after that, obama and abe will hold their summit. they'll talk about a range of issues from trade to security to regional relations. now abe and obama are expected to issue a joint statement. a draft says the decades old u.s./japan security alliance will play an important role in maintaining regional peace and prosperity. their discussions will also touch on north korea's nuclear development, china's military expansion, as well as the situation in ukraine. now president obama and prime minister abe will hold a press conference after their meeting. you can watch it live right here on "newsline." now, president obama and prime minister abe have plenty of ground to cover in a short amount of time. nhk world's tomoko kamata tells us what abe is hoping to get out of the summit. >> reporter: prime minister abe needs to make the most of president obama's visit. he wants to show that the japan-u.s. alliance remains strong, and is contributing to peace and stability in the asia pacific. abe has watched chinese leaders send ship after ship to

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prime minister abe is hoping for trade to deliver growth. with so much at stake, both abe and obama will want to show progress. but it will be baby steps. >> there is president obama just come down the steps. being greeted by the u.s. ambassador to tokyo, caroline kennedy. rue pert winfield hayes joins me from tokyo. rupert, what are the prospects? >> it's an important symbolic trip. this is for a start the first state visit to japan by a u.s. president. the last was bill clinton back in 1996. there's a good deal of excitement here in japan. that they are getting a full state visit with full state ceremony. he will be greeted by the emperor. there will be a state banquet. all of that. there are also very, very important issues. there are the important trade issues linda was talking about. also the real elephant in the room here which is china. japan is very worried about the growing strength of china, its assertiveness in the region, its assertive claims to islands controlled by japan. and it wants to see president obama giving a strong stat

his first stop is japan, where he'll meet with prime minister shinzo abe to talk about everything from trade to security to regional relations. nhk world has more from washington. >> reporter: president obama plans to visit four asian countries, japan, then south korea, malaysia, and the philippines. during his time in tokyo he'll be the first u.s. president to be welcomed as a state guest since bill clinton in 1996. three years ago, obama said he would boost u.s. engagement in the region. the policy became known as the pivot to asia. >> the united states is turning our attention to the vast potential of the asia pacific region. >> reporter: since then his administration has visited the middle east, africa and eastern europe. and last year, the government shut down forced him to pull out of two major conferences in asia. the senior director of asia on the national security council and a -- under former president george w. bush. he says there is say lot riding on this trip. >> the overall objective is to demonstrate that the so-called pivot or rebalance to asia is still very much alive.

abe is scheduled to arrive on tuesday in germany. he'll also visit britain, portugal, spain, france, belgium over ten days. abe plans to seek closer cooperation with other leaders of the group of seven nations, ahead of a summit in june. >> translator: with regard to the situation in ukraine, i want to frankly exchange ideas with other g-7 leaders on how we can work together to reach a peaceful resolution through dialogue. >> abe is also scheduled to deliver a speech at nato headquarters in brussels. he'll explain his policy of pro-active contribution to peace. the policy outlines possible changes to the interpretation of japan's constitution. those changes will allow the country to exercise the right to collective self-defense. that would enable japan to use armed force to defense allies under attack. up until now, such activity has been considered to exceed constitutional limits. abe will also speak at the headquarters of the organization for economic cooperation and development in paris. he's expected to emphasize his government's

shins hosted -- abe hosted the president at a small sushi restaurant.he president said it was the best sushi he had. there has been applicanty of pomp and circumstance. it was a state visit. there was a ceremony coming through that. the emperor and his wife greeted pam re on the groundsof the imperial palace. there's the reviewing of the troops, a press conference coming up in minutes now, the president will be visiting the shrine in tokyo, and a state dinner before tomorrow morning. a few more events wrapping up in tokyo, and a set of contentious issues in seoul, south korea. it is a grief-stricken nation recovering from the tragedy of the ferry. geopolitical issues. no one needs to be reminded about the threat and provocative behaviour between north korea. >> we'll get to the press conference. thank you >>> demnow to the state of play ukraine. >> washington called the comments from the kremlin loud crows. the u.s. is deploying hundreds of u.s. troops to eastern europe, taking part in a month of military exercises meant to the bolster allies. about 150

the sources said hu met abe last tuesday. it's thought the two men exchanged views on improving ties between their countries. a meeting between hu and yoshihide suga had already been made public. >> translator: i told him that japan/china ties are one of the most important bilateral relationships. >> translator: the two countries need to return to the principles of strategically and mutually beneficial relations. despite specific disagreements. strategically and mutually beneficial relations. despite specific disagreements. strategically and mutually beneficial relations. despite specific disagreements. >> suga said hu told him that he will convey the japanese government's view to chinese officials but suga declined to comment on whether abe had met with hu. he said chinese officials wanted hu's meetings in japan to take place in a calm environment. >>> u.s. and european leaders have hit russia with more sanctions overs worsening situation in ukraine. they say president vladimir putin is behind the separatist unrest, somethin

in the west have dubbed abe-monics. so far his arrows have not hit the target when it comes to tackling japan's sluggish economy. the despite falling prices over the years. japanese pay seven times more for their main food , rice. this is what mike whereas talking about, these are the agriculture subsidies, protective measures that the prime minister says you stands in the way of recovery. abe did announce a stimulus package last year meant to boost government spending in the economy, but some worry the stimulus as well as billions more on relief will bite japan in the future. japan's national debt has ballooned to 2. 2.5 times the se of its economy. but all that extra pending and low interest rates have pushed consumer prices up for once. that's where inflation is in the united states. and even here in this country. 1% inflation is still considered too low. finding the optimal range of inflation is a delicate balancing act. >> reporter: when prices go up, the purchasing price of a there are goes down. so it takes more

abe. stop the hostile rhetoric and stop provoking chinchina. >> i emphasized with prime minister abe the importance of resolving this peacefully, not escalating the situation, keeping the rhetoric low, not taking provocative actions. >>> even here in japan, president barack obama cannot escape the crisis in ukraine. he was asked how he would respond to violence by russian backed militias in the eastern backed ukraine. mr. obama said he's ready to impose fresh sanctions on russia within days. he accused vladimir putin for not sticking to spirit or letter of agreement signed in geneva last week. >> tim, we have heard from the chinese in response to this statement of support for japan's territorial issues in the east china sea. the chinese foreign ministry saying u.s. japan security treaty is product of cold war and cannot be aimed at a third party and must not harm china's sovereignty. beijing is not happy about what's going on and being said in tokyo. >> it's not just japan that has quarrel

abe was happy about that. but the president did not give mr. abe a blank check.the challenges to diplomatically bring china and japan together to de-escalate tensions. >> as we reported the chinese are not happy with what the president, one wouldn't have expected them to be unless the president had changed u.s. policy. but sheila smith, i also want to make time to speak about the trade agreement, the transpacific partnership that is being discussed. you didn't see the two leaders discussing this, clearly it did come up. what is the main sticking point? >> the main sticking point for the u.s. and japan, right now the u.s. and japan are having parallel negotiations to the broader 12 party process which has 12 countries involved, the u.s.-japan conversation is really about market access and the two specific areas are beef in japan, access to the beef market in japan and on other side it's autos and specifically trucks. i suspect the trade negotiators may still be talking in tokyo, although i expected to see something come out today. the president-- . >> woodruff: yo

prime minister abe is hoping for trade to deliver growth. with so much at stake, both abe and obama will want to show progress. but it will be baby steps. joining me to discuss these issues is chuniawatanabe. senior fellow at the tokyo foundation. lovely to speak to you. let me first just ask you, how significant is it that president obama may well throw his weight behind japan in a strategic disagreement, if i can put it that way, with china? >> i think china is the number two economy. usa is the number one. japan is number three. so no way to -- both economies are really interdependent. >> reporter: i suppose that's always why when people watch the tensions in the east china sea they find it almost puzzling. in terms as you mentioned for the biggest economies in the world, does it make sense to have a free trade area that doesn't include the world's second biggest economy, which is china? >> yeah. and the tpp, the transpacific partnership, is one very important to -- more responsible player in area. so i think -- senkaku islands that japan

i want to specifically speak to ab 2145 and ab 25159. 2159. these are both urgent, it's especially urgent to stop ab 2145 because if it passes cca will essentially die in california and it will be as if prop 16 passed. the leaders on both ever these issues are definitely calling on individual supervisors to make the trip to sacramento next week on monday for ab 2145 and on wednesday for ab 2159. to make the case, we really want you to go the extra mile on this and i will email you later today letters that you can sign onto and the people to contact about those sign-on letters to get them to the assembly members. thanks >> thank you. there are no other members of the public here and we'll close public comment on item 3 and go on to items 4 5 and 6. >> item 4 is approval of the contract with the enernex for tasks under a not-to-exceed budget and item 5 approval of the contract with san francisco community power on an as-needed basis subject to the prior approval by the commission for tasks not-to-exceed amounts and item 6 approval of the contrac

he arrived just an hour ago and will have dinner with shinzo abe. it is tomorrow when the two leaders will get down to business. i expect they will talk about free trade. there are some clear differences still between the u.s. and japan and the role in the transpacific partnership. they will talk about energy. the discussions following their joint statement marr afternoon will-- tomorrow afternoon focus on the crucial issue of security. spoke threeama years ago about this strategic pivot toward the asia-pacific. but nothing much has happened since. this will be obama's opportunity to show japan, korea, and its other asian allies that the u.s. is really committed to their defense. course, comes amid growing concern about north nuclear weapons program and the increasingly aggressive behavior are the chinese navy, both in the east china sea where it is involved in a territorial dispute with japan, and the south china sea where it is involved in a similar row with the philippines. >> the first lady may have traveled there recently, but barack obama will

abe also commented on his proposal to cut japan's corporate tax rate. the rate is much higher than in neighboring countries. abe says tax rates are a big factor when international companies consider investing in japan. >>> a check of the markets now. investors across asia taking heart from the federal reserve chair's comments. she said that the central bank will maintain a near zero interest rate for an extended period of time. here's the major benchmarks finished out this thursday. many investors reluctant to trade actively today ahead of the long easter weekend in several markets. here in tokyo the nikkei did end flat today. 14,417 at the close. the previous day's 3% gain prompted some traders to take profits. meanwhile cannon was among the top performers. this was on reports the firm will release strong earnings. the hang seng index a gain of .3%. 22,760. some traders anticipating beijing may support the domestic economy. that's after the state council reportedly said it will e are deuce the amount of cash that rural banks have to keep at the central

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abe and obama issued a joint statement. it says they've reached a key milestone in the tpp negotiations and they said that will inject fresh momentum into the broader talks. trade ministers from the 12 countries taking part in those negotiations plan to meet again next month. americans and the japanese represent the largest economies of those taking part in the talks and the others are relying on them to put their differences aside. kyoko fujita, nhk world tokyo. >>> the joint statement by japan and the u.s. stresses the significance of the alliance between the two countries. the statement says they underscore the importance of maintaining maritime order based on international law. apparently referring to china's increased maritime activity. the statement expresses concern over actions that have raised tensions in the east and south china seas. they include beijing's declaration of an air defense zone in the east china sea. the statement goes on to say that the u.s. has deployed its most advanced military assets to japan, a

more from nhk world's kyoko fujita. >> reporter: prime minister shinzo abe kept japan in suspense for months as he debated raising the consumption tax. last october, he decided the hike should happen. >> translator: we will preserve people's trust in our country, and pass on a sustainable social security system to the next generation. >> reporter: japanese first began paying a sales tax in 1989. it started out as 3%. in 1997, then-prime minister hashimoto raised it to 5%. >> translator: we need to work on fiscal consolidation right away, and we will introduce measures to do that. >> reporter: back then, japan's debt stood at about $5.9 trillion. the government needed more money, the population was aging rapidly, and social security costs had started to skyrocket. but the tax increase came at a bad time. the bursting of the asset price level burdened banks with billions of unpaid loans. personal spending slumped, and economic growth slowed. then, the asian financial crisis hit, and things got worse. major japanese security firms and banks went bankrupt. hashimoto faced a crushing defea

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abe doesn't just want to make japan strong. this is a statement of the int ent. he believes it is time to stop apologizing for the war crimes. >> on the one hand, you can point to an expansionist tendency on the chinese government. is can also say that abe adding fuel to the fire by going back to historical issues. he takes the view that japan did nothing particularly wrong during the second world war. >> it is in japanese schools that mr. abwe is reclaiming japanese history. they are being forced to use this tax that whitewashes the japanese wartime atrocities. >> stirring up nationalism and feelings against china. they want to use textbooks to condition our children to the idea of a strong military. but many believe that it is time for japan to become a normal country with a normal military. i attempted to rewrite history, mr. abe risks inflaming tensions with the japanese rivals and isolating it from their friends. bbc news. the second world war is still causing tensions between these two big powers in asia. when we think of african slaves, we often think of t

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which led to 7 minute abs which led to ab masters thigh masters and butt masters which led to the realizationo get a 6 pack is the liquor store miller lite we invented lite beer and the perfect six pack you're welcome is. >> jon: welcome back. my guest tonight got a new film out. it's called draft day. >> how does a girl like you get in this game, anyway? >> law school. >> lawyer you don't get excited about anything. >> if i do my job and we haven't spent more than $125 million on players by the time i season starts, i get excited. >> mind if i sit down. >> i'm busy. >> won't take long. i could use your help. the browns brought me to cleveland so that everything could get one of these. >> how is it that the ultimate prize in the most macho sport ever invented is a piece of jewelry. >> jon: that has you to hurt. we will dom jennifer garner. >> what happened there. what have you got? >> a piece of jewelry falling off. >> it's borrowed so i mean, you know. still -- >> jon: can i tell you something. here is what i do if i'm jennifer garner. i pocket that (bleep). i don't give it back for a second

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president obama and japanese prime minister abe were diplomatically polite, but they didn't conclude any deal on the tpp, one the administration hoped to complete by the end of last year. do you think you're going to get a deal this year you can send to congress? >> i think so. i'm pretty optimistic about what can happen. remember something -- i come from the private sector, as you know. >> right. >> and it's hard enough to negotiate deals with one other party, let alone get a deal done with 12 parties. and -- but i have enormous confidence in ambassador froman and in the president, they're negotiating capabilities. and remember, we're down to the end game of this negotiation. so it's the hard stuff, right? the easy stuff has been handled. and that what they did say, though, is that they've had breakthroughs and that they've identified pathways to resolution on a number of issues. >> some democrats and the ford motor company say that you've got to include something on currency manipulation. and now you have said, rightfully, that's the treasury department. >> right. >> but it's going

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i'd like to call our national director, abe foxman, for a special presentation. thank you. [applause] >> good good morning. >> good morning. >> it would take more time than we have for me to tell you about what our honoree has meant for the fight against anti-semitism and intolerance and to protect human rights and israel's security. a long tribute would not sit well on a man of such humility and quiet wisdom can. wisdom. america's ambassador to israel didn't even need the full 140 characters of a tweet. dan shapiro simply said: ace dip diplomat, thinker, men,. i like that. i first met bill when he hosted us in aman, jordan, where he served as america's ambassador. since then during so many tumultuous times, after a day of meetings with leaders all over town, diplomats, analysts, members of congress and politicians, i would have the privilege to sit with bill at the end of it all, and there i would get the truth. there would crystallize for me what the way forward was. bill's calm demeanor doesn't come from blind optimism. he has soberly led secret talks with iran in recent

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which led to 7 minute abs which led to ab masters thigh masters and butt masters which led to the realization is the liquor store miller lite we invented lite beer and the perfect six pack you're welcome [cheers and applause] >> jon: welcome back. now -- [cheers and applause] before the break we were discussing the latest in american nonracism. now we're joined by senior black correspondent larry wilmore. welcome to the show. yes! >> oh, man, holy (bleep) jon. what a week to be black correspondent. i got on a plane to talk about cliven bundy and then sterling was blowing up. we have liberal cowboy racists and sports racists and dudes bragging about their black friends mwah. >> jon: it's a rich tapestry. i'm glad you are enjoying yourself. why is the conversation so explosive? why is the race conversation to fraught right now? >> well, jon, are notes are made for -- minorities are made for the obvious reason, stop and frisk, voter suppression, unfair sentencing laws, trayvon martin, stealing our music. >> jon: sure. >> diabetes. >> jon: i got it, non-whites nos are mad but what about white peo

which led to 7 minute abs which led to ab masters thigh masters and butt masters which led to the realizationt the best place to get a 6 pack is the liquor store miller lite we invented lite beer and the perfect six pack you're welcome (cheers and applause) >> stephen: welcome back, everybody! folks, if you're just joining our program already in progress, before the halftime break, i was taking it hot and hard to the national labor relations board for allowing northwestern university football players to form a union. if one of those thugs were here, i would give him a piece of my mind. here to receive my mind's police, please welcome former linebacker for ucla and head of the college athletes players association, ramogi huma! (cheers and applause) thank you so much for being here! >> you ready for my blitz? you ready! you ready! you in my house! you in my house! first of all, i do that to all my guests. we usually just edit it out. i want to thank you for pushing for this union thing. now when football goes away forever, i can blame unions instead of concussion. right? (laughter) so why do yo

reform plan known as "abe- nomics". despite whispers of doubt, tom elliott, an investment strategist with deveere group, sees opportunity. abenomics is a huge stimulus quantitatve easing and supply side reforms to the economy. so my gut feel is to take a long position, but this is for the investor who can withstand what will continue to be high levels of near term volatility." elliott see growth opportunities for investors in stocks related to japan's domestic consumption such as hotels, food distribution and retail. the u.s. is leading the global economic recovery.. but treasury secretary jack lew tells cnbc.. there's a lot of work to do". lew says the economy has been growing since the bailouts and reforms on wall street. but improvements are still needed for americans on main street. the treasury secretary believes jobs training and infrustructure programs will stimulate the economy. lew will be part of an international monetary fund meeting this week in washington dc. in our cover story, there's a new rush of recall

which led to 7 minute abs which led to ab masters thigh masters and butt masters which led to the realizatione liquor store miller lite we invented lite beer and the perfect six pack you're welcome (cheers and applause) > captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org >> it's 11:59 and 59 seconds, and this happened on google plus today. as an april fool's day stunt, google plus adde david hasselhoff photobombs to pictures that users uploaded

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anti-clim abbing tick, it was -- anti-clim abbing tick. israelis decided to inspected the talks considering they could not negotiate with hamas, considering them a terrorist group. we should mention that mahmoud abbas on saturday said that he is willing to extend the talks, but only if three requirements are met. one, the release of the last batch of prisoners, two, a serious discussion about the borders of the future palestine state, and the freezing of all settlement construction. it seems for now there is no talks, there are no talks going on about extending the negotiations. in fact, the americans say it's time to take a break now. it seems as though they want both sides to take a breath before trying to convince them to get back to the table. >> it seems that we're is not only getting criticism by senators, some calling for his resignation because of comments about israel and being an apartheid state, but from within israel itself. >> well, there are many israelis who are fuming about john kerry's statement, and upset that he used the

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prime minister abe and u.s. vice president joe biden also discussed the trade talks over the phone. they spoke for about 20 minutes. the leaders reaffirmed the importance of speeding up the negotiations before a bilateral summit next week. >>> let's get a check of the markets now. investors in asia refraining from active trading. many markets across the region were shut for the start of the eastern holidays. here's how major bourses finished out this friday. trading volume as you can imagine there, pretty thin across the region today. tokyo and seoul did manage to end their sessions higher. shanghai, though, was down for a second consecutive day. the nikkei average gaining 0.7% to 14,516. that recovers a level that we haven't seen since april 8th. still many stayed on the sidelines today before bellwether companies are set to release earnings starting next week. the shanghai composite with a slight decline there, 2,097. shares of real estate firms came under pressure after data showed that the average increase in home prices for china's 70 cities slowed in march from a year earlier.