emigrated to the united states as a child in 1948, her family sad. she died after a battle with cancer and watching dw news. here's a recap of our main story. russia is continuing its efforts to occupy the key ukrainian port of mary, a pool of bombs striking and industrial compound. president vladimir lansky says 100000 residents, remain trapped in the city. dw news, i'm abby floss and stick around for full business update with my colleague rob watts, thanks for being with us. for her, i'm just kinda, i think that's hard and in the end is a me, you are not a lot of to you anymore. we will send you back her are you familiar with this with the smudges reliance of a what's your story. ready of he wasn't,

i was women, especially of victims of violence, seen a lot of them take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information ah ah, voicing the west to pay with roubles, president vladimir putin says countries that are sanctioned russia, ukraine, but have to use the russian currency to buy gas. but germany says, no chaps. prostrate bonuses left to their highest level since 2006 last year, but laska corresponding to new york. why? and long lines at the petro pumps in cuba surging global oil prices compound. the

problems caused by decades of us sanctions assist business on reports in berlin. welcome to the program. for me, putin says the west will have to pay for russian gas with rubles in future. rushes currency has plummeted in value as a result of international sanctions. in a video conference ad by russian state broadcast as fruit in set blacklisted countries would no longer be able to find natural gas with your razor dollars. that includes nations of impose sanctions on russia since it's invasion of ukraine, including the u. s. the u. k. japan and e u. member states. germany is quoted, a breach of contract is the russian president justified to move them no more than western countries have taken illegitimate. decisions on the so called freezing of russian, i think we might get this collective west is actually drawn a line under the reliability of its currency so that you've already spoken about

this across the trust in these currency to hear it or to get more on this i've been speaking to macau critique in his found and the leading analyst at ris energy. moscow, he was speaking to us from the law in capital rieger, and the signal wasn't great. but what he has to say is very interesting. so his, his take on what president putin is actually thinking well, basically i believe it's just about, yeah, it's sort of some sort of a rhetoric addressed to domestic audience. there are some presidents, one still solemn pay $3.00 or 2 in just declarations. and you said that the sales for foreign currency is her book, or have this group disgraced themselves a bit towards me. and so to read something that cannot, should be put into practice. i mean, we already heard from germany saying that it represents

a breach of contract saying what you make of it. is it practicable? i don't think this practicable and we already here, but not only germany, but italy and austria have already declared that they will continue to deal with gas from, according to the existing contracts, which means that their payment will be made in the euro or dollar. so i why, why is person feeling like he has to do something like this, if he sensing that sanctions against russia's energy factor could be on the way, is easy going on the offensive. i just guess maybe he thinks that the clients are guess we'll have to deal with the banks which are currently under the sanctions. i mean, the rest of the banks and they will bring her currency to the rest of the banks and

get roubles in exchange, and then use their robles to buy a natural gas. and they will be very complicated scheme and an effect that will be co arctic. it will create, tell us on the, on the gas market. and it will be very hard to understand that, well, what is the actual price of the russian? yes, at any given moment, it will be impossible to compare this price with the price elsewhere on the in the restroom. and so i believe that it does not practical at all. okay, because critique and from rest energy. moscow. thank you for joining us. some of the business now in battle, its chinese real estate developer ever grand's financial crisis continues to deepen . the company has just reveal the lenders have seized $2000000000.00 worth of deposits from. one of its subsidiaries have

a grand also says it won't be able to fall his 2021 annual results on time trading . and the company shares has been halted since monday. chinese real estate developers are having a fire sale to bring some desperately needed liquidity back to their balance sheets . that's according to chinese media and at the forefront is ever grid. the property developer with the highest mountain of debt worldwide. ever grand is over $300000000000.00 in the red. and it's not the only chinese real estate developer sinking in debt. china for to lend development vanka kaiser, she mo fantasia holdings. the list is long, investor worries are growing about china's property market. and economist warn if ever green goes down, it could take other companies with it. and that could cause the chinese people to lose their faith in real estate as an investment product. until now, private investors have put up to 3 quarters of their savings and apartments and

houses and that's responsible for around a 3rd of china's current g, d p. which is why economists say if the sector falters, it could in china, into a recession to the us. now wall street bonuses hit their highest level since 2006 last year the new york state comptroller says the average power for securities work as was just over a quarter of a $1000000.00 that represents a 20 percent leap from the previous year. and is above what have been forecast the comptroller. call it welcome news. let's get more this from our wall street correspondent ends quarter. yeah. ends wire. the bonus is particularly big for 2021. well, i mean wall street fired on all cylinders in the last year. if you look what happened to mergers and acquisitions, what happened to i p o is what happened to trading?

the treasury's or a bonds or stock? so for example, here and at the new york stock exchange, so business was really good and that on the same time we did not really the hiring 300 wall street. that during the pandemic communing records revenue and profit for banks, but basically the same amount of employees. so therefore, if you had this huge pay day for the year 2021, i'm here in new york in a big bonus as seen as a good thing because they're kind of unpopular on there have been since the 2008 recession, how do they go down on wall street. well, that really depends whom you ask. i mean, in the public, i hate clearly. i mean all those bonus, especially after the financial crisis, might be a bit of a soccer, but you're on wall street itself for bonus. those were always actually something people like to get didn't forget that we also fight for talent. if you are in the

banking industry, more and more, a jobs are coming from the i t area and there is real competition from silicon valley and the like. so if you want to get the best talents you also have to pay them accordingly. i mean that been some complain, especially with younger bankers that you have 8100 working hours per a week. and so if you want to keep those people on board, you have to pay them daily. so that also probably is another reason. as i said here on wall street bonuses were always something that people like to get an extra quarter 1000000 would be nice. wouldn't let him go to in new york's thank you. now let's look at some of the other business stories that are making use around the world. ukrainian president vladimir landscape called on french companies, including comic reno, supermarket chain osha and the retailer low was not allowed to leave russia. he

made his play during an address to the french parliament to drum up support ukraine . german called like a, b, m. w was temporarily idle production at all its plan in the northeast in chinese city of shan yang. due to convert into virus control measures, the company hasn't set a date to resume out or chinese government is deploying a strict. so go to 0. covet policy to smother outbreaks. u. s. is dropped, import tires from most british steel as it continues to unwind trump era duties. the u. k. will now have a duty free import quote of $500000.00 tons of the metal and return london will drop retaliatory terrace on us whiskey and motors. i can see him as around the world struggling with rising energy costs in the same goes in that most unique of economies, cuba, fuel shortages have been common there as a result of us sanctions, but falling deliveries from venezuela and soaring global oil prices all making

filling up even more difficult. a last push to the petrol station. a more common side in recent years, lines snaked around gas stations in havana, following the announcement of new fuel rations. not every one made in time. the government blames local distribution, but he was fuel problems run deeper. it's refineries are under performing. it's oil rich ally, venezuela is having production problems. buying on the open market is meanwhile becoming more difficult with soaring prices. cuba has little hard cash on hand on. i'm pretty mad i about this is not the 1st time. it's already happened that petro has run out before we have to wait in line like this. we lose almost the whole day to it. we had the got the indian there on cuba is stuck in an economic funk brought on by sanctions and made worse by the pandemic. on tuesday, international aid organization,

oxfam announced it's departure from the island nation harper residing financial problems. it's just the latest challenge for an island economy. that's all but running on empty. our reminder, our top stories this, our now president vladimir putin says russia will demand that as he put it unfriendly countries pay for russian natural gas exports only in rebels from now on the restriction would apply to countries that imposed sanctions. russia, germany says it constitutes a breach of contract. most re bonuses hit the highest level since 2006 last year, the new york state control us as the average power for securities work, is just over a quarter of a $1000000.00 that represents a 20 percent leap from the previous year and is above have been forecast that's all for me and the business team here in, but if you do want more from us head over to our website, d dot com slash business,

you can also find us on the d to we use youtube channel. well, with tech out asked series business beyond the latest which is about whether or not sanctions work you can also find as it goes on facebook as t w dot business about until next time. ah to the point and strong opinions. so your position is international perspectives. no and insight to proteins or in ukraine civilian casualties. mount nato is doing all he can to avoid being drawn into the fighting. you members are divided over how far to go on to the point where asking who can help you crane men to

a point delivered to ukraine on clone d. w. poland, a ukraine gold wheat. but the war has halted. production, large swabs of land are no longer being foreign power. the shortage is impacting buyers and supplies to the world's poorest nations. the war and we made in germany in 60 minutes on d. w with we're all good to go beyond the obvious as we take on the world. 8 hours, i do all the fans,

we're all about the stories that matter to you. whatever you take by police, my phone with you, we are your is actually on fire. made for mines as proteins war on ukraine continues. there is no end to the bombing, nor the blood shed as civilian casualties. mout, europeans look out in frustration at the western inability to help the fighting nato is doing all it can to avoid being drawn in the you members there divided over how far to go with weapons deliveries and sanctions. today we ask, as nato weighs, its options. co can help you trained with.