as report say the u. s. is planning to add at least 8 chinese firms to the commerce department investment blacklist. so joining us now to discuss all the latest to host with the i am, professor richard will host of the economic update. christy, let's start with you here. what do you make of the latest economic data from china? i mean, is this just a temporary slow down, or is there more cause for concern here? well, yes, it is quite concerning china. economic slowdown this quarter has mainly been dragged down by worsening poverty markets. lumps caused by ever been prices. and china is timing up their financing. so stricter rules to discard speculation and using homes as investment vehicles, china, home sales plunge. and as we mentioned before, the real estate market has made up nearly a 3rd of china, g d, p growth. so you touched on a bit earlier in the us now the chinese government is now prioritizing debility. so that's usually the period that come after growth growth in all of its classes and sectors. chi

and so now you have this in the u. s. and then now we're dealing with europe with companies like volkswagen continent tal siemens. all of them have recently come out with state, they've come out with statements saying that it's not about the supply chain. they're, they're trying to sort of keep out of the issue. so it's, it's, it's clearly going to be a major factor for european companies. so pressure from european companies and u. s. companies, it's china starting to look else where it's focused on trade. well, a lot of this, i think china still really wants the technology that european companies can offer, particularly on the, on the industry side, on, on the u. s side is much more of the tech side, you know, there's another, there's another debate we could have about how you're being companies. i haven't just are not at the races when it comes to tech. but and yeah, i think, i think there they still need this tech so, and they also, but another thing we should keep in mind is that they have rules as well. that companie

even as the u. s. influence wayne's? yeah, i think by agreeing to this trade a deal, i think it's a mess. those outside the tent, namely the u. s. that east asia and south east asia are willing to move on trade with or without the support of the u. s. and i think it's very important for you to reflect upon itself and figure out what its policy is going for on economics and on trade. more generally speaking, jan, how is this our step deal different from the trans pacific partnership deal or t p. p. as it's knowing which involved the u. s. in which they tried to get off the ground, but then they pulled out of right. so i think that's a good starting point. the t p p is no longer what it was. it's now the c p t, v p, which is se significantly watered down version of what the u. s. had initially proposed now after it pulled out. and so, but still, even in this watered down form, it is a much more ambitious agreement than that. we have with us the, the membership of asset is so diverse. you have very rich countries like singa

u. s. after dozens of tornadoes tear through sick states and international observers. sound the alarm about the record levels of violence against women in kyrgyzstan around the world, countries are seen call that 19 infections and deaths. wising again to record numbers governments. we're also trying to tackle the new omicron variance. but delta remains dominant in most places. for now, let's take a look at some of the latest news lines coming in. this are, so korea has had its worst day of the pandemic recording. 94 deaths on tuesday. the career disease control and prevention agencies set a record 906 people were also in a serious or critical condition. the medical system is reaching its limits with the delta driven spread, leaving some people dying while waiting for a hospital beds petitions in the u. k of questioning sciences about the owner, con variance of coven. 19 i minister at boris johnson announced towards believe to be the world's 1st confirmed death over patience with the new var

it's something that the u. s. can possibly even remotely when, if they can't even beat the taliban, chance of confrontation and extremely high. as you mentioned in afghanistan, we left point $80000000000.00 and equipment, the entire russian military budgets. 50000000000. so it's, you know, this was we were literally chased out of the, or the country by the taliban after spending $2.00 trillion dollars. that, that's an extraordinary success. if people think we can defend taiwan, they're, they're, they're lunatic. so china has so many land base cruise missiles that can go through the 1st island chain all the way down to guam. that's taiwan is in the 1st island chain. she jin ping has said before 2025. taiwan will be reunited. so i think taiwan is on the clock. well, how that's going to affect us is 40 percent of the world's semiconductor. still come out of taiwan. when china has control of that, we're going to have to big for chips. we won't be able to make f 150. we won't be able to, to do anything here without chi

there's no official u. s embassy, anti pay for example. but on the other hand, they sort of want china to leave taiwan alone, and the u. s. has suggested they would defend taiwan militarily in certain circumstances or reports of united states is made clear to china that it would defend taiwan all if all chinese attack is unprovoked. and on the flip side is made, clearly taiwanda will not come to taiwan z dede only if the chinese attack is provoked. so that's the big picture. if things spin out of control, we could potentially be talking about a war between the u. s. and china. it means that when things are tense around taiwan, it's a big deal and things have been getting tense. under president donald trump, the you got a lot cozier with taiwan than previous presidents. and biden's administration has effectively continued in the same direction. ah, over in taiwan, the political climate shift in 2016 when president sign when took over from a pro beijing president. she's been pretty outspoken against beijing. and the question of taiwan status

you're in a china orbit or in the u. s. orbit. we'd be kind of be couple. well though we're still highly dependent on china for everything. i can use an analogy that china's gone into 1984 and the united states is going into blade runner. so china is highly controlled, it becoming more controlled, they're going to keep making mistakes like they did with bitcoin like they did in this year with the power shortage. you know, they told everyone to meet emission targets, they wouldn't let the coal producers, they wouldn't let the electrical producers increase their price. so they kind of slow walk electric production all the sudden there's no power. they're going to keep making these mistakes as they've centralized. as i've said before, china grew from capitalism. they were the wild west the capitalism, 20 years. finally, when they took over the world economy and they do own the world economy, keep in mind they produce twice. the electric chrissy united states does half of the world's raw materials flow into china for, for processing. their economy is far, far b

and here in the u. s. the federal reserve spent months and months, claiming inflation was only transitory, even as it skyrocketed to 30 year highs. chairman j powell insisted, it would only be this way for a little while before finally ending the year with the admission that the prices were seeing all around aren't going anywhere anytime soon. so i think the word transitory has different meanings to different people. to, to many it carries a time, a sense of, of short lived we, we tend to, to use it to mean that it won't leave a permanent mark in the form of higher inflation. i think it's, it's probably a good time to retire that, that word and try to explain more clearly what we mean. and with increased prices comes increased debt with congress fighting over how high to raise the u. s. debt ceiling. while the average americans wrapped up debt of their own all and all, it was truly an unprecedented year. and joining us now to weigh in on his predictions and in place in that stand is peter ship of euro paci

the u. s. should stop politicizing sports and stop disrupting the beijing winter olympics with words . otherwise, it might harm bilateral dialogue and cooperation in a series of important areas and international regional issues. she works. police and the gambia have fired tear gas to disperse opposition supporters. president adama barrow is declared the winner of saturday's election, 53 percent of the vote. the protesters say who say me double should of one concerns around a new escalation, and ukraine has said to dominate talks between us and russian leaders. later on tuesday, vladimir putin has denied that an invasion is planned, blaming nato, rather for the need to position his military as a buffer against its expansion eastwards. so laugh against president has again, criticized sweeping travel bands imposed on his country because of the army con variant, sir, or i'm opposed, also accused western governments of failing to deliver, promised coven 19 vaccines. meanwhile, france is closing nigh

ah, the u. s. has also applauded to women's tennis association for suspending all tournaments in china for concerns about the well being of chinese tennis star punctual i. who has not spoken publicly. after accusing a senior official of sexual assault, the chinese government says it will respond with firm counter measures, but it hasn't released details as to what those might be. in recent weeks, the 2 countries announced these concessions to help the exchange of business people and industry leaders are now worried that those would be at risk. katrina, you al jazeera, aging consulting turkey sign several cooperation deals in a feather, things to the bilateral ties the agreements, cover, trade, investment, health and media, and was signed by the cause. hari, amir and turkeys president george to day visit to the gulf country jamal a shell has more on the meeting from doha. a total of $1111.00 bilateral agreements between turkey and katara were assigned in different fields, economic, foreign policy, s

here in the u. s. the federal reserve spent months and months, claiming inflation was only transitory, even as it skyrocketed to 30, your heart chairman j. powell insisted. it would only be this way for a little while before. finally, ending the year with the admission that the prices were seeing all around aren't going anywhere anytime soon. so i think that we're transitory has different meanings to different people. to many, it carries a time, a sense of, of short lived. we tended to, to use it to mean that it won't leave a permanent mark in the form of higher inflation. i think it's, it's probably a good time to retire that, that word and try to explain more clearly what we mean. and with increased prices comes increase in debt with congress fighting over how high to raise the u. s. debt ceiling. while the average americans rack that debt of their own all in all, it was truly an unprecedented year. and joining us now to weigh in on his predictions and were inflation in debt stand. is peter shift of

still ahead on al jazeera while the u. s. house of representatives has banned imports from china's shin jang region. i've allegations to force labor and ester line command, beaten to death by his own colleagues, and pock storm is funny, lay to rest his ah look forward to brighter skies with sponsored play cattle airways. hello, good to see. here's your weather report for the middle east. we do have some activity moving across northern areas of syria, it rock into western portions of iran, but by and large things looking good. plenty of sun in the mix here. same goes for bucket st on at for the south in the north karachi, $29.00 degrees that the hor, $22.00. so the mornings and the nights bit fresh here. off to turkey in this situation here. fairly calm after that act of weather rolled across the la van, still a few scattered showers hanging about. but as the day progresses on thursday, you will see an improvement in conditions central africa. right now we got to talk temperatures because these hope well above average, juba of

the u. s. also applauded the woman's tennis association for suspending all tournaments and china over concerns for the safety of chinese ton of star peng. why? with the olympics coming to the u. s. in 2028. there are now questions about how china may respond both in the short and long term. katya low priscilla young al jazeera while it's close to beijing, now we can speak to chris one that katrina you and katrina will be hearing from the foreign ministry gayden coming us. what do we expect? how that's right. they're expected to give a briefing sometime this afternoon, paging time, and really were expecting similar comments. they have been repeating the same kind of sentiments over the past few weeks when these 1st rumors came out that the u. s . was mulling over this move. china has acute washington, a political grandstanding, political, political, manipulation of distorting the spirit of the games. and we've had chinese states media similarly expressed the same sentiment, saying that this is t

the u. s. south korea and china are pumping money into their own industries to become more self reliant in march beijing wave taxes on imported semiconductor materials. but china's main ship maker is under us sanctions for alleged ties to its military. the u. s. senate recently approved $52000000000.00 for america semiconductor industry. as part of a tech innovation bill. as a percentage of g d p, we spend less than half as much as the chinese communist party. on basic research. we rely on foreign nations to surprise credit supply critical technologies that we invented like semiconductors, that sunny american optimism has flickered as well. the world is more competitive now than in any time since the end of the 2nd world war. if we do nothing, our days is the dominant super power may be ending. ah. all right, let's bring our guests in, sol, june park, a political economist, and an east asia voice, his initiative fellow at george washington university. in new york city. jim anderson's ceo of soc

the u. s. is one of the worst effected regions. gabriel, alexander has more from newark airport in new jersey. delta. one of the major carriers here in the u. s. is announced her over a 125 cancellations on friday. united airlines. so another major airline here in the u. s. over a $160.00 cancellations. they say this is all due to a pilot, a flight attendant and other staff shortages staff that have been hit by the new armory cron barian that is hitting the north east of the united states from jersey, washington dc. new york particularly hard new york city address is the u. s. epicenter of the henri cron variant u. k prime minister boss johnson has urging the public to get a boost of vaccine shot over the christmas holiday. he's resistant calls for tighter restrictions as combine a virus case is search to record highs though the time for buying presence is theoretically running out. there is still a wonderful thing. you can give your family and the whole country that is to get that job, whether

now in his speech outlining the u. s. as in the pacific plans, secretary of state, antony lincoln that the u. s. will work with its allies and partners to descend the rules based order. he was forthright in his remarks saying countries are concerned about china's actions. and he listed some of these, which include china using his, its economic strength to punish countries as policies. it disagrees with, and china laying claims to large parts of the south china sea countries across the region. want this behavior to change. we do to that's why we're determined to ensure freedom navigation in the south china sea, where beijing's aggressive actions there threatened the movement of more than 3 trillion dollars worth of commerce. every year, lincoln stressed that the u. s. is not trying to make countries choose between the us and china and for many countries in the region. there is a balancing act involved. china is a very important trade partner. but many of also traditionally looked to the us to provide security in the region

when ask about this new law in the u. s. this is seen as one of the toughest laws on the books facing some large companies that are doing business there, including apple, including mini textile manufacturers. how tough can this be? will this be, how do you look at it? i think it's a tremendously daunting from the company's perspective. they are being asked, the owners of proof is on them to show that their supply chains in no way are benefiting or relying rather on forced labor and change on. and you have to keep in mind that they already, sometimes, you know, it's not always easy for them to get to the bottom of, of where their products are being sourced. they tend to focus on their top tier suppliers. they don't want to get in trouble because a 1st or 2nd tier supplier isn't doing something that the us government might see as, as objectionable. but in this case, we have multiple tiers of suppliers. you know, 23456 level suppliers. and if any of those are relying on forced labor in china and particularly in change on those

so that's how things are playing up, particularly of a shin jang, between the u. s. and china. but what about europe? and china, well, it's interesting, rob, i mean, a lot of things seem to be coming together right now. i mean, a lot of different factors that have been going on actually for years. i mean, we've known about a lot of these issues for a long time, and these companies have known about these issues for a long time. and when you think about how it works with the factory or with it, with a company like say, intel, you know, they've got 6, maybe 6 more. who knows how many levels of supply chain going on am. and clearly they have made preparations for the fact that this, this legislation is coming, coming in. and so now you have this in the us and then now we're dealing with europe with companies like volkswagen continent tal siemens. all of them have recently come out with state, they've come out with statements saying that it's not about the supply chain. they're, they're trying to sort of keep out of the issue. so it's, it's, it's clearly going to be a major factor f

which of the rhetoric coming from the u. s. and e u leaders sounds pretty aggressive. we see plenty of fake news about russia allegedly planning and aggressive invasion. china shrugs off a u. s. boycotts of its winter olympics pointing, and the american diplomats weren't even inviting.

think and stressed that the u. s. is not trying to make countries choose between the us and china and for many countries in the region. there is a balancing act involved. china is a very important trade partner. but many of also traditionally looked to the us to provide security in the region. some analysts say that for the us to deepen its ties in the region, it has to have been effective economic strategy. and bring can seem to acknowledge this in his speech, things the us will identify opportunities for us companies to operate here. as well as for more foreign direct investment to flow into the region. in south korea has had his worst day of the pandemic recording. 94 deaths on tuesday. the korea, disease control and prevention agencies at a record 906 people were also in a serious or critical condition. a medical system is reaching its limits with the filter driven spread, leaving some people dying on waiting for hospital beds. the 1st case of omicron has been the taxes in mainland china, authorities in the city o

the u. s. is also suffering from soaring inflation. many americans are blooming the biden administration for that with a 5th of respondents and a recent nationwide policy per leadership in the country. so the problem doesn't include democrats with some quitting the party and even switching sides, breaking it all done for us. ortiz kill of morphin. apparently, it's not only working families throughout america who are disappointed by the biden administration's handling of several crises. it's also members of biden's own democratic party, some like the former spokesperson for the washington dc. mayor, have decided to switch over to the republicans in hispanic and also black eyes. i should be democrat by default, but i'm going against their narrative and i feel like right now, everything is crumbling for the democrats biden is completely destroying the economy right now. and people can feel it in. so that's what's happening in washington, d. c. now, washington, d. c is a city that is pretty solidly in the democratic camp. democrats sometim

as new reports indicate u. s. federal agencies, including the military, have purchased china, made video surveillance equipment banned from youth in the federal government. now, according to purchasing records, seen by tech crunch and video surveillance news site i p v m. the agency called elective li, spend thousands of dollars on purchasing video surveillance equipment manufactured by laura x. a wholly owned subsidiary of di was technology. now you probably never heard of this company, but it is one of several from china that were banned from selling to the u. s. federal government under 2019 different spending law over the years. fears that the technology could help the chinese government conduct. so for more on this let's bring in, boom, that's fun. and christy i to discuss ban. let me start with you. we break down for us. what this report found, what government agencies were buying this equipment? yes, pretty interesting as, as we've talked about for about 2 years now, right, there was been a huge concern abo

s. intelligence had been surprised by this, of course, you know, if u. s. intelligence has been completely gutted in china is, you know, stacy but came out earlier this year. the united states lost the entire network in china. there was over 30 people executed. they were hacked in all the cia assets or in china, had been gone for 2 to 3 years. so it doesn't surprise me. they have no intelligence on this. i mean, we're under, like you just said industrial, we're in an institutional collapse of some kind. you can see at the military, you can see it in the money printing. you can see in the lack of being able to get anything done. and that's where we're at also like if you turn into the cable news and particularly amazon be c like half of the tv presenters are like celebrity intelligence. bimbo. so they're, they're cia agents, f, b i, agents. and they're like on television instead, which kind of reminds you of the end of the roman empire, like there's a sort of bimbo vacation going on and you know, who doesn't want to be a celebrity instead of like going ou

the u. s. n u n. have condemned the killing of at least 4 protest is by security forces in sudan. they was shot during a crackdown on nationwide protests. in some city security forces used t gas to disperse crowns more than 2 for more than 2 months, rather pro democracy activists in sudan have been matching against the military, which seized power in october. mohammed val has more from the capital, cuts him earlier in the day, or the impression was that to this day sir, protest was a, a less violent. and the numbers are for testers, less than during the, the, the previous occasions. but, you know, as the day progressed, it became clear that because security forces prevented the protest as an on demand to reach cartoon to cross the bridges into thing, central cartoon or the mate. the major consultation took place in on doorman itself, particularly in their street called shara allow by in, at, thus, where a goals are processed as were killed, 4 of them, according to medical sources, and also sources from the side of the year of the revolutionaries. the resistance committees, it, it'

v w executives wanted to expand in the u. s. and devised a plan. they called it to u. s. o 7, clean diesel. the executives wanted to take over the u. s. market, and eventually become the world's number one call maker. this was in 2005. the call maker began working on a clean and economical diesel engine to win over new drivers in the u. s. called the e. j 189. it was designed to conform to the strict to pollution standards in the u . s. small remaining relatively cheap. the engineering involved, however, was beset with problems from the outset for that is to as we'll do a global, sheila declared exact um, reduces plenty of engineers, said it would be too difficult to meet the u. s. 07 standards with the 1st engine always. but in guy they were ashamed, but didn't know how to make their project happen. this leave you with the shop door . but the pressure was on the e a $189.00 was stated to be ready for mass production within 2 years, as opposed to the 4 or 5 normally. doug keeps done it bizarre. then there are the ones who like to up sell for cough. i will manage it. i'm g

s. u. s. treasury threatens american journalists with hefty fines, if they work for certain publications. one often daniela's ash has his story with us treasury was powers. it was enormous. that of an individual freelance journalist that was microscopic that some of them are so frightened, they're unwilling even to give interviews like this one. and the number of countries registering the new. i'm a chrome strain of cove, it's more than doubles to 57 since last week. the w h o talk to, i'll tell you about the frets it poses. i'm really hopeful that 1st of all, the actors back.

i think the u. s. things well, there could be worse things when, but right, just to be clear, the geothermal energy that all sound will be using to mind big coin, which is a fact stranded energy or energy that's not being used. it's, it's ecologically in that it has no ecological footprint. whatsoever, as a matter of fact, it pulls away from those industries that cause ecological problems. also in el salvador, the economy is set to grow and their carbon imprint footprint is said to decline again, that goes against those people that have been supporting the white elephant projects on climate change. we're finding out, for example, in great britain that the wind energy projects that they've built over the last 20 years are becoming years less because something like less than 10 percent utilization last year because we have a collapse of actually the wind flows around the world due to the ex, credible pollution that generates by 8000000000 people around the world. so again, help me understand, you know, h

s. operating their u. s. president's loud your own strikes. it makes them appear in the words of the u . s. media as quote presidential. so in other words, when u. s. presidents are acting in a heavy handed manner against p, mainly people of color in foreign countries, they look good in the media. us attacks, countries that can't fight back small in the countries taking a swing around the globe. now to look at some other stories around the world, at least one person has been killed and dozens injured after mountain said, marrow volcano, on the indonesian island of java erupted on saturday. media reports say villages in the vicinity of the blast became covered in debris. and thick smoke obscured the sun, leaving them in darkness. several 100 people have reportedly been moved to shelters . thousands of protesters in paris demonstrated against covered restrictions on saturday. ride gear clad police tailed the march and math with anti government sentiment rising amid the introduction of health passes and mandatory masks and all indoor settings goi

busy power in asia, the u. s. and china are followed by japan, india, russia, and australia. australia is important here as it has maintained its ranking, despite trade disputes with china, which the authors of the report say, have improved its resilience in 2021. go ahead and dig into what all this means. the professor richard wolf is the host of economic update. and author of the thickness is the system. when capitalism failed to save us from pandemic or itself, professor wolf, always a pleasure. i wanna start with the top of the list here. why has the united states been able to increase its influence and even power in asia, even as it has this strained relationship with china over the last several years? well, i think the question is wonderful, but i'm afraid and i hope the not not to hurt anyone's feelings and australian independent think tank funded by an australian billionaire who made his money in shopping malls is probably a case of wishful thinking. most trail you this year made a commitment, want to canc

but critics say the u. s. lacks the moral authority to hold such as summit. we directly arm and finance some of the most authoritarian an inch democratic governments around the world. the case that comes to mind over and over again is saudi arabia, where we continue to sell arms in the millions, billions of dollars to a government that who stated goal. he's not to support that democratic re foundation. the guest list for the summit has also raised eyebrows. countries like india and israel has been invited to attend. they've been criticized internationally for their authoritarian responses, kashmir and the palestinian territories. meanwhile, turkey and hungry, both nato allies are excluded. it does not mean that we are invite that every one we're inviting were giving a stamp of approval on every democracy is a work in progress. divisions over the 2020 u. s. election. continue led by former president trump, who has still not accepted the results or his defeat. democrats say that sentiment has motivated republicans to change voting laws in some states to restric

as long as the u. s. want, wants that i think it's very easy to imagine you're building up more capabilities and making them useful within, within nato, by carrying more of its own way. in terms of deterring russian aggression and not just relying on on the u. s. for this. so as long as nato is viable and as long as the u. s. is able and willing to underwrite the european security more capabilities will also make on the european part will make nato stronger. so that's not at all. busy the contradiction and at the same time as a hedge against the possible future in which the us no longer the underwrite european security. and to a very clear future in which the u. s. is much more, much more focused on the in the pacific theater. so that europe needs to take care of relations in its neighborhood, especially also with russia by itself. when glen has a very funny reading of history and the relations with russia, where europe and the u. s. are the only culprits were a shiny, happy future with the kremlin would

k. finalizes, it puts pressure on the u. s. y. because now the u. k isn't much stronger position to negotiate the u. s. u k tre deal because they're having all these other deals completed across the country. and you're right. this is the 1st one that's actually from scratch and eliminating all tariffs. but let's talk when she was secretary of trade, she did complete 70 other ones. so that's really important in terms of the u. s. one other factor, it's very important also in terms of the you case pivot towards asia. this is one of the things in terms of moving away from the e u. the u. k. wants to pivot to asia, that trans pacific, packed in terms of all those nations in the pacific region, australia was a member of that. so this is one step further to completing that agreement as well . so overall, huge. yeah, no, that's fascinating to see how, you know, i know you mentioned the buying and ministration specifically and putting that pressure on them. yeah, i think that they are actually really feeling that pressure on their end. is this something tha

and the u. s. as announced a diplomatic boy caught a b james winter olympics. china calls it publication, and that is all your sport for now. it's now back to lauren in london. thanks very much. dean foreign quit monday you and catch up any time with our website address that his al jazeera dot com. i'll be back in a couple minutes with another full run of today's news. thanks for watching annisa . ah ah. december hollow, jessia, cattle hose, the fever, arab cut, a momentous event for the region and a glimpse of what's in store for the 2022 wild cup people in power investigates the use and abuse of power across the globe. a world exclusive interview with joint nobel peace, lori, if recognized by safeguarding freedom of expression as a pre condition for democracy, and lasting peace from shore documentary too in depth, explain it. portal showcase is the best. the vouchers, iraq digital content as the year draws to a close. we look back at the events that have shaped the news and look ahead to next yea

and the u. s. has warned russia of severe sanctions if it invades ukraine. president joe biden and baton rouge and held a to our virtual call that ended with no breakthrough. putin ones guarantees that ukraine wont join later. now the funeral of a sri lankan man biesen to death and pakistan on friday is about to begin in his home country. a crowd attacked brianne to deal with donna before dragging him into the streets and setting him on fire staff at the factory wade. he'd worked at accused him of destroying a religious poster. pakistan's prime minister says more than a 100 people have now been arrested. well, let's speak to michelle fernandez. she is outside victims, home in tampa, in sri lanka, manella. i understand that mr. dia donna had a wife and 2 children. how is everyone doing that? her? that's right. no sir. the entire family is very much in a state of shock. i spoke to his wife, ah, who is? i still trying to take it all in the fact that her husband is no more and then he came to such a br

u and u. s. are at handling a possible pandemic exit. it's kind of like a boxing match because in one corner you've got the you christine, regard, emphasizing that the pandemic is what the, pressing the resume threatening growth. and that in order to ensure recovery and exit the e. c. b name needs to maintain both flexibility and as well as optionality, while making this a step by step process and that one massive full exit. well in the other corner you have in the red, white, and blue trunks. the federal reserve, jerome power, leading the charge being definitive, saying the u. s. will end all of its bond buying by march, accelerate. the time table for interest rate increases. inflation may be at a 31 year high, but the us is heading towards strong growth and full employment. and now who's with me? it's so different in terms of their approach total opposites. and the truth is what these different approaches are doing. they're setting the stage for a very choppy 2022 with the fed determine the end as the purchase of dispensed as possible