ah, let his reminder of our top story at this out. precedent. somebody mr. lends he has managed western partners to speed up arms deliveries to ukraine in a virtual address at the unique security conference. he said weston weapons with key to defeating what he called the russian goliath as your new spin. i'll be back with the headlines at the top of the alice immensely has business after so frank, i like mine is with getting ahead using tech as our documentary series of thunder valley foliage africa to meet the founders. empowering their continent through digital innovation,

transforming work and health and living conditions in their country. and inspiring the world with their ideas. on the valley, africa, watching out on the w documentary. stay up to date. don't miss our highlights. the d w program online. d w dot com highlights with ah, observing beardsley in berlin. here's the look at our top stories. the international monetary fund opens the door to a tailor made funding package for ukraine. something keith has wanted for months. higher costs mean more and more people are turning to fixing their electronics. instead of replacing them with new ones or visit repair cafe in london. welcome to our show. you crate is on the path to

a fully fledged finance assistance package from the i am ass. that's according to managing director, chris lina. you're gather on friday. munich, security conference, your gather said ukraine would need more than $40000000000.00 of outside support this year alone. yeah, m f is still in a 4 month assessment period with ukraine, talks about the funding amount could begin in the 2nd quarter. the i m f has twice provided emergency funding totaling 2700000000 dollars since russia in beta ukraine last year. here's what you're gather, said, and very pleased to say that ukraine has shown strong performance under this 4th, monitored a program that pays the way for defense to put in place a full fledged program for you. 3 ways this important because one, the financial needs a few green are significant. second, because a war economy requires sound fiscal policies,

it requires strong governance and accountability. and this is where the fund engaging with your green is a very significant factor as helping the central bank of your green, the ministry of finance, if you're green to function in this extraordinary time. my colleague richard walker conducted that interview with your give up. he sent us this assessment of the announcement. so no numbers, of course, from the i m f, yet on how big that package is going to be for ukraine. but certainly very important that the i m f has now given that green light important use for key a visit, tries to manage not just fighting russia on the front line, but also trying to sustain an economy trying to sustain payments to pensioners and all of the other basic services that it needs to try to keep going as this was

drags on. richard walker there in munich. let's go over now to some of the other global business stories making headlines. europe's natural gas price has dropped below 50 years for the 1st time and nearly a year and a half things mainly to a milder than usual winter. the price is almost $1.00 7th of the record highs after russia invaded ukraine. western nations have waned themselves off russian gas with norway becoming europe's main supplier. deutscher bank is reducing its office footprint in frankfurt by 40 percent by 2024. as many others planned to do, a new survey says that half of germany's 40 blue chip companies have already or, or, or are planning to reduce their office space drastically. in an effort to adjust to mobile work of the trend started during the pandemic in seems to be sticking around . norwegian police have recovered $5800000.00 of crypto currency that was stolen by north korean hackers. last year. the u. s. linked the highest to the hacking group lazarus,

which allegedly uses stolen funds to finance the pyongyang regime and it's nuclear weapons program. more signs on friday that the u. s. federal reserve will not slow its interest rate hikes as it battles, inflation in separate events. 2 fed officials, each indicated more hikes would probably be necessary. in december, the fed had had forecast a max rate of just over 5 percent for this year. futures, investors now put it at 5 and a half percent without we go over to teddy austro in new york. but teddy, looking at this last week, some of the things that we learned, sticky inflation, higher consumer spinning, lower jobless claims, everything that says that demand isn't falling. this economy doesn't seem to be doing what everyone wants it to do is it asked even while we're looking at a lot of unexpected data, inflation for example, is cooling. it's coming down though not as much as expected. and of course, we saw retail sales through the roof consumer spending strong job market well by

the hundreds of thousands more jobs as the economy than expected. i think it's important that we start to parse through some of this data, right? so the job market, where are we seeing some of these jobs, where are we seeing a wage high ex? well, in the lower wage service sector, so we aren't necessarily seeing much of a contribution to inflation the consumer spending. well, this is not inflation adjusted data, meaning that people may not be going out necessarily and buying more and more things, but rather they're spending a lot more money on the same things. and of course, inflation and housing in food. this is really where we're seeing of americans wallets get hit and we're gonna have to look at those sectors to make sure and see whether inflation indeed will be coming down. i had so bit of a puzzling picture put together. how do investors respond to this? well, the markets seem to have paired their losses. today we saw some declines yesterday

. they aren't incredibly happy by what fed officials are saying indicating a continued hawkish path, if you will. a higher interest rates are for longer in pair that with the inflation date of the job market data. the markets aren't particularly happy and we saw in 2022 wall street just got battered. and now in the beginning of this year, we did see somewhat of a recovery some encouraging data, but now they have priced in about $25.00 basis point hike at the fed. if the fed does anything more than that, when we are likely to see some more damage, ahead and of course the r word recession that is always at play. are we going to see a soft landing or indeed, with this a apparently booming economy, a no recession at all. that is still up in the air for wall street and the rest of us are the austro in new york. thank you very much.

we'll some of germany's largest airports were deserted friday due to labor strikes, security and ground staff at 7 airports across the country were called to the one day action. the workers were demanding a $500.00 euro monthly pay increase to offset inflation. the airport association, a d. v said that almost 300000 passengers were effected. many of them had already changed their travel plans or took alternative transportation. as the strikes were called ahead of time. of the 7 airports, including frankfort and munich handle almost 2 thirds of the countries air passengers or a porter ashtosh pend it was at the frankfurt airport and sent us this support. the operator of the frankfurt international airport has called this strike excessive for airlines leg. lufthansa. the strike has a lot of financial implications, but it's the loss of repetition that there would be more worried about. but because speaking to passengers, i get a sense that they don't really know who is the one striking all the nor is that

their airline has canceled their flight and disrupted the plans. art ashtosh condo there in frankfort covering those strikes to nigeria now, which is gearing up for general elections next week or the $93000000.00 voters will be going to the polls and many will make their decisions with the economy and mines just this week. the official statistics agency put inflation at almost 22 percent. nigerians are looking for leaf. oh, chaos. in the metropolis of logos, there's been no progress and traffic jams are still obvious everywhere. people are waiting for hours in front of gas stations. this is what we see every day and i have to bring my children to school every day. and this is what happened. the military people that just blocked the way. what is happening in nigeria? i'm going to be, i'm signed up, it'll be fed up of going to be every day district. it's just her non duty on,

on. it is with you where everything you, you for, be busy, you q one where you, you, for new not annoyed. so the traffic again, coupled with the traffic in the island on a miller, so he's ready. thirty's better. he's better, but we are going through hell in the oil, rich country gas is scarce and expensive. there's also other shortages like water, electricity, any and cash long lines are forming in front of banks because many times keep running out of cash. nigeria has been trying to change over old ny read notes into new ones for months. but lately, there's not enough of the new bills to go around the field on a lucky way, walking to the bank to tell daniel giving up that money that they don't have the cash. i mean the news. so this is, i see these early monday, the spending money despite the current chaos, international companies have been setting up technology hubs and nigeria for years . they're looking to tap into a highly motivated, educated,

and young population and exploit that potential. as a result, the international monetary fund has estimated the nigerian economy will grow by 3 percent this year. well, there's wear and tear and the option to repair. and in london, it's not hard to find a group of volunteers to do the latter for you. take a look, and in would, after 5 years, rashid and cartoons blender no longer works properly. but instead of throwing it away, she's looking for help from the experts at the fixing factory, a repair shop in the london bureau of camden. fix it, instead of tossing it all free. durham and jones and his volunteers have declared war on climate damaging e waste. the u. k is the world's 2nd largest producer of e waste annually, with an estimated $55.00 kilos per household per year. got to change is not

sustainable, is destroying the planet. and it would be really, really simple, just to redesign things so that the fixable have to buy the parts or the things that are already made just help us out. the repair shop is funded by donations and the support of the national climate fund, but it's the enthusiasm of the volunteers that keep it going. jamie jones was inspired by his daughter. yeah, i think they're a lot more am aware than i probably my generation. i would say, and there are a lot more up on them sort of things to the environment. and trina live more sustainably. not to mention repairing is easy on the wallet than buying you. rashid and bought a lender new for $100.00 pounds and the spare part from the internet just cost fall . now the we living in the price is, you know, it's very odd. it's 5 fad where everybody, you know, and inflation and climate crisis repair. shops are booming in the u. k. according

to the fixing factory, their success rate is 90 percent. at least for rashid and her blend and now has this 2nd life. yeah, thanks to the fixing factory. there you go. why throw it out when you can fix it? that's our show, find out more lines, the w dot com slash business ross on you tube or the dw news channel. i'm seen beardsley, thanks for watching to the point. strong opinions, clear positions, international perspectives. nearly a year after the invasion of ukraine, nato says, russia's spring offensive is underway. as the war grows, bloodier and ammunition runs low. cool, again, the upper hand and how far with the west go find out on to the point to that point

. next on d, w. daniels, shift your guide to life in that digital world. mm. explore the latest online trends. navigate your way through the digital jungle. get a global perspective. we'll be your guide and show you what's possible. you decide what really matters to you. shift in 30 minutes on d. w. o. in many countries, education is still a privilege. tardy is one of the main causes. some young children work in mind. jobs instead of going to class others can attend classes only after they finish

working with millions of children, all over the world can't go to school with them. we ask why. and because education makes the world more, just make up your own mind. d. w. made for minds nearly a year after protein launched his attack on ukraine. nato says rush as much feared to spring offensive is already underway. both sides are suffering painful losses and running through vast stalks of ammunition as they wage. a fierce battle for small gains in the east of the country in strategically important by mote, for example. months of unrelenting assault by the private mercenary, grew.