Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba
Along the coastline a once busy town lays lifeless. What lahaina is nothing but ashes. Officials are combing through what is tloeft find the dead. What is left to find the dead. There is a lot of loss here and we are going to see higher numbers as our professionals and maui fire and police to theirjob. For those who survived, hope can be found in prayer. People have gathered in makeshift churches to provide support. Before we come to church, we are like. Why did this happen . But today, you know, because of his words, the pastor, it brings me more. I feel more comfortable and more at peace. But questions are being asked why residents were not warned about the fires. Were Early Warning systems used or did they malfunction . Everyone said the same. Thing, we had no warning, no evacuation notice. So a lot of people i were not prepared. By the time they find i out it was time to go, it was almost too late. There is a review under way to work out what happened. It will take years for the is
Demonstrations or violent actions against u. S. Citizens is and interests, the department of state advises u. S. Citizens overseas to exercise increased caution. The u. S. Finds itself in the cross hairs of an international blacklash against israels retaliation against hamas, despite the fact that hamas slaughtered more than 1400 people. This morning in london, thousands are participating in this propalestinian demonstration urged opt by hamas leaders. This follows similar demonstrations friday in which angry protesters took to the streets around the world burning flags and portraits of President Biden, even an effigy of Prime Minister benjamin netanyahu. They assembled outside many u. S. Embassies, including those in indonesia and mahmoud lay ya, also on the streets of cairo, paes aris and islamabad. Meanwhile, the Rafah Crossing Into Egypt was briefly opened this morning to allow the first convoy of aid trucks to enter the gaza strip. For the latest, im joined by cnns Clarissa Ward i
How big, How Deep Breath do you have to take before making a movie in the days egypt, particularly a movie that is about politics, society, culture in your country today . Im going to tell you what everyone around me told me before making that film dont. Everyone told me, even my family, everyone knew this film was going to explode in my face at the end. Making a political film, or something that has a political statement, its almost suicide. Notjust because the government or the regime, its because of everyone. Everyone were in the midst of a big division in egyptian society, almost amounts to civil war. Maybe the streets, people are not killing each other these days but at some point they did, and the hatred extends to every family member. Egyptian families, the first rule of any Family Gathering is dont talk about politics. So, if everybody, yourfriends, your professional colleagues, everybody said dont, and you did, would it be right to Characterise Eshtebak the movie your act of r
How big, How Deep Breath do you have to take before making a movie in the days egypt, particularly a movie that is about politics, society, culture in your country today . Im going to tell you what everyone around me told me before making that film dont. Everyone told me, even my family, everyone knew this film was going to explode in my face at the end. Making a political film, or something that has a political statement, its almost suicide. Notjust because the government or the regime, its because of everyone. Everyone were in the midst of a big division in egyptian society, almost amounts to civil war. Maybe the streets, people are not killing each other these days but at some point they did, and the hatred extends to every family member. Egyptian families, the first rule of any Family Gathering is dont talk about politics. So, if everybody, yourfriends, your professional colleagues, everybody said dont, and you did, would it be right to Characterise Eshtebak the movie your act of r