for to get more on this earlier, i spoke to customer jessica, whose chief economist at i n g germany. i asked him to paint a picture of just how bad the current wave of inflation is. is actually a very li peter. i can paint here it is very high inflation. we're looking at in place to live in class, in the 19 seventy's and eighty's. and now what, what the warranty crane has no penalty celebrated is this inflationary pressure acting. we're really looking into double digit inflation hours in the coming month . and the bad thing is it's not only hurting consumers, it's also hurting the industry companies because their costs are going up. and this is kind of squeezing the entire economy, both at the corporate level and the consumer level. lation, i'm in the euro zone, i'm assuming you're referring to. so what do you think are central banks like the e c. b, doing enough, after all the easy, because not raising rates at all, yet they say they don't want to strangle the post. pandemic recovery, all they're worried of tightening too fast. what do you think this is ryan? i think the, you, the a

n. g, liquified natural gas, and this is a much more expensive gas. so europe, as well as germany and all the other industrialized countries, i essentially talking about replacing cheap gas with much more expensive gas. and that will mean attacks on the european industries de industrialization and more inflation made known that europe continue to import russian gas and oil even now, amid numerous sanctions, have they really no other choice or is it just the master of costs? there is no other choices in the near term. almost no other choice of course, you know transition some natural gas star plans back into call. but that associates with climate problems. they are. 7 of possibilities to reopen nuclear power plant, but germany is not willing to do that either. all the other alternatives, like for example or more l n g. well, that requires a dedicated infrastructure, rigorous, if occasion, facilities, most countries don't even have access to the c. so they cannot be even receive l n g. so these are long term processes. they cost a lot of money. so yes, over the near term, europe will have to import rush and gas. whether they like it or not, they are goi

n. g, liquified natural gas, and this is a much more expensive gas. so europe, as well as germany and all the other industrialized countries, i essentially talking about replacing cheap gas with a much more expensive gas. and that will mean attacks on the european industries de industrialization and more inflation. over the near term, europe will have to import russian gas, whether they like it or not, they are going to do is always to commit. you could make suicide. but i don't think this is what your wants to see. many thanks for joining us. naughty international. plenty more story to be found on our website r t dot com. ah, ah, with a with me i love walking towards a idea of history gravitating to some more and has been one of the most generative and most destructive western concepts. giving rise to reach jeremy and tasha both marxism and liberalism. when a conflict in your brain rekindling the only disputes about the right them the wrong sides of history. is there still a chance for russia on the west meeting somewhere in the middle? to discuss that, i'm now joined by a friend in barbara president of the jerusalem institute for strategic studies.

n g to the independence. the freezing liquid has a temperature of minus 160 degrees celsius. the terminal, it converts it back into gas form. before feeding it into lithuania is underground pipeline network. i asked if germany could also use a terminal like this to units have off rush and gas. i don't see any reason why it would not be if he is a vote. for example, the find the a natural gas consumption. annual consumption is approximately 2000000000 cubic meters. and this specific vessel has a capacity of free boy and 75. so that means that it can supply lithuania and neighboring countries with natural gas. so latrina has a gas surplus which can be redistributed outs for the type head, a terminal only took 2 years to build and our plans to expand it well and shortly to indian independence from russian guess it also benefits of countries to find out how that works. i travel inland this gas distribution have is 300 kilometers from type head up close to that if union capital vilnius the technology here and show us the gas and the pot guns is kept under pressure and is transported across hundreds of kilometers presenter employees over 20 people and they've been especially busy since their c o began expanding t