tighten the screws. since then, the us, uk, eu, along with countries including australia, canada and japan have imposed more than the 16,500 sanctions on russia. and just last week, the us and uk imposed a tough new raft of measures. their main target has been russia s money, freezing foreign currency reserves and bank deposits. they have also banned exports of technology for making weapons, banned flights and restricted wealthy business people linked with the kremlin. russia s oil industry has also been another major target. despite the export controls, russia seems to have continued to be able to fund its war machine in ukraine. the economy has largely withstood the shock and is expected to grow by about 1 2% this year according to the international monetary fund. that s partly because it is still selling oil to countries like india and china. and because moscow has been able to impart sanctioned goods by buying them through countries like georgia, belarus and kazakhstan, t
since then, the us, uk, eu, along with countries including australia, canada and japan have imposed more than the 16,500 sanctions on russia. and just last week, the us and uk imposed a tough new raft of measures. their main target has been russia s money, freezing foreign currency reserves and bank deposits. they have also banned exports of technology for making weapons, banned flights and restricted wealthy business people linked with the kremlin. russia s oil industry has also been another major target. despite the export controls, russia seems to have continued to be able to fund its war machine in ukraine. the economy has largely withstood the shock and is expected to grow by about 1 2% this year according to the international monetary fund. that s partly because it is still selling oil to countries like india and china. and because moscow has been able to import sanctioned goods by buying them through countries like georgia, belarus and kazakhstan, there are reports tha
robert wood, chief uk economist, pantheon macroeconomics. itjoins me now. no change expected today, why not? it joins me now. no change expected today, why not? good mornin: expected today, why not? good morning why expected today, why not? good morning why not? expected today, why not? good morning why not? inflation - expected today, why not? good morning why not? inflation is i morning why not? inflation is just back to the bank of england 2% target for top within that headline inflation, inflation with services, eating out, restaurants, all sorts of household services, going to out to the cinema and so on prices of these things are rising still really quickly. so yesterday we saw they were up 5.7% year on year. with that rate of increase headline inflation is not going to stay at 2% very long. at 296 very long. the next decision at 296 very long. the next decision by at 296 very long. the next decision by the at 296 very long. the next decision by the bank- at
2022, the west further tighten the screws. since then, the us uk- eu, the screws. since then, the us uk eu, along with countries including australia, canada and japan have imposed more than the 16,500 sanctions on russia. and just last week, the us and uk imposed a tough new raft of measures. their main target has been russia s money, freezing foreign currency reserves and bank deposits. they have also banned exports of technology for making weapons, band flights and restricted wealthy business people linked with the kremlin. russia s oil industry has also been another major target. despite the export controls, russia seems to have continued to be able to fund its war machine in ukraine. the economy has largely withstood the shock and is expected to grow by about 1 2% this year according to the international monetary fund. that s partly because it is still selling oil to countries like india and china. and because moscow has been able to impart sanctioned goods by buying t
Assumption that there is a price somehow for which kim jongun and his predecessor, his father and his grandfather, would give up this Nuclear Program. Im not sure thats right because the Nuclear Program, to their mind, is the one thing that guarantees their survival. And the moment that they give it up, theyre in the position that Mow Mar Qaddafi was in when he gave up his nas entitle Nuclear Program in 2003. And he got a lot of promises of integration with the west and of course as soon as his people turned on him, the United States and europe and the arab states all joined in to drive him from power. The koreans were very, very aware of this and i would doubt that there is a price out there for which they would give up everything. And therein lies the big problem. Let me go to you, ambassador. We tend to look at this through our own eyes, thinking like, why in the world would anyone want to risk being even using the artillery on the southern border
north korea. As others said if they