the black sea and tackling the globalfood crisis. if you have justjoined us you are welcome and we begin in the uk with a brace to replace borisjohnson as conservative party leader is gathering momentum. on wednesday evening the shortlist of eight came sex, as former foreign secretaryjeremy hunt and the current chancellor nadhim zahawi were eliminated from the first round. by the end of next week, the list will be narrowed down to two names which will then go to the party boat with 60,000 members around the country for a final decision. the former chancellor rishi sunak got the most votes from conservative mps, he has criticised other contenders for offering fairytales on tax, saying cutting taxes now would stoke inflation. it is saying cutting taxes now would stoke inflation. stoke inflation. it is not credible stoke inflation. it is not credible to stoke inflation. it is not credible to promise - stoke inflation. it is noti credible to promise lots stoke inflation. it
highlighting the urgency of the central bank and yet economy is still incredible resilience. the markets will be volatile while all this plays out could be a very tight autumn and winter in europe and other economies? winter in europe and other economies? then the global economy economies? then the global economy is economies? then the global economy is in economies? then the global economy is in for economies? then the global economy is in for a - economies? then the global economy is in for a massive | economy is in for a massive test even the us economy which has showed incredible resilience but recession talk is starting to creep over, europe it is far more prominent. the difference between the two, as the energy crisis, europe relies on russian energy in the risk that comes with gas in storage levels and prices this winter will be a massive headwind as far as europe is concerned. it is that and other things being factored into the currency and weighing on these markets. la