This past Sunday, President Biden defended his disastrous economic policy record in a rare interview during “60 Minutes.” He claimed that his critics have failed to put the nation’s exploding inflation in proper perspective. President Biden tried to downplay America’s inflation crisis that has seen.
Competition for it so even though the gas might be there, prices will go the gas might be there, prices will 9° up. the gas might be there, prices will go up, and that in itself is a form of rationing. companies and consumers, price goes up to a certain level, people might not be able to buy and that in itself is going to be a constraint on consumption. but it is very difficult to tell because we don t know how severe the winter is going to be. the supply situation is also difficult to predict. at this point, we are probably assuming it is going to be quite bad, it could be better, but there is no doubt there is a squeeze coming because we all know we are going to need the gas overwinter, but there is going to be much less of it than normal. potentially. thank you so much, i really appreciate your thoughts on this, thanks for your analysis. sport now, let s get for a full round up from the bbc sport centre.
Co operation but the uk will find it difficult, ithink, to co operation but the uk will find it difficult, i think, to input as much gas as it normally does during winter, which means that even though the direct dependent on russian gas is a small, 5%, they will be a follow on effect from the fact that russian, sorry, gas supplies in europe are going to be very scarce this year. it europe are going to be very scarce this ear. . , europe are going to be very scarce this ear. , , ., ., :, , this year. it is very alarming to be talkin: this year. it is very alarming to be talking about this year. it is very alarming to be talking about it this year. it is very alarming to be talking about it being this year. it is very alarming to be talking about it being like - this year. it is very alarming to be talking about it being like the - talking about it being like the hunger games here in the uk, is it a bit alarmist? how realistic is your forecast, your prediction? because, of course,
Surprise, what are some of the measures in place to sort of minimise any impact of that? the aood minimise any impact of that? the good news minimise any impact of that? the good news is minimise any impact of that? tw;e: good news is that even minimise any impact of that? tw9: good news is that even before minimise any impact of that? ti9 good news is that even before this shutdown that we are now seeing, aleksei whether flow will come back at some point, but let s assume it won t, inventory is in europe are already back to where they are supposed to be, in fact, in the entries are a little bit higher than we would have expected just a month ago so that is good news. the tough reality is that the only way that you can get out of this and mitigate this is that you have to save energy so europe is already now trying to save energy in order to have a little bit more in winter, and, you know, there are substitutes, lng, other sources of gas, but you can t substitute the entire source