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I think it was an effective measure. The idea now is we have to hit back hard. We have to hit back strong if were going to finally put this dual crisis of the pandemic and economic payment engendered behind us. With respect to larrys point, one thing is just wrong which is our team is dismissive of inflationary risks. We have constantly argued the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to put this virus behind us. I want to quote Jerome Powell who strongly reiterated this view the other day. I think it w...

exports via the black sea for another two months. the existing deal was arranged last july to tackle a global food crisis caused by russia's invasion of ukraine — one of the world's top grain exporters. it was due to expire today, thursday. arnaud petit, executive director of the international grains council — says the extension is vital for many countries food security. you're right, it is very important to have this extension, particularly for north african, sub—saharan african countries, which would import much more grains that we have seen in the past season, so really it's...

as you've been hearing, leaders of seven of the world's top economies are meeting in the city of hiroshima. but it's the two that aren't attending that will be talked about the most. as well as new sanctions on russia they'll be focusing on china and how to counter its increasing economic power. as the bbc�*s nick marsh in hiroshima explains. the g7 kicked off and the two biggest issues on the agenda are a war in ukraine and the economic containment of china. on that first subject the us got off to a quick start before the summit had even begun. they announced a fresh batch of sanc...

welcome to the programme. ukraine has been a common theme at two major leaders' summits. we will cover it all here tonight on the context. on the first day of their annual meeting injapan, g7 leaders agreed new sanctions against russia. meanwhile in saudi arabia, president zelensky made a surprise visit to the arab league gathering, urging those attending, to support ukraine. also making the headlines at that summit — president assad of syria — it's the first time he's been invited to the arab league since the devastating civil war, that's blighted the country. and later in the p...

the russian prison was called a criminal, returning to the crime scene. it was the first time mr burton had been to newly occupied ukrainian territory. now my bbc news, talking business. let's take a look at what is on the show. spy balloons, tiktok and taiwan. trouble is never far away from the us china relationship so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world's two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond c...