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tv   Business - News  Deutsche Welle  February 24, 2023 11:15am-11:31am CET

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well, comedy spring, light and wants to people. this is every day joe pools, providing light and warmth. maxim, tim tank o. c o, of detect the largest private investor in the energy industry in ukraine. thank you so much. from looking at ukraine's economy, we turned to russia's over the past year, the russian economy has languished under ramped up international sanctions and is in the process of losing its trading partners in the west. but has the attack on russia's finances been having the desired effect on vladimir putin's ability to wage war? we've been trying to find out more than 30 countries have imposed sanctions against russia in the year since it invaded ukraine. blocking financial transactions, halting crucial exports, and substantially reducing energy imports. the impact to russia's economy has been
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colossal. exactly how colossal is difficult to tell. russia says its economy shrank last year by just 2 point one percent. and the i m f believes it's economy will grow further this year by 0.3. but those figures may not be reliable as they're based on shaky data out of russia. the has the i m f, the world bank won't tell you this, but they have no idea what rushes actual imports and exports are. why? because by q 222, they stopped reporting and yet we don't know about foreign direct investment. we don't know about any of the metrics that are required to be a participant in the i m f and the world bank. all they're getting is invented, number's president. putin has used the growth figures to try and bolster his support and dismiss sanctions. but he's going to come on. the russian economy turned out to be much stronger than the west had thought. thanks to the joint work of the government parliament, the bank of russia, the regional governments,
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and of course, the business community and labor communities. we had showed the stability of the economic situation, protected citizens safe jobs, prevented market shortages and propped up the financial system. when you, when you're ready, numerous companies have left russia since the start of the war, pledging to pull away from the country even if it affects their bottom line. brands like mcdonald, starbucks, and others have exited russia completely. but professors on and felt yale team has also tracked over 240 companies who are digging in, so to speak, and maintaining full operations in russia, among them, germany, siemens, health in ears and air china. he says, this is one example where shutting down operations came with financial rewards. for example, of royal dutch shell, or, or bc or exxon, they,
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they shut down completely and immediately a b p wrote down $9000000000.00 right away. and what happened there, rewarded enormously, almost 2 and a half times over in the financial markets. so it turned out not costing them anything. you don't look at an investment in terms of what it, what you, what it costs. you take a look at what the return is and the return dwarfs, whatever they invested in their corporate character and the reputation. it's hard to do business in russia right now. it's not a smart place to be. after one year of war, rushes economy may not be as resilient as the government claims and that's it from the delay business. for now, it's back to my colleague pablo for your news. thanks to now. well, immediate, complete, and unconditional withdrawal are from the territory of ukraine. that's what the world demands from russia. and that's the wording of a resolution that was passed resoundingly by the united nations general assembly.
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the un took the rare step of calling an emergency special session to vote on the 10 point plan to end the fighting just ahead of the 1st anniversary of russia's invasion of ukraine dropped his illusion. e flesh yes, 11 flesh l 7 is adopted. a message to moscow from the majority of the worlds nations cease hostilities with ukraine and withdraw your military immediately slash the resolution drafted by ukraine was passed by a 141 of the you ends 100 and $92.00 member nation session on the eve of the wars one year anniversary less hell. the result is not binding. evan, but it shows the wide support ukraine has around the world. we are satisfied with the outcome and the message is clear. it doesn't matter what russia thrice and how it attempts to undermine international order. and the coalition in
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support of ukraine, student tauriel, integrity, it fails. one time after another follows only 6 nations joined russia in voting against the resolution, which also calls for investigations into serious crimes. committed in the course of the war. rushes ambassador had little comment. he called the resolution useless on twitter and said it would only prolong the quote, ukrainian tragedy. china, whose foreign minister pledged a deeper partnership with russia just a day before the vote. abstained. along with 31 other country, he says g, beijing's ambassador, said his country supports the territorial integrity of all nations. ha, ha, but opposes arming ukraine. warsaw means on it's also g. talk the stance. true criticism. inch from several of keith's allies. woman including berlin. i've heard also to day some of you had said that by arming ukraine,
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we are adding fuel to the fire. but the truth is if russia stops fighting this war, and if ukraine stops fighting ukrainians, finding or not the resolution as a sign of russia's isolation, one year into its war on its neighbour. but moscow hasn't given any indication that it's willing to stop. all right, let's speak now to nicole wren virt. she's a political scientist specializing in foreign and defense policy and is also a fellow at the german council on foreign relations. welcome to d w. so the un resolution calling for russia to leave ukraine is not legally binding. so really, what is the significance of this voting well, it's a very strong signal that the support or ukraine hasn't changed in the year why the
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expectation was that the war will end pretty soon, and russia overrun ukraine. we see that a year later, russia still gets the support of the majority of the white member. and what's interesting in this vote is that some member countries, by example, brazil joint joined the support and was outspoken and so with turkey and saudi arabia. so countries where you weren't sure how they will, so it's a very strong sign and it's more than just this. and so are we saying them better support for ukraine? is that is growing somewhat or is support for russia growing? how do you see the support when you just look at the votes? it's pretty similar to what he saw about yeah ago. so people are not tired in supporting crane and you know, all to support the idea of
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a piece. no negotiation at some point, but right now the supports to further strengths in ukraine is very strong. and this is an important signed note. china abstained as it's done in the past. and in the hours after the resolution was passed, beijing released a much anticipated 12 point piece proposal to end the fighting in ukraine. so can you tell me what your reaction to the plan is? well, already it's in unique security conference. there were rumors about the chinese plan and i felt that there's been a bit of a disappointment now because there's nothing new in the plan and it's, it's not concrete enough and it's something that is not very useful now to, to move into the right direction. because it's basically repeat things we all heard china thing before. an interesting is the fact that. ready china didn't join the
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countries which support crane, you know, in the un resolution. and at the same time presents itself as an honest broker between the 6 parties. so china position is still one that doesn't really support the ukraine wholeheartedly incense with russia. nicole rembert from the german council on foreign relations. thank you. welcome. while throughout russia's war of aggression, president vladimir putin has also attacked ukraine's identity and its culture. so how can ukraine sense of itself survive this war? in our next report, we meet the ukrainian artists who, whether inside their country or an exile, also culture as a means of survival and an anchor that can hold a nation together. i double, i am, a girl is named al yonah, al yonah, ukraine's best known wrapper and style icon in the studio of tv channel,
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one plus one. she taught herself how to ramp, and nowadays she speaks for an entire generation of her subjects, the war and the feelings. it unleashes golf ball. okay. huh. what it says, and no, you guys had to do surgery with her since i started the war. i'll yonah al yonah has been splitting her time between keith and abroad. she sings about her experiences, and europe is listening in all the repairs even be in status. i see more of ukrainian artist arts always help to be to us connection was other, a conscious to understand us to know something new about us and see that we are created in that none with her music and on social media, the rapper takes on putin belief also plays an ever bigger role in her music wrap a kind of prayer to protect her from fear in that number of situation. a blanche.
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it wouldn't have clueless would and then it's good wiley didn't do much. them would be in the schools, but dopey, stay or go. many musicians and artists battle with this decision. he decided to stay seattle's love about car choke, pop star national hero, lead singer of oki on elsie, the ukrainian cult band. ah. when the russian invasion began, he literally took to the streets. our courtship began performing among the ruins. he often travels to the front line to experience the war close up. nevertheless, he keeps on going with his music. actually this, this year. i mean, this is the year of music for me. oh, how unusual it sounds for people, but i did, i do a lot of music. we did 175 performances in the front line. we did probably 50 or 6060 or dancers in europe and all the countries already
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a lot to come eat us on the the war has also made many ukrainian artists more determined than ever to fight the war with the means at their disposal. and to ensure that art and culture doesn't fall victim to this conflict shaw's buddhism. what did you correspondence have been on the ground in ukraine from the 1st day of russia's invasion and here, mathias billing a funny for shar and a conky share. what they experienced on that fateful day in february last year when the war started, i was in florida and in eastern ukraine in the don bus region. and i knew that the war started because my phone rang, we were supposed to swap. i had been working there for a week and my colleague nick was coming to replace me and i was going to take
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a train back to key that day. but he called me from his train and told me that the war had started. and then we decided that he would get off the train and we would go and pick him up. we drove them to key if my car took us quite long because we tried to take some more secure routes, some smaller roads, and just drove through the country. where we drove the was a little bit far, we could sometimes hear something very distant, but we were not in the zone where fighting was going on. we were quite far from there. we saw people standing queuing up for money at the h. c m's for petro, a petrol stations. and everybody was worried, had worried, looks, people were talking about what was going on and nobody knew what was going to
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happen next. february 24 started for me while i was still asleep right here in this hotel. i remember a loud bang, and by the time i realized this was an explosion, it had been followed by another one. i was confused, i remember asking myself what snacks with one hand i was trying to pack up a few essentials with the other one. i was busy on the phone with my colleagues in the newsroom trying to figure out what to do. i remember being on a, a for alice, and just reporting what i saw unfold here, right at my don. people scared trying to leave the capital. ukrainian military vehicles rolling through the city, the 1st checkpoints being set up my camera man and i have you been just trying to do our best all the altogether and do our jobs. but of course this question rang in our heads as well. is it safe to steve keefe or should we leave? it was the longest stay. i remember full of uncertainty. that slowly turned into
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this ultimate realization rush as war had begun. when the war began, i was still in the train, heading east, from here to the dumbass for reporting assignment. i remember getting on that train with pretty mixed feelings. there was a real sense that the russian state tv propaganda line was getting more aggressive . but after lots for thought, this might really be the real thing. but everyone else on that train was just to more surely relaxed they were commenced. this was just clicking but a ground standing that nothing would actually happen or may not be able to sleep. just kind of glued to my phone. and then in the earlier hours, there was that push notification that putin given the speech russian troops were crossing the border. and just as i started making sensible that the internet connection broke off and for 1015 minutes the time i just had no further information, no ability to contact anyone to find out if this was really true. and this happened a couple of times. and when she, we sunday hearing bangs, what blade turned out to be an attack on a ukrainian aerodrome, we have.

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