juliette:.e are seeing this risk of a hard landing risk raising. i guess there is this hope that it might be semi-hard and not going to be too difficult for the economy to really maneuver. but do you think a lot of these aggressive rate hikes have been priced in? eli: i do think the fed's telegraph -- has telegraphed its move very well. when you are trying to heat the market, you are doing it wrong. i think the risk is priced in. second, let's not forget the underlying reopening trends related to the pandemic are still intact. household balance sheets are strong. there is still some good size to this equation here. rishaad: eli, what do you make of, on the one hand we have the dollar appreciating, yields and interest rates going up. on top of that, commodity prices rising. that acts as a further interest rate hike, if you will. do you think recession or stagflation is a real possibility? eli: i do think it is a real risk here. two things. it is well and good for the fed to say it is focused on f

juliette:-- and taiwan.tte: i want to talk about the pandemic and how it has highlighted concerns when it comes to women in the workforce. how do you see a turnaround here? >> i think the pandemic has highlighted some of the social issues under the social pillar. when we look at the social pillar, the thing we typically examine our how does a company treat its stakeholders. this would include customers and clients, suppliers, as well as the people who live in the communities they operate in. typically, when investors look at the social pillar, one difficulty they have is the lack of data because sometimes the companies themselves do not track such data or the regulators have not required such data to be disclosed. but we are seeing that asian regulators are trying to step that effort so we think the social disclosure for asian companies should be improving in the future. juliette: thank you so much, elaine wu from jp morgan. we heard earlier there had been an earthquake in taiwan and we are hearing a magnitu

juliette: thank you.g up, countries in southeast asia are opening up again to foreign visitors, but traveling hasn't gotten too easy just yet. details just ahead. this is bloomberg. ♪ juliette: you're watching "bloomberg markets: asia." the imf warning that the fed's aggressive tightening cycle could pose one of the biggest hurdles to asia's regional outlook. we were told exclusively that higher interest rates will definitely reduce growth in asia. >> for you -- u.s., high inflation is due in part to high demand. they have room to increase interest rates to fight high inflation. on the other hand, if you look at asia, asia is moving toward the recovery process from covid last year, now much higher. on top of which, the high interest rate will increase borrowing costs and many asian companies, and it has not increased in 10 years. in 2007 kosher -- 2007, asia was only 10% of global debt and now it is 30%. the high inflation, high inflation is more complicated in asia. it is not good news. >> in what way do

juliette: thanks, vonnie.yo governor cubicle: a great is welcoming more foreigners to countries. the country is recovering from its worst wave of covid-19 infections get and has maintained a daily 7000 person limit on overseas rivals. koike told bloomberg she is looking forward to the return of travelers as the situation improves. >> in the fight against covid-19 the most important thing is to protect the lives and livelihoods of the residents. it is a large city of 14 million residents, but each person as taken basic prevention measures such as wearing masks and washing hands. the number has been kept under control. request from national and local governments are based on not just legal enforcement but cooperation, and these are not orders. rather, people are aware of the risks of covid-19 and have follow these directions to keep themselves, their families and societies as a whole safe, and in order to prevent additional waves of infections by omicron or ba.2. it is for the requested to shorten their business

juliette: thanks for keeping us up-to-date.are seeing tencent shares come off after those earnings and they are the fifth worst performer when you look at the hang seng tech index today. we are seeing that overall index come off, too, but some gains coming through. that index is taking a bit of a breather after we saw some gains . plenty more ahead on "bloomberg markets: asia." stay with us. ♪ >> we are back here with bloomberg markets. we are at 11:29. we have 11 seconds to go before the lunch break kicks in. japanese stocks have been let out there. looking at the nikkei and the topics under a bit of pressure. the yen is continuing to be weak. at the moment, ¥121. something to move there for the end. that helps exporters. what we do have is eight sessions -- seven sessions of gains. we are up to eight sessions here as well. the big oil importer here. crude oil prices as well. quite a lot about the differential between the doj and the fed. merely -- mary daly said another 50 point basis i hear. she spoke about the tiny pat. >>

juliette: let's check in on markets.ntinue to see this big surge from china tech after that movement yesterday, we are going to see easing in terms of regulatory headwinds. tencent, which had its biggest jump yesterday, a record of 5.6% up. the hong kong monetary authority raised its benchmark interest rate after the fed did the same, but they have said that hong kong's interbank rate may not raise with u.s. rates immediately. property stocks rising. the hang seng property index extending its gain from yesterday. we will continue to keep you updated on the surge. and coming up, a strong earthquake hitting >> 10:29 and in hong kong and shanghai. 10: between 9:00 p.m. in new york. there has been a surge coming through in these equity markets. we have the yen at a near six year alone. rishaad: we are looking at what is going on with these markets in a bit more detail. it is a broad-based market. here are some of the countries that have been impacted from the strong earthquake. that struck the environment in northern japan.

let's get the first word news with juliette saly. juliette: u.s.sident joe biden says russia's use of a hypersonic missile against ukraine is a sign that putin is becoming desperate. this as moscow focuses its military efforts on the port city of mariupol. ukrainian president zelenskyy has pledged to hold a referendum on any peace deal reached with russia. -- the bulk carrier has complained about service tank issues with the a350 airplanes. murdoch his -- murdoch is a listing a pair of new york real estate for $78 million. he paid nearly $58 million for the property in 2014. global news, 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. dani. dani: thanks so much. coming up, snp pulls all its credit ratings on russian entities after a ban. more on that in russian debt next. this is bloomberg. ♪ dani: welcome back to "bloomberg daybreak: europe." i am dani burger. now to rush out where the rating agency s&p is withdrawing the grading on the credit for

on the positive side -- juliette: just going to jump in.ou are looking at alibaba and tencent, both of those companies announcing share buybacks. is that enough to shore up support for this sector? guest: the answer to that one is more complex, because they are chinese companies, you have to look to china at the macro level as well. you can just look at this from a fundamental probabilities perspective like we do. although the probability of failure for those companies is relatively low, i still believe you have to look to what is going on policy was in china for you start making investments there. there is a macro component, you have to look at that independently, so when you take factors into account, i would suggest no. juliette: what do you like about some of these big u.s. tech names, tesla, alphabet? guest: i like them. when you do the math, amazon, tesla. tesla has always been one of these companies that suffers from a lot of this vague information. the fact of the matter is, tesla at its current price, there's only a 14% chance it w

juliette: let's get your thoughts on china. there was a jp morgan call it the chinese assets were on investable and we saw a turnaround. it is hard to keep up and investors want to see action followed up with those words from beijing. jp morgan's thoughts on china, is it on investable? -- uninvestable? >> i don't think so. there are still long-term opportunities coming from china. the internet platforms are going to regulatory changes and we hope to see more clarity. but there are other sectors in china, when it comes to renewable, decarbonization, a potential rise of more middle income group in the next five years, that will continue to drive the chinese economy. i think we need more clarification because as i mentioned earlier, we have recognized the problems and challenges, pledged to address them, the next phase is going to be how authorities implement the solution, whether it is negotiated when -- negotiating with u.s. authorities or how they're going to head the covid situation. juliette: that is also playing through into

juliette: absolutely. the bond market signaling those recession warnings. we saw five 30's invert earlier in the week. the first time since 2006. when we look at the equity picture we had four sessions of gains on the s&p 500. it is the second session of gains in asia. tech stocks leading the gains in the region. after the federal budget a lot of sweetness coming through. seeing weakness in the nikkei as we see the yen push higher up by about .5%. we will talk about boj action shortly. a rebound coming through in the chinese market after a couple sessions of losses due to concerns about the shanghai lockdown. when it comes to other commodity prices we are looking at, we have been looking at the movement and oil. a little bit of a mixed picture here. aluminum futures are moving lower. rishaad: going to have a look at what is happening with the russian currency. taking a look at what is happening with the ruble. it has been clawing back most of the postinvasion losses it suffered. having a look at what is go

juliette saly is in singapore. juliette: the u.s.s to have intelligence suggesting vladimir putin is being misinformed over the war in ukraine. advises to the russian president are said to be afraid to tell him the truth about the performance of his military. >> we believe putin is being misinformed by his advisors about how badly the russian military is performing, and how the russian economy is being crippled by sanctions because the senior advisers are afraid to tell him the truth. juliette: germany says russia is backing office demand for gas payments in rubles. according to a german readout, chancellor schulz, european buyers could continue paying for gas and euros. the comment seem to be a de-escalation from moscow after the g7 refused to agree to the move. jamie dimon has received $56 million of jp morgan stock from an incentive program that the company valued at less than half that much three years ago. the bank ceo collected the shares last week from a performance award dating from january 2019. it is higher from last year's

dani: juliette saly in singapore. front end of the yield curve continues to push higher, now up eight basis points. you are looking at a 2-year yield that is above 2.4%. that also means your 2's, 10's is just around six basis points. already i'm the belly of the curve we have seen some yields flip to invert. the fed has said it is the front end of the curve that matters to them. but citi says if you look at forward rates, that is deeply negative. we will continue this debate. as japan's finance minister signals growing concerns over the currency slide. all of that dani: this is "bloomg daybreak: europe." and dani burger in london. strategic divisions, nato is split over talks with president putin. germany's finance has demands for ruble payments are blackmailed. unprecedented intervention, the boj forges ahead with unlimited bond buying to keep yields capped. traders brace for more volatility. president biden unveils a $5.8 trillion budget plan prioritizing defense spending, deficit reduction, and hiking taxes on the

juliette saly in singapore.ing up, wall street's retreat from moscow is the fastest explosion of a major industrialized economy. we will take a dive of that in today's big take. this is bloomberg. ♪ dani: welcome back to "bloomberg daybreak: europe." wall street's retreat from moscow is perhaps the largest and fastest explosion of a major industrialized economy. dozens of companies had hundreds of dollars of exposure to russia. that is today's big take. joining us now is tom from our banking team. what is the current state of play when it comes to banking in russia at the moment? tom: being frozen is probably the best work -- work, so the big take shows that you have got big bankers who have nothing to do. you have got a lot of banks trying to work out if there is a way they can avoid taking that hit or if they have to hand off the key into their masco -- to their moscow operations and take the hit. dani: who has the most at stake in russia at the moment? tom: the austrians and rife us in bank as well as unicred

juliette saly with the latest in singapore. today, president biden will announce his budget proposal for the 2023 fiscal year. chancellor sunak will appear. they will discuss their annual budget weeks before the prime minister must call a federal election. we have the latest cpi figures, as well as the latest consumer confidence figures later in the week. manus: francine: wednesday we will have cpi from germany, and russian on appointment levels. then opec will meet to discuss production targets, and we will have the pmi data from an a. friday, yuan and chinese leaders host a virtual summit where russia's invasion is expected to dominate the agenda. and we will have the latest cpi data for the euro zone. coming up, human edge investment technology founder mads pedersen on the bond rout. that interview is next. this is bloomberg. ♪ manus: welcome back to daybreak arab, -- europe. the markets are kicking off in risk off mode. the steepest global bond rout in the modern era. treasuries are sliding across the curve. a portion is no

juliette: thank you. follow more on this story and all of the day's trading on our markets live blog. you can get a market rundown in one click. there's commentary and analysis from bloomberg's expert editors. this is bloomberg. ♪ rishaad: we are back. this is "bloomberg markets." the latvian president saying it is possible for his country to win itself off russian gas despite the incredibly high price it will cost. he says it is the price latvians will pay for freedom. >> it is a clear decision. >> this is going to hurt your economy? >> yes, of course. we accept the costs. we should pay for our freedom, for our independence, and in the shortest possible time, we will do it. >> i believe last year, latvia took in 90% of their gas from russia. now president putin is asking this contract to be paid in rubles. is that something latvia is willing to do? >> it is not only for latvia but also for germany and others. we will see how they will answer. in general, europe, also latvia, too, has decided already to c

that is juliette saly in singapore.oming up, we will continue the conversation with william hobbs. we turn to the fed and inflationary outlook. this is bloomberg. ♪ dani: welcome back to "bloomberg daybreak: europe." we have been talking about china this morning intervening in the stock market, property market, and the economy across equities. looking in the west, we are looking at futures market at their highs for the day. i will draw your attention to the nasdaq futures, up nearly 1%. that is the height for the future section. manus: at has already entered a bear market on the nasdaq and the dollar index. the fed is here and it is fed day. the fed raises rates for the first time since 2018. what will powell say to the market? william hobbs is that chief investment officer at barclays. as we go into this, inflation is at 10% but the breakevens, this is the challenge. how hawkish a hike do you expect or am i being presumptive? william: that is a good question. we obviously don't know. the tendency now has gone out of th

dani: juliette saly in singapore, thank you. coming up on today's program, oil continues to rally as russia's invasion of ukraine offends the commodities market. we discussed market moves with our guests. plenty more analysis of russia-ukraine crisis with the ukraine forum with the head of third-party risks at dow jones risk and compliance. don't miss those conversations. this is bloomberg. ♪ >> the energy trade is going to be disrupted. this won't be the same thing. >> this is in the normans amount of oil that has the potential to be disrupted for weeks. >> if you start using it early, you are shooting yourself in the foot. you need to keep that for the right reasons. >> we have done that before, it didn't really make a huge impact over the long haul. >> i think you are going to see, in effect, a sanction on russian energy just like the behavioral market actors. >> this is the world can't afford to lose. dani: bloomberg tv guests weighing in on the impact of the war. energy prices just below $100 a barrel for brent. joining us

that's juliette saly in singapore. ukraine is open to discussing russia's demands of neutrality as long as it gets security guarantees. a top foreign policy aide to volodymyr zelensky told bloomberg. >> many people ask whether the u.k. -- ukraine is ready to discuss. the answer is yes. at the same time, the talks would be about hard security guarantees for ukraine. what does it mean? all the neighbors of ukraine including russia, together with big states such as u.s., great britain, germany, turkey, and others should give strict guarantees of ukraine's security. manus: joining us now is tom mackenzie in poland for us on the ukraine border. bring us up to speed in terms of the situation on the ground. this is where you see the biggest flow of refugees into poland. tom: indeed. the biggest flow of refugees in europe since world war ii. you speak to many of them, the questions they ask is, when did -- should they expect to be able to return to ukraine? they've left families, jobs, and homes. they've come over here on the

juliette saly is back with us in singapore.tte: ukraine says it has agreed with russia to evacuate civilians, as moscow continues to attack key cities across the country. negotiated for new crane -- negotiators say third round of talks will soon be held. fed chair jerome powell says the war in ukraine may accelerate china's move to develop alternatives to the dollar dominated international payment system. in the second day of his testimony, powell reaffirmed the likelihood that the fed would raise rates later this month. less than six weeks ahead of the french presidential vote, emmanuel macron has announced he is running for reelection. the incumbent is the favorite to win, with all polls show heading hemp -- showing him leading in first and second rounds of the election. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. dani? dani: thanks so much. juliette saly and singapore. coming up, food prices soar. we look at t

thank you so much, juliette saly in singapore. coming up, the number of fed officials open to a 50 basis point rate hike grows. manus: later, more of my conversation right here on bloomberg. ♪ >> the russians are going to try to get around the sanctions on their gold and we are taking steps to try to make sure there is no leakage. >> it is hard to imagine such a slaughter can happen without our appropriate humanitarian response. >> it is a war so we have to cope with the recession, we have to react to that. >> it is better to pay in dollars or euros as the ukrainians are doing. manus: the world leaders reiterating support for ukraine, rejecting the russian demand that gas payments be made in rubles. a month ago, you challenged your inner donald rumsfeld, didn't you? the known unknown on sanctions was what they would become. how extreme a moment are we at in sanctions? how much more extreme can sanctioning become? do you think markets are prepared for a move by europe on gas which is not there yet? >> that central bank freeze was v

let's get the details with juliette saly. >> the delisting says nothing really new. but look at how much it has affected market sentiment. we've got such nervous is following the beijing regulatory crackdown. and of course, the unease given the global markets in general. the hang seng tech index with the biggest one-day drop on record. the lowest since july 2020. down 61% from the peak in february. adding to the nervousness, they plan on holding onto the ipo in hong kong. let's look at the specific movers. they missed on a couple of key aspects. that has been down by as much as 17% during the session that was a record drop. by about 12.8%. the big heavyweight, tencent weighing. following the hang seng having its worst week since march 2020. we've got the fed next week. policy divergence between the boj and fed. the yen at a five-year low. the greenback and all of it weighing through into a pretty terrible week for regional equities. mse asia-pacific on track for the worst week since january, extending the bear market territory. manus: thank you very much, yulia saly.

juliette saly in singapore. the geopolitics in the world, xi jinping signaling a looser covid policy could be on the horizon. speaking at the politburo, xi pledged to reduce the impact of measures which have weighed heavily on the world's second-largest economy. even as they minimize the fatalities. we are joined by bruce einhorn. what could this mean for the economy? bruce: i think we need to be cautious and say that this is unlikely to mean that this is a significant move away from china's covid zero policy. what we do know is that president xi did speak to the politburo standing committee which was the highest level of the chinese communist party and talked about that china will strive to achieve the maximum prevention at the least cost and minimize the impact of the pandemic. a lot of work. it is the first time that president xi has talked like this at such a meeting, talked about minimizing the economic cost of china's control mechanisms. it is in keeping with other comments we heard from chinese officials

dani: juliette saly, thanks so much. coming up, we dive into the markets and jay powell's comments helping to soothe markets, next. this is bloomberg. ♪ >> given the current situation, we need to move carefully. the near term effects on u.s. economy from the invasion on ukraine remain highly uncertain. i do think it will be appropriate to raise our target range at the march meeting in a couple of weeks and i'm inclined to propose in support of 25 basis point rate hike. to the extent inflation comes in higher or more persistently high than that, then we would be prepared to move more aggressively are raising the federal funds rate i more than when he five basis point at a meeting or meetings. we will use our tools to add to financial stability, not to create uncertainty. dani: that was fed chair jay powell speaking in front of testimony in front of the house. he expects to raise interest rates later this month in a bid to tackled inflation amid a tight later market while russia's invasion of ukraine has added uncertainty

juliette: that is the big question, how sustainable is this rally? we are adding to those gains we saw yesterday on these markets yesterday and we are seeing foreign investors buy into these markets for the first time since march and we are seeing $5,000 of mainland stocks trading through those links. two day gains since 1998. you have been seeing those come through in the hang seng tech index which had that record gain yesterday. the index was down for almost 70% from its february 2021 peak. we narrowed that gap to a drop of about 70% to that peak. we are seeing money coming into these markets to the point of whether or not it is sustainable, you have got investors out there suggesting that this rally will relink for a while, but you are going to see more measures backing up these words that we have heard from beijing. rolling out the possibility of broad-based easing for the property sector. when these stocks are falling, and official said that we do need to see stronger measures. when bergen gelid -- berg intelligence saying that it might be too l

juliette saly in singapore. maria tadeo in brussels. and peter is in warsaw covering the latest on ukraine. dani: the u.s. is considering a possible ban of russian oil imports to tighten the economic squeeze on president putin and russia. secretary of state antony blinken said discussion is underway well making there is -- making sure there is an appropriate supply of oil. >> we are talking to european allies to talk about banning russian oil to make sure there is still an appropriate supply of oil in world markets be it that is an active discussion as we speak. manus: bruce, this move would take the world from self sanctioning mode to perhaps a u.s. move on their own. they have the capacity to do this. how big is the political appetite to do this? bruce: as we just heard, the secretary of state antony blinken would like there to be coordination with european allies on this, but the pressure is building in washington for a quicker action that would be unilateral. we know that over the weekend, president zelensky

. >> juliette goodrich on the mixed emotions when it comes to mask free schools. juliette? >> reporter: it is official. the state has set a date to end the mask mandate. but, not so fast. now, each individual county must decide its own mandate. here in alameda county, they have not said yet. then, it will be up to each individual school district to set their own rules. >> i think it is about time, it has been a long time coming. >> we will have a family meeting this evening to talk through that and see what they are comfortable with. >> reporter: students. >> i think we should still wear them, because, cove it is literally everywhere. >> it's not bad, but you don't see anyone's smiles at school. >> reporter: teachers weighing in, not everyone is on the same page. >> i am keeping my fingers crossed that we will be able to lose these masks i wear all day long at the school with kids and vice versa. >> reporter: the alameda county public health department says it will release its and guidance in the coming days. foothill high school, in alameda county, with zero reported covid

dani: that is juliette saly giving us the latest on asia markets. at 10:00 am u.k. time we are going to have the latest data on euro area consumer confidence as well as unemployment figures. then we are going to have the crude oil inventory report. 1:00 pm is german cpi data and then we will have the latest u.s. gdp figures released at 1:30 p.m. at 3:00 p.m. in the u.k. boris johnson will appear before parliament's liaison committee where he is expected to be questioned on the war in ukraine. later week at richmond fed president thomas parkin speaking at the conference on investing in rural america. coming up, whether the two is and tends is a reliable signal of downturn. and sanctions against russian billionaires meant to cripple the ability to wage war, but not all of the country's richest are being hit. this is bloomberg. ♪ >> they are beginning to start to tighten at a time inflation is above the target and the unemployment rate is low. the labor market is extremely tight. if you're going to try to get inflation under control you are going to have to push up the

dani: that's the latest from juliette saly in singapore. let's look at what we will be watching out for today to set you up for the trading day. the crude oil inventory report, 12:00 p.m. we will get industrial production numbers as well. manus: i :00 p.m., russia releases its official reserve assets, followed by israel's president, hoping the allies could resume talks on a pipeline project to carry natural gas to europe. we will look at the important bands imposed by the u.s. and the u.k. that striving the crude market, next. dani: after one of the most volatile days on the metals markets, i will speak to the chief executive of the london metal exchange, matthew chamberlain, just after 7:00 a.m. this is bloomberg. ♪ >> as of this morning, there is no physical shortage of oil. the greatest perception in the market because of -- manus: there's no shortage of physical oil. rent is trading at nearly $180 a barrel. u.s. band russian import of crude to hobble the nation's economy that will further strain the energy markets. oil is at $130 and ra

juliette saly joins us from singapore. hong kong getting slammed this morning. >> we have a really good gtv chart to show you. we have actually seen the second-biggest sell down for this index in its history. we saw that coming through friday due to a raft of reasons. you have regulatory headwinds, you have beijing's potential overture toward putin. is that going to lead to further exodus from foreign invest ors from chinese companies, is that -- all of that leading to a terrible day as we see shenzhen being locked down. the hang seng index falling by more than 4%, it is now passed the 20,000 point level. it is now holding at six year lows. the h share index at its lowest since 2009 and flowing through into a raft of these players in terms of the reopening stocks. the macau gaming index falling nearly 10% today. all of this waiting through into sentiment we have been talking to analysts about whether you are buying the dip. there is solid momentum in terms of valuations, both on the saying good entry point. manus: how much

juliette saly keeping us abreast of all the action in the asian market session. fran? francine: president biden has arrived in brussels where he will be participating in a marathon day of international diplomacy. he is looking to reassure allies and increase economic pressure on russia. maria, this trip is pretty big symbolically. what can the u.s. president get done in practice? >> good morning. it is a marathon day for the u.s. president, but also european officials and nato members. the meeting starts early in the day. there is a lot of the agenda. this is a nato meeting, but it will also be followed i a g7 meeting. on top of this, we know that the ukrainian president, mr. zelinski, will participate in nato and the european leaders summit. there is a lot on the agenda. we are expecting a conversation at nato about defense spending. potential deals when it comes to weapons sent over to ukraine. i would keep a very specific eye on poland and turkey. at the end of the day, a political discussion that will focus on energy policy. the russians are saying, we want to get

>> reporter: juliette goodrich, kpix 5. >>> still ahead on kpix 5 , and cbs news bay area , the fight over enrollment at uc berkeley takes a new turn. the fix that could allow the university to admit thousands of more students. >>> and atm in the east bay stolen only to leave empty- handed. the brazen robbery that did not go as planned. >>> a special reopening planned for a tahoe ski resort nearly destroyed in a raging wildfire. >>> a beautiful end to the work week with a spectacular sunset as the fog is making its way through the xfinity mobile runs on america's most reliable 5g network, but for 30% less than t-mobile, so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone? more concert tickets. and not just for my shows. switch to xfinity mobile for 30% less than t-mobile. new and existing customers get amazing value with our everyday pricing. switch today. >>> that is the golden gate. new at 6:00, state lawmakers are proposing a plan to fast- track legislation to undo uc berkeley's enrollment fre

juliette goodrich tells us the money came from a divorce settlement from a very prominent person. >>out opening up an email to find an unexpected $3 million surprise. that is exactly what happened to lakisha young, founder of the nonprofit oakland reach. >> all of a sudden a few weeks ago, we get what they call the email. >> reporter: young started the community-based nonprofit 5 years ago to help kids learn in underserved communities come up but it became a critical link to student learning during the pandemic, with its virtual learning hubs, serving close to 950 surgeons. >> thanks to this program, my little sister got to learn more english, and now there is more english in the house. >> reporter: the surprise $3 million donor, mackenzie scott. she is amazon founder jeff bezos's ex-wife. scott promised to give away half of the fortune in amazon stock she received in her divorce settlement, and that she did. close to a $.5 billion so far. >> if you saw her in person, i can only imagine what you would do. >> i would probably did her the same thing i did when i bumped into ben stiller

in antioch, juliette goodrich, kpix 5. >>> that's it for the news at 5:00. >> the news that 6:00 beginsow with allen martin and elizabeth cook. >>> right now on kpix 5, streaming cbs news bay area, underpaid and undervalued, black women bringing a lawsuit against google. >> what was once my dream job that i worked so hard for became one of my darkest most traumatizing memories. >>> hundreds of workers are on strike at a bay area refinery. does this mean prices will be going up even more at the pump? >>> the new omicron variant, ba 2 is now in the bay area. where it was first detected, and what you need to know about this new version of the virus. >>> good evening, i'm allen martin. >> we will begin with a racial determination lawsuit against google. a former employee says she was hired to recruit minority employees. kiet do reports many believe they were steered into lower paying jobs. >> reporter: the lead plaintiff in this case is a black woman by the name of april curley, she did not pull any punches, saying google has caused egregious harm to black communities and that her own job a

. >> juliette goodrich on the mixed emotions when it comes to mask free schools. juliette?

reporter: -- juliette: pretty scary.ending bear market territory. the asia-pacific index is down more than 20% from its february 2021 peak. it is holding at an october 2020 low. china's csi 300 extend its bear market and the kospi close to that level. widespread selling across key indexes. the nikkei off as much as 3.7% today, the most in a year. let's flip the board and see where you are seeing a reprieve. no surprises in energy players as we see the rally coming through in brent and wti. petroleum oil producer in sydney has risen to pre-pandemic highs. impact in japan as well. that's where the money argo -- is going today. it is a flight to safety. we've seen movement in bond yields taking a hit. yousef: meantime, chinese tech stocks have been taking a hit. alibaba is around 96, 95 a share? juliette: were seeing the hang seng extent losses -- we are seeing the hang seng tech index extend losses. it has fallen for around a fourth session today and we are seeing abroad selloff way into the sector, but also china's growth

let's get to the first word news with juliette saly in singapore. juliette: brent crude has extended its relentless rally ahead of today's opec-plus meeting. the international energy agency warns global energy securities are under threat following russia's invasion of ukraine. futures in london and new york rose almost 6%, pushing wti to its highest since 2013 despite the u.s. and allies agreeing to accord more -- correlated relief. russia's flagship was offered the sale at a record discount but received no bidders. the u.n. is warning that as many as 4 million people could leave ukraine as the war intensifies, four times more than an earlier forecast. it was offered in a secured council meeting. about 680,000 people have already crossed against borders. nike has become the latest company to halt product sales in russia following the country's invasion of ukraine. they are also removing sputnik news applications and app stores. it is disabling traffic and live internet speeches in ukraine as a per cautionary measure. exxon mobil has joined key rival

. >> i'm juliette goodrich. we have breaking news.ay area neigh fif tom brady getting back in the name. >> his retirement lasted just 40 days. the seven-time super bowl champ is returning for his 23rd season. >> vern glenn with the big announcement. was this a surprise, vern? >> reporter: wow! we were here and that news spread like wildfire. people were like what is going on? so it just -- i won't say it stopped the show but it was a shock for six weeks. after announcing his retirement for the nfl, tom brady unretires and announced he is returning for a 23rd nfl season. he announced it on his social media that he has had a change of heart. brady has one year remaining on his contract with tampa bay so they held his rights. he was going to come back, it was going

. >> reporter: in antioch, juliette goodrich, kpix 5. >>> a woman survived a 100 foot fall from a cliff onto a beach. firefighters used a fire engine letter to rescue her, and she was airlifted to a trauma center. >>> taking a look at your top headlines, ukrainian president descending a defiant message that he would never agree to an ultimatum from russia. >>> in the hard-hit polar city of mariupol, leaders have rejected russia's offers to allow civilians to leave in exchange for surrender. the city is becoming increasingly isolated, but overall, the russian invasion remains largely stalled. >>> long-range fires on cities in population centers throughout the country. >> surveillance video shows russian troops opened fire on protesters in the occupied ukrainian city of croissant, sending the crowd scrambling for safety. in kyiv, an attack on a shopping mall reduced it to rubble, killing at least eight people. tune in for our special report, standing with ukraine. taking a look at local relief efforts. that is at 7:30 on our streaming service, cbs news bay area, right after this newscast.

. >> reporter: juliette goodrich, kpix 5. >>> kpix 5 news at six:00 begins now with allen martin andn kpix 5 , streaming on cbs news bay area , first alert weather, strong wind coming in, knocking down trees, power poles. the warning out right now. >> this wind is kind of cold, and i'm going to go back to my car now. >>> the wind is behaving as expected on this first alert weather day. we track the strongest gusts and the next chance of showers heading our way tonight in the forecast. >>> rent across the bay area is going up. where is seeing the biggest increase, and what could be behind it. >>> good evening. i'm allen martin. >> and i am elizabeth cook. weser with howling wind prompting a first alert weather day. the wind is creating a dangerous situation in the north bay. strong gusts took down a series of power poles in petaluma. one driver actually drove over the energized power lines but was not hurt. also in petaluma, this fir tree came crashing down on mountain view drive. it took out power to 1800 customers, but half now have their electricity restored. >> our photojournalist

juliette goodrich, kpix 5. >>> airlines are also dealing with a surgeon fuel prices. ticket prices are up about 20% as a result. and it has prompted some airlines to cut routes. >> you have a big problem where you are cutting routes and capacity and increasing fares. how bad will it be this summer when you see it happening right now? >> gas prices won't be coming down anytime soon, and experts say it will be an issue until at least the end of the year. >>> united airlines is the latest company to bring back unvaccinated workers. starting march 28, employees who did not get covered shots can return to work. barring another surge, united plans to continue to loosen up requirements. >>> a former top athletic trainer at san jose state has been charged with sexually assaulting student athletes. scott shaw was the director of sports medicine for the spartans. federal prosecutors say he allegedly groped four female athletes who came to him for treatment between 2017 and 2020. he faces a maximum of 6 years in prison if convicted. >>> hundreds of teasers are under strike after

juliette goodrich has more on how families and facilities are navigating. >> reporter: this is susie's daycare academy and she is at capacity. she tells me she gets calls 2 to 3 times per week asking if she has openings. she says her waiting list has been like this for months. >> i don't ever really know when something will open up. >> reporter: susie holland has run a home daycare in livermore for 27 years. she is well aware that return to the office has left many parents in limbo. >> when things started going back, the doors busted wide open and i've been full since last november. >> we panicked. we did not really know what we would do. >> reporter: belinda trivino heads back to the office next week. she had zoe seven months ago. >> i called two different places and thought they were kidding when they said they had a waitlist until 2023. and i said no, i guess i should have called two years ago. >> reporter: maranda browning decided the only way to juggle being a working mom is to actually work at her daughter's daycare. susie is her boss. >> a couple of my friends are actually looki

. >> kpix 5's juliette goodrich has tips and what you can do to improve fuel economy. >> reporter: whilepump, we can control driving habits to help maximize fuel efficiency down the road. let's go for a ride. here is a good incentive to watch your speed on the roadway. fuel economy peaks at 55 miles per hour. if you are going 75 miles per hour, you are getting 6 to 7 miles less per gallon. >> good tires, do your tuneups when you are supposed to, spark plugs, make sure it's running efficiently. >> reporter: josh terry owns big o tires in pleasanton. >> reporter: is there an example of good tires? >> that is not a good tire. yeah. but when the tires, this is an example of bad tires. so that tire would not be efficient. that one, because it is so choppy, the rolling resistance is higher, so that is going to cost you mileage. >> reporter: and no one wants to pay any than we already are. >> i filled up my tank and it was $65. $65. are you kidding? i was shocked. >> reporter: experts say pump it up, underinflated tires reduce fuel economy

this is so cold. peacekeeping russian troops had into the breakaway regions of ukraine. juliette scan to ask the president putin and the russian parliament a recognized as independent, but can a full scale war be prevented? long time russia report or an eastern european specialist editor in chief of b. any in tele news, banners joins me now from berlin. have been thanks so much for coming on. i've got to ask you, i suppose, was there any choice for putin, the 14000 dead, the a continuous shelling that the ukrainian military spokesman said it's fake news. we always emphasize we do, oh shoot. that's a really an infrastructure into some territory roster of region or whatever. that's a global shoot ad. good hadn't got any choice, but to do something after the do mar also voted for him to recognize the independent republics. well my 2nd this is that it's, there's 2 camps, i mean, those that believe that it's in doesn't believe ukraine is a real country and he's help in on storing it that he feels the democracy there is threatening him.

juliette: absolutely. we have been watching that in the asian session, particularly with the likes of ev battery makers. a number of those south korean players that have been hit hard. we are already seeing the impact hitting through the metals space. this is an extraordinary move that has happened in less than 10 minutes. we are also looking at the impact of the rising oil prices and the impact they are having to a number of these oil importing countries. you have got the likes of thailand, which has just opened up its borders. it's prime minister will talk at a meeting tomorrow to discuss the impact on consumers and how fragile this will be to consumer sentiment when you have got these oil prices. that is flowing through to a lot of movement in the currency market. you see upside in the offshore yuan. it is the safe haven amid this and there is a breather coming through on the rupee today which hit a record. let's look at how it is doing in terms of market sentiment. we were already seeing asian sentimen

i'm juliette goodrich. >> and i'm brian hackney. it serves.out of northern ukraine when an unexploded russian missile was carefully removed from inside a home. the air bomb somehow didn't explode and emergency workers used heavy machinery to keep it level and load it onto a truck. they removed three bombs just like this in one day. >>> so far cease-fire talks have failed but another round of tubes is expected tomorrow and reporter cole higgins has the latest. >> a crater left in the ground and buildings on fire after a deadly russian a fact on a ukrainian military base sunday morning. the regional military says more than 30 missiles were fired from war planes at the training ground located less than 15 miles from the polish border. >> this is very provocative to be this close to poland but poland is a nato ally and we have sworn to protect poland. >> in poland a bipartisan group of senators meeting, some using the trip to transfer to the ukrainian military. >> they want the ability to have better control over the skies in order to give them a

person and virtually bit it featured a series of motivational speakers at the san ramon marriott, julietteceed the event and she introduced top names including maria schriver, and award-winning journalist and author, laura ling. organizers said that a major goal of the event was for participants to respond to a call of action.>> you can listen and take notes, then you walk out and go home, and life hits. but if the speaker really suggests a call to action, it makes a difference. a lot of women leave, i know i have, and you think oh my gosh what have i done lately? >> if you are not able to make it to this year's conference there will be back again next year and by the way, men are welcome to. storm today famous berkeley restaurant shape and is reopened after being closed and chapter 5 over the restaurant yesterday afternoon as some people checked out the menu. it originally had plans to reopen in october but concerns over the delta variant put it on hold. even though its main dining room close at the start of the pandemic, the owners kept busy with takeout orders, and selling food at a sun

. >> reporter: juliette goodrich, kpix 5. >> that was a lot of smart articulate little people in that story. >>> this is a live look at san francisco city hall. the mayor has appointed three new school board members after three members were ousted in a recall vote last month. as kpix 5s wilson walker reports, all three have one thing in common. >> reporter: the announcement made here at galileo where the mayor went to high school, but there was not much talk about the past today. >> probably the hardest decision that i have ever had to make as mayor because it's about the future of our children. >> reporter: for the mayor, it's a rare opportunity, reshake the board of education and today, london breed did just that three new members from different professional backgrounds all parents of current students. >> it's with this experience as a parent, i feel the weight and responsibility offing a school board member. >> i am hour because i want sfusd to be what it should be. a world-class public education system that all families in san francisco consider as a great option for their childre

and kpix 5 anchor juliette goodrich emceed the event and she introduced top names like maria schriverjournalist and author, laura ling. organizers said it was a major goal of the event respond to a major call to action.>> you can listen and take notes, then you walk out and go home, then life hits. but if the speaker really suggests a call to action, that really makes a difference. a lot of women leave, i know that i have, and you think oh my gosh what have i done lightly? >> if you were not able to make it to this year's conference it will be held again next year. by the way, men are welcome as well. >>> now let's check our weather and traffic, beginning with first alert meteorologist, darren peck with a beautiful view outside. all morning long. >> yeah. not a cloud in sight and we are 70 minutes past the knife out and look at this view from on top the sales force counter and tower and easy with the lights are doing. now this view is looking past san leandro and out past castro valley, a great overview towards the east bay hills. that sunlight is now bathing downtown and the city of

juliette the mural is large. it fills the entire side of this building. supporters tell me the vandalism is disturbing. a lot of joy. it's a lot of beauty neighbor troy bruni is describing the new mural that's nearly completed at the corner of dubose and church in san francisco. it's painted on the building that houses my tree facility that offers hospice care and other services . rooney says his friend received hospice care here. that this image of a hand cradling a man is fitting. they hold you through what you're dealing with. in this building. it's love, but my tree says the mural has been vandalized four times since february, 17th. the most recent incident took place sometime late sunday or early monday. each time someone spray painted over the faces of people and animals, so it really is heartbreaking and demoralizing for us. you know, it's hard to see your heart and soul go into something and then to see it damage the way it's been damaged. each time the graffiti was discovered it was removed quickly. my tree tells me the mural has a protective coa

and this is juliette. >> reporter: at home with her guinea pigs, natasha beltran seems like a happy 12r years. >> i remember my dad as a very funny guy that has a lot of friends in his neighborhood. and he likes to go to movie theaters, hiking. >> reporter: so you have a lot of good memories. but on april 28, 2020, her father, julian pena, just 50 years old, died of covid in a bronx, new york, hospital. >> the nurse called me and she said that it was really bad. >> reporter: maxine beltran, who is studying to be a nurse, is natasha's mother. >> they were running out of ventilators, and they said we have to remove him. and then they removed hihim.and...that was it. i didn't even know how to tell her. so i had to -- i didn't want to tell her. >> reporter: how did you tell her? >> i had to tell her day care lady to help me tell her. >> reporter: had you been able to go to the hospital and see him? >> no. >> reporter: so you never got to say good-bye? and not being able to say good-bye haunts them both. >> i thought, it's my fault that my dad died. >> reporter: you did? >> yeah, because i