to do that much damage in that short a period was really amazing and just showed you how dangerous these kinds of scams are. ♪♪ -- captions by vitac -- ♪ welcome to "street signs." i'm carlin roth and these are your headlines. the top diplomat announces new sanctions in the wake of the death of alexi navalny, themean secretary-general tells me the west will not abandon the defense alliance.

>> i don't think it will happen. i don't think what we have seen with previous administrations, republicans and democrats, is the purpleoseful rift. russian forces take a key city in ukraine in the first major victory in mine months with president volodymyr zelenskyy says his troops are waiting for more weapons. chinese equities moving higher after a tepid return after the lunar new year holiday as spending tops pre-covid levels for the period. jd.com wades into the takeover battle with elliott advisers tables a $700 million offer for the british retailer.

good morning. let's get back to the top story. eu foreign affairs chief says the block will propose a fresh round of sanctions after the death of alexi navalny. borrell said eu leaders will send a strong message of support to opposition leaders in russia. meanwhile, germany foreign minister said an agreement could come as soon as today. hundreds of people have been arrested at vigils in russia held for navalny over the weekend. his team believes he was murdered on the orders of russian president vladimir putin. the kremlin has not commented on navalny's death. meanwhile, global leaders like

president biden and president volodymyr zelenskyy accuse moscow of being responsible for navalny's death. anti-kremlin activists told cnbc at the sidelines of the conference that navalny's death was a strategic move from president putin. >> putin has to create the sense of legitimacy. the last thing he wants to do is have alexi navalny saying things from prison that gets people to not support putin. i think this is a pre-election ga gambit to kill his opposition. that's the message if you get involved in politics, you die. >> the russian flag has been raised in the town of odonesk

region. it is the biggest gain since last year with the takeover of bakmut. clinton ran against the former president in 2016 and urged the public to take his comments seriously. >> we have a long struggle tahed of us. the issue with donald trump is take him seriously. he means what he says. people did not take him literally and seriously in 2016. now he is telling us what he intends to do. people who try to wish it away or brush it away are living in an alternative reality. he will do everything he can to become an absolute authoritarian leader if given the opportunity to do so. he will pull us out of nato although the congress passed a

resolution saying he could not without congressional support. he will not fund our obligations. >> let's get back out to silvia in munich. silvia, you have been talking to so many over the weekend. you have so much breaking news. how did they react? >> reporter: pno doubt that the russiasian invasion of ukraine the issue. they he wewere consumed with th death of alexi navalny on friday and then the withdrawal of troops on saturday. then president zelenskyy urging the united states and the european allies to do more and continue to support kyiv in this fight. under the surface, one concern is the role of the united states in the international security order. that, of course, after the comment from the former president donald trump saying he would not come to the rescue of

nato allies if they were not spending 2% of gdp on defense. ultimately, those remarks raised fears that the united states might not be there for nato counterparts and ultimately there are concerns that if donald trump returns to the white house, he could withdrawal the united states from the nato defense alliance. you heard the comments from the former secretary of state hillary clinton. she said we need to take the trump remarks seriously and he would pull out of the defense alliance. it was interesting to hear from vice president kamala harris who came to munich and she was keen to stress her vision and biden's vision for foreign policy. it is very different from trump and they believe the united states' role is to continue to

be at the forefront with foreign policy and when it comes to nato. i had a chance to speak to different u.s. lawmakers and those that were here in munich were very keen to stress that united states is committed to defense alliance and they do not think that donald trump, if he were to return to the white house, could take the country out of nato. take a look. >> recently passed a law that you can't reverse that without 2/3 vote of the united states senate. people are arguing if the president can take us out unilaterally. the united states law states it would take a 2/3 vote of the senate to get out. that will never happen. having said that, we urge our friends over here to meet the agreement that we all had about 2% spending for defense. there's 16 countries there now and maybe as many as 18 soon.

we are going to celebrate the 75th anniversary of nato in washington, d.c. this summer. we like to see everybody at 2% at that time. >> congress and the united states comes together to show s solidarity. we are frustrated with hungary. we want the expansion to include sweden. we are frustrated with countries not meeting the 2% burden. we will express frustration, but we are solidly in the nato alliance. we passed legislation that makes it clear without the congressional approval, you can't withdrawal from nato. >> reporter: so one of the questions that i had to all of the u.s. lawmakers i spoke with is as we approach the vote stateside later this year, how do you explain that support for ukraine is important as well? the answers were essentially if

the united states doesn't do that, if they don't support ukraine, that could lead to a nuclear arms race that ultimately american voters, most of them, can trace past to autocratic regimes and within that context, they can sympathize and understand what ukraine is going through and therefore, they can actually lend their support to ukrainians as well. i also had a chance to speak to the nato secretary-general and in his mind, one reason he doesn't think the united states will pull out of nato is because of the defense alliance also makes u.s. stronger. >> i don't think it will happen. what we have seen with previous administrations, republican and democrat, the u.s. has increased purposes in europe and it will really violate u.s. security interests. you have to remember that it

makes united states stronger about the size of china. u.s. is 25% of the world's gdp. we represent 50% of the world's gdp and 50% of the world's military might. as long as we stand together, that is the case. >> reporter: so jens stoltenberg there stated the only time article v of nato was invoked, was an attack on them all, was violated during the time of the 9/11 attacks. it is important for the united states to be a member of the defense alliance and ultimately they are getting a lot out of being a member. now, given all of this security threats, we have russia and more

defense spending in the indo pacific, the question mark is if the current 2% of gdp spending on defense is a good threshold for nato. that has been the target since 2014. ultimately, given all of the security threats, is that still a good threshold? i had a chance to pose that question to the minister of d defense for germany. he said going forward they need to be more ambitious with defense spending. >> i would rather say it is really a question of 2% or 2.5% or 3%. it is a question of efficient numbers of money. that must fit together with the development of our industry. i mentioned all has to fit together and we might reach 3% or 3.5%. it depends what's happening in

the world. >> reporter: the conclusion out of the weekend here in munich is european and nato countries do feel the pressure they need to step up and spend more on defense. the question at this stage is where they will get the money. let's see what solution they come upwith, but know that it is also a point of pressure among european nato countries for the time being. >> silvia, you make a point here. where does the money come from here? national budgets or eu budgets? what solution? >> reporter: the eu budget would not work with the eu members not being members of nato. we need to remember that because for so eu countries, it is not their priority to spend more on defense. what we are looking at here at

this stage is we will see more domestic answers. it will have to come from national budgets. even when looking at national budgets, one of the open questions for germany is will they actually change the debt break or will they have to cut welfare spending or raising taxes? ultimately, although the likely scenario at this stage is what we will see is answers from their national budgets. we still don't know where or how they get the money for defense. i want to stress this is a talk for the medium-to-long term. in the short term, they budgeted more for defense. unless there is pressure with all of the security threats that raises the pressure for nato countries to come up with more spending on defense.

we will see what resolution they will have. it is no doubt a hard time for defense and finance ministers. >> silvia, thank you so much for the work from munich over the weekend. more for from the conference, check out cnbc.com. coming up on the show, new year and new rmimbi. we will look at the tourism revenues smashed records. more coming up in two minutes.

hi, my name is joann, and i lost 75 pounds on golo. the other times i've lost weight, i was tired, run down. with golo, you feel great as you lose weight. i have enough energy to exercise every day. (energetic music fades)

is it possible to count on my internet like my customers count on me? it is with comcast business. keeping you up and running with 99.9% network reliability. and security that helps outsmart threats to your data. moaire dida twoo? your data, too. there's even round-the- clock customer support. so you can be there for your customers. hey billy, how you doin? with comcast business, reliability isn't just possible. thanks. it's happening. get started for $49.99 a month. plus, ask how to get up to a $1000 prepaid card with a qualifying internet package. don't wait, call and switch today! here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.

welcome back to the show. we are one hour into the trading session. let's show you the european equities and trading at this time. the stoxx 600 is trading under water at 0.2%. remember last week, we had a come of intraday record highs for the dax and cac 40. sentiment is still strong. keep in mind that no trading in the u.s. today with the closed markets for the presidents' day. volumes will be a lot lower

today. the ftse 100 is just hanging on to the flat line here. the smi is out performing with the ibex 35. the dax and cac 40 with a little bit of profit taking after the lofty levels from last week. in terms of the sectors, this is the picture. telco and banks trending higher. we get results from uk banks along with the update from barclays this week. that's tomorrow. basic resources and technology are seeing under performance. basic resources out with a couple of report cards here in the uk. really interesting corporate stories to tell you about this morning. u.s. fda approved the astrazeneca cancer drug in combination with chemo to treat a certain type of lung cancer. the drug improved survive in late stage lung cancer by nearly

nine months. take a look at the stock with a pop of 3.4%. have a look at shares of currys up 33%. this is the biggest move in 23 years on the back of this news that jd dim.com is in the move the cash offer. a top shareholder in the company said the chain should hold out for an offer of at least 75 pence a share. trading at 63. we might see a bit of upside here and we will keep an eye on the bidding war. let's push on with chinese lunar new year revenue.

surged to 50% to 630 billion yuan. the data will come as relief for policymakers in the second largest economy in the world which has struggled with disinflation pressure and weaker consumer. sam baddas filed this report. >> reporter: china is kicking off the year of the dragon on a stellar report with moving 1% in the morning trade after the catch up after the new year break. the gains were encouraged by the spring festival jumping to 58%. compared to 474 million trips an c cross the country. begin the low base, it is important to compare numbers to pre-pandemic levels. the trips broke past 2019 levels.

box office numbers were strong with revenue over $1 billion to a record high. while the data looked good and helped move sentiment today, economists were cautious. the market may risk getting caught up highlighting how the figures reflect pent-up demand and coming off a low base. tourism spending per head softened below pre-pandemic levels. it may offer temporary relief for investors, but how sustainable is it with problems in the property sector and deflation risk. more demand showed the focus which shifts to the loan prime rate fixing tomorrow. no change to the mlf rate which acts as a guide for the rate. in singapore, i'm sam baddas,

cnbc business news. here is how chinese equities performed when they came back online after being closed for more than a week. the shanghai composite with a tepid start to the trading session, but rallied with the shanghai comp closing up 1.5%. the shenzhen up 1.7%. csi 300 up by 1.2%. let's get more perspective on this with our head of intern international. what do you make of the first day trading after the lunar new year holiday? is that a relief? >> yes, thank you for having me on the show. it is a huge relief from high expectation especially during the new year period time. we clearly have liquidity or easing policy put into the policy right before the chinese new year. during that new year, a lot of

media reported the high amount of travel expected and spending expected during the eight days of national holiday. indeed, the numbers released today confirmed that consumption picked up in china. market reacts accordingly which is a huge relief to say the market reacts on the fund fundamentals. >> is that sustainable? we also have seen the national team has been buying a lot of stocks. at what point do you see more confidence returning to the market and the international and institutional buyer steps back in? >> i would agree. that sentiment has been lagging especially last year with the monetary policy was more accommodative. they have done a lot of easing

and expansion. the announcement helping real estate and infrastructure and market stabilization funding is all there. the next key question, two i would say, it picks up. we see the beginning of the pickup. the second is the concrete policy. where are we going to deplore the liquidity? there's 50 trillion in the system today. all of the reserves and mortgage rates and all those things together roughly give or take 50 trillion in the system. now the next question is how effective can you make the liquidity down to the system and make them work. the credit in january shows signs of corporates picking up liquidity. household picking up. >> we have seen a drip feed of

policy statements and policy support measures. do we need to see the big bang? if we see that, will it make a difference? >> we do. the market does hope for a big bang policy announcement. particularly in three areas. one, how will they help with the green infrastructure to achieve their carbon initiatives? peak at 2030. green infrastructure. that is one. second is one measure can we expect? real estate will not be the key driver for china's economy, but it is crucial for sentiment. for the feel good for the market for personal health. third, how you create jobs for hous households. when they feel good, they spend sdpspend. >> can i ask about the consumer? they are traveling and on the roads and going to the movies.

how good is the consumer really feeling if they see the property values declining or if they see young people don't have the job or not getting a job they are suited to and the stock market was down. is this a week i'll forget and i'll spend now and i don't have a lot of savings to spend the rest of the year or is the consumer more upbeat? what is your sense? >> households in china are coming down. what created the crisis in china is the households have a low leverage on the mortgage. a lot of them get on the mortgage market with full cash buying. say they got in really early and the market pulled back a bit and they still have a huge gain on

the house they bought. chinese households are known for high savings. they still safe a lot. they have a lot of money. what will make them more willing to spend is the situation like this reunion with my family or take my family out. you nailed it down the road. a good job. a good income. that will make them feel more comfortable to spend. >> in the u.s. in the two or three years after the pandemic, we saw revenge spending and travel. is this the start of the chinese revenge spendin? it did not materialize last year. >> they have spent heavily in china. if you look at online sales during this time, it is up 9%. the collected parcel is up 145%. last year, china hit 120billion

parcels the whole year. they are spending. we want them to come out and contribute to the market consumption which should happen. p pr it will take a slower pace. it will happen. >> it is fantastic to get your insight. i appreciate it. head of international at kraneshares. all right. let's have a quick look at what's coming up, global leaders discuss nato funding as trump's comments put the organization in a bind. we'll be back in two. switch to shopify and sell smarter at every stage of your business. take full control of your brand with your own custom store. scale faster with tools that let you manage every

sale from every channel. and sell more with the best converting checkout on the planet. a lot more. take your business to the next stage when you switch to shopify.

welcome to "street signs." i'm carlin roth. we are live in munich and in the cnbc headquarters in london. these are the headlines. the eu top diplomat issues sanctions on russia after the

death of alexi navalny. meanwhile, the secretary-general of nato tells cnbc the u.s. will not abandon the defense alliance. >> i don't think it will happen. what we have seen with previous u.s. administrations, republican and democrat, is the increase in europe and it will really violate the amendment of the u.s. security interests. russian forces take a key city in the eastern area of ukraine in the first victory in nine months with president volodymyr zelenskyy saying his troops are waiting for more weapons. chinese equities moving higher after a tepid return from the lunar new year holiday while tourism spending tops pre-covid levels for the holiday period. curry's spikes with jd.com with a battle for elliott advisers after the tabled 700 million pound offer for the

british tech retailer. let's get back to the top story. german chancellor olof scholz reaffirmed the commitment to spend 2% gdp on defense this year and longer term. speaking at the munich security conference, he said it is important to take care of security. his comments come as nato members across europe step up defense spending pledges with the alliance being 18 of 31 nations will meet the 2% target this year. german foreign affairs minister told nbc news' andrea mitchell that it must step up within the group. >> nato is our life assurance in

nato in europe and over the atlantic. we have also understood that we have to play our part for the support of ukraine, but i made clear over here in munich that the european pillar in nato has to be strengthened aligned with the economic role. we are not only delivering on our 2% as we are required within nato, but we are making clear with the 50 billion that you mentioned at the european union with the over 20 billion from germany and our national security that we are increasing our european pillar within the nato taking up our responsibility and meeting the transatlantic bond and u.s. security safer and doing that together as partners. this is against others in the world who might believe they could rule with their power, but if we stand united, they don't have any chance.

>> let's get back out to munich where silvia amaro is standing by. silvia, stellar coverage from you over the weekend. you have talked to the german defense minister. he is pretty hawkish. he said 2% is not the target. we may have to go higher. >> reporter: exactly. just to put it in context, germany is expected to spend about 72 billion euro in defense this year alone. that is really a record for this country which is a country for many years struggled with the idea of investing more on defense. that's changed. when i spoke to the minister of defense from germany, mr. pistorius, he did say 2% might not be enough given all of the security threats they are facing and in the medium-to-long term, they may have to spend more with defense. the key question here and given

that we are financial news journalists is where is the money coming from here? when i posed that question to minister pistorius, he told me he didn't know yet. >> we have to discuss it in the months to come before the budget in 2025. particularly for the budgets from 2028 on. the special fund will be spent entirely and then we have to find a solution. i don't know where we find the money yet, but we need it. what the chancellor said is slslot absolutely right. we cannot discuss for education and infrastructure and whatever else, but without freedom and security, without secure freedom, everything else is nothing. >> reporter: when it comes to germany spending more on defense, when or how they will

get the money or will they change the famous debt break rule? will they have to cut welfare spending or raising taxes? let's see which path germany choses to go? there is a realization that they he h have to figure this out. this is a realization that is not just for germany. we are seeing that emerging across nato capitals in europe. when you look at the eu plans, they are also wanting the broader continent to spend on defense. the question is how will they fund that. we are seeing that traditional divide among european nations about raising new debt to fund the defense policy. now on one hand, some countries are in favor of that and on the other hand, others are critical of going down that route. when i spoke to the prime

minister of belgium, he sounded quite supportive of this idea of coming together to raise new debt for defense plans. take a look sdpl. >> we need to make sure we have a war time economy to produce. this defense is inter linked. we as europeans will do our part of that. we are in favor of using the capital markets to speed up military spending. i'm in favor of that as well. this is not a magic solution, but it could help to speed up and expand our industrial capacity. that is really what is at stake today. >> reporter: you heard from the prime minister of belgium saying that raising new debt could be a solution to fund defense targets. estonian prime minister also had

similar comments in munich. when you hear what the german prime minister had to say on stage, brussels seems to have the same solution to every problem. he is against going down that route. the prime minister of the netherlands made similar comments on stage. he does not join that policy to fund that policy. ca carolin, they have to have national budgets increased to cover the defense spending. >> you expect those comments from the german prime minister and the dutch prime minister. i loved the comments here. he said we should top nagging and whining about trump. we should focus on what we in europe can do for ukraine. the big question and the crux of

the matter is what financing and support from the u.s. falls away and then can europe fill the gap? >> reporter: so, there is common knowledge for the time being that the eu or european nato countries do not have that power. they cannot come and fund that gap if the united states were to pull out of the defense alliance. for the longest time, we have heard european officials saying this in the context of the russian invasion of ukraine. if the united states were to stop supporting ukraine, that the eu or european nato countries do not have the power to essentially fill that gap. it's a huge gap to fill. however, there is a realization that they need to do more and they need to step up. that's not just in the context of the united states and the fact that the lawmakers there have not yet approved financial

support for ukraine, but it is because there are growing comments from european countries that russia could attack a nato country in three-to-five years. we heard that from the danes and germans as well. in the end, they need to come together and do more on defense policy because they want to be prepared for that eventuality in case russia decides to attack a nato country. i want to leave you with this comment because i thought it was interesting in the context of the conversations that happened here in munich. when the president of ukraine volodymyr zelenskyy took to the stage, he does not think european countries were or are ready to answer an attack from russia because for the longest time the populations in europe have not been told about this or is not aware of the threat. that is the difference with

european countries and ukraine. the ukrainians were getting ready for this invasion. it is important to keep that in mind as we hear growing comments from several european nations that attack from russia is feasible within three-to-five years. >> let's see if that shifts. silvia, thank you. still coming up on the show, it is a bumper week for british bank earnings. i'll take you through what to expect with arabile in a few minutes. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term

policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com.

when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day.

i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. welcome back. u.s. wholesale prices rose more than expected in january with ppi moving 0.9%. it follows hot cpi data and calls into question for thefed and investors scaling back when

the fed would cut interest rates. raphael bostic sees two or three rate cuts this year. >> my outlook is to start returning product policy stance to a more neutral stance in the summertime. i'll say a year ago or six months ago, i was in the fourth quarter. we have seen tremendous progress. i'm hopeful that continues. if that continues, i'll be willing to pull it forward further. i want to see it continue. >> you think three rate cuts this year? >> that's what was in the dot plot. i was one of the two rate cut increases. i'm still at two. if i pull it forward and if the data comes in more positively, i could move to three for sure. a quick check of the equity market action in europe. the u.s. is out for the presidents' day holiday. volumes throughout the trading session will be lower than

usual. take a look with the ftse 100. it has a modest gain of 3 or 4 points. smi up 0.1%. seeing profit taking here for the cac 40 and the dax has been heading for intraday highs with the last couple trading days. the cac 40 is off 0.4%. overall, we are not far away from two-year highs for the stoxx 600. last week, we saw nice gains for the index to the tune of 1.4%. i want to show you the currency space. not a lot given that there is no u.s. trade today. the euro/dollar is steady at 107.72. and it is below the important 150 level here. there is jaw boning by boj officials at 126.06. we will get pmi later on this week. i want to show you the bond

markets and gilt yield. 4.098 for the ten k-year gilt. we had conflicting data points over the course of last week. global growth is expected to slow to 2.4% this year. that's according to the world bank. a third consecutive year of deceleration. the group's global economic prospects report also called for stronger global cooperation on debt relief, trade integration and tackling climate change. we caught up with the deputy chief economist ian coates as they warned of global growth. >> we need to bring global leaders together to talk about the issues. we talked about the weakest half

decade growth since the 1990s. over the period of 2020 to 2024, we will grow on average 2%. the weakest growth rate. let's get back to corporate news. santander announces a buyback share program bringing it to more than 5.5 billion euro. that is around half of the company's profit for the year and represents the yield of 10%. shares of the company up 1.37%. it sis a bumper week for th european banks. barclays is reporting tomorrow as well as lloyds and standard chartered. we have arabile with more on banks. the expectations are really

high? >> this is the chance for the bank to change extrtrajectory f where it were. there are looming rate cuts which will add to the squeeze for that business. fixed income earnings will be significantly in focus. we did see weak numbers be in the united states. that trend may hurt barclays. it has been a margin story and it is bound to be for the banks. costs are quite significant as well. really just around a lot of the uk banks with restructuring is the theme outside hsbc. standard charter is restructuring and lloyds announced the 1,600 job cuts. barclays is talking about res restru restructuring. barclays is making a bid for the soc gen private business and the

retail banking business. and they have exiting consumer financing in germany. they are trying to find value in the best way possible. where is the question. >> speaking of value, that is a great point. value is the big issue with the uk banks. even the head of the boe is puzzled by it. he said why is no one willing to pay book value for uk banks? what's the problem? >> it is a question that santander kicked off since 2009. if we focus not just on nat west's price, but the one after this. over of the last 20 years, it hasn't gone anywhere since 2009. we are sitting at same level ans spring of 2009.

that height in february of 2007 -- tomorrow will mark exactly 17 years since we hit those levels. again, since 2009, the inability for the banks to take advantage of, one, lower rates and change of environment, has been the thing that's nailed them to the bottom of those valuations. >> they are well capitalized. that is the point that the boe chief made. is it the wrong markets or wrong businesses? >> this is why you are finding the restructure is happening now. the product mix has been one that has hit them a little bit. they have had different banks come to the fold. that is eating some of that profit. now the question is and this is something we have been speak bengspeaking about as well. they going to the retail banking

for barclays. they are looking to buy tesco banking business. is that where the growth is happening? tesco wasn't shooting the lights out when it comes to the numbers for retail banking space. >> what happened with nat west? >> they managed to pronounce or put out 20% increase in full-year pre-tax profit. the net interest margin did fall to 2.86%, but that was slightly better than markets anticipated. operating profit fell 11.9% to 1.3 billion pounds and operating income at 8.6% lower in the fourth quarter. nat west share price did go up 6%. the big headline news on that one is you had a new ceo announced by nat west being paul thwaite. >> arabile, thank you so much. >> sure. let's push on with

republican presidential hopeful nikki haley who condemned donald trump for failing to comment on the deaths of navalny. she made these comments ahead of the south carolina primary this week. we have brie jackson with more on the story. brie. >> reporter: good morning. the republican primary is down to former president trump and former u.n. ambassador nikki haley. both have been hitting the campaign trail in south carolina and highlighting divisions. haley had been criticizing former president trump after comments that put the future of the nato alliance in jeopardy. now, as you mentioned, there is a war of words following the death of alexi navalny. trump has not publicly condemned navalny's death.

haley warned that trump actions will embolden putin. biden was quick to state putin was responsible for navalny's death. now all eyes ahead to saturday on the south carolina prime minister. despite losses in iowa as well as the new hampshire primary, nikki haley and her supporters are not backing down. back to you. >> what if she loses in her home state? does that mean she has to pack up and go? >> reporter: that's what some are pushing for. particularly some in the republican party who are supporters of former president trump. they are telling her to wrap it up. haley's campaign and supporters say they plan to stay through super tuesday. they will keep going because

nikki haley said polls show voter do not want former president trump and do not want president biden. she asked her supporters why would she not stay in the race when there is a push for an alter alternative. >> brie, thank you for that. we are almost out of time here when it comes to the show. quick look at european equities on this quiet monday morning. the u.s. is out today. the ftse 100 has a modest gain. we see mixed performance from the cac 40 and dax. not far away from the record highs that we saw last week. that's it for today's show. i'm carolin roth. stay with cnbc. see you tomorrow.

is it possible to count on my internet like my customers count on me? it is with comcast business. keeping you up and running with 99.9% network reliability. and security that helps outsmart threats to your data. moaire dida twoo? your data, too. there's even round-the- clock customer support. so you can be there for your customers. hey billy, how you doin? with comcast business, reliability isn't just possible. thanks. it's happening. get started for $49.99 a month. plus, ask how to get up to a $1000 prepaid card with a qualifying internet package. don't wait, call and switch today!

>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ first into the tank are erika welsh and keeley tillotson, college students with a business they created in their dorm room. hi, i'm keeley. and i'm erika. we founded our company, wild squirrel nut butter, this january as sophomores at the university of oregon. wild squirrel is seeking a $50,000 investment