paul ince joined the e.u. 15 years ago i'm on my way there to get to the bottom of a completely opposite idea that the e.u. interferes too much. in warsaw i'm meeting some people to find out more in 2017 the e.u. commission triggered article 7 disciplinary measures for the 1st time in its history against poland. it was on the grounds of a clear risk of a serious breach of the rule of law the toughest sanctions also known as the nuclear option suspend certain rights such as voting bot it requires a unanimous vote in the european council and hungry announced it would veto any sanctions that the e.u. might propose against poland. the threats proceedings against a member state is that going too far. do you think the e.u. is meddling in polish affairs. no i don't think so i haven't raised this we're trying to hold up we're part of europe. and western standards and rules should influence poland. that's something positive i think of the the what is not talking about us i think the e.u. can give us the best of everything freedom but no borders or a better standard of living actually. i i i don't

paul ince joined the e.u. 15 years ago on my way there to get to the bottom of a completely opposite idea that the e.u. interferes too much. in warsaw i'm meeting some people to find out more in 2017 the e.u. commission triggered article 7 disciplinary measures for the 1st time in its history against poland. it was on the grounds of a clear risk of a serious breach of the rule of law the toughest sanctions also known as the nuclear option suspend certain rights such as voting bot it requires a unanimous vote in the european council and hungry announced it would veto any sanctions that the e.u. might propose against poland. the threats proceedings against a member state is that going too far. do you think the e.u. is meddling in polish affairs. no i don't think so i haven't raised this we're trying to hold up we are part of europe. and western standards and rules should influence poland. that's something positive i think of the the but as an attorney allows us i think the e.u. can give us the best of everything freedom no borders or a better standard of living actually. i i don't care

be 100 clinton eyes are actually called in paul in the united states bush inc was just not clever enough to understand it so no they cleaned and i coming back with a vengeance and poroshenko was asked to come to the prosecutor's office last week he had to testify and giuliani contra come to give because he will be facing clinton stooge there missed it ends so this is the terrible story and of course the war in ukraine won't end building mrs clinton doesn't want to end it and the liberals the democrats don't currently don't because it's a cudgel against russia. that they that alex i mean i don't know if you've noticed i'm not an avid watcher of c.n.n. of course you would know that and my viewers here but it looks like they have a new patron saint and went from a creepy porn lower lawyer to st james komi what do you how do you reckon all of that i mean he's given a town hall extensive interview it looks like james komi he needs a lot of lawyers but he has a p.r. firm already don't you think you know he has a p.r. firm in the p.r. firm called c.n.n. but i mean they can't you can't get away

paul: all right, china correspondent tom mackenzie, inc. you very much for that. very interesting and timely interview with the huawei cost. you can watch more of tom's interview with huawei's ceo. it runs on saturday at 12:00 p.m. sydney time, and then friday 9:00 p.m. in new york. don't miss that. we are expecting projections for the final eu wide results any minute now. bloomberg news eu government reporter then shows joins us from brussels. here?re the key takeaways it looks like the populist tide was held back in the eu, right? ben: yeah, the revolution did not materialize. of seats the populist party will have at the end of the process looks like it will be similar to the number they had in 2014, despite all of the rhetoric and all of the noise that we have heard in the interim. the big winner so far has been the green and liberals. toward a more progressive emphasis in european politics. shery: now the european parliament estimating the christian democrats and socialist will remain the two biggest groups. and what position does it leave the third party righ

speaking inces unison at the fed saying that we are where we need to be, we are watching closely. we will make a move if we need to. paulthat was kathleen hays. thank you for keeping an eye on jerome powell's speech for us. bloomberg subscribers can continue to watch powell go inng if you go to live your terminals. china says they will step up after president trump blacklisted technologies. jim hackett accused -- zhang ming accused washington of blackmail. stephen engle has the details. nothing,ill not do what will they do? phen: the chinese have been responseted in their to trade were tensions. when huawei starts coming into the picture, the commentary of the chinese gets a bit more the separatists -- vicious. this is where we are right now. we are getting comments as you rightly said from the chinese ambassador to the european union , zhang ming. wrong behavior. he is referring to president trump's recent blacklisting of huawei. he says this is wrong behavior and there will be a necessary response. businessights and interests are being undermined. he says it will not sit idly by. he says the u.s. government is trying

paul: the chinese government's in twoeizure of a bank decades is filing fresh pressure on small lender's. regulators to control of the bank for a year, citing serious credit increpurchase rate jumped to the highest in a month. alibaba is concerning raising $20 billion by a second listing in hong kong. commerce giant is working with financial advisors on the plans offering which will bring china's largest company closer to investors. alibaba could find a caught -- file a confidential listing as early as the second half of this year. the e.u. is signaling it would reject any white house efforts to curb imports of european cars. chiefs meeting in brussels dismissed president trump's warning you with the quote is on -- automakers for national security reasons. voluntarily restraining exports is illegal under the wto rules. global news 24 hours a day on air, at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am paul allen. this is bloomberg. ♪ brexit: a no real chances are rising and theresa may's exit -- [indiscernible] david: a little bit of fallout not. mark cranfield is in singapore for us. mark, where do we

chevron, dow inc., mcdonald's, walt disney, all of them on the upside despite the overall downside move of the market. >>> next, we are going to talk to ron paulm a car thief... what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪ ♪ ♪ our new, hot, fresh breakfast will get you the readiest. (buzzer sound) holiday inn express. be the readiest. stuart: on the comeback trail to some degree. minus 196 as we speak. the dow is at 26,300. look at the price of gold, down this morning. i'm surprised, with all this military action in the mideast, you might have expected it to go up but no, it's down just 30 cents, $1281. >>> look at the yield on the ten-year treasury. a key benchmark interest rate. it's not exactly at historic lows but boy, is that thing beaten down. it is a safe haven. you put money into treasuries, the price goes up and the yield goes down. 2.48. >>> back to my editorial, top of