european union leaders have agreed a compromise plan to block more than two thirds of russian oil imports. european council chief charles michel said the deal cut off a huge source of financing for the russian war machine. he added that it put maximum pressure on russia to end the war . european commission president ursula von der leyen praised the deal. i m very glad that the leaders were able to agree in principle on the sanctions package. this is very important, thanks to this council should now be able to finalise a ban on almost 90% of all russian oil imports by the end of the year. joining me now is janet mui, investment director, brewin dolphin. yesterday the oil price was up around $120 a barrel. what will this do to relieve the pressure on the oil price? this will incrementally support the oil prices, of course we also have the story that china is reopening shanghai so that will also put pressures on oil price. i think so far the supply from russia will be diverte
Representation in parliament are all on the list. We will speak to them injusta on the list. We will speak to them injust a moment. The former american soldier, Chelsea Manning, who passed thousands of confidential documents to wikileaks, will be released from a Military Prison today. Well speak to someone who campaigned for her release. Hello and welcome to the programme. Were live until 11am. Are you fat and fit . The bad news is there may be no such thing. Some doctors now reckon its impossible to be overweight without increasing your risk of future health problems. Do get in touch on all the stories were talking about this morning. Use the Hashtag Victoria Live and if you text, you will be charged at the Standard Network rate. In a moment well get the latest on Election Campaign here. First, though to the us, where the white house is denying reports that donald trump asked former fbi Directorjames Comey to stop an investigation into alleged links between an advisor and russia. Mr c
Abroad and their customers at home, but the more households are squeezed, the more difficult companies will find it to pass on these costs and thenit it to pass on these costs and then it squeezes their margins, squeezes their profits and if it stays like this, they are going to have to cut costs somewhere else in order to maintain profits and that is ultimately going to mean fewer jobs, lowerwages ultimately going to mean fewer jobs, lower wages and then we get the kind of counter if you like. ., ., ,., get the kind of counter if you like. ., ., ., like. you mention some of the mediterranean like. you mention some of the mediterranean countries, - like. you mention some of the mediterranean countries, you| mediterranean countries, you mention spain for example. spain also talking estimates when it comes to inflation stopping just how entrenched you think inflation currently is in the eurozone? it you think inflation currently is in the eurozone?- you think inflation currently is in
Warning not to raise taxes on business. she says help businesses deliver the growth and the jobs that we need, do not burden them with extra taxes. in particular as far as the national insurance rise is concerned, she says that is another hit to young people and those on lower wages. hit to young people and those on lowerwages. she hit to young people and those on lower wages. she talks about those recent hgv driver shortages we have been hearing so much about, she says thatis been hearing so much about, she says that is a direct consequence of poor pay and poor working conditions for drivers, that is meaning they are not entering the industry, causing so many supply problems. so instead they are proposing the solution will be a capital gains tax, a tax on wealth, ratherthan be a capital gains tax, a tax on wealth, rather than a tax on lower paid people. she said that could be enough to pay for social care that we have heard the prime minister tell us is so desperately needed. she said