kevin mccarthy in california. and an early morning statement the spokesperson for the chinese ministry accused washington of colluding with taiwan especially over the issue of arms sales. earlier mr mccarthy said they must strengthen economic cooperation with the island that china has claimed as its own. claimed as its own. whether it s out deep claimed as its own. whether it s out deep commercial - claimed as its own. whether. it s out deep commercial ties, strong people to people relationships or shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr mccarthy is the most senior us figure to meet with a taiwanese leader on american soil since 1979, taiwanese leader on american soilsince 1979, despite taiwanese leader on american soil since 1979, despite the rhetoric, though, taiwanese firms do big business with both china and the united states in fact china is taiwan s largest trading partner. earlieri spoke with the
in california, in an early morning statement, the ea rly morning statement, the spokesperson early morning statement, the spokesperson for the chinese ministry accused washington of colluding with taiwan, especially over the issue of arms sales, earlier mr mccarthy said washington must strengthen in economic cooperation with the island that china has claimed as its own. whether it is our deep claimed as its own. whether it is our deep commercial- claimed as its own. whether it is our deep commercial ties, l is our deep commercial ties, strong people to people relationships, our shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr to expand through dialogue and exchanae. ~ a ., , , exchange. mr mccarthy is the most senior exchange. mr mccarthy is the most senior us exchange. mr mccarthy is the most senior us figure - exchange. mr mccarthy is the most senior us figure to - exchange. mr mccarthy is the | most senior
Across the country. Skirmishes broke out between protesters and police at the university of Southern California in los angeles. At the university of texas in austin, the governor sent in State Troopers in riot gear to confront demonstrators who waved Palestinian Flags and chanted free palestine. These demonstrations have spread since the arrest last week of more than a hundred protesters at Columbia University in new york sparking debates about free speech and the right to protest. Our west coast correspondent emma vardy sent this update from the university of Southern California in los angeles. Protesters arrived here on campus around eight oclock this morning. They have stayed for much of the day. Earlier on tents put up by protesters, police asking them to take those down, that led to some scuffles and clashes between protesters and Campus Police here. One person was detained but we understand they were released pretty quickly. In the hours that followed the protest here in los ang
have led to worries that a recession may be on the horizon and to stock market selloffs. so bad news is bad again. we will see if that relationship holds on friday when the full monthly employment report is released. ., ., ,, released. samaria hussein reporting released. samaria hussein reporting on released. samaria hussein reporting on that - released. samaria hussein reporting on that story - released. samaria hussein reporting on that story for| released. samaria hussein i reporting on that story for us. switzerland has ordered the bonuses of top executives of credit suites to be cut following the forced merger with ubs. 1000 employees will be affect it and the combined bonuses have a value of over $55 million. the air travel industry was one of the hardest hit during the pandemic but add that to an economic crisis and that to an economic crisis and thatis that to an economic crisis and that is the situation sri lankan airlines found itself in. the carrier is now exploring priv
in. the carrier is now expiring privatisation plans to ease the board and on colombo. we caught up board and on colombo. we caught up with richard nuttall, chief executive at the airline. there is a lot of executive at the airline. there is a lot of energy executive at the airline. there is a lot of energy around - is a lot of energy around privatising. the first thing, though, that we need to do if we re to privatise is we need to restructure the old dexter out there, so in round numbers we make $1 million of revenue a year. we have $1 billion of debt, some in dollars, some local, some owed to different creditors, and we are paying 100 million on servicing it. structure that that a large part of what we are paying any interest comes back and can be used to run the airline and it means that an outside investor can come in and, guess, basically not pay for the sins of the past. welcome i think you first lesson for me is don t ever go and be a ceo in covid, come after covid then you c