hello and welcome. leaders of the g7 group of nations have reinforced their commitment to enhance the economic isolation of russia and step up a campaign against russian elites that are supporting president vladimir putin. the united states has unveiled sanctions against three russian television stations and executives from gazprombank. the uk has pledged to double its military aid to ukraine to £1.3 billion — that's about $1.6 billion. the world's top economies have vowed to phase out dependency on russian energy but bulgaria will not support the european union's new set of sanctions against russia if it does not get a delegation from the proposed ban on buying russian oil. the eu says it will hold more talks monday. joining me now is dr adi imsirovic, senior research fellow at the oxford institute for energy studies. thank you for being with us. these talks continue today with the eu to try to reach some consensus and the sticking point is how to get oil supplies to landlocked countries like hungary, like you and the czech republic. ladarious says it needs more time. a difficult will it be for them to secure other supplies of oil? —— how difficult. supplies of oil? -- how difficult.— supplies of oil? -- how difficult. �* ., ., ~ difficult. -- bulgaria. ithink slovakia _ difficult. -- bulgaria. ithink slovakia is _ difficult. -- bulgaria. ithink slovakia is meant _ difficult. -- bulgaria. ithink slovakia is meant to - difficult. -- bulgaria. ithink slovakia is meant to be - difficult. -- bulgaria. ithinki slovakia is meant to be hard because they get almost 100% of oil via a pipeline from russia. hungary is a lot less dependent because they do have an alternative through the pipeline in the south and they get only 60% of russian oil. however, both refineries are run by the same company that have actually raised objections, which is the hungarian oil company. it's different in bulgaria, 60% of russian oil so probably a lot less than some german refiners, actually, but that refinery in bulgaria is run by russians so there are a lot of political issues, ratherthan there are a lot of political issues, rather than real unsurmountable issues. if unsurmountable issues. if countries are allowed more time to find oil, will it remove any impact of the sanctions against russia? ~ , ,., , impact of the sanctions against russia? ~ , , , russia? absolutely. absolutely. i think these _ russia? absolutely. absolutely. i think these three _ russia? absolutely. absolutely. i think these three countries - i think these three countries you mentioned were talking about actually asking for some financial aid to build additional pipelines, to build additional pipelines, to build a pipeline you need probably three, four, five years, and it would remove any impact, actually, as far as they are concerned.— actually, as far as they are concerned. ~ ., ., ., concerned. what about the oil market as _ concerned. what about the oil market as a — concerned. what about the oil market as a whole? _ concerned. what about the oil market as a whole? is - concerned. what about the oil market as a whole? is there l market as a whole? is there enough capacity in the world to make up for this shortfall? well, there is, samantha, and certainly we don't know what the shortfall is yet. we think we are losing abouti million barrels of russian crude oil at the moment. we think if the sanctions come in to force, we would probably lose another 2— 3 million barrels. it is relatively easy to make up for that, actually, from the opec countries but we do have a cartel of course that at the moment is very much in bed with russia through the so—called opec plus agreement, or even greater cartel. so it's difficult and is another political problem the us particularly or opec, saudi arabia, how they will respond in the meantime, we will have to rely on some so—called inaudible through higher prices. inaudible through higher rices. ~ ., prices. we will get more information _ prices. we will get more information from - prices. we will get more information from you . prices. we will get more - information from you today, no doubt. for now, thank you for your analysis. japan says it will take time to phase out russian oil imports after agreeing on a ban with other group of 7, g7 nations, nations to counter moscow's invasion of ukraine, prime minister fumio kishida said on monday. joao da silva is following that story from our asia business hub in singapore. thomas moore. while we don't have the exact details of this in principle ban, it seems like a significant forjapan —— tell us more. tokyo has been very proactive in terms of condemning russia's invasion of ukraine and imposing sanctions but it has been less keen when it comes to banning imports of russian energy because of its heavy energy dependence. so when announcing the ban, the prime minister emphasised how difficult this decision is for his country and also stressed the importance of the g7 partners working together and hinted this would be done in a gradual manner, without giving us a timeline. this is significant because it gives japan some leeway in terms of phasing out those imports from russia while finding alternative sources of energy. a reminder here thatjapan�*s energy dependence increased substantially after the 2011 fukushima disaster, when it began shutting down nuclear reactors and today, russia is actually its fifth biggest supplier of lng and oil so again, —— lpg and oilso supplier of lng and oil so again, —— lpg and oil so again, we don't know how quickly this ban will be introduced but it marks a turning point comes to japan's policy towards energy imports from russia.- japan's policy towards energy imports from russia. thank you very much _ imports from russia. thank you very much for— imports from russia. thank you very much for the _ imports from russia. thank you very much for the update. - to the philippines now, which is heading to the polls today, to pick — amongst other positions — its next president. whoever that is will inherit an economy that's slowly emerging out of the pandemic, managed by outgoing president rodrigo duterte. he had big promises when he came to office to transform infrastructure and protect the poor. karishma vaswani examines his economic legacy. atough, hard a tough, hard life made worse by the pandemic. joseph is one of millions who voted for rodrigo duterte a, hoping for a better future. rodrigo duterte a, hoping for a betterfuture. a horse carriage driver for tourists, betterfuture. a horse carriage driverfortourists, he betterfuture. a horse carriage driver for tourists, he used to have customers from all over the world. but then borders shot, the country locked down and he could barely feed his family, little and look after his horse. —— borders shut. now tourists are coming back but nowhere near biggest debate. he does not think it is all president duterte's fault. translation: we president duterte's fault. translation:— president duterte's fault. translation: we got some government— translation: we got some government support - translation: we got some government support but - translation: we got some government support but it i translation: we got some | government support but it was not enough. we were content with your trotto before the pandemic. it was a tough situation for any president. plan was targeted at helping the poor by infrastructure, performing taxes, eradicating corruption and developing rural areas. growth started strong but plummeted due to the pandemic. it has picked up since but recovery will be tough. since but recovery will be tou~h. �* ., since but recovery will be tou~h.�* ., tough. among south-east asian countries. _ tough. among south-east asian countries, we _ tough. among south-east asian countries, we had _ tough. among south-east asian countries, we had the _ tough. among south-east asian countries, we had the worst - countries, we had the worst level of business closures in our country. that is compounded again by the global oil price can't —— heike, bringing prices of food up. —— hike.. the question now becomes how difficult will it be recovered the economy? is it sufficient to continue focusing on the build, build, build programme? it was the underprivileged in the philippines that would president duterte take into power. hoped he could change their lives. but even in this small manila neighbourhood, it has been deterred her�*s war on drugs that has taken priority, not economic problems, and when the economic hit —— and in hit, they lost entire livelihoods and now they are faced with rising prices with inflation at a three—year high. i rising prices with inflation at a three-year high.— rising prices with inflation at a three-year high. i know how to cook- _ a three-year high. i know how to cook- i _ a three-year high. i know how to cook. i had _ a three-year high. i know how to cook. i had some _ a three-year high. i know how. to cook. i had some restaurants in singapore. life to cook. i had some restaurants in singapore-— in singapore. life before the pandemic— in singapore. life before the pandemic was _ in singapore. life before the pandemic was decent - in singapore. life before the pandemic was decent for - in singapore. life before the - pandemic was decent for nathan, working in a japanese restaurant with stable income. once a deterred a supporter, he feels the war on drugs made the streets safer for his kids but then the pandemic hit analysis food online, conducting freelance cooking classes for clients —— duterte supporter. i believe duterte because he said i make all the employees to sign a contract, you automatically after six months are a regular employee. it never happened. still not. nathan and his young family soon have to find a new home. theirs is being torn down. hopes of millions like him now rest on the next leader of this country and they are praying this time the votes were counted. karishma vaswani, bbc news, manila. the arctic frontiers conference opens today in the norwegian city of tromso. the conference will discuss a range of societal, environmental and economic issues related to the arctic region. historically, the arctic was an oasis of international cooperation, but russia's invasion of the ukraine brought it to a halt. russia's aggression has led to the suspension of the arctic council — the main internationalforum for cooperation in the arctic, which russia was slated to chair until 2023. joining me now is anu fredrikson, executive director of arctic frontiers. welcome and thank you for being with us. the arctic is owned and governed by eight arctic stakes go talk to us how that works and how the war in ukraine is impacting on that —— states. ukraine is impacting on that -- states. ., ,., states. the reason, misapprehension i states. the reason, i misapprehension when states. the reason, - misapprehension when it states. the reason, _ misapprehension when it comes to the arctic that it is something inaudible and that is not true and it is always important to underline that the arctic is governed by the eight sovereign states. now, we are in a very severe situation where one of those state has attacked another country and that has led to the stop of collaboration in the arctic. what we are trying to do here is to gather the arctic family to discuss how we cover pathway forward from this difficult situation.— forward from this difficult situation. , ., ., situation. explain about the resources — situation. explain about the resources that _ situation. explain about the resources that are - situation. explain about the resources that are there - situation. explain about the resources that are there in l situation. explain about the i resources that are there in the arctic. and the capabilities to access the oil and gas.- access the oil and gas. well, the arctic — access the oil and gas. well, the arctic is not _ access the oil and gas. well, the arctic is notjust - access the oil and gas. well, the arctic is notjust about i the arctic is notjust about oil and gas. the arctic is notjust about oiland gas. it the arctic is notjust about oil and gas. it is one of the regions with the largest and automatic in terms of resources. we have a multitude of minerals, abundance of energy sources, notjust oil and gas but minerals, so this is an automatic create green transition that we are trying but what is important one thinks about the arctic, economic potential and resource potential is to be mindful of operating conditions in the arctic vary greatly arctic council operating in the region is not a straightforward thing as it could be in many other parts of the world.- as it could be in many other parts of the world. given it is remote. _ parts of the world. given it is remote. easy _ parts of the world. given it is remote, easy or— parts of the world. given it is remote, easy or otherwise i parts of the world. given it is l remote, easy or otherwise will it be to access the resources in a sustainable way?- it be to access the resources in a sustainable way? with the technology _ in a sustainable way? with the technology we _ in a sustainable way? with the technology we have _ in a sustainable way? with the | technology we have developed, it will be easier and easier but still, there are parts of the arctic with extremely harsh conditions where the resources will not be able, where one could probably not extract resources in a cost—effective and sustainable manner. resources in a cost-effective and sustainable manner. what are ou and sustainable manner. what are you hoping _ and sustainable manner. what are you hoping will _ and sustainable manner. what are you hoping will come - and sustainable manner. what are you hoping will come out | and sustainable manner. what are you hoping will come out of the conference? what are the key issues?— key issues? most important issue is that _ key issues? most important issue is that the _ key issues? most important issue is that the arctic - issue is that the arctic community gathers again and discusses how we manoeuvre forward from this extremely difficult situation. we are still facing a number of challenges that will not take course, even if the arctic council has inaudible operations, such as climate crisis, the societal challenges that we are facing of migration, etc.- that we are facing of migration, etc. that we are facing of miuration, etc. ., ,, migration, etc. 0k, thank you very much _ migration, etc. ok, thank you very much for— migration, etc. 0k, thank you very much forjoining - migration, etc. 0k, thank you very much forjoining us. - let's get some of the day's other news. sri lanka is in talks for emergency funding from a china—backed development bank. according to a statement from sri lanka's finance ministry, the asian infrastructure investment bank is considering granting $100 million in emergency support. the south asian island is currently stuck in a severe economic crisis. just last week, the finance minister said the country only had usable foreign reserves of $50 million. chinese premier li keqiang is warning of a complicated outlook for china's job market — that's according to a statement released late on saturday. premier li said government departments and regions should prioritise measures aimed at helping businesses retain jobs. the premier's directive comes as china's top leaders doubled down on the nation's covid zero strategy. the lockdown—dependent approach has resulted in a sharp contraction in economic activity in april. stay with us on bbc news. still to come: why does remain so difficult for women to get into leadership we'll examine a new report. the pope was shot, the pope will live — that was the essence of the appalling news from rome this afternoon, that, as an italian television commentator put it, terrorism had come to the vatican. the man they called the butcher of lyon, klaus barbie, went on trial today in the french town where he was the gestapo chief in the second world war. winnie mandela never looked like a woman just sentencedl to six years injail. the judge told mrs mandela there was no indication - she felt even - the slightest remorse. the chinese government has called for an all—out effort to help the victims of a powerful earthquake — the worst to hit the country for 30 years. the computer deep blue has tonight triumphed over the world chess champion, garry kasparov. it is the first time a machine has defeated a reigning world champion in a classical chess match. america's first legal same—sex marriages have been taking i place in massachusetts. god bless america! cheering. this is bbc world news. the latest headlines: russia is to stage its annual victory day parade but it's condemned for its agression against ukraine. millions of people are voting in the philippines as the country chooses its next president. the value of bitcoin continued to fall over the weekend as it dropped below $34,000, according to the coinbase cryptocurrency exchange. the world's largest cryptocurrency by market value has now fallen by 50% since its peak in november last year. joining me now is mike coop, cio for emea at morningstar investment management. to what extent is the fall linked to the slide in stock markets around the world? the story with _ markets around the world? tie: story with bitcoin is about the rising cost of capital. along with bitcoin specific factors like registry corrections, but let's start with the rising cost of capital which is affecting all assets. when money is cheap, and you can borrow freely, that is a boon for speculative assets, and if we look back at history we can see this has happened many times, it happened in the 19905, times, it happened in the 1990s, after rates went down low and when rates rose and were sold off, 94, we saw in 1999 when rates were really low, and money was widely available. and that resulted in cheap funding for speculative assets, at that time it was tech start—ups, this caused of capital is really important it is affecting all assets, but it's especially affecting most speculative assets where money has been borrowed to buy. more recently the _ has been borrowed to buy. more recently the market _ has been borrowed to buy. more recently the market has - has been borrowed to buy. more recently the market has seen i has been borrowed to buy. more recently the market has seen an influx of professional investors, are they ditching it now for safe havens?- investors, are they ditching it now for safe havens? well, the professional — now for safe havens? well, the professional traders _ now for safe havens? well, the professional traders want - now for safe havens? well, the professional traders want to i professional traders want to look at whether other investors are enthusiastic about an asset and they can trade it up, so when you get this turn on the market psychology, then, that wave that drove the prices up can equally drive them down, as people only think about what has happened in the last three months and focus on that, continuing to happen. so the momentum has certainly swung against it, with that backdrop you have also got ongoing crackdowns in india, and in china. ~ . crackdowns in india, and in china. . , crackdowns in india, and in china. ., , china. we have seen in the past two years _ china. we have seen in the past two years bitcoin _ china. we have seen in the past two years bitcoin become - china. we have seen in the past two years bitcoin become legal| two years bitcoin become legal tender for two years bitcoin become legal tenderfor two two years bitcoin become legal tender for two countries, could just drop impact how other people feel about it? it is a niche area, does it affect anybody else, the general public? anybody else, the general ublic? ., , anybody else, the general ublic? , anybody else, the general ublic? ., , , public? so, there has been some anal sis public? so, there has been some analysis done _ public? so, there has been some analysis done on _ public? so, there has been some analysis done on how _ public? so, there has been some analysis done on how widespread it has become, —— begun even in the uk, and people have dabbled with it. if you were early you had good experiences and felt like it was carrying on with, if you join the party in the last 12 months he probably had a different experience.- a different experience. mike, for now thank _ a different experience. mike, for now thank you. _ women face a race to the top, with a limited window of opportunity to reach leadership roles with their best chances being condensed to the first 10 years of their career. that's according to new analysis of the global labour market from linkedin which has looked at women's paths into leadership positions and how their career trajectories differ from men's. during the first decade of their career, for every woman that makes it into leadership, 1.8 men make it and women account for less than a third of leadership roles in most countries. joining me now is karin kimbrough, chief economist at linkedin. nice to see you, it's a bit depressing isn't it?- nice to see you, it's a bit depressing isn't it? the global leadership _ depressing isn't it? the global leadership gap _ depressing isn't it? the global leadership gap continues - depressing isn't it? the global leadership gap continues well| leadership gap continues well dried i'm afraid, we see it across most countries and most sectors, even though sectors where women are pretty well represented like education and healthcare. i5 represented like education and healthcare— represented like education and healthcare. , , ., ., healthcare. is this about women leavin: healthcare. is this about women leaving full-time _ healthcare. is this about women leaving full-time work _ healthcare. is this about women leaving full-time work to - leaving full—time work to become mothers? it’s leaving full-time work to become mothers? it's really a matter of— become mothers? it's really a matter of women _ become mothers? it's really a matter of women the - become mothers? it's really a matter of women the first - matter of women the first decade, they are able to focus almost exclusively on their career, in the second decade, family matters come into play and suddenly they are juggling, and suddenly they are juggling, and often need to take a career break course it back or slow down, move into a slow lane and that career break seems to be a bit catastrophic for their advancement. it would be nice if we had more flexibility in these career breaks could be more normalised and that's one of the things we want to see at linkedin. �* i. , , , linkedin. are you surprised we haven't seen — linkedin. are you surprised we haven't seen it _ linkedin. are you surprised we haven't seen it yet, _ linkedin. are you surprised we haven't seen it yet, we - linkedin. are you surprised we haven't seen it yet, we have i haven't seen it yet, we have been talking about this forever and the situation doesn't seem have changed much over the past decade or two?— decade or two? doesn't feel like it has — decade or two? doesn't feel like it has changed - decade or two? doesn't feel like it has changed enough, | decade or two? doesn't feel i like it has changed enough, we are starting see parents of all genders taking breaks and parental leave, so it is slowly getting better but i'll tell you, by far women are still the women who most seek that flexibility, they are 25% more likely to look for another role and when you ask them eight out of ten would like more flexibilityjust on the day in terms of when they start and finish. so it still is a problem for women, predominantly. problem for women, redominantl . ~ . , predominantly. which countries erform predominantly. which countries perform better, _ predominantly. which countries perform better, it's _ predominantly. which countries perform better, it's not - predominantly. which countries perform better, it's not bad - perform better, it's not bad everywhere?— everywhere? it's not bad everywhere _ everywhere? it's not bad everywhere but - everywhere? it's not bad everywhere but even - everywhere? it's not bad i everywhere but even where everywhere? it's not bad - everywhere but even where it is the best it's not great. third of leadership roles are held by women in sweden or the us, but in germany, it's only one out of five women, that hold a leadership role. d0 of five women, that hold a leadership role.— of five women, that hold a leadership role. do we know what's making _ leadership role. do we know what's making the _ leadership role. do we know| what's making the difference leadership role. do we know. what's making the difference in the countries where women are detaining leadership roles, at a successful rate? i detaining leadership roles, at a successful rate?— a successful rate? i wish we had the full _ a successful rate? i wish we had the full answer - a successful rate? i wish we had the full answer but - a successful rate? i wish we had the full answer but it i had the full answer but it seems to have something to do with the ability of women to have a critical mass, of other women in their cohort, the more women in their cohort, the more women actually professionally full—time working, the better they —— the better chance to see some of them make it to the leadership around copy by far there is no clear answer, just seems we need a lot more stability, that's one of the things we have been trying to encourage on our profile, you can show you have taken a career break and it doesn't have to be catastrophic. share have to be catastrophic. are ou have to be catastrophic. are you getting _ have to be catastrophic. are you getting the _ have to be catastrophic. are you getting the sense the pandemic may impact this and there may be a lake with the figures, now we have seen everybody having to work remotely it seems to be normalised and maybe will impact on the ability for women to be in those leadership roles at an older age, relatively speaking? i at an older age, relatively speaking?— at an older age, relatively s-ueakin? ~ ., ., ., speaking? i think you are onto something. — speaking? i think you are onto something. i— speaking? i think you are onto something, i think _ speaking? i think you are onto something, i think we're - something, i think we're starting to the fact we go home, i'm at home right now and we are alljuggling families, whether a man or woman, parent or not, it is normalising that idea we have lives out of work and we can be expected to sprint forward other parts of the career and step back to manage family obligations. i do feel like slowly but surely it's getting better but i can't tell you if the data shows it. let's hope so, hope to speak to you in a year or so when there is an improvement with those figures. the long—running tv series about the time travelling time lord has revealed the new doctor. he was born and rebrand and best known for starring in the netflix sitcom sex education. we caught up sitcom sex education. we caught up with him on the back to red carpet. a new doctor on the bafta red carpet. ncuti gatwa was announced in the role shortly before today's ceremony and he said he was keen to do justice to the part. this role is an institution and it's so iconic and it means a lot to so many people, including myself, and so it makes everyone feel seen as well. it's something that everyone can enjoy, so i feel very grateful to have had the baton handed over mand i'm going to try and do my best. sex education, the netflix comedy drama that he's best known for, follows a group of young people exploring areas like sex and sexuality. gatwa plays the irrepressible eric. he was born in rwanda. his family came to the uk as refugees. he then grew up in scotland and went on to study drama before his big break came in 2019 with sex education. i don't want you to be hurt. his character being seen as aspirationalfor many viewers who felt that his experiences on screen mirrored many of this. there is the japan nick kay, scott —— stopped averages sliding their down 2.2%, taking cues from the weakness in the us where shares fell on friday, worries over inflation and likely aggressive federal reserve policy tightening. the hang seng also down quite a lot, 3.81%. brent crude up, there are stresses on oil, with those ongoing conversations about how the eu will cut its dependent is on russian oil, which is impacting on the markets. us markets and how they closed for friday, all down there, and the dowjones o.3%,. plenty more business stories throughout the day. you can reach me on twitter. hello. the weekend brought us plenty of dry and settled late spring weather. one or two showers on saturday for eastern england but sunday was dry pretty much across—the—board. this was the picture in bradfield in sheffield. a bit of fair weather cloud on sunday. a change in the forecast through the week ahead. it's looking more unsettled. windier, wetter too, particularly for western scotland. could be some rain by the middle of the week further south in england and wales where it's been very dry recently. back to monday morning. dominated by high pressure towards the east but far enough away to allow these weather fronts in from the north—west. rain spilling in across the west of northern ireland, and western scotland from the word go. that's going to edge its way south—east through the day. going to be quite persistent and heavy for a time in western scotland. the winds picking up with gusts of 30—40 mph. england and wales staying predominantly dry. things turning hazy as that high cloud spills in ahead of the weather front. 22 or 23 degrees, feeling warm towards the south—east. we've still got high levels of pollen, tree pollen at this time of year across england and wales but with the cloud, the breeze and rain further north, pollen levels are low or moderate. monday evening and overnight into tuesday, these weather fronts slipping further south—east, tending to fizzle out as they do so. a band of cloud, the odd spot of drizzle left for central and southern parts of england and wales first thing on tuesday. clearer skies further north but it's going to be a mild and frost—free day. a bit of a breeze on tuesday coming from west or south—westerly direction, just pushing the weather front slowly away towards the south—east. it could stay quite murky for much of the day down towards the likes of kent for instance. for the rest of the uk, a day of sunshine and blustery showers. they'll be most frequent in the far north—west. temperatures somewhere between 11—20 on tuesday. a bit above average towards the south. towards the middle of the week we are watching this developing area of low pressure. some uncertainty about the exact timing and track of it, but it looks like it will bring some rain to some southern parts of england and wales, moving from west to east. further north across the uk, sunny spells and again some blustery showers, particularly frequent for the west of scotland. temperatures 11—18, so a touch cooler in the middle of the week. bye—bye. good morning, welcome to breakfast with dan walker and sally nugent. our headlines today. a massive military parade in moscow to commemorate the end of the second world war — there are fears vladimir putin could announce an escalation in the war in ukraine. after sinn fein's historic election victory, talks will take place today to try and get an agreement on a devolved power sharing government for northern ireland. the kitchen table impact of the cost of living squeeze. there's been a hugejump in the number of households cutting back on food, or missing meals altogether. i'll take a look at what's going on. how manchester city showed no signs of letting their champions league exit derail their season, as they win again in the premier league.