Russian troops and faded the ukrainian city of coupons. 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 rush start to august 25th on dw, a rough week ends on your pay in markets. Blazer index is across the continent to down after a set of gloomy economic updates. Well ask whats going on at all we paying to little rock food. We visit a supermarket. Thats hyped. Its prices to reflect what it says are the true costs. State of your business on robots in bell, and welcome to the program. Can your russell itself out of its kind of like funk date this week, and the kinds of Business Activity in the your as are in declined as an even faster rate in july, done in june export because from gemini this week goes, i suggest its straining to escape its economic down to the bank of england dos or 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 comments bank. Thanks so much for coming out to give us your expertise on this. At the end of a, a, we clarified all kinds of data floating around it. We thought anything of a better idea of both the situation, new york and economies ended about what had today. We had a surprise increase in manufacturing orders in germany, but this was only due to bike orders if you have to track from the special effect. And youll see then youll see a continued downward trend to this important view to indicate as all of the side. All the signs are that the German Economy is heading for recession and the 2nd half of this year. Germans on many europeans of, of, had a difficult. Yeah. Even longer, in fact, with prices rising and such as we the point yet where your things can start to, to think about recovery issues in the 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 us on has come down from over 10 percent to roughly 5 percent. Therefore, this is better bought to you 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 the main reason why we expect that to use on a call a 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 it from kind, its bank, its been really interesting to just get your reflections on others that strings data that weve been guessing this week. Some surprises in that some good, some bad, but thanks for taking us through them. Now lets take a look at some of the other Global Business stories that are making the news, the and the your as 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, thats all saying the us labor market remains for 1st. 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. And the italian low of 5 minutes has passed a law or giving kansas the volume has the right not to declare the past condition to funds and insurance agencies effects. 1000000 people who recovered from cancer survive as often being refused to loans or cover because of their medical history. And i lost already in place from portugal on 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 then they used to. But some environmental, this would argue were still not paying enough for the foods that we eat now. One, gem and supermarket jane has temporarily increased its pricing to reflect the true cost of each product sold out. And thats 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 are part of the so called true cost campaign, drawing attention to the true impact of groceries on the environment. Move on custom to improve 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 this 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 a discount 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 the 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 even though so produce the farm, us dont get anything they need it. Thats where its justified. Some of welcome to pennies effort to raise consumer awareness, but others, including the Farmers Association and food watch, consider it green washing. Thats because the discount are, isnt ready to pay for juices, adequate prices. What speed 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 larrys on the phone 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 focus 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 the 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 fear that they buy in the 6th pocket . Well, id 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 place of castle 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. Beads, 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 provide of s t, but also for human health. How does this will relates 3rd to how much we, we pay for it, i guess. What are the harmful processes make food . Chief s o. Is it just the fact that were ready we are paying through the profit . I mean, somebody experts would say that we definitely need to put the price off now for your general need to help cover these costs and also begins direct impacts of the environment, sorry, of be a Food Production blogs. Um, 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 inflation. Say that. So thats interesting. So we could get, you know, cheaper organic fates and more expensive beneficial results on thanks so much for taking us. So it off this 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 roads. The measures could mean as much as 200000000. 00 of trade is lost next year. A more than 14000 ships went through this waterway last year. Thats the highest annual numbers seen in the panama canal in a decade. But 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 crash 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 Freddie mac uris possessions up for auction in the u. K. About 30000. 00 objects. The guy under the hammer, including the clean front mans royal road and crown, the sense base of the auction is a baby grand piano at which he composed some of queens biggest hits, including the human reps. Its expected to rise at least 2000000. 00 that funds can see all the lots for free, at 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 to have you all ready for god for getting is necessary. Our brains use to store some things in order to keep the important thing. When does forget to come a disease thread, were offering you hope in the development of the progress against alzheimers and dementia. So please dont forget to watch tomorrow to do the w 2 need to be online. Think it in the known alicia is italys oldest influencer. She shows how you can be a social media success even has a great grandmother. Take a look. Weve got some hot tips for your bucket list, the magic corner chat, hot spot and some great culture more just about w travel off. We go the, if you will, from the city, you might not know that those loans improve the quality and structure of soil. And they also play a decisive role in el paso with Climate Change. Because theyre responsible for storing huge amounts of c, o. 2 in the ground