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the international energy agency has revealed that lng now makes up 35% of europe s energy supplies, not far off the 40% contribution that russia made before it was sanctioned over ukraine. joining me now is ben mcwilliams, who s an affiliate fellow at bruegel. thank you very much for being with us today. what are your concerns about where gas prices could go if these workers do indeed strike? this is certainly a concern, but to be clear up front, nothing comparable to last year. the position we are in is that, as you mentioned, as russian pipeline supplies have been cut over the last 12 months, the eu and uk have become more dependent on liquefied national gas. natural gas. australia typically supplies asia. if it were cut to asian consumers, we would see asian consumers turning around and looking to qatar and competing with european buyers there, which would in turn have some knock on effect on prices. as it had last week, 40% increase from around 30 to 36 euros ....
provide hints of whether the bank of japan provide hints of whether the bank ofjapan will continue to remain an outlier and keep interest rates ultra low. earlier, spoke to fidelity international s catherine yeung, who told me china is facing a confidence problem. just this lack of confidence both within the consumption sector as well as the corporate sector. so if fact last friday we had july s m2 money supply and aggregate financial data released and it was marginally weaker than expected. so tomorrow, in fact, we have this element of operations all the expectations are for no cuts in the benchmark, generally speaking, we could see a slight increase in probability of a ten basis point rate cut. so again policy isn t going to outright change, it is going to be this continuing tweaking to be this continuing tweaking to be accommodated. be this continuing tweaking to be accommodated. tomorrow we will aet be accommodated. tomorrow we will get some be accommodated. tomo ....
not please the white house. the ag named david weiss the trump appointed u.s. attorney in delaware who has been investigating hunter biden four years has a special counsel giving them greater powers and more independence. david weiss requested the move. suddenly, constant coverage of hunter biden despite the media obsession with donald trump. hunter biden s plea-bargain on tax and gun charges spirit in him jail time fell apart. now weiss will probably take it to trial. even my devon archer testified next week that vice president joe biden joined 20 speaker phone calls with hunter and his associates and said the vp dying twice at a fancy georgetown restaurant for the first time the hunter scandal is getting too big for the media to ignore. i am howard kurtz, this is the mediabuzz . . howard: the media has been a prime target as the pundits are debating whether hunter biden story deserves more attention and now that question reverberates even more loudly. this is an i ....
government to try to do all we can to alleviate suffering. steve: meanwhile, lawyers from one law firm say they are nearly positive they know what started it. all evidence, videos, witness accounts, burn profession and equipment points to hawaiian electric s equipment, power company being ignition source of the fire. ainsley: more than two thousand structures damaged or destroyed only 3% of that area has been served so far. president biden is facing backlash for not yet commenting on this strategy despite being seen on the beach yesterday in delaware. that s right. on friday. here on fox & friends, we were speaking to will cain who was in mainland, u.s.a. and after the show yesterday. he flew out to maui. he arrived just a few hours ago. it s mid night there i know that your family has had a condo there on the west side of maui for decades now you see it after so much has burned. it s got to be heart breaking. will: i imagine what i will see, steve, when i get ....
guidance on whether or not the bank ofjapan will remain an outlier and keep its interest rates ultralow. i spoke to the international groups in china is facing a confidence problem within the consumption sector as well problem within the consumption sector as well as problem within the consumption sector as well as the problem within the consumption sector as well as the corporate l sector as well as the corporate sector as well as the corporate sector and we had the simply and aggregate and data and there was released and is marginally weaker than expected and tomorrow, we have this operation, the expectations don t have much cuts in the way generally speaking, we could see an increase in probability of ten basis points and policy is not going to have a change it s going to be tweaking to be accommodative. imilli it s going to be tweaking to be accommodative. it s going to be tweaking to be accommodative. will be getting extra data and accommodative. will be g ....