. —— gazprom. they sayjust the country. —— gazprom.anuary to september this year was down by more than 17% compared with the same period in 2020. the ukrainian operator iq structure of creating an artificial gas supply bottleneck in order to weaken both it and the eu. earlier, the charal gazprom's board of directors blamed european countries for not securing guaranteed long—term gas prices with them. translation: gas prices with them. tuna/mom- gas prices with them. translation: .,. ., translation: the fact that gaz - rom translation: the fact that gazprom has _ translation: the fact that gazprom has been - translation: the fact that| gazprom has been supplying europe with just for 50 years shows that it is a reliable energy supplier. those countries have been receiving our gas for the last 50 years, they have never had a problem with their gas. gazprom is a reliable supplier, the most reliable. as far as prices are concerned, you can see that those countries that have long—term contracts with russia have no problems. those countries t

that is pure fantasy, thinks gazprom.ergy giant says it will gladly pump gas if there is a deal and if moldova settles its debt. but is the kremlin using energy as a weapon? vladimir putin recently called that nonsense and tittle tattle. russia says it never mixes pipelines and politics but if you have got a lot of gas that gives you a lot of influence and a lot of power and if you are a country like moldova which has been getting all of its gas from russia but now want a closer relationship with europe, that can give you a lot of trouble. moldova has declared a state of emergency. this crisis centre is making sure the gas keeps flowing. the country are seeking alternative sources in europe but it is bad timing. sources in europe but it is bad timinu. ~ , ., , timing. well, it is the worst time to have _ timing. well, it is the worst time to have a _ timing. well, it is the worst time to have a gas - timing. well, it is the worst time to have a gas crisis. i timing. well, it is the worst| time to have a gas crisis. at hom

gazprom can supply more gas to europe.cept gazprom's terms of handling nord stream 2. it's very simple. this is pure blackmail. today, president putin hit back. it was europe's fault, he said, that prices were ten times higher than last year, because the eu didn't want to sign long—term energy contracts. no wonder the russians are smiling at their annual gas forum. they know the eu relies heavily on russian gas exports. britain imports very little natural gas from russia but the uk has been hit too by the skyrocketing prices on the energy markets. russia's position is very simple. we've got the gas you need, we've got a brand—new pipeline to deliver it, so let's do the deal. and considering how acute the energy crisis is becoming in europe, that puts russia in a very strong position. and since europe has committed to a greenerfuture, it may, for a time, need more gas as coal—fired plants are phased out. so long as europe is using as much energy as it is, so long as it is determined to reach the climate reduction targets th

gazprom can supply more gas to europe.es to do that, saying that we will do that if you accept gazprom's terms of handling nord stream 2. it's very simple. this is pure blackmail. today, president putin hit back. it was europe's fault, he said, that prices were ten times higher than last year, because the eu didn't want to sign long—term energy contracts. no wonder the russians are smiling at their annual gas forum. they know the eu relies heavily on russian gas exports. britain imports very little natural gas from russia but the uk has been hit too by the skyrocketing prices on the energy markets. russia's position is very simple. we've got the gas you need, we've got a brand—new pipeline to deliver it, so let's do the deal. and considering how acute the energy crisis is becoming in europe, that puts russia in a very strong position. and since europe has committed to a greener future, it may, for a time, need more gas as coal—fired plants are phased out. so long as europe is using as much energy as it is, so long as it is

gazprom can supply more gas to europe.m's terms of handling nord stream two. it's very simple. this is pure blackmail. today, president putin hit back. it was europe's fault, he said, that prices were ten times higher than last year, because the eu didn't want to sign long—term energy contracts. no wonder the russians are smiling at their annual gas forum. they know the eu relies heavily on russian gas exports. britain imports very little natural gas from russia but the uk has been hit too by the skyrocketing prices on the energy markets. russia's position is very simple. we've got the gas you need, we've got a brand—new pipeline to deliver it, so let's do the deal. and considering how acute the energy crisis is becoming in europe, that puts russia in a very strong position. and since europe has committed to a greenerfuture, it may, for a time, need more gas as coal—fired plants are phased out. so long as europe is using as much energy as it is, so long as it is determined to reach the climate reduction targets that it has

did this on behalf of gazprom?ecretary adeyemo: as i said, we are committed to working with you and this committee to hold gazprom responsible for its activities that violate our sanctions. senator toomey: you are not answering a direct question. do you acknowledge that nord stream 2a.g. has engaged in the activity laid out by the state department on behalf of gazprom? secretary adeyemo: we supported state department's report. their report was based on a separate authority than the one we are talking about today. with regard to catsa we are -- senator toomey: look, it's clear what's going on here. gazprom created nord stream 2 to evade sanctions. everything around this picture are the sanction entities they needed nord stream 2, an unsanctioned entity in order to bypass the sanctions. that's what we passed catsa for on a bipartisan basis. it's unacceptable and not being implemented. chair brown: senator castor is recognized. >> thank you, mr. chairman. your testimony highlighted the important work of unfair trade p

ros: the accusation that russia is restricting supply connects back to the state on company gazprom ande it has to the eu, called nord stream 2. that has been completed but not yet switched on, which some analysts believe is relevant to the supply coming from russia. >> gazprom canarry more supply to europe but refuses to do that, saying that we will do that if you accept gazprom's terms of ndling nord stream 2. very simple. this is pure black male. -- blackmail. ros: there is already a pipelin in place called lord stream 1. nord stream 2 runs alongside it through germany and doubling the supply capacity to europe, but it is waiting final approval from european regulato. russia, for its part, has denied restricting supply in order to create pressure on those regulators to give nord stream 2 the go-ahead. the russian foreign minister has been talking about these issues the bbc hardtalk program. >> you could also appointed the words of the deputy and energy minister who said recently that, in his view, european certification of the nord stream 2 pipeline, so that it could actually be used

gazprom claims is offered moldova a good deal with a discount.t moldova was once in russia's orbit, in russia's sphere of influence, but now has a pro—europe, pro—eu leadership. and, as i say, many analysts here believe this is an attempt by russia to put pressure on moldova, a country which wants to establish closer ties with europe. the problem is — is that possible? is that realistic? because 100% of the gas is coming from russia, moldova's own gas company, the main shareholder is russia's gas company, and moldova gets more than 80% of its electricity from a power station owned by russia. you see the difficulty. this is outside source live from the bbc newsroom. our lead story: the united nations warns of a countdown to a humanitarian catastrophe in afghanistan, with millions facing starvation. more than a third of the world's population are active users of facebook and its other social media products. yet the global tech giant has been facing serious allegations about its impact on individuals and wider society. here in the uk, a former faceb

gazprom has reduced supplies by a third to the former soviet state — which relies entirely on russia was forced to introduce a state of emergency due a shortage of gas. china has announced it will pilot a new property tax as authorities try to control the largest housing market in the world. state media say the long proposed measure would initially last five years and apply to residential and commercial property in selected urban areas. saudi arabia, the world's biggest oil exporter, has announced a goal of net—zero carbon emissions by the year 2060. the energy minister said the environmental targets could be met without adverse social or economic effects. paasha mahdavi is assistant professor of political science at the university of california, santa barbara. his research focuses on energy and global environmental politics. i asked him what impact this pledge by saudi officials will have. it will be a major step in the right direction in terms of domestic emissions. saudi arabia is itself among the largest c02 emitters in per capita terms and the 10th largest carbon emitter in glob

gazprom has reduced supplies by a third to the former soviet state — which relies entirely on russia moldova was forced to introduce a state of emergency due a shortage of gas. china has announced it will pilot a property tax as the authorities try to control the largest housing market in the world. state media said the long proposed measure would initially last five years and apply to residential and commercial property in selected urban areas. the tax is considered a way to control prices, which have increased more than two thousand percent since the communist government privatised housing in the nineteen nineties. turkey's president is withdrawing the diplomatic status of ten foreign ambassadors — after they called for the release of a philanthropist, osman kavala. recep tayip erdogan said the ten ambassadors would be declared persona non grata, normally the first step in expelling a diplomat. they include ambassadors from turkey's nato allies — the united states and france. it comes days after the turkish foreign ministry summoned the ten, for what it described as an "irresponsib

the russian energy giant, gazprom, says it'll suspend exports to moldova unless it pays a $700 million. gazprom has reduced supplies by a third to the former soviet state, which relies entirely on russia for its gas. earlier this week, moldova was forced to introduce a state of emergency due a shortage of gas. china has announced it will pilot a new property tax as authorities try to control the largest housing market in the world. state media say the long proposed measure would initially last five years and apply to residential and commercial property in selected urban areas. the tax is considered a way to control prices, which have increased more than 2000% since the communist government privatised housing in the 19 90s. hungary's right wing prime minister, viktor 0rban, has told a rally of his supporters to defend what he called his achievements at next year's parliamentary elections, at an event marking the 65th anniversary of the hungarian uprising. he equated hungary's liberal opposition with the soviet troops who crushed the revolt. at the other end of the long boulevard running

the russian energy giant, gazprom, says it'll suspend exports to moldova unless it pays a $700 milliont by december. gazprom has reduced supplies by a third to the former soviet state, which relies entirely on russia for its gas. earlier this week, moldova was forced to introduce a state of emergency due a shortage of gas. turkey's president is withdrawing the diplomatic status of ten foreign ambassadors after they called for the release of a philanthropist, osman kavala. president recep tayip erdogan said the ten ambassadors would be declared persona non grata, normally the first step in expelling a diplomat. they include ambassadors from turkey's nato allies the united states and france. it comes days after the turkish foreign ministry summoned the ten, for what it described as an "irresponsible" statement in which they had called for a just and speedy resolution to the case of osman kavala. about three of these countries are nato allies and germany is one of the biggest trade partners of turkey. when i have spoken to turkish officials they told me that they don't know when the proce

gazprom has in fact started pumping out from its reserves into the pipelines to stabilise the market.ieve the demand skyrocketed against the background of very slow winds that in many ways negatively affected renewables, especially in northern europe and in great britain, for that case, in the uk. i am not an expert here. i do recognise that there are such sentiments widely spread out, but i'd also refer to it as an element of what we believe is an in—and—out information war that the west continues to, you know, rage to apply on russia on all sorts of pretexts and in all sorts of situations. well... you believe we are always to be blamed for everything. we know this. we work deliberately, quietly, soberly towards stabilisation. it's not in our interest to rock the boat further. you pointed to putin saying that he would do his best to stabilise gas prices, but you could also have pointed to the words of deputy prime minister and energy minister alexander novak, who said very recently that, in his view, european certification of the nord stream 2 pipeline so that it could actually be us

russia enter a fresh round of negotiations — with moscow still threatening to force energy giant gazproml one, and criminal charges aren't ruled out. it's budget day here in the uk — the chancellor promises a "new age of optimism" but will soaring living costs leave people worse off? and — the south african born, hollywood a—lister, backing a campaign to allow greater levels of vaccine production — on her home continent.

that's pure fantasy, thinks gazprom. energy as a weapon? vladimir putin recently called that accusation nonsense and tittle—tattle. russia says it never mixes pipelines and politics, but if you've got a lot of gas, that gives you a lot of influence and a lot of power. and if you're a country like moldova, which has been getting all of its gas from russia but now wants a closer relationship with europe, that can give you a lot of trouble. moldova has declared a state of emergency. this crisis centre is making sure the gas keeps flowing. the country is seeking alternative sources in europe, but it's bad timing. well, it's the worst time to have a gas crisis. at home, the prices are higher than ever. can moldova get all the gas that it needs at a price you can afford to pay if you don't get a deal with russia? well, you see the gas prices today. we don't know how high or how low they will be in two months or in five months, right? so i cannot tell you whether these prices are affordable. in the town of balti, less gas means

russia's gazprom has maintained its outlook. is in line in forecasts from april before the energy crisis took hold. that will be roughly in line with splice last year. below the limit in 2018. the u.s. has issued new travel regulations requiring proof of full vaccination against covid-19 along with a recent negative test. however people with low vaccine supplies will be exempt. the new rule effective november 8 lifts severe travel restriction on china, india and much of europe. powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. dani: thanks so much. let's focus on the big bank earnings. we have seen big blowout results from u.b.s. the best quarter since the financial crisis handily beating estimates. we're joand by the head of financials at -- joined by the ode of financials. we had the strongest quarter for u.b.s. since the financial crisis. yesterday we had hsbc strong results as well. are you a buyer on the stronger earnings so far? >> yes. good morning. for first time, it is ver

russia enter a fresh round of negotiations — with moscow still threatening to force energy giant gazpromst investment firm is warning there's a "high probability" that a barrel of oil will hit $100. prices for brent crude have risen to around $85 amid a global energy shortage. the warning from blackrock�*s ceo larry fink came at a big investment conference in saudi arabia known as "davos of the dessert" from where our middle east business correspondent sameer hashmi sent this report. inflation, slower economic growth and energy crisis, these were some of the topics that dominated day one of the fii summit here in riyadh. the top bosses of goldman sachs, blackrock, blackstone in a panel discussion underlined the fact that the world is going through an energy crisis and it's important to recognise that, because that could lead to higher inflation. and they also didn't rule out that oil could touch $100 a barrel, which could be a bigger crisis, especially at a time when there is an energy shortage. the other thing that has been discussed is climate change and talking about achieving net zer

america and europe so new names for you the jp folks went on to talk about marathon oil, petrobras and gazprom as winners on the oil and gas side so j.p. morgan coming out and recommending those six stocks and a couple others in europe yesterday. >>> now to this morning's top stories including the latest on the fallout over facebook's latest scandal whether it cares about kids' mental health. the answer is to apparently keep employees from talking to the me media. silvana? >> brian facebook is reportedly taking steps to reduce internal leaks of company documents the company is making some of its internal online discussion groups private instead of public, including groups focused on platform safety and protecting information, protecting elections according to -- the move comes after frances haugen disclosed documents showing facebook was aware of the dangers of the products but down played the effects publicly >>> apple ceo tim cook is calling for companies like his to not be lumped in with those types of firms speaking in utah, cook weighed in on the growing calls for big -- for regulating bi

gazprom pushing back against the idea that there will be an extra supply coming through. india story. people got panicked about a lack of coal in india. people are nervous on the energy front. anna: geopolitics. hong kong chief carrie lam has defended covid-19 travel restrictions signaling cur bs will stay in place. she spoke exclusively to bloomberg television. even a single fertility from covid-19 would cause major concern. >> from the mainland perspective , the practices are adopted in hong kong should be as aligned as possible with the mainline practices. -- mainland practices. the discussions between the sides are meant to find a way forward that respects the differences in the systems between the places. we will not be the weak link in terms of covid-19 control. >> for hong kong to remain a financial hub, it has to be opened not just to china but the rest of the world. are you concerned that your competitiveness will be impacted? singapore is opening up and there is great competition. might hong kong lose its competitiveness? >> of course i am concerned and we are w

the accusation that russia is restricting supply — connecy to the state—backed energy company gazpromat's been completed — but not yet switched on. here's one energy analyst. they can supply more gas to europe but refuses to do that saying that we will do that if you accept gas terms of handling this. it is very simple. it is pure black blackmail. now — there's already a pipeline in place between russia and the eu — nord stream 1. nord stream 2 runs alongside it, through the baltic sea to germany, doubling the supply capacity to europe. it's waiting final approval from european regulators. but russia has consistently denied throttling supplies to get the go—ahead. you could have pointed to alexander novak same bed in his view, european certification of the north stream to pipeline so that he could actually be used as we know it has been built but is not being used yet, certification for use with definitely cool soaring european gas prices. to many in europe, that sounds a little bit like an implicit threat that if they don't do which you want with regards to north stream two, there co

so what happened yesterday, quite surprisingly, president putin said he will give, he orders gazpromies of gas to europe and the united kingdom but the trick is they want to do it their way, they want to use a controversial pipeline nordstream, not the usual way through ukraine and the pipeline is under heavy criticism from many european politicians because they believe it is being used as a political tool.— believe it is being used as a oliticaltool. �* political tool. and so the kremlin is sa in: political tool. and so the kremlin is saying give _ political tool. and so the kremlin is saying give its _ political tool. and so the kremlin is saying give its approval- political tool. and so the kremlin is saying give its approval for- political tool. and so the kremlin| is saying give its approval for this controversial pipeline and then we can provide you with more gas? exactly, they say we are ready to help you, but we want to do it our way. europe, in a way, insists russia uses the old pipelines, for example through ukraine, but russia has its explanation for everything. mr putin s