it's a great to have some type of applicant population is moving fast. and young people clearly have the solution. the future is 77 percent every weekend on dw, the a beacon of hope. now that's what the un secretary general antonio good damage called the green deal. the agreement allowed ukraine to export wheat by the black sea. ukraine and ships could pass through the russian naval blockade and had for international markets. but the deal expired last july,

and russia refused to extend it. instead it started attacking ukraine in ports. since then, t of has been looking for tentative roots to exploit. it's great. we'll be looking at those in this edition of made the ws business magazine also coming up on the show. it's bains, new minimum wage leading to job losses. can the growth help save the weld and reduce consumption? and what kind of digital you wrote pre chip on to, to invalid. welcome to the show. early this year, spain was the leading buyer of ukrainian green ukraine, exported $2900000.00 tons to spain. and no, far behind it came china and turkey. 650000 tons. were exported to egypt and 300000 tons to germany. now that the green deal has ended, you crate and farmers need to transport grain overland by poland for back you

hungary, romania, and bulgaria. but these countries already fighting back against a flood of grain by introducing import stops. a russian rocket attacks a green silos or be bringing in the rain alliance, spoiling $16000.00 tons of we. the attack was recorded by one of the company surveillance cameras. green alliance grows, we raped seed and may use on their 60000 hector's of land before the war. the harvest towards ship, from the harbor of odessa, china and invasion. but that's changed since rushes blockade of the black sea port t leads. and we think general it was going to indonesia and markets. china was primaries, markets for form from ukraine. unfortunately is not there because of making the, the west coast bar. so we like seaports, closed is not still possible. brought us lava the capital of

slovakia. we used to green alliance managers have come from hours long meetings with customers who want to buy green before the war. they had big contracts from china in indonesia, but now they have to struggle to find new customers. you know, where we're located in slide down. so like is one of the challenges that custom clearance. however, having access to europe in the roadway, we are doing direct fest loading and sending products to delete germany. elsewhere in europe with our players and customers, are willing to take it to take the land route through the e u. grain alliance has purchased an entire fleet of railway cars but they can no longer export the grain to china or indonesia. because the transport costs by land would be far too expensive. the right on the ukranian slovak border grain alliance has purchased this loading terminal here,

the grain has to be reloaded onto a narrow, or european standard wagons that costs time and a lot of money. the green alliance managers are under pressure. they have to sell their goods and keep the business running so that they can pay those $700.00 employees. there is 12 month cycle and we have to continue and continued. we need to export drain, we need to sell it to get any proceeds. it's not just about money, but about employment that about texas. it's about the overall they've gone, the mill for crane and the economy of companies. the slovak farmers who work their fields right next to the loading terminal, support your brains, fight against the russian aggressors. but they're suffering from the dropping grain prices, triggered by the brain, imports from ukraine to him, i spoke. i can only sell his $200.00 tons of weed from last year at a significant discount. he hopes the prices will go up again, and his grain doesn't go multi before then.

that's a fund our company is to sell a lot of green to poland and hungary, couple of them on the market. there was a full little ukrainian produce. i think that was entirely well the resides, we can find the drug was location over the truck. so it's only loading a quick with these notes that are stuck on those of you wasn't me and you click on this yet. so that's despite the fact that 5 countries of them, the import of ukrainian green, but green alliance is now experiencing increased demand from drought stricken italy in spain. this train is on its way from the slovak loading terminal to the northern c port of the docket, where large amounts of grain are being shipped the distance some 1350 kilometers. the transport costs are accordingly high. the ukraine greene alliance managers have found a german buyer here. they have no idea what he plans to do with the green. maybe it

will be shipped to africa, or it might even stay in the germany. that annoys farmers like literally sure. yeah. also grow grain on farms in the region. live fears that a lot of ukrainian green in germany, you will cause prices to plummet. g says any ukrainian green arriving in germany should only do so headed for the ports and on for export elsewhere. for like a nomic, we've been making a lot of sense for the easier to subsidize the transport of ukrainian week to the north in the baltic seas. so that this, we could go to the developing countries and that leaves the greatest needs there. and kind of rushes warren ukraine is rocking the world wide green market. but despite the many difficulties, ukrainian producers are still finding ways to export their grain. the

consumption against russia help and the war in ukraine. while the angles sentients is to stop on conflicts and we can dictators, experience shows, they really do that. so what does the international community achieve when it imposes functions? here are some answers who the sanctions had really then meant to end holes. we can roll mongers prevent nuclear weapons manufacturing and transformed dictatorships into democracies sanctions foster. right now, the most sanction country in the world is russia with more than $12000.00 active sanctions against individuals and organizations. according to statistics from october 20, 22 and 2nd places around with several 1000 sanctions,

followed by syria and korea. that a russo stood with just over a 1000 followed by venezuela and me and ma with several hundreds. but sanctions have almost never achieved the desired political goals. one exception is south africa. west sanctions all believe to have helped with an end to a pol, tied to 1994 functions. all by no means an effective thoughts. they usually affect the most vulnerable members of society and the incomes. the hottest, as shown by a study from the munich institute, the economic research it examined 67 countries effected by economic sanctions. it found that if the united nations had imposed the sanctions, the countries g d p fell by an average of 2 percent pay. yeah. it's only thank you asked had impose the sanctions union naturally. it was one percent

extrapolated over 10 years. this means of dropping per capita g d p of up to 25 percent in iran for example. it's the young on educated rural population who suffered the most in poor countries, life expectancy, so by up to 1.4 years during an average period of un sanctions. women are more effective, been men. however, because the study mostly looked at smaller economies, the also say the results comp, necessarily predict what would happen to a big economy like russia. to make sanctions more tonka said an effective, it's important to thoroughly investigate who they will end up affecting most the minimum wage in europe varies by country. germany funds and the u. k. of some of the highest minimum wages in europe,

averaging around 12 euros per hour. but some countries in europe have a minimum wage below 5 year olds, and others don't even have a minimum wage. in february this year, spain res, it's a minimum wage by 8 percent. then you minimum wage mostly benefits. i would cultural work as well, account for around half of minimum wage earners. but there are questions about whether it will lead to job losses. in the longer term these 2 field work is a irrigating citrus, fruit pond patients. they get a 1080 years a month, which is now the minimum wage in spain. but their employer is having a hard time paying it's it's almost the know that we think the government should help us pay workers a decent wage without costs it's going up too much where the nope at all useful. the important thing almost we'll know mentally is probably the best of inflation has made fast lies and more expensive. drought means water is in short supply and

now work is wages have gone up and farm is on benefiting from rising food. prices of the body is starting sumption is going down across europe. basically all sales of fruit and vegetables in germany has gone down by 15 percent on. that makes things worse. prices are the same, but consumption is down. most of the middle schools will imperial garlic near out a candidate produces an export spanish college. what does he also get the minimum wage? they used to get 800 years a month and now on just over a 1000. but despite the raise, the non to happy yet i'm on the, the, i'm on, it's not enough sample. and for the high prices for groceries that to blame and see what i'll do better off when prices were lola. it's the following consumer demand combined with high a costs of the company's a 160 employees. 40 all set jobs they've been, they've only because we sell

a lot less to the supermarket in the same time. our costs are going out. nobody wants to know. we were forced to let some more disco, the u g t union and madrid hadn't even heard about the layoffs, its hales, the minimum wage height as a major step forward. this they act as a sonya as a mess and that's the ending for the past 6 years. we've had a steady increase in the minimum wage. it's a way of distributing wealth and making a large number of workers in spain better off. we're talking about more than 2000000 work is hours, including for here road have little of the last. so he's a security guard as a loss. jane of department stores and now one's 1092 years a month. but it's not enough in a city like madrid. no, no, but i'm out of, you know, no one can live on that. and i don't even have to worry about getting rent. i still live with my mother,

but for many of my colleagues it's bad and they're struggling to pay their rent, which is high. they don't, they're in a bad situation then based on that, that would be later because i'm buy a new, not a lot of money that that'll get lettuce. it gets so sweet to ask you on. so it's that able to say, saw that renew statistics indicating that the minimum wage increase has resulted in more people losing the jobs. but unemployment remains high to miss out. it may be unemployment rate in spain is not going down as steadily as it is in other european countries. it was by now it was, but the prices it will to pay us. so with jobs disappearing in some sectors. spanish farm is especially in southern spain. see a different problem, but if it is our product of believe it was right to raise the minimum wage in spain . but at the same time, the e u is importing fruit and vegetables from non annual countries like morocco. and as far as i know, farm workers there, and it's sometimes earned as little as 3 zeros a day via phone call for so many spanish workers and minimum wage raise was solely

needed. but many companies, especially in the farming industry and now struggling to pay that work is $1.00 possible consequence might be increased towards the nation and stains agricultural sector. the idea of economic growth is very much grounded in consumption for countries gross domestic product to grow. it needs to produce and consume more. now that is an idea that i'm growing number of climate activists and policy makers do not agree with. they say we do use in global economic activity or the growth is the only way to save the planet with critics a increasing economic growth ensures. oh, well being be a reporter, emily les no way both sides having more has given us a lot of comfort and a lot of choice. so it's a pretty big price tag, like more carbon emissions, more resource depletion, more pollution,

our addiction to making and consuming more stuff is exhausting the planet. everyone's talking about avoiding a climate catastrophe. but it's switching to renewable energy and buying electric cars while keeping the status quote. really going to help a growing number of people say no, they want us to fundamentally change the way we run our economies. and with that, our lives, some call it the growth for decades, countries have been judged by the growth of their g, d p. that's gross domestic product. to more goods and services produced. the higher the g, d p, the cooler the country to keep having to the be great accumulating you also need to keep having more material stuff extracting and going through the economy. this is not sustainable on, on ups, on it was, you know, a finite amount of resources. so this is where the idea of the growth comes in. the term, the growth is credited onto the gourds, an austrian french social philosopher, who in 1972 question whether it was

a good idea to constantly make more stuff. shortly after academics at the massachusetts institute of technology, publish a report called the limits of growth. this rigorous forecasts concluded that them less growth was curved, civilization would collapse by 2070 to suffice to say it didn't go down. well, the academic journal nature even called it a width of doomsday. d growth talks starting to crop up again in the 2 thousands when stated, begin to show just how it reversed of lee. we were harming the planet. a recent paper in nature. yes, the one who puts the gross back in the seventy's suggested that it should be widely and thoroughly considered. and the term has now made its way into the most recent ip c c report on how to stay below 1.5 degrees celsius. warranty growth approach that has been widely considered is the coupling where you get to maintain economic growth while reducing carbon emissions where i live in the u. k. it's very proud of

itself because it claims that it's managed to successfully de carbonized its economy while g. d p, i mean it's not doing well, but g d p is, is growing slowly while our mission is appeared to be going down. surprisingly, especially countries with advanced economies have been able to do it. for example, by shifting towards renewable energy sources like denmark, which reduced its consumption based emissions by 35 percent between $22019.00. well growing the g d p per capita by 16 percent. germany reduced it's carbon emissions per capita by 24 percent in the same timeframe while growing 26 percent. and even the united states did the same. which sounds great and definitely as a 1st step. but the problem is that the coupling is only concerned about c o 2. we live in many ecological crises, not just one. it's not just an issue of fossil fuel emissions. so he, if we just say was about the call, the nice ation only. you missing ecological the great ation. biodiversity last,

the u. k. has some of the worst by the rest of any country in the world. never mind that he just doesn't solve that problem. what next? the problem is. even those who support with the growth stands for thinks the word itself is problem. attic. why don't like the term? the growth is it. it has a negative feel to at the key thing is shrinking material, the material inputs into economic activity. the growth sound scary, like it wants people to return to the dark ages. but it actually us means scaling down the least sustainable industries, like mass produced meat and dairy, vast fashion, car and aviation manufacturing, or ensuring that the things we rely on refrigerators, phones, washing machines, have a longer shelf life repairing. instead of replacing something the moment it stops working. so it's not just about stopping growth, but about increasing growth and sectors that benefit society as

a whole. like creating green jobs, training workers, uninstalling, renewable energy, insulating buildings, and regenerating eco systems, and investing and public transportation and services. what does that just wishful thinking? might this new approach to growth actually make life worse for us? this is a crux of the growth debate. would unravel the advances humans have made many facets of modern life, like living longer and lower rates of child mortality are associated with high g d, p. among other factors. economists that are in favor of the current system, say that more immediately the gross could mean widespread job loss, mortgage default and business closures. that it would force us all into a permanent recession per tailing, research and innovation. the thing is we need to develop green and more efficient technologies. the problem is that active di growth hasn't happened anywhere yet. meaning that nobody knows whether that what happens,

how do you address the creation of a world where rich countries don't? that's actually slammed the doors by themselves and say, you know, we're gonna, we're going to diminish our growth a bit. but you know, we're not gonna let you catch up to, to where we are. and that is a challenge. and a lot of the solutions around that involved in a large scale redistribution of all 3 of sources between countries that, that might be possible in a perfect world. but in the real world is, is very politically challenging. one suggestion by the grocer's is that on payable debts held by low and middle income countries should be cancelled so that they can focus their spending on public services. the idea is to even the playing field key things for the global south, our technology transfer. so, you know, to leapfrog dirty technologies to get the, the, you know, sort of latest generation, a renewable technologies to global. so countries for their energy needs, number to finance, corporate finance to make that possible and also to finance other poverty

alleviation. and so for supporters say that through economic the growth, the needs of more people could actually be served. still, we seem to perceive increasing g d p as a sign that we're winning. that however you frame it, giving it up for the sake of our future on this plan, it sounds to most people like we're asking them to start losing. so is the answer to deliberately slow down economic growth. you will find many governments willing to do that. moving away from cdp, for example, to metrics that value, you know, human impact across a wide variety of dimensions. you know, those human development index. human provides is a good example of that. you know, there's been some experimentation with like the country baton and it's gross happiness and acts that they've talked a lot about and. and so there might be ways to redefine these metrics of success that would make it more palatable for, for politicians to embrace things that don't necessarily increase g d p, but increase the average wellbeing of people. i'm in a, in a way that, you know,

is less resource intensive or destructive. another example is what former new zealand prime minister just in the order and didn't 2019 when she announced national budget that prioritize citizen wellbeing, unhappiness over g d p, an economic growth under the budget. all news funding was required to advance government priorities. like improving mental health, reducing child poverty, and addressing the any qualities faced by its indigenous population. the grocer's and vision and economy driven by alternative principles, the wager and de grace, is the we need to imagine a different feature, a new ecological, and the relationship between humans and non human nature in which you met to manatees. because so nature can flourish on friday, the european central bank wants to introduce the digital euro by 2026. the virtual

version of the euro is supposed to be an alternative decrypt of heresies like bitcoin. and if area these virtual coins a voted tile and are sometimes useful criminal activities. so central banks likely easily be coming up with digital versions of their currencies to offer safer alternatives. our porter quit supercilious, took a look at how the digital euro will work. would you prefer to pay with digital currency or cash? the e u is planning to launch the digital euro by 2026. the european central bank is investigating whether to introduce the electronic equivalent to cash in all 20 countries with the euro is legal tender. but how would work the digital euro will be stored in a digital wallet on your smartphone. you'll be able to move money from your traditional bank account into that wallet and make payments using your smartphone.

but if you prefer to keep using bank notes and coins, you can the idea is to restrict the use of a digital bureau to smaller payments using it for a larger amounts good. otherwise the stabilize the bank. if customers were to transfer all their money to their digital wallet, the payments with the digital year or could be made online or offline direct from the payer to pe, he which affords more privacy. another advantage service providers like paypal mastercard and apple pay charged fees. but paying with the digital euro would be free of charge. the payment across national borders would also be possible. the potential

drawbacks consumer watch dogs fear it could replace cash completely and that consumer behavior could easily be spied upon. but the easy b and system, it will guarantee privacy and the digital euro will compliment not replace bank notes and coins. no, i can't wait to go shopping with a digital euro. and that brings us to the end of today's edition of made. thank you so much for watching. you can find more additions of our show on g, w dot com slash business. you're doing this again next time and until the end for me and the entire team here in berlin. good by and take care of the

flip. miss tim sebastian in a boost do you pray? it's true for the 1st line of russians defensive in the southern region lives operation. mike ness this week is erie stockton by the gardens administrator and he's clear what he's country for peace and what he was conflict

in 30 minutes. the w color flies across on the, to him and calling these to 6 in how we, they've received at this time. and what do they tell us today? racism in the color photography. a critical looks of photography in germany's colonial era in 75 minutes on d w. evelyn charmaya, welcome to my pod cast. loved matters that i am by celebrities, influenza, and experts to talk about all playing loved data and get today. nothing less the stuff, all these things in more and the new season of the fuck. com. make sure to tune in wherever you get your thoughts costs enjoying the conversation because you know it's last matter a

question about life, the universe and every thing the answer. well then given here. 2 the answer to almost everything were documentary series with carver and the ground to break and questions going speed after life dumber and for a series of saving the world. 2 2 questions for the present and future heads filled with the ideas. 2 and when we learn something, the hardware and software of our brain changes. so get ready for the brain of 40 to the answer to almost every day this week on

the, this is detail. the news live from berlin, a victory for abortion rights activists in mexico. the supreme court makes terminating a pregnancy legal across the country and marks the major shift in the country and the region for the catholic church had long bolstered the band. also coming up, a russian attack kills at least 17 people in eastern ukraine, showing strikes the shopping district and a city close to the front line. presidents lensky condemns the attack and the don't the ask region as heinous. evil strikes overshadow is a surprise.