and before we go, let's get a reminder of the top story we're following for you at this hour. the russian general in command of forces in ukraine has made a rare admission that russian troops are under pressure in eastern and southern regions recently cleaned by the president as annex cheese update us as our coming up next is a dw business with rob watson state for that or check us out online. d, w dot com and claim richardson in berlin from the team here. thanks for watching. with dave and again, all the harvesters are immigrants, dolock is that everything you enjoy, eating at home with your family, was harvested by people who are being exploited. then i d 's for free, and we're going to need durham can,

we can keep doing what we're doing and that's why your green revolution is absolutely necessary. europe revealed the future is being determined. now, our documentary theory will show you how people, companies and countries are rethinking everything i'm making make changes of europe revealed starts november 3rd on d, w. ah, ah, me, you attempt to unite over energy. the european commission has set out proposals to help the block through its gas price crisis. will they be enough to bring members states together? the dollar goes from strength to strength,

leaving other leading currencies in the dust. we'll look at the impact around the has a historic drought ravages the american south west. we ask local pharmacy how their coping in the extreme heat. this is data we a business armor was in berlin. welcome to the program. a plan to see europe through the wind european commission, i set out proposals aimed at reining in, surging energy prices across the you among the ideas put forward by the commission as the signing of joint gas supply contract. but not included in the cap is not included is a cap on gas prices. the idea has split member states with germany making its opposition clear. it doesn't want to scare off is new suppliers. you leaders. we'll discuss the proposals later this week or to explain more about what the european commission is proposing. here's our correspondent and brussels. terry schultz. well, european commission,

chief ursula vander lion is pleading with countries to cooperate more in bringing down energy prices as we head into winter. now, what she made her priority in the package of proposals she unveiled to day was that countries make joint purchases of gas. she says when they're competing against each other, for gas contracts, it's just driving the price up for everyone. butter lion says this will also be an advantage for suppliers if they get larger contracts. and she's talking about reliable suppliers in her words, and she, she means norway in the united states, primarily as the european union tries to further limits dependents on russian imports. now the other thing that she would like to see happen is putting a cap on what they call the dynamic price of gas. that would limit fluctuations on price in the market. and she very much hopes that both of these proposals will be taken up by you leaders later this week and approved. but one of the measures that is missing from these proposals is the cap on the price of gas. as some member states have been calling for, why has the commission has stopped short of yes,

for the reason that you just mentioned, some member states are calling for it and some of them, namely, germany are against it. there is no agreement on capping the price of gas, and therefore the proposal wasn't worth mentioning today. it when are slow andre and unveiled her new package of proposals. again, as i mentioned, they're very much hoping that these proposals will be approved by leaders meeting later this week at an e u summit. and that then energy ministers can hash out details on those proposals that will get agreement. the price kept on gas is something that will need more negotiations. but i think that ursula underline is very much determined to see that happen. okay, more to come on this later in the week and terry schultz in brussels for us. thanks very much. moving on in recent months, the u. s. dollar has been going from strength to strength is risen. 18 percent against the basket of key current is since the start of the year, the federal reserves aggressive rates hikes intended to control inflation. having

a major effect beyond american shores, as long as they are a current, there's a need for people who can fix them. but in this repair shop in nairobi, one of many in the neighbourhood times are increasingly tough. the business is struggling. customers are unhappy. the cause, the strong us dollar and a relatively weak local currency, which is sending prices through the roof. sometimes you find that they say increase of about 10 to 20 percent in their cost of a fair fund within a period of maybe $5.00 to $6.00 as 6 to 12 months will ship. why not expecting for us? like now? we are in wholesale and retail of pots, and you find that most of the customers complain a lot just down the road paths dealer albert j feels the same pain we are continuing to to lose. if i used to pick my children to hardy this week, i don't do those had holy does anymore,

because i am the of the equally sheely. it's a phenomenon which is hitting small businesses around the world across all sectors . in istanbul, chill out cali cells, infant clothing and diaper bags in his 2 shops. the letter was in the ali purchase material and paper manufacturing in u. s. dollars, but we sell in turkish lira. that's the problem. it's why kelly has to raise prices for turkish customers who have to pay him in the degraded local currency. arising, dollar is causing pain overseas in a number of ways. it makes other countries info. it's more expensive. it forces central banks to raise interest rates to defend they currencies and keep money from fleeing the borders. it squeezes companies, consumers and governments that borrowed in dollars because more local currency is needed for loan repayments and those high borrowing costs. we can economic growth and drive up unemployment. let's discuss how we got to this point with our

financial correspondence in new york, teddy, australia, teddy, i just remind us why the dollar is so strong and has been for the past few months or as they say, the dollar always wins, no matter the state of the economy, but right now the dollar really does seem to be raining supreme. well, 1st thing to say is that the dollar, of course, is the world reserve, currency 40 percent of transactions are denominated in the dollar. many commodities are price in the dollar. excuse me. our price in the dollar and, and, but for us, for the recent surge, what we're seeing is that federal interest rate hikes are encouraging foreign investors to exchange for greenbacks. and we are also seeing that the crises around the world, such as the energy crisis in europe, such as the supply chain crises and the threat of recession is encouraging people

to invest in the dollar. because it is seen as a safe haven, a pillar of stability and security in a struggling world. are you just saying i report some of the drawbacks for other countries when the dollars is so strong, but presumed rios, they're rise challenges for some u. s. companies. if well, if you're in america, taurus in japan or the u. k, you're having a great time right now. everything is cheap. that's not the case for all america businesses. if you're an importer, things are great, things are cheap. however, if you're an ex border or if you have international operations, you could be seeing some losses that because all these goods and services of course, are more expensive in foreign countries and we're seeing fall and demand. we have already seen some multi $1000000000.00 hits. in some cases, a lot of companies are suffering ideas, johnson and johnson. and if the dollar continues to serge, it's likely we're going to see more of this for american businesses. ok to the

australia on a very busy floor of the new york stock exchange. thanks a lot. now let's take a look at some of the other global business stories that are making the news. exxon mobil says it has completely left russia after president putin expropriated its properties. the move from the russian leader followed months of discussions next on says it was not compensated for the assets, which i estimated to be valued of $4000000000.00. a russian court has find live streaming platform, twitch, refusing to take down what moscow calls inappropriate content content relates to russia's invasion of ukraine to which received to fines totaling $120000.00. same court has also submitted promotion against wikipedia. large financial institutions have increased their funding to companies responsible for deforestation around the world that's according to the forest and finance coalition. the angio says that

such financing grows over 60 percent to 47000000000 dollars last year. and philanthropist mackenzie scott, who was previously my a $2000000000.00 jeff bezos has pledged to donate nearly $85000000.00. the girl scouts of the usa in 2019 got promised to give away her entire fortune so far. she's handed over $12000000000.00 to various causes and to relief efforts in ukraine. staying in the restaurant and extreme drought is changing the part of the united states landscape along the colorado river lakes are drying up and once 1st, our land is becoming parched. as this report from arizona shows is our traveling times for the regions farms 48 degrees celsius with no sign of rain in sight. then that's worrying nancy kaywood. she's watching her land roy up before her very eyes. it's only received

a 3rd of the rainfall. she needs to stay in business. everything was dried out. there's land across the canal bank, straight to the east. and i'm all about is out of production. because we just don't have water availability. less than half of our farm is in production. all we can do is watch things dry up. the reason the colorado river is running dry. climate change is causing less snowfall in the rocky mountains during the winter. and had means less water for the river come to spring for putting pressure on 40000000 people across 70 was states and mexico. the heart of the problem lies in lake, meet the country's largest water reservoir. its water level continues to fall and it's difficult to create a collaborative outcome when you have 7 states, a foreign country, mexico, the federal government, local governments, next year we will take 21 percent reduction in our water supply. mexico and nevada will take reductions, but california still will not take any reductions. hydrologist warned that such

droughts will likely become more common and more severe in the future. personally i've, i believe that not enough people take the idea of climate change in human induced climate change. seriously enough, water is a limited resource. ah, many political scientists say that it will be a battle ground in the future. ah, the lack of water creates political instability and um, the potential conflict due it's, it's like, is this the most recent update to the u. s. strong monitor revealed a startling figure. nearly 82 percent of the country is facing abnormally dry conditions. if not worse. the highest percentage since the drop monitor launched in 2000 and just lastly, cut our i always is withdrawing flight stories international airport. not because of strikes or lack of passengers, but to make space a world cut fans. the airline is halting services from 18 destinations in order to

accommodate the 1200000 visitors. they expect to welcome for the full time and next month. expose person for hammered international efforts as more than 500 commercial flights. and hundreds of charter and private jets are scheduled to land each day. that's all for me in the business team here in berlin for more to head over to our website to see to we have com slash business. you can also find on the dd and use youtube channel and were on facebook as well as peter weve. tough business for me and the team till next time to take her in good shape. men are just about muscles and testosterone, a rental function. what can

boost performing? and when should men seek medical help? time for a closer look. in good shape. on d, w. the galapagos islands a natural paradise that seems almost on tuffs, but pollution and over fishing are threatening the franchise. ecosystem. lion says are investigating the causes and joining forces with local people to facile species extinction close up. in 60 minutes on d, w. o. in many countries, education is still

a privilege. tardy is one of the main causes. some young children walk in mind troughs. instead of going to class, others can attend classes only after they finish working with millions of children all over the world can't go to school with. we ask why and because education makes the world more, just make up your own mind. d. w. made for mines. ah hey guys, so we all know that you're 5 at fixing stuff. you're brilliant behind the wheel. you don't like gray cowboys and you slay at 4. but did you also know olive oil helps improve sex drive test.