nancy pelosi now inc. type a is completely disregard the repeated counseling by the us president joe biden. timing was not right for her to really pie one. she is completely disregarding counseling from the u. s. u. s. military leaders council not to go, because the wrong time me and she completely disregarded the repeated waldis by the chinese government. because china says our visit will hollow out the one china policy will be in violation of the one china policy and will really cause more damage to china us relations. so she is today and tonight she troublemaker in the whole world because she disregarded sanity judgment. and the rash analogy in pursuing her personal goals in taiwan. whether she wanted to use this visit to hide the fact or the husband is appearing cold in the united states. that's another matter. but i think people in this part of the world, people on both sides of the tower straight, do not want to see nancy pelosi because she does not have and the legitimate business in the try, not ar

and i think pelosi the remark was about pelosi, she just shuts it down. she gives you no sign that it bothers her. boehm she keeps going, it is remarkable. she seems to appreciate, understand it is not about her. she always that when politics? >> i think she doesn't show when she is really mad. hillary was running for president, nancy pelosi is running for head of the democratic caucus. it is a smaller constituency.sh she does not need to be an effective and she's not but she does not need to connect with thousands and millions of people. it is a different kind of role. but if you think about how nancy pelosi keeps her position because if youes cross and you e a member of congress, you will pay a price. [laughter] and she rules what the favor file. memberst of congress want favors from her print they want a committee assignment, they want legislation to get a hearing past, right? if you behave in a way that she thanks was not appropriate for that created her problems you are not going to get off scott free will tell you that. if i did ten interviews with

of course nancy pelosi, she wants to do this. is that a chaotic situation or coordinated making it purposely vague? in this case, you know, this is, this is a big question that a lot of analysts have been asking in china over the last several days. clearly there has to be some coordination in so much as we've seen some military movement in tandem with her with her travel. and this would require authorization from the white house, whether or not this was forced on the white house or whether or not the white house, the graduate went along with it. or whether or not it does tell us with, with biden's broader anti china project. it's really irrelevant, i think from beijing position, the bottom line and she appears to be coming and this is very disruptive. top notch in us as, as always we thank you for your time and your thoughts today. joseph gregory mahoney. professor politics at east china normal university, not the united states has an unbalanced position towards china. we just talked about an if i called it's one china policy. wa

how 6 how speaker nancy pelosi to taipei. she kicked off her to a earlier meeting with high ranking taiwanese officials including the deputy legislature speaker and president. ty, ones defense ministry has already accused mainland china of allegedly encroaching on the islands territory and threatened to respond. china hasn't yet commented on those allegations. yes, some of the latest footage saved by chinese media. 21 chinese warplanes passed through ty, once a defense identification zone, and according to basing military sources, drools will include a non nuclear missile launches from the sea, east of the island territory that include alive, fire exercises and coordination between warships and find to a croft, ty ones, islands are states have been put on for combat alert. as chinese media are flooded by foot sheet of alleged military preparations. china had already worn washington of serious consequences of us because visit with him in china will definitely take all necessary measures to resolutely safeguarded sovereignty. a

so it's safe to say that nancy pelosi is trip to taiwan is a big move. she's the highest ranking us politician in a quarter of a century to visit taiwan. but house her trip actually gone down in the u. s. well puzzle. there's certainly been a lot of coverage. all of the networks here were closely following her visit with live coverage of her landing there. and here in washington, there has been a good deal of bipartisan support for the speaker at 26 senate republicans issued a statement saying that they stand behind her. and that they see this trip as consistent with the u. s. as one china policy. and, you know, during the trumpet ministration as china became a key focal point. the accusation had been and continues to be. the democrats have been to week on china, and i was watching fox news, which is the main network for the right wing here. and they were begrudgingly praising nancy pelosi as well, which is quite unusual. but i have to say the voices are makes on both sides of the aisle. so some commentators here pointing out the fact that the doesn't ap

c on why pelosi is making this trip to taiwan now. well, this was actually part of a trip to the indo pacific region. she was there with the congressional delegation . and if you listen to nancy pelosi is been saying, she said this is a trip about security economy and democracy. and she said, we heard that clip earlier that she's come to taiwan in friendship and peace and to show solidarity with taiwan. and the reason that nancy pelosi wants to show that solidarity now, as she says it is china who has been stepping up pressure on taiwan with its saber rattling stepping up, for example, incursions into taiwanese a aerospace and also the crackdown that we've seen in hong kong in recent years, so she has said that it is important to send a message. now it is a strong sign from the speaker of house. i do want to add that this is also very much a signature piece of nancy pelosi, his own agenda. she's been a long standing vocal critic of human rights issues in china, and she actually visited genamin square in 1991 to, to support democracy t

pelosi is trip such a big deal? it's because of the one china policy. taiwan is officially recognized by the united states as part of china. the usa adopted the one china policy in 1972 usa has no formal ties with the government on taiwan and government that was established by the forces who lost out when the communist party to power on the mainland usa has no embassy on taiwan and advocates for taiwan to peacefully re unify with the mainland. this understanding has been key in us china relations for decades in more recent years, as washington drifted toward portraying china as its number one enemy. we've seen washington also drifting away from this policy, hinting at support for taiwan independence as a way just threatened shina. the united states is hollowing out and the blurting up the one china policy. us officials of course, deny that they are wavering on the taiwan issue. but it doesn't help when present biden drops. bombshell statements like this. are you willing to get involved militarily to defend taiwan? i

pelosi is expected to visit taiwan today. plus, bp buybacks. the super major fans to return $3.5 billion of returns to shareholders. the focus is firmly on foreign policy and geopolitics with nancy pelosi, the highest official in 25 years from the u.s. to visit the island. what markets are worried about and is pricing into these european stocks futures is the fact that there is the escalating u.s.-china tensions. unclear on whether this would be trading or whether we could see something worse happening, something happening in the straits. this is the big picture for the commodities and bp is on that wire. they are giving more money back to shareholders and increasing dividends because there was so much profit they were making because of russia's award in ukraine. in terms of the impacts on other oil majors, watch out for shell and we will see if there is profit taking. i am looking at commodities on the back of it. gold at $1174. we are moving towards some of the havens. the key risks are being supported for havens like treasuries. there are al

of course nancy pelosi is the speaker of the house. so she's representing a different branch of government. and it, that would be in line with a shift in the u. s. tone and rhetoric that we've seen on in taiwan america as long as it has a strategic ambiguity policy so that it has official diplomatic ties with china, but unofficial ties to taiwan will continue to support a democracy in taiwan and president biden himself a did a challenge that when he said in may, that he would defend taiwan, the u. s. would defend taiwan of china attacks. those statements will walk back. but still it's important to note that what we're seeing from nancy pelosi this visit, is not entirely out of line with some of the tone and rhetoric that we've seen from the, the white house itself. and more generally, what is the feeling that domestically about her trip to the, to what taipei so there has been plenty of support for speaker policies, visit, and certainly from democrats and 26 senate republicans. i issued a statement today saying they also stand behind t

nancy pelosi is still in taiwan. but at the same time, the response is likely to be far stronger than anything that we've seen in recent years. it is important, of course, for president she jumping not to be seen to be weak on this issue and to be seen to be in control, particularly at what is a very sensitive time for him. but there are concerns also that this will be used as a pretext for more regular, a military aggressions and provocations towards ty, one living golf alonza international editor of taiwan. plus she's joining us fire escape from ty pay good to have you with this dea there. when we heard the, the speeches that were made by the president and, and nancy pelosi earlier on a torn, has very cordial. it was referring to the history that her, that sir there exists between the u. s. and anti wine. and of course, nancy pelosi is on interest in the area. she was awarded the order of propitious clouds, which i understand as a civilian order of the republic of china all very pleasant. but it's the very fact tha

pelosi possibly heading to taiwan. yeah, the initial reaction was that we heard from politicians from both parties who were supportive of her visit almost because of the fact that china was warning against, right. they were saying that she should go because bathing beijing said that she should not. however, now we're starting to hear some more of those voices that are speaking out and questioning why she would even consider embarking on such a visit in the 1st place. especially when it flies in the face of jack, aids of diplomacy between the us and china. here's the latest, i'm not, nothing good will come of it. taiwan will not be more secure or more prosperous as a result of this purely symbolic visit. and a lot of bad things could happen. these include a chinese military response that could result in the u. s. being plunged into in direct conflicts with a nuclear armed russia and a nuclear armed china. at the same time this week with the blessing, the by the ministration, nancy pelosi decided to head to taiwan. it's

that culminated after pelosi arrived. china planned to -- china planned to hold military drills after pelosi leaves and they will entirely surround taiwan and they have already signaled to aircraft and ships not to go anywhere near the zone they are holding these drills in. as she arrived, there was a certain level of ambivalence about pelosi's visit. after she arrived, there has been a positive outpouring of support and and welcome for pelosi on her arrival. there were crowds during her plan as it landed, crowds greeted her when she got to, small crowds reading her when she got to her hotel last night. the question is through her itinerary this morning, she is expected to meet with the president as she is expected to meet with key lawmakers and she is going to have an online meeting with representatives from tft to see what benefits this brings to taiwan. shery: how does this further strained the u.s.-china relationship? >> they called this one of the red lines it, they had warned repeatedly including with a conversation

press is that laurie, nancy pelosi, etc. so it's part of the information war. and it's part of penal for the it is feeding into the fear of the chinese as we have been led to fear russia and fear of russia that are so by definition we're the guy and we're fighting the good. what great discussion as always, alfred desires, professor of international law firm. are you an independent expert on the trash, the order on angelo juliano political on financial analyst. many thanks. not chinese military drills have been marking the 95th anniversary of the creation of the people's liberation army. the head of nancy pelosi potential visit to taiwan chinese navy fleets being carrying maneuvers in various locations according to military sources. drills include the use of weapons on coordination between worships fighter aircraft in terms of the wider geopolitical reaction to watts occurring. moscow for one has given its reaction to the potential business closely to taiwan kremlin spokes person. dmitri pest. golf said, the move would only w

he got along with pelosi pelosi wanted to do business. that's true. he thought that they could they hadn't been able to pass an infrastructure package and he thought that they would have a better chance of passing an infrastructure bill with pelosi as speaker then republicans in control that turned out to be true. yeah much later different president, i think because she wasn't on the impeachment train. he thought she was going to protect him and she was not interested in patient when she was very reluctant to impeachment, but she was no friend of donald trump and she was for two years in the minority incredibly effective at playing a very we can against trump and then when she got the majority she was very effective in playing a much stronger hand against donald trump. we'll take questions from the audience now. we have a microphone in the middle. folks up and start doing that. she's got a question. yeah, great. now my niece brought her here. i just want to be totally transparent hear me. okay, i just want projects gonna be? well, thank y

in responding to this visit by nancy pelosi. kim: vincent chao in taipei, our everyday taiwanese people concerned about the retc ratcheting up of tensions concerned about these live fire , drills that are going to be happening? guest: i think what's unfortunate is that provocations and military intimidation and coercion to a certain degree have become part and parcel of everyday life here in taipei and we've really seen a ramping up of tensions from the drc. -- from that p.r.c.. military jets flying across our air defense identification zone . academic course of actions, including most recently, the banning of a few food products. so it has become just a part of routine life. that has its pitfalls on its own, but it is also an unfortunate consequence of the relationship, or the lack of one we see today. but i do have to emphasize one point, if we take this idea of china meaning the people's republic of china, taiwan has never been part of the prc. and this is a historical fact. there's never been a people's liberation army soldi

what's the immediate take there on pelosi stop? well, like i said, on the one hand we've got this pelosi love fest that being felt in taiwan with the local media. some even, you know, flattering pelosi of her outfits saying she looked like audrey hepburn when she met j. f. k. back in the day, and then we have others who a little bit most get the call back. very conscious of the precarious impact that this visit will happen. one of those being the former taiwanese on boston 2090 pill . what do you mean? hello. see what the hell i doing here right now. i'm all the way here to the board . the table. nice people support yourself. you want to support us to fight against the peoples of duration. army americans always ask us to let more taiwanese people join the army. whenever you come to taiwanda, i want us to buy more weapons from you and fight against the people's liberation army in urban terrain. it's none of your business are here to support a wine or to provoke a war. what the hell are you doing here below? see the relationship betw

on pelosi's visit. from the perspective of taiwan, we understand their political applications for nancy pelosi from both parties in the united states as to why she would go. why would taiwan want her there knowing it would be a major provocation to china? greg: i think they want protection. i think the chinese government, in saying how this is a provocation, we have had lots of members of congress go to taiwan. newt gingrich went to taiwan, lots of house members went earlier this year. i think the chinese are perhaps exaggerating the threat. but they do view it as an intrusion, and i think that we have got a long, cold period without much in terms of trade deals and with the inflation threat may be becoming a little more acute. kailey: greg valliere, agf investments chief u.s. policy strategist, thank you for joining us as we mark this moment in history, house speaker nancy pelosi becoming the first leader of the house to set foot on taiwanese soil in 25 years. you can follow the coverage on bloomberg's

we've seen that with this pelosi visit. so whether they choose to hate the advice of china hair or whether they choose to further test the result of china and continue to send its boats and planes into the airy remains to be seen. let's take a listen now at the rhetoric that son and the developing rhetoric of the past few hours and tricia, those are you sure. such retrogressive moves won't changed international consensus that there's only one china in the world, nor they can reverse the historical trend of reunification of the mainland and taiwan. those who play with fire will come to no good end and those who offend china must be penalized. we resolutely defend national sovereignty and will counter any aggression against national sovereignty. we will strengthen our vigilance with irrational attitude, which won't escalate conflicts a nicki. it's not only but military action is an economic action. whatever they can do and not regard. that's very much to the forefront to which one is already taking beef to impose a quick econ

what's the immediate take there on pelosi stop? well, like i said, on the one hand we've got this pelosi love fest that being felt in taiwan with the local media. some even, you know, flattering pelosi outfits saying she looked like audrey hepburn when she met j. f. k. back in the day. and then we have others who a little bit most get the call. they're very conscious of the precarious impact that this visit will happen. one of those being the former taiwanese on bassett, on 2090 pill. what do you mean? hello. see what the hell i doing here right now, what i'm all the way here to board the table. nice people support yourself. you want to support us to fight against the peoples of duration. army americans always ask us to let more time when his people join the army. whenever you come to ty, why do i want us to buy more weapons from you and fight against the people's liberation? army in urban terrain unites none of your business are here to support. i want you to provoke a war. what the hell are you doing here? lucy, the relationship

only pelosi will benefit from the elusive visit. that's all pelosi visit will attention across the taiwan straits, which has no benefit at all for the taiwan people. i really hope that the americans will not come around to mess things up so that we can live a peaceful life in all of this. it's also been notable to see how the white house has responded to this. right. you've got president biden, who himself has admitted that the u. s. military did not think this trip was a good idea that they concerned about the ways in which you would increase tensions between the us and china, exactly as we have seen. and then at the same time, you also had secretary of state lincoln who spoke out and said that the decision was entirely up to nancy pelosi herself. and you think about all of the possible ramifications that could come out of this between the world's 2 largest economies. and yet you have the white house sitting there saying it is the speaker of the house who is allowed to make this decision and to do something that would lead to the c

pelosi is trip such a big deal. it's because of the one china policy. taiwan is officially recognized by the united states. as part of china usa adopted the one china policy in 1972 usa has no formal ties with the government on taiwan and government that was established by the forces who lost out when the communist party to power on the mainland. the usa has no embassy on taiwan and it advocates for taiwan to peacefully re unify with the mainland. this understanding has been key and us china relations for decades in more recent years as washington drifted toward portraying china as its number one enemy. we've seen washington also drifting away from this policy, hinting at support for taiwan independence as a way to threaten shina. the united states is a hollowing art and blurting up the one china policy. us officials of course, deny that they are wavering on the taiwan issue, but it doesn't help when president biden drops bombshell statements like this. are you willing to get involved militarily to defend taiwan? if

pelosi is trip such a big deal. it's because of the one china policy. taiwan is officially recognized by the united states. as part of china usa adopted the one china policy in 1972 usa has no formal ties with the government on taiwan and government that was established by the forces who lost out when the communist party took power on the mainland. the usa has no embassy on taiwan and it advocates for taiwan to peacefully reunify with the mainland. this understanding has been key in us china relations for decades in more recent years as washington drifted toward portraying shina as its number one enemy. we've seen washington also drifting away from this policy, hinting at support for taiwan independence as a way just threatened shire. the united states is a hollowing art and blurting up the one china policy. us officials of course, deny that they are wavering on the lawn issue, but it doesn't help when present biden drops. bombshell statements like this. are you willing to get involved militarily to defend taiwan? i

local media as some even you know, as flattering pelosi as her outfits thing. she looked like audrey hepburn, when she met j. f. k. back in the day and then we have others who are little bit more skeptical. they're very conscious of the precarious impact that this visit will happen. one of those being the former taiwanese ambassador danny nannie pill, what do you mean below? see what the hell are doing here right now, i will come all the way here to support the taiwanese people. suppose yourself, you want to support us to fight against the people for variation. army americans always ask us to let more time when these people join the army. whenever you come to taiwanda, mo, want us to buy more weapons from you and fight against the people's liberation army in urban terrain. it's none of your business. i'm here to support a wine or to provoke a war. what the hell are you doing here? below sea, the relationship between the mainland and taiwan is already very tense. you are supporting to wind, but we don't need your support. you are literally purring oil on the fla

pelosi could be landing any moments. local reports are suggesting she could land within the hour in defiance of beijing. michael pillsbury is from the hudson institute and in charge of chinese strategy. a really important moment for these two countries to see how china will respond if she does touchdown in taiwan. allocations that she will. we're about to turn for our viewers there. new images of the tallest building in taiwan flashing speaker pelosi, welcome to tw. do the benefits of her visit outweigh the risks knowing china has been warning the united states not to have her visit there? >> yes, the benefits are definitely that she makes the trip. she needs to update her own knowledge of taiwan from her last visit many years ago. i think she will come away understanding the military balance shifted against taiwan. we need to do a great deal more to help taiwan improve its self-defense and get a feel for the new female president of taiwan who has been in office five years now. she is a lawyer and she is very concerned t

over speaker pelosi's visit to taiwan. this is bloomberg. ♪ heidi: china has announced a series of military drills near taiwan after nancy pelosi right on the island. let us continue our analysis of the market reaction with annabelle. what are you seeing? annabelle: we have been here a lot about this from a different investors, they have been looking at a lot of different scenarios in the ways that china could respond simply an invasion of taiwan. these are some of them. for instance, take one of the islands in the taiwan strait that would limit taipei's response or exploit a key vulnerability there. they could impose a fuel blockade as well. they have also raised the possibility that they could take control of the taiwan's border. these are some scenarios we are looking at here. what that means is it would really have serious ramifications for the relationship between beijing and washington. it would reset their relations. they are looking at what that means for taiwan, take a look, taiwan's key partners are china and t

you heard nancy pelosi's initial remarks. i think the key takeaway as we look back on what she mentioned is the fact that she has said that the trip was to make it clear that the u.s. was not going to abandon taiwan. >> absolutely. there is nothing earth shattering or earthshaking from nancy pelosi's comments. full of pleasantries that she received that medal of honor award from the president. she did say what i expected her to say and that is that the united states stands by its commitment under the u.s. taiwan relations act to support taiwan despite the pressure it receives from mainland china. now they are behind closed doors. now they're getting to the meat and potatoes of the real discussions. perhaps they will talk more about the chip industry and the like and what the possible response from china is going to be and has been so far but at least publicly, it was full of pleasantries even though china's agency posted a number of comments while pelosi and taiwan were speaking, condemning the visit as well as saying taiwan

honestly, whether it's nancy pelosi _ now? honestly, whether it's nancy pelosi or _ now? honestly, whether it's nancy pelosi or president i now? honestly, whether it's nancy pelosi or president by making statements that united states will defend taiwan all this political manoeuvring to get the logic they want to signal their commitment but it's not helping, just provoke beijing gives them the moral ground and does not address the issue at hand which is the united states military capability to defend taiwan. you believe this was not helpful at all, perhaps she should have decided not to go? it was just the initial decision i would have strongly urged her not to go but once the white house clearly indicated they wanted her not to go then i thought she had to. it is convoluted but a big part of her strategy is to convey to beijing the separation of powers and united states, the white house can't dictate what congress does. the white house couldn't prevent nancy from going but we will have headaches when it comes to congress passing other legislation, arms sales and all sorts

nancy pelosi touched down in iowa. our response to the visit. china begins military drills all around tie. one thing that will include non nuclear missile launchers off the sea, just east of the island. i. beijing had already been boosting its activity near the self rule territory, while ty, one's islands are said to have been put on full, come back a lot. meantime, people in taiwan itself are pretty anxious over the u. s. house speakers, the trip members or the public, told us that u. s. just wants to spread its power and influence with lucy, touch china's bottom line. she touched the red line. so both the u. s. and china have to take actions accordingly. they just use taiwan to get their attention for domestic market. unless these business will add tensions across the taiwan street. i really hope the americans won't come around to mess things up so that we can live a peaceful life with it is 11 pm here in moscow. and just off to 4 am in taipei, taiwan, which is where you as how speak a nancy pelosi is currently huddl

house speaker, nancy pelosi's visit to taiwan. it is a historic moment, marking the highes ranking visit by an american official to the island and 25 years. this is that moment she arrived. there is nancy pelosi, leaving the plant the airport where she was initially met by a small delegation. in a statement, ms. pelosi said the american solidarity with taiwan was more important than ever as the world faces a choice between autocracy and democracy. for china, the visit is a provocation. >> china has on many occasions made our position clear on this. we are closely following the itinerary of speaker pelosi and if the u.s. continues down the wrong path, we will take strong and resolute measures to ensure our sovereignty and security interests. kasia: let's take a look at why this visit is such a historical one. taiwan is a self ruled island, but taiwan -- but china sees it as a breakaway province. china has not ruled out the use of forth to seek unification and opposes officials having state visits with taiwan. you can see it has bee

if this were, let's say, hypothetically, it's all about pelosi, this is her idea. her objective and her, you know, really stressing it for the limelight. is there a specific objective? do you think she's trying to achieve? i think the truly a question of who's interested they, they represent the united states ruling classes and class. and it's to, you know, it's too dumb and treated the political parties they've, they've never represented the interests of old americans. and therefore, it's not surprising that many of their policies have never really had the whole hearted support of all 3 americans. they representing very powerful, big business, american big business interests that extend around the much of the world. and i think that's the, you know, that's the driving force. they clearly got china as a major economic rival, a been very jealous of the, of china's efforts to, to extend economic programs that to everybody's benefit to other countries. they've done their best to undermine showing those bills and road initiatives and it's investments in africa. you kno

this is what happens after nancy pelosi's visit.— pelosi's visit. that's right. this very controversial _ pelosi's visit. that's right. this very controversial visit - pelosi's visit. that's right. this very controversial visit by - pelosi's visit. that's right. thisl very controversial visit by nancy pelosi _ very controversial visit by nancy pelosi has — very controversial visit by nancy pelosi has led to a lot of escalation, and it doesn't look good, — escalation, and it doesn't look good, taiwan raising the self —— itsetf— good, taiwan raising the self —— itself or— good, taiwan raising the self —— itself or blockade. it is rather worrying _ itself or blockade. it is rather worrying. i'm not sure there was ever— worrying. i'm not sure there was ever any— worrying. i'm not sure there was ever any support at all for nancy pelosi _ ever any support at all for nancy pelosi doing it at this particular moment, — pelosi doing it at this particular moment, in taiwan now looks like they're _ moment, in taiwan now looks like they're in— mome

and they were begrudgingly praising nancy pelosi as well, which is quite unusual. but i have to say the voices are mixed on both sides of the aisle. so some commentators here pointing out the fact that there doesn't appear to be a strategy from nancy pelosi that she doesn't have a concrete outcome from this visit that she can achieve. and secondly, that the timing is not ideal because because the u. s. is already engaged in another huge security challenge, namely the war in ukraine. and that, that is going to be difficult to balance. and there is the concern that the u. s. it might be on a collision course, essentially with 2 world powers, china and russia by aggravating china with a visit like this. and this comes at a time where beijing and moscow have already been deepening their alliance. so the concern pablo being that this could push them even closer into each other's arms if you will. suit me. what about the white house? where does president biden stand on nancy pelosi visit? well, it is a very complex issue. i mean, the white house, as you mentioned, presid

moved by nancy pelosi. absolutely. and you know, you look at those long term effects for both the us and for taiwan. and it is notable because the politicians that were supportive of her wanting to go to taiwan in the 1st place. they seemed to almost be saying that they supported it because paging was warning against it. and even when it comes to those reports of whether or not asian would move in an attempt to take taiwan, there were also reports saying that the u. s. officials were not confident that that was the case that they were not confident that that was basic plan. and so for a number of those people there in taiwan, they're likely looking at those long term effects on themselves as they are the ones who have to deal with the room vacations directly. while politicians like nancy pelosi you get to get back on their play in and go back to the united. yeah, well we're, we're, we're just waiting to see if a citing when the time to use leader would meet sir. so we're just stay with those pictures in the moment. ric

so nancy pelosi goes to taipei. what's the effect of that? well, we don't need to guess the chinese government has said repeatedly and clearly that if nancy pelosi lands in taiwan, it could trigger a global war. watch a chinese spokesperson said there would be serious consequences for the visit over the weekend conducting military drills at sea if house speaker pelosi insists on visiting taiwan, china will take resolute and strong measures to defend its sovereignty and territorial integrity.

she will reportedly go to taiwan, talking about speaker pelosi. tom: international relations are front and center today. i would say that the ante is up. listeners on global wall street, honing in on 10:00 a.m. wall street time. i agree that this is front and center for the global economy. jonathan: the unknown, how will china respond? when she was set to go back in the spring the rhetoric was a little different than the rhetoric we are experiencing now. tom: the answer is that we don't have a clue, it is original thinking. it will be interesting to see some look back, look forward. jonathan: it is not just your politics. we have jobs opening data later on top of all of the fed's becoming through this morning and this week. lisa: so much of the market moves has been that there has been a rollover in inflation. the labor market will start deteriorating and give the fed or reason to pull back. do we see that in job openings that depleted 11 million? how much do they come down, how quickly, and how much does that give the fed confidence ahead of jobs

that's as you as how we can nancy pelosi begins. her official visit to taipei, despite numerous warnings from beijing. china is stronger, condemned to visit it, saying it will with the leukemia defend its territorial integrity and accuses the u . s. of provocation. this again proves that some us politicians have become the troublemakers of china. us relations in the u. s. has become the number one savage or of the peace instability of the taiwan strait. and people in taiwan itself, all anxious over the u. s. health. because trip, members of the public told us the us just wants to spread its power and influence not help them. the lucy touch, china's bottom line, she touch the red line. so both the u. s. and china have to take actions accordingly. they just use, tie one to get our attention for domestic market flow. she's to visit, we'll add tensions across the taiwan straits, which has no benefit at all for the taiwan people. with it's 6 am in moscow, 11 am in taipei and you with ot international with coming to life on the russian ca

on nancy pelosi's plan trip to taiwan. let's get to our breaking news editor in taipei, and stephen engle for more. what do we know about this trip? >> u.s. house speaker nancy pelosi is expected to arrive in taiwan tonight around 10:00 p.m., according to local media. pelosi is scheduled to visit the taiwanese president around 8:00 a.m. tomorrow morning before heading to meet with lawmakers and leave taiwan around noon tomorrow. this is a significant visit, a landmark visit because this is the first time in 25 years someone in lucy's position has visited the democratically ruled island. the trip is sensitive because of pelosi stature, she is second in the presidential line of accession. that's why china warned of grave consequences if pelosi does visit taiwan. u.s. president biden made comments topically that it's not good for pelosi to visit taiwan for right now. despite the pressure and tension, if she sticks to her plan to visit taiwan and both parties from the u.s. congress voiced support for her position, saying it is

the headlines: nancy pelosi, the us house speaker, is in taiwan for a hugely controversial visit. the white house tries to manage the tensions. the united states will not and does not, will not seek and does not want a crisis. we are prepared to manage what beijing chooses to do. the killing of ayman al—zawahiri — washington says the taliban broke an agreement not to allow foreign militants on afghan soil. the house that was targeted in the drone strike is just a few minutes away. but the taliban are not allowing anyone to film nearby, insisting there is nothing to see. one even pointing his gun threateningly towards us. shrinking glacier streams in the himalayas are creating a water crisis — we have a special report on getting tap water to villages. hey, josh, it's gillian, how are you doing? very well, thank you. how are you? and the glasses allowing deaf people to see real—time conversations, right in front of their eyes. live from our studio in singapore, this is bbc news — it's newsday. hello and welcome to the programme. nancy pelosi, america's third highest rankin

we've seen that with this pelosi visit. so whether they choose to have the advice of china here, or whether they choose to further test the result of china and continue to send its boats and planes into the area remains to be seen. let's take a listen now at the rhetoric. that's the developing rhetoric of the tissue thought you should search retrogressive moves won't change the international consensus that there's only one china in the world, nor they can reverse the historical trend of unification of the mainland and taiwan . those who play with fire will come to no good and, and those who offend china must be penalized. we resolutely defend national sovereignty and we'll counter any aggression against national sovereignty. we will strengthen our vigilance with a rational attitude which won't escalate conflicts, nicki, it's not only a button military action is an economic action, whatever they can do and not regard. that's very much to the forefront to which one is already taking beef to impose a quick economic cost on hig

how sick, how speaker nancy pelosi to taipei. she kicked off her to an earlier meeting with high ranking taiwanese officials, including the deputy legislature speaker and president. ty one's defense ministry has already accused mainland china of immediately encroaching on the islands territory and threatened to respond. china hasn't yet commented on those allegations. yes, some of the latest footage shaped by chinese media. 21 chinese warplanes pos to tie ones, aid defense identification zone. and according to basing military sources drills will include a non nuclear missile launches from the see east of the island territory. they'll include alive, fire exercises, and coordination between warships and fine to a coughed tie, one's islands. all states have been put on for combat alert. as chinese media are flooded by foot, feet of alleged military preparations. china had already warned washington of serious consequences of us because visit with him in china will definitely take all necessary measures to resolutely safeguarded sover

some welcomed pelosi's support for taiwan. >> the speaker of the house, nancy pelosi, has been supporting taiwan for decades, and it's very important for me as a taiwanese to be here tonight to welcome her. >> reporter: others accuse her of escalating tensions. >> translator: right now pelosi and the united states are treating taiwan as a chess piece. once she lands in taiwan, mainland china will retaliate using their own methods. >> reporter: china's foreign ministry calling pelosi's stop in taiwan a severe impact on the one china principle. taiwan says cyber attack knocked some government websites offline. no immediate claims of responsibility. beijing calls taiwan a break away province. the mainland rulers have never controlled the island of almost 24 million people. they refuse to recognize faye juan's democratically elected government. there is an ongoing campaign of bullying by beijing using the economic power to isolate the island. in a washington post op ed pelosi writes, in the face of the chinese communist party's accelerating aggression, our congressional delegation's visit sho

guest: speaker pelosi is a human being. speaker pelosi is number three in the line of succession. from the chinese perspective, this was not simply somewhat -- some representative, this was the number three person in our government visiting. that, from the chinese perspective, was tandem to an implicit statement that the u.s. is supporting taiwan. from beijing's perspective, there is no legitimate reason for any politician of any stripe, mayor or president, to go to taiwan. for the number three person -- and a key figure in our legislative branch, which, -- that is a political statement on our part. they are sending a political response, using weapons saying, fine. understand you are doing something serious, we are doing something serious, too. host: there was a phone call between president biden and president xi before pelosi's trip. what do we know of that conversation? guest: sadly, very little. it is surprising. the u.s. readout of that was a paragraph long from a two hour conversation. they mentioned they talked about climate change and human rights. the chinese issued a thre

earlier i spoke to did other me hello corner about nancy pelosi visit to ty one. i asked her why many top figures from the bite and administration had urged pelosi not to go. well, there is, of course, a fear that any kind of misunderstanding or such a trip it would be seen as a provocation that would merit an escalation of by china. and although china has no interest in a full escalation, we see that says buy is essentially exports blocked into china of certain taiwanese goods, but not the most important one, which is the electronic chip, or production of 50 percent of which are she takes place in taiwan making it as sent a piece of global supply chains and also vital for china's export industries. and china too is not determined to let itself be harmed by this. and what we've seen is the u. s. portraying this as routine which it isn't as somebody that high level is speak of the house that kind of visit is 25 years ago. and while at china, them saying that this is a provocation. when really what nancy pelosi is saying is every affirmation of pledges, the u. s. ha

how sick, how speaker nancy pelosi to taipei. she kicked off her to a earlier meeting with high ranking taiwanese officials, including the deputy legislature speaker and president, ty ones defense ministry has already accused mainland china of immediately encroaching on the islands territory and threatened to respond. china hasn't yet commented on those allegations. yes, some of the latest footage shaped by chinese media. 21 chinese warplanes pos to tie ones, aid defense identification zone. and according to basing military sources drills will include a non nuclear missile launches from the sea. east of the island territory that include alive, fire exercises, and coordination between warships and find to a coughed tie, one's islands. our states have been put on for combat alert. as chinese media are flooded by foot sheet of alleged military preparations, china had already warned washington of serious consequences of us because visit with him in china will definitely take all necessary measures to resolutely safeguarded sovereignt

consequences from china. pelosi says us support for taiwan. this democracy is unwavering. but beijing considered the island part of its territory. in response has bound to launch what it calls targeted military actions around the island. sharp returns, the reports from washington, d. c. after days of expectation, nancy pelosi landed in taiwan the 1st time a u. s. how speak has built that type paying 25 years. at the airport, she was greeted by taiwan foreign minister and stuff from the american institute in taiwan, the de facto u. s. embassy anti pe hi pace tools building also proclaimed its welcome. soon after her arrival, pelosi tweeted that her visit was part of an ongoing effort to support democracy against autocracy. comparing it to a trip to ukraine in april. but also after she touched down, there was swift condemnation from beijing. alan announcement that live ammunition drills would take place surrounding tie, one of the white house national security spokesperson, john kirby emphasize as the house for several days. there's been no chan

what are the chinese saying about pelosi's trip? >> peter: the chinese are saying the people's liberation army is not going to stand idly by if speaker pelosi dares to visit taiwan, they believe belongs to china. the white house is responding to the latest threat. >> we are not -- we shouldn't be as a country intimidated by that rhetoric or the potential actions. this is an important trip for the speaker to be on and we'll do whatever we can to support her. >> peter: the first few days between president biden's first quarantine and second quarantine, he did promise no new taxes on anybody making less than $400,000 a year. but, the non-partisan joint committee on taxation has a new report finding that just not true, and that "by 2031, when the new green energy credits and subsidies provide an even greater benefit to those at higher incomes, those earning below $400,000 are projected to bear as much as two-thirds of the burden of the additional tax revenue collected that year." joe manchin has also promised in the past no new taxes. >

so nancy pelosi goes to taipei, what's the effect of that? well, we don't need to guess the chinese government has said repeatedly and clearly that if nancy pelosi lands in taiwan, it could trigger a global war. are you here to provoke a wall or to start a wall? what the hell are you doing here? hello, see? so we've heard a reaction out of beijing. we've heard a bit of muffled reaction out of washington dc. what about the rest of the world? it's rather quiet at the moment we have any other international reaction to that. yeah, you know, is interesting because earlier this week when policy was in singapore, the premier, there actually said that the focus needed to be on maintaining stable relations between the united states and china. that that was something that was in all of their best interest in the region. at the same time, we've also heard from moscow a spokesperson for the kremlin, spoke out and referred to this trip as extremely provocative, noting that russia stands with china and also not moscow understands that frustration that is c

now speaker pelosi's visit shrouded in secret until the last moment. people lined the streets of taipei in the predawn hour to see her motorcade. the tallest building in town you saw it there for a moment lit its windows for the message, thank you nancy pelosi, welcome to taiwan. why is she there? today she explained in an op-ed published by the washington post. pelosi wrote, in the house of the the, our visit should stand to show america stands with taiwan as it depends itself and its freedom. the chinese foreign ministry publicly condemned this visit calling it a serious violation that seriously infringes upon china's sovereignty and territorial territory. >>> so what's at stake here? and what me s&l is china really sending. joining us now dr. ariana skyler maser. nice to have you on the program. this is your expertise, china's policy just to be clear here for our viewers. taiwan is a democracy but it's still officially a part of china. what's the problem here? >> so that's a very complex statement you just made. the u.s. position is we acknowledge t

nancy pelosi shaking the tree with that visit. china encircling the island, setting the stage for arguably some of its most provocative actions in decades. that is the position for some assets we have. chinese dollar below the 2020 level. we have the treasury market and focus. talking about that with fed officials fighting investors. helping to trigger a surge in yields, reminding traders they are in for the long haul in the fight against inflation, and don't think they are going to reverse course early next year. david: absolutely. mr. bullard was the latest to chime in and say to your point, we will be here for at least some time. and that narrative that the fed was about to turn, to your point, the bottom of your screen, 18 basis points in the 10 year yield. that has only happened six times in the last 10 years or so. yvonne: this was something the market kind of created, this fed pivot. yes, they took the words from jay powell saying maybe the hikes would be less aggressive and it could slow down later this year, then they wen

pelosi's vehicle." this is the same pelosi team that told us there was no mugshot. so take that with a grain of salt. so if pelosi's lawyer says there was no one else in the car, will they be asking for a retraction from abc? well, pauly p's lawyer said i have no information whether or not that will be pursued. hmm. that's not all. what if i told you there was another paul pelosi in napa county, arrested for drunk driving in 2018, who hired the same lawyer, amanda bevins, and got off with a misdemeanor slap on the wrist. we found that less nugget buried in the napa county court website, but both defense teams say it's not the same guy. they have different birthdays. what are the chances of two paul pelosis, drunk driving around napa,s getting busted for duis, and using the same defense attorney? i mean, they must have -- what's the chance? what we do know, we've never seen anything like this in our lifetimes before, have you? a defendant with two full-time defense teams running interference, and no one playing the role of prosecutor. this would be like marcia clark