we have fox team coverage in new york. larry kudlow of fox business tells us about the global impact of these currency efforts. in washington rich edson shows us how china is making its move. but we begin with national correspondent william la jeunesse at the leag presidential library in simi valley, california. good evening, william. good evening, bret. you know, washington and beijing have had for differences over the future of taiwan. today speaker mccarthy down played any disputes. he said while the united states is not interested in war it will not abandon taipei. a friendly handshake. , outside a symbol of the growing tension between china and the u.s. shutting off by house speaker kevin mccarthy. the friendship between the people of taiwan and america is a matter of profound importance to the free world. and it is critical to maintain economic freedom, peace, and regional stability. taiwan president xie equally indifferent to china s intimidation. we must be
A Defense Shakeup as the war with russia enters its 19th month, ukrainian president Volodymyr Zelenskyy firing his Defense Minister. The president of ukraine saying it is time to try a new approach. What this could mean for the battlefield. Plus, Stuck In The Mud. Thousands still trapped in the Nevada Desert after intense rain left the Burning Man Festival site smothered and covered in mud. Roads might reopen any moment. We are going to get you an update. And President Biden touting bidenomics and slamming former President Trump this labor day in philadelphia, but a new poll shows most americans that were polled arent buying bidens message. Were following these major developing stories and many more all coming in right here to Cnn News Central. A major shakeup at the top of ukraines military as russia continues to launch attacks on civilian targets. Overnight russia launched what ukraine described as a Massive Attack on civilian infrastructure at ports in the southern odesa region. Its
Will be alarm bells all over western europe. we will be alarm bells all over western euroe. ~ :, will be alarm bells all over western euroe. 9 ., , ., europe. we have focused through the week on the europe. we have focused through the week on the bricks europe. we have focused through the week on the bricks summit, - europe. we have focused through the week on the bricks summit, which - week on the bricks summit, which is expanding today. six new members coming in. they are the counterbalance, i suppose coming to the washington led g7 and the international orders that washington has set out. and that is in american interests but the isolations and we saw in the first world war or second world war, if that were be repeated over ukraine, will be the ramifications of that? , 9, , ramifications of that? they would be chaos in the ramifications of that? they would be chaos in the western ramifications of that? they would be chaos in the western camp - ramifications of that? they wou
Talking about war with the west, telling husband country to prepare for war, the next commander in chief could be a wartime president and god help us if it s joe biden. but here is the thing i want to hear. there is the military aspect, of course, but really, i think this is going to be won or lost with china economically. president trump started a huge first step with the tariffs on steel and on aluminum. but when we talk about wall street, academia, when we talk about the nba and decoupling, how are the candidates going to do that when so many aspects of america are drunk on chinese dollars. john: you know, right now in south africa, we have been showing some pictures of this on the screen next to you, is the so-called bricks summit, which includes brazil, russia, india, china, and south africa. it s a rival organization to the g7, i guess is the best way you could put it. they want to replace the dollar
Whereas, the u.s. and south korea have said they are defensive and they are needed for readiness. it is a fact we are seeing significantly more drills between the u.s. and south korea over the last year or so. we heard from south korean police that there had been a hacking attempt for these drills back in february targeting some of the korean companies and entities that actually were involved in the drills. they say that no military related information was taken but they do believe north korea was behind the hacking attempt. thank you. chinese president xi jinping leaves for the bricks summit in south africa. be the chinese president will be looking to expand china s influence in africa and bolster