he behaved exactly like said thermostat and the poison spread. bedrooms. ah, my name is lou. the great documentary series destruction of a nation starts march 4th on d w. ah, $110115119.00. the price of a barrel of oil keeps surging over the war in ukraine. why has international intervention not been able to help so far and where our price is likely to be headed? we'll have live enough also coming up prices for we'd have also been on the rise as both russia and ukraine are important grain producers talk to one foreman, ukraine. what this war is doing to his business and the world market,

and after sanctions are levied against many russian oligarchy. they are yachts, attract the attention of law enforcement. i'm chris colberg. welcome to the program . since russia invaded ukraine, oil prices have been surging, leading industrial nations now want to tap their oil reserves to mitigate the situation for consumers and companies. the international energy agency wants to release the 60000000 barrels of crude oil reserves. that's about 4 percent of all emergency reserves of one and a half 1000000000 barrels. meanwhile, western oil companies continue to scale down their operations in russia, italy's, any now joining shell and b p for more or less bringing dw ashtosh pan de who has his eyes on the could market. ashatash. oil and gas trade has been left out of sanctions by the west so far. why our price is still rising.

like this, a lot of to is to do with what is that finally said, sanctioning a fire oil schepers with somebody doing it because they don't want a any additional damage. so much light on long runs and recycle doing it on the fact that they don't want to be seen on the wrong side of sanctions. so that is a major factor that is driving the price is higher because even when one is that a master is comes to the brand benchmark still, then you take it for the national and the shipper is what they do ship the russian on asking for you now the united states and dozens of other countries have decided to release 60000000 barrels of oil from to drill strategic reserves. why hasn't this help much? because it's just not enough, right?

i mean, yes, disruption or quantum or better than what disabilities would actually bring to the market. so if you do the math, it's a $60000000.00 barrels or 30 days would be $2000000.00 barrels. it's a finite stop by give me an open ended price that would last longer. so it's not getting enough quantities today. and if we take a look at opec, another major producers, they're mainly in for higher revenue, or thanks to high prices or what's the game here? absolutely, the sun shines a, particularly saudi arabia and united in the rate. so these are the companies that a capacity to be on, not yet to pumping in more or in the, in the day. we know that many of them are producing, struggling to even reach that to 1000 barrels of oil for supply. but these 2 players have me just that capacity, but see what we got

a lot to it's called for is a lot of us dollars money that it needs to be from. and of course, there has been talk about how these high prices for energy could actually fuel the transition away from the sources of energy, but could an oil price at around $101000.00 per barrel as we're seeing it right now . actually heard this transition more than it helps. yeah. up front in the me get it done. it. i would tell you why because the higher prices. i mean that is people move to electric vehicles that didn't make it more. right. that's why there's a lot of good amount of money. that's why companies are making you invest in energy expectations and also because the government actually try to book when you try her in the shop them is good to leave you. a company is really more and that's

going to be really bad for the transition. we might a guess produce as a can. so it's going to be problematic and that's what the monthly. so what about the governor's ash cash pan day? thank you. and staying with commodities, russia and ukraine are among the world's biggest explorers of grain. the conflict now could lead to a loss and production and cancel deliveries with potentially grave consequences. for some of the poorest regions, the world in war torn am in the wheat reserves will last for another couple of months according to the government. but many like here in the capital city of santa worry about the rising prices for flower russia, more against ukraine will affect the whole world, not just us. it will hit imports, exports, and trade. yemen will undoubtedly be effected. we are an importer, wheat,

and most of our food comes from abroad. lebanon says that as we reserved for just one more month, the country's largest silos were destroyed in an explosion in bay root in 2020. the country depends on wheat imports. with 60 percent coming from ukraine, the government is looking for options. now, we've reached out to a number of countries including the u. s. india, canada, and europe that produce the soft wheat that's needed for the, our bread styles we produce in lebanon. it's a very specific time by, by net canada. turkey depends on, we'd imports from russia, the countries in the midst of an economic crisis with sky high inflation. there have been massive protests over rising food prices. many turks fear that the war will make matters worse. and basic food items, even more expensive. earlier i spoke to a deeply trist. he's

a consultant on farming and agricultural where their focus on ukraine, where he also runs a farm east of give he just returned to germany and i asked him what his experience has been the last days. yeah, i bought these re motional on their own. we had a lot of people, all was everybody discussed about it before, but i couldn't believe that we hadn't and only both are on my car from keith. so unfortunately, i'm ready to meet before to germany. so i was alone and makes it much easier to. yeah, with cable to everything that's going to it took me there. yeah. a day to get when you bought and the growth rate and

live to germany. do you know what has been happening to your farms and to your employees? yes, we are in context. we're kind of working on our in so we are discussing, you know, how to say i want to say to people, we paid ready to time salary money. we organized, we brought we to kia and brought to a local beer to what you call the people because they read in all religious. what will this conflict mean for ukraine's agricultural sector which is important to the country's economy?

it brings, i mean it will be a good of growth. griffin is how much it's going to fit for, for some reasons, don't very soon. so they can manage to have a minor if not really 16 united wouldn't be seated. leg of these are few men. so everything you need for receiving are you going to return to ukraine? once the fighting stops? yes, i think i have to be there. i would be available. i count base.

you're more than 20 ukraine. so my children are born and ukraine. so this is my, my home, i can pull off the job. so, the moment i'm moving to go to google, farmer and agricultural consulting didn't taste, talking to us earlier. now, after sanctions were, levied against many russian oligarchy. there are yachts have attracted the attention of law enforcement. some of them happened to be anchored in german shipyards, words, anything but easy to see them. luxurious yachts are a common sight in hamburg, but these tarps cover a special one. the dill bar worth 800000000 euros, is an especially impressive ship as seen in this marketing clip. it belongs to

russian. all the gog alisha was small of who has been sanctioned by the you. he's seen as the confidant of russian president vladimir putin was small of says he's been unfairly vilified and will fight the accusations. the german government had carefully planned the seizure directs ticks to if we have only received the exact wording of these sanctions less than 48 hours ago. we are now focused on finding ways to execute the sanctions. living chief, uncertain as the goal of the youth sanctions is to limit the oligarchs economic power. since a yard is hardly part of a business and doesn't help it earn money, it was initially unclear whether or not it could be seized. the canyon outside a yard could easily be sold any time. and in the case of the yacht in hamburg, that could bring it up to 800000000 euros. that's why i think it has to fall under the current sanctions. given that it is very much an asset that could potentially in which someone wouldn't bidding orders and so on. so fast authorities agreed.

another yard left hamburg in february after having docked therefore maintenance work. the graceful belief to be vladimir put ins yard as it regularly anchors at his vacation spots. just days before russia started its war against ukraine, the yacht left for colin and cried. yards are not the only acids russian oligarchs hold in germany. near lake teegan c in the south locust gather to protest against was man of his rumor to own this villa and likely to more close to the lake. no one knows for certain, though not even the members of the city council, however, are needed. i have never seen the nameless man of any official documents, usually deals are made by companies. so with straw man, which was men. such business practices are common among oligarchs. they used specifically to avoid sanctions that whole problem too, if that are the main problem, will be to prove that an oligarchy is the legal owner of

a property. in looking at an oligarchy with potential assets, i have to have proof that those assets are really there's was bringing, dusty for moves throughout a 1000 and switch revisions. and luna is another yacht anchoring in hamburg these days. it's also presumed to belong to an oligarchy, but that once not been sanctioned. and that wraps up a program. thanks for watching. ah ah, people in trucks injured was trying to flee the city center. more and more refugees are being turned away at the border. families playing phone tags. the reason for the credit on that is with people lean extreme around getting $200.00 people with around the world. more than

300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d w. made for mines. ah, i am now joined by peter by a he is the transatlantic coordinators for the german government. thank you very much bit of i a for being with us. now i do have to explain to our viewers that he is in a position which is something that germany hasn't seen that often. if ever that a member of the conservative party that is not part of the current government is actually coordinating the transatlantic ties for the parties that are currently in the government, which are of course, the social democrats, the greens and the f

d p. so peter, by, i am correct in it saying that you are still the trans atlantic coordinator. how come that is correct? m. how come? i don't know. i'm still in this position, sir, since april. 2018. and i think the, the reason for the 2 reasons is only that the coalition, which is now government. germany has not yet agreed on a successor to me. so i'm, i still have that position. what kind of signals are you guessing from germany's transatlantic partners since sunday? because we mustn't forget that essentially we'll have shorts in his declaration to parliament in this special session on sunday. since he turned round decades of a german principles, when it comes to foreign and security policy, he announced a massive in boost for defense spending. he also said that germany was from now on going to adhered to the 2 percent nato goal. how did that go down in washington

and in other countries? there was a, you know, we've kind of big sigh of relief said finally. finally, the germans understand that freedom doesn't come without costs. you have to invest in, not only on a more real level, but really with money you have to contribute to have to step up to your own security interests. and let me at that, i think that way too long. germany has done 2 things wrongly. first we have, we were hiding behind our own history set, well, germany weapons out of territory, emissions. very dangerous. it's not the right thing to do that was wrong. and 2nd thing, which i think we completely misunderstood, stood for many years, is that the germans would not support, would not understand that if we increased tremendously, our defense buildings in the evil weapons as they are perceived,

many times may be bad, but that people, but i think that was wrong, i think we have taken already of stepped up much earlier turn to our own citizen explained the stability, the peace and prosperity that we all enjoy. 82000000 germans in this country does not come from for, from, for out of the blue sky. it has to do with security. and we cannot always rely on others that they spend their techs pay as mine, that they invest in our security that we have to take up their own our own responsibly. i think if we would have turned to our citizen earlier, they would have understood that. now you just said that germany did too little too late and that it looks as though it was wrong for germany to essentially only go for diplomacy, not increase defense spending. for example, implicitly you are criticizing ungrammatical as the german chancellor who was in

office for 16 years. did uncle michael's russia strategy fail? i don't know if it failed. he was. she had a very close relationship, not like friendship, but a close relationship and a good connection to vladimir putin. but he moved putin as we all know. he speaks german, former german chancellor mega is fluent and russian. that helped in many situations of tensions, of crisis. so i think she had all reason to use death to use this and i would not say she tried to. she did appeasement policy of politics, but in the ends it was not success. well, we have to admit that i think also if we, if we look to put in over time he, as a person, as an individual changed. there's always this, you know, people are referring to this speech that he hold here in the parliament some years

ago. i think it was 2007 or 5 for something where he made an offer, allegedly, to us to the west that we did not receive. i don't know really if that was true, but i think for a fact we can see the development even during the, in the course of the past weeks off of let me put in, if you, if you look to french president mccall who also met at the kremlin is and famous long table. it was saying, i think he also was published on that saying, well, he was sitting in front of a changed russian president as a person. so uncle american, i think she was, she was right to do the things she did. but for example, if you take notes into this bought. ready exceed got gas pipeline from russia to germany, the ukraine. exactly. i think it was wrong together. i together with some, with a with it in over time increasing group of parliamentarians from my own party were

criticizing that. i say we have to stop that because 1st we don't need it. the gas, we have to diversify. it will increase, it increases and dangerously, the dependency on russia. she was not so much believing in that's so also a good decision. now that this government has put a whole to know seem to yes, mistake, happy, nate, but in hindsight, you're always much smarter than, than the situation you have to make decisions. if we're talking about who made mistakes in the past, we also have to talk about gach, where does role. now a former chancellor who had very close ties with vladimir putin when he was chancellor and who kept those ties. intensive height, those ties and took up important positions after he was no longer chancellor, with russian companies gach, florida to this day has still not distanced himself. he has condemned what is going on currently in ukraine. but there are now speculations that if gout florida doesn't distance himself and pulls out of all his obligations with russian

companies that he might even be put on sanctions less should he be put on sanctions less scout for get through it as a total embarrassment for my country for germany, he is a russian lobbyists. he gets a lot of money for what he's doing as a russian lobby is for, for energy companies that is not running, but he's sitting in prominent positions, positions that, that he occupies there. and as we've seen recently, some of his former now employees f, voluntary step down that we do not want to work with him anymore because he has not distance himself from flooding the putin from the politics and has not the, you know, so these employees now former employees of the art, schroeder, s taking up the consequences and one would actually expect a former statesman, a former as chancellor of the 4th largest economy in this world, called germany to take up the responsibility and to be not brave enough,

but to show some responsibility at all to, to show that he has learned, nobody would blame him for learning to say, i'm quitting all my responsibilities, all position that a whole in russian companies. i don't know if he has still not understood that. i don't know what's going on with his men, but again, it's a total embarrassment. think should he be put on sanctions list? apart from him having being the german chancellor before everybody who, who still supports this regime, this dictatorship, this warlord called running me put in. has to face consequences. can you confirm that in washington that were ideas to put them on sanctions list? i couldn't neither confirm nor deny what is germany's new sounds, an investment and engagement in military operations and the willingness to

boost our army. what does that mean for other strategically important regions? if we look at other crises that are still going on, the bonus that is also engaged in molly, in the hell, and those mandates running out very soon. so will this new willingness by germany to be active and to have a strong military again, will that have consequences for germany's engagement in molly? decisions have to be made there. there's, there soon coming. so there are voices here that are saying where we have to re concentrate, refocused more and the defense on the original task of the been was we are to defend this country. if that is the final word and that i doubt that. but what i would, i would after the under, so underline is rethink our concepts. it has to do with money, but it is not only about money,

it's good to have no more money available soon. but what do we do that? how do we spent that wisely, also in close coordination with our nato allies, with partners, and also you're right, we have, everything's understandably overshadowed now by the, the russia, russia, as war and ukraine. but we also have not to take completely out of focus other regions. you mentioned molly, i should it in the pacific. i mean, and the americans were blamed just 23 months ago by who are obsessed with china and taiwan and south china sea in the pacific issue. navy, there were obsessed, but they were right in, put, to alerting us to this region more than ever before. and the government also did german government should not take this out of perspective loose that out

of focus. we should still understand that we need to have a presence in the, in the pacific, in the south china sea to stabilize this where also has a strong signal to a like minded states in the region. and don't let, nobody should live under the illusion that's china's not watching how the west is acting, the situation with russia, ukraine wall, how afraid are you of a well welcome you of a world war 3. i'm not afraid of that there, but we, we, we need to be at least very concerned about the nuclear threat that comes on from roscoe. that is really serious. i'm not thinking about the nuclear strikes on berlin for example. and but the option is that we have to be smart in how we publicly deal with a situation. what, what messages we sent to kremlin, to the kremlin, into the bloody me put in. we should not corner letting me put in too much if this

guy is cornered that he doesn't that, that he thinks he has nothing else to loose. and he has no other options as well. it doesn't matter. i am not losing anything. then that is a very, very dangerous situation, and we need to be aware of that situation. it's serious. we have lot of intelligent information from our services as well as from intelligent service of a friends that the situation is, as i just indicated, much, much more going on. so that is something that people should be concerned off world war 3. i doubt that that is the reason if you looked at the state of the union speech of a u. s. president joe biden. the last one where he addressed that and he he again sat that there will be no u. s. or even nato troops on the ground and no compet fighters,

planes over the ukraine. so because that would mean nato and the west, we would be part of this war. active leap combating joe biden said, that is not going to happen. but nato will defend natal member countries via transatlantic coordinators for the german government. thank you very much. thank you very much. who's the w to talk? show a strong opinion. clear positions, international perspective. like every week we get to the point on a current topic. the open, controversial, committed to the point 90 minutes

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ah ah, business b, w. news live from berlin. russian forces appear to have claimed their 1st ukrainian city troops are in the streets of the port city of castle and have taken control of the administration building despite brushes, advances president vladimir to lensky, just ukrainians to persevere and says russia will pay forwarded stock more than a $1000000.00 people have now fled the war and the un was. this is just the beginning. we report from ukraine's border with romania.