they have reached out to karachi which had 17 seats in the election but they have reached the tpi andates are still angry and they want justice and candidates are still angry and they wantjustice and they want candidates are still angry and they want justice and they want their seat back, which they think they have one. ., ., seat back, which they think they have one. ., ~ ,, , . stay with us here on bbc news. hello again. showers towards the north—west of the uk but it is feeling rather springlike with blue skies, some sunshine and snowdrops in bedfordshire and it is a largely dry day across most of wales although we could see mcleod develop towards the south—west. today is the best day of the week for most in terms of sunshine amounts. from mid week it is set to turn wetter and the lactic system sweeping in from the west with mild there. temperatures marked in blue at the moment close to the seasonal average and then we get the south—westerly is drawing in the very mild air, temperatures are set to rise, particularly on wednesday and thursday. back to today and you can see this feat

understand how you read a potential intervention from the ecb if they decide to use their instrument, the tpiin case whether that is france or that's italy. would you read that as a concern or would you say the ecb is not concerned about the outlook for european debt? >> we have central banks there as a buyer of last resort. some said the first resort. we have seen it from the fed and the bank of england and ecb. since 2008, we have seen central bank policy support or central bank programs. i think the market would need that. without that, a huge amount of confidence would be lost. the market does require central bank to maintain confidence. >> we will see if they reach that point. in the meantime, thank you for joining us this morning. that was the head of fixed income research at rathbone. >>> coming up on the show, the second mandate at the helm of the eu executive arm with the team of commissioners. we will speak with carlos moedas after this break. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $10

that gives me the tpi on thursday, ppi on friday. ed will probably cut into september, maybe money rotates there, i think it is a cheap way to play it. i've been sticking with the megacap trade and put your toes in the water to get rotation. if you buy wm calls and xpi calls for the biotechs for the next few weeks you can get some alpha there. because i don't think we'll be getting that much alpha in the qs. this trade is very much overbought. i think next two to four weeks being bumpy for the s&p and tech. liz: i would think, i would think so. volatility barely up today is still below 13 and that just makes people a little nervous. we wonder where is the lightning bolt going to come from? do you see any kind of correction, scott, coming? >> at this point, you know, it is like everyone thought we would cut four to five times. now it is one or two. that didn't cause a correction. you have geopolitical situations all across the globe and that didn't cause a correction. once there is no more situations that can cause a correction, then m

organizations are trying to change that the simon family and the players impact, based in napa, have created the tpie. it's a mission to empower professional athletes and prepare them for long term financial sustainability. joining us now is tracy deforge, the founder of players impact and kit gilbert from the simon family estate, who's going to lead us on a wine tasting kind of a side benefit. so these players and the people who are attending get taste wine. it might draw them. there, but the important message is what can i do? what can i impart to these players that will keep them from getting into financial trouble? >> and it's all about empowering them to learn, earn and invest properly, making sure that they have the education and the tools to do just that. and as you see the trend of athletes become more and more of their own businesses, a lot of what they do is, is enjoy their own wine, spirits and brands. and so we're going to expose them to different wineries tonight, led by the simon family estates, as ways to think about how are you investing, what asset classes are you investing in and m

the tpi paper earlier adoption.tpi paper earlier this year had 22 recommendations covering everything from infrastructure to skills to procurement, infrastructure to skills to procurement , to reform of the procurement, to reform of the capital markets to boost investment . however, for investment. however, for government, the most exciting opportunity the tech revolution can offer is in respect of government itself. over the past months , tbi has been working on months, tbi has been working on policy reports about al, which for obvious reasons, we didn't pubush for obvious reasons, we didn't publish during the election, but we're publishing them now . and we're publishing them now. and here is what they show . the here is what they show. the report on how ai can be applied to the tasks of the public sector . that a fifth, a fifth of sector. that a fifth, a fifth of workforce time could be saved just through applying existing ai solutions, creating £10 billion in annual savings at the end of the first term, governme

finish up our conversation, i would like to clarify how you would read a potential use of the ecb of their tpindustry.strument. the idea is we have to tool, but we don't want to use it. if they end up using it in the french context, how would you view that? any concern or the regulator is there to sustain some of the losses? >> in fact, the ecb tools should stabilize investors. reaching a certain level. we are currently 80 basis points. it could reach 100 basis points. the fact that ecb, if ecb is credible, it should stabilize in the expectation with the ecb not forced to use it. >> we will see what happened if the ecb reaches that point. senior economist at asset management. >>> the president-elect donald trump will visit paris this weekend for the reopening of the notre dame cathedral which has been restored following a devastating fire five years ago. this will be trump's first overseas trip since winning the second term in the white house. >>> coming up on the show, we will cross over to the resourcing mining conference where we will be joined by the chairman of equinox gold. that conversa

. >> do you think we're at a point where we're likely to see the ecb actually triggering tpi? ou think that the risk will be high enough that the ecb might have to intervene or are we too far from that? >> i think we're too far from that right now. i was fully expecting the markets to test that. that hasn't come to fruition. anytime there is a line in the sand, that is pushed. i would be really surprised if it happens vis-a-vis france. i don't see that as a problem at this point in time. it will be found watch at these levels. >> industry very interesting. i would like your thoughts on the u.s. we talked about the fiscal issues with france with investors. what about u.s. debt? are we lacking paying enough attention to this bond really? >> so debt is el the sevated everywhere. this is a global phenomena. at some point, you have to rein in deficits, whether it is in the u.s. or elsewhere. the challenge that the u.s. market has is that politically, there is no will to do so. if you look at polling, deficit worries doesn't even show up as a top ten issue. until it is an issue in vo

>> the maker of counterstrike actually provides a conduit or tpi that let's you upload your virtual items it's just a matter of clicking a few buttons for essential virtual money even after you place your bets eventually cashe cash these chir items out for real cash or crypto currencies. >> i think the value of my digital items in a gamble it somewhere else. connected to the game part how popupaired howpopular is this ye of how many people are doing this and what has the response been? >> it's all happening in plain sight you don't have to look very far at all. you find it on message boards, on the gambling sites or even the big tech platforms from google, u2 and amazon. the thing is no one is talking about it. i have not responded to the messages, gambling site because it's looking into the issue of youtube told us the examples we sent them did not violate their terms. jack: will be watching the story closely, thank you alex. >> thanks jack frequent this is the part of the show were returned to my colleagues here for stock picks unfeeling crinkling and i went give us a stock pan for. >>

there any big wind-powered public plays out there >> there's a company like orsed, the major developer of offshore wind and tpi capital intensive. they've really been hit hard by higher rates also for offshore wind specifically, the supply chain is still developing. there are issues like there aren't enough vessels that can lay the cables, there aren't enough vessels to carry the turbines which are getting bigger every two years clean energy as a whole is still working out a lot of the supply chain issues on solar there's a shortage of transformers so that tends to make some projects backlogged. ultimately what analysts are now pointing to is this surge in data centers, all these tech companies, the metas, googles, amazons of the world, all have net zero commitments they are the ones that republican couraging the buildout of clean energy. >> something we've been focused on as well pippa, thank you >> quick programming note as we close out the hour we'll talk to the ceo of hilton here on monday live from the nyu hospitality conference talking consumer trends and whether the demand is as robust as it has been in

they understand whether it is tpi, other promotion of our products abroad, i wish that more of the american people could understand the service and what exists on our behalf and embassies around the world is very impressive. we want to keep them on task and to keep advocating for our products around the world. there are good examples of this and we don't want to forget about that. in fact, i was in japan a while back, a few years back that in hearing our service officer talk about u.s. beef and i am a little partial, but an expert on the ground in a country like japan where it is absolutely vital, these are things that take place that we should really celebrate and i think agriculture is very engaged on this to your question. but we can't take anything for granted. other countries, they would love to take the market share that we might take for granted from time to time. i have to think that our beef taste better than other type of beef from other countries, and fortunately i think consumers around the world share this view. but, if our products are so much more expensive, consumers whether

these are not the kinds of activities that i think any of us would think a president needs to engage inn der to fulfill his article two duties and in particular a case like this one. i want tpi up something the coursa earlier about a public official acting to achieve public ends. and a public official acting to achievate ends. applied to this case, the president has no functio wh respect to the certification of the winner of the presidential election. it seems likely that the fra designed the constitution that way because at the time of the founding presidents had no two term limit, they could run again and they were expected potentially to want to do that. the potential for self-interest would explaithe states conduct ections, they send electors to certify who won the elections and to provide votes, and then congress i extraordinary joint session certifies the vote. the president doesn't have an official role in that proceeding it is difficult for me to understand how there could be a serious constitutional question about saying you can't use to defeat that function, you can't obstructed through deception, you can't pre millions of voters of their right to have their vote c

tpi? since there is that definition and the vendors actual and are we ono where that?i think as a general rule you can assume that if it is income it is included in the total positive income. what we are trying t to do is ge a broad lien in an easy way to understand how to distinguish. with the people around the country to breathe easier knowing l that -- >> my time has run out but when you say general rule and assume, you know what happens when people end up going to court, so we are going to have to be more explicit. i will talk with you about that later. >> very good. next in order of appearance will be senator young. >> commissioner, welcome to the committee. thank you for being here today. when you came before the committee for your nomination hearing you noted in questions for the record that if confirmed it would be a priority of mine to ensure employees are where they need to be to carry out the mission most effectively. mr. commissioner, over a year later i continue to hear that my constituents are having trouble obtaining assistance from the internal revenue

dairy plant in the voronezh region, also a participant in the national labor productivity project, thought about key performance indicators or tpi thanks to the labor productivity national project. according to the ministry of agriculture, last year milk production in russia increased to 33.5 million tons, which is almost half a million higher than in 2022. this year , due to the launch of new farms, the figure may increase by another 360,000 tons. on cosmonautics day, the signal disappeared, the station does not respond to any commands, why are we drinking, i’m flying to boycon tomorrow, they can’t cope without me, you’re written off, star team, it’s dangerous, volodya, increase the speed, take it away, take it away, what happened, the glove was pierced. sveta, talk to me, i’m talking to you, the story of a real feat, they used up almost all the oxygen, no one will return home, a film that has reached unprecedented heights, have you heard, you need to open the hatch, the shuttle has docked, there is nothing, it seemed to you, let it go, fireworks 7. today on rtr, the guests are shouting in unison at the wedding, scene 15, you a

tpis. san francisco four-legged residents gather to be blessed. saint anthony's for theg of the animals event every year on october. 4th, christians around the world celebrate the feast of saint francis, the patron saint of animals, the blessing of animals and prayers for creation. now francis gathered in tenderloin district to bless the city. officials with animal care and control were also there giving away a bunch of free pet goodies on the beloved dog right >> well, a reminder to stay up to date on all your local news weather and sports by streaming in kron omicron for news on your first tv for free with the kron on app. it's also available for download on apple tv, roku, fire tv and samsung tv's. you can also stream kron for news on the go wherever you are with the kron. 4 mobile app where you can watch us online as well on our website at kron 4 dot com. >> it's 6.56. we're going to take a break here. but coming up in the next hour of the kron, 4 morning news. fleet week is back. we'll tell you what spectators can expect in a live report. plus, a transit in the east

jonathan: what is developing in france over the last month, and maybe i'm reading too much into it, tpitection instrument available to counter unwarranted and disorderly dynamics. what do you think that could be about? lizzy: christine lagarde is going to get asked about france in this press conference. it is her homeland. a lot of the questions about the disruption in the bond market from the french election is kind of a last week story, right? we saw in the bond auction this morning that there was good demand in france. it looks as if there is not going to be a huge ruckus for the ecb to deal with, but it's whatever christine lagarde says that will be interesting on how the ecb views its role when it comes to financial stability, to your point. dani: they are saying that the headline inflation will remain well above target into 2025. we heard the same thing last meeting with their update of their inflation projections. it was awkward, because they did that and cut. how much of what we are about to hear from madame lagarde is her trying to get out of that box, that corner they they put

pooja: if we do see the spreads going above 100 basis points it could be activated, but to give you background on tpids to abide by fiscal rules to use this tool. if marine le pen comes back to her plate of spending we saw in 2019, i do not think the ecb will be ready to support spreads. that is something even france knows that if it wants to benefit from the money it is getting in terms of grants for the cpi tool, what is required is abiding by the fiscal story. jonathan: something uniquely european about this bond market development. lisa: essentially that you have to be appropriate and if you are not appropriate you're not going to be on the receiving end of these programs. you have to be within our rules and otherwise you do not get the benefits. otherwise you wonder if things widen out enough. they are here to close spreads. jonathan: it is amazing how the liz truss scares teams to shape politicians not just in the u.k. but elsewhere. lisa: i wonder the degree to which it will. this is a faith being baked into markets we've been asking about. is there a market put on any of the fiscal proposals

the sum of all available income before deductions. and congress has not established a statutory definition for total positive income. so, let's have you clarify, what does tpi account for? does it allow charitable deduction? if you are gifted money, is it included in that? if you get an insurance settlement or an inheritance, is it included in that tpi? since that -- since there is that definition, and there is actual and taxable. where are we on this? mr. werfel: i think as a general rule you can assume that if it is income it is adding -- it is included in total positive income. what we are trying to do is give a bright line, an easy way to understand how to distinguish. we believe our commitments of only increasing audit scrutiny on those above $400,000 is a high enough amount where middle, low income people around the country can breathe easier knowing that they are likely never to -- sen. blackburn: my time has run out, but when you say general rule and assume, you know what happens when people end up going to court. so we are going to have to be more explicit. i will talk with you about it later. chair wyden: very good. next in order of appearance wou