we're going to talk about the emerging markets, the russian ruble, what is going on in ukraine with jim o'neillis is "bloomberg surveillance." >> the president greets the president of ukraine at the white house. jim oneonta economic consequences for russia. continues widens and for malaysia 370. our with jimmint o'neill. we are live from our world headquarters in new york. im tom keene. joining me, scarlet fu and adam johnson. our guest host, formerly with goldman sachs, jim o'neill. us -- alexand joins clement joins us from ian bremner's eurasia group. let's get to our morning brief. here is adam johnson. >> we will start with what happened overnight. japan's consumer confidence index fell to the lowest level since september 2011, according to a survey released in tokyo overnight. economic data in the u.s., admittedly there is not a lot. we have the mba mortgage applications. it is a volatile number and we will let you know if that crosses -- >> it just crossed, actually. down 2.4%. >> volatile number, to say the very least. ,arnings after the bell arguably the most important item ukrainianda,