Top of the top stories here on the us. President Joe Bidens Administration says its reevaluating washingtons relationship with saudi arabia. It comes off to the opec plus group, which includes russia, ignored us opposition, and decided to cut oil output, which is expected to raise prices. From the beginning of the administration, since taking office to prison has been very clear that United States needs to leave a different sort of relationship with saudi arabia. He is said that from very early on. And i have said this last week when opec made the decision to align their Energy Policy with russias war, a war aims and against the american people. Further underscore is that reasoning to realign that relationship to reevaluate that relationship with saudi arabia. We are reviewing where we are currently right now and will be watching closely over the coming weeks and months as well. Been to National Monitor refund is painting a bleak picture, the Global Economy morning. That next year could feel like a recessions and many a growth full cost for next years been cut and blames factors including inflation and the ukraine war to 2023. Slow down will be broad based with countries accounting for a 3rd of the Global Economy expected the contract this year, or next, the 3 largest economies, the United States, china, and the your area will continue to stall. In short, the worst is yet to come. And for many people, 2023 will feel like a recession. Russia has continued to launch missiles at several regions of ukraine, including the southeastern city of zapper, asia, ukraine and Officials Say at least one person has been killed. G 7 leaders have gathered for a Virtual Meeting to discuss their unwavering commitment to ukraine. President Vladimir Zelinski as also group to supply keith with air defense wasnt Russian Foreign minister. So the lab room says his country will not turn down a meeting between president putin and president biden. To leaders held their loss face to face meeting at a summit in geneva. Last year a caught me in march, symptoms deposed leda. Ang sang, sushi to an additional 3 years in prison on charges of accepting a bribe. The decision extends her total prison to m 226. 00. He is. She is denied any wrongdoing. I massa says it successfully deflected the path of an asteroid for the 1st time. Its the test up 1st test of a Planetary Defense system to prevent a meteorite colliding with those. But headlines. News continues here now to 0 after the stream, statewood consulting back enough. We understand the differences and similarities of cultures across the world. So no matter what you see out is laura will bring you the news and Current Affairs that matter to you. How does in europe with i welcome to the stream, im josh rushing things going on for me. Ok. As russias war and ukraine continues, people around the world are suffering from a protracted Global Energy crisis. The secretary general, the un is called it an existential cost, a living crisis for hundreds of millions of people. Today we take a look at how people are affected by energy shortages, price increases, and what it will take to bring relief. But 1st, lets hear from one of our community members, tim de, museo, about how we got to this point. I think there are 3 things to consider when we think about the Ongoing Energy crisis. And the 1st is our structural reliance on fossil fuels as the dominant Energy Source in our economies. The 2nd is obviously the invasion of ukraine by russia, that increases risk and risk, its priced and to the market prices for energy. And the 3rd is very slow movement of most governments to d, carbonized economy. All right, so that was gems opinion, but we want to hear years to share your questions. Your comments right here in the youtube chat and be a part of this show. Ah, joining us from law goes is knows martin, bada mossey, a journalist and writer, a Foreign Policy to africa. Brief and in dhaka. Clintock are glom Muslim Research director at the center for policy dialogue and with us from edinburg. Simon frances coordinator of the end, fuel poverty coalition. Guys, thank you so much for joining me today. Were going to talk about the way the energy crisis. It seems to be the world was moving rather slowly from fossil fuels to clean energy or renewables. But the war and ukraine has really kind of exacerbated the, the slow speed that weve moved, that the worlds turned here. So was them, can you kind of talk to me about whats happening with the Global Energy crisis and the way its impacting different regions of the world . In fact, most of the economics in the world are dependent on the limited number of sources of energy. Because of the russian work, which is a major source of supply for world, particularly as well as the gas to lead. And because of sanction over russia, because of the most of the other part of the world are being suffering for example, supply adequate supply of petroleum. As a result, what happens is that do believe it like major countries depending on if limited the by sources, particularly in the country. And because of that the ice has gone up significantly and it has reached 203. 00 per battle. Now it is 96 and it has increased but 60 percent on why this can be managed by the deadlock upgrades who have had a good product to reserve and could use that research for the william at a higher price. But most of the loving countries have a limited part is, are facing a very big co well off, importing this higher price. Because for a bundle that is going to be like us, we are party depending on the going to stick. Guess the light and big ricky, we have all the important digital and l a g. And because of the product is that we are facing a travel called adequate amount of boxes. And thats why we are on a regular basis. Low, shady, now of electricity because hes happy guess how busy the industries happening. And this kind of guy is not actually taking bangladesh a lot. Most of the other countries are facing the same problem. Indonesia, by norma. Tom. Ben, italy is the word also facing the case of the problem, but the problem positive looking much at you, come back to bed of the did look well, you know, miles on i wanna show what its like actually entry, long and being with us. We have a bit of mash up a video here. Check this out to them. Ha, them put up in the evening. Nobody told us about the availability of kerosene. My mother and father did not eat any food because i was waiting in the queue as there is no kerosene to cook our food at home. Finally, they said there is no kerosene. See you go home, but i cant even go home because i have no kerosene to cook food. I am poor. I have to stay in the queue. I have nothing to eat. Everybody said, go home, go home, but i cant get by that. They are my mother. I dont, we are no candles and those are so he asked me to buy candles and per one bizarre. But i havent found them bear either. I cant light a candle at my shop in this low chair or batteries low, and theres no way to charge. So thats whats happening in asia, but im also want to talk about whats happening in africa. Look at this, this was sent in from dr. Angela lagossi, she is the United NationsDevelopment Program and gonna check out what she has to say around the world in 900000000 people without access to electricity. And unfortunately, 72 percent of those are in africa. The rise in Energy Prices is also pushing up food inflation and fuel costs. And this means that theres a 3rd crisis emerging. The cost of living crisis, which could push 71000000 people into poverty acquitted to the United NationsDevelopment Program, must have a massive investment in keen energy, as well as Energy Efficiency to disrupt the Global Demand proposal fewer. So the developing countries will be able to achieve the target of providing clean and Affordable Energy for all by 2030. So, so knows much he was saying the 72 percent of the people in the World Without electricity are in africa. But youre joining us from logos, nigeria produces a ton of oil and gas is a situation better there. Whats happening . Not at all and about half of nitrous population actually have no access to electricity. And one of the, the major problems that nigeria has is that it, it exports crude oil and then import refine doyle. So its still faced with the same kind of a high Energy Prices, because technically its still importing and its out sort of finished oil. And there are fewer refineries in, in our, the country. And thats what are the, are the major challenges. Another problem is that nigeria has been facing a lot of feel fast. At the moment yesterday, the Nigerian Petroleum corporation announced that they had found 58 different tapping point full and for oil fast. And because of that it is not reaching it. So peg target say a nigeria is actually quite a resource rich her seal pool or is it getting a higher dollars for the fuel is selling internationally. Amazon money . Does it make away its way back into the country . It is getting. Yeah. Yeah. So yes, the, the government is making a profit, the moment with, ah, higher price is that there is an issue of how much of that is actually filtered down and t in the people. And how much of that is actually spent on infrastructure one se, and its not just the old fast. Thats the problem. One is that the main issue is also is that it is not and put of investing the money that it makes into developing and maintaining pipelines. Now, i want to bring in another piece of video. This is actually from the president of the commission. Ursula vander william, and she talks about, basically the, the potent affect it. And whats happening here with the eunice need for oil. It is because of quoting and his war that the Energy Prices are high. Gas prices are high, electricity prices are high. That is the price he wants us to pay. So we have taken many steps in the past already to address the skyrocketing prices. Just to give you a figure, we have been able not only to get rid of russian coal overall, but also till the end of the year we will line down russian oil to 10 percent of what we initially had. And if you look at the gas supply, the biggest factor at the beginning of the war of all imported gas, russia had 40 percent. Now were down to 7. 5 percent within 7 months. Simon. So she said at the beginning of the invasion of ukraine, that the you depended on russia for 40 percent of its gas is now down to 7 and a half percent. Couple of questions. What does it mean in europe where you are, when they cant get the gas, but to what does it mean for the rest of the world . When europe, with a steeper pockets goes out and starts taking up more of the market . Well, i think the 1st problem is that this, this problem is not just as a result of the war in ukraine. This problem has been festering for a long time in europe, successive governments across constantly in the u. K. And across europe and not been enough to invest in Energy Efficiency measures. Thats a way of like reducing the use of gas and electricity over the longer term. And we have those measures that Many Campaign is right. Youre calling for them. We wouldnt have been so exposed to the volatility of the gas prices right now, because one of the biggest problems is that so much electricity in certainly in the u. K. But also elsewhere is general for gas fired power station. So were importing gas. So in, in that tricity, it sounds not because weve got enough renewables in europe that we shouldnt even need to do that yet. Again, successive governments have not gone fast enough towards renewables. So that means that were stuck in this position where were having to kind of stay increase prices. And i think for us, the biggest problem is that the poverty here is we guessing into, into windsor in the u. K. And, and across Northern Europe is that were going to see more and more People Living in cold, damp homes. And not me, if you have a preexisting health conditions. If youve got asked got lung conditions. If youve got cardiovascular conditions, if youre disabled, if youre out and the if youre young, you know all it, all these people are really badly affected by living in cold, damp homes. It makes preexisting conditions worse. Thats going to put more strain on the health center. It says as well, so were facing real challenges here because governments have not taken action in the past now, but you know, somewhat one mans crisis is another mans opportunity. I want to bring in antonio. Good terror as the un secretary general, who speaks up the morality of the profits that are being made on this issue. Cysts it is immoral for oil and Gas Companies to be making records profits from these Energy Crises on the back of the buddhist people and communities. And that the massive costs to the climate. The combined profits of the Largest Energy companies in the 1st quarter of the year are close to an end at a 1000000000 us dollars. I urge all governments to fix these excessive profits and use the funds to support the most Vulnerable People through these difficult times. So more than a terrorist, they are saying that government attacks Energy Companies hire. I want to bring in someone whos in the Youtube Channel right now. Watching this is richard w, who says government should give free solar panels, wind turbines, and storage batteries to every community to use whenever possible. Itd be the 1st step to breaking up the oligarch police. What do you or what should government do here was im how should they address us . Yes, i think it just, we heard about the big is that the government actually not asking partners on the renewables, the dog gates and the same is true for other developing countries. The goody bundle this week is over. He depended on domestic guests as well as for the l. N g and, and hes still a and hes also for other developing countries. So hope that countries are now it is focusing on the radio was, but basically still renewable is not considered as a major or the navy. All the energy crisis, if you can see that most of the crisis is generated because all it all over he, it all to force it. There is an opportunity for a hydro. Uh, lots of opportunities that did been definitely it will be much more orderly and put it much more bitter energy. Explore developing countries to tackle the status of situation. Unfortunately, even my country still got big thing that the situation we got over and the got we go continue with the same we as it has been focusing on the on the but we are, we are also think that how, how the water is getting to be getting longer and getting to be complicated and how its a challenge would be for a future and our security. So we think that the golf thats not only valid but in all that of lucky countries should be much attention by where shifting from from do radio. Those crazy and that is a good solution, better solution for this kind of complex, talking about global solutions. I want to bring in collude care, who is the director of the confluence advisory and cartoon sudan checked us out. Energy security relies on the availability of sustainability and the affordability of energy and open slate to move to car production. And thereby raising Energy Prices is going to affect the school quite clearly. Most amongst the effect countries that are already vulnerable to just the nomic. But governance shocks, its therefore very important, i think, for countries that are frankly going to be making a killing out of this latest move, set up the Global Trust Fund to ensure that countries and communities are able to whether the energy and security for the next few months if not on a longer term basis. So im in one of those countries that she refers to making a killing as norway. Do you see a governmental obligation for the countries who are the recipients of this when fall to set up something serious for to kind of a Global Security fun there that they can contribute to, to address these type of crises moving forward. I think that was a really telling problem because the sons are literally making a killing. You know, people are going to die because they cant afford to keep their homes will they can afford to charge respirators if theyre asthmatic. They cant afford to live a decent standard. And so yeah, absolutely. Mobile obligation, i think as, as the inspector generals that on these firms to really put the profits back into helping those the most in need. And i think whats really important to remember is that as profits all the way through the system. So you know, a unit of gas from the pipe is extracted to the point. Its delivered into somebodys house, lots and lots of Different Private Companies that are making a profit over trading that on trans, missing it. And you know, the profits run deep, deep through the whole energy market. So in the u. K, they introduced on the when full tax nowhere near actually as much as the when full taxes in other in other countries. So we need to see people really pushing in those when full taxes to help pay for the solutions that not just going to kind of help us get through the Current Energy courses. But also going to help us make sure that we are not susceptible to such