that there is a three day humanitarian corridor to get people out, so very different accounts and very difficult for us to ascertain the truth of what is going on there at the moment in mariupol, but we will bring you updates throughout the day here on bbc news. from kyiv, back to you now in london. the bbc s ben brown and all the rest of the team bringing you news from ukraine. we will be with them throughout the day. now, the news dominating the economic front. the us central bank has raised interest rates by half a percentage point the most aggressive increase in more than 20 years. the move is intended to tackle rapidly rising prices fuelled by the war in ukraine. with us inflation at a ao year high, further hikes are expected. meanwhile interest rates in the uk are also expected to rise again today. the bank of england will release its latest decision at midday. analysts are predicting that the base rate could increase to 1%
what will be us? i think there has been no shock. what will be interesting us? i think there has been no shock. what will be interesting is us? i think there has been no shock. what will be interesting is if - what will be interesting is if the bank of england rate and by half a point or a quarter of a point. most people are predicting the latter. thank you. the british oil company shell has posted underlying profits of £7.3 billion between january and march. it s the company s highest quarterly figure, and triple the amount it made in the same period last year. shell s rival bp also revealed a sharp rise in income earlier this week. our international business correspondent theo leggett told us these companies are trading in energy products which have come under pressure because of the war in ukraine and the covid recovery. a year ago april of was trading at $65. today it is trading at $110. that is a huge increase and translate directly through into profits for the oil companie
andy verity there. the british oil company shell has posted underlying profits of £7.3 billion between january and march. it s the company s highest quarterly figure, and triple the amount it made in the same period last year. shell s rival bp also revealed a sharp rise in income earlier this week. our international business correspondent theo leggett told us these companies are trading in energy products which have come under pressure because of the war in ukraine and the covid recovery. a year ago ayearagoa a year ago a barrel of oil was trading at around $65. today it is trading at around $65. today it is trading at around $65. today it is trading at $110. that is a huge increase, and it translates directly through profits for the oil companies, and shell has been making a lot of money out of the fact that it produces refined products, and refined products like diesel in short supply at the moment. bring all of this together, and rising prices for oil and gas as well, incidentally,
war is finally over, a generous international aid plan will be needed to repair and rebuild this devastated country. but for now ukraine s priority isjust to keep patching up as much infrastructure as possible so it can continue to wage its war of survival. and ukraine really does see it as a desperate war of survival. the negotiation to evacuate hundreds of civilians from mariupol in the south has caught the world s attention. across the donbas region in the east of the country, many thousands of people remain trapped on the frontlines of war. rescue operations are under way, often led by volunteers, taking enormous personal risks to save others. andrew harding reports. they sit in stunned silence on the school bus thatjust
ukraine. of course belarus in military and a very strong and well equipped and they are not a battle trained at all. but of course that is just a show of what can come and that definitely is used to distract our troops from that big fight in the east. again, we are not seeing belarusian forces entering ukraine but it still means to us that we still have to keep some of our troops in the north of the country, just to make sure that doesn t happen. just to make sure that doesn t ha en. . ~ ,, just to make sure that doesn t hauen. . ~ , just to make sure that doesn t hauen. . ~ , . ., happen. thank you very much for that. and happen. thank you very much for that- and i happen. thank you very much for that. and i hope happen. thank you very much for that. and i hope that happen. thank you very much for that. and i hope that somehow i happen. thank you very much for l that. and i hope that somehow you get home in your car and you manage to frighten and stay safe on the road as well.