so i think big -- east asia or a apec is definitely good for asia and good for the world. >> mr. kuroda, thank you so much for joining us today. it was good to see you again. >> thank you. >>> and that wraps up the final edition of "asia biz forecast" for 2010. i'm shery ahn. thanks for being with us throughout the year. please tune in on january 10th for our first edition of 2011. until then, all of us at "asia biz forecast" wish you happy holidays and a safe and prosperous new year. and now we leave you with a typical japanese year-end scene. crowds gathered at the temple this week to buy ornament at battledores which are believed to bring good luck for the coming year.

the international energy agency brant crude traded over ninety one dollars this week ahead of the apec meeting today but analysts a split a longer term outlook for the oil price touch of pork over reports. in contrast with many traders russia's finance minister. has a green prediction for oil prices sixty dollars per barrel within three years among those who agree with him feature rating agency says it's a fair price justified by fundamentals and stripped off speculation it is our view that a lot of producing countries are quite comfortable with the level of between sixty to seventy because it helps them balance their budgets but also think the price of between sixty to seventy companies can actually conduct and carry out some of the higher cost of projects for instance or all signs in canada church believes the current level reflects the supply demand balance however there is a threat to that long term make believe room which suggests if china is middle class follows american patterns and moves to the suburbs the number of cars could skyrocket as well as the need for gasoline in five

the price increase result were genuine shortage of oil the commons committee day before meeting of apec members to be held in the ecuadorian capital quito. time see how the markets are performing now here most critical of the sliding in late day trade energy stocks weighing it comes out of the polls or sessional thursday when most of the main players performed well the bench what was that is down north point five percent misawa air of what shares a drop in point two percent on news of a stake sale we have more in just a minute moving to europe and stock markets are trading on the in our grains on the apron with the drug and food sectors leading with gains potential has up one point five percent off that it was upgraded by a move that stanley puts it is sliding into the red this hour. and every major markets are also lower the best concerned they are using possibly raising interest rates the nikkei slipped from a seven month high and profit taking thing is also a drop sending the benchmark index to its fourth week replied in five weeks. to the u.s. now regulators the firm is in the asset

apec whether you like it or not goes by the policy of the government of israel. if the government of israel to mauro says we are giving up, a pack is going to come out with talking points why israel can give up and i can tell you now how many years since 73 we have had in the israeli lobby has had the talking points for why that is bad for israel's security. but if israel decides that that is something it can live with, the pro-israel lobby is going to support it. and just as now the lobby supports the two state solution and the creation of a palestinian state, not everybody likes it. everybody understands that there are dangers and problems and as long as that is the government policy that's what they are going to support. if somehow a new government comes to power with completely different perspective, if something happens in the middle east that causes everybody to change their views if the haitian mights fall from power in jordan and totally the palestinians take over jordan, hezbollah takes over lebanon, muslim brotherhood takes over egypt, all things that c

i am encouraged by recent elements in the g-20 and apec meetings. i hope we can translate this into political momentum that the wto and reach substantive agreements. i will continue to work with congress for a strong doaha round. we continue to work with the administration in this area. bottom line, as you know, we have to see more from emerging and developing countries like brazil, india, and china. on a customs issues. we need to continue to find ways to ease the flow of legitimate trade across our border security u.s. customs and border protection as -- u.s. customs and border protection products vital functions. my belief is that cpp's trade mission has suffered over time. the committee has shown leadership recently. the ways and means committee continues to consult with cbp in the private sector, and we are working on ways to reinforce and build on them and are our partners and customers of reauthorization legislation. the committee continues to develop legislation as we speak. its goals include -- rate prioritizing -- re prioritizing. tter ali

we are proud to have been one of the founding nations of apec.t was a great move by former prime minister bob hawke. it was a great move by former prime minister keating to lift the meeting to leader level. i was pleased to see that within our region the spirit of free trade and economic liberalism is still very alive and well. trade means jobs. >> my question is to the prime minister. i remind the prime minister that the government has lost its way. the questioning system has been ruled invalid. they avoided hard decisions and of the bank ignored the prime minister. i asked the prime minister if this government is fighting its way a bit like others. >> the prime minister -- >> thank you very much, mr. speaker. i think the leader for his question. he is obviously looking more to the christmas break. can i say to the leader of the opposition? the government is getting onto the job of delivering reform in this country because we want this nation to build to the opportunities of the future. i know that the leader of the opposition finds this hard to

in addition to this of course is complemented by her work in apec which is another form for regionalecently that china has taken steps along with ozzy on this past october to begin for example to discuss a formal code of conduct to the south china sea where regional stability freedom of navigation, respect for international law and unimpeded commerce under lawful conditions are essential for all of us for the united states, china and other countries in the region and indeed of the world to be able to achieve our goals of a secure and peaceful commerce in the region. non-proliferation is another key area of security cooperation where our engagement with china has paid substantial dividends. we have been working together in the global context to strengthen the npt and to work towards a world in which proliferation is addressed through effective challenges both regionally and globally. china has played an important role in dealing with the challenge of iran's nuclear program as part of the p5 plus one in discussions that have been taking place in geneva as well as our engagement at with

the us and largely to of the the first amendment concerns, the judge in the apec case that was testified about that the espionage a second country as he explained where as the statute will fill this requirement obligates the government to prove the defendant's know the disclosing classified documents could threaten national security and devotee will it leaves open the possibility is the can be convicted for these acts despite some salutary motive. bye contrast, the reason to believe requirement that the company's disclosures of information as distinct from documents requires the government to demonstrate the likelihood of the defendant's bad faith purpose to either harm the united states or to form the government. whether or not one can distinguish between the disclosure of the documents and the disclosure of information in the digital age is clear at the very least that nothing in the text statute speaks to the defendant's bad faith, nor is there a precedent for the proposition that willfulness which the espionage act does require is even remotely attend to the efficacy. in other words,

the us and largely to of the the first amendment concerns, the judge in the apec case that was testified about that the espionage a second country as he explained where as the statute will fill this requirement obligates the government to prove the defendant's know the disclosing classified documents could threaten national security and devotee will it leaves open the possibility is the can be convicted for these acts despite some salutary motive. bye contrast, the reason to believe requirement that the company's disclosures of information as distinct from documents requires the government to demonstrate the likelihood of the defendant's bad faith purpose to either harm the united states or to form the government. whether or not one can distinguish between the disclosure of the documents and the disclosure of information in the digital age is clear at the very least that nothing in the text statute speaks to the defendant's bad faith, nor is there a precedent for the proposition that willfulness which the espionage act does require is even remotely attend to the efficacy. in other words,

the us and largely to of the the first amendment concerns, the judge in the apec case that was testified about that the espionage a second country as he explained where as the statute will fill this requirement obligates the government to prove the defendant's know the disclosing classified docunts could threaten national security and devotee will it leaves open the possibility is thcan be coicted for these acts despite some salutary motive. bye contrast, the reason to believe requirement that the company's disclosures of information as distinct from documents reqres the government to demonstratthe likelihood of the defendant's bad faith purpose to either harm the united states or to form the government. whether or not one can distinguish between the disclosure of the documents and the disclosure of information in the digal age is clear at the very least that nothing in the text satute speaks to the defendant's bad faith, nor is there a precedent for the proposition that willfulness which the espionage act does require is even remotely attend to the efficacy. in other words, courts have