then some china has just purchased a $2200000000.00 profits for the 1st half of the year. that's 59 percent on the same period last year as not just your biggest budget airline, but seeing at demand for high demand for flight. lufthansa, france carolyn and many other carriers also reported strong sales and profits. but let's get to a better understanding of the current state of ad travel with steven took truck. so i use the professor of air in space slow highlighting university and then evidence . thanks a lot for joining us on data with your business. can you just briefly explain to us why we are seeing such big profits from the likes of ryan i looked on well, i think that the demand is quite strong, quite frankly. we've talked for some time during cobit times about whether the industry would bounce back and you know, whether it will, intuit extends, and how quickly i think, given that to minutes have been beat at this point, demand is really strong for,

for air travel. and so that goes to explain that if the demand is strong, then of course um and the suppliers is limited. of course the prices will fluctuate according to that. and the airlines we profit, we've heard from me if it goes to that they want answers from the airline industry as to why they've been able to sort of make these sorts of profits. and in the meantime, travelers getting so much more expensive for travelers that are always you try and makes it some pressure on the airline industry that they come to. you actually do anything about these high prices legally as well. i mean, i think that the, the a, there may be a question mark in brussels about the weather. and to what extent airlines are investing in greener technologies and sustainable aviation tools and other things which they are. well since last week, 30. first of all, tober mandated to do a minimum of 2 percent of sustainable aviation fuels and their mix. some airlines are going above the task that that number. so they're investing quite

a lot of money and that the, even those airlines are, have reported a record or near record profits from, from this past summer. i think that in terms of the low and the we have very clear guidelines and in europe about the single aviation market. and that price is, can be set freebie by oper, peters in that markets, without interference by governments still. we've seen initially as an example of the government introducing a cap on, on a maximum fair on certain flights with an italy which raises questions about this legality under your opinion law. so as it stands, there is no way to regulate half as other than the market itself as well. in short, yes, the market should correct itself, and those fair should be yeah, well, the determines by supply and demand effectively. now that's with in the european union, this is for, you know, domestic flights within the union. and,

and of course there are there, we have to look beyond european union carriers. um, united kingdom of course, but also the united states and, and the far east chinese carriers indian carriers have the biggest number of aircraft on order at the moment. so they're due to, to really grow significantly and they operate to and from the you of course. so they will be um, competition great competition, increased competition between european union carriers on the one hand and, and normally you carriers on the other, on the global market. and so i think we're going to see some yeah, potential challenges for the european union carriers, which of course are subject to e law all the time. and the other carriers, which are only subject to the extent that they're flying to or from the union, steven trucks or professor of an space or lighting university. and you can actually watch my entire conversation with him on the do and use youtube channel. now let's

go look at some of the other global business stories that are making the news. china is supposed to dispose of a quarterly deficit in foreign direct investment f. b. i came to minus 11800000000 in q 3 as withdrawals and downsizing by foreign firms outpaced best spending in china and list attributes. the change to the risk in 5, west companies. 8 on bucks a guy starts up as revealed its own artificial intelligence bought named grok to challenge chat g p t. it's now in testing with a limited number of uses in the united states. eventually, grok is to be a feature of x premium plus which costs $16.00 per month according to most of. well, i mean you as instruction alibaba to provide details of its approach to combat things, illegal products you are paying commission most. and then what happens then is making to prevent harmful items such as fake medicines, thing. so through probably express chinese, the face has potential fines. if it doesn't find no health, social,

and environmental damage at the hands of the aggregate, your system at up to 10 trillion dollars per year, that's 10 percent of the entire world's g d p. that's going to study by the us food and agriculture organization. the f r says 70 percent of the costs stem from unhealthy. dicey pessimist, which leads to a basis to another disease as 20 percent caused by environmental damage created by nitrogen emissions, greenhouse gases, and changes in london. bushings. according to the study, 3 quarters of all hidden costs generated in high end of the middle income countries with low income countries being hot as hips by the consequences. you and advocates for a speedy transformation of aggregate systems and to address climate change, poverty, and equality. and hung up and discussing the affairs findings with raymond torres from the economics think tank from costs. i asked him why the shipping costs went

already factored into the global food market. this is the key issue. and the main reason is that some of these costs are borne by the communities of large country, or even the one you might do and not not to internalize into the, the way enterprise of, for the enterprises. it's with production offerings. and this is why there are you don't need to spend some of these to go to the producers to put produces, but the all reasonable indeed for, for the countries as a whole. and therefore, this suggests that in order to address those issues, one is to really put in place pointers which go beyond the short termism off with production systems and take into account the need for invest much need for support investment. you're going to call them these costs. they'll work with you also need international corporation because even one country you masturbation, what would produce certain resolution tries to address those heating calls. it is

necessary to cooperate in order to avoid the petition by either producers. why the countries that, and all of those issues, right? if you're right, so, you know, that's really effective date for yourself is a at a disadvantage. so is there any sign of these kinds of policies actually coming to fruition any time soon? i or where there is more awareness, i would say the policies uh see and he's not. there is much more awareness international community. ready especially in about the cons, awareness of those costs in the past and particularly aspirations are, you know, re rating on bass or whatever this is talking. however, i mean, what is missing at the moment? he's more commitment on the part doesn't put you down to the system to really take action and this is the same for the rest of the year as we've violated. so we're much more aware of the problems. so we didn't even mention the boxes and the same

with 40 boxes, but the speaker to agree among countries, especially, she's just talking positions of defense, the country we've read it, this is chris page one with the investment. other countries are taking advantage of the present systems and therefore we, because we don't want countries and therefore, i think the, the key here, we need to get some international agreements to move forward. if that doesn't happen, i think these trade blocks like a u. p. union should be in a position to take action from the point to the fox sports. for example, you know, to internalize defeating costs. all present, which systems has a and as itself, in the case with a environmental stores is so. so the behaviors of the wealthy nations actually have an out sized impacts on the developing nation. so raymond torres from from cost, thank you very much for bringing us here expertise today. let me say another day to play a key role in driving down the hidden costs of agriculture. i'm here in gemini,

finding machinery manufacturers all making reco profits. if i said 19000000000 yours in sales this year, agricultural machines are becoming ever more sophisticated as they adapt to changing plant for 3 generations to get him a family test, run the farmstead and the german state of lower saxony. father and son have long agreed to cultivate the full 100 hacked or sustainably using or the minimum of artificial fertilizers and pesticides in days of yore. the plough was every farmer's most important to the gap must have long retired. they are the only surface decorative objects for 29 year old thomas scammer. old school ploughing has no place and model in farming venice been when i turn over the solo with the plow, the surface gets very dark because this so in this brown, dark surfaces naturally attract more sunlight heat up more and as a result, more water evaporates to retain water in the soil, even during drive periods,

the get most employees shuttle solar cultivation. martin telling machines barely break the surface, leaving the sol structuring tact. plant residue acts as a sort of some blocker for the soil. so bypassing the moist as soon as there was a covering of mulch, meaning plant residue, we have lower temperatures in the soil and the lower the temperature, the less water will evaporate. another benefit to shallow sol cultivation. the ground is home to an army over us worms. they borrow through the soil, allowing it to absorb moisture like a sponge. this method is truly sustainable because these little workers are active all year round. what do you think the 1st forms are most important in order as they process? plant materials, returning above ground, mass into underground homeless? this makes the soul more fertile, and if the size of the mountain emboldened falls off as the gap must old sugar beet

harvest still needs to be replaced. the farmers want to make sure to get them off with wide caterpillar tracks that won't crush the earth. worms, they're convinced that the farming philosophy can help combat climate change. it's just i, for reminder of the top business story that we're following for you this, our brian that has become the latest airlines supposed to bump up profits. it's endings in the 1st half of the year, what up 60 percent on 2020 two's taken f as in europe, around 30 percent higher and they were joining the funds. demik list attribute arrives to high demand and the shortage of pack for me in the visiting handbell and football headed over the d. w dot com slash business on. indeed the data we use youtube channel and maybe you have that. so next time the

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sold the plastic cool stuff at the rainbow successful and move in sooner. the a c d, w. does the wells need nuclear power more and more countries all the best thing on that school. so for climate reasons, off of the international market is dominated by russia. how dangerous is this depends on atomic energy climates and russia in 75 minutes on the d w. fast fashion as an environmental 9,

a clothing graveyard, immature land desert. this is where things well, the industrial nations no longer need and lightest textile waste gets stranded fashion watch now on youtube, the

the this is the, the news live from valid more than 10000 people are said to have died garza the health industry that which is controlled by homos claims that sold includes more than $4000.00 children. the israeli military says it has split the gaza in 2 as it presses its ground offensive offense from soft bestbuy is also coming off. jordan coordinates with israel to add drop food and bad. they needed medical supplies to garza, but hospitals are facing.