marc raibert, boston dynamics, head of the new boston dynamics ai institute.c, good to have you with us. coming up, how has tech changed the world of education in 2.5 years since the pandemic? our ed tech series starts next. this is bloomberg. ♪ ♪ emily: welcome back to "bloomberg technology." i'm emily chang in san francisco. it is the third back-to-school season since the pandemic bennett how we if,, work and learn--since the pandemic upended how we live, work, and learn. the number of students applying to u.s. colleges is in decline. enrollment is 20% less than it was in 2016. president biden's student loan relief is one example of the government's response to high tuition costs and growing guide. companies are facing college shortages, creating more demand for affordable education. the scoping companies --that is helping companies that puts students with credentials forward. here to discuss the future of education technology, jeff, thank you so much for joining us. a lot unpack here. tell us about the trends you are seeing and what that signals about chang

general dynamic up 11%.u ps a different for some of the defense names. general dynamic up 11%.a dit for some of the defense names. general dynamic up 11%.ps a dif for some of the defense names. general dynamic up 11%.a differr some of the defense names. general dynamic up 11% and my next guest has an outperform rating on his top picks but he says there are short and long term catalysts. tim herbert is our aerospace and defense analyst. thanks for being with us in your note, the defense sectors trading at 5 percent premium to the market compared to the 11% discount with -- so these are relatively expensive why buy them now >> yeah, good afternoon. that is a great question but i do think that we are looking at a new reality here and i've highlighted a number of reasons. one, just very tacticallynear term, if you are concerned about broader economic pressures, you can getti access to a sector tht generates phenomenal cash flow and a sector that i think will benefit from fundamentals that are strengthening and not fully reflected in sentiment so i think that it is a sector that has

or its old tv spots, that dynamic and become very real or at least more real. that was the one of the central insights from the experiment we did was that these interventions that try to pop that bubble and say you are really overestimating how much the voters on the others support these undemocratic moves and support democratic backsliding on their side. that is not that popular. you're overestimating that two fold or the case of violence three or four fold. getting that information was helpful for ratcheting things down. the absence of that corrective information people are going to likely go up and up and up in their partisan animosities and their willingness to verse eight democratic principles. all of this starts with a narrative that worries people, gets them to consume more news, but can make itself real. this is one of the dynamics i get concerned about with polarization of democracy. as someone who runs a lab committed to us being polarization -- committed to studying polarization, i worry about contribute into that dynamic by shining a light on the pr

uh, dynamics characteristics. e economy, including the dynamics of gdp, including consumption and real incomes of citizens, so investment support is now probably the main central main central issue, but in general we expect that the decline in investment this year will be limited to about two percent . next year, it will remain half as much, that is, somewhere at the level of 1%, for example. further imports, uh the key issue of these posts, since the restriction of imports is one of the main, uh, tools, or rather levers in general, of the entire logic of the sanctions impact on our country. so, in general, if we talk about the dynamics of imports, they are now at about 65-70% of the previous year. that is, at the peak, we had a drop in imports by about half. now the drop in imports is 1/3. that is, this difference was won back, but here the picture is significantly different. and if we talk about consumer imports. this is also a sign. uh, the revival of consumer demand. he practically recovered, which, of course, is also somewhat unexpected for many. uh, the result is a key role. here

the dynamic of what they reported today in the dynamic of what target could report tomorrow, i think the company look at them differently. >> the question is do you think the market should have been higher based on walmart's report? the walmarts were dragged sharply lower based on walmart earning . >> they were up 13%. walmart is not a high name and i think it was a nice option based on where you could be implied on a couple of the folks targeting higher. i think good numbers to target, target has more room to run. i'm not surprised 5% for walmart is a big move. >> to answer her question about the market, not about the single names. >> i get it . >> you just wanted to say what you wanted to say, which is fine, that happens here. i get it. but we are sharing a relative number, to date more current data from walmart about the consumer that was pretty decent in the reaction was . >> i think it does he where sentiment is right now. we are a glass have full. and glass half empty shooting first and asking questions later. we have massive gaps from walmart and target over the last few month

now the car manufacturer is launching the boston dynamics ai institute.earch first organization that aims to work on event in artificial intelligence and robotics with a $400 million investment. let's talk about all of that in more with the institute's executive director, mark rayburn. great to have you with us. obviously, ai is one of the most powerful, promising and essentially terrifying technologies in human history. what are your goals with this institute question mark >> -- institute? >> robots have come a long way but they have along with you. compared to people, robots are still pretty stupid. it takes a lot of work to get you what they want them to do -- to get them what you want them to do. we need to make it easier to tell robots what you want them to do. can you imagine having a robot that can watch you perform a repair task or in a similar task and have it understand what it is seeing and figure out how to do it themselves? that is science-fiction today but i think if we make a diligent effort and get the right people and have a sustained eff

so they are not certain about the wage dynamic and price dynamic, but they no one thing, if they increase interest rates, reduce demand, that will put less pressure on prices. lisa: michael schumacher was talking about what the fed was looking for in terms of their communication, saying they are not getting into what they need to be saying, which is they need to be raising rates, giving that conviction to markets. do you think they are doing a bad job on messaging, particularly with chairman powell? randall: i think that is unfair. i think people did not listen carefully to what jay said at the conference and a number of fit speakers came out after to clarify that. he made it very clear what the direction was. numerous times in the press conference he said, i'm not going to tell you what number that we will be at, but look at the most recent projections we have. we will get to 3.5 by the end of the year. that sounds pretty good to me. he is not giving a meeting by meeting number but giving a direction. the other speakers have been consistent in that. lisa: there is a fear that if that tha

>> we have been owning general dynamics for a while.general it's a constant grower with earnings and dividends. we're a dividend investment shop. they have been growing the dividend consistently 7, 8%. they have bought back 21% of the company there is another thing with general dynamics overlooked, the gulf stream side. 20% of business is aerospace. cheryl: private jets. >> that is growing dramatically. with people flying again, the fleet has been updated from. g-600, 700, 800, back orders are getting full price which is unheard of. cheryl: people are tired of the airport getting flights canceled, losing their luggage. that is actually true. >> if you look at it, wealthy, corporate jets, demand is very good. cheryl: it is. >> that added kicker to general dynamics not just defense by aerospace side of the business with gulf stream. we think a play on defense and cyclical. cheryl: have to ask you about home depot. this is one of your picks? >> yes. cheryl: home depot, their earnings weren't terrible. they were better than loews. >> exactl

the dynamic that is mostly about positioning and sentiment. after the 29% move, they did pull back 5% in a couple of days. it is not that big of a deal. carter will talk about this, maybe not today, but we have the key technical levels for the market. you do have the options today. i think this could set you up for a bit of a downward bluster on monday. i think they were trying to push down volatility over the coming weeks. that will not be great for docs next week. >> they have to be hawkish. they have to be. in september, they will likely move 50 basis points i don't think they will move 75. that will be seen as bullish. the only way we don't go into a recession is if they fail. they stopped too soon. they will always push it. >> the side effect of the anti inflation campaign is a recession. >> they have to squash demand. in its definition, that to squash the demand so much. the problem is, we have a supply-chain issue that is on top of this environment that we are in right now. they risk the ability to push us into a recession that has noth

well, as far as i know, the dynamics change depending on their mood and the supply of ammunition whenur syzo was working and we saw it because it also happens at night and in the evening. it is very obvious that they were working in the direction of donetsk , the direction of avdiivka, or other cities, the dynamics there were really changing and they even quieted down for a while , but we feel that the logistics routes are still not completely destroyed, and how the supplies of slevyan and donetsk regions were going through rail transport, so they go. well, i already said that we expected that well, we, as military personnel and our comrades in the rear who help us, expected that we would have a holiday on august 24. well, it did not happen, i mean they, the crimean place would be very big it was an epochal and symbolic event that really showed our strength. i think it was no less significant for us for our belief in victory, which is already powerful, but for it to hold together and we really showed our best qualities if in the crimean bridge on the 24th or 25th well, it's not import

this is a dynamic that i think doesn't really we've been dynamics from what was a pretty good second quarter, but the cpi dynamics are what, from afar, what this market did. this is a market that behaves as if the fed put it in play. this is a market that is behaving like the market we knew last year. that is what is interesting to me. the positioning for the investor base i think for the past six to nine months has as much to do with the market rally is anything. >> from an interest rate, from an earnings perspective we are in a very, very different place. here we are sitting at these levels. we are about to get a more real- time rate on the u.s. consumer than the cpi that we rallied off of last week. >> we have all been doing this for a long time. this is not that surprising. if you thought the s&p was correct and it would be in the mid 3000s and it almost gets there, then you say you can get back to 4200 -- that is the way this stuff does. it doesn't line up with the data precisely. tim just mentioned q2 earnings. when you focus on the major names, the s&p 500 and the nasdaq, they

so it was a sort of dynamic shift in 2018. i think you're looking at potentially the second dynamic shift in a midterm where we're going to have a larger percent of americans voting in the midterm than what usually happens. and what happens in the midterms is if you look at 2010 and 20 14rks you look at older less diverse electorate, if you look at 2018, had you a younger more diverse electorate and democrats did really well. i'm not saying that democrats are going to break the historic mold here, but if you look at that dynamic shaping up, it is not shaping up to be a republican digress like you saw in 2010. >> if you consider early voting, it is coming sooner. how much of a shift could take place in three months and what are you raching for in the next couple of months, cornell? >> well, you know, a month is forever in politics, right. so, the dynamics could shift very quickly. but i'm looking at the interest, especially of younger voters and voters of color, because that is where democrats have the hardest sort of turnout i

and i had two dynamic guests att time who told us a lot about easter, and i was so inspired i asked him to come back.nd arablesed to have carol estes and jim hopkins. welcome back. >> good morning. >> thank you. >> you were so dynamic, ace sai, both of you, that we were on youtube for the first time. >> wow. >> and youtube celebrated the 1h year anniversary last week. so or last month, and therefore thy celebrated by having us on ther. >> i didn't get any word we wenl yet, though. >> right. >> so i know a lot of people knw a lot about easter at that time because of what you folks hear and so hopefully, they will feel will feel the same after hearint pentecost. but before we do that, carol, tell us a little about your background and your ministry. >> okay. i am a native san francisco, very proud to have bn born and raised here in the city. and grew up in the hate ash bury district and close to golden gate park. and, graduated graduated from the graduate thel union in berkeley. i serve as a chaplain for the palliative cart at cares and also the senior pastor at elmhurst united methodist c

are changing significantly, and in fact economic indicators depend, among other things, on the dynamicsof military operations, on foreign aid, foreign aid by the way, it is rather irregularly included in the ukrainian budget in principle, the transition to such a three-month quarterly financial plan would be appropriate, but in principle it is necessary to continue annual and annual budgeting accordingly, now we have three main sources of filling the budget, these are taxes, in principle, the amount is already known because the economy is already gradually adapting to the shock of the military state of shock war eh, there are several additional silks that affect the economy, first of all, it is logistics and transport because in some industries, for example, now logistics costs eh and transport costs are higher than the cost of the products themselves, which is produced , that is, it is completely lost as an incentive to produce something and export it. well, for example , even in agricultural ones. export of grain even in our minister of agriculture says that in some farms farms, for e

whether this intervention is exactly the way we would understand this dynamic as analysts,

so, it's a different dynamic. the front line is extended, it's much broader and, to go back to chris's point, this means that government in traditional intelligence agencies can't do everything. just a couple of weeks ago, on the museum's podcast, we had an episode where we are talking to some people from microsoft. they have a threat intelligence center. so, just think about the amount of people in the world that have a microsoft operating system or a pc or a, i've got word open on my computer right now. so, microsoft are, for example, are in meshed within this in a way that companies weren't necessarily before. sure, you can help to develop aircraft and your blueprints could get stolen or something like that. but now, the front lines are much broader and it requires a different type of approach. that goes back to the public, private aspect that chris was talking about and ended or two ago. >> yeah, no, i think that's great. i think that sort of a great, maybe, and point for us this evening. do either one of you

so this goes back to this nuclear dynamic that came out of world war ii. so, you know, this is something that is overlaid just now and there's studies, limited nuclear war and, you know, can you use nuclear weapons. the problem is it with escalate. people think because the cold war went away that we are out of the woods but it's going to take people that are engaged in international affairs that care about peace and security to be involved for us to get through the next century because we came out in the 20th century but the skin of our nails. >> well, i'm going to sort of -- i think, we are having a good discussion here about, you know, where does the cold war take us today, can we even talk about, you know, what's happening today as a cold war. i think as you said, we don't know because we hope that it would be a cold war and we hope that there won't be any sort of escalation with what's happening. but to take -- we've got a number of questions from our audience which are great and if you have any others, certainly specifically related to the cold war or

what did you learn about margin dynamics? i believe we have 70 x percent of earnings in right now. what did you learn about what we need to study down the income statement? kristen: what we need to look at going into the end of q2 earnings and q3 earnings, i think when we look at the rally we saw in july, a lot of people pointed to a potential fed pivot, some dovish comments. i don't think that is it at all. i think earnings show from resiliency that was not anticipated. tom: where was it on the income statement? i get the earnings were there and we chat up revenues, but was this about growth margin or dynamics? where was operating income on the income statement? kristen: it was a top line revenue. when you look at the top line revenue growth we saw, i think that was surprising because everyone -- tom: totally agree. kristen: you are looking at consumer spending. consumer spending is 65% of gdp, and we were trying to look for >> and the consumer backdrop in q2. -- look for cracks in the consumer backdrop in q2. everything came out better than. when they came to the consumer. the on

we gained supply dynamics and we gained demand dynamics of oil and we get one or both or all wrong.reat is the mystery right now of supply and demand? ellen: it really is a big question because there are considerations in terms of whether we will see a recession and how deep that will go. as we remember back to 2008, there was a huge drop in oil prices that even necessitated opec taking some very significant action when the recession hit. we could definitely see something like that, but the jury is still out on whether we see that or whether we continue to see strong demand, separate from so much pent up pandemic demand. tom: your job is not to model brent crude, that is not the ellen wald act but you could talk about the power of the players. in opec-plus, what is the power this morning of saudi arabia? ellen: saudi arabia definitely has the upper hand, though because they are in this larger opec-plus group, you really can't exclude russia and the uae as the other really big important players right now. it is really going to be about not just what they want but also how they see th

bull being driven and there is a constant intention, in fact, if we return to your question, the dynamicsars, but the russian enemy is trying to achieve certain tactical goals and objectives, or are they preparing for some large-scale offensive that can be compared with the situation in february -february of this year, i think actually there is no some kind of scenario already today, because we have seen scenarios where he will win in three days. we have seen scenarios to seize kharkiv and donetsk region at the end of the scenario and today russia is already in ruins and war as well as ukraine. i think that this will turn into a long, long war. what should we prepare for ? e enemy concentrates on one small segment of the front is throwing everything there and everyone has been notified, uh, the whole other section of the front, which stretches for 2 1/2 thousand kilometers, is constantly, well, actually, a practical front that uh, moves with tribal success. and if we talk, for example, about concentration, i met the russians, however, first there was luhansk region, where they managed to

because there are some meek dynamics here. democrats were leery of lights and, game by republicans, outside group came in with a pretty big ad buy. republicans were downplaying their own chances, because they know that it coincides with the democratic primary in the blue state of new york. and they say democrats turn up in bigger numbers. so there are those caveats. but regardless, this is a real test of the democrats use of the messaging on roe v. wade, the supreme court decision on abortion which pat ryan had been aggressively emphasizing to try to galvanize voters. that was the test of that compared with the republican message to use economic pain, inflation and make the election a referendum on biden. we'll see which one went out. >> marc, we talked about the gubernatorial race in your, state let's talk about the senate race, val demings is gonna face marco rubio for the florida senate seat. moving back to 2018, scott desantis, they won. but by fairly narrow margins. something as fundamentally shifted in the state. is thei

and finally how about wide receivers, the most dynamic position. no matter what in the first round.he big plays even if they are less can. wide receivers are what we call high risk high reward. high ceiling, and cause me the pain of the downside. and cooper kupp, hands-down the best in the league. and the best in the league, and the networks, pn w, and nfl, and passing first. strong receivers have become essential in the same way, cyber security, corporate america. and and i don't know if you cut the interview, another great set of numbers. and the passing game, and the single best stock. and the blowing numbers, and reporting tonight, salesforce, they don't have the demand that palo alto has, neither does nvidia. >>> cd lamb, even though he plays for dallas, and any good, and the track record, expecting even better performance, i will draft him in the first round, increased, and steadily growing capacity, a bunch of subsidies. and just signed, and adams, packers to the raiders. and he is working with that, and through the quarterback, i think you can have a season, it feels like am

the dynamic is a combination of to what extent where margins are going for the company. costs. and they have big union issues and ordered they had to rehire folks in memphis, and some union activists and whatnot and they created their internal turmoil but starbucks has really brought some of this upon themselves. if you look at the leadership dynamic, i think the company since kevin johnson, sat in the role has been in the rutterless. and they start using things about reinvention, and whatnot, it makes you feel as if it's a company that's lost. i don't think they are that lost. but i think that the dynamic around the shares is we still need to see that ceo in place, and right now howard schultz needs to name a new ceo. this is preparation for that. >> you need to see the vision and we don't have a handle on that. internal problem and external problems. walmart was talking about you know, household incomes over $100,000 going to walmart creating down from deli meats to cans of beans, gibing and you have to wonder is this happening so you can buy your $5 cup of regular cof

sierra leone is a dynamic economy. i am so proud of that country as a member of ecowas.know they have a fair share of disruptions. supply chain disruptions. it is not just the civil war. they went from there to covid-19 and now to russian conflict. this is universal. everybody is going through this pain. now to take a step backwards. there is a lot of help coming. the world bank needs help. we are starting to support them. but they should not break up. >> ovigwe suggested the curfew is a good idea, to let passions on both sides calm down. do you agree with that? 3 definite -- ken: this is political violence and social upheaval. you need to have conflict. host: there is a curfew in place. we know it is difficult to get in touch with people from the outside of sierra leone. there is a bit of a vacuum happening. do we expect the government to come forward? do we expect the government to address the nation? do we need to hear from the president right now? marcella: absolutely. but we are pushing for right now is to ensure that the information vacuum is closed. citizens want

so, in general, if we talk about the dynamics of imports, and

i think the dynamic around jackson hole is a section is that the fed came out of the last meeting. i think there is some interpretation of that last meeting that the fed wasn't pivoting but that the fed was at least ready to acknowledge that we don't know if we have overstepped our boundaries. it was the first time they acknowledged. as steve said i think we will hear a lot more out of the fed and hopefully for the market -- there are market factors hereto. we were positioning and sentiment in the markets for the last six weeks and at the start it was so low that the move that we had was purely a function of a little bit of relief on inflation, a little bit of a sense of the fed doesn't have to be as hawkish and you get yourself to this place. this week i think the fed will reassert that i don't think any time soon, i certainly hope not anytime soon, are they going to expect that they have won this inflation fight. citibank says they will be over 18%. germany on friday 34 1/2%. i also think that friday we --. a lot of volatility had been squelched going into that. these are factors

dynamics of changes in the caspian sea red color - this is how the sea was very much centuries ago blue, then what it may become soon, but this is just a hypothetical scientific model. in fact, today no one knows exactly why the caspian sea is leaving and part of the fortress in the alla market in derbent is now under water. this means that the level of casper middle ages is significantly lower, and at 9:00 in baku, on the contrary, it rises in the city center. although several centuries ago, it was washed by the seas, natural cycles, natural fumes. not the caspian, therefore, azerbaijanis look at the future reservoir with optimism about 200-250 years the level rises and the same time falls, we are waiting for about 10-15 years. there will be a rise again. this means that the younger generation of azerbaijanis will see the caspian returning at the end of this year, the sixth conference of the parties to the framework convention on the protection of the marine environment of the caspian sea is scheduled to be held in the capital of azerbaijan. there is hope that sedoy khas will turn arou

poland add i'm just to the fact that the dynamics of the movement parse in its part.ar to harvey let me remind you. this is such a light jeep. and since here he famously takes an obstacle. as a rule, the deserted southern area is a bit similar. that is, the one who developed. eh, the plot of the movement of technology, respectively, so to speak, this is the drama of the situation plus to this. uh, i really believe that took that's astounding the effect of the terminator from our bmpt and imposed, of course, on the plot of this cartoon, because, well, yes, the terminator can immediately send four at the same time, so to speak, a rocket after opening fire from a cannon is another matter. what is perfectly natural? it is naturally realistic that he hit all four targets at once and did not aim , but the one who mounted it was 100% ingredient. i took this salad from real pieces of equipment, which i just named, and then i blinded them together and added more to this. here is such a cheeky spirit. well, the cossacks and the zaporizhzhya sich did not even think then. zaporoz

like us, it's up to 4.3%, and chose the same labor dynamics. back to the stock market, and really what we should be doing with higher rate is that we should be marking down the multiple we should be paying for stock. remember when tino is out there and there was no alternative ? is is why you owns stock. the fed was intentionally pushing them out to risk. now they are doing the opposite of that. just back to an apple, trading about 10 turns, to be eight to 10 turns past its ten-year forward pe multiple of about 16. at about 25, 20 six, wherever you are. microsoft, probably five turns. it comes down to valuations, i think. and a case where, the fed rhetoric tells you, you're going how to evaluate stocks in an environment were rate are higher than normal. meanwhile, we haven't even heard from the demands of a lot of these coming out in the second order. companies will be about 85% of the time and 65% on the bottom line, and i was a good quarter. >> we are already getting some. we heard from hewlett packard last night, and we heard from c8 this mo

the nesting dynamic are things that are one of the trends. key is this stock after being bludgeoned they were up over 50% off of those lows. they were very well bid especially as interest rates went down to 250 on the tenure. the has been a correlation as rates have gone to 310. i think you actually do watch tactically where rates are for your next move in this one. >> we talk we don't talk about williams sonoma enough. you look at wayfarer. it is an online marketplace but also a bit of a disaster. then, williams sonoma comes up 11% up 21% at pottery barn. >> as tim alluded to which is not promotional they seem to be executing. they are actually doing better. i can't think that far in advanced. laura has really done a fantastic job. kudos to her. outstanding execution. >> yeah. the margins were higher. margins overall lower but they got hit by higher freight and shipping. >> coming up, china attack options. they are piling on the back of those companies rertpoed earnings. how they are playing that coming up next. >> we are digging into two bi

fresh data presented by rosstat, the result turned out to be better than forecasts for the dynamics, a serious one, the seasonal factor had an impact, because of it, vegetables and fruits are now becoming much cheaper. so cabbage became more affordable by more than 33%, potatoes by 27.5, grapes by almost 16%, and apples by six. and here you need to understand. why the current dynamics, namely a strong slowdown in price growth, it is associated, including with their sharp let me remind you that growth in march was due to the strong weakening of the ruble. there is a violation of the channels. having delivered the goods, their price has risen sharply. well, and accordingly, and this caused, among other things, a sharp jump in prices, and in those very months. and now we see the picture in reverse, that is, the ruble has strengthened, respectively, we have received that the prices for them. eh, is also behind it began to decline? well, and accordingly, there are those inflationary consequences that have been caused. here are the shock prices. they also began to gradually weaken in china

the dynamic will be changed onl in here. the dynamic will be changed only in one — here.ynamic will be changed only in one case. if— here. the dynamic will be changed only in one case. if ukraine - here. the dynamic will be changed only in one case. if ukraine will. only in one case. if ukraine will prevail, if russia will withdraw entirely from ukrainian territory and democracy will win this fight, despite fort democracy for sovereignty and freedom. in terms of the so—called grain, here's the numbers, we expect we need to export around 20 million tonnes of grain. as of now, we exported just 400,000 tonnes of this grain. it's far from the numbers that we expect. and they want hand, i do commend the efforts of turkey and the un, they did at least something in order to help ukraine and not only ukraine but the entire world to export the grain and tackled the global food prices. 0n the other hand, it's all about the war. we are not to use substitute, the core, the essence what is happening right now on the ground, full—scale invasion of russia against ukraine. war criminal p

an avid peloton. >> the dynamic is some of the trends no, more of a feeling on a addressable market.oving to a software multiple, i say go pro. i do not leave it. i have seen this movie before. this is not a name that you are chasing on good news. >> that chart is really rough when you take a look at that. >>> tesla was the single most active stock in the options market today. is now the perfect time for a refresher? >> it is important for people who hold an interest in trading options on the stock. it is at the top of the list. you will multiply the number of shares represented by the options. if you have one call contract now you will own three. q multiplied by the same number. you also have to adjust the strike price. that will get divided. may you have 300 strike calls. the premium will get divided by a like amount. today we traded 1.87 million contracts. the second option over all. however, overall it had a bearish sentiment. none of the examples interesting stuff. >> interesting stuff. you were treating tesla around the split. we talked about it yesterday. it was your final tra

here in place, regardless of the dynamic, changing global agenda.y is still relevant. more and more actively it is promoted by young people from 14 to 35 years old. playground shape helps everyone to be proactive. these are just volunteers who are very interested in environmental issues, but they do not understand where they can go there in their region, er, if they even have such an organization here and we provide opportunities to learn about it. connect with each other. they could continue to work together and develop this area with thousands of students and young professionals. today we met in one place, but those who want to develop the green direction in the country are considered much more by the guests of the forum. now this ecology a topic for the whole society and for the world community as well, so today on the form, i slept with the initiative. eh, still hold and do it annually. global forms ecological forms, not only for young people, but for e all experts world experts head of the largest business enterprises of the public non-profit s

nancy, you mentioned steel dynamics before. does that mean you think the industrial economy is in decent shape? >> i do. look at the industrial production numbers we got. that's one of the cross current confusing data points. i think it's also important to point out with unit labor costs rising so dramatically and productivity down, we think people will continue to spend on the cloud. cio report says 86% of going to increase their spending on software steel dynamics is an interesting company because it does have a digital component but also an esg component. we like the company. we think it's a great place to be for the next three to five years. and it flies in the face of cyclical downturn, i know. but it's got a unique spot in this space. >> there's a lot of offsetting currents right now nancy, thank you very much thank you, deirdre, as well. we are tracking for more than a 3% decline 3.4% in the zmd. t s&p 500. we're still hanging on to more than half of the total rally from the june lows down to that low 36 and change would

volodymyr, which are the hottest spots in the donetsk region right now, and how are the dynamics therel, whose initiative is operational, now it is military hmm vlad can state that the enemy has lost the initiative, he is trying, well, i am probably repeating it, but uh, the enemy tried there in sloviansk. now i will try to bakhmut, then i also tried the audio lists . points, the enemy is failing, what does this indicate, this indicates that the enemy has no initiative, there is not enough manpower, there is no offensive potential, uh, he suffered huge losses in north donetsk, and we see the same with the enemy that his idea of ​​transferring additional forces to the kherson direction is the only thing that means that all these forces have become good targets for the western russian federation and the task at this stage of the war is to hold the line of defense as much as possible and there are also directions in which we can counterattack immediately effectively continue to counterattack dynamically write dynamically iron the enemy what gunpowder was broken somewhere organized and in

it is a fascinating i dynamic. that is a million-dollar question. your obvious your gaze turns the right of course requests of courses experience as vice president was obama weight in. >> hello congratulations hi. congratulations on your book. a later question. we note doctor biden does like to be called doctor biden. how does she feel about the title of your book? >> that is a good question but we interviewed her she wanted to be virtuous jill. she was pretty casual i would say. but she always is but she tells people to call her jill. shee tells reporter to call her jill.il she tells perfect strangers to call her jill. she walks into rooms and says hi, i am jill. not hi i'm the first lady but hi i am jill. and so i think, i like the title. you wonder how she feels about the title but i'm going to tell you why i like the title. the purpose of the book is to try to introduce the public to this woman who is now serving as first lady. someone who is now getting her moment in the spotlight after years of almost being behind the ecscenes. and so because

of you have a lot of hardware, you had a lot of new dynamics, you have very little communication.there has been good experience between norway and russia, for example where despite all of the conflicts, the navy commanders have had a standing line so that they can escalate the conflict on the level below the political level. at the moment, we don't have that. we have the us russia contact. we don't have a secure contact from nato to russia. we don't have a um navy contact in the baltic sea, which the factor now transforms into a nato sea in a way. so there is a lot of risk there. and this is why i feel that both sides will look very, very intensely into looking for ways to manage this new confrontation because as you're saying, and i agree it will probably stay here for years and years and years to come. so what's the the nato point of view on that? well the problem with deconflicting mechanisms between russia and nato is that that moscow wants to talk to washington. uh and when it comes to cocommon structures, soccer's is almost accepted because it's an american commander. but wh

and you can no longer know what it will be my business dynamics. like this.t time, speak the dynamics and it is positive, which means that i will quickly correct the local. what today's diet is currently deployed 180 beds here, well, if necessary we are in case of convergence of the epidemiological situation. although now the question is not yet ready to accept a significantly larger number of patients and deploy an additional 260 beds, in the opening center, which the entire rostov region has been waiting for, there are just enough doctors and personnel and medicines and vital gas, more than 1,000 patients have come. during this time, the center has been operating since the end of december and has full provision. constant, unreduced supply of oxygen. we keep around a million liters, although doctors are ready to repel the attacks of the virus, they urge not to bring the infection to rampant and think about acquiring immunity through vaccination. after all, by august the general level of herd immunity. only 17% of the required 80, according to the information

and meghan markle tells a us magazine that she upset the dynamics of britain's royal hierarchy, justexisting. welcome to our viewers on pbs in america and around the globe. mikhail gorbachev, the last leader of the soviet union, has died at the age of 91. he made it his mission to push for perestroika — political and economic reforms to kick start the russian economy, and set the goal for glasnost — more openness and transparency in the policies of the state and judicial system. he oversaw enormous changes, namely the break—up of the soviet union in 1991, and the end of the cold war. russian president vladimir putin, who had a sharply divergent view of how things should be done, has expressed his "deep sympathies". our russia editor steve rosenberg looks back at an historic life. he was the kind of russian leader the world had never seen. mikhail gorbachev smiled, he was relaxed. in the west, he acquired almost pop—star status for helping to end the cold war. but at home, it was a different story. born in the days of dictator josef stalin, gorbachev became a committed communist, risi

and its own inflation dynamics that really and to see the war in between russia and ukraine. and so that is partly what the labor unions and social movements were out on the streets, protesting today, and many, many thousands of them. tens of thousands in fact, out on the streets as one of the protesters calling for demanding from the government. well it's, that's an interesting question because the protocol, the government is essentially a permanent government market for coalition government. but with the main be are owners and many labor unions per day were. busy on her own, and so they were quite capital to make it clear that they were not prone to the, against the government. since her own neighbor unions rarely protest against the government. they were protesting against essentially, monopolies better. she and i think right. and if not, the main, one of the main culprit for the quite irrational price increases in argentina, a very high concentration and the production of basic stocks. and. busy also very high concentration in the distribution base and so long as to secto

russian federation, as well spills over into the southern direction of those who thought that the dynamics were clear, but we understand that in any case it is asked on the battlefield, it depends on the tactics, the strategy, the reserves and the state of the strength of both sides, so i repeat, there is nothing new in this, that the enemy is trying to accumulate forces in the direction of zaporizhzhia and, er, kherson, er, we will see the development of the situation, well, in the coming week, i think mr. serhiy, i wanted to ask you a little more about international politics today, everyone, not today, yesterday with with anticipation, they waited, not with anticipation, they waited with fear for the arrival of the speaker of the us house of representatives on the encyclical to taiwan, the plane took off, she already met there with the head of the parliament, maybe now all the minutes are already meeting with the president of ukraine, and she said the following will be quoted by the washington post we must support taiwan, which is an island of stability, is a leader in the field of peace

yeah, the dynamics is changing. it is very dynamic and complex situation for countries in and has been through since specially november 2020 international pressure might play a role, but the operator should be balance that the government took the quote, continuously complained that the pressure has been on government. the government only, and that t p for the degree region and operator from, from the international community. in this case they put example, they mentioned that we have, we are ready to start. and that was issue with our precondition. but the t p lip is at least english preconditions to be a lender. international community is not putting any pressure and imbalance in terms of reporting, even the why so case this problem should be entirely sorted by, by europe in internally. but this does not mean that international community and i think to contribute they can play in terms of possibly getting the negotiation and putting pressure on both sides. and possibly they think even even terry and access as much a

well, just dummies of this dynamic protection are used as he the defense of the russian federation and, how is it manufactured? what kind of gas was installed by the so-called russian military reception, i.e., its evaluation scheme for the entire country . to buy drones in the early that's exactly what it says about the potential of the ability to produce uh, even such samples that they, among other things, have to demonstrate at these exhibitions, and for the 20-22 army, let me remind you that oleg was our voice there katkov is the editor-in-chief of the defect express military expert on this i have all the military news for today, but there is much more of it, my colleagues, so stay on the espresso channel, good evening, here is good news for ukrainians, it is not good news, even i would say such very tragic news for the occupiers, but what, as they say, did they want when they came to our earth with fire and a sword. fire and a sword are conditional swords, but fire is not conditional and real. administration that in the luhansk region, in the city of lysychansk, which was recently