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
Of £115 million. Liverpool agreed a deal four million shy of that figure for the 21 year old on friday. But caicedo s favoured chelsea and they have finally succeeded with a bid after having a number of offers knocked back by brighton. Caicedo will become chelseas eighth signing of the summer. Theres been another coup for the Saudi Pro League. Brazilian star neymar is leaving Paris Saint Germain tojoin al hilal. The fee is understood to be around 90m euros, plus add ons. The two year deal is subject to the 31 year old completing a medical and all the necessary paperwork. It comes after it became clear neymar was not part of new coach Luis Enriques plans for the new season at p56. Solves a problem for ps6 because i dont think they really wanted name are there any more. Wanted neymar there any more. Also it is good news for the Saudi Pro League because amongst a number of star names clearly the move the move this summer, neymar is one of the biggest in football. Everton have released a
At a site in avonmouth near Bristol Police say there have been multiple casualties. All i heard was a big bang and the whole warehouse was shaking. Like, the ground was vibrating, everything. Heres the scene live at avonmouth a Police Press Conference is due to take place shortly. Students sitting a levels and gcses in england next year will be graded more generously, to try to compensate for lost learning during the pandemic the christmas getaway begins for University Students but they are encouraged to get tested and reduce social contact before they travel. The premier league has agreed a 250 Million Pound rescue package for Lower League Clubs in england to stop them from going out of business due to the pandemic. More than 60,000 people in the uk have now died within 28 days of a positive covid 19 test. In the latest figures released by the government, the uk has recorded 1a,879 coronavirus cases and a14 deaths in the past 2a hours. This takes the total number of deaths to 60,113.
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