kong sar government, and to drive the prc central government away from hong kong, which is part of hong kongre are political forces in hong kong which, for many years, denied that hong kong is part of china. they want to return hong kong back to the british, which is impossible. they want to return hong kong to the americans. they wave american flags in the streets of hong kong. they try to raise the tensions between china and the united states, and there are forces in the united states which fuel these frenzies, so... all right, victor gao. .. ..let�*s call a spade a spade. ..we�*re almost out of time. you've lived through many different eras in your life in china. do you really believe that the chinese communist party's way of ruling right now... people around the world see it as deeply repressive, systematically repressive, is that sustainable for another 100 years? truly, i believe it will be for another 100 years and longer. why? because if there is any political party anywhere in the world, if there is any political party in britain which has made as much solid record to improve the li

hong kong. have they said much about— people in hong kong. have they said much about this _ people in hongpeople in hong kong. have they said much about this or do _ people in hong kong. have they said much about this or do they _ people in hong kong. have they said much about this or do they prefer . people in hong kong. have they said much about this or do they prefer to | much about this or do they prefer to distance themselves by what is happening in hong kong. then;r distance themselves by what is happening in hong kong. they prefer to distance themselves _ happening in hong kong. they prefer to distance themselves from - happening in hong kong. they prefer to distance themselves from it - happening in hong kong. they prefer to distance themselves from it to - to distance themselves from it to make the argument that one country to system is still in place. that is why when asked about apple daily, the beijing government usually refers to the hong kong government to make its own arguments and basically speaking with the distinct voice that apple daily is not a real news media. it is cr

your handle on hong kong future is more important in my one future when the political prisoners are released in years or decades to come. i don't want them to return to worst hong kong hong kong without hong kong, as found all. and we have many see we are the kids chosen by the time, but i think it's we have chosen this era since i've seen the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self and our correspondence. phoebe com joins us now from hong kong tv. you have followed developments there in hong kong for the past year and long before of course, to what has changed since beijing's security law came into effect while a 117 people were arrested over the past year. many of the more opposition politicians activists in general. the youngest one was only 15 years, so the one half of them have been prosecuted so far. and since the implementation of the law protests have been almost completely deterred. although they'll thought he say that the law only targets and effects an extremely small minority of mentioned in the report on. but it's impact if ashley much far reaching and reaches into many aspects of people's everyday li

hong kong future is more important in my one future. when the political prisoners are released in years or decades to come, i don't want them to return to worst hong kong hong kong without hong college. and all in many see we are the kids chosen by the time. but i think it's we who have chosen this iran said c dot on the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. let's get you up to speed on all things euro 2020 now. and in a surprising twist, germany were knocked out. why arch rivals england? it's the 1st time the 3 lions have beaten germany in a knock out game. in 55 years. england now advanced to the quarter panels of the european football championship to play ukraine. ecstatic english fans have been celebrating the historic victory the 3 line road and england sword, a to know when against germany. finally break, the law is the best english. bitter. 900. 66, june. we be germany, loss and lockout told them to invoke our event that you know, 10 minutes or so and others, i call that a we put it through the book. talking is brilliant contest. i gotten all the german sounds when the stadium tried to make

hong kong future is more important than my one future gaining. when the political prisoners are released in years or decades to come. i don't want them to return to worst hong kong hong kong without hong callers and all the and we have many see we are the kids chosen by the time. but i think it's, we have chosen this iraq since the symbols on his skin state, his certainty, the tattoos, or messages of defiance to his future self. l to canada were an extreme heat wave is sweeping across the west of the country, claiming dozens of lives as people struggle to keep cool. the unprecedented heat smashed kennedy's temperature record when the mercury hit 49 degrees celsius. cooling centers had been set up to give residence some respite from the sweltering heat, which is set the last for several days. yet. it's been described as a prolonged, dangerous, and historic heat wave. people are being encouraged to go to cooling centers. after dozens of mostly elderly people died in the vancouver area in the record smashing heat wave engulfing western canada. temperatures have exceeded 45 degrees in some places, feeling close to 50 degrees in the humid conditions. many have been doing

hong kong future is more important in my one future. when the political prisoners are released in years or decades to come, i don't want them to return to worst hong kong, hong kong without hong kong as all. and how many c we are the kids chosen by the time. but i think it's we who have chosen this era since i've seen all the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. i'm joined now by sunni challenge. he's a hong kong pro democracy activists. he's been living in exile for the past year. he is currently in the united states. it's good to have you on the program. we appreciate you actually talking with us at this moment. i know you left hong kong last year. why did you decide that it was time to go? yeah. major is, there are 2 reasons. one of them is that according to the national law, of course, i will be one of the pocket, like be accused of coal looting with the phone towels. because previously i did a lot of national advocacy and lobby across the world. i went to the u. s. congress to testify on grants and compliments to sanctioned hong kong officials. so i understand that i will be wait for when the

hong kong. apple daily has fight for hong kong. apple daily has fight for hong kong. hong kong making money out of free market systems, yet you don't have a free press in the country. i would suggest that you can have a free market without a free press. it's almost one country, two systems right now. almost one country, two systems riaht now. ., , ., also wonder about the nato meetings and the eu meetings, but which bit of the chinese problem do you decide to tackle if you are the us administration. perhaps hong kong is not one at the top of the priority list. the queen has held a weekly audience with all m prime ministers that have held power through her reign. though the queen is head of state she remains politically neutral on all matters, though is able to 'advise and warn' her ministers — including her prime minister — when necessary. but since the pandemic began, those weekly audiences with borisjohnson have been suspended. she has been isolating at windsor and it has been 15 months since the two of them have met privately. today, normal business resumed, so what

hong kong. yeah, that's up to you, right. in fact, you know, in april report is without food as issue, the annual feed them index. and hong kong, hong kong, once more was ranked in a position. china was placed at 177. hong kong is now behind coke. it's done in terms of media freedom. now, when i 1st came to hong kong in 1088 to report hong kong posted that it was ages free, a city. i think there's now big question mark over that. i mean, at the hand, almost 24 years ago. china promised that hong kong is unique system including feed and of the media would continue. i think all of that is now in jeopardy. thank you for that. adrian brown live for us in hong kong. the 1st crew to be send to china's new space station is on its way the the 12 mission block that off from the g one launch center. it's taking 3 men for a 3 month stay in the floating lab 11 more mission plan over the next year. and a half attorney, you have more from beecher. according to china space agency, it all went to plan. it went smoothly from about 6, about 6.5 hours off to lift off. they're expected to land on that space station. and this crew consists of 3 men incl

hong kong right now behind bars. hong kong right now behind bars, ., ~' hong kong right now behind bars. ., ~ , ., hong kong right now bars. samuel chu, thank you for your time- _ bars. samuel chu, thank you for your time. thank _ bars. samuel chu, thank you for your time. thank you _ bars. samuel chu, thank you for your time. thank you so - bars. samuel chu, thank you for your time. thank you so much. l let's get some of the day's other news. four countries have begun legal action against iran over the accidental shooting down of a ukrainian airliner near tehran last year. ukraine, britain, sweden and canada all had citizens on board the plane. it happened during a period of high tension between iran and us forces based in neighbouring iraq. uk chancellor rishi sunak says he's "confident" of reaching a global agreement on digital taxation ahead of a meeting of g7 finance ministers in london today. there'll be a focus on global tax reform with the issue receiving new impetus under the biden administration, which wants a unified 15 % minimum rate of corporation tax. the portuguese foreign ministry has questioned the u

host: there is news this morning about further moves to shut down debate in hong kong. hong kong's daily newspaper to close after government shut out funds. alex is next up on the independent line in silver spring, maryland. good morning. caller: good morning. brief two-part question for the congressman. the other day, i saw several news agencies with a bold headline stating that the biden demonstration had frozen about $100 million or so in lethal weapons aid to ukraine. i wonder if you know anything more about that. the article itself did not seem to provide any details on that. it was just sort of a headline and filler text. as a second related part, during the trump administration, i recalled that after the helsinki summit, a number of prominent individuals were suggesting that perhaps we should have the translators who are in the room in the private meeting with vladimir putin to release the documents, the text of the dialogue that they had in private so we can determine whether or anything nefarious was going on. i wonder if based on the timing of this headline and article re

translation: ., ., , ., , translation: hong kong is a society ruled by iaw- — translation: hong kong is a society ruled by law. everyone _ translation: hongd no institution is beyond the reach of the law. no rights and freedoms, including the freedom of the press, can go beyond the bottom line of national security.— can go beyond the bottom line of national security. national security above all else _ national security. national security above all else - _ national security. national security above all else - a _ national security. national security above all else - a familiar- national security. national security| above all else - a familiar message above all else — a familiar message to those living in mainland hong kong and now hong kong. following the raids there was support for apple daily, and it grew, showing yourself reading the paper became a form of silent protest. and apple daily continued to publish antigovernment articles and artwork. the founder was released on bail, but in december he was released again. this footage shows him being taken away. this time he was facing fraud allegations — and this time bail was denied. hours

hong kong.— hours. hong kong. thank you very much — hours. hong kong. thank you very much for— hours. hong kong. nk you very much for speaking to us| hours. hong kong. thank you i very much for speaking to us on bbc news. and thank you for being with us. that is all for the moment. see you very soon. hello there, it was a bit cooler on thursday. we still managed temperatures into the low 20s in northern scotland. highest temperatures were across east anglia and the south—east — 25 degrees in suffolk. you may not find temperatures quite as high as that in the next couple of days but for many it will still be dry and there will be warm spells of sunshine, as well. the fly in the ointment is all this cloud we have kept a close eye on moving up from northern parts of spain across france and threatening to bring some showers across east anglia and the south—east. we have seen more cloud coming in across eastern parts of england for a while, hence the higher temperatures early in the morning. some clear skies for many other areas, quite a cool start for wales and the south—west. for many on friday, it

hong kong future is more important than my one future gaining. when the political prisoners are released in years or decades to come, i don't want them to return to work hong kong, hong kong without hong callers. all in many c, we are the kids chosen by the time. but i think it's we who have chosen this era c dot on the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future. self show. let's thank you now alive to you are him lar, fellow, press conference. listen, they need to log in. this is not true. the o. c. a. teeth is one feel young hopes it inconceivable can on each hobbit when tad, the image of this absolute difference, all when induced mansion faith in my pains. i believed in them to the end to me on traditional feelings. i'm very sorry that we have just point to a fan like that yesterday that you guys to and that we didn't when. so i managed to trigger the enthusiasm that we wanted to for them. that's what we hope for for this tournament district and mine. and i take full responsibility for underwater and of course, i take responsibility as well for being not out this early without any if and, but also to the home. and

your handle, hong kong future is more important in my one future, gaining when the political prisoners are released in years or decades to come. i don't want them to return to worst hong kong hong kong without hong callers. all. and we have many see we are the kids chosen by the time, but i think it's we have chosen this iraq see dire symbols on his skin state is certainty to tattoos. a message is of defiance to his features. are sports now at the european championship a tournament that's watched around the world, england had defeated their old nemesis, germany, england advanced now to the quarter finals. germany are out. well, he sterling broke a scoreless deadlock into 75th minute for england. harry again followed up an insurance goal as england when to nil or this cross over another london to the w sports corresponded jonathan harding. good evening to you, jonathan. what happened to germany? but what didn't happen in this game, i think it's the big question. i mean, germany or out of germany career is over. england have banished some demons. i mean, exercise, some demons, even. i mean it's really a fantastic. i've been in a crazy afternoon for headlines. so that's the big qu

your handle hong kong future is more important in my one future, gaining when the political prisoners are released in years or decades to come. i don't want them to return to worst hong kong hong kong without home college and all in we have many see we are the kids chosen by the time. but i think it's we have chosen this era scenario. you'll see all the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. i'm joined now by sunni challenge. he's a hong kong pro democracy activists. he's been living in exile for the past year. he is currently in the united states. it's good to have you on the program. we appreciate you actually talking with us at this moment. i know you left hong kong last year. why did you decide that it was time to go? yeah. may major the, there are 2 reasons. one of them is that according to the national law, of course, i will be one of the pocket, like be accused of coal looting with the fall and power. because previously i did last national advocacy and lobby across the group. i went to the us congress to testify us on grant and compliments to sanction hong kong officials . so i understand that i will be wait fo

hong kong future is more important in my one future. when the political prisoners are released in years or decades to come, i don't want them to return to work hong kong, hong kong without hong callers. all in many see we are the kids chosen by the time. but i think it's we who have chosen this era scenario. you'll see all the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. i'm joined now by sunni challenge. he's a hong kong pro democracy activists. he's been living in exile for the past year. he is currently in the united states. it's good to have you on the program. we appreciate you actually talking with us at this moment. i know you left hong kong last year. why did you decide that it was time to go? yeah, major the, there are 2 reasons. one of them is that according to the national law, of course, i will be one of the pocket, like be acoustic of coal looting with the fall and power. because previously i did last national advocacy and law across the world. i went to the us congress to testify on grant and compliments to sanctioned hong kong officials. so i understand that i will be wait for when the law

your handle on hong kong future is more important in my one future when the political prisoners are released in years or decades to come. i don't want them to return to work hong kong hong kong without home college and all. and we have many see we are the kids chosen by the time, but i think it's we who have chosen this era scenario. you'll see all the symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. the last german soldiers stationed in afghanistan of left the country, marking another milestone in the international troop withdrawal. german soldiers have been on the ground in afghanistan for 20 years. most recently, they were engaged in a natal lead mission aimed at training and advising afghan security forces, and supporting with ariel recognizance. 1100 german soldiers was still stationed in the country, making it the 2nd largest military contingent, enough gone. it's gone after the us i'm joined by the w physical correspondent, hands put on here. humph. johnny's to ro from going to some came earlier than expected. what's behind that wall? the german authorities, the defense ministry, was very cagey of the exec schedul

hong kong future is more important than my one future gaining. when the political prisoners are released in years or decades to come, i don't want them to return to work. hong kong, hong kong without home callers found all. and how many c we're the kids chosen by the time. but i think it's we who have chosen this iraq c dot on this symbols on his skin state.

hong kong _ exception. last question, to those in hong kong who _ exception. last question, to those in hong who have been - in hong kong who have been protesting but now feel it is hopeless, what should they do? should theyjust hopeless, what should they do? should they just try to get hopeless, what should they do? should theyjust try to get out of there now as indeed you have and live somewhere else in the world? yeah, i think that's a good idea, if they can get out, i support fully. my they can get out, i support fully. my organisation, we have been helping those get out and settle down in the united states, some of the protesters, meanwhile, you know, there are some people who actually, some of my friends who i met during the umbrella revolution, they are convinced to stay in hong kong and make a difference. we will see how their path will go.— their path will go. thank you very much indeed _ their path will go. thank you very much indeed for _ their path will go. thank you very much indeed for talking - their path will go. thank you very much indeed for talking to - their path will go.

hong kong. hong kong to ban passenger flights from the u.k. from july 1. it is extremely high risk. hong-classifies the u.k. as extremely high risk. sterling is coming in it, still positive on the day. tom: you wonder where this is going. i think there is great uncertainty. we will talk to joshua in a moment. to me, it is uncertainty within the celebration that science works. jonathan: i will say it's not going in the direction that people anticipated several months ago. lisa: that matters a lot, especially in israel where there is a significant portion who are vaccinated and recent studies came out over the weekend showing that people who are vaccinated are still getting sick with of delta variant. this comes down to a threshold. if there are no hospitalizations and no deaths, why do we treat this like the flu? jonathan: we will have a timely conversation. the equity market is a little bit of a bore. tom: never boring. jonathan: i don't believe you. tom: brent crude is $76. jonathan: yields are up one whole basis point. lisa: leverage lobster. jonathan: i'm sure we can find some data on

handle on hong kong future is more important in my one future, gaining when the political prisoners are released in years or decades to come. i don't want them to return to worst hong kong hong kong without home college all. and we have got many see we are the kids chosen by the time, but i think it's we who have chosen this era. since i've seen this symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. well, i'm joined now by sunni challenge. he's a hong kong pro democracy activists. he's been living in exile for the past year. he is currently in the united states. it's good to have you on the program. we appreciate you actually talking with us at this moment. i know you left hong kong last year. why did you decide that it was time to go? yeah. major the, there are 2 reasons. one of them is that according to the national law, of course, i will be one of the pocket. like, be accused of co looting with the foreign powers, because purposely i did, i was talking to national advocacy and lobby across the grove. i went to the u. s. congress to testify on grants and compliments to sanctioned hong kong officials. so i understand that i w

hong kong future is more important in my own future. when the political prisoners are released in years or decades to come, i don't want them to return to worst hong kong hong kong without hong callers and all. and we don't have many see we are the kids chosen by the time. but i think it's we who have chosen this era since i've seen this symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. i'm joined now by sunni challenge. he's the hong kong pro democracy activists. he's been living in exile for the past year. he is currently in the united states. it's good to have you on the program. we appreciate you actually talking with us at this moment. i know you left hong kong last year. why did you decide that it was time to go? yeah. major the, there are 2 reasons. one of them is that according to the national law, of course, i will be one of the pocket, like be accused of coal looting with the phone. because previously i did last national advocacy and lobby across the grove. i went to the us congress to testify and congress compliments to sanctioned hong kong officials. so i understand that i will be great, correct w

hong kong to have better access to the city. shery: tell us who qualifies to go back to hong kong, to go into hong kong. talking about on the residence thing allowed back into the city? michelle: at this point, only residents, people who have been vaccinated, so that means that in places -- most of the world, even if you have access to vaccines, those under the age of 12 cannot be vaccinated so we are still unclear how they are going to handle the children. carrie lam said they are going to address that but we do not know for sure so starting in july, they are going to consider fully vaccinated tourists so it might be opening up even further again that idea of hong kong leaping forward ahead of others and when we are talking about what places you can come in from, it is most of the world, places like europe and the u.s., all of those residents can come in. areas where there is still outbreaks like india and brazil, they are having to put up with that 14 day quarantine. shery: -- -- michelle haidi: michelle cortez. -- haidi: michelle cortez. vonnie quinn. vonnie: jay powell is scheduled to sit before the

hong kong party. i of the pro-democracy hong kong -a . of the pro-democracy hong kong .a _ ., ., of the pro-democracy ause many of my fellow activists are _ party. i feel alone because many of my fellow activists are behind - party. i feel alone because many ofj my fellow activists are behind bars. under the national security law, there is now a deeper meeting —— meaning to commemorate you the full. do we dare to come out? to be dirty protect the candlelight at victoria park? is on is we do not give up, there are still hopes that hong kong people can protect our freedom. the authorities have been cracking down on civil liberties. chow hung tang�*s arrest is another show of the growing intolerance of the descent. —— descent. to australia now where a dozen media outlets have been handed hefty fines for contempt of court over their coverage of the conviction of cardinal george pell on child sex abuse charges. the cardinal, who has always maintained his innocence, was released from prison last year after his convictions were quashed. phil mercer reports from sydney. justicejohn dixon had some pretty stern

hong kong we listen truth. make sure that the hong kong people know that we never give up, even though maybe we have to go to jail for the alliance. it's not just about commemorating the protest of 1989. what about being able to dissent to be able to call for an end to one party rule for democracy protests are now labeled the version by b jane. it could be a reason to outlaw the activism and the alliance itself. we are not so, so there was no question that they go from a one to replicate, not insisting on some slogan, awesome. some principle, the risk is what we are doing. sincerely fighting for the end of one talk dictatorship. there will always be that it really can be why, by the right quantity. i wonder whether this happened. sure. now or as it's a long way away, it depends on how hot recent recess, right workers at the alliance, june, 4th, me see, i'm happy going. preserving the gentlemen square exhibits in digital format. if china continues to close down all avenues, the physical protests in hong kong, moving historical evidence to an online museum mand up being one of the last remaining ways of showing persistence. and for more, let's bring in d. w. hong kong correspondent phoebe con, who put that piece together for us. if you join us now, phoebe, the arrest of chow hung tongue, just walk us through the significance of this move and what signal it sends to the pro democracy movement. and hong kong was held up 37 year old lawyer is one of the common and accidents in hong kong, co member of the annual kind of life visual organization alliance. as mentioned in the reports that she has been engaging in chinese human rights, one can also local well time which is pretty high profile on these a, on the end of those 310, which is one of the most in a political to do in china. that i read actually is a warming sense by the authority to the democracy camp and also the general public in hong kong with that hold that thought he's not going to tolerate any kind of commemorate. not only th

hong kong. what are the -- what's the latest there? stephen: hong kong called its trade -- hongosed its trade office in taipei. some geopolitics going on behind the scenes there, definitely tensions in ties between taipei and hong kong. what we are hearing is that hong kong has recalled its seven representatives based here -- taipei has resolved -- has recalled its seven representatives based here in hong kong citing political conduct -- political conditions. hong kong has requested that representatives from taiwan sign a one china principal letter as a term for its visas to operate here. we are hearing, as well, those personnel, the seven individuals, returned to taipei yesterday. taiwan's mainland affairs council spokesperson saying over the weekend that beijing and hong kong should take full responsibility for this recall. and if that it will damage relations and the rights of people on both sides. china on the other hand says taiwan should immediately stop meddling in hong kong's affairs or it will faces a beer punishment. -- it will face severe punishment. this is taking an

hong kong? >> since day one. from the hong kong perspective, we have this low tax because we want to facilitate movement of money, people and businesses. from the hong kong perspective, lowering the cost of business should be a global effort. instead of bringing it up or imposing it on others. i understand the sentiment globally that people are concerned about cost efficiency. from hong kong's perspective, we believe low taxes are always the best key and a level playing field for all business to come to hong kong. that is part of the reason they are here. >> thank you so much for your time and having us in your office. that is our conversation. let's send it back over to you guys. yvonne: great interview. our thanks to stephen engle bringing the conversation to the economic development secretary. a lot of questions from the financial community as well. a time where you are seeing as steve had mentioned, cases in hong kong are virtually down to single digits if not zero since mid-may. the government has done enough at this point in containing any kind of outbreak. still a lot of questions for what that means for the reopening. we will talk more about

handle. hong kong future is more important in my will. future gaining when the political prisoners are released in years or decades to come. i don't want them to return to worst hong kong hong kong without home college found all in order. how many c we are the kids chosen by the time? but i think we have chosen this era. sally said, this symbols on his skin state, his certainty, the tattoos are messages of defiance to his future self. in tennis, some serena williams dreams of equaling margaret called grand slam record of 24 ended in tears and she retired. injured from wimbledon. williams was leading and the 1st set of opening round match against alexandra assessment of the roofs. when she fell and her ankle was eventually forced to concede the match, the american waves to all sides center court and another dramatic match. a time when roger federer qualified for the 2nd round after his opponent, also suffered an injury. the swiss at the top of the screen have survived a major garrett window one adria, and the marino pushed him all the way. the match would have gone to a defensive fit, that marino slipped awkwardly and was false to retire. phaedra was visibly emotional after

anything, i am duty—bound to prove that citizens of hong kong should not live in fear.— not live in fear. hong kong was promised _ not live in fear. hongl freedoms. for 50 years after the handover. july one marks 24 years since this city was returned to china, but today many fear those freedoms are already being eroded. danny vincent, bbc news, hong kong. that's it. don't forget, you can follow us at any time, 24 hours, seven days a week, online. hello. the north—south split in our weather becomes rather more east—west over the next couple of days. of course, it's northern areas, northern england, northern ireland and scotland that see the lion's share of the driest, sunniest weather so far this week and particularly across southern areas of england in some spots, it has been very wet. the east—west orientation of our weather is to do with this area of low pressure still close to eastern parts, but also the flow of air to the north—northeastjust overnight and into tomorrow, bringing a good deal of cloud down across eastern parts here. and with that, there will be some light rain and drizzle be quite and with that, there will be some li

hong kong. the report has won her best documentary in hong kong's press freedom awards, which rt hk declined to accept. >> i am very proud to accept this award on behalf of the ogram hongong connection. >> she says her conviction marked a turning point for press freedom in hong kong. >> the significance of this trial is a crackdown on press freedom in hong kong. the situation will become worse and worse. >> authorities are tightening grip on the press and a large-scale population -- operation last august at the headquarters of apple daily, popular anti-beijing newspaper. the pape's owner was march 10, in front of staff. he is now in prison convicted of multiple offenses. these pictures were filmed by apple daily. journalists. >> there were at least 200 officers in the offices. >> he has been working at apple daily for three years. he hasn't gone existence are themselves and the papers content has changed. -- he has seen colleagues censored themselves and the paper's content has changed. >> the news ll no longer have the same meaning. a journalist will self-centered -- since her. -- a journalist with self censor. the content is completely different. >> hong kong has see

kong possible by boosting the vaccination rate so that every industry can do more business on high go hong kong. but hong kong slow vaccination rate is not due to lack of supply. hundreds of thousands of unused by on tech doses may be destroyed if they don't enter arms by august. so what's behind vaccine hesitancy in the city? there's the fear of side effects and government mistrust. but nearly 600000 people have been vaccinated in the last 2 weeks, as dreams of winning big turn heads, and change mines. now, another reason people are not being inoculated is because of a shortage of actions. this is true and taiwan, which is suffering a new outbreak that bailey 7 percent of the population have so far received one dose. the government does take an extra steps to protect essential workers, such as garbage collectors. the, it's the familiar sounds that accompanies rubbish collection in taiwan. a call to action, while in other parts of the well as you might expect your garbage to be picked up in high pay residence or expect you to drop off their trash to the truck or something that's continued even during the coro

somebody we heard from the man who's basically in charge of hong kong office here in hong kong knew who neg, and he said the real enemies of hong kong. other people calling for an end to one party will now he didn't identify who he was referring to, but the group that he, she had tried to hold accountable in vigil here in hong kong is a group the calls for just that the end of one party rule also on friday we heard from america's top diplomat here, who was there was now an atmosphere of coercion in hong kong. warning that it threatens hong kong future as a global financial hope. all right, good stuff f adrian brown in hong kong. still ahead on al jazeera, once in the fall line for iran presidential hopefuls in the upcoming final debate will be live in tucson. and the us justice department investigating efforts by the trumpet administration to seize communication dancer of members of congress. ah hello, we got some good sporting weather across europe at the moment, releasing the shower of the scene across rome recently that dragging their way further east was still a few shazlaw across northern parts of spain and portugal. clear

hong kong. absolutely, there are other papers in hong kong. in fact, hong kong has and has a very vibrant media community here, but no, no other paper was so if tom lee left wing and pro demo democratic and that was mainly due to the owner of this paper is jimmy le, who is now currently in jail. due to the national security law, but we are seeing a chilling effect across the city with other journalist from other paper saying that they are going to soft their comments political commentary. they're going to stop at historian because the fear that they too will come under scrutiny. so it's a huge turn around for hong kong, a place. one of the few places the nation where we had complete freedom of fresh, up until the national security law came into play. there's also you sense that this cracked on world intensify as you run up to the anniversary of the hands over and july, 1st this year in a few days and a couple of weeks. and also it is going to be the 100 anniversary of the comment of parties, but there's a sense here in hong kong that there is a real push to

hong kong chief executive kari lam announced a change in the region's strict quarantine measures. let's go to hong kong where cnn anna has the latest. what are you learning? >> there's been pressure on the hong kong government to ease what it considers the strictest quarantine measures in the world. it was initially 21 days for hong kong residents returning to hong kong. it was reduced 14 days, if you will, vaccinated. today the chief executive carrie a lam announced it's seven days for fully vaccinated drentss who test negative to the virus and carry out an anti-body test and test positive at hong kong airport. this is something people in singapore have been doing. the anti-body tests but not at the airport. hong kong will be the first to carry out these anti-body tests. you pass the three criteria ares with and you're allowed into hong kong and have to do seven days quarantine. countries like the uk, the u.s., japan, canada, these are all countries that are considered to be high risk. well now people who fit that criteria are then allowed into hong kong. it's a major win for the business community. we have to remember that hong kong is one of the largest financial hubs in the world and the

hong kong. well, let's speak to tom grundy, who's the editor in chief and co founder of hong kong. free press joins us from hong kong via skype at 1st up. this is another step beyond business. what do we know about the content that was being de legal? that's a great question, not much because the police will place long say, 500 up because deployed this morning, going for reports of computers seizing both the pcs during this 5 hour rave. despite the authorities saying press freedom is intax security law. we saw 5 executives handcuffed, paraded some of them through the newsroom, and the national security chain. steve lee saying that these relate to 30 articles that somehow were connected with a conspiracy to prompt sanction. again, hong kong and china, what we don't know is whether these articles, opinion pieces already tauriel. and when we ask the national security chief to clarify, or when the security chief cause i play to wrong, they don't directly answer. and they say that we must all follow the law, but of course his bands have a chilling effect unless we understand what exactly is being targeted here, righ

happened with hong kong -- we launched our fund in may of 2019 and in june of 2019, the protests in hong kong began. what has happened there does not affect our fund, necessarily, because hongong is considered a developed market. it is becoming more like other cities in china due to everything happening, but it does not affect our fund. but it does not provide me a lot of insight and inspiration into the kind of investing we do. shery: where you down with some of the asian economies where we saw democratic values backtracking, mainly talking about the philippines, thailand, indonesia, as well, to strengthen the central government over all others? guest: a lot of the less free markets will tend to use things like the pandemic to gain more control over its population. that is one of the major risks in these economies right now. the freer markets tend to be able to kind of respond to that. people tend to have more democratic power positions, more institutions are in place to keep checks and balances. there tends to be more freedom of speech and media and expression to be able to push back on some of these things. it means for example in the u.s. use, anytime the government tri

hong kong despite title covered 19 restrictions is one of the cities most popular events, though social distancing men, fewer races and spectators this year. and jim brown reports from hong kong. the hong kong wants to show that life here will soon be back to normal. and on a day like this, that's easy to imagine. as hundreds of people took part in one of the territories biggest annual festivals. the dragon boat race, a scene the to some of as proof, hong kong freedoms remain intact. but it's also a place where it seems social distancing. rules are selectively in pools. all i back is read all this event can happen during the cold at 900 pandemic. our team is fully vaccinated and we have confidence in the abilities of the organizer to maintain safety protocol. i'm not surprised, but the fact that no one social does the thing, it's a bit scary as well. just over a week ago, the government band, another popular annual event, the june, the 4th visual that commemorates those killed by chinese troops in beijing. tea elements where 32 years ago, the authority said the order was justified on public health grounds. it didn't stop small acts of defiance. strict health regulations are not the onl

hong kong off from the rest of the world when it is opening up. do you share those worries? >> i fully understand those concerns. hong kong residents returning to hongg or any other area who are fully vaccinated, if they come from what we call group d countries, the u.k. or other high-risk territories, they could have their quarantine cut back to seven days. they need to have antibody tests on arrival very recently. >> how you've done this differently if you were in charge? >> i think we have to revise our rules regularly. depending on risk assessment. we do not want to be cut off from the rest of the world. we have an early opportunity to reopen the border with china. they are being very strict with us. >> and i also talk about another controversial subject? the gay games will be held here in hong kong next year. we have heard a lot of outspoken criticism of holding such an event from pro establishment lawmakers. he used some very derogatory comment. what message is that voice that is coming on the others? about the level of tolerance we are seeing. or the lack thereof in hong kong? >> i have been supporting the gay games for years. i have been hel

if anything, i am bound to prove citizens of hong kong should not live in here. reporter: hong kong promised political freedoms. today, many fear the freedoms are being eroded. laura: bill cosby is a free man after the pennsylvania supreme court overturned his conviction for sexual assault. mr. cosby was convicted in 2018. his was the first high-profile sexual assaults trial in the aftermath of the #metoo movement which saw women speaking out. michelle, we saw bill cosby appear in public, he did not say much. but how are his legal team reacting? >> lawyers said this is justice being served. their client spent the last two years here. he was serving three to 10 years for three counts of sexual assault for drugging and molesting. that was the only case despite various accusers leveling charges over the years. the judge came out in pennsylvania's top court and said because of the deal he had reached with the previous prosecutor, the trial should never have taken place. laura: is there any reaction from the victim? reporter: we have not heard from her, but gloria allred came out and sai

hong kong -- hong kong opens in the afternoon. let's have a look at the european equity futures picture. friday's session was also flat. u.s. equities were mixed friday and we have seen the futures picture flat. we see certainly nasdaq futures up by 0.1%. there are interesting things to trade around. we are looking at talk of recovery in various parts of the world, keeping in mind virus variants and the pace at which central-bank support will be withdrawn, what is the gmm saying to you? mark: there are a few things to draw attention to. we are generally seeing dollar strength and asian currency weakness. that has been very apparent. yields creeping higher. not necessarily panic moves. bonds on the back foot. the fed has opened the idea it is ok to tighten policy at the margin. the final thing i want to draw attention to, commodities stronger, but copper weakness. copper has been a standout metals weakness in this idea china is targeting middle strength. commodities are starting to be dragged higher. oil strength will not stop. that is a theme i'm going to return to. anna: on the commodities space as a whole we are set to cap a fifth quarter of gains this week. a lot of momentum for the sector. let me ask you about what is going on on the virus. how much this is a market narrative or not. clearly it is a worrying trend when you see various concerns popping up with ever greater veracity -- ever greater threat, rather, in parts of the world. various places, we are seeing things moving in the wrong direction. some places, not the wrong direction at a great pace, but certainly not the theme we were dealing with a few months ago. >> investors, traders, people are focused on this virus story in asia today. it is not driving markets. the question is when will it drive markets? there is little bit of the boy who cried wolf. we have seen many virus resurgence is the have just been entirely ignored. when will the dynamic change? one interesting idea raised by my colleague, the idea of a virus resurgence, there is just more easing from central banks, more liquidity. if we get a scary headline it is not necessarily bad for markets. now that the fed has changed the backdrop tone, may be dynamic changes. if we continue to get scary headlines, headlines that would not have scared the market before might now do so given the changing monetary policy backdrop. anna: you have to ask to what extent is central-bank thinking set in stone? you wonder whether there is another reaction function to take account of. let me ask you about were treasuries had been. the end of this week, there is more to trade when it comes to the data. looking at the second half of the year, are you expecting a gradual bond weakness or higher interest rates? mark: they are waiting to form around a new theme. whether the curve should steepen. the fed has implied the reaction function has changed. we don't need a curve that needs to steepen on the idea the sale will be easy even in the face of a serious inflation strike. the backdrop is even if it is not through intentional steepening, we will see the curve steepening. bonds are going to sell off a little bit. we know monetary policy is semi-anchored where there is flux ability. we will see yields creep up -- where there is flexibility. we will see yields creep up. anna: let's get your thoughts on crypto. in the u.k. we have had a ruling, the u.k. banning a firm, giving it until wednesday. it is an asset class that takes higher regulation is a positive because it suggests broader access. that is one of the narratives this morning. mark: very much so. eddie vanderbilt, our colleague in london, made this argument that ultimately, the more regulation you get, the better it is for bitcoin. that is a longer-term story. i'm not sure the regulatory scrutiny is the reason. you have to put in context how severe the losses were the previous few days. i'm not saying the next move is going to be lower. but i would not read today's news as bitcoin is going to be higher. we are bouncing in a wider range. we have to see where the next direction is. i do think we have not yet finished the downside of this cycle. we have seen retrenchment in crypto before. i think there is more to go. understand there is plenty of debate. anna: always plenty of debate when anything crypto is mentioned. you can get up-to-date analysis. mark and his team can be found at mliv on your terminal. coming up, the parties of marine le pen and emmanuel macron are hit by poor results in the second round of france's regional elections, leaving years presidential poll uncertain. plus of the wuhan lab leak theory gains ground in public discourse, we hear the story of the last and only foreign scientist who worked there who paints a different picture. next, bnp paribas's chief economist joins us to discuss the latest market action and how much risk the delta variant poses to the economic recovery and reopening. if you have questions, send them to us, ib+tv is the function to use. ♪ anna: welcome back to "the european market open." 40 or so minutes until the start of the european trading day. things are fairly flat. futures looking fairly flat this morning. concerns about the delta variant are growing across the world. south africa has raised its alert level and sydney has gone into a two-week week lockdown to fight an outbreak. it raises further questions about reopening of the global economy. william, nice to speak to you. you have been thinking about the pace of reopening, the pace of growth we can see from the u.s. economy, the european economy. the delta variant in certain parts of europe and certainly the u.k.. you talk about strong growth, accelerating growth in europe. you talk about this being something clients are taking as a given. is there a risk if things need to be slowed down? or as we go back into certain measures over the winter? then we have to reassess growth numbers. >> between now and the winter, the delta variant is going to be an issue. the measures that are being taken, think of sydney and the other examples. this could have an impact on leisure, restaurants, tourism. beyond that, it is too early to say it would have consequences like we have seen in the lockdown rates. the base scenario is we are headed to a very slow recovery. the winter, because of a selling vaccination campaign -- stalling vaccination campaign, that is unlikely. mark: what is the best way to measure the likely impact of these virus stories? we are using mobility trackers. that might change. what exactly do you want to see the impact of virus? >> mobility is good. we use it as a proxy for retail sales. for the rest we are looking at what anybody does. the measure of your earlier question about new infections, that is where the hospitality and leisure is very useful. anna: thinking about growth rates and how investors interpret them, you talk about how the u.s. growth picture is peaking almost as we speak in the second quarter. you say eurozone -- euro area growth will peak in the third quarter. if we know that we cannot sustain incredibly high levels which are a reflection of low levels the year before, should that come as a surprise? should that shake investors? should that unnerve us? >> it will end up having an impact when growth slows. we will also see data very high in terms of the pmi's. economic sentiment is in the historical range. i think for a moment, is a bit too early. as we go into the fourth quarter of the year, it will be a theme that will be played by markets. we have to be aware of the fact that when you look at fourth-quarter consensus compared to third, we should be cognizant of the spillover effect. when you have growth, the third quarter, you start at a high level. you also have good pace of growth. the perception of global -- growth slowdown would be bigger. historically, when things start to go down, analysts have more and more tough time to continue to upgrade as much as before. we need to get ready during the fall of this year. mark: i understand we are in a sweet spot but you think is going to get more scary. that is a theme as we get close to winter. given that investors are joining in carry trades, what is going to be the exact catalyst to start pricing in that more forward-looking scale? >> one element is going to be that surprise data, surprises will start to wane. the other element to watches -- to watch his corporate surprises. guidance coming from ceos. these elements will morph, saying the third quarter -- gradually we are going to go toward normalization. it will not be as extraordinary as we will see over the summer. depending on the asset class, it will make a difference. what matters is that companies continue to generate cash for earnings, for equity investors. anna: nice to speak to you. have a good week. thank you for joining us this morning. let's get our first word news update. >> emmanuel macron and marine le pen set for disappointing results in france's regional elections. the march movement is set to get less than 7% of results. the record low turnout leaves the outcome of next year's presidential election increasingly uncertain. the u.s. has lost -- launched airstrikes in syria and iraq. the pentagon says they were aimed at facilities used by militia groups that launch drone attacks. the uk's new health secretaries has his top priority is ending the pandemic and getting the country back to normal. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna: coming up on this program, ubs is set to let staff adopt a permanent hybrid work model in a bid to be more competitive. ♪ anna: this is the picture, fairly flat this morning. ubs will allow as many as two thirds of its employees to adopt a hybrid model of working from home and the office. the ceo is leading the move as the lender seeks to be more competitive. the policy sets a contrast between the swiss bank and many of its u.s. rivals. joining us is our financial investing editor. why is ubs going with this policy? >> it is an interesting move. it seems to be going against the trend on wall street to bring employees back to the office. a fight for talent between banks. ubs doled out a bonus for junior employees a couple months ago. it has a bit of a setback with a cringe worthy promotional video which was a bit tone deaf. it is a positive move. it is an international investment bank, a traditional conservative swiss bank, and it looks like he is trying to change that. mark: given this is all about hiring competition, how does the policy compare with other banks? >> ubs is one of the front runners in allowing people to have this flexibility over a long period of time. looking at what u.s. wall street banks have said, they tend to be more strict. this old-school culture of having people in the office and stuff, sitting at their desks, ubs is moving away from that. senior managers have been working from the chalet. some probably still are. you cannot enforce having younger employees in the office when your managers have got used to that. anna: why does working from a chalet sound so much more glamorous than just working from home? thank you for bringing us the story. coming up, a tumultuous week in european politics. a new british health minister and an uncertain battle for the french presidency. we will focus on this man who will lead health efforts in the u.k. we will also talk about french politics. what can the regional elections tell us about the presidential election next year? ♪ anna:anna: half an hour until the start of the cash equities trading this monday. european equity market futures looking fairly lackluster. breaking news across the bloomberg. the red headline tells us salvatore ferragamo's to name a new ceo. we mentioned he was going to step down from burberry. he has been there since may of 2017. we join a few more dots in terms of why that is happening. he's going to be becoming the salvatore for a, ceo -- salvatore ferragamo ceo. there has been diversions within the commodity story -- divergence within the commodity story. the end of the quarter comes wednesday. you have been looking at divergence within the sector. mark: the backdrop is we have been in this amazing commodity search which people have debated, is it the next super cycle like we saw in the 2000s and this is going to carry on many more quarters? in the debate, many people said longer-term, we think the story is therefore sustainable gains. particularly copper because it is so vital to the greenificat ion of everything. we are trying to move away from oil and fossil fuels. but people believe the copper story but not the oil story. the last two months we are seeing the opposite of the price action. that is about this idea of positions. going into early may you see copper. the blue line had started pulling away from oil. this is copper on a super cycle, not oil. as people got excited, it seems to be reversing. this is a massive position prompted by the fact china is targeting metals prices more than oil prices. they have succeeded in the short term. the divergence cannot continue ad infinitum. if oil prices are going to keep rising, that is going to drag up all commodity prices and eventually copper again. at what point does this turnaround again? anna: that is interesting. to what extent can they diverge? there is always a focus on the supply. they may not all have the same story. supply of oil will be very much in focus. we have seen the higher and higher oil prices. many people ask questions about whether the supply will increase. mark: this is the most important opec-plus meeting for some time. it does not seem like they had the pricing power the last couple years. it has been u.s. shale supply. u.s. shale supply is there is an overhang. at some point that might change but at the moment, only creeping up a little bit. as long as the restraint is there, any opec-plus decision to increase supply will have a big impact on this market. meanwhile they're going to continue being very tight. this is a market where demand is strong. pricing indications show there is short-term supply constraint. this is a big opec-plus meeting. if opec-plus managed to drive the price higher, we will see that rebound powerfully as well. anna: let's get a business flash. some of the corporate stories we are dealing with. >> gamestop is to join the ftse 1000 index of large-cap stocks after billions of dollars were added to its market value amidst frenzied rallies this year. due to the timing of its gains, another small investor favorite, amc, is to remain in the russell 2000 despite having a greater market value than nearly two thirds of the companies in the large-cap index. poised to buy more than 2000 airbus and boeing jetliners in one of the largest deals in its history. the u.s. carrier is looking to rebound with more efficient planes. united is expected to purchase more than 115 737 max jets and over 50 airbus a 32 a neo's. china's envision group will spend $2.4 billion on a battery plant to power electric vehicles. the carmaker will acquire a stake of 20% in a french startup which makes power packs larger and premium models. it will help toward the target of producing one million electric vehicles in europe by 2030. anna: thank you. let's talk about politics. in france, regional elections are calling into question the primacy of emmanuel macron and marine le pen. caroline connan joins us now. lift from -- you have been tracking these regional elections. talk to us about the results. >> the far right wing will not stand on the red carpet at the con film festival next month -- cannes film festival next month. this was one of the most populated region in france, but marine le pen did not break the glass ceiling. a defeat for the far right. it is also a disappointment for emmanuel macron who did not win any of the 13 regions in mainland france. his politics and his government is seen as the government of the elite. it is back to the old two-party system, the mainstream right and mainstream left, which showed quite strong resilience. if you look at the traditional right-wing, for example, reelected in the paris region. in the northern region, a very important reelection, a potential rival to macron and le pen. mark: in the context of low voter turn amount -- turnout, how much did this matter for micron? -- macron? >> it does matter. will depend on local support to build his party. this party did not even exist for 2017 should be for 2017 -- did not even exist before 2017. if anything, this regional election has clearly made 2022 more unpredictable. it has redistributed the cards for the presidential. it has placed the northern region as a real rival. he is third in most opinion polls. in his victory speech he did not talk about the region. he only talked about the nation saying he has a responsibility after what happened over the weekend and he was not going to disappoint the french. he was going to defend the working class who feel they are not being rewarded. anna: thanks very much for bringing us the story and the implications of it. some local wildlife in the background as well. coming up on this program, the u.k. financial watchdog bands a finance company from doing business in the country. amid a global crackdown on crypto. ♪ anna: welcome back to "the european market open." we are fairly flat on european equity market futures. take a look at the things we are watching out for. the frankfurt euro finance summit kicks off today. the buddhist bank president do to -- bundesbank president due to speak. wednesday, oecd members meet in paris to overhaul global minimum corporate tax. something we are going to be trekking through the g7 meeting. the fed temporary limits on dividend payments and stock buybacks and for most banks. -- end for most banks. thursday, opec-plus ministers are going to be meeting. nuclear negotiations with iran may be a key talking point. that could complicate the decision on raising output or not. friday, the u.s. jobs report. forecasts are for an acceleration in payroll growth. that data could be the highlight. we have to wait until friday. i was reading a piece by our colleague laura cooper that says u.s. economic momentum is not captured in the jobs data. that suggests an upside surprise. we could become used to a couple of disappointments. mark: that is right. the theme has been u.s. data is superstrong, but not unparalleled to see two disappointing months in a row. is this the month we play catch up or is that going to be data distortion? maybe the safer bet is that we might get an increase in the participation rate because we have seen an easing of restrictions in california and new york. nonfarm payrolls always vulnerable to seasonal issues. it is not a perfect capsule of how many people are working but it is a snapshot. the idea of participation rate may be a better one to count on. anna: participation in focus. people are being enabled to get back to working. let's talk about what's going on in crypto markets. the finance market has been banned from doing regular to -- regulatory business. one of the most significant moves against the cryptocurrency industry. for more we are joined by bloomberg's cross market assets editor. what is going on with the u.k. restriction? >> a lot of regulators are getting nervous about aspects of crypto because it has become a big part of the financial ecosystem so quickly. it is becoming more significant. this is the u.k. reminding people binance is not allowed to do things in the u.k.. they have these units that are set up for different countries that are affiliates. this is the u.k. trying to clarify this. mark: good afternoon. what does this mean overall for the crypto industry? >> it could be a good thing. it makes people less nervous about jumping in. crypto is still a lot of -- kind of the wild west in a lot of aspects that are not very regulated. if there is more regulation, people, institutions, might feel better. near-term, it does put in a lot of uncertainty and it could upend a lot of practices outside of those regulated channels. anna: we talked about the risk -- the difference between increased regulation and price you might expect. what are strategists saying about where bitcoin is? >> it is impressive has gone rally today given the uncertainty about regulation. people are still watching the $30,000 level even though it is around $34,000 right now. $30,000 as a potential area of concern but they are also saying if we can get momentum and get higher, we could see a move up to $45,000. it is in a broader downtrend. anna: thank you very much. bloomberg's cross assets market editor. let's get a first word news update. >> australia has extended virus restrictions as it rides -- faces its latest wave of infection. the northern territory queensland and western australia have also imposed new curbs. south africa has outlawed public gatherings and closed schools. it battles the spread of the delta virion -- variant. the uk's new health secretary says his top priority is ending the pandemic and getting the country back to normal. sajid javid was named to the post after matt hancock resigned following emergence of video of him embracing a senior aide in his office in breach of covid guidelines. the u.s. has launched air against irene-backed -- iranian-backed forces in syria and iran. sources say ubs will permanently allow as many as two thirds of its employees to adopt a hybrid model of working from home and the office. the ceo is said to be leading the charge to be more competitive in recruitment compared with u.s. banks. no date for a return to the office has been set. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. anna: thanks very much. coming up, we will look at your stocks to watch. corporate news flow could impact individual stock names. f9 turbochargers the box office drawing audiences back to the movies at a pace not seen since before the pandemic. anna: welcome back to the european market open. european equity market futures deteriorating. ftse futures down 0.2%. let's get to stocks to watch with our equities reporter joe easton. happy monday. a lot of people heading to the cinema. >> good morning. we have had the first weekend of the new fast and furious nine film. i am myself did not think we needed another version of this movie but it has been a big success. around $70 million worth of sales over the first weekend. that is around $3 million more than expected by analysts. this could be a catalyst for the cinema industry to be revived as restrictions continue to be removed. 80% of cineworld cinemas are reopen. they have the regal chain which has around 500 years. in terms of the reviews, most people saying it is as ridiculous as ever but also quite good. one to keep an eye on, cineworld, later in london. mark: some shockers. anna and i, neither of us have ever seen a fast and furious film. there has been a ceo move from burberry to ferragamo. what are we expecting? >> the burberry ceo will be leaving the company and heading back to italy, his home country, joining the rival salvatori ferragamo. in terms of burberry, the stock has underperformed its rivals. it has not done as well as those stocks, has risen over the past year, but underperforming other stocks. the company has been investing in revamps trying to spruce up their image and get back to the level of their other peers, trying to reduce costs and cutting discounts out. they went on a discounting spree and lost premium branding. anna: a bit of m&a news. ultra electronics talking about a combination. talks have been terminated. >> this broke just for the close of -- before the close of trading on friday. ultra said they had stopped having merger talks with cobham, talks we did not know about at that point. cobham said, we are still thinking about a bid. it looks like the gloves have come off in this potential sparring match. there was a jump in ultra electronics shares at the end of trading friday. i would expect it to be a good week for u.k. stocks. we have also got an election coming up. and england set to thrash germany at wimbley stadium tomorrow. anna: thank you very much. joe easton. tennis starts today. certainly watching that. just a few minutes to go into the start of equity trading. we will be back in a moment to close out the show. a quiet session through asia but futures seem to be exterior rating -- deteriorating. mark: a slight risk averse tone that was not there earlier. nothing too much to get excited about. we thought cable might move today. with the lack of other things to get excited about, apart from -- i think crypto will be in focus. the last 20 minutes or so it has been extra bid, bitcoin and ether. anna: ether up by 1%. as you mentioned. thank you for spending the past hour with us. i'll be back with the market open coming up next. futures losing momentum. ftse futures slightly under pressure. nasdaq futures point to the upside. u.s. futures markets are flat. ♪ anna: a minute to go until the start of cash equities trading. concerns continue to mount from california to sydney. australian authorities race to contain outbreaks as south africa raises its alert level. the u.k. joins the crypto crackdown. regulators ban an affiliate of binance giving it until wednesday to comply. bitcoin traits higher. a twist in the return to office story. ubs staff will be offered a permanent hybrid model. futures deteriorating the last hour or so. the futures picture at the moment looking fairly negative for european equity markets. ftse futures down around 0.3%. if we see losses coming through, expect some of that to happen in london. european equity markets are pretty flat during friday's session. maybe we will see something flat this morning. u.s. markets fairly mixed. u.s. futures look flat to positive. as we were talking about with mark, pretty quiet overall in terms of market action in asia. the honget closed because of a stall there. seasonality, things are quieter than they were. this is the open for european equity markets, to the downside. the ftse 100 down by 0.3%. european equity markets opening with downward pressure. concerns about the delta variant are growing across the world. south africa has raised its alert level. sydney has gone into a two week lockdown. this raises questions about the reopening of the economy. paul, we are not far from record highs on global stocks. do stocks look vulnerable? are they vulnerable because of concern, or because of other reasons? >> there are various things to be concerned about. australia, for example. there is chance of a flow back into markets. there is the fact the plan in many economies is to roll back. it is only going to become evident how the economy will come out of this period once support mechanisms have been lifted. there are sectors which may take a long time to recover. through this year, we have already had the valuation

i mean, there were certain issues mentioned there on hong _ certain issues mentioned there on hong kong, first labour at south china _ hong konge are calls for china to be more respectful— are calls for china to be more respectful of the human rights record — respectful of the human rights record. joe biden defended it by saying. — record. joe biden defended it by saying, "look, last time with the g7, saying, "look, last time with the 67. china — saying, "look, last time with the g7, china wasn't even mentioned, and this time _ g7, china wasn't even mentioned, and this time it _ g7, china wasn't even mentioned, and this time it is" — g7, china wasn't even mentioned, and this time it is." quickly on russia, he is _ this time it is." quickly on russia, he is off— this time it is." quickly on russia, he is off to — this time it is." quickly on russia, he is off to meet putin on wednesday. he didn't really mince his words— wednesday. he didn't really mince his words when he was asked about relations— his words when he was asked about relations being low with putin, he laughed _ relations being low with putin, he laughed and said y

hong kong. critics say the new law is about china controlling the city and stifling opposition. since its introduction, there have been more than 100 arrests, including some of hong kong's most prominent activists. danny vincent has been speaking to honginland china into hong kong, hoping to start a new life. it took him nine hours to reach the shores of this former british colony. nearly 50 years later, he says he was trying to escape poverty, not communism. translation: this is the critical - time for the future of one country, two systems. it's important to safeguard it and we should follow president xijinping. on the eve of the 100—year anniversary of the founding of the chinese communist party, many questions over hong kong's future loom large. critics say the introduction of the national security law a year ago is giving china complete control of this semi—autonomous city. control over its territory has long been a goal of the chinese communist party. every chinese schoolchild is taught about the 100 years of humiliation, when china was weak and divided by foreign nations, when hong kong was still a british colony. there's no doubt the law is changing hong kong. ah nam was once part of the student protest movement. translation:

hong kong. well, it's enough from tom grundy, who's the editor in chief and co founder of hong kong, free press. he describes efforts to shut down apple daily as death by a 1000 cuts, the national security chain. steve lay saying that these relate to 30 articles that somehow were connected with a conspiracy to prompt sanction. again, hong kong and china, what we don't know whether these are articles, opinion pieces already tauriel close to his band, have a chilling effect unless we understand what exactly is being targeted to the apple bailey. thing that they're going to press on, we understand they may print off a 1000000 copies to night because hong kong of tend to in lieu of being able to protest, you're in cove, it voice support for apple daily by clearing it from the show. that's certainly what happened last year when they did, and we expect that to happen to more morning when these copies sent to new stands across the 50. and i think it's more in direct sort of pressure the patriot facing whether it's arrest directive. so it wanted to coding, i suppose, is mitchell shutting down. the thing is but, but moreover, that $5000.00 cut over along the period. so who knows with room a swirling that the government want is paper shut down, whether it will still be in print by the end of the year. and you say that it's one o

kong possible by boosting the vaccination rate so that every industry can do more business on high go hong kong. but hong kong slow vaccination rate is not due to a lack of supply. hundreds of thousands of unused by on tech doses may be destroyed if they don't enter arms by august. so what's behind vaccine hesitancy in the city? there's the fear of side effects and government mis trust. but nearly 600000 people have been vaccinated in the last 2 weeks, as dreams of winning big turn heads, and change mines. now another reason people are not being inoculated is because of a shortage of actions. this is true in taiwan, which is suffering a new outbreak that bailey 7 percent of the population have so far received one dose. the government has taken extra steps to protect essential workers such as garbage connective the, it's the familiar sounds that accompanies rubbish collection in taiwan. a cool to action. while in other parts of the world, you might expect your garbage to be picked up in high pay residence or expect you to drop off the trash to the truck. something that's continued even during the corona virus