i mean they don't asia and even in the us. and that drives i think, and the underlying level of the growth then you'd have in other places, whether that sustainable, whether it will have to change is the question. of course it's supposed to be mens political tension within countries. so i think it's likely to continue on that pause. i think your opinions of broadly comfortable with the way of life i've chosen. and as a biggest share of the european economy services, which count randy being speeded up by a i like cat, like, hospitality, like leisure. um we move from, well, the manufacturing essentially to mass sizes, meals and medical care. when you have very low. ringback probability of a i being the drive of very much more rapid, was it cut side? some integration within your is absolutely the key of the capital market integration, the sorts of things that mario drug is recommended, unnecessary. and we are seeing that worked out, but i know and think that you will have a manufacturing revival of a major sorts or a revival in i

deborah, how, how does asia view europe's sluggishness? right, right now, what's the, what's the view from the, i think one of the challenges that we have overall. and one of the reasons why i think donald trump's entry back into power in january is so dangerous is that we have a global system that is really not in great shape. either. we have very few political leaders in asia or in europe, or anywhere frankly, with the stature to push through potentially challenging domestic level reforms, let alone coordinate some kind of international consistent response, or at least even within a smaller group of countries. i think it's very hard to see who is going to be able to push for some kind of stabilizing measure, some kind of coordinated response. and i think that is a huge challenge. and it's not just about what europe does or doesn't do. it's not just about what different asian markets do or don't do. it's really sort of global phenomenon. and that's what makes, i think this period we're entering. so problem attic. this is the one final. wh

anthonyl are held across asia. company that makes digital smart blocks of home so people don't need to use keys. it is headquartered in singapore and has factories across asia. including china. with a pandemic and supply chain shocks, igloo company opened up factories in south korea, vietnam and malaysia, but most of their production still comes from china. would you move any of your manufacturing to the us? we have manufacturing to the us? - have thought about mexico before but tariffs are probably only going to rise in mexico as well and i'm looking at a couple of manufacturing partners in the region. in the us specifically. are partners in the region. in the us specifically.— us specifically. are you nervous _ us specifically. are you nervous about - us specifically. are you nervous about this? - us specifically. are you | nervous about this? for us specifically. are you - nervous about this? for us, it is or is important _ nervous about this? for us, it is or is important to _ nervous about this? for us, it is

we can check on asia markets as well. it has been a dismal start to the year in asia. historically bad start for china . now trading in a tight range on the csi 300, down 0.7%, the yen steady at 157 per dollar. let's get back to those attacks in the u.s. investigators have found no evidence linking the two attacks in new orleans and las vegas. the fbi continuing to examine the two incidents that rattled americans as they rang in the new year. >> there is also an fbi investigation in las vegas. we are following up all potential leads and not ruling anything out, however, at this point, there is no definitive link between the attack here in new orleans and the one in las vegas. lizzy: let's get more with bloomberg's derek wallbank. america on tenterhooks for more details but what have we actually learned the last 24 hours since the attacks? >> that really is the case. there has been a lot of unease, uncertainty and disquiet about the fact that these two events could have happened. they did happen in close proximity time-wise over each other. one in the heart of new orlea

the repercussions are feld across asia. runs a company that makes digital smart blocks of home so people don't need to use keys. it's headquartered in singapore and has offices in the us factories across asia, including china. with a pandemic and supply chain shocks, igloo company opened up factories in south korea, vietnam and malaysia, but most of their production still comes from china. would you move any of your manufacturing to the us? we have thought about mexico before but tariffs is probably only going to rise in mexico as well and i'm looking at a couple of manufacturing partners in the region, in the us specifically. are you nervous about this? for us, it is always important to plan for the future, plant of the worst, hope for the best. we are not the only company that is facing this challenge. every other manufacturing company around the world are all thinking about this and we are not alone. anthony says that chinese suppliers themselves are trying to diversify manufacturing outside of china. all scrambling to u

i am rush doshi, fellow for asia studies here at the council. we are excited to welcome you for what i think will be a fantastic symposium on the china-russia relationship. i want to start that by saying today's part is the inaugural event of the china 360 program, one of the four programs under the china strategy initiative we launched last year. the guiden questions are what is china doing around the world and how are countries responding to china's growing global profile? one of the most important questions when you think about china's global ambitions, its behavior is its relationship with russia, which is why that will be our critical focus today. we have convened to discuss an important report by ambassador bob blackwell and richard fontaine. blackwell, after a distinguished career across four administrations, and as ambassador to india. richard fontaine is a c.e.o., long-time policy advisor to john mccain and worked on the senate foreign relations committee. after having published their co-authored book last year, these two strategists de

but of course, we have signed a number of treaty agreements in the last ten years focusing on asia sohere is cptpp, the comprehensive and progressive of trans—pacific partnership agreement which allows us to do trade with ten other economies in asia, there is also a trade agreement with indonesia, negotiating one in as the answer in general, there has been a focus on rules on diversifying the trading relationships but of course, the us still remains our dominant trading partner. you mentioned about canada's efforts onjustin trudeau to justify the trade partners, was the outlook for asia given the turmoil thatjustin trudeau has put canada into? i think there will be focused from canadian businesses and provinces to continue to engage with our asian partner so we do quite a bit of trade with china, there are some economic securities concerns with respect to the relationship but a lot of enthusiasm and excitement for deepening trade with as yarn, deepening trade with indonesia as well as south korea and japan so it will continue to be essential to our economic engagement with the indo—pa

what is your outlook for asia? a nuanced approach. i would say perhaps you have to look at...e are neutral on china because there is outside and downside risk but i think in india and the asean region, the outlook is bright because india is easily going to grow by 6.5 or even higher in terms of growth, so a very strong middle class domestic consumption. exports, particularly digital, are quite resilient and insulated from the whole headwinds associated with trade. turning to india and the ongoing debate on hib visas — a programme that allows us businesses to tap on global talent. with donald trump set to take over as president, india has been anxiously monitoring us policy on immigration. the bbc�*s arunoday mukharji is live in delhi with more. india has a lot riding on hib visas, put this in perspective for us, why is this important for indian companies? it is critical because a lot of from donald trump that is very much making... us exceptionalism continue on, tax cuts, fiscal spending or deregulation so i think the outlook is likely to be quite robust in 2025. what is your

there's been a challenge session in asia as well. ftse 100 futures pointing lower, s&p futures around the selloff friday currently pointing lower by .4%. nasdaq 100 futures looking to lose 125 points. the treasuries we focused on are not trading today because japan at least for the moment is closed for a holiday. treasuries will open for trading later in the day. focusing on euro-dollar and the pound. that surround further pound weakness are being made. further weakness from sterling as we await the speech from the chancellor, under pressure given the market rout in u.k. assets last week. euro-dollar getting closer to that parity level helped by higher yields. brent is also a key story. the oil markets rallying on additional sanctions on russia. $81 a barrel on brent and gold trading at 2688. cpi and inflation data could be the next thing that moves these markets i mentioned it's been a challenge session in asia. avril hong standing by in singapore. >> absolutely painful if you look at the picture on asia equities the benchmark at th

. >> i may move you to asia now. great indo asia pacific. yes, we've seen what the chinese have been doing to bolster their military. we've seen the south china sea and some of the activities there. we've seen the tension around taiwan that continues. what makes you nervous or what has your eye in the indo asia pacific right now? >> well, look, we're, we're in a uh geopolitical competition struggle uh with china. uh it's going to be multigenerational. this isn't near term like tomorrow, next day it's going to be over. um and there is the possibility, not the probability but the possibility of armed conflict between two great powers. united states and china. uh china has the natural resource, the people, the population, and most importantly, the money to challenge the united states on a global scale. if you look back when i was, i was commissioned in 1980 i did 44 years of service. during that 44 years, the russian military or the chinese military transitioned from a foot infantry, peasant based foot infantry army with no satellites, no navy,

the - replications are felt across asia.ks for homes so people do not need to use keys. it is headquartered in singapore that has an office in the united states and factories across asia including in china. with the pandemic and supply chain shocks they opened up companies that make factories in malaysia vietnam and south korea but most production still comes from china. would you move any manufacturing to the united states? ~ , ., ., states? we saw before about mexico but — states? we saw before about mexico but the _ states? we saw before about mexico but the tariffs - states? we saw before about mexico but the tariffs will. mexico but the tariffs will probably rise in mexico as well so we're at a couple of manufacturing partners in the region. are you nervous about this? for us it is always important to plan for the future, plan for the western hope for the best. we are not the only company facing this challenge. every other manufacturing company around the world is thinking about this and... ._ the world is thinking abou

let's cross over to asia. >> we are seeing asia stocks on the backfoot. reversing gains from a day ago which were fueled by the chipmakers. today though thanks to the poor wall street handover. those steep declines on nvidia. this is the picture you are seeing but losses were accelerated following a joint briefing from chinese authorities. they unveiled a boost to consumer subsidies but it was not enough in the way of a big bazooka-like stimulus impact. we actually solve the stoxx sink deeper into negative territory. a fair bit of recovery bouncing off session lows now. really interesting to see. the focus today is squarely on the chipmakers. and tsmc is the big drag on the benchmark. trucking nvidia's losses. the gainer, and the big boost to the region's stock benchmark is samsung electronics, despite a profit miss. things are looking on the upside for men the south korean chipmaker thanks to jensen huang, that vote of confidence as you say, expressing confidence that he samsung company might be able to iron out its technical kinks as far as its high end

erin: what we know is that these scams are coming primarily from southeast asia.eing run by primarily chinese organized crime, although the yakuza has now gotten involved in korean organized crime after seeing how lucrative this is. they've built compounds that are akin to small cities built for the express purpose of fleecing the rest of the world of their money. it's massive and growing. ali: the target also isn't always the only victim here. the people who are on the other end of the phone or the computer uh -- computer are also, in many cases, victims of human trafficking themselves. how does that play into all of this? erin: we have literally never seen a world crisis like this. we've got americans and people all over the world, who've lost all their money. and then on the other side, we have human trafficking victims that are forced to do this dirty work. in order to fill these compounds where the dirty work is done, the organized criminals needed to bring in a workforce and to do that, they constructed websites that look very authentic and they offer up job

the restaurant will seat 350 people and offer dishes from east asia, southeast asia and other regionswell. they're also working on an opening in asia. live location in the louvre museum in paris. wow. la la. >> yes. all right. we still have much more news ahead. >> we do? let's go to abc seven news anchor karina nova for a look at what's coming up at 530. karina. all right. thanks, deanna. >> tomorrow is inauguration day for daniel lurie as he takes on the role of san francisco mayor. reporter monica madden joins us with what we can expect during the big event and his top priorities as he starts his term in office. and if you're frustrated with egg prices and lack of supply in stores, you're not alone. we're going to talk to a petaluma egg farmer about the bird flu situation and the impact on farmers, stores and consumers. join us for those stories and more. at 5.30 on abc seven bay area streaming tv. dan. >> all right. karina. thank you. >> and you can download the abc seven app or head to abc7 news.com and join karina in two minutes. >> and if you're watching us here on tv. world ne

it is a huge opportunity for south america because right now all the materials that you export to asiaco and then you cross the pacific ocean. but despite the promises of growth, some in the local community feel left behind. the fully automated port has so far offered fewjobs. the nearly $1.5 billion port majority owned by china's cosco shipping, is china's latest belt and road project. china has overtaken the us as peru's main trading partner, a trend that could widen across latin american countries, as donald trump threatens tariffs under his america first policy. critics warn of overreliance on china and jeopardising the existing relationship with the us with some of trump's aids pushing huge tariffs on old merchandise coming through the port. but for peru's minister for foreign trade, ursula leon, it is not a cause for concern. translation: our agreements with china enhance our- competitiveness without compromising other markets. peru must navigate a delicate balancing act. for now, the port stands at both the beacon of opportunity and a source of uncertainty in a world bracing for

i am rush doshi, fellow for asia studies here at the council. we are excited to welcome you for what i think will be a fantastic symposium on the china-russia relationship. i want to start that by saying today's part is the inaugural event of the china 360 program, one of the four programs under the china strategy initiative we launched last year. the guiden questions are what is china doing around the world and how are countries responding to china's growing global profile? one of the most important questions when you think about china's global ambitions, its behavior is its relationship with russia, which is why that will be our critical focus today. we have convened to discuss an important report by ambassador bob blackwell and richard fontaine. blackwell, after a distinguished career across four administrations, and as ambassador to india. richard fontaine is a c.e.o., long-time policy advisor to john mccain and worked on the senate foreign relations committee. after having published their co-authored book last year, these two strategists de

what is your outlook for asia? a nuanced approach. i would say perhaps you have to look at...utral because there is outside and downside risk but i think in india and the aussie and region, the outlook is bright because the us is easily going to grow by 6.5 or even higher in terms of growth, so a very strong middle class domestic consumption. —— asean. exports, particularly digital, are quite resilient and insulated from the whole headwinds associated with trade. ., ., ., trade. you said neutral on china. trade. you said neutral on china- can _ trade. you said neutral on china. can you _ trade. you said neutral on china. can you help - trade. you said neutral on china. can you help us- china. can you help us understand the situation it finds itself in going into 2025? ., ., , , , 2025? for china the issue is about disinflation, - 2025? for china the issue is about disinflation, the - about disinflation, the property market, so fairly weak and if you add the risk of tariffs that could provide additional headwinds. a lot depends on what policymakers do. they are easing policy an

peter: i will move you to asia now. asia pacific, we have seen with the chinese have been doing to bolster their military. we have seen the south china sea and some of the activities there. we have seen the tension around taiwan that continues. what makes you nervous or what has your eye in the indo pacific right now? gen. milley: we are in a geopolitical competition, struggle with china. it's going to be multigenerational. this is not near-term, like tomorrow or the next day it's going to be over. and there is the possibility, not the probability, but the possibility of armed conflict between two great powers, the united states and china. china has the natural resources, the people, the population and the money to challenge the united states on the political scale. i was commissioned in 1980, 44 years of service. during those years, the russian military -- the chinese military transitioned from a foot in victory -- foot infantry army with no satellites, no navy, nosing to begin air force. in 1979, they reformed their e

the biggest port in europe and the biggest port outside asia is a port of halter down in the netherlands because of its size. it's also the port that emits the most c o 2 in the u block, according to research agency transport and environment. but here on this 40 kilometers long straight, you'll see more away. several green initiatives are underway, the industrial area. these types, for example, will bring carbon emissions captured from the port into a storage area, complete a gas field under the north sea. through this carbon capture system, the port defaulted um says it will be able to store 37000000 tons of c o 2 that would have otherwise been released into the atmosphere. we think that there's only one way to develop and that's, that's sustainable, nico venture, and then from the port of water down. because that's also the, the only way to get to an economic, sustainable future as an environmental sustainable future culture times position as europe's main hub puts in a position to influence how other e u countries operate of one sort of whole energy that is used in germany. bosses gre

lipping over to asia markets, we have chinese stocks on track for the worst start of the year. 300 down 3% earlier that paring must is now. msci index down .6 of 1%, and the yen hovering shy of 1.57 per dollar. the fbi says that investigating a possible terrorist attack after a truck was deliberately driven into the crowd in to killing at least 15 people. president biden says authorities are looking into any possible link between that attack and an incident in las vegas which involved at tesla cyber truck explosion outside of donald trump's hotel. we will get more from bill faries. good morning to you. we had the louisiana governors saying the new orleans attack was a terrorist attack. what do we know. >> we are still in the early hours of this investigation in both new orleans and las vegas. federal officials and local police are saying the expected driver of this truck was killed at the scene, that he had inside his vehicle a couple of additional explosive devices as well as a explosive devices as well as a flag that showed support for the islamic state terrorist group. they

it is a huge opportunity for south america because right now all the materials that you export to asiaexico for then you cross the pacific ocean. but despite the pacific ocean. but despite the promises _ the pacific ocean. but despite the promises of _ the pacific ocean. but despite the promises of growth, i the pacific ocean. but despite| the promises of growth, some the pacific ocean. but despite i the promises of growth, some in the promises of growth, some in the local community feel left behind for the fully automated port so far offered few jobs. the nearly $1.5 billion port majority owned by china's costco shipping, is china latest belt and road project. trial has overtaken the us as group's name trading partner, a trend that could widen across latin american countries, as donald trump threatens tariffs under his america first policy. critics mourn an overreliance on china and jeopardising the existing relationship with the us would some of trump apartment aids pushing huge tariffs on old merchandise coming through the port. but for peru's ministerfor coming through the port. bu

we'll get to a bit later. costco shipping is also part owner in numerous terminals across europe, asia, the middle east and the america costco says it intends for chunk high to be a major transport time that will connect to china to peru and the rest of latin america. costco says that a direct route from trendkite to shanghai significantly reduced and shipping time. nearly 2 kilometer long tunnel connects the ports, the pan american highway. goods from china can arrive and be distributed more quickly. it has the potential to dramatically change, peruse economic reality, but not everyone is happy about it. it's good for you to bump it up and then you'll get more if you go to the state usa. so nobody, no boss data is to what is the now police department associated lucky you pick it on a piece of met alejandro tv. nose leaves environmental non profit cool off of that . see on always with your, let me see, i'm going to find them ready to come up with the side of infrastructure projects towards have the biggest impact risk to it, surrounding environment, more than roads, oil refineries, air

the population trends in asia suggests the young growing ending increasingly wealthy middle class. and it wants to see the world. it promises to be a gigantic growth market for the entire aviation industry. cars, cars, a global phenomenon with millions of unique stories. that could be in a german coffin. we need you guys wherever you are. however, up here flickering. passion is our module and your stories. our currency, somebody, a refund comes from gemini and the craziest place all across to your stories you ideas come with the question is now flash next, right to wherever your sentence your stories and your crazy car into the let's catch up soon on ref. the just the 35 percent of the world's population drives in the left side of the road like i did for most of my life in india. of course this, the people are driving on the right hand side is wrong. why is this on which side of the road has people historically driven? how did the legs of napoleon and hitler play a part in getting people to switch sites with campbells that really prevent focused on from making the change? and which

the resilience of them a late people put an end to the history of british colonialism in south east asia. the . the hello and welcome across the top were all things are considered and peter lavelle, it would be nice to see in the new year with some optimism. unfortunately, this is not the case. the accumulation and deepening of many problems from last year are still very much with us. so fucking love brace for impact, the cross fucking 2025 on joined by my guess george. send me while we and booty fast. he's a pod counselor at the guy go, which be found on youtube and locals, and here in moscow we crossed to marks or boulder. he's an international relations and security analyst, right, building cross lock roles and effect. that means you can jump anytime you want. and i always appreciate it, mark, i'm going to go to you 1st and i'm going to kind of give you a to vent a little bit here during 2020 for a lot of people we know in the pod cast world in the alternative media world in the world we're really kind of obsessed with predictions. and well, there's a lot of a gotten a lot of faces th

our south asia correspondent samira hussain has more. singing.r is crisp. their faith keeping them warm. vinud singh and his wife sushila walking to the river bank of the ganges. the stars have finally aligned. twelve years of waiting for this sacred dip. translation: we come here because it gives us a sense i of peace and prosperity. the holy water of the ganges has the power to heal any kind of illness. this is where the ganges meets the yamuna and the mythical river saraswati, mentioned in religious texts. an auspicious time for hindus, who believe bathing in these waters now will wash away their sins. it is just the first day, in fact, the first few hours, and take a look at how many thousands of people have come to bathe. look, this isn'tjust about religion, it's about community too. people will come here and they'll stay for days, or even weeks, at a time. makeshift tents dot the expanse of fairgrounds. more than 15 square miles. that's about 4,000 football pitches. as ever in india, politics makes an appearance. so do worshippers, dressed

and then on to the east asia, which is the traditional bit, it's got a form of a high high mileage. you processed for venue way. so uh, a rush to will benefit from uh, increasing general uh, items to the market. so for increasing in the, in the process for energy of, for gas. and um, but yeah, i mean it's, it's the gas pipeline is a, is a such a thing that, you know, it takes us to build. and the real into an interest rate is just china and china's bang battery. horrible that you'll be able to send up all of the balls to be, to me, china now is actually of to you, great installed. is it possible but then goes to the bottom, then you're right, the 1st time ever as well. so alex, we all running out of time and i wanna, i wanna bring your point. so the other guess is, well ben, what are the words that we've heard here is winning. we were, you know, europe is trying to win afresh. and guess when we've heard that from the americans, as we are trying to wean off the middle eastern oil, but they never really worked. is there a case to be said the in a few years time, maybe even shorter tha

uh, it's se, asia, as indonesia, as a major member, but it has no, no opposition. the brakes and a close relationship to try and even, you know, one of the objectives and research to indeed all right, as well as fast. and so let's see countries of the association association and then moving towards using racing in the, in the transaction between the. ready underneath sheer 6 phase with briggs deal as well. and just on that point on a possible ad brooks currency, there has been an some stagnation in terms of not because certain members wanted certain members don't want that going forward in 2025. how do you see the prospect's of a possible bricks currency? i don't think it's something that we've been reached and a short run during the visit. impress. guess what reason is that the that the topic is complex. okay. what did you believe we got thinking about resisting? take some steps in line with what the russian presidency did last year. actually, the russian presidency made some considerable progress last year, so it has to be maintained continued. i would say that w

let me start with the performance over in asia. and indeed, very interesting how you were highlighting there, the pressure that we saw on u.s. stocks yesterday. that translated also into some of the moves over in asia. we had the nikkei down a quarter of a percent. if i show europe, the market narrative is different. investors in europe basically putting aside those concerns that we witnessed state side in terms of perhaps seeing higher inflation going forward, perhaps not seeing the fed, cutting twice this year. over here in europe, we are tracking higher. we have the main market in germany up almost, well, about .3. the italian market up .6. so, yo u can clearly see, frank, that actually here thus far, the movement, the mood is positive. let's see how european stocks will continue to move throughout the rest of the day, but this far, it is a positive session overall. >> silvia, thank you very much. live in our london newsroom. >>> we'll bring in greg, founder and managing director. an investment consulting firm. greg, good mornin

it has kind of beauty facility just to ship more, to add to asia, particularly building out its exit from a buy another tech from him albany. and so uh, the moment its all our facing west spots, my moving months come to you or you were. i think the thing i'm thinking over imposing sanctions of transport from transits um ebony transitional by repeated thoughts to sort of feel that i felt a rush has been developing. it's trained to reform email via come child because of the beauty facility is there. and then on to the east asia, which is the traditional getting kind of more of a high high mileage you processed for venue way. so uh, a rush to will benefit from uh, increasing general uh items to the market. so for increasing in the, um and the price is for the g of for gas. and um, but yeah, i mean it's, it's the gas pipeline is a, is a such a thing that, you know, it takes us to build. and the real into an interest rate is just china and china's bang battery. horrible that you'll be able to send up a whole lot of balls to be to me, china now is actually after you create installed, is it

there is a pretty quiet story when it comes to the weather across a south asia. we have some west of weather moving its way across the north of india, but it has pulled out for the east across the pool and further afield pretty quickly, meaning that the fall, warnings have come back. those amber loves full. the north west of india will see those for the conditions to assist across the nose. and that's going to keep the quality unhealthy in cities like in new delhi for the solve this lots of sunshine across the west coast of india. just a few showers coming into the very south for the likes of carroll. and tom will not do it. and some big bus of rain still affecting shoreline, cuz the, with sundry down pause in colombo on choose day. now is looking at pretty quiet as well across much of east asia with temperatures. they've been above the average for much of china that they will be coming down. that's the trend. this week it will be coming down across the korean peninsula. it is looking a little bit quiet, so for japan, but we will see some snow touching back into

which of course now has the most significant nation in south east asia. as a full member. and of course, tyler in participating as a partner state, i think the most significant aspect, the in the easier i can bring to the table in the breaks block can be its ties of course, to be positive on the block. and if it could perhaps serve as a bridge between brakes, which is not exactly that doesn't serve exactly the same purpose as icy on. but if you could serve as a bridge between the member can fees of the brakes and this trading block, it could be of a huge importance. and if we're just looking at how representative the effect the engine easier just drawing the block is we can really attach much value to this. it is of course, a highly diverse nation. it is a nation that has committed itself as the brazilian government has just expressed in the official communicate that was just release the is committed to the reform of global institutions, which is the focus of this brazilian, the presidency, which has just started. so i think uh we kick off this brazilian presidency of the

let's get more on this now from our asia business hub and our reporter suranjana tewari.from tense and not long 1534 00:1