for the iea that r-we-wrrh— a spokesperson for the iea that r-we-wrrh h— a spokesperson for the iead there may some and there may some common that's really important. and- there may-some common ground there may be some common ground heuee— there may be some common ground heeeuee-rhe— there may be some common ground because the datelines there may be some common ground beca are the datelines there may be some common ground becaare being the datelines there may be some common ground becaare being sete datelines there may be some common ground becaare being set are itelines there may be some common ground becaare being set are too nes that are being set are too ehhrrroue— that are being set are too ambitious that- that are being set are too ambitious that getting rid of terror— ambitious that getting rid of terror-hw— ambitious that getting rid of petrol-by 2030,- ambitious that getting rid of petrol by 2030, the german petrol cars by 2030, the german ehhroeeh—eee- approach to get rid of gas horrere— approach to get rid of gas boilers,lthink_ approach to get rid of gas boilers, think b

the international energy agency, iea, expects that by 2027, global renewable power capacity will riseldwide by 2400 gigawatts. that's roughly how much power china generated in total in 2022. in particular, china and the u.s. want to invest heavily in wind and solar energy, partly for climate protection reasons. in the u.s., a recently passed law earmarked almost $370 billion for climate and energy security measures. the eu and other countries are also keen to invest in renewable energy sources. the iea forecasts that by 2025, renewables will have become the largest source of global electricity generation, ahead of coal. but there is some way to go. there are still more than 2400 coal-fired power plants in operation worldwide, with new ones being built. that's a huge burden both for the climate and those living nearby. reporter: south africa's economy is powered by coal. but critics say this comes at a massive cost. thomas: the science is there. air pollution is a killer and therefore the government needs to act urgently. promise: my heart is bleeding for the people who are living in t

i'm nowjoined by toril bosoni, head of iea's oil industry and markets division in paris.how far are we off peak oil? the programme. how far are we off eak oil? . ., the programme. how far are we off eak oil? ., ~ i. ., , peak oil? thank you. so our first cast goes _ peak oil? thank you. so our first cast goes to _ peak oil? thank you. so our first cast goes to 2028 _ peak oil? thank you. so our first cast goes to 2028 and _ peak oil? thank you. so our first cast goes to 2028 and shows - peak oil? thank you. so our first cast goes to 2028 and shows oil| cast goes to 2028 and shows oil demand will continue to grow throughout this period —— forecast goes to 2028. we expect 9 million barrels a day, but the pace of growing is slowing quite shortly. over the next year, we expect the pace has slowed to 800,000 as the covert recovery has largely run its course and towards the end of the period, we are seeing growth of only 400,000 barrels a day, so the peak in oil demand for several seconds to already happened within this period, so we can clearly say it is on the horizon, but, y

. >>> the iea predicts world oil demand will grow by a new record this year, but also slow demand will slow the market rate as the energy transition gathers pace we'll speak with the market's division head toriibosoni next. and we'll speak with our colleagues at 1400 cet. >>> a very warm welcome to "street signs. we made it to fed decision day before we get on to what to expect from central bank this afternoon, let's recap what we learned yesterday on the inflation front. consumer inflation eases, rising 4% compared to a year earlier. that was a significant step down from the 4.9% jump in april. core inflation, which strips out food and energy prices, rose 0.4% last month. that was in line with april's increase breaking it down by category, energy costs fell by the most from the previous month while food and shelter prices remain sticky here's a picture of the breakdown in terms of f the year-over-year change of inflation. that epi reading comes ahead of the policy read later today. 91% of market participants expect the central bank to pause today and 63% expect the pause to continue i

francine: iea global conference is in france today.dreds of senior leaders are joining the event around the theme of energy efficiency. we are joined from the conference. >> i'm joined by the chairman of schnider electric. thank you for being with us. you make electric devices and technology, how much do you think growth from electrification will be counteracted by the energy efficiency? jean-pascal: if you take the big picture, we need to drastically reverse the trend of combinations. it is not a revolution -- it is not evolution but revolution. it is a combination of three things, we have to decarbonize fossil fuels, and have reserves for many years to come. we have to electrify. you eliminate carbon. on the server point is energy efficiency. energy efficiency makes 50% of emissions, so it is critical. people speak about supply. the energy transition is energy efficient and for every company this is a priority. it is going to slow. we should be multiplying by 10 of energy efficiency techniques. that is possible now because we are mov

because the iaea asked specters -- iea inspectors had left a treasure trove for anyone who wanted to read it and do the work. the fact is as i said, it made no sense that not only did he have this type with by martin -- with bin laden -- this time with bin laden. why would this -- the crown jewels, the weapons that allegedly were keeping him -- the alleged things that were keeping him in power, why would he give them to this sunni moves on -- sunni muslim extremists in afghanistan. it made no sense. what everyone knows now is that the bush administration cherry picked its case for war using as i said information, not intelligence because much of that information came from a couple of sources. one, the head of the iraqi national congress whose whole agenda was to replace saddam himself with his self. the thought was that he was not only feeding the administration but the new york times with all of this information that was bogus and exaggerated about saddam hiding of these web -- hiding these weapons of mass destruction program. on a number of occasions be getting on september 12, if

by the way the iea tells us that just with current technology, we could reach the 2030 coal -- goal if we were deploying the technology fast enough. we are not. that's a choice. instead, you see demand being met by mostly new projects particularly with gas and gas is part of the transition. absolutely. but if you get to 2030 and you're not abating those emissions you are contributing to the problem yet to go from 2030 to 2050 and you can't get there if you're building out 30 and 40 year gas infrastructure that's going to wind up being a stranded asset so we have to look really closely at the capture of emissions, management of emissions, and management of demand which there are ways to manage demand by the way. and of course the deployment of clean molecules and electrons. >> so, a low hanging fruit, methane? >> totally. efficiency is probably the lowest hanging fruit of all. so you can grab the most, i think someone said earlier the fastest, cheapest biggest chunk of reduction comes from efficiency and we should be chasing the efficiency much more but, that said after efficiency it's

how objective are the uh scenarios and forecasts and conclusions of the iea regarding the future energy market landscape. or maybe you consider it necessary to revise the structure and provide growing developing economies the right to vote , taking into account the technical processes that we see in the global economy. thank you. this is a very , very important and at the same time fascinating question today's director has always surprised us when uh often uh, you know, he made such a very blunt statement last year. he said that you are in the middle of the first global energy cos not only regarding petroleum natural gas coal and electricity and energy security is becoming a top priority for many governments for everyone and we need to change. as you said, dr. dymkin , in order to meet these challenges , dr. henry kisenger. as i said there, they must definitely join china india in order for this organization to remain relevant, because china india will turn into the largest consumers of them. if the mayor is willing to continue to be such an important role in the fight against climate c

remind you that rafael grossi had to postpone his visit to the facilities for safety reasons, as the ieaector assured after visiting the station that the water level needed to cool the rectors is currently sufficient. he promised that the agency's inspectors would remain at the facility. however who can guarantee the safety of the air force that is controlled by the military of the aggressor countries , especially since there is information about the mining of the stations of the crimean titan plant in the temporarily occupied armenian explosion there can cause a real man-made catastrophe. continue mykhailo malok, the kakhovskaya hpp was mined by the russian occupiers that year in the fall, ukrainian intelligence repeatedly stated this. electricity it er it needs more water and indeed may not have enough cooling capacity of cooler ponds lowering the water level in the kakhovsky reservoir is a threat to the normal functioning of the zaporizhzhia nuclear power plant, these satellite images show the inflow supply, which is a source of cooling for the plant reactors, the plant ran dry at the

remember him, ray.7 thank— the iea. remember him, ray.7 thank you— the iea.esome now. okay, dennis, stay. stay there. qatar- stay. stay there. qatar hohhhah— stay. stay there. qatar political reporter is with me now, potentially— political reporter is with me now, potentially a little bit of a pohehhahy— now, potentially a little bit of a potentially a— now, potentially a little bit of a potentially a little bit of an update— a potentially a little bit of an update on— a potentially a little bit of an update on nadine dorries alok shhrhh— update on nadine dorries alok shhhhh h— update on nadine dorries alok sharma in their— update on nadine dorries alok sharma in their honours . �*vwhzgc sharma in their honours. well, this— sharma in their honours. well, this is— sharma in their honours. well, this is what— sharma in their honours. well, this is what the— sharma in their honours. well, this is what the times are reporting. it's obviously very fluid, but they are saying that they've been told that. nadine dorries and alok sharma will not be getting to the hous

china is the biggest factor driving oil prices so says the iea. opec-plus agreed last weekend to extend production cuts to the end of 2024 with saudi arabia taking in extra barrels off the market. >> there are uncertainties as usual when it comes to the oil markets and if i have to pick up the most important one, it is china. chinese economy. when i say more than 2 million barrels this year oil global oil demand, 60% of that growth is said to come from china. >> wennberg has learned that the proposed deal between liv golf and the pga is causing serious antitrust concerns. u.s. senate democrats are calling for investigation citing competition issues and allegations of human rights abuses in saudi arabia. global news powered by more than 2700 journalists and analysts in over 120 countries. haidi: coming up next, arc funds up their stake in coinbase. this is bloomberg. ♪ summer. just purchase any 5-hour energy product, then enter for a chance to win an eco charger electric atv. just go to 5hecharge.com for details. 5-hour energy...charge it up! it ca

the iea estimates that in the last three months i ran has increased its stockpile of enriched uraniumbruary 2021, when we decided that we would have all of these systems, but the information itself would be keptin but the information itself would be kept in a very complex, convoluted way and there are seals, but without us having access to that information. that is one thing because we never had access to that information. that information, when i ran decided last information. that information, when iran decided last summer —— back when iran decided last summer to disconnect the systems to remain there, and then there is the gap, i would say, there is the gap from that point to now, where we don't have cameras, we haven't had anything, so no information, no cameras, nothing. all we are saying, and i think this is common sense, basically, right? we reconnect the cameras and we have the systems again, but in orderfor us to be able to reconstruct the whole picture, we need to sit down with iran and have some way to reconstruct the jigsaw puzzle. reconstruct the 'igsaw puzzle. now, the sh

and let me iea—gai— behind the scenes. and let me ieii—gci a- behind the scenes.ng this evening ami— inland as during this evening and overnight— inland as during this evening and overnight .— inland as during this evening and overnight. so turning overcast across- and overnight. so turning overcast across most of england ami— overcast across most of england ami imia— overcast across most of england ami imic pais— overcast across most of england and into parts of— overcast across most of england and into parts of east wales, scaiiaem— and into parts of east wales, southern scotland as well. iaiaeme— southern scotland as well. extreme west— southern scotland as well. extreme west northern ireland ami— extreme west northern ireland ami a— extreme west northern ireland ami a gaai— extreme west northern ireland and a good chunk of scotland wiii— and a good chunk of scotland wiii stay— and a good chunk of scotland will stay largely— and a good chunk of scotland will stay largely clear. and peae— will stay largely clear. and ieae ii— will stay largely clear. and here it

iea thoroughly endorse the proposal. additionally repeal the 17th amendment and return the selection senators to state legislatures. we can do this. mlb sainted h2 20 military and age to votehe must be the same. you cannot ask an all volunteer military to defend a nation that they don't have a voice in the government. and this from joseph say let me get that 2 right, 25 to vote but you can buy a gun at 18. priorities people priorities. suzanne, cincinnati, ohio, over 55 good morning. >> caller: good morning. i got a couple of comments. first of all i don't think we should change the voting age. the cousin are many people aged 18 and over who do volunteer work, , including volunteer work in senior centers and volunteer work in schools, and they are very responsible people. i wanted also to comment on something that a previous caller said. she felt like we should change the voting age for older people and we should at a maximum age of 80. once you are 80 over you can't vote. i disagree with that. yes, there may be some 80

not a lot of viable substitutes for the oil demand we see today even if you look at the aggressive ieaption, you're looking at demand for chemicals and jet fuel any sort of work from home, any sort of russian fallout, we continue to see oil demand growing through 2030 and maybe even beyond and certainly a very long and slow decline in 2050. so, you know -- >> wait, wait, one second, allen, this is a very contrarian view part-time think oil demands are going to taper off certainly not next year but in the next few years. what's giving you confidence it's on the rise. >> our firm looks at immense growth but it takes a long time for a car fleet to turn over we're talking about sales rates. this is going to take a lot of time before evs start to make a meaningful impact. meanwhile you continue to have strong growth in emerging markets. you don't hviable substitutes fr jet fuel you know, the underlying fundamentals when you look at the usage of oil, you just don't have the available substitutes today that would suggest that oil demand is going to fall off dramatically any time soon. >> alle

hi wish iea had a week with you when not an hour but i've got to take that up with the bosses to seegive me a litte more time with y'all. >> that'll be arranged, sir. >> i'll just ask you! thank you for spending part of youry sundafay with us. happy father's day to my dad and all of the dads and those who acted like dad's to others. hope you have a great week usahead. until next you'll go online, good night from new york city. ♪ ♪ >> we begin with breaking news overnight. secretary of state antony blinken meeting with president xi jinping in china. the most important meeting to beijing as he looks to cool tensions between the two nations. gordon chang on deck to unpack all. >> take a look at this. >> stay with me, man! you are okay! you are going to make it! you're okay. come on. keep breathing. keep breathing! >> a florida deputies of del my performed cpr on an unconscious truck driver he found on the

fell flat or contributed to a decent amount of demand, or how is that fkt affecting the market >> the iea every single month since november of last year. every single month since november of last year they have taken up the demand forecast to it's over 2 million barrels a day. that's far from a recession. same thing with copper, aluminum, the rest of the commodities. demand is up it's not showing signs of a recession. so it has to be coming from the supply side. de-stocking government inv inventory, destocks paper and commercial barrels we see it across the board, but it has to come to an end the point being here, overall demand is holding up, which then exacerbates the problem of de-stocking. >> the only obvious way this could play out is if the u.s. or the global economy weakens more than expected. >> yeah. by the way, they have already priced in, we think immediately, $10 to $15 a barrel to the downside so you have priced in a lot of that recession already through the position from a paper barrel perspective, you have liquidated over 250 million barrels over the past month. that's a lo

we will raise them in a diplomatic form at the iea and elsewhere. we need to commit australia for the work they have done in the pacific and the work they have done in southeast asia. we need to do more and we need the constant informational front foot. indicating that these are, this propulsion capability will be undertaken with all of the requirements that the groups appreciated, these will not be nuclear armed, these conditional forces. conventional capabilities and i think if we continue at it we will gain more and more understanding of what we are undertaking. i will say i see that in my own deliberations. initially at the outset, because there were uncertainties and questions, people would say we need to know more. i am finding more and more interlocutors in singapore, india, japan, south korea, most of the countries of europe. fully understand the strategic circumstances and the calculus that went into this. i am increasingly confident that maybe not always openly and directly but certainly behind closed doors, many countries understand the r

carbon in the atmosphere we all agree there's 1.2 degrees of warming as a consequence, you have the ieag out today saying peak oil use is coming faster than you think because there's so much investment from every country in the world, from every part of the private sector into transition, bridging and post-carbon energy that's a success because we built those institutions, we made those investments the question is, are we going to do that in ai or is this going to be like we responded to the pandemic because the consequences for all of us, if it's like the pandemic, are vastly greater than what we experienced in covid not even close. >> ian, finally, the election. you kind of hit this for a second there, but what are your expectations in terms of the use of ai to forge what are, you know, things people will not simply recognize as fact or fiction? >> i don't know how you keep your democracy when majorities of the population do not understand or accept fundamental truths about the political system and society and i don't like the fact that we are testing these algorithms by experimenting

want too that hoarsely fostered prophetic couple teachers last or i don't want to teach this but y iea this? what does a couple of topics i don't want to teach but they make us appear in court as good preparation for marriage i dhaoo not want to do this but i have to take it from your dad. it is of course father's day weekend am i going to get more swag like some of the awards you presented me in the past question up with people watching at home i am an all-star two times correct, once voted world's best dad nothing to snicker at. i've been all sorted out over ves never forget best dad ever which is hall of fame material to make of this this year? >> maybe. >> what you meanyos maybe? >> are going to have to go how you were a father this year progressed do i get a report card? okay igh sf it's anything like h school and going hom ee empty-handed. happy father's day to you and you need to know this the coolest thing for being me as having you as a kid. thank you. i'm just saying that so i don't lose custody public crops havei' done to over the years.on it is all for tonight check out fox

iea saying we sbooiin-b— it anyway. iea saying we shouldn't-profit. - it anyway.la tominey from 9.30 on sunday morning when i'll be asking former chancellor kwasi kwarteng why britain is fast becoming the west's inflation monster. is becoming the west's inflation monster . is trussonomics really monster. is trussonomics really to monster. is trussonomics really is biomo— monster. is trussonomics really is biomo 7— monster. is trussonomics really to blame ? and— monster. is trussonomics really to blame ? and i'll— monster. is trussonomics really to blame ? and i'll be- is trussonomics really to blame ? and i'll be joined in to blame? and i'll be joined in the to blame? and i'll be joined in bbo sboiio— to blame? and i'll be joined in bbo sboiio by— to blame? and i'll be joined in the studio by tony— to blame? and i'll be joined in the studio by tony abbott, australia's— the studio by tony abbott, australia's former prime iiinisbos— australia's former prime minister, to— australia's former prime minister, to discuss how he sbosboi— minister, to discuss how he sbobgo

iea saying we sbouiin-i— it anyway. iea saying we shouldn't-profit. - it anyway.y from 9.30 on sunday morning when i'll be asking former chancellor kwasi kwarteng why britain is fast becoming the west's inflation monster. is becoming the west's inflation monster . is trussonomics really monster. is trussonomics really to monster. is trussonomics really io biomo— monster. is trussonomics really io biomo 7— monster. is trussonomics really to blame ? and— monster. is trussonomics really to blame ? and i'll— monster. is trussonomics really to blame ? and i'll be- is trussonomics really to blame ? and i'll be joined in to blame? and i'll be joined in the to blame? and i'll be joined in ibo siuiio— to blame? and i'll be joined in ibo siuiio by— to blame? and i'll be joined in the studio by tony— to blame? and i'll be joined in the studio by tony abbott, australia's— the studio by tony abbott, australia's former prime iiinisior— australia's former prime minister, to— australia's former prime minister, to discuss how he sioppoi— minister, to discuss how he sioppoi ibo— mi

iea he didn't really try it and conservatives have been divided about it and what to do about it for a long time since but i think the general you mentioned for and the constitution in exile notion and i think that's um, very relevant to the discussion because from the old constitution's point of view or at least the conservative version of the old constitution. what we have today, is that the congress and the administrative state are sitting as a kind of permanent constitutional convention. able to i mean you don't pass the era but you at what what legislative proposal has been turned down or what regulatory proposal has been turned down because there isn't an era in the congress in the constitution none. i mean basically the the administrative state goes ahead and tries things which would normally have been stopped by the lack of a constitutional provision to support them. the existing separation of powers is a far secondary consideration to wanting to get something done. by the administrative state and you know by the mostly the progressive coalitions that have have invented the a

i'm going to officer at the iea. i'm going to etan— officer at the iea.edwina currie now. no, don't thhnt ht— edwina currie now. no, don't thhnt ht wae— edwina currie now. no, don't think it was any— edwina currie now. no, don't think it was any kind- c�*tw�* no, don't think it was any kind of tantanoo— think it was any kind of kangaroo court or any kind of conephnacy— kangaroo court or any kind of conephnacy .— kangaroo court or any kind of conspiracy . boris— kangaroo court or any kind of conspiracy . boris was covid conspiracy. boris was covid oatet— conspiracy. boris was covid oatet ty— conspiracy. boris was covid oatet ty hhe— conspiracy. boris was covid outed by his own words out of his outed by his own words out of hhe on— outed by his own words out of his own mouth. _ outed by his own words out of his own mouth. /wi:g. his own mouth. you know, boris is rather like donald trump and prince harry. they all have a ethththy— prince harry. they all have a slightly queasy— 37” “t.wi they all have a slightly queasy relationship whth— slightly queasy relat

. can rather like liz truss and you work for the iea, which o think— and you work for the iea, whichls where they build. they have development plans scrapped. wen,— development plans scrapped. war, thow— development plans scrapped. well, they scrapped the targets, but well, they scrapped the targets, hut thoro — well, they scrapped the targets, hut thoro oro— well, they scrapped the targets, but there are always, know, but there are always, you know, top but there are always, you know, too town— but there are always, you know, top down guidances on how more otonning— top down guidances on how more hionning shouti— top down guidances on how more planning should take place as i soici— planning should take place as i an, ionw— planning should take place as i said, tony blair— planning should take place as i said, tony blair tightened up the said, tony blair tightened up tho swston— said, tony blair tightened up the system dramatically. and to be the system dramatically. and to ho toii— the system dramatically. and to ho toir to— the system dramatically. and to ho toir to tho— the system

an adult, whether someone is offended or even feels threatened by their speech is, that's not what iea. what i meant was, ifoutay on the computer, you know, all day long, it's -- d't know if it's going to kill you, but it's going to -i's not good for you. and come out for coffee. 's an invitation to get off the computer. . weiser: the colorado standard looks at the coex and the context here was, she had four to eight times cut off access. he kept coming back, kept sending messag ithe face of what, again, was a clear sign, i don't wa thear from you. she said at trial, that's the clrest sign you can offer on facebook. chief justice roberts: this will be the last question. because you're putting it so much in context, hhabeen doing this, this and this. could he be nvted for anything, saying anything? good morni? and, you know, that's after however nyonths of doing this? in other words, does the content ofhepeech actually matter in the way you're looking at ? mr. weiser: yes. the content of the speech that crossed the line was wheit escalated to a tone and to statements about her life bein

at the iea is reem ibrahim.e get their pay there. now when people get their pay slips up down the pay slips up and down the country, now they will more country, now they will find more often than not that more tax than they've paid in their than they've ever paid in their lives going out and then they lives is going out and then they look around and they see our pubuc look around and they see our public they public service is and they think, can't get a gp's think, well, i can't get a gp's appointment, everyone's on appointment, but everyone's on strike well. our strike everywhere as well. our trains knackered and lot strike everywhere as well. our trathis knackered and lot strike everywhere as well. our trathis money:kered and lot strike everywhere as well. our trathis money appearsid lot strike everywhere as well. our trathis money appears to lot strike everywhere as well. our trathis money appears to be ft of this money appears to be going to put up asylum seekers in hotels it does in four star hotels and it

amrita: i think that will be a dichotomy with theiea --the iea. raising the level on which demand is speaking and the last few years, they managed to underestimate the markets and from a government point of view our policy point of point -- view, that the mcnair -- the narrative has to be that we are transitioning away from fossil fuels but things are different. it doesn't mean it falls off a cliff and the driver remains trucking and it is decent. lisa: what is the distinction between the people who think renewable energy sources are making an and -- material impact on demand and rendering oil into effect -- insufficient or lands on global demand and those who say, it is not true and you are seeing lots of diesel demand and gasoline usage? amrita: i don't think -- it is not that black and white. it is theoretically how much more could oil demand have grown by. it is not that we are not seeing record high demand in places like latin america or china. the question is without renewables, could oil have grown further? it could have but that is confusi

well, thank you very officer iea. ryan media officer at the iea.ople feel this. it's not fair . and i feel this. it's not fair. and i think the government have to do this, you know, out of a sense of fairness and justice. but i've been listening- of fairness and justice. but i've been listening to- 0“2 2: but i've been listening to some huwehhe— i've been listening to some lunatic broadcasting corporations and some others and hwe— corporations and some others and the heew— corporations and some others and i've been listening— corporations and some others and i've been listening and i hear heewe— i've been listening and i hear people 5aying— i've been listening and i hear people saying, but it's only hhghh— people saying, but it's only hhghh. hhe— people saying, but it's only right. it's not— people saying, but it's only right. it's not fair that people eheuh— right. it's not fair that people eheuhh he— right. it's not fair that people should be able— right. it's not fair that people should be able to have that. and hhew— should be able to have that

the iea has raised its demand for cash every single month since november of last year.of the last six months, it really emphasizes, the demand picture is not part of this. which everybody likes to blame the speculators leaving this market because of demand con concerns sing it more has to do with destocking the higher interest rates making it too expensive the hold the position. oil is a liability to hold right now and until it becomes an asset, nobody wants to hold it >> and you said, look at this country. i mean, everything's political, but a lot of people say, you know, when we say, there's been too much regulation, you know, the biden administration has tried to curtail exploration, the democrats always come pack and say, we're producing more barrels a year now than anytime under the trump administration which is it? is there under investment? are we producing less? are we producing more than we've ever produced? i thought that the high prices would have spurred, regardless of -- but that's what politicians do i thought that would have spurred investment >> by the w

iea is the, ok, not enough barrels on the market. opec is the same demand is not as strong.y too may undercut in april, ongoing discussions over the weekend, we are probably out of bounds upwards of 2 million barrels between supply and demand globally going forward into the summer season. lisa: how much is this a short-term confluence of events, where you will see short-term weakness that only leads to higher prices later on because of a lack of investment? stephen: short-term weakness we are now seeing. it is interesting the saudi was saying, wall street, stop selling. going into that weekend, traders that trade on their own firm's behalf, those bullish desks increased to the highest level since april 2020. they took a bullish position that we have not seen in the past 58 weeks short-term effect. with the lack of investments in hydro bonds, the games you're playing on wall street, zero-sum game, i cannot put any dollars into a hydrocarbon because they all have to go into renewables. if that is the way you want to invest, you have to be willing to pay. when we are not puttin

you heard coming into the segment saying the iea is saying now i've got you, shell, saying you.nd for fuel is going to be in the next ten the demand continues to be very robust we're back to higher levels than prevo individual at the smart. >> we're looking at the high and focused on going after the porter barrels and our conventional oil and gas barrels that are less intensive than the shales bowels. we will be committed to the question is where are you going to spend it? hydroand nuclear dwrrp investors would like to know by the way, you can can tell them right were is it hydrogen can you make money or season nrm and ev charging and biofuels, particularly in china and europe and more and more in the u.s in biofield deck you we have today 46 thus retail sites around the world, one of the largest, if not the largest player in that space you can then put charges are in. >> dplrp flrm and p in places like europe, you need to be able to combine those because there isn't the critical mass. there nm focused on areas where you would look luke china where you don't have big houses wher

jonathan: there is the iea executive director catching up with francine lacqua earlier this morning ontalk about. plenty to talk about on a growth as well. a report this morning calling for week global economic growth with inflation sticking around. that is becoming a wider and wider view. just about unchanged on the s&p 500. slightly green. yields a little higher by a couple basis points. 3.6 871. just sort of maturity. slightly stronger, one point 0720 on the euro-dollar. if you looked at that's, you would not know that data out of china was weaker once again. for the first time in three months, that global growth story is not getting a helping hand from china that. it would at the start of the year. tom: it is a global growth story under adjustment. let's review it quickly. you have four, 5, 6 global institutions. i will say keep the at the -- it has been underplayed. a shift out one year, two years, three years. i remember talking to larry about this years ago and the benchmark was 3% growth is a global recession. i think we are there. it has been underplayed. oecd readjusting and

oh, i'm not a head of comms at the iea. i wish i was, but i know i'm communications officer.s and journalists. his appearance sotnsttes— journalists. his appearance coincides with— journalists. his appearance coincides with appeal in the coincides with an appeal in the us-conservative- coincides with an appeal in the us conservative tank coincides with an appeal in the us heritagerervative tank coincides with an appeal in the us heritage foundation, tank coincides with an appeal in the us heritage foundation, to tank coincides with an appeal in the us heritage foundation, to see the heritage foundation, to see if the heritage foundation, to see tt tne— the heritage foundation, to see if the revelation— the heritage foundation, to see if the revelation of— the heritage foundation, to see if the revelation of drug use in terry-s— if the revelation of drug use in tents toot— if the revelation of drug use in harry's book spare were included in harry's book spare were included tn nts— harry's book spare were included tn nts wse— harry's book spare were included in his visa applica

evidence then, have all of the evidence then, but this report was but this report that was published ieating isn't it, that as— it's also worthwhile noting isn't it, that as i think many teathe— isn't it, that as i think many teatte watta— isn't it, that as i think many people would agree, until a tent— people would agree, until a ttteht ta— people would agree, until a flight to rwanda takes off, all athe— flight to rwanda takes off, all other countries— flight to rwanda takes off, all other countries or maybe boats are other countries or maybe boats tenet— other countries or maybe boats are turned back,— other countries or maybe boats are turned back, which let's be haneet,— are turned back, which let's be haneet, h— are turned back, which let's be honest, is-going- are turned back, which let's be honest, is going to happen, honest, is not going to happen, or honest, is not going to happen, arare- being- honest, is not going to happen, or are being charged or taxpayers are being charged teee— or taxpayers are being charged teee naney— or taxpayers are being charged less money every— or

iea's supervisor, stephany. thank you, madam clerk.olleagues i just wanted to begin by saying thank you for excusing me last week. as you know, my father is very ill, and i was just very encouraged by all of your words of support. and to you, um supervisor preston for continuing the hearing i had at joo and to you, supervisor and cardio for filling in for me. it really means a lot to me to have your support. um, at a difficult time, so thank you very much, um i am also introducing a resolution supporting california state senate bills 36 and three and 3 45 and 7 29, as well as state assembly bills 5 71 and 5 76. together, these bills will strengthen california's unwavering commitment to reproductive freedom and gender affirming care. since the dobbs feed jackson decision that overturned roe v. wade last june. 19 states have enacted restrictions on women's access to abortion care, despite the fact that eight in 10 americans support the legal right to abortion. california has proudly led the fight to protect and expand access to abortion

want a cinnamon roll with my iii ii iea— no. want a cinnamon roll with my cup of tea, please?— no.ir partners with emotional intelligence well. okay, that intelligence as well. okay, that sounds intelligence as well. okay, that siinsi iiie— intelligence as well. okay, that sounds like quite— intelligence as well. okay, that sounds like quite a— intelligence as well. okay, that sounds like quite a good- 3�* okay, that sounds like quite a good thing . sounds like quite a good thing. iieiii— sounds like quite a good thing. iii i— sounds like quite a good thing. iii i iii— sounds like quite a good thing. well, i don't want— sounds like quite a good thing. well, i don't want them kind of misni— well, i don't want them kind of misni ani— well, i don't want them kind of misni ani giiei— well, i don't want them kind of mushy and gooey in the inside . mushy and gooey in the inside. it's mushy and gooey in the inside. iii iii— mushy and gooey in the inside. iii iii ieii— mushy and gooey in the inside. it's not very attractive- mushy and gooey in the inside. it's not very attractive and- mush

our political turmoil this morning. our ieas— political turmoil this morning. our ieau scarr— politicalthat ed that become inevitability that labour win in 97. you just labour would win in 97. you just couldn't it a couldn't write it off as a midterm— couldn't write it off as a midterm results . 37�*”rit. couldn't write it off as a- midterm results . precisely. and midterm results. precisely. and i think the big question this time will be again , how well the time will be again, how well the lib will because what lib dems will do, because what we've actually labour we've seen actually is labour winning of the winning a little bit back of the red and some seats that red wall and some seats that they used to under blair in they used to hold under blair in they used to hold under blair in the south. but also this is a concern for the for some conservative at is conservative mps at least, is they're being outflanked by they're also being outflanked by they're also being outflanked by the as well, the liberal democrats as well, and well expect to do and they might well expect to do quite in

whatever the select committee's demand, they should have to do, but demand, they should have to do, in iea-e as just said, the and as adam's just said, the bottom line is, can they keep their viewers? can they keep their viewers? can they keep their advertisers can they their advertisers and can they keep the confidence of their shareholders? is shareholders? and that is the bottom but she , carolyn bottom line. but if she, carolyn mccall, got the to mccall, hasn't got the balls to go this select committee go before this select committee next tuesday, that speaks volumes. i mean, she's the boss. she's one who should be she's the one who should be there. and should be answerable if she's nothing to hide, if if she's got nothing to hide, if she of their record, if she is proud of their record, if she is proud of their record, if she thinks everything she thinks they did everything they at relevant they could at the relevant times, including when you made your is she not your complaints, why is she not going herself? yeah, because iiaiihew— going herself? yeah, because matthew aslef— going hers

this morning , fne— which was released this morning , fne fea— which was released this morning ,fne iea a as a real gift to me— listen. i'm taking this as a as a real gift to me to change my fife,— a real gift to me to change my pg, fo— a real gift to me to change my life, to nurture— a real gift to me to change my life, to nurture myself. i'm faking— life, to nurture myself. i'm taking myself— life, to nurture myself. i'm taking myself seriously. i'm going to get , taking myself seriously. i'm going to get, you taking myself seriously. i'm going to get , you know, get going to get, you know, get under stand it, get super fit , under stand it, get super fit, super strong. really understand what what it was that caused this to , to come as a shadow. it this to, to come as a shadow. it was a shadow like , you know, was a shadow like, you know, looking look at it straight . on looking look at it straight. on with that podcast was recorded the day before sarah ferguson went in to have her operation . went in to have her operation. according to the sun newspaper. she according to the sun new

and it will be a little bit more— most of us and it will be a little bit more comfortable when voa-re—ieawith them? my friends are like, oh— did. what would i do with them? my friends are like, oh my- did. what would i do with them? my friends are like, oh my god, what's she doing now? join me every 6:00 for what's she doing now? join me every-6:00 for gloria every sunday at 6:00 for gloria veers.— every sunday at 6:00 for gloria veers-on— every sunday at 6:00 for gloria iieers. .on -ine| meets. only on gb news. the reopie-s— meets. only on gb news. the people's channel,— meets. only on gb news. the people's channel, britain's news channel hello i channell hello and |cnannei- hello and welcome |cnannei— hello and welcome to gb news sarariav. — hello and welcome to gb news saturday- happy— hello and welcome to gb news saturday. rtrtig “y saturday. happy saturday, sunny afternoon . i hope it's lovely afternoon. i hope it's lovely where you are. i'm dawn neesom and for the next two hours i'm keeping you company on tv, onune keeping you company on tv, online and on digital radio. i'll you up