8 years ago that before we got his vermont at the top story, this hell. but keep running and russian authorities are still working to evacuate people from time to be trained, effective by flooding after the destruction of the massive cock of give them some 40000 people lives in the top right. coming up, look at the economic optima from the destruction of the truck of good that that's on the date of the business with my colleagues. run what's coming up after short break, stay with the discovery issues or thoughts. see what the

interest of the global economy portfolio dw business be. here's a closer look out the project. to analyze the flight for market dominance. with dw business beyond the, to another hit to ukraine's power supply. russia has been targeting the countries energy infrastructure. so as of the collapse of the comp cut down, how much more common ukrainians take? heavy rains of damage to china is weak tavis loss in fact, where they've have on the was rain supplied. i'm for mobile street,

executive half is a guy a. com is that to be to okay, space central bank governor in for yes, but does her appointment signature change in direction from present? that one is the state of the business. i'm a box invalid. welcome to the product. the destruction of the cost cut down in ukraine is proving on environmental and economic disaster. that's why there's thousands of people being forced from that homes that represents another blow to your trains. energy infrastructure, much more money, heck, to as a farm land now under water and manmade disaster unfolding, the destruction of ukrainians control, cut them is going to bring about far reaching consequences. of course, the initial initial estimates showed that the last stretch of agricultural land would be affected by the flux on the ukrainian has the right bank of the can you probably, but i'm you're creating an agriculture ministry,

says the incident with likely cause interruptions to the water supply or for critical irrigation system for fields in has some and other nearby regions that the regression system provided. water supplied to a more than half a 1000000 hectares of agricultural land, which used $4000000.00 tons of grain and oil seats, worth $1500000000.00 in 2021. the extent of the damage is still unfolding. fees are hundreds of thousands among ukraine's already brought to its civilian population may be left without their homes, water, electricity, or other access to white to the infrastructure in the past on region. besides a truck on the global foot secretary, once again is imminent or we can now speak to august the code of a deputy director of european energy security at the atlantic council. thanks a lot for joining us. so can you just explain to us what the implications that's the are of the collapse of the cost,

cut them for ukraine's energy supply. thank you for half a me, overall ukraine's energy system once again means extremely resilient. following this tremendous chair is asked by russia, but there are some significant input regional implications. for example, of course, this gnostic clean energy available energy generation is now when you're completely taken online, why would take millions of dollars to repair it if that is, that is the course that's taken. a stream of some of the hydro electric production is somewhat impacted, but it's just mostly about adjusting, adjusting some of the pressures adjusting of the system. so overall upstream hydro, that's still i'm that is still able to function down the stream. of course this, this app has cost flooding and some of this flooding is impacting some of the regional power plants that are, that are on, on the pathways. i suppose the most one of the most significant implications is

access to water. we're going to see close to a 1000000 people being impacted by sort of just to water. and of course, there's going to be thousands of people last and already left with out of juices and thinking into the short term to long term needs. ukraine will very likely need higher amount of energy imported from here are your venture. this is a terrorist acts by russia, and there was a lot of put things in place. the rest of it happened in, in a russian controlled territory. it looks like it was caused by some sort of explosion inside at the time. but we should stress the, the actual cause of this hasn't been fully established yet to have. and, and the russians are accusing the kind of the ukrainians of, of carrying this out. but nevertheless, attacking your trains, energy supply, that is part of russia's strategy for this war, isn't it?

yes, they couldn't win on the battlefield. so then the charge of the storm increases people over the winter, and now they're trying to drown ukraine. and they're, they're trying to choke off the konami's potential in massive parts of ukraine. this will have shooting potations on the agriculture uh and being able to, to water crops, not just in that region, but across the borders assets crate. which will tremendously impact what, not just you preexisting. i mean, uh, potential to generate income from this. this will have global implications on food shortages. there's also going to be implications on the tray that you probably won't be able to do to new pro. um, because because of the conditions um right now, and it just security is obviously your, your specialty. so tell us how many incidents like this can ukraine with stand intensive, united maintaining, as i mentioned, security is, frankly, this should be the last incident out there with what the international community

knows into, in terms of how dangerous russia is. ukraine can only be resilient for so long without broader additional international support. knowing what we know now in terms of what rushes willing to do, the level of damage, equal size and genocide, and the level of suffering is willing to influence on ukraine. we should be prepared and avoid worst case scenarios, your grandson, and warning about this damn being mind since last year since last fall. so this information was on the table and there are multiple calls to say we need to present the worst case scenario. literally the thousands of potential people in homes being flooded the territory, the settlements now they're being effective. all of this was projected last year. so what do we do now? and i think we'll have to look at what is the next possible disaster that you are responsible for in this course itself or asia. so right now, although even in the current wire that's coming hundreds of are isn't sufficient.

that are alternative ways to keep calling all this information power plants so immediately that those that aren't immediately high risk of a huge disaster happens immediately. but as long as it's under russian control, we are not unsafe. the plan does not say the reach is not saved, europe is not safe. so we must do everything in a power to assume the worst to assume that once again, there will be negligence and that russia will choose violence and genocide. and the same will take the risk of doing something, another intervention to them. so therefore, the international community needs to do everything to prevent this happening and particularly making sure that as a parisha power plan is safe. okay. okay. the from the atlanta accounts has been interesting to get your perspective. thank you very much. i as we talked in the past about ukraine's crucial role in supplying the well, it's weights. but actually the gloves biggest producer is china, and that one is not well the harvest it should have already been brought in by now

. however, extreme weather has taken a heavy toll on this is crump. these harvesters are having a hard time doing the work here in center china who non profit paper rain has solved the ground. and even worse, it's done the severe damage to the crow, to the u. s. which is basically the failure. the tools with you can see that no beat this problem. yeah, that's 300. that's because of too much right on the right from the computer down to the 3105 machent isn't sure where the receiving worth harvesting at home is we won't be suitable for human consumption at best. it will be feats for life. who non produce the toad of china? sweets, but the weather has been most of the crops in the phone area says this phone book, keeping the truck up to read the crap has prompted. even though it's not quite as

bad. that's the problem. whereas the harvest probably noting target isn't really even in good use, china can cover its own weakness. experts say the country with massively increased reading ports now, which will affect the anti war tweets right in ports of wheat into china already going up. last year they were one of the biggest in the world, and the amount of imports is already rising. if there's damage to the crop, and we're still figuring out how much it is, then it's likely that china will need to increase of the imports next year. so that would obviously have an impact on global prices in an impact on global markets. and it's not tony china, australia to is expecting of baths hop. me to over just say 2023 will be under the pedals and new. the extra and weather phenomenon that brings lots of heat and humidity all caused by climates. let's take a look at some of the other global business stories about on making the news.

argentine has complainant slot is to have a domestic debt swap, lowering near to him, obligations by $30000000000.00 and for spinning payments until after national elections late to this year. the countries strange public finances have been recently made worse by triple digit inflation, and a weak local currency to estimate what life and it's charging that work to cause from rival general motors in the us next year. the deal means gm vehicle owners can use tests as 12000 cycled super charges test to see the law must capitalize to make the company's infrastructure available to other electric brands that take his present ridge of type. other one has a pointed phone. the wall street, the executive half is a guy, a con. as central bank governor, the phone, a, goldman sachs manage is the 1st woman in the job. she'll be dealing with the cost of living crisis. after years of orthodox economic policy took a has one of the world's highest inflation rates as just like 40 percent last month,

according to official figures. last and the icon from investment bank, the nomic. yes it. and what we know about half is a guy comes likely approach to monetary policy. we can know that she has a good background, especially with relate to fit the risk banking system being at the top management of a top economic institutions in the us financial system. and renewed that so west and markets so no, it really well. and she will have a good reputation on like producers and who performed on orthodox economic policies just before the so we know that the after the elections east around on their point of mistakes intersecting the new and the finance minister. very she and was expected to be the next uh, central bank cover, nash make the framework off the ship from new economic policy background. and what

is his background to the rational basis in the economy in order to fight inflation . so the managed ones change in the economy and the bill brink is some more tests formation of the policy is performed on like the last 20 years policy is we will see some a we talk to orthodoxy. economist and back on that now astray layer is taking up a stink of a cheese naming request in food and a food fight with the european union. the you once australian produce has to stop using names like delta and festa for their own products as part of negotiations for a free trade agreement. but the uses, these can only be used on the european original incentives. those are given australia or a list of more than $400.00 product names that it wants to change, including per seco and palmer. a muscle for me in the business name by

the ego in the sand. a crucial resource for the construction industry, but also for the environment. for years in the legal standard, mafia read on the moon or river endangering del evening source of drinking water. is there a sustainable alternative for this precious resource? on dw, the journalism wilkerson overcoming divisions for the dw global media on

2023 in germany and online the increasingly fragmented world with a growing number of forces digital. the amplified where this clutter can lead. we really need to overcome and divisions into vision for tomorrow's journalism register now and join us for this discussion at the 16th edition of d, w's global media forum. the every where you're going in the i, you will find a construction site like this and mountains, a center hello and welcome. i'm sorry, got the body annual watching equal india. and today i have a.