g. network good morning joint monica it's very unlikely that the german government singles out one single company it's more likely that lawmakers here will formulate very strict security requirements that all of the providers for the 5 g. networks will have to follow and that will likely include a comprehensive documentation of companies about any relations they have with foreign governments also i can tell you several german telecoms already have announced that they will not work with who are way when it comes to the core of the future 5 g. networks which doesn't mean that who are always completely out of business there's still plenty of norm core technology that the chinese company company will be able to provide but still i mean beijing doesn't seem to be too pleased about the the prospect of away not being part of the 5 g. network as it's been rolled out what kind of retaliation is beijing talking about. well monica you mentioned that the ambassador has talked about the car industry and the huge role that the chinese market is playing for our german carmakers what the ambassador faile

g, suspended withdrawals last week. according to the fund transaction network calastone, £61 million was withdrawn on thursday and £36 million on friday. fiona cincotta, who's a senior market analyst at city index, joins me now. goodthat m&g is experiencing, the fact it has frozen withdrawals has sparked, would we argue a knee—jerk reaction or is this a smart move on the part of investors? i think this is a knee—jerk reaction, a bit of a panic. if we look back to november 2016 just after the brexit referendum, there was a similar panic and fear in the markets and people are not going to get hold of their money, they will lose their money, the properties will sink so there is that panic and fear, and thenit there is that panic and fear, and then it becomes a self—fulfilling prophecy, really, that we might actually see a similar document and looking at m&g itself, within its property portfolio, it has quite a lot of retail property and that is where the issue is, that is where the weak point is. completely. it has a high concentration of retail commercial property exposure. which actually makes it particularly vulnerable at this time with obviously brexit, political uncertainties as well. this is combining together

good to have you here. a reminder to bloomberg users. you can interact with the charts you have seen on the network. it is g tv .toronto and new york, this is bloomberg. ♪ >> i am mark crumpton with bloomberg first word news. the house of representatives is debating and will vote today on two impeachment articles accusing president trump of abusing his power and obstructing congress' investigation of his actions toward ukraine. opening the ukraine -- opening the debate, nancy pelosi called him an ongoing threat to our national security. founder'sdly our vision of a republic is under threat from actions of the white house. that is why, today, as speaker of the house i solemnly and sadly open the debate on the impeachment of the president of the united states. if we do not act now, we would be derelict in our duty. reckless actions make impeachment necessary. he gave us no choice. >> the chairman of the house judiciary committee, jerrold nadler, said trump rochus oath of office and they cannot wait for the 2020 election. says theepublican president did nothing wrong

g-7 last year. the president wants one issue on the agenda. particularly over international fighting networks. >> max foster, thank you so much. good to see you, as always, president trump has been a disrupter of nato, since taking office as he promised he would be. you have said that president trump was a wakeup call for a complacent alliance. do you ever think he's gone too far? >> i think president trump's leadership of the nato alliance has been effective. if you look at defense spending among all nato partners. they have increased spending over the past three years. and even nato has been effusive in his praise actually of president trump's leadership of the nato alliance. i say you really have to look at the big picture here. are more u.s. troops on the ground than under president obama. you have a far bigger presence on eastern europe, and i think president trump's pressure certainly has increased the willingness of nato allies too spend more on defense. a lot more needs to be done on that front. but we are making progress, i would argue that trump's no nonsense approach has been overall pretty effective in raising the level