rain supply. i'm farmable street executive half is a guy a. com. is that to be tough? case big central bank governor in for yes, but does her appointment signature change in direction from president? 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 as well as thousands of people being forced from that homes that represents another low t of trains energy infrastructure, much more money heck, to as a farm land. and now under water manmade disaster unfolding. the destruction of ukraine. coal cut them is going to bring about far reaching consequences. wanted to force the nubile initial estimates show that the rough stretch of agricultural land would be affected by the floods on the ukrainian has the right bank of the can. you brought over alone. you're creating an

agricultural ministry says the incident with likely caused interruptions to the water supply or for critical irrigation system for fields in has some and other nearby regions that do regression system provided water supply to a more than half a 1000000 hectares of agricultural land, which unit $4000000.00 tons of grain and oil seats, worth $1500000000.00 in 2021. the extent of the damage is still unfolding for years are hundreds of thousands among ukraine's already back to its civilian population may be left without their homes, water, electricity, or other access to whites and infrastructure in the past on the region. besides attract on the global foot secretary, once again, it's eminent or we can now speak to august the co, the 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 could um,

for ukraine's energy supply. thank you for how i mean, overall ukraine's energy system once again means extremely resilient. following this tremendous terrace act by russia. but there are some significant input regional implications. for example, of course, this nested clean energy renewable energy generation is now uh, when you're completely taken online before, it would take millions of dollars to prepare it. if that is, that is the course that's taken up stream of some of the hydro electric production is somewhat impacted. but it's just mostly about adjusting, adjusting some of the pressures adjusting the system. so overall, upstream hydro, that's still i'm that is still able to function downstream. of course this already, this act has costs flooding, and some of this flooding is impacting some of the regional a power plants that are, that are on. so on this pathway, 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 shortages to water. and of course, there's going to be thousands of people last and already involved with though of juices and thinking into the short term to long term needs. ukraine will very likely need higher amount of energy imported from here. i your virtue, this is a terrorist acts by russia and they're obviously a lot of put things in place that russert 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. and, and, and the russians are accusing the okay, now that they ukraine's of, of carrying this out. but nevertheless, attacking ukraine's 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 they tried to distort increased people over the winter, and now they're trying to drown ukraine. and they're, they're trying to kill call, you cannot make 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. outsets print, uh, which will tremendously impact. but not just uh 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. 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, it is, frankly, this should be the last incident out there with what the international community

knows into, in terms of how dangerous russia is. you print can only be resilient for so long without brought or 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 implement on ukraine. we should prepare and avoid worst case scenarios. ukrainian, something warning about this dam be 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 effected 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? it's operation. so right now on those, um, even if the current wire that's coming hundreds of are isn't sufficient or

alternative ways to keep calling all this information power plan. 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 is not safe to reach us and that's like europe is not to say so. we must do everything in a power to assume the worst to assume that once again, there won't be negligence and that russian will choose violence and genocide and that they will take the risk of doing something another forensic event. 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 atlantic council has been interesting to get your specs here. thank you very much. i, as we talked in the past about ukraine's crucial role in supplying the world's weights. but actually the gloves biggest producer is china and that one is not well

the harvest should have already been brought in by now. however, extreme weather has taken a heavy toll on this, he has crump this harvest is having a hard time doing the work here in center. china who non profit paper rain has stopped the ground and even worse, it's done the severe damage to the crow, to the u. s. which is basically the truck failure. the tools with you can see that you'll be described. yeah, that's 300. that's because of too much right on the right, the computer java, the $3105.00 machent isn't sure whether receive and words harvesting that whole is read won't be suitable for human consumption. at best, it will be feed for lives. who non produce the tod of china sweet. but the weather has been most of the crops in the home area says this phone book, keeping the chart of to reach cop 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, well, it's weak, 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 as tranie a to is expecting of bad top. me to over just say 2023 will be under the spell of a 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 spending payments until after national elections like to this year. the country is strange, public finances have been recently made worse by triple digit inflation and a weak local currency and tested it with 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 testers, 12000 cycled super charges test to see if the law must have pledged to make the company's infrastructure available to other electric vehicle brands that take his present ridge of type. other one has a pointed from the wall street. the executive half is a guy, a con. as central bank governor, the phone, a, goldman sachs, manage a is the 1st woman in the job. she'll be dealing with the cost of living crisis. after years of orthodox economic policy, stuckey has one of those highest inflation rates as just by 40 percent last month,

according to official figures blast and the outcome from investment bank, the nomic. yeah. so then what we know about half is a guy a, 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 we know that so west and markets so know really well, and she will have a good reputation on like how i pray this service and who performed on orthodox economic policies just before is all we know that the after the elections east around on their point of new station shaking 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 the background to the racial basis in the economy in order to fight inflation? so, the managed ones change in the economy. and the bill brink is some more towards formation of the policy is performed on like the last 2 years policy is we will see some and we talk to orthodoxy. economist and back on that. now this trailer 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 khaleta 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 originals and these, those are given australia or a list of more than 400 product names that it wants to change. including for seco

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front bought the this is the deadly news life from peddling evacuations. pickup across the flood affected areas of view, crime processes that has moved to thousands of residents in the bike and a kind of kafka dam bridge. reservoir has lost a 3rd of its water level and has yet to fully collapse all set coming up. donald trump faces criminal charges, so i have the mishandling of classified.