takako masai, chairperson at the sbi financial and economic research institute.atch japan ahead every week monday at 8:40 a.m. bloomberg's subscribers can watch us live on the terminal easing the tv function. this is bloomberg. ♪ annabelle: take a look at how we are tracking trading in currencies. ed big week for the u.s. dollar as we look ahead to the fed's preferred inflation gauge and whether that supports hopes coming back into the markets that we could see sooner easing then later with the inflation expectations in friday supporting what was a return of risk appetite if you will. some concerns we could see headwinds when it comes to this 2% rally we have had this month for the aussie dollar with these worries about that rate divergence as well as implementation concerns of chinese economic policy at play. this is bloomberg. ♪ her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you

weakness, thank you, we talked with the professor and the researcher university of the higher school of economics, leading researcher at the institutenal relations of the russian academy of sciences, dmitry trenin, well, with this, i, alexander krievsky , say goodbye to you, and after the commercial, our broadcast will continue with the vesti program, duty department, all the best. order a free alfabank credit card with a whole year without interest, receive it. cashback in rubles on all purchases , withdraw cash for free, not just profitable, alpha profitable! thanks to shopping at the megamarket, someone will reach the finish line first, someone will create comfort in the apartment, someone will go on a long-awaited vacation, sellers at the megamarket are changing the world, megamarket - just grow with us! 7 days fly by unnoticed, but not for the liver, because heptral is active from the first week of use. the liver is tired, it's hyptral time, in pharmacies regla, in the whirlwind of life, successes, failures, hope fills you with piclunch, in the rhythm of working with many tasks, your break fills with piclunch, meat sauce, sytin

development the bible, the 20 years roger lady is director general of the palace on economic policy research institute. enjoys we now live from ramallah, kentucky with us on the program. the report. it's full page, they've got a read through this afternoon makes a grim reading doesn't to that's a lot of them for they only gave you the summary somebody that definitely makes them reading. it definitely makes a good rating and it's a, it's one of a series of reports. the nations and others are produced in the last few months. i think it definitely is the most significant or useful and in the sense that it not only is b u, n d p which has been doing an ongoing damage assessment. but in the draws on economic modeling analysis, by the way it has it draws on world food program and. ready it's f a o and other material on food salvation, simon, and you and the b and the world bank report recently issued on the, on the title report. so this is a really good compilation of everything that the economy and society has been suffering. and the updates numbers that we've, we've been trying to get a handle on for sinc

so roger kennedy is from the palestine economic policy research institute. it says dependencies fine and then into the occupation a crucial to the recovery process and gaza. as the report mentions the middle class, which is a very fragile middle class in, in both the west bank but also because it has been destroyed. so everybody in the basically have to assume 90 percent of the population or living within the levels of poverty. now, more problematic is not only, i mean, even an assumption of, of the best possible circumstances or a contraction. this i know is rarely involvement and generous. international support and aid and supplies and suppliers even under those circumstances, you'd be surprised how organically the economy already is continuing to try to function like. ringback nervous system that, that's trying to re establish connections in the market in the, in the cleaning up of what little can be cleaned up, etc. but there's no doubt that this current situation will not just, by itself recover. and, and many of these models assume, you know, 7 and 9 m

this is an estimate from the vienna institute for international economic research.rd have curtailed their activities, but do not exclude the possibility of resuming them. well, those who remained increased their revenue by 6.7% due to reduced competition among them. greece, italy and the czech republic. serial production of domestic electric vehicles will begin in russia atom. the start is scheduled for the third quarter of 2020. the site will be the moskvich plant. the ceo of the developer company kama spoke about this. the plant will gradually increase its pace depending on pre-orders and demand levels. price range from 2 s2 to 3.5 million rubles. it was economic news. short. italy remembers and honors the feat of soviet soldiers who fought side by side with members of the partisan resistance during the second world war. about 500 soldiers of the red army fought in their ranks, who were able to escape from the fascist camps in italy. many of them have received awards of the highest value. our own correspondent asya emilyanova will talk about how italians preserve

india is into its final round of election, the associate professor of economics at the institute of development researchus. what are your thoughts on how the elections are going right now, and the impact that may have on the economy? >> i don't particularly want to, on elections, i think they are going as expected, there could be a little bit of sureness about the margin with which the current ruling party might win, but i don't think there is a whole lot of doubt about the probability of them winning the elections. we will get to know soon about it. in terms of the consequences of the implications of it, i think from an economic stability stand port, it's not a bad idea to have the same government continue in terms of continuing policies and reforms, i think that would be an economic pollack -- positive and that's with the market is looking forward to. they do have some promising points. continuing on the past -- on the path of fiscal prudence. we do have a high fiscal deficit at 6% and the government plans to bring it down the must .4 .5 percent. they will continue on fiscal prudence, promoting export

their parents than ten years ago. >> that's according to a study carried out by the economic and social research instituteheir children. over time , and were more likely over time, and were more likely to explain to their children what they had done wrong, rather than to shout . than to shout. >> tornadoes and storms have left at least 19 people dead across four states. in america, homes have been destroyed, hundreds of thousands of people left without power. this is affecting texas , arkansas, affecting texas, arkansas, oklahoma and kentucky . over 110 oklahoma and kentucky. over 110 million americans are under severe weather warnings as . severe weather warnings as. >> you see the weather in america, i'm always grateful we don't live in tornado alley. absolutely terrifying. every year. absolutely terrifying. every year . and i always think, why year. and i always think, why don't these people move? but it's poverty. they can't move away from these areas. and it's often the poorest that are often worst affected by these kind of reoccurring natural events . reoccurring natural events. really, really frigh

ian is the professor of economics and co-director of the political economy research institute at the university of massachusetts, amherst. he has published widely on a variety of progressive economic policy issues, especially in the areas of central banking and international finance. his previous books include the political economy of central banking contested and the power of finance and what's wrong with modern money theory? a policy critique. he is also a longtime member of the center for popular economics. he'll be joining in conversation tonight by juliet schor ford, professor in economics and associate energy at boston college. gerald epstein is presenting his new book busting the bankers club finance for the rest of us. bankers brought the global economic to its knees in 2011 and nearly did the same in 2020, both times the u.s. government bailed out the banks, left them in control. how can we end the cycle of trillion dollar bailouts and make finan w us busting. the bankers club confronts powerful people and institutions that benefit our broken financial system and the struggle

ian is the professor of economics and co-director of the political economy research institute at the ssachusetts, amherst. he has published widely on a variety of progressive economic policy issues, especially in the areas of

the national institute for economic and social research, which is probably the most respected economichink tank in britain, arguably in europe, it's been around for many, many, many years . the head of the national years. the head of the national institute is a very independent, economic called jagjit chadha, who is increasingly carving out a reputation as somebody who's prepared to at least quench question conventional wisdom. and the national institute are weighing in, and they are a deeply apolitical organisation . deeply apolitical organisation. i've been talking to them basically since i was an a—level student . i know the institute student. i know the institute very, very well. for them to say that any party that comes in is going to have to raise taxes , going to have to raise taxes, they're not doing that from a kind of ideological point of view. they're not saying that because, you know, they want higher taxes. they're saying that because that's what they see as an economic inevitability . vie given the fact that growth has been so slow, if the economy doesn't expand, politics

economic institutions. that is, between the industry and companies of scientists or between companies and researchers. the 400 that you mentioned are participating in this exhibition with several products. we have a section at the innotex exhibition this year . as a pioneer pavilion in this section, our focus has been on unveiling the latest knowledge-based products. in fact, during the last two months, more than 100 designs that he actually wanted for the first time. it was unveiled and sent . there were several stages of judging and evaluation, because the criterion was how much was left . our criterion was that it should be used for the first time and not have a similar sample. there are 21 products out of these. in fact, they were able to successfully pass these criteria. these 21 products will be unveiled during the exhibition during these 4 days. for the first time, in which fields are they new, especially since they want to present three new products, one of which is in there are robots with 7 degrees of freedom, one is in the field of medicine, and one is actually a granule that is used in the

differentiation between the two political parties at the moment, economists at the national institute for economic and social researche event of either party winning the election, taxes will have to go up. the problem seems to lie in the fact that both parties are promised to follow the fiscal rules policed by the obr, which ultimately acts as a constraint around the chancellor's neck . well, back to chancellor's neck. well, back to my pal catherine, we've got to be a tax cutting party in the tories. otherwise we'll miss the point of us. >> well, taxes don't have to go up when you look at quite good obr figures on the productivity of the public service, there is a huge amount that can be improved. there and that is something that people have to both parties have to think about. but i know that there has been, various, public servant groups have refused to do what they're being asked to do by the government there there are a lot of problems with the way we're spending the money. so you don't have to put taxes up. >> you need to get spending under control, spending under control, mine didn't help. we had a chancellor w

then i'd stick huge a research fellow with the think tank, the institute of international politics economics a very well welcome to all 3 of you. welcome to inside story today, but i wonder if i can start with you in recent news. your relationship with china has come to be known as a quote arrival competitor partner relationship. it seems like a contradiction in terms. what do we mean by it? i think it is a contradiction in terms of your individual countries and companies want to trade with china, but i'm kimberly tremendous pressure for us to restrain themselves with doing so. and because of the need for support and fighting in the or supporting the the, he's crazy and i against the russian invasion, america's leverage is much greater than 0. so she's trim, it is important because it needs to try and recover a relationship that has begun to atrophy under us pressure. now do you agree with that? can you be both partners and rivals? definitely for us. and we haven't because that is the stapleton presidency. but your opinion is going to take, i think the most important parts of contemporary ch

the halle institute for economic research announced that the number of bankruptcies of firms and corporationsy show you how to do it. i also left the middle thicker, right? yes, everything is great. it's almost like a pretzel. this is what happened. it is mine? yes, yours. i think it's not bad happened. my pretzel, okay, vladimir ivanevich, of course, you told everything so deliciously, right now it’s not about politics, i wanted a russian cake, in general, i can imagine how in crimea they were now very surprised that it turns out that a russian cake of this type was made from almonds, it’s just that all geopolitics is concentrated in this cake, well, yes, yes, that is, it’s great, but i liked the phrase in the story that you showed before that putin cast a shadow on this visit, yes, well, you know? eh, i understand, of course, biden has not been a shadow for a long time casts, strictly speaking, so it’s clear that they care about this too, yes, but yes, we are still casting shadows and, in general , we are going to continue to do this, but you know, i also liked it in financial times, today

the domestic and foreign markets, foreign agent deutscheveli reports, citing the munich institute for economic researchme , even dochveli recently wrote about how successfully germany got rid of its dependence on gas from russia by switching to expensive american lng, and they say that everything is fine with the germans. now associations of german entrepreneurs note that the country is becoming an increasingly unsuitable place for doing business due to... high costs. the guardian writes that britain and finland are discussing further efforts to curb russia's shadow oil fleet, allegedly from third parties. may require greater efforts to block tanker traffic in the baltic sea and the lomanche. the news sounds it’s funny, especially considering that the lion’s share of russian oil goes to europe through third countries. moreover, the new york times writes that the west is failing in its desire to deprive russia of oil revenues by imposing sanctions on the russian tanker. the reason is the main burden of exporting huge volumes of oil. yes, but for decades russia has relied on western shipping to transport

capital region, i am deeply proud of the critical research and tech development being done at world-class economic and petitions such as the technical institute. i particularly looking at the r&d that relies on funding from the biological and physical science division within nasa science mission directorate. the funding provides novel opportunities to better understand the impact of the space environment on those life and physical sciences. discoveries made on the international space station with funding have advanced our understanding of quantum mechanics and helped to facilitate the advancement of semiconductor-based electronics. the bps has also allowed advances in regenerative medicine, osteoporosis treatments, and neurodegenerative diseases. despite how important this is, the directorate remains severely underfunded and acknowledged as such in the recent survey. in fiscal year '23, the budget was 84% less than it was in 2000 four. and as a result, the number of investigators in the state of new york has decreased by some 67%, causing significant reductions in training and negatively impacting the local economy. specifically at rensselaer

nih isn't just a great research and biomedical research institution, it's also a driver on in national economicnation in 2023. in my small state of west virginia, nih supports 759 jobs and $140.8 million economic impact in 2023 alone. this is in a state we reallyn''e us as one of theas for medical innovation, but we are proving the nation wrong every day. the nih impacts every american in some way, and i hope again to work in a bipartisan way to funr cancer, parkinson's, als, alzheimer's disease, and other conditions that ag■ i mentionedi -- i will get it someday, joins me -- with a name like capito that gets mispronounced have to time, you would think i would be better at this. i'm trying. i'm trying. she joinede esearch advancements we are doing in west virginia. muf this has been made possible by the partnerships fostered by nih over the years. reseer state are making significant contributions to biomedical research in areas ranging from cancer to alzheimer's disease, to substance use disorders. average in new cancer diagnoses and deaths. devotes increases to findinggetû cures and treatments

research institute. you're also the author of economic war, ukraine and the global conflict between russian and the west. thank you for joining us or in london. explain this appointment to us a civilian as defense minister in the middle of the war. but thank you so much for attitude. i think it's a pretty clear assignment put in a shifting if it was economy even further towards being structured around the military. some had really discussed his economic policy. the last 2 years is something that was military kenzie and as i'm using demand there to stimulate the economy, but also restructuring the economy to be able to meet those needs of the war. you know, we have seen russia is significantly increase its missile production in recent months, throughout the war, increased ammunition production even at a rate far faster than in the west. of course, there isn't the issue of democratic pushed back and forth and has to deal with in russia, but so the economy will really become increasingly subservient to fighting a long war in ukraine. what's very interesting to see given both sides background as a banker and

for more on the data, we want to bring in peter earl, senior economist at the american institute for economic researchr, let's start with you. you were anticipating the numbers would be a little hotter than the consensus estimate. i think it's even hotter than what you were looking for >> yeah, and i mean, to get right to the heart of the matter, it's clear to me that the fed stopped raising rates too early. the fed funds policy rate is about 5.3%. annualized kcore inflation, woud put the adjusted rate at 7.1%. they're calling the natural rate of interest like 0.9%. which suggests that policy is too tight, between 50 and 100 basis points. but prices are still rising, and for the past few months, they've accelerated. i strongly believe that the fed's estimate is low by a few hundred basis points, and for that reason, u.s. monetary policy is still way too loose. >> kitty, i think you had the opposing viewpoint before we got these numbers today. the idea that higher interest rates weren't necessary to bring inflation down, but this kind of flies in the face of that. >> thanks, becky. i think the thing to

institutions insulated from interference. insisting on the fed's independence and transparency. the stability and economic growth. research has been consistent with my belief and it is with greater price stability. democracy on the economy influenced by observing. example from my own experience and prior to the integration in west germany in 1991 i started the economy. it is believed strongly in the united states and elsewhere in the communist government. on the contrary. outside of the energy sector was only one single enterprise germany to make a profit after unification when mark was exchanged on a one-to-one basis. ... those who disparage democracy. recent imf estimates of a gdp per capita of russia relative to the united states are about one-sixth. we present is highly educated workers from the country, taking their skills, ideas and capital with them. for example, to launch some of the world leading startups, not from russia but from the united states and other jurisdictions. in the -- any deficiencies that come from totalitarian state seem to be far more than offset by the advantages democracy. as for china, there'

president for 31 years at the milken institute we put up slides reminding everyone that 50% of all economic growth can be traced to public health and researchd partnership and initiative that you launched in conjunction with president bush, people that had the most incidents of aids and h.i.v. were subsahara africa. you had countries at one time median age was 15. a woman had 95% chance of passing aids to their child when it was born and the work you have done, today that passage of passing it is down to 2%. [applause] >> the children of the world now have been born without aids and we are about to see for the first time in history the doubling of life expectancy in one generation and that partnership, those initiatives you launched changed the world and we are seeing it today. and today's there is a potential if you have have -- hiv-aids, you have to take three pills a year to bring it under control. and you talked about it. let's see another clip from 2012 on the future of america. president clinton, 2012. president clinton: a lot of you got here into these chairs because of your exroorld ability, because of your assistance or whatever. e

well, the institute of economic affairs have produced a report. today. i'm joined by jamie white, senior researchar at money laundering, the money laundering regulations , now, all this stuff regulations, now, all this stuff we've i think we've had four major waves of legislation on money laundering the last lot, and this is important came in in 2017. it was agreed as members of the european union . it was of the european union. it was brought in after the brexit vote. from what i can understand, nothing has been done to change it. >> no, nothing has been done and i think you're right. nothing probably will be done. i mean, one of the well, let's keep things, let's keep my job as you often you write these things and you think, well, i'm pretty sure i'm right here, but also pretty sure nothing will happen, i mean, the origins of all this are not the european union, though it has all been done through it. in the end, it's actually a g7 was set up by the g7 in 1989. it's called fatf, the financial action task force. and they issue all these recommendations about how to fight financial crime. and bas

institute of media-national research university, higher school of economics, ernst gedorovich matskayachusbsolutely consonant with what i think, that as success accumulates in a special military operation and as the west realizes our success, she. these are people with very often soviet education, and there are many young people there, but the significant severity of this war is remembered by those who saw living veterans, many living veterans, they gathered at the same large theater, i remember this, the next generation, it is not so immersed in understanding the brutal nature of the confrontation with the west, so they will build on it. principles of scientometrics, here of course the question arises, is it not time to correct the situation in the scientific and educational sphere with a political decision, this question does not leave me. dmitry, yes, by the way, i can’t help but wonder, today i’ll still have to talk about america, but excuse me dim, that’s not leaves the question... how is it? a year and a half ago, trump said that they were pushing into the third world war, and that h

economic, national-technical, so bsu stood at the origins of the creation of the national academy of sciences. i’m not even talking about the structure, the structure of the university includes six, for example, research institutesdiophysics that today allow us to develop our own satellites, nanosatellites and launch them for educational and scientific purposes, in the world, for example, there are no more than 100 universities in total that can say that they have developed from a to z your companion, bsu is one of them, so bsu is much more than just... couples, the educational process, yes, couples, the educational process, audiences, they are in any of the 50 universities in our country, but there is only one university, a leading university, a certain patriarch who in in general, he can say that he does this, that, and that, which no one else does. the heroes of this program chose to live outside the city, why do you need it, and where does the money come from, the two favorite questions, i would really like to look at what... a school looks like, which is no longer a school inside, there they see more opportunities and use them maximum 26 piglets, do you have 100 hens? 30 chickens, who else do you have, duck

institutions that are insulated from political interference. as chair of the federal reserve i insisted on the fed's independence and transparency because i believe that matters for financial stability and economic growth. recent research has been consistent with my belief. it has shown greater central bank independence is associated with greater price stability which contributes significantly for long-term growth. the belief the impact of democracy on the economy is also influenced by observing what happens in its absence. again i'll take an example from my own experience. just prior to the integration of east and west germany and 1991 i studied the economy of east germany. it has been believed strongly in the united states and elsewhere the east german economy is doing well under its communist government. on the contrary the data showed outside of the energy sector there is only one single enterprising east germany that would be able to make a profit after unification went as currency was exchange for joint marks on a one-for-one basis and the east germans had not only suffered greatly from the cruelty of their totalitarian regime but that's ever vigilant they had also done much less well economically than the west g

senior research fellow for energy in a mental policy here at heritage in the center for energy climate and the environment. and he previously was our vice president of the institute of economicfreedom and opportunity, which is again a very important perspective that jack brings to our project here. he will also be deeply involved in pillar four in his other area of expertise which is civil nuclear energy. so please do join me in welcg them to the stage. [applause] >> in the honored tradition of ladies first, erin, i would just like you, i would like to start with you with a total softball, which is we've had the publication of how china exports america's climate region today. congratulations on that. what are your key takeaways from the recent on the paper? >> thanks so much, victoria, and you and your party who cowrote the paper with me. the key takeaways are really as you mentioned that we right now are in the handcuffs the china. this is been a decade agenda that led one of the same time our own liberal left agenda has brought us to this point. so that's quite disconcerting. the other issue is the united states is the number three energy producer in the world, and china i

institutions that are insulated from political interference. this turned the federal reserve, i insisted on defense independence and transparency. because i believe that it matters for financial stability and economic growth pretty and recent research has been consistent with my belief. an initial planar central bank and this is associated with greater price ability which contributes significantly for long-term growth. emma belief in the impact of democracy on the economy is also influenced by observing and again, i'll take an example for my own experience. just prior to the integration of east and west germany 1991, i studied the economy of east germany and it is been moving strongly in the united states and elsewhere that these german economy was doing well under the communist government. and on the contrary in our data showed that outside of the energy sector, it was only one single enterprise in east germany and would be able to make a profit after unification when its currency the smart was exchanged deutschmark's 141 basis that one for in these terms and not only service lately from the cruelty of their totalitarian regime, when the individual - did also much less well economically to the west german counterparts on the other

this is one of the conclusions of a survey of top managers conducted by the economic research institute of the ministry of economy in may. among the positive forecasts are also expectations. growth in production volumes and prices for manufactured products, estimates are justified increased demand for goods and better utilization of production capacity, while every third respondent confirmed the fact of a reduction in finished product inventories. the enterprises are provided with orders for a little over three months of work, the average level of profitability has increased to 9%. the ministry of belarus and the belarusian universal commodity exchange have determined the direction of cooperation. in particular , it is planned to resume the practice of holding on the exchange site. annual training seminars on stock trading issues. this will allow diplomats not only to know features of participation in exchange trading, the most important trends in this area, but learn to use exchange tools in the performance of their official duties. in addition, agreements were reached to join forces t