donations, and those who work in the direction of eastern europe but also europe in the whole european development bankor reconstruction and so on, and therefore here uh, an example of only 20 billion - that's it military assistance, but this is the money that the pentagon receives in order to replenish its reserves, and it sends the existing reserves to ukraine, that is, the scheme works as follows the american military-industrial complex is enriched not so much by deliveries to kiev for america, these are pennies, but by state defense orders, which will follow later, when it will be necessary to replenish their own, not so much depleted military-industrial flywheel armament stocks. do not stop the scheme, proven for decades. and this is not talking about the military psychosis about the notorious russian threat that the lobbyists of the military-industrial complex are warming up in american society through the media through think tanks through senators congressmen and even through members of the white house administration, fear as the engine of the war machine, researchers from brown university have

happen in ukraine on the other hand, and funds from our european partners, including from the european development bankre, in principle, one of the cheapest funds that are available, including for the city, and these are long funds that are involved for the development of the infrastructure of water supply , sewage, etc., this is what is necessary for the city to breathe, for the city to move, to develop, and so on, therefore, to be honest, i did not see any critical problems here. i am convinced that ebr will be a reliable partner in that situation and will not demand some coordination actions to increase the pledges or consider the possibilities of destroying payments from an economic point of view for all cities , including for kyiv, for example, it is economically expedient to work with such partners and actually be included in the development of infrastructure, because cities actually exist in order for people to live comfortably in them, so here i want to be an optimist and reassure the listeners that there will definitely not be any catastrophes on this front, cities have something to pay for we

alpine community there of the buchan community, representatives of the european union, the european bank for reconstruction and development. well, i think this is very important for those residents, for those 50% of irpich residents who have already returned from the 40% of buchan women who have already returned. there is no hospital school of the same glass, and we are very much counting on the support of our european partners in the reconstruction of this entire infrastructure. to use, and with this, we were not always all right, thanks to the decentralization reform at the local level, we have such a thing. the local e-e leaders have developed the skills to master the money, because it is not just taken and spent, it must be a program, a project that you want to do all this is a very long-term work that is needed, i would support it with documentation, and therefore what we said there in borodyanka, in particular, in the performance of the duties of the mayor of the settlement, he said that the process of even fixing these destructions. therefore, this is also an important moment. well, while people in particular from

naftogaz is taking a loan for the purchase of natural gas from the european bank for reconstruction and development the amount of 300 million euros. in total , this year, ebr plans to provide the kiev regime with at least a billion euros. that is, to all other debts, you will have to pay off also dishes for filling the underground storage. well, in the meantime, kiev has presented a new requirement for the american land lease, which is to buy lng from the united states under a simplified scheme at a discount, and at the same time, washington is obliged to guarantee.

businesses, and which work in the direction eastern europe but also europe as a whole european bank for reconstruction, developmento on. uh, so here is an example of only 20 billion - that's it, military assistance to us, but this is the money that the pentagon receives in order to replenish its reserves, and it sends the existing reserves to ukraine, that is, the scheme works as follows american the military-industrial complex is enriched not so much at the expense of deliveries to kiev for america, these are pennies, but at the expense of state defense orders, which will follow later, when it will be necessary to replenish own not that heavily depleted stocks of weapons military-industrial flywheel. do not stop the scheme, proven for decades. and this does not speak of the military psychosis about the notorious russian threat that the military-industrial complex lobbyists are fueling in american society through the media through think tanks through congressional senators and even through members of the white house administration fear, as the engine of the military machine, researchers from brown university have

of course, the european union has already allocated funds, and through the program of the european bank for the reconstruction of development through the mb programs through the european commission, they will continue to allocate money, but we are explaining to european politicians and it seems to me that this is a very pragmatic approach. what why should only your taxpayers pay for what russia did, we froze billions of assets, billions of public property worth billions of euros, which either belong to sanctioned persons or belong to the central bank there russia, therefore, please use that money, find legal mechanisms, and we are working with them on such mechanisms so that the funds owned by the aggressor state are spent on the reconstruction of the infrastructure and on compensation for moral damages, because this is no less important for the victims of violence who were subjected to torture and sexual violence. of course, they should receive compensation. someone may want to change their housing, move to another place where this violence took place, and it is obvious that it would be right. to use russian money for this

culture is growing in the west, and for the first time the literary prize of the european bank for reconstruction and development was won by a ukrainian the author serhiy zhadan was recognized for his novel boarding school in english translation and we talk about this award and about ukrainian culture abroad with a representative of the ebr includes the best works of art from the countries in which he invests, and while in previous years it was turkish, uzbek, lithuanian, polish writers, this year ukrainian writers were awarded the writer serhii zhadana is a gesture of support for ukraine while the war is going on . well, that's what zhadan himself said when he was receiving this award in this video. it's an appeal that we 'll watch later. i'm clarifying, i helped to establish this award, but i didn’t actually deal with it, so er, so carefully, like, let’s say , the bbc book of the year award, in which he is still a member of the jury, er, but of course, the translation from the ukrainian language was the first to receive this literary award, this award was founded by me, yes i imagined how to mark translations

financial institutions such as the international monetary fund, the world bank, the european bank for reconstruction and developmentirect our economy to its recovery, er, these funds that are now frozen from the russian federation, according to some reports, from 500 billion dollars to a trillion or maybe 900 billion dollars. these are the losses that have already been inflicted on the economy of ukraine in 3.5 months, so they must be compensated somehow, primarily at the expense of the aggressor, as well as at the expense of international institutions er, the marshall plan for ukraine should already be developed, which will be similar to the one that existed after the war for the destroyed european economy, including for germany, which was then defeated for ukraine as a winner. we very much hope for this. there should be a plan that is many trillions, i would say dollars, many years, not less than a decade. when can we expect it and what is the delay? well, some countries supply, but in small doses, some countries hardly supply, in particular to germany. who is our main ally here? thanks to our western partners. b

we'll get more on that in a minute the developing story, the european central bank announcing a surpriseing. all having to do with the bond market particularly we're seeing some bonds get sold off apparently some central bankers in europe getting nervous about it julianna tattlebaum is in our studios. is it an emergency meeting what do we know about this >> reporter: brian, the european central bank has not used the term emergency meeting an ad hoc meeting wouldn't be called if there wasn't some kind of urgency to the matter you talked about the rise in bond yields. many ecb watchers think this is going to be central to today's meeting. the european central bank announced an ad hoc gathering to discuss what they are calling current market conditions. we are seeing a positive reaction in european equities this morning in particular, we're seeing strength in the italian market that is because we are seeing italian banks performing well. we're also seeing a strong reaction in fixed income markets. italy, once again front and center the focus for today's ecb meeting according to experts who

the belarusian bank of development and reconstruction, as well as the moscow credit and execution bank, these same banks are also on the list of the sixth package of sanctions of the europeannion, but the japanese were also excluded from the existing list with sberbank , one of the key financial institutions of russia, well and in conclusion, you are ours and we are yours, we thought in the russian federation and introduced sanctions against the 61st citizen of the united states of america, this is a kind of response to the restrictions of the russians from of the united states, as reported on the website of the russian e-e ministry of foreign affairs, the list includes the heads of leading corporations of media platforms and rating agencies, as well as individual officials of the us state department . control of the circulation of narcotic substances, the account of the loss of one of the heads of netflix, reed hastings, and the director of communications of the white house, catherine bettingfield, is not i even know what to say to sympathize with them that they won't be able to ride the golden ring of russia now. well, i don't know, but i'm not sure if they wanted to. we

the president of the european central bank, christine lagarde, will be connected. they will talk about capital markets and developmentking system of europe, in particular, there will also be a conference on the future where the leaders of europe will think about how the discussions will develop regarding the development of the future development of europe, in particular, and i want to remind you once again that ukraine and moldova received the status of candidates for the european union yesterday this is how the president of the european commission expressed himself . of finance which countries receive for the further implementation of e reforms as well as preparation for accession directly to the european union. currently, ukraine must fulfill several requirements for further european integration, in particular, these are seven requirements e-e, this is the improvement of strengthening the fight against corruption e reforming the judicial system and the constitutional court as well as to make changes to the laws on media resources and national minorities. however, it is possible to say that this decision is such a s

developed economies. pessimism about the relative outlook for the global economy is shared by european stock markets analysts believe that central banksw only the choice of the lesser of two evils of tightening monetary policy will hit gdp, while easing will increase inflationary pressures at the end of the auction. on wednesday, the european stock exchanges sifted the most lost german daxx index, inflation in the country remains at an all-time high and at the end of the issue. let me remind you of the exchange rate for today, the dollar is 51 rubles. 15 kop. euro 53-85. and that's all for now roman thank you very much. let's break now, then briefly about the key news of the hour, but we will also tell you about the most significant events that took place on this day in different years. wink video service winx you do not pay twice. i don't cry twice. i have a wink, a video service. wing combines online cinema and interactive tv on any five devices. the largest bank is a bank that even in the smallest corner of russia knows how any mother will like this bank. this is a bank where you, at any age, six and nine, and any inhabitant of the

multilateral development banks will play a catalyst role in mobilizing private capital, along with our public support. the european union is moving forward with our global gateway initiative. at our eu africa summit last february, we announced in africa europe investment package of 150 billion euros. we are investing in many countries, projects in africa, and with africa. the submarine, the local pharmaceutical operation, are two examples. we are engaged in the field of sustainable connectivity and transport, energy and technology. in conclusion, we need values and standards. that is why we are fully on board. i believe, i am convinced, that the g7 and eu are taking the right direction for a more stable and forward-looking partnership. i thank you. >> the last that will speak to us is the prime minister of italy, mario. >> thank you, just words after everything has been said. this group of countries is being the largest financier in assistance to investment projects in developing countries. we have to do more, and we also want to be this effort, widely acknowledged in partnerships with developing countries. multil

financial institutions, european reconstruction and development, the big twenty, i am specifically not talking about the big seven, the big twenty, the international monetary fund, the world bankconstruction and development, and of course for donors, for the international community, very it is important for trust to have an agreed upon procurement system that is transparent transparent honest fair and well managed either by a separate department or by a third party that there would be people who would specifically deal with issues of monitoring and reporting on the use of these funds. i think that this is something that needs to be thought about even now. as for the private sector, there are many measures to build trust, first of all , it is about political risk insurance and access to courts and guarantees of fair trials . therefore, the judicial reform in ukraine should continue, perhaps it should be done on the basis of legislation similar to the legislation of great britain in order to ensure the rule of law for the time being in this there is no specific plan agreed upon, and i think that the meeting in lugano and at the level of the big seven will be taken steps to achie

, notably, inefficient turn threes, utility development banks will play catalyst tool in mobilizing private capital a laundry. sotheby's support. the european union is moving forwards. we saw at global g 3 initiative at our you effort to assimilate shabury, we announced an africa europe investment package of 150000000000 euros. we are investing in many countries, projects in africa, and with africa. the submarine your refugee gateway table, and the local pharmaceutical distribution ought to do with examples in the low price. if each we are very engaged in the field of sustainable 2015 twins, called energy and technology inclusion, we need values and standards. and that's why we are fully on board. i believe i am convinced that the g 7 in the you are taking the right direction for a more stable and forward looking partition. i think you tell us that will you speak here to us is said the prime minister of italy, mario docket. thank you all as just to words after empathy has been said, this group of countries is been the largest financier in assistance to investment projects in developing countries. we have to do more and we also want to be th

developers will be able to join the five haday event for free. some can also get onon-one guidance with apple engineer designers and experts. the european central bankannounce policy direction on thursday. the ecb is shifting away from easing stance in the face of rising prices. president lagarde gave some hints on may 3rd. interest rates will lift off from july and negative interest rates will become a thing of the past by the end of september. >>> now, on friday we are going to see inflation numbers from the world's three biggest economy, the u.s., china and japan. prices are basically rising worldwide. trends are showing distinct differences by country and sector. japan central bank will release the price index for ppi in may. data for april shows wholesale inflation accelerated, hitting a 41-year high. the weaker yen pushed up the cost of crude oil and raw materials. companies in people experiencing different kiepds nds of price t. japanese companies tend to be reluctant to hike their prices. doing so would result in sales. the u.s. labor department will release its cpi for may, strong c consumpti consumption. they rose 8.3% in april, hovering a

economic crisis, but china calls for strengthening the new brix development bank and accepting new countries into it. accelerated procedure the european parliament supported the call to give ukraine and moldova, the status of candidate countries for eu accession, the procedure is not easy, very long, but also the applications of kiev and chisinau. in this case, too, not ordinary, as they say in brussels, an open and permanently final decision on the status should be made at the eu summit that started today. well, the question is, what next? how many years will have to wait for real accession to the eu and whether it will be at all? well, actually granting ukraine moldova the status of candidates for entry is one of the key topics of the summit european council. charles michel has already stated that the future of ukraine, moldova and georgia in europe georgia, it must be said, also claims the status of a candidate country, but the georgian issue in the european union is not in a hurry to postpone it indefinitely. here is the adoption of ukraine and moldova on the contrary. decided to speed up the applications were submitted in march v

addition to the european union disconnected from the swift system the largest russian bank sberbank as well as the moscow credit bank russian agricultural bank and the belarusian bank for developmentconstruction banned the broadcasting of russian propaganda channels russia rtr rtr planeta russia 24 and the international tv center in the eu territory with today's package we strengthen the restrictions on the kremlin's ability to finance the war by introducing additional economic sanctions we ban the import of russian oil into the eu reducing a huge source of income for russia, we are disconnecting more key russian banks from the swift international payment system we are also imposing sanctions against those who are responsible for the atrocities that took place in buch and mariupol and we prohibit more disinformers who actively contribute to the military propaganda of president putin, josep borel , the representative of the eu for foreign affairs and security policy on this for the time being, everything will be logical at 15:00, wait for more news in the meantime read on our website espresso.tv a short overview of the main points on our telegram channel espresso.tv news the most i

european union programs that have become available to us? the main thing we are doing today is developing a recovery plan together with experts from the world banknd other international institutions for so that those one voice on the one page see how reconstruction should take place in the same way as it happened in other countries, not always after military conflicts, but there we understand for ourselves that in during its time there, poland was rebuilding roads, poland was doing thermomodernization, everything was happening at the stage when poland was part of the european union, so we really hope that our preliminary preparation, which is already happening today at the level of cooperation between international institutions european countries will help us quickly a-a get this aid for the reconstruction of ms. olena, what is the situation with the humanitarian component in those regions where a-a active hostilities are taking place, we will understand that it is difficult with access, but still is it possible to deliver it there, and if we talk about points that are temporarily occupied, such as kherson , e.e., today i literally had a convers

bank, in particular, will be disconnected from the swift system. andriy yarmak also announced that the plan to refuse the european union from russian gas has already been developed it will include 50 billion cubic meters of liquefied natural gas imports from the us to the bush cutter, as well as an additional 10 billion that will be received through pipelines. in addition, the transition to green energy will play an important role, friends are now joining the field marjana budzherenza, researcher at the belfer center of the harvard kennedy school of government ms. marjana, welcome to our broadcast, welcome good evening good evening ms. marjana so, the seventh package is ideal. everything was so smooth, in your opinion, what difficulties might arise specifically with the seventh package of sanctions, well, first of all, it seems to me that i am a country of the european union , and so are the rest of the countries in the west. queue the sixth package of the sun, it needs to be metabolized a little before starting to think about how to proceed , after all, the sixth package of sanctions. as we know, it was the most controversial. it was the most difficult to imple

development bank and admitting new countries to it. vladimir putin stressed the authority of brix has grown significantly ukraine and moldova received the status of a candidate for joining the european of the european council said that this is a historic moment, however, many in europe are not happy portugal believes that ukraine's entry into the eu will lead to destruction. union so whether the game is worth brussels with a thing found out regina sevastyanova this decision was made by consensus and de facto. it was the most predictable. the decision of this two-day summit, since de facto it was adopted at the beginning of this week, when the past countries of the european union agreed on the positions of all countries on this issue one of their last doubts. removed the wound the netherlands today comments on the prime minister. mark of the netherlands coolly stated that after seeing the proposal of the european commission. in the hague, all doubts were dispelled because, according to him, the european commission, represented by ursula vonderlein, president of the european commission, president of ukraine volodymyr zelensky, in particular. as she put it fiercely, she explained quite

banking. >>> the big developments in ukraine today. nato planning to move more troops closer to russia's border. the europeanon a faster track. the russian president vladimir putin today reacting with considerable scorns, speaking in st. petersburg. putin lashed out and promised success in ukraine. >> translator: our soldiers and the militias of donbas are fighting to defend their people. all the aims of special operation will be achieved. >> cnn is covering the story from all angles. barbara starr live at the pentagon. fred pleitgen live. tell us more about president putin's speech. >> reporter: well, it didn't take him long to start rips into the united states and the western allies, essentially blaming the u.s. for what he called a conflict in ukraine, and essentially he basically said forcing russia to invade ukraine because essentially he said the u.s. was sort of bringing ukraine into nato's auspices over the past couple of years and russia was forced to act the way it is. this is according to vladimir putin. he also was forceful in saying he would not allow russia to be isolated economically. he said

multilateral development banks will play a catalyst role in mobilizing private capital, along with our public support. the european union is moving forward with our global gateway initiative. at our eu africa summit last february, we announced in africa europe investment package of 150 billion euros. we are investing in many countries, projects in africa, and with africa. the submarine, the local pharmaceutical operation, are two examples. we are engaged in the field of sustainable connectivity and transport, energy and technology. in conclusion, we need values and standards. that is why we are fully on board. i believe, i am convinced, that the g7 and eu are taking the right direction for a more stable and forward-looking partnership. i thank you. >> the last that will speak to us is the prime minister of italy, mario. >> thank you, just words after everything has been said. this group of countries is being the largest financier in assistance to investment projects in developing countries. we have to do more, and we also want to be this effort, widely acknowledged in partnerships with developing countries. multil

bank . times is nasty. the truth is that rising prices for oil and gas made everyone poorer writes the publication of such a development of events the europeans results of a survey conducted by the sociological service euroborometer 59% of respondents. they admitted that they are not ready to face a further increase in food prices. however, they continue to rise in price the last time i shopped at the supermarket a week ago. i spent 120 euros. but before that , the economic crisis could turn into a migration crisis, as the spanish el pais writes, because of the threat of hunger, refugees can flood into the eu and north african situation. there is already a serious one of the reasons, anti-russian sanctions have been violated, supply chains have been disrupted at a rate, as follows from a report by european analysts, to which the publication refers, hunger could lead to new protests. timur will be slain by dmitry volkov yulia zagranichny dmitry malyshev vladimir olkhovsky channel one london an earthquake of magnitude 6 hit afghanistan last night destruction in six provinces, including in kabul under the rubble according to the latest data, 1,1

development of transmission systems. banking information payment information not through the elevator directly at our session it was empty for anyone to pick up, as the americans, the europeans their monopoly on the issue of world currencies on anti-russian sanctions in the world there are no more backup gates. we need to create new basket of currencies. we have already switched to the national currency in our calculations. but then the calculations, but the problem was two single calculations and logistics for colorfulness, let's look again at argentina, where did the world step tango from? not only each individual house , each individual section is painted in a different color. this can be explained historically near the port where the ships were painted. well, just what was left. here it was spent here on questions. what ships and colors will remain here now, however, as everyone knows, the supply of ecuadorian bananas has resumed to restore and the flow of goods in the opposite direction to latin america and from russia again, fertilizers went. although of course. this is a new reality. there is a very limited number of shipowners who are ready to call at russian ports a

european session. western sanctions preventing moscow from making those payments. we will get the details, next. this is bloomberg. as a main street bank, pnc has helped over 7 million kids developassion for learning through our grow up great initiative. and now, we're providing billions of dollars for affordable home lending programs... as part of 88 billion to support underserved communities... including loans for small businesses in low and moderate income areas. so everyone has a chance to move forward financially. pnc bank: see how we can make a difference for you. shery: russia has defaulted on foreign debt for the first time since 1918. su keenan the details. we know this is a symbolic development but is also historic. su: it is technically real. highly unusual both legally and financially because russia claims it has the ability to pay but is prevented from doing so because of the increasingly tough western sanctions that invented making payments on that to overseas creditors. from a russian perspective, this is a farce. they say put whatever label you want on it, in the words of finance ministers, anyone who understands the situation knows this is in no way default. how

here , we will see the approach of development and russo's strategy tomorrow, what the central bank will offer us as a strategy with this, in my opinion, the europeanlready yes no, he said that he would raise it in july. bye. e, while negative even to deny. well, that is, they will raise to zero, and our international september. it will be zero, because they are at 20:025 going in july and at 05. most likely in september. and our international reserves, meanwhile since january increased by two and 70 times. yes, we still understand where to spend them. return them there. we would have to return them to spend, but on the other hand. i think like that. well , if we expand, then, probably, we just have to expand. well, we need parts. well , let's expand to those places where the factories are, producing spare parts. i somehow still feel sorry for anyone, but remember bulgakov, father they will come and give everything themselves. i remember, but i didn't. yes, but there was a problem. yes, the fact that the distance turned out to be not what we would like, yes, yes, karenging well, yes, but we rubbed a lot about the empire here. sorry jargon. yes, uh,

development and growth strategy. tomorrow we will see what the central bank will offer us as a growth strategy, in my opinion, the europeanaid that he would raise in july. so far so far negative, even negative. well, that is, they will increase to zero. well, yes, and our international september. it will be zero, because they are going to 20:025 in july and 0.5. most likely in september about our international reserves, meanwhile since january they have doubled and 70 times we still understand where they are to spend them to return to us to return still to spend, but on the other hand. i think like that. well, if we expand, then, probably, we just have to expand. well, we need parts. well, let's expand to those places where the factories are producing spare parts. here i am somehow still offended by the law. yes, well done, remember bulgakov. here they will give everything themselves. i remember, yes, but there was some problem. yes, the fact that the distance turned out to be not what we wanted, yes, yes, karenging well, yes, but we rubbed a lot about the empire here. sorry imperial jargon. yes, uh, i have said my opinio

naftogaz takes out a loan to buy natural gas from the european bank for reconstruction and development amount 300 million euros in total this year, ebr plans to provide the kiev regime with at least a billion euros. that is, to all other debts, you will also have to pay off the dishes for filling the underground vaults. in the meantime, kiev has presented a new requirement for the american land lease, which is to buy lng from the united states under a simplified scheme at a discount, and at the same time, washington is obliged to guarantee its supply in the amount of at least 6 billion cubic meters. at the moment the allen lise papers only includes defense supplies. the meeting of the federal reserve system the key event of the day of the financial markets today, yes, and for the near future, enrique intensifies every day, passions began to boil last week after the release of inflation data, which turned out to be higher than expected. against this background. market participants have begun preparing for a more aggressive rate hike and are pricing in a 75 basis point increase by septem