is the largest investor in singapore. singapore's investments in the u.s. and u.s. exports to singapore support over a quarter million american jobs. when the defense front singapore is a major security cooperation partner of the u.s. in fact the only country with this status. for more than 30 years we have had an m.o.u. on defense cooperation signed in 1990 and recently renewed in 2019. which has provided the u.s. military access to singapore's air and naval bases. we are also expanding our cooperation into new areas, including cybersecurity, digital economy, sustainable development, and even space. singapore deeply appreciates president biden's leadership and strength yenning in the region. we welcome his intention to host a special summit here soon. it's a strong affirmation of american commitment to southeast asia. the president and i discussed the importance of the u.s. growing strategic and economic stakes in the asia pacific. it's important to advance a positive economic agenda that's open, inclusive, up-to-date, and flexible. we therefore welcome america's p

and how do you anticipate that global supply chain, all that stuff impacting singapore. so st or even before the concert had been experiencing increasing inflation like many other places of the world in the world . so this current sell a spike in all prices also in food prices is going to hit single. or i think that the full effects artfully are, aren't felt yet, but they will buy, and i suppose it's a bullet that singapore will have to bite. fortunately, singapore is our wealthier so may be able to come up with subsidies and things like that for its own citizens are, although the slight wrinkled there is that it also recently passed a are goods and services. tax increase or some of its citizens will really feel the pressure that come with inflation in china. thank you so much for joining us. absolutely. thank you. the clearest impact, the sanctions have, of course, is on rations. and that doesn't just mean those in russia. it also means those living and working abroad, some have been living in paradise in barley, but their situation is turning into a bit of a nightmare.

exports to singapore support over a quarter million american jobs. on the defense frowned, it is a major security cooperation partner of the u.s. in fact the only country with this. more than 30 years we've had the defense cooperation in 1990 and recently renewed in 2019 which has provided the u.s. military access to the naval bases. we are also expanding the cooperation into new areas for the digital economy, sustainable development and even space. singapore deeply appreciates the leadership and strengthening u.s. engagement in the region. we welcome the intention to host the special summit soon. it's a strong affirmation of the american commitment to southeast asia. we discussed the importance of the strategic and economic states in the asia-pacific. it's important to advance the agenda that's open, inclusive, up-to-date and flexible. we therefore welcome america's proposed indo pacific economic framework which would strengthen america's engagement in the regional economic architecture. i discussed on the recent visit to europe by the ongoing crisi

let's bring in eli lee, from the back of singapore. he is with me here on the singapore set. worst we have seen? is the global drought over? eli: i don't think so. to be clear, i don't want to sound bullish. i do think it is premature for some of our clients to think if they -- ask if they should be going into cash in a heavyweight or ask if they should be trading the swings ahead. our some underlying fundamentals and at the global economy that are still very strong. juliette:. juliette: we are seeing this risk of a hard landing risk raising. i guess there is this hope that it might be semi-hard and not going to be too difficult for the economy to really maneuver. but do you think a lot of these aggressive rate hikes have been priced in? eli: i do think the fed's telegraph -- has telegraphed its move very well. when you are trying to heat the market, you are doing it wrong. i think the risk is priced in. second, let's not forget the underlying reopening trends related to the pandemic are still intact. household balance sheets are strong. there is still some good size to this

and how do you anticipate the global supply chain, all that stuff impacting singapore. so sing, for even before the concert had been experiencing increasing inflation like many other places of the world in the world. so this current seller spike in all prices also in food prices is going to hit singer. or i think that the full effects artfully, are felt yet, but they will buy and i suppose it's a bullet that singapore will have to bite. fortunately, singapore is wealthy or so may be able to come up with subsidies and things like that for on citizens. ah, although the slight wrinkle there is that it also recently passed a goods and services tax increase or are some of it citizens will really feel the pressure that come with inflation in china. thank you so much for joining us. absolutely. thank you. the clearest impact, the sanctions have, of course is on rations and that doesn't just mean those in russia. it also means those living and working abroad. some have been living in paradise in barley, but their situation is turning into a bit of a nightmare. constantine ivano

it's quite key to singapore is self understanding and it's positioning internationally. but it's a country that has also generally avoided taking sides. so i wonder how big a deal is this. and do you get a sense of whether a citizen support the move? right, so given, given those considerations of sizing for tens, not to want to get into a big fight, but because this is seen, this issue of sovereignty and international law seem to be key to singapore its own interest. so it's not really taking a side apartments in course own side, right. so in addition, i think our to the question about, you know, how the public sees it, public actually is sort of split on it. there are some who are quite critical. they would rather just avoid any trouble, not say anything, especially after russia publicized a sing for the list of names that of countries that included singapore saying that they were unfriendly to russia. those. so there's some fear of repercussion. in addition, i think singapore is talking about the sovereignty issues, but it's also interested in joining the sanctions bec

— is what has struck him so notjust singapore but other countries that may he _ singapore but otherare pushing the sanctions, the 141 countries — are pushing the sanctions, the 141 countries that voted to condemn this the other— countries that voted to condemn this the other day so it really is a situation _ the other day so it really is a situation per rush hour is becoming more _ situation per rush hour is becoming more and _ situation per rush hour is becoming more and more isolated and has no one else _ more and more isolated and has no one else to— more and more isolated and has no one else to turn and that is the idea _ one else to turn and that is the idea that — one else to turn and that is the idea that you want to cut them off so much _ idea that you want to cut them off so much that putin realises he is going _ so much that putin realises he is going to — so much that putin realises he is going to fail. i think this is a significant stake and we will see more _ significant stake and we will see more sanctions to come.- significant stake and we will see more sanctions to c

were you born in singapore? shouzi: i am born in singapore.: did you go to college or and high school in singapore? shouzi: the thing about growing up on a small island like singapore is, david, you get wanderlust at a young age. it is a tropical paradise. it is a tiny island. i love it but it is very small. after high school and after national service -- we have national service there -- i went to the u.k. for college and subsequently to the u.s. to business school where i met my wife. david: you went to harvard. shouzi: yes. david: were the people there smarter than you thought? shouzi: i had a great time there. the most important moment was i met my wife in business school. to me, it was a great two years. david: you graduate from harvard business school in what year? shouzi: in 2010. david: what did you do then? shouzi: after business school, i joined an investment company called dst that invests in internet companies. david: is this yuri milner's company? shouzi: yes. david: what did you do? you looked for internet related investment? sho

welcome to newsday, reporting live from singapore. i'm mariko oi. the headlines: as the un calls for an end to the war in ukraine, we report on the battle for a key town in the south of the country where ukrainians have pushed back russian forces. this war is only a few weeks old, and erections will certainly be back with more soldiers and a lot more firepower. —— the russians will certainly be back. fleeing the besieged city of mariupol, survivors tell of children dying there because of a lack of food and water. a prominent kremlic critic gets anotherjail sentence — the us says it's part of the crackdown on dissent, to hide the war in ukraine. and as more cities in china lock down, can beijing's zero covid policy ever beat the highly contagious omicron variant? live from our studio in singapore, this is bbc news. it's newsday. it's 7am here in singapore and 1am in the morning in ukraine, where the people there are said to be enduring "a living hell" where the people are said to be enduring "a living hell" according to the head of the united nations

singapore is saying more education will be moved online.spoke exclusively to us and explain how technology will accelerate the pace and reach of quality education. >> there are many things we want to do faster and better. the first example would be the blended learning model. we will have more classes online and have our students have the skill set. going forward, we expect more and more times will be spent on collaboration and targeting creativity. taking lessons from covid, we will move lessons online, allowing our students to pick up skills to learn. [indiscernible] with technology, you can now use the lessons for classrooms across the nation as fast as you can. that is something we really want to do more. >> if you take a look at uneven internet access, how do you think this might play out? it's estimated 38 million children worldwide do not have access to schooling. how might this play out for the world? what does it mean for the most honorable in asia? -- vulnerable in asia? >> it could be -- we have seen countries larger than singapo

welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines: as the un calls for an end to hostilities, we report on the battle for a key town in the south of ukraine where russian forces are being pushed back. this war is only a few weeks old and the russians will almost certainly be back with more soldiers and a lot more firepower. fleeing the besieged city of mariupol, survivors tell of children starving to death. a prominent kremlin critic gets another jail sentence, the us says it's part of the crackdown on dissent, to hide the war in ukraine. and in other news: with more cities in china in lock down, can beijing's zero covid policy ever beat the highly contagious omicron variant? hello to viewers on pbs in the us and around the globe. it's 9am in the morning in singapore, and 3am in ukraine where people, in the words of the united nations, are enduring a living hell. its head, antonio guterres, has appealed for an end to the war, warning the situation is becoming more destructive and unpredictable by the hour. ukraine says

and focusing on singapore's decision to impose sanction on four russian banks.e country to try and put pressure on vladimir putin to change course?— put pressure on vladimir putin to change course? put pressure on vladimir putin to chane course? . . , ., , ., ., change course? which shows that more and more countries _ change course? which shows that more and more countries are _ change course? which shows that more and more countries are coming - change course? which shows that more and more countries are coming on - and more countries are coming on board _ and more countries are coming on boara . ., ., . and more countries are coming on boar. ., . . ., , board with economic sanctions, a . ainst board with economic sanctions, against russia _ board with economic sanctions, against russia which _ board with economic sanctions, against russia which is - board with economic sanctions, against russia which is beyond| against russia which is beyond western groups and some asian financial centres such as singapore and that is a positive and the most intense economic

it was singapore alone this week. why singapore? well, as the only country in se, asia that is complied with washington demand to condemn and impose sanctions against russia. i'm sure you're completely pleased with what's happening and you're right now. but we definitely appreciate the time they're giving to singapore the supplication countries generally. so why the cold shoulder from the rest? well, as the u. s. has made clear and criticism of the neutral position taken by china and india, the by name, ministration, expect nothing short of full condemnation of russia right now. but many of the countries in the region, how strong economic time with russia, and they're not willing to jeopardize that relationship out. washington command, for example, vietnam relies heavily on russia worth calls of why were served as the largest product in the $1780000000.00 worth of goods that being on ordered from russia and 2020. on the other hand, indonesia relies on russia to buy its resources with over $1000000000.00 worth of goods exported or ru

reporters and the contingent that came from singapore.t the president emphasized in his early remarks is that the issue of ukraine was discussed with his counterpart, and that every region of the world, he mp sized, is concerned about what is happening in ukraine, not just europe, because of course the president just came back from europe and it was clear that g-7 countries and the nato partnership are obviously deeply new jersey devilsed in that. but looking at singapore, a city state in asia with an enormous banking component and is obviously in a part of the world where the north korean threat is perhaps more of concern and china's potential as the mag gnat of power in that part of the world is a concern. but he wanted to emphasize their conversation did include concerns about ukraine and the unjustified war of vladimir putin. so please stop me when there is the q&a. >> i will. >> that is the issue here. >> very quickly, kelly, i'm curious, you got a direct response from the president saying nothing has changed, i'm not walking back an

shouzi: i was born in singapore. david: did you go to college and high school in singapore?nk of growing up in a small island. you get wanderlust at a young age. it is a tropical paradise, a tiny island. i love it but it is small. after high school and after the national service -- we have national service there -- i went to u.k. for college and subsequently a business program. david: you went to harvard business school. shouzi: i did. david: how did you think it was? where the people smarter than you thought or not as smart as you thought they would be? shouzi: i had a great time there. the most important moment, i met my wife in business school. to me, this was a great two years. david: you graduate from harvard business school in what year? what did you do then? shouzi: i joined an investment company called dst. it invests in internet companies. david: is this your company? shouzi: yes. david: what do you do for him? you look for internet related investments? how many years where you there? shouzi: i was there for about five years. it was during this time that i invested

i'm karishma vaswani in singapore. 0ur headlines... russian shelling, but the resistance of ukrainian fighters holds firm. in the south, rescuers search for survivors after a theatre is bombed with hundreds sheltering in the basement. around 3 million people have now fled ukraine both china and russia deny any knowledge of this, but the white house as president biden will raise the subject with his chinese counterpart in a phone call scheduled for friday. here's what antony blinken had to say about this. ~ , ., . ., this. we believe china in particular has a responsibility _ this. we believe china in particular has a responsibility to _ this. we believe china in particular has a responsibility to use - this. we believe china in particular has a responsibility to use this - has a responsibility to use this influence to defend the principles it professes to support. instead, it appears china is moving in the opposite direction by refusing to condemn this aggression while seeking to portray itself as a neutral partner. they're considering

i'm karishma vaswani in singapore. 0ur headlines.— as russia says it will scale back military operations around the capital kyiv. western leaders express doubts about russia's intentions. the us secretary of state says moscow continues to brutalise ukraine. in other headlines for you today, police in london say there could be more fines issued, on top of the 20 announced on tuesday after covid laws were broken during lockdown in the british government. police say they won't reveal who's to be fined, though prime minister borisjohnson was at some of the events. mrjohnson attended the memorial service for queen elizabeth's husband prince philip, as our political editor laura kuenssberg reports. a moment to stand on ceremony. the prime minister on the list for a grand gathering that would have been forbidden under the covid laws he set. laws that meant the queen mourned her husband alone. today, arriving for this major memorial quietly, through a side door. borisjohnson�*s already had to apologise to the monarch for rules being flouted

/singapore partnership is essential, i believe, to realize that future.again, prime minister lee. i always appreciate consulting with you. as i told you, both you and singapore punch way above your weight. way above your weight. and i value the time we spend together and look forward to many more meetings. the floor is yours. >> thank you, president biden. thank you for those warm remarks. >> all right. that is the president of the united states, joe biden, meeting with singapore's president. they are holding a joint news conference there. if they take questions, we will get back to it, but the president saying that in any nation, putin's war is unacceptable. let's get back to what's happening in the region. before we went to the president and singapore's prime minister, i was getting ready to go to ben wedeman in mykolaiv, a city hit hard by russian attacks. back with us now. let's talk about the strikes that continue there. more people were killed there. what can you tell us? >> i can tell you, don, that at 8:45 this morning, local time, this city was s

i'm mariko 0i in singapore. 0ur headlines...ivilians were sheltering in the southern city of mariupol is destroyed. president biden brands vladimir putin a war criminal, as the white house pledges $800 million of military support for ukraine. ukraine has 15 nuclear reactors — eight are still operating, and two are already in russian hands at zaporizhzhia in south—eastern ukraine. it's one of the largest plants in the world, and it alone provides a quarter of ukraine's electricity. the defunct chernobyl site, which exploded in 1986, is also under russian control. so, how worried should the world be about russia's unprecedented take over of these sites? let's speak to associate professor tilman ruff from the university of melbourne. he is also co—president for the international physicians for the prevention of nuclear war, winning a nobel peace prize 1985. he joins us from melbourne. thank you so much forjoining us on newsday. from what you understand, what is the latest situation at the plant at zaporizhzhia? i4541431111 what is

i'm karishma vaswani in singapore. 0ur headlines...evastated by russian shelling. but the resistance of ukrainian fighters holds firm. in the south — rescuers search for survivors after a theatre is bombed with hundreds sheltering in the basement. new british intelligence reports suggest moscow's invasion has �*largely stalled' with heavy russian losses and fierce ukrainian resistance. for places in ukraine like the city of 0desa — yet to witness an offensive, residents are faced with a difficult decision — to leave or stay. russia is eager to take the crucial port city on the black sea coast. 0ur correspondent andrew harding is in 0desa as it prepares its defences, and he sent this report. 0n ukraine's black sea coast, they're getting ready for the russians. filling sandbags... ..and blocking the streets of 0desa, an ancient port city once attacked by lenin, then by hitler, now braced for putin's invasion. some here cling to a sense of normality. "of course the war will come, with all its death and suffering, and for what?" asks 77—ye

welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines: russian attacks intensify, civilians are trapped as ukrainian forces fight for control. hundreds lining up, hoping to escape to the west. moscow suggests those fleeing can go straight to russia or belarus. ukraine called the move "completely immoral." the un's humanitarian chief urges all sides to ensure safe passage for those trying to flee the fighting. and from living in peace to living in a war zone: our special correspondent, fergal keane, speaks to ukrainians he met before russia's invasion. live from our studio in singapore, this is bbc news. it is newsday. it's 9:00 in the morning in singapore, and 3am in kyiv where ukraine's foreign ministry says russia has continued to bombard mariupol, kharkiv and other key cities, preventing the evacuation of civilians. the russians are now said to be in control of these areas that you can see shown in red. negotiations to agree humanitarian corridors broke down after moscow said it would open routes leading to its own terri

i'm mariko oi in singapore.n ukraine since the start of the war, more than a quarter of the population. ukraine's deputy prime minister says there can be "no question" of surrender in mariopol. russia had set a 5am deadline for the city's defenders to lay down their arms. us presidentjoe biden has already said he thinks vladimir putin is a war criminal. meanwhile, former british prime ministers gordon brown and john major say they back a nuremberg—style tribunal for the russian president. and the international criminal court has opened an investigation into russia's possible war crimes, crimes against humanity and genocide in ukraine. earlier, i spoke to maria varaki from the war crimes research group at king's college london and asked her if russia had broken international law. the russian invasions of ukraine is a flagrant violation of international law. of all fields of international law from the reservation of unusual force to international humanitarian law as we say related to the conduct of hostilities and

reporting live from singapore, i'm karishma vaswani. the headlines... kyiv is under a 35—hour curfew. the city's mayor warns of a �*dangerous moment'. there is a real sense that the danger, the conflict is coming closer, and a feeling here now that nowhere is safe. russia claims it now controls the entire southern region of khershon, but residents continue their protests against the occupation. and a court in moscow fines the tv journalist who staged a protest against the war on russian state tv. live from our studio in singapore... this is bbc news. it's newsday. it's eight in the morning in singapore and 2am in ukraine, a country under attack from russian forces, even while peace talks are continuing. in the capital, kyiv, the mayor has warned that the city is facing a difficult and dangerous moment after at least four people were killed in russian airstrikes. residential buildings were hit, along with a metro station. a 35—hour curfew has been imposed, with residents of the city asked to stay at home for the next two days and only leave if air raid s

with me here in singapore.re a bloomberg subscriber, you can catch up with all of our interviews. you can also join the conversation by sending instant messages to us during our live show. this is bloomberg. ♪ >> you're watching bloomberg markets asia. the singapore prime minister said to address the city. the press conference going up soon. they did say it would be about three or six months to the new normal. we have these vaccinated travel lanes. a lot of speculation about whether there will be an easing of domestic restrictions that have been in place during the pandemic so we will be monitoring the singapore prime minister speaking there. we heard from the minister last week saying the hospital systems are still a little overwhelmed. we will be continuing to monitor what the prime minister will be say about the easing and opening up in the city state. that is ahead in bloomberg markets asia. to stay with us. this is bloomberg. ♪ at xfinity, we live and work in the same neighborhood as you. we're always work

i'm mariko oi in singapore.ce the start of the war, more than a quarter of the population. asa as a russian deadline looms for defenders of mariupol to lay down their homes, the deputy prime minister says there will be no surrender. many see the invasion of the country by vladimir putin as a pivotal moment in history. the german chancellor, olaf scholz, has called it a turning point, a monumental shift which will have consequences for many nations and how they work together. our special correspondent allan little has been assessing how the war is redrawing the world. the war in ukraine has changed the world. we are in new and more dangerous times. the post—cold war era is over. it has been brewing a long time. it is nearly 20 years since vladimir putin first sent troops to occupy parts of georgia, and eight since he occupied parts of ukraine. he has sent spies into british cities armed with nerve agents to murder exiled russians. but the western democracies did not disengage. europe built up an unhealthy depende

taking a 2nd to expand its own ties with another asian nation, singapore. the only country in the southeast region to open a condemn russia in washington to opt for a bilateral summit with singapore, instead of a proposed meeting with other leaders from southeast asia, as ortiz, rachel blevins reports. at the start of this year, the white house as a new hit in its foreign policy, it was going to concentrate on the east with a strategic focus on establishing the american presence firmly in the in the pacific under president biden. the united states is determined to strengthen our long term position in commitment to the indo pacific. we will focus on every corner of the region from northeast asia and southeast asia to south asia and oceania, including the pacific islands. well, it has been less than a month since that $900.00 page document was published and it has not been met with a warm. 2 as it seems that every quarter of the region is not keen on having washington dictate their policy while the buying administration promised to summit with representatives

i'm karishma vaswani in singapore. our headlines...hief in kyiv says moscow may be attempting to split ukraine in two after failing to take the whole country. as russia's offensive stalls and civilian deaths continue to rise, the two sides agree to face—to—face talks in turkey on monday. some other news for you now, away from ukraine — china has announced its biggest city—wide lockdown since the covid outbreak began more than two years ago. the entire population of shanghai will be restricted to their homes over the next nine days. residents will be locked down in two groups between the 28th of march and the 5th of april and a mass testing programme will be put in place. all public transport will be suspended for the duration and factories will close. only public services and food supply operations will be allowed to continue. shanghai reported over 2,500 asymptomatic covid cases on sunday — a new daily record. our china correspondent, robin brandt, says the order has triggered panic—buying by residents. the city has been on its knees

i'm mariko oi in singapore. in ukraine since the start of the war, more than a quarter of the population. russia has ordered people in the city of mariupol to surrender within hours. us presidentjoe biden has already said he thinks vladimir putin is a war criminal. meanwhile, former british prime ministers gordon brown and john major say they back a nuremberg style tribunal for the russian president. and the international criminal court has opened an investigation into russia's possible war crimes, crimes against humanity and genocide in ukraine. but how likely is it that the russian president is held to account? i'm joined by maria varaki, lecturer in international law and co—director of the war crimes research group, king's college london. thank you so much forjoining us on the programme. understand this is a very, get a question, but in your view, has russia broken international laws? ,., ., international laws? good evening from london- _ international laws? good evening from london. well, _ international law

it was singapore alone this week. why singapore? well, as the only country in southeast asia that is complied with washington's demand, to condemn and impose sanctions against russia, i'm sure you are right now what the job with . so why the cold shoulder from the rest? well, as the u. s. has made clear and it's criticism of the neutral positions taken by china and india. divine and ministration. expect nothing short of full condemnation of russia right now. but many of the countries in the region has strong economic ties with russia, and they're not willing to jeopardize that relationship out washington's command. for example, the anom relies heavily on russia for its coal supply, which served as the largest product in the $1780000000.00 worth of goods. it being on ordered from russia and 2020. on the other hand, indonesia relies on russia to buy its resources with over $1000000000.00 worth of goods exported or russia in 2020. but it's not just about the economic impact. it's also a question of the overall gravity. the u. s. has is

i'm karishma vaswani, in singapore. 0ur headlines...ian corridors have broken down after moscow said it would open routes leading to its own territory or to its ally belarus. the un's humanitarian chief urges russia and ukraine to ensure safe passage for those trying to flee the fighting. opposition to the war is being suppressed in russia, where thousands have been detained for protesting against the invasion. meanwhile, world leaders are stepping up diplomatic efforts to find a way through the crisis, with the us secretary of state antony blinken in eastern europe for talks. 0ur diplomatic correspondent caroline hawley has the latest. they flew in from their battle—ravaged nation, the ukrainian delegation arriving on the border with belarus for a third round of talks with the enemy, with more meetings planned, but there is almost no faith in the sincerity of russia's side. the russian defence ministry today released these images, said to be of tanks around ukraine's capital, kyiv. it is the military hardware, the guns and the bombs, t

i'm karishma vaswani in singapore. our headlines... cities. one person has been killed and 12 injured in a strike on an apartment building near kyiv. authorities in mariupol say a convoy of civilian vehicles that managed to leave the city has not yet reached its intended destination. tens of thounsands of people in the uk have already signed up to the british government's new sponsorship scheme — launched on monday — to allow more ukrainian refugees to travel to britain. anyone wishing to get involved will need to undergo vetting checks and register on a government website. in return, hosts will receive £350 a month — that's around $500 — to take in refugees from ukraine for at least six months. over 40,000 have already registered their interest. a short time ago, i spoke to our political correspondent, helen catt. it's been going up all afternoon, so the government opened this scheme. it's website went live mid to late afternoon this afternoon where people can register their interest to say i have a spare room, somebody could stay in

i'm karishma vaswani, in singapore. 0ur headlines...ets in the capital —and a convoy of russian armoured vehicles continues to advance russian forces attacked ukraine's second city, kharkiv, with rockets and cruise missiles targeting civilians. in the next few hours, president biden will deliver his first state of the union address in the us capitol. the speech has been hastily rewritten in the last few days to focus on the war in ukraine and the us response. but he can't ignore the country's domestic issues — with inflation at a a0 year high. that's one reason why his poll ratings are at an almost record low. for more on this i am joined now by our washington correspondent nomia iqbal in washington. great iqbal in washington. to have you on the programme. great to have you on the programme. you know, with so many challenges that he is facing both on the domestic and on the international front, what is likely to be the big focus in this speech today? well, the state of the union address as an opportunity for president biden to basically

and we are hearing from the monetary authority of singapore which is the de facto bank of singapore.aring from the chair, saying that higher and longer inflation now is very likely. that we are entering an era of unprecedented risk as well as fragility. and that stagflation pressure is a serious risk. inflation of course a huge headache on the back of surging commodity prices. not just oil but throughout the commodities space. we saw how nickel top $100,000 a barrel. also saying that the world is entering a long storm. the world entering a long storm. still to come, indian interpreter and cofounder of byju's, divya gokulnath joins us to talk about the company's philanthropic efforts. this is bloomberg. ♪ is is bloomberg. ♪ haslinda: today on bloomberg equality we spoke with india's most valuable start up, byju's. since its launch last year the campaign has impacted 3.4 million children in india by making digital learning accessible for kids from underprivileged backgrounds. their goal is to educate 10 million children by 2025. let's bring byju's co-founder divya gokulnath for an excl

dani: thank you, juliette in singapore.viation summit that brings together europe's leading airline ceos is taking place in brussels today. it comes as the sector is facing multiple headwinds including volatile fuel prices and the war in ukraine, and a turbulent post-covid recovery. one of those in attendance is michael o'leary, ceo, ryanair. thank you for joining us today in the middle of this summit. we have to start with energy and fuel prices. we have this announcement from the white house of sbr release of those reserves. oil prices are coming down. in the past you said you 80% hedged with fuel prices, but how much of a relief is it for you to see lower oil? michael: it is some relief to our customers. ryanair is 80% hedged until march 2023. we are in a strong position. it is not good for the industry or consumer confidence that we have escalating energy prices. we want to see an early conclusion to the unlawful invasion of ukraine. and much more stability in the energy price markets. dani: even if it does not hit your