has accused russia of using the winter as a weapon of war. uh, next sunday, the news. it is business news with my colleague to now to milan. in the meantime, you can always check on our website, d, w dot com and also follow us on social media. i'm sarah kelly and berlin. thank you so much for joining us. take care with secrets lie behind these discover new adventures in 360 degrees and explore fascinating world heritage sites with

d. w world heritage. 360. get the out. now the world cup in guitar. exactly important. tim fulton, herschel, included, because were there for you, with reports and background information, everything you need about the 2022 world cup on d, w ah, ah, euro zone inflation falls for 1st time and 17 months. have prices finally stopped arising. also coming up, russian plains stay afloat despite being way down by sanctions. now,

this is the w business. i'm janelle dumas unwelcome hero zone inflation has declined for the 1st time in 17 months. it fell to 10 percent this month from $10.00 in october. according to the latest official figures. inflation has weighed on the 19 country currency block made high energy prices triggered by russia's war and ukraine. despite the appearance of a recent slow down in price rises, european central bank president christine la guard warren to earlier this week that euro zone inflation has not yet peaked. carson's ask is a chief economist at i n g d, but thank you so much for being here. carson, do you agree with regard with regard to inflation? not quite peaking yet, or she merely managing expectations? well, i think she's managing expectations and modeling because the last,

well one that's interesting, our guard does not have a good track record in predicting inflation or interest rate. so luckily, it's not her task that she's part of the c g on yes to act. we are close to the peak, but when you look really at inflation expectations, when you look at selling price expectations, when you look at the fact that whole sill gas prices will still be passed through to consumers start of next year. there are so much inflationary pressure in the pipeline that is too early to really call this already p p, where we're approaching that p. but i would think that the people only really be there in the 1st quarter of next year. i mean, this is a very good point. we're still talking about very high inflation. it's just getting marginally lower. we're still definitely in a cost of living crisis. is there a reason to be beat about anything? no, and your fluoride, this is not a reason to to be up beat your fluoride saying that this is inflation rates coming

down to it. it's the price change coming down. it doesn't mean that prices are actually dropping. and even when you look further into 2023 and energy prices will remain stable, this would mean that headline insulation will start to come down. it does not mean that prices are coming down. we're seeing food prices being up by 20 percent year on the year. we see service price going up. so we still are in this cost of living crisis. and the only thing is that the burden, the damage will become less and will be start weighing less on the economy, but it will not reverse anytime soon. how does this mean that the e c, b, the rate hike policy is going to continue as it's been going a probably not as much as a height over the summer, or we call this jumble rate hikes. it with the 75 basis points, because these are

a tricky situation. they know that they can do very little to bring down current inflation, because there is always a lack between what the central bank does and before it reaches the read economy. at the same time, the needs to be needs to watch on that inflation expectations do not become completely on anchored or be anchored. and then we have this looming recession, which still is there, but it will come and the, the be goes too far with rate high interests kind of pushing the euro going economy farther into recession. so it isn't very delicate balancing act. i think they will continue hiking interest, right. i expect them to hide by 50 basis points, not by 75 basis points in december to another rates like in early 2023 and then stop there. because there is another instrument that the cd could still use and that is shrinking off its own balance sheet so they can move away from interest rate, interest rate pipes to shrinking off the balance sheet. in 2023 carson dusky

chief economist from i n g d of our thank you so much for your time today. you're welcome. now since the beginning of russia's war of aggression against ukraine, moscow's commercial aviation industry has taken a heavy hit, the aircraft industry giant such as air bus and boeing stopped supplying spare parts to ra shop, back in march. so how is russia commercial aviation industry holding up more than 9 months later? the w killian buyer takes a closer look. despite the sanctions an being cut off from the deliveries of critical components, russian airlines are still operating. even though there has been a 15 to 20 per cent robin passengers, for most people taking domestic flights in russia, not much has changed. in terms of warren jets, it was always going to take a bit longer because of course you got star spare boards. and of course you good.

the existing aircraft that can be cannibalize more than 800 modern western built passenger jets, were flown by russian commercial airlines before the outbreak of the war. more than half of their flights operated on international routes. the majority of these flights have been terminated by sanctions, radius of the revenue, which is brilliant or national routes, were very lucrative, of one of the most important forms of income. the harsh cut off from this cash flow was very serious. and on the other side, you had the asian industry. it has become very difficult to supply aircraft video that are flying now with spare part. in conclusion, even before the war, airlines in russia face difficulty getting spare parts. a pilot took this video a year ago. it shows yellow slips written with the letters i n o p, meaning inoperable. the situation has worse and drastically since the war

and prestige projects like the m s 21 and the super 100 super jet. both passenger aircraft built in russia have an achilles heel. they depend heavily on west theory. risha though, joins us now. he's bureau chief outer dw studios in riga, irie. so it's pretty remarkable about russian aviation roots are still going. the spite, nearly 10 months of sanctions. how is that even possible? well, lucas, russian of asian industry experienced a kind of shock immediately after this star, those of all because russian aircraft were no longer allowed to fly to the west overnight. at the same time abas and boeing ended their corporation with russia. and this, despite the fact that almost all russian aircraft came from or come from abels and boeing, but the fact that the half of all russian planes since then had to stay on the ground men to their, to these planes and could be used as spare parts however,

the loss of almost 50 percent of flight routes became a blessing for the ration of the asian industry. so the most important thing for now, for russians is to maintain domestic airlines. and so far this is still working well . so when we hear that domestic aviation is still doing well, but spare parts are hard to come by or have to be cannibalized from older planes. surely there are some safety concerns. consider no yes. sure. the question is, of course, are when's a grounded aircraft will be taken apart and used a spare parts and for how long that can last and 3 place safety repairs? by the most companies are, we know that russia has kept all the aircraft, or at least from the best buy degree of president putin. after all, that's more than $500.00. the jets was over $10000000000.00, or one russian expert we spoke to called, in just a theft or iran was also a great hopeful russian of the asian as the country has been living under sanctions for decades and has developed various methods to circumvent them. but iran

uses aircraft from the 19 the seventy's and $98.00 is which which are less dependent on software updates. ira lot in particular ah, has equipped it's fleet with a very modern aircraft in recent years that apparently dont need to be doing to be repaired. so quickly, but at the same time, because russia uses very modern aircraft that rely on, there was very technologies, it will be increasingly difficult to safe, safely operate western aircraft without computer updates. and russia itself hardly builds its own aircraft, or at least not nearly enough. so it's going well for now, but it might not go well for longer. uri rossetto pharaoh chief energy w pseudo is in vega. thank you very much. it's meant to boost mexico economy by delivering more tourists to its most famous sites by constructing the my and train project involve bulldozing

a path through miles of tropical forests. now affected communities want tourists to know that their journeys came at a cost. they cut a 90 meter wide lane here for the trend. maya, a sensitive ecosystem is in danger, says biologist, or better role with the local residents. he leads us to the construction site near ply delgado men, a famous tourists by total here. the government didn't wait for environmental reports or final approval before it slashed with tropical forest. an estimated 9000000 trees were cut down destroying habits. the fragment as soon as el please, if you'll, if you cut through ecosystems, that's the beginning of the end. but it's an equal side that shouldn't have happened, can no, they were to. so these. okay, so at that point, mexico's president dismissals, these concerns, promotion videos promised jobs and wealth. the train is designed to take tourists from the beaches to mind cities and villages on 1500 kilometers of track. critics

say the government is doing a lot of things wrong, not least because the greatest treasure here lies underground. in granados known as the knollys, they store fresh water and are vital for animal uga and the forest quite gear consumption, the train track is supposed to run over here. it's crazy factory, laquia, federal environmentalist or standard european firms, including a subsidiary of german rel operator deutsch robin a working on this project. not the machines. the dispute ends up in court, but after a brief hold to construction, the excavators return. the government authority rejects all the accusations and shows as permits. yes, trees were cut down, but many more have been planted. is no absolute. i mean to lay out the works entirely legal. it is an environmentally friendly project, a project that will bring about social development. if at all your social that

something there isn't much of in the yucatan peninsula, hardly any jobs, hardly any prospects. the train could bring about mobility and work. it's something deutsche ban is keen to point out, but it also says it is not responsible for environmental protection and only plays an advisory role for which it gets paid $8600000.00 euros roll would like to show the germans, the damage that tourism developments have caused in the past some coastal towns grew so rapidly that garbage and sewage poisoned the forest good, but there is no ordinary people will not benefit and they will remain at the level they are now or even become worse all or better. for now, environmentalists have lost this bad hope, but ra hopes to prevent deforestation on other parts of the line. he's not against trains and progress, but again, the project that so clearly damages the natural environment. and that's all from us

. thanks for watching. ah ah, with is weapon noises? wheat. massive crop failures, broken supply chains. soaring global market prices. is

this russia's treacherous new strategy to finance it's war while forging you alliances? close up to next on d, w. these places in europe are smashing all the wreckers step into a bold adventure. it's the treasure map for modern globetrotters. discover some of europe's record breaking sites on your back. youtube and now also in book form b. ah, ukraine 2022. ah. wheat fields up in flames.