. >> ludovic, good morning it's julianna here china is certainly not in the business right now there is talk and there is mounting expectation they could provide some further support to try to reignite the recovery what kind of support, what sectors do you expect to benefit from any support in the coming months from the authorities? >> you know, when you see pmi usually collapse in china, it ee time for support i think they've already announced some measures on it for banks. i think the housing market is still very worried to a lot of people they had a 2012 moment in china. i don't think this one is over the savings function of the chinese has been affected durably with a lot of defiance into the system. so i think they may have to do something with the housing sector and to be fair, they're still very focused on decarbonation and making sure they move up so it's still extended into this new prime minister's term with a bit of an edge, which is we have to do a lot more domestic dividend search rather than export search because they hear the out bbound protection is voices from the g7

within that, i see that the main fighting group a libya as the libya is ludovic fighting group, which is related to al qaeda and which is supported. it's supported by a my 6 and, and us intelligence, your boss. so this team on yeah, the key. i quantity to be general appraisal elections. obviously, if they're sick, what i mean they are, they level they come task the whole point them, you know that it seemed but the core dice, k w maybe go can do a name. i've gotten cool. so i've had really quickly, fast anybody that pretty much i look at the hospital for money. don, your little quick movies, video, the democrats, the cause. but i used to up by you, but we don't watch it on the intervene to be the daughter using a meaning that inside of your desktop falls. it could be sonya inc. i'm not, somebody's got it. let me do that. he was up to the owner. we just, when, instead of being done that's on the, we look at the living situation. clearly it's seen now as a bit of a, you know, important strategically. but i think it's, it's, it's more important strategically because the us is concerned ab

ludovic: the u.k.ation before, the big inflation surprise of 2021 due to brexit but they had some ailments related to the energy dependence of the u.k. and the problem is that they are accruing a lot of problems so it may be the last one to cause hiking and maybe the economy where the embedded time tending -- companies margins but generally, the financial instability and we saw that with the guilt meltdown. >> that is the reason we have had some warn that a credit crunch is on its way, that the pension crisis is the first -- and the banking turmoil is the first of more. do you see that? are there more credit issues, or are they just canaries in the coal mine? ludovic: we have seen some chairs being withdrawn. we saw the svb situation and if you go back, you saw what happened with the margin close. with this abrupt and very strong tightening of the economy, we have to expect some form of collateral damage. all eyes are on the economy and the efforts where there is deep and somehow consequential financia

we saw this in, in a lot of the, a lot of eastern european countries in ludovic, soviet countries in the ninety's, seeing that happening with these crime for these big us institutions, go buy a lot of these bonds. then suddenly a deal is announced by someone that a big american institutions investing in at one price goes up. obviously, we don't know whether they've sold that regardless the spillway on all this money that's going to ukraine right now as a huge amount of money that is going into that country. is that all the weapons as well? no one's entirely sure where? well, this is going all that is going, but what we do know right now is that those who are investing in ukraine and making a lot of money. huge money very, you're absolutely right. because the fact is, you're going into a country that has a huge lack of regulation. so, you know, you would never be able to pull these kind of deals on, in the us, for example. where would these come, you know, what do these big investment buying some institutions off, but that, that, dealing with very loose regulation and they're able to

we sold this in, in a lot of the, a lot of eastern european countries in ludovic, soviet countries in the ninety's missing that happening with the crime. now if you work, obviously allegedly we don't notice this happen, but if you, if you went to work and move in, started the roll rate and you're dealing with your private clients and you happen to have a friend that you went for drink with the what for black rock but told you that tomorrow they were going to go and buy. i didn't know the health care just making you crying. well, i mean, it's probably a good time to buy ukrainian buttons, right? because if that's going to happen, that's going to create a lot of confidence in the marketing. you try and so it's the price is going to go up. it's just one this time because because you know, you're a guru and this kind of subject, i don't know, i'm really know it's, but i'm just trying to understand that all this money that's going to ukraine right now as a huge amount of money that is going into that country, it means that all the weapons as well, no one's entirely sure where, where all th

artyom korolek, however, in the end, he lost his victory to the french player of barcelona ludovics.ome the first round of the league qualification and the conference about this in an exclusive interview with our film crew, the head coach of nemon said. igor kovalevich let us recall the rivals of grodno vaduz from liechtenstein. this squad played in the group stage last season tournament, according to the players and the coaching staff of the team from grodno, it is calculated on the pass. then you can plus everything before the start in european competition. neman is going to intensify. i think that maybe one person will be added to us until i can say aside, she really hopes so, we are waiting for our guys and we will play with them at least in what position to add, well, the line of attack. this is the white star. well, you're a good player. now , if it works out, we will meet with the leadership , it can demand, probably, they don’t correct the expression requires the leadership wants from us good games. we have a fairly qualified team. we will offer you all styles to at least pas