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a lid on everything else. all these interlocking global forces meant i had one question for one of the most important people in globalfinance, the managing director of the international monetary fund. kristalina georgieva, a real pleasure, my friend, having you on this show. and kristalina, let s start with this, because you ve recently said a third of the world is heading into recession this year. how deep do you think the recession could be? what we are looking into is a tough 2023. as you know, we are already experiencing labour market disruptions. when inflation cuts the spending power of people, sooner or later they demand higher wages and if they don t get it, they re on the street. and that kind of disruption we have to be prepared for. and if i have one message to policymakers today, it is, please look into the way you can protect the most vulnerable people given that fiscal conditions are tight, and anticipate the impact of high interest rates on labour market ....
or corky from the night manager, you ll certainly recognsie this famous face. tom hollander and his fellow actor will keen on stage, on putin and russia s billionaires. and with me the real life logan roy. actor brian cox is back after the huge success of the drama succession. rain newton smith, the boss of the cbi battling to save it, and salma shah, tory insider and former adviser at the home office. morning, morning. promises, promises the conservatives made some huge ones in the past on imigration and they simply haven t been kept. before we talk about that let s take a look at some of the front pages. there s no one story that dominates today. the sun looks ahead to holly willoughby s return to the tv sofa tomorrrow after all that drama. the mirror suggests auntie holly , claiming the bbc is trying to poach her. who knows? the sunday times features one of our talking points today what s going on at the cbi, suggesting the former boss tony danker is going to su ....
the novocherkassk was hit during an attack on the port of feodosia in russian occupied crimea. local officials say at least one person was killed, and ukraine said the ship was destroyed. president zelensky wrote on telegram, the occupiers will not have a single peaceful place in ukraine. james waterhouse reports. for ukraine, this was a high value target. explosion the novocherkassk landing ship struck by a guided missile. the blast was colossal. moscow claims it was only damaged. kyiv says destroyed. it s going to need more than a lick of paint, regardless. crimea has been in russia s grasp since 2014. but sights like this have become more common with ukraine striking deeper into the peninsula. the novocherkassk would have almost certainly been loaded with either soldiers, hardware, or both. its loss will hamper russia s ability to supply troops further north, as well as further weaken its naval dominance in the black sea. what attacks like these have yet to do is ....
the end of fossil fuels, and the return to the office. oh, boy, it s been quite a year. we re going to hear from the policy makers, the big bosses, and the unlikely stories that made the year so tumultuous. from the head of the imf and nasa to the side hustler making millions. how much money do you make doing this? so this past year, we did over $2 million. shut the front door. it s been a wild ride in business and work, so buckle up as we look back at 2023. wherever you joining me from around the world. once again, a big hello and a warm welcome to the show. you know, as the year began, europe, it was feeling lucky to have got through a relatively mild early winter. nevertheless, the russian invasion of ukraine and the impact it had on energy and food prices were certainly at the top of the agenda. the year to come in the west, well, it would be a dance between rising prices and wages and interest rates, which were just going up to keep a lid on everything else. all th ....