, borrowing, last year, barclays did the financing and respected i, so for us, with barclays come aroundancing, the debt capability, plus our m&a advisory business, we think we can -- answer the equities business, which is right up there at the top of the charts as well, we think we can actually respond to the requirements of our clients. they are all very varied and different. kathleen: i just want to jump in here, because it is very impressive. you must feel great about getting up to a strong start, it's not easy to jump in and to what you've done. you are forecasting a short and shallow recession. so you are going into a slowing financial cycle. m&a is coming off of oil, trading operations are not fully online. how are you going to handle that? was the biggest challenge now -- what's the biggest challenge now? >> i think the most important thing is that we have built the business on the basis of starting from dollar zero and on the basis of, we will move into challenging conditions. for us, the most important thing now is actually taking our business offshore. for instance, internatio

harry flew his flag in the lions. 20 guns made it right. 19 guns was barclay's flagship. harry close the distance he was exposed to fire which he could return only with his forward guns alliance grant or support. the three heaviest british ships poured in fire the american closed but niagara behind the lines was crippled the deck, a shambles. every useless most of our crew killed or wounded. meanwhile, the wind strengthened fresh american units came up. perry shifted his flag to the niagara and his new flagship. harry returned to action and broke through the enemy line with his starboard guns. he, detroit, queen, charlotte and hunter. what he fired broadsides into other british vessels a smaller vessels closed in on a disorganized enemy. but a british flagship, detroit surrendered at the battle of lake erie was one harry wrote to general harrison. we have met the enemy and they are our this victory severed british communications in ohio buried their withdrawal overland was intercepted at the thames river by american troops brought across the lake by perry. a battle here i

now the issue is that the case of sheila a barclay is unique. on one hand, it's unique because it was documented on the spot. and we know, had the old folk contrasted the armies a narrative about the location of the a killing already from the 1st hour after the killing. there were witnesses from the event itself of other edges. eda, a journalist that were also injured together with a barclay, indeed for the evidence. the documentations and the videos make it a unique case. look, unfortunately though, a protection of philistine young journalists have not been a provided at all. and we see dad's life, but a see me and civilians. there are also being, i've talked in cold blood by the israeli army. well, pounds being punished. there is no accountability. there hasn't been justice for many of these palestinian journalists who've been killed. as you saw lena, not salsa, in the case of sharing, i blankly her family and i'll jazeera calling on international criminal court to investigate sharina scaling. do you think that can guarantee accountability? we

that is short-term in the medium term, we think defensively at barclays. we are in an inflation environment and rates environment and that bites into growth we have seen little signs of that thus far. going forward, that could be a n issue going forward. >> will it be a crack in the labor market >> it could be we are thinking about the comp components we have seen weakness on the good side. almost consistently now. we are starting to see that play through on the services side shelter is the one lacking it is a question of time at the moment, we are looking at lag data does it reflect the rates environment and the rate increases that we have seen of late perhaps not. >> anita, thank you. anita tanna, head of equity sales here at barclays joumanna, back to you. >> thank you, geoff. pass my regards to anita i know her from a previous life. >>> on a programming note. a special show for the autumn budget that will be presented by myself and arabile and geoff watch for that one as well. >>> taking a look at european markets. yesterday, the wall street was negati

the uk health secretary steve barclay has defended the decision to delay reforms to social care.cision" , but that there was an "immediate issue in hospitals" with discharging people that needed to be addressed. i'm joined now by our political correspondent charlotte rose. charlotte, the ongoing fallout from the decisions that were announced this week by the government financially, there was money for social care in the health service but this issue of reform, tell us more about what's being said today. that's right, we have to put this into broad context because governments and leaders for the past decade have been telling us that changes, structural reforms, are needed to the social care system. they point to the fact that it's unfair someone who has a medical condition gets free treatment on the nhs, but for those who require social care, they may have to sell their home in order to try and pay for those costs. the reforms that had been proposed by borisjohnson would have set a cap so that no individual would have to pay more than £86,000 within their lifetime for social care.

it is different if you are a barclays or jp morgan. nigel: we can't mention specific stocks, but we are going for the higher-quality end of the banking sector. those that can provide share buybacks and strong given the -- strong dividends. interest rates will remain higher for longer, those banks will benefit in that environment. tom: you're not overly concerned about recession risk when it comes to the banking sector. health care has been a big pick, it has been almost consensus amongst guests we get on the show. in terms of the opportunity to get into health care, how wide is that window open at this point? is that opportunity starting to slip? nigel: with health care, it's a longer term duration type of play. you are looking for copies that have products and services focused towards aging demographics across the world. there are opportunities that i wouldn't go bonker portfolios, but we still see that sector having positive opportunities, just as we do in the industrial sector. we have quite a broad spread of different sectors in th

the uk health secretary steve barclay has defended the decision to delay reforms to social care.cision" , but that there was an "immediate issue in hospitals" with discharging people that needed to be addressed. earlier i spoke to our political correspondent, charlotte rose, about the health secretary's plans. governments and leaders for the past decade have been telling us changes, structural reforms are needed to the social care system. they pointed to the fact that it is unfair that someone who has a medical condition get free treatment on the nhs but for those who require social care, they may have to end up selling their home in order to try to pay for those costs. the reforms that had been proposed by borisjohnson would set a cap, so no individual would set a cap, so no individual would have to pay more than £86,000 within their lifetime. shall care. there were a number of other reforms which mean a number of other people would have been able to get help with the care packages they needed. that was all going to be paid for via a levy, it was called the health and social car

my dad first came to britain, he for barclays bank| britain, he for barclays bank in kenya and when hetely laughed their heads off when he went in and said do you honestly think we're ever going to have someone that looks you with a beard and a turban work in our bank? and they literally threw him out of the bank and then he ended up cutting his hair and became a postman.- ended up cutting his hair and became a postman. when i was a teenaier became a postman. when i was a teenager in _ became a postman. when i was a teenager in nairobi, _ became a postman. when i was a teenager in nairobi, i _ became a postman. when i was a teenager in nairobi, i was - became a postman. when i was a teenager in nairobi, i was the i teenager in nairobi, i was the best_ teenager in nairobi, i was the best fast— teenager in nairobi, i was the best fast bowler in our school. and i— best fast bowler in our school. and i took_ best fast bowler in our school. and i took that story and made it about the east african cricket club in the movie. when i came cricket club in the movie. when i came to _ cricket club

the 60s with a turban and a beard, he had said, you know, "i'm going to go to barclays", and he wentd they absolutely laughed their heads off when he went in and said, "do you honestly think we're ever going to have someone "who looks like you, with a beard and a turban, "work in our bank?" and they literally threw him out of the bank, and then he ended up cutting his hair and became a postman. when i was a teenager in nairobi, i was the best fast bowler in our school. and i took that story and made it about the east african cricket club in the movie. when i came to this country, nothing. i was not allowed to play in any of the teams, and these clubhouses made fun of my turban and sent me off packing. but that is the true story of what happened with my dad. and therefore at the very end, when finally she says i have got this opportunity, i want to go, and the dad makes his big speech. who suffered? me. you know, "i cannot hold you back. "that was my time, i suffered because i lived in fear." i don't want her to make the same mistakes that her father made, of accepting life and accept

steve barclay needs— ready to go on strike. steve barclay needs to _ ready to go on strike.t. absolutely _ looking for? absolutely not. absolutely not. _ looking for? absolutely not. absolutely not. this - looking for? absolutely not. absolutely not. this is - looking for? absolutely not. absolutely not. this is a - looking for? absolutely not. i absolutely not. this is a great chance — absolutely not. this is a great chance what _ absolutely not. this is a great chance. what we _ absolutely not. this is a great chance. what we are - absolutely not. this is a great chance. what we are saying i absolutely not. this is a great| chance. what we are saying to absolutely not. this is a great- chance. what we are saying to steve barclay _ chance. what we are saying to steve barclay is _ chance. what we are saying to steve barclay is we — chance. what we are saying to steve barclay is we need _ chance. what we are saying to steve barclay is we need to _ chance. what we are saying to steve barclay is we need to have _ chance. what we are saying to steve barclay is we need to have fo

the steve barclay is insisting the government has accepted the recommendation, and a lot of work goesommendations, which is to give overi million nhs workers a pay rise of— overi million nhs workers a pay rise of at— overi million nhs workers a pay rise of at least £1400 this year on top of— rise of at least £1400 this year on top of the — rise of at least £1400 this year on top of the tree percent pay rise last year — top of the tree percent pay rise last year i_ top of the tree percent pay rise last year. i can actually sympathise with nurses' — last year. i can actually sympathise with nurses' decision to strike, but nonetheless, 17% is significant at a time when — nonetheless, 17% is significant at a time when we have a cost of living crisis _ time when we have a cost of living crisis the — time when we have a cost of living crisis. the government is being sgueezed — crisis. the government is being squeezed enormously with the chancellor and the prime minister going _ chancellor and the prime minister going into — chancellor and the prime minister going into the physical statement

let's bring in the head of european equity strategy at barclays to digest the politics.what is most important for you at this point? is it the midterms when you assess equity reaction? or is that the cpi print and the focus on inflation? >> there are a lot of things in play. what has been the dominant driver in the last couple of weeks is the gridlock expect tatian. in particular if there is gridlock. positioning was very bearish. we see a bit of shock. china reopening has been part of this bullish story, as well. the big picture has not changed much. we need to find out from the fed, from the central banks what threshold we have to hit in order for them to give control. tom: to bring you back to the here and now, the midterm elections, if we do get a result with the senate is held by the democrats, the house goes to the republicans, is that positive for equities? does it have further legs? emmanuel: this is the glass being held -- half-full. reread wave -- a red wave. tom: larry summers has flagged the risk of the debt ceiling if the republicans gained the house and the

the justification that steve barclay gave was partly because he gave the funding...but also in the nhs, things like the ambulance service being hit by some of that. i think they hope this will tack you sent —— tackle some of the other issues. tack you sent -- tackle some of the other issues-— other issues. whether he thought it was functioning _ other issues. whether he thought it was functioning properly. _ other issues. whether he thought it was functioning properly. not - was functioning properly. not hittin: was functioning properly. not hitting certain _ was functioning properly. iirrt hitting certain targets where the result purely of the covid pandemic. they potentially conceded that they were before the pandemic as well. is that meaning that certain lives are being lost unnecessarily? there was a material at risk of that. i think this is an issue that's going to be a big one going forward. thank ou ve to be a big one going forward. thank you very much- _ the housing secretary, michael gove, has written to every council and social housing provider in england t

we heard that from health steve barclay health secretary steve barclay and conservative and the conservativen writing davis, who is led on writing that signed by around 50 that letter signed by around 50 employees. this employees. gb news this political reporter, olivia utley, in westminster for us utley, is in westminster for us right ? yes. olivia, thank you right? yes. olivia, thank you very, very much . disquiet among very, very much. disquiet among the conservative party backbenchers. i think a lot of people are saying, well, it's about time they stood up for ordinary members of the public who've been rather miffed about this quite a while . yes. and who've been rather miffed about tithink quite a while . yes. and who've been rather miffed about tithink constituents e . yes. and who've been rather miffed about tithink constituents mp(es. and who've been rather miffed about tithink constituents mp havingi i think constituents mp having gone back to speak their constituents over the weekend see that there is a growing problem with hotels in certain areas being overrun by migrants, meaning

barclay's cut around 200 banking and trading positions.and morgan stanley are also expected to have end-of-year cuts. >>> thanksgiving travelers will have a reprove from worries about a rail line shutdown that would be devastating. a strike scheduled originally to begin in no deal was made between the union and the industry has been pushed back to december 5th. the holdup has been over the demands for paid sick time and quality of life concerns such as regularly scheduled weekends. >>> and adidas will continue to sell yeezy products just without kanye west. adidas says the products will have new branding after cutting ties with ye following his anti-semitic remarks. the chief financial officer has made clear the company believes it owns the design rights. >>> that's your cbs "money watch" report. i'm serena marshall, cbs news, washington. >>> a deadly outbreak of listeria in six states has been linked to deli meat and cheese. the cdc is reporting at least 16 people have been infected, and 13 hospitalized after eating the contaminated food.

steve barclay says he can't agree to . barclay says he can't agree to.bes as a massive seven 9.6% pay rise. instead he's open to discussing how lives can be improved . the royal college of improved. the royal college of nursing accused the of rejecting formal talks , an alternative to formal talks, an alternative to industrial action. as a result, staff in england, wales and northern ireland will walk for two days on the 15th and 20th of december. a six year old child has died after a bacterial outbreak at. a school in surrey. a second child is being treated in hospital. the uk helped security agencies confirm the caught the invasive strep infection which causes scarlet at fever. pupils and staff . at fever. pupils and staff. ashford church of england primary school have since been prescribed antibiotic x. the foreign secretary has announced a package of hands support to help ukraine through the winter. the country still expiring , the country still expiring, seeing power blackouts after russian airstrikes hit key infrastructure . during his first infras

this is the health secretary steve barclay. one of the first i steve barclay.t up a meeting and we reiterated that today. we are keen _ we reiterated that today. we are keen to — we reiterated that today. we are keen to see what the result of the ballot _ keen to see what the result of the ballot was, — keen to see what the result of the ballot was, but my door is open and i look— ballot was, but my door is open and i look forward to meeting them in the ilook forward to meeting them in the days— i look forward to meeting them in the days ahead.— i look forward to meeting them in the days ahead. they have voted for a strike, the days ahead. they have voted for a strike. so — the days ahead. they have voted for a strike, so this _ the days ahead. they have voted for a strike, so this is _ the days ahead. they have voted for a strike, so this is not _ the days ahead. they have voted for a strike, so this is not something i a strike, so this is not something that never— a strike, so this is not something that never happened _ a strike, so this is not something that

but steve barclay industrial.says , he can't agree to what he says, he can't agree to what he describes as a massive 17.6% rise in pay and said he's open to discussing working lives can be . a number of areas where we be. a number of areas where we can work together. my door is open to talk with them but i think the asking terms of 17.6% on pay around three times what many viewers or themselves are getting in the private sector is not within the economic conditions we face affordable at this time . shadow and equalities this time. shadow and equalities secretary anneliese dance says the government must a better deal. the government must a better deal . smedley is going to be deal. smedley is going to be patient. we're paying the price for this as well as of course those nurses so we need government to engage on this quite frankly. they're being grossly at the moment. they need to sit down and sort this out . a to sit down and sort this out. a six year old child has died after a bacteria outbreak , a after a bacter

but steve barclay , he action. but steve barclay, he can't agree to what he's describing as a massive 17.6% pay describing as a massive 17.6% pay rise. instead open to discussing, he says , working discussing, he says, working lives can be . the number of lives can be. the number of areas we can work together in my door open to talk with them but i think the asking terms 17.6% on pay around three times what many viewers or themselves getting in the private sector is not within the economic conditions face affordable at this time . labour leader sir this time. labour leader sir keir starmer says the government is abdicating its responsibility resolving the issue . nurses have resolving the issue. nurses have been driven to this by the government and that's badge of shame for the government taken strike action before for patient . so this is going to be devastating news . nurses don't devastating news. nurses don't want to go on strike . a former want to go on strike. a former soldier has convicted of killing a man m

the health secretary steve barclay says the government hasn't abandoned — just postponed — promised socialeen defending a delay in introducing a spending cap for individuals. the chancellor's announced £2.8 billion extra for social care next year, rising to 4.7 billion the year after. it's a very difficult decision to delay those reforms. we remain committed to them, but we recognise an immediate issue, particularly in hospitals, where we have 13 and a half thousand people who are ready to discharge, but we're not able to do so. that is having a knock—on effect in areas like ambulances and the flow through hospital and the prime cause of that, not the only cause, is around social care. so it's right that we're targeting investment. 2.8 billion next year, 4.7 billion the year after. clear commitment to invest in health and care, eight billion going into 2024. we're prioritising the funding we need to get the flow into the hospitals and key amongst that is going to be more funding into social care. earlier i spoke to our political correspondent ione wells. in successive prime ministers over

should he in a barclay? sharon was shot dead by israeli forces on may 11th, while covering a raid on jeanine and the occupied west bank. israel's military has since admitted that israeli gunfire may have killed her is really defense minister been against, has now tweeted saying the decision of the u. s. department of justice to investigate the unfortunate death of shitty and barclays is a grave mistake. the idea conducted an independent and professional investigation which, which, which was presented to the americans who shared the details. i made it clear to the american representatives that we stand behind the idea of soldiers, that we will not cooperate with any external investigation. and we will not allow interference and israel's internal affairs. all right, mike, hannah joins us now live from washington. d. c. mike, what if anything, are we hearing from the us about an investigation? will all official sir bodies within the u. s. her remaining absolutely tight lipped to the department of justice says i

s. department of justice to investigate the unfortunate death of sure enough, barclays a grave mistake. the idea conducted done independent and professional investigation which was presented to the americans who shared the details. i made it clear to the american representatives that we stand behind the idea of soldiers, but we will not corporate with any external investigation. and we will not allow interference. israel's internal affairs, my county has more now from washington, dc, from official departments of government. we are hearing absolutely nothing. the department of justice has simply issued a statement saying no comment. however, in light of that tweet from the israeli defense minister saying, we told the representatives clearly there was some kind of notification involved here. although this cannot be confirmed at this point. from the us side, there has been some reaction from congress, maryland. senator chris, bon holland, has issued a tweet saying that he welcome the decision. the reported decision for the department of justice to conduct an independent investigation. one

talking about violations that they faced while trying to do their jobs. un body found that sharina barclay was likely deliberately killed by israeli forces back in may when she was on an assignment in the occupied west bank for al jazeera, the grief anger, sadness and trauma that we as a family have had to endure and continue to endure is painful beyond words. we did not only lose a renown journalist, but we lost our one and on the aunt, my father lost his only sister. oh, it's very difficult to put into words and to explain the suffering, but this is exactly what injustice feels like. the killing of shooting could have been avoided if there was accountability for the countless crimes committed by the israeli army in the past. or for the numerous journalists who were targeted and killed a still head on al jazeera, we will be looking at what's causing the toxic air in new delhi. as leading to a surgeon hospitalizations, and florida gets hit with another massive storm knocking out power and flooding. coastal cities as they try to rebuild after hurricane in status. ah, anticipation is rising.

the health secretary, steve barclay . they're concerned about barclay.t the action could have on patients . well, formal on patients. well, no formal request been by the request has been by the department health to , the department of health to, the military. of course, we military. but, of course, we look as part of our normal contingency and a range of opfions. contingency and a range of options . the priority for me contingency and a range of options. the priority for me is to continue the dialogue with the trade unions with the rcn . the trade unions with the rcn. been extremely clear that my dooris been extremely clear that my door is open. they have raised a range of issues , not just pay, range of issues, not just pay, but also working conditions. patients safety. and so i'm very happy to continue that dialogue . the government is launching a £1 billion scheme to make middle income homes more energy efficient . the three year scheme efficient. the three year scheme will see hundreds of thousands of homes receive loft and cavity wall insulation from

still to come this afternoon with the health secretary, steve barclay , today that the nhs is barclays under huge pressure and some targets are to be scaled back. what does it actually mean for our ascent in services your nhs and my nhs will the additional funding pledged in that budget bndge funding pledged in that budget bridge the gap? the first? let's take a quick break. welcome back. it's just slip past 22 one. you're watching and listening to alastair stewart& friends here on gb news tv and radio. and you have indeed been getting in touch on our big topic of the day, autumn statement and other issues . what statement and other issues. what would you have liked to have seen in that autumn statement and what do make of our discussions today? john begins the conversation and says it would be a start every time that funding was increased they showed a breakdown on just how it was being and mike says as a concern the voter who supported the for party some 50 years i and my family have had enough. we have illegal immigrants continuing to be allowed into the uk . we see hard earned tax

we have christi for joining us from barclays. happy thanksgiving, if you celebrate. talk about the key trends that you are watching this year and what we can expect from black friday >> thank you forego ha having me good morning exciting time of the retail c cal calendar the bright spot that is black friday we have been monitoring and like to release stats during the day on the actual day. what i can tell you, hot off the press, already is positive lead indicators up to close of business tuesday, year over year, that looks leading week with an increase by 3.7 3.78% over last year which was a bumpy year. >> to be clear, which regions are you talking about with the positive trends? >> we process around one-third of the uk transactions across the whole of uk is monitored. this is a high level indicator we like to release the data as quickly as possible and post event we look to sectors and regions. >> how is the split between physical sales and online sales holding up we have been talking about the shift toward more online shopping at these events i'm curious to see how

the way, i already tracked the movement of the days on the mobile phone several times i stopped at barclay'sank, which belongs to mr. shuvalov, you know, you had to cross him, well then, version number two didn’t share something with you. the embroiderers ordered him about the substance in which the guards were put to sleep. it 's real. you two are working on the ransom version, let's go. joking aside, vitalik yaremchuk needs to be found and done faster than they do. admirals, do you understand? yes, i understand, where can i look for it? and i don't even have any leads. this is capercaillie of a hundred pounds. and you try. yeah, very much . because this is a personal request of colonel glotov and to him these experimental comrades are like a bone in his throat. and there they came out like worms after the rain. that's it and already for certain something digs. so you don’t have time from the word at all, the task and the dream of spring is clear. okay, no, no one called me and demanded no ransom. or maybe he's already dead. well, let's not consider this option for now. well, why would it b

has addressed the un commission, investigating reported abuses in palestinian territories. lena barclay spoke at the commission along with palestinian journalists, who recounted violations efface while trying to do their jobs. a un body has found that sharina was likely deliberately killed by israeli forces in may. the grief, anger, sadness on trauma that we as a family have had to endure and continued to endure as painful beyond words. we did not only lose a renown journalist, but we lost our one and only aunt my father lost his only sister. it's very difficult to put into words into explained the suffering. but this is exactly what injustice feels like. the killing of shooting could have been avoided if there was accountability for the countless crimes committed by the israeli army in the past. or for the numerous journalists who were targeted and killed in afghanistan, the taliban has banned women from entering parks fair grounds. and james, in the capital, kabul, the new restrictions come just months after the government said men and women should have separate access to parks. women

a jealous rena barclay. she was shot dead by israeli forces on the 11th of may while covering the rate on jeanine in the occupied west bank. israel's military since admitted that israeli gunfire may of kilter. the republican party in the u. s. is on the cusp of re taking control of the house of representatives. it's secured, 217 seats and is now only one seat away from flipping the chamber. some regions are still counting votes nearly a week after the midterm elections. meanwhile, the democratic candidate for governor in arizona, casey hobbs, has defeated her donald trump and dos. rival carry lake the closely fort race in the battle. ground state was one of the most significant in the mid term elections . ok, as he had life nice continues. are to witness britain's beloved curry houses that are in crisis to india. don is shut down every week due to protection financial fraud, and the pardon one i wanted to investigate on out you 0 a great area. you need to be thinking. so for the supplier approach and protect

we will pose that question to the barclays head of u.s. equity strategies.quities are rallying hard today. this is bloomberg. ♪ >> good news is, there is a distinct possibility we will see inflation moderate fairly quickly. the bad news is, there's a distinct possibility equally likely it could take 10 years. this is the unfortunate reality. kailey: that was the so-called godfather of smart data invitation -- smart data investing. let's get back to our question of the day -- due to data points make a trend? joining us now is the barclays head of u.s. equity strategy. using the equity market running away. you've seen a massive rally at the end of last week and you are seeing another rally this morning. are we getting ahead of ourselves? >> the straight answer is yes. i think we are getting way ahead of ourselves. if you look at the s&p 500 reaction to cpi print, even though activity has increased over the last year, even with that standard, the predictor is 2% but we are at 5.5% so i think the market is getting ahead of itself. the good data points are nice b

, network and the bank barclays, has found that high profile women in business say the cost of childcareimits the creativity of many women across the industry. all week, the press ing are productive potential as a country. well i'm delighted to be joined by aria babu from the entrepreneurs network. welcome to the program. and first of all, what does this report say? well, it highlights that the uk has an unusual low number of female founders when compared to other nations that are similar to us, like the us, canada, the netherlands. you look much more like 5050 ratios of uk. it's only about three. only about one in three. entrepreneurs women . and entrepreneurs are women. and then exploring why this then we're exploring why is this then we're exploring why is this the are people in business the case? are people in business disproportionately or is disproportionately sexist or is it fundamental factors, it more fundamental factors, which think it is like the which i think it is like the high cost of childcare, like stem drop off rates and other such is interesting such factors. is interes

michael pond of barclays talk to us about the fixed income report.e really going to draw down. what part of headline inflation will you study first? >> what i'm looking at in terms of where it comes in versus the overall consensus is looking at a few pockets where i think we see some dish inflationary forces gathering. i think autos will be a big one today. we have seen inventories pick up there. i think a lot of pricing constraints on part of the consumer, too. also, shelter. that sets the tone for not just what inflation does in october, but what it will do in the months ahead. i think those are two of the key categories to dissect. tom: will the fed dissect or partition, or do they just look at the statistics that come out? >> they will partition it. in addition to the headline and core, they like to look at various slices and dices of data. whether that is the median cpi, which i think gives you a nice, clean look at an alternative look at the core, whether it is sticky, flexible, the cpi's we get. i think what we have seen is a lot of questions

barclays also sees a shift in china reopening changing the outlook.scuss this we are joined by the man himself, barclays head of global fx strategy themos fiotakis. are we at peak dollar and why? themos: i think so and i think there are couple of reasons. the market has focused a lot on the dynamics of inflation with the u.s. which has played some part. i think what the market has seen over the year is the single most important factor that drove the dollar stronger and the euro lower has been the collapse in global growth in mx, particularly the dynamics that came out of china. china is a huge part of the global growth engine. the u.s. is a closed economy, europe is an open economy, and asia for of open economies, and china has been growing softly. a big term of this has been the zero covered policy and the tightening in property markets. there are some signs that tentatively there is some risk that the policies may be changing. that is crucial for the outlook of the dollar and the path ahead. dani: does that mean it does not necessarily matter when t

barclays up to 20 million. loop capital 10 million.e is lower, and it's all because of the unsearches, can they spin up production. we note they won't be able to do it for the holidays. can they do it to get people to continue to buy at least into january. the barclays note expressed pessimism that they think the demand to fall off the cliff after the holidays if they can't get their iphone 14 pro, they just won't buy it at all analysts are expecting on a unit basis sales to be flat for the iphone, and now they're saying it could be 20 million lower than that. 70 million iphone also. >> the stock done 8% so far this month. the nasdaq just turned negative, still down 20% for the year, but it's gog crushed here. >> that's the key point, it's giving up some of the outperformance and valuation premium it's maintained. there is a lot of money in apple that's there because of the haven status, because of the great balance sheet, because of the buyback, the buffett effect, and the perceived steadiness of the upgrade cycle. all those things to

that is the word from barclays ceo undergoing cancer treatment. we wish him well >> we do wish -- the name as well can get difficult venkatakrishnan. >>> we will have a weak recovery in 2024. that is according to the latest forecast from unicredit. it expects inflation to ease across europe and u.s. with the ecb and fed likely to tighten policies before cutting rates in 2024 marco is the economist at unicredit and joins us now it has been a year where 2022 has been described as inflation if you were to use one word. does that mean 2023's word is recession? >> i would say disinflation. recession, yes, it is already here in europe we are going to probably see a mild recession in the u.s. it is not going to be severe because we have a lot of safety nets and fiscal support. we have tight labor markets and easing bottlenecks we don't expect recession. i would bet more on disinflation inflation will start in 2023 pretty high. 10% in europe and bit lower in the u.s. by the end of 2023 and the forecast and views on inflation is down to 2.5% and maybe down

the government is on course for a bitter confrontation with nurses following health secretary steve barclaymments accusing them of being out of step with the economic crisis. the telegraph reports on nurses�* first national walkout, as the government deems their calls for a 17.6% pay rise unreasonable. nurses will strike within weeks say the times. they report of concerns over cancer and children's care, as a result of industrial action. the front page also features a picture of florida although emergency cover has already been guaranteed. the front page also features a picture of florida governor, ron desantis, who could run to be the next us president in 202a. joe biden defies expectations, according to the guardian, following the results of the midterm elections that leave democrats�* control of congress hanging by a thread. they might yet remain in control of the senate, not least because of the vice president�*s casting vote. democrats risk losing control of congress, according to the ft, and russia retreats from kherson. the express, now who say the home secretary has urged police to

barclay's as well. activity and also a return to an annual ritual that banks used to do which is where they cut the biggest underperformers in the bank. so the outlook is bleak if we don't see a pickup in the activity. of course, these cuts pale in comparison to the cuts that we got at some of the tech stock -- tech names this week and the likes of meta and twitter cutting thousands of employees. >> yeah, it will be a grim time of year heading into the holidays for those employees who just been fired. cnbc live for us from london. thank you very much. coming up, we're moving back to politics. democratic congresswoman debbie dingle will join the program to talk about the mid terms and what do happen in the house if republicans win control of the chamber. we'll be right back with that. chamber. we'll be right back with that. ♪♪ this... is the planning effect. this is how it feels to know you have a wealth plan that covers everything that's important to you. this is what it's like to have a dedicated fidel

s. investigation into the killing of algebra correspondence. sharina. barclay. it was reported on monday that the u. s. department of justice had launched its own probe and to her death. a barclay was fatally shot by israeli forces while reporting on arrayed in the occupied west bank in may. so ha, is the idea if is a moral and ethical army for the soldiers and commanders of the idea of protect is vote. foley investigating any out of the ordinary event and are dedicated to the valleys and rules of democracy. the idea of soldiers will not be investigated by the f. b. i knew by any foreign entity or foreign country, however friendly it may be lost. we will not abandon idea of soldiers to foreign investigations and affairs protests was delivered. the americans in the appropriate ranks who of the united states team invited some migrant workers to join in with them at a training session in doha, the international labor organization says reforms enacted and the author have improved the lives of hundreds of thousands of workers in the country it hopes that this world c

we'll talk to the man in charge, the health secretary steve barclay.the alternative to the government's plan? labour'sjohn ashworth is here. and beyond the gloom, we'll lift our eyes over the horizon. artemis one is successfully up in space. we'll talk to nasa's howard hu about the start of man's journey to live on the moon before the end of the decade. and with me at the desk, tony danker, the man who speaks for british business, boss of the cbi. gary smith, chief of the gmb union who represents half a million workers. and with the game about to kick off in qatar, footballer chloe morgan. there's so much to come — football, finance, and maybe a bit of fun between now and 10.00. good morning. there's so much to get into the next hour, but we're going to begin with the news coming out of egypt this morning — a climate deal has been reached at the cop summit. but it's already being criticised. 0ur climate editorjustin rowlatt is there for us. what's been agreed? does it stack up? it is a complex agreement. _ does it stack up? it is a complex agreement, a

there has addressed a un commission investigating reported abuses in palestinian territories. lena barclays spoke at the commission along with palestinian journalists, who were counted, violations they faced, was trying to do their jobs. and you embody, found that serene was likely deliberately killed by israeli forces in may. she was on assignment in the occupied west bank. the grief anger, sadness and trauma that we as a family have had to endure and continue to endure is painful beyond words. we did not only lose a renown journalist, but we lost our one and only aunt. my father lost his only sister. it's very difficult to put into words into explained the suffering, but this is exactly what injustice feels like the killing of shooting could have been avoided if there was accountability for the countless crimes committed by the israeli army in the past. or for the numerous journalists who were targeted and killed hurricane nicole has been downgraded to a tropical storm after making landfall in the us. state of florida. strong winds and large swells have left a trail of damage. long parts

ringback because she changed with barclay's new that was a, which is obviously new to still when you have a controller for someone to do, i don't but hold you a with national jump in contact with the copier from, wanted to get us. the boys are new to me with me for the recent g, 20 meeting and bali. the west did all it could with the help of corporate media to isolate russia. all their efforts came to nothing. in fact, the opposite happened. russia was a welcome. participate. nickos proxy war in ukraine. does united much of the global south? it's later against the world? ah, no one. no, sir. no, no, admiral hook. no, no. what door? more shrill than what? the end of unit 73. 1 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. a production issue or sure did that. they're not killed when you saw new rochelle you on more more general margaret thought this is meant nguyen from all one of our new i'm i got to learn much sale

equity strategy with barclay's investment bank.ve you on what do you mean the so-called hope rally is premature? >> morgan, our point of view is that there is still a lot of uncertainty. and every market still not factoring in the rapid acceleration of funds which we see. en that is still in the early stages and second, all the correction you're seeing in equity this year has been through a contraction valuation multiple which have been driven primarily only by the rise of inflation and interest rates so what is not being factors in is sort of slowdown in growth. and we still see the street is more optimistic even now for example, our estimate for s&p earnings were 23 is $210 that compares to consensus of 232. so more than $20 left to go. and remember, consensus is just two months ago was 252 it came down to 243 in august. came down to 239 in september. and here we are at, you know, lower than 232 we feel there is still a ways to go and most importantly, last point i make is that this $210 number we have is assuming the fed wins in