bills increased 5-14 times easier not to work according to the forecasts of the head of the central bank of germany, inflation in germany by autumn may already beat a historical record of 10% . when the manufacturing sector of the us and the old world goes to the peak investors' confidence in the debts of such creditors is sharply reduced. here is the secretary of the russian security council, nikolai patrushev, recently said that the united states in for the foreseeable future, anyone can default on external debt, debt model without real replenishment from production. doomed to collapse. belarusians do not create debts. we trade and earn real money, but the main thing is the right managers who are focused on results in the new conditions. it was a simple economy with alexei industrial independence task number one svetlogorsk chemical fiber plant switched to expanded production of disposable medical gloves. after all technical tests , production checks go to industrial the scale of the enterprise and the only manufacturer of such products in the country in foreign supplies is no longer necessary. s

republic of the earth who the state grew as a result of the second world war , the head of the central bank in germany writes about this, of course, he considers such statements, to put it mildly, untenable, as for? uh, the fact that allegedly germany claims to be part of the polish lands of the lands, then this, of course, is all and not sinuses. in fact, germany as a whole is against revising the results of the second world war. that is, this pandora's box should not be opened. um, maybe everything will end with unpredictable consequences. is it another ghost? did so and looms before representatives of the polish elites look at the map and in general it becomes scary for the psychological well-being of naglobinsky, such losses are at stake before it was a merger of german states or takeovers of practically the gdr, that is, the former soviet occupation zone, and from the moment this task was completed, the return in one form or another to of his former lands, which are now within the polish borders and the subordination of the entire belt of countries between germany and russia, as a result, the off

republic of the earth that the state grew as a result of the second world war , the head of the central bank in germanys, of course, he considers such statements, to put it mildly, untenable, as for? uh, the fact that allegedly germany claims to be part of the polish lands of the lands, then this, of course, is all and not a sinus. on in fact, germany as a whole is against reconsidering the results of the second world war. that is, this pandora's box should not be opened. um, maybe everything will end with unpredictable consequences. really ghosts ochere? the partition looms before representatives of the polish elites to look at the map and in general it becomes scary for the psychological well-being of the panoglopinsky such a loss at stake before it was a merger of german states or takeovers of practically the gdr, that is, the former soviet occupation zone, and from the moment this task was completed, the return to one or in a different form in their former lands, which are now within the polish borders and subordinate to themselves the entire belt of countries between germany and russia, as a resul

republic of the earth that the state grew as a result of the second world war, the head of the central bank in germanyout this, of course, he considers such statements, to put it mildly, untenable, as for? uh of what supposedly germany claims on part of the polish lands, then this, of course , is all and not sines. in fact, germany as a whole is against the revision of the results of the second world war, that is, pandora's box should not be opened. um, maybe everything will end with unpredictable consequences. is it another ghost? he did so and looms in front of representatives of the polish elites to look at the map and in general it becomes scary for psychological well-being, according to impudently , such losses are at stake before it was a merger of german states or takeovers in practice the gdr is the former soviet occupation zone, and from the moment this task was completed, returning in one form or another to their former lands, which are now within the polish borders and subordinating to themselves the entire belt of countries between germany and russia, as a result, the official still reveal

republic of the earth that grew into a state as a result of the second world war , the head of the central bank in germanyourse, he considers such statements, to put it mildly, untenable, as for? uh, the fact that allegedly germany claims part of the polish lands lands, it is, of course, all nations. in fact , germany as a whole is against revising the results of the second world war. that is, this pandora's box should not be opened. um, maybe everything will end with unpredictable consequences. is it another ghost? he did so and looms in front of representatives of the polish elites to look at the map and in general it becomes scary for the psychological well-being of the panoglobinsky such a loss at stake before it was a merger of german states or takeovers of practically the gdr, that is, the former soviet occupation zone, and from the moment this task was completed, returning in one form or another to their former lands, which are now within the polish borders and subordinating to themselves the entire belt of countries between germany and russia, as a result, the official reveals his trump cards and

rocked by limited gas from russia and the expensive business of weaning themselves off kremlin supplies, germany's central bank warned that the current squeeze on the cost of living is set to continue. now, the government has put in place measures to save energy with things like lighting restrictions on workplaces, and they've been asking people to use less while filling up national gas reserves. but with reports people are using up their savings as wages fail to keep up with prices, there have been warnings of possible social unrest come the winter. so, the latest inflation figures are due out today. joining me now is holger schmieding, chief economist at the german private bank berenberg. so what can we expect? when it comes to inflation to start with. when it comes to inflation to start with-— when it comes to inflation to start with. ~ ., , ., start with. well, on the german national inflation _ start with. well, on the german national inflation measure, - start with. well, on the german national inflation measure, we. national inflation measure, we will probably see an update from 7.5% in the day before a

of germany, 37% year on year. do you think these central banks have really got their arms around the magnitude of the problem you'reacing in europe? piet: it is a very good question. i think it all comes back to the kind of inflation we see right now. the inflation we see is the wrong kind of inflation. it is the supply-sider driven inflation and it is very difficult for any central bank to do something about. this is different than what we are seeing in the u.s. 37%, they are staggeringly high. alix: exactly, it will be difficult for central banks to deal with that. we have seen smaller shutdowns and other facilities come offline. how much more of that are we going to see? what does that do to growth? piet: it is impossible that we are going to get a significant slowdown. whether or not we will call it a recession, i will say that is semantics. whether it is .5% growth or -.5%, it is going to be a significant slowdown because it is a massive erosion of the purchasing powers. you can just look at the wage growth numbers we are seeing in our area, they are horrible to say the least. -6%, -8% in some numbers. it is a

order to alleviate the suffering of investors, to help get rid of russian assets in the central bank temporarily allowed trading in germanyroduce measures to support gas importers from the population will take up to 600 euros in addition for gas. annually , gas fees are estimated at 2-3 euro cents per kilowatt-hour, reuters writes about this, the german industry will lose more than 5.5 billion euros at the fees calculated at the institute of german economics according to bloomberg, due to the reduction in gas supplies from russia, germany is already waiting for a stagnation of production this quarter. this was the news of the economy in short. zaporozhye in the liberated territories form a new police force almost half of the team is staffed about the first results of work in melitopol, our special correspondent vitaly harutyunyan reports. well, now you will receive a statement from the staff of the shelter about the everyday life of law enforcement officers in the liberated territories. it is not only and so much is the acceptance of applications from citizens by police officers at the forefront of the fight against crime

arguable whether poland would even just at this point without germany's financial support through the block, the head of the polish central bank, adam glove pinsky has another rushing german collusion theory. berlin strategic goal is to, in some form, regained their former lands, which are now within polish borders, and to subjugate the entire belts of countries between germany and russia. where is this weird rhetoric coming from and why are they just being fulfill about it now? was taking germany's cash through the you part of the sir version plot as well and is worse, are going to continue to stuff it's pockets with you cash from germany, or will it be refusing it on principle or you know, handing it back at this week's nordic summit german chancellor, olaf schultz rejected calls by finland, estonia lakia in lithuania, for an e. u wide ban on the russian tourists now is stoney, is already doing so with that, with the tacit blessing of the you. but when schultz opposed the move at the you level, it wasn't long before critics were suddenly treating germany like it was the pariah of the block rather than it's perennial golden b

talk about it, for example, the polish prime minister, the head of the central bank of poland from marawiecki express fears about germanyemand back in its territory, which sestrenovich wants to donate, pomerania and they are already feel. and in this regard, we help to feel. now i'm done, and i'm helping we feel them, i'm trying to fix everywhere one and the same claim against many of our observers. do not use the formula front stands. the front is not standing, never even when there was a line of demarcation, 8 did not stand for me either, especially now we are conducting offensive battles from places north of kharkov to directions from kherson to nikolaev where is he standing then? across the front lines, we put the daily pressure they feel and now the question of their future existence begins to itch. and i said about poland, a because maybe you know i was born it so happened in riga, my mom and dad came there. and on this monument i spoke at a rally three days before i was deported. i think that this new reality, which is already visible now, should worry, first of all, the three baltic countries. let them think abo

central bank however, before that, the regulator. he managed to get rid of almost a third of dollar assets, significantly increasing investments in yuan. the rejection of stream 2 could lead to street protests in germanyputy head of the deputy group said. cdu, state parliament, brandenburg, remaining within the framework of the energy theme. he called the population of rural areas of east germany a real combustible substance, the politician stressed that with a further increase in prices for heating electricity. people will simply take to the streets, of course there are disagreements in the christian democratic union over russian gas. however, there is also a party that unequivocally supports the launch of nord stream two, including at the highest level, this is an alternative for germany in july, its leader demanded not only the commissioning of the already built gas pipeline. well, the complete lifting of all sanctions against russia at the moment. german gas storage occupancy is less than 75% and the target for november 1 95 local experts admit that it is practically impossible to achieve such a figure in the current conditions, currently, fuel entering the eu. mostly consumed, and part of the acc

of prolonged tightening as the european central bank signals further hikes. taking heat. asian markets tumbled and u.s. equity futures extended losses post-jackson hole speech selloff. germany looks set to hit its october gas storage targets as early as this month as the economy minister proposes an overhaul of power prices. dani, good to have you back from the bosporus. has powell crushed the pivot and open the door to 75 basis points? dani: markets are certainly reacting that way. friday was all about risk moves, we are seeing the bond market catch up but stocks are still off tremendously this morning, let's dive into it. msci asia on track for its worst day since the spring-time. down 2%. we are also looking at european equities off again, it is a bank holiday in the u.k. happy thank holiday to all those observing it. if you're looking at european stocks, those futures are following a quarter of a percent. futures fall. s&p futures off by a 10th of a percent, and it continues to be -- nasdaq futures are not usually down by this much this early in the morning. tech bets have been ramped up so we might be looking at a case of positioning moving against these markets. manus

of prolonged tightening as the european central bank also signals further hikes. taking heat. european markets tumble and u.s. futures extend losses from friday's post speech selloff. plus, energy relief. germanyks set to hit its gas storage targets a month early. that as the economy minister proposes an overhaul of power prices. let's check in on these markets, taking a hit in the headlines from the hawkish commentary from jay powell, saying you are going to see a sustained period of below trend growth. that is the likelihood, and they will continue to raise rates and hold rates high. the markets pricing in 3.8% by march of next year. the european benchmark is down 0.9% of european officials coming out. isabel schnabel over the weekend in wyoming saying we may be in an environment where we have to raise rates in a recessionary environment. ubs saying that eurozone is already in contraction. the ftse 100 currently closed because we are at a bank holiday here in the u.k. let's see how things are playing out sector by sector. we have at the bottom of the list technology, no surprise given what we saw in the run-up in yields. it continue to move higher. the two-year back to levels seen in 2007. y

central bank as well with julianna tatelbaum in london with that and more good morning, julianna >> brian, good morning european equities are following the u.s. lead yesterday. we have majority of markets trading higher led by germany. up nearly .80% for the xetra dax. and we are seeing a little u undererunde performance. ftse is down 1.3%. a big move for german retailer with shares up 9% in that stock. why is the ftse 100 trading lower? sterling is trading higher versus the dollar. the central bank is set to raise rates for the sixth time in a row. money markets priced in a 90% chance of 50 basis point rate hike this afternoon which is the bank's largest rate increase for more than 25 years brian, the bank of england is dealing with inflation pressure with the soaring headline and core level all eyes on bank of england governor and committee that meeting taking place this afternoon. >> inflation is a global phen phenomena. julianna tatelbaum, thank you. >>> to the top stories st stateside. including walmart. bertha coombs is here with that and more good morning, bertha >> brian, good morning walmart confirming it has started to layoff corporate employees. the retail giant not saying how many will be impacted. in t

of yields in the u.k., germany, massive moves. what have you seen in the currency? weaker. the central banksg in big time inflation prints. tom: italy, 8.2 survey, 9% inflation. jonathan: look at the headline in europe. nine handle for the whole of the euro zone. that is why the bundesbank is pushing for this decisive move. we are assuming they will have a recession and will hike aggressively into it. bear in mind where cpi is in the euro zone. rates are still at 0%. that is why many of the hawks are looking for a big move next week. tom: i go with that, but, sorry, europe is unique. and it is underplayed, there is a war going on. jonathan: we will be feeling the consequences of that for a long time. if you have supply-side problems and you are guessing that with interest rate hikes, they could be chasing their tail for a long time trying to get that down. tom: the combination of those dynamic parts, when does the fed see enough data, or another central bank, that we have to ease up and get to a point where we are comfortable with? some are saying this will be the surprise of september. jona

central bank's going to do next month in terms of short-term interest rates? european markets have been mixed this monday, the ftse 100 slightly lower, gains in france and germany loss in shanghai, hong kong's market down two-thirds of 1%. all of this about america, people living here sour on this country's economic conditions including their own personal financeses. we'll talk about this explosive new fox poll ahead. plus, fallout can over the raide -- fallout over the raid on mar-a-lago as the white house says the president has hasn't been debriefed on the entire debacle. we follow that all morning long. "mornings with maria" live right now. time for the word on wall street, top investors watching your money. director of strategy frances newton stacy with us all morning long, and joining us now michael lee strategy founder, michael lee. michael, let me kick it off with you. tar 2k3. hitarget, walmart, tjx reportins numbers for the country out on wednesday. what are you expecting? >> well, dagen, i think this is a case of very low expectations. so in the case of walmart and target you've already had some preannouncements earlier this quarter. walmart took full