is spreading into the operation of solar energy and grass energy. example, this is the year of the past 2022, that is, of the total number of facilities commissioned in the energy sector, 80% were commissioned precisely from solar energy, wind, nuclear energy, hydro generation, so the balance will change today, the share of hydrocarbons in energy balance is somewhere around 80-81%. and after 20 years, according to analysts. uh, the reduction will be up to about 65-70%. the main share, there will still be hydrocarbons, but renewal will occupy its niche from the point of view of energy for the most part, as far as we are ready for this transition, as far as we correspond to everything that is happening from the point of view. e energy balance. in general, probably, few people know about it, but our russian energy balance. and probably one of the most diversified and cleanest of all balance sheets. for example, the share of coal in our balance is only 12%. and for example, in europe - this is more than 25% of the united states of america if you count,

so clean energy. and so germany, i think, as a leader, when it comes to solar panels in europe, some of the other european countries do pretty well. but of course, any country that relies on fossil fuels is probably not a leader, which is very unfortunate. for example, for australia, they have a lot of sunshine, but they also have a lot of coal. their coal industry has a lot of power, politically. and so they have slowed down the implementation of solar energy in this wonderful country. that should be one of the world's best countries for solar power. they don't have much. another place that doesn't have much of saudi arabia. again, it should be a wonderful place for solar energy, but this country is highly reliant on exporting crude oil. and so they haven't put the resources into building out solar that their climate would, which just that they should someday smart people in saudi arabia know that some day the oil will run out. and so they have been pushing for the country to get much more solar. and

just take the nominee for the office of energy efficiency and renewable energy for example. we would've loved to let him testify today since his office would be having to sign off on it. but as you can see that our two empty chairs at the department of energy was asked to come and they just again thwarted the request of congress. these a decision moving forward without the consent of the american people and then they won't even, answer questions from the american people's elected representatives. >> we hope they will appear and they can answer our questions. with that and without objection, all members will have five minutes -- five months to submit material. if there is no further business , >> i apologize. i don't know if i was waved in at the beginning. i would like to submit online for the record. >> without objections, so ordered. the subcommittee stands adjourned. >> watch video on demand any time on land at c-span.org and try our point of interest feature. use points of interest any time online at c-span.org. >> c-span is your unfiltered view of government. we are fun

big boss of web africa's largest renewable energy companies, energy et from the world bank and a leadingenvironmental campaigner. also on the show, i'm going to sit down with a moroccan government minister tasked with the mighty challenge of making sure everything is in place for this country to use abundant wind and sun trying to transform its economy. if you are joining wind and sun trying to transform its economy. if you arejoining me wind and sun trying to transform its economy. if you are joining me from around the world once again a big hello and a warm welcome to the show and it is certainly one here in morocco�*s capital of rabat. in fact, this is a country trying to make the most of its natural resources including some trying to solve one of the biggest problems on the planet, energy. that is because everyone wants more of it and of course you want to play less for it. as you know, the war in ukraine has led to big increases in energy bills at home as well as the cost of running a business and politicians are trying to work out where it's all going to come from in the long term.

so that makes solar energy a more efficient part of the energy system. but the other thing is it sounds kinda crazy kind of science fiction. but scientists are working on space based solar panel production. and some people estimate some experts estimate that a solar panel placed in outer space orbiting. the earth could produce 40 times more energy than the same solar panel on the earth's surface. and this energy would just be beams back to the earth. of course, there's no night in outer space, the solar panel can always be pointing at the song. there's no clouds, there's no rain. and so if right now it's a big f. but in the future space space solar power could provide us with a lot more efficient solar then today. and what kind of raw materials does it take to create solar panels? is it polluting to gather and mine all these various raw materials? they're very simple. they're made primarily for glass and also some metal. um, but the challenging part of solar panels is that they do use what are called some heavy metals. and not only or rare metals, not on

the big boss of one of africa's largest renewable energy companies, an energy expert from the world bankg moroccan environmental campaigner. also on the show, i'm going to sit down with the moroccan government minister tasked with the mighty challenge of making sure everything is in place for this country to enjoy the abundant wind and sunshine whilst transforming its economy. wherever you'rejoining me from around the world, once again a big hello and a warm welcome to the show — and, i tell you what, it's certainly warm here in morocco�*s capital of rabat. in fact, this is a country that's trying to make the most of its natural resources, including the sunshine, to solve one of the biggest problems on the planet — energy. that's because everyone wants more of it and, of course, we want to play less for it. as we know, the war in ukraine has led to big increases in our energy bills at home as well as the cost of running a business and politicians, they're are trying to work out where it's all going to come from in the long term. did you know that making electricity is the single biggest

the ceo of bloom energy will join us a talk about the new energy hydrogen can be a part of our battlelimate change. also a new bay area documentary reveals how shelter dogs play a huge role in helping veterans overcome ptsd. the producer of "by my side" we'll talk about the film. today, a long-awaited report identifying the 12 most common lung covid symptoms. -- long covid symptoms. joining us as a long covid researcher at ucsf and one of the investigators for the nih recovery program. thank you so much for joining us today. how do you define long covid, before we jump into this conversation? >> it typically refers to symptoms that a person experiences after a covid infection. these symptoms typically were not present before they had covid. and can continue for weeks, months or years after covid. kristen: is there a lengthy you have to hit before a doctor says, that as long covid? >> i think the consensus overall is that around three months is when people kind of sort themselves out into either experiencing improvement in their symptoms or having issues that could persist for months o

by moving over to a 100 percent clean energy decentralized, we can make energy big switches and we can bring those work under the line of property over that line. a green society would be an economy that has smart grid that has storage available to all the renewable energy generation. sources would also be society in which there is efficient and clean transport. passenger vehicles would offer transport as a service, not being a possession of any individual. and heavy truck would be using clean seals and find those cities would be clean. wyatt because they would have split the internal combustion engine into them. and cities would be organized into smaller communities, around food and enters at the beginning of the most just size of the decade in the history of human kind. this was all of us to understand that this has been challenging and will continue to be challenging. but we can do that, we can address climate change in a timely fashion. we can avert the worst just after as a prime of change. and in so doing, we can bring a much better quality of life for oil citizens of this planet

just take the nominee for the office of energy efficiency and renewable energy for example. we would've loved to let him testify today since his office would be having to sign off on it. but as you can see that our two empty chairs at the department of energy was asked to come and they just again thwarted the request of congress. these a decision moving forward without the consent of the american people and then they won't even, answer questions from the american people's elected representatives. i would be just as angry if they ignored it and a republican administration. the department of energy seem to rely on court-ordered consent decrees initiative by environmental groups on the basis for staying out of the same room today. let's get real. agencies avoiding accountability is the theme we have seen through this congress from this democratic administration. we saw last congress with the democratic majority as well. the reason for this behavior is the biden administration knows it is politically exposed and compromise. this is an uncomfortable hearing. we hear this from our

floating of show wind energy. the company's developing this part of the project are investing 300000000 euros. in 2023, the wind farm will be towed to a site, 17 kilo because of the coast with am the most is powers limited equal to just a 40 is of a nuclear reactors capacity that's floating also wind energy is a barrier of hype. unlike existing when you book, it could produce electricity 247, then they will. yeah. on there. for this traditional offshore wind farms can only be constructed in which is up to 50 meters deep. the placing platforms can be installed further away from the coast where the window stronger. these wind farms could be key to reaching top and you trying to to back to what fronds is taking bids to construct 3 commercial flights and also wind farms. and the 10 times the size of the pilot project, this economist agrees floating of a wind energy is promising yet questions and challenges abound. lonia is up in the front, should try to take the lead in this market. it's lagging behind in terms of bos

energy in the energy mix, and we should not shirk that responsibility, we should be happy. we are in a weird place right now because of really strategic things that happened between ukraine and russia. the rest of the world has kind of caught on to natural gas and caught on to what this looks like. we just have to get d.c. to act a little quicker. brigham: boards to the wise. thank you, sir, very much for your time today. we appreciate it. we know how busy you arcade i have personally been to your state several times and can vouch for how beautiful it is. rep. armstrong: is a great place to be.

energy in the energy mix, and we should not shirk that responsibility, we should be happy. we are in a weird place right now because of really strategic things that happened between ukraine and russia. the rest of the world has kind of caught on to natural gas and caught on to what this looks like. we just have to get d.c. to act a little quicker. brigham: boards to the wise. thank you, sir, very much for your time today. we appreciate it. we know how busy you arcade i have personally been to your state several times and can vouch for how beautiful it is. rep. armstrong: is a great place to be. come during the summer. the winter can get a little tough. brigham: mr. chairman, thank you. rep. armstrong: thank you. >> president biden is that to meet with congressional leaders at the white house tomorrow to continue negotiations on raising the debt limit. it is the second time in seven days that the same group will be on the road together following last week's oval office meeting. white house and congressional staff have reportedly been working behind the scenes to find common

that's not unique to renewable energy.he problem is -- you are starting to see this, nobody wants -- you thing it is hard to get a pipeline in western north dakota might try to get a high-voltage transmission line through a wealthy suburb on the east coast or the many you stick the shovel in the ground you devalue every building. we have to figure out how to do this and the answer seems to be a lot of times we will regulate it and they will figure it out. in this space, it is an currently dangerous. brigham: absolutely. i meant to ask, the natural gas ban, that got tossed out by the ninth circuit, stating federal primacy? will this have an effect outside the ninth circuit, is this the right ruling? rep. armstrong: let's see when the circuit splits. the ninth circuit has been a pleasant surprise for conservative politics the last couple of years. you are going to see more of this and this court is very william -- very willing to push back on administrative agencies. if you really want to see how they have forced this to hap

global energy crisis.e just showed the advantage of nuclear energy and, uh, in last year at the general conference rich a record number of countries and submitted an application with the intention of building their own power units. these are 50 countries of the world. and of these, 27 countries. these are the countries of the european union, including those countries of our neighbors, which not so long ago were against the development of this area of ​​activity, but indeed , these are precisely the competitive advantages that nuclear energy has - this is clean energy. this is a small fuel component. she just allowed it. i will already say this to switch nuclear energy to a new state of the art. and this is really such an advantage compared to traditional energy, of course, when it starts working, there will be more electricity at full capacity, but it is also important to consume our company in other areas. also included in this process. here, in your opinion. children are promising areas of the sphere tha

damon: if cheaper home energy systems are combined with more people demanding clean energy from their politicians, darling... ..then there's a chance many countries could be close to 100% renewable by 2040. what i can guarantee is that not only will i be an embarrassing dad... find news. ..but that natural disasters will increase their intensity over the next two decades. man: absolute chaos. woman: run, run! get out! run, run! man: god. oh, my god! woman: whoa! but what i now know is that we actually have everything we need on both a large and small-scale to power us through these disasters. and by building new grids, loads of people will get loads of jobs. - oh, that's good. - mmm. but what would be really great during this transition, velvet, is if the people who work in the fossil fuel industry are given support and funding for retraining in new careers. paid for by redirecting some of the $10 million a minute governments currently spend subsidising fossil fuels. what struck me about the microgrids is that the profits from the shared energy stay within the community and empower in

i'm sources of energy. we all know that fits mining is dangerous, but also that are the use of as to why people for themselves to band with my name might seem like the lights seem to be watched to replace it with an alternate and wireless walls of lightning, which is the village others, we have met women and makalya, who have g came cetera, and use north eastern. the state of america light is called a boat of the clouds. it's known as much water to drug beauty, as it is what it is. he went to the cool drive from the state capital. should the famous done, it's kara posey. this lip is a good right to hold mines. presidents of the area have depended on the mines for decades. satellite images to how far they extend across the east, kazi, east, gent, the and rest cause he goes, geologist and profess a division volley has been researching coal, mining you for more than 30 years. that going towards the mind with a little more protected mind. but we are going to the main area that 4 people on like self into use of

i'm sources of energy. we all know that fits mining is dangerous, but also that are, these are this for why people for themselves to band fits. my name might seem like the lights seem to be watched to replace it with an alternate and wireless pulse of lightning, which is the challenge we have met, women and makalya, who have g came cetera. in use ne, in the state of the light is called the abode of the clouds. it's known as much what it is, the drug beauty, as it is what it is human to the cool drive from the state capital shallow towards the famous dawn of care of food g. this liquid with red holes mines residents of the area have depended on the mines for decades. satellite images, to how far the extent across the east kazi east, genteel and rest, cause healed geologist and profess a division volley has been researching coal, mining you for more than 30 years that going towards the mine. but although not like they might what you're going to the main area that's for people like self into use of the gold ri

energy prices _ were? that this is certainly the case. energy prices clearly - were?his is certainly the case. energy prices clearly a i were? that this is certainly the - case. energy prices clearly a global issue with an impact on every single household and the news for people in england, wales and scotland is that new price cap comes into effect in july, it will mean lower bills. about £430 a year lower, just over £2000 lower a year for the average household. crisis is not over because what analysts are suggesting is that these prices will remain relatively high around the £2000 a year marked for certainly the rest of the year and possibly beyond. and the impact of that is clearly that it is much higher than it was a couple years ago and for households, that means they are going to have to continue trying to use less energy, trying to keep those bills down and of course we had a mild winter in the uk last year and we may not be the uk last year and we may not be the same in the winter to come, is that on a global level there has been warnings this week from qatar t

energy poverty. can you please explain for us what energy poverty means and why the content is a patchwork of access to electricity. and it's your poverty is a big problem in our continent. and then as you part, it comes from the 600000000 people in africa that do not have access to electricity, 900000000, that you don't have access to clean cooking. and even those that have some kind of electricity use, you'll see a lot of problems. for example, in johanna's exile, africa, we, i'm right now we're still seeing issues around locating and so the big cities use still sending adequate energy access. that is a big problem. we somebody that by we college and i get poverty, why we are resource reach, we have still energy pool, and that is an african problem that exists in this compliment today. a cop 27 in egypt concluded, and it was my estimation that many western leaders have effectively called on african states to abandon use of their own natural fossil fuels. please correct me if i'm wrong there, but gi

global energy crisis.st showed the advantage of nuclear energy and uh, last year at the general conference , a record number of rich countries and submitted an application with the intention of building own power units. these are 50 countries of the world. and of these, 27 countries. these are the countries of the european union, including those countries of our neighbors, who not so long ago were against the development of this area of ​​activity, but really, these are the competitive advantages that nuclear energy has - it just allowed clean energy with a small fuel component. i will already say this to move nuclear energy to a new level of development. and this is really such an advantage compared to traditional energy, of course, when it starts working, there will be more electricity at full capacity, but consumption is also important for our enterprises to other areas. also included in this process. here, in your opinion. children are promising areas of the sphere that will use more energy, and will w

the share of day or signal energy and global energy production is still just half a percent sofa near a fraction of the numerous di, assembled potential under our feet is being used. now that we understand what's your timeline as he is in india, we have our own on tab for 10. sure. for your lots of it. in the upper dr. mountains of lee, we have the very beautiful and the very famous hot springs and hot springs mean that there is a lot of on that the energy sources right underneath. it's a story of bigger advantages. i'm vigorous. the name lee is synonymous with dice and india because this entire northern region has, is all good mountains, fresh air, and examples of natural beauty everywhere. around 200 kilometers south of the town of lake is the valley of where the national government has noted these natural resources and identified huge potential for sustainable energy. luba has also sizeable rocks hot springs that send up gushes of hot steam from within the pulse like full spend your time and energy renewals. most of getting a lot of attention lately, including from a beach the cand

i'm sources of energy. we all know that fits mining is dangerous, but the offers that are the use of as to why people to, to themselves, to band fits my name might seem like the right thing to be watched to replace it with an alternate and wireless falls of lightning, which is the challenge, we have many women and make hardly all who have the games that are in use. north eastern, the state of the light is called the abode of the clouds. it's known as much for the drug and beauty as it is what it is. he went to the school, the drive from the state capital should long to work. the same is done of care of the v is liquid with rac hold of mines. residents of the area have depended on the mines for decades. satellite images to how far the extent across the east coast, the east gym and rest cause the geologist and prefer to division volley has been research and coal mining you for more than 30 years. yeah. going towards the mine, but although not like they might what you had went to the main area the people on li

generation g of some more energy already takes care overall and a 40 percent of kenya's energy needs. and the sector is drawing the largest plants in kenya, and for the month to the office is located in the unlikely of russia equal overcome pages of visits, the tombs of faith, the rise from house gate national park, and kenya, 6 notch ga several times has been built it will carry a $1.00 to $6.00. initial explorations were carried out and the risk founded in 1950. but it wasn't until the 1980s that the seats could be harnessed and technology has progressed a lot since you'll call ria plants generates around $800.00 megawatts of power under operated by launch the states and company tension. results manages cyrus carrying d. t has been with the phone to 35 years. he says more energy can now be produced, foster and for less, using smaller wellhead power plants, the bob blend. they went ahead, bob blend took on you and started within 6 months. the big brand behind us, you need that to 6 months. so if you are to have as many way to hit the di equal to the big black, you'd be able to read

energy -- steady, reliable energy to consumers. the technology to fully transition the united states to clean energy simply doesn't exist yet. all the green new deal anti-conventional energy policies in the world can't change that basic fact. if what the president's green new deal anti-conventional energy policies can do, however, is jeopardize our nation's energy supply and drive up prices for american consumers. americans know the energy price hikes of the biden administration all too well. from restricting oil and gas production to imposing tax hikes on conventional energy, president biden's energy policies have driven up americans' energy costs. but that will be nothing compared to what will happen if the president succeeds in choking off and drastically reducing conventional energy production. prices will soar, blackouts, brownouts, and calls for energy rationing will become commonplace, and our economic and national security will be in jeopardy. we're not at the point yet where we're experiencing blackouts and brownouts on a

her assault on american energy has contributed to soaring energy prices across the country.er efforts to block access to large swaths of the west has led to lost economic opportunities and her decision often ignore the law of the land. the secretary should be following the law instead of holding quarterly oil and gas lease sales. the secretary has held only one lease sale in two years instead of approving oil and gas permits on a timely basis. the secretary has doubled the length of the permitting process. instead of setting royalty rates at a level to boost oil and gas production. the secretary has raised rates to discourage production instead of doing everything in our power to increase america's energy security. the secretary is jeopardizing our energy security and at the same time, our national security. the sad fact is that the secretary's policies undermine even president biden's energy goals. world demand for copper is expected to increase by 300% by the year 2040. nickel demand expected to increase by 1900%. cobalt demand expected to increase by 2100%. much of this d

the security of our energy system has improved .ty is happening. to build better protected , and a large, large amount of repair work has been carried out, and now these repair works are ongoing, and i think that everything is in place so that, er, we will prepare normally until the winter period. but for this it is also necessary to equalize the financial condition of the energy companies. it is clear. thank you, volodymyr omelchenko, the director of energy programs of the razumkova center, was with us in the second part of our broadcast. in this hour, by the way, we will also talk about the financial condition, just what mr. volodymyr said and about security. because the preparation for the new heating season usually begins immediately when the current one ends. read more about it with oleksiy ryabchynym. what is the word about the financial condition of energy companies? our speaker will talk about the fourth, but also live on the air, we remind you that the tv channel team is happy to be with you until the sixth and we will also

way we need to reimagine energy so people benefit from this energy— energy so people benefit from thisnd the uk has a chance to be _ businesses, and the uk has a chance to be creating this entirely new industry — to be creating this entirely new industry. it's notjust ai but clean energy— industry. it's notjust ai but clean energy will— industry. it's notjust ai but clean energy will be huge.— energy will be huge. let's talk about food _ energy will be huge. let's talk about food prices _ energy will be huge. let's talk| about food prices because that energy will be huge. let's talk i about food prices because that is such a part —— big bout of inflation. this week we were talking to cindy mccain, here you will know having been married to the late politician john mccain was a huge politician for many years in the us but she is now the new boss of the united nations world food programme and we were able to speak to her from nairobi a few days ago. let's start with climate change affecting the entire world. and so that's number one. conflict has increased. the cost of food, as you just m

i'm sources of energy. we all know that fits mining is dangerous, but the offers that are, these are this for why people for themselves to band fits. my name might seem like the lights seem to be watched to replace it with an alternate and wireless walls of lightning, which is the travelers. we have met the women in makalya who have the games that are in use. north eastern, the state of the megabyte is called the about of the clouds. it's known as much for the to drug and beauty, as it is what it is here to the school the drive from the state capital. she longed to bridge the famous done of careful g. the slip is a good direct hold of mines. presidents of the area have depended on the mines for decades. so to load images to how far the extent across the east coffee east, genteel and rest, cause hill geologist and profess a division volley has been researching coal, mining you for more than 30 years that going towards the mind with a little more attractive mind. but you're going to the media that's on like s

they are renewable energy . solar energy. from factories to playing in our garden in terms of construction equipment, we are almost able to produce equipment, we have reached self-sufficiency, and this causes the approval of citizens to build renewable power plants . it supplies our country, it is good, now it will face a drop in pressure, saske, and the issue of production of petroleum products is good, considering the intensity of gasoline consumption that we had after the bagala corona , there are whispers that if the same intensity of energy consumption continues , i will have to import gasoline to mercy of the cost it is also open and packaging, this is probably large, which is based on upstream documents and should be discussed today in the council of stinging the summer season, it can almost be said that unfortunately it is done indiscriminately, now a part of this meeting will probably cover it, but from tomorrow we have the petrochemical exhibition, which was held by the mebleh oil, gas and petrochemical club in tehr

— in april as large increases in energy prices from a year ago drop out of— energy prices from a year the contribution should fall further _ the contribution should fall further. the level of the typical household energy bill is on the left and the _ household energy bill is on the left and the direct conservation of energy— and the direct conservation of energy to _ and the direct conservation of energy to inflation on the right. in the fourth — energy to inflation on the right. in the fourth quarter of this year if energy— the fourth quarter of this year if energy prices evolve as financial market — energy prices evolve as financial market prices now suggest we can expect— market prices now suggest we can expect the — market prices now suggest we can expect the typical household energy bill expect the typical household energy bitt to— expect the typical household energy bill to around £2100. that's still hi-h bill to around £2100. that's still high number but it is about 16% lower— high number but it is about 16% lower than the level a year before that when — lower than the level a

and it's energy policy, gas build, served as did europe's awareness of its energy dependence on russia. many spoke of a crisis, others were quick to point out a big opportunity. the push to move away from oil, coal, and gas, faster than expected to warn you. crane as a catalyst for the green energy transition. that was the idea. but this a plan of work. we investigated for years. europe has been hooked on the russian fossil fuels. in 2021. you got 40 percent of its total gas from russia, with an hop of russian sort like sports went to europe at a steady supply of coal moved from russian mines to european power plants. both together, europe bought about $100000000.00 of fossil fuels from russia, the year before, the invasion that left at prosperity dependent on a war monger. in this school, the, the old days taught not to put the old x in one basket. this is the bureaus executive director of the i a, an organization led by the energy ministers of rich countries. so you put all the x, you mom, basket and basket, and was it destroyed? and x that broke within a week of the invasion, his te

power plants off the grid and get out of nuclear energy for good. so many of your things that the country is making a huge mistake and you're not alone. meanwhile, many of the powerhouse nations are building new nuclear power plants, even japan. another milestone in the commercialization of china homes grow in nuclear technology president emmanuel mac cool, announced a plan to build up to 14 new nuclear power plants. nuclear power is the only carpentry energy source we have that can deliver large amounts of power, day and night. and even environmental as to traditionally anti nuclear, criticized germany's exit. i feel that it's a mistake to close them down in order to focus on cold. so was germany wrong to ditch nuclear power? the germans have always had a very special relationship with nuclear power. the the says purchase to us, move and local. but the movement spread quickly in the 7th leading to month long citizens and riots in the following years. and then change the channel capacity. it's radio to full out. also reach germany, which kind of cem

half a 1000000 households are expected to be powered by green energy that way. funding the energy from several turbines makes the system more efficient and prevents power loss. that's important. as the was said, it's green energy target to 40 percent by the end of the decade. so we will have to connect much more wind farms up the for sure, going forward. and this one is quite important because if we bring this together at one platform doesn't bring it up to a higher voltage level. it's the most efficient way to bring wind energy to shore. a few last adjustments then the baltic eagle is ready to be tow. it's towards offshore location with will now help with germany's energy transition plans. affordable green energy is possible with builds and technology. germany shipyards aren't equipped to build such platforms. there are a couple of countries that were a fairly early into offshore wind. so one of the expertise that we have in belgium is that the ability to build these kind of large platforms to prepare for them, to sail off and to bring to that, to, to, to see where they are then will

um, but me on the, on the bank off no longer increasing energy prices or even lower energy prices takes a while. and that's, you know, everyone getting in and you cannot mix textbook knows that it's going to take between 6 and 12 months before you really see the full impact of interest rates on the read economy and where we don't, you start to come there now and um, so this means we will still have to wait probably until the end of the year to really see the full impact unfolding of the rate hives that we already have gotten until today. you already mentioned the other effects of raising these interest rates, and that is the tightening credit conditions on the markets. is there any danger for european economies, especially those that already have trouble borrowing and continuing to raise these rates of the guard also implying that these rate hikes will not stop. as of course, there is a risk and i think for a long, long while the we have been arguing there are no adverse effects of the re type. of course the everyone borrowing money knows that there is an impact, a higher interest rates