u. e. where i was speaking to you from for trying to add to this multi polar well, because as you know, for decades they have been seen in washington as compliant states with us policy. yes, of course, there is a risk and i think the people, you know, rather countries are leaders, they are now very rational and they are wise, once again, again to prove in the dean, making a very rational decisions as things are fully understand, maybe better than you and me about what the risks really are. they have to do this because of those explosion off know a straight one. and 2 is saying that united states not only want to dominate, dominate or monopolize in the areas of security and economic development. the one also one who is a dominance in the energy market, because if you are a line that send energy to your, from russia, then they, you have to, you know, depend on the energy from, from great britain, norway, in the united states, in other one way the united states trying to monopolize the supply and de

e u countries ability to buy russian oil at any price. because from monday, december, the 5th, a band comes into play on e u. countries buying any russian all at all at where it has global significance though, easy and limiting e u countries ability to license and insure vessels. many of them registered in e u. countries carrying seaborne russian oil the so called urals oil to big oil. consuming economies like india and china, where the criminal says russian president, vladimir putin, is open to talks towards ending the war in ukraine. but putin says the west must accept his demands, and russia won't be withdrawing its troops from the annex regions of ukraine on thursday. you as president joe biden said he was willing to meet with peyton if he moved to end. the conflict paid a very heavy price. south africa's governing party as postpone to decision on the political future of embattled presidency or ra, a poser. the president was investigated after he failed to report the theft of a large sum of us dollars from his private game farm in 2020. the independent inquiry found he may have violated his oath of office. the president's office says he will address th

e u countries ability to buy russian oil at any price. because from monday, december, the 5th, a band comes into play on e u. countries buying any russian all at all at where it has global significance though, easy limiting e u countries ability to license and ensure vessels. many of them registered in e u countries carrying seaborne russian oil the so called urals oil to big oil. consuming economies like india and china, where the kremlin says russian president vladimir putin, is open to talks towards ending the war in ukraine. but putin says the west must accept his demands in russia wouldn't be withdrawing its troops from the antics regions of ukraine. the government said putin has complains that the west was pumping weapons into ukraine, putting ukraine off any negotiations on thursday. you as president joe biden said he was willing to meet with putin, if he moved to ends the conflict. i'm prepared to speak with mr. prudent. if in fact there is an interest in him society, he's looking for a way to end the war. he hasn't done that yet. if that's the case, in consultation with my friendship with friends, i'll be happy to sit down, recruiting to see what

hello vision and radio company v g t r k, which could potentially have the assets frozen and e u countries where we see a one, the ren tv and other channels could lose their broadcast licenses. over $100.00 russian media personalities including popular tv present, it could also be blacklisted. i mean, while the committee continues actively supporting global pro western media outlets earlier this month, they demand the band be listed on us funded broadcast. the radio free europe, radio, liberty, and i'm gonna stone my last month it demanded access be restored to the broadcast. this kid gives website the committee failure to live up to its international promise come to the member of germany's main opposition party attempts to start his own campaign against russian media, christine social union representative. andrea didn't hold sounds proposed to the creation of a committee to control this part of so called russian distance. eventually, this information, the danger of russian propaganda and as information in germany should not be underestimated, especially now when everything is getting more expen

e u r. c, l being negotiated for it, we are advocating ambitious target is the goal for a courageous or jump into the next, the euro, r e u industrial history, where we have a 0 carbon, more in technology, creating new prosperity on this basis. the ladies and gentlemen lived in the process of a new enlargement. putin has actually accelerated things as well. ukraine, moselle, enjoy jazz. what would it have opened up every i'm individual feeder negotiations to accession, but the accession process of the western balcony has been stapled up as well. and this is something that is particularly close to my heart from the berlin processed summit on the 3rd of november. and the chancellor is unheard, showed that conflicts of the past as with sense again and again are not over but can be overcome. progress towards becoming an e u. membership is possible. and this assessment was one that i announced into rana at the western balconies summit. as well, and i will continue to an energetic, re push for this tomorrow at the e u summit and next year as well. and it isn't right and good that bosnia herzegovina this week has become an e, you accession counted as wel

e. u summit in brussels, where leaders are considering a new package of sanctions against russia. the 27 member states are almost unanimous in their support. the ukraine with the spillover effects of the war, deepened divisions on issues such as record high inflation and the growing energy crisis. ukrainian president vladimir savanski join the meeting via live link and appeal for more advanced weapons. i believe you had a corresponded banter, reagan to joins us from brussels. welcome banter, 10 months into this war. is unity among you members? states holding up it is the 27 leaders, sir. listened again to a moving speech. sure. by the ukrainian president villarreal zalinski, and afterwards they declared that their commitment to help ukraine is unwavering. there will be help for humanitarian issues. there will be have to buy ammunition and weapons and they will also be helped to maintain the budget of the ukrainian state. those that ukraine is actually able to, to pay pensions and to salaries to teach as nurses, and others, 18000000000 euros. there will be available for that next y

e u countries ability to buy russian oil at any price. because from monday, december, the 5th, a band comes into play on e u. countries buying any russian all at all at where it has global significance though, is in limiting e u. countries ability to license and ensure vessels. many of them registered in e u countries carrying seaborne russian oil the so called urals oil to big oil. consuming economies like india and china, the kremlin says the russian president, vladimir putin, is open to talks towards ending the war in ukraine. but putin says the west must accept his demands, and russia will be withdrawing its troops from the annex regions of ukraine. the kremlin said putin has complained that the west was pumping weapons into ukraine, putting ukraine off any negotiations on thursday. you as president joe biden said he was willing to meet with putin, if he moved to end the conflict. south africa as governing party has postponed a decision on the political future of embattled president, civil ram, oppose them. the president was investigated after he failed to report the theft of millions of dollars from his private game farm in 2020. the independent inqui

e. u summit in brussels, where leaders are considering a new package of sanctions against russia. the 27 member states are almost unanimous in their support of ukraine. but the spillover effect of the war of deep and divisions on issues such as record high inflation. the growing energy crisis, ukrainian president vladimir zalinski, joined the meeting by a live link and appeal for more advanced weapons. and it will be the lady that corresponded band reagan is following that to summit, i asked him how unified the e. u is in its support for ukraine 10 months into this war. but in principle, the unity of their old 27 leaders commit to help or ukraine more in the next years to come. 8 for humanitarian things, 8 for the budget, and also ammunition and weapons. the leaders will talk about this request from are followed immediately lensky, the ukranian president. they also are considering to deliver more heavy weapons or even anti rocket systems, like the patriot system. a but, or the devil is still in the details when it comes to money. poland is now blocking a package, an 8 package, or

much in any way e u. countries ability to buy russian oil at any price because from monday, december, the 5th, a band comes into play on a you countries buying any russian all at all at where it has global significance though, it is in limiting e u countries ability to license and ensure vessels, many of them registered a new countries carrying seaborne russian oil, the so called urals oil to big oil, consuming economies like india and china. so africa as governing party has postponed a decision on the political future. president serrano poser and president with investigated after he found to report the theft of millions of dollars from his private came far in 2020. the independent inquiry found he may have violated his oath of office. the u. s. has unveiled its 1st new stealth bomber in more than 30 years. the b $21.00 rater is designed to eventually replace the aging b one lancer and b to spirit aircraft. china is gradually easing some of the world's toughest covert 19 restrictions. after a week of unprecedented protests there, people in beijing and shanghai have seen reduced testing requirements and quarantine measures a u. s. backed group that helped to defeat iceland,

justst like a snsnowman ♪ ♪ so openen your eyeses lend u us an ear ♪ ♪ we e want to sasa merry chriristma and d a happy nenew year ♪ ♪ you'r're here where't the sasame alone onon christmasas day ♪ ♪ present what a beaeautiful sigight ♪ ♪ i it don't memean a thingng if you ainin't holdingng me tight ♪ ♪ youou're all ththat i nee underneaeath the trere toninight ♪ ♪ christmtmas tim is h here ♪ >> wowow that feelsls -- does t that not feel a a like -- t that feels s a lilittle high h for you. >> jimimmy: powerfrful >> powowerful? it feeeels like wewe might - mamaybe we wanant somethining ts more i in your -- - a better s for you. maybe sosomething lilike - ♪♪ ♪ [ cheers and applause ♪ ♪ [ clapping ] ♪ ♪ ♪ step into christmas dance, join together ♪ ♪ we can watch the snow fall forever and ever ♪ ♪ eat, drink, and be merr come on along with me ♪ ♪ step into christmas the admission's free ♪ >> jimmy: ladies and gentlemen, please welcome the radio city rockettes! [ cheers and applause ♪ ♪ step into christmas dance, join together ♪ ♪ we can watch the snow fall forever and ever ♪ ♪ eat, drink, and be merr come along with me ♪ ♪ step into christm

e. u and moscow deepens. and a reminder of the top business story where following for you this, our germany is one step closer to ending its reliance on russian gas after a huge ship containing ellen gee arrived at the port of thanks dante ah, with a ppo india. before and after cleaning the water tanks and come on by or can it be blocking to make a positive contribution to society? the hot bodies of organizing manny comes in as managed to unite people in the southern indian region because they all about water. he says he won't stop setting new goals. eagle, india, in 30 minutes on d w. ah, sometimes a seed is all you need to allow the big ideas to grow. we're bringing environmental conservation to life with learning packs like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing, download it now for free. ah, every journey is full of surprises. we've gone all out to give you some tips. why they indian only the footsteps of the right people. i'm in europe. northern most count pleas

e. u and moscow deepens. and a reminder of the top business story where following for you this, our germany is one step closer to ending its reliance on russian gas after a huge ship containing ellen g arrived at the force of extra ah ah, with ah, ah mito india before and after cleaning the water tanks and come on by talk, can it be blocking to make a positive contribution to society? the hot bodies of organizing manny comes in as managed to unite people in the southern indian region because they all about water. he says he won't stop setting new goals. he took india in 90 minutes on d. w. maker rary to read noon if there is any erotic events between them, you'd have to find it between the lines. he w literature. 100 german must reads. ah, they breathe, lou. they have body and soul. the houses that daniel rebus can construct are more than just building his ideas. bold and passionate. you have to be radical. that's what radical me go back to the roof. he is the son of jewish holocaust survivors. how lucky that i was able to build your shoes in berlin because it's very closely related to me as a person who is a

e. u. countries ability to buy russian oil at any price because from monday, december, the 5th, a band comes into play on a you countries buying any russian all at all at where it has global significance though, easy limiting e u countries ability to license and insure vessels. many of them registered any you countries carrying seaborne russian oil, the so called urals oil to big oil consuming economies like india and china. so that potential significance there, the kremlin says vladimir putin is open to talks about the so called special military operation and ukraine. but it's wanting that washington must accept his demands on areas under russian military control. elliot, u. s. present, joe biden said he was willing to meet russia's president. i'm prepared to speak with mr. prudent. if in fact there is an interest in him society and he's looking for a way to end the war, it hasn't done that yet. as the case, in consultation with my friends should of france. i'll be happy to sit down, put to see what he wants has in mind. south africa's governing party has postpone a decision on the political future of embattled president cylinder. i'm a poser. the president

of entry is along the border between serbia, which is not in the e u, and hungry, which is around the serbian village of one of us, where there is a border crossing, a number of illegal migrant camps have emerged. serbian police often read these camps and move people to other parts of the country. at the end of november, more than $1000.00 migrants were detained. well that rage to place just after our reporter he drove the ferry visited one of the camps, such a wall. se for the muse, the woman tears with a group housing migrants on their way. he understands more than most what we are driving towards. he came here from, i've gone, is done, and now's what is to risk everything for a chance of something better. because you don't put up when you are on his road. if you don't know what's going to happen in an hour, what will happen to you? chance you're walking in a jungle with smugglers, but you will never know if you will make it or not. oh, where you are going. god knows muscle know dollars in that say for the in was 14. when he tries to get to germany, he only made it to serbia. now he helps those that are meant to get f

e. u and certainly not pose a you industries. okay. where a pie so you know, so what we're going to do is he, the indians realised that the europeans became rich off of cheap, reliable russian energy. now they're going to do the same thing. ok. this is not difficult to understand pi. yeah, the other thing both of you just mentioned, i agree with jack on his analysis is, i mean this is like 5th degree of 5th dimension. chests, whatever the analogy you want to use, because ah, as the oil price spike sat in, or $200.00 a barrel of it, you know, and yet india and china and these kind of traditional loyal customers to russian oil and natural gas benefit from cheaper pricing. all of this will gradually dovetail geopolitically into serving what i mentioned earlier, this eastern currency play, which seeks to replace the petro dollar standard. ah, it's aimed at doing that in order to make it attractive. a showing the dysfunctions of western stayed, you know, obsolete pricing of powers while disabling sanctions at the same time against russian or part

e u countries ability to buy russian oil at any price. because from monday, december, the 5th, a band comes into play on a you countries buying any russian all at all at where it has global significance though, easy limiting e u countries ability to license and insure vessels. many of them registered any you countries carrying seaborne russian oil, the so called urals oil to big oil consuming economies like india and china. the kremlin says, russian president vladimir putin is open to talks towards ending the war in ukraine . but potent says, the west must accept his demands, and russia won't be withdrawing his troops from the annex regions of ukraine. the kremlin said putin has complained that the west was pumping weapons into ukraine. pudding, ukraine, off any negotiations. credible south africa as governing party has postponed a decision on the political future of embattled president, civil robber poser. the president was investigated after he failed to report the theft of a large sum of us dollars from his private game farm in 2020. the independent inquiry found he may have violated his oath of office. the president's office says he will address the rep

e u countries ability to buy russian oil at any price. because from monday, december, the 5th a band comes into play only you countries buying any rational at all where it has global significance though, easy and limiting. e u countries ability to license and ensure vessels. many of them registered in new countries carrying the cbl and russian oil, the so called euros oil to big oil consuming economies like india and china. so the point of any kind of a russian oil price cap is to take as big a bite as possible out of russia's war chest independent experts appear to agree. they're already pointing out that this measure as set now appears somewhat toothless with the value of rational already just about $60.00 or even less. how does the price work? well, countries that sign up will only be able to buy oil ship by sea at $60.00 or less a barrel. india and china, or russia is top oil buyers, accounting for more than 40 percent of exports. they've been getting huge discounts and they're not interested in joining the price cap. but western countries say they won't ensure shipments that sell russian oil above it, as especially a problem for india, which has

and really we look back in retrospect can thing what uh, where the g 7 and the e u in the united states thinking that's how we will impose the mother of all sanctions. and we will bring the russian economy to their knees. i mean, you know, they've actually started believing their own propaganda, which is very dangerous of russia is nothing more than a gas station with nuclear weapons. i mean, russian is the biggest energy use or in the world is the biggest good grain producer in the world based fertilizer producer in the world. you know, person, precious metals, producer in the world. i mean, you know, russia a produces things that people want to buy. that's very difficult to bring such an economy to his knees. and of course, they didn't bring russia to its knees. and it is indeed the europeans, not so much america, the europeans, was offering the consequences because the europeans are consumers of energy and food and the rest. and they go to, what about it in the united states is happy to see europe in economies. collab, demons, absolutely. right, but leave the reversal of what we've b

what uh, where the g 7 and the e u in the united states thinking that's how we will impose the mother of all sanctions. and we will bring the russian economy to their knees. i mean, it's, you know, they actually saw them believing their own propaganda, which is very dangerous of russia is nothing more than a gas station with nuclear weapons. i mean, russian is the biggest energy, but you sort of world is the biggest grain producer in the world based fertilizer producer that, well, you know, precious metals producer in the world. i mean, you know, russia, it produces things that the one to buy that's very difficult to bring such an economy to his knees. and of course, they didn't bring reference to it's me any, it is indeed the europeans, not so much the mark of the european was suffering the consequences because the europeans consume energy and food and the rest. and they don't know what to do about it in the united states is happy to see europe in economies. collab demon is absolutely right. but the, the reversal of what we've been expecting, we've built that the russian military wou

this will be unworthy. ukrainian official made the remark stirring key of security forum where a number of nato and e u representatives participated as well. u. s. under to under secretary of state for political affairs victorian newland also delivered a message from washington and said, ukraine not does not stand only for itself, but also for the western world. the united states will stand with ukraine for as long as it takes because the american people understand you're not only fighting for your own survival, you're fighting for all of us. putin's attempts at violent conquest, his war crimes is nuclear black male, his hunger games. and now his effort to freeze ukrainians as winter deepens, must be defeated. well, to get more on this story, we're in a cross live now to professor at the institute of european studies steven guy, it's thanks for joining us on the program, steven. so russia should be annihilated. what do you think about this statement? well, i think that this is nothing you, i mean, historically we've seen the all, you know, such magnitude happening before i let me just remind you that t

e. u and moscow deepens. meso, from a business same here. valenze from all had i was a d, t o e dot com slash business, or the g to renewed youtube channel, where you can watch our latest data. he's business special, asking his sanctions against russia, have backfired to next time with making the headlights and what's behind them. d. w, news, africa. they show back samples. the issues have been the continent. life is slowly getting back to normal here, ah, on the streets to give you enough reports on the inside of our correspondence with on the ground and reporting from across the continent. all the trends on the mazda to you next, on d, w. eco india, before and after cleaning the water tanks and comb, bartow, or can it be blocking to make a positive contribution to society? the hot does organizing it's manny kendall, has managed to unite people in the southern indian region because they all care about water. he says he won't stop setting new goals. eagle india, in 60 minutes on d. w ah. on the melting like a reporter tracks down the arctics. major players with you see route begins a dangerous game. people overseas that yeah, we are here. we're

you mentioned that uh, where are the journalists, right? and the e. u has tried to justify these sanctions by claiming that r t spreads this information and as the disgust we really don't know what disinformation is. what propaganda is, do you expect any other journalists to say something about this in the you? well, i won't. the thing is, is in the e. u, i don't know. but as i've said, the people who have been ab and i'm not talking about tepid. have you heard john mearsheimer from the university of chicago for have you heard me noam chomsky not exactly a right winger that there there is, there is a cook coffee county if you will, of individuals who have spoken about not, not just about this, but the whole notion of containment and in expansionism and, and, and, and nato. and i mean, if you can't believe in terms of how forceful they've been. so, the, the question is, is it because the subject matter is rather recondite? is it because it's rather arcane, is that how it was messed, but i'll tell you what, what, what's gonna happen right now is it, we ha

e u. countries ability to buy russian oil at any price. because from monday, december, the 5th, a band comes into play on a you countries buying any russian all at all at where it has global significance though, is in limiting e u. countries ability to license and ensure vessels. many of them registered any you countries carrying seaborne russian oil, the so called urals oil to big oil consuming economies like india and china. the kremlin says russian president vladimir putin is open to talks towards ending the war in ukraine. fight putin says the west bust accent, his demands of russia won't be withdrawing its troops from the annex regions of ukraine on thursday. you as president joe biden said he was willing to meet with putin if he moved to end the conflict. very heavy south africa's governing party has postponed a decision on the political future of embattled president's civil ra, a poser. the president was investigated and he failed to report the theft of millions of dollars from his private game farm. in 2020 the independent inquiry found he may have violated his oath of office. or routine session in senegal, parliament as descended into violence on th

this is where the e u leaders will be parading past here the moment you can see the officials moving away. the european flags from every member say it might wonder they moving away the flax of the countries that don't agree, no ledgers. putting things in place for a little bit later when the ministers will come out after they've had their meeting and they'll go to their cars and drive away the will they drive away with a deal or will lay as it were, like a political football pass that ball on to the leaders of their conscious head sustain heads of government, who's gonna be here on thursday. there are those who suggest that it's going to be the e u leaders who will agree something. but maybe they'll find a way to do it to day. we'll find out over the course of the next few hours, and he will, dominic, thanks very much. dominic came reporting back me while ukraine is dealing with its own energy crisis. russian strikes have hit power infrastructure across the country . president vladimir zalinski is appealing for help to get through winter. he spoken via video linked to an internationa

with hello and welcome to cross top where all things are considered. i am peter lavelle as the e u. final ice is yet another round of sanctions against russia. there is a growing awareness among european and the washington stands the game economically from the west proxy war on moscow western sanctions or punishing europeans. is this what the europeans find up for the cross trucking transit landing tensions i'm joined by my guess by in, in los angeles. he's a strategic planning consultant, a private equity advisor and an independent economic analyst and, and parents. we cross the shock appear. he's professor americas at the school for advanced studies in social sciences. right gentlemen, cross groves and effect. that means again jumping anytime you want. and i always appreciate why let me go to you in los angeles, you got up early. as for the program, we much will very much appreciate it. i want to start out with this news 1st here. this price cap on russian oil, but it has been sponsored by the g 7 and others. what do you assess it to be? because, you know, this is a commodity tha

consultants on minority rides says the e u. selective treatment of refugees is down to religious and racial prejudices. ukrainians of white and christian in denmark where i live and the rest of your country, your koreans are considered as european. and as one of us or people from outside of europe, especially from middle east, are considered as unwanted because of their religion, culture and ethnicity. it is a new thing in denmark or in europe, it has been going on for a long time. i have been working with issues for the last 40 years and there are documentation or reports which will tell you what i'm saying. ukrainian, if you use come from all type of social classes and even if some do come from such a middle class, there are many other groups like judy and for example, they're all educated. they came from middle class, but they are to do differently. and the problem is that if you run for your life, it doesn't matter. you come from your grand, whichever country and you should give protection and you should not be disconnected because you're from middle class who are back go. jeremy state secretary in charge of competition has called on the european c

at the suggestion is up with ah ah, the hello and welcome to cross top where all things are considered. i'm peter live l as b e u, finalized as he had another round of sanctions against russia. there is a growing awareness among europeans that washington stands the gate economically from the west proxy war on moscow. western sanctions are punishing europeans. is this what the europeans find up for.

instance of a political bandwagon back on the parade this week where western politicians also wagging the finger. it's russian media and u. e. u draft blacklist reportedly includes russian figures and outlets without the among them. however, when r t sorta advice from a global organization fast with protecting the rights of journalists, it refuse to offer support. so it does not view russian media as unbiased. the u. s . based committee to protect journalists, refusal to live up to its goals, came after a member of germany's main opposition party. proposed the timing of the screw, namely the creation of a committee to control the spread of slow cold russian media. propaganda among the issues listed as a key threats to the european community, it were so called pro russian fakes a claim which comes in recent reports that are sees a german language channel uses 3rd party outlets on youtube channels to spread, quote dis, information. earlier we talk to tv and kit and so sites are, is tahira shaheed, who says it's also the audience to decide what media source they prefer. it's against the very fundamentals of, you know, freedom

now to the balkans where the serbian president has criticized costello's application to the e. u, stating its membership would be a violation of the blogs contracts. yours. what are the what they do today? certain countries in the you is a breach of the you contract because one of the conditions for asking for you membership is to be a european state. i don't know which criteria is used to classify something as a state. is that the opinion of some of the biggest countries in the e u, or is it according to the u. n. membership we're, we're used to all that and we'll have to oppose it and protect our national and state interests as much as possible with us for no charge. the motors, christina submitted an application to join the e. u earlier this week with belgrade calling for its cancellation, serbia, along with other un members, do not recognize kosovo as an independent republic. meanwhile, tension between belgrade and kosovo authorities in the northern part of the region continue. furby and protesters put up barricades last week, demonstrating against the arrest of the former ko

some other administration will me into california, solicitor general will be standing where u e. there is an issue here, especially with respect to immigration poli. immigration policy is supposed to be th zenith of federal power and supposed to be the zenith of executivpor. instead, we are creating a st where a combination of states and ports -- courts courts can bring immigration policy to a dead halt. neral stone: two points. the first, speinat least for texas, it shouldn't be surprisi tt we would suffer outsized article three injuries given the fact that half of the southern border immediately is --buts texas. justice kagan: you are n saying that you have a special kind of inryere. you are saying all the usual rules apply, maybe more than the usual rules, and all you need to show is a dollars worth of costs. general stone: we are indeed saying the usual rules apply with one twist, which is to e extent the usual rules do , not apply. immigration surely is the sovereign prerogative, the defense of massachusetts versus epa. texas has had srender to the union as a part of the sta

ah, a ah ah ah hello and welcome to cross top where all things are considered. i am peter lavelle, as the e u. finalize is yet another round of sanctions against russia. there is a growing awareness among europeans that washington stands, the gain economically from the west proxy war on moscow. western sanctions are punishing europeans. is this what the europeans signed up for? ah, crossing transatlantic tensions i'm joined by my guess by in, in los angeles. he's a strategic planning consultant, a private equity advisor and an independent economic analyst. and in paris we crosses jak so appear. he's professor emeritus at the school for advanced studies in social sciences, our gentleman cossack rose, and if that means you can jump anytime you want, and i always appreciate, i let me go to you in los angeles, you got up early. as for the program, we much will very much appreciate it. i want to start out with this news 1st here, this price cap on russian oil, but it has been sponsored by the g 7 and others are. what do you assess it to be because, you know, this is the commodity that a certain nu

where do we stand? starts january 5th on d, w. ah, ah, american energy giant exxon is taking the e u to court, saying it's windfall tax against oil companies is illegal for get the word from wall street also coming up after our summer shortage. now there are too many consumer tech chips on the market. producers are rating to cut production capacity . we'll find out why. and presence cost of living crisis is pushing families to look the chief of goods. now this snapping up expired projects to make ends meet. it's that time again. d w. business, welcome. exxon is suing the european union in an attempt to force parcels to drop its windfall tax against oil companies. the tax is supposed to raise 25000000000 euros to help reduce energy bills. however, exxon believes the e, you doesn't have the authority to introduce such a task. tax. teddy austro has the story from new york force. teddy tell us why. excellent. assuming the you, what's its argument here? well, it's, as you said, exxon really is challenging the authority of the european commission to impose this so called solidarity levin. it rests on a distinction between whether this

u. a where i'm speaking to you from. when they angrily denounced the united states try to call on their increases in production. they angrily denounced here in the u. e. a fake news wall street journal article that in fact it was all agreed they were going to increase oil production. what pressure can bite and put on the gcc countries as they appear to not be, are doing what they're told when they tried to do that. they tried to do that very clearly and, and um, you know, biden gave his instructions about how they wanted the price of oil to come down. and the saudis effectively thumb their nose at him. and it was a snub that was seen across the middle east. and so what's gonna happen last month, the presidency is going to come to re add the, the 1st trip is made, i think after other them to summer camp. and he's going to come to read for meetings with m b s. and also with the gulf corporation council, i think it will be a major, it'll be a major meeting and we will start to see what comes from it. and i just, finally, i know you've written about about this, and i know that president outside of syria, surprisingly visited that with abbey and, and duba