tv DW News Deutsche Welle May 5, 2022 3:00am-3:13am CEST
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every journey begins with the 1st step, and every language with the 1st word, from rico is in germany to learn german. why not learn with him a simple online on your mobile and free to shop the w learning course, nico speak, german made easy. this is either been use and these are top stories. ukrainian officials say the russian military has renewed its assault on the as of styles. steel plant. in the city of mario poll, russian troops are reportedly entered the area around the plant and are attempting to storm it. early this week, humanitarian workers evacuated over a 100 civilians from the facility. moscow says it will allow more evacuations in the coming days. european commission,
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president ursula vander line has called on the block to ban oil imports from russia . she propose a phase out that would end payments to moscow for more oil by the end of the year. she also outlines other measures in a 6th package of sanctions against moscow. the u. s. federal reserve has raised its benchmark interest rate by half a percentage point. it's a central banks biggest hike in 2 decades and aims at baffling the worst inflation in 40 years. the bank hopes the increase in barring rates will slow spending enough to tame inflation. this is, these are the news from berlin. you can find much more on a website, d, w dot com. ah, ah, cutting off the funds russia use is to pay for its war in ukraine. the european
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union's executive has proposed a phased ban on russian oil imports as part of its toughest sanctions package, yet against moscow. but does the move go far enough fast enough? and can e u member states agree to the plan to throttle russia's war machine? use chief or slough under lions says it won't be easy. i'm clear. richardson in berlin and this is the day. ah, today we are presenting our 6th package of sanctions. reduce our drawer is simple. we must broach the russian rule machine. we need to make sure that, but we don't financed forth. it's more so we need more sanctions also on energy. so today we will propose to ban all russian oil from europe. of course, if a heavy load to bear,
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but we are ready to run through new dawn for european energy independence. hon members, we once ukraine to win this war also on the day 5 and a half a 1000000 people have fled ukraine since the start of the war. an unthinkable disaster for all of them, but a question of life or death or the parents of severely ill children. like i can sleep at nights even when does he does the sleep hours aluminum. i keep checking on him. i pray to god that he won't stop breathing. why? and sometimes it seems like he is not breathing hello and a very warm welcome to the show. another european economic salvo is heading toward moscow as the european union proposes a gradual embargo on russian oil. and the new sanctions regime would mean
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a sizable cut to rushes energy and come from its western neighbors. and it's not just oil banks to are also been the focus of this 6 and toughest round of sanctions imposed by the you for russia's war on ukraine. stepping up, the pressure and russia was the last under line to see european parliament, either lawmakers to represent the ear citizens to drop out her bank announcement we call to day we will propose to ban all russian oil from europe. this will be a complete import ban on all russian oil seaborne and pipeline crude and refined. we will make sure that we phase out russian oil in an orderly fashion. the plan is to face out oil by the end of 2020 to hungary and slovakia, which are very dependent on ration oil will be granted longer transition periods. besides the oil band funder line also presented other sanctions in her 6th package
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on the internet. the european commissioner wants to take off spare bank russia's largest bank from the swift financial transaction system. and the parents also to target military officials involved in the atrocities in mario paul and in butcher. and 3 russian media outlets will be banned from european airwaves for spreading misinformation. in addition to sputnik and russia to day, it is with the ban on energy, however, that the ear is hoping to hit the russian economy the hardest. but only facing out oil is far from enough for many lawmakers damage. they want boulders, deputy finally re her for oil even when it will, takes still 6 to 9 months or 2 implemented. i'm are also a waiting for a been on, on gas because sir, or what we are paying to the war machine of put in is mainly what you're paying for
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russian. gus, the ears ban on russian oil could cause even higher price spikes for energy and fuel in europe. putting a burden on european citizens, a prize that you has to pay to show solidarity with its neighbors, ukraine, after too many, your lakers thing. we have to understand that $1.00 price to fight this bloody war will be on this oil and gas embargo in the end. yes. and we have to make sure this is socially, are compensated for those people for those holes halls or could not pay the higher price. here, countries must still agree on the sanctions package before it enters into force. for more, i'm very pleased to welcome daniella part. so she is the executive director for europe and eurasia at the open societies. foundation, thanks much for taking the time to join us. let's start with the proposed sanctions
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by the european commission, a complete import band on russian oil phasing out. it's used by the end of 2022, and i still need to be agreed by you countries before it goes into force. how likely are we to get a consensus with question really as to what his 10 transition period is can be granted to each member states, because some are more dependent on russian all the live race than others. hungry is one of them. select is another one. and one might think that henry could attempted to, to brought the package because of its proximity to russia, which is nothing that would apply to the lakia, which is among those managers of the european union that really has very early on and continuously delivered to ukraine to fight russia. so i think the, the auto lee and the compromise, and i do think that the european commission pastor has today's announcement very well in your records. the german and minister of the economy said this has to
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happen. so i think the consensus is building up, but some men mistake have to get an extra long transition period because it's very ambitious to phase out oil within 6 and 12 months. and just to clarify, do get the sense that state likes, lavaca, and hungry will be satisfied with longer and if offered a longer transition period. and is that something that other you states would be willing to offer? i think the you in general will be very keen to build a compromise because showing the vision to russia to the world basically would not be the right thing to do and it should be avoided at all costs. i think they will offer transition here at 1st, and if that's not, that would be some kind of compensation. but i believe that transition here is little already help because it's possible to replace oil. but all that you is very likely to suffer higher oil prices. so the question is, how citizens,
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how consumers actually deal with that situation is a very sensitive one. and one thing that the has to bear in mind is that the sanctions on russia are definitely right. but at the same time, the e u is going through is climate transition would also put pressure on energy prices . so it has to find an equitable and fair way to deal with both challenges at the same time. if not, public support will match the right to mention that this ban does appear likely to be a big burden on european citizens, european commission, president ursula, underlying warning that it won't be easy. where specifically will this hurt the most? well i guess the most symbolic and visible thing is fuel prices. so people who have to use that car for instance, to get to work in particular in rural areas, will feel this very clearly. and those prices, you know, they are kind of up on the wall, you can look at them every day and when the line,
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there's immediately a sentiment, of course, that's something that's going on. the other thing is of course heating prices, and that is also very quickly felt by citizens. but you know, it's not only individual households as also the industry that has to reckon with rising energy prices and they high anyway. so all in all this will be also an impression on the european economy, not only on the russian one. but at the moment, the political consensus still seems to leave with the package being presented by the european commission that it is west for europe to baddest prize, because it has to be made very to russia again that this war is unacceptable. and the brutalities of the war primes was left on the line mentioned them were today as well. it is very, very important to, to show russia over and over again, that europe is willing to pay a price itself. because so much is at stake in ukraine for europe as well. and on
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that note, i'd like to take a step back and get a sense of how far reaching these sanctions would be. and how hard would they hit russia relative to previous packages? first of all, on oil, this is a next step. i mean it's really a new quality of sanctions because oil and gas here are the most important for those of income for russia. of course, try and replace europe as, as it's client by others. but that will be easy, and that will be very quick because then also on petition on the little market then comes the financial system. so another 3 banks are being taken off swift, one of them, their bank is the largest consumer bank in russia. so this will hit the economy, so the financial system, but also individuals pretty hard when they see that there is no longer functional.
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and so i think this is a new phase of escalation in sanction policy on the side. then there is an additional package of individual sanctions, very symbolically. the patrick of the russian orthodox church is being sanctioned for his support and encouragement of put in war and individuals who are in the military and who have been tracked down in ukraine. so actually have been identified as will crime. so the message is very clear. the european union is doing everything also on that very individual basis to trace price for, for, and has to be built. and then we'll have to be some compromise among the 2070 and then the states. but for the time being, i think, put in will very probably be surprised by the european union's ability to act together and not only on sanctions but also so many countries have the limit on
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your brain. the welcoming of ukrainian refugees is, is remarkable in the european union. and so there is a lot of support for ukraine. and this may actually surprise learning included with all he would win this war in a much shorter time span. the stakes are hi daniela parts are executive director for europe and asia at the open society foundations. thanks so much for taking the time to break that down for us. thank you very much for having me. ah. the russian invasion has turned the lives of ordinary ukrainians upside down. the united nations estimates that more than 5 and a half 1000000 people have been forced to flee the country and finding their footing abroad is especially difficult for those with family members requiring special care or medical attention. deterred on that.
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