united states called the bankers on wall street. the current spike in gas prices is largely the fault of vladimir putin. republicans offer plenty of blame but not a single solution. they re not drilling. why not? you want to know why prices are so high? there are a number of reasons having to do with war in ukraine, destruction caused by the pandemic. bill: gas is down 50 cents over the past 30 days. every bit helps. currently sitting at 4.49 a gallon on average. still up 87% since the president took office. peter doocy starts the coverage from the north lawn. what s the explanation now? what we continue to hear from officials at the white house is that when prices go up for pretty much anything, it is putin s fault out of the president s hands. when the prices come down, it is the president s plans to thank and he deserves a lot of credit. and that is leading to new questions whether or not there is a double standard. there is no both way thinking here at all. i very m
International monetary funds 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 russias war in ukraine, persistently high inflation, and spiralling borrowing costs. Heres 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 might affect the bank