and it, thank you for that, christine christine salome life for us at the united nations. let's get european reaction now with nadeem baba in london, nadeem. while fully there has been a wide spread reaction from numerous sources across the continent. the are you kays ambassador to israel tweeted that he was deeply saddened by sharina killing and in his words, i urge a rapid, thorough and transparent investigation, but didn't say who should carry that investigation out the. busy french foreign ministry put out a statement saying that she reads death as it called. it was deeply shocking saying that france condemns it and sang a transparent investigation should begin as soon as possible with a european union. actually put out a statement, going slightly further, saying that term there should be an independent investigation. kyra carried out into sharon's killing or and am pointing out that she was and she was killed as she was own reporting on her operations by the israeli forces in jeanine in the occupied west bank. slight differences in tone there, but no detail about who

announcer: [speaking in german] christine: [speaking in german] eric: christine herntier, the mayor of spremberg, tells them they won't be pressured to stop coal sooner. christine a.m., ende gelÑnde's activists start assembling at berlin central station, ready to board a train to lusatia. [singing in german] eric: it doesn't feel like a gathering of football hooligans. they insist it's only the police who use violence, but they've lost faith in peaceful marching. daniel: a little bit anxious because, of course, doing these blockades of civil disobedience is a different form of protest, because we've seen that marching doesn't, you know, bring the change that we need. so that's the form of action that we're going to take. and yeah--but we are going to be, like, thousands of people so i'm really looking forward today. eric: none of them know their assigned target yet. coordinators will use an encrypted app to message them to make it harder for police to stop them. an hour into the journey, they start putting on red uniforms. this is just one of six groups heading for the lusatian coal fields. daniel: so in order to be more flexible and more effective with our blo

christine: christine sloan, abc news, new york.iz: despite the tragedy in texas, the nra went ahead with their annual convention in houston amid the massive protests. you are looking at thousands of demonstrators that gathered outside demanding gun safety. inside, texas senator ted cruz joined the keynote speaker, former president trump, who called for a moment of silence as well was there, he called for a moment of silence. greg abbott ended up choosing not to attend in person. the meeting continues through sunday. back here at home, a group of young activists are saying enough is enough. the group held a vigil for the mass shooting victims, calling for meaningful action. tara campbell has the story. tara: hand on heart and a hug in hopes of some healing, remembering the victims of three mass shootings in just 10 days. buffalo, laguna woods, and uvalde. >> right now, students, we are hiding under our desks for our lives. >> henry is one year out of high school and says it seems like this are shaking. >> we are barricading ourselve

christine mooney. while they're christine, what happens if an actual member vito's, finland and sweden's membership bid, like turkey, maybe well guarded effectively means that a country can't join the alliance because to join the alliance or, or 30 member states have to give approval. that is unanimous approval. so it is a spanner in the work said that turkey has thrown into the mix here, but it hasn't really taken away from the momentum or listening to the secretary general speaking to the they said he doesn't berlin. yesterday he was confident that they would find some common ground and consensus and get around this hurdle. but if it took it hasn't come to the table. that just means that that membership, accession for finland and probably be eventually sweden doesn't come through. now if and live in sweden, do officially apply to join nato. that's what it looks like. do they get any security assurances from the alliance while they wait for their membership to be approved? gay nato is principle of an attack against one member is an attack against or is only applicable to members. so in that interim pe

christine mando. hi, christine, can you walk us through what still needs to happen before finland and sweden officially apply to join nato? good morning, anne. yes. so effectively, nato membership needs the unanimous approval of all of the alliances, 30 members. and what that means is that every single member state has to go to their parliament and have that ratified in. this is why this process could take up to months. for his part, the nato secretary general said both sweden and finland would be welcomed with open arms at the accession process would be quick, but in reality it doesn't look like it would take at least a few months before all those processes. those former processes can conclude and each members are parliament. so it's gonna take a while, if everyone agrees but to how likely is it that turkey could veto finland and sweden's membership id. while turkey's opposition does pose a serious threat, and as we have just heard in the report there, there does seem to be confidence among the and other members, states, and, and allies. for example, the secretary general said he was confident that they would find common ground. and reach consensus over the matter, but of course, because nato membership requires the unanimous approval of every single member stays. if turkey doesn't come to the table that could effectively put a stop to this process. now if finland and sweden do officially apply to join nato, other countries have already made security assurances to the 2 nations. can you tell us a bit more about that? that right, so nato has this principle of if you attack one member, you attack every single of all the other members raise an attack on one is attacking against all that principle would not apply to sweden and, and finland until they become members of the alliance. so any security guarantees could not come from the alliance as a collective, but that member states would have to step up and do that. so for example, the united states, as well as the united kingdom have stepped forward. this was our when it was very clear that both nordic countries were seriously considering later membership. and for its oper, a british official said, it was unthinkable that britain wouldn't come to 2 to either one of these countries defense in the event that they did come under attack for their parts. and they are thinking that this will provoke russia, had to, to perhaps target them via with cyber attacks or, or hybrid is hex targeted. specifically, you know, propaganda campaigns at russian minority or the ethnic communities in, in their countries. so that is the concern and the united states, the united kingdom to members says they have really come out and said that they would support both these countries in the event of any such t w's, christine manuel and brussel. thank you so much now, and other developments in the ukraine conflicts ukraine has accused russia of dropping phosphorus bombs on the as of style steel plant in maria pull images of the alleged attack were released by a pro russian separatist commander. the use of white phosphorus is not banned under international conventions, but human rights groups have called for it to be outlawed because of the severe burns that it causes. ukrainian president vellum is zalinski, says negotiations on saving ukrainian troops defending the as of style plant are at a complicated and delicate phase. ukrainian sources say some 1000 people are holding out of the site more than 18 days after the invasion started. they're refusing to surrender to russian forces. now for weeks, thousands of civilians were stuck in the port city of mario pool without enough food or water, and under constant bombardment from the russians. now official efforts to evacuate and kept running into obstacles as

christine romans. christine, what are we hearing? >> another very strong month of job creation in the american economy. 428,000 jobs added back. this is the 12th month in a row of job creation. it is a little bit lighter than the average for the beginning of the year, which is an average of, like, 560 some, thousand every month. in normal times, a number like this would be blockbuster. we're trying to dig out of that big jobs hole created because of the coronavirus pandemic. the coronavirus recession. still down a little over a million jobs over the course of the entire crisis. 3.6% is the unemployment rate. that's steady there. we had a couple of revisions in february and march. but overall you can see this is a strong trend in the american labor market. no question. and the jobless rate has come down dramatically from the worst of things in 2020, when you were looking at almost 50%. 15% unemployment rate. now, we saw wages increase by 5.5%. that's strong wage growth overall. that's one of the concerns that some economists have, they like to see the job market slow down a little bit here, so doesn't spin off even more inflation than the economy. as you know, the federal reserve is working very hard to try to tamp down inflation right now, trying to do that by raising interest rates. a lot of changes happening in the american economy at the moment. for you, what that means, jobs are plentiful, wages are rising. but so are costs in terms of inflation. anybody with a credit card, a home loan, a car loan, if you're getting new loans, you're going to have higher interest rates for all those things. a lot happening in the economy. >> what is the takeaway for people, jobs-wise, and also spending-wise? >> the takeaway jobs-wise is that you have your pick out there of the kind of job you want, a record number of open jobs in this economy right now. and we're seeing that people who are job hoppers, job leaver, they're getting even bigger wage increases than that 5.5% i was telling you about. more like 10% the wage increases when people leave their job for other jobs. . i thip the war in ukraine is going to be a problem for food and energy costs for months ahead. but in some of the core figures we look at in the -- in terms of prices, it could be that you're starting to see a peak put in in terms of the inflation number. what these job numbers are telling you, they're telling you the job market remains very, very strong here. especially for people hopping to new jobs, they're seeing wage increases that are higher than inflation, you guys. >> all right, we're going to go to jeremy diamond at the white house. jeremy, we understand that the administration is going to respond in a little while. what do we expect to hear from the biden administration? >> well, i think we'll hear something similar from the president that we heard every month, that we have seen over the last 12 months of over 400,000 jobs added every single month. which is to say that the president is going to tout the fact that he believes this is a strong economy. strong jobs market, but, of course, we know the reality is that americans aren't quite feeling that. as new cnn poll out just this week showed that only 23% of americans said that they believe the economy is doing at least somewhat good and the president, even as he's getting these pretty strong jobs numbers coming in, once again this month, he is still confronting this disconnect that seems to be existing within the american population and the american voters in particular, the numbers on paper don't match how americans seem to feel and that's due to inflation. something that president biden has been tackling, trying to tout the fact that he's tackling, but americans, majority of americans actually think president biden's policies have hurt the economy, don't feel like he's doing enough on inflation, and, of course, all of this is going to be top of mind for voters as we head closer and closer to those november midterm elections. the white house this week after that draft opinion came out of the supreme court on roe v. wade, they are hoping to galvanize voters, particularly women in the suburbs, to vote for democrats, because of this abortion issue. but still it seems the top of mind for voters, the number one issue is the economy and that disconnect just doesn't seem to have been bridged, despite the numbers we're seeing once again this month. >> major question for the midterms. will this message about all these new jobs, 428,000 in april, breakthrough. jeremy diamond at the white house, christinefor breaking that down for us. >>> we do continue to follow the news out of mariupol, southeastern ukraine, where the next stage of evacuations are apparently under way at the besieged azovstal steel plant which russia has been attacking relentlessly. this morning, fighters there, ukrainian fighters are saying russian forces fired at a car that was trying to evacuate civilians who have been there for weeks. >>> and back in the u.s., did the alabama corrections officer who ran away with an inmate practice their escape days earlier? 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christine romans. christine, what do we expect -- first of all, this op-ed from president biden today, he lays out the three things he thinks will help. >> there's a whole bunch of proposals. telling americans i feel your pain, i know things are costing more you hate this and here's what i want. clean energy investments, pick supply chains, improve infrastructure. crack down on sky high overseas shipping costs. he has a housing supply action plan. shelter inflation has been a problem. he wants to show how to get affordable housing in the system. medicare negotiation, you've seen some of these domestic priorities before. but also cutting the federal deficit and moving forward here on some of the other pillars, i think, of the biden view on the american economy. there's -- these are things -- it's a lot. it's a lot. but the person who is in charge of fighting inflation is less the president and more the federal reserve chairman. and that's why you're going to have that important meeting today. >> he says in his op-ed, the federal reserve chair handles this. and i'm not going to mess with him. unlike my predecessors, i'm not going to mess with him. a lot of what biden talks about is sort of the old build back better agenda which i've not sure is viable. >> we know that was torpedoed because of inflation. anything that goes forth, if there's a risk of increasing inflation, we'll see likely the same thing. it's no surprise this is happening the day after memorial day, after people traveled, barbecues, everything on the roads. the president is attempting yet again to signal this is an issue and he's doing what he can but to christine'soint it's largely within the domain of the fed. the fed chair powell said listen it's his priority and he will act swiftly at this point. of course, the concerns and criticism is that he waited too long. >> did he wait too long? >> yeah. in hindsight it's always 2020, there was a covid fog and you can remember janet yellen saying it that inflation could go to 3%. and way higher than that, how many times have you heard the term -- transitory. there are a number of things that came together. for example, i keep using rental car prices. that's not the president's fault. that's not the fed's fault. that's because the pandemic stopped rental cars -- the business essentially, the company sold off their fleets and now it costs a lot of money to rent a car. that's just one piece of it. you add that 20 or 30 times disruption like that because of covid. and invasion of ukraine right now, that's why you have the sky high prices. you know, they were dealt, the fed and the white house, frankly, dea

. >> christine o'donnell. >> christine o'donnell. i get it. i understand where the trends are. but when you have a herschel walkerton ticket, when you have a conversation between mccormick and mehmet oz, when you're talking about ted budd, even charlie dent will tell you, i believe, that mehmet oz and mccormick are not the strongest general election candidates who ran for the united states senate tonight. ted budd is not a stronger candidate than mccrory. you have a thousand candidates better than her shall walker, but this is the impact. >> let's let him in. >> what harry just said i agree with. >> do you agree with me too, though? >> let me get to harry first. harry is right. republican anger and energy is high. it's the midterm dynamic. and what you're seeing is republican enthusiasm is higher than the democrats. just as democrats were in 2018. you don't need to be a statistician to figure this out. it's a midterm. democrats are on their heels. and nothing surprising. now you're right. i think you could make a case that there could have been stronger candidates on the republ

fans are excited and so are the small businesses that depend on the kentucky derby like christine more. christineou as a small business owner making beautiful hats like the one we are wearing to have the derby back in full force, no restrictions? >> it means a lot. there's no end to the demand. people are willing to pay any price to get what they want and are excited. it is wonderful to come back this quickly, fast and furious. >> reporter: is a big boon for the louisville community, this generates $400 million and it is amazing but you are based in new york city telling me about labor issues during the pandemic. >> the demand, the supply, it is not material, it is labor. we hire artists and a lot of freelance artists left the city because there was no work. the problem is not that we are not getting resumes for people in the city. they are coming to the city but are not here yet so we struggled on getting enough merchandise out. >> reporter: you've got a lot of events coming up, this is the first leg of the triple crown. we have the preakness and the belmont stakes. thank you, thank you for outf

christine romans and jana smilek, christine, first to you, so inflation is the worry, and then the fed's reaction to inflation raising interest rates making money more expensive for things like buying houses, paying your credit card bills. listen to what jerome powell had to say and a sense of what this means. have a listen. >> what we need to see is inflation coming down in a clear and convincing way, and we're going to keep pushing until we see that. >> any signs of it coming down and if not how long are we going to see them raising rates? >> it means more interest rate hikes are coming. the cost of borrowing will continue to go higher and there is this other fear, that's what we saw in the stock market yesterday, this other fear that the fed maybe hasn't got this quite right yet and doesn't have a handle on the situation and that could tip things into a recession in the u.s. it is not a certainty a recession, but the odds rising and more high profile market analysts have been saying the risks are rising. the same time you got energy costs that are biting into consumer sentiment. you got a war in ukraine, you got covid lockdowns in china. supply chains still pretty messed up. so there are so many cross currents, any one of those would be destabilizing. all of them at the same time, i think the bottom line here is the path of least resistance, the stock market isn't up anymore and investors have to adjust to the new set of circumstances. >> gina, why didn't the fed see this coming? it has been a cheap money environment through a hot economy for years. beyond democrats pumping a lot of money into the economy with covid relief, republicans pumping a lot of money in the stock market with tax cuts, corporate tax cuts that did lead to an investment boom, did lead it a lot of stock buybacks, but why did the fed this is their job, not begin to bring up rates and keep them so cheap for so long? >> i think it is so important to remember sort of where we were prepandemic. and understanding the answer to this question. so before 2020, we had gone through years of really low inflation that was actually so low that the fed was worried that it was going to become destabilizing. and so i think when we got through the pandemic, they were very much trying not to choke off a nascent recovery and trying to allow the the recovery to gallop ahead at a pace that would put inflation higher. they got more inflation than they were hoping for thanks to big fiscal support coming from the elected government, combined with supply chain disruptions that i don't think anybody anticipated. he would weren't all expecting a massive car shortage last year. i think they will admit they'll be the first to admit they should have raised rates sooner, but i think in the moment, given the conditions they thought they were working with, they thought they were taking a prudent course. >> christine of ceos, pretty darn grim outlook, right? 68% expect recession, 68% think conditions will get worse, 54% think costs will be passed on to consumers. that's a big switch just in a few weeks' time. what does it mean? >> it is their job to worry, right? they're worried about the shareholders, about the employees, they're worried about profits and there is no road map for this. no playbook. you saw in those walmart earnings, saw in the target earnings that inflation and supply chain and labor costs are really starting to come home to roost for their profits. and that really was worrisome for so many other executives and c suite people who are watching all of this. but for regular people, for those of us who are buy and hold investors, jim who have money in a 401(k), i want to be really clear. if you have the s&p 500, that broad benchmark, you lost about 14 months of gains, but you're still up dramatically from the last crisis in 2008. the nasdaq, tech stocks have done much worse, they're

christine romans and john harwood joining us. christine, first to you. let's look at these new numbers. what do they tell us? >> reporter: inflation could be cooling here. the fire is not out, as one economist told us this morning. fire is still there, but at least the flames are not as big and that's really, really important here. over the past 12 months, inflation, 8.3%. that is a headline decline from what we saw last month and looking month over month, 0.3% increase in inflation and in prices from march to april and that, again, is a little bit cooler. this is what you want to be seeing. you could see on this chart, the huge spike up that everybody felt at the gas station, the grocery store, in your rent. whatever you're trying to do costs more money over the past many months. we're hoping now this might signal the peak. looking within these numbers, gasoline, 43.6% year over year increase. we know last night, a new high for gas prices. nominal high at least for gas prices. that's not captured here. you can see used cars. anybody trying to get a car knows what that is like here. food and shelter increases there. this is something that's a problem for lower income americans and i was digging into air fares. rebound of the pandemic. up over the past three months. more than 10% above where the pandemic began because of higher jet fuel costs and american consumers are coming out of a two year covid crouch and they want to spend their money, they want to travel. so a lot of this is pandemic-related, supply-chain related and hoping this might be the first stigns of cooling her. >> democratic administration adviser, he makes the point that core inflation, however, in these numbers remains high and even ahead of the previous pace. is that something economists are concerned about? >> everyone is talking about that. that little 0.6% number. a lot of people are talking about that. one month does not make a trend, and john and i say this all the time, but we've been looking and scouring for any signs of peak behavior in these numbers heading into the summer, so we'll have to just wait and see what the next one looks like. >> john, what is the president's message following this report? i don't imagine they're going to be holding any champagne parties based on a slight tick down. >> reporter: no, but i think what they're going to do, jim, is seize on the positive parts of the number. this is a report where you can find good news or bad news. yes, it appears that inflation has peaked. the problem is, it's peaked at a relatively high level and the nature of inflation is changing. we see during the pandemic when people couldn't go out and do things, they spent a lot of money and pandemic relief money on goods. that's what created all that supply chain problem. now, the spending is shifting back towards services and pushing service prices up. that's a problem because services are a larger part of the economy than goods. so, i would expect the president to talk about the peaking part and the idea, which i think most economists share, that inflation is likely to decline this year, to taper off. the question is, given how high it is right now, how low can it get? does it get down to 3% or 4% by the end of the year? that would be an improvement over the current situation. but you still got the specter of the fed coming in to take stronger action. could push the economy, not this year but maybe next year into recession. so lots of challenges for the administration here. i think they're going to take the half full part of that cup. >> john harwood at the white house. christine romans, thank you so much. >>> now to politics. overnight, mixed outcome for two candidates who, among other things, had former president trump's endorsement. in west virginia, alex muni projected to win the gop nomination in the second congressional district. >> in nebraska, however, cnn projects will beat charles herbster in the primary. from charles town, west virginia this morning. what's the larger picture this morning? >> reporter: good morning, erica and jim. the republican party is still working on redefining itself in this post-trump presidency era and while it's clear that the former president still has an enormous grip on the party, it's also clear that it's not absolute. particularly, when trump endorses a candidate like herb ster who is facing a slew of sexual misconduct investigations, which he denies. what's interesting about both of these races, they were both similar proxy wars. however, they yielded different results. when you look here in west virginia on one side,

christine sevillano: from 1700. >> stahl: 1700. >> sevillano: yes. >> stahl: christine sevillano took over the family business and its 20 acres of vines 14 years ago. she's the tenth generation. >> sevillano: this is the cellar of my grandfather. >> stahl: oh. after surviving the french revolution and two world wars, her family's house of piot- sevillano faced its worst year ever in 2021. >> sevillano: we lost 90% of our harvest. >> stahl: 90%? >> sevillano: yes. >> stahl: how many bottles were you able to produce this year, as opposed to a normal year? >> sevillano: a normal year, i produce around 40,000, 50,000 bottles. >> stahl: and this year? >> sevillano: zero. it's the first time in the history of my winery that we will not make champagne. >> stahl: not a single bottle from this winery? >> sevillano: yes, yes. >> stahl: higher temperatures and extreme weather episodes devastated not only her harvest, but much of champagne's. >> sevillano: it rained in two or three days that it rained normally in one month. even my father told me that in his career he has never seen that. >> stahl: almost flood-like? >> sevillano: yes. >> stahl: the worst of it, she says, came in june and july, when the heat and the rains resulted in a more crippling outbreak than usual of funguses, like mildew contamination. >> sevillano: in fact, when the grapes are contaminated, the-- the fruit is drying. and after, we can't use it, because there is no juice, nothing. >> stahl: and you attribute this to climate change? >> sevillano: yes. because it was so extreme. it's not normal. >> stahl: last year's extreme weather not only battered champagne and the foundation of its economy, but nearly every one of the wine-producing regions in france-- burgundy to bordeaux, where some of the highest quality, best-known and best-tasting reds and whites are made. and these are what grape? what, what-- >> jacques lurton: this is merlot. >> stahl: merlot! i love merlot. >> lurton: yeah, merlot makes a beautiful, soft-rounded wines. >> stahl: jacques lurton, the head of a wine family dynasty, runs the chateau la louviere and several other wineries in bordeaux. he says vine disease is getting worse all over france because of the rising temperatures. >> lurton: we don't have winters anymore, almost. in wintertime, normally you get colder conditions. these cool conditions tend to kill the funguses or the disease. so normally, winter cleans the situation, you see? but the most important problem that we have is what we call spring frost. >> stahl: spring frost was so severe in april last year that winegrowers were on their knees lighting bales of hay and candles between their vines in a mostly futile attempt to protect their young buds. >> lurton: it is the largest catastrophe we have ever suffered. because, before, we had some spring frost in some regions, but this is the first time we have it all over france. now, due to the fact that we don't have these very strong winters, the buds start to open, and then expose themself to this series of spring frost that we have. >> stahl: and that is the crux-- >> lurton: and that, you see, is what affect the most the quantity of the grapes. >> stahl: so, tell us about this year, in terms of the amount. >> lurton: in average, in france this year, a loss of 30%. >> stahl: 30% of the yields. and what about you? what's your percent? >> lurton: and us, we have been affected up to 40%. >> stahl: so, you're one of the largest wine producers in bordeaux. 40% loss. i mean, that's enormous. >> lurton: it's huge. it's huge. >> stahl: for bordeaux, he estimates a loss of roughly $800 million in sales last year. is this something that's happening all over europe or-- or just france? >> greg jones: no. it's happening all over europe, definitely. >> stahl: greg jones is a research climatologist with southern oregon university, who for 25 years has specialized in the study of how climate influences the growing and harvesting of wine grapes. >> jones: what we're seeing today is, we're seeing more of these extreme events happening more frequently at greater degrees and causing more problems. >> stahl: yeah, we see it everywhere. it's not just in farm regions. i mean, every part of our country is experiencing some extreme weather condition. so, how do you know it isn't that "normal" extreme weather, as opposed to a general climate change? >> jones: there's an area in climate science called attribution science.tribn nc a ouyio oan understand how much role humans have in the game of climate. so, the idea-- >> stahl: or who to attribute it to, okay. >> jones: yeah, yeah. so, what climatologists do is, we develop models that look at aspects of climate. and those models that are coming out are really telling us more and more that, in the absence of humans, most of these things would not occur to the same degree they're occurring today. >> stahl: tie what you're saying about climate to what's going on in france now. >> jones: sure. in-- in-- in france, just like most of europe, temperatures have gone up. summers have gotten dryer. and wine grapes are just sensitive. they're sensitive to those kind of changes, and-- and we've been seeing it worldwide. and europe has been at the epicenter of it. >> stahl: this weather map of europe for june 2021, the second-warmest june in europe on record, shows a red band depicting high surface air temperatures stretching across much of the continent. heat waves were also recorded over western north america in june 2021. scorching temperatures and drought conditions contributed to wildfires in 2020 around napa and sonoma, the center of america's wine industry, where fields were left blackened. in australia, the bush fires of 2019 and '20 burnt some vineyards to the ground, while smoke ruined the quality of the grapes. in 2017, in italy, spring frost, combined with hailstorms and a heat wave known as "lucifer," led to the lowest harvest in decades. particularly hard hit was northern and central italy, where prosecco, barolo and chianti are made. and in parts of chile and argentina, higher temperatures are pushing wine-growers to plant their vineyards at higher altitudes, where temperatures are cooler. greg jones says the warming atmosphere is also changing the grapes' growth cycle. >> jones: it accelerates that ripening to the point that we're picking earlier. for example, 2020, in burgundy, the picking date was august 20. and prior to that, we've been averaging for the last 30 years, about september 15. and then, for 600 years before that, we were averaging the end of september, first of october. so, you can-- >> stahl: oh, so it's dramatic. >> jones: so it's pretty dramatic. >> stahl: these pages of parchment, documenting harvest dates going back as far as 1354, were found in the church of notre dame in burgundy. 1354. >> jones: it's a wonderful data record that we've been able to look at to better understand what climates were like back then, how it affected harvests, and what that looks like today. >> stahl: i'm smiling because i'm thinking, 1300s. i'm thinking, the monks were making wine. >> jones: well, exactly. >> stahl: the wine industry in france is so vital to the economy that the government has scientists studying ways to adapt and mitigate the changing environment. one route to adaptation is to introduce new grape varieties. experimental vineyards have been planted with vines from warmer- climate countries to see if they can grow here, so the grapes can be blended in with the merlots, cabernets and other french wines. nathalie ollat is the director of the project at the bordeaux science institute of vine and wine. so, you're looking at grapes that come from southern regions that maybe grow better in warmer climates? >> nathalie ollat: yes. >> stahl: like from where? >> ollat: from spain, from portugal, from greece. >> stahl: how many are you actually looking at? >> ollat: so, in this experimental vineyard, we are studying 52 different varieties. >> stahl: they've chosen six of those varieties thus far to be planted in bordeaux. so, this is your greenhouse? >> ollat: yes. this-- it is. >> stahl: a second route of adaptation is genetic breeding. are you actually creating new grapes; new, different kinds of grapes? >> ollat: yes. the idea is to have grapes, new varieties which can be resistant to disease and also more adapted to climate change condition. >> stahl: and do not compromise the distinctive qualities of the french wines. athe institute's labor scientists are stug the genetics of wine's color, aroma and taste. and that's what you're trying to preserve even as you introduce new grapes? >> ollat: yes. i think we-- we want to change without changing, i would say. >> stahl: yes! how confident are you that you're going to crack the puzzle; you're going to figure out how to stay ahead of climate change? >> ollat: all together, with new varieties, new growing practice, i think we can-- we can cope with climate change, at least until the-- the middle of the 21st century. >> stahl: the middle of the century is only 30 years from now. >> ollat: yeah, yeah. >> stahl: so, you're looking at how fast temperatures are rising, and you're saying it's possible that they will rise above a point where you can't... >> ollat: that it-- it-- it will be much more complicated to keep what we call bordeaux style and bordeaux taste. >> stahl: with all the gloom and doom about warming temperatures in wine country, there's actually a surprising upside. what about quality? what about the taste? what's important about wine? how is climate change affecting that? >> lurton: alors, the climate change is affecting the quality very positively. >> stahl: positively? >> lurton: yes, ex-- exactly. we have never seen such a large quantity of good vintages of bordeaux wines. >> stahl: well, explain that. that's counterintuitive. >> lurton: thanks to the global warming and the climate change, now we have warmer summers and which means that our grapes are ripening better. if we get good, warm conditions, we have good color quantity in the-- in the skin. but, as well, we have the right amount of sugar. >> stahl: what a painful irony-- the taste improves just as the yields are shrinking for winemakers like christinemore quality, but fewer grapes. dramatically fewer grapes. >> sevillano: yes. it's crazy. >> stahl: if you have another year like this one, financially, can you survive? >> sevillano: it will be difficult. really, really difficult. but at the same time, i'm trustful for next year. i mean, i'm trustful. i have to. >> stahl: improved taste is not the only unforeseen benefit of climate change for some winemakers. how it's affecting the bubbly you are likely to enjoy at the next celebration or romantic dinner, when we return. 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christine wilson is, obviously not here in her chair, she is here with us, hi, christine, she is here by zoom. she could not join us because of covid related reasons. we are delighted that she will be here over zoom and can participate. i want to turn it over to maureen. as i have done with every other session. i will not read your whole bio here. i will refer again to the program. you are welcome to do whatever you wish with the other two commissioners, but i do want to say, number one, i am delighted that maureen is with us again because, i say again because we have been grateful you're participated in the past events. you did that when you are commissioner at the federal trade commission, as well as acting chair of the federal trade commission so it is hard to think of anyone that is more qualified to moderate this last session than you are. so with that, i will turn it over to maureen. thank you. >> thanks so much, randy. i am delighted to be here a particularly honored to be interviewing two ftc commissioners. .... .... >> . >> i supported the issue of the request for information and as we expect when the rfi itself is issued to have a long history those recollecting for the stakeholders so we agree that it is a good thing to revisit those merger guidelines to make sure that they reflect down economic analysis and other emerging forms of competition in the industry and then we welcome with respect to the changes that would ensue because something like those 1900 comment submitted so far we have listening sessions so in some ways we're still collecting input from stakeholders. with respect to the changes we might see if you look at the rfi come it appears that there is some assumption they can to the question that i believe those assumptions are problematic so i would very much appreciate a couple of topics i would mention now but that was issued in our statement does rfi talk about how those mergers made it more difficult for the rivals and this question is clearly equating the rivals to the competition we have decades of precedent indicating to protect competitions and not competitors so that assumption made is worthy of discussion in the comments. >> there appears to be an assumption that they typically generally do not and this is a worthy area of inquiry. it is good and right to collect information. it is contrary to contrary evidence of i look forward to reviewing those public comments hoping that we can have a collaborative discussion with my colleagues at the antitrust division to ensure we reach a sound sustainable guidelines with the precedent of sound economic analysis that the only way that would be durable and useful. >> thank you commissioner. there is enormous interest because it applies across the board to every industry. those comments also highlighted the issue do you think they need to have greater scrutiny especially in digital markets? >> it's a great privilege of my life to have opportunity thank you to the freestate foundation. i want to echo the qualifier but i will say it is just my view and not necessarily the view of the other commissioners as noted the two of us do tend to agree that although not all of us agree on everything. maybe the qualifier can be shortened in the future. >> comes from a great article about acquisitions not only the tech space but the pharmaceutical space. what they noted is if you look at the development of drugs over time, drugs that seem to have potential competitors , where the deal to acquire them, it was not getting notice to the agency they were seeming not to develop at a much higher rate so then there are times when one company will acquire another with a product in development and then they cancel the development there are a lot of reasons that the statistics or something in the article is worth reading. but the place i would start it's not just big tech the one that had coined the phrase killer acquisition is about the pharmaceutical space drug development and drug manufacturer. do we need to be looking at acquisitions of competitors? absolutely. and look at the last two years and case after case we are concerned about this dynamic sometimes the competition will come not from another company that looks like the incumbent that from a smaller nation competitor. 's we don't have decisions recently on the specific issue but for us to take that and reflected in the guidelines and not know where i heard it first i agree with the sentiment and explaining to parties into the public what it is we're doing. and then to look at that experience in greater depth. >> that was brought up as the acting chair. >> so right now i went to turn to some activity in congress it is considering bills to impose new obligation on a small easily identifiable group period with large penalties for violations and the ada just wish it issued comments raising concerns about the bill and cautioning against from the antitrust law to protect the competitive process overall rather than a certain set of competitors against others. so commissioner do you think they could move away from the consumer welfare focus to more of a serious approach and what are the risks and benefits? >> and problems and competition from the legislative perspective so broadly speaking is the model where we have rules intended and the clayton act and those are rules that are generally general and we also have examples in history of more specific application and then regulation look at a particular market we need a rule and a lot help accomplish this and what's interesting about the proposals you are discussing so they have a very different tactic. so there is a conduct and when certain companies do it and not a particular industry and business conduct. >> so it's clear because of the rhetoric and how the bills are drafted so i would start from the premise that whatever is being done is not really about the competitive process or competition it's about identifying a set of terms and here are things you cannot do everybody else in the market is allowed. that is an approach to policy so we start with definition and then talk about big tech. and these four or five companies but for the most part they are different businesses. apple business is very different from facebook but for the most part we are talk about establishing a similarity of these companies for purposes of legislation very big words like gatekeeper and that's we get that conversation. >> like you have a monopoly market? [laughter] for example and that businesses need guardrails understand the rules of the road and right now states with conflicting opinions about what the guardrail should be with that national regime also with conflicting ideas. so in order to how to comply with the law so i do believe it's necessary to federal privacy legislation and i tend to be pollyanna but i'm more hopeful than i have been because i hear there is a concerted push and that would be wonderful especially in the current environment it's important for congress to make the value judgments with privacy and data security and how that gets balanced. that's a lot that they can do in the interim with privacy practices are unfair or deceptive and then to have jurisdiction under a number of other laws like the children's privacy and then we have a body of consent that provide good rules of the road taken together and that is the common law of privacy in the united states so we can continue to apply the existing precedent that we have and i would welcome that if we have federal privacy legislation that provides the guardrails for what our jurisdiction is and how the law needs to be enforced. it is appropriate for congress to make the value judgment but i do believe it is appropriate for congress to delegate to the ftc's certain rulemaking authorities on these issues as it has done. so i hope we see federal privacy legislation and i will do what i can to get that across the finish line. >> . >> we will see if this is the year. said that interest of using ftc to variety of topics including advertising. expressing doubts of the ftc's authority i was hoping you would share your thoughts with the audience. >> the simple version is it is illegal and unconstitutional. why? let me start with the illegality. there is a clean that eager beaver lawyers in the sixties tech a statute in 1914 gave us broad regulatory power across the country with the exception of nonprofit. i don't think that's right. they were very smart lawyers and he managed to persuade the dc circuit that this was so back to read that opinion and the judge year not sure we looked at the legislative history it's not clear but we have a strong presumption in favor of regulatory power for agencies because that's more efficient and effective, that opinion looks so different from the major questions doctrine today. think about what the supreme court wrote with the vaccine mandate for the eviction band the courts are clear at where congress wants to pass agencies of broad regulatory authority have to be clear, and it's clear from the dc circuit opinion congress was anything but clear. it's important to understand and we need to look no further that all of the different ideas that folks think they can put into competition. why? because it is safe on unfair methods of competition and the ftc with through a policy statement putting very basic limits on what they might need and this is the democrats had the majority they recognize no limits to their authority of the place to labor and premise to close in commercial surveillance whatever that means and on and on. why are unfair methods of competition interesting? like the national industrial recovery act and the new deal which the supreme court said constituted had unconstitutional delegation of authority from congress to the administrative agency so broad and so much power that congress was literally taking legislative power vested in the article one in the constitution and just giving it to an agency that was the national industrial recovery act. our statute says unfair methods of competition but the court in the thirties had no idea in the sixties ftc lawyers would discover regulatory authority. so not only is this to assert a lot of rules that one of the complaints against the antitrust reformers is that over the years telling us again and again take a look at the conduct and understand the cost and benefits not just to say that looks bad. so on the substantive level a claim to make these rules but the court says that underlying substantive going back to justice brandeis so depending on what they do in addition to the statutory problem in addition to the constitutional problem there can be a substantive problem. >> that will be quite the feast for constitutional lawyers if the ftc moves forward in this area and in addition to those antitrust lawyers. i know we are running short on time but it is a secret there are sharp disagreements with the bipartisan approach over the past four years that was certainly my experience when i was at the ftc even the staff has expressed their concern. so commissioner wilson you gave a speech explaining your view this was not only a different style but more fundamental difference philosophy. would you be willing to provide some highlights? including commissioners to be a collegial and bipartisan that makes the community such as special place and then providing me with those opportunities of the entire career and chief of staff and then in the law school i have seen in the commission several different levels of perspectives from i was in private practice and then you indicated the federal employee survey would issue with those dismal results. from a disdain marginal and that is one data point and then to have a broad consensus how to apply the antitrust laws for many decades and then we crown the analysis on sound economics. and of course that arena has evolved over time it isn't static as we indicated in for those merger guidelines we want to see new learning inc. it is a constantly evolving area of law as it should be. and first we have calls to for the consumer welfare standard in the better deal for senate democrats and now those who are in the white house arguing and then to arrive at the ftc with the staff over the last 40 years and then we saw the arrival of a complete disregard and then not to mention complete disregard for staff and other developments so i must admit i was a bit mystified i put my old political science books off the shelf. and then i began to realize and then the worldview. i am not trying to be inflammatory better process in a scholarly way. and then the parallels i may be seeing. and that is an attempt to do that. and as a tool of the ruling class and critical legal studies case have a similar perspective. and here is the upshot. and those of the community labeling the federal trade commission the antitrust community at large in the ftc staff specifically but then also as corrupt which is also reprehensible and due process is a subset of the rule of law and to see the notion of due process escapes on the road to justice. and then the approach to governing the ftc. commissioner phillips and i with those items at which we have no transparency and are unable to get information and documents from staff and that due process afforded to other stakeholders similarly. and that notion of due processes and is just a tool used in that may explain some of the behaviors we see governing the ftc. and then how it can actually draw back and then that item is valuable. and labor has been poured into it, then a decreased price is best buy s-uppercase-letter. and then reaping the rewards so if you read what marquez said about constitutionalism. is from the capitalist of the workers and then ultimately they will revolt. and then just for those deficiencies. and then with respect to consumers we hold consumers to be the attention of the antitrust enforcement that labor has now been substituted and consumers take a backseat and that is very much in keeping with the approach of critical legal studies with respect to consumerism and the commoditization with the serious value and then if you go back and look they view it as moving through different phases and every subsequent phase is superior to the one that we just passed through and actually it is good because it leads to progress and may be the reason to be so viciously critical of the ftc commission and staff and the reason chair, and has been so disdainful with those survey results is because they don't care if the ftc gets trashed because they believe that progress is right around the corner and it pains my heart to say i love the ftc community i think it is a community of american consumers and i find it reprehensible when they attack staff as lazy and corrupt because there is not a harder working group of people in the federal government. >> thank you commissioner there are so many interesting topics but i have to turn it over. >> thank you to the commissioners don't anyone go anywhere for a couple more minutes before we have a chance to say goodbye because i mentioned earlier that we have a tradition to have a couple of questions that will be important to me over the years. so those of you in the audience come you can formulate a question in your mind and asked two questions really. i have read the article myself as a terrific scholarly article review agree with all of it or some of it you will learn a lot by reading it. i commend you for that. in fact when i was reading it i thought this is a future think tank for sure. maybe with the free state foundation but on other days i want one of you to explain to the audience just to make a connection you kept referring in your article and explain for someone that may not know the connection, i assume you are referring to louis brandeis. what does that term apply to you? and secondly it is important to me the topic of the nondelegation doctrine those constitutional issues for agencies with the major questions. i appreciate. commissioner wilson do you agree with what commissioner phillips said regarding that questionable constitutionality with the unfair methods competition? and also explained that we are on the same page what you are referring to you can answer the question about umc first. >> i will say i agree with everything that was said about the constitutionality looking at the failure of heavy-handed regulatory regimes in the united states we have a lot to learn from this lesson it was an increase the price because the decrease of output because they prefer arrivals over competition so for that reason as is articulated that's not a road that we should travel i'll let you handle that questions. >> so the point that needs to be made i think it is bad idea that this vision is that we can just regulate more and more we will have better and better is not borne out by history but the way they talk about rulemaking there is no indication to suggest that whatever be the result in particular so obviously this is a reference to the movie brandeis as an advisor to president wilson instrumental setting up the ftc but it is a title and a label that a group of people have been that it is fair to say leaders and advocating for dramatic antitrust reform with new regulation in the economy have adopted toward themselves and also includes tim will at the white house and barry lynn is the apex from the open market institute that is the group josh had a different term but they have used the word neo- brandeis i like to give them the names of the choose for themselves in the sense of looking at large private institutions and with more distributed power they are like brandeis to listen some of those policy proposals from that jurisprudence when he was in that position there is some real distinctions between the two. >> that's helpful to me and others because the term as you so much now so if someone reads as raise your hand they may want to know what they are buying into. that's good. if anyone in the audience has a question willing to entertain as i said before, and the questions are better for statements and then to the back. >> please identify yourself. >> high-level given 100 years ago there were properties of cocaine and coca-cola and now fast-forward to today we know mobile phones and mobile phone apps are creators that they hire neuropsychologist to make them more sticky what are the odds there are labels around that. >> it's hard to assess odds where the providence of such a rule and one of those issues tackling with privacy or other uses potentially is the information symmetry that consumers may not understand fully what they are engaging in and one of the things i we start would be useful is to look more carefully at the labels to understand what are ways we can get good information out to people? who do this in other areas we think of food. maybe is not efficient for me every day to examine each label. if that cost is fairly low that can be beneficial. allowing consumers to shop across products what are you doing with your data? and have them nutrition labels to take complex subject matter to boil it down. and then to create market where they may not naturally arise. so what constitutes addiction or what should be regulated i remember i was growing up my father said don't watch tv and then said don't play nintendo it's addictive i said i don't care. but then we label at that and then seek to apply labels i think we should leave that for another day but definitely there is a lot of people focused on why people are so attached. >> we will continue the discussion when we close out i have a contract that relates to the 2:00 o'clock our. [laughter] but ask your question but then nobody leaves. >> should the senate and house convene a special committee to investigate potentially un-american activities you have identified from the ftc at the white house? >> commissioner? >> yes i had the question. thank you. i am attempting to understand the data points that i see and when they sent all decisions are political it seemed appropriate to me to understand everything she has written because she said all decisions are political. as a political science major and in attempting to orient myself. >> christine has not yet said when she leaves the free state foundation i'm sorry the ftc she wants to join the free state foundation. >> we appreciate your scholarship and participation. before we give a round of applause i went to and by going back to what i said this morning which is when we have the's events and then the work at the free state foundation we definitely have our own set of principles and preferences and predispositions but we value having others opinions represented and heard with these types of discussions but i don't want any difference of opinion over the last four and half hours that we have been here there has not been any other place in washington over the last week where there has been such a stimulating discussion among so many great speakers about so many important issues. i believe that is true i want to thank all of the people that spoke earlier and now join me thank you to maureen for helping to moderate the panel and of course mr. wilson as well. so thank you and th

christine klein as the hired by it's christine hardman. so it's just the name. >> which number. >> personnel report. head of hr is ms. hartman certificated or classified. >> i'm sorry what what last name to what last name? >> >> it is the first page of the class tied, the certificated actions report. recommended appointments. okay seeing that corrected under item 8 personnel resolutions. any items removed for first reading by the board? sorry, number 8, 10, 11, 21, 22. --31, 32. any items severed by the board or superintendent for discussion or vote tonight? >> i think that's what commissioner shu wanted to do. >> anybody else? >> did you have one? >> i think that's commissioner shu not for first reading but for discussion vote. >> so for claire figuration, 8, 10, 11, 3132 or severed by the board for discussion. vote tonight. so at this time, i would like to call on roll call vote on the consent items minus for those five. >> commissioner alexander. >> yes. >> invite president bogus. >> yes. >> commissioner shu. >> yes. >> commissioner >> >> yes. >> shan sez. >> yes. ward >> yes. >> president lam. >> yes. >> 7 ayes. >> okay, commissioner shu on item number 8. yes item number 8 actually right under christine klein, that list is erika lingral and that online program assistant principal. i thought we were not having that anymore. and this is for the next year, this coming year july 1, 2022 to june 23. >> that is accurate that position was filled and it was not removed in error. >> so it should be removed? >> yes, that should be removed. >> yeah on 8 also i would like to have a discussion in closed session about the teacher from flynn if that's possible. >> the name and the teacher. >> sorry. >> christina flores. >> so the motion is to sever and move this item to closed session? >> second if necessary. >> it is necessary and i would just caution board members that you did delegate this to the authority so this would be a deviation from your rules. >> so just for clarification on the severing of the what was brought up for by commissioner shu, is that accurate? superintendent? >> yes. the board decision yes. >> can i ask a question about that. in fairness to the person in question here. what

christine lagarde's timetable for hikes. colleagues want to move faster. more from our exclusive interview with christine lagarde. this is bloomberg. >> we are at the turning point. we have all of the components in place for that. we are turning our back to negative interest rates. we are moving very likely into positive territory at the end of the third quarter and then of course we will calibrate. we will establish exactly by how much we want to do that. francine: when you talk about no longer negative rates. does the market understand this could mean positive rates? >> when you're out of negative, you can be at zero or slightly above zero. this is something that we will determine on the basis of our projections, on the basis of our forward guidance. i think there are good reasons to believe that all three conditions will be satisfied in june and further on during the summer. francine: where are we in the third quarter? could we be above zero in terms of interest rates? is that the trajectory? >> what i'm saying, i stick to. we will be out of negative interest rates most likely before the end of third quarter. francine: how do you see inflation developing now, because there are so many unknowns because of the war. >> there are lots of forces and some of them, you know, counteracting against each other. you have the war which in and of itself is an absolute drama and has much economic impact not just in the ukraine and russia but the rest of the world. energy prices have gone up significantly and present a big chunk of inflation. we have food prices. a whole series of things weighing on growth down and pushing inflation up. francine: how likely is it that the eurozone goes into recession? >> we don't have that as a baseline. we do scenarios and we have the negative, the adverse, you know, various alternatives there on the basis of hypotheticals such as boycott of oil, interruption of gas supplies. that would have a negative impact on the economy. tom: that e.c.b. president christinearde speaking to francine lacqua at davos a little earlier. those comments moving the markets when it comes to euro-dollar. the highest level you have seen since april the recession is not the base case for the e.c.b. and saying the central bank is not behind the curve at a negative rate by the end of q3. nasdaq futures lower by more than 2%. "surveillance" up next. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ xfinity mobile runs on america's most reliable 5g network, but for up to half the price of verizon, so

christine lagarde's comments here. obviously, they have to balance not just inflation concerns but for in ukraine as well. kathleen: certainly, and they are worried about the impact on the economy. basically, christine lagarde is speaking with the consensus. the consensus is looking for a 25-basis-point rate hike in july and another one in september. that would get their negative right back to zero. at the june night meeting, that is where the big debate is going to occur. they are expected to officially end on purchases and give us the groundwork. there is a smaller consensus among the hawks that the ecb may have to consider rate hikes by 50 basis points. christine lagarde said in the last 50 days in dollars that she thinks inflation is more of a supply problem, not so much a demand problem. supply shocks, all of that. the dutch central bank governors says 25 basis points unless inflation gets out of control. the head of the austrian central bank says he thinks it is appropriate to do 50 basis points and anything less than that would be perceived as soft. but that is still the minority view. you start the hike, do 25 basis points, 25 basis points, see where you are then, and i think you are wise to point out they will see where all this upheaval that affects europe so much more than it does other countries -- they will see where it is then. yvonne: the fact that they are even exploring a 50-basis-point hike is interesting and something we have not seen for some time. we will have more with our interview with christine lagarde from davos, just wait about 10 minutes' time. david: to kathleen's point, it is really inflation and answering inflation

christine lagarde, the former trade minister of france and now ecb president speaking to francine lacqua. i remember the day christine lagarde lectured me on do not make jokes about french bread. i was at a french government gathering and they flew in a book -- a bunch of fancy bread people from paris and i made some kind of joke and she looked at me. lisa: what did you say to get that morning? it was not unwarranted. tom: christineagarde holding court in davos. we welcome all of you on radio and television. to give you one moment 15 years ago, i remember looking down the long corridor work of the congress center at the rich and the fancy with the strange things in their hands. they were cell phones. it was before twitter, it was before this, and it was before snap. snap is having a bad day. lisa: shares down almost 30%. the reason i find this so interesting is it is not just one company, there is a larger story. the ceo came out and said the macro economic backdrop is deteriorating much faster than previously expected, and this echoes what we are hearing from other executives. how much does this be to a slow down that has not been picked up? matthew bloxham joining us now. we are seeing shares of all social media companies drop about $100 million in market value. at what point is this a bigger story? matthew: i think it already is a bigger story. we've been hearing about a slow down in the economy for some time.

christine told block wall that europe is at a turning point. -- francine lacqua that europe is at a turning point. christine: we have all of the components in place for that. we are turning back to negative interest rates, moving very lightly into positive territory at the end of the third quarter. and of course, we will calibrate, we will establish exactly by how much we want to do that. >> when you talk about no longer like -- negative rates, could this mean positive rates? christinewell, you know, when you are out of negative, you can be at zero or slightly above zero. this is something that we will determine on the basis of our projections, on the basis of our guidance. i think that there are good reasons to believe that all three conditions would be satisfied in june and further on during the summer. >> where are we in the third quarter? can we be above zero in terms of interest rates? christine: what i am saying i will stick to. we will be out of negative interest rates most likely before the end of the third quarter. >> how does inflation develop from now? there are so many unknowns because of the war. christine: you know, there are lots of forces and some of them, you know, counteracting against each other. you have the war, which in and of itself is an absolute trauma. and it is not just in ukraine and russia, but for the rest of the world. we have energy prices which have gone up significantly and presents a big chunk of inflation. we have food prices. the

with laura jarrett and christine romans. [ speaking foreign language ] ♪ >>> welcome to our viewers in the united states and around the world. it is monday, folks, may the. i'm christinei'm laura jarrett. how was your mother's day? >> it was nice. how was yours? >> very nice. we have a lot to get to this morning. we begin with vladimir putin delivering a defiant speech a short time ago in moscow's red square right before a military parade marking the soviet union's defeat of nazi germany in world war ii. putin defended russia's invasion of ukraine claiming the west was creating threats next to russia's borders and preparing

christine o'donnell winning top and again, if anyone remembers that. in 2010. e in 2011. but yeah, that was a crazy year. >> he was using christine o'donnell, a uniquely about candidate, cost republicans a set senate seat. as a short time for the party's tendency to blow winnable races, particularly senate races, by nominating fringe candidates. kathy barnett which really have some trouble in the general. although i gotta, say it's worth asking, and oppose all trump world, are there casinos anymore? or is very affiliation and this larger political environment alone enough to carry candidates to victory no matter how thoroughly noxious their views are? they would fall off was a campaign manager and barack obama's 2018 presidential campaign, he joins me now. david, i thought of you for the segment today because you have been talking so much about the key role these primaries will play, and with the nominee is, and whether candidate quality matters. first of all, just your reaction to the alarm bells going off, as everybody rushing to the cameras to denounce this woman desperately in the last three or four days of this campaign. >>

christine le garde's reaction. >> not long ago, jamie dimon said bitcoin was a fraud and subsequently come around this industry is not going around today it is valued at $1.2 trillion. i spoken to christinenally we need to stop measuring it by what is going with the overall value and how assets are being used to solve real-world problems we see use cases where blockchain technology can reduce friction measured by cost and speed and overall improves the economy. >> does the 19,000 cryptocurrencies largely as speculative assets do underlining case you are arguing for? >> i think yes i said there were 2,000. you said 19,000 today. there were 2,000 and i got heat from the crypto market by saying 99% i thought would go to zero that was not a popular sta statement. my prediction for now has moved in the wrong direction you know, there are some tokens out that are focused on solving a problem. those are ones used in the future and we can give a number of examples. some present here in davos there are ones i look at and hear the description and don't get it there is risk at legarde commented on it. >> i find this conversation refreshing there are crypto experts waho want to bring people in the p

christine: the texas governor, greg abbott, vowing to get to the bottom of the police response. governor abbott: i was misled. i am livid about what happened. christine: families of those killed having to plan funerals. >> we will make sure the resources get into the right hands to make sure no family who is suffering from incalculable heartbreak at this time will have to worry about a single cost. liz: despite the tragedy in texas, the nra went ahead with their convention despite thousands of protesters. speakers included texas senator ted cruz along with former president trump, who was the keynote speaker. he called for a moment of silence for the victims. the nra meeting continues through sunday. back at home a group of young activists is saying enough is enough here they held a vigil for the victims calling for meaningful action. tara campbell has the story. tara: hand on heart and a hug hopes of a link, remembering the victims of three mass shootings in just 10 days. buffalo, laguna woods, and uv alde. >> we are hiding under our desks for our lives. tara: it feels like things are shaky. >> we are in for a weapon of war wall calls. that is not ok

christine lagarde was in dabo's today. -- davos today. she coal -- she told francine lacqua the ecb is not in panic mode. this is the conversation they had at the world economic forum. christine: we are at a turning point. we have all the components in place for that. we are turning our back to negative interest rates. we are moving very lightly into positive territory at the end of the third quarter. then, of course, we will calibrate, we will establish exactly by how much we want to do that. francine: when you talk about no longer negative rates, does the market know this could mean positive rates? christine: when you are out of negative, you can be zero, you can be slightly above zero. this is something we will determine on the basis of our projections, on the basis of our forward guidance. i think there are good reasons to believe all three conditions will be satisfied in june and further on during the summer. francine: where are we in the third quarter? could we be above zero? christine: when i'm saying, i stick to. we will be out of negative interest rates, most likely, before the end of the third quarter. francine: how do you see inflation developing? there are so many unknowns because of the war. christine: there are a lot of forces, and some of them, you know, counteracting against each other. you have the war, which in and of itself is a drama and has massive economic impact, not just in ukraine and russia, but for the rest of the world. we have energy prices which have gone up significantly and represent a big chunk of inflation. we have food prices. there is a whole series of th

christine, a team from canada hasn't won the stanley cup since 1993. we'll see if this is finally the year. >> all right, andy, nice to see you. thank you, sir. >>> thanks for joining us. i'm christine is tuesday, may 3rd. i'm brianna keilar with john berman. stunning news, the nation's highest court poised to strike down a law nearly 50 years old that would result in a staggering change in american life. politico obtaining and publishing a draft of the supreme court opinion indicating the landmark 1983 decision that legalized abortion nationwide could be overturned. the leak of the document striking the modern history of the high court. >> what do

christine craft has taken her cause to many of the nation's news and talk programs. >> i didn't set out to be joan of arc, but i think that what happened to me deserves some attention. >> christine craft had a very successful career, but there she was in her late 30s and the tv station said to her, we're taking you off the air because you've gotten older and you're not as attractive as you once were, which was outrageous. she decided to make an issue of it. she filed a lawsuit and it became a huge national topic of discussion. >> a jury said she got a raw deal because she is a woman. >> so women in television news everywhere were asked, what do you think about cristine craft? >> i think unfortunately in recent years, the emphasis has been increasingly on physical appearance, and to the extent this decision helps swing the emphasis back to substance and to good journalism, i think we've got something to be happy about. >> it was important to make the point that what mattered was, what kind of reporter are you? but it took the christine this coming sunday a new television network opens for business. cnn. cable news network. >> you're throwing all the dice on this one. >> why not? nothing ventured, nothing gained. faint heart ne'er won fair lady. >> well on that original point, mr. turner, thank you very much indeed. >> i wanted to see what was going on in the world. and there was no way that you could do it watching the regular television stations. news only comes on at 6:00 and 10:00. but if there was news on 24 hours, people could watch it any time. >> we decided on june 1, and barring satellite problems in the future, we won't be signing off until the world ends. >> it was a wide belief, this was a fool's errand. how can this possibly find an audience? well, he did. >> ready camera 3 -- >> good evening. i'm david walker. >> i'm lois harp. now here's the news. president carter has arrived -- >> television news before this was stuff that had already happened. for the first time, cnn brought the world to people in re

christine more are here with some head turners, good morning. >> reporter: good morning. it is hang onto your hat day because we have a breezy -- i want to introduce this woman, christine more, the official featured -- we've got to know each other the last several years. i love her, she is a best buddy. when i get my dress i emailed her the dress, designed the hat for my personality, did this for the kentucky open and this american hat all made in america. tell me what happened, what do you look at for the spectacular piece? >> i look at your personality and do research and i know you but also research and it is like forensics, designing forensically and pick out different purses and study them to pick out their differences and get the dress and pulled out the number i went to feature for this outfit and the details of what i wanted, you don't have bird paradise but the lines are sharper so that is -- >> christinefantastic. and coming up in the 9 am hour, you want to tune in to the christine more original. over to our weekend crew. do they have their hats on? will: i do. you can't tell me it is wrong, a brave new world, i can wear whatever i want. see you live. i wore my purple -- it matches my personality. thanks. the positioning and everything. pete: rachel squared me away. rachel: i do think this was the perfect end to this segment we just did about gender. pete: you are doing you. he brought his hat. rachel: it changes. pete: may be when elon musk shows he will. generally look into major changes to twitter including firing 1000 employees. we for insulation nation, parent scrambling for baby formula. my mom says she is struggling to feed her child, she joins us live. some people have minor joint pain, plus high blood pressure. and since pain relievers may affect blood pressure, they can't just take anything for their pain. tylenol® is the #1 dr. recommended pain relief brand for those with h