rate rises next year. swetha ramachandran is an investment manager at gam investments. on one hand we have the sort of accelerator for hiking rates, soaring inflation, but we also have this strange rake in the form of highly transmissible, currently unqualifiedly risky covid variant. in your view does omicron register as a blip or a seachange for global monetary policy? 50 or a seachange for global monetary policy? so that s a treat monetary policy? so that s a great question. monetary policy? so that s a great question. it monetary policy? so that s a great question. it is - monetary policy? so that s a great question. it is still - great question. it is still early days but there are indications that omicron is having quite a strong impact. we heard on the hospitality sector, for instance, in terms of late cancellations and what is traditionally a pig varied for them for trading. so the larger impact of this remains uncertain because certain pockets of the economy continue to do
expected drop off ingrowth that omicron is expected to cause. thank you very much. swetha ramachandran in london for us today. stay with us on bbc news. still to come: tough times in toy town. with soaring prices and squeezed supply chains, will santa s sack be a little lighter this year? we hearfrom one of the uk s leading toy retailers. saddam hussein is finished because he killed our people, ourwomen, our children. the signatures took only a few minutes, but they brought a formal end to 3.5 years of conflict conflict that has claimed more than 200,000 lives. before an audience of world leaders, the presidents of bosnia, serbia and croatia put their names to the peace agreement. the romanian border-