doing the celebrations well here in berlin, the red carpet is being rolled out ahead of the opening of one of the world's biggest public film festivals. 73rd, bell and alley kicks off on thursday with 19 movies vying for the golden and silver bare prizes. this year's event will also have a special focus on the recent anti government protests in iran end, the war and ukraine. that's all for now. uh steven beardsley is up next with your business update fe. tooth of i was just rescuing gadhafi from a farm. this one, this body lobby of you know, i found it like this and i couldn't just leave it there. should meet. 2 hey, this is such a great bird with it was so dirty that cleaning it,

turn the entire bathroom into a mess. this is the water birds 1st as well, but one of the most beautiful moments i've ever experienced by that a true woman to be, to give you a donkey series about our complex relationship with animals. well, i think i will live long enough to witness the end of factory farming. the great eat debate this week on d. w were, ah, ah, i'm stephen beardsley in berlin. here's a look at our top stories. us inflation edges downward, but wall street mostly unimpressed as it contemplates sticky or stubborn inflation . the e u makes an official sales of fossil fuel cars will end in 2035. but will electric production ready? well, the cars,

the affordable also on our show trade records show how chinese businesses are aiding russian military despite western sanctions. welcome to our show. market in the u. s. have taken a tumble after new figures showed only a small drop in the rate of price hikes, inflation rising 6.4 percent year on year and january. that's a 10th of a point less then the month before. that's the 7th month and row the rate has fallen, but analysts had expected a bigger drop. stubborn inflation means the federal reserve is more likely to continue its pace of interest rate hikes. we go to yann's quarter in new york yen inflation did cool, but not quite as much as hoped. give us your read on this now. well, i mean at least the trend has to ride to, but that's pretty much sure where it already as stops. i mean, we do see a lower prices for computers, for example, for a tv set,

some and also a for used cars so. so that's actually a pretty big ida. but done been on the other side though, we still have elevated prices, especially when it comes to shelter energy of the oil prices. by the way, we're up a good 8 percent last week and that's not even included into this latest the c p i a figure and also food prices are still on the rise so. so i'm quite, obviously, it is a good trend that for us, evans can take it of months of price increases have as to load. but as 6.4 percent in general is still a pretty high number. historically, the question yes. what does this mean for federal reserve pol any what policy? what does it mean for interest rates? which of course have global consequences. yeah, sure, it's the mean. that's where it all comes down to it. and so what will the federal reserve to, i mean, we've seen it after those figures to got published, we saw

a spike in bed that we will not just the, an interest rate increase in march, but also another one in may. and even the 3rd one in june. so that's where the better than at this moment. but it is also not entirely off the table that we might even see it interest rate and then your future of 5 and a half, or maybe even up to 6 percent from the 4 and a half to 4.75 percent where we stand right now, so with that report, especially also with the latest strong numbers on the labor market, there will be more interest rate increases where it stops really depends on the next set of data that we will get from the labor market. and from a c p i, to me personally, it was a bit of a surprise that the market took it rather calmly. this report, especially when you look at the dollar, it did not really move that much. and also wall street only slight last year in the

to say, session or a young quarter following the inflation story in the u. s. thank you. let's go over to some of the other global business stories making headlines. air india has unveiled in order for 470 passenger jets in response to surging demand for air travel. 250 of the plains will come from europe's air bus. prime minister and arrange remotely joined in a video conference with the french president of manuel mccomb to announce the deal . boeing with supply another 220 jeff. japan's economy has returned to growth, expanding 6 tenths of a percentage point in the 4th quarter. the upward movement was driven by more inbound tourism and stronger private consumption. analysts, however, were still disappointed. they'd been expecting an even stronger rebalance. ford has announced plans to slash 3800 jobs in europe over the next 3 years. the cuts are to

be focused in the areas of product development administration. the automaker sites rising costs and the need for a leaner structure as a pivots to electric vehicles. most of those cuts will be in germany and the u. k. meanwhile, europe has set a deadline for saying good bye to cars power powered by fossil fuels. the european parliament setting a new law banning their cell from 2035 while makers in strasbourg approved the bill, which now goes to european legislators to pass in law. they say the deadline was for investment in europe and help the continent meet its goals of becoming climate neutral by 2050. but so far the has not been able to agree on a time table to face out fossil fuel, power, buses, and trucks. or course what it better. he joins us now from strossberg burnt. why has europe focused on a hard deadline for phasing an electric? other countries like the u. s. don't even have one where the goal for the european

union is said to protect the climate and to make come, make us move in europe. the european union says we need a clear timeline, a clear emission targets which is 0 and also a clear technical framework. and actually it's working a major european comics that and especially in germany have already committed to meet a this target and to stop the production of combustion and jens by 2033 or 2035. and the you also says, european car makers have to be in the forefront of this revolution, not trailing other comic as in other parts of the world, especially chinese car makers, comic us, which are investing heavily in electric irby car production. and so your wants to keep up the pace as you said, many european car companies moving clearly towards electric, already releasing electric models. at the same time, the traditional auto base is built around the combustion engine. now more battery

makers are also heading to the us because of their massive subsidies. do you hear concerns that europe may be hijacking its own car industry by forcing it to so quickly shift gears the are there of course concerns because the, the challenge is huge and the challenges for, for example, a to have all the auto pods ready to make these cars to keep out of pod production in europe and also to have better production here. and especially to produce semiconductors, the computer ships, which are the core of the electric cars to produce them here. this is a challenge. and the chances also this is what the unions are saying that you need less people to produce these cars, less car workers, actually because electric cars are much simpler than a cosmos. com batch, the combustion engines. and that will be a challenge. the next 12 years to, to you know, to relocate the workforce and to educate the workforce. also,

we see that opponents of this rule are saying that many people still can't even afford an electric car. how to supporters of his measure responded that where they argue you more cars are we make with electric engines, the cheaper they will get. and the, the average price of electric car should be not higher than a combustion engine car in the future. and, and also the cost for running this card for driving this car a lower because you don't need fossil fuels anymore. only electric power. and some polls show that actually in europe, people are eager to buy cars. 2 thirds of consumers say they are interested in electric cars and the commission, or also is proposing that trucks and buses will have to run without combustion engines by 2040. so the train is not stopped any more. all right, and spent reagan in strasburg, where the parliament agree to that new measure. thank you very much.

it was almost one year ago. the western nations vowed to reduce the military useful trade coming in to russia. v. a sanctions. a trade records have provided a picture of what's actually happened this past year. chinese companies have continued and in many cases even increased their business with moscow. data analysts say there's clear evidence that china has dramatically increased military shipments to russia since moscow invaded ukraine. a network of chinese defense companies operating directly under the state owned assets commission has been steadily supplying russia with military hardware despite international sanctions. almost 2000 companies operate within the polar group network, including a defense conglomerate called poly technologies. and so what i've identified from the companies that i've been researching is actually an increase in military applicable parts that are explicitly labeled for military systems to russia, from china since the side of the war. and even for

a couple months preceding why we see about a 300 percent increase in and $171.00 system, pirates from power technologies to these russian defense companies. just about a month or 2 before the invasion started. and most of the shipments are actually during the war itself. many of these companies are shipping directly to russian military hardware companies, which are operating in ukraine. among the electronics and machinery parts are parts which are explicitly for military use. in october, a company called china talley aviation shipped radar parts for the s 400 andy aircraft system to a russian defense contractor allmers anti. that transaction was detailed in a wall street journal article based on data from c 4 ads. and between june and november, there were multiple shipments of parts for m. 171 helicopters this time poly technology, selling to woollen uday aviation plant. but because of complex supply chains,

it's not just chinese companies that are implicated and we see about 30 percent of our technology straight partners have active western ties in their shipments either exporting, importing or countries of origin. and this is really impactful because sanctions measures specifically stipulate that any entity who's trading goods or services or even financially supporting this sanction russian defense companies is potentially at risk for sanctions penalties as well. that applies even if the company isn't aware of the final destination of the product. and even if it wasn't a direct shipment. however, some companies it clearly believe that the profit is worth the risk. and finally, valentine's day is a holiday for sending messages of love. and that typically means one thing, flowers. but one florist in washington

d. c has sought out an unusual delivery partner for an extra $35.00. a cane on courier will bring a bouquet to your door. flower shop owner launched the initiative 3 years ago and donates the proceeds to an animal rescue. shelter. is a reminder of our top story. u. s. inflation fell only slightly last month and the prices rising. 6.4 percent year on year, the 10th of a point less than a summer analyst had expected a bigger drop. right, that's for me and the dw business team to watch with eco, africa in botswana, the number of wild elephants is increasing leading to a growing number of conflicts with their human neighbors. a local wildlife in g l is trying to advocate new solutions that allow for the peaceful coexistence

between people know, major eco nafrica. next long d w. ah, is it the solution to all problems? does it really hold the key to a more sustainable era? lithium ion technology, digitization the mobility and the energy position would be unthinkable without it. look into the future. the lithium ion story in the 45 minutes on d. w. o on juice's is you're a good push to me today. ross? yes, bus you. this is the consequence was $4000.00 foot. so i'm to find out is shanika

belgian, you know, i'd like to still willing and conflict in ukraine. the european war in 10 voices rushes war in ukraine. one year since the issue began we take away the back and into the future in the new building, slowing in february on d, w. a . welcome to a new edition of equal africa. well, despite the many environmental rates of planet faces, there are some glimmers of hope on the horizon.