russian missiles have struck several parts of ukraine, including a hotel, ivy, eastern city of buck, mort, elsewhere. russians. russia says ukraine bonded jail in the occupies doe nets region, killing at least 40 prisoners of wolf claim. not be verified. that's it from me and the news team front oil about that free of the top of the all, i do not go, i ended up your businesses next with daniel whitson. look for more news that was all websites d, w dot gov l. f. as in berlin from me and the team to watch a lot of contrast of ambitions of inequality. 75 years ago, mahatma gandhi peacefully led the country to independence,

full of ideals. what is remained of his vision? what's the status of human rights and social justice in what's called the world's largest democracy? willie cindy ahead. it is the pulpit to unleash on violent pass and re imagine these teachings for relevance to gandhi's legacy. stuart to august 6th on the w. ah, the eurozone economy has shocked exports growing faster than expected. but under the surface, as a danger lou maker must speak to an expert and the chips down as u. s. president biden bets big on the home grown silicon industry. also coming up,

a study shows that russia's economy is worse off than the government is letting on will get the view from a man who is followed putin's plans closely for years. at that time again, d w business, welcome. so i got good news for you and bad news as well. on the one hand, the arizona economy grew more than expected in the 2nd quarter, 0.7 percent compared to the 1st quarter. the bad news, while inflation in the 19 european nations that use the euro has risen to 8.9 percent in the last year. that's a record. the biggest contributor to that is of course, energy costs. the cost of natural gas has left left 25 percent this week alone. well, joining me now is thomas ops trauma, the german economic institute. we can help break this down for us a bit. so thomas, thank you very much for joining us, a. let's break this down with g d p to start off with. are you surprised by that

0.7 percent figure. good afternoon and thanks for having me. i think the numbers look quite a more positive than the expected indeed, viewpoint. 7 percent growth compared to the point 5 percent and the 1st quarter of this year. but if you said they are moving in the shadow of those numbers, this is the figure years on which is comprised by very genius economies. and they are facing at higher risk right now, which would be a cut off of russian gas. so i think if you look at the sentiment indicators right now that if you rate the situation is very different from huh. some very, quite optimistic with nick seems being brought out and a group on the me. but somebody, i just a variety of factors that increase the downside risk for the economy. and as you said, they also increase pressure on the inflation rate. can you talk about these downside

risks, inflation with that increase in inflation that we've also seen released at the same time this a point 9 percent? figure out how resilient is the european economy right now? so the european economy has better city, has initiated an increase in the interest rate of by 50 basis points. and they have made clear that they are serious about the fate of price and stability of increasing prices. but it is also clear that they can only do so much because as you mentioned, the pressure we are facing. they are not. you are 2 factors in the labor market right now or in the economy itself. but they are due to factors that i don't know. so we are seeing the destruction of supply chains beginning of the half of last year. and then since the beginning of the year, we have seen that increase in price prices, especially with ya, greg of the wine ukraine. i've had more energy prices, speaking of gas or oil,

so like tricity. okay. and that puts a lot of it on the companies. all right, well, thomas, hope i hope we can get you on again sometime soon with some good news, but let's see about that. thank you very much. you're welcome. now to the us, which is long i'd, the rise of china has a high tech hub with suspicion more. so now that the world is in the grip of a global microchip shortage with companies throughout the u. s. clamoring for semiconductors, washington has decided to take action, green lighting, billions in aid for us producers who it hopes will help you as we take that number one spot in world wide microchip production. it's been a long time coming. the united states congress has finally passed the chips and science bill, which is designed to boost the us semiconductor industry. and that opened a new campaign in the chip war against china. the yeas are

243. the naser, 1871 member voting present. the motion is adopted. aiming to make the united states competitive with chinese manufacturers, the legislation will provide $52000000000.00 in subsidies for you as manufacturers and more than $100000000000.00 in size and technology investments from cars to cellphones, health care equipment, even to video games to day chips are the most critical production components. taiwan and open target for china has been the chip production her for the u. s. for many years. now, this is about the change as u. s. is opening in the front in the trade war against china and chinese aware of that sir is imposing restrictions and seeking the coupling will only hurt others and one's self alike. in the meantime, china stresses reliance on our own efforts to drive the nations development. yeah,

no restriction or suppression will hold back china, psychic development and industrial progress. hoover, president joe biden is expected to sign the bill into law soon. this will directly affect the course of global technological production for decades to come and moving on. now when russia invaded ukraine, 5 months ago, western powers slapped moscow with sanctions they hoped, would hobble it's economy. well, a new study out of yale school of management shows, i have says that russia now has an untenable position as a commodities exporter or imports that make up to 20 percent of russian g. d p. a. down by half since the invasion began. companies are leaving russia in droves or raising 3 decades worth of foreign investment. so his author's caution against overestimating russian economies resilience but it remains unclear of economic pressure alone can stop russia's aggression in ukraine. well now to

a man who knows all about putin's plans, john sweeney is an investigative reporter and author of killer in the kremlin about hooton's regime. thank you very much for joining us, john. how did put in get to this position that is in now of having the whip hand not only over russia, but of europe to because of 2 things. one western timidity in the 2nd western greed for a long time. the west people on politicians in germany, in britain, in the united states, kept on looking the other way when rather my bruton murdered people. he's a serial killer in my view, and the west kept on looking your way and letting him get away with murder after murder after murder, because we like cheap russian oil and gas. the city of london likes dark russian money and created a kind of fog machine. so this money could be hit and nobody knows who the,

who the true owners of this russian, that money is where it, where it actually is. and germany, in particular like cheap oil and gas, and one of the, one of the dark ironies of the war so far is as much money that the west is given to ukraine to help ukraine fight against the brutal invasion. we have given farm to russia to pay for its oil and gas and because because of the water putins down to the price of oil and gas has gone up. so. so yes, sanctions, but actually the reality is that you're in particular, germany in particular, has kept on buying russian oil and gas. no, obviously, this is an addiction which is hard to get off quick. right? absolutely. we quickly. yes, i mean we've seen with the north stream pipeline, for example, about germany bad take on that. and we've seen what's happened with that in recent

weeks while putting denies that the sanctions have done lasting damage to his country. but have they had an impact on his power base or among the oligarchs those who hold him in power through money preaching loyce so smoothly you cannot trust the worthy man said, i think it is true that sanctions have hurt and the specific things that we can look, all russians who just fix room reliable because the people who do know that if they displace the kremlin, they may lose their job and if they really displease credit, they may lose that line. so let's leave statistics aside and look at the observable world. one of the biggest, most important sanctions is that people count russians spun it much more difficult to move around the world. the oligarchy used to be able to park the yachts and the south of france, send their children legitimate or busted,

to fancy english schools. or even winchester or that is becoming much more difficult. it's still possible because they've got lots of money, but it's becoming much more difficult. rushing, come on your factors and now producing cars without airbags because you can't get the technology. the word is they're taking out chips from washing machines and putting them in. and so russian by drone so. so at least some of the targeted technical sanctions are working. my one question is, what's happening to the russian economy and it looks as though it's tanking by 20 percent. that's not enough to stop the war, but it's enough to send a message to ordinary russians. their leader, putin is made a catastrophic mistake. well, let's see whether that mistake will end up with him leaving, but it's not going to happen anytime soon by the looks of it. but we'll see, and you'll be watching that of course, john sweeney author of killer in the criminal investigative report. thank you very

much. thank you. now, over to bolivia, olivia is the home to the world's largest untapped reserves of lithium as a key component. now, electric batteries, though, it's several years away from extracting the valuable raw material. once it does, it'll need to import metals like nickel and cobalt to complete batteries. it a new. com may cut in the country is placing its bets on an electric future, hoping to expand the electric vehicle market in latin america. this startup is investing big. in something small, it's producing micro sized electric vehicles. less than what we need, adler for a total for electric building is the micro electric mobility, which is quite different though. is, can we be financing the car? can fit up to 3 passengers. it's top speed is 55 kilometers per hour,

but that's not a problem for quantum customers. they're not traveling long distances. and the benefits outweigh any shortcomings. none of them will mess i. m as away my electric bill was more or less 10 euros per month. and sometimes i go from here all the way to suck above that. as you look at, i keep a charge and use it at least once a day. you'll see notable the it's very low cost compared to a gas powered car and go so far my mom puts in 10 years worth of fuel in her car per week. whereas i put in 10 years per month on the didn't already nfl us man. it's cheap to run an easy to charge and the car can be plugged into a typical wall outlet. but it's electric batteries have to be imported. that's something to start up hopes will change. soon. bolivia sits on the world's largest deposit of lithium bolivia, as president is in favor of industrialize, in the indian nations lithium resources though many don't expect that to

happen until at least 2030 and experts still think the start up is headed down the right path in the meantime, we put a fever when both the evil, if this is a very positive undertaking, come and put it in because it establishes a precedent in the country though they get a precedent because it introduces and generates a market for electric cars a little a little south of collect these electric cars may be many, but their potential is mighty. as now, time for us to we charge. thank you very much for watching this business update from data with is the end of the pandemic in site. we show what it could look like will return in the normal and we visit those who are finding it difficult.

he sees his successes at noon in our weekly coping 19 special next on d w. if you ever have to cover up a murder, the best way is to make it look like an accident. raring to read. you've never read a book like this. literature list under german must reads, ah, ah, around the world, the pandemic has highlighted weaknesses and health care systems. patients in rural areas of india have been especially hard hit and poorly served. this week's coven 19 special looks at how a new initiative wants.