hi, i'm daniel winter and this is d w business. thanks for joining us. it's not just the russian military presence on the border that's troubling ukraine. it's a knock on effect. the ongoing tension is having on its economy too. many projects have been put on hold as investors withdraw funding the ongoing tension force, the ukrainian central bank to lower its growth for costs for this year and that was before the latest increase. they just stepped on the border. the conflict would impact lives and livelihoods alike. the country depends on exports from wheat to lithium. it's also one of the world's biggest exporters of i t services, all under pressure due to the potential of a new russian invasion. and talking to us now as alex and marcus, the chairman of the german ukrainian chamber of commerce, thank you very much for joining us. and 1st of all, what's the sentiment among your chambers, members, and partners in ukraine at this moment in time?

oh, very thing is given us, if you look at the moment, um, okay, all companies are preparing the risk management plans or making an update to that. but i hadn't heard of no business that actually stopped because even was a warning from the german embassy to for the germans to leave. we have to be aware that if you don't know some c o z to leave the country, that doesn't mean that the company stops working then so everything is okay. as interesting because you left the country after the warning was issued by the german foreign office and i imagine many other german business people and people for many other countries. i've also been forced to leave and you say that that is not disrupting things significantly. and that you believe it's just business as usual. you know, let go. actually the lessons learned. so been to me the course we are all know, we used how to do business from any point of the world without any problem because

we just switch on online and here we are. so i have daily contact with my was my stuff. i had to leave but, but this is just more formal cause of insurance reasons because there is no insurance coverage. if you do not falling, these are hard to say are these call all these other demand to leave the country? and so if that's a situation at the moment, what are the prospects going ahead if we do see things increasing intention? um, you, your members partners must be making contingency plans. i imagine. yes, that's what i said in the beginning. we are all doing our contingency and we are preparing for that. but in the end, i'm not a military expert, but my expectation is that what is happening today is the,

this is actually the go from the, the guys of the other side of the board in a crane. because you know, they want us to panic. they want us to switch on business to leave the country. but that does not happen. and then instead i work with companies place that said, they have more orders than ever before. so no one wants to panic, but what ukraine has accused russia of is carrying out cyber attacks. so doing more than just the, the military tension on, on the border as we've seen on what can you tell us about that? um that is something we we have already for 4 months and did not start low because they were trying to enter the different systems state systems and you know, the uh, cyber tech hold beecher, i'm at on or 2 years ago,

and this is permanently permanently going on nothing. okay. such, i've been com, but not about planning that the worst, i guess. oh, yes, let's actually the only thing we can do. all right. mm hm. that's. that's the only reason here you can do the mon, alexander marcus of the job, ukrainian shame of commer. thank you very much for taking the time to speak with us . thank you, brother, finance ministers and central bank governors. from the g. 20 countries are beginning their summit in bali, though many are joining in on line the head of the gathering. the indonesian hosts warned that the ukraine crisis was putting the global recovery at risk. a big problem is debt with many countries taking on new obligations to survive. the pandemic, the i, m f, and world bank a. sounding the alarm with global debt already totaling around $226.00 trillion dollars. the u. s. as calling on china in particular to do more to provide debt relief as inflation refreshes, make it even more difficult to serviced,

right. sharing apps like cuba ones touted as a way for ordinary drivers to an extra money on the site. but the app and many like it face widespread criticism for creating more competition for taxi drivers and not paying it's work as well. and brazil's largest city sao paolo drivers are launching a rival app. ride hailing fairs rolls around 60 percent last year in sao paolo. but app drivers didn't get to see much of those games trickle down alinda. daddy, goobers fair, not just ober, but all apps is really low. the fear is really low for drivers. and then you have the fuel on top who causal christ, the fuel, it's destroyed, everyone's business, give growth, benchmark owner, gasoline prices where up 50 percent last year, when brazil's inflation hit a 6 year high,

a 10 percent up drivers aren't burning enough to cover rising costs. and they say ride hailing firms like ober have been taking advantage of the countries high unemployment rate e, or you will put it in odessa to day drivers have no security, outdated wages, a very complicated working environment. and with all of this in mind, we felt obligated to create our own app to compete in the ride hailing market. in order to take better care of the driver's ha, but up all day, we don't believe. 150000 up drivers have teamed up to create an app called mid bosco portuguese for pick me up with it. they want to retain a bigger chunk of the fair estimate. say the ride hailing ups. keep anything from between 14 to 60 percent of the fair. the drivers hope nebraska will change that.

now to some other global business stories making news, google has announced plans to phase out a form of ad tracking on its android mobile operating system. similar to apple's track of blocking on i phones, google says the move will improve user privacy by removing unique identifiers that allow advertisers to follow users across apps and websites. the particular device. chinese officials have given audi the green light to build a new electric car factory. the german brand wants to produce 850000 cars per year in the north eastern process of g, lynn, the plant would be run jointly with a chinese partner. audi hopes to finish construction in 2024. after 2 years of losses linked the pandemic in its costly a 380 super jumbo european plain make an air bus has record of recorded record profits. in 2021. it earned $4200000000.00 euros extra strong odor book and cost

cutting measures expects to deliver more than $700.00 planes this year. and now i believe we can return to jakarta where gail matters is waiting for a scale. thank you very much for joining us. and it appears that the tension, as we mentioned earlier between russia and ukraine, is casting a long shadow over the g 20 meeting that's taking place there. what i can tell you here is that indeed are the crisis between a surrounding ukraine. at the moment a has been put on a really packed agenda here of to year 20 your finance ministers, and no one less than the president. a drug will be dodo himself. had a clear message here as the host of the g 20 a to both parties. when he said it is not the time to create a new tension that disrupts the world economic recovery. and he said a potential conflict in that region would be an added an unwelcome source of uncertainty. guild matters. speaking to us that from jakarta,

for many parts of the world, life is getting more expensive. the u. k and canada have both just announced their highest inflation figures for 3 decades. for the clash of research and demand and choked up supply is creating tough times for shoppers. almost everywhere. ah, for many shopping is a lot less fun. these days. prices across the boards are getting more and more expensive, and not just in germany. prices are going up in many countries. but why? that's a hot natalie from it's attuned us via. of course it has to do with the fact that we're coming out of a deep recession. the coven, 19 crisis, cost prices to fall. when people weren't driving cars, energy prices, in particular, went down. really very few planes were flying and now it's just the opposite. king tired fuck out. so there are rising energy prices, but also long lines of ships waiting to dock because ports can't unload fast enough

. the corona virus brought supply chains to a standstill, and now in germany, there are 11 percent fewer wholesale goods available than before. the pandemic cars, for example, are becoming more expensive and harder to find. you could wait up to a year for the model of your choice. electrical appliances are more expensive to the chip shortages to blame and the pandemic. many people need new laptops, tablets, and smartphones in order to work from home. so what's next? when does it that's uncertain, it'll depend very much on how the unions react, how the collective bargaining parties react. and if they say, we want to be compensated for the high inflation now by increasing wages sharply, then there's the danger that we'll run into a wage price spiral. protest be an island or high school, had

a lot. the prices continue to rise many every day items could soon feel more like luxuries. speaking of luxuries, gucci eve, saundra, rome, bottega veneta, that among the most sought off to luxury brands. and with the end of the pandemic, perhaps in sight, people have been looking to pamper themselves, bit with things like a gucci bag. the french company behind them as marked a huge leap in sales and profits helped along by some price rises last year occurring and almost 3400000000 euros. that's a good 70 percent more than in the previous year and 5 percent more than 2019 job to date with dw business. i'm daniel winter in berlin from me on the dw business team. thanks for watching i

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still ukraine. checking on the test from the front bass. this is where pre skia jenko and his family flat 8 years ago. a new home. now threatened side if possible, invasion of russian troops. but the jenko self standing strong and to refuse to be driven away, we can focus on europe even 90 minutes on d. w. a. listen carefully. don't know how those things you missed today. ah, feel the magic discover the world around you.

subscribe to d w documentary on youtube. are you ready to get a little more extreme? ah, these places in europe are smashing all the records. step into a bold adventure. just don't lose your grip. it's the treasure map for modern globetrotters, discover some of europe wykard, breaking sites on youtube and know also in book form. ah, what people have to say it matters to us. mm. mm. that's why we listen to their stories reporter every weekend on d w. ah

ah, this is the every news life from rural lead, dueling allegations, nato insist, russia is still building up its forces near ukraine. moscow says troops have begun to fall back with the prospect of a deepening crisis. tensions on the ground are rising. also coming up, mapping the future as france prepares to poor peacekeeping troops out of molly, regional and european leaders gather in brussels to consider the way ahead for security in this to help and bring on the bear.