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tv   Business - News  Deutsche Welle  March 28, 2022 4:45pm-5:00pm CEST

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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 built commercial just 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 ass space. many are still flying domestic routes and less as are losing hope of actually getting them back. russia, transportation ministers, as the criminal will compensate owners for their aircraft, but they reported leave in no negotiation so far because an agreement with breach sanctions. let's get to the bottom of the story by speaking to aviation journalist, andreas spades. thanks for joining us on date of your business. by chance,
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if these letters got of actually getting these planes back, they're actually quite limited to mobile isn't themes? 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 the western russia. they're really worth list for the list goes off and take them back without documentation. that's 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 re register them in russia. is that, is that something they can do? is that legal? yes, it is because bermuda, well, for tax reasons,
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most of the western russian aircraft fleet had been register so far actually dropped them from the register as part of the sanctions. so there was actually a need to re 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 at the moment up to $12000000000.00 us dollars. and so the sort of eslie unable to retrieve them, for example, for hopper, probably very soon anytime soon said might be really considered accept, and why registering a britain? this really is kind of a legal thing. the problem is also the sentence a don't allow any maintenance that lessons can be taken to. yeah. so essentially the planes are going to become unusable and they, if they can't be maintained. so it would appear that russia is heading for a shortage of airplanes. how do they get around that?
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i mean, of course they can fly them for sometimes under mr. blue is 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 route were quite well. so they could use it for some time, lots of cannibalize some of the after the 2nd letter to maintain others with the parts. but that would be my lation of international again. raisins. also, people really say the mental breach this whole thing of the 194040 cow conventional medical is underlying or again since 9443, and how to category here really isn't a well andrea survey, 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
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a ban on russian oil and gas expos, switzerland find itself in a tricky position. here and 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 war, mercury, russ, net, glen, core, and many others are switched based and continue doing business largely unchecked. as popped over the inked and exam on any 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, an autocratic of his yema, didn't, which then divert these funds into their own pockets. they pocket the funds,
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or in the worst case, leave finance wars with them all. al keegan finance young, even though the swiss government is now fully complied with the u. sanctions. raw material trade via the alpine republic has continued. russian gas is being ordered delivered and paid for new cash for pu teens war chest only a complete energy embargo against russia would help indecent soon. in this situation, we believe that an embargo and 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
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a current of ours outbreak is already impacting the global economy. china is the largest importer crude oil in the world. the price is for the fossil fuel of slip to meet concerns that demand will fall after manufacturing was put on hold in shanghai. the price for crude oil dropped more than $5.00 a power point. let's get more on this from craig and he's a senior market analyst at o under. thanks for joining us on the programming. why is this having such a global impact this shut down in shanghai? well, i think if 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 time such tight supply. at this moment in time, there is a real in balance between the amount of oil it's on the market and the amount of demand the rates for oil, which is why we're seeing prices are well above a 100 dollars and something which trades move to a trade in that sense is obviously having an impact, i think,
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or more broadly speaking is what we've also seen the impact that the shut down and china can have it. other areas of the global economy. we've seen, for example, of supply chain disruptions which are generated on the back of the many of these lockdown situation 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? is causing bills to rise. there could be argue that, you know, dropping demand from china is what the world needs i think, oh, i think in the short certainly that yes, especially as regards to these higher oil prices. and i think anything that sees the months that 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,
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the longer term issues that we now have a hand depending on how the rest of this crate crisis in ukraine falls. 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 all the finished products that we buy around the world. as we, as we've seen over the last 18 months. ok. kregger 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 smartphones. and touch brewing giant heineken has announced its pulling out of
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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 the country. now the german government says around a quarter of a 1000000 ukrainians of arrived in the country since the russians invaded many of 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. keen 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 is here for finding job. now, 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
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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. oh, 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 the go for this. oh, the company supports the online job exchange you a talents as do many other companies here. ukrainians who have fled to germany can
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find employment. there are 7000 open positions. ivan and nikita are behind the startup. ukrainians have 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 going to come back because they want to leave the country, they weren't to leave in their homes and they want to support everybody around them . bigger, 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 gonna real 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 lapse. so for me and the business team here in berlin for mo, from us you can course check us out on our website where a d to be dot com slash business. you can also find is on the data we can use you shave channel as well, and the customer will say on facebook and check us out as
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a d w. don't business on that. so next time you talked mm ah, with with, here's the term that everyone has heard by now. m r n a.
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but what exactly is it the messenger for genetic information became famous thanks to the coven. 19. maxine, how does this technology work? what other diseases could m r n a be used to fight against tomorrow today in 30 minutes on d w. o. o, who would people have to say matters to? ah, that's why we listen to their stories reporter every weekend or on d. w. on the green,
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this is the w. news live from berlin, german chancellor. i fell. it says russia will suffer for its invasion to view crane off to talks with the swedish prime minister said russia would pay the heaviest price of any country for its war on you cried the also voiced support for enlarging the you to prevent russian influence. also coming up ukrainian and russian negotiators prepared to meet in turkey. the 1st in per.

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