as well, with the time difference for matches played in australia and, and new zealand is how for the world cup branch will be a thing this year. yeah, i'm aware that it's not that easy and many people will have to work. but i believe that with as a well as a way. so that's a big thinking that also applies on the pitch as the german team looks to will its way through 7 matches for a world cup title. and you're up to date after a short break. my colleagues, even beardsley will bring you the latest business news i'm any so thanks for watching dw, the guardians of truth. my name's jumped into and i have paid almost every price of being enjoying this in a country like to tease. taking on the powers that be the risk. every thing

john don't r s activist journalist and politicians living and anxiety too much on my shoulders. but i have to hold this way because i'm responsible for the future follow country for the people who are behind the bus for the english, people need to know what is happening there in our series guardians of truth watch now on youtube dw documentary, the financial markets react after the aborted power grab by mercenaries and russia. gas prices rising and the ruble falling after moscow's private military force. wagner briefly takes aim at russia's army. also wanna show more german companies are feeling the pinch of a shortage and field workers will talk to an expert about just how damaging that

could be for europe's largest economy. hello, welcome to our show. i'm speaking, there's a in berlin of the russian rubel dropped with the lowest value against the dollar in nearly 15 months as investors responded to revolt. but russia's mercenary group wagner over the weekend. gas prices also briefly rose before settling later on monday. mercenaries led by if jenny precaution stuff stopped a rapid advance on moscow on sunday, with questions about present flat importance grip on power. the russian currency is down half percent weekend. but it's last about half its value since russia's invasion of ukraine. dennis miller is founder and president of the global solutions initiative. he joins me for more than his thanks. for coming on the show. we've seen the rouble fall against the dollar. we've seen a gas prices rise. how would you describe this market reaction that we're seeing put it into perspective for us, please. as i think the market reaction is very partial

and has not considered adequately all the risks that arise from the current situation. there is turmoil in russia. russia is not one of the top 10 most important. they cannot make powers in the world anymore. but it is a major energy producer and the major supplier of grain. and if something happens, the then obviously green price has land, energy prices will change. but that is not by any means the full scope of the challenge that we face because we recently had invalid and the global solution summit where we looked at big global problems, climate change, bio diversity, laws, financial instability, poverty. these are global problems that require a rule based international order in order to solve them. and if we

do not feel that we are approaching such an order because of this conflict, then i think the problems in other areas are likely to be mess. is that something that markets right into account? what could this mean for russia's already difficult task of staying afloat in the sections economy? we know that there's lots speculation beginning that these sections will help sink this economy faster is managed to hang on. this has to be another troubling development. is this an extremely troubling development because of the increased uncertainty? we don't know how strong fulton's grasp on power is. we don't know which direction the future or of russia is headed. and therefore, it's really important for us to understand what this could mean for investments more broadly in terms of economic activity and countries

that are either geographically close throughout, show or have for economic relations. whether it's a huge amount of uncertainty is brought into the fixture, and that is bad for economies because it reduces investments. and so, puts people in a position of waiting and seeing rather than acting, which is what we need now and recovering from the cold has been done. they should for our age trying to bring the ukraine conflicts to um, negotiated conclusion, which ultimately it has to have is something right away from the level before that's dennis, nor president of the global solutions initiative. thank you very much. thank you. and out of some of the other global business stories making headlines,

opec officials expect global energy demands rise to 110000000 barrels per day by 2045. that news coming during an energy conference and quite a long poor malaysia. despite other energy sources, such as gas and hydrogen, expanding oil will remain, quote, eras irreplaceable for the foreseeable future. according to opec, german business morale worse than for the 2nd consecutive month in june, mostly on account of weakness in the manufacturing sector. and that's according to a survey by the countries renown evo institute. analysts say that it shows that you have the largest economy faces an uphill battle to shake off a session, or lack of skilled workers continues to hamper germany's economic growth. that's according to the state own k of w bank. a for in 10 businesses are affected by labor shortages. the bank expects the situation to worse than if the economic recovery gains momentum. meanwhile, government bodies calling for germany to hike its minimum wage by 82 cents to 12 year olds and $0.82 by 2025 more. so,

fracture is present of the german institute for economic research more so thanks for coming on the show up. this work or shortage in germany is not be a radical anymore. it's cutting into companies bottom lines. what does that mean for the german economy? it's the shoulders of the workers, which we have 2000000 open shops out of the employment of 40. 5000000 is a massive problem for many companies as fedex, skilled workers from highly skilled engineers to work is in the health care sector, and it automatically is not just me issue about growth. it's also the issue about, um the question by the companies can buy and many companies come find the i t program is they can't find the, the skilled workers they need to now stay competitive in the global economy. so it's me, the next essential threats to many companies that you have just this past week and a district level official was elected from the far right alternative for germany

party in the state of to arrange it. now for those of you may not be familiar with this. this is a 1st for this party in germany that's caused a lot of hand wringing across germany. marcell, you've said that this right were turned in, parts of jeremy could have an effect on this work or shortage. can you explain that to us? this is successful. the economy needs um, what uh richard, florida and economy, its called 3 tvs, technology, talents, and tolerance. and uh, for the region to do well, it needs to have skipped work. is it getting said young worker, so i'm motivated to want to stay in that beach and we'll have a key perspective. and what we see now studies is that that was regions where you have less tolerance, particularly young people move away. and people don't want to move into the regions . and, and this is this, the, the, the demographics is the single most exp, strongest explanation. why the right thing a d is doing very well,

the regions where young people are leaving on not doing well economically. and that, that again has to do with the also with the tolerance that exist on the beach. we've also seen that these regions are seeing a lot more investment in recent years. um a lot more announce investment a lot more of factories coming to the regions, production halls, things like that. could that not help by adding a kind of a stable job picture for region that might then help the political picture? that's the crucial challenge for both the federal government and the local governments is to create new opportunities and regions that have the structural disadvantages where people have been leaving. and because regions that, that don't have a very strong infrastructure, whether it's more remotes, and so it's really about creating opportunities stand. but of course, governments can do it only as much, right? i mean, they can provide subsidies for companies to move to certain regions. but that alone

does not do the trick. you still need to have that openness tolerance develops a groups of what's the address groups within the reach and for those subsidies to work. all right, much more self. roger as president of the german is to for economic research. thank you. thank you. i or for the past decade has seen a retail revolution with online companies booming compared to brick and mortar shots. but the swarm of package deliveries brings its own complications as subsidies getting their teeth like barcelona is now putting a tax on delivery services every day, thousands of korean drivers navigate their way through the streets of barcelona. keeping up with deliveries, schedules means constant time pressure. and traffic regulations sometimes take a backseat, but even disabled parking space is considered fair game. here at city whole local

politicians, one amazon to pay its fair share fucking nickel med nurse. bethany was on the new one. on monday. i left you this mainland companies don't pay local taxes, but retailers, do they create jobs in the area? the online giants are happy to come here and use public space and disappear again because you're going to send it to you that exist. and that space is a very scarce asset in parcel. no, no, only 5 handles photography some way, and then see what it is. popular political case won't be in discussion of to the known homeland traders with a non your turnover of at least 1000000 euros. now have to pay $1.00 and a quarter percent of their revenue to the city. market leader amazon. under range of other logistics firms are fighting the move. you're starting now look at face, a guiding you to make online order is more expensive in parts of luna than elsewhere. what's the next step? maybe turning the wifi in the city to prevent people being able to go shopping on the internet and putting definitely the local authorities are striving to support

local retailers here and the sound in the u district. you, bailey know that the internet existed, a lot of residents do their shopping and the traditional way on foot. businesses that have been here for generations are among those complaining about online retail via choose the new competition of avoiding taxes and adding to air pollution. but most of those came from, you know, does air but bottom dimensions about 15 minutes to the concept of everything being reachable from home on foot in 15 minutes means far better sustainability. at the same time, we tell stories, invoke social contacts, identify shop owners, and we give people a sense of community, okay. what's community that godaddy are going to the specially on the new tax does not apply where customers collect. they order themselves at one of the 1000 or so pickup points. amazon has across the city. the city government wants to see significantly more of them. amazon and other companies affected have already

challenged the tax. many other cities are keeping a close eye on developments after roll. it wouldn't be the 1st time the advice alone has been a trend setter. and finally monday, march the beginning of the hush, the annual muslim pilgrimage to mecca and shop centers in the city are seeing an uptick and business. a larger number of pilgrims is arriving for the annual hodge compared to when coping 19 restrictions were in existence. well, this year, as well as holy site, is expected to host more than 2000000 worshippers from 160 countries. a figure that could break attendance records. this is a reminder, the top business, the way we're following, for the russian rouble dropped to as low as value against the dollar in nearly 15 months, as investors responded to in a boarded revolt or the private wagner. group of mercenaries, that's our show. do check us out online for more of these headlines and more. that's dw. com slash business. we're also on youtube or the data business channel.

i'm seeing there's invalid for to watch the blessing or a curse. mozambique scare swells was supposed to be the economy. but the country is beset by terrorism. instead, western energy investors have put their big plans on, hey, rwandan soldiers had been sent in a c, c, d, w, a piece, the beginning of a story that takes us along for the ride. it's about the perspectives culture

information. this is the the news w. mine's they want to know what makes the janet justin loves about anything except for away from the fund. i'm not even allowed to go to my own car on everyone with later holes and every single day stuff getting you ready to meet. the gentleman can join me. right. just do it on the w to the soldiers patrol, a city in northern mozambique they passed by rows of destroyed shops and holmes. a handful of stores have just reopened the soldiers has come.