and so the net is a great solution.will be located, being located down about 20 people of the sidewalk, it extends out about 23 feet, and its marine grade stainless steel wire rope netting with border cables taught between support arms. and where nets have been erected, they've been almost 10 effective. >> okay. janet, what you think as you see this not being built? >> a great thing. a good thing. in all the positive there is to say about this net. like i said, i believe that they day, if kyle would have seen this net there, it would've gave him the help that he needed. it would've -- i just learned this word today. it would've interrupted his day. it would've stopped what he was doing, and he would've carried on. you know, i don't want to go any further with that, because i don't know what would've happened to him, but i know that he would not have passed away at that golden gate bridge that day if this net was there or something else was there. but knowing now that they had this planned, if that was there, it would've

trump's net worth to be distributed to all of his affiliations. to replace the current trustees of the donald trump irrevocable trust of new independent trustees that will require similar independent governance if a new trust is created in two permanently bar allen weisselberg and jeffrey mccartney observing in the financial control of any new york organization. and lastly to cancel any certificate filed under and by the virtues of the general business law of court and -- corporate entities and any other entity controlled by donald trump which participated and benefited from the ongoing financial scheme. in other words, permanently prohibit any of these companies from doing business in the state of new york. i want to be clear. white-collar financial crime is not a victim is -- victimless crime. when the well-connected to break the law, to take in more money than they are entitled to, it reduces resources to working people, to regular people, small businesses and all taxpayers. everyday people cannot lie to a bank by how much money they have in or

commitment to their net-zero tar: ets? commitment to their net-zero taraets? conflict has certainly made _ targets? the conflict has certainly made it - targets? the conflict has certainly made it harder| targets? the conflict has i certainly made it harder for certainly made it harderfor governments to achieve net—zero but it's also brought out the fact that we in effect have eggsin fact that we in effect have eggs in our faces fact that we in effect have eggs in ourfaces because it's taken us so long to start to implement this transition to renewable energy that we've been talking about. we're going to see two different directions, one is a focus on ukraine, and governments saying we need to use fossil fuels and at the same time countering that, we are seeing oh my gosh we didn't do enough, we have to start doing more. so we're going to see institutions, investments, even governments now starting to think about how do we hold ourselves more accountable? for instance, the norwegian sovereign wealth fund today came out and said it require all companies invests

trump's purported net worth. then that net worth was used to further enhance his financial standing, intentionally misrepresenting his financials to obtain incredible economic benefit. it was a scheme that by its very nature became more profitable over time. and it is all in stark violation of the law. as i mentioned earlier, the relief that we are seeking specifically, we are asking the court to permanently bar donald trump, eric trump, ivanka trump from serving as an officer or director in any corporation or similar business entity registered or licensed in new york state. we are barring mr. trump and his organization from entering into any new york state commercial real estate acquisition for five years. we are barring mr. trump and the trump organization from applying for any loans from any financial institution registered with the new york department of financial services for five years. we are requiring mr. trump and the trump organization to disgorge the financial benefits obtained through the fraudulent p

social safety net. edward berkowitz at george washington university. we also have sanford schram of hunter college. thank you both for joining us this morning. >> good morning. host: edward, this is the fifth in our series of landmark legislation. why do you think that the 1996 welfare reform bill fits the description of landmark legislation? >> well, i would say it's not in the top tier of landmark legislation. it's not a founding piece of legislation like the social security act of 1935. but it's important. it's one of the key pieces of legislation that attempted to change the direction of the welfare state from a relatively liberal position to a more conservative position. it brought the beginning of what might be called the gingrich era of social policies. that's why i think it's important. host: sanford, what was the safety net before the 1996 bill? what did it change when it was passed? >> the 1990 six law abolished aid to families with dependent children, which was titled four of the social secur

no immediate plans to move to net-zero emissions in the next 10-20 years.memo suggested avoiding language that would commit the industry to enhanced climate-related governance. when asked for comment, a shell spokesperson said the company has invested billions of dollars to transform its portfolio and accelerate a net-zero future, and that by 2025, half of total expenditures will be on low and zero-carbon products. the company also said the documents released by house democrats are actually evidence of shell's efforts to set aggressive targets, evolve its portfolio and meaningfully participate in the ongoing energy transition. an exxon mobil spokesman criticized influence map's report, saying a selective study without context is a deliberate attempt to generate a narrative. but influence map isn't alone in its conclusions. at least four state attorneys general have ongoing lawsuits against oil and gas companies citing misleading claims about climate change. faye: we've seen the regulation of advertising famously be used to try to curb the sinformation and p

trump's purported net worth. and then that net worth was used to further enhance his financial standing, intentionally misrepresenting his financials to obtain incredible economic benefit. it was a scheme that by its very nature became more profitable over time. and it is all in stark violation of the law. as i mentioned earlier, the relief that we are seeking specifically, we are asking the court again to permanently bar mr. trump, donald trump, eric trump, ivankaa trump from serving as an officer for any business entity registered in new york state. we are barring mr. trump an his organization from entering into any commercial real estate acquisition for five years. we are barring mr. trump and the trump organization for applying for any loans from any financial institution registered with the department of new york for five years. we are ordering him to -- an estimated baseline at the minimum of $250 million and to appoint an independent monitor at the trump organization to oversee compliance, financial report

there is a request, we need such and such a net for some cars, it is better to throw two nets the sound as not to drag antennas there, we do all kinds of antennas in a day, and we make not even one, but several nets, we sew here and a special product made of karemats so that the soldiers are not cold while sitting while performing tasks, everything that we learned as a boy, such as drawings and children's yes, we put our whole soul into these products that we make here and they can be helped by another development of volunteers, cutting and sewing first-aid kits, which are equipped on the spot with the necessary medicines and tourniquets, which we also learned to make ourselves, we consulted with military doctors that necessary for boys, if only they could come up with something for individual first-aid kits themselves, as i am also a doctor, and i understand that it may be necessary , headache, nausea, stomach problems, temperature, the volunteers also have a kikimora workshop, the craftsmen say that the military should have at least four kikimoras for different seasons the initiator o

net worth.p also read to routinely ignored legal restrictions on development rights. and marketability on properties that would significantly decrease property values. for example. park avenue in new york. this building contains both commercial. and residential space. the unsold residential condo units owned by mister trump and the trump organization represent the lion's share the reported value for this property. mister trump and his children intentionally ignored legal restrictions on some of the units that would have had that would have drastically changed the valuation specifically. the 12 12 of those units were actually rent, stabilized apartments. a professional appraiser value. those 12 units at around $750,000. noting that the rent stabilized units can not be marketed as individual units for sale because the current tenants cannot be forced to leave. despite this professional evaluation. and mister trump knowing full well, the legal restrictions, the 12 rent stabilized units were valued.

there is a need for such and such a net for some cars, it is better to throw two nets over the sound of baku so as not to drag all kinds of antennas over there in a day, and we make even not one, but several nets, we also sew a special product made of karemats so that the soldiers are not cold sitting during the performance of tasks, everything we do here is small for the boys, such as drawings and children's. yes, we put our whole heart into this products that we make and it helps them . tourniquets, which we also learned to make ourselves, we consulted with military doctors what was necessary for the boys, if they had come up with something for individual first-aid kits themselves, as i am also medics, and i understand that it may be necessary , headache, nausea, stomach problems , the volunteers have a temperature, there is also a kikimornitsa for the craftswoman they say the military should have at least four kikimora for different seasons of the year, the initiator of the creation of this public organization, doctor dermatovenerologist, mother of three children, valentina stepan

yes, this is a mosquito net.h big mosquitoes, so we had to record a video, but you shot a video answer, so that everyone doesn’t write in the comments. we can watch this video answer right away. there were very insular comments about the net, they say, what kind of mosquitoes do you have such big ones flying around. and here is a mosquito that flies with us. it was we who made such an anti-cat net, so as not to buy a super expensive one, we just took a huge net and attached it to the window. here are the very barbaric methods we had, so i recommend it. well, if this is your own apartment, then, in principle, you can do whatever you want, we set up this grid. and just 2 months ago, we have neighbors, and the cat flew out of the window. the seventh floor is high so everyone needs to bet who's got cats who has such balconies or windows, you need to put a net so that the cat does not fly out and is not injured, but you have such a simple solution that you can do something special. yes, buy it at a hardware store. yes

every company needs to go net zero. we have a new net zero cloud. a new net zero marketplace. we have the ability to help all of our customers go net zero. this is extremely important. we have started our one trillion tree program. we have made phenomenal progress. it is very important we get one trillion trees. we need to energize -- revolution we are doing that here. emily: the economy is in danger slump. record of inflation, rising rate hikes, ongoing war. how concerned are you about the outlook and your level of uncertainty? what do you see? >> we just went through a pandemic. i know we talked a lot during the pandemic for a couple of years. it was tough. me and you were at home trying to run our daily businesses, make things happen. the government invested a lot in the market and i we are coming out of the pandemic and i think those e-commerce charts we see a lot are great metaphors. you know the westech out in and out of the pandemic. if you connect e-commerce from 10 years ago today, the chart is still up and to the right. it's just that you

for equipment and trenches, let one net protect one person - this is a very big value, that was whata big one, 15 by 30 had to be made, they asked for at least 30, they need colors like that, we weave side by side, and the migrants and local residents of dubeni are working now ivanovna, 73, despite the fact that they move on crutches in the volunteer center, a pensioner almost every day, you know how my soul hurts with her now it's crowing, i want victory so that our children stay alive, as they say, the number of people willing to weave nets has decreased, but the need for them, on the contrary , has increased, volunteers say they are currently working on autumn , but they are already thinking about winter camouflage for the army it is necessary for people to join because it is possible that such a longer period has already passed and at once there were a lot of people. everyone called back and came. and now there are a little less. the more the better because there are many orders. well, now the dubensky volunteers have already sent almost half a thousand nets to the front, it seem

. > >> and the new concept of net the choice between prop 26 and 27? let's get real. prop, 26 means no money to fix homelessness, no enforcement oversight yikes! prop 27 generates hundreds of millions supports non-gaming tribes and includes strict audits that ensure funds go directly to people off the streets and into there's only one choice. yes on 27. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq >> taking a look at wall street. so far, so good. the g board is up e pots to stt t a e era rough . they swby by bears on sunday. gold report. >> i did not know i would turn turn into a cheap meteorologist today for kpix5. but the weather conditions, not good atp on the field. it was ugly. but but both teams had to weather the storm and it was the chicago chicago bears that benefited on their home field. 19-10 winnere to some untimel

where are the nets typically placed?k us through some of the issues that arise from this kind of farming. >> imagine anchors in protective coves on the migration route for wild salmon. each farm consists usually of 10 to 12 cages. they can be square, they can be around. interconnected with a series of walkways. they are anchored to the seabed with long cables which extends the amount of room they occupy and eat cage holds up 200,000 fish. the farm itself can contain a one million or more fish. these salmon are hatched on land and freshwater but raise the maturity for market size. they spend more than two years crammed into these cages. it was peter that tried to do an analysis of the size and help randby these cages are. they decided that working with the size of mature salmon that it was like cramming 27 5 -- full-sized salmon into -- >> the crowding leads to inevitable problems. they become petri dishes for parasites and pathogens. if you think back on our continuing covid experience, we know that going into a crowded

couldn't find the net. neil neil at half time on the on strike. i do a becca and jordan c. voucher. unable to get on the score sheet and that would continue just minutes after the break. c box was shot going just send to me, it is white. but the dynamic duo struck just minutes later because pinpoint cross fancy batches had no chance for those books. keeper coon castillo one neil or noon, and it was becker himself who sealed the game in the 77th minutes. full sequins longbow, perfectly controlled by the 2070 old after a handful, via check the gold count it back in his seat of the young season to new. it ended another successful day at the office for becker and see but job that much to the delight of when yawn coach boss fisher, and the fence at all to dr. munoz finish the date of the book. just legal table on you on berlin strikers. geraldo becker has been a revelation this season leading his team to victory again today. this is what he had to say after the wind against phosphoric. this is very special thing with a big in the end though, we were ve

the net zero - will fit in with the net zero strategy _ will fit in with the net zero strategy whichs make sense to _ people over these difficult times, it does make sense to accelerate| people over these difficult times, . it does make sense to accelerate the transition _ it does make sense to accelerate the transition to — it does make sense to accelerate the transition to a — it does make sense to accelerate the transition to a low— it does make sense to accelerate the transition to a low carbon _ transition to a low carbon transition _ transition to a low carbon transition. that _ transition to a low carbon transition. that can - transition to a low carbon transition. that can be i transition to a low carbon . transition. that can be done transition to a low carbon - transition. that can be done by speeding — transition. that can be done by speeding up _ transition. that can be done by speeding up the _ transition. that can be done by speeding up the cost _ transition. that can be done by speeding up the cost of... - transition. that can be done by speeding up the cost of... we'v

that's what the studies the the net zero america stay. that's what the berkeley 2035 study.t they've done that they have done that. this is not something that we're ignoring and i mean, i mean have you look at me what yes, yes studies. so first of all any any projection, i have a rule that any projection about the future that does not acknowledge. the present is invalid. so all of these studies every single one that i've looked at they're in total deny. they say that solar and wind have made things cheaper already. so that shows you the skill of their accounting something that we know is already made things more expensive. they're denying that so it involves all sorts of denial about the future and then all sorts of making up of hypothetical things based on faulty assumptions that i go by is what is actually happening europe 10 years ago was saying all the same things you are all the same things they were and they are in a total predicament where they're dependent on russia because they believe these fantasies instead of looking at reality if these ideas are so great impleme

so this guy added four billion dollars of net worth in a matter of 8 to 10 seconds.our job, what we were tasked with was to take the assets that existed in the previous years, personal financial statement, come up with a way to get as close to that $10 million as possible. so there is a target you are just there ratcheting it up. we are backing into a number. but, one of the things that tish james puts into her indictment, to her papers, which is very different and is actually worse than even this as an example, you have by the way mar-a-lago, everywhere. >> at least as alleged. every single asset is overinflated. but the part by far the most egregious, is when donald was subpoenaed to provide documents that do with his taxes. remember that's after donald's filed objections to the subpoena. it went to court, he lost. it went to the public court, he lost. went to the supreme court, he lost. and they ultimately gave a series of documents. that was supposedly all the documents. this is in tish james's papers. when the fbi raided mar-a-lago, what ended up happening is th

net-net i'm a buyer. am a buyer across the whole market? no.: sure. >> energy, coal, natural gas are the names i like. charles: let me pick up on that, because ultimately we're in the business to be a buyer to find opportunities. i want to find out sarah, where do you buy? when the coast is clear where will you be most comfortable buying? >> it is difficult to know when the coast is clear because it is really important as kenny was saying you want to use this as on student to set yourself up to be better positioned one day the bear market does end, whenever that might be. if on the stock side if you want to be tactical, go a little more defensive, look to consumer staples and health care. value stocks that outperform when inflation is high. at the same time think about long-term growth. some tech names have been really beaten up, you're a long term investor it could make sense to be buying cybersecurity names. artificial intelligence theme. i will also add that on the bond side of the picture, we're talking about two year treasury yields at 15-

we're trying to get the whole world to be net zero we're emitting too many emissions.forest we need to regenerate our planet we need to be nature positive and we need to fuel -- yes, we need to fuel for a revolution, one, two, three. these three things are really critical and salesforce, we take that seriously that's why we're net zero today. that's why we started 1 trillion trees. you have spoken about that. >> your birthday. >> trees for my birthday. >> give you a 25 year bottle of scotch and you got 25,000 trees. >> i appreciated the scotch and trees, thank you for that. number three is all these amazing entrepreneurs like me but going into these environmental businesses and i think these things are very exciting that we're seeing growth and action and intensity in this world and we all need to be doing something here at the show we're introducing net zero cloud but also our net zero marketplace and even time, which you know, that iintroducing co 2.com to go net zero now, boom. >> is it connected to intuit. >> it has to be connected to everything. >> who does that y

well, the most we can do is about 5 nets per week. very little, well, it is infinitely little , shouldre hands, you just come, we will teach you. we have a friendly family atmosphere, or volunteers are already a family, there is tea, coffee, there are cookies, so volunteers are very much waiting for i will help from dnipro olena modelyuk roman vyshinov details tv channel inter marathon the only news further news my colleague anastasia daugular will tell about the main events on now i won't say goodbye to you see you in nine o'clock it will be spring down there unconquered cities of ukraine this is a cossack town okhtyrka, which is proud of its churches and the miraculous icon of the mother of god, when okhtyrka was conquered by muscovy, the city had to cover its borders in endless wars for a short time , there was hope for a peaceful life as part of the ukrainian state, the reds took revenge for the famine, the prayed earth and the cossack spirit helped people save themselves and the city today okhtyrka again stands on the breaching shield, this time for the country to which her soul a

the greatest danger comes from fishermen and their nets in southern portugal where the number of sea horses has declined significantly . marine biologist are doing everything to protect the small and sensitive animals as best they can. ah, see horses have captivated the human imagination for thousands of years. and many cultures see them as mythical creatures. one person enthralled by these small animals is biologist george palmer for the past 15 years, he had studied them here at the barrow marine research station in southern portugal . ah, i really that's the federal because they're so different, so interesting, so sensitive and they were present. so well there, i thought that began like my role model for research. the station is located in ria formosa, a lagoon with designated protected zones for short and long snout at sea horses. this is an oasis. scientists have discovered more specimens here than anywhere else . but the sea horses are currently under severe threat as far as i know, the 1st the researchers, they estimate those i'm more than 1200000 sea horses in the lagoon. a f

billion net outflows. again, it will be wonderful if we double but in our assets, that is not the projection so that means that we are maturing in terms of net outflows in total. you see the blue lines are growing, and we also-because of the robust funding status, the net contributions from the employer and employees are going down. last year-a couple years ago the net contributions from employer was $1.25 billion. in 5 years it is projected to be $800 million. where does the difference coming from? it is coming from the fund. there is more liquidity needs on the fund. let's look in another perspective and what does it mean to employer contribution rates? so, you see last fiscal year the employer contribution rate was all most 27 percent and now, projects to go to 9 percent by 2030. again, this means that there is less contribution going out contributing less money coming from employer and employees and more coming from the fund. what does it mean in terms of what we call spending rates or another way to n

and this is why the cost of going net zero is phenomenal.very year from 2021 through 2050. oni know you're tired of the word but it is a lot of money. [laughter] it's worth pointing out and they also assumed this would lead to 3 percent additional green inflation. this is not cool. this is not what we like. this will be phenomenally costly. if you look at a nature study shows that net zero will cost each and every american more than $11000 per person per year. if we just can't 20 percent, most americans would accept that we would survey them and get 100 or c $200 to fix the climate.ht so 40 percent is already stretching it. 60 percent now. 80 percent now. 95 percent now. you cannot get people to say sure i will spend $11000 each and every year to be that much more uncomfortable that will not happen i don't know if you saw a new study that shows that zero will cost nine.2 trillion dollars every year this is the cost of percent of gdp further nationus seven.5 percent of global gdp every year for the next 30 years is to give you a sense of prop

net worth and cheated the system, thereby cheating all of.he other defendants's children. donald trump jr., ivanka trump, and eric trump. >> john discussion now, david enrich, the business investigations editor for the new york times, and author of the new book, servants of the damned, giant law firms, donald trump, and the corruption of justice. also tim o'brien executive director of bloomberg opinion, and author of the art of being the donald. he's an nbc political analyst. david enrich, in the couple hundred pages of this complaint today, what have we learned about donald trump's adult children who work in the company? >> well, they've got a big legal problem now themselves, and i think this is something, myself included, had primarily viewed as a donald trump father problem but it's clear that, if these new general allegations are to be believed, the fingerprints of not just trump but the kids are all over this, and there is a substantial legal problem that they are now facing, along with their father. >> tim o'brien, speaking of book tit

overall that is a net negative. stronger outweighs a few art. so there is a problem or damaged.so important to get a sense of proportion.he you hear this, so that every hurricane you here, that is the end of the world because of global warming. and one of the problems is we have very, very bad long-term trends. fundamentally it hard to go back to 1900 and expect most hurricanes haven't noticed back temperate course we notice all of them now because we have satellites. how do we adjust for that? if you look at the best long-term trend i'm sorry long-term data source that is u.s. landfall hurricanes because since 1900 is very unlikely there's a hurricane that hit the u.s. in nobody noticed. so we have good evidence for this. actually what you see is not an increasing trend in slightly decreasing it's notut significa. but fundamentally it's not increasing. again people will tithers going to be more stronger hurricanes. of course we also have strong hurricanes. and again not increasing if anything slightly decreasing. we need to tell this. we also have reasonable evidence for landfi

cutting away the net. i mean, job. look at this.atching the four-year in the bay area and it's really sad to see that will get trapped in, you know, nets in shipping containers like the it's so heartbreaking when you think about this because this is a lucky instance where the whales actually free bike. >> thousands of whales die every year from ship strikes from nets. all this kind of stuff in their populations are still dwindling. despite these conservation it's nice to see that this will escape, but it is hard to imagine that loss. you know, as many as 8 will have been found in the same situation on the stallion coastline within the past 4 months. >> holla switch gears a bit. are you looking to score big on the mega millions lotto? but just can't seem to pick the right numbers. well, we've taken a look at the stats and found the most winning numbers. john, can you guess before we read these 1, 2, 3, 4, 5, 6, 7, 8, 9.10, 0 k levee over the 5 numbers are showing up quite a few times. turns out 7 is the luckiest number. you mentioned

he's also been critical of the government's net zero strategy, talking about what he called the "huge by 2050 so the country isn't adding to greenhouse gases in the atmosphere. that gives us a strong steer on some aspects of the new prime minister's energy policy. we can expect a big effort to boost gas production from the north sea, and liz truss has also said she wants to take the green levy off energy bills — which helps fund energy efficiency for vulnerable customers. and she'll probably also deliver on her promise to lift the moratorium on fracking — that's where you use high pressure fluids to fracture rock releasing the reserves of gas trapped within. but these policies will not help get the uk out of its current energy fix, liz truss was warned today by the government's advisors on climate and infrastructure. the scale of the opportunity to increase our gas production is too small to change the price, so sadly we need to focus more on reducing our demand for gas in the first place. his advice to the government is focused on helping us to insulate our homes, switch to heat pump

we raised cash we have not on a net basis employed the cash. we have added to certain investments. we think there's a lot of attractive value among the high-quality businesses. our strategy is to own great businesses over the longer term. we've been invested in apple since 2006 we have been invested in amazon since 2014 really since 2008. we've been invested in google since 2010 -- excuse me, alphabet so, i think that gives you some idea of how we look at things. >> and the notion that these companies got used to the pull forward in demand, scaled up, and now there's slack in that rope, that doesn't concern you >> i like the idea of businesses running their businesses our attitude is we want our own people to be productive and people not productive won't be here we like our people i think that's what they're doing. i think that's -- a lot of them overexpanded in certain areas. i think the core businesses are sound. one thing we remember from the financial crisis of 2008 is that owning the companies that can come through that with strong financial positions and great business models

allow discrimination on the net and that's going net neutrality and i'm going to continue with senator wyden with so many more of my colleagues. thank you, mr. chairman, the opportunity to be here. >> next, we'll hear from senator cap capito. >> i know this was asked earlier, but i would like to can, imposing 15% book minimum tax and increase to spectrum license owners by $2 billion over 10 years. like many virginians, i'm concerned it will be slower to close the digital divide because they'll have less for 5g and spectrum capability. is it your understanding enacting on booked income as written in the tax and spend bill will raise taxes on spectrum license holders, thereby raising prices on already strapped consumers? >> it is, and hopeful for a technical correction so we can consider the spectrum option holdings the same as infrastructure holdings. >> meaning, what, it will raise taxes? >> yes, it's both retroactive on the over 200 million on these spent on spectrum, as well as proactively. they're going to have to come up with the tax to pay for what they actually already hold that

we do think you will see more of those types of changes and net. that will serve to further tighten the conditions. it may be a bit of a positive if the credit issuance pipeline is not as aggressive. that will offset the financial conditions in the futures. >> will leave it there. always wonderful to catch up with you. mark at bank of america. marine o'connor over at wells fargo. still ahead, the finals read of the week ahead. a host of global rate decisions, including the federal reserve. that conversation comes up next. this is bloomberg rated --. >> on the week of -- ahead, coming up, jay powell and the federal reserve are kicking things off on wednesday. a big decision, and then it's the bank of japan and the bank of england on thursday. plus we get another round of jobless claims, and we will round out the week with some new pmi's. europe manufacturing. let's get our next guest year. glad we could get to on the program. before we ended here, let's start off with a look ahead. were going to expect the 75 basis points out of the fed here. do you

zero on carbon emissions. >> net zero is mass murder and should not even be on the table whatrg policy should you have? the key thing is to engage in any liberation of low carbon alternatives and we are very fortunate and have a low carbon alternatives which is nuclear and was criminalized by the green movement to the point it's almost ten times more today adjusted for inflation than in the seventies. think everyone should be in favor to the criminalized nuclear the way they work to reduce co2 emissions but they also make energy more people available. looking at the professor's track record everything he says on twitter and then he calls it expensive. it's only expensive because of the green movement he is a part of and supporter of. at 8 billion people have b energy. >> environmental justice for the poor and middle-class and the only solution to reducingak fossil fuel use making american families by tesla? >> i hate to do this to you but in france they run nuclear power most electricity is nuclear our reason is regulatory. to say we can do it is absolutely wrong but the statement that

straight ahead, the latest survey on asia pacific high net individuals. get out of these public markets. inflation is a problem. yvonne: yes. coming up apple manufacturing in china, extending a lockdown after covid-19 cases increased. we will look at the impact on the economy later this hour. this is bloomberg. ♪ yvonne: yes, a 12th straight day , that stronger fixing from the pboc. that is the second strongest on record. yesterday was the record. were talking about north of 300 bps today. 6.9684 for china, the onshore rate. still with us as the senior currency strategist at westpac. there is this talk about seven, but against the plastic -- basket, people say the renminbi is resilient. what is your take? >> a number like 70 will be in focus, and probably take some effort, and people would be looking to sell some dollars. it is not particular damage it number from my point of view. years ago, we were close to 7.20. the key is that the yuan strength was seen as overdone six months ago. and so, it has come back a bit, obviously, against the strong u.s. doll

you know the net result of it? the net result will reduce the deficit this year by 1.3 trillion in all this talk about the big spenders in congress of the bill puts together for inflation reduction on those two issues cap in the cost of prescription drugs for medicare and making certain appropriations profitable corporations pay their fair share of taxes like every american family. those two elements were not mentioned by the senator from kentucky. it is understandable but what i want to make clear is we didn't have a single republican vote support of what i've given you. there's an additional section that is controversial, i think we are facing in this world today, obvious evidence of extreme weather and changes that should alarm us. yes, climate change. global warming. what we did was create incentives for american families and corporations to take steps toward responsible conduct. it is coming. it wasn't a federal mandate that required car companies to build electric vehicles. they see the writing on the wall an

cannot ordinary spook you ditty of dialing a family and my have a shell as well. glanced collateral net is poorly cotton. i mean school was shut. peter, go wouldn't let. there was a note for him. you should get the widget. should you buy? if you, kate, easiest. not she wouldn't be a girl now, problema was nij trucks established and breaking. did you getting enough? which actually i knew what she 2022. so a repeat with children. once again, being evacuated from territories controlled by cave grain up with her. so political did you thought here? if not, since you got out of here or you'll know, catherine will even up with control now crania dungeon. it was paula girl, is as school inter, nothing is pasadena off to was it you will get it is a yellow kid. he thought a little guns been that was that is probably what i can look at your go to look at about school. listen, i did it already. vicky way we is the boy. she has us as dick me ear was muslim. premier in our colleges for o'clock works with children. hundreds of orphans from the da nets people's republic were evacuated in the a man out,

there is much more work to do but we are on a path to a net 0 emissions economy. i'm proud, the treasury is at the forefront of implementing this plan. today countries representing 90% of global gdp have made net 0 commitments by mid century or soon thereafter. by mobilizing private capital, clean energy tax credits implemented by treasury will propel our economy and workers to a leadership position in the fastest growing markets and technologies of today and of the future with positive spillovers to the rest of the world and this includes -- >> all our programs are available on c-span.org by searching the event topic or sponsor. we take you live now to the