and with german lawmakers left to digest an inconvenient truce here will change the w news. doc film is up next and it looks at the aftermath of the iraq war. and don't forget, you can stay up to date on all the latest news on our website, t, w dot com, or you can follow us on our social media accounts. i'll be back at the top of the next hour for me and a team here bring in, take care, see that they've had no peace for for decades. the people of iraq country is devastated and there's no end to violence. how did it come to this group? this is revealed an unprecedented story. he

behaved exactly like, says dermis and the poison spread from their own misery, misery, nor life. the great documentary series iraq destruction of a nation this week on d. w. ah, there's putin's war in ukraine continues, the knock on effects rippling across the world. businesses are struggling to get goods between europe and asia. even supply chains inside europe are affected, threatening livelihoods, driving up prices. everyday goods and rising prices are also affecting argent times inflation, debt and stagnant wages increasing the pressure of some to leave better opportunities elsewhere. also coming up james bond now, what amazon that sells the retailers video,

snaps of movie studio and gm. the deal was 8 and a half $1000000000.00. i'm daniel winter and you're watching dw business. thanks for joining us. rushes invasion of ukraine isn't just sending oil prices sky high and creating volatility on financial markets. it's also hitting global supply chains that could lead to significant price hikes for just about everything. 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 rushes, 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 blown in and out. some prices for air freight have now quadrupled and logistics expert, p mosh 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 and become more expensive toys. and that's something stephan. how my or is also seeing his logistics company has around 250 workers. it competes with global giants such as d h l, that he has a fucking 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 a bizarre where prices are negotiated and frank spaces renegotiated with the airlines on an ad hoc basis from day to day. often when i talk from talk to talk know, founded the problem doesn't. and there trucking companies are also affected. many ukrainian drivers have joined the army, and that makes some european freight forwarder is unavailable,

and routes between western europe and asia that go through russia cannot be used for transporting goods due to the war that through continent traditional extreme shipping costs direct, greenly high, often, and there's also very little capacity. we have content 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 to be feeling. bulk 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 ms. moving this plane, have to fly considerably longer roots over there and they need more fuel to do. so . that means that the companies need to pay more in transportation cause it again pass on to 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. let's take a look at other stories making news today. the european union will increased harris on stainless steel products from indonesia, from indonesia and india, after an investigation found that they benefited from unfair subsidies, including some from china under its belt and road investment program. japanese chip maker renee says electronics is temporarily halted production at 3 semiconductor plants. that's following a powerful earthquake in ne japan. the company supplies chips to car companies around the world. they're already curbing output because of chip shortages. british p and o fairies has sparked outrage after sacking $800.00 staff with plans to replace

them a cheaper agency workers. some refuse to leave their ships and protest and were forcibly removed. piano says it was a tough decision, but it would not be a viable business without the changes. the company lost almost a $120000000.00 euros last year. now amazon wants to deliver some movie magic to its customers. the e commerce giant has closed the deal for its $8500000000.00 acquisition of m g m. one of the oldest hollywood studios, and the owner of the james bond franchise. amazon will now get access to m. gm's library with more than $4000.00 movies and $17000.00 episodes of tv content that will allow the tech giant to compete against streaming rivals, such as netflix and disney plus and jonas now, as scott rock's brody w's culture reporter who's been looking into all of this forest scott, what is amazon getting for it's money?

well, i mean, you, you list of that there. i mean, the getting a lot of movies, more than 4000 titles. james bond films of course, but also the rocky franchise, the pink panther movies and, and thousands and thousands of hours of television including hit series like fargo and handmade sale. but more importantly, i think for amazon is the underlying i p, the intellectual property that comes with those films and series the which gives amazon the ability to take those stories, those original stories and remake them repackage and spin them off into new series into new films. and so forth, that's a huge library of content that amazon can sort of mine over over the next decades, really for, for it's a video service. why don't i do amazon down here, but you don't often talk about amazon prime video in the same breath as disney plus and netflix. so how important is this acquisition fountain? so yeah, i mean, i'm technically, i think this is the 2nd largest acquisition amazon is ever done, but on, on,

in terms of the money itself it's, it's peanuts for amazon, a point, 5000000000. the got a mark cap of something like 1.5 trillion. i mean, jeff bezos probably is 8500000000 and a sofa cushions at home. this is not a big deal for amazon when it comes to the money, but it really shows that they're serious about competing in the film space with disney, with netflix, i agree with most analysts who think that they overpaid for m g m that it wasn't worth a point 5000000000, but i believe that sort of money on the table. amazon is saying we want to make big movies. we want to be a real studio up till now. amazon's only really dabbled in the film industry. they've made so small movies like manchester, by the sea of, with this kind of deal buying a film studio, even the smallest film studio with m g m. they're really showing. they're willing to put their amazing financial power behind the film industry and try to compete toto with the likes of disney or, or netflix worldwide. now, this deal has been a while in the making. there's been all kinds of back and forth. will it get approval or not? is this deal finally 100 percent done and in the back?

well not 100 percent of the f t. c. the regulatory bought in the u. s. that can block these type of mergers had 30 days to either oppose it or block it. they didn't. that was a surprise to many because the t c head lean, a con is a vocal opponent or as a vocal critic, i should say of, of amazon. i'm at the moment, this is a weird position because it's board which has 5 members is, is sort of deadlock. it's got 2 democrats and republicans and one a seat that hasn't been filled yet. and they've been trying to fill it since october. so to block or oppose this deal, they would need to have a majority vote on that board that can't yet yet happen. so, so far it looks like the deals going ahead theoretically, when that seats build, there could be an objection filed and they could try to block it after it's gone through. i just think it might be a very challenging thing to do, just because it's difficult to argue. i think at least that amazon acquiring m g m

really changes the game in the film industry. i mean, we saw a few years ago, a much, much bigger deal. when disney swallowed a fox studios, which was where simplex and $71000000000.00. that bill wasn't blocked and a went through. and this deal of the m g m deal with amazon is a much smaller one, but we'll see this isn't quite finally a done deal yet. right. well, la, we'll have looked behind the big sofa cushions there at amazon and see what we can find. i guess it must be pretty big sofas. let's go rocks for thank you very much for your analysis on that. that was very insightful. thank you. argentina is still struggling under its massive debts and rising prices. one of the clearest symptoms is in the price of food. for some the situation is so bad considering leaving the country mathias ebert has this report. oh, pardon, tenens, are increasingly paying more for vegetables at the markets. and when the sayers prices are rising every day last year, the inflation rate was at

a staggering 50 percent. no more than oh wait is hardly risen in years. but food is becoming more expensive every day. hub in simple of eta is also concerned. he works in a factory, but can barely scrape a living on his income. though, so it us, i work 12 hours a day. my salary isn't enough. my guns or i can go on like this. on a me, isn't an economic crisis with a bloated bureaucracy, low productivity, and a mountain of debt that is constantly growing. man, the merit will misty low. yes, i just want to live a half decent life. but how can that happen? if half my income goes to rent them big share my lamp elsewhere though, that's why fabia wants to emigrate to northern spain, where he already has contact me for that i will probably, i know where mios vivian though i have friends, their values and,

and some of them are academics, i'm just a moment. they are doing much better. they're gone deep to los i am, he course in a few months. bob in wants to leave argentina, at least for some years. but a cell number life in argentina is stressing me answer. i want to leave it behind me alone. i'm still young and already for new things about what i said. he woke up with 3 eyes. market traders are also feeling the pain. while the country is known as the land of kado, argentinians are eating less, meet him there, people stop by on me, look at it and go on without buying any thing. they're eating less meat, the roman many argentinians are frustrated. they can see an end to the ongoing economic crisis. and you're up to date with d w business. if you want more,

you can check out our website detail be dot com. you can also find us on youtube and facebook as well. on daniel winter in berlin from me and the business team, thank you very much for watching. catching against putin's wall ukraine is also shaking up the world economy. the heavy sanctions are not only putting russia under pressure. europe wants to free itself from empty the tendency. china seas, or it's conceivable kits. and in the poorest countries, new families are in a business, especially the next on d, w, a, the destruction of a nation. iraq,

tanya, was, it was the beginning of a new hope in the hunt for the dictator. i went to war under less credible circumstances, myself and i have regret the 3rd part of our series in 45 minutes, w. o. a man with the memories of a woman. ali from syria is born in a female body, forced into marriage, great to his escape will be the journey of his life. far from home, ali can finally become the person he's always wanted to be. i won't be spared badly

. oh, in battery credit, and we'll go through with it. i was born in stuart's march 30th on d. w. ah, can russia still pay its debts with the sanctions freezing its access to capital? moscow faces the real prospect of defaulting on its loans for the 1st time in more than 20 years. also on the show, the war in ukraine is hitting yemen. hard to soaring grain prices, making the country's famine even worse. and as millions of refugees for ukraine its neighbors step in to help, we see what companies pay down small.