Im going to be discussing that with these two there they are an Eastern European economist who thinks selling the assets might mean less money for ukraine in the long run and estonias Foreign Minister tells me taxpayers, they shouldnt have to foot the bill for the aggression of his next door neighbour, russia. Plus, what about the damage inside ukraine . One of president zelensky s top economic advisers tells me about the struggle to keep financing the fighting and why getting millions of ukrainians back from abroad would be crucial for the countrys future. Wherever yourejoining me from around the world, once again, a big hello and a warm welcome to the show. You know, russias invasion of ukraine is now into its third year, costing Tens Of Thousands of lives and billions of dollars. Its huge impact has been felt in economies all around the world. Its had consequences for globaltrade, energy and food prices and, most of all, in ukraine itself. So, can the assets the west has frozen and
Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the s p 500. Both indexers enjoyed their best february high for the s p 500. Both indexers enjoyed their best february since 2015. The Dowjones Industrial Average for its part was up as well. That makes february the fourth straight month in the green for wall street and the Leap Day Boost was helped by some new Inflation Data. Well, the market today is reacting to a favourable continuation of inflation coming down in a trend towards the Federal Reserve s target.
Costs on families. And thats why i think what were announcing today it is a break from the past. It is a change. Its a different way to approach these decisions. Britains Opposition Labour Party has condemned mr sunak s move, and vowed to stick to the governments original net zero strategy. And the Scottish National party, which holds power in scotland, has also criticised the Uk Governments change of course. Earlier, i spoke to the First Minister of scotland, humza yousaf. First minister, thank you so much forjoining us on bbc news. I want to start with the uk Prime Minister rishi sunak s announcement today on climate goals. The uk has been a leader on battling Climate Change. Where does this decision leave the uk . Well, it very firmly takes the uk out of the Global Consensus. The Global Consensus is we need to do more to tackle Climate Change. And the reason why scotland has been invited, for the first time, to the un for the Climate Ambition Summit is because we are showing leaders
Break from the past. It is a change. Its a different way to approach these decisions. Britains 0pposition Labour Party has condemned mr sunak s move and vowed to stick to the governments original net zero strategy. And the Scottish National party, which holds power in scotland, has also criticised the Uk Governments change of course. Earlier i spoke to the First Minister of scotland, humza yousaf. First minister, thank you so much forjoining us on bbc news. I want to start with the uk Prime Minister rishi sunak s announcement today on climate goals. The uk has been a leader on battling Climate Change. Where does this decision leave the uk . Well, it very firmly takes the uk out of the Global Consensus. The Global Consensus is we need to do more to tackle Climate Change. And the reason why scotland has been invited, for the first time, to the un for the Climate Ambition Summit is because we are showing leadership. So the same day we are showing leadership, the same day the whole world i
Deadly storms you might expect in midapril or early may. The warm winter spawned an outbreak of tornadoes. At least 28 since yesterday in seven states from the south to the midwest. The largest was an ef3 with winds up to 165mph. The deaths include one in missouri, two in illinois, and more than 100 homes were blown apart. Michelle miller met people who lost everything. Reporter this is all thats left of dozens of home in North Central illinois after a line of tornadoes tore through the midwest late yesterday. Tornado oh, my god, its on the ground. Reporter 26 twisters touched dunn across five states, bringing up to 155mph winds, heavy rain, and hail. In ottawa, illinois, one of the 50 homes with significant damage belonged to penny. Had to get in the bathtub to survive. My roof is off. Trees are down. My car is wrecked. Its disaster. It looks like a bomb went off. Reporter in perryville, missouri, this woman had to be rescued after a tornado barreled through her town, smashing cars, u