russell: yeah, it's not just a boom, it's a frenzy.any space economy anywhere in the world. michael: in june, they launched the latest of their so-called cube satellites. russell: we can fly these small space missions to demonstrate the art of the possible. that's what we're doing in collaboration with the air force. that's what we seek to do for government, for industry partners. our vision is to be a significant contributor to this development of networked, intligent, constellation capabilities. and every mission that we fly is a step towards that. michael: satellite tecology is evolving fast, and australian scientists are at the forefront of the new developments that will deliver a huge array of applications. sarah: and when you think about the first satellites and the size that they needed to be in order to be able to get these sorts of images of the earth, now this is really a whole new world that we're in with these cube sats, very small satellites, very miniaturized and of course, you know, cheaper and quicker to get up. but it

looking at the russell 2000 it is underperforming dramatically the s&p. >> yeah. the russell 2000 actually if you take out the net negative earnings 37% it is 25 pe nasdaq is 26 you have to be an item selector the way we are with strong companies with rising earnings at low pes and viewership, don't buy etfs on the nasdaq or s&p. the top ten stocks in the s&p are almost 30% weighting and the top 5 in the nasdaq of 40% weighting. actually out of the top 25 in the s&p, you have 11 of them have a 25 multiple interest rates going up don't expect expansion on this market. >> scott, within the s&p 500 you see 9% earnings growth this year but the multiple for the group is stretch trade off that for us. does the multiple need to come down 9%? >> no. you have to look at it in interest rates forward earnings of $220 so you can't look at itin a vacuum the pe is 16 or 17 times earnings but we didn't have nominal rates of 1.75% but 3 and 4% bonds are a terrible place to be because interest rates probably back up to 2.5% during calendar 2022 but i think you have to be extremely

the russell 2000 may be an indication for the broader market we will see if that happens.alk more about this with emily bowersock hill.emily let's talk about the small caps. >> i think it is tremendous important. you know, frankly, can you hear me okay? i may have internet issues >> we got you, emily great. >> okay. the russell has struggled through 2021 i don't think it is terribly surprising to see them bleeding the correction and going into bear market or close to a bear market over 40% of the nasdaq is, you know, down 50% of course, you know, most people have an allocation to small caps in the portfolio retail investors have a larger percentage than the typical investor and institutional investor that will have an impact >> if you look at the small cap picture, has it gotten to a point where it is compelling or still too many clouds with regard to covid and variants and impacts and rising interest rates for you to feel comfortable in the small midcap side of the market emily bowersock hill, are you there? i think we lost her. >>> if you look at what is happening with t

cap wiped out in 1 day bitcoin just didn't work as an inflation hit and nooerter are the small caps russell 2000 down from the 20% that's the defer in addition of a bare market and starting to feel like one. kelly? >> hi, everybody thank you. let's s.t.atart with the dow. we were down nearly 1100 and more than cut that in half down 463 the last hour this month is worst since 1987 keep this in mind. it is only 2 p.m go back for the nasdaq to october 2008 for the last month this bad the height of the pandemic, the housing crisis these are the analogies that we talk about for the nasdaq's 15% drop this month. krip town down 5%. we have staged a comeback. bitcoin positive by almost 3%. technology is the worst performing group in the market the chips are getting especially hammered today and this year nvidia down 25% from the highs down 4.5% at the moment. >> of course so many worries, chief among them the fed, fear going too fast with heeks and removing stimulus and also in the middle of earnings season. worries those results don't live up to the hype the reports have not been interpreted favor

russell and erica, thank you, enjoy the rest of your wednesday.er to you. >> kennedy: todd, good conversation, thank you. it is 55 minutes after the hour. we still have a very big show ahead on "fox and friends first." sean duffy, joe concha and michael waltz all on deck. don't go anywhere, we're coming right back. ♪ these folks don't have time to go to the post office they use stamps.com all the services of the post office only cheaper get a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again. >> todd: we begin with a fox news alert and it is sad state of affairs. chicago public schools cancel class today, teachers refuse to show up for work in person. you are watching "fox and friends first," i'm todd piro. i'm kevin corke. whopping 73% of the teachers union voting to switch to remote learning late last night. this is happening despite countless pleas from parents and push from city leaders to keep educators in the classroom. >> we will not stand

and briefly, russell and mr. kyle just reviewed is a very, very diversified exposure across many, many different asset classes that use the underlying funds in the plan as well as additional asset classes for various different exposures and risks that the capital markets experience on a daily basis. so i think a lot of thought went into not just the return that we're trying to seek but importantly t risk profile particularly those near or at retirement when your balance is the largest and managing those trade-offs in a very thoughtful manner. so it's very much in other target date managers and asset al kayer tos do and very diversified nature -- and a very diversified nature in the capital preservation category and the allocations are so much that de-risk as that participant gets near or at retirement. that is really part of the target date solutions. >> thank you very much. chris, you can continue please. >> yeah. that was everything that i had commented for that presentation. >> diane, do you have anything furt

the russel 2000 in a bear market which means it has tumbled 20% from its early november record. it has tried to make a run at the flat line and slightly into the green, what we're going to do is have a live report from ki ev, ukraine shortly. we'll get the very latest from the fox news reporter whose on the ground there. we need to tell you this , january is on pace to be the ten th worst month ever for the nasdaq. this ahead of big name tech earnings this week, so with wall street's fear gauge blaring alarms, look at the cboe volatility index hitting its highest level you have to go back to october of 2020 to see that. it surpassed the 38 level at intraday highs we're at 32.79 at the moment still up about 13.6% as investors brace for the fed to tighten monetary policy, so, we got the high stakes earnings from the likes of as we mentioned tesla and apple, but also intel, microsoft, and the first fed policy meeting of the year which wraps up wednesday, while no action is expected at this meeting, chairman jay powell and his cohorts are in a very tight spot , especially shoved clo

you also see the russell 2000 hitting the 100 week moving average. the rsi momentum indicator towards the bottom, it is unclear whether it is going to be like 2020, where it is just below, or like 2021, where it is bopping around. the big reason why, of course, is all about a repricing of risk. we take a look at the bloomberg terminal, keeping it simple with yields, last week we talked about how it seems likely that in your yield could go up to 2.2 5%. this long-term chart of the 10 year yield really supports keeping it very simple. we have this yield going down, but above the creek level. it points to 2.5%, suggesting that maybe the yield curve is going to steepen just a little bit if the two-year yield comes up less, which there is reason to think that might be the case. guy: such a whippy, hard to figure out market right now. so money cross trends. abigail doolittle bringing them together quite nicely. thank you very much, indeed. one of the other things we need to factor in is what is happening with the earnings story. the earnings matter in an e

plus stephen welcomes liev schreiber, and musical guest allison russell, featuring jon batiste and "stay human." and, now, live on tape from the ed sullivan theater in new york city, it's stephen colbert! ( cheers and applause ) ( band playing ) >> stephen: hey! beautiful! hey, baby! i didn't expect to see you here tonight! now it's a party! now it's a party! there you go! hello, my friends! ( cheers and applause ) come on! three shows! ( audience chanting stephen ) >> stephen: thank you. ( piano riff ) i mean, come on, i've got to say, i love running out to a crowd like this, i could do it all night long. >> jon: yeah, yeah, yeah, yeah. >> stephen: welcome. welcome, my friends. ( cheers and applause ) >> jon: triple double. >> stephen: welcome to "the late show." i'm your host stephen colbert, and, folks -- ( cheering ) >> stephen: -- you lucky people are here on an historic evening because a year after the january 6th insurrection, the feds are dishing out serious consequences because today an oath keeper leader and ten others were charged with seditious conspiracy related to the capit

no. russell stover didn't pay me to say that. of course, it is a good thing for the incarcerated to receive help finding work when they leave prison. but their pay and working conditions should be the same as everyone else's . the real motivation behind these programs is an altruism, for capitalists, the point is to drive down wages overall by forcing workers to compete with literal slave what i mean. prison labor. just something to think about when you're eating russell, still, that 30 energy companies are using the energy charter treaty to su, countries for future earnings and obscure clause that allows companies to see when a country harm stir investment. it was meant to secure richer nations foreign investments in developing countries with unreliable legal systems. and we governments like the u. s. what the canadian company t c. energy is suing the american government for $15000000000.00 in los profits after the byte in administration. cancel the very unpopular project, the keystone ex l pipeline. hey, this treaty was designe

katie: the russell 2000 does show signs of downside exhaustion.e it a chance and give the major indices a chance to rebound. not to say they will actually avoid those breakdowns, but perhaps they will lend themselves to better selling opportunities. the russell 2000 is around 2085. it does look like it is in jeopardy from a momentum perspective. we have already seen on the russell 2000 index a loss of long-term momentum reflected by the monthly indicator, very popular technical tool, and it is the first signal we have had in more than a year. it is something that we are paying attention to. we do not want to see this carried over to the large cap indices and that is something we would suggest we are entering into more of a trading range environment for this year. that could be nine to 12 months duration. guy: what are using when it comes to yields? katie: yields are through rt resistant level. we have been watching 1.79%. it is based in part on the fibonacci retracement level of 50% of the previous downdraft. the key level is the 10 year treasury

russell trott, bbc news.ca's president leads funeral tributes to archbishop desmond tutu, calling him the nation's moral compass. coronavirus is still causing major disruption for travellers worldwide. thousands more flights have had to be cancelled. more now on the passing of archbishop desmond tutu, and, as we've heard, he requested a basic wooden coffin and for his body to be aquamated. it's not a term that many of us are familiar with, so what is aquamation? earlier i asked christopher taktak, the founder of doola, america's first direct to consumer aquamation service to explain the process. aquamation is scientifically known as alkaline hydrolysis. it's the most eco—friendly and gentle way to dispose of a human body. effectively, it uses water instead of fire to cremate a body's soft tissue and we use the bones afterwards to, you know, produce ashes that become a take—home result forfamilies and loved ones — that's — that's the simplest, you know, description i could possibly give. more scientifically, y

the russell 2000 and though small caps are under pressure.omaine: do we need pristine balance sheets in this environment? even if they do tighten at the aggressive pace some people are pricing into the market, it leaves us at 2% at worst. nir: i don't know if it is so much about balance sheets. that is always a factor but i think it's about profitability. now when you look at they small caps space, there is a lot of junk in there and not just in large caps. there is a huge difference and a lot of companies particularly in the small growth area, if you look at them from a quality perspective, a balance sheet to a lesser extent, profitability to a greater one, i can imagine a scenario where you get a valuation type connection that knocks out growth across the board. when you look at the most expensive corners of the global stock market, what you notice is that it is growth and quality. it is large, mid and small. if i don't think small growth is going to be spared if this is a real correction. taylor: a few days does not a trend make. maybe thr

thanks very much, russell.grade — what's been the reaction there? as you can imagine, there is a lot of support for novak djokovic here. his family have been holding support rallies outside the national assembly every day. they say they've had a lot of support from the government. they are planning to keep holding their support rallies. they will be there this afternoon and will keep on going until novak djokovic is out of that quarantine hotel in melbourne. i think there has been a lot of sympathy because it is orthodox christmas week here in serbia, so the idea of the world number one tennis star from serbia spending time away from his family has elicited a lot of sympathy. that's even come down to the head of the orthodox church here who says millions will be remembering novak djokovic in their prayers and will be hoping for a legal deliverance so their man can get back onto the kind of court where he usually does such devastating things.— devastating things. thanks very much. (pres). police in pakistan say

the dow, russell doing very well. nasdaq getting hammered.tchers helping us with ideas. stay there. my daughter has type 2 diabetes and lately i've seen this change in her. once-weekly trulicity is proven to help lower a1c. it lowers blood sugar from the first dose. and you could lose up to ten pounds. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, changes in vision, or diabetic retinopathy. serious side effects may include pancreatitis. taking trulicity with sulfonylurea or insulin raises low blood sugar risk. side effects include nausea, vomiting, and diarrhea, which can lead to dehydration and may worsen kidney problems. ask your doctor about once-weekly trulicity. your record label is taking

thank you, russell.gainst manchester united. what a start to villa life for phillipe countinho... ..scoring the equaliser moments after coming off the bench for his first appearance. his former team—mate and now manager steven gerrard was happy anyway. it is a good start. phil's not part of liverpool any more, i'm not, it's all about aston villa now and we've brought a quality footballer to the club. we need to get him up to speed in terms of his match sharpness but he showed great bravery. he could have been worried about the post or the collision there. he's quality, he can score goals, he can create goals and he's lifted everyone since his arrival. and there's increasing speculation that everton manager rafa benitez may be on the verge of leaving the club after his side suffered another embarrassing defeat. they were beaten 2—1 at norwich — their ninth defeat in 12 premier league games. and that is all the talk on the back pages today. just before i go, we do have the masters snooker final today on bb

sharp correction is to have that reverse the entire thing and then actually close up, i think the russell 2000, if anything, that was even more remarkable considering how far it was from its highs in november at its lows today it was greater than 20% to close up a couple percent. if you look at the s&p and the nasdaq, they couldn't get all the way back up to up a percent or two i have a headache, a screaming headache, if you were to ask me if the glass is half full, i hope it's half full because i need to take some advil here this is one of those sorts of days where you don't want to take too much from the price action because we're going to get some follow through tomorrow the things that rallied the hardest are likely to continue to rally a little bit, and to tim's point about the fed, i think that's important, but we're going to go through this huge period between the end of january into february, and we're not going to have a fed meeting until early march. by then, we're going to have the taper kind of done with. and so really, it comes down to growth and that's why your question abou

russell, it's good to see you. let me start with something that you recently wrote in your most recent pete's. you explore some alternative path that biden could've taken on the voting rights. he said none of them would've been easier, in fact more successful. why do you believe this latest failure was predestined? and does that mean that if the easiest path has been shut down, all the others are unlikely to pass? well, simply put, the democrats and president biden have the power to set the agenda in washington. but they don't have the votes to pass it. they have the majority. a very slim majority in the senate. 50 votes, plus the tie breaking vote of kamala harris. but that is not enough. it's really never been enough in modern history to pass big legislation. especially, as you saw in the vote, you know, it starkly revealed this week that they tried to get the filibuster. and they got exactly what everybody needed that they would get. which was 48 votes, the maximum number of votes that the ever had to change the

, a partner at goldstein and russell, who clerked for justice breyer and regularly argues before the court. good morning to you both. so great to have you. john, i want to start with you, the official line from the white house is that it is up to a justice to decide when to step down, but this in reality may be the president's only chance for a supreme court nominee. he needed this badly. >> look, this is something that is welcome to the white house, as justice breyer told our colleague joan bescoupic last year, he doesn't live on pluto. he understands the political process, he was getting a lot of heat, nobody wanted to repeat on the democratic side what happened with ruth bader ginsburg, who decided to stay, even though she was quite elderly. and ended up passing away during donald trump's term and as you just heard, in four weeks they -- republicans pushed through amy coney barrett, tilted court from 5-4 conservative court to a 6-3 conservative court. justice breyer is making sure, he's 83 years old, in good health, but you never know what's going to happen. he's now making sure t

take a look at the small caps or microcap stocks as well as the eq equal weighted russell 1,000 this basically shows you they both have gone back to a year ago. they have sort of wiped away whatever upside they had in 2021 still above the panic lows in 2020, but it does show you that they're actually outperforming on the day in fact, the russell 2000 was also positive for a little while, so maybe a little bit of a short covering, which is the way the snap back rallies start. it doesn't always turn into a great recovery, but that's how they start short covering and the idea they have taken their punishment, where a lot of big stocks, for example, microsoft at its lows today was down 21% from its highs but it barely made a dent in its 2021 gains. now, take a look, too, as a two-year look of netflix versus disney this is a great parallel two-year charts are taking you right to the market peak before covid hit. disney had been struggling and rolling over for a while now, basically, more of them more or less flat for two years. in fact, dizmy might be that kind of name where you say it's

amc second biggest holding in russell 2000 last time i looked. it is also just unprofitable companies. just those that's not profitable and bettea everyone says fed starting to get ready to tighten past the peak of economic growth has a binge on ipos and time to migrate to quality and at the expense of the russell 2000. i will have a look at how small caps are set up with earnings and not the russell 2000 but a casualties of this environment. >> you both push the russell into the red there, mike. >> like did. >> close to the session lows for the dow and s&p up .2% seeing more of mike in a moment why china stocks bumped today. chinese tech stocks have a good start to the year. all in the green so far and outperforming the faang names. joining us is mark mobius. good to see you. >> thank you. >> let's touch on this rate cut that we have seen in china is that expected or a surprising potential sign of weakness in their economy? >> no. it was expected because it's clear the chinese economy is not doing well china has underperformed around the world.

jonathan: what did russell crowe say, "are you not entertained?" can you do the accent?can -- i bet tom can. futures down seven on the s&p, negative a little more than 0.1%. this morning, it is quiet. this month, anything but. tom: russell crowe celebrating ash party winning the australian open, no doubt. what i love

tom: russell crowe celebrating ash party winning the australian open, no doubt.hat i love here is the battle you have outlined, the parlor game of rate increases and all of that devolving back to economic growth. how do we know? we are going to be friday or next monday with a lot more data under our belt. jonathan: we are expecting it to be softer and payrolls. you may even have a negative number. will that change the rate hike conversation in any way? tom: it is going to be asterisked by omicron, no doubt about it. you see 2% gdp maybe something for q1. how do we frame the second quarter gdp? maybe we begin to see that exact one week from now. jonathan: the new consensus on the street becomes five hikes. lisa: really, the question is, is this as good as it gets? at a certain point, are we going to get better growth ahead than we have seen over the past decade, or is this the peak, and is the inflation going to decelerate growth anywhere that could potentially be problematic ? that i think is what you're seeing suggestions of in the yield curve. jonathan: that is

some collusion she meant to do, why 3 made this meeting nato russell's and always the meeting. so please re meetings and upper them. if you will interest with it, you must read the numbers and what the next one we want kind of elaborate and we have a lot and we will do next because i think the only thing i would like to say we have come to geneva to avoid as much as that would have been tuition and we've got a lot of efforts to explain our american counterparts. wind playing with fire, which is not in their interest. well lady why the potential orange? absolutely. it's just the final questions on our side, about the police, you possibly need that? we can't get one machine like it was going beyond the recent case. we need reading go containers. mostly all, you'll see your map freaks of the framework of power relations over do made. so we try to equally formulate your reasoning as and politically at all levels and dimension in publicly and behind closed doors. and he talked about it when line and last year in the conference, our foreign minister talked about a number of a visual

that would be a restraint. >> reporter: russell says the ordinance is imperfect and needs tweaking, but it will likely survive. >> i think those are favorable to the law. i think that some substantial way, this law will probably stand up. >> reporter: merl accardo, joined by pro bono lawyers said the law has been studied and refined for two years. >> the ordinance is lawful, legitimate, and will withstand legal scrutiny. >> i am confident that we will emerge from this litigation. with an ordinance that survives constitutional scrutiny. >> reporter: in san jose, kiet do, kpix 5. >>> a strange case early this morning in san jose. police investigating a triple stabbing, where a suspect was later hit and killed by a truck. san jose police say the stabbing happened on home at tehama abbott avenue. three victims were taken to a hospital. as police were in to getting that stabbing, they were called to a pedestrian struck and killed on highway 85. police were quickly able to link cases. >>> a deputy with the santa clarita santa clara county sheriff department found the suspect vehicle. the vehi

russell trott, bbc news.president biden's vaccinate—or—test mandate for large businesses. opponents say he does not have the authority to impose the rule without going through congress. backers say it will save lives. judgement is not expected for several days. us presidentjoe biden and first ladyjill biden have been visiting fire—damaged areas in colorado. they toured a residential neighbourhood in lousiville which had been largely destroyed by flames at the end of last year. the fire was driven by heavy winds on thursday 30 december. nearly 1,000 homes were lost and thousands of acres were scorched in a matter of hours. nearly 10,000 people were forced to leave their homes. mr biden said it should serve as a warning. the situation is a blinking code red for our nation. because the combination of extreme drought, the driest period from june to december ever recorded — ever recorded — unusually high winds, no snow on the ground to start, created a tinderbox. a literal tinderbox. and even though it was not you

we ran a screen, a very basic screen, we took a look at the russell 3,000, 3,000 largest public traded company and we searched for any tocks down 50% from their highs and also sell for less than 50 times earnings. down 50, less than 50. and in other b words, stocks got cheaper as they went lower within the russell 3000, there were stocks large enough for us to talk about on air within that group, more thane 81% were down 10% from the 52-week highs as of last night's close and half were down 20% and that is bear market and a third were down 30%, still not low enough for us. over a fifth of them were down 40%. that is some severe widespread damage but we wanted stocks that are down at least 50%. and of the 2436 names in the russell 3000, 360 of them were down 50% or more from highs as of last night. that is almost 15% of the total. think about how concentrated the losses are for the second screen, how many of these down 50% sell for less than 50 times earnings, well okay, five of these didn't have any consensus earnings so we don't know for 2022. so now we're down to 355 within that grou

the russell 2000 and a bear market. doolittle is looking at the movers about an hour into trading. abigail: there's lots of components for the nasdaq 100, that big tech index, already in a bear market, such as netflix, amazon, and so forth. we have pretty deep declines for the s&p 500 and the nasdaq. at the lows, closer to down 3%. the last time i looked, the s&p 500, the worst day since february 2021. the nasdaq 100, the worst day since september 2020. the worst five days for both of these indexes since march 2020. that is the kind of selling we are seeing. you can see that some of the china tech stocks are really down sharply, down 5.7% earlier this year. we have the banks down 2.7%, so there is nowhere to hide, nor is small-cap offering a hiding spot for investors. really just throwing out perhaps the baby with the bathwater. let's take a look at what is going on beneath the surface. for the s&p 500 and the nasdaq, netflix moment to go down more than 10%. this stock basely half -- basically halved from its november p

austin russell wants to prove lasers are the key. they've got a deal with volvo. use indycars here at ces to prove it. he's live with us next in a fox business exclusive. don't go away. ♪ ♪ ♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. whether you've enjoyed the legendary terrain in telluride, the unparalleled landscape of park city or the famed peaks of whistler, you face the hassle of lugging your gear through the airport. with ship skis, you're just a few clicks away from having your skis, snowboard and luggage shipped from your doorstep to your destination. with unrivaled pricing, real time tracking, ship skis delivers hassle-free. ship ahead and go catch those first tracks on fresh snow. when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're look

so we're gonna set free . russell will get to do p o. the question. now when will this stop? it's a well funded protest raising more than $8000000.00 on go fun me. meaning this may be the sound of the city for a while to come. medical haine, al jazeera. ah . this is al jazeera, these are the top stories. north korea has testified. what's all to me? it's longest range missile since 20. 17 sundays launch was young eggs 7th this month the u. s. and japan say north korea has violated un resolutions.

russell trott, bbc news.e awaits a decision on his deportation from australia. the world number one men's tennis player remains in immigration detention in melbourne ahead of the australian open after being denied entry to the country on wednesday. government officials say he isn't being held captive and is free to leave any time. shaimaa khalil reports from melbourne. this is the immigration detention hotel where novak djokovic is being kept. adnan choopani has been here for five months now after being moved from another facility. i live in level two and djokovic lives in level one. that is the food we've been served every day in containers. we found a maggot and mould on the bread and we've been reporting it but unfortunately, there has no action been taken. outside the hotel, there was dancing and music, but also anger and frustration among novak djokovic's supporters. it's unclear if the tennis star will remain here until monday, when his legal team will challenge the cancellation of his visa. novak djoko

do i think the russell has seen the low of the year? no, i do not do i think the companies that were profitable have seen the low of the year? no, i do not do i think on monday you had a tremendous opportunity to buy stocks that will experience the v recovery without question and those names are the, nvidias, adobe and ban of america or berkshire hathaway how about lockheed martin or northrop grumman you can look at j&j, or merck. those are the type of companies they think you want to own right now. i think what a balance sheet looks like is finally going to matter in this market for the first time in the last three years. >> it brings me to sarat on the question of the moment as to what you think about where we are right now. are we in a daniel jones markets, sarat we have a couple of good games, right? a couple of days when we did up a lot and we start fumbling the ball the minute we get touched and turning the ball over and we turn around some of the mistakes and we're reliable again, what do you think >> i think joe is absolutely ri

russell trott, bbc news.continuing its military build—up near ukraine, posing a real risk of a new armed conflict in europe. mr stoltenberg repeated that nato remains ready to talk to russia, but warned the allies would impose a heavy price for any further russian aggression. india has imposed a lockdown in delhi this weekend, to try to slow the spread of coronavirus. restaurants, markets and most shops will be closed until monday morning, with people only allowed to leave their homes for essential trips. austria's chancellor karl nehammer has tested positive for coronavirus. the a9—year—old, who took over as chancellor a month ago, is in self—isolation, and says he isn't showing any symptoms. he's issued a statement saying "there is no need to worry, i am fine and doing well." the us supreme court has begun hearing arguments about the legality of president biden�*s vaccinate or test mandate for large businesses. opponents say he doesn't have the authority to oppose the rule without going through congress. ba

some haven't seen that as black mel trying to get negotiations, but others in russell feel that finally were being heard. so it remains to be seen . but the other issue is that is putting miscalculating because in many respects he is creating a backlash. we've seen sweden and finland signal that they were instead of leaving nato, that right now that they're considering joining nato. so instead of decreasing the size of country, the amount of countries in nato put in inadvertently is actually increased perhaps could be increasing the size of nato puzzle. falcon. how in moscow is there a chance that perhaps the feeling in the kremlin, i. e, mister putin settled position on this is, why should nato be allowed to cherry pick from our list of demands? well, that is the official position that russia has been telling before these meetings during these meetings. and also i agree after the meetings that the russian demands should be accepted or else. so now we're most likely moving into the or else the time frame. of course, today there's a meeting in the end now as see discussing the same thing

russell fully reporting from melbourne. you're watching bbc news. the headlines on bbc news...aller mason greenwood has been arrested on suspicion of rape and assault following allegations on social media. hundreds more british troops could be sent to eastern europe amid fears russia is preparing to invade ukraine. rafael nadal claims a record 21st grand slam men's tennis title with his victory in the australian open final. borisjohnson and the chancellor, rishi sunak, have confirmed that the rise in national insurance, will go ahead in april. 0pposition parties and some tory backbenchers, are urging the prime minister not to impliment the rise, which they say will hit already struggling families. it comes as borisjohnson is under pressure ahead of the report, into claims of parties in downing street during lockdown. here's our political correspondent, jonathan blake. borisjohnson and rishi sunak together in happier times. recently, there has been tension over a planned rise in national insurance, with claims that borisjohnson might have second thoughts. but writing jointly in

that, for those of us who are in cars right now listening on xm channel 113 dow is now up 173, the russel is having a great day up one full percentage point, we've got the nasdaq up one and a third percent but this leads to this question. how aggressive, randy, will the fed be and is there a correlation between unwinding the balance sheet and the number of interest rate increases this year, meaning, could you say that each, say for example, $250 billion chunk of balance sheet reduction is worth one rate increase? >> well, people have estimates that are all over the board on that. i think what they are going to try to do is stop increasing the size of the balance sheet, that's the taper and then start raising rates. they might slowly unwind the balance sheet also, but i think they are going to be more pivoting to the rate increases, but it's inflation persists and i think it's very likely to persist and jay i think made it pretty clear that well we're not so sure, but we think there's a pretty high probability of that, that they may do both as the year goes on, and obviously, there's some

russell trott, bbc news.llow of the russia and eurasia programme at chatham house. i started by asking her whether it is unusual for russia to be invited in to react to these protests. there have been several occasions in the past decade where member states of the collective security organisation, security treaty organisation, which is led by russia, have requested assistance, and russia has categorically refused. according to its charter, there must be some sort of foreign intrusion in order to justify the sending of troops. therefore it has played into russia's hands, the statements by president kassym—jomart tokayev that indeed these protests were the work of foreign trained terrorists and bandits and so russia has sent troops with great alacrity to its southern neighbour. what does this development mean for russia's position? 0n the one hand, russia was undoubtedly alarmed by this unprecedented violence in such an important ally. don't forget, it shares a 7,500 kilometre border with kazakhstan. don't forg

well, i think obviously russel feels very much betrayed from all the broken promises that nato would not expand. and again, it has been well documented. however, i think that the, some of the terminology is quite misleading for some idea that natal continues to just across wants to reassert its real plans, influence insurance and exclusive. so on the influence. however, if you look in places like ukraine, keep in mind that ukraine and russia proposed to the 2013 that let's find a common try natural solution. ukraine so divided, it will make it choose between east or west. breaking the civil war. you have luckily know, and then supported the could there. and so again, and russia has no possibility, any illusions about having exclusive influence in, in the ukraine. what they're trying to prevent is nato from asserting. it's their influence in ukraine. so russia actually redefined, want to previously called in serious influences, not referring to stairs of interest. if nato is going to start operating on russian borders, it has to recognize that it also has secured the interest there. s

russell trott, bbc news. this is bbc news. president leads funeral tributes to archbishop desmond tutu, calling him the nation's "moral compass." more now on the passing of archbishop desmond tutu, and as we've heard, he requested a basic wooden coffin, and for his body to be "aquamated." it's not a term that many of us are familiar with, so what is aquamation? i've been speaking to samantha sieber. she's a biologist, and her father was one of the founders of the aquamation process. she explained how it worked. aquamation is an alternative to burial and cremation, a choice that families have. very similar end result to cremation, where the family receives an urn. anything that you can do with cremation ashes, you can do with ashes from aquamation. but aquamation does not use fire — it uses a process that is 95% water and 5% alkali to gently reduce the body to the mineral remains. the minerals are — just like, with flame cremation, that's what's returned to the family in an urn. there's no emissions, mercury isn't released into

russell trott has more. freezing conditions and a blanket of snow had helped to quell the flames. boulder county. the snow, up to ten inches in places, was initially welcome, but is now hampering relief operations. three people are still unaccounted for but rescue has now turns for but rescue has now turned to recovery in the search to find those still missing. we are calling in cadaver dogs and search teams to help us with the effort tomorrow. the structures where these folks would be are completely destroyed. they are covered with about eight inches of snow right now. the wildfire had moved quickly, fanned by high winds. it took just seconds to rip through an area the size of a football pitch, leaving a trail of destruction. entire neighbourhoods engulfed in flames, at least 1000 homes and businesses destroyed. tens of thousands of residents had no option but to flee for their lives. president biden approved a disaster declaration, freeing up federal resources. weather experts spoke of their disbelief that such a large fire could have taken hold in the depths of a cold winter. a

said that he made it very clear to president who said that in order to have further discussions with russell, one of the really important things was that moscow agreed and gave assurances that it would require requests respect a sovereignty of other states including ukraine. thanks so much. tasha about the now the russian foreign minister is repeatedly said these country will not invade. so gay laboratories once again expected to meet his us counterpart, anthony blinking in the coming weeks used to be at the you should receive. if you go, there won't be a war as far as it depends on the russian federation. we don't want to war, but we won't let our interests be rudely trampled on and ignored you that your goal is to change. possibly. the u. s. has rejected all the russian security proposals for the last 2 or 3 years. now they're putting the same things on the table. in other words, they're borrowing from recent russian initiatives. this is something, at least in the battle, russia and russia amenities will conduct joint drills. next month. russia has been deploying extra soldiers and find th

russell trott, bbc news. at the age of 94. mr obama said the star had "opened doors for a generation of actors". sidney poitier made his name in a series of ground—breaking films which challenged racial stereotypes. he was the first black man to win an oscar for best actor, and his success paved the way for generations of other black artists. our correspondent lizo mazimba looks back on the life, of a hollywood icon. # in the heat of the night... sidney poitier�*s virgil tibbs, a man of authority... i'm a police officer. ..intelligence and a steely determination never to back down — the kind of qualities that defined poitier on screen and off. he made his cinema debut playing a doctor, a man of status — something almost unheard of for black performers then. and with roles like an escaped convict in the defiant ones and a struggling husband in a raisin in the sun, he tackled prejudice head on. maybe i'll get down on my black knees. all right, mr charlie. all right, mr great white father. you just give us that

the conservator was russell lafitte. >> every penny of this money was intended for these people to be>> reporter: the president of palmetto state bank told us it permanently severed the employment of russell lafitte on january 7th. legal counsel said they are deeply concerned regarding hakeem pinkney's settlement funds and are looking into it. lafitte has not been charged with a crime and has not responded to our request for comment. murdaugh's lawyer declined to comment. >> it's the same exact pattern and scheme that we saw in the satterfield case. >> gloria satterfield was alex murdaugh's housekeeper and in 2018, murdaugh schemed to defraud her family of millions of dollars. the housekeeper died after falling down the steps at murdaugh's home. it wasn't until december that murdaugh apologized to satterfield's children and agreed to a $4.3 million judgment against him, money he kept for himself all these years. randi kaye, cnn, palm beach county, florida. >> the saga continues. we'll be right back. en't others? others say that, but not everyone gets the best deal. like what if i give