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Thats how it started our intention was to lounge around cuba. We wrote a chapter, sat around with friends we went to venezuela, china, the border of north korea russia, ukraine, georgia is up in chicago and ch, but we just traveled to different sociadifferentdifferef the socialist, former socialist countries. It is a very anthony ordained pj orourke style book. I think if we say that on a second line isnt our normal academic book. We have been good friends for a long time and we are both in texas now, so its easy to collaborate. He was at san jose state and before. What did you find in cuba . At first it feels like any sort of other. Until you start noticing like youre walking down the streets and restaurants or bars that way, looked in other streets you can tell fully residential strt from a business street. One of them is the absolute absence and the other is the prices are just completely dont make sense and i dont know if youve traveled it is a tradeoff between quality and price. A ....
A Research Associate at build rates. Institute of European Studies adding ban and we crossed to alexander markovich. He is head of the 2 vote off institute in vienna. All right, gentlemen, crossed off girls and a fact that means he can jump any time you want. And i always appreciate vladimir, you were born in the soviet union. So i want to go down history lane since this is actually a program about history, a very important history for millions and millions of people around the world, particularly in russia. What was victory day, like when you were living in the soviet union as well . It was a really, really, you know, joyful a holiday. You know, 1st of all, there was a call kind of glossed out of, you know, may, these may 1st may, 2nd may, may 9. So everybody was like, spring, everybody was celebrating and you know, there was, of course, so it shouldnt be just sweet mo ....
A warm welcome to you. 7 00 a. M. In central europe. We are back to black. Msci asian stocks are up. A little bit higher, but asia is back in the black. So is the s p 500. Stocks remain cheap relative to bonds a higher longterm Interest Rates and 10year gilts stay below 4 . A little way to run. Tronger cpi stronger inflation data, a stronger economy which quid pro quo drive future stocks as is supposed to last weeks terrorist attack by inflation of sentiment within the markets. Stronger inflation has given you the reaction you want. Banking stocks are little bit on the up. What can save the dollar . More on that in the moment. We are up for the fourth day on dollaryen. This is where you are seeing the dollar weakness come through against all of its peers this morning. Short. Yet fast money the yield on the tenure Government Bond year notes, core inflation on cpi rising. Take ....
High. We will get the view from Goldman Sachs. There are record deliveries for airbus. We will speak to the ceos of both companies this morning. Matt remember how inflation scared markets into a massive selloff a couple of weeks ago . Yesterday we got the strongest month over month cpi numbers 12 12 years anders in u. S. Stocks rallied. You saw a spike in treasury yields. Take a look at the 10 year here. You can see just a massive yields. In treasury the yield has gone up, as investors sell the debt. That makes sense if you expect more increases from the federal reserve. The question is, what happened to stocks . Guy i dont think that you or i could even bother to explain. The yen is really strongly bid, so the dollar continues to go down. The strong concerns see currency out of japan does not seem to be bothering the authorities. Kei wask kind nic also trading higher. Is big this morning, gasoline is also. With parsing a bid we ar ....