Because of the nature of inflation in there in the u. Actually in the eurozone is very different than to the nature of, of inflation in the us here. Inflation is very much driven, certainly in the beginning and by Energy Prices. And that would have been an important to identify because this is what determines what they said we can do. If youre going to raise Interest Rates without resolving this, of Energy Prices are you doing is youre affecting there real economy and without necessarily managing inflation. So it is dangerous. How can you resolve the issue of Energy Prices . Is it only through the war or will we see them settled down over time . Thats absolutely essential. And not just for inflation and Energy Prices. The resolution of the war quickly is absolutely essential. That is going to ease a little bit of a show of the Energy Prices. And then it is a matter of the transition how quickly we can transition into Meeting Energy demands, stabilizing in, in newark, librium. And of co
In the actually, in the eurozone is very different than to the nature of, of inflation in the us. Here. Inflation is very much driven, certainly in the beginning and by Energy Prices. And i would have been an important to identify because this is what determines what they should be can do. If youre going to raise Interest Rates without resolving this offensive prices are you doing . Is you affected their real economy and without necessarily managing inflation . So it is dangerous. How can you resolve the issue of Energy Prices . Is it only through the war or will we see them settled down over time . Thats absolutely essential. And not just for inflation and Energy Prices, the resolution of the war quickly is absolutely essential. That is going to ease a little bit, the issue of the Energy Prices. And then it is a matter of the transition, how quickly we can transition into Meeting Energy demands, stabilizing in a new equilibrium. And of course, and moving to the green transition. How w
Because of the nature of inflation in the, in the you actually in the eurozone is very different than to the nature of, of inflation in the us here. Inflation is very much driven. Certainly in the beginning, i buy Energy Prices and i would have been an important to identify because this is what determines what they said we can do. If youre going to raise Interest Rates without resolving this, of Energy Prices are you doing is you affected their real economy and without necessarily managing inflation. So it is dangerous. How can you resolve the issue of Energy Prices . Is it only through the war or will we see them settled down over time . Thats absolutely essential. And not just for inflation and Energy Prices. The resolution of the war quickly is absolutely essential. That is going to ease a little bit of a show of the Energy Prices. And then it is a matter of the transition how quickly we can transition into Meeting Energy demands, stabilizing in, in newark, librium. And of course, a
Do you feel worried about the planet . Me too. Im neil. Host of the on the green fence both coast and to me its clear. We need to change the solutions or out the join me for a deep dive into the green transformation for me to do full of them. Ah, ah, another rates rise from the European Central bank. Will this help keep rapidly rising prices under control, or is the bank of nudging europe into recession . Well speak to an expert. Also coming up. As the cost of living starts to bite, we look at the revival of the pawn shop. Its a time again, d, w, a business bolcom. The European Central bank has raised rates to the highest for more than a decade, adding on sunday 5 basis points to try and tame record inflation. The move marks a tough balancing act for the e. C. B, as it tries to keep prices under control while attempting to avoid a looming recession in the euro zone. The covey pandemic has left its mark, but more importantly, russias war and ukraine and the knock on effect on fuel price
Premiere sunday on abc. The driver of a stolen suv led sheriffs deputies on a wild and dangerous high speed chase through East Los Angeles last night. The suspect drove on the wrong side of the road ran several red lights narrowly missing pedestrians. A spike strip was deployed, but it was unclear if the tires were punctured. The driver jumped out of the moving vehicle and eventually crashed into a light pole. Investigators are trying to determine what caused that chicago building explosion. We showed you this week the frightening scene was captured on Surveillance Video woman is seen running away desperately trying to avoid the debris spewing into the streets. At least eight people were injured , three seriously. Several homes were also destroyed. How far should carmakers go to keep impaired drivers off the road the ntsb is now recommending breathalyzers in new cars. Abc s andrea fuji has more this morning a new debate in the world of auto safety. The National Transportation safety bo