k. economy increased by one percent in the 4th quarter. despite the emergence of the army current cove, it varied british finance minister issues, not saying the economy, quote proved remarkably resilient for more that goes over to london. and our correspondent, big mass bigot, tell us is just, this is just a rebound from a coven crash? or is there more to these figures the government and reaches soon as you have mentioned had c is a c. it of course, as a vindication for their cove. it measures, for example, for the 400000000000 packet, a package that was there available for for the economy by the chancellor. but all say for the fairly or well i wouldn't say lax but they, you k was always bit ahead of the curve when it came to easing restrictions are in the european context. so for example, at the moment are virtually no restrictions in the u. k. c. so the government will see it as of indication of, for their policies. however, it is of course, in the context of, of the u. k. having suffered enormously independent make, had the biggest recession in a 100 years. so it has to bounce back f

k. economy. so the government own figures say that out there is 4 percent of the g, d p being knocked off and in the median permit, we will see there will be a foot further problems at the borders when there are basic new new laws between the u and u k. traffic come into place. so it's our welcome news for now, but it's definitely not plain sailing with the a u. k. economy in the larger context burg martin london. thank you. now, 2 years ago, m u s. e car maker tesla started building a factory outside of berlin. it is now ready to start rolling out new cars. but production is yet to start necessary permits buyer authorities are still pending. environmental groups and local residents had voiced concerns. for example, over the water consumption of the factory tesla ski factory outside berlin, the assembly lines are already warmed up, but authorities have yet to give the final go ahead. they're about to do so. but at a nearby lake, protesters are getting ready to voiced the concern. they worry about

k. economy. so the government own figures say that those 4 percent of the g d p being knocked off and in the median perm, and we will see there will be a foot further problems at the borders when there are basic new new laws between the e u and u k. traffic common to place. so it's are welcome news for now, but it's definitely not plain sailing with the a u. k. economy in the larger context now to some of the other global best and stories making news. the white house as warning the chip in history to diversify its supply chain and k, in case russia retaliate against threatened us export curbs. by blocking acts as to essential materials. many companies in the semiconductor industry purchase metals and where earth from russia and ukraine. california regulators are suing tesla, alleging the car maker has been discriminating against black employees at the san francisco bay area factory where most of its vehicles are made. the suit alleges the plant is a racially segregated workplace where black worke

k. economy increased by one percent in the 4th quarter despite the emergence of the army. current cove at various british finance minister issues. not saying the economy, quote proved remarkably resilient for more than cause over to london. and our correspondents, big mass bigot. tell us it's just this is just a rebound from a covert crash or is there more to these figures.

k. economy. so this is not something that you know, you can dismiss and disregard the thing. is that the impression that awful is chief on chef or ethnic food? snacks up, is it? and i'm saying it because the whole idea that you know, someone's placene is more innovated and more sophisticated, they all tend to be western closings. this really upset me and i wasn't going to have concession. i just priced it really high. ah, perhaps such perceptions exist because the quintessential curry hath experience written is not always a high class affair. indian restaurants established themselves as affordable light night wars, welcoming workers, titans from pub, than not. the word curry was used as an umbrella term to describe the swarthy, spicy concoction, vol, asthma, migrated from in the ninety's, and describe so 1st dining experience in the british curry house. as a culture shock. i thought it was so hideously decorated someone's house, looked like this in my childhood, and there was just so much cream sugar. i just was amazed that there were all his white people eating this and lovi

k. economy since it left the european union. that's according to a report from the parliamentarian public accounts committee. supporters of breakfast, including prime minister boys, johnson insist a more will eventually reduce bureaucracy and save businesses money. the report is another blow to the scandal had prime minister who is resisting calls to resign. as peter andrew simmons in london for his so more bad news for prime minister boys johnson and his facing prime minister questions in just a few hours. what can we expect? yes. well, what we can expect that's always a good question on this crisis. suppose johnson's going through that bricks it report it is damning at a time when he's trying to shore up support within the government, or he's made a number of appointments, but it's not really a re shuffle. but jacob reese more. his ally is now a bricks. it opportunity, but units his minister rather new posting witcher isn't really getting a great start. now what he faces in prime minister's questions expected to be the controv

k. from the care economy, for many of the climate positions, prescription drugs. we have to circle around those handful of things that are support for and get it done. >> you're a former governor. joe manchin is a former governor. do you think he's gettable on a revised build back better package? secretary raimondo: i do. i think we will get him and i think this is going to happen. >> do you have a timeline? do have a goal or an end date that you are hoping? secretary raimondo: after 10 years in rhode island doing a lot to the legislature, it always takes longer. always. often, with a huge infrastructure package, the speaker of the house supported it from day one. it was supposed to take two months. it took 1.5 years. i don't know. sooner is better. everything takes too long but i feel it would happen. that is my view. >> if i could just quickly follow-up, is there a certain reason that you think the senator is gettable on this? given what we've seen over the last few months. secretary raimondo: well, he has said. he is publicly on record saying he supports the in

k. common economy. so i think it's that resilience and it's also the, the effectiveness and also that the government as where she shouldn't act said acted at the right time. right. place with the right package. yeah, and i was speaking of that resilience. i mean, it seems like for all of the concerns we've heard about breck, that the economy was able to grow despite all of those concerns over trade and restrictions. and the northern ireland protocol. what see you on that? i mean, what does it come down to at the end of the day and what is it looking like as we go into the next year? we white rachel there with these doom and gloom projections. i remember actually there was a projection that hundreds of thousands of jobs would leave the financial service sector and leave london us. the youngest recently reported that just under 7000 positions of left, the city of london, a few factors here. one of them is the fact of the lack of the political will, the e, you classic obviously hasn't been able to sort of

in the u k, the economy expanded by the most since world war ii. gdp was up 7.5%.t is despite shrinking 0.2% in december because of the omicron outbreak. more fallout from that protest blocking truck traffic into detroit from canada. at least six auto factories near the border have slashed production. president biden -- afghan central bank assets frozen in the u.s.. according to the associated press, he will issue an executive order that 3.5 billion be used to fund humanitarian relief in afghanistan. global news 24 hours a day, on air and bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ this is bloomberg. ♪ >> getting rates up to something like 100 basis points relatively quickly makes a lot of sense. >> the fed should undertake a 50 basis point hike in march. >> if they make the decision to end taper early now, they are probably going to tell us soon, within the next couple hours. we would be surprised if they wait until 3:00. jonathan: that was citigroup for 50 basis points

no, i for now an economy in k, if thank you so much. does western governments prepare a new sanctions against russia? european footballs, governing body. you wafer is hearing is facing criticism for saying it has no plans to move the champions league final from st. petersburg, russian president vladimir putin. welcome to you, a for boss alexander scheffer at to st. petersburg after the russian city was chosen this host 3 years ago. where if he says it's monitoring the train situation, but he's not planning to change the venue chair of the british parliament. so for the 1st committee described, the decision was shameful, and added that you a for, is providing come to a violent dictatorship. a set you up to date are more well news at the top of the our d, w's football show. kickoff is next. when does league champions by munich having a bad run of several clubs? no one on the table. a butler to avoid allegation good. ah ah, with a pulse, a beginning of a story that moves us and takes us along for the ride. it's all about diversity, dues. c

k, helped to strengthen ukraine's economy. britain will always stand up for freedom and democracy around the world. and when i say that our commitment to european securities, immovable and unconditional, our deeds show that we mean our words. we are making the biggest contribution of nato, a to nato of any european allies because we understand the importance of connective security. and just as our european friends stood by us off to the russian state, used chemical weapons, and souls were used to chemical weapon in salisbury. so britain will stand by you. but we must accept that these measures by the u. k and our allies. draconian sanctions. rinsing out dirty money, the intensification of nato's defense is fortifying our ukrainian friends. they may not be enough to deter russian aggression, and it is therefore vital that we learn the lessons of 2040. whatever happens in the next few days in weeks, we cannot allow european countries to be blackmailed by russia. we cannot allow the threat of russian aggression to change the security architecture of europe. we cannot commit a new yalta, a n

k markets. and it's doing pretty well in our economy is doing very well. so you're basically agree with paul monahan, for example, the chief executive of the chamber of commerce. not allowed who, who says exactly that we're doing well. we've got preferential access to the cable that total access to the e u. that's why the nor nice economy is a, a land of opportunity. and yet, individual businesses quoted by jim shannon, for example, say look at, you know, we're finding, you know, we've got to felon 20 forums to, to, to export era or stuff to our own country. he can see the point of view. there is no, no doubt that there are issues there and on basically that can order to maintain the bipartisan, if you like, or the double benefits. there will be some losers. but though those losers are those people that have extra burdens of paperwork and all the rest are in a very small minority. and emily, i talked to tells me that there are benefits and great benefits on rid opportunities and the difficulties can be and will be ironed out of those with the difficulties.

k. is the fastest growing economy of the g 7 it was, and it's predicted to be also in $22.00. now this is in contrast to companies in that you brought for just italy, which is way a lot of that was due to the huge come on component of the tourist in tourism industry in also germany. actually the auto industry that has been sort of bone and spent the german economy as volkswagen. a g announced that they had the slowest growth in 21 over a decade. and 5th of their workforce was furlough during december. they've actually predicted the to, to the ship shortage and that dependent always be on ship. the growth is going to be slow right through the whole end of the 1st half of 2022. so germany is really suffering due to the massive dependents, i think on the auto industry versus the u. k. all the facts, as i mentioned before with a foster parents who want to have breakfast quick before we go, hillary, because, you know, obviously the negotiators are saying they're kind of at a stalemate right now, and neither good nor bad is happening and also lives trust without saying they need to

so caribbean south asians, all the people that were invited to help rebuild the post war economy and the u. k . they then arrived here and suffered racism, not just, not just from the state but on the streets as well through the 60 seventy's eighty's all the way up until today. basically. that's the thing with rice and immigration in britain, the tube and so closely entwined. and it's when thought you were speaking about, there's a fear in this country, the country is going to be swamped by people of a different culture swap swapped. you know, we, we know what that to a different color. that's exactly what it was. in off the back of that and those appeals to nativism to nationalism. she wins this seminar in general election, it gets into power. but then she brings in the new liberal revolution in the, in the eighty's, which completely transforms a country. and it's when we had the, you know, privatization of industry, we had deregulation of, of the economy. we changed from a welfare state to this market lead stay. it wasn't just politics in economics. it was, you know, society and culture is

k. a gives northern ireland the best of both worlds. and i saw lloyd the northerner, the economy, to get the best of both worlds. and deb our tre inferences. what they re sure public has doubled or trebled is. and since that opened up, but equally i still have a good access to the u. k. markets. so we have both with accessible to you and you came arkansas and it's doing pretty well in our economy is doing very well. so you would basically agree with paul monahan, for example, the chief executive of the chamber of commerce, nor lounge who, who says exactly that we're doing well. we've got preferential access, the you came about total access to the e u. that's why the nor nice economies a, a land of opportunity. and yet, individual businesses quoted by jim shannon, for example, say look at, you know, we're finding, you know, we've got to felon 20 forms to, to, to export era of stuff to our own country. he can see the point of view. there is, nope, no doubt that there are issues there and on basically that can order to maintain the bipartisan if you'd like, or the double benefits. t

k. both are suggesting that these will hobble the russian economy. this is what boys johnson and ursula vaughan delane had to say. the u. k. as in nancy, the largest, most of your package of economic sanctions, the russia has oversee with new financial measures. we're taking new powers to target russian finance. in addition to the banks, we've already sanctioned these powers when they will not totally to exclude russian banks from the u. k. financial system, which is of course why for the largest in europe, stopping them from accessing sterling and clearing payments through the u. k. now we have to meet the moment we will hold the kremlin accountable. the package of massive and targeted sanctions. european leaders approved to night clearly demonstrates that this package includes financial sanctions. that cut rush us access to the most important capital markets. and these sanctions will increase rush as borrowing costs res inflation and gradually erode rushes industrial base peasant mac corn of france also not mincing his words, saying that this was a

k. media saying guys, you're hurting our economy by saying there's about to be a war. would you please dial it down? who does it benefit? mister rooper, media headlines like this. this is the general intention to, to, to build up a real anti ration policy. and the west, we have this also with the gas crisis by russia says, hey, order guys, we have gas, we have you pipeline ready, and they just don't do it. i mean, it's funny, i think since december the, the pipe them through bill a rush, but russia is empty. there's no gas coming because there are no orders from europe . on the other hand, we have a gas crisis and exploding prices for energy. this for me, see, really to be a coordinated propaganda campaign to show russia as an enemy. and if you look at each part of this big puddle, everything is hague. and this is just another, well, maybe the most extreme, but another part of this big fake company against russia. i thomas robot, ortho, and blog joining us live here on, on your international. great pleasure to have you with us today. thank you very much. thank you. bye

like k cost of living in the economy and creating inflation. okay, or you know, the division .ow about instead of saying,nt you know, half the country is segregationists. yeah. just don't say that . >> and then everything would not be so bad. yeah. do less and less people always into politics because now because they want to solve things like i'm going to be the person to solve us and really they should just do less. yes. i think the problem is this he's notg doing anything and he doesn'tar care. he's basically a vessel for wokeness, which is one of the most polarized phenomenon since twenty three and i totally agree. why is i t a twenty rijad? i don't even know what i meant. i'm from then okay that's when i was born. it was obvious he's an absolute puppet. we know this . yes. but i think that the worst part is the deterioration that we've seen him throughout the decade . soon the the one that has finaly landed on our laps right now, president l biden is sort of lie as i always say, it's cocoon part ten , but it's like a shriveled, decayed mess. there's one tenth of the brain m

other that were before the pandemic began because we've had the fast exec exit from k b of any european economy. and it's just because we have the forces that vaccine a boost aroma missus pick is not just the national insurance rise thresholds for income tax frozen a stealth tax on working people. the threshold for tuition phase frozen a stealth tax on working people, local authorities, fulls to increase council tax, a stealth tax on working people. yeah, you could be a stealthy as you like, but you can't hide reality. we have the highest tax burden for 70 years during the middle of an inflation crisis. so i asked the prime minister again, why the he and the chancellor keep raising taxes on working people. lima, they started to speak of what we are doing is helping people with, with the cost of living, cutting taxes for those on universal credit. just because i had helping people with the cost of their fuel, mrs. people with a co where the payments are the warm homes payment, mister speaker doing all the things that this country would expect. lifting the living wage, which this party, mister sp

speaking of russia again, so and, and sanctions, the russian economy is about $1.00 trillion us dollars. this is smaller than italy, france, u. k. singly let alone the european union and america as one of the strongest or as the most powerful economy in the world. so whatever europe, as well as america's doing now is half and will have an effect, it will have an impact on this very fragile russian economy. the question is, the question is, how fast will this be there and is it necessary? and that could be again and this, where are we alluding to this might be a strategy or could it be beneficial and bring vladimir putin faster to the table if there will be sanctioned, levied against him personally. more severe sanctions against him personally more severe sanction against his, his inner circle for his friends and family, so to speak on this. well, we're gonna find out we will see, i think that the united states, as well as european union, has a still some, a surprising carts up their sleeves. and they will play this in time. i think at least that there is a lot of thinking about this when to play what and everybody understands t

k. u both saying though that these heavy financial sanctions are not just at the economy, but also financial services and systems, are there to hobble the russian economy. this is what the british prime minister barak johnson had to say, and also the european commission president ursula, vom delane the u. k. as in nancy, the largest, and most of your package of economic actions, the russia has ever see with new financial measures, we're taking new powers to target russian finance. in addition to the banks, we've already sanctioned these powers. when will they will not totally to exclude russian banks from the u. k. financial system, which is of course by far the largest in europe, stopping them from accessing sterling and clearing payments through the u. k. now we have to meet the moment. we will hold the kremlin accountable the package of massive and targeted sanctions. european leaders approved tonight clearly demonstrates that this package includes financial sanctions that cut rush us access to the most important capital markets. and these sanctions will increase rush, us borrowing costs,

k. to northern ireland constitutional position. the peace process, the economy, in other words, a complete disaster, right. it is, and of course that's not just a shared by my party that's shared by the whole of the union of community and all of the parties which represent the unionist community. i think the, the, the most apparent damage to the citizens as the impact which has, has on our economy. and secondly, of course, and this is much more important as far as i'm concerned, the damage which it does to the constitutional relationship between northern ireland and the rest of the countries which we belong. ok, be economy, can we take the economy 1st? if it's such a disaster, how is it that the economic output of northern ireland reached a 13 year high last summer? it's now an estimated 3 percent bigger than it was before cove. it, the value of northern is exports to the republic of ireland was almost $4000000000.00 euros last year. increase of 65 percent over 2020. when the damage to that, well, i think that the damage is, 1st of all, you got to look at northe