an analyst says this could affect the regional balance of power in east asia. we spoke to expert yasuhiro mats da of the university of tokyo. he points out for china the effort to improve ties for taiwan is significant. it happens at a time when relations between the country and neighboring nations are strained. >> china has very bad relations with japan now and also has very unstable relations with southeast asian countries. i think that having better unstable relations with china, china can enjoy much better international environment. in my view, president man joe in taiwan oons has still two years and some months term, but his approval rating is very low, about 10% or so. so if he wants to establish his own historical legacy, the only prominent legacy should be the historical reconciliation with the mainland china. basically united states, japan and other nations are welcoming these talks. they're also carefully watching what kind of development will appear through this series of dialogues. for example, in u.s. views, china is now economically and militarily

do you think that's a reality for east asia one day? >> well, i think if you look at any region of the world that has benefited enormously from open trade, it's been east asia. i mean this has been the model of export-led growth. it started with japan, korea, taiwan, china, vietnam, and others. but the international system is changing. you can no longer rely on the united states or europe to be the ultimate consumer of all those goods. this is one reason why countries such as china are trying to shift to more domestic demand. and while you'll see more trade within the region, and this also presents opportunities, because the countries of asean, for example, are now at higher income levels, you're creating middle classes that create additional opportunities. so, i see trade as not only a good thing in and of itself, but it's also a method by which countries can use the international system to push their own internal reforms. >> how do you think territorial disputes in east asia have affected business in the region? >> well, i think they'

said the bill is intended to provide new york students with a fuller and more balanced picture of east asia. officials at the japanese consulate general in new york are trying to gain the understanding of japan's position that the sea of japan is the only internationally established name for the waterway. a similar bill was passed last week by virginia's house of delegates. korean-american groups are also pressing for a similar bill in new jersey. >>> four ministers in the european union are trying to help defuse the political crisis in ukraine. they say they are ready to offer financial support to the government. the ministers met on monday in brussels. they called on ukrainian leaders to sit down with members of the opposition and international mediators.

south east asia. above for full tilt us just minutes after she come up. the economist about the work. he and his consummate cross for all costs when it gets even fights and simple like couple png steamed cake the catskill mountains all but one else in the sky. all military stint at the time they had expected. sometimes indicates the instant case it's a bit helps. inside was soft. he could get the kids kinds of problems. one is nine months. instructions then based on peace be still yet to be one of the time the standard check that out sections of it prompted by the tour costs of the time. a plausible and activated phone she's modeling. last night the win. watch it. southeast region. still needs a lot more improvement of infrastructure. we'll continue to do our best thinking before you techniques. my health the company has fifteen overs as the final weeks of supply the country's aging population puts a brake on the economy grow. my mom yelled at training. she saw was a kid. a strong month for the concert. i want. so purple. bangkok. i knew the us naval inte

the old tricks up to me to trip you know to many o alln the east asia. in november december of two thousand that in dili including countries like you mention japan and south korea and china. and what were some of the meal and most important missions then maybe you know vice president you don't know why then have in mind when he parked on the trip was that because of the u malacca with the cooperation of the year defense identification zone by china for its because of the rising tension deal between china and japan over delhi. either it's orleans because of the potential instability in north korea which is for all of the above i think this is partly in all of the above and i think is partly an attempt to put an american official in asia given the fact that obama was unable to come early for now in him. it was p was planned before the era defense of information is the thing came about. and that made it it grew in importance because of that. there's a load of those of those are the problem of reading too much into this of the american vice presidents get se

around china around japan around korea the asia pivot is obviously a big geo strategic shift not because the u.s. doesn't also want to dominate the oil rich middle east that does i mean we clearly see that but what's going to i think destabilize the situation the global situation will take place in asia if there is a major destabilization as happened prior to the other major wars and what we can see now clearly is the rise of japan as a desiring to get rid of article nine of the constitution become a major military player enter into collective security agreements become a nuclear power that will become the tipping point i believe war the destabilization of the region as japan functioned as a junior partner for the united states against the soviet union against china that was one thing but today japan is asserting its own independent imperial designs of course there's a debate in japan the japanese people are for it but i think that can be the thing that would shift the situation in a way that makes it out of control it's been under control by the united states it could go out of control korea south korea north korea and china of course are very conce

geez think that's a reality for east asia. one day. well i think if you look in any region of the world has benefited enormously from open traded to the stage. and this has been the model of export led growth of starter but japan korea taiwan china vietnam and others. but the national system is changing you can no longer rely on the united states and are to be the ultimate consumer of all those goods this is one reason why countries such as china are trying to shift to more domestic demand. and while he is teamwork read within the region. and this also presents opportunities because the countries of ozzie and for example are now at higher income levels you're creating middle classes that create additional opportunities show icy treat is not only breaking in of itself. it is also a method by which countries can use the international system to push their own internal reforms. heidi is a territorial disputes in east asia have affected business in the region. the thieves i added to the degree of worry and i see that one of the things that

i get to the united states for china's neighbors and east asia the committee. japan's for the good peeps you say that but we see right now. other worries about a credit bubble in china about how you make the economy slowed down we have such a strong bargaining position you think in a year's time well able to eat depends on how you call me go we don't we know what happened i do not buy into the island that china the sole exception nobody can sustain cool. at any level and played generation that has meant that happens in human history. on the other hand i feel that you can bet the games. chinese economic growth and stability in the last twenty years old stay at the polls the single all i knew he'd call me go she was the one she came into being in trouble. he called me and needing something i told my son grow. just not the only state or impossible to achieve. the groom to be polite the shia. stay on message. steve sanger thank you for joining us from nottingham a comment from one of our viewers that this is from b for another time the real fight says penny between

this is bad idea of ordering east asia around japan in the center, japan making this united block.once the war broke out in 1941 from an america most people call the pacific war. in japan it was referred to as the were parisian liberation. this is the second component of the ideology with a asian union but then oppose the western forces. and hopefully if you are in japan. as it turned out, this new order is every bit as impressive as any old order had been because in theory, asian miss them had hoped to liberate east asian nations from western journalism, but in practice would have and most of those nations under the guise of liberation and simply replaced any western presence had been there with rather brutal japanese rule. so when the tokyo trial came around, asian miss him played a role and allied argument against the war crimes suspect. the point being that if okawa had stayed on trial and not been removed to the mental hospital, he did not row can down the court were to seize my grandfather by seeking a come he would've received the possible punishment. the best comparison wou

medium-term causes of war that causes for the war had more to do with the japanese ambitions in east asia, rivalry for control of china with competing against the united states as well. the idea that the fact that they had been lucky in their past wars probably affected their military mindset that perhaps this reckless war could be somehow won. >> it was applauded by the western powers. teddy roosevelt when the japanese beat the russians in 1905, talks about the japanese, so did the british and the attack on the russian fleet could be seen as -- it was the real thing but it was the kind of pearl harbor at that time. >> the fact -- the surprise attack as well, the soviets don't make as much of a myth about the surprise, the freak nature, stills nature of the attack, has to do with the fact, the so dramatic and the fact that the america was attacked on its soil even though it was a heavily japanese populated island ironically, just became part of the american psyche and collective historical narrative and became a symbol and the parted from it, real significant. >> let's play in to american

a bird flu he dim been is hreatening wide areas of east asia.ts by the new head anger ic broadcaster south korea and china's population bomb. oo many boys and not enough girls. biggest stories of asia and the lightest buzz on social media here on link asia.

almost 3 million packs are passing along this line, virtually all of them heading for north and south-east asiachinese demand in particular drove the company's growth, and two years ago made it an attractive target for a bigger dairy company. the take over was part of a trend. economies of scale and production, and the growing asian market means the biggest industry players are in an inviable position. >> white gold is a good name for it. it can deliver protein in any shape or form. as the influence grows, so does the demand for different food types and products. at the forefront of that demand are dairy products. >> the australian dairy industry exports about 40% of what it produces, giving it a 70% share of the world dairy trade. it's significant, but dwarfed by new zealand. >> brand is key. that explains why a safety scare this year involving new zealand's biggest producer of infant baby milk was a threat to its country's industry. dairy products can only be considered white gold if they are as pure as their colour suggests. >> to state the obvious, it's lots of these, cows, meaning australi

places in the suburb of doing some comparative studies ill with the development and peace you go to east asia and the overseas development in the nomad american accent that's a that's a possibility that are part of the problem is when you do things comparatively new half to master a whole new literature. so tight i actually started out in political theory them and at the time soviet studies. yes me and so i that's what i was trained in the fall when i did my dissertation on india i had to catch up with the entire literature on india. it's when i did the things done today in the england which had to do with religious toleration and some imperialism up. i've amassed another literature prize doing a stunt iguana have to master yet another leadership. so it takes quite a bit of time to be able to do that is and if i were to compare taiwan for example with countries in latin america. there's been a tremendous amount of work done eleven america. alot of the early discussions of the democratic transitions are real and american things in it. i'm not sure that the hiking i can master it which is yes.

a pivot or rebalancing to dealing with china and our allies in east asia, the focus on domestic issues and a view of working ines afghanistan are being heavily outweighed by dealing with a corrupt individual and one that's very difficult to deal with in hamid karzai and whoever replaces him, so i think there is a very tired sense of working on afghanistan for the white house right now. >> u.s. public opinion supports that. there is stuff like, "can we get out of there as fast as possible?" what are the risks, do you think, if america pulls out in total? >> there are a range of terrorist organizations operating in afghanistan and pakistan, including core al qaeda, which does present a threat to the u.s. homeland, the british, and other organizations. second, i think what we saw in iraq recently is pulling forces out means it's much more difficult to influence what is going on. we have seen a resurgence of al qaeda activity, both in iraq and ofia with the withdrawal u.s. forces. i think what that leads to in this context is the potential for resurgence of some of these groups down the li

now i don't like east asia and much of a candid and that will spend two thirds of the us are a hunter she pulling colder conditions and temperatures about ten to fifteen degrees below average combined with gusty conditions the euro when two valleys are very very well to kill the cats and the gear is in the sun and pictures that your skin will feel minus forty one degrees and bring it to me that they can ours in your wednesday and the euro minus thirty degrees in many areas. do you bundle up and have to go outside to make sure to wear a hat because half of the body heat this is from the top of the head. then the call there is meeting with warmer air producing thunder showers for the gold coast and then cross the west and some make changes after days of the trial whether find me ukraine is underway and more heavy rain is likely from your friday. hopefully that can cook it right conditions while i welcome the rain is in the forecast for a bit freakish violence once again this area has been contending that the worst flooding in more than two centuries in many areas. that makes sense then

talks at a press briefing in washington tuesday daniel russell us assistant secretary of state for east asia said talks with north korea should focus on the new car into the korean peninsula should not be topped for talks eight. he also said washington stands ready to negotiate with countdown but only on the basis of the statement signed in two thousand five. under the landmark deal coming and then create discrepancy their program in return for security economic and energy benefits. however the north failed to abide by the agreement carrying out the review their bomb tests between two thousand six and two thousand thirteen russell's comments echo those made by playing babies the us envoy on north korea said last week that the six party deal thursday to cost will not race in alaska and down team says its policy direction. the us north korea remain at odds as cunning and has not shown any change in its position in recent years speaking in moscow on tuesday the north korean ambassador to russia said the chance of resuming talks with fading away. because of washington's hostile policy towards no

fairness justice human rights freedom and democracy although ave and government are causing harm to east asia and the world beyond. in the long line of this evil designs would not interrupt the procession tiniest piece of development. nor can they stop the world advanced towards peace and prosperity i'm japanese and local media reports that for my japanese the health minutes to kill each team as is all it has won the cold pill given an aria in action and sixty five year at the mouse's only secure the victory of the peace and fifteen other candidates. on the prominence that mari hero poke holes all color and a full month and self defence force chief that she'll come on tommy. he joins the race as an independent suppose is finding a pro democratic party that ruling coalition and the action has been seen as a referendum on the future of japan's new car and indiana cast upon the distance you the best time to restock japan's nikkei reactors. i'm also still am pays is anime box to eliminate or new krypton seals effects to make the two thousand twenty toll killing takes the best ever in the twenty k

satellite nations criticized the costs the operation of two hundred forty million is one of the big east asia. for investors looking for new markets are paying more attention to the country and japanese firms are leading the way. nearly half the five hundred japanese companies to respond to recent survey said that indonesia as their first choice for overseas expansion within the next three years makers in particular are sharpening their strategies to conquer the country the world segment ali has more. new niece that is nonsense largest and most of this country. there's a pool but if the cd in two thousand a tricycle. on sunday the two night stand that guy once your record one point two million new cars were sold in the country. devon is made cars connelly how ninety percent of the indonesian market. and they're trying to better dad. i'd be leading the steelers to a corny. i said to him by pulling you down and fill in your mind this seagull has been careful to statistically fourteen the knees down. one of its kind to her mistakes. this is extra height. but he is eighteen point nine centimeters

south-east asia started to come alive. a big block here in nairobi. i remember that is where peter greste was based. a lot of support for him there. what is interesting - it's 5:30 on the east coast of the united states, but that big hash tag there, when it comes up, of course, is washington d.c. which shows a lot of interest in the united states as well. let's take you around the world. it's 10:30 gmt, afternoon in the middle east. late afternoon in asia pacific. >> this is sydney where the crowds grabbed. journalist, human rights activist. peter greste is australia. we go to kuala lumpur and malaysia with their signs, and "free the media". this was a short time ago in yemen, the nobel peace prize winner was a journalist and part of the event. she turned politician, the face of an uprising. she is part of it. >> this is an example of how this goes behind the staff. this is a group of armenian journalist using a simple them, "i am a journalist. have a look. >> yes, "i am a journalist", extending to media freedom. and the web soot at aljazeera.com. thi

china ink and an eighteen year graduation of north korea has obama had to cancel his fifty two south east asia in october the federal shot down in the united states can see on the evening news. the high profile freehand trial classic pairs of socks twenty year prison term for in leftist lawmaker accused of wanting to overthrow his own government to divert on one fifty two year old piece of key is expected in two weeks' time for part two one s this report. at the school of industry quiet and eight prosecutors requested the school year prison term for that we will all make great use of e the stands accused of conspiring to steal two o'clock in the event the a korean war prosecutors also demanded that the fifty two year old mike apparent. he sniffed the best voting rights and to be restricted from holding office for ten years after his release from present prosecutors say no to sustain their punishment is to stop crying. it's me that people sleep in the basket and prosecuted for a similar offence that can be fastened to the added that he had shown no remorse for his actions and that he attempted

he said she lost eastern europe, the middle east, asia. it's ridiculous. what she has done is strengthen nato in a big way. she got the relationship with india, which is the most important ally we have in that region, it was a terrible relationship prior to her getting in there and now it's very good. she was -- now, you may think this is a big deal because it's the chinese got screwed on this, but she opened up relationships with burma. you can't just -- nobody is going to be able to go to china like kissinger did. that's all he reminds us of every time he talks, but secretaries of state are consequential in many ways. >> would you agree, bob, there are not many secretaries of state, at least before the civil war, who have gone to run on their secretary of state record to run on in the presidency. most people worry mostly about economics. >> buchanan was the secretary of the state and became president. >> in 1849. >> i don't think he ran on his record. >> it's if you're a governor, you have executive speerchs. >> there's one thing she can't do. she can't

next - religion versus education in south-east asia.eorologist eboni deon has a quick check on the forecast. we have seen a drop in numbers. 2 degrees in minneapolis. 25 in denver. south wards around houston, 61 degrees. as we go through the week ahead temperatures tumbling. we'll keep it warm as we round out the weekend. low around new york city, a drop into the 30s. snow, into the upper midwest, that's where it will be the coldst. >> thank you so much. >> a gas explosion at a chicago home left two women injured. it occurred in this two-storey house, the force blowing out the west wall. emergency personal responded and the fire was contained within an hour. two women in their 20s were transported. one had burns to 70% of her body. >> i heard a boom noise, and the debris hit the window. i heard a woman screaming, "my baby, my baby." >> a third person refused treatment. investigators are focussing on gas leans. the 100-year-old building will have to be torn down. >> demonstrators are protesting government sen sewer of the internet. riot

. >> you've moved to singapore seven year ag years ago, which e kind of on the cusp of the east asia explosion, you could have predicted that yourself. what again, you've mentioned not hiring bureaucrats, you've mentioned better education systems. what else are the singapores and chinas and south koreas of the world doing? >> they have saved hugely, they don't have huge bureaucracies, they discipline their children, not just educate them, they discipline their children for god's sakes. >> we'll have someone on the next segment -- >> that the extremely hard. >> moving to sing singapore andu write about coming to the u.s. is coming to a third world country, which most people would think what, singapore used to be a third world country now the u.s -- >> it did. you get in jfk, you go to a third world highway to a third world five star hotel. if you go to singapore, you're stunned at the airport, not just the airport, hong kong, singapore, many places in asia. >> we are not paying enough substantiation to this explosion in asian? >> we barely know it's happened. when you moved people set

countries in africa oeste east asia or even latin america. there is a sense that workers, chinese officials said camino, they like to sing and dance. they want holidays. labor unions. they want to go to church. the chinese workers over seven days a week or 12, 18 hours a day. it's this kind of difference. in many respects, when it comes to issues of labor environment, transparent the, how they work at home is very much of erica pratt. i would love at some point in our discussion to talk about the world this is changing now because there's a lot of pressures on china from the outside in and the bottom up within china because you see better practices common in terms of social responsibility to turn on the home for and how china behaves about here this is one of the positive trends we found over the course of her research. that's another way in which china is transforming believe gabe. >> a want to come back to good strategic access. first i want to go to a point you both make about china. obviously not be the first emerging power that went out

let's get more on this from our south east asia correspondent. is he selloff expected to continue?e're getting in the markets. more selloff expect it. capital outflows are showing no signs of abating. this is probably just temporary. here is a look at the fallout so far. or $.5 billion withdrawn from funds last week. that brings the total to $30 billion for 2013. the amount 29.2 billion. let's take a look at the emerging markets index, down 4.5%. increasing the stocks. they will extend their declines. retail type investors are now joined by more visible, institutional type investors selling from equities as well. larry fink.from he says emerging-market assets are looking cheap. there were still concerns out there. the fed is tapering also weighing on investor sentiment. markets,ng emerging has the uncertainty and tiling, to what extent do you think that will weigh on gdp numbers to out a little later? prolonged uncertainty. it will impact investment, tourism. it will destroy policy making. economists say the outlook is pretty bleak. this delays government spending which is importan

>> reporter: the last time moscow hosted the olympics in 1980, the soviet union dominated all of east asia. now the berlin wall is down and the soviet union collapsed. sochi is a return, a world power led once more by vladimir putin. there's a problem with russia's story of revival. it's next door in the ukraine. the ukrainian government is a russian ally, but protesters backed by washington want closer ties with europe. this tug of war exploded last week with a leaked f-bomb. >> and, you know, [ bleep ] the eu. >> reporter: victoria nuland's private conversation was posted on the internet, making her sound like she was picking winners in the ukrainian government. >> i don't think klitshko should go into it. >> reporter: they don't want the u.s. to interfere, especially while russia is hosting a big welcome back party for itself. russia claims the games have so far been successful and, aside from that threat with the plane that was potentially going to be diverted here to sochi, which turned out to be nothing, there have been no major security concerns. >> richard engel that so much with t

australians and new zealanders could do the south east asia and so on and so forth. it's one big organization that does the spines everything has picked up by the mistake is shared with those five countries, that there's a lot of sharing that goes on beyond that. one of documents i thought was very shocking that i saw from the snowden release was that the nsa was turning over to israel all the raw data that the u.s. was collecting. without even ever going through, having some oversight or overview or something, just turning it over. so that's the problem you have when you have a situation like that. you have a government that collects all this stuff. there's nobody overseeing it, nobody saying you're not allowed to do that. they just give it to whoever they want. i don't particularly what the israelis do know i'm calling every day or whatever. why should they know? so no, i agree. where is this data once they collected and once they collected it's going in this big place i wrote about in utah which apparently is not a very big success. it's $2 million, 1 million squa

our south east asia -- with the city's top guns. >> the loop. straight up.n. .igh-octane maneuvers the black knights. executingng falcons in unison. feeling.t the sense of about the g's. give a sense of what it feels like. it is not like a roller coaster. >> not exactly. it is more fun than that. one in ge as the surtout pull-up, they would get increasing. >> that is throughout the body. you are seated pushed into the fit -- into the seat. >> yes. you need to be physically fit. >> the black knights are performers. they juggled aerobatics training with operational duties. mid air choice and spins, but about the risks? >> the risk factor is still there. but we do it in a safe manner. it is risky but not to the point of being dangerous. >> bloomberg, singapore. >> top gun, singapore style. some sports news this monday. an updated version of her life story. the australian open was her second grand slam title following success in 2011. she is the first asian player to win a major and is ranked number two in the world. that is unprecedented for an asian player. sh

around the world we're seeing trips to our security rice from the middle east to africa, east asia.to not trust us, and enemies of fierce. in iran the agreement has done nothing to stop the regime in richmond activities. in fact, i am willing to submit for the record the reuters -- date successfully test fired missiles. the defense minister stated. one of them was a long-range ballistic missile with a great error updating capabilities and goes on and on to talk but what they're doing, so they are not hiding and and all. we remind our colleagues and intelligence reports continue to say that iran will continue to have this capability as early as 2015, less than one year away. the present administration continues its head in the sand approach to terrorism by pushing the false narrative that al qaeda is on the ropes and the run. but facts on the ground to not tell the story. the reality is that al qaeda now operates in more countries and territories than ever before and poses a greater threat to american interest in the asia-pacific, our strategic balance is being undermined by massive

how many army troops would affect the presence in east asia 28,500 troops are stationed now.ecretary hagel said he wants a substitute you too with global hawks and this is a technical question. do you want the allies of the country to substitute with their own global hawks? >> so the importance of our relationship with korea and the importance of our commitment to south korea and the troops on the peninshupeninshu la is not affected by our plans. in fact it was one of the strategic imperatives has an input is besides the army and other forces for that matter. so there will be no impact at all in our agreements or commitments to korea and we made sure that as we went through. the challenge for the smaller army at 44450 we believe it's manageable of course. general odierno would prefer more flexibility but it gives him enough flexibility to meet the requirements that any korean contingency would require to sustain our commitment to the forces on the peninsula and protect the homeland but the smaller the force the less else you can do. it's not korea. korea was an input. on yout

it has spread to the middle east and in asia. so, i would respectfully question the assumption of the u.s. government policy, or at least stated u.s. government policy, that china shares our goal or objective of denuclearization of -- on the korean peninsula. i would submit that china's number one priority is not north korea's nuclear program, but north korea's economic stability, and rather than taking actions that would put pressure on the north korean regime, they would rather let it proceed as long as they remain a buffer between south korea and china, and it requires a little hospitale in our public diplomacy, secretary kerry today -- yesterday reiterated that a year ago, china made all these commitments to increase the pressure on north korea. the only pressure it has increased is rhetorical. hardlien in tangible efforts. and yet the north korean regime would collapse tomorrow if china were to tighten any of its sanctions on fuel and energy and the economic, let alone diplomatic protection. so seems to the the elephant in t

not just in the middle east but asia and other places? >> this is actually our dream, our vision.at this would continue to evolve and would cease to become a transient describe theld future of the entire region as a whole. >> do believe it is possible, not what has happened in egypt but one of the most powerful tontries in the region regain what you have discovered and created, notwithstanding what looks like the corset is on? -- course it is on? >> i am fully convinced that the in tunisia,mocracy egypt, and across the globe, there is no reason that could make us believe that the egyptian people or arabs in general are not qualified for democracy. it is not a solution. it is a problem. democracy is the and not aor egypt military coup d'État. factionsian groups and are the solution. the coup d'État would be a problem and they would not have a future. my advice to the egyptians is to go back to dialogue and consideration and to that exclusion is not a solution but would be an essential problem. >> it looks like it is going the other way, not in dialogue but in terms of military cont

they're in north america, south america, europe, middle east, asia pacific. around the world.r. a great chart. charles: it's the third time we've talked about it. stuart: thanks, charles. here is proof of what a fracking boom can do for the economy in the country. the u.s. city with highest rent for a 700 square foot apartment. where do you think? wi willston, north dakota, it is more than the places in new york city. this screams at you, why can't new york state or california frack for what is underneath the ground. charles: the lowest unemployment rate in the country and people are flocking there by the thousands and everyone is making a fortune, a fortune. you know the down side of it, i've seen negative price in the new york times and other places look how you had to live. guess what? you might have to live in a trailer or a $700 square foot apartment for two, three, four years as you bank more money than you've dreamed of and set your family straight and turn upper life around. and that might be the down side, but i've lived in north dakota and i remember the old north da

where the air show gets underway today, let's get over there now and say good morning to our south east asia part of the air show, the leadership summit has gathered to discuss challenges facing the aviation sector. we are talking about the likes of congested airspace, and lack of investment, a lack of infrastructure. among the participants, turkish airlines, the ceo, joins us this morning. good too happy, with us. turkish airlines, one of the fastest growing airlines in the world, but when you take a look at the country, facing a lot of headwinds -- we are talking about a weak currency. the lira, down 12% in the last six months. is that impacting your outlook? >> no, because our income is international. also, this means it doesn't bother us. recently our national bank raise the interest rate, and it will stabilize. >> investor sentiment has been greatly affected. surely, that is impacting you. over the weekend, sac cut its credit outlook to negative. >> right, but this is not the world. we are flying everyplace. not in turkish dollars. >> talk to us about your expansion plans. >> we grow ab

and in hong kong bank of east asia and macau legend report as well. >>> the french industrial group puig taken a write down. stefan has more for us. hi. >> hi, ross, that's basically a profit warning this morning. bouygues says it will take charge of 1.4 billion our rows to reflect its 29% stake in a french engineering company after they lost 37% in the last 12 months and that's the reason why bouygues is taking this down to the last quarter in 2013. the company says it will not affect its cash position and it will not impact its operating performance, nevertheless, it's going obviously to impact the net result and we're not expecting them to be unprofitable. before this announcement this morning the average announcement is profit of 746 million our rows. the revenue would be a statement of 33.2 billion our rows. they're expected to report its full year results on february 26th. we are now, as i was saying, expecting the company to expect a full year loss for 2013. >> stefan, thank you. >>> a fashionable man is stefan so it will be interesting this next story. the glamorous crowds in lon

world, we are seeing the threats to our security rise from the middle east to africa, to east asia. our allies do not trust us and our enemies do not fear us. an agreement has and nothing to stop the regimes enrichment activities. in fact, this is a reuters yesterdayat was just talking about how to rant military successfully test fired two new to mystically made statees according to television. the general said one of them was a long range ballistic missile with radar invading capabilities. it goes on and on to talk about what they are doing. they are not really hiding that at all. let me remind our colleagues reports say iran will have this capability. as early as 2015, less than a year away. the head in a sand approach to terrorism by pushing the false narrative that al qaeda is on the ropes and on the run. is al qaeda now operates in more countries in more territories and never before and impose a greater threat to the american interest. balancesia-pacific, our is being undermined by massive budget cuts at a time when our security interest in the region have never been more prono

. >> kerry is sort of blowing in and out of the middle east and asia. the problem is, you are right michael, he's pointing his ngers at the russians but nobody is listening. nobody listens to the commander in chief and the se is true with kerry. >> he is a lame duck, don't you agree? >> we should talk about the fool who sent him on the fools errand. this is oama on the international stage. whatever john kerry is doing i sort of dancing to the song of the puppet. >> when i said john kerry was confounding, i didn't mean he was a fool, he just has me confounded. i'm trying to assess what he's trying to achieve. we thank you both for being here. michael, thank you. >>> up next, violence in ukraine. the united states and ssia on opposing sides. retired army star on diverging interests here next. announcer: where can an investor be a name and not a number? scotade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. b

world and without our leadership, which we exercise every day, actively from africa to the middle east to asia, the world would not be nearly as stable and as prosperous as it is. now, it is complicated, as you said. there are setbacks and there are difficult circumstances, but david, look what the united states is doing around the world. we're actively working to try to bring a negotiated resolution finally to the conflict between israelis and palestinians, and as difficult and fraught as that is, we're making progress. because of united states leadership, we have the prospect of resolving the iranian nuclear program through diplomacy. we don't know that it will succeed, but we're closer to that goal than we have ever been. >> you don't worry about a potential for stalemate as you already hear the iranians say that the idea of removing missiles is off the table? >> david, there's always the potential this doesn't succeed. but we have already halted the progress of the iranian nuclear program and begun to roll it back in critical ways. for six months, this program will be set back, and the tim