i'm about to go in, so i'll let you know what it's like when i come out and, and how i feel i with i feel a little bit invigorated. it's quite refreshing against the water and i'm plunging my head under 3 times. i can see the benefits of it and i can see why many people come here. i'm do this every year. i'm not promising the i will come back and do it again. you can see many, many people who still waiting to, to get into the po, see, as we saw it, it's not the 1st time i've dipped myself in the waters. it's the 6th time there are always emergency workers here. everyone helps with that and she called what's my youngest son and i tried to dip ourselves in the waters every year. i think this is a very important holiday for orthodox christians. it's a symbol of our faith, the russian director. it was in my year earlier saying it's not that cold, it's only minus 5, but well, don't it's thiefs waiting. i'm not fit for an eye from the our team use room, but our programs, they're just getting going see what showing right ahead. ah

ah, the claims of the king of the belgians leopold the 2nd to the congo were finally authorized by the leading european countries in 1885. in the very heart of the african continent. a state under the rule of the belgian monarch was declared. since the beginning, the congo free state was total may him for the local population and functioned as a universal concentration camp. the majority of the population, including women and children, were forced to work on the rubber plantations. those who failed to fulfill their quota were beaten and mutilated to keep the congolese people under control. the

king set up the so called for spook leak, which wear punitive detachments that cast terror on the captured country and its inhabitants. fearing that their subordinates would simply waste bullets hunting for wild animals, the officers demanded that the soldiers gave an answer for every bullet use. and as proof presented a chop hand of an african. it was not uncommon when trying to justify the use of the ammunition, the colonist amputated the hands of not only those who were dead, but also of those who were kept alive. the atrocious exploitation of the congo turned into a real genocide in only 20 years. the policy of the belgians led to the death of nearly 10000000 people alongside the holocaust, that genocide of the congo population is considered to be one of the grimmest pages in the history of mankind.

ah ah, what is this with a community like oh, i'm with it and i'm for my that's you know from for the diesel superscript with physically move it sort of fear that if it's too long for a

move, is it best food in the profit? sharing it with the can. i'm just kind of a big kinetic toe shoe. associate mean us is so new bandanna. got shipment like this. i talked to you and that was fun. i guess joe, i'm with don. this is so lovely. fun with huh. oh, the effects arriving food prices have ripple through the economy from government imposing price controls and trade restrictions to consumers heading back in other areas as a growing chunk of their wallet. jack, this is especially true in emerging market for food represents a large share of overall consumer spending. global food prices have now 3065

percent since the start of the coven pandemic. add that to the recent years of dry weather. and it's been the perfect storm for commodity food prices to rise. and you're watching the cost of everything with the price of everything that goes into producing crops as surging, which threatens to fan global food inflation even more. and even with the rising food prices, farmers are facing increasingly tough margins. so let's take a quick look at the price of mangos over in australia, over the last decade, the cost to produce mangoes have doubled. so to mitigate farmers have taken steps like miniaturize the trees and reducing diesel consumption. but the current sort of crude oil is still crushing margins. and it's not just oil, fuel, water, fertilizer and labor all for inputs have gone up in the past couple of years.

prices for fertilizer, which is used for practically all crops, have risen dramatically in the past year. and in the us, farmers on average budget about $700.00 to $850.00 per acre for input costs for cheaper commodities, such as corn and soybeans. but in 2022, that number has hovered around $1150.00. so let's look at the average inflation of basic input cost that goes into that $1150.00 for planted corn. you have a 5 percent inflation and chemicals like pesticides in ur besides. then you have 13 percent inflation in seed since you have to have the latest varieties that are stronger or more resistant. machinery and equipment are also going to cost you an additional 18 percent than previous years. and then you have fuel and fertilizer that you're seeing 22 percent inflation with the rising diesel costs. and finally, labor. that's an additional 30 percent as everyone's basic cost of living has shot

up and way does need to keep up for some families to continue to work. now let's bring in some miranda mohan t asia regional director for international potato center joining us all the way from lima, peru for more details. so to start off, which segment of the food supply chain is getting impacted the hardest? is it the farmers, the grocers, or the processors? i would say though, the most him back to the deal was not the people in those the, in the supply. and then i was merely getting impacted because in fact i just said that i did the input, particularly for the light base is energy base is dead. i. so i and also on the top of that we have seeing the weighted on certainty in many countries. i just logged out to all these things happening again. so if i get the definition impacted to that, then you have the passing through this i,

i go to the can do was so the controllers are getting impacted. but one thing i would like to mention that they're going to love the devil of going to be that big impacted lot. and they're going to listen. because the way the food will assisting sector in terms of concentration there, you know, we have the record, duffy glen companies and the packing company in the us and use them. what do you see that they see so much so i don't think it's the and i think in the us the but i have been jacked by, by all the food company and the me to be the company that we're going to, to big that the ice maker, but it is. yeah, they're all small. they're not as big guys. gotta get in there. so they may get a place to go, so they get back to the ice dice and, but we don't, jackie, don't beyond that. so i will said the love country and you must have been impacted lot more than the developing countries just because the structure of the pacific

industry and now how much more expensive is sustainable agriculture. and why is it so much more expensive to produce than their quote unquote unsustainable counterparts? yeah, i think, i don't think sustainable if you go to in the expensive than the unsustainable on 1st of all, the conventional factors that with conventional production system. but just just remember that the, all our policies are kind of formulated to support the conventional systems that give 3 inputs, subsidized for ledgers. all these things are up to the basic staple, there in the thing for the practice, and then got it. intensive input applications to, to get the model output. so though it's more of the policy driven, other policy induced which is making sustainable,

expensive as compared to the conventional. but it will give a level playing field, both sustainable and, and sustainable would be lot of money and expensive. for example, externally happens in parts of if you have many parts of it, but people really are not with india. where the, where the problem being fixed, right? after that, i thought that the heart of the blunder because the window but he saw the plan but we only have 15 days. the are the fees and we did so they are forced to start there . but that's the job. one thing, i think billions of people millions of people in daily rounding area. so the next lesson wants to pay for this project. so the lease and the plan, the next comes in. so the partly policy spartley extra reality, which making the sustainable practices lot more expensive. it looks expensive than

the non us and it will then, but i would say it completely for the market. no policy intervention such and that will be it will not be an expensive and the back. it seems that some of the inflated food costs are actually artificial. at least part of it, as it seems to be more so policy driven as the plans for a more sustainable food production system. so how much of the food inflation is actually coming from policy? and is this move towards sustainable farming, decreasing yield? i think in the, in the sustainable fact if there's one thing i would say when we one with 5 was proud of the cost in austin board in the start when moving from convincing to sustainable there. and eventually longer there much will benefit. but the father was really not looking for the long, and i hope you are the sort of what happened to me are you after that?

you know what they do? they do back the sustainable practices, belong to life, then you look much better. they will be much less there, so everything will improve the will increase cost or decline there. but the problem is that i don't think sustainable back this is particular that you love is diving the place. and the european sustainable fact is that they are committing in terms of the loading for the best if i can, because i don't think that going to that is given the current for them to put plays inflation. we see it is given policy driven by the local bartlett given by the developing countries other, other parts of the one they're taking those into, you know, they're still active on the export back. the export ban, those federal thing that is sitting there for the places, not the questionable doctors who have the policy is directed towards the

distinction that including the prices. you know, so not the test and it was back. and now what crops are getting impacted the most by the rising input costs are farmers shifting into specific crops because they are easier and don't require as much fertilizer while yielding higher harvests? got it. i think it mostly the rising cost of the other things they're getting impacting the comes mostly ice. they know it's nice in most part of it then. then eventually the next couple believe which will be back to that and many cases, 5, listen, moving to maybe less input intensive like glendale responses in some cases. but that's not very wide scale. i would say as really isolated the bottom of moving into some of these gums and particularly that they moved to other cups because of the once a deficit in parts of india. that particular india,

they moved from the ice to other go those months when deficits, though, so they could not plan, but i took 2 minutes. but that, as i said, that's really isolated gifts not, not, not life skills in this sam miranda mojave, thank you so much for and i now as base the commodities make their way down the supply chain on to your table. let's take a look at the restaurant industry. restaurants are not being spared from these issues. on top of dealing with the surging inflation and food costs. operators have experience supply delays or shortages of key food ingredients. restaurants are now pay higher prices for many other food items as their margins are being squeezed. profitability is down from pre pandemic levels for the vast majority of restaurants now away combat climate change be a secret driver of inflation. there is

a theory that extreme was our, mikey, a driving force for higher inflation, and we'll have more after the break with ah, a recent interview, french intellectual, emmanuel, todd claims. the 3rd world war has already started. it's epicenter is of course, ukraine. it's a western war against russia and china. if this scholar is correct, then we can expect to be living in a very dangerous world. for a very long time. ah, ah

ah ah. oh, when i was wrong when i just don't. i mean, you have to figure out this thing becomes the adjective and engagement. it was the trail. when so many find themselves worlds apart, we choose to look for common ground. oh, is your media a reflection of reality?

in the world transformed? what will make you feel safe? isolation community. are you going the right way or are you being direct? what is true? what is great? in the world corrupted, you need to descend a join us in the depths or remain in the shallows. ah ah, the climate change be a speaker driver of inflation? well, there is a very that extreme weather worse than by climate change is

a hidden cost of food inflation which threatens to push up already high prices of food, heavy rainfall flooding, heat weighs and grouse. a road agriculture infrastructure and the workers ability to stay on the job. china has suffered multiple weather disruptions from flash floods to severe droughts. and earlier this year in august, the country issued its 1st rout emergency as central and southern provinces suffered weeks of extreme heat exceeding 40 degrees celsius. now this has jeopardized crop production as rice is very sensitive to weather and nearly 60 percent of that is rain fed farming in europe. dairy and meat prices are rising as browse dry out the land meant for raising and growing grain for feed. and meanwhile, historic rains and floods in europe and south korea that makes it hard for communities to rebuild and get back to work cause a massive delays in supply chains. so while extreme weather is affecting supply,

research hasn't yet quantify the exact impact extreme weather has unemployment. and now we bring in, once again, some around do mo, hall tea asia regional director for international potato center. so 1st off, now what countries crop yield is being affected most by this extreme weather we're seeing this year. you know, particularly the ice now being impacted in many, in the se, se a, particularly in the bank like this. so there lot of on some of the up in some key ice going countries and now what about the livestock, our livestock also being affected by extreme weather lives, the landing directly back, they're going to be impacted to increase in the base. the ice goes up. that's going to affect the future and that's many lie so afraid the 100

percent look nice. but example it in the, under the bus book and i said to the ice and same time, 100 percent book and lies these exported to west african countries or india would export ban on 100 percent look advice to make sure they didn't feed the field in the country, so i stuff will be back to the grants are impacted and now we talk about the food inflation problem that we're facing today. where do you think the problem is mainly stemming from? is it policy driven, as farmers have less access to fertilizers and higher costs due to sustainable farming practices? or is it demand driven as they're just too many mouth to feed? or is it supply chain driven or something else entirely? or you would, that is, it can be, this was most recently, it would be mostly due to the due to the supply stocks we're seeing due to the way

the uncertainty in both if you will and america so, so, so this would be more driven by the way the and then the then the, the reaction by the countries in terms of the putting intervention, particularly many indonesia, india export band on wheat export ban on 100 percent book and nice. the export ban on some other type of price. but we don't export tax on something in the export band on into this bomb while they're in your claims with out of different countries policy the sticks and then to make sure that they're not available in the domestic market so that you don't put in place on this but it all started, i would say going back to the beginning of the end of me when it started started with the logistics asportation level thought did this, then we have the one,

you know, you can look that impacted week up and that we've explored our next board, so what are the inputs i did, but now it's most new whether it can be there. so everything is going to call them and they've been having the level of food places in globally. so it's really like the perfect storm is the perfect stuff. exactly. and the thing is that the dog has already these the peak in the country, particularly us and you know, but the dog is body know, starting the beginning will be taking out a couple of months or 3 months to big because they'd always lack between the, the price, this bonds in the, in the latest one to because a lot of ways going to only think of into the united states and just like export x export ban and keep the investing law for the wise. so we are seeing that lack there. so we left the money in the global prices continue to fun,

they will see the life is big and the start fall. but that's the main to see what happens to the global base, the united nation world food program. they have come out to say that this crisis is actually about affordability, meaning that there is foot available, but that these prices are just really hot. so do you agree or is it just putting a nicer spin on things? no, i think the 6 of the society, the quarterly, closely that impacted by the base increase and affordable and they can come into the plane there. but they have lot of shows have them. are you talk about india or bangladesh? the places are subsidized or the blue income group in so they have they have not been impacted by the affordability so much. but it's actually got a big, big play because

a lot of them there that impacted by the global prices. so. so i think that that plays into legend starting part of the world. that's what i'm definitely thank you so much. so miranda mojave for being here with us today. now, who are the winners and losers of the actual food prices? food prices have hit their highest rate of growth in some 43 years, and unfortunately it is hitting the low income people the hardest as food eats into a greater percentage of their budgets. now between july of 2021 to july 2020 to the price of eggs jump. 38 percent. coffee jumped 20 percent chicken. 16 percent bred, 13 percent. so as anyone really went here. well yes. because the money always flows upstream and many of the chemical companies making fertilizer are boosting their bottom line. monsanto is also building stronger though controversial feeds

pull cash and tara are selling fertilizer to boost crop yields. so those industries are in a good position as the overall global food supply is shrinking relative to demand as the world population grows. so how long is food inflation going to last? well, it looks like it's here to stay for the foreseeable future as so many policies are unintentionally yielding lower crop harvest. food prices will continue to increase in the near term, but should peak sometime in 2023 as supplies stabilizers and farmers invest into expanding their acreage. thanks for watching. i'm just the i and i'll see you next time right here on the cost of everything. i

lou needs to come to the russians state patrol never unfortunately no slam ski with speedy. one else calls with will ban in the european union. the kremlin. yup. machines, the state on russia for date and c, r t spoke neck, given our video agency, roughly all band on youtube with mm

hm. with the, with the clinicians set up with them or do you have to be on with back last year? no, we do. mom of her daughter slash a flash from. yeah, cuz i would have moved enough. i just wonder if the social's love to let you know this level of record what, what sandwich it is work for that. you will do it on google. seduce me by 4 feet

long on something more level less you would you do by oh, is your media a reflection of reality in the world transformed what will make you feel safe? isolation for community. are you going the right way? or are you being that somewhere? direct? what is true? what is great? in the world corrupted, you need to descend a join us in the depths or remain in the shallows.

ah a you know, a community like oh i, i don't then funny you move it and i'm from my that you know through for the result the bus get pretty much. yeah. kids get physically more vis or to pay a visit to long with that they can, i'm with, they connected me necessarily, bandanna,

got shipment, but i left this with in don't both. the russian private military group, wagner sees it secured a key suburb of the strategic city of our chima local to work safely by the way to being sharing their experiences is good if your mom i'm from or to yesterday, wagner evacuation can many thanks to them for pulling this out, otherwise we would have died there with hopes are high in sri lanka, up securing a much anticipated low. busy from the i m f worth billions of india's external affairs minister.