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tv   Street Signs  CNBC  December 12, 2023 4:00am-5:00am EST

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and that's all for this edition of "dateline." i'm craig melvin. thank you for watching. [music playing] ♪ good morning. welcome to "street signs." i'm joumanna bercetche and these are your headlines. ukraine's volodymyr zelenskyy lands in washington for talks with president biden and congressional lawmakers to press for fresh funding in the war against russia. we get the view from eu council president charles michel shortly. a climate deal on the brink of failure after the call to
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phase out fossil fuels. >> it is important that we think about how we get that balance. there are those who want to phase out and those who phase down. those who want different formf formu formulations. u.s. futures flat line as investors await the key inflation report out of the u.s. and the beginning of the fed's final fmoc meeting of the year. google loses a landmark anti-trust case with epic games as developers impose barriers in the android app store. good morning again. welcome to "street signs. we have a packed show to get through today. there is a lot going on in
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markets. the market's attention on the u.s. cpi print later today. we have wage data surprising to the downside and a lot of news in cop28 in dubai. before that, we start with politics. u.s. president biden is set to host ukrainian counterpart president volodymyr zelenskyy at the house today. volodymyr zelenskyy is expected to hold talks with the house and senate leaders. congress remains divided of the $60 billion of aid to the country. meantime, eu leaders are set to discuss ukraine on top of the agenda. viktor orban is expected to block the package. we have silvia here with more. silvia, to what extent is mr.
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orban's reluctance? >> it is no change in the position or flexibility for the time being. what we heard from hungarian officials so far is providing further support to ukraine at this stage when they are not seeing improvements on the ground? there is a lot of pressure from the hungarian side on how ukraine is not advancing as they would have liked to see it. let's see how the argument will evolve. at this time, there is no compromise among the heads of state. they will gather in brussels this week. that is when we see them try to find agreement among the 27. of course, let's see whether or not that will be possible. for about two-to-three weeks, some officials in brussels have
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told me there is a plan b on the table in case hungary does not approve the 50 billion euro for ukraine. we could see the 26 coming together to do that to support kyiv, but that would not look good as we discussed yesterday, that it is not as united as they say when it comes to supporting ukraine. let's see how the conversations evolve. one thing for sure is this is a complicated summit. we hear from officials saying the leaders are booking an extra night in brussels to, perhaps, have a conversation also during the weekend. i want to show you remarks from the ukrainian minister for foreign affairs who was in brussels yesterday. he made the comment if there is no agreement among the 27-member states to support ukraine, there could be ramifications for the eu itself. >> i think you should think of the consequences for the eu in
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case of a failure. in the end, if the eu fails to deliver two fundamental principles that make european union special in the world get undermine, which is unity and credibility. those who think this decision may lay the path towards concessions or talks with russia are miscalculating. if, th the support shrinks, it not help to restore peace. this is why it is important to continue supporting ukraine at all levels. in the end, yes, the battlefield is in ukraine, but what's at stake in ukraine is the
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prosperity and safety of the entirety of the eu. >> all eyes on are on the eu at this stage. we are also keeping an eye on the united states. their support is very important for ukraine and the president and volodymyr zelenskyy are set to meet today. >> you have to wonder how closely linked the two will be. the 50 billion euro package is an issue, but the possible concession talks within the eu. i thought it was interesting that mr. orban is pushing back on the money, but saying the talks should not happen until after the european elections next summer. disappointing for ukraine. >> absolutely. they are looking for the political sign from the eu as a whole that they will be able to join the eu in the future. from some of the conversations i had with officials in brussels, what could happen at this summit is that we hear the leaders
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saying we are ready to start talks with ukraine, but later on. you get the political sign for the time being, but you don't get the actual action of starting those conversations. it is important for ukraine to receive support. we heard from ukrainian officials that it has helped with morale on the ground. as they fight that counteroffensive, any message can be helpful. this is a very tricky one because, as you know, some countries are quite against the idea of enlargement of the eu. >> silvia, you have been covering brussels for a very long time. we know mr. orban is a very nimble tactician. the reason he is holding out on supporting the bailout package for ukraine is he wants to get something back in return. how likely is it that the eu actually unfreezes the aid or the money that is due to hungary as a quid pro quo?
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>> it could be likely one scenario we see this week. of course, we know that there's always some sort of negotiation happening behind doors. we don't know to what extent, but we know they are looking for further cash for hungary. could that help ukraine going are forward? let's see. >> we have an expert and a man who can give us an answer to the question. happy to say that charles michel, the president of the european council, is here on the show with us. good morning, sir. silvia and i were talking about the top agenda item this week for the eu council meeting. that is the aid package directed toward ukraine. what are you going to do to bring mr. orban on board? >> this is a very important, but very difficult european council on thursday and friday. one thing has to be certain. there are 26-member states
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strongly convinced we need to support ukraine with financial support and military equipment and also admitting one stepenla. you have are right, mr. orban has sent a letter to me and we are working very hard day and night to find solutions. is it easy? not. t it is possible to make a decision on the 50 billion euro financial support for ukraine. this is possible to make decisions on more military support for ukraine. it is our duty to make sure that we protect the interests of the european union by supporting ukraine. >> you said in the first response that the eu 26 members are actually united and their
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desire to get the package through to continue to support ukraine. hungary is a thorn in your side. you are optimistic you get to solution. if you don't get to solution, how likely is plan b going ahead and itis only agreed by 26-member states? >> look, on the financial package, we are confident and optimistic this is possible to make a decision because we need to agree on the funding for ukraine, but a broader financial package. this is the review of the european budget and it is important to make more money available for migration and other challenges for the european union. this is one important element, including more support for the countries which is a priority nor viktor orban and hungary. that is one element. on the enlargement and idea we
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should start with ukraine is something to be different because we need to have unanimity. we are trying to find some innovative options and solutions to make sure we send a clear signal to the ukrainians and the european union family. they made a choice to apply to be a candidate country and it is our responsibility to have them join the eu. i sincerely hope we make that decision. here, you are right, it is no secret that hungary has expressed reluctance. we are working with hungary and the 26 other countries to make a united decision. >> mr. michel, it is silvia joining the conversation. i want to focus on the money meant for ukraine. we know there is other cash on the table for the mmf, really. when we look at support for
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ukraine, you mentioned the 26 heads of state approving this help. are you worried that it will not look good for the eu and the bloc is not united when it comes to supporting ukraine? >> look, we are extremely united on ukraine. i think we have taken the world by surprise and ourselves by surprise. since the following of the invasion by russia. we made clear decisions of sustainable support for ukraine. this is a very bold majority. i can imagine in the united stat states, for instance, they can be jealous because of the majority. point number two, the question of the european budget, it is
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always difficult. we are talking about money and talking about financial solidarity. it have vearious interests aroud the table. we have been working very he hard with the delegations, including hungary in the recent weeks and days and we will continue to work very hard. i feel everything is on the table. i feel it should be possible. it must be possible. it is our political duty to make the decision on the financial aspects for ukraine and also for the western countries to see what we put on the table to invest with our partners. their interests is our interests. we need to make sure in the three or four years to come, there is clarity on the financial tools that european union has in its hands to address the global challenges for the benefit and interests of the european union citizens. >> mr. michel, i have to
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challenge you on that point. we know at the beginning, there was unity among the 27-member states. we saw record decisions with sanctions and so on. at this stage, the unity is not there. hungary is not approving that 50 billion euro disbursement for the time being. >> yes, you are absolutely right. unity is always challenging. it is why the european council meetings happen. we have the gathering of 27 leaders on thursday and friday here in brussels for the european council meeting. it is an important political moment for the european union. i am telling what i feel. it will be difficult, but i feel it is our possibility to make decisions. this is not the first time we face a controversial debate and%
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cys i will do everything and make the best possible effort to make a decision. you see i want to be transparent and clear. i feel and i think that under financial aspect with the military aspect with the support for ukraine, we must make decisions and it is possible to make decisions. point one. this is more complex for decisions with ukraine. this is a broader context that we must take into account. i'll give you one example. the western bank is also a topic on the agenda of the european council meeting. we know hungary is a strong supporter of the enlargement of the eu. it is why it is important to make decisions on ukraine and moldova and other countries. we know if one country is blocked, probably it can have an impact for others. that is why i sincerely hope
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that we will be able to convince 27-member states to support an additional step and direction of the enlargement. this is a process and a road. i hope by the summer, we will be able to make the additional step for ukraine, but also for the other countries. >> mr. president, the war has persisted longer than many of us anticipated. the counteroffensive has not been as successful as the ukrainian leadership would have hoped for. is it right for ukraine to continue to expect military and economic support out of the eu for as long as this war continues and there does not seem to be an end in sight at this point? >> again, i can tell you the recent dadays, i had many con v saugs conversations with the many
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member states. they are showing support. we know that we felt our support is very clear. russia would have achieved strategy which is a threat for the future of the eu. it is an attack against our fundamental values and stability on the european continent. point one. that is why we need to support ukraine in the long run. point two, on the counteroffensive, we need to have a more balanced assessment. why? at some point, the ukrainian army crushed the river. point one. if you take the black sea, the ukrainians have succeeded to take control on the waters in the black sea which is very important in order to reopen some export roads across the black need a more balanced assessment. we need to support the
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ukraukrainian s. they deserve our support. they are suffering on the ground and they are protecting our values and principles. that's why 26 countries are determined not to give up and maintain a very strong political funding of ukraine. hungary has doubts. it is having for a strategy. we will have, once again, a strategy debate. we have strategy debates on the support for ukraine and approach of sanctions against russia. this is difficult because we can see the strong opposition expressed by one country. we need to take into account all member states, including hungary. i will do everything to convince 27 countries to make additional steps for supporting ukraine. >> it will be a very important
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summit, mr. michel. i would like your thoughts on the support or no support from the united states. there was a negative vote in providing further financial support to ukraine. at this stage, we are looking at the u.s., perhaps, not sending any financial aid beyond the end of the year. i would like to understand were you disappointed about the vote in the united states and can the eu step up to cover the fact that the u.s. might not help ukraine going forward? >> my first point was the following, i understand this is legitimate. many concerns expressed about the european council meeting because it is an important moment. we can see some difficulties in the united states. on the other hand, i trust joe biden and his administration. i know they are sincere for strengthening the alliance with
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europe. the transatlantic alliance. they are sincere and determined to support ukraine. they understand what's at stake. this is not only the security on the european continent, but what is at stake is the world order. this is our fundamental democratic principals and values. there is a political fight within the united states. i trust president biden and i hope it will be possible to make the achievements. i know it will be helpful for the united states if we are also able in europe and european union to make our own decisions. i feel the alliance more with the political landscape in the united states will see the eu is credible and serious by delivering more support for ukraine and financial support and military support. there will be arguments for those those in the united states who want to support ukraine.
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>> mr. president, thank you very much for speaking to us on "street signs." that was charles michel, the president of the eu. also coming up on "street signs," negotiations look to hash out a deal at cop28 and the a le dver fossil fuels. wereivinubai coming up next. what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul. it's your water, your way. hi. i'm wolfgang puck when i started my online store wolfgang puck home i knew there would be a lot of orders to fill
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welcome back to the show. latest draft of the cop28 climate deal has dropped language referring to the phaseout of fossil fuels. the secretary-general aiding a new text can be draft to be done this morning. we have dan murphy with more. let me ask you about the draft text. there has been pushback as many
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policymakers are unhappy with the watering down of the fossil fu f fuels. how can this be a mmended to be pal palateable? >> reporter: the talks are set to being wrapped up today with the correct wording on the physi fossil fuel agenda here. the lack of the phasing out is the issue and we have heard from the u.s. and europeans and the phase out simply means the agreement in the current form is too weak to be taken seriously. let me take you through the wording and what negotiators need for the deal to be ag agreeable for the global fonort and south.
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"reducing consumption of for the fuels in the just manner so as to achieve net zero by or before 2050 in keeping with the science." john kerry in reaction to that said, quote, we are not where we are meant to be in terms of the text. many of us have called on the world to phase out follssil fue. criticism as well from his european counterpart saying, quote, it is clearly insufficient and not adequate to addressing that problem. it is important to point out this is the firsts ti time in history we see fossil fuels mentioned in the u.n. treaty. necessitgotiators agreed this i challenge. earlier today, we heard from the cop28 secretary-general who said there is time to get agreement. >> we want to spark
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conversations. that's what happened. what we have seen since is the parties have deeply held and deeply split views, especially on the language around fossil fuels. it is important to be clear on something. the text we released was a starting point for discussions. again, this is entirely normal for a consensus-based process. when we released it, we knew opinions were polarized. what we didn't know was where each country's red lines were. by releasing our first draft of the text, we got parties to come to us quickly with those red lines. >> reporter: cop28 director-general there. many were questioning if this was the outcome. this is the first cop we have seen held in a fossil fuel producing country. these negotiations are led by dr. sultan and a globally
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important producer of oil and gas. of course, the expectations here when it comes to the phaseout of fossil fuels were always low. as president, he has called on these leaders here to raise the ambition to satisfy chief a workable agreement. i think it is is also important point out reducing the wording of fossil fuels would be an issue for what has happened. the $83 billion of financial commitments over the course of the week. 130 countries to sign up to triple renewables and double energy efficiency and a significant agreement to phase down coal and new coal plants and oil and gas companies also stepping up to tackle methane
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emissions. this cop cannot be considered a failure, but all eyes will be on the wording on for thssusr foss. >> thank you, dan. that was dan in dubai. we will be joined by alok sharma in 15 minutes. do not miss that at 10:45. it will be interesting to hear his perspective of cop28. coming up on the show, we will look at the u.s. economy as traders eye one final data point before the fed decision tomorrow. we'll be right back. my nam ley cortez and i'm the founder of the stay beautiful foundation when i started in 2016 i would go to the post office and literally fill out each person's name on a label and now with shipstation we are shipping 500 beauty boxes a month
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welcome back to "street signs." i'm joumanna bercetche and these are your headlines. ukraine's volodymyr zelenskyy lands in washington for talks with president biden and congressional lawmakers to press for fresh funding in the war against russia.
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council president charles michel believes a deal can be reached. >> we are working very hard day and night to make decisions. is it easy? no. this is possible in my opinion. a cop28 climate deal on the brink of gfailure after a draft agreement rules out the phaseout of fossil fuels. countries must take a balanced approach to oil and gas. >> it is important to think about how we get that balance. there are those who want to phase out and those who want to phase down and those who want different formulations. the difference is to get consensus. >> we hear from cop26 president alok sharma later this hour. u.s. futures flat line as investors await the numbers from the u.s. as we await the final
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fmoc meeting of the year. and google loses the anti-trust case as the eu brings on barriers against the developer and its app store. welcome again. lots going on in markets today. specifically traders will watch out for the cpi print in the u.s. this is the last one of the year with dow jones industrial average analysts forecasting a down beat for the year which is expecting 3.1. this is a picture of how u.s. futures are shaping up into the u.s. session. all of the three majors are opening in mildly positive territory. yesterday, all three rose in
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trading. the s&p is up 20% year to date for the first time this year. reaching a year-to-date high. the reaction in the stock markets the last couple trading weeks has been positive. as for european markets today, the only bit of red is the spanish index. all of the other majors are trading in positive territory. let's start with the ftse 100 over here in the uk. almost at 7,600. .60% higher. we had weaker than expected wage numbers come through today in the uk. that was a surprise. the average weekly earnings still sitting at 7.2%. below estimates of 7.7%. that is one reason why we are seeing a rally today in some interest rate sensitive parts of the economy. also big rally in gilts. we will talk about unilever and
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astrazeneca. cac 40 is up .20%. what we see in the dax is another all-time high. it keeps going from strength to strength. 16,800 is where we are for the german index. up nine basis points on the day. worth pointing out again that the macro back drop has not been supportive for germany, the dax continues to make all-time highs. in terms of sector leadership, travel is leading the charge up .50%. tech sector putting in a good showing after the u.s. the chip makers did well in the u.s. session. on the flip side, telco is down .20%. one name we are watching is nokia. it hasn't been a good spell as of late for nokia with losing the contract to sat&t and
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reducing the profit market. and healthcare is down .40% this morning. as for european yields, i mentioned we are getting a rally in guilts. the ten-year gilt is down ten basis points after the uk wage numbers came through. bund is down 4 basis points today. of course, the major week coming up with the central banks with the bank of univof england on t and the sng and norges and then the fed meeting tomorrow. a lot to watch out for in the next couple days. let's go back to the uk wage data. held steady at 4.2% in october for the official figures. average earnings, including bonus, grew by 7.2% over the
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last quarter coming in lower than the market expectations. i'm happy to say we have our analyst from citi here at the desk. good to see you. >> good morning. >> let's start with the uk market. gilts are rallying ten basis points. it is quite pronounced and significant in the context of the wage numbers still being quite high. we are still sitting at north of 7%. i guess at this point, the market is trying to jump ahead of what the bank of england may do in response to the numbers. there are only 80 basis points baked in? >> with the most recent data, it is clear that the bank of england and other central banks are done with rate hikes. now investors are focused on the next step and how quickly can the central banks cut rates? for the bank of england, which
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had higher inflation for the last couple years, are looking at disinflation. how quickly can we cut rates? the key for the bank of england is it is still above 7% for the wage number, but it is difficult for them to start talking about rate cuts just yet. i think that is really what's driving the pricing for the bank of england relative to the other countries where you have lower inflation. >> at this point, do the markets care that central bankers are saying it is not the time to talk about rate cuts? the markets are so far ahead of any of the central bank meetings, you have one banker saying we need to think about rate cuts, what would happen? >> the market is ahead of the ecb and the fed right now. that is for good reason. the fed and ecb wants to protect
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the optionality. they want to keep that disinflationary effect. with the numbers the last couple weeks, it is really impossible for them to think they will have more rate hikes. i think they want to keep the market a little bit more heavily priced away from the rate cuts and toward a higher for longer theme. no, i don't think powell or lagarde saying we are not talking about rate cuts. i think the market is past that. >> it seems like they all want to preserve options in case of an upward surprise. we have the cpi print p coming t today. it precipitated the rally in the bond yields. one of the strongest days for the s&p for the year means we
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are likely to see an outsized reaction today if the number surprises to the down side, do you think? >> i think we e could. the reason is we are not pricing in that many rate cuts for next year. if you actually listen to some of the fed speak over the last couple weeks. especially waller who mentioned we could cut rates in the next three-to-five months. if that happens, you are now going to start talking about potentially a january cut rather than a march cut. we are priced for about 50/50 for a march cut and the fed will see that bleed into the january meeting if you continue to see disinflation coming through. that would really shift the market. >> what about the projections? there were two rate cuts priced in. 50 basis points. if we get downward revision to
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that, would that be impactful for the market? >> it signals where the fed's direction of travel is and by acknowledging they are moving closer to the market as opposed to the market moving closer to the dots is a big shift. for the last year to 18 months, the fed was leading the market. for them to shift back and say we're actually going to add in one more cut for next year and that would be an understanding of saying actually we do think inflation is behind us. i think we will also see that in the projections for next year. >> let's talk about ecb. there are so many meetings this week. ecb is an interesting one because they will likely have to revise down growth and inflation forecasts from what i have been reading. how is that likely to influence markets reaction function or perception of what they will be doing next year? >> i think the ecb is in an easier situation where they
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don't have, you know, anything to hang their hat on to say we need to hike more. they are more in the case of lower growth and lower inflation. they should be cutting rates. in the previous introduction statements, they heare talking about the downside. that means rate cuts could happen quickly. they are still pushing back and they will talk about quantitative tightening even though they are also going to be talking about rate cuts. >> they got themselves into the situation. it is what schnabel said for the market. one quick one. out of all central banks, which one is cutting first? >> the fed will be the first one to cut. >> in january? >> i think they'll go in march. that is mostly because the fed
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has the lowest inflation and especially with waller's comments about cutting rates is the driver. ecb has more scar tissue and is less willing to cut first. >> we have to bring you back to see if your prognosis comes true. thank you for joining me on set. >> thank you. >> head of short-term interest rates at citi. this week's edition of activating wealth, we are looking at retirement and how this is impacting the middle income earners ability to plan for the future. we spoke about the government policies on pension contribution. >> in the uk, how most people are saving is through auto enrollment and through employers. back in 2012, the government introduced auto enrollment
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policy. employers have to enrollpension. we have seen from less than a half to over 80% enrollmentm. the miniuimum default is 8% of earnings which is less than total earnings. basically we are seeing the majority of people, with middle incomes, are saving less than 8% into the schemes. that's just driven by those default rates. if we are thinking about what is sufficient level of saving for higher earners, especially and middle income earners, it is closer to 12%s or 15% of earnings is more appropriate. that is the issue here. we have seen a lot more people saving into pensions and a lot of people have pensions. that's great. the amounts going into the
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private pensions are low. >> investors are the ultimate passive investor here with the money contributed. they are not doing much around it. is that because they are not trusting the company scheme or the fund manager for the designated scheme i? if they invest in house or property or fixed income, they could do better than putting it into a pot? >> there is some of that. you know, we do see surveys that people say the best return i'll get is going to come from housing and property. at the same time, we do see much lower homeownership rates among younger people. it is not like they all shifted into housing investment. i think what is happening here is because pension saving is a difficult decision for people to make, you know, to make the right decisions or optimal decisions about pension savings
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and how much you should put in pension, you want to know how long am i going to live? how long am i going to work? what are my earnings in the future? what will be the other priorities on my spending? i think that's why it is a complex decision and people put it off and they just go with whatever they're employer tells them is the right contribution rate. i think that's really the issue. i think because it is a government default rate, maybe it is a sense of maybe the government set it in a way that is the right level for me although we know that is not the case. there is a sense of complacency with pension savings. >> for more on our activating wealth segment, head to cnbc.com. also coming up on the show, we will hear from cop26 president alok sharma as fossil
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the latest draft of the cop28 climate deal has dropped language referring to a phaseout of fossil fuels. very happy to bring in alok sharma, the cop26 president, the cop from a couple years ago. i want to start out by asking about the reaction of the draft text released yesterday. there was a lot of pushback from contemporaries over the language of fossil fuels and phaseout has been replaced with reduction. what is your response? >> good morning, joumanna. firstly, i think the current text is not strong enough. if we are serious about keeping the prospect of limiting global warming of 1.5 degrees, we need a clear phase out of fossil fuels and clear plan to deliver that. if we want to keep the prospect
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of 1.5 degrees alive, that needs 40% of global emissions cut by 2030. that will only come if we start to phase out production of fossil fuels. we still have time to get the historic agreement here at cop28. s certainly, we showed cop26, bringing the deal together in the final hours getting 200 countries to agree to the climate numbers and agree for the first time on any cop, language on the phase down on coal. it is possible. what the cop28 president is doing is trying to bring companies together and trying to take that leadership position and broker a consensus deal. a deal that has to be ambitious. >> it seems to be a fraughts situ situation. we heard from the
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director-general. it should be part of the language, but we are trying to find a balanced outcome. you seem to still think there could be time. if the language does not change, how detrimental would it be for future cop summits? >> i believe there is still time to find the appropriate language in terms of phaseout of fossil fuels. it has to be very clear, indeed. if we don't reach agreement on the language, the consequences are going to be grave. you know, we are seeing 2023 is the hottest year on record. we see climatic events coming thick and fast around the world. the question that world leaders have to ask if they are not willing to act now, then when? this is the moment. this is the time in history where we have to step forward and be ambitious and come up with a deal with the phaseout of fossil fuels. ultimately, the future of our
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generation and future generations depends upon it. >> just to go back to the specific cop, it was hosteded i the uae. one of the biggest oil producing emirates in the world. let me ask you whether you think that the oil industry should be a part of the solution because they were invited to the table. there were a lot of leaders from oil and energy companies participating in the discussions. they have the technical know-how and solution rather than being kept outside of the conversation. what is your view? >> i think having all of those players at the table is helpful, however, what that requires is transparency and ambition from them. so far, it hasn't come.
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many of the companies, massively oil companies or private company, talking about energy companies rather than oil and gas and making the clean energy. they have not walked the walk in the investment that needs to be put in to accelerate renewables across the world. in terms of the uae, the uae plays a question coming into the the cop. they had a good first week. they had announcements in a particular result of climate change. this is the point at which the rubber hits the road. this is the final bit mof the negotiations, the leadership has to come threw ough from the presidency. they said at the start of the cop, they want cop28 to be the most significant, since paris. they want ambitious fossil fuel
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phase out in the text. this is the moment they need to bring everyone together and get that ambitious consensus language over the line. >> well, sir, let's see what happens in the next 24 hours and whether or not there will be a change in language. thank you for joining us. alok sharma, the cop26 president, talking about the draft text. a quick look at u.s. futures. it is a big day for trade. we have the u.s. cpi print coming up. a big driver for markets as we head into the fed meeting tomorrow and super thursday in europe. all majors are opening in positive territory. that is it for our show. i'm joumanna bercetche. "worldwide exchange" is coming up next. hi. i'm wolfgang puck when i started my online store wolfgang puck home i knew there would be a lot of orders to fill and i wanted them to ship out fast that's why i chose shipstation
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it is 5:00 a.m. at cnbc global headquarters. here is your "five@5." stocks set to open at fresh two thie -year highs as bulls get optimistic. we speak to a bull after his call played out well for 2023. key for investors today is the federal reserve kicking off the final policy meeting of the year with the latest inflation data due out in three hours time. in a developing story, alpha get loses th

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