joachim: not yet. am still bullish on consumer discretionary and similar sectors into year end as inflation continues to decline and we get another uplift to ratings from central banks finally announcing they are done with rate hike cycle. as we head into the year end and the first half of 20, i'm getting more cautious on consumer discretionary and expect to have a soft patch in the equity market where defensives will sign. dani: ubs downgraded volkswagen and renault saying they were facing more pressure from china. do you agree? joachim: absolutely. we think automotive is the worst of the lot. the mass-market producers face incredible margin pressure. operating margins have held up incredibly well so far at 12% operating margins even though the economy has slowed down europe and china and we are starting to see more price reductions in china. tesla just announced again today. that means the margins need to come down. that is not in the price for most carmakers. all of them should probably seat over th

joachim john saw happiness not in possessing something, as is often accepted today, but in loving godng obedient to him; they also wanted the same for their beloved daughter. today, as we celebrate the nativity of the blessed virgin mary and especially honor the righteous and parents and akim john, we thank you for the example of love for god and each other for the cloudiness. today we compare our lives, our lives, we ask ourselves questions, what is the most important thing in our life, what we want most. in what is our obedience to god, do we fulfill the will of god or do we plunge our mind into darkness , irritation of doubt or even resistance to the will of god in the life of akim john an amazing example of obedience to god and to each other they overcame those insults and challenges that someone who was an unbeliever suffered from those around them , for sure, questioned it. divine justice, especially towards them, but despite all the trials. they carried prayer to god throughout their lives and continued to support each other and trust each other and the lord glorified their fam

more than stock prices, the idyll continued and after joachim or togor morovanka was built after hish century , the estate flourished until mikhail khrebtovich leased it to ferdinand fischer, who brought the successful commercial enterprise of shchorsy. to poverty. once i managed to see a curious sight. wild moose licked er, an abandoned brick building apparently composed of bricks. there is something. well, very tasty for them. now look closely at the brick. the host of the yard is exactly the traces of the language. here you can see not only architectural sights, but also the amazing wildlife. i watched the stylization of the castle, all the destroyed medieval fortifications in novogrudok and decided to continue the topic. why did he go to bed in what? hmm, literally 20 kilometers from novogrudok along a good road with beautiful landscapes and you will fall in love easier with the castle in legchka. i want to see it. it is known since the 13th century that there is one such hypothesis. what exactly was built here. the first church in lithuania and the mendovs and its boyars adopted

situation became so critical that the german managers, who are famous for a person who worked with joachim low for 6115 years , ran out of patience. a heavy home loss against a team that was also defeated in the world cup messing up germany's plans, the powder store that was formed with the past results of follicogens was ignited by the spark of defeat against japan on saturday night. the optimism of the coach is also good for the leaders of german football. you are doing a good job. i think they are a good coach, but i know that there are many ups and downs. in three days, the germans will have to line up against france, the runner-up of the world cup, and in less than 9 months , i will be the host of euro 2004. the germans will sit until a new head coach is chosen. it does not seem like an easy task to save this team from the crisis they didn't have a goal, and i remember after that the heavy loss last night against the japanese, which made a bad memory for the germans in the last one year, but talking about zinedine zidane and a few others for the white replacements, which is also heard

roy hodgson�*s crystal palace claimed a 1—nil win at old trafford — a goal from joachim andersen.above united who have now lost four of their first seven games. it's a bad start. we have to catch up. we have to do better. this is not good enough. and you feel confident that that might happen quickly? yes. of course. these players can do better in the final part. we control the game. then we have more qualities to show today. the last time luton tasted victory in the top flight was april 1992. but a 2—1win at everton has handed them their first since being promoted, and first ever in the premier league. representatives from everton�*s new owners were in the goodison park crowd to see their team beaten by two set piece goals and booed off as luton climb out of the bottom three. i feel very proud of everyone. delighted for the football club. it's off our backs now. it's been a little while coming, but we believe, you know, we have been improving in every single game, and if people cared to look at us in the first game and follow us over the next few, they will see improvement in ever

comprise professor of history on international relations, the lebanese university in berry, jamal joachim to politics. unless on research, i guess that's a ra, whom louisa. nearing garbo and foreign affairs experts were binda such to gentlemen, thank you very much for joining me today. i'm hoping to in the, the space of 10 minutes of the panel, we're going to fix everything that is wrong with the un on the secure with the council. i'm jamal, i'd like to speak to you at 1st ask you a question before, so i'll kick on democratic not inclusive india. and can you certainly didn't pull the punches in the description of the you one of you and what's your reaction to that as well. uh, i believe that this is ariel istic, description of the state of affairs of the united nations. it should be mentioned here that the united nations reflect the balance of followed that was set right after the 2nd world war with 2 superpowers of the time. the united states on one hand and the soviet union on the other hand, the whole set up the time was meant to reflect the, the overwhelming influence of the united st

roy hodgson's crystal palace claimed a 1—0 win at old trafford — a goal from joachim andersen.united, who have now lost four of their first seven games. it's a bad start. we have to catch up. we have to do better. this is not good enough. find up. we have to do better. this is not good enough.— not good enough. and you feel confident that _ not good enough. and you feel confident that that _ not good enough. and you feel confident that that might - not good enough. and you feel l confident that that might happen quickly? confident that that might happen cuickl ? , . ., , , quickly? yes. of course. these -la ers quickly? yes. of course. these players can _ quickly? yes. of course. these players can do _ quickly? yes. of course. these players can do better _ quickly? yes. of course. these players can do better in - quickly? yes. of course. these players can do better in the - quickly? yes. of course. these l players can do better in the final part. we control the game. then we have more qualities to show today. the last time luton tasted victory in the top flight was april 1992, b