Hong kong is gearing up for more protests this week meanwhile beijing is putting pressure on Big Companies to distance themselves from the protesters Central Government government has taken an increasingly firm tone over the protests accusing Foreign Countries including the United States of inciting unrest u. S. President on notrump on sunday want to china that carrying out a Tiananmen Square style crackdown protesters would harm trade talks between the 2 countries china agreed to allow hong kong to keep its unique freedoms when the former british colony was handed back in 1907 but many homeowners feel those freedoms are being chipped away beijing has pressured hong kong businesses to toe the line and condemn the protesters. Further edging is trying to keep hong kong on a tight leash because it cannot make li full control over the city is vitally important for china and heres why nearly a 5th of chinas Foreign Trade passes through hong kongs content of board and force of the lions shar
Joining us for the hour to break down the market action, keith bliss. Good afternoon to you. Thank you very much, wilf really good to be with you snapshot of today, why are we selling off . Number one, you have low volumes coming into july you usually have the spike in june on the weekly volumes were seeing that today. Listen, you got to say the news is really washing over the markets as it relates to boeing. The downgrade we had at apple, people are getting nervous about what fed chairman powell may say and may not do at the end of the month. I think thats why youre seeing a little selloff in combination with that is we did get overbought in the dow a couple weeks ago are traders talking about the fed and whether they may not cut at the end of the month . Youre certainly seeing that in the discussions that you have with traders and investors alike. Youre not seeing it reflected in the fed funds futures yet still an overwhelming majority of people think were going to get a 25basis poin
Implosion of the tories. State of the nation starts now. Ill also be joined by my most intellectual panel, former conservative mp and commentator paul goodman, and gb news senior political commentator nigel nelson. As always, i want to hear from you. Its a crucial hear from you. Its a crucial part of the programme. Email me at gb news. Com but now its what youve all been waiting for. The news of the day with sophia wenzler. Jacob. Thank you. Good evening. Im sophia wenzler in the gb newsroom. Your top story this hour. The gb newsroom. Your top story this hour. The Prime Minister has ruled out holding a general election on the 2nd of may, amid speculation he could choose to go to the polls early. In an interview with itv, rishi sunak was asked if there would be an election on the same day as the local elections, which takes place on the 2nd of may. He replied there wont be an election on that day. Previously, hes been reluctant to make a definitive statements about the general election,
Saying only that its his working assumption. It will take place in the second half of the year. Michael place in the second half of the year. Michael gove place in the second half of the year. Michael gove has named some of the groups to be investigated under a new definition of extremism, which he says will mean the government can express more clearly than ever who poses a risk to britain. Some of the groups included are alleged to have islamist views, with others described as neo nazi. See described as neo nazi. See todays new extremism definition will be used to assess whether some groups should be marginalised or blocked from pubuc marginalised or blocked from public funding. But michael gove insists its not about silencing those with private and peaceful beliefs. Beliefs. We have to be clear eyed about the threat we face, precise about where that threat comes from and rigorous in defending our democracy. That means upholding freedom of expression, religion and belief when they are
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