Really working. Following its invasion of ukraine heavily sanctioned russia still has france, even with the worlds top economy, the u. S. Banning russian oil and europes economic engine, germany weaning itself off. What is russias cash cow . And thats the main filler of its war chest. China is buying more discounted crude than ever from moscow. Russian oil makes up a quarter of Indias Energy and ports. Thats due in part to sanctions placed on iran. And dell is not backing down on its reliance on the rations, despite criticism from western nations. International trade and industry are always looking for alternatives with political and environmental concerns. Just a secondary fact up. Also coming up today, ocean Noise Pollution, saving marine life shopping just got really cheap for sob, and overpriced rentals. How living in new york has become a luxury . Welcome to d. W. s weekly business show made. My name has been the incense trade route was an ancient network, linking the mediterranean with sources of incense and spices. It was controlled by the arabs who brought frankincense and murray by a candle to patrick in india. The dangerous ball got mountain passage connects boom by and calcutta. The chill could trail between canada and alaska brought furs and gold. Slaves were traded along b r p on way, one of ancient brooms, oldest roads, trade routes have always brought tremendous riches. China is breathing new life into the oldest fruits, the silk road, and rushes redirecting its trade to get around sanctions. Thrushes, war against Ukraine Violates International law. Thats why the west has opted for comprehensive sanctions against russia. Many russian goods are no longer allowed to enter the west western ports or close to russian ships. But could russia get around to sanctions by using a new trade route . Oh, western sanctions have cut off russian trade with the west. These sanctions are intended to hurt russias economy and have already had revenues from exports such as oil or timber. Now, the russian president wants to avoid the block to pass through the west with the help of some new partner countries. You stand look was nisha, they will become the most important section of the north south corridor, which will provide stable routes to the middle east and southeast asia. And as we expect freight traffic along this route to begin growing steadily in the near future as the usual trade route from st. Petersburg to learn by is a root of 15000 kilometers, which takes about 40 days. The container ships travel through the suez canal to move by and on to other asian markets. The new route is russia solution to the current blockade. It goes from st. Petersburg to moscow, as or by john and iran, and ends in one by called the international north, south transport corridor. Its about 7200 kilometers long. Less than half the usual route. Companies save around 20 days of expensive transport time. For russia, the new route could help replace the diminished trade with the west. But what to the other countries get out of it. As far as i know, the only just just started very recently with a couple of tryouts, but it would save time and be much harder. And it would also, and thats a very interesting for, for the countries in bowl slide, like india or russia. It would also enable these countries to somehow get away or get out of scope. Ready from the western sanctions, most of the worlds population lives in asia with a new transport root, russia, gaines, more direct access to these big markets. But our Freight Carriers actually using the new trade route. We asked an indian logistics, entrepreneur 4. 00 to 5. 00, and then my cell, im every year or something along the loop. And so the celebrities across division, i met you last good. Did you the best im reach mostly for days or does the increased trade with russia mean that india is helping co finance rushes, war of aggression against ukraine. U. S. Diplomats in india have intervened and asked the country to stop maritime trade with russia so far without success. Us does not want us to be nice. Yeah. But that is a point, no issue of a still is implementing relationships reach agenda india and many other Asian Countries have a new self confidence and they do not want to be forced to support western sanctions against russia. You can definitely say that the, the war in ukraine is a game changer. And not only a game changer for european security, our military policy, but it, it is a game changer for the Global Economy for global trade. It more and more looks as if were really moving into a kind of world with 2 major blocks. Its a development where one block in particular has the advantage. Since many Asian Countries are happy to step in and take over the west, last trade with russia, i dont know if dolphins or into any one type of music, but what i do know is that our oceans getting louder than ever. Thats thanks to container ships offshore wind farms, gas a exploration, the excessive noise kills plankton scares fish away from their feeding grounds and renders wales death. What should industry be doing to help . Ah. 2 2 the ocean is a symphony of sounds, at least where they can still be heard. We humans have made the sea noisier than ever before. And the way things are going, the underwater world is set to become one thing. Even louder with devastating effects on marine life. Oh, keating, tis creditor, lloyd, and sensing their environment, theyre really finding or is it actually okay . Lets explore some smart ways of turning down the volume in the ocean and find out why this might also be good for the climate underwater sound. Waves traveled extremely fast and up to thousands of kilometers. Sound is essential for almost all marine animals from whales to jelly, fish. Mm. Animals you sound to communicate, to navigate, and to find Meeting Partners or pray. But hearing what those creatures need to hear is getting increasingly difficult. Summary life is currently exposed to noise levels that can destroy their sense of hearing, literally render them deaf or kill them. Its like youre logging around in a fog. Thats a pretty serious effect to for animals that depend on sound so much. So why are the oceans becoming so noisy . One factor is offshore wind farms, and when energy is generally a good thing. But installing offshore turbines creates a great deal of noise. In the north sea, it damage the hearing of porpoises driving them away from their feeding and breeding grounds. And agents are most likely exceed pilots and they have to drive into the steep it by hammering or and pick pile driving. And this course on the water noise which is smallest, comparable as in stopping aircraft. The sounds emitted by the pile structural elements smashing into the sea floor travel several kilometers from the source. But help is on the way compressed air flowing through tubes on the ocean floor round the piles creates bubbles that rise to the surface, forming a tight insulation curtain. Fewer sound waves managed to penetrate the barrier leading to a 90 percent reduction in volume. This is how things sound without an air bubble curtain and this is with an air bubble curtain. Challenging issues that if to, to lift with feel for conditions, wind, waves, weather conditions, currents and so on. But thanks to tie to regulations, the curtains are now almost standard for construction of germanys north sea coast. And interest is also picking up in the us, the netherlands, and taiwan implementing bubble curtains cost just one percent or less of the total investment for an offshore wind farm. Music loud, were going in. So Wind Turbines are one thing, but theres a bigger problem. Container ships ah, International Shipping is by far the main source of Noise Pollution in our oceans. The culprit and the potential solution is the ships propeller. Domestic Pressure Cooker is worked by controlling the steam pressure inside them, pushing up the temperature at which water boils. The resulting higher heat means faster cooking. I ships, propeller the opposite happens, not with food, but with water and effect called cavitation. So it, due to the fast motion of that propeller through the water. Locally, the pressure is extremely low. So that ambient temperature, the water boils and creates the am bubbles, creates a vapor bubbles. And these bubbles grow. And these bubbles shrink and collapse. This generates noise levels comparable to a rock concert on dry land. The solution has the potential to be good news for the climate. And the Profit Margins of big shipping companies, essentially, fewer bubbles can mean lower fuel consumption. In 2017 denmark based mask retrofitted, the propellers and engines of 5 vessels, primarily to say fuel. But their sound emissions also dropped by 75 percent. This add on device improves the vessels flow and the water, which according to its maker means less cavitation and fuel savings of up to 8 percent. But installation isnt cheap. And shipping, firms are rarely obliged to make. The changes with cargo price is currently very high. They prefer to keep ships in operation rather than investing in a retrofit for many ships. That could be savings possible, especially due to the fact that each ship needs to go to dr. Doping each say each a 4 to 5 years to incentivize ship operators. The port of vancouver has cut port charges for certified quieter vessels by as much as half ah, but the loudest offenders are seismic air guns. The fossil fuel industry uses them to locate new oil and gas fields in the ocean. Their sound waves are as loud as a spacecraft and can be heard hundreds of kilometers from the source. Oh, for days, sometimes even weeks or months, these tubes fire out compressed air every 10 seconds. Ah with every blast, 2 thirds of oz, all plankton larva within a kilometer of the explosion, dropped dead. They insure the health of the ecosystem in go credibly wasteful their way too loud for what they need to do. Ironically, the fossil fuel industry is itself conducting research on more environmentally friendly methods for its surveys. One technique is called marine viber size, which generates the required signals by a vibration instead of an explosion. The result is more of a constant hom rather than a big sudden blast and air gun. So strong a good a for if you are more. Whereas a virus eyes on land, you can put an egg underneath a panic. Wrong, great initial model suggest that the impact on marine life would be just 10 percent of that of an aragon. The likes of exxon mobil total energies and shell may have their eye on another advantage. However, marine viper size can also map oil and gas in shallow waters. But doesnt this sound paradoxical, more sustainable methods to find more fossil fuels . We really should not be. We just should not be searching for gas under the o she any more we, you know, we really need to make this green transition. Thats the main solution. There are plenty of options for reducing marine Noise Pollution, but more progress is needed on the regulatory front. In 2011 germany introduced one of the worlds 1st noise limits in place to protect north sea marine life air bubble curtains are now standard there, and the industry is doing fine. Taiwan is introducing a similar regulation. Quieter is better for the environment, but without incentives or new laws, the industry has few reason to change. The euro is at a 20 year low against the u. S. Dollar. Its always been a safe haven in times of economic upheaval and with pressure on europes common currency. Mounting, investors have been flocking to the greenback. Thats great, used for tourists from abroad, with their purchasing power determined by the Exchange Rate shopping as become an especially rewarding experience. The euros been falling good news for some people. We really like the low euros. For others, the weakening currency is a wake up call. Everyone knows that the europe is the weakest spot currently in the Global Economy. What does the weakening euro actually mean . Ah, i bought a bag, which you can see here. I believe i saved around 500. 00 from the currency as well as the tax reduction. The tax refund for tourists from outside the euro zone right now, shopping has become an especially rewarding experience because their purchasing power depends on the Exchange Rate. And currently, a dollar goes a lot further in europe than it used to. In fact, the euro is weaker than it has been for 20 years, and experts think it could fall even further. What happened . We were at 122 last summer. And since then, what has happened since then we see that there is Monetary Policy differences. So the u. S. Central bank, the federal starting to high Interest Rates, and then we have to warrant since the war started. We have uncertainty in europe, and these factors have really made that people and traders, investors withdrawn their investment from europe. And this means were going to have this all in currency. The strength or weakness of a currency also reflects expectations about the future of the relevant economy, which is not too rosy just now. The economy is heading for recession, lot big cost by the spike in energy and food prices. Also, the European Central bank is significant. Be slow in rating rates that the u. S. Federal reserve, as a result of the euro, is trading well below its failed value to the u. S. For the European Central bank only started increasing Interest Rates in the summer. But so far, the effect has been limited to merely slowing down the decline of the euro. The problem for the c b, nothing they can do will produce more energy and well make it cheaper, all will make a war. Im saw, all will produce more microchips. Ah, these are the big problems facing the e u. Economy. Normally, items exported from the eurozone would benefit from the we currency. But with High Energy Prices at home and chips in short supply, European Companies have to charge more for their products. Another downside of a weak currency is imported inflation. A weak currency means that imports become more expensive, maybe o point 120. 2 percent of the current inflation rate can be attributed to the Exchange Rate for you have he and consumers. High inflation is a growing concerned while for tourists paying in dollars. The deflated euro means they can keep on enjoying their shopping sprees. We really like the low euros. Yeah. Its cheaper. We love shopping and we do have fun. 9. I was the earliest labour got to the high shops and i and catch a couple of things that are normally buying the usaa as good to be able to shop here and actually feel comfortable about it now. Never really found anything fun about shopping bad, while american tourists hit the high straits of european capitals on their lavish shopping sprays. The Real Estate Market back home is taking on a new development. New york is now the most expensive city in the world. A central one bedroom apartment will cost you about 2800. 00 euros a month, on average. The rents in San Francisco and boston not far behind here in europe, a london flat will put you back. 2100 euros in hong kong and los angeles. The right is just above 2000. Its no wonder the coals for Affordable Housing a growing louder. We took a trip to the big apple, where rents have searched by a 3rd since the pandemic stomach unsettled in no mental number. Oh, the will to protect his familys home. Get fabian bravo, a voice. Hes fighting back against him. Moving rent, increase my bill. I moved to little thinking, you know, that you know them. Yeah. I know they would send us tenets out into the street where no fair life is possible. I want to know if maybe the oh for tens of thousands life on the streets is already a reality. Homelessness in new york is the highest. It has been in almost a 100 years. The main cause to little Affordable Housing. Average rent prices are up by a 3rd compared to 2021. And so our evictions, sam chanda and specializes in real estate finance. He says that the end of the pandemic is forcing up prices as a larger number of people have come back. As people have looked for more space and as a result of that, youre out of a desire to have more space spending more time at home. That really putting a lot of pressure on the rental market rents increasing fairly rapidly over the course of the last 9 to 12 months. Rising rents together with a 40 year inflation hi. Are putting many new yorkers in a bind. What we see is that Income Constrained families are inevitably the most impacted that they are having to make really top choices. Families are in some cases, having to spend less on education, food, clothing, in the kitchen. The fabian bravo and his family. These choices are a daily reality. Nora bravo works as a housekeeper, 7 days a week. She worries, because food prices are biting into their budget. They kicked me foyce golf out when i neither found nice golf tonight and i things on the phone. So we have to change a little bit before we live, like 2 more chickens. We lay only one. So we as this the way. So now we why more base double cucumber earth. Um, so larry, we looking for the idea is that the family of 5 is crammed into a 3 bedroom apartment in brooklyn. The building they live in is designed to be affordable. Only the city can decide to raise their rent. The increase proposed this year would come to about 70. 00 a month. 17 year old samantha has to help shoulder that extra cost. Shes graduating high school this week and already has a job lined up. I feel kind of i grown up because usually like, its more so like the adults that like pay for the run. And i feel like i have more responsibility to make sure that all my, like my family can stay in the apartment a month. Fabian bravo had a work injury a few years ago and has been unemployed ever since. He doesnt want his daughter to have to pay for rent with money she could use for her tuition. Plan. See that one the one of my there is some with the stun, my band local nathaniel beer, killing teenagers. Dreams. If i dont speak out, if i dont raise my voice, who will give . I dont want that its. I have to do it for my kids in for my family. And i mean me for me, miss equals with rent out pacing income throughout new york. Its not just low income tenants who feel sticker shock. So i live in new york city and my rent went out by 2000. 00. So i have to move. So my rent went up 2000. 00 from 30025000. Okay. I guess i got to break out the receive a couple people who believe me, why would i buy a guy . So i just wanted to give you all for to me. So i guess deanna moved to new york and a year ago for her marketing job. She was sharing an apartment with a friend when their rent rose by 1000. 00 per person and more about how i was able to find 1000. 00 increase per person, was just completely unreasonable and not something that i felt comfortable doing. Like i could technically, i could do it, but i would have to like, never go out anymore and reduce my 41 k. And its those sort of things that i just wasnt willing to do living room area. So she now p is 3500. 00 for her new apartment. Its slightly more expensive than the old one, but she also feels the space is an upgrade yet. We watch the bachelor here. I just feel really fortunate. Like i know that there are so many other people who had to run increase and are not in my situation where they could afford an even the increase that i ended up taking or, you know, had to move elsewhere or even worse, you know, put in a really dire financial situation for fabian bravo. Moving would be too expensive. So hes fighting to be able to stay city appointed board decides on any increase in his rent, by making his case to them. He hopes to keep his home affordable. Well as well. Good evening everyone. My name is fabian b one. So he tells the board about his debt worries. He says that inflation is making his family anxious, and he ends on a plea. Keep the rent increase at 0 percent. A few days after his speech, the board decided on the highest rent increase in almost a decade. It will affect 1000000 apartments in new york. But for fabian bravo, the fight for Affordable Housing isnt over a. But the battle does seem to be over for so many of us. Housing prices in the us are only becoming even more on affordable in australia, on the other hand, property prices are pulling at the fastest rate since the 2008 financial crisis. Lets see if that becomes a trend. Thats it from us at made nice to have you along to you again soon. Bye bye. Oh oh oh oh ah with ah, does the cyber world make us sick . Ah, these worries exaggerated. At what point to digital stimuli overwhelming to the blank count reality, the process. How to helpfully navigate the waters of a constant be connected word in good shape. In 30 minutes on d, w. Back to ukraine. Gere cozen has no idea what is waiting for him in urban but the photographer has made up his mind. He wants to document the devastation and human suffering may accompany him on a difficult return to his home country, which is still at war. Close up. In 90 minutes on d. W for red alert for the blue climate. Ah, were going to have some epic. Moreover, water water is become scarce. Commodity with global struggle for water thirst starts august 10th on d. W. A n. A crosby entire continent with a variety of cars. So what on this . So we focus the movers, shake as visionaries and made when by the, the meaning of modern africa is actually starting august the 5th and d, w. Mm. Mm. Frank food, a hot International Gateway to the best connection, self road and radio, located in the out of europe. You are connected to the old world mood experience outstanding shopping and dining offers and drawing our services all be our guest at frankfurt. Airport city managed by fraud lou ah ah, this is dw news live from berlin us. Hi speaker, nancy pelosi visits taiwan and deliver is a message america stand with town. The highest ranking us politician to