us presidentjoe biden addresses the nation, calling for unity and a calling of political rhetoric after a weekend attempt of donald trump's life. in china kicks

off a four day plenum top off a four day plenum with top communist party officials gathered to discover the economy. hello and welcome to business today. i'm steve lai. we began in the us where presidentjoe biden hasjust presidentjoe biden has just wrapped presidentjoe biden hasjust wrapped up a national address. following the week and assassination attempt on donald trump at a rally. the former president suffered a slight wound to his ear and already in milwaukee for the republican national convention which kicks off monday. biden said the trump shooting calls for everyone to take a step back and coal the temperature in politics. he called on americans to stand together. i'm beginning, ourfun is understood the power of passion so the credit democracy. they created balance a chance to prevail over brute force, that the america we must be. american democracy where we

remain in good faith. american democracy with the will of law respected. american democracy were decency, dignity, fairplay are notjust quiet notions but leaving, breathing realities. without investor explained what the weekends unprecedented events could mean four markets in the us presidential race. in the next thing that could happen if somebody takes a shot at biden and he gets something about — looking at the facts on how these things usually don't 90, how these things usually don't go, one in another, it seems to me that the vote is important. and it is coming on top of a competence followed, whether you agree with it or don't agree with that. the american public including the democrats were already having doubts about the suitability and cognitive ability of biden to actually run for office. we do have four _ actually run for office. we do have four years _

actually run for office. we do have four years of _ actually run for office. we do | have four years of experience over donald trump in office so if we take that as a cue to look ahead as to what for more years of trump policies would mean, help us understand that better. ., , ., better. virtually no good. i mean, better. virtually no good. i mean. the _ better. virtually no good. i mean, the first _ better. virtually no good. i mean, the first three - better. virtually no good. i mean, the first three is - better. virtually no good. i | mean, the first three is the super rich who other people at edge of the markets, taxes would be less regulated. when you get down to the details because of trance trade policies which are really all about and isolations of america coming back into vogue, drums trade policy will cut i.5% coming back into vogue, drums trade policy will cut 1.5% to growth and 1.5% to inflation and the effect that is less on inflation and much more on growth, maybe i% on growth. what that means in america is that you lose the pump of the economy because inflation rate is too high. and that's about

the effect. the second affected is that trump doesn't want to attack nato opening, he wants to stop the war of ukraine which would basically fracture nato by another doorway. and that unleashes a global mistrust of america and a global arms race, the third theatre is out here where you are, the asian pacific theatre where we may well see trump being consistent in a way which will surprise in other words, he's going to take on china with tariffs of approximately 60%, 10% and all other trading partners so that is extremely bad as i've explained for the economic performance but at the same time, he cannot take on china in this way and abandon taiwan and another way regardless because america still depends on the high and output of companies like tsmc to a crypto military etc. so, we have a consistency of

approaching the asian theatre where america really steps up to the defence of taiwan which increases the hostility over china which we are already seeing that it can get a lot worse. . seeing that it can get a lot worse. , ., , worse. the chinese communist pa are worse. the chinese communist party are gathering _ worse. the chinese communist party are gathering in - worse. the chinese communist party are gathering in beijing . party are gathering in beijing for one of china's most important political meetings of the year. the third plenum will be held behind closed doors which kicks off today. it has resulted in a major policy announcement and this meeting will focus on the country's economic prospects and this latest plenum has been delayed of over six months and has taken place amid a crisis in the property sector and was relations with the united states. industry experts laid out what he thinks will be a key economic priority at this year's meeting. i key economic priority at this year's meeting.— year's meeting. i think two words, it'll— year's meeting. i think two words, it'll be _ year's meeting. i think two words, it'll be incremental| year's meeting. i think two - words, it'll be incremental and vague. now, idon�*t words, it'll be incremental and vague. now, i don't think anyone should be surprised that beijing has taken an

incremental approach so any expectation that we might have had earlier this year about a big bazooka, ithink had earlier this year about a big bazooka, i think that's not happening and so by incremental, it means along the repeating of what we heard already, of quality growth, wanting the financial sector of the economy, wanting higher productivity, wanting to focus our stitching sectors, everything you heard before and it'll be quite high level, you are going to get a lot of details because details don't come into the government has a report which will be released one month after the planet. as i said, incremental and vague. do you think it'll be greater on the vague part was that counterintuitive?— on the vague part was that counterintuitive? there are not t in: to counterintuitive? there are not trying to be _ counterintuitive? there are not trying to be vague _ counterintuitive? there are not trying to be vague on _ counterintuitive? there are not trying to be vague on purpose, | trying to be vague on purpose, historically, the plan has be very, high level and it leaves a lot of the working details, had operational, the general

direction to the local government. and so, it's really in the month after the third plenum where local governments start to produce these gigantic manuals, how to actually implement what beijing and the leaders have decided. the interesting part about that is what its flexibility, it means there's a lot of unevenness of how things are interpreted and how things are interpreted and how they ultimately get operationalised for the different cities and provinces. also this week, couple of interest—rate decisions on wednesday, indonesian central bank will decide whether to hold a key lending rate as 6.25%. they mount surprise rate hike earlier this year to try and boost the currency. and on thursday, we will hear from european central bank across the eurozone called injune but the eurozone called injune but the ecb is widely expected to keep rates on hold at 4.25%. a bit of sports news, to tell you about and the olympics returns to paris for the third time

later this month. mountain biking has been an olympic sport since 1996. the sport has yet to appear at the paralympics, the bbc�*s has been to meet the bikers who are using technology to make adaptor bikes that could make that possible. this is competitive mountain bike racing, a spot where writers hold themselves of massive jumps, going through narrow treeline trails and fly downhill at higher watering speeds. downhill at higher watering seeds. , ., , speeds. so, i start competing when i was — speeds. so, i start competing when i was like _ speeds. so, i start competing when i was like 12, _ speeds. so, i start competing when i was like 12, 11- speeds. so, i start competing when i was like 12, 11 years i when i was like 12, 11 years old, i used to ride downhill. this is a competitive mountain biker and the two—time national champion of his native chile. i was american champion, national champion, multiple times. and i finish in the world cup, that was my best result. but training _ was my best result. but training in _ was my best result. but training in 2017, - was my best result. but training in 2017, he - was my best result. but training in 2017, he had a tragic accident. i

training in 2017, he had a tragic accident.— training in 2017, he had a tragic accident. i crash and i finish paralysed _ tragic accident. i crash and i finish paralysed from - tragic accident. i crash and i finish paralysed from my . tragic accident. i crash and i i finish paralysed from my chest down. , , ., ~' finish paralysed from my chest down. , ,, ~' ,, finish paralysed from my chest down. , ,~ ~ i. ., down. did you think you would be able to _ down. did you think you would be able to cycle _ down. did you think you would be able to cycle again? - down. did you think you would be able to cycle again? no, i down. did you think you would be able to cycle again? no, it| be able to cycle again? no, it never came — be able to cycle again? no, it never came to _ be able to cycle again? no, it never came to my _ be able to cycle again? no, it never came to my mind. - be able to cycle again? no, it - never came to my mind. although mountain biking _ never came to my mind. although mountain biking will _ never came to my mind. although mountain biking will be _ never came to my mind. although mountain biking will be an - mountain biking will be an official sport at this years olympic games, is not yet been made an official sport in the paralympic games. that's pa ralympic games. that's partially paralympic games. that's partially because the bikes and it's a race have not existed. many hand cycles are built to be written on the road and feature wide world bases, occasionally, even place writers dealing forward, this position puts their air senegal rehire, someone that would make sharp turns difficult on a loose mind and our trails. but a canadian company think they developed a solution. i a canadian company think they developed a solution.- developed a solution. i broke m back developed a solution. i broke my back in — developed a solution. i broke my back in 1996 _ developed a solution. i broke | my back in 1996 snowboarding and prior to that, i love mountain biking, love snowboarding and climbing, i was loving the outdoors in canada and very early on in my

injury, i recognise that i was going to be 100% reliant on technology. 50 going to be 100% reliant on technology-— going to be 100% reliant on technology. so a machine by trade, christian _ technology. so a machine by trade, christian began - technology. so a machine by l trade, christian began building experimental mountain bike. the -roblem experimental mountain bike. the problem was _ experimental mountain bike. iie: problem was that experimental mountain bike. "iie: problem was that i experimental mountain bike. ii2 problem was that i would experimental mountain bike. i“i2 problem was that i would tip, experimental mountain bike. ii2 problem was that i would tip, i would dip over or i would go fast downhill and the corner and then tip to the outside of the corner. and then tip to the outside of the corner-— the corner. for years and ears, the corner. for years and years. he _ the corner. for years and years, he tinkered - the corner. for years and years, he tinkered with i years, he tinkered with different designs but nothing worked so he focused his energy instead honor cross—country ski chair that could shift and pivot on snow. it was while skiing that a lightbulb went off, if you just flip the ski set up over, you have a system that would allow the reticulated and shoals shocks. wallace has helped with the racing, he says the technology has stopped them get back in enjoy riding his bike again. i feel that i'm discovering that are another writing because i

used to racing, racing, was used to racing, racing, racing and preparing for racing that now i am like enjoying the process of writing and going for long rides. like learning, how to enjoy being those for long rides. like learning, how to enjoy we g those for long rides. like learning, how to enjoy -ose - for long rides. like learning, how to enjoy _ places. while we are certain that bell head _ places. while we are certain that bell head won't - places. while we are certain that bell head won't be - places. while we are certain that bell head won't be in i places. while we are certain l that bell head won't be in the paralympics, they might be kicking off the cloud of dust in los angeles in 2028. —— bowhead. we wish them well. a reminder on our top stories this hour, president biden has addressed the nation following that we can attempt on donald trump's life, you can find out more on our life page, he called for things to be lowered after the thames on the weekend. bye for now.

hello and welcome to sportsday — i'm tulsen tollet. here's what's coming up: spain are european champions for a record fourth time as they score late to beat england 2—1 in berlin.

for england, it was a second successive loss in the final and our sports editor dan roan looks back on what might have been. this was uncharted territory for england. never before had its men's team contested a major final on foreign soil. now for those fortunate enough to be in berlin, a chance to witness history. it's written in the stars. we rode our luck— throughout the tournament. here in a venue of epic proportions, greatness