diligence in sending prices surging things as well and in a much anticipated move. the u. s. federal reserve raised interest rates by 25 basis points on wednesday. as the united states seeks to fight off rapidly rising inflation. the move lifts the target rate between a quarter and a half percent. the fit had kept borrowing costs is 0 to help you economy recover flu pandemic. kevin jerome pal says further rate hikes and likely in the near future woke center sorta is following this story. forrest cassandra, there's a lot to keep up with, especially when we take a look at this gage of future hikes that suggests another 6 all this year. yes, it sounds like a while, but they'll be coming at the same time as the already scheduled federal reserve meetings. so we just had the meeting this week, the march meeting this week. the next ones in may and the rest are split up over

the summer fall with the last one in december. and yes, 7 total rate increases. this one in the next 6. that sounds like a lot, but it's estimated that this would bring the rate, the short term rate to between 1.75 and 2 percent. and that's really still on the lower end of the average federal reserve rate over the last 2 decades. so this is completely a shift from the near 0 rates that we've seen in the united states since the start of the coven, 1000 pandemic. but it's a gradual decrease of the heat. and it's one at the fed really hopes will keep the economy simmering without boiling over. what about timing inflation? those are going to be enough to do that. it's hard to say at this point, but that's the hope rate increases are designed to act like a cooling agent. it makes it a little bit more expensive to make a big ticket purchase like buying a sofa for your house or buying some equipment for your business. and it's hoping that this slowing down of these big purchase will help lessen over all demand.

because don't forget, yes, we're in this current, coven, 19 environment. and that's really snarling supply chains, like we've talked about many times. but there are only so many shipping containers to move items around the world right now. there's only so much fuel. so it's hoping with lessened demand that things that these prices won't stick around and hopefully even decrease a little bit. what do you think about this comparison between now and the early 19 eighties when an arab oil embargo by the us really branch it up prices? i understand the feeling right? these prices for all kinds of items, clothing, food, rent. these are really hitting people. i was just talking to a friend the other day. she lives right outside of boston, shorter dinner for her partner, 6 year old kid burritos, typically really budget friendly, right. but she said the bill when she got everything delivered was over $50.00 and she just would not stop going on and on about how hard this was for her just to, to have dinner on the, on the table. so i understand the feeling,

but generally speaking, i don't think we're there yet. when we look at the numbers, inflation at that time peaked at nearly 15 percent. and the fed really tried to slam the brakes on that with a 19 percent in rate rate rate at the time. so the numbers at this point just don't back it up so, so thank you very much for coming it. russia is threatening to expropriate. the assets of foreign firms that have fled its market since the invasion of ukraine, mcdonald's, starbucks, and coca cola are among major brands that have stopped operating in russia. proctor and gamble, ibm, and others have halted exports, that the wall street journal reports russian. prosecutors of threatened firms with arrests and assets ages. president vladimir putin has proposed to point to administrators to run the companies that have shut down production. christy. pleasant joins us from. do you know your business? christy. how would rush actually sees these companies?

right, so what's going on here is many of these companies are partially owned by ford, shareholders and partially on by russian shareholders. so he idea here would be that rush. i would essentially see a company that you just listed that before and you are the majority share. so they would, they would nationalize, take them away from the score and shareholders and basically completely rush for these companies to open up again in russia. and part of the idea here is addressing widespread employment. there is a, quite a strong presence in russia today. i just like people on russia, so this is part of the russian state to show that there is there anything that these companies can actually do?

right, well there are many, many trees, many, many contract laying out what is allowed isn't allowed when a company moves from another country to do business there. so you can imagine that we're using, for example, a bulk production facility in russia. it's very likely that this is going to be with me either by the company or by government or by both in fact. so what is going to happen then once you record it's matter whether this was a law or an awful expropriation? if the courts were to determine that it was awful, then moscow would be ordered to pay damages. and you know, we can maybe get a little bit of an idea of a would be a company that it's market assuming that they are not willing to pay out, then we would be looking for foreign or russian assets abroad,

freezing them with these out. so that's why it's really interesting that for example, a gas infrastructure brought one or 2 potentially teasing these assets out. tell me a bit more about what nationalizing these western companies would actually look like and practice. right. it's a really, really great question and it depends on kind of what sort of company you're looking at. if you can talk, for example, about retailers like a pretty great presence in russia now, russia could, for these companies try to force them to open their doors again. but most of their products, if not all of our exports that are coming in right now. so you would end up with is having their merchandise run out. you wouldn't have any and you wouldn't be able

to pay them back for a more realistic example would be food production. for example, there are many german agriculture companies in russia, for example, it could be seized and turned into russia relative ease. and then another really interesting final exam review is car production. there's been a lot of efforts to get a credit for car makers in russia. you know, worst case scenario where the really drives out 1020 years. we could potentially see rush china to convert those into russian producing cars factories. because a thank you very much for the analysis. great. talking to with russia and ukraine, accounting for around a 3rd of global we'd exports the was leaving import, his desperate to secure the great india, the world's 2nd largest producer was looking to fill the gap, bastere range, and 2nd, most popular country export at 6000000 tons of we could export up to 10000000 this

year through that the indian government says it will provide more road and rail capacity and build new loading points with several port daily corresponded cherokee county k, about the likelihood of india getting that infrastructure in place to meet demand, there are a lot of hurdles in know, in, in, in trying to implement this plan these, these big ambitions that government of india apparently has. now, these include testing up laboratory, setting up an auditory to test the quality of weed according to international standards. this include increasing the number of re wagons that we can be ex, ordered to the board, and then coordinating with the board facility as a producer, little went to, to prioritize weak exports. of the government is yet to announce, formerly whether it is actively doing these or not. but there are reports that the plan has already been set in motion. several new liberties are being set up for testing the quality of wheat and the really the produce water for the tables. we'll

be able to do the homework on their part. so there are reports that this is happening back rushes invasion of ukrainians and just sending oil prices sky high and creating volatility and financial markets. it's also hitting global supply chains that could lead to significant price hikes for just about all products. these cargo pallets are headed for destinations in china, and here at germany's leading cargo airport in frankfort space is running out, for instance, for pharmaceutical goods or machine parts. before russia's invasion of ukraine, 20 cargo plains from russia were lending here every week. but now they are gone and that's a total of 2000 tons of cargo. that needs to be flown in and out. some prices for air freight have now quadrupled. and logistics expert p most tor says that's just the beginning. the army over him in him, and we're also experiencing

a big jump in energy prices, especially crude oil reaching record level. and that of course means that transportation costs will become more expensive to release toya. and that's something stephan. how meyer is also seeing his logistics company has around $250.00 workers. it competes with global giants such as d, h l. all that he has to happen with, even if i book freight today, it doesn't mean freight space becomes immediately available. a lot of shifting, it's sometimes a bit like it up is are where prices are negotiated. tyler and frank spaces renegotiated with the airlines on an ad hoc basis from day to day. when i talk from talk to talk know funded the problem doesn't, then there trucking companies are also affected. many ukrainian drivers have joined the army and that makes some european freight forwarders, unavailable, and routes between western europe and asia that go through russia cannot be used for transporting goods due to the war. due to the traditional

extreme shipping costs are really high. and there's also very little capacity when you come to on top of that, there's the fact that no goods can be moved by the trans siberian railway line would kind of that's because it goes through russian territory. what is to be fuel? folk goods are set to become very expensive. the few freight planes that can transport goods without any restrictions are forced to go around russian aerospace, when they fly between asia and europe. saga miss amazing. the plains have to fly considerably longer roots over there and they need more fuel to do. so that means that logistics companies need to pay more in transportation, cause it, and then pass onto their customers. at the end, prices on supermarket shells will go up and it also means goods deliveries could

become less reliable. right now. cooking oil and electronics from asia are no longer readily available. in some supermarkets, empty shelves could increasingly become common in western europe. i've been for all and thanks for watching for you again sir. ah, ah ah, with

oh, to war volunteer fighter, i'm not to leave. you was an instructor and show me. now he wants to use his skills again in ukraine. and he is not alone. many volunteers are gathering at to finish, to fight for ukraine. focus on europe. in 30 minutes on d, w. o. she listen carefully. don't know how those 2 things you need to do a good deal. the magic

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d. w. lead for mines. ah ah, that's a d, w is life from by laying ukrainian accuses russia bombing affair to mateo. paula was sheltering hundreds of civilians. the number of casualties is note in social media. 14 shows smoke rising from the building satellite changes from a few days before the attack, also show the russian work for children painted on the ground. also on the program . ukrainian president volume is lensky shafter criticizes germany's political class for their failure to address that growing threat posed by vladimir putin.