thank you so abdolreza abbasian, much to our guests abdolreza abbasian, parvin nagala, and , chris weaferthank you, too, for watching. you can see the program again anytime by visiting our website, aljazeera.com. and for further discussion, go to our facebook page. that's facebook.com/ajinsidestory. you can also join the conversation on twitter. our handle is @ajinsidestory. from me, mohammed jamjoom, and the whole team here in doha, bye for now. ♪ ÑçÑqÑqÑqÑqÑÑÑÑ#Ñ#wwÑ?Ñ?o7Ñ;Ñ;?k ç ♪ ♪

from moscow we're now joined by chris weafer, who's the founding partner of macro—advisory. 50 days endssia? -- 50 days in. �* . people in russia? -- 50 days in. at a day-to-day level, -rices in. at a day-to-day level, prices have _ in. at a day-to-day level, prices have gone - in. at a day-to-day level, prices have gone up - in. at a day-to-day level, i prices have gone up officially by about 15% but anecdotally probably more like 30%, depending on whether or not the product has been imported or is domestically sourced. if you are walking around a lot of the shopping malls in and around moscow city in the same with other big cities, about a third of the stores are closed. all the foreign fashion brands, the companies that have all announced suspension of work in russia, so you're walking through empty corridors a lot of the time, and on a more serious level people are now certainly much more aware of the fact that there is vulnerability in the economy. companies, big employers, are talking about extended holidays and warning aboutjob losses for example in the ordinance sector, which is

with us now is chris weafer chief adviser at macro-advisory, with sanctions and slowly being ratchetedt some point will we have an oil and gas embargo? chris: i think that is inevitable if we continue to see the sort of pictures we have been seeing in the last couple of days. particularly germany will have no choice but to take a very tough decision and start blocking the import of oil and gas. as russia has said, once europe starts to reduce volumes, in other words moving away from existing contracts then russia may actually suspend all exports at that point. we are definitely moving closer to the point that we were talking about a couple weeks ago. francine: how fast could this come? i don't know whether it is priced into the markets. if there is an oil embargo, what happens to inflation and gas supplies, what happens to europe? chris: it is not priced in. we are hopeful that situation will stabilize and we don't get to the point where we have an energy embargo. but it is becoming increasingly difficult to avoid that. if it were to happen, then i guess it is a balancing game. right n