for the asia-pacific re . ion tariffs. for the asia-pacific region whenever _ tariffs.tariffs - tariffs. for the asia-pacific region whenever tariffs are going up globally it is bad news, headwind for growth because asia is the centre for manufacturing exports and that creates a headwind but i think the intended trump tariffs and the intended trump tariffs and the threat to raise tariffs on china by 60% and on other countries i 10— 20%, one byproduct of that will be that some countries in the region could benefit from that as they did in the first trump administration if they can replace chinese exports to the united states and fill in those gaps. d0 united states and fill in those .a s. , ., united states and fill in those “as. y., , united states and fill in those “as. , ., united states and fill in those as. , ., , gaps. do you see that as being the way things _ gaps. do you see that as being the way things will _ gaps. do you see that as being the way things will head? - gaps. do you see that as being the way things will head? that| the way things will head? that ot

we'll look at how us—china trade tensions could impact asia in 2025.ello and welcome to business today. i'm steve lai. we'll start with some breaking news from south korea and president yoon suk yeol has defended his decision to impose martial law last week. in a public address, the president hit out at the opposition party accusing them of creating a "national crisis". the benchmark conisbee index was affected but has since recovered. that is off the back of tech companies railing on tuesday. the latest data showed that prices rose 2.7% in november compared with a year before. that's in line with what analysts were predicting. markets reacted positively to the news with the tech—heavy nasdaq topping 20,000 points for the first time. inflation has generally been cooling throughout 2024, but concerns around the cost of living have been a hot—button issue. for more, i'm joined by economist paul gruenwald. a slight uptick in the inflation numbers, we are kind of going sideways. may one good piece of news was shelter inflation went down a bit but in line w

in asia, of _ rather than hobble them. mmm. in asia, of course, _ rather than hobble them. mmm.f - rather than hobble them. mmm. in asia, of course, much of the l in asia, of course, much of the focus is going to be about the relationship between the us and china and, indeed, beijing's response to these tariffs that have been flagged. how do you see beijing choosing to navigate that in the next year? well, you already see early signs with its antitrust interest in nvidia in response to perceived hostilities from the united states. i think china also understands the power of deal—making and the power of deal—making and the power of deal—making and the power of leverage. so you will see more tit—for—tat actions. but i think president—elect trump sent the right signal in inviting the presidency to his inauguration. by allaccounts, inauguration. by all accounts, it's inauguration. by allaccounts, it's not like ugly lea that he will come. but nonetheless, i think both sides show a renewed willingness for dialogue, and i think that's important in navigating the stormy waters ahead. ,

from ukraine to the middle east to the asia pacific, africa and multiple stops in latin america. i've been so privileged to meet our incredible workforce in every corner of the globe often doing unseen and unsung work on behalf of the american people. in fact i return from every trip severely jetlagged but also incredibly inspired by our workforce. 80,000 foreign service, civil service and locally employed staff, at 300 locations working to bring peace and stability to difficult regions during a challenging time. i think about when i last spoke here at gw it was an event with then vice president biden more than a decade ago. i think about all that has changed in the world around us since that time and what remains the same. have threats from malign states and actors looking to overturn the post-world war ii architecture. look no further than vladimir putin's unlawful invasion of ukraine and his attempt to redraw boundaries through brute force with devastating effects for ukraine's infrastructure. we face the threat of terrorism as we witnessed a year ago with a terrorist attack o

asia in 2025. hello and welcome to business today. i'm steve lai. shares of big us tech companies rallied on wednesday after the latest inflation report boosted hopes of an interest rate cut next week. the latest data showed that prices rose 27% in november compared to the year before in line with what analysts were predicting. the market reacted positively to the news with the nasdaq topping 20,000 points for the first time. inflation generally has cooled throughout 2024—bit concerns around the cost of living have been a hot button issue. economist paul grunwald gives his reading on the latest data. we are going sideways right now. maybe the one piece of good news was the shelter inflation went down a bit but basically in line with expectations, no big surprises as the market is concerned. looking back over the last year how would you say the fed has managed inflation? we have the policy mistake a few years ago but inflation has been coming down to a target. we have a split now between goods and services, goods inflation is actually close to zero b

i think it is a good thing for peace in northeast asia. i think this is a moment when this relationship is going to expand and become even more important to all of us. it is going to become a greater contributor to peace in northeast asia. grace: thank you for the rendition of love me tender. i also wanted to thank you for setting the stage in terms of the personal relationship that means so much in our day-to-day work at the pentagon with the state department. this goes so far to really make the real conversations work, not just at the dinner and at the table but behind-the-scenes. ambassador umemoto, we would love to hear some of your thoughts. amb. umemoto: national leaders have the connection for the general. there is a plan but there have to be people. of course i was always aware of what was happening. but how to translate that into reality, you have to have a lot of hard work. i was fortunate enough to be involved in bilateral discussions and we worked hard with my counterparts in the u.s. embassy, the state department, and to be qu

least in asia.least in asia.— at least in asia. a lot of those questions - at least in asia. a lot of those questions will. at least in asia. a lot of those questions will be | those questions will be directed at boeing the airline manufacturer. what will they be doing as part of this investigation?- doing as part of this investiuation? . . ., ., , investigation? the aircraft was a 7371 of the — investigation? the aircraft was a 7371 of the most _ investigation? the aircraft was a 7371 of the most reliable - a 7371 of the most reliable aircraft ever produced by boeing this is a major worry for boeing because they will also need to get on board with the investigation process and establish what went wrong. and i think this is going to be a global investigation. i'm not sure whether the aps p will be involved because this is not an american rigid —— registered aircraft, the faa and asian safety authorities should get on board with this because, when you have a bird/ whatever it was and that is best ter

which countries in asia are those?ell nestle infant cereal, whether it's in the european continent, in the americas or in asia, in most countries, we sell both with added sugar and without sugar. in the philippines, we already have several variants or flavours without added sugar, and we also have flavours with added sugar. the un's children agency has been working to better understand how baby food is made and sold in southeast asia. unicef found that in a study of 1,600 baby foods in the region, nearly half included added sugars and sweeteners. why is it that companies are able to sell these types of baby food and label them as healthy? the reason is we do not have regulation at the moment. we do not have government controls that restrict the marketing of the food or mandate companies to put labels. for example, if you go to other countries in europe, for example, they will have regulations that control the sale, you know, control what is sold out there and also make sure that companies put out what is... ..they�*re

asia has been a little bit different. _ weighing it up? asia has been a little bit different.n a little bit different. we have - little bit different. we have seen this decoupling of the global supply chain away from china. and the move from time tojust in case china. and the move from time to just in case strategies and that has benefited many countries in asia. that will continue to be the case, especially now that nobody is talking about de— risking the supply chain but decoupling it stop both sides. i would expect a lot of asian countries to benefit from that and so that might still be a theme that people will play out here. are people will play out here. are ou people will play out here. are you pro-china? _ people will play out here. are you pro—china? do you encourage people you invest port to put money in china or not? china has both _ money in china or not? china has both structural _ money in china or not? china has both structural and - has both structural and cyclical issues right now in the economy. there is a real —— are really bad wealth trap right now for consu

our asia correspondent - impeachment. our asia correspondent for - impeachment. impeachment. our asia correspondent for us in | impeachment. our asia . correspondent for us in the city of seoul. thank you. we can speak now to robert kelly, who's a professor of international relations at pusan national university. three days of silence. we finally hear from the prison. what was your reaction to the address? i what was your reaction to the address? ., , ., , address? i thought rupert was correct. address? i thought rupert was correct it _ address? i thought rupert was correct. it was _ address? i thought rupert was| correct. it was underwhelming. i think given the scale of what president yoon has done by declaring michael bushell law in circumstances that do not warrant it at all. —— martial law. echoes or shadows of what was when south korea's military dictatorship and the alliance remembers those days. it is widely does schmidt —— disproportionate to the military gridlock and i would expect the president to say more. there is a lot of concern about why he did thi

in terms in asia, it is incredible. terms of in asia, it is incredible. in terms of people shouting,ting behind ou? , ., behind you? they are shouting, arrest seoul, _ behind you? they are shouting, arrest seoul, so _ behind you? they are shouting, arrest seoul, so these - behind you? they are shouting, arrest seoul, so these are - arrest seoul, so these are supporters of the main opposition party. —— arrest president _ opposition party. —— arrest president yoon suk yeol. asl president yoon suk yeol. as i was talking — president yoon suk yeol. as i was talking to _ president yoon suk yeol. as i was talking to jake, _ president yoon suk yeol. " i was talking to jake, the us deputy secretary of state has been talking, saying they are watching developments in south korea with grave concern. no surprise about that phrase because south korea is such an important ally of the us, isn't it? it important ally of the us, isn't it? , , important ally of the us, isn't it? y , ., ., it? it definitely is, one of the closest _ it? it definitely is, one of the closest us _ it? it definitely is, one

it's mostly to asia populations by monstrous creatures and full of wonders. it's an extremely concrete aisha made up of cost of valuable foods, silks, precious stones, spices, but also cities of people. for the 1st time you discover this content novel that they would all pass corporate we still continuing the microphone. o'shea team, great detail in the book, what he dislikes to travel along the ations. so from but how it would be to travel this to quote, today, i come help. the 131271. it took markup photos 3 years to tell some of the news to try to buy nations. i buy to and do you know, 64 and 67 years old, respectively. i'm to complete the same route in just a 100 days on bicycles, on the top of my performer, such as we want to pay tribute to our fellow citizen with his journey nor following and his boot steps said when building this 12 points to paint a picture of the silk route is in the 3rd millennium of yeah, that's a fact that that some of the with just 2 bags each and the camera among to the other handlebars. the 2 friends, picking their attorney fro

describe the vast harsh deserts of central asia. most likely types of dakota comb desert, a modern day took my niece, 10 nomadic tribes facilitate to trade across this inc. hospitable regions for our bedroom, dino, navigating the region by bike, we may see a significant challenge following the ation. so quote, they arise in bukasa, one of the most well preserved be able see teasing, central asia, it's urban separate, has to remain largely intact for more than 2 se. that'd be too late. that bicycle gives you a totally different perspective. the perspective of slowness. it is a magnifying glass that makes you understand the world. yes, but i a pretty thing you have strength to yourself. even you get into the site, the panorama. that'd be great if you mean that same feeling that the polio family also felt going slowly with duncan is a little bit on food tumbling by boat, moving off the, the, the down to the sound. so we're trying to get into china and we can earlier, we talked to a place where there was only a highway and they sent us

was has changed to join the last 2 years in the house, east asia, a southeast asia, china or russia. many other changes for our external change which has been limited in our relationships is the best. yeah. only 2 countries in asia and we changing the sanctions against russia, japan and single. so the rest of the asian, kansas pointless phase. and so we'll see with us for many years, at least for the next 235 defeats. yeah, it breaks the global south. i see on the multi part the world has most certainly for disposition on the global stage will keep you posted and all these world wide developments fly from moscow. this is awesome international the, the, the, [000:00:00;00] the . c talk i you my names are brown. he was wondering about, um 26 years old. ball non plays in 2 bathrooms. i turned into a button 20 drums. and uh, usually i used to do uh, i red marks every month, lendozy miles on them. but uh i met the friend go bryan and he jordan moved to the body of the thing that's in the communist party. i guess during that or you know, usually in the late eighty's on the new 7 to the 92.

it's mostly to asia populations by monstrous creatures and full of wonders. it's an extremely concrete aisha. made up of course, valuable boats, silk, precious stones, spices, but also cities of people. for the 1st time you discover this content level that they would all of us corporate. if we're still continuing the microphone. o'shea team, great detail in the book. what he dislikes to travel along that station. so from that how it would be to travel just to quote today i can help the 13 thing, 1271. it took my compose 3 years to tell some goodness to try to venetians, i battle and d no, 64 and 67 years old respectively. and to complete the same route in just a 100 days from bicycles on the top of my performer, such as we want to pay tribute to our fellow citizen with his journey nor following in his footsteps. so gwendolen is 12 points to paint a picture of what the soup rude is and the 3rd millennium of the other. i say that meant that some of the with just 2 bags each and the camera room on to the, on the handlebars. the 2 friends picking their attorney f

it's mostly to asia populations by monstrous creatures and full of wonders. it's an extremely concrete aisha, made up of course, invaluable foods, silks, precious stones, spices, but also cities of people. for the 1st time, you are discovered this content of all that they would all pass carpet. it was still continuing the microphone ocean in great detail in the book. what he does like to travel along that station. so from but how it would be to travel this to quote today, i can help the starting thing 1271. it took a part of 3 years to tell some of the news to try to venetians. i battle and d no. 64 and 67 years old, respectively. i am to complete the same route in just a 100 days, from bicycles on the top of my performer, such as we want to pay tribute to our fellow citizen with his journey, nor following and his boot steps. so gwendolen as 12 points to paint a picture of what the soup rude is and the 3rd molest me and the other. let's say that that that somebody with just 2 bags each and the camera monkey to under handlebars. the 2 friends, picking their at

south korean stocks lead declines in asia. authorities vowed to provide unlimited liquidity to stabilize markets. the french president says his government can survive today's no-confidence vote insisting he won't resign before his term ends. tom: martial law imposed in south korea for six hours. the first time since 1987. now of course removed. the impeachment proposal is in and market reaction continues as we focus in on the kospi, which is under pressure and leading asia lower. south korean equities continue to sell off though the korean won has seen relief today, making up some but not all the losses yesterday on the back of that stock announcement. european futures currently flat. you have had four straight days of gains for european stocks despite challenges politically in france, talking of which, you have that vote of no confidence later today. ftse 100 futures pointing lower 0.3%. s&p futures looking to add to the gains of yesterday, geeking out a 55th record high for the year yesterday, currently pointing higher 0.2%.

well, i mean, obviously trying there is increasing its lives in central asia. the belly button to ship is long being a key element of that in the region, and it's not just didn't take it started across the entire safe sex relation. i mean, the new type projects and visitors basically finding ways for chinese goods to make their way to you up to the west. other countries, some of these routes by cost rusher and ends and central asia is basically the only game in town. if he wants to buy his bypass the, well, i'm in the southern route and rush driven know try to certain risk. so it is incredibly important for the chinese 2222 increases influence in that region. alex, i recall at the time of the 2023 central asian leaders summit that was held and she on and when i was there at the time, there was this ongoing discussion about whether this growing influence of china full central asia indicates some sort of decline in terms of russia's fear of influence, or whether there's some sort of differentiation between, well, a central asia can work with china on economic mat

berlin when americans are thinking about asia in? the first half of 1950, it's very much the end game with the chinese civil war. what's going to happen in taiwan and, the fact that all of a sudden north korean troops are going across this recognized border that does shock, surprise as and horror. truman, in his first press statement, says that the threat has gone from internal subversion to direct military attack. and i think that really explains the american response, which is to send ground troops within a week, which i think is an unusual response. ten years earlier, france had fallen in world war two. an american pretty much done nothing. now, exactly ten years later, north korea, south korea, according to the truman, within a week, ground troops are being sent. this is a new transformed nation and that american involvement does transform this civil conflict into something much bigger, which then subsequently gets transformed in something even bigger in sort of october, november, december, when the people's of china then also in

come to you now to discuss the extremely important and rapidly changing circumstances in southwest asiai continue to share with all of you the sense of outrage and -- because of the kidnapping of innocent american hostages and holding them by militant terrorists. we are attempting to secure the release of the americans through the international court of justice, through the united nations, and through public and private diplomatic efforts. we are determined to achieve this goal. we want to do so without bloodshed and without any further danger to the lives of our fellow americans. in these efforts, we continue to have the strong support of the world community. the unity and common sense of the american people under such trying circumstances are essential to the success of our efforts. recently, there has been another very serious development which threatens the maintenance of the peace in southwest asia. massive soviet military forces have invaded the small sovereign nation of afghanistan, which had hitherto not been and occupied a satellite of the soviet union. 50,000 heavily armed sov

and so the fins get cut off and shipped to asia. and especially when they're used for shocks and soup high fish flossing, super as it's a traditional dish and that comes with a lot of promises about long life and not getting sick. s. goals, the 1st place you must do wrong along the beach kind of dust mondays make congress yet but not mine is of these days. so now lose talk shows up a lot in animal. see to this, i'm fine, seemingly against mixed into approaching off to best on there are a lot of companies in vigo that sell shark meat and fins we called and rode to several traders to ask for an interview. my name is ken ega. i am a journalist from germany, but nobody was available at short notice. in an online video, the company bank in march shows how things are frozen and exported to asia by the sackful. the video shows how employees process the product in accordance with requirements, meticulously documenting each step. the reason opens on this as most read here in europe, should see it as a good thing that all the people working i

in the wholesale and exports to asia are already around $500.00 to $700.00 euros of kilo. then by the time the product reaches consumers in asia, the price is between $1.00 and $1.00 and a half 1000. a small boat, 100 grams of sharks, and my cost $150.00 euros on best. that's a profit margin that's almost comparable to the drug trade. it's important. 100 plus foot. likewise, imports and exports account for 22 percent of the global shark. me trade the world's largest ex border is spain which supplies countries including portugal, brazil, italy, and germany, where the smoked meat of this spiny dogfish species is a delicacy. shark fins are mostly exported to asia, especially to china. other big players include japan, britain, and panama. in total, the global trade in neat and fins is worth around $500000000.00 euros per year. we show sort of like a claim of old hawk our footage from the go. several years ago, she also conducted an undercover investigation at the fish market. the has called the thoughts about 5 o'clock in the morning since would 5 it's unbelievable. none of th

in an online video, the company being camera shows how things are frozen and exported to asia by the cell phone. the video shows how employees process the product in accordance with requirements, meticulously documenting each step. the reason opens on this, as most we here in europe should see it as a good thing that all the people working in the supply chain, their funding seem to be complying with the laws. based on what we've seen from the facilities was that's a, that's a really positive and that's, this was, it shows that these women and men who are working to feed their families aren't doing anything illegal. you know, from your internet and is getting us cuz that's but the real conversation we need to have is about whether the laws are adequate. because that's the div um or the concert. one person who doesn't think the law goes far enough is neil's q guy. he's an h r manager and passionate driver, who has lobby to get the issue onto the european commissions agenda. he 1st started looking into the european chart trade several years ago and was concerned by what he found the mos

asia has been a little bit different.n this decoupling of the global supply chain away from china. and the move from just in time to just in case strategies and that has been the case in many countries in asia. that will continue to be the case, i would expect a lot of asian countries to benefit from that and so that might still be a theme that people will play out here. are you pro—china? do you encourage people you invest for to put money in china or not? china has both structural and cyclical issues right now in the economy. there is a really bad wealth trap right now for consumers. they can't pick up the slack. headwinds are coming, we know, from the trade side. we haven't seen a credible response yet from the authority. we have seen borrow more money which has lifted the deficit limits and swapping old debt for new debt but that is not reform. we need economic reform, fiscal reforms and none of this has been talked about. i think china is probably in the third year of its last decade. how can one invest given the geo

not anymore was has changed during the last 2 years and house east asia, southeast asia, china offered russia. many opportunities for our external change which has been limited in our relationships is the best. yeah. only to confidence in asia and we changing the sanctions against russia. japan and singapore. so the rest of the asian kansas, mrs. until see with us for many years, at least for the next 235, the dates to stop next enjoy. and i've sitting with time this young guy on the ground and will be back. i left some of the out the the i'm action or can see and welcome back to going underground, broadcasting all around the world from the u. a. on the very day, the 1948 genocide convention was adopted by the united nations tomorrow is rarely criminal. netanyahu is scheduled to defend himself in a jewish court against charges of corruption, not genocide. this is native nations with these relative kind to try to continue their extermination of arabs in syria or at least rusher on today's heroes of the fatherland. they will be seeking to wipe out m, i 6 c i a most i backed out guide. bu

our asia business report in a 0ur asia business report in a singapore newsroom.e to china and more data that has just been released shows that stimulus measures we saw in september are slowly trickling through to the wider economy. it comes after government data released over the weekend showed factory activities expanding for a second straight month in november. a slightly rosier outlook for now but will the tariff proposals threaten that? economist gave his reaction on how the chinese economy is doing. the manufacturing - economy is doing. the manufacturing data i economy is doing. the manufacturing data as| economy is doing. tue manufacturing data as you economy is doing. tte manufacturing data as you say, a bit better than expected, showing expansion for two consecutive months. context is important here. that comes after a very weak stretch of data before that. there is potentially some signs that some of those stimulus measures over the last couple of weeks and months are starting to have and months are starting to have a bit of an effect, at least on the pe

representing two continents, asia and oceania. the _ continents, asia and oceania.st— continents, asia and oceania. the first with 32 teams and teams _ the first with 32 teams and teams from all confederations won at— teams from all confederations won at least one game and the teams — won at least one game and the teams from five configurations qualified — teams from five configurations qualified for the knockout stage _ qualified for the knockout stage. so we have seen it increasing, bringing football to more _ increasing, bringing football to more countries, increasing the number of participants and teams — the number of participants and teams did not dilute the quality. it actually enhance the opportunity, and may for the opportunity, and may for the future we are thinking if you want— the future we are thinking if you want to increase further women's _ you want to increase further women's world cup participation, but this is of course _ participation, but this is of course another discussion. now looking — course another discussion. now looking ahead we look at

from 2013 to 2021, she was senior fellow for india, pakistan and south asia where she remains a senior fellow. from 2010-2016 she served as deputy assistant secretary of state, work focuses on us relations with south asia. from harvard college and from the university of chicago. is a member of the council on foreign relations to national security forum's agenda group, served on the board of directors and woman's foreign policy group. in 2021-22, the washington opinion, one of the most influential people shaping policy. and introduce tonight's speaker. and i want to apologize it is really hot in the room. really apologize for that. >> thank you, i want to echo our apology and explanation, the university has switched over from ac to heat mode. it happened over the weekend and here we aren't it is kind of warm and cozy. let me just echo, welcome to the elliott school and gw, my pleasure to welcome all of you tonight. we have a great honor this evening of hosting ambassador richard verma for our fall lecture this evening, he served as deputy secretary of state for management and resources.

and the association of realtors, the general cut it off, resonates in asia. that's where he highlighted the presence of us bio labs and indonesia, which would then shut down budget comfortable. or after the kurtz, you're going to get you of statements. they investigate that. whether there was or they could of in any possible american biological research activity. especially with the enrollment of the us military on the indonesian soil, which is my cell one of the land folding, crossing from city and to 11 and thousands of fleeting the country since a hold of the government, driven from that homes by the terrace. malicious. i'm not running this country. thousands of civilians flee from bolts on syria off at the master schools of correspondent comes to the board of crossing at 11 on to see the 1st time the effects bundle of the boy talking just also for you. i'm here and most go with the a ton of developments to your top stories with a correspondence standing by this is on the international. so wow, the key does face, i split the i made, it's a conflict. and wi

optimism surrounding china stimulus is keeping markets in asia mostly positive today. tom: avril hong in singapore. let's stay on the china story. china's stocks gaining today after beijing's top leaders signaled bolder economic support next year ahead of donald trump's return to the white house read was bring in james mayger who was on the ground for us in beijing. i certainly don't remember hearing or seeing language like this from senior leadership in china for years. this seems to be a significant pivot. what is your take in terms of what appears to be a marked tone shift from the politburo? >> this is not like the previous two years where you have seen stimulus but it has not happen until the fourth quarter. or it has been announced at the end of september and finally october, november they start to dribble out extra bond sales and spending. this is setting up for the economy next year, we will have the central conference possibly tomorrow. that will set up targets and goals for spending plans for 2025. the significant thing is yes there has been a massive tone sh

rich, you were a deputy assistant secretary for east asia in the same year. did you meet at that time? talk a little about your relationship at that time, how you began to work together, and what the major issues of the day were beyond what we have talked about here. amb. armitage: the major issue in 1981 was strength. there was still a hangover in the united states from the late 1980's and the days of fear of japan inc. i remember a particular personal anecdote with ambassador kato. one day he came into my office. i greeted him and offered him coffee and we sat down. he said, rich, pound the table. i said ryozo, you are my friend, i can't pound the table. no, why? please. so i hit the table a couple times. he said great. then we had our discussion. the discussion was about sfx, that japan was going to produce using u.s. technology. many of us u.s. side being accused of giving away the keys to the kingdom to japan. i said we are still fighting against that. ryozo i found out later wanted me to pound on the table because he could write a cable about the discus