do you ever get the feeling that the world has been turned on its head, while one austrian architect in columbia has quite literally flipped his world upside down? because i look at is the new colombian tourist sensation. it's not only the house itself that defies gravity, but everything inside it as well. it is hope that initiatives like this one will help to boost tourism, which has suffered because of that pandemic. about are you coming up next on d, w, argentina, staves off of financial math. chelsea delaney explains on dw business in just a minute statements people and trucks injured when trying to flee the city center. more and more

refugees are being turned away. order families played on the tax in syria, to be honest with people fleeing, screened around $200.00 people around the world. more than 300000000 people are seeking yes. why? because no one should have to flee. make up your own mind. w. made for mines. ah, ah, you ask for prayer prepares to crack down on russia's economy as the biden ministration lays out options for sanctioning moscow if it attacks you praying

again, wall street considers the impact for global markets. also coming up argentina narrowly avoid another financial catastrophe. when us areas reaches the last minute debt restructuring deal with the international monetary fund and fridge, bakers are an uproar over back crisis. they see a supermarket chain is under cutting their ability to sell m chelsea delaney welcome to the show. the biden ministrations plans for sanctioning russia if it had been ukraine again, are taking shape us institutions would be prohibited from dealing with major russian banks and state companies. according to media reports, the biden administration is also considering banning trading in russia's government debt and blocking the export of key items like micro electronics. president biden has promised severe economic consequences for russia and president bomber putin personally, in the case of an invasion as well. busy now for more in this,

i'm joined now by our financial correspondent, jens quarter in new york. so yen were hearing reports from bloomberg that wall street banks have been briefed on these potential sanctions. what would it mean for wall street if the u. s. has come forward with these penalties itself is there is talk that we are talking here about the toughest, the sanctions against russia in a decade. and in general, disruptions in the global financial markets are never a really good news for wall street or us financial institutions. i mean, one big question is, will it be necessary to start those? some sections of wall street seems to be a bit hesitant of power. at least the whole a conflict has not really shown in the stock price, at least in the us market. that if you look at the ties between

a wall street russian bang, so russian companies, those types are not that great. so i'm not really certain, even if we see those sanctions, if that will be a big blow to a wall street and us financial institutions. we and this is not the 1st time if that the u. s. would have imposed sanctions on russia. there seems to be a mix history here of the effectiveness. if this does come to pass, what will the impacts be? will they be effective? well, i mean, there probably would be at least a short term impact. and then we would need to see how the russian institutions and government can actually adjuster to vote some sanction. but you've already hinted added a president barack obama, while joe biden was vice president in 2014 actually already started sanctions

against russia. not as deep as the sanctions we are talking about right now. but pretty similar sanctions and those did actually not do the trick. also if you look at to conflict. so the u. s. had for example, with north korea or iran also both sanction did not really quite work. so yeah, that is a beauty one of the pick, chris, since if it really what a change so much history gives us a lesson actually those sanctions have not really worked that greatly and coordinate in new york. thanks so much. no argentina has struck a deal to restructure $44500000000.00 and added over to the international monetary fund, the deal caps a week, a frantic negotiations ahead of a $700000000.00 payment due to the i m f. on friday. the countries president said the debt was quote, on payable and left the country without a present and future argentina's deal with the i. m f came just

hours before a huge that payment was due. people on the streets of when affairs had been demanding the government not pay as one a thank gala, he'd be my dad is an illegitimate and hateful scamp and become a pay it we're saying that old payments should be suspended about and that those billions would that payment be allocated to solving the country, structural problems, and whatnot. we're suffering from rise and poverty. anything less and doesn't a lesson rising poverty and surging prices? those are among argentina's current challenges last year, a log the highest on you inflation rate in the g 20 group of nations at 51 percent . that has coals its currency, the peso to week and significantly against the u. s. dollar, making it even harder to pay back its $40000000000.00 debt to the i m f. now the last minute agreement was welcome use announced by the argentine president himself

and he was both up would act. we will have access to new financing precisely because this agreement exists, this understanding, anticipate, and sustaining the economic recovery already initiated against it until the pates that there will be no lowering of real costs and that yes, langford, there will be investments in public works when a national government, the deal has been in the making for months earlier this week. the i m f expressed its concern we understand that the social and economic situation is challenging, which is why we are adopting a flexible and pragmatic approach. the timing of argentine as late as debt was couldn't be worse, but the country isn't alone. the i m f has warned that emerging and low income countries will face similar challenges making debt payments amid the coven 19 pandemic. so many governments how watching the events in argentina closely now

a convoy of canadian truckers have made the over 4000 kilometer journey from vancouver to the capital city auto at this week all to protest her with 19 rules. truckers are no longer exempted from vaccine requirements to cross between canada and the us for this convoy has had a big presence on canadian roads over the last week, truckers protesting new rules that they're calling a coven 19 vaccine mandate. until recently, unvaccinated truckers going between the us and canada had an exemption. they were not subject to a 2 week warranty, like other international travelers. but both canada and the u. s. closed that loophole in january both countries, band, unvaccinated drivers. that's left some truckers and their supporters. angry with

trucking is one of the leading occupations in canada, especially for men. the canadian trucking alliance estimates that only about 15 percent of truckers are unvaccinated. so not all truckers or ordinary canadians are giving the green light to these protests. it's ridiculous. well, we need to be vaccinated. you want to bring it back and forth over the borders. yeah, you want to job get vaccinated. 2 thirds of trade between canada and the u. s. happened via trucking, according to a trade group, the eastern border transport coalition, supporters of the protests say that limiting any of these drivers could mean food shortages, but government officials call that fear mongering. equally alarming is this for the promotion by some elected officials that there is a risk of food shortage trying to spread the fear and panic among canadians. the

canadian trucking alliance has come out against the convoy protests. adding that both the us and canada have implemented vaccine requirements for entry and at the industry must adapt and comply. police in ottawa say they are prepared for the arrival of between one and 2000 protesters on saturday. now brad is serious business in france, rising costs were said to fuel the french revolution. now bread is once again, causing an uproar. a supermarket chain has low and lower the price of their pick out to just $0.29 a gets our best seller in this bakery in northern paris. but at one euro 20, they now coast full times as much as look lex, super cheap french loaves. that has this baker, worried about the future slacken comes in. why?

yes, this is unfair competition. we can't compete with a price of $0.29. we already had to reduce our profit margin because of the rising flower prices. and we need to be able to pay our wages and production costs. since the start of the coven 19 pandemic, her turnover has slumped at times by up to 50 percent. but she says the crisis has also shown wides important. that local bakeries don't get crowded out by supermarkets, and that's the wrong lot in again, we local bakers don't only say bread. we are also a crucial part of parisian life. that became all the more obvious during the locked dance when our customers came to see us to have some human contact. your clerk denies. the chief prices are unfair competition. they say they've lowered their own profit margin to help destitute families. the company declined our request for an

interview. their policy is already pleasing some of their customers who treble just to this is really good news, especially for those that are struggling to make ends meet founder to give to his my beget. this is great. i can do all my shopping and one go through this economist says the company chose the right time for the price move. but for it to be a real success, one condition needs to be met. hello, is your scene of inflation has risen to 2.8 percent compared to 0.5 percent 2 years ago. and food prices have gone up by 30 percent, but the french are food lovers and will only buy the supermarkets. cheap begets if they're pleasing to their palate, to the whole. beckett the bakery luke lines have already made up their minds. and if it, this has been our bakery for years, and we keep coming here and said, you know, here we know where the products come from. supermarkets shouldn't be allowed to do

this. we should go protests against that. she prices, in any case, this baker will continue to try to convince her customers with the quality of forgets instead of that price. and before we go, u. s. president joe biden has visited the site of a bridge that collapsed earlier friday. likely no one was killed, but several people received minor injuries. when the 50 year old bridge near pittsburgh, pennsylvania went down. rescuers pulled people from a city bus that dropped into the 50 meter ravine. or, ironically, vine was in pittsburgh to promote his one trillion dollar infrastructure law. he pledged to fix all of the u. s. as aging bridges. and that's all for me and the team here in berlin. thanks for watching hulu. it shows that the issue is shaping the continents news africa

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