the earth is forcing 30 multinationals including cale i'm airlines and oil companies, b, p, and exxon mobil. to publish their emissions reduction plan or risk legal action. the group want a landmark court victory against royal dutch shell. falling a similar campaign last year. as winter takes hold and temperatures plunge, electricity prices are affecting more than just european households. energy hungry businesses like metals production are also feeling the squeeze. this is the last thing manufacturer left in france, but storing energy costs are threatening to bring production to a standstill. if prices remain as high as they are now, the smelter will be shut down on january 17th. he'll probably still until now. the price of electricity has been around $40.00 euro's per megawatt hour . but recently the prices have gone up to levels. i've never seen in my career 304-0500 euro's per megawatt hour and they will buy me, go with them. when it costs that much, it's just not possible to make zinc economically better. does it stop? if you decide to think is a common ingredient in everyday items, li

cf industries, exxon mobil, freeport mcmoran back to you. >> thank you very much now to the bond marketre the ten-year yield has hit its highest level since february of 2020 right before the pandemic really hit home here in the united states this move seems to indicate that traders think the fed's going to get even more aggressive in raising rates and cutting back stimulus so you see right there, the ten-year note at 1.848 last week, if i'm remembering, it was about 1.78. so these are significant moves and from where it was six or so weeks ago in the 130 area, this is a very, very significant move trading is closing for the day after hitting the highest level since october 2014 pippa is at the commodity desk >> that's right. oil at more than a seven-year high wti is up 2% at $85.56 after hitting earlier $75.74 brent crude tops 84 bucks today, but couldn't hold that level it's now $87.66. geo political tensions in the middle east are stoking supply worries in a tight market. yemen's rebels claimed responsibility for a deadly drone attack yesterday on the united arab emirates the country

but the biggest kicker for me is that exxon mobil owns 76% of this pipeline. i had no idea that the foss fuel industry and these big corporations had such aresence in mhome state. so, i went back to rvard that fall d i stard a campaign call divest harvard. i'm not gonndig too much into the ecific story of divt harvard, it's a powerful story. we started with three people and within two years we had0,000 people who had signedn to our campaign. but during divest harvardays, saw the por of young people to build really deep movements that were focused on systemic change. in high school i was focusing on using reusable bags, and then at harvard, we were focused on building movements to change how the fossil fuel industry interacts with our society. we werusing climate change as a way to talk out the importance of divestment. but we were also trying to say that we need to really look at the fossil fuel industry and their stranglehold over o political system. we werbuilding a movement for a better politics rough our universities. so it s a little bit convoluted but th

but the biggest kicker for me is that exxon mobil owns 76% of this pipeline. i hano idea that the fossil fuel instry and these big corporations had ch a presence in my home ste. so, i went back to harvard th fall and i started a campaign called divest harvard. i'm not gonndig too much into the ecific story of divt harvard, it's a powerful story. we started with three people and withitwo years we had0,000 people who had signedn to our campaign. but during divest harvard da, saw the wer of you people to build really deep movements that were focused on systemic change. in high school i was focusing on using reusable bags, and then at harvard, we were focused on building movements to change how the fossil fuel industry interas with our society. we were usg climate change as a way to talk about e importance ofivestment. but we were also trying to say that we need to really look at the fossil fuel industry and their stranglehold er our pitical system. were building movement for a better politics througour universities. it was a lile bit convoluted but that was our t

season rolls on with big names like alphabet, general motors, ford, ambassadors, starbucks and exxon mobil all reporting this week. spotify is making changes. the streaming service will add content advisories before podcasts that discussion covid. this follows protests by neil young over the spread of misinformation. spotify's ceo laid out more transparent rules saying advisories are rolling out in the coming days and will link to spotify's fact-based covid hub. and burger king, denny's and dominos are among the restaurant chains trimming parts of their value menus to try to improve margins. the "wall street journal" says executives hope this will bring less pushback from customers than price increases. mcdonald's is letting franchisees sell sodas for higher prices. denny's is promoting low-cost items. restaurants costs rose 6% year-over-year in december, the biggest increase in nearly 40 years. >> they're taking our value menus away. you need just a little snack. >> yes, exactly. >> thanks, silvana. >>> unusual reopenings, literally decades in the making. this goes back from the 9/11 atta

in fact, the top tick tock star made more than the ceos of exxon mobil, starbucks, delta and mcdonald. those are some pretty big names there. the next highest earner was charlie sister, dixie at $10000000.00. with addison re at $8500000.00 earnings from the top tick tock. celebrities even grew by 200 percent from the year earlier. and with all of their business dealings, movies, commercials, and all that. you can expect that the balloon in the years to come. and that's it for the time you get boom bus on demand on portable tv, find it at portable dot tv will be that me. ah ah, driven time dreams shaped by those with the in me thing we dare to ask me now we have reds. i just heard that it was a healthy alternative to cigarettes. do we trust tobacco companies with their message that these new products are actually going to reduce these issues or making the tobacco with waller officers or facing an increasingly dangerous environment? we are seeing a growing debate about so called warrior cops. the term that i've heard in the militarization of police this is a nam wrapped vehicle we acqui

in fact, the top tick tock star made more than the ceos of exxon mobil, starbucks, delta and mcdonald. those are some pretty big names there. the next highest earner was charlie sister, dixie at $10000000.00. with addison re at $8500000.00 earnings from the top tick tock. celebrities even grew by 200 percent from the year earlier. and with all of their business dealings, movies, commercials, and all that you can expect that the balloon in the years to come. and that's it for the time you get boom bus on demand on portable tv, find it at portable dot tv will see you next. me now we have e cigarettes, i just heard that it was a healthy alternative to cigarettes. do we trust tobacco companies with their message that these new products are actually going to reduce these sugar as are making the tobacco up into over 3 years? ah, we have recently of course, so the un, sorry, did the united states talking about human rights talking about press freedom. if you go to the top, the top, you got a wall to wall. in other words, you gotta be consistent. you cast out on the one hand, we believe you p

in fact, the top tick tock star made more than the ceos of exxon mobil, starbucks, delta and mcdonald. those are some pretty big names there. the next highest earner was charlie sister, dixie at $10000000.00. with addison re at $8500000.00 earnings from the top tick tock. celebrities even grew by 200 percent from the year earlier. and with all of their business dealings, movies, commercials, and all that, we can expect that the balloon in the years to come. and that's it for the time you get boom bus on demand on portable tv, find it at portable dot tv will see you next. me, i now we have e cigarettes, i was just heard that it was a healthy alternative to cigarettes. do we trust tobacco companies with their message that these new products are actually going to reduce these sugars are making the tobacco up into over to yours? ah, a financial survival guide, stacy, let's learn about be allowed. let's say i'm a true i can any are great. com, grease on banks of the site. wall street broad thank you for helping with enjoy. 6 that right fell out in depth slavery while our officers are facin

in fact, the top tick tock star made more than the ceos of exxon mobil, starbucks, delta and mcdonald, those are some pretty big names there. the next highest earner was charlie sister, dixie at $10000000.00. with addison re at $8500000.00, earnings from the top tick tock, celebrities even grew by 200 percent from the year earlier. and with all of their business dealings, movies, commercials, and all that. you can expect that the balloon in the years to come, and that's it for the time you get boom bus on demand on portable tv, find it at portable dot tv will be an act that me now we have e cigarettes. i just heard that it was a healthy alternative to cigarettes. do we trust tobacco companies with their message that these new products are actually going to reduce these sugars are making the tobacco up into the workforce? back digest, financial survival guide. would go through to go buy you reduce the price, then el, reduce a lower that undergrad ink, but what's good for food market is not good for the global economy. july, an annual festival in st. petersburg dedicated to dusting epsk

this is a new high for exxon mobil. the highest preomicron in the middle of november these are signs the market believes the economy is strong, not weak the problem is with mega cap tech and more so with speculative tech mega cap is down 1 or 2% this week you can see they're trying to rally. pretty anemic. they don't have a lot of confidence in the ability it's safe to buy these stocks we're seeing a slightly bigger bounce in more speculative tech. all the stuff that cathy wood loves. this is pretty anemic. they're down 6, 7, 8% this week, most of the speculative names. it's a little bit of a problem i think the big story nex eltweek is going to be the powell conformation hearings the people arguing tech are like don't worry, he's going to sound hawk gsz it sounds like they're quite committed to this particular path maybe the bulls don't have a lot to hang their hat on that march rate hike very high probability and that's got people spooked as well >> shouldn't the banks be a 15-year high today a week out from bank earn

for the first time, exxon mobil has made a long time pledge o -- pledge on emissions. it is a major step for exxon. the company has been slower than some of its rivals to address climate change. major u.s. airlines are warning of catastrophic disruptions from wednesday's scheduled rollout of 5g wireless service. a trade organization urged government regulators to prevent 5g from make implemented -- from being implement it within two miles of where aircraft fly. they are worried that the signals could interfere with aircraft instruments. a study in israel showed that a fourth dose of the pfizer/biontech vaccine was not enough to prevent infection from the omicron variant. researched did say the vaccine raised antibody levels, but that only offered a partial defense against omicron. late last year, average earnings rose 3.5 percent in november. that was below the increase in consumer prices for the first time since july 2020. blackrock ceo larry fink is heading back at critics who say considering environmental impact in investing is politically motivated. in his letter to

exxon mobil up 12% this week forget that is extraordinary. not a year, not a month, not a quarter. in one week, being helped out by oil. but the cyclical value reflation trade is in full force. apple down 2.9% this week, off of its lows, but not a great way to start the new year. nvidia down even more, down 6.2%. one reason to think that more volatility could be had, chris murphy of susquehanna joined us on options inside yesterday, and he is making the point he doesn't think that the tech selling is over. the reason being there's not enough stress showing in the market. on bottom here is the 10 year yield. back in march 2021 when the 10 year yield was around current levels, that is when we had a pretty big selloff for the nasdaq 100 in particular. that showed with the vixn, the nasdaq 100 relative to the vix, we are nowhere new that level, suggesting there could be more pain ahead for tech traders. guy: great stuff. thank you very much, indeed. that is a fantastic final chart, by the way. i think alix was going to use it a little later on. a

exxon mobil in particular getting a nice bid, up 2.5%, as they have committed to zero emissions by 2050 we take a look at one of the big drags on the day, goldman sachs, let's take a look at a super interesting chart. this points to a lot of what is going on right now. but we are looking at in blue, the five year yield, we are looking at the 5-30's curve in white. as the yield curve comes in, that tends to him on a macro level, help stocks and creates a more favorable macroenvironment for stocks. we see that happening right now. of course, and have -- of course , ahead of potential inversion. selling be short in the middle and end, we see this interesting dynamic or get the yield going higher has helped the banks on the year, but today, the banks are not being helped by rising yields. stick a look at goldman sachs, having everything to do with weighing on stocks, down 7.6%, its worst day since june 2020. of course, their investment banking business is very strong. however, on the other hand, their trading revenue a bit of a disappointment, down 7%. equities expected to come in flat, dow

apple is now bigger than walmart, disney, netflix, nike, exxon mobile, coca-cola, morgan stanley, boeingbined wow. tesla, 13% gain yesterday on the blockbuster delivery numbers stock not responding now, down just a touch still a stock to watch and a big start to 2022. >>> let's get to this morning's top headlines, including developments in the fight against covid. bertha is back with that and more bertha >> just wanted to mention if you watched yesterday in health care we saw a rotation, some of the losers and laggards were the gainers yesterday. meantime, the fda expanding the emergency use authorization for pfizer's covid vaccine booster in some kids the agency says children 12 to 15-year-olds can now get the third shot it's also shortened the time needed before receiving the booster for the age group from at least 6 months after the first two shots to at least five months the development comes as president biden and vice president harris prepare to meet with the white house covid response team later today to discuss the strategy amid the rapid spread of the virus. the u.s. setting a g

for instance i shared with everyone the chart of exxon mobile, looks like a nice bottom is being made and looks like we have 30 plus percent upside to the next technical objective. >> big oil is something folks watch because it's the most brand recognized way to play the market you mentioned the large cap, mega cap technology trade. when we talk about rate hikes the last couple of years, we talked about possible interest rate increases we talked about compressions and multiples, valuations coming in for growth oriented tech names. why do you still like big tech, even though we know the fed is going to raise rates, kind of cut its balance sheet off, do that kind of stuff, why do you want to be in places that have seen in the past a selloff due to rising rates? >> we have to break up tech a little bit here between some of these companies, in specifically the software names, where they've been trading at 5, 10, 30, 40 times revenue and i'm not talking about wanting to own some of those names at this point in time. i think where you want to be is companies like microsoft you want to be lo

number two is exxon mobil. that's off to another hot start. it's up more than 20% this year after gaining 48% last year. they're getting a boost from emergency pricing, rebound in travel they're expected to double revenue when they report are you nervous after chevron today? >> you know, i think the entire -- the thesis here really is things that help maintain inflation hedge on the portfolio. and this is obviously one t thapar -- participating directly this company has been really finally outperforming in their earnings and could there be dips and roller coaster ride? yes. however, the broad cycle is in their favor. and so even though they may have ups and downs, i think there's still a good 12, 18 months of runway for this company to continue to perform. and help hedge a portfolio in the face of lingering inflation. >> i know you tend to be a stock picker, but what about the energy etf more broadly or the whole sector at a time when they are looking for the pricing power hedge? >> no, we love this sector right now. this sector is a space tha

oil companies like chevron and exxon mobil able to gain so much influence on the post-soviet state ofkazakhstan, making the country one of the largest oil producers in the region and what power do they have now? >> i am not an expert on kazakhstan. i can only talk about putin, more oless, confidently. what i know -- one of the reasons probably very unfortunate moment for the west because from the numbers i had, i looked about 350 billion invested in those industries, so if putin has a political and ecomic saying in kazakhstan, then evidently difficult for them to -- infinitely difficult for them to function and not take russia into account. one of the things about nazarbayev, and that is why said those reports in russia kazakhstan or was the russian backed president, it is not true. one of the things that nazarbayev was able to do is create his ownpace, his own country and eve time when putin would say, well, you did not even exist before the soet union, nazarbayev responded this is our country, you don't have a say in it. so he kept russia at bay and he was welcoming all of the inves

the food system, the health system, fighting global warming remedies, the fossil fuel industry, exxon mobilre planning our genetic and here dense, commercializing childhood should be a left/right issue, conservator issue. the press never asked about it. the self-censorship of the press is overwhelming. that is why we have to have a more independent media. look at the coverage of ukraine. as katrina pointed out, if our country was invaded here in a span of 40 years from the north, with 50 million casualties, what do you think we would do? do you think we would just station troops on the northern border? we would have taken over the northern country and an x to. that is why dictator putin can get away with what he is doing now in terms of public opinion of the impoverished russian people because they remember, they have the casualties and their families from the western frontiers, started with napoleon. here we are expanding a military alliance for arms sales for the military-industrial complex. as was pointed out, a condition of joining nato is to buy the f-16 and other weapons and eastern e

put another way, if you combine the value of walmart, disney, mcdonald's, ford, coke, exxon-mobil andpanies you see here, apple is still worth more. or you could say it's bigger than the gross domestic product of most countries, including great britain. only the u.s., china, japan and germany are larger than the market cap of apple. the stock settled back slightly to close at a market cap of $2.99 trillion. a figure all the more remarkable because of how fast apple got there. it took 42 years from its launch in the bay area garage to reach its first trillion dollars in value. it took just two years to hit the second trillion. the third trillion, 16 1/2 months. the stock was up 35% last year. apple won't be alone for long. analysts think microsoft could follow its tech titan rival into the three high mile club in the next few months. remarkable. "early start" continues right now. >>> good morning, everyone. this is "early start." i'm laura jarrett. >> and i'm christine romans. exactly 30 minutes past the hour this tuesday morning, that means it's time for our top stories to keep an eye

broader market as well but when you look at names like for me, it be ibm, honeywell, halliburton, exxon-mobile, jpmorgan, those are really great big beautiful, boring but very nice u.s. names for people to have in their portfolio. now, look. i'm 60 i'm not 30, so my outlook and my time horizon is very different, so again, you also have to think about where you are in the time horizon, right? liz: i've got to totally disagree on ibm. that thing continues to disappoint, but todd? >> i love ibm. liz: looking at all these issues can the earnings paradigm that come out this week whether it's microsoft or apple can that shift the narrative at all? >> you know, we're watching these indices decline, when you mention the russel is in a bear market and the s&p is in a correction and the dow is only, you know, days away from being in a corrective market that's stealing the show. now the smart traders are watching the individual companies, yes and seeing where they are coming in with earnings and what their forward guidance says and yeah when some of these numbers look too good to be true usually they are

oil companies of russia, gazprom and president of, -- and raznev, but it was also coupled with exxon and mobil and british petroleum, and so on and so forth. and they have, by the results of the dig -- they have acquired a stream of gas and oil to supply western germany and all of our patrons that used to purchase the american oil and gas. so the situation is always a little deeper if you scratch the surface, and what politicians like yourself want to indicate to the pit -- to the public. host: congressman, your response? guest: i don't think that putin is putting his forces around the ukraine in an effort to help or hurt american or british oil companies. on stream 2 -- nord stream 2 is part of the overall picture. he very much wants that pipeline completed. we are opposed to it in part because it will create an infrastructure where germany in particular, and other western european countries, will be dependent for their natural gas on russia. he who supplies the natural gas can turn off the natural gas, and that creates a certain dependency. russia could impose economic hardship on germany, i

after that, exxon's mobile chairman ceo, darren woods joins us about greenhouse gas ementions, a plange thing for an l d oiangas company. he will tell us their plan "squawk box" will be right back. competition beat us again. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. as a business owner, your bottom line workday. is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business: powering pos

. >> right now >> "private kingdom" about exxon mobil. >> you're doing a special -- >> stop. >> what>> i'm you trying to learning. huge enormous tomes about corporate america, they're interesting. >> it started with our people. that's what they call them, who can best help drive our mission forward, and now they say they've seen what flexibility looks like and trust and allowing their team to do the best work, create a workplace that's more inclusive and equitable, so they have a primarily remote apreach >> robinhood needs to get its act together and get its clients to stop trading dogecoin and options so much. >> i was working on a piece on how to fix robinhood i gave up. >> do you think draftkings and robinhood will ever merge? >> the problem with draftkings is there's 17 other outfits. >> am i betting on the game or -- >> no, because -- you mean in terms of the game-ification? >> yes, yes. >> i met with a very frank 19-year-old, when i said why did you go to robinhood? >> he said i got tired of candy crush. >> i remember that i remember that. >> that was a tough interview. >> dow

have this for you as well the theicsen chevron says net zero -- you can see an intensity target exxon mobil. shellr shell's target is to become a net zero energy business their target is to become, and bp sets its ambition as well we all hope, but there's a key here to the language in terms of what they're trying to accomplish it's different from target, saying we're going to be net zero it's easier for them to do it, or apple, we'll be 100% carbon neutral. >> did you notice where the oil companies getting there are based? >> europe. >> so what's happening, carl -- >> to be fair, bp has an ambition they're using the same language as exxon. >> i think their companies are scared i think they're afraid if they don't do it, the government will do it for them my charitable trust is in chevron, but i like they permian players, devan is the number one performing >> and i think it's not done >> let them come down a little today is obviously a bounce day for the stuff that's been crushed. and then go back, devin has a 7% yield. >> what is your thoughts about iff these days >> we need a new ceo there

although, it is somewhat ironic when you look at exxon mobil's share price.t's not because of their announcements on climate or decarbonizing. it's purely because of their actual business which is doing extraordinarily well chemicals also, by the way, doing well >> this larry fink letter, i don't want to talk woke versus not woke but the essence of it is the stakeholder issue. over and over again, the stakeholder issue. throughout this earnings period already, you're seeing one major theme. people can't get people. i've always felt -- we know when we see a help wanted sign on a restaurant, i get that do we get help wanted signs at goldman and j.p. morgan? we need smart people that we can overpay. >> that was the big story friday and goldman rolls in with expenses up 33 a little bit of a miss in the equities business. this is going to lay the road map for the earnings season. >> i read through that and i said, all right, they can say 250,000 to start there is it that horrible to find people or are there not enough people who want to go into finance verses goin

we feel the same thing, our ranchers, our farmers, these are small businesses, not exxons or mobiles.r cars up. they've told us they have to raise their prices. you mentioned the customers, a dollar, two dollars, we're seeing a nickel, a dime, a quarter, sometimes the meat may go up a little bit more. but you're feeling the pinch right now. we're trying to hold our prices as long as we can. >> and we've talked a lot about the supply chain crisis. is there anything that's really hard to keep in stock these days? other stores have had problems with cream cheese, pasta, pet food. what's the experience been like for you? >> every morning when we wake up, something new. and a lot of it has to do, like you mentioned, with workers being out. they just don't have enough people. even truck drivers, sometimes. what happens with trucks from california, they don't have the drivers because covid may have hit that one area. there's a lot of reasons that we're getting it. i hear new york is like two weeks late at the port. in l.a., i was talking to my nephew that gets stuff out of long beach, at the

a quick as toing to watch, exxon mobile rbc updating the stock to sector perform to under perform with. analysts saying overall tailwinds for the sector is one reason and a prolonged strong commodity cycle both make the stock attractive at current levels becky. >> oil prices hitting a seven-year high on tuesday, trading in the mid-$80 rage, ac range. joining us is jeff curry head of commoditytive research at goldman sachs. rich everythingle was on earlier talking the heightened tensions between russia, the united states, ukraine. everything that's happened with nato this is a serious point of inflexion. this is something that really matters right now. maybe we don't talk about it enough it certainly looks like it's getting picked up on when it comes to the global markets, especially in the price of oil >> oh, we look at the movement the last couple of days. i want to emphasize it's driven by fundamentals, not the geopolitical risks now the market is much more vulnerable today to these geopolitical risks than ever before in this cycle because inventories are so low so the very tight fun

their dividend for the 30 fifth straight year they have raised their shoulder -- elder payout and exxon mobilusinessman making sure you pay your investors enough that they stick to the clock. stuart: chevron did very well in many respects but because it didn't meet those famous expectations they are down 4%. is that it? susan: i think with chevron given that oil prices are the highest in eight years and made the most profits, what else do you do besides ride on the oil price? stuart: look at the oil price now, $88.50, another 2% and chevron is down. crazy stuff. they are up 6%. susan: if you multiply by 7 points, 80 points on the dow rally this morning. revenue topping $7 billion for the first time, consumers continue to spend especially online, interior, strong in particular and plastic visamakers is a strong indication that consumers around the world continue to spend. stuart: let's look at tesla. that is your story, your subject, that's going to be your car one day. what have you got? susan: if i can find a cyber truck eventually, tesla had its worst day down 11%, sub 800 here. that's what

companies like exxon mobil, atf, those are the names, confidence by names, energy is a great sector.le trading at 18 times earnings, that's the tech name i think you can get at a reasonable price. stuart: talk about energy for a second. a cold snap in the northeast will last for some time. i've got stuck in a storm on sunday so i presume a cold winter is good for energy stocks which we are rotating into. >> crazy dichotomy happening, clean energy like electric and solar coming on board but what about the old dog energy. looking a report on energy by 2050, clean energy sources will only support 50% of the world's energy needs. oil is not going away. we've got another 25 or 30 years where oil will be a big part of our daily lives. i think we can confidently be buying these energy names and know they are providing profits for years to come. stuart: oil just went to $80 a barrel as you were speaking. got you, thanks for joining us, see you soon. next case. federal reserve vice chair is going to be stepping down from his term of office early. did he profit from nonpublic information about

oil companies of russia, gazprom and president of, -- and raznev, but it was also coupled with exxon and mobilritish petroleum, and so on and so forth. and they have, by the results of the dig -- they have acquired a stream of gas and oil to supply western germany and all of our patrons that used to purchase the american oil and gas. so the situation is always a little deeper if you scratch the surface, and what politicians like yourself want to indicate to the pit -- to the public. host: congressman, your response? guest: i don't think that putin is putting his forces around the ukraine in an effort to help or hurt american or british oil companies. on stream 2 -- nord stream 2 is part of the overall picture. he very much wants that pipeline completed. we are opposed to it in part because it will create an infrastructure where germany in particular, and other western european countries, will be dependent for their natural gas on russia. he who supplies the natural gas can turn off the natural gas, and that creates a certain dependency. russia could impose economic hardship on germany, instead

mobile connection. and luckily we were given a chance to make a call from a cadillac number. there is no internet and no connection at all. please from the russian embassy and cause exxon has confirmed that the internet is down. but officials say they doing all they can to help russians are caught up in the calles and off the days of well unrest. you can see the supply chains had been hit. these are mc supermarket shelves in the capital of the country. and let us show you some of the latest pictures from the city of town on the caspian sea shore, where the unrest started off. and the government removed a fuel price cap a new year though, since then and importantly, so with the protest of snowballed in the broader anger over inequality, unemployment, and claims of government corruption and nepotism. earlier people tried to storm government buildings in town, but the situation as we understand for now is relatively the president has tried to appease the protesters by reinstating fuel subsidies. a prices of petrol, diesel, and liquid petroleum gas will remain kept for the next 6 months. but that has done very little to stop the tide of unrest. so just briefly, here's a qu