Look at the protests taking place in hong kong. The unrest began as a movement against a law allowing hong kongers to be deported to china. Since june millions of protesters have marched through the streets demanding greater democracy. Set to start in just a moment here. Live coverage on cspan 3. The meeting will come to order. Welcome to todays hearing on hong kongs summer of discontent and u. S. Policy responses. This is the second China Commission hearing this year on the situation in hong kong. During our may hearing, the commission heard compelling testimony from Hong Kong Pro Democracy advocates, including martin lee and nathan law who expressed concerns about the extradition bill that was quickly moving towards becoming law at that time. That legislation would have put anyone in hong kong, including u. S. Citizens, at risk of extradition to Mainland China. A lack of due process and custodial abuse have been welldocumented. Over the last 16 weeks, millions of people from all walk
Good morning, everyone. This is bloomberg surveillance. There is quite a lot of going on in the markets. It is what is happening with crude oil, 59. 21. That is nymex. Brent is much higher. We have to look at some of the prices at nymex. It is having a huge impact across the board. We are seeing stocks relate to oil price as well. If we have a look at the airlines that have been impacted. Lets get that board up, ryanair down 2. 7 . Bp worried about possible shortages. We will have a lot more on the story. A lot more on the barranco attack. Get to thets bloomberg first word news with viviana hurtado. Viviana would begin with Boris Johnson. A law would stop him from forcing through a no deal brexit. We have been told he will reject any deadline extension. Ahead of the Prime Ministers first negotiations today with European Commission president. Over to hong kong, this we can protesters set fire to a subway station. Police hit back with tear grass and Water Cannons. It is now into its four
Dollar, Angela Merkel talking about Practical Solutions to the braggs story. That is sending the pound up to the brexit story. That is sending the pound up. Not a big move but may be sound signs of cracks appearing on the e. U. Side. The ftse trading at session low. Giuseppe conti saying in the last few minutes he is going to quit. He is going to see the president and there will likely be an election in italy. Where you would normally expect italian yield to shoot higher, they havent. They have gone negative. They are now at session lows on the day. Maybe they are the next indication that the ecb will step in. We are seeing bcp yields lower and prices rising across the board according to european bonds right now. France french, german, all bond yields get down to the lows. 70 today. The stoxx 600 trading near session lows down by. 6 . Vonnie wall street walks dogs overhauling the volcker rule. A ruling following and occ ruling over the currency is saying it approved the changes. It wou
He was once considered untouchable but formal asian Prime Minister najib razak now faces a 2nd off 5 trials this time to answer 25. 00 criminal charges of Money Laundering and abuse of power in relation to more than half a 1000000000. 00 that prosecutors say was stolen from one end of the state Investment Fund he set up in 2009. Knots of his already on trial involving the transfer of 10000000. 00 from s. R. C. International a former subsidiary of one m. D. Into his personal accounts he has denied any wrongdoing saying the money was a donation from saudi arabia most of which has since returned allegations of not just involvement in losses at one end d. B. Surfaced when he was Prime Minister but he was cleared by the police at the time and the then attorney general the case was reopened when a new government led by Mahathir Mohamad came into power in may 2018 or you represent a fulfillment of for example. An. Electro promise to the voters of malaysia. Go to the bottom of this. Series of
With xi jinping at the g20 summit in japan. The leaders agreed that there will be no more new tariffs at least for now and the talks will continue. President trump also making history during his asia trip over the weekend, becoming the first sitting president ever to set foot in north korea. He met with kim jongun at the dmz. The two sides agreed to restart nuclear talks. Weve got a lot to go at this morning, including new developments out of hong kong and iran. Varney company starts right now. David more protests in hong kong. Lets take a live look at whats going on there right now. They broke into government headquarters. Susan, whats this all about . Susan its interesting that the chinese president xi jinping, as he was meeting President Trump at the g20 on the sidelines, he probably had some other issues in mind including the ongoing protests in hong kong. These protesters have been ramming and making shall we say they have been looking at headquarters, trying to get in, a makeshif