Will come to the hearing to have differences with. I think that will make up the American Public on the reliance of supply chain of Critical Materials do you consider that our response to the decision to allow huawai with a 5g network that theri government decision crosses the alliance. And with and this specifically looking at cyberattacks. We are divided into two parts really want to be dependent on the Chinese Government when everything goes wrong my argument is probab that the same and then Brigadier General problem that you have another democracies is that intense would join us for part number interest in the telecom two. Thank you very much for your time today your ex military the house of representatives before being elected senator industry dont want to see change and quite frankly they but the commentator on Us Foreign Affairs and are not capable to deploy that particularly the us and china urelationship and you and i have known each other for many type of network that we try
Index to session lows in the final halfhour. Asian markets face an uncertain retention ofs want u. S. Actions. Meanwhile, hong kong braces for what could be the biggest protesting month as the City Government needs to discuss criminalizing disrespect for chinas National Anthem. Haidi lets get a look at the markets, which are being jolted by prospects of more u. S. China tensions, the prospect of these further sanctions from washington to beijing as well as Key Developments in hong kong as we get the second reading of this controversial bill as well as the expectations of more protests. Held by newg upside zealand markets. We heard from the annual testimony report there could be more mobility to the countrys Financial Institutions, hearing from the governor. Upside in kiwi trading at the moment. U. S. Futures stumbling. A little downside when it comes to trading in the futures on the back of the failure to hold onto the key psychological 3000 level for the snp, geopolitical concerns get
Its the end of an era in west africa as fronts moves to scrap the currency used by its former colonies see if a friend will now become the equal but is this genuine change what is to rebrand and its really breaking its colonial on the african this is inside story. All over but im come all santamaria 8 west african countries will soon be using a new currency and it may well be that you didnt even know they had an old one but the 75 years the see if they say i thought it would be said in french has been used as money from senegal tunisia and most places in between but not the french government officially approved the end of the c. F. A. Frank it means france will cease to comanage the west african currency the bank of france will no longer hold huff of the currency reserves and a replacement currency the eco will be introduced while keeping its Exchange Rate fixed to the euro fronts negotiated with its former colonies for 3 years for reaching a deal last year when the problems with the c
Conversations the secretary of treasury over the last production days with the Paycheck Protection Program try to settle the order of forgiveness it is been a big issue a Small Businesses and not for profits in my state and across the country. There is no closing information on how the Paycheck Protection Program ends. We are very grateful to have the help at the beginning but it is set up to be a loan unless you qualify for. A lot of folks take the loan transition to a grant under the t hope that everyone will be treated fairly. But the rules were not set in place spent a lot of time this weekend at the Treasury Department they released finally today a very simple statement that if you are truly very Small Business or wnotforprofit code that is your total loan was 2 million or less you will be with a call safe harbor youre not have to worry about audit follow through the end of it its going to be very straightforward process for those very Small Businesses and small notforprofit. That
Reaffirming its redline over taiwan. Coronavirus claims more deaths as cages cases approach ive million. U. S. Closing travel from brazil. Protesters to announce chinas security law in hong kong. Washington says it could be the death knell for asias leading financial center. How is that playing out across these markets . Declines from last week, there is a little bit of trepidation and caution across futures now. Your getting brent crude, pleasant surprise from the upside, nothing screaming higher. 29. 65. 2965. 34. 72 brent crude. Coming off weeks of sharp gains. Looking ahead you have more data that perhaps would give us more visibility on the path. We could get consolidation as we were talking about earlier in the program. Lets talkoned, about the renewed tensions between the chinese and the americans here with the foreign minister of China Morning the u. S. To give up warning the u. S. To give up Wishful Thinking about changing china. Saying some in america are pushing relations to