was a boycott of europe oil exports. it didn't work. in 1973, it was already very different. and then it did work. but america now is taking on that position. that is, for them, very advantageous. >> what you think? america is taking on, effectively, energy diplomacy, energy policies that are going to help it with europe? is it that simple? i think it isn't. >> i was surprised years ago when the congress sanctioned companies that are located in allied countries, nato countries. this was unheard of that a country flexes muscles with such an obvious economic interest, although people depend on each other and we are in the same boat when it comes to the security alliance. coming back to the previous question, maybe i didn't make myself clear. what i wanted to say is, this is the picture of interest in the new government. if you ask my personal opinion, the level of escalation makes -- data. it is not happening. the european pressure, the pressure from neighboring countries, the pressure from the united states, makes it very

i'm secondly, of course, on energy and europe. in general, i about 30 percent of, of our gas comes from russia in germany, depending on the year or it can be upwards of 50 percent. we have created for ourselves over the last 20 years, a huge energy dependency on russia. on top of that, nordstrom too was of course, a pet project of the s p d, the party of current chancellor shorts and to, to withdraw on nordstrom to would have domestic political implications for the s p d. in shorts, we have puts our domestic debates and our economic interests ahead of european a united security policy. nonetheless, chance a shorts is said north street to might be on the table if things go down hill, alexander, if it were to be halted the pipeline. do you think that would have an influence on put in? no, no, because sir, we, we have to understand that russia is the diverting its energy flows to asia and asia, china. but not only china, india urine, other be countries in asia, will never support west on sanctions, financial sanctions against russia.

he is traveling through europe's national parks and protected areas. for them, wilderness isn't only untouched nature, but also respected nature. they are observing the re introduction and natural return of predators to european forests. today they've come to southern slovenia to photograph one of them, the brown bear. again. oh, go and pretend to be the bat and feel just when you're not in frame yet. cole. nathan is selves been off the rocks on his interior systems clearfield. i grew up with the animal stories and films from the serengeti, from africa and north america is a little shy. it really is a shame from the point of view of a nature filmmaker not to be able or allowed to tell the stories of central europe's animals. besides, the very personal happiness you get encountering bears wolves, or lynx is, is also the urge to act like a sort of p r agent for european nature, for the people shouldn't forget that there's also a wild life behind a house on the outskirts of berlin from hor in the outs in south to roll, and those stories can and should and

. >> the countdown is on in europe. this is "bloomberg markets: european close," with guy johnson and alix steel. ♪ guy: 30 minutes to the close. quick refresher on the price action. european stocks up. energy stocks, mining stocks doing the heavy lifting. we are potentially, according to some, about is he some fx volatility. this is u.k. nat gas, down by nearly 6% today. similar story when it comes to the contracts as well. basically, we are all kind of responding to the cpi number. the highest number since 1982. alix: it is definitely hot, yet you are looking at some kind of relief rally in the u.s. what was actually priced into the market? the nasdaq up by 0.1%, but off the highs of the session, so watch this space. how long can this relief rally actually last? just to point out what is leading it, the faang index of those large big cap tech stocks up by 0.6%. interestingly enough, the dollar, the bloomberg dollar index at a two-month low, the lowest we have seen since the beginning of november. the real question i

guy: technology is down by 6.26% in europe. europe has been sold. banks are up 10%. do you think that move has gone far enough? has the gap between them gone far enough right now, or do you think maybe there is an opportunity for them to widen? roland: as i told you, i like to add some value sector and some growth sector. on the growth side, i think the technology in europe is a good opportunity right now. the story has not changed for the sector. earnings outlooks are great. tech in europe is very different from the tech you find in the u.s. we are less internet driven, more driven in europe. so we have no an opportunity to build some position on this quality growth sector at a much cheaper price. guy: what do you think yields doing europe? there does seem to be dissents at the moment that the ecb is going to lag, that inflation is not going to be a problem in the euro zone. do you think that is going to be the case? do you think there is a danger that the ecb has to pivot quite quickly, and the same way we are seeing from the fed right now? roland: when you look at

take part in europe. i wanna, i want britain to be a better place. i'm fight in for this country. ah, but maybe not in the way that, that people traditionally fought for it, which is, you know, to keep certain a prejudices in place. that's johnny pitts vision a year that confronts its colonial past head on and stops marginalizing black people. many valuable artifacts from african countries are held in european museums. the fact the treasures are here testifies to a colonial past and triggers modern day controversy. should they be repatriated in what context can european museums show them to day? when we go to those machines we, we look at those objects, it's more like like a distant vacation hold thing. busy i think the institutions and europe, and on the whole global north are fairly conservative. that means they don't want to change their power position. of course. take berlin's noise museum. it holds the famous bust of nefertiti, which attracts hundreds of thousands of visitors each year. for close to

it couldn't hold on leg. europe is very calm in europe is super gone. yeah, on this is like when the gentlemen so it didn't match. the energy really should change styles. experimented with electronic beats and made sound collages, discovering the world a new in the process. and that's a mix of the african realities digital form, basically, back from past and from now elza bhalla now spends most of her time in germany. she lives with her young daughter in berlin, but africa is a strong part of the mix. on this track. she samples speeches by kwame and crew, mark the 1st leader of an independent gonna and mixes them with bits of dialogue. she recorded during taxi rides around camera, around a half. now she no longer feels the need to enlighten germans who blank on their countries colonial past. he and germany have conversational more with people who are like germany to laugh colony. right. and i like use google in berlin umbrella gets a taste of home at this camera. rooney in restaurant these days, her search for identity has faded a bit into the backgroun

itself out of europe. you know, as a russian, i think a lot of those wounds were self—inflicted. the fact that russia has authoritarian backsliding. who are we to blame for this? it's us. we did it to ourselves, the fact that russia doesn't have freedoms that you would expect in a democratic country, the fact that there is serious corruption, all of those problems. i would not blame them on cia agents or western consultants. so we have this side of the problem. on the other hand, i also have to say that if we look across, notjust to this crisis but back, 30 years back, to what has transpired, we can see that the west never formulated a conception of where russia should be and how it should fit with the west. russia was never institutionally brought into the west. so, you know, it has been othered and it has become the other. and that is the sad situation we find ourselves in. there is a well—known chinese saying that i like to cite. it takes two hands to clap. and perhaps russia bears most responsibili

carl bilt, what happens in europe, orfor europe? we don't know. but i fear, if this happens, another russian invasion — we've seen them before — i think the consequences would be pretty catastrophic for everyone involved. it is a far easier to start... i agree with sergei. if they do it, they would like to do something short and sweet or whatever. it's far easier to start wars than to stop them, and the one thing leads to the other. negative consequences for russia in terms of its international standing, european standing. negative consequences for europe in terms of the security order. negative consequences for ukraine. there's nothing, nothing, nothing good to come out of this for anyone — including, i'm quite convinced, for mr putin himself. that's my view. his view, ifear, might be different. all right, let's go to ourfinal question. volodimir golovko, what do you want to ask our panel? what is the role and influence of china in the ukrainian—russian conflict? is there a possibility- for the west to coordinate with beijing in support-

europe one more to a furlough system. the u.s. ended up laying about -- laying off a lot of employees. it takes longer to get those employees to come back to the workforce. to me, the other thing i would highlight is it is very typical to get a 10% to 20% correction around fed tightening. that is typically about 10%. but if you look at 2018 we change the balance sheet, the market almost went down 20%. so we have had some pretty good periods. the market is up 100%. volatility is here to stay. we've got to right the ship on inflation. our view at kkr is that inflation is going to be at a higher sustained level, but you can invest in that. real estate, infrastructure, asset-based finance, some of the other things we are doing in the private markets, that is what we do with our balance sheet. we are the largest investor in what we do, and we position it to traffic through what is going to be a bumpy period. guy: it sounds like the fed has got a lot of work to do. if i take a look at history, when it starts down this road, at some poin

so, i mean, what, what is it worth to europe, and is it worth, is it europe's economic health and, and prosperity worth this because the way i look at it, you know, trying to isolate russia a sanction russia, all to me the, it's the europeans is least economically, they will get the short end of the stick on this all for ukraine. go ahead. i think you're the problem. ease in europe or security. perceptions are very different for the french. ukraine has no value. it goes for the french, early on, many interested in you know, a fighting again, islamist in the southern africa crisis in north africa, and near east and in africa. oh. from a german point of view, is there a big difference? because the ukraine is very near to jumps of territory. it's a buffer zone, i guess, against russia and or germany as it economy power would like to and not a european come on the market to wave are more, more, more room, more, more consumers, old, sure importer. you know, people from ukraine, young people, we don't, don't find a job in ukraine. they come to germany like, or are eastern european states and

this will leave europe short but we are looking at different additional options that europe can choose. there can be some upset from norway, from the change in the strategies of suppliers. there can be some upside from netherlands but it is very politically sensitive issue. there is potentially some upside from switching back into coal and nuclear but it is extremely politically sensitive. dani: katerina, sorry for jumping in. in terms of the other options, how much can we look to china, how much can we look to north america, how much do these regions help fill some of the gaps? kateryna: we already see actually some of this happening. for example, this month, we expect more lng in european systems then russian gas. there is more from asia and the stocks are high. when it comes to the overall volume of global supply, at this price, everything that has been squeezed out can be squeezed out. it is about the redirection of this lng from asia. a lot would depend on whether -- if we see mild weather, we could see potential lng coming into europe. dani: katerina, thank you very much. a timel

policy in europe. we need a new think about what needs a security architecture. using these words in the middle of a crisis is not helpful. guy: on that note, we will leave it. always a pleasure. fantastic to have you on as ever . judy dempsey, carnegie europe senior fellow. we are abating -- we are awaiting the olaf scholz emmanuel macron press conference. in the meantime let's take it on the markets. european equity markets closing higher. in the united states come equity markets under pressure. the russell down 2.24%. we are waiting for the fed tomorrow. the dollar on the front foot. at the bottom, another significant salon for the s&p. we are down 1.9%. this is bloomberg. ♪ kriti: let's get a check on where the u.s. markets are. the rotation to safety resumes. abigail doolittle is tracking the moves. abigail: the move out of risk is what is happening. the s&p 500 down 1.8%. the nasdaq 100 down 2.7%. relative to safety you can see there is little bit of a bid for bonds. the yen is basically flat.

nuclear weapons from europe. as you said this us russia relations is what it's all about in the end. so what objective could puttin actually still be pursuing here? and if deterrence doesn't work, what economic sanctions would convince him to stand down? well, first of all where is he up to? and i think it's not would convince him to stand down? well, first of all just ukraine but it is it is more just about the security arrangements in europe since 30 years. it is precisely about and you mentioned the question of the withdrawal of american nuclear weapons from europe. i mean there are not that many nuclear weapons left, there are just a few bombs in uh in germany in benelux, holland, italy turkey. so um that is very few. and in fact what putin is intending by demanding the withdrawal of these weapons is much more. he talks about control in europe it's it's about hegemony as he sees it, american hegemony which he would like to inherit. and so this is the big picture. the other big picture is we see lots of maneuv

we are trying to integrate more with europe. we already are in an incredibly strong alliance with nato, we work in the osce together, and we also work closely, especially on trade and environmental regulation, with the eu. so we are, we want to be allies, we want to be together. and i wouldn't say that we — and we would like ukraine to join us, by the way. and if russia chose tojoin it, fine, russia canjoin too. but i would say we are not trying to make it about us and them, we want it to be europe and the us, and russia is the one trying to pull that away and break up the alliance. and do you see it, as olha is asking there, that this global instability has been with us for a long time and may continue for a long time? that's up to russia. i think, if i can step in, there is a huge gap between, we're not about talking eu or nato or us, orjust any other, it is something where the collective west has got the extremely good experience of building the consensus. and now in a global world, where you cannot take decisions only on y

say it's trust halfway between central europe and eastern europe than many more people affect it. and it's interesting that we have already seen this dissenting. why says if i may say, for instance, in the and the person also president my call right now, why we are speaking the political derek. this of the major parties involved in the normal, the form of russian political direct us, french and precision german meeting in paris in order to, to get something done at least on the, on, on this level of diplomacy. and my call has said that several times that the has to be an understanding and an open dialogue with russia. he says that although micron has also been pretty tough with food and over the years as well, although when, when food and has visited macro, and they're very, very chummy, very, very nice to each other. but i can't imagine the conversations, karen, they have behind closed doors. now let's just get back to this, this whole potential crisis over ukraine. russia is staging enormous military drills right now in the barents sea in the atlantic down in the baltic as well.

and europe said no. yesterday, president biden told the president of ukraine, zelensky, that there is a distinct possibility that russia could increase and did you cried in february. if it were up to them, there would be no war. so we start tonight in eastern ukraine, near the russian border, that is where we find nbc's richard engel who joins us live. richard, we know the background, what is happening now? >> there is a game of wait and see. ukrainian government, presidents lewinsky, today gave his clearest comments yet. saying that the ukrainian people should ride this out. that they should not be overly concerned that this is something that russia does periodically, that it masses forces, it holds military exercises near the border, that it is a kind of psychological warfare, and that they shouldn't given to the bait. it is left the people here in ukraine, not just to the, east but across the country, wondering is he right? it is very tempting to believe that. that is what many people want to believe.

there's unity in europe. there's unity with us. i think we are, by the way, we're very happy also with the way our american friends are coordinating this. how much more responsibility does germany have to take left? so it's the top is still sitting on the fence over the issue of no string to he tries to avoid mentioning it also says that everything has to be on the able a germany also doesn't want to send any arms into the region. it's citing historic reasons is germany taking up responsibility here. but germany plays a very important role. we already did last time around when after rusher invaded ukraine. it was transfer america together with president along to get and present person and putting around a table. we see the minsk agreement, we stopped the, the aggression and then you just mentioned correctly that the german trensler has actually said that all the options are on the table, including the options of north stream. not sprint too. and this is very, very important that we clearly tell the russians that, you know, there is

. >> the countdown is on in europe. this is "bloomberg markets: european close," with guy johnson and alix steel. ♪ guy: 30 minutes to the close, this is what the price action looks like in europe. stoxx 600 i .66%. energy stocks leading. not much reaction here in the u.k. to the political shenanigans taking place in westminster. we are expecting news from sue gray at some point that may determine the future of boris johnson. does not look like it is going to come today. brent crude the real reason why european stocks are surging today, now north of $90, $90.11, up by 2.2%. kailey: three hours to go until we get that federal reserve decision, and equities are higher. we were up as much as 2% or more in the case of the nasdaq 100 at one point about an hour ago. right now we are down to about 1.7 6% gains. yes, it is a strong rebound. the question is, will it last after two days of incredible volatility in the equity market? lifting the tech sector today is the result we got out of microsoft, growth in its cloud busines

in terms of nations though, china right now, it's number one, but as a block, europe, europe is more important and there's a lot of old, a real, a business relationship, especially between mosque or russia and germany, there's a lot of connections on different levels. i mean, russian president, redeemer portion is very fluent and german and addressed the bundle stark, once speaking german. so the, the russia was always looking to, for a special relationship with germany and germ drive, very much wants to make germany a kind of hub for russia and gas supplies to all of western europe, and possibly bypassing ukraine. and that would be our kind of break up of that through a while and break up of those relationship would be very costly in terms of poetical and in terms of money to or this isn't the 1st time we've seen energy being used as a diplomatic political weapon this happened in the seventy's when opec decided it wasn't going to supply the west with oil over a variety of different things, including actually how much money they were getting for, for their oil. so at the, had there b

[crowd cheering] woman: europe's nationalist wave has arrived in spain. the vox party secured 12 seats in andalusia, a region with a high rate of both unemployment and migration. man: vox's anti-immigration policies, which include deporting all illegal immigrants and repatriating any immigrant convicted of a crime, clearly resonated with voters. woman: el ejido has become rich thanks to cheap migrant labor. but this does not protect them from animosity. [man speaking spanish] translator: there is a total hypocrisy, because if suddenly migrants returned to their countries, they will have to look forther workers, because this field nds labor awe have it now. low-skilled labor to be able tmake profits. trujillo: one year later, victor is living with his parents and 3 siblings in a small town outside the capital of el salvador. he gets temporary work at the local cemetery. i decided to visit him. victor wrote me that he and abigail broke off their relationship. victor: hola, adriana. [trujillo speaking spanish] [victor speaking spanish] [trujillo speaking spa

it should be known that europe's ideals, the democratic principles. it's historically how completely forgotten. i truly believe there is no hope in it, but i believe no one is afraid of being put on the police make list. it says only for domestic political purposes. on a human level is just low to make such less and constantly add people to it. the german parliament just held the debate on the russia ukraine crisis. i'm at the risk of a military escalation. let's learn more on go straight to berlin right now with peter oliver. peter, a lot of a well should we say issues being raised in the bone to stock? what can you tell us was said well, the german foreign minister on leon babel confirmed that the nod stream to gas pipeline, the runs between russia and germany, was part and is part of what she called a strong package of sanctions. that had been agreed between germany and its allies that could be imposed against russia. should there be an invasion of ukraine? the 10000000000 year road infrastructure project has been controversial for a long time. the

>> the countdown is on in europe. this is "bloomberg markets: european close," with guy johnson and alix steel. ♪ guy: 30 minutes to the close. let's take you to the price action. european stocks are down by around 1%. only one sector in positive territory. euro-dollar giving back some ground, still north of 1.14. a firm focus on what is happening with the fed as we going to the blackout period at the end of today. some interesting stock stories in europe that are really worth focusing on, with some geopolitical overlays. bruno le maire, the french finance minister, in an interview basically signaling that the french are going to make shareholders pay to alleviate consumer pain as energy prices go higher. this as we see geopolitical tensions being ratcheted up once again over ukraine. that is a story impacting energy prices across europe. 29 minutes to go until the european close. what does it look like over there? kriti: a risk off session in the u.s.. that is really going to show up in the s&p 500 in particular. y

they want to be a part of an alliance in europe. we should support them in that ambition in every appropriate way for them to reach a fool and robust democracy and to say to those who would push them in another direction against their will, that is the wrong path. russia has no right to decide for ukraine or any other country what its borders will be, what their future will be. we believe in the sovereignty of ukraine. the territorial integrity of ukraine. the right of the ukraine and the ukrainian people to choose their own future and we will do everything we can to affirm the vision the ukrainian citizens have for themselves. >> thank you, madam secretary. it has been quite reassuring to talk to you. i think we fully have to accept it is their right to ask at this critical time. it is a difficult situation and circumstances to join nato. thank you also for the reassurances. we need to support as long as they support indefinitely. more deterrent measures rather than less deterrent measures that russia tends to be seeking. also than

i fully agree that western europe and southern europe is very high, which negotiated against russia were also the trainings are weaker. example on the eastern front of maeda -- of nato. guy: i was going to go there because i think the research earlier on suggesting that poland looks very exposed in terms of its economic ties, it could be meaningfully impacted by this. what impacts what we see in places like poland and hungary and how would the market react if we saw a conflict. magdalena: it is hard to assess the exact impact, however the major chain is oil and gas. these countries do not trade as much as you think. especially contain -- compared with western europe. however, you can see the decline of sentiment which would create an almost geopolitical risk, and definitely affect countries negatively. in terms of pure economic links it is not as an important partner. maybe a little bit more for hungary which has gotten close especially over the last year. but not for poland, check about yet in the public. alix: we are waiting for president biden to begin speaking and he will be deliveri

this time i found myself sent into the jungle for europe to the max. this is your of the rain forest, but under a roof that makes it europe largest indoor rainfall. here you can discover exotic plants experience adventures and learn everything about the rang for this particular in forest. as part of the eden project, various climate zones are simulated in a vast garden with enormous greenhouses. one of the domes, houses a tropical humid rain forest environment. an area of 16000 square meters makes it the largest indoor range forest in europe. i've traveled to southwest england to see it. the eden project complex has been in operation for 20 years, and the county of con will decide, was fully opened in march, 2001. it's a paradise artificially constructed on ground, where clay was once extracted. sir tim smith came up with the idea to transform the old quarry into an attraction where people are confronted with one of the most existential issues of human conte. i want to disguise inside fun a really important message which is that we are part of the natu

around half of europe, speed europe, species of trees and freshwater fish are endangered, as are a total of around 60 percent of all protected species. but even in densely populated central europe, true wilderness can be found. even if opinions differ on how to define it, lose austrian wildlife photographers, christine, is on villa and mark cough have spent. he is traveling through europe's national parks and protected areas. for them, wilderness isn't only untouched nature, but also respected nature. they're observing the re introduction and natural return of predators to european forests. today they've come to southern slovenia to photograph one of them. the brown bear. d. o. go and pretend to be the bat and fair . just when you think you're not in frame yet, cole. nathan is selves been off the rock saunders in houston clearfield. i grew up with the animal stories and films from the serengeti, from africa and north america. there is a little shy. it really is a shame from the point of view of a nature filmmaker not to be able or allowed to tell the stories of central europe's animals.

how varied is the picture across europe? it's very uneven and has been since the outset of this pandemic. quite generally, countries in the western part of the eu, portugal, spain, ireland have had the highest take—up of vaccines and then into the east and eastern countries like slovakia and other countries in the east near the old borders there on the russian side, they have had a very low take up in places like bulgaria and there's been a very difficult messaging challenge for a lot of governments and eu to try and encourage more people to get vaccinated. we also have the situation in the centre in austria and germany and france, there's been a move to introduce mandatory vaccinations to try and encourage more people to get vaccinated there. germany, before christmas and austria, was concerned that their vaccine levels were not high enough. austria went the furthest saying it wanted a vaccination, mandatory vaccination and became the first western country to do so, but interestingly over the last week we have seen this s

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it also threatens europe. it threatens the international order, this body is charged with upholding. we continue to hope russia chooses the path of diplomacy over the path of conflict in ukraine. but we cannot just wait and see. but russia's ambassador vaseline, the benzine says, all his countries troops around russian soil, they're not close to the ukrainian border. and there's absolutely no proof of a threat from them. he says the us and nato were whipping up tensions as though they want to be a war outside the council chamber. i pushed him further on this. are there any circumstances in which russian troops would cross the border into ukraine? can you be clear for it? i am. i am not the person to decide whatever happens, but we never. i said it in my statement that no russian petition or even their public figure ever said that we are planning to take your great what a clear answer. it seemed. but then he added this with not exclude provocations from uh, from ukraine inside the separatist. republics, they sa

nobody wants a war in europe. in doing so, the territorial integrity and independence of ukraine under international law must be respected, but constant new threats and never tougher sanctions against russia alone cannot be the solution. on the one end because sanctions have had little effect for a long time. and on the other hand, because these new sanctions would often harmless just as much well in germany over the weekend, we had turmoil in the armed forces. this was, as the chief of the navy stood down, and the controversy was after with caught on camera. while speaking out an event addressing a think tank in india in which she said that crimea would remain part of russia and vladimir putin. the russian president deserved respect that prompted him to step down quite dramatically on saturday evening. i think there's probably putting pressure on it because we can do it. it is easy to get him. the respect, he also gives us the caught me up and got another come. this is i have just asked the federal minister of de

he talks about control in europe. it's about had gemini, as he sees it in american hegemony, which he would like to inherit. and so this is the big picture. the other big picture is we see lots of maneuvers, military exercises by russia undertaken at this point in time all over the world. and so it indicates this global challenge, and i think this actually will linger on and the you asked me about the economic and the possible sanctions against the against that it very much depends on what putin does in this struggle. i don't know whether he really wants to invade ukraine or just the small incursion as biden just said in the slip of the tongue. i, i think that he has putin has lots of options on the table. and the response of the west has to be adequate and it will be economic jessica to potential economic sanctions that could be applied. but both have provoked german equivocation. one is the so called nuclear option, excluding russia from the swift payment transfer system, which essentially would make it very hard fo

nobody wants a war in europe. in doing so, the territorial integrity and independence of ukraine under international law must be respected, but constant new threats and never tougher sanctions against russia alone cannot be the solution. on the one end because sanctions have had little effect for a long time. and on the other hand because these new sanctions would often harmless just as much. meanwhile, boars johnson, the british prime minister, has been having his se that's after london sent thousands of anti tank weapons to ukraine just last week, as well as a team of special forces to train people how to use those while barry and ukraine now the british prime minister saying that an invasion of ukraine could be a disaster of historic proportions, but we also need to get a match. this in thinking you crime promot from a russian perspective is going to be a painful, violent and bloody business. this could be a new check, awful lot of movement in this story. throughout monday, most of our movement seems to be in t

i'm wondering how you think europe, europe's governments, europe's institutions will respond to that. we had a crisis with the pandemic, and europe, and some people's minds, had a hamiltonian moment where it started borrowing together, having joint debt, and spending money together, the next generation fund. using there is a possibility that europe, the eu will respond in similar fashion if we have a crisis in ukraine and we have a major energy crisis? using there's the possibility of acting in a unified way in the debt markets to find a way out of this? silvia: yes. the crisis is fairly deep. i would notice that the european fiscal roles are still not back to what they were. to counteract the negative impact that energy prices are having on disposable income and consumption, european governments are already putting in place fiscal policies to try to affect lower income households. alix: let's follow on that for a moment. if you take a look at energy prices last year, they saw an enormous incline. we have not seen that kind of rally today, but you're still up 7% with european natural

are other countries i know europe the objective was to mark -- in europe the a jet if -- the objective? are former soviet union satellite countries the objective? guest: putin's objective is to reestablish russian political and military control over the space of the former soviet union and also reaching out to the warsaw pact space. eastern european nations that in soviet times were under moscow's thumb. the treaty he offered us to sign make that care. he wants the removal of all nato equipment, all nato military forces from territories that used to make up the soviet union including the baltic states. countries that used to make up the warsaw pact. ukraine is the focus of this fight. if putin wins in ukraine you can be sure he will go on to provocations against balkan nato allies and perhaps also against nato allies that used to be part of the warsaw pact like poland in particular and romania. so there are a few stakes at play. america has a great interest in ensuring who tends defeat in ukraine. let's keep in mind that putin has been conducting this war since 2014. the reason why he

are europe corresponded. tough time. see, you repeat the diplomacy? hearing berlin, many of the decisions made by chancellor on actual government happened to be running on the same lines as friends and partners in london and washington. the german foreign minister is also not convinced there's an immediate sign of ukraine joining the nato alliance. everyone knows that this is not on the agenda at the moment, including russia. the people of ukraine wants to live in peace and security. may have been separated from their families for years due to the conflict in the da boss. that's what the matter is about. not even attempting to nato. another area where germany isn't following the lead of the u. k. in us is when it comes to the evacuation of stuff from embassies in kiev. berlin say's it. we're just further destabilize the situation on the ground and ukraine. of course, we continuously check the security situation in different places around the world, including in ukraine. like, how are you partners? we have currently decided not to use the embassy stuff

you know, europe gets gas a through l m g gets it from the, from the mediterranean. you'd also get it from norway. but russia is very important . and if there is indeed, there is more tension at that means prices are going to go up north steam to it's very important to germany. it's important to some other northern european countries as well. but the 88 is and put in is certainly a honing in on that. but you know, with the previous government, it was, it was, it was some, a no tough thing. now that we have to greens and the german government, who are much more skeptical, is especially d. m. foreign minister. and alina blair, burbock, much more skeptical of russia. it's not quite as sacrosanct in the german government, amy, more as it used to be. the saw the coalition fighting in yemen has laws to, as strikes in the capital sinner. now the targets included the military science as well as a national tv and radio. tell us after who the rebels who control the capitol far more missiles tools, upper topic in the united arab emirates on monday. theory says it's intercepted

here's what the w h chose. europe director, dr. hans claudia said today 50 of the 50 countries in europe and central asia have no reported cases of omicron. it is quickly becoming the dominant virus invest in europe. and this no spreading into the balkans at this rate, the institute for health metrics and evaluation forecasts that more than 50 percent of the population in region will be infected with mcclung. in the next 6 to 8 weeks or earlier i spoke with dr. glueck and i asked him, how alarmed should we really be here in your where we are at the crystals. so busy extra ordinary speech offerings, mission the tactics change from preventing transmission to preventing disruption. it's through the, at the individual level. the only thing that may be more miles, particularly into people who are boosted, but because of the she had numbers because of still a large share of the population, unvaccinated. the sit is that the hospitals will get overwhelmed and particularly short off health walkers who are becoming more and more in fairs. and that's what we're seeing. i mean, we're hearing more an

uk prime minister borisjohnson prepares to travel to eastern europe this week while his foreign secretary prepares stricter sanctions against russian money. subsidies for carbon dioxide in the uk end today. the food and drinks industry warns there could be shortages on supermarket shelves. and roam if you want to, but it will be more expensive. vodafonejoins the mobile phone companies re—introducing roaming fees for brits visiting the eu. let's get down to business, and we begin with the intense diplomacy over the crisis at the ukraine—russian border. as you've been hearing, borisjohnson is due to hold talks with the russian president before visiting eastern europe this week. foreign secretary liz truss said on sunday she would set out legislation that would give moscow notice of a "severe economic cost" for any incursion into ukraine, by strengthening britain's ability to target russian assets in the uk. she will outline the details to the house of commons later today. this comes as energy prices soar on concerns russia could restrict supplies of gas to europe — it supplies around

and the united states will lose its super rossi in europe on the object if she is to fragment europe on to torpedo any reset between western europeans on russia. and in order to prevent mercy. paula richey to remove a crane, confined on friday, that is received another batch of military aid from washington. 81 tons of ammunition were delivered in one of dozens of ad transfers planned on the job. biden's $200000000.00 support package or not all nato members. are united and weaponized in ukraine, though germany is refusing to send arms and has ruled out evacuating its embassy. they're saying they move would only add to the tensions with more from berlin. has ortiz piece all tough time? see, you repeat the diplomacy? hearing berlin, many of the decisions made by chancellor on our shoulders government happened to be running on the same lines as friends and partners in london and washington. the german foreign minister is also not convinced there's an immediate sign of ukraine joining the nato alliance. everyone knows that this is not the agenda at the moment, including russia. the people