really just picking up off what kirt and eunice have already presented your private credit portfolio continues to perform very well and we believe is really well positioned for the current environment and is for what maybe headed our way over the next 12-24 months, so hopefully the market slides that i will walk you through will draw well we think it's so well positioned. first off to put more context around the environment the performance data with the exception of the couple of slides that kirt alluded to for q1 are as of december of last year, so a bit of a lag, but what that performance is captured is one of the steam rising environments over a nine month period so a quick reminder and being specific on the rates that matter really to the private credit market or the corporate floating rate market in general you're focused on for rates specifically one month and three months for rates and those went from in early 22 a zero rate environment to above three half percent by end year and fast forward to the rates are around 5.3% so significant further increase since year end. obviousl

john kirt it and has not given up in the face of difficulties. >> nobody wants to see them struggling and gotting as well as they would like. so we're all dedicated to continuing to help they will what they need. if that means more training, then more training it will be. if that means more capabilities, more capabilities it will be. we're all in this together. >> clare sebastian is live for us in london. and i think these are remarkable admissions from ukraine and a major ally. what factors are being blamed for the slower progress, is it the lack of training? >> it is a number of factors, and this is somewhere where ukraine's president zelenskyy and western officials that we've been speaking to agree it is the slowness with which they were able to start it. remember it was called the spring counteroffensive and they didn't manage to really get things under way until early june. president zelenskyy has since said that is because they were waiting for stocks of weapons to arrive until they reached that sort of critical mass. it is the russian defenses because during that time russia wa