in china news from all the ratio. of indio indonesia or japan korea. it's probably among the great to stretch to the future of the office but without a comprehensive clean energy transformation in a shoe in africa as well as the americas of europe we will continue to see the arctic ice melt. of the greenland ice sheet. total sham extend the future off the authors will be defined in a shia and in a for a cuppa and if these parts of the world continue to pollute the planet of course they will continue to smoke the resources will become more and more available and that's just one of the reason why i have always encouraged the in a moment of the asian countries some of those in the few deep eight on the future of the earth to. because whether we like a film or the arctic is no more pro ball and perhaps any all the part of the planet because if you want to of the arctic will determine the she level of the extreme weather patterns all over the world and the fossil fuel or that it uses to in all the parts of the world will determine the future of the arctic m

circle which i stopped list six years ago i am also very much aware of the growing interest of china japan and korea frons germany in the arctic. so to go the way your ocean brushed the rush of the arctic states including i have also to come to go though or not coherent policy with respect to what i call the new war rival the arctic from asia and also from the european continent and the topic of us were surely tensions between them always come up in context of the arctics and how that would affect the situation there trust most recent national security strategy prioritizes the so-called great power grab really in pentagon is actually currently working on the arctic defense strategy what do you think this could lead to i mean no one wants war and that's where sure but is this is to nation where no one wants a war. but everyone just pumps funds into a cold weather we are in fact talking about the part of the plotted which is almost a shy showoff for almost a shall issue of when people want to bring the military model from the cold war to this part of the planet. let us start distinguishing d

certainly with the north and she wrote opening up and shortening the dishes but you can china europe america japan in arctic cooperation and so far this rodeo frankly i have not seen any shine and i'm probably worked more this china on the arctic than most of the people i have not seen any shot of any other carrier aggression motive from the chinese leadership with respect to the often so i just wonder what it could do to. the balance of powers in the region. as the ice melt navigation is becoming easier said currently make maritime traffic counts to eighty percent of the global trade in terms of volume could a chinese policy could get this region like a whole new strategic meaning well look we in europe of the things will settle show you in. the future of the global economy this. will be determined in issue whether we like a little and that is often the reason why i point out to people when they bring up china like you did. extensive optic pollution. they are building the. containers bring the us from shop at the. new europe korea formal polish it wishes call korea polar issue in two thousand and

i spoke to some people from china,japan, the us well.hina, japan, the us and all over the world. lisa, just to give us a sense of you know, how — how far the country has come on since it civil warand country has come on since it civil war and this really has the potential to do a lot of damage to the work that has been done to make it feel a place that is safe and welcoming to go. absolutely. the war ended almost exactly ten years ago and we haven't been anything even remote lee that scale is not remotely as violent since then —— remotely as violent since then —— remotely as violent since then but there has been religious tensions that never went away. last year we saw an anti— muslim riots carried out by the buddhist population and in terms of christians, they have been over the last 20 years, even in as low—level, but consistent attacks on christians. they were being stoned and throwing fireworks at them during services last sunday. this is shocking in terms of the scale and the nature — in terms of religious and ethnic violence. 0k, l

countries affected include china, japan and korea, who have subsequently been given exemptions by the— iran. oil prices spiked overnight, and us secretary of state mike pompeo said the impact would be minimal. i want to emphasise that we have tried to ensure market stability. the us has beenin ensure market stability. the us has been in constant contact with other countries to help them transition away from iranians accrued. and we have tried to ensure that sufficient volume will minimise impact on pricing. the kingdom of saudi arabia and the uae ensured us that they would ensure an appropriate supply for the markets. of course, the us is now a significant producer as well. for more now, i amjoined by my colleague and business reporter mariko oi. many questions on how rising crude prices will impact asian economies. that's right, not many of our viewers might know that asian countries still import a lot of oilfrom asian countries still import a lot of oil from iran. asian countries still import a lot of oilfrom iran. let's have a look at the customers. this is the list from 2017. of c

countries concerned a china india south korea turkey greece japan and taiwan. the us says its allies saudi arabia and the uae will boost production to avoid shortages. assistance to mike pompeii obstructions state. today i am announcing that will no longer grant any exemptions. we're going. to zero going to zero across the board. we will continue for sanctions and monitor compliance. any nation or entity interacting with iran should use its intelligence and err on the side of caution. the risks are simply not going to be worth the benefits. sector s state my coupon pale fr the problem is our white house correspondent. it's part of what the white house calls it to its maximum economic pressure campaign on iran this was just one of the steps -- that was still -- in the tool kits -- for the trump administration and that's why this decision was made -- by us president donald trump here at the white house now these -- sanctions waivers -- they wouldn't be over until the beginning of may the second of may exactly that is in theory when those countries who will still

is making sure russia stays on the scene, despite the fact it is unable to carry the cloud that china, japan the united states have in the region, it does have the border with china and north korea, and it wants to be considered. from the point of view from north korea, it is useful to have a reminder to the united states that it does have other allies, potential friends, in the region who it can turn to who might be interested in trading with it, who might be interested in investing with it. although, quite clearly at this stage, russia does not have a partrticular interest inin inveg in north korea, which it regards as a dubious project for the future as things stand, but certainly for the north koreans, it is a reminder to the outside world there are other potentially interested partners. >> we will keep a close eye to see whether this summit yields anything. thank you for that. diplomacy, which we have been speaking about, to punitive measures. moreresident elect emerged international sanctions against russiaia after moscow made it easier for people living in the eastern ukraine territor

i think china, japan, the u.s., a lot of countries will be helping. i think russia will help. i think a lot of countries will help when the right deal is made and when the nuclear weapons are gone. i just think that north korea has potential as great as i have ever seen. they have an unbelievable location, surrounded by sea on two sides. and on the other side, russia, china, and over here, south korea. they have magnificent land. it has tremendous potential. reporter: [speaking korean] translator: if north korea actually submits a roadmap, will the two presidents discuss the issue at the summit today? pres. trump: that is a very prime topic for our meeting today. we hope that is going to happen. reporter: is your position still that sanctions should stay in place on north korea until there is denuclearization? or are you willing to consider easing sanctions to keep the top -- the talks going? pres. trump: no, we want sanctions to remain in place. i have the option to increase them. i did not want to do that because of my relationship with kim jong-un. i did not think it was ne

it would be unacceptable to north korea's neighbors including russia, china, japan and south korea. but also to suggest it's moving the goal posts is in defiance of the factual history of north korea's weapons of mass destruction programs. if you read the u.n. security council resolutions they're as pointed on the issue of biological weapons as they are on nuclear weapons. and it's the set the antecedent for the lifting of those sanctions. those sanctions which are international sanctions imposed unanimously by the u.n. security council would also look to the elimination of biological and chemical weapons programs as part of the process that we're undertaking. so this issue is one that we've discussed with the north koreans. it is not new. and it would be -- it would be a very serious oversight on our part to leave any weapons of mass destruction out of the equation if we truly are going to be successful in transforming the korean peninsula in order to have a much more peaceful and engaged relationship not only between the united states and north korea but between north korea and al

been made or made possible for some countries to purchase oil from iran will no longer be issued china japan and turkey are amongst the countries affected with the announcement today we made clear our seriousness of purpose. we are going to zero we how long we remain there at zero depends solely on the islamic republic of iran senior leaders we've made our demands very clear to the ayatollah and his cronies and your pursuit of nuclear weapons stop testing and political list of missiles stop sponsoring and committing terrorism halt the arbitrary detention of us citizens our pressure is aimed at fulfilling these demands and others and i will continue to accelerate until iran is willing to address them at the negotiating table. well we're covering all the angles of the story natasha going to istanbul. but first let's go to mike hanna in washington d.c. like the secretary of state very clear of the consequences to those that you might say break the rules or decide the u.s. if they do buy irradiance oil but of course some of those waivers belonged to some of america's closest allies. but indeed y

countries like china, japan and south korea will be sanctioned if they continue to buy oil from iran after may 2nd. the news has led crude oil prices to spike 3% overnight which could mean higher gas prices here at home. >>> a ukrainian comedian looks to be on his way to become the nation's new president. exit polls shows volodymyr zelensky winning more than 70% of the vote. the president trump has offered his congratulations. the new president promises to fight russian aggression. >>> 13 students and two chaperones were rushed to the hospital after a flight in boston. a school group got food poisoning after a final meal in ecuador. they became ill from miami to boston. everyone has been released from the hospital. no other passengers or crew members on the flight were sick. >>> as boeing looks at software issues in the two deadly 737 max crashes, questions are now being raised about another one of its jets. "the new york times" is detailgn dreamliner in north carolina. they're investigating whether profited affected safety, including workers pressured to hide violations. a boeing st

to go after countries like japan and china? certainly not. e to remain in a multilateral trading system which it has aborted for many years. in recent yea rs, has aborted for many years. in recent years, since president trump was president, it had a more combative trade as we saw with china —— supported for many years. we have seen —— supported for many years. we have seen it with the eu and with japan as well. do you need one right now? i could certainly use one. coffee is one of the world's most popular drinks and the world's most popular drinks and the market is rapidly growing thanks to the rising number of middle—class consumers. dubai is one place that wa nts to consumers. dubai is one place that wants to cash in on our caffeine addiction, repeating a trick it is already performing with tea. the arab world's love affair with coffee dates back 600 years. the first cup of coffee is thought to have been drunk in yemen where suffi mystics roasted beans bought in ethiopia. now dubai hopes to bring coffee back to arabian roots. we already cons

any countries which continue to buy oil from tehran next month will face sanctions it means china india japan south korea taiwan turkey italy and greece no longer exempt they've been given a six month reprieve from the sanctions which washington imposed last year after president trunk withdrew from a twenty fifteen iran nuclear deal it could raise tensions between the u.s. and china which have already engaged in a trade standoff beijing says it will keep buying iranian oil despite the threat of sanctions we're not seeing the moves actually state my pompei you said it's now up to iran to ensure the sanctions are lifted with the announcement today we've made clear our seriousness of purpose we are going to zero we have long we remain there at sea of depends soley on the islamic republic of iran senior leaders we've made our demands very clear to the ayatollah and his cronies and your pursuit of nuclear weapons stop testing in political ballistic missiles stop sponsoring and committing terrorism halt the arbitrary detention of us citizens our pressure is aimed at fulfilling these demands and oth

now ironic sport slightly more than a million barrels a day with the majority going to china india south korea japan and turkey and some of those customers especially china and turkey are not happy more on the global impact in a moment after this report from roslyn jordan in washington. the u.s. says its efforts to impose a worldwide embargo on iranian oil is already working in the last eleven months the trumpet ministration says iran has lost about ten billion dollars in oil revenue all this as washington to punish the han for what it calls the government's quote aligned ways the trumpet ministration and our allies are determined to sustain and expand the maximum economic pressure campaign against iran to end the regimes destabilizing activity threatening the united states our partners and allies and security in the middle east these demands are not just coming from the united states government and many of our allies and partners they are similar to what we hear from the iranian people themselves the u.s. imposed oil sanctions on iran in may two thousand and eighteen after it withdrew from what pre

countries to purchase or from iran also avoiding sanctions won't be renewed when they expire next month china japan and turkey are among the countries affected. with the announcement today we've made clear our seriousness of purpose we are going to zero we how long we remain there at zero depends soley on the islamic republic of iran senior leaders we've made our demands very clear to the ayatollah and his cronies and your pursuit of nuclear weapons stop testing and political ballistic missiles stop sponsoring and committing terrorism halt the arbitrary detention of us citizens our pressure is aimed at fulfilling these demands and others and i will continue to accelerate until iran is willing to address them at the negotiating table more now from our correspondent zain verjee is in the iranian capital tehran . in anticipation of pompei was announcement all day we've heard a statement from the oil ministry earlier today and unnamed source in the oil ministry said that the united states has been unable to reduce iran's oil exports to zero and will be unable to down the line well into the future defin

well china and japan of course are the big obvious players in the race for five g. singapore is pressing on with its own developments in fact we just had our first altman to reality five g. phone call with australia end to end and this is of course on top of the numerous projects testing projects that are being run at the moment and over in thailand tell cause of bending to gether to run collaborative test bits and they are doing so by going against the grain using the much talked about while we take to support them. the us is pressing its allies to not use war way infrastructure in their five g. networks. asian governments handling this is it hurting world ways business in asia well in the case of south korea the head of s.k. telecom popped in horses they don't they don't seem to be worried about any security concerns that being said it is worth noting that the three telcos in south three of the telcos in south korea including s.k. telecom they are not using the while we gear only one small a plea is now here in singapore there doesn't seem to be a high level of al

china are ever closer to a deal. he also warns about currency manipulation in japan. shery: let's get you started with a quick check of the markets close. investors were broadly optimistic over the global economic outlook after some positive data out of china. we saw the s&p 500 gain ground for a straight -- third straight week. financials leading the gains with some solid earnings out of jp morgan. the health care sector it was the only sector that was in the red with insurers falling for a second consecutive session as we had congress debating drug prices. u.s. futures holding steady at the moment. let's see how we are setting up for asia. sophie: asian futures posing modest gains. adding a third of a percent this monday. at the start of a week which marks the start of u.s. japan trade talks. economic data will be closely watched for signs of stabilization. today we look at numbers from india as the r.b.i. governor warns the economy has to deal faster with poverty and other challenges. asian trade numbers are also out today ahead of presidential elections thursday. i

we are putting more investment in china and japan to capitalize on significant growth for ourselves. e of the laws their restrictive in any way and one of the challenges of working within those? think in china, first and foremost, we have to support our customers out there. aat we are doing is adopting strong partnership strategy in china, making sure we got a good partner on the ground who will be able to help us navigate all of the requirements for privacy data and security in china. that's what we have done with our partnership with mines fear and alibaba.here paul: what are you working on? internet of things, cybersecurity? what is your main focus? sanjay: first of all, we think the biggest challenge for companies today is to have so much data sitting in disparate locations, and they are adding even more new data with iot. there is no value in the data unless we can free it up and bring it together to be able to apply intelligence and analytics. our objective is to help our customers integrate, reimagine integration across applications, clouds. -- clouds, iot devices, and data. th

and the north koreans are also involved in outreach with their neighbors with china, with japan and south korean. they are working very closely also to try to lower possibilities on the korean peninsula and to create an opening for the full vision the president trump laid out in singapore to come to fruition. i have traveled recently to north korea to a demilitarized zone. they had measures negotiated between chairman kim and president moon jae-in of south greeley last year in consultation with the united nations command and the u.s. forces in korea. they have done or taken a number of steps around the demilitarized zone in order to lower tensions . the elimination of all weapons, has been implemented and the joint security area around the village . it is a remarkable thing. for those of you in korea or have the opportunity to visit dmz i would strongly recommend. some of the details are being worked out in the final arrangements in the dmz, i have heard more recently that it is not so easy to travel there until all remaining issues are implement it around this set of agreements but i was

now ironic sport slightly more than a million barrels a day with the majority going to china india south korea japan and turkey and some of those customers especially china and turkey not happy more on the global impact in a moment after this report from roslyn jordan in washington. the u.s. says its efforts to impose a worldwide embargo on iranian oil is already working in the last eleven months the trumpet ministration says iran has lost about ten billion dollars in oil revenue all this says washington to punish the han for what it calls the government's quote aligned ways the trumpet ministration and our allies are determined to sustain and expand the maximum economic pressure campaign against iran to end the regimes destabilizing activity threatening the united states our partners and allies and security in the middle east these demands are not just coming from the united states government and many of our allies and partners they are similar to what we hear from the iranian people themselves the u.s. imposed oil sanctions on iran in may two thousand and eighteen after it withdrew from what presi

the idea of tpp was it was kind of an odd collection of countri countries, had japan in, china not in, korea not in, india not in, so the big idea was let's get the folks that are willing and able to agree, a non-trivial group of countries because they include japan, that would agree on some principles of a trade agreement standards, and that that would provide an important incentive for the others in the region to join and if they did join, there would be the starting point for negotiations was -- would be well, we already have an agreement. you want to fit into that agreement. that always strikes me as even though this was not ideal and the selection of countries, it left out korea, et cetera, was way short of what you would have wanted, but is it better than nothing, we'll find out. my own personal view is that it's much harder to negotiate these things on a bilateral basis because if there's agreement, it means if i make a compromise, i'm giving up to you and you're giving up to me, it's very exposed politically, so it means i can say well, look at the wonderful things i won and t

at the end of the day, china and japan are shut.f global markets closed for the may 1 holiday. there is still a lot of going on that trade is up. you also have the trade talks. probably looking at a fairly lackluster session for asia today. selina: there are signs that china stocks surge might be coming to an end. what is your take on that? andreea: that is right. investors are running out of reasons to keep being bullish on chinese stocks. this is a market whose value has gone up by $2.5 trillion this year. big markets everywhere else around the world. we have a chart that shows that is actually running out of steam. chinese stocks suffered their worst week compared to the rest of the world. since 2016. among the reasons, uninspiring earnings seasons and that there will be less aggressive stimulus policy. after some encouraging numbers. analysts are also concerned that the shanghai composite index has failed to hold above some key support levels. those things are flashing warning signs that there are headwinds ahead for chinese sto

says supplies are plentiful and so the five countries still importing iranian crude china india turkey japan and south korea no longer have a reason to keep buying from terre han to conduct these transactions one almost always nice to participate in the financial markets and we intend to enforce the sanctions we don't lay out sanctions that we don't have any intention of encouraging countries to cooperate with analysts say it's important to look at the impact sanctions could have on ties between the u.s. and other countries for example how sanctions could derail current chinese american trade talks but analysts say it's just as important to consider why the white house considers saudi arabia in the. arab emirates and not other oil producing nations key to making the iranian particle work i think that actually feeds into this narrative of this very close relationship that the president trump has with the saudi royal family and of course the united states is again this is the president who who looks at issues from a transactional standpoint state department officials won't say just how soon af

comes at a very unpleasant time not only for those countries directly affected countries like china india japan and italy turkey south korea all major trading partners in the world and higher oil prices are very unwelcome and you can see it also in individual shares like here in germany for example of tons a big part of operational costs jet fuel likely to go up of oil prices go up now what do you i mean does washington stance on iran tell us anything about its trade strategy with the rest of the world. i think it's very revealing because it says that they're not going back one iota on their campaign promises and what they have been announcing how tough they are going to be with trading partners if you want to use the partner in a context like this and it goes beyond the oil issue goes to speak also to the trade deals that are still looming on the back burner it seems but i think people will have to brace for a tougher words also on trade with china china is going to go against the or and probably iran oil sanctions and it doesn't auger well for a peaceful trade resolution to any box and frank

in asia east asia anasazi to india china japan and another country did do they are very.independent so european countries are talking about. partnership for what i think for european countries maybe the idea is to create a new venue a community against a possible return. correlation between russia and the china maybe this is going to going to stretch to a partnership to india to move to reform the country or more direction of. me so i have definite. expectation of brass or of of a friend to wars. since to be true to quick don't forget india has began the economy the reform twenty years later than china about ninety at the beginning of the ninety's that means there is a lot of a bureaucratic. to be removed and there is the water with while the implication while the implementation has gone very very slow so. i do believe you can petition of european countries a totally post-modern country towards india and china the correct arise there by. turned. of patients you know we need more time when you more time in european given for china and also for india so there is a gap betwe

japan sympathetic to the us position on all this? and it seems the line from the tron camp is always the same. the trump administration playing hardball on trade, doing it with the eu, chinahe japan response to that, we had a trade deal, a trade negotiation going on with the united states, cold the transpacific partnership, —— the trans pacific partnership. and in 2016 president trump came to power and he pulled out of the tpp. since then, the tpp has gone ahead with other countries around asia pacific, in addition japan has signed a very large scale free—trade agreement with the european union and because of that, america is now feeling that it is disadvantaged and so it wants the same concessions that other countries have got. well, japan says it can have concessions, but only if it can have concessions, but only if it gives concessions to japanese products going into the united states. it will be a difficult negotiation. not surprised to hear that. rupert, in tokyo, thank you. we will keep an eye on the talks. these are markets in asia, thoroughly mixed at the start of a brand—new week. steven miniature in, the treasury secretary implying that talks between the us and

to india china japan another country do they are very you know.independent so european countries are talking about structure partnership for what i think for european countries maybe the idea is to create a new venue a community against the possible return. correlation between russia and china maybe this is going to go into the structure of partnership to india to move to reform the country move in direction of. me so i have to feel any. expectation of brass or of of. friends wars. seems to be true too quick. don't forget india has. the reform twenty years later in china about ninety at the beginning of ninety that means there is a lot of a bureaucratic. almost. to be removed and there is the water wheel while the implication while the implementation has gone very very slow so you know really i do believe you can petition of european country as a totally post-modern country towards india and china correct to rise there by. the attendance of most of the patients you know we need more time we need more time in european given for china and also for i

pretty clear that we have entered into a global synchronised slowdown across many countries, from china to japanropean union and it's coming to the us. if the tariffs continue, and the trade negotiations don't go into the right direction, which leads to further tariffs, that could mean further outlook. the intellectual property, structural reform, but over and over again, we can't seem to fight any resolution. what are they talking about? i would say the trade negotiations has been fairly slow. they have put a more realistic timeline to june of this year to complete the progress. but who is delaying this? the trade war is about trade concessions on technology transfer, intellectual property and structural reforms. chinese negotiators have reasons to drag it on in order to buy time to resolve their own domestic economic slowdown problems first, in order to haveit slowdown problems first, in order to have it to bargaining power on the negotiating table. a lot of frustration there. that was margaret yang, a market strategist. the world's two biggest economies hold another round of talks but it's un

asia, japan, china, south korea, were open.all green arrows to show you on this friday. everything will be back open on monday. lauren: the trump administration is claiming victory following the release of the mueller report. but democrats are now calling on the special counsel to testify. cheryl: we've got asia hasney with details. >> reporter: it's a brand-new day, brand-new battle for democrats, courtesy of the mueller report. >> the attorney general did a grave disservice to the country by misrepresenting significant parts of the mueller report. >> i have formally requested that the special counsel mueller testify before the house judiciary commit. >committee.>> he is seeking to d trump. he just resign. >> reporter: first up, calls for special counsel robert mueller to testify before congress. congressman jerry nadler has unanswered questions about the report and he wants to see mueller no later than may 23r may 23rd. then there's a call for a.g. barr to resign. eric slawell claimed that president trump hired barr to bury t

the story is still quite valuable in so the current book i went to china, japan, the middle east. so, for those chapters ukraine and some of the other countries i write about. >> the russian government decided they wanted to win by foreign experts on russia to visit and they would show them different parts and a basic neet with the president and ceo of officials. this is still going on. i went to my 12th meeting and what's interesting about this and the beginning it was a rather small group and we met with president putin and had dinner or lunch with him. we traveled somewhere else and at that point, the conversations were in a way more open in the sense that the small group of people obviously he gives you the answers he likes to give you but you can observe and see what's happening. now when they have the conference it is much more staged president putin said from the stage usually with other leaders but it's much more stage-managed, which is a shame that you still get the messages on the leadership they want you to hear and i think that is useful to see how they are communicati

the state department issued 180 day waivers last november to china, india, japan, south korea, taiwanurkey, italy, and greece. the idea was to give them time to find alternative oil sources. u.s. officials now say the goal of the new policy is to drive up the cost of iran's maligned behavior and address the regime's threats. >>> the defense department identifying two u.s. service members killed. 22-year-old army specialist ryan riley of richmond, kentucky, died saturday in iraq. the defense department statement says he was supporting the efforts against al qaeda in operation inherent resolve. they did not disclose further details about the incident which is under investigation. the department also announcing 24-year-old staff sergeant albert miller of richmond, new hampshire, died friday in qatar. the death is also under investigation. >>> ahead, the oakland a's center fielder taking a home run away with a spectacular grab, but that's not what makes one of the most amazing plays you'll ever see coming up. ial we see two travelers at a comfort inn with a glow around them, so people wat

countries like china india and south korea japan and other countries are buying. journalist organizations have condemned french police have to reporters were detained on saturday during the twenty third consecutive weekend of your live s. protest. devinsky takes a closer look. well the two independent journalists were among the more than two hundred individuals who were detained by police arrested in act twenty three the names are gassed by the glance and also lexis kurland we know that the paris prosecutor has said that they were arrested for participation in a group to commit violence or degradation now the interior ministry has been talking about the arrests of these journalists they said that the police c.r.s. these officers are out every week they're out to try and make sure that there is safety for the demonstrators and the journalist carry out these protests and also to cover these protests that have been happening there since november every week since november here in france but that statement from the interior ministry then goes on to say that if journali

the other asian superpower, read not china, japan, is making the rounds in washington at this hour. ago, japan's economic minister arrived in d.c. for a meeting with u.s. trade representative robert lighthizer. he drove up in what else, a made-in-japan lexus. japan is currently our fourth largest goods trading partner with $218 billion in total trade in 2018. top imports for us, vehicles, nuclear reactors and electric machinery. joining us to discuss it all in a fox business exclusive, for the sort of tax and implication when you talk about the actual retail industry, is the c.o.o. of retail industry leaders association, brian dobbs. you have all the big retailers under your umbrella. our viewers own the stocks in this so tell you whaus what doe relationship mean? how important is it between the u.s. and japan? >> fundamentally, we are free traders so the more we can do to reduce barriers to trade around the world, irrespective of the country, the better off we are as an industry and ultimately for consumers as well. i think a lot of the focus on japan is -- presupposes there's a re

says supplies are plentiful and so the five countries still importing iranian crude china india turkey japan and south korea no longer have a reason to keep buying from terre han. to conduct these transactions one almost always nice to participate in the financial markets and we intend to enforce the sanctions we don't lay out sanctions that we don't have any intention of encouraging countries to cooperate with analysts say it's important to look at the impact the sanctions could have to untie speech when the u.s. and other countries for example how sanctions could derail current chinese american trade talks but analysts say it's just as important to consider why the white house considers saudi arabia in the united arab emirates and not other oil producing nations key to making the iranian parco work i think that actually feeds into this narrative of this very close relationship that the president trump hassle with the saudi royal family and of course the united states again this is a president who looks at issues from a transactional standpoint state department officials won't say just how

interested in an alliance with the united states in some form as a source to hedge against an and china. -- japan and china. the bilateral alliance is in need of update for its structure to meet the new geopolitical environment, otherwise, it risks destabilizing the peninsula. modernization would maintain its relevant value and would be appreciated, and would help to strengthen its position in the region. today, the main purpose of an alliance is deterrence of china, so it doesn't make sense to put this alliance at risk. as for united states troops in the south, north korea made it clear in the past, it is ready to accept their long-term presence. the position of north korea will hardly change as they also consider the united states presence as a geopolitical hedge against chinese and russian influence. modernization of the alliance would lay the groundwork for new security mechanisms in northeast asia. it is not about the special advisor to south korean president, told during the last meeting that north korea can ultimately become a military ally of the u.s. north korea made it clear there are n

now, the move is expected to hit iran's asian customers in search, including china, india, japan, and south korea brent also very close to that $75 a barrel level also about .1% seeing a bit of a move then in the energy complex that is having an impact on oil stocks let's switch over and look at some of the key stocks in europe that are reacting. as you can see, almost all of the stocks are 2% higher shell in the u.k. is up about 2% france up 1.9% all of them seeing ae lift on back of the movement in oil prices mike pompeo said there will be no exceptions. >> going to zero across the board. we will continue to enforce sanctions and monitor compliance any nation or entity interacting with iran should do its diligence and err on the side of caution. the risks are simply not going to be worth the benefits we have used the highest possible care in our decision to insure market be stability the united states has been in constant discussion with allies and partners to help them transition away from iranian crude to other alternatives. i think one of the big take-aways is it doesn't that the

with china, the halting discussion with japan and with south korea. the south koreans and north koreans are working very closely also to try to lower hostilities on the korean peninsula and create an opening for the full vision president trump laid out in singapore to come to fruition. i have traveled recently to the demilitarized zone. it was measures negotiated between chairman kim late last year in consultation with united nations command and u.s. forces korea. they have tape a number of steps around the zone to lower tensions. the elimination of all weapons has been implemented in the joint security area around the village. it's a remarkable thing. for those of you who are in korea or have the opportunity to visit the dmz, i would strongly kme commend it. i think some of the details are being worked out, final arrangements in the dmz. i heard from someone recently it's not so easy to travel there until all the remaining issues are implemented around the set of agreements. i was able to visit. palpable difference from anything i've seen since i fir