Needs more bases the route the Indo Pacific Region because of what he called chinas significant technological advancements. Meantime, china says the Iran Nuclear Deal is irreplaceable and says the agreement is the only way to resolve issues with the countrys nuclear program. The Chinese Foreign ministry blamed the United States or the tensions with iran. Last year, the u. S. Pulled out of that deal and we imposed sanctions. Reimposed sanctions. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 in london, and 1 00 a. M. In hong kong. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stores on the bloomberg and around the world we are following. Retail therapy. Retailers post broad gains, flexing the muscle of the american consumer. Can a strength continue to drive Economic Growth . Inv
Producer prices. Those numbers are crossing hotter than anticipated. 3 is what we expected. 6 is what they came in. Another pattern that inflation could still be sticky. In terms what have we have with the benchmark, the stoxx 600 is weaker at this stage as we get going today. Lets look at the different sectors as well to see how we are traveling. Technology at the bottom nasdaq was weaker in session yesterday. Pointing out the big a. I. Stocks, nvidia and microsoft, going in different direction. Microsoft with support and nvidia is the weakest link. Technology is down. 40 . Montcler and dior as well. We have retreat for retail names, but down less than. 10 . Red cropping up in financials. Insurance names pushing higher. Admiral at the top. Bnps is up 2 leading that banking basket. Food and drink in the green. Autos with volkswagen at the top of the basket. Utilities up. 40 . Oil and gas support. 50 . Telco on the back of vodafone after the sale of the italian asset is 6 higher. Lets l
Im going to be discussing that with these two there they are an Eastern European economist who thinks selling the assets might mean less money for ukraine in the long run and estonias Foreign Minister tells me taxpayers, they shouldnt have to foot the bill for the aggression of his next door neighbour, russia. Plus, what about the damage inside ukraine . One of president zelensky s top economic advisers tells me about the struggle to keep financing the fighting and why getting millions of ukrainians back from abroad would be crucial for the countrys future. Wherever yourejoining me from around the world, once again, a big hello and a warm welcome to the show. You know, russias invasion of ukraine is now into its third year, costing Tens Of Thousands of lives and billions of dollars. Its huge impact has been felt in economies all around the world. Its had consequences for globaltrade, energy and food prices and, most of all, in ukraine itself. So, can the assets the west has frozen and
Order. A series of votes on the house floor, we will start to the hearings and go as long as we can. Im not sure when the house members will be returning. Some and our wicker and i perform but the senate schedule, which is different in the house schedule. So we will have conflicts throughout this period. This is our return date in the senate and there are a lot of complex that are taking place. I hope to see your indulgence as we this is an extremely important hearing. Im very pleased to chairman wilson called this hearing. On the monday hes wandering in sanctions and switzerland. With russias outlined assets. It is a good friend of the night. States democratic states. We have Strategic Partnerships with switzerland on so many different issues. But that have a dark street and enabling the laundering of blood assets. Saw that during world war ii when switzerland was the preferred location for gold taken by the not seized from the. We saw that on where the monies were hidden. With the ap