yes, can i by luke? yes, this is gabriela, my 01. and for re i shop owners, they hope the city's passion for cannibal. we'll also see, revel is spend big and help them to make up for the loss of tourism. during the pandemic, m, i have everything you need to some but the night away is on sale. here with retail is expected to and more the $970000000.00 us dollars during the celebrations. stephen beardsley is up next with your business update. i made visibility, i'll be back. so i sometimes the pc shall rush out at u. t. the highlights for shipping book every week. snuck him up. jonathan issue, i'm a don't, but good push to me today was yes,

but yet this is the consequence for settlement. folks on the phone got a question. can you know i would like to stumble anymore, just conflict in ukraine. the european war and 10 voices rushes war in ukraine. one year since the invasion began, we take a look back and into the future. in the new money flow rate in february on d, w ah, ah, there's the invalid. 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 be ready? will the cars be affordable? also, on our show trade records show how chinese businesses are aiding the russian military despite western sanctions. welcome to our show. markets in the us have taken a tumble after new figures showed only a small drop of 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 of for the 7th month in 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 jens 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 is right, but that's pretty much we had already as stops. i mean, we do see low prices for computers, for example, for tv sets,

and also for used cars. so that's actually a pretty big item. but done been on the other side, we still have elevated prices, especially when it comes to shelter energy. the price is by the way, we're up good 8 percent last week and that's not even included into this latest the c p i figure and also food prices are still on the rise. so quite obviously it is a good trend then for 7 consecutive months, a price increases have a load. but 6.4 percent in general is still a pretty high number. historically, the question is, what does it mean for federal reserve policy? what policy, what does it need for interest rates? which of course have global consequences. yeah, sure. i mean that's where it all comes down to. 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 in 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 was st 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 an 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 no range remotely joined in a video conference with french president manuel mccomb to announce the deal. and boeing will supply another $220.00 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 correspond 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 major european comics and especially in germany have already committed to meet a this target and to stop the production of combustion. and just by 2033 or 2000 or 35. 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 come makers which are investing heavily in electric in the 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 much 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 is he 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 the algae, 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 the combustion engine car in the future. and also the cost for running this car for driving this cars a lower because you don't need fossil fuels anymore. only electric power and turn the sun 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 by any more or either spent rig and 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 into russia. v. a sanctions a trade records have provided a picture of what's actually happened this past year. chinese companies have continued ends, in many cases, even increased their business with moscow. data analysts say there is 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 war, we see about a 300 percent increase in and $171.00 system parts 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 technologies, selling to woollen uday aviation plant. but because of conflict supply chains, it's not just chinese companies that are implicated and we see about 30 percent analogy straight partners, house active western ties and 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 these sanctioned 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 their product. and even if it wasn't to direct shipment. however, some companies 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 assembler, analyst had expected, a big drop, right? that's for it for me and the dw business team, it's watching in good shape with these other typical fine for analogy. but what exactly is the body doing and line re clarify if you can

prevent symptom and which therapy actually help in good shape. on the d, w. m. in children by war, they are helpless victims and sometimes little heroes. 2 thirds of all ukrainian children are on the run. mm. how do they experience the world? will it ever feel safe to them again? ukraine's youngest victims close up. mm. in 60 minutes on t w o. in you become a crime in franklin,

aol already knows that kind of to take talk with him about hackers and paralyzing the tire societies. computers that outsource you and governments that go crazy for your data. we explain how these technologies work, how they can go super good, but how they can also go terribly what you knew to spring flowers, pets, eggs, all seemingly harmless. but if you suffer from allergies, they can make life miserable.