u.s.-china economic competition. it's great to have, we're constrained by this virtual world of course but it's great to be able to pull in people from not only washington but from around the country and around the world. we're delighted to have you with us, an important topic. we're really here to roll out the reason initially we came was to roll out a report that one of my colleagues, stephanie see tbal, has just -- seagal, just produced, called degrees of separation, the subtitle a targeted approach to u.s.-china decuming. i'll introduce stephanie in a second, she'll introduce the report, she's been working on it for the last 8 months or so. it's a terrific contribution to the conversation about this charged topic of u.s.-china economic cooperation. i want to thank, before we start, the smith-richardson founding a. the smith-richardson foundation has been a generous supporter of the csis and our programs particularly. without them we couldn't do what wedo. i'm going to just turn to this

u.s.-china economic competition hosted by the center for strategic and international studies. it's an hour and a half. matthew: good morning from washington. i'm delighted to welcome you to this event on u.s.-china economic competition. it's great to have, we're constrained by this virtual world of course but it's great to be able to pull in people from not only washington but from around the country and around the world. we're delighted to have you with us, an important topic. we're really here to roll out the reason initially we came was to roll out a report that one of my colleagues, stephanie see tbal, has just -- seagal, just produced, called degrees of separation, the subtitle a targeted approach to u.s.-china decuming. i'll introduce stephanie in a second, she'll introduce the report, she's been working on it for the last 8 months or so. it's a terrific contribution to the conversation about this charged topic of u.s.-china economic cooperation. i want to thank, before we start, the

the u.s. economy, killing jobs and affecting millions of jobs, are we supposed to be nice to these folks? the country that is increasing emissions four times for every one ton we are reducing in the united states. madam chair, as the mad states lead the world in reducing emissions, the global community has increased tenfold for every time we have reduced. let me say that again. the strategy in europe is a great example and california is a great example. we can either follow strategies that work or continue to do what you all are trying to do, and manipulating technology, taking options away from innovators. at the end of the day resulting in higher emissions and higher prices. it is a flawed approach and it is irresponsible to continue in this direction. i yield back. >> without objection members who wish to enter opening statements of five business days to do so. we will hear from experts on the challenges and opportunities for international climate action as world leaders prepare together in

u.s. tech -- secretary of state tells bloomberg china must act responsibly in the ever grand crisis. we will hear from antony blinken. we are seeing u.s. futures muted at the open after we saw stocks rallying in the afternoon. the s&p 500 erasing one .3% -- one point percent of a loss, the biggest since february. we might get a resolution or kicking the can down the road on the u.s. debt ceiling into december. we also had the 10 year yield changed. strong jobs numbers, private companies adding most jobs in three months. we will be looking forward to the september payroll on friday. oil sinking by the most in two weeks and extending losses. this as we continue to see growing u.s. inventory and russia signaled they are ready to help ease a global energy crisis. natural gas is moving, it has been volatile for a few days. we saw it plunge after settling at the highest level in 12 years with president putin saying the russian gas pump will send more gas into ukraine at the end of the year. pric

the u.s., or literally we still have lead pipes that bring water into people's homes and schools that are poisoning them. this bill would help us replace all those pipes, so it is good for america, good for families and it deserves to become a law. host: you know well that the debate on capitol hill is tying these together, what is the potential right now of de-linking them? guest: i hope the president and democratic leadership come to the realization that linking the bills only means nothing gets done, that we do not replace the lead water pipes and bridges. so we had a chance six weeks ago, we had a chance last week to pass the infrastructure bill and for it to become law, so we could start building these things again. and we missed that opportunity, so we need to go back. we need to receives it. -- receives -- free -- re -seize it. i do not know if the president and a democratic leadership will listen, but de-linking these bills and getting the infrastructure bill done would be the right th

first is the eu and u.s. level. then the ce and u.s. level. then the collaboration level. last, multilateral. starting with the eu, the eu and u.s. have already spoken there position on the same special recognition of critical infrastructure and also the history of cybersecurity cooperation. this collaboration is not yet effective and practical. we need to develop systemic cooperation between eu countries within the u.s. government on this particular topic. maybe, development with ed fraud -- within fraud between the u.s., india, japan, and australia. these four countries declared building a long-standing cooperation on cybersecurity and lodging new efforts to bolster critical infrastructure against cyber theft. by bringing together the expertise of their nation to drive domestic and international subsidies. another advantage of such a collaboration claim -- came one month ago with the u.s. declaration of a partnership for new challenges including cybersecurity aberration for a new era with three agreements that -- cooperation for a new era with three agreements that will

u.s.-chinese discussions. >> it's great to have-- while we're constrained by the virtual world, but it's great to pull in people from not only washington, but around the country and around the world. so we're delighted to have you with us. an important topic. we're really here to roll out -- the reason we initially came was to roll out a report that one of my colleagues, stephanie segal, called the degrees of separation, the title is targeted approach to u.s.-china decoupling. i'll introduce stephanie in a moment and she'll introduce the report. she's been working on it the past 18 months and i think it's an important contribution to the conversation about this charged topic of u.s.-china economic cooperation. i want to thank before we start the smith richardson foundation, a generous supporter of csis and the economics program specifically for many years and we really appreciate it. without that support we couldn't do what we do. so thank you very much. so, i'm going to just turn to steph

the u.s. is leading nations to advocate for better secure supply chains. this overlays to the discussion today. i hope there will be many new countries for the cooperation on cybercrime and law enforcement collaboration. besides this important development, closer cooperation on cybersecurity of critical infrastructure between the eu and u.s. is very much needed now. i will concentrate on four possible dimensions of such collaboration. first is the eu and u.s. level. then the ce and u.s. level. then the collaboration level. last, multilateral. starting with the eu, the eu and u.s. have already spoken there position on the same special recognition of critical infrastructure and also the history of cybersecurity cooperation. this collaboration is not yet effective and practical. we need to develop systemic cooperation between eu countries within the u.s. government on this particular topic. maybe, development with ed fraud -- within fraud between the u.s., india, japan, and australia. these four

the u.s. debt ceiling deadlock. the dollar is bouncing ahead of friday's job report. plans for talks between president biden and presidency even as beijing warns over taiwan. a 40% surge in gas prices in minutes. the deal comes with strings attached. shery: we have an alert. we are getting south korea's august current account numbers. we are seeing goods trade falling to 5.6. we are also seeing the current account narrowing to $7.5 billion. that would be 7.512 billion. this after widening in the previous month. not that surprising given that way -- we have seen export starting to slow down. in the previous month, we had seen double-digit gains but not as high in the 30% gains that we saw in the past few months. the current account balance starting to marrow -- narrow at $7.5 billion. haidi: we are seeing tepid gains in the first few seconds of trading in sydney. let's get you straight to the markets with sophie cameron. sophie: a two day drop for aussie shares. stocks opening higher. a report

they are using u.s. military facilities, for instance, in the middle east and in europe to help facilitate the flow of those folks. but d.o.d. is really just in support in that case. and what you're seeing, again, is more of a -- an ability, both to bring folks through the state department process for providing documentation, securing -- ensuring that the documentation is accurate. you have a d.h.s.-led process on vetting and review to ensure that the right people are coming out. and then d.o.d. is providing some of the backdrop. we're not the ones lifting out. the other major thing i would flag is the standing up of the commercial side of the kabul airport. and that's an effort under way. that third countries are working with the state department to try to get that airport up and operational. and that, again, if you combine the ability for commercial aircraft to come through and move without coming to u.s. military facilities, for instance, just going through commercial air traffic, and the ability of t

and i think u.s. officials, including the president of the united states, the vice president, secretary of state tony blinken, the national security adviser jake sullivan, they were all stunned at how this very, very confidential deal that the u.s. and the uk made with australia on these nuclear-powered submarines, that stunned the french. they had no idea. remember, france had a deal to sell dieseseldiesel-powered sub to australia for tennings of millions of dollars. that's going away. there is no consultation between the u.s. and france. france had no advance word. the french were really upset. jake sullivan, the national security adviser, went to paris to try to improve things. the secretary of state tony blinken, who speaks french and has had a long u.s./french relationship, he went to paris. now the president is going to meet with macron and the vice president, kamala harris, is going to go to paris herself to try to ease this relationship, improve the relationship. it's been nasty and ugly. ther

u.s.-china engagement. i think having that sort of insight from how this issue looks from capitol hill and in particular, from someone who is sitting at one of the key committees that's looking at this issue in house financial services, really valuable and a perfect segway for us now into the panel discussion and a bit more granularity as far as what is in the report, we have a great set of panelists that can help us kind of dissect a little bit more our detailed research. if i could just take five minutes or so and give you kind of the headline messages from the report itself, and then we'll dig into the details with our panelists. as matt mentioned, this report, degrees of separation, is an effort that was launched in the spring of 2020. we divided the project up into two distinct pieces. the first piece was a historical piece, resulted in a report that we issued in february of this year, and that really looked back to the late 1970's, and the normalization of relations between the u.s.

i teach a course on u.s. japan relations and global contexts in which the students normally get a research trip to tokyo each year printed we haven't been able to do it for two years because of the pandemic and i think this is spread across the entire u.s. is the dialogue of academics. either in an institution or personal environment has been broken on the pandemic. in your estimates, can this be fixed quickly as things get more and more normal over the short term. >> will thank you very much for that question and as i said in my presentation, i'm a strong believer in human connection. by this dislocation created by the pandemic, and peoples exchange including academic exchanges. and of course how quickly that we can overcome this challenge, it depends on how we make progress in terms of defeating this pandemic. i am happy to report that we are resuming normal exchanges for the students taking a few examples of traditional avenues to exchange the fellowship programs. we have just sent off a new bunch of jet c

the u.s. respond? guest: by condemning the actions and noting the fact it will be destabilizing and provocative and ultimately it's not conducive to resolution of cross state issues and peace stability in the region and they shared that message certainly with beijing and consulted with taipei and then also u.s. allies in the region about the situation. in addition, jake sullivan met with the top policy official who is a member of the ruling policy bureau and met in switzerland for six hours where they talked about taiwan but also a range of other issues. host: let's look at president bide one was asked about the tensions between china and taiwan and what he had to say. president biden: well abide by the taiwan agreement and he shouldn't be doing anything other than abiding by the agreement. host: abiding by the taiwan agreement, what is he talking about. [. guest: he was using a shorthand to refer to policy against taiwan which is a bit cumbersome to say characterized by something known as the

u.s. supporting -- supreme court has said that is just fine. you can make these kinds of stops, and it does not matter that that is not really what you are interested in, and i think what has to change is that the very nature of leasing -- policing has to change. that will should be taken out. police should be used to prevent crimes. traffic stops are a problem because they disproportionately focus on people of color. announcer: sunday night at 8:00 p.m. eastern on q&a. you can listen to q&a and all of our podcasts on our new c-span app. >> next, a discussion about u.s.-china economic competition hosted by the center for strategic and international studies. it's an hour and a half. matthew: good morning from washington. i'm delighted to welcome you to this event on u.s.-china economic competition. it's great to have, we're constrained by this virtual world of course but it's great to be able to pull in people from not only washington but from around the country and around the world. we're

but in fact, the u.s. government was fairly limited in its ability to get him out after they withdrew their forces. the effort to get him out fell to this mishmash of private groups that had been working in the past few weeks to get people like aman out. everybody from the founder of blackwater, glenn beck, the conservative commentator who was flying christians and other afghan people out, they tried to help. eric planned to carry out a clandestine operation to get him out. glenn beck worked for a couple weeks to get him on a charter. the problem was that the taliban weren't allowing people out that didn't have passports, and most of aman 's family didn't have one. eventually aman and the arizona national guard folks who helping him turned to an afghan american and -- afghan american interpreter who worked in the military who had been getting people out across the border by land through these routes. it is a very risky effort. it took many days, weeks for them to work out this effort. what it shows is how

after the latest u.s. jobs report, biden says the u.s. risks losing its edge and xi jinping vowing to reunify taiwan with mainland china. we begin in washington with a showdown over executive privilege. donald trump is pushing back after biden denied shielding. the former president has written his own letter to the national archives in an attempt to keep more than 40 documents under wraps. more on what this means for the investigation. >> tonight, the biden administration is clearing the way for the january 6 select committee to get information about what was going on in the white house before and during the insurrection. president biden will not assert executive privilege over some record since the document shed light on the events and baron the committee's need to under the attacks underlying the most serious attack on operations of the federal government since the civil war. >> this is just the first set of documents and we'll evaluate privilege. the president has been clear he believes to be the utmost importance for congress and the

citizens and u.s. citizens or lawful permanent residents or visa holders, they are actually able to resettle directly into the united states. but if they are not then they go to one of eight military facilities where a tremendous amount of resources are dedicated to their well-being. >> the u.s. government accommodations for afghans have raised questions about why the same isn't being done for migrants arriving at the southern border in record numbers. >> if the u.s. government was able to setup this system so quickly for afghans, why not set it up so quickly for those in need coming at the southern border? >> remember we're working to countries to the south that are dealing with border management challenges themselves, resource constraints and like. so the challenges are very different here than they are with respect to the afghan national. >> the jawads are now living in a one bedroom apartment in virginia they found through one of the resettlement organization. housing alone is not enough to make re

u.s. war crimes. he faces life in prison here. we will get the latest with british writer and activist tariq ali. >> he should never have been kept in prison awaiting a trial for extradition. you should be released. amy: we will also speak with tariq ali about his new book "the forty-year war in afghanistan: a chronicle foretold." then to the pandemic. wealthy countries have received 16 times mark of a 19 vaccines per person than poorer nations. >> the only way to get to immunity is to vaccinate the world. amy: we will speak to dr. monica gandhi who says she will not receive a booster as a health care worker because of the global vaccine inequity. we will also look at the eminent rollout of vaccines for children as young as five in the united states. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. president biden is announcing a revised framework for his social spending plan today that he expects will gain the support of

u.s. francine lacqua is in london and guy johnson is off. unbelievable move in the bond market over the last few days. thank god it's friday, right? francine: for an equity analyst you've had a million and one earnings so it's been a pretty long week. and we look at technologies so it has been a manner of confluence all coming together on this friday. alix: and, by the way, is the end of october. the nasdaq down .5%. blame apple and amazon despite the fact that they are off the lows of their session. i wonder how much of the issues that they are encountering is transitory versus permanent? and the divergence there? the bond market is where i see the really interesting action. it started yesterday and continued in australia, two-year yields spiking come huge in the last few days. the central bank did not defend yield targets. the 10-year yield in italy is 15 basis points higher, the last two days 30 basis points higher for btp. similar in the u.s. the 10-year yield feels calm, but the 2-yea

the u.s. invasion of iraq in 2003 to helping shape u.s. military policy during the 1980's. then, a democracynow exclusive. we speak with a prominent haitian-american immigrants rights activist appoied to iti in 20 in a rerkable velopmt. heas allied -- allowed to f back to new rk aftereceivin specl parole i have alwaywanted to be wi my kids and now i get a second chance to be with them again. amy: all that and more, coming up. welcome to democracy now, democracynow.org, the war and peace report. i'm amy goodman. former president donald trump has filed suit to stop the congressional committee investigating the capitol insurrection from receiving records about the january 6th riot, as well as trump's efforts to overturn the will of voters in the november election. trump's legal team claims the request undermines trump's executive privilege and is asking for more time to review records requests. this comes as the january 6th committee has laid out its contempt case against former trump white house

laura: three u.s. senators have released legislation that would require companies reporting more than $1 billion in profits to pay a minimum 15% tax rate even if they qualify for tax breaks. the proposors say the plan would raise $300 billion over 10 years. and would come as an alternative to increasing the corporate tax rate from 21%. the queen will not attend a reception next week at the united nations summit in scotland. buckingham palace said following advice to rest, her majesty has regretfully decided she would no longer travel to gloss cow for the start of the talks. she will send a video message instead. a panel of u.s. experts say the benefit of a covid-19 vaccine for young children exceed the risks. the fda's vaccine advisory committee voted 17-0 with one abstention for the pfizer-biontech jaffer children five to 11 years old. it sets the stage for a likely u.s. authorization. environment a group greenpeace is calling on the european union to ban short flights on routes where the journey is u

the u.s. could caught in the middle. joining me to explain, will ripley in taipei and arlette saenz with the president in wilmington, delaware. we will start with you. tell me about the parade and what it's intended to convey, especially that u.s. made patriot missile. >> reporter: pam, it's an extraordinary sight that we're expecting here in the coming hours. something that a lot of people on island of taiwan never thought they'd see, to have missiles rolling through the streets of taipei in front of the presidential palace. this national day parade normally peaceful is strike militaristic tone this year. you talked about the chinese warplanes. not taiwanese airspace, but this buffer zone. when planes enter it the military scrambles its own fighter jets. they deploy anti-missile defense systems and issue radio warnings like this. >> reporter: taiwan is bolstering its defenses. they bought $5 billion in weapons from the united states last year, pam, a bd that includes, as you mentioned, that u

the u.s. was warned not to interfere in its internal affairs, to respect china's territorial integrity and we're hearing from the u.s. side there is some kind of agreement in principle for a virtual summit by the end of the year. the white house has been arguing it needs some channels of communication to establish guardrails between the world's two largest economies, and the white house buzz word is responsible competition, to make sure that a flash point doesn't spin out of control or erupt. and the case in point here is taiwan, where china sent a record number of war planes over the course of a holiday weekend. those flights have tapered off. nonetheless, the u.s. government has issued warnings. take a list tone what anthony blinken, the u.s. secretary of state had to say. >> the activity is destabilizing. it risks miscalculation. and it has the potential to undermine regional peace and stability. we strongly urge beijing to cease its military dip clomatic and coercion directed at taiwan. >>

the u.s. secretary of state antony blinken is light is in france to patch up ties after weeks of strained relations over a canceled submarine deal. he has met french president emmanuel macron and the foreign minister. both sides have agreed there is an opportunity to deepen cooperation. france expressed anger last month when australia tore up a multibillion-dollar defense deal replacing it with a contract with the u.s. and u.k.. french president macron said he hopes he can discuss the simmering issue with the u.s. based on the facts. >> i think we will catch up at the g20. to see how we can reengage. my point, it is not an issue about -- it is an issue about facts and what to do together. >> but tosha has more on this from slovenia -- natasha has more on this from slovenia. >> emmanuel macron said he thought this dinner was a good opportunity for the e.u.'s position. as far as he was concerned, he believes the e.u. should work closely with its historic allies but it should remain more self-rel

secondly, u.s. government agencies, including state and aid really conducted sufficient monitoring or evaluation. the absence of periodic reality checks creates the risk of doing the wrong thing. by that i mean a project that completed, would be required successful, even though it did not contribute to broader more important goals. it's better monitoring the evaluation process, to live programs to combat corruption, developed economy and build the afghan security forces, -- problems to contributed to the rapid collapse of the afghan state. measuring success by focusing on dollars and cents is no substitute for common sense. thirdly and probably more importantly, the u.s. government is not understanding they have been political and cultural context, thereby leading to empowering corrupt power brokers and politicians, forcing inappropriate western technocratic models on afghan institutions, imposing formal western rule of law on a country that addressed most disputes through informal means, and strugg

the u.s. is also building a coalition of nations to advocate for investment in subsets of technology and to better secure supply chains. it is over this discussion we are having today. and there will be -- and i hope that there will be many eu countries in this cooperation on cyber crime and law enforcement collaboration. despite this important and good development, the cooperation on cybersecurity is particularly between the u.s. and eu eu is very much needed now. i will concentrate on for possible dimensions of such collaboration. the first is au, u.s., private sector collaboration level. and last but not least, nato level. the u.s. has already focused its attention on recognition and they also have history of cybersecurity. and this collaboration is not practical. we need, as much as possible, to develop cooperation between eu and u.s. countries. maybe as an example, the development of the u.s., japan, india and australia. building a long-standing collaboration on cybersecurity allowing new

u.s. presidents. among his assignments, he spent five years at the national security council, first as director of soviet affairs under president george h.w. bush, and later as senior director for russia, ukraine, and eurasia affairs under president clinton. in those roles, he helped shepherd the united states through the collapse of the soviet union and establishment of new relationships with the former soviet bloc countries. in 1997, he was named u.s. ambassador to greece, where he helped to expand our bilateral defense relationship and counterterrorism. in 2001, president george bush selected him to serve as u.s. ambassador to nato. he took this post one month before the attacks of 9/11. just one month before 9/11. when the alliance invoked article 5 for the first time in its history. he later served under secretary of state for political affairs. ambassador burns has established a deep understanding of the united states' relationship with china and has been a returning visitor to china

the u.s. is also building a coalition of nations to advocate for invest in the technology and the supply change and it's over the advanced discussion that is we are having today and there will be, and i hope that there will be many eu countries in this for the cooperation and the cyber crime and collaboration. and despite this important and good development, the corporation and cyber security of critical infrastructure, particularly between the eu and the u.s. is very much needed now. and i will concentrate on four possible dimensions of such collaborations. first is eu, us level and the private sector collaboration level and last but not least, naugo nato level. and starting with eu and even though they've focused their attention on the same type and special recognition for critical infrastructure and they also have history of cyber security cooperation, in the few of many experts, this collaboration is not enough and practical. we need it's possible to develop with the u.s. government on the

a u.s.-based christian aid group in haiti says 17 missionaries and family members were kidnapped by a criminal gang saturday as they were leaving an orphanage in port-au-prince. one of the members was canadian, the rest were u.s. citizens. human rights groups warn kidnappings in haiti have tripled since the assassination of president jovenel moise in july and a devastating earthquake in august. in labor news, the union representing u.s. television and film production crews has reached a tentative agreement with an association of hollywood producers, averting a strike of some 60,000 workers just before a midnight deadline on saturday. a tentative deal brings members of iatse, the international alliance of theatrical stage employees, higher pay, longer breaks, and better healthcare and pension benefits. some iatse members are opposing ratification of the contract, saying it doesn't go far enough to prevent short turnarounds between work assignments. immigrant justice advocates on saturday walk

these u.s. attorneys got calls from main justice in d.c., the number two official in the united states department of justice, the trump appointed deputy attorney general in his official capacity telling u.s. attorneys in those states to pursue these made-up claims that president trump was using to cast doubt on the election. in the end, he threatened to quit if trump went ahead with this crazy scheme. but leading up to that, he helped trump use the justice department and federal prosecutors to pursue these claims. it wasn't just him. today, we have learned that former attorney general william barr, who received all this positive attention for his public assertions that there wasn't any significant fraud in the election -- glad you said it. what did he do when he was in office as attorney general? he personally weighed in and told at least one u.s. attorney that he needed to investigate. that attorney general william barr had information that he needed to investigate. he got it from rudy giuliani

but in fact, the u.s. government was fairly limited in its ability to get him out after they withdrew their forces. the effort to get him out fell to this mishmash of private groups that had been working in the past few weeks to get people like aman out. everybody from the founder of blackwater, glenn beck, the conservative commentator who was flying christians and other afghan people out, they tried to help. eric planned to carry out a clandestine operation to g him out. glenn beck worked for a couple weeks to get him on a charter. the problem was that the taliban weren't allowing people out that didn't have passports, and most of aman 's family didn't have one. eventually aman and the arizona national guard folks who helping him turned to an afghan american and -- afghan american interpreter who worked in the military who had been getting people out across the border by land through these routes. it is a very risky effort. it took many days, weeks for them to work out this effort. what it shows is how di

but also to its u.s. friend, because the u.s. state department issued a warning on sunday saying it expressed concern about these military actions by china. and it also repeated the fact that the u.s. would continue to support taiwan's self-defense. going one step further, you've got the u.s.'s national security adviser jake sullivan. he is about to meet in the coming hours with a senior chinese official in switzerland. it is likely that taiwan could be an issue that will be discussed. the u.s. and china do not agree on this. there have also been huge tensions between beijing and washington ever since the final years of the trump administration. but there are signs of perhaps hope ever since a phone call between president biden and the chinese leader xi jinping, a little bes lesit less than a mo ago, where both leaders came to some agreement they need to find a way to create guardrails for the current competition between the world's two largest >> kyon ms. -- economies. >> he said they would abide by the taiwan agreement. remind

what does it mean when you have the u.s. and u.s. and allies and partners and china or another country kind of operating off of different claudette -- how should the u.s. be responding if it looks like we are fragmenting in the area of ethics? >> wow. a i will reveal my ethical shortcomings, just because not just in a bilateral sensory multilateral sense. i won't fall back on where i started in my initial comments. we've got to get the house in order here on questions like that. where are the limits that we will encounter? that has to be informed by conversations. they will be pulled in different directions, and i think there is a role claudette thin these confines to have these discussions. it's clear where the discussion ends. once we've done that, i think there is, and this is based on conversation and other areas with traditional allies and partners, i think there's prospect for a perfect alignment. maybe if the conversation of this is where we are with regard to access to our ecosystem, our markets, the ethical limits that we've

a u.s. official called the latest discussions more meaningful and substantive since previous meetings. 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: thank you very much. juliette saly joining us from singapore. coming up, the credit markets. getting a redhead line across the bloomberg. sterling credit yields talked to percent for the first time since june 2020. moving around in sterling markets. the market is pricing in a rate hike in the u.k. this year. a lot of talk of wage increases, gas on the rise. possibly reflecting from the u.k. conversation in a moment. this is bloomberg. ♪ anna: welcome back to the european market open. 40 minutes until the start of trading. futures pointing to the upside. let's get back to our guest. coming back to you on this redhead line. sterling credit yields topped to percent for the first time since june 2020. reflecting higher costs

the u.s. as significantly elevated. oil at the moment above $83 a barrel. a surprise drop in u.s. supplies and gas inventories also falling to the lowest since 2019. take a look at after hours trading, it was all about tesla. managing to beat third-quarter profit projections despite the fact that we did see supply chain concerns and chip shortages as well. in the after our session were seeing a little bit of downside pressure. ibm reporting revenue that missed analyst estimates. they didn't do that well with the i.t. legacy units and were seeing downside pressure more than 4%. all eyes on what bitcoin was doing because we surpassed that $66,000 level for the first time ever. were talking about a huge rally after days of trading narrowly within the range. now we are seeing it reached that overbought level in the 14 day rsi. the new record could not have come at a better time. after a report, we've seen the rest become history. haidi: here in australia, lots of conversation on the state of the c

his been published in the u.s. a majority of readers will be people who live in the u.s. so what i want to do, what i wanted to do with the title and with this book as a whole is to nudge them into seeing not just cuba differently the idea is if you look at the u.s. from the outside if you look at it from cuba which has the strange entangled with the u.s., the u.s. it's different than what many americans assume it looks like. this book is a history of cuba that also serves as a mirror into the united states that is the idea. >> i think it's part of the underlying theme of the book and a lot of ways. it also reclaims america for the americas. that's a good point of explaining in that introduction. which kind of brings me too my second question. repeatedly you'd write the history that we know. there is a shadow history a lot of us don't know. this was a pattern throughout the book sense the voices have not been heard there so many beautiful quotes i had to stop writing them down. early in the book is a history has lived in opposition far richer and more human than the mix.

they said, mark you know u.s. could not deal with rag tag insurgents of taliban how could they hope to counter magnificent china. and -- they were telling taipei, 1 we invade, you will fall in a couple days and u.s. will not come to your rescue, we know that deterrents is breaking down when china's top two diplomat came to anchorage in middle of march, say we could not talk to china from a position of strength, they were chilling words. mark: they are doing to taiwan now. these overflights in to taiwanese airspace, direct threats to taiwan. they got away with that they did in hong kong, they see u.s. as a paper tiger now. >> they do, they actually use that phrase paper tiger, the images that are circulating around chinese media after the release of the huawei chief financial officer, president biden did that. this is just shows u.s. in an inferior position, this is really a dangerous moment. the chinese know, you know, they should not invade taiwan or they have not invade japan or something like that but i think t

u.s. war crimes. he faces life in prison here. we will get the latest with british writer and activist tariq ali. >> he should never have been kept in prison awaiting a trial for extradition. you should be released. amy: we will also speak wh tariq ali about his new book "the forty-year war in afghanistan: a chronicle foretold." then to the pandemic. wealthy countries have received 16 times mark of a 19 vaccines per person than poorer nations. >> the only way to get to immunity is to vaccinate the world. amy: we will speak to dr. monica gandhi who says she will not receive a booster as a health care worker because of the global vaccine inequity. we will also look at the eminent rollout of vaccines for children as young as five in the united states. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. president biden is announcing a revised framework for his social spending plan today that he expects will gain the support of a

., upset over a u.s.-led deal to sell nuclear submarines to australia, which undercut france's own submarine deal with that country. french diplomats complaining to me and others they had no notice of that. we'll take you live there at the beginning of the meeting to see what the president has to offer to attempt to repair that relationship. a lot coming forward today and in the coming days, erica. we'll be here for it. >> that's for sure. back here in the u.s., jim, a lot of focus on the fda today, expected to authorize pfizer's covid vaccine for children ages 5 to 11 today. that means younger kids could get their first shots within days. that news juxtaposed with thousands of new york city employees, among them police officers and firefighters who could be placed on unpaid leave if they have not received one dose of a covid vaccine by close of business today. the mandate itself has led to protests, city officials bracing for a possible worker shortage come monday. the mayor says city services will conti

second, the u.s. policy under the taiwan relations act is the united states is obligated to provide arms, military equipment and services sufficient for taiwan to be able to defend itself, and that's a legal requirement under the taiwan relations act. and third really the most important principle that undergirds all of u.s.-taiwan policy is that any changes in the status quo between china and taiwan need to happen through peaceful means. in other words, it can happen by military force or coercion and it needs to be acceptable to people on both sides of the taiwan strait. in other words, in china and in taiwan. and so i suspect that is what president biden was trying to refer to briefly. >> what does taiwan want from the united states? >> taiwan wants u.s. support so that they can maintain its free, prosperous, democratic lifestyle and resist intimidation and political pressure from beijing. >> jacob stokes, describe the military buildup: by china. when did it begin and what does it look like right now

former u.s. special envoy for haiti testifies thursday about u.s. policy over recent expulsions of haitian migrants at the texas border. watch live coverage from the house foreign affairs committee at 2:00 p.m. eastern or watch full coverage on our free video app, c-span now. the special inspector general for afghanistan reconstruction testified on how u.s. funding assistance was used in afghanistan during the 20 year war. he said he believed there were more failures than success stories in the country and would look into reports that the former afghan president fled the country with millions of dollars as the government fell to the taliban. >> the subcommittee on the international development, international organizations and global corporate social impact will come to order. good morning, everyone. thank you -- or good afternoon. thank you to our witnesses for the hearing today. lessons from afghanistan. without objection, the chair has authorized to declare a recess for the committee at any point and all members will have five days to submit state

and the u.s. is also building a coalition of nations to advocate for and invest in cyber technology and better secure supply chains. and it's offense the discussion that we are having today, and they will be -- and i hope that there will be many eu countries in this for the cooperation on cyber crime and law enforcement collaboration. and despite this important and good development, the-- critical structure particularly between the eu and the u.s. is very much needed now and i will concentrate on four possibledy mentions of such collaboration. first is eu-u.s. level and then ce level and private sector collaboration level and last but not least, nato level. starting with the eu, and even the eu and the u.s. have focused their attention on the same type, with special recognition of threats for critical infrastructure and they also have history of cyber security cooperation. in the view of many in experts, this collaboration is not in that and practical. we need as soon as possible to develop cooper

biden also said u.s. health officials will soon decide on pfizer on biontech covid vaccines to kids age five to 11. >> we're going to continue protecting the vaccinated. this work, this week, the food and drug administration and the fda is reviewing data on moderna and johnson & johnson boosters. we expect a final decision from the fda and the centers for disease control and prevention, the cdc, in the next couple of weeks. juliette: a weather roiling amina emerges across the pacific, setting the stage for worsening droughts and california and south america. frigid winters and parts of the united states and japan, and greater risks for the world already strained energy and food supplies. the u.s. climate prediction center says the phenomenon could continue until at least february. global news, 24 hours a day on air and on bloomberg quicktake, powered by more than 2,700 journalists and analysts in more than 120 countries. this is bloomberg. dani? dani: juliette, thanks so much, juliette saly in singapore.