the economic stand off between russia and the west ratcheted up further today. the russian gas supplier gazprom told poland and bulgaria it was cutting off their gas supplies altogether from wednesday. gazprom has said what it calls unfriendly countries must pay for russian gas in roubles from now on. that s something eu states are refusing to do. joining me now is sunaina sinha haldea, global head of private capital at raymond james. of private capital what at raymond james. impact is this going to both what impact is this going to both countries are seeing the impact will be manageable. it is spring heading into summer, and demand from consumers and their countries is lower. this is a example of russia trying to happen as natural gas and oil supplies while it can. we know that most european countries are on our planet to give themselves russian and gas imports by the end of the year. and impulse. this is potentially a warning shot to the rest of europe. given that many
meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike issues are resolved, they will have a big impact. you ve got 500 workers, two major plants and they produce around 5% of global supply. it s a major impact and certainly asia would be. ..would feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we saw recently. what will be the impact on the central bank? as far as central bank s are concerned, we seeing hopefully with retail sales fairly strong. if that s not a bad point, normally a good point but it could further inflation, we are expecting inflation to come down. that could be a good sign next tuesday with no rate rise. but we got to wait to see how that number drops. it s coming out in a few hours. the target is 2 3%. what range are you expecting the number to come in? if you re looking at annual rate, you re looking a 5.2 forjuly, down fro
like the rest of the world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike issues are not solved soon, they will have a big impact. you ve got 500 workers, two major plants, and they produce around 5% of global supply. it s a major impact and certainly asia would be. ..would feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we saw recently. what will be the impact on the central bank? as far as central bank s concerned, we seeing hopefully retail sales fairly strong. if that s not a bad point, normally a good point, but it could further inflation, we are expecting inflation to come down. that could be a good sign next tuesday with no rate rise. but we ve got to wait to see how that number drops. it s coming out in a few hours. the target is 2 3%. what range are you expecting the nu
by forecasters as extremely dangerous is heading towards the us coastline. these are the live pictures from key west in the south of the state. the hurricane is expected to hit further up florida s west coast. evacuations are underway in 21 counties and residents have been warned to prepare for violent winds, intense rain and a potentially life threatening storm surge. these are the images of the storm from 250 miles above ea rth s surface. the international space station passed over hurricane idalia as the storm churned over the gulf of mexico. it s been moving north, and is now a category 2 hurricane that s according to the national hurricane center. that could mean winds of up to 110 miles per hour. but, as ever, it s the storm surge that has the authorities most concerned. this is the situation on the ground. this footage was taken from a sea front hotel in key west. the wind and in evidence. in the last hour florida governor ron desantis had a message for people in t
world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike i55ues maguire says if chevron strike issues are resolved they will have a big impact. issues are resolved they will have a big impact. you ve got 500 workers. have a big impact. you ve got 500 workers, two have a big impact. you ve got 500 workers, two major- have a big impact. you ve got| 500 workers, two major plans and they produce around 5% of global supply. and they produce around 5% of globalsupply. it s and they produce around 5% of global supply. it s eight major impact and certainly asia would be. feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we start recently. what will be the impact on the central bank was back as far as central banks are concerned, we seeing hopefully with retail sales fairly strong. iii ho