All right, Alexander, let's do an update on what is happening in Ukraine.

And I think the best place to start, I believe the best place to start is with the attacks on Ukraine's energy infrastructure, which is devastating Ukraine.

Harkov, Kiev.

They hit a big power plant in Kiev, the Russians the other day.

What do you make of these strikes on Ukraine's energy infrastructure?

Very different than what we saw a year ago when Russia was testing, testing the energy grid of Ukraine.

Profoundly different. I think before I just turn to that subject, I think the first thing to say is

that the overall story is that Ukraine is being smashed. It's been smashed in terms of its energy infrastructure.

It's been smashed on the front lines. It's been smashed in the air. Its air defense system

is collapsing. It's losing its artillery at a scorching rate. I mean, this is, I mean, we're now literally in a situation where we have a boxing match now

between a heavyweight and a lightweight.

And as you can imagine, the lightweight is being absolutely knocked at pieces.

That's the overall story of, you know, what's going on in Ukraine at the moment.

But anyway, let's turn to the energy system.

You're absolutely correct.

This is completely different from what we saw a year ago.

A year ago, the Russians were launching attacks on the energy system, and they had two objectives.

One was to not to, to deplete Ukraine's air defense system, which is very big, very sophisticated,

and it was a Soviet legacy, but it still worked well.

And it was based around this S-300 system, and it was successful.

That campaign forced the Ukrainians to use lots of air defense

missiles to intercept Russian missiles and the result was that by the spring of last year, Ukraine

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