also military mobilization and the preparation of so called referendums in ukrainian territory. a foreign affairs chief jasa boiled for the use of the measures would focus on individuals as well as certain sectors of the economy. there would be the 8 package of sanctions against russia. all people, moral was speaking in new york, after meeting of you foreign ministers on the sidelines of the un general assembly . and from on this, we welcome all of the stand go to the show. he's an economic advisor. it's a lot of me zalinski, president of ukraine. mister st. go, thank you for joining me here. terrific. i want to begin with these sanctions or the discussion of new sanctions with this escalation that we're seeing from putting in terms of language in terms of mobilization. can we expect, do you expect that to sharpen e resolve for sanctions? or do you expect to see a lead up as we near winter and colder temperatures? look, now i think that is very clear for everybody. the war now reach russia and he's,

the regime or the preaching regime is conducting against us is not just our war. it's war against all of us. it's war against europe, and it's also war against the civilized world. from this point of view, of course, we have to understand that our military are doing the best they can do on the battlefield. but there is another battle field than this. another battle field is everything related to sanctions. and from this point, if you're what we would expect after those staffs reach around that they can buy a mosque. quite recently, we are expecting more sanctions. and more precisely to tell about sam, since i would say that we are expecting sanctions, which really, really hit russia in terms of their financial revenues. what happens we have 2 stops and then by the money to let the mirror put in. and his regime reach means for me that we have to stop everything in relate that to trade in russia in

terms of energy. so energy sanctions, this is what is desirable and what we would love to see in the package. number 8, this is really needed and please keep in mind that the russians are receiving the main source of their revenue from energy sector. it's more than 40 percent just from oil there receive in between 35 to 47 percent. let's say up to 40 percent, just for an oil. that's why it's all very important the you could say, look, we've agreed to the importance of coal, which is already put in place. we've agreed to in oil imports later this year. and that natural gas is no longer as much of an issue, because russia itself is already reducing flows. what more can you expect if you can point to those things and say, and say we've already taken steps, right? the steps are already taken, and yes, it's through that embargo there. oil embargo is going to be imposed since december fif. it's also true that we are working on

a so called bryce mechanism price gap for russian oil. but in fact, it's going to be embossed a, my understanding is also since december 5th. this is definitely not the, not please, please keep in mind that every day russians are receiving from their energy somewhere close to 1000000000 euros, 1000000000 euro, and the war they are conducting against all of foss, quote them for their budget, approximately around 750000000 euros, meaning that we have to got all of them from there. but let me also tell you that when you're talking about the coiling call industry. yes, it was already in boston. barbara, but as we can see, just recently the worst kind of some flexibility which you already showed in change is guidelines. exactly, exactly. this is not just acceptable. look, our people are still just to clarify real quick that you changed its guidelines to allow you shippers to ship russian coal to 3rd parties. that originally was not

part of the sanctions. but that was changed recently that you saying that it's necessary for global security. i'm sorry, go ahead. yes. and we think that it's just not acceptable. just not acceptable. so . so basically the position is not very strong as it's supposed to be in dos of yes, it's also true. yes, you're absolutely right. europe is less dependent now on russian oil and russian guest, but also to that never, never, never, never again, russia is going to be a reliable source and it is. so we have to prepare europe. now. now europe have to be prepared for those non reliable energy sources now, so it means that that should be and that they can. now despite the same time europe is about to enter winter temperatures are already colder. here many businesses and households are switching from gas fuel teeters to fuel oil heaters. so if there's suddenly a, an embargo on oil tomorrow, potentially prices go up,

they're facing higher prices. how do you respond to that message when people tell you, and i'm sure you've been hearing this, we're not ready to sacrifice our comfort or, or it's just not sustainable price wise. that is a legitimate concern here. but how do you, how do you address that? i would say that 1st of all, when we are talking about oil prices, it just not the case. when we are introducing the price gap, it's very likely that they're going to be even not sure. look, look, we heard a lot of talks all over europe and in the world in terms of, if you are going to impose, you know, anything, any embargo related to russian oil than the prices are going up. just dramatically rocket sky and, but it did not happen and look, what are the prices for energy now they're on their level, let's say off around the $100.00 per barrel full brand. and even now, when sanctions are not still in place for energy sector, we can, we can,

we can observe the russians are trading with their oral, with a significant discount. so, but it's also true that now in europe, you have enough storage us to go through this when they're in terms of gas in terms of foil, in terms of all other energy sources on the top of that. please also keep in mind that if here, if he you are talking about want to sell, says below, compare is what you had before in your apartments. please also think about our people who are leaving is old heating at all. you know, at all, i wanna switch gears for a 2nd and ask you in a month, there's going to be a major donors conference here in berlin for ukraine. how important is it to convince potential donors and creditors that ukraine continue to have military success? how coupled, how closely coupled is that with your appeal for more money,

frankly, let me be as frank as possible here. look, be, have to understand that when the economy of the ukrainian economy was destroy and a steel destroying it because it's still on their backs of ration. of course, our budget is not experience the best time initially we were planted. that is going to be a budget deficit for whole the year 7500000000 years. now we have this monthly deficit off around 5000000000 europe, the monthly deficit. obviously we need to, to continue our economic to be run in. so this is for sure, because again, we have 2 different france, we have one front which is an actual battlefield. another front which we have is an economic front. you're printing more money right now. how long don't sustain i? i'm not talking about that. i am asking for more money. i'm asking that, you know, you have to believe for what was promised before. and we are coming to the new year

. meaning that we still are going to have a budget deficit. our economy is doing a little bit better now. compare the 1st months of the invasion, but still we are expecting that there's going to be a budget deficit on the level of $40000000000.00 euros next year. and it means that if you would like to read this war and i'm sure that we need to be in this war more or where we need to be in this war as soon as possible, right? it should finished as soon as possible. then we have, you know, several simple requests, we need more weapons and we need more ammunition. we need money to finance our budget deficit because we need to pay so into that. you are in discussions right now with the i am out about what you want from them. you want to specifically especially tailored program to the tune of 15 to 20000000000 euros for ukraine from the i am out the you also believe will help stabilize finances bring in more support. there's been some hesitancy from the i enough to support aside in a war,

essentially to, to, to potentially throw its weight in one direction. if it's not sure who's going to even when this conflict, how are those negotiations, those talks going and how do you overcome that hesitation, luca, let me be very clear in our minds, we don't have even that questions who is going to ruin this war? it's actually not the conflict, it's a war. and in our view, we are going to be in and everybody understand that we are going to be in this war . and even if you can look at our latest development on the battlefield, it's also very sure that we are winning this war. and also true that we need to keep an integrity, a unity among our m on our allies. and it's also true that we are in consultations than even i would say that the technical consultations. now these i am at the and i was like going, what are you hearing from there? so optimistic about it, the very optimistic about the that site that negotiations are going, the prime minister already made several statements related to the c issue. we are

expecting the mission of fi m, f, so we are moving forward there a but it's also true that you know, finance and current needs are extremely important, but you are talking about the conference which is going to take place in berlin. extremely important, just extremely important, and i would say that we have to think in terms of 2 different horizon. the one we're, the 1st one is a shuttle horizon and the some horizons, i would call it a fast track program for a fast track recovery program. these are the, you know, the, a ukrainian re how we call it in ukraine. look, we have hundreds of thousands people who just do not have roofs above that. as winter approaches in t is approach. and exactly, then we have critical infrastructure, destroyed some critical infrastructure needs to be re bad, right. the range of destroyed some power plants as they've been moving out of these areas. absolutely. but then of course, the 2nd part of the discussion is everson related to rebuilding of rain,

but the voice still go and that's why actually the sooner we finish this war, the sooner we got our common victory, the better we are going to be in the future. and less money actually, we are injured. $50000000000.00 price tag. that's the estimate for rebuilding right now. and ukraine was $100000000000.00 worth of physical damage alone. i want to ask you finally to wrap up. are you, are you optimistic or are you pessimistic? as you go around europe and you talk to your opinions about your needs and what you're pressing them for in terms of numbers, 358000000000 years dollars. those are already verified. how were the price that might be much higher and the war? keep in mind that the war is still ongoing. so the price that if you include in their direct and indirect cost, might be as high as 13 land years, dollars or yours. if you are talking in terms of attitude of people here, i would,

i can insure you that may, majority of germans, majority of europeans are in favor of to leave it there. that was all og cinco economic advisor to you training president louder. miss lensky. mr. banker, thank you very much for joining us. so i can tell you so appreciate your time. thank you. thank you. and that's it for us. thanks for watching. mm. ah. with

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watch it on youtube. ah, this is the w news, live from berlin, the international community, close these ranks against russia. they had to be un warned against dangerous developments in the war in ukraine. the u. s. and its allies will press for tougher action against the crime, and russia and ukraine trade prisoners and the biggest swaps since the war began. moscow release is about $200.00 ukrainians and many of them heroes of the fiji. mateo, paul, i'm keith gibbs up. 55 russians including a prominent allied vladimir.