a deal with russia to get its wounded fighters out of the as of style steel plant. negotiations continue on a plan that would see seriously injured ukrainian, defenders evacuated in exchange for russian prisoners in washington to reduce the life from berlin. the business is ob, next with stephen beardsley on, lay laraca in berlin, on behalf of all of us here. thank you so much for making us part of your day enjoying the view. sh. come take a look at this tv highlights every week in your inbox, subscribe now. oh, i think is everything challenging there? some are a big a muslim. so much different culture between here and there. so challenging for everything. ah, and to some of this,

i think it was worth it for me to come to germany. shove my got my license to work as a swimming instructor on dish and now i teach children to adults to swim desktop just to see what's your story? take part, share it on info, migrants dot net. ah, ah ah, it's joe biden's top domestic priority, but can he bring us inflation to heal any time soon? new figures show little sign of let up with prices for energy, groceries and used cars. continuing to rise. we'll get the latest from new york. also on our show, taiwan is economy faced, the shock waves of russia's war and ukraine, as well as renewed worries over a chinese invasion. and will visit our mania to see our small country in the call

cases of benefit from russia's brain drain. hello, the show. i'm from beardsley in berlin. it's going to have you with us inflation in the u. s. dep slightly in april. but the overall trends of climbing prices showed little sign of retreat. the annual rate of 8.3 percent for april is just slightly lower than the month before, which itself represented a decades long, high. and yet it's the 1st dip in price growth over the last 8 months in the u. s. a. despite the good news, the high rate of inflation is putting pressure on average american families with gasoline prices at record highs this month. you as president joe biden described inflation as the number one threat, the economy saying his administration is focusing on solutions. the bottom line is easy, easy lease bottlenecks and making our supply chains more secure is a major focus of my economic strategy. so things move more quickly, prices go down,

not up. you know, some parts of my plan. i've been able to get done on my own. i mean, just about congressional prove. some parts should be held up by congress. all of my plans focused on lowering cost for the average family to give them just a little bit of breathing. or let's go to our finance correspond. james sweeney in new york. james inflation slightly down, but this underlying dynamic seems unchanged. to put this figure into perspective for us already, here's the simple answer. inflation has not changed. yes. it's down from 8 and a half percent in march, but 8.3 percent still keeps it at its highest level. and more than 40 years, this inflation rate is kind of like me handing you a beer in a cracked glass and saying, hey, this glass is a lot better than that. shattered one over there. because inflation did slightly is an april, but that it is enough to make a huge debt. it did not. i remember this data was for april, it's may right now. and if i showed you current poultry, fish,

meat and gasoline prices across the u. s. that a on may 11th. i think anyone with simple math skills will look at the report and say, this is not true. which is her biden's say that easing bottlenecks securing supply chains that these are the answers. what is that? what is it mean by this? well, there's 2 answers to this. one is, does he even know what he's discussing? because president biden said that some parts of his plan. he's got done without congress his help. all right, so what is his plan? his plan is focused on lowering costs for the average family in america, just to give them a bit of breathing room, as he says, will speak to the american consumer nest than the prices have ease that all this here and, and ask them if they have more breathing room with more disposable income, and the response you likely get is this. you want an answer, pay me for my answer because i need the money. that's number one number to bite into something about easing bottlenecks and looser supply chains being fixed. while we're going on one and a half years of his administration being in power and has the worker shortage improved has inflation east or they're less cargo ships off the coast of california

has transportation costs been lowered? have wages increased? has the grid of cargo ship owners holding precious cargo hostage for ransom been punished? had the hours of operations at ports increased? the answer is the simple no, and the president has said easing these bottlenecks and making our supply chain more secure is a major focus of his economic strategy. we'll take those questions i just asked been easily answered. and i think anyone, again with a brain and simple math skills can conclude that if biden's economic strategy is working well, it can't be working and the markets know this. and that's why, despite a slight ease in the figure this month, inflation, the dell took another one percent slight today. all right, james sweeney. new york. thank you very much. and let's go to the some of the other little business stories making headlines. baker, france governor francois villa, is the latest e c. b member to assert that the european central bank will start raising interest rates. this summer. inflation and the eurozone reached a record high of 7.5 percent in april. you see the president christine la guard,

as also suggested a hike will happen sooner than later. japan has passed an economic security bill aimed at guarding sensitive technology. measures will stablish a system for secret patents to avoid foreign nations stealing innovations. especially those crucial for national security. it also allows the government to vet equipment, procurement, and industries such as i t finance and energy and growing tensions with china or janice chief financial officer, jorge gomez announced his departure from the roll just a single day after taking charge of the move came as his former employer didn't supply serona, disclosed an internal prob, related to financial reporting. the biotech giant majority has tapped, retired cfo david molina to take over until her replacement is found. ukraine has stopped transporting russian gas through part of its grid. the 1st, such stoppage during the war, the hub is close to the russian border,

currently controlled by separatists, according to gas t s, so of ukraine. it handles about a 3rd of the russian gas shipments to western europe. recent reading suggested russia was able to divert much of the gas from that hop. there are more than 7 and a half 1000 kilometers between the embattled ukrainian city of mario poll and taiwan capital, taipei. and despite the geographical distance to warn you, crane, and the subsequent sanctions imposed on russia are hurting the taiwanese economy. here's the w, zachary lea, with more talking to over his clients. despite being far from the war in ukraine, larry waste company, one of taiwan largest machinery manufacturers, is effect t j. so we cancelled the order from our russian client due to the sanctions. i hope this is only temporary, so there are also problems with cash flow and i'll just exit the wall. his disrupted global supply chains,

and there is hurting waste business. reason for woman shall order mother, for example, the shipping of a computer control special engine. we bought in europe has spend elaine, she is using this one has an impact on our production and machinery manufacturing of them to you. so also tongue, who hasn't the engine? larry is not alone. 70 intent. high one is firms have difficulties collecting outstanding depth. and now face the quantity issues, there's also higher gas prices in inflection. companies are paying more that a town i will miss taiwan is highly dependent on imported energy. i think i need to import oil and natural gas. so when the price goes up, they, of course, the impact on taiwan is huge. and it's not just the ongoing economic challenges. russia's invasion of ukraine has re ignited concerns of what

a chinese invasion could mean. while most low cost don't believe it could happen any time soon, potential effects are becoming clear. tougher powered or you can if tie, once chip factories are unable to produce the world production chain wouldn't stop all and our lives are your go banker, i'm tired or your computer. you a lot of a lot of things that i chips for will be effective up your info. this is i one dominance no was production of semiconductors. he produces molar, half the war chip using causing flows and the single something eat yes. and the next to me next, 92 percent of the most sophisticated designs in attack by china will cut off essential technology co good in human capital. by listener, something must and sharpeners in taiwan, including larry way, a worry to boat. they are still increasing their investment on the island,

and they don't believe china were embed taiwan. moscow's invasion of ukraine has drawn the ire of western nations and their allies is also spurred some russians to leave the country either out of opposition to the war or out of concern . the sanctions would make doing business more difficult. a year of on the capital of nearby armenia is among the places looking to capitalize on russia's brain tree . just a few months ago, kiera cruz mango and her family were living in moscow. but after the russian invasion of ukraine, her life completely changed power, forced upon them kind of server. i say it became more difficult to be in russia based on the situation after february 24th. ah, but our little bit of orchard, for many reasons, but morally, it was difficult, but also business really began to suffer. her recruitment agency specializes in eye

teeth and has lots of foreign clients. but after the west began imposing round after round of sanctions targeting the russian economy and banking system, it became clear that many clients would be technically unable to pay her bill. but i had an unambiguous choice because i didn't have a foreign passport then. and with a russian passport, you could only enter armenia, william bunker, kira and several colleagues now live in the capital yerevan, where they have rented a home and set up shop again. armenia is a small, landlocked country in the caucasus region, and government officials see a possible russian brain drain as an opportunity to beef up its economy. 520 companies were registered in armenia by russians in march alone, but made them log out of their boats as a on the world are many cities that are competing for talented people's thought. but he took a like a 0. and we believed that this influx of talented people into armenia will greatly

increase the competitiveness of our economy academy. is ill, it? sure and give us a greater impact touch on the world stage. re gotten. government officials estimate that nearly half of the 150000 russians who came to armenia in the 1st quarter of 2020 to intend to stay creating new homes and new businesses in the former soviet state. and finally, apple is saying farewell to the i pod, a device that up into both music and tech industries more than 2 decades ago. the technology jain announcing the current ipod touch will be discontinued. the ipod has undergone several iterations since its inception. first one, how to scroll wheel and a capacity to store 1000 songs. the latest version was launched in 2007, same years the i phone. but it seems that the phones mass of success has now ushered in the end of its popular 4 runner. now i want to call alba. is reminder.

the top is a story we're falling for. inflation in the us dip slightly in april with the annual rate of 8.3 percent just slightly lower than the month before you, as president biden describes inflation as the number one threat b u. s. economy, saying his administration is focusing on solutions. that's it for me. in the d. w team, find out more on line a d, w dot com slash business ross on youtube or the deeds of the news channel. ex watcher with only has a little bit of time left. bill reynolds life was taken by cancer after the u. s. nuclear weapons test in nevada. during the fifty's and sixty's, let his story serve as a warning to others about nuclear weapons and they're devastating consequences.

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