Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba
Of £115 million. Liverpool agreed a deal four million shy of that figure for the 21 year old on friday. But caicedo s favoured chelsea and they have finally succeeded with a bid after having a number of offers knocked back by brighton. Caicedo will become chelseas eighth signing of the summer. Theres been another coup for the Saudi Pro League. Brazilian star neymar is leaving Paris Saint Germain tojoin al hilal. The fee is understood to be around 90m euros, plus add ons. The two year deal is subject to the 31 year old completing a medical and all the necessary paperwork. It comes after it became clear neymar was not part of new coach Luis Enriques plans for the new season at p56. Solves a problem for ps6 because i dont think they really wanted name are there any more. Wanted neymar there any more. Also it is good news for the Saudi Pro League because amongst a number of star names clearly the move the move this summer, neymar is one of the biggest in football. Everton have released a
For the new season. Erik ten hag says Harry Maguire would be better off leaving Manchester United if hes not confident enough to battle for a First Team Spot at old trafford. Maguire is desperate for more game time and is keen on a move to west ham, but ten hag still belives he can still be important this season. Top centre back. He is the best for england, so why shouldnt he be the best for us . But he has to prove it. And when he is not confident enough to go in and fight, then he has to go, then he has to make the decision. But i am happy with him. Not long to go until the womens world cup semifinals get under way. Australia head into their last four tie against england having beaten them 2 0 away in a friendly back in april, ending the lionesses 30 match unbeaten run. They meet again on wednesday. That was a friendly game, and yes, we do take something out of it. But at the same time, we are into Knockout Games in a world cup, so it is a completely different game, and i think we wa
Also coming up in half an hour on bbc london. The mother of a seven year old who died after being electrocuted by faulty wiring at a Pub Near Romford is calling for stricter regulations. And coming up on bbc news. Paris Saint Germain agree a deal to sell brazil forward neymar to Saudi Pro League side al hilal for a fee understood to be over £77 million. Good afternoon and welcome to the bbc news at one. Two thirds of nhs cancer waiting time targets are expected to be scrapped in england in a move the Health Service says is designed to catch the disease earlier. Its thought that the nine current targets will be reduced to three. The proposals have been worked on by clinicians and have been out for consultation since last year. Some Cancer Charities, though, say more investment is needed in treatment capacity. Our Health Correspondent Dominic Hughes has the details. Nhs england says it wants to simplify and update cancer Waiting Time Standards following the advice of expert doctors. The