we have enda curran with the details.ck coming out with a note saying the markets are expecting that the central banks will step back on their fight against inflation because of a few jitters in the financial sector is wrongheaded. what did we hear from christine lagarde in the context of initial stability? enda: hold off now, given the big blowoff or do they plow on with a jumbo size rate hike? christine lagarde said inflation remains too high, that is why they pushed ahead with the 50 basis point hike. most people were on board for this move. she made it clear, she tried to delineate between the stories, she said she has all the tools that they need in their toolbox to ensure financial stability. she obviously has confidence in the banking system. interesting, she didn't give any idea of where rates might go from here. some people are thinking maybe the ecb goes on a pause now, despite core inflation remaining high and what is going on in the banking system. it was an interesting decision. it was fullbore on tacking on

enda mcclafferty, thank you very much indeed forjoining us.er the company behind �*tiktok�* spied on us citizens. it's the latest development in a week of headlines involving the chinese—owned social media app. the biden administration has said it wants to see tik tok�*s owners sell—off the popular app. and on thursday, the uk government moved to ban tiktok from government phones and mobile devices. meanwhile, the global banking sector remains on edge, one—week—on from the collapse of silicon valley bank. for more on both of those issues, i spoke earlier to our north america business reporter samira hussain. why is the usjustice department investigating? tiktok? this is an investigation that has been going on for about a year now, but it seems to have ramped up when there was an admission in december by bytedance, which is the owner of tiktok, that says, well, actually there was some spying by some individuals and against some technology reporters in the united states and even some us citizens as well. and that admission has really sort of upp

enda: that clearly are in a tricky moment in terms of trying to keep the narrative down. he came out yesterday and basically said there has not yet been a decision taken on how much they will raise interest rates when they meet next week. could be 25, could be 50. he stressed there are some important data sets, of course the all-important employment on friday. it also left an impression that it is an open-ended meeting, it could go by 25 or 50. he made it clear that interest rates continue to go up. think you left an impression that they will end up higher than americans are anticipating. he's trying to manage the message and keep a grip on it but clearly the jobs information data will affect what the fed will do. dani: they're kind of painting the fed into a corner for their next meeting. and of the big questions is whether we will have a new fed vice chair. what more do we know about the timing if she does end up joining as vice chair? enda: she's a very accomplished professional, our colleagues in washington are reporting come she's going through the rounds of the inte

enda curran joins us in hong kong on this.us through the details of what we know. >> this would be an executive order. some reports that the administration is looking for funding from congress to get this through. they will target u.s. investment in sensitive national security related areas, maybe u.s. investment in ai-driven companies or the code breaking technology space in china. this is all about a continuation of a theme of the u.s. administration cracking down on transfer of funding to areas that create dual use technology, both civilian and military. and cracking down on money flows going to national security-sensitive parts of china's manufacturing chain. as the latest example of the u.s. trying to turn the screw on that kind of investment heading to china. dani: what sort of reaction could we get from china? >> we have had messaging from the npc already with the people's congress underway. president xi jinping today with remarks about how china will double down on its manufacturing ambitions. he made the point that th

. >> water needs to be at the center of the political enda. all humanity depends in some way on charting a new science-based course to bring water action agenda to lie. amy: and we will remember human rights activist and lawyer randall robinson. he has died at the age of 81. you played a critical role in the anti-apartheid movement in the united states and was a prominent critic of u.s. policy in 80. in 2004, he helped expose the u.s. role in the coup that ousted haitian president jean-bertrand aristide. >> the problem is with our democracy. it wasn't with theirs. we feel a divine right can go in and overthrow governments willy-nilly when they're living under leadership of their own clear choice. amy: all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. in israel, hundreds of thousands of people poured into the streets over the weekend as the country's political crisis reached new heights. on sunday, prime minister benjamin netanyahu fired defense minister yoav gallant one day af

biden sa in the federal governmenrst forl plus years on the senate salary of$1 around $150,000 a year endatial salary of approximately 200 30,000 a year. as a federal investigation 200 biden's business dealings continues for a fifth year, thursday american first legal revealed the obama administration had concerns about hunter's appointment to the board ofrain ukraine energyb company burismura for this nigh having seebor explains in the ol sector. hicls salary foras the board seh more - than $80000 a month, abot $1 million a year peters also learned during joe biden's time as vice president, his office coordinate directly with hunter for immediate request. join me now the former white a ndhouse senior adviser and prest of american first legal, steve n miller. steven it'ens good to see you ts morning thanks much for being rehere. >> thank you>>. >> what are you planning on doing this in america first legal?d ex >> as you mentioned we have b already had explosive revelation the first batch of documents that we obtained as a result ofe our lawsuit against the national archives. we have seen i

i don't believe so because his a . enda country?onald trump was something that people really wanted because they saw their roads and bridges needing to get assistance to be brought up to standard. and if the governor, particularly with what happened during hurricane ian into getting a bridge to santa bow island constructed in three days on the federal government said it couldn't be done, that is one of his staples that i can get it done. i don't think he will alienate his base committing may think you will attract people, but one of the things that you mentioned that he neglected to mention in his speech is the ability for him to stay in office and run. you will see during this legislative session moving i flipped forward to remain in office to run, because our elected officials cannot remain in office and run for another seat while they are in that position. they will have to resign to run, so they will remove that or try to remove that and you will see the democrats really pushing back on that, calling him a hypocrite, saying why

it was escalated to the chair and ranking member of enda became a very serious discussion very quickly this committee has responsibilities that are different from any other committee in congress. you are entrusted with the oversight of classified matters and the american people have to question your job. different branches of government played out in the changes that led to the surveillance act and it was an intense time but we got through it and we are better is a country for it. i would encourage it to be serious in your work. insist on your responsibilities under the constitution as a separate branch of government. thank thank you for that. i appreciate. general petraeus. >> it goes both ways. we worked very very hard to meet our responsibilities. for example i met every single month with a big four of the house and the senate also obviously a lot with the big four are of the. beyond that and almost informal sessions we would do close sessions and just have back-and-forth and it was will everyone make themselves available? we worked very hard to meet the requirement that we imposed

enda curran out of hong kong. to enter this point, there is a contradiction there.ut at the same time, you are a company in china and have to put out a press release saying we lost our chief executive into not know where he is. tom: this is the conundrum. i go back to what was revoked 20 plus years ago joint venture. how can western companies, the executives rubric speaks to each day, to any form of joint venture given that backdrop? lisa a: what is the incentivize asian to bring in some id -- incentivization to bring in investors to a formation? jonathan: you have to give up your head and misted lifestyle. coming back from a full lifestyle of not sleeping. jonathan: futures positive. this is bloomberg. advancing flight for future generations. ♪ welcome to a new era of flight. >> we are certainly beholden to the data at this point. >> we are in unprecedented times in terms of volatility. >> we are stuck in this rain when the market continues to grind sideways between all of these levels of resistance and support. bikes i see evidence of resistance often everywhere e

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in the current -- enda curran is our chief agent.e have to get from eight down to six and back on. over the weekend, did our bloomberg team discover that once again they are bailing out the property sector? >> there was some messaging in there about extra support for the property sector. the big takeaway was the 5% growth target. disappointing because most came in around the 5.5% area. there seems to be some managing of expectations by beijing. tom: so important here, in all of your work, can we parse half a percentage point of guesstimate on china gdp? i would suggest that is foolish. >> yeah. i think the way a lot of people look at this is five percent is going to be a floor for china's economy. it's a target they should hit easily, because of post-covid zero consumer sentiments. 5% should be easy to hit. the second half of the year might be harder. that is where the governor will kick in with spending. whether or not it goes beyond 5%, 5.5 or higher, that is where you get into an academic debate about what the net contribution wil

we've got more to come, including the latest from the home secretary visit to enda first.s have a look at the weather forecast for today . the weather forecast for today. hello there. good morning to you . i'm jonathan vautrey here for your latest weather update from the met office pretty much all of us are getting off to a fine and dry start to sunday and that is all thanks to a of high is all thanks to a ridge of high pressure is building in pressure that is building in across and helping across the uk and helping to settle things do need settle things down. we do need to out for these frontal to watch out for these frontal systems that will gradually push into the later on in the into the west later on in the day. for at least, there day. but for now at least, there is a good amount sunny is a good amount of sunny intervals to start off the morning. cloud just morning. some cloud just lingering across northumberland, yorkshire, east, the eastern coastal . and are coastal areas. and there are a few light showers for the far south—east far north—east south—east in the far