Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba
Of £115 million. Liverpool agreed a deal four million shy of that figure for the 21 year old on friday. But caicedo s favoured chelsea and they have finally succeeded with a bid after having a number of offers knocked back by brighton. Caicedo will become chelseas eighth signing of the summer. Theres been another coup for the Saudi Pro League. Brazilian star neymar is leaving Paris Saint Germain tojoin al hilal. The fee is understood to be around 90m euros, plus add ons. The two year deal is subject to the 31 year old completing a medical and all the necessary paperwork. It comes after it became clear neymar was not part of new coach Luis Enriques plans for the new season at p56. Solves a problem for ps6 because i dont think they really wanted name are there any more. Wanted neymar there any more. Also it is good news for the Saudi Pro League because amongst a number of star names clearly the move the move this summer, neymar is one of the biggest in football. Everton have released a
For the new season. Erik ten hag says Harry Maguire would be better off leaving Manchester United if hes not confident enough to battle for a First Team Spot at old trafford. Maguire is desperate for more game time and is keen on a move to west ham, but ten hag still belives he can still be important this season. Top centre back. He is the best for england, so why shouldnt he be the best for us . But he has to prove it. And when he is not confident enough to go in and fight, then he has to go, then he has to make the decision. But i am happy with him. Not long to go until the womens world cup semifinals get under way. Australia head into their last four tie against england having beaten them 2 0 away in a friendly back in april, ending the lionesses 30 match unbeaten run. They meet again on wednesday. That was a friendly game, and yes, we do take something out of it. But at the same time, we are into Knockout Games in a world cup, so it is a completely different game, and i think we wa
Direction that israel is taking. israel s current governing coalition relies on ultra orthodoxjews and religious ultra nationalists who represent fast growing parts of the population. as liberal secular israelis become a smaller minority, they fear the courts will no longer be able to protect their rights. experts warn if it happens, an exodus could be devastating. when the truly talented people, who carry on their shoulders the innovation and the economic development that this country is so dependent on, when they decide they ve had enough, then we could see a collapse, an economic collapse. this is the main square. i visit professor hoffman at the israeli hospital where he currently works as a foetal neuroradiologist. he says, like him, many medics now consider heading overseas. even now we have we have a shortage of doctors. so if, you know, even 5% will not come back, it will be a disaster. back at the big protests in tel aviv, the fight
This is the main square. i visit professor hoffman at the israeli hospital where he currently works as a foetal neuroradiologist. he says, like him, many medics now consider heading overseas. even now we have we have a shortage of doctors. so if, you know, even 5% will not come back, it will be a disaster. back at the big protests in tel aviv, the fight for the government to change track goes on at full volume. but another challenge is also building, with more israelis quietly planning an exit. yolande knell, bbc news, tel aviv. pakistan has a new prime minister, sworn in as caretaker after the term of shehbaz sharif s government