and deliver packages in the student for ourselves and for other countries. often we seen it when it came out of the crisis at the start of the recovery when we saw what was happening as regards the semiconductors, when we had delegated production to the other part. so what, how difficult it was to return to the manufacturing of cars, for instance, and we're seeing it in the context of this crisis where we can see how our food, our energy, or defend all is use of the sovereignty. well, we can cooperate in peace. also, we want to be open to the world, but we want to choose our partners and, and not depend on any that is what we mean by sovereignty. it's not protection. it's not supposed never closing the door. it's a question of having the possibility of staying open without any dependent. so the last i agenda has set out the next few months work on that along those lines. as regards of defense, we want to be able to define the investments that we need. several of us are already at the level of a 2 percent of your ged. he invested in defense,

others have owned by the reference to it. to make that we're going to make coordinated learning efforts. we're going to identify our needs and budget terms, have been to identify capabilities that are required. and we'll also identify our needs when it comes to the possible new conflicts, whether we're talking about shipping a maritime space and also identify what we need in order to develop the european industrial before tissue at the of the day falls. c. c, one posted on thursday, but if we're going to import more in the way of hardware from elsewhere than there's not much, not much point pursuing this sort of facility, we need to think in terms of partnerships. yes. but we have to be able to lease side to consolidate and to construct a defense industry with fewer with standard but corresponding to an integrated marketing things at home. people the so their number of sessions that we've already taken. i mean the set up for the short bridget, their math quite downloaded anita on yesterday. so know this, the small

e one are similar if you get it. then magnetic e r, i'm happy to do about 10 days ago, germany of intent decided to make historic investment to serve in the country with the country. italy and denmark made it his story tracer, deciding wallace with about to push you asked the people if they want to come back to the european security and defense project. you can see that everywhere around the european continent. historic choices are being made. and this is a major turning point, but we need to have the organization so that we can build this jointed ambition in defense. and this is what we have asked the commission to do so that by me, or when we, when they don't have an extraordinary meeting of the counsel before the somebody in june, the summit meeting in june, we will work up a plan which is full, full investment to get our industries up to the right citizen, capacity and capability of

a kinetic you to know. and then when they damn it to you with the question of, of climate strategy. we started building our earn independence, getting out of fossil energy is a measure of becoming independent. and we know that moving away from coal with putting the special punch that we moved to guess. but to, that's guess that we have important and has done importing from russia, said the situation that britain of the moment on which we wouldn't have to mark means we have to be assess this strategy and be even more ambitious without climate plans alone. and for that little have a check on this by mid march and see how we can provide the support. so for our populations footprints and we're going to work on this at the commission with concrete. so objectives for prices and $4.43 may be finished so that we can guarantee their mechanisms and music, which means not subjected to the contingencies of the market or speculation of the

market to be in a particular crisis. situations many a few have already taken steps to protect citizens and companies, and we need to have a european choice isn't in the 2 weeks to come. we will do our best to so that we can stand up to the press shop which comes from the geopolitical consequently, context of a process we're going up before the war and then continuing to increase because of the won't handle. then of course we have the sanctions which are coming in and we must prepare ourselves so that we are not so sensitive to the dependency on russia . and this is what we've been scheduled for me for the commission as the 2 presidents have pointed out, we have the plan to step up of the dependency on fossil fuels from russia, so that we can get up by 2027 said that we are no longer dependent on russian gas or oil and coal, that's maybe 2027. this means that has to be new investment heroes of facilities so

that we can support our choices for renewables and for nuclear energy with you. and you can see that in march and may, will be very busy for energy subject with. and there are other issues that we will have to work together on to ensure that we are independent and sovereign. there's the furnace strategy. you said you bleed humans with a, we're talking about wheat or mays, or grain crops. in general. we know that ukraine and russia to a huge market. this in europe is already been upset by the war and the lady on the food supply market. and this will be even more surveillance in 12 to 18 months left with the impact on your cream and then to crump them. and they will be a major disturbance, 2 food supplies in the, in, on feed supplies. so we have to strike a new balance and look at footprint so that we can house oh autonomy for alfred

production and protein production. and we must reassess the strength of j. b for africa, because the number of african countries are going to be hidden by famines in the next 12 to 18 months. because of this war with the consumer to see if they live for j for other commodities. the u. haul materials, who ran materials that even on the other thing i mentioned to the question of semiconductors, they'll get the healthcare. i went good through the whole days, but we have this agenda will be going through this in the months to come with very concrete proposals for investments, which will make it possible to have even more sovereign and more independent europe . i see these are the people we will be encouraging with private to invest months. so this like the idea with tax on and jim and we're going to have a capitals and we're going to look at the single market in different sector,

including many things we have to have the appropriate monetary, possible normal dominion. we live on some hardware, not in the circles, people to try going back in the to normal. now it's quite clear and the european with central european bank will be following his work. and we'll be doing this very clearly in the current year, patched, nat geo. political context and we'll have national investment policies. you've been watching life footage of the press conference by french, present a matter when my home european commission present or is love on their lion and european council present, shown michelle, that's taking place right now in their side. where a meeting of e leaders has just concluded, we also are a little earlier from german chancellor, olaf schultz, and the all used to words repeatedly sovereignty and independence. let's find out more about what just happened in this idea correspond. available is standing

outside in the rain. thank you so much. a strategic autonomy, energy security becoming self sufficient. is that the use new top priority? that is the use of priority after the summit because the to sum it up are really lighter. this summit hasn't been so much about helping ukraine. this summit has been about shoring up the use own position and the french president amanda mac. wrong. of course, we've heard his rather lengthy discourse about all the problems that have been thrown up by the used politics throughout the last 5 years. he was the one very early on when he came into office, who said, europe needs to be more independent, needs to be more autonomous. it shouldn't rely so much on others, particularly on russia, of course. and should sort of deployed their own strengths more. and he could now,

and he can now sort of stand up and say, i told you so he just avoided that. but of course, it means for europe that they will have to completely reorient, orientate their politics, that they will have to sort of re orientate their industrial policy, manufacture many things that they have had from other parts of the world before. because the point is not to be politically blackmail any more in the future. and that is the hard thing that they are facing. now. they are in a way being blackmailed by russia, which is waging this atrocious war in ukraine because they're still taking energy deliveries from russia, oil and gas. and they're not quite ready yet to turn them off. and it sort of gives them more problems and they do have more of scruples, but they don't see a way out. we heard the german chance of shrubs reiterate that. and so they, they say we don't want this to happen again in the future. but if you sum it up in

the end, layla, it means said that for ukraine, they're on their own at the moment. and the european union is sort of looking to sort of figure out how to whether the crisis from their side. so ukraine for the moment on, on their own in your assessment, the war in ukraine is of course essential for ukraine. first and foremost, we've seen of course images in these past 2 weeks of millions of people displaced hospitals now being bombed russian forces targeting soft civilian targets. will e leaders be able to face off potentially increasing public pressure on to do more? that is the big question because at the moment they're not willing to that there is some here we've heard some european leaders, for instance, the a finished prime minister, the son of marine was sad when she came into this summit meeting in the morning. you said we are feeding purchase war chests,

we are filling it because we are still importing an energy from him. and everyone here knows that. so if public pressure increases, if the european leaders didn't do get the impression that they, they will sort of have to follow public will that the public is willing to bear the consequences, which will be really hard with energy prices going through the roof and industry in europe getting into trouble, particularly in germany, then they might move on that at the moment. they're not ready to do this. but in monro mcclung, the french president also said everything is still on the table. so that might have been a hint in that direction. further discussion is to be head, and of course, when i said ukraine is on its own, it doesn't mean that they will not to every thing to help. they will give money, humanitarian aid. they are welcoming refugees, phone from ukraine, and the numbers are increasing daily as they are trying to put in

a logistics into ukraine trains. for instance, from the german train operator deutsch upon to, to bring goods into ukraine as long as that is still possible. more military 8 is also talked about. another 500000000 are proposed to flow into that. so yes, they're doing everything except for sort of really damaging down position at that mean sort of the final boycott. and that's the final turn of the screw. it was, we've got to sanctions, the final boy court for oil and gas. it corresponded barbara laser reporting from the summit in versailles. barbara, thank you very much. he wanting you to re news. a recap now of the mean story from the crisis. the central ukrainian city of denise pro becomes a target of russian air assaults for the 1st time, emergency services say an apartment block and kindergarten were hit. russian troops are also edging ever closer to the capital key. hundreds of thousands remain

trapped in the port city of money of bull. mit heavy bombardment. about rock and berlin on behalf of all of us here andy w. thank you for making this part of your day. we'll be back with every day for us and for our planet, with global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect animals and their habitats? what to do with all our waste? we can make a difference by choosing reforestation over deforestation recycling over disposable

smart new solutions. overstate that in our ways, or is truly unique. and we know that, that uniqueness is what allows us to live and survive google ideas, the environmental series in global 3000 on d, w, and online ah, hitting rushes elite in the pocket, switzerland secretive banking system, has long helped wealthy russians to hide by money. i make more of it, but now the swiss joining the international assault on russian finance. and london is also a dozen galks play ground with russian zoning, billions in property. that is the party about to be over there to this is to be a business on robots in berlin. welcome to the program. is perhaps the toughest sanction

the west has levied against russia. around 70 percent of its banks and financial institutions have been cut off from swift. the system used by banks to send money across borders. it is a move that impact reaches well beyond russia itself. many banks in the u. s. the e u and the u. k. have given loans to russian firms who can now no longer service them. it's unclear exactly how much banks have loans to russian companies, but the experts are putting this number somewhere in the 10s of billions of yours. then there's of course, the potential for sovereign debt. default rushes central bank can't access. it's assets abroad on his own course to miss re payments to its creditors. now russia currently owes nearly $50000000000.00 to lenders in the west. payments are due within the next 2 weeks, one for $100000000.00 in interest. another of over 2.