glass blower unfolded in a big way the institution became the first industrial enterprise in central switzerlandg the second world war , glass jars for canned food were produced here in huge quantities 24 hours a day, and in peacetime, under the load of debts, hergusville was enlightened, and in the early seventies, nothing here any longer reminded of the glorious past until until roberta appeared in the world of universal standards and mass production, beauty and individuality must always find a place, guided by this motto of the glass blower artist. roberto of the netherlands 1974 decided on a risky step. he bought a failed glass-blowing workshop. as a result, gergel. nowadays, it has become the only place in the country where real miracles are made of glass. the talented artist robert unidder developed a new design and abandoned mass production, in which the swiss were already unable to compete with foreign giants in hergisville, they began to make art glass of the author's work. up to 7 years, and costs under 3 million swiss francs. glassblower, peter imbach. he suggested that i try to blow

expanded its sanctions on russia's central bank. switzerland is imposing sanctions as well. russia's actions have forced the international criminal court to investigate potential war crimes and crimes against humanity. we have the delicate relationship between bay area ukrainians and russians. >> reporter: in the ukrainian capital at this of kyiv, residents woke up to find lots of burned-out military vehicles. her family has been sheltering since the start of the invasion. >> they were allowed to go out during the day. >> reporter: they're trying to keep in contact with friends or other relatives. >> one of the biggest problems is informational war. it's been going on for a while now. and putin's been doing that for a decade. >> reporter: ordinary russia are seeing the effect of sanctions. family in ukraine are shocked that the inrags continues. family living in russia are similar reactions. >> there is fear and shame. how can you justify being russian in. >> reporter: he's not priced seeing the russians difficulty. it may be difficult to attack someone familiar, and ukraini

and as we saw a headline two or three days ago -- all looking toward the central bank of central banks, switzerland, the bank of international settlements. jonathan: you will hear from chairman powell again later today. team coverage starts now with maria tadeo and brussels and jack fitzpatrick in d.c. jack, the story has changed over the weekend and through this week. there is no i push building in washington to and the import of russian crude. can you run us through how quickly that is building right now? jack: it is building very quickly. i was asked about this about 24 hours ago and i describe it as pretty quiet. it had been mentioned by senator joe manchin and a number of republicans over the course of the last 24 hours. i was surprised we even saw ed markey on the progressive end of the spectrum bring this up. there are disagreements on how you view the direction of climate change policy and all of that, but there is quite a bit of agreement that there should be more sanctions in some way focused on the energy sector. there is not a bill and legislative path for them to very clearly force the

however, the u.s., the uk, eu, canada, switzerland, they have all sanctioned the central bank and as 50% of its assets are frozen. backing the central bank into a corner. life isn't just getting more expensive, it's getting increasingly isolated. multiple airlines have cancelled flights to russia. and in response, russia closed its airspace to 36 nations on monday. >> putin is making russia an international pariah. i mean, do they -- do they personally -- when -- when they -- even if they get to travel, do they want people to kind of see them as international bullies against this kind of poor ukrainian nation? um, i am not sure. so, putin is more vulnerable than he has been for a very long time. >> reporter: the sanctions are starting to bite russian oligarchs, too. sparking a surprise call for peace from two of the country's richest businessmen. chairman of russia's alpha group and the country's largest private bank wrote in a letter to staff that he wanted the bloodshed to end. putin ally and billionaire tweeted sunday, peace is the priority. negotiations must start asap. their voi

central bank ? what do you make of even switzerland now joining in on these renewed sanctions, joining in with the eu it's taken? although it's the swiss decision really jumped out out for me as well, because they've been strictly neutral. i mean, they, uh people deposit their their money and swiss accounts because they are anonymous because switzerland's a political. that's why a lot of the shady characters around the world there is dictatorships have always found switzerland the place to go and the fact that even even the swiss are now saying, hey, we are not going to be part of this. i mean, they didn't even do that for hitler. so this is a this is definitely i am and indication of just how isolated russia is in the international community, and this could bite. alright professor zuma's really appreciate you coming on the show tonight. thank you again for joining us. we want to get you an update now on that breaking news. we continue to monitor in sacramento county tonight, and the sheriff's office there now is confirming five people are dead, including the shooter in this case. authorities are cal

targeting the country's central bank with sanctions, cutting it off from accessing u.s. assets and dollars. even neutral switzerland announced it will join in, imposing new penalties on putin it comes on the heels of the u.s. and its allies expelling some, though not all, of russia's banks from the s.w.i.f.t. financial system, effectively barring them from international financial transactions still, some want the white house to go even further. >> i believe we should have used more of these tools prior to this brutal escalation to deter putin and to weaken his capacity to wage war >> reporter: the biden administration also announcing another $350 million in military aid to ukraine, including anti-aircraft systems and ammunition countries like sweden are sending in anti-tank missiles the eu sending fighter jets and the administration is sending $54 million in humanitarian aid. all of it comes on the eve of the president's first state of the union address. in a new poll, only 33% of americans approve of the president's handling of the ukraine-russia crisis 47% disapprove and a majority of americans say the president

lateral, that even banking sanctions would involve countries like singapore and switzerland, of all places. that the russian central bank would be sanctioned. that countries like germany, which for a very good circle reasons, don't send weapons abroad, will be sending weapons directly to the ukrainian people. i think it is a remarkable shull of single purpose by the western world to help. it also feels like, simultaneously more than we can imagine, and also not enough. how do you view the western response to this far? >> i agree with you that it is remarkable. i give president biden and the biden administration a lot of credit for leading the world to this point. the strategy of disclosing intelligence, to demonstrate very clearly that putin was trying to do once again what is done before, he was this information, false flag operations, also order to try to justify an unjustifiable invasion was incredibly smart. unprecedented, and it seems to have really woken up so much of the world and stymied protein. ringing not just europe but as you say, countries as far flung a single for, even japan and others understand th

switzerland announcing it will break from its tradition of nutrally to freeze russian assets. and the u.s. now targeting russia's central bank. long lines at some banks and atms, many anxious to withdraw cash as the ruble sinks further against the dollar. and a growing fear of skyrocketing prices. russia's central bank even closing the stock market early to avoid a crash. but still today, putin defiant, calling the west "an empire of lies." ordinary russians are already starting to see their lives change because of sanctions. but vladimir putin can probably convince them that it's the west's fault. but what about those closest to him, the elites, the ones who've benefited from the luxurious perks of modern russian life? do they really want to follow vladimir putin down this apparent path towards economic misery? all of this coming as europe closes its airspace to russian aircraft. with far fewer flights, the u.s. is now telling its citizens to leave russia immediately. tonight in response, russia is banning airlines from 36 countries. the international outrage is growing. soccer's governing body is banning russia from t

the united states is sanctioning russia's central bank like the fed effectively removing russia's ability to trade in u.s. dollars as a government. switzerlandits traditional neutrality adopting the e.u.'s sanctions against russia including the freezing of russian assets in swiss banks. germany is sending weapons to ukraine in a hugely historic move reversing the policy of never sending weapons to conflict zones. as the associated press points out, within days vladimir putin achieved what remained out of the grasp of the european union for many decades to jointly buy and send weapons to a war zone and restore something that was broken for years transatlantic. former white house and senior advisor to the statements department. great to see you, thank you for being with us. i have to ask you about what it is that has made vladimir putin, sort of backed him into this corner of nuclear warfare. is it the unity or the sanctions, something has put him over the top? >> it's the fact that as far back as 2014, putin was getting away with everything. he rolled into crimea, annexed it and got kicked out of the g 8 club that turned into the g 7. minimal

central bank does not have the capability to support the rouble by using those reserves. they have been frozen. and actually there's reports that not only in euro's dollars, sterling and apparently yen, actually switzerland, the usual country pathways. also looking into freezing russian acids, so it would be the frank to, that's not, that's not good at all. so today, moscow, there was panic in the city. the per ad, the in rural bo was in free fall. the central bank moved them and somewhat managed to stabilize the situation. okay. will they come into the situation with their healthcare either way, just just a 2nd pebble at, sorry to interrupt. i want to move on. we'll come back in a 2nd about what's happening on the streets at dan, dan wang at outside of china. have you been surprised by the, the level of sanctions finally being imposed now on russia? i'm actually not as surprised gathering all the political signals in the market from europe in the us. it seems that will happen that way. the swift is used and the my line of business is considered as a nuclear option in a financial world. but energy products are still an exemption, so i just don't think the pain would be big enough to deter russia yet ther

continues to earn money through energy sales the russian central bank could access m some of the foreign reserves through china and through banks in switzerlanding to feel impact they buy a loaf of bred in rub rubles it doesn't take price russians have endured ruble devaluations worse than this look at this, 32% in the great financial crisis, fell by 45% in sanctions after crimea, declined by 18% after the pandemic. still the ruble is off 26% since the invasion in ukraine began. these historic sanctions they're going to hit a country where its people,historically are used t immense suffering and its leaders historically don't care. thomas graham, from the council of foreign relations tell me, quote, this is a population that could suffer through a lot and survive. and they don't have the same expectation of their leadership as people do in the u.s. and western europe with a brutal putin regime that suppresses opposition and jals critics sanctions can only go so far in changing the course of this war, david. back to morgan, i guess. >>> let's turn to the broader markets and bring in barry banister and sherry paul good morning to you both we ha

central europe though. there's never been a time, you were talking about finland and switzerland, there has never been a timeing at nato, they were looking at the membership card of nato and sleeping under the protection of nato. any country without that membership card now wants that card. nato is a giant force on the world stage again. i think it sets context for the discussion biden is going to have with xi. you know, as china looks down the road at the state of the globe, not just economically, militarily and every other way, i think it can't help but conclude that europe, which had kind of been trying to play both sides, are we more pro american, more pro chinese, we want to try to play both sides of that game, it is clear that what europe right now is in the arms of america in the way it hasn't been for a long time. >> yeah. >> it has to be making the chinese think, how do we handle this, because a bipolar world that looks like china versus the whole of the west, a reinvig einvigorated nato is not a happy place for xi jinping. it is a dig deal for what is happening on the world stage, not just in ukrai

switzerland says it's going to freeze russian assets going against the nation's longstanding position of neutrality in conflict. luckily these sanctions are having annual effected as russia's economy crumbles. nearly half of russia's centralank assets have been frozen in the last 24 hours the value of russia's currency the ruble is in the gutter. hyper inflation could be around the corner mother russia. is fighting and sanctions intensify, negotiations took place in belarus. but piece was hard to find as russia continues to demand official recognition of its control of crimea. while insisting ukraine can never ever join nato. foreign correspondent trey yingst is live from kyiv with the latest. trey? >> >> jesse, good evening. there is a real sense here in ukraine that the worse is yet to come. we see the skyline behind me very dark in certain places because officials here are telling residents keep your lights off. and if you can stay under ground. it's why so many civilians tonight are living in the metro system of kyiv. they are worried about a continued russian air campaign. we have heard sigh lens throughout the day. small arms fire in the distance and these satellite images, extremely concerning showing a large convo