and the roadways or from warren this i want to bring in my call against corta in new york city. yann's us inflation is at 840 year high right now. we just, i, as i just said, republicans are blaming president, binds nearly 2 trillion dollar american rescue plan that he introduced last year. what did he yellen have to say about that? nicholas, they're not just the warm well coming up for the head of the treasury at this some senate tearing well. the answer from a genet. jaelyn was pretty clear. she said that almost all develop nations are facing this high degree of inflation and those nations actually have a very, a different fiscal policies. and therefore, she can not share the argument that the american rescue plan in the amount of $1.00 trillion a dollar really place a big or a great a role when it comes to an inflation. she also pointed to the work in the, or the warranty, your crane, and the higher prices for an energy, for instance, and food that nobody really could forecast a couple of months ago. now you don't seem to think that congress had room to act in terms of easing up the

well, we'll be checking in with you on that to morrow, of course, yann's quarter. thank you so much. saudi arabia and other members of opec have agreed to boost oil output by more than expected falling. a european union ban on most russian oil imports. now opec plus decided to add almost $640000.00 barrels per day to the market. the decision could ease pressure on consumer prices and might also open the doors for a trip by u. s. president joe biden to visit re out after 2 years of strained relations. i had of the meeting. some analysts predicted russia would be suspended from the group, though so far there has been no sign of this happening. while the economic crisis in sri lanka is getting ever worse residents, life savings are virtually disappearing into thin air. one estimate from johns hopkins university puts real inflation at over 130 percent in march, and that's around 6 times what official government government figures have said. now, nearly everything is in short supply, especially imported goods. the government is even even asking airlines to stop filling

or when they called inflation a transitory problem. yann's court in new york. thank you. germany's economy and climate minister robert havoc is in the middle east. he's looking to secure new sources of energy as russia's war, and ukraine continues to cast a shadow over europe. speaking in israel yesterday, he praised the country suggestion of working with egypt to bring gas to europe in may, you leaders agreed to drastic cuts in the reliance on russian gas? dw correspondent julia saw deli, has been following the german economy mess minister on his trip through the region . she sent us her assessment. energy is at the center of this trip to the middle east by german economy in climate, minnesota. but hubig, now germany is in quite urgent need to substitute russian gas because of the war in ukraine, and is looking for other sources of the fossil fuel. now israel has a big stock of this gas in fields that have been found around 10 years ago, off the coast of israel, and is ready to export this gas. but for the moment, infrastructure to bring the gas to europe is n

s. financial correspondent, yann's quarter in new york, at the stock exchange, yann's crazy prices we're seeing at the pump in the u. s. is this likely to have any effect on demand going forward? now christy, we already see that that a lot of fir card drivers here in the united states actually consider when to use the car and to him how often. and now we're at the beginning of the summer, a driving season. so also some americans are reconsidering their summer travel plans with prices being a so a sky high and that's probably not going to change any time soon. look in some areas in california for example, where'd some gas station. so the gas prices are looking almost at am $7.00 a barrel. so yes, you will probably see some impact on demand, but not such a strong impact that you will see. the lesser demand of bringing price is done. now yes, we know it's not just gas prices that are up also, consumer prices are up. u. s. president joe biden has been taking a lot of flack for this. does he have a lot of room to act on prices at the pump? christie, and that was one of the headlines today say

well, for more i'd like to bring in our financial correspondent yann's quarter in new york high gans. so the e. c. b is the latest central bank to hop on the right height bank, right? height, bandwagon. seems like more signs of concern that inflation is going to be knocking hard on the economy. are we staring down the barrel of a global recession at this point? well, christy, it is not set in stone that we will dive into this recession barrel. you mention it to, but clearly the likelihood is increasing. what although central banks trying to do with the interest rates increase, they try to suck some liquidity out of the market. may companies spending less than the goal always in the soft lending and so to avoid recession, but history has shown that this is pretty difficult to achieve. and there's so many different moving parts that it's really tough to really call that recession. it's unavoidable, but definitely more and more people are, let's say increase the likelihood that we are going down that path. and i know we heard up briefly a little bit ago from the us secret treasury secret

now yann's electric vehicle sales are still going strong, despite a lot of headwinds. what is it that mosque is worried about? exactly. well, i mean, what do you learn? oscar? pretty much saying that some areas that this company are all of us that's going with that he does not mean production of cars of batteries or installing solar panels. he is pinpointing to office workers, but clearly in the past couple of weeks mosque has hinted here and there that team might or that he's concerned that there could be a recession at some point. but overall, he was pretty short on a detailed that without saying that there are those overstuffed area. ok, so you're saying he's going to continue hiring and summer is and not, and others well, but he is implementing a freeze. at the same time we saw new labor figures out of the us today, showing that hiring is strong across all industries. how do we make sense of these sort of different pieces of news? yeah, almost all parts of the industry. we did see a little lower and of when it comes to retail. so they're actually a couple of lost j

and services, increasing the strongly oh for more i like to bring in our financial correspondent yann's quarter in new york high gans. so the e. c. b is the latest central bank to hop on the right height bank right. height, bandwagon. seems like more signs of concerned that inflation is going to be knocking hard on the economy. are we staring down the barrel of a global recession at this point? but chris year is not set in stone that we will dive into this some recession a barrel as you mention it to. but clearly a likelihood is an increasing a what are all those central banks are trying to do as the interest rates an increase? they try to suck some liquidity out of the market, may companies spending less and the goal always is to soft lending as so to avoid a recession. but to him, history has shown that this is so pretty difficult to achieve. and there's so many different moving apart so that it's really tough to really call that at recession is unavoidable. but definitely more and more people are, are, let's say, increases the likelihood that we are going down that path. and i know w

announced it will cut about $1100.00 jobs or 18 percent of its workforce or for more, let's bring a yann's quarter in, at the new york stock exchange. give him there in a 2nd here. all right? yeah. and so, so we know that crypto of angela said that crypto as a safe investment in times of high inflation, similar to gold. now inflation is that a historic hide? we're seeing the sell up. what's going on here? christy. the basic idea of the argument, let's put it that way, is that other than with traditional money? the amount of crypto currencies is limited, so you cannot go to your next to fellow central bank or federal reserve bank and ask them to print more money. so that was one of the theories behind why could those could be a good hatch against inflation? but that has actually never really been through. and if you look at the currencies in general, they're mostly pure speculation. so there isn't really that much real used to it at this point. and that's when markets become shaky and investors get nervous, then they start selling and they stop telling mostly the most risky stuff and crypto

so as a good week, but there may be storm clouds on the horizon yann's quarter. thank you very much. have a great weekend. now, germany's economy minister says the country will have to fire up its coal plants to make up for the shortfall of russian energy imports. as a decision, he, as a member of the green party never wanted to make, but they could be another low carbon, alternative nuclear energy. the country had hoped to phase out nuclear in favor of renewables, but amid the current crisis, a debate is raging and germany should the country extend the lifespan of its current atomic power plants. let's take a look at how we got here. fukushima 2011 an earthquake triggers that tsunami. it destroys a nuclear power plant. the accident shakes the world leading to fears the same could happen elsewhere. the accident also prompts germany to exit from nuclear power earlier than planned. if he guns orphans as a proponent of the peaceful uses of nuclear energy, i want to be very frank. the events in japan of change my opinion on nuclear energy enough in 201117 nuclear pow

and for the week we traded down by a good one percent yann's quarter bringing us super good feelings out of new york. thank you so much. europe's automotive industry has had a rough patch sticking with cars. budgeting is a nightmare. raw material. prices like sheets still have doubled in just a few months and energy prices only no one direction. getting your hands on car parts has also become tricky due to the war in ukraine. in this foundry, liquid aluminum is heated to more than 600 degrees celsius. this is what the automotive supplier l m g in the german state of saxony and halt uses to press castings for both electric cars and combustion engines. well, usually at the moment it looks like this. the machines are at a standstill. most of the 160 or cell employees are working part time. the reason the massive rise in energy prices for 5 days managing director, christine, suzanna turn axes, will run the melting furnace at full capacity. then the machines are shut down for 3 to 4 weeks. this is how electricity and gas are saved. bouncing that you said i thought of it had 99 percent of

well, for bar, let's bring in our correspondent yann's courts at the new york stock exchange. hi there. yes. so the fed, they ultimately went for a bigger hike than they had originally indicated. put this into context for us. why did they do this? yeah, truly, christine inflation is a huge problem at the moment and to jerome power. knowledge that the u. s. economy will grow so lower than originally anticipated, but at the same is true with inflation. i mean the other way around so that inflation is much higher than the federal reserve would like to see. and therefore, we're not just seeing the 75 basis point hike on a wednesday, but we will probably see another 75 basis points at the next meeting in july that that leads to watch your own power into that. and he wants to ask if you believe that a soft landing is still possible, meaning increase interest rates, get inflation down and don't kill economic growth at the same point. and he believes that is possible. but if that's going to be true, remains to be seen. now young here there on the floor, the stock exchange, you know, b

dr. yann's umbrella also prescribes it for diabetics like marco, who suffers from way problems to the thing. some a glue time has a promising future. no one must have it and it is setting new standards in terms of reducing blood sugar levels. but in particular, in reducing body weight, there's no drugs been able to reach 15 percent drop in body weight in obesity treatment up to. now marco weighed $160.00 kilos. when he started on the injection . 6 months later he's down to $130.00. his blood sugar levels are also back to normal. he's really impressed by the treatment it don't get done that. a lot of him . what it's definitely changed is my appetite is out of i used to eat a lot in the evening. my main meal was in the evening. the worst possible time of all obs. 0 one lucy's insipid. and i ate a lot of an awful lot. z as if you, i couldn't shake the habit on you all those coldest helmets. austin, the medication simulates one of the bodies, metabolic messengers, the g l. a. p one hormone. it's produced in the got reduces blood sugar levels and creates the sensation of feeling full after

this unit began operating it, no guns, how cough bed yann's and dennis region, just a few months after his creation. it became a regiment, as of as always stood out for its strong ideological stance. the unit skia contains elements referencing nazi symbol. quest thurston was wanted to get a new proposal invoice for some lower correctional grants government for the neo nazis dunbar citizens who are expendable. sometimes the personnel of such units weren't trained soldiers, but simply lovers of live target shooting with used to pro a shift here where i'm supposed to just you, but are you on the 5 dollars off with anglin williams point 50 or so network of which you me garcia for dillon, you was to do outreach america procedures or strings work that you start to rush. you stop doing new here was move humans. it was on buzzer star dollar and you don't cut off so you lose consciously up. so you're not supposed to for you just a minute to read your story, to be story here with some go for story. so there was a push only russia or i was off, while exclusions drama, the brush really develop. a

so it's no wonder that yann's plugin or foreign policy advisor to chancellor will have schultz is now asking why germany's future really share with russia isn't being discussed as much as german weapons or ukraine. you can fill many newspaper pages with 20 margins, but there are fewer, larger articles about how our relationship with russia will be in the future. you would just been so upset with ukraine, but it's now trying to figure out a way out of its own self. and you can, you know, all i can say let's just hope that they figure it all out and come to their senses before all monsieur crush an incredibly little day today. enough. gala phillip, lisa, 1000 people have been killed in a huge 1st quick. that's sure the nation on whether the morning more than 1500 others were injured according to the taliban authorities. the quake was centered on the south west of the country and could also be felt in new brings pakistan. rescue efforts are likely to be complicated since many international agencies left off canister after the telephone takeover of the country last year. and they also wit

so it's no wonder that yann's plugin or foreign policy adviser to chancellor bullock schultz is now asking why germany's future really with russia isn't being discussed as much as german weapons for ukraine. you can fill many newspaper pages with 20 margins, but there are fewer, larger articles about how our relationship with russia will be in the future. you is just and so obsessed with ukraine is now trying to figure out a way out of its own self and use you know, i can say, let's just hope that they figure out how to do it for all of us here, crash and a new era in bilateral size, that was the announcement made by the saudi crown prince. the turkish president, during the prince's visits on kara, wednesday was the 3rd day ma'am. had been summoned, middle east toll with the prince, seeking to align the country stances on key issues as next month. so met with joe biden approaches spencer month, 1st visit turkey. since the murder of journalist jamal a saw g in a stumble, almost 4 years ago, without incident, of course, driving a wedge between those 2 countries, the road trip taped off on mo

so it's no wonder that yann's plugin or foreign policy adviser to chancellor will have schultz is now asking why germany's future really share with russia isn't being discussed as much as german weapons or ukraine. you can fill many newspaper pages with 20 margins, but there are fewer, larger articles about how our relationship with russia will be in the future. you would just been so upset with ukraine, but it's now trying to figure out a way out of its own self. and you can, you know, all i can say, let's just hope that they figure it out and come to their senses before all monsieur crush. meanwhile, versus 2nd largest stock exchange has announced plans to offer clients cross border trading with the chinese church of hong kong. it also comes as russia's oil falls to china, sold by record, 55 percent compared to last year. almost $2000000.00 barrels per day are being transported by a siberia pacific ocean pipeline, which is now overtaken, saudi arabia as beijing's leading oil supplier. but demand for oil in china, rose after coven restrictions were suffered, easing logistical problem

official warned expansion would be destabilizing and said nato was acting aggressively. nato chief yann's sultan burg announced more military for, for your brain. and so the alliance would support the country for as long as it takes when speaking at a press conference earlier assault and bergs and russia poses the most urgent threat to the alliance. we face a radical change to our security environments. on strategic competition is rising around the world. so today leaders have endorsed nato's new strategic concepts. it makes clear that russia, russia pulses the most significant and died a threat to our security. in the current concert, we states that the rush is a statistic partner. and our d. w in brussels bureau chief alexandra phenomena followed the press conference and joined us now from madrid. i think sandra thornburg saying russia is the most significant and direct threat. how significant of a change in this or the alliance? well, clara, the says as fundamental change of nato security assessment in the euro and plan tick area. and we just need to remind ourselves that russia was me