in europe. it is excluding russia. ok. not the other way around. ok. i and, and, and it came to a finer point here. as you've already said, this program, russian energy is still going to europe. ok. they didn't cut it off. it's a europeans that are cutting off russian energy. let me go to brian. you may go to brad in prague here. you know, one of the things that we're hearing is that the, the, the americans want the europeans to go along with their policies against china. that's not going to go down very well in europe. brad. yeah, i've actually just wrote a piece about this and in fact, you know, you'd bind people like just the bro even have the courage to say that european countries don't want to have to choose between beijing and washington. and that's because it's just in their plain self interest. i mean, but it paging the china has a lot to offer the european union trying to consumer market within the next decade will be bigger than united states. and they are hungry for european goods. i

in europe. brad. yeah, actually i just wrote a piece about this and in fact, you know, you bind people, i just, the bro even have the courage to say that european countries don't want to have to choose between beijing and washington. and that's because it's just in their plain self interest. i mean, but it paging the china has a lot to offer the european union trying to consumer market within the next decade will be bigger than the united states. and they are hungry for european goods. i mean, as long as those are cheap and not, you know, completely screwed on price because irrational energy is not accessible to the market of course. but, you know, there's, there's a lot of fruitful cooperation there. and i think there's a lot of nato alice not locked up on this. i think i would like to come in with the other guess that i think we also definitely have to be very crystal clear that europe is budding out russia, but that is to be had to be american. i mean, they have tens of thousands of troops he

in europe. better indigenous this continent here. but the united states is, is the crystallization about, i mean like the nazis said that the greatest moment and in the history of white power is the creation of united states of america. everything that is wicked about the west is, is, is ramping in washington. and the solution that they're putting forward is, is everything that's evil and dastardly about the west. that's the solution that putting forward it's domination in joe biden gives a speech a t s m c. the new headquarters that so being states and says that we're putting out american products, this is not just a signal to the chinese, you know, that there is a trade war against china. this is also talking about south korea that's talking about japan. this is talking about europe, especially, you know, that the industrialization of europe will benefit america with, as the other guests mentioned the, the inflation act. yeah. you know, the united states is setting themselves up to benefit gre

in europe. i want to ask you, i know that their books office released a statement mentioning political, a legal and financial challenges. can you give us a sense of what she would be referring to? well, that's the idea that the council of europe has been facing challenges and that, and i'm stating here what that statement said by her office that it has to be fit for the future. again, the key concept there being this idea of pan european unity, the german government believes that that pan european unity, something that of vladimir putin with its war in ukraine start trying to destroy under such it is something that germany would like to stress. and that unity that goes beyond the european union and such what babcock is probably going to be discussing. there is not only the idea of further voluntary money that goes to the council of europe, but also stronger political backing. and when we talk about stronger political backing, we're specifically focusing on this as a stressed, important her head

europe and the u.s.'s partnership has shown value and efficiency in the joint reaction to the war in ukraine and our -- since day one and so arms transfer. of course, the european continent has been a wake-up call for all of us. all of our member states realize the need to invest more and better in our common defense and to take more responsibility in meeting europe's security needs. and our strategy compass -- our, let's say, new e.u. defense doctrine. what we do at the european level to ship out ukraine i think deserves probably more attention. i should say definitely unprecedented. the total of more than $50 billion of aid already sent out of which $11 billion are weapons. an additional now $19 billion approved for this year 2023. europe is definitely a key player for ukraine and we'll continue to do this, of course. but let me reassure you. a stronger defense means a stronger nato which will remain, as you heard, of europe's security. so moving forward and becoming a security provider for the continen

europe has woken up.e she is. europe has remembered that she is the same, she is not just an old lady. and what is she? well, really, this is a flag that can change reality and the world, but where to find the tools and how to change it in practice, the energy dependence on russia, yes, angela merkel closed nuclear power plants in germany there was a very popular trend of green energy, which turned out to be more of a populist project than a practical one, because this energy was not enough for commodity dependence on china, because there the cost of production of german goods is so low european children can no longer buy them, how to practically solve the question of whether this will lead to the strengthening of complex processes inside europe, the same there, the rise in prices due to the discontent of the population, some kind of unemployment, to those processes that may appear after the rejection of chinese goods you know, we love russian energy. a little bit like that, and i like to joke a little. p

in europe. she was sure to mentioned that europe is bigger than the e u. referring of course, to the europe at the council of europe being much more inclusive, including $46.00 member states that goes well beyond the $27.00 members of the european union. she mentioned just how important mechanisms of the council of europe are, like the european court of human rights towards the end of her speech. saying how, you know, as she was travelling, a woman told her just how lucky europeans are to have the european court of human rights. because people can bring their grievances to the court regardless of what they are. they could even political prisoners could do that. and so, you know, really her emphasis on the importance of the council of europe. she's also sure to mentioned that financial support to the council is important for to continue its important work here in europe. and in her opinion with, it was also something that she was sure to mention. i a, he also focused an awful lot on women's right

america to gain complete control, not only over europe not only over the part of europe that the soviet controlled becomes the soviet union itself the genius of the marshall plan what is it the colossal impact of injecting into europe in order to restore europe and make it completely dependent on america europe became a huge market for american goods . credits issued by us banks were spent on american exports. goods - this significantly accelerated the growth of the american economy, while the americans at the same time tried to ensure that the marshall plan was extended to the future socialist states. that is, it was hoped that this economic assistance would make an impact on the political decisions of a and on the political model of the countries of the social bloc, yes, these are both the partners of the soviet union and the soviet union itself, of course, for the soviet union this was unacceptable the soviet union already at that time was striving for independence and sovereignty both in international politics and in domestic politics and we see that this is the desire of the united

so europe self reliant on batteries. how did that happen? well, actually this is the result of the success of i'll let green policy agenda sh, clean carol's, for example, promoting the electric vehicle market has created the investment in europe. so that to day l. 50 battery, king of actors in the factories producing that scale are announced. committed to by 2030. meaning that even already last year, we produce ha, all the batteries that we needed in europe. so that's a real success. okay, julia, how likely is it that these companies that are these factories rather, will actually be built until now? those are just plans aren't big? absolutely. so some of these factors, a more advanced than others, but many haven't secured full funding, haven't secured off take, or they don't even know what technology exactly they will be producing yet. so this all shows the potential, right. and now we need smart industrial policy agenda in europe to make this potential happen. and that's where u. s. irate today is a real risk to this announcements tell us w

secondly, we need to get things done faster in europe. so we need to have some kind of green simplification agenda, so it's faster to build a battery factory than a cold factory, europe, and finally, money. joy, amani? just julia, just just her interject here when it comes to supplying subsidies and to make things easier for you might have berlin lobby against that because the german government is warning against protectionism. so did ideally, of course, we all want to rely on open markets, efficient trade, etc. but the u. s. i right 1st china now u. s. i a have really just changed the rules of the game. so if we want to have this industry, we need to be the financial support we give to these companies, but it needs to be smart. it needs to really target the sector. they are at risk. for example, green battery value change. it needs to also not just do research and pilots for 3 focus on opec's or supporting production scale in europe with unnecessary environmental safeguards in place. so do things simpler and better than in the past if we

and go into europe.uy: if christine lagarde was listing to us comedy think she would be worried, happy, worried and concerned thinking i need to do more? madison is sending positive. guest: it might be a little bit of cause for concern in the same with that the fed likes to push back on financial conditions as well. i think we're talking about the medium-term longer-term as christine lagarde is focused on getting the inflation story back into check. to your point, the ecb has more work to do. the reason why is because the growth picture is better than heading into the year. alix: if we're going to trade on the value and better growth scenario, where in the equity market in europe still has that? luxury retailers have been at a 52-week high. guest: again there, you want to focus on those areas where capital expenditures are going to be. from that perspective medium to long-term, you've seen more runway when it comes to industrials, infrastructure related to the energy transition. at the same time although

europe. this is bloomberg markets: european close with guy johnson and alix steel. guy: european equities in something of a holding pattern. a lot of factors in the mix as well. in aggregate we are higher. now trading at 456. volume comes back as the u.s. returns. we are waiting for the bank of japan. starting with the euro side and that is there's a good story on the bloomberg worth reading with the rest of the team talking about it the idea of the ecb maybe goes 50 next time. and moves down to around 25 basis point hike trajectory. feels familiar. that seems to be the narrative we are getting from around the world. those try to more micromanage the narrative. the yen story has the potential to shake things up and we are waiting for the bank of japan tonight. most economists don't thing we will get any significant change. euro-yen down by 6/10 of 1% right now. it's colder in europe. up by around 7%. nevertheless, plentiful supplies . coming back to this idea europe will be able to navigate t

of all the russians who live in europe are worked in europe. all the multinational companies that were best in europe, that trade, that you reference before. those economic ties, those have been destroyed, some of them will never come back. there are many companies that will never contemplate investing in the russian market again, even if sanction lifted, it will be what it was before. and russians are now hated by ukrainians for generations to come. and russians now look like per, i is double parias in russia, in the way that, you know, honestly, the germans felt back in the 1940 isn't an immediate aftermath of world war 2. it's going to be a long word back. it's not impossible because, you know, here we are, this is, don't she vela, we know that countries can recover from this. but it's a lot of hard work. and that's what we're going to be facing with russia again, which is starting again to figure out how we engage with russia in europe and a new european trade, economic and security content context moving forward and how we rebuild ukraine

is very much alive in europe. any kind of pushback that you see for people even against the united states is not a rejection of nationalism or rejection of the american colonial project. but it's really actually just competing nationalism in the sense that people, you know, europe is where colonialism and white supremacy and all these ideas came from. i think it's no surprise and migrants are being skipped good here in europe because that's like i said, you know, these, these beliefs are traditional, they're indigenous to europe. and of course, people are going to go back in, you know, romanticize, some kind of folklore, ised. you know, romanticized past in cling to that and you know, i think these ideas, the scapegoating, foreigners and others as it were. it's just another man. it's a manifestation of that fear. ok, so let's say in a few months this russian ukrainian conflict is still going on. meanwhile, europe's economy, well it's struggling gas is going to be a major problem. this winter inflation is running r

i know at least 12 centers in europe around the world.s, is it still charged with love or not? well, couples in love. i did n't meet there. this is understandable, the weather was not very to put it mildly, it seems to me, the whole. uh -huh, yes, fly, but the wind, because it's still on the waterfront. that's why i even there were such castles. there were lovers. so, there really are lovers there, after all, it is charged for anyone, probably, it was a project of stone, scissors, paper, a quest, we unravel the mysteries and destroy legends. bye. airbrush map is called i'm looking at europe but when the operator is very springy. for some, their passion may seem strange, and many say so, simply because my dolls they don't look like barbies but for heroes, this is one of the main things in life. i call myself a doll big puppeteer. if you start doing this, then this process is drawn in and there is no way out of it. i was sure that i would not do this a couple of times, i even tried to quit in every issue of real stories. watch to break ster

empire from continental europe, but if earlier in continental europe france was also the leader in the louis, then fascist, germany, now the soviet union became the leader in all of europe and churchit understood perfectly well that this is an extremely large strengthening of europe in the forty-fifth year - this is the end of the second world war, the intensification of the confrontation between the united states and the soviet union and the drawing of all kinds of dividing lines on the european continent, in which western europe slowly went into the orbit of the united states of america a in the east europe began to form communist regimes that led. to power under the influence of the soviet union in order to consolidate western europe is necessary there were common joint political and economic projects on september 19, 1946 at the university of zurich, winston churchill proposed the idea of ​​creating a council of europe which later led to the creation of the european union and the creation of all and those echogenic and universal international investments after the second world war.

for ukraine because, well, you yourself understand, europe, ukraine is the first line of defense of europeussia, and accordingly, europe must bear the responsibility of its side despite the fact that they have their own macroeconomic problems and really can there will be some decline even and she should bear er well, more responsibility for ukraine than the united states of america and in your opinion, the worst for europe is already behind in the context of this shock that er occurred after the full-scale invasion and severing of trade ties with russia unequivocally we already see it disappeared, we see that oil has stabilized in parts, they are even burning, gas prices have fallen, that is, europe has already adjusted the supply, or is it a supply of liquefied gas, by the way, in america and from other countries, norway is a lot what has replaced, i.e., europe has already adapted and it will adapt even more, and that is why it will be easier for it to survive in 2023 than in 2022, and that is why europe is adapted, it will be adapted even more by the way, i was in britain and in germany,

. >> the countdown is on in europe. this is bloomberg markets: european close with guy johnson and alix steel. ♪ guy: let's work backwards here, this is emblematic of a story in europe. equities have had a good start, but look at erickson, it is some margin concern story that has built around erickson. it's down 5.35% today. retail sales, we are down about .19% there. stoxx 600, we are down on the week and we get highs earlier this week, we have had a record start of the year. never seen such a strong start. we are up .24 percent. the average forecast for the year, and 2023 of the strategist we surveyed is 452, were at 451. are we there yet? alix: if you are a strategist, when you do with that? are you forced to revise your overall take for european stocks? we see a rally underway in the u.s.. the s&p is up .64%. but still, pretty grim data with existing home sells falling. taking an closer look, nordstrom is down by a full percentage point. they had a rough december. the good news, their inventory looks cleaner but the

it seems to me that it should be in europe because, uh, in fact , europe has been ready for the habit long time. remember, we talked about this in one of our issues. and there is one more thing, such a joke. that in the middle ages in europe from the stench scary perfumes invented they came up with a bath think about it. how amazing it is exactly when a russian preferred to bathe in clean , fresh underwear, and on top there might not be a very rich suit. but it suits him, then a suit, shoes, a tie, was important . it is seen. russia prefers but this does not solve the issue in court could we imagine that in greece greece, the cradle of orthodoxy, the greatest philosophy of the culture of art, the homeland of socrates pythagoras homer, is taught on official television. how to stealing gasoline from other cars because it already costs 2.5 euros per liter from a car has become an everyday occurrence mr. konstantinov, the owner of the repair shop , will show you exactly how. this is done, i must say, this is not something terrible. it is not even needed, a special tube will do. just open

europe, the imperialist, europe's ability to have their stability and prosperity right. one rested on the other. you know, why was europe complicit with the usa for so long? because it's so it's best interest as being a junior partner in this hegemonic rule of the world, than in, you know, trying to, to trade separately as it was, wasn't strong enough. after world war 2, the european powers to be, to be a power on their own. you know, the idea of them making a partnership with russia did always, always make the usa nervous. because that's the potential ability then for power to be strong enough to question. then threaten dominance of the usa, but the problem for the western europeans is they want to rush that was subservient . not to partner. that, that's, that, that's the how imperialism works. they wanted russia's resources, they wanted, it's military power. it's technological base. it's agriculture. but they wanted to just take it, they didn't want to do to join and share the spoils, share the lute. there's too many russians to, should, you know, to, to cheryl the out

it seems to me that it should be in europe because, uh, in fact, europe has been ready for the habit long time. remember, we talked about this in one of our issues. a there is one more thing, such a joke. that in the middle ages in europe, terrible spirits were invented from the stench. and in russia, they invented a bath , think about it. how amazing it is exactly when a russian preferred to wash up to put on clean fresh underwear, and on top there might not be a very rich suit. but it suits him, then the suit was important there. shoes, judging by the time, not that the undercoats were invested. it was no longer the meaning of them not to be seen. was but this does not decide the court question could we imagine that in greece in greece the cradle, orthodoxy is the greatest philosophy of culture arts the homeland of socrates you fagora homer on official television teach. how to steal gasoline from other cars, because it already costs 2.5 euros per liter from cars has become a daily occurrence constantine co-owned three fashionable workshop will show you exactly how. this is done, i

tomorrow the whole of europe will erupt; what will happen next is nothing good for europe; experts shrugagreements around ukraine among countries. the west will only grow society loses interest in the conflict, then the losses are growing inexorably, and burning billions on incitement and global conflicts is very, risky roulette, 21st century, happily. what is the best way to test your erudition and ingenuity correctly tricky questions to start at what age he as it seems to you, he could already be called a grandfather. i think that c 60. i probably just exhaled right now, and bogdan thinks so, but i read the new land in a summary and, in my opinion, option b appeared there. if this is the wrong answer, grow up, please, otherwise i will be the teacher of the belarusian athlete who has the most instagram followers rules of order and priorities the task is simple to make friends against a common enemy, how important it is to make a decision based on knowledge of not on the case of distortion. lies and manipulation are those effective methods of influencing people that have been tested for

. >> the countdown is on in europe. this is bloomberg markets european close with guy johnson and alix steel. guy: let's check on the markets. let's talk about the action we are seeing thus far. european stocks are up. the two are obviously interrelated. on day one of everyone being back at their desk the dollar is on the front foot. what does that tell us about the view is going to transform itself. that's the big picture macro story. luxuries doing well which is interesting given what's happening in china. travel is doing well particularly long-haul travel. up by four points, trading up into the close. alix: in the u.s. we are lower versus what we are seeing in europe. off the lows of the session. the weak spot is definitely tech. tesla down, missing deliveries at the end of last year. you can say that's a micro story with tesla. then you get apple. reporting their suppliers -- it's rounded to trillion dollar market value. can we draw a line through the economy and underlying demand when it comes to tesla and apple or

and it started such a strategic cooperation between the er states and er europe.a result, the north atlantic alliance was formed, nato er, the french. they always were considered the leaders in europe in terms of armaments, i think that the french army is considered the strongest, namely the largest army in europe. er counterattack or interception, they still have to agree on this spontaneous, who is responsible for making decisions themselves, let me remind you that the er aircraft carrier charles de gaulle is the only aircraft carrier in europe that can carry er rafale aircraft that carry nuclear weapons today er- e layer de gaulle is chatting in the red sea just watching the nuclear threats of russia, controlling these nuclear threats so that emmanuel macron of france in general, they can say they can afford to talk about the autonomy of the european security system, but macron including his first cadences of dreams about the creation of a european army. well, then there were clear reasons. it was in the 17th year. and then something was not really listened to

i see ceos softening they are not calling for recession in europe. improvement in energy situation and reopening of china is seen positive >>> energy security is a pressing issue for the eu and individual member states since the war in ukraine began finding alternative sources is set to remain a challenge in 2023 we spoke to a number of energy ceos in davos about the future supplies in europe >> i think i would have preferred to help the german with india in 6 to 12 months to put turbines up. i think if you start doing that, you also know that the decommissioning of those gold mines and others takes years i think we could have done alternatives >> government had to react on very short time and had basic very little reflection space if you look at the consistency that existed with the previous policy, the union decided to we weaponize the economy. this is now an acceleration in the direction rather than anything else. if you need to survive, you put it out for a couple of years which is really not the point. >> i'm happy to bring in my first guest. th

and europe. your markets in europe are currently looking at games of close to 0.5%.utures in europe pointing down -- in the u.s. are pointing down. stay with us. this is bloomberg. ♪ francine: looking back to the open. we are 23 minutes into the european trading day and a lot of updates from a lot of companies. we have a full roundup in the u.k. with retailers. overall, waiting to see how the u.s. cpi print shapes out. let's get straight to the bloomberg business flash with alice atkins. >> disney is preparing for a proxy war with activist investor nelson peltz. he has nominated himself to the board in what could become a highly heated debates over leadership. meanwhile the executive chair of nike will take over as disney's chairman. he will advise bob iger in finding the ceo's placement. bloomberg understands subway has hired advisors to explore a sale that could value the privately owned sandwich chain at more than $10 billion. the u.s. company is one of the world's largest quick service restaurant change -- chains. chinese carmaker byd is planning an aggressive ex

to strategic harmony of europe. i think there will be no issues with getting this permission. i can customer shasky from ion j. thanks a lot for being with us. now. aerosol around a central component of many green technology is that what, for example, allows wind turbines to generate energy. a challenge for the green energy sector is how to store that power for when the wind isn't blowing. batteries come with the iron environmental risks. traditionally large batteries contained lithium or cobalt extracting these materials is tough on the environment. here in the southern german province of franconia, a new organic battery system is set to revolutionize how we store sustainably generated electricity. cm blues organic solid flow battery doesn't use rare earths . once the battery buffet are organic, solid flow battery is based on fully recyclable, organic materials that are available all over the world. these plastics are all recyclable and also biodegradable you about. it was pit guyla's idea to come up with a ground

and now europe has gas from asia.here are no funds that it previously earned in europe, that is , the economic effect of this whole game of russia , that is, mr. ivan, did i understand correctly that if we talk about the complaints of certain european leaders, come on i will directly say, for example , the prime minister of hungary, viktor orbán, about how his poor hungary suffers from these sanctions, these are more political statements than real, and some negative consequences are real from sanctions for hungary, definitely. sometimes it seems to me that viktor gorban is playing some kind of cranky child who wants to get some discounts from the european union in exchange for the fact that he will give up his clearly pro-russian policy, because we understand that hungary is now almost the only one an eu country that is now considered rather as an ally of russia, while others increasingly distance themselves from russia, but this is partly related to this word with pressure on the eu, and partly this already applies t

and when we came to europe and dominated europe we dominated europe after napoleon after the defeat -nd at this point, of course, many countries are very skillful, as they say in the more so russians are conceited alexander i was conceited. so to speak, he liked him and they talked about him there, he went to paris and so on and so forth, well, with this it is such a national character, but as soon as they feel that russia was weakening, the crimean war is the same. intervention civil war. there's a revolution here. right there, like kites, like jackals. we entered here. everyone, even the greeks, even the greeks, and those ships arrived, well, they don’t talk about it. invasion of uh, so to speak , hitler, because then, as you remember in well , you know, so to speak, in the soviet union the british the americans the british gave 2 weeks that he would endure the american all the intelligence of months. they were absolutely sure that the soviet union would fall. just the future president, and the future president of the romanians said that we need to see who wins and then the criminal

tomorrow the whole of europe will erupt; what will happen next?hing good for europe; experts shrug their disagreements around ukraine among countries. the west will only grow society, interest in the conflict is losing losses, growing inexorably, and burning billions on inciting global conflicts is a very, risky roulette, of the 21st century, happily. for you around the clock, do not switch.

see it right now, but are there signs that the cohesion inside europe and between europe in the united states is spraying, especially in the united states where china is now seen as a much bigger threat than russia. and folks would rather focus on the cost of living here instead of funding wars abroad. today we're talking with boris ruger, the former deputy ambassador of germany to the united states. and currently the vice chairman of the influential munich security conference which convenes next month. and jacob halliburton, editor of the national interest magazine and senior fellow at the atlantic council's eurasia center, at our very own abdur rahim to car bureau, chief of al jazeera for north and south america. gentleman is great to be with all of you and force. i'm going to start with you. can you tell me today? i know you don't represent germany anymore. you represent the biggest franchise in foreign policy. in the world. is germany all in or not all in, in fighting russia and helping ukraine at this moment. i guess people can have different opinions. one way of looking at it is