eastern town of lyman in the donetsk region from russian troops — just a day after moscow annexed the area. the uk's biggest controlled explosion for 75 years as redcar steelworks is demolished. now on bbc news talking business. hello everybody. a very warm welcome to talking business weekly. let's go and take a look at what is on at the show. as winter draws in, in europe, how can the world to solve the energy crisis that is pushing up bills for households and businesses and posing a major threat to the global economy. europe's is trying to work out how it manages without russian gas, but the united states is the world's biggest producer and user of that fossil fuel.

so the us energy secretary tells me how the world can tackle an energy crisis that is threatening to knock the global economy of track. also on the show, india, one of the world's fastest growing economies. so can home—grown airline, vistara, can it cash in on soaring demand for flight, despite high oil prices? i'm going to check—in with its big boss. wherever you werejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, as the war in ukraine rages, one of the most noticeable impacts for the rest of the world continues to be the soaring costs of our energy. as europe approaches the cold winter months,

which typically causes demand for oil and gas to surge, millions, millions of households and businesses are worried about just how they are going to afford to pay their bills politicians in europe and across the rest of the world i trying to take action to limit the economic damage, but also come up with long term solutions. two numbers explain the scale of the problem. last year russia was the world's third biggest oil producer. and the second biggest producer of natural gas. much of that was exported to europe. it in fact, in 2020, russia was the source of the 46% it in fact, in 2020, _ russia was the source of the 4696 of all the coal used in the eu, 39% of gas, and 23% of oil. but europe doesn't want to buy it any more because it is funding russia's invasion of ukraine. however, when you take such a significant amount of supply out of the global market, of course there is less to go around, then as you can see here, the benchmark prices for oil and gas have both soared in the last year.

could it's one of the main reason is the global economic growth forecast has been cut from a to 3.2% for this year by the imf. and because energy is moved around the world unlike any other commodity, those increases have pushed up the cost of living everywhere. so that means that the cost of everything, from filling up your car, to heating your home, has gone up. the uk, germany, and spain are amongst the governments spending tens of billions because the cost of energy bills for consumers. so too is france, where despite a household energy bills being limited to a 15% rise next year, consumers in paris are concerned about making ends meet. translation: i am a little worried, because i depend a lot _ on electricity for heating. so we have no visibility, we have doubts not only for the coming winter but we feel that way for the later months too.

translation: we were worried about the rising prices that - are going to happen, so we needed them to be capped, with a 15% is enough, i don't know. we will see when the time comes. it's already not bad and we hope prices would go up more in the future. ——not go up. and these higher prices, we have already seen, mean the big energy companies are amongst the few winners from this crisis. in the first half of this year, five of the biggest western firms made a combined profit of more than 95 billion dollars. that is almost three times what they made the time last year. given that nearly $514 billion of support for struggling businesses and households has been committed to by the governments of the eu and the uk, it's little wonder they are looking to get hold of some of those profits. translation: there are windfall profits, excess profits _ which are made by energy producers who simply take advantage of the situation whereby the very expensive price. where it determines the price of electricity. therefore they earn a lot of money. so we firmly resolved

to change the market structure in such a way that these were profits no longer occur. all that they are skimmed off. white when it comes to the future, are working on plans to how their economy the future, are working on plans to how their econom— the future, are working on plans to how their economy without depending on russia. how their economy without depending on russia- the _ how their economy without depending on russia. the crisis _ how their economy without depending on russia. the crisis means _ how their economy without depending on russia. the crisis means that - on russia. the crisis means that despite the scars of the fukushima disaster, evenjapan is taking another look at nuclear and across europe radical measures such as turning off street lights and stopping the use of hot water in public buildings have become reality. public buildings have become reali . , ., , ., reality. this will have stoked an ener: reality. this will have stoked an energy crisis — reality. this will have stoked an energy crisis in _ reality. this will have stoked an energy crisis in europe - reality. this will have stoked an energy crisis in europe that - energy crisis in europe that continues to have huge repercussions. in response we move swiftly to have alternative supplies, accelerate the roll—out of renewables and start reducing gas demand to ensure european citizens are safe for winter. but we are still confronted with a profound mismatch between supply and demand on the energy market. but. mismatch between supply and demand on the energy market.— on the energy market. but, it's not

'ust on the energy market. but, it's not just eumpe — on the energy market. but, it's not just europe struggling _ on the energy market. but, it's not just europe struggling to _ on the energy market. but, it's not just europe struggling to make - on the energy market. but, it's not| just europe struggling to make sure there is enough energy to go around, there is enough energy to go around, the problem stemming from russia cosmic invasion of ukraine have been felt across the world, with governments from japan to australia and america trying to tackle soaring energy bills. the world's there is producer and use of natural gas is the united states. so i have been speaking to president biden�*s energy secretary about the world's biggest economy how it can solve the crisis. a real pleasure having you on my show, thank you for your time. jennifer can be start with this, the most obvious energy consequence of russia's invasion of ukraine is the phasing out of russian natural gas supplies to europe. so as the world's biggest gas producer, can the us do more to help? right world's biggest gas producer, can the us do more to help? right now we are exeorting — the us do more to help? right now we are exeorting at _ the us do more to help? right now we are exporting at record _ the us do more to help? right now we are exporting at record levels, - are exporting at record levels, except that we have one terminal down. it's our biggest, in texas, when that comes back on, it will increase our exports by an

additional 20% stock that should happen in november.— additional 20% stock that should happen in november. wheels are the us is the world's _ happen in november. wheels are the us is the world's biggest _ happen in november. wheels are the us is the world's biggest use - happen in november. wheels are the us is the world's biggest use of- us is the world's biggest use of natural gas, is there a way, therefore, that you think you can use less of it so that there is more to share with other parts of the world? �* . . , to share with other parts of the world? �* . ., , ., to share with other parts of the world? ~ . ., , ., , ., ., world? actually we are sharing at record levels _ world? actually we are sharing at record levels and _ world? actually we are sharing at record levels and we _ world? actually we are sharing at record levels and we will- world? actually we are sharing at| record levels and we will continue to break records. here is the thing, we are liquefying every molecule of natural gas where there is a terminal to liquefy it. we are using at full capacity, except for this one i mentioned is down, but that will be up in november. we are at full capacity for exports and we want to be helpful and we have met the goals that the president initially set forth, by early september in fact for this year, but we are going to continue obviously to be helpful so we can increase supplies to help in the price pressures are.— supplies to help in the price pressures are. supplies to help in the price ressures are. ., ., pressures are. you have led the way in caettin pressures are. you have led the way in getting the _ pressures are. you have led the way in getting the g7 _ pressures are. you have led the way in getting the g7 group _ pressures are. you have led the way in getting the g7 group of— pressures are. you have led the way in getting the g7 group of advanced | in getting the g7 group of advanced economies to impose a good price cap

on russian oil and a similar plan for gas, that is on the table. let me ask you this, without them being global agreements, and i me ask you this, without them being globalagreements, and i mean me ask you this, without them being global agreements, and i mean having the major users like india and china signing up, surely that means it will have a very limited impact. if president putin can still sell elsewhere?— president putin can still sell elsewhere? ., ,., ., president putin can still sell elsewhere? ., ., , elsewhere? the whole point of this is to limit the — elsewhere? the whole point of this is to limit the amount _ elsewhere? the whole point of this is to limit the amount of _ elsewhere? the whole point of this is to limit the amount of money - elsewhere? the whole point of this | is to limit the amount of money that is to limit the amount of money that is going to russia, so that we don't continue to collectively fund the war. if we have a price cap, among the willing, and others who don't sign on, the leverage has increased, to reduce prices for themselves. i would think that this will have the impact of reducing prices, the price that goes to russia, reducing the profit level and still allowing the world damn ad well to flow so we don't see spikes increases which we saw at the very onset of the war. president putin has said, we will not supply oil, coal, not anything

to countries that in prose price caps. with such a reduction to supply to the global markets not just make this whole crisis worse and continue pushing up prices? well, that is the question, the countries that do not sign on the price cap, the oil will continue to flow. and it does, as i say, leveraged to reduce their prices of purchase. we think that this is a smart way to be able to keep prices down so that we don't have people hurting this winter. $5 down so that we don't have people hurting this winter.— hurting this winter. as long as russian oil — hurting this winter. as long as russian oil and _ hurting this winter. as long as russian oil and gas _ hurting this winter. as long as russian oil and gas is - hurting this winter. as long as russian oil and gas is still - hurting this winter. as long as i russian oil and gas is still being exported, how do you stop it ending up exported, how do you stop it ending up in the hands of modern day traders who move it around until someone is willing to buy it? we know that these traders, they have reputations for being a very good at hiding the origins of these cargoes? that is really great question, an important question. it's something i think all of these countries are

looking at. we will make sure that this is not exploited by those who have real knowledge of how the system works. we know that our country as well as the eu and others who are looking at this are also pursuing strategies to prevent that from happening. the pursuing strategies to prevent that from happening-— pursuing strategies to prevent that from happening. the likes of china, india, in particular— from happening. the likes of china, india, in particular india _ from happening. the likes of china, india, in particular india by- from happening. the likes of china, india, in particular india by record l india, in particular india by record amounts of cheap russian oil, how do you stop the likes of those countries and their money flowing back to the kremlin, which is funding the war machine? yes, well unless they — funding the war machine? yes, well unless they just _ funding the war machine? yes, well unless they just like _ funding the war machine? yes, well unless they just like they _ funding the war machine? yes, well unless they just like they are - funding the war machine? yes, well unless theyjust like they are going | unless theyjust like they are going to do, they are independent countries, they will continue to purchase oil from russia at a discount. if there is a price cap, that really limits the amount of money that russia is able to extract, then it will increase the leveraged of china and of india and anyone else who wants to buy russian oil, it gives them the ability to

say, look, there is a price cap over there, we're not going to pay more than they are paying. so it's a mechanism that empowers them to lower their prices as well. therefore it limits the amount of money that putin is making that then turns around to finance this. recently we have had these major leaks from the military pipeline which was carrying russian gas to europe. the head of nato has called it an act of sabotage. who does the us government is to blame for that sabotage? irate us government is to blame for that sabotaie? ~ ., ., ~' us government is to blame for that sabotaie? ~ ., ., ., sabotage? we look forward to the investigation, _ sabotage? we look forward to the investigation, the _ sabotage? we look forward to the investigation, the results, - sabotage? we look forward to the investigation, the results, we - sabotage? we look forward to the l investigation, the results, we hope it's done expeditiously, it is highly unlikely that these incidents are coincidences. we think that it is a an act of sabotage and we are looking forward to hearing the perpetrator is. what you know, many or most are pointing the finger at russia? it seems that way, but again, we have to wait. indeed.

while we are — again, we have to wait. indeed. while we are not _ again, we have to wait. indeed. while we are not on _ again, we have to wait. indeed. while we are not on what - again, we have to wait. indeed. while we are not on what to - again, we have to wait. indeed. while we are not on what to do | again, we have to wait. indeed. . while we are not on what to do you think is the long—term future of these pipelines? do you think they will be fixed or is europe's use of russian gas now a thing of the past? i think russia has proven itself to be an unreliable energy partner. it used to be real damning reliable. no more. no country wants to take the risk of putting a significant amount of its energy demand to russia's supply. it is clear, in fact this accelerates the eu's push to become energy independent through clean energy. they are building up their own home—grown energy. i am here at the iaea conference, every country is looking at the risks associated with putting too many eggs in one basket or putting too many eggs in the basket of dictators and the volatility of the fossil fuels that flow from that. everyone is looking at how i can become energy

independent. we strongly sip jest that should be through clean energy and all countries are thinking that as well. ., ., . ., ., as well. you have chaired the global clean energy — as well. you have chaired the global clean energy action _ as well. you have chaired the global clean energy action forum - as well. you have chaired the global clean energy action forum in - clean energy action forum in pittsburgh and that was a meeting of industry leaders and politicians from around the world looking at future energy supply. i am wondering, is this crisis with russia, is it the catalyst that the world needs to really step up the transition to carbon free energy if we are going to meet the paris climate change targets? i we are going to meet the paris climate change targets? i think it absolutely accelerates. _ climate change targets? i think it absolutely accelerates. it - climate change targets? i think it absolutely accelerates. it is - climate change targets? i think itj absolutely accelerates. it is more than a catalyst, it is really propelling these countries forward. the united states having surpassed a very significant climate bill in the inflation reduction act, we are going to go to the conference of the parties in egypt next... in november, we will say, we have put our money where amount is in terms of our ability and our aspiration become energy independent through

clean energy, we are hoping that other countries do the same, many are already down this path, many have said this target of getting to net a zero carbon pollution by 2050 and that means investment in this sector. this sector is going to be $23 trillion by 2030. every country should be putting their stake in and trying to get a piece of that market, because it is a huge economic opportunity, any addition to clearly energy security imperative.— to clearly energy security imerative. ., , ., to clearly energy security im erative. ., ,~' i. i. to clearly energy security imerative. ., ., ,, imperative. let me ask you, you talk about too many _ imperative. let me ask you, you talk about too many eggs _ imperative. let me ask you, you talk about too many eggs in _ imperative. let me ask you, you talk about too many eggs in one - imperative. let me ask you, you talk about too many eggs in one basket, | about too many eggs in one basket, if i give you some examples. 46% of global uranium enrichment for nuclear power is in russian hands. recently the iaea warned that china has an 80% share of the solar panel manufacturing industry. so when it comes to moving to renewables, how can you ensure that the us and the rest of the world don't fall into a similar trap rest of the world don't fall into a similartrap as a rest of the world don't fall into a similar trap as a way that the fossilfuel similar trap as a way that the fossil fuel dependency on russia?

this is an excellent point, this is why... i have a counterpart in ireland, mr ryan, who says that no country has known in fact this move to clean energy, could be part of a great peace plan that's every country is energy independent and produces its own energy. so it's eggs are not in the basket of these petrol dictators or too reliant on fossil fuels that are so volatile that it hurts their citizens. the only thing you can be sure of is that energy costs with clean energy continue to go down, solar and wind are among the cheapest forms of energy now because of the drops in prices. the price of batteries, from storing clean energy, continue to drive exponentially. so we know that movement to clean helps the planet helps people's pocket books, help the economy and helps energy

security. the economy and helps energy securi . . ., ,, , security. let centre oil. the us is the world's _ security. let centre oil. the us is the world's biggest _ security. let centre oil. the us is the world's biggest oil— security. let centre oil. the us is the world's biggest oil producer l security. let centre oil. the us is i the world's biggest oil producer and backin the world's biggest oil producer and back in august you wrote it to seven major us oil refiners, urging them not to increase exports to europe and instead build up stocks in the us. as you know, critics say you are more interested in keeping us consumers happy with lower prices, head of november's mid—term elections than you are withstanding firm with europe in the face of russian aggression. which is more important? russian aggression. which is more im ortant? . russian aggression. which is more imortant? ., . ., ., , important? that characterisation is inaccurate- — important? that characterisation is inaccurate. we _ important? that characterisation is inaccurate. we want _ important? that characterisation is inaccurate. we want to _ important? that characterisation is inaccurate. we want to make - important? that characterisation is inaccurate. we want to make sure | inaccurate. we want to make sure that our citizens and our homes and businesses have the requisite supplies they need to get through this hurricane season which is upon us now in which people anywhere across the earth can see are hitting our country. we need to have enough security to be able to have our own energy independence. we are also exporting both oil and gas at record levels, because we want to be strong allies and we will continue to do so

both have to happen.— allies and we will continue to do so both have to happen. when you look at the big energy _ both have to happen. when you look at the big energy firms _ both have to happen. when you look at the big energy firms in _ both have to happen. when you look at the big energy firms in the - both have to happen. when you look at the big energy firms in the first i at the big energy firms in the first half of this year, bp, shell, chevron and exxon, they've tripled those profits can better the last time last year, more than $95 billion, should companies more tax? what i given how much financial difficulties families are in? and other countries are evaluating this, but we want to see this to have them lower the prices at the pump. we want to see savings... in fact oil has come down per barrel. we want to see a requisite amount of reduction at the pump so that citizens are not hurting. all tools are on the table, i went for profits tax i know has been considered by a number of countries, obviously the uk as well, we are evaluating. it what we don't want to see as an end result is prices at the pumps diminished so that people not hurting. what i had

you put as committees to reduce those prices at the pub? this is a question, it is a question, it is every market, oil is traded on a free market. we want to pressure them to reduce it, whether pressure is one thing about what they will want to call upon them as the american companies as good american citizens who are making huge amounts of profits. we don't want that huge amount at a profit to have triggering consequences either progression elite or elsewhere that will not be in their interest. we want them to be responsible and not be buying back shares instead of increasing production that will ultimately reduce prices because of increase in supply. all of that we are looking out for legislated tools as well as otherwise pressuring them. ., , ., them. let me end on this, venezuela, has the world's —

them. let me end on this, venezuela, has the world's largest _ them. let me end on this, venezuela, has the world's largest oil _ has the world's largest oil reserves, but it doesn't produce a too much, in part due to us sanctions. as it come now to reduce the sanctions? i’m sanctions. as it come now to reduce the sanctions?— the sanctions? i'm not going to get ahead of the _ the sanctions? i'm not going to get ahead of the white _ the sanctions? i'm not going to get ahead of the white house - the sanctions? i'm not going to get ahead of the white house on - the sanctions? i'm not going to get ahead of the white house on that. l the sanctions? i'm not going to get i ahead of the white house on that. on that point, thank you very much for your time. we really appreciate it. thank you so much. $5 your time. we really appreciate it. thank you so much.— your time. we really appreciate it. thank you so much. as we have been discussing. — thank you so much. as we have been discussing, soaring _ thank you so much. as we have been discussing, soaring energy _ thank you so much. as we have been discussing, soaring energy to - thank you so much. as we have been discussing, soaring energy to due - discussing, soaring energy to due process are a major cloud hanging over the global economy. few industries are exposed as much as aviation. it also plays a vital role in growing our global economy. india, it is on course to be the world's biggest aviation market by around 2030 and that path is matched by home—grown airline vistara. it only started flying seven years ago, but is aiming to adds to its 50 aircrafts as it seeks to find more countries. however, the challenges of high oil prices are threatening to inject some turbulence into its journey. something i've been speaking about with its chief

executive. it's a real pleasure to have your measure. thank you for your time. have your measure. thank you for yourtime. let's have your measure. thank you for your time. let's start with this because the big topic of my show this week is the global energy crisis and of course, as an airline, your airline crisis and of course, as an airline, yourairline and all crisis and of course, as an airline, your airline and all airlines are fuel prices, i very hard to deal with. it's for you, fuel prices, i very hard to deal with. it's foryou, it's fuel prices, i very hard to deal with. it's for you, it's your biggest cost, what percentage, let's start with that. let biggest cost, what percentage, let's start with that.— start with that. let the most airlines in — start with that. let the most airlines in india _ start with that. let the most airlines in india i _ start with that. let the most airlines in india i would - start with that. let the most airlines in india i would say i start with that. let the most i airlines in india i would say bits between 30 and li0%. that is the impact of the fuel cost. it similar for us as well.— impact of the fuel cost. it similar for us as well. has the situation it made ou for us as well. has the situation it made you look — for us as well. has the situation it made you look at _ for us as well. has the situation it made you look at alternative - for us as well. has the situation it | made you look at alternative fuels or the way you by your fuel? the revenue picture _ or the way you by your fuel? tue: revenue picture or or the way you by your fuel? tte: revenue picture or the or the way you by your fuel? "tt2 revenue picture or the fairs or the way you by your fuel? tt2 revenue picture or the fairs in india as well as international, have thankfully been coming up stop its been forced to do that because the fuel prices have gone up amongst other things. therefore a part of this cost increase is somewhat passed to the customer, but not

easily. as far as i fuel options are concerned, i think it is also a bigger question unsustainable is. we are looking at what else we should be doing. but we are looking at sustainable aviation fuels. itruiith sustainable aviation fuels. with ticket prices — sustainable aviation fuels. with ticket prices is _ sustainable aviation fuels. with ticket prices is going _ sustainable aviation fuels. with ticket prices is going up, does that affect demand?— ticket prices is going up, does that affect demand? ., ,, , ., ., ,, affect demand? thankfully not. thank our lucky stars- _ affect demand? thankfully not. thank our lucky stars. as _ affect demand? thankfully not. thank our lucky stars. as far _ affect demand? thankfully not. thank our lucky stars. as far as _ affect demand? thankfully not. thank our lucky stars. as far as india - affect demand? thankfully not. thank our lucky stars. as far as india is - our lucky stars. as far as india is concerned, demand has been consistent. a lot of factors have remained strong around 80% plus. to a large extent the consumer today understands that cost increase is kind of a given, so i hope it stays that way, but i don't know how long. in the last couple of years on we have been talking a lot about companies having to make cuts, because of the pandemic and subsequently what followed. you haven't done that, you have the opposite way, you have expanded. how did you manage to do that through what is a really tough time? tt’s did you manage to do that through what is a really tough time? tt’s a what is a really tough time? it's a of sleepless _ what is a really tough time? it's a of sleepless nights _ what is a really tough time? it's a of sleepless nights and _ what is a really tough time? it's a of sleepless nights and a - what is a really tough time? it's a of sleepless nights and a lot - what is a really tough time? it's a of sleepless nights and a lot of. of sleepless nights and a lot of hard work. but full credit to team, my employers, i have lots of them,

and my shareholders which supported us notjust and my shareholders which supported us not just for survival and my shareholders which supported us notjust for survival but and my shareholders which supported us not just for survival but the growth. so we had a fleet of a0 aircraft, aged operate 200 flights a day before covid, that is 25% over what we did pre—disease—mac. all of this was possible because the team literally was to make sure we expanded. notjust magically but internationally. it was in august 2020 when nobody would come in to visit, not much was possible and there were a whole list of regulations to travel up and down. but having done all the hard work and i'm thank for that now we are seeing the support from our customers. seeing the support from our customers-— seeing the support from our customers. , ., ,, ., ., customers. lets talk about the other challen . es customers. lets talk about the other challenges for _ customers. lets talk about the other challenges for all _ customers. lets talk about the other challenges for all the _ customers. lets talk about the other challenges for all the allies - customers. lets talk about the other challenges for all the allies that - challenges for all the allies that fly. just getting customers through the doors, we have the cost of living crisis, we have as we talked about the energy crisis, we have inflation soaring, we have central banks around the world

trying to come out that by increasing interest rates, making money more expensive. as the big boss and alan, i'm just worried, which one of those keep you awake at night? which one of those keep you awake at niuht? , ~ , , which one of those keep you awake at niuht? , ~ ,, ., ., night? everything keeps you awake at niuht. night? everything keeps you awake at night. ultimately _ night? everything keeps you awake at night. ultimately i _ night? everything keeps you awake at night. ultimately i go _ night? everything keeps you awake at night. ultimately i go back— night? everything keeps you awake at night. ultimately i go back to - night? everything keeps you awake at night. ultimately i go back to the - night. ultimately i go back to the same point. when you travel to man, it has been incredibly busy of the last six months wake cost has been rocketing, but passengers are still travelling, partially because they're coming out of this crisis and they haven't seen relatives and their friends and the pent—up demand is really working. there are corporate clients who are starting because they are realising you can't do anything of his uncles, so they have started to meet the clients and their partners. i think that will continue for the winter full stop thatis continue for the winter full stop that is my take. when you get through to the summer, depending on they winter goes and how much of an impact there is because of the energy crisis, many companies will start looking at belt tightening.

the aviation market has gone bonkers, you have the third—largest aviation market in the world, i believe, and correct me if i am wrong, you are about to overtake in the next couple of years the uk as the next couple of years the uk as the third largest aviation market in the third largest aviation market in the world. what is going on? you do have a population of over a billion, that does help doesn't it? thea;r have a population of over a billion, that does help doesn't it? they have the money to _ that does help doesn't it? they have the money to spend. _ that does help doesn't it? they have the money to spend. even _ that does help doesn't it? they have the money to spend. even if- that does help doesn't it? they have the money to spend. even if you - that does help doesn't it? they have| the money to spend. even if you look at it today, when you are worrying about pre—disease—mac, that used to be just likely to travel repeatedly. when you look at the percentage of indians travelling it's still pretty small. there is an immense upside. as time goes on, people get more confidence to travel, more disposable income and that numbers will increase. let disposable income and that numbers will increase.— will increase. let me in this, international— will increase. let me in this, international growth, - will increase. let me in this, international growth, is - will increase. let me in this, international growth, is a - will increase. let me in this, l international growth, is a huge focus for vistara, you have had seven new destinations international

destinations during the pandemic. london, frankfurt, paris, what is next for your airline? brute london, frankfurt, paris, what is next for your airline? we continue to crow next for your airline? we continue to grow stop _ next for your airline? we continue to grow stop we — next for your airline? we continue to grow stop we are _ next for your airline? we continue to grow stop we are going - next for your airline? we continue to grow stop we are going to - next for your airline? we continue to grow stop we are going to get i to grow stop we are going to get more 787 is, that will obviously be a big part of our club. we also going in the regional space, from bombay to abu dhabi. we there will be more such destinations as well for top international will be a big focus. domestically as well we have been adding destinations. we have added tourist attractions. the sky is the limit and... filth added tourist attractions. the sky is the limit and. . ._ added tourist attractions. the sky is the limit and... on that note, a real pleasure. _ is the limit and... on that note, a real pleasure. that _ is the limit and... on that note, a real pleasure. that is _ is the limit and... on that note, a real pleasure. that is it _ is the limit and... on that note, a real pleasure. that is it for- is the limit and... on that note, a real pleasure. that is it for this i real pleasure. that is it for this week but i show i hope you enjoyed it and don't forget you can keep up with the latest on the global economy on the bbc news website and the smartphone app. you can also follow me on twitter. you can get me... i was using.

hello there, after all the cloud and rain we had yesterday, today has been a more straightforward mixture of sunshine and showers. brisk westerly winds, we continue to see the driest weather crossed more sheltered eastern part of the uk. but if we look out to the west, this weather front is coming in from the atlantic and it will thicken the cloud and bring some rain across more southern parts of the uk tonight and into tomorrow. that thick clouds started to bring some rain before midnight into the south—west of england, that figure cloud will push some patchy rain east towards southern england and into south wales late on. keep damages appear but further north

west skies are clearer, those showers turn to fade away. winds are falling lighter and temperatures could be down to about 7 or 8 degrees. the winds will be lighter tomorrow for the london marathon which is good news, but there will be a lot of cloud and they could be some rain around, particularly in the morning. should become drier, maybe a bit brighter into the afternoon as well. this is where we have the rain first thing across southern england and into south wales. get out and heavy bursts of rain in the south—west of england in the morning was of a lot of that rain becomes lighter and more patchy as it thinks its way a little further south. way from here, lots of sunshine around, some patchy cloud and the odd lighter shower i think in the north—west of scotland. certainly fewer showers than today. maybe not quite as warm as today through the midlands and east of england, where averages of 17 or 18 degrees. it could turn pretty chilly overnight into monday morning thanks to that high pressure, it will get pumped into bodies where the prince coming in for the atlantic and many

places will start dry on monday. some early mist and fog patches across england and wales, otherwise some sunshine, cloud will increase across scotland and northern ireland, wind will pick up, gales and the north—west and this is where we will find some rain setting on it during the afternoon. away from here, is widely i8 during the afternoon. away from here, is widely 18 or 19 degrees. it is going to be an unsettled week. we will continue to see weather fronts piling on from the atlantic, they get so far and then they start to stumble and then they will push their way eastwards again later on. very unsettled week ahead and we some rain in the forecast, most days across the uk. there will be some centring around at times, but there will be some strong winds. at least it should be fairly mild. my

this is bbc news. i'm shaun ley, and these are the headlines at 4pm... large parts of britain's rail network grind to a halt as 50,000 workers stage a walk—out in the biggest rail strike so far. the action is getting stronger, and the public are behind us, so we are committed to it. we want a resolution. if the government can change their attitude, we can get a resolution very quickly. what we require is a change to discuss meaningful reform. we want to give our staff a pay increase, but it has to be self funding from within the industry because we can't afford to keep taking taxpayers' money. the ukrainian military says it has regained control of the strategic eastern town of lyman in the donetsk region