to grow, we're bringing environmental conservation to weiss with learning pass white global ideas. one will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing. download it now, feel free. you're watching d. w. news asia coming up today. questions for indonesia on ukraine crisis. a. d. w . exclusive. as we meet with the foreign ministry to discuss the war and to carter's position on the matter. plus why singapore is taking a different direction when it comes to the ukraine conflict will explain why. and life has become more complicated for russians abroad, many of whom live in asia tower,

sanctions and other limits making their impact. ah, i melissa chan, thanks for joining us. we're taking a closer look at se asia today and how the russian invasion of ukraine so far away is impacting the region. and also how some countries have responded. asia has seen far fewer people take to the streets to protest the war. nothing like the hundreds of thousands who rallied across european capitals instead, most protests have involved ukrainians and russians abroad, such as this group in bali, indonesia, indonesian president joker were dodo has decided not to join the group of nations imposing sanctions on russia. in general, the country prefers to stay neutral when it comes to conflicts,

in part because the main domestic agenda is economic growth. and that means doing business with as many countries as possible. russia accounts for less than one percent of trade with indonesia, but about 16 percent of the country's military weaponry is from russia. d w georg mattress had the chance to speak to indonesian ambassador near us, our jaya director general for american and european affairs. you can see how he's trying to walk the lying about the murat. how concerned are you about the situation in your brain? well, we've been very consistent from the beginning before the war broke off. we are already sending a message that, you know, everybody has to use the negotiation based on one of the dispute and immediately when the attack began. so the president has already been telling from his trigger that, you know, the war will, will, will not help. and also will and to the suffering of humanity. and that is the

reason why we out of my tissue painting in the un general assembly. so you mentioned the un resolution forward nisha voted from them the russian invasion just at what point would sanction be something that indonesia considered? well, you know, what we're trying to do is of course to stop the conflict 1st and address the humanitarian issues as well as create a safe passage. the safety of the civilians is very important. addressing the issue you might need to have in the social very crucial, and that should be, you know, immediate step step that we have to pick from an agent perspective. what kind of geopolitical lesson withdraw from this country. well, you know, very important lesson. first con, or military attack will not resolve the issue, will not better benefit to anyone. and this is very important number to the lesson that we learn. negotiation and peaceful settlement of this group should be the only

options for people to say about number 3. i think we have stated many times international community saying that multilateralism should be upheld should be strengthened. you think in terms of world politics, this will shift to the focus on the in the pacific from the united states, for example, rather towards russia. again, i hope not. you know, because i think the international community has to work together in unity. you know, we have very important agenda for humanity and this is already affecting humanity all over the world. we are talking about funding me. we need to also collaborate in unity. we need to also address the issue of economy reform. voice funding mix situations will of course no war source fault, but then, you know, we should not also, you know, forget that the international community as

a very important agenda that we, that require us to be united to be in the united fraud in order to address that fund without that, i think it will keep on going and then it will also bring tremendous impact to humanity. but, but certainly i think the message of the notice in government is very clear. the war. so stop or thank you very much for your time. thank you, george. thank you. not all countries, in se, asia has stood on the sidelines, singapore often viewed as asia version of switzerland surprised many when it decided to join sanctions for foreign ministry statement made clear why. quote, the sovereignty political independence and territorial integrity of all countries big and small, must be respected singapore. it takes any violation of these core principles seriously as they are fundamental to the survival of singapore. a small state.

joining us as he and chung associate professor at the national university of singapore with a focus on international relations in the indo pacific. e n. can you tell us more about singer pores thinking a what struck me was the blunt assessment where small country we worry about big countries. right. so foreseeable, it's a longstanding issue about it size we're, we're small. so there's lot of emphasis on international law on judical equality because the governing a party and, and 2nd others. and so you sort of sort of see having that sort of critical equality that protection of sovereignty as a platform to racing for standing to give singapore a sort of equality with the larger powers. so that's certainly going to be an emphasis in all, all things that sing or does. so before when sing for had to deal with the arbiter tribunal ruling on the south china sea. it also emphasized these same sets of principles. it's quite key to singapore is self understanding and it's positioning

internationally, but it's a country that has also generally avoided taking side. so i wonder how big a deal is this. and do you get a sense of whether a citizen support the move? right, so given and given this considerations of size, singapore tends not to want to get into a big fight. but because this is seen, this issue of sovereignty and international law seem to be key to singapore its own interest. so it's not really taking a side apartments in course own side, right. so in addition, i think up to the question about, you know, how the public sees it, public actually is sort of split on it. there are some who are quite critical. they would rather just avoid any trouble, not say anything, especially after russia publicized a sing for the list of names that of countries that included singapore saying that they were unfriendly to russia. those. so there's some fear of repercussion. in addition, i think singapore is talking about the sovereignty issues,

but it's also interested in joining the sanctions because as a financial hub in southeast asia, it probably has more links to russia. and of course, the rest of the world than its neighbors. in that sense, a single, i think, would be quite concerned if any secondary sanctions came and affected it there would look really bad for sink was credibility. as an, as an actor that tries to be an honest broker that tries to emphasize the rule of law. so doesn't want to have that bad p r hit as well. so i think that's part of the consideration we can't rule out. but of course it sounds much nicer to talk about these more grounded, broader, more abstract, noble, even principles. now we're starting to see how this conflict will impact the global economy, the price of oil, for example. and how do you anticipate that global supply chain, all that stuff impacting singapore. so st or even before the concert had been experiencing increasing inflation like many other places of the world in the world

. so this current sell a spike in all prices also in food prices is going to hit single. or i think that the full effects artfully are, aren't felt yet, but they will buy, and i suppose it's a bullet that singapore will have to bite. fortunately, singapore is our wealthier so may be able to come up with subsidies and things like that for its own citizens are, although the slight wrinkled there is that it also recently passed a are goods and services. tax increase or some of its citizens will really feel the pressure that come with inflation in china. thank you so much for joining us. absolutely. thank you. the clearest impact, the sanctions have, of course, is on rations. and that doesn't just mean those in russia. it also means those living and working abroad, some have been living in paradise in barley, but their situation is turning into a bit of a nightmare. constantine,

the van of has savored barley's warm climate and leisurely vibe. things less common back home in russia. but recently, the vibe has changed. withdrawing money from his russian bank account no longer works. felice hardwell and completely stripped of our finances. they've been completely frozen. and we cannot use our finances at all here. and we may look for so many russian banks have been cut off from the global swift transaction system. visa and mastercard services are suspended and the rubel is in free fall. only a few russians here and still have cash on hand called middle. but the answer to that is militia. recently some russian clients have changed their mode of payment. and there's been a decline in the number of russian customers as on seen youngin, adams, we assumed it's because of the impact from what's been happening recently. and some

of the russian visitors, credit cards have been blocked the the mission. and of course, besides all the financial troubles, constantine ivanov says he's concerned about his loved ones, back home or nuclear they. nobody wanted this war until we're all really worried. man, watching, pushing him. nobody wants war here. we all need peace. when you come on in his last him near we spent time looking at se asia, we end this week, the way we started with china. because of all the countries in asia, china is the most important one. when it comes to what it can do about a conflict, thousands of miles away. it has not joined sanctions. in fact, it has reaffirmed its alliance with russia, saying its friendship with moscow is quote, iron clad at b,

james daniel congressional meeting on friday. premier leeker chung delivered this anna dine statement. you don't hear her glen trisha. the current situation in ukraine is indeed disconcerting. bobby, we should do our best to support russia and ukraine to overcome difficulties, conduct ceasefire negotiations, and reach a peaceful outcome living we, we support and encourage all efforts to resolve the crisis peacefully. the top priority is to prevent tensions from escalating or even getting out of control. there is consensus in the international community and all parties for this too long, who even for china, calls for maximum restraint functional to prevent a large scale humanitarian crisis. davonte, china has put forward an initiative to deal with the humanitarian situation in ukraine that is involved and has started and continued to provide humanitarian

assistance to ukraine. with ha, she will know who mental as this conflict deepens, will china change its position? it's something for us to keep an eye on. that's it for friday. have a good weekend. thanks for watching. mm. with secrets my behind these will discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage. 360. get the app now we're interested in the global economy. our portfolio

d w business. beyond here, the closer look at the project. our mission. to analyze the fight for market dominance. east this is wes. give a head with b w business beyond ah, hitting rushes elite in the pocket, switzerland secretive banking system, has long helped wealthy russians to hide their money. i'm make more of it. but now the swiss joining the international assault on russian finance. and london is also, sir, doesn't colleague alex playground with russians earning billions in property. that is the party about to be over there to this is data 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 institution 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 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 of putting this number somewhere in the 10s of billions of yours. then there is of course, the potential for sovereign debt, default rushes central bank account 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 you within the next 2.