peter schaffrik, global macro strategist / analyst, rbc europe is still with us.'m quite taken that the european union seems to be the first economy out front when it comes to the certificates, which any say can speed up the recovery. assessment, and which sectors will get a boost from a vaccine passport? peter: europe has generally been -- already last year was trying hard to keep the economy open, particularly as tourism as concerned. when you think about why, it makes sense because those countries most affected by the crisis are the southern european countries. those countries have a significant tourist sector. you try to help these guys, it is what the european union wants, and it is one of the things to get going first. i'm not surprised they are talking about vaccine passport so certificates, that makes perfect sense to me. when you look at the other support mechanisms in place that primarily support the southern european union. it is a story about which geographic region do you want to help, and that is clearly southern european. going forward it is clearly