china are serious problems india russia not so bad but you know china doesn't want the india russia axis to get too strong so you know they're there and they're at. their at sixes and sevens inside their organization alexiev iran has observer status at this meeting it wants in though will it ever be invited to join the grouping do you think and what would that mean for the dynamics of the group that david was just talking about that. well from the beginning veer c.e.o. wasn't that extensive and as we know that india and pakistan just recently joined they're going ization as a full members and now we have 4 observer members including iran so i think ultimately iran will become the part of the organization and that is inevitable for for any kind of the. organization coming back to the larger picture of a c.e.o. role and 3 powers which were mentioned but my colleagues would also not forget that it as c.e.o. is not the only platform where this parties can talk and negotiate they also have breaks platform they also have g 20 platform and all bunch of other platforms so it's the importance of

in china and the 1990 s. in india when they liberalized internally and stopped trying to have their own politicians and bureaucrats run their societies from the top down that they've started to take off arguably the reason it's taken off so much better in china than india is the structures that were built way mao when you talk about the great progress because this book is not about this is not as a mystic book as it's very very optimistic is very optimistic but surely most of the human progress that's been made realize it was just 6 of the based on governess china doesn't actually no it doesn't say that matt meagher was the mao is a very bad thing in terms of china taking off china throughout its foreign parasites in the one $940.00 s. it then made a series of catastrophic blunders in the fifty's in the sixty's in the seventy's under mao who tried to organize trying to buy top bankers like it's only in 198879 often when china stopped trying to run china from the center that's when china takes off it's no coincidence t

spent on road project could this summit be about china trying to persuade india to change its mind. i think if china wants to do that monica it has to be something of a slow downs india is very fearful of any potential detriment that china is reputed to have with other countries and as well as the territorial joblessness that china tends to display now adding salt of the war in india recently signed in joint deal with japan to develop colombo port in sri lanka all of that is more obvious strategic position rather than a political one to come to the belt and road so overall with india china needs to come a little bit cleaner about belt and road and india will be a willing partner if the terms and open where china certainly seems to try and increase sort of partnerships with some regions its economy has shown signs of slowing down factory output down to a 17 year low also due to the u.s. china trade war of course in how far is this summit a show of asia's power strength. what china knows and acknowledges that india is a formidable force to persuade and it does have

china serious problems india russia not so bad but you know china doesn't want the india russia axis to get too strong so you know they're there and they're at. their at sixes and sevens inside their organization alexiev iran has observer status at this meeting it wants in though will it ever be invited to join the grouping do you think and what would that mean for the dynamics of the group that david was just talking about that. well from the beginning veer c.e.o. wasn't that extensive and as we know that indian pakistan just recently joined they're going ization as a full members and now we have 4 observer members including iran so i think ultimately iran will become the part of the organisation and that is inevitable for for any kind of been his. organisation coming back to the larger picture of a c.e.o. role and 3 powers which were mentioned but my colleagues would also not forget that it s e o is not the only platform where this parties can talk and negotiate they also have brakes platform they also have g 20 platform and bunch of other platforms so it's the importance of such f

china serious problems india russia not so bad but you know china doesn't want the india russia axis to get too strong so you know they're there they're at. their at sixes and sevens inside their organization. iran has observer status at this meeting it wants in though will it ever be invited to join the grouping do you think and what would that mean for the dynamics of the group that david was just talking about that. well from the beginning vir as c.e.o. wasn't that extensive and as we know that indian pakistan just recently joined they're going ization as a full members and now we have 4 observer members including iran so i think ultimately iran will become the part of the organization and that is inevitable for for any kind of the. organization coming back to the larger picture of a c.e.o. role and 3 powers which were mentioned but my colleagues would also not forget that it s e o is not the only platform where this parties can talk and negotiate they also have brakes platform they also have g 20 platform and bunch of other platforms so it's the importance of such form it is not

countries like russia like china. india and european countries this should be rectified otherwise we cannot have an international economic order based on the fair competition on fortunately the reality is that we are facing with the disease in the white house and. now we see that there is a there is a tendency by the major countries we have the summit between president putin and the president of china and we have other engagements in at a devoted level that they would try to in fact diminish the influence of the u.s. dollar over the international market that's a determination that we see video major powers in the even european union the reality is that the people around the world or very anxious and or very angry about the policy of the united states that in fact they want to pressurise all countries to be in line with their policies or get your prize implications in a 2nd when you were one of the negotiators of the j.c. p.o. a nuclear deal with the p 5 plus one well the opponents of you even participating in those negotiat

neighboring countries we have a very good relationship with russia over china india and pakistan we have exchange of presidents and summit meetings. we have a very good friend relationship be divied iraq with the central asian countries as you said in best in tajikistan we have well is traded in dollars the reality is that this is the this is a phenomenon that we are facing in the international at the international level we know that even european countries are conscious about the fact that this is a problem for everybody that they are very much vulnerable to the in fact influence of us dollar we know that many countries are working very seriously that how can they can rectify this china and russia as the major countries and also india very recently and so many other countries are thinking that how they can make their trade relationship through not u.s. dollar what through the national currencies we have had a number of initiatives agreed with other countries like india pakistan and tell key and some others russia and china that we can use our national currencies and we should not be all

including at the sea and eyes all did i'll buy you new thailand because it's a close the border to china and india where the chemical. gets it a lot yet for the approach indigo in china go and reason laser or through enforcement agency you go to die and go countries they're really concerned with the volm of the states i mean. ok so you're saying that the chemicals are easily accessible to get from india from china and this is an area that's difficult to control where are these drugs being consumed. yes it is a hard to question because see i want to raise this right or both is a no mistake maggots in. itself and also be old in the in the not so no can see mostly sambo is all even though we do europe all of that particular li with the fentanyl i want to emphasize i read the syntactic opioids now they're really concerned india china and mexico now they're recording these to surprise tell to known ford in north america they have for the good side and not only is it a mess that you. make own countries but also beyond the country or so it's like to directly all right i 10 long from r m i t university in

sanctions to iran is reportedly in talks china india and russia and dozens of other nations to ditch the dollar in trade transactions such a currency agreements could weaken the u.s. dollar in the global market. polls of just plates of istanbul where people have been voting in a controversial 2nd merril election in march the opposition counted it was declared the winner of the 1st votes but that result was an old after the ruling ak party filed a legal challenge over alleged irregularities. u.s. national security advisor john bolton says iran should not mistake u.s. prudence for weakness bolton made the comments alongside prime minister benjamin netanyahu in israel that you have been discussing regional security as tensions are high between washington and tehran. iran can never have nuclear weapons not against the usa and not against the world. and as he made clear yesterday referring to his earlier remarks the president said i just stright stop the strike from going forward at this time when iran insists the u.s. trained it shot down on thursday was within its airspace president has

we have tariff threats going on and we have china, mexico, and india all being threatened with tariffshow is that affecting flows? here is emerging market etf's, seeing outflows to the tune of $2.5 billion. the white bar here is china etf's. another $2 billion out of those, that is $4.5 billion out of those. they are bearing the brunt of tariffs. india now seeing inflows, and mexico, kind of a wash. scarlet, the u.s. looks like it will be back in action at least on the fed. internationally, a whole different scene. scarlet: a whole different scene. --'s bring in person perth tolle and bloombergs rachel evans. eric just showed us the impact of the trade war and tariffs and what they are doing to flows. we can see that china and em really getting the worst of it. what do you see? perth: as far as trade, the way that we evaluate our index is that trade is good for our country. if anything impedes trade, that is bad for the future economy of -- the market of that country. if we are to impose tariffs, bad for us, it does not affect them. but if they retaliate and impose back on us, that is

problems for the g. 20 this rush are the deep divisions over that word tariffs on sanctions russia china india they have all reaffirmed their opposition to protectionism you know after elections on trade restrictions the russian president spoke about how the brics group of nations that's brazil russia india china and south africa can join forces to ensure a more stable and for economic reality. happy to say we can go to journalist business commentator thomas fassbender for his take on the group of 20 summit your welcome to the program alluded to earlier in the year moscow and beijing agreed to drop the dollar in bilateral trade and use their national currencies instead it seems to have been pushed on a little bit during this summit as well do you think it is sustainable that idea. well it's necessary because as we have seen. america is said to show its muscle in the increasing economical military and political rivalries. increasingly mark the relations between the continents europe between you raised on the one side and between the us on the other side. there is the perceived negative effect o

. $22.00 thrush of the deep divisions over tariffs on sanctions russia china india of all reaffirmed their opposition to protectionism unilateral actions on trade restrictions the russian president spoke about how the brics group of nations brazil russia india china and south africa can join forces to ensure a more stable and for economic reality journalist on business commentator thomas fassbender sees the global economic situation is becoming more complex. well of course international trade suffers but for some people and for some strategists the political gains from containment from sanctions are more important. economic well being this plays out with respect to a war to russia with this with plays out with respect to iran and in a way the increase increasing tariffs put up by washington also another form of sanction so again i point to the mix of political and economic aspects and it's us very and increasingly difficult to keep one apart from on the other picture becomes more complicated and money. it will leave the summit for a move on to more world news one of britain's largest

china. so because of that, you hate to see disruptions in the market but particularly in a country like indiaportant in helping us offset the impact in china. >> right, so you sort of dealing with it from two different angles, from china and in india. so what is next for almonds growers and how do they get through the times with these tariffs? >> sure, well one thing about the almond industry i do have to say is that they take a long- term view. and you plant an orchard it will be in place for 25 years. so you really have to plan for both the ups and downs in the market. exports are 70% of what we produce. we are shipping to more than 100 countries. so, for us, china and india are significant, as are many of our countries. but what we are seeing is that the united states has been growing. we have seen a lot of new products coming into play in other markets as well. i say what growers are doing is really trying to take that long term of you. and, obviously, this focus is really hoping that we will see resolution sooner rather than later so we can get back to focusing on the positive story and

electricity we've been successful with other forces of nature solar power for example is most advanced in china india and japan according to the international renewable energy agency. other countries are focusing on wind and then. here to china is in 1st place but it's proven very difficult to harness the energy of waves. immensely powerful forces. huge wind generated waves. not the tides controlled by the moon's gravity. was an area of 360000000 square kilometers about 70 percent of the earth's surface is covered by water. most of it is in the oceans which could be a mark of force of climate friendly energy but how can we harness that power tidal amplitudes very dramatically your brand the globe and parts of western europe they're particularly pronounced. the 1st tide mills were built in the middle ages or even earlier they were driven by the daily changes in water levels. in the 1960 s. this idea was picked up again and engineers built the 1st big tidal power station in printing in france. turbines inside hard liberace's are driven by the admin flow of the ocean. but the engineers encountered a pro

is in india followed by china and you have a reasonable in russia 1.6 percent but now you need to for those 5 countries to move together they need to come together a little bit more strongly on trade and use their soft power to influence a positive trade out work network with then work of countries to perhaps the latest meeting on the day was between vladimir putin. of france happening at her and i think 10 or 11 at night apparently stephen it was a fairly cordial meeting in a 2nd that happened how likely do you think sooner or later are we going to see a receptive of relations with russia with big european states france in this particular case. i think france has always had a very soft spots with russia they've had very cool your relationships for many many years and of course that's reflected in the huge number of russians that go on holiday to france and compare that to the united kingdom which is minimal so they really want to open up the market they know that they've got their businessman in russia looking for deals and they believe that they can also extend their cordiality with

sanctions which reportedly in talks with china india and russia to ditch dollar transactions and the army and says it's killed 16 militia members in its offensive against armed groups in the eastern province of fighting in the regions killed at least $300.00 people and forced hundreds of thousands more to leave their homes this month and you are up to date with the headlines here on al-jazeera the news hour and 25 minutes after inside story with peter dunne. ruling turkey's powerhouse the a cave party's dominance is put to the test in istanbul rerun of its mayoral election but what does that mean for the country's democracy and also for the president mr erdogan this is inside story. hello and welcome to the program the turkish president wretch up time has always been keenly aware that politically speaking what happens to the 2nd city could have a major and last impact on his own political future the city is crucially important as the nation's business hub but it dealt a blow to the president's ruling justice and development party during the merrow lections in march the ruling a party

we have tariff threats going on and we have china, mexico, and india all being threatened with tariffs. ?ow is that affecting flows ec o here is emerging market etf's, now seeing outflows to the tune of $2.5 billion. the white bar is china etf's. another $2 billion out of those, that is $4.5 billion and china, they are bearing the brunt of tariffs. india now seeing inflows, and that is good news for modi. mexico, kind of a wash. scarlet, the u.s. looks like it will be back in action at least on the fed. internationally, a whole different scene. scarlet: let's bring in perth tolle and bloomberg's rachel evans. eric just showed us the impact of the trade war and tariffs and what they are doing to flows. we are seeing china get the worst of it. you watch e.m. as an asset class. what do you see? perth: as far as trade, the way that we evaluate our index is that trade is good for our country. if anything impedes trade, that is bad for the future economy -- the market of that country. if we are to impose tariffs, bad for us, it does not affect them. if they retaliate and impose back on us, t

say by 2050, 92 percent of electricity in europe. 40% only in the u.s. 62%, 63% in china and india. is pretty exciting for china and india. >> china has been the world's largest demand market for renewables in the last several years by a country mile. .e think that will continue the economy obviously has grown at a much faster pace than other parts of the world. the existing coal-fired generation is also not necessarily going anywhere anytime soon. we have also seen a lot of progress in the united states as well. coalen gas and renewables, has been primarily the victim in terms of coming off-line most rapidly in the past decade. vonnie: how much do electric vehicles and other forms of electric transportation play into this? >> quite a lot. have doners that we this, we have included the long-term forecast for vehicles in the long-term forecast for the power sector as well. it makes a meaningful contribution. growth in electricity is pretty nonexistent. this is why ev's are important for existing utilities. nine or 10% about of additional demand by 2050 based on the electrification of

. >> i want to get to immigration -- >> but china and india and other countries depend on that. this is about the safety and security of the united states. >> right. >> israel and our allies around the world and we'll never allow iran to obtain a nuclear weapon and continue to bring economic, diplomatic pressure to bear and make it very clear that the united states military will defend our personnel and defend our interest in the region. >> right. so let's talk about immigration because president trump is and tweeting about that, family deportation were set to begin in major u.s. cities today. president trump tweeted yesterday that he would delay them, quote, to see if the democrats and republicans can get together and work out a solution to the asylum and loophole problems at the southern border. what exactly does the president want to see in a deal that would prevent these -- these deportations? >> jake, we have a crisis on our southern border. >> right. >> i was down there a few short months ago and i was at a detention center. we are on track this year to have more than a mi

countries in the world have decided that your type of justice isn't for them i'm talking about china india pakistan russia that's 3 out of 5 permanent members of the security council with the power to block your investigations in countries that are not signed up to your court was a question their veto is another serious block to work isn't it why is that a problem for me. it's for the court all right that's what i mean for the court if stage who should join the court haven't joined this is a big problem is that the most powerful unpopular states in the but there are 123 states let's not ignore those the one mistake people make often quite frankly is the ignored those who are in focus and those who are not in that's not fact to those who aren't these that all 3 of them have intended you know in weeks months or to come we must be able to respect the participation of the 123 states parties who continue to have faith in the one hope the court let's not get all lost in the preferences of those who have not yet joined whom we hope will join at some point these 223 countries do not by and large v

and exports if somebody else did that would be pretty unhappy some of the brics countries russia china india and india as well have condemned what they call you know that tourism do you think we're going to see some concrete movement concrete efforts by these bric countries to halt cooperation. well you know i am not to worry about a country that wants to be independent minded and doesn't act in concert with other people i think the issue is what kind of a policy they have and they don't want to cause trouble for other people they can do it but if there's a group the brics want to get together if they're interested in it yes but i don't think that that is the full answer i think we in the united states have a lot to say about how things work out because we have the reserve currency of the world we have the biggest military in the world we have the most wealth in the world so therefore i think what we do sets an example and sometimes i think we go astray and we don't set the example because i want to be involved in free trade i don't want to manipulate trade i don't like these currency wars t

not with china, mexico, the eu, india, and so on. do have to make choices, prioritize what you want to achieve. i think tariffs can be a tool. i think if you use them to enforce supply chains, they can be effective. they also hurt yourself. there are other tools. investment restrictions, limits on financial flows, which haven't been deployed as aggressively as they might have been. then there is the weaponry around national security, the designation of huawei, which is extremely powerful and needs to --viewed caroline: let's focus on the major trade war that has been ongoing, china and the u.s., and the fact that china exerted some retaliatory tariffs over the weekend. do you have a base case? should the market have any sort of hope that something could be struck? brad: there are more pivots than i can keep track of. two months ago, i thought we were on track for a deal. you certainly shouldn't have a high confidence in a straight line. my baseline is that the u.s. will go ahead and make tariffs on all chinese trade in july. i don't

i was looking at china and india and south asian international affairs. i am interested to hear your opinion about, is pakistan has a large amount of investment and input from china. we were talking about china taking over the association. i was interested to know how you think that will influence potential pakistani and indian relations. >> i can tell you that pakistan's trade relationship with china is much more smaller than what india's trade relationship with china is. the investments that you are alluding to our investments that started since 2014. and we are grateful and thankful. china came to us when no one else was frankly looking at us. but if you look at the total portfolio of investments in pakistan, it's just part of several of many other investments coming from other countries. of course it is pakistan, is open not just to chinese. we are open to investments from all other friendly countries. and some of these economic zones are there and they are open for countries to invest. i don't know how because, frankly, in the world today, this notion

and india not china p.t.i. news agency of india says the government is preparing to impose tariffs on 29 u.s. products an apparent retaliate for u.s. metals tariffs against india and the trump administration's cancellation of g g s p trade privileges for india this is happening despite a warm relationship between parent president trump and he is nationalist prime minister narendra modi what is the economic and geo political significance of these tariffs. well the 1st thing in economics is that we have spent most of the last 50 to 75 years basically since the great depression and world war 2 trying to prevent international commerce and trade from becoming a battlefield because of the long history that trade wars have a nasty habit of becoming military wars trade wars had something to do with world war one and world war 2 and we didn't want to have that happen again so the rules that were developed under the united nations under the g. $880.00 now under the world trade organization were designed that countries wou

india will look into this. and often overshadowed by the us china trade war is the brewing trade to between india and the united states similarly many may not realize just how intense india is to the global economy while most of us are aware that products are assembled in china and then distributed globally most obvious is the role that india has in terms of business integration in the world where china is widely recognised as an outsourcing destination for manufacturing as workers in the rust belt of the united states can attest to india has shaped itself as a hub for service jobs and the rapidly developing knowledge economy according to the india brand equity foundation or i b e f the service sector made up more than 54 percent of india's g.d.p. which comes out to more than $60000000000.00 worth of net service exports the service sector consists of many areas but notably among them is the communications sector which has seen a boost in the numbers of call service center jobs that have been outsourced to the nation also at the top of the a list of indian service sector jobs are tourism transport trade and cons

sanctions to iran is reportedly in talks with china india and russia and dozens of other nations to ditch the u.s. dollar in trade transactions and hundreds of thousands of protesters in prague are calling for the czech prime minister to step down over allegations of fraud demonstrations against underway but it's have been ongoing since april with nearly half a 1000000 people signing a petition demanding he resign those are your headlines on al-jazeera we are back with more news right after one on one east. because soldiers are once again out in force a decade after the brutal civil war ended. its a tough response to the easter sunday bombings a coordinated attack targeting churches and hotels. with a local muslim group behind the cottage religious sponsored escalation across this island nation. one o one aced investigates where the faith is the new front line in sri lanka. laxman niranjan feels closest to god when he's playing the church organ. he accompanies christian services throughout the capital colombo. on easter sunday he was playing hymns here at st at least try and win the congr

our cooperation in the format of russia india and china could become an example of creating a modern fair multi-polar world that rejects protectionism policies of unilateral actions any legal sanctions. in yemen tens of thousands of protesters has turned out in the capital sana against the us economic plans of palestinians which is for papers in bahrain this week yemenis stood in solidarity with palestinians to reject the financial proposals saying a political solution must come fast mohammed al assad has more from santa most of the protesters so turned out today. against the. ring and. he described the last hour for also millions of girl are calling it a folk hero for the palestinians to sell out their causes earlier specially after the announcement of the us of us because the state department the gathering. by the. president tribe was just a family. a family business but it wasn't just something related to the state department.

now china's neighbour, india, doing this matter with united states. india has been deferring this decision for years. they been talking about it since 2018 -- a they been talking about it since 2018 —— a year. that they would be introducing these retaliatory tariffs. they were hoping they could strike a deal, some sort of deal with united states. i think what triggered this decision is a few weeks ago, a couple of weeks ago the united states withdrew the preferential trade studies which india enjoyed, under which indian companies and exporters didn't have to pay any tariffs in the united states on more than 1000 products. soi states on more than 1000 products. so i think that's really when the us decided to withdraw that that india decided to withdraw that that india decided to withdraw that that india decided to go ahead and impose these tariffs. thank you sameer without update data with that update. now let's brief you on some other business stories. power has been restored to much of argentina and uruguay, after a massive electrical failure left te

whether china and india would go along with that is anyone's guess. china has been a big critic of our approach to leave the nuclear agreement. the quote from john kerry, the president is technically right what the former secretary of state said at the time about that deal, that included iranians receiving $150 billion in sanctions relief, much of that funds had been frozen for the better part of three decades. suddenly unfrozen. he acknowledged at time, quoting i think some of it will end up, this is from secretary kerry in the hands of the irgc. that is iranian revolutionary guard and some other entities, some of which are labeled terrorists. to some degree i will will not sit here and tell you every component of that can be prevented. the president exciting as an example that he had to do what he did today, that was unconscionable. oil prices right now, sort of shrugging their collective soldiers on all of this. they had been running up last week in advance of increasing acrimony between the two countries a little less so today. "wall street journal