and the fact that it's coming so close to the congress party congress where he expected to cement his status as the most powerful chinese leader . since massey don't really speaks volumes about the importance of the shanghai corporation organization to china. and you only need to look at it in numbers to get a sense of why that is. we're talking about a block, which accounts for a population of 3200000000 people and nearly a quarter of global g. d, p in 2021. and that stature is expected to expand and sam, a can reporter saying that 6 new countries will be given the status of dialogue partners, including qatar, saudi arabia and egypt. so at a time when beijing is facing increasing pushback and opposition of a range of issues from western countries, the strengthening of this alliance is seen as crucial for china encountering that global balance of power. and all eyes will be on a possible meeting between present she and president vladimir putin on the sidelines of the seo ukraine. and taiwan are likely to be the focus of their talks . and remember, this is the 1st time the 2 leaders ar

know who is responsible for doing what and government, if you don't know which party controls congress or one house of congress, if you don't know which party is in the white house it will be more difficult for you to say i don't like this and i want to vote to change this because you don't know who was in charge. if you are not paying enough attention to elections to understand that the party who moves into power does have some prerogatives that will increase the likelihood that they will get what they want from the system when you have a president of the same party and you have a house and senate of that same party. we want people to understand the foundation so they are not swayed by a lot of ads by individuals and may vote the opposite way that they would vote if they were fully informed. my concern about an uninformed electorate is that our votes translate to a governance that we thought we would get based on our understanding of where they stood on issues and where they sit within the power arrangement which determines if they can get something done. host: you said having civic issues helps increase civi

party congress. it's rare for the secretary-general to go outside which should be a leadership transition at the party congressems to be well. he was seen to be attending an exhibit hailing successes of china. haidi: morgan stanley is the latest big bang to predict china will likely ease covid zero restrictions by next year. it's interesting because there are not a lot of analysts willing to cristobal gaze into what they might do after the congress. reporter: it's always a difficult thing to predict. if the national people's congress in march where they act on the legislative basis on directives that come from the party congress. predicting when covid zero might be relaxed is very difficult. morgan stanley is the latest to earmark the spring of next year as a likely time that covid restrictions would be relaxed. goldman sachs said china will not begin reopening until the second quarter of next year. we have to get these -- through these events and then maybe because of necessity and slowing exports, slowing property markets could necessitate in easing and morgan stanley says the covid zero policy pressure will

for example if you do not know which party controls congress or one house of congress pretty if you do not know which party is in the white house has a representative in the white house, it's going to be more difficult for you to say i don't like this. i want to vote to change it because you do not know who was in charge and if you're not paying enough attention to elections to understand the you want people to understand. may vote the exact opposite a concern trying to increase a formed electric is not only that we have informed voting boats are translated based on the understanding of where theyth understand on issues and where they sit within the power arrangement that ultimately determines whether they are likely to get something done. >> you said earlier having civics issues in the news helped increase civics and knowledge hearing about it supreme court was in the news a lot this is from the survey from determining whether an act by the president is constitutional the supreme court disagreed. the president, congress or the court less than half of americans just 46% correctly said

is synonymous with most of the republican party, his fate and image is bound up in many congressional sitting members of congress and aspiring members of congress in his party who is tightly enbraced him. part of what the justice department is wrestling is does this apply to this investigation and the mar-a-lago documents investigation and if it does, how far does it extend? does it extend to things the government might prefer to keep behind closed doors or but might become public anyway because someone who receives a subpoena are free to tell the public about it or the lawyers are. hanging over all of this is the great desire not to give ammunition to trump and his allies to accuse them of politicization. this practice that jim comby famously violated in 2016 and many liberals are upset about is of great interest because that deadline is the end of this week. >> i want to play some of what trump said over the weekend in pennsylvania. it appears he's taking grievances from true social out on the road, online. >> they talk about documents not being properly stored yet they go in and take documents, dump them on the floor, stage a photo shoot and

congress begins. uh, wild party, china's 20th anniversary and when i wished the chairman of all the chinese people's congressepresentatives. uh, the re-election of the general orem, comrade sinteplenia, he smiled, and then said, because i am sure that the further long-term cooperation between russian president vladimir putin and the traitor of the prc and the secretary general of the ccp sindipinha is a guarantee of real multipolarity and real stability in the world in our chinese comrades heard and that's it. thanks you big. how will this day be remembered in history? let's talk right now. hello on september 14, 1812, the french entered moscow, but this did not become a triumph for napoleon, he was met empty, the city, people left kutuzov’s army without waiting for the delegation of muscovites with the keys to the city. bonaparte was furious three times sent alexander the first proposal for peace and three times. i did not receive an answer for more than a month, the french occupied moscow , looted, got drunk, robbed and ruined, perhaps because of their excesses, a terrible the fire, by the way, burned the

party congress. the opening date of the congress has become earlier, starting from october 16. of market expectation early in november. whilst this party congress is over, perhaps china will contemplate how to ease out this very restricted covid zero policy. in most parts of the country, it has been fairly free. once one region was affected, then we still see draconian policies such as lockdowns and things like that. indeed, such activities will definitely dampen china's economic recovery in q3. the lockdown in chengdu, fairly large. 25 million people. the recovery is expected this year. paul: i want to get your thoughts on the property sector as well as. do you feel like all the bad news is out of the way yet or are there a few more cockroaches lurking behind the fridge? liu: at least the government has become quite alert on this property market slump. for now, we see more supportive policies, for example, certain developers can issue bonds with government guarantees so the bond yield was quite low relative to market levels. we think perhaps we need to watch whether this curren

party congress? christopher: it is hard to imagine the new slow turning more negative from here. the hopes are pinned on the party congressa lot of people are still focused on the property sector. even if the damage is contained here, i think that seems likely and i would say that with my fingers crossed. the property sector has been a real driver of chinese growth over the past several years and that is not going to be there until the government not only stabilizes losses but injects more capital into that part of the economy so i think we are concerned that the headwinds will remain or at least they will not have the tailwinds to deliver acceleration growth from here. maybe a little too soon for china. shery: after the party congress in china, we have the u.s. midterm elections for what sort of geopolitical tensions -- are you factoring into the markets as we head toward the end of the year? christopher: for all the drama in u.s. political elections, i'm not sure the markets can expect much change the matter what happens in the midterm elections, even if both houses tilt republican, they will not be able to unwind much

the upcoming party congress may be conjured and to a kind of policy paralysis where the big political decision necessary to embark on this bailout is impossible ead of this party congressyou still have jockeying for the key positions and key new slate of leaders in october. we may have to wait until after october before the government can take more decisive action to rescue the market. laura: if there was to be a property slump in china, how would you expect it could affect the rest of the world? gabriel: the chinese property sector is a major source of demand for all kinds of commodities, especially iron or and copper and aluminum -- iron ore and copper and aluminum. we are seeing big markets in places like malaysia and chile and australia starting to feel the chill from thearket. we are also seeing developed markets that sell machinery to china, machinery that powers the construction sector, so companies like germany and japan are also suffering. businesses there are watching osely to see whether this long-awaited bailout is going to come, or if this paralysis i mentioned will prevent them from doing anything more than incremental measures. laura: thank you so much f

party congress. what can we see in terms of market movements in china around the national party congress? is kind of hitting the nail on the head. we are seeing china will probably want to keep pretty much a stable market, therefore they will want to avoid sharp depreciation of the currency, so i expect fixing, perhaps intervention. and at the same time, there could be potential support for the equity market as you alluded to, as well as the bond market. what we will see is probably the national team coming into play for the markets around the congress. again, great to see pressure intensifying as we approach the congress. i think expressing to stash expecting to see a sense of stability. china's process growing whichever way you look at it. it will be much weaker than the initial expectation of the forecast at 5.5% what we are looking at 2.9% this year and hide that weakness in the economy, even with the progress coming up. shery: we are also seeing some developing economies now stopping their tightening cycles. we heard from hungary, giving an indication that they are done in wrapping up

hakeem jeffries emerge as the first lack of man to lead a political party in congress -- black man to lead a political party in congressadam schiff also has national name recognition and is holding meetings. host: and on the republican side, the headline in the wall street journal is kevin mccarthy fought back to power. right he is closer than ever to becoming speaker. the path he is taking is risky. why risky? guest: kevin mccarthy tied in 2015 and has since set his sights on unifying people who did not like him. jim jordan is now an ally. he has tried hard to unite all the wings of the republican party. he wants to leave. he has tried to make friends with everyone and tried to push them under a spending bill or some sort of must pass legislation. it gets difficult when you have tried to bring people together in a republican conference that is not necessarily unified the republican congress does not like increasing spending. it is going to be hard for many republican to deal with joe biden. we going to see a kevin mccarthy who does not have a relationship with joe biden if he becomes a speaker, but i asked two dozen r

party a congress you're taking place. so and onto under what will be happening up is the 3rd party congress. we don't know it because she didn't. but lansing is very clear, she didn't been constantly taking it as a chippy as power. that's like it made to keep it yours. it is all use i any kind of major to continue crack dawn and there because know he wanted chip it to the position so that slight recall internationally should be take concrete action not delayed and they should not be given more a more space on the chinese government continue and the in the are to city and the kids are good people. it wasn't the depth of the report also, although china, but then i, we got genocide and the sprint misinformation and yet, so that's why we, we maybe call the what it is a time to take action. good. talk to so many thanks to you for being with us. store carissa them. who's in prague. thank we are fast approaching the midway point in this. these are still to come with the program. the capital of the us state of mississippi goes with up, say, flying rules for a 4th day after a treatment plan to failed

know who is responsible for doing what and government, if you don't know which party controls congress or one house of congress you don't know which party is in the white house it will be more difficult for you to say i don't like this and i want to vote to change this because you don't know who was in charge. if you are not paying enough attention to elections to understand that the party who moves into power does have some prerogatives that will increase the likelihood that they will get what they want from the system when you have a president of the same party and you have a house and senate of that same party. we want people to understand the foundation so they are not swayed by a lot of ads by individuals and may vote the opposite way that they would vote if they were fully informed. my concern about an uninformed electorate is that our votes translate to a governance that we thought we would get based on our understanding of where they stood on issues and where they sit within the power arrangement which determines if they can get something done. host: you said having civic issues helps increase civic kn

formalists in china and uh, on october 16, the congress of the uh chinese communist party 20th anniversary and when i wished the chairmen of all chinese people's congressction of the general orem, comrade synteplenia, he smiled, and then said, because i am sure that further long-term cooperation is presiding. and russia vladimir putin and

party congress that starts october 16. it is extremely rare for the head of china to head outside china so close to the party congress. sewed up. he is today going to meet with vladimir putin and vladimir putin, you can't say there is any victory lap on the war in ukraine right now. he is been dealt a number of battlefield defeats of late and the fear is that putin will directly ask when they meet today for military support to counter losses on the battlefield. that is a high-stakes gamble for xi jinping, because they have been delicately balancing their very vocal support diplomatically for russia while at the same time not going so far as supporting the war in ukraine. headlines we get out of uzbekistan today in the meeting between xi and putin, it will be interesting to see which tack xi takes. haidi: chief north asia correspondent stephen engle. let's look at the fx space. very far from the 145 leveled we were watching yesterday. this after verbal intervention the currency chief as well amid reports of rates checks conducted by the boj, seen perhaps as a prelude to intervention. we are seeing the yen holding prett

when ron desantis was in congress and you guys were in congress, when he was a tea party freshman, whened the exact same tragedy, i mean, literally the subways in new york were flooded, people could have drowned in the subway, when ron desantis had the opportunity to make that decision and say, well, should the people of new york and new jersey who were hit by a catastrophic hurricane, they weren't even used to, he said no. that shouldn't happen. he, marco rubio, and other tea party members of senate and house, said they shouldn't have that money. it's too expensive. now, as you said, he's now got to go hat in hand to joe biden for aid. it's something he didn't even believe it as a tea partier. >> he's about to have to justify something that is antithetical to his entire story as a conservative republican, anti-washington, that people should absorb their own riv and people should take care of their own lives. in a time of tragedy, people need help. and where ron desantis is a no government conservative, he's about to become a big government republican. at the same time that ron desantis

important that former members of congress, current members of congress, current members of congress speak out. and i want to thank congress recommend for putting country over partyevidence on this? a lot of people are surprised by how he was treated by the president and how they collect —— how close he came that day, mike pentz has refused to give evidence. let's remind ourselves what the secret service was going through that day. this was a video played at an earlier hearing. denver, what could vice president mike pentz offer at this stage if you gave evidence? he mike pentz offer at this stage if you gave evidence?— mike pentz offer at this stage if you gave evidence? he could offer what was happening _ you gave evidence? he could offer what was happening around - you gave evidence? he could offer what was happening around him. i you gave evidence? he could offer. what was happening around him. we heard _ what was happening around him. we heard about — what was happening around him. we heard about that _ what was happening around him. we heard about that with _ what was happening around him. we heard about that with mark- what was happening around him. we hear

congress. congress does have history. it has been a while but 1991 congress acted to shut down the national rail strike less than a day after it began. they want to let the partiestheir options and continue to negotiate. but if we get into friday, this could be a different looking story. jon: all of the players in the industry have to take measures to get ready for that. we will be receiving or headlines on how they might try to control inventory. on the subject of a possible emergency decree by the white house, where is that line at which they say they have to go further to try and show this is an issue that is so challenging for the economy, the worries over supply chain, etc.? joe: it is hard to tell where that is. we have asked repeatedly to the white house, the press secretary -- it came up today on air force one. this is a big deal. i think once we start moving into friday you will start hearing more. but the white house has tried to allow the parties to continue their talks and let marty walsh and pete buttigieg steer them out of the more difficult areas. it is not lost on the white house how brutal this would be to the economy, and specifically, supply c

party? >> we have had a pretty great track record that we have candidates up and down on the municipall level and in congress. let's just take congress for example. in texas, this is the south not just coastal elite so in the dallas area or the austin area they ran progressive candidacies and were unapologetic about the issues they built broad coalitions and they want in their primaries. another person in pittsburgh a working class town a stalwart progressive who built the coalition that included union workers and activists and many others and jamie mcleod skinner and oregon this is a rural district where he challenged a longtime incumbent that as a democrat aligned with the pharmaceutical companies and defined his own unjustified his own president as they were trying to negotiate for the federal government to negotiate then he got in the waygo of that so then he defeated this longtime incumbent running in a competitive district so what combines all of these candidates isan the fact their issues are pro- human the naval side with the workers if there's a fight between pharmaceutical companies the naval side with them state and nation

president tends to lose, the president because my party tends to lose votes and seats in congress —— the president's party tends to lose votes and seats in congresses and seats in congress. for a president wanting to get legislation through, which has been incredibly difficult so far, it comes to a grinding halt if his party loses control of congress, which is very slim already as we know. . ., ., , , know. hence the need for a very big seech, a know. hence the need for a very big speech. a bold _ know. hence the need for a very big speech, a bold speech, _ know. hence the need for a very big speech, a bold speech, anything - know. hence the need for a very big l speech, a bold speech, anything less than that would have been wrong at this time, i'm sure his advisers were telling him. what has we action been from the maga republicans, those republicans who see themselves very much in the mould of donald trump —— what has the reaction been? the maga republicans were speaking and have already spoken, they called it a very divisive speech would they say is attacking millions of republican voters who voted for donald trump who believe in the basic ide

now we expect that a new congress of the communist party of china will be held in october, at which we already know this traditionally from the soviet union. after the congressesere may be changes in the policy of the communist countries, including in foreign policy. what do you think? and these changes are possible in china, they can somehow affect our war, the russian federation against ukraine, it does not seem that the main factor that can affect putin's position is the factor of western countries, the factor of nato countries, despite the fact that china is considered at least as an ideological ally of russia. under no circumstances will he risk an absolutely losing situation, understanding that the solution will very simply and quickly put the chinese economy in its place, because we understand very well that if two-thirds of chinese exports go to europe and america, then any economic sanctions against a catastrophe, an economic catastrophe. therefore, further talk about general support for russia, china will definitely not go, but who can really influence putin's position, it is the united states of america great britain, maybe france, these are the nuc

congress meeting close to communist party reach as should. in fact, the change political system reach. diana, china said in previous 40 yes and disease congress will be very, very political. the point that one china, that's why i try, especially this be to try to keep a low profile. also i should then just concrete between q to use punch. it also has some clarity on that subject, belong to get a partial culture and get a good belong to that great culture. and we know is it the collections in different areas? because a person speaking and speaking, people come to know many center us and it's will continue seeing it's will not stop . we were going to pretend that will stop as always contact richard junior. if you're a center, but what we can do for sure, no, maybe to pair to final. it is a new one, but ok, but i meant to stop firing. and 2nd it to create some kind of meet your risk. possibly russia and the whole was that with some changes but to the patient. and this commission can to, to salt, very specific, almost individual complex and be 3 and also currently between small business as richer crippin area, almost 7 bras. i'm trying to draw so

parties. but here's the difference. democrats in the congress support openness and accountability. republicans in congress. i hope they will come around. they should follow the lead of republican governors and state legislators in tennessee and wyoming that have passed disclosure laws. let's remember getting dark money out of our politics has been a bipartisan issue in the past. my deceased friend john mccain spent a lot of time fight for campaign finance reform. for him it was a matter of fundamental fairness. he was 100% right about that. it comes down to public trust. dark money erodes public trust. we need to protect public trust and i'm determined to do that. so i want to thank you all very much and hope that the senate will act on this in a favorable way so i can sign that into law. thank you. >> on the border, why is the border more overwhelmed under your watch? >> because there are three countries that are never -- there are fewer immigrants coming from central america and from mexico. this is a totally different circumstance. what's on my watch now is venezuela, cuba and nicaragua and the ability

now he had good friends and allies in congress, but he was not generally liked by members of congress. the conservative wing of the republican partywho thought he was too much of a progressive. well, as he progresses in the republican party, the so-called rhinos of the day of la follette and norris of nebraska and, they were called by one of the conservative senators, sons of the wild --, because they were so cantankerous and not club able. they work in harmony and they held the kind of, the balance of power in the senate and. many of them hated hoover, whom they thought was of insufficient progressive. and one historian once said of hoover that he was too progressive for the concern over this and too conservative for the radicals. so he kind of fell in between. so i think trump ford was did come to be disliked the way that hoover came to be disliked. trump rather run. ford did not have the same weight to bear in personal terms. hoover it was personalized for hoover, you know, there were in this country, some of you have heard these are unemployed people, living in shantytowns on, the edge of cities. the other the armadillo. the a

party congress, the policy would tend to stabilize things. we should be expecting measures that will be curbing economic recovery as well as very cautious balances for fixing. after the party congressme of the most extreme measures at that stage. cracks can you tell us more about the expectations of covid zero and what the removal of these measures might be? and how they may be able to encourage demand within the economy? >> i think it is being more and more realized domestically. the vast majority of the population is not ready. the vast majority of the population has never been contacted by covid. even if the authority is looking to partially relax the measures, they would have to do it very slowly. after the party congress, they are only looking for the removal of the extra measures. sometimes you will be subject to some quarantine requirements. cracks do you expect that some of that positive upside might come back into corporate bonds? >> over the last few months, we have seen ongoing outflows from the market. we are seeing tolerates appreciably higher. the outflow has been moderated quite substantially. also occasioned by other anecdotal evidence, i have seen more public-secto

congress in the white house working together both president, nixon and president ford were working with majorities in both houses of the opposite party president carter his he was working with the congress of the same party but in any but in every case, there was just enormous bipartisan support for environmental action, which i think reflects a couple of things several things. the first was the demand by the public for action, which was really kicked off by earth day 20 million people around the country participated in earth day activities. that's like one out of every 10 in americans population in the united states at the time was about 200 million one out of 10 people participated in an earth day activity. another thing is i think it's important to note that. both the president and the congress they were seeking solutions to the problem and not just seeking issues that they could use to run on for any length of time and kind of beat each other up. you know, this one's not doing enough. that one's not doing enough. they wanted solutions. they weren't looking to perpetuate issues. and i think that was hugely important to the success of the 70s particularly at a time in the country was divided over so many other things just because one party disagree with the president on important and important issue like say vietnam didn't mean they were going to vote against every single thing that that president wanted to do. in fact, they work together in a very very strong way and that i think is is so important these bills when they were sent to the president. both sides both the republicans and the democrats were willing to reach across the aisle work together and find a solution that both sides could accept and and vote for too often. that is not always the case, but it was certainly t

talking about the impact of the renminbi and pboc with the party congress, i think these lockdowns are tied to the upcoming political congressment. local government officials do not want to make a mistake, so they will go the extra mile. they do not want this outbreak of just 900 cases in chengdu over the last 10 days to go much worse. so, they are going full on and this is a full on lockdown. none of the party officials want to be blamed ahead of the party congress where party officials are jockeying for position. that is where we stand. the economic impact is going to have to play out over the coming months as this is home to automakers like toyota, vw and volvo and also, parts suppliers including in the tech industry. precision has a factory there. we will have to see whether there is going to be factory or manufacturing exemptions to allow closed-loop bubbles. but that is what you take time. the key take away here is, how long is this going to last? will it be shanghai-like or shenzhen-like? that lasted a week. kathleen: for the hong kong -- for hong kong, there is a quarantine scheme for arrivals. we know businesses are

party congress are going to start to return to normal in a fairly significant way. so before when they opened and conditions were normal, their box office came back quite strongly i think after the party congress we're going to see that again. >> that's interesting. we're certainly looking forward to a great holiday as you say, there are some major titles coming to market, rich. have a great long weekend. we'll talk soon. >> so i've got to leave you with this one, carl we're re-releasing "jaws" this weekend for the first time ever in imax. people think it's in response to the sharks on the beach, that we want a bigger shark. but it isn't that. it looks fantastic in imax. >> look, i work for universal and i should have mentioned that at the top of the segment, rich. we'll see you later. >> take care, carl have a great week. >>> it's being called a goldilocks jobs number investors were treating it that way before this reversal midday. we'll talk about how the august report might impact the fed and the market after a break ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovat

party congress in just one month, on domestic issues. it is extremely rare for a head of state of china to leave china so close to a party congress. ntry willing to engage with moscow, buying russian oil left of the invasion of ukraine. what are we expecting for prime minister modi's meeting with putin today? stephen: the modi dynamic is one of the more interesting at the shanghai cooperation organization summit. it is a group set up in 1996 the counter the u.s.-dominated global world order. india's part of that. india has threaded the needle between superpowers, playing both sides. it is a delicate balancing act for narendra modi. he needs russian oil and military hardware but at the same time, he is part of the quad security arrangement, india is part of the quad security arrangement with the united states, india and japan and australia and hasn't criticized india for being close to russia because they want india on the allies' side when it comes to china. india and china had a border dispute as recently as 2020. there is tension between beijing and india. it is a fascinating dynamic ident will be interesting to see what comes of

congress in november. polls showed that the democratic party, the biden administration, is not very popular. so it appears the democrats are trying to rush this through before they lose control of congress. but it's really important to know that the united states is constantly boasting about being a democracy. it is constantly putting down other countries alleging that they are not democratic enough somehow. but yet in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between. ready what u. s. officials are doing and what the american people want. european union has drafted upon the for an 8th package of sanctions against russia, promising punishing measures that will bind the mobilization and putting a threat to use nuclear weapons. a full the steps on the escalation pathway determined to make the kremlin pay for this further escalation. so today, we together proposing a new package of fighting sanctions against russia, with a new sanctions list will include restrictions such as a ban on the imports of several russian steel products, as well as the limiting of access to some european services. th

congress in november. polls showed that the democratic party, the biden administration, is not very popular. so it appears the democrats are trying to rush this through before they lose control of congress. but it's really important to know that the united states is costly boasting about being a democracy. it is constantly putting down other countries alleging that they are not democratic enough somehow. but yet, in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between what u. s. officials are doing and what the american people want. americans, vice president kamala harris accuses china of committing provocations around time. when i'm calling for t p. u. s. ties with the island. china has flexed. it's military and economic might to coerce and intimidate its neighbors. and we have witnessed disturbing behavior in the east china sea and in the south china sea. and most recently, provocations across the taiwan strait. tensions of a tie, one increased as he was house, he can. nancy pelosi visited the island last month. china called the move of provocation and responded with military drills around

weeks away from the party congress, is it right to assume that covid zero is going to continue, we heard from analysts saying they don't think covid zero is going to ease after the congress. rishaad: it doesn't mean zero, >> it means containing it. when you get a flare up like this in chengdu, where they now have more than 1000 cases of in the last 11 days, that is a fairly large outbreak. beijing has had flareups, they have not had a long down -- a lockdown. if you understand the way things work in china, local government officials do not want to be blamed for having a massive outbreak. especially ahead of the party congress, and blame to be distributed and harshly. these officials are going to take no chances of getting blamed when they touch their potential ascension in the party is up for debate right now. i would assume they are going to go hard and contain this as quickly as possible, so they don't get blamed for the resulting economic damage. yvonne: our chief asian correspondent, also want to thank our china economists on what the economic impact may be. in terms of markets here today, not too bad, not compared to yesterday. rishaad: let's check in with the first

united states congress and he hopes that the big defeat of biden in ukraine will mean the coming more like some kind of republican foam and not a real republican party eh to power in the congress, but one of these three explanations is possible. to be honest, i'm more inclined to probably eh, probably to the last one. maybe he still somehow and maybe and maybe and maybe and the chinese have some kind of role. although yesterday i spoke with a person who knows chinese realities very well, he himself was right. by the way, in italy, the victory of the brothers of italy is expected, and georgia melody is most likely guaranteed to become the prime minister. is that too there is no such thing alarm bell, will she remain true to those promises to her pre-election campaign that support for ukraine will not weaken, you know, i went through such a stage when i was in austria, according to the words, there was also a right , such a right, a coalition of right-wing centrists and right-wing radicals to power here, it is very important to see who will be appointed as the minister of foreign affairs, if he will be from the centrist wing from the brothers in italy, it will be fine in princip

congress in november. polls showed that the democratic party, the biden administration, is not very popular. so it appears the democrats are trying to rush this through before they lose control of congress. but it's really important to know that the united states is costly boasting about being a democracy, is constantly putting down other countries alleging that they are not democratic enough somehow. but yet, in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between what u. s. officials are doing and what the american people want. ah, and over to asia now, where china has lost out of the us calling it's a quote, disruptor of international rules. us over washington's interference, and it's high one straight. you good to go to one. china principal is the prevailing consensus in the international community and the basic norm and international relations. speaking of rules, keeping one's commitment is the most basic rule. if the u. s. cannot even keep its own word. how is it in a position to talk about rules and order a country like that can only become a disruptor of international rules? without f

congress in november. polls show that the democratic party, the biden administration, is not very popular. so it appears the democrats are trying to rush this through before they lose control of congress. but it's really important to know that the united states is constantly boasting about being a democracy. it is constantly putting down other countries alleging that they are not democratic enough somehow. but yet, in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there is a very big gap between what us officials are doing and what the american people want. our terminal position neither free from s has been forced to apologize after he accused cranium refugees of being well faith to us saying that they were simply taking advantage of the germans states social benefit system. those comments, fact outraged in the national parliament, the chatter about social tourism is destroying the social cohesion that we have had so far and supporting ukraine and welcoming refugees. anyone who says something like that has 0 sense of responsibility and empathy. how does it actually fit in with the much vaunted solidarity of the uni