ukraine cruise missile attacks, the capital keys and other cities acute at least 11 people. you as president biden calling the attacks outer brutality and germany is promising to speed of delivery to ukraine of a long awaited air defense system. the government says that the 1st anti missile battery should arrive within the day that ukraine has been waiting to receive the system since june. you're watching the w news been pursuant as up next to the w business news. i will be back tomorrow with enjoying the view she come. take a look at this tv highlights every week in your inbox. subscribe now. several dead and right wing extremists and tried to regression again. well,

we in couple of late and burned in south africa, people with disabilities more likely to lose their jobs independent, make black lives matter. shine a spotlight on racially motivated police miles. same sex marriage is being legalized in more and more countries, discrimination and inequality, or part of everyday life. for many, we ask why? because life is diversity. to make up your own mind. d. w. lead for mines. ah, the moscow stock exchange plunges, it follows the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine. but also a key economic link can no way come to the rescue and how a europe,

through the winter and beyond with liquefied natural gas. and we introduce you to the latest nobel prize winning economists and their model that explains why bank runs happen and the need for regulation. i've been fossil and let's do. business. geopolitical tension continues to keep traders on their toes in moscow. on monday, the stock exchange tumbled 12 percent. the reason was the weekend explosion, that partially destroyed europe's longest bridge connecting crimea to russia. it over the open to 2018, the price tag over 4000000000 euros. the pet project of russian president vladimir putin was a boon for year round tourism in the black sea resort of crimea until the war that is then it became a military supply root. the bridges rail link had also boosted commercial activity, allowing russia to brand pop exports. energy analysts, olga koch cova, is originally from nikolai of in southern ukraine. i asked her about the importance

of the bridge. several reasons why this bridge was a huge deal, both economically and symbolically after russia illegally occupied crimea, into the as in 14, this bridge was a symbol. this bridge was a trophy for russia in a way to demonstrate how russia took over this entire region. now, the economic implications of it are important to explain because what happened after russia's take over is a lot of the native and indigenous population like crimea. ta ta, for example, who supported ukraine and really did not want russia to take over the way they did . what either imprisoned, intimidated were sent to jail, were tortured, and a lot of them were afraid for their lives. so they ended up, a lot of them ended up leaving crimea leaving ukraine. so a lot of those houses russia illegally gave to russian citizen. so when we talk

about economic impact, that is really want to be clear about what exactly we're talking about here. and it's russian illegal russians illegally taking over infrastructure housing. and of course, you know, building out their own projects there, including this bridge and making it easier for russians to enjoy ukraine's land crimea to go on vacation there or for a longer stay and half an easy way to get there through this bridge. so that's, is that symbolic plus economic infrastructure in numbers. you know, i think like $40000.00 cars per day, we're going through that bridge out like 15 trains, at least a day. we're moving through it. so yes, economically, it was very closely tied to russia after russia illegally took that away from ukraine. as russia turns off, the gas tap to europe, norway is stepping in to provide liquefied natural gas. the replacement supplies

don't come cheap or but a colder winter could be coming. our way we said mux sunday to the use gas which neighbor the fossil fuels europe, desperately needs light deep beneath the ocean. this region is responsible for 3 percent of the world's gas consumption. the norwegian continental shelf plant from crews and pipeline operators are working around the clock to provide something that's now needed more than ever in europe. affordable gas. the biggest question is now whether or not norway will be able to share its riches and help out it's european parkers. we travel to norway to find some answers. now this here is one of the main facilities connecting norwegian gas fields to homes and businesses in central europe. this is the coastal processing plant from here gas is being sent to germany via pipelines. and since the beginning of the war,

the volumes of gas be sent through these pipeline has increased quite a bit to make up for the lack of russian gas compared to last year, almost 10 percent more gas is now being processed by plants like this one from casto, the gas travels more than 600 kilometers by a pipelines to m than and donald in northern germany. since the start of the warren ukraine, german leaders have asked norwegian counterparts to do even more. but the industry seems open to the ideas, like many others pipeline operator gas go appears to be in good spirits here at o. n s one of the world's largest oil and gas conventions. if you look at the average for the last 5 year. and we will definitely be on own most the highest level ever, dcf. we are working all the time to optimize the new agent transport system. the industry has been able to increase the output partially due to delaying maintenance . one, c, o 4 to leave us expect even higher volumes of gas to be delivered next year.

however, like many in the industry, he prefers to not discuss profits. all a job is to be predictable, to deliver to goss into the market. the way that the ship, but i want us wants us to do the high irregularity, low emissions, and so on. if the prices are low when the prices are high, we do our job anyway, so that so that's our main focus. rely, reliable supply. the norwegian, oil and gas one. so the european energy crisis or moon. but they're likely part of the answer now to some of the other business stories making use. the war in ukraine is expected to lead to the highest immigration to germany since re unification. between february and august, there were over 1800000 arrivals in germany, more than half of them ukrainians when the war. the o. c. d expects the number of immigrants this year to exceed that of 2015. when more than 2100000 people came to germany. relatives of victims of the

2009 plane crash into the atlantic ocean shouted down the ceos of air force and air bass. after they took the stand or $288.00 people aboard. the fight died on route from rio de janeiro to paris. after more than a decade of legal battles, this manslaughter trial could bring justice for the families. tesla continues to electrify german drivers officials, so official figures rather show the u. s. electric carmakers, tesla, y out sold both volkswagen and audi last month. testers model free also dominated the mid range segment with nearly 15 percent more sales. the nasdaq lead declines, a wall street washington has published new sanctions cutting of china from certain semiconductors made with us equipment anywhere in the world. let's go over to our correspond. james sweeney joins us from the new york stock exchange. james,

i bet the news rattled the chip sector. well, it did rattle the chip sector, in fact starts to quite a hit this monday to kick off this trading week with the nasdaq getting hit, the hardest dropping to its lowest level in the last 2 years. because tech shares continue to get hammered, and if you're wondering why the slump, semiconductors taking a hit to day after the by the demonstration announced new export controls that will limit u. s. companies from selling advanced semiconductors and related manufacturing equipment to china. in other words, the administration does not want these products in chinese hands without the approval and even more validation of this, the u. s. bureau of industry and security. it said in it's released today that the rules mean that these companies must apply for a license if they want to sell certain computing semiconductors, or related equipment to china. in other words, if you want to sell it to them, you gotta get permission from us. first, and these rules, they're effective this month. and how do you think this is going to affect business for, for american firms that want to continue doing business with china?

in terms of, in terms of affecting business, this could, it could possibly mean a lot, but it still remains to be seen exactly how damaging these new restrictions will be on business. because the government, if i stand, if i am correct, the chinese companies, the government put chinese companies like while way as a my see on a black list that required suppliers to obtain a license before selling to them just last year. but suppliers to those 2 companies, they, they received those licenses last year and they still did billions of dollars worth of business. these rules were put in place, but business kept moving. so all i can say regarding business is that in regards to these rule changes, only one thing is certain, expect a lot more new license applications to presented sometime in the media future. and it sounds like a lot more paperwork and businesses set a time like that. james sweeney for us at the n y a c. thank you.

thank you. 3 american economists have won a nobel prize for showing how bank failures and not a cause of economic downturns, but a consequence. they argue. government guarantees on deposits can prevent financial crises from spiraling by convincing depositors not to panic. dickory, tooth intervention of central banks and governments was hugely important in preventing the collapse of lehman brothers in 2008 from triggering a chain reaction of banking failures. system critical institutions were rescued favors deposits were protected, and markets were stabilized. ben fernand key was at the head of the u. s. federal reserve at the time. he had the opportunity to put what he had researched 20 years earlier into practice, along with economist douglas diamond and philip to pick the 3 economists what awarded the noble price in economic finances on monday for their findings on the

role of banks in crisis. and how to make them less valuable. the research, the fed has hip award to stuck to financial crisis and preventing costly bailouts. and i think the main thing is that it has allowed us to understand whole financial crisis develop on what to do. both on the basis of brennan's did research was another thing. the great depression of the 19 thirty's. it would probably have been a much my dear downturn, had financial institutions been protected from the run on savings. and if the fed had intervened more strongly, and a reminder of the top business stories way following for you here on t w. the moscow stock exchange punched on monday. it followed the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine. but also a key economic link. and for you,

west fed chief ban benee key as well as economists. douglas diamonds and philip depict have been awarded the nobel prize in economics for their research on banks and financial crises. announcement was made on monday by the royal swedish academy of sciences. i've been for solon, i sent business with a sports limos in sports cons. now the and b m w with the electric, a 6000 competition again combustion engine,

but the full, the future hits the road map. look at the legendary power wagon read on d, w. they're always with everywhere we go or smartphone, but for how much longer technology experts say that era me over. but what a look at right after the smartphone to borrow to 60 minutes, m d w. oh, i think everything jenny fair,

some are big. i'm listening. so much different culture between here and there. so challenging for everything. ah, to some of this i think it was worth it for me to come to germany. shove my got my license to work as a swimming instructor here. dish, and now i teach children to don't stick with. what's your story? take part. share it on info, migrants dot net ah. today on read the auto and mobility show fast and nimble, even though they might not look it. read delves into the fascinating world of sleeper cars and a people mover of another kind made a female interstate driver in cat lagos who motors along undaunted.