littering in it's unknown why the animals ventured this far from their usual habitat where where they'll travel to next. and adventurous you are watching news life from the land up that says business news asia i knew of his mccann and thank you so much feel complete. carefully. to.

discover who. subscribe to the documentary to. cars go next is gone for much of the office on the brain or the fled to japan where he was on the house arrest facing trial for financial this conduct he says he fled to escape injustice. and the clock is ticking we're looking back at the costs 12 months isn't. this is your business asia welcome and was starting with an escape story that could. straight out of

a hollywood blockbuster former miss on rhino chairman collins go has left japan where he was under house arrest he apparently jumped bail on a private plane go and said he was not fleeing justice but instead seeking to avoid injustice and persecution this is the house in beirut where carlos ghosn is believed to have fled but there is no sign of him and the security guards outside say he's not here but a neighbor has shown up wanting to welcome him to lebanon with a card. many lebanese feel the former nice and c.e.o.'s a successful businessman and is a symbol of the country's large diaspora but in tokyo the unexpected turn of events has sparked outrage. from like him i think he fled because he did something wrong. but whoever escapes wins you know i and many people with money go in his main

lawyer says he heard about his client's flight via media his entire defense team has lost face in japan as they repeatedly said there was no risk that gold would run away. with a home and we were going to completely by surprise i'm dumbfounded personally i don't yet even know how to make contact with him or go through a little more sort of like i'm. going to skate to lebanon is the latest stunning twist in a roller coaster journey that saw him full from boardroom to detention center. here he spent more than 100 days in spartan conditions far removed from his sometimes extravagant lifestyle. the automotive tycoon stands accused of underreporting is salary to the tune of $85000000.00 prosecutors also allege he skimmed off millions of dollars from the company for his personal use. go on has repeatedly

denied all accusations in a statement the 65 year old said the japanese justice system was quote rigged and that he escaped injustice japan does not have an extradition treaty with lebanon so it's unclear what steps tokyo might take next. and for more i'm joined now by michael paine journalist in tokyo where he's also the president gets the news agency good time you with us nothing is going scaping japan seems to have caught everyone by surprise what are authorities there saying. well so far the authorities have been pretty quiet about it they haven't they haven't released the statement of course it is the day of new year's eve here in japan so a lot of government government services are actually on holiday today but no the government itself has been pretty mum to this to this point to the only people have spoken are going. to who you know who express their surprise

and that he that he had gone well they must have also been surprised by what's go and set in a statement just recently saying he accused japan of having a rigged justice system what do you mean by that. well the one people who wouldn't be surprised by it are actually his defense lawyers because they have been making the same argument actually trying to fight within the system and in fact his lead lawyer did say that he understands that why don't you believe would say what he said in that statement but they also think that you know it was inexcusable for him to leave the justices to be or even with all of its problems because he had a responsibility to stay and to fight it so. just michael if even his lawyer seems to understand that he somewhat seems to agree with the accusation of the rick system what exactly is wrong with it well actually

a lot of people agree with that outside of the japanese justice system it's been criticized by international organizations and many others so for example in goans case you know when he was accused from that the very 1st moment he learned about it he had arrived in the country on a plane and prosecutors immediately took him into custody and they subjected him to about 4 months. of interrogation where he wasn't able to speak to the media he wasn't able to talk give his own side when interrogators interrogate him there's no lawyer present you know there's many profound. questionable elements to the japanese justice system where essentially once you're caught up in it you're almost certain to be found guilty especially if you are indicted as he wasn't and once you're indicted the statistics speak for themselves you have

a 99 percent chance of being found guilty and that's what going is facing and that's what he's speaking about when he said it was a presumption of guilt and a system of injustice that michael penn the journalist in tokyo thank you so much i don't have it yet thank you happy new year. chinese telecoms john show way says survival is its top priority after announcing 2900 sales were expected to fall short of forecasts because of u.s. sanctions chairman eric shoes set your way sales revenue 429000 was likely to reach $121000000000.00 up around 18 percent this is below a forecast of $125000000000.00 your way has infected me banned by the us from working with american firms on the grounds that it poses a national security threat charge the chinese company denies. moscow and kiev have signed a 5 year agreement on the transit of russian gas to europe why ukraine after months of difficult talks but just ahead of

a new year deadline currently some 18 percent of the use annual natural gas consumption comes from russia by train it's expected that gas from will transit at least 65000000000 cubic meters of natural gas by ukraine mixed and at least $40000000000.00 until 2024 and more than $7000000000.00 in transit a major source of income for the country. well it's certainly been a busy year for business news the u.s. china trade war has kept us on our toes and we've seen the reputation off one of the biggest u.s. companies boeing take a tumble is a look now at the top stories in business news this year. will they or won't they the u.s. and china have been at it throughout the year and in may trump announced that washington would raise previous tariffs where having a little squabble with china because we've been treated very unfairly for many many

decades for actually a long china retaliated with its own threat and in the summer a truce was announced in the g 20 summit in all soka but the u.s. reneged on that tensions eased earlier this month u.s. president trump tweeted that a very large phase one deal had been reached with china with beijing agreeing to buy a range of american goods as a result washington suspended penalty terrorist set for december 15th something beijing confirmed that 2 countries now say they are preparing to sign an agreement next month. one of the sticking points between washington and beijing has been china's dominance in the tech sector and that is something the white house wants to end one of the targets of its campaign has been chinese tech giant huawei the white house says beijing could use while waste technology for intelligence gathering and industrial espionage washington has been calling for its allies to block the company from participating in building 5 g.

networks no surprise the debate on while way has also been heated here in germany and we've been covering it. can the state of china force you to give information which you would be able to collect for example. now all we want way has never received any such requests during our operations over the past years and even if we received such requests in the future we would not agree to them without any lawful requests so we won't do anything which will i won't mention for quintessential innocent. god was your father driving down to $29000.00 was the year of the protests across the world also across germany's border the yellow vests movement took to the streets in neighboring france to protest against the government's planned economic reforms they believe they are hurting workers the french government says they are needed to overhaul the economy to make it more competitive. in the middle east the lebanese government's economic reform attempts

were met with countrywide protests people took to the streets to demonstrate against plan changes to the tax regime stagnating economy and corruption and that led to the resignation of the country's prime minister. things didn't get as bad for those government but ecuadorians managed to push their lawmakers to the brink with protests that crippled the country's transportation networks in the end the government had to withdraw plans to remove a fuel subsidy after dramatic protests. and elsewhere in latin america people were taking to the streets in argentina and chile to protest against economic reforms and a higher cost of living. cost of living was also a major issue for zimbabweans the protests were triggered by a 130 percent fuel price hike and that and the country's declining standard of living prompted people to take to the streets throughout the year was the

u.s. plane make a boeing also dominated headlines this year it started last march with a fatal plane crash in ethiopia the 2nd for its 737 max at 1st the company tried to deny responsibility but air transportation authorities were soon ordering the grounding of a 737 max its best selling aircraft within weeks of the incident since then the plane maker has been mired in a crisis in december boeing said it was holding production of the 737 max and c.e.o. dennis mullen burge was ousted new seal david calhoun will now face the task of engineering a turnaround and rescuing started reputation. it's been a busy year for the markets across the world but it appears the u.s. markets have managed to ride out the uncertainty in the stock market is at a record high in the u.s. and that's something the u.s. president has been raving about and taking credit for he says the highs a jew to his reforms hard to say but what is clear is that the global economy has

been slowing with the i.m.f. and the world bank mainly blaming the u.s. china trade dispute but despite that there's been records in markets in both sides of the pond and that was a spot of good news this year. and that was the last edition of business asia and 29 teen stephen beardsley will take over for the rest of the day for me and the team thanks for giving us company at the new year.

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