creon butler, a real pleasure having you on the show. thanks so much for your time. t with this? just how much of an impact are the current western—led sanctions having not only on russia but on the global economy? well, i think the first thing to say is that the west really had no choice but to implement what has turned out to be an unprecedented set of sanctions. but further to that, it's really the war that is having the impact on the global economy. now, if you look at particular areas, like the rise in energy prices, which has been very sharp, that's to some extent due to the reduction in the supplies of gas to europe from russia, which is linked to sanctions. but then also, if you look at the rising food prices, that links to the mere fact that you just cannot get food out of ukraine at the present time. so i think it's the war itself — sanctions are a factor — but it's the war itself. creon, how much of a problem are countries who don't follow the sanctions against russia to this whole process? it's clearly a factor. i mean, if you take china as an example, so