in northern syria insights into the isolated world of radical islamists film about family, faith, masculinity of fathers and sons starts april 16th on d, w. m. face of did other nearest asia coming up today. she lunk as dire economic situation in focus. shortages of his income daily items have history, lumpkins hod. the government is running out of cash to pay for expensive imports from this could just be the tip of the iceberg. but how did things get so bad? and it's a similar situation in bangladesh as well. though not for the same reasons, i look at what the government is doing to offset price rises caused by the ukraine war

i'm british manager. welcome to d. w. a news asia ledger could join us. she, lunk on wednesday began imposing 10 odd nation by pockets adding to the ongoing misery of food and fuel shortages. the country impulse most essential items that it currently doesn't have enough foreign exchange reserves to pay for them. this has seen sri lankan skewing for almost everything, including courtesy, petrol, and food, and alyssa, blaming a combination of factors for the situation, including who are economic policies, crippling foreign debt, and the immediate impact of the colonel nevada's pandemic. we'll talk about all that in detail in a bit. but 1st let's yeah, what tree lumpkins are saying. i've been standing here for 5 hours. i haven't eaten since morning. i feel dizzy, and it's hot. but what can we do? it's so hard. my people are dying in cues for petro gas for kerosene. 3 people

fainted right here. not a month for that. we're also humans. don't have politicians have any shame. but if you're incapable of handling something, you shouldn't take responsibility in the 1st place. and what about it and mismanagement from the government is one part of the problem. another it's called on about us pandemic travel bands meant a tourist, couldn't travel, and a slump in the global economy meant people didn't have money to spend on tourism. bad news for sure. lanka, where the tourism sector is the 3rd largest foreign exchange ana, which is why lately the government has been trying to promote tourism. even if it means tourists have easy access to what she long comes themselves don't. here at a resort near sri lanka, capital colombo, the world, still themes in order. the hotel where mohammed below works as well kept and there are hardly any power outages tourist here. virtually unaware of the island nation's

extreme economic crisis up he had to let hudson that i was so good to work here. you can't even compare the 2 worlds live in this resort. it feels like heaven while outside its hell. everywhere you stand in huge lines live, people are suffering here, everything is beautiful. on the beach, the same picture emerges. taurus stroll relaxed along the sea. some only see the economic strife as they drive from the airport to their resort. when their power is out of their generator, it starts really quickly. so are the internet and everything and the light comes on really quickly and so are now not really and la of for transport. now it seems like at at least the ticket drivers and the taxes are iris, her lathrop said below shows us how hard it really is to get gasoline. some of the lines in front of the gas stations are kilometers long. gas pumps are

even guarded by the military. we're gonna what about all of that? and there is no gasoline, hockey, any diesel that nothing is coming out of the pumps. they're sold out, making it insanely difficult to get around. are these are hard times the economic crisis is apparent in his family's home too, because of rising inflation and the scarcity of many goods. his wife fatima finds it challenging to care for their home and feed the family alone. thank you again. i have no more gas for cooking and food is expensive. typically there was little to choose farm and no powdered milk, which i need badly for the children. oh blouse as the money, he answered. the hotel is barely enough for basic living expenses. the family saves wherever they can, what little they have left, they invest in their children, the other, the more modern got it, and we're trying everything to at least continue to give our children a good education. that's why we're reducing all expenses that are not vital. our

children's education is our top priority or the other than the behind the thick gates of the hotel. there is no sign of the deep poverty in the country. it's like diving into a parallel universe where problems simply don't exist where everything is running smoothly and offers the illusion of a carefree paradise. and you are and we try very hard to make our guest this day as enjoyable as possible. there are no power outages, thanks to our generators. the well being of our guests remains as always our priority. clearly, it's a priority that many struggling sri lankan standby has one of the few ways to support their own well being. and joining me for more on this is as anger of edwin, a soccer, his an analyst, an author, and currently senior fellow with the millennium project in washington, dc. as longer, i know it's a very complex problem, but if he were to choose, is this mainly a case of economic mismanagement or bad luck or both?

i think the mix of everything when it comes to financing prices, mainly on the economy policies as well as the i call it actually they the strategic trap which is going on landing on, especially with china. so the day then the credit issue, there's no foreigners those days are in solving the problem. we don't have money to pay the borrowing the large borrowing infrastructure large getting this factor which is about 70 percent, which is not generating any revenue. so we see a situation right now, i mean the invert policies. i mentioned with reluctance for money to go to, i am only last week they decided to go buy in the me and also rejecting mark

low and as well as the on the any insurance ground. so there are multiple factors. could the government have prevented the just on the point of the inward issue that you were mentioning? definitely there's a preventive. there was a time from last year, i believe many advise the government, but because of no, no, the policy is that the, the, the policy that they calculated as well as they want to do go ahead bit. so they kept on rejecting all it is a lie. so this is a very unfortunate situated, be soil. i mean we and i prefer the whole the did, i mean, depending did have sort of a serious impact, like the tourism die of the tourism revenue as well. as that remington's us, but that's not the only fact that they were,

but policies which the government you know, followed as multiple examples. the content which we last time the try to stop, you know, be terminated the agreement between japan in the agreement, franco. so model affects the japanese lottie, so even borrowing much more from commercial loans and then the concession on you can see a huge percentage of going up on the commercial loan side. i 4 percent. and so it was, it was a situation that many saw but then represented. but unfortunately, because of the, the, the reason i bring in china to this, the china is, is not the only concern here, but china, he's one of the see is concerned because large scale projects and not generating

the money at the bottom. now, recently got $1000000000.00 from china to pay our own lawns, but we don't know what the interest rates are. so there is a serious situation. that's why i call it a strategic strategic traps rather than it's, it's on top. it has been to boston law debunking it is sub on the death truck saying that the volume of china, china loans are not so much them the commercial loans. so i don't, i don't agree with that. so there are multiple that 3 factors that i mean, the strategy trap to the political dimension to china, the system. so political, political situation in political pockets as well as movie to a semi auto critic water, as well as the human rights and the military assistant number. the fact of the, as we mentioned to us earlier, a very complex problem. and unfortunately, running be run out of time, we'd have to leave it there for the time being. but i'm pretty certain this and of the end of the discussion on the unfortunate situation she finds itself in,

as i'm going to say from the millennium project in washington d. c. thank you so much for joining us today. and prices of daily items are going up in bangladesh to but unlike sri lanka, this is mostly down to the fall out of the war and ukraine. global crude oil prices have gone up, impacting what it costs to ship goods into buying of ish. and then there's the fact that ukraine and russia supply a large portion of buying the this is wheat and oil seeds that result steep price rises just before the start of the holy month of ramadan. on friday. in the capital, city of dhaka, demand is so high for subsidized food that people are chasing down government delivery trucks in the streets. many can't afford to buy food at regular markets right now. that only we're in a mad dash to buy goods from this truck. we requested the government to control

prices and local markets so that we don't need to rush here on the street. like the prices of basic goods in the market are very high ways that have like does it does, it does not prices for groceries like cooking oil, lentils and onions have shot up ahead of ramadan. just as families are trying to stock up for meals to break their daily fast. during the muslim holy month, traders at local markets say a combination of factors. the war in ukraine and holiday demand has sent prices soaring rubbish in pork gums i do to ramadan. there's a huge demand for food, i guess him, but there's less being imported and demand is high. that i'm fewer goods are coming in from other countries to know who's that? because i think it's due to the price hike of fuel films. and it's, and you know, there's a war between russia and ukraine, you know what i said? so that's delaying ships on carrying imported items. so mother, my daughters have modified with the price hike, has fueled public outrage and accusations of profiteering. but many trader say they

have no choice, we'll do a gun or back. supporters are charging more, so prices are also higher here. fuel prices of high turnover by day by day the prices are increasing. what can we do? we also have to survive and have to sell at higher prices and we can't make a loss. and for low income bank, the dutchies, that means hours of waiting and long lines for cheap food. the countries commerce minister says the subsidy program plans to serve 10000000 people and will run until the end of ramadan in may. and that's it for to do this more now website. now, after all that hardship people are facing, we leave you with more soothing pictures of the cherry blossoms. now finishing in japan are back again to modest. you've been a by. ah,

ah, who, what people have to say matters to us. but me, that's why we listen to their stories. reporter every weekend on d. w. and what interest the global economy our portfolio

d w business beyond. here the closer look at the project. our mission to analyze the fight for market dominance. if this is west, good is debit head with the w business beyond ah, germany activates it's emergency gas plant. as rush air insists, europe pays for gas and rainbow is berlin is preparing for the possibility. moscow, shutting off the tabs as he looks to liquefied natural gas to solve its reliance on russian energy. we look at how spain and portugal is set to profit. and as economists predict, inflation in germany will top 6 percent this year to look at the impacts the war on ukraine is already having on shot. this is the state of the business on robots in

berlin. welcome to the program. germany is minister for economic affairs. robert havoc has warned that germany is preparing for a complete stop of russian gas deliveries. it comes on the eve of the dead line for germany to begin paying for russian gas in rouble was something it's refusing to do . i'll back said that there are currently no supply bottlenecks, but he said germany was implementing step one of its 3 stage emergency plan. back also stressed that both private and industrial consumers needed to do more to limit their consumption in the coming months. on this i've been speaking to monica schnitzer from the german council of economic experts. i asked her if this was a sign the german government is genuinely concern that russia could stop supplying .