in europe. better indigenous this continent here. but the united spaces is the crystallization of bad. i mean, like the nazis said that the greatest moment in the history of white power is the creation of the united states of america. everything that is wicked about the west is, is, is ramping in washington. and the solution that they're putting forward is, is everything that's evil and dastardly about the west, that's the solution that putting forward it's domination in joe biden, gives a speech a t. m. see the new headquarters as being an added states and says that we're putting out american products. this is not just a signal to the chinese, you know, that there is a trade war against china. this is also talking about south korea that's talking about japan. this is talking about europe, especially, you know, that the industrialization of europe will benefit america with, as the other guests mentioned the, the inflation act. yeah. you know, the united states is setting themselves up to benefit

in europe. it is excluding russia. ok. not the other way around. ok. i and, and, and it came to a finer point here. as you've already said, this program rush, it energy is still going to europe. ok. they didn't cut it off. it's a europeans that are cutting off russian energy. let me go to brian. he may go to brad in prague here. you know, one of the things that we're hearing is that the, the, the americans want the, the europeans to go along with their policies against china. that's not going to go down very well in europe. brad. yeah, actually i just wrote a piece about this and in fact, you know, you bind people like just the bro even have the courage to say that european countries don't want to have to choose between beijing and washington. and that's because it's just in their plain self interest. i mean, but it being the china has a lot to offer. the european union, china is consumer market within the next decade, will be bigger than united states. and they are hungry for european goods. i

in europe. it is excluding russia. ok, not the other way around. ok. i and, and, and it came to a finer point here. as you've already said, this program rush, it energy is still going to europe. ok. they didn't cut it off. it's a europeans that are cutting off russian energy. let me go to brian. he may go to brad in prague here. you know, one of the things that we're hearing is that the, the, the americans want the europeans to go along with their policies against china. that's not going to go down very well in europe. brad. yeah, actually i just wrote a piece about this and in fact, you know, you bind people, i just, the bro even have the courage to say that european countries don't want to have to choose between beijing and washington. and that's because it's just in their plain self interest. i mean, but it being the china has a lot to offer the european union trying to consumer market within the next decade will be bigger than the united states. and they are hungry for european goods. i mean

specifically, central europe has been hit, poland, along with other countries of central east in europe and germany and many other countries. i've been starting to build by with european support, so called interconnect doors to make the gas markets truly european and not landlocked to nation state. so austria and check lock and angry. they're being offered and they're being, they're having these interconnect or is built to make the. busy the energy market and the gas market, specifically, fully accessible to all europe, for them to be more resilience against such kind of blockades, by, by ro, doctors clearly let's, let's continue with this idea of, of the interconnected world, e, u, energy independence, co, interdependence, is that wishful thinking, do you think there will never be independence, but interconnected at wis of europe started to build into connect as actually way before 2008, they started when they, we have billeted when actually us money rehabilitate that. the gas bra ma'am. pipelines they were interconnect dispelled from z, brooker in them, in the, in, in holland, you kno

specifically, central europe has been hit holland, along with other countries of central east in europe and germany and many other countries. i've been starting to build by with european support, so called interconnect doors to make the gas markets truly european and not landlocked to nation state. so austria and check lock and angry. they're being offered and they're being, they're having these inter connectors built to make the, the energy market and the gas market, specifically fully accessible to all europe for them to be more resilience against such kind of blockades, by, by ro, doctors clearly let's, let's continue with this idea of, of the interconnected world e, u, energy independence, co interdependence. is that, is that wishful thinking? do you think they will never be independence but into connect that with europe started to build into connect this actually way before 2008, they started when they we have billeted when actually us money rehabilitate that. the gas bra ma'am. pipelines they were interconnect dispelled from z, brooker in them, in the, in, in holland, you know, wi

europe after the world war 2 of in eastern europe after the call of the berlin wall. and then the break up of the soviet union. and the process needs the transatlantic community. so to see that is incredibly, regardless of who's in power, who's in office. he's out here in the we're, he entered towards a greater alliance with united states. so it's not easy, of course to out, even not even the us presence, but the very thinking that the u. s. is ultimately the force of russia is the force of evil. and you know, occasionally, i mean, it's pretty clear, i guess, the pattern line, you know, kind of a roller coaster and now we see the russia threat kind of dominating the narrative . i wonder what the, you know, there might be some intellectual or it's not existential crisis. in terms of thinking of what to do with russia when and if it stops and, you know, running the country now they have this beautiful bottom until the president. then perhaps the talks about, you know, hopes for russia being liberal, then they will run against the harsh reality. a lot of things that russ

. >> the countdown is on in europe. this is bloomberg markets: european close with guy johnson and alix steel. guy: 4.4 4 -- 444.1. technology is leading this off the nasdaq rally that we saw post-powell. the darkness under pressure per there's the cable rate, i had to check it earlier. we are up by 1.75%. keep an eye with what's happening on credit suisse. awfully close to the capital rates off of price. i think this is the 13th day down but we see for credit suisse. that stock is down by another 4.89%. tings are getting really crunchy in zurich. alix: what happens if the stock price keeps going down. it's a legit question. in the u.s. were off the lows pretty much flat on the day. that ism was weak. we saw employment going into contraction territory so that really the highlight. i should point out the dow is underperforming. salesforce is down by a whopping 9%. another readthrough of a tech company struggling and looking at a weaker economy in europe and the u.s.. you also the copresident, the co-ceo and vice chair re

while western europe appears to dither. we ask the war and ukraine is eastern europe leading the continents response. hello, welcome to to the point. let me introduce today's pat. that's frank hoffman. eastern europe corresponded at d, w. and there's a vendor, lena fun but a little belin corresponded and bureau chief for the economist magazine on joining us from bon another. d w. a colleague, brahman, gone to rank, hope trauma, russia desk. i'd like to start with you a roman looking at the front lines right now. what kind of help does you cry ukraine need right now? well, it hasn't changed. you can still needs a mission. it needs more weapons. heavy weapons like tanks like long range missiles, because we are now dealing with a de facto a stalemate. russia is trying to achieve some, some trying, trying offensive in the east and ukraine by the city of baltimore in the region of the an ask because a roger is trying to compensate for the defeated had just a few months ago in eastern ukraine and in southern ukraine in the region

in europe. better indigenous this continent here . but the, but the united spaces is the crystallization about. i mean, like not these said that the greatest moment in the, in the history of white power is the creation of united states of america. everything that is wicked about the west is, is, is ramping in washington. and the solution that they're putting forward is, is everything that's evil and dastardly about the west, that's the solution they're putting forward. it's domination in joe biden. gives a speech a t s m c. the new headquarters that so being states and says that we're putting out american products, this is not just a signal to the chinese, you know, that there is a trade war against china. this is also talking about south korea. we're talking about japan. this is talking about europe, especially, you know, that the industrialization of europe will benefit america with, as the other guests mentioned the, the inflation act. yeah. you know, the united states is setting themselves u

in europe. it is excluding russia. ok. not the other way around. ok. well, i and, and, and it came to the finer point here. as you've already said, this program, russian energy is still going to europe. ok. they didn't cut it off. it's a europeans that are cutting off russian energy. let me go to brian. he may go to brad in prague here. you know, one of the things that we're hearing is that the, the, the americans want the, the europeans to go along with their policies against china. that's not going to go down very well in europe. brad. yeah, i've actually just wrote a piece about this new back. you know, you'd bind people just to bro, even have the courage to say that european countries don't want to have to choose between beijing and washington. and that's because it's just in their plain self interest. i mean, but making the china has a lot to offer the european union trying to consumer market within the next decade will be bigger than united states. and they are hungry for european goods. i

and failed. meanwhile, neo has launched its e t 7, executive sudan in europe. he comes with a unique service program that enables drivers to swap empty batteries for full ones . in a matter of minutes. there'll be neil houses opening across europe. upscale show rooms ended elevating the ownership experience and the neo mile range will soon see the addition of sub brands for compact models. there's a strategy behind it. the key was to introduce a flagship, a halo model, right? which demonstrated technology, which ha, ha, ha, hi, price point and, and the house, the margin right to start business. and then go into the mass market. china doesn't just have the executive segment in it, sites from the sporty by atto 3 to the multi purpose by d one and the or are one many. there are cars for every budget and with a series of smaller models about to hit europe at the lower cost segments. we see that the um yeah, there's no broad act offer from my are folks wagon or yeah. other, oh yeah, uber pin or western a common use actress m, but the chinese deliver the chinese gove

i'm making make changes. europe revealed this week on d. w. a . ah ah. does data we news line from berlin, russia, blaine's ukraine for another drone attack? this time on an air field near the border an oil storage facility, and course airport is left in flames. one day offered to air bases deeper. insight . russia were apparently targeted by drones or bri.

so far, many parts of europe have been left out. i think we have the potential to solve some of our most complex. hm. pressing problems from inequality to climate change enable by technology across all kinds of sectors does not guarantee that we capture all those benefits. my concern is that we fail to capitalize on the opportunities we take the wrong decisions. we try to prop up and protect uncompetitive dying industries that comes out the leadership. ultimately, our ability to take the right decisions to live live, or us a much better world, a much more prosperous, much more resilient, much fairer. well, we have plenty of opportunities to make mobility in europe more sustainable and fairer starting now, many technologies are already available. how consistently we approach the changes to pens above all unclear decisions. along with our willingness to make changes to our habits. ah ah ah ah ah. is the end of the pandemic in site? we show what it could look like. will return in the normal and we visit those who are finding it difficu

you know, we talk about old europe and new europe. you know, that's an argument with classic or by the bronze age. some people might say that us the comparison we should meet with the union, but you know more reason to think it was don't room schools who said the interesting the old europe when he was referring to eastern european countries supported the americanization of iraq in 2003 and the urban union of france and germany didn't. i think that's probably for most people a sort of reference. but, you know, that's where that's where there's a real division within so called foreign policy if we can imagine if we, if we will that opinion and has a foreign policy of some sort. so we've got a real problem with division. most of the eastern european countries are going along with a plan, which they don't really believe in real worries about because they're thinking much more the long term rushes neighbor, you know. and also many of these countries, when they joined your opinion, launched most of them joined, 2004, a couple of joy later i

all the russians who live in europe are worked in europe. all the multinational companies that were best in europe, that trade, that you reference before. those economic ties, those have been destroyed, some of them will never come back. there are many companies that will never contemplate investing in the russian market again, even if sanction lifted, it will be what it was before. and russians are now hated by ukrainians for generations to come. and russians now look like per, i is double pariahs in russia in the way that, you know, honestly the germans felt back in the 1940 isn't in the immediate aftermath of world war 2. it's going to be a long word back. it's not impossible because, you know, here we are, this is don't develop, we know that countries can recover from this. but it's a lot of hard work. and that's, you know, what we're going to be facing with russia again, which is starting again to figure out how we engage with russia in europe, in a new european trade, economic insecurity, context context moving forward and how we rebui

central europe. poland and other countries in eastern europe and germany and many other countries have been starting to build with european support so-called enter connectors to make the gas market truly european and not landlocked to nationstates, so austria, czechoslovakia, hungary, slovakia, they are being offered and they are having these enter connectors built to make the energy market and the gas market specifically fully accessible to all europeans and to be more resilient begin such blockades by road -- rogue actors. anchor: let's continue this idea of the interconnected world, the eu energy independence, co-interdependence, is that wishful thinking, do you think? >> well, there will never be independence, but europe started to build those connectors before 2008 and started when they with u.s. money rehabilitated the gas pipelines, they were built in holland with the north sea and british gas, so this has been a trend that is important because we get gas from algeria, from the mediterranean,

why the kind of set up we're not even close to in europe. we're not really throw yahoo, which title and for pounds, and i will panel kind of cough commercial customers and company cars or the entry market for new electric cars who annoyed act was out and on that front fixed recently said that it was buying 100000 e cars from china's byte talent, he out of something she has to law by and 6 is a german based international rental company. and in future, any one reserving, one of their e cars will have a 5050 chance of being handed, the keys to a slick looking bide like the hon in 51. there are 2 reasons. first, the availability of cars and the foreseeable future of our and the fact that chinese models are certainly comparable to high and european models. we're twine our patient pinion one day. when it comes to e mobility, the chinese are slowly but surely getting europe's traditional automakers hot under the collar. the human excellence in internal combustion engines was undisputed, but now with electric mobility are there, the cards got shuffl

specifically, central europe has been hit land along with other countries of central east in europe and germany and many other countries. i've been starting to build by with european support, so called interconnect doors to make the gas markets truly european and not landlocked to nation states. so austria and check lock and angry. they're being offered and they're being, they're having these interconnect or is built to make the, the energy market and the gas market, specifically fully accessible to all europeans and to be more resilience against such kind of blockades, by, by ro, doctors clearly let's, let's continue with this idea of, of the interconnected world, the e. u. energy independence, co, interdependence, is that it's not wishful thinking. do you think there will never be independence, but into connect that with europe started to build into connect as actually way before 2008. they started when they rehabilitated when actually u. s. money rehabilitate that. the gas bra, ma'am. pipelines they were interconnect the spilled from their broker in them in the, in, in holland you kn

. . ., , , ., europe. so clearly trying to weiah europe. so clearly trying to weigh up — europe. so clearly trying to weigh up between - europe. so clearly trying to weigh up between the - europe. so clearly trying to weigh up between the twol europe. so clearly trying to - weigh up between the two sides, america first but not alienating europe, and france in particular. you said star—studded, anna wintour was there, interesting guest list. but also they exchange gifts. what did they give each other? extremely thoughtful gifts. the macrons bought a cd and a vinyl from a film from the 60s that the bidens saw on their very first date. the bidens saw on their very first date-— first date. hopefully a good christmas _ first date. hopefully a good christmas bonus _ first date. hopefully a good christmas bonus for - first date. hopefully a good j christmas bonus for getting that one! �* , , , that one! i'm guessing they didn't do — that one! i'm guessing they didn't do the _ that one! i'm guessing they

um, at the moment when something like this is happening a war in europe imagine the first war in europe since since the wars in the balkans in the 1990s. it's natural, i guess that this side that warned of this scenario has a stronger position politically also in the european union. but does it have, does it have that stronger position? really, roman please, please do. just to follow up, i think 30 years maybe it's too long perspective to look at it the red red lights should have gone on in the 2008 as russia fought war with georgia. uh, and at at the latest 2014 with the annexation of crimea. what germany tried to do before maybe was not so wrong to try to establish a new relationship with russia tried to trade with russia, but it failed. it failed and it was obvious in 2014. and since then it was a mistake, by by the german government to believe that they could continue more or less the same doing business with russia and hope hoping there would be no further war. that was the mistake. and this is what the countries like poland or the baltic states were warning about many point to ang

. >> the countdown is on in europe. this is bloomberg markets: european close with guy johnson and alix steel. guy: being whisked higher. trading at 1.66% -- up 1.66 percent. volume is light the holidays are almost upon us. consumer confidence data that really propelled us. certainly moved higher since then. take a look at what's happening with nike. this translates over into europe. adidas also tracking higher as well. corporate numbers are certainly helping. plus the energy story is helping out as well. below 100. down by nearly 7% now, who needs a gas cap after all. alix: s&p up by 1.6%. expectations doing well. you can feel it back and see the two stopper -- top-performing stocks. you've carnival, that stock up. there seems him booking momentum , although the first quarter did fall short booking volume see strong -- seems strong but there's weakness around here. if you beat it a little doesn't feel good for the market. that leads me to nike up at most 14%. gross margin, inventories did jump 43%. you still have a blo

western europe. i'm putting things a little bit crudely. we've solved western europe. now we have to solve eastern europe. so we've done the job, western europe. now we have to translate. these terms translates the nature of the success into eastern europe. and so there are a lot of success after 1991 in this regard. i've mentioned three of them, the three baltic republics that joined the european and join nato's. you have the expansion, the eu and the expansion of nato's to include for many former, you know, sort of countries that were under soviet that were under control and a lot of the same benefits follow the prosperity of the movement of populations. the ways in which old adversaries think of germany and poland for many hundreds of years, they've been adversaries in in in europe, poland in germany become equal members of the european union and the nato alliance. so in a sense, that recipe that had worked between france and germany, it works between poland and germany and other countries. after

specifically, central europe has been hit land along with other countries of central east in europe and germany and many other countries. i've been starting to build by with european support, so called interconnect doors to make the gas markets truly european and not landlocked to nation states. so austria and check lock and angry. they're being offered and they're being, they're having these interconnect or is built to make the, the energy market and the gas market, specifically fully accessible to all europe and them to be more resilience against such kind of blockades, by, by ro, doctors clearly let's, let's continue with this idea of, of the interconnected world, the e. u. energy independence, co, interdependence. is that, is that wishful thinking? do you think there will never be independence but into connect that with of europe started to build into connect exactly way before 2008. they started when they rehabilitated when actually u. s. money rehabilitate that the gas brom m pipelines. they were interconnect the spilled from their broker in them in the, in, in holland you know, w

while western europe appears to dither. we ask the war a new crime is eastern europe leading the continents response with hello and welcome to to the point. let me introduce today's pat. that's frank hoffman. eastern europe corresponded at d, w, and there's a vendor, lena, fun blade, or berlin, corresponded and bureau chief for the economist magazine. and joining us from bon, another, dw colleague roman, gone to ranko from, are russia desk. and i like to start with you a roman looking at the front lines right now. what kind of help does you cry ukraine need right now. well, it hasn't changed. you can still needs a munition. it needs more weapons. heavy weapons like tanks like long range missiles, because we are now dealing with a de facto the stalemate. russia is trying to achieve some, some trying, trying offensive in the east and ukraine by the city of baltimore in the region of don't ask because roger is trying to compensate for the defeated had just a few months ago in east, in ukraine and in southern ukraine. in the re

in western europe. this is mainly for financial reasons and forums of the wages differ enormous me. if you in 1000 euro had you on 2000 euro that you had a look that's already a big difference. it's all due to the money to like her. where are you going? iraq, iraq, yes. great. is a quiet the i don't understand. i'm a much mean even a little neighbor, neighbor romanian, no. bulgaria, nevada. sophia close to love div. yes. mother love law firm in france, they still diesel from me. but also while i was sleeping, told me i'm over in france in france as a real problem. awesome gemalto. i'm going to rosa holland ho holland. yes. on. bosh, marcia. this part of the load is going to marsey on this part to get belgium consolidated cargo, benchmark or rubashaw robot. torch lamp germany. nuremberg done. and then back to iraq. to seal ammonia, conchella. e law has strict rules for laurie driver is that they're supposed to return to their home country every 4 weeks for example. but although the laws are supposed to h

if we talk about the family being under attack, the epicenter of this is, is in europe that in europe, that the governments, they don't want you to get married and they are anti children. you are supposed to be gay, or you are supposed to be diverse. we are building armies in all the major cities across the world to fight, to speak out, and to witness that who was taken up by conservative christians in russia chain to make common cause with the west's moral crusaders. so we set out to investigate this movement of european conservative moral activists and traced them millions of euros, roubles, and dollars, which has helped fund it's moral crusade. the places where this comes from 3 main geographic sources. first of them is united states accounting for just over 80000000. second force is the russian federation, about a 188000000. and then the 3rd source is europe itself. 437000000. our journey began in a european countries seen by the conservative right is showing the way forward. poland has a near tinker bad on abortion, and those who defy that bad risk imprisonment district state law

europe's biggest energy provider is planning to pour millions more into renewables. so the boss is going to tell me how this will help him overcome the volatility his industry has suffered over the last year. and does nuclear power still have a future? this man runs a company trialling new technology with the us government and tells me why the advances they're making mean it's safer than ever. wherever you'rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, one of the biggest questions for many countries around the world is just how are they going to make sure they have enough energy to keep the lights on for many years to come? russia's invasion of ukraine back in february triggered an energy crisis that pushed prices to record levels all around the world. and as winter grips the northern hemisphere governments, they're struggling to make sure households can afford to keep the heating on and that businesses don't go bust because of soaring energy costs. last year, russia was one of the world's biggest energy supplier

in europe. better indigenous this continent here. but the, but the united states is, is the crystallization about, i mean like the nazis said that the greatest moment and in the history of white power is the creation of united states of america. everything that is wicked about the west is, is, is ramping in washington. and the solution that they're putting forward is, is everything that's evil and dastardly about the west. that's the solution they're putting forward. it's domination in joe biden, gives a speech a t s m c, the new headquarters as states and says that we're putting out american products. this is not just a signal to the chinese, you know that there is a trade war against china. this is also talking about south korea, that's talking about japan. this is talking about europe, especially, you know, that the industrialization of europe will benefit america with, as the other guests mentioned the, the inflation act. yeah. you know, the united states is setting themselves up to benefit

many experts say that europe's massive subsidy system is outdated. europe could easily feed itself without it, but it endures. many have grown to depend on it. part of the blame lies in the criteria that govern e. u. agricultural policies. 3 quarters of the funds are distributed according to the size of the farm. the larger the farm, the larger the subsidy with often outlandish result. nestled on romania is great. brian island is europe's largest farm. 55000 hector's of land, and 10000000 euros in agricultural subsidies every year. the money goes to al dora a company based in the united arab emirates, sharon must madeline, most airflow, no comb. or if i departed in that, in re loan air for tyria, just to the fields behind me belong to one company. osh, it's a thorn in the side romanian family farmers fact because the company practices, very intensive agriculture full assessed. i just looked at n o x 30. now they're 50 la dental products here. there that at alamo. muslim thingee bol. the satellite coil here is used mainly to grow grains. and the grain doesn't stay here. it's exported direct

europe after the world war 2 of in eastern europe after the call of the berlin wall. and then the break up of the soviet union. and the processor meets the trans atlantic community. so the see that is incredibly, regardless of who's in power, who's in office. he's out here in the we're, he entered towards a greater alliance with the united states. so it's not easy, of course to out even not even the us presence, but the very thinking that the u. s. is ultimately the course of russia is the force of evil. and you know, occasionally, i mean, it's pretty clear, i guess, the pattern line, you know, kind of a roller coaster and now we see the russia threat kind of dominating the narrative . i wonder what the, you know, there might be some intellectual or it's not existential crisis. in terms of thinking of what to do with russia when and if we're stuffs and, you know, running the country now they have this beautiful bottom until the form of present. then perhaps they'll be the talks about, you know, hopes for russia being liberal. then they will run against the harsh reali

so europe is suffering to europe is involved in his process and he's actually destroying itself still losing his power because he's been losing a lot of production sites. there's also another great danger to this regional conflict could set the whole world on the fire. the risk is real, although many politician in the west don't seem to realize it missing. now both a russian and german languages have lots of idioms about the value of good, mutually respectful, neighborly ties. and i think for the soviet union and later on for russia supplying its energy sources to here was a way of ensuring both income and economic and political stability. do you think western countries have fully understood and appreciated all aspects, economic and political aspects of that partnership? i'm afraid those, even though some did understand their workforce down, they didn't argue in the interests of the european nations, asian versus oil and gas had been the foundation of our success and prosperity in the past decade. bush, russia has been supplying cheap gas not to help the europe in economy, stay compet

so maybe i'm wrong, but i think that we are now facing that this in eastern europe and northern europe is something like western germany during the cold war. it is the front. this is where the things are developing, where decisions are taking. and this is where the military mind is also being assembled. now, i think we've clearly established that there is a passive in inside the you and also inside nato. the how do the western partners, namely france and germany. see this power shift because they've created the vacuum really? fathers to fill? absolutely. well, 1st of all, the french and the germans at the moment, it's not the easiest relationship between paris and berlin. so that's, that, that's of, in a way contributes to strengthening the am eastern europeans. and i think there's a lot of good will. but, but some of these governments are quite difficult to deal with. in particular, the polish government upholding has been heroic. and so many ways in this conflict, but on many other issues, particularly the rule of law, judges traditional reform. you know that there are tensions with

europe after the world war 2 of in eastern europe after the call of the berlin wall in the break up of the soviet union. and the processor needs the trans atlantic community. so to see that is incredibly, regardless of who's in power, who's in office. he's out here. they were, he entered towards a greater alliance with the united states. so it's not easy, of course, to move out even not even the west presence, but the very thinking that the u. s. is ultimately the force of russia is the force of evil. and you know, occasionally, i mean, it's pretty clear, i guess the pattern line. you know, kind of a roller coaster and now we see the russia threat kind of dominating the, the narrative. i wonder what the, you know, there might be some intellectual or it's not existential crisis in terms of thinking of what to do with russia when and where stuff's running the country now. now they have this beautiful bottom until the form of credit. and then perhaps the talks about, you know, hopes for russia being liberal, then they will run against the harsh reality. a lot of things that russia's be

specifically, central europe has been hit havilland along with other countries of central east in europe and germany and many other countries. i've been starting to build by with european support, so called interconnect doors to make the gas markets truly european and not landlocked to nation states. so austria and check lock and angry. they're being offered and they're being, they're having these interconnect or is built to make the, the energy market and the gas market, specifically fully accessible to all europe and them to be more resilience against such kind of blockades, by, by ro, doctors clearly let's, let's continue with this idea of, of the interconnected world, the e. u. energy independence, co, interdependence. is that, is that wishful thinking? do you think there will never be independence but into connect that with of europe started to build into connect exactly way before 2008. they started when they rehabilitated when actually us money rehabilitate that the gas brom m pipelines there were interconnect the spilled from their broker in them in the, in, in, in holland you kn

if it's image in europe, what exactly doesn't want? i see 2 main interests of cotton and europe. first, i think they see investment in europe's economy as a means to hatch against the price risks facing in the energy business. so they use europe as an opportunity to diversified, a foreign resources and foreign revenues, which is essential for the contrary government to maintain the generous support to the local population. while at the same time, they are obviously also the desire to increase their reputation and recognition international arena. suit, engagement, and popular activities like sports for instance. possibly with the long term though to conclude something like a comprehensive free trade agreement with you. ok, so based on all the, i'd love to end with a personal question. when you hired news of this corruption of scandal, what was your gut responds? were you surprised as the rest of us? why, honestly, i was very surprised because i would have expected them to choose waste that are less risky and less obvious to illegal in increasing the political influence in europe.

i mean, imposing austerity in order to force europe. now, having abandoned having lost, if you like it, supplies of materials, the energy from russia is now to, to lose the technology and the markets of china and to reconcile itself to being if you just a field in which the united states can come and pluck industries which are no longer competitive. and moving across to the united states, i saw a news item the other day that one and 4 german industries are considering now in transferring production somewhere else because they're just no longer competitive. when their energy costs are so high, compared to the energy costs and united states were made issue or in. secondly, let alone russia. i mean, they all astronaut now and so industry is, is going to be removed and they re, industrialization. all of all of the united states is going to come out of the bones of rather smaller product diminished europe. as we grow, i'll stop you there. more from the top advisor to the use. hi representative, a common forwarded security policy after this b

i mean, it's just like greece in 2008, i mean, imposing austerity in order to force europe. now having abandoned having lost, if you like, supplies of materials. the energy from russia is now to, to lose the technology and the markets of china. and to reconcile itself to being, if you like, just a field in which some united states can come and pack industries which are no longer competitive. and moving across to the united states. i saw a news item the other day that one and 4 german industries are considering now in transferring production somewhere else because they're just no longer competitive when their energy costs are so high compared to the energy costs in united states or nature or secondly, let alone russia, i mean, they are astronomical now, and so industry is, is going to be removed and re industrialization of all of the united states is going to come out of the bones of rather small or rather diminished europe as a cross drop even more from the top advisor to the use hi representative, a common forwarded security policy after this break. ah ah ah ah ah ah was pu

s. europe and the west, great that asked than world war 2. our systems are essentially one of liberal democracy market economy with social welfare state and projecting power globally. but in a friendly way, china is a political mother that these outdoor italian become more outdoors, guardian, on their shoes in pain and economic model that they, this strictly of state capital is becoming more so. and geopolitical right now, chime is flexing. his muscles, want to take over taiwan, wants to dominate their jail and germany in asia and song, and therefore their west than china unfortunately, are on a collision course on many dimensions. what about the vulnerability of something like artificial intelligence? it's something that china is pushed to all new height will a i b, replacing more and more jobs in 2023. as far as our, our mobility goes white collar jobs, as well as a factory workers and all sorts of jobs. one is gonna take time is not a matter of only 2023. but it's clear that a i machine learning robot think out donation is leaving. first t

if we talk about the family being under attack, the epicenter of this is, is in europe, that in europe, that the governments, they don't want you to get married and they are anti children. you are supposed to be gay, or you are supposed to be diverse. we are building armies in all the major cities across the world to fight, to speak out. and to witness. that cool was taken up by conservative christians in russia chain to make common cause with the west's moral crusaders. so we set out to investigate this movement of european conservative moral activists and traced them billions of euro's roubles and dollars, which has helped fund its moral crusade. the places where this comes from 3 main geographic sources. first of them is united states accounting for just over 80000000 2nd force as the russian federation, about a 188000000. and then the 3rd source is europe itself. 437000000. our journey began in a european country seen by the conservative right, is showing the way forward. poland has a near tinker bad on abortion, and those who defy that bad risk imprisonment under strict state laws

you cannot have, you know, europe with, with germany suppressed. and obviously, american tutelage is turning out to be not really a blessing of liberty that everybody thought it would be. nato is a fe alliance. if, if there is any justice in the world, it needs to be dissolved. yeah, it has manifestly served the opposite purpose of its official one. again, lord, his mace definition worked out much better in that respect. but again, not to the interest of the people involved. i would argue that don verbs in his infinite stupidity and i'm sorry, i don't have any respect for this man. he basically admitted that nader was a party to the conflict. he's actually insisting. right? so, you know, if you, if you're not involved in the war, how can you win or lose? and if you are involved in the war than welcome to the consequences, one big issue is that what we've discussed before is that it's not just historically em nisha. it is, it is a very deliberate destruction of historical memory to the point where most people in the west have this vision of world wa

europe is a massive economy. this is a huge risk to it and global economy and sadly america may end up benefit we will talk about it more in ten minutes on "squawk box." >> that's a great tease for the coverage thank you very much. see you later on this morning. that does it for us on "worldwide exchange. brian noted "squawk box" is picking up coverage next see you tomorrow folks, it looks like we're gonna have to land this big old bird earlier than expected because it's the xfinity black friday sale. get the fastest mobile service with xfinity mobile. yeah, we'll be cruising in to get the best price for 2 lines of unlimited for just $30 each per month. oh my! plus, for a limited time, get 500 dollars off an eligible 5g phone. even you in 22c. flight attendants, prepare for big savings. drop everything and get to the xfinity black friday sale. click, call or visit a store today. >>> good morning futures bouncing around a bit. slightly higher after stocks posted their worst day in nearly a month. we'll show you wh

while western europe appears to do that, we ask the more and ukraine is eastern europe leading the continents response with hello, welcome to to the point. let me introduce today's pat. that's frank hoffman. eastern europe corresponded at d. w, and there's a vendor, lena fun, but 8 old belin correspondent, bureau chief for the economist magazine. and joining us from bon another. d w, a colleague, brahman contra, rank hope from our russia desk. and i'd like to start with you a roman looking at the front lines right now. what kind of help does you cry ukraine need right now? well, it hasn't changed. you can still needs admission. it needs more weapons. heavy weapons like tanks like long range missiles, because we are now dealing with a de facto the stalemate. russia is trying to achieve some, some trying, trying offensive in the east and ukraine by the city of baltimore in the region of don't ask because a roger is trying to compensate for the defeated had just a few months ago in easton ukraine and in southern ukraine. in the regions like harkey and her song, so russia just trying to copy each

i mean, it's not like russia sanctioning europe. europe is sanctioning russia and this is the result here. this was a craven choice on the part of the west. go ahead by. yeah, but it's not the craven choice of the people. i mean, i'm a good boy. good point. this is really kind of forcing the issue over who is in charge and i don't mean, i don't mean just, yeah, who's in charge of the european union. i'm in hand to was macro ones then and perhaps a perennial boss. but who is essentially trans atlantic lee in charge dictating policies regardless of how opaque we run or you know, clinically retarded. they are, i mean it's almost begging the question over a wider strategic aim, a d population 400 and 252400 milli foreign and 50000000 people across europe. what are they anticipating being in order to deal with on serviceable of dad and, and a public obligations and pensions and everything to try and buy what 2030, get it down to. half of that may i know it sounds like extreme thinking, but when you're, when you're looking at a who is dictating policies that are not popular at the, to say

while in china, it increased to 18 percent here to china's outstripping europe. so what are the reasons for this development? some i'm not traditionally far 1st, of course there are the cur, supply chain problems, although that's more short term. and one at a lot of mistakes had been made in the past. the car lobby had been hoping that new combustion engine models would not after all be banned in 2035 and there was a lot of dithering. m will naturally sadler fil a fresh. and now things really need speeding up on yet securing raw materials, speeding up supply chains, l r, and ramping up battery production. and in the long term, looking at recycling facilities too. so that's a lot of factors to accommodate, like waterfall can for baths longer than when it comes to expanding its electron mobility industry. china has evidently done a number of things better than countries in europe, including germany. the chinese government has nearly a decade. the go recognized a debt there the new game. it's not the combustion engine. the more the new game is electrified mobility,