bitcoin hitting record highs, the continuation of a rally that has been building for a couple of months. there are a couple of factors the mainstreaming of bitcoin. you may recall earlier this year regulators in the us open and investing opportunities attached to crypto currencies to more investors, and since then funds have been pouring into that. there was a report that huge figures have been raised. that has definitely increased things on the demand side. on the supply side, there is a 0n the supply side, there is a process called halving, part of the bitcoin protocol, only a certain number are issued, and once every four years, a reward for bitcoin miners, that number decreases. that may also have an impact on what investors think the supply will be. all of this i think you can safely say is leading to that craze for laser eyes, the meme that bitcoin fund is used when they are feeling optimistic about it. ~ . ., they are feeling optimistic about it. we will come back to
change. clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero? new licences for the north sea is not a change in government policy, we were expecting to see more. the oil and industry s estimates show production will continue to decline in the north sea no matter what the government policy is it simply because there is not as much gas and oil as 50 years ago when we started extracting. what is left in the north sea is mostly oil. this is mostly exported, so there is little benefit to our bills from more extraction and in a cost of living crisis bills are a strong priority for the public. it is a strange decision to approve more when it won t help with our bills because they can t move the dial on internationally set p
when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. that s why technologies like carbon capture and storage are important. but what is important is that we get the oil and gas in the best possible way, and that means getting it from here at home. better for our energy security, not relying on foreign dictators. better forjobs, for example 100,000 supported here in scotland. but also, better for the climate because if we are going to need it, it s far better to have it here at home rather than shipping it to from halfway around the world with two, three, four times the amount of carbon emissions versus the oil and gas we have here. so it is entirely consistent with our plans to get to net zero. the prime minister says that you can do both. jess ralston from the energy and climate intelligence unit says that the uk s green commitments are very popular among voters, and that it would make little sense for the govern
in this deal? first of all today, the kremlin spokesman - in this deal? first of all today, | the kremlin spokesman dmitry in this deal? first of all today, - the kremlin spokesman dmitry peskov said the announcement had nothing to do with the attack on the bridge linking the mainland at the crimean peninsula but it comes as no surprise of the russian authorities strongly hinting that they would not continue in the grain deal. just a few days ago president putin was shown giving an interview on russian television that said basically enough is enough and he was suggesting that russia would suspend its participation in this deal until its participation in this deal until its demands are met and what are those demands? well, russia has been complaining for some time there are obstacles to the export of its own grain and fertiliser, number one. number two as the russians have been demanding a russian bank that handles agricultural payments should be reconnected to the global swif
good evening. president biden s memory has been called into question after an investigation by a us prosecutor in to how he handled classified documents, after serving as vice president in 2017. the report found that mr biden had wilfully retained and disclosed material but said he will not face criminal charges. the report says that s partly because mr biden would likely present himself to a jury, as he did during his interview, as a sympathetic, well meaning elderly man with a poor memory. our north america correspondent john sudworth is in washington. not easy reading forjoe biden. it isn t, sophie. we ll come to the political ramifications of all this in a moment, they are significant, of course, but in legal terms at least this is a vindication for president biden. the report by a former trumpjustice department former trump justice department official find former trumpjustice department official find there is former trumpjustice department officialfind there is insuf