maria has usually already been scorched near valley is planning to stick by her haines city. after all, she says it's hardly the 1st crisis that the city has faced in. it's practically 4000. yeah. history. you're watching dw news from berlin up next. we got business for you, chris cobra will be here to talk about apple admitting to serious flaws, security flaws that hackers could used to exploit your devices. stay tuned for that ah departure to the to day, this means flying to a foreign planet. in the 16th century, it meant being a captain and setting sale to discover a route. the world famous c. voyage of ferdinand magellan. i'd rather erase linked to military interests,

erase linked to political and military. christy that it was so linked to many financial interests and adventure full of hardships, dangers and death 3 years. and that will change the world forever. but jillions journey around the world starts september 7th on d, w ah, a major security warning for apple gadget owners, the u. s. tech giant saying it's i phones i, pads, and macs have serious security vulnerabilities that could allow attackers to take complete control of the device. also coming up a massive outflow of capital, things to rising interest rates will have more on the difficulties. emerging economies are facing a tighter monetary policy in the us, britain,

and the euro's of an oil. major shell cuts output at its rhineland refinery. as an ongoing drought pushes water levels on germany's most important waterway to dangerous loaves will take him there. i'm chris kolber about the program apple as warned of a major security flaw that could allow hackers to take complete control over devices. users of i phones, i pads and i imacs are being advised to update their software among them the i phone s and later models as well as 5th generation. and later i pad models. apple has not revealed how many of its customers are affected by the issue or the stick a closer look at the matter with while as candor, he's a project developer ad tactical tech go walk them to the w. apples. explanation of

the vulnerability means a hacker could quote, get full admin access. that doesn't sound good, does it? so it sounds as terrible as it does. full axis means that they are free to control your device, as you know, gather your data and exploit it and then use it in whatever way they see fit, which doesn't just expose users but their context, their messaging. and so it's kind of a bit more than just the normal user. it's their entire network with this kind of control, right. and to avoid that, obviously users are advised to update their devices. do we know anything more on how apple got behind the sure that there's a problem? well, the, there is always the citation that there's an anonymous researcher. we don't really know how they got behind it or how they, how they discovered it,

whether it's internally or externally. but that is the main problem with opaque systems that everyone uses where people don't have access to check continuously the source for auditors check for problems. and so therefore, we just have to trust apple with whatever they tell us. because of, if we look at the gadgets affected here, i mean, we're talking about i phone models, i phone 6 and later, i mean that is a, a range of products. yeah, that is a huge range of products with a huge user base and which means that a great many people will be affected and we don't really know who has exploited this ability so far. and we, we don't know which, how many users have been affected, but we can expect for a large number to have been effective for it to, to kind of make these up to make this announcement. well,

let me ask you how big of an issue is this for apple, a company that has gone head to head with authorities when it comes to the privacy of its users? well, it will, we can say it's a significant problem. but at the end of the day, there isn't a lot in the current structures that can happen, that can change things because there is a huge dominance of apple in the market. and there's very little oversight on what companies do. and, and sometimes these companies seem to monopolize the market in some way or another bad where the backlash is not as great as we would imagine. where, where, where people can plot different choices. i think a lot of like a lot of people are kind of loyal to, to the actual line of products. the question is not whether they will be affected, but how can we ensure that they're more on top of the security flaws and how people can be more secure, as well as counter product of over at tech,

tech tickle tech. thank you for thought the u. s. federal reserve hiked interest rates by 75 basis points in june and july higher interest rates mean higher yields. but this comes at the expense of emerging markets. countries like argentina, egypt, ghana, pakistan, and turkey are more than ever at risk of going broke. according to the institute of international finance, as globe investors withdrew nearly $10000000000.00 from the so called emerging economy's $9000000000.00 from their bond markets, and $1000000000.00 from their stock market. the funds mostly went to the united states because of the high interest rates. and higher yields, particularly since the us dollar is regarded a safe haven, especially in the increased uncertainty in the global economy. not earlier i spoke to roger biz was asia pacific chief economist at s and p global market intelligence . and i asked him what the real life consequences for these emerging economies are

when interest rates in the u. s. and other industrialized nations rise? well, we do see differentiation amongst, ah, in the emerging markets, investors are differentiating between the different countries. those emerging markets which have strong external account positions, ah, strong current account balances and low foreign debt have been much more resilient . despite the volatility that we're seeing in global capital markets and foreign exchange markets. however, they are a growing number of emerging markets and developing countries that have week external account positions. and what's all sorts of that which are those which are those particularly affected very large number of countries. so, you know, we've, we've, we've sat listing, it could take quite a long time, but up, oh, i'll give you some examples of some of those countries. so basically when we look

at the world of emerging markets, though, asset of weak external account positions, high foreign debt, low foreign exchange reserves, and large current account deficits, they face more stress in this environment. so there's a mixed kind of picture where some emerging markets, which are exporters of energy commodities such as the gulf states, saudi arabia, u, h, e. and also in asia, indonesia, which is also an exporter of coal and natural gauss, are benefiting from the strong gains in commodity prices. but in untrusted, a lot of emerging market said are highly dependent on energy imports and they're facing rising stress in the asia pacific region. for example, sri lanka and park stone have been already fragile, even before the latest surgeon inflation bob,

because they have very high foreign debt levels, very low foreign exchange reserves. and now with the surgeon energy, poor costs are facing a lot of pressures. o. m. are our current account balances and they have such low foreign exchange reserves. they're unable to even pay for some of these imports. it's a similar situation in laos in the asia pacific, which is also facing severe problems due to low foreign exchange reserves. so in a round the world, many emerging markets are facing varying degrees of stress because of higher energy prices. and also higher food costs are affecting some of the countries and, ah, north africa, for example, some in sub saharan are that are large importers of food commodities, such as brands. and because of the russia ukraine war with the very large increases in the prices of certain grains such as wheat. so some of these countries are right

in, oops, your stress rogers as was the asia pacific chief economist at s b global market intelligence. thank you for your time, robin. thank you. now here in germany, oil major shell says it cut output at its ryan land refinery. the facility makes fuels heating oil and country chemicals, but low water levels on the river rine have made the transport of goods wire. germany's most important waterway. a big challenge, not just for vessels servicing the chemical sector. patrick niss diaz, his ship, the colors still down the rhine river to a cool fired power plant. a little. it sailing down a narrow passage south of coal blends with such little water in the river called the nation with oncoming traffic is essential

thought, acquiesced tony, coming down streams a bit bigger is sitting deeper into water. boy, he asked if we can slow down on it, so i don't move too much water to ensure a safe passage for him. the other by the thought you will either. patrick grew up on the water, his father and grandfather also seals carrying grain, fertilize and coal. but this summer presents a new challenge. would like to have our the mala i have to go slower than usual now, because there's not much water that. i mean, you can see that that might sound to worry me, it goes up and down, sometimes 50 centimeters and 2 and a half meters. petrik not only has to sail slower in order to keep the ship sitting high and the water, he has to take less cargo with them. this looks like a lot of coal, but the ship is 2 thirds empty and that's the real issue. rail

and road freight, i at the limits not a lot can be transported and economists expect a drop in production. the rights water level has struck to historically low level due to the lack of rain all summer. and it's expected climate change will accelerate the situation in the future. these satellite images show the difference between 2021 and today the skippers passing through a narrow passage at camp. but the river is starting to dry up here. rain is forecast for the coming days, but this will only provide short term relief while that if the, because the bank is not really dry and the sediment is cracked then. so the current doesn't absorb the water as quickly when the water, his, the sediment. it's simply runs off the top and runs directly into the remaining rebrand away. we might have a few days of high water levels and if you ship captains might be pleased, but then we'll be back again to where we are now. the ryan is subject to the forces of nature, says patrick, this little he can do to plan,

but he wants to keep going. as long as he can now, thundering gas powered muscle cars are for decades, been a fixture of american culture, with automaker dodge proudly among the flag bearers, and it still wants to be only but differently. now dodge unveiled a battery power charger, the toner, s r t concept car, which the company says is close to one that will be produced in 2024. as the sun is setting on some gasoline powered models, parent companies alanta says it'll stop making most of its gasoline powered muscle cars by the end of next year. fans of roaring engines don't need to worry though. a sound system is to provide the distinctive sound and his reminder of the top of business story we are following for you at the sour apple has warned of

a major security flaw that could allow hackers to take complete control over devices. users of i phones i pads, i max are being advised to update their software and that's are shown for more as usual. you can check on the website and d, w dot com slash business, and the d. w. news to, to channel. i'm chris kolber in berlin. thanks for watching. enjoy your weekend. is the end of the pandemic in site. we show what it could look like. return to normal. and we visit those. we're finding it difficult with successes on, you know, weekly coven, 19 special. next on d,

w. we've got some hot tips for your bucket list ah magic corner hotspot for food and some great cultural memorials to boot d w. travel off we go. ah, many people can only make ends meet in the cave if pandemic, by somehow supporting themselves. people on low incomes often fall through the cracks of politics and the authorities. this week will be showing you some successful social projects in argentina and colombia, and will be asking how to get the balance rights between cautiousness and belonging for a half way normal life in the face of continuing high and.