reserve sitting and waiting. we have the vice chair of the federal reserve nominated, sitting ande waiting. we have three people who are not even on the board on the federal reserve yet, sarah bloom raskin and lisa cook and philip jefferson, who are just going to advance and maybe it doesn't matter about the three of them. they are public servants that chose to do this but what does matter is federal reserve board only has four people on it now and i don't know when we are going to fill it because, the erranking member and the other 1 republicans have decided that they don't want to show up and do their job. when we come to the senate, the presiding officer, the junior senator from connecticut knows this, you are not given a little sheet that says here's what you do here. you vote yes, check the box yes, no or i don't think i'm going to work today i'm going to have boycotted the vote. you vote yes or no. they really don't have the right to just decide i'm going to go home and not work today to work on a boycott f

five were to be governors of the federal reserve. they had been nominated to federal reserve posts, and one is the director of the fhfa. now i told the chairman last week that as far as republicans on the committee were concerned, we were perfectly fine proceeding to votes on five of the six, five of the six nominees we were ready to have votes on. and those five included the chairman of the federal reserve j. powell, the vice chair lael brainard, nominee professor lisa cook, nominee professor phillip jefferson, and the nominee to be the director of the fhfa, sandra thompson. all of those, we were fine with the vote. by the way, some of those nominees have significant republican support. at least one, i think, has no republican support on the committee, but that didn't matter. we were prepared to go and vote on these nominees. but the sixth nominee that chairman brown wanted to have a vote on, sarah bloom raskin, and i told him then -- this was like last thursday -- that she had chosen not to answer quite a number of important questi

and i reserve. the speaker pro tempore: the gentleman reserves the balance of his time the gentleman from ohio, mr. davidson, is recognized. mr. davidson: i yield myself such time as i may consume. i rise in support of senate bill 321. mr. speaker, with our world so intersect connected today we can forget how big the role of mail played in our daily lives before technology came about. these -- especially rings true for those who left home to defend our nation in terms of war. according to the smithsonian's postal museum, the importance of mail during world war ii was second only to food. the emotional power of letters was heighten bid by the fear of loss during times of separation. it was well known back home in the united states and many answered to send letters. however, getting these letters to the men on the front lines was an arduous task. warehouses in birmingham, england, had a backlog of millions of pieces of mail. this is where the six triple eight central postal directory battalion forever

the speaker pro tempore: gentlewoman reserves. -- the gentlewoman reserves. the gentleman from kansas is recognized. mr. laturner: i have no further speakers and i am prepared to close. the speaker pro tempore: the gentleman is recognized. mr. laturner: thank you, mr. speaker. i support this bill and i yield back the balance of my time. the speaker pro tempore: the gentleman yields. the gentlewoman from florida is recognized. ms. wasserman schultz: thank you, mr. speaker. i support this legislation ands urge passage of 735 and yield back the balance of my time. the speaker pro tempore: the gentlelady yields back. the question is will the house suspend the rules and pass h.r. 735, as amended. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 having responded in the affirmative -- for what purpose does the gentleman from montana rise? mr. rosendale: thank you, mr. speaker. i would request the yeas and nays please. the speaker pro tempore: pursuant to 3-s of house resolution 8, the yeas and nays are ordered, and prait mrait -- pursuant

babin: we reserve our time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlewoman from texas is recognized. ms. johnson: thank you, madam speaker. i yield one minute to the gentlelady from illinois, ms. kelly. the speaker pro tempore: the gentlewoman is recognized. ms. kelly: thank you, madam speaker. i want to thank chairwoman eddie bernice johnson and her committee for all of their hard work. passing the america competes act will help small businesses and ensure the u.s. remains a leader in scientific development. this bill funds stem programs that develop the next generation of diverse scientists and ininvestors and -- inventors and funds the chips act to bring back semiconductor manufacturing to u.s. shores. companies large and small across industries are confronting new supply chain challenges. in my district i visited companies that are doing their best to produce delicious mustards, despite current production challenges. the bipartisan supply chain act included in this b

i reserve. the speaker pro tempore: the gentleman reserves. the gentleman from maryland is recognized. mr. raskin: madam speaker, i have no more speakers on my side. i wonder if the gentleman from pennsylvania has other speakers. mr. reschenthaler: we have no more speakers, madam speaker. i'm prepared to close. the speaker pro tempore: the gentleman from pennsylvania exis recognized. mr. reschenthaler: thank you, madam speaker. i yield my southwest balance of the time. madam speaker, thanks to president biden and house democrats and their far left radical policies, americans are currently facing a border crisis, a crime crisis, and an economic crisis. despite a lack of scientific evidence to support masks in schools, democratic governors, officials, un-elected bureaucrats, petty tyrants have mandated the use of mask in schools. damaging the educational and social development of our students. it's past time that democrats stop prioritizing the woke agenda and work with republicans to address these and other pressing issues facing american famil

that's from the kansas city reserve -- federal reserve bank of kansas city. my problem with that is on tuesday night, the colorado division of banking says that's not true. this is what they said, and i quote -- we consider the statement that the division reinterpreted state law as a misrepresentation of our practice. so it remains entirely unclear what happened here. all we know is that ms. raskin was in the middle of it. the firm whose board she sat applied for a very, very valuable account with the fed. they were turned down. she intervenes. they get approved and we can't get an explanation of what happened here. is that fair to all the other fin techs across america that would also like to have a master account and they've been turned down? how is that fair to anybody? and how is this committee doing its job if we don't insist on getting some answers to this question but we get stonewalled? we get answers from the nominee she can't recall and we get basically nothing from the fed. so mr. chairman, it's your choice if you want to continue to preclude the p

and the fractional reserve can prevent that.nd so the money market fund with the high quality assets has limited that the payment between a stable coin in the money market fund is that the money market fund is purchased for the purpose of earning yield in the stable coin to use it as a payment mechanism. they are slightly different and then asked stable coin in the government money market fund. >> we should be careful to accommodate the potential that this shows to recognize we want to keepth america competitive market in the interest of our economic security also the national security interest into account. i hope we do so in a way that it continues to make america a desired jurisdiction. and hear them push it to another market. >> so i word agree with your comment. the stable coins that are stable. those are tied to the us dollar thatll are stable would be an important component of preserving the global currency. >> we should work together and the vital national concert security concerns and try to make this market in we have

the last point you mentioned, reserves, targeting of the central bank reserves is the most important piece of the news here if you think about the russian ruble and a lot of the russian local assets the fact they have a significant amount of reserves upward around $600 billion the main and first line of defense against russian local assets i think targeting of that and freezing of reserve assets, it becomes very hard for russia to essentially defend the ruble from the sorts of the pressure that you are seeing. i think we should expect the ruble to trade weakly. it is no surprise with the volatility in the markets today. >> look aging at the volatility, you are seeing the global markets. how is the volatility we are seeing now compare to historical moments like annexation of crimea in 2014 >> if you think of that period, it was the end of the year and escalation of violence in the donbas and fall in oil prices. there was a de-couumulation of e oil reserves there was a significant intervention in that period. that gives you one sense of the role the reserves play in stabilizing currenc

to continuingng that progress the director of the federal housing finance agency and five federal reserve nominees and jake powell is the chair. and the vice chair and lisa cook and philip jefferson. instead of showing up to work to do their jobs the republicans have walked out on the american people colleagues claim because they haven't gotten the information they requested from one of the nominees. let me be clear ms. raskin is a subjective and reflecting on —- unrelenting smear campaign by the ranking member and republicans that has become all too common. they distorted our words and painted her ass a radical as we heard during the nomination hearing she is the mainstream economic thinker and confirmed twice by unanimous votes in thena senate. and the views on climate are not extreme and then to say over and over again over system resilience they haven't stopped there but become more personal and attackers substance with that character assassination the innuendo without offering real evidence. and then to be transparent and going great links to respond to the committee with all the pap

i reserve. the speaker pro tempore: the gentlewoman reserves. for what purpose does the gentlewoman seek recognition? mrs. bice: madam speaker, i claim time in opposition. the speaker pro tempore: the gentlewoman is recognized. mrs. bice: i rise in strong opposition to this amendment. the amendment is the latest attempt by progressives to undermine efforts to xeep money -- keep money out of the hands of a terrorist organization. following the biden administration's disastrous withdrawal from afghanistan, and the taliban's takeover of the country, the u.s. did freeze nearly $9.5 billion in assets of the afghan central bank to prevent the terrorist organization from accessing the funds. . other international organizations have taken similar actions this amendment attacks such protections made by the u.s. and our international partners. the package already jeopardizes our national security by signaling to the communist leadership in china that we are not taking our economic competitiveness and technological leadership seriously. now some of our col

there are concerns about russian companies selling fx reserves in an attempt to shore up reserves attral bank. a quick look at markets. the russian ruble following this morning, plunging 20%. it is off the lows we've seen this morning, falling as much as 25% this morning. that means your ruble is trading at 1.05, versus the dollar. the euro-dollar also under stress today. there are a lot of questions about what this means for the european economy. it could mean more pain for the european economy, especially as gas prices rise. i want to point out, russia introducing mandatory fx rules for companies. again, the impact to the ruble, ruble continuing to weaken, down 20%. the yuan little change, there are questions about it being the currency of choice to shore up reserves. 1/10 of 1% of a rise of the yuan versus the dollar this morning. brent crude continuing to move higher, that is $103 this morning. let me reiterate some breaking lines we have been seeing, russia introducing mandatory fx revenue sales for companies, off the back of the interfax line. they have to sell 80% of fx revenu

margaret five federal reserve nominees and one for fha. we need a full federal reserve board of governors to bring down prices and put workforce first, the first time in a decade loosing complement of governors once we confirm committee on these five families. ranking member toomey and i read on the base for the hearing and markup. americans are depending on us to get these people on the job as soon as possible my colleagues are as concerned as inflation as a claim to be in this committee and beyond it will not slow down the process which will hurt while for some of the families probably predict to watch the super bowl sunday, you saw and after at most americans heard of almost nobody knows what it really is. even many of the people bought it often don't understand it big crypto companies are looking to make profits desperate to reach as many americans as they can pray for celebrities gimmicks to make perfect sense exciting daily travel forex the ads you things are, they did mention thought, scans and. they can show you can big in the pric

the money market fund fully reserved one 100% high quality assets have limited reserve run. the difference from stable coin use it as a payment mechanism. they are slightly different birthing the redemption features will distinguish stable from a government money market fund. >> i think as we w look at this we should be particularly careful to accommodate the great potential this shows. toca recognize we want to keep america's competitive market that's in the interest of economic security. weal authentic our national security interest in account voting to do so in a way that continues to make area a desired area rather than pushing this activity which is very jurisdictionally movable. we would rather do it here than push it to another market where we have much less control visibility audit. >> ild would agree with your comments. stable coins that are stable, stable coins tied to the u.s. dollar that are stable i think would be an important component of preserving a global reserve currency. >> we should work together to make certain vital concerns are vital national security

let me start talking about the federal reserve. this afternoon at 215 will be be reading in svc 200, the visitor center at the bottom of the steps. my colleagues are as concerned about inflation as they claim to be with this co we agreed on the dates for the hearing and markup appeared if my colleagues are as concerned as inflation as i claim to be in this committee and beyond, they will not slow down this process, which will hurt workers, their families, and our recovery. if you watch the super bowl and sunday, you saw ad after ad for a product that most americans have heard of, but almost nobody knows what it really is. even many of the people do not understand that. big cryptocurrencies are looking to make big profits and are desperate to reach as many americans as i can. they brought in a celebrities and gimmicks to make crypto sound exciting and daring and profitable. the ads left a few things out. they did not mention the fraud, the scams, the outright theft. they did not point out that you could lose big in crypto's price sw

, nor be can be live without reserve. and in terms of the past 20 years, i mean there are 2 major issues. one was war. now it's over in affected in drop by and by an event. don't have the privilege information, but it seems to give me a call and no dividends for peace because they cannot accept them. that marriage or the past 20 years would be much dependent on money. and that money stopped more or less the other major issue that made up a big or country what year was the waste and corruption was going on because of mostly the way the money would've been in the country. a lot of money was on accountable. mean a great area. the thing is, as it has a lot of bankers and other measures taken up on that, i'm not trying to blame on anyone here. but in all the information you want to pretty much in charge of the whole country. and it is a continuation would have happened in 20 years, so we didn't see any dividend for peace in the sanctions. and the way to you are all the occupant and we are going to see the continuation of the w

to baselines and reserves of that amount. so, a negative number is a cost. so as our revenues grow, we have to make increased contributions to our baselines, rules laid out in the charter. >> supervisor safai: okay, got it. >> this is showing general fund contribution to baselines and reserves. it feels like a cost to the general fund because every dollar that comes in, we have to make a contribution according to the charter. >> supervisor safai: and then if you go to the first line, sources increase and decrease -- can you walk through that line? it makes a big jump from 2022-23 to 26. can you explain that? >> i also have the controller's office who can jump in and make any comments on the revenue. like i said, it's comparing to the prior year, so i don't know if michelle, you want to make comments on some of the major contributing factors to that growth. >> supervisor safai: so this is about sources, the first line, sources increase and decrease. >> positive means that the revenue is projected to grow over the four years of

we got for reserve, no credit be can be a blank without reserve. and in terms of the past 20 years, i mean there were 2 major issues. one was war. now it's over, in effect, is in drop by and by an event. don't have the privilege information, but it seems to give me a call and no dividends for peace. because the economic system that merge with the past when years would be much dependent on money and that money stopped more or less. the other major issue that made a big country with one year was the waste and corruption was going on because mostly the way the money would been in the country. a lot of money was on accountable mean of a gray area. the thing is continuing as it is a lot of bankers or other measures taken up on that. i'm not trying to blame on anyone here, but a lot of the equations you want to pretty much in charge of the whole country. and it is a continuation would have happened in 20 years, so we didn't see any dividend for peace of the sanctions. and the way to you with that are all the consequences. and we are going to see the cont

to reduce the reserve and the amount of usage we are on the reserve. is that unfair to say that in the work orders from across the board? a goal that the commission would like the staff to do? that is discussing. >> i'm sorry. is that a direction to me? >> we will understand that that will require us to work with others and don't forget that is the direction we need to work on. and as i said before, there are automatic savings already in the work orders. we've -- i will be reviewing a report over the next day or so of the past three years of all the workers and what the actuals are. that is a good place to start. knots going to get us to $34 million, but that is the place to start. >> and deputy city attorney, this terminology, i am not sure a conditional approval is possible. the budget has to pass or not pass and be passed along. it can't have a potential for it to be vetoed after the fact or a condition not met. it may pass along with direction to do other items and then you can determine whether or not that direction is met after the fact. it would

currency, the dollar as the reserve. there are no conflicts there. it is actually important. it is part of the future of the payment system in my view and serves a purpose. it may not be the only payment mechanism or the only option but it could be an important part. >> thank you. can the development of a central bank digital currency and private stablecoins coexist? sec. liang: i see no reason why they could not coexist. >> in looking at the report in its entirety, where do you believe the regulatory framework should exist after reviewing it within the federal government? sec. liang: the pwg report came down on the view that a consistent, less fragmented regulatory framework is preferable to one that is inconsistent, that less fragmentation will spur innovation more than a very fragmented system. when we reached out, when developing the report, we were hearing from firm developers that they would like more regulatory clarity. currently, states do issue charters. they are learning a lot from this experience. but they do

, and the federal reserve, seven members of the federal reserve sit with the 12 fed presidents from around the country and they make decisions on monetary policy and they debate and discuss with a wide perspective of voices and a wide array of voices and that's just not going to happen until they decide, let's vote on these five members of the federal reserve. so i wanted to inform my colleagues of that. we all -- 12 of us showed up. 12 members didn't. didn't have a -- really good reason except they didn't like one of the answers that one of the fed nominees gave and that's not a good reason to not do your job. mr. president, i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: >> okay, i'm proud to be joined by our leadership team of senators murray and stabinau. a lot of enthusiasm, new ideas on focusing costs lowering costs for families whether it's childcare or prescription drugs or semi conductor chips or filling up the gas pump , what's on the dining table, we're coming up with solutions to address these issues. that's the big difference b

there is a recetiscent with the federal reserve. there is issues with russia and china on the horizon that could destabilize the economy. whatever the fed reserve does, brian, whatever it does, it will would be a bumpy year and called upon to do unpopular things. it will be a wild ride >> the most important time in the federal reserve's history since the financial crisis you have new folks going on. it is a wild time. chris campbell of kroll. thank you. take care. >>> all right. on deck, where is the price of bitcoin going? your morning rbi is in the forecast and they are all over the map. we're leaving you with the markets and nasdaq down 300 points in the pre-market down 2%. hold on to your hat. grab a cup of coffee we're back after this. >>> time now for the morning rbi. let's talk bitcoin because it has been a rough ride for the crypto and other cryptos bitcoin lost 20% of the value this year and is $32,000 off the record high set three months ago. that is the very definition of volume volatility that is the past you probably ca

the director of the federal financing agency and five federal reserve nominees. instead of showing up to work to do their jobs, republicans have walked out on the american people. my republican colleagues claim they have not gotten the information they requested from one of the nominees, she has been the subject of an unrelenting smear campaign by the ranking members and republicans, something has become all too common. they distort her words, paint her as some sort of radical. during her nomination hearing, she is a mainstream economic thinker and confirmed twice by unanimous votes in the senate. she is not in the business of telling banks who told them to, her views are not extreme. she has said over and over again, this is about economic and financial system resilience. the attacks on her have not stop there. they become more personal. they cannot attack her own substance she is so qualified, so they engage in malicious character assassination and innuendo without offering evidence. in this entire process from day one, she has been transparent. she has gone to

the federal reserve is just days away from its 1st expected interest rate hikes in 2018. but as the fed begins to move away from the easy money policies is that it has had in place for nearly 2 years now. it remains to be seen if and how the latest your political tensions could have an impact. for example, a top strategist from credit suisse is now comparing the current situation to the 2008 lehman brothers. crisis warning that excluding certain russian banks from swift will lead to miss payments, which will be similar to layman's ability to make payments due to its clearing banks unwillingness to sun payments on his behalf. he went on to say, quote, history does not repeat itself, but it rhymes. so to go further and just on the spring and jeffrey tucker, president of the brownstone institute, jeffrey, it's great to have you on the show today. now, what do you make of that comparison? there that excluding certain russian banks from swift could lead to action on a federal level, specifically from the federal reserve. what seemed a little bit implausible, at 1st, on the, on

reporter: president biden's chairman for federal reserve is causing some senate republicans to have reservations her particularly some of her past comments where she made the case the federal reserve does have a role in helping to combat climate change. she had to defend a "new york times" op-ed she wrote last april criticized fed using covers to give oil and relief to the to the oil and gas industry. >> fed should not pick winners and losers. >> except oil and gas, you said they should be allowed to go broke. >> the fed should not pick any sector at all? >> why did you say it. >> the fed is not in the business of choosing winners and losers? >> so you disagree with the editorial? >> the editorial was one that i wrote and i wrote it in the context of the federal reserves emergency lending facilities. >> you said. you ought to own it, okay? you ought to own it. reporter: senate democrats did come to raskin's defense today by downplaying amount of power she would have if confirmed saying a single member of the federal reserve cannot effective weaponize it against one industry but raskin did admit

she has been the representative from the federal reserve bank of richmond's fifth federal reserve district. she cares deeply and as you indicated in your opening statement. about working families, she is ready to roll up the leaves and take on the challenging and the challenges our country faces. i think part of the issue with that is what happened during last year of the trump administration. when we got hit with covid, and that administration if had they responded quicker we might not be in as the same position as we would be. and she worked closely with secretary mnuchin, and in many ways she prevented what would've been an economic catastrophe. so i look forward to supporting her. and i would say to my good friend from louisiana, that when we were passing unprecedented amounts of money to put that capital into americans families pockets. i don't hear anybody complain about inflation? the first three trillion dollars, 2.2 trillion dollars. nothing. next couple trillion you know okay senator give us credit on that. with the vast majority on both teams. they said that was the right thing

fischbach: i reserve. the speaker pro tempore: the gentlewoman reserves.oman from north carolina is recognized. mitts ross -- ms. ross: i yield three minutes to the the gentlewoman from connecticut, the distinguished chairwoman of the committee on appropriations, ms. delauro. the speaker pro tempore: the gentlewoman is recognized. ms. delauro: thank you. the america competes act is a historic package. it makes strategic investments to strengthen supply chains, protect our national security, and bolster our economic competitiveness. it gives us the tools to fight for jobs here at home, protect our critical supply chains, while addressing key trade challenges that we face. it recognizes the need to bring back american manufacturing, fights for good-paying jobs that cannot be outsourced. it appropriates bills for critically needed semiconductors and billions for supply chains doubling down on our commitment for american made innovation to prevent future shortages and disruptions. we need to be a nation once again that builds and not a nation that just consume

the speaker pro tempore: does the gentleman reserve or yield back? mr. buck: reserve. the speaker pro tempore: the gentleman from new york. for what purpose does the gentleman from new york rise? mr. nadler: i claim time in opposition to the amendment although i am not opposed. the speaker pro tempore: the gentleman is recognized. mr. nadler: i yield myself 45 seconds. i rise in support of the amendment offered by the gentleman from colorado. the ranking member of the subcommittee in antitrust and administrative law. this amendment clarifies that h. r. 4445 does not amend current law. it reflects the bipartisan input of several of my colleagues including the bill's sponsor. this will amendment would protect the rights of victims to relate to the conduct under applicable law and makes clear that anything relating to sexual assault is covered by this bill. this would include retaliation or any others misconduct that alleges a violation of these laws and important. i urge my colleagues to support this amendment and i reserve. the speaker pro tempore: the gentleman from co

couple that with the supply chain crisis and the fact the federal reserve now it looks and poised toessive approach they laid out earlier in this year of multiple interest rate hikes. it looks like they are going to create almost a perfect storm. we are going to have high inflation and we are going to have mop up around the system by their action going to start tidying, i think, intimate weakening economy going forward. it could be the federal reserve, with their action although necessary they are going to actually perhaps put us on a path to a recession. gerry: vivek come as monica said the fell reserves plummeted from saying it's from transitory just a few months ago to now being aggressive and were going to see several rate increases this year. think i'm right in saying in history don't think there is been a time when the federal reserve is ready to cool inflation that killing off the expansion that takes the economy into recession. do you think can do at this time? >> it's worth remember in history, gerry at least in the early 80s it was against the backdrop of the regulation. it

it certainly seems like a reserve is going nowhere fast. but you know, when it comes to the officials who are involved, i know you mentioned politicians and of course they want things to look good on their record for their time and office. they want to make it look like they made a difference or they improved the american people's lives, at least as much as they want to tell you that they are doing well when it comes to the federal reserve. and more specifically, j. powell. how do you see his legacy playing out and who is he serving right now? i mean, does it all come back to the stock market? well, i think he serves biden. i think it seems like these fed chairman always work for the incumbent. and not, not only the incumbent president but the whole administration, they try to help reelect whoever's there. and i think they also have a desire to be popular. they just don't want anything bad happening on their watch . and they're not thinking about the long term help of the economy. they're acting in the, in the short interest is very politic

she's been the representative from the federal reserve bank of richmond fifth federal reserve district. she cares about working families and ready to roll up her sleeve to take on the challenges that our economy faces. i think a prime example of that is what happened during the last year of trump administration when we got hit with covid and candidly if that administration responded quicker, we might not be in as deep a whole as we were. i think in many ways, prevented what would have been an economic catastrophe. i look forward to supporting her. i would say to my good friend from louisiana, that when we were passing unprecedented amounts of money to put that capital into american families pockets, i didn't hear anybody complain about inflation. i think the first three tral dollars, i think next tral -- i'll give senator kennedy on that. the vast majority of us on both teams said that was the right thing to do. i think history will treat it as the right thing to do. i hope the fed moves aggressively on dealing with what it can do on monetary policy. i would say and i wish we had all b

federal reserve bank in new york. hill. ask a judge for permission to put half of that into a trust fund for humanitarian relief in afghanistan. the other half will be used to compensate the families of $911.00 victims. some economists say the plan will do more harm than good. they argue it strips afghanistan of resources that could be used to stabilize its economy. all right, joining me now are our guests in falls church. virginia is david sidney, senior associate for the center for strategic and international studies. david is a former us deputy assistant secretary of defense for afghanistan in cobble is pauline ballman, afghanistan, country director for the norwegian refugee council. and in milan is harun where he, me, assistant professor of law at the american university of afghanistan. a warm welcome to you all and thanks so much for joining us on the program today. harun let me star with you. i saw your twitter feed after this news was announced about these i could have order. and one of the things you wrote, you said

the oo spend nature reserve is helping wildlife thrive. as chris hudson puts it, give nature a chance, and it will return a great example of how to let nature reclaim territory. most of the time we use nature well on benefits to grow crops for food. but climate change has made that more complicated as the wind grows in italy, how formed the grip lines are suffering from drought streets which often results in crop failure. now, one family near naples is seeking to counteract the problem by returning to traditional wine growing methods. everything's done painstakingly by hand in the pomp of families vineyard that includes harvesting the grapes, but the yield isn't as good as in the past. temperatures are rising here in this region, north of naples, and there's no indication that conditions will improve in the coming years or in distress. see that he should the youth to me then heat and dryness of the past few years. it was in the vines and wrong normal stress. she cl almost to the lobby on they can dry air and you thought she sac or did you

those are state reserves. gold reserves. it doesn't hurt that much now. ah, what is probably painful. our personal sanctions. i guess children are some of the closest collaborators that is a symbolic guy, but that, that i think shows an intent on the part of washington to take it for them. that me raise some red red flags in moscow. although i think that we don't know everything that was in the head of one man like me to put an end, we don't know what he think constantine. thank you. that was constantine. exit. are russia affairs analyst in bill? yes. well in ukraine, the president of a lot of me at zalinski has called up some of the country's military reservists, but he says there is no need so far for a full mobilization of all quarters of a mill or quarter of a 1000000 troops in the capital kia residents are unsure what to expect. for now, it's still life as normal, but people in ukraine's capital key if i starting to worry, they could wake up one day soon to a war on their doorstep. so we're living in a hard time for your brain and a lot of people are

and they go on to actually say it undermines the role of the us dollar as reserve currency. right. i was pretty shocked by this. really. i mean, i knew the dollar was vulnerable and i knew the dollar was in trouble, but i didn't know the us dollar was in this one struggle that country like salvatore. as you point out, it's a $3540000000000.00 economy by them making big claim legal tender. what the senators are suggesting is that it threatens the entire us world reserve currency, the dollar, the us dollar gemini, and that can only be true if the united states dollar and it's satellite client states around the world are engaged in the massive pansies game like burning off so i, i can understand why anyone reading that wouldn't want to just go all in a big coin because as the dollars now they've shown their hand, it will with that question now collapse and big coin is paul tutor jones is said is the fastest source in the race, i can't imagine anyone holding dollars at this point, it's absolutely untenable. you must be insane. the whole dollars, you know, in terms of the us dollar rese