also, it's a citibank account. >> whoo! my gosh, so proud of you. >> stop, stop, stop.arrassed. stop. leave me alone. stop. whoo. i have to go wow everyone at an authentic italian restaurant with my pronunciation of linguine. so let's wrap it there. >>> when "tooning out the news" returns, "hot take" asks tig notaro whether super bowl ads for electric vehicles give viewers false hope for a future after gambling theirs away. stick around. >>> "tooning out the news" the >>> "tooning out the news" the podcast is available thursdays don't waste your tax refund on something silly. spend smarter, with straight talk. and get our $45 silver unlimited plan. with unlimited high-speed data and a samsung a13 5g now for only $99.88. all on america's most reliable 5g network. straight talk wireless. available at walmart and walmart.com. that's it, i'm going on a dunkin' run. i'll do a dunkin' run. yeah. me too. i will also go on a dunkin' run. i like donuts. time for a dunkin' run. add a $1 donut to any medium or larger coffee. ♪♪ giorgio, look! the peanut butter box is here. ralph,

he did not work at citibank, no volleyball scholarship, never worked. >> citibank, what percentage ofs the people who voted for george santos under false pretenses would have done so ha he d they known he never plad volleyball and never worked at citibank? we can only guess. obviously, a very small percentage. >> so ignore the chinese spy chn balloo,n. ladies and gentlemen, jorge santos. there is , by the way,agon d a chinese spy balloon flyingoeo over the united states . the pentagon does not want to shoot it down. >> why don't you want to shoot a chinese spy balloon down? it seems mean and racist. i why are they shutting it down? n george santo santo with more on it next. this week, they never miss a beat. they day order an edible .com or a company store to get your big . >> hello, i'm mike lindell the light of the recent events. your continued support means everything to myself and my employees to thank you for having the biggest sale on all mypillow. bening. yep, mypillow bed sheets for as low as twenty nine ninety eight . a set of pillowcases for only nineteen ninety eight in this

meanwhile, citibank and credit suisse and more companies could be joining this bandwagon. we are expecting some clarification from banks where their stance is. that will give us a sense of what led to this last-minute you turn from adani which is a power conglomerate. it is a developing story that we will watch. haslinda: like you said, there have been developments every single day. anything you are watching out for in the coming hours and days? pr: one interesting thing is yesterday there was an emergency board meeting that was taken by donnie which was to do a review. he said he does not want investors suffer. he started the procedures to refund the money. we are going to wait and watch for other kind of key specific measures that adani will take co-opt -- cool off investors concerns. he is speaking to lenders in clarifying what is the limit. you would also get financial investors. haslinda: pr sanjai, thank you so much for that. leaving you with the markets. gains on the back of the fed 25 basis point hike. it is much anticipated. some dovish told they say in the market

special permission, among them are the largest foreign players, including raiffeisen unicredit and citibank and pobeda airlines, which sharply increased their net profit at the end of the year. she took off at 3 1/2 times up to 15 billion rubles. this is the data from the carrier's report, revenue decreased by 13% to 58 billion. the reason for the reduction in the number of passengers was about 11.5 million people who used the company's services. this is 19% less than in 2021. at the same time, a decrease in traffic is not expected this year, this was economic news in a nutshell. lucky even than who is unlucky money, and tinkov and millions of other prizes under stickers in the application in the russian motor, 23 cars are raffled off for 2 million rubles. 600 million. alfa bank free credit card forever flies to you. instant delivery to anywhere in russia and cash withdrawals without commission at any atms with discounts how nice it is to close a loan with a guaranteed rate service and get back part of the interest. it's like finding the money of an old jacket, pay on time, and the post ban

big money managers like citibank , or penciling in more dollar weakness.apan's currency is still looking cheap at around 130 per dollar level. mng investments, reckon there is still more gains in the yen. haidi: bloomberg's with carson. let's take a look, sticking with fx. we're not done with central-bank decisions yet. what are you watching. anabelle: that's right. taking a look at the indian rupee. it's trading around a record low, ahead of the reserve bank of india decision do later wednesday. citibank is among those saying the selloff, the underperformance we have been seeing is sharper than what they expected. we could see it moving higher when we get the decision form the rbis. it's expected to hike rates by 25 basis points. economists in our survey are saying that. even though we are seeing headline inflation which is the line in white, we have the core inflation reading which is the line in orange above the 6% target set by the central bank in india. the moves in the rupiah have been driven by this -- these outflows by adani. we're starting to see

investors are waiting to understand what led to the thing, bankers like credit suisse and citibank stoppedrgin calls. financial institutions have asked them to do so because of the stock route. is there any external reason? the investor community are keen to understand what is happening. meanwhile the adani group chairman came on television and on video to say they are going to review the market strategy for the group. tom: let's fold two questions into one. what are we watching for going forward? they failed so far to calm these markets. how important given the context is this company, is this conglomerate, to india's growth prospects? >> originally adani said this is not just an attack against adani, it is against india. but globally investors would want to know how robust is india's regulation and laws and how great is the landscape, conducive for investment as well. these questions will have to be answered. the government will have to step in. give a message to the global community saying india has a robust regulatory system and laws in place to make sure it is a great place to invest.

a verified, and sign up for a fan sites, and multiple this or the beehive presale site, and the citibankding the people to say, i demand and no guarantee that you will get this, and even after you have done all of the verify case, you will get an access code that is texted to you, and it is very important, because right away, it is two-factor authentication, and coming to the phone where you are registering the thing, and putting the people together with the ticket, and as opposed to the bot, it is harder for the bot to act as if it were human. >> there are questions of hopefully getting more of the bots out of the picture so they are not reselling them at astronomical prices where the humans are, and my producers and i found some seats nosebleed at $320 and you can pay a lot more there, and we are looking at the prices there, and in terms of limiting the resale though, there has been talk about shifting when and how you can resell your tickets. >> yeah, well, it is, at this moment, that is not happening. there are tickets for retale on stubhub, and other sites like that, and on ebay, i

we have bank of america and citibank weaponizing. their values so much that they are fighting sate the legislation that's moving concern state legislation that's moving through many states that would simply restrict public employee pension funds so they can only be invested for the beneficiaries, not for esg reasons. rachel: yeah. >> and they are the ones fighting in the states. and it is unconscionable and shocking. rachel: but that's where it should be cone, in the states, right? you need governors to say you're not going to take our state pension money and use it toward your woke ideology. you have to work on behalf of the investor and advance profits, not ideology, is that correct? >> that is correct. and every we have seen the unsung heroes here have been treasurers, attorneys general and increasingly governors and state legislator thes. rachel: a political component as well. wow, paul, great having you on today. thank you so much. such an important topic, and getting information out is the first step. thank you for joining us.

citibank optimism economic surprise index turned positive.nding actually increased in january. so we're coming into these rate increases with the economy strong. the question then becomes, if they only have to do two more 25 basis point increases, and then watch and wait and inflation comes down slowly but consistently, then that's the bull case, that the economy will be able to withstand, what the fed has done and is going to do. there are two risks to that outlook. the first is, if you noticed in powell's appearance last wednesday, at the very end of the appearance, without a question he raised the possibility that they will have to raise their terminal rate when they put out their next dot plot. that is not in the market so that's a risk. the second risk although the economy has been strong so far that we know it operates with a lag. as we work our way through the spring we find in effect the economy weakens. the base case i expect we power through but they're are symmetric risk in high every rates and a soft economy. charles: you said fol

rishaad: we have citibank saying only expect the downside -- lower after january because it was so goodyvonne: we follow the corporate story when it comes to india and adani, the billionaire is mapping out a comeback strategy. annabelle joins us now with the latest developments. we are one month on it since the crisis. >> that's right. in terms of where we are for the company response we are already trucking the more obvious moves -- tracking the more obvious moves. saying they plan to do more of that sort of thing in the future , efforts to try and ease their debt burden but then you have the other part and this comes down to deceptions of the company. this is something that can take a lot longer to change. adani group has been working on it's because we heard from sources adani has hired a global communications firm which has experience working with companies that have been hit with crises where they had that huge issue around valuation. the mandate is to try and shift what people think when they hear adani group. then you have the legal front as well. they have also hired a u.s. law

investment grade bonds, they don't offer much yield and they tend to catch them out for that -- as citibankisse have done, they cut off those loans. adani's 2024 bond is offering just a little over 3% rate. so i think it is the investor base. they are more skittish. shery: what is adani's biggest pressure point and tell us about the investor base. shuli: the issue is they have to keep its financing windows open. with evergrande, we talked about maturity schedule and how much debt and refinancing they have to do. but adani is at a different stage of development. it is at an earlier stage was so not only do they have to keep refinancing, they have to be able to borrow new debt. in 2022, they spent quite a few billion dollars doing capex capital expenditure investments and going into 2023 and 24, they will have to continue doing that where evergrande is a more mature business. in that sense, i think adani is in worse shape than evergrande. shery: coming up next, we are joined by j.p. morgan's head of energy research you thinks china's oil demand is on track to expand in the energy market. this

big money managers like jp morgan, citibank, goldman, they are all penciling in more yen strength.hort dollar-yen is one of the big trades of 2023. for many investors, japan's currency is looking incredibly cheap right now so buying the yen is the way to go and that is the word on the street. haidi: our senior reporter for fx and rates, ruth carson. looking ahead to that nomination. japanese bank stocks of course, where are japanese yields going to go? it's a big question with the new government. america's -- have really pressured energy stocks. keep an eye on crypto related shares as well because new york regulators are taking aim at the cryptocurrency. the market opens in seoul and tokyo are next. this is bloomberg. ♪ ♪ shery: this is "daybreak asia". we are counting down to the major market opens and watching, of course, the nomination of the new bank of japan governor as he faces a herculean task of normalizing policy in a country that has been mired in the ultra dovish setting for years. it time when we are also seeing economic pressures. fourth-quarter gdp gdp to the downside