by another ten years asia will be more than us and europe combined by g.d.p. and so and of course you know economic power and military power. you know highly correlated but in the medium to long term and so it's rational for the u.s. to be focusing in terms of quote unquote the pivot economic political pivot towards asia that's number one number two is so we should not expect the u.s. to act irrationally and that's kind of the invasion of iraq was the rational was and it wasn't wasn't that irrational wait wait wait wait of course it was it rational that was completely stupid on the us part but just because the us acted irrationally doesn't mean that it's good for the u.s. to keep acting irrationally for ever number one number two is that we should not make the mistake of looking at this as a us versus china because in this day and age what we're talking about coalitions of and actually if the u.s. was you know kind of jumping into asia uninvited that would be one thing i could imagine you know kind of. a lot of concern about that but u.s. is being invited back

that we the united states is sending sixty percent of a vast military armada to to the to the east asia the western pacific now they say the excuse given is there's more economic activity there so the u.s. needs to send troops. well down the street here there's a sale that i'm a small that there's a lot of economic activity do we need to send troops it is it is just an absurdity it's a nonsense as far as keeping the seas open there are no want to start and to close the seas china needs open seas for its development so that doesn't make sense i think that this is yet another attempt by the united states to maintain its. status in the world and i think there's a bit of panic going on here in the united states foreign policy establishment because if they cannot break china up then the united states is destined if china is to become a moderately prosperous country and bring wellbeing to its citizens then the united states will be set in place just for a few of the different population i think so i think this is a bit of good or bad her first it won't go ahead on her head. well i mean i thin

well i mean i think there's a lot more to the pivot to asia than simply containment of china i think that that's a very simplistic rendering of the idea and i wouldn't be i also wouldn't be overly sanguine about the ceiling issue fact that there is never been a threat to the sea lanes doesn't mean that there never could be a threat and i think the united states has a legitimate interest in protecting the sea lanes in global commerce and it isn't just washington's interest you also have to consider several of the other countries in the region that have very very advanced trade relations with the u.s. japan and south korea the philippines those countries are also. would prefer washington's activity in that in the east asia region particularly in relation to the ceilings in war in washington which i reply to what we've already heard yes exactly because i mean you know basically the last thing we should expect last thing the chinese would expect or any other government to expect is that for the u.s. to act irrationally and you know i mean given that asia has about fifty five percent of t

week south asia." new mechanism can be used to pull in instruments. no money for infrastructure and education. now, for the details. in less than a month, more than three times china has crossed the border with india, amounting to insurgents, raising the level of mistrust and tension between the countries, but amid rising friction, stakeholders on both sides held talks in new delhi. according to top article talks, -- protocol talks, they spoke on broader affairs, but the short incursion dominated the talks. here is the report. >> recent state of incursions from chinese troops into india figured in the talks between the two countries here. both sides discussed ways to make the functioning of working neck and dozens more efficient with the possibility of more confidence building measures. at the two official level talks, both sides deliberated on ways to maintain peace and tranquility against the background of concerns over incursions from the chinese liberation army. three incidents have been reported,

>> hello and welcome to "news week south asia." in this weeks episode, a series of attacks in pakistan, even during a holy month. now for all the details. india has caught a big catch, a close associate of an underworld don. he also worked in close association with the commander. he was captured with the help of the uae and saudi arabia and governments. here is a detailed report. >> the special cell saturday confirmed the arrest of an operative who was wanted in at least 33 criminal cases. he is one of the 20 most wanted person sent to pakistan after the terror strike in mumbai in 2011. the 67-year-old is a bomb expert and is adept at making improvised explosive devices. an aide of an underworld don, he was most active between 1996 and 1998. >> he used to teach the outfit how to make bombs. he is also close to a man wanted in india for his role in the mumbai terror attacks. >> he has been charged >> he is se in the 1993 blasts in mumbai and the attacks in delhi in 1996 and 1997. delhi police had said he was actively involved. they

asia is continuing to do well.'ve seen profits are up 22%. 32% in the u.s., which has also come back very strongly. m&g in the uk, for the first time above 200 million pounds in the first half and uk business is continuing to do well. overall a very good performance. >> now, you seem surprisingly sanguine about what's happening in asia. many of your competitors were hit very hard by the slowdown. the worries around what's happening in asia, how is the emerging market weakness affecting you? >> it's not really affecting us because we are in a very early stages of the development of the market. what we are doing fundamentally is going into those markets and providing health insurance, out-of-pocket expenditures for health are the highest in asia, so it's an obvious case for bringing in insurance. because when people are insured like in the uk, out-of-pocket expenses are about 9%. in that space, we call it a protection gap. we can go in, sell people a policy, and everybody wins. it's a huge benefit. you can take somet

they lost their livelihoods as asia was rocked by the crash. in the philippines, gdp per head, or average wealth, fell for the first time since 2001, at the beginning of this year. manufacturers dependent on exports to the west were hardest hit. factories in the philippines shed 137,000 jobs. around the world, there are now growing calls for universal social security. dr. rene ofreneo is among the leading advocates for the cause in the philippines. >> in 1948, the united nations came up with this historic declaration on human rights, and, with no ifs and not buts, it declared that-- the u.n. system declared that social protection is the right of all workers. >> and if they need it anywhere, they need it here. the number going hungry rose to 23% of the population at the beginning of the year. >> they have nothing, no means to survive. the lack of social security drives people towards desperation. uh, drives them towards-- to commit acts sometimes of lawlessness, or little undesirable social outcomes. if you have a good-looking daughter, well, so

>> hello and welcome to "news week south asia." in this weeks episode, u.s. -- lighting indian rupee -- sliding indian rupee. government says no need for panic. and now for all the details. pakistan is already in the dark for harboring seminaries linked with terrorist organizations. ironically, rather than cracking the whip on these groups, islamabad is inclined to host them. recently, another popular seminary is also banned by the united states, but seminary refutes the charges. students and teachers at a pakistani islamic school designated as a terrorist training center by the united dates rebutted the charges and said they had not had a chance to defend themselves against the accusations. the u.s. treasury imposed sanctions on the islamic school, saying it trained recruits and facilitated funding for al qaeda, the taliban, and others accused by indian intelligence of masterminding the 2008 mumbai attacks. the sanctions include a ban on u.s. citizens having anything to do with the schools. the pakistani interior ministry and the

let's look what's going on in eastern asia. two storm systems on the map here that are keeping our attention full here on wednesday. it's this one to the north to northeastern china and alsohe severe tropical storm down here towards the south. it is expected to intensify to a typhoon going into thursday morning. main threat fo this into taiwan and northern luzon, improving towards luzon but taiwan is the heavy rainfall, 200 to 250 millimeters expected going throughout your day on thursday. also the southern japanese islands, about 100 millimeters. the main threat will be the high waves and wind. tyoon warnings in effect for the waters around the southern japanese islands off eastern taiwan. you could see waves up to 8 meters high. very dangerous indeed but also we're going to be see dangerous rip current along with heavy rains. also look to the north. we have the heavy rainfall across much of japan into the forecast. it's because of this storm system that i mentioned pulling out of northeastern china, it's going to bring heavy

week south asia." and this weeks episode episode -- the nation teams -- the opposition asks the government to give a befitting reply and restore the dialogue process with pakistan. and, jihad with india. pakistan admits for the first time that he was living there. now, for the details. the pakistan army has violated the 2003 cease-fire, with a special team committing this act. it is the 10th incident of cease-fire violations in one month, sparking massive outrage in india. the opposition and the strategic community are calling off -- demanding calling off the dialogue. here is a report. >> the indian army says five soldiers were killed when pakistani troops fired at a post near a cease-fire line in the amount and region. the incident would threaten peace talks that were scheduled to resume. the indian military called the attack a gross violation of the 2003 cease-fire between india and pakistan. when the cease-fire was largely held, such sporadic violations are not uncommon. killing civilian soldiers e

because the rebound to asia. it is basically an increasing emphasis on asia and to hold this in the middle east. it is at the expense of capability in other regions of the world. the military is shrinking. we do not have a choice. we do not have a single ship in southern command. you cannot say it is not eurozone. it is a relatively sound strategy. the independent panel called for a similar -- qdr independent panel in 2010 which was a stress test for obama's first defense strategy. some argue the bush administration started this. it is not zero-sum. i do not see any scenario where the congress could continue. what you are saying is that economically we will not be able to do that? >> their artie moving away from that in realistic time. the previous position is to not break the strategy. we also heard this reiterated at the pentagon last week. the reviews were to move it as is. a quarter trillion in defense of budget cuts proposal by senator patty murray, larger than the president in his latest budget process. tha

. >> welcome to the biz asia america. much more on what is happening in syria, but also latin america as well. we will travel to brazil to see what that country's central bank is doing to keep interest rates on hold. a special report on south africa's fight for economic equality. first, the latest from syria. >> u.s.says the u.s. is certai's government carried out chemical weapon attacks near damascus last week. obama said the u.s. had not yet decided whether to go ahead with military intervention. the permanent members of the un security council have held talks on a british resolution that could allow military action in syria, but that meeting has ended in deadlock. full report later on in the program. thousands gathered in washington to pay tribute to a historical day for civil rights in the u.s. 50 years ago, in 1960 three, the march on washington and martin luther king junior's iconic "i have a dream" speech changed history forever. i will be back in 30 minutes for more. now back to michelle in new york. >> thanks. de

southeast asia is watching closely how they respond to the challenges. they have disputes with china over the south china sea and view the strikers on asia as critically important to counter balance china's expanding power. a united nations team looking into human rights violations on north korea is visiting japan. they are meeting withhe t faamlies of japanese nationals abducted by the north and listening to their plight. the patient parents of the high profile abductee spoke to the un members. the closed door interview lasted for about 90 minutes. they pulled out photos of loved ones and gave details about the abduction. >> translator: i hope the united nations will take measures that will force north korea to act. >> the panel invites to a public hearing on the abductions of tokyo on thursday. they plan to submit a preliminary report of findings to the un human rights counsel in september. japanese researchers began a project to identify human remains in north korea. they are looking for traces of japanese who died at the end of world war ii. to compl

pivot to asia policy. but the global security picture has changed dramatically in three years.facto military coup has plunged egypt into further turmoil and the civil war in syria drags on with bashar al assad sochd using chemical weap weapons. >>> countries in southeast asia are watching closely how the u.s. responds to these various security challenges. some asean members have disputes with china over the south china sea and view the u.s. focus on asia as critically important to counterbalance china's expanding power. >>> at least seven people have died in india and dozens more are feared trapped after two adjacent apartment buildings collapsed. the failures underline concerns about shoddy construction and lax regulations amid the rush to build new homes and offices. the first three-story apartment building collapsed in the early hours of wednesday morning in the city of vadodara. the next door building collapsed 20 minutes later. rescuers are hurrying to find people who may still be trapped under the debris. >> translator: i was asleep when suddenly there was a loud noise. i

how's asia? >> thank you. a good start to the week for asia. china markets gained almost 2% today by overall positive corporate earnings and the free trade zone pilot program in shanghai. but a choppy session for japanese stocks hurt by concerns over the consumption tax hike. the nikkei 225 lost almost 0.2%. the kospi got a lift by auto and steelmakers finishing higher by nearly 1%. earnings news in focus in china. the country's number two lender added ed 0.7% after q2 earning slightly beat forecasts. and asia's largest refiner rose almost 2% after posting a 22% jump on its bottom line. but byd shares tanked almost 11% today. warren buffett-backed automaker saw its first half net profit rise 20 fold but warning the third quarter could be tough. in japan, index giant tepco among the biggest losers after reports of radioactive water leaks. the stock tumbled almost 7%. but real estate stocks lent some support on hopes that construction demand could pick up as tokyo bids for hosting the 2020 summer olympics. meanwhile, australian gold miners powere

is probably better known to all of you has the just retired assistant secretary of state for east asia and pacific affairs, a position he held for the first four years of the obama administration. he was critically important and played a pivotal role if i can use that word in the development of president obama's strategy of putting the united states towards asia, and in that context of will be particularly interesting to learn from kurt about the lessons that can be drawn from his rendezvous with destiny. in that position, he received the distinguished service award. i point that out because of a too received the award and i saw how difficult it is to achieve it. [laughter] i got it for the negotiations and nobody can possibly remember the headline negotiations, but i do think everybody will remember the role that kurt campbell played in the shaping of american strategy towards asia. so it is with great distinction that he received the award to the as i said, he was the founder, cofounder for the new american security a great new think tank that is doing a terrific and influential work

defense strategies toward northeast asia.former deputy assistant defense secretary with the obama administration talked about the north korea nuclear threat, china's modernization of its arsenal, and the u.s. nuclear deterrence policy at an event hosted by the stimson center on monday. this is 90 minutes. >> good morning, everyone. i'm ellen laipson and a delight to welcome you to this event, this monday morning in late august. were delighted to see all of you for discussion on a very important international security topic, extended deterrence and strategic stability in east asia. we're really delighted to welcome brad roberts was recently finished a long tour of the defense department working on these issues as deputy assistant secretary of defense and who' who is just back from g visit in japan, talking in particular with japanese about their views of extended deterrence. and end of his remarks today will be focused in part on his research in japan but also more broadly how the u.s. looks at these issues for all of its pres

to play a constructive role in the asia-pacific.speaking another language] >> we also noted the u.s. that the many times u.s. strategy is a comprehensive one incorporating areas such as economics, social, and also including military. language]ng another >> it is also worth noting asia/pacific and asians have no to the military aspect has been highlighted in this comprehensive strategy. language]ng another >> including to strengthen the military deployment in the region. enhancing the u.s. alignments in this region by conducting -- joint military exercises. language]ng another theould also noticed frequency and intensity of the joint military exercises are increasing at the present time. [speaking another language] >> from a certain degree, this kind intensified military complicatedurther the situation in the region. [speaking another language] >> china is a piece-loving loving nation.e- this strategy does not target a specific country in the region. the development of china is not only conducive to our own country, to the entire reg

and his final stop on a week-long visit to southeast asia. he talk e held talks on friday. he stressed america's commitment to negotiations on a new military agreement between the two countries which began earlier this month. >> this progress is welcomed and encouraging. i noted that our negotiating teams are working hard to finish the framework agreement in the near future. >> reporter: the agreement would fit well with the obama administration's policy of placing greater strategic importance on the asia-pacific region. the so-called comes as chinese influence is also spreading. tensions are rising in the south china sea where several countries including china, the philippines and vietnam have overlapping claims to sovereignty. the united states hopes to keep china in check by increasing its military relationship with the philippines. the allies are discussing proposed joint use of philippine military bases and the presence of u.s. military aircraft and ships in the southeast asian nation. but among the general public, voices of opposition are growing louder. they claim jo

go out and get one and have it out in asia as well right? >>> next our trade letters lay out the final trades ahead of next week. we are back in two. ♪ ♪ if you have high cholesterol here's some information that may be worth looking into. in a clinical trial versus lipitor crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or weakness feel unusually tired, have loss of appetite upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects.

stocks in asia and europe falling. so-called safe havens like gold seeing a lot of interest. it is wednesday, august 28th, 2013. and "squawk box" begins right now. >>> good morning. welcome to "squawk box" here on cnbc. i'm andrew ross sorkin with joe kernen and scott wapner, sitting in for the vacationing becky quick. let's start with the situation in syria. senior u.s. officials telling nbc news that the u.s. could hit the country with missile strikes as early as tomorrow. discussions about a possible options coming days after what is now believed to be the syrian regime's use of chemical weapons against civilians. nbc's richard engel filing a report from southern turkey, near the syrian border. >> reporter: washington says this is not about regime change, that the united states doesn't want to get involved in syria's civil war, that this will simply be a punitive action so that the use of chemical weapons does not go unnoticed and unchallenged. >> there is no doubt who is responsible for this heinous use of chemical

also in the rest of asia, it is just a mixed bag. is an area where cisco continues to have trouble. ceo john chambers said on the conference call cisco is committed to delivering on the financial targets they set, like gross margins being above 60%, like earnings growing faster than revenue in most quarters, well managed businesses do that, he said. and therefore that necessitates the making of the cuts so they are able to roll with the punches and the changes in this environment. he also said that cisco is taking too long to make decisions. he's going to cut out some layers that are slowing cisco down. but the stock tumbled at one point more than 10% after hours. if that is indeed where the stock opens later today, it will be back to the levels where it was back in may. guys, back to you. >> here is a quick look at cisco shares in germany, off by some 8.1%. pretty big declines on the back of those news coming out of cisco. >>> dell will release quarterly results after the bell today, publishing the earnings almost a week earlier tha

hopes to create new rules for trade and investment in the 21st century in the asia pacific region. amari said the two sides should work together to draw rules that could be shared by tpp member countries. >>> now, froman spoke to reporters after the meeting. he stressed that he would urge japan to eliminate tariffs on more products than it now plans. >> we understand that japan has some sensitivities, and it is not alone in that regard. tpp countries are addressing tpp countries are addressing their sensitivities in the context of negotiations toward a comprehensive high standard agreement where all goods are subject to negotiation. >> in the next round of tpp talks, japan plans to propose cutting tariffs on 80% of items that are up for negotiation. froman noted that 80% would be adequate as an initial proposal, but he said participating countries are aiming for a more ambitious and comprehensive agreement. >>> trade ministers from 16 asian countries have discussed reaching a free trade deal by the end of 2015. the delegates in brunei on monday hailed from southeast asia, japan, ch

muchas historias fueron narradas y ciudadanos de rusia, asia, centro y latinoamerica asi como europas. el evento fue realizado en las oficinas del congresista rob woodall. un representante de woodall agradecio a los presentes y aseguro que el mensaje fue escuchado y sera llevado al congreso para seguir presionando por una reforma al sistema una de las consideraciones por las cuales ciudadanos exigen reformas en el sistemas, es que consideran que existen muchas deficiencias y corrupcion. a traves de la comida, los participantes quisieron demostrar que estados unidos es un pais de inmigrantes y que existe necesidad en poner fin al problema migratorio que enfrentan mas de once millones de indocumentados que estan en el pais. tal como expresa esta mujer de raices jamaiquinos y criada en canada, esta situacion toca cada familia estadounidense ya que en algun momento de sus antepasados, existe un inmigrante. muchas historias fueron narradas y ciudadanos de rusia, asia, centro y latinoamerica asi como europa y africa contaron sus experiencias. el evento fue realizado en las oficinas del con

. >> you are watching biz asia america, your link to asia and beyond. u.s. markets took a pounding today. the dow dropped 225 points or 1.5%, its biggest loss in almost two months. the s&p 500 dropped 1.4%. the nasdaq was the hardest hit, falling one point seven percent. the chicago board of exchange's volatility index, or the fix, which is seen as wall street's fear gauge, spiked about 11% today. there was a broad selloff. every major sector was in the red, led by consumer discretionary and technology stocks. cisco fell seven percent after revealing plans to cut 4000 jobs, citing difficult economic conditions. and walmart, the world's biggest retailer, cut down its four year outlook and reported lower-than- expected u.s. sales. shares fell 2.6%. well, the world's largest pc maker now sells more smart phones and tablets than it does pcs. it doubled second-quarter sales over the same time last year. it sold 11.4 million smart phones and 1.5 million tablets. those sales helped it become the fourth-largest smart phone maker, with the marketshare share of 4.7%.

but japan is still part of a western imperialist order in east asia. then comes world war i. the germans are knocked out of this order, and a new international framework for relations among the great powers is constructed at versailles, and a few years later at the washington conference that president harding hosted here in washington, and japan is a member in good standing of that new international order, and it's saying that it will abide by the new peace code, and--respect for treaties, the covenant of the league of nations, and then in 1928, the kellogg-briand pact that outlaws aggressive war. japan's all part of that, and it signs on--it had signed on earlier to the hague conventions governing ground warfare and all. so when japan begins--japan emer--reemerges as an expansionist power in the 1930s, it does so as a revisionist power. it--it wants revision of this versailles-washington system. it wants to acquire territory and raw materials. it feels that the united states in particular has rolled back japan's gains, and it feels aggrieved, and it's in this context of a ri

asia's -- asia's biggest discount carrier, shares down 8% plus, feeling eat fect ining the weaker ringty is the big market for them in terms of the brands like trudy, they came off the lows of the day. and fortescue, a big iron ore producer in the world, they had decent numbers and the market responded to it. in the meantime, the flash china pmi data i talked about, that was a really decent number, coming off the 11-month lows and moving into positive territory. and this was a very welcome relief. unfortunately, carolin, perhaps a little bad timing when investors, of course, still panicking about the whole concept of fed tapering. back to you in london. >> absolutely. adam, thank you very much for that. let's give you a look at what's on today's agenda in the united states. weekly jobless claims are out at 8:30 a.m. eastern. forecast to rise by 10,000 to a total of 330,000. at 10:00, we get july leading indicators. richard fisher speaks at 2:00 p.m. at a manufacturing conference in orlando. and at 4:00 p.m., treasury secretary jack lew speaks about the economy and jobs, following a tou

other places here across east asia, we're looking at 21 degrees, chances of thunderstorms here. are also quite heavy across the central plains, across the north american continent here. this is due to a cold front sagging from canada, and this has a history of touching down a tornado in north dakota. so it has a capability of spawning even more tornadoes. towards the south, this low pressure system has spawned several tornadoes yesterday. for wednesday, these systems are going to be merging and becoming one huge storm-maker. so tomorrow we're looking at more severe thunderstorms to come across the region, all the way from northern texas and into the great lakes region. it's still quite hot across much of the arklatex region, reaching 38 degrees in houston, with plenty of sunshine. now to europe. it's quite hot across the eastern areas here, as well, due to the african heat moving south. so the jet stream meanders to the north and east and to the south. and the western areas and unstable weather will be continuing here. we have a report of 115 kilometers per hour, gusts reported

. >>> major japanese credit firms are expanding their business operations in asia. aeon financial service launched a aeon microfinance corporation in july in myanmar. the company expects the country's economy to grow with the progress in democratization. the company is the first japanese firm to provide financial service in myanmar. the company has contracted with some 100 shops. they include furniture and home appliance vendors. consumers can pay for items in installments with aeon's credit service. aeon hopes to increase the number of contractors to 1,000. another major credit firm, jcb, has formed a tie-up with indonesia's fifth largest bank, cimb niaga. jcb credit cards are now accepted by about 11,000 stores in indonesia. the indonesian bank plans to start issuing jcb credit cards early next year. >>> people in rural japan are scratching their heads about what to do with the wild animals that ruin their fields, boars and deer cause millions of dollars of damage a year. some communities are turning the creatures into a source of income. >> reporter: these may lo

. >> we have been talking about the heat over muchf eastern asia.t has also fed the cyst ism to become a tropical storm status. it was a tropicalal depression and now heading towards northeastern vietnam possibly making landfall late tonight into thursday morning local time. already will be bringing stormy conditions towards the country of vietnam. packing winds of 90 kilometers per hour. it is not going to be a huge one. it will be drenching rainfall where tropical storm debby has brought flooding conditions in the past several days. more than 200 millimeters found in and around hanoy. we will keep a close eye on this system. the summer pacific high sitting in the similar areas. we have heat warnings and advisories still posted wide across east asia. 40 degrees for shanghai. in japan we have the early warning already for the high possibility of extreme heat that will continue for the next ten days. so other countries are seeing on going story. average range around this. a lot of these areas are seeing well above your average range. please drink ple

let's check in on markets in asia. adam bakhtiar in singapore.of the morning is stabilization after that big sell-off yesterday. >> yes, we're seeing things stabilize. i caution the fact that with the release of the minutes out today in the united states, investors are still very jittery and nervous. you see behind me in the wall, the picture really mixed out here in asia in anticipation of fed tapering. as i'm speaking now, if you can kick off with emerging market space, we're seeing huge volatility once again. the indian market which had rebounded following losses the last few days, that gave way to deeper losses as we're seeing weakness again in the indian rupee versus the u.s. dollar. that has hit another record low as of today, even though yesterday we saw that currency rebound. that could be affecting the equities picture at this point in time, market still trading. deep losses, 258 points across the board there. indonesia managed to rebound from yesterday's two-day selling route that took the index down by 9 plus percent. indonesia's presi

it really is a very serious situation across much of eastern asia. if we look at the temperatures as well you're going to be seeing that although there's nothing particularly extreme in terms of the high temperatures, there's a lot of wet weather and thunderstorms about from tokyo through in to shanghai, chongqing and down into the tropics. lots of thunderstorms and heavy rain. on into the americas, you're going to be seeing some storms as well across the mountains here in the rockies. we have got that monsoonal flow coming in. and then very unsettled once again for the southeastern corner, especially the florida peninsula and right along that gulf coast. you've got a lot of moisture filtering in there. it's not going to be particularly heavy rain, but it's falling on already saturated land. there will be the risk of flooding. then we have another tropical storm here. this one likely to become a tropical storm through the course of friday. at the moment a tropical depression tracking in towards the baja, california, peninsula. that's where we're goin

motivation throughout southeast asia may be changing their lifestyle. but not here. nhk world, indonesia. . >> scorching heat hits japan in. >>s of china. we have the latest and more in world weather. >> good morning. we had a sultry day already here in met toll tan tokyo heating up to 30 degrees in the morning hours and much of the heart of eastern asia is looking at record breaking historical ongoing history with the heat wave. a historical heat wave is affecting them. it soared to 37 degrees, the highest on record. many fish farms have dried up. blistering heat is affecting western and central japan. more than 700 people were sent to the hospital yesterday due to heat stroke. the highest was 38 degrees over the past two days, making it the hottest in the country. the ice cream is sounding like a good idea. the heat is still here. upper level tibetan high is covering this continent and the summer specific high is so strong it is intensifying day by day. blanketing much of the regions. both are bringing heat warnings and advisories. i feel like a broken roar, but it

five in africa, and 11 in asia. river -- remember, i was on the intelligence committee before 9/11. and every member how little information -- i remove or how little information we had the criticism of the government

a look at what is on the agenda in asia tomorrow. inflation industrial output and retail sales data is released. key earnings in the region including the japanese tiremaker bridgestone. taiwan electronics firm and south korean maker laudit. talk of a twitter ipo growing louder with expectations that the listing could take place in 2014. julia boorstin looks at this business model. >> reporter: twit ter's busines model is built on ads. first up, promoted tweets. like this one from staples for back to school shopping. advertisers say willing to pay a certain number of people. but marketers only pay when users click, retweet or give a thumbs up favorite like this one from nokia and pay less the more engaging the ad is, designed to push advertisers to make their messages compelling. >> anytime you get a quarter of the population doing something, marketers are going to have a look and see if they can leverage that kind of site and that kind of behavior and twitter is in that position now. >> reporter: a second ad revenue stream is promoti

a strategic competition with china that requires diplomatic and military strategy the rebalance to asia as the obama administration terms it, does not clearly state what the objective of the rebalance and is. it is to counter the military power in the region with the slight redistribution of naval forces away from the rest of the world and to asia that the administration has announced will not keep pace with china's arms buildup and will not keep peace either end with 500 million already subtracted from the defense department from the first obama administration and sequestration will move at equal amount, where will the funds come from to deploy and maintain a larger pacific fleet in the future? a substantial portion of "mayday" looks at the size of today's fleet and its prospects for growth for the future. but the question is to what and? i believe our security is best served if we have a clear understanding of the strategy to secure our interest and those of our allies but i don't think we do. notwithstanding the question of this seapower for it is quite serious. at the end of the col

military in the asia- pacific? secretary hagel, would you like to elaborate a little on what substantive steps the u.s. should take in building such new model of relationships? >> [speaking another language] >> i understand our press friend concerns. it is also one of our major concerns. the regional security situation is closely linked to the overall keys and stability in the world. >> i have several points to make. the situation in asia-pacific is generally stable. there remains some sensitive issues on how they are heating while some other issues are getting even more sensitive. and proper handling of these issues could lead to a severe impact on the overall security situation in the region. >> [speaking another language] >> secondly, the chinese people have their level of keys. china is a staunch defender of the peace and stability in the asia-pacific. we always insist that disputes be set or dialogue and negotiation. no one should they decide that china would give away our core interests. no one should underes

the nikkei 225 outperforming the rest of asia, up by 2.2%. on the back of the yen weakness we're seeing, certainly the safe haven appeal of the currency is falling with sentiment improving. the kospi up by more than 1%. but still, showing losses for the week overall of more than 2%. now, what are the markets we have been focusing on this week, of course, is the indonesian market, because of its falling currency, because of its high current account deficit. i do want to show you the jakarta market. today the government unveiled new growth measures to stem the decline in the currency. they're aimed at shoring up investor confidence. of course, faced with slowing growth and rising inflation, the country's latest moves will try to cut dun on imports and keep money in the country. measures include tax relief for industries like agriculture and mining, curbing luxury car and oil imports and cutting red tape for foreign investors. on the back of the announcement, quite interesting, the market actually rose to the tune of 1%, but it has fallen back s

york will lead to many opportunities to model, not just in russia, but in europe, and of course, in asia. >> reporter: for darya, the door has opened to become a top model. the world will now be her catwalk. nhk world, vladivostok. >>> a university robot contest was held on sunday in the central vietnamese city of danang. it is sponsored by the asia-pacific broadcasting union. 19 university teams from 18 countries and territories took part. they competed for technical knowledge and unique ideas, with their handmade robots. the theme for this year was a green planet. each team entered two robots. one is automated and the other is manually operated. the participants competed for speed in completing two actions. one was to accurately place a cylinder at a designated location, and another was to throw a model of a sapling into the air and drop it on a 150-centimeter-high platform. the two finalists were japan and vietnam. amid loud cheers for both teams, the institute of technology from japan won the contest by speed. >> translator: i'm so excited to see so many great robots from asia. since

our troops in afghanistan, to protect our embassies, to protect our allies in europe and in central asia and the middle east. and i think all of that should be explained more forcefully by