u. s. or europe as insulin, but china, the high energy prices are also good for countries like norway, which is rich in oil and gas. the current crisis is expected to earn the nordic country, an extra $150000000000.00 euros this year. and the warren ukraine has european nations, especially germany, austria and italy such and desperately for a replacement to natural gas imported from russia. there are frantic colds for produces like the netherlands to extract more, but drilling for gas was controversial. that even before the current crisis, local say it's caused earthquakes, wrecking the homes. in the process and report a stephen beardsley went to groaning and in the netherlands to investigate. st. lawrence merrick is giving me a tour of his house. earthquakes are tearing it apart. in 2014, everything was repaired, everything was fine again. so after 2014, it happened. everything again, that you get this crick's. cracks in the window, frames in the wall, in the glass panes themselves. now a pair of wooden braces is the only thing holding the house together. when was this put up or 2 more than

u. s. or europe as insulin, but china, not the high energy prices are also good for countries like norway, which is rich in oil and gas. the current crisis is expected to earn the nordic country, an extra $150000000000.00 euros this year. and the war in ukraine has european nations, especially germany, austria and italy, searching desperately for a replacement to natural gas imported from russia. there are frantic colds for producers like the netherlands to extract more. but drilling for gas was controversial. that even before the current crisis, local say it's caused earthquakes, wrecking the homes. in the process and report a stephen beardsley went to groaning and in the netherlands to investigate. lawrence merrick is giving me a tour of his house. earthquakes are tearing it apart. in 2014, everything was repaired, everything was fine again. so after 2014, it happened. everything again, that you get this crick's. cracks in the window, frames in the wall, in the glass panes themselves. now a pair of wooden braces is the only thing holding the house together. when was this put up or 2 more

u. s. and china with unused semiconductors from europe or global markets have generally welcome the decision by the u. s. federal reserve to raise its benchmark interest rate by just half a percentage point in an effort to beat back record price increases. inflation in the u. s. is at a 40 year high, the rate hike is actually the largest single optic by the fed in more than 2 decades. and some investors fear the fed might do more. higher interest rates make borrowing more expensive, cutting into business profits and restraining growth. fed chairman jerome powell said yesterday, the cutting inflation was critical. the economy in the country have been through a lot over the past 2 years and approved resilient. it is essential that we bring inflation down if we are to have a sustained period of strong labor market conditions that benefit all more rate hikes are expected in the months ahead. but can monetary policy actually bring down us inflation that's been pushed up by stimulus policy? as well as energy costs. when we asked economists, chris for thornburg when he expects price to come down. h

bluebird, the rubles become the best performing currency so far did by those sanctions in or by the u. s. and europe. are you surprised by his continue in advance and to what extent you business is due to energy prices or some of the restrictions are been imposed on important exports within russia by the russian government? well i'm, i'm not an expert in current society. honest, i don't follow these topics on the day by day basis like i don't do. but i, one thing is an interesting, namely that has been a very strong. it's not an expectation, but clear cut statements by hiring official saying the russian economy is done anyway. it's not big of the size of the t p of spain, for instance. so that was a kind of a complete miss assessment that the russian economy is part of the global economy. not only, but it, especially due to that, to its role, a commodity supply, and that it's not only about oil and gas, it's also about uranium. it's also about an important matter and other commodities that you need to for, for the global economy. so to, to state, already, as it was the case 2 months ago, the rationa

u. s. and in europe, waterborne disease, outbreaks or threatening tens of thousands of people in north east bangladesh shouted days of rain and flooding. hundreds of being treated for diarrhea and hospitals in one area of so let the majority of the district and neighboring san am johnny have been submerged around half a 1000000 people remain trapped in low lying rural areas, despite waters receding on her sergeant reports from some johnny sooner begun struggles to cope after days of widespread flooding in this region of bangladesh. she said it's hard to feed her 2 children by herself. her husband is a migrant worker and militia. tell the boy that if any data, well there is water all around my home. it has become very difficult to live under these conditions with my children. can't cook wash, take a bath, and my children can't go to school. i can't even feed them properly, but i sped out divani. nearly 2000000 people have been affected and not distant cillit region. and what officials described as one of the worst floods in 2 decades . most of the villagers we've been talking to in the flood

europe now, which means even more shortages in u. s. and even more oil inflation in the u. s. oil and gas in commodities, inflation is not peaked yet. it whether united states or western europe or, or globally, we're still going to see a further rise in these costs, commodity cost, industrial metals, grains, fertilizers, oil, gas, the, the whole thing. so inflation is going to keep rising largely because of the sanctions, but also there's a series of forces surrounding additionally driving up inflation. we still have a global supply chain problems. we're going to have problems of, you know, supply coming out of china. now that part of their country is shut down because a covered, we got the big corporations that are using the inflation as an excuse to price gouge. they, they may not have problems to supply, you know, in their own industries and companies may be using in any way, you know, a good example of some food companies and some other companies rants and so forth. that's going on everywhere as well. and now when you got the, the global economy, slower nan, particularly united states and in europe, what you've got is what's called rising unit labor costs

envisaged eliminating millions of slavic people and as in world war 2, when much of europe stood united against the u. s. l or the u. s. plants to muster all native nations under the aegis of operation drops out. in 1949, the soviets acquired their own nuclear weapons. so any plan to annihilate the u. s . as all had to be postponed indefinitely. but the idea remains the same. the united states have to be seen as the only major player in the international arena, or anyone who sold otherwise had to be like from the us. says yet union itself is moved. this is a victory for democracy and freedom. these events clearly serve on national interest. george bush was, i'm good. dance of it on you. one anguish v. i'm janet, she leashed off to exhibited tablet lock on mine was the visual of per diem and he's in london, so on line the sauce. and then monday angel has an annoyance he, on it was sometimes he had a competitor to know jesus, london, a, united states became the indispensable country worth exceptional people, whose obligation was to lay down the path for all of the country. and so it became a new i renewed justi

u. s. military to transport these deliveries from europe or it's hold in the future. there's gonna be some more flights. this was only about a 3rd of the total expected amount of formula to be shipped from europe. those remaining flights may be military or may be chartered, commercial flights carry so hard the didn't what you say, how much pressure is the, by the administration under to resolve this permanently. right. and that's why it is, it could be a double edged sword for the buyer. administration because wow, it is certainly something that the ministration is applauding this morning, getting a lot of attention and even kudos are bringing this critical formula to the us. it's also drawing attention to the fact that such an extraordinary measure is even needed in the 1st place. and the president has been taking criticism from all sides on this issue. because since february there has been this critical shortage of baby formula in the united states. some 40 percent less of it is on the store shelves at this moment. and the f. d a and bite and have been criticized fo

europe. regulators say the u. s. still has 80 percent of its use or stocks, a formula, but panic buying has led to images of empty shelves spreading on social media. let's get more on this from our financial correspondence in new york. teddy austro teddy. how's the u. s. ended up in this situation and why is this a specific to baby formula? rob, we're looking at a serious crisis for american families across the country. families are panicked and they're not able to feed their children. you can't just replace baby formula with cow's milk as for the reasons. well, number one is the supply chain. we're seeing disruptions in the supply chain, like in other industries across america and around the world. number 2 is we saw a very significant shut down of a production facility from abbot laboratories which came from investigations into whether or not bacteria from the facility had caused for babies to be very ill . 2 of them had actually died. so that was a major hit to production. and lastly, connecting these 2 is what some people are calling big bottle ma

inflation in the west has reached a 40 year peak radio hosts and commented or garland. nixon believes the u. s. isn't concerned with europe's sacrifices, as long as it benefits what the europeans have to understand is the ukraine crisis. bob sped up a dynamic that was inevitable. in the same way that if a person doesn't have food, if you start starving, your body will literally consume its own tissue to try to keep the organs and the hard in the main parts of the body alive. what's happening is, as russia and china provide viable alternatives for developing nations to, to, to trade with them, whether it's in bananas or uranium or coffee or whatever it is. it gets more difficult for the u. s. empire to pray on these compet countries and to have a high standard of living based on those predatory actions. so what it is done is turned inward, and now it has to pray on the european union here in the united states. i mean, we have some level of, you know, we have increased gas prices, we have a increased inflation, but no more than what's going around the world. we probably have the norm that's going around the world as opposed t

europe gets from russia. that's their goal . it's not to remove all the sanctions that are imposed on venezuela or better said the unilateral course of actions that both europe and the u. s. have apply to venezuela for not following the intentions of those countries and their leadership in various areas. that's the fundamental reason why the u. s. has approached venezuela. again, it's not the removal of all the sanctions but to allow european and american countries to operate in venezuela territory and extract crude oil with the simple objective of replacing imports of crude oil produced in russia. well, those are the new stories that shaped the week a on, on the international for more any of them do had, oh, it's r t dot com. my name is peter scott on whatever you up to. i hope you having a great, we can. thank you for watching. ah ah, on the united states, definitely as the ability to get ukraine or the negotiating table. for some reason they're not exercising. that i can only imagine that that is because they feel that russia's capacities are not yet weakened sufficiently. ah ah, wishes is for thought though she's at the police. usually we still can just look of room

well, i never since when is a war being fought with pay ball guns, or is this the new armaments that europe and the u. s. a is paying billions for really it reuters next time get your photos correct. do you guys need to vet your images better? those are paintball guns and masks. those aren't soldiers in combat. does anyone at reuters ever go to a shooting range or play paint ball? so yeah, it is a shame and you can see people a furious people are angry. but you know, the saddest thing is that this is a bloody conflict. and people from both sides are exhausted, not rotors, a's tire, you know, may be on, you know, for reporting on ukraine. but people, they are, i dying their suffering and they wanted to come to an end as soon as possible, and they want peace. and sometimes i think that we as channel is as media community, we can try to help promote peace negotiations. you know, there were several rounds of talks, but eventually, sadly, stop. so we can try to do something to, to bring sides together to push them back to table. but we see the opposite. you know, most of the media they have fueling this conf

and you know, they're going to have to provide oil to western europe now, which means even more shortages in u. s. and even more or inflation in the usaa oil and gas in commodities, inflation has not peaked yet. it's like a perfect storm of inflation occurring everywhere. and it doesn't appear that there's any policies that we in proposed to do anything about it in the united states. they're proposing the central bank to raise interest rates to precipitate recession were already almost in a recession. we had a contraction, a g, b play in the 1st quarter. but that's the solution that they're, they're planning on to crater a recession in europe. there's a little further behind that, but you know, it's runaway inflation and it looks like recession around the corner and there's no real solutions being propose. well, that's it for now. we'll be back at the top of the hour for, for recap of this mandate victory day 2020 cheese main development. thanks for joining us. ah. ah, ah ah. ah, ah. hello and welcome across the dock. were all things considered on people about 77 years ago? fascism in europe was bank, which the pr

and the jury is still out on what being the only one there means or symbolizes the world's leaders, especially in europe and the u. s. they're busy dealing with the ward, ukraine, broken global supply chains and soaring inflation. that's fair enough, but that did not keep ukrainian president zalinski from zooming with the movers and shakers in davos, still among western leaders. schultz was the only one he bothered to show up. we have this report tonight. discussion of the worn ukraine and its effects dominated this year's world economic forum. participants examined solutions for the leading global threats, food insecurity, energy, and the range of economic crises. these topics were also central to german chancellor. olaf schultz is keynote address, which wrapped up thursday's event. depend immune also loves to the pandemic and rushes war against ukraine. are threatening to roll back progress made over the last decade from comforting got most dramatic, the fight against hunger and poverty. you can shuttle both. we are risking the world's biggest famine and decades if we don't respond as nicely on video during the g

u. s . is seeking to use nato to project his own agenda across the globe move. we'll move to so i was, or nato expansion isn't only happening in europe at the upcoming summit in madrid. the alliance will discuss its main issues and challenges, including russia, the u. s. ones, japan, south korea, australia, and new zealand to join the want to expand the blog to influence the whole world. if they manage to achieve that, the nato would immediately become a u. s. global weapon. that is extremely dangerous. if they carry on that strategy, it could spark world war 3. nato was expanding against russia and china. this process is like lighting a stick of dynamite. i consider this unacceptable. nato was established during the cold war, but the past is in the past while nato still exists. what is the purpose of nato to maintain peace or to perform as a hammer of the us? i think nato is now being used as a tool to help the u. s. achieve its own goals. we don't need nato expansion today . the russian forces conducting their military operation in ukraine, do not pose any kind of threat to the west. the west is trying to use the situation for its

u. s. and western europe was the target . ukraine confirmed on saturday. the newly constructed runway was destroy my city transport a fire or a russian military site close to the ukrainian border is damaged homes and injured at least one person. it's not known what case is may days marked with protest around the world and in sport, a premier league survival boost for everton after a gift of a gall denies by the mean opposition. some of you, john, of allah vega, baby, isn't it? but i mean, we can watch this any longer, honestly. why do people have to suffer such hardship? fingers increase between 30 and a 100 percent. shortages are common either because of supply issues or hoarding by some traders. brought up a home that may be asking the president to go home. rehab bro, i got a big new bite very much. it can be done wrong to the rep executive president, optional. people will get off the street and the challenge of improving the economy can be addressed. protested will have surrounded the president's office. they won't be fooled by the government's attempt to avoid solving the crisis. mina fernandez, audra 0, colombo, around

europe. on the u. s. were inflation is running rampant. ortiz roman costs or has been digging deeper into that issue. unprecedented anti kremlin sanctions were meant to destroy the russian economy, at least according to those who implemented them. what we're seeing instead is russian export profits at an old time high, and the rubel becoming the world's best performing currency. all this, while many regular citizens in the european union and the united states are being financially squeezed by spiraling inflation in the united kingdom. due to a 40 year high price bike, some people are facing at soft choice bay for food or for heating their home. we will see that you people are coming even the people in the jobs. people are still working and working full time and they still need to use a food banks because of the cost of living. i would say because everything has gone up v v, finding it difficult to buy a stuff because everything we don't have much relation to quote for the demand we used to have about 250 people now is grown up to a $400.00 families. we give our token up to 400, you know, either of them either out

u. k. and the usa does or did have you wanna look at it, for example. and this of course has to do with the closed energy relations that europe had with russia, u. k, u s. cut off this bank much earlier. and now these are 2 tied together. the fact that they want to cut off oil and cut off this bank because spare bank is the main bank that europe used to make payments for oil. so it's actually quite easy for them to say now that they're considering cutting off oil. naturally, they can say we, we can cut this bank off now because they don't need to be making these payments any more. so well, it's certainly going to be a major hit. it's a little bit easier for europe to shoot itself in the foot at this point. that being said, this bank does account for around 40 percent of russia's financial system. so that's major christy, pleasant from dealer business, thanks much for breaking that down for us. we'll german chancellor, all i've shown has said that russian president vladimir putin miscalculated when he invaded ukraine, and that the war has strengthened both nato and the u. haul was speaking after a 2 day off site retreat of his cabinet near berlin. the g

to remove all the sanctions that are imposed on going to swell or better, said the unilateral course of action in both europe and the u. s. apply to venezuela for not following the intentions of those countries and their leadership in various areas. that's the fundamental reason why the u. s. has approached venezuela again, it's not the removal of all the sanctions, but to allow your opinion in american countries to operate in venezuela territory and extract crude oil with the simple objective of replacing imports of crude oil producing russia. was phenomenon in species scott's army back again to the top of the hour with another rundown of the weekly writes here on our international ah, ah, the me, the me ah, welcome towards the some 30 years after the collapse of the soviet union. russia is once again at coast trying.

u. s. never imported another drop of uranium from russia or anywhere else. and the same goes with the reactors in europe and in japan. the atomic energy is horrific failure. and it is incredibly dangerous. it is as far as i'm concerned, more dangerous to continue to operate these nuclear plants than the dangers we face from nuclear war. and i think it's only a matter of time before the national blows up. so stop all uranium usage and switch 100 percent renewable. what do you think it means for the president? i mean, americans already blamed died and for sewing fuel costs in the country with his personal approving ratings, plumbing thing. could this, the radium initiative, make things even worse for him? what would be, what will be great for him is if he go to the 200 percent, renewables will have a tremendous boom in jobs. energy prices will drop. they'll be stable and we won't have the next meltdown. i live in california, as you can see behind me. and i don't want the diablo canyon nuclear power plants to continue to operate. they are surrounded by earthly fogs. they are in bristled. they are cracked,

or keep the house warm. now, it's in the percentage of the road between russia, europe, and the u. s. the u says moscow is shaking down the block. that's crumbs announcement of that. it is unilaterally stopping gas deliveries to certain your member states is another provocation from the kremlin. but it comes as no surprise that the kremlin uses fossil fuels to try to blackmail us back in march in response to the use aggressive sanctions. russia announced a key change in how the blog will have to start paying for gas in short, in rubles in detail. the customer now has to open 2 accounts in a rush and bank one in euro's the other in roubles. the payment comes into the 1st account, then the bank converts euros into roubles and transfer them into the 2nd multiple experts have said that for the e u, the changes negligible. but it's now the us that's going out of its way to blow this out of proportion for working for other nations like korea, japan cutter and others to support or effort to help the europe and allies threatened by russia. with gas blackmail and their energy needs and other w

or asia starts june 1st on d, w. mm hm. ah, ah, the highest prices since the global financial crisis, u. s. natural gas is getting ever more expensive as europe sees american l, n g as key to replacing russian imports and hitting russia with its exports. the ukranian foreign ministry calls on the west to kill trade with russia to help bring the war to an end. this is due to we business on robots in berlin. welcome to the program. and we began in the united states where natural gas prices have hit their highest level since 2008, they've surged more than 130 percent since the started the year, driven partly by strong demand for american l and g liquefied natural gas, europe in particular has increased its orders as it scramble is to reduce its reliance on russian gas. early heat waves in the states this year have also increased demand for air conditioning and power generation, which in turn, is driven up gas prices. further. let's get more on this from our financial correspondent in new york. he ends quarter ends. the amish concern is there about this rising gas prices in the united states? the mon no. well, i mean, especially here in new york