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ah ah. deadline day for rushes, airlines contracts for the foreign leased plains or old you to be cancelled. but the firms who owned them have little hope of getting that jets back over ice as slip as shanghai goes into lockdown willis, assess the impact of opposing output from china's financial hub and ukrainians escaping war, leaving their homes and jobs behind. we'll look at a service, helping them start new careers in gemini. this is the to we business on robots in

berlin. welcome to the program. now monday is the final call for russian airlines to hand back. hundreds of commercial aircraft to the foreign owners. a sanctions mean that leasing companies have had to cancel their contracts to supply russian carriers with plains now least planes make up the majority of the western bill commercial jest, used by russian airlines. there are more than $500.00 of them with a combined total of some $10000000000.00 a while these planes have been unable to fly outside of russia because of sanctions banning them from european s space. many are still flying domestic routes and less as are losing hope of actually getting them back. russia's transportation ministers as the kremlin will compensate owners for their aircraft, but they've reportedly been no negotiation so far because any agreement with breach sanctions. well, let's get to the bottom of the story by speaking to aviation journalist, andreas spades. thanks for joining us on d. w. business. by chance,

if these letters got of actually getting these planes back, they're actually quite limited. the moment is, it seems an interesting b. one has to know that just physically reclaiming the aircraft themselves, doesn't really solve the whole problem. because if they stay on in russia for some time, know, or maybe headed over some period of time from now, they might be worthless. and the reason is that craft maintenance records absolutely decides if for any aircraft less or is don't know what has been done to the aircraft or start in russia. they're really worth list for the list goes off and take them back without documentation. that is a very major point to observe here. one of the things that the russian governments done to try and get around this is to recertify the jets or reregister them in russia. is that, is that something they can do? is that legal? yes, it is because bermuda, well, for tax reasons,

most of the western russian aircraft fleet hadn't register so far actually dropped them from the register as part of the sanctions. so there was actually a need to register them and but still experts call this the biggest fest in history . be awesome. even estimate the was of the $523.00 aircraft. we are talking about the moment up to $12000000000.00 us dollars. and so the sort of eslie unable to retrieve them, for example, for hope, for probably very soon anytime soon said might be really considered accept. and why registering on britain this room? this is kind of a legal thing. the problem is also the sentence don't allow any maintenance lessons can be taken. yeah, so essentially the planes are going to get to become unusable and they, if they can't be maintained, so it would appear, the russia is heading for a shortage of airplanes. how do they get around that?

i mean, of course they can fly them for sometimes under mr. blue with a huge country with the big domestic market. it wasn't even penny doing fairly well before like before, probably already with it within the pandemic. and even before the war started, the russian domestic crowd work quite well. so they could use it for some time, they got to cannibalize some of the after stack and had to maintain others with the parts. but that would be lethal of international engagement informations. also, people really say the front of mental breach, the whole thing of the 194040 cow conventional medical is underlying and again, since 9443, and how to change over here, really as isn't it? well, andrea said, thanks for trying to guide us through that territory. thank you. out switzerland has long been a hub for trading russian raw materials, but the swiss recently set aside the usual neutrality to join the e u in sanctioning russia. however, with talk in european capitals of

a ban on russian oil and gas expos, switzerland find itself in a tricky position. here now, even in neutral switzerland, there are regular demonstrations against the war. like here in geneva, at the headquarters of the united nations. the focus is on the oil and gas trade, which is still taking place and filling putin's war chest up to 80 percent of russia's raw materials are traded in switzerland. companies such as good for mercury, russ, net, glen core, and many others are switched based and continue doing business largely unchecked. as puffed, only inked and had a gum. aline, trading really needs to be regulated tons, parents, and there needs to be transparency when it comes to commodity traders payments to governments out especially to autocratic james on out to clarity of his yema didn't, which then divert these funds into their own pockets the pocket, the funds,

or in the worst case, leave finance wars with them for our key get financing. even though the swiss government is now fully complied with the you. sanctions, raw material trade via the alpine republic has continued. russian gas is being ordered delivered and paid for new cash for putins war chest only a complete energy embargo against russia would help indecent to soon. in this situation, we believe that an embargo on russian oil and gas must be discussed internationally and supported by switzerland, guitar, in viet the energy embargo against russia that these demonstrators are seeking, is possible. it would mean in future that switzerland has more control over its commodity trade and could avoid indirectly financing wars. next, a 9 day lockdown or shanghai due to

a current of ours outbreak is already impacting the global economy. china is the largest in photo crude oil in the world. the prices for the fossil fuel of slip to mit concerns that demand will fall after manufacturing was put on hold in shanghai . the price for crude oil dropped more than $5.00 a barrel at one point. let's get more on this from craig, and he's a senior market analyst at o one to thanks for joining us on the programming. why is this? having such a global impact? this shut down in shanghai, although i think you've already alluded to, china is the largest import for crude oil. so anything that potentially impacts that is going to have an impact on the price, especially the times which tight supply. at this moment in time, there is a real in balance between the amount of oil it's on the market in the amount of demand, the rates for the oil, which is why we're seeing prices are well above a $100.00 and something which trade move to a trade in that sense is obviously having an impact, i think,

or more broadly speaking as well. we've also seen the impact that the shut down and trying to can have it other areas of the global economy. we've seen, for example, of supply changes options which are generated on the back of the many of these locked down which you should around the world. in particular with china and shanghai is so important to the country as well. such a busy economic zone that this is obviously, naturally leading to some temporary, at least the money imbalances. yes. how can i help with their supply chain issues at all? is it better global oil prices that have been climbing recently? it's causing problems. it's causing bills to rise. so could it be argued that, you know, dropping demand from china is what the world needs i think, oh, i think in the short certainly that yes, especially with regards to these higher oil prices. and i think anything that sees the months out of the drop around the world really is not just china, but around the world. i will alternately bring the price down and make things more affordable, especially the short term given the given the,

the longer term issues that we now have at hand, depending on how the rest of this crate crisis in ukraine unfolds. but ultimately, there is a very short term solution, just talking about chinese demand because with a drop in chinese demand comes a drop in production and dropping production crates for the supply chain disruptions. she kind of giving with one hand and taking with the other prices drop in terms of oil, but then the percentage rise in terms of the commodities and other finished products that we buy around the world. as we, as we've seen over the last 18 months. ok, krager them from our under thanks a lot for bringing us up to date on that. thank you. to some other news now. chinese tech giant wire way has reported its 1st annual revenue decline for 2021 and nearly 30 percent drop from the previous year. us sanctions against the company have hurt its ability to source important components like the semiconductors needed for its smart phones. and dutch brewing giant heineken has announced its pulling

out of the russian market that had already halted new investments and exports russia earlier this month. the heineken says it expects to take a 400000000 euro hit from exiting country. now the german government says around a quarter of a 1000000 ukrainians have arrived in the country since the russians invaded many. if those seeking safety in germany have left their careers behind as well as their homes. but a new jobs exchange is helping to match up skilled ukrainians with companies, kin to take them on. natalia sport was driven out of her homeland by the war. her husband stating, keep to fight. she doesn't want to complain about her situation. she wants to be a role model for her 2 sons. the online marketing expert is looking for work while she's here for finding a job. because when i a seat home, i only seen kick and bout ukraine. it is very difficult for me. it is very

difficult for my children. i think when i go to the job, i can know a little a give me a stronger keith, the ukranian capital before the war. a booming tack metropolis with around 200000 software developers. the berlin based online retailer, otto doc, has its i t department here over 1000 employees, a video conference, the company got their people out of the crisis zones in november. many were set up in hotels along the border. why are ukrainian tech specialists in such demand? if you will loiter her formed, else could we find young people excellent, educated people, very hard working, very hungry to achieve something. and it's not just like that, keith, it's also in car, keith, which is now under fire. that's a city with lots of well educated people. the same goes for odessa was like legal for the so the company supports the online job exchange you a talents as do many other companies here. ukrainians who have fled to germany can

find employment. there are 7000 open positions. ivan and nikita are behind the startup ukrainians who've been living in berlin for a long time in the long run if we can make a lot of ukrainians work for european companies. and a lot of them are gonna come back because they want to leave the country, they weren't to live in the homes and they want to support everybody around them. they go, they're gonna come back, they're going to bring those connections. and the integration is just going to happen naturally. they're going to bring the culture, they're going to brill ring the processes. the refugee crisis to day is different from 2015. many more refugees are expected, especially women and children. and on like 7 years ago, adult ukrainians will soon get work permits elapse. so for me and the business team here in berlin for mo, from us you can course check it out on our website where a d, w dot com slash business. you can also find on the data in use you shave channel as

well, and the customer also on facebook. check us out as a d. w. don't business on that go next time. you take a tony's of dispassion with natalia and dema. they were ruled when the war broke out. now they want to return to ukraine to their children. with maria and her grandchildren from odessa, difficult to escape by foot and h hiking ukrainians. please putin troops to an uncertain future. close up. next on dw,

we've got some hot tips for your bucket list. ah romantic corner chat hot spot for food, chair and some great cultural memorials to boot d w, travel off we go ah ah, hundreds of thousands of ukrainians are flaying the war into neighboring countries to the west. including romania, a handful of others are heading in the opposite direction. natalia and dema were on holiday when russia invaded ukraine. their returning to be with their children in khaki if a city under brutal attack back home that they will find themselves in a.