daughter reacting to a loud ban here in odessa. man, there are tang shooting and it's not attend. there are no tanks here. no, no. the tanks were in the other place. i mean to our nanny here. um, can you hold on for now the families relatively safe, but honest assia is waiting for the day. she can take her children. oh you're watching d w. stay with us. dw business with stephen. betsy, is up next i'm will, i was like a watching ah . will you become a criminal pre climb ai already news detective about hackers and paralyzing the tire societies.

computers that out some are you and governments that go crazy for your data. we explain how these technologies work, how they can go in for a degree, but how they can also go terribly, watch it now, i'm new to nico. he's in germany to learn jermel lewis, pinnacle. why not learn with him? t w's e learning course. eco's fake. ah ah, but surprise for the financial world as china cuts, key lending rates, bridging hopes that can private economy, that still not hitting on all cylinders. after months of intense coven lock downs, and fears that new ones are around the corner. also on our show will go to the us

state of iowa, where some farmers have found a new source for much sought after fertilizer blood. welcome to the show. i'm seeing beardsley in berlin. china cut interest rates in a surprise, move on monday. responding to poor than expected economic figures, both industrial production and retail sales in july fell under expectations, raising new concerns about the world's 2nd largest economy. observers say china's intense covered lock downs are still weighing heavily on the country. penny at an ikea story, shanghai as authorities attempt to mock stuff and shoppers, his son, had to torches claim a customer. had been in contact with corbett, positive child. an example of china's extreme 0 courage looked on policy. that angered chinese citizens and weight on economic growth. the harsh measures have so far helped contained the wires and keep death rates low. but they also disrupted

global supply chains and hit local demand for goods and services. aging blames the global economic environment along with the pandemic for the hit on it's gonna me and giving it no choice but to trim rights on monday to shore up sagging economic growth. but there are plenty of other problems troubling china. it's more serious, a real estate that crisis forcing some people to pay mortgages on and even live in . i'm finished apartments as real estate companies struggle to stage a corridor recovery. we are little would we have used up all of our savings to buy our progress will not be in 5 years, and we still cannot live in them. so we are out of options because corporate in recent years, it's hard to make money. all right, there are still house and car repayment so that china is battling economic troubles on many fronts, but not all of them can be blamed on the global economic and wire meant. earlier we

spoke with jacob gunter of the mikado institute for china studies and asked if there were reasons for the re cut beyond just today's figures. yeah, there's certainly more than just the macro economic factors. and when you look at this 10 basis points reduction, it's quite notable because it's the opposite of what's happening ever else in the world. everyone else is rushing up their rates and trying to their, their lowering it effectively because they have the opposite problems that we have . the united states and europe. consumption is incredibly low and weak relative to supply. so they're, they're definitely trying to keep the economy from kind of falling out in large part because of the investor and consumer confidence is coming as a result of kind of your policies as long as it maintains your coping approach, consumer, consumer investor confidence, going to be low, you know, they're not,

it's not the people i'm sending because, you know, the, the interest rates are too high. they're not spending, because they're afraid that they might suddenly be lockdown. why? city wide lockdown? again and again, that was jacob gunter of the mikado is to for china studies. we have a lot more about china on our d. w. news, youtube channel. our latest business special, in fact, looks at how tensions over taiwan could have a bearing on the chinese economy. our expert guess is alexander gerlach from the carnegie council for ethics and international fairs. again, you can find that show on the dw news, youtube channel. our list koreans corner now in new york, yen. just talking there about china, surprisingly, lowering those interest rate cuts. oh, what effect is that had a wall street hub investor? seen this? yes. even i'm actually am by the end of the day, investors on wall street truck, those weaker numbers some off. and we did not just hit those weaker figures out of

china, but also here in the united states. them from the housing industry of from the factory area in the greater surroundings of new york. we got also weaker figures over there. but on the other side, we did see an oil prices, for example, moving of oil losing by more than 3 percent dropping at below $90.00 per barrel when it comes to as sectors into medias. and that is because we have those weaker developments in china. we have the weaker developments also here in the united states. so the biggest economy of the world are some major indexes. there are wall street ending today again with gaines these past few weeks. investor seem to have been a bit more optimistic despite all of this. talk about recession, recession, recession, what's going on? there's even the, the answer is we have recession, recession, but we also have inflation inflation. and that's basically what we saw in the past . couple of faith, especially last week, wednesday, thursday, friday,

inflation numbers that all came in better than expected or not as bad as a fear to him. and so now we have all prizes also moving downward. i mean, if you look what happened to oil result in march at about $230.00 for barrel, now we are beneath a $90.00 and the gasoline. for example, oil, that is one of the bigger factors when it comes to inflation. so that's what seen positive on wall street, and then also there's a sort of a bad news, good news environment. so if we got some bad economic news, that means it is less likely that we will see a super aggressive move from the federal reserve when it meets next month. or asians quarter walking us through the latest on wall street. thank you. and let's go now to some of the other global business stories making headlines. the u. s. has warned india that it's violating us sanctions. the accusation, an indian ship is said to have picked up oil from a russian tanker on the high seas and brought it to a port in india where it was refined and shipped on to new york breaks. it has

exacerbated the united kingdom's labor shortage. that's according to a report by the university of oxford and lees leads rather worst hit by the end of free freedom move of excuse me, the end of free movement for e, you citizens was the hospitality sector. according to the report which last, almost $100000.00 jobs, it says filling low pay jobs remain an issue for the u. k. buyer says it will continue supplying russia with a central agricultural inputs, reversing course from its previous dance. in march that the company had said that maintaining supplies would depend on russia, stopping its attacks on ukraine. the world's largest seed and pesticide firm said it's move is aimed at quote, helping prevent what could become an unprecedented food crisis. and the un chartered brave commander is set to depart you crane fully loaded with wheat. it will be the 1st shipment of food a to africa since heave and moscow agreed to

a deal brokered by the un and turkey to guarantee safe passages through the black sea. with war and ukraine has put new pressure on fertilizer prices around the world. farmers are now putting new sources to the test are correspond stuff on siemens went to iowa in us to take a look. ah, you may think farmers in the united states should be as happy as can be right now. after all, prices for their products are way wheat, corn soybeans, fake smell, chicken and kettle, crop farmers, and cattle ranchers get maximum returns this year, financially speaking. so what could possibly be wrong? this year will be tough because of the supply chain challenge is the most problematic supply chain issue for us farmers. the severe shortage of fertilizers,

a lot of the fertilizer that the globe depends upon comes from russia, bella, ruse, places that you know, at least the u. s in europe will no longer buy from so that limits the supply of fertilizer around the world that's creating those supply chain challenges for producers. we're meeting one of those producers, iowa crop farmer, dan, hans. he's working roughly $700.00 acres total. this is considered a small, the big concern is, you know, moving forward in the coming years, is there going to be ah, as, as a situation or a time in which it's not just about pain on the high price, but physically getting in the fertilizer that, that scares a lot of us the massive problems us farmers face in terms of getting their hands on enough, affordable traditional fertilizer has also help this start up in san francisco. mid tricity. the way that that nature does,

it is lightning strikes the ground and we have the nitrogen, the air gets fixed into knox effectively. and the rain captures that knocks as nitrates and rains out of the field. so we've containerized that process, but the lightning in a bottle effectively can produce those nitrates, they go up to the field and there's also this natural fertilizers. this is where ape sunquest comes in. san chris is an entrepreneur in manure, in dung, cow pool, or whatever else. one wants to call this st quiz cells, an enhanced mixture of regular cow pu with other natural ingredients, like lime city, mulch and chips. i think what's, what's happening right now is with this crisis that we're having, it's an a catapult dis industry. it's going to be anybody that has any sort of renewable of sustainable technology is gonna be gang busters. nearly anybody working in our culture, including local and state governments,

and most experts in the u. s. whole ape suncrest is right. all agree and extend it, or even worse, fertilizer crisis is going to hurt everybody all over the world. all right, all your fertilizer questions answered there. and finally, a small town in sylvania is celebrating an important ingredient for beer. the flavor filled hops. the hopper day marks the beginning of the harvest for the intensely flavoured flower. sylvania has been celebrating hopper days since 1962. there's even a hop princess and they hop making elder. whatever that is. the country is one of the world's top 10 largest exporters of hops, making millions each year by selling a harvest to germany, the u. k. and china all right, here's a reminder of the top business story that we're following for you. a surprise move china cut interest rates on monday, responding to poorer than expected economic figures. both industrial production and

retail sales fell in july under expectations. that's raising new concerns about the world's 2nd largest economy. observers say that china's intense coven locked downs, are still weighing heavily on the country. all right, that's our show. for more about these other stories, you should check us out online. d, w dot com slash business. we're also on youtube again under the deed of news channel. i've seen beardsley, thanks for watching. ah, chronicle of a disaster. august 1 year ago, that totally mon, advanced into the f and capital international troops leave the country pen overview . decades of reconstruction work is

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scene of a horrible tragedy. arab terrorists, armed with sub machine guns, went to the headquarters of the israeli team, and immediately killed one man. and that this will be the last time i saw in the life or worse fears realized tonight. they're all gone out. i witnesses experienced the terrible events and this the world should not forget the long shuttle. the 1972 olympic massacre. start september 3rd on d. w. o afghanistan, august 2021. this documentary unravels the dramatic end of a state hearing from people who experienced it up close.