with a deeper look at the economic impacts of the conflict, i'll be back with more news at the top of the al does get. you can also get in depth round the clock coverage of the war in ukraine on our website and social media channels. i'm rebecca, this is thanks very much for your company. ah ah! please listen carefully. don't know how with to the goal. ah, feel the magic discover the world

around you. subscribe to d w documentary on youtube. a weston firms warned to watch out. reports suggest brush is threatening to seize assets from us and european companies who pull out of the country over its invasion of ukraine will get more from corresponding to new york, japanese i and all of the dozens of american fighter jets is it bokes up. it's armed forces and sanctions are hitting the russian economy hard, but they're also affecting european firms to deal with. russ will hear from want

this is database business, imo boss in berlin. welcome to the program. that is growing concerned. the russian government could seize the assets of western companies that have pulled out of the country. donald starbucks and coca cola are among major brands. we've stopped operating in russia. meanwhile, proctor and gamble, ibm, and others, have halted exports. that will street journal reports that russian prosecutors have threatened with arrests assets, seizures. president putin has also proposed pointing administrators to run companies that shut down production and rush from on this last cross to our financial correspondent in new york, james sweeney. and thanks for joining us, james, can you tell us how serious they, american corporations are taking the threat of assets? seizures. ok, so these reports of russia threatening to seize assets of u. s. companies pulling out of russia are very interesting. and if you're asking if

these threats are being taken seriously, of course they are what company wants to lose their assets. if you want that, that if you want that to happen, then that would make you a bad business person. and the u. s. must take these threats very, very seriously, because they were making similar asset reasons, these threats to russia and russian business owners just last week. and when you're dealing with russia, if you're going to issue them a threat, it's a given now that they're going to threaten back and try to be bigger and louder. last week the u. s. declared that any assets held by the central bank of russia in the u. s. such as gold will be declared and accessible. i'm sure russia central bank took notice of that took it seriously. and even last week, when president joe biden threatened russia's business, the lead by saying that we're going to come and get your ill be gotten gains during the state of the union address. i'm pretty sure rush and business owners and the government took that seriously. and then we have rushes response, the back and forth continues. yes, so all the likes of mcdonalds, coca cola, starbucks expecting the russian government to react to that pulling out of the country. these companies that are still in russia,

the must expect retaliation when it comes to russia. these last 2 weeks. one thing we've learned is that their actions are hard to predict and well, it is, isn't it better to be safe than, sorry. and these are in some small mom and pop shops, or some guy renting, trying to sneak out and disappear overnight from a landlord after not paying rent. these are multimillion dollar american companies doing business in russia. and what's the rule when you reside on their soil? you play by their rules and their customs, even as it changes what have been knock on effects for the american firms that have been pulling out to russia though other than any threat. so they might be from the russian government. what impact is it having on them anyway? well, when these companies leave russia in the 1st place, you're going to lose a large market of consumers. some of them are pretty wealthy, as we bred the past 2 weeks. you also may lose the trust of some of the russian people who don't know why you an american company is pulling out over an event that they are not directly responsible for. you also can lose access to key markets. key demographics, key food in grain suppliers, energy suppliers,

and you're also in danger of throwing away the decades of hard work and community building that made you a recognizable name in that country when the doors were built in back in the 1990, such as mcdonalds, the fruits of all that work and dedication may soon be gone for good, and that's, that's pretty much a loss for every party involved. id, james sweeney in new york. stay on top of that for us. thank you very much. thank you. next germany is planning to buy up to $35.00 f, $35.00 fighter jets from the united states. berlin is planning a 100000000000 euros, is spending in its response to russia's invasion of ukraine. some of its allies think it's about time to now. traditionally, larger nations have spent more on defense than germany in 2020 the us let the world with the military spent $778000000000.00. china spent just over 250000000000, and germany spent only a 5th of what china spent. now, that year russia had a military budget of $62000000000.00. that's incidentally 10 times what ukraine

spent, but it's also represents a greater share of the russian economy than us and chinese spending. switch companies are the biggest players when it comes to defense. well, us company lockheed martin, which makes the f 35 leaves the way with cells of 66000000000. but as you can see here is followed closely by your service and 2 more american companies, raytheon technologies and boeing. now the stock home international piece research institute trax military expenditures and we've been hearing from its senior researcher lucy barbosa to drop the european countries had been already increasing their meter expenditure for the past few years. picture since 2014 in russia's annexation of crimea, but destroyed is actually accelerating. so there were increases that had been announced, but now their increase on top of increases, so to speak. so companies that say france like sweden or prudent were already

saying they were going to increase the richer expenditure, but obviously they're gonna increase even more. so we're going to see europe as one of the read the key regions driving which is spending for the coming years. well, let's take a look at some of the other business stories making news around the world. these g d p won't grow by 4 percent. this year previously predicted, according to the european commission, but while russia's invasion of ukraine may weigh on the blocks economy, the resulting higher energy and raw material prices aren't expected to completely de rail. it's recovery from the content. ellen musk says is companies tesla and space x are facing significant pressure from inflation. rushes war in ukraine has pushed commodity prices to the highest levels in 5 years. tesla has reactive by raising prices for several car models by $1000.00. the media says it's suspending certification of russian planes. licensed in the british overseas

territory is due to sanctions on moscow. the prohibit necessary maintenance work on the plains, the measure is likely impacting hundreds of russian commercial aircraft. more than $700.00 of which are licensed in bermuda. more than a 1000 airport security work is in germany, went on strike on monday, leading to the cancellation of hundreds of flights they're calling for better pay and working conditions. on tuesday, thousands more travelers are expected to be stranded when the strike expands to germany's biggest and busiest effort frank. now western sanctions are hitting rushes. economy hard, but they're also having major knock on effects for companies across europe, particularly those who deal regularly with the russians. we visited one firm, why revenues? and due to 4 by 3rd the workers here still had their hands full with orders from the u. s. and middle east,

but the loss of that contract from russia is a painful blow, the mack to based them. and i am at least an indian alongside the economic problems. i of course, worry not just as a business manager, but also as a father about what the future will look like. words from the photos own versus the visit is who controls the relationships with his russian customers were longstanding and friendly. but that's not much used to him. now. his firm is no longer allowed to deliver its products to russia, as they are used in the petrochemical industry of wooden wooden organum photographers. you would look the van through and essentially this product is affected by the sanctions because as needed for oil refinery in the so i can't ex, caught them to russia anymore. that will cost me about 30 percent of my revenue was like 40 on was a move here. otherwise it would say minus lenses and was always modern. the

e u has imposed a ban on this kind of technology in an effort to hamper russia's military capacity . what this means for the employees here is not yet clear. it might be necessary to cut working hours as recover doesn't, will agree, as well as employees were not that pleased about it because a lot of our products are to live to russia. it's our jobs were talking about, and of course we want to keep them going to buy it really is the difficult time more difficult than corona definitely mathias e lo may have to close his russian office. but it's not the only problem. raw materials are getting harder to come. bye. gasoline boys bowen's work. he said yesterday i was at our plant. and for me, prices for carbon steel rose 30 percent overnight for him to meet on guest on. so we're dog wise equal to including the firm has $27.00 employees, including 3 from ukraine, but only the german ones are prepared to appear on camera and speak about the war

in ukraine. have you not used us e, we hate that the situation comes down and piece is secured. that's the most important thing. the boss doesn't think the sanctions will hit russia where it hurts. he expects his chinese competitors to fill the supply gaps. now the ukranian ports of a desa has long been a crucial crossing point for goods traveling both to and from russia. for example, it's a case of the goods bound for russia from ukraine's neighbor moldova. but the conflict means that the mold ovens and now cut off from them most important trade route. apples upon apples, the farm used to export about 90 percent of them to russia, mostly through the ukrainian port of odessa. only 60 kilometers away. that route is now closed due to rushes attack on ukraine. life has changed dramatically for moldova as a result of the war. and one of my most shipper in this area we produce mostly

apples, grapes and green sheets for lucy chicken. yet the conflict in ukraine has a big impact on our exports by odessa or by road to the russian federation for bottom line, especially apples and grapes. my deposit to pick all kind of mighty cam this. now this is impossible. alt open and figure out arrows my little i'm you and we're looking for alternative ways to export. will mike such as through romania, c o m k, d explore in romania. but the nearest port in romania is not 60, but over 400 kilometers away. other trade relationships, for example, with germany are still in their infancy because moldova lives directly on the border with ukraine. more and more refugees are arriving. the country has already taken in over 300000. among the 8 being distributed are the apples that can no longer be delivered to russia due to the war. and that's all from me and the

business team here in berlin. if you do more from us, you can of course, head over to our website, t t o v dot com slash business. you can also find us on the d. dewitt news d. w. news. youtube channel actually should check our ass series business beyond the license of which ask the question, do sanctions work? we're also on facebook. it goes as detail you dumped business as well to next time . taking a look at what device and what to connect. in the fight for peace and freedom. the warren's ukraine changed everything. life and making art. we ask pill effective can always be in these times up arts 21. next d w. a pulse with the

beginning of a story that moves us and takes us along for the ride. it's all about the perspective. culture information, this is dw and d, w made for mines. oh and you know, is increasing every year in many gonna watching on lunch. so anyway, fairly holiday destinations and drowning in plastic white wine and take a look at the causal every year europe exports over $1000000.00 tons of plastic with. is there

another way? after all, the environment isn't recyclable? make up your own mind. d. w. made for mines ah, ah, my heart goes out to sleep with people with ukraine and it's, it's heartbreaking. mm hm. you know, not all russians are potent ah, he's a guy to solidarity coming from all over the world, helps get through this.