with all these kids on sleep day and day out with bombings, many i'll give you the right to free assembly is being infringed. the police say they don't want to risk bomb and spreading. don't full thing below the and you're up to date as more on the conflict. so now with 5 d, w dot com, social media, you know, being used on jared rate. thank you for watching the votes. people have to say the that's why we listen to based on the report every weekend on d. w. fast fashion as an environmental 9,

a clothing graveyard image of land desert. this is where things wealthy industrial nations no longer need and lightest textile waste gets stranded. fashion watch now on youtube the, the israel, him off conflict on the agenda, the i am a world bank meeting. we will look at the economic impact of the tensions on a global economy that's already struggling to recover from the pen demik. better to grow crops without gleiss to save. some farmers are trying to break the habit of parts of argentina against ready to bend the pesticides ends. kind of

rising oil prices, a badge for producers. when it comes to all of the oil, the answer seems to be yes. i my the xena, welcome to the show, the israel, him off conflict has thrown the world economy into new uncertainty. it emitted to moultrie this week the international monetary fund has published it's new economic outlook. here's what i must director, chris selina, you'll give, i had to say about the economic impact of the fighting. it is too early to say was in july. joining me now is i'm a ras funds is chief investment officer and see this investment advisory services. thank you for joining us on um, on a i m f t. a girl gave us as a new cloud on the horizon. how big a cloud do you think this is a nice to join you marie? i think this is other few implications here,

and that's partly specific to the region in terms of and certainly in the cloud and partly war in general. she didn't make a comment about oil prices going up and down in closely monitoring the situation. and i think that reflects the uncertainty about a potential contagion of this conflict into a regional war. and that could definitely potentially have impact on the production of crude. but in general, we're is by nature inflationary. so in a world where we've already seen inflationary pressures, and we've also seen central banks reacting to those inflationary pressures, this may prove to be another challenge that's on the horizon. and remember, this is the 2nd war that received in a year and a half. and the whole world is watching and there may be some pressure in different countries to determine whether allergies allies of truly are and when the world is divided. it is not good for fostering global economic growth. right,

so if we look at the forecast of the i m f, it's becoming more optimistic on u. s. economic growth. does that surprise you, as it does not? so what the i m f is doing is october. it's almost the end of 2023. so they're making their final revisions. most of the year is behind us. most of the 2023 is more visible than it was in july. so, so us economy has been out performing expectations all year long, and it seems like i m f is now acknowledging that at the lower expectation at the beginning was due to the worries about our recession base, some weakness and manufacturing and tech sector. and remember the banking term? well back in march, it had everybody worried as well as the rapidly rising interest rates. but americans, it seems, had a lot in savings that americans could use during this difficult time. so 2023 might

be looking better. there questions about 2024. right. so looking at 2024. what are the biggest economic risks facing the us right now? so we're looking at consumers, so about 70 percent of the us economy is driven by american consumers. if you take a look at the american consumers, cash flow isn't looking that great, right? so the savings that i mentioned earlier were running out of it. um student loan payments are starting again in october and that is a huge issue here in the united states. and of course, came in this morning to our inflation measure for consumers this morning, and it's still running hot. and on top of that, it's really food and energy prices are driving it, and those are essentials to sustain human life. so even if economic growth may look good from the top level, like the i n s, the question really is there are americans really thriving under those at the 2 point one to point to a growth rate expectations, or are they struggling?

and if there's another challenge coming at us will be able to be with able to withstand it. that is the big question. right? sign of growth outlook as opposed to the u. s. was revised down. is that coming as a surprise? i know this is also not coming as a surprise. so a lot of the excitement from the previous estimates were over the reopening of the chinese economy from the cuban 19 lock downs. um, so previous expectations may have been too high because the i had math as well as the markets here in the united states. we had expected consumption from the chinese people, chinese consumers to take off. um, even just a few months ago we were expecting them to make up for some of that growth and to drive that. but what we have found is that retail sales has been muted and even tourism in spending during a holiday week like the golden week was

a huge disappointment. so it's a few things that re my to reminders, choose reminders. one consumption. it is not what drives the chinese economy. so maybe we were too optimistic about that reopening and the other is the main driver of chinese gdc really has been real estate development and infrastructure development. and we know there are problems there, right? so there is that levels are very, very high, and because of the negative impact of those still developers, the property investment remains muted. and so just because you've reopen the economy, the issues that exist before have not disappeared. so in some ways, this is not a surprise at all on a rough on thank you so much for your insights. thank if a lie. so say it is one of the world's most widely used pesticides. and in recent years, one of the most contentious, many lawsuits of alleged links to cancer. most scientists say that is improving,

but what's not disputed is that the chemical can be poisonous if injustice and in the country with the highest use of the life of states. it's now being banned in parts, some farmers or either probably emission will threaten their livelihoods, others, so it will protect their lives so that when they put the it the so this is glasses that herbicide, that's at the center of a controversy. in argentina, walter congo uses it on his land and the north eastern province of minnesota is, but not for much longer because the soda is banning it. starting in 2025 condos. employees spray the herbicide on the passengers where his cows feed and use it to fight against weeds on. so being and corn fields. in the name of that they will kick, we had an apple, we'd know that we must be careful not to expose the neighboring population to unnecessary levels of chemicals. they don't come along with that line. but how are we going to maintain that production levels necessary to feed everyone in this country and others?

so what we'll do if we reduce the productivity of the land, see i'm gonna show you deliberately as where the conga argues that without glasses, that he would have to hire 6 times as many people to deal with weeds. and that would dramatically increase his costs. miguel ruiz diaz harvest sweet potatoes and cassava in minnesota is but these are produced without the use of chemicals as a cooperative of independent producers and particle ray. he worked for a forestry company for 17 years, during which time he sprayed glasses that he welcomes the band because he says, the chemical has harmed his health. and that of his former colleagues. to go to this into my a or what i really noticed the most is me really having no vision anymore. see all laptops, a vapor would get into my eyes worried and my lungs are quite damaged to your lead . i thought was another independent producer from florida to operate, remembers that before they got their land,

they lived in the middle of toys and forests. the children would get respiratory diseases in the wild animals left. so, so now miriam, some idea, advocates for green agriculture and says it is not less productive. doing one of the so you know, like daddy effect them. you see everyone says they harvest 16 or 17000 kilograms per one, hector them. we always reach 20 or 22000 and q us from one had it or we try to use organic means and, and control the wind ourselves that a little. i mean my lead talk as you'll see i ricardo, ranger and other farmers and miss donors are going to court against the glad to sit band legacy late on this low is a legal and stop and makes life a safe, is allowed at the national level. so that i'm beneficial to her, it says a lot because we don't know how to define the way in time if we are no longer allowed to use it as

a herbicide. what do you see and what do you have in press on this? so this would be the 2nd province to ban glasses said after chip it in the southern patagonia region. nationally, argentina still allows more than 400 chemicals to be used in agriculture. another country that's no stranger to glass to say to spain, which produces half of the world's olive oil for now. ongoing droughts of hampered harvests this year, driving prices for olive oil to a record high. and that's not only those buying all of oil that are complaining as an olive grove near the spanish capital month. reid, due to the poor harvest, oil prices have more than doubled this year. but producers haven't benefit from rising prices. almost any of the low cost the we've had higher production costs, historical ones like never before, and just oil that is now being sold, who's price is rising. every 2nd week was paid to us at a price that we could barely cover production costs. 70 percent of spanish olive

oil is exported either as cooking oil or in process food products in this factory to note is preserved in oil, which is a typical export products. however, buyers are now backing out here, but if this price continues, we estimate that sales will drop by 50 percent or producing an oil product for germany and from a contract of 800000 cans. it's been reduced 240000 so far, spain as by far the world's largest producer of olive oil with a market share of around 40 percent. however, climate change could harm this traditional cultivation. already the processing industry is looking for cheaper oil alternatives, such as those from algeria and egypt. and that's our show for me in the business team here in berlin. thank you so much for watching the

into the conflict. so with sim sebastian, the middle name group, i'm off smashes in days. well, i'm trying to, i'm the former prime minister who is almost blamed should yahoo resign? yes. do you think you will come pick the next on d, w to the point? strong opinions. clear position, international perspective. how much terror attack on israel is the largest mass, murder of jews since the holocaust says, israel's president, it has cast a long shadow worldwide. probably change the middle east. that's our topic on to

the point. to the point in 6 to minutes on d. w. what secrets lie behind be discovered? we would benches in $360.00 degrees and explore fascinating. both heritage selling d w world heritage 360. now the or somebody that's on file to send in group time off, smashes into israel coming hundreds and triggering war as a full my prime minister. hold on, but legs for government should invest in your resulting yes. do you think you will you will be for top of the list of priorities. how to rescue the scores of hostages kids not by how mosse. how does this well tries to receive its

borders? counties riley's ever.