mario draghi... well, hang on. you can choose your quotes, i can choose mine.t said, "it would be insane "for us to impose sanctions which are more painfulfor us "than they are on the recipient of the sanction." and you know full well that olaf schulz, the german chancellor, is still saying that a full oil and gas embargo would be absolutely disastrous for the german economy. and all these industrial leaders are saying it would mean hundreds of thousands of people thrown out of work. that'sjust not going to happen, is it? i'm not sure about that. we've seen a lot of changes of political course by german government. remember, before the war and in the beginning of the war, german government said nord stream 2 is a good project. german government said, we will not send weapons to ukraine and we will not even allow other countries to send weapons to ukraine through our territory. that has changed. and actually, the cost of embargo to german economy is not going to be catastrophic, and there are many estimates which suggest that, yes, it will be important, it will

mario draghi thinks it 's a gas problem. they will decide.chizophrenia within this schizophrenia is the european population, which does not understand what it is going to fight for and, accordingly, the european leaders. who do not understand what to do with the ratings and with the dissatisfaction of those who do not understand anything population. here is a picture from this morning. yes, it's beautiful. uh, i under i thought it was really the middle ages. and indeed, when the valiant european knights they went to the crusades. and, and the valiant knight, of course, washed. uh, only two times depends on the crusade. and at the same time, in armor, when they moved across, they crossed over some one river there, and then on the way back from this, then the cologne of the knight of the hung appeared, but well, uh, as the biel newspaper correctly said, after 3 weeks it’s all the same . what stinks, especially if everyone does not wash for 3 weeks, then absolutely, but what struck me, uh, anthropologically what four parts of the body do we stil

this goes back to what mario draghi said. he had a phone call with vladimir putin.he italian press was asking for details and he breathed they were paying euros and russia would be responsible for conversion. nothing changed. when you speak to critics, they tell you whether you pay in euros or rubles it does not matter because russia is making money and this is the way they finance the war. a lot of this is a clinical fight but in real terms not changing anything because russia is still getting paid in the european still buy the gas. jonathan: there was outrage from president zelenskyy addressing the parliaments around europe. there was one moment that jumped out. he went through countries through europe one by one and talked about ukraine's relationship with them. then he got to hungry and he had a message for hungry's leader -- and yet a message for hu ngary's leader. where is that relationship? maria: this was a pity of conference in which president zelenskyy jumped in with all of the european leaders and everyone's job dropped. this is a moment -- and everyone's

mario draghi is trying to get a domestic deal for gas.uel macron is in the midst of a two week reelection campaign. a lot of this shows you that the war in ukraine is a number one issue at this point, but there's also the domestic agenda. the domestic agenda is amplified by the inflation we are seeing, the prices we are seeing. the question at this point, and mario draghi was very good with this, he said we say we are committed to help ukraine, but we need to figure out how much we are willing to pay for it. do we want to have air conditioning, or do we want to have peace? there's many voices also distracted by the domestic agenda. lisa: to build on that, boris johnson visited kyiv, and he is now being compared to weston churchill -- to winston churchill. is this the reality on the ground in terms of support, or does this not necessarily play in the same political way at home amid increasing prices for everything from food to gas? maria: that is a very good point because at home, he's under a lot of difficulties, and we know why. in ukrai

a matter of choosing between the world and the included batteries said italian prime minister mario draghi european diplomats failed to agree on a ban on coal supplies from russia , reuters reports, and a complete ban on oil from russia will cause prices to skyrocket, the us treasury said, but the already imposed sanctions were enough to ensure that in germany came a new poverty. i understand very well that many germans think that i am mocking them when they hear my calls, that they need to save electricity when the prices for it are already very high. it is very difficult for them to live from this because of high energy prices. we are now experiencing a new poverty in germany, so part of the population of our country no longer needs appeals , in particular from this stage, and citizens are already starting to save electricity, because they already have to save each themselves. the swiss tv channel srf warns that a boycott of russian gas will cause a shortage in germany in all spheres of life and will destroy the industry the russian economy, which was beaten in a year threatens to throw

e in the european union regarding this issue and mario draghi.k on how to set a ceiling on uh energy prices. and what is one word to do here? i am now every since you already wrote me down as a critic. e pipeline russian one one time. i will praise this nord stream 2 pipeline. according to a specialist, it is made of very good alloy steel, so it’s now necessary to let it run not gas, but hydrogen. and in this way we will earn money . tanks, including honestly, well, i almost also seriously need to be here, you know, i. sorry, i can't help but react to this story, and, which maxim hooked, and here, respectively. relationships this is fundamentally important. i, uh, how much i have not traveled in the donbass, even now it has been updated on the liberated territories. that is, we talked a lot of things. and when we started hostilities, when i started flying around kiev or somewhere else, people called their relatives, and they told. the main thing, - he says, the guys hide there, charge these, charge the phone, leave, then hide behind load-bearing

mass protests in europe, hundreds of italians are demanding the resignation of prime minister mario draghi, who says that it is technically impossible to pay for gas in rubles. this is unacceptable because the contracts provided for payments in euros and dollars of the price of goods traded worldwide gas with its non-wheat. always fixed in dollars, then the euro appeared to change the base currency. not just the europeans themselves. we have been thinking about this for a long time, trying to convert contracts in dollars, this does not work, because all exchanges are in one currency. there, putin already explained everything, i will be paid in rubles, which means there will be no gas. previous payments to the european union have simply been stolen. we offer counterparties from such countries a clear and transparent scheme, in order to purchase russian natural gas. they must open ruble accounts in russian banks. it is these accounts that will be used to pay for gas delivered starting from april 1 of the current year. if such payments are not made, we will consider this a default on the part

helping the country prevent gas shortages the debate on air conditioning began after prime minister mario draghi. might have to donate comfort in exchange for peace. in ukraine, the new rules will come into force on may 1 and will be valid until march 31 next year, while the heating temperature in public buildings in winter cannot exceed 19 °, and in summer fall below +25, it is not yet clear. how this measure will be controlled, but it is already known that violators of the existing restrictions can be fined 3.000 euros. but uh, they say a crisis is also a time of opportunity. it turns out that the italian authorities found two opportunities at once and save electricity and the budget with full fines, but let’s return, perhaps, to russia about the new time of opportunity , they talked a lot this week, and on wednesday vladimir putin met with the winners of competitions for olympiad projects united by a common platform, which is called russia the country of opportunities in 2 hours to discuss a lot of the norman theory of the creation of the russian state and the slavic roots of the varangian pr

just like mario draghi, just a week ago, on the eve of summer, he said that it would be necessary less is also the energy i forgot about italian here, please, so put vladimirovich here, how high is this pain threshold, as europeans agree recently in germany, as far as i remember, go back and forth . that's how people perceive it. as they say, come on, you will wash less. come on, you'll cook less and buy less, as they say yes. yes, it is necessary to support certain anti-russian things, there is a culture of being that is alien to russia, and there it is, and remember alain delon in the film plugged everything that such a washstand filled with water. washed drained. that is this culture is to wash in exactly the same way, shortly and in no case does the water flow when you wash, probably, something has already changed with consumer attitudes. here is fear, but it is slightly different. look, after all, green ones, which have a certain philosophy, that is, and cows fart, so they are harmful, these are carbon dioxide, yes, which are released throughout the planet. we need to get rid of t

estimate, so we should be happy about this , because mario draghi kirill read did not say anything, about european commission, on the proposal of italy, is considering the purchase of gas, where the ceiling will be set, prices so basically. let's, let's, everything, everything, it's clear. it's just that it was great. i think to all all administrative bodies. there is no way the price can be market, guys, you can’t be partially pregnant or or you have a market or you have administrative values ​​there is no wild idea, it’s clear that they, uh, the europeans want to play on the fact that at the moment when they refuse our gas. we probably won’t have an alternative yet, because it won’t be built. so the connector to china and we will not be able to such a volume sell gas to china, but what works for russia is that they will not refuse so quickly, and the germans and austrians and hungarians and slovakia will be for a long time some years. maybe 5 years will depend critically on our gas, italy now. yes, she agreed there with a lie, but and then only a third of our gas will replace, therefore

after the last two years, after what mario draghi achieved, it proved that europe is a strength for everybodye euro zone. they are in favor of staying in europe because they know that would be a big risk. i don't think there's any risk from the currency exit from france in the program. kailey: stanislas de bailliencourt, sycomore s -- sycomore ceo. thank you. this sunday, francine lacqua will be live as harris decides on their next government. don't miss that. this is bloomberg. ♪ guy: a lot of breaking news. the u.k.'s chancellor has admitted he held a green card while he was chancellor. you're meant to green cards up one year after being out of the country. he had the green card and he lived in the u.s. before he entered politics. he returned it on his first trip as chancellor and is already under considerable pressure because his wife, a multimillionaire, holds non--- cases which means she does not pay taxes on her foreign earnings. that does not look good for him. kailey: what trouble could that spell for the chancellor? elsewhere, legal issues, a folder -- a former goldman executive foun

for instance, yesterday mario draghi announced a new deal with algeria which is supposed to replace somef the russian natural gas supplies. i think things will begin moving very soon. >> so russia makes most of its money from oil but europe is less dependent on the gas? is there any chance putin might sit there and think, i'm not going to accept this. i'm going to cut off gas if they cut off the purchase of oil? >> i think it's roughly equal now because still it's not the end of the winter system, there is still a natural consumption and directly oil and gas currency flows from experts are comparable in size and if putin decides to cut off gas supplies, russia receives a billion euros a day from european experts of oil and gas in total and it's a significant part of this currency. that will mean a lot of trouble. the russian economy, less ability to finance the military and the ongoing invasion. putin might be threatening such moves but i think if he really does that, that will be painful for himself in the first place. >> what he must be really worried about is defaulting on his foreign

i would suggest everybody read mario draghi's strategy when it comes to ukraine and reliance on gas.. 10-year yield 1.925. boris johnson addressing parliament for the first time today since he was fined for breaking lockdown. tom: his party suggesting they might be willing to oust the prime minister if he faces legal action. francine: 50 pounds. francine: tom: we will see what the political ramifications are. president zelenskyy says russian forces have begun a new campaign to conquer the east of the country. >> russian troops began the battle for the donbas for which they have been preparing a long time. no matter how many russian troops are driven there, we will fight. tom: vladimir putin says western countries have hurt their own countries with sanctions against russia. >> we can now confidently say that such policy of sanctions towards russia has failed. the economic blitzkrieg strategy didn't work. the initiatives themselves couldn't get away with the sanctions. i am talking about inflation and unemployment growth. and economic dynamics worsening tom: joining us now is the forme

they have major issues, but they have no choice but to go in there and do a mario draghi. china economy needs a lot of stimulus because of concerns and the property market. haidi: do you think the energy transition is likely to accelerate if we do get a change in government here? you think there is a policy void regardless of which major party you are talking about. george: yeah, there's a notable policy void and that is politics. the old rule, politics is a bloodsport, as they say. the incumbent government has got some great economic numbers and f pivoted well enough in covid, and inflation in the developed world, 45 lows in unemployment rate. but there's a policy void going forward from both sides. there's a 2050 target for net zero from the current government and 2040 from the opposition. but broadly there is a policy void to reinforce this on both sides. like democracies around the world, it's about playing the individual as opposed to policy, and working that motive narrative. it's no different. look at what is going on in france at the moment. it is very difficult to

all olaf scholz in berlin at the head of a coalition that is very pro-european, and someone like mario draghihead of italy, in the next year at least, europe has a chance with pro-european leaders where they can finally find his new balance. what is europe going to do? what is eu solidarity going to be? are they going to be able to give memory states more flexibility on things like fiscal policy, on things like many economic policies? where frankly, countries have different trade-offs. so that will be the balancing exercise. that said, part of me also thinks there was a big sigh of relief in brussels and berlin and other european capitals and they will probably see this as a broad mandate to continue the policies they have been pursuing. around macron you saw french flags but you also saw a little bit of european union flags. shery: what about more specifically on president macron's strategy of strategic autonomy with his stance with the nato. where are we headed there? matthias: it is without any doubt that the absence of the united kingdom in the european union and the invasion of vladimir

jonathan: did you see what mario draghi had to say? lisa: yes. jonathan: what do you want, peace or air conditioning this summer? lisa: hold on the second, yes he is refreshing on one hand saying he is for the potential embargo or bidding of russia -- russian oil and gas as long as everyone else is on board and no one else is on board so it is pretty easy to say i am on board with that. jonathan: the one country not on board is the one everyone wants to see come on board in germany is not boarding any time soon. on the nasdaq 100, up .5%. yields in and the bond market now by couple basis points. things calm down a little bit and we really liked data this week, a little later this morning jobless claims and the state is set -- stage is set. tom: i can make jokes about it but this is really serious. we are beginning to see the micro effect in everyone's lives. and hearing. i read the minutes last night. [laughter] in england, do they have the cliff notes, do you have little yellow and black books that got you through college? jonathan: i think they