and what exactly will happen we will have to see and wait. >> what steps is deutsche welle planning tondertake now in terms of appealing to the russian government to reverse its decision? >> well, we asked our lawyer in moscow to protest against these measures and maybe also go to court if possible. but we have to wait also what she will tell us when she comes back from the russian authorities. >> is any kind of political response from the german government expected, for them to step in and do something? >> i think the german government haalready protested against these measures and i'm sure that this will be also on the political agenda for everybody who talks with the russian government and, up till now, i cannot complain tha the solidarity also from the german government and other parties is there. >> there's also been a lot of solidarity from deutsche welle's media partners and competitors other institutions. how encouraged have you been by that? >> it is very encouraging to see there's so much solidarity for deutsche welleround the globe, and also, the bbc, le monde, and others se

the european union condemns russia's decision to ban deutsche welle.heir moscow office was shut down today in retaliation

. >> deutsche welle. reporter: one question on ukraine's request for turkey to close to russian ships. was that discussed today? one follow-up on the question just asked. we are today from the lithuanian foreign minister that when we use ukraine today, we will be fighting for nato later. you say this statement is exaggerated? thank you. sec. gen. stoltenberg: that was not an issue. on the potential attack or any potential attack on a nato-allied country, that has been my message throughout the whole day. it was the message from the nato leaders in the summit today. that we are there to protect and defend our allies. nato is the strongest military alliance in the world. and make no mistake, we are there to protect and defend our allies and every inch of nato territory. we convey that message again and again, both in words, but also deeds. and that is the way to prevent war, that is the way to prevent an attack, to preserve peace, and we have done so for more than 70 years, and we will do it in light of the

and his don bullet requested in licenses from the turkish websites on broadcast to deutsch well, of boyce of america. and you news, it's the 1st time the regulator has used its mandate on foreign digital media outlets. media control and turkey has been under scrutiny due to sweeping regulations put in place the controlled online content. now stake tv in iran, showing what it says is a new miss all with the reported range of almost 1500 kilometers. that adds to runs often or weapons. observers have want of a regional arms race viable, saudi arabia and the you a seek to bolster their own capabilities. the former sudanese minister holiday, my usa has been arrested by security forces. he has been a vocal critic of last year where the tree clue, sudanese, congress parties says he was detained because of his role and the committee to dismantle the form of ruling party. it was suspended after the military seized power. more arrests are expected with was issued for all former officials on the committee shops and closed and occupied westbank city of nobliss, of palestinian started a general strike

broadcasting in germany, the west seas r t as broadcasting kremlin propaganda and just information deutsche as well as moscow office is now closed, and dw journalists can no longer work from russia. the russian government announced on thursday that it would shut down dw bureau and revoke the accreditation of dw journalists in russia. it also said in a statement, it would terminate the satellite and other broadcasting output of deutsch avella in the country. the measures come after germany's media regulator banned the german language broadcasting of russia's state media, r t, which began operating in december 2021 under a serbian license regulators say the license does not align with european law. artie has also been accused of spreading propaganda and disinformation had saw her . this is the fact that deutsch avella has been deprived of its broadcasting license, and that its employees have also been denied accreditation is completely unacceptable . yet, walden, this is for come in acceptable. this violates the freedom of the press and independent media is after all, a sign of free and democratic st

and it's certainly been the strong response to the press accreditation of deutsche, as well as going to be revoked deutsche of ellis offices and russia are set to be closed. and the, all of the russian language broadcasts from deutsche of al are set to be stopped. that's what the russian foreign ministry said, and we also just minutes ago heard that georgia villa will actually wait until they receive official confirmation of these measures and that they will appeal them if they do receive them. now another thing that moscow did was set up decide to set up a blacklist of german government officials, media regulators, anyone that was complicit in this enormous censorship campaign against r t and r t d e. now, and this also just comes one day after germany's top regulator said that our t v has to stop all broadcast in germany. that means via satellite via social media internet, everywhere the required media well license was not available. the organisation and distribution of the tv program by a live stream on the internet via mobile and smart tv parking news and via satellite must theref

well. deutsche bank down boy eight point 5%. deutsche bank, headlines on the wire, the deutsche bank says it's russia risks are "well contained." lisa: how do you measure those risks tied directly to russian assets? then there's the risk of oil prices surging young what a lot of people were expecting. and how do you expect that fallout to play out? especially the economic slowdown that could ensue when it comes to banking in london. jonathan: direct exposure, indirect exposure, direct exposure slowing consumer and higher prices. places like germany are the issues. we have to try to get our heads around it. tom: first thing i looked at was dutch natural gas and that brings us to a natural high. many of these moves are five standard deviations and for the math people, that shows how highly unusual this is. another headline, and we will be buried with headlines through the morning, turkey says russia's military operation is unacceptable. the lire is weaker this morning, well over 14. jonathan: team coverage coming up. let's start w

and as far as the german russian relations are concerned, morale, and deutsche available mentioned, there are other issues as well, like leave novel in the case a trial has started to day than there are medical compulsory tests for foreigners that are written cyber attacks, also against germany. a good news is use which you raised to. but if so, what was the reaction of president clinton? and how would you describe the unofficial stage of your promotion with john relations altogether and present, put in another question regarding the initial step solving truth withdrawing. she commends today how will discontinue in the next few days and weeks will further just be withdrawn. a new today exclude maternity game is ukraine's war. and another question regarding our from that, all right, her li, accession and you not to nato of ukraine. soil, chancellor, song and shark other penances adapt and happy government of nato are unwilling to guarantee a norm, acceptance inter nato. i feel great. could you perhaps imagine the kind of moratorium, because nate is now saying that an extension of ukraine to nato is something which

so closing down again, deutsch of ellis office, unknowingly press accreditation of their employees as well as this black list of german officials that are believed to be complicit in this pressure campaign against r t g. something again that the media regulator has itself ah, has rejected and denied it, says that it's rulings are, are fair. nevertheless, there could potentially be the cycle now of new measures and sanctions and counter sanctions against ernest, which will only make the work of media both german and brush and more difficult. senior correspondent, i've got the of the letters on this breaking news. thank you for earlier in the program, we did speak with mister ken livingstone, the former mayor of london. now he thinks the hard line taken by germany's regulator on archie d. e, as that to some degree damaged the countries reputation i'm believe, or it's like going back to the pre will period sensitive noise, cancer, things, and particularly, and i many dictatorships around the world isn't free speech. i mean, germany doesn't gain anything from closing down. rush made, it just m

the french traditional price r t covered on the show strikes the yellow fest so well that it really annoyed the power. deutsche valor is also a specialist for you to know when they speak about gas and dependents of germany. a ball rush and gas that should not continue all. and what would be the replacement america gas? wonderful. thanks georgia for your information. it's the same thing as the same tricks. it doesn't work, you know, we should stop doing this. we should let the, the media media such as r, t and the american media, and all of us speak up and the citizens can make their own opinion. now according to the united nations urban prosperity index, moscow is the best metropolis in the world when it comes to terms of quality of life and level of infrastructure development. saskia taylor takes on a tour of the russian capital. welcome to moscow, dean that city on a famous or some goes ok. ok fine. according to you, when ah, infrastructure took a huge town in the report and there was no batteries on the why then the metro, the busiest in europe, it's is amazing. combination of convenience and beauty. now th

settlement of the question is going to be so that is say, a broadcasting deutsch avella to love russia and r t to germany. well, as far as the touch failure is concerned, we did actually address that with the chance today. you know, the work of the weather in germany and she in the federal republic. i don't really want to go into detail so, so not to complicate matters, but we agreed that we would think about a solution to that problem. as far as the next point is concerned, whether or not it is whether or not these stations are good to be lengthy and not end up being then thing. not the fission. we have been thinking about that a lot, particularly with the false ministries and so on. and the conclusion essentially is that we are pretty, losing the apprehensive the negotiation process diverted by us about our essential questions. very worried that to should not be drenched out by partners who tread national felicity and that we should not have opposition worse. and in that her presence at the schedule, one of the as has happened to hit the 2 in many, many cases at the store. and obviously, when you mime from o

goldman sachs so these are all in the red but you have to look at european banks as well, commerce banks, hsbc, deutsche bank, credit suisse, they are also getting hurt. we're trying not to destroy the entire financial system here by hammering russia. is there a way that we can further finally stop him and is it simply to attack the heavy duty finances of these oligarchs >> well, i mean, basically, he has torn up the rulebook, the post-war rulebook. he's torn up the united nations rulebook. he's bringing absolute pain and chaos on a neighboring european country and i don't think we can worry about money right now. i think we have to worry about security, because he has to be stopped at whatever cost. we're in a very desperate situation and i think that one of the reasons why we're in this situation is that everybody was so worried about money for the last 20 years that when he did other terrible things like invading georgia, taking crimea, poisoning people in britain, we didn't do anything and we empowered him to like do this terrible thing now, and now we're paying the price because of our narrow conce

language system channel, the brand new city journal r t g e r t deutsch was basically blocked in germany, basically since the 1st day of broadcast. well let's, let's learn more now from benjamin child, professor of the power school of technology and business on the sound of a china in globalization. good to see you today to see is taking an awful lot of flack right now. more than we've ever really seen before. we're trying our best to cover all angles of this military crisis in ukraine, but we are looking at being shot down now in any number of countries at the moment, is our t doing something wrong. at dainties classic double standard and select keep prosecution . china also faces the same problem siege it here in china has been been in several countries in the last 2 years. we must ask, this question is so free speech that when he was denied the choice between different outlets and points of view, this indeed heard the debated surrounding free speech. how can viewers have an informal opinion when they don't have access to all sides of the story? look, what if the world were able to hear the views in iraq, that there was no massive d

of the world, and that includes lying, deutsche that to work in russian from russia. alyssa, attention back to ukraine if we can. how can germany manage russia? well, i think in nobody should assume that anyone could manage russia. but what we need to manage is the european securities structures that have grown up or over the last one half century, more or less, where it's clear that the borders are inviolable, that that countries could choose their own path, that we do not use of force or to achieve our, our, or political goals on the european continent. and this, of course is against the backdrop of european history. we, of this continent has a history of centuries of warfare. and therefore the, it's something extremely valuable. it should be valuable to russia to. and i believe that is the point you should drive home, and that's the point we in the western alliance have to tell the russians you, the russians profit, the russian government, profits from a functioning security order in europe as well. all right, now, um alexander graph, landstar fair, i have to ask you about the helmets. it has been widely ridicule, germany refusing to deliver we

deutsche. i mason lynn gala, german and frank. i consider doing something in german. it. well, it was albert smoking a bush was that was religion wish, but i have to do something that really stands out like where people would ingest to say, oh, he's doing doug because he's on albino for been no, i'm sure i do what i do because i am an artist now, and i can show that i have more to offer cuz most people thought i was french. and so i was even more motivated to show my gem on roots is come. version of gluten, i mean, is come. but also that i can adapt to different consciousness. i am not limited myself. i always say if you limit yourself, you create boundaries. and why should you create boundaries if it's possible to be universal, then the smoking is when unit results, then a, a soon. now that's how and watching us, right. and they're sitting at home and they're thinking, ok, i feel different. i probably look different as well. and what would be you want to them? because they're watching at home. what would be now you're wide to them as she's done a zag, mr. lethargic, what i'd

and russia shuts down the moscow office of deutsch avella day after germany media regulate band on the system channel r c. well, that's all from me peters golf at tonight, but neil harvey will be taking over in an hour with the phone use program. thank you for your company. the match, guys are this is because report with stacy wherever we are in san salvador el salvador home, the big claim revolution and hyper big point is ation 1st country to make the claim legal tender and it feels good. stacy, it feels good. you know what this past weekend. we walked up to l boca raton, which is on top of the volcano, called san salvador, or other names for this volcano, which i cannot pronounce. so i'll just say the san salvador volcano and on the walk down, mac and our friend simon dixon, or speaking about the volcano bonds. and we encountered a guy from new york named sean brown. and i wanted show you a little clip of that interview. we did with them, we just captured a little bit on the walkway, so no professional audio or anything like that. but we captured this little clip of him talking about and remember, he's not a

that in gen ed vasa, but i only, i did a chill and deutsch sonya finally. fennel sold is funded out, was it, it'll be from a he was medically spoke. well, we said, well, if you did better please, he's on the new people and i feel me will young, who said, i'm with young sion with the amounts of money on offer to either unscrupulous companies or criminal gangs. it's not surprising food. fruit is on the increase, but it's also a consequence of globalization, which has created a complex and difficult to monitor global business in competition for low costs and high return it's long, it will be on a shit. no on like i still had it on the web up though pull news is used to a known linda. good shiny, call work a dish out. i wanted him to my local mom. she knew his could afford, the best fellow can ponder that there longer. the chena isn't the handle to lessen the podium. many foods are increasingly vulnerable to this international trafficking. fish, for example, is highly valued for its healthy properties. but it's also often targeted by fakers . most of the fish we ate is no longer caught our foreign coasts, but in distant seas. and it's hard

well. this is not just a u.s. story. it includes europe and as deutschepoints out, as more european debt escapes negative yields, there is more pressure on treasuries considering this has been an anchor for the debt market for so long. let's get to the chart. worldwide, the stockpile of negative yield and debt. this has moved so much so quickly. back in 2020, it was pushing 20 trillion. in just two days we wiped $3 trillion off of that amount just like that. front end of the yield curve for italy. we were negative last week to start the week. we are now heading to 50. it has been a big move on the italian debt market and worldwide for that matter as well. tom: we will have to see. it's been a big move in the yield space. the focus is on europe and to me, it is global. jonathan: i know you spent a lot of time on what europe will do now as the story start to bleed out to the rest of the world. lisa: do they have a put? are they concerned about market disruption or spreads blowing out in the peripheral region, or do they see inflation is the main concern? th

well, the german federal minister for culture and media, claudia, quote, criticized the decision quite emphatically yesterday and said that russia is drawing a false equivalence between russia today and deutsch avella. and she said that the broadcasting band that russia has now imposed is wholly unacceptable, quote unquote. and says that d, w is an independent organization, meaning that unlike russia today, german government does not steer broadcasting content. as you know, again i d, w is an independent broadcaster funded by tax payers. but we are not a state broadcaster, as russia today is. and the foreign ministry of germany made the same point yesterday saying that moscow measures have no basis whatsoever, quote unquote, and add up to a new strain on german russian relations. and they 2 rejected that equivalence between r t and d w. and you know, the german foreign minister, and then a bare buck pointed this out directly to russian foreign minister lathrop, when she visited moscow in january, saying german history, which involves a nazi control of the media german history, has led to the fact that german licensee authorities simply do not give licenses to state broadcasters. well, this f

well. there are more recipes than just faith to make sure people stay. manus: deutsche, goldman a jp morgan 40% to 50% up. what kind of percentage do you see the bonus food at ubs rising? ralph: i cannot give a percentage yet but it is increasing. manus: 2020 was up 24%. ralph: it is not as much as that this year. it is about paying for performance. that is what is important. if people perform they get paid well and if they do not they do not. clearly the market has done well. we have done well in the market and so the pay is up. guy: the ubs cfo speaking to manus cranny. manus cranny joins us from zurich. the market left what it heard from ralph hamers and ubs. is this as good as it gets? manus: i think he will push further. i think given the new targets he is delivering on profitability and cost income it is closing the gap. look at last year's numbers. look at some of the b.i. they have run the numbers with the profitability target of around 18% payout in a cost income ratio targeting 73. this could evolve into a bank that has rates around 75% and that is when you be

well, my colleague roy to say, discuss the latest developments with archie correspondence, sha davinsky, and on quarter deutsch avella, its offices are going to be close to the rob russia. its journalists are going to have their press accreditations taken away and all of their russian language broadcasts are going to be taken off the air. now ga bella has since responded to this, they put out a media statement. they said that they're not going to take any action until they get official confirmation from moscow of these measures. and when they do, they are going to appeal them. but this isn't where the rushes retaliation stops. actually a blacklist is being set up of german government officials, media regulators, basically anyone who is possibly involved in this enormous censorship campaign of r t d. russia is drawing up a list of representatives of state and public structures in germany involved in restricting the broadcast of r t d, and putting pressure on the russian media outlet, who will be denied entry to the russian federation. now this development comes just one day after germany's top media regulator r

so the problem well on an over reaction of all most go while it's exactly the same that germany, the german government. because deutsch avella is germany officially as don to, to the r t a d version. so it could come in france to it could come elsewhere and it reflects, i think, the way on the governments in place are really annoyed by the voice. the populace forces in their own countries on like for example, in france, you have for money been exempt. who are the candidates off the heart, right. that represent something like 30 percent of the electro minimum. and these people, but 30 percent of people vote for these hot right parties. it's the same in germany, by the way, in every country, even last week, in portugal loc, the election, you have the, the new hop, right, a position, getting 12 votes for the 1st time they present candidates. so you know, it comes everywhere in europe and they are scared of these populists, by the way, are friends of russia and support the russian version and attitudes about stanford, europe, and the expansion of nato. should an extent say the spot. so it's a, it's a concerted attack agai

wells apart. ah, with ah, with in the story to shape the week aeronautics international russia shuts down the moscow office of german broadcast, at deutsch avella. it's off the berlin block, south sister channel archie, the iep. rules are not for everyone. and australian curling team player is allowed to compete in the beijing winter olympics despite the testing positive, with at least 6 children at killed in northwest syria, that the american commandos claimed to have taken out the leader of islamic state at the same time. and the same place with .

well. many points are still pending to international media outlets could be blocked in turkey. after a watchdog revised broadcasting rules on monday gave john and broadcasted deutsche of olive voice of america and europe news 3, a short period of time to apply for online licenses. deutsche veteran voice america refused to do so, saying that this is an attempt at censorship. it could mean that websites will be taken offline. most taxes, media outlets often favor present ado on and the government trial for one of the police officers involved in the death of brianna. taylor is underway in the united states. the young black woman was at home in bed when she was shot dead by police during a botched rage 2 years ago. but his gabriel is under reports from our home city. the trolley is not for any actions directly relating to her death. she became a tragic symbol of police killings of innocent people in america. brianna taylor's death at the hands of police and louisville sparked widespread protests. taylor and aspiring nurse was asleep in her apartment in the middle of the night on march, 13th, 2020. when several plain clothes police officers used a battering ram to knock

deutsch says he has accepted an offer to serve as ceo of the american jewish committee, a new york city based nonprofit. wellcongress is back in washington amid the u.k. crisis. lawmakers will meet tomorrow night to hear president biden's state of the union address which comes as a perilous time for his administration politically. congressional correspondent chad pergram is on capitol hill with a preview. good evening, chad. >> good evening, bret. one step forward, one step back for this year's state of the union but unlike last year this speech is taupe all members plus they dropped the mask mandate for the speech. however, the security fence is back; that's both for the speech and potential truckers arriving later this week the president did delivers the speech on a turbulent world stage russian invasion. >> make no mistake, this crisis does not and will not end with ukraine. >> today president putin is more isolated than ever before. while democracies have rallied together. and this is much to the credit of president biden. >> the president's national security team is presenting a classified briefing to a

well. this is the weekly and archie, welcome. germany's media regulator this week, benz ortiz, sister channel r t d. across all platforms. in retaliation, russia shut down the moscow bureau of german broadcaster deutsch avella with the foreign ministry. also warning of further measures picking up the story for his ortiz don quarter. it was this week, the biggest violation of freedom of the press in germany. the country's top media regulator took r. t. d. e's broadcast off the air on the internet via satellite social media, absolutely everywhere. the required media low license was not available. the organisation and distribution of the tv program by a live stream on the internet for the mobile and smart tv up archie, news, and via satellite miss that will be discontinued. what was russia left to do, but to respond in kind. deutsch avella was told its offices in russia will be shut down. it's journalists press accreditation revoked, and it's russian language broadcasts taken off the air on top of all that a blacklist was declared to include every one complicit in this enormous censorship campaign against r t. russia is drawing up a list of representatives of states and public stretches in germany, invo

well, but still he big number. jonathan: walmart up 0.7% in the premarket. with us now, binky chadha, chief global strategist and head of asset allocation at deutsche bank.here are those earnings going to come through -- come from, revenue growth or margins? binky: good morning. we are at $230 for s&p earnings this morning, about 10% earnings growth. i would say our earnings growth numbers basically come off of our house economics view for the u.s. and globally, and that is all it basically is, simply, unless one starts looking at a more disaggregated level. i think the points to note here are basically, obviously as we were coming out of the pandemic recession, we have a huge growth rate that are gradually decelerating get the question is how much will growth decelerate this year. as i said, we think around 10%, that is coming off of 50% and 70%, that is a gradual reversion basically to trend. 10% sounds kind of high, but outside of recession, that is kind of what we've had on average. tom: you've got a great analysis in your note, all on the deutsche bank platform, follow the money. look at the flows that are out there right now. ukraine, russia, washi

deutsche bank call on quantitative tightening. >> thanks so much for having me. we have seen a lot of movement in terms of the inflation data yesterday. we could talk about rate hikes as well a balance sheet perspective, our view has been at the may fomc meeting the fed will announce the maximum amount they will run off. at the july fomc meeting, they will announce the actual drawdown. think that amounts to $600 billion this year, $1 trillion next year, 1.6 trillion over the next two years. what does that mean in terms of overall tightening? we have done a lot of work trying to equate that to interest rate hikes. that is 2.5 to three rate hikes. seven times equivalent this year, three times next year. you are talking more than three percentage points and effective tightening from the fed. jonathan: let's start with the 50. 50 basis points in march. what a difference a ten made. why did 10 basis points move that call in for you to 50 basis points for this fed next month? >> it is a great question. no doubt, 0.1 does not seem like much, but i begin with the jobs report, which was stronger than expected, which showed accelerating wage inflation. the number one data point was

>> reporter: well, becky put up the list of banks in europe that are down the most. likely the ones that have the biggest connection deutsche bank was mentioned to me i will say, andrew, i talked to some one leading banking expert. anyone who went home friday or thursday evening with a position of long exposure to anybody in russia comes back in monday morning without a job. everybody saw this coming. there was -- in fact, andrew, go back to 2014 the west has been limiting exposure to russia in that time, russia has been limiting exposure to the west. that is one interesting development that allows us to impose sanctions on russia with only limited feedback on the u.s. and european financial systems. >> okay. steve liesman, thank you >>> joining us is former federal reserve vice chairman is a cnbc roger ferguson roger, help us understand the thinking of the federal reserve on the morning like this in terms of when it comes to interest rates and also in terms of liquidity provisions if there needs to be and what they're thinking about in terms of exposure >> thank you very much for having me. i think what is going on with th