steve barclay as _ a very necessary first step.etary, - a very necessary first step. steve barclay as health secretary, just| a very necessary first step. steve l barclay as health secretary, just to let you and the viewers know. just a quick question. should there be a general election? a lot of people up and down the country want one, the opposition want one, and they will say two leaders removed from the last leader who won a general election is not good enough. rishi himself made _ election is not good enough. rishi himself made the _ election is not good enough. i1 si himself made the point election is not good enough. i si himself made the point this election is not good enough. i 3“i himself made the point this morning he wants to fulfil the 2019 manifesto. we do not have a presidential system though we do not elected prime minister directly, we elected prime minister directly, we elect parties who come together, and if you can construct a majority in the house of commons, then you become prime minister. that is how parliame

and for that to happen, there _ barclays. and for that to happen, there is_ barclays., there is no process for that to happen, — there is no process for that to happen, and i think it would take a bizarre _ happen, and i think it would take a bizarre reversal of what normally happens — bizarre reversal of what normally happens. instead of graham brady going _ happens. instead of graham brady going to _ happens. instead of graham brady going to see her with a revolver, he would _ going to see her with a revolver, he would go _ going to see her with a revolver, he would go to— going to see her with a revolver, he would go to see her with an olive branch, _ would go to see her with an olive branch, and _ would go to see her with an olive branch, and i don't think it is something that people want. but at the moment i can tell you it is not even _ the moment i can tell you it is not even something borisjohnson is thinking — even something borisjohnson is thinking about. but even something boris johnson is thinking about.— even something boris johnson is thinkin: about. �* .

my first bank account was in an african branch of barclays bank. at the time i was serving on the board had been in africa for 100 years. in many ways i had to separate emotional personal me, someone born in africa, someone who is committed to africa's progress, ongoing progress in society and in the world, from the sort of job of being a fiduciary and a custodian of an organization to make sure it can survive and thrive over the long term. it was a hard decision. i wanted barclays to stay in africa but at the same time the regulatory environment -- the 2008 financial crisis and barclays was called gcfd, globally significant important company and on that basis the regulators had increased some of the capitalme requirements and that made it very, very challenging indeed to stay in the country that we are involved, invested in the manner that we were. so very tough but i can underscores this challenge of having to do the things that are perhaps antithetical to what you would like to see happen in the interest of making sure you're doing your fiduciar

you have barclays and deutsche bank going head-to-head.e is going to be looking at how their rates traders do. both are strong in that space. where you might see a difference is, deutsche bank has more exposure to fixed incomes and barclays. that has been a bit weaker. . curious if any of these european traders can out-wall street austria. guy: will banks be making the case for or against a windfall tax? how big an issue is that going to be? tom: it is what they are worried about. the amusing thing is they have no sense direction government is going to go. it has become an increasing concern. from what i have heard from a senior banker is, the thing we want more than anything is stability. if that comes with higher taxes, fine. what we do not want to see is business as normal cannot be taken place. sonali: if they say a lot of these results cannot be maintained, how much of a drag will that put on a sector that is already trading so far below book value? tom: i think the outlook is going to be crucial. i'm expecting the retail banks to hav

deutsche bank, santander and barclays reporting today.ow the bank's chief financial officer spoke to bloomberg in an exclusive interview. >> we are not seeing pressures yet. obviously this will very much depend on the slowdown we face in the next few quarters. the bank is prepared to withstand any asset quality deterioration we might see. we're not seeing any asset quality pressures at the moment in any of the markets that we operate. francine: joining us is michael moore. great to have you on the program. so much looking at what banks are benefiting. there is a fed pivot. i don't know what it means. there is a belief in the market that there is a fed pivot. i don't know what that means for some of the bankers in europe. >> the margin, it is just a question how fast it come was the march toward higher rates is happening and the banks are benefiting from that. you have this sweet spot where rates are going up pushing up the net interest income of these banks but as the santander c.f.o. was saying they are not seeing it on the asset quality

welcome barclays fx strategist s hinichiro joining us from tokyo. have to ask what you are hearing on the ground. did japan intervene in the currency or not? >> i think they did likely intervene if the market moves. reserve data indicating that. we have not had confirmation. we will get the information at the end of the month. i think intervention -- the concern is the dollar-yen as well. david: we had the boj meeting this week. i understand you think they won't do anything as far as policy settings are concerned. it takes me to the next question on the yen. how sustainable is the strategy to keep intervening? they have reserves. they have money to keep doing that. how long can they keep doing that? >> you are right, we do not expect the boj to change policy. they have previously said fx is not going to drive policy. they continue to focus on the wage growth in japan which remains weak. as investors seem to be expecting some moves up front from the boj, i think the post meeting reaction could be further yen weakness. given the first intervention in

deutsche bank, unicredit and barclays reporting. standard chartered pre-tax beats estimates but warns of credit woes. lackluster sales send shares lower along with meta, amazon and apple. rishi sunak keeps jeremy hunt as chancellor but is criticized for other pix. he may delay monday statements. a lot of earnings stories to get through this morning. let's get to deutsche bank. we have numbers coming through, they see upside for the full year guidance range. third-quarter quarter sales and training revenues 2.2 billion euros, ahead of the estimate of 1.9 billion, lifting their revenue outlook it seems as rising rates fuel trading. we have heard about the net income interest story from a number of banks. for sales and trading. 2.2 billion, investors an estimate of 1.9 billion, strength coming through at deutsche bank, saying it may exceed its full-year revenue target as rising interest rates fuel income from lending and traders take business from rivals. similar positives to the ones we have seen from other banking is is is this repor

boris johnson's former chief of staff steve barclay says he is backing rishi sunak who is best placeddeal with economic challenges. nadine dorries has unsurprisingly backed boris johnson nadine dorries has unsurprisingly backed borisjohnson saying that he is the one person that labour fear the most. george freeman, who helped run penny mordaunt�*s last campaign says that britain needs stability and unity and not a soap opera. earlier, my colleague martin cox all spoke to the conservative peer, lord marland and asked him who his preferred candidate was. i don't have one- _ preferred candidate was. i don't have one- i _ preferred candidate was. i don't have one. i prefer— preferred candidate was. i don't have one. i prefer boris - preferred candidate was. i don't have one. i prefer boris not - preferred candidate was. i don't have one. i prefer boris not to l have one. i prefer boris not to stand because i don't think the time is right, and i have suggested that him accordingly. there is still the inquiry going on which, he knows what the result is going to be? i don't think there is en

market is starting to tell you that was some moves we have seen in rates so beyond year end, at barclays, we are of a view we are likely to see an incremental and final 50 basis point hike in february, before reversing course into the tail end of next year. i think we will see the target range lifted to 5.5 -- 5.25. lisa: is that a new projection? meghan: it is. lisa: this is something that is gaining traction, 5% priced into the fed marking a c. what is your view in terms of shaking at the tenure in response to the comments we have been hearing. that sharing? robert: yields were at 1.8%, that is pretty attractive for medium-term but what really worries me a short-term i think both other guests have talk about -- talked about this, we seem to get sankar. we don't have forgot is for the fed, don't know which way they are going, and if you look at the price action we have had the last week, the fort -- 30 year bond is up for basis points and i'm not sure what the news is that got us there. it seems like we are having auctions that are not doing well, but really getting the longer end of th

traders at barclays beat estimates in the third quarter which offset steep declines.ding revenue with the british bank rose beating its wall street rivals. investment banking fell by the same percentage. heathrow airport is calling on businesses to embark on a massive hiring spree. for a chaotic travel season. at the same time heathrow ceo said it may not be till 2026 that it gets back to pre-pandemic passenger levels. inflation is hitting be a drinkers. heineken pointing to signs of weakness in consumer demand after sales missed estimates. it rose a less than expected 8.9% in the third quarter, a rising costs of heineken's margins and higher prices discourage some customers from drinking more. that your latest business flash. guy: thank you very much indeed. weighing on the german market but the dax is up by over 1% today. the retail front, ftse 100 is interesting. the banks are weighing there. interesting about standard charlton is in the asian session it was up, that move was completely reversed and european session. talks trading down around 5%. that's weighing on

in vatican city. memorial mass is now underway in rome. barclay was targeted and shot dead by israeli forces while on assignments in the occupied by spankin may french president emanuel. my call is holding talks with german chancellor, all our sholtes, the to leaders are hoping to resolve differences on policy. france and germany of crashed over europe's position on energy defense and the war and ukraine would rec, bruckner is a professor of political science at stanford university. he says there are a substantial differences between the allies. the one difference is we are not only clashing on different policies or what the right means are to address the different issues that are discussed on a european leveled on. of the upcoming decisions have constitutional strategic consequences for the future of the like what kind of your for you both the coming up. so that's the one thing. and the other thing, which is also concerning a lot of people in germany is that the communication style has drastically changed . mca was texting with my call practically on a daily basis and shows announces

ah, pope frances has blessed the family of murdered al jazeera veteran journalist sharina barclay in vatican city. a special memorial mass is being held in rome for the palestinian american shipping was targeted and shot dead by israeli forces while on assignment in the occupied westbank city of janine in may. stephanie decker joins us now from rome. so i know you've been talking with pretty much everyone around this staff. so how successful do sharon's family feel? their visit to italy is been in kind of highlighting sharon's. cause you mentioned there are they they had a moment with the pope he passed by. he blessed a picture of shitty and that tony her brother held out to him and then passing by her 2 nieces and her sister in law. i think the family, they perhaps would have had a little bit more time. but they did also meet with the secretary of state of the the scene, also another vatican diplomat. the message given to them, of course, one of the smallest one of support, particularly the secretary of state saying that hopefully this would, you know, highlight in a way the issues

did you buy a new he keep that i had give me a new at, i'm barclay. my had you from the the very lesson and you have a letter oh, when would it be then what is the social send me is this a oh a ah ah ah ah ah ah frank assessments if the united states that you're running a good program was there to build a nuclear weapon, they were to find a deal by informed opinions. i believe that armenia and other regina should have bilateral negotiations. we've been calling that for many times. critical debate is the commonwealth now still something that king chose. we'll take in depth analysis of the data, global headlights inside story on al jazeera, no stories of hope and inspiration, shook documentaries from around the world that celebrate curry and resilience in times of time with how to select on. and then there are some of the media stories a critical look at the global news media. a on al jazeera government shut off, access to social media. ah at least a 149. people are dead down. another 150 injured in a crowd crossed during halloween celebrations in south

knew he and but i am gonna but adidas did you buy a new he kid that i had given him a new at i'm barclay. my had you from the se available, ethan? had you prevail at our own? when would it be done? mainly into social sydney is a, [000:00:00;00] a every 3 days, a woman is kim, in the murder of women and unprecedented levels of domestic violence. have shocked to italy to the call. the violence is more violent, violent men are younger. why does it keep happening and what can be done to stop it? this is not deprived. i want my daughter and all the daughters to pay. that's not the country i want. witness. famous city for me is very simply a question of power on al jazeera. ah ah ah ah ah ah, jumping to the street when no topic is off the table, i don't think that anybody should be borne to privilege to dinner at the end of the day. we are the subjects of the royal family, plus one person's opinion, but what church amplify your voice. the judicial system in mexico is incredibly weak and it is not just corruption where a global audience becomes a global community. the scariest part of this mome

did you buy a new he a key that i had given him a new at i'm barclay. my had you from the very wasn't available at our own then move over then what is the social send me is this a i with every 3 days a woman is came in the murder of women and unprecedented levels of domestic violence have shopped easily to the call the violence is more violent, violent men are younger. why does it keep happening? and what can be done to stop it? this is not deprived. i want my daughter and all the daughters to pay, that's not the country. i want to witness them. a studio for me is very simply a question of power on al jazeera. a new documentary series discovers how centuries old indigenous knowledge is being used to deal with current problems of climate change was how modern economic ambition is so often at odds with many of the worlds indigenous communities and their traditional way of life consume, i'd consider them honor to share the dreams of our people with others, 1st nations frontline, coming soon on al jazeera stories of hope and inspiration. short documentary e

did you buy a new he a key that had given me a new at, i'm barclay. my had you from the very lesson. and you have a letter in which every 10 weeks into social send me is this a. 7 a who maker follows her mother's return to south saddam? after years in exile, we came home and into a vice presidential position. my mother stepping into the role that my father died and will not be history, repeating itself. she will more likely be remembered for what she does in this new position. an intimate portrayal of a family in challenging times. no simple way home people are. that's what i now want to mess on a jesse eda ah ah. ah. inmates learning from other inmate's acquiring knowledge that could set them free through legal education classes and mach tribunals that dedication has led to staggering results. you've been in prison for 15 years or wrist in that they was teaching empowerment kenya part of the rebel education series. on al jazeera, france once had a vast empire spanning several continents. but by the 1940s, the french were forced to confront reality an

did you buy a new he a key that i had given him a new at i'm barclay. my had you from an estimate of adding more than $25.00 a letter and when would it be done then went into central sydney. is this a. 7 a o maker follows her mother's return to south saddam. after years in exile, we came home and into a vice presidential position. my mother stepping into the row that my father died in will not be history, repeating itself. she will more likely be remembered for what she does in this new position. an intimate portrayal of a family in challenging times. no simple way home people are started on are watching us on a jesse eda ah ah ah. watching the world cup in 1987 glories technically from spain. i've never seen anything like these plays a lot of come from a different planet. and after that i was all in on the welcome. i think we're forcing from dow hall, which is now my home on the very 1st woke up is going to take place in the middle east. it's going to be a night. it is a hugely complex and often controversial events cover. but once a ball is kicked, th

did you buy a new he kid that i had given him a new at i'm barclay. i had you from the se available, ethan had you provide a letter oh, when would it be done and what didn't the social send me is this a. 7 a filmmaker follows her mother's return to south saddam. after years in exile, we came home and into a vice presidential position. my mother stepping into the road that my father died in will not be history, repeating itself. she will more likely be remembered for what she does in this new position. an intimate portrayal of a family in challenging times. no simple way home people a saw so donna watching us on a jesse eda, indonesia your investment destination, the world's 10th largest economy, is busy transforming, ready to be your business partner with a robust talent pool, politically and economically stable and strong policies being the powerhouse indonesia is confirmed by the g. 20 presidency, bringing opportunities for you, invest indonesia. now, the united states border patrol, a law enforcement agency with controversial tactics. i don't face

did you buy a new he a key that i had given him a new at i'm barclay. my had you from an estimate of adding more than my friend, you've got a letter and when will it be done then went into central. sidney is this a. 7 0, it doesn't, i every 3 days, the woman is kim, in the murder of women and unprecedented levels of domestic violence, have shocked easily to the call. the violence is more violent, violent men are younger. why does it keep happening? and what can be done to stop it. this is not the prize i want my daughter and all the daughters prepaid. that's not the country i want to witness. said miss cynthia, for me is very simply a question of power on al jazeera. his re liza going to the polls once again as the country gets ready for the 5th election and less than 4 years long lasting political deadlock is now threatening to bring netanyahu back in power. join us as we assess which part will the country take? israel election on al jazeera in these turbulent times, up front returns for new seasons, join me markham, on hill as we take on the big issue

penny mordaunt remains leader of the commons, steve barclay as health secretary and kemi badenoch remainsill hear more appointments this evening and into tomorrow at the lower ranks of we're still here in downing street, where the new prime minister rishi sunak has been assembling his new cabinet — with a number of appointments into the top jobs in government. jeremy hunt stays as the chancellor, james cleverly keeps his job as foreign secretary and suella braverman is back as home secretary. ben wallace stays as defence secretary, dominic raab returns as justice secretary and deputy prime minister — and grant shapps is the new business secretary. penny mordaunt, who dropped out of the contest — which allowed rishi sunak a clear path to number 10 — keeps her role as leader of the house of commons. she might have been hoping for more than that, perhaps foreign secretary, did not get it. simon hart has been appointed the chief whip, a key role kemi badenoch keeps her role as international trade secretary. gillian keegan the new education secretary, male stride the work and pensions secretar

christian keller, head of economic research at barclays.re on the markets and the economy. and richie sunak taking a huge step towards becoming prime minister after his former boss boris johnson pulls out. our coverage live from westminster continues. this is bloomberg. ♪ francine: welcome back to the open. let's get the latest with kristine aquino on the markets. >> we are still seeing green as far as the equity indexes go. the spanish ibex leading the gains. the standout laggard is the ftse 100. down 0.2%. we are paring some of the losses we saw earlier and that is a direct read across to commodity markets. look at brent crude extending the losses. trading at the $92 handle. i want to take a look at the sovereign bond column on the gmm screen on the u.k. bond rally. the five year guilt extending declines. the five year sector is a great linchpin of monetary policy expectations as well as expectations for inflation in the long-term. some of the key markets that we are watching for at the moment. the pound cable holding up its gains. up sli

joining us now, silvia ardagna, barclays chief economist.om the rate hike which is already priced in, is there anything christine lagarde needs to hone in terms of message? silvia: good morning and thank you for having me here again. yes, we expect the focus will be on the tltro's as was just said. in terms of conditions, it will be changed so the cost of borrowing will be aligned with the deposit rate for the remaining part of borrowing, in an attempt to incentivize banks. in terms of communications, we think markets are also interested how the size of the future rate hike. we expect the ecb to high-five 50 basis points at the december meeting. it would be welcome although we don't expect at the present we will be committing to any kind of rate hike, nor any sort of clear indication of the neutral terminal rate. then there is qt as the last potential focus of the markets. and again, we can't expect much at this meeting. francine: will she give a timeline on when qt could start and how will the market interpret that? silvia: in terms of our

the ceo of barclays says the banking operation is critical to its success.y spoke to bloomberg in his first television interview since taking the top job a year ago. >> they investment bank has kept barclays flourishing and quite apart from many of our competitors. we performed extremely well during covid and are able to have a more diversified business model. >> last week, credit suisse confirmed it looking to downsize after multiple losses. in china, an exodus of workers has threatened to disrupt the world's largest iphone plant operated by foxconn. the workers will try to escape covid measures that have left them with inadequate living conditions. foxconn has raise pay by as much as 36% and hopes to keep production going ahead of the holidays. elon musk repairing for a round of job cuts at twitter. bloomberg has learned that the company's new owner has a list of team members that could be let go. reports are that he lands to get rid of twitter's -- 75% of twitter's 7500 employees. alix: coming up, and u.s. cargo grows. help labor talks with west coast doc

the ceo barclays gives bloomberg his first interview. about the city of london, we talk about the challenges, the strategy, and we talk about inflation. coming up later, no christmas cheer. amazon and apple warned of a slowdown. we discuss elon musk's twitter takeover, as well. this is bloomberg. ♪ >> the fiscal measures for the fiscal signs i think are very good. the budget deficit is under control. the primary budget deficit will be in surplus in the next year or two. it will top off around 71% and start declining again. the challenges are not much clarity on what will happen with the financing. authorities spoke of two thirds of the debt taken over by government. not entirely clear. it is not clear over what period. that creates uncertainty in the forecast. lastly, the challenges with the social grant. what happens after 2024? there are those forecasting risks. in summary, i would say great fiscal rep to. >> let's talk in a little more detail. water and power. let's talk about the power side. the government may be looking to take on t

alix: barclays sees international spending increase at least 20% here. do you have a sense?er: we are seeing a significant rotation into international. we said international would be outpacing the north american growth. we believe we are just witnessing this. we believe the trend will continue, but clearly international investment is back. alix: if you were to pick a year that would be the best for free cash flow, would be next year, 2024, do you have an idea? olivier: we do not comment on this. we are looking at cash flow through the cycle. what matters is to remain the cash innovation through the cycle and maintain our ability to expand margins using efficiency and to generate the cash. alix: is there the potential for asset sales? olivier: there is. i think there has been some move to this. we sold some of our rigs in the middle east and we believe we will stick with this and get to a project in the future. we have been considering divesting our assets in canada. we have not found market conditions were supportive of the purveyor value. at the same time we are seeing oppo

we get deutsche bank, we get standard chartered, and we get barclays. scarlet: here in the u.s.so going to keep an eye on tech names including meta-. twitter also reporting. ford and boeing on the earnings docket. and also we get new home sales. in addition there is going to be a rate decision in north america. not the fed, the bank of canada coming up tomorrow as well. i know you are excited about that. guy: always. canada, very exciting. scarlet: coming up next, the council on foreign relations president will be joining david westin on "balance of power." guy? guy: i'm going off to the cable. we are going to be talking about u.k. politics. it's going to be a great show. this is bloomberg. ♪ >> from the world of politics. >> our country is facing a profound economic crisis. >> to the world of business. >> economic conditions are going to tighten. >> this is balance of power with david westin. david: from bloomberg world headquarters in new york to our television and radio audiences worldwide, welcome to balance of power. we begin in washington where a letter from certain progre

steve barclay. _ we have coming here? is that steve barclay? steve barclay.one other thing, dominic, as we update viewers with the latest developments and that is nadhim zahawi has been appointed minister without portfolio. now, that doesn't sound very exciting but actually thatis sound very exciting but actually that is probably party chairman which means he will have the job of chivvying up the party members after jake perry's short period as party chairman. and it least it is an improvement i suppose being cabinet office minister which it was one of those argument, dharma jobs you either had lots to do virtually nothing to do depending on how the premise used it but the portfolio of the party chairman is going to be a very importantjob in the run—up to the election. yes, very important job rallying the party, rallying the troops. interesting one, too, because nadhim zahawi has, you know, been on many different sides in the past few days. but he can read an opinion poll because he helped to apply new cover long time ago so he will be quite valuable in worki

the ceo of barclays is when you're into his job as head of the bank.d his first tv interview since taking the helm. he spoke to francine lacqua in an exclusive interview. >> i think the u.k. economy has had a lot of support during covid, and obviously the u.k. has been growing more slowly than it should close of the financial services industry is very competitive. it is not the only one fulsome health sciences can even technology, fintech, are very bright stars in the u.k.. the u.k. has a lot going for it. i don't think you will see that kind of environment. what i am hoping you see is what people will call a soft landing and shallow recession, helped by the initial conditions. what you might see is an increase in unemployment. you might see some credit weakness among customers. it won't be so bad that easy distress in society. however, it has to be managed carefully and it has to be managed aggressively with the balancing of the budget, and that is what the prime minister has said in the last couple of days. francine: are you respecting housing crash?

steven barclays. yes. because among the biggest hits of this year, now, one of them was cash move files, which was a telling of a retailing of the military. the story of the militancy at our, of fergus, me from a hindu right wing sort of her perspective. and it was quite a success at the box office. but apart from that, just after that, another movie on a barrier drama on a, on a, on a, on an emperor believe to be a sort of a, a, a hindu favorite that will be tagged at the box office. so a wildcard ssl attitude could be changing and these movies are being made and they're being popularized by the party in power at the center. but then not all of these movies that have been doing well in the box of stephen. we're also hearing that there are other indian films from other regions that are being dubbed into handy. they're actually doing quite well. is there any explanation there will yes to you in that is mostly optimal and daily. who films now? who has dubbed versions have been doing really well. ah, in the h

bank of america for 21%, barclays 1%, bnp paribas 5% -- coming up the bottom of the list is society general at 2%. the amount ranges from the hundreds of millions of dollars to $3.5 billion from morgan stanley. the two both .5 billion is split between secured and unsecured bonds and you have the revolving credit line as well as a chunk being a loan. musk has been calling income according to bloomberg reporting, equity or potential equity financing partners. for me, that remains the biggest question. who else has he brought in sides the $7.1 billion of equity commitments? has he had to get more partners? that report verified by bloomberg musk would lay off 75% of twitter's workforce. the headline was the layoffs, but it was the action of trying to bring more equity partners on board that was communicated, so there might be surprises there. kriti: certainly something we are going to keep our eye on. as we are speaking, or shares trading at $52 86 cents. we will keep you apprised of all the share moves. this is bloomberg. ♪ kriti: this is bloomberg markets. we just got some headlines that elon

barclay not at a bottom. too soon to call the all-clear even those calling for a big bounce, suggests it's still too site to cite the all-clear for obvious reasons. >> in this scenario i agree with something steve said too missing the bottom is more important than calling the bottom you continue to want to find it you're going to fail unless you're really lucky. missing it and not participating in it all wait down and then starting off a smaller base is much more important than trying to find it, call it, get in at that moment. when down already 22, 23%, gotten down 25% from peak to trough this year it's okay to be buying things. i'd much rather buy at 22%, 23% down and maybe go another 10% before you wait for it to come back but not able to time it perfectly. looking at just a long-term investors. even if you have a two-year time horizon, i argue things will be better in two years than today things you're dying to get into and look more affordable now than six months ago, a year ago, wade in. just know that

institution, reuters reports , several large banks are involved in the case, including gp morgan barclays bank of america morgan stanley versions of the investigation until 2012, they redeemed the company's shares before paying dividends and soon sold them, and then issued a capital income tax refund several times, which in fact was paid only once. cryptocurrency mining in europe may be stopped due to an energy emergency, the european commission reported that the extraction of virtual currencies began to require unprecedented computing power and electricity over the past 5 years, energy consumption by miners has increased 10 times , the commission also drew attention to the tax benefits that cryptominers receive . at some states. eu euro-deputies called for their abolition. at least during the crisis. this was the news of the economy in short. and now, more urgent news, the security council of the russian federation discussed new threats to russia's security in the context of the aggravation of the global migration crisis, secretary of the security council nikolai patrushev announced this

. >> brenda, barclay's cut disney today the price target 105 to 120. >> this is stock down more thanlast year, so it's certainly down-and-out, but similar to josh's comments about netflix and the ad supported version, we think the ad supported version of kidney is going to bereally attractive to advertisers. it's definitely a different venue they can target a specific audience that isn't as easy to target right now, so we think that will likely be well received and if we look at disney more broadly it continues to be a great story of being able to touch their customer and develop a relationship with the customer in so many different ways we think this is powerful we think of it as an interesting place to get involved if you aren't already >> i'm looking alt paramount today but because barclay's cut the price target from 15 to 20 b of a cut it from 19 to 28. and, what, this thing six months is down 50%. 50%. farmer jim >> that might be better than netflix, but who cares it sucks and i think the surprising thing about this is that i didn't know there was somebody left to downgrade para

>> it certainly does and you can bet that all these banks, morgan stanley, bank of america, barclays, all these will want some payment from him in the future. they're going to come to him over and over, whether it is tesla raising cash, whether it is spacex going public eventually, they're going to want to be at the front of the line for whatever elon musk does going forward. i have no doubt they probably will the question is, will they make back what they lost in this deal >> robert, thanks for that we have more on the musk story in a moment. >>> we are getting breaking news, though, this morning, coming out of opec in the meantime, fairly strongly worded statement from the white house. our kayla tausche has that >> reporter: hey, carl the biden administration combed through the te details of the o communique releasing a statement suggesting it is not pleased. a joint statement from the national security adviser, jake sullivan, and nec director had very strong words for opec and marching orders for the administration going forward in part, the statement said the president is disappoi

to the downside, barclays with a bearish view. that stock off in the neighborhood of 7%.carlet: we will talk more about earnings and what it means for specific equities. as we look toward wednesday's fed decision, it really had us wondering if fed chairman jay powell or a track and field athlete, what event what he compete in? according to a survey, he would be running a very long race. >> is jay powell running in what would be a very long race? it will probably take a federal reserve journey that tracks on and on. that is the rate from a group of professional and retail investors polled by bloomberg. most said he is competing in a marathon, in part because of the delay between the fed's action of raising costs and the reaction in the economy of prices coming down. former treasury secretary larry summers agrees. he said it doesn't tend to fade quickly. meanwhile, almost one third compared jay powell to a pull vaulter, over concern about how he will go in raising interest rates. whatever his event, endurance will be a big theme, as they need to decide on the next step. the

i did this for you. heard me, barclay up either. those for you heard me, but i shall to william ross volume. deborah, i knew he outdoors or mr. newman, you video or new mortgage crowds look sad. sure. ah, let us go to was fiction. come on state to list me and my children cut, osha, the federal good fee company. the flash cluster would have to show up because the big deal. yeah, we're pretty much them. you will see ya, chin i want you might in the what it, what your, what your vote here pretty much that the years i've never been decide. but if you missed that one, which in there plenty of archive it most thought the move. so could assure you that the coin which in the front room i meant that they have that now below a petition. i know you had the one support you me human dish though. the film with what a show you when you boy with releasing that was yet a dish of him. ah a new deal law exposure to your real honest and then you are talking about like if you need to project with school, a little money isn't done. love your schooling wi

so you heard me, barclay up either of those for you heard me, but i shall to william ross volume. deborah, i knew he outdoors or mr. ne video, a new mortgage crowds look sad. sure. ah, let us go to what fiction come mostly felicity. me and my children cut, osha, the federal good fee company, the flash plus the official prom. because the way the on here, we're pretty much the new to put slower 3 damage. now what you might in your, what your 4th here pretty much that the yes i remember for this i spent property, you missed that one which and let me know or guy of it most thought the move. so her sure. even to the coin which in the front room i meant that they have that now below a petition. i know you're the one support you. me and then dish the dish with russia you. when you boy with releasing that was your traditional m ah ah, the united states is, are certainly fighting a battle for, for i started last dance. it's certainly a battle to preserve richer government. and i states has just a release of gotten themselves married to the notion of being the world head your mind. and they

. >>> up next, former barclay ceo bob diamond on what the federal reserve, should they be paying moreattention to the squeeze. we'll be right back. (woman vo) sailing a great river past extraordinary landscapes into the heart of iconic cities is a journey for the curious traveler, one that many have yet to discover. exploring with viking brings you closer to the world, to the history, the culture, the flavors, a serene river voyage on an elegant viking longship. learn more at viking.com >>> we are watching twitter stocks still hasn't reopened. halted for news pending. it has been that way for several hours now. we got the news just 15 minutes or so, that was the filing from twitter. the 13-d that did acknowledge elon musk's revived bid to buy this company for his original price tag of $54.20. looking like they'll avoid any of the legislation and the fight that musk was having in a d delaware court to reverse the deal we got the news. we'll see if the stock opens 30 minutes left in trade look at the financials, making quite a comeback this week as concerns over the health of credit sui

ringback ringback course she knew spencer with barclay's me that was a, which was almost a couple large from when you do, i don't but hold a medical with national jumping a campus that the comp there from wanted a voice or new domain with no one. no, no, not a little more real than what they should end up a unit. 731 was a unique organization in the history of the world. what they were trying to do was to simply do nothing short, then build the most powerful and most deadly biological weapons program that the world had ever known. drill and you know, took production with it said you sure. sure. did that they're not eligible. don't you? suddenly russia he unmoved monica. she no longer thought this is meant new at the moment i found there and i got on my sale. i got your name. i got on monday. i wish to know about joy. oh, new i know you didn't or guzzle more or less than a cheerio let's. i had to put the we'll discuss their mother and all everybody build garage door cows ash. oh boy, that's good to go or. oh, what the on this the wow, she my indiana. i'm all i can send more on all segmen

ringback because she's been here with barclay's me that with forced um nasa laquita which was obviously you still my job was in a couple that lead from when you do, i don't. but what a medical with national anthem, a campus that the copier from wanted a voice or new to me with a raw, oh, just don't hold the world. yes. to see out these days because the advocate and engagement equals betrayal. when so many find themselves worlds apart, we choose to look for common ground. for this what does a pretty jayla, you know, there was a shania mother machine to just hear thumping. so switching to 2 nights with you did the mock william quite a few to her. he is a good talk with the boards. i was just lead me go to which course you're proceeding lawyer what it is behind you when you buy. yep. yeah, article done, completed by the order that did it go straight your way or what vehicle for the i just you know i've called the one nurse, i've noticed that her modern you said you sure. you know what your, what does your daughter for the mom a month washing machine turn go nash the or stay on top of what

some with my son will shoot of city use barclays sure. issuing an issue with the russian army and the lp, our dpr malicious, have completely liberated new guns people's republic and have some region as well as significant portions of how co zappa rogia and the de next regions from neo nazis don't ship them to the tutor. city, new york piece, give me sylvester for cost 3 of them for doug smith. if anyone considered to do this strategically important to me, any island in the desa region was captured, to boast, control of the black sea. no ships will be able to pass the island on the sea road remains under the full control of russian forces. in june, as a gesture of good will rush upon its troops from the island, demonstrating it won't hinder you and efforts to organize a humanitarian car door to exploit agricultural products from ukraine. however, despite the russian troop withdrawal to maney remains under the control of the russian navy and air force was it what he was doing? i was asking whether national venue more restricted phoenix in his image showed us or not to me as was can want

well, after a few weeks out, dominic raab, steve barclay and michael gove are back in the jobs they heldnd others bring some continuity. and afterfive tory governments in six years, both the prime minister and civil servants may be hoping that continues. and even if the prime minister gets his mps on side, there's the public, too. according to one poll, 62% want a general election now. 0pposition parties agree. why doesn't he put it to the test? let working people have their say and call a general election. there should be - a general election now. the idea he can go two years before seeking or winning a democratic mandate, i think, is just unthinkable. and so, rishi sunak has to make his case to the party and the country. there is no better time to set tone and direction than a prime minister's first week. i asked samia shah to help me assess how rishi sunak has gone about this. she is a conservative strategist and a former adviser to sajid javid. i saw several people of colour on twitter saying, why is it he has to say i owe this country so much? i think there is always the sense that

my son will shoot of city use barclays sure, issuing english in on the russian army. and the lp, our dpr malicious, have completely liberated who guns people's republic and hassle region, as well as significant portions of how co zappa rogia and the de next regions from neo nazis don't ship them to the tutor, senior group communities. can you suggest to procrastinate? them put it under with anyone considered to do this strategically important to me. any island in the desa region was captured, to boast, control of the black sea. no ships will be able to pass the island on. the sea road remains under the full control of russian forces, in june as a gesture of goodwill, flash up all of its troops from the island, demonstrating it won't hinder you and efforts to organize a humanitarian car door to exploit agricultural products from ukraine. however, despite the russian troop withdrawal to maney remains under the control of the russian navy and air force was it what he was doing? i was asking what national junior ward district that finished and his immature into so to me a

well, after a few weeks out, dominic raab, steve barclay and michael gove are back in the jobs they heldand others bring some continuity. and afterfive tory governments in six years, both the prime minister and civil servants may be hoping that continues. the cabinet connects to the single service but also connects to the party, a party he needs to keep happy. why doesn't he put the test that working people have the same quality general election. this should be a general election l.— this should be a general election l. . .. , election l. the idea can put two years — election l. the idea can put two years before _ election l. the idea can put two years before seeking i election l. the idea can put i two years before seeking and winning — two years before seeking and winning a _ two years before seeking and winning a democratic- two years before seeking and i winning a democratic mandate two years before seeking and . winning a democratic mandate i think— winning a democratic mandate i think is— winning a democratic mandate i think is unthinkable. _ winning a democratic mandate i think is

speaks for itself. pope francis has blessed the family of murdered al jazeera journalist. surely not. barclay, in vatican city, a special memorial mass is also been held in rome. the palestinian american shipping was targeted and shot dead by israeli forces. while on the silence in the occupied westbank city of janine in may 70 deca has more from the vatican city. the pur passed by the family. the family that is here is tony for brother, his 2 daughters and his wife for the pope, passed by. tony also held out a picture of shitty and that he blasted and move past the family. they also met with cards and paddling and who with the essentially the secretary of state of the holy c. also cardinal somebody who was a vatican diplomat. i'm so of course, significant symbolic, surely, hugely, for you know, a catholic family is considering what happened to me, but i was talking to leno, one of the shootings. nita's, the family's been very tireless when it comes to pushing for justice, talking to various governments. also, the international criminal court knows, of course, here at the vatican, interest sa

this is the barclays bank. these roofs they're just barely sticking up. and that's the cinema. - oh, boy. - the screen was where the wall is sticking up there, and all the seats that angled down towards the screen were there. this is angelo's. they now have another place out in the north, but it was a big grocery store. and then up top were places, apartments and stuff where you could stay. - how many floors deep here, do we have? - this is only maybe 8 or 9 feet deep here. - eight or nine. - the street's about 8 feet below us. - o.k. how long has it been like that for? - oh gosh. it's been ongoing. every time we get big rains, hurricane seasons, stuff like that, you get another 2, 3, 4 or 8 inches of mud that will work its way over here. - plymouth was evacuated though in 1995, way back in 1995? - they evacuated once in late 1995, and then 1996 and again in 1997. each time, they went back thinking that it might be o.k, and then it wasn't. then finally, i think it was april 3rd of 1997, they went out and never went back. but each time, you'd think it was

in fact, last night he declared victory and he's private, barclays, bakovich conceded defeat. now this was seen as a bit of an upset because this is the 1st time at no national park. your individual hasn't won the seat of the presidency. it shows for many people here that voters are choosing liberal, liberal and reformist candidates now, which are, which was backed by an alliance of opposition parties, not for the surf seat. they had not no real surprises. there is a separatist leaders are elected from republic services that separate entity within this country are 2 entities. that is joe luciana, which so, but the all eyes were on the cracked seat. now, so far it shows that jellico a crystal is in the leads is in the lead. now he is loved both by a joke or comes that he's, he's like both by crowds and was in muslims. here is someone that refuses to play by boston. boston is ethnic device, in fact, he fought on the bosnian muslim side in sarajevo during the war. now all eyes were on that track seats because the fear was that if 2 separatist were elected, once up one tried. that