india hosts a meeting of the china—led asian infrastructure investment bank. l find out what's on the agenda for china's version of the world bank. and on the markets: fears of a ballooning global trade war have sent asian stocks down, following steep falls on wall street, amid reports that washington was readying for a new phase in its economic confrontation with china. a major expansion at the uk's busiest airport has been given the go—ahead, with a third runway at london heathrow. the proposal passed by 415 votes to 119 — that's a majority of 296. but there are doubts about the airport's ability to raise the money, with fears that passengers and taxpayers might end up footing part of the bill. heathrow has lagged behind its global rivals. frankfurt is the number one airport for global hub connectivity, amsterdam is second, followed by dallas—fort worth. middle east and asian airports are also catching up fast. heathrow is owned by a group led by family—controlled spanish construction giant, ferrovial, and includes qatar investment authority, canadia's sovere

minister narendra modi has appealed for a ten fold increase in financing from the asian infrastructure investment bank from four to forty billion dollars by two thousand and twenty. i want to comment on my. own. remark right. or wrong. and i've. only got. this. right. in. my going to. the. coming. of them are one hundred. with a growth rate of over seven percent india is an increasingly attractive destination for foreign investors but to maintain the trend the country will have to follow through on its pledge to improve basic infrastructure. the other side of infrastructure now china is determined to become the leader when it comes to electric mobility to get there at subsidizing car prices assuring producers with quotas among other rules including overhauling pollutant public transport now the city of leading the way. a light hum instead of the roar of a diesel engine in just three years all of change and sixteen thousand buses have gone electric the city's bus drivers have been retrained and there are now five thousand charging points at bus depots. a fully charged bus can travel two hundred kilomet

minister narendra modi has appealed for a ten fold increase in financing from the asian infrastructure investment bank from four to forty billion dollars by two thousand and twenty. i want it one hundred or more. are wrong. remember right. or wrong. and everybody. on. this vine would write. down. my going to. comment. on them are not on hundred. with a growth rate of over seven percent india is an increasingly attractive destination for foreign investors but to maintain the trend the country will have to follow through on its pledge to improve basic infrastructure. or rising incomes in india few of the countries appetite for luxury cars last year more than three million cars were sold in the country and forty thousand of them were luxury vehicles the potential for growth in india is enormous but hurdles remain. for day pack sharma this shiny roadster is a dream come true. the fashion designer has been a fan of mercedes ever since he was a young boy he graduated from business school a year ago. and that's when his grandfather a farmer gave in the sports coupe that he my grandfather of throwing the thin

minister narendra modi has appealed for a ten fold increase in financing from the asian infrastructure investment bank from four to forty billion dollars by two thousand and twenty. i want to comment on my my. are wrong. i am not right. or wrong when i met with one. on. this. right. mind. but come on are coming. wrong with one hundred. with the growth rate of over seven percent india is an increasingly attractive destination for foreign investors but to maintain the trend the country will have to follow through on its pledge to improve basic infrastructure. high drama in the late games of the world cup and joining me now in the studio to discuss all the latest action is tom to noise from sports welcome to you tom good morning we have a lot to talk about because argentina they really look down now but they turned it around quite a tackler late yet they did they grab the headlines once again now all of the games are getting to that kind of crucial stage in the world cup now where a team can go home and it's in can go through last night with perhaps the most dramatic game that we've seen so far in the to

minister narendra modi has appealed for a ten fold increase in financing from the asian infrastructure investment bank from four to forty billion dollars by twenty twenty. five. and with. this in mind. my going to. be coming. to the mall with one hundred. with a growth rate of over seven percent india is an increasingly attractive destination for foreign investors but to maintain the trend the country will have to follow through on its pledge to improve basic infrastructure. a light hum instead of the roar of a diesel engine in just three years all of shen's and sixteen thousand buses have gone electric the city's bus drivers have been retrained and there are now five thousand charging points at bus depots. a fully charged bus can travel two hundred kilometers that's about a day's driving. is spearheading the changes. we can charge the bus in the evening when services have stopped for the day that's good because electricity costs are less in the evening so the bus company saves money. and electric bus const about twice as much as a diesel one but because power is relatively cheap in china the city cou

that is the nation's capital, to the financial capital mumbai to make a speech at the asian infrastructure investment bankregion's newest and most popularfunding bank, the region's newest and most popular funding body. it bank, the region's newest and most popularfunding body. it is bank, the region's newest and most popular funding body. it is a bank, the region's newest and most popularfunding body. it is a golden opportunity to india to try and close the gap in its infrastructure, something that is desperately needed to meet the growing needs of the growing population. india is seeking $2 billion from the bank to build roads, transport and waterways to connect villages and cities they could be some obstacles because of tensions between india and china. india has refused to endorse the one about one road initiative of china, also many in india feel that china could influence the aiib‘s policy when it comes to investment. during his address, the indian prime minister is expected to send a message that this bank is not a long to any particular country. —— belong to. india has been the largest member of th

india hosts a meeting of the china—led asian infrastructure investment bank. ars of a ballooning global trade war have sent asian stocks down, following steep falls on wall street, amid reports that washington was readying for a new phase in its economic confrontation with china.

michaela bergman is principal social specialist at the asian infrastructure investment bank.u went to sentosa on a day—trip. who would have thought it would be so well—known now! i imagine at the aiib and elsewhere in china this is closely watched to say the least. it is critical. definitely. it could have huge potential for is critical. definitely. it could have huge potentialfor economies, in china and the region, small businesses, i mean, there has not been that interaction recently. the sanctions. and if there is an opening up, there is huge potential benefits for businesses, both within china,japan, benefits for businesses, both within china, japan, korea, benefits for businesses, both within china,japan, korea, ithink, benefits for businesses, both within china, japan, korea, ithink, and it would also help the economy in north korea. the whole point of the aiib is to improve social economic outcomes in asia and beyond that. is the thinking that if north korea we re the thinking that if north korea were to take some steps forward in terms of opening up its economy in res

head of the asian infrastructure investment bank says he hopes there will be no trade wars between the u.s., china and europe. leadersbloomberg that need to negotiate to work out differences. he also said that the bank has no plans to raise more funding than anything -- raise more funds anytime soon. >> getting the aaa ratings from the rating companies is very important for us because we are recognized as a multinational bank with high standards, which is very good. even though we do not need to soon, the aaa rating is crucial for market recognition. jessica: global news 24 hours a day on air, tiktak and on tw more than 2400by journalists and analysts in 120 countries. yvonne: gimli forest joins us forest joinserly us to talk about how traders should navigate these waters. we discussnd later the further inclusion of chinese shares into global indices. this is bloomberg. ♪ yvonne: this is daybreak asia, i am yvonne man in hong kong. kathleen: i am kathleen hays in new york. trade is causing turmoil across global markets. we are joined by kim forrest. a lot of back and forth news wise. w

minister narendra modi has appealed for a ten fold increase in financing from the asian infrastructure investment bank from four to forty billion dollars by two thousand and twenty. i want to comment on my. own. remark right. or wrong. and i've. only got. this one. right. my going to. come out. of them all with one hundred. with a growth rate of over seven percent india is an increasingly attractive destination for foreign investors but to maintain the trend the country will have to follow through on its pledge to improve basic infrastructure. i'm talking about difficulties with utilities getting gas to farmers in much of africa can be a real pain many of the pendant on expensive propane bottle deliveries but a moroccan inventor is trying to convince farmers to switch to invention running on plant twice to new york the small bio gas digesters can provide energy practically for free. the inventor oversees the installation personally fatten of the rice developed a system that turns organic waste into bio gas it's just being installed here at a farm near marrakech in rural areas bottled propane gas is th

to fill the gaps, and we can get into talking about the belt and road initiative, asian infrastructure, investment bank and other things as we go through the question and answer of the moderated discussion here. the premise of game on, nate's excellent study, as he mentioned is that we are losing in the gray zone, and that area between peace and war. we have been nottage i'l agile creative or resourceful according to the study, and as a reality our allies are being finlandized. two great examples of this are philippines and thailand, treaty allies of the united states. even australia it is having an internal debate about the extent of chinese influence there and how much is proper and how much is profitable? we have proven to be ineffective at answering these gray zone challenges, so we have no intergovernmental consensus on how to do this. asia infrastructure investment bank, when it was first announced, our reaction it was to ask our allies not to join. that's kind of stunning. we're supposed to be the leading capitalist power in the world. we're supposed to be the ones that are best with m bes with

investments. we are trying to put an artificial barrier in. most of our allies did join the asian and -- infrastructure investment bank. the philippines withdrew, the chinese did not. the permanent court of arbitration came out on the side of the philippines and the response from the united states was silence. the bradley island archipelago was created despite the creation of these artificial projects in the silenceina sea in the face of this environmental assault was telling. , the response to carter'sthe secretary statement, we will fly sale and operate wherever international law allows. i may try this was essential, but not sufficient. freedom of operations are essential, etc., but they do not do anything for the rights of rather,namese, ability, to access their own water sport fishing or oil exploration. it simply does not help. we have to decide what the goal is. the goal is deterrence. peace.tain the there is deterrence by punishment. it is particularly talked about now regarding north korea. had that possibility for a long time to punish north korea for any use of nuclear weapons. i submit also what is needed to