for i'll let you go, has a quick reminder of the top story with following for you. take, he has blocked talks on finland and sweden joining nato. president. wretched tie up, add on, accuses the 2 nordic nations of harboring kurdish terrors. at that from me, after a short break, roblox is here to take you through the business use and the u. s. is calling for terrorists on russian oil in the meantime, this always the website's d, w dot com. and don't forget to follow us social media apps. t w's allows and berlin for me, and the team watching people in trucks injured when trying to free the city center more and more refugees are being turned to way families playing phone tag with people

seeing extreme around around 200 people around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. w. made for mines. ah, ah, the u. s. search is allies to slap tariffs on russian oil. but moscow claims such a move would be self destructive, will look place at the american plans and rushes currency appears to have bounced back from its post invasion slum, but is the recovery. oh,

that it appears to be a state of business on robots in berlin. welcome to the program. we begin in moscow where the kremlin is wanting the u. s. that a proposed tariff on russian oil would mean higher prices for buyers. a government spokesman said it would force importers to seek alternative suppliers as well. if all his comments from us treasury ship secretary, janet jaelyn, he said tariffs would be combined with a phased embargo on russian oil. the proposals are set to go before g 7, finance leaders this week or more on that. let's tend to our financial correspondent state side on wall street for, as is teddy austro teddy is janet jaelyn and the united states actually gonna be able to persuade g 7 member states to stop importing russian oil. well, rob, it actually may not be

a question of persuasion. europe wants to rid itself of russian oil. the question is, how is it going to do that? european nations are many european nations are greatly dependent on that russian oil. so when the us treasury secretary agenda jaelyn comes in and proposes tariffs, well many you don't find that very helpful. we even see grumblings among some diplomats that it's just complicating and incredibly complicated process. and this seems like it's exposing some economic fault lines. and what was supposed to be a united front against russia in its invasion of ukraine. it's clearly a lot easier for the u. s. to stop him voting russian all than, than your because input so much less of impacts already stopped inputting that russian all. how's that? how's that working out? yeah, well, let's take a birds eye view, europe, 30 percent of its imports of oil come from russia. the united states that figure is 3 per cent. so it's much easier for us, for the us to make up that deficit. what does that mean?

the u. s. is not susceptible to rising globe oil prices? no, of course not. this is an issue of global supply and demand, and we and consumers in the us are seeing it at the pump. gasoline prices have reached $4.00 a gallon 6 dollars a gallon in california. i don't know about you raw, but here as an american in the united states, that is just ridiculous figure that i have personally never seen before. indeed, and prices here in europe, all rising in a way that people haven't seen for very long time. teddy, australia, new york for us. thanks. and the sanctions already in place against russia are starting to bite and hard. moscow is warning that inflation could hit 23 percent this year, and the economy is expected to sink into recession as well. for ordinary russians, the international assault on that countries finances has become planed to see. the

clearest sign of american and european sanctions against russia can be found in the shopping centers, where the store fronts of many western companies are closed. the popular u. s. fast food chain, mcdonalds is completely pulling out of russia after nearly 30 years in the country . others such as pepsi, starbucks and ikea, have also shut down their operations with no plans to return in the foreseeable future. meanwhile, prices especially for food have risen enormously. but the ruble exchange rate has staged a surprising recovery. at the start of the war, the value of the rubel plummeted dramatically. but intervention by russia central bank allowed the exchange rate to stabilize again, making the ruble now stronger than at any point in the past 5 years. the central bank was initially unable to cushion the fall in the exchange rate. its foreign currency reserve stored abroad were blocked, but the state quickly forced russian companies to exchange 80 percent of their foreign exchange earnings into roubles,

helping to stabilize the exchange rate. besides the export of oil and gas continues to bring hundreds of millions in foreign currency daily to moscow. other sanctions are taking effects. the damage has fallen short of the total economic collapse that some have predicted for russia. i asked vasily asked off from the vienna institute for international economic studies. why that was the collapse takes time. the thing is that the full impact of western sanctions has not been out yet. normally you would expect the immediate impact from financial sanctions, but these are precisely the sanctions for which russia was reasonably well prepared . russia is much less well prepared for trade sanctions, which are more of a long term nature. and the full impact of those trade sanctions is yet to come. i expect in the course of this year, the 3rd quarter, 4th quarter of this year. this is the time. well, the full impact of trade sanctions will be fully felt. and what is that impact

actually going to look like and how's it going to feel for russians experiencing that impact? i expect for 1st of all big drop in industrial production. the thing is that the important bar goes experts in bio goes a lot of them and they will contribute to a collapse of value chains, collapse of production of many goods. we have, we already see the impact in the car interest industry, for instance, of the kind of running of parts of the components. and the cost reduction has already declined by 70 percent in russia. and there will be a similar effect in many other industries. there are many russian industries, crucially dependent on them in parts of west, on inputs and the equipment. so once this western equipment

doesn't come, it will be much more difficult for the rational economy to operate. it will take time, maybe a few. yes, i'm still alternative suppliers. i found out until ration managers to produce many of these goals itself with all parts and components. but in the meantime, the russian government can point to certain signs that suggest, you know, the sanctions on having that big impact. and you can look at the value of the ruble, which is actually higher than it was before the invasion, if you crane. and also russia continues to be able to, to services foreign debts. how much can we rely on those as signifiers of the impact of the sanction? so well, there are 2 reasons for this trend for rational. why is that? why raging capital controls which have been imposed by the rational central bank? this has been a very competent response, and of course these measures this drastic measures. they have been helpful in

keeping foreign exchange within ration. so this is one factor which has supported the value of the rational and another factor, which is also very important. that is the collapse in parts. so i've already mentioned this trade sanctions. they have already let collapse in parts so that our data, for instance, there are statistics mirror statistics which suggests the current impulse from germany. a decline by 60 percent inputs from the united states decline by even more than 60 percent. so that means that actually there is much less money, much less foreign currency needed to buy imports. and that is also the reason why the demand for foreign currency is not very strong, at least from this point of view. and this is also a factor which is supporting the value of the russian robot. ok, so he'll remains to be seen really what impacts the sanctions are going to have,

but the russians can expect things. so to get worse con, they've actually astro from the vienna institute for international economic studies . thank you very much for joining us. you're welcome. next for you, nations have announced plans to boast north sea wind energy 4 times 520-3010 fold by 2050. so part of efforts to me the european union goes on carbon emissions reduction and energy independence. the leaders of germany, denmark, the netherlands, and belgium announced the plans in a joint meeting on wednesday. it comes as the european commission presented plans to spend 210000000000 euros to help develop renewable energy projects. me or the you doesn't want a sudden stop to russian gas deliveries, but it does want to phase them out as soon as possible. that means finding alternatives by a gas is looking like a likely candidates. but e u countries are taking different approaches to upping their production and

getting very different results. the worry over high fuel prices is laughable to horse died f. he produces bio methane, a kind of renewable natural gas for $23.00 petrol stations in northern germany at his bio gas plant. he's invested in this plant to turn corn and manure into energy . he's also looking to use organic industrial waste. eulissa, we buy a gas plant operators want to use new materials and to do so we need permits. that takes 3 years. it's unacceptable. if we streamline the process, we'd have 80 terror, what hours generated from waste. with current capacity that would replace 40 percent of the russian gas we currently use and from woodson was. but bio gas plant operators must adhere to strict regulations. they're not allowed to use any organic waste from restaurants. supermarkets, coffee rosters or grain mills and environmental activists criticize them for taking up too much land to harvest energy crops for bio gas on the lights.

yes, we already dedicate too much surface area to energy crops and to keep expanding it . that's already 6 percent of germany's national territory. it makes absolutely no sense. asthma to reasonable help comes in in neighboring denmark. it's deep pocketed energy companies who operate bio gas plants, bio methane, is pumped directly into a nation wide pipeline network, thereby replacing natural gas imports. farmers sell their organic waste, such as flurry and manure to bio gas producers and earned money doing so. in contrast with germany, the centralized bio gas plants produced by o me thing more economically. dozens of types of organic industrial waste are used and far fewer energy crops, such as corn. as we add the potential of making 4 times as much as we do to day to day 5 versus 25 percent of the danger guess consumption. so make the

photos voids 100 percent so we can support to all need for gas and, and look, there's just too much red tape. according to german bio gas producers saying it holds them back from making a contribution towards germany's independence from russia gas now. so from man, the business seem heron, berlin from all from us, do you had to our website data, we dot com slash business, and also you can check us out on the d to be in use youtube channel. and we're also on facebook as d to we don't business till next time to get into the conflict zone with tim sebastian as the kremlin began its war against you, crated force. but closure brushes, laugh independent media outlets to secure absolute control at the public narrative

about the invasion. but did it work? my guess is week is the catherine project causes news editorial present on one of the last channels to be shut down. conflict zone. next on d, w with queer in the bottom, it takes a lot of courage. they frequently encounter violent and discrimination. but more and more queer people want visibility and to leave their own lives. a cultural shift is underway in the region. the fight for equality has to be done in 45 minutes on d, w. o. william, how to think on. it goes on dollars when i and how, you know,

if i had known that the boat would be that small, i never would have gone on the train, but i would not to put myself and my parents in danger. you got in the middle for that. he was leave who love on centralized london, liberty to give him i had serious problems on a personal level and i was unable to live there. but let him go to, ah, you want to know their story. migrants clarifying and reliable information for migrant. me. as the kremlin began its war against ukraine, its force for closure, russia laughs, independent media outlets. the aim of course, to secure absolute control of the public narrative about the invasion and the cost of it, but didn't work. and what about the people defying that control.