ah, my, this cross live now over to sit here for speak to associate professor mark humphrey . mark vancoogerin is here in nazi now. we know we talked here about these talks about these us sanctions that have been so impose a price cap on russian oil. but how's that affecting the market a bit slow? are they responding to it? well firstly, thanks for having me. it's great being with you. and in terms of the, in terms of the markets, they have been very volatile, but they've been less volatile than you might initially expect. and that's in large part because people unnecessarily show that the price caps will even work or even come into effect. so across many of the european union countries, the isn't a consensus about even imposing a price cup, so hungry in austria for vakio, a very much against a gas price cap and an oil price cap. while that a piece have slightly broader support is non highly cli had that would work. so the g 7 might want that china and india aren't on board, and it is even clear that would be effective. so there has been quite a bit of volatility. and in partne

we spoke with a mark, humphrey jenna, an associate professor of finance and australia. he says that the west's all price cat plan for russia is unlikely to work as india and china on not on board with a g 7 countries, despite pressure to a well to be forced to join this ante, russia coalition, europe's going to had some significant issues coming into winter, so european gas prices in general terms of being increased about energy prices more generally have potential in skyrocketing in many countries. there are multiple different proposals to leave energy price concerns. they're not all necessarily going to actually achieve the purpose of relieving the concerns with facing over the a you definitely does have a problem on its hats. many the european union countries. the isn't a consensus about even imposing a price cup to hungry austrian. so vakio a very much against a gas price cap and an oil price cap. while that appears to have slightly broader support is not entirely clear how that would work. so the g 7 might want that china and india aren't on board. and it even clea

what would the we see instead mark humphrey journal associate professor finance australia says that the west o twice cap plan for russia is not likely to work as india and china aren't on board. the g 7 countries despite pressure, said joy, the coalition, europe's going to have some significant issues going into winter. so european gas prices in general terms of an increase, but energy prices more generally have potentially in skyrocketing in many countries . there are multiple different proposals to leave energy price concerns. they're not all necessarily going to actually achieve the purpose of relieving the concerns we're facing. however, the a you definitely does have a problem on its hands. many of the european union countries, the isn't a consensus about even imposing a price cap, so hungry and austrian, so vakio a very much against a gas price cap and an oil price cap. while that a piece have slightly broader support is not entirely clear how that would work. so the g 7 might want that china and india aren't on board, and it is even clear that would be effective. so there has bee

addressed to 100 downing st staff and marked "official, sensitive", the e—mail said... it wasn't the language sir humphreyrties, prime minister? the next day, the prime minister, after weeks of denials that there had been any lockdown parties in number 10, now admitted that he had attended the reynolds event to thank his staff. i believed implicitly that this was a work event... but, mr speaker, with hindsight, i should have sent everyone back inside, i should have found some other way to thank them. it started with reports of boozy parties in downing street during lockdown. the prime minister pretended that he had been assured there were no parties. now, it turns out he was at the parties all along. can't the prime minister see why the british public think he's lying through his teeth? hear, hear! things were going from bad to worse for the prime minister. it was then reported that in april 2021, on the eve of the funeral of the duke of edinburgh, there'd been two parties in number 10 that had lasted into the small hours. was having to apologise to the queen about those parties the night before she put h

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