afghanistan both uneasy neighbors ever since pakistan's independence in one thousand forty seven that's what chinese foreign minister one year had to say on tuesday. china and pakistan are willing to look at including afghanistan other bases of of when when neutrally beneficial principles discussing appropriate means to extend china pakistan economic corridor sure afghanistan shall have a hiding. and this corridor will become part of what is known as the new silk road it takes its name from an ancient trade route one thousand years ago long caravans of camels brought porcelain spices and precious silk all the way from china to europe today the chinese government is investing hundreds of billions of u.s. dollars to revive this road by building ports and bridges and roads both in china and abroad this week we want to take you on a journey along the new silk road and take a closer look at the most important stations and today we stop in tbilisi the capital of georgia is the only country in the southern caucuses with access to the black sea cutting shipping time to europe significantly and this is why the next ten years the chinese government will sink two

china and pakistan are considering extending their fifty seven billion dollars economic corridor all to afghanistan a part of an ambitious belton road plan linking china with asia europe and beyond china's trying to position itself as a helpful party to promote talks between pakistan and afghanistan tensions between the neighbors have been high since pakistan's independence seventy years ago let's hear what chinese foreign minister huang he had to say about the move to. china and pakistan are willing to look at including afghanistan other bases of when neutrally beneficial principles discussing appropriate means to extend china pakistan economic corridor sure afghanistan. now that corridor will become part of what's being called the new silk road a global chinese infrastructure project it takes its name from an ancient trade route beijing is investing hundreds of billions of dollars to revive the route by building key trade infrastructure this week we want to take you want to journey along the new silk road and take a closer look at the most important stations today we stopped in tbil

china and pakistan will look at extending their fifty seven billion dollars economic corridor or to afghanistan part of china's bases belton road plan linking china with asia europe and beyond china has tries to position itself as a helpful party to promote talks between pakistan other scholars done both uneasy neighbors ever since pakistan's independence in one thousand nine hundred forty seven. let's listen in to what chinese foreign minister one he had to say on tuesday. to. china and pakistan are willing to look at including afghanistan other bases of the would win militarily beneficial principles discussing appropriate means to extend china pakistan economic corridor sure afghanistan. and this corridor will eventually become part of what is known as the new silk road it takes its name from an action to trade route one thousand years ago long caravans of camels brought for sale and spices and precious silk all the way from china to europe and today the chinese government is investing hundreds of billions of u.s. dollars to revive this route by building ports and bridges and roads both in ch

china and pakistan are considering extending their fifty seven billion dollar economic corridor all to afghanistan part of an ambitious belton road plan thanking china with asia europe and beyond china is trying to position itself as a helpful party to promote talks between pakistan and afghanistan both uneasy neighbors ever since pakistan's independence in one hundred forty seven here's what chinese foreign minister wangi had to say to. china and pakistan are willing to look at including afghanistan other bases of when mutually beneficial principals discussing appropriate means to extend the china pakistan economic corridor to afghanistan. and this corridor will become part of what's being called the new silk road it takes its name from an ancient trade route nowadays the chinese government is investing hundreds of billions of dollars to revive this route by building key infrastructure this week we want to take you on a journey along the new silk road and take a closer look at the most important stations and today we stop at tbilisi the capital of georgia it is the only country in the

afghanistan both uneasy neighbors since pakistan's independence in one nine hundred forty seven let's hear what chinese foreign minister wangi had to say on tuesday. china and pakistan are willing to look at including afghanistan other bases of the would win militarily beneficial principles discussing appropriate means to extend the china pakistan economic corridor to afghanistan. india is on the rise mostly due to the global digital revolution the south asian powerhouses set to overtake the united kingdom and france to become the world's fifth largest economy next year as according to a report by the london based center for economics and business research currently ranked seventh india could further grow to the number three spot by twenty thirty two surpassing germany and japan the top spot will then be held by china followed by the united states. at christmas may be done dusted but retailers are still keeping busy just take britain where bargain hunters a lined up in front of shops for the country's traditional boxing day sales this year though the day could disappoint as thirty seven percent of shoppers chose to bargain on black friday instead to sur

i'm daniel winter and this is a business update china pakistan are considering extending their fifty seven billion dollar economic corridor all to afghanistan part of an ambitious belton road plan linking china with asia europe and beyond china is trying to position itself as a helpful party to promote talks between pakistan and afghanistan both uneasy neighbors of a sense pakistan's independence in one nine hundred forty seven and discolored all will become part of what's being called the new silk road it takes its name from an ancient trade route nowadays the chinese government is investing hundreds of billions of dollars to revive this route by building key trade infrastructure this week we want to take you on a journey along the new silk road and take a closer look at the most important stations and today we stop in tbilisi the capital of georgia it is the only country in the southern caucasus with access to the black sea cutting shipping time to europe significantly and this is why in the next ten years the chinese government will sink two and a half billion dollars to build a ne

. >> pakistan and china are considering extending their 57 dino economic corridor. china is trying to position itself as a helpful party to promote talks between pakistan and afghanistan, both on his since pakistan's independence in 1947. let's hear what wang ye had to say. question and pakistan are willing to look at putting afghanistan on the basis of a win-win, usually beneficial principle discussing appropriate means to extend the china, pakistan economic corridor. >> india is on the rise mostly due to the global digital revolution, the south asian powerhouse is set to overtake the united kingdom and france to become the fifth largest economy exterior. that is according to a report for the london-based center for economic business and research, currently ranked seventh, and if the growth of the number three spot by 2032. press in germany and japan. the top spot will then be held by china followed by the united states. now christmas may be done and dusted by retailers are still keeping busy, just tapered and where bargain hunters are lined up in front of shops fo

the countries that are affected range from all over the world including britain, and china, pakistan, sudan and columbia. genie: china is calling the european union thoughtless over a report published on its economy. the report said the chinese sex and controls price.order to -- lower china has called the eu hypocritical and unfair. take a listen. report in question published by the eu makes irresponsible remarks about china's economic development, fabricates excuses and develops unjust restrictive measures towards china. it even doesn't mention its own actions that violate rules. our top story has been the vote in catalunya. how important is the region's economy to spain as a whole? quite important. it's the most prosperous regional economy out of all 17 regions in spain and two months of political crisis of already taken a toll on catalonia's economy. many businesses and banks have relocated outside of the region for fear of uncertainty. catalonia brings in 20% of spain's entire gdp. that's more than california brings in for the entire united states. region accounts for 26% of spain

beijing is looking to expand its fifty seven billion dollar china pakistan economic cotto to afghanistan is that the chinese foreign minister had to say after the meeting. pakistan and afghanistan agreed to improve their relations as soon as possible to achieve the goal of harmonious coexistence between the two nations they express a point that they will not allow any party or force to use the territories to engage in activities that would undermine the security of the other side and of course this meeting highlights china's growing influence in the region as we mentioned earlier it sees afghanistan as a crucial part of its ambitious new silk road plan linking asia europe and beyond but the threat posed by armed groups including eisel and the taliban remain a challenge of gunnison often accuses pakistan of providing a safe haven to the taliban which it says is trying to overthrow its government and china's role in this region is likely to raise concerns in washington the trumpet ministration recently announced it wants india to get involved something that's strongly opposed b

the foreign ministers of china, pakistan and afghanistan are asking taliban militants to join in peace. the taliban has so far refused to speak to the afghan government but leaders have traveled several times to other places for talks. some of the other stories beyond our borders tonight. we will be right back. ♪ >> north korea has done everything wrong as an actor on the global stage that a country can do in president trump has used about every lever you can use short of starting the north korean people to adapt or change their behavior. we don't have a lot of room left to apply pressure. >> needs to be followed up with diplomacy. china and the united states working with the same strategy with north korea. to find a way we can ease the tension and get north korea to change directions. >> on that note, let's bring in the panel. tom rogan, the "washington examiner." a.b. stoddard, real clear politics. host of "no labels radio" on sirius xm. michael needham, chief executive officer at heritage action for america. welcome. hope you had a very merry christmas. thoughts on where we are with

worried about some tensions with china having some projects around it it's it's got a threat of encircling india and a threat to its economy as well so as a result of that pakistan is worried about political and territorial tension between india and china it will be caught in between we're talking about sixty billion dollars worth of infrastructure projects just within pakistan alone of course in europe some countries in western europe. are giving look one response. especially with the real project their report saying that people aren't happy with how. the rio is going to extend the shipping freight. freight charges is up by up to fifty percent as well as duration compared to just regular classics. sea fleet well the projects in pakistan and the pole that have been cancelled are being put on hold is that going to disrupt china's plans. it does sound like these three places alkie places and it does sound like it will disrupt any plans of that china has for it to reach to have the silk route reach europe but it seems that it has found an alternative in greece greece has also it perry is a pure race as an entry point to europe for china. given the problems that it'

china. the pakistan cricket board is seeking $70 million in compensation from its indian counterpart for notto play test matches. the two countries have not played on a bilateral basis since the mumbai attacks nine years ago, which india and the us blame on militants based in pakistan. a chinese commuter who was fed up with delays in his commute took matters into his own hands and painted new road signs. he told the police that the straight ahead lane was packed, while the left—turn lane has a lot of space, and so he decided to change signs. whatever his intentions, though, his creativity has come at a price. he was fined $150. pope francis, who is visiting bangladesh, has urged the international community to take decisive measures to address the myanmar refugee crisis, although the pontiff again avoided using the word rohingya, as he also did during his visit to myanmar. he did, however, refer to the hundreds and thousands of refugees who have fled myanmar‘s rakhine state to seek refuge in bangladesh. yogita limaye reports from dhaka. he is the third pope to visit bangladesh, and the first

second highest mountain in the world it's part of the karakoram mountain range on the border of china and pakistan charla bellus reports . a team of poland's best climbers is in pakistan reid's take on k two in winter it's one of the last great feats a lift and mountain airing. all i've been under supervision of. a doctor so we may. take. what we can improve k two is the second highest mountain in the world but it beats mount everest in danger and difficulty only three hundred six people have reached its peak compared to four thousand on mt everest it's in and torrie a sphere hurricane strength winds its steep slopes and i see a st for every four people that summit k two one dies. the team has been preparing for two years and will spend up to three months on the mountain prepping the route before making near a saint they will lay out ropes and store supplies of food and fuel then wait for a break in the with or quite like a very big because. we have to pray for. the lidsky was the first to climb mt everest during winter nearly forty years ago he's one of five people to have climbed all of the worl

other countries will be returning like tell us products the recall includes brits and moral pakistan and china among others but that may do little to quell the fears of parents. thanks for watching. migration to sign him seekers remain hot topics in europe but european politicians trying to provide counsel so fans who fled wait might come to europe and a refugee crisis incites clips of them to cut the cost of a suite on d w. w e speak your language doesn't up. for content in dari pashto. prospects for returning to our web special. journeys like germany and the prospects for those returning home. join the discussion on t w dot com and on facebook. prospects for returning. d.-w. maybe for mines. stories that the world over information they provide the plans they want to express t.w. on facebook and twitter up to date and in touch follow us. cause we've got to keep but it. is honest is it. by default i get to the a little sort of little energy house of a subaru to see. a lot if it's on its side the fittest post. will be easy.

in other countries will be returning like tallis products the recall includes britain moral pakistan and china among others but that may do little to quell the fears of parents. thanks for watching see you tomorrow. the fast pace of life in the digital shift has the lowdown on the web showing new developments and providing useful information the wittiest finds and interviews with makers and users. shifts next d.w. . official estimates more than one point two. legally and illegally. returned to. visit friends i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure. bearing witness global news that matters. unimpeded access to education and knowledge and the same opportunities for everyone is a central goal of the global community but what's the reality on the ground education for the w.'s multimedia special remakes personal stories and highlights extraordinary projects the world over to find out more on the internet g.w. dot com education for all. show.

other countries will be returning like tell us products the recall includes brits and moral pakistan and china among others but that may do little to quell the fears of parents. thanks for watching c of march. losing your homeland. because of persecution and sin city starting from scratch in an unfamiliar country. how's that supposed to work. five lives finally people who found a new home in a foreign land. with their stories books and music they've built bridges to the past. and the future. scape starting december seventeenth a w. to learn german with d w. any time any place. whether with jo-jo and her friends. colleagues discuss it in the films like a misprint since there are six other goals a war with friends all over the world. online and interactive. german to go. learn german for free with d w. crime fighters the new season of radio crime thrillers begins. in the old.

other countries will be returning like tellus products the recall includes brits and moral pakistan and china among others but that may do little to quell the fears of parents. thanks for watching see you tomorrow. every journey begins with the first step and every language but the first word published in the book. nico is in germany to learn german why not learn to spell simple online on your mobile and free two sets of d w z e learning course nikos fake german made easy meat the germans new and surprising aspects of life into culture in germany. us american keep music takes a look at germany it is synchronicities at their traditions every day lives and language can just come out of. it so i'm ok i'm good still. a legacy trick i am much d.w. dot com the germans. just listen this is the sound of time passing as forests the size of twenty five football fields are lost every minute adding to greenhouse gases but what is the sound of a tree not for us the sound of biodiversity tourism community development reliable food and water. the united nations development program is listening and working w

pakistan, through the foothill country, through the capital, islamabad, and then to the old cultural capital lahore into northern india, and then across northern india into bangladesh, and then onward into china. >> sreenivasan: journalist paul salopek joining us from the hills of pakistan. thank you very much. >> it's always great to reconnect with you, hari. maybe i'll see you on the pilgrim trails of india. >> woodruff: and that's the newshour for tonight. i'm judy woodruff. for all of us at the pbs newshour, thank you and see you soon. >> major funding for the pbs newshour has been provided by: >> the ford foundation. working with visionaries on the frontlines of social change worldwide. >> carnegie corporation of new york. supporting innovations in education, democratic engagement, and the advancement of international peace and security. at carnegie.org. >> and with the ongoing support of these institutions and individuals. >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by newshour productions, llc captioned by media access group at wgbh access.wgbh.org wes: we'r

china hosted top diplomats from afghanistan and pakistan a long simmering conflicts between the neighboring first dialogue in beijing comes as china expanded economic interest in pakistan. another difference in how president donald trump runs the white house, he is said to be the first chief executive in newly a century not to host one state dinner during his first eight -- his first day not this. he says to expect on early in the new year. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. carol: thank you. profound differences between house and senate republicans may role as gop fights with democrats on how the legislative agenda plays that when congress returns in january. house republicans have energized by their abilities to rally around the tax overhaul and limit demands from democrats on the stopgap spending measure that goes out at the end of the year. ,oining us is sharyn o'halloran a professor of political science. let's kick it off with you. when you look at this tax legislation, what is the first thing that comes to mind? s

china posted top diplomats from afghanistan and pakistan to mediate a long conflict between the countriesirst trilateral dialogue in beijing comes as china spends its economic interest in pakistan. global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. i am courtney donohoe. this is bloomberg. tradercoming up, a star will no longer get the firm top spot, more on the trouble with secession planning at hedge funds. shery: watching oil, olivia pipeline set to experience an explosion and wti at the highest level since june of 2016, the pipeline operated by one oil and production said to have dropped 60,000 to 70,000 barrels a day after these boys and. debbie dei right now laura: this is bloomberg markets. i am laura keller. the big news and hedge funds, jim 11, the star trader and heir apparent to -- he will not get the top job. we broke the news. jimmy levin will not take the top spot. do we know anything about why they change their mind as he was the heir apparent? >> we do not. he days before christmas, sent a letter to investors in which

it affects customers in several other countries, including britain, morocco, pakistan and china.hat may do little to quell the fears of parents. brent: as chinese agents try together information on german politicians -- >> > china is denying reports tonight that he used to the social networking site linkedin together information about germany's politicians. the investigative boss said that out of the germans have been targeted by chinese spies posing as headhunters or researchers. they say they are trying to infiltrate the german government. china says there are no truths in these accusations. >> we hope the relevant german organizations can speak and act more responsibly and not do things that are beneficial to the development of bilateral relations. brent: let's bring in our chief correspondent. what do we know about these accusations against china? correspondent: they are based on an investigation undertaken by germany's investigative intelligence agency over the course of the past 9 months. the charges made by the head of the agent were in fact quite scathing. he took the unu

for of china's neighbors on nuclear russia pakistan india and north korea recent evidence suggests that china may have unintentionally aided the north's nuclear missile program when it sold these trucks supposedly destined for the timber industry analysts say those same trucks seen here were later modified to carry and possibly launch the long range missiles north korea's been testing china in recent years also so. heavy truck shot sees to north korea and in those cases north korea provided. certificated to china pledging that these heavy trucks would only be used for logging. unlike north korea china doesn't boast about being a nuclear power but a recent military parade in beijing was a potent reminder of its growing military strength a strength underpinned by a nuclear asked know that experts say is now the world's fourth largest adrian brown al-jazeera beijing will move to south asia now a small because again the gulf india's capital new delhi where health officials are warning that people face a serious risk of a spiritual illness if they go outside quality typically gets worse at t

mountain range on the border of china and pakistan shall about us reports a team of poland's best climbers is in pakistan reached take on k u two in winter it's one of the last great feats lift in mountaineering we all have been under supervision of. a doctor so we made medical. we can. k. two is the second highest mountain in the world but it beats mt everest in danger and difficulty only three hundred six people have reached its peak compared to four thousand on mt everest it's in and torrie a sphere hurricane strength winds its steep slopes and i see a st for every four people that summit k two one dies. the team has been preparing for two years after three months on the mountain prepping the route before making near a saint they will lay out ropes and store supplies of food and fuel then wait for a break in the with or. very. we have. the lidsky was the first to climb mt everest during winter nearly forty years ago he's one of five people to have climbed all of the world's highest peaks three teams have tried to climb k two in the winter before no one has been successful. i hope. becau

they're doing the same tours pakistan to prevent integration in the street and to prevent the economic development of this region do you think china that help them understand their bugs big ai low on the i think in the end stan pakistan who is an educated enough establishment to set up to recognise this here is a common point between us we don't see the us strategy as helping afghanistan we see it as undermining others through afghanistan and we don't want to be tools in a big game where we gets tipped over for dobbs actions of others pakistan did the same towards us but we don't want to do the same pakistan who want to extend a hand of friendship to pakistan and show them let's join hands with the region and solve it ourselves from the deep conspiracy where is the l.a. arabia fit in with all of this do you see it as a source of funding for terror in your country no not no no doing my guys are geographically actually legit during my government i had had a lot of interaction with the saudi. government they tried their best to help us in the peace process they also understand understood our situation there was a time that the saudis

the first trilateral minister level dialogue comes as china expands its economic interests in pakistanwhile, there's a report on the chinese economy today. the center for economics and business research says china will overtake the u.s. as the world asing biggest economy by 2032. in fact, by that time, it says three of the four largest economies in the world will be in asia, china, india, and japan. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i'm emma chandra, this is bloomberg. laura: thanks, emma. let's look ahead to the potential geopolitical risks facing markets in 2018. joining us from texas is the vice president of global analysis at strat ford, which just released its global summary for the year ahead. there's so much to talk about here in your report. we've got china, russia, north korea. but let's start there with north korea, because there is so much happening on that front in terms of questions over what will happen with kim jong un and his potential nuclear policy. tell us what you think on that. >> well, certai

nuclear armed missiles just like the missiles that the united states, britain, france, china and russia have. pakistan, for it's part, has nuclear weapons that can be dropped from an airplane, it has missiles that will carry a nuclear weapon 2,500 kilometers, and it also has developed a new system to be used on the battlefield. to use nuclear weapons against indian tanks and soldiers in case there is a land war between pakistan and india. this of course raises grave risks of the escalation of a conventional conflict into an all out nuclear war. - if the large indian force invades pakistan, they can potentially use a few tactical nuclear weapons to destroy some indian armored forces or ground forces, but at the same time, it's signaling to india, right? you need to knock it off, because these are detonating on our soil, potentially, right, the indian forces that have already crossed into pakistan, but the next might detonate on your soil, and you don't know where this is gonna stop. - [narrator] dangerous or rogue states pose another threat to nuclear security. - small countries like north korea have m

and the elated by china india and i think the united states more in the past by the united states. but pakistan as a neighbor. there are two two. strong contrasts they had in our views with regard to parks and. when we became refugees after the soviet invasion of afghanistan the pakistani people welcomed us tremendously and believably like brothers and sisters and we lived as if we lived in our own homes in afghanistan and that will continue a very bad as well making for the v.a. back in the in which you get it out that area that carried the welcomed us tremendously as as refugees but then as backers of the afghan resistance against the the former soviet union them and the americans also. did. the most horrible. activity of trying to weaken the afghan traditional system of our own to weaken our moderation to weaken to weaken our tolerant society and to turn our asian into an extreme tool in their hands against the soviet union for the americans and for their own purposes for pakistan which we resisted which we denounced but which loop would lead to the eleventh which would lead to all other thi

said to affect millions of customers in several other countries including britain morrocco pakistan and china but that may do little to quell the fears of parents. the chinese agents try to gather information on german politicians via social media networks brant has the story chris look at that is a big story here china is denying reports tonight here in germany that it used the social networking site linked in to gather personal information about germany's politicians now the country's domestic intelligence agency boss hans-georg mohsen says that more than ten thousand germans have been targeted by chinese spies posing as head hunters or researchers he says that there aim is to infiltrate the german government china says that there is no truth to these accusations which is all i can say is that the allegations from the german organization in question are baseless we hope the relevant german organizations particularly government departments can speak and act more responsibly and not do things that aren't beneficial to the development of bilateral relations. artless pull in our chief political

raid in pakistan without telling islamabad since two thousand and fourteen pakistan has increasingly turned to russia and china for military and economic deals and now donald trump tells pakistan to help the u.s. defeat the taliban in afghanistan by denying the group safe favors let's bring in our panel in islamabad yaz was the former pakistani ambassador to afghanistan and in kabul. in international affairs of cards on university and in washington richard white director of political and military analysis of the hudson institute gentlemen thank you very much indeed for joining us let me start by asking mr was is this do you think that this is just an angry are lie asking pakistan to do more. in afghanistan or this is a shifting pattern in the u.s. strategy towards pakistan well it's unfortunate but i would look at it as if they are shifting their failure. into pakistan sitting the no one has done for so long and they have still not defeated the taliban if you really call them out of having a presence along with nato forces for more than one hundred fifty thousand troops. but the alabama admitted defeated thoug

to the feds, shahnaz is charged with wiring money to various individuals in countries such as pakistan, china, turkey. she even wired the funds between march and august of 2017. the brentwood woman then claimed to join the terror organization after traveling to syria, but not before, get this, quitting her day job in june where she worked as a lab assistant at a manhattan hospital, of all places, making $71,000 a year. shock neighbors learned of the investigation months ago. >> every day? >> they identify themselves to us and we were aware of them for the last three months. >> the u.s. citizen born in pakistan tells a much different story. her attorney says investigators have it all wrong. and admits the client was trying to help people, but it wasn't terrorist she wanted to help out. >> she was involved in assisting refugees. she worked at a hospital in support for some areas in which esau made her devoted to lessening the suffering of all a lot of syrian refugees. >> hmm, shahnaz, who has no known -- three counts of money laundering. faces up to 90 years in prison if she is convicted. >> da

for of china's neighbors on nuclear russia pakistan india and north korea recent evidence suggests thatchina may have unintentionally aided the north's nuclear missile program when it sold these trucks supposedly destined for the timber industry analysts say those same trucks seen here were later modified to carry and possibly launch the long range missiles north korea's been testing china in recent years also so. heavy truck shot shot cease to north korea and in those cases north korea provided a new set of kate to china pledging that these heavy trucks would only be used for logging. unlike north korea china doesn't boast about being a nuclear power but a recent military parade in beijing was a potent reminder of its growing military strength a strength underpinned by a nuclear arsenal that experts say is now the world's fourth largest adrian brown al-jazeera beijing. still to come here on the al-jazeera news bringing down the house all known to demolition trail coming up for you in school with joe. as promised it's time for the sports news now here's joe starting with go absolutely y

and china hosted top of the less from pakistan and afghanistan to mediate simmering conflicts. dialogue comes as china expands economic interest in pakistan. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am emma chandra, this is bloomberg. >> more on the breaking news are lookingaudis at increasing oil revenue by 2023 as oil production will hit 11 million per day, basing that on $75 million oil -- $75 per barrel oil prices. walk us through the bloomberg news. reporter: so essentially saudi arabia has recently revived what it called the fiscal balance program which is a program it is using to balance budget, and that used to extend to a timeline of 2020, but now they are looking out to 2023 before they have a balanced budget. we were able to obtain extra details from our sources, and those show us that in 2023 saudi arabia sees a massive increase in oil revenue by 80%. that is because it sees output increasing, 11 million barrels per day but also because they increasing.es the 2023 budget numbers are based on assumpti

china. if we combine bangladesh, pakistan, india, as the first four cross their, their more than 2 billion people there. the per capita consumption is rather low, averaging about 100. that's already low compared to what you see in china. that's already above the global average. but lower still when we compare the average of the oe cd countries. we did not put the u.s. on this chart. because the u.s. capital perk consumption is literally off the chart. so it is possible and even likely that developing countries will not reach the oecd level even in the future. they will probably follow less energy pathway. but no doubt it will increase with economic growth. while we remain optimistic in the future role of natural gas and some of the countries, coal will supply a significant share of the growing electricity needs. let's take a look at prices. this chart will plot prices in europe that has the most liquid coal price index. after long decline the coal prices by early 2016 futures market has a -- outlook. they anticipated the prices will continue to fall. reality is different. a large part of this was

united states in the cold war since 1954 they don't want to lose this relationship even though pakistan and china are now extremely close they don't want to lose this tied to the united states. it is unreasonable to think that perhaps and it is interesting to think the cia would could not do it for five years now could find them and provide the information into the i s i with which they were close allies in the '80s and '90s and once they bothered me working on charlie wilson's war was the director had asked me i've simply the low guy on this side but these mountains are not like afghanistan so finally convinced her to do something she said go back by the helicopter and the help camera copter maybe we can do something so i went back and telling people to do this then i got a phone call from the cia advisor who said don't do any more. i am convinced the director i can do it and we will do that with a helicopter. he's been out of the cia 20 years he starts calling his friends in the pakistan the army to take a helicopter up that united states controls of the aerospace and said they can shoot the fo