this goes to the senate which will take this bill up in the next couple of days and president biden in the past has said of this bill lands on his desk, you will sign it. washington lawmakers are divided by many things but on this particular issue, republicans and democrats have given a bipartisan support at the heart of this issue is their concern over tick—tock�*s chinese owner but is worried thanis chinese owner but is worried than is the national security concerns because they're worried that the data from us users will wind up in the hands of the chinese government. they're also concerned that the chinese government is using it as a platform to promote their propaganda and to many of the users who were young and uses a primary source of their

information. at this bill means is that they will have come if it passes, they will have up to a year to sell its shares or it will be banned in the us. find will be banned in the us. and e es will be banned in the us. and eyes tiktok — will be banned in the us. and eyes tiktok responded? as . will be banned in the us. and | eyes tiktok responded? as his conversation _ eyes tiktok responded? as his conversation has _ eyes tiktok responded? as his conversation has been - eyes tiktok responded? as his| conversation has been bubbling along, they say it will stifle free speech for its users and it also heard of users who use the platform to promote their products. the company argues that tiktok creates $24 billion of the us economy and also, china's commerce secretary is spoken out saying that they will not sell their shares and they will not be handing over they will not be handing over the technology behind it. we've been watching the developments in the middle east very closely, after last friday's strike on iran.

us officials have claimed israel was behind the missile attack on military targets in the city of isfahan, but israel officials have yet to confirm that. we saw some volatility in the oil price after the attack, but things have settled now. i spoke with renowned strategist david roche of independent strategy, and asked him how further escalation of this conflict could impact the global economy. i think it will give a momentary pause in escalation but the israelis have done nerves no doubt, they have had the military base and only by the military base and only by the hundred ten km away from the hundred ten km away from the nuclear site and very significant because part of it they did was wipe out a radar and anti—aircraft since missile at that side which were to protect the nuclear facilities to the north. so, the message

is very clear, fire trench missiles and nothing was hit and we fired three missiles that you and we actually wiped out the defence of your nuclear research and creation of plutonium for bombs just beside the facility itself. that is a big message. and i suspect they gave iran room to say, it was nothing, etc. but he gave them room to backtrack and they have truly done that because they realise their potential. how do ou see realise their potential. how do you see this — realise their potential. how do you see this impacting - realise their potential. how do you see this impacting the - you see this impacting the global economy? this may continue to ramble on. find continue to ramble on. and probably — continue to ramble on. and probably quieting _ continue to ramble on. fific probably quieting down by continue to ramble on. fific probably quieting down by the escalation over the longer—term, israel will never accept a nuclear iran. and

therefore, it will see the meltdowns and economic problems that come with that but for the moment, it is clear that israel has allowed a lot of room to back down the blitzing very clearly, iran, view striker territory, there is no more proxy veil of deniable responsibility. we will rip that fell apart if you strike us, we will strike you directly on your territory. being an election year. the us is very satisfied with that and it will not take part in the offensive actions. they remain the policy and give joe

actions. they remain the policy and givejoe biden enough room to say, i'm supporting israel but i'm not involved in the offensive actions and i'm critical of the human rights issues involved in the warfare against hamas.— issues involved in the warfare against hamas. your remarks on what they'll _ against hamas. your remarks on what they'll be _ against hamas. your remarks on what they'll be doing _ against hamas. your remarks on what they'll be doing with - what they'll be doing with interest rates and mature outlook on that?- interest rates and mature outlook on that? you still get cuts in interest _ outlook on that? you still get cuts in interest rates - outlook on that? you still get cuts in interest rates but - cuts in interest rates but there'll be two or three but they will be delayed because they will be delayed because they need further convincing and the last mile and it has been i—i and the last mile and it has been 1—1 and they do not have that yet. it will be slower, possibly one less this year but nevertheless, i think they'll definitely be the trend. in recent years, mexico has experienced a major uptick in capital investment, largely through the phenomenon known as �*nearshoring'. amid the trade war between china and the us, scores of chinese companies have been taking advantage

of conditions in northern mexico to get around us sanctions on chinese goods by making those same products in mexico instead. at the same time, some big us firms have relocated from asia to mexico too. while nearshoring has undoubtedly provided the mexican economy with a major boost during the global economic downturn, many are asking if the boom can last. our mexico correspondent, will grant, reports from the northern city of monterrey in other news, made in mexico but owned by china, the furniture company a part of the business. scores of chinese companies relocated to industrial parks in northern mexico to bring production close to the us market with shipping and the final product is considered 100% mexican. the avoid tariffs and sanctions imposed on china and the worsening trade war the us.

general manager says the move to mexico mixed economic and logistical sense. fortunately people have ambitious plans to expand stability of the triple or even quadruple production, he says. the intention is to bring her production levels up to that of our factories in vietnam. whether it's furniture is, t—shirts or carports, the skilled labour force are is, t—shirts or carports, the skilled labourforce are mixed mexico an attractive prospect to chinese companies. as more chinese firms reach that conclusion and set our factories here, it's been an important shard the mexican economy, particularly post covid—i9 pandemic. and the industrial park in the city. demand for plots is sky—high with every available space already sold and it is little wonder many economists say chinese interests in mexico is no passing trend. the question

is how much — no passing trend. the question is how much of— no passing trend. the question is how much of that _ no passing trend. the question is how much of that trend - no passing trend. the question is how much of that trend we l is how much of that trend we can take _ is how much of that trend we can take advantage of because 'ust can take advantage of because just as — can take advantage of because just as mexico's thinking, pe0ple _ just as mexico's thinking, people have in the same discussions in columbia, vietnam, costa rica. and tesla has announced _ vietnam, costa rica. and tesla has announced plans _ vietnam, costa rica. and tesla has announced plans to - vietnam, costa rica. and tesla has announced plans to set - vietnam, costa rica. and tesla has announced plans to set up| has announced plans to set up in mexico too, will be in the country replaces china as the us parts was main trading partner. a significant change in summer caution of the wider geopolitical struggle. the united states _ geopolitical struggle. the united states is - geopolitical struggle. tie: united states is having problems with this in mexico does not have the current administration, we are willing to deal with this triangular

relationship.— to deal with this triangular relationshi. ., , relationship. cross war between surnerpowers — relationship. cross war between superpowers but _ relationship. cross war between superpowers but mexico - relationship. cross war between superpowers but mexico must l relationship. cross war between l superpowers but mexico must be pragmatic if he wants to reap the long—term benefits of this new, often hostile, treed arrangement. —— trade. in other news, tesla has slashed the prices of its cars in some of its major markets, after similar price cuts in the u s. the price of its model 3 was trimmed both in china and germany by about $2,000. all this comes after elon musk�*s company reported that global deliveries fell for the first time in four years last quarter. tesla has also been grappling with declining sales amid tigher consumer purse strings, and a price war in the world's largest auto market china. speaking of elon musk the billionaire has postponed his upcoming trip to india, where he was due to meet prime minister narendra modi. taking to his platform x he cited his obligations at tesla as cause for the delay, but that he is looking forward to visiting the country later this year. geopolitical tensions saw markets in the us pullback last friday,

with the nasdaq was the worst performer, falling 2 percent. and that's it for this edition of asia business report. thanks for watching.

hello and welcome to sportsday — i'm lizzie greenwood—hughes, the headlines tonight. manchester united survive one of the greatest fa cup comebacks ever. jude bellingham scores a late winner for real madrid in a classic — el classico and it's a world record breaking london marathon for kenya's peresjepchir—chir. also coming up on sportsday. find out why kaspar ruud takes a dip, fully clothed in barcelona.

we're starting with an extraordinary game of football at wembley stadium today where manchester united survived one of the greatest fa cup comebacks to reach the final. they beat the championship side — coventry city on penalties but only after first throwing away a 3nil lead and being let off after coventry had a goal disallowed in extra time. and united very nearly lost the shoot out as well. but coventry missed two to their one. so they scraped through to set up an all—manchester final next month. the way we did it, we should have managed better, it is a huge performance in analysing this game, totalling control and playing very well in squaring great goals but then we allow them to return in the

game and we should not allow them. i don't think any other team is been this close to getting to a final and they, i don't think they deserved it. i think we deserve to go through literally seconds away and offside is ridiculous but it is what it is. 0ur correspondent andy swiss was watching at wembley, he says united will have to put on a much improved performance, if they're to beat their rivals from across manchester in the final. and manchester united have thrown — and manchester united have thrown away a three goal lead against — thrown away a three goal lead against the championship side, goodness knows what that would've meant and manchester united _ would've meant and manchester united co—owner, he was in the crowd _ united co—owner, he was in the crowd and — united co—owner, he was in the crowd and what he would've made of it away— crowd and what he would've made of it away possibly with admin for a — of it away possibly with admin for a had _ of it away possibly with admin for a had united lost from being _ for a had united lost from being three goals up and we can only speculate. as far as united _ only speculate. as far as united are concerned, they

would _ united are concerned, they would need to perform far better— would need to perform far better than they did today and that final against manchester city and — that final against manchester city and a repeat of last years final, — city and a repeat of last years final, city— city and a repeat of last years final, city one last year united _ final, city one last year united will be hoping that they can turn— united will be hoping that they can turn things around in the final— can turn things around in the final this _ can turn things around in the final this year but they want to show— final this year but they want to show an awful lot more composure than they did against coventry— composure than they did against coventry city. in the premier league, everton's hopes of staying up were given a huge boost when they beat relegation rivals nottingham forest 2—nil. but the result left forest fuming — and the fa are investigating after the club posted an incendiary social media statement. forest posted "three extremely poor decisions — three penalties not given — which we simply cannot accept. we warned the pgmol that the var is a luton fan before the game but they didn't change him." there's been no response yet from the pgmol — who are in charge of officiating in the premier league. it is a very poor decision of anthony taylor, a very poor decision of the var, a very poor decision, and it is happening to us over and over again. it is difficult to tell the players