so you just understand the sdp some of them grew into the party of regions this is a very old partye regions, for example transcarpathia, were actually controlled by medvedchuk and shufrych in the form of land parcels and so on. so, we returned maksym to maksym's conversations. assets medvedchuka is in fact the new marauders of the new time of the wartime. they simply cannot correctly divide among themselves who owns all this, we are medvedchukivske, so i have a question for you about all those palaces, about all those lands that were, for example, in transcarpathia and in the carpathians of medvedchukivske, shufrychivske in that by the way, where will it go now, when the court proceedings are completed, they will be confiscated in the army, what will happen to them? let's start with the last one, with shufrych's assets. well, because this is the most recent, yes it turned out that in the spring we investigated the assets and wealth of nestor ivanovich shufrych of his family, and then in the spring we noticed that part of the assets, probably even most of the assets of nestor ivanov

if you care or concerned that wages might tip inflation higher sdp . >> that is the case over here.nteresting to compare the situation. let me ask a broader macroeconomics question. for a long time now, a year, we have been talking about the likely recession in the u.s. which hasn't transpired. many analysts are lowering the proba probability. do you see it happening? if it does, where does it stem from consumption falling or is it an investment story? >> saying it is a recession is saying it is going to rain up. it doesn't help. this is the most talked about recession in my experience, but the reality is recessions happen every four years, generally. eventually, an economy will slowdown. if it is slowing down for the united states now, it doesn't look like it is doing it in traditional ways through the labor market. with the unemployment rate at 3.8% which is not too much above historical lows. >> to round things up. adp put out a report which was interesting about promotions and retention. what were some of the main take aways with the quiet quitting and great resignation? >> this

germany , according to polls, the current government is formed from traffic lights. the coalition of the sdphe free democrats would now gain a total of only 37% of the votes, in the opposition, the conservative bloc of the cdu, csu, and the far-right party, an alternative for germany, is actively catching up with it, it already has 22%, a signal that olaf scholz clearly picks up, despite the resistance of the greens and personally of the minister of foreign affairs annalena berbak, the chancellor supported the tightening of the rules for submitting asylum to the eu, already tomorrow , which was once incompatible with european ones. the baltics are trying to please germany, unlike italy and poland; in tallinn , they prepared for the arrival of the minister of defense of the federal republic of germany, remembering how pistorius recently called kalinig könexberg, the estonian parliament's foreign affairs commission proposed to legislate this clause on map. in response, pistorius secured for the entire baltic region the status of a german protégé, more flexible than ukraine, and not yet demandi

after all, it is absolutely pro-russian and you know that, lumpend is a pacifist in the sdp, but i donurn to the territory quickly . of course, this is not completely german political stampede and far from autumn. autumn keni well, i see this because if i regularly collect 11 companies in germany for drones for the armed forces specifically for the 47th brigade and i see how many 12 simple germans are germans, that is, there are amounts sometimes in four figures, that is, people sometimes donate 1,000 or more euros, i.e. one person precisely because they are terribly angry and they are absolutely disgusted by this position of the government, but how will the history of the ukrainian issue , the history of russian aggression in ukraine affect political life in germany in the future, even now we see well, such counter-opinions, for example, the head of the bundestag defense committee, maria agne frat-zimmer, on her twitter page, accused the chancellor of the fact that he is slowing down the supply of taurus. between realists and realists, uh, between people who really understand what rus

he joined the sdp.estor ivanovich has a mobile phone with only one button for receiving calls from viktor medvedchuk in 2004 during the presidential elections. shufrych was a representative of the candidate viktor yanukovych, just then he threw himself into a cec fight with opponents from our ukraine. shufrych was twice elected to the verkhovna rada on the party's list regions twice during yanukovych's time, he was the minister of emergency situations and also held the position of deputy secretary of the national security and defense council. serhii lyovochkin a year earlier, after the meeting of the faction of the first freddy, hit yanukovych's assistant, alovichkin reminded him of this a year later, in 2005 , 18 criminal cases were instituted against nestor shufrych, but none of them went to court, he was accused of abuse of office, violation of legislation during illegal gas extraction privatization of real estate, bribery of voters, on january 16, 2014, he voted for dictatorial laws, a package of an

narratives for those who may have forgotten who shufrych is. in electoral district number 70, he joined the sdp. since then , they joked on the sidelines of the parliament that nestor ivanovich has a mobile phone with only one button for receiving calls from viktor medvedchuk in 2004, during the presidential elections, shufrych was a representative of the candidate viktor yanukovych, that's when he threw himself into a cec fight with opponents from our country. shufrych was twice elected to the verkhovna rada on the list of the party of regions , twice during yanukovych's time, he was the minister of emergency situations and also held the post of deputy secretary of the national security council in 2010 , lost the ministry of the chair for the second time due to conflicts with the then head of the presidential administration , serhiy lyovochkin, a year earlier, after the meeting of the faction of the first freddy struck right alovochkin, yanukovych's assistant, mentioned this to him a year later, in 2005, 18 criminal cases were initiated against nestor shufrych, but none of them were brought to

missiles to ukraine; the letter was signed by representatives of the free democrats from of the greens and sdp on the eve of the next meeting of the contact group, known as the rammstein format, the deputies declared the need to provide ukraine with further commitments for assistance in the fight against russia, so we understand that missiles - this extremely important and let's hope that it will be possible to put pressure on our partners, so to speak, so that they speed up the supply , on the other hand, we understand that unmanned aerial vehicles and not only them are tied to internet systems starlinkin well, in the united states, on the one hand, a storm has begun to appear information about the not too simple behavior of ilona, ​​the mask of the owner of the company spacex, which supplies ukraine, the pages, in particular, talk about the blocking of the work of his time in the crimea region of the temporarily occupied on the other side the pentagon, the congress and the senate require, so to speak, to revise the relationship with the mask a on rustle, we are in touch with the director of

what investors want to see is more progress sdp >> let me ask about the m & s leadership here.t is the lack of fruits borne by the venture is this something that will persist and is it going to be a jv that works for ocado? >> you are right there has been words exchanged about from the chair about the joint venture is not where he wanted it to be. so there has been a lot of focus on this and i think what you will see from the results with the retail today is the sign of encouragement for the joint venture. there is still a long way to go. it is still a very tough operating environment despite the improvement we'll see. i think certainly any progress will be watched closely, particularly in the pre-festive season right now it seems ocado's core shoppers are resilient will that continue into christmas? >> susannah, thank you for joining me on "street signs. head of money and markets from hargreages. >>> coming up on "street sig,"ns saudi arabia discusses production consuts. we'll discuss after the break. >>> welcome back to "street signs. i'm joumanna bercetche and these are your

no respite in q4 and lack of interest rates hitting through to 2024 and that could add downside risk sdp>> this recovery will take time. the worry of stagflation here, too. do you see a continued push by central banks who are now perhaps on the wait-and-see mode where they might indicate a few hikes later on? you say the recovery is not until the first quarter of next year? >> everyone is dependent on the data. this is why we do it. this is why we compile the numbers. it helps give an insightful line to what we see now. this is why the spanish gdp data is overlooked. that is ancient history with which the way things are moving. we need to look at things carefully. the couple of months of input costs on the back of the higher energy prices. what the central banks is seeing that still coming down. the costs may be rising, but you can't pass it on to customers like six months ago. this is a deflationary impact from the demand side . it is important to watch that transpire into next year. >> what is the best way to navigate this? i look at the pmi number and think it works as a proxy for the

highest ever for women sdp. >> if you look at the subtle movements of where jobs are created and whereing lost, i remember the jobs reports i went through and reported on hospitality and leisure which led the way for job growth the last two years. we are seeing that decline right now. is that a sign of consumer spending or what consumers are doing after the little money they have left? >> it is a reason of concern that the leisure and hospitality sector has not fully recovered. it looks like it won't for many months. that said, the share of jobs made up by hospitality is shifting back to normal and we're seeing the leading industry for job growth become healthcare again as it is expected to be over the next decade. we are returning to a normal job mix. >> julia, speaking of the consumer -- september 1st means the return of one thing americans do not want to see return. student loan repayments. it will take a chunk out of paychecks because they have to repay those for the first time in a long time. what is the outlook and how does that affect the american inflation story as well? >> sur

alex, great to see you sdp. >> good morning, frank. >> the statement all technology is welcome as longhe regulatory situation. a lot of people are worried about the possible impact on apple. is this something to be concerned about? >> it is a big deal . what chinese officials sound a lot like u.s. officials refer to huawei phones. we talk about how we want the products to adhere to our standards and when we don't, we ban them. china is talking about the same in state agencies. this may come down to other companies that are funded by the state and managed by the state. this is potentially tens of millions s of people in china which cannot use the iphone. it extends broadly. this is a symbolic ban. china says we have leverage over our companies and we're not afraid to use it. >> apple shares sinking 6% year to date so far. flat in the pre-market right now. it is not all talked about that much is the gatekeeper status for the eu. complying within the next six months. how big of a threat is that to appl apple's business in europe with regulatory headwinds? >> i don't see it as a tremendous

there is a question mark of any concrete developments coming out of the probe sdp >> don't forget the.s. elections as well. if trump comes back, the trade situation will explode again >> that explains the reaction in the automakers the timeline is more clear and it is a more muted reaction. thank you, sylvia. >>> let's look at european markets. we have been open for an hour and a half we have red across the board a broad based pull back. the ftse 100 is leading the losses at 0.8% we have a little bit of resilience in spain. ibex at the flat line. a down beat start to trade in fx markets, we are keeping an eye on the dollar. it rose to the highest level since november yesterday the dollar is trading on the back foot against currencies dollar/swiss franc and sterling is bouncing .3% >>> u.s. futures let's look at wall street. we are looking at red across the board. fairly muted in terms of the magnitude of the moves indicated. yesterday was a muted day despite the selloff in bonds equities are taking a breather with the exception of energy prices >>> elsewhere, new cnbc analysis shows c

. >> good to see you sdp. >> sarah, i will start with you.t is a combination of two businesses grocery and last-mile delivery why is this attractive >> any port of the storm and people are happy to see that window instacart is a company to see backed by the biggest names in vc it is a space if you remember web van which is hard to make a profit it has been the betting of startups for deck ades now there has been a huge haircut like you said, but they are pricing at the top of the range. they are profitable. it seems this really could be the canary in the coal mine saying maybe we're back. >> stacy, over to you. now we are closer to a $10 billion valuation. is this a deal at the valuation at this price? >> frank, don't forget, this is not just a grocery delivery company, but it is a huge business with ads and software it is an interesting time for this to go public. if you think about the grocery m business, what is driving the business inn flags. most of the dpr-- inflation most of the inflation we have seen is stretched through to the consum

. >> and nice dividend sdp. >> i'm happy to take those coupons and take them to the bank.ng them and how stable it is which is attractive to us for charter. something we can put away and forget. >> as we countdown to the fed meeting enext week, do you buy n the certain sectors or take a break? >> i think the fed has been data dependent. that is the hemessage that came out of jackson hole is we are watching the data. they have enough data coming to them that suggests it is okay to take a pause. we are looking for the pivot that needs to happen at the fed with between them saying we fought inflation battle and we won. we see the fed can check the box in terms of forward looking. we need to see them pivot to start supporting the economy and making sure we have a soft landing. a soft landing is not a recession. it is a tempering of the economy and that nice even-handed necessary. >> you are expecting a rate cut? >> i don't think we will see a rate cut early in the year. as we look throughout the year, as the economy weakens, the fed may need to cut slightly. i don't think we a

still listen, probably, what they’re zigging to, they’re zigging to erika, and this is... the nsdp, the sdpt already began an investigation, but, alekseevich, what is happening there, what is happening is that, uh, russia, with the words of truth that it brings to the world community, it has completely washed away that very small layer of polished. how europe and america polished themselves after the second world war, and under this very thin layer, polished, there is still an evil face, such a bourgeoisie, which retains everything, all colonial, all colonial instincts, including in this nazi, nazi form . europe in general, she tried to imagine, along with americans, tried to present the matter in such a way that, in the language of our first president boris nikolayevich elson, that fascism and nazism are some kind of squiggle in european history, they in every possible way obscured what nazism really is, in the form that it is been to europe, it has very deep roots in europe. culture, in european history, this ostentatious, supposed eradication of all this was not done enough, absolutely n

you can assume they looked to diversified the supply chain at that point sdp. >> they have to diversify one would hope that china could understand the episodes that apple has been through with the production inabilities from covid and certain labor tensions and difficulties in the assembly facilities. diversity makes all the sense in the world with. y -- world. that is one of the imponderables. you can't go to sleep with 100% certainty because of who they are dealing with. i think logic and self interest tends to prevail. they will move on with the relationship that is productive. >> what do you expect to hear from apple today? >> look, i think we expect the devices to be much more interesting at the higher end than lower end. this will favor the trend of mix skewing to the pricey devices. iphone 15 model will have greater camera capabilities with the periscope zooming feature which is an important catch-up for apple t. the titanium chassis. lighter weight. they need to keep interest in the product that is the most essential product of the modern economy. with these guys, they can gener

it is a supply issue sdp. >> a supply issue. >> an -- >>> an update on the writers strike. david faber reports that they are near an end to the agreement. people close to the negotiations say the two sides hope to fine -- finalize a deal today. without a deal today, the strike would go to year's end. >> why? i know if it gets into the holidays. i think there was still a window in october if you didn't get it done today, you could get it done by the middle of october. >> are the actors -- we really know the actors could not do anything without the writers. they would be like what do i say or do? >> news anchors? >> like news anchors. if you settle the writers, do you actors say okay. >> the actors have a tougher situation with a.i. the a.i. situation for writers. >> that is harder for writers. >> glenn close told us last may said she has been asked -- >> name dropper. >> she told us here on cnbc. she did. she told us it was going to be a -- she had been asked to do th things where she would go in and they film your entire body and they can do things without you being there.

just a decrease in diabetes prevalence was great through the sdp i program also diabetes related mortality has decreased from about 37% during those times per again these are some of the stats pick the key thing is is decreasing. whatever the percentage is that this program is working and were really trying, it's very unique there's over 300 communities that it is serving across the country but i know there's about a dozen that is tailored to the navajo nation but overall i think it's critical because were trying to make sure we can continue to have healthy people in our communities so they can thrive at for it to be renewed which is coming up very soon and i think both houses, both the senate and the house has uprooted from 170 million through their committees here and really that's 20 million more than the 150 we were initially getting and that 150 has been consistent for 20 years so this 20 million as a good amount of increase to really help us get some of those programs out there implemented right away because it's critical in terms of not every indian country is the same, but the tail

i gave a talk to in the sdp. i gave a talk to that nascent political party.n politics if it helps me do my job. but what i'd say is that i think liz truss is on. i think liz truss should be listened to when she apologises for doing too much too soon. she did do too much too soon, but i also think it's right to point out that those sky high mortgage rates that labour keep talking about that happened under the mini—budget, they're now even higher. yeah. the gilt yield, the price of government debt is even higher than it was during that mini—budget. and actually i think there's a growing body of opinion that had some of those policies that liz truss put forward with chancellor kwasi kwarteng been utilised. then they may actually have caused more economic growth and thus more economic growth and thus more tax revenue. i'm thinking in particular of her determination to keep the corporation tax rate at 19, right? it went up . right? it went up. >> it used to be jeremy hunt's view. >> well, jeremy hunt, when he set it to 15, he wanted to cut it to 15% when he was ru

consumer harm the developers and people behind the scenes we're still paying $10 a month for spotify sdprfectly reasonable to see what sticks. we will assume this is bad >> by the way, they are still fighting the activision deal we thought it was over it is not over. >> you assume every merger is bad. it is the opposite of innocent >> it is not criminal court. >> what is interesting is lina khan suing, one case is she is winning that part of the argument you see the overall case she has lost, but within the ruling there is new law built i'm not saying it is good or bad. for the anti-trust legal community, new thinking is emerging in some of the rulings. if the overall ruling is a loss, there are things that can get used for the next case i'm not sure it is appropriate, per se, to go after a company especially if you were to know you are going to lose to get one point to use later that seems problematic >> ted doesn't agree with that there is a cost to continue to lose this is different from the obama administration where people were frustrated they would never bring any case. >> i said l

with the gamestopers out there you know how they are anti-all of the meme stocks >> stock is up 8% sdp >> i had expressions they can read and they can tell i'm conflicted or someone has me you have seen those? i don't want to give you any more today. >> @joesquawk. >>> a big morning still ahead. we are live from the delivering alpha conference here in new york city. the headliner is house speaker kevin mccarthy days before the potential government shutdown will join us at 8:00 a.m. eastern time "squawk box" will be right back. >>> one of my most profound mentors was justice mayor. i was able to clerk for her. i her all she taught me not only from academic how to be a good lawyer stabbed point, but from a human empathy standpoint really paying it forward is an important part of how we all par take in the community. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. >>> after the great recession, hispanic americans lost as mu

. >> high rates sdp. >> the fees on the programs are crazy.n some other percentage based on age. >> they charge you 250 basis points. >> that is why some advisors say do the company match and invest whatever else you would on your own in a roth i.r.a. or brokerage account. you want the tax advantage, but you have the feefees. >> thank you, sharon. >> i hate it for the same reason. >>> let's get back to kari firestone. kari, sorry we got cut off before. you were about to tell us what you think about the markets. do you think the stocks are overvalued here? >> that's a good question. it is not fair to say that stocks are overvalued. that word encompasses many stocks. the saep trades at 18.3 times next year's earnings. that's a little bit richer than typical over a 20-year period. that's been true many times in the past. you think about where we've come from. we are 6.5% below the all-time high. we made a lot of progress. we're not back to where we are at the beginning of 2022. right now, we're in the wwa wait-and-see mode. inflation continues to

plans to issue lots more, that seems like the only way out of it if the fed steps in and says okay sdpn 2020 with the spike in yields. the fed is your backstop buyer if you see a very large rise in yeel yields in the bond market. that is the scenario to play out. it is hard to see that right now because the economy is so strong and the fed is committed to keeping rates for higher for longer as well as unwinding its balance sheet. >> the fed says forget it and we are not cutting rates for the projections. we will not cut rates, but keep them there. maybe they ease by keeping qt. what does that mean? it is not the worst-case scenario at 7% and beyond? we will not see lower rates than we see at this point. >> i agree with the point we don't really see lower rates in a meaningful way like in previous crises. the decline might be less dramatic this time around if the fed were to cut rates. our case case is the u.s. will into recession next year. if they orchestrated a soft landing, they have to cut policy or adjust policy a little bit to ensure they can remain stimulative. >> as we are unab

he wanted him to take over for tucker at one point sdp. >> news right here.ing this together. this is getting bigger. it doesn't seem like the boss' son living in australia will come in and takeover. there was a new york post story today. >> i read it. >> you pointed out to me this morning. >> the dashing young man will be taking over. >> the power behind the genius. >> now stepping in. it sounded like the kendall release. >> the core thing his tenure is known for is he took his eye off the ball and they drifted into the unbelievable plot around the election and mishandled the legal claims and settled for a massive number. >> he is getting farther along. >> a good friend. >> ben, thank you for coming on. >>> when we come back, bang of japan holding interest rates steady overnight. we have comments from the japanese primary on the economy and attracting foreign in inve investment. >>> plus, ww, formerly known as weight watchers, shares are holding steady after oahpr made negative comments about weight loss drugs. we will have more on that stock when "squawk bo