there were golds of plenty in frances, when over australia, the result puts the world champions 2 points clear after just one game. shanicea held denmark to a score to straw in the groups of their game. you are watching d. don't use lie from berlin. business is next with my colleague, bank physician, and he look at investors and consumers giving beyond meat. a grilling? don't forget to stay up to date on all the latest news on our website, d, w dot com and follows on our social media cats. i'm probably yes for me and the team here blend. thanks for watching. take care and i'll see you again at the top off the next there. ah ah.

with mm hm. ah, ah, global growth is said to take a hit next year. the we cd blames decades high inflation. it urges governments to take more targeted action and central banks to only tighten monetary policy when necessary. plans faced burg amaica beyond meet takes

a battering on the stock market. sales slide, news reports dentist, reputation and agree away to grow grades with a company in sweden, running vertical farms inside supermarket. hey, i've been for solon, let's do business. the organization for economic cooperation and development says world economic growth will slow sharply from a modest 3 point one percent this year to an the 2.2 percent next year. it blames high inflation and warns of serious head winds, including rising interest rates, surging energy prices, and rushes war on ukraine. an end to the war in a just peace for ukraine would be the most impactful way to improve the global economic outlook right now. until this happens, it is important that the government deploy both short and medium term policy measures to confront the crisis to cushion. it's impacting the short term by

building the foundations for a stronger and sustainable recovery. let's crunch the numbers with our financial correspondence quarter. in new york, yes. the i m s reason the outlook was somewhat harsher. it is this forecast from the o e fia array of hope? well, i would not say that it's a super bright, but it's at least it's not so much a doom and gloom. what we heard from the i m f last month. i mean back then the i met was saying that next year is going to be a few really painful. the worst is yet to come. so that really didn't sound that promising. at least the always to be saying that for example, when it comes to the supply chain. so there is some improvement that is one or that was one of the big reasons, also for inflation here in the united states. and then over all of europe does seem to be a tougher spot. we already know that from the last month, specially with the dependency on energy imports. and that is

a bit brighter here in the united states. the country is the biggest producer of oil and natural gas them on the planets, all that does help and bits even. so here in the united states, if there is any growth, it will be minimal at the best. and in other news, the u. s. supreme court has cleared the release of donald trump's tax returns to a congressional committee. well, let's see what that's going to change. i mean, 1st of all, it's probably important to point out that the democrats will lose the majority in the house of representatives early next year. so now they could get the tax return and said before power as switches. and what we mean to be open is what the house is going to do with the information that they get from the tax returns, if they eventually will get it. so there's a lot of things unclear,

but one thing is for certain democrats probably will try to get some information out before they lose control of congress. i think we can all get on that. yes quarter at the new york stock exchange. thank you very much. now some other stories making use attorneys for the collapse to crypto exchange f t x say it was a run as a personal fif them, a former chief executive sam bagman free. it's 1st bankruptcy here. it a detailed, ongoing challenges like hacks and missing assets. lawyers say the company spent $300000000.00 on properties for senior staff. in the bahamas, a big sponsor of germany is well comp squatting cut, eyes ending its partnership with the german football association. supermarket chain haver blames the association for capitulating to faith, is threats to punish teams wearing arm bands in protest of cut us laws against

homosexuality. investors have been giving beyond meat a grilling shares in the beacon. burger and sausage may have some more than 80 percent over the past year. important deals falling through with several fast food chains. now lead photos, so mold on containers and boxes of the companies factory in pennsylvania and leaked documents reveal beyond meats. products were contaminated with toxic bacteria. allan, was a man, is found a and managing director of the consultancy changing tastes. so what's gone wrong over beyond meat in your opinion? well, this week's headlines aren't great, but it's really part of a 2 or 3 year story. the company did great in launching products and defining the promise of plan based meet our lots. during coven, when us consumers have the chance to buy their products and bring them

home and eat them several times in a row, perhaps in a week or 2. i think that the, their nature as a processed food with a distinctive flavor. they kind of were out there welcome at the dinner table and didn't ever reach that goal of being something people might need 2 or 3 times a week compared to the beef or chicken or pork. they intended to replace. they kind of play just one note where real meet absorbs flavors, seasonings marinate. you can cook it a lot of different ways and people found out just wasn't an equal substitute or equal exchange. what about the price? i mean, $2.00 more per pound than lean beef padding, for example. and sales dropped 43 percent last quarter of the prior quarter. the company blaming a challenging macro environment, but everyone's facing that right now does,

does the company need to bite the bullet and, and lower prices further? so there's 2 different things going on, right? it's not just one quarter and declining sales. we've been tracking consumer purchasing and 10 around protein choices and consumer purchasing behaviors and eating behaviors. and it was almost a year and a half to 2 years ago that we saw the decline in volumes starting to build where core products were not becoming repeat purchases. catalogs is that it has a smaller environmental footprint than real meat, which is fingered as one of the major causes of greenhouse gas emissions and climate change and in the us, but not just in the us. the increasing severe weather and drought has red ribbon that has driven up the price of animal feet. so we're actually in a liquidation of cattle hurts right now in the us,

which is driving down beef prices while driving up some of the ingredients that are needed and beyond the i don't think they can bite the bullet and cut their margins over and over again. to be a viable business, the reality is that i'm a change over the short term is causing ranchers to sell off cattle because it's too expensive to keep them alive and grow them now. and that means there's a lot of beef that is practically being given away close to the feed lot. and so that's a part of competing in the protein market. so we're going to happen while we're more competitive joining the plant based market. is this going to lead to consolidation? i think that consolidation has a different flavor, every pun intended. here some of the independent startups i think, are going to be challenged because they don't have the efficiency of their sales and distribution and purchasing volumes for commodity products. and i think the big

cpg companies to get into plan based meets, are going to find that they can absorb more volatility and are also in some ways insulated against him. the other thing is, no i, i keep coming back to climate change beyond me and a few of the others initially built their products around some ingredients like yellow p protein isolate. and we're finding that there is susceptible or climate change or crop problems. yields in canada, we're down to 50 percent last year, so prices went way up as the hey that you need to feed a cow. the cpg companies that are in your multi 1000000000 dollar global brands, national brands are getting in are doing a different ingredient label. they're using things like so i concentrate which i know beyond is moving to now and so it's possible that are a little more widely planted and not as sensitive. but i think that

a big company is able to weather volatility. beverly a little one, we just happen to be talking about parent base needs. we could be talking about clothing for electronics and we can say the same thing in an unprecedented economic circumstance. you want to allen was a man from changing tastes. thank you very much. shy, well agriculture is one of the biggest greenhouse gas emit his while wide, putting it at the center of global debates around climate change. but a start up in sweden is turning conventional farming on its head. ting is not usually the color associated with farms, but it's high time to rethink how food has grown. most farms might still be rural, others, some like an air conditioner and sit in a supermarket. the latter is the solution for a more sustainable future. according to start up sweet green. they run 8 so called vertical farms and grocery stores across sweden of you're not farmers. we are an

act that companies and we have developed a solution for producing food in a hyper local sense in supermarkets and restaurants and grocery stores. thanks to hydroponics technology crops like bees, old dill, and let us are grown just 200 meters from where they're sold. the new technology means no fields, no pesticides, no transportation, or food in general travels too much. i mean being pork a lot of food from different places, on average. it's 40000 kilometers that food flies or travels or takes train 2 or plates. and this is an answer to that. plants are grown in small fiber boxes, made of rockwell experts say this makes food grown and vertical farms safer. farming inside a supermarket also means being more energy efficient. according to sweet green. and reminder of the top business stories by following foi, the organization for economic cooperation and development says world economic

growth will slow from 3 point one percent this year at the 2.2 percent. next, it blames high inflation and more serious headwinds are on their way, including interest rates, energy prices, and rushes war you cry. and she hasn't begun. burger and sausage make it beyond me . have slumped again. photo showed mold on containers of boxes as factory. i've been fooling pies doing business with africa with climate change, with lighting the lives of ivory coast farmers. their crops are especially vulnerable a possible solution. i grew forest tree more and more farm as a warning up to it. but how sustainable is this new system of pico africa with the next on d,

w the crime scene as a highway outside kid. the victims are ukranian civilians. but to all the perpetrators, investigators find clues, leading to a notorious russian army unit. reconstruction of a war crime, death road in 45 minutes on d. w. ah, ah, with matt she's said, can i get the country out? she must girl with an increasing number of women in latin america, of guessing federal venue to stop murdering and depressing a. net fighting against sexism, violence,

and full access to abortion. pressure from the street has already proven successful, but opposition live on the rise pads off with my cheese dos, november 25th on d, w y o. a nature offers us many resources, but we don't always use them optimally. son.