the us promises more major sanctions on russia. we'll look at what this could mean for the economy. and how climate change is hitting the panama canal, this exacerbating the supply chain crisis. welcome to asia business report. lets begin in the us where presidentjoe biden hasjust presidentjoe biden has just announced presidentjoe biden hasjust announced plans to impose major sanctions on russia. officials say the measures will target a range of items, including sources of revenue for the economy. the move follows the death of prominent russian opposition leader alexei navalny,

and comes as the war in ukraine rages on. more from new york. when news broke on friday that alexei navalny, the foremost critic of russian president putin, had died in an arctic prison, questions arose of how the us would respond. now we have one answer. the us is expected to announce further sanctions against russia. this comes as washington struggles to agree on funding to assist ukrainian armed forces. this week marks the two—year anniversary of russia's full—scale invasion of ukraine. at the start of that conflict, the us enacted a slew of economic sanctions against russia. those included freezing russian banks and businesses out of western financial markets, and along with europe, canada and japan, freezing some $300 billion of russian central bank assets. the us also enforced economic restrictions on russia's oligarchs and banned russian energy imports. all this was intended to dampen the country's economic and military power and ultimately stem its might in the war.

but russia's economy has weathered the effects of these and is growing at a better pace than expected. the imf predicted last month that russia's gross domestic product would grow by 2.6% this year. we don't know yet what will be included in the sanctions but national security council spokesmanjohn kirby said, it will be "to hold russia accountable for what happened "to mr navalny, and, "quite frankly, for all of its actions "over the course of this and brutal war that has now "raged on for two years". major hong kong—based lender hsbc is due to report its latest results. there are question marks over its operations in asia, particularly when china's economy has been slowing with the government rolling out measures designed to get consumers spending. earlier this week, the chinese central bank cut its lending

rate used to price mortgages and lowered the cash banks need to keep in reserve last month. harry from moody's analytics. china has had a very lacklustre start to 2024, building on that poor �*23. so investors have been calling out for more support. and i think this cut yesterday goes someway in appeasing that. ultimately, though, cutting interest rates is not enough to shift the dial in china's economy. moreso, it's more of a stop—gap until we get to the two sessions next month, where we will see a broader stimulus program rolled out, in terms of monetary policy, but also on the fiscal side. other stories. amazon founderjeff bezos has finished plans which he disclosed earlier this month to sell around 50 million shares in the e—commerce company. the latest sale of 1a million shares disclosed in regulatory filing means he has cashed out $8.5 billion in recent weeks. mr bezos has not spoken about his plans for the money

and he also owns space exploration company, blue 0rigin. protesting indian farmers say they will resume a march to the capital of new delhi. this comes after negotiations with the government fell through. the government proposed buying pulses, maize and cotton at guaranteed prices on a five—year contract. farmers insist it be extended to 20 more crops. the farmers started to make their way to the ndian capital last week. the farmers were around 200km away from the capital when they were stopped by security. singapore airshow, chinese manufacturer comac has secured the events first aircraft orders. there is also good news elsewhere in asia with the philippines seeing travel return to pre—pandemic levels. the country is expanding its airports to meet increased demand. bbc�*s monica miller spoke to philippines transport secretary about the impact of the $3 billion reconstruction amidst international

airport in manila. this in manila will increase capacity of the airport from 35 million passengers per annum to 60 million within the next six years. right now, we are already handling almost 15 million passengers per annum. we operate around 130,000 to 240,000 passengers every day. well that have an impact delayed flights to the region? what we plan to do is expand some of the terminals and maybe pick some of the existing terminals, but that would not result in major disruptions. used to run philippine airlines can be where the president of it, i'm wondering what your thoughts are right now on boeing 37 max. —— boeing 737 max. boeing 37 max. -- boeing 737

max. , , ., , , max. philippine airlines used to run them _ max. philippine airlines used to run them but _ max. philippine airlines used to run them but during - max. philippine airlines used to run them but during my i max. philippine airlines used i to run them but during my time with replace these with airbus 3205 with replace these with airbus 320s and we have not ordered the 737 max. 320s and we have not ordered the 737 max— the 737 max. why did you do that? we — the 737 max. why did you do that? we had _ the 737 max. why did you do that? we had a _ the 737 max. why did you do that? we had a full- the 737 max. why did you do | that? we had a full evaluation ofthe that? we had a full evaluation of the fleet — that? we had a full evaluation of the fleet organisation - that? we had a full evaluation of the fleet organisation of. of the fleet organisation of the airline. we look at all the advantages and disadvantages of operating both aeroplanes, and our studies show we will be more successful if we operate the airbus 320. safety is always paramount in terms of making decisions, but during the time we selected airbus 320, we think the other aeroplanes are also safe. is aeroplanes are also safe. is ou've aeroplanes are also safe. is you've been reporting in recent months, globalshipping

you've been reporting in recent months, global shipping has been severely disrupted by the attacks heading to the suez canal. across the atlantic the other canal vital to international trade, the panama canal, is also suffering from major disruption. the panama canal is the essential shipping route between the pacific and atlantic oceans. without it, ships must sail around south america and fewer ships are now getting through the canal. and the corporate climate change. michelle fleury explains. —— the culprit. is this the wilds most expensive trafficjam? most expensive traffic jam? ships line—up today is outside the panama canal last august. roughly $270 billion worth of cargo flows through here each year but this vital link between two oceans is running out of water. which is a huge problem for shipping companies and could spell companies for global trade. the number of vessels that can pass through here each day has been slashed from 36 to 24. jose cervantes

from 36 to 24. jose cervantes from this shipping company told me this short cut between pacific and atlantic oceans is the natural route, warning if it is blocked, alternatives are needed, meaning more time and extra costs. unlike the suez canal, the panama canal works by lifting bates up a series of locks into an artificial lake 85 feet above sea level, but it means the canal here is reliant on rainwater, which is in short supply. on rainwater, which is in short su -l . i: g; on rainwater, which is in short su.l _ ii ,': on rainwater, which is in short su--l. :: g; , supply. 2023 has been the second driest _ supply. 2023 has been the second driest year - supply. 2023 has been the second driest year history | supply. 2023 has been the i second driest year history of the panama canal.— second driest year history of the panama canal. they can help 's chief sustainability _ �*s chief sustainability operator says the drought made worse by the el nino weather phenomenon is expected to last until may. phenomenon is expected to last until ma . , , until may. the big problem we're having _ until may. the big problem we're having is _ until may. the big problem we're having is lack- until may. the big problem we're having is lack of - until may. the big problem| we're having is lack of rain. in the rainy season, from may to december, we are supposed to get tonnes of rain and fill the lakes. this year there was very little rain. we had an el nino year, now we are in summer, the lake started the summer with a

very low level, so we had to cut down on a number of ships being able to transit the canal to maintain the lake level through the summer. fin to maintain the lake level through the summer. on the freshwater _ through the summer. on the freshwater reservoir - through the summer. on the freshwater reservoir that - through the summer. on the| freshwater reservoir that fills the locks, the canal�*s hydrologist showed us first hand the scale of the problem. t—level is as you see on the rule, 81.20 feet. the level should be five feet more than now. ., u, , should be five feet more than now. ., . ., , ., now. to conserve water, fewer boats are — now. to conserve water, fewer boats are allowed _ now. to conserve water, fewer boats are allowed to _ now. to conserve water, fewer boats are allowed to pass - boats are allowed to pass through the panama canal each day. this is one of the lucky ones, but a change in climate has put billions of dollars of trade at risk and raises difficult questions about the future of this engineering marvel. the canal authority is trying to reuse as much water as possible. it is considering building more reservoirs to store water and is even exploring cloud seeding to make

it rain more. we exploring cloud seeding to make it rain more-— it rain more. we believe it is climate change. _ it rain more. we believe it is climate change. if _ it rain more. we believe it is climate change. if you - it rain more. we believe it is climate change. if you look i it rain more. we believe it is| climate change. if you look at the world in 2023, the amazon river, very low, mississippi river, very low, mississippi river had to stop transits, very low level, so it is not only panama, it's the world that has seen a lot of different climate situations since 2023.— different climate situations since 2023. ~ ., ., , since 2023. while other routes suffer distraction _ since 2023. while other routes suffer distraction from - suffer distraction from disruption from politics and piracy, the problems of the panama canal are piracy, the problems of the panama canalare a piracy, the problems of the panama canal are a reminder that climate change may yet be the biggest crisis for global trade. michelle fleury, bbc news, panama canal. imagine being able to control a computer mouse with just your thoughts. that is what the first human patient of brain chip start newer lincoln do, according to its founder elon musk. mr musk says the patient also seems to have made a full recovery with no ill effects we are aware of. newer link planted a chip in a human for the first timejust last planted a chip in a human for the first time just last month. that is it for this edition of

asia business report. back with more tomorrow. bbc news, bringing you different stories from across the uk. jack and his fiancee beth are engaged and plan to tie the knot in 2026 gam is to bat top of the wedding list is in finding a new venue or the right suit, it's getting a new voice. y ,., right suit, it's getting a new voice. g , voice. my newborn computer voice. my newborn computer voice is robot _ voice. my newborn computer voice is robot voice - voice. my newborn computer voice is robot voice soundingj voice is robot voice sounding like out of dr who.— voice is robot voice sounding like out of dr who. jack, who has cerebral _ like out of dr who. jack, who has cerebral palsy, _ like out of dr who. jack, who has cerebral palsy, once - like out of dr who. jack, who has cerebral palsy, once an l has cerebral palsy, once an authentically brummie boys to reflect his heritage and is inviting people to volunteer bears. the 21—year—old has been using his current communication aid, which he controls with his eyes, since he was six years old, but the technology has come a long way since then. he wants to be _ come a long way since then. he: wants to be able to say i do, and to say all his bowels as a

human at his wedding, instead of as a robot. it human at his wedding, instead of as a robot.— of as a robot. it is not a small commitment. - of as a robot. it is not a| small commitment. the of as a robot. it is not a - small commitment. the chosen volunteer will need to spend six to eight hours recording around 1600 phrases. so far, they've had half a dozen responses. but he need look no further. i think i've got a solution. all right, babb. i'm off up the road to get a cop. are a bit. off up the road to get a cop. are a bit-— are a bit. david, that was rubbish- _ are a bit. david, that was rubbish. get _ are a bit. david, that was rubbish. get out - are a bit. david, that was rubbish. get out of- are a bit. david, that was rubbish. get out of my i are a bit. david, that was - rubbish. get out of my house. for more stories from across the uk, head to the bbc news website. hey, i'm rachel with the catch up. pressure on israel. tom lockyer speaks out. fashion week wraps. in the middle east, pressure is building on israel to pause its war in gaza. the us, one of israel's biggest supporters, wants the un to vote for a temporary ceasefire, that's when both sides stop fighting for a bit.

it warned israel against invading rafah, an overcrowded city in the south where more than one million palestinians have been forced to shelter. here, the labour party has gone further and called for an immediate humanitarian ceasefire for the first time. keir starmer already called for the fighting to stop but avoided using that specific phrase until now. prince william has also spoken out. he says he wants to see an end to the fighting as soon as possible. next, it's not often we hear a footballer talk openly about the lowest point in their career. luton's captain tom lockyer has spoke to the bbc about how his heart literally stopped when he collapsed in a match before christmas. he says he's not given up on playing again. it will depend what doctors tell him. he says he is living a normal life and talking about it helps.

time now for ten seconds of glamour at london fashion week. everyone from skepta to anna wintour is in town to rate 40 years, including naomi campbell who wrapped to celebrate 40 years, including naomi campbell who wrapped things up walking at burberry�*s closing show. you're all caught up. see ya.

hello and welcome to sportsday with me, marc edwards. here is what we have got coming up on the show. haaland the hero, as manchester city bank their game in hand with a win over brentford. the real deal. mbappe on the move to madrid, as the la liga giants get the world's most wanted man. the yorkshire chairman, colin graves, explains why he has never personally apologised to azeem rafiq for the abuse he suffered at the club.

hello and thanks for joining us on sportsday.