with the start of wimbledon, we take a look at how sponsors are trying to ace the event. let s start with more on the important meeting taking place in the bavarian mountains today, where g7 leaders are gathered for their latest summit. the conflict in ukraine and the effects the russian invasion is having on the global economy is top of the agenda. leaders will consider imposing a price cap on russian crude, which is an idea strongly supported by the white house. russian oil and gas sales could hit $285 billion this year, which is 20% higher than last year s figure. as well as discussing energy food inflation and security is causing a headache for g7 leaders. with around 20 million tonnes of grain stuck inside ukraine, unrest has erupted in countries from indonesia to iran, and hunger now is predicted to affect 867 million people this year. to discuss this i m joined by professor olivier de schutter co chair of the international panel of experts on sustainable food syste
import tariffs on steel. prime minister borisjohnson has signalled tariffs on steel imports that were due to expire this week could be retained. when asked whether this could lead to a possible breach of international law, johnson said it was a tough choice he was prepared to make. the possible extension would benefit british steel producers, which are already under pressure from rising energy prices. swetha ramachandran is investment manager at gam investments. good morning, sweeter, lucky to see you. let s talk about this situation, the steel tarriffs were supposed to expire and it looks like they will be extended swetha. what are the implications? extended swetha. what are the implications? the implications? sure, and as a reminder. the implications? sure, and as a reminder, britain the implications? sure, and as a reminder, britain used - the implications? sure, and as a reminder, britain used to - the implications? sure, and as a reminder, britain used to be| a reminder,