has western sanctions are biting across russia? asian sector will get an expert's view on how dangerous it is to keep western may planes flying there. chris kolber, welcome to the program. mounting debts as well as months of shortages of every day . goods have taken their toll free long as the economy has collapsed. prime minister renelle the crime, a single says the island nation apparently is even unable to pay for oil imports. the country has been struggling for months with high debt. tre lumpkins have been taking to the streets to protest in the shortages of food, fuel and electricity. and now lockers dire economic straits just took a turn for the worst. let's get the latest on this from our correspondent char mccarty, k a in delhi char, who should august prime minister says the economy has collapsed. what does that mean? well, chris, you know,

details. i get to franklin as to what exactly was the implication that the prime minister going to become a thing he was trying to drive home. but at this point of time, what appears very imminent is that he was trying to give out a message to the opposition because it's been over a month that he has been in office as prime minister, as well as spent financed. mr. and the opposition is writing, trying to really increase the pressure on him to deliver on his promises. so he only mentioned that the country is completely out of cash to pay for any imported oil. and that was the only implication that he tried to drive home. but apart from that, it looks like a message to the position that it will take time for him to delivered on his promises. with apartments says lanka is unable to pay for oil. what impact is this going to have? well, a chris, it's likely to have a cascading impact on the economy because oil will not be available for all the

essential supplies. and apart from the supply chain, the distribution mechanism across the country will also collapse if there is complete absence of oil. now now we know that the economy is in heavy debt right now. silica has already defaulted on its international commitments in negotiations with the i, m f as well as the world bank for a bailout package. it is also planning a donors conference. so of the, the, the impact of 0, availability of oil is going to have a sort of a cascading impact on the economy, chris, and amid all of this, a charl. how does the government want to stabilize the economy in sri lanka? well, chris, there's no clear cut plan that the government has been able to present so far. in fact, what the prime minister has regularly highlighted is that this is a very big challenge. this is, this is a challenge that had not been taught off so far. so right now they're only relying

on international assistance. for example, there's a $4000000000.00 credit line from india. then the prime minister has called on india, japan as well as china, to have mail that out international institutions like the world bank and the i m f to give some sort of a package to fill anchor so that at least basic cache is available to help the economy, chris charo, cartucker, a correspondent in delhi. char, thank you. deviation. an aerospace industry comes back into focus this week as the 2022 edition of the isla air show opens in berlin. while the central topic of the show will be the development of the sector in 20 years, it's present and near future prospects are riddled with uncertainty. the russian invasion of ukraine has slowed the post condemning recovery of the industry on a global level. but well, international airlines have been minimally affected har, sanctions and isolation. f had russian airlines, the hardest impacting both cargo and passenger traffic. russian airlines are

currently banned from flying to most countries in europe. and america is the start of the war due to sanctions companies like aero flood or 7 cannot receive spare parts and updated service manuals from companies like airbus. boeing or other western suppliers raising worries about the long term safety of the russian commercial and car. for more on the state of the russian aviation sector, i'm now joined by steven. right. he's an industry professor, specializing an aircraft engineering at temper university and philip, welcome to d w. steven, the european union aviation, a safety agency says it is very worried about the state of western made aircraft flying in russia. do you agree? yes, i do. actually. i think the a also has made a very good judgment co understanding the aircraft all across the maintenance

that's done to a specific standard. and if aircraft they're operated outside of those standards, then this is a safety issue. let's take a look at rushes, maybe most prominent carry here aero slot out of it's 187 planes, all but 10 are made by air bus and boeing which cannot service these aircraft anymore. what does that mean? how do you keep these planes are ready to fly? that's a really interesting question and a big problem for anybody operating in an isolated area. effectively, what they have to do is try to find pops from somewhere. and that's a massive problem at the moment because all that stuff goes wrong with them all the time. so you replace the parts that work and the problem with rush or at the moment, is that not legally allowed to buy any space from anywhere. so where did they get

the bits? even if they were able to take the boxes off the parts off and fix them themselves, the pipe work will be incomplete because it will be maintained and done by stuff that's just not recognized. and this has a massive effect on the whole of the aircraft industry. so basically you're saying even if the people in the russian aviation industry are able to fix the problem right now, it could mean trouble down the road. massive problems, for instance, this plane, these planes, the $500.00 planes, the all being quarantined in russia, none of the paperwork is now going to be compliant. so all the pipe works is held by the lease or so these are the russian airlines. and if the paperwork's not complete at the end of the lease, you, you really struggle to give the aircraft back to the bank. and then the next person

that rents the leases the aircraft, they're not going to be able to lease it because the paperwork's going to be incomplete. stuff will be done. that hasn't been done in accordance with lowes. that's why i be ocean. so safe. everything is so well controlled, there are no deviations. it aviation has a strong history in russia. what sort of future do you see for the sector in the country? well, this is going to have a massive knock on effect because effectively which bank is going to want to lease a $102000000.00 us dollar asset to a country when they know that they might not ever see their asset come back at the end of it. once the lease is finished, so where are they going to get the planes in the future? but it's a massive problem. steven right aeronautics professor at the temporary university in finland. steven, thank you for your time. thank you. and staying with the asian sector past

lockdown, travel enthusiasm among people here in europe could be seriously changing the summer. due to a serious staff shortage at airports or reporter went to the door from the west of germany to gauge the mood among employees and travelers. the departures hall at to so door airport, passengers going through security screening have to be patient. it can take more than 4 hours. seems like this have occurred often in recent weeks, causing hundreds to miss their flights. would be disappointed. very disappointed. because her on because i paid money, so i liked my services to be fulfilled, man, not by what i'm fluke up. my neighbor works at the airport and he said it was because a lack of security personnel and that's stupid. but if you pay

a lot of money for your flight, so it's annoying if you miss it out. but especially since they laid off security staff during the pandemic clinic, dominic will will not side a spokesperson for the german aviation association says the chaos at german airports is unfortunate, but little could have been done to prevent it. because what happened to me at the corona virus pandemic has presented the industry with major economic challenges. unfortunately, staff reductions were necessary up. some of them found jobs and other sectors. at the same time, after 2 years of the pandemic demand for flights as a sword. and cove at 19 restrictions were suddenly lifted. so it wasn't possible to plan properly for the re launch. what mr. gala, jose taryn has a different view. the aviation expert advisors, members of the verde trade union, who work for security at dusseldorf airport. the stop, the ugly phosphate is ultimately responsible for this task,

but puts it in the hands of private security companies. and of course, they want to earn money and if they're not social organizations and how can you cut costs by keeping staff levels low? we have a serious staff shortage, especially in passenger screening. one of those all passengers have to pass through security, but not enough people were hired as well. so now you're seeing the results doesn't that you done? doug also has o t and one major problem is that anybody working at the security screening for on the apron has to be trustworthy. the required background checks take at least 6 weeks, usually longer. so it's not possible to simply hire extra staff. it's a problem with dramatic consequences. as a security screening employee at a german airport explains, he wants to remain anonymous. you see the huge crowds of people in the terminals at some point. it's not possible to keep up like when we have to take a break. that isn't always given to us by the federal police or our employer. they

just want to keep passengers flowing through security. and then air safety is no longer guaranteed. meanwhile, germany's leading airline. lufthansa blame sluggish ground handling for the recent cancellation of almost a 1000 flights. anybody hoping to fly in the coming weeks when need to be patient and not to some of the other global business stories making news. the supreme court has rejected a buyer bid to shut down thousands of losses related to its round up weed killer. the decision also leaves a $25000000.00 judgement in place for a california man who says he developed cancer after using round up for years. to make our frosted flakes a go, wobbles, and pop tars is splitting up into 3 new companies focus and serial snacks and plan based foods. the spin offs are said to be completed by the end. the year,

kellogg's saw that sales of over 14000000000 dollars last year with the vast majority generated by tesla c o. u long must hold the katara economic form that the electric car maker is looking to trim. it's a salaried workforce, but increase the number of hourly employees. mister musk saying up to 10 percent of workers drawing a salary could be laid off over the next 3 months. the total head calendar reduction would be around 3 percent. and that social thanks for watching ever self a successful ah ah with

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