emperor akihito alluded to his wish to abdicate. we'll play the whole message for you now. >>> nhk world's news director is joining us with insight. what did you take away from the empb remember's address? >> well, the emperor is implying he wishes to hand down the throne. he said when he considers that his physical condition is gradually declining, he worries that it may become difficult to carry out his duties as the symbol of the state. and that his honest wish is that the duty can continue steadily without a break. he also commented on the possibility of the remaining in his position by reducing his duties or asking other people to stand in for him. but he indicated that isn't something he wants. >> so what stood out for you the most? >> well, i think it's clear the emperor highly values his duties as the symbol of the state. he said he's carried them out with his whole being, and i got the impression he strongly believes the duties should always be carried out that way. he implied if he becomes unable to carry them out sufficie

reporter: emperor akihito's son has just one child, a princess. does her grandfather hope that one day she will ascended the chrysanthemum throne? laura: the emperor hints at transition. you are watching "bbc world news america." gamesto come, the olympic are all about heroes and sometimes about heartbreak. we will have a report from rio. the catholic priest whose image when worldwide at the height of the troubles in northern ireland more than 40 years ago has died. footage was broadcast showing him waving a bloodstained handkerchief as he went to the aid of civil rights protesters shot by british protesters in what became known as bloody sunday. he was 82. chris buckler has this report now. of january,e 30th 1972, the day of the civil rights protest, and a of chaos on the city streets. 13 people were shot dead by british soldiers, and another died later from injuries. amidst all the pictures of bloody sunday, it was this image which stood up. a catholic priest waving a bloodsoaked handkerchief as protesters tried to carry a teenager to safety. th

akihito assumed the throne in 1980 and after the death of his father. now 82 years old, having had heart surgery and cancer treatment, he has hinted that it may be time to bow out. >> despite being fortunately healthy at the moment, i'm concerned about not being able to fulfill my duties as a symbolic head as i have done so far. reporter: there is currently no provision in japanese law to allow an ever to step down, but the prime minister said he took the emperor's messages seriously and that the government should carefully consider what it can do to help. upon reflecting on how he handles his official duty from his age, the current situation of how he works, i do respect the heavy responsibility the emperor must be feeling and i believe we need to think hard about what we can do." abe's stance is shared by many japanese people. a poll suggests 80% of the population with support emperor akihito if he chose to advocate. "he is very also i think it is a good thing. the crown prince should take the throne." "i'm for the japanese emperor abdicating because

in a rare televised address, emperor akihito told the people he is in good health, but fitness levels declining. prime minister abe said he will think about how to ease the emperor's burden. this is the third time a japanese emperor made a speech on broadcast media. >>> iran's government revealed it executed a nuclear scientist for treason. he was convicted of spying for the united states. he resurfaced a year later in the u.s. claiming he was abducted by the cia. and at the time, u.s. officials said he defected voluntarily. in 2011, he returned to iran where he was tried and convicted of giving vital information to the enemy. america. >>> in kabul, afghanistan, two lecturers at the university have been abducted at gunpoint. afghan security forces said one was american and one australian. two armed kidnappers stopped the car and broke through the window with a gun and took the men away with them. local media reports say the attackers were wearing afghan security uniforms. at this point, it is unclear who is behind the kidnapping. >>> authorities are investigating a tragic accident at

emporor akihito is revered deeply. not a place where people disparage the crown or make jokes at the expense of the royal family. it's not because of any legal constraints, it is simply that he is so perfectly symbol passion and piece and his actions, a politically i would add. the significance is that he is underscoring the fact that while his role as a symbol is important, it is just a symbol. he is not a living god. he can pass the mantle on to his son while he is still alive. in this sense it makes it harder for any sort of group in the future that might seek to think that symbol and utilize it for its own agenda, as happened in the run up to world war ii. in that sense, i think what he is doing completes his mission to make the emperor a symbol of peace and compassion and also a very humanistic symbol of those qualities. when you talk about peace and compassion, can he impact onn terms of the markets have any. ? >> we are thinking about that. in weeks past when we first got wind this might happen, we -- saw shares

courtney: akihito's 82 years old and has been in the ceremonial role 22 years.l be succeeded by his son, now he don't -- naruhito. in pakistan, a bomb killed at aast six or seven people at government run hospital. police say the bomber targeted lawyers who had gathered to mourn the death of a prominent lawyer killed earlier in the day. a faction of the telegram claimed response ability -- of the taliban claimed responsibility. terror attacks have impacted french tourism. luxury hotel bookings are the hardest hit category. global news 24 hours a day, powered by our 2400 journalists and analysts in more than 120 countries. and courtney donohoe. this is bloomberg. nejra: thank you. extending their games. the msci world index climbing to a one-year high following friday's better than estimated u.s. jobs report. what our next guest says it is hard to be upbeat on equities, because the fundamental data is not good. joining us from frankfurt is .hristoph kind, on theed to have you program. i want to start with you on the dax index. it,ave been talking about the fact th

he would be succeeded by his son not akihito -- naruhito.ournalists and analysts in more than 120 countries. nejra: thank you. let's turn to the currency markets. the british pound falling a fourth day. it is on course for its longest losing streak since the brexit vote. if you take a look at my bloomberg, this chart is showing the pound-dollar price change. where the bar goes down, that is where we have seen losses. these orban days of losses is actually the longest losing streak -- these four days of losses is actually the longest losing streak since may. joining us now is jeremy cook, chief economist and head of currency strategy at world first. you can see the losing streak. obviously, that was triggered by the bank of england's action. and then dollar strength because of the jobs data. how much more downsize is up? jeremy: we are still looking at a figure in the low 1.20's. if you believe the fed has another hike in them over the course of the year. and we have not seen the effects economyt on the u.k.'s yet. it has not been expressed i

on japan's emperor publicly discussing his wish to retire for the first time. 82-year-old emperrer akihito gave a speech today. his powers are only symbolic but japanese law requires an emto serve until death. >>> "the washington post" has support for a white nationalist. on his radio show, american nazi party leader said he thinks a trump presidency could open the coalitions. he has avoided making pro trump statements because he doesn't want to hurt his candidacy. >>> "wall street journal" reports settlement talks between gawker and former wrestler hulk hogan. the website went bankrupt after hogan won a $40 million dollar invasion of privacy judgment. the deal meansogan might get some money without waiting out the bankruptcy process. >>> new york magazine reports that roger ailes used money f his enemies. they say he hired private detectives to smear or spy on his opponents. he resigned last week among sexual allegations. >>> wait until you see this. a shark off southern california see me. see me. don't stare at me. see me. see me. see me to know that psoriasis is just something that i ha

emperor akihito alluded to his wish to abdicate. he spoke for around ten minutes. >> he noted that considering the gradual decline in his physical condition, he's worried it may become difficult for him to carry out his duties as the symbol of the state. >> he also talked about what he sees the emperor's duties as being. >> the emperor also expressed the view that it is not possible to continue reducing the duties, and he said he's concerned that, like in the past, when an emperor is ill and his condition becomes serious, society comes to a standstill and people's lives are affected. >> he ended by saying he sincerely hopes for the people's understanding. people around the country have been giving their reactions to the emperor's message. >> translator: the emperor has reached an advanced age, so i think it's good to hand over the throne to a successor while he's still healthy. >> i've been listening to the emperor since he was the crown prince. i believe he genuinely cares about the people. >> translator: i think the emperor though

emperor akihito will deliver a message monday afternoon. it will come in a prerecorded video. the emperor has been talking about hiss wish to abdicate. officials say the emperor will speak for about ten minutes about his duties as symbol for the state. the text of the emperor's message will be posted on the agency's site in japanese and english. the emperor is 82 years old and performs a number of duties. he has been informing close aides he hopes to hand over his position in the coming years. there are no political rules for abdication under the law. so legal measures will be necessary to realize his wish. stipulates the emperor shall not have powers related to government. if the emperor expressed publicly he wants to abdicate, it could be taken as political. so he's expected to refrain from using the word "abdication" or others that express his wish. but sources say the announcement will convey his feelings. this will be the emperor's second video message to the public. the first one was delivered five days after the massive earthquake and tsunami hit in 2011. the imperial h

. >> woodruff: japan's emperor akihito signaled today he'd like to step down. position is symbolic, and ha has no political power, but his abdication would require a constitutional change. he spoke in a rare, ten-minute address-- pre-recorded and broadcast nationally. >> ( translated ): i am already more than 80 years old, and fortunately i am now in good n health. however, when i consider that my fitness level is graduallyfi declining, i am worried that it may become difficult for me to carry out my duties with my whole being as the symbol of the state, as i have done until now. >> woodruff: over the years, akihito has had heart surgery and been treated for prostatea cancer. he is the 125th emperor in a dynastic line that goes back more than 2,700 years. >> ifill: parts of eastern mexico are reeling after the remnants of hurricane earl touched off deadly mudslides over the weekend, killing 40ll people. surging rainwater uprooted buildings and tore through concrete walls on saturday. soldiers and first responderss worked sunday to clear debris caked in mud.d >>

sebastian: akihito is 82 years old and has been in the ceremonial role for 28 years.time aggression. a new constitution is been inked by the military thailand. critics say the new constitution may boost the military influence over the government. president, latimer putin, maybe on the verge of a victory in syria. -- vladimires putin, may be on the verge of a's victory in syria. in istanbul, turkey's president erdogan has vowed to keep seek to whatever powers undermine the government. his government has detained or arrested almost 18,000 people, mostly from the military. global news 24 hours a day, powered by more than 2600 journalists and analysts in more this is countries, bloomberg. francine? francine: italy's future is 'anging by a number of banks nonperforming loans. , with david woo, bank of america head of global rates and currencies. luigi, when we go back to the italian banking problem, do the markets expect a resolution quicker than what the eu needs to resolve it? is it a bigger issue than briggs at? this be the final -- then brexit? luigi: i think there is

what is emporor akihito likely to say here?oint legally he cannot do it according to the constitution. however, he is likely to hand that he will step -- to hint that he will step down and that he is having difficulty staying on top of his duties due to his advanced age, which is a message that will resonate in japan. there is a lot of historical significance to this event, isn't there? >> yeah, this is hugely important. ule has akihito's allowed him to stay clear of politics. it is fair to say that he has .chieved the era the significant thing is that it underscores the fact that while he does occupy an important role as the guardian of japan's pacifism, he is not a living god. that mantle can be handed on even if he is still alive. it prevents any rift in the future that might seek to somehow use him as a symbol for its own agenda. in that sense, it completes his mission as a humanitarian, a living person who promotes peace and compassion. ithaad: i'm guessing that does not have a read through when it comes to the economy or

there is a lot of speculation that there will be not just a response to emperor akihito's request town, but a broader look at succession it self and i think the female scarlet:n question will come up. scarlet:-- question will come up. talks about barrett gridlock on washington. ♪ scarlet: donald trump's economic plan has not mentioned in title and. senior economic adviser tom is a reason there for it. he explained to eric shatzer in an exclusive video. entitlements are 67% of the budget. interested a on our deficit is another 7%. is 30% or 14%. there is very little left. you look at entitlements, that is 67%. you have got to move it. why does nobody talk about it? the american public does not want to reduce entitlements. the american public still wants more for less. it is not the american way. it is not the system that is failing, it is us that is failing. why? we have built a prison in which we are the prisoners. we talk about the department of interior, department of energy, none of us have any idea what they do. the allocation of revenues to all of these massive departments acros

japanese emperor akihito making a rare video address to the public today. hinting that he might step down. the 82-year-old saying it may become difficult to adequately fulfill his official duties. japan's emperor has no political back. it would be unprecedented to have an emperor step down. >> if he were to abdicate, it would be the first time a japanese emperor has done that since 1817. interesting to watch. >> in turkey, istanbul, more than 1 million people gathered on sunday in a rally staged by president erdogan. the so-called democracy and rally was aimed to show strength after last month's failed mi-- military coup. >>> breaking news out of pakistan this morning. a massive bomb went off on the government run hospital in the southwestern part of the country. police say at least 53 people are dead and dozens are wounded. no group immediately claiming responsibility at this stage. >>> switching focus now. the crip toe currency explaining which lost over $70 million last week to hackers telling customers that they would lose over 36% of their assets that

it was only emperor akihito second appearance on tv.health is declining but the constitution says emperor's most serve until their death. it would require a change in law to allow him to abdicate the throne. japanese law also prohibits women from becoming emperor. a professor of asian studies says the possibility for a female empress has been opened. >> it would certainly be possible to do that but once you have opened that door, you have opened several others. >> the issue of a female empress came up in 2005 when the crowned prince only had a daughter, making her second in line to the throne but talk of allowing a female empress died down when a male cousin was born the next year. >>> the kansas waterslide billed as the world's tallest is off-limits as authorities try to figure out how a 10-year- old boy died writing it. he was found dead in the pool at the end up to 169 foot tall slide yesterday. very few details are being released but we know the attraction faced multiple delays before it opened in 2014. adjustments reportedly had to

among the dignitaries were emperor akihito and prime minister shinzo abe as well as family members of the war dead. abe paid his respects to the war dead and said the people of japan have never forgotten that the country's current peace and prosperity was built on their sacrifices. >> translator: we humbly face lessons from history in order to contribute to world peace. we will do our best to realize as a society where everyone can live peacefully and hopefully. >> at noon, the participants observed a minute of silence. the emperor expressed his profound sense of remorse over the war. this was his first public appearance since the video message was released earlier this month in which he indicated his wish to abdicate. >> nearly 80% of the family members who attended the ceremony are 71 years or older. the number of war widows remains at seven. >>> earlier in the day, prime minister shinzo abe sent a ritual offering to tokyo's yasukuni shrine. honoring the war dead. they have since made the offering on the anniversary. the offering came from abe's private funds and was delivered by hi

akihito has said ongoing health issues could make it difficult for him to carry out duties. hinting at possible abdication in the future. the emperor expressed concern as his condition becomes serious. >>> china's exports and imports fell in the month of july. demand remains sluggish. kerry kang is with us in hong kong. good to see you this morning. talk us through the overarching message that we should be taking way from the data. >> exactly. thank you very much, louisa. it was a pretty rocky start for the third quarter for china. both exports and imports falling more than expected the past month. we're focusing more on the bigger drop in imports this past month. down 12.5%. which is the biggest drop since february. we did -- it did come above the market forecast. we did come in higher than the month before. but still, this can be explained by the bigger drop in imports as well. markets participants are focusing on this drop as well. attributing some of this to the drop in oil prices. slump in imports is exaggerated due to massive flooding that impacted the slow demand and

. >>> in a rare televised address to his nation this morning, japan's emperor akihito said he's worried his age and health might make it dcu to fully carry out his duties. he's 82 years old. he stopped short of saying that he wanted to abdicate but he hinted that he's looking to put an orderly succession process in place. >>> and a new statue of legendary comedian lucille ball. it was unveiled this weekend in her hometown of celeron, new york. it replaces the sculpture that many called scary lucy because they didn't think it looked the new version on the right is made of bronze. it weighs 750 pounds and so far, no one is calling it scary lucy. she looks great. you're all caught up at 8:09. back to matt and hoda and al down in rio, guys. >> three thumbs up on the new statue. we like that one a lot better. >> we do. all right. before we go, can we say hello to this gentleman. >> i know this guy. >> you know him? >> he knows me. >> how many olympics? e >> awesome. >> and i get a hug from meredith, katie couric, they all give me a hug. >> okay. >> okay, you can let go now, sir. >> can i tel

akihito said in a televised message that he will step down because it is difficult to carry out his duties. he is 82 years old and it has been in the ceremonial role for 20 years. he will be succeeded by his son. it hangs infirmed nuclear scientist accused of providing secret information to the u.s. in 2010,ed to iran claiming that he had been kidnapped and held in the u.s. for 40 months. in istanbul, turkey's president erdogan has vowed to keep fighting whatever powers seek to undermine the government. his government has detained or arrested almost 18,000 people, mostly from the military. global news 24 hours a day, powered by more than 2600 journalists and analysts in more i am an muchtries, andra. jon: coming up, $62 billion of u.s. bonds in the market this week. as demand for treasuries soured after friday's jobs report. richard clarida weighs in on that and more next. from new york city, this is bloomberg. ♪ jon: this is bloomberg. treasury yields are holding to a four-month high as we face a week supply coming up whether out 3, 10, and 30-year debt. joining us now is richard clarida.

consider how to make the process smoother comes after a recent media report he may want to abdicate akihito'she likely successor asended to thrown in 1989. >> walt disney world building barrier between guests and alligators boulder walls along seven seas lagoon beach line after the two-year-old boy was dragged off by al investigate or at grabbed floridian resort and spa in june and killed after the attack a warning signs placed near where incident happened disney says wall is part of the company original safety plan, after an attack earlier this summer. >> airbnb raising money the home sharing company raising 850 million dollars, the new round of funding are reportedly values airbnb at 30 billion smackers, doesn't mention who is making the investment sandra no comment from airbnb. >> thank you very much i am checking delta for any update there all flights delayed they advise if you have a flight still go to the airport because any moment they could be back up and running. >> don't tweet not going to tell you anything -- >> that, too, thank you. america's golden swimmer adding to his medal col

. >>> japan emperor akihito making a rare video address saying he might step down. the 82-year-old saying it may become difficult to fulfill his duties. while he has no political power, he is a revered figure in that nation and will be unprecedented in modern japan to have an emperor, guys, step down. >> that hasn't happened in about 200 years. >> you never hear from him. >> once a year. christmas greeting. >> this in particular back when they had the nuclear accident. >> right. >> he actually addressed the public at that point too. it's been twice he addressed the public. >>> corporate news this morning. talking about japan. the fair trade commission raided the office of amazon japan on suspicion of anti-trust practices. this according to a report in the nikkei. imposing conditions on retailers of forcing them to sell products at a lower price if they were advertising on other online shopping sites. we're talking about shopping, walmart set to acquire the online bulk retailer jet.com. we talked about this transaction last week. that deal expected to be about $3 bil