hold, that's it for now, stephen beardsley is up next with your business news. that's after a short break. stay tuned and remember, you can always get all the latest news on our website. it's d w dot com. i'm here until for me and the entire news team. thanks for watching. these places in europe are smashing in the records. stepped into a bold adventure. it's the treasure map for modern globetrotters. discover some of you up to record breaking sites on your mac, you tube. and now also in book form the green with. do you feel worried about the planet we to i'm neil. host of the on the

grievance of cost. and to me, it's clear we need to change the solutions are out there. join me for a deep dive into the green transformation. for me to do with ah, you sanctions are not enough. that's according to ukraine's president's lensky. still less than a day after member states agreed to target fossil fuels for the 1st time. we'll hear from an economic advisor for the president about what you crane wants from the you. also on the show, the french presidential race is tightening. the economy was supposed to be a strength of a man. well, microns, but rising. prices are changing. calkins welcome to the show. i'm from beardsley. new sanctions on russia, including an import band on coal,

are not enough. those the words of ukraine president, florida mids lensky on friday as he welcomed you. commission president or sl of underlying to keep you members approve the sanctions last night. it's the 5th round of measures against moscow and the 1st target russian fossil fuels ukraine president joins a growing chorus of critics. the you import, 20000000 euros of russia called daily. it's a fraction what it pays russian oil and gasoline. here's what zalinski had to say. you're judging on personally grateful for the 5th package of sanctions, but i believe that it's not, not always on the russians took a lot away from us, lot of shows about to more or less why i'm asking for help in the form of sanctions . they have to be strengthened when if or when otherwise russia won't listen to anything or anybody. mitchell, in, you go over the coaching, should we have, as you said, imposed 5 ways of unprecedented sanctions against russia. and we are already

preparing the next wave. we are now moving into a system of rolling sanctions and the sanctions are biting heart. alexander rodney and ski is an economic advisor for president lensky. he spoke to my colleague chris cobra earlier today to explain why he was underwhelmed by the new sanctions. a step forward, but it's not sufficient. so a sanctioning co call is about 4000000000 years and imports per year. that's nothing compared to the overall fossil fuels and energy inputs that are coming from russia this year. it's projected to be somewhere around $321000000000.00 that russia is going to make by him, by exporting or i'll gas and call to to europe no call is banned. so, you know, that's the numbers and for 1000000000 and coal is really not, not sufficient. we need more. we need sanctions on oil sanctions, on gas oil as the place to start, well as the substitute away from and that's what,

that's what needs to be. and there is other sanctions that have been introduced on individuals will have to see, you know, the list. exactly. but that's also good stuff for alexander. i want to talk to you about the situation in ukraine despite the fighting the war, the hardship, the death. is there still economic activity? yes, there is still economic activity impact. some of the economic activities. no resuscitating, especially around kias. because we've freed, we basically, you know, hit back at the russians made the russians withdraw her on key of in the north of ukraine. so certainly, life is starting to return slowly. and in some other areas, west ukraine has not been that badly hit, although there were bombardments, of course, and still are, but people were still working. so we see, for example, agriculture is very much, you know, the production going on. now it's the planting season and people are, are workers,

agriculture workers and farmers are planting their seats. they're even coming to our banks and asking for working capital loan. so that's, you know, we see signs of activity. well, german government has outline new plans to help domestic businesses affected by the war as well as the resulting sanctions. the package includes $5000000000.00 euros worth of grants, as was $7000000000.00 euros, low interest loans and loan guarantees. some businesses worry that it still will be enough. the thumb keys the shine based in eastern germany specializes in wire making machines. it's dependent on the russian market for much of its business. the company has 45 employees, but managing director janski's la, shy, and doesn't know whether he can keep all of them. well, of course we have to look for eternity. customers that'll take time. it could lead to a cut and working hours in the worst case scenario to lay offs. the german government

is offering billions of euro's worth of low interest loans to industries affected by the war and ukraine is how to submit. i believe it's necessary. now there are certain companies and industries which won't survive if we don't make this type of support available during the 8 isn't just for companies cut off from the russian market, but also firms struggling duty arising, oil, gas, and electricity prices. many companies welcome the support, but kieslein war is about the long term effects. the government cannot take care of . he's afraid he'll lose russian customers in the long run as they turn to asia to buy their machines. let's go now to some of the other global business stories making headlines. world food prices jumped nearly 13 percent in march, largely due to the word ukraine, u. n. food and agriculture organization warns the cost could continue to climb up to 20 percent. this puts much of the world's population at risk for mound attrition

. microsoft says it has disrupting hacking, attacked by russian group. it says the hackers connected to russia's military intelligence agency, tried to spy on ukrainian institutions and media, as well as government bodies and think tanks in the united states in europe. a boeing 737 cargo plane flown by german carrier, d h l. as national close rica, the crew was unharmed. the pilots learned air traffic control to a hydraulic problem shortly after take off the plane return for landings. getting off the runway breaking into 2 pieces were or france holds its 1st round of presidential elections on sunday. all show a tightening race as president manuel mc hahn. gambles on his economic record to win reelection. the bridge economy has enjoyed a strong post pandemic come back and miss mcroy has pushed through business friendly reforms, but with inflation rising. so could the number of voters feeling left behind?

the ws? sonya found a car reports from paris. dummy mark is a big believer in the future of french manufacturing and he insides. here we will manufacture the product. his company mix locking systems for aircraft engines using smart technology, most orders that the firm received chinned with financially, from the french government during the gulf crisis. that helped it, whether the crash of aviation sector and hold on to its workforce as of technicians, engineers and developers, and a specialized no. ha, ha, ha ha! and mr. mccoy's been very present at the sussman and for the entrepreneur. oh, to help them out to grow since 2017 industrialization is back in france with new projects. new manufacturing in this moment um has been increased during the cove. he'd been in utah all those helps from the gunman. and this gave us a very strong position on the market. his optimism is borne out by dieter,

unemployment has fallen. consumer purchasing power has grown, and the french economy has been a couple of scans. but have the economy gains trickle down lower in, put a ticket to ship pulled muscles, policies have been quite pro, business and internationally. frances economic attractiveness has definitely improved will come up. but despite the strong figures menu, households to feel like our situation is not improved. when we know there's a gap between the economic liter worried and people's perception, which is always shuttle, but she frequent image, it was on to you or was it roy nipple images at this market in southern paris. supporters of macro are hoping to swing voters as elections loom people here undivided over his economic pulses. her, how did you, she also to the gap between the richest one percent and the point is 30 percent has widened on is that what you call an improved french economy? you really couldn't leave a swish. bosky c peter fat. while i do, given the circumstances, macro hasn't done too badly and economy,

he achieved what he was elected to do with the liberal program. you can silly vialva, he's here with her urine. paris, you can always find work, but the rest of the country, things are more difficult either. some french companies have relocated. the elections will provide one verdict on macros, economic record. the next crisis is already looming, as fonts and europe brace for the knock on effects of the russian water decree over the markets. now wall street focused very much on the federal reserve and its plans for the month ahead. that's made for something of a val to weaken trading koreans quarter in new york for more years. investors have every reason to believe after this week that the fed is going to tighten monetary conditions tighter and faster. and yet, there still seems to be this kind of uncertainty there on the markets, which we take from all of this wealth. even the federal reserve gave us a pretty good idea what to expect in the next couple of months. but clearly that is

still no guarantee. and even if we see further tightening of monetary policy, we also have other issues to deal with the war in the crane inflation and so on and so forth. so what we did see in the past couple of trading days, that investors are going to be to be a bit more on the cost side. for example, for the week we saw and stop it started, sucks in the healthcare industry, consumer staples, energy stock's trading to the upside. and then on the other side, the technology share. so look at the nasa composite for the recreating balance by almost 4 percent. so those are interest rate and monetary policy rate, the sensitive stocks in there's even these whispers now the our word recession, should we believe them? well, a, steven, it's not just only a whisper. i would say we have every commerce, the former treasury secretary, talking about inflation in the future. the same. we hear the same from experts from

bunch of bank, from bank of america from philadelphia, and the economy has cycles, right? so sooner or later we will see recession, the only question is, when and how deep that will be, and nobody really has an answer to that. at the moment, most economists do not believe that the recession is imminent, but could happen toward the end of the year at some point in 2023. and you already got some early warning signs. i mean, with interest rates increasing, use the pressure or use your mortgage rates, increasing just the pressure on the housing market. and we have to wait and see until when that translates into the consumer. because that's when it really gets dicey. here in the united states. right. quarter in new york, wrapping up that we can wall street. thank you very much. his reminder of the top is a story we're falling for you. this. our ukraine's president florida mid zalinski said new e u sanctions were not enough. as he met commission president fun to live in, keep on friday. new measures approved by member states on thursday include import

bands and russian coal timber, and vodka. untouched so far, russian gas with several you conduct economies putting germany's depended on it or you can find out more about these and other stories online. d w dot com slash business check is on youtube as well. see beardsley with to the point to strong opinions. clear positions, international perspectives with russia pull back north of kia has brought relief. but however, as indications of a civilian boss, the car come to light will be apparent. war crime convinced germany to embargo russian fossil fuels find out on to the to the point dw,

with rushes attack on ukraine. how did it come to this? a conflict that's been brewing for decades? spiraling political interests, grievances and violence. reach a tipping point in our escalating further war in europe. drama, ukraine in 45 minutes on d. w. o. devastated with our we can with cars caring. the fact climate change. i mean, so one word for a station in the rain forest continued carbon dioxide emissions have risen again. young people over the world are committed to climate protection.

what impact really because change doesn't have been on its own. make up your room, mind d. w. made for mines, russia is pulling back its forces north of ukraine's capital, but that has brought horror rather than relief as indications of a civilian massacre come to light. the devastating images from the town of butcher indicate that proteins forces murdered hundreds of civilians before withdrawing that sparking new calls for harsher sanctions, including an embargo on russian fossil fuels. so far, germany's been resisting, fearing massive harm to an economy, highly dependent on brush and gas. the predicament is prompting a new look at.