so what's good news for exports from china is also positive for other countries in asia pacific. all right. raja is was with s and p global market intelligence. thank you very much. thank you. rising prices are cutting into worker paychecks. it's not a surprise then that labor unions want to account for inflation in new contract negotiations. leaders in germany would like to avoid a wave of such wage hikes. that's why they met with union and industry leaders on monday. it's the perfect economic storm vegetables and grains a 10 percent more expensive. the price of petrol at the pump is up 50 percent. the cost of gas and electricity is more than tripled within a year. the average german consumer is feeling the pinch with many having to cut costs the look on the sun. i'm already aware of that because i'm on maternity leave right now and on a limited budget, we need to cut back more and spend more carefully without leaving the light, we'll get through it somehow. people have survived inflation before it will all work out. the helpers of this will, i hope that it'll come back down on

so that signalling and asia pacific momentum is still quite positive on that topic. today, markets in asia, up on this, the increase possibility that you as president biden may set aside some chinese tariffs to lower the prices of certain u. s. consumer goods. how important would that be for both markets and of course, for the businesses in that region. i think of when we look at from the u. s. point of view, of course, they're confronted with very high inflation, the highest and many decades. so i think the biden administration is considering rolling back some of the trump ero tariffs and letting them expire. i'm quite a number of these terrorists are due to expire, either this month or in the next couple of months. so that would be an opportunity to reduce tariffs on chinese consumer goods. iowa. i have 2 areas and that would help to reduce or at least marginally inflationary pressures in the u. ross. and of course for china that would be good news in terms of boosting their exports as well. and it does have positive implications for other countries in asia, becaus

that will be spread all across asia-pacific.etnam, australia, new zealand, indonesia to name a few countries. yvonne: i know as the apac president, you are looking where the chinese traveler will go. what does outbound travel for china look like to you once the mainland does look out -- open up? >> i think it is an undeniable fact that the absence of china outbound travel has had an impact, not just on asia-pacific, but also all over the world. from my humble perspective, the question is not if, but when -- when china outbound travel resumes -- and we know they will all come back. when they're dusting off their passports sooner rather than later, i have encouraged my industry peers to be reminded of the key role that we play. it is imperative that the first batch of outbound travelers have a positive experience, so much so that when they travel and post their positive experience on their social media and whatnot, those postings will inspire and encourage and motivate others to start traveling again. on the flipside, if someone h

we will get an earnings preview coming up for the asia-pacific.sion, best is for australia but that has started to roll over. yvonne: commodity is rolling over as well. we will discuss the implications, next, this is bloomberg. ♪ ♪ yvonne: take a live look in tokyo. we are naked -- we're seeing the a-shares off .5% -- we are seeing nikkei shares off .5%. does not look we -- does not look like we will be doing anything like tightening up restrictions. we are watching markets state pretty slow going, but it is a happy friday overall. david: let's have a look at property here in hong kong. our analysts at bloomberg intelligence talked about this thing that is really worrying for people who have mortgages not hong kong. the prime rate is rising and the estimate is for that to go to seven at least for even eight, and it takes you back to 2006 levels. the last time we saw the prime rate move up was in 2018, but in terms of affordability, patrick wong writing this one, the drop will not be enough to make things -- he says it will make things slightly mor

we need to defend our treaty allies all across the asia-pacific.e answer that moment with china, continuing tariffs that we placed on china to hold them accountable for their trade abuses. we call them out on the espionage and intellectual property theft we see them engaged in in extraordinary numbers in recent years. more than anything else, the way we can look after our friends and allies in taiwan, the way we can look after all of the freedom loving nations in the asia-pacific is renew our commitment to having strongest military in the world and to preserve a free and open in the pacific american strength -- indo-pacific with american strength. [applause] we all have a great day ahead of you with betsy devos and ben carson, but thank you again. on behalf of my wife and everyone in this movement, thank you for stepping forward to lead. i am looking at a generation that will lead this country, the generation that will turn this country around. just do everything in your heart of hearts to be the freedom generation because the best is yet to come.

she is the asia-pacific cio at deutsche bank. she joins us out of singapore this morning.hank you for coming on the show. i guess assumption on where the u.s. economy goes will tell you generally what asset allocation you should enjoy -- employed this point. what is your assessment of the u.s. economy of the next six months? >> our function is we will have a lot of volatility going on. there's so many moving parts, we're just getting informed from the earnings season to help companies are getting out. we have acknowledged this risk of recession has gone up quite a lot. we are now forecasting a mild recession in the first quarter of next year. yvonne: do you think in terms of what markets are positioning around, is that recession trade, is a fully priced in? you think stocks can continue to fall even if we don't see recession across developed market? >> yes, i think of the one hand, we've come a long way to have growth risk, inflation risk, stagflation risk, and then pricing for recession risk. i'm still concerned as to whether the analyst estimates for this earnings season

so are they had a relatively strong and clear vision for japan and its place in the asia pacific. he was hugely influential where we see continued regional leadership from japan and what is japan's thinking and strategy in the asia pacific? so since i have a very strategic logic about how to defend japan, and he understood japan's worst nightmare would to be have 3 front problems, the threat of china, the threat of north korea and the threat of russia. so he very strategic the attempted diplomacy with russia and reached out to vladimir putin met him over 20 times. and by doing that, he basically eliminated the threat that russia wouldn't be japan. so he could focus on north korea and china and during the trump years, because trump was engaged in north korea, there was a little threat that north korea would attack japan. so basically, i could focus solely on china. the issue now is that because i didn't, administration is basically ignoring those clear threat has emerged again and because of ukraine, the russia threat has emerged again to japan for the 1st time in many decades has

uh, it is here in the asia-pacific, uh in the asian and khan regions and on the texas coast that causes, nato's encroachment to go beyond the geographical limits declared during the creation of this bloc, namely beyond europe to western europe and to spread their tentacles, as they say in china, to the asia-pacific region, therefore china offers efforts not only to expose how unacceptable these visits are for themselves , but also convincingly explain this to other countries in the asia-pacific region should say that we e such approaches e, share our concerns. uh, nato policy is exactly the same as china andrey ivanovich thank you let me remind you that we spoke with the russian ambassador to the people's republic of china andrey denisov and now to the situation on the moscow exchange at the opening of trading. we see that the dollar is actually worth 51.5 rubles. the euro will fall to the level of 53 rubles. and 67 kop. the moscow exchange index is 2.204 points rts 1.345 points in the oryol region a new breeding and seed breeding center has opened, which will be engaged in the creation

to a highly contagious, sub variant of ami kron is driving a fresh way. infections across the asia pacific. sarah clock reports now from brisbin. hospital admissions from covered 19, are at record levels in some states in australia, the countries in the grip of a 3rd wave of the oma kron variant with more than 300000 cases, recorded this week. and the peak expected in august. i think there's a little bit of uncertainty, but we're probably gonna reach record numbers and record numbers and hospital potentially in various parts of the country now, which is the concern bidding, as i said, we're starting from a complete position of disadvantage in having hospital which are completely full as they normally are still use among the most heavily vaccinated countries against clothing. 1995 percent of the population above the age of 16 has received 2 doses. the federal government is now offering a full dose to those over 30 years. but so far, there's been caution to take up the offer, the thought shot gives additional potential. we've seen that very clearly from across the world. so essentially we ju

so beyond asia pacific region, beyond in the pacific was something that he, he, he did a very good job. tina. well, what's your take on this? how, how will the, the former prime minister be remembered and, you know, he was known by many for his, i been nomics, which is a try to get the japanese economy moving. what will be the last thing legacy of that in particular, what he tried to do for his own country's economy. and i think it's all made all next the him back to the premiership in 2012 off the he's a year not very successfully as prime minister as before. i think initially explained to them all the people that engaged the japanese population. but i think it's quite a mixed record in terms of what about for delivery of the japanese economy of the problems that are brought to the economy for decade. the wage stagnation deflation, some of the things that we still see them being prominent issues in the upcoming election. deflation has become inflation, but wage start nation and problems in the real everyday economy still exist. so i think it's a very mixed legacy that promised to all

is meddling in matters that concern the asia pacific and that should be managed by asian countries. we have heard from the chinese of foreign ministry. they mentioned that the talks would focus on bilateral relations between the 2 countries, as well as some regional and international issues, including likely the war in ukraine. we also heard from the u. s. a state department who noted that the talks may also include matters of regional security. importantly for this part of the world, se asia, those talks may also extend to the crisis in me and mars. i'm jessica, just briefly. so what do we know about how both countries believe the relationship can be managed? well, that's really where there was a rift in perspective. from the us side, we often hear talk of managing competition. just before secretary blinking arrived in bali, a state department official commented that while a competition is a profound part of the relationship between the u. s. and china, the competition has to be managed in a sustainable way. and we often hear us talking about this concept of competition with god ra

he was a real force for stability in this region, in the asia-pacific. you know, the two most important modern partnerships in the asia-pacific are the quad lateral security dialogue between the states, japan, australia and india that would not ever have been established in the way it has if shinzo abe had not been prime minister of japan. and then of course the trans-pacific partnership which was barack obama's great strategic economic agenda for the asia-pacific, 12 countries including the u.s. and japan and australia. trump decided to pull out of that. and then everyone thought the deal was dead. well, in sydney in january 2017 shinzo abe and i decided that we should stick with it. now, japan was the biggest economy left in the -- among the 11 countries and without his leadership and commitment it could never have happened. so that deal was kept alive. it's now called the comprehensive and progressive trans-pacific partnership, it's up and running, the uk is in the process of joining and i have no doubt in the future other countries will, including pe

let's discuss that with amit made her, the asia-pacific and japan president. so much for joining us. i can assume that consumer demand is now waning. what are you seeing across the supply chains? any signs supply chains are easing or constraints are easing? amit: good morning and thanks for having me. i think as you mentioned early in the program, demand is outpacing supply across the categories. there are headwinds in the supply chain and shortages are happening across multiple categories. what we have done is we are the largest in the supply chain, $70 billion a year and between our suppliers, and we have built relationships. multi-decade relationships. last year we shipped 59 million units, which was fantastic. but these shortages will continue in the first half of next year. we believe we will have to navigate the challenging supply as we do every quarter, but the demand side and investments, particularly on the enterprise, where digital transformation is happening, is very strong. david: david here. we will get to the outlook for some of your business lin

msci asia pacific down by .4%. it is bad day, let us not forget. -- fed day, let us not forget we are expecting 75 basis points of hikes. we will talk more about microsoft resilience as well. teacher -- futures have played well for the ftse in recent days. the dax was the underperformer because of gas. it was really weighed down by that gas story. ongoing expectations that things get tough in europe through the winter. the dollar euro ounce just a fraction but not recouping the losses of yesterday a lot of earnings and the fed to think about. we have a number of great interviews today including the deutsche bank cfo, he will be joining us. we will talk to ecuador's -- equinor's management, a credit suisse chairman and we will hear from mercedes-benz. and also from the mining center, rio tinto's jakob stausholm. we look ahead to the big fed decision and big market moves in asia. matthew blocked sam will take us through the big tech earnings, and lyubov is covering the european gas crisis. that has been developing ov

shots in the new wave, evictions is not just being felt here in australia, but also across the asia pacific. even micronesia, which had been hired free until now as has 1st case reported in the community, epidemiologist. so encouraging pacific nations to expand the roll out of the 4th dose of the curve at 19 vaccine to avert a spike in infections in countries. me asian pacific regime, where a lot of countries get their infection right down. didn't have a big history of infections. but we're relying on a vaccination, we still have the same problem that we, we ended up needing to really get bash protection from these new sub barriers. when you saw the variance of the latest challenge to china. 0 time policy was shanghai rolling out mass testing. and residents now required to take a p. c. i covered 19 test, at least once a week until august. the chinese territory of macau, a government imposed extended lockdown will be lifted and casinos allowed to reopen on saturday. south korea, you cases are nearly 10 times higher than a month ago, with nearly $70000.00 cases on friday. and the warning from

s. military ties in the asia pacific region could provoke a confrontation. earlier, my colleague nicky, aaron, at disgust nato's swiftly evolving strategy with a panel of guests who expressed a range of views on how the situation could potentially unfold. i, steve claims to pluck does not once a confrontation with my case, it was you will take on that statement, considering the fact that many ukrainian trips were trained by nato instructors. and now fighting with weapons supplied by the us led alliance. i mean, it's just a ball faced lie and he knows it, nobody knows it. and, you know, when the secretary defense of the united states states straight up, that the goal and objective of the united states, which is the lead to player and nato, nato does not blame without american approval. nato's policy is to inflict as much harm as possible on russia and ukraine, so that russia will never again seek to entertain a similarly aggressive move that it did in ukraine against anywhere else in europe . that means it the purpose, the mission is to chill russians. that i

a partner in the asia-pacific region now that the current government of japan is openly participating in the sanctions war against russia, people here are wondering what this policy promises to ordinary japanese already, this coming winter, if the supply of 6 million tons of liquefied natural gas from russia stops, then the choice of means. ours is extremely limited. in fact, option two and both are painful. the first is the forced shutdown of power supply to factories and apartments. true shutdowns. adoption of the law on restriction use of electricity, the second is the search for energy sources. in japan itself, they can become nuclear power plants, the only problem is that after the accident at the fukushima-1 nuclear power plant, nuclear power generation. in japan, it almost completely stopped due to the need to modernize power units. if you launch them now, then this means shifting the modernization deadlines for an indefinite time, that is, deliberately taking risks against the opinion of the vast majority of japanese. sergei mingazhev. alexey pichko. eastern asia news office,

the asia pacific university, he joins us now from key issue a professor, good heavy with us. why on earth would anyone want to haunt village? a shinto obey was, was he, is he a divisive figure in japan? i don't know about the, this particular suspects, motivations. but the, you know, because of the accomplishments he has made, there are people who didn't like what he had done. so he did have enemies for sure . ok if you say, didn't like what, what he, what he'd done, i mean, and what sort of prime minister was he did he improve a lot of the japanese prime minister at when he was in the japanese one of the early what he was in power one of the media accomplishments she made was that the he brought to really mean the japan foreign policy and security policy. that by the now meeting, the growing minute that is, that from north korea, china, and now russia with a determination to spend as much as twice the current labor on defense and also against the growing miss. i have said the nucleus, it depends moving out of strictly defensive posture and opening a debate on partially intro

coming seriously to diversify exports primarily by presenting them to the asia-pacific region of course, maintaining trade relations with friendly countries at the same sites. and for this it is necessary to develop transport infrastructure, build new ones, expand existing gas and oil pipelines, and modernize railway communication. well, and, of course, to create port facilities and transshipment bases. in the future, it is equally important to create an opportunity for a quick change in the direction of raw material flows from west to east and vice versa, for example, by combining a single gas transmission system focused on europe with the power of siberia projects and the sakhalin khabarovsk vladivostok pipeline , to make a kind of jumper that will allow much more flexible response to price conditions for all such projects in the coming years, not only to organize the purchase of equipment, components in friendly countries, but also to expand our production, organize capacities for the production of mining and oil and gas equipment, develop our shipbuilding. a separate area is the ele

some variance sweeps the asia pacific and then later in sports, an unusual technique from his job for the world athletics championships. ah hello there that record breaking heat wave, a sweat from west to east breaking records in germany and sweden while it's now poland heard to see those high records hot and dry conditions. here we are going to see somebody come saturday, but you can see temperatures pushing up there. we've really got back corridor heat stretching from the baltic states down towards the balkans on woods to it's the and southern areas of switzerland where we have got warnings out for the heat. but we are going to see some fierce a thunderstorms breakthrough knocking temperatures down, for example, in warsaw by sunday. but the heat continues to build across southern areas of europe that isn't helping wildfires that continue to but we've also got some fire warnings out in norway. the area of low pressure taking the rush of thunderstorms towards finland on, on to western areas of russia, but cooling down as well, bring in live. michelle was a cor, faces like poland into

, security and interests, and will not allow foreign forces to complicate the situation in the asia -pacifics products to the republic of that in the amount of 25,000 tons. the humanitarian action is taking place against the backdrop of the signing of a memorandum, and mutual understanding between russia and the un secretariat, let me remind you, an agreement with odessa on the promotion of domestic food and fertilizer to world markets was signed on july 22 in istanbul in africa, in many countries , the issue of increasing the number of hungry therefore, we believe that in this situation we can help these countries, and we must do it. we just want to draw attention to recent statements on the background of the agreement. russia turkey ukraine there are few manufacturers willing to supply products to the poorest countries for free, or to provide significant discounts from current market prices.

and the other story in the asia-pacific was this report about rolling back some tariffs. a big boost coming from the tech players in hong kong. manus: thank you very much. we will see what the actual delivery is. bloomberg has learned the german gas giant, uniper, is in talks with the government about bailout package for 9 billion euros. it is one of the biggest importers of russian gas, it's shares plunged 28%. this is a systemically important company in the german industry story. why the need for such a sizable bailout? >> they are very dependent on russian gas. they built their business model on cheap russian gas. now they are not getting it. russia cut gas supplies to germany by 60% last month because of the nord stream 2. that is a key supplier for uniper. because of this supply cut, uniper is losing 30 million euros a day, a lot of money that is adding up. they are struggling to procure more supply and continue operations, and they need this bailout. they are a big dump and he, and without uniper, it will be difficult for germany to restock gas for the winter. all t

it is necessary to seriously diversify exports , primarily through the presentation to the asia-pacific of course , the preservation of trade relations with friendly countries at the same sites. and for this it is necessary to develop transport infrastructure, build new ones, expand existing gases and oil pipelines to modernize railway communication. well, and, of course, to create port facilities and transshipment bases. in the future, it is equally important to create an opportunity for a quick change in the direction of raw material flows from west to east and vice versa, for example, by combining a single gas transportation system oriented towards europe with the power of siberia projects and the sakhalin khabarovsk vladivostok pipeline, to create a kind of jumper that will allow much more flexibility respond to price fluctuations. russia will significantly increase the production of neon, this gas is critical for the world's microelectronic factories that produce microchips after the shutdown of ukrainian plants that produced inert gases. it is not in short supply, but as deputy pr

and that constituency is very much on the asia pacific constituency. and many of the people that live within her area of san francisco are of asian descent, particularly. 8 of taiwanese descent and so this is an issue that's of importance to her. she feels that is important to not only uphold into back the taiwanese people in terms of their economic rights and military rights, but also their rights of dignity and freedom. and again, well, the united states officially does not have diplomatic ties. there is this one china policy that is recognized. there is certainly this feeling that there is a fundamental right to freedom, that is to be respected. and so this is where things get quite complicated authority in terms of the us taiwan, chinese diplomatic relationship. now that's our white house correspondent. kimberly help. thank you. well, i know tegan is a senior fellow at high hey institute. he says for beijing, the most important aspect of the talk is also taiwan. they've talked 5 times since the binding came into office in the last time was about 4

msci asia-pacific down 1%.us: xi jinping has hammered home the message today in hong kong of one country, two systems as the new chief executive was sworn in on the 20 bit anniversary of chinese rule. >> hong kong enjoys a unique position, favorable conditions and broad development. the central authorities fully support hong kong in seizing the historic opportunities presented by our country's development. dani: let's get to bloomberg's yvonne man who is joined with a guest. yvonne: the weather certainly has been tumultuous, but the tone in hong kong has been calm. we talked about defending the crackdown through historic social stability. one country, two systems is something he really took pains to sell. the hong kong executive council is here, always great to have you thank you for joining us. >> lots of people were asking about the future of hong kong given that we are now at the 25th anniversary. he gave a strong message that if two system is working or hong kong, why should it change? he did not give a def

or a raji biswas as chief economist for the asia pacific region at s and p.

msa asia-pacific down by 8/10 of 1%. this led by chinese stocks and specifically chinese tech. that is diminishing some sentiment. european stocks down more than 1%, not just playing catch-up with a basically flat session in the u.s. yesterday but also years over the energy crisis weighing on the sector. s&p futures off more than half a percent. let me take you to the cross asset picture as well. oil also catching the downdraft from the concerns over growth. oil off this morning, still trading around $104 a barrel when it comes to nymex crude but sinking lower. also on euro parity watch and nearly avoided last week with the u.s. dollar, but we are headed toward that again, strong numbers from friday on the u.s. payroll not helping. that is also what fueled the dollar and u.s. 10 year yields to get above 3%, and the u.s. curve above 3% with many areas inverted. this is weighing on bitcoin, it's around the $20,000 level but down 2%. that's always a good indicator of sentiment, this morning it is negative. that's get some of our reporters from around the world, we have our berlin

let's bring in the head of asia-pacific research at julius baer. mark, when you look at markets in hong kong and china, investors are looking at the covid zero policy. we heard nothing about that from xi jinping and from john lee. how are you assessing the speeches made by the two gentlemen? >> i don't want to sound like a spokesperson for the government of china, because clearly i am not good but i think it was a very nice speech, a resounding endorsement of hong kong, both inclusive in china, and also saying that hong kong has an important role to play as a global financial center. so the tone was very positive, and as stephen said, a very soft and kind tone, not an iron fist. i was eavesdropping on your conversation, and i agree that the comments on property were interesting, and the youth. we all know that the wealth divide is large in hong kong. property, apart from monaco, is the most expensive in the world. that is a clear signal that there will be more public property. and as hong kong is that -- as the connections group with the greater ba

this three-day wave of gains across the asia-pacific.ightly underwater but all sectors are pointing up. this is bloomberg. ♪ >> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang.

this is part of a major suspicious for content from the asia pacific region.isney plus plans to have more than 50 original titles by 2023. >>> and amazon prime day is here. it is actually a two day shopping extravaganza that rivals black friday christmas sales. prime members are told that they will get deep discounts on tech goonlg gadgets and much more. and sale prices are available to new and existing prime members we're told. thanks for joining me here. i'm max foster in london. "early start" is next. you could be using the wrong detergent. and wasting up to 20 gallons of water. skip the rinse with finish quantum. its activelift technology provides an unbeatable clean on 24 hour dried-on stains. skip the rinse with finish to save our water. in three seconds, janice will win a speedboat. bingo! i'm moving to the lake... gotta sell the house. ooh! that's a lot of work. ooh! don't worry. skip the hassles and sell directly to opendoor. bingo. get your competitive offer at opendoor.com we've been streaming all day from every room. the power and speed of this sup

or a raji biswas as chief economists for the asia pacific region at s and p global market intelligence. he joins me now from singapore.

opportunities to ensure the transit of belarusian goods through their seaports of the countries of the asia-pacific russian ambassador to bulgaria will raise the issue of closing our diplomatic mission in sofia after the country's foreign ministry ignored moscow’s demand to withdraw the decision to expel 70 diplomats and employees of the representation of the residence, as indicated in our embassy, ​​they are unreasonable provocative in nature, undermining the basis of relations, if the embassy is closed, it will automatically stop working and sofia’s representation in moscow and the responsibility for the grave consequences will fall on the government of bulgaria earlier the president of this country called on the cabinet of ministers to meet again for an emergency meeting to think over the decision, which, according to him, should be taken in the interests of the country and citizens, by the way, ordinary people. residents have already expressed their opinion by arranging a protest against the expulsion of the mission staff. how to improve the biological protection of russians ? said should monit

good morning from the asia-pacific. hope you are all well. a quick glance across the markets across some of these metrics. a quick glance at europe how we closed overnight, .5%. u.s. futures down about 10 points or so. you want to pay attention to sectors. energy giving a move up in oil and a consequent move up in energy related currencies. we will get to that in a moment but this is certainly the starting point. what are you seeing? annabelle: on that rally we are seeing in oil we are also watching the commodity linked currencies in asia. seeing the aussie dollar turning positive. down around one third of a percent. the dollar fractionally higher. some strategists say what we are seeing is positioning for central banks i've -- outside the u.s. to drive weakness moving forward. speaking of central banks, the major one we are watching his australia's central bank. 25 of 26 economists seeing a .51 hike. -- a half point hike. it could drive a further rally in the aussie dollar moving forward. equities wise we are pointing to a muted start here f

a blueprint for their coexistence in the asia-pacific.he chinese foreign minister said he made the proposal during his meeting with u.s. counterpart anthony blinken over the weekend. it includes rules around upholding current regional cooperation frameworks, and respecting each other's existing interests. the u.s. embassy in beijing has not commented on the idea. that u.s. commerce secretary gina raimondo says president biden will announce a decision on easing some china tariffs. biden said on sunday that his administration is still in discussions on the issue. raymundo also says u.s. lawmakers are playing politics with national security by delaying legislation, for boosting funding for domestic chipmakers to compete with china. secretary raimondo: if we are going to do this, what can they do on their side of the equation? while i cannot say for sure, certainly that is possible. if it does not happen immediately, it is something we will continue to pursue just in the interest of, as you say, fairness. if we are lifting tariffs, what are t

the president earlier, well, earlier in his term talked about a strong emphasis on the asia-pacific. he has visited their as vice president, secretary and commerce and others, and we want the congress of the united states to be part of that initiative. of course as a west coast person received the pacific as, you know, that is our home. we are part of that as well. that is not to diminish the importance of our trans-atlantic relationships as well. i'm very excited, should we go to the countries that we will be hearing about along the way about the conversations we have. earlier this year a couple months ago, we had nine leaders of the asean, southeast asian countries, at the house, bipartisan. fact we invited the senate to come and some participated to have conversation, hear their presentations and add another symbol. the president had that asean meeting in washington, d.c. and we were very much a part of it. so again we have global responsibilities, whether it comes to three things i always say, security, economy, and governance. and this will be part of that. thank you all. >> you

well, by the way, in addition, it is for these countries of the asia-pacific region.e same time, the population of the kamchatka crab is declining, therefore, a ban on its catch has been introduced in primorye, in order to change the situation, says the vice president of the company and azamat yusupov, in june , more than 10,000 fry were released into the waters of the bay in the far eastern marine reserve. the total mass of the entire batch is 40 g. in a few years, one such crab will reach a weight of 2-3 kg. this project opens up great prospects for the development of a new area of ​​aquaculture fish industry development. with the taste preferences of russians changing, along with this, restaurateurs are adapting the menu and relying on the use of domestic products , the consumption of fish grown in russia is growing. oysters, mussels and scallops chef viktor lovdin in 2017 opened a spanish restaurant in moscow. lately. it is becoming more and more russian seafood. victor started out as an assistant cook, then he was a land cook, he went through all the steps, and e