what's next for european farmers also coming up camp sites in denmark, fill up as people flee the high cost of heating their full this winter, and great expectations. india's largest winemaker fil a vineyard goes public on hope that economic growth will what the nation thus ties for life minor things. this is the w business unpaid ferguson, thanks for joining me. e. agriculture minister is our meeting in brussels to discuss the state of the food and fishing industries across the block. the gathering takes place against the backdrop of russia's war in ukraine, which has caused major disruption to food supply chains and contributed to soaring energy prices. a common sight in grocery stores across europe, rising prices for vegetables, bread and everything else. after 2 decades of 1.5 percent inflation prices this year, half risen around 16 percent. farmers, however,

don't reap the benefits for my, our prices. that sounds nice, but our costs are up to so we need higher prices just to cover expenses, won't cost you often breaking to criminal case in point fertilizer for the war in ukraine. prices roast drastically. same for the price of diesel. the farmers main power source times a rough and agriculture building. i was guarded as a lot of uncertainty right now. it's challenging to make the right decisions. what's a good time to buy? to sell. it's easy to make mistakes, long term planning and stable prices. that's long gone. farmers are desperately hoping for help out of brussels for more. let's talk to our correspondent ben to lee got who has been following that meeting in brussels there. and it's good to see, you know, it's been a really tough couple of years for european farmers. what are they expecting from this meeting where they are hoping for more money to save bluntly and new

subsidies and more subsidies, especially for small and medium sized farms. and that is what the minister's at talking about. they want to take away subsidies from the bigger firms, which are not run by actually farmers, by owned, by multi residential trust or investors. this is part of a bigger reform of the common agricultural policy kept by the european union that kicks in next year, and it will be there for the next 6 years. and this reform also includes more of the building, more look to interim environmental criteria. so the fans should use less energy the found the should use, the produce less emissions and it should be more sustainable. and if they do that, they get more money. they do the subsidies and not allocated by hector's that

you're farming on any more. but more on the search green criterias if you wish, and this is part of the green deal. the greening of the you are in the light of climate change. and this policy is very important because you have to keep in mind that the agricultural policy is still the heart of the european union. 40 percent of the budget are going to farms that is $45.00 to $50000000000.00 euros a year. now about this meeting is taking place against the backdrop of global 30 crisis, which is really been intensified by the war in ukraine. how high is that issue on the agenda here? where the agriculture ministers earn talking about this, but they are not directly involved because the, the grain deal between a russia ukraine is broken by turkey in the united nations. but the, the agriculture ministers maintain, of course, that it is very important that rein exports from the black sea regions are

continuing because this keeps prices on the world markets a day. and this is also good for european consumers, of course. and the agriculture ministers also say, and of stress that there are no sanctions on russian foot, exports or imports. so this is not the story that russia is telling always. so there are no certain there are no sanctions, and there are no sanctions on fertilizers coming from russia that are exported to less developed areas in asia, africa only exports of thought allows us to europe a band. and the russians also claiming that this has, this has to be loosened, but i guess that will not happen anytime soon. and for the band, is there anything concrete that's likely to come out of this meeting where the concrete decision that is sir, do today is the that about fish corridors. it's an annual exercise in the european

union. how much fish can fisheries catch in the mediterranean, the baltic sea in the black sea region that is decided to day? and there still a long night of negotiations, negotiations ahead because they are fighting for the interest very severely. the fisheries, on the one side, and nature. preservation on the other side. all right, then he got in bethel. thank you so much. nathan, of the other double business stories making is china is further easing. it's pandemic. restrictions with citizens no longer required to track their movements via an app. many travellers had been forced into quarantine for visiting pandemic hotspots. the decision comes after rare protests against china's restrictive upon that mac policies. britain's economy rebounded slightly in october, but the figures are unlikely to change analysts expectation for a bleak 2023 major this week. the bank of england looks at to raise interest rates

again in an effort to contain inflation. currently as 11 percent, the value of the russian rouble has dropped slightly after recouping some of its losses following, and the western net oil price cap. analysts say inflationary pressures could push the ruble down further ahead of the bank of russia's great assessing meeting on friday. microsoft is buying a 4 percent stake in the london stock exchange group. the deal is part of a 10 year partnership focused on data analytics and cloud infrastructure. as part of the agreement, the london stock exchange has committed to spending a minimum of $2800000000.00 on microsoft. clyde related to products. now india's largest winemaker and seller is going public. shares of sula vineyards are set to go on sale today. the owners are shedding a 3rd of the company valued as

a $116000000.00. wine is still an acquired taste in india, but as we'll see, our next or force growers are hoping to learn customers with the full video art experience. talk a wine tasting at sula vineyards. it's an experience that still rare across india, but one that sula hopes to make more common in the coming years. the wine producers located inasmuch a few hours drive north of mom by it's an established name in india's tiny but growing wine industry. it says its market share as a whopping 50 percent c e o regime. samantha boast that wine is on the way up in india. weinstein has come if you see consumption fact owns, especially in the biggest cities in india, the metro's, more and more wind being consumed more and more people switching over to wine and new consumers. and especially women who are, you know,

generation back women just did not drink in india and today that's really changing fast. so man hopes that potential boosts solis i p o. the company says revenues are growing. it's portfolio includes 13 of their own winds and 20 internationals once associated with a wealthy wine is slowly gaining popularity across india. shiraz is a public favourite clearly bag. then i see that their target market was the high society. it was never the middle class, but now the market has changed. now it is thus fighting middle class, the, the urban population, every years, so many people coming into that the legal drinking in wine has a long way to go in india. that accounts for less than one percent of the market for alcoholic beverages were indian, still prefer liquor and beer and it doesn't help the taxes can bring the price of a bottle of wine to as much as a bottle of rum whisky. but for some months, the time is ripe for change in tastes. as cold weather heads, europe,

many people are getting increasingly worried about how to pay their energy bills. this winter in denmark, fears about the cost of living crisis, have even prompted some people to move out of their homes and into camp sites. instead. the savings on energy might be significant, but for many, a shift and living conditions doesn't come easy. despite the wintry gray skies, every spot in this camping ground is taken. like many other danes, john peterson, saw no alternative but to permanently move here. the one off government hand out of $800.00 euros, wasn't enough to cover his bills. he used the last of his money to buy an old caravan. oh, go home below it, leave i go. i used to have a little terraced house and asked them on trim island, but my gas bill rose to over $470.00 euros per month. per month and my rent was $570.00. i'm unemployed and i can't spend more than 1000 zeros on living and

heating. i just don't have a damo. the i the camp site is run by susanna pasco, foreigner. she says many deans simply can no longer afford the cost of living. she receives up to 15 requests for a camping spot per day and says, the number is rising remains because i'm buying, i had a disk, it law to people who call me on a very bad way. some of them have never tried living in a caravan, maybe once in a vacation. but there is a big difference between vacationing and a campsite and actually living and one. unfortunately, we're good at making them feel welcome and esl and quickly, but it's not ideal because they're really wants to be somewhere else. lena anderson social worker has been living here since her divorce last year. finding affordable housing is difficult in denmark. lane is on a waiting list. skyrocketing energy costs are adding to her woes. she's worried about a harsh winter, and the fact that living on camp grounds permanently is actually illegal. but for

now, the danish authorities are turning a blind eye. offends, go vascular. gov is a couple here. what am i supposed to do when i called live here anymore? what will become of me? yes, i have friends who i can stay in touch with, but i won't be able to cope. i am an adult. i don't want to sleep on someone's couch. as the motion. yes. can you just kicks alcove? susanna pasco, furna is happy that they're still social cohesion at her campsite. she wonders if it will last, because the energy crisis is far from over. and finally, tourists are returning to the little town of bethlehem this christmas season. after 2 years of pandemic closures, the church of the nativity and the separate field are among the side straw and crowds as many as 2 and a half 1000000 tourists visited bethlehem annually. before the pandemic, a boon to residents and businesses in the area shopkeepers, they visit numbers are still down, but expect and even better here in 2023. and

a reminder at the top is the story where falling for you this hour he, you, agricultural ministers, are meeting in brussels to discuss the state of the food and fishing industries across the block. the gathering takes place against the backdrop of russia for you and that's all for me in the business team here in berlin for more to head over to our website, w dot com slash business, or the dw youtube channel were on facebook as well for me and the team is good bye . ah ah, with

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