same goes for bulgaria, bulgaria, import 3 b. m cubic meters from a russia which makes 90 percent of gas consumption. but since gas in bulgaria is predominantly used for eating, which is not necessary in the season, then the country can cope with the situation. the short term also because lastly, the grease bulgaria interconnect or a new pipeline will be open these here, which will be very important to the nurse in the storage of gas in bulgaria and get the country prepared for next winter simona. clearly, this is intended as a signal by the kremlin to the rest of the block. how much of a warning do you believe it is? this is a seal, both the poland and bulgaria ev contracts. we've got from that where, in any case, expiring vizier and both countries said they didn't want to renew them. so got from here, russia is sending a signal to other countries, starting with germany about their rouble. they meant request. i think the biggest threat facing europe now is that he's got fragmentation is the risk of certain companies are followin

why have poland and bulgaria defied russia's demands? what receives that whole learning? bull gary are both during lunch time. there will be no russian oil by end of the $20.00 to $2.00 and it will be no extent long there. rush natural gas congress which is expired at the end of $22.00. so the just sort of been has been important politics and also get off course. and now we see that this is to go away from us by source. and we'll see that they have alternatives and bulgaria don't as well because it gets its vast majority of natural gas from russia . exactly, exactly, that, that's a good point, but bulgaria can get their yes from us of a john. now we see that they are, it's on the more long term contracts with acid italian gas. ok at chris, let's look at russia and why it's insisting on these rubles payments in the 1st place. i mean, i understand that gas from already has to sell 80 percent of its foreign currency earnings for russian currency anyway. so why is it insisting on russia's target poles and bulgaria is exactly as you said, these are 2 countries that have been m

russia has suspended deliveries of natural gas to poland and bulgaria. it was because both countries have refused to pay in rubles, a requirement set up by the kremlin last month. the move marks a major escalation in russia's comic-con over the war in ukraine. european leaders have denounced moscow past decision as black male. the latest move in the conflict goes beyond the battlield t the gas pipelines and to europe in what has been seen as an aggressive move, russia has cut the gas supplied to poland and bulgaria. this russian energy giant said it has turn off -- turned off the gas supply. the kremlin demand that bills be paid in its own currency as a response to international sations which left it unable to utilize foreign currency. those immediately reflected -- affected were quick to respond. having built up reserves and implied that poland preparations including an alternative baltic pipeline may help the eu wean itselfff russian energy. >> let me remind you that we have interconnected to germany and the czech republic as we as our gas terminal whi

bulgaria in particular nets input. bulgaria in particular gets 90% _ input. bulgaria in particular gets 90% of _ input. bulgaria in particular gets 90% of its _ input. bulgaria in particular gets 90% of its gas - input. bulgaria in particular gets 9096 of its gas from i gets 90% of its gas from russia. the european commission president says don't worry, europe can cope, we can fill this void. europe can cope, we can fill this void-— this void. can they? well, i think it's — this void. can they? well, i think it's always _ this void. can they? well, i think it's always a - this void. can they? well, i l think it's always a possibility to reorient imports from different types of providers. the key question though is whether the infrastructure is in place and whether there is capacity in other providers and thatis capacity in other providers and that is a big uncertain point at this point in time so i think while there is that possibility in theory, reorienting imports, given the magnitude of imports into bulgaria and poland, it's going to be very difficult

witness bulgaria and poland this morning. i think andrew is very measured about the titanic uncertainty. how do you do a forward view on a soda pop company? jonathan: and how do you compare to 2011? i think that is tough. tom: i never played that. and where the central banks are, you know, take it as a tailor rule or some of the other work. cooper lighting it up as well. your encyclopedic knowledge of shakespeare takes me back to "the tempest" and stefano. this is 1623 this is first published. i'm sorry, stefano -- jonathan: do you have a chair? tom: stefano was long tesla at the time, so he needed to pay all of his debts. jonathan: is that it? is that the value add? tom: huge value add. jonathan: thank you, tom. i grew up in shakespeare country. shakespeare country is thick -- is the county of the shire. a great shire. tom: have you been to stratford and all that? jonathan: of course. used to have a restaurant that way. the nasdaq up 1%. from new york, this is bloomberg. ♪ lisa: always learning something new. i'm lisa matt

is not just a problem for bulgaria, naples, lam, sellable got it. this is a problem for the whole of the you that and the response will be united who threatened the days, fish to but adopt, including his hopes were echoed in a strongly worded tweet from e u commission president or sla fonda lion. i'm gas pens, announcement as another attempt by russia to blackmail us with guess we're prepared for the scenario. we are mapping out our coordinated e, you response europeans can trust that we stand united and in solidarity with the member states impacted by offering to deploy british british foreign minister liz truss, called on all of europe to cut off russian energy imports. a plan that is in the pipeline. although russia might try to preempt that move, it has just stated that it might hold the gas to other you countries. so germany is also racing to count its dependence on russian fossil fuels. it's economy minister, a warrant that berlin must diversify its energy supply all be left defenseless. does your, the solution? it would be cynical if big and

agreement on gas transit through bulgaria because one-sided blackmail is not acceptable . the polish president has promised to take legal action but the prime minister is insisting there's no immediate threat saying storage facilities are three-quarters full higher than in most of europe. >> as i've emphasized many times poland had previously prepared to diversify supplies and obtain gas from various sources even before the baltic gas pipeline is launched we'll be able to protect our economy to protect polish households from such a dramatic step by russia some warsaw residents if not all seem reassured this man says shutting down gas supplies might end up harming russia he says his country has reserves while this woman wonders how much polls like her will have to pay for developments linked to the ukraine war saying things are already incredibly expensive the eu's biggest economy germany has been the most reluctant to end gas imports from russia but on wednesday it said it was speeding up efforts to find alternatives including liquefied natural gas. >> i can say that our r

the energy minister of bulgaria says that both between bulgaria and gas problem, so very annoyed by this, saying that the issue is being used as an economic weapon, but telling their own population or his population that the non delivery of gas to bulgaria does not mean the stopping of trends, it of gas transiting through bulk area and the u. institutions are looking at alternative sources. but off the russia, which account to around 2 thirds of you, gas import the net and gets just on the half it's supplied from russia via a pipeline which crosses bella roofs. shield. rob is a specialist on european energy and chief analyst commodities at s e. b. bank, he thinks the poland is ready for this, but the rest of europe may not be. that is why they exit dear or year and the deficit of energy in general and natural gas specific in those order to all the questions on the solutions. and i think rushes em statement here, states very, very specifically. if you don't pay in rubles, you're not going to get any gas. but there are some, ann ruba last remaining ukrainian army positions there with 35 ai

this is expected to have higher gas prices for bulgaria. it's much more difficult situation because bulgaria is dependency on one source is much higher. it's close 90 percent, and for bulgaria, a mean it will mean that they will desperately look for reverse flows from the rest of europe. part of the european solidarity to provide gas supplies to this country on, on the edge. this is going to hurt. definitely russia because there will be no payment . this is a continuous policy of now payment intervals. russia will not require funds from the gas supplies. but is this also a warning charge? the rest of euro, specifically to germany, that is now it's slowly shifting its policy on sanctions, especially sanctions on oil, where poland is able to provide assistance to, to supply oil through special port delivery, you know, and, and, and, and the pipes that will deliver it back to some land in germany, so it can be considered as a, as a strategy of russia to weaponized energy supplies and to hurt your a, but her europe is much more resilience than,

he is cutting off the taps for poland and bulgaria. the question looming over europe, especially germany, is who is next and what are we going to do? right now time is on europe's side in the sense we are getting to the summer months, they don't need as much natural gas, it has been a warm april, february, they have a lot of supplies right now. but putin is essentially getting ahead of what he knows is coming. these are critical months for europe to build up their storage, so they have enough gas when it is cold in october, november, december. this is going to be difficult, which means you are going to see tons of lng from the united states going to europe and other friendly countries. lisa: a lot of people are saying the u.s. is the swing producer, particularly of natural gas and you are seeing shipments climbed to record highs. much has the biden administration supported that, spoken about how important that is to support national security globally? annmarie: they have spoken about this quite a lot, about how the united states is now

bulgaria in particular gets 90% of its gas from russia. the european commission president, ursula von der leyen, says, "don't worry, europe can cope, we can fill this void." can they? well, i think it's always a possibility to reorient imports from different types of providers. the key question though is whether the infrastructure is in place and whether there is capacity in other providers and that is a big uncertain point at this point in time so i think while there is that possibility in theory, reorienting imports, given the magnitude of imports into bulgaria and poland, it's going to be very difficult to replace that and replace that rapidly via other sources given the infrastructure and capacity constraints. and what about where you are in the united states, any impact on gas supplies there? we're not seeing any impact in terms of supplies but we are seeing repercussions in terms of prices. natural gas prices have also risen of late. that is a function of essentially this tension and increase in sanctions that we are seeing in europe

these two contracts, poland bulgaria both expired. this is showing that this is what russia intends to do if contract deadlines arrive and companies have not paid -- country's the page rubles. we are expecting to see reaction from the european union, from germany, the netherlands and italy, as to how they will deal with the situation. whether they will change the approach or facebook to putin and put in place -- face up to putin and put in place -- there will be an impact if we suddenly see a cut off in russian gas supplies, even though the weather isn't cold. tom: bloomberg editor rachel morrison, thank you for getting that dust us up-to-date on that decision for putin to weaponize gas supplies. we will stay in the story, gas prices shooting up as well as oil. the company beating estimates for the first quarter, joining us as nick walker's of the ceo of london energy, -- lundin energy. let's start with this geopolitical story and that decision by putin to cut off poland bulgaria. we focus on the short-term impact, what are the medium

exactly, exactly, that, that's a good point, but bulgaria can get their yes from us over john. now we see that they are signing more long term contracts. acid or john and gas. okay. at, chris says, look at russia and why it's insisting on these rubles payments in the 1st place. i mean, i understand that gas problem already has to sell 80 percent of its foreign currency earnings for russian currency anyway. so why is it insisting on more of these rubel payments? yes, actually just very quickly and was previous speakers said i did the reason why russia has targeted poland and bulgaria is exactly as you said. these are the 2 countries that have been more pro active in looking for alternative sources and making specific arrangements for alternative for gas flies and both countries. where in any case, going to draw russia yes, supplies at the end of the year. so it allows russia, therefore, opportunistically to make a point to, to bessie said to the other countries, we can do the same to, to you even though the volumes will be a lot more significant. and the impact will be a lot big

first lay, why have poland and bulgaria defied russia demands? what we see is that pole in bulgaria are both, most of the most radical planning to diversify its energy in force. so basically what they stated that was there will be no, no rush to call in 2 months time. it will be no russian oil by end of $22.00. and it will be no expense loan. their rush, natural gas congress, which is about to expire. and the majority of natural gas from russia. exactly. exactly, that, that's a good point, but bulgaria can get their yes from us over john. now we see that they are, it's on the moral the found that gas from already has to sell 80 percent of its foreign currency, earnings for russian currency. anyway. so why is it insisting on russia's targeted poles and bulgaria is exactly as you said, these are the 2 countries that have been more pro active in looking for alternative sources, ice at the end of the year. so it allows russia, therefore, opportunistically to make a point to, to bessie said to the other countries. we can do the same to, to you, even t

does not mean the stop the stopping of transit through bulgaria. so obviously a lot of countries are having to reassure their own populations. poland able to say the containers a full to around 75 percent of capacity in the long run. it's unclear what this will mean on the lion. i said the e u is working with member states to try to secure alternative gas supply. and she mentioned to deal struck this year with the united states for liquefied natural gas . but it, some countries like norway, but people are looking to as an alternative to russian impulse. so the norwegian phone var and again on wednesday you had said, but it's producing as much natural gas as it possibly can. at least in the short term, it can't increase its output. as you heard, prices have with an in the last few hours. there's already an energy crisis in europe with consumers pay, seeing that bill is go up dramatically. so there's this worry about gas supplies, but that's not the whole picture. of course, there's the oil supply issue as well. and the you saying that the hopeful bu

they notified both poland and bulgaria in advance about the suspension of the ration. guess if the payment is not made. so this is actually what happened. they were warned, not frat and right. the russian presidents spokesperson also stresses that this decision is russians reaction to numerous unfriendly steps towards more school. you know, that the country's economy has been, he dramatically because of numerous packages of economic sanctions. so, who's black mailing who asked the question, you know, we heard the rhetoric there from the c chief, but there are european states ready to pay for russian gas and rubles absolutely various european politicians and experts claim repeatedly that europe is not capable of given up russian gas, and this is why understanding that many countries have already accepted pain in the way russia once among them, hungary, austria, germany, here is austria and a chancellor explaining that it's items be that we're doing thought the wheel. i mean, the ostrich mineral oil administration stock company accepted the payment term as the german gov

moscow it has already turned off the supply to poland and bulgaria. madeleine albright, late to rest. who came to america and grew up to be the first woman to be u.s. secretary of state. she died last month of cancer at the age of 84. she has been sentenced to a five-year custodial sentence in a trial condemned by the international committee as bogus. this is life in paris. -- this is live from paris. >> thank you very much. russia's has halted gas supplies to bulgaria over a refusal to pay rubles. russia's is meeting for percent of europe's gas needs and they are casting sanctions as an act of economic war. they're called the russian action acceptable in the de was working i court needed response. -- that the you is working on a coordinated response. >> an attempt bthe kremlin to blackmail us. that is the words used by the european president on thursday as she described the decision to cut off gas supplies to poland and bulgaria. >> it is unilaterally stopping gas deliveries to start member -- certain member states is another publication from the,. o

this is a signal both the poland and bulgaria have contracts. we've got from that where in any case, expiring vizier and both countries said they didn't want to renew them. so got from here, russia is sending a signal to other countries, starting with germany about they are rouble, they meant request. i think the biggest threat facing europe now is that he's got fragmentation. he's the risk of certain companies are following the russians indications, while others begin to the point. we should not let russia carry out these divide and rule strategy in europe. we should remain united and ever common european approach to these issue simona tarley, our piano of the brew will institute. thank you for your thoughts. thank you. it is to shanghai now. china's most popular city and commercial hub has been under a strict lockdown for about a month now. residents are only allowed to leave their homes in a few parts of the city. and while the port has been operation, many exports are not leaving shanghai because ford workers and truck drivers would transpor

there is a prices for bulgaria, it's much more difficult situation because bulgaria is depend, see on one source is much higher. it's close 90 percent. and for bulgaria, a mean it will mean that they will desperately look for reverse flows from the rest of europe. part of the european solidarity to provide gas supplies to this country on, on the edge. ok, so who is this going to hurt more poland bulgaria or russia this is going to have supplies. but is this also a warning charge to the rest of euro, specifically to germany? that is now it's slowly shifting its policy on sanctions, especially sanctions on oil, where poland is able to provide assistance to supply oil through special part delivery, you know, enter to weaponized, energy supplies, and to hurt your a. but her europe is much more resilience than, than russia, as expected. one of the political implications, the in poland, especially if this goes on into next winter. well, poland is despite the cut of increasing gas storage, the plans are to continue increase in gas storage. so poland will be secure, will be an element of why

what can you tell us about the timing of that message from bulgaria, deputy minister on behalf of the countries business elite will just to give you a sense. there is no emergency when it comes to immediate gas supplies in bulgaria, despite the fact that russia has stopped those supplies. but to give you a sense of how problematic it could be in 2020, almost 3 quarters of all of the gas that the country in port it came from russia. so this is a big deal, at least in the long term. now there is that pressure, mounting politically for the government to try and reverse this decision to acquiesce to that demand from russia to pay for the gas in rubles, rather than in euro's or dollars as it was paid for previously in the long term bulgaria can. of course, look to get deals elsewhere, but right now, immediately it has to work out what's going to happen or it could see severe economic blows to the country. and that is something that is concerning, not just the politicians, but people on the streets of sofia. lisa to know, well, i think it will be extremely bad for us, but what i'm waiting f

so we will not allow to bring war to bulgaria. europe. i came here because i'm bulgarian and i insist bulgaria to be neutral, but i always did, and i always will. and we must not deliver weapons nor directly or indirectly by poland, romania or other country. and it's not just in bulgaria that those anti war protests were taking place. also in turin, in italy, demonstrate is gathered outside an event where the prime minister murderer druggie was there to sign a what's now called the new pact, foot 2. or you could see the aerospace industry and becoming dominant industry in that area. but the protest is a concern that what this will actually mean is that to and will become essentially a factory for making military material full nato. another cruise could also be used in a war drug is here to finish off italian society. what remains of it. he is the latest of our butcher is already leading as towards war. the other big issue that is hating people across europe is price rises. we saw in athens, greece around 10000 individuals taking to the st

both poland and bulgaria are not receiving gas from their you neighbors. it's true, just after russia closed its taps, germany's gas flow to pull into increased by 5 times. looks like they didn't really need russian gas after. all right? not so fast. germany, bies, over half of its natural gas from russia. those supplies then travel through the m all pipeline, which also crosses through poland. now to provide war. so with the gas it needs berlin is reversed flowing, that same gas along the same pipeline at a higher price. it should be noted that according to the available data, there was a physical reverse of gas from germany to poland and apparently to ukraine in the amount of 3 to 5000000 cubic meters per day. so the only thing different here really is that warsaw has to buy russian gas at a premium to save face. and that's no small energy bill, just for warsaw to say it's stuck to moscow. russia used to supply poland with half of the countries total consumption. but with poland now buying russian gas through a 3rd party, warsaw seems to think it's turne

russia is set to counsel gas supplies to russia and bulgaria -- cancel gas supplies to poland and bulgaria. haidi: equity futures are firmly in the red after that very week lead from wall street overnight. australia, expecting the cpi rate to come in above 4%. does that accelerate calls for a super site hike from the rba. sydney futures are down 1%. we will get to the start of cash trading in about one hour. . that is bringing the total losses for futures so far this week more than 5% over the past four days. 10-year yield holding steady at this point. new zealand see a downside, pretty bearish forecast when it comes to the property market there. we are watching some of the developers that might be exposed. and we are watching dollar china, as we continue to see the dollar strength within the g10 space. the euro is falling to that five-year low, looking for potentially more capitulation to come. the role of the declining yuan that plays into that as well. we are watching dollar-again as the boj kicks off its policy meeting. no change expected it its policy settings overall, but we have see

bulgaria is in a much tougher situation. it depends on russia for far more its energy supply, so it might have some difficult choices to make. the bulgarian government has also indicated that it's not going to announce shortages or rations any time soon but i think this absolutely is an issue for europeans to consider before the end of the year. it plans on ending its dependence on russian energy but that dependence can't be ended quite as simply as political rhetoric might indicate. the united nations secretary—general, antonio guterres, has said his organisation is prepared to evacuate civilians stranded in the besieged city of mariupol in ukraine. speaking during a visit to moscow, mr guterres said thousands of civilians there are in dire need of lifesaving humanitarian assistance. it's been one week since russian forces allowed a humanitarian corridor out of mariupol in southern ukraine. our correspondent catherine byaruhanga is in the town of zaporizhzhia, where she's been speaking to families who crossed enemy lines

i think of poland on and bulgaria, you mentioned germany just now. i think the timing of this move is significant. just yesterday, germany announced that they would be us supplying for the 1st time, heavy military equipment to ukraine, and germany is a very important client when it comes to gas for russia. i think this is a clear warning to other e u countries and it's kind of rush and put in taking control of the narrative against the backdrop, of course, of the e. u threatening a gas and oil embargo against russia. emily, so in that thank you very much, emily and as emily, as just mentioned in somewhat of a u turn and policy, germany says it now will sent heavy weapons to ukraine to help fight off rushes. invasion at the u. s. lead meeting of defense and military leaders. on tuesday, german defense minister, christina lambert, said germany would supply 50 of its depart, anti aircraft systems, also known as cheaters. the decision follows weeks of internal strife and sharp international criticism. regarding berlin's previous reluctance to sent at the

state energy giant gazprom had shut off gas supplies to poland and bulgaria, an escalation condemned across europe. the european union has accused russia of using gas as an instrument of blackmail. it said that was unjustified and unacceptable. but russia is unrepentant. in fact, the speaker of parliament here said, "good, let's cut off the gas now to all countries who are hostile to russia." talking of hostile... ..russia continued to attack ukraine. here, with cruise missiles. there are russians who oppose this operation, but public protest is dangerous. sasha skochilenko knows that. she has been charged with spreading fake news about the russian army. she is accused of replacing supermarket price tags with anti—war messages. for that, she faces up to ten years in prison. sonia, her partner, believes it is a case that says so much about russia. translation: what this tells us is that freedom of speech - in our country is being stamped out, political repression has got worse, and that people who are against the war are being persecuted and put in prison. what those in power here d

bulgaria is in a much tougher situation. it depends on russia for far more its energy supply, it depends on russia for far more of its energy supply, so it might have some difficult choices to make. the bulgarian government has also indicated that it's not going to announce shortages or rations any time soon but i think this absolutely is an issue for europeans to consider before the end of the year. it plans on ending its dependence on russian energy but that dependence can't be ended quite as simply as political rhetoric might indicate. gregory, can the consumers expect this to be an expensive war for them? are they going to be brunting the cost of a lack of gas? we've already been warned the cost of wheat—based products are going to go up and that's not the end of it, is it? absolutely. i think high prices, the kinds of high prices we've seen for energy products in the last several months certainly aren't going anywhere, particularly not for europe, for long as the war continues. so the cost for consumers will be consid

no gas for poland and bulgaria until they pay for their imports in roubles. as russia turns off, the caps, the commission chief slams mouth goes decision as unjustified and unacceptable. the broadcasting lab direct from studios in moscow. this is our international. i'm john thomas. certainly glad to have you with us. now we start with the latest on the war in ukraine, a series of explosions have been reported in the city of had a son in the south of ukraine, as a local tv tower was allegedly hit by an air strike, a videos posted on social networks show a massive blasts and the remnants of projectiles report said that the attack came from positions held by the ukrainian armed forces. an air defense system was immediately engaged and the tower didn't suffer a critical damage. some residents said, rushing tv channels in the city were off air as a result of the strike, but the broadcasts are now said to have been restored. there was no immediate comment from kia on the matter. meanwhile, let me put in, says moscow will retaliate quickly and decisively to any outs

bulgaria, a different story. do you think this russia strategy will then -- poland and bulgaria are one thing germany, france, spain, they're a different story. do you think russia will extend this to other nations? >> i think this is the first shot from russia back at the west of course, starting from poland and bulgaria poland has 75% they have twice as high the level at this time of the year and has energy imports they've been running -- and they also have two pipelines coming up from lone place in may and another in october but germany and italy, they rely highly on russian gas and those companies -- actually germany -- have not really much option to go with other source of supply so it comes to paying in rubles, it's really -- negotiating with gazprom. they usually come at different times, and also the requirements that gazprom with russia, that is -- you open a separate account at gazprom bank. in practice, it's doable. >> i just wonder, though, how long these prices, like i said, they're paying 106 per eur

russia has cut off gas supplies to poland and bulgaria. in a statement, the state energy giant gazprom says it has completely stopped gas deliveries to both countries. it comes after russia demanded payments in its own currency, the rouble, which both poland and bulgaria refused to do. both receive a large amount of their gas from russia — but they insist they will be able to cope without russian gas, which is a major source of income for the kremlin. andrew plant has more. ukrainian armoured vehicles heading towards the front line. donbas in eastern ukraine, where russian bombing is increasing by the day. russia, fighting notjust ukrainian resistance but pushing back now against countries helping ukraine, from today cutting off its gas supplies to poland and bulgaria retaliation for sanctions imposed on russian companies. translation: we have received threats from the russian - federation, from gazprom. poland had previously prepared to diversify gas supplies. we will be able to protect our economy, protect households and poles against

they notified both poland and bulgaria in advance about the suspension of the ration. guess if the payment is not made. so this is actually what happened. they were warned, not frat and right. the russian presidents spokesperson also stresses that this decision is rush reaction to numerous unfriendly step stores. morsbow, you know, that the country's economy has been heed dramatically because of numerous packages of extinction. so who's black mainly? who does the question? real ready? seeing, of course, a huge cost of living crisis in europe. is there a disconnect between what officials and seeing how people are actually dealing on a day to day basis is going to make the, the current situation worse. while europe is dependent on russian energy and of course, given adopt would fail immediately. and everybody knew that, and everybody was aware about the consequences and they have been talking about that. now we see that the market is in turbulence. clearly european gas prices rose by as much as a fees. but a sad thing is that ordinary people are those paying the highest

so fence of in ukraine also coming up on the program, no gas for poland on bulgaria until they pay for their imports in roubles. that's russia. turns off it's up to you commission chief slums. the decision as on, justified on except with the u. s. continues to send thousands of its weapons to ukraine. some defense contractors are warning up shortage is a hedge, as they clock off, huge profits with from moscow to the world. this is our t, thanks for choosing us for global news update today i'm anoo. russia will retaliate lightening fast decisively to any outside interference targeting it's ongoing military operation in ukraine. botswana latimer put into a russian legislators today during a working trip to st. petersburg is list auto was limited. so if someone from outside decide to interfere in the ongoing operation and will post strategic threats unacceptable to russia, they should know that our response will follow at a lightening speed. we have all the tools which no one else can now boast. ult. i'd like to stress that all the toss of our military operation in don't bus and ukraine w

gazprom announced this morning it would cut supplies to poland and bulgaria. both countries have refused to pay in roubles. not that the polish prime minister was concerned. his country, he said, was ready to cut itself off from russian energy. translation: our gas storages are 7696 full. | this is a high level. much higher than in most european countries. vladimir putin knows many other european countries — germany, in particular — rely on his energy supplies, but he needs their custom. in january alone, it's estimated that what he calls "unfriendly countries", most of europe, paid russia $6 billion for gas. and that's why, even though he's demanded countries pay in roubles, the reality is more complex. they can pay in euros or dollars, but only if they open russian bank accounts, which then exchange the currency, then make the final payment. it's believed, though not confirmed, that some european countries have opened those accounts. a few very big, key contracts are expiring. the german and italian, as i said so often, and some others. in end of may, du

russia will halt gas supplies to poland and bulgaria from today, as the two countries refuse to pay for the gas in rubles. alphabet, the parent company of google, posts weak results as advertising sales and youtube disapoints. and, how the war in ukraine has created a shortage of cooking oil leading to rationing in shops. the economic stand—off between russia and the west ratcheted up further today. the russian gas supplier gazprom told poland and bulgaria it was cutting off their gas supplies altogether from wednesday. gazprom has said what it calls "unfriendly" countries must pay for russian gas in roubles from now on. that's something eu states are refusing to do. joining me now is sunaina sinha haldea, global head of private capital at raymond james. of private capital what at raymond james. impact is this going to both what impact is this going to both countries are seeing the impact will be manageable. it is spring heading into summer, and demand from consumers and their countries is lower. this is a example of russia trying to happen as natural gas and oil supplies while it can

russia turns off gas supplies to poland and bulgaria for their support of ukraine. the you described blackmail. president putin says russia will respond to any country that tries to interfere in the war in ukraine. russian authorities have released trevor reed, former u.s. marine as a prisoner swap. he had been detained since 2019. in the opinion city of marty ball -- mariupol, bombardment. we hear stories of those who have the wind -- have escaped. a special report from the site. in the democratic republic of congo, and urgent campaign is underway to vaccinate peoe against ebola amid outbreak. very few have even got a covid job. the latest. and with weeks to go into the philippines hold an election, the front runner for president is the former dictator's son. ♪ laura: welcome to world news america on pbs and around the globe. russian president putin has warned moscow will respond to any country trying to interfere in the war in ukraine. speaking to lawmakers in st. petersburg, pugin said he had all of the tools to respond and had chosen his likely approach. durin

, . , ., bulgaria? it is a full-blown economic _ bulgaria? it is a full-blown economic war. _ bulgaria? it is a full-blown economic war. russia - bulgaria? it is a full-blown economic war. russia is i bulgaria? it is a full-blown| economic war. russia is not bulgaria? it is a full-blown i economic war. russia is not a reliable supplier any more. this perception over forever. and reliable supplier any more. this perception overforever. and it reliable supplier any more. this perception over forever. and it does just leverage to push the west. remember too thousand and six and 2009, two big gas crisis here. russia is now applying what you did there, just imagine stop it as a kind of idea that bulgaria and poland would get transit gas out of the pump light. so the lesson to be drawn is very simple, get out of russian gas as soon as possible. it is a real threat to your security and fundamental interest. yesterday we saw the big _ and fundamental interest. yesterday we saw the big conference _ and fundamental interest. yesterday we saw the big co

the move has raised concerns supplies could also be halted in bulgaria. neither of the nations have complied with a demand from ross's president vladimir putin to start paying for deliveries in roubles several other nations, including germany, are also yet to comply and are heavily reliant on russian gas. the development comes less than 24 hours after un secretary general antonia wood terrace, met putin. in the kremlin, steerber correspondent rebecca router is in tears and joins me now from barrow becker. how did ukrainians react to the good terrace? put in a meeting as it raised any hopes? well as a me too much reaction to that meeting so far, and i think, you know, you couldn't even call it cautious optimism at this stage. but you, there was some good news if you can call it that to come out of that meeting. some positive signs. a good hair saying that the you and would be willing to go in and assist in a humanitarian evacuation of those soldiers and civilians. and potent, at least in practice, agreeing to such a thing. but you know, everyone's waiting

the you accuses russia of blackmail after moscow stops natural gas supplies to poland and bulgaria threatened to cut off other countries. ah, i'm carry johnston. this is al jazeera life and also coming ukraine says the siege of maria pole is a humanitarian catastrophe. more than 3000 soldiers and civilians besieged by russian forces. russia and the u. s. exchange prisoners despite hostile relations due to the ukraine. as an american marine swapped for russian plus the largest exodus of cubans this century is taking place. i'm lucy and human in havana, cuba coming up, i'll explain why and how after cutting off natural gas to bulgaria and poland, russia is threatening to do the same to more you nation's, the escalation in economic hostilities over the ukraine war follows a refusal by both countries to use moscow's payment system for supplies to convert euro to roubles, the u is accusing the crumbling of blackmail nadine baba reports it had been predicted by some feared by many more european leaders see russia's move to hold gas supplies to poland and bulgaria because they won't pay in roubles a

ukraine and calls on western nations to pay more attention to problems in asia, no gas for poland and bulgaria until they pay for their imports in roubles. as russia turns off, the jobs, the commission chief slammed the decision as unjustified and unacceptable. and as the u. s. a continues to send thousands of its weapons to ukraine, some defense contractors or warning of shortages. but that's as they clock up, huge profits. the broadcasting wide from our studios in moscow. this is our international john thomas . certainly glad to have you with us. now we start with the latest on the war in ukraine. a series of explosions have been reported in the city of a set of sun in the south of ukraine. as the local tv tower was allegedly hit by an air strike. the videos posted on social networks show massive glass and the remnants of projectiles. reports said the attack came from positions held by the armed forces and air defense system was immediately engaged and the tower didn't suffer critical damage. some resident said, rushing tv channels in the city were off the air as a result of the strike. but

that, that's a good point, but bulgaria can get their yes from us over john. now we see that they are, it's on the more long term contracts with john and gas. okay. a chris says, look at russia and why it's insisting on these rubles payments in the 1st place. i mean, i under more of these rubel payments. yes, actually just very quickly on with previous speakers said that the reason why russia has targeted poses of bulgaria is exactly as you said. these are 2 countries that have been more pro active in looking for alternative sources. volumes will be a lot more significant and the impact will be a lot bigger because other countries, like germany, is the et cetera, have not made these arrangement because they're not possible. but as to why now it's look, it's partly, this is something that president putin under government have talked about for a very long time. more than 10 years to do is to put in place, which requires, for example, a customer in europe to pay still be able to pay dollars, who euros, but now into a bank account in gas from bank in order to make

especially after we learned russia is cutting off gas to poland and bulgaria. what does it mean for your european clients if we enter recession in europe? >> we are in a sector wherein it is not saturated. companies are not going to stop doing business. most of the companies asked to build a portfolio in the future. new architecture, new solutions. this is where the system is. investments are happening. we are doing breakthroughs -- francine: which is incredible. >> when you think about the vaccine. we will have the same thing for oncology soon. francine: how ambitious are you in the medical field? if you put a big bet on health data, how much bigger can this grow? >> as big as the business we have been doing in manufacturing. we see that is almost on par on a longer-term. the production is there. on the medical sector, it was really in terms of digitalization even in the medical practices. we are doing surgery on living heart. so welcome to the new century. dani: where else do you want to grow if it is so important to the new business? >> it is so big. tech in

gary in businessmen paid for told, with russia, gals prom 2 days off the most, go stop applying gas to bulgaria over the countries were phases of pay and variables we have from locals who are bearing the brunt of the backlash. so i expect it to have a catastrophic effect. prices will grow up more. that's the way it will be. i think it will be extremely bad for us, but what i'm waiting for is the government to resign because we cannot expect anything good from the current. one. us plans to seize russian assets to funds here . war efforts but maintains, of freeze on the afghan money despite the un warning, the millions in the country face salvation. i'm one of the one that goes on, which is horrible. you have read one day and the other day, you don't, this is all because of the americans were wandering around, were broken to you guys have witnessed all these recent events, how the americans made our lives miserable. and today we are paying the price of their bad policies and plans, plus new video with to $911.00 hijackers partying with the saudi national. with the legend ties to reality, intellig

no gas for poland on bulgaria until they pay for their imports. and rubles, russia turns off at tops, but the commission chief slums, the decision as on just the unacceptable model to head on the program, the russian foreign ministry, sage nato countries are contin competing to supply more lethal weapons to key while claiming they want peace on the seas far or gas for their thoughts on in the united states are not calling for peace. resolution of these prompts and diverse, we do not want to war 2. and what the united states is doing is going to provoke russia. ah. across the globe around the clock, this is your are to measure the have your company today. my name is you don't know me. russia will retaliates immediately on this sy sibley to any outside interference in it's ongoing military operation in ukraine. babe's want vladimir putin as to a russian legislators today during a working trip to st. petersburg. leftovers named me to someone from our side to side for interfere and the ongoing operation, and will post strategic threats unacceptable to