they could decide to strip orest johnson of his lifetime access to -- boris johnson of his lifetime access to parliament. he is accused of throwing parties that -- johnson accused lawmakers of trying to commit political assassination. i am joined by our international editor. why is this posing a problem for the conservative party? >> one person was conspicuous by his absence and that is the prime minister rishi sunak. he was in boris johnson's governor -- government and was one of those in favor of brexit. he is in a difficult position because he doesn't want to alienate part of the conservative party that supports johnson, by going to the cup -- the house of commons to say that he is in agreement with the report and point the finger at johnson when he knows he needs the support of many around the country who are supporters of johnson and may turn their back on the conservative party. that is the reason we haven't seen rishi sunak in the house of commons. he says he has a busy agenda but i think he doesn't want to be forced to decide or abstain on this vote. it looks certain that this repo

they could decide to strip orest johnson of his lifetime act -- access to parliament for lying duringlockdown. antony blinken meets with xi jinping in

that's why it's the 90 day suspension they recommended together with orest johnson losi his parliamentarys for good. those punishments will be debated and voted on on monday. >> well let's hear a little from conservative mp a close supporter of boris johnson over the years. >> i am concerned that a number of people have criticized others who have impugned the nature of the privileges committee. what i do want to say ii was there when boris johnson gave evidence to the committee. now that committee stands in a judicial role and when boris johnson was answering questions, i could members of the committee not all of them, some of them behaved with dignity as jurors would do in a court, but some of them were putting faces, looking skywards, turning their backs on boris johnson. justice doesn't have to be done it has to be seen to be done. >> we have a great panel to discuss all of the above. former conservative cabinet ministercofounder and director of public opinion consultant and conservative political commentator and former home office special advisor. let me start with you, claire. is thi

the privileges committee report contains some dining fine things which make one indeed prevent orest. johnson from making it over ton in british politics. but it's also, i think, important to remember this part something remains relatively popular within the concepts of policy. and to some degree among conservative sizes, they're all seen and politicians and the conservatives who believe that they will be doing that. so if he was still lead, i'm so i think for those reasons, 11 policies, i'm personal determination. you called loud uh the case that you might whats on it, some of the sample points in the future. well, i wonder where this does actually leave the tory party that we had that from that correspond rory the best way to throw a grenade into issues. so next government, how is this being viewed by the current leadership? what certainly does the stabilize the select government, and of course the one reason for that is the are a strong some decision to resign from parliament means that there will be a fine action in his oxbridge constituency, which will be hop for and may well result in a

prime minister rishi sunak as a parliamentary vote on his predecessor orest johnson today and likelyel will receive $11 billion in subsidies to build a chip factory in east germany this is after they announced a $25 billion plant in israel. the world's largest air show returns to paris after a four year hiatus. we will hear from some of the ceos of the world largest airlines. welcome back to the program. this is a special edition of bloomberg markets. there is no trading in stocks or bonds in the united states because of the holiday. we are down by 0.7% on european stocks. banks stand out to the upside, benefiting with rates going higher and the u.k. narrative this morning's been about short in interest rates with two-year yields at levels we have not seen since 2008. u.k. two year yield is up. some clear disappointments on the close of the session in asia. what will we hear from the chinese government? will we hear more stimulation? let's get analysis now. let me ask you about the china story. it has created some disappointment in markets around fiscal stimulus. what are we expectin