president obama said the alliance serves as cornerstone in asia-pacific. resolving door to japanese prime minister's colson's has made it difficult for obama and those around him to cooperate substantially on any issue. they want a reliable partner, a stable government with a strong mandate that is more coherent in its policies. in short, they would like to see an end to the political volatility. >> that was nhk shin shoji from washington. >>> abe and other ldp leaders have said they want to take a tough line on china and officials in beijing are watching japan's political transition with great interest. nhk world reports from beijing. >> reporter: china state-run media closely followed japan's lower house election race and how the outcome would affect bilateral relations. china television sounded the alarm that japan may shift to the right. it cited the ldp's pledge of amending the constitution to give self-defense forces more power. the communist party's official newspaper commented on the election in an editorial. it said, bilateral relations will eithe

it is a recognition of the importance of the entire asia- pacific region, not as militarily, but economically. -- just militarily, but economically. the engagement with all of asia is important because we have always been a pacific power. our presence in the pacific region goes back to the 1800's. we have not really ever left china. we are now just winding down of our involvements in the middle east, and are now able to devote more attention to an area that we have always had an interest in. >> is it your sense that is to talk to the chinese that they buy it? >> the are concerned. it does excite a lot of the old cold war thinking. i think what they mostly fear is that somehow they will be contained, there is some kind of a big plan to in circle. this brings back memories of when china was very isolated during the cold war. there is a whole new generation of people who have a much more sophisticated understanding, but that i would say is a very strong sort of autonomic response to the united states beefing up its forces. the wake up one morning and burma has flipped on them -- burma seemed ete

i think many asia-pacific countries would like to see that. >> you mentioned japan should solve its own problems first, revive the economy would be one of them. how doourng the u.s.-led trans pacific partnership free-trade agreement would play into that. >> i think it is a great opportunity. we should accelerate our consultation, and when we get into negotiations, we should try to make that agreement as favorable to us as possible and it to the other countries as well. >> we should at least start talking? >> yes, i think so. >> as we heard earlier in the report the dispute over the territory in the east china sea drove a wedge between japan and china. what's your take on this, and how do you think the u.s. leaders view this issue. >> i think i'd like to say three things. one, we should restrain both of us, china and japan, and that's what we are doing. second, we should abide by international laws and norms. we should not resort to use of force or coercion. third, i appreciate very much that the u.s. is saying repeatedly that japan's security treaty, he is sfeshlly article 5, covers the

the asia pacific is, is a very complex region, but i believe that if we work this right, that we can continue to provide, to have a productive, generally-secure environment in the asia pacific that we've enjoyed for the last roughly about 50 or 60 years that, i think, has given rise to a lot of economic growth, a lot of democratization, a lot of things that have been good for a growing global economy and a growing, you know, humanity, growing humanity. and so i think we have the opportunity to do, to do that. and my job is to insure that that's, that's the direction we he.

former deputy secretary of state james steinberg was a leading advocate for the asia pacific region. he welcomed abe's plan to make his the first foreign destination. >> i think there's no substitute for leader to leader discussions. given the delicacy and importance of issues in east asia now. >> steinberg expressed the concerns over the senkaku islands. japan controls the islands in the east china sea. china and taiwan claim them. >> the re-elected leader in the united states and new leaders in all three major countries of northeast asia. this is an opportunity to take a step back and get a new perspective and avoid this tit for tat and day to day things causing so much tension. >> steinberg called on japanese leaders to break the stalemate over relocating a u.s. air base in okinawa. he says the delays are hindering efforts to build a stronger alliance. a chinese government plane approached japanese air space over the senkaku islands. fighter jets were scrambled to interassessment the craft. defense minister officials say air defense force personnel spotted the plane. the twin prope

[applause] i would say that kent is a pacific nation and what is happening in northeast, southeast asia, in fact across the entire pacific is vital interest to canada. china is canada's second largest trading partner. our prime minister has visited twice in the last couple years. most recently earlier this year. chief of defense staff visited beijing recently. we've had very senior chinese military delegations here. china is emerging as a global power, and it's the engine of the global power is its economy. and, of course, the global economy floats on salt water. and so it's became to shift sort of intro focuses much more maritime flavored one. and for canada as a maritime nation, to ensure, enable china as it emerges to become part of the globalized system, and to, in fact, make it better as

leaders are moving forward with what they call a pivot towards the asia-pacific. >> the united states is turning our attention to the vast potential of the asia-pacific region. >> reporter: japanese leaders will need to rework their policies as the u.s. shifts its focus. they see a host of geopolitical challenges around them with few easy solutions. nhk world, tokyo. >>> a storm has been hovering above samoa. we've been following that story and the rest of the weather around the globe. robert? >> yes. we've been continuing the watch, bringing some very gusty winds, even flooding rains here over samoa. really the big threat is it is dropping an abundant amount of rainfall and even storm surge right along the north portions of samoa. winds kicking up at this time. continue to trek off to the west. so still going impactsiing the rest save mowa. gradually improving. sunday into monday along the north coast of fiji here. the problem with that, that puts you in the right front qua of the storm system. that's where the heavy rain, gusty winds and storm surge is really going to be affecting y

not in europe as has been for 100 years prior to that, than the asia pacific region. secondly, that we would maintain freedom of access throughout that region. in particular, we would maintain the sea lanes in that area, whatever the challenge might be. even as we reduce our defense budget, therefore we must maintain and would maintain a powerful navy, and that that navy would be charged with maintaining the freedom of those sea lanes. we had, of course, to be concerned as to whether there would be a challenge for that. we observed that the rise and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the u

leaders are moving forward with what they call a pivot towards the asia-pacific. >> the united states is turning our attention to the vast potential of the asia-pacific region. >> reporter: japanese leaders will need to rework their policies as the u.s. shifts its focus. they see a host of geopolitical challenges around them with few easy solutions. nhk world, tokyo. >>> a storm has been hovering above samoa. we've been following that story and the rest of the weather around the globe. robert? >> yes. we're continuing to watch evan here, bringing some very gusty winds, even flooding rains here over samoa. really the big threat is it is dropping an abundant amount of rainfall and even storm surge right along the north portions of samoa. winds kicking up at this time. continue to trek off to the west. so still going impacting the samoa tlouhroughout the remaind of your friday night and into saturday. gradually improving. sunday into monday along the north coast of fiji here. the problem with that, that puts you in the right front quadrant of the storm system. that's where the heavy rain

in the middle east and in the asia-pacific region. the asia-pacific region is obviously an area of growing importance for our economy and our security. in the middle east, obviously represents continuing threats to our security as well. even after the withdrawal of troops from iraq, we have maintained a substantial military presence in the middle east in order to deter aggression, respond to crisis, ensure regional stability in the face of historic unrest, and the continuing threats from iran. last week i visited some of our troops based in kuwait, part of a robust gulf posture that includes roughly 50,000 troops, dozens of ships, fighters, bombers, advanced intelligence, surveillance and reconnaissance platforms. we are partnering closely with the gulf states to boost their capacity in critical areas such as missile defense, encounter mining, which will help reduce the pressure to sustain these larger deployments over the long term. i also visited the airbase in turkey where i announced deployment of the to u.s. patriot missile batte

not in europe as has been for 100 years prior to that, than the asia pacific region. secondly, that we would maintain freedom of access throughout that region. in particular, we would maintain the sea lanes in that area, whatever the challenge might be. even as we reduce our defense budget, therefore we must maintain and would

the asia pacific is a very complex region.i believe that if we work this right, that we can continue to provide a -- to have a productive, generally secure environment in the asia pacific that we've enjoyed for the last roughly about 50-60 years that i think has given rise to a lot of economic growth, a lot of things that have been good for groabl economy, a growing, you know, humanity, growing humanity, and i think we have the opportunity to do that, and my job is to ensure that's the direction we head. thank you. >> the supreme court look what happened in 2008 by a majority of 6-3, and say that's precedent, and indiana had a free voter id. >> talk about the facts. the society on the indiana case, it was constitutional for them to establish id. they did not say that all of those states who have subsequently -- >> correct, they talked indiana. let me finish. >> no, no. >> you misrepresented what i said. >> no, i didn't. >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter id la

surely foreign affairs subcommittee asia pacific, up when my friend joe crowley worked to pass the gold medal in 2008, aung san suu kyi was serving her thirteenth year under house arrest incarcerated for exercising freedom of speech and daring to challenge a military and the. your presence here is nothing short of a miracle. patriots succeed because of miracles. the sound of freedom can never be silenced. is a testament to the incredible strength of your convictions and the depth of your aspirations for burma to achieve democracy. you have made the time to visit us during this momentous visit. aung san suu kyi is someone who needs no introduction because there are no words to adequately describe the sacrifice this woman has in toward for 15 years. we know the incredible story of her dedication and her love for her beloved homeland and people but underneath the public face there is a daughter, a mother, beloved companion who put everything she held deer on the line to fight injustice and oppression. there are no awards that replace the time lost or the pain in toward but this time lost w

let's take a look at the jobs market in the asia pacific. kospi is trading at the central bank's role has become a key focus in japan's general election. the leaders othe ruling party have expressed contrasting views on what the bank of japan can and should do. our business reporter spoke with two economists for their take on the issue. >> translator: debate had heated up ever since banks were urged to take strong action. >> translator: we will boost public spending. that's going to force new money into the market. this will have a positive effect on the economy. >> reporter: the comments had an impact on tokyo markets in mid-november. the yen weakened and stocks shot up. some analysts called it the abi rally. others are cautious about aggressive boj easing include prime minister noda. >> translator: construction bonds and deficit covering bonds are both debts. it could but the wrong economic policy to depends on the bonds and make the boj buy them. >> reporter: economists are also split on the issues. there's a lot the bank of japan can do.

a bit of a mixed picture in the asia pacific today. the head of mitsubishi electric has decided to take it were fault. they will decide on the penalty at an executive officers meeting on friday. sources say the president will have his entire compensation cut for six months. other kexecutives are expected o receive pay reductions. the companies have been overcharging clients. they're set to pay over $800 million to the state and other entities. that's the latest headlines. here is a check on markets. >>> soldiers are shooting from re and more syrians are heading for the border. 5 500,000 refugees have fled to neighboring countries. government and opposition forces are fighting for control of the capital damascus, the northern city of aleppo and other places. officials with the u.n. office for the coordination of humanitarian affairs say there's no more safe areas where people can take fuge. they need help to feed people an treat the sick. the u.n. officials have made similar appeals but this year member nations only contributed 60% of w

now, other markets in the asia pacific, south korea's kospi is trading higher at 1,963. let's take a look at australia. it's trading higher by nearly half a percent. intelligence experts in the united states have released their predictions for global trends in the lead up to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years before 2030. the council's analysts say the u.s. will remain unrivaled in its ability to orchestrate all aspects of power including the military it the analysts say the japanese economy will gradually shrink as the population ages and the labor force contracts. they say japan will retain fourth place in terms of overall power, trailing only the u.s., china and india. the council experts say asian countries such as india and indonesia are likely to boost their military power. but they warn of an arms race in asia. if the u.s. scales back its military commitment in the region. they say some tionmay begin developing nuclear weapons. new car sales are fueling china's economy. s

our engagement with other countries throughout the asia- pacific region will focus on more cultural, economic assistance as well as military collaboration. even with china itself, we're engaging more with china. this has been from the very beginning of the obama administration and is also part of the pivot. the pivot is not just focusing our attention on the other countries of the asia-pacific to the exclusion of china. it means all of the asia-pacific including china, which is why secretary clinton has been to china seven times. yet had defense secretaries gates and panetta -- we have had defense secretaries gates and panetta and many other cabinet officials go to china specifically. >> maybe the president and administration has urged its back in little more in the past year. -- arched its back a little more in the past year. that does not mean that they are not deeply interested in finding ways to collaborate. this may seem to be contradictory, but it does not need to be that way. >> any questions? any of the young people in the back? >> how do you define young? [laughter] >> no co

taking a look at other markets in the asia pacific region, south korea's kospi is trading slightly up. let's also take a look at australia. that's trading higher by over .1 of a percent. >>> ubs will pay about $1.5 billion in fines. that's for rigging key interest rates. the total amount that ubs will pay is greater than that of british bank barkleys. they paid over $400 million in fines for its wrong doing. ubs admitted that its employees across its global network has manipulated the london interoffice rates. the rate is used as a global benchmark for financial trading. at least 45 ubs employees were involved in the manipulation or recognized the ilegality their contact. the former trader urged his colleagues to make forged reports on the key rate. he also reportedly predicted when they are predicted by 0.01% point he could make a profit of over $1 million. that is the latest in business headlines. here is a check on regional markets. >>> a party inquiry has come upon bbc. it criticizes executives for the case. the management had been suspected of exerting pressure in an attempt to c

they are embarking on a defense strategy that focuses on the asia pacific region. they are already standing marines in australia on a rotational basis. >>> the greet rift valley cuts through eastern africa. people who live along it have looked deep into the ground and seen a source of energy. steam, super heated. they are hoping it will bring a end to power shortages that hit day and night. >> reporter: kenya is a popular tourist destination in the world. hotels and office buildings have been springing up in the capital. it's fast development has brought problems. the city's plagued with frequent blackouts. a flashlight is a must item for many people. utilities are having a hard time to meet the growing demand for electricity. that's because of their heavy reliance on hydropouter. there's no rain even during the rainy season is standing in the way. the government is scrambling to promote geothermal power which is not influenced by the weather. >> we're looking into getting into 50/50%. 50% geothermal and 50% the others. the future is quite bright. >> reporter: toug

there is no question in my mind that the pivot to asia-pacific is possible because of his vision, a vision shared by the president. a vision which is made possible by senator's strong commitments to entities and his placement of the pacific tsunami warning center in hawaii so the whole pacific benefitless. hawaii's military importance goes without saying. as the investments made to pearl harbor, the pacific missile range facility, paycom, scofield, the marine corps, just to name a few. all part of his plan on how to stabilize hawaii's economy and this nation and the world. senator recognizes a future for hawaii is getting off of our dependence on fossil fuels. a conversation by the way that we had at the last delegation meeting which he chaired and he made it very clear that this was his priority. he was, as you can expect, already ahead of everyone because he had been funding research and development in this area for years. he also knew that education was critical to our success and insisted in ensuring the university of hawaii to be the land, sea and space grant institution that it is. o

it is a recognition of the entire asia-pacific region. people to people, culturally. even technical assistance on disaster relief and disaster response. so the engagement with all of asia is important. we have always been a pacific power. our presence goes back to the 1800s. ..

looks like a positive start to the asia-pacific so far this friday. we'll see where trading takes us. here's a look at some other markets. >>> myanmar's president spoke the nation on wednesday in a speech broadcast state run television and radioations he described his country as falling far short of the international standards for good governance and urged government workers to do more. >> the president also said reforms are needed from the grassroots level up to the level of the central government. he called for the cooperation of bureaucrats as well as the general public to achieve a government free of corruption. he has been president since march of 2011. he has since been promoting a package of democratization and economic reforms. his efforts won the agreements of western countries to ease economic sanctions imposed during myanmar's military regime. now he's trying to turn around the country's economy, which is the weakest among asean member countries. myanmar has the geopolitical challenge of being placed near india and the rest of southeast asi

modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had a similar currency deal in 2008 when the global financial crisis hit asia. recently india's rupe has been sold as many investors pulled their money out of the country in the wake of the european debt crisis. sharp will get funds from qualcomm under a capital and business tie up. the struggling electronics giant said it will get up to $120 million from qualcomm by march of next year. the two firms will also jointly develop new panels at a sharp plant in western japan. sharp is forecasting a record net loss of $5.5 billion for the current fiscal year due to a slump in tv and lc d secto

to provide -- to have a productive, generally safe, generally secure environment in the asia pacific that wee enjoyed for the last roughly about 50 or 60 years, that i think has given rise to a lot of economic growth, a lot of democratization, a lot of things that have been good for a growing global economy and a growing humanity, growing humanity. i think we have the opportunity to do that, and my job is to ensure that's the direction we head. thank you. [captioning performed by national captioning institute] copy [captions copyright national cable satellite corp. 2012] >> the expiration is part of the so-called fiscal cliff. on this morning's "washington journal," we'll look at the expiring unemployment benefits. our first guest is josh boak of "the fiscal times," then we have a roundtable. "washington journal" is live every day on c-span at 7:00 a.m. eastern. >> the supreme court will look at what was passed in 2008 by a majority of 6-3, i believe, and they're going to say that is precedent. >> and what is -- and indiana had a voter i.d. >> we talk about fact. they decided on the

. >>> china is building up its military presence in the asia pacific region. the question is how southeast asian countries will need with the neighbor's growing clout. we have details on different positions two countries are taking on china. >> nhk has obtained information that sheds light on the stances they are taking on china and we start with the philippines which is stationing marines on the spratly islands. nhk world reports. >> reporter: the philippines and china and malaysia and brunei claim sovereignty over all or some of the spratly's, high ranking military officers say their country has started to deploy marines in nine islands and shoals since september. the country had already stationed naval officers there. the military says personal numbers have almost doubled on some of the islands. before the deployment, the marines underwent training on protecting the islands and been equipped with upgraded weapons. philippines began expanding its military facility on the island to accommodate equipment and personnel for drills and other operations. the count

. >>> china is building up its military presence in the asia pacific region. the question is how southeast asian countries will need with the neighbor's growing clout. we have details on different positions two countries are taking on china. >> nhk has obtained information that sheds light on the stances they are taking on china and we start with the philippines which is stationing marines on the spratly islands. nhk world reports. >> reporter: the philippines and china and malaysia and brunei claim sovereignty over all or some of the spratly's, high ranking military officers say their country has started to deploy marines in nine islands and shoals since september. the country had already stationed naval officers there. the military says personal numbers have almost doubled on some of the islands. before the deployment, the marines underwent training on protecting the islands and been equipped with upgraded weapons. philippines began expanding its military facility on the island to accommodate equipment and personnel for drills and other operations. the count

let's take a look at other markets in the asia-pacific. south korea's kospi, that's trading higher by 0.20%, 1,968. taking a look at australia, the benchmark index there is trading higher by 0.3%, 4,589. >>> china has become the world's biggest processor of patent applications, overtaking the u.s. for the first time last year. the world intellectual property organization says china's patent office received more than 526,000 applications in 2011. that's up 35% from the previous the united states received 503,000 applications. japan came in third with 342,000. that's slightly down from the previous year. china overtook japan in 2010. >>> more business headlines for you next hour. i'm going to leave you with a check on markets. >>> this just coming into us right now. breaking news. the japanese government has announced that officials in north korea have launched a missile. government officials say the north koreans went ahead with the launch at 9:49 local time this morning. they said the missile went off in a southerly dictio th nth koreansay

obama said in a statement that the alliance serves as a cornerstone of peace and prosperity in the asia pacific, and he says he looks forward to working closely with the new government. the liberal democrats' victory sparked a different reaction in japan and south korea. japan is locked in territorial disputes with its neighbors, and some are worried the new government may develop a newhard-line stance. chinese media gave wide coverage to the election. they referred to the ldp's promise to the passage of the constitution. they want to change the status of the defense forces and turn them into a national defense force. a restless japan will bring new disturbances to the world. stout correspo south korea's immediamedia are expressing concerns. what they call the hawkish ldp will cause frictions with south korea. let's see how the results are affecting the market. we're joined with more on that and other business stories. so yuko, how are the markets reacting? >> abe has given investors some pretty clear signs. he says he'll push for more economic measures and the results of the election has sent

the obama administration is highlighting its policy shift, which places new emphasis on the asia-pacificegion. >> the primary long-term emerging threat which requires a large military, according to some, is china. the chinese understandably are very leery of the u.s. descriptions of its policy, including, including phrases like "pivot to east asia" and "united states has always been a pacific power." um, the u.s. always says that this not about any one country, but if i'm a chinese military leader i would take it to mean china specifically and they do. >> china has a very concerted blue water policy. they believe that they need to dominate the seas. they are, uh, they are extraordinarily worrying to india on the one side, to our other asian allies, and we have understood the imperative of resourcing a push-back in the pacific. the problem is we haven't understood that we need to spend to do it and we haven't figured out how to spend to do it. >> when i talk to chinese defense analysts and scholars when i visit china they don't talk about these legacy systems. they are happy to let us pat

increasing military or spending -- military spending by rising powers in the asia pacific region and turmoil across the middle east and north africa are altering the strategic landscape. at the same time, the nature of military conflict is changing because of the new technologies like cyber and the proliferation of missiles and wmd. we are seeing potential adversaries, state and nonstate actors alike, acquire more advanced hybrid and high-end capabilities designed to frustrate the conventional advantages of our armed forces. this means that the military services must remain vigilant, they must remain strong, they must remain prepared to operate in a way that differs significantly from the past. we will continue to face terrorism and deadly attacks by ieds. but we must also be ready for more capable adversaries to a attack our forces and our homeland in cyberspace. to attack and launch precision strikes against forward bases. to attempt to cripple our power grid, our financial systems, our government systems. to attempt to deny us freedom of action through asymmetric attacks. as i sai

in other markets in the asia-pacific the kospi is is trading lower. below that 2,000 line, 1,989 at the moment. in australia the benchmark index is trading flat, 4,585. we'll see where china related markets take us when they open over the next hour. >>> finance ministers from the 17 you're yo zone nations have agreed to give an additional loan of nearly $45 billion to greece. they say the debt reduction plan is on its way. the loan will be granted as early as next week. at a meeting last month, the euro zone nation ministers agreed in principle on aid for greece after the government carried out austerity and other measures as preconditions for additional loans. at that time they suspended the final decision on loans. they said they needed to determine if greece's bond buy-back program would be effective. at thursday's meeting they endorsed the buy back plan of the depreciated bonds. they will repurchase bonds from the private sector at a third of their face value. the ministers agreed on a separate loan of nearly $20 billion for greece by thend of nex

i think we are going to see an asia-pacific-, china-driven market that we haven't seen in five years.nd i see i.t., which is beaten down right now, but i would take a position in. i see industrials, which have good global exposure as a stock area that would put some money toward. and i think materials, the big material companies that have been beaten down by the china slowdown, are coming back. > a lot of people, i have been reading on the emerging market, they are saying if you don't have positions in emerging- market companies, you are going to be missing the boat, because a lot of upward growth potential lies there. > > it is true, but i would say that there is also emerging market debt, corporate debt, in companies like this, or sovereign debt in emerging markets is another place to look. i think there's a lot of tools to put money to work in the emerging markets, and i think people should use all of them. > what kind of balance do you think for a diversified portfolio should people be considering in this mix of different kinds of sectors? > > they certainly should just be bullish

taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.47 billion euros for anti-competitive behavior. the firms are panasonic and toshiba, samsung sdi and lg electronics, phillips and technicolor. they say the officials of those companies met a number of times until 2006 to manipulate prices of cathode ray tubes, a component used at the time in tvs and computer monitors. the firms' executives are accused of dividing upuropn markets amongst themselves for ten years. that's the latest in business. here's a check on regional markets.'st in business. here's a check on regional markets.st in business. here's a check on regional markets. >>> delegates at

their new navigation satellite system or bds is now offering service in the asia-pacific region. >> translator: bds will be used for both military and civilian purposes. it is useful in setting up china's national defense. >> chinese government representatives say the country has launched 16 satellites for bds. they say they plan to put several more into orbit to expand global coverage by 2020. bds is designed to compete with the u.s. global positioning system which has a lock on the consumer market. officials say bds is accurate enough to distinguish objects that are ten meters apart. they started operating the system on an experimental basis a year ago. they have tested it in government cars. they believe chinese fishing surveillance ships operating in the waters near the senkaku islands are also equipped with bds. . shoppers and store staff. the eight by five meter aquarium contained sharks, turtles and fish and located inside a shop and was facing the street. surveillance video shows water gushing over customers and knocking down store displays. a small official says the tank was installed