and the asia-pacific.ast month, washington said china was destabilizing the region with its dispute in the south china seas. task is almost over, and it is looking evenly matched, or are there leaks in the defense? what will the second half bring? 2014 and theg financial markets, as some investors fret over corrections. john dawson joins us right now. if you take a look at the s&p, it hasn't seen a correction of more than 10% in two years. >> the only one they have seen a 6% the last two years. of course, two years ago, that was the 2010 -- that was a concern. it hasn't happened since. many say it is going to happen. far, in thesia so shadow of quantitative easing, the bank of japan pumping out a lot of money onto the markets, but very different from china to japan, from india to south korea , very different cycles going on. let's get you the idea and have a look at the charts. there are lots of charts. japan, first of all, the mckay to 25 has underperformed all developed markets so far this year. down 7.5

she's asia-pacific strategist from goldman sachs joins us. what do you mean by that?> we have had a good second quarter. it looks as though the region will be up 5% in the second quarter. >> we're talking equities here, right? >> we're looking for 2% returns. is one ofonstruct improving global growth. -- therethat should are a number of risks on the horizon. you have been articulating some of those in your previous segment. higher potential u.s. bond yields. we have disturbances in the middle east. we have catalysts out there in terms of elections. >> we have the political issue in the china sea. a lot is going wrong. -- bond deal situation has notituation happened. what makes you think it will happen in the second half? >> we have come through a very first-quarter in the united states. it looks like it came out -2.9%. betweenprint somewhere 3.5% and 3.9% for the quarter. though the growth retrained some traction -- retain some traction, or will be more confidence about growth and yields can move up. >> everybody is taking a look at equity returns we have seen this ye

need am days and drones in the asia pacific region. well the potential threat at least as far as the united states is portraying it for example in secretary of defense hagel as recent remarks at the age of defense for him is that china is now becoming a destabilizing presence in the south china sea specifically where specifically mentioned the some of the territorial disputes that china has been having with some of its neighbors including the philippines and perhaps most notably right now viet nam so i think the united states is attempting to portray china's recent moves specifically in the south china sea and of course also in the east china sea where it has territorial disputes with japan as a growing menace and potentially one of military and naval importance which justifies at least in the eyes of the pentagon the increasing. military deployment in the region what worth bonsa you expect from china this is it really bothered by this expansion it must be. well i think it would be right to be bothered by the expansion i mean just to p

much in broiled in all of this claiming that the disputes demand a larger us military presence in asia pacific sixty percent of the us is fleet is there for us as a large military presence in australia japan and the philippines and guam and the us doesn't mind its ally japan becoming more militarized. the united states welcomes japan's efforts to play a more proactive role in contributing to global and regional peace and stability including reexamining the interpretation of which constitution chuck hagel has lashed out at china for what he called destabilizing unilateral actions asserting its claims in the south china sea china hit back on personally think the speech by mr haygood is full of hate jimminy full of threats and intimidation china is accusing the due west of using the disputes and exacerbating them to gain a strategic advantage in the region if you're an indonesian aim is you're looking at this and what you're seeing is is that japan is piling on along with the united states japan may say that its plan is to secure peace but critics argue any military expansion would lead to more t

military presence in asia pacific sixty percent of the u.s. is fleet is there for us as a large military presence in australia japan and the philippines and guam and the u.s. doesn't mind its ally japan becoming more militarized the united states welcomes japan's efforts to play a more proactive role in contributing to global regional peace and stability including reexamining the interpretation of which constitution chuck hagel has left out of china for what he called destabilizing unilateral actions asserting its claims in the south china sea china hit back. i personally think the speech by mr hague was full of had germany full of threats and intimidation china is accusing the west of using the disputes and exacerbating them to gain a strategic advantage in the region if you were in indonesia is you're looking at this and what you're seeing is is that japan is piling on along with the united states japan may say that its plan is to secure peace but critics argue any military expansion would lead to more tension in washington i'm going to chec

allies align themselves to offset china's growing influence in the asia pacific region. the city of slovyansk in eastern ukraine the main hub of antigovernment forces has been devastated by the ongoing army assault at least two children have died from shrapnel wounds during the week long shelling residential areas and the city center are severely damaged and locals are suffering from water and power outages siegel. it struck in the morning always had by the blast wave i ran away the caller to whom. it is. shooting but i can't leave i have nowhere to go or ukraine's newly elected president petro poroshenko was given orders for humanitarian corridors to be set up in order to get civilians to safety but the self-proclaimed leaders of the restive region say they doubt the government will actually go through with this plan meanwhile around fifty national guard soldiers who took part in attacks on slavyansk of refused to fight voicing their anger over the way the operation is being run a growing number of soldiers are laying down their arms as paul asli reports. six weeks on a

japan and australia off forging closer military ties to counter china's growing influence in the asia pacific region but more not story after this short break. but. did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy albums. the work of our government and our crowd. we've been hijacked why handful of friends dash all corporations they will profit by destroying what our founding fathers once i'm john mark and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem. rational debate and real discussion critical issues facing. you ready to join the movement then walk a bit there. ray of hope or merely a low in what is rapidly turning into the ukrainian civil war here claims it has an understanding with moscow designed to deescalate tensions and the violence there are a few details known about this understanding can go deliver. welcome back you're watching international next ukraine is consciously taking the. massive gas step down

a lot of shut today in the asia-pacific.o david who was watching the session in tokyo. >> it is continuing its momentum. i want to show you first what is happening with the dollar yen. what we have seen in the last 30 minutes is weakening. it is basically over the 102 handle here. as far as the topix index, 1.5% in the morning session, 1217. and a lot of momentum. back in may, it posted its first monthly gain so far this year. as far as volumes are concerned, we are right about give or take about a fifth higher compared to the previous month average. despite the fact that, yes, we are seeing yield. points,p over 58 basis give or take 1.5%. the dollar yen is weakening. three stocks we are watching --sely in japan, each eli i-ichiach eli -- da looking at a deal of $4.5 billion. we had moody's cutting the debt rating to stable. that has reversed earlier losses. san rio, maker of hello kitty, 2%. much as ¥3rth as billion for the buybacks. we see shares being pushed up. that is what is happening in japan. on the lunch break right

. >> but you're still in good business in asia pacific. rig right? >> very good business in asia pacific. that's almost 20% of our organization. in the business was very, very strong. >> okay, financial services wasn't that bad and yet, i keep seeing the firings of financial services, so what part of these outfits are hiring? >> well, listen, there's a fight for talent. kind of feels like the '90s without the consumer and without capital markets, but investment banks are higher throughout financial services. whether it's asset management or insurance or investment banking. >> one of the metrics that surfaced that i'm trying to get my hands around, revenue per consultant was minus 1%. is that an important metric? i'd like to see them be in a positive. >> it is a very important metric and that was mitigated by the fact that we continue to invest into the organization, promote from within, but also bring people from the outside. so that would certainly temper the revenue per consultant. >> i just want to get this. growth, this is a note from william bla

this next panel discusses the threat that north korea poses in the asia pacific. it's an hour. >>> i think the missile defense in asia are very real and are real sets of questions for our posturing going forward if you look at the nature of the threat and how it's evolving. and we have an excellent panel here to help us explore these issues. on my immediate left is david gompert. he currently serves at the u.s. naval academy where he's a graduate. he's an adjunct senior fellow at rand. he's served in a number of other other important government positions. he was the deputy director of national intelligence from 2009 and for a short period was the acting director for national intelligence. as i mentioned he holds a bachelor of science degree from the u.s. naval academy and a bachelor degree from winston. dr. william cranston. he serves for c-net for the american security. he served in a number of research organizations and think tanks at senior levels to include ins. and he's also good with the u.s. institute of peace. in government, dr. cronin served at the u.s. ag

the asia pacific region has the largest number of child workers, mostly around 78 million. the country with the highest number of child labors: >> in ghana, many children work at an electronic dumping ground. it is toxic work. >> environmentalists say this is the most toxic place on either. all kinds of electronic equipment are dismantled by young men and children. they do this with their bare hands. it comes from europe and north america. >> we are looking for copper, metals, anything we can resell. >> duties pay them up to $10 a day for what they collect. they export the scrap metal children pick to asia. everything is recycled, but none of it is green. most is toxic. the electronics contain cadmium which causes kidney failure and bone disease. fumes are beyond the maximum recommended level, posing a danger to the nervous system. >> the smell is heavy, gets into the lungs, burns the throat. it's absolutely suffocating. for people here, this is what they breathe every day at work. >> there's no hospital here or doctors. the pharmacy is where young men and children go for c

. >> abc7 news morning an cor christian zi hosted the awards honoring young asia pacific islander women have worked to make their communities bet. and frances, you have hosted that before, too,. >> i have a few years ago. a great event and i'm glad kristin was able to attend. it was bench day for doing anything outdoors. live doppler 7hd showing us the coastal clouds that just stuck to the coast all day long and that'sy numbers have been cool. here's a look from sutro tower, looking down toward san francisco. i want to show it while i could bus the marine layer will move in and obscure this view. san francisco, 61, san jose, 77. morgan hill, 82. half moon bay, 54. right now we're even seeing a 30-degree spread from all bay area temperatures. this time we're looking from the east bay towards the west. you see there's coastal low clouds in the distance in the 70s in santa rosa, and in the 80s in fairfield, concord, livermore. as we take a closer look from emeryville out towards the west and the bay, you'll notice clouds will pick up overnight. we'll see fog and drizzle monday morning but

defense policy across the asia-pacific region.e served as director for asian pacific affairs at the office of secretary defense for policy and as executive military assistant to the director of dental intelligence. at present, he is in business as president of his company. fellow.senior he served as senior director at the center for natural interest here it he is a member of the american board of directors, and he travels frequently to asia ,or business discussions response, security policy, and military strategy. he holds masters degrees in strategic planning and international relations, and has been awarded an honorary doctorate in public service the university of maryland. he is a member of the marine corps's association, the u.s. institute, and the council of foreign relations. a trustee of the marine corps university foundation, a board member for the naval institute, and director and treasurer of the green fund. tos a past honorary advisor the development international council. he is here to address us on the securitywashing

australian prime minister tony abbott have been discussing security and economic issues in the asia pacific region and they used the talks to turn up the pressure on china. they talked about sovereignty disputes over parts of the south china sea. obama urged china's leaders to help resolve the tensions. >> what's also important is that as china emerges as this great world power that it also is helping to reenforce and abide by basic international law and norms. >> abbott say that australia would stand side by side with the u.s. >> there are a whole range of security issues which the united states is leading on and where australia is doing our part to secure the freedom and the safety of the world and its citizens. >> obama and abbott agreed to try to speed up talks for a transpacific partnership free trade pact. they said the accord would boost jocks and growth and bring long-term prosrity to the region. >>> experts are calling for major reforms at one of japan's leading research centers. the riken institute has been hit by a stem cell scandal. the members of an independent panel say part o

. >>> trade officials from asia pacific nations have been trying to speed up progress on a free trade deal, but still they seem to be at odds. we're joined now from the business desk. give us the latest on the transpacific partnership talks. >> catherine, negotiators from each country are trying to push things forward but there's a little bit of disharmony building up. new zealand's prime minister said japan's leaders must allow more imports from farm products. john key said if they don't, japan should be left out of the transpacific partnership free trade agreements. he made the comment in washington to the u.s. chamber of commerce. new zealand negotiators asked the japanese to open markets for dairy products, but japan's delegates argued for keeping tariffs on certain agricultural products. >> we need a high-quality comprehensive deal. if a partner doesn't want to, we'll be able to do a deal with a smaller number of people. >> he understands japan's leaders need to consider the views of the nation's farmers but shinzo abe needs to free up japanese markets. >>> tokyo share prices are

. >> abc7 news morning an cor christian zi hosted the awards honoring young asia pacific islander womenave worked to make their communities bet. and frances, you have hosted that before, too,. >> i have a few years ago. a great event and i'm glad kristin was able to attend. it was bench day for doing anything outdoors. live doppler 7hd showing us the coastal clouds that just stuck to the coast all day long and that'sy numbers have been cool. here's a look from sutro tower, looking down toward san francisco. i want to show it while i could bus the marine layer will move in and obscure this view. san francisco, 61, san jose, 77. morgan hill, 82. half moon bay, 54. right now we're even seeing a 30-degree spread from all bay area temperatures. this time we're looking from the east bay towards the west. you see there's coastal low clouds in the distance in the 70s in santa rosa, and in the 80s in fairfield, concord, livermore. as we take a closer look from emeryville out towards the west and the bay, you'll notice clouds will pick up overnight. we'll see fog and drizzle monday morning but ma

we have important opportunities in east asia-pacific. but i think in the competition between the urgent and the important, the urgent wins. >> obama announced a pivot to asia after the wars in iraq and afghanistan. u.s. leaders were also responding to china's rapid military buildup. >>> pro-russian separatists in eastern ukraine are signaling they want to find a way to end the fighting. one of their leaders has met with government representatives for the first time. and he's agreed to honor a cease-fire declared by the president. the prime minister of the self-proclaimed donetsk people's republic made the announcement after talks with former ukrainian president kuchma. russia's ambassador was also present. ukraine's president petro poroshenko declared a week-long bilateral cease-fire. he also revealed a plan for peace. he's urged pro-russian militants to stop fighting. the u.s. and russian presidents got on the phone to discuss the situation. barack obama asked vladimir putin to use his influence to help in the unrest. putin reportedly sa

military presence in asia pacific sixty percent of the u.s. is fleet is there for us as a large military presence in australia japan and the philippines and guam and the u.s. doesn't mind its ally japan becoming more militarized the united states welcomes japan's efforts to play a more proactive role into triggering to global and regional peace and stability including reexamining future protection for which constitution. chuck hagel has lashed out at china for what he called destabilizing unilateral actions asserting its claims in the south china sea china hit back on personally think the speech by mr hague was full of hate germany full of threats and intimidation china is accusing the due west of using the disputes and exacerbating them to gain a strategic advantage in the region if you are in beijing is you're looking at this and what you're seeing is is that japan is piling on along with the united states japan may say that its plan is to secure peace but critics argue any military expansion would lead to more tensions in washington i'm goi

out of the pre-cup chatter, the asia-pacific region is producing the most world cup social buzz with a 48% share followed by europe, the middle east and africa at 32%, and the americas with 20%. the u.s. represents just a small fraction, 8%. and advertisers are taking note. >> this is a place to get into key markets, that aren't the world class developed economies like north america and europe, but are quickly growing. >> reporter: they will be represented with hash flags. use a hashtag in front of a three letter country code and that flag will appear all part of a push with the money making goal. >> long term, we are get a better idea on how much money was spent by advertisers. that the will show up in the 2nd quarter earnings reports for facebook and twitter. we could see big jumps in revenue especially mobile advertising. >> reporter: the most tweeted tv event of the last tv season was the super bowl, which prompted 1.8 billion tweets about the game in the halftime show. live in the newsroom, anne makevoc, kpix 5. >> the first world cup match is between host country brazil and cro

rebalancing to the region, the fact was, and is that america is a significant military presence in the asia pacific. >> but australia deeply ties with the u.s., with a australian neutrality and disputes with u.s. allies like japan and china. some say that they should have strategic independence rather than strategic depends. >dependence. >> australia is taken for granted. any country that foregoes its sovereignty to have another country's military on its territory, it's already not neutral. you can't be neutral under those circumstances. >> he calls the u.s. a dangerous ally. and these wore games in the outback are positioning. tony abbot is urged to think carefully about what the next moves mean for australia. >> in detroit, the pension board for police officers and firefighters is expected to vote on the city's bankruptcy plan today. they're asking the members to take a cut. and 18,000 workers and retirees would have to gree to a 4 and a half percent reduction in their monthly check. it's a restructuring plan from an oversight committee for the next 20 years. >> nestled over 9,000 feet in the roc

naval forces are going to be transferred to the asia pacific region by the year two twenty and that will mean the u.s. will have to tidy up. all these unfortunate problems that it has syria iran. and so on. you know that all i'm saying is u.s. policy as it's acted out in syria is very very confusing because that doesn't they don't seem to be wanting to resolve matters there they seem to want to stoke it instead of play some kind of brokerage role come out and deal with it want to get back a little bit to nato and the war games stat where that just took place in history in europe like the most recent ones in latvia so do you think those are aiming at intimidating russia it's out there so goal. you know. i've thought about why this intimidation of russia is going on and i think it is it is partly historical. the soviet union was deeply resented just for existing because it was getting in the way of an enormous part of the world that the united states and its western allies had previously had a great deal to do with and he spoilt it and wanted to do that again. and i think there is a will m

. >>> officials from 16 asia-pacific countrieses are trying to move closer toward a regional free-tradeeal. they hope to conclude it by the end of 2015. chief negotiators from the ten asean nations as well as japan, china, india and others are holding the fifth round of talks on the regional comprehensive economic partnership. on the table during the five-day meeting in singapore are issues such as lowering tariffs and liberalizing services and investment. the officials hope to reach consensus on how to move forward on tariff cuts when trade ministers meet in august. but they're still divided on the issue. japanese negotiators hope to lead talks in the areas of intellectual property and fair competition. they want to establish rules that will help japanese firms expand their business in the countries taking part in the talks. >>> the people at a leading japanese financial group are trying to help mold the future of a manufacturing firm. orix will take over a metal molds maker that has fallen on hard times. orix executives say they'll pay about $146 million for a majority stake in arrk c

looks like american farmers don't like the way the wind is blowing on a free trade deal for the asia pacific. they're angry that japanese negotiators working on the transpacific partnership are not opening up their markets. members of two lobby groups say they'll withdraw their support for the deal unless the japanese remove agricultural tariffs. they sent letters to u.s. government officials to press their demands. >> our industry, both through farmers and companies, are prepared to not support tpp unless we have comprehensive meaningful market access. >> japan's minister in charge of the talks says it's impossible to remove all the tariffs. american pork, rice and wheat farmers say if the japanese insist on the tariffs they should be cut out of the talks. >>> that is going to do it for business hour. i'll give you a check of the markets now. >>> a group gathered in tokyo this week to call for democracy in china. they were marking the 25th anniversary of the tiananmen square crackdown. some worry that fewer and fewer people know what happened. nhk world's tomoki matsuda met a man who is rai

. >> reporter: the purpose of the annual forum is to tackle a range of security issues in the asia pacific region. but in recent years, the focus has squarely shifted to china. takafumi terui, nhk world. >>> u.s. defense secretary chuck hagel says he hopes an exchange of prisoners will lead to direct talks with the taliban. militants released army sergeant bowe bergdahl on saturday after nearly five years in captivity. in return, the u.s. government freed five inmates from the military prison at guantanamo bay. hagel made a surprise visit to afghanistan to celebrate the release of the sole remaining american military hostage. he said he hopes the transfer will provide a break for negotiations. american personnel from bergdahl had been freed then loaded five taliban commanders onto an aircraft bound for qatar. the former inmates were high ranking military an intelligence officials. taliban leader mullah mohammed omar issued a rare statement calling the trade a great victory. the militants had long made the release of the inmate the main condition for peace talks. >>> an explosion at a socce

in the asia pacific, we're supporting southeast asia nations as they negotiate a code of conduct with china on maritime disputes in the south china sea, and we're working to resolve these disputes through international law. that spirit of cooperation needs to energize the global effort to combat climate change, a creeping national security crisis that will help shape your time in uniform as we are called on to respond to refugee flows and natural disasters and conflicts over water and food. which is why next year i intend to make sure that america is out front in putting together a global framework to preserve our planet. you see, american influence is always stronger when we lead by example. we can't exempt ourselves from the rules that apply to everybody else. we can't call on others to make commitments to combat climate change if a whole lot of our political leaders deny that it's taking place. we can't try to resolve problems in the south china sea when we have refused to make sure that the law of the sea convention is ratified by the united states senate, despite the fact that ou

they will discuss priorities in the asia-pacific. possible future presidential candidate. former secretary of state hillary clinton will give interviews to 80 news on her new book. it is titled hard choices. we will see if she makes the decision to run for president. we will have more of the news for you on bloomberg television. >> coming up next, we will have the latest on what reporters are watching on these topics change. that is when we return after this short break. ♪ welcome to the stock exchange. we will check in. a seven-month high. motor.atsu they are up. i think it is one trade. >> john is making it up. >> let me make my case. market, of the chinese that made the newspaper. they report is saying that they'll be coming back in. they will partner with a chinese automaker. they will supply them with transmissions for 36,000 cars. it is not a lot. but it is good news. in the future, they may consider supplying engines or jointly producing cars. >> we hope that chinese consumers will buy them. the big bad today and the winner is

we're the fastest growing brand in the asia-pacific, led by china and india.lots of room to grow this great corporation. >> you say, we are just getting started. even though the end of the month is officially -- >> oh yes. i have a few more days to be part of the we. >> i assume you're going to be coming back once in a while. >> i think i will maintain many of the great relationships i have made. i have fallen in love with poured -- ford and it is so important, what it does for the economy. close to ford. mark can call me anytime. >> alan mulally speaking there in an exclusive interview. shares a rallying this morning. -- are rallying this morning. it is the latest sign that u.s. firms are increasingly looking to avoid u.s. corporation taxes by moving their headquarters overseas. detailsus now with more is caroline hyde. just tax or something else? >> this is basically the biggest maker of seeds in the world, monsanto, looking at a small arrival over in europe, one that has been pumping money into being quite a strong competitor. it is starting to encroach on

we don't have a better friend in the world, as well as the asia pacific region, than australia. they are a treaty ally. we cooperate on a whole range of issues. historically, there hasn't been a fight that the united states was in that australia wasn't standing shoulder to shoulder with us. and most recently, in afghanistan, australian troops have made enormous contributions and made enormous sacrifices, and we're very grateful to them for that. we had the opportunity this morning to discuss a wide range of issues, many of them focused on the importance of the asia pacific region. we discussed the security cooperation that is continuing to deepen between our two nations as treaty allies. in addition to the marines that are now in darwin and the rotations that have been established, we actually have arrived at additional agreements around force postures that will enhance the bilateral cooperation between our militaries and give us additional reach throughout this very important part of the world. and we're grateful for the cooperation there. i should note that australia, under th

and that means that the price of oil will go up because most of middle eastern or in goes to the asia pacific region so it doesn't help then when i was in any way they would be actually punishing themselves now the e.u. is seeking to diversify its gas supplies to reduce its reliance on russian gas about a third of the natural gas it consumes comes from russia now geopolitics as well as the rising gas prices are forcing europe to turn to coal which is a relatively cheap souls of energy now let's bring up some details for you here on the program on r.t. international the e.u. is coal consumption has been steadily rising you can see here compared to the use of natural gas and that's despite environmental campaigns to reduce carbon emissions and come back on the highly polluting fuels even germany known for its commitment to alternative energy is no exception as artie's pretty reports. the black hearts at the center of the green dream in germany coal is back in vogue we see. this. as regards climate mitigation it's an issue that runs deep in government they hope to be able to generate a massive e

rebalancing to the region the fact was and is america is a significant military presence in the asia pacific reporter: but do australia's deepening ties with the u.s. undermine the possibility of australian neutrality in any future disputes between a u.s. ally like japan and china. shea thekind some >> australia is take phone granted totally. any country that fore goes so much of its sovereignty as to have another country have its military base on his its territory is already not neutral. you can't be neutral under those circumstances. >> reporter: it's an argument echoed by previous prime minister malcolm franker sent australian troops to vietnam but now calls the u.s. a dangerous ally. these war games in the out back are also part of a strategic game of geopolitical positioning. tony abbott is being urged to think carefully about what the next moves mean for australia. andrew thomas, al jazerra, australia. >>> well, when tech users discard old electronics they pictures them to be recycled responsibilitiesbly but the toying i catoxic chemicals in tt hard to do. in ghana e waste is a dangero

means that the price of oil will go up because most of middle east that are all in goes to the asia pacific region so it doesn't help then when i was in any way they would be actually thinking themselves and the e.u. is now seeking to diversify energy supplies to reduce its reliance on russian gas about a third of the natural gas it consumes comes directly from russia but geopolitics as well as a rising gas prices are forcing europe to turn cold which is a relatively cheap source of energy but it is very very dirty let's bring out some details for you here on the program the e.u.'s coal consumption has been steadily rising compared to that of the natural gas you can see it right there and that's despite environmental campaigns to reduce carbon emissions and cut back on the highly polluting fuels even germany known for its commitment to alternative energy is no exception as ati's peter all of. the black hearted the center of the green dream in germany coal is back in vogue way see the renaissance of coal combustion. naturally this is a disaster to the credibility of germany's cadential as re

and that means that the price of oil will go up because most of middle eastern oil goes to the asia pacific region so it doesn't help but when i was in any way they will be actually punishing themselves dr doom international or economist and consultant on oil and energy at the world bank thank you very much for joining us and sharing your views with us. right the united nations estimates in just fifteen years from now around half of the world's population will suffer from a lack of water its recent report also predicts the vital resource will become the main driver of regional and global conflicts of all of the water covering the planet only around two percent is freshwater about a third of the global population are currently under so-called water stress with a day countries underground reserves already severely depleted now this figure is dramatically rising with almost one third of the population predicted to be hit by critical shortage just over the next decade now elso the demand of fresh water is of course going up and is tripled over the past five decades and global water consumption

east and that means that the price of oil will go up because most of mid east or in goes to the asia pacificregion so it doesn't help then when i was in any way they would be actually thinking themselves now the e.u. is seeking to diversify energy supplies to reduce its reliance on russian gas about a third of the natural gas it consumes comes directly from russia now geopolitics as well as a growth in fuel prices as well as europe turning to coal now coal is a cheaper alternative but is very very dirty and so share some details here on r.t. international the coal consumption has been steadily rising compared to the use of natural gas you can see the growing difference that and us despite environmental campaigns to reduce carbon emissions and cut back on highly polluting fuels even germany known for its commitment to alternative energy is no exception as r.t. correspondent peter all of us now investigates. the black hearted the center of the green dream in germany coal is back in vogue we see the renaissance of coal combustion. naturally this is a disaster to the credibility of germany's as

market trading here in the asia pacific. the state and play for you right now. take a look.we see oil extend on speculation of the violence in iraq and a threatened output and that is having a broader impact today. asian stock it is falling along with u.s. index futures as well. thailand is accused of modern day slavery with thousands held against their will. a special report when "first up" returns. stay right there. >> good monday morning. it is a little bit of a gray start to a trading week. we are an hour from the opening of trading here. the first chinese bank set to get a u.k. license. you are watching "first up." rolling the dice. bloomberg industries takes an optimistic view on casinos and thousands of foreign workers flee. and the new number one hang seng bank is the strongest in the world. macao. t's talk about 2014 hasn't been great for casinos so far but a new report from bloomberg industries says that is set to change next year. we are joined now. tim. good to see you. take a look at the second half of the year. remind us how the first half has gone. >> it is to

reports in australia this morning that they may be cutting as much as 35 jobs here in the asia-pacific. that is what we have for the moment, slightly negative data across the region. military rulers denying that they are sending migrant workers home. what is the military government saying? >> the junta leaders say there is no truth in the accusations that there was no order to expel cambodians or other laborers from neighboring countries. say the workers leaving thailand are returning home for the harvesting season. essentially, what they are saying is that they are rumors. still, we have seen panic among cambodian rulers. human rights groups say that bar than 100,000 cambodians have fled thailand on crackdown fears. they have been crossing the border since the army seized power in late may. in recent days, the numbers have increased. kyoto reported that seven were killed over the weekend. a truck crashed near a -- near bangkok. the glittery took over the government after months of unrest -- the military took over the government after months of unrest. reports of congestion, indeed -ca

asia-pacific on the way up overall. sydney is one of the key drivers. the top bit of news is tony abbott trying to get an abolition of the carbon tax or parliament once again. a quick look. we do see the kospi higher by .4%. chinese manufacturing expanding more than expected. we were expecting contraction, but hsbc showed expansion. in fact, chinese equities largely to the upside. we have the tokyo reopened coming up on the other side of this break. >> refugees flee and hundreds of thousands as the insurgency gains ground in iraq. questions about singapore's ability to fight back. and taxing times in australia. tony abbott tries again to repeal the carbon levy. let's have a look at some of the world news. a series ofarried airstrikes in syria that left a teenager dead. the 15-year-old boy died and his father and another person were wounded in what has been described as a project t -- a projectile. russia supports a cease-fire in endine and negotiating an to the deadly violence. president putin bank says any solution must include the rights of russian sp

. >> getting at this feed on market action, if we look at the nsc i asian -- the msci asia-pacific, levelse haven't seen in a month. let's get it over to john dawson. on friday, you have the hang seng finishing below 23,000. now it is about it. that is quite encouraging. the markets rebounded again. you can see -- look at this really strong rebound today. that was the impact above the 2000 mark. significantly and it has now jumped up in that trading range right there. wall, may sales are down 15%. shares are down about 5% right now. is oneading range, that of the stocks we are following today. screen, china's market opened lower and has recovered. the top three performance are gas stocks, also declining. great wall, the biggest decline or. yan, thiscomposite, after the figure -- again, this after the figures come out on friday. you see the national retailers. energy stocks seeing gains. a bit of a mixed bag. that was the lift again but markets holding after opening lower. -- they have finished up their lunch in japan and we have the stronger than expected growth number you broke earlier to