Domestically. And it is all in lets do business the pound has retreated from its highest level in almost a year the chances of a no deal break that have risen sharply the u. K. Wants full autonomy over its state aid plans thats threatening negotiations with the European Union the 8th round resumes in london this week british Prime Minister barak johnson has brushed off fears of chaos if talks fail hes also given an october 15th deadline for a trade deal with the e. U. Months after refusing to set a cutoff date. Lets go over to our financial correspondent in frankfurt. We closer to a deal oh just closer to chaos. No were not closer to a deal ban on the contrary the u. K. Is government is making it pretty clear that it wants independence from europe at any price meaning. That even previous agreements you know for example the socalled divorce deal that was struck between the u. K. And the European Union that was supposed to guarantee a peaceful and smooth relationship on the irish border
With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
The committee will come to order. Thank you all for coming today, i dont think all of you for being here. It is our honor to have the deputy secretary of state here to testify on u. S. Policy regarding peoples republic of china. I originally defaulting back in march, however, our need to focus on the Community Protests from doing that. It is important this committee continue its work on its most committing Foreign Policy challenges, obviously china is one of those. As a complete mistrust correctly recognized, china is a strategic in global competitor of the United States. It would be the greatest Foreign Policy challenge the United States faces in decades to come. Policies of the Chinese Communist party undermine u. S. Interests and values, as we share with partners around the world. Covid19 has brought this challenge the fork front of american life. We now know just how much the Chinese Communist partys decisions and actions directly affect u. S. Citizens, our allies and partners in t
Have deputy secretary of state Steven Biegun here to testify. Originally planned to hold this hearing back in march but the need to focus on covid19 prevented us from doing that even as we continue to address the pandemic and the impact on the u. S. Citizens. It is important this can many continue it to work on the most pressing Foreign Policy challenges and obviously chinas one of those. This is especially the case and the topic we are discussing today is a Trump Administration is correctly recognized china as a strategic and global pedant competitor of the United States it will be the greatest foreignpolicy challenge in the decades to come. The policies of the Chinese Communist partys undermined u. S. Interests and values including those we share with allies and partners around the world. Covid19 has brought this challenge to the fore front of american lyford we now know just how much the Chinese Communist partys decisions and actions directly affect u. S. Citizens, our allies and pa
Focusing on covidien team prevented us from doing that even as we continue to address the pandemic and its impact on us citizens it is important we continue the work on most pressing foreignpolicys challenges in china is one of those especially the case with today is the Trump Administration has recognized china is a strategic and global competitor to the United States will be the greatest form policy challenge United States bases in the decades to come the policy of the Chinese Communist party undermine us interest and values including those we share with allies and partners around the world t t. Covid19 has brought this challenge to the forefront of American Life to know just how much the Chinese Communist partys decisions and actions directly affect us citizens our allies and partners in the entire world and we know the pandemic will not stop their behavior whether hong kong the South China Sea or the border the last three years the Trump Administration has tried to put the United S