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the economic stand off between russia and the west ratcheted up further today. the russian gas supplier gazprom told poland and bulgaria it was cutting off their gas supplies altogether from wednesday. gazprom has said what it calls unfriendly countries must pay for russian gas in roubles from now on. that s something eu states are refusing to do. joining me now is sunaina sinha haldea, global head of private capital at raymond james. of private capital what at raymond james. impact is this going to both what impact is this going to both countries are seeing the impact will be manageable. it is spring heading into summer, and demand from consumers and their countries is lower. this is a example of russia trying to happen as natural gas and oil supplies while it can. we know that most european countries are on our planet to give themselves russian and gas imports by the end of the year. and impulse. this is potentially a warning shot to the rest of europe. given that many
Business-headlinesBbc-newsRussiaGasCountriesResultsUkBulgariaViewersAround-the-worldParent-companyGas-supplies both men said talks were productive and repeated their stance that a default is off the table. to avoid that, though, they ll have to work out an agreement within the next ten days. my college michelle fleury explains. even before president biden met with house speaker kevin mccarthy, negotiators were once again around the table, trying to strike a deal to avoid a default. now, sources say the white house is now offering to keep spending flat from this year to next, while republicans they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june 1st is the hard deadline, when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. and there s another worry even if they do get a deal done in time, will rank and file members of both parties go for it? the impact of defaulting would
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