to stop russia's war in his country. addressing a meeting of the un security council, zelinski described the recent atrocities in the city of bootstrap, and called for those behind the killings to be brought to justice. it is your news update at this hour. stay tuned for the business headlines coming up next after a short break. don't forget, there is always more on our website. has to be found at d. w dot com. thanks for joining us. ah. so we're, i'm just kinda, i think that tags and in the end is a me, you are not a lot of to you anymore. we will send you back. are you familiar with this with the smudges with lions of the what's your story. ready i mean, wasn't, i was women,

especially victims of violence in take part and send us your story. we are trying always to understand this new culture. so you are not the visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information. ah, brussels puts russian coal in the cross hairs. the e u prepares the sanction energy in order for the 1st time following new allegations of russian war crimes. we'll look at what the move means for moscow and whether it could open the door to even more energy sanctions. but how to replace those imports? one option might be indonesia, the world's biggest ex order of thermal cold for jakarta. rising demand for the

fossil fuel is shaping up to be quite lucrative. and the inflation warning from a top federal reserve official rattles wall street. we'll check in with our financial corresponding welcome to the show. i'm seeing beardsley. the european commission is preparing to ban russian coal imports as part of a 5th package of sanctions. and as a response to new allegations of civilian executions by russian soldiers near keith sanctions would be the 1st taken against russian fossil fuels, which previous rounds have left untouched. the value of russian call imports are estimated at 4000000000 euros annually. all 27 member nations will have to agree to the measures cause have been growing for the e. u to been all energy imports from russia. a move opposed by germany and italy. your sal commission, president russell of underline, describe the rat, the reasoning behind those sanctions. we all saw the goose, some pictures from butcher and other areas from which russian troops have recently

left. yesterday i conveyed to president zalinski my condolences and assured him of the european commissions full support in these terrible times. these atrocities cannot and will not be left unanswered. the 4 packages of sanctions, half his heart, and limited the cremeans political and economic options. we're seeing tangible results, but clearly in view of events, we need to increase our pressure for them. so today we are proposing to take our sanctions a step further. we will make them broader and sharper, so that they cut even deeper into the russian economy. it's not just the ban on coal imports, the proposed sanctions package, the used 5th since the beginning of the war includes a raft of measures. it would ban russian ships from you ports at the russian bank, v t b to a list of sanction financial institutions. and ban

e exports of advanced computer chips and machinery to russia. jack park is our correspondent and brussels jack. let's start with his timeline. how is this expected to work? especially when we look at a possible import stop for coal. we expect that the, the ambassadors of the european union will meet tomorrow afternoon, probably wednesday afternoon to discuss this to sort this out and to make sure that they get imposed as soon as possible. that's also being confirmed by the french europe affairs minister claim on bone. so this could move pretty quickly. we expect that the european commission president of on the line would have managed to get agreement on this relatively by the use 27 member states to know that these are sanctions that they can impose as soon as possible. these are the 1st e u energy sanctions on russia. how big a deal is this? well, as far as finance is not massive,

the you imported about 4000000000 euros worth of court cold from russia last year. right? of $99000000000.00 ought of mineral fuels that they imported in total. so so less than 4 percent of the whole sector. but it is the 1st time that there's been a sort of sick tall rule sanction on the energy. and then it's the energy sector and also went on the line was announcing this. she said that they are now starting discussions to look at broad sweeping sanctions against oil. so it's sort of a baby step, but it's definitely a significant 1st step into starting to target the russian energy sector. interesting. me as well, steve. and what we've seen is that the wall street journal has come out and reported that as part of these sanctions that are targeted towards individuals. the, the wall street journal is reporting that to of vladimir putin own daughters might be on the list of sanction people. so while they're looking at these sectoral things, they're also looking at symbolic and personal sanctions to try and hit the russian

president. you touch on this briefly by talking about oil, but to what extent does this sanctioning of call of imports from russia? to what extent this is open the door for more serious sanctions on other fossil fuels. and i'm thinking especially of gas, there is this debate around stopping gas imports. yeah, that's the big question is it's a step. it's a move forward and the country's obviously starting to agree to this. but the gas issue is the major issue. if the european union really wanted to turn the screw on russia, what they would do is ban in ports of gas. the reality is, is the number of countries are heavily reliant on russian gas, including germany, to the tune of around 40 percent. that would be really difficult, although the german government has started to make signals that it's potentially prepared to really take the, the pain of this as we go forward. but the question is, other countries that perhaps have a slightly more pro russian leaning starts in the european union? if you think about bulgaria, for instance,

which is almost entirely dependent on russian gas. those countries, if we start looking into gas sanctions that they could potentially start asking for op taos, i think what we're seeing from the european union is this contest consistent ramping up. and we're seeing this now with the financial sector that's been slightly targeted as part of these new 5th round of sanctions. they're trying to do as much as they can and sort of build it up to, to put as much pain on russia. they really this, as they say, their intention is to bring an end to the war in ukraine. steven or jack perch and brussels. thank you very much. assuming that you does put russian coal on the blacklist, where will the block find a replacement for that still critical resource? well, one option might be indonesia. it's one of the world's largest producers of coal. and with global prices being, what they are exports are becoming even more lucrative at the beginning of the year, the in manage and government crackdown, imposing an export ban on cold. but the band was on the enforce until the end of

january. now cool ships are allowed to head for international ports. again, as long as domestic supplies are short, a quarter of the production must remain in indonesia sold at prices set by the government. exported, cool, on the other hand, will reap a bonanza for the cool companies. thanks to the shop price and prices on the world market, fueled by the russian wolf, aggression in ukraine. the price of a ton of coal recently climb to over $400.00 us dollars. but cool, the rich in lanesha is also focusing on renewable energy for the long run and wants to be carbon neutral by 2060 indonesia as a broker country. yeah, we are having a lot of sources of solar and also be said that we have also wind. and then they're also marine, i know the source we are beside those i beside those technology. we also expect

the development rapid development after and the distorted system at the moment. however, climate damaging coal is the country's most important energy source. for this year, the government expects production to grow by 8 percent. let's look at some of the other global business stories making headlines. almost 20 percent of germans have been reducing their energy consumption since the war in ukraine began. that's according to a new poll. most consumers are trying to save money amid soaring energy costs and inflation. the conflict has pushed gas and oil prices to new highs. grease has fully paid off its debt from its 2010 financial crisis. and 2 years ahead of schedule at that 8 years ago, the international monetary fund provided the country with 3 successive bailouts, totaling some 260000000000 euros. that to prevent it from going bankrupt.

going to have you on mosque has taken up a seat on the board of twitter. the news comes the day after the company revealed much, was the ships of the social platforms biggest single investor purchasing a 9.2 percent stake in the company. shares and whatever is and 30 percent in the past 2 days long. let's take a look at market. now's lot markets now. rather a strong reaction wall street to new comments by a top federal reserve official. it's good against court in new york with more. yes . what can you tell us about these remarks from lael brainard? yes. even into the important thing is not just what was said, but who said it, you mentioned lay brainer. she is, no one was in the federal reserve as being one of the bigger doves and not hawks meaning that in general of says she stands for a loser monetary policy. but now she's saying that the inflation is way em higher than what the federal reserve likes to see. and that there should be a rapid reduction of the 9 trillion dollar

a balance sheet. and that it might be necessary to increase interest rates as speedier than the $25.00 basis points that we've 1st seen at the last fed meeting in march. so she's kind of hinting that maybe at the next meeting early may, we might even see an interest rate increase some of about to 50 basis points. inflation was already high in the u. s. when the war broke out, it's only added to those inflationary pressures. what are economists and experts expecting to take? still expected inflation can be brought into line this year. as the wind, i mean, clearly inflation will run higher than, let's say, a year or 2 ago. i'm also driven by the war in the ukraine was to commodity prices, metal prices being a definitely elevated and might stay. so for now, but as you hinted to him, i mean the war in ukraine was not the only driving factor for an inflation. we have all the supply chain issues and there, it really depends on how the pandemic develops. so we've seen those locked downs in

china, for example. that's clearly not helping, but most economists believe and hope that at least by the 2nd half of the year, the latest early, a 2023. that as these, those supply chain issues will get better. and so that inflation will still be elevated, but not as high as we've seen it right now. yes. quarter in new york. and finally here on earth. airbus is known for building airliners. but did you know the company is also building a new spacecraft? air bus has unveiled its juice probe. yes, that is the name. it's an acronym for jupiter icy moon. explore. and that's part of the european space agency mission, to unsurprisingly explore jupiter and those icy moons, ganymede europa and calisto, which could even harbor signs of life. the probe is scheduled to launch a year from now here's a reminder,

the top business story we're following for you. the european commission is preparing to ban russian coal imports as part of a 5th package of sanctions. and as a response to new allegations of civilian executions by russian soldiers near keith, all 27 member nations will have to agree to the measures. that's it for me and the dw business team, you can find out more about these and other stories online. d, w dot com slash business to watch a fighting for protection with one of the most detailed wildlife censuses ever taken in kenya. it gives us a status of the health of our ecosystem, and i will buy a diverse with how science and technology are eating conservation efforts. eco africa next on

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