weakening of russia are interested in america, the united states, australia, canada, great britain, continental europe, old europe is not at all interested in this. they put ideology better than their pragmatic interests. and this is a very stable trend. therefore, to assume that they will retreat there, the sanctions will absolutely now it is strange from now on everything that we see that the europeans are ready to destroy. e your economy completely. and if only the americans would like it, if only people would comply, like, uh, requests from american countries. of course. about the fact that european politics has become completely dependent on american control. a regular meeting of defense ministers of the member states of the shanghai cooperation organization will be held, in addition to the heads of defense departments of member states of the organization, a belarusian delegation will also take part in the meeting. she will be presented minister of defense viktor khenin at the meeting, the parties will discuss measures to counter security cargoes to member states of the shanghai cooperation organ

it spreads to the whole of continental europe and the uk, so it happened several times in history, therefore, well, the most important thing about what is happening now in the baltic countries, poland and the czech republic is that the new fascisization model of the european union is being tested, and we are also discussing a large sociological study, what belarusians think about sanctions and how restrictions affect their initiators, see full edition of the editor's club on the youtube channel of the tv news agency. the belarusians won the silver of the tank biathlon competition. the day before, the final of the most colorful emotional relay race was held at the alabina training ground, our team competed on the red tank, and its rivals were russia, china and uzbekistan from each country on the route come out under the third crew. everyone must overcome four circles and hit the maximum number of targets, preferably without misses. after all, for each failure to hit two penalty circles belarusians. got a good one right away pace and throughout the race, they were second behind only the russia

it spreads to the whole of continental europe and the uk, so it happened several times in history, therefore, well, the most important thing about what is happening now in the baltic countries, poland and the czech republic is that the new fascisization model of the european union is being tested, and we are also discussing a large sociological study, what belarusians think about sanctions and how restrictions affect their initiators, watch the full issue of the club of editors on the youtube channel of the tv news agency. incident on the water and traffic accidents man-made accidents and natural disasters a comprehensive exercise to protect the population and territory from emergencies was held in the myadel district in the water area, and on the main roads r-28, to eliminate the consequences of bad weather, to get a pedestrian out from under the blockage of trees and restore power lines, be sure to first must save a person, regardless of the time of day, weather conditions. everything else must hold together, cohesively, completing tasks without any. uh, bickering we're leaving should

it is really not a surprise because if you look at continental europe historically, you know, nobodyades, but for a long time continental europe was more of a deflationary environment. it is quite a jarring effect when they see the type of inflation they are seeing today. >> you are clearly an international brand. you go to india, everyone is eating kellogg's cereal. i'm curious as the fx headwinds exist, does it make the sales from emerging markets less meaningful to your bottom line >> i won't say they're less meaningful at all, but we clearly have a translation impact when we bring those foreign currencies back into the u.s. so that's a bit of a headwind, but despite that, you know, we raised guidance and it is one of the head wiwinds that we're fac is obviously you have the euro, you have the pound, you have international currencies which actually have held up better, developing market currencies have held up better than the euro and the pound it is something that in the back half of the year will affect any company with an international footprint. >> we haven't really talked abo

that's an east or southeasterly wind, but that will drag in all the heat from continental europe.gain. it's dry, it's sunny, and away from southern areas the winds will be lighter and that heat is still there. we got 26 celsius in the central belt of scotland, and well over 30 celsius through many parts of england and wales, so very hot. it is heating up over the week ahead. heatwave conditions developing in england and wales and no sign of any rain. what about from the weekend onwards? in the outlook, things start to change a bit. we're going to find high pressure moving away. pressure will be falling, that will mean more cloud and it may mean some showers beginning to arrive as well. it's a long way off, but the signs of some changes. over the weekend for the most part it'll be dry, temperatures slowly edge away, and we're going to find some showers coming, those could be heavy in places but not necessarily guaranteed. for pregnant women and newborn babies. for a special report — a bbc team has seen maternity services at breaking point, and how women weak from hunger are sufferi

continental europe old europe is not interested in this at all. they put ideology better than their pragmatic interests. and this is a very stable trend. therefore, suppose that they will retreat there sanctions. uh, it will be completely strange now, from now on, all that we see is that the europeans are ready to destroy their economy completely. and if only the americans would like it, if only people would comply, such as requests from american countries. of course. about the fact that european politics has become completely dependent under the control of america to quietly get rid of historical memory and erase the feat of the people of the region, latvia did not come out ; invaders until late at night. we were not going to disperse, let us recall yesterday in the latvian capital they began to dismantle the 79-meter obelisk. during the day with the help of special equipment. destroyed three soldiers' figures located on the monument. in the evening , caring citizens staged a rally, memory lives forever, according to local media , more than 150 p

coming in, that is any easter or south—easterly wind, but that will dragon all the heat from continental europeain. it's dry, sunny, and away from southern areas the winds will be light and the heat is will there, 26 degrees in the central part of scotland, and well over 30 degrees from many parts of england and wales. so very hot. it is heating up then over the weekend, heatwave conditions developing in england and wales and no sign of any rain. what about from the weekend onwards? because in the outlook things start to change a bit. you will find high pressure moving away, prezza will be falling, that will mean more cloud, it may mean some showers is beginning to arrive as well. it's a long way off, but signs of some changes. 0ver way off, but signs of some changes. over the most part, it will be dry, you can see her temperatures just slowly it away. we will find themselves coming, they will be heavy in places, but not necessarily guaranteed. welcome to bbc news. i'm david eades. our top stories: the us senate backsjoe biden�*s bill to fight climate change, channeling hundreds of billions of

the horrors of nazis and communists happen because some western states and continental europe abandonedheir christian life. today's progressives are planning to do the same. they want to give us -- values and create a universe opposed [inaudible] . who is going to stop them if we don't? i have also learned that in order to win, it is not enough to know what you are fighting for. you also have to know how you should fight. my answer is plate by your own rules but how do you do that? it is as simple as it sounds. you must play to win. you cannot expect victory and plan for defeats. you have to believe that you are better than your left, liberal opponents are. and don't care what the liberals say. they always say you will lose. they say it cannot be done. you have to prove them wrong. that is one thing i have learned , we cannot write successfully bite liberally because our opponents use liberal institutions, concepts and language. politics my friends, are not enough. this war is a [inaudible] were. -- war. our churches, our families, our universities and community institutions. [applause]

yes, i am also afraid of that and i am afraid that there will be a special western continental europesome kind of conditional, say minsk, three, that is, again there is some kind of compromise like that, as they see it here people see that it is necessary to do something there so that, well , what did russia get, yes, how was it with minsk, with the first and with the second minsk, well, but it must still be said that in the last six months the understanding of this russian policy it has improved and now there are already many diplomats and politicians, they are now on more principled positions, but i am also afraid that there will really be such a hmm discussion about uh, some quality uh, peace uh, for this, for the team of addresses omelet, an analyst at the stockholm center for eastern european studies, is one of the best sovietologists from those who are currently working all over the world worked on the live broadcast of the information and analytical marathon of the espresso tv channel, we are moving on now , news time will be like this, my colleague will introduce us again, con

will be stronger in, and he still south—easterly wind, that will dragon on the heat from the continental europee, so we have a lot of dry weatheragain, dry europe, so we have a lot of dry weather again, dry and sunny, and that he distilled their, 26 degrees, an essential part of scotland, and well over 30 degrees through many parts of england and wales, is a very hot, it is heating up though over the weekend. heatwave conditions developing in england and wales, and no sign of any rain. what about for the weekend on that? in the outlook, things start to change a bit, we will find high pressure moving away, pressure will be falling, that will mean more cloud, it may mean some showers beginning to arrive as well. it's a long way off but the signs of some changes are coming. overthe the signs of some changes are coming. over the weekend it will be dry, temperatures slowly edged away, and we will find some showers coming, those could be heavy in places but not necessarily guarantee the. welcome to bbc news. i'm david eades. our top stories: the us senate backs joe biden�*s bill to fight climate chan

, but they can blow them up - this is the task of the anglo-saxons about the liquidation of continental europeo god forbid zaporozhskaya silena rivenskaya s what difference does it make to them which way will the wind blow even if it blows to the west the problem of television in europe will simply be solved faster and easier russian shelling the territory of strange ukraine, we will introduce ourselves until recently, we could not cancel the naval parade on the territory of the crimea , we also do not understand what is called in moscow, and we waited, god forbid, we proceed from the fact that it is not allowed, in fact, the meeting people ask you territories, the red line itself must be scary. i hope that i myself will be discovered the very next time. well, everything is something that they could not imagine, but it happened. well, because you cannot indulge in madness, because how admitted solovyov, they are like that yes, they are absolutely evil. well, let them think about moscow, and we will all see each other today, our ukrainian temporarily occupied cities of heroes, ukrainians under

zaporizhzhia nuclear power plant, which endangers not only ukraine, but also part of russia and continental europeplease, this is an unconditional tool of blackmail. putin needs it for two cases. the first case is when the ukrainians the army will definitely go to the counteroffensive and putin can in this case blackmail with some nonstandard situations at the nuclear power plant, they say stop the counteroffensive and because we will be forced to do something there or vice versa let's say that simulating the shelling of a nuclear power plant by the alleged ukrainian armed forces, that is, the russians are not used to this. they often resort to such provocations, and for the second case, this is when a nuclear power plant that is mined and packed with explosives can become a lever in putin's hands in order to force ukraine and our western partners should all be put at the negotiating table with putin , according to which putin will demand a freeze on the war, or rather, because he does not have the power to advance further into ukraine, and ukraine is resisting accordingly, according to putin's pl

natural gas, one of the benchmarks of continental europe up 1577% on a moving average study three weeksion. 727% annualized. lisa, please. lisa: this is what john was saying. right now in europe, natural gas prices are 12 times higher than what they normally are. tom:tom: and that makes for standard deviations being useless. the social consequences, senior executive energy editor for commodities. what all this numbers mumbo-jumbo means to people in the netherlands where the people of the czech republic. >> well, it means two things. most importantly, that without significant help, they are going to find it very difficult to keep their homes, you can't afford that to change by a factor of sevenfold, that makes it unaffordable for most households. and whether there are going to be enough jobs for people. one thing we saw today is in the netherlands, it is just not affordable to run it with these energy prices. that is what they are dealing with and factories across europe. the german connection across 500 euros, that is five times what it was a year ago. tom: does the energy team dovetail

a lot of people in continental europe away on holiday. i would suggest at the beach.cine wants to be back on that italian beach. i'm picking up vibes. that is where your emotions are. [laughter] stay with us. this is bloomberg. ♪ >> we believe we are in a recession. two consec

how busy a summer has it been for governments in continental europe in terms of trying to address they crisis which is upon us and which will loom ever larger as the winter approaches? well, it has been extremely busy managing not only the expectations of voters but also managing the acrimony between member states because of course when there is a crisis then there is going to be a competition for resources. and we saw that with a little bit of blame gaming, southern europe saying a few things to germany in particular, saying a few things about germany's dependency on russian oil. with the spanish government saying, well, we do not live above our means energy—wise. but eventually there is a kind of an agreement to ration or reduce energy consumption by 15% at least. there is that request. and then you also have action at the domestic level. and across europe, european governments have been putting in place packages that involve from cuts to vat but like drastic cuts on vat to energy bills, subsidies to help families to face those incredible energy bills. in germany, i think they are i

over the continental europe because of volatility towards value. if there is the threat of more hawkish rhetoric from the fed and the central banks, i would be particularly worried about growth cyclicals than most. what i did last week was to downgrade parts of growth. that is in the areas of industrial and wage chemicals. i worry that if recessionary worries start up in the market, they might start to realize that these prices in the markets are the most to move. tom: what is the call on the u.k.? you mentioned the outlook on the market and yesterday, a report came in that inflation could get to 7% on top of the inflation concerns and the cost of living crisis in the u.k. beata: remember that the european markets are the most international markets out there. it is packed with multinationals where 70% of the revenue comes from abroad, so it is not a bet on what is happening in the domestic economy. it has been deflating in commodities and commodities might continue to do well, but also what the u.k. has his the health care and consumer staples . th

we confronted with a very volatile gas price because we are in more proximity to russia and continental europeh in the uk, only a% comes from russia. all of these prices are affected by international markets and are such a demanding competition for gas around the world at the moment because russia is withholding the gas supply and if you look at the inflation numbers, more than half of that is driven by energy prices so a very serious situation.- very serious situation. series consents _ very serious situation. series consents for _ very serious situation. series consents for the _ very serious situation. series consents for the uk - very serious situation. series consents for the uk and - very serious situation. series i consents for the uk and europe and the us. just talking about the inflation numbers out of there today, and the pressure is on the government to do more now —— serious concerns. there could be a cut in the levy, but i think it is very important to have more clarity for now because it affects confidence. it affects spending behaviour, and that could really push is even closer

europe again unites against bolshevism there, this time only a question under whose banners continental europehitler, which means that most of the countries of continental europe join this coalition voluntarily not forcibly is finland hungary croatia italy spain france they are all welcome. austria voluntarily bears the bright face of nazism against bolshevism, the war against bolshevism continues, the cold war continues. here we are often said, the cold war is the iron curtain. the bolsheviks did all this in order to start a direct cold war. churchill called for a cold war in fult's speech. he was the first to utter these words the iron curtain, which must fall stalin did everything in his power to avoid this from austria which was occupied by us and mother. could make it a socialist republic , the troops were revealed that he stayed with her from norway germany was asked to unite on the condition that she would remain and the gdr of the cis but on the condition that she would remain neutral there was an answer no, let a piece. let the west, but as part of the nato bloc finally, bolshevism da

i think we will see a lot more of it in continental europe then we will hear in the u.k..ople are expected to see their usage curtailed this winter. there are not really very many other options. guy: our high energy industry is going to be viable in europe? kailey: i think the markets in germany are getting quite difficult. there are people beginning to question whether the german politicians want to see their industries. it is it really very compatible. people are looking at costs. they are really evaluating the future. guy: thank you very much indeed. we appreciate your time rid let's look at the final numbers out of your. these are what stocks looked like at the end of the day. we have seen a negative session. the ftse is down 0.6 percent. it was weighed down by some of the health care stocks. energy has done well today. you have some health care stocks. this is begin to roll over a little bit. the energy story is front and center. we will have a little bit of an emerging market overlay on the show. there are some fascinating conversations about what is happening in chi

much earlier than you are seeing in continental europe. and on top of that it's good to be massive demand instruction going on. so europe is looking at a tough six to nine months. guy: goldman sachs senior global economist joining us now. we had a survey out earlier on that was bleak. could have been worse i think. painting a very bleak picture for europe going into this winter, do you think your forecast or the forecast of the ecb fully capture what's happening here. >> we have been calling for a euro area recession starting in q3 several months ago. since then the news has been mixed. on the negative side they're driving even more than expected. therefore the shock is going to be larger than expected. but there are also some silver lining, and so far we are not being able to detect damage to production in response to the energy prices -- so far. the big picture we are on a track for is forecasting starting in q3. kailey: we will talk about how monetary policymakers need to handle that but on the fiscal side what is an appropriate response

confrontation in which they will be key actors, they took responsibility, who would defend continental europe and now the countries that talk about the iron curtain, and the shrill squeaky voices of the baltic republics and uh , so assertive enough some say in the insolent voice of the current polish government. they make no claim that they will take over they do not have the main responsibility for confrontation with russia, nor military capabilities, not economic ones. no, they want to draw in the collective smell. condition, but others will have to pay the responsibility for the price. this is a very unusual situation for dmitry in world politics. i agree with your assessment, but this circumstance surprises me. why are the giants and europe germany france italy why they do not say their weighty word it is clear that the leaders of these baltic republics poland there and so on, they are driven by their hatred, latent pains, and here are the bad memories of living together with russia well, how it seemed that they were crushed, oppressed, enslaved there, but why doesn’t european old europe

we will watch the more continental europe price of brent crude, up at dollar, 91.7 as well. briefing with lisa abramowicz. lisa: thank you. the most underrated economic data point of the week is this one at 8:30 a.m., the productivity for the second quarter. it is a measure of how effective people are in their jobs so you are seeing people are getting paid more because of inflation but producing less for a variety of reasons. we saw that last quarter and the expectation is to see it again. typically that means that later on there will be job phrases and layoffs as companies try to trim costs because of the lack of productivity. that comes ahead of ppi tomorrow, thursday and university of michigan consumer sentiment friday. it will be interesting to see the discussion from the semiconductor chief executive officers, president biden with chips buying back in 2022, we do have the ceo of nikon coming to speak to us after the fourth quarter earnings. how much can we bring online to curtail additional disruptions? i want to hear the mix of what kind of chips they are making and wh

as it is in the uk and canada and continental europe and japan and so we see a lot of opportunity allay from the preclinical, clinical r&d side through clinical trials to the pair and provider side. >> broadly, what is happening beyond health care with the government business? you were expecting all these deals to close and have pushed that out >> we're really excited about the government business. it has grown at a 35% compounded rate the u.s. government business in particular over the last decade. the nature of the contracts when going after the contracts they are lumpy, some years you see 0% growth some years 50% growth what's important for us is the long-term trends to be the operating system for health care, defense and national security, for civil administration. >> how do you think about the resilience of those businesses and what you offer in a recessionary environment >> i think they become even more important. if you look in the wake of covid, all those people are wondering will these be enduring investments and you see crisis after crisis that those capabilities have met th

yes, it ’s that in continental europe i don’t take britain where there was poverty and we always in continentalliving, and there was no blatant poverty, and on the other hand, there was no blatant, screaming wealth. here are these oligarchs for ukrainian or post-soviet coins. now this social stratification will begin to occur. but, as is already happening, the british don't pay for their electricity and water bills because they can't exactly afford it. by the way, uh, they remember the testaments of mahatma gandhi, because his non-violent resistance was reduced to several points and one. one of them is the most important do not pay them taxes. europeans are already starting not to pay them taxes for electricity and water. this is the first sign of social stratification, the first sign of the revolution and paradoxically, the more terrible, the better, so a nuclear catastrophe is possible . it is in the face of nuclear danger. yes, what kind of conversation can there be that you haven’t washed for three weeks? yes, in general, yes. well, this is putin, everything, yes, yes, about the ability or

they're also happening in britain and continental europe the. great awakening i've talked exclusively about america today, but it is an international phenomenon. okay? it is a transatlantic event. seen most obviously in the person of whitefield, who is from britain. but he comes to america seven times. okay? what's the importance of the great awakening? some historians have argued that it's an important prelude to the american revolution. it's vivid it's debatable. it's a debatable issue because of the way the argument goes, well, if it does big social upheaval, and it's 30 years before the american revolution, doesn't it have a kind of conditioning effect on american culture to get it ready for the american revolution? and i'd say, yeah, i mean probably in an indirect way, it does. but we also have to remember that britain has its great awakening too, and britain, you know, is our opponent in the american revolution. so it's not quite as simple as, i definitely wouldn't want to say that the great awakening somehow causes the american revolution

britons are likely to top £4,200 greater reliance may have to be placed on pipeline gas from continental europeom there have already diminished due to supply restrictions from moscow in other words the fact that in the coming winter someone will be able to buy a thousand cubic meters of gas or a megawatt hour from someone electricity, may turn out to be overly optimistic surpluses will probably not be, at least in sufficient quantities and now in europe great hopes for us liquefied gas. the first floating terminal should start operating in january in germany as well. this means that europeans are stealing lng from poor and developing countries that simply can not compete with them. in terms of offering higher fuel prices. then they start taking him away from each other. it can be said that the newspaper finant shield times called germany with its complex energy and economy. by the way, you can agree or look for weaker links, but the conclusion is all the same one in the past , the resources of germany alone were enough to solve the problems of the european union or the eurozone, but the total r

affected by the revival slowly spreading to the southern colonies, also happening in britain, continental europe, the great awakening, i talked exclusively about america but it is international. a transatlantic scene most obvious in whitefield who comes to america. what is the importance of the great awakening? some historians have argued it is an important prelude to the american revolution. it is debatable issue because the way the argument goes, if it is a big social upheaval 30 years before the american revolution doesn't it have a conditioning effect on american culture to get ready for the american revolution and i say probably in an indirect way, you have to remember britain has its great awakening too. it is not as simple, i don't want to see the great american revolution is caused by the great awakening but it influences culture. then for sure you are on more solid ground if you see the great awakening inaugurated this evangelical movement which remains in different forms, twists and turns, billy graham and different formats but whitefield is the beginning of this evangelical movement e

we are insulated from the chaos of continental europe for them and killing each other for centuries. that is a strategic asset paper tickly at the time when distance really inoculates us. and so he says look, there's no way were going be a satellite of another nation we need to be an independent nation. he also says we need at least 20 years he says in the farewell address to build their own strength economic and then we can start making our own decisions rooted in our sense of interest and justice. we are not an isolationist estate we do not have criminal alliances with other nations were not going to be a satellite of anyone else are not going to get dragged into a foreign war. that would be a huge mistake for who we are now as a young nation that needs to build up strength. and it would squander our greatest strategic advantage which is her geographic isolation. this plays out to the 19th century and is considered sacred. it is easily enforced by the distance, by the fact the world is not -- you cannot attack america very easily albeit it has happened, so we were thoroughly isolat

they can blow them up, the task for the anglo-saxons is to eliminate continental europe and blow it upown, even if it falls to the west, the problem of recycling europe will simply be solved. and easier. shelling of russian territory by ukraine we, too, could not imagine ourselves until quite recently, the abolition of the naval the parade on the territory of the crimea also does not fit in my head, as they say in moscow, they have not waited for everyone. god forbid, we proceed from the fact that we are not allowed. in fact, more and more people ask questions do not allow. the reddest line must be she's scary. i hope i am personally discovered in the very near future and red lines will not be needed. principle. don't get it. you're nobody about zaporizhzhia actually acting journalist propagandists. let's call a spade a spade filter ended up on the territory of zaporozhye now we are discussing the topic on the territory of ukraine how so? how is it that ukrainians, people with ukrainian passports, are still returning to the territory that putin controls right now. putin is the occupier

we are insulated from the chaos of continental europe where they have been killing each other for centuries. that is a strategic asset. if particularly at the time where distance really inoculate that. he says, look, there is no way we are going to become a satellite for another nation. we have to become an independent nation. but he also says is we need at least another 20 years to build our own strength, military and economic, and then we can start making our own decisions rooted in our own interest in sense of justice. it is not an isolationist statement. it is just we are not a permanent alliance with other nations. we won't be a satellite for anyone else. we won't get dragged into foreign war, that would be a huge mistake. who we are now as a young nation that needs to build up strength. it would squander our greatest to take advantage, which is our geographic isolation. this plays out through the 19th century. it is considered basically sacred. it is easily enforced by the distance. by the fact that the world is, you cannot attack america very easily, i'll be it it had happened but, w

on the question of energy for the how busy of the summer has it been for the government and continental europeing to address the energy crisis upon us and will loom ever larger as winter approaches? it’s and will loom ever larger as winter approaches?— approaches? it's been extremely bus . approaches? it's been extremely busy- managing _ approaches? it's been extremely busy. managing not— approaches? it's been extremely busy. managing not only - approaches? it's been extremely busy. managing not only the - busy. managing not only the expectation of voters but the acrimony between member states because of course, when there is a crisis and there is going to be a competition for resources. we saw a bit of a blame game, southern europe saying a few things to germany in particular, saying a few things about germany's dependency on russian oil. with the spanish government saying, we do not live above our means energy wise. but eventually there is an agreement to ration or reduce energy consumption by 50% at least, there's that request. you also have it shouldn't of the domestic level. and across eu

it extends to the whole of continental europe and the uk this has happened several times in history,well, the most important thing is that what is happening now in countries the baltics, poland and the czech republic is what is being tested by the new fascisization of the european union. yes, we talked about this , probably six or seven years ago, that the new era of e-fascism will pass, when the first borings were about these monuments. remember the thoughts appeared in europe what might need to be demolished somewhere, we said that this was the beginning of the arrival of the pro-fascists trained since 2005, and that's it. it will end with the nose of the monuments in the park, then we will know for sure that europe is already there. why wait. we've been waiting for a long time, when we chose the otdamkus president. how many years ago in lithuania, which came from the states and did not live in recent years, emigrated after the war? that's when it all started. you look at all the post-soviet republics, people came to power in one way or another, connected with emigration. and today

and i i worry sometimes that the right today is being drawn to models found in continental europe. yeah, which is a different right? that's right. an american, right? and even though i think that the terrain of our politics is shifted from an argument over the size and scope of government to an argument over the size and scope of the left cultural power. and public policy may be leveraged to diminish. the left cultural power if we forget the americanness of american conservatism than the right will be something very different than it's been for the 100 years. i write about it's also i would add it will not be able to sustain a political coalition that will attract. non-political everyday americans in the middle in living their lives who are looking for substantive answers to some of these concrete policy challenges i didn't become a radical institutionalist until i had become speaker of the house because i just didn't put a lot of thought into the institutions because i was busy formulating policies as committee chairs. then when i ran, you know, the the legislator branch, i became

it spreads to the whole of continental europe and the uk, so it happened several times in history, thereforepening now in the baltic countries, poland and the czech republic is that the new fascisization model of the european union is being tested. yes, we talked about this , probably six or seven years ago, that when it will pass. uh, new era of uh fascism when the first boring was about these monuments. remember the thoughts appeared in europe what might need to be demolished somewhere we said that this was the beginning of the coming of the pro fascists have been practicing since 2005. all this will end with the nose of the monuments of terror in the park, then we will know for sure that europe is already there. why wait? we have been waiting for a long time when adamkus was elected president. how many years ago in lithuania, who came from the states and did not live in recent years, emigrated after the war, that's when it all started, after all, you look at all the post-soviet republics to power people came in one way or another connected with emigration. and today. they claim the story

it's worse in continental europe and the u.k. is at the front and center because of ukraine and their energy policy over the last few years and they will pay the price. this environment is very difficult and it will probably not be a quick turnaround. lisa: we talk about how the united states is in a better situation3 and there is an inventory glut that a lot of analysts are expecting including big retailers. they say ordering too much stuff will be disinflation area. how much will this take some of the pressure off the fed? >> i'm watching this more closely than anything else. when we had the energy shortages last year, there was a widening of retail margins. especially in the vehicle market where margins tripled. that's the official number. that leaves things at an overextended level. we are in a position now where that enormous margin expansion could take two or three or four percentage points off of core inflation over the course of the next 12 months. it surprises me that the fed is not talking about this. for an investor, y

much earlier than you are seeing it in continental europe. sive demand instruction going on. europe is looking at a tough six to nine months. i like others do not see how europe escapes recession. i hate saying that, but the outlook is one of a recessionary economy. let's hope it is shallow and short. tom: general manager of the bank of -- published today, it is an extremely important piece of our behavior, our individual game theory with higher inflation. what is the win where we given -- we begin to have higher inflation behavior? are we there now or depending on later? mohamed: it depends on who you are. if you are the striking port workers in the u.k. or underground workers, your there. you are already there. your inflationary expectations have changed. you want to protect your standard of living. it is only a matter of time until they seek not only to protect against purchasing power, but future purchasing power. in the u.s., you are not there yet. slowly, you're going to get there. what we are going to find, i know you know that in terms

we think we do technology better than italy, better than continental europe. do we? o industry better, we do brands better. i think italy is the single largest industrial producer in europe, after germany. our strength will come through. the growth of the united states will support us in that. lisa: i would like to get to the italian economy, which has been a pivot point for a lot of discussion. before we do, the conviction to buy and make a deal right now as people talk about record uncertainty. you see money, cash, piling up on venture capital funds at a record pace. where do you get that conviction? andrea: we are supposed to invest in moments like this, our usefulness to the world is to provide liquidity wind other people lower scared of putting back. usually, people pull back when they are supposed to invest. this investment we just done in the united states, which has about $2.5 billion in sales of food buildup is important, you can do it because there are moments like this with supply chain issues, etc. are impacting the market. this is a moment you are suppose

here's one example: europe is descending into poverty. the most advanced continental and the planet, the birthplace of western civilization is getting much poorer, moving backwards at a high speed. just a year ago, europe was in a modern place. the overwhelming majority of europeans filled their homes with natural gas, as modern people do. in germany, the world's richest country, only about 6% of households heated their homes with -- and you can expect that given that germany is a modern, industrialized country, with central heating, indoor plumbing, the trappings of a modern society that has -- last year, only 6% of germans used wood to get their homes, but it's risen so fast, the demand, that there is none left to buy. so now, germans are cutting their own, scouring the forest like their ancestors. >> some in germany are taking matters into their own hands. >> about two hours outside of berlin, residents of the small town -- to go have to be innovative for this project organizer, if you don't -- it will never succeed. this village -- of 60 people. >> so they call it

his chairman powell losing credibility because the united kingdom and continental europe are falling i think it is making the fed's job a lot harder because there are a lot of externalities they have to factor in. they have to take into account what will happen in china. there is a meaningful slowdown in growth. what is happening in europe with the potential for a winter that will be very rough and much higher inflation in europe. in some respects the remit for the fed, not just the u.s., but also what is happening globally. globally inflation is a big concern. they will have to factor that in with how they look at markets in the u.s.. you look at recession probability, they are rising a lot faster in europe and in the u.k. you have a contraction next year. those are the kinds of things chair powell has to weigh in to the equation for what he does with the u.s. as far as policy is concerned, in addition to what we are seeing in the data in the u.s. and the inflation trajectory in the u.s.. jonathan: what does president lagarde do with this as a backdrop? they have a really tough hand

continue to say that russia owes something, this is a great tragedy, europe is not our europe, continental europes is a rhetorical question how much is needed, because we are not talking about the authorities, who are about officials about politicians who are really worried, but teaching, yes, the fate of ukrainians. this is not so, but there is an order and there is a party that fulfills it. works out, i must say, very high quality , works out absolutely unemotionally, you understand, the action is like robots, because here it is necessary. uh, let them die. let them die no matter what. at our place there are certain orders from people who, in principle, still need to play for time. and there, as in the well-known folk tale yes , about nasreddin, either the padishah will die, or the donkey neva, that is, most importantly, as long as possible. yes pull this story to russia as long as possible . uh, it means that she really spent a resource on this, including a human resource. we , too, would have our soldiers die there too. actually. not only ukrainians are dying there. here, a here is your answe

and then i just divided continental europe and she and her father had a world of very different racismy different very different racism. yes, but at the same time yes, well , at the same time on racism, you know, probably different. not if i'll solder, now i know you say parry the corpse later and write about it. e dissertation. you bring him first for the corpse. so i said, are you, well, sort of, then i'll probably be able to distinguish. and now i approve. this is all one thing on the same foundation of the form of implementation does not interest me for a moment. this is what, now we remember the time of the white man kipling, who describes how half-children half-beasts have such an attitude of official anti-semitism, and in the german empire and in hungarian austria it was not, and 20 years have passed and, accordingly, what was not. what was not. there was no official one. in what period of time? sorry, in austria-hungary, it was not officially, of course. during what period of time there was no germany, but the german empire also existed. excuse us jew, marveled at our rights, t

official and they are switching to reusable toilet paper, so far only as a recommendation in continental europee the worm. in the truest sense of the word, start eating insects, while there are only three types of domestic cricket on the menu, they say that brussels calls the delicious yellow mealworm and the migrating elbow of insects new food products, and in order to somehow fake such delicacies, hollywood stars were attracted to advertising very soon in the european union, insects will become officially approved by food, and all thanks to the european commission, which allowed certain types of insects to be eaten and used as food ingredients. so, for example, the new food in the european union will be reconciliations of flour cheeks, and a migratory barn, according to brussels, the use of insects is safe, and the insects themselves contain a lot of protein, fiber and vitamins. and most importantly, eating insects will supposedly help the environment, as there will be less waste water consumption and greenhouse gas emissions, and more arable land in my hands a powder made from flour worms. t

we have a war on continental europe and we're not sending u.s. troops. nobody is saying that.not doing what we need to do to stop this carnage and this isn't just about ukraine, maria. every bad guy in the world, be it china, be it iran,s is looking at this and saying how is the west reacting and were it not for the u.s. and the u.k. by the way arming ukraine, do you really think the continental europeans would be doing it. absolutely not. germany doesn't want to do it. italy doesn't want to do it. spain doesn't want to do it. and for goodness sakes you've got macron going behind the backs of the ukrainians talking to putin. so thank goodness we're there but we need to do more. we need to give them what they're something for. maria: i think it was week one or week two of the war that joe biden wanted to send a plane in to get zelenskyy, jump on the plane, we'll get you out of there. what would that have done. that would have meant russia is acquiring ukraine. so you're right, there's was not any evidence that we were actually helping ukraine win this war, dagen. >> coming on t