i want to bring in the author of "turn around, carlos ghosn rescued nissan" of course before all of this occurred david, i know you've been listening in give me your thoughts on what you've heard from mr. ghosn particularly in light of the fact you know the man well having written a book about him. >> right i do know carlos ghosn well. look, i don't think he is a crook. carlos ghosn pushed the envelope from the minute he took the job at nissan and then bringing this alliance together. and, you know, he pushes boundaries and i think it's like speeding he probably got caught to some degree now, you know, he says he is willing to stand trial i believe him if he says that publicly, so we'll see >> what do you think, then, occurred if he was being aggressive you heard his defense i assume that's the first hour or so was not him taking questions it was him actually presenting slides and things that supported his contention that he never took or embezzled any money at all from the company >> yeah. and i don't think that -- i've not seen any evidence of what's come out so far, you know, i guess

the next act of the carlos ghosn drama begins today.his morning, the former nissan chief is hosting -- holding a news conference in beirut. it is to tell his side of the story. he is accusing the former employer of making him a scapegoat to block further trouble with renaud. he escaped -- were no -- renault. 10 years ago, it was the biggest story in the world, but now the sagas coming to an end. the international is ready to -- thereece for good international monetary fund is ready to leave greece for good. it plans to pay more this year to prove the crisis is really over for good. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. nejra: thank you so much. don't miss our exclusive interview with the opec secretary-general, as we have seen oil spike today on brent. that is later in the show. don't go anywhere. and carlos ghosn speaks. the former nissan ceo has some stories to tell and scores to settle. don't miss coverage of

who remains injapan under alongside carlos ghosn who remains in japan under house alongside carlost. alongside carlos ghosn who remains in japan under house arrest. thank you, a story that dominated yesterday when carlos ghosn did the press c0 nfe re nce . yesterday when carlos ghosn did the press conference. let us look at markets... a relief rally today, because of course the strong aggressive rhetoric going on between the us and iran has calmed down somewhat. compared to this time yesterday. we saw in asia markets balancing higher, that was the us the night before, looking at europe trading right now, you can see again markets in europe high across the board. tesco shares, they have weak sales over christmas, shares up i.6%. iag, willie walsh who was of course in charge, he has announced his retirement as chief executive, shares upi.2%. news of how much american shoppers were prepared to spend over the holiday season continues to come out. samira hussain has more from new york on one sector that appears to have enjoyed a happy christmas. independent book shops seem to be "the li

japanese prosecutors say that by fleeing, carlos ghosn is admitting his guilt. many agreed with mr. ghosn and his defense team that the charges against him were essentially politically motivated, and mr. ghosn's real-time was trying to force a merger between japanese convenience on an french parents renault. in the 1990's, carlos ghosn help save the french carmaker renault. the 2000 see took on an even bigger job, turning around japan's moribund carmaker nissan. he rose to become one of the most global figures in the car industry. but in 2018, he was arrested at tokyo airport on suspicion of financial misconduct. he was held in this tokyo detention center for more than 100 days, facing daily interrogations. >> thiis a conspiracy -- rupert: since his release on bail, carlos ghosn has angrily programmed his innocence, accusing his former colleagues at ms. sent -- nissan of conspiring with japanese prosecutors to manufacture a case against him. the media in japan had been preparing for what was expected to be the trial of the decade. instead, carlos ghosn is now far away in lebanon a co

japanese prosecutors will say by fleeing, carlos ghosn is admitting his guilt. defence team that the charges against him were essentially politically motivated. and that carlos ghosn‘s real crime was trying to force a merger between a japanese company, nissan, and its french parent, renault. today in nissan... in the 1990s, carlos ghosn helped save french car—maker renault. in the 2000s, he took on an even biggerjob, turning around japan's moribund car—maker, nissan. he rose to become one of the most powerful figures in the global car industry. but in 2018, he was arrested at tokyo airport on suspicion of financial misconduct. he was held in this tokyo detention centre for more than 100 days, facing daily interrogations. this is a conspiracy... since his release on bail, carlos ghosn has angrily proclaimed his innocence, accusing his former colleagues at nissan of conspiring with japanese prosecutors to manufacture a case against him. the media injapan have been preparing for what was expected to be the trial of the decade. instead, carlos ghosn is now far away i

he was proposed by carlos ghosn but named by the board when they say he was named by mr. d voted unanimously to nominate him as ceo and nine months later they unanimously voted him down that's the reality so let's come back to our story. nominated in october 2016, ceo of the company, i moved to mitsubishi i'll return after having been ceo for 17 years after having been ceo for 17 years in 1999. i left with him $20 billion in cash a company which was profitable, which was growing, which was respected. a brand which was nowhere in 1999 which became one of the top 60 brands in the world that's what i left with him and then you take care of it, now it's your turn let me have mitsubishi and let me take care of renault. unfortunately a ceo is here as long as he performs. i haven't stayed 17 years head of nissan because i was carlos ghosn. i was performing i was delivering growth. i was delivering profit and cash flow and dividends that's our reason to be. unfortunately we started to see a decline in the performance of the company. obviously many tough discussions. in 2018 anothe

new details on carlos ghosn's flight from japan. wyer for ghosn says that he will hold a news conference in beirut on the 8th of this month. so in less than a week and joining us on the cnbc phone line is a 50 year veteran of the auto industry, bob be lulutz good to talk to you this morning. and you have known carlos ghosn for quite a while. there are elements here of just simply, you know, a global executive caught between jurisdictions and things about the japanese judicial system but what are your be observations in the situation that mr. ghosn finds himself in and what does it say if anything about the machinations behind the scenes in this car company that he once ran >> well, we don't know he claims he is the victim of a conspiracy to oust him but having known carlos ghosn for a number of years and having observed his personality over the decades, seeing him become more and more suffering from ceo disease where he showed all the signs of believing position to be omnipotent and infallible, that type of person a ality does tend i

was it a clear case of financial misconduct or an emperor syndrome, as someone said in japan, of carlos ghosny he was removed. kathleen: i want to jump in because we have a minister speaking. she says she wants ghosn to make his case in a fair trial. him toly, she wants come back. people inside and outside tokyo, people in the legal profession have criticized the system for a long time, so, you know, i just want to put that on the table for you as you assess where everything is now for us. i think the, justice ministry is probably grabbing at straws to figure out what they can do. how carlos ghosn got out of the country is one side of the equation, and then, what are they going to do next? she has only been on the job since october, so she is trying to get her ducks in a row as well in what is expected to be two very high-profile trials. now, that is all out the window right now. i think there is a lot of questions still to be answered. haidi: steve, thank you for that, stephen engle with the latest on carlos ghosn and his family. i am going to leave that there. you can keep watching at live

>> carlos ghosn is slamming japan's legal system, calling it rigged and unfair. come out, not making superstrong statements, not very often, but when they do, they say it is fair and that they will continue to prosecute carlos ghosn, despite his escape from japan. remember, lebanon and japan do not have next tradition treaty, so it may be hard for japan to get carlos back into the country. we were just talking to some japanese ceo's in light of this whole saga. let's listen to what they had to say. >> the weakness of japan's legal system has been exposed. this should not be taken as diplomatic issue. it should be dealt with in the legal system. >> i feel so much regret that he avoiding hisan, argument against our judicial system, legal system. argue againsto japanese authority, so i think we have to adjust the judicial system to some extent. so we have obsolete, to look around at global standards. maybe some change to the legal system. do you think that the government will listen? >> we will see. japan has been trying to get anything they can from carlos ghosn to

on more have any idea details about what perhaps carlos ghosn is going to say exactly?- he issued a statement yesterday evening in which he explained that the investigation is not a serious one. -- led this investigation in which he was himself obviously being investigated at the same time. he says that this investigation was unfair. there was no due process. simply led in order to take him down. he says he has proof, evidence of this that he will be showing here. at the top ofhat the japanese government, some people wanted to take him down because the japanese government is afraid. also japan would lose control over nissan if there was a close-knit relationship between the countries. indeed he is going to try and demonstrate and prove it in front of the world media. he will take his time to do so. we will have to seeee. >>>> thank you for that. will be givingn that press conference startiti at about 45 minutes time. we will be covering that life are you here so be sure to stay tuned. now wherela opposition leader juan guaido was sworn in for another term as speaker of

we are awaiting a news conference from former nissan chairman carlos ghosn, expected to begin in just. he fleed japan. his lawyers are charging that nissan was trying to prevent ghosn from more closely int clog the company with renault. joining us right now from tokyo is pete landers. peter, it's good to see you this morning, thanks very much for joining us. one question is, is the japanese judicial system and the fact that they are digging in, they have an arrest warrant out for his wife, carol ghosn. what's your reaction to all of this and how safe do you think carol and carlos ghosn are in lebanon? >> i think they're safe in lebanon but if they were to go to another country, especially the united states, they could perhaps be extradited to japan because japan and the u.s. do have an extradition treaty. the arrest warrant for carol ghosn and of course they're looking for carlos ghosn, ever since he escaped, their actions against the couple make it more difficult for them to travel outside of lebanon. maria: earlier in the week i reported that i spoke with carlos ghosn over the weeke

is how does carlos ghosn want to be remembered?te likely he does not want to be remembered as someone who is defend a straight a -- who was defenestrated. there is some juice and him left to clear his name. matt: bloomberg managing editor for business. let's get back to janet mui, still with us. going to ask you to comment on the carlos ghosn situation. but in terms of the automotive sector, it has been a rough year for nissan and for everybody. does that change in 2020? think the european car sector has some cyclical headwinds back from 2019, when the emission standards changed. it has been a big hit for the sector. that will be alleviated slightly better in 2020. the phase one trade deal will be helpful to the trade environment in a global economy. however, i believe the auto factor in europe is facing more structural issues, including the electric cars, which i think they are lagging behind in terms of innovation, versus china and the u.s. also, the fact that we are all sharing more about auto trips. the demand for autos is on a

also on the show carlos ghosn gets his day if not in court that at least in front of the cameras will take you to the x. nissan chief's 1st appearance since his dramatic escape from the japanese justice system. and russia turns to turkey 2 countries inaugurate a new gas pipeline to carry russian gas to southern europe bypassing ukraine. this is your business report i'm stephen beers in berlin thanks for joining us markets around the world are breathing a sigh of relief after seeing no further escalation in the conflict between u.s. and iran after u.s. markets closed with gains overnight asian indexes are up across the board on thursday with the nikkei in japan gaining more than 2 percent hong kong and shanghai are also in positive territory after strong gains over the last few tense days oil is once again trading lower. if more on this let's go to our financial correspondent in frankfurt chelsea delaney chelsea does this mean that investors have finally put aside these conflicts or this conflict between the u.s. and iran. absolutely and i think investors really began to look past thes

now, carlos ghosn has not been tried yet. he's not under a sentence.is just a fugitive awaiting trial and so lebanon has some tough choices to make in the coming weeks and months about what to do with this person, this fugitive. >> you don't think lebanon will do anything? there's no extradition treaty with japan and seem to say they're standing by him and carlos ghosn said he was naming names from japanese companies and he thought very personally sold him out he didn't name anyone in government because he didn't want to put the lebanese government in a more uncomfortable position. >> that's right. ghosn's view of this case is that this was an internal investigation over at nissan that was then handed off to authorities. it's basically a nissan internal squabble that was pushed off and law enforcement was brought in to make that a legal criminal problem for ghosn. that's the way he viewed this case from the outset and the argument act his compensation is that japanese -- there's a japanese rule that says that limits the compensation of an executive and

i did not ask who would play carlos ghosn.as directed the extendent of labor to minimum-wage concessions regarding tips to nails and carwashes. comingting to see this at a time of pressure for the gig economy. using the same pressure out west. reminder thatood there have always been people in , nonguaranteedng uber of work long before came around. we see protections growing for them. >> when we were in europe and had a discussion about the tip economy or should it be baked in or sense of obligation, we are heavy reliant on it. >> i think alec baldwin should play carlos ghosn. coast alsothe west made a suggestion. joe: coming up, 2019 a rough year for hedge funds, but one managed to gain 34%. we will discuss that. this is bloomberg. ♪ whether you're out here on lte or here on a wifi hotspot, xfinity mobile has more coverage to keep you connected to what matters most. moooo. that's because it's the only wireless network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. save up

carlos ghosn says he wants to clear his name. the former nissan chairman who has become the world's most famous fugitive spoke to reporters today in beirut. he fled there last week after a daring escape from tokyo. ghosn blasted the japanese legal system. mr. ghosn: i did not escape justice. and persecution , political persecution. ritika: he is accused of financial crimes. he says that japanese prosecutors, government officials, and nissan executives conspired to bring him down. smoke from deadly bushfires have devastated australia has now spread halfway across the world, darkening skies in argentina and beyond. a u.s. weather satellite captured the smoke crossing south america and sweating over buenos aires. the fires have code at least 25 people and destroyed more than 25 million acres. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. vonnie: thank you. time now for our stock of the hour. with so

we've got this breaking news as it relates to carlos ghosn.kish news agency is ruling a court arrested five suspects who have been detained as part of the investigation into the so-called great escape of the auto executive who it appears now just walked out of his home, where he was under house arrest, in japan. and there is this so call red notice put out for carlos ghosn by interpol. you had a red notice put out because russia trumped up charge against you after you accused putin and russia of having murdered your accountant after he uncovered mass corruption at the government level. talk about carlos ghosn and what happens to him. what can he and can he not or should he not do? >> well basically when interpol issues a red notice, when japan issues a red notice through interpol, what the that means is that any border that mr. ghosn tries to cross he will be arrested. it's effectively an international arrest warrant. you can't travel anywhere without being arrested so the first thing is that although he's escaped japan, he's now in his own mi

carlos ghosn had two french passports. was only through employment may require them to be looking for a visa in another country while they are traveling. he had that privilege. you, are me ask executives above the law and whatever country they may be in? >> justice is supposed to be equal but when you have that power and money, access to lawyers, and as we saw the ability to put something in motion, the world is a bit different. we are still finding out details. more details will come out. aram not sure we will he all of it. he has to protect his family and whatever people he interacted with. we will hear more of the story but we are still chasing to get all of the detail about how this came about. vonnie: he has been flagged through interpol. japan has asked him to issue a red notice that would make him an international fugitive. he is taking on japan. one man against the japan legal system. >> it is clear by the way he was treated that the justice system over there is not the same as it is here. there is evidence of bias

the former boss of renault—nissan, carlos ghosn, hits out at japan's judicial system in his first publicomments since hejumped bail. hello to you. the duke and duchess of sussex are to step back as senior royals and work to become financially independent. the personal statement from prince harry and meghan was a surprise announcement, apparently made without consulting any members of the british royal family, which is said to have left the family feeling hurt. the couple say they will continue fully to support the queen, but now plan to split their time between the uk and north america. north america. there is flash photography in this report from our royal correspondent nicholas witchell. canada house in london yesterday. harry and meghan had just returned from their extended break in canada. laughing it's now clear that although they'd been discussing a new role for themselves with other members of the royal family, they did not tell senior members of the family or their officials that they were about to issue a personal statement setting out their intentions. the bbc understands bucki

carlos ghosn was under house arrest in tokyo, when he escaped on 29th december.he airport in osaka he boarded a privatejet to istanbul. and from there he flew to beirut in lebanon. our world editorjohn simpson's report contains flash photography. it was chaos. everyone wanted a first glimpse of the international motor industry tycoon turned escape artist. i'm going to try, as much as possible, to answer as many questions as possible. this is the chartered jet that whisked carlos ghosn out of kansai airport in japan to istanbul. and these cctv pictures seemed to show him being shunted onto a smallerjet, which then took him onto beirut. but this, on the right, is apparently the box he was smuggled out in. he is five foot six. i did not escapejustice. ifled injustice and persecution. i was left with no other choice but to protect myself and my family. he endured, he said, 400 days of inhumane treatment, designed to break him. there is a 99% rate of conviction injapanese criminal trials. "it will get worse for you if you don'tjust confess", the prosecutor told me rep

this is the chartered jet that whisked carlos ghosn out of kansai airport in japan to istanbul. him being shunted onto a smallerjet, which then took him onto beirut. but this, on the right, is apparently the box he was smuggled out in. he is 5'6". i did not escapejustice. ifled injustice and persecution. i was left with no other choice but to protect myself and my family. he endured, he said, 400 days of inhumane treatment, designed to break him. there's a 99% rate of conviction in japanese criminal trials. "it will get worse for you if you don'tjust confess," the prosecutor told me repeatedly. he thinks it was all a conspiracy to prevent his company, nissan, being swallowed up by foreign ownership. how high up in the japanese system does that conspiracy go? does it go up, perhaps, to the very top? i don't personally think that the top level was involved, if this is your question. if you are talking about abe—san, i don't think abe—san was involved. in other words, not the japanese prime minister, mr abe. someone asked if he shouldn't have seen the trouble coming. his answer — i

carlos ghosn was under house arrest in tokyo when he escaped on 29th december.saka. it is thought he then took a taxi to the airport where he boarded a private jet to istanbul. from istanbul he flew to beirut in lebanon. our world editorjohn simpson was at a press conference given by mr ghosn in beirut. this report contains flash photography. there was utter chaos as photographers and cameramen from around the world fought to get the first images of the man who had escaped so spectacularly from japan. in fact, carlos ghosn refused to go into any detail whatever about the way he had escaped from japan's ka nsai way he had escaped from japan's kansai airport although it seems now clear he was smuggled out in a packing case made for musical equipment. in beirut, producing document after document that he maintained proved his innocence, he was his old hyperactive self. a man by feet six inches tall who had been the tightening of the international carmaking industry pundit is a hero to many lebanese journalists and they applauded him again and again. to the japanese

prosecutors in tokyo have issued an arrest warrant for the wife of former nissan chairman carlos ghosn they accuse carroll going of lying to investigators over her husband's escape from japan where he was awaiting trial on corruption charges more details about the former manager stuff like escape from japan's justice system and this next report. his thoughts this is the moment when carlos ghosn left japanese soil since his daring escape on the 29th of december the story of how he managed to get out of japan has been slowly becoming clear it's believed that he was smuggled onto a high speed train in tokyo and delivered to can sight international airport near osaka city from there he left aboard a private jet ending a journey through japan that began inside a musical equipment box. however plenty of questions about the escape remain unanswered and carlos going has hinted to news networks that he may address some of those questions very soon he said that he has actual evidence documents that will prove that this was a coup to take him down he said that he's going to need some people from

in be rude carlos ghosn face the cameras for the 1st time since his daring escape from japanese justice. today it is a very important day for me one that i have looked forward to every single day. for more than 400 days since i was a brute taken from my word as i knew it. during a press conference lasting almost 2 and a half hours going claimed to have been a victim of a conspiracy by those who are against his plans to merge nissan and renault. he pointed fingers at nissan executives tokyo prosecutors and elements within the japanese state. i can't talk about what happens in the government. i can give you names i know them but i did one on i respectfully but on. and i respect the us because it has been extended to be by your code it is indeed vital and in no way i wouldn't do anything or say anything that would make that past more difficult the press conference was followed closely in japan goans harsh words for the country's justice system elicited an immediate response i am at that did its ilk with the said he has been propagating both within japan and internationally false informatio

. >>> japan's justice minister launching a rare and forceful public take down of carlos ghosn following the more than two-hour news conference where he said there was, quote, zero chance of a fair trial in japan. the justice minister said there were few statements backed by real evidence. if he wants to prove his innocence, he should face trial in tokyo our reporter was in the room and had a chance to sit down with him. joining us now from beirut michelle, it was probably one of the most curious news conferences i've seen on business news. >> reporter: it was certainly very long. he took a lot of questions lebanese investigators met with him because of an interpolish u, red alert notice by interpole, a request for an arrest being done by japan trying to get him to go back the chances of him being extradicted by his homeland, home of his childhood is pretty much close to zero here. they just don't do that. that escape is still very, very interesting to the whole world he was under house arrest as he managed to organize it first question i asked, just how did you do it? >> i did myself, o

plus, carlos ghosn speaks out. do not miss our coverage of the former nissan ceo's press conference at 1:00 p.m. london time. this is bloomberg. ♪ nejra: this is "bloomberg surveillance." let's get the bloomberg business flash with viviana hurtado. viviana: samsung reporting profits beating estimates in the final three months of the year. operating income fell, but it was better than expected. fornd for dram chips used smartphones and servers is expected to arrives -- two rise, helping china and samsung. barclays is facing a vote on climate change. a group of shareholders filing a resolution focused on the lender's support of fossil fuel's. they are calling on barclays to state how it will phase out energy firms that do not align with paris climate goals per shareholders will vote in the annual meeting in may. last year ken griffin's citadel seeing its main hedge fund soaring over 19%. for months, its multi-strategy fund has bested rivals. these -- last year hedge funds probably gained 9%. pilots gorecommending int

at 13:00 gmt today, carlos ghosn will be holding a press conference in lebanon, where he's expected tois arrest. in december, mr ghosn skipped bail and fled to beirut to join his wife. he's accused by nissan of only reported half of his $89 million overall compensation between 2011 and 2016 to the tokyo stock exchange. anna—marie baisden is the head of autos research at fitch solutions. good morning. this story is getting more extraordinary by the day, and i would imagine everybody will be watching this press conference later from beirut. absolutely. there is speculation that he will be saying to, and who we think within this and is behind the allegations made against him. if that were the case, really, today is the first time he has been able to give serious detail about his thoughts about his arrest on what was going on within nissan. yes, and it should give some idea on the idea of the inner workings of nissan as well. we could start to see this having some repercussions on the business. they are already starting to use the new leadership, they have put in a new head for the us busi

his thoughts this is the moment when carlos ghosn left japanese soil since his daring escape on the 29th of december the story of how he managed to get out of japan has been slowly becoming clear he believes that he was smuggled onto a high speed train in tokyo and delivered to can cite international airport near osaka city from there he left aboard a private jet ending a journey through japan that began inside a musical equipment box. however plenty of questions about the escape remain unanswered and carlos ghosn has hinted to news networks that he may address some of those questions very soon. he said that he has actual evidence documents that will prove that this was a coup to take him down he said that he's going to need some people from the japanese government are behind this that they wanted to take him out because he was going to merge nissan with renault on tuesday an arrest warrant was issued for the ex automotive bosses wife carol go on an increasingly frustrated japanese government has urged lebanon to help with the investigation. goes from what we are making efforts to commun

the former nissan boss carlos ghosn has insisted that he acted alone in fleeing from japan to lebanonained in turkey for helping him escape. mr ghosn had been under house arrest in tokyo awaiting trial on charges of alleged financial misconduct. there's now an interpol arrest warrant for him. our middle east correspondent quentin somerville has more from the lebanese capital, beirut. well, the lebanese authorities responded to that interpol arrest warrant today, saying carlos ghosn may be summoned, he could be interrogated, but thejustice minister then made the point that lebanon simply doesn't extradite its citizens. so how did he pull off this caper? that's the big question everyone is asking. his home in tokyo was under 2a hours surveillance and all three passports he had were under lock and key in his lawyer's office, and there was the suggestion he could have been smuggled out of his home in a musical instrument box. tokyo, japan, has no record of him leaving and the turks have no record of his private jet landing and departing, so hence we saw the arrests of the aircrew in turke

do we know anymore about how carlos ghosn managed to get out of japan? >> we are two days into a guess carlos ghosn's new life as an international fugitive. still no confirmed theories about how he managed to pull off this amazing escape. you could not make this up, could you? it is straight out of hollywood. plenty of unsubstantiated conspiracy theories, if you like, on the internet. the most attractive one possibly from lebanese media, a tv station reporting carlos ghosn somehow managed to re- transported out of turkey in a musical instrument case that was used when a band came to his apartment in tokyo for a christmas show. you know, what kind of musical instrument could that be? double bass? heart? difficult to imagine how anybody could get into a musical case, and then he was transported out of tokyo onto a private jet. more credible reports saying that his wife was instrumental in orchestrating his escape. it's difficult to imagine how a single person under close scrutiny under house arrest in tokyo could pull this off without weeks of planning and

former nissan boss carlos ghosn headed south in his 1st public appearance since escaping from japan he accuses what he calls indicative individuals of conspiring to smear him leaving him no choice but to flee and a different kind of breaks it britain's prince harry and his wife megan announcing they will step back from boyle duties to spend more time in north america talking about how it was reportedly kept up a look. i'm called aspen thanks for joining us president donald trump says he ran appears to be standing down. in its confrontation with the united states while he himself is not threatened any further builds a reaction against iran the president was speaking at the white house after iran launched a military attack with missiles at u.s. troops based in iraq iran had claimed that at least 80 americans have been killed but trump said that no wives were lost in the attacks. a crucial and highly anticipated moment. no americans were harmed in last night's attack by the iranian regime we suffered ok. all of our soldiers are safe and orderly minimal damage was sustained and our militar

there is fallout from carlos ghosn's escape from japan.ng four pilots who took him from japan to assemble and then beirut. -- istanbul and then beirut. a new trade deal between the u.s. and japan is in effect that cuts tariffs on agricultural products and industrial goods, but failed in its goal of getting tariffs on cars and auto parts reduced. there is little signs they will pledge to meet. rebounded from its worst year you have her -- his worst year ever. does follow a value oriented investment strategy. the firstthe u.s., democratic debate lands january 14, weeks before the iowa caucus. the following day, we will hear from president trump in his state of the union, and primaries for republicans and democrats will take ways across the u.s., building up to november 3. tom: michael bloomberg is the founder of bloomberg lp and the owner of bloomberg tv and radio. we do this as we begin to look at iowa. edgerton, thena morning must read is straightforward, on iowa. really smart. it has come to resemble a reality tv show, the whole process.

they say it was an important region for carlos ghosn.t is practically an asian country. the car selling our japanese cars. then obviously you have mercedes and bmw. the europeans have practically no position in the middle east. i want to push the people who say let's go on the offensive. we will protect not only in volume but in profit. we need to change the way we do business. we need to innovate the way we do business. pushing people to partner with local dealers. they do not have their own bureaucrats knowing into the region trying to do what they do. they say we have a good dealer, let's work with him. let's give them support and give him incentive. every time we did this we had higher sales and higher profits all of this is argumentative. at the presentation made by the prosecutor is carlos ghosn has special ties with the saudi's and oman. they had this guy has a very cozy relationship. everything we did with him on we did with dubai, we did with lebanon. they are not talking about that. on --re just focusing what is interesting is

take your business beyond. >>> new details this morning on carlos ghosn's flight from japan. ce from interpol for ghosn. that story bringing some renewed scrutiny on the japanese legal system and how japanese c.e.o.s do business. joining us for more is jeff son enfeld, senior associate dean for leadership studies, also cnbc contributor jeff, this story, how do you think this plays out what does it mean for japan, what does it mean for executives who might be doing business there, what does it mean for carlos ghosn >> this is definitely the drama of the new year, of the new decade happy new year, becky. when you and joe were talking with phil lebeau this morning you were saying how comfortable to be seeming to cheer for the outlaw in fact, we have a long tradition of doing that from bonny and clyde and butch cassidy, the great escape itself joe will remember hanib hanibel lecter as carlos ghosn put it, he wasn't fleeing justice, he was fleeing injustice. there is sympathy for whatever he may have done wrong, he is not going to be able to muster a reasonable defense with the rid

go into this press conference smooth sailing, but overnight we had a statement from the team of carlos ghosnlegations made by nissan earlier in the week. ghosn describes nissan's as a perversion of the truth, a gross mischaracterization, and pointed out in nissan's internal investigation, they never sought to interview carlos ghosn. that gives an indicator of what we can be in for as the ghosn team tries to betray this story as an attempt to take him down as one of the titans of industry. the pressure is capped on the local authorities -- kept on the local authorities. on the corporate front, nissan is saying they will take all necessary legal actions. when we hear him talk today, will he give details of his escape? yousef: sorry, i did not get that. matt: do you think we will get details of his escape? yousef: i doubt we will get any details on the escape or the way he made it out. he wants to keep the focus on his experiences in japan and not expose any of his contacts which have checkered military backgrounds, and that would not serve his purpose at the moment. matt: very good point. than

still to come on tonight's prog rmer nissan boss carlos ghosn justifies that escape from japan wherehe was on trialnd for mist. australia's prime mcoister says hitry still open to tourists despite the deadly bushfires that have been parts of the country. scott morrison was speaking while on a visit to kangaroo island, a popular tourist attraction off of australia's southern coast. firefighters are getting ready for a new round of tin with temperatures expected to spike in the coming days. here is the bbc's katy watson with more. katy: the recovery effort continues on kangaroo island. already one third of the island, home to some of australia's ldst important life, has been ravaged by bushfires. the fear is the next few days to bring even more devastation. australia's prime minister livisited the community e today and called on tourist not to be put off by the bushfire devastation. prime min. morrison: australia is open. australia is still a wonderful place to come and bring your family and enjoy the holidays. katy: these fires have captured worldwide attention. prince charles took to

lebanon has sought to return carlos ghosn a week before he escaped house arrest in tokyo. rding to the financial times. they requested that ghosn be tried in the country but japanese officials did not respond. india is shooting for the moon once more. the country will probably attempt a landing this year as it seeks to restore its credentials as an ambitious space power after a previous try ast year failed. david stern has died at age 77. $5.5 ted revenue to billion in 2014. his 30 years of service make him the longest tenured commissioner of any professional sport. matt: thanks very much. laura wright there in london with your business flash. slashed the commercial rate for lenders by 50 basis point. the move effective for monday aims to help make it cheaper for companies to borrow money. meanwhile china's manufacturing p.m.i. stayed in expansion territory for the fifth straight month and over in the u.s., president trump said he will sign the first phase of a trade deal on january 15. and he is going to go to beijing to talk about the second phase. let's get back to our g

also in the programme carlos ghosn may be gone but he's certainly not forgotten as japan presses lebanon to return the fugitive ex—nissan boss. and returning to the ces, samsung is turning heads with its rotating tv, we'll be taking a look at the new invention from a different angle. and we'll be getting the inside track on the start—ups which are solving problems for the uk government, by making public companies more efficient. today we want to know... what do you think of companies making plant based alternatives to meat? well one company has made a substitute for pork which it hopes will crack the chinese market. we're asking are you moving away from meat in favour of plant based products and if so why? let us know — just use the hashtag bbcworklife. hello and welcome to worklife. thank you for being with us. in a few hours from now, the biggest tech show in the world kicks off in las vegas. 170,000 fans are expected to attend the annual consumer electronics show, which will be showcasing the latest innovations which will be showcasing lets take a look at what s on this years agenda.

coming up, carlos ghosn on the offensive. he hits out at nissan's top brass.ish a book with a french journalist, according to nhk in japan. we will get to the latest on that story. we are live in beijing next. this is bloomberg. ♪ to theelcome back "european open." it looks pretty positive for european equity markets. fairly decent gains coming through. the ftse 100, gains a little more week. relief about a lack of imminent escalation in the middle east, it would seem. let's get back to one of our other top stories. carlos ghosn went on the offensive in his first news conference since his arrest. he described his arrest as brutal and struck out at japanese prosecutors and nissan's top managers. >> i don't seek to victimize myself. i'm here to shed light on a system that violates the most basic principles of humanity. i'm here to clear my name. anna: joining us now is bloomberg's daybreak middle east editor. -- anchor. we heard about the japanese government. we have both sides facing off in this war of words. this was the press conference yesterday. we did not

thank you, the great escape last hour i spoke being ask skwlooufl with former nissan chairman carlos ghosnfrom japan what he told me and carole as well. >> -- the best gift of my life when i saw him, i couldn't believe it, that he was here on december 30th, early in the morning. that was a surprise and it was i couldn't you know it was a miracle. maria: marriage for sure. incredible story guys dagen what did you think about that what did you take away from the carlos and carole interview. dagen: you see love you see one of the reasons that this escape was planned, it was to be reunited with wife one of the issues you've explored in day one as in prison held under house arrest in japan that he was denied he even being able to communicate with her. that was clearly one of the things that spurred this escape. it is nice to see them reunited, of course. >> bothers me they would with torture him to the extent that they did just to get a confession. >> that is whole point of the system, it is not justice it is to score another hit. the fact they let his relatives come in not wife knew close to w