trust in the past 20 or more than 20 years old, does match dimensional t vita and we want to carry on with that one for the even the most affordable level things are excellence and be want to act as a bridge to find a way back to that at once this crisis is over. in dixon dixon. russia has questioned the long term future of the i ss, but for now the program continues up to date. here i'm did of the news business is up next with steven busy people in trucks injured, one trying to flee the city center. more and more refugees are being turned away. families, please see the reason for these credit on its way located. administrative people fleeing extreme drought arrived carrying 200 people. hassan from the

juicy around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, ah, it's joe biden's top domestic priority. he says. but can he bring us inflation to heal any time soon? new figures show little sign of a lead up with prices for energy, groceries, and used cars. continuing to rise, we'll get the latest from new york. also on the shows, high winds. economy faces 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 how

a small country in the call cases of the benefit from russia's brain. drake, hello, welcome to the show. i'm see from beardsley in berlin. inflation the u. s. tip 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. despite that 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 biden described, inflation as the number one threat to the u. s. economy saying his administration is focusing on solutions. the bottom line is easy, easy, least 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 approval. some parts are being held up by congress. all of my plans focused on lowering cost for the average family to give them just a little bit of freedom. or let's go to our financial, corresponded 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 in more than 40 years. this inflation rate is kind of like me handing you a beer in a cracked glass and, and saying, hey, this glass is a lot better than that. shattered one over there because inflation did slightly ease in 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 to securing supply chains that these are the answers. what exactly does 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 year. 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. gus, i need the money. that's number one, number 2 byte and is thinking 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 answers, the simple know, 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 the 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 in inflation, the dell took another one percent slight today. all right, james, when you 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 is the latest e c. b member to assert that the european central bank will start raising interest rates this summer. inflation euro zone reach to record high of 7.5 percent in april . you see president christine le, god as also suggested a hike will happen sooner than later. japan has passed an economic security bill

aimed at guarding sensitive technology. the measures will stablish a system for secret patents to avoid foreign nations stealing innovations. especially those crucial for national security and also allows the government to vet equipment, procurement, and industries such as i t finance and energy. and the 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 den supplies serona disclosed an internal prob, related to financial reporting. the biotech giant, well, darren 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 hobbs 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 readings suggested russia was able to divert much of the gas from that up. 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 ty, ones, 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 logistics of the wall. his disrupted global supply chains, and that is hurting race business. we thought woman,

some auto mother, for example, the shipping of a computer control special engine we bought in europe has been delayed. she is using this one has an impact on our production and machinery manufacturing them to you. so also tongue who hasn't the engine? larry is not alone. 1710 taiwanese firms have difficulties collecting outstanding depth. and now physically we to t issues. there's also higher gas prices, an inflection companies are paying more that a town as our 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 and tired of your computer. you a lot of a lot of things that i fire chips for will be effective up your info is, is i one dominates the was production of semiconductors. he produces molar, half the war chip using causing was i'm the single something me. 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. it's 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 yet 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 our force above the credit server. i say it became more difficult to be in russia based on the situation after february 24th. ah, but i little bit of orchard for many reasons. the morally, it was difficult, but also business really began to suffer like 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'm, 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, kiera and several colleagues now live in the capital yerra van, 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 legit. got other boats as a under world 0. many cities that are competing for talented people's thought burrito but you deserve are. and we believe that this influx of talented people into armenia will greatly increase the competitiveness of our economy. economy is

zillow, with sure, and give us a greater impact touch on the world stage when 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 the 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 had a 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 as now ushered in the end of its popular 4 runner in that great half i want to call alba. here's a 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 u. s. economy, saying his administration is focusing on solutions. that's it for me. in the d w team, find out more online at d, w dot com slash business ross on youtube or the dw news channel. espn watch app with the international regional korean thousands of funds from broad me skin, eyes fighting against pontoons. we a company come from south america and sondra from new we've been allotted on me down dimly to the front return on certain focus on europe.

next on d, w. and to conflict with tim sebastian vladimir poacher, whose victory day parade in moscow brought no sign of the war in ukraine, is coming to an end. russia's leader flaunting his power. and these weapons and blaming the way for his invasion. but will the rest ever deal with him? again, a question to rouse. thank no more social democrat memo for jem bundis. todd, who joins me this week. conflict zone. in 60 minutes on d. w. o. p to the world over to d. w on facebook and twitter up to date and in touch. follow us. sometimes a seed is all you need to allow big ideas to grow. we're bringing an environmental

conservation to life with learning pass like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing. download it now. feel free. ah ah, this is focus on europe. nice to have you with us today. it's been more than 10 weeks since russia invaded ukraine, though poor and may have expected a blitzkrieg. his army is advancing slower than many anticipated meeting. a fierce resistance from ukrainian forces and volunteers from abroad are signing up to fight

putin's army up to 20.