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tv   Business - News  Deutsche Welle  February 28, 2022 2:45pm-3:01pm CET

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information just how much headway the russia the troops allegedly have made while the ukrainians are seeing that they are very successful. have been very successful actually during the past few days to repel a russian troops from a key military infrastructure, but also to keep them out of the city. now, if this is going to be maintained as a, as this entire invasion, continuous is a big question. of course, if you look at the number, russia is superior, given the quantity of the troops, their soldiers to military equipment. but just now, as we are hearing that ukraine is going to receive a more military help from nato, from europe, at least that there is hope that this fight is going to somehow level up to an even fire. as long as it continues none the less, of course, it could even, i mean, the food escalation here, because a russia already reacted to those plans by europe to increase the defense budget by 450000000 euros. and to, to bring in weapons here, they say,
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that's one of the reasons why they actually want to demilitarize ukraine. that's why they're going to keep with that logic to, to, to do that because this country's going to get more weapons. of course also there is the nuclear threat here that, that, that car that's being put on the table by russia as well. so really at this point, it's, so i'm clear to say just how far this escalation is going to go. and what that actually means for the people here who have to deal with it here in ukraine. hundreds of thousands of people demonstrating all the straits of european capital over the weekend houses emotional support being received in ukraine. people are very thankful to see that there, there is so much rooting for ukraine to, with the withstand, they serve big rush in aggression. this sir, what, what, what do you see play out here in ukraine at the same time, of course,
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is some frustration over the fact that the, it seems like you, you need to have them just woken up. now basically, why not even earlier before this full scale invasion started there for on thursday last week? why not before that? and also they're asking, why aren't there any troops from europe, from ne to here? of course, politically, you know, if that was the case, just imagine if you asked troops with face russian troops he on ukraine saw, i don't even wanna get that far. but as far as the situation is right now, it seems very clear, inconceivable that's going to happen, but yes, all around the ukrainians. i've been speaking to a very welcoming of any half to make sure that somehow they can fight off this aggression that they are enduring for the past 5 days. here in ukraine. the w corresponded funny for char, they're reporting from western ukraine. thank you. funny. and as funny, just mentioned to the nuclear car is on the table. russian president vladimir putin
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asked put his country's deterrence forces that including its nuclear weapon system, on high alert in a video from the kremlin foot and st. nato. pals had made aggressive statements towards russia. he also pointed to economic sanctions that will cut off russian banks from international transaction is too much money was really, really rigid. not only our western countries taking unfriendly economic steps against our country with the timing, the illegal sanctions that everyone knows about very well. what the top officials of leading nato countries, those are also making aggressive statements about our country. he seemed, therefore, i order the minister of defense and the chief of the general staff running, but to put the deterrent forces of the russian military. because women to a special mode of combat duty wish them biddy as ran thomas vigour. now he's
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a journalist and military analyst tom at president putin has put his countries. deterrents forces on jaila that's included including it's nuclear weapon systems. what are we to make of this? well, the problem was we can't be sure what to make of this. it is means of course, as, as a psychological operation against the west, there is no military need for any nuclear threat and the nuclear weapons, right. and all, and even the ukraine, no elsewhere. so this is to deter the west to confront nato. and i think that he tended as a stop sign for the tool not to support ukraine any more. now, on the conventional side of this conflicts for weeks, we've been hearing that russia's army as far superior to that of ukraine. but i haven't progressed as far as most experts have expected. um, how do you explain that?
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well, there are 2 possible explanations about the pentagon called creative resistance of the ukrainians might have a part in this. and also we've seen older tanks, older equipment which moved into a ukraine. so the question is whether the russian forces held bagged them more superior, more modern equipment, send in low grade equipment, conscripts not as well trained and kept back though well at well trained and well equipped forces. if this is correct or we'll see maybe later today. the other possibility of course, is that the russian forces are not as strong love and not as good as the west has fought for recent years. so of european union on sunday took some significant steps to prop up ukraine's military. will that make any difference?
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it probably yes. it's not only the 458000000 euro package, although there's some a significant. what is the head of the u. u foreign policy, joseph laurel said last night, it's also fighter dreads for ukraine. so obviously, i don't know if or elf intended to make this public, but quite obviously they are european countries, which are willing to support or to hand over there. probably soviet made fido dreads to ukrainian pilots. most probably it will be polish mic 29 because ukrainians operate this type of aircraft themselves. they have the pilots, they have experience. and in that there were no confirmation of a handover yet. but to we may be, we will see those make 29 with the skies over ukraine. well, there has been,
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have been suggestions that the sanctions imposed on russia particular on the central bank. so crippling that the kremlin might interpret them as an act of war. do these factions have any military effect? well, available, or they won't have an immediate effect on the russian military. they probably will have a long term effector when it comes to equipment, financing, armed forces. but during for the near future, i wouldn't think that those sanctions have a military or meaning beyond the economic impact. a less british talk about the german side of things here. a massive increase in defense spending announced by the chancellor just yesterday. how long will that take it to, to have any effect on, on the german armed forces? well, this will depend how clever this money is spent. on the one hand,
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there are long term projects like replacing the aging tornado fighter jets or in your helicopters. this will take years on the other hand of the german army is in dire need of things you can buy off the shelf that ammunition that night vision goggles, read to protective vests and things like that. so it's not only the high tech equipment, it's those allegedly minor things which i and so child supply and this can be organized pretty fast journalist and military experts, so much view that. thank you very much tom. you're welcome. but they can amik sanctions against russia, starting to have an impact the russian ruble as plunge to record low, dropping more than 30 percent against the us dollar russians on our scrambling to withdraw money from banks with long queues forming
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a cash machines across the country. in an attempt to prop up the ruble, russia central bank, double, it's key interest rate to an unprecedented 20 percent and ordered domestic export companies to sell foreign currency reserves. sanctions imposed by the us and europe have largely cut the country off from the global financial system. european stock market fell steeply as the financial sector reacted to the lead to sanctions. among those major russian banks would be kicked out of the global financial transaction network. swift at a cost not only to russia, but also towards trading partners. over the weekend, german chancellor will have shots made it clear that things could get even worse. vaviante lists for let's not kid ourselves is put in will not change his course over night. but very soon, the russian leadership will feel the high price. it is paying your worship already . in the last week, the russian stock market sank by more than 30 percent. that shows our sanctions are
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working and we reserve the right to impose further sanctions and was on the on the so far, sanctions against russia include the exclusion from swift, making it impossible for sanctioned russian banks to pay for and receive goods from abroad. there are also restrictions on major banks with immediate consequences. the europeans subsidiary, off russia state on spare bank is facing bankruptcy. last week's initial sanctions also included asset freezes and travel bands for individuals. as well as the blocking of rushes access to semiconductors, computers and other high tech products. experts consider the sanctions against russia harsh and expect them to possibly cripple the russian economy for years to come. you're watching the w news. here's a quick recap of what's been happening in ukraine, ukraine and russia holding their 1st talk since thrushes invasion,
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ukrainian delegation says it's, it is demanding a cease fire and the withdrawal of russian troops cooper and says that it's successful, defending all its major cities. but russia claims has made advances in some areas and that's it from me, and that is team from our stay too though nicole fully who will be in this seat in just a moment and have more live coverage on ukraine in just a moment out. office in berlin, thanks for ah, [000:00:00;00]
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with who to the point. strong opinions, clear positions, international perspectives. to warn you crane seems even more frightening than before. many people have begun to think the unthinkable after russian president vladimir putin appeared to say just that he could be ready to use nuclear weapons. is the conflict entering
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a new dimension to the point with on d w. ah. people in trucks injured when trying to see the city center more and more refugees are being turned away at the border. families in syria to the credit on its way located demonstrate people seeing extreme ground ross getting 200 people from the agency around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own
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mind. d. w. made for mines. oh. put with it away. the national
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with well okay. ah. ah. news lying from berlin, russia and ukraine hold peace talks as lot. we're potent war rages on it go, shaders for the 2 sides are meeting and deliberately ukraine demands an immediate cease fire and withdrawal, but holds out little hope. meanwhile, russian attacks on key cities claim more victims, also coming up hundreds of thousands, li, ukraine, poland, and other nations set up shelters while families open their doors. the european

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