danny sriskandarajah, welcome to hardtalk. thank you, stephen. let's start with those two different ways of looking at what's happening to the world's poorest people. one in 20, almost, still suffering extreme poverty, even as global poverty rates decline do you think that the aid system is failing those people? well, let's just start with what's happening around the world at the moment. we think, for the first time since records began 30 years ago, there's actually been a rise in extreme poverty in the last 12 months. so the combination of covid disruptions, the war in ukraine, rising prices around the world, has actually led to a great reversal in that general decline in extreme poverty. hang on a minute. that's an important phrase — a "reversal". it could be a blip because it is important to emphasise that the overall trajectory of that graph on extreme poverty is very much downward. so if it's a 12—month thing, maybe it's a blip. well, i hope it will be a blip, but i don't think so. the signs are rather ominous. as you say, many of us who've