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the price of oil on international markets is not high enough for them. oil and energy leaders are gathering again today in vienna for the latest opec summit. the biggest and most powerful player saudi arabia started this week with the news it s extending its voluntary output cut of1 million barrels per day to august. russia is making a similar move. but these cuts are failing to boost energy prices. why? jonathan robinsonjoins me now to explain he is global power & energy research director at frost and sullivan. just talk us through our oil is at the moment. just talk us through our oil is at the moment. oil, despite the cuts in production, at the moment. oil, despite the cuts in production, oil at the moment. oil, despite the cuts in production, oil prices- cuts in production, oil prices have stayed relatively low in what we have seen historically in the past year, 1.5 years. there are a few specific reasons for that. chinese demand, industrial out would, incre ....
biden. abrams battle tanks finally heading to ukraine. cnn s chief white house correspondent phil mattingly has the reporting. we are fully, thoroughly, totally united. reporter: a diplomatic break through with dramatic implications. the united states will be sending 31 abram tanks to ukraine. reporter: the u.s. tanks set to significantly expand ukraine s battlefield capabilities. it makes it possible for germany, but also other european nato allies to provide battle tanks to ukraine and that will significantly strengthen their combat capabilities. reporter: at the same moment europe s largest land war in 80 years is in its most after weeks of u.s. officials say it was untenable. the maintenance and high cost it would take to maintain an abrams doesn t make sense to provide that to the ukrainians at this time. reporter: their inclusion a demand from german officials in order to clear the way for delivery of their own tanks and to sign off on the german ....
ineffective. complaining that joe is not moving fast enough to respond to multiple crises rocking his administration. one liberal lawmaker telling cnn that the biden administration is aimless and hopeless. another saying it s almost like he is hiding. he has the bully pulpit and is either hiding behind it or under it. i don t know where he is. and the democratic strategists ripping into biden saying it s infuriating our houses on fire, and it seems like they are doing nothing to put the fire out. they are just watching it with the rest of us. and the usually sympathetic media also bashing joe biden. there is this sense that things are kind of out of control and he is not in command. we need joe biden to be present and to be a leader that meets this moments, i mean, do something i think is the point that people are saying. we are not giving folks anything to be excited about, and we don t have that fierce urgency of now. judge jeanine: and you know, things are ....
To still be here and were still fighting so while he is still fighting, we still fighting. Also, the latest in our collection blind date series, and this morning one labour and one conservative politicians sit down and took in. So for all our couples have got on but will politics get in the way . People are looking at me, talking about the community. I was in wilkinson is buying something about the other day and people said, i cant believe you are in wilkinson i said, i have to put things in my bin. I dont have people to put things in my bins hello, welcome to the programme. We until iiam. Hello, welcome to the programme. We untiliiam. We hello, welcome to the programme. We until iiam. We are live until iiam. So much coming up today on the show. We will be talking about the political song that you arent allowed to hear and why. The latest on the tickets for the one love concert in manchester to remember the victims of last weeks attack. And of course we have our latest in the series el ....
And World Business report. Va va voom the press are at the Geneva Motor Show taking in the latest models but despite Record Sales Profitability remains low in europe we find out why. And economic gloom for brazil as its set to reveal another year of recession. Politicians promise it will end but its already led to misery for millions of brazilians. Welcome to World Business report. Im sally bundock. Also in the Programme Shop shut we tell you why one of south koreas leading retailers is forced to close several stores. Details in a moment. But first, european carmakers are gathered in geneva for the annual motor show and they are celebrating record breaking sales figures. More than 15 million cars ....