A new move in the north stream through the pipeline saga unfolding in europe we take you on the ground in berlin to break down the new developments and why the u. S. Is pulling out all the stops to halt the project. Amid rising social pressure some professional sports teams are looking to change their mascot but what could the economic consequences look like we take a look at the issue and the sponsors putting pressure on the team to change with a packed show today so lets dive right in. And china is the greatest long term threat to the United States those words are from the f. B. I. Director Christopher Ray who bless the Chinese Government in a speech made at the Hudson Institute raise comments about beijing are wide reaching include everything from accusing china of attempting to become the worlds only superpower to claiming that china has engaged in a campaign of theft and malign influence you know reach the point where the f. B. I. Is opening a new china related counterintelligence
A new cold war with china. After the eyes of the han the. Raising remarks ignore basic facts and are full of political lies they dont get fully exposed his deep rooted cold war thinking if an ideological prejudice china firmly opposes this they know you will. I would like to stress that some u. S. Politicians have recently made unwarranted smears on china playing up the socalled china threat and attempting to divert public attention and conceal their own problems with their plots are clearly seen by the world and will by no means of succeed. Theres a lot to unpack here so joining us now to do so is boom bust cosen investigative journalist ben swan and host of economic update professor Richard Wolfe thank you both for being here now professor wolf i wanted to start with you here but we heard f. B. I. Director ray say that half of the bureaus 5000 counterintelligence cases deal with china is this such a broad brush that makes these statements kind of appear as if china has its hands in q
You cannot be bold with yeah you know what. This is boom boom. One business show you cant afford to miss in washington coming up china is engaged in a home state effort to become the worlds only superpower by any means necessary the head of the f. B. I. Has issued some scathing statements about china as the United States continues to ramp up tensions with the asian superpower straight ahead we dig into the details and the growing tech battles between the 2 and there has been a new move in the north stream through the pipeline saga unfolding in europe we take you on the ground in berlin to break down the new developments and why the u. S. Is pulling out all the stops to halt the project. Amid rising social pressures some professional sports teams are looking to change their mascot but whats the economic consequences look like we take a look at the issue and the sponsors putting pressure on the team to change with a packed show today so lets dive right in. And china is the greatest long
We saw a stronger fix, some signs of trying to anchor the moves we have seen. Watching the likes of indonesia coming online. We are looking at another day of gains for jakarta. Hang seng, slightly under pressure as we wait for the npc to vote on that National Security legislation this afternoon. Former,ei is the upper seeing a fourth day of gains for Japanese Equities on the reopening. Currencies, hong kong dollar is the focus. You look at pokechecked seeing 775 but speculators are out there. The korean won seeing weakness. And then going lower after the bok cut rates for the record low. Lashed their growth outlook. You look at the weakness in the renminbi, that is not really translated. It is pretty much unchanged for some time. We are watching the euro as well after we saw some fiscal stimulus plan, it should be a big deal for the currency, the euro hitting the strongest level in two months. Watching oil which did extent losses, saw a surprise jump in the u. S. Crude stockpiles with
Coronavirus. Germany its 1st big the restart did this goalkeeping. Important victory. Im still girl welcome to the program Chinas National Peoples Congress has overwhelmingly passed a platen giving beijing the power to impose new restrictions on public protest in hong kong prodemocracy advocates say the law violates the freedoms promised on the Hong Kong Special one country 2 systems status in a joint statement the United Kingdom the United States australia and canada said the new legislation would curtail peoples freedoms and dramatically erode the chinese territories autonomy. In the house. Legislative counsel a democratic lawmaker has struggled to get past security guards with a bag he said it contained a rotten plant symbolizing what he said was the decay of hong kongs rule of law and way of life chinas latest move against disobedience is imposing National Security laws on hong kong the National Peoples Congress Approved plans to move forward with laws against things china sees as