and getting south africa s youth back on track we ve a special report from johannesburg on attempts more than 200 wounded soldiers from the azovstal steelworks on the edge of the ukrainian city of mariupol have been evacuated. they d been withstanding a russian offensive for nearly three months, gaining almost legendary status among many ukrainians. pictures suggest that the soldiers were bussed out and have now reached novoazovsk, which is a russian controlled town in eastern ukraine. at least 50 of them are said to have been taken to local hospitals. it s not clear at this stage if they will be released into ukrainian government hands. ukrainian president volodymyr zelensky has stressed the importance of their release. translation: we hope - to save the lives of our boys. among them are the heavily wounded. they are being treated. i want to underline ukraine needs its ukrainian heroes alive. this is our principle. i think these words can be understood by all adequate pe
this is the business stories from around the world, and i will try and pronounce that correctly in a let s start with a stark warning from the governor of the bank of england. andrew bailey has warned the uk and many other countries are facing apocalyptic food prices, due to supply problems caused by the war in ukraine. bailey warned inflation could hit 10% by the autumn, well above the central bank s 2% target. uk inflation is currently at 7%, which is its highest level in 30 years. another sign of the rising cost of living was shown at petrol pumps yesterday, with one litre of diesel costing £1.80, which is a record high. joining me now is swetha ramachandran, an investment manager at gam investments. thank you for being with us, we know that rising prices are a huge problem, but it really did underlinejust how bad huge problem, but it really did underline just how bad this could get without warning from the bank of england just yesterday. yes, indeed, and there are lots o
Thomas Braziel is the CEO of 117 Partners and CIO at 507 Capital – firms specializing in distressed and alternative credit, bankruptcy claim purchasing and restructuring advisory.