have to live in so far, we will talk tonight about the us to the decision tonight about the us to the decision to supply cluster munitions to ukraine and the latest request from president zelensky for long range weapons. the war in ukraine and the resulting energy crisis is weighing heavy on the german economy. figures out today such germany is heading into its longest sustained recession since 2008. data from the first two months of this quarter the alliance meets in vilnius next week, a summit at which ukraine s so lets start with ukraine. a lot of news in the past couple of hours. president zelensky has just landed in istanbul where he has been meeting president erdogan. the turkish leader touts a special relationship with president putin, and has in the past served as a go between. but he also, stands in the way of sweden s, full membership of nato. an issue that which will be a major part of the discussions when nato meets next week in vilnius. earlier in the day, on his
the moment in the uk, is a mistake. we raise the moment in the uk, is a mistake. we raise interest rates in the 80s and early 90s because of the boom and early 90s because of the boom and the and early 90s because of the boom and the crash to try and dampen inflation and the crash to try and dampen inflation that is because we have an open inflation that is because we have an open to inflation that is because we have an open to keeping our economy, high consumer open to keeping our economy, high consumer demand, rising realwages consumer demand, rising real wages and living consumer demand, rising realwages and living standards. we do not have that now and living standards. we do not have that now. we have a study in cod liver that now. we have a study in cod liver growth is minimal, if any of us up liver growth is minimal, if any of us up holding living standards. this is actually us up holding living standards. this is actuallyjust hitting people who are in is actua
of what is feeding a lot rising prices. of course what is feeding a lot rising prices. of course governments have not been of course governments have not been -ood of course governments have not been good at of course governments have not been good at clamping down on that and the governments that have been good for example spain, with a hype but price for example spain, with a hype but price controls but they have cap increases price controls but they have cap increases have got much lower inflation increases have got much lower inflation because that is a way to tackle inflation because that is a way to tackle what is corporate profiteering driving inflation at the moment. profiteering driving inflation at the moment. , . ., the moment. very much the debate of the moment. very much the debate of the da . the moment. very much the debate of the day- thank the moment. very much the debate of the day. thank you the moment. very much the debate of the day. thank you to
that is what is happening here for stuff that happened over spending at a particular time with covid, all of these things coming to an end. it is a direct result of overspending and that ultimately led to a flux of a lot of money being spent at a fast pace. we still have not cooled down. think, we have not cooled down inflation after a two years to focus here and which hauled it transitional when it first started. so no one has real control over this. the spending, people think the spending will continue and inflation rates, will go down and interest rates, will go down and interest rates will go back down from are far from that conversation. i think it is an election year so you are was far from is an election year so you are was farfrom back in position to is an election year so you are was far from back in position to stop people seeing echoes of that here in the uk. , ., ., the uk. there is a feeling out there in resect the uk. there is a feeling out there in respect to the uk. t
truly affordable. i need to be in order to make housing truly affordable. truly affordable. i guess the point i am truly affordable. i guess the point i am making truly affordable. i guess the point i am making is truly affordable. i guess the point i am making is that truly affordable. i guess the point i am making is that all truly affordable. i guess the point i am making is that all of - truly affordable. i guess the point i am making is that all of this - truly affordable. i guess the point i am making is that all of this is i i am making is that all of this is interconnected and there are a lot of people out there who are questioning the interest rate policy. many countries are in stagnation. the inflation is large been driven by energy prices and supply constraints. they have put financial, created financial problems for government. do you look at what is happening in the us and uk and think the interest policy is right now? it uk and think the interest policy is riaht n