Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba
For the new season. Erik ten hag says Harry Maguire would be better off leaving Manchester United if hes not confident enough to battle for a First Team Spot at old trafford. Maguire is desperate for more game time and is keen on a move to west ham, but ten hag still belives he can still be important this season. Top centre back. He is the best for england, so why shouldnt he be the best for us . But he has to prove it. And when he is not confident enough to go in and fight, then he has to go, then he has to make the decision. But i am happy with him. Not long to go until the womens world cup semifinals get under way. Australia head into their last four tie against england having beaten them 2 0 away in a friendly back in april, ending the lionesses 30 match unbeaten run. They meet again on wednesday. That was a friendly game, and yes, we do take something out of it. But at the same time, we are into Knockout Games in a world cup, so it is a completely different game, and i think we wa
Wildfires are still burning and firefighters are working to bring them under control. These pictures are from the us national guard. We also know that hawaiians are Donating Supplies to be sent to the worst affected areas. Locals on the island of maui say much more help is needed though. Hawaiis governor gave this update earlier. It is a harrowing sight in maui. When those providers, the police in this division, do come across scenes in houses or businesses, its very difficult for them because they know ultimately theyll be sharing with our people that there have been more fatalities. I do expect the numbers to rise. Questions are being asked now about whether hawaiis Early Warning system worked properly. The states Attorney General is conducting a comprehensive review of what happened. Our Correspondent, sophie long, sent this report from maui. The fire left more than a city devastated, and charred black buildings behind. Existential questions hover above the emptiness. How can you re
One of the buildings which was destroyed was the grace baptist church. Our correspondent sophie long is in hawaii and spoke to some of the congregation. The fire that left more than a city devastated and charred, black buildings behind. Questions hover above the emptiness. How can you rebuild from this . What will exist here in the future . A now churchless congregation gathered at a coffee shop to share their pain. One of the Police Officers sent me the pictures. Of what used to be. My house. I wept. But weeping is not a lack of faith. Thank god that he gave us tears. Amazing grace. There are so many questions that remain without answers. Why did one survive to sit in a makeshift church when their neighbour didnt . What will become of their community so crippled by a loss that is still being counted . I dont think it will ever be the same. I hope it will be better, so thats my prayer, and i believe that. I think one day it can be an even better lahaina than it was. That is what i hope