able to stay city appointed board decides on any increase in his rent by making his case to them. he hopes to keep his home affordable. well,

well good evening, everyone. my name is fabian b one, so he tells the board about his debt worries. he says that inflation is making his family anxious and he ends on a plea. keep the rent increase at 0 percent, which i thought until a few days after the speech. the board decided on the highest rent increase in almost a decade. it will affect 1000000 apartments in new york. but for fabian bravo, the fight for affordable housing isn't over a. but the battle does seem to be over for so many of us. housing prices in the us are only becoming even more on affordable in australia, on the other hand, property prices of pulling at the fastest rate since the 2008 financial crisis. let's see if that becomes a trend. that's it from us at made nice to have your long. i see you again soon.

bye bye. ah ah ah ah ah ah ah, with

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