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Sep 21, 2023
09/23
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does this reflect the divisions inside europe? tell us how you read it. >> they say it is a real shift. i would say it to me, actually, the more important shift is the one on eu enlargement. to me that is more from the french side, the french have been known to block un and lodgment for a long time, there's a debating europe about deepening the union, whether you and large it, people say you can do both simultaneously. there was a division in europe because the strength of the eu is open in its capacity to absorb and the french are more, we need to go to a closer union. something the brixton like and was part of the debate. they didn't want this idea. the idea france has endorsed ukraine coming in but also muldova, they are threats to security on the question buy russian forces. the fact the french have moved on this is interesting to me. emmanuel macron sees this as a moment he can champion his idea of european sovereignty even more. that we are going to do this, the western balkans right there. looking at the union of 35 member
does this reflect the divisions inside europe? tell us how you read it. >> they say it is a real shift. i would say it to me, actually, the more important shift is the one on eu enlargement. to me that is more from the french side, the french have been known to block un and lodgment for a long time, there's a debating europe about deepening the union, whether you and large it, people say you can do both simultaneously. there was a division in europe because the strength of the eu is open...
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Sep 1, 2023
09/23
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announcer: the countdown is on in europe. this is "bloomberg markets: european close" with guy johnson and alix steel. dani: 30 minutes to go until the end of the cash equity trade. we have pulled back from the most dramatic moves. the stoxx 600 is not even up .1%. it would be down if you strip out energy names. the only thing supporting us at the start of a new month is no longer receiving a bid. it is one of the big laggards of the g10 space. this is a good read on how much this market has decided to flip post jobs report. are we poking holes through it or looking at things like manufacturing in the u.s. to decide maybe the fed is not done? is the boe done? we were starting to price out some hikes from the boe post american labor report. that has also started to undo itself. we are still buying bonds. alix: have to point out as we head into a long weekend in the u.s., maybe there is some de-risking off the initial positions. the s&p is up by .1%. we were up more after the jobs number. manufacturing came in better than estim
announcer: the countdown is on in europe. this is "bloomberg markets: european close" with guy johnson and alix steel. dani: 30 minutes to go until the end of the cash equity trade. we have pulled back from the most dramatic moves. the stoxx 600 is not even up .1%. it would be down if you strip out energy names. the only thing supporting us at the start of a new month is no longer receiving a bid. it is one of the big laggards of the g10 space. this is a good read on how much this...
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Sep 18, 2023
09/23
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europe. europe's side of that bargain will be to probably have to come over to washington's side more in terms of the threat perception of china derisking economically from china, and it would probably remain dependent on the united states for its own security. and right now i think that is a prevailing approach from the biden administration in washington and transatlanticall transatlantically. i think that that is not going to put the alliance on a good footing to secure its goals in five, ten, 20 years because i think it is past time for europe not to be dependent on either the capabilities or the willpower of the united states to come to europe's rescue in a moment of crisis. the fact that we're sitting here and talking about contemplating donald trump returning to the white house in a little bit more than a year should be very telling in that regard, but i think it would also be a mistake to get fixated on the figure of trump himself. there are some deeper reasons why i think the united s
europe. europe's side of that bargain will be to probably have to come over to washington's side more in terms of the threat perception of china derisking economically from china, and it would probably remain dependent on the united states for its own security. and right now i think that is a prevailing approach from the biden administration in washington and transatlanticall transatlantically. i think that that is not going to put the alliance on a good footing to secure its goals in five,...
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Sep 24, 2023
09/23
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BBCNEWS
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europe continue their reign in spain. a thrilling tie against the usa sees them keep hold of the solheim cup. these girls, they play with their heart and soul and i couldn't be more proud, so what a come back and what a sunday. scotland have claimed a bonus point to keep their rugby world cup quarter—final dreams alive. wales fans are one win away from the last eight. will their fans be singing after the match against australia? also coming up on sportsday... honors even in the first north london derby of the season son strikes twice for spurs. and max verstappen bounces back injapan as red bull seal the formula one constructors�* title. europe have retained the solheim cup after a thrilling finale in andalusia. it was 8—8 against the usa heading into the final day and nothing could separate them in the singles either. home favourite carlotta ciganda the heroine turning her match around against nelly korda for the crucial point. it finished 14—14, the first tie in the history of the event, and as holders, europe k
europe continue their reign in spain. a thrilling tie against the usa sees them keep hold of the solheim cup. these girls, they play with their heart and soul and i couldn't be more proud, so what a come back and what a sunday. scotland have claimed a bonus point to keep their rugby world cup quarter—final dreams alive. wales fans are one win away from the last eight. will their fans be singing after the match against australia? also coming up on sportsday... honors even in the first north...
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Sep 7, 2023
09/23
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BLOOMBERG
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is this good for europe or bad for europe? there's a whole different range of ways of looking at it. eddie: we've got to figure out why tech is in trouble. that's one thing. if it's about this iphone story and china trying to decouple its tech from the u.s. the way the u.s. is decoupling from china saying were not in a buy your high-end consumer iphones and so on. i actually think that's quite good news for europe because i think that means they're still been a need an offset for their phones and they're going to want to try and sell it to the european market. bill want good relations with europe. at the same time will europe necessarily want those phones? there's been a bit of animosity on that side. it's a very complicated question. that story is better news for europe than the other one. the u.s. is continuing to raise. alix: maybe they can sell their phones of the chinese by their ev's. eddie: i think so. it becomes a horsetrading market. it becomes a market where you say we want access to your consumers to sell our iphone
is this good for europe or bad for europe? there's a whole different range of ways of looking at it. eddie: we've got to figure out why tech is in trouble. that's one thing. if it's about this iphone story and china trying to decouple its tech from the u.s. the way the u.s. is decoupling from china saying were not in a buy your high-end consumer iphones and so on. i actually think that's quite good news for europe because i think that means they're still been a need an offset for their phones...
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i think it's time to make business easier in europe. the but to a team companies also need access to key technologies to innovate, to develop a plan effective basis, a question of your pin supper entity. at the latest underlined invest site, it is an economic of national security imperative to a piece of a european edge on critical end emerging technologies. this european industrial policy also requires common european funding. and this is why as part of our proposal for review of all budget, we proposed the step platform with step we can boost leverage and steer you funds to invest in everything from micro electronics to quantum computing. and a i from biotech to clean tech, to our companies need this support now. so i urge for a quick agreement on our budget proposal and i know i can count on this house and there's more when it comes to competitiveness. we have seen we'll bottlenecks along global supply chains including because of the deliberate policies of other countries. just think about china export restrictions on gallium and gut
i think it's time to make business easier in europe. the but to a team companies also need access to key technologies to innovate, to develop a plan effective basis, a question of your pin supper entity. at the latest underlined invest site, it is an economic of national security imperative to a piece of a european edge on critical end emerging technologies. this european industrial policy also requires common european funding. and this is why as part of our proposal for review of all budget,...
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Sep 29, 2023
09/23
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how important will the home support be for europe?— support be for europe? those eumpean _ support be for europe? those european fans _ support be for europe? those european fans will— support be for europe? those european fans will have - support be for europe? those european fans will have been | support be for europe? those l european fans will have been at support be for europe? those - european fans will have been at the trevi fountain and the coliseum in the days before it started that i anything will beat what they've seen this morning. the ryder cup we know about atmosphere, roaring all over the course, huge galleries around the course, huge galleries around the greens and home advantage is so important because the last team to win away from home was team europe backin win away from home was team europe back in 2012, the last four ryder cup settled on the way the home team and the usa are to change that, they will need some come back now. shaping up to be an incredible weekend. thank you very much. england's place in the quarterfinals of the rugby
how important will the home support be for europe?— support be for europe? those eumpean _ support be for europe? those european fans _ support be for europe? those european fans will— support be for europe? those european fans will have - support be for europe? those european fans will have been | support be for europe? those l european fans will have been at support be for europe? those - european fans will have been at the trevi fountain and the coliseum in the days before it started...
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but moving towards europe in the hope perhaps to get a better life. but one of the main reasons that we find more and more people's opportune for the regular channels is that the regular legal channels to get to your are increasing the increasing the restrictive. so more and more people still wanting to move to your find themselves opting for very dangerous routes, right? as we have seen in recent days. but i'm sure as we'll continue to see throughout the cost of fulton. right. and i do want to pick up on that point in a short moment, but i want to begin by asking you about your strategy, which appears to be sensitive on stopping the flow of people. and that involves agreements with countries. action is yet way we will see the european union pay. hundreds of millions of yours sits and is here in exchange for this and is in government holding people back incident as a you have been critical of that agreement. in particular. can you tell us why? says it's a cost be strategy and it's not a new strategy so which countries are now being involved? for examp
but moving towards europe in the hope perhaps to get a better life. but one of the main reasons that we find more and more people's opportune for the regular channels is that the regular legal channels to get to your are increasing the increasing the restrictive. so more and more people still wanting to move to your find themselves opting for very dangerous routes, right? as we have seen in recent days. but i'm sure as we'll continue to see throughout the cost of fulton. right. and i do want to...
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Sep 1, 2023
09/23
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CNBC
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in europe. that means the purchasing power of a lot of people is lower and more concern of risk and uncertainty and the war at the borders. so, you already see the data. europe's growth is nothing like that in the united states. >> so, how bad is it going to be? are we talking serious recession territory for europe? >> no, i don't think serious recession because the u.s. is good for the global economy. we are still inter dependent. china which was the very big source of growth and recovery from the 2008 recession. >> that was joe stiglitz talking about policy mistakes, especially in the united states. very interesting speaking to the economist from ifos. he said it was a muted phrase. germany is the sick man of europe. his words. i asked if he wasn't overstating the issue as the country tries to diversify the energy source as way from russia. >> somewhere the energy that's come. clearly, without the climate effect, we will have a volatility problem. sometimes there is no wind and sun. dark cloud
in europe. that means the purchasing power of a lot of people is lower and more concern of risk and uncertainty and the war at the borders. so, you already see the data. europe's growth is nothing like that in the united states. >> so, how bad is it going to be? are we talking serious recession territory for europe? >> no, i don't think serious recession because the u.s. is good for the global economy. we are still inter dependent. china which was the very big source of growth and...
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Sep 21, 2023
09/23
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europe wants to be at the forefront of ai. the european union is striving to enact stricter laws to safeguard user data in comparison to its counterparts in the usa and china. in the bulgarian capital, sofia, the eu is investing millions of euros to promote artificial intelligence. researcher dessislava petrova-antonova is among those who are diligently working to shape europe's future in this field. in the center of sofia, this computer scientist is on a hunt. a hunt for data: we are on one of the busiest crossroads in sofia, in district lozenets. district lozenets is our study area. we have six lidar sensors that perform laser scanning of the crossroad. we use this data to monitor the traffic on the crossroad. what's over there? what's that? that's the air quality station. it measures air pollutants, and also noise levels and rain levels, wind speed and wind directions. see the noise levels: during the weekend, there is no noise, because there is no traffic. but now, the noise level is very high. my name is dessislava petrov
europe wants to be at the forefront of ai. the european union is striving to enact stricter laws to safeguard user data in comparison to its counterparts in the usa and china. in the bulgarian capital, sofia, the eu is investing millions of euros to promote artificial intelligence. researcher dessislava petrova-antonova is among those who are diligently working to shape europe's future in this field. in the center of sofia, this computer scientist is on a hunt. a hunt for data: we are on one of...
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the quote for some southern europe. so as that all of these, as far as on irreplaceable, as a source of goods and services, they absorb carbon dioxide, they supply board and then other products, they generate drugs for tile sorrels. they filled to the ad, the water, cuz it seemed like bio diversity and because system services are absolutely essential for all of us in new york. these are not to us. there's lots of to make sure the names doesn't to finally destroy the foundations on life. but and so the feeling of what people consider hire, that is something we must protect the life sciences. and at the same time even submit the size of a missed one. we have to make sure that food security, all stop design is in harmony with nature. like that remains in essential task. and today i would like to express my appreciation to our farmers, the my nanda couldn't, wouldn't mind them. so my appreciation, my gratitude that day by day they are always providing food for us and producing healthy food, of course is the fundamental task
the quote for some southern europe. so as that all of these, as far as on irreplaceable, as a source of goods and services, they absorb carbon dioxide, they supply board and then other products, they generate drugs for tile sorrels. they filled to the ad, the water, cuz it seemed like bio diversity and because system services are absolutely essential for all of us in new york. these are not to us. there's lots of to make sure the names doesn't to finally destroy the foundations on life. but and...
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Sep 29, 2023
09/23
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a perfect morning for europe. _ for a much better start. a perfect morning for europe. what - for a much better start. a perfect morning for europe. what about | for a much better start. a perfect i morning for europe. what about the afternoon? the four balls are under way and so far it's early days, but a bit of a tighter contest, this one. �* , y ., a bit of a tighter contest, this one. x a bit of a tighter contest, this one. ., , a bit of a tighter contest, this one. a ., one. as you say, the four balls are under way — one. as you say, the four balls are under way and _ one. as you say, the four balls are under way and most _ one. as you say, the four balls are under way and most of _ one. as you say, the four balls are under way and most of the - one. as you say, the four balls are under way and most of the match | one. as you say, the four balls are l under way and most of the match is looking a lot tighter so far so in the opening match we can tell you viktor hovland and tyrell hatton are tied with justin viktor hovland and tyrell hatton are tied withjustin th
a perfect morning for europe. _ for a much better start. a perfect morning for europe. what - for a much better start. a perfect morning for europe. what about | for a much better start. a perfect i morning for europe. what about the afternoon? the four balls are under way and so far it's early days, but a bit of a tighter contest, this one. �* , y ., a bit of a tighter contest, this one. x a bit of a tighter contest, this one. ., , a bit of a tighter contest, this one. a ., one. as you say,...
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Sep 15, 2023
09/23
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europe. where it will lead remains unclear. speaking for the issue will be timothy garton nash, homelands, history of europe and our own fiona hill for the united states here at brookings moderated by the new yorker's susan glasser. following this discussion right now, brookings visiting fellow will moderate a panel focusing on europe's past between russia, china and the united states, the global ramifications of the russia-ukraine war and what the sharpening u.s.-china rivalry means to the atlantic security order. we'll conclude with a conversation on democratic governance and global disruptions and western hogemeny. and this discussion will trackle how governments can balance the foreign and domestic policies in the face of crises. we're streaming live and on the record and we'll be talking questions from viewers via e-mail events at brookings.edu or social media using the #us europe and a microphone for those of you in the faulk auditorium. i'll hand it over to susan glasser. looking forwa
europe. where it will lead remains unclear. speaking for the issue will be timothy garton nash, homelands, history of europe and our own fiona hill for the united states here at brookings moderated by the new yorker's susan glasser. following this discussion right now, brookings visiting fellow will moderate a panel focusing on europe's past between russia, china and the united states, the global ramifications of the russia-ukraine war and what the sharpening u.s.-china rivalry means to the...
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Sep 21, 2023
09/23
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LINKTV
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europe wants to be at the forefront of ai. the european union is striving to enact stricter laws to safeguard user data in comparison to its counterparts in the usa and china. in the bulgarian capital, sofia, the eu is investing millions of euros to promote artificial intelligence. researcher dessislava petrova-antonova is among those who are diligently working to shape europe's future in this field. in the center of sofia, this computer scientist is on a hunt. a hunt for data: we are on one of the busiest crossroads in sofia, in district lozenets. district lozenets is our study area. we have six lidar sensors that perform laser scanning of the crossroad. we use this data to monitor the traffic on the crossroad. what's over there? what's that? that's the air quality station. it measures air pollutants, and also noise levels and rain levels, wind speed and wind directions. see the noise levels: during the weekend, there is no noise, because there is no traffic. but now, the noise level is very high. my name is dessislava petrov
europe wants to be at the forefront of ai. the european union is striving to enact stricter laws to safeguard user data in comparison to its counterparts in the usa and china. in the bulgarian capital, sofia, the eu is investing millions of euros to promote artificial intelligence. researcher dessislava petrova-antonova is among those who are diligently working to shape europe's future in this field. in the center of sofia, this computer scientist is on a hunt. a hunt for data: we are on one of...
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Sep 4, 2023
09/23
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CNBC
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in europe, it is much too low. i think europe, in absolute terms, should be coming off here. in relative terms, relative to u.s. equities where tech rebounded aggressively through q2 and now you see the momentum falter, i think relative to the u.s., europe is in a better position. when you look at growth surprises, u.s. is at one extreme which is high. europe is at the other extreme which is low. there should be reversion. european data is extraordinarily unbelievably weak. when you look at german services pmi dropping five points. germany services is not that bad. that makes you feel you should buy equities. equities have ignored the weakness in the data. cyclicals have done well at a time when german factory orders is weak. manufacturing is weak. that leads me to believe around 460 around stoxx 600 is the case to sell equities rather than buy. downside in equities. i think the point for bond over equities is the clearlier pic -- clearer. only two times in the period where bonds are cheaper. >> let's park that concept. let's go back to the other concept of immaculate disinfl
in europe, it is much too low. i think europe, in absolute terms, should be coming off here. in relative terms, relative to u.s. equities where tech rebounded aggressively through q2 and now you see the momentum falter, i think relative to the u.s., europe is in a better position. when you look at growth surprises, u.s. is at one extreme which is high. europe is at the other extreme which is low. there should be reversion. european data is extraordinarily unbelievably weak. when you look at...
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Sep 12, 2023
09/23
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1TV
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in europe. although the western peoples themselves, of course, did not classify us as europeans. yes, it’s enough to look, for example, at the back of the euro banknotes to see that the border of europe does not run along the urals , the border of europe for them runs along the dnieper and kiev , the border of the classical polish empire of the polish -lithuanian commonwealth - this is europe for them, although in fact. you and i understand perfectly well that we are the bearers of the european language. in the full sense of the word. we are russian people in a broad sense. those people who carry the russian idea, which , of course, is much broader than any national idea , since in western europe and the european union there is no trace left of the european idea, and there is absolutely no place left for christianity. actually, even for humanity. thank you very much. all the best to the boys in donetsk, we'll talk now. more precisely, let’s look at a fake, it turns out that it’s supposedly
in europe. although the western peoples themselves, of course, did not classify us as europeans. yes, it’s enough to look, for example, at the back of the euro banknotes to see that the border of europe does not run along the urals , the border of europe for them runs along the dnieper and kiev , the border of the classical polish empire of the polish -lithuanian commonwealth - this is europe for them, although in fact. you and i understand perfectly well that we are the bearers of the...
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Sep 15, 2023
09/23
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BLOOMBERG
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do you want a week europe are a strong europe? i think we need a strong europe and a strong europe as a continent and one that can defend its interest. you said we want to do it for a stronger europe? >> we need to have a position between china and the you dish in the eu. if you want that, you need a strong europe. maria: you will not tell me was on the phone? >> no, thank you so much. maria: always a pleasure to see you. that was the french finance minister at the euro group in spain. alix: thanks so much. a great conversation and timely with the auto strike here in the u.s.. i think there are big issues and i don't know how you resolve them quickly and easy but it seems as if the u.s. and europe is behind on manufacturing for ev's and they will have to find ways to ramp it up and all options run the table but it is happening. guy: it is happening. you can see the drip fate -- different parts. what i hear loud and clear is there is a certain degree of protectionism of home turf and i think that will be the reality of the situatio
do you want a week europe are a strong europe? i think we need a strong europe and a strong europe as a continent and one that can defend its interest. you said we want to do it for a stronger europe? >> we need to have a position between china and the you dish in the eu. if you want that, you need a strong europe. maria: you will not tell me was on the phone? >> no, thank you so much. maria: always a pleasure to see you. that was the french finance minister at the euro group in...
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Sep 28, 2023
09/23
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BBCNEWS
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the europe team playing in europe. _ it is brilliant. the europe team playing in europe, they - it is brilliant. the europe team playing in europe, they are i it is brilliant. the europe team i playing in europe, they are playing gorgeous — playing in europe, they are playing gorgeous. quite confident. are playing in europe, they are playing gorgeous. quite confident.- gorgeous. quite confident. are us auoin to gorgeous. quite confident. are us going to win? _ gorgeous. quite confident. are us going to win? yes! _ gorgeous. quite confident. are us going to win? yes! laughter - going to win? yes! laughter yes, going to win? yes! laughter yes. yes. _ going to win? yes! laughter yes. yes. you _ going to win? yes! laughter yes, yes, you heard _ going to win? yes! laughter yes, yes, you heard it - going to win? yes! laughter yes, yes, you heard it here first. are you — yes, yes, you heard it here first. are you going _ yes, yes, you heard it here first. are you going to— yes, yes, you heard it here first. are you going to make _ yes, ye
the europe team playing in europe. _ it is brilliant. the europe team playing in europe, they - it is brilliant. the europe team playing in europe, they are i it is brilliant. the europe team i playing in europe, they are playing gorgeous — playing in europe, they are playing gorgeous. quite confident. are playing in europe, they are playing gorgeous. quite confident.- gorgeous. quite confident. are us auoin to gorgeous. quite confident. are us going to win? _ gorgeous. quite confident. are...
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Sep 29, 2023
09/23
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BLOOMBERG
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seen in europe. these levels for the 10 years and 290 for the 10 year bunds, the market is getting nervous. guy: if i think a storm is coming, do i sit in cash and keep safe? is that the right trade? christian: i wouldn't say so. if you see a storm coming which lasts one year, which is quite unlikely, then you can do that, but otherwise you should stay invested and get more defensive. if there is more volatility, rather than buying opportunity to look out for more sunshine, even if we get a recession in the u.s., it won't be a long one. downside is the opportunity. alix: interesting. the european equity market, the downside is priced in. it has to be really bad. the u.s. has held up but it has to wind up rolling over. you don't necessarily see that? christian: if you look at europe, valuation is so cheap compared to u.s. it's the cheapest in 35 years. being cheap is not a trigger. it needs a trigger. if there is more value for europe, there are better numbers from china. it is very cyclical. it's a d
seen in europe. these levels for the 10 years and 290 for the 10 year bunds, the market is getting nervous. guy: if i think a storm is coming, do i sit in cash and keep safe? is that the right trade? christian: i wouldn't say so. if you see a storm coming which lasts one year, which is quite unlikely, then you can do that, but otherwise you should stay invested and get more defensive. if there is more volatility, rather than buying opportunity to look out for more sunshine, even if we get a...
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europe . but they have to stop the end to the interviews of the united states and the u. n . a into africa. and they have to stop the europeans stealing the resources. and that's, i mean by oil and gold and dime is that the africa has. so the decision to succeed in the future of, of the african people, i'm going to be people. it's in the hands of going to be and people and the hands of the politicians feel stupid. it was really great to get your perspective cuz i can imagine that fast. how do you have seen in syria? the last and impact of the west export circled democracy, the stevens, the who and you to on this i'm fiscal on this. thank you so much for time. thank you. the only thing on the leasing it's customers, an investigation and to us pharmaceutical, john johnson and johnson has been opened by south africa's. i'm to trust right today. so now that's a mid to accusations of sky high pricing of one of its trucks. it treats to bachelors this. the initiation is based on information and the c
europe . but they have to stop the end to the interviews of the united states and the u. n . a into africa. and they have to stop the europeans stealing the resources. and that's, i mean by oil and gold and dime is that the africa has. so the decision to succeed in the future of, of the african people, i'm going to be people. it's in the hands of going to be and people and the hands of the politicians feel stupid. it was really great to get your perspective cuz i can imagine that fast. how do...
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Sep 29, 2023
09/23
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the europe team play in europe and they are — europe team play in europe and they are playing gorgeous. we are confident. will they are playing gorgeous. we are confident.— they are playing gorgeous. we are confident. will the us win? yes. are confident. will the us win? yes- yes- _ are confident. will the us win? yes. yes. you _ are confident. will the us win? yes. yes. you heard _ are confident. will the us win? yes. yes. you heard it - are confident. will the us win? yes. yes. you heard it here - yes. yes. you heard it here first — yes. yes. you heard it here first. ~ , ., yes. yes. you heard it here first. ~ .,~ yes. yes. you heard it here first. , , first. will you make yourselves heard? that — first. will you make yourselves heard? that is _ first. will you make yourselves heard? that is the _ first. will you make yourselves heard? that is the plan. - first. will you make yourselves heard? that is the plan. this i heard? that is the plan. this is “ust heard? that is the plan. this is just the — heard? that is the plan. this isjust the warmup, - heard? that is the plan.
the europe team play in europe and they are — europe team play in europe and they are playing gorgeous. we are confident. will they are playing gorgeous. we are confident.— they are playing gorgeous. we are confident. will the us win? yes. are confident. will the us win? yes- yes- _ are confident. will the us win? yes. yes. you _ are confident. will the us win? yes. yes. you heard _ are confident. will the us win? yes. yes. you heard it - are confident. will the us win? yes. yes. you heard...
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Sep 18, 2023
09/23
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LINKTV
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our job markets need migrants from outside europe. mohammed: you heard fernando say perhaps this could be more manageable if there was more solidarity from other european countries. eu law has left a lot of southern member states like italy demanding more help. in the past, brussels had tried to force other countries in the eu to take in a certain number of migrants based on the size of their population. is that something that has ever worked? >> definitely, it worked. what is the alternative? we are talking about 7000 people arriving at lampedusa, a pretty small island. the law says refugees or migrants to stay in the first country they arrived to. this is the law that needs to be changed or modified or talked about somehow. the southern borders of italy or europe in general are facing a higher percentage of migrations does not mean others should not stand in solidarity. even if it is not perfect, it is better than what we have right now. lampedusa is very small. the facility is not able to contain all of these people. we are talking
our job markets need migrants from outside europe. mohammed: you heard fernando say perhaps this could be more manageable if there was more solidarity from other european countries. eu law has left a lot of southern member states like italy demanding more help. in the past, brussels had tried to force other countries in the eu to take in a certain number of migrants based on the size of their population. is that something that has ever worked? >> definitely, it worked. what is the...
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Sep 12, 2023
09/23
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BLOOMBERG
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is europe trading on europe or on china and the effect it has? ill: we are a connected global economy and i don't think you can separate any of these economies. china is the second largest economy. some reason there is a narrative or psychology that europe is more closely tied to china in terms of those products. i would argue the u.s. is just as closely tied but our economy is proving more stable perhaps because the action of the central banks coming out of the pandemic. if you believe china is slowing down and despite thinking there could be a contrarian play, some incidental reports of people that were there they are saying the slowdown in china is actually worse than being reported. i would have to think it is not just trickling into europe, maybe they are seeing it earlier and maybe some of the sectors are trading more, and the luxury products and some luxury brands could be a boost, but at some point i would think it would also hit the u.s.. it is hard to see china going into a recession and that is something that should also be on the rada
is europe trading on europe or on china and the effect it has? ill: we are a connected global economy and i don't think you can separate any of these economies. china is the second largest economy. some reason there is a narrative or psychology that europe is more closely tied to china in terms of those products. i would argue the u.s. is just as closely tied but our economy is proving more stable perhaps because the action of the central banks coming out of the pandemic. if you believe china...
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for also customers the we have the premium segment in europe. so the really fine brands are on our, on our customers sheets. and when you do high performing factory say, you need to compete with the, you know, the car is running into 100 kilometers per hour. there are huge deposits of critical raw materials in the scandinavian countries. this is a competitive advantage for north fault because the company needs large quantities of magnesium and cobalt nichols have battery production in the old batteries are also recycled using a shredding process, which is important for the environmental balance. and the factories must be powered by electricity from renewable sources, which is the only way to produce green car batteries. and that's the basis the crash course. so while you're doing that, how is it going? good. yeah, yeah. there are also production sites in the us. poland and portugal, and all of them rely on recycled raw materials to the engineers are currently working in optimizing the recycling production processes or as a such man, they want to
for also customers the we have the premium segment in europe. so the really fine brands are on our, on our customers sheets. and when you do high performing factory say, you need to compete with the, you know, the car is running into 100 kilometers per hour. there are huge deposits of critical raw materials in the scandinavian countries. this is a competitive advantage for north fault because the company needs large quantities of magnesium and cobalt nichols have battery production in the old...
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i think the vatican so far has had a massive impact on migration bodies around europe. i think that what we're also seeing and they find this incredibly curious, is that us many sort of traditional parties from the center, right? in certain, take their left conclusions here in germany that they were, which was involved, you know, directly, one of the, the architectural politics policy groups behind the migration, the migration policy. they have actually left. they have actually left the room and had joined or how come quite close to the positions that menu in the far right have been sort of presenting, which is essentially a migration restriction or straight out on time i gratian, playing the bulk no, becomes one of the only voices around europe, even including someone, the less that he's actually openly calling for, you know, more essentially, to, for, and more to main approach and migration. so i think that to some extent, that puts him in a very difficult political position, but at the very same time, in the political media stuff, you know, the church can actually in
i think the vatican so far has had a massive impact on migration bodies around europe. i think that what we're also seeing and they find this incredibly curious, is that us many sort of traditional parties from the center, right? in certain, take their left conclusions here in germany that they were, which was involved, you know, directly, one of the, the architectural politics policy groups behind the migration, the migration policy. they have actually left. they have actually left the room...
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Sep 19, 2023
09/23
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CSPAN
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and europe. this discussion at the brookings institute just under one hour. -- is just under one hour. who will also join those in you also had to have a very benign medical procedure. if you are watching, get well. sorry you cannot be with us. with that, we have until 11:30 to discuss a not exactly minor issue in this entire scenario that we are facing until the end of what you are -- why are you looking at me in horror? >> fascination, not horror, with our topic. >> i know. with you three on the panel, especially you, this panel will run itself, but i will attempt to impose a minimum of discipline. you can all watch me fail if i do that. what i will do is, let me first introduce our panelists. dr. alina polyakova, a former colleague at brookings, to run another institution. she is the president and ceo of the center for european policy analysis which under her leadership she has been doing absolutely terrific work. matthew is a journalist and senior fellow of the social cultural and constitutio
and europe. this discussion at the brookings institute just under one hour. -- is just under one hour. who will also join those in you also had to have a very benign medical procedure. if you are watching, get well. sorry you cannot be with us. with that, we have until 11:30 to discuss a not exactly minor issue in this entire scenario that we are facing until the end of what you are -- why are you looking at me in horror? >> fascination, not horror, with our topic. >> i know. with...
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Sep 23, 2023
09/23
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BBCNEWS
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. _ europe seven. when we spoke half four yesterday, 4-0 _ europe seven. when we spoke half four yesterday, 4-0 it _ europe seven. when we spoke half four yesterday, 4-0 it was - europe seven. when we spoke half four yesterday, 4-0 it was to - europe seven. when we spoke half four yesterday, 4-0 it was to the l four yesterday, 4—0 it was to the usa, there are still a few putts to be held, to go level, that would be quite an achievement for europe? yes, there was a feeling that going into today, that europe were going to someone special. they sort of needed yesterday morning to get their mistakes out of the way but they say you don't win a tournament on the first or even a second day. the singles can change everything. there have been many occasions where either the usa or europe had been trailing going into the last eight and they have overcome the opposition and they have one. it is an individual game. tomorrow, and europe could be going into bit level with the usa. we will find out. thank you very much indeed. it is eight — 80 —— 8—8. champions
. _ europe seven. when we spoke half four yesterday, 4-0 _ europe seven. when we spoke half four yesterday, 4-0 it _ europe seven. when we spoke half four yesterday, 4-0 it was - europe seven. when we spoke half four yesterday, 4-0 it was to - europe seven. when we spoke half four yesterday, 4-0 it was to the l four yesterday, 4—0 it was to the usa, there are still a few putts to be held, to go level, that would be quite an achievement for europe? yes, there was a feeling that going into...
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we'll get an expert view on how much or how little trade can help europe. biggest economy get out of this. i'm chris kolber. welcome to the around, the munich and mobility fair, formerly known as the international auto show openness stores on monday, despite the gathering being held in bavaria. it has a distinctive chinese field twist as a number of chinese electric vehicle. manufacturers are in munich trying to convert, being years ahead and development into a sizable slice of european market share. it's the european premier of b y d. the electrical vehicle company who's letter stand for build your dreams. it's seal you. model is on display, like tesla. the chinese manufacturer is setting the tone b y d is the world's largest manufacturer of electric cars and their chances of continued success are good proponents say cars from china are cheaper and technically superior to comparable electric cars from germany or france. so executives arrive in unit with high expectations and confidence. so we know lots of market still belongs to the traditional gasoline cars markets. so we try to fi
we'll get an expert view on how much or how little trade can help europe. biggest economy get out of this. i'm chris kolber. welcome to the around, the munich and mobility fair, formerly known as the international auto show openness stores on monday, despite the gathering being held in bavaria. it has a distinctive chinese field twist as a number of chinese electric vehicle. manufacturers are in munich trying to convert, being years ahead and development into a sizable slice of european market...
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and po, process challenges europe's leaders to open their ports to people fleeing hardship . the positive celebrates mass and friends also highlighting the plight of refugees crossing the mediterranean, the unpopular phone any as welcome to the program. the russian installed governor of sylvester poll says the crime in peninsula has been the target of fresh results strikes. he reported air defense systems of interest shifted rockets a day earlier. ukraine's military stroke the headquarters of russia's black sea fleet. online footage shows the moment of the attack. russia says its air defense systems shot down 5 incoming missiles and one service mind is missing. keith says several senior russian navy commanders were killed in the striking and dozens more injured. to. meanwhile, us media reports suggest washington plans to send a long range themselves to ukraine. it's claimed keith will get the army tactical resolved system or attack them's me, solves that of a range of up to 300 kilometers. ukraine has repeatedly asked for the weapons. the rockets would enable keith to strike
and po, process challenges europe's leaders to open their ports to people fleeing hardship . the positive celebrates mass and friends also highlighting the plight of refugees crossing the mediterranean, the unpopular phone any as welcome to the program. the russian installed governor of sylvester poll says the crime in peninsula has been the target of fresh results strikes. he reported air defense systems of interest shifted rockets a day earlier. ukraine's military stroke the headquarters of...
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Sep 4, 2023
09/23
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BLOOMBERG
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and the fed in europe? -- and europe? >> we have to remember in the 2008 economic downturn, china was the source of engine for the global recovery. it was pivotal. it won't be there and in fact i worry it will be dragging down the global economy. that is one of the reasons i am so concerned about what has been going on in monetary authorities. particularly in the united states, they have pretended that nothing is going on in the rest of the world. they have been raising interest rates well beyond anything that is reasonable and have put at peril, critically the european economy. i think america will do ok but i worry about europe. dani: it is hard to run --ride a bike that is going slow. i should say that conversation happened on friday. we got data over the weekend, that existing home sales for beijing and shanghai doubled over the weekend versus the previous one. there is have -- hoped that on the property front, some stimulus is having an impact. president xi jinping is planning to skip the g20 summit this weekend, sen
and the fed in europe? -- and europe? >> we have to remember in the 2008 economic downturn, china was the source of engine for the global recovery. it was pivotal. it won't be there and in fact i worry it will be dragging down the global economy. that is one of the reasons i am so concerned about what has been going on in monetary authorities. particularly in the united states, they have pretended that nothing is going on in the rest of the world. they have been raising interest rates...
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but such ideas aren't very popular in europe . the european union wants to offer incentives to encourage industry to invest in green technology. germany is also planning to support energy intensive companies with billions of bureaus and subsidies, and the coming years along side are so learned. mattel's with a group is also likely to benefit from this soon. both companies are investing in hydrogen powered plants in germany for iron production. if you go low the subsidies you might to stop, you should go in europe and down. there is a huge challenge to get the competitive pricing on the electricity price. ready the hybrid project in sweden, for example, aims to bring the 1st truly fossil free steel to market from 2026, using green hydrogen, and a more climate friendly electric furnace. a ton is expected to cost around $300.00 more than conventional steel price. aside our individual plans even enough to make a difference in the green transformation. the steel industry produces around 8 percent of global c o. 2 emissions. and many co
but such ideas aren't very popular in europe . the european union wants to offer incentives to encourage industry to invest in green technology. germany is also planning to support energy intensive companies with billions of bureaus and subsidies, and the coming years along side are so learned. mattel's with a group is also likely to benefit from this soon. both companies are investing in hydrogen powered plants in germany for iron production. if you go low the subsidies you might to stop, you...
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Sep 14, 2023
09/23
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BELARUSTV
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if you live in a city in western europe you can see the changes. you see that 30 years ago in this part of town everyone was a local. now , sometimes there are none, just like in brussels, in some areas of brussels you no longer meet a single belgian. if you live there, if you have a child, you take him to school, and there they tell you no, and only migrants study here, if you send your child to this school, he will have problems. go to another school where there are belgians, only it is on the other side of the city. to to understand this story, the film crew of our program went to the homeland of our today’s protagonist, hungary, where he and his foundation once were. open society launched the most ambitious activities. an open society is not open at all. it is open only to certain political movements. and the goal of george soros’s policy is to destroy traditional values , to break ties between peoples, probably his idea, perhaps erroneously, is to create a federation of one huge european federation and destroy historically established stat
if you live in a city in western europe you can see the changes. you see that 30 years ago in this part of town everyone was a local. now , sometimes there are none, just like in brussels, in some areas of brussels you no longer meet a single belgian. if you live there, if you have a child, you take him to school, and there they tell you no, and only migrants study here, if you send your child to this school, he will have problems. go to another school where there are belgians, only it is on...
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Sep 14, 2023
09/23
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BBCNEWS
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— in the system to this migration in europe we — in the system to this migration in europe. we have migrants moving from one geographical area, the european union _ one geographical area, the european union to— one geographical area, the european union to the uk. the uk used to be totaiiy— union to the uk. the uk used to be totally integrated in the migration as in the — totally integrated in the migration as in the rules and we are on the way for— as in the rules and we are on the way for a — as in the rules and we are on the way for a new package. we hope to adopt— way for a new package. we hope to adopt it _ way for a new package. we hope to adopt it before june next year. it is a pity— adopt it before june next year. it is a pity great britain doesn't take part in— is a pity great britain doesn't take part in it _ is a pity great britain doesn't take part in it because it means more controi— part in it because it means more control at— part in it because it means more control at the stage of entry and that the — control at the stage of entry and tha
— in the system to this migration in europe we — in the system to this migration in europe. we have migrants moving from one geographical area, the european union _ one geographical area, the european union to— one geographical area, the european union to the uk. the uk used to be totaiiy— union to the uk. the uk used to be totally integrated in the migration as in the — totally integrated in the migration as in the rules and we are on the way for— as in the rules and we are on the...
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Sep 22, 2023
09/23
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BBCNEWS
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but, yes, this will be a big ask for europe. mil but, yes, this will be a big ask for euroe. �* , , ., ., ., europe. all eyes now fall on the fourbalis- _ all eyes now fall on the fourballs. what hope that europe might be able to turn things round in the fourballs? psychologically, it is very difficult to look at that leaderboard and see how much red there is on it. understandably, the captain has shuffled her pack. she has rested charley hull, which isn't a surprised looking at her performance this morning. she has brought in gemma dryburgh, who has already started in the foursomes, and charlotta sikander hasjust already started in the foursomes, and charlotta sikander has just teed off in front of her home crowd. so hopefully that will be a boost for europe, but it will be an uphill battle for them after a 4—0 shock by the americans on home soil. in rugby union, it's been confirmed that france captain antoine dupont suffered a facial fracture in thursday's 96—0 win against namibia. dupont, who was named the 2021 world pl
but, yes, this will be a big ask for europe. mil but, yes, this will be a big ask for euroe. �* , , ., ., ., europe. all eyes now fall on the fourbalis- _ all eyes now fall on the fourballs. what hope that europe might be able to turn things round in the fourballs? psychologically, it is very difficult to look at that leaderboard and see how much red there is on it. understandably, the captain has shuffled her pack. she has rested charley hull, which isn't a surprised looking at her...
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Sep 26, 2023
09/23
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BLOOMBERG
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. >> the countdown is on in europe. this is a bloomberg markets: european close guy johnson and steel. -- and alix steel. ♪ tom: dear. stocks -- european stocks set for a fourth straight day of losses. concern about luxuries that again. the bond market has taken something of a pause, but you get the sense investors are adjusting to the higher for longer narrative from the fed. fed officials saying further hikes are likely. the focus on the auto industry in europe on the back of continued discussion about this probe by eu officials into chinese autos. a couple of individual stories -- barclays a stand out in terms of the upside in the banking sector. this bank listed in the u.k. upgraded by morgan stanley for the first time since 2018. prospects for that lender despite concern about the slowdown in terms of the u.k.. pound down 3/10 of a percent. we keep an eye on the benchmark 10 year in germany. yields of come in, money has gone in to the benchmark on the back of the news the german government will be reducing issuan
. >> the countdown is on in europe. this is a bloomberg markets: european close guy johnson and steel. -- and alix steel. ♪ tom: dear. stocks -- european stocks set for a fourth straight day of losses. concern about luxuries that again. the bond market has taken something of a pause, but you get the sense investors are adjusting to the higher for longer narrative from the fed. fed officials saying further hikes are likely. the focus on the auto industry in europe on the back of...
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1.0
Sep 23, 2023
09/23
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ESPRESO
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europe underestimated and overslept. was it the same effect peasants as he was with hitler's small georgia, then crimea, even more so, putin is exactly the same as hitler. he said that the russian -speaking population should be protected, and hitler said that the germans should be protected in the sudetenland, that is, change the germans, er , the russians will also be the same, this time it was from europe it's preparing for today's meeting there, looking at some material, er, some kind of déjà vu effect, that's all we 've already gone through. yes, it was all there, but it was n't then, not in the thirties. and it was. there it was, a year or two, five or ten years ago. and when we speaking for russia, it is possible to say that the events of 1990 and 1991 became for russia what the end of the first world war became for germany we united, we lost pieces of our state, yes, let's rewind a little bit back to the 39th year of the molotov-ribbentrop pact, yes, and when we signed it there, what is it returning to him weste
europe underestimated and overslept. was it the same effect peasants as he was with hitler's small georgia, then crimea, even more so, putin is exactly the same as hitler. he said that the russian -speaking population should be protected, and hitler said that the germans should be protected in the sudetenland, that is, change the germans, er , the russians will also be the same, this time it was from europe it's preparing for today's meeting there, looking at some material, er, some kind of...
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2.0
Sep 13, 2023
09/23
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BELARUSTV
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we are europe today because we preserve everything that should be in europe - family and christian values. the main thing, i think, is the postulate where patriots are raised in the family. if at home parents have a negative attitude towards their country, then the child, no matter what they tell him at school, no matter how you raise him at university, he will will not accept. we clearly and consistently defend our national interests. on one side on the other side. we have a huge number of followers in the world who like the position of belarus . festivals such as the slavic bazaars in vitebsk give the opportunity, looking into the eyes, to say, well , together, and together we will end stronger, one way or another, okay? we are just kind, we really love the whole world. we want everyone to have a good end to the project, say don’t be silent, don’t miss new episodes on the tv channel. belarus 24 committed a fatal mistake, betting on overseas partners who personally signed the death warrant for the country, we asked european politicians and experts. who is to blame for today? the bloo
we are europe today because we preserve everything that should be in europe - family and christian values. the main thing, i think, is the postulate where patriots are raised in the family. if at home parents have a negative attitude towards their country, then the child, no matter what they tell him at school, no matter how you raise him at university, he will will not accept. we clearly and consistently defend our national interests. on one side on the other side. we have a huge number of...
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2.0
Sep 23, 2023
09/23
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ESPRESO
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look at europe, it's not about us, it's like that. it can also be one of the main points that the united states is the richest country that could already influence life in the same europe with its decisions. when we er play in computers, some kind of toy, and yes, the level came, we became two or more stronger there , another level came, we became twice as strong, until the big boss kills us, the same thing here, we got rain, yeah, nobody, nothing, come in , the democracies were swallowed as they thought they have the right, it's theirs, we just took it from them with versailles, paris, they have the right, austria is next, no reaction , so why then, why are there some, just, there are almost 2.5 million germans who live in the german border zone, why their we also cannot fail to return to ourselves here is another concession and we will no longer accept another concession and we will no longer accept if the result was still after the rhine or before austria, then there is a high probability that it would not have happened further hit
look at europe, it's not about us, it's like that. it can also be one of the main points that the united states is the richest country that could already influence life in the same europe with its decisions. when we er play in computers, some kind of toy, and yes, the level came, we became two or more stronger there , another level came, we became twice as strong, until the big boss kills us, the same thing here, we got rain, yeah, nobody, nothing, come in , the democracies were swallowed as...
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Sep 5, 2023
09/23
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BLOOMBERG
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announcer: the countdown is on in europe. this is "bloomberg markets: european close" with guy johnson and alix steel. guy: european stocks drifting lower little bit. the chinese pmi data the weakness we've seen any break on forward momentum. the chinese data represented here down by 2.25%. anything with significant exposure to china particularly on the services side has been weaker today. the area that is seen some strength is energy. look at what's happening with brent. we are trading around nine -- the russian and saudi's will continue their cuts till the end of the year. alix: i'm surprised that the markets were surprised. s&p 500 is off by one point -- 1/10 of 1%. we seen a much more powerful rally earlier. fading a little bit. still eking out a gain of 6/10. one of the only sectors up in the green today. what is really interesting evolving here is persistently stronger dollar. the dollar index at the highest level since march. does that persist in stronger dollar, where are we in that? is that good value now? if we have
announcer: the countdown is on in europe. this is "bloomberg markets: european close" with guy johnson and alix steel. guy: european stocks drifting lower little bit. the chinese pmi data the weakness we've seen any break on forward momentum. the chinese data represented here down by 2.25%. anything with significant exposure to china particularly on the services side has been weaker today. the area that is seen some strength is energy. look at what's happening with brent. we are...
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so europe should continue. we might be able to continue a striking to try the list that they have been doing over the last year. and a half, we have just signed up with new zealand to julie. we have memphis or mexico and australia separately tell us to agreement to my view. europe is open for business is being very geo political and traders, the business of which we will do this. and trade as the businesses and if i wouldn't be, you know, acknowledged a geopolitical enough, who infected so much for speaking to the dumpling was now relations with china certainly aren't the only source of economic concern in europe here in germany, a key monthly survey from the eco research institute showed the mood among business leaders, headphone and for the 5th a month in a row, in september, with managers in the construction on the surface of sectors feeling especially pessimistic the lakes. this figure is how fueled fear is that in europe largest economy could be heading for a recession. for the 2nd time this year. that's b
so europe should continue. we might be able to continue a striking to try the list that they have been doing over the last year. and a half, we have just signed up with new zealand to julie. we have memphis or mexico and australia separately tell us to agreement to my view. europe is open for business is being very geo political and traders, the business of which we will do this. and trade as the businesses and if i wouldn't be, you know, acknowledged a geopolitical enough, who infected so much...
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Sep 17, 2023
09/23
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ALJAZ
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you mentioned batteries that can the us and europe. really kat shop on batteries, particularly europe 30. uh, we know the largest manufacturer in your building 6 gig of factories across europe, and i think one in china to try and create its own supply chain. is it too late? and now it's not too late. it's the same. what to be, why the judge and china, so we don't you doing that with this subsidy, gary, which is called paul coe about to see that it makes no sense to go in conflict in contrast with each other in terms of the c a t o which is that all just better, we make the tiniest, but every make up has a built up applied to the a viable and then the use of sales and support the shuttle car industry. so it would be very interesting to go in corporations. you corporations, with chinese companies and corporations to 0, being under the u. s. companies to fall to form a new area. and richard richard, cost effective, busy the battery. a seem to be interesting to read w for it. savvy has a link to to boston, which is a chinese company are do
you mentioned batteries that can the us and europe. really kat shop on batteries, particularly europe 30. uh, we know the largest manufacturer in your building 6 gig of factories across europe, and i think one in china to try and create its own supply chain. is it too late? and now it's not too late. it's the same. what to be, why the judge and china, so we don't you doing that with this subsidy, gary, which is called paul coe about to see that it makes no sense to go in conflict in contrast...
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last year, 1500000 electric vehicles registered across europe. from here, they are planning to new giga factories in norway and germany. north bolt is expanding globally, investing several 1000000000 euros. no, but it's important because it's much we design and build the battery cells. but we also build the battery factories, and this is what we are here for. we have here to enable this translation with sustainable battery production on giga scale in europe. so we are homegrown and we want to keep them in so many we want to be in the from please, and show that you can do this in a sustainable way. nor thoughts, major investors into the german car manufacturers, bmw and v w. 4 also customers the we have the premium segment in europe. so the really find brands are on our, on our customers sheets. and when you do high performing factory says you need to compete with the, you know, the car is running into 100 kilometers per hour. there are huge deposits of critical raw materials in the scandinavian countries. this is a competitive advantage for north
last year, 1500000 electric vehicles registered across europe. from here, they are planning to new giga factories in norway and germany. north bolt is expanding globally, investing several 1000000000 euros. no, but it's important because it's much we design and build the battery cells. but we also build the battery factories, and this is what we are here for. we have here to enable this translation with sustainable battery production on giga scale in europe. so we are homegrown and we want to...
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Sep 8, 2023
09/23
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BLOOMBERG
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so to europe. we know the fed tends to be more reactive and quicker off the mark so expect everybody want to cut in the environment the fed will likely lead the pack. alix: do you buy the first to cut? sebastian: i think you buy the trough in the macro cycle. there's a lot of rate hikes you have to digest, mr. confusing for the clients, i was in asia last week and everyone is asking the same question. why is u.s. economy still so resilient and the answer is you have untimely, unusually early fiscal similars that has delayed the downturn. if you still have digest the rate hikes and losing the fiscal support, then growth momentum we can's first and the only by the market must believe the macro cycle trough we think is so six must away from here. -- six months away from here. guy: really nice to see you. this is bloomberg. ♪ fabulous surroundings... but everyone's looking at their phones for financial insights from merrill. is he hailing a ride to the concert hall? no. he's making sure his portfolio
so to europe. we know the fed tends to be more reactive and quicker off the mark so expect everybody want to cut in the environment the fed will likely lead the pack. alix: do you buy the first to cut? sebastian: i think you buy the trough in the macro cycle. there's a lot of rate hikes you have to digest, mr. confusing for the clients, i was in asia last week and everyone is asking the same question. why is u.s. economy still so resilient and the answer is you have untimely, unusually early...