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Business Matters: Belarus threatens to cut off gas to the EU

Belarus threatens to cut off gas to the EU

12/11/2021 GMT

BBC World Service - Business Matters, Belarus threatens to cut off gas to the EU

The EU is reportedly warning of potential sanctions over Belarus's border crisis

President Lukashenko of Belarus has threatened to cut off gas supplies to Europe if sanctions are imposed over an escalating migrant crisis at the country's border. Thousands of people are at the border with Poland, enduring freezing conditions in the hope of crossing into the European Union. We get analysis from James Waddell, senior global gas analyst at Energy Aspects. Indonesia’s council of religious leaders has forbidden the use of crypto assets as a currency for Muslims. The country's National Ulema Council has declared cryptocurrency as haram, or banned, as it has elements of uncertainty, wagering and harm. Umer Suleman an Islamic Finance expert explains Sharia law when it comes to finance. The BBC's Ed Butler reports on whether Hong Kong's long term future as a global finance hub is sustainable, against the backdrop of the new national security law in the territory, as well as stringent coronavirus quarantine measures. 

All this and more discussed with our two guests throughout the show: Jessica Khine a financial professional in Nusajaya, Malaysia and Les Williams, associate professor at the School of Engineering, University of Virginia and co-founder of Risk Cooperative, in Arlington Virginia.

(Picture: Belarussian President Alexander Lukashenko. Credit: Getty Images.)

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