how that affects her performance tonight she is, of course, the coven of favor for the events, doesn't cry and dw sports there. we bought it from bay. and that's it from me and the new steam fund for now, don't go away though. cnbc is up. next, he has all the business news for you. i got f as in berlin, thanks for watching. they've had no peace for for decades. people of iraq countries devastated. and there's no end to the plan. how did it come to this group? this is revealed and unprecedented story. we. he

behaved exactly like september and the poison spread. bear with me 3 new life. the great documentary series, iraq destruction of the nation starts march 4th on d, w. ah, western economy said they're united on sanctions. should russia invade ukraine? penalties against banks and businesses could hit normal russians hard as well as europeans will look at what's on the table and what the ripple effects might be. also on the show berlin's annual loved letter to film the berlin ali is underway. german cinemas themselves are meanwhile struggling to fill seats. and it's a ship of superlatives that needs a new buyer. the massive global dream fits unfinished on germany's baltic coast.

the latest sign of the crews, industries struggles to stay afloat alone. welcome to the show. i'm seen beardsley in berlin, banks, businesses and investors are keeping a close eye on the russian troop build up on ukraine's borders. a sanctions are a special fear, finance ministers from the g 7 group of industrialized nations saying monday that they were ready to impose massive economic sanctions against russia. in the event of an invasion, targeting banks and individuals on the u. s. is also said, it could put an end to the north stream to pipeline. that's intended to be an important new supply route between germany and russia for gas. and that is supposed to be an important income stream for russia. the u. s. is also considering put a putting russia on its export control as if it did it, it would join cuba, iran, north korea and syria and washington could block russia's access to the dollar by barring u. s. financial firms from converting payments into the currency. countries have

even discuss excluding russia from the international payment system. swift and that would be an unprecedented step. and it would stop transactions originating inside russia with outside individuals or banks. or i clemens 1st as president of the ego institute munich. he joins me for more on this claim is good to see you. russia is no stranger to economic sanctions. help us understand how serious are these proposed sanctions in comparison to what we've seen already. i think they are very serious. they are very far reaching. what we've seen up to now is mostly the sanctions after the ukraine crisis in 2014, when the russia invaded the crimean and the that are estimates of the costs of these sanctions, for instance, for the german economy. these costs are approximately $5000000000.00 per year. that's a lot of money, but it's 0.16 percent of german

d d p. so that is not very much for the u as a whole. it's something like 20000000000 again, a lot of money, but i'm not very much. now these new sanctions basically cutting off russia from the international payment system are certainly more significant. though we should take into account though that russia has begun to build up a tentative payment systems also in cooperation with china and they are in use currently. nevertheless, these, the sanctions would be a significant blow to the russian economy. they would also be a blow to many of the, as it were, oligarchs are inferential families, entrepreneurs in russia. so, so this is a significant threat. it's been said that exclusion from the swift transaction system would be the nuclear option. and so many outside observers say, why would that be so drastic for russia potentially?

well, if it really works, it would prevent irrational companies and banks from making payments across borders. as i just mentioned, russia is aware of this, and that's why russia had started building up our tentative payment system. so what would probably happen is that a lot of payments would be re routed to these. and through these new payment systems may be partly also through china, about other countries are also involved that would be significant fractions, but it's not like a rush, i would be cut off entirely. nevertheless, russia depends on income from gas and oil exports. and that would be a blow at the same time we shouldn't forget, russia has accumulated foreign reserves. so the country could deal with this for a certain time. you mentioned the gas and oil reserves. those commodities being both very important to the russian economy. there hasn't been any suggestion from

what i've heard of direct targeting of those exports. why is that? could that be something that comes into play or is that too dangerous for other economies? there is the issue of strong dependency over europe and in particular, germany from russian gas exports. nevertheless, these are sanctions that are on the table. one question, certainly, why is there no commitment in particular the job and government to and the not the dream to project in case, or even all gas purchases from russia in case roughly invades ukraine. that would be maximum deterrence at the same time. but the question is, how credible that kind of threat would be, but it's pretty clear that far, you know, rush, i have a strong interest in selling its gas in the future. and that's in a way it's weak point. would that also be maximum pain for the, even for germany?

yes, it would. because that is so for this threat to be credible, that would have to be a public commitment. the fact that we, there is no public commitment to using this makes these threats less credible. so pooty knows if he invades ukraine. once that is done and cannot be reversed. there are unfortunately strong incentives for europe to say, okay, we are going to continue with non stream yards. it's all very bad. but we do use other sanctions, but not this sanction, which would be very costly for europe and in particular for germany. therefore, a current statement today, the term public commitment would be the stronger determined, the 1st president of the eco institute of munich. thank you, is always thank you. a never ending pandemic, an industry on the brink, a fight to death with

a brash challenger cinema chains themselves. have been the protagonist of their own drama for the past 2 years. falling revenues and fears, competition from streaming services, or posing nothing less than an existential challenge. can the big screen find its own happy ending? take a look. ah, rolling out the red carpet for the stars of the silver screen as audiences begin to flock back to cinemas. and it's not just here at the berlin international film festival known as the berlin ana. netflix as of netflix is something more for a home that you do in the site and cinema is more of a social event. so it's out if event such as if a minute i missed a lot and i'm glad i can go to the cinema again. now gotten the revenue from movie tickets. plummeted in the past couple of years now, long awaited blockbusters are returning to the big screen. and large cinema chains are particularly pleased. but art how cinemas such as berlin's delphi locks are

having a hard time. they're trying to keep customers and find new ones with cheap subscriptions, and by spreading the word on line, despite government support, pandemic restrictions hit the industry hard then monday. so if you known to preserve the independent film industry, which you need for cultural diversity that we need follow up, support our coaches. and that's why we need a recovery fund for diversity in cinema program. so comfy fight. the distributor majestic is also struggling, but struck gold with a film about a robot lover. hello, emma. you can tell the film was short listed for an oscar, and was also shown on t v. relying on cinema revenues alone isn't viable any more. vanished far off mountain that if i'm allowed to open a sin a lot, but i can't run it in a commercially viable way. it's more or less a de facto closure,

that worries colleagues a lot and rightly so, it also leads to distributors like us not releasing films to cinemas. because if we say that the potential is only half of what it normally would be, then it's not worth launching the film. so it's a downward spiral that we're experiencing now in. it's a different story when it comes to production, which hit record number 6000 shooting days in the german capital alone, 300 more than before. the pandemic, the berlin ala is not just a chance to exhibit films. but as we're production partners come together and germany is a sought after partner in part due to state funding $1400.00 film production meetings a set up here at the festival. they're only on line like last year, but they make a difference. run various kinds of us were really surprised. it worked out great. and we also had a lot of meetings there. you worked so well that people have now already gone into production with their projects from last year. even though they only met on lion now was additional alignment. huffman had some co productions even make it into the

berlin, under competition. and many filmmakers hope into the cinema's and out of some of the other global business stories making headlines. the japanese economy has grown for the 1st time in 2 years. countries g, d, p rising, 1.7 percent in 2021. that's according to the latest figures. it could get even better this year. as a pandemic recovery hit stride. the world bank predicting nearly 3 percent growth. a new report spells out the degree to which major european banks are funding projects to expand oil and gas production. despite a commitment to shifts, renewables $25.00 of the regions biggest lenders provided $55000000000.00 to energy companies last year. that's more than double. the figure from 2018 supply shortages are weighing on german automakers, new figures showing employment in the industry down more than 2 percent on the year before. that's according to germany's federal statistical office. shortages of

computer chips in particular have slowed production lines and recent months. meanwhile, the world trade organization says global trade bottlenecks should ease in the coming months with the most pressure coming from demand spikes rather than supply chain snacks. it's chief economist as supply disruption will most affect the auto sector and industry shifting to new manufacturing hops. $1500000000.00, that's the price tag of a crew ship. now sitting unfinished on germany's baltic coast, it's original buyer crews, operator, and hong kong pulled out after facing financial problems, putting work to a halt. now, the shipyard is sitting tight while looking for new buyer. the global dream is a ship superlatives, and with a price tag to match some 1500000000 euros. it's like a city on the seas with room for nearly $10000.00 passengers. or at least it will be when it's complete work on the almost 350 meter long behemoth stopped when it

was 3 quarters done. that's because there is one fatal flaw that's currently no demand for such a massive cruise ship. germany's economy minister robot high back says it's not just the ship that's in peril, but in entire tradition, the shipyard in the northeastern city of fisma has kept up with the times by building things like offshore wind platforms. but the pandemic hit the crews industry hard, and the market for ships dried up the script impressive. and it says there's an increase in the shade after, as well as for the shipyards to me before you go home. all i can express is the cautious hope that this will not be the end of the ship building here in his mom or the regional director for just another transitional phase. invite you back on the the solvency administrator has the se, now he's tried to repeat that message to reassure they nearly 2000 employees. i think there's a strong interest in the global dream on. there are still companies who believe in

the future of the cruise industry, and we have to talk to them now. for all the apparent interest though, finding a buyer for the global dream has become a nightmare. one that could see its maker cruising into bankruptcy. and that's it for me, and the dw business team find out more line he w dot com slash business is watching collecting garbage in space. the scrap saw pine around here as well, and receipt of dangerous style top. so working on new ideas for waste disposal and thinking ambitiously about sustainable waste management in orbit to morrow to day. next on the wi fi

w's crime fighters are back with africa. most successful radio drama series continues bring up all episodes are available online. and of course you can share and discuss on d, w, africa's facebook page, and other social media platforms, crime fighters, tune in now, d. o in 2021. nonsense. persevering rather collected samples of motion, soil, and rocks to be studied back on, and also to touch down on the red planet. china to wrong rover miles is currently among the most popular space destinations, the l. a. mo, missions mark the united arab emirates 1st ever mars probe to be launched into space. on today's episode, we take a closer look a space exploration. welcome to to more.