Russian troops in faded the ukrainian city of compliance. It was recaptured. 6 months later. The occupation this hard drive under russian occupations resisted who collaborated . How can life go on after all the terror . Not everyone can endure the fear, weeks out every day. When russia starts august 25th on dw, the rough week ends on your pay in markets. Laser index is across the continent to down after a set of blue me economic updates will ask whats going on at all we paying to little rock food, we visit a supermarket, thats high prices to reflect what it says, the true costs state of your business on robots in bell and welcome to the program. Can your parental itself out of . Its kind of like funk date this week. Indicates a Business Activity in the your as are in declined as an even faster rate in july, done in june export because from gemini this because i suggest its straining to escape, its economic down to the bank of england or so hiking Interest Rates yet again on the state problems across the continent to appear to be assisting so lets discuss the situation in your with your kramer chief economist, i commerce bank. Thanks so much for coming on to give us your expertise on this at the end of a week. But if at all kinds of data floating around, if we got anything of a better idea of both the situation, new york and economies ended and what had today we had a surprise increase and manufacturing orders in germany. But this was only due to bike orders. If you have the track from the special effects, then youll see it then youll see a continued downward trend. And this impulsively to indicate is all of the size. All the signs are that the drum and economy is heading for recession and the 2nd half of this year. Germans on many your offensive. Ive had a difficult yeah. Even longer, in fact, the price is rising and such as we the point yet where your pains can start to, to think about recovery, it should be pricing themselves for continued strain on the Household Income as well. Lets put it this way. I think the pain in terms of inflation is using the inflation rate in the usa and has come down from over 10 percent to roughly 5 percent. Therefore, this is better bought to dont forget that the c p had to raise Interest Rates, buy more than the 400 for the 5 basis points. And the such rate hikes, which we also see globally typically takes its toll on the economy a. This is a main reason why we expect that the us on a call 8 us on economy should also go at least into a kind of technical recession. That means its not only a forecast for the, for germany, but also for the us on, due to the sheets increase in Interest Rates globally. Okay. Your claim from kind of bank, its been really interesting to just get your reflections on the others that strings data that weve been getting this week. Some surprises in that some good, some bad, but thanks to taking us through them. Now lets take a look at some of the other Global Business stories that are making the news to in the us. A 197000 new jobs outside of the funding sector. Recreation in july, thats slightly fewer than expected. You unemployment wrightfeld, i from 3. 6 percent to 3. 5. Rising Interest Rates and increasing wages may not ex, best off saying the us labor market remains robust. China central bank is less to increase Financial Support for the countries. Private enterprises such as will make it easier for them to secure bank loans. China is currently suffering from decreased foreign demand a week and real estate sector, rising unemployment, sluggish domestic consumption. I mean, its highly and low. A 5 minutes has passed a law or given kansas. The volume has the right not to declare the past condition to find the insurance agencies effects. 1000000 people who recovered from cancer. The survive is often being refused to loans or cover because of their medical history. So my laws already in place from portugal and some other countries and a cyber criminal couple have pleaded guilty to attempting to loan to have a 4000000000. 00 with a bits claim they stole during a hack in 2016. At the morgan, emilio lichtenstein were arrested last year in new york after police operation, the link the assets to the crypto sliced inflation has seen many your fans paying an awful lot more for that groceries than they used to. But some environmental, this would argue that were still not paying enough for the foods that we eat. Now. One gem and Supermarket Chain has temporarily increased its pricing to reflect the true cost of each product sold out. And that despite a 60 percent price rise, the organic yogurt at this berlin store of supermarket penny. So a price pump as part of a weak low Marketing Campaign across the country as 9. 00 products, including yogurt, different types of cheese sausage and beacon schnitzel a part of the so called true cost campaign, drawing attention to the true impact of groceries on the environment. And event customer, real costs include the costs stuff, environmental effects, not just the value of change which we have for the cost of the environmental effect. Consumer prices could be different from what we have now. And if we do that, researchers have calculated how various products affect Climate Change during production. For instance, honey, my waste and its impact on the climate, the amount of so degradation caused by farming how ground water is affected by production and the Health Hazards such as harmful pesticides. So products need to be significantly more expensive. 400 grams of sausage cost, 88 percent more, but only 9 percent of the several thousands of products. It sells a part of the campaign. And the discounts here has also made other products significantly cheaper. Many customers. I shocked about the high prices we had to adjust. That means we had to look carefully to figure out what to buy in costs. We thought that would be a roast on the weekend, and thats it. To get a new roast and noise to every 2nd day. And quarter, even though so produce the farm, us dont get anything they need that. Thats where its justified. Some of welcome to pennies effort to raise consumer awareness. But others, including the farm is association and food watch. Consider it green washing. Thats because the discount are, isnt ready to pay for juices, adequate prices. It is unfair to infinity. The many from us also see it as a bit hypocritical when a company that spends all its time trying to push the purchase of prices down and buy some beggary. Cultural products at low prices. And then it suddenly comes up with ideas like this. You know, the ones, the Campaign Ends next week, the products will be returned to the cheaper prices at penny, despite how much they harm the environment as well. Lets discuss this a bit further. With the results on from data we were environment good to have you on the program. So what are we looking at here . Is this uh payoffs done to the greenwashing are they actually highlighting and relevant points . I think its a little bit of everything. There are definitely groups that are cooling the company out for green washing and accusing them of hip hop, christie too, because walters prices have gone off from those 9 products. They are still being pushed down on other products with little regard for the environmental cost of those. But theyre all organizations as well, like green piece, for example, that have praise the campaign for bringing focused to what is a big problem. Um for production costs is around a set of Greenhouse Gas emissions and also causes other wider impacts the environment. So its good to have your attention brought to that. Yeah. So what is it that people do need to know about the environment, Environmental Impact of the production of the foods that they buy in the 6 pocket . Well, i like to start with an example. Im sure there are a lot of people who have had buckets for lunch, for example, and beef is a big problem when it comes to the Environmental Impact. A lot of land is cleared to make way for capital launches. This is big problem in the amazon, for example, where it accounts for 80 percent of deforestation. Not only does this stop those trees being able to sequester carbon dioxide, it also kills off uh or damages habitats for animals and for plants. Um theyre also crops, for example, where we use pesticides which are responsible for killing insects. These for example that we need for public pollination. And then theres a foot slices which will say washing to our rivers and can cause problems by diversity, but also for human health. How does this will relate 3rd to how much we, we pay for it, i guess. What are the harmful processes make food . Chief s o, is it just a fact of were ready with a painter level profit . I mean, some experts would say that we definitely need to put the price off now for your general need to help cover these costs and also be in direct impacts of the environment, sorry, of the, the Food Production in floods. New some organizations have advocated, for example, for taking away tax from plump based fluids, which are generally better. So the environment, im putting higher taxes on meat and Dairy Products as an example. But there are worries, but obviously this could have a negative impact on consumers with lower incomes were already struggling as a result of installation. Lets say thats so thats interesting is that we could get, you know, cheaper organic fates and more expensive beneficial results on thanks so much for taking us solstice. That drought is taking a dramatic told on one of the was most important was the ways the Panama Canal Authority has announced plans to restricts the number and the size of ships passing along. The weird images could mean as much as 200000000. 00 of trade is lost. Next year, a more than 14000 ships went through this waterway glass here. Thats the highest annual numbers seen in the panama canal in a decade. With that set to change this year and next due to a drought the from the survey to evaluate the Current Crisis is unusually severe. Its a good one robin started from now until september, next year. I think we should be operating under very tight restrictions. The drought is the major challenge, and the peculiar feature unique to the panama canal makes it worth the look at the major disadvantage that depending on the canal has compared to other maritime roots is that we operate with pressure walker. While the other is use salt water, what do you need . So our model, the panama canal needs rainwater to operate smoothly. A drop in water levels limits the number of bolts that can pass through. That will hit the panamanian economy. As the waterway accounts for around 40 percent of its economic activity. And just lastly on the program ready, freddy. Freddy mac uris possessions up for auction in the u. K. About 30000. 00 objects. The guy under the hammer, including the clean front mount royal road and crown, the sense base of the auction is a baby grand piano in which he compose some of queens biggest hits, including the human reps. Its expected to reduce at least 2000000. 00 that funds can see all the lots for free surveys in london until september, the se. So from the end of Business Team here in berlin, from o at the data, we dot com slash business. So that the domain is issued to take out the or the star pcs conservation panda. But what about animals that are list cuddly . They often find themselves on the side line. Researchers want to change all that and call for more courage to be ugly. The sample size and the on the cradle of an ancient civilization. As weve never seen it before. From above. We fly you over eat on and uncover in valuable cultural treasures. A dream tour on a low altitude flight. 8 on from above the in 45 minutes on the w. What secrets lie behind the discover new adventures and 360 degrees and explore fascinating World Heritage sites dw World Heritage 360 yeah. Now the in the heart of gemini, somewhere in the hearts mountains, a creature that movie star, unaware of some core that the human fish