dot com or follow us on social media. that's instagram and twitter at dw news for all of the latest. and we will keep you posted about everything going on in ukraine as those developers come available. i am william blue croft. thank you very much for joining with seeing live and on demand on gas in language courses with video and audio. any time anywhere. the d w media center ah proved with

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. price is 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 costs $69.00 euros, and was consider expensive at the time. in the meantime, the price as sword 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 impulse 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. dora greener energy sources, o. 3, 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 deutsch desert, discern creek, thousands of people and now dying on this wall. and ultimately, the war is being financed by funds that aren't 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 ongoing mind in knowing that his modem interested deep beneath the town ly salt domes, where the natural gas from russia is 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 fall importance yard of his. i'm long dash day. he's been negotiating with the gas from subsidiary, asteroid and castle for years, so far without any success. asked her when gas gas, cade and other gas from 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. and got the story, i know all 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 data on most 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 ah, we have an appointment with bill brown 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 land team, a pu 10, and was expelled from the country. his left 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. ah, they, they like the rule of law. they like the property rights. and they like the fact that nobody could ask any questions with bill browder, we visit ethan square in the posh bell graveyard 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 shells 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 he needs to be familiar with funding on vessels . what happens right now is that the national plan agency has been under funded for up i generation. so what we need to see now is for the life of me, this is 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. the war bank is approved 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. ah, mattress 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 reached 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 is c b precedent

. christy legard 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. russia's invasion of ukraine is accelerating plants 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 longer weighted milestone. this does not mean that all bureaucratic hurdles have been cleared, but the new factory is nearing its opening. any farmer who still has grain and storage is now turning it into cash. rudolf peters at trader and 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 that custody of i'd seen, depending on the daily fluctuations. wheat currently costs around 450 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. since the recipient countries have to pay 500 years, a tonne gotten it. functionally, ukraine has traditionally been one of the world's largest. we tech spotters 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 of feeling the loss. or 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 it sooner that winter nails starts in this. in this large flower mill, they process around a 1000 tons of we to day. the fact that ukrainian wheat is in short supply and markets around the world has also been noticed by mill own again called his maya. he advocates producing less meat in order to stabilize grain prices and also secure food in poor countries. and i sent his order via 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 meat production will few bites, 30 flesh at so long as of a long. it'll be

a long time before the next grain harvest in europe and to for the warehouses. philip again. the lady em luxury yacht worked around 65000000 euros. it was seized over the weekend on the italian with the to radiant 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 he. yachts airplanes, company shares and luxury real estate abroad are consider assets and therefore fall under the sanctions against a country. on the court desert, this mega yacht owned by russian billionaire and putting supporter eager session 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 this ship and keep it doctor bills of

it belongs to a highly placed personality in russia. i know belongs to people were being censure . obviously, if you 15 o'clock is all full. okay, listen, so economics, so some confusion, the sanctions hit to reaches russians, such as putin confidant and entrepreneur alice shirt was manon. 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, are katie rodder, mary and his brother? there are also visa restrictions on 19 other russian billionaires the f b. i is specifically looking for him. the of canny pre godson, also known as putin's cook, he runs

a catering company that serves meals to the kremlin. he is said to be one of the founders of the wagner group, a paramilitary unit that recently sent $400.00 soldiers to try and assassinate ukrainian precedent. cholenski, thank you for watching. ah be killing yes, 0 waste. a utopian goal for the film industry, on average. we've seen a short chad bates about it and how did he know everything about moving the se activists from bollywood? until rewriting this credit, major props waste separation bins and sustainable materials. 0 waste a future box office, hit eco india connect on d w. and these places in europe are smashing all the records,

stepped into a bold adventure. it's the treasure map for modern globetrotters. discover some of europe's record breaking sites on your mac. you too. and now also in book form with, ah, ah, ah convenience, fast fashion online shopping. the culture of consumption has the entire planet drumming in west. how can be break the cycle of dick make and for me, that's what we're diving in. totally healed on eco india. hello and welcome. i'm son of that on the way to do.