chastain berlin for now. training is the only thing she has left and she needs update this hour. don't forget if you want more. you can also get in depth round the clock coverage at the war in ukraine on our website, d, w dot com for on social media units and claire richardson at berlin from the team here. thank you so much for joining us. with our interest, the global economy, our portfolio d w. business beyond. here's a closer look at the project. our mission. to analyze the fight for market dominance. east this is wes. get his debit head with the w business beyond.

with a there, i'm david and this is climate change brags, it's sex lou. happiness in 3 books. this is the book for you. you'll get smarter for free. d w books on youtube. ah, here's the top business news of the week. russia is openly threatening to cut of gas supplies to europe, that will lead to enormous supply shortages, especially for germany. but also for the rest of the you. many companies use gas for furnaces in their production. people hit with it and power plants produce electricity with gas. a sudden supply stop would cause energy prices to increase dramatically. prices for oil and gas have already increased. consumers can see that

every day of the patrol stations and on their gas bill before the russian attack, a megawatt hour of gas cost, $69.00 heroes, and was consider expensive at the time. in the meantime, the price as soar to a record high of 335 years. no one knows where the russia will enact its threat and turn off the top completely. that's why the e u wants to become independent of russian gas as quickly as possible. re power e u is the new strategy. it relies on many different energy suppliers, including wind, solar energy, and electricity from bio gas. renewables give us the freedom to choose an energy source that is clean, cheap, reliable, and ours. and instead of continuing to fund fossil fuel imports and fund russian oligarchs, renewables create new jobs here in europe. by the end of the year,

the e u wants to replace 2 thirds of russian gas imports. the war in ukraine shocked europe . now it's rapidly accelerating the use energy transition door greener energy sources. oh. through the window of his office may a hands peter hess can looks out on to one of europe's largest gas storage facilities. it's operated by a gas prom subsidiary in the municipality of yen gum deep in northern germany. the gas export supply the kremlin with revenue. it can use for war doin desert, discern creek, thousands of people and now dying on this wall. and ultimately, the war is being financed by funds that are earned here in germany. maybe even right here in our community. so i don't think anyone here in the community is still behind the company of indian monkey, and i'm going to mind in knowing that his modem stayed deep beneath the town ly salt domes, where the natural gas from russia was being stored. what particularly

a noise the mare is that the volunteer fire department has to ensure the safety of the gas pump facility. it costs the town around a quarter of a $1000000.00 euros a year. as online, if i'm ball game does the, has to be in agreement that the operators of the gas caverns will share in the costs. in other words, they'll contribute 70 percent of the costs for fire fighting services. we've calculated this share on the basis of the hazard potential that the plant represents mcfarland pollutants, yard of his and long dash day. he's been negotiating with the gas from subsidiary, asteroid and castle for years. so far without any success. asked dora when gas, gas, cade and other gas prom subsidiaries operate the largest gas storage facilities in germany. they also own important pipelines and trade in russian natural gas. a murky corporate network. the municipalities also lose tax revenue as

a result, bang, gap astray, i know, or shift on all of a sudden through a reallocation. there was a change of name. there was not even a single tax center. there's no way to reach out to those responsible for my it's been like that in the past. so the experience with gas problem was not a good one here in the region yet. and danny long lost court until now gas from has been able to operate freely on the market and germany even building its own pipelines like here in eastern germany, only now with the war on ukraine. there's been a change of thinking. the state has been given more control we have an appointment with bill browder at the ritz. one of london's most swank, he addresses. he was once one of the most important investors in russia, but he quickly became an opponent of vladimir putin and was expelled from the country. his lived in london for 16 years, and as one of the kremlin biggest critics, britain has been

a m. a soft spot for dirty russian money for last 20 years. they've come here and they, they like the rule of law. they like the property rights. and they like the fact that nobody can ask any questions with bill brown or we visit eaten square in the posh belgrave. your district nicknamed red square. the asking price for a 5 bedroom apartment here is more than 20000000 euros. and no one needs to know who the real owner is. anti corruption activists estimate that russian oligarchs with ties to putin have invested almost 2000000000 euros in real estate alone in recent years. what is there are shelves and shell companies and trusts in an offshore trusts and nominees and proxies all working hard to shield the true ownership of these properties? the city is known by some as london grad because of the many wealthy russians who

live here. not all of them have earned their money. honestly. this week, the british parliament finally passed law to curb corrupt money flows from russia to untangle complex ownership structures. but that's only a 1st step. experts say legislation is just not enough. enforcement needs to be happen and it needs to be familiar with the funding on vessels. what happens right now is that the national crime agencies has been on the funded for up a generation. so what we need to see now is for law enforcement agencies to be funded, to act now and use a tool that they are given at the moment. critics asked whether it really took a war in europe to cut off the wealthy russians from their london playground. ah, the world bank has approves a new aid package for ukraine worth almost off a $1000000000.00. it is available immediately. the money can be used to pay wages for hospital employees, pensions,

and social benefits. more and more western companies are seizing operations in russia. coca cola is joined by competitor pepsi, starbucks, mcdonald and kfc are also pulling out of russia because of the attack on ukraine. and the least of companies recalling their employees is also growing longer with each passing day. motorists are feeling the pinch of the ukraine more at the gas pumps. but now car manufacturers are also facing rising prices for aluminum, which is used to build car bodies and for palladium which is used in catalytic converters. and for nickel, which is used in batteries, aluminum and palladium have both reach record highs, nickel hipped, its highest level since 2007. as a result, cars and spare parts could become more expensive. the european central bank intends to take all necessary measures to ensure the stability of the euro. he c b

precedent, christy le guard said the interest rate will remain untouched. however, the easy bees accelerating its exit from stimulus programs, inflation could rise further in the short term. she said as energy, oil and gas become much more expensive due to the war. brushes invasion of ukraine is accelerating plans by the e. u to move away from fossil fuels. one project that could play an important role in this effort is tesla's geek a factor in brandenburg. now that it's received final environmental approval, a long awaited milestone. this does not mean that all bureaucratic hurdles have been cleared. but the new factory is nearing its opening. ah, any farmer who still has grain in storage is now turning it into cash. rudolf peters at trader in northern germany, ships wheat to ports like hamburg and raw stock. from there it heads off to north

africa. since it became clear that we deliveries from ukraine, one of the world's largest wheat exporters would be canceled. the managing director has been inundated with enquiries despite the high prices douglas adela bites, depending on the daily fluctuations. wheat currently costs around 415 years. a ton bundles, then the goods have to be transported to north africa, to iran, saudi arabia, egypt, and algeria. there, there a freight rates of 40 to 50 years, a ton. so recipient countries after paying 500 years a ton gotten. and functionally, ukraine has traditionally been one of the world's largest wheat exporters with many large farms on the world market. the country has often competed with russia in recent years. now because of the wall, the country can no longer deliver. there's a shortage of employees fuel and seed people around the world feeling the loss. ya yet, sean. according to the latest world food report, we already have an increase in malnourished people,

which is again moving in the direction of a 1000000000 people. and it's feared that with this commodity price explosion we're experiencing a farther increase, and malnutrition is to be expected on a limb. and i know vital tsunami that winter nails touching in this large flower mill. they process around a 1000 tons of we today. the fact that ukrainian wheat is in short supply and markets around the world has also been noticed by mill own, again called us maya. he advocates producing less meat in order to stabilize grain prices and also secure food in poor countries. and the lesson is lot of fear in germany, we use about half of the wheat produced to feed pegs and other livestock to produce meat. but now i can only produce one kilo of meat from 7 kilos of grain. this raises the question of whether it still makes sense to grow so much wheat for meet production of devices, fully flush at so long as long. it'll be

a long time before the next grain harvest in europe and before the warehouses. phillip again the lady em luxury yacht worth around 65000000 euros. it was seized over the weekend on the italian with the to rainy and coast. the owner is alex a mortar shove, one of the richest men in russia and a major shareholder in the german tourism company to e. yachts airplanes, company shares and luxury real estate abroad are consider assets and therefore fall under the sanctions against a country. on the cot, desert is mega, yacht owned by russian billionaire and putting supporter eager section was also prevented from sailing literally at the last minute. it's valued at around 120000000 euros. it's jackie, it was dark to you was about to leave. it was a matter of hours. we really did a check on the people and we managed to stop the ship and keep it. dr. munoz,

the nav. yeah, it belongs to a highly place personality in russia. i know it belongs to, people were being censure, obviously. if it martine enclave is all full. okay, listen, so economy. so sometimes it isn't the sanctions hit to reaches russians, such as putting confidant and entrepreneur, val assure it was man off his luxury yacht. one of the largest in the world worth around 600000000 euros is in a shipyard in the fort of hamburg, and could soon be seized. the u. s. as also imposed sanctions on roseman of and 7 other put in friendly oligarchy. nashik of his include nicolai takara, the head of energy giant, trans left, and billionaire mccarty rodham there. and his brother. there are also visa restrictions on 19 other russian billionaires the f b i is specifically looking for him. he have gaining pre godson, also known as putins cook. he runs

a catering company that serves meals to the kremlin. he said to be one of the founders of the wagner group, a paramilitary unit that recently sent 400 soldiers to try and assassinate ukrainian precedent. zalinski, thank you for watching. ah oh, eco africa. polluted over fish and full of plastic, the ivory coast and re lagoon scientists, india, and due to the arctic villagers are now taking matters into their own hands. with the help of reforestation and recycling projects, they are trying to say they're looking for good next on dw say you want to know what makes with the gym.

love and batting thing, stuff away from that. but i'm not even know how to work my own car and everyone with later holes in every single day getting. are you ready to meet the german can join me right. just do it on d. w. ah ah, with welcome to equal africa. i am sandra 3, nobody over here in compiler. today's jewel is all about one of the world's most valuable resources. what does right, sandra the world health organization, says one, a 3 people did not have access to say drinking water up. well that's not the only thing we're going to be looking at. database.