the finance ministry says fuel export throws by $90000000000.00 that comes as western powers. britain, severe economic sanctions on moscow. if it invade ukraine again. this is where much of russia is natural wealth comes from the oil and gas fields in siberia. the finance ministry says revenues from these 2 commodities exceeded expectations by more than 50 percent last year, bringing in a total of almost $120000000000.00. the biggest market is the european union. and that's something that wants to change. emit rising political attentions with the kremlin. right now. the 27, e. u. member states get more than 40 percent of their gas from russia. far behind in 2nd place comes norway, with amir, 16 percent. and in 3rd and 4th place algeria and cut out of other supply the rest german chancellor, all of sholtes met, norway's prime minister una scott stood on wednesday in berlin. if attentions with russia escalate, germany once norway to increase its gas output to make up for some of the shortfalls, this is 0 also put in c r. i see very great potential for future co operations and would like

the business is managed by the finance ministry. where's the civil society is managed by the whole ministry? and now this is a major discrimination. the procedures are done followed for financial irregularities. you want to use those words for business. have a procedure, whether it is income tax, whether it a service tag for that or do we do it? any other tax issues that are procedures that are follow? whereas for switches, id, under the ministry of the discrimination is that the 1st thing that have done today and it will read the 1st thing that is done is suspension. and the best example that i can get is the common but human rights initiative, which has been working on issues of what i see, which i've been working on, issues of late to information, which i've been working on, issues of prisons not working on their own, but working with the police themselves, working with the prison authorities, themselves, working with the legal authorities themselves, and they're having stopped. what have they done? what have they done? which is w

the business is managed by the finance ministry, whereas the civil society is managed by the whole ministry. and now this is a major discrimination. the procedures are done followed for financial irregularities. if i could use those words for business, have a procedure, whether it is income tax, whether it is service tax, but it would do at any does, i didn't actually choose dental procedures that i follow. what i was forced to which was id, under the ministry of the discrimination is that the 1st thing that i've done today, and it all read, the 1st thing that is done is suspension. and the best example that i can get is the common with human rights initiative, which has been working on issues of what i see, which i've been working on issues, all right, to information which i've been working on. issues of prisons, not working on their own, but working with the police themselves, working with the prison authorities themselves, working with the legal authorities themselves, and they're having stopped. what have they done? what have they done? which is wrong? if they're working, i think you ha

this is according to a statement coming from the finance ministry on tuesday. restrictions against foreign financial firms trading overseas will be. paul: trading has begun here in sydney. a couple minutes into it. already off about 2/10 of 1%. we have a staggered open. we will be watching rio tinto when that stuff begins trading. the boards of the mine in mongolia in a messily approving the commencement of underground operations. sustainable production expected and of 2023. the 2.4 billion dollar loan to the mongolian government will be waived. production going to be getting underway in rio tinto's giant mine in mongolia. exits turning positive after a sulky start shared higher by 2/10 of 1%. reflecting to some degree the crazy final hour we saw in u.s. markets. nikkei futures in positive territory. will recovering. we did see wti selling down earlier today any terms of a risk-averse sentiment should the russia ukraine crisis supporting gas prices at the moment. the oil price recovering. the aussie dollar a little stronger against the greenback. the big one we

the finance ministry also set to release its monthly fiscal support -- fiscal report and the economic reporting lg energy solution is likely the fed ipo price at the top of the range around 300,001. h -- 300,000 wan. haidi? haidi: and while investors may want to look for high-growth tear markets and long-term opportunities, age of frontier capital gives us top picks next. this is bloomberg. ♪ haidi: our next guest has more than 20 years investing. the company now runs with its large ship asia frontier fund returning over 50% last year. let's discuss the opportunities and bring in the ceo. great to have you with us. last year was a banner year for a lot of funds, including those with higher risk premiums. do you expect that this year, given that we do expect the path of tightening to begin pretty soon, where it hasn't already begun, that for emerging and frontier markets, it's going to be a bit harder to attract that investment? thomas: yes, good evening. the risk factor this year will be, again, a good year for frontier markets because, historically, frontier markets have a low correl

. -- the finance ministry is said to see the inflation rate peaking at 40% in the months ahead according to economist who attended a meeting. he said inflation may not fall below 30% until year end. turkey's cpi is 36.1% in december and the currency crisis in the lira could push it beyond 50%. global news 24 hours a day on air and on bloomberg quicktake powered by 2700 journalists and analysts in 120 countries. i am vonnie quinn. this is bloomberg. haslinda: vonnie, still ahead on bloomberg markets asia, look at southern ages investment landscape. we speak exclusively to the capita group's -- about opportunities in the region. and which sectors the firm is targeting. rishaad: we have another exclusive on the way, discussing supply chain issues and the path forward with precious shipping managing director thomas option. -- color -- khalid hashim. this is bloomberg. ♪ haslinda: this is bloomberg markets: asia. tracking -- the global supply chain. these are the top stories today. sees an unprecedented performance in the first quarter as many factories around the world raise to build up inve

almost 30 percent at $446000000000.00, while imports climbed by a 3rd, according to the islands, ministry of finance. and india has allowed imports of us pork for the 1st time adding to the $1600000000.00 worth of american farm products. if it's buying every year. u. s. like, or cultural secretary, tom vilsack says the steps signals positive movement in u. s. india trade relations doesn't feel good when they're buy from pork to beach. they're among the worst climate killers. cows. that's because they emit large amounts of greenhouse gas, methane, but people still want them meet and their milk. so far there's been no way out of that particular dilemma. but swift scientists believe they're on the right track. the substance could be the solution to the methane problem with cows. billions of tiny micro algae are floating in these vials. fabiani val and his team from this was competent center for agricultural research in barron are on the lookout for a very specific algae. one that tastes good to cows, and at the same time stops the process of methane production in the cow stomach. the amenities yandy, i

we asked the ministry of trade, who directed us to the ministry of finance, who told us to ask the central bank, which in turn said that data must be kept by the ministry of planning to get me out and was told that in fact, this issue of how much is imported is not our job. we only plan for the quality and legal important out of the organization for quality and standards monitors. goldsmith all over iraq. also, we have offices at border crossings and airports to guarantee quality and reduce smuggling. deep rooted corruption and a weak economy makes it easier for black market operators to move things across borders. diplomatic sources told out there are due to lack security crossings, and lawlessness is gold being smothered from neighboring countries. and europe, economic uncertainty leads to increase local demand despite the current could on the wireless pandemic. this bar of gold cost about $55000.00 in today's market because of iraq security. many families are investing in precious metals, rather than keeping their money in dollars or ocoee the nurse from glittering religious sites to im

he had previously worked in the ministry of finance before taking up top jobs in the african development fund, and serving as the deputy commissioner of the u. an economic commission for africa as prime minister him took over, saw a severe financial crisis during which inflation stored beyond 400 percent. but he still managed to end the civil conflict in various parts of the country with the you look the agreement of october 2020. he also successfully lobbied the u. s. and the world bank to remove the down from the list of sponsors of terrorism and convince global financial institutions to provide debt relief and economic aid. but in october, this year, the military led by abdel for hon. the to take over placing prime minister under house arrest and putting members of his cabinet in prison. a month later him duck was released and reinstated, after international condemnation of the coo, he then find a deal to form a government of technocrats sidelining political group. but many denise felt he had betrayed the revolution. his removal, as far as they're concerned, was the last fig leaf that

he had previously worked in the ministry of finance before taking up top jobs in the african development fund and serving as the deputy commissioner of the you and economic commission for africa. as prime minister ham doke oversaw a severe financial crisis during which inflation stored beyond 400 percent. but he still managed to and the civil conflict in various parts of the country with the uber peace agreement of october 2020. he also successfully lobbied the u. s. and the world bank to remove saddam from the list of sponsors of terrorism and convinced global financial institutions to provide debt relief and economic aid. but in october this year, the military lead by abdel for to helper hon. these a takeover, placing prime minister hm. duke, under house arrest and putting members of his cabinet, imprison a month later him duck was released and reinstated, after international condemnation of the coo, he then find a deal to form a government of technocrats sidelining political group. but many denise felt he had betrayed the revolution. his removal, as far as they're concerned, it was th

he had previously worked in the ministry of finance before taking up top jobs and african development fund and serving as the deputy commissioner of the us economic commission for africa in the as prime minister, hum doc oversaw a severe financial crisis during which inflation sort beyond 400 percent. but he still managed to end the civil conflict and r 4 with the jew, but peace agreement of october 2020. he also successfully lobbied the u. s. and the world bank to remove sudan from the list of sponsors of terrorism. and convinced global financial institutions to provide debt relief and economic aid. i put in october this year, the military lead by a bill fought the hand, but han staged a military takeover. placing prime minister hummed up under house arrest and putting members of his cabinet in prison. a month later, hum duke was released and reinstated, after international condemnation of the coup, he then agreed to form a government of technocrats and sideline political groups. but many sued meas, felt he had betrayed the revolution. anti military demonstrations have since led to t

. >> in the sense at the ministry of finance is -- and this bailout led by a consortium of companies,eing repositioned still as a state back asset manager, but pair down. streamlined. . this was set up in the late 1990's to dispose of the bad debt piled up at the banks in the wake of the asian financial crisis. and subsequent decades, it really branched out to other financial services, representing the largess we saw in the last couple of decades. earlier this year, the former chairman was convicted of bribery and bigamy and was executed. it is a far fall from grace for huarong but they will be streamlined. they have taken measures to return to its core businesses and also simple fight it's structure to reduce capital consumption and therefore hopefully increase returns. stock was suspended from trading in early april. that is when they spooked the markets and bonds started tanking. because it delayed its 2020 result. subsequently posted the $16 billion -- it has in its turnaround plan returned to profitability. but again, investors will probably approach this with more caution as hua

the number one shareholder is the ministry of finance. this is a key cornerstone of the debt restructuring. they may need some asset sales in an environment like this. they can't issue bonds at a reasonable price anyway. >> they were among the four big bad as it managers. they were one of the more aggressive buyers of debt through the bond market and it got them in trouble. they have a number of stakes that are still up on the chopping block. the selling block. >> what are you hearing? is it more pain to come for shareholders of this stock? >> they will lay out their plans. they said the priority will be on downsizing and streamlining on their core business. essentially for the government initiatives. as they want to not only still growth but they want to continue deleveraging and de-risking the economies. we will have to see if this reflection president all of the troubles at our own. chinese policymakers have made it clear what policy directives will be. how long before the economy responds and how long before the market responds? >> it

the central character is a high-ranking civil servant in the french ministry of finance.ferently in this novel is it is not as provocative as previous novels. not in the same way. the last couple of novels were about islam. it was much discussed and much debated. his last novel was about himself. it was a really disappointing rant about him not getting enough sex. this novel is slightly more delicate. this is a novel that takes the political thriller frame and juxtaposes it with a story about the protagonist's father having a medical incident. having to go into a nursing home. this leads to a big family drama. family melodrama and politicen thriller. it has a strange subplot about a zany terrorist organization that is attacking france and french interests around the world. what is really interesting about this novel is it is political in a different way. it is a deeply conservative novel. his previous books might have been a little bit more reactionary or inflammatory. it is not the politics we might be expecting. it is not the right wing style of firebrand ranting that w

we asked the ministry of trade, who directed us to the ministry of finance, who told us to ask the central bank, which in turn said that data must be kept by the ministry of planning. wise i let me often was told that in fact this issue of how much is imported is not our job. we only plan for the quality and legal important out of the organization for quality and standards monitors. goldsmith all over iraq. also, we have offices at border crossings and airports to guarantee quality and reduce smugly. deep rooted corruption and a weak economy makes it easier for black market operators to move things across borders. diplomatic sources told out there that due to lack security crossings, and lawlessness is gold being smuggled from neighboring countries. and iraq economic uncertainty leads to increase local demand. despite the current could on a wireless pandemic. this bar of gold costs about $55000.00 in today's market because of iraq security. many families are investing in precious metals, rather than keeping their money in dollars or iraqi dinars from glittering religious sites to important

he had previously worked in the ministry of finance before taking up top jobs in the african development fund and serving as the deputy commissioner of the you and economic commission for african as prime minister ham duck oversaw a severe financial crisis during which inflation stored beyond 400 per cent. but he still managed to and the civil conflict in various parts of the country with the juba piece agreement of october 2020. he also successfully lobbied the u. s. and the world bank to remove saddam from the list of sponsors of terrorism. and convinced global financial institutions to provide debt relief and economic aid. but in october this year, the military led by abdel for to help her hon. state a takeover. placing prime minister hm. duke under house arrest and putting members of his cabinet, imprison a month later him duck was released and reinstated after international condemnation of the qu. he then find a deal to form a government of technocrats pipelining political group. but many denise felt he had betrayed the revolution. his removal, as far as they're concerned, was the l

he had previously worked in the ministry of finance before taking up top jobs and african development funds and serving as the deputy commissioner of the un economic commission for africa. as prime minister hum duck oversaw a severe financial crisis during which inflation sort beyond 400 percent. but he still managed to end the civil conflict and r 4 with the jew but peace agreement of october 2020. he also successfully lobbied the u. s. and the world bank to remove sudan from the list of sponsors of terrorism, and convinced global financial institutions to provide debt relief and economic aid . but in october this year, the military led by a bill fought the hand berg, han staged a military takeover. placing prime minister hummed up under house arrest and putting members of his cabinet in prison. a month later, hum duke was released and reinstated, after international condemnation of the coup, he then agreed to form a government of technocrats and sideline political groups. but many stood meas, felt he had betrayed the revolution. anti military demonstrations have since led to the kil

finance minister who's pro human right. but close to the business community to this could get very complicated. remember all those ministries who couldn't agree on fall way. does this new government mean more of that kind of thing? we could see as sort of coffee, any of discordant signals on china from this new government. one think the new government is clear on, it says it was his china strategy to match that of the you. and he wants both to be coordinated with the us. but it's notoriously complicated for the you to speak with one voice. can this really work? it's going to be very difficult because you have 20 member states and you're over half the life of sweeter than the tougher than hungry or reese, for example. and yet, polling shows that german public opinion is harming against china and the moved in parliament. the boldest tongue is also shifting in line with trends around the western world. this could open more scope for political debate ahead. not about decoupling, but at least diversification. there's going to be pressure from within the bonus tag from within the, the german population from germany's major allies