so the wind puts them backward, their funds, believe they belong, is legal. and that's all for now coming up next it is dw business with my colleagues, stephen beardsley, to stay with us. if you can for that. he is looking at the world's largest and most influential, mobile text there. i'm sarah kelly and berlin. thanks for watching. take care. i just got a thought say what grade for with

i just click aware find out best documentary on you to really good morning. see the world as you've never seen it before. dr. now, t d w documentary ah, i'm stephen beardsley in berlin. here's a look at our top stories. the world's biggest mobile taxpayer kicks off as the industry grapples with falling demand and an expensive 5 g built out will go to barcelona for more a year in the war in ukraine. the pressure is growing on

countries believe to be trading with russia's military, including turkey. also on our show. hi electricity bills are biting into the bottom lines of companies across germany. help is on the way, but will it be enough? welcome to our show. the war in ukraine and western attempts to isolate russia from military related trade, u. s. r r, at the top of the order u. s. and e u sanctions are still falling short for many prevent for preventing many do use items from reaching the country as a category that includes everything from raw materials to electronics. one path is through turkey. semiconductors and electronic components made in germany top the list of goods. the you won't sell to russia any longer, and yet somehow that's exactly where they end up by way of turkey. the country does not support the use sanctions against russia and doesn't abide by them. that's why russian oil tanker says setting course to turkey to their oil,

gets refined there before being sold in the u. s. gasoline or some other product for maximum impact. we're targeting many industrial goods that russia needs, and that it cannot get through back filling by 3rd countries. vital goods such as electronics, specialized vehicle's machine parts, spare parts for trucks and jet engines. but it won't be easy to close all loopholes as russia sources sanctioned goods through a series of countries. however, some progress has been made. banks from china, the united arab emirates, and turkey said they will no longer process payments for sanctioned russian banks. but blocks rushes, easiest way of paying for its imports, or getting paid for its exported resources. to be oscars, a senior policy follow at the european council on foreign relations. he joins me

for more. it will be, as turkey has denied that it's firms are supplying military useful technology to russia. what exactly, what kinds of items are we talking about? well, a whole range of items from russia as turkey has become a tree key, trans shipment up for exports to, to russia. i lost your loan to increase its ex was rational over almost 100 percent law, 90 something percent. of course, not all of these exports are, sanctions, exports are to be more generally has become a key export of also its own products. but we do know that there is also activity going on all sanctions products. we have, for example, some reports of, of, from dual using and, and military. great goods that have been made their way to russia via turkey. ah, plastics, a steering wheel. so i'm so chemicals used also in the military industry. we have some reports in this respect that that pops ups us military. and more generally,

i do use goods, of course, a white category coating microchips, which also make their way is taste which okey dokey has become the 4th largest perhaps export to off semiconductors to russia. so there's a range of products that are, that, that make their way through to get to russia. all of them are a conventional sanctions. as i said, turn, he's already denied that is providing any sort of materials that are useful for russia. what leverage to washington and brussels really have for curbing this kind of trade that they find problematic. it's a difficult to diplomatic game or turkey eye and eyes. of course it's actions. however, domestically we know that the government is also actively, ah, perhaps i'm driving a campaign, it has been very outspoken about the negativity of sanctions and, and so domestically turkey is very much out of lobbying. it's role off of filling

the cap of a global economy under sanctions. i'm so what leverage it, that's um there is, i think leverage a one part is that of course, as so convention activity that's going on in a private sector. and to really cramp thou and this kind of so convention we need, ah, the support of the turkish government to really enforce and, and clamp demonte sanction. so i'm, we need to get a turkey and turkish government on to table. i'm there currently different methods . why does father pressure, or why the inducement a but pressure is increasing? you mentioned the finance sector. what role does that play when we see that there are specific sanctions targeted at financial transactions that are more effective way to go about curbing some of this trade? yes, certainly are the key financial players who are a, facilitate much of the trade ah, a key i,

i key hops in this trade. i'm is often private individuals that need to be identified. we need the intelligence of bonds, a lot of tellers, as an ada, gathering something that is increasing and been a really clamping also down on the specific players. i'm fretting and dumb with mach access 2nd, and i'm with financial sanctions. this is the route that we might be going towards, but at the same time again, that needs to be some sort of cooperation with the turkish government. it cannot be all done by targeting individual bangs when the vigil trade has, or he has to be sort of a double double strategy that severe scachar with european council on foreign relations. thank you very much. thank you. we'll shifting gears to barcelona, falling demand, slumping, phone sales, and inexpensive network build out to some of the challenges looming over the mobile tech industry. as its largest, largest trade fair kicks off to day in barcelona. some 80000 participants are expected at this year's mobile world. congress vendors will focus on the latest and

greatest showing off latest in folding screen smartphones immersive men, diverse experiences, even ai powered chat bots. the event is back to full strength after several years, a pandemic disruptions, but demand is a concern. smartphone sales slumping 11 percent last year. jim elder malone is in barcelona jones, me now. a janelle demand falling smartphone sales are down. what does that mean for an event like the mobile world congress? ah,

what we're gonna have to leave it there. actually, we're having some technical issues with the sound. we'll see if we can get janelle back up. that was janelle to allow in barcelona apologize for those technical issues. let's move on now to some of the other global business stories making headlines. french defense group talis plan to hire $12000.00 new positions as defense spending rises across europe. the c o attribute attributed the announcement to the dynamic growth of the defense market shares and the group have risen 60 percent since the start of the war in ukraine. iran's currency, the re all fell to a record low of $600000.00 to $1.00 us dollar amid the countries high inflation. 3 all has lost almost half its value since the start of countrywide. protests in iran falling the death of a young woman in custody last year. all

right, appear to be having technical issues. there we go. 2022 woke. excuse me. wrong story across europe. electricity has become a lot more expensive since the beginning of the war. let's hope for households and it can be devastating for businesses that are trying to stay competitive. and wealthier countries like germany can help their own companies by putting part of the bill. but even that's not enough for many firms. take look high energy prices are a huge burden on this entrepreneur. more than 15 percent of his total expenditure is spent on energy. several $1000000.00 a year and sean, florida, we already had the highest energy prices in europe before the crisis. and they have multiplied again. now we had a 6 fold increase in our energy purchase prices at the peak. the market has since

come down a bit, but we're still at around 3 and a half times. the price on your lungs are still very high and a burden on the plant, which produces substances for chemical and cosmetics industries, among other things, feeds for the ex, fully eating effect and cosmetics. in order to relieve the burden on small, medium sized companies like virtually the state will take over part of the electricity bill, starting in march about 40 percent. and this program in this program expires in 2024. the federal government will hardly be able to afford to launch such a $1000000000.00 package again. so we hope energy prices will have settled down by then when we are butram. but how will energy prices develop, especially against the backdrop of the war and ukraine? so long of that as long as we're in the middle of this, we can't expect any relief. that's why you always have to make a clear distinction. fossil prices are high,

we have to get away from that. other energy is, are much cheaper and then it can also become cheaper and perspective i spoke about other energy sources such as bio gas produce from a newer for a li, body bio gas plant. there the company produces its own chief electricity rama and we have invested in a bio gas plant where we can produce 50 percent of our own electricity. and we want to expand on that, but we will also invest in photovoltaics and which repeating the serum. the company also sterilize us foods like pumpkin seeds. this also involves a lot of energy because it requires steam until energy costs are low again. the name of the game now is to cut costs as much as possible. remember when we change our shift system from 7 days to 5 days, we've saved energy everywhere. we can. we've turned down the heat in the offices, and we've taken every measure to use as little energy as possible or nuclear

stringent into football, who, according to its owner, the company must also produce more cheaply with fewer employees. this is the only way it can survive in the long term against competitors from abroad because they usually pay much less for energy. and unfortunately, we were unable to get that line back up to janelle to malone in barcelona, for the mobile world congress. his reminder of our top is a story falling demands lumping phone sales and inexpensive network build out are all looming over the world's largest tech trade fair as it kicks off today in barcelona. some $80000.00 exhibitors of mobile world congress are showing off the latest in technology from folding screen smartphone, so immersive metaphor experiences and a i powered chat box. all right, that's our show. check us out online dot com slash business. we're also on youtube under the dw news channel. i'm seeing beardsley thanks for watching.

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