discover a route, a race linked to military interests, a race linked to political and military, christy bush, but also linked to many financial resources. and adventure full of hardships, dangers and death. but jillions journey around the world starts january 19th on ah, the global chip brace is on. we'll look at how semiconductors could become a major battle ground for rival superpowers in 2023. also on the show from goldman sachs to goldman fact the investment bank lays off thousands as a global downturn weighs on markets. we'll get more from wal welcome to the w business. this is christy plots, and back with you from berlin. it's becoming a major battle ground among rival superpowers. the u. s. is encouraging its international partners to join a plan ban of chinese computer chips. according to media reports. us ambassador to japan, rama manuel says the u. s. is in discussions with japan, the netherlands and south korea, nations critical to the industry supply chain. in an interview with bloomberg, he said, all the parties are at the table. all the parties have a mutual shared interest in

with the context, ayesha hazirika, journalist and former labour adviser, and ron christie, former adviser to george w bush

tonight with the context, ron christie former adviser to george w bush and ayesha hazarika journalistnd former labour adviser. welcome to the programme. it's the first day of the new us congress and it's already one full of drama. the new us congress and it's after the swearing in of the new members, the new house of representatives is stuck at the very first hurdle, choosing a new speaker of the house. we've already had rounds of votes. the latest kevin mccarthy received. short of the 218 majority. this is the scene live in the house now — another round of voting is under way. nothing can go ahead until a new speaker is elected, so this could go on for hours or perhaps even days until someone is chosen. we'll go live to our correspondent will grant on capitol hill for us in a moment. but first, let's rewind back to the days and weeks before the midterm elections. all the polls pointed to a resounding republican victory in the house, a red wave that would have meant today would have been a simple coronation for kevin mccarthy as speaker of the house. but that red wave never came. and

with the context, former conservative cabinet minister justine greening and ron christie former adviser to george w bushwelcome to the programme. it has been a fractious few days, nato allies openly criticising the decisions in berlin, the german chancellor refusing to send his tanks, unless the united states also had skin in the game. but out of delay and a whole lot of diplomatic wrangling, has come a momentous decision. nearly 100 nato tanks, will be sent in the coming month to the front line and the border with russia — a move that was unthinkable months ago. we will provide battle tanks to ukraine, the leopard two. this is the result of intensive consultations with our allies and international partners. i want to stress that it is right that we did not allow anyone to pressure us but that instead we relied on close cooperation on the special issue and we will continue to do so. the americans took some convincing. the abrams while readily available, will take longer to ship, they are more complex to sustain logistically, they run on jet fuel rather than diesel. but in the end they were the key to un

for answers let's turn to ron christie, republican strategist who worked in the white house of george w. bushw did we get here? >> how we got here is an impasse between congressional republicans and democrats to find a common ground with ho much the full faith in government should be here in the united states. republicans say they want spending cuts. democrats don't want any conditions to raising the debt ceilg. hence the impasse. laura: who is going to blink first? the white house or the republicans? we have divided government. >> in my experience having worked for congress and the white house, the president of the united states as more of a bully pulpit, he can go and say look at what these pesky republicans are doing, look at how it will impact interest rates in american life. that being said, we have divided government and republicans think that in the house of representatives we have leverage. there will be saber rattling between now and what i believe will be sometime in june and at the latest early july to resolve the impasse. laura: looking specifically at republicans, what are you he

means for the republican party and the country, we are joined by ron christie who worked in the white house of president george w. bushevin mccarthy going to be the next speaker? >> no. i have been saying this on the bbc for the last six weeks. i have worked at the for nearly nine years and i have never seen anything like this. happy new year to you. never seen anything like the republicans or democrats not coalescing around their leader. the presumptive leader to take charge and take the gavel. there are a lot of conservatives who don't trust kevin mccarthy. to are a lot of moderates who think he is too conservative. when you need 218 votes and this is what our viewers need to understand, you need 218 votes which is a majority of the house of representatives. not republicans, not democrats but a majority of the house. at this juncture after the third apparent defeat, i don't see how he is going to get it. >> what kind of face is the republican party presenting to the american people who just gave thecontrol of the u.s. house of representatives? >> a very embarrassing one. you know my wife jennifer. jennifer and i hav

. >> i want to turn to ron christy, a veteran of the george w. bush white house and cornell. >> and new york university. >> and you're teaching this subject. jump in. >> thank you very much and thank congressman delaney wherever he is hiding out in the back somewhere and congratulations to ed and celinda about the awesome new book. one of the things we talk about in our class, which is the american presidency is the notion in the federalist papers that what did madison fear the most about political parties? they did not want political parties to have a significant impact in the new nation. and specifically, he talks in federalist paper number 10 about factions and i look back to that part of our american history and i'd love to hear from the two of you of are we not now in a situation where factions seem to rule the roost? >> ed, we'll start with you. >> i think we'll start with celinda. >> okay. i think it goes back to a point ed made, you also actually started. because one of the things that -- and i am a liberal democrat, i'm not just a democrat, i

with the context, ayesha hazirika, journalist and former labour adviser, and ron christie, former adviser to george w bushlcome to the programme. rishi sunak has ordered an inquiry into the tax affairs of nadhim zahawi, the man he appointed as chair of the conservative party. the ethics adviser sir laurie magnus, a former investment banker, has been asked to "get to the bottom of everything", following reports mr zahawi was forced to pay a fine and millions of pounds in unpaid taxes to hmrc. it is quite the turn around. on wednesday the prime minister told the commons there was nothing further to investigate. mr speaker, my honourable friend has already addressed this matter in full, and there is nothing more i can add. but there are plenty of questions that remain unanswered. number 10 says, it was only this weekend the prime minister became aware of penalties mr zahawi had paid to the tax office, while serving as chancellor. in that role, mr zahawi was nominally, overseeing the work of the tax office. a complicating factor. integrity and accountability is really important to me, and clearly in this case

i have a final question, but i'm going to turn to ron christie, who is a new member of the deep sea, a veteran of the george w bush white house. he teaches at georgetown and cornell and new york university in new york university. and you're teaching subject. so jump in, steve. thank you very much. and i want to thank congressman delaney wherever he's hiding out somewhere the back for his hospitality and to ed melinda for their awesome new book. one of the things that we talk about in our class, which is the american president, is the notion in, the federalist papers, that what did madison fear the most about political parties. they did not want political parties have a significant impact in the new nation and specifically he talks in federal paper number about factions and i look back to that part of our history and i'd love to hear from the two of you of are we not now in a situation where factions seem to rule the roost and we'll start with you i think we'll start with man okay i think it goes back to a point ed made you actually already started because. one of the things that and am a liberal democrat i'm not j

john, i mean, it's like it's like romney people it's bush people like are, you know, jim jordan not on the board. do you mean he's involved? chris christie is involved. he spoke at a partnership event. it's true. in the book, i asked, i invited i interviewed chris christie. i reminded him that he endorsed trump. he was the first elected official to endorse at a time when the only a big names that endorsed endorsed trump were ted nugent, kid rock and a couple of others. and i asked chris christie. why did he do that? and he said well thought he could win. so thank you. yeah, good question. thank you for this. seems like a very project. you know, it seems to me that we have a fairly long transition period. you know, places like the u.k. prime minister could be in office the day after his party wins an election. and i'm if you feel moving forward, this extended process makes us, you know, more exposed to attempts to disrupt the transition, or if you still, even after the last election cycle, feel it's necessary continuity of governance. so the transition, as you may used to be longer up until 1933, was four months. and in 1933, after the ho