early i spoke to steven okon, who's a senior advisor to mccarty, associates. he explains what government are doing to tackle the economic challenges . here's the problem. you have all the factors, none of which any particular government can control climate change in which is leading to that excessive heat leading to flooding, leading to drafts you have the crisis resulting from the russian invasion of ukraine, which is of course, driving up, you know, commodities prices because of the inability to get that ukranian wheat and, and to purchase from russia as well. you've got china in the us and what's resulting from those trade tensions. you've got cove it in the, in the shut down, especially in china. so government can't control any of this yet. a government can't tell its own people who there's nothing we can do. so what they're doing is putting in place some export bands now, which is actually going to make the problem a lot worse. even though it, they think they're going to get a short term political game for like a mattress india. india's got its export ban

now speak to steven okon, who's a senior advisor at mccarty. associates is joining us from singapore. thank you very much for being with us on al jazeera, so huge uncertainty on, on the financial markets in asia. as we saw today, talk to us 1st even about the extent to which geopolitical tensions and factors are at play. here, well, here's the problem, you have all of the factors, none of which any particular government can control climate change in which is leading to that excessive heat leading to flooding, leading to draft. you have the crisis resulting from the russian invasion of ukraine, which is of course, driving up, you know, commodities prices because of the inability to get that ukranian wheat and, and to purchase from russia as well. you've got china in the us in which resulting from those trade tensions, you've got cove it in the, in the shut down, especially in china. so government can't control any of this yet. a government can't tell its own people, but there's nothing we can do. so what they're doing is putting in place some export bands now, which is actually going t