well other than the fact that you know africa union chair commission chair fuck you said that china in africa does centuries of history and as well as you know fighting the imperial fighting imperialism china does offer no strings attached in terms of politics when it comes to giving these loans so these countries that take up these loans don't necessarily have to be accountable and they will not interfere in the in the internal affairs of african countries some people argue that these african governments do not have checks and balances when we have rampant and runaway corruption in the continent but no strings attached is basically what makes china so attractive noninterference policy so not interference policy that from china looking at this partnership over time would have been the main benefit for african nations. well those who say that we have seen a lot of development in africa since the you know the relationship began but then those who say that it's not necessarily a win win relationship as they like to put it if you look at kenya for example the amount of imports that we impo

well other than the fact that you know africa union chair commission chair said that china in africa's centuries of history and as well as you know fighting the imperial fighting imperialism china does offer no strings attached in terms of politics when it comes to giving these loans so these countries that take up these loans don't necessarily have to be accountable and they will not interfere in the in the internal affairs of african countries some people argue that then these african governments do not have checks and balances when we have rampant and runaway corruption in the continent but no strings attached is basically what makes china so attractive noninterference policy so no interference policy there from china looking at this partnership over time what have been the main benefits for african nations. well those who say that we have seen a lot of development in africa since the you know the relationship began but then those who say that it's not necessarily a win win relationship as they like to put it if you look at kenya for example the amount of imports that we import from

of western cape and author of turn can several save south africa also in johannesburg denis george general secretary of the federation of unions of south africa was going to all mr herman what's wrong with suttles share scheme the house your anger and the shutdown. suttle had a previous gleam in zollo in insall actually included all workers that scheme went and water and then they created a new scheme and this schemes name is an isa and him he's a suddenly exclude the white workers so we sit here with a past of inclusion and then a future of exclusion and that frustrates the world workers that are frustrate them so that eighty nine percent of them voted in favor of a strike action they said well in ethics and math we want our voyage to be and then they can get out in the nessus striking and sight of the world this is how we feel this is our frustrations the positive of this of course is that we are a democracy in making so this is bringing balance again in the debate suddenly we talk again because what we say is absolute exclusion simply on the base of the race can be the future of south africa you've heard mr herman talking a

of western cape and author of turn can several save south africa also in johannesburg denis george general secretary of the federation of unions of south africa walk on to all mr herman what's wrong with suttles share scheme the house your anger and the shutdown. suttle had a previous game in the low in actually included all workers that scheme went and water and then they created a new scheme and this schemes name is an isa and he's a suddenly exclude the white workers so we sit here with a past of inclusion and then a future of exclusion and that frustrates the world workers that frustrate them so that eighty nine percent of them voted in favor of a strike action they said well in ethics and math we want our voyage to be and then they can get out in the nessus striking and sight of the world this is how we feel this is our frustrations the positive of this of course is that we are a democracy in making so this is bringing balance again in the debate suddenly we talk again because what we say is absolute exclusion simply on the base of the race can be the future of south africa you've heard mr herman talking about the reason

africa. the unions. civil society as well as business. have a better outcome out of the process like that. >> last week in your economic stimulus and recovery plan, you said you would redirect around 50 billion rand. where are you take it from and putting it in? what ministries? >> we are going to reprioritize our budget. we are looking at where we can reprioritize and we can get is 50 billion. where are we going to put it? we are to put a lot of it in small and medium enterprises. we are going to put a lot of it in agriculture. agricultural production. we are going to promote businesses in the townships and rural areas. we are going to focus on youth and women so a number of entrepreneurs can benefit and become very economically benefited. 400 billion will also be available for infrastructure. we are going to create a mega fund for infrastructure to agglomerate a number of funds and moneys we have in our economy. is going tosector be invited to participate. nt ventures. loans. promoting private partnerships with the target sector. is goi

we are collaborating with all role-players in south africa --the unions, civil society, as well as businessoutcome out of a type of process like that. francine: you also said last week in your economic stimulus and recovery plan, that you would redirect around 50 billion rand. right? where are you taking it from and putting it in? what ministries? pres. ramaphosa: we are going to reprioritize our budget. we are currently looking at where we can reprioritize and where we can get this 50 billion. that will be announced by our minister of finance in his medium-term budget statement. and where are we going to put it? we are to put quite a lot of it in small and medium enterprises. we are going to put a lot of it in agriculture, agricultural production. we are going to promote businesses in the townships and in the rural areas. we are going to focus on skilling the youth and women, so that a number of entrepreneurs can benefit from it and become very economically active. but 400 billion will also be made available for infrastructure. we are going to create a mega-fund for infrastructure to agglo

ing or condescending you know i say you know the way forward on africa and every country has to follow its own path. and the african union has agreed on the plan africa twenty sixty three. we must insist that they stick to this then we can support them it will only succeed if the commitment comes from the african states and their leaders themselves for fighting corruption equal rights and the full participation of women. and i'm convinced that africa's women are a crucial key to success because why wouldn't. you say fighting corruption how can you ensure that the money you put into africa will not end up in the hands of the corrupt elite as it so often does. not a single europe of german taxpayers' money will go to corrupt elite or corrupt states. we only fund our own projects. and i mention china here when it comes to development china is a step ahead. of beijing is now investing another sixty billion dollars in the african continent to safeguard a supply of natural resources are the chinese the new colonialists in africa. i'm not happy with a lot of the things that they are doing there. but we cannot simply condemn the

increasingly keen on european coastguards to keep refugees in the middle east and north africa the european union's twenty sixteen agreement with turkey and italy's bilateral agreement with libya last year have helped cut refugee numbers to europe by ninety percent compared to twenty fifteen among the e.r.c. i members facing charges is twenty three year old sara martini a syrian refugee who with her sister used an olympic swimmer saved eighteen refugees from a sinking boat in twenty fifteen says that on the dates of several of the alleged offenses she can prove she was in germany where she has been granted asylum and enrolled in college he says the police evidence is scant then wouldn't be heard from others but he wanted to charge of espionage is based mainly on the fact that some people of listen on the radio conversations between the greek and your pain coastguards these conversations which you referred to a state secrets all took place in open channels anyone can listen to open channels in fact sailors are obliged to tune into channel twelve so they can hear the coast guard so this is no state s

champion the urgent implementation of sustainable goals as outlined by the minister in south africa and the unionpotential of young people to realize the dream mandela fought for. let us honor the life and legacy of this great man by heeding the call to active participation and active citizenship in which all of us feel valued, and all of us feel we can contribute fully to. let us be part of a better world for all. long live the legacy of nelson mandela. viva nelson mandela. viva! >> please welcome deputy secretary-general of the united nations amina muhammad. >> what's up new york? are you having fun? >> tonight we would like to shine a light on that boy that was born 100 years ago in south africa. his long walk to freedom signified justice, it signified dignity. and it certainly signified what we are all looking for, peace in our world. it is that legacy that the united nations sees in the 17 global goals you're all here and standing for. and what we here to see is year on year, 2030, that we can take that journey, we can walk that 12 years to try to get to the 2030 goals. and so. i believe tha

increasingly keen for non european coast guards to keep refugees in the middle east and north africa the european union's twenty sixteen agreement with turkey and italy's bilateral agreement with libya last year have helped cut refugee numbers to europe by ninety percent compared to twenty fifteen among the e.r.c. i members facing charges is twenty three year old sara martini a syrian refugee who with her sister used a lympics swimmer saved eighteen refugees from a sinking boat in twenty fifteen says that on the dates of several of the alleged offenses she can prove she was in germany where she has been granted asylum and enrolled in college he says the police evidence is scant then warden actually has some of this but he wanted a charge of espionage is biased mainly in the fact that some people of listen on the radio conversations between the greek and your pain coastguards these conversations which you referred to a state secrets all took place in open channels anyone can listen to open channels in fact sailors are obliged to tune into channel twelve so they can hear the coast guard so this is no state

increasingly keen for non european coast guards to keep refugees in the middle east and north africa the european union's twenty sixteen agreement with turkey and italy's bilateral agreement with libya last year have helped cut refugee numbers to europe by ninety percent compared to twenty fifteen among the e.r.c. i members facing charges is twenty three year old sarah martini a syrian refugee who with her sister used a lympics swimmer saved eighteen refugees from a sinking boat in twenty fifteen says that on the dates of several of the alleged offenses she can prove she was in germany where she has been granted asylum and enrolled in college he says the police evidence is scant then warden of this guy he wanted to charge of espionage is based mainly on the fact that some people have listen on the radio conversations between the greek and your pain coastguards these conversations which you referred to a state secrets all took place in open channels anyone can listen to open channels in fact sailors are obliged to tune into channel twelve so they can hear the coast guard so this is no state secret or espi

we are collaborating with all players in south africa, the union, civil society, as well as business. we could not have had a better outcome over a process like that. francine: last week in your economic recovery plan, you said you would redirect around 50 billion. where are you taking it from and what are you putting it in? pres. ramaphosa: we are going to reprioritize our budget. currently, we are looking at where we can reprioritize and where we can get the flexibility. the finance in budget statements, and where are we going to put it? we are going to put quite a lot and to enterprises, agriculture, agricultural production, promote businesses in townships in rural areas, and focus on killing the youth and women so that a number of entrepreneurs can benefit from this and become very economically active. but 400 billion will also be made available for infrastructure. we will create a mega fund for infrastructure to a climb rate a number of funds and money that we have in our economy. the private sector is going to be invited to produce a pay inequity, joint ventures, concessional pr

increasingly keen for non european coast guards to keep refugees in the middle east and north africa the european union's twenty sixteen agreement with turkey and italy's bilateral agreement with libya last year have helped cut refugee numbers to europe by ninety percent compared to twenty fifteen among the e.r.c. i members facing charges is twenty three year old sara martini a syrian refugee who with her sister used a lympics swimmer saved eighteen refugees from a sinking boat in twenty fifteen says that on the dates of several of the alleged offenses she can prove she was in germany where she has been granted asylum and enrolled in college he says the police evidence is scant then warden actually has some of this but he wanted to charge of espionage is biased mainly in the fact that some people of listen on the radio conversations between the creek and your pain coastguards these conversations which you referred to a state secrets all took place an open channels anyone can listen to open channels in fact silence are obliged to tune into channel twelve so they can hear the coast guard so this is no stat

africa. apart from the african union and the assembly, you don't see this many leaders of africa in one countryhina just announced is going into more loans, including $10 billion into something called development financing. but the new thing is that this $5 billion that china wants to buy imports from africa, directly responding to criticism that china is selling more to africa than it is buying. the president of china xi jinping, went out of his way to say these projects are of mutual benefit and that china is not involved in the internal affairs of african countries. responding to criticism of huge political influence that it gains in africa with these deals. suddenly, lot of concerns around african countries becoming heavily indebted to china and may have to give some natural resource is further down the line, in order to pay back some of these loans. further down the line, in order to pay back some of these loanslj further down the line, in order to pay back some of these loans. i want to ask you about that. what both sides get out of this. you can see that clearly it's a huge and growing v

in austria in december with with countries inside the north of africa and the african union to try to shore up this this entire plan they did that the logic of it is is that the egyptians are really very good at stopping people from from getting out of the country and as sebastian coe said in that in that sound bite there actually managed to stop people leaving and take them back to egypt and so then opens the question up well how far does the european union want to go with a certain briefings i've had today if you say to them well if boats come out from the libyan coastline would they then be taken to egypt instead and they say well that would be very nice but it's early days and we don't really know yet and so the idea that egypt is effectively going to be off shored for sorting out europe's migration problems is is is very early in the thinking but it seems to be what they are actively describing is a new strategic partner a country they have identified specifically as one they can see that they can deal with and it does raise also questions all these countries are very happy to gi

it is significant. 56% of africa's trade is with the european union. trade between us is not enough. i'm convinced that we also have othere progress on agreements and have a continent to continent economic partnership between equal partners. and move towards a free trade agreement. another issue where i see strong lead for the union -- need for leadership in the union is brexit. i will not get into the details of the negotiations, which are being masterfully handled. they work on the basis of the unanimous position confirmed time and again by the 27 number states. allow me to recall three principles that should guide our work on brexit in the months to come. of theect the costs british decision to leave our union. we regretted deeply. we also ask the british government to understand that someone who leaves the union cannot be in the same previous position as a member state. areou leave the union, you no longer part of our single market. certainly not only in parts of it. [applause] secondly, european commission with parliament and all other member stat

phone albert to egypt we have for the first time a country in north africa that is willing to intensify talks with the european union egypt has proven that it can be efficient since two thousand and sixteen it is managed that leave egypt for europe and when ever they have lived it took them back you see has the latest from. for some time now the european union's had a problem it hasn't been able to persuade its own member states to take in a share of asylum seekers each because many simply don't want to and there hasn't been able to find a country outside the borders of the european union like libya for example to stop people coming in but now at these summits the austrians who are the pro current presidents of the european union reckon they found a solution the austrian chancellor and donald tusk the head of the european council went to cairo last weekend to meet president sisi of egypt donald tusk is announcing a summit in egypt's fabry next year and both men and their people are briefing they now believe that egypt is the european union's new strategic partner they say because it has proved its capability of keep

africa's will position must also change. continent isour toward closer and more productive operations but through the african union and through our general economic communities. the evident to climb of all certainties and authorities is -- to africa as would have been the case in previous eras. on the contrary, the effect has been to focus africa's attention on the urgent need to get our house in order and fundamentally change how we do business. unions why the african initiated a major financial reform more than three years ago. we are already seeing practical results. ancient discipline hasreform mos ago. produced an african union of budgets that is 12% lower than last year. supplies by funding member states has also increased substantially. fund whichn to the helps a for african union is highered operations is then when it was established in 1993. earlier this year, the historic free trade agreement was signed. that was the culmination of a decade of effort and enforces africa's place in the trade architecture. economies of scale and higher level of african trade will help our continentarchitecture. obtained the goals byle

said that he wants to hold a summit meeting next february in egypt's between the european union and north africa.

there are bits with egypt we have for the first time a country in north africa there is willing to intensify talks with the european union egypt has proven that it can be efficient since two thousand and sixteen it is managed boats that leave egypt for europe and when ever they have lived it took them back to. the thousands of men women and children who have drowned in the mediterranean and bear witness to the total lack of a strategy from the e.u. either to help rescue them or to find a reliable partner in libya to help instead europe now has many leaders whose biggest priority is to keep asylum seekers out egypt c.c. looks to be in. the european union has found it absolutely impossible to persuade individual member states to share out asylum seekers between them but if you ask those same countries would you pay somebody else to do it then they all reach for their wallets in terms the new european migration plan is to outsource the whole thing to egypt and they see no moral hazard in getting a country with such a poor human rights record to do it. also the e.u. if it means that egypt's will run migrant detention centers

we are collaborating with all role players in south africa, the unions, civil society, as well as businessuld not have a better outcome out of a type of process like that. haidi: that was the south african president at the bloomberg global business forum. coming up next, more from the global business forum in new york and take a look at what the next financial crisis might hold with citadels ken griffin and the jp morgan wealth management ceo. this is bloomberg. ♪ shery: it is "bloomberg daybreak: asia." i am shery ahn in new york. haidi: and i'm haidi stroud-watts in sydney. 2008 financial crisis left him anything ever again, but some say another liquidity crunch is inevitable. sharing those views at the bloomberg global business forum in new york. i think jp morgan was incredibly fortunate to only suffer a crisis confidence. it is a real statement about the management team at the time that your core business was largely unscathed, but many of your contemporaries incurred tens or hundreds of millions of dollars of lawsuits related to their portfolios. and that is really the cause of the g

increasingly keen for non european coast guards to keep refugees in the middle east and north africa the european union's twenty sixteen agreement with turkey and italy's bilateral agreement with libya last year have helped cut refugee numbers to europe by ninety percent compared to twenty fifteen among the e.r.c. i members facing charges is twenty three year old sarah martini a syrian refugee who with her sister used a lympics swimmer saved eighteen refugees from a sinking boat in twenty fifteen says that on the dates of several of the alleged offenses she can prove she was in germany where she has been granted asylum and enrolled in college he says the police evidence is scant then warden of this guy he wanted to charge of espionage is based mainly on the fact that some people have listened on the radio conversations between the greek and your pain coastguards these conversations which you referred to a state secrets all took place in open channels anyone can listen to open channels in fact sailors are obliged to tune into channel twelve so they can hear the coast guard so this is no state secret or es

or them or a client us is al jazeera live from doha also coming up european union leaders discuss new partners in north africa to tackle the issue of migrants arriving on the soil. for malaysia need energy result faces new charges of money laundering and corruption. plus a display of affection or aggression al-jazeera uncovers the dark truth about the treatment of animals in china's marine parks. after historic three days with north korea's kim jong un the president of south korea is back on home soil. address the nation about the trip to the north he said north korea had asked the south to mediate talks with washington and that camp wants a second summit with the u.s. president donald trump as soon as possible. i shall get your nose since the into korean relationship is in line with the development of the relationship between the u.s. and north korea pyongyang asked us to be the mediator they propose to work closely with south korea as well i think the u.s. should understand the position of north korea and resume the talks as soon as possible i believe the accomplishments made at the summit this time will le

european union leaders discuss new partners in north africa to tackle the issue of migrants arriving on their soil. the fight against terrorism a new report says the blockade on cattle by neighboring countries has a negative impact. plus a display of affection or aggression out as there uncovers the dark truth about the treatment of animals in china's marine parks on polar east with the sport and it's for doping of the world or thirty votes on whether to lift russia's ban make protests from athletes around the globe. now it was an historic three days with north korea's kim jong un and now the president of south korea is back on home soil me. has been speaking to the media to address the nation about his trip to the north he said kim wants a second summit with the u.s. president donald trump as soon as possible and he said north korea has asked the south to mediate talks with washington that is how it should or. since the into korean relationship is in line with the development of the relationship between the u.s. and north korea pyongyang asked us to be the mediator they propose to w

for the first time in south africa's history thousands of white union workers strike that furious that employ one of the country's leading and as a company is has introduced.

increasingly keen for non european coast guards to keep refugees in the middle east and north africa the european union's twenty sixteen agreement with turkey and italy's bilateral agreement with libya last year have helped cut refugee numbers to europe by ninety percent compared to twenty fifteen among the e.r.c. i members facing charges is twenty three year old sarah martini a syrian refugee who with her sister used a lympics swimmer saved eighteen refugees from a sinking boat in twenty fifteen says that on the dates of several of the alleged offenses she can prove she was in germany where she has been granted asylum and enrolled in college he says the police evidence is scant then warden actually has some of this but he wanted to charge of espionage is based mainly on the fact that some people have listen on the radio conversations between the greek and your pain coastguards these conversations which you referred to a state secrets all took place in open channels anyone can listen to open channels in fact sailors are obliged to tune into channel twelve so they can hear the coast guard so this is no st

egypt we have for the first time a country in north africa that is willing to intensify talks with the european unionegypt has proven that it can be efficient since two thousand and sixteen it is managed boats that leave egypt for europe and when ever they have lived it took them back. ugandan pop star turned politician bobby one has returned home after receiving medical treatment in the u.s. for injuries he says he suffered while in ugandan police custody hundreds of supporters gathered outside his home and compositor one says he will keep fighting the government the u.s. has called on turkey to release a former nasa scientists who was arrested after the failed coup when twenty sixteen serco on gold who was accused of having links to the us based cleric fethullah gülen whom turkey blames for the attempted coup goal jew was arrested in his home city of valor and later sentenced to seven years in prison on wednesday a turkish court reduce that to five years. thousands of cattle are prone to penance activists have protested in barcelona to mark the anniversary of last year's secessionist drive proteste

for the first time in south africa's history thousands of white union workers have staged a strike they're furious their employer one of the country's energy companies has introduced.

there are bits with egypt we have for the first time a country in north africa that is willing to intensify talks with the european union egypt has proven that it can be efficient since two thousand and sixteen it is managed boats that leave egypt for europe and when ever they have lived it took them back meanwhile a unit has have dismissed the u.k. prime minister's breaks a plan is unworkable european council president donald tusk says to resumes proposal undermines the single market but may insists her deal is the only one on the table ugandan pop star turned politician bobby wine has promised to continue fighting against the government or die trying he made the comments while greeting crowds of supporters outside his home in the capital kampala one has returned from the united states where he was receiving treatment after allegedly being tortured in custody and the government determined to keep us safe in our own country i thought as i say if you were unlucky or not and we've done a lot of thinking and that we write my trip down i don't get that freedom and if i don't get that freedom in my life this may be actually

africa to shoulder all the burden without offering people any opportunities. at. illegal entry into europe for more than just a few thousand selected refugees is something the african union is also demanding and it has its own plans for inner african migration. one hundred eighty five percent of my response is within africa. that's an established product however up starting from china you seen. it continent we've been putting in place if you know if free movement protocol which is in three parts of foster this abolishing of research the next one is recipes i mean domestic crysis right of first operation so. now we have put in money meant of migration on the continent in a more legal framework. to watch if. it's it's like it's in cuba on our european partners with the our own experience to also support us but not strong to mind it out because of disparate policies to keep people out. but the e.u. steadfastly rejects this claims. he seems to me quite the complex reasoning the if we are managing and helping them in order to loose a man as their space you know for their own purposes not only our shop it's his i'm paying their their project if you say i work with africa's he

this embarkation platforms that's another word for migrant camps outside of the european union in northern africanow the host austrian chancellor our courts currently holds the news that we're taking presidency he said he wants more support from egypt a lesson in. group b. visas egypt has shown that it can be efficient jim said to me outside doesn't seem to stop ships setting off from egypt the year of sense twenty sixteen i will find if they have already set off just take in the mountains to look in the woman and what egypt is ready to put towards them close a coalition. how is this closer cooperation supposed to look like max. what the e.u. leaders are hoping for is that egypt would host the first of those disembarkation platforms that i just mentioned because the plan is has been for since july but there have been no takers in north africa all the countries declined and egypt is the first country to at least be ready to talk about this to negotiate with the european union it doesn't mean that there really will be one of those migrant cabs in egypt but if it works let's say it does work and egy