tv Business - News Deutsche Welle June 10, 2023 8:15am-8:30am CEST
8:15 am
this is the 2nd time salma president donald trump has been indicted. the 1st by the state of new york over his financial affairs. he's due to a p, a in a federal court in miami, on tuesday, which is still in 16, but he will fight for the white house once again the that's all from us for now. coming up next, the business news with rob watts, who looks i just chose poor we thomas and its impact on the world's grain supply. thanks for watching the eclipse someone else to the see the highlights of selected for you. you every week in your inbox, subscribe. now become a criminal,
8:16 am
pretty clinic, ready to sugars, paralyzed between your societies, computers and governments that go crazy for your data. explain how these technologies work. so that's how they can also watch it. now the, the, another hits 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 type heavy rains of damage to china is weight tavis
8:17 am
loss impact where they've have on the was rain supplied the street executive, huff is a guy a. com is set to be to okay, space central bank governor in 4 years, but does her appointment signature change in direction from president data to state of the business? i'm a box and found that 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 blow to your trains . energy infrastructure, that's more money heck, to as a farm land. and now under water and manmade disaster unfolding, the destruction of ukrainians control, cut down is going to bring about far reaching consequences was forced to nibble. initial estimates showed that the last stretch of agricultural land would be affected by the floods on the ukrainian has the right bank of the new pro but and
8:18 am
the ukraine. agriculture and 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 supply to a more than half a 1000000 hectares of agricultural land, which used it $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 white to the infrastructure in the past on the region. besides a truck on the global foot secretary, once again is a minute 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
8:19 am
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 remains extremely resilience. following this tremendous chair is asked by russia, but there are some significant input regional implications. for example, of course, this nasa clean energy renewable energy generation is now when he either completely taken online or 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 of 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,
8:20 am
that are on. so on it's pathways. i suppose the most one of the most significant institutions 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 without of juices and thinking into the short term to long term needs. ukraine will very likely need higher amounts of energy imported from. here are your virtue, this is a terrorist acts by russia and they're obviously 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. and, and, and the russians are accusing the okay, now that they were 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?
8:21 am
yes, they couldn't win on the battlefield. so then they charge you to store increasing people over the winter, and now they're trying to drown ukraine. and they're, they're trying to chew, call it phenomena potential and massive parts of ukraine. this will have switching vacations on the agriculture uh and being able to 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 its own energy security? it seems like this should be the last incident out there. we, 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
8:22 am
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 prepare and avoid worst case scenarios, ukrainian something 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 prevent the worst case scenario. literally the thousands of potential people in homes being flooded the territory, the settlements now they're being affected all of this was projected last year. so what do we do now? and i think we have to look at what is the next possible disaster that you're responsible for in this course itself or asia. so right now on those, um, even if the current water that's coming hundreds of are isn't sufficient or alternative ways to keep cooling, all this information power plan. so immediately that there aren't immediate, high risk of a huge disaster happens immediately. but as long as it's under russian control,
8:23 am
we are not unsafe, the plan does not say the reaches and i think europe is not to say so. we must do everything, you know, howard, to assume the worst to assume that once again, there won't be negligence and that russia 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 present 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, he has crump these harvesters are having a hard time doing the work here in center china who non pro hey lorraine has
8:24 am
stopped the ground. and even worse, it's done the severe damage to the cross to the us. it was basically the problem failure. the tools with you can see that no beat this prompt you left for another. that's because of too much right on the right and in pure yeah, the 3 and the other ones are fine with 10 isn't sure whether receiving the words harvesting at home is we won't be suitable for human consumption at best. it will be feed for life who non produce the todd of china sweet. but the weather has been most of the crops in the home 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
8:25 am
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 it in ports 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 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 postponing payments until after national elections. later this year. the countries strange public finances have been
8:26 am
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 rifle general motors in the us next year. the day will means gm vehicle owners can use tests as 12000 so called super charges test. the c e alone must cat tribes 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. last and the outcome from investment bank, the nomic. yeah. so then what we know about half is
8:27 am
a guy outcomes 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 the top economic institutions in the us, the financial system. and we know that west and markets to know what really well and she will have a good reputation on like how it predecessors and who will perform. busy on orthodox economic policies, just before is all we know that's 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 this background to the racial basis in the economy in order to fight inflation? so the managed wants change in the economy and we'll bring it some
8:28 am
more towards formation of the policy is performed on like the last 2 years policy is we will see some a we talk 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 you want australian produce has to stop using names like gallagher. i'm 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 and palmer a muscle for me in the business name by the
8:29 am
why for some drivers. what troy cause that is testing out with bmw s $1000.00 this 2 times to enjoy the total read. the good and wide range stream is serena, tonight's regression again world weight and burned in south africa. people with disabilities more likely to lose the adults independent. make black lives matter. shine a spotlight on racially motivated to the same sex marriage is being legalized in more and more country discrimination are part of every day life. for many
8:30 am
14 Views
Uploaded by TV Archive on