let's bring in chris williamson at smp global. ris, europe not in a good space, clearly. >> the third quarter is looking different from the second quarter. we appeared to have a respite for the second quarter with the demand for travel services for consumers and businesses. this led to growth stronger which was surprise to the upside. what these numbers are telling us is this bolted in the third quarter. you are looking at contraction. the numbers came up slightly from the signs in august, there is still in a zone that is contraction. >> we are not pointing to a real recovery yet? >> not yet. you have to be careful with the volatility of the data. august is a quiet month for europe. any volatility in the numbers and look at the quarter as a whole and the forward looking indicators are saying because those are negative. backlogs of work and how many orders to support the growth going forward is falling at a rate we have not seen since 2012 or since the lockdown during the pan pandemic. it means less output going forward for business

hello, i'm chris williamson and this is palestine declassified where we investigate these. regime's global war against solidarity with the illegally occupied people of palestine. the maximalist strategy of the zionist lobby has seen the misnamed anti-deformation league or adl finding itself in the crosshairs of the world's richest man. elon musk has rightly take an exception to adl's accusation that he's an anti-semite and their pressure campaign and companies to stop advertising on the social media platform known as x that he purchased in 2022. so in today's episode well. examine the implications of this quarrel starting with amina taylor's report into adl's ranced record prior to it with elon musk. the billionaire owner of the social media website x, formally known as twitter, elon musk, is suing israel lobby group and spy out the anti-deformation league, claims that the adl has been lobbying companies to drop their advertising deals with s, allegging that muss is anti-seemite. according to muss, this treacherous campaign has led to a significant drop in advertising revenue for the compa

so until then, this is chris williamson saying bye for now. together, we have shown that when europe is bold and united, it gets things done, à l'appel de l'histoire, it's time to come down from the ivory tower. 95 million people in the eu are th. and by poverty, there is a broken energy market while the energy and arms industries are making record profits. last year it seemed that italy was better performing as compared to other industrial economies in in europe, this year this quarter it seems the the opposite. in this week's episode iran tech we've come to lurastan province to check out a pharmaceuticals company specializes in making drugs for livestock, pultry and various types of fish uh in all sorts of different categories so liquid solutions, ointments and so on, so forth. so we're going to take a look at the exclusive drugs that they make here, only here in and talk the science behind. and get to know process that goes behind the manufacturing of different types of trust. stay tuned. a un investigation committee says that israel's ille

chris williamson, economist, joins us to discuss this. if i am alix steel over in america, the picture looks better. if i am guy johnson in europe, does not. give me the instant analysis and how different that is depending on where you are. chris: it's interesting. the european numbers turning down in recent months. some signs of may be bottoming out in the euro zone, but forward-looking indicators are still turning down sharply. so more pain to come. the upshot is you are looking at signals of q3 gdp declines both for the u.k. and eurozone with that weakness persisting into the fourth quarter. u.s. come on the other hand, is fairly stable -- u.s., on the other hand, is fairly stable. we had a good growth spurt up to july, which seems to be fading now, so you might get a gdp reading for q3 in the u.s., but q4 will look different. there's a delay in the pain. alix: some cool focusing that just happen on your camera. delayed pain, does that mean we will see u.s. pmi's rollover to the extent that we have seen in europe and the u.k. or will t

will be back next week with more forensic investigations and analysis, so until then, this is chris williamson saying, bye for now, là, c'est l'indépendance, l'armée a libéré le pays, nous... france purchased these territories and they have owned the territories in terms of the central banks. i think the financial success is dependent on whether the government represents the people. it all started in 2019, uk marines illegally an iranian oil cargo off the coast of gibraltar in july that year, they evoked suspicions that european union san on syria were being violated, what happened then was that iran decided that it could use levers of its own, the country was in control of major passageway, the straights of hormoz, through which dozens of oil tankers pass every day.

we will talk to chris williamson tomorrow. you have the u.k.at his rearview mirror stuff. you have the s&p pausing. what is the bank of japan doing? it's alix: if they don't do anything in the next few hours what did they have to look forward to in the next few months. thank you so much for joining us, we really appreciate it. what do you expect from the bank of japan? >> i expect no change, -- guy: if the bank of japan does not move soon, are we in danger of missing an opportunity to normalize rates? to at least get back to some degree of normality? >> that's an interesting point. i don't think they will miss their opportunity at this moment , there will be a moment for them where they can focus on quality. alix: they yanis at 148, for dollar-yen. do we get that in a forceful way? >> i think the yen is not depreciating as quickly as it should be. maybe we will see more diverse comments coming, but i don't think they will conduct an intervention this time. guy: what is your expectation with what happens with the dollar? the yen is down while th

we spoke to chris williamson, chief business economist at s&p global market intelligence in the last hour on those pmi numbers. >> more pain to come. you are looking at signals of q3 gdp declines both for the u.k. and eurozone with that weakness persisting into the fourth quarter. u.s., on the other hand, is fairly stable. guy: takes us back to our question of the day, how much pain are the pmi's predicting? capital of the alliteration. hard to say. our guest joining us in london and mike mckee back from d.c. with the traffic, loving that. let's talk pmi's in europe. they are quite ugly. are they going to get uglier? what are they predicting? because they have been predicting a recession for a while. >> they have indeed. u.s. pmi stagnated today. still holding above that important 50 threshold, which is something we cannot say about the u.k. or eurozone. that is similar to the overall picture. there is this huge gap with economic data in the u.s. surprising to the upside while we see the trends in europe. it is relatively better. alix: how much pain are the pmi's predicting? i have s

chris williamson and his data tomorrow at market, we will see what that tells us but that has been weakeningwhile but the last set of data tells us we are starting to see some weakness in services and that could have been the tipping factor that may be led to this split we've got. maybe we are nuts is balancing out the wage data. if you fold in the pmi data which may be they've seen, that could be what have -- what has tipped it to a hold instead of a hike. tom: you are knee-deep on this on a daily basis. how much are experts tilted toward a recession call in the united kingdom? guy: i think there seems to be a majority of people that feel a recession is coming or may already be here. recessions are usually only observed with hindsight. it looks as if the data are deteriorating here. the u.k. economy is hard to call it the moment because they keep revising the data. it's difficult to get an accurate assessment as to what's happening but there seems to be some evidence this is an economy that's slowing down and may be relatively rapidly. there is a lot of policy tightening to hit the economy

war, it is systematic genocide, but whatever they try, palestine will never day, hello, i'm chris williamson and this is palestine declassified where we investigate the israeli regimes

annihilated, this is not a war, it is systematic genocide for whatever the track hello, i'm chris williamson and this is palestine declassified where we investigate the israeli regime's global war against solidarity with the illegally occupied people of palestine. the maximalist strategy of the zionist lobby has seen the misnamed anti-deformation league or adl