on monday, dozens attempted to block the entrances and make their voices heard. citibank is not exactly the biggest fraction of the amazon lacing edition as the out in the year that seem global temperatures soar to record heights. they want to n funding not only for fossil fuel extraction, but also for war because it is a timing issue. and there is no problem addresses about 3000. a city is a major funder of chevron, a company that is partnered with israel to develop gas fields off the coast of gaza . which activists in china choose a fueling israel's war machine. demonstrations like a regular occurrence outside of the been arrested over the last summer and increasingly their joint forces with anti war pro city officials accuse demonstrators of over stating their role. since the 2015 paris climate agreement, they've gone from the 6 largest provider of loans for oil gas include projects to 12 citibank is funding off most of your projects globally with, or especially army disenfranchised communities everywhere. and still activists say financial institutions need to do more before it's too

when i called my friend in the military and asked is, the citibank hasn't started yet yet? you said yes. a couple of days later i called again and asked, do you need me? they did not speak to is not the only one ukraine's jump market, desperately needs back and our maintenance estimate nearly 2000000 ukrainians disabilities are currently out of the labor market. second minutes, many of those people would return to work if they could find a job that meets their needs. alexander, who are doing his study, ukraine's demography for decades down look, he says, is bleak for on this stuff. the things were bad enough before, but the war has excessive bates of a lot of problems kicking all future working age population in our children, costco. they've just up and left workforce. it's about a 3rd about refugees abroad. are under the age of 18. meanwhile, a pension is allowed to stay behind the over $65.00 made up almost a quarter of ukraine's population before the war, but only 6 percent of those that have gone abroad. a boy is a foster realizing the times and they could pick and choo

so two weeks later he went to a board meeting at citibank. -- perkins then was the ceo of citibank, and he was complaining about this mistake he had made, by the way, and embarrassing it was to be called out the way that he was. so perkins said, well, i have a solution for you. sam milbank is wanting to retire from would struthers a nice old line of wall street firm if you would replace 10 million of capital with they'll call it would struthers one strip. nobody will ever put you on the spot. so he did. so now i changed jobs for the second time the least time i had gotten a paycheck in between. so it wasn't quite as bad as the first change would. struthers was a very conservative firm, very but conservative. so they didn't like idea of the venture capital fund that we had had as part of our operation. so they fired the entire staff of that fund and made me a v.p. with one of their partners, the president and my was to get them out all their investment and if i could do that within three years with no litigation and no bad pr, they would give me big bonus. so that's when i started to lea

transactions we brainstorm on ways we can continue to work together that will help our clients, help citibank'slatform and apollo's platform. it builds and we got to the announcement. now we have to invest it. sonali: $25 billion seems like a leap. there have been many ways banks have tried to incorporate private credit. some banks have done it on their own and some have push the whole thing away. what does this mean for the way these industries are coming together? richard: private credit is growing by leaps and bounds. you have had folks on your show talking about private credit. it will be a large portion of the market going forward. our view is we need to embrace that. if we are going to be expanding our relevance to our clients we need to offer that product. we cannot just be an ostrich and stick her head in the sand and pretend it does not exist. we have explored many ways to offer private credit to our clients and we thought this was the most powerful. it is a big number and larger than what you have seen from other partnerships. it is with a partner we have a long-term relationship with

this top executive coach, who works with the likes of google, etsy and citibank, tells me what it takesexpert on ceo pay tells me how the us is leading the world and why too much pay at the top can be damaging for both companies and societies. plus, we'll speak to serial entrepreneur marcia kilgore, the woman behind beauty pie and fitflop, about the responsibility of running a company and what drives her to keep going, even though she's already made her millions. wherever you'rejoining me from, welcome to the show. this week, we're asking, how important is the boss to the success of a company? and just how much is a good one really worth — $5 million, $100 million or $56 billion? the likes of boeing, disney, nike and starbucks have made some pretty high—profile and expensive changes recently, but companies this big have billions of dollars of sales each year, and the boss isjust one person out of tens of thousands that are often spread right around the world, so what difference can one person really make? struggling global coffee giant starbucks has high hopes for its new boss. brian ni

citibank. from every bank in application. >> hayes says she had never seen any of these credit card applications before, but she did recognize some of the names. >> all of these names are the same. some of the people on the credit cards, they sent a lot of repeated names. brittany jackson like four times. >> according to one postal inspector, this is a common tactic by criminals. >> once somebody figured out a fraud scheme, they're going to do it as many times as they can. >> but while the other banks denied the phony applications, chase sent out stacks of cards without question. leaving hayes frustrated. >> i wanted them to send an email. did you authorize all these people to be on your credit card? and i wanted them to say, we'll investigate it. >> chase telling abc news in a statement. we monitor customer accounts for suspicious activity and promptly contact them if something unusual is detected. in this instance, our vigilant customer alerted us first. chase says it has canceled all of haye

agreement, they've gone from the 6 largest provider of loans for oil. gas include projects to 12 citibank is funding offering most of your projects globally with are especially warming, disenfranchised communities everywhere and still active as say financial institutions need to do more before it's too late. christine, so we, me, i'll just hear a new york us. we will continue to follow developments that the un general assembly, but for now we go to other news and russian strikes has killed at least 3 people in harkey, the northeastern ukraine. the local governor said russian guided bombs hit a residential multi story apartment block. at least 22 other people have been injured in the attack. japan has protested to the kremlin after a russian patrol plane entered its aerospace 3 times. the violation of it. their space came a day after a joint fleet of chinese and russian warships sailed around the northern japanese coast as part of their joint military exercises. it's the 1st publicly announced incursion into japanese air space by a russian plane. for 5 years. the question po, the asp based

they've gone from the 6th largest provider of loans for oil. gas include projects to 12 my grand citibank is funding. often most of your projects globally with are especially warming, disenfranchised communities. mcguire, still active as a financial institutions need to do more before it's too late. christine, so we me, i'll just hear a new york japan has protested to the kremlin and off to a russian patrol plane entered its s face 3 times. the violation of his s bass came a day off to a joint fleet of chinese and russian warships sailed around the northern japanese coast as part of the joint and military exercises is the 1st publicly announced incursion into japanese aspects by russian plain and 5 years are beset her as a journalist at the japan forward news websites. she says relations between russia and japan. a very strange is definitely the background of the japan russian relations being at their west level. basically, since the cold war is having an impact in the interaction between these 2 countries, but i think just more wide, maybe we should put this in the context of rising tens

agreement, they've gone from the 6 largest provider of loans for oil. gas include projects to 12 citibank is funding off. most of your projects globally with are especially warming, disenfranchised communities everywhere and still active as say financial institutions need to do more before it's too late. christian salumi, i'll just hear a new york protest as of thing 5 crackers and mexico's interior ministry, ensuring a demonstration demanding justice for students who went missing 10 years ago of the 43 student teachers disappeared from the southwest. a city of a go, a official say they were ducted by corrupt police colluding with the local drug gang activism. human rights groups say the government hasn't done enough to investigate what happened and punish those behind it. i saw you space comp show as landed safely in catholic style and then pull back 3 passengers from the international space station says those on board to astral tracy c dyson and causing those big, allied sharp an o like kind of shrinking. okay, that's it for me. the bulk of the website house 0 don't com. i'll be back at

my grand citibank is funding often most of your projects globally with are especially warming, disenfranchised communities everywhere and still active as a financial institutions need to do more before it's too late. kristin salumi, i'll just say you're a new york so your space council has safely landed in kazakhstan. it brought back 3 passengers from the international space station and also says those on board will astronaut tracy, c dyson and cosmo notes. nikolai childs as well as all like come in and co well that's it from me sort of side so you can find more information on the website . the news continues, hey, was in a box going out to 0 of the folks out there. the had a lot of that will start in south asia with a monsoon range haven't been very active in recent days. but we're seeing something foaming in the bay or bang goal in area of low pressure. that's going to bring some very heavy rain and windy conditions to me in my bungling dash and north eastern parts of india says, wrenching rain to come for west bengal and be sure in the days ahead. we're also gonna see some very heavy rain e

they've gone from the 6 largest provider of loans for oil. gas include projects to 12 citibank is funding off. most of your projects globally with are especially warming, disenfranchised communities everywhere and still active as say financial institutions need to do more before it's too late. kristin salumi, i'll just here on new york. i saw you space council is landed safely in catholic stones. they brought back 3 passengers from the international space station. says those on board for astros tracy c dyson. they collide shop an or like called us. thank you. up to date sent to me these bach times again. our website. oh, just there. don't comment has plus one of us stories and 2 developments. some of the different as well as some living on the israel when it was next. then inside story explains how far israel will go. and this kind of complex one is shortly the it had lower that as being vast improvement across eastern parts of south africa after a wintry bloss to boot disruptive snow. we get that in a moment. first of the middle east and event and it's a laundry, quiet picture. these guy

we even have citibank: for 3000 by mid-2025.oals for the hot right now. >> 3000 by mid-25, yes. >> 3000 by mid-25. projecting out all the way to 2025. in melbourne, thank you for the analysis. they say a 25 basically cut is the right thing to do. that conversation is next. is bloomberg. ♪ >> welcome back to bloomberg daybreak. happy wednesday. markets are pressing a slip dire that 50% chance of a half-point rate cut by the fed. there's one associates says the overall picture of the u.s. economy warrants a smaller move. quick 25 or 50, it doesn't make a difference. i think that is the problem with the new cycle in all this. they're losing sense of the bigger picture. fed policy. the fed has to keep interest rates high enough to satisfy the creditors so they can get a real return. this would be the right thing if you look at the whole picture. if you look at the market situation which is worse and that affects more people, it is probably 50 basis points. >> what is the state of the u.s. economy? you're talking about 25 or 50 based

outcomes of the case are prosecutors a google is abusing their power and this will be like goldman or citibank business but fewer dollars for publishers, the content being put on the platforms. >> i think the argument, this is a lot of experts agree one of the stronger cases of the anti-tech monopoly cases right now but i don't think government has an uphill battle, the standard in the u.s. for antitrust is consumer harm so you have to show harm, higher prices, less output, lack of innovation and we don't see any of that we see the opposite, there is more than ever and is becoming more affordable and easier to use, the ads are targeted more accurately, that's not what you would traditionally see in a stagnated monopolized market that looks like a competitive marketplace so the government has his work cut out otherwise. cheryl: google calls them wrong on the facts and they say success is not a legal. >> that's right neither is a high market share if you earned it, give a better product that people like more and you're not doing anything illegal to obtain the number or hold the number, you are n

the analogy would be in goldman or citibank owned the new york stock exchange. google for its part denies the allegations from the department of justice. it says there is plenty of competition in the market. that the d.o.j.'s case is out of touch with reality and that customers choose its tools because they are superior. it says media companies like comcast and disney, retailers like wal-mart and target and specialized ad tech companies invest in building their online ad services and those are their competitors. it's important to note this is a bench trial. no jury. the judge will have the final say. as for what to expect over the next coming days and possibly weeks, we don't know who google will call to the stand. but the department of justice witness list is a long one. dozens of people who may not be familiar to average folks but kind of a who's who in the ad tech industry, bill, as well as executives from major publishers from gannett and others. >> bill: thanks, we'll follow it. thank you for that. >> dana: fox news alert and the great debate one day away.

i have worked with citibank and i am sure you've worked with a number of other private sectors can imaginees of things that come across your desk in a weekly basis timeline are you looking at from a global economic security perspective. >> you need the private sector engagement try to engage what we need the support and having government action to help to direct and determine and facilitate and support from the us and frankly from idb and organizations to leverage the private sector dollars diversification and is happening some people safety risk were decoupled but i would say diversified but it will take a while and government action is debilitating by the speed but there has to be places to land. that is where it is important for this effort to help countries determine how to include the rule of law to deal with corruption and make the new location a viable option for further changes of supply chain because only then you get to the point to have comfort where economic security and national security are intertwined and get the benefits by knowing the supply chain is diversifying and the c

will: there's this one, the left has dick chain nicker bill kristol, google, raytheon, citibank, thei, pfizer -- rachel: yes, yes, yes. will: big pharma -- pete: on the political end, the heft has all the neo-conservatives who temporarily mask themselves as conservatives, and a lot of people were seduced by this idea that you could remake nations in their own image and ignore human nature. and if now they've my gated over to the utopian party, which is the democrat party. so they've -- rachel: that's a very ideological. i think there's also a -- pete: it's all trump hatred. rachel: also these are people who, the cheneys, their legacies are tied up in -- pete: sure. rachel: -- nobody talking, telling the truth and also the money making that's being done, that's happening through weapons sales. raytheon, you mentioned that -- pete: that ideology is tied to globalism, no doubt, investment in international institutions that reflect back on them and they get to say this is when america exported free can.com to the world. they also hate trump a9 lot -- can -- a lot. if imagine it was 2004

capital one, discover, citibank. >> i got from every bank and application. >> all denied. >> not enoughre familiar. all of these names are the same as some of the people on the credit cards. they sent a lot of repeated names brittany jackson, like four times. >> once somebody figured out a fraud scheme, they're going to do it as many times as they can. >> it's not clear if the fraudsters were planning to steal hayes's mail, but in addition to informed consent, she also happens to have a lockbox on her mailbox. and while no mailbox is perfectly secure, the u.s. postal inspection service says hayes did a lot of things correctly. in addition to having a lockbox on your mailbox and informed delivery, which lets you know what mail is headed your way, the u.s. postal service also recommends having your mail held at the post office when you'll be traveling. jody hayes has also frozen her credit for now. in the newsroom for seven, on your side investigates melanie woodrow, abc seven news. >> if you have an issue you'd like seven on your side. to investigate, head to abc seven news.com/7 on your

agreement, they've gone from the 6 largest provider of loans for oil. gas include projects to 12 citibank is funding offering most of your projects globally with or especially army disenfranchised communities everywhere and still active as say financial institutions need to do more before it's too late. kristin salumi, i'll just say you're a new york. okay, let's have somebody you need baka say with us though because and off and as time on, on the coverage of the conflict in southern lebanon. these are live pictures of the scene of the moments of bites, of an exchange of rocket 5 between southern 11 on an old and israel. stay with us. the news continues to announce to 0 of the dying bye. for now, the, [000:00:00;00] the the way on doing what other land disappears, the even change the should use home of the underwater on these coastal areas are going to be flooded over the lived here. my life over here is this louisiana. we phase many coastal problems because of the costly a routing lane they're not going to be lane will have levies which are basically land masses that are formed in like a

. >> capital one, discover, citibank.lication. >> all denied. >> not enough credit history, but the names on the applications now sounding more familiar. all of these names are the same as some of the people on the credit cards. they sent a lot of repeated names. brittany jackson like four times. >> once somebody figured out a fraud scheme, they're going to do it as many times as they can. >> it's not clear if the fraudsters were planning to steal hayes's mail, but in addition to informed consent, she also happens to have a lockbox on her mailbox. and while no mailbox is perfectly secure, the u.s. postal inspection service says hayes did a lot of things correctly. in addition to having a lockbox on your mailbox and informed delivery, which lets you know what mail is headed your way, the u.s. postal service also recommends having your mail held at the post office when you'll be traveling. jody hayes has also frozen her credit for now. in the newsroom for seven, on your side investigates melanie woodrow, abc seven news. if

. >> capital one, discover, citibank i got from every bank in application. >> all denied. >> not enough credit history, but the names on the applications. >> now sounding more familiar. >> all of these names are the same as some of the people on the credit cards. they sent a lot of repeated names. brittany jackson, like four times. >> once somebody figured out a fraud scheme, they're going to do it as many times as they can. >> it's not clear if the fraudsters were planning to steal hayes's mail, but in addition to informed consent, she also happens to have a lockbox on her mailbox. and while no mailbox is perfectly secure, the u.s. postal inspection service says hayes did a lot of things correctly. in addition to having a lockbox on your mailbox, an informed delivery which lets you know what mail is headed your way. the u.s. postal service also recommends having your mail held at the post office when you'll be traveling. jody hayes has also frozen her credit for now in the newsroom for seven. on your side investigates melanie woodrow, abc seven news. >> now, if you have an issue you'd

malik was really one instrumental in bringing her over and a six month leave of absence for her from citibank turned into two years with the administration and we have a picture think of which you may have seen before already of barbara franklin in with fred malik in, the oval office. i think on her first day on the job with nixon and there it is. and then there's another picture which i think is from the same period of nixon in the oval office with some of his high level women appointees and i think of the particularly of the force on women's rights and responsible ladies. yep. and then there's one in the this is from 1969. and then there's one from 1972. i think in the rose garden of a number of of the high level women appointees and. one of the so moving along thank you abby will come will have any questions for abby. the in terms of actual policy and legislation nixon approached women's issues largely partly and largely through the rubric of civil rights. and so, dean, can you talk us talk to us about and that includes the equal rights amendment, the appointment of a to the supreme court.

buy side in the ad exchange market which is a massive issue is the best quote banded if goldman or citibankis that genuine free market, it is not. david: there is an issue whether or not the biden harris administration has been to cozy with certain corporations that can get leverage over an entire market, it might fit in into the industrial policies specifically would you look at the ev mandates in their cozy relationship with gm. is a very interesting argument and will see how it plays out, thank you for being here we appreciate it. a huge day for apple we are less than 30 minutes away from the big iphone 16 event, consumer tech expert katie linda doll is here. i have a mission to make my old iphone that i cherish and carry with me everywhere is single-digit. i'm very far away but one thing that bothers me i brought this up with jonathan hoenig, i am not particularly crazy yet about the whole a.i. business and you feel so comfortable with your iphone you go everywhere with it, you probably spend more time in it then you do with your spouse in terms of the amount of time you spend writing i

[laughter] no pun intended, but trumped citibank, perhaps.lose to 70,000, which we think is very possible, the fed will go 50 in november. the attention is to try to arrest this downward momentum in the job market which does look pronounced. charles: so recession or no recession? >> if i had to pick, recession. it may not technically be one, but this economy isn't healthy, as you can see from those confidence numbers. also, charles, within those confidence numbers consumers' assessment of the labor market, how hard is it to the get a job, how plentiful -- charles: right. >> that's right, that lay labor -- labor differential suggests the employment employment rate is going to move up to 5% in the coming months. charles: i was looking agent that. joe, you've been washing us about this.. -- warning us about this. most of our economists are rose-colored glass, and they're straight shooter, but you're a straight shooter, and we need that lance -- balance, i think. >> thank you very much. charles: the a.i. revolution, believe it or not, it has a le

>> for a less high quality of the money center banks, i think you go to citibank.e to go. >> or not sadly for shareholders. >> yeah, bring it on. >> steve? >> yuuber. good headlines today. >> see you tomorrowfor more "fast money." "mad money" right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to a special west coast edition of "mad money." welcome to cramerica! other people want to make friends i'm just trying to make you a little money. my job not just to entertain but to explain. so call me, 1-800-743-cnbc. tweet jimcramer. everybody on wall street loves to be a contrarian. which is why so many commentators keep trying to mi

. >> capital one, discover, citibank i got from every bank in application. >> all denied. >> not enough now sounding more familiar. >> all of these names are the same as some of the people on the credit cards. they sent a lot of repeated names. brittany jackson like four times when somebody figured out a fraud scheme, they're going to do it as many times as they can. >> it's not clear if the fraudsters were planning to steal hayes's mail, but in addition to informed consent, she also happens to have a lockbox on her mailbox. and while no mailbox is perfectly secure, the u.s. postal inspection service says hayes did a lot of things correctly. in addition to having a lockbox on your mailbox and informed delivery, which lets you know what mail is headed your way, the u.s. postal service also recommends having your mail held at the post office when you'll be traveling. jody hayes has also frozen her credit for now in the newsroom for seven. on your side investigates melanie woodrow, abc seven news. if you have an issue you'd like seven on your side to investigate. we want to help you. you c

. >> capital one, discover, citibank. in application. >> all denied. >> not enough credit history, but the names on the applications. >> now sounding more familiar. >> all of these names are the same as some of the people on the credit cards. they sent a lot of repeated names brittany jackson, like four times. >> once somebody figured out a fraud scheme, they're going to do it as many times as they can. >> it's not clear if the fraudsters were planning to steal hayes's mail, but in addition to informed consent, she also happens to have a lockbox on her mailbox. and while no mailbox is perfectly secure, the u.s. postal inspection service says hayes did a lot of things correctly. in addition to a lockbox on your mailbox, an informed delivery which lets you know what mail is headed your way. the u.s. postal service also recommends having your mail held at the post office when you'll be traveling. the other thing that this woman did was freeze her credit, and that's a good tip here as well. >> i mean, the good news is it coul

my grand citibank is funding offering fossil fuel projects globally with are especially warming, disenfranchised communities everywhere and still active as a financial institutions need to do more before it's too late. kristen salumi, i'll just hear a new york to now latest from around the world have expressed that concern about israel's offensive, and 11 on ron's president must. who would possess gown has accused us, well, of trying to provoke to her on into joining the conflict and support of hezbollah. but he says his country doesn't want a war. the g 7 says the assault risks, drawing countries in the region into a broad conflict. and it's cooling for an immediate hold to what it says is a destructive cycle of violence. the us is cooling for de escalation, but at the same time depends against says, it's planning to send most soldiers to the middle east. and china has condemned as well as attacks and says it strongly supports lebanon's efforts to safeguard it's silver and take from some egypt. meanwhile, a cooling for an emergency un security council meeting of the warrants house is national s

when i was with citibank from 1985 to 1990, we used to lend money to our bank clients and the rate was that rate was, yeah, 9.2. that's what the fed funds rate and some people scoffed at that and said, no, you want to give us more. so we had to juice it by 10 or 20 more basis points. so yeah, these are the good old days. >> yeah. apparently so. all right. >> we will see what the fed decides tomorrow. yeah absolutely. we all are. james mcbride with the mcbride group. appreciate you being here. >> always a pleasure, james. thank you. okay music mogul sean diddy combs in a new york city courtroom today. >> he pleaded not guilty in court to racketeering conspiracy and sex trafficking charges. up next, a legal analyst will join us live to break down the accusations in this indictment unsealed today. and we will also help understand why the judge in this case denied bail to combs ♪ when your child has moderate-to-severe eczema, it's okay to for them to show off. show off their clearer skin and noticeably less itch with dupixent. because children 6 months and older with eczema have plenty of

but i guess at least among the citibank because there is a great the concern because they understand or disclose the very best, the damage from their point of view. but by in loud shape, most of these are the same because it's, it's, it's this, the woods plain is they the initial cost play. it says nothing to do is, is what i was playing. is the, has the best the most more. i mean the word of diesel any ever just ready. we thank you. so the same lines that we've been hearing since the will began israel and the last hour or so is also being carrying out a mess of strikes across southern living on. we're now seeing his beloved retaliates with strikes into new one as well. can you just give us a sense though, of how long as well can actually sustain these bombing attacks? what sort of stone pile does it have at this point? the question is, is those bombarding. busy it's, is it proved to a ground a very sure. oh yeah, and it's putting pressure or he's bound to go for a b in both cases. it promises failure because it is right. we really aim to an overall reward and live and on i think is

agreement, they've gone from the 6 largest provider of loans for oil. gas include projects to 12 citibank is funding offering most of your projects globally with are especially warming, disenfranchised communities everywhere and still active as a financial institutions need to do more before it's too late. christine, so we me, i'll just hear a new york federal prosecutors in the us say they are going to charge a man with the attempted assassination of republican presidential candidate. donald trump. 58 year old vine. ruth was arrested in florida earlier this month. he was hiding with a gun. the former president's a golf course booth has been ordered to remain in jail, pending his trial thousands of haitian americans have held a protest against j. d. that is off to he accused the community in ohio of eastern cats and dogs fences, remarks targeted haitians who settled in springfield, ohio, claiming some have been stealing and easing. they neighbors pets. the protest as a choose the republican senator of making false claims of a vice of nature. the vice presidential candidate has doubled dow

we have here here that look to for this what you the story is like beginning or maybe or for my citibank. well done, gripping some of the lines which has unfortunately i don't. and my that was telling me the info to cologne and diagnostic states, which has been shown later or have been bullying later to be for the kid to the story. and 2nd, the, they might be the kent by the across shore thing. go to close fighting between the fights of the city, the soldiers, but we are not sure how they have been killed. well, they have faded them since we haven't shown any evidence we uh, we are ready to send or how much says that they were killed by the us. it's not giving me it has today. so we, we are okay if, if they can allow us to send a neutrons investigation, comedy when the funds that committed sent to both the negations. but the via see this in the media without any serious scientific evidence or for they have said, okay, but the head of the, i would point out that the head of the un human rights office volk rhetoric has called for such an independent investigation. so the spokesman of homos

with this very story, the united states were very indignant, the largest bank in their country, citibank over the fact that it had lost quite a lot of money, well, finally, of course, later the rise of the soviet union became a real ideological threat to the united states, that is, in this sense , this line can be traced quite clearly and the turning point occurred at the turn of the century, regarding how the transition from the soviet union to the russian federation was perceived, you know, you can use the decision that was made by the un security council in the fall of 1991, when a resolution was adopted that stated that the russian federation was the successor to the soviet union. this term successor, it had to absorb a lot of things, even the noun was continuity with us, yes , yes, that's why, well of course. there was no break in our statehood or in our political history, yes , the history associated with the collapse of the soviet union was very unpleasant, but in general for americans, europeans, the soviet soviet union was always russia, only then the soviet union, so in this se

citibank set prices good average 60 in 2025 and that the market looks oversupplied unless opec-plus pulls back. $70 is the estimated breakeven price. that is what people thought before it might be for the selloff in crude. we have gone above or rather below and beyond that situation. lisa: it is something we have to keep asking. are the declines in oil prices the future and a soft landing? this will allow prices to continue to just inflate in a way that is fed friendly or does this indicate that there is true ritika is -- true weakness in this longer trajectory. that is the anxiety underpinning this move that is also going along with iran -- iron ore and copper. not just in china but other analysts as well. jonathan: a lot of analysts pointing out the difference between the fiscal -- physical market. bank of japan board members signaling a rate hike is still in play. the comments heading -- that of the next boj meeting or the central bank will hold rates steady but most believe that another hike is in play. lisa: i wonder how much they have an eye on the yen. they will not let this go esp

now you have jpmorgan chase, citibank, these too big to fail banks, they have this ability.g out of 2009, they knew the government would not let them fail, they wouldn't let another lehman happen again. you sauce -- smaller banks suffer that kind of banking swoon. this only made more of them reconsider whether they could go it alone. the costs of capital, the access to automation, i agree, you walk into one of these too big to fail banks, they don't want to talk to you unless you are a high net worth investor or depositor who can afford a premium tier service. they would rather you go to the automation or one 800 thing. my late father, when he took me to the bank in the early 80's when we first came to this country, they not only gave you a toaster, or food processor, but a 17% cd. it was a penny arcade. you would genuflect to the customer. the odd time i have to go to a bank to get a cashiers check or a notary or some thing else, joke, where is my toaster. they are like take your dad joke somewhere else. [laughter] host: 17%? guest: i just remember that. my dad took a knee,

that is the call from citibank this morning. that is the bond market. let's go to foreign exchange.n was the epicenter of what we saw yesterday inequities. 145 on dollar-yen. a stronger japanese yen. just only that we cut the link between foreign exchange and risk assets, it felt like it reinforced itself. it would be a stretch to point to any one thing is the reason why we had the move we had yesterday morning into the afternoon. annmarie: it was almost a perfect storm and people are brushing off the ism and others say the ism is important in terms of the manufacturing sector. then you had nvidia. there are two notes talking about this idea that ai will not be a light switch. it will not be quarters. it will be years in terms of where we could potentially see that growth. of course there have been a lot of commodities impacting the market as well, this concern around china and weakening demand. jonathan: you mentioned nvidia. let's get the update. one of our top stories in the last 12 hours. the u.s. justice department sent subpoenas to nvidia as it seeks evidence that the chipmake

that's why we launch at the g7 just in the last 18 months and ceo of citibank, jane frazier, we asked her to come, along with the ceo of gip. and the two of them, we asked them in front -- we brought the g7 leaders to have jane frazier and bayo say to them, what do we need to do investmentwise for you to spend money in these -- on these kinds of projects that previously you considered to be too risky. and they gave us a list, and we've been working through that list. and i think we'll -- the g #r7 is ten days from now is the next g7. i know that jake sullivan was here earlier today. i mentioned the libido corridor, our first test of this. and what that does is not just build a rail from a port on the west coast of africa all the way through zambia, angola, zambia, and drc, but it invests in a number of sectors at the same time. you get the access point to the critical mineral, that's true. somebody talked to you about the ag before on the a.i., but investing in the ability to connect markets so that you're not depending on foreign markets. that there was only one chinese-based telecom