i m going to be discussing all of that with these two, there they are, dr ulrich hoppe, the director general of the german british chamber of industry and commerce. and helima croft, a member of america s national petroleum council, which advises the us energy secretary on strategy. also on the show, the big boss of the middle east s oldest privately held oil and gas company, crescent petroleum, joins me to talk about those skyrocketing prices, energy supply and the impact of the war in ukraine. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, they war between russia and ukraine is about to enter its sixth month. the human suffering on the ground has been massive and the economic consequences of the war and the sanctions imposed on russia, are spreading around the world. nowhere is it as stark as the oil and gas industry. vladimir putin s invasion of ukraine is causing energy prices to skyrocket around the worl
banning sales of new gas powered cars by 2035. how that will work ahead. we begin this morning with our top story. at any moment a redacted version of the affidavit used to justify the fbi s august 8th search at former president trump s florida home will be unsealed to the american public. the new york times summarized the ruling as a significant legal mile post in an investigation that has swiftly emerged as a major threat to mr. trump, whose lawyers offered a confused and at times stumbling response. the judge s order to release the document comes after the doj submitted its proposed redactions in an effort to protect the safety and privacy of witnesses in the on going investigation. the doj has noon 9:00 eastern, noon pacific to unseal it. the fbi seized 11 sets of classified documents, some labeled top secret. trump said he s as innocent as a person can be and slammed it as politically motivated. joining us is ken, phil rutter, deputy national editor and msnbc politic
deal to release grbrittney grin and paul whelan. jennifer, what can you tell us about this offer? that s right, we have learned that the biden administration is prepare to send victor boot, this convicted russian arms dealer back to russia as part of a deal to try to bringwhelan ho. boot is currently serving a 25 year prison sentence. secretary of state antony blinken publicly announced yesterday that the administration has offered a, quote, substantial proposal to moscow to try to get these two wrongfully detained americans back home. blinken did not go in to specifics about what was in the proposal, but he did say it has been on the table for weeks now and that it has the direct backing and sign jooff of joe biden. prisoner swaps do require the president to signoff. so this is a significant signal. prisoner swaps are generally quite controversial in the administration and other administrations have generally avoided using them because there is a fear that other government
reporter: the federal reserve just made history announcing that they re raising interest rates by 3/4 of a percentage point for the second meeting in a row. we haven t seen anything like that in back to back meetings in modern fed history, but we re not in nor times. we re dealing with the worst inflation inflation prices in 40 years. inflation remains elevated due in part to russia s invasion of ukraine and very high food and energy prices. so the fed is stepping in and acting like the firefighter. they re trying to put this inflation fire out. the goal here is to raise borrowing costs and try to cool off red hot demand, and that should hopefully allow supply a chance to catch up. but you know, officials also signaled that they re not nearly done with rate hikes. they said it would, quote, will be appropriate to continue raising interest rates. and here s the problem. they re raising rates into an economy that is already showing cracks here. in the new statement today, the
an energy emergency? energy companies across the continent warn of higher prices. limited rationing is already under way in germany as the supply from russia starts to drop off. in america, they ve released more oil to the market but is it enough to keep us all going? with more sanctions and cold weather on the way, are we looking at a perfect storm for the energy market? i m going to be discussing all of that with these two, there they are, dr ulrich hoppe, the director general of the german british chamber of industry and commerce. and helima croft, a member of america s national petroleum council, which advises the us energy secretary on strategy. also on the show, the big boss of the middle east s oldest privately held oil and gas company, crescent petroleum, joins me to talk about those skyrocketing prices, energy supply and the impact of the war in ukraine. wherever you rejoining me from around the world once again a big hello and a warm welcome to the show. you know, t