with longer term global threats. ah, the cost of living crisis is the biggest risk to the globe over the next 2 years. that's according to the latest survey by the world economic forum. perhaps for many consumers at the reports, findings come as no surprise. prices for everything, keep rising rushes, invasion of agricultural power house ukraine, caused food and energy costs to skyrocket. supply constrains caused by the pandemic, and subsequent locked downs, contributed to already high prices. these immediate problems are overshadowing the biggest long term challenges, like climate change. it's no surprise search and literally the are all stuck in a crisis mindset and said leads to short term decision making so may have long term and intended damaging consequences. the grim report comes one week ahead of the world. economic forums. annual meeting, davos were leaders and executive strategize, tackling these issues, following closely behind the cost of living are the threats of natural disasters, extreme weather events,

we are great on this country in terms of innovation. we need to be more deliberate and how we are inclusive and include these so there is an economic future. bill: the response, sounds like there is similar issues facing many of our rural communities that face inner-city. spencer: i think that is right. one thing that is unique is broadband in the black rural south is about 38% of black folks in the rural south do not have broadband. that is compared to 22% of other world residents added 22% of black folks nationwide. black folks in the south are facing unique challenges that we have to grapple with. there is some commonalities, and what is important as we understand some of our common challenges. it is also important we do not ignore the unique challenges faced by black communities and black rose south or tribal populations and to their history and contemporary life that many folks on reservations are living. we got similarities, we also want to recognize the differences and ensure everyone has an opportunity. spencer: our lines are op

trian's agenda longer-term oriented organization that focusing on intrinsic value and long-term cashfense act of consumer brands that's what i think they bring to disney. >> why do you think disney's board is so reluctant to bring him onboard. literally? >> well, seldom does a company welcome and activist ththe board room and while trian rightly calls its own strategy constructivism, because they do believe in trying to create brand health and sustainality health instead of flash and burn strat yis employed by some activists. nonetheless, an opinionated engaged voice in a board room pretty deferential to senior management for quite a long time. >> what about some of these proposals? like what he just laid out getting away from a more matrix organization into a more accountable place where you have different business leaders accountable for pnl, like we saw at procter & gamble? is that something that can work at disney? a reason for the underperformance >> interestingly, in the last 24 hours, much of the feedback from investors has been both welcoming and engaged shareholder-driven vo

next week is big in terms of retail.cars, and luxury sectors tracking higher over the last five days. every single sector is in positive territory and energy and unit -- energy and utilities have underperform. the safest area of the market is value trade for 2023, that is where the underperformance has come through. in terms of stocks that we have been watching. shell out with numbers doing very well. i think once you get under the surface a little bit more but may be the market reacting positively. we have the bmp downgrade on rentokil, and credit suisse is unchanged. it .96 on the year and i bring that up because you want to know what is happening with the banking story and the credit story relating to what is happening with banks right now. and i wrap it up really with that was the week that was let us talk about the reading -- let us talk about the week that we will get. german industrial data and livery data on tuesday and we have the right rafter cpi data. wednesday and thursday will be very interesting next week.

and spanish is a term that is very -- that is gendered and latina are general terms and i i understandmake this distinction with the excuse she's going to ban it because it's insensitive, if it wasn't so insulting it would be laughable. this is coming from a person worked from donald trump to did everything in his power to bring trouble to the latin x community >> kevin why do you think this was top of mind >> i don't think it was top of mind >> within hour >> politicians are political animals. right? and she is representing what she feels is the feedback that she got from a number of people in the community. now, i think the politics of this are probably helpful for her, because for many people, who look at this to be, i know a lot of people feel strongly but a lot of other people think this is sort of common sense you not ban a word like this this but sort of move away from the use of this, because some people actually feel that it's not appropriate to use, and that's feedback that she actually got from a lot of those, folks in the hispanic community and the latino community as well.

or long term? >> yes, they will. so the bradleys should be available or will be available? if not now then, very soon as at grafton beer and that will be part of the training, the combined arms training that they do in germany, so they will be training there before on the bradleys before they go there sent it forward, >> correct. >> the other question has to do with the continuing requests that we're seeing from ukraine for larger armor. is there also a request now for striker vehicles which, you know, has been incorporated into the us and canadian militaries for quite some time. and where does the u. s stand on going into the ukraine contact group meeting next week on the possibility that the united kingdom may send challengers. >> yeah. i'm going to be extremely disappointing and tell you that, you know, i'm not going to speculate on what future security assistance might look like or talk about what we might or might not be considering. again, we're gonna keep that dialogue open and we're going t

, terms. reference and policy. identifies how to elect the president and vice president annually. this is the governance responsible of the board. cities or describes how you appoint board members and chairs. and personal low what happens after that. once you ash pointed the chairs of each committee what does this committee chair need do. the term of reference says the committee is to meet with staff and have the public meetings that comply with the brown act and sunshine ordinance you set goals and develop agendas for what you want to pleasure for the year. you report to the board. in most of the circumstances the committees don't take the final action. the committee will recommend an action that come to the board. ensure that fiduciary programs are in place like the one we are having today that gives you training in what you need to know. and the charter says you will conduct performance assessment its assess yourself. next slide. in as to investments the term of reference from the board say

even a term policy. even a term policy? even a term policy!mine. call coventry direct today at the number on your screen, or visit coventrydirect.com. . >>> welcome back let's talk some credit, shall we yields have doubled from 15 months ago on many different credit products, so what does it mean as we head deeper into 2023 let's find out john zito is the deputy cio of apollo's $400 billion credit business down at a conference in miami. sorry i'm not there with you to enjoy that warm weather, john, but appreciate your coming on. about a few months ago, october, i watched a conference you were a participant in and you were talking about getting as much as 12% on levered returns on the senior part of the capital structure, things you hadn't seen in a long time. is that available still or have things tightened up since then >> hi, david thanks for having me right now it's a great time to be a lender across investment grade yields a year ago were sub-3% and now they're double, high yield was yielding 4% and now close to 9%. as you mentioned, secur

dread -- long-term trend.trying to regain its credibility while -- five playing tough on inflation. haidi: always great to chat with you. let's get you to vonnie quinn with the first word headlines. vonnie: bloomberg opinion columnist and former fed president filled aa says an economic recession is on the cards. he says it's likely because of what the fed must do to cool inflation. he says it will be a severe one and does not see a risk of financial instability. >> it is likely because of what the fed has to do but what is different this time is if we have a recession, it's going to be a fed-induced recession and the fed can reduce the recession by reducing monetary policy. the challenge is not to ease too soon. vonnie: china's finance minister has -- told -- citing risks including a contraction in demand and supply disruptions. he says china needs to use proceeds from special government bonds to boost investment as well as increased transfer payments to less developed areas. ftx founder sam bankman-fried has

shop or near term, warriors tickets or concert tickets long term.ing. we think we have an early view, where it can be very impactful across the microsoft suite again, i'm talking aboute from the financial analyst perspective. i have come up with like 20 different examples of how they use it whether they po the it into practice or not, i don't know, but i think there's a clear road map that we see. >> brent, from a financial standpoint, call it intermediate term, do you think that microsoft would have the best success disrupting google search or do you think long term because of the lead theft in the productivity tools, will be integrating that with outlook, 365, that sort of thing. where would you, if you're looking five years out, expect microsoft to get the biggest financial benefit? >> i think in productivity and a.i.-infused i wouldn't take on google. i wouldn't try it. my view would be stick with what you're good at microsoft has done this in the past they got nokia, other areas they shouldn't have gone. stay true to what you are, enterprise so

investor but certainly it could be volatile near term.think there are areas of the market for we could see a lot more upside. for example, small caps is not an area you typically want to own heading into a recession but they are more adequately pricing in the risks. the russell 2000 is trading in relatively low historic multiples and we think those stocks should hold up well in a backdrop similar to the 1970's, where the fed was trying to tame high inflation and ended up being a strong time for small caps relative to other asset classes. jill: by comparison, though, thinking about tech, it is a really busy week on the tech front. it's an area you are cautious of? rep. hill: yeah. i mean i think typically in the cycle one school of leadership is not necessarily new leadership in most cases. tech and growth stocks were the leaders for much of this cycle with tech -- benefiting from globalization and off shoring. a lot of those stocks have had a significant weight in the s&p 500 and for decades if you look at a chart of nasdaq earnings relat

of not really moving in any direction in terms of taking a very strong stance in terms of, you know, providing the team the tools to, to meet they deem to help with the war in terms of what the germany has been asking in terms of the west has been asking. so i think there were late proposing is this peaceful negotiation to the word, which is something that is aligned with brazilian diplomacy in general. in brazil, of course, maintains important ties to russia and in the past lula who was present on before is competent. a great and dear friend were the naive of germany to expect military support from the country did all i shall know that he wasn't going to get any when he traveled to brazil. what do you think? to me, honestly, it wasn't surprising that lead didn't agree with such a direct a contribution to their working these things. i think that it's very much aligned with what we would have expected from lula in the past, in his best 2 terms, as well as with reading diplomacy in general, to have this pro peace negotiations through diplomatic means as a resolution to this war and ukr

and spanish is a term that is gendered, in latino and latina are gendered terms.n the latino community that are lgbtq want to use it, and i am all for that. how dare she make this distinction, with the excuse that she's going to ban it, because it's insensitive. i mean, it was so insulting, but if it wasn't so insulting, it would be laughable. this is coming from the person who worked for donald trump, who did everything in his power and his administration's power to bring tragedy and pain to the latino community. i'm sorry, i'm good he's, to the latinx community. >> kevin, why do you think this was on top of mind on the list of executive orders? >> i don't think it's top of mind, as you said, it's one of eight, -- >> within hours of her. >> look, i think politicians are political animals. she is representing what she feels is the feedback that she got from a number of people in the community. now, i think the politics of this are probably helpful for her. for many people who look at this debate, i think i know a lot of people feel very strongly about it, a lot of

even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. >>> welcome back to the show airbus says it delivered 661 planes in 2022, up 8% on the year and topping boeing for the fourth straight year boeing reported 480 deliveries last year and won 7 last year and won 774 new orders we're seeing the stock come off a little bit this morning because they have not met their targets. >> yes they had this original target of 720 planes for this year they already cut it in july saying it would be around 700, and then they said last month even that target would not be able to reach. now they've delivered 661 planes this year, 611 the year before but the forecast from the market was somewhere around 680 of course, this is all down to supply chain issues, talking about shortages in raw materials and also labor shortages is there. they had specifically some problems with some engine deliveries however, they are sticking to their

long-term it is deflationary.if you look at the pmi reports from emerging market companies, we see higher delivery times, but that is because of dramatic pressure. rob material shortages, all reporting logistic issues coming from china. this is one of the enduring restraints on global supply chains since covid. we think the reopening of china even within the region will have positive deflationary forces. francine: a lot of markets are focused on the next six months for china. you also in your top 10 risks for this you look at longer-term risks, and there could be a parallel with japan. eimear: absolutely, so the demographic challenges that china faces and slow growth. even within our forecast, we think that we are not going to get this bombastic growth coming out. we think india is going to be quality of growth while we have more emphasis on those headline growth lines. we think that chinese policymakers need to focus on picking up consumption demand internally. tom: what's within the em basket, which nations that

, but if you're a long-term investor and long-term thinker, history is on your side. >> good morning.ice to see you. i do agree with the long-term resistance we flipped the calendar year to the new year and said, oh, i thinks will be better. we don't think we're quite there yet. we're a little bit cautious in the near term. we've got a few things to work through in the first few months of the year. >> what are the main things we've got to work through? >> so we need to continue to see this decline in inflation. the fed is clearly still a single mandate central bank, and all they're focused on is getting inflation down for them and for a more durable, you know, return to a more average kind of inflation, the 2%, which is their target, you really need to see the labor market start to slow down. we really haven't seen that. little glimmers of hope we've seen in a few reports and some leading indicators, but in terms of tangible evidence, we have not seen that. that's kind of the main thing we're looking for to start to stabilize the bond market. once you can stabilize the core bond yield

terms apply. with gold bond... you can age on your own terms.ew retinol overnight means the smoothing benefits of retinol are now for your whole body. plus, fast-working crepe corrector diminishes wrinkled skin in just two days. gold bond. champion your skin. retail sales falling over 1% in december, slightly more than the even 1% forecast potentially indicating a cooler consumer what does it mean for the payment processors let's get to davos, switzerland, today, sara eisen with the ceo of mastercard. hi again, sara. >> hi, carl. i am here with michael miebach, the ceo of mastercard. it's good to see you. >> hi, sara. >> carl was talking about retail sales. what's your read right now globally on the consumer >> so the consumer has been resilient. that's the headline. and if you peel the onion a bit, what you generally see is depending on the country, the inflation is clearly a trend that is global, but the impact on the consumer has been different country by country depending on policy reactions. a few gives and takes on how the rates raised so

-- in terms of what is forecast.— are you expecting? -- in terms of what is forecast.disaster team on standby all _ what is forecast. we have a disaster team on standby all across - what is forecast. we have a disaster team on standby all across the - what is forecast. we have a disaster| team on standby all across the state from oregon border to southern california. we have volunteers who will open more shelters if we are requested to do so, we will continue to have them open for the weeks to come with the storm is coming in. we are adjusting our plans, but we are also out in the communities are delivering hot meals, providing the relief surprise, clean—up kits to begin to clean up the flooding the damage caused a —— providing relief supplies, and there will be more supplies, and there will be more supplies and recovery in the future. taylor poisall with the american red cross, thank you so much for taking the time to speak to us on a newsday and best of luck with that aid operation going forward. thank you very much forjoining us on the programme. thank you. to some

it for the unexpired term ending january 31st as well as the 2 year term beginning january 31st.f i am to understand your add vice we will duplicate motion and remove the 2 year term and send this for the january 10th meeting; is that correct? that's correct. so that's what i will suggest and why don't we open up for public comment. >> yes. am on the motion i mean member of public when wish to speak and join nothing person should line up now. those remote call 415-655-0001, access code: 2495 351 0253 ## and press star 3 to enter the speaker's queue. there is no one in the chamber and one person in line to speak on this matter. >> first speaker, please. can you hear me? it it is david pilpel. fiunderstand correct low the file is to be duplicated and one online 10 would be to the 2 year term ending january 31 of 23 and strike the language there and the duplicated file would be for the 2 year term beginning january 31 of 23 ending in 2025. that's how i oobldz that and suggest on line 13 it is not there is no executive director of the bridge district it is the general manager but pro

, so there is— terms of terms and conditions, so there is not— terms of terms and conditions, so therey april 24? and what _ 25 and there is only april 24? and what plans— 25 and there is only april 24? and what plans their employers might have for— what plans their employers might have for them. it is a lot of uncertainty, does not address the concerns— uncertainty, does not address the concerns in— uncertainty, does not address the concerns in regards to pay, and there _ concerns in regards to pay, and there is— concerns in regards to pay, and there is nothing else that would sweeten — there is nothing else that would sweeten it, as far as our members are concerned. we consult with their representatives before we decide what to _ representatives before we decide what to do with any offer that we -et what to do with any offer that we get from — what to do with any offer that we get from the employer, and every single _ get from the employer, and every single one — get from the employer, and every single one of our representatives says this — single one of our representatives says this

they talk about race and transcended terms. they may present themselves in a counter stereotypical fashion. and so that has implications for the types of policies that they support. so, for instance, since we're in virginia, when doug wilder ran for governor, he talked about how tough on crime he was because it is often an attack line against african-american candidates to say that they will be soft on crime. and it's been used against people like tom bradley, who were law enforcement officers before they became politicians. so obama certainly used the strategy. he certainly provided a transcendent appeal. if you think about his 2004 speech before the democratic national convention, where he's like, there's no black america, white america, red america, blue america. there's the united states of america that very much fed into that ethos and tone. and also sort of in 2008, there were a lot of people who were like, well, if the first black man gets elected president of the united states, then clearly we're no longer where we are

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tom: in terms of cuts by march 2024. let's delve deeper into markets, the dollar weakening against most of its g10 counterparts, while japanese stocks into many major centers in asia are closed for the lunar new year celebrations. let's bring in blackrock global chief investment strategist, wei li, good morning, give us the update on blackrock in terms of recession risk. we are hearing two different narratives, jp morgan looking at the model of asset classes, seven out of nine suggesting there is a less than 50% chance of recession in the u.s., but mike wilson at morgan stanley say macroeconomic data is overwhelmingly weak. wei: the way to reconcile the narratives is market is pricing out recession. if we look at indicators, recessions don't seem to be on the cards. but the way we see 2023 playing out is recession is foretold, because we are not out of the woods with inflation, especially core service inflation is still pretty persistent. so we believe central banks, including the fed, will have to power through in terms

e these e long-term construction workers in general.as if voiced by the minister, uh, the action plan was created before the year 25, but in fact, in our region, the second in terms of long-term construction, not only housing, we set the bar, uh, the minimum period. this is the twenty-third year. we must reach the maximum number of decommissioning of objects, putting them into operation or demolition is already really, which well, it is not expedient, economically continues construction. here's what i would pay attention to. how to exclude this in the future, and in order to exclude this in the future, that is, it is necessary, probably, as it were to have specialists in good. i would like to. uh, remind our viewers of the sensational story of the building in the falcons. when to intervene and protect the interests of the people, had to at the highest level, here is a brief summary in a few words, please. 3 years ago, large families from minsk who were in line for housing were offered to build a cottage village in the sokol microdistric

i you to come to terms with this decision? ~' ., .., you to come to terms with this decision?he decision after _ decision? i kind of came to the decision after the _ decision? i kind of came to the decision after the row - decision? i kind of came to the | decision after the row selection which was in september or october, when i wasn't selected. but i felt like i wasn't selected before i even tried and then do not get picked it put me in a very low state so, yes, ultimately ijust knew i couldn't carry on after that because i didn't feel i would get picked again. do ou feel i would get picked again. do you think there are still too much focus on the aesthetic sense gymnastics in the traditional view of what a gymnast�*s body should be like and it hasn't really caught up with the fact that you can be successful with any?- with the fact that you can be successful with any? going to world championships. _ successful with any? going to world championships. i— successful with any? going to world championships, i always— successful with any? going to world championships, i always fe

we are long-term investors.re we invest in the sectors we invest in, we take themes or we take a five year or 10 year horizon. our teams move and deploy capital in that space. then we pivotable we need to pivot. essentially, that's always been our approach. manus: are you in pivot mode at the moment? is anything saying you need to pivot and shifted gears? is it more credit allocation? is it more diversification away from america from that u.s. focus? what is the put template? khaldoon:--what is the pivot template? khaldoon: i would say it not thematically. we invest in semi conductors, technology, energy transition which is a big space for us, digital transformation, digital infrastructure, software and of course, credit which comes in particularly in the neck short to medium-term. i think these are all teams that we have been actively deploying capital in for the last five years. we are very much for the next five t is 10 -- five to 10 years will continue to invest in. in terms of the world, the u.s. remains a

we need to stop thinking in short-term-ism, we need to think more long-term.tes at the world economic forum in davos discussing the economic outlook on day one. we will continue our coverage. let's bring in our next guest. just talking through gray markets -- talking through markets right now, there has been a big rush on the back of china, once they steered away from covid zero, they are pivoting toward a stimulating and focusing more on gross now. you're seeing markets going, continuing to trade the story. is it too late to join this rally? >> i wouldn't think so. if you look at it from a pure valuation point of view, it came from absolute crisis levels. very low and right now you are just over 0.8. the last 10 years or so. part of that has materialized but we haven't actually normalized on any of these data, so i would recommend to stay the course. rishaad: to what extent is the reopening story or should i say a normalization of the chinese economy now being priced in? has it been priced in too quickly i think is the fundamental point. hartmut: i don't thin

loaded term in terms of how we think about crime and where crime takes place and who the criminals and so forth. so in that way, the party has not left him behind, but the party has certainly edged a bit leftward to the point that joe biden could say things that obama could never say. i can remember in terms of race as one. joe biden in this is a sort of irony that a septuagint, korean catholic, polish democratic politician from scranton, pennsylvania, could say something such as the after the election of 2020, the black community has always had my back and i'm going to have theirs. i could not imagine barack obama saying that he might think there and certainly in private quarters he might say something like that. but for him to own it in that sort of way, again, race operates in a funny way in our political sphere. the first black president could not own his his his blackness or his connections to a black constituency. and that sort of way, as opposed to his vp or his former vp, joe biden, a white president who could, you know, in a full throated way, own or own up to what he he wante

so we continue to navigate through being able to do near term adjustments, long term investments. >> so about those potential adjustments. i know your strategy is interlocking, you need the capital spending to regain manufacturing leadership you need manufacturing leadership to stand up the foundry business, you need the foundry business to have margin. but does this economic maelstrom that the pc business is going through mean that you can or should delay some of that capital outlay because your revenue is getting delayed >> well, we're looking at it very carefully and i say this is never an a, b. we're always looking can we delay the capital a little bit and still stay on track. you know, can we lower the requirements, can we get a little bit more efficient. and clearly if we laid out a capital intensity as a percentage of revenue last year, net capital, and we were able to stay inside of those guardrails, we expect that we'll be able to do that again this year as we work hard to get the capital offsets in place that give us more room on the gross capital line even as we make net c

we have to take the short_ short term. we have to take the short term — short term.ain now, we have to clear this — short term pain now, we have to clear this issue up and we have to move on — clear this issue up and we have to move on. we will move off. wales' male and female senior football players will be paid the same for representing their country, after the men's team agreed to a 25% pay cut. the deal agreed with the football association of wales will come into effect immediately, and will enable them to give the women's team a 25% increase meaning parity for representing the nation. dame laura kenny has announced she's expecting her second child. the five—time olympic cycling champion revealed last year that she suffered a miscarriage in 2021, and then had a fallopian tube removed injanuary last year due to an ectopic pregnancy. she came back from that to win gold in the scratch race at last summer's commonwealth games in birmingham, along with a bronze in the team pursuit. in today's post on social media, she said that "the heartbreak will never go away". but

but most businesses are focused on the short term.— on the short term.. focusing on consumers for _ on the short term. focusing on consumers for a _ on the short term. focusing on consumers for a moment, - on the short term. focusing on i consumers for a moment, looking at retail sales are off a bit but i wonder how people are paying for this stuff? when you look at things like savings, credit cards, balances, what is the picture there and what does it mean for the wider economy? it is interesting. you see things like subscription levels being adjusted, through our debit card spending for example we have seen people changing where they spend their money so maybe instead of spending it at a higher supermarket they will go to a low supermarket cost point. we see those adjustments in spending interestingly in q3 in spending interestingly in 03 last year we saw deposit levels go down and transaction levels go down and transaction levels 9° up go down and transaction levels go up so people saved up to go on holiday but they were still keeping a buffer. people

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and in the broadest terms.oing to avert the strike action planned for ten days' time. with many waiting days now to see a family doctor on the nhs, the prime minister was asked if he is signed up to private medical care. were you registered with a private gp and are you still? yeah, but my dad was a doctor and i grew up in an nhs family. that was not my question. it's really straightforward. were you registered with a private gp? as a general policy, i would not talk about me or my family's personal health care situation. it is not relevant in this. what is relevant is the difference i can make to the country. but it is relevant, say the unions and his political opponents, who say it would be the honest thing, too. i thought the prime minister gave the impression of someone who not only doesn't use the nhs but doesn't understand the scale of the challenges or have a plan to deal with the fundamental problems, because yes, he can get people around the table in number 10 for a photo opportunity, do more sticking

just above in terms of futures. mike wilson from morgan stanley suggesting there could be further downside. up to 20% downside for the s&p because of these recession risks. arguing the optimism around the earnings picture is overdone. the pound at 1.21 on the back of those comments from the chief economist at the boe. just in 0.2%. the benchmark stateside, not a great deal of movement ahead of the cpi print. iron ore, this is one of the bigger moves around the asset classes. closing into $120 per troy ounce -- or ton, i should say. officials in beijing saying maybe infection rates have peaked in the capital, from the pboc chief or secretary-general saying that china's economy will normalize. bloomberg economics saying you could see 4.8% growth out of that economy later this year. francine: we do have some breaking news -- goldman no longer forecasting a euro area recession. i was surprised at looking at the energy market, the fact that europe is in better shape than it was era go every let's get over to our bloomber

haidi: what is the longer term debt picture look like?etty when it comes to local governments and funding due to covid zero. do we run into a problem of productivity of debt in china? guest: that is a real question. what is the nature of physical activity you get? it has oftentimes been redefined in china? we are used to think of highways and bridges being fiscal activity. it has increasingly been talked about in terms of developing technological sector, r&d, and that type of thing. there is room for fiscal stimulus this year. there is room for clearly more monetary policies and no question about that, i think we have to see what warm it takes while keeping in mind the returns are not going to be like years past. the growth levels will not be there, including in property. haidi: the long-term picture comey have alluded the drags. property, image -- infrastructure, demographics. the geopolitical overlay, the decoupling in tech we talk about chips. how much of that will curtail not just the ambitions, but the ability to move the industry to

level in terms of it. and that is we need to pay for outcomes. so i'm going to lean on that. but you need to in person, you need the human infrastructure. yes, yes. but in terms of that's part of delivery system reform, so we need to reform them the fundamental system and a part of how you do is get to the place where you pay and you are willing to pay for the outcomes, because once you're going to pay for the outcomes what you're going to come to is knowing that the time it takes for therapist to get outcome that we're seeking and of the biggest problems has been the measurement. so you know, you use as a proxy for, you know, what it is so i don't about the technological of it, but i think the big switch we need to make there are two very large switches. we need to turn in health care and we need to do them in education as well. and one is put the consumer at the system is the center. and you talked about that in your pain points point the pain point thing you weather it with the consumer was the actual p

we're seeing a long term development trend in terms of everything that is needed for the energy transmission as a way, as a way to just move away from fossil fuels. so the question now is, how long this window of opportunity for short term demands will persist? and if certain players such as argentina and example, us an amazing play in terms of energy, will be able to a big, big a ride at that trend. and 2nd, trad, if countries are like other opportunities will be able to seize the opportunity in relation to commodities need to for the energy transition. in general. not mariani talked there about argentina. and i do want to find out more about our trend, tina and it's debt. of course it's reach a deal to restructure at the $1970000000.00 debt it owes to the paris club. do you think this is a good deal for argentina and can it overcome its debt problems? i had of the 2023 elections. we just take a step back here and just recap the law. they live late, a set of events, including the one that you mentioned folly the are to argentina, reach an agreement with private ball holders by itself are, d

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and both in terms like staying in your job, but then even more so perhaps in terms of getting hired for a new job, one of the statistics that always really sticks with me is that if you lose your job, even people who have full time. full year career types of jobs, if they lose job because their employer decides to let them go in their late fifties or early sixties, only one in ten of those people ever has a job that pays as well as the one they lost. only one in ten. so a lot of people who think that they're going to be able to work longer who are counting on being able to longer in order to their retirement find when they're laid that they're not able to get back into a job that meets their needs. well as the one they lost and what we see is that that's really across the board, even people with college degrees, higher degrees, as well as for people in less advantaged. let's talk a little bit about care giving responsibilities. people in their fifties and sixties can have that kind of responsibility coming them from lots of directions. they may have aging parents or parents in law. they

connection with your shareholders that produces long-term, powerful returns.d, if you look at every industry, those ceos and boards and management teams are focused on those issues are the firms of the future and they have provided us, the shareholders, the best durable profitability. >> all of that doesn't mean necessarily you won't get your share of criticism a lot does seem to come from the right. i had curtis lotftus on. these are small numbers overall. he said to me, and i want to get your response, he said, i don't represent the rich global elites that larry fink hangs out with i represent bob's plumbing and insurance agent. how do you respond to something like that? >> we manage money for over 50 million retirees we manage more money for more firemen, for more policemen, for nurses and teachers than any organization in the world. we represent their money and we take that responsibility with -- with a deep and serious commitment our job is to give them hope the problem we have in society today, few people are trying to provide hope and i think one of the

your income and expenses and some medium-term short-term mobility decisions seem timely enough.ow in these services in particular in ours. there are still cars of fairly fresh european brands, for example, the supply of new lamborghini cars to our country was suspended back in the spring. however, the dealer recently opened a mono-brand showroom of the brand car purchased from the secondary market of unofficial suppliers and without factory guarantees, spare parts and services. the salon provides on its own next year the situation on the premium car market may become more difficult, if earlier dealers could plan their business quarterly, now literally every car you have to mine it yourself through buyers to wait for customers to buy, already now you have to, at least 2 months after the departure of the german concern. the diver ran into problems and kamaz didn’t stop work at the site for more than a day. however, the conveyor producing trucks of the k4 and k5 generation still had to be slowed down due to a shortage of components, while kamaz produced almost 40,000 vehicles in 11

if performing pretty well in terms _ companies. if performing pretty well in terms of _ companies.tty well in terms of the technologyl well in terms of the technology and companies that are doing that already, doesn't make that much of a difference where they're actually launch from? they�* re actually launch from 7 it's they're actually launch from? it's due to convenience. many of these companies that are satellites, the small satellites, the small satellites on the bottom of the jumbo jet and launched satellites on the bottom of the jumbojet and launched on monday and the vertical rockets launched from scotland, many of these companies are start up companies. they arejust companies. they are just beginning companies. they arejust beginning in their living off investment and promises and they really do need to demonstrate that they have a future with many of them will not succeed and in order to do that, they need local facilities, they need cheaper launch facilities, they need for convenience instead ofjust taking it to the united states and south america or austria, they can de

how can you even use the term equal rights if they're not for everybody? ah, but i feel like you're asking a somewhat different question to that is how do we address the problem of the mobilization of anti immigrant sentiment? and i would also point out that i deliberately used the term mobilisation. that is, i don't think that anti immigrant sentiment just kind of rises naturally. everywhere that immigrants appear. i think that politicians and media figures have played a huge role in mobilizing anti immigrant sentiment for their own economic and political ends. i'm. so i think that, ah, advocating for the rights of immigrants and challenging the narrative that they're blame immigrants for the social problems that they are actually the victims, not the perpetrators of is also a really important part of the struggle. thank you, professor aviva chomsky for joining us. now most countries would like to see themselves grow if they would have the ability to sustain at the quality of life for the current citizens. while brian, those who would be productive and ac