3 Episode results for "Ed Bloomberg"
Monitor Show 02:00 07-09-2020 02:00
"Ed Bloomberg, Dot Com on the Bloomberg business APP and Bloomberg quick take. US Bloomberg radio. This is Bloomberg daybreak kit for this. Thursday the ninth of July in London coming up this hour Asia stocks bourgeois despite rising washington-beijing tensions with US Secretary of state. Saying China's president is not good for freedom or democracy good, but not enough. She soon acts thirteen billion pounds. Stimulus package is seen as insufficient by business groups to hold off millions of UK job losses as the furlough program retreats. Australia, suspense extradition deal with Hong. Kong as concern grows about Beijing's tightening control in this city and global virus cases go over twelve million I'm the aunt guarantee with world news and a better second quarter for Europe's largest tech company SAP estimates with Asia. Software deals back. That's all straight ahead on Bloomberg. Daybreak Europe on the digital radio. London Bloomberg eleven three. Oh, New, York, Bloomberg One, thousand, nine, one Washington DC Bloomberg one, zero, six, one Boston Bloomberg. Nine hundred sixty San Francisco Sirus Xm Channel One, hundred nineteen, and around the world on Bloombergradio Dot Com and via the Bloomberg business APP. Very Good morning from London, I'm Caroline Hepker and I wrote you're hearing. You're listening to daybreak Europe. Live on London D., A. B. Digital Radio where the big subject goes is what Reshi soon had to say yesterday. Carolina interesting. What people are picking up on? I suppose because it's a good headline. Is the Dushi from Braschi, which is obviously?
Monitor Show 20:00 09-16-2020 20:00
"Ed Bloomberg Dot. com on the Bloomberg business APP and Bloomberg take. This is Bloomberg radio. These Bloomberg Daybreak Asia other than. The US China relations. Big Out there. People's Bank of China doesn't appear to have been MAC aggressive in terms of its monetary policy, cody and the risk of drawdown are high risk matters. Investors are looking to twenty twenty one because it seems clearer than what we're going for the rest of the twenty twenty s. Daybreak. Asia. Live from Hong Kong and your on Bloomberg radio. And Good morning to our audience in Hong Kong and across the Asia Pacific I'm Juliet Solly in Singapore Bloomberg Daybreak Asia is presented by interactive brokers. They charge margin loan rates from as low as one point five, nine percent rates subject to change. You can learn more at IB K. R., dot com slash compare them. We are looking ahead to the Fed. Let's see how markets are reacting what they did on Wall Street and get over to Bloomberg's Doug Krizner who's in New York Doug. We positively in tech shares today helping to send the Nasdaq composite higher by one point, two percent computer gaming stocks were one of the standouts activision blizzard was up more than three percent today take two interactive. By more than two and a half percent in the broader market though we had some late day weakness in tech stocks are rather in financial shares that helped take the S. and p. five hundred from the best levels of the day we did end higher though by about a half of one percent where the Dow was concerned and essentially flat reading we had some news after the bell we'll talk about Fedex. Momentarily, Adobe reported revenue above estimates after the bell this is kind of a sign of robust.
Friday 21 September
"You're listening to the briefing first broadcast only twenty first of September, twenty eighteen on monocle when he fol. This is the briefing on Monaco twenty four coming to you, live from studio one here at Missouri house in London. I'm Ben Ryland coming up a major, Russian city will rerun an election. Following reports of Kremlin interference of people finally had enough of Moscow's. Meddling will also ask whether we can trust polling data that suggests Brazil's right candidate jar Bolsonaro is on course to become president, and then I'm Kenji hall and I'm Asia editor at large for monocle. I'll be telling you why Japan has asked rugby's elite players to cover up during next year's rugby World Cup in Japan. Thank you. Kenji will also review the days front pages and we'll touchdown at Milan fashion week to find out what we should look out full on the runway. All that right here on the briefing with me, Ben Ryland. There have been large demonstrations in the Russian city of Ladda Vostok this week. Following claims, not without reason that an election was rigged in favor of a pro Kremlin candidate. The election commission in the eastern city is now said that the contest will be rerun. We'll I'm pleased to say that I'm joined in the studio now by Russia analyst. Stephen DL, Stephen is a regular contributor here on monocle twenty four, welcome to the program. The Stephen a. tell us more about the election. I in question here and of course who the candidates? Well, it was a runoff between the leading to candidates from the election a couple of weeks previously for the governor of the region, the far eastern region of plea Maurier and the two candidates were Tele Shinko who's the United Russia candidate that's the effectively these days the ruling party in Russia and Asian co, the communist candidate the which shows that you know, even more than a quarter century after the collapse of communism in this. Oh, Viet union. The communist party is still pretty strong. And the the the day was going normally people voting turning out in quite large numbers as people tend to in Russian elections and exit polls. Suggesting when there were about five percent of the votes to be counted after protein, finish the countless going on with ninety five percent of the votes counted, Asian co. The communist was well ahead clearly he was where the head by the time we got to one percent of the votes to be counted. He still two points. Two points head after the result was declared, he'd lost. He was a point behind Tarasenko the the United Russia candidate. Excuse me, laughing. It's just, you know, even by Russian standards where elections in the last twenty five years or so have been often rigged often. There's been ballot boxes stuffed with papers, and so on official bodies, like the organizations to go to cooperation Europe come out with. With coded messages saying, you know, we don't think this was a free and fair election. Journalists tend to be a bit blunt and say, this was a free and fair action. But you know, even by Russian Sanders, this this was quite outrageous. Well, many in this part of the world will have probably heard this before. In fact, probably be hearing what we're talking about now saying, well, Russian politics is rigged, yes, and, but of course we have a free press here and things quite different. As we all know e in Russia, how differently do they see these sorts of things? Does the average Russian? Do you believe look at this and say, well, obviously this was rigged because we know so much of our processes here in Russia are rigged and look at its. It's all what pointing out that flood of all-stock is very, very geographically far away from from Moscow Bengalis. Absolutely. All true and many Russians will simply Shaw shoulders and say, well, you know what to expect. And if not an geographically far away Vostok from from Moscow. It's always thought to be socially politically as has been a lot of dodge actively a lot of mafia activity in the nineteen nineties. European Russians are almost quite afraid of Vostok Marco's on there and they almost rather not know. So a lot of people will have simply turned their back on this. A lot of people who said they are what to expect. There's also the the Russian habit of what what is sometimes known as what about much kicks in a well. What about what about the rest of the world? They they do this as well. So in itself it won't have caused a great political storm. But the interesting thing is that now that they've called for reelection that that's it's an admittance by the central electoral commission that that something went wrong. Although Ella Panfilova who runs central electoral commission was very careful not to blame Tarasenko not to blame the United Russia candidate you. This was done somehow the the that were there was a malfunction of the system. So yes, we, we want to rerun. Of course, the communists are now saying no. I want to rerun, we won. You know, there's no point having a rerun so so it is going to to bubble on for while. But what I think the wider significance could be is that it's another brick in the wall of opposition. We've had recently big demonstrations in Russia about pension reform, which caused Putin to go on television and slightly back down on pension reform, but not a great deal. But the pension age is going up from an end for women, and that's caused a lot of discontent. The thing, which it seems to me if in keeps Vladimir Putin awake at night. Most of all it is the threat of a kind of uprising from below what the Russians call Bont bunches of kind of spontaneous uprising. It might not even be political. Initially. It might be against, you know, shortage of bread or or all the pension age or just I, it could be against anything. It could be a minor local riot which could spread. There's a very interesting example even to to to bring it to Britain in twenty. Eleven. We had riots in Britain in the summer of ood caused by shooting of someone in Tottenham in north London. Suddenly people in Birmingham, smashing, shop windows, and and stealing things. This shows that in human nature riots can spread for no obvious reason. You know, people after his saying ask why they did it. I have no idea. You know, there was kind of mass hysteria took over. Now if Massey stereo takes over in a country, the size of Russia, that's a real threat to Putin system. Does that go somebody to explain why they've decided to rerun the election then because one would expect just on the surface of it, eve, all of the all of these electoral processes in Russia, simply the work of public strings old pulled by the Kremlin by Vladimir Putin, then he wouldn't bother to rerun this. So for some reason they've decided that, oh, maybe it was too obvious this time all of or maybe you know, the theatrics were exposed a little bit too much. So let's do it again. Is he doing that perhaps to try and give people some impression that there is a process at work here? Not everything is under control of the. Kremlin. I think that's an element of it, but but it shows to your knowledge of the puppet strings. I think it shows that some of these strings are completely severed. No, just broken can be completely severed. And so what what we've also seen, of course in in the past couple of years are a lot of demonstrations of younger people who don't watch Russian TV because that's been always the classic way for Russians to get their news, but they're on social media, and that's another potential revolution almost two technological revolution and it could lead to other and other sort of revolution if they don't control that. So so I think that they the realizing in Moscow the that that they have to go some way to meeting people, just showing them that, look, you know, we all doing something, but I, I think it doesn't show that there is a concern. It's it. They can't just brush this off. They conscious sale will you know? So what so they've they've called for this rerun. So the next question is to the communists actually continue protesting. And say, no, we don't need a rerun, just just call our man the winner, and he'll be the governor of the region. And just finally, before we wrap eve, he has seemed to be the winners Janko then is there a chance that was let him win in order to quell the the small rise that are taking place they could well do because I mentioned that the communist party is still very popular, but the communist party is also in many ways, hand in hand with United Russia. The communist party does not is not an opposition as such the any any real opposition Russia's being crushed a longtime ago and and prevented from getting into parliament because in elections, they didn't get the cross, the necessary barrier for five percent of the vote. So they can allow a communist governor of the pretty Maurya region without it causing too many Russians further down the line, certainly wanted to keep an eye on no-doubt Putin. We'll be as well. Stephen de l. thank you very much for joining us. You're listening to the briefing. It is a ten minutes, pulse. Twelve here on monocle twenty four and we'll get the latest business news now from Sandra Kilhof at Bloomberg. Sandra, thanks for jumping on a not good news for the pound. Now we've seen it drops extensive percent today. It's down against the dollar is trading around one spoke three, one eight. This is not a particularly good level and it comes because e leaders yesterday bluntly rejected Prime Minister, Theresa May's Brexit blueprint. There warning her that time is running out for striking a deal. And even though Theresa May has been saying this morning that she will come up with fresh plans to break the stalemate in negotiations. We know that too key issue still remain. It's about how to avoid hod border between the UK an island at what the future trade relationship between Britain and the EU should look like in. That's what's really weighing on standing say, what's interesting though is that the pound is still headed for a second weekly gain versus the Dollah because we had some strong days at the beginning of the week. And surprisingly, some investors still have positive sentiment on styling. So what do you know it could be going up. Well, Sandra, moving along too easily. Now no politician ever comes to power without their own personal shopping list, but it seems equally we'll be having a look at the populist shopping list and deciding whether they can actually afford it yet this. This has been the big thing for markets to watch this. We'd we really seen a lot of movement in into highly bonds because of this. It's about the budget next week, and it is budget season generally in the EU and today Giovanni tree, their finance musical, the last piece of data that he needed in order to know how much money he actually has. So they got economic growth and deficit data for twenty seventeen. And interestingly, it was revised up. So we're talking about an estimate for growth last year. That was raised as one point, six percent from one and a half percent, and knowing that debt ratio to one hundred and thirty one point two percent. But at the same time, they also said that the deficit from last year was revised up to two point four percent. So it's kind of a mixed bag. And this is quite crucial because we know that Giovanni tria wants to food tax cuts. They want to provide a bay. Basic income from promised by this populist government. So it's quite crucial that this data you know is a bit of a mixed bag. And at the same time, we're seeing some very poor data across Europe coming out this morning, French growth also slipping. So all in all the signs off that we might not necessarily get the big budget that the government is hoping for next week. Just finally Sandra seems that the folk over revealing a little bit hungry, they've got their eyes on delivered. Yes, this is a huge story. So basically, Bloomberg's been told that Yuba is in early talks to buy delivery for several billion dollars. Bear in mind. Delivery is the London-based delivered delivery company. This would be a fairly bold attempt by Uber to dominate the sector in Europe. And that's why we're seeing other players like just eat really tanked today and trading the down about seven percent here in London. What's quite interesting is that this deal could see a massive offer delivery was lost value at two billion dollars. But according to sources, any offer that would come through from Yuba would be considered. Sibley highest. That's one to watch in the coming weeks. Sandra Kilhof Ed. Bloomberg, thank you very much for joining us. You're listening to the briefing. It is twelve minutes past twelve here in London. Now if breaks it and the election of Donald Trump have taught us anything, it's that we may not be able to always rely on political polling. So how much should we be able to trust the latest election coming out of Brazil. The polls put the far right candidate John Bolsonaro in the lead while I'm joined in the studio now by Monica's Fano Augusta per check. Fidanza remind us again of both narrow. He's on the far right, but he's quite extreme on that scale, isn't he? Yeah, very much of an extreme and his leading the poser. Twenty-eight percent with, you know, very, very radical speech against violence and corruption. And you know, his sings seems to me that one thing is certain. He will be going to the second round. And I think that's the kind of the only one hundred percents certainty we can have about the Brazilian election and the fact that he's doing hospital after being stabbed in a rally, just helping in some ways as well saying. When when that happened that you thought it was going to certainly affect how people, whoa, with owning in the short term. But as it gets closer to crunch time, do you think it will still be weighing on people's minds? I mean, from the outside, I look at this and think, well, maybe it's going to be a little bit like what we saw in France when Emmanuel Macron was taking on marine Le Pen and it did seem as though once it got to the final question, people started to look at marine Le Pen and think he's this really the future of frowns and then things started to change. Well, then that's what I was hoping, but the latest polls, you know, when they did the second rounds comparison actually, both sonar ties in with most of the other candidates. So he does have indeed a chance of becoming the next, you know, president of Brazil and in in some ways. This is also quite worrying. And then some people saying, I mean, shall we trust those pose? I have to say the two main posing Brazil Igbo p. and data fuller. They've been pretty consistent since two thousand chew at least. There's being, you know, few mistakes here and there as it happens everywhere. For example, in two thousand fourteen in the presidential election, they said it was going to be Dilma and marina SUV in the second round. But then in the end was Duma and I asked tonight it was a little mistake because mighty not super nice nervous. They had, you know, very similar numbers. But you know, I don't see this happening this year because you're able to now is very much ahead of the other candidates. When we saw the election of Donald Trump in two thousand sixteen in the United States, there were a lot of people who were saying, well, look, these polls couldn't be trusted. In retrospect, obviously they couldn't be trusted because there were people who were embarrassed to admit that they were thinking or considering voting for Donald Trump. He was such a contentious candidates such an unusual candidate that they simply whether being honest when they were asked the question and that was that was given some of the the blame for why the polls ended up being so hideously hideously misleading once it came to crunch time. Is there potential for that similar situation happening in Brazil given how? How contentious? Both are always. Well, if it does, that's very scary because even those twenty eight percent of people that are voting for their Clinton, not embarrassed, but but the thing is banned the two candidates. They might go to the second round supposed scenario and the dodgers from the Workers Party. At the same time, the two candidates, they're the strongest. They have very high rejection rates as well. So the thing is, I, I believe, people that know necessarily kind of the usual boatswain out supporter. But when they see they're going to the second round with Simone from the Workers Party, you know, knowing that a former President Bill is in jail because of corruption. They might go to both. So Naro simply because of that, not because they like both sonar, but because they reject via mentally, you know, the idea of the Workers Party and same thing for the Workers Party. You know, somebody that will never vote for far-right candidate even though they're not from the left itself. So he's going to be a very polarized. Ising and may I say, I'm even worry about violence in the country as well between two such different groups, how much longer until the election under? Well, it was about two weeks time, and there's an interesting thing here ban because we have candidates cedar Gomez is kind of a bit of a centrist centre-left his being pulling well. I mean, he's still behind Fitna dodgy, but some people according to the polls might say, well, you know what? Why don't we go the third way and for now, the third way seems to me like cedar Gomez, but I wonder we have to wait into the next post because he's behind fitting on a dodge, and you know, and both not another, you know, they have their fans, which have very much crystallized vote and really not long to go at all. But then again, of course, politics moves so quickly these days of an end of Augusta, Georgia. Thanks very much for joining us here on the briefing. The United States has imposed sanctions on the Chinese military follows Beijing's decision to purchase Russian military fighters and missiles. The White House says such deals contravene US sanctions on Moscow China recently bought ten elite fighter jets and s. four hundred missiles from Russia. Bloomberg reports that Uber is in early talks to buy food delivery company deliver ru for several billion dollars. Any attempt to deliver, which is based in London would Mark a major attempt by birth to dominate the food delivery business in Europe and Mexico's president elect under Manuel Lopez Alberto says he still intends to sell the country's presidential jet, despite spending three hours grounded on a commercial plane. He's flat to Mexico City was delayed because of heavy rain. The left wing leader will be sworn in in December. Those are some of the headlines we're following today here on monocle twenty four. Rugby's governing body has said that tattooed rugby players. We'll be asked to cover up during next year's World Cup in Japan to avoid offending people. They added that they will respect the decision. Kenji whole is Monaco's Asia editor at large and joined me on the line from Tokyo Kenji. Why odd had who's so frowned upon in Japan in Japan, tattoos, they're known as days Amee in Japanese associated with organized crime Yuccas gangsters most own Sen. hot springs traditional, and your ends and swimming pools have signs posted that say, you won't be allowed inside the facilities. If you have tattoos, you don't see people on the beach sporting tattoos either. So you know, there are a few places that do not enforce this, but they're generally the exception. It's a way for the tourism and hospitality industries to keep organized crime from affecting their business. And this is quite. Culturally sensitive, isn't it? I mean, lots of rugby plays, especially from the Pacific nations do have tattoos. It will be challenged. Some of those Pacific island nations are quite strong. Tonga VG smaller are among the best. And you know, as you're probably aware in Polynesian culture, there's a tradition of tattooing and it symbolizes sort of the link between earth and the spiritual world. That's not something that's well understood here in Japan. The fact that the world rugby association has raised awareness among teams about Japan's cultures. Great. Now, I think the onus is on Japan to put out the word about tattoos and the fact that you know, they don't mean elsewhere what they do here. Now the Olympics take place in twenty twenty. Can we expect something similar? Tattoos are a big dilemma for the government and tourism officials. This is not only about the rugby World Cup or the Olympics. This goes back a couple of years and it mainly the debate started because there were so many visitors coming from overseas just in. Five years. The number of tourists went from eight million to twenty eight million. There's a recognition now at the highest levels of government here that the gap that exists between the way Japan perceives tattoos and the way the rest of the world perceives tattoos is bound to cause problems. There was a debate in parliament. They even talked about how Canadian Prime Minister. Justin Trudeau has a tattoo on his left arm around that time, the Japan tourism agency, which is the official public agency issued guidelines to the hospitality industry just essentially saying, this is how you can deal with foreigners who have tattoos. One way is essentially asking them to cover up. Now, if they have small tattoos, there are flesh colored stickers that some bath houses and hot springs have on hand to give to foreigners, but when the twos spread across the body, that's a different matter to more difficult and tricky matter to deal with some places are doing things like. Jesting that foreigners bring along Arash guard shirt. Others are asking people to visit the baths or the hot springs. At times when families it might not be around or suggesting that foreigners actually rent a private bath. I certain amount of time instead of going to the public one. But you know, it's likely that we'll continue to see this debate rage on right up into the summer Olympic through it, but was one of those Kenji hole in Tokyo. You're listening to the briefing. It's twenty one minutes past twelve time for a look at today's newspaper is with Monaco's page Reynolds page. One of you found while I today Ben, we're going head to the financial times and a story about the DMZ the demilitarized zone between South Korea and North Korea on. So moons just got back from the three day summit in Pyongyang and there was a clear message, North Korean, Kim Jong said he's ready to nuclear is unique here is, but he's, you know, there's going to be concessions, and I think there's still a little bit skepticism over that. However, the f. t. article really focuses in on the plans off this conflict prime border area known to us as the demilitarized zone. So according to a comprehensive military agreement signed on Wednesday, the two Koreas again to end military drills near the demarcation line and begin clearing the area of hundreds of thousands of landmines and yesterday, so has actually proposed pace Pollock and launched a special counsel to foster. Tourism and the damn set. I mean, look at it sounds like a lovely idea on the surface of it, but it was only a few years ago that we had just as Michael Kirby, submitting that report from in charge of the UN the UN special report that put the human rights atrocities on the scale of Nazi Germany. Not a lot has actually changed inside North Korea. We know this for a fact, and you know he's famous words, were everyone during the nineteen forties head head afterwards had had said, we've only we knew what was going on. Well, now we do know, and yet the still not a lot of attention being given to that, a lot of this seems to be revolving around good PR. Yeah. And if those very focused, they've got these thirteen local governments and on the country's culture ministry to what on quote, unquote, new terrorism content. But yeah, a lot of people are saying, this is really premature from an area that's witnessed. Some of the most macabre instance of craze modern history. The previous government actually set up a task force to create a wildlife peace park and the damn set. But you know, it never happened. The plan was never. Realized on this point actually in terms of potential tourist attractions. In the damn said, did you know the the dams that is actually home to the world's most dangerous Gulf Coast camp Bonifas on the anyone hope. There are many landmines, many wild bowl, absolutely not interested in traveling to play golf. Note that much of a gopher anyway, in page, we've got time for just one more quick when quickly run us through what else you feel another great story from stays in the business section of international new times. And this is about the new war room in the Facebook HQ I'm this is up and running from next week, and it's going to be a designated room for safeguarding elections. So there's going to be team of twenty people focused on reaching out decimation monitoring, fake news, deleting fake accounts, and just getting rid of any kind of meddling head of the Brazil elections on October seventh. And of course the November mid Tom's so we'll see how that really pans out. I mean, there's already a massive team of people that are putting in measures in order to stop meddling. However, I think this room is the the worst case. Sharia room, and I think they've really hyping then we're going to have to use it. Yeah, I'm not sure. I saw this popping on some of the US press late yesterday, and I have to say it did look a little bit like a server room with a couple of televisions inside. I'm not entirely sure whether this is the best hope for the future of the wise is still dialing. Yeah, but it looks thing that funny little printed out picture. That's a sticky tape to the to the window woven. Yeah, I'm I'm really not sure. I actually went home and watched the social network again, just to refresh my mind what works dealing with here, not very good news. Page Reynolds. Thanks very much for joining us here on the briefing. And finally on today's program, Milan, fashion week is underway. Monaco's fashion editor. Jamie waters has been dispatched to cover it for us. He's on the line, Jamie, the mood in Milan. I mean, look, the Bevery show here in London, not too long ago. Just in the past few days. It certainly put the bubbles back in. Everyone's champagne has that followed people to Milan, definitely everyone left London on a high after there was a lot of excitement surrounding that. And I think coming into Milan, one of the notable absence here he's grucci Gucci. He's showing him power, and I think you know, we allowed kind of anchored around the heritage Italian brands to have. One of the biggest machine is obviously a shame that said, there's been some really good show so far. Milan womenswear especially like the men's Joe has been lacking in the women's settle. It definitely still has a lot of those three brands showing and so that there had been some excitement of choice so far. Well, one of those that have been hearing about has been the emporium Amani show. So I it feels as though a lotta people were we're really walking away from this quite happily. One thing that did surprise me though it was at the airport. I generally don't like going to the airport was that part of part of you'll reasons we're actually enjoying it though. It was very unusual. Sorry, it was held Aloun Linda, I'll tell you airport. So I actually arrived yesterday and then I feel I had spent a hotel. The airports I sort of came in and then went back again. It was really interesting move by them. The show was held in a hangar at the airport, but to get through the airport, everyone had to go through security to everyone that passports had to go through the normal security line that was quite amusing about it and. That that would sort of everyday people who actually catching flights, you know, looking, we'd sit of amused, looks on their faces. The sort of awesome crowd went through the whole thing was, I mean, amazing really man instead of boarding pass. We had these codes on your respond that you scan where you would normally put boarding pass. The whole thing was quite surreal. What it does by Georgia and import Amani is Georgia really knows how to put on a show, and I think it was really clever thing because a lot of people talking evening the late up, everyone's other become this is at the airport that was sort of a love of chassar about. And that was sort of Alitalia planes taking off in the background as the kind of actual show on Florida. There were a lot of Luke's men's and women's a lot of bright wearable clothes and poorer choose successful label. And then after the show finished, they sort of announced like a guest perform and Robbie Williams came out and then hey, performed. Title concept. I and I think what's interesting is people increasing the same to talk about whether runway show is still worth. It is still in the era of social media and is worth brands putting on this money or for shows when you know, essentially must have coverage these getting through social media and everyone from ROY, etcetera, etcetera. And I think that it shows the could reveal the importance of Ron. My show is because it was such an event and what they've done is they've they feeling not people's social media fade online fade to. There's so much chatter around it really creates the moment know if you go online to having a lot of cut through from this event. And I mean, that sounds though they've really got people talking, which of course is definitely part of the battle here, but I guess there is the risk that if you turn it into too much of a stunt behalves, you dilute some of the fashion side all the as well. Do you think that they got the balance? Right? Was there still enough of the fashion purity in there. To make people remember that, yes, there is a spectacular side of this. It's in an airport hangar. We've got planes flying around in the background. Robbie Williams is being wheeled out a hope he was wearing his best outfit. By the way. He's not always such a fashion is too, but I mean, was there still enough there to make people remember that at the end of the day, this is about fashion. That's why we're here. Definitely the actual runway show. It was about twenty five minutes. It was long shar with a lot of the thing is we fashion shows the raisins are important because they create this sense of us peration ad for luxury brand. I mean, that's what you need is you won't pay to bind the brand to one to buy the brand. You want it to have these kind of aspirational to or around it at its core was a runway Sean law. You know, they had a lotta looks a lot of, as I said, very wearable quotes and one of the world's my sinus fashion brands. But I think brushing brands today, it's not just about the clothes you have to cry sense around it. That's how you remain. Luxury brand. So I think the two things kind of go hand in hand at the moment. Absolutely. And good thing that in confiscated anyone's shoes as well being at the airport, what a disaster that would have been Monaco's Jamie waters in Milan and full fashion week. Thank you very much for joining us here on the briefing. And at half past the hour that brings us to the end of today's edition of the briefing. It was produced by Reese James and researched by your phone and Esa vets-go studio manager was Christie Evans. The briefing is back at the very same time on Monday join Andrew mullahs and myself, and if an analogous to check, oh and her and Christina vich for today's edition of Midori house that's going live at eighteen hundred here in London. Thirteen hundred. If you're lucky enough to be listening in New York City, I'm Ben Ryland. Thank you for joining us by now.