haidi: vonnie: -- vonnie:\ will the u.s. allied nations have to include all of the transactions that have to do with energy? >> energy is excluded because not everything can be decided. the decision on the central bank comes in. sanctions are valuable. given the unity, they have been strong. what about energy? they are working on releasing strategic reserves. so far, we have seen china will not play a part as long as many others do. think about saudi arabia, qatar, of course, the u.s.. then sick of norway, the u.k.. -- think of norway, the u.k.. if this works, i think the nuclear threat remains high. hopefully, before the threat actually, you know. i think there will be sanctions, commercial sanctions. that will be extremely costly for russia to the point of i am not sure whether that will be even possible in a sense for the russian economy in the short run. that is a big shock. haidi: how does the russian central bank deal with this? you mentioned how massive of an operation it is. what happens next? are they paralyzed? is

vonnie: traders brace for further turmoil. haidi: it is really about seeing the further reaction when it comes to the added sanctions which included added sanctions targeting russian entities including the central bank and removing access to the swift system by some local lenders. this is how we are shaping up. we are seeing some boy and sentiment -- buoyant sentiment. again of over -- a gain of over 2%. we are also seeing the move and it comes to bond yields. aussie yields dropping. we are seeing the 10 year fault six basis points and the three year moving seven basis points to just under 1.3%. take a look at fx. that is where we have seen the interesting play. dollar-yen has only rebounded around 0.3% after dropping zero point 6%. this could be a case of the dollar becoming a main haven player versus an improvement in sentiment. the euro continues to slide against the dollar. the swiss franc as well as the yen to a new intraday low. router concerns about the economic recovery for europe. these currencies including the kiwi,

vonnie: thank you.sident mary daly calling for the rate hike path to be data-dependent and measured. she told cbs that abrupt and aggressive action can be stabilizing. data still favors the first increase in march, but is not pushing for back-to-back raises each month. she also says it is too early to put a number of rate hikes. the st. louis fed president advocated for three by july. hong kong reported a record 2000 preliminary positive covid infections that threaten to overwhelm its health care system. according to authorities, the number of cases exceeds hospital capacity, and priority will now be given to the elderly and children. the government also warned that supplies of fresh food will be hit due to border closures, after some drivers tested positive. canada is hurrying to reopen the ambassador bridge after a five-day protest against vaccine mandates shut it down. authorities started clearing demonstrators on saturday, before working to remove barriers erected at the site. which traffic is impor

. ♪ vonnie: i'm vonnie quinn the first word headlines.resident biden says a major terrorist threat has been eliminated during a raid in syria. an islamic state leader was killed during the assault after he detonated a suicide bomb as u.s. forces closed in. he took over as leader of the terrorist organization in 2019 and u.s. intelligence say they have been tracking him for months. pres. biden: last night, operating on my orders, the u.s. military forces successfully removed a major terrorist threat to the world, a global leader of isis. vonnie: the u.s. is warning of a block by russia in order to justify an invasion of ukraine. intelligence officials say the content shows a reportedly ukrainian attack on russia or russian-speaking people that would warrant sending troops across the border. the kremlin has repeatedly denied plans to attack ukraine. the president of the international olympic committee has played down concerns about the safety of chinese tenants. she can move freely in her home country. critics, including u.s. house speaker

i am vonnie quinn. this is bloomberg.e continue to see downside pressure, as bloomberg has learned that nvidia is set to withdraw from the acquisition of softbank's arm. that would be the $66 billion sale of the chip group to nvidia, softbank planning to proceed with the arm ipo in the financial year of 2022. we are also learning that the arm ceo is stepping down and will be replaced by rene haas, head of the company's intellectual property unit. softbank's ceo has faced some challenges the last few months. we are hearing softbank plans to proceed with the ipo, while nvidia is said to withdraw from the acquisition of arm. take a look at lg energysolutions. its largest ipo ever. their operating profit for the fourth quarter came in at 75.7 one. we see some upside for the stock. we are watching that stock in the korean market. still ahead, we speak to the executive chairman of a canadian tourism corporation. up next, the u.s. and japan announced an agreement to end steel tariffs imposed by president donald trump. details ju

vonnie: the u.k. is putting more troops on standby to support nato in the event russia invades ukraine. government officials say the additional 1000 soldiers would support humanitarian response in the region should it be needed. prime minister boris johnson is set to meet the u.n. secretary general later. the u.k. is also excited to set out sanctions legislation as soon as today. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg. yvonne: we are taking a look at cattle shares right now in shenzhen. the tesla suppliers plunging as much as 8% or more. this is back to lows that we saw about four months ago, but falling the most since july of 2021. so, there has been some reports and speculation that the u.s. could be imposing sanctions on the company. what we are hearing is that they are saying it is false information that the company consults about the possibility of those sancti

i am vonnie quinn. this is bloomberg. rishaad: i guess -- thanks, vonnie.d-19 cases. health officials saying they are facing a critical situation and are considering further restrictions. let's get the latest and get to the chief north asia correspondent stephen engle in the territory. is this covid zero becoming a pipedream? stephen: well, you know some would say it was successful up until this latest omicron outbreak. they kept hong kong fairly safe with few un traceable cases but that is not the case now over the last month, especially the last three days and you are right. numerous local media, not necessarily citing where they got the information but there are reporting today that the government will likely announce more than 600, the south china morning post is saying 614 new cases that will be announced later today. if you add that up to 342 that we have reported yesterday and 351 reported on saturday, that is 1307, plus another 300 or so cases that are said to be preliminary positive. we could be talking about 1600 different cases reported over the

shery: let's get to vonnie quinn with the first word headlines. vonnie: the st. louis fed president says the central bank may need to raise rates above 2% to curb inflation. he called for the fed to hike by 100 basis points by july. he also said policymakers need to be prepared for the risk that price pressures may persist. >> if you wanted to put downward pressure on inflation, you have to get to neutral and go beyond. i think that is a major concern of mine. we are not an a position to do that right now. we have to get in a position to do that. at some point. in case inflation does not moderate. vonnie: police in canada's capital ottawa are cracking down . officials say only those with a legitimate reason can enter the area and unlawful demonstrators must leave. canadian banks are being sent the names of protesters. sources say lenders are waiting for instructions on how to handle their accounts. japan is rolling back border rules. from march 1, new foreign entrance not including tourist will be included up to 5000 new arrivals per day. the prime minister wants

let's get to vonnie quinn.ssessed the situation with your grade is showing that europe is face to be a long-term crisis over russian aggression. a secretary-general says russian president vladimir putin so i say massive invasion force her in ukraine, adding there is no proof of de-escalation with moscow's military buildup debuting. christ moscow is rated -- cracks-- introduce so by using force. i regret to say this is the new normal in europe. vonnie: taiwan's latest risk assessment says that china is too focused on body politics -- party projects. according to a survey there is a low risk of attack on beijing. the u.s. warned china may -- obligation to malaysian everly's new -- raised a new delhi record. that compares to the baby as i have 25,000 back in august. the country is grappling with the omicron variant as our neighbors such as thailand where governor evers writes five month and thi malaysia's fully vaccinated 80% of the population. a former southeastern jail and said former executives knew that -- was

on vonnie quinn. this is boom -- i'm vonnie quinn. this is bloomberg. haidi: let's take a look at some of the movers pretty volatile session when it comes to qantas. that stock is falling after the first half results indicating a bumpy recovery. watching more broadly some of the tourism and travel shares in australia but we did see on the optimistic side, a return to domestic capacity to almost 100 sent in june. qantas is off the session lows should sigma -- the session lows. this after the engineering construction services company is to receive an unconditional and final takeover bid to buy the rest of the shares it does not already on. 22 australian dollars per share in cash. we continue to be in the thick of earnings. full year net income, 22.5 million dollars. one of the underperformers. they collect and label images, text to speech audio and other data for artificial intelligence systems. that company down 15%. will be hearing from the ceo of qantas to talk through the results. talk through the impact of australia's international border real thing

i am vonnie quinn.ery: up next, lockheed martin's tim cahill joins us from singapore to discuss the defense contractor's hypersonic weapons ambitions. this is bloomberg. ♪ ♪ >> >> [indiscernible]we cannot expect international travel to return to 2019 levels. shery: let's return to the singapore air show where our chief international correspondent for southeast asia is standing by withur next guest. >> let's delve deeper into the industry. lockheed martin senior vp joins us right now. good to have you with us. as we speak, we know that tensions are escalating in ukraine. geopolitics, the news of today pretty much. is that prompting greater demand for weapons? what are you seeing at lockheed? >> certainly -- and by the way, it is wonderful to be with you. certainly, events like ukraine and elsewhere in the world bring attention to this. i think there is longer term trend. there's a lot of entities began small who are threatening security in a lot of different ways. there using high-tech not -- hi end tech

i am vonnie quinn, this is bloomberg. yvonne: still ahead on bloomberg markets: asia, conversation with stock exchange president on the country's digital exchange plans. up next, we will break down the key announcements from the singapore budget on friday and how those moves are affecting markets this morning. this is bloomberg. ♪ >> all its glory, index down about 3/10 of 1%. pretty well supported right now. singapore finance minister will unveil his third budget friday with the government looking to recoup revenue after spending billions to combat covid the past two years. some key measures from the budget to achieve that led by two stage hike to 9% by 2024. singapore will also raise taxes on top income earners as well as some companies and luxury cars. the government will issue $35 billion of green bonds by 2030 to find green infrastructure projects. yvonne: yeah, just some stocks here on watch. on the back of that budget here, watching the s&p given that gst also when it comes to the developers, given that that is par

let's get you to vonnie quinn. president emmanuel macro -- after a five hour meeting with the russian leader, macron said boudin agreed not to take any new initiatives and withdraw with -- withdrawal russian troops from belarus. the kremlin declined to comment on any assurances, saying russian troops were already do to leave this month. the u.s. department of justice says it seized $3.6 billion of bitcoin stolen during a hack in 2016. officials have arrested two people in connection and -- nearly 12,000 bitcoin. the doj says this is the largest financial seizure ever and proof that cryptocurrency is not a safe haven for criminals. canadian lawmakers have expressed worry about the economic impact of protests that have locked countries -- block to the country's link to the u.s.. truckers protesting vaccine mandates have paralyzed the bridge which carries 25% of trade between the countries. justin trudeau warned the demonstrators are hobbling the economy. demonstrators say they won't leave until covid mandates are lif

i'm vonnie quinn. this is bloomberg. >> we are hearing from the japanese prime minister speaking about the increased sanctions that japan is imposing on russia saying they will continue to coordinate with the international community on future sanctions. also mentioned some of the targeted sanctions being related to semi conductors in particular as well as the impact on energy supplies. the russian sanctions do not impede the implement steps to ease the burden on gasoline prices. that is huge when it comes to the inflation picture. just announcing these broader sanctions on russia. sanctions that already included things like the issuance of russian debt in japan. now they include semiconductor exports as well as raising -- the prime minister speaking at a press conference in tokyo. he says russia's aggression in tokyo is unacceptable. we are expecting more details from the responsible ministry. lots more to come on daybreak asia. this is bloomberg. ♪ haidi: today we will be focusing on domestic migrant

let's get you to vonnie quinn. vonnie: thank you.ecurities regulator vowing to do more to deepen reform in the debt markets. in a statement, the securities regulatory commission highlighted plans to examine bond issuance, registration and to open up further to foreign investments. china could see another record year in 2022 driven by the ongoing debt crisis in the properties sector. indonesia central bank may start selling government bonds both to support stimulus spending during the pandemic. they used so-called burden sharing programs to allow direct purchases of $58 billion worth over three years. such programs are controversial because they can edge out foreign investors. -- governor told bloomberg about potential plants to unwind debt monetization from next year. >> if in the future, debt will be the supply of government bond as compared to demand from forint -- [indiscernible] if the supply is limited, we will be -- to also raising -- our government bond. i think that will be the faucet future. funny because winter olympics hav

vonnie: thank you.iden has imposed more sanctions on russia with the aim of imposing a severe economic cost. speaking from the white house, biden laid out penalties including blocking major russian banks and cutting the country off from chips and advanced technology. however, biden is not barring russia from the swift international banking network for now. sources tell us the white house is also holding off on sanctions and aluminum. >> we will limit russia's ability to do business in dollars, euros, pounds and again. to be part of the global economy. we will limit their ability to do that. we are going to study the ability to finance and grow the russian military. -- we are going to stunt the ability. we're going to impair their ability to compete in a high-tech toy for sentry economy. we have seen the impact of our actions on russia's currency. was earlier today, hit its weakest level ever. ever in history. vonnie: russia's invasion is called getting efforts to revive the iran nuclear deal with moscow

this is bloomberg. ♪ shery: vonnie: -- this is daybreak: asia. i'm vonnie quinn.mir putin says he's hoping for a diplomatic solution to tensions with the united states and its allies. geeking from the kremlin, putin announced a partial pullback of thousands of troops stationed near the craney and border. , however he warned moscow is waiting for the west to address ukraine never join nato. he surprised data indicates the fed be more aggressive raising rates. cpi rose to 9.7% year on year in january, reflecting broad increases across several categories. it indicates inflation pressures in the production pipeline are main intense and will filter through into the final cost of consumer goods and services. senate republicans have blocked a vote on president biden's fed nominees. republicans say raskin has not addressed questions about her role at a fintech company and has been criticized for saying the fed needs to do more on climate change. senate minority leader mitch mcconnell said biden should find a better, more mainstream nominee. a combined audience of over 112

vonnie: u.s.awmakers say the progress iran is making with its nuclear program, even as talks continue to cap efforts. they focused on how long it would take for iran to produce nuclear weapons and lawmakers from both parties expressed concern about the timeframe. it is not clear if the u.s. and tehran are close to resuscitating the accord. -- they are blocking the ambassador bridge. talks on going with several groups, in an effort to get them to leave voluntarily, the bank of canada says extended shutdown of this bridge because of protests could worsen supply-chain snarls. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg. haidi: let's take a look at some of the movers in the early part of the asia session, anp the embattled manager in australia. upsides my comes to its stocks to the tune of free percent. they confirmed interest from at least one potential buyer, the mana

i'm vonnie quinn.berg. >> still ahead, we will discuss the commodities run with ubs global wealth management's dominic schnider. next, the latest on the deepening tensions for ukraine after u.s. president biden's inconclusive call with vladimir putin. this is bloomberg. ♪ >> there is a distinct possibility vladimir putin would order a military action and invasion of ukraine in this window, in this time period. that could include the time period before february 20, before the old and picks have been completed. >> i want to be crystal clear. we are not saying a decision has been taken. what we are saying is that we have a sufficient level of concern based on what we are seeing on the ground and what our intelligence analysts have picked up that we are sending this clear message. >> national security advisor jake sullivan warning russia could take action in ukraine as early as this week. russia has publicly denied its plans to attack. president biden has also told ukraine the u.s. and its allies would act

let's get to vonnie quinn. vonnie: u.s. secretary of state antony blinken and french foreign ministers held talks about ukraine on sunday ahead of emmanuel macron's trip to moscow and kiev. they discussed moves to strengthen nato and efforts to deter russia from invading. the french president said he was confident about reaching a deal to avoid war. he also said concessions may have to be made to russia. boris johnson's removal from office is being called inevitable by a member of the conservative party. charles says he wants johnson to have some agency in his departure. the prime minister faces a flurry about it over reports of downing street parties during lockdowns. the sunday times says johnson will hold a no-confidence vote soon. china has reported 10 new covid infections inside the olympics for a risk of the infection counts on sunday that are almost a quarter of the level 24 hours prior when the pickup was awarded with no personnel arriving to the games. aging has isolated nearly 3000 athletes and participant -- beij

vonnie: thank you. chinese state media reports the president is ordering hong kong to use all means to tackle the covert outbreak. the city reported more than 1600 new covid cases tuesday and about 5400 per luminary infections. the commentary is unusually direct. the government has little room to deviate from its covid zero policy. hong kong is sticking with plans to avoid a citywide lockdown. the top police chief in canada's capital has reportedly stepped down after drawing criticism for its proposal to anti-vaccine mandate protests. demonstrators continue to halt traffic in western canada even after the prime minister used emergency powers to end blockades. audit was police have been reluctant to loosen it -- use these new powers. the latest u.s. producer price data is bolstering the case for the fed to be more aggressive in raising rates. cpi rose above estimates to 9.7% year on year in january, affecting broad increases across several categories. inflationary pressures in the production pipeline rem

i'm vonnie quin, this is bloomberg.haad: russia have been casting doubts on french president micron's comments that they will not further escalated tensions. let's get straight to bruce einhorn. a lot of mixed messages coming out of this last flurry of diplomacy. >> it stems from a meeting the french president had with vladimir putin. after that meeting, officials were talking it out, saying president macron had received assurances from president putin of no further exclamation. they later walked it back and said it was a conditional commitment and the situation could change. president putin's spokesperson would not comment on assurances about military deployments. troops are scheduled to leave belarus february 20. that is something they have confirmed. following up on his visit with president putin, president macron went to ukraine to meet with president zelensky. now in germany, where he met with chancellor schulz and the polish president. a lot of diplomatic activities. unclear where things go after a bit of uncertai

i am vonnie quinn.his is bloomberg. ♪ rishaad: getting back to ukraine, and of course to the closing of the russian airspace many european airlines has so far spared russian carriers. they had a much lower recovery from the pandemic than their peers. let's get to angus. countries like finland and finnair really depend on a lot of traffic going over russia. but a lot of traffic going from east to west has two go over that airspace. what does it all mean? angus: you are right. asian carriers, at least for now, seem to have escaped the worst of the fallout compared to the e.u. the e.u. its airspace to russia -- closed its airspace to russia, which in turn closed off its airspace to a host of european countries. but, as you say, asian carriers, as far as we know as of sunday at least, i'm still flying over russia. that includes cathay pacific, air china, just because it is such an enormous landmass and airspace that he would be very difficult for asian carriers to avoid that on the intercontinental wrote. h

i'm vonnie quinn, this is bloomberg.ght, we are just getting a gauge of some of the numbers. these forward indicators for a number of asian economies. of course, this coming at a time of uncertainty for not just the regional and global economies as we look to potentially inflaming inflation in this part of the world when it comes to energy prices. the commodities complex being impacted by the escalation of tensions and of course russia's invasion in ukraine and the impact of these sanctions that are now being wielded. we are seeing japan coming through with a number that is slightly higher than expectations when it comes to thailand. we see a pullback, of course we know when it comes to the services sector in particular, that it will be impacted by some covid controls. taiwan seeing a little bit of a bump up from the previous -- a little bit of a pullback i should say from the previous reading. in malaysia, we are seeing some upside there as well. across southeast asia actually it is a mixed picture as we see indonesia n

vonnie: the u.s.ission said the policy response to the meme stock mania of 2021 is coming next week. this would be the most direct response yet to while treating -- wild trading of the likes of amc and gamestop. >> is about the plumbing of the stock market, what is called clearing and settling, and how we can take some risk out of the system, and also last year, the retail public found that they were foreclosed from trading. vonnie: global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 analysts and journalists in more than 100 20 countries. i'm vonnie quinn. haslinda: all right, indian stocks trading in about 10 minutes or so. looking at what investors are watching today, a top finance official says a draft prospectus for an ipo could be filed as early as next week. also, an appeal will open for subtraction, and speaking of earnings, we expect to hear from the likes of tanis steel. rishaad: proud light is leading supplies of energy equipment. the company out with thir

i am vonnie quinn. this is bloomberg.a: still had at this hour, try bondage capital cells off and we see opportunities from financials being supplied. this is the broadest move since 2020. also ahead, steve johnston walks us through the organization's have a year result. keep it with us. this is bloomberg. ♪ rishaad: this is bloomberg markets and we look at the sinking feeling towards china. the benchmark is up by 2%. we are seeing this benchmark index raising after all of its gains on monday. we have a broad selloff continuing investor caution about what is happening market wise. health care is one of the biggest losers in the broader market. the u.s. department of commerce adding some 33 entities in china. we have been hearing about wuxi biologics and that company did see its stock suspended. tech also down 2% did -- 2%. it is something that we are closely monitoring when i say tech because we are also looking at some conductors. haslinda: nvidia said to be abandoning its projects on softbank. asia tech editor is here w

i'm vonnie quinn. this is bloomberg. shery: still ahead, we will break down the latest results from meta and amazon. up next, j.p. morgan's global research chair will tell us why she is expecting five hikes from the fed starting in march. this is bloomberg. shery: brazil is extending the world's most aggressive tightening cycle. our next guest says markets have a lot to learn about the fed balance sheet normalization. always good to see you. give us some of your insights of what markets and investors should be watching as we continue to see these global central banks moving toward normalization and tightening. >> the point i would make is that this time it's different. it's the higher inflation and the type labor markets. we still have inflation risk because of higher wages, housing prices. we have revised our outlook for the fed of five rate hikes this year and two more in the first quarter of 2023. i think normalization process for balance sheets starts in july. this is the end of qualitative easing. there is still a l

i'm vonnie quinn. this is bloomberg. shery: still ahead, or analysis on the ukraine invasion fallout on the energy markets. we'll see what the ceo of the american petroleum institute to say. up next, a conversation with the president of rbnz on monetary policy. this is bloomberg. ♪ >> markets are somehow doing the job of the central bank. >> they will probably respond to this. >> the fed will have to be really cautious and what they do and figure out how to navigate this. caroline: how the situation ukraine affects the broader monetary policy picture. the reserve bank in new zealand raised interest rates for third straight meeting and the rbnz set to take an even more hawkish stance in the year had to contain inflation. kathleen hays is standing by with a very special guest. kathleen: adrian or is the governor of the reserve bank of new zealand, joining us now from wellington. very important time in many ways. certainly your decision to speed up rate hikes reverberated not just through the new zealand market but through

vonnie: the st. fed president supports raising rates by a full percentage point by the end of july. he says it requires a big response to inflation. traders are pricing in six hikes this year with 50% chance that rates will be raised 50 basis points next month. there are signs that pressures are easing and he is optimistic about the economy. cpi rose to a four decade high reflecting broad increases in costs for food, literacy, and housing. inflation has become a major political headache with republicans blaming his relief bill for fueling price gains. the u.k. has published new regulations which strengthens the government's power to impose sanctions on russia if it were to invade ukraine. in the u.s., russian sanction talks have come to an impasse in the senate. opec says the recovery in global oil demand could surpass its forecast this year. in its latest report, the cartel says global fuel use could grow by more than the 4.2 million barrels per day that it currently projecting this year. any additi

i'm vonnie quinn, this is bloomberg. rishaad: still to come, we got bhb group reporting record profit and boosting its dividend and a strong start to the opening for australia. mike henry joins us for more. up next, one of boeing's key businesses is converting passenger aircraft into freight plans. discussing the outlook, president ted at the singapore air show. this is bloomberg. ♪ rishaad: you are back with bloomberg markets. let's have a look at the latest headlines. singapore-based see dropping, it is the biggest intraday decline on record. it comes after india banned apps on their platform including marquee title free fire. sources telling us the move is on security grounds with india, saying all apps are of chinese origin. bloomberg intel is closing in on a $5 billion deal to provide tower semiconductor. it is part of intel's pushing into the chipman infection business. semi shares jumping as much as in trading. it competes with tsmc but is much smaller. haslinda: well, we are at asia's largest aerospace gathering,

let's get to vonnie quinn. vonnie: canada is preparing to open the ambassador bridge after a five-day protest against vaccine mandates shut it down. authorities started removing protesters. bridge traffic has been impacted on both sides. $14 million an hour in traded goods lost. san francisco fed president is calling for the rate hike pass to be data-dependent and measured. she told cbs that abrupt and aggressive action could be destabilizing. she still favors a first increase in march but is not pushing for back to back increases. and it is too early to put a number on the rate hikes for the year. pakistan is warning that afghanistan could dissent into chaos on threatened regional instability. as khan pointed to the u.s.'s refusal to recognize the taliban. he says foreign governments have no choice but to work with these groups to avoid a further crisis. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quin

for now, here is vonnie quinn with the first word news. vonnie: haslinda, thank you. the st.ed president james bullard supports raising interest rates of four percentage the start of july. in an interview he said that the inflation is running at its hottest in four decades and requires a big response. however he is undecided on the amount of the first hike in march. traders say there is 50% chance the rates will be raised 50 basis points in march. the rebound in activity and travel from the pandemic gathered pace. the oil cartel said global fuel use could grow more than the 4.2 billion barrels a day it is projecting for 2022, and an additional bump in demand could strain opec, with several members already struggling to meet current output targets. the reserve bank of australia plans to remain patient on policy until it is confident inflation institute abiy within the 2% to 3% target band. the governor said there are risks with moving too early, including stoking unemployment. the rba is an outlier in much of the developed world, where policymakers are signaling plans to raise

i am vonnie quinn. this is bloomberg. yvonne: let's look at the key stories out of southeast asia. indonesia is about to get fourth-quarter account balance data in half an hour. tidelands parliament is holding a debate on an opposition-sponsored censure motion against the handling of the covid in the economy by the government. in singapore with spending priorities for the year in its annual budget presentation. those are some of the key points that the finance minister will address. haslinda: it is fiscal prudence after spending a lot of money supporting the government, supporting the economy and all the sectors that need help, not to mention the people as well, so it is building the coffers again, so we are expecting some increases. there will be a change from 50 to 7% to 9%, whether it will be a one time jump toward in phases. also, possibly a wealth tax. we know the government has been speaking to wealthy people in singapore to gauge whether they can maintain the capital in singapore without causing that outflow. that

let's get over to vonnie quinn. reporter: boris johnson's from office has been called inevitable by a prominent member of the conservative party. in an interview with the observer come he says he wants johnson to have some agency in his departure. he faces a grilling tory rebellion over reports of downing street parties during lockdown. johnson will hold a no-confidence vote soon. hong kong reported 342 covid cases on sunday. or than double the previous record. all of the latest infections were local with about 40% untraceable. health officials say there are invisible transmission chains and the community. further social distancing measures may be announced on tuesday. australia is planning to reopen its borders to international forests as soon as possible -- tourists as soon as possible. following a report saying tourists would be allowed back into the country at the end of february. the government is gathering information and could be close to a decision. australia has closed its borders for more than two years. g

i'm vonnie quinn. this is bloomberg haidi: get back to one of our top stories. crisis over ukraine. joe biden says he is convinced vladimir putin is planning an attack. >> as of this moment, i am convinced he has made the decision. haidi: our next guest is concerned russia may be using a false flag operation as a pretext to invading ukraine. turning us now is the senior lecturer at the university of sydney. always great to have you with us. how do you decipher what is going on on both sides at the moment? >> certainly as we see the tension over the past week and months, we are reaching this fever pitch state and really we are at a pinnacle of the crisis. we have heard from u.s. president biden that the intelligence community has now basically come to a conclusion that vladimir putin has decided to launch an invasion into ukraine. the question is whether vladimir putin will follow up on this and make this come true or whether we will see some sort of last-minute diplomatic turnaround. obviously the situation on the ground is very grim. we have to understand that

natoya if you kept in the, you know, ah, he be vague. fish in i know the stones or all by august was vonny my stuff with and they're all paul clar mitchell, artist of the was on the choice advisors land in fulton, let's embellish mit in. i'm my new of leon. tom. an investigation against mark was launched after the film was released. what the journalist had reported was not in line with the west's official stance as gap and little so fond of king miss. they are butcher in landscape dean's touch. done with me have a chef dish and stuff. how social is that is all missionary moved beside the point of time over here through a title order without an issue. more eyes were done. it was a shaw pope. i got this to the end of their payroll. i was off there. guy. it's listed as chemist on your dog estate is over on these are these are film, jordan, my name and see me. shock fight that i watched. boy in demand off. nish, mark, he used his film to tell ordinary people the truth as he saw it wasn't for the authorities . you can't bring truth to those who don't want it. or clearly where the rubber band ar

i know the stove, the or, or by august was vonny my stuff with and they're all paul clar mitchell, artist of the was army choice and by use land in fulton, let's embellish mit in. i'm my new of leon hub. ah, an investigation against mark was launched. after the film was released, what the journalist had reported was not in line with the west's official stance. as gap and middle stefan of king miss, they are butcher in landscape dean's touch, done with me every shaft dish instead of her social issue. that is all missionary moved beside the point of time. albert here for satan. laura would i'll send her arbiten shirt more eyes done. i was a shaw papa gotten this to the end of their payroll as of their guides list of his classmates done yet. doug estate is often these are, these are themes, jordan, my name and see me shock fight that i watched boyer in m and off nish, mark, he used his film to tell ordinary people the truth as he saw it wasn't for the authorities . you can't bring truth to those who don't want it or clearly where the rubber band or people are reviving. naziism, there's no co

if you keep a, you know, with cbre week dish in, i know, restore the all buying business vonny my stuff with bill paul clar, mitchell, notice of the was on the choice advisor slant indian fulton, let's embellish mit a 9 my new of leon. tom, an investigation against mark was launched after the film was released. what the journalist had reported was not in line with the west's official stance. a gap and middle so far off king miss. they are butcher in lance, climb, deans topsy, stomach membership, digital stuff, how social is that is or missionary move beside the point of time over here for i to order. what i'll send on saw button is sure eyes were done. i was a shaw pullback on this today and on of their payroll as of their guides listed as came extend your diag. a state is often these are, these are theme jordan, my name and see me stock fight that i watch. boy, in demand off, nish, mark, he used his film to tell ordinary people the truth as he saw it wasn't for the authorities. you can't bring truth to those who don't want it. or clearly where the rubber band or people are reviving. na

and the question could be was not really all of the live as some technical issues regarding mr. vonny phillips, my response i need i need to put in many opportunities. i made this position clear regarding only a few which left with the fail. i'm did, i should have the option to answer your question, much of the beard. we're stuck with dealing with this that will move into a shadow and we are based on the real circumstances. i used to work with scott. the feed is breaking up. this is the interpreter talking, the feed is breaking up and i can't hear anything door to the 3 to not talk. and i was quoted today, but can you talk it as i said, you know, when, when i mean, if we didn't 3 minutes or so, but to go, what nationally, part of your, i mean, but you have a pro, some category when they will be made diplomatically that you might just keep which are in the but we need to know this patient is a person staring here at the show you another machine. yeah. well, you mean to deployment of military infrastructure yet, elimination since 997 and ship. i'm going to buy new assault weapon systems

health and that i'm much more aware of things and can take joanne numbers here, wilkins, unless often vonny molten, so pointed on, choosing not to follow doctor's recommendations, is a risky cheated bullet. his case is certainly an exception, but it's a hopeful, ah, let's continue with more unusual ways to heal body and soul with a little help from some animals. hippo therapy is a kind of physical therapy on horseback. it's used to treat everything from paralysis to p. t. s. d and autism therapy dogs help people suffering from speech disorders or depression. while camel's assist with burnout and parkinson's disease. and if you thought that sounded strange, how about these little creatures? our next report is all about the healing power of snails. introducing hilda otto dahlia and liza latter with their giant african snails and their therapists and shooting there also miriam, shaggy hoskis and pride and joy. she runs an animal assisted therapy farm shackles and her kind of quarter to use. nails aren't very cuddly smack, but they're not demanding and they can be very therapeutic and do it. ye

in rural port is former eyes girl student naomi care, vonnie. hello naomi li. look at this play. stoney village inspired inspired stack boxes. no inspire to shape young minds to solve supply chain problems. to ask questions like, where is the bathroom or is there a bathroom? is that what the kids are doing? an amazon class learning how to fix the supply chain? well, i hope someone's doing it mama needs her cough. syrup, of course is actually brand new and 2019 amazon donated a whopping $50000.00 to create the amazon logistics and business management pathway course. in san bernardino high school. it's the 1st of its kind series of courses in ended that help students get a head start in career in logistics. so they study logistics. whatever that means. it's like geography. you can learn a lot by following a can of spray tan from beijing to tallahassee. and it's basic business like managing labor unions, managing bad press to learn why mergers and acquisitions are important to a company's overall growth. these lucky students will be so prepared to start their own

for more on this raging controversy, we go to redact correspondent, naomi care vonny. ah, the re trial of per cost. her amman is underway in queens, new york, when for cash was 15 years old and knew nothing about the legal system. police extracted a murder confession out of him, though there was no physical evidence. now 22 years old, having grown up in the prison system, he's ready to throw away a generous. please feel that would have set him free to prove his innocence at another trial. besides the dubious confession, the only other evidence against him is 174 year old. your witness? any or witness? yes, your witnesses are not that reliable. that's probably why i will never have a show called your witness news to night on ear. witness news. is that a murderer getting away or is it a cat rustling a plastic bag? june in at 530 to wonder with us. what happened? 22 percent of people accused of homicide gave false confessions. children are almost 4 times as likely as adult to confess to crimes. they didn't commit. the number of williams confessions among young people has

so we have a statement from the internet from the russian skaters union, which maintains vonny was in a sense, and this is what they had to say. the russian figure, skating federation doesn't doubt the honesty and integrity of its athlete. we will make every effort to clarify the circumstances of what happened and will provide the athlete with the necessary comprehensive assistance and support another absolutely key moment that our viewers have to understand in this case was something that most of the media pundits here on the side in beijing are completely fading jaundiced fan branding, russia, and believe as diverse that this probe was taken by the russian anti doping agency . it was also the russian anti doping agency which on february 8th, when the positive result came back from that probe, immediately suspended. val eva from further participation in the olympics, the athlete and her entourage, a field against that decision, asked for an expedited process. and just a day later on february 9th roadside that reversed it's a temporary suspension and allowed, i believe, or to particip

opponent, is back on trial and could have his jail time extended by more than a decade. alexander vonny is accused of stealing more than $4700000.00 of donations to his political organizations. in what human rights groups have branded a sham trial, a closed door hearings are being held inside a maximum security prison. 100 kilometers outside moscow is my union of al nay. i was up to date tuesdays hearing after demanding access to the proceedings. lavonne is already serving a tune, a half year jail term for a previous fraud case. he originally got a suspended sentence, but prosecutors accused him of violating its terms. when he was treated in germany for a poison attack, he blames on putin and he was arrested as soon as he returned to russia in january 2021. he also faces up to 6 months in prison for contempt of court during one of his hearings last year. about these particular organizations across russia have been declared extremist and banned, forcing many of his allies to flee the country. gregory, for all of his vice president of the free russia foundation, he joins us now from levin