from out in ramsey brought to glasgow from event to some had much fanfare in january to give the germans the advantage on columbia's borreo made his 2nd big contribution of the night, keeping his coolin the heat to give frankfort just their 2nd european trophy and their 1st since the u. f. a cup in 1980. no surprise it went down pretty well. coleman germany in watching d. w. new is coming up next robot has your business news? looking at the u. s. polls taurus on the russian hill. i money keeps mckinnon. thanks so much for being with with josh, please. listen carefully.

don't know how with today go. ah, feel the magic discover the world around you. ah, subscribe to d w documentary on youtube. ah, the u. s. search is allies to slap tariff some russian oil. but moscow claims such a move would be self destructive, will a place at the american plans and rushes currency appears to have bounced back from its post in asian slum,

but is the recovery. oh that it appears to be a state of a 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 bias. the government spokesman said it would force important 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 have financial correspondent state side on wall street for as is teddy australia. teddy is janet jaelyn in the united states, actually gonna be able to persuade g 7 members 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 janet ellen comes in and proposes tariffs, well many 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 in what was supposed to be a united front against russia in its invasion of ukraine. it's clearly a lot easier for the us to stop importing russian all than, than your because input so much less of impact already stopped importing that russian all. how's that? how's that working out? yeah, well let's take, 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 percent. 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 lube oil prices. no, of course not. this is an issue of global supply and demand, and we and consumers in the u. s. are seeing that 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, but it 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 had predicted. for russia, i asked vasily astro from the vienna institute say 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 that you needed the 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 out. 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 us to go big drop in industrial production. the thing is that important bar goes experts, embargoes 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, that the kind of running of parts of the components and the cost production 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 ok, inputs and equipment. so once this western equipment doesn't come,

it will be much more difficult for the russian 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 the schools itself with all parts and components. but in the mean time, the russian government can point to certain signs that suggest, you know, the sanctions on having that being an 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. that how much can we rely on those as signifiers of the impact of the sanction? so well, there are 2 reasons for this dreadful rational. why is that? why dredging 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 that for instance, in park from germany, a decline by 60 percent imports 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 currencies 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 think 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. it's all part of efforts to meet the european union's goals 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 candidate. 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 horses. i that 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 maneuver 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 ours generated from waste, with current capacity that would replace 40 percent of the russian gas we currently use from watson gas. 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 number lights.

yet 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 hope kinds in, in neighboring denmark. it's deep pocketed energy companies who operate bio gas plants by o me thing is pumped directly into a nation wide pipeline network. there by 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 crop, such as corn. as we add the potential of making 4 times as much as we do to day to day 5,

this is 25 percent of the things. so guess consumption so make their thoughts are going to 100 percent. so we can do 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 maine, the business same here in berlin, from all from us, do you had to our website d to we dot com slash business? and also you can check us out on the data. we can use youtube channel and we're also on facebook as d to week dumping till next time to get caught . red handed massive ships dump poisonous waste water into the world ocean accused. and n g o is investigating 1500 cases in the u. waters alone, or but were there consequences, deceitful cover up tactics,

ensure huge profits for those responsible made in germany. next, d, w. ah, with one of main kinds, oldest ambitions could be within reach or what is it really is possible to reverse aging researchers and scientists all over glocks if they are peers and rivals with one daring goal to outsmart nature for

a longer healthier and fuller life. one of the most insightful discoveries in the history of mankind down the hatch. more life starts may 28th on d, w. ah, ah, ah ah ah, ah, it's a sad story and a devastating.