Exclusive conversation with him. Plus insider buying, our friday segment. We are seeing the most bullish that we have seen in months. One Company Insider buy. It is not a name that we talk about. Well name that name and 13 million reasons he is optimistic on his companys future. Friday, may 22 you are watching Worldwide Exchange on cnbc. Good morning, welcome from wherever you may be watching we made it to another friday great to have us here it seems interesting here memorial day seems early this. Stock few you ares down about 170 points seeing a little weakness here. Markets seeing a relatively mild day. Huge up on monday, down half on tuesday. Gain some of them back for wednesday. Lost it yesterday. Really has been a roller coaster week that Hong Kong News well get to stocks tumbling and our futures down 170 lets get now to that news the communist party looks set to crack down on hong kongs remaining freedoms futures are down 170 points now. I believe you have eunice yoon who is rea
On. The program. Is set to take the next step towards drafting a controversial new security law thats increasing tensions with hong kong critics say the. Right to free speech and. Control by china protests have been escalating ahead of the changes demonstrators say. The. Special one country 2 systems statics. On wednesday protesters also gathered in opposition to a bill criminalizing disrespect for chinas National Anthem. Thousands of hong kong residence defied Police Orders and took to the streets demonstrating for their independence and against chinas efforts to tighten its grip on the semi autonomous region the protesters were met by a Strong Police force which fired pellets filled with pepper to disperse the crowds and arrested hundreds one of the residents concerned a bill threatening anyone who disrespect the Chinese National anthem with up to 3 years in prison. Im worried about the National Anthem law i know it will pass in the Legislative Council because prostitutes that lawmak
Rescue. European Commission Wants to raise a 750000000000 euro fund but 1st they have to get all 27 members to agree. Hello and good to have you with us beijings National Peoples congress has overwhelmingly approved a plan that allows china to begin imposing new laws on hong kong controversial security law will bypass the territorys legislature protests have been escalating ahead of the changes critics say the law will remove advocates rights was free speech. Controlled by china and demonstrators say the law violates the freedoms promised under hong kongs special one country 2 systems statens. Florences is a freelance journalist in hong kong and joins us now from there tell us what will beijings new National Security law mean for hong kongs future. Well im afraid the real answer for most the hong kong people at the stage is we dont know or at least we dont know and actually that aggravates the anxiety because there has been much meat here on do you story question obviously end of use v
Ministration could have acted earlier and saved thousands of lives. And in football the bundesliga has its 1st big blooper since the restart to this goal kicking out past her to berlin an important victory. Im serious i was gonna thank you for joining us china has taken another step to increase its control over hong kong and subdue public protest beijings National Peoples Congress Overwhelmingly passed a plan giving the Chinese Government the power to begin imposing new restrictions on hong kong the Controversial National security law will bypass the territories own the ruling legislature prodemocracy advocates say the law violates the freedoms promise of the Hong Kong Special one country 2 systems status. The Chinese Government said the implementation of the security law was for the Long Term Benefit of hong kongs prosperity and stability. One country 2 systems is chinas basic state policy. I mean the Central Government has all along fully and faithfully implemented one country 2 syst
Treasury yields rise as u. S. Jobless claims drop. Is creaking aine milelong allegations of cheating. Saudi arabia moves forward with a volatile deal. David david and amidst those headlines, we are just getting a kind reminder was, i dont know if it is early, 50 right now, but it has been a relatively good week, even considering the pullback we had. Gold, 1721. Lets put it this way. A moderately soft start to the session, a third of 1 . , give ores trading take, a 10th of 1 . Jobless claims were below 2 million. We are looking ahead to the jobs report later today, 19 Unemployment Rate is what we are expecting. Have a look at the currency markets with the dollar, the weakness in the dollar up about 12, 18 hours back has really been your top theme as well. Strengthe seeing some coming through a lot of these asian assets. Have a look at where we are on euro. 90. Ling back up about we are up eight days on the euro until right now. The ecb outlook increasing the that roughlyending until abo