anna han will join. stay with us. futures at -14.his is bloomberg. ♪ leigh-ann: president joe biden is warning unvaccinated americans that they face what because a winter of severe illness and death. the president urged initial doses and booster vaccines in the midst of the surge of coronavirus cases. he did say the spread of the omicron variant has been slow before now. more evidence of the omicron variant's ability to evade vaccines. vaccines were found to produce fewer antibodies against omicron. emerging research is prompting governments to speed up booster vaccination campaigns. bloomberg has learned the u.s. is pushing the eu to finalize a package of sanctions against russian banks and energy companies. they would be imposed if the kremlin attacks ukraine. the u.s. believes agreeing on sanctions would send a firm signal to the russian president vladimir putin. in the u.k., it was a stunning political defeat for prime minister boris johnson. his ruling conservative party lost a key parliament tree election to the democrats -- ke

we've got the cap from anna han and -- of goldman sachs. lisa: caroline, you have been pointing to the omicron variant and how much it has changed the narrative in europe. it has not changed the narrative among economists. it not change the narrative for central bankers, who are largely shrugging this off. i do wonder how much they are saying that perhaps people are underplaying the risk. caroline: david riley making that exact point. the man was saying this is going to take a bite out of the economic growth longer-term. this is going to affect europe first and foremost. but it is down to the restrictions taken. you saw the pmi data out of germany earlier this week. the fact that it rollover into negative territory when you are looking into terms of contraction for german services. we look at retail sales, backward-looking. full throttle today in the united kingdom are good but what of december? what if the fact that every bar is empty, the restaurants are not full, and the retail industry is going to hurt? lisa: right now you are certainly