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Good morning, welcome to breakfast with sally nugent and dan walker. let s bring you up to date with everything that has been happening in ukraine overnight. hywel griffith is here with us. morning sally, morning dan. let s start with news coming out of the united states overnight president biden has warned that there are clear signs vladimir putin may be preparing to use chemical and biological weapons in ukraine. he said false claims by russia that ukraine had these types of weapons suggested it was considering using both. also suggesting that ukraine has biological and chemical weapons in ukraine. that is a clear sign he is considering using both of those. he ....
Happening in ukraine overnight. jon donnison is here with us. morning sally, morning dan, and to you at home, and we start with developments focussed on the south eastern city of mariupol, which has seen some of the most intense fighting and grimmest humanitarian conditions of this three and a half week long conflict so far. overnight, ukraine has ignored a deadline given by russia for forces to surrender the city and for residents to leave. moscow had said that it would open up humanitarian corridors if ukrainian officials agreed to lay down arms. ukrainians have rejected that demand and vowed to continue fighting. here are some of the latest pictures emerging from mariupol, these really give us a sense of the situation on the ground for the 300,000 residents without water, power, medicine orfood. we can see people digging graves in the streets in a city which has been virtually reduced to ruins, ....
Its inflation currently stands at a huge 20%. dan kemp is chief investment officer at morningstar investment management. good to see you. when you ve got a problem with inflation, you put interest rates up, don t you? not down. you put interest rates up, don t you? not down. good morning don t you? not down. good morning sally, don t you? not down. good morning sally, that - don t you? not down. good morning sally, that is - morning sally, that is absolutely right. that is the conventional wisdom that everyone ascribes to, that inflation is a very dangerous phenomenon on. once it takes root. we are hearing lots about inflation at the moment and what is happening in turkey is really a microcosm of the risks that people face around the world but there those risks are exacerbated because elsewhere in the world people expect independent circle banks to do the right thing, put interest rates up to deal with inflation and of course we are seeing the reverse, that there is pressure on the ....