00:00In Europe we are facing a stagflationary shock, so later this week we'll be publishing the spring economic forecast where,
00:10well, in a sense we'll be adjusting the economic growth figures down, whereas inflation figures up.
00:19We also see that bond markets are reacting to a protected period of uncertainty and globally conflictual geopolitical landscape which
00:31we are facing, which brings us back again to the point of needing to put an end to this conflict
00:38in the Middle East as soon as possible.
