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with the rising cost of living. it will help with millions ofjourneys through the toughest months, the winter when we know things are going to be tough, and i think it will help attract people to the bus, particularly at a time when costs are so high. ready for lift off.again. nasa prepares to make a second attempt later to launch its most powerful rocket to the moon five days after technical problems scuppered the first. these are live pictures from cape canaveral ahead of take off, which is hoped to be in the next four to six hours. good afternoon. the funeral is taking place of mikhail gorbachev, the last president of the soviet union, who helped bring the cold war to a peaceful end. he died on tuesday at the age of 91. russian president vladimir putin is not attending due to what he described as constraints on his schedule. our russia editor steve rosenberg reports. it was the final farewell to the man who changed the world. in the columned hall of moscow s house ....
in the next three to five hours. mourners have paid their respects to the last soviet leader, mikhail gorbachev, who was buried in moscow, this afternoon. a £2 cap on bus fares across england for three months from january is announced by ministers in the hope it will help people cope with the rising cost of living. a to me, it is a no brainer. there is no point taking the car and then paying for parking fees and everything. it is costing me £15, normally, for a trip, for a day ride for myself and then a day ride for my children. it is extortionate. this will help with millions ofjourneys through the toughest months of the winter, when we know things are going to be tough. and i think it will help attract people to the bus, particularly at a time when fuel costs are so high. russia s main pipeline transporting gas to europe through germany will now not reopen as planned. russian state energy firm gazprom said it had found an oil leak in a turbine on nord stream 1, mean ....
Surprise, what are some of the measures in place to sort of minimise any impact of that? the aood minimise any impact of that? the good news minimise any impact of that? the good news is minimise any impact of that? tw;e: good news is that even minimise any impact of that? tw9: good news is that even before minimise any impact of that? ti9 good news is that even before this shutdown that we are now seeing, aleksei whether flow will come back at some point, but let s assume it won t, inventory is in europe are already back to where they are supposed to be, in fact, in the entries are a little bit higher than we would have expected just a month ago so that is good news. the tough reality is that the only way that you can get out of this and mitigate this is that you have to save energy so europe is already now trying to save energy in order to have a little bit more in winter, and, you know, there are substitutes, lng, other sources of gas, but you can t substitute the entire source ....
Other turbines they could use on the pipeline, and in fact, if they needed to, there are other pipelines they could use so i think people in europe are very sceptical about this reason and they see gamesmanship and political motive here to keep this pipeline shut. prices had reached record levels about ten days ago once the three day maintenance period or nord stream had been announced. it had been that until as late as yesterday evening, people expected the pipeline to come up back after maintenance and that had given the market a certain amount of confidence and we d seen some of the heat come out of those prices. the other thing going on is there has been a lot of discussions in europe in the european commission about measures they can take to cap power prices and, again, traders are responding to that. but now that russia has decided the pipeline won t be opened, it is possible that we could see another uptick in prices when the gas and power markets open on monday morning. there h ....
Out of those prices. the other thing going on is there has been a lot of discussions in europe in the european commission about measures they can take to cap power prices and, again, traders are responding to that. but now that russia has decided the pipeline won t be opened, it is possible that we could see another uptick in prices when the gas and power markets open on monday morning. there has been good news. germany and europe have set targets to fill the storage caverns they have with gas and they were outperforming those targets recently, but i think it s worth saying, and especially now when even at reduced levels we will not have had nord stream gas, that full storage will not last all winter at the normal rate of gas consumption. it s the flow that matters as well as the stockpiles and it will help in the first few months of winter but the danger is, as we get to the second half of the winter, and those stockpiles are being run down, especially if it is cold, with no gas or li ....