eu is to step up its game. at the same time, there is this question of who is targeted by sanctions. if we have not a gas embargo, will that hurt the eu more than putin? if we target oil, can keep not sell this oil to asian countries and a at her price? germany has been at the forefront of this criticism with people pointing finge, but it is certainly not just germany, but also other countries that are dependent on russian gas that are hesitant to cut this gas supply. the eu is in a conundrum of how far it can go in termsf sanctioning russia, not providing money to the regime, but not hurting its own population. >> -- has won a high court copyright battle over his 2017 hit. a judge ruled wednesday that he had not plagiarized the 2015 song. on the left, is a grime artist who claimed that the line in the other man's track was similar to a wide refrain in his own track. here are the refrains played back-to-back. ♪ ♪ edit sharon's view was the uk's best selling song of 2017. after the ruling, he posted a video

marine le pen's views of the eu have evolved _ the eu. marine le pen's views of the eu have evolved over— the eu. marine le pen's views of the eu have evolved over the _ the eu. marine le pen's views of the eu have evolved over the years, - the eu. marine le pen's views of the eu have evolved over the years, so i eu have evolved over the years, so it is difficult to predict what she would do if elected president. that being said, she is arguing in a form of freedom of movement within the eu, she says it should only apply to eu, she says it should only apply to eu citizens. that is difficult to do, it would require treaty change, and then do you put boarders in every country to make sure everyone who comes through as an eu citizen? she also wants to pull fans out of the electricity market, again very difficult to do, and then she is arguing for other measures such as a loosening of the eu's power, she wants to make sure that french law has supremacy over eu law, so these are all in theory sounding quite easy to do but in practice much ha

as the eu in a osition order to pay is. as the eu in a position to — order to pay is. as the eu in a position to step _ order to pay is. as the eu in a position to step in _ order to pay is. as the eu in a position to step in for- order to pay is. as the eu in a position to step in for what. position to step in for what will be a growing number of countries on this list?- will be a growing number of countries on this list? that is the -e countries on this list? that is the type part _ countries on this list? that is the type part the _ countries on this list? that is the type part the eu - countries on this list? that is the type part the eu is - countries on this list? that is the type part the eu is so - the type part the eu is so dependent on russian gas imports, 40% of gases delivered by rush into a high extent some of those eastern european countries, germany, italy and some others, finding gas to report that on a short—term basis can be done with storage, from a longer term point of view getting access to another source of gas is very challenging and reflected

eu ports. meanwhile in the us the biden administration is expected to unveil more sanctions targeting russian financial institutions as well as kremlin officials and their family members. the measures will also ban all new investment in russia and state—owned enterprises. our north america business correspondent michelle fleury has the latest from new york. an announcement may come as early as this wednesday, and coordination with european allies and g7 members. on tuesday, the european union proposed a ban on all russian coal imports. it still needs the approval of all 27 members of the bloc�*s member states. it added that it was working on banning russian oil, as well. now, the new sanctions follow a change of course by the us treasury, which on monday said it would stop russia from making debt payments in dollars through american banks. the decision aimed at pushing moscow closer to default or, at the very least, forcing them to make other hard economic choices. up until now the us had a

hungary risks losing vital eu funding because it's politics are not compatible with the eu standards. political campaigning by hologram, spreading the far left word in person and virtually in 3d in cities across france. you have the latest from the campaign trail. this live from paris. ♪ thank you for being with us. president zelenskyy has accused russia of atrocities in ukraine and told the united nations that those responsible should be brought up on war crimes charges in front of a tribunal such as the one in germany after world war ii. he appeared via video from ukraine and told members civilians had been shot in the back of the head after being tortured, blown up with grenades in their apartments, and crushed to death in tanks while in cars. he told the serity council that the revelations will not be the worst nor the last. >> [speaking in foreign language] translator: now the world can see with the russian military did in bucha while keeping the city under their occupation. the world has yet to see what they have done in other occupied cities and regions in our country. the ge

and significantly more on the eu than on russia, so that gives eu leaders some leverage going into these talks. back to you. >> yeah, it was a relationship that knew no limits i think around winter olympics. now has no ceiling. christy, thank you, kristie lu stout live for us in hong kong. appreciate that. i will have more from lviv at the top of the hour but first let's to michael holmes in atlanta. >> good to see you, john. thanks for that. we will take a quick break here on the program. when we come back, some of the measures president vladimir putin is taking to bolster russian troops in ukraine with the conflict now in its fifth week. >>> plus, a standoff over gas between russia and europe. how the eu is responding to moscow's demand for payment in rubles. we'll be right back. we're a different kind of dentistry. one who believes in doing anything it takes to make dentistry work for your life. so we offer a complete exam and x-rays free to new patients without insurance - everyday. plus, patients get 20% off their treatment plan. we'rere on your corner and in your corner every step

and continuity of its eu policy. we hope the eu conform its perception of china, adopt an independent china policy, and work with us for the study and sustained development of china-eu relations. >> russia's war has brought the eu closer together and shown how far away other powers, such as china, or on foreign policy. >> for more on the summit, we go to brussels. our correspondent has been covering this. good evening to you. the question is has the eu succeeded in getting china to commit to not helping russia in its war against ukraine? >> no. the eu was able to make its case during this summit, but it got no concrete answers from president xi in beijing. they said that china should join the eu on sanctions on russia, the aggressor, or at least not circumvent them, but xi made a counter proposal, saying the eu should detach from their close ally, the united states, and judge china more independently, so no progress here. china is leaning towards russia that's clear -- russia. that's clear. >> china's state broadcast

ukraine as a candidate state, so things are happening on the eu, the eu front but it will take a long time, but in terms...- time, but in terms... briefly, aren't there _ time, but in terms... briefly, aren't there financial- time, but in terms... briefly, - aren't there financial transparency criteria involved here as well? yes. criteria involved here as well? yes, the are criteria involved here as well? yes, they are and _ criteria involved here as well? yes, they are and it _ criteria involved here as well? yes, they are and it is _ criteria involved here as well? yes, they are and it is unlikely _ criteria involved here as well? lei: they are and it is unlikely that eu will take any short cuts, the rule of lock and democracy are important and the eu is unlikely to take short cuts when it comes to standards because there a lot of countries in the waiting room and the eu would not like to fast track ukraine, having said that, there is a lot of recognition with what has been happening in ukraine, that ukraine needs this symbolic acknowledgement of being a european country, but the co

withoutjoining nato i'm not convinced that the eu in of itself, tripped _ convinced that the eu in of itself, tripped on— convinced that the eu in of itself, tripped on the ground, that's a whole — tripped on the ground, that's a whole other negotiation a very delicate — whole other negotiation a very delicate negotiation. whether things -et delicate negotiation. whether things get escalated by such a move russia has the _ get escalated by such a move russia has the nuclear deterrent, it certainly— has the nuclear deterrent, it certainly something that shouldn't be a surprise, that ukraine wants as much _ be a surprise, that ukraine wants as much extra — be a surprise, that ukraine wants as much extra security as it can get. i guess— much extra security as it can get. i guess we _ much extra security as it can get. i guess we will see now as this progresses exactly what the detail is, exactly what it does mean and how serious— is, exactly what it does mean and how serious some of the countries in the eu _ how serious some of the countries in the eu have — how serious s

i think the question from the eu side is whether the eu can persuade china to play a more active role. in negotiations towards peace in china has done so far. is china in a position to stop the war in ukraine? i is china in a position to stop the war in ukraine?- the war in ukraine? i think china probably _ the war in ukraine? i think china probably is - the war in ukraine? i think china probably is not. - the war in ukraine? i think china probably is not. a i the war in ukraine? i think| china probably is not. a lot the war in ukraine? i think. china probably is not. a lot of people in the west think china has a huge influence over russia. it is probably russia's most important partner in many respects but it is a two—way relationship and china also needs russia, especially when you look further out to the future. the next 20 or 30 years, in a world where, from china's perspective, the us alliance is going to dominate in china needs all counterbalancing partners it can get in that kind of world. how likely do you think this summit will be in making china lean towards the west in ge

so basically eu law would not even or would not anymore be applied in eu members or in france, which basically means you're just in a loose grouping of states that doesn't have any regulatory power. and that is also what makes the core of the european union union. from a broader perspective, this le pen victory would be very bad news for europe because any deeper integration project would immediately be ended or would just not be pursued. and particularly in the foreign and security policy, that would be extremely complicated, because you always need unanimity among member states to pursue projects here. so if there is a french wait on anything the recent geopolitical awakening of the eu that we have just seen would have been a short momentum that would unfortunately only make it to history books. muhammad: hamid i want to ask you something that jacques was mentioning, he was saying that the candidacy of eric zamore essentially makes marine le pen look more relatable or perhaps more palatable to voters. eric zimmer is somebody who's twice been convicted for inciting racial or religio

i believe the eu should respect that. so yes, i want to overhaul the european union from the inside. mr. macron, i didn't think that you would believe in a conspiracy theory. >> interesting thought from you. >> if i wish to exit the eu, i would say it. i don't. >> so 80% of your platform has changed. a good thing. 80% of your platform five years ago only applicable without a euro. changing the club by yourself, reducing your dues, well, at their everyone will chip in and follow or you just will go solo. it looks like you are suggesting going solo. also, according to your program, you still want lines with russia, interesting. you mentioned the chicken. can i mentioned that france did oppose an clash -- and clash, simply because of the merit clause? when we ask something of our farmers, we want something to be done by their own farmers. which is why we stalled the negotiations. there was no commitment to the paris commitment. to biodiversity. we managed to fight against imported deforestation. set about dropping production

or the ban on russian ships using eu ports. you need eu anonymity, you know that among the states. she might back france out of that and therefore destroy eu's ability to do any of those things against russia. today in greece, a big russian oil tanker apparently had to dock in a greek port. it didn't seem to be aimed at that port in the first place. apparently, the tanker had engine trouble and got caught out in the rough seas and had to dock in greece. and greececk is an eu member country. and russian vessels are banned fromve docking in eu member por. greek officials seized the tanker and its russian crew. because the sanctions against russia say they cannot be at an eu port. we'll see what happens there. nbc news is first to report today that president biden has approved another large shipment ofpr weapons, particularly, hea artillery to go to ukraine. it was pretty big news late last week, when our government said they'd ship more than $800 million worth of helicopters and howitzers and drones and armored artillery and more. to get more than $800 million of that shipment approv

you need eu unanimity, any consensus among the eu states order to enforce those things. she is just as likely as you might expect to back france out of that and thereby destroy the eu's ability to any of the things against russia. today in greece, a big russian oil tanker apparently had to dock in a greek port. it didn't seem to have been aimed at the port in the first place but apparently the tanker had some engine trouble and then it got caught out in rough seas and it had to dock at the nearest port, which was in greece. and greece is an eu member country and russian officials are banned from docking in eu member ports. greek officials seized the tanker and its russian crew because the sanctions against russia say that they cannot be at an eu port. we'll see what happens there. nbc news was first reported that president biden has approved another large shipment of weapons, particularly heavy artillery, to go to ukraine. pretty big news late last week when our government sundays ship more than $800 million worth of helicopters and howitzers and drones and artillery she

remember there are nations within the eu, like - are nations within the eu, like hungary, _ are nations within the eu, like hungary, which are quite abominably supporting _ hungary, which are quite abominably supporting everything putin is doing — supporting everything putin is doing. and in a way you have to see this as _ doing. and in a way you have to see this as a _ doing. and in a way you have to see this as a kind — doing. and in a way you have to see this as a kind of huge conflict between _ this as a kind of huge conflict between liberal democracies and its values _ between liberal democracies and its values and — between liberal democracies and its values and those who espouse far more _ values and those who espouse far more dictatorial intolerant oppressive politics. so, i hope, i really— oppressive politics. so, i hope, i really hope — oppressive politics. so, i hope, i really hope that the eu takes action against _ really hope that the eu takes action against hungary, particularly, since the president won the election. i think— the president won the election. i t

, , �* .,~ , . anti-eu. it doesn't take very much for political _ anti-eu. it doesn't take very much for political disquiet _ anti-eu. it doesn't take very much for political disquiet in _ anti-eu. it doesn't take very much for political disquiet in france - anti-eu. it doesn't take very much for political disquiet in france to l for political disquiet in france to take to the streets, is there a fear that after the post—pandemic spending and with pension reform and everything else, emmanuel macron really has quite a bumpy ride ahead if he does get through the second round? , ~ ., , round? yes, i think that is certainly _ round? yes, i think that is certainly true _ round? yes, i think that is certainly true and - round? yes, i think that is| certainly true and probably round? yes, i think that is - certainly true and probably notjust of france but a lot of european leaders have been scrambling, basically, to deal with a range of issues, principally the cost of living crisis, energy prices rocketing up. we

the eu's economic commissioner slammed the move as blackmail. germany, france, the uk, all refusing to honor this new because existing contracts stipulate payment in euros or dollars. here is the german chancellor. >> translator: we have looked at the contracts for the gas supplies and other supplies and in these, it says that the payments will be in euros, sometimes tin dollars but usualy euros and i made it clear in the conversation the russian president this will remain the case. >> the eu relies on russia for about 40% of its natural gas. if moscow suddenly shuts down the pipelines, it will be a huge economic shock. with us now from stanford university is katherine stoner, she is director of the center of democracy development and the rule of law. and, katherine, welcome back. it's good to see you. we heard from vladimir putin on thursday speaking about why he believes russia has been targeted with international sanctions. listen to this. >> translator: these are sanctions to punish us for our right to be free, independent. for our right to

this is a problem for the whole of the eu and the response will be united. the president of the european commission accused pressure on twitter of attempting to blackmail the eu with gas. germany's economy minister said berlin needs to make sure it learns from the crisis. it would be cynical if big and powerful germany thought you can beat up the little guys a little bit. that is a warning for you. this is reality. this is the reality where energy is used as a weapon and we have to make sure we are not defenseless when energy is used as a weapon. we need to diversify our energy infrastructure accordingly and focus our energy infrastructure around renewable energy and massive savings so that we are not defenseless. meanwhile, russia could decide to cool down relations even further. it has stated that gas shut off to other eu countries could be in the pipeline. >> earlier i spoke with our political correspondent and asked how russia's actions are being received in germany. >> it is being received with concern. they emphasized how seriously the german governmen

how does the eu balance that? ., , . ., , ., energy. how does the eu balance that? ., _ ., , ., ., that? that is certainly a point of criticism and _ that? that is certainly a point of criticism and brussels _ that? that is certainly a point of criticism and brussels that - that? that is certainly a point of criticism and brussels that we . that? that is certainly a point of i criticism and brussels that we are hearing the people's party. the conservative group, criticising the eve for that. that the eu has to step up the game. but there is this question here of who is actually targeted by the sanctions, if we have a gas embargo, will that hurt you potentially more than it will hurt vladimir putin if we target oil, can you not sell this oil to asian countries at a better price? and so, there's some hesitancy here in brussels and germany has been particularly at the forefront of this criticism essentially with people pointing fingers at it and it's certainly notjust germany, but other countries that are dependent on russian gas. and they're very hesitant to cut this

eu sanctions target russian revenues for the first time. u.s. stocks rebound as traders way commentary from the fed. futures at the moment muted in the early trading session in asia. we have seen more stability in the markets and traders digesting the fed minutes yesterday. a lot of fed speak today, that cast a shower -- shadow over the market the 10-year and 30 year yield rising. crude prices at the moment in asia rebounding still below the $100 level. given the strategic release of oil not to mention the covid outbreak in china. look at the dollar because this chart is now showing how it has been gaining ground for the past six sessions. we are seeing leverage funds increasing their bets that the dollar will continue to rise. haidi: the dollar strength is weighing on the aussie dollar as well. it has been trading so strongly the past few sessions. the dollar strength is pushing it down below 75 u.s. cents. we are also sing the weakness when it comes to the kiwi dollar. we are seeing are pretty flat start to trading this morning. we're looking

responses but the eu is seen playing a key role in terms of sanctions. you haven't yet given zelenskyy all that he wants, particularly in terms of oil sanctions. how far are you going to be able to go, do you think? how difficult are those negotiations? >> first of all, the eu is also coordinating the military assistance and coordinating weapons deliveries exactly according to ukrainian requests with the additional half a billion euro allocated last week. the work on the sixth package of sanctions has started and we will be part of the discussions. definitely. >> are you going to be able to give them the sanctions on oil, for example? >> as to the european commission, the eu executive started working on the next package and oil will be part of this package. it will then have to be decided by the eu member embassies but this process has started. >> what are the challenges you're facing in getting military equipment out to the east and part of the region? it's obviously much more difficult than reaching the kyiv region where it was focused before? >> it is

is not the whole story, the eu moving forward. it is much more reactive towards the rate of inflation of the next few months. if we see appreciation rights, we could considerably say flattening, we could see stocks rally again. manus: saed abukarsh senior, coming up, japan manus: this is global news 24 hours a day, on-air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. mounting pressures of the eu -- the u.s. congress turns the nation into a trade pariah. sharply higher, bullard warns the fed may be behind the curve, wanting rates at 3% or more this year. the home stretch of francis presidential erect -- election. micron's leader -- lead over the pen narrowing. one of for many is a supply shock to metals. at least that is the call from goldman sachs, who pointed to low inventory and copper. we have that across the middle space, the lme at their lowest inventory. with another short squeeze in the way. manus: it is a thing of beauty. almost picasso. these are the six main co

{lilia managed by the west, together with the uk and the eu.— the uk and the eu. 0k, andriy. we have a question _ the uk and the eu. 0k, andriy. we have a question from _ the uk and the eu. 0k, andriy. we have a question from someone - the uk and the eu. 0k, andriy. we have a question from someone in l have a question from someone in paris about the impact on civilian, think we can listen to that question now. 0k, think we can listen to that question now. ok, i think we can listen to that question now. 0k, iam going think we can listen to that question now. ok, i am going to ask you the question, because i think we have a problem in the gallery here, do humanitarian soakses have access to the war zones and can they help people on the ground, first hand. —— associations. yes, so it is, if we talk right now about what is really works, so today, today, everybody can, can help to ukraine, in order to be, to be ready to defend, and to help, to defend our country, so it is, in different issue, it first started in order to help on some concrete projects for example, one of the m

_ in europe, someone who is committed to the eu project and there will of been a _ to the eu project and there will of been a huge amount of relief in brussels — been a huge amount of relief in brussels and other european capitals tonight, _ brussels and other european capitals tonight, there is a risk that unless he can— tonight, there is a risk that unless he can secure some kind of mandate and find _ he can secure some kind of mandate and find a _ he can secure some kind of mandate and find a way through in those assembly— and find a way through in those assembly elections in june, and find a way through in those assembly elections injune, then he could _ assembly elections injune, then he could become really bogged down in his second _ could become really bogged down in his second term. let�*s could become really bogged down in his second term.— his second term. let's go to the front page _ his second term. let's go to the front page of — his second term. let's go to the front page of the _ his second term. let's go to the front page of the guardian - his second term.

the eu is hitting hurdles on new sanctions on russia. for more, brian o'toole, senior fellow at the alanna counsel, joins for more. this agreement -- there's some disagreement in europe as to imports from russia. they are still not touching oil and gas. from amorality standpoint, i can see how it matters. from a military standpoint, do these sanctions make a difference when it comes to the ongoing war? >> it is hard to see them making a difference in the short-term term given that there's not a direct correlation between oil revenues and tax revenue across the border. longer-term, maybe that has some impact, but i would not think it would be hugely material for the russian military, but it is a little bit of anybods guess. oil revenues are massive in russia's budget and it certainly has exposed some weaknesses in their military preparedness and maintenance, failures they've had in ukraine, so maybe this prevents that resupply. >> as you say, the earnings altogether are massive. until we decide that we are going to sanction oil and gas, t

yes, they are talking about one eu diplomat - talking about one eu diplomat warning that any uk legislation breaking international law would be utterly irresponsible. quickly, what do you make of this, do you think this isjust another do you make of this, do you think this is just another political law that downing street might be issuing to try and distract people against certain groups of its supporters on side or do you think it's january is that app and?— that app and? know, it's a good sto . that app and? know, it's a good story- downing _ that app and? know, it's a good story. downing street _ that app and? know, it's a good story. downing street is - that app and? know, it's a good i story. downing street is constantly asked in the lobby but they want to do with the northern ireland protocol and whether they can withdraw. the context of this is probably the bigger story that will come out of this round of elections in may, april elections and the elections of northern ireland because sin fain become the biggest party rather than you and sinn fein minister rather than a do you be fi

the eu plans to ban coal imports. the u.s. blocks russian investment. good morning. we are going to get a helluva velocity when it comes to qt. a very clear, prerecorded message from reinhardt. they are going to go it apace. anything up to $100 billion per month. dani: that would be double the piece that we had last time around. jay powell said, we are going to form a similar playbook to last time. brain already saying it's going to be faster and bigger. omar sharif saying that it could be up to 120 billion. i will up your call from deutsche bank. the balance sheet is twice the size as it was in 2014. manus: of course. we did choke on $50 billion and had to go into rapid reversal. it's a very different economic scenario at the moment. my last guest said you had quantitative tightening. the deutsche bank note is phenomenal. big shout out to valerie who grabbed it. 3.3%. i'm going to be working forever. dani: we want you to work forever. manus: this scale in velocity -- no. no. you don't want me to work forever

the eu is working toward finalizing this package. but as you say, the place that they could really do the most hurt, economic hurt and pain to russia right now, they just don't seem to have the agreement because europe is so dependent, still, on the gas and oil. >> remarkable reality, they're doing business, right, even as putin carries out increasingly aggressive actions in ukraine. jeremy diamond at the white house, nic robertson in brussels, thank you so much. >>> the u.s. is now set to send another $100 million in military aid to ukraine. president biden authorized a drawdown as it is known of javelin anti-tank missiles from u.s. military stocks, so more of those missiles going there and that will then allow those weapons to be shipped to ukraine quickly. >> yeah, joining us now to discuss is retired army general, james "spider" marks. thank you so much for joining us. give us a sense of what this new funding in equipment will do to help bolster ukrainians there fighting back russians? >> well, essentially what it is going to do

it accounts for 40% of the eu's natural gas imports and earlier this month, the eu laid out a strategy to release -- to reduce that reliance but there is pressure for it to go further. on saturday, lithuania announced it stopped imports of russian gas, the president tweeting if we can do it, the rest of europe can do it. but germany says it cannot do it in the short-term. it relies heavily on russian gas and says it caot reach that point medially. create the conditions and steps for an embargo. the federal government and i are convinced this is the right way and is also the way that harms putin on a daily basis. in this sense, we are on the right track and this week will allow us to move in this direction. ros: another important u.n. report on climate change has come out. it says it is now or never to avoid disastrous climate change and we all need to drastically change the way we live. heres one of the authors of the report. >> we are currently on a track for more than two degrees, never mind 1.5 degrees, given that emissions are continuing to rise. what we are trying not to do is sen

so they're hoping the eu stabbeds firm. the eu -- stands firm. the eu has differences of views how strong to go on china and some countries say we should pump the brakes a little bit, and joe biden will be watching this certainly, and it is hoped that he delivers the same message which is that the west is watching and that xi jingping, if they sort of dip the toe into the water of supporting russia, overtly, they're going to face similar reaction as russia. >> so the white house is keenly aware of the rising gas price, the political fallout as well, we heard from the president yesterday, tapping the reserves. but how are officials telling you that he can balance that need to try to keep gas prices down, with his climate initiatives and trying to stay away from more fossil fuels? >> joe biden had four concurrent crises, one is climate change and in the last week he has embraced oil and gas in an unprecedented way for him since the presidency began and he has to, he is doing that because he has to, the price of oil, putin's war is sending shocks th

leader, and indeed, the eu leader who first got into office, earlier than any other eu leaders. it's worth remembering when he was first elected prime minister in 1998, tony blair had only been in office in the uk for about a year at the time. his critics say, of course, he's gone from being a liberal liberal to being one rather hostile to many of the things he once believed in what he campaigned against communism. we will go to opposition headquarters. i would say opposition party but of course, it's not a party, it is an alliance of parties which looks like it is fails to break through. not sure if this is a concession speech by the party candidate to be prime minister, the alliance's candidate to be prime minister, but the position at the moment, with 70% of the votes cast, with the protection of only having 57 seats in a 190 member parliament, is that his brave attempt at dislodging the prime minister viktor 0rban by burying their own differences, this attempt has failed, it would appear to be the case. let me just check one more thing for you. yes, this is in fact the leade

the us and the eu are to impose fresh sanctions on russia. ukraine says russia must pay for what it says are "terrible crimes" translation: after what the world saw in bucha, i sanctions against russia must be commensurate with the gravity of the occupiers�* war crimes. and president zelensky warns of further atrocities in the north that are yet to be fully discovered. under the laws of war, killing civilians and wanton destruction are both crimes unless it can somehow be proved that that was a military target. and we visit the lebanese prison where inmates say the country�*s financial collapse has left them hungry — and living in overcrowded squalour.

usually when you get two eu countries cut off from gas| two eu countries cut off from gas sopply, two eu countries cut off from gas supply, you would see a big market response. but actually the market response. but actually the market response was contained. in fact, especially for the prices paid by energy companies in the uk, the bigger move has been in the past couple of weeks that the record prices that we reported on last month are down to about a third of the level they were last month and below the level when russia invaded ukraine. there had been expectation there is would be a further rise in there is would be a further rise in the average fuel bill by several hundred pounds, given the levels that the international price was at. with these levels we are talking of a few hundred pounds instead. still very material for households suffering, but not the most severe outcome. 0ne suffering, but not the most severe outcome. one of the reasons is that the uk market is flooded with cargoes of liquefied gas coming from mainly america, including along the coast in wales, off—loading

let's talk about the penalties that these eu countries face. how does the situation impact the likelihood of it oil embargoed? >> it's kind of complicated, alex, this is all about the russians trying to overcome the sanctions that the united states and the eu have imposed on them. that's why they're acting for payment for gas in rubles, because it helps the russian economy. gives them some relief from the sanctions. the problem is there are 27 eu companies. they each have their own agendas. they've been trying to speak in one voice and stand together on issues like the sanctions. so, this russians come off gas ailes to two countries, and threatening to do more. that's basically where the lines are drawn here. in terms of penalties, we're talking about various state run, in some cases private energy companies. so many different countries. it gets very complicated as to what's happening. the bottom line is, the united states and the eu want to stay together on this. on sanctions. there's a graph here that will show you that the eu imports about 4

the eu condemning the indiscriminate bombing of civilian areas. israeli police violence as there is a split in the coalition government that could lead to its downfall.

eu officials, though, say they will not be blackmailed by moscow. france, germany says they will stick to the existing agreement on making payments in euros only. uk says it will not accept putin's demands, either. and here's what the u.s. officials are saying. >> this is just another indication of the dire straits that russia's economy is in. this is a reflection of the fact that the sanctions, the export controls, the other economic measures, including the measures, the additional measures that we announced today, have had a significant, substantial, profound effect on the russian economy. >> there are two major countries reluctant to condemn the russian invasion. india is hosting the russian foreign minister, sergey lavrov. and in china, a virtual summit with the eu is set to again in a few hours from now. we have cnn correspondents following it all. kristie lu stout in hong kong. what is on the agenda? >> reporter: this is going to be a very tense meeting, john. we're going to see this high level summit take place between top eu leaders and the

cole, to be suite countries across the eu? cole, to be quite frank — countries across the eu? cole, to be quite frank with _ countries across the eu? cole, to be quite frank with you, _ countries across the eu? cole, to be quite frank with you, is _ countries across the eu? cole, to be quite frank with you, is more - countries across the eu? cole, to be quite frank with you, is more or- quite frank with you, is more or less a joke. gas alone is worth 200 million euros per day plus oil is 700 800 million. depends on the market price. what would really hurt russia is gas sanction. the oil, the problem is, there is a liquid world market. tankers are going around the globe. if the russians cannot send it to europe they will send it to india and the oil that was supposed to go to india will go to europe. is not such a big deal for any party. with gas is a completely different thing. 80% of russian gas is transmitted via a pipeline. and they go through central europe and some in germany. if we do not take the gas, they cannot sell it to china because there are no pipelines connectin

there is a talk of an oil embargo by the eu. countries want to go in on, that especially germany is really reliant on cheap russian energy, so those back and forth. and that's another front in this fight that's going on. >> germany often seems to be the x-factor in all of this when it comes, to of course, the discussion of energy to the eu. ron allen, thank you. up next everybody, an update in kansas, after a powerful tornado have moved through who've who in the wichita area last night. 40 female million americans with student loan debt, time is of the essence. the president takes a hard look at loan forgiveness. forgiveness. we believe there's an innovator in all of us. ♪ ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things. hey businesses! and every person... you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera

my guest is type a representative to the eu ming—yen tsai. could what starts in ukraine and in taiwan? ming—yen tsai in brussels, welcome to hardtalk. my pleasure _ welcome to hardtalk. my pleasure to _ welcome to hardtalk. my pleasure to be _ welcome to hardtalk. m pleasure to be here with welcome to hardtalk. mg pleasure to be here with you. welcome to hardtalk. my - pleasure to be here with you. a pleasure to be here with you. a pleasure to be here with you. a pleasure to have you on the showstopper you sit there in brazil two brussels, you are the representative of type a as it is put, to the european union, ijust wonder, from your position, what impact has russia �*s invasion of ukraine had on your homeland? l russia 's invasion of ukraine had on your homeland? i think our whole _ had on your homeland? i think our whole community - had on your homeland? i think our whole community is - had on your homeland? i think. our whole community is watching the situation in ukraine closely, and we believe the impact of the ukraine situation wi

forthe we are not in the eu, it is a brexit question. for the home secretary, is about controlling our borders, and we do decide who comes into our countries. the effect of that in terms of ukraine means there is that process that people have to go through. you mentioned the new figures. the home secretary suggested around 10,000 people have actually arrived from ukraine into the uk. the numbers today suggest a little bit more than that, 12,500. what is interesting about the figures, if you look at them across time you will see there has italy been no increase in the speed of issuing visas, despite all the assurances of the home secretary and others that they were ranting at the whole process up. if you look at the ukraine family scheme, for instance. there has been operating at about 6000 visas a week. but the new data suggest in the most recent seven day period, that was over 4000, so that is actually slowing down. the other sponsorship scheme, that has seen quite a significant increase from around 4700 in the first freebies, to an inc

she talks about moving away from the eu to build a more alliance of nations how french law will would be above other laws it could create problems in the future she talks about taking france out of the nato. there are a difference of policies a huge implication what have this means for france and eu and events like ukraine for example. the election from le pen would be implications ahead. she expressed sympathy for vladimir putin calling him a patriot. macron's camp will talk about this which is crucial for the next round >> charlotte, stay tuned for more french election coverage and the director general pascal lamy that is coming up in 12 minutes from now >>> stay with us still to come, inflation in china running hotter than forecast as the supply chain crisis and zero covid policies is putting pressure on the world's second largest economy do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplemen

here's what the eu's economic affairs commission had to say about how the eu would absolutely not be black mailed over energy. >> we've got contracts to be respected. i understand the maneuver which is behind this because, of course, the russian economy was severely hit by the sanctions. the rubles need to be reinforced by putin. all of this is part of the game, but our reaction wasn't justified by this war so at the end, final point, we will not be blackmailed. >> what exactly is vladimir putin doing? if you look at the details of this plan, it's a little bit more nuanced than originally appeared to be the case yesterday. what he's suggesting here is new account is made by gazprom bank and that countries could continue to pay in the currency, their own currency into that account and then it would be converted into rubles. why is vladimir putin deciding to do this? on the one hand it is a face saving exercise to push back against the international pressure of sanctions but it also gives russia something it badly needs, which is foreign reserve currencies. remember, the central bank h

i think that the eu was punching the lowest weight by being at the tent. i understand why, but the 1990's were a historic moment. cold war's are not short-lived affairs. neither russia nor the west took advantage. to recap, because of the eu's as a teensy -- hesitancy about expansion, in some ways it sped it up. nato is designed as a military alliance, not an organization meant to democratize. it did not fully luck in democracies in places like poland and hungary. host: for bush 41 and the bill clinton presidency you use a metaphor, three fateful turns of the ratchet that happened during these two presidencies. what does the ratchet mean to you? guest: a ratchet is a tool that allows motion in one direction only. in other words, once you have turned you are not going to be turning back, and i thought that was a useful metaphor to explain three moments where first george h.w. bush and then bill clinton made decisions that foreclosed other possibilities, other timelines. one of the theoretical bases for the book is the notion of punctuated equilibrium. this

well, my guest is taipei representative to the eu, ming—yen tsai. could what starts in ukraine end in taiwan? ming—yen tsai in brussels, welcome to hardtalk. it's my pleasure to be here with you. it's pleasure to have you on the show. you, of course, sit there in brussels, you are the representative of taipei, as it's put, to the european union. ijust wonder, from your position, what impact has russia's invasion of ukraine had on your homeland? yes, i think our global community is watching the situation in ukraine closely and we believe that impact of the ukraine situation will be far—reaching and global—reaching, so i think the first situation that we need to keep watching will be about the geopolitical phase, and europe may turn out with a new map, so this is a wake—up call to our global community because it shows how easily authoritarian countries can use force to challenge liberal—based order and international borders, so it's very important for our democratic community to hold a line and then raise for the cost of russia's invasion, o

the eu, meanwhile, may ban imports of russian coal, and prevent russian ships from using eu ports. images at the weekend from the town of bucha, following the retreat of russian forces, showed the bodies of civilians lying in the streets. ukrainian human rights officials now say a mass grave near a church may contain as many as 300 bodies. yogita limaye has returned to the town and sent this report. destruction and death are expected during a conflict. but what's happened in bucha violates the rules of war and of humanity. irina abramova lived peacefully here with her husband until the 5th of march. then a russian tank pulled up outside. their home was shelled. as it was burning, russian soldiers shouted, calling the couple outside. translation: they wanted | to know where the nazis are. they said we have an evil government with nazis in it and we should be punished for it. i said, "we're not guilty. we're just humans. " minutes later, her husband oleg, a ao—year—old welder, was shot in the head. russia saying it's not killed civilians deliberately in ukraine. what do you want

i believe the eu should respect that. so yes, i want to overhaul the european union from the inside. mr. macron, i didn't think that you would believe in a conspiracy theory. >> interesting thought from you. >> if i wish to exit the eu, i would say it. i don't. >> so 80% of your platform has changed. a good thing. 80% of your platform five years ago only applicable without a euro. changing the club by yourself, reducing your dues, well, at their everyone will chip in and follow or you just will go solo. it looks like you are suggesting going solo. also, according to your program, you still want lines with russia, interesting. you mentioned the chicken. can i mentioned that france did oppose an clash -- and clash, simply because of the merit clause? when we ask something of our farmers, we want something to be done by their own farmers. which is why we stalled the negotiations. there was no commitment to the paris commitment. to biodiversity. we managed to fight against imported deforestation. set about dropping production