welcome to the program. russia is facing an economic backlash over the crisis in ukraine. western allies have been imposing sanctions after president putin ordered troops into the countries east. u. s. president joe biden unveiled sanctions targeting russia's sovereign debt, aimed at cutting moscow off from western financing. the u. s. is also sanctioning 3 members of president putin's in a circle and their family members. and it's frozen the assets of 2 influential banks, including russia's military bank, but the white house, as it has toughest sanctions in store, if needed me well, let's look at the e u, which has agreed to black list banks in vote with the financing of separatist activities in east, in ukraine, and i also specific measures against the 351 russian law makers who voted in favor of recognizing to break away regions of east in ukraine as independent does the you is banning trade with those regions. finally,

germany has halted certification of the multi 1000000000 euro north stream to gas pipeline. this is a significant move for the german government, which has resisted pulling the plug on the project despite pressure from its allies . where now we can speak a little bit further about this. we can speak to michel critique in his co founder and leading analyst at rus, energy. moscow, thank you very much for joining us on the to be business. these measures that have just been announced by the u. s. and europe only going to have any effect. well, i believe that a very important part of possible sanctions is still missing. and i mean the energy industry, specifically oil and gas exports over us. i think that the russian president is under the impression that due west is too weak to impose such sanctions on the russian energy experts because many countries are very much dependent on the supply

over oil and gas program. so for example, when we look at the russian oil exports, we see that $3500000.00 tons of per day, a $3500000.00 barrels for a day. go to the united states. you and your kid. it is a, it would be impossible to get well to continue without such supply because, well, basically the goal of the american administration, for example, is stewart, keep the price at the gas stations as low as possible, the loan amount of the sanctions. it's already been announced, was the effective, you know, it may be paps temporary cancellation of no stream to that's targeting the russian gas experts actually no, i mean, embargo on guess supply from russia. we see that very many members of the you are

critically dependent on the supply over us. yes. such as a bulgaria slovak here, hungary seemed lumber, which is not a member of the year, but still they are depend them on the critical dependent on russian gas. and this is why it would be impossible to get it consolidated opinion over the you about embargo, overestimate, just supply as to is there any other potential sanctions that are being talked about to kill a li, i, you know, removing russia from the swift, a banking system so far as you're concerned, is that sort of as a threat, enough of a threat to stop president putin in his tracks. i don't think so because he thinks, in my opinion, you're thankful that russia has accumulated enough cash to finance military are actually in your green or elsewhere. and this is why he feels look pretty

comfortable with the financial caution that he has created for the restaurant. but i can make, make al critique in from russ energy mosque. i thank you so much for joining us here on t to p business. thank you. now while the west is pinning its hopes on sanctions to avoid a calamity in ukraine, russian president vladimir putin is putting some of his hopes in china. the question before him is, could china's step in as russia's primary trading partner? if the europeans cut business ties, the european union is russia's biggest export market by far. currently a 3rd of all its goods are delivered to the e. u. china enforce less than half as much, although the gap has been narrowing in recent years. however, when it comes to russia's most important exports, natural gas,

there is currently really no comparison. the you in ports 200000000000 cubic meters per year versus china's $38000000000.00, but china's demand is growing and pipelines are already being built. so let's discuss this relationship further with correspondent in taipei. so soon, hon. so just tell us, will the alienation of russia by europe drive moscow invasion closer together? oh, not really. the situation now certainly give china a lot of more flexibility and breathing room and even triggers europe to seek chinese mediation. but many asper told me, china needs russia to create just the right amount of tension in europe. enough to distract the west from being able to focus on the indoor pacific region and not to escalate to full scale war, so as not to create too many uncontrollable variables in international environment . in 2022. the ear of its power transition for china. russia is helpful,

our partner to work with doing moments of intense western scrutiny against it, but china doesn't really see russia as a very dependable allen. russia has the wars longest border and china has the most number of neighbors that it shares lens border with. they actually view each other as a potential security concern, a significantly stronger russia. a more worrisome neighbor is not something that china really wants to see. ok, so they have said that they want to strengthen ties. actually trying isn't quite strict position, isn't it? but what are the economic implications of what's going on in ukraine for china? what we know after russia's and the station of the korean peninsula, several chinese state on banks have provided loans to russian state banks under western sanctions. but this time is not easy for china to expand it. nomic cooperation with russia to offset some of the negative effects of the session imposed on russia by the west. because china's exports to the u and the u. k. combined almost 10 times greater than those to russia,

with increasing restrictions on technology transfer and chinese investment and kohl's to reduce supply chain dependence on china, china's economy could face sanctions from europe if it becomes too supportive of hooting over ukraine. china tries to not be seen as taking a clear state while it's the economy is facing new downward pressure. and we have actually heard people during comparisons between the relationship between russia and ukraine and that of china and taiwan. how does that comparison go down where you are almost how many people feel for the situation in ukraine, and it's people's desire to maintain is serenity and people here are watching closely if the united states and its allies will help ukraine to stop the russian invasion with a psychological projection of a military crisis in the town was drake. though most people don't think that china would launch a war against high one if a rustle, ukrainian war breaks out. people do believe china is carefully observing every step

russia is taken towards you credit. the texas of bargaining, the manipulation of false information and pressure on taiwan will grow in the future. because china can use this tactics on taiwan in a systematic way in o gray areas. the ukraine situation is seen as important lesson for taiwan. ok, so some harm in taipei for us. thank you very much. away from the crisis in ukraine now and to a story that brings together 2 of the big innovations of the 21st century. so far, electric vehicles and 3 d printing the shift away from petrol. and diesel means as already a major effort underway to boost your car, battery production capacity and manufacturer is a finding innovative ways to produce them. e mobility is on the rise and not just for passenger cars. the orton company near to the air converts diesel van c. e drive vehicles. the family business with 150 employees is

a factory. each conversion, a unique piece. one of the most important components is the battery. the cabinets and his colleagues have to buy all their battery cells in china. that's becoming increasingly expensive, but it isn't opp, underneath the battery, so prices in the current economic climate have increased. it's become more extreme now because the transportation costs for battery cells have increased 6 fold extra zebra war. the commercial vehicle manufacturers such as mercedes and volkswagen, don't have vehicles in this class on offer. village cabinets and his employees are constantly on the lookout for battery. so manufacturers in europe, that would make things a lot easier. it's not true, it's of course much easier to order batteries on demand. our production warehouse could become smaller like a local supply of spare parts when a battery so needs to be changed, which is much easier than the long distances rather was

a little shy. and for us is the la vega. but battery cells made in europe are nowhere to be found. the cells are the actual energy carriers of a car battery. most of the cells have to be imported from asia in german factories . they're assembled into finished car batteries. the blackstone company near trees and wants to change that it play it's using revolutionary technology to do it. battery cells will be 3 d printed production should be more effective, and the battery sells more powerful than asian imports. blackstone plans to expand its battery cell production massively. the 3 d printed battery is unique in the world, and blackstone will be far ahead of the competition. if the technology works for mass production

manager hug, gretisca isn't ready to reveal everything just yet. so much of the factory isn't open to visitors, yolanda dizzy in a museum stack, the system that you see behind me here is the core of the entire printing line. and of course, we don't want to let you look in there, because then you could see how we do it. in concrete terms, we've developed processes and corresponding process equipment that offer this competitive advantage for tie. it would be very cabinets, is curious to see whether the printed battery will become a market success. he urgently needs battery cells, preferably from domestic manufacturers, and his customers are lining up for them. and a reminder, the top business story we're following for you is russia's aggressive moves in the ukraine of trigon sanctions from western governments, u. s. and e e u, a targeting russian individuals and banks as well as banning investment in breakaway regions of ukraine. and even strict measures announced in case of any

further military action. and so from in the business, same him hearing berlin and he'd like more from us to head over to i was i d 2 it dot com slash business. we're also on the data, we use youtube channel, we should check out our business beyond series about the global economy and he can find is on facebook to d to we don't get back with ah, ah,

what is money worth? everything is getting more expensive. inflation is making people nervous. but how did this happen? and could crypto currency offer away out with a glimpse into the complex world of inflation made in germany 30 minutes on d w. o . we have something to celebrate. the 77 percent has reached $100.00 show. 100 times, we've tackled the issues that matter most to you. with boundless compassion. i'm the lot of energy. the $100.00 episode of the 77 percent.

unsure your idea is when i was social media channels, b, w dot com slash 77. they've had paying for it for decades. people of iraq countries devastated. and there's no end to define how did it come to this? good, this is revealed and unprecedented story. he behaved exactly like september and the poison spread. bear with me. 3, your life. the great documentary series, iraq destruction of the nation. starts march 4th on d. w. ah,

ah ah, this is the w news live from berlin, ukraine's president welcomes western sanctions against russia. i made affairs of a full scale invasion joined by the leaders of parliament and the few a new modem is the bad excuse as europe's future security is being decided in ukraine, as the country calls up reserves and prepares to declare a state of emergency. also on the program that lee parts of east and ukraine, a separatist sheylan continues to e w, visits a village caught in the crossfire and.