And russia refused to extend it. Instead it started attacking ukrainian ports. Since then, t of has been looking for tentative roots to exploit. Its great. Well be looking at those in this edition of made dw business magazine also coming up on the show. Its bains, new minimum wage leading to job loss of country growth, help save the weld and reduce consumption. And what kind of digital you wrote pre chip on to, to invalid. Welcome to the show. Early this year, spain was the leading buyer of ukraine in green. Ukraine, exported 2900000 tons to spain. And no, far behind it came china and turkey, 650000 tons work, split it to egypt, and 300000 tons to germany. Now that the green deal has ended you crate and farmers need to transport grain overland by poland. Flow back you hungary, romania and fold area. But these countries already fighting back against the flight of green, by introducing import stops, a Russian Rocket attacks a green silos of the printing company, rein alliance, spoiling 16000 tons of wheat. The attack was recorded by one of the Company Surveillance cameras. Green alliance grows wheat, rape seat, and may use on their 60000 hectors of land before the war. The harvest towards ship, from the harbour of odessa to china and came the leisure. But thats changed since rushes blockade of the black sea port t leads. And we think general it was going to indonesia and markets. China was primaries, markets for, for form. Ukraine, unfortunately is not there because so making the, the west coast bar. So it was like seaports, closed is not still possible brought us lava. The capital of slovakia we used to Green Alliance managers have come from hours long meetings with customers who want to buy green before the war. The big contracts from china in indonesia, but now they have to struggle to find new customers, you know, where were located. And so i can so like is one of the challenges that custom clearance. However, having access to europe in the roadway, we are doing direct press loading and sending products to delete germany. Elsewhere in europe with our players and customers, are willing to take it to take the land route through the e u. Grain alliance has purchased an entire fleet of railway cars but they can no longer export the green to china or indonesia, because the transport costs by land would be far too expensive. The right on the ukranian slovak border Grain Alliance has purchased this loading terminal here, the grain has to be reloaded onto a narrow, or european standard wagons that costs time and a lot of money. The Green Alliance managers are under pressure. They have to sell their goods and keep the business running so that they can pay those 700. 00 employees. There is 12 month cycle and we have to continue. And the continued we need to export drain, we need to sell it to get any proceeds. Its not just about money, but about employment that about texas. Its about over all the gone, the mill for crane and the economy of companies. The slovak farmers who work their fields right next to the loading terminal, support your brains, fight against the russian oppressors. But theyre suffering from the drop in grain prices triggered by the brain, imports from ukraine to him i spoke, i can only sell his 200. 00 tons of weed from last year at a significant discount. He hopes the prices will go up again, and his grain doesnt go multi before then. Thats a fund our company is to sell a lot of green to poland and hungary for the market. There is a full little ukrainian produce. I think bundles and billy resides. We can find the transportation over the truck, so its only loading it quick with ease know that a stuck on those of you. What was me and you click on this yet. So is that despite the fact that 5 countries of them, the import, a few korean green, but Green Alliance is now experiencing increased demand from drought stricken italy in spain. This training is on its way from the slovak loading terminal to the northern sea port of the docket, where large amounts of grain are being shipped the distance some 1350 kilometers. The transport costs are accordingly high. The ukranian Green Alliance managers have found a german buyer here. They have no idea what he plans to do with the green media. It will be shipped to africa or it might even stay in germany. That annoys farmers like literally sure. Yeah. Also grow grain on farms in the region. Live here is that a lot of ukrainian green in germany, you will cause prices to plummet. G says any ukrainian green arriving in germany should only do so headed for the ports and on for export elsewhere. Like a nomic leave and make a lot of sense for the easier to subsidize the transport of ukrainian week to the north in the baltic seas. So that this we could go to the developing countries and that leaves the greatest needs their kind of rushes warren ukraine. Is rocking the worldwide green market, but despite the many difficulties, ukrainian producers are still finding ways to export their grain, the consumption against russia help and the war in ukraine. While the animals sanctions is to stop Armed Conflicts and weaken dictators, experience shows, they rarely do that. So what does the International Community achieve when it imposes functions . Here are some answers to the sanctions. Hutch really that meant to end holes. We can haul mongers prevent Nuclear Weapons manufacturing and transformed dictatorships and to democracies sanctions. Foster right now, the most sanctioned country in the world is russia with move in 12000 active sanctions against individuals and organizations. According to statistics from october 2022 in 2nd place. Is it wrong with several 1000 sanctions followed by syria and korea. That a russo stood with just over a 1000 followed by venezuela and me and ma with several hundreds. But sanctions have almost never achieved the desired political goals. One exception is south africa. West sanctions all believe to have helped with in the end to a pol, tied to 1994 functions. All by no means an effective thoughts. They usually affect the most vulnerable members of society and the incomes. The hottest. As shown by a study from the munich institute, the Economic Research it examined 67 countries effected by economic sanctions. It found that if the United Nations had imposed the sanctions, the countries g d p fell by an average of 2 percent pay. Yeah. Its only thank you asked that impose the sanctions unit. Naturally. It was one percent extrapolated over 10 years. This means a dropping per capita g d p of up to 25 percent in iran for example. Its the young on educated rural population who stuff with the most in poor countries, life expectancy. So by up to 1. 4 years during an average period of un sanctions, women are more effective then man. However, the cost of study mostly looked at smaller economies. The also say the results comp, necessarily predict what would happen to a big economy like russia. To make sanctions more targeted and effective, its important to thoroughly investigate who they will end up affecting most the minimum wage in europe varies by country. Germany funds and the u. K. Of some of the highest minimum wages in europe averaging around 12 euros power. But some countries in europe have a minimum wage below 5 year olds and others dont even have a minimum wage. In february this year, spain res, its a minimum wage by 8 percent. Then you minimum wage . Most the benefits i would cultural work as what count for around half of minimum wage earners. But there are questions about whether it will lead to job losses. In the longer term these 2 field work is a irritating citrus fruit pond patients. They get a 1080 years a month, which is now the minimum wage in spain, but their employer is having a hard time paying its its almost the know that we think the government should help us pay workers a decent wage without costs its going up too much, what are the nope at all useful. The important thing almost, well know mentally is probably the best of inflation has made fast lies and more expensive. Drought means water is in short supply and now work is wages have gone up, and farm is on benefiting from rising food. Prices of the body is starting. Sumption is going down across europe. Basically all sales of food and vegetables in germany has gone down by 15 percent. That makes things worse. Prices are the same, but consumption is down. Most of the middle schools will imperial got actually around the country. It produces an export spanish college. What does he also get the minimum wage . They used to get 800 years a month and now one just over a 1000. But despite the res, then on to happy. Yet im on the, im on. Its not enough. Apple and the high prices for groceries that to blame and decide what to do better off when prices were lola. Its the pulling consumer demand combined with higher costs of the company is a 160. 00 employees. 40 will set jobs seed bin demos, because we sell a lot less to the supermarket. In the same time, our costs are going out and we were forced to let some workers go. How about the u. G t union and madrid hadnt even heard about the layoffs, its hales, the minimum wage height as a major step forward. This, they act as a sign yalls a mess, and thats the ending for the past 6 years. Weve had a steady increase in the minimum wage. Its a way of distributing wealth and making a large number of workers in spain better off. Were talking about more than 2000000 work is hours, including 4 here road popular last the last the. Hes a Security Guard as a large chain of Department Stores and now ones 1009 to 2 years a month. But its not enough in a city like madrid. No, no, by them, but im out of, you know, no one can move on. That is, and i dont even have to worry about getting rent. I still live with my mother, but from many of my colleagues its bad and theyre struggling to pay their rent, which is high. They dont, theyre in a bad situation then its time then that would be later because im buy a new, not a lot of money that thatll get lettuce. It gets so sweet to ask you on. So instead of able to say, saw that renew statistics indicating that the minimum wage increase has resulted in more people losing their jobs. But unemployment remains high on the south. It may be Unemployment Rate in spain is not going down as steadily as it is in other european countries. It was by now it was picked up by says it will to pay us. So the jobs disappearing and some sectors. Spanish vomas, especially in southern spain, see a different problem. But if it is that product to so easy, it was right to raise the minimum wage in spain. But at the same time, the e u is importing fruits and vegetables from non annual countries like morocco. And as far as i know, farm workers there and it sometimes earned as little as 3 zeros a day. The process. So many spanish workers and minimum wage raise was solely needed. But many companies, especially in the farming industry and now struggling to pay the work is one possible consequence might be increased organization in stains, agricultural sector. The idea of Economic Growth is very much grounded in consumption for countries Gross Domestic Product to grow. It needs to produce and consume more. Now that is an idea that im growing. Number of climate activists and policy makers do not agree with. They say reducing Global Economic activity or the growth is the only way to save the planet. But critics say increasing Economic Growth ensures, oh, well being, you know, be a reporter, emily les, no way both sides of having more has given us a lot of comfort and a lot of choice. But with a pretty big price tag, like more Carbon Emissions, more resource depletion, more pollution, our addiction to making and consuming more stuff is exhausting the planet. Everyones talking about avoiding a climate catastrophe. But its switching to Renewable Energy and buying electric cars while keeping the status quote. Really going to help a growing number of people say no, they want us to fundamentally change the way we run our economies. And with that, our lives, some call it the growth for decades, countries have been judged by the growth of their g, d p. Thats Gross Domestic Product. To more goods and services produced. The higher the g, d p, the cooler the country to keep having to the be great accumulating you also need to keep having more material stuff extracting and going through the economy. This is not sustainable on, on ups, on it was, you know, a finite amount of resources. So this is where the idea of the growth comes in. The term, the growth is credited onto the gourds, an austrian french social philosopher, who in 1972 question whether it was a good idea to constantly make more stuff. Shortly after academics at the Massachusetts Institute of technology, publish a report called the limits of growth. This rigorous forecasts concluded that them less growth was curved, civilization would collapse like 2070 to suffice to say it didnt go down. Well, the academic journal nature even called it a width of doomsday. The growth talks starting to crop up again in the 2000 when state it began to show just how it reversed with lee. We were harming the planet. A recent paper in nature. Yes, the one who puts the gross back in the seventys suggested that it should be widely and thoroughly considered. And the term has now made its way into the most recent, i pcc report on how to stay below 1. 5 degrees celsius. Once the growth approach that has been widely considered is the coupling where you get to maintain Economic Growth while reducing Carbon Emissions. While i live in the u. K, its very proud of itself because it claims that its managed to successfully de compromise its economy while g d p. I mean its not doing well, but g d p is, is growing slowly while our mission is appeared to be going down. Surprisingly, especially countries with advanced economies have been able to do it. For example, by shifting towards Renewable Energy sources like denmark, which reduced its consumption based emissions by 35 percent between 22019. 00. Well growing the g d p per capita by 16 percent. Germany reduced its Carbon Emissions per capita by 24 percent in the same timeframe while growing 26 percent. And even the United States did the same. Which sounds great and definitely as a 1st step. But the problem is that the coupling is only concerned about c o 2. We live in many ecological crises, not just one is not just an issue of fossil fuel emissions. So here if we just say was about the colonization only. You were missing ecological. The great ation, biodiversity last, the u. K. Has some of the worst part of us here. Any country in the world, never mind the, he just doesnt solve that problem. What next . The problem is even those who support with the growth stands for thinks the word itself is problem. Attic, why dont like the term . The road . Is it . It has a negative feel to ethic. Shes thing is shrinking material, the material inputs into economic activity. The growth sound scary, like it wants people to return to the dark ages. But it actually just means scaling down the least sustainable industries, like mass produced meat and dairy, fast fashion, car and navigation manufacturing, or ensuring that the things we rely on refrigerators, phones, washing machines, have a longer shelf life repairing. Instead of replacing something the moment it stops working. So its not just about stopping growth, but about increasing growth and sectors that benefit society as a whole. Like creating green jobs, training workers, uninstalling, Renewable Energy, insulating buildings and regenerating eco systems, and investing and Public Transportation and services. But is that just Wishful Thinking . Might this new approach to growth actually make life worse for us . This is a crux of the growth debate. Would unravel the advances humans have made many facets of modern life, like living longer and lower rates of Child Mortality are associated with high g d, p. Among other factors. Economists that are in favor of the current system, say that more immediately the gross could mean widespread job loss, mortgage default and business closures. That it would force us all into a permanent recession per tailing, research and innovation. The thing is we need to develop green and more efficient technologies. The problem is that active di growth hasnt happened anywhere yet. Meaning that nobody knows whether that what happens, how do you address the creation of a world where rich countries dont . Thats actually slammed the doors by themselves and say, you know, were gonna, were going to diminish our growth of that. But you know, were not gonna let you catch up to us to where we are. And that is a challenge. And a lot of the solutions around that involved in a large scale redistribution of wealth resources between countries that, that might be possible in a perfect world. But in the real world, it is very politically challenging. One suggestion by the grocers is that on payable debts held by low and middle Income Countries should be cancelled so that they can focus their spending on public services. The idea is to even the Playing Field casings for the global south, our technology transfer. So, you know, to leapfrog dirty technologies to get the, the, you know, sort of latest generation or Renewable Technologies to close out countries for their energy needs, number to finance, Corporate Finance to make that possible and also to finance other poverty alleviation. And so for supporters say that through economic the growth, the needs of more people could actually be served. Still, we seem to perceive increasing g d p as a sign that were winning. That however you frame it, giving it up for the sake of our future on this plan, it sounds to most people like were ask