i'm keen to hear what the head of ifo institute for research. klaus, this was not the headline many expected. the german economy is sending signals of hope. tell us more >> correct i think the main piece of good news is that a gas rationing scenario is becoming a lot less likely storage is full and lng terminals are being built. the likelihood of a gas rationing which is the risk for the german economy and the likelihood has declined. at the same time, we see consumers spending more than one might expect despite the higher energy bills that has a positive impact on retail and seems to lift the mood generally >> that is fascinating certainly reasons to be optimistic even if we avoid a worst-case scenario which is gas rationing in germany, energy prices are extremely high and the government has support measures to help businesses and households deal with the higher costs. what can we expect with price rises and productivity as the companies grapple with the high are energy price environment >> it continues to be a very challenging environment. the

i know you were's -- were somewhat myth by my optimism but ifo good during the whole process. thought we would do fine. whiny c loss is painful, some good democrats did not win last night, democrats had a strong night. we lost fewer seats in house representatives than any democratic president's first midterm election in the last 40 years area -- ears. we have the best term for governor since 1986. we also know voters spoke clearly about their concerns. about raising costs, rising costs and need to get inflation down. there are a lot of people hurting, very concerned. it's about crime and public safety. they want to preserve our democracy and protect the right to choose in this country. host: president biden speaking from the white house. we will show you more about what he had to say threat the course of this three-hour show. a three-hour show where we focus mostly on your phone calls as we ask what message did voters send on election day. on lines, democrats (202) 748-8000, republicans (202) 748-8001, independents (202) 748-8002. more postmortem analysis, this coming from sen

the ifo business climate index dipped to a 29-month low in october as companies were less satisfied withheir current business situation. the institute said the german economy faces a difficult winter and sentiment continues to be grim. in manufacturing, the index fell again due to companies more pessimistic expectations, but the mood in the service sector improved slightly following a nose dive the previous month. and on friday, officials in japan will release november consumer price index for tokyo. it's a leading indicator of inflation nationwide. >>> october's reading, excluding fresh food, climbed 3.4% from the year earlier. that's the biggest jump since june 1982. soaring raw material prices and higher import costs due to the weaker yen were the main factors. food prices increased 6%. fast food hamburgers were 18% more expensive. gas and electricity bills both went up more than 25%. >>> okay. let's get a check on the markets. >>> that's all for business news. athat's all for business news. nthat's all for business news. dthat's all for business ñ?7 ♪ >> hello there. this is al jazee

and ifo that's not the first ps thing that we put on the floor and pass out of a republican led majority than we've already failed the american pain vaccine, passportse alread the, reparations, tracking people's movement, taking awations,y fred their basic freedoms, basically signing, signing off everything to china and the whl., yoyou u can't make this stuff. i mean, this is just insane.insa this is the america lastwe have presidency. we have to do everything we catn to block it. and even with maa narrowjo, slim majority in the house, we can invite and also discuss this latest digital accomplishments with the president at the g20. pr congressman, watch this. >> broad launched a new project with countries across wy the g20 and beyond learning new ways on climate, energyty ad security and digital d a connectivity. and the world needs a positive b investment boost. tra invest in renewable energy and transport corridors ingita digital connections that people can trust. us ou congressman, he's bragging about selling us out on energy t and the europeans are thrilled with it. he's supposed to

i think, stu, ifo go you had a chance to like all of us ,ha to go back and do it differently, we would. but we wanmat to prevent kidde. s from making a lot of the same mistakes that we made is certainly mistakes that i madeto. t so anything that we can doand bn an kind of show them an easier path to to serving god and just being positive, productive members of society in the community, especially in the church, and gravitating towards their faith, whether slam that's catholicism or judaism or or islam or buddhism,buddhis. other form of faith. stewy father, stuart, was an actual person. this is based on a rea al lifen story, one that i hadn't heard before. fou showed me this film you said thisvies is one of the most important movies of your career. why? i mean, i know you obviously put your money where your mouth is . you funded iyot yourself. w >>here yeah. but, you know, i've alwayslf. gravitated towards the true storiestateds and i've made qui a few of them.on and i feel like they've always fid the most impact on people and audiences. but this film especially hasto touched so manuche

. >> would you have any objection ifo noask candidates for admission to check a box of what their race is, but you are allowed to take into consideration what an applicant would say in an about having to coro discrimination growing up and how he or she did that, you are allowed to take into coidation what a faculty recommender said one of the ings this applicant would bring is how to deal with racial discrimination in an area or school where h part of a alminority. do you have any objection to the uction of race on behalf of a particular applicant? absolutely not. at the end of the trial, we discovered harva amended its procedures for applications. there had been an amendment that said you should only take into accot ce if someone talks about it on their essay or in recommendation letters. rvd deleted that instruction and said that should have never be put in there. we are talking about the checkbox. >> so you agree, with respect to the essays, the chief justice suggested one aspect of racial experience is confronting discrimination but there are other aspects of racial experience. jui

i know you were's -- were somewhat myth by my optimism but ifo good during the whole process. i thought we would do fine. whiny c loss is painful, some good democrats did not win last night, democrats had a strong night. we lost fewer seats in house representatives than any democratic president's first midterm election in the last 40 years area -- ears. we have the best term for governor since 1986. we also know voters spoke clearly about their concerns. about raising costs, rising costs and need to get inflation down. there are a lot of people hurting, very concerned. it's about crime and public safety. they want to preserve our democracy and protect the right to choose in this country. host: president biden speaking from the white house. we will show you more about what he had to say threat the course of this three-hour show. a three-hour show where we focus mostly on your phone calls as we ask what message did voters send on election day. on lines, democrats (202) 748-8000, republicans (202) 748-8001, independents (202) 748-8002. more postmortem analysis, this coming from s