u.s.. 180 people have been killed in flooding in kinshasa the capital of the democratic republic of congo. >> to our authorities who are going to say this, we are congolese, we have lived here a very long time and now warehouses are washed away. i don't know where to go with the children, i have been a widow since 2015, and now one of my children is gone with the rain, i don't know where he is. i've lost everything even my clothes. >> president biden is combating the chinese and russian influence in africa, he has invited african leaders to ace -- to a summit. he is also expected to invite leaders to become a permanent member of g20. castillo in peru arrested last week after attempting a coup. seven people including teenagers have been killed in the ensuing protests. here's al jazeera inside story. ♪ laura: u.s. president joe biden is hosting a three-day summit with african leaders this comes as china invests heavily, and russia is involved in regional conflict. what does the u.s. hoped

the u.s. will commit $55 billion to africa over the course of the next three years, across a wide range of sectors to tackle the core challenges of our time. these commitments built on the united states long-standing leadership in partnership and give element, economic growth, health, and security in africa in the past three decades. amy: the biden administration is hosting leaders from 49 african nations for a three-day summit in washington organized in part to counter the growing influence of china and russia in africa. we will get the last. then to arizona where outgoing republican governor doug ducey is using shipping containers, and razor wire to build a makeshift border wall. >> follow the law, governor ducey. what you're doing is making a catastrophic mistake that i daresay will come could not bode very well for your legacy. amy: and we will look at the significance of arizona senator kyrsten sinema's decision to leave the democratic and register as an independent. all that and more, co

it is over in the u.s.. we did see an index of dollar strength up swinging between small gains and small losses. it ended up trimming a weekly rally that was from the boj early adjustment for curve controls. let's look at other moves we are watching out for. yesterday we had a slump in u.s. technology stocks. more economic data validating the case for the fed to keep hiking interest rates. that set a downbeat note. old pretty much unchanged. you can see some european stocks stabilizing. little gains for the ftse. remember the ftse closes at 1230 u.k. time. if you are u.k. trader, you can go home nice and early. cross asset, we talked a bit about treasuries and dollar. overall again, the focus today is really court pcd inflator which is eight measure tracked by the fed. we have another piece of news. stocks falling yesterday on strong u.s. data back further fed hikes. it felt as much as 3% before recovering into the close. valerie tytel joins us with the latest. what stood out in the u.s. data that impacted s

the u.s. and the eu are weighing new tariffs on chinese metals in a bid to fight carbon emissions. >> we had the open of the asx 200. in the early minutes here, we are on the downside. futures suggested a drop of .6%. we did have a lead in from the u.s. session but also the other big factor today is going to be in australia with the rba decision. the general consensus, a hike of 25 basis points. the big unknown is a sort of guidance -- -- sort of guidance we got from officials on what is the outlook for rates. the governor won't shut the door to more hikes ahead. we are seeing fairly flat trading in terms of bond yields. the aussie dollar also unchanged. . the other big factor driving sentiment is what came through in the u.s. specifically the data around services. it forced an adjustment around the expectation for the fed and that's tightening path. we are seeing new zealand trading on the red. futures also looking lower, including in china, even as we see china's pivot away from covid zero a

the u.s., 441,000 citizens. our reservation is in northeast oklahoma, the part of the country we were forcibly removed to in the 19th century. through that treaty you mentioned. the 1835 treaty of -- we are a government that does a great deal. we look to the u.s. to meet its obligations under treaties and laws and that is what this effort is about. kristen: you want our viewers to know about that treaty and your efforts to finally get representation in congress to that treaty. tell us how did the treaty come about? what did you give up in the process and what were you promised and who promised it? >> treaties are the supreme law of the land. there are lots of indian treaties that the u.s. has entered --they broke everyone of them with the cherokee nation. this treaty is unique in that it was the basis for our forced removal. the cherokee people were living in parts of the country that were the state of georgia, north carolina, that part of the country is what we are talking about. in the 19th

when the u.s. invests and pulls forward innovation, that lowers costs and makes it easier to deploy in other jurisdictions. certainly we are going to work with our partners and allies for their concerns. we can sit down and talk about them but the president's strategy to make the u.s. an attractive place to invest but also postal -- but also pull forward innovation is not a problem. >> one of the issues is it has to be a longer-term basis for them to bear fruit. how important is consistency? i say this at a time when president biden was talking about this in the past three days and is expected to announce running again. members of the economic council have talked about leaving. i know there have been rumors about yourself. how much is that important to keeping things on the rails? >> who are raising a really important point which is if we are going to provide long-term incentives for private capital to invest in the u.s. and we need policy --. one of the important elements we got done over the past

the u.s. economy and the current debate over 2023 federal spending with peter marie see from the university of maryland. ♪ c-span is your unfiltered view of government. we are funded by these television companies and more including media com. >> the world changed in an instant. but media, was ready, internet traffic soared and we never slowed down. schools and businesses went virtual and we powered a new reality because that media come we are built to keep you ahead. >> media calm support c-span as aublic service along with these other television providers. giving you a front row seat to democracy. ask 2823 programmed out of the next couple of weeks. some lawmakers wonderful the intelligent authorization into the legislation into foreign-made commercial spyware. the house intelligence committee hold on the spyware in july predicted hour and a half. [background noises] >> good morning and welcome the committee will come to order. without objection nature may declare recess at any time. an unc

u.s. congress. the ukrainian leader was greeted by cheers and a standing ovation and a remarkable moment coming 300 days after russia launched its unprovoked invasion of his country. mr. zelenskyy's visit lasted hours but marked his first trip outside ukraine since the war began. he went before congress to express his gratitude for the critical u.s. help but asked for more assistance. >> our two nations are allies in this battle, and this year will be a turning point, i know it, the point where ukrainian courage and american resolve must guarantee the future of our common freedom, the freedom of people who stand for their values. your support is crucial to get to the turning point to win on the battlefield. we have artillery, yes. thank you. we have it. is it enough? honestly, not really. >> zelenskyy also telling congress he believes next year will be a turning point as the u.s. and ukraine remain allies on the battle. house speaker nancy pelosi gave him the american flag and he gave her

the u.s. has joined a growing list of countries imposing covid-19 restrictions on people arriving from china. it comes a day after beijing announced it would drop quarantine measures for all inbound travelers. our white house correspondent kimberly halkett has more. kimberly: the biden administration is concerned of the chinese government is not being fully transparent, a concern that goes back to the start of the pandemic. as a result of the ease of recent restrictions in recent days, the u.s. says there is a spike of cases in china. kerry: ukraine's military says russian forces have stepped up military attacks in the city o 6 kherson. israel's incoming coalition government is promising to make expanding illegal is really settlements in the west bank a top priority. a statement says, "the jewish people have an unquestionable exclusive right to the whole land of israel. several western states in the u.s. are battling major flooding days after severe winter storms struck north america. californ

u.s. ♪ this al jazeera live from doha. also, a defiant stand against the taliban, a group of women protests against the ban against women at universities. a cabinet reshuffle in peru as the president tries to find a way out of the political crisis. and, a colorful glow, how the pink iguana is making a comeback on the galapagos islands. ♪ ukraine is getting a significant boost to its air defenses in its war with russia, a new 1.8 billion dollar assistant package announced by u.s. president joe biden including u.s. patriot missiles. speaking alongside volodymyr zelenskyy, president biden said u.s. will stand with ukraine for as long as it takes. it is the first trip abroad for president zelenskyy. >> i wish you peace. i think that is the main thing, and you understand only win the war is in your country, when somebody like these terrorists from russia come to your houses. we really fight for our common victory against this tyranny. that is real life, and we will win. >> the package will

i know our u.s. team was doing a lot on the washington side of things looking at the response from europe. what are you hearing on the ground about how the eu is poised to respond? >> reporter: in essence, julianna, i was here four weeks ago for another meeting of finance ministers of the eu. i was telling you at the time how worried they were about these concerns regarding the u.s. inflation reduction act the eu has been clear it has issues with the subsidies within the legislation meant to support the u.s. industries. this is a threat to many european carmakers within the context, we are starting to hear comments on how the eu should essentially address the problem. over the weekend, as you mentioned, we heard from the president of the european commission suggesting that state aid rules should be relaxed and new funding should be put on the eu table to support european firms in the context i have to say the comments were received by the german finance minister with skepticism if the commissioner's

our forecast for u.s. equity markets next year in terms of earnings is -6% versus single digits, which is why we are underway to develop market equities. but we expect to turn more positive either through dialing up our risk budget, or if markets were to price recession more adequately. francine: i want to ask about china and what we're getting wrong, then japan. on china, is there a misunderstanding that when they fully open up, we will see energy prices go up? we will see the commodities they need to reopen the economy become scarcer. wei: in terms of china reopening and what that means for global demand and inflationary pressure, it's not straightforward. on the one hand, you have supply chain easing. that should alleviate pressure on the inflation side, on the other hand it alleviates greater demand. so, we believe the effect from china reopening is nuanced, but a bigger driver for inflation next year is what we just talked about in terms of the net zero transition and the goods-service rotation. but m

the u.s. relationship is important because most of saudi arabia's defense framework is built with u.s. weapons. and it's also maintained by u.s. specialists. saudi arabia is in a bit of a sweet spot, and the conversation i had this morning with experts including from eurasia, is basically that saudi arabia is getting closer to china and russia in leverage with saudi arabia to get to the united states and ask for more commitments. this is an old playbook, we'd seen this in the past in terms of the cold war, nothing new for diplomacy, but it will raise the stakes for the united states. rumor that awkward fist bump during president joe biden's visit, probably we are not going to see anything like that with the chinese president and the saudi crown prince, but we are waiting for more detail on these investment deals. and how far into the military portion of saudi arabia at chinese investments go. dani: and it does come at a precarious time as you highlight, also a bill is making its way through th

the u.s. at a time when the biden administration is moving to ease some sanctions on venezuela that have devastated the country. plus, we go to atlanta, georgia, where five activists are facing domestic terrorism charges for taking part in a forest encampment to protest the building of what's known as cop city. >> cop city is basically where they're going to the police department will practice urban warfare. the ct they need this kind of facility, the largest in the country, to fight so-called crime is a disgrace and a dishonest use of resources. amy: all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the irs failed to audit former president trump for his first two years in president, while trump paid little or no federal income taxes between 2015 and 2020. the long-awaited revelations came to light tuesday after the house ways and means committee voted to release trump's tax returns after a years-long battle to obtain them. tr

we know u.s. equities and nasdaq and growth stocks benefit from the dovish fed nasdaq in particular will benefit. if that goes up, bitcoin will go up it is lumped in that category. dovish fed for many believe that will equal better bitcoin performance over the coming months >> i thought it was supposed to be an inflation hedge. here we are are coming off the biggest spike in inflation in 40 years and bitcoin did not perform. >> there is still a bit of risk. not a little bit, but a lot of risk in the market contagion story is not over yet. we see daily issues with the crypto companies kraken laid off 30% of work force. over 1,000 people. that is huge you will continue to see more and more layoffs as the crypto winter continues it will get deeper a lot of analysts are looking at the down side level of the. >> i have spoken to a lot of people retail investors who did not know a lot about crypto, but it was exciting and put a big chunk of savings and a lot of people lost a substantial portion of their

>> i just asked if you have discussed how the u.s. calculate the u.s. ed la escalation of sending a patriot miss l ile to ukraine? >> it's a defensive weapon system. it's not escalation, it's defensive and it's easy to not -- we'd love to not have to use it and just stop the attacks. >> president zelenskyy, again, welcome. mentioned earlier that you wanted to make this trip for awhile now. why now and also, can you tell me me what you think the message you're sending to putin given 24 hours ago you were on the f art behind you and now you stand here with the president? tr >> translator: thank you very much for your question. as to what is the message for putin, i am standing here in the united states with president biden on the same podium because i respect him as a person, as a president, as a human being for his position and for me, this is a historic moment. i can send messages to president biden, for example, if it's not serious you said what will happen after patriots are installed? after that we will send another signal to president biden that we

u.s. stocks stamp a four day stop -- drop, mark is the just the boj is a shocking decision to widen its ban. the yen's dissent as they're looking for downside levels with across mainland. analysts seeing 120 is a target for dollar-yen. elon musk confirming he will step down as the ceo for twitter once you find someone full issue enough to take the job. rishaad: didn't he take the job? reverberation as well. there are other things going on. we've got the sam bankman-fried story. we are going to concentrate on the implications of what happened 24 -- 23 hours ago. this is what we have. the era of negative yields now going into the panels of history with japan going positive in two years. david: back since 2015. back positive right now. when you look at the global macro movers. we're getting a further move above equity markets. you see the blinking red tile. yvonne: that is not a christmas light. david: that is what your paul will look when you bang it against the bed. that's the pain upon mar

released into u.s. custody on a tarmac in abu dhabi. griner there in the red coat. the smiling man seen shaking hands and giving hugs is viktor bout, the notorious russian arms dealer who the u.s. swapped in exchange for griner's freedom. bout arrested in 2008, sentenced to 25 years for aiding a terrorist organization and conspiring to kill americans. back in washington, president biden soon on the phone with griner, then tweeting, "moments ago, ispoke to brittney griner. she is safe. she is on a plane. she is on her way home." there in the oval office, griner's wife cherelle, who had just learned the news from the president himself. shortly after, the two going before cameras. >> brittney will soon be back in the arms of er loved ones and -- and she should have been there all along. this is a day we've worked toward for a long time. >> i'm just standing here overwhelmed with emotions, but the most important emotion that i have right now is just sincere gratitude for president biden and his entire admin

the u.s. officials that you spoke to about investigating this. one of the powerful parts of this documentary, you go back to all of the people we just heard describe, her fellow and sister journalists around her. you asked them, were you questioned by the u.s. government? talk about this. were you question for an investigation? she is an american. >> right. the united states put out its report in july. this was something conducted by the u.s. security coordinator, which is a fact-finding mission on the ground in palestine. and that report -- the u.s. did not do an investigation. it summarized the israeli investigation and the palestinian authority investigation and did a ballistics report that ultimately was inconclusive. the u.s. security report is very heavily relies on the israeli investigation and there is a very short statement put out by the state department that says that an israeli soldier likely killed shireen but there is no intentionality whatsoever. they don't explain how they came

on the u.s. i'd, the calculation was that nato weaponry combined with very tough economic sanctions, combined with freezing hundreds ofillions of dollars of russia's assets combined with what the united states expected to be a worldwide agreement to isolate russia, belied this would bring e russian economy to a state of collae so that russia could not continue to prosecute the war. this was also a serious miscalculation. most of the world did not go along with the western sanctions, even these votes in the united nation if you wait by the country populations involved, it is 20% of the world for 25% of the world that has voted against russiaut most of the world -- with many parts of the world have continued. the russian economy is absolutely not collapsed. russia has not run out of armaments. we have reports today that some of these missile attacks have been identified by intelligence experts as newly manufactured. so this is not only the old stockpiles. the western calculation was wrong as well.

now, when the u.s. was trying to set your with this or you are against us in a cold war to be our allies a lease instrument marshall plan. alisa truman was a president who decided with the creation of the gaps. setting up a system of international alliance including nato. means is not standing on its own. your with us or against us. it's more like 50% not 40% u.s. is superstrong. super cognizant of the need to have strong alliances. now the question today in the skit slightly into thens u.s./india relations is if the u.s. wants to get strong alliances to back it up in this embargo and it needs the taiwanese and dutch and so forth to beom outside, as it have to o something terms of trade access or other economic cooperation. he could not say to the dutch to give up on the chinese market working a zero extra american market access. you cannot say that to taiwan. india and its historic bumping up against the u.s. in terms of the trade policy rep intellectual a property rights t can become a bit of. >> and

the u.s. is, it's, it's monumental. >> re >> reporter: the libyan was arrested for his alleged role in blowing up pan am 103, minutes after it took off for the u.s. killing everyone on board and 11 people on the ground. he was charged while he was already in custody in libya for unrelated crimes. >> at that time, all co-spc co-conspirators worked together. >> reporter: they expect him to make his first appearance in district court in washington in the coming days. for years, the only person convicted in the lockerbie bombing case was abdelbaset al mohammed magrauhi. he was sentenced to life in prison. but eight years after his conviction in 2008 he was released from a scottish prison with terminal prostate cancer. arriving home in libya, he received a hero's welcome. in 2011, following the revolution that toppled libya's dic dic dicta dictator gaddafi, protesters were there. >> we don't have any frontline to call anybody. >> reporter: what's his situation right now? >> he's stopped eating, and

platform and international platform u.s. platform, u.s. regulated with american users, and by and all, all the data. >> would be good news for users, if it's true, but to whom did bankman-fried donate to get that in place that story, up next. and i'm goiu about exciting medicaregoiu advantage plans that can provide broad coverage and still may save you money on monthly premiums and prescription drugs. with original medicare you are covered for hospital stays and doctor office visits but you have to meet a deductible for each, and then you're still responsible for 20% of the cost. next, let's look at a medicare supplement plan. as you can see, they cover the same things as original medicare, and they also cover your medicare deductibles and coinsurance. but they often have higher monthly premiums and no prescription drug coverage. now, let's take a look at humana's medicare advantage plans. with a humana medicare advantage plan, hospitals stays, doctor office visits and your original medicare deductibles are covered. and, of course, most hu

the u.s.. on wednesday, that number, jumped to 91% and for thursday, it is a whopping 99%. more now from cnn's gabe cohen, reporting from baltimore. >> tens of thousands of travelers still weathering southwest meltdown without a clear end in sight. >> i'm hungry, i'm exhausted, i just want to go home. >> the airline canceling more than 2500 flights wednesday, 62% of its schedule according to flightaware, with a similar wave of cancellations already shaping up for thursday. >> this has been a complete nightmare. i trusted southwest with my belongings, to get me from point a to point b, and i feel like i was robbed at this point. >> ashley says she is stranded in baltimore with no luggage, her flight home to texas counseled christmas morning. she says she was hoping to get back to spend time out her dying grandmother side. >> i could not make, it not best away as of yesterday, i will never get that time back to at least hold her hand or spend that time with her. she spent her last few days just

china's u.s. ambassador says covid curbs will be further relaxed with international travelers the welcome soon. david: we are looking at that stories and certainly it is showing up as far as cross avenue it -- cross asset allocations. a worsening routes in the equity markets. 1% to the upside in singapore. broadly we are extending gains we saw on wall street. one market coming online is underneath it and that is down -- is indonesia and that is gone. shares have gone completely straight down the toilet. 3.5 weeks now and counting, 17 straight days, down 80% on sha res. i believe these shares are on watch. yvonne: yes. given how dramatic this price stock has been, basically since this lockup period expired investors have been selling, selling, selling. the company is failing to leave concerns. they say the only have cash for six quarters. rishaad: trying to raise money will be increasingly difficult. this is something which has been playing out for the last few days and these concerns keep coming t

the u.s., emergency funding for childcare providers is starting to run out. much of the $24 billion from the pandemic era player has been used to give bonuses to teachers. now, providers say they will likely have to roll back the raises, or increase tuition. that has already caused some parents to pull their kids out of care. meantime, hong kong is relaxing remaining covid restrictions. people will be allowed to enter bars without a negative rapid test and limits on the number of persons for a variety of venues has been scrapped. hong kong will keep its mask mandate in place. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton, this is bloomberg. ♪ >> welcome to bloomberg markets. >> let us dive into the price action, it is interesting. taking the limelight out of the markets, check out what is happening to the s&p 500. i would argue some of that is because of the move in the currency mark

we had data that said u.s. homebuilding sentiment sank in december to the lowest in over a decade excluding the time during the pandemic. not surprising given how high mortgage rates are, as input cost continue to rise. the 10 year yield at a 362 levels, treasuries falling, you eight -- u.k. guild falling. there's been a lot of speculation if the doj would carry out a hawkish pivot. that is affecting the global bond market sentiment. we had a rebound in oil prices despite the broad risk off sentiment, yet the put this into context we are headed towards the second monthly loss for oil prices. >> very much looking to take those cues from the asia set up and what happened in the wall street session. kiwi stocks already online in the red. you mention what we are reporting on with the doj and the possibility that the prime minister could add flex ability to the central bank's inflation target. that is something moving stocks as well in japan. take a look at this ticker that shows japanese bank futures. one of the ve

u.s. officials feared it could all fall apart, and it wasn't until very early this morning that officials here in washington breathed a sigh of relief when brittney griner finally boarded a u.s. plane. >> i'm glad to be able to say that brittney is in good spirits. she-- she's relieved to finally be heading home. >> reporter: gathered in the oval office, president biden and britittney g griner's wwifife ce spoke by phone with the 32-year-old basketball star once she had been handed over. >> today i'm just standing here overwoverwhelmed with emotions. >> reporter: russian state media showed video of the swap on the tarmac at al bateerern airport in abu dhabi. griner, and convicted arms dealer viktotor bout walkedd towardrds one another. in russian video filmed days earlier griner is seen to be signing what appear to be release forms. >> s do you know where you're heading to? >> no. >> no? >> you're flying back home. >> to the u.s.? >> to the u.s. >> okay. >> reporter: president biden agreed

the u.s. has been timid. the u.s. invest in humanitarian, security, but when it comes to big economic investments, the u.s. is on the second tier, not investing much. we help with the summit, the president will signal and put the resources to support an increase of u.s. foreign direct meant. host: our guest is mvemba phezo dizolele of the center for strategic and international studies. taking your calls on phone lines regionally. eastern/central timezones, 202-748-8000. mountain/pacific timezones, 202-748-8001. you talked about committing resources to african nations, from the wall street journal article previewing the summit, he set the point of the summit was to show african leaders the u.s. is a reliable partner. he said the u.s. will commit for the $5 billion to africa -- $55 billion to africa on key initiatives. why the initiatives and how does the amount compared to other countries committing to africa? guest: it is an important commitment. we commend the tremendous work in gifting the u.s. to organize the summi

vonnie: the u.s. house is set to pass legislation revamping policy towards taiwan, even as president biden seeks to ease tensions with beijing. the annual defense bill authorizes $10 billion in weapon sales. it also restricts government use of chips made by certain chinese companies. the senate will take the bill up next week. farrell sore in dino boulevard to as president, after police arrested -- through swore in --peru swore in dino boulevard -- dana boulevard to as president after pedro castillo was arrested. the bank of canada raised interest rates aggressively for a sixth street time while pausing its hiking cycle. policymakers increased the benchmark lending rate by 50%, to 4.25%, the highest since 2008. the central bank said it would consider whether more rate hikes are needed. the london metal exchange has alerted takeover interest from rivals as it wrestles with its future in the week of march's nickel crisis. the intercontinentalexchange made an approach to purchase the enemy earlier this y

a u.s. federal appeals court has halted a special masters review of classified documents that the fbi took from former president trump's mar-a-lago home. it marked a victory for the justice department. clearing the way for it to use all the records seized in the august search for its criminal investigation. president biden welcomed french president emmanuel macron to the white house today amid antagonism in a newly minted climate law. he charged that subsidies for american-made electric vehicles and other technology will hurt european countries. mr. biden said that was never e intention and he offered reassurance. pres. biden: there's obviously going to be glitches in it and need to reconcile changes in it but the essence of it is we are going to make sure that the united states continues just as i hope europe will be able to continue, not to have to rely on anybody else's supply chain. judy: mr. biden is willing to speak with vladimir putin if putin shows an interest in ending his war in uk

. >>> the u.s. economy posted another strong month of jobs growth employers filled 263,000 jobs in november bigger gain ever economists, but still below october's level. hourly earnings jumped 0.6% compared to the prior month. unemployment held steady at 3.7% this will add pressure on the fed to keep raising interest rates. a policy that wharton business leader jeremy siegel says is the objective. >> he lost so much purchasing power is something that the fed has to krcrush to me is bad fed policy i don't think it is inflation when they y inflationary >>> we are just getting flashing from the is central bank governor let me bring a few states. i see a 50 basis points increase as a minimum needed at the meeting happening next week. we have to be open to rates moving in restrictive territory for a period of time in 2023 it is premature to be talking about the end point. there are complex issues in tightening next week, there is an expectation that the ecb will spell out the qt program he is also adding

users on two servers in the u.s. -- onto servers in the u.s. they say oracle, content moderation policies, they think that is enough to keep the data safe. now that process, that review has come to a standstill. bloomberg has reported that the doj saves the current state of the agreement is not good enough for him was so obviously there are some folks in these agencies involved in this review that say it is not enough. we also heard the fbi director christopher wray come out in recent weeks saying that, you know, it's not quite there yet, so that is what tiktok has promised they would do. whether or not that ends up being the end result, again, these voices are pushing against his process it is not a good sign for that ideal situation for tiktok. caroline: we thank you always. it was a great lesson you put out, all things tiktok today, and we thank you for your thinking. meanwhile, let's talk about the administration's impact on technology elsewhere, particular when it comes to m&a, because brad smith the president of activision blizzard still

u.s. trade numbers. a drop in exports. you have to understand that. with the delaware it is now, other goods are going to be cheaper. so you have imports increasing. it could weigh on economic growth in the fourth quarter. looking forward to what we can expect out of china as well. looking to export-import numbers, we may be getting clues with shanghai's port numbers. essentially it has flatlined in recent months. this again could be a drag on the coming data. looking at the external picture, this could put a damper on economic growth in china as we have been hearing from as well. if the u.s. economy does slow down as many anticipate, it could add the drag there as well. we had bank ceos commenting about this. also the domestic environment, the risk of recession. david: the iteration of that in the corporate world. we have seen that with the tech companies. it is reducing your fixed cost. rishaad: and earnings are going to be depressing. are we ready for this? david: they are preparing for

the good news is the u.s. has been working with ukraine for many years including on the energy sector. not just in this or the past administrations but for several. we've got a lot of good relationships and technical understanding. we have national labs working with ukraine for many years. we've leveraging that -- been leveraging that. we are working with the state department, europeans, g7, other countries. first and foremost we need to let the ukrainians let us know what their priorities are. what are the types of equipment. we have spreadsheets that literally hundreds and hundreds of items from the ukrainians and getting a prioritization from it. we update that on a weekly basis. here's the equipment they are looking for, here is the priority they. then we figure out where can we get that, as quick as we can possibly get it. there is a sense of urgency here. sometimes that is from european suppliers given the voltage and other kinds of issues along those lines. sometimes they don't have it in we can look to

the u.s. is also -- ftx's u.s. lawyers are saying there might have been some collaboration between bankman-fried and the bahamas at that time, so that will be interesting as to how exactly the bahamas and the u.s. interact on this and whether they are cooperating or whether they start to come onto opposite sides on it. yes, there is a little bit of disagreement, it looks like, other have not seen anything from the bahamas saying they are opposing the u.s. at this point. it is just u.s. lawyers saying there could have been flows into the bahamas that may have been improper. tom: bloomberg's joanna ossinger on the latest in a significant turn when it comes to the ftx saga. in an interview since the collapse, sam bankman-fried has admitted major managerial missteps but said that he never tried to commit fraud or break the law. francine: coming up, s&p for -- s.a.p. shares are higher after the outlook that came from oracle. that is up next and this is bloomberg. ♪ >> this with regard to security of supply, it is not

the u.s. inflation prints but there are other things we are monitoring as well including in new zealand. we continue to see these signs of economic weakness from rising rates. also tighter financing conditions because home sales slumped in november. other factors we are watching, in china, expanding covid case numbers, more stress on the hospital systems. and geopolitical tensions as well. given we just heard that japan could now be following the u.s. in imposing export controls on the chipmaking technology or equipment to mainland china. we're singh futures .2 a fractionally weaker start. china is the sole market in the trade in the red. this is the picture across the rest of the board. the yen dropped as much as 1% against the greenback strength. head of the inflation reading. shery: let's talk about those inflation readings. the u.s. cpi print expected it show easing in november. as the federal reserve goes into its last meeting of the year. our policy editor kathleen hays here with the lat

what role the u.s. can, should, must play for the long run there and how you see the arc of that conflict over months or years, what comes to mind? >> so, in terms of whether we saw it coming, when i entered my job as national security advisor in january of 2021, the notion that there would be the scope, scale and ultimate objective of an invasion, seizing a country and essentially trying to wipe that country off the map. that was not something i was expecting. russia had already invaded ukraine and further invasions were something that we had to consider to be a real risk and in the earlier months, we saw a big russian buildup on the border. but the scale and ambition of the russian war against ukraine that was unleashed in february was something that really only came into focus for us towards the end of last year and of course, then we did see it coming and in fact, told the whole world what we saw coming, having made the strategic decision to declassify tension to share with allies and the public, to

a u.s. judge has released disgrace cryptocurrency second of sam bankman-fried on a $250 million bond. he is facing fraud charges related to the collapse of the ftx cryptocurrency exchange which he founded. prosecutors accused him of stealing billions of dollars from customers. parts of northern india including the capital are shrouded in dense fog as the country's pollution crisis combines with wintry weather. wednesday, low visibility led to a major vehicle pileup. millions of americans are under severe weather warnings as a major winter storm moves across the u.s. freezing arctic air is bringing blizzards and icy winds to much of the country as it pushes southeast. forecasters are warning that temperatures could plunge as low as -45 degrees celsius in some areas. the record-breaking cold comes as millions hit the roads and the skies for the holidays. airlines have already canceled thousands of flights. matthew cappucci is a meteorologist based in washington, d.c. and he told us why the sto

. >>> in the u.s., the flu, covid and rsv is surging. i'll talk to a doctor who tells us how worried we should be. >> announcer: live from cnn center, this is cnn in "newsroom" with kim brunhuber. >>> prominent american sports writer grant wahl died covering the tournament. he collapsed during friday's match between argentina and the netherlands. world cup organizers say he fell ill in the press area and received immediate medical treatment while he was taken to the hospital. it is remembering wahl for his insightful coverage and commitment to human rights. last month wahl showed support to the lgbtq community by wearing a rainbow shirt to a match but he was stopped by qatar guards before he could enter the stadium. here's what he said a day later. >> yeah. i arrived at the stadium. arrived through security. security didn't let me through. they told me i had to take off my shirt. i said i wouldn't. they detained me 30 minutes, would not give my phone back, angelie tried to get me to take my shirt off. i wouldn't. a commander of security

let's take a look at output in the u.s. of the u.s. natural gas. the chart we are showing you now shows three biggest drops in u.s. natural gas outputs, starting from 2021. the first one was when we had the storm, yuri. the next is texas phrase of 2022, which is different from the 2021 disaster. this drop in production is what we are seeing today. this is the production side. when it comes to exports, this can impact local lng supplies. we are hearing from the years biggest lng facilities, they are suspending operations which can disrupt global flows. alix: thanks a lot, really appreciate it. let's get more on that with stephen bennett, the dem ex group chief climate officer. where is the biggest vulnerability you are noticing now with the storm, as well as the arctic air? >> the biggest vulnerability, especially as we talk about energy, is texas. the grid as a whole, both in texas and across the eastern third of the united states, is holding up well. we have about one point 5 million outages across the entire eastern united states, from the south

u.s. views on u.s. military priorities overseas emerge clearly in these reagan institute surveys. 3/4 of respondents say china is a u.s. enemy, up from 55% in 2018. 82% of respondents say russia is an enemy as well. 71% are concerned that russian aggression left unchecked will inspire other authoritarian governments to invade their neighbors across the globe. >> taiwan is on the minds of the american people. they know taiwan matters to the u.s. economy and they're concerned about president xi and the chinese communist party. >> 3/4 of respondents view ukraine as an american ally and want to continue support. eye opening stats from the reagan institute. >> bill: rachel hoff from the reagan institute. we'll see you tomorrow in california. one question here. military's performance in iraq and afghanistan, you found 47% say confidence in the military at least some. what did you take from this question? >> thanks for that, bill and thanks for having me. the question was among a variety of factors, how much h

we need to have the u.s. step up and show leadership in how we should do regulation and work with our counterparts around the world to ensure they do the same. ed: blockchain association executive director kristin smith. thank you. coming up why the leaderboard of bloomberg index shifted. this is bloomberg. ♪ caroline: going viral today is the new lineup of the world's billionaires index. elon musk was dethroned as the world's richest person. the founder of inman h has took it instead. he is worth only 167 million. his drop is the world richest came as tesla's market fell low 500 billion since the first time -- in the first time since mid-2020. this is a concern with elon musk's running twitter and his focus on his businesses. and that increasing valuation and spacex. ed: this is the first time he has dropped from the number one spot. he's been number two since september of last year. we use this as a proxy but it is interesting the valuation and spacex goes up because their fate are clearly tied. caroline:

a u.s. official confirmed to cbs news the pentagon has proposed battlefield training for 2,500 ukrainian soldiers a month at a base in germany. the news was first reported by cnn. since the start of the war, the u.s. has trained a few thousand ukrainian soldiers on specific weapons systems. >>> people across three southern states are cleaning up after a deadly swarm of tornadoes. a 39-year-old woman and her 8-year-old son were killed yesterday when a tree fell on their mobile home north. -- north of montgomery, alabama. more than 20 reported tornadoes tore through alabama, mississippi, and louisiana, destroying and damaging homes ad buildings. more than 50,000 customers lost power. >>> coming up, trump's tax returns. after years of fighting, the former president's returns have finally been handed over to a house panel. >>> an idaho vigil. family and friends honor the four students killed last month. >>> an idaho vigil. family and friends honor the four students killed last month. does your v

we have seen it in the u.s. with the five consecutive negative sessions there out of the asian markets. you see a lot of red as well behind me on the heat map. pointing to a negative open. stoxx 600 is down .20% the news flow is beginning to die down somewhat. expectations are growing ahead of the all-important ecb meeting next week. we have meetings next week we have cpi on tuesday in the u.s. we have the fed on wednesday bank of england and ecb on the same day it is shaping up to be a major week for markets before everyone heads out for the holidays in terms of the breakdown. this is the picture for european indexes. everyone of them is tilting toward the red for the week as a whole and all trading in the red. stoxx 600 down 1.6% for the week today is no excepcepexception. dax is down .50% ftse mib is down and ftse 100 is down .80%. a lot of focus on tindustrial action we will see in the next couple weeks that is likely to have an impact especially when you think about the holiday plans and disruption it could

the u.s. quite yet. some 3 feet of snow has already fallen in the plains where blizzard conditions are expected for the next few hours at least. in the northeast, the slow-moving storm could bring a foot of snow to parts of pennsylvania, new england h. in some places freezing rain. i'm joined by meteorologist britley ritz. it sounds pretty hectic. take us through what we're expecting. >> quite a few travel delays. that is already what's happening. heavily populated areas dealing with heavy snow. across upstate new york, that's where the heaviest is at the moment. rain for new york city on up into boston which as you know can cause some travel delays in itself. the best thing and best advice i can give you isis slow down as this moves on over all across the region. we'll watch this closely here where of course it will bring in the chance for snow, but also the opportunity for still freezing rain as we move through. of course, my system has locked up on me here so i can talk about what we expect

the u.s. basketball star brittney griner appears in good health after returning home from 10 months detention in russia. brittney griner will undergo medical checks at a hospital in texas. e was freed on thursday in a prisoner swap that saw a russian arms dealer released from prison in the u.s.. president vladimir putin's spokesperson said it would be wrong to see the exchange as a step towards alleviating the crisis in u.s./russian relations. dimitri mass cough described those as pitiful. the u.s. political world shaken up after democratic senator kyrsten sinema said she is switching her affiliation to independent days after the democrats sered a 49 seat majority in the upper chamber. kyrsten sinema has ruffled paths there's cash feathers, not always going along with the policies of president biden. anthony's are cut joins us. it was this a horrible shot to democrats? >> it did come as a surprise. democrats were not expecting it. they knew kyrsten sinema had an independent streak. she started

intelligence manipulating the u.s. media, the propaganda and this is been an issue for some time charlie, you've been all over this and an issue for generations that the u.s. media we get manipulated to keep a party in power and it is happening and the national conversation has been so poisoned over to the four or five years, because of what is going on social media and the fbi his either in dictating is the first amendment violation of which information accentuates and helps the party that they want to keep in power for the democrats have been using backdoors into twitter and biden team did as well elon musk is outwitting up important to twitter files were hidden from twitter buses and indicates some related so who is deleting him. >> with the most obvious answer to that is probably jim baker please refer the fbi was working up to the last few days as twitter and clearly doing everything that he can do to continue to whitewash the fbi's fingerprints, all of this operation and cited twitter in order to destroy hurt the

the u.s. says it is willing to help china with vaccines. what are the chances that the party will be able to extend that request for foreign vaccines? >> highly unlikely. if they were going to utilize foreign vaccines, they would have done so by now. it really doesn't fit with the politics of china. prevailing over this disease and going it alone. they stick by their locally made vaccines even though they have been proven less effective. there is a sense that the u.s. is using this a little bit of poke china, given the efficacy of their vaccine and the position that they are in. it is highly unlikely china will avail itself of any u.s. vaccines. haidi: emma o'brien with the latest. let's get over to su keenan with headlines. su: fcx co-founder sam bankman-fried has been released on $250 million bail after his first u.s. court appearance on fraud charges. a prosecutor calls it one of the largest pretrial bonds in u.s. history. the package includes a personal bond from his parents. it's terms re

he's been in u.s. custody for over 12 years. back in d.c., president biden and griner's wife, cherelle griner, ecstatic in an early morning press conference. >> good morning, folks. and it is a good morning. moments ago, standing together with her wife, cherelle, in the oval office, i spoke with brittney griner. she's safe. she's on a plane. she's on her way home after months of being unjustly detained in russia. >> over the last nine months, you all have been so privy to one of the darkest moments of my life. so today i'm just standing here overwhelmed with emotions. but the most important emotion that i have right now is just sincere gratitude for president biden and his entire administration. >> reporter: for months, fans and teammates of the two-time olympic champion pressuring the biden administration to bring her home. >> bring her home! >> reporter: tonight we've learned the prisoner swap came together in just the last 48 hours with the president himself signing on within the last week. griner was arrested in february whe