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i m stephen sackur. remember the tumultuous events in the early 1990s in eastern europe? from the wreckage of the soviet empire, a new, freer more prosperous region emerged anchored in the eu and nato. the european bank of reconstruction and development was created to foster that transformation. my guest today is bank president, sir suma chakrabarti. these days, many of his investment projects are actually in turkey, central asia and north africa. has mission creep undermined the values of the ebrd? suma chakra barti, welcome to hardtalk. nice to be here. would you agree with me that your bank has moved an awful long way from those early days and from its original mission? no, i wouldn t. i would certainly agree with you that we have expanded our geography, but i would say the mission is the same. private sector development, the creation of affective markets, we re still actually operating in our traditional region but because of the success of that business model, our ....
first meeting with donald trump. the us president is on his first foreign trip and he now attends that same g7 meeting, in sicily. global security, trade and climate change likely to be high on the agenda. many of the business pages are looking at a decision by opec to extend oil production cuts, to try and boost the price of crude. on news of the deal, the price slid downwards markets not happy the cuts didn t go even further. that s in the gulf news. working longer, and harder perhaps. the guardian business section has a report from the world economic forum saying the retirement age in leading developing countries eventually needs to rise. the idea is to try and ward off a so called pension crisis. apparent turmoil in the world bank, over the word and . the organisation s chief economist got on the wrong side of staff there, after he said he wouldn t sign off a world development report if and made up more than 2.6% of the text. that s in the financial times. le ....
So temperatures will be dropping here. but across east anglia and south east england, we ve got south easterly winds. the winds coming from a different area and, actually, it s going to get a bit warmer across those south eastern areas. so a real day of contrast weather wise on monday. i suspect it will stay quite damp for much of the day, though, across parts of northern england particularly in the north west and into northern areas of scotland, and at times rain for the north midlands, too. could be an odd patch elsewhere in wales, but otherwise it s going to be warmer across east anglia and south east england. temperatures 25, 26. 21! in cardiff, as well warm. but the air will be getting cooler for north west scotland just 11! in stornoway with a threat of a few passing showers. now, through monday night, that cold front pushes southwards, so eventually that cooler, fresher air will spread pretty much to all parts of the uk. temperatures more typically overnight 9 to 11 ....
Pressure setup, a big area of high pressure setup, a big area of high pressure to the east. we have got this run of south easterly winds from the near continent, which is why we are seeing those high temperatures. there is an area out in the north sea and that has brought more clout around through the mourning period and one or two spits and spots of rain. that is drifting northwards into central and southern scotland as we move through the course of the afternoon. it will stay fairly cloudy in the midlands as well. breaks developing, so they will be joining as well. breaks developing, so they will bejoining into as well. breaks developing, so they will be joining into the sunshine for the rest of the country like we see in the south east. it will feel warmer today away from the north east with highs of 17 or 18. wins will remain a light, still quite breezy in the south west into northern ireland and the western isles. overnight there will still be further showers dotted and around and ....