Even more dire as government assistance only gets through in drips and drabs. I want to get jones welcome to do business asia and we start with the latest escalations in the strait of hormuz where to oil tankers were attacked earlier today one of them allegedly hit by a torpedo the brant crude price has been volatile since the attack hitting over 62. 00 a barrel immediately often use of that attack emerged the strait of hormuz is one of the worlds most strategically important choke points along the coast of iran almost a 3rd of all Liquefied Natural Gas and almost 20 percent of Global Oil Production has to squeeze through here to escape the persian gulf and get out into the well its. Often more on the impact there on all markets so were joined by early bazza Financial Market correspondent in frankfurt only whats this latest incident mean for the oil market. I think its too early to tell what it means in the medium term
in the long term talk to an analyst and he says the Immediate Reaction and today was partly also a result of oil going down so so much in the past days and he says that if this continues of lets say theres an escalation if there should be Firm Evidence that iran was behind the attacks in the us should react perhaps militarily then it would escalate and that would send the oil price back up in late april it was much higher than today so theres still a lot of room for it to move but certainly its something that people are having their eyes on apart from the oil market in equities for Example Stocks or in safe havens like bonds or gold theres not movement away from equities into safe havens for example we just saw some very dramatic pictures that will be as you were talking about those all time because bunning if things were to escalate further where does this leave europes oil supply. Well europe would not be directly
affected at least not in the beginning because most of the all for europe comes from other places leading suppliers or russia norway cause us to nigeria but on a list say of course europe would be affected through price in the World Markets going up you cant contain Something Like this regionally price wise so that would make working consuming investing earning a lot more difficult for everyone concerned if this escalated into any best and from for thank you so much. China and malaysia have recently stopped the import of mostly western Plastic Waste but turkey is still keen on collecting its plastic is in high demand and the Role Material to make plastic that is crude oil is too expensive turkey doesnt collect its own plastic for recycling and thats why tons of waste are imported from other countries to be reduced. The province of. On the western edge of central anatolia
and it delivers landscape marred by wild garbage dumps because theres no effective sanitation a few 100 meters away is what some call europes largest Plastic Waste recycling plant it processes 10000 tons of Plastic Waste a month half of it comes from abroad mostly from germany the demand for plastic in turkey is great but not enough domestic Plastic Waste is being recycled. If we want to prevent imports we would have to separate our waste properly here in turkey the ministry in charge is currently working on that but in order to get enough garbage we need to import it. It would actually really be worthwhile collecting plastic in turkey a study by the Environmental Protection organization w w f states that most Plastic Waste in the mediterranean comes from Turkey Waste Separation here doesnt take
place in households but on the streets everywhere in the country there are plastic or paper waste collectors like serdar he spends about 12 hours a day in his rounds and earns up to 300. 00 euros a month. Young ensuring. We collect pet bottles sheet metal cardboard and nylon for recycling everything people using every day life. Said our benefits from his compatriots lack of environmental awareness only an estimated 40 to 50 percent of Turkish Garbage is separated the rest ends up in huge landfills near istanbul but with the piles of Plastic Waste continuing to grow the government is trying to get a grip on it since the beginning of the year consumers have to pay for plastic bags and supermarkets environmentalists complain that thats not enough. Its not just about recycling plastic its about limiting the production of plastic products. Restricting plastic Production Politicians around the world have been talking about it for years meanwhile the plant in the turkish province of afghan is running at full speed 7 days a week 24 hours a day. So even that plastic pollution is becoming an ever more pressing Global Environmental problem there arent any effective frustrations on plastic production well then 400000000. 00 tonnes of plastic are produced world wide every year over a 3rd of that is single use plastic Shopping BagsWater Bottles food containers just thrown away after one use the most disposable plastics are produced in asia especially in china but north africa the middle east and europe also a major produces africa accounts for only one percent of the proportion of Plastic Waste that is recycled to make new plastic is well very small germany produces 5200000. 00 tons of plastic p. A but only recycles 15 percent of that governments around the world are waking up to the problem though the u. S. And canada have partially banned micro plastic. In some Consumer Products and many countries in africa asia and europe have also banned or at least regulating plastic bags lets talk a little bit about some of those measures joining me in the studio now is Tamzin Walker from g. W. And vironment good to have you with us terms and let me just pick up on one measure the german Supermarket Chain aldi which has supermarkets all around the globe has just introduced a one send your roasts and charge on plastic bags or small ones where you put fruit and vegetables in does that make sense in my opinion it doesnt make sense taught me i think the best that you could hope for from Something Like that is that its a symbolic gesture but then the question would probably be what is that supposed to symbolize because these are supermarkets where almost every shelf is kept covered
in products wrapped in plastic and the German Government says that it is in fact talking with supermarkets about phasing out or convincing them to do away with these lightweight plastic bags for Fruit Vegetables all together but there seems to be no sign of an actual ban on the horizon and the same as we said goes for plastic carrier bags germany has introduced a levy but it hasnt and dont think its planning to and as a as long as theyre around i should think that people will use them now theres a recent study that says that 90 percent of all the plastic that we see in the oceans comes from 10 reverse 8 of which are from asia and 2 from africa does that mean that europe is off the hook or that would be nice with it no i mean thats that is a study that has been rolled out time and again but i think it paints a very incomplete picture because plastic pollution is a huge global issue and it has to be tackled from so many different angles but if
you want to talk about africa i mean thats a continent where there have been there has been quite a bit of Decisive Action specially when it comes to plastic bag bans rwanda was one of the 1st they introduced a ban over a decade ago and since. You know kenya was 2 years ago but since then another more than 20 countries are followed suit so theyre leading the way in asia they have been similar bans not so many of them but what were seeing in asia now is china last year which had been importing westen plastic trash for decades to recycle on its own turf suddenly turned around and said no we dont want to do that anymore then malaysia also the philippines which some of the countries that stepped in to fill that gap also now saying were actually going to start sending this back to the countries of origin so clearly we have to start in the western world we have to start dealing with our own plastic is the e. U. Doing enough or the e. U. Has this Single Use Plastics ban which is juice come into effect in 2021. 2
cotton buds and straw stores Balloon Holders would you believe i mean i think personally i dont think that that has any chance of solving the problem is just too big a problem for that. You know since the 1950 s. Humankind has managed to generate 9000000000 tonnes of plastic and all the predictions suggest that production is going to continue unabated for quite some time to come and also bearing in mind that only 9 percent of what weve produced thus far has ever been recycled and that. When i listen to you i get really depressed its not your fault those facts are not nice to listen to clearly we have to be doing have to do more about the times and where theyre from g. W. Environment thank you so much for your insights. Well this is also not exactly good news india is in the grip of a disastrous heatwave with temperatures hovering above 50 degrees celsius in some states and to make matters worse theres hardly been any rain this years monsoon
is not expected to reach Northern India until mid to june millions of people a languishing under severe drought. Has Got Journeyed to korea arrives with his Tanker Dozens of locals come to get water using whatever containers they have over the next 2 hours to create empties his 12000 liter tanker truck providing a lifeline to this Small Community has india reels from one of its worst droughts in years. We are working overtime i wake up at 3 in the morning and work until 6 37 oclock in the evening. Like half of indias population the families in this village survive on agriculture they grow rice and vegetables and they sell them at markets in nearby cities falling Groundwater Levels and poor Irrigation Techniques mean farmers are overly reliant on indias june to september monsoon. But when its dry like this theres no water for bathing for the animals
life stop over growing vegetables in. The Central Government scheme to ensure crops against unpredictable weather has been criticised for making me get payouts and only benefiting the Insurance Companies farmers can apply for compensation in case of crop failure but indias notorious bureaucracy makes the Application Process Difficult and time consuming many applications fail because farmers cant supply all the necessary documents this drives them to informal Money Lenders leading to worse financial trouble when harvests a bad. Business and she thinks the watching. Just sync. With the senses. Recognize and experience the inexpressible. The cultural magazine. Arts 21. W. Just so raring to me. Everyone who loves books has to go insane. W. Literature list a 100 plus street. Rock n roll. Mug. Sinful rhythms can you tell by the church. No evil feeling that you feel what you think. Some. Are stoppable. No one is more Popular Than Jesus up book religious morality preachers subversive. Masses with some Marketing Potential by placing a Warning Label on news. And religion. Wanted to. Copy. And rock n roll. 70. W