World or is becoming a scarce commodity. Hes just getting dryer and dryer and we need more and more water earth dying of thirst. Theres no water in the home. Then its like be a pod with global struggle for water and nothing can be done. Thirst starts on august 10th on d, w. A y ah. Tensions rise as pelosi touches down the u. S. How speak is arrival in taiwan. Has investors worried about what will happen next . Is china begins and military exercises off the island. B, p is the latest oil major to post a massive jump in profit, spoke governments act with their citizens, suffering soaring energy bills and ukrainian capital. Kia was a, in the midst of a property boom when russia invaded political wants become of its war, struck housing market. The city to be business on robots in berlin. Welcome to the program. Tension arising between the 2 biggest economies. China had warned the u. S. Against house of representatives speak, and nancy pelosi is trip to tie one. But on tuesday, thats precisely where she landed. Us markets began the day lower on anticipation of the trip, which b jing had promised to match with a show of military force. If you tie one as a breakaway chinese province and opposes International Recognition of the government there speak, pelosi says her visit shows americas unwavering commitment to supporting tyrants, vibrant democracy. Lets get more in this from our correspondent at for new york stock exchange, james sweeney. James, excited worried a u. S. Businesses about this rise intentions between china and the United States. There is indeed some concern from us businesses about these escalating tensions between the u. S. And trailer, mostly from us businesses that obviously are doing business with china because they quite frankly, dont want to bite the hand that feeds them. But to quickly put your note to quickly answer this, put yourself in the shoes of the u. S. Business owner, youre doing business with china and the leader of your government for the 1st time at 25 years, enters taiwan. And china has already said that it of this visit being extremely dangerous. You might be playing with fire. And if youre a company doing business with china here in the us, thats something that cannot be looking too good in your near term forecast. Especially with policies saying that this trip is to this trip, the taiwan is to promote america. Solidarity with taiwan while also carrying while also needing to express the concerns of chinas communist party. Remember, china is it sees taiwan as a break away province and had hopes that when they were unite with it, and even with the white house, oh billy, opposing any such trip. And President Joe Biden saying that the military assess of this trip is not a good idea. The trip has happened. So on paper, this is an interesting and a bit of a hostile situation. And so the u. S. Businesses are definitely keeping an eye on. And the reason behind this visit is that you just pour forth our is kind of vague, isnt it . Has the United States got somewhere in the back of his mind when it makes a gesture like this towards china to towards tie one at the showing of his own supply chains in the region . Well, if youre asking you for the you should be keeping an eye on those supply chains. Common, same common sense would dictate that they should. Now its unknown of the u. S. Is definitely doing it kind of broad, but you have to think that theyd at least have to be thinking about abuse. China is the topics quarter in the world, and the u. S. May have shipped a ton of soybean something. 14000000000 dollars last year, with chinas exports to the United States. 76000000000. 00 in cell phones. 59000000000. 00 in computers. Its a bit of a big difference there. China exports important in the u. S. A new york forest. Thank you very much. I rocketing Energy Prices are causing misery, thousands across europe and beyond. But for oil companies, its a different story. The soaring cost of a barrel of crude means that posting enormous quarterly profits b p is actually the latest. And its just that that is q 2, profits are over 3 times what they were a year reco shell recently face to the 2nd 5 fold increase in profits. Meanwhile, frances, total Energy Source profits more than double american majors. Exxon mobil and chef from both almost quadruple back to, to profit. So these gains came with an oil, averaged price per bow of a 114. 00. So i discuss this a bit further. Ive been speaking to terry bloss, whos an ex, expert in energy at the Art Institute of political studies. I asked him if struggling bill payers had a right to be irritated by such big profits for oil facts. They can be repeated for 2 reasons and not on the, on the coffee extremely high. But i think you have to remember that this is a rent seeking industry, so they are making a profit, but youre doing company, they were making those profit. I think what makes people even more unhappy is the fact that youre 14 is going to increase massively. So this is the problem. This is a huge difference between those huge a profit on one side and the fewer property that is going to increase might be unfortunately in europe because of extreme high gas electricity prices. And sort of popular this content like that isnt good news for government. So are they going to fail a needs to act on these profits and then the sheer scale of them . Yes, i mean every government is willing to be reelected. So if you have to be unhappy, that type of thing solution. But again, i think we have to be smart in front of those questions here. I mean, the smart answer is what people are right. Doing right now, i mean, what governments are doing right now. I to tax a profit in each member aid, or even in one of the tasks turnover. I think what we are seeing is we could look at the, in a road passing and environmentally friendly way. And interesting enough to, to look at the refining effects that youre getting free refining to get 80 percent of that permit of your 2 emission for free and happy time right now today we do huge profit to see whos a company where nowadays you dont have to you dont go just to give you a good number of what a trick the amount of those companies do get you to that level is Something Like a 1000000 of free allowances to produce to emission. And this is equivalent to Something Like 6500000000. 00 euro, but yeah, so again, it could be done you level, which i think will be much smaller and much more efficient because at the end of the, the pro been in a process where we are station that in line with our private target. So thats a Long Term Mission for government to sort of take control of is through environmental. So if you, you think thats a better idea than, for example, a windfall tax that could have an impact right now. And the people would see immediate well, i mean what im saying, i mean, clue back the free allowances overnight that possible. I mean, it just one bit of creation. And i think thats much smarter than when we talk. Because remember, when you think what the thing is, the tree which is producing a life. And then in this it shouldnt be done in germany. One problem because we do not produce on it yet, but it should be done in producing countries. Saudi arabia, the us, are russia, and so that doesnt have much, i mean give the green light for those countries to increase the fact that i think we should at your level, what is not green and therefore look at the mission we have and yet trading system we just need to close up or re analysis for the company. Ok, tell your boss from the sounds po in paris. Thank you very much for joining us on date of the business or ukraine capital t. Youve experienced a real estate boom in the years before russias full scale invasion. That was high demand for new apartments and prices surged. But now the sector is practically frozen. Keith skyline is full of new high rise building a response to high demand. As more and more people moved here, over the past decade, theyre simply warranty enough apartments. And the mentality in ukraine is by dont trent. But its mainly the middle class that can afford to buy real estate prices in keith searched in recent years. But with the war can destruction and indiscriminate shelling. This building here was hit a few weeks ago. These brand New Buildings are now only worth about half of their pre war value. They are located in hostile, which used to be a growing neighbourhood in the outskirts of keith. But its been heavily shelled. Most people have left for the pollutants on the rancor. Everything is brand new here almost wide. A bit of work was done. I finished right before the war engine team or luke gulf put his 2 bedroom apartment in house, jamal, for 120000 euros last year with Financial Support from his mother and relatives. Due to the war timor lost his job. As a sales manager, he needs money, but his apartment is not only worth about 70000 euros. On my whole toilet long people are only ready to buy an apartment. If the price is, for example, 40 percent lore compared to pre or prices mine, sure, its in lived orvin for the yes. As you have to sell your home to solve all your other problems. But you dont want to do it because the price is incredibly low. And on the sco millions face this dilemma, the longer team or weights, the more to price will likely drop through that. He says the war shattered many dreams, some ukrainians invested in Construction Projects that unknown hold. Its unclear when or if they will be finished. Since may, it is possible to buy real estate again and to make a real bargain, but people have mixed feelings about the market. Yet, i think that it is not a good idea to buy an apartment because the situation is unstable in ukraine. If you have savings, i would buy an apartment because soon we will win and the prices will go up. I dont have a volume e as in elizabeth, buying, also phil to risky. As is unclear, if the apartment will be still intact once the war is over. Irina roman ankle is in the real estate sector. Her advised owners, rabbi chic. I think you need to wait and wait until there is victory because prices will go up again. If youre not forced by circumstances to sell for 50 percent less than what its worth, you know, you should better way to know a lot of that. But nobody knows when the war will end for people act you more, its becoming increasingly difficult to hold on to his old life, his old assets, if he wants to survive. Normally the top business story with falling for you, this our pensions arising between the 2 biggest economies. China had warned the u. S. Against house of representatives speak with nancy for lacys trip to taiwan. But on tuesday, as precisely where she landed us markets began the day lower on anticipation of the trip, which beijing had promised to match the show of military force myself. Um and the Business Team here in berlin, from ody, head over to our website theda we dot com slash business on the data. We use Youtube Channel till next time to get back to ukraine. Gere cozen has no idea what is waiting for him in urban but the photographer has made up his mind. She 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. Next on d, w, the 77 percent governments should realize that we tally. He never sold to me because guardian rob, michaela is agrees with me. Yeah, we only demanding for yeah. Yeah. Let me in please what were saying. Stop it. They said no need it because we only demanding yall to help us out. Im calling the north africa, right . To put a sample to 77 percent. We can no longer with b, w number. Oh, devastating. Or we can, we must course carry life money, effects of climate change. I mean, felt worldwide before a station in the rain forest continued carbon dioxide. I, Brittany Young people all over the world are committed to climate protection. What impact will because change doesnt happen on its own make up your own mind. D. W. Need for mines. Ah oh, a
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