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 and 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 a manmade disaster unfolding the destruction of ukrainians control, cut them is going to bring about far reaching consequences. of course, the new initial estimates show that the rough stretch of agricultural land would be affected by the flux on the ukrainian have dried bank of the new pro river alone.

you're creating an agricultural ministry says the incident with likely causing 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 used at $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 whites and infrastructure in the past on the region. besides a truck 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 terrorist acts by russia. but there are some significant input regional implications. for example, of course, this gnostic, 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, right, 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 institutions is access to water. we

are 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 or, or your virtue. this is a terrorist acts by russia, and there are obviously a lot of put things taking 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 were ukrainians 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 and freeze people over the winter, and now they're trying to drown ukraine and they're, they're trying to show costs. you cannot think potential in massive parts of ukraine. this will have shooting vacations on the agriculture uh and being able to, to water crops, not just in that region, but across the broader spouts. that's print, uh, which will tremendously impact what, not just uh, you preexisting. i mean, uh, potential to generate income from this, this will have global implications on food shortages. but there's also going to be implications on the trade that you probably won't be able to do to the pro. um, because because of the conditions um, other than that right now and it just security is obviously your, your specialty. so tell us how many incidents like this can ukraine with stand in terms of united maintaining, as i mentioned, security or it's 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 scenario. you can have 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 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. and of course the south region. 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 does not state the region, 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 and other forensic events. 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 world'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. he has crump these harvesters are having a hard time doing the work here in central china who non profit paper rain has solved the ground. and even worse, it's done the severe damage to the cross, to the u. s. which is basically the problem 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 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 and 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 that on making the news.

argentine has completed slot is to have a domestic debt swap, lowering near to him, obligations by $30000000000.00 and for spinning payments until after national elections later 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 worked 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 the law must have pledged 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 the 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. take a has one of the world's highest inflation rates. it's just like 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 comes likely approach to monetary policy. we here know that she has a good background, especially with relate to fit the risk banking system being at the top management of the top economic institutions in the us, the financial system. and we know that the west and markets so know her really well . and she will have a good reputation on like how i pray, the service and who performed. busy on orthodox economic policies just before that . so we know that the after the elections east around on their point of new station checking the new and the finance minister. very she and was expected to be the next uh central bank cover. nash make the framework also. yeah. it seems like some

new economic policy background. what is this background to the racial basis in the economy in order to fight inflation? so the manager wants change in the economy and bring in some more tasks. formation of the policy is performed on like the last 2 years. busy this is we will see some return to orthodoxy. economist and back on that. now straightly a is taking up a stink of a cheese naming request in food and a food fight with the european union. the u 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 original incentives. those are given australia or a list of more than 400 product names that it wants to change,

including for seco and palmer, a muscle for me and a business name. by the

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to the top because i'm much up to you from table topics the new culture of my dad's containment. let's say well, quote the, this is date of the news live from building evacuation to pick up across the flat affected areas of view correct processes that this move to thousands of residents in the wake of the car kafka, dan bridge. the risk was lost. the 3rd of its water level and is yet to fully collapse. also coming on donald trump faces criminal charges either the mishandling of classified documents in the.