jonathan charles is back with us geopolitical insight advisor, specialising in russia and the countries around it and a former bbc correspondent in moscow and ukraine markets in moscow and ukraine quick to react and no surprise markets quick to react and no surprise that the rouble has sunk. it surprise that the rouble has sunk. . , , ., ., sunk. it hasn t been doing that well for several sunk. it hasn t been doing that well for several weeks - sunk. it hasn t been doing that well for several weeks and - well for several weeks and months and it was inevitable with uncertainty and that is what we have with russia now, it has exacerbated a trend and we have seen that fall in the rouble. untilwe we have seen that fall in the rouble. until we know what is going to happen, can vladimir putin reassert that sense of strongman rule which at least is certainty, it may not be very nice, but at least it is certainty, then there will be questions about the economy, about the roub
Disruption at airports. Now for the latest Financial News with Sally Bundock and World Business report. The day has come Federal Reserve chief janet yellen is expected to announce another rise in us Interest Rates. But how many more will follow . With the price falling despite the efforts of opec. Welcome to World Business report. Im Sally Bundock. Also in the programme, we have the latest 1s . from cathay pacific. Latest numbers from cathay pacific. They are back in the red. We will explain the details in a moment. Its the day Global Markets on tuesday, the us Federal Reserve started its two day meeting and is widely expected to raise Interest Rates when the meeting ends on wednesday. Fed policymakers are tipped to raise Interest Rates by a quarter point, and it wont surprise markets, theyve already priced this in. As ever, the devil is in the detail. Its what janet yellen says after the meeting analysts will scrutinise for clues about how fast rate rises will come going forward. And
jonathan charles is back with us geopolitical insight advisor, specialising in russia and the countries around it and a former bbc correspondent in moscow and ukraine markets in moscow and ukraine quick to react and no surprise markets quick to react and no surprise that the rouble has sunk. it surprise that the rouble has sunk. . , , ., ., sunk. it hasn t been doing that well for several sunk. it hasn t been doing that well for several weeks - sunk. it hasn t been doing that well for several weeks and - well for several weeks and months and it was inevitable with uncertainty and that is what we have with russia now, it has exacerbated a trend and we have seen that fall in the rouble. untilwe we have seen that fall in the rouble. until we know what is going to happen, can vladimir putin reassert that sense of strongman rule which at least is certainty, it may not be very nice, but at least it is certainty, then there will be questions about the economy, about the rouble and i g