news of the gas ruble character putin after a conversation with scholz, and yesterday scholz called putinted oreshkin contacted a german colleague, and he explained the mechanism for paying for gas in rubles , peskov had just told german publications the day before. in particular bild. they wrote that scholl called putin for a reason, not to talk about ukraine but in order to clarify exactly how, putin wants the germans to pay. excuse me in rubles, supposedly schol, referred to the fact that they do not understand in germany. now they understood further putin's order on measures to transfer payments for gas exports to unfriendly countries in rubles completed germany is an unfriendly country scheme can be made public as early as thursday, because just said peskov on thursday coincidentally - it's just today tomorrow friday april 1 tomorrow. we are switching to rubles. look forward to. it is clear that in all today's vectors, tension is growing both in the theater of operations and in the economy, as well as in the information space, there are several fronts, of course, which are like faces

olaf scholz is looking to build on that.e and president erdogan have already talked to vladimir putin several times since the war began. erdogan is seen as someone who understands the kremlin. whether it will help means to be seen, but the german and turkish leaders agree they want a cease-fire as soon as possible. >> each day with each bomb, russia is distancing itself more and more from the global community we formed together. therefore, our joint appeal to the russian president, pause to reflect. there can only be a diplomatic solution to this conflict. reporter: an appeal that seems unlikely to impress the russian leader. there will probably be many more meetings like this before there is an end to the violence in ukraine. brent: our correspondent was at that press conference in the turkish capital today, good evening to you. what stood out to you in what these two leaders had to say? we have the leader of germany and leader of turkey, both nato members -- are they on the same page? reporter: whastood out me were the wor

olaf scholz's government wanted to start changing germany.nstead, it has been changed by events. >> my hope is that his lesson learned now is to more actively engage in security policy to change the culture from a paradigm changed by trade to a paradigm of heart and smart power diplomacy. reporter: under pacifist greens and budget conscious democrats, germany could become one of the world's highest spending countries on defense, and the soft-spoken chancellor finds himself at the center of a major international crisis. 100 days into his term, the coalition is changing things, but not as it expected. brent: let's go to our political correspondent simon young, who has been following the first 100 days. good evening. as the government of olaf scholz delivered? simon: brent, it has been difficult. the covid crisis has been there from day one. and last year, even though nobody was imminently expecting a war in ukraine, the buildup of russian forces of the border there was already a concern from day one. so, if you go back to the election campaign

we had the readout from scholz's office.and scholz insisted in a negotiation has to come through ukraine, and they decided to stay close over the next few days. it fell on deaf ears. tom: aggie cantrell -- aggi cantrill leading our discussion of this over the past few days. jonathan: i think you can get an idea from those pictures as to what he said. tom: futures stable now. the vix backup from the big day we had yesterday. we are covering this with our team in europe, on the polish border as well, but there are other issues going on, eluding the ecb and an important u.s. inflation report. i love in your note, you go to the heart of the matter. it could be now, it could be a late 30's in europe. how do you diversify amid war? lori: i think it is really challenging. i would just say this war is exacerbating trends we were already seeing. there were already concerns about growth. certainly omicron towards the beginning of this year put a bit of a damper on that. we were already seeing high inflation prints. those trends were a

europeans will last a couple of months at most, chancellor germany and scholz, called putin and asked explain in writing the new ruble payment scheme for gas. russian president vladimir putin said this afternoon in a telephone conversation. he demanded that a law be adopted, according to which, from april 1 , gas supplies must be paid in rubles, while he stressed that nothing would change for european partners. payments. as before, they will be carried out exclusively in euros and will be transferred. as usual , gazprombank, which is not subject to sanctions, then the bank converts the money. in rubles, chancellor scholz, did not agree to this procedure in a conversation, but only requested written information for a more accurate understanding of the procedure , the g7 agreement remains in force, energy supplies are paid exclusively in euros or dollars, as indicated in the contracts, while before a telephone conversation in the office of gazprom in germany, officials were searched, officials visited the offices of gazprom, which accounts for about 20% of the german market , sources sa

now i'm instead of a scholz.nd i'm telling you, yes, vladimir well, you launched a special operation against ukraine, this is a humanitarian catastrophe. it needs to be stopped urgently. now you're putin let's eh give and if i were the scholtsy, by the way, i would say something else, i would say, vladimir, you started a special operation, but you you don't win it. here we see that everything is happening much more complicated, much slower than you planned it, it means that something is not so calculated for you. so, maybe those people who gave you advice on ukraine, dear vladimir , maybe they don’t understand ukraine so well if you failed in the first maidan with the second maidan, if in the fourteenth year you didn’t carry out small bloodshed, and generally without all the losses that you are now trying to carry out at such a monstrous cost to your economy. maybe do you think vladimir maybe these people are still not quite professional and somehow we will try to stop. but i don’t know what vladimir replied to t

german chancellor scholz has already said that without russian gas, german enterprises will stop in theountry entire industries will simply cease to exist . well, the macron on duty was literally driven to the wall by the angry voters of the sixteenth election in france, explaining the president that putin, a man who now cannot even afford food and gasoline, is to blame for the economic troubles of the french. for some reason, they do not believe, look. my wife and i earn 4,000 euros between us every month on the fifth day after i pay the bills and the loan for the house, i have nothing left. and i'm not the only one in this situation. i have many colleagues and friends who find themselves in the same situation. i don't have any magical solution for you. it's true about gasoline and gas prices no magic solution. no , we do not manufacture them. and what should we do in this case , we are forced to buy at higher prices. that is why there is a struggle going on in europe now. it's a little hard to explain, but it's necessary to reduce our dependence on russia and have lower prices in the

they are also beautiful and scholz, the leadership of germany and others.n is well aware that the situation that replaces russia in the energy market is completely theirs coming, but well, because they do not pronounce it, i think they have some kind of feeling. maybe i'm wrong that we are somehow not serious about rubles, so that if we are told now, no , we will not buy gas for rubles, we will say. well, okay, yes , everything is very serious here now in that situation, in which we have now turned out to be on the topic of sanctions that, e, imposed on us in the west, and you can already play like that. e, here are the moments with e. there, the oil ruble and so on will work out, it will not work out another matter of principle, of course, they will have to one way or another with these all now common words. here is e. uh, examples when people think about the consequences , for example, heinekin, he says, we are all leaving russia, we are selling business, which means that there is someone there, and phaser is finnish, who are bread. there sweets they have

the last time vladimir putin and emmauel macron and olaf scholz had spoken it was on thursday.n and get his objectives in ukraine seemed, said the source, undimmed. so on that front, not much hope and yet the source was keen to point out that if president macron continues to have these regular phone calls with putin and since vladimir putin continues to engage, the reading of that from the french presidency is that the russian president must believe that a diplomatic solution may at some point be possible. vladimir putin seems determined, but the french continue to believe that there's still point in talking. because for the time being there's been no agreement on that cease-fire and what the french say is they pressed him on the question of the cease-fire, they also pressed him on the siege of mariupol. they said they were going to press ahead with those further sanctions that the european union is looking at. leaders of the european union, representatives, will be meeting in brussels next week to look at what those sanctions might be. and a source said that absolutely nothing

french president emmanuel macron and german chancellor olaf scholz talked with president putin for overhour. a french official said the call was very frank and very difficult and that putin gave no sign that he would stop the war. right now, ukrainian officials are reporting that seven people, that includes a child, were killed after russian forces fired on an evacuation convoy while trying to flee a city in eastern ukraine. that report follows news that russia and ukraine had agreed to open up 14 safe corridors for evacuees trying to leave cities under russian attack or russian control, and as russian forces close in on kyiv, u.s. embassy there is urging american citizens to get out of the country using ground transportation but only if it's safe. let's get right to nbc's ali on the ground in lviv. we know lviv sits near the polish border and it has not been touched by russian bombs yet. there are fears that could change quickly. how is that city preparing? >> reporter: that's right, joe. this is a city on the edge. it may be a safe place, but as the russian bombardment moves further w

and germany's chancellor olaf scholz has| chancellor olaf scholz has pointed this out, that they cannotr reliance on russian energy, despite all the conversations going on between president biden and various other western leaders about the story. what you think of the deputy prime minister alexander novak�*s sort of prediction that we could see oil at $300 a barrel, if russian oil is rejected on global markets? i mean, look, the number is a bit of an exaggeration but i have been calling for prices well above 150, i have said it will go above $170 if not higher, because yes, he is exactly right about the reasoning, that we just don't have enough spare capacity to offset russian production losses, should all of russian production be lost. but the one thing i will say is that even if europe were to not take russian oil, china well, china already is, and they will only ramp up from here. india is also pretty open to taking russian oil, so total russian production will not be shattered. yes, there is a proportion that is at risk, but we still think asia will step in. by age, i mainly mean ch

scholz, and mr. johnson iphone today. we have not heard from putin. jonathan: we have heard from the spokesperson speaking to reuters, and the word the demands. there will be talks, we understand, later this morning between russia and ukraine. russia is demanding that ukraine cease military action, change its constitution to enshrined neutrality, acknowledge crimea as russian territory, and then recognize the separatist republics. what you did not hear was force a change of leadership and remove president zelensky. that was not in the paragraph we heard from the kremlin spokesperson this morning. are those demands, how will they be stomach by ukrainians in those talks? most people suspect not very well. tom: i think the demands where their days and weeks ago, and from what i know, they are not going to be accepted. on the data friend i am just going to go to the initial search this morning, freeport formed -- three poor .50 -- 34.56 on vix. jonathan: inflation comes out thursday morning, expecting it to be close to 8%. tens are at 1.77%. what do you d

maria: completely, and of course, a lot of this has to do with olaf scholz. they have changed the game, and the germans sound very different. i would point to christian lightner, who said security is money well spent. we have to wait until the april election when manual macron -- when emmanuel macron is likely going to be reelected for a second term. this could be monumental if you have berlin and paris, who suddenly say we need to spend more. nothing gets done here if the french and the germans do not agree with it behind the scenes. if you get to presidents who say they are in for more spending, pro-european union, you could argue for brussels, it is going to be much easier to pay out in much bigger ways. jonathan: and big things often happen when there is a crisis. thank you, as always. that poll we mentioned in the last hour, let's do it again from quibi act. americans say -- -- that's do it again from quinnipiac. americans, 71% say they would support a ban on russian oil, even if it means a rise in gas prices. tom: that is a huge outcome. jonathan: they

scholz today said talks to join the european union as soon as possible.de the comments after a meeting with students prime minister in berlin. he said that it is important that the e.u. speed up talks with the two balkan nations to prevent them from being pulled into russia's sphere of influence. schultz and anderson also discussed the question of swedish neutrality as the country consider joining nato. she said sweetest membership in the european union means it is no longer a neutral country. here is more of what the german chancellor said today. >> she and i agree that we want to strengthen the e.u. and make it more resilient as well. the turning point in history means we must achieve real progress within the european union. the time has come to have the albanian and macedonian accession talks begin as soon possible, otherwise the balkan states will be vulnerable for russian influence, and we need to strengthen our capacity in a number of different ways. brent: dw news spoke to the swedish prime minister about e.u. accession talks, and here's what she t

explain to us, please, the germans will tolerate the germans will freeze with chancellor scholz, whichat home. this is normal and key soon april 1st. will we be able to persuade the european union to buy our gas for rubles? hello colleagues, but i'm sure the germans. e hmm don't agree to tolerate 15°, don't agree to walk around in sweaters and sleep under two blankets. there is a good sociology of focus magazines here that uh, yes, now most germans, it seems like, uh, agree that russia needs to be put under pressure with m-th economic measures, but on the other hand also most germans don't agree to pay for this out of their own pocket. so in that sense, chancellor schulz's plans will probably somehow take that into account as well. well, as for hmm willingness to pay for russian gas in rubles. uh, in the public sphere, of course, hmm, european and german politicians do not express and do not express such readiness. moreover, we are talking about today the european union said that as a single organization. she rejects. this plan rejects this mechanism of mutual settlements for russian e

german chancellor olaf-scholz, commenting on such a prospect, said that the currencies in which paymentspart of the contract. and this is what is in effect now, we must proceed from this, and as it became known shortly before our release, according to the minister of energy of germany, the g7 countries refuse to pay for gas in rubles and are ready for all scenarios. we will resolve issues as they become available, but what we will not supply for free is gas. this is clear. this can be said with absolute certainty in our situation to engage in all european, charity, it is hardly possible, and hardly advisable. another group of instructions from the president of the government concerns the terms of preferential mortgages for apartments in new buildings. the rate will be increased from 7:00 to 12% per annum, but the maximum loan amount of 12 million for the central regions of the country and six for the rest will increase. mortgage conditions for families with children, as well as the conditions of the far east and rural mortgage programs will remain the same. well, she had an operational m

during an emergency parliamentary session on ukraine last week, germany's chancellor, olaf scholz, announcedble — including an additional $113 billion for the german army. it's arguably one of the biggest shifts ever seen in germany's post—war foreign policy. olaf scholz, announced drastic measures that would have been previously unthinkable — including an additional $113 billion for the german army. it's arguably one of the biggest shifts ever seen in germany's post—war foreign policy. but in a recent poll, 78% of germans agree with the transformation in foreign policy. appalled by war this is a nation shaking off its past. a climate activist now sees a new threat to her future. climate activist now sees a new threat to herfuture. as children we were told europe is safe, we have a safe space. we are in peace. — safe, we have a safe space. we are in peace. we _ safe, we have a safe space. - are in peace, we are secure. and this has changed quickly. new german generation politically engaged are war and against the oil and gas proven profits from. what is clear that the war in a space of a few

so, i mean, he and france, like 0laf scholz in germany, they are imposing sanctions on russia, they arefor that off ramp, if he is ready for a ceasefire, when he is available to talk, negotiate realistically, then it is important to keep these lines of communication open and ready and so, emmanuel macron has said you know, these calls to the kremlin, they will continue. katya adler with the european perspective. 0n the day that putin invaded ukraine, i was going about my in russia, the kremlin continues to try to control its narrative for the russian public about what it calls a �*special military operation'. in the last three weeks, thousands of people have been detained for protesting against the war. but there is strong support among some, for the reassertion of russia's influence in the region. 0ur moscow correspondent, caroline davies, reports. upbeat music scroll through russian—run social media, and these are the sorts of videos you might see. upbeat russian patriotism, as the country becomes more isolated. in russia, even cheese can be political. the owner of this factory posted

he in france, like olaf scholz in germany, they are imposing sanctions on russia, they are supportingy say in case vladimir putin looks for that offer them, if he is ——off ramp ready for a cease—fire, when he is available to talk, negotiate realistically that it is important to keep these lines of communication open and ready. and so emmanuel macron said these calls to the kremlin, they will continue. president zelensky says abouti,300 ukrainian troops have been killed since the start of russia's invasion. he told journalists in kyiv, that far larger numbers of russian soldiers had died — perhaps 10 times as many, but those figures can't be verifed. as russian forces continued to shell kyiv, mr zelensky said, they'd have to destroy the capital and its population to occupy it. our security correspondent, frank gardner, has this assessment of russian�*s military strategy. it looks like, and it feels like, the beginning of the endgame — although who knows how long that's going to last? if we look at the map here on day 17, the red areas are where russian forces have taken control. in the

that's so worry, and the words of scholz.ury, only one leader of germany with whom i can compare with the scholz, according to him, i don’t want to give this name to me, this person in general , this person means nothing, an enemy of russia, i do n’t know at all how the great german nation could put forward such a thing on well, german nations have the experience of nominating people. i said that i know more.

here, german chancellor ulov scholz believes that russia has violated the rules of the world order iwill all suffer, but russia will suffer the most. how can zarin understand that, on the one hand, sergey lavrov tells us that ukraine seems to be starting to listen to western curators, and from the west, scholz will say something to us, then grandfather will wake up and say something, and after 2 hours his psaki corrects and says, he did not mean it, after all. they understand that in the west they understand what is happening now, or they understand everything perfectly. yes, but they have their own game. i understand that the broadcast time is limited, but still i wanted to to dwell on some points that i did not voice today. and the first thing i mentioned today, the nuremberg trials, and i am deeply convinced, as a lawyer, that we are obliged. that is, a similar process, but not now, since the nuremberg trials, as we all remember from history. he united a coalition of countries against fascism. and today we are seeing practically, as we see, like all countries. uh, against us. yes,

how much gas and over the past weeks and months the minister has saved from answering chancellor scholzounced there would be no boycott of russian energy carriers. if suddenly these deliveries stop, this will lead to the fact that entire industries will stand up scholz also ruled out the possibility of sending a so -called peacekeeping contingent to ukraine. nato similar proposals. previously sounded from warsaw, meanwhile , on the german autobahns, they increasingly became to notice military equipment, its transfer of power is trying to make the webcam less noticeable. on the a8 highway, the broadcast was turned off for security reasons at the beginning of march, internet users cannot monitor the traffic situation using webcams installed on german autobahns, allegedly russian specialists can use this information to track the movements of the military, all these enough video materials to understand the scale such movements , german society is extremely concerned that germany is at risk of being drawn into a military conflict ivan blagoveshchenkov of any dmitry anatoly sidorova channel o

meanwhile, the french president emmanuel macron and germany's olaf scholz have held talks with presidentst report tonight is from jeremy bowen, on the outskirts of kyiv. pictures of russian forces, time and place indeterminate, emerge from their side. among their potential targets here in kyiv, no—one knows their precise orders, but they're assuming an attack is coming. on the ukrainian side, they're trying to make checkpoints into real obstacles. the professionals are a few miles closer to the russians. the soldiers here are all volunteers. they are still expected to fight, even with only a few days training. just over a week ago i met two university friends, maksym, aged 19, and demytro, 18, as they signed up in kyiv. what are you studying? i am studying economy. and i am studying biology. most of the recruits that day were about the same age, making jokes to hide their nerves. when they lined up outside, they looked as if they were off to a festival — except for the guns. now, demytro and maksym have been given uniforms, three days training and they are facing the russians. get used t

if suddenly these deliveries stop, this will lead to the fact that entire industries will stand up scholzthe possibility of sending a so-called peacekeeping contingent to ukraine. nato similar proposals. previously , they sounded from warsaw, meanwhile, military equipment began to be noticed more and more often on german autobahns her transfer of power is trying to make the webcam less noticeable. on the a8 highway, the broadcast was turned off for security reasons at the beginning of march, internet users could not follow the traffic situation using a webcam installed on the german autobahns, supposedly russian specialists could use this information to track the movements of the military , all these enough video materials to understand the scale such movements german society is extremely concerned that germany risks being embroiled in a military conflict ivan head any dmitry volkov dmitry natalya sidorova channel one, berlin and in germany, several hundred people organized a motor rally under the russian tricolor, the meeting point of cologne from there , about 500 participants. we moved

for example, special praise to the courageous decision by chancellor scholz this weekend to seek an emergency appropriation of 100 billion euro for the german military. this effectively doubles germany's military budget this year. doubles germany's military budget this year. he wants germany to fulfill its pledge to spend 2% of g.d.p. on defense. he wants to build liquid nitrogas terminals and make other energy investments to finally dial down germany's dependence on russia. if our wary european friends are finally shaking off their slumber and getting serious, then certainly the united states of america can do the same. president biden must lead the charge and lead it now. now, on an entirely different matter, with a cascade of major crises testing our country, senate democrats are protesting a show vote on mandating nine months of abortion uneager demand across america. senate democrats want to go on record supporting the radical and massively unpopular proposition that we should have if you pleasally unknow restrictions on -- functionally no restrictions on abortion whatsoever. democrats a

the leaders of france, olaf scholz and boris johnson will house.l be holding a telephone call with presidentjoe biden at some point later on monday and of course we also expect a press conference later, including the canadian pm and also the leader of the netherlands and borisjohnson at some point later in the afternoon, so again, diplomacy continuing between world leaders as the ukrainian war with russia continues and it has been several hours, it has to be says, for the latest ceasefire due to come into force in parts of ukraine to allow civilians to leave areas which are perceived by russian military forces. yet it seems the two sides cannot even agree on where the safe routes should go. the ukrainian president has said corridors heading towards russia and belarus are completely immoral, and speaking in moscow, a russian general said there would be a general opportunity for civilians to leave.— civilians to leave. today, the 7th of march. _ civilians to leave. today, the 7th of march, starting _ civilians to leave. today, the 7th of march, start

olaf scholz was part of it, mario draghi was part of it about paying for energy in rubles. you make of that conversation? how far away are we from cutting off russian energy completely? melinda: i am not a sanctions expert. i had an elaborate discussion with experts yesterday and they said it was unlikely but that would be the way to get moscow's attention. it does not look likely. kailey: melinda haring, atlantic council eurasia center deputy director. i cannot say i leave this conversation optimistic but more informed. thank you for your time. this is bloomberg. ♪ kailey: u.s. stocks are dropping as were concerns return. abigail doolittle is tracking the moves. what are you seeing? abigail:: the s&p 500 down 6/10 of 1%. and we have been in the strong risk on period and it is interesting to note you have bonds rally. there was a lot of talk last week about money coming out of bonds into stocks. you could have money coming out of stocks into haven bonds. you certainly have the dollar down which is an interesting not confirming the risk on feel. usually the dollar climbing w

after a conversation with putin, scholz said that the issue of switching to paying for russian gas in rubles would be additionally discussed by experts from both countries, so that they could think faster. transit of gas through the gas pipeline. yamal europe fell to zero, that is, it stopped heating. eh, their houses, the germans are already officially advised to freedom well, for the sake of freedom, they offer to freeze. stop the enterprise industry. even steeper was the european commissioner. margret yesterday, on her orders, searches were carried out in the german branch office of gazprom, and today the european commissioner. instead of gr. he advises europeans to control their showers and every time they turn off the water they say, get the way. legs grow eyebrows again. europe is 40% dependent on russian gas western sanctions have already limited gas supplies from russia to europe and more supply disruptions are expected in the near future russian president vladimir putin last week signed decree that forces unfriendly countries to pay in rubles for russian gas supplies us and e

vladimir scholz, a german from the volga region, a graduate of the ryazan airborne school in 1998, retired from the russian army, went to germany, was replaced by walter, who became an employee of german intelligence specializing in the evacuation of failed agents. this information was obtained from our military counterintelligence. comrade captain of the first rank, in this area we had training exercises several times, there really isn’t, but there is an old hunting lodge. the springs know these places very well. operation failed. i'm on point at one in the morning turn on the suppression of the control equipment of the border guards for 10 minutes. enough for me to go wait for me. near the village of kalina end of communication yes, you wait. are you okay body armor? once again you stick your head in, i personally understood to you, there may be more traps in the house. and i see one. maybe i'm from the street shoot calm down my. done come on. blue in the calculation, i'm sorry that i didn't have time to see you seagull . well , got up? it was great to work with you. thank you and let's

in a statement today, german chancellor olaf scholz threw cold water on the idea of banning the sale of russian oil saying europe has deliberately exempted energy supplies from russia for sanctions at the moment. the heat generation, power, supply, industry, cannot be secured in any other way. so the idea of putting a stop to the sale of russian oil is off the table, at least for the moment. plenty of other things on the table. retired general, former nato allied commander and chair of the middle east institute. i have on the touch screen advance of russian forces. an extra bit in here, too, from the northeastern part of ukraine down toward kyiv that russia claims to occupy, though there are -- there's some information that maybe they don't hold it. looks like the push is coming from the northeast of ukraine, west of kharkiv down here, because, towards kyiv, because all of these forces to the northwest of kyiv have really been kind of held up and increasingly russians are now targeting civilians as part of this bizarre plan to try to inflict as much punishment as possible on ukraine.

for example, courageous decision by chancellor scholz, this weekend, she can emergency billion euro to the german military. which effectively doubles germany's military budget this year, doubles germany military budget this year. west germany to fulfill its pledge to spend 2 percent of gdp on defense a month ago like what if natural gas terminals make other energy investments dolled on germany's - on russia. european friends finally shaking office number getting serious and certainly the united states of america can do the same. president biden must lead the charge and lead it now. on an entirely different matter with a cascade of crises, democrats are prioritizing showboating mandating my months of abortion on demand across america center mets won the go on record to support the radical massively unpopular proposition which are functionally no restrictions on abortion whatsoever. there you have the united states just one of seven nations the entire world that allow elective abortions after 20 weeks. this radical french policy places us in company like china and north korea. nelson dem

nato leaders with president biden and olof scholz and are boris johnson just wrapping up their "family" photo as they go in to talk about putin and the war in ukraine and possible solutions. talk about the macro impact. i know you are a global macro investor you traveled to london you have a world view which is this war ends or comes to a halt tomorrow or soon is that an automatic bid for stocks and conversely, if this slogs on for months, it escalates and putin gets more desperate, does that hurt the stock market or is this kind of, sadly, it's own event which will not mean a lot outside of energy prices to the u.s. equity markets? >> strangely, brian, we looked at the last 20 wars since 1948 that had any global significance except for one war, the yom kippur war of 1973 which was a specific set of circumstances. most wars, the price impact, does not last longer than six months that's regardless of how long the under lying war occurs one problem is the market will move past this news and it can become its own event without having price or market impact. however, oil prices and interes

the french president, emmanuel macron, and the german chancellor olaf scholz appealed to vladimir putinurce added mr. putin still seemed determined to achieve his objectives in ukraine, but the fact he's still talking means a diplomatic solution is not out of the question. i guess that's the best we can hope for now. melissa bell joins us live now from paris with the details. so obviously disappointing outcome, a disappointing assessment of the call. >> we know what the source was willing to say. so as you mentioned the idea that in the end he seemed determined, it had been just a couple of days since olaf scholz and emmanuel macron spoke to president putin. the idea is that some dialogue is better than none, so there was little tangible progress, but the did some sense of his state of mind. determined was how it was described, one adjective used but also the source said this time the rhetoric had changed a little bit. there was no talk of denazification which had been such a theme of vladimir putin's when he spoke of ukraine. and the source suggested there seemed to be some progress in

you heard those comments from olaf scholz they're going to end their reliance on russia as soon as possiblethat's a long time line. we don't know when or if that's possible, do we? we could be talking years from now. >> absolutely, brian and it's a conversation we're having day after day here, how realistic is it for them to end their dependence on russian oil, russian energy more broadly in a timely fashion the reality is europe is incredibly dependent on russian energy and for the most part so far, energy has been left out. so clearly it is a controversial point and it remain as big open question >> and what a turn because for decades germany continued to get closer to russia, but nord stream 2 is finished it's not just open and now this incredible reversal, decades of policy they're trying to change in a year or two, truly incredible times. julianna tatelbaum, thank you very much. >>> let's get a connect on some of this morning's other key business headlines here including a big trade deal between two very old trading parties. seema mody is with us here good morning, seema. >> good morni

i want to tell you now, chancellor scholz, tear down this wall.adership that you deserve and which will make future generations proud. help the peace. help each ukrainian, stop the war, help us to stop it. >> neil: he doesn't need to go talk to a stadium to rally support. just a zoo camera will do. talking to the powers that be in the united states, in canada, in germany. next weekend, japan, the european union and on and on. packed audiences that are watching him and following with standing ovations for a message from a ukrainian leader that is as simple as this. freedom is at stake. not just in my country, but down the road. if you don't do something about it, maybe yours. the read from the senior director at the atlantic council of the urasia center. the difference between his approach and the reaction to what he's saying and vladimir putin trying to fill a stadium in moscow to assure local support for what he's doing couldn't be more dramatic. what do you think? >> yes. the difference between an adoring crowd and a clock. putin is bankrupt. he

olaf scholz in that conference would not even say the name of it and is it a sign of things to come?s moment that united front has been actually a strong moment. >> leading a lot of the rallying of europe is actually the ukrainian president, volodymyr zelenskyy, who has been giving these speeches in country after country after country, tailoring it to each audience and saying to the world, this is your moment to stand up. >> he's been doing the work for some of these politicians in european countries, right? he has shown the people of europe, the people of the united states, what a cause this is. how dedicated his people are to this. and his is a cause worth fighting for because they're not going to let us down, quite frankly, in the fight for democracy. and there was a turning point when he addressed the european council and there were people in tears at the very beginning of this invasion. i don't think you can underestimate his continued strength. don't forget he resisted calls from many a nation to leave ukraine, right. >> his own safety and that of his family. >> exactly. instea

but in a phone call wednesday, germany says chancellor olaf scholz was told by the russian president, meaning euros would still be accepted, but they'd have to go through a russian bank that's not under sanctions, then converted into rubles. germany says chancellor scholz hasn't agreed to that but is seeking more clarity on the plan. >>> soaring covid numbers prompt officials to effectively lock down shanghai. it's the latest effort to contain a dangerous outbreak sweeping through china. we're live in beijing with the latest. stay with us. it's more like...a feeling. turning that feeling into a roadmap.....for free? that's t the planning effect from fidelity. >>> shanghai is directing all of its residents to stay home, effectively putting the city of 25 million people under lockdown. this comes as the city tries to contain the worst covid-19 outbreak china has seen in two years. shanghai has reported more than 30,000 new infections since the start of march, more than 5000 cases on wednesday alone. cnn stephen, joins me with more. this intensive lockdown, i saw some workers are even b

then he took off to berlin, met with german chancellor olaf scholz.terms of what was said, no immediate information on any outcome from this meeting. all israeli officials said, of course the situation in ukraine was discussed and naftali bennett specifically brought up the plight of israelis and jews in ukraine affected by this conflict because there is a large jewish population there. israel has been trying to play the mediator for some time, saying it's trying to take advantage of its unique position in the situation. it has a good relationship with both ukraine and russia. of course, it's a u.s. ally. it also has close cultural ties with ukraine. ukraine has a jewish president, a large ju i believe population. it has security coordination with russia in syria on israel's northern border. israel wants to do this so it can strike targets in ukraine. although israel has come under pressure to come out more forcefully against russia, naftali bennett has not been mentioning russia or putin by name. they're hoping to use their position to mediate, to po

then, but with what he came to europe this time, on the one hand, it seems that emmanuel macron scholz'satch, and other eu leaders are lining up at a telephone booth to call the kremlin and once again try to solve the cause of peace on the other hand, nato forces are increasing their presence in eastern europe, and polish president andrzej duda is trying to put together a coalition that, even if not under nato flag, it will still be able to send nato soldiers to ukraine from the so-called peacekeeping mission. well, the main question. now , what path will the escalation of the ukrainian crisis take, will its allies limit themselves to new economic sanctions bytes, or will we soon hear the defense of the us president these days there was a very busy g7 summit. european union leaders meeting oljay the european union and the united states we will work together and we will surely win, and i dropped something on the floor, i need to pick it up. but the main thing for joe baidan, of course, was the summit of the north atlantic alliance, during which the american leader tried to convince his pa

keeps saying to president macron, who i think the latest person who spoke to by phone was counselor scholz, that we are going to get our demands either if the ukrainian government agrees to them or on the battlefield. so what right now bennett or anybody might be able to say to change that dynamic is unclear. i'll tell you that failed cease-fire down mariupol is very indicative of this. it's clearly not organized. it didn't happen. and by the way, the russians will want to expel the word i'm using but will want people to flee because they want to capture that town because it fills up their land bridge from eastern ukraine to crimea. >> it is part of the russian plan to terrorize the cities. right? this is not accidental. you've seen and covered this in the past if we look at syria recently or going back to chechnya. what does ha mean for the people of ukraine? there's no escape from the country. >> i live and covereded sarajevo for the best part of three years. it was the longest siege in modern history, and a lot is very similar. when they say they're going after military targets, there's

german chancellor olaf scholz saying nato will not risk by intervening with military force. adam kinzinger told my colleague jim sciutto there needs to be a red line laid down here so it's clear if russia crosses that line, what the response will be. do you agree, would a very clear red line laid out by either the u.s. or allies make a difference? >> i think that putin has crossed all the red lines possible. we have our 100 children dead already and thousands of civilians killed indiscriminate and sometimes precision fire on civilians. i think this is the 1938 or 1939 moment when hitler invaded czechoslovakia or poland. basically now we need to draw the price for putin as an example for other totalitarian leaders, what would be the price for invading other countries, civilians taking a territory, taking that? because this, we are potentially standing not at the time when conflicts around the world end, so what will germany do, the united states do in case they want to do something like that? i think nobody should spare any effort towards putin for doing this disastrous thing

i asked a source what state of mind president macron and chancellor scholz had found vladimir putin in this afternoon when they spoke to him. the answer came, determined. determined, they said, to carry out hobjectives in ukraine. it does not bode well and led the french source to say what the europeans will do next week is push ahead if a fresh round of sanctions. they'll look at punishing the russian economy further to bring an end to the bombings, bring an end to that advance we're seeing, apparently relentless advance towards kyiv with everything it would mean. macron said yesterday speaking at the summit of the 27 european leaders, that should kyiv come under attack, there would be some very harsh sanctions specifically because of that. essentially what the sanctions are doing, seeking to punish vladimir putin every step of the way. >> u.s. officials have expressed little optimism that diplomatic channels can end this bloodshed. jeremy herb is in new york. what options are there at this point to ending the war? >> reporter: i think that's the problem, anderson. both u.s. and europ

that olaf scholz, do we know what has come out of that meeting?? that is| right, they have been talking about more german supplies, military supplies, for ukraine. this again is a tough topic really in germany, because traditionally germany tries to rely on dialogue and cooperation with russia rather than military spending, but they have had to change tack here and i think now what we are seeing from resident 0laf scholz is a full on support for ukraine and increasingly that means a military. he spoke to journalists just after the meeting with nato secretary generaljens stoltenberg. translation: we have to do whatever we can in order to silence _ the weapons and we continue to stand at the side of these brave and courageous people in ukraine who try to stand up to russia's aggressions. we make available financial support, humanitarian aid, but we also provide military equipment. germany is making its contribution here and we continue to do so. but i would also like to be very clear and would like to say that nato will not intervene militarily in t

fixed in previously concluded contracts, since our country values ​​​​its reputation also putin and scholztopics covered, in particular exchanged views, and the russian-ukrainian talks held in istanbul, and today the russian leader had another telephone conversation with italian prime minister mario draghi on the same topic as the results of the talks in turkey and payment for russian gas in rubles. the next round of russian-ukrainian talks has become one of the main topics of today's meetings of sergey lavrov with foreign colleagues this morning, the head of our foreign ministry arrived in china, we regard the results of the talks that took place yesterday in istanbul as a positive step forward. it's not yet final result. but the fact that the ukrainian negotiators confirmed the need to ensure a non-nuclear non-block status of ukraine confirmed the need to ensure their security outside the framework of the north atlantic alliance. i consider this to be significant progress , just as i consider understanding progress, but by ukrainian colleagues. and the fact that the issues of crimea and

german chancellor olaf scholz attended the opening.or him, this bodes well for germany is a place for doing business. >> the decision to build a brand-new factory in this country is the right decision and a sign of progress and the industry's future. reporter: the new factory means tesla can save on shipping costs for vehicles and eu import tariffs. the german state of brandenburg that's one of its biggest employers -- 12,000 workers will produce half a million vehicles a year. other companies have come to brendan burke since tesla announced its factory site. rocktech is building europe's largest lithium plant nearby. it is scheduled for completion in two years. chemical giant basf is building a factory for electric cars. now there is talk here of a new high-tech car making hub dubbed auto valley and modeled after california's silicon valley. >> thousands of ukrainians, fleeing the war, arriving in berlin every day. many people of ukrainian descent live and work in the city. our photographer is one of them. she has long documented trad

german chancellor olaf scholz has once again rejected calls to boycott russian oil and gas, saying the cost to germany's economy will be too high. scholz spoke wednesday at the bundestag, the german parliament. >> we will end this as quickly as possible, but that would mean flinging our country and the whole of europe into a recession . hundreds of thousands of jobs would be at risk. amy: germany gets about a third of the oil it consumes from russia and about half of its coal and natural gas. on wednesday, activists with greenpeace painted the slogans "oil fuels war" and "oil is war" on the side of a massive russian tanker in the baltic sea delivering 100,000 tons of crude to a port in rotterdam. >> since the war started, over 230 tankers had left russian oil and oil products, meaning it is almost business as usual and it finances putin's war against ukraine. amy: the u.s. supre court has rejected newtate legislative maps drawn uby wiscoin goveor tony ers and cepted by the wisconsin supreme court which is a major win for republicans. the new map added one black-majority assembly distri