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Good evening. 41 people have died after their small boat capsized as they were trying to make the crossing from tunisia to italy, the latest in a string of tragic incidents in the mediterranean. Also on the programme, joe biden is expected to issue an Executive Order banning Private Equity and Venture Capital investments in some Chinese Technology companies, well get reaction from two congressmen that sit on the select committee on china. Meanwhile, china has fallen into deflation, with global Cost Of Living issues impacting the demand for products across the economy. And if you are the type o...

Lost ground. during the pandemic lots of factories, lots of shipping lines and transportation, cargo shipments and so on, lots of things were shut down and were not used and people were furloughed or laid off. so there was a huge demand and supply mismatch coming out of the pandemic which pushed prices. and of course the ukraine war and energy prices on top. china has not really had any of that. the problem that china has is that demand in the economy is chronically weak. that is why prices are so weak as well. so what does beijing have added is special to remedy the problem? that is the ga sp...

Think it's a win for the united states. >> what about the fact as the president as recently in yesterday was expressing doubts it was just russia alone, it could have been anybody who hacked the election and demeaning the intelligence community by bringing up the faulty, you know, tragically faulty assessment 15 some years ago on wmd in iraq. why does this president have such a problem criticizing vladmir putin? >> well, that's the $64 trillion question. i agree with jeremy, russia is an adversary of the united states. what we know about putin is that he is rational. and he's brutal and cynica...

There's very fundamental things that have to be done here. room has to be created for a serious discussion about the long-term in terms of the budget and that has to be done in such a way that both houses of congress pass it. the senate seems to be moving that direction. again, the bottom line on it is will john boehner put what they pass on the floor. there's tremendous resentment between the house and the senate as you know. not just democrats and republicans but republicans and republicans. so you know, that is what everybody is going to be waiting to see if there's a solution and there may...

May. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >...