ah, african nations can put a 3 day summit into a car looking for solutions and funding for a dramatic hunger crisis threatening the lives of millions. also on our show, the driver was tractor as they pulled possible solution to labor shortages on european farm fields. we'll take a look welcome to the show, and we began in turkey where the country's central bank is predicting a slower pace to rising prices in 2023. it's now forecast an inflation rate of 22 percent for the year. analysts, however, still expect the rate to stay well above that projection. the official figures for inflation standing 65 percent at the end of last year, after hitting a record high, 85 percent in october. rising prices have sparked a cost of living crisis in $30.00 days ago, president recipe type air to one, so the country will hold new elections on may 14th. or if

i'm on this, i'm joined by my colleague akram equity here. and so you, i, from you and i have talked about the number of times inflation in turkey, a constant theme, but a very serious one. nonetheless, this production of 22 percent, when we saw 85 percent, these are the official figures, which we make of that. well, we should probably ask central bank president himself because this seems to be an over estimation at best. and this also means in practical terms, that turkey end of the year with 65 percent inflation, right? so that means that you foresee a 40 percent decrease in one year official, right? and that's just the official just official. we've also talked about as you remember, the other academics and research groups, what they say about took place, which is at least $23.00 times higher than official figures. but let's stay with the official figures. and let's say in turkey, in such global economy landscape, the inflation will fall over 40 percent in one year. well, this needs

a lot of explaining to do 5 central bank president. we've also talked about air, the ones insistence on cutting interest rates to boost growth. and he said that even this would help lower inflation rates always in the opposite. we've seen the inflation rates have gone higher and higher and higher if we're now taking a 22 percent official inflation. does this suggest that maybe he will then revert back to conventional thinking on this? and maybe there won't be continued cutting and inflation rates for interest rates are. well, there is so far, no indication for that. but what we remember is that at the end of 2020 to the central bank, president said we have entered the cycle of cutting rates. so the interest rate based interest policy rate is 9 percent right now. it came from 90 percent in one year as well. there's another thing at stake right now. they took selections which is going to be held on the 14th of may and we are now entering into an election economy rather than the usual. you can consider this for out of the one as

a war time economy. so if you look at turkey, the, there's an enormous spree of public spending. the age limit, well, for retirement has been abolished, so a lot of people will get their retirement premium pension. right, yes, and there's a lot of cash aids to, to low income families and are the one is doing everything with public spending right now to win the hearts and minds of people because the elections are very, very critical for him. and one more thing to add to this, we will see the effects of this, of all of this is this rate cuts and the enormous public spending in the quarter to your quarter to so in, in the light of all this picture, this prediction of central bank presidents like i said in the beginning, because at best it's an over estimation and wishful thinking. all right, i can make a g d w business. thank you very much. and we go now to some of the other

girl business stories making headlines. japan and the netherlands will follow in the footsteps of the us and restrict exports of semiconductor manufacturing equipment to china. restrictions would concern nikon n a. s a s m l, respectively. the step would ensure that u. s. manufacturers aren't alone at a competitive disadvantage due to the policy of speaking of chips. annual revenue at intel fell 20 percent in the past year. dropping to just over $63000000000.00. the company blames falling demand for p c's and a drop in the company's data center business. german tax revenues increased by 7 point one percent to $815000000000.00 euros in 2022. compared to the previous year, the government credited the pandemic recovery and a strong labor market. however, 8 packages in response to the energy crisis was itself triggered by russia's

invasion of ukraine dampened revenues. in the 2nd half of the year over the synagogue, where african nations have been presenting their plans to improve food security to development banks and international organizations. in hopes of easing the continents worst ever food crisis. getting special attention calls from war funding for agriculture among african countries, as well as greater support for small scale farming. the 3 day summit, the car comes as the pandemic, the war and ukraine and inflation of all ravaged global food chains and set prices surging. un says more than 50000000 people in east africa alone face acute danger from hunger and malnutrition. right. enjoy now by lawrence, her dad, he's executive director of the global alliance for improve nutrition. that's a swiss foundation launch more than 20 years ago at the united nations with a focus of mount attrition. lawrence, thanks for coming onto the show. first of all, how dramatic is the situation in africa?

hello, good to be with you. i've never seen at this bad in my, in my career, in my, in my life. it's the numbers of hungry people have used and dramatically since actually before covered and before ukraine that they were on the rise from 2016 onwards. and where they are now is about 800000000 people suffering from hunger, which is about the number we had back in 2005. so this 3, this triple combination of covert climate and conflict has turned back to clock. about 15 years. there's talk of reforming food systems at the same time that we're dealing with this kind of very acute crisis as you've just elaborated right there. um, how difficult is that to, to rebuild a ship essentially while you're still trying to sell it? you know it's, it's not impossible to do it, or there are things that, of course, need to be done to meet the short term emergencies. but policy makers have choices . they have choices to do things in the short run that also don't undermine the

medium run. and after all, we all live in the medium run. really, especially our young people. so we need to do things to make our food systems more resilient, more diverse, for example, very in the food system is very dependent on a very small number of energy sources. the food system also grows a very small number of different foods and we also grow them in a very small number of places throughout the world. we need more diversity to be able to prevent and buffer the systems and people from future shocks. when we say more diversity, where does that really come from? is there a lack of ideas? is there a lack of coordination? is there a lack of funding? where's the biggest need and there is a, there is a lack of funding. and for the 1st time we, we have a roadmap, we know what to do to get from a 100000000 hungry people down to 200000000. we know that hunger is the result of 3 deficits, a deficit of food, a deficit of income, and a deficit of piece. and so,

investing in agriculture is the best way to generate that food, but critically is the best way of generating agriculture for the people who need it the most. so then we need to invest in agriculture. are the international aid donors need to do much better? they need to double their investments, but also the governments of africa need to do much better than they're doing the targets. they've set for themselves under the african union process. there are woefully short of meeting it. is there also role for private investment there briefly if you can present vestments? absolutely critical, especially given that we have this road map of what to do at these 10 investment areas to, to reduce hunger. so we again, are working with a number of big private companies to say, let, can you realign your investments in africa around these to 10 errors? in doing so, you will contribute to your bottom line, but also to reducing hunger. or i that's lawrence darby's executive director of the

global alliance for improve nutrition. thanks for coming on to the show as well. the past year has seen farmers under pressure around the world, not just africa, from rising cost, the changing markets add to that labor shortages. but for that there's a possible solution in the works, driverless tractor, assuming a can find a reliable internet connection, take a look. driverless vehicles and machines that saw the corner and lampkin companies and vision the future in the fields. last summer, they had autonomous tractors work their test feels they had jointly working on developing a new generation of agricultural machinery. the engineers are driven by customers demand. they want to see self driving the hickle's in use as soon as possible. we're come, we're seeing a shortage of skilled workers, but we can make up for that with the help of autonomous vehicles. if there are few, our drivers,

our machines will have to be able to work by themselves at some point. the self driving vehicles are packed with sensors and small video cameras that register everything around them. the innovation lies mainly in the development of standalone software that controls the system. but on the left, if there's no driver behind the wheel, the autonomous machine has to take over. the corresponding software has to figure out, can i drive straight ahead now, or is there an obstacle in the way and i have to stop him as a result of yarmouth. modern treacherous, like that of pharma village lawyer, already have a variety of digital applications on board. what the farmer lacks is a powerful mobile network, often a pre requisite for driverless tractors. well, let's oh, i think we have to work out the basics 1st. what we really need is more by a connectivity at every corner of the forest, behind every mill crate,

so that we can reliably use these devices across the board. the either backing up, he is the machine used in a so called swarm. it's a research project run by the technical university of dressed and the idea one tracked our driver controls and monitor several field small machines that work together on the field. the swarm also needs reliable connectivity to successfully communicate more than 20000000 euros have been spent on the project, which has been run and tested on fields as well as the lab. and it includes new engine technology with farmers moving away from diesel and towards more environmentally friendly methane gas produced. for example, from bio gas plants, madonna, methane propelled engines are well developed and designs. we know how to inject methane. we know how to store methane, the technology is fully developed, we just have to implemented years of research have already gone into the

development of autonomy tract us. the next step is to get the machines ready for mass production. that's it for me and the business team will be back later with more headlights. in the meantime, you can find out about more about these and other themes on lines of you dot com slash business. check us out on youtube as well under the d. w. news channel. i'm seniors in berlin. this, roger ah,

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