citizens, european commission, president ursula, underlying warning that it won't be easy. where specifically will this hurt the most? well i guess the most symbolic and visible thing is fuel prices. so people who have to use that car for instance, to get to work in particular in rural areas, will feel this very clearly. and those prices, you know, they are kind of up on the wall, you can look at them every day and when the line, there's immediately a sentiment, of course, that's something that's going on. the other thing is of course heating prices, and that is also very quickly felt by citizens. but you know, it's not only individual households as also the industry that has to reckon with rising energy prices and they high anyway. so all in all this will be also an impression on the european economy, not only on the russian one. but at the moment, the political consensus still seems to leave with the package being presented by the european commission that it is west for europe to baddest prize, because it has to be made very to russia again that this war is unacceptable.

the european commission pushes the ban on russian oil commission. president of a funder line says that you should face out in ports by the end of this year. but critics say that's not fast enough. also coming up, russia stripes, ukraine in the west and in the east bombs destroy power stations in the city of levine and russian forces continue their assault on the southern city of mario paul, where ukrainians are fighting for their lives. german charts are all of shaw says vladimir putin made a mistake by invading ukraine. the board dominated a 2 day meeting, a whole of shots cabinet focused on finding alternatives to russian fossil fuels. ah, i'm glad alphas welcome to the program. european commission president also la funder lined as called on the you to ban oil imports from russia. she proposed the phase out that would end payments to moscow by the end of this year. the $27.00 members states would have to support such a band unanimously. the support that may be hard to come by. several, you countries get most of their, all from russia. but those who back the embargo say anything less

have all combined to trigger turmoil around the globe. european commission, president bus left on the line and nato secretary general young stoughton back. we'll be addressing the forum, the expected to speak just moments from now. within the next 30 days. there she is actually on the line and that is cloud farm who's introducing her. let's listen in delilah, president of c, p and commission to be with us. and actually, i'm president. you opened all 50th anniversary and many of the people who had still remember what, one the location that has been. and your chess had assumed suppressive and see. i think 2 months earlier, and now we are back 26 months later, 28 months later how's it world has changed and you have being at the center point of also st. change is actually having to support suburban of so changes and to make sure that we takes the necessary actions. i mean, it's just him, but i'm believable. your, your started your, your mandate with a commitment to make you up more bit should, will, to make a collegial and i think you'll have from 8th grade since you suspect. but some co

citizens, european commission, president ursula on july and warning that it won't be easy. where specifically will this hurt the most? well i guess the most symbolic and invisible thing is fuel prices. so people who have to use that car for instance, to get to work in particular in rural areas, will feel this very clearly. and those prices, you know, they are kind of up on the wall, you can look at them every day and when they climb, there's immediately a sentiment. of course, that's something that's going on. the other thing is of course, teaching prices, and that is also very quickly felt by citizens. but you know, it's not only individual households as also the industry that has to reckon with rising energy prices and they high anyway. so all in all of this will be also and pressure on the european economy, not only on the russian one. but at the moment, the political consensus still seems to leave with the package being presented by the european commission that it is west for europe to bad prize because it has to be made very clear to russia again that this war is unacc

hagar by the european commission. how confident are _ by the european commission. how confident are you _ by the european commission. how confident are you this is a confident, landmark shift, not only a move away from russian energy but a move away from carbon? ., ., ~' ~' energy but a move away from carbon? ., ., ~ ~ , energy but a move away from carbon? ~ , , ., carbon? look, i think this plan represent _ carbon? look, i think this plan represent a — carbon? look, i think this plan represent a cornerstone - carbon? look, i think this plan represent a cornerstone of- carbon? look, i think this plan represent a cornerstone of thej represent a cornerstone of the future european energy system and european energy policy. now, after the russian invasion of ukraine, everybody understands, that for a fossil fuel dependent continent, like europe, and import dependent continent like europe, diversifying the green energy is also geopolitically important solution. the german minister of the economy recently said renewables for europe our freedom, that's exactly the right

the european commission plans to impose an orderly in to its imports of russian oil as part of a 6th round of sanctions on russia. commission president or sullivan de line announcing wednesday, the e you would phase out deliveries of russian crude and oil products by the years. and it also wants to step up sanctions on the financial sector, disconnecting rushes. biggest bank, spare bank from the swift payment system. the proposed measures will need approval from all 27 member states hungry and slovakia have already said they'll seek exemptions. jago kierkegaard is a senior fellow with a german marshal fun. he joins me now from brussels. jak of thanks for coming on to the show. a big decision today announcing this phase then embargo, how significant is this? well, i think it's very clear that given the time frame, we have a 6 to 8 months, a phase in time. it's not going to be very significant in the short run. meaning is not going to have, you know, any sort of decisive battlefield impacts in the months ahead. but as we look to the medium and long run, it's going to be very significan

w. news of the addresses by the european commission president russell, a founder alliance. she spoke a few minutes ago and now we're about to hear from the, the header of nato. it is therefore my, let's listen an invite you to the stage to share with our audience, karen dos and globally, your vision on the impacts of the war in your crane and the long term implications on the world of strategic competition. welcome, mr. secretary, general minute . thank sir, but again, it's great to be back here in the also, i'm to see you all in person after 2 years without this gathering for half a century. the world economic forum has brought the global community together to exchange ideas, insides on the solutions, on some of the world's most important difficult problems. today we need the spirit of the volts, even more through a president, the tooth in the war on the crane has shut to the peace in europe. it is really a game changer not just for european security, but for the global order. nato has to fundament from tasks in response to rush us aggression, providing support to ukraine,

let's start with the proposed sanctions by the european commission. a complete import band on russian oil phasing out. it's used by the end of 2022. and that still needs to be agreed by you countries before it goes into force. how likely are we to get a consensus with question really as to what his 10 transition period is can be granted to each member states, because some are more dependent on russian. all the live rates than others. hungry is one of them. select is another one. and one might think that henry could attempted to, to brought the package because of its proximity to russia, which is nothing that would apply to the lakia, which is among those members of the european union that really has very early on and continuously delivered to ukraine to fight russia. so i think the, the auto lee and the compromise, and i do think that the european commission has prepared today's announcement very well in your records. the german and minister of the economy said this has to happen. so i think the consensus is building up, but some men mistake have to g

in the european commission had i concerns here that need a response i in the european commission had been very clear— in the european commission had been very clear that — in the european commission had been very clear that they _ in the european commission had been very clear that they want _ in the european commission had been very clear that they want to _ in the european commission had been very clear that they want to respond . very clear that they want to respond to those _ very clear that they want to respond to those concerns. _ very clear that they want to respond to those concerns. the _ very clear that they want to respond to those concerns. the published i to those concerns. the published papers _ to those concerns. the published papers were _ to those concerns. the published papers were at _ to those concerns. the published papers were at the _ to those concerns. the published papers were at the end _ to those concerns. the published papers were at the end of- to those concerns. the published papers were at the end of last i to those concerns. the published i papers

last sweet, the european commission tables and proposed re power is you better is our 300000000000 euro plan to phase out of fossil, of a rush of fossil fuels and fast forward to do in transition. and today, if we look at the share of renewables we have in europe, almost a quarter of the energy we consume in europe, stems from renewable sources already. this is the famous european green deal, but now to empower it is you. we will practically double this share to 45 percentage in 2030. this is only possible by also bringing cross florida corporation to a new level take for example, the north sea of europe. and what is happening there last week we had for you or please member states joining forces to harness the energy of offshore wind. and they decided to quadruple their offshore wind capacity by 2030. that will mean wind farms in the north sea will cover the annual energy consumption of more than $50000000.00 homes. this is roughly one quarter of all european households. this is the right way to go. renewable energy is basically our spring board towards nana 0. c o 2 emissions. and it i

"putin must pay a price", said the european commission president. meanwhile, russian forces have intensified their attacks on ukranian infrastructure — hitting a number of locations, including lviv in the west. one other development — the mayor of mariupol says they've lost contact with fighters at the steel plant with reports of russian forces storming the area. our eastern europe correspondent sarah rainsford reports from kyiv. the sarah rainsford reports from kyiv. very centre cam tonight. the very centre came at a fire tonight. the missile hit five minutes after an tonight. the missile hit five minutes afteran air tonight. the missile hit five minutes after an air raid siren, no time to reach cover. it's been ten weeks of war now and russia is still attacking ukraine from east to west. translation: moscow is boasting of its success filming as it fires on its success filming as it fires on its neighbor. it says it's targeting supply routes from the weapons from the us and europe but it's hitting far more than that. so the european commission

the european commission pushes of ban on russian oil. ursula bonded line says the e, you should phase out imports by the end of the year. were critic say that's not cost enough. and germany's opposition leader shakes hands with ukraine's presidency . he's a sign of commitment from europe's largest economy. but critics, they, the trip has undermined germany's chancellor. ah, i'm really mohammed walked into the program. russia rockets continued to pound, ukraine's 2nd largest city car keith as moscow's, if a offensive on the east of the country takes its toll. but to cranes, armed forces are claiming victories in that region. after taking back several towns residence there is say, the russian occupation was an experience they'd like to forget. at amusement park rocked by missiles and harkey, ccd re footage captured these shocking images. ukrainian authorities see this was one of dozens of russian air strikes, an attempt to heighten the gremlins eastern offensive as ukrainian forces retake some villages in the harkey region. scenes of destruction, greed them. after spending 2 months unde

the european commission says to do that is violating eu sanctions and it seems all other countries agree they will not be paying in rubles but you get this one country saying it is not going to risk its energy supplies by following the eu line. >> we have seen a major policy shift. >> you have hungary and slovakia saying they don't want to follow that line. it is expected that eu ambassadors will begin discussing a draft of sanctions that would include a ban on oil. it may be that hungary and slakia could be given some kind of exemption. >> thank you so much for that update. israel has condemned russians -- russia's foreign minister controversial comments he made about nazism. sergey lavrov said that hitler's high jewish blood. russia has had it once -- wants to de-naizif -- de-nazify ukraine. >> what kind of nazification can we have if i'm a jew? in there also had jewish origins so it does not mean anything at all. for some time we have heard that the biggest anti-semites were jewish. >> we will go across to the dw correspondent here. she has an update on the reactions to that in israel

well, i was not surprised that of course, the european commission president as well as the president of the repeal council. both of them were very happy with their results dressing how important it was to stay, remain a re, a united. they talked about the oil embargo and that is going to have an impact, but of course they also stress sta and it was in particular the european commission president was upon the lion who stressed at that europe is well prepared for such a step that they have been thinking about getting prepared to make sure that they won't be any problems with regards to the energy security and another topic that i think it's very important for our audience as well. is how much, how important it was for the european leaders to speak about food security. of course, they're not concerned about the situation in the european union, but they are concerned about what might be happening soon in their neighborhood. and of course, in parts of africa and asia. alexander, more questions for you, but i want to turn in michelle yellow cove. no. here in the studio for moment, your ini

the european commission plans to impose an orderly end to its imports of russian oil as part of a 6th round of sanctions on russia. commission president ursula of underlying announcing wednesday, the e you would phase out deliveries of russian crude and oil products by year's end you create it also wants to step up sanctions on the financial sector, disconnecting rushes. biggest bank, spare bank. from the swift payment system. the proposed measures will need approval from all 27 member states hungry and slovakia have already indicated they'll seek exemptions. jago kierkegaard is a senior fellow with a german marshal fun. he joins me now from brussels. jak, thanks for coming onto the show. a big decision today announcing this phase then embargo, how significant is this? well, i think it's very clear that given the time frame, we have a 6 to 8 months phase in time. it's not going to be very significant in the short run. meaning is not going to have, you know, any sort of decisive battlefield impacts in the months ahead. but as we look to the medium and long run, it's going to be very si

the european commission has launched a 300000000000 euro plan to and europe's dependence on russian fossil fuels. the main focus is on remit renewable energy. germany, belgium, the netherlands and denmark have all pledge to produce more wind power in the north sea. this is among the ways europe plans to create more home grown energy through enormous offshore wind projects in the north sea. in denmark, representatives met from the european commission and the north sea countries to discuss forging a new path forward. the big reason is that we have to expend the offshore wind industry all over the north sea that we have to connect each other that we can make a common business out of it. and that we understand that this snarled time for industrialization. the declaration of intent will soon be followed by concrete projects. concern for the environment is one incentive, but europe also wants to rid itself of dependence on russian oil and gas as quickly as possible. the european commissioners explained how it will work. the re power e u plans are a mix of ideas and concrete regulatory proposals.

the european commission pushes the ban on russian oil commission president or the funder line says the you should phase out in ports by the end of this year. of critics say that's not fast and also coming up, rush us to earth strikes. ukraine in the west and the east bombs destroyed power stations in the city of levine and russian forces continue their assault on the southern city of mario paul, where ukrainians are fighting for their law. class german chancellor will of shaw says vladimir putin made a mistake by inviting invading ukraine. the war dominated a 2 day meeting of all of shots cabinet focused on finding alternatives to russian fossil fuel and with well focused on ukraine. b. u and chief makes a high profile visits to a conflict ravaged part of nigeria. antonio gutierrez, travels to barnum state, where islamic extremists have been terrorizing the population for years. ah, i'm good. how about as well come to the program? european commission president, or is it a funder lie and has called on the you to ban oil imports from russia? she proposed a phase out that would end paymen

the plan was announced by the european commission president, ursula von der leyen, but requires unanimous support to be adopted. the hungarian foreign minister said the ban in its current form would destroy his country's economy. here's our europe editor katya adler in brussels. for any sanctions package to be passed by the eu, it needs to be unanimously approved amongst member states. be unanimously approved amongst memberstates. but be unanimously approved amongst member states. but is hungry saying no, or is hungry saying not this way? well, brussels thinks is the latter, it thinks it can have these oil sanctions approved, properly by the weekend, but there will be quite a lot of living and horse trading in between. you see, we are on sanctions back six by now for the eu and some member states, like hungry, are affected more than others. so was notjust hungry, it's like a comedy czech republic, gary who are beginning to see other member states, who are beginning to see other memberstates, look, who are beginning to see other member states, look, you have got to help us out here, you ha

the willingness of the european commission and ofl of the european commission and of ireland to try to accommodate those concerns is very much there. what we cannot do is accept that the british government would act unilaterally, they would pass legislation to effectively breach international law to set aside elements of a treaty. of course, this prime minister was central to designing and putting in place. because that would cause more problems than it would solve. relations between london and brussels are, again, having huge implications for northern ireland and vice versa. the democratic unionist party believes the protocol amounts to an economic barrier with england, scotland and wales which damages northern ireland's place in the uk. underthe damages northern ireland's place in the uk. under the rules of devolution in northern ireland, unionists and irish nationalists have to agree to share power for a devolved government to be formed. that means the dup has a veto and it insists it will not go into a coalition unless the trade border is removed. i coalition unless the trade borde

in denmark, representatives met from the european commission and the north sea countries to discuss forging a new path forward. the big question is that we have to expend the offshore wind industry all over the north sea that we have to connect each other that we can make a common business out of it. and we understand that this snarled time for industrialization. the declaration of intent will soon be followed by concrete projects. concern for the environment is one incentive, but europe also wants to rid itself of dependence on russian oil and gas as quickly as possible. the european commissioners explained how it will work. the re power e u plans are a mix of ideas and concrete regulatory proposals. one of the most important points, speeding up the approval process. veneta re doke about topic deployment. a few of us that he's an elephant in that room, getting a permit might take as long as 9 years for wind, and up to 4 years for a solar projects. so this is time that we do not have in the future. the approval of such projects should be possible within a year. alongside wind power, solar e

as in a poll speaking to former c, i a director david, a trace well, the european commission president earth love on the line has called on the e to ban oil imports from russia. she proposed a phase out that would end payments to moscow by the end of the year. 27 members states would have to all support such a bad. and that may be hard to come by. several you countries get most of the oil from russia, but those backing the embargo say anything less would help fund rushes war on ukraine. stepping up, the pressure and russia was left on the line to see european parliament either lawmakers who represent the citizens to draw out her bank announcements. today, we will propose to ban all russian oil from europe. this will be a complete import band on all russian oil seaborne and pipeline crude and refined. we will make sure that we phase out russian oil in an orderly fashion. the plan is to face out oil buddy, end of 2020 to hungary. in slovakia, which are very dependent on russian oil will be granted longer transition periods. besides the oil ban funded line also presented other sanctions i

we will speak to the european commission commissioner for budget and administration. that is coming up shortly. this is bloomberg. ♪ tom: welcome back to the open. we are 40 minutes into european trading day. we see losses across the benchmark in europe after a brutal day of selling, risk off moves on wall street. almost 5% losses across the nasdaq. every sector in europe is lower apart from energy. worth noting in terms of the bond markets, you saw that yield on the u.s. 10 year above 3% yesterday. italian and german spread coming above two hundred basis points. francine: -- part of the sixth round of sanctions on russia. how will this affect the economies on the region? to answer that question, we go to maria tadeo joined by the eu budget commissioner. maria: thank you and we are here in salzburg. we are joined by johannes hahn, who is the budget commissioner for the european commission. this is beautiful scenery but when it comes to the economy, isn't that beautiful? -- is it that beautiful? johannes: we are all concerned about the growth of the economy. in gener

the european commission is quite transparent in sanctions and when they will apply and where. we are not suffering from lack of clarity and for the time being it is quite reasonable what the impact, because it means energy goods like oil and gas are still not under a ban. what it has impacted for the time being is steel and that is for the port being the biggest steel of europe is an issue. the russian quota has been replaced immediately, overnight, by south korean steel. we do not see a switch in volumes. we see steel is coming in from another destination, and one that will impact other european -- that will apply in a few months. alix: if you can dust off a crystal ball, as contracts for oil and natural gas between russia and the west rolloff, how do you anticipate energy volumes being shifted around the world? jacques: that is a big concern. clarity in the sanctions on oil and gas, what was the idea of the european commission is to have that decision today or this week on those energy products, but will most probably not happen in the short term. all of the lawyers are look

commission, ursula von der leyen, in the european parliament. she has come under some criticism. there is some feeling that she may have mishandled this by announcing the details of this proposed oil embargo before the groundwork had been properly laid among member states. as we heard there, she said she -- her expectations were low that there would be an agreement in the next day or two. other voices are more optimistic, hopeful that before too long, these oil sanctions, and the package of sanctions on russia can be agreed. lewis: that is oil. what else will they be talking about and hoping to do? >> in this package of sanctions, there are also measures against russia's biggest bank, a number ofther individuals, rsian individuals being targeted. i think there is impatience certainly on the side of the commission to see this package of sanctions come through, in order to get those measures underway, as well. in terms of the oil embargo, what is on the table at the moment is a propal to ban sea-borne oil and then have a longer lead in period f oi

we heard from the european commission president on the measures. >> this is an important step forward. the remaining 10%, we will soon return the to the issue. we are joined by our european economics reporter in frankfurt. maria, how significant is this agreement? maria: it is significant, and i would argue it is more significant than what we were expecting yesterday. there is a lot of negativity around this package being approved. today we have a deal which the european's will immediately reduce seabourne imports by two thirds, and it germany stops pipeline oil, it will be 90%. it is more meaningful than what we were briefed on yesterday. i just spoke with the belgian prime minister who told me when you look at this package overall, oil has a very significant impact on russia. it is necessary to take a moment to breathe and then talk about further sanctions on the road. francine: so, what else is dominating the discussion? there is a lot of work on inflation, and the read across to what that means for the ecb? maria: and francine, it will be about the food crisis. a lot of leaders su

the european commission president ursula von der leyen has announced a plan to end europe's dependence on russian fossil. wind power production was also pledged to be increased in the north sea. this was signed in denmark. the international criminal court is sending investigators to kyiv to investigate possible crimes against humanity. the u.n. has launched a five plan aimed at averting a global climate catastrophe. the secretary-general has warned that time is running out as temperatures rise. scientists are also sounding the alarm. climate indicators include greenhouse gas concentrations and rising sea levels, and much of the world is feeling the efct. >> it's a heat wave that one in six people on earth are currently struggling through. blistering heat has scorched india and pakistan for weeks. on the weekend, temperatures hit a record high of 49 degrees celsius in the indian capital of delhi. >> i am 74 years old. we used to hear about the heat and think of it as an unfortunate event when rajasthan used to go through 48 degrees celsius. this year, all the records have been broken. >

the european commission has called on the a you to ban oil imports from russia, commission president of underlying outlined a 6th package of sanctions against moscow. and called for a phased embargo of russian oil imports by the end of the year. and russia has launched new strikes against the city of levine in western ukraine. the cities mer says explosion knocked out some power stations. and injured to people. meanwhile, ukrainian fighters say russia has launched a new assault on the steel plant in the besieged city of money who paul wore in ukraine has rattled late as in georgia, former soviet state that russia invaded in 2008 elsco took control of 2 regions which it recognized as independent republics. we asked the george and president how the west and allies can effectively support her country. but we really need it quicker and sure. a pass towards integration both in you and natal because that's where we see out to live security. our ultimate security cannot be in a war because we will never be able to win the war with russia. georgia has put forward on a formal application to j

he'll or the european commission president ursula from july. and she has promised that the european union will help rebuild ukraine. she spoke today the word economic form in davos, switzerland, where the russian invasion of ukraine has been. topic number one, the reconstruction of the country should come my massive investment. with ambitious we forms, for example, to modernize ukraine's administrative capacity to firmly establish the rule of law and the independence of the judicially to fight corruption, get rid of the oligarchs to build a fear sustainable and strong competitive economy. and thus, to firmly support ukraine in pursuing its european path. ukraine belongs in to the european family. all right, we wanna go now to eastern ukraine. i'm joined now by a corresponded mathias, berlin. he is in the city of chroma, tolorisk to night. my tears, this war is entering its 4th month now a countless ukrainians are dealing with their own personal trauma. how are people they're coping well, obviously there's nobody in the country unaffected by thi

the european commission president ursula for the lion to day promised that the european union will help rebuild ukraine. she spoke at the world economic forum in davos, switzerland. the reconstruction of the country should combine massive investment with ambitious reform. for example, to moralize. your claims administrative capacity to firmly establish the rule of law and the independence of the judiciary. to fight corruption, get rid of the only gas to build a fear sustainable and strong competitive economy. and thus, to firmly support you trade in pursuing its european path. ukraine belongs in 2 of the european family or if a more now joined by our corresponding christy plants and she is in dogs at the word economic for him before is could he be to you? christy. so those were nice words that we heard there from ursula, underlying saying that ukraine belongs in the european family. it sounds good, but does it mean much to ukraine? right, well i mean, this is certainly a good news for ukraine and something that might be considered bad news for russia . certainly anything that is part of

the european commission purchase of ban on russian oil commission president also off on the line says the you should phase out in ports by the end of this year. but critics say that's not fast. im also coming up russia strikes ukraine in the west and the east bombs destroy power stations in the city of la v for and russian forces continue. their assault on the southern city of mario paul, where ukrainians are fighting for their lives. german shall. so all of shaw says flooded me put in may the mistake by invite invading ukraine. the war dominated a 2 day meeting of all of shawls cabinet focused on finding alternatives to russian fossil fuel. plus with the world's attention on ukraine, b, u. n. chief makes a high profile visit to a conflict ravaged part of nigeria. antonio with parish travels to barnum state. where is lambert islamic extremists have been terrorizing the population for years? ah, i'm glad of his war. come to the program. european commission president, also a funder lion has called on b, e. you to ban oil imports from russia. she proposed the phase out there would end pa

also on the show, the european commission pushes a ban on russian oil commission. president courses under lions says the you should phase out in ports by the end of the year. a critic say that's not fast enough. and german chancellor all off schultz says vladimir putin made a mistake by invading ukraine. the war dominated a 2 day meeting of olaf shelters, cabinet focused on finding alternatives to russian fossil fuels. ah. hello, i'm claire richardson. thank you so much for joining us. russian rockets continue to pound ukraine's 2nd largest city hard keith as moscow's offensive in the east of the country takes its toll. but ukraine's armed forces are claiming victories in that region. after taking back several towns the residence there, say the russian occupation was an experience. they would like to forget at amusement park rocked by missiles and harkey, ccd re footage captured these shocking images. ukrainian authorities see this was one of dozens of russian air strikes, an attempt to heighten the gremlins eastern offensive as ukrainian forces retake some villages in the harkey region.

particularly to establish rebuilding and reconstruction that would be managed during the european commission and allowed to direct the european union restored for noncompliance. the president need would not be complete. there has to be a precedence before punishing the oppressor. it has to be seen or frozen. a special pond that would be used. of course this is not easy. after that there will be definitely no --. for what russia has done and what it continues to do. it loses everything that indefinitely departs --. by definition the family should be stop. human rights and global trade rose. if ukraine is ready to provide a platform, and. is why ukraine needs funding. the funding we need for rebuilding our country, this is funding we have established for rebuilding ukraine. to join this platform for each and every --. we all have a specific proposal and where to allocate those funds. where are those priorities was marked we target the nature of our work with absolute priority. we propose to establish a global structure that within 24 hours can provide sufficient support any country that has su

well, it is true that the european commission president ursula underline, did present a proposed new sanctions that will include a ban on the import of for russian oil. she out wind what needs to be done? mind you the plan on lea, a concerns are russian oil and so far by looking at what's happening, i haven't seen any talks about restrictions on the import of russian gas. so now to me, it looks somewhat so hypocritical, if you will. that's countries that rely on russian gas are willing to risk the will be or the economies of those countries that are well the relying majorly on russian oil. in this case we're talking particularly about so countries like hungry slovakia perhaps said check republicans of bulgaria who would be thrown low under the bus by other european giants. let's take a c. hungary is energy supply cannot be endangered because no one can expect us to allow the price of the war and ukraine to be paid by hungarians. it is currently physically impossible for hungry and its economy to function without russian oil. if it comes to an approved embargo, fresh or less part of a

the european commission now wants to take off spare bank rushes, largest bank from the swift financial transaction system. and the plan is also to target military officials in walked in the atrocities in mario pole. and in boucher and 3 russian media outlets will be banned from european air base for spreading misinformation. in addition to sputnik and russia to day, it is with the ban on energy, however, that the ear is hoping to hit the russian economy the hardest. but only facing out oil is far from enough for many lawmakers damage. they want boulder status. finally, we have for oil even when it will, takes still 6 to 9 months or 2 implemented. i'm are also waiting for a been on, on gas because sir, what we are paying to the war machine of britain is mainly what you're paying for russian. gus, the ears ban on russian oil could cause even higher price spikes for energy and fuel in europe. putting a burden on european citizens, a prize that you has to pay to show solidarity with its neighbors. ukraine, after to manage all makers think. we have to understand that $1.00 price to fight th

it's true that the european commission president, the ursula of on their line, she had outlined in the proposed use sanctions. and indeed there are including a ban on impulse imports or for all of russian oil until the end of this year. mind you are only hearing sanctions against russian oil so far. i haven't heard anything about, well, haven't heard any talk about restrictions on russian gas. so in this case, it looks was somewhat hypocritical, if you will, because there are certain countries that are relying on russian gas in majority. they're willing to risk the economies of other countries that are relying on russian oil in this case in this case. in particular, how we're talking about hungary and slovakia because it will be very economies that will be thrown on those of us. hungary energy supply cannot be endangered because no one can expect us to allow the price of the war in ukraine to be paid by hungarians. it is currently physically impossible for hungary and its economy to function without russian oil. if it comes to an approved embargo of rush and oil is part of a sad packag

hungary has rejected a proposed eu—wide ban on imports of russian oil put forward by the european commission. it requires the approval of all member states to be adopted. the us central bank, the federal reserve, has raised interest rates by half a percentage point, the most aggressive such increase in more than 20 years. the move is intended to tackle rapidly rising prices. amber heard has taken the stand at the defamation trial brought by ex—husband jonny depp, describing how she first fell in love with him. but later in her testimony, she said mr depp had repeatedly slapped her. he denies the allegations. hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are sienna rodgers, senior writer at politcshome�*s the house magazine, and anna mikhailova, who's deputy political editor at the mail on sunday. welcome to you both. nice to see you again. tomorrow's front pages, starting with... the metro leads with the sale of the shirt worn by diego maradona when he scored the infamous hand of god goal. it went forjust over £7 million. the main story in

now since last week, the european commission softened. it starts on the purchase of russian gas when it published its new guidelines. why they made the process the confusing for its members state simply to pay that bills. it's because the european union is torn between it's attempt to please washington and to abide by american demand. so they put pressure on russia and the fact that they are in desperate need of fuel. the europeans are more dependent on russian hill than the russians are dependent on the europeans. and i think that was a major miscalculation that they made from the beginning you recall widen. and the 1st few days said that the united states was turning the rubel and to rubble. and after a few days we saw that. but that did not happen. and in fact, it was, we all know rose to you heights at least previous years. this was the, the most valuable that had become so european, obviously fascinated with regards to the sanctions and the supplies that they hate themselves. not only by pushing pity sanctions, but also by sanctionin

i am very pleased and thank you for having the european commission during this difficult times and the change decision from put another point on the agenda. we've would like to come to very quick a grievance, my divorce, our situation in the you and people can face and therefore we would like to after the elections, less stiff elections, possibly in june. we would like to have a german french ministerial council meeting said, ye shall here. a man. well, you have the verse and thank you very much. chancellor issue would love to work with with this invitation to berlin, depress, montana, soon very happy to visit you. meet you again. this is my 1st international lady to travel don't falling the beginning of my 2nd mandate the day before yesterday. it is clear for me buttons this he 1st journey aqua monk marked the strength and the important friendship. franco german friendship forced upon you the palace more. this was even dearer to me. oh, said johnny, because we've but as to the 1st journey abroad, this trip abroad, any commander in europe, in a fashion to celebrate this political proje

out -- calling on the european commission to put out clear guidelines. what i'm trying to figure out if draghi is going it alone or trying to pressure the commission to put out legal paperwork that they have not been. they have been dragging on that paperwork. manus: where are we -- no data on the embargo as of yet -- where are we on the transit of gas through the ukraine that through prices up? maria: a short answer on the oil, is no. it is blocked for the time being. but i hear back home in brussels is that this is something european leaders will have to get together to get over the finish line. many would say this is just an embarrassment. the europeans are still debating the own and the chemo we can go. -- their own plan that came out a week ago. we know this point is almost existential. they continue to do business behind the scenes. if russia continues to complicate logistics, transit could be affected. it would affect the european economy, coupled that with the oil and it could be huge. manus: thank you. another sector impacted by the war with rus

commission is expected to respond to ukraine's membership id next month. mid 4 o european commission present as a founder alliance as the war means strengthening the e. u. is more important than ever. take lesson the memo. yes, our ha has always framed our future. and that is all the more important at a time when the unsinkable has returned to our continent. russia's flagrant attempts to redraw maps and to rewrite, even the most tragic parts of our history have reminded us of the dangers of losing our grip on both. i'll pass and our future on living in a perpetual presence. i'm thinking that things can never be different. that that cannot be better ways of doing things. and even worse, that things will always stay the same. if only we do not change. that's so wrong. standing still is falling back. but this conference, this conference has shown us that europeans are determined not to make this mistake . you, you will have told us that you want to build a better future by living up to the most enduring promises of the past. promises of peace and prosperity, fairness and progress. and j

now the european commission has launched a 300000000000 euro plan to end europe's dependence on russian fossil fuels. and the main focus is on renewable energy. germany. belgian, the netherlands and denmark of all pledged to produce more wind power in the north sea. this is among the ways europe plans to create more home grown energy through enormous offshore wind projects in the north sea. in denmark, representatives met from the european commission and the north sea countries to discuss forging a new path forward. the big question is that we have to expend the offshore wind industry all over the north sea that we have to connect each other that we can make a common business out of it. and we understand that this snarled time for industrialization. the declaration of intent will soon be followed by concrete projects. concern for the environment is one incentive, but europe also wants to rid itself of dependence on russian oil and gas as quickly as possible. the european commissioners explained how it will work. the re power e u plans are a mix of ideas and concrete regulatory proposals

commission president, along with the pro, into the european council. what back to mark the fact that a deal had finally been done. thanks to this council should now be able to finalize a band on almost 90 percent of all russian oil inputs by the end of the year. this is an important step forward. the remaining 10 percent on these one, we will soon return to the issue of these remaining 10 percent pipeline oils. the leaders here also know that while this action punishes russia, the economic consequences will likely be felt hard. inside the e. u to james bay's out his era, brussels france has demanded an investigation after a french journalist was killed in the eastern ukraine. 32 year old frederick the clerk, him half was fatally hit by shrapnel while covering a ukrainian evacuation operation. it happened as france, his new foreign minister was in the visits the chief, the promise of weapons to help in the war and russia. st. bizarre. the reports from the frances new foreign minister catherine calona, began her visit to ukraine by paying her respects to