there is no evidence that russian forces completely control the city as small falls of ukrainian soldiers is still holding out in the as of style. steel clamped at that from ne. danny a winter is up next here on the channel with your business updates. brenda, you can always get the latest news on our website. d. w does come with josh or i'm just kinda, i think that's hard and in the end is a me, you are not a lot us to you anymore. we will send you back. are you familiar with this with the smudges reliance of the what's your story. ready i'm, he wasn't, i wasn't women, especially victims of violence, senior labs and take part and send us your story. we are trying always to

understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information ah, ilan mosques bids to buy, twitter takes another step closer to reality. the billionaire says he's put together a funding package to take over the social media company. will it be enough? we'll get the view from wall street, also coming up the world's biggest food companies, raise prices of want of ball hikes, a heads, consumers will take a look at how inflation is hitting the world's port. that time again dw business welcome. ellen musk says he's managed to scrape together the money to buy twitter

at $46.00 and a half $1000000000.00. it took a lot more than looking under the sofa cushions, major bank slike morgan stanley on board to provide finance for the venture. it answers a big question for investors who are worried must didn't have the personal wealth to carry out his bit to buy up the social media platform. the next step mask has to convince shareholders. and in the end, the board of twitter to accept his offer. and as always, james sweeney is watching the view from wall street for us. james experts were skeptical to put it lightly. that must could actually get together the money to pay for this. tell us more about how we manage to do it. well, honestly it looks like the skepticism is gone, because according to the latest filing with the at the see must, has the money at the receiving commitments for $46.00 and a half $1000000000.00. the finance this deal. and you said, where did he get this money from? well, here's a bit of a breakdown. first. he said he's committed to about $21000000000.00 and equity

financing. he's covering that himself, while musket secured about 25 and a half 1000000 in debt. in financing through morgans family senior funding and other firms that of which is broken down into 12 and a half 1000000000 and loans by month. and 13000000000 and other debt tied to twitter. so now the bit is in the money is there, and it will be interesting to see how and if twitter bites, as twitter has not fully responded to his unsolicited offer just yet. but this is it. okay? but it seems that in the past, anything that must cosette about buying twitter or insinuated about as in a leap in the share price. but twitter shares today we're fairly flat, is assigned that it's still seen as unlikely to be successful. well, there's just so much to taken in so many roads this journey can take everybody. there's just way too much on the certainty. first, ellen ones, twitter, but twitter appears to be stalling for time. must have been said in his filing that twitter has not formerly responded. so he wants to appeal directly to the investors to buy their shares. meanwhile, twitters board already throwing a hurdles at must when they, after that offer, the board adopted a poison po,

measured the fend off must and give the rectors more time to consider what to do, making it more difficult and more expensive from us to own anything more than 15 percent, but if enough investors find must bit attractive. they could pressure the board to get rid of that poisoned pill and talk with a millionaire again so many what if scenarios. and a lot of people are just watching on the sidelines and speculating what is going on in the heads of these twitter board members. right? now, okay, well james, i want to change gears now. turn our attention to disney. it shares hitting their lowest since march 2020 as florida voted to revoke it. special tax status that, i mean, it's all over the state so called don't say gay bill aimed at schools in the state . disney spoke out against the bill, which bars educators from teaching about sexual orientation and gender identity until after that. great republicans didn't take kindly to disease opposition and now they're hitting back removing a special tax status that saved them the company, a lot of money over a 50 year period. so james,

is this just another blip for disney? or is it part of a longer term trend, pitching, entertainment companies and politicians against each other? you know, that's an interesting question. i would say that it's a blip, but apparently it's becoming a trend. listen, say what you want about each be $1557.00, or is it label it? don't say gay. it's the law of the land that they sits on. and here's what's going on. right? disney is overly calling for the repeal of each be $1557.00. okay. now florida, republicans are pushing the shrub, disney of its self governing powers and tax breaks, but not because of their stance. at least that's what they're saying on paper. they're voting. the 4th, disney start paying hundreds of millions more in taxes, claiming that other theme parks don't have the same luxuries and that people have been wanting to deal with these special districts for quite some time. disney has not answered. so all that can be said is this expect a big dispute in court now? why do i think it's becoming a trend or it is a trend? yesterday i read the foreman, mcdonald c, e o. at ren, see that the man behind the chicken mcnuggets. he launched it initiated the fight,

woke corporate policies. he went on to say that corporations had no business being on the left or the right because they represent everybody there. and the fact that there's an individual launching such an initiative. that means it's no longer a blip. it's definitely a trend. well, it seems that whatever happens, companies are gonna have to deal with the so called culture was whether they like it or not. james sweeney that on wall street for us. as always, it's been a pleasure. thank you, james. and now let's look at some of the other global business stories making news . new data shows the number of americans collecting unemployment benefits has declined to its lowest level in more than half a century. about 1400000 americans are collecting 8 the u. s. job market has remained strong despite ongoing supply chain disruptions. russia says it plans to unveil a digital ruble that can be used for international payments by next year. in response to western sanctions, the country also wants to expand its use of banking cards abroad. the russian

central bank governor says the digital rubel is among the institutions priority something as look back at ellen masks, company, tesla, which is reported strong earnings for the 1st quarter of 2022, beating expectations by around a $1000000000.00. it's logic, thanks to sales of us regulatory credits, the company gets for making electric vehicles. however, analysts said they shanghai lockdown, which closed testers plant there was hit the car, make us 2nd quarter earnings and german exports to russia have collapsed since the start of the war. in ukraine, it march, they fell by 58 you on year was around a 1000000000 euros. the plunge means that in the space of the month, russia has fallen from 5th to 12th in the list of germany's biggest export destinations. back to an ongoing trend with monitoring for you inflation, major global food and beverage companies are increasing their prices amid surgeon

commodity and energy costs. swiss root giant nestle said it boosted prices over 5 percent in the 1st 3 months of this year, saying father rises run the way. another big food company dan own, has also one of price hikes. the double whammy of a pandemic and a war has slammed the global economy as usual. it's the poorest to a hit hardest in the heart of when it's iris. crowds are lining up at the soup kitchen. some are regulars here. others are 1st timers driven by an economic crisis with sky high inflation of 50 percent. the government has been paying a one time grant of around $260.00 to the poorest, but it doesn't go far enough. he'll follow it up, but hopefully we be able to make the most of the grant mostly will use it for food . when the government provides aid, we always stuck up on food that doesn't expire quickly so that we have something for the future algebra. what am i give way that i got it and what can you get with

this grant? 3 boxes of milk and those with newborns. 2 packs of diapers. obviously it helps, but it's not enough. oh, really feel welcome to i was, i am f managing director crystelina georg. eva said the war in the pandemic are a massive setback for the global economy of facing she insisted g. 20 countries must continue to cooperate, to deal with pressing problems. accelerated inflation. it has become a clear and present danger for many countries. rising foot and fuel prices are training the budgets of ordinary families to a breaking point. meanwhile, the world bank, working closely with the i, m. f, is forecasting a prolonged crisis. one of the key transmission mechanisms is the shortages of food, of energy and fertilizer. these are the fertilizer and energy are critical for the

crop cycle. so they're building on each other and creating a food insecurity crisis that, that will last at least months and probably in to next year. finance officials from the us, britain and canada, walked out over russia's participation in a g 20 meeting to address the headwinds, confronting global growth, resolving the food and energy crisis remains a major challenge as long as the war continues. for to get more on this earlier, i spoke to customer jessica, whose chief economist at i n g germany. i asked him to paint a picture of just how bad the current wave of inflation is. is actually a very li peter. i can paint here it is very high inflation. we're looking at in place to live in class, in the 19 seventy's and eighty's. and now what, what the warranty crane has no penalty celebrated is this inflationary pressure acting. we're really looking into double digit inflation hours in the coming month

. and the bad thing is it's not only hurting consumers, it's also hurting the industry companies because their costs are going up. and this is kind of squeezing the entire economy, both at the corporate level and the consumer level. lation, i'm in the euro zone, i'm assuming you're referring to. so what do you think are central banks like the e c. b, doing enough, after all the easy, because not raising rates at all, yet they say they don't want to strangle the post. pandemic recovery, all they're worried of tightening too fast. what do you think this is ryan? i think the, you, the are the only used to be, are in a completely different position than the u. s. army and the federal reserve. i'm so there at the fed really has to speed up normalizing, want her policy. while in europe b. b is looking at the worst central bank can be looking at name the stagflation, a standing economy with extremely high inflation pose an enormous challenge for

a central bank. particularly as this inflation cannot be controlled by higher interest rates because it stands from higher energy prices and commodity prices from global supply chain regions from the end of the pandemic. and there is very little b, c, b can do to bring inflation down what b c, b can and will do is to normalize mortar policy. we do no longer need these emergency measures like acid purchases, like a negative interest rates. and i think that these people now really speedo this process of normalizing monetary policy, but they will not follow in the footsteps of the federal reserve bank in the u. s. which is engaging in a long series or a house that was cost breski talking to me earlier, and it's about time for us to go. but just a bit of time to remind you of the top business story that we're following for you . ilan mosque has unveiled, a financing package was $46.00 and a half $1000000000.00 in his bid to take over twitter. mosque still has to convince

shareholders and the board of twitter to accept his offer. and i think you're up to date with a d. w business from mcdaniel winter in berlin and the rest of the dw business team . thank you very much for watching and see you next time. same time with been to the conflict zone with sebastian. russian forces have begun the 2nd phase of the war in ukraine. that ukrainian officials said they were come for them. they could hold off be offensive as the war goes on. she believes the danger arising. he's nina gustavo great granddaughter of the former soviet lead indicator crucial conflicts on on d. w with be loud,

be invisible and help others with your story. every 3rd woman is a victim of gender violence. they have experienced it 1st hand in demand that you look and act stop violence against women who. ringback in 60 minutes on d, w ah, did in wide wing extremists, i suggested again world might be in coping weight and burned in south africa. people with disabilities more likely to lose their jobs. in the pandemic black lives matter. shine a spotlight on racially motivated police violence, same sex marriage is being legalized in more and more countries,

discrimination and inequality are part of everyday life. for many we ask why? because life is diversity. make up your own mind. d. w. lead for mines. russian forces have begun the 2nd phase of their war in ukraine with unexpected push in the eastern don bath region. but ukrainian officials said they were confident that good hold off the offensive still now neither side as offered any hints of compromise. in fact, positions in both moscow and kia seem to apartment my guest this week off as a unique perspective. she's nina cruz, java, great granddaughter of the former soviet leader, nikita khrushchev. and she joins me this week from new york where she's professor of international affairs at the new school as the war goes on.