There is no evidence of a crime. This isolation has been used [inaudible] mark whelan who holds british, irish, and Canadian Citizenship was arrested in moscow of december of last year and charged with espionage which carries up to 20 years in prison. He has complained about poor conditions and said his life is in danger. Nebraskas highest court has lifted one of the last major hurdles for tc Energy Policy keystone xl pipeline but challenges remain for the 8 billion project which has been on the drawing board for a decade. The project is tied up in a legal battle in montana over itmits and tc energy says has already missed the window for beginning Major Construction work this year. Environmentalists claim the pipeline would contribute to catastrophic climate change. David cote him an industrialist libertarian and philanthropist is dead, according to the bloomberg billionaires index, he about 59h of billion, tying him with his brother as the worlds seventh richest man. Coke industries,
Anywhere in the bond market. Crudear yield totally bucking its train from yesterday. Were selloff in over four years. The worst selloff in over four years. We are going to kick things off , the morningtters news that is moving the world. We are going to kick it off with china responding to the trade escalation. Ministrygn spokesperson saying china will have to take necessary countermeasures. We took now to bloombergs chief is a correspondent chief asia correspondent enda curran. Enda a pretty robust response, as you would expect. They said they will retaliate if the u. S. Goes ahead with these tariffs. They stop short on specific details, but the thinking is that china could respond by making life much more difficult for u. S. Companies operating within china that could divert purchases of agricultural goods away from the u. S. And scrapped those promises to buy more u. S. And they could let the yuan soften against the dollar. They probably have some restrictions on what they can do in
Steps in with unscheduled bond buying for a second time this week. Asian stocks and european futures selloff as hot u. S. Jobs data pressure on the fed inflation fight. The bank of england decides with at least another quarterpoint hike expected today. Speculation rose it could hint at a faster pace of bond sales. Earnings heat up with amazon and apple taking center stage. But first, socgen posts betterthanexpected secondquarter net income, with ing results hitting the tape now. Good morning, welcome to thursday. The misery continues in asia, after a miserable end to the session on wall street. The s p 500, it was its worst day since april. The nasdaq was down over 2 . August is typically the most volatile month. The fear gauge, the vix is at its highest since may. There are jitters about how much the bank of japan will let yields rise under its yield curve control regime. It has made its second intervention in a week. Not to mention tepid earnings from qualcomm. The 10year yield rose
international waters. stock markets in europe and the us rebound after days of turmoil between police and supporters of the opposition leader, imran khan, as they try to arrest him at his home. we start in the us, where washington has summoned ambassador after a russian jet fighter collided with an american drone over the black sea. the us military s european command says the russian fighter plane struck the propeller of the unmanned us aircraft, causing it to crash. president biden has been briefed about the invasion of ukraine more than a year ago. the bbc s gary o donoghue is in washington, dc. lets bring you some details of this incident that have been revealed in the statement from we have just heard from pentagon press secretary and just the last few minutes. press secretary and “ust the last few want few minutes. at approximately 703 one of the russian aircraft - one of the russian aircraft struck the propeller of the m 29, causing us forces to have to bring the down
hampshire. we have the top stories. we begin in asia and the latest on the coronavirus outbreak. the death toll retain 910, higher than sars. joining me from hong kong is stephen engle. give us the latest. containment remains the operative word both inside china and outside. let s begin inside china. there is a total globally of 910 confirmed cases of deaths. 908 is inside of china. than theore deaths sars outbreak in china and hong kong and elsewhere around the world. there are more than 40,000 confirmed cases. the good thing according to the world health organization in china, they see the number of new cases has plateaued, but the challenge is as many of the workers are starting to go back to work after the extended holiday and all of those travelers getting back into the factory, can china keep the number of new cases at that stable level? that will be very key to the global outbreak. outside of china, we have that , now 136ip in focus additionalases, an 66 cases were r