pruden is engaged in we believe we could be a target, those threats have to be mitigated with federallocal partners but unquestionably as our prominence goes on the international stage. stuart: can you tell me if you have been pinged for a cyber attack? >> we've seen an expert enjoy increase, we have a full-time staff on cybersecurity, we made an announcement about getting a certificate from the state of texas, the first port in texas related to cybersecurity, we've seen certain increase in cyber attacks but we are also looking at the physical infrastructure making sure we are protecting physical infrastructure from nefarious acts. blue when your port is the largest exporter of liquefied natural gas. >> we are number 2 in liquefied natural gas. they have the largest export facility in louisiana. stuart: you know it is under attack, the idea of exporting natural gas not popular in many quarters. >> popular with our western european allies who see a major disruption from the russian gas provisioning. it is absolutely critical for us, the united states, to produce more natural gas, to ge

pruden told his chinese counterparts that he understood beijing's worries about the war. global news, 20 for hours a day, on lumber quick take, powered by more than 2700 journalists and analysts in 120 countries. i'm mark crumpton. this is bloomberg. >> welcome to bloomberg markets. let's dive right into the price action. you are starting to see some not so great days for the stock market create a lot of pain. 1.3% with fear stricken by one name. fedex. what does it say about the global economy. is the recession closer than a lot of economists really thought it was. take a look at the yield. 344. really unchanged when it comes to a basis move, but it is intraday volatility want to keep an eye on. with that move, you are seeing the dollar kind of stay fairly steady. 1309 on the bloomberg dollar index, but a slight index on the session weighing on the commodity space, down by five densa 1%. as we look a little deeper, according to the stock movers, we have been shying away from technology. platforms are preparing for facebook platforms. close to 3%. it's basically dancing a

she has congratulated pruden in 2014 -- congratulated vladimir putin in 2014 for conquering crimea and for his quote unquote election. now she has been solidly in favor of ukraine. that is undeniable. this is i think typical for wider trends of these antiestablishment parties across europe. they feel that to get to power, they have to abandon some of that luggage so to speak. in itself that is a welcome development. it is good to have parties that were holding more authoritarian opinions are abandoning those. we will have to seize and practice whether they stick to those. i think in the case of giorgia meloni, when it comes to russia, she will. let's not forget also in france and germany, politicians have been a lot more careful when it comes to sanctions for example. it is good among european democracy we have healthy debate. but ultimately there was a united front against russian aggression. i personally think in the end italy will stick with the european alliance and the western alliance on this topic. hazem: as with all recent italian governments she is not going to be able to gove

pruden's remarks this morning. you know, america and its allies are not going to be intimidated.e are not going to be intimidated by putin and his reckless words and threats. jon: the president now talking about vladimir putin, but also sharing an update on the federal response efforts to hurricane ian. katie: you can follow all of this on the bloomberg. we have to leave it there. for jon erlichman, i'm katie greifeld. this is bloomberg. ♪ millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't

that is since pruden escalated the war in ukraine and a price cap agreement is likely to feature as partf a new package of sanctions to be proposed by the european commission. let's discuss more with jose manuel albares. minister, thank you. walk us through the report for more sanctions on russia, how unified is it, what you think will be added? >> we had to do to meeting for the minister of foreign affairs here in new york during this week and the united nations. it is very clear we are all united in front of the great challenge of black male -- the black male that vladimir putin -- blackmail vladimir putin is putting on us. we are ready to stand for the territorial integrity. guy: minister, good morning. do you think the eu is being tough enough now on russia? >> we are with the same cohesion we have known since the very beginning, we are all united ct this escalation vladimir putin is putting in front of us is not going to make us go back. on the contrary, i want to back and support ukraine's territorial sovereignty. alix: do you expect this to consider if the center gains control of

. ♪ >> from the world of politics -- >> the real issue is if pruden strikes back.ack on the infrastructure, whether he resorts to more, including the possibility of battlefield nuclear, all of that creates a dangerous moment here. >> to the world of business -- >> i would suggest the fed's funds rate is close to where the fed things the long run neutral rate is, 2.5%. as a glance -- gets closer to .5% and above it, i think the fed will start to need to go a bit slower. 0 this i >> >> balance of power with david westin --

just today, president pruden has made nuclear threats over your appearance be a former fbi navy seal,onathan gilliam, good morning to you. what are your thoughts of the president speech? nikki haley was on yesterday and said one area of improvement could have been let the president could have called up countries propping up russia and the war against ukraine. amazingly, a lot of those countries are members of the human. iran, belarus, china, syria and venezuela. what do you think? >> you know, when it comes to the u.n. come i will speak to that first. when i was in the fbi one of the things i did for several years, i was engaged to the united nations every year when the general assembly happened. and the things that i got to see from behind the scenes was a tremendous amount of egos, loyalty that we don't truly understand or know about in the general public. the way that these decisions are made. is pretty fascinating. i would have to say from the u.n.'s diplomatic side, i don't think it is any surprise who worked with russia and who doesn't. i think what is a surprise for everyone is

but, again, john pruden is not afraid of words. putin is afraid of actions.he biden administration canceled the one program that was authorized by former president, the 45th, that struck at the heart of pollutants sold called escalate and de-escalate nuclear doctrine. the biden administration canceled the see it launched a nuclear crew is a missile that to the, president trump authorized for our own forces. and, that way, the one deterrent that putin was really afraid of is now from this chessboard that putin is gambling with. >> gillian: one of the key things that they had biden administration has said they wanted to achieve during this war is, not just to turn in the world against putin. but to turn the tide of public opinion inside russia against him as well. we see all kinds of fake pulling out from the russian government. do you have any indications, have you seen anything that indicates the biden administration is having success with that goal? >> well, the goal that was articulated by the secretary of defense, austin was that we are helping ukraine an

this is hoping to -- pruden was using to try to bludgeon ukraine and its allies. so far i would say on the economic front, the russian energy has not resulted what putin wanted because he thought by threatening energy cutoffs, he would make europe set her support to ukraine. that is not happening. they are finding ways around russian energy, despite the recent cut off of the nord stream pipeline. it is important that the u.s. remains very strong and so largely bipartisan despite being rustled by -- within the publican party. -- the republican. nato has been strengthened and finland joining. putin is not achieving his objectives. it wasn't just his initial objective of taking over all of ukraine, he has not even achieved his intermediate objective laid out in april of taking all of donbass. that hasn't happened either. the russians really have not made any gains beyond that. and now the ukrainians have the initiative. the ukrainians are on the offensive. we are talking about what is the nature of the ukrainian offensive, but i think the important point here is righ