guest, ukrainian president is a political organisation but this years summit was dominated by economics that it was at the very heart of any news that the leaders discussed this weekend, ukraine and china. i will start with a crane. before the summit even kicked off on friday the us introduced a raft of measures targeting russia, 300 sanctions aimed at restricting moscow s ability to source battlefield materials. the uk then followed suit, having introduced an import ban on russian diamonds, copper, aluminium, nickeland russian diamonds, copper, aluminium, nickel and then the g7 leadersjointly aluminium, nickel and then the g7 leaders jointly agreed on a statement that said they would continue to impose sanctions, tighten them, and specify the need to crack down on sanctions and evasions, the use of third party countries as a loophole for russia to get around these restrictions. they also acknowledge the fact, separately to the joint statement that there would be a need to ut
organisation but this years summit was dominated by economics that it was at the very heart of any news that the leaders discussed this weekend, ukraine and china. i will start with ukraine. before the summit even kicked off on friday the us introduced a raft of measures targeting russia, 300 sanctions aimed at restricting moscow s ability to source battlefield materials. the uk then followed suit, having introduced an import ban on russian diamonds, copper, aluminium, nickel and then the g7 leaders jointly agreed on a statement that said they would continue to impose sanctions, tighten them, and specify the need to crack down on sanctions and evasions, the use of third party countries as a loophole for russia to get around these restrictions. they also acknowledge the fact, separately to the joint statement that there would be a need to utilise the so called outreach countries in the global south countries like india for example, because the sanctions put in place have hurt
volodymyr zelensky. amongst the issues discussed, china and the ongoing war in ukraine. nick marsh has more. the g7 is a political organisation but this years summit was dominated by economics that it was at the very heart of any news that the leaders discussed this weekend, ukraine and china. i will start with ukraine. before the summit even kicked off on friday the us introduced a raft of measures targeting russia, 300 sanctions aimed at restricting moscow s ability to source battlefield materials. the uk then followed suit, having introduced an import ban on russian diamonds, copper, aluminium, nickel and then the g7 leaders jointly agreed on a statement that said they would continue to impose sanctions, tighten them, and specify the need to crack down on sanctions and evasions, the use of third party countries as a loophole for russia to get around these restrictions. they also acknowledge the fact, separately to the joint statement that there would be a need to utilise t
Golden state are not being fair to us. Now he says he has plan to do something about it, potentially setting up a new battle between state legislators and Oil Companies. Scott budman heard from both sides. Well, this gas station and others here in the bay area up some 60 and 70 cents a gallon just in the last few days. Throughout california the average price of gas up 14 cents a gallon just overnight. These prices enough to get both drivers and politicians on both sides of the aisle angry. Angry drivers seems like the rest of the country has a way to figure out how to keep gas prices at a normal level, so that frustrates me. Reporter a angry politicians like governor gavin newsom. People are pissed off as am i about being ripoff by oil company. Reporter today talking about his recently created oversight body with power subpoena Oil Companies. The question he wants answered why the gap between gas prices in california and the National Average is now more than 2 a gallon. Asking about in
On big profits. We have comments from j. P. Morgan saying the slide and equities is part of a deeper correction. It is not over if you look at how yields are rising and strength of the dollar. Yen weakness has been kept in check by comments from the finance minister. We are seeing among japanese stocks that have been recovering, extending gains, not for racing losses. Singapore outperforming, you get the sense that those indices are benefiting amid the rout in the sector. Chinese tech is doing well. Divergence between the csi and the hang seng as one Bank Upgrades its call for chinese stocks. Haslinda it is from a low base. Ubs analysts have upgraded china and hong kong to overweight. Cutting taiwan and korea stocks to neutral, lets dig deeper with our equities reporter. Take us through the reasoning behind the move . Guest the key reason behind upgrading is resilient earnings. Msci china is trading at nine times. You look at the estimates there is better than the growth s p is suppose