east asia. a region in turmoil. rapidlyaracterized by rising defense budgets and the think arms race, tank out of stockholm reports that six of the world's 10th largest arms importers are from asia and oceana. is the home of territorial disputes involving mosof the principal players of the region. of unresolved historical questions that continued to stoke tensions. and a surge of nationalism throughout the region. experiencing considerable political and diplomatic churn. last week, president obama visited vietnam and japan. this trip,course of he lifted a decades-old embargo on the sale of lethal arms to vietnam. and last friday, he became the first u.s. president to visit hiroshima. taiwan andtions in the philippines have bought to power -- brought to power new leaders whose policies have not yet been fully articulated. new united nations sanctions, north korea continues its drive for nuclear weapons in the means by which to deliver them. partnershipific trade agreement, long touted as of of the touchstones ivot,den

america keeps the peace in east asia and europe. we need to keep doing that for our own good, not simply for the good of our allies. donald trump would tear that up. guest: max boot with the council the bus made a stop at cherry hill east in new jersey, to recognize a winner on "how a house becomes a home." the bus traveled to west scranton intermediate school in pennsylvania to honor eight graders for their second prize-winning video, "national immigration issues." during the sermon is, they donated $5,000 of their $1500 winnings --$500 of their 1500 openings. over 250 classmates, teachers, and elected officials, including-- a special thanks to our cable partner comcast for coordinating. you can view all the winning documentaries at studentcam.org. >>on capitol hill, a senate committee looks into the administration's new over overtime rules and their impact on small business. we will take you there it 9:30 a.m. eastern on c-span three. bernie sanders celebrated his west virginia win a a campaign rally in salem, oregon. he says he's

we need to extend china's influence on east asia to central asia. if the state department structure in three different bureaus responsible for south and central asia and east asia and the pacific, i believe create an artificial barrier to cooperation across the entire region. i would like to hear about what the state department is going to overcome obstacles and deal with asia as a whole, single, strategic priority that includes south and central asia. staying for a moment with structural issues at the state department, i'd like to discuss if we are doing all we can from a resource standpoint to ensure our asia policy will succeed. the east asia bureau is the smallest regional bureau in terms of personnel. the reason account for the second lowest level of foreign assistance. obviously any questions about state department resources has to start here on capitol hill. i strongly support investing more in diplomacy and development across the board. our international affairs budget gives us tremendous bang for the buck and i also wonder whether anything

the world's third largest economy, india has the potential to become a major economic player in east asia and is already playing a constructive role in maritime issues. china regards asia as a strategic hole with the one belt and one road policy and aiming to expand chinese influence beyond east asia through central asia to the caspian. yet the state department structure with three different bureaus responsible for south and central asia and east asia and the pacific, i believe, creates an artificial barrier to cooperation across the entire region. so i would like to hear what state department is doing to overcome obstacles that deals it with as a priority that includes south and central asia. staying for a moment with structural issues in the state department, i would like to discuss if we're doing all we can from a resource standpoint to insure our asia policy will succeed. the east asia bureau is the smallest regional pubureau in terms of personnel. any questions about state department resources has to start here on capitol hill. i strongly support investing more in diplomacy and devel

two governments are also cooperating more closely than ever as part of our cooperation with the east asia summit we are working to advance regional security and stability. vietnam welcomed american navy ships to your ports. our military are conducting more exchanges and partnering on maritime security. together we are pursuing the transpacific partnership, not only to support trade but to draw our nations closer together and reinforce regional cooperation. we are doing more to prevent nuclear terrorism and making sure outbreaks of disease do not become epidemics. the united states and vietnam agreed to a significant upgrade in our cooperation across the board. giving our young people the education and skills that they need to succeed. for the first time the peace corps will come to vietnam. our peace corps volunteers will focus on teaching english and the friendship they forge will bring us closer together for decades. american academic and technological leaders, intel, oracle, arizona state university and others will help vietnam universities boost science and technology, engineering and

as you look at the forecast for east asia, we do have instability continuing to impact the southern portionsf china. meanwhile, high pressure is controlling areas in south korea and also into the -- into japan. we'll see dry conditions moving forward, but then a cold front will come in from the north bringing showers into south korea as we go into the day friday. be on the lookout for that. rain in taipei. into the weekend, above average highs expected through the weekend. it will be dry. if you have outdoor plans, look being very good. hot weather in india and in the indian subcontinent. showers to the south. thunderstorms in places like clum beau. we're in the premonsoonal time period so this is the type of weather that's expected and i think we'll have to wait a few weeks before that takes place. into europe, we have an area of low pressure off the coast of the continent, one in the southern portions of europe and a cold front to the east will bring the possibility of rainfall for a good portion of the continent. unstable weather in place. to the north we'll see warm temperatures and sunn

i am the deputy secular denmark for east asia. today the department of defense made the 2016 report to congress on the valve in the people's republic of china. this annual report mandated by congress highlights china's defense strategy of military developments. the report is intended to be factual, descriptive, and analytical. let the facts speak for themselves. the report describes such china continues to invest in programs and weapons to improve power productions, operations in emergent domain such as cyberspace, space and electromagnetic spectrum. china continues to focus on preparing for potential conflict in the taiwan strait, additional missions such as contingencies in the east and south china seas and on the creative print peninsula are important. china's leaders, even as china's economic growth decelerates. in march, china announced its military budget will grow 7.6% to $144 billion in 2015. for 2006 - 2015 china displayed military budget an average of 9.8% per year in inflation-adjusted terms. china's publish military bu

regional institutions like the asean and the east asia summit should continue to be strengthened. that's what i believe, that's what the united states believes, and that's the kind of partnership that america offers this region. >> relations between the two countries are improving amid the changing security environment in the south china sea. china claims almost the entire maritime area as its own, while vietnam and other southeast asian countries claim parts of it. on monday, obama announced a complete lifting of an embargo on sales of lethal weapons to vietnam. the measure was put in place in 1984 amid concerns over the country's human rights record, but u.s. lawmakers and activists urged president obama to press for more progress before lefting the ban. on tuesday obama said he had significant concerns over civil liberties in vietnam. he mentioned that several activists had been invited but were prevented from meeting him. >> i think it's an indication of the fact that although there has been some modest progress and it is our hope that through some of the legal reforms that ar

bank in europe and east asia has to behave like a us person here in washington or new york. ..it is, thankfully the international currency of choice for international trade. that means banks in europe, japan, china all hold euros in their book. we do not extend to those dollar bills and foreign actors are not under our jurors diction and can give them to any actor. i just want to be clear as to the contours are our jurisdiction to offshore dollars. >> but that seems to have a different intent than the response the treasury secretary gave me when i asked him in the financial services committee this question. i asked the treasury secretary, pickett was two months ago, if he stood by his testimony during the agreements consideration in which we were assured they would not have access. instead of shutting the door right there, secretary lou said his focus was on making sure iran gets relief. in two months since, the president still has not responded to my letter on this question. so there so there has been ample time for the administration to bring absolute clarity to this question

the east asia rainy season is starting to take shape and i'll explain in a moment.ides. basically, we get the heavy rain that soaks into soil. we've got steep slopes that just cannot hold this extra weight. eventually, the slope fails, gravity wings and ultimately we have landslides. when we have rainfall totals in excess of 100 millimeters in locations in the past 24 hours you can see what i mean when we say landslides are continuing especially around 200 meters of rain fall that took place with the most recent landslide in southeast china. look at the flooding issues coming out of the bijie region. we've got the slogan from the national weather service in the united states, turn around, don't drown. it's very unsettling seeing people drive through this, unfortunately, maybe that's all they can do to get by with this disaster. let's get to the graphics and talk about what's next. look at the rain still forming in this country. we have a stationary boundary that will actually produce nor precipitation as we get a battle of two different air masses. you can seat rain

what's the deal with the -- it's the foreign born kid or the children of foreign born, especially east asia. they are good at spelling. why? >> i believe it is discipline. often times because of the culture and the families they are very -- they pride themselves on the fact that -- because generations are shorter. the bilingual you think, they have to learn a couple of languages. >> that could be it, as well but i think it is a discipline thing for the most part. but what do i know? i would rather they learn a practical skill. you can spell maserati but can you change a tire? it seems frivolous but a lot it has to do with word roots. it is good for foundation of language. >> it is good for memorization and recall and testing, not life skills. i have a huge problem with the tie as well. what that doesn't teach you is competition. i'm sick of this era of everybody gets a participation trophy. be more competitive here. >> we made a reference to that in the story. the thing is it's not like a participation trophy. >> it is a not a legitimate sport. if the spelling bee wants to kick it up next y

they made a bid for south east asia e-commerce provider, and they will consolidate that.hat tells you where they are going. they want to expand and emerging-market. not to where they are buying and consolidating. that is where the strategy is. emily: what about the alibaba cloud? we talked about the amazon cloud, google cloud, apple. but they are actually making big strides. guest: one of the things that differentiates alibaba from ebay of 10 years ago, is that jack ma and the leadership are paying close attention to what works for amazon. what works for amazon is getting into media, expanding the cloud business. there are following that playbook. they are following it well. they grew more than 150% this quarter from cloud business. from amazon, it was an incredible -- incredibly profitable paying point. emily: should we be more worried about the macroeconomic environment china? flow that catch up to alibaba -- will that catch up to alibaba? guest: obviously the data from china is uneven. it is not inconceivable that the consumer is there as well. that's one concern. the

our security is served by having a peaceful and secure europe and east asia.ve been the biggest since 1945.s if you tinker with that, you create an opening for a global predators like putin or isis. barack obama has done that to some extent. president obama has pulled back from some of our commitments in the middle east, with consequences. trump, those consequences would be magnified times 100. the big losers, there is no european nations would lose if the american security umbrella pullback, but the biggest losers would be the united states of america. the biggest beneficiaries of the free and liberal world order that we have to edit and underwritten since 1945. donald trump does not understand that and the caller does not, but american presidents of both parties have understood that. michigan, republican line. brad is next. i would like to know what is wrong with negotiating trade agreements. it takes care of the american worker first and stops on countries from manipulating currency. simple enough 20 two through a security check to know who you are allowing

negotiation program, he has launched several resolutions in the middle east peace and europe and east asia. serving as chairman of the world agenda council on conflict resolution it developed a conflict huge reprogram now reaching more than 30 countries. please help me to welcome our esteemed speaker did neil shapiro. [applause] >> power you doing? first of all, a huge thank you to the library of philadelphia for making this happen today and also with peco it 8:00 in the morning to have that introduce -- somebody without much energy to introduce me. [laughter] so it is a tremendous honor to be here with you but how many of you the past six months have experienced emotionally charged conflict? [laughter] how about the last six hours? very enough. [laughter] my sense is that almost every since considered a human being has experienced these types of complex on a regular basis had to deal with them most effectively? this is really where research has taken me over the past 35 years at the personal level with the loved ones at home and how do we deal with these complex more effectively? i will s

america keeps the peace in east asia and europe.need to keep doing that for our own good, not simply for the good of our allies. donald trump would tear that up. guest: max boot with the council on foreign relations. thank you for your time. last 45 minutes, especially with west virginia participating in the primary, we want to talk to you about an issue important to west virginia. the coal industry. in the last 45 minutes, we want to ask -- get your thoughts on whether or not there is a war on the coal industry. we will take those calls in just a few minutes. (202) 737-0001 for republicans. (202) 737-0002 for independents. if you are a coworker, (202) 628-0205. the newd us reference york times piece taking a look at ben rhodes. you heard our guests talk about it. here is a bit of what he had to say about -- after reading the profile on deputy national security adviser ben rhodes. >> we live in a time of precipitous change in american government and communications. we don't admit it enough but the congress of the last decade is extr

or are you looking more towards asia and the middle east?are doing what we need to do to get to the place were we have options open to us. we needed to strengthen our foundations and get our capital position rocksolid. we are in a good place right now. second is to tighten up everything around our control environment, risk controls, expense controls. the ethical culture in the bank is fantastic. we were a little bit loose in how we just kept track of things. as a result little mistakes got , amplified. hence the bad financial year last year, we had a very bad and the very bad challenge getting out of that. we need to execute better. we need to invest intelligently and create long-term franchises off our core strengths. that is what we are doing. francine: how do you cut enough fat that you have enough time to play out? bill: shareholders have been supportive. we went to them with a strategic plan last year, and said it was a three to five-year plan. we set out knowing a poor operating environment with low growth and low commodity prices and

this is the onset of the east asia rainy season.at coincide with the ripening of the plums in this part of the world. the topography here much different than that of texas because texas is extremely flat and very fast. this part of the world has a lot of mountainous terrain. so extremely heavy rain soaks into the soil. gravity takes hold, eventually wins. the slope fails and we get our landslides and mudslides which have caused fatalities in china. look at this. more rain in store for this area. we could experience easily an additional 200 to 300 millimeters of rainfall going forward. this is an extreme event, and the onset of the rainy season begins. across that part of the world, looks like the potential for even more landslides and mudslides going forward. so it's just -- we talk about the frequency of heavy rain events on the uptick, and to me, again, that has climate change written all over it. it's got the fingerprints of it, and it just seems to be a common theme here in the weather department. >> extreme weather events. >> t

navigate these conversations as a founder and director working with conflict resolution initiatives east asia and the middle east. serving as chair of the world when economic forum on conflict resolution with conflict management program now reaching more than 1 million young people in 30 countries please help me to welcome our esteemed speaker, daniel shaipo. [applause] >> good morning first of all, a huge thank you for making this happen today it is very fitted to have an energy sponsor sponsoring our even today it is a tremendous honor to be here today so i will start with one simple question how many of you have had an emotionally charged conflict in the last six months? [laughter] ferry enough. my sense is that every person considered a human being does not experience them -- does experience them on a regular basis but had to deal with the most effectively? this is our research has taken me with personal levels at the office or at home how you deal with these more effectively? i will start with a different question. does anybody know what a popple our tree is? -- popular treat -- poplar t

what the president today was doing was proposing an agenda for east asia. that's important because we need tomake sure our allies united because we need to restrain a very belligerent china . heather: he promised he would not apologize , he offered none. >> he didn't and he actually talk about japanese aggression almost directly, not quite and i think that was important also because prime minister all they needed to hear that. everyone wants him to go to the arizona memorial and pearl harbor, i hope that happens and president obama going to hiroshima, that puts pressure on the japanese leader to do so . heather: some people argued that his appearance there, just his appearance would serve as an apology. >> some japanese will take it that way and people in the region will do so as well but when you listen to the president's words, he just really, i don't think put the two together. an important thing here is that the president was into the japanese people, we will stand with you. we are your friends. we are your allies.because the chinese want japanese islan

as far as east asia goes, our alliances with japan and south korea, growing alliances elsewhere haveot prevented every war or global war or trans-pacific war. alliances, horribly frustrates. we need them, the more the better. ashley: interesting. very quickly, 30 seconds, colonel, what would you tell donald trump if he was president how to deal with isis? we continue on daily basis to hear of their attacks in iraq now. what would you do to fight isis, what would you tell mr. trump? >> it would be hard advice for mr. trump to follow. it would be walk softly and carry a whack inch big stick. ashley: i think he might understand that. that is pretty simple. >> second half. ashley: but will he listen? that's the question. lt. colonel ralph peters as always great stuff. we appreciate it. >> thank you, ashley. ashley: let's look back at the dow. it has been a bit of a selloff. the dow off 181. this is the heat map. there is a lot of red on there. the only dow stocks up, intel leading up .1 of a percent. pfizer also moving higher. apple meanwhile unchanged. rest of them moving lower. >>> thi

speaking of rainfall, let's look at what is happening in east as asia. we're dealing with heavy rainfall. over a week period in some portions of china we saw close to 500 millimeters of rainfall. i know it's a rainy period but that's a lot of rainfall. we have a stationary frontal boundary that will sway toward the east. we're looking at wet weather across the area from eastern portions of china through the korean peninsula and also into japan. we're looking at wet weather coming up on tuesday. you need your umbrellas from tokyo and hong kong and taipei. it will be a wet day throughout tuesday. >>> wrapping things up with a look at europe. you might notice the low pressure system sitting off the coast of spain. it's a cut off low. the jet stream is not pushing it. as long as it stays cut off it's going to wrap itself over the same area bringing rainfall over the day on monday. look out for the possibility of unstable weather. maybe thunderstorms. we have another area of unstable weather through the bealkins peninsula. here is a look at the extended forec

stocks are looking east to asia.oining us now from stockholm is hans peterson, global head of asset allocation at seb bank which is $96 billion under asset management. is it overblown to say you are fleeing u.s. stocks? >> that's putting it a bit aggressively. we are decreasing a little bit but we still hold u.s. stocks. we are moving toward europe and the little bit of asia. are you decreasing or equity holdings? the fed will hike the interest rates. secondly, margins are going a little that lower in the u.s.. in that european area it's quite high. it makes us less motivated to hold u.s. equities right now. we have decreased a bit. the fed minutes were the big macro story. have you changed your view on how many hikes you think will come from the fed? i think you're going for one in the autumn. have you changed your outlook? easy to jump's around in those estimations. they are trying to signal something. we have to take that into account. the important thing is that they are hiking. the pace of the hikes will commodi

bank in europe, in east asia, has to behave like a u.s. person here in washington or here in new york. our sanctions on the other hand do not control the actions of non-u.s. persons. whether or not the currency they're using is the dollar, the euro, the pound or the yen. so to be very specific, every foreign bank in the world has u.s. dollars in their possession. it is, thankfully, the international currency of choice for international trade. that means banks in europe, japan, china all hold dollars in their vaults. our sanctions don't extend to those dollar bills. and foreign actors aren't under our jurisdiction if they choose to give those to any actor, including an iranian actor. i just want to be clear in response to off-shore dollar clearing. mr. royce: but that seems to have a different intent than the response the treasury secretary gave me when i asked him in the financial services committee this question. i asked the treasury secretary, i think it was two months ago, if he stood by his testimony during the agreements consideration

disputes should be resolved peacefully [ applause ] and regional institutions, like asean and the east asia summit should continue to be strengthened. and that's the kind of support america offers this region. i look forward to advancing the spirit of respect and reconciliation this year when i become the first u.s. president to visit laos. in the south china sea, the united states is not a claimant in current disputes, but we will start stand with partners in upholding principles like freedom in accordance with international law. as we go forward, the united states will continue to fly, sail and operate wherever international law allows, and we support the right of all countries to do the same. [ applause ] even as we cooperate more closely in the areas i've described, our partnership includes a third element. addressing areas where our governments disagree. including on human rights. i say this not to single out vietnam. no nation is perfect. two centuries on, the united states is still striving to live up to our founding ideals. we still deal with our shortcomings. too much money in poli

by contrast, migrants from the middle east and asia have taken the shorter journey from turkey to greecepe and turkey have largely blocked that route. this week, the police removed thousands of mostly syrian and afghan migrants stuck on the country's northern order with macedonia. the police have taken them to official caps nearby. -- official camps nearby. in sicilys arrivals show the other routes used by african migrants remain in place. they are still willing to risk their lives to get here. bbc news, rome. ♪ all this week, we have been bringing you a series of reports looking at the science revolution in china. our focus is on the neutrino, a fundamental particle making up the universe and one of the least understood. under a mountain in southern china, they are trying to unlock those secrets. rebecca morelle has gone to take a look. ♪ scientists are on the trail of one of the most elusive particles, called neutrinos. they are everywhere. trillions of them are streaming through me. the only problem is you cannot feel or see them. they are incredibly difficult to study. down here, the

losses seem to be concentrated across the big markets in east asia with the exception of shanghai which dances to its own two. -- postelection bliss. a nine-month high following elections which took place last monday. it has been very risk averse here. markets have not been able to shake this. we are not looking at sharp declines but it is consistent. over the last three weeks, asian shares have only closed higher on 30 cases. it is worth mentioning a few things to note. gdp came out of malaysia and our ago better than expected. we heard from a lot of central bankers today. we had a decision out of south korea. the currency is weakening against the dollar by half of 1%. a fairly unanimous decision. on point. governor tookrea the conceptab at that help has to come from somewhere else. he said the current rate is not sufficient to support the economy. it is supportive but not enough. we also heard from the bank of japan governor. that they do have scope to ease at the moment. if it time he said. dollar-yen barely budging on that. there he quickly. it is a big weekend in china. a lot of da

eisenhower's view of east asia, mao zedong, it was still closely aligned to the soviets. in 1954, the soviets refused to sell the chinese submarines. in 1958, the chinese refused to put up transponder station so that the soviets can control their submarines in the pacific via china. there's already lots of tensions. people don't pick it up to i think you can say that the biggest intelligence sailor of the post 1950 period is the length of time it takes the west to realize that the eastern block is fundamentally divided and that provides strategic opportunities for the west. as far as the middle east is concerned, eisenhower believed, like most of our american policymakers, democrats and republicans, that it would be possible to take these newly independent ex-con is and turn them into pro-american liberal democracies -- independent ex-communist colonies and turn them into pro-american liberal democracies. he got egypt wrong. you could argue the first american president -- he regarded israel the cause of instability and he was angry about the 1956 war. i wouldn't say that

let me just say by way of introduction, he is entering director of the east asia program at syracuse university, and the former vice president of the foundation. in that capacity he has done a lot of good work and research and is also a trustee, us china relations. he graduated magna cum laude from harvard college concert with the u.s. army in vietnam, holds ma and phd degrees from stanford. his book is already been reviewed, and we are very much looking forward to his presentation today. >> thank you very much. it is a special privilege to be here. this is where the project started. i wanti want to take this opportunity to not only thank you for being here to express my heartfelt thanks to all the staff of the wilson center, to christian for his encouragement and support for this project and other work, to hamilton, director is a public policy fellow in 2010, hathaway who is zero with us today, former director of the asia program. i also want to express appreciation to bill brown, the person who introduced me the chinese colleagues in the city of xuzhou where john birch was laid to

seeing some modest gains across south east asia.ooking at the rest of the region, it has been one lacked conviction. have some stronger gains coming through in the afternoon session. reversing up by .4%, course. the yen is starting to creep up a little bit. it is to be comfortable spot in terms of what it means for the bottom line. as an inauguration day hinted at perhaps a new economic model that involves fewer ties with the mainland. we see stronger gains coming to from australia led by his energy names, miners doing quite well despite that tumbling in the iron ore price overnight. much of that is the recovery rally. many of these stocks have been heavily sold off. kong, thens from hong hang seng up at this moment. malaysia is flat, we did have central bank and action from indonesia and malaysia yesterday. not too much of a reaction. regionally speaking, it is not been a great month. the fourth straight week of declines, this is the worst stretch sent september. talk about the yuan. of a move today, but it is on track for its wors

interests are focused there, but wars in the middle east and the rise of the islamic state has made it difficult for the administration to stay focused on asia and places like vietnam because there were are these immediate emergencies that pull the u.s. back into the middle east. host: aj and, good morning. illinois, democrat line. -- adrian, good morning. illinois, democrat line. caller: thank you for having me. they are reporting this morning that this trip is nothing more than a policy toward an outside to know his thoughts on this. host: what news outlet? caller: fox news. host: thank you. yes, this is a line of criticism that you have from the right of center. it is different than the situations of iran and cuba, but yes, the president has been adopting a consummate terry approach -- a consummate n approach toh -- a iran, and they decided that years of embargo had not succeeded in producing any change on the ground in cuba, so it was time to take a different approach. with vietnam, i don't think there will be any apologies from the u.s., but there will be a discussion about how the two countries can forge closer strategic interest, and

strategy in the asia-pacific region and the threat of arms trade in east asia with foreign policy experts. that's live at 10 a.m. eastern on c-span. in the afternoon a discussion on the israeli-palestinian conflict and the challenges of reaching a two-state solution. it's from the center for new american security, that's also live on c-span at 1:30 p.m. eastern. >> i think today we, in effect, to sort of catch up with the 20th century. we've been the invisible half of the congress the past seven years. we've watched our house colleagues with interest, at least i have with interest, and the tv coverage of members of our colleagues in the house. >> today as the u.s. senate comes out of the communications dark ages, we create another historic moment in the relationship between congress and technological advancements in communications through radio and it's. >> fifty years ago our executive branch began appearingen television. today marks the first time when our legislative branch, in its entirety, will appear on that medium of communication through which most americans get their information

countries depend on our leadership, this is most obviously true of our allies and western europe, east asia and elsewhere. frankly, even countries that are so times anything but friendly cigar engagement. does that mean we're perfect? it is not. in the major mobile conflicts of the last century, world war i, world war ii, the cold war, the united states played stork role in defeating imperialism and totalitarianism. so the question is, how should the united states engage in poor policy? how do we formulate policies that best serve the united states as we begin to approach what many consider to be the end of the unipolar era. first of all, i want to say that in my view and this is been my view drama look service. way back before i secretary of state, international leadership does not involve the choice between sending in 100 first airborne or doing nothing. we can leap politically, diplomatically, and economically without putting american boots on the ground. i believe the united states should chart a course based on a paradigm that i would refer to us selective engagement. this approach whi

you can see the eighties off the far east bay and '70s and east asia or light.ill be cooler in the west where the pattern is coming from. along the coast is also to the north bay. some was responsible for the cloud cover not here to mark. it would be here tomorrow and will have a shot at some rain by saturday. east bay shoreline we have these temperatures. >> dave: here this notice a bit by bit dropping down 67 in friday. saturday with the shot rain. >> robin: traffic is not improve much. on 92 getting across the san mateo bridge is not improved. it's packed up and in the freeway at south a connector is often a lot of the high-rise. belmont and several retail it is still growing. if you plan on connecting to 11 it will be a slow drive. a dry type here it's about 23 minutes to get to a word to 11. >> dave: >> robin: the back of still holding up in castro through the toll plaza. it slowly improving and moving to proms on the span. the lesson 50 minutes from the toll to 11. >> robin: the sure freeway is recovering from some earlier fender benders. in hercules to th

and has been an american and leadership role to keep the peace in east asia andod europe around the world for our own good and donald trump would tear that up that is a terrifying possibility. >> council of foreign relations thank you for your time. >> this happened when the rb officers started to half power in 1936 to send the shock wave of alarm throughout the of world because here is a major country in europe there right tweeting military quickly backed by hitler and mussolini who said arms in tank drivers eventually sending 80,000 ground troops. in here making a grab for power. people all over the world felt if not in here, where? >> let me begin by offering our thanks to our two justices said the former justice john paul stevens and justice kagan would each generously given their time to be with us this evening and i am very much looking forward to this conversation. thanks to both of you. [applause] and justice stevens let me start with you, going to the supreme court december december 19, 1975. the world stage quite a bit over the 35 years. is the supreme court also achieved in the

bank in europe and east asia has to behave like a u.s. person here in washington or here in new york. our sanctions on the other hand do not control the actions of non-us persons. theyer or not the currency are using is the dollar, the euro, pound or the yen, to be very specific, every foreign bank in the world has u.s. dollars in their possession. it is the international currency of choice for international trade. banks in europe, japan, china will have dollars in their vaults. our sanctions don't extend to those dollar bills straight foreign actors are not under our jurisdiction if they choose to .ive those to any actor i want to be clear as to the contours of our jurisdiction in terms of off-shore dollar figuring. >> that seems to have a different intent than the response the treasury secretary gave me when i asked him on the financial services committee this question. i asked the treasury secretary if he stood by his testimony during the agreement's consideration, which we were assured they would not have access. instead of shutting t

this is most obviously true of our allies in western europe and east asia. frankly, even countries that are sometimes anything but friendly seek our engagement. does that mean we are perfect? of course not. in the major global conflicts, world war i, world war ii, and the cold war, the u.s. played a historic role in defeating imperialism and totalitarianism. the question is, how should the united states engage in foreign policy? how do we formulate policies that best serve the united states as we begin to approach what many consider to be the end of the unipolar era? i want to say that in my view, international leadership doesn't involve a choice between sending in the 101st airborne or doing nothing. we can but politically, diplomatically, economically without putting american boots on the ground. i believe that the united states should chart a course based on a paradigm that i would refer to as selective engagement. this approach which would continue the internationalism that our nation has embraced since 1945, would recognize that the united states has co

the vietnamese government is interested in this trade agreement, and like other countries in south east asia and asia, they want more opportunities to sell their goods to the u.s. and to other countries in the area, and they also are ready to open up the gates to more imports from the u.s. they think there is something to be gained on that, and they are ready -- they say they are ready to abide by the new rules about the environment, trade agreements, intellectual property, and as far as the u.s. economy is concerned, the administration would say to your question, well, the only way to move forward and get better paying jobs and to pay down the debt is to grow the u.s. economy and to do that through trade, and bernie sanders and some other people say no, either the trade agreements have to be renegotiated or negotiated in a more beneficial way for the u.s. were we should perhaps protect parts of our economy to have some sectors that we simply protect the terrorists. host: let me conclude with this point, i we had a good pivot point with regards to the u.s. and vietnam? i we had a better poin

bank in europe and east asia has to behave like a u.s. here in washington or here in new york. our sanctions on the other hand do not control the actions of non-us persons. whether or not the currency they are using is the dollar, the euro, the pant pound or the yen. to be very specific, every foreign bank in the world has u.s. dollars in their possession it is, thankfully the international currency of choice for international trade. that means banks in europe, japan, china, they all hold dollars in their vault. our sanctions don't extend to those dollar bills. foreign actors aren't under our jurisdiction if they choose to give those to any actor including an iranian actor. so i just want to be clear as to the contours of our jurisdiction in response to offshore dollar clearing. >> but that seems to have a different intent than the response the treasury secretary gave me when i asked him in the financial services this question. i asked the treasury secretary, i think it was two months ago if he stood by his testimony during the agreements

because we want to continue to strengthen our cooperation with the multilateral organizations like the east asia summit and asean where we think we've seen some very real progress over the last several years on everything from commercial issues to disease control to humanitarian issues. one of the things that we increasingly discover is it's harder and harder to solve problems by ourselves. it's much easier for us to be able to tackle big problems like climate change or the outbreak of disease or responding to humanitarian disasters when we have an architecture of cooperation already established. so on all these fronts, we've seen remarkable progress. the announcements that we're making today, i think, should give people an indication of the next stage of the u.s.-vietnamese relationship. these are big deals, all the things that we mentioned here today. and it indicates a broader and deeper relationship that i'm confident will continue to grow in the future. >> our final question comes from angela keen with bloomberg. >> thank you. president obama, the transpacific partnership seems fairly stall

the last month we should say, that lots of factors are moving from supply to demand to middle east to asia to the u.s. to the dollar factors, the financial factors, either way it's been resilient. another good week last week for oil. another good start to the day. we are closer to 50 now. >> and with the stronger dollar last week, too. >> let's talk more about the dollar. in that regard, san francisco fed president john williams says the u.s. economic outlook is in his words, quote, definitely looking good. they are suggesting two to three rate increases this year. and the next policy meeting is june 14 and june 15. so he doesn't represent everyone's views at the moment. >>> the housing sector will see the national association of home builders put out their numbers today, housing starts and industrial production as well today. on up wednesday, minutes from the last fed meeting. of course, always parsed for any indications on how they view the risk facing the u.s. economy. thursday it's the philly fed survey and on friday look for existing home sales. as far as earnings, the retail theme co

our security is served by having a peaceful and secure europe and east asia. we have been the biggest since 1945.s if you tinker with that, you create an opening for a global predators like putin or isis. barack obama has done that to some extent. president obama has pulled back from some of our commitments in the middle east, with consequences. trump, those consequences would be magnified times 100. the big losers, there is no european nations would lose if the american security umbrella pullback, but the biggest losers would be the united states of america. the biggest beneficiaries of the free and liberal world order that we have to edit and underwritten since 1945. donald trump does not understand that and the caller does not, but american presidents of both parties have understood that. michigan, republican line. brad is next. i would like to know what is wrong with negotiating trade agreements. it takes care of the american worker first and stops on countries from manipulating currency. simple enough 20 two through a security check to know who you are al

this is most obviously true of our allies in western europe and east asia and elsewhere. frankly, even countryies that ae sometimes anything but friendly seek our engagement. does that mean we are perfect? world war 1, world war ii and the cold war the united states defeated imperialism and total yannism. how should the united states engage in foreign policy. how do we formulate policies that best serve the united states as we begin to approach what many consider to be the end of the uni polar era. first of all, i want to say in my view and this has been my view throughout my public service back before i was secretary of state. international leadership doesn't involve a choice between sending in the 101st airborne or doing nothing. we can lead politically, diplomatically and economically without putting american boots on the ground. i believe that the united states should chart a course based on a paradigm that i would refer to as selective engagement. this approach would continue the internationalism the nation has embraced since 1945 would recognize that the united stat

sanctions have extraterritorial effects around the world, which means if a financial institution in east asia, africa, europe or the gulf engages in transactions with any the missile actors, the human rights designated actors, thanks to congress, they face the secondary sanctions, namely a potential cut off from the u.s. financial system. those are supercharged sanctions, and is only thanks to congress' efforts. though stand behind every designation we issue even since implementation. that's why the chairman and i feel so strongly that congress needs to continue to be involved. wonderingwith -- i'm if ambassador mull has anything to add. mr. mull: i think mr. szubin stated clearly that we knew sanctions on iran's behavior outside of the nuclear agreement would not be a violation of the jcpoa. we been clear about that publicly as well as directly with our iranian counterparts when they try to make that argument. we've been very clear throughout the negotiations and as recently as my last meeting with a , thatce last week sanctions on such things as missile launches which are inconsistent with