Issueis and also, to be fair, this issue is notjust below skill. Have shortages of high Skill Specialist Skills in the uk as well. So having access to a smaller labour force doesnt help us here. In so we start with the energy smaller labour force doesnt help us here. Smaller labour force doesnt help us here. In the shortterm we have a help us here. In the shortterm we have a crisis help us here. In the shortterm crisis following another we have a crisis right help us here. In the shortterm we have a crisis right now help us here. In the shortterm we have a crisis right now with l we have a crisis right now with regards to lack of workers, chaotic day on your s energy markets. The wholesale price of whether it be drivers, working natural gas here in the uk in the farming sector, lots of set is desperately in need. Sword almost 14 . Just your thoughts on the impact yesterday, wednesday, to a new this is going to have on the uk economy in the short term . Record. It fell back sharply afte
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, increasing
oil supplies look to tighten from next month, after saudi arabia and other opec plus oil producers announce output cuts of about 1.1 million barrels a day. saudi arabia said the move was aimed at stabilising the market. well, oil prices are currently trading higher, after the move by 0pec+. this is the second time the cartel slashed productions. the group last did so in october, cutting output by two million barrels per day. jonathan robinson is global power & energy research director at frost and sullivan. this move by saudi was something of a surprise. the us publicly ruled out new crude purchases to replenish its own strategic stockpile. how much of a collision course does it put ridadh on with america? it is interesting because russia had cut its production separately in march so it suggests a bit of co ordination between russia and saudi arabia and clearly they want to put a floor under the price of oil and see it recovering to the side of $90 a barrel, where it has been
international monetary fund s chief economist pierre olivier gourinchas. the imf and the world bank are having their annual meeting in marrakech and later today, finance ministers from the 620 and central bank governors will be meeting to discuss the health of the global economy. according to the imf, global growth remains dampened by supply chain disruptions linked to the covid 19 pandemic and russia s war in ukraine, persistently high inflation, and spiralling borrowing costs. here s our economics editor faisal islam. the message from the imf for the 190 finance ministers and central governor business in marrakesh is that the world economy they hope had turned a corner after three years of rolling your clinical crisis. well, it is limping forward rather than sprinting forward now with geopolitical crisis. slowdowns in very specific countries like china that they had not expected. there is an additional worry about this new higher for longer interest rate world that mi
that the united states is responsible of many deaths and i can say that the united states and britain is responsible one hundred percent of all civilians killed in yemen because thanks to the fueling jet thanks to the drone. footage and. g. b. c. code in it and laser target on all the smart bomb the saudis will not be able to target areas across yemen so they are responsible hundred percent and we remember on the twenty sixth of march in two thousand and fifteen the saudi war in yemen was not declared from riyadh or united arab emirates or any other country that and that overshot the in the coalition it was declared from washington d.c. by the saudi ambassador then who is the foreign minister of the saudi just imagine that first of all it s declared from another country against a third country and to show you the total involvement of the united states and britain we re told our mainstream media in britain the years there is a war. for saudis involved really isn t britain i m