india's neighbor, china. canada's close ally, the u.s. has been courting india as a bulwark in the indo-pacific. this dispute could have a ripple effect on that. >> which brings us to how has the u.s. and canada's other allies responded? >> neighbors the u.s. and the u.k. said they're concerned over the killing, but they stopped short of blaming india. the u.s. national security advisor simply said his country is watching the investigation closely. >> we are in constant contact with our canadian counter parts. we are consulting with them closely and support the efforts they're undertaking in this investigation and we've also been in touch with the indian government as well. >> at the moment canada has yet to release its evidence showing india's link to the killing. until it's made public, we can expect the u.s. and other g7 members to choose very cautious language. they only want to endanger ties with the most powerful allies in asia and in china. >> mariko, thanks very much. >> that was nhk new york correspondent sato mariko reporting. with analysis from india let's bring in nhk's new delhi bure

including that india u.s. and eu appeared a prime minister choosing to do this.have we correct this on the world stage? >> i am not sure if they were prepared for the statement on monday. i think what she described was not a trade deal. there are lots of different ways that countries will participate in the natural issues. a record investment, it is a single biggest investment by this country to help with climate finance. the uk taking a leadership role in helping countries adaptive mitigate the climate change. >> we were hit by these devastating news that all would be closed. the loss of 12,000 jobs. hq and a distribution center with 1500 jobs set to go. we have been mismanaged for years. over 77 million has been paid out to shareholders. recently sold for 48 million before being back. in the prime minister ensure that he and the government will do everything in their power do everything to make sure that there are pensions broke connected and doing whatever for the ownership accounts. the next some of the topics that he raised for the company. i do know that th

the india-u.s. relationship has been transformed, at least for the past couple of decades. n a work in progress since that, through every u.s. administration and indian government that has come in since the year 2000 is what i would say. we are at a point where the two countries are closer than ever in -- particularly in terms of their strategic relationship. and if you look at the joint statement was issued tonight after the meeting between biden and modi, you would see that the breadth of the relationship, particularly in defense, aerospace, civil nuclear, emerging technologies, basically the future,pace -- so a lot of the future technologies, a lot of the future areas even in terms of climate, india and america are visiting themselves to get -- are positioning themselves together. that was very, very interesting. christian: conceptually, indrani , the g20 makes a lot of sense, because the world economy has shifd, shifted to this part of the world. but actually as peter says, since 2008, 2009, they did an awful lot during the financial crash, but since then there record is

u.s. strategy for asia. cooperation with indiather countries in the region, with xi jinping missing. there is an opportunity for biden to step into that nbn architect on what the world looks like coming together in the next few years. >> if we look at india specifically, in addition to reports of ongoing human rights abuses we have seen in recent days and weeks the clearing of slums in new delhi, the building of walls to hide camps ahead of the world leaders, the world's media descending on india. how should joe biden address that? >> many of us talked about that when mr. modi visited the united states in june for the white house state dinner and for the very important and breathtaking deliverables announced back then. that is certainly a key issue to the united states into the world. india being the largest democracy in the world, how did they embrace their diversity? how did they embrace the goals of their constipation -- the goals of their constitution and we the people. america treating everybody equally. now they are growing

ambassador to canada confirmed there was a partnership to support what trudeau was saying to india. the u.s. government has major interests in maintaining a positive relationship with india. a couple weeks ago you welcomed india reducing tariffs on certain american al cugricultur products. how do you send india a message it's not okay to send someone to assassinate someone on canadian soil? >> the u.s./canadian relationship in trading is extremely important. we have quite a number of issues when it comes to india with trade. my focus is on what i can control which is the trade relationship between the united states and india. we need to work to break down barriers. we welcome the tariff relief, but there's more india needs to do. >> mr. secretary, thank you for being with us. jim? >>> cnn obtained a new survey by bank of america that 2 out of 3 employees feel prices are rising faster than their paychecks. why this could be a problem for president biden. >>> both biden and trump are headed to michigan this week to battle for that swing state. how support for the unions could play into this.

india managed to convince the u.s. as well as its allies to use the language that is acceptable to everybody at the table. they turned down the language and pushed back in with the u.s. wanted, which was russia's aggression against ukraine. so here with a communique, everybody is feeling pretty triumphant, including the european union. there were other successes as well. we know that in terms of the loans being extended to emerging economies, the u.s. has agreed to expand the capital to the world bank. we have been talking about the structuring of multilateral department banks. that was part of the conversation. also a win, the g20 will include the african union. . just like we saw the expansion of the brics summit a week and half ago. vonnie: vonnie: with china or not there, it has allowed for all different of alliances and breakoff meetings and that is where these came from. or did we hear about the u.s. wanting to counter china's belt and road initiative in the middle east? haslinda: er right, it was not just an opp

u.s.-india relationship will be a priority this week. we highly value our bipartisan relationship with india. this is my fourth time in india over the last year. making at the country i visited most frequently as treasury secretary. we also welcome prime minister modi to the u.s. in june. the u.s. is home to the largest indian diaspora outside of asia, and is india's largest export market. expanding our bilateral economic ties and our cooperation on global challenges is crucially important to us. and let me stop there. with that, i'm happy to take your questions. >> thank you so much for doing this. the world bank, among others, has also expressed concerns about high interest rates in global growth. i'm curious for what you are hearing from other countries about the risks to global growth and how that is shaping the priorities you just outlined? >> certainly we are aware of the risk to global growth. i would say the most important negative influence is russia's war on ukraine, which has escalated energy and food prices, and as many g20 m

the g20 is made up of the biggest economies, including the u.s., china and the european union, as well as emerging players such as indiabrazil and turkey. u.s. president biden has already met with the indian prime minister. two thirds of the world population is represented at the summit, but the leaders of china and russia are staying away. our chief international editor is in delhi with more on india's's aspirations for the summit. reporter: india's moment in the sun has arrived on the eve of the g20 summit and it is providing a glimpse of the kind of role india will be seeking on the global stage in the years ahead. it is positioning itself as the voice of the global south, pitching an agenda at the g20 that is focused on development issues and resisting any sins that the summit will be completely torpedoed i the very deep divisions that exist over the ukraine war. potentially the most positive thing to emerge from the summit this weekend could be a proper invitation for the african union to join the g20, which would bring in a body representing 55 countries on the continent of africa into the g20 and turning it from

india. there was a lot of negotiation, and in the end it was the u.s.t allowed the language to be softened when it came to describing the war in ukraine, firstly u.s. and its allies were pushing for the weathering of russia's aggression against ukraine, but they were willing to soften the language to get everybody on board. in the end, that was exactly what happened. also a win because the g20 now expands in terms of its membership, to the african union , a similar story when it came to the meeting. and they might have been a plan to expand capital infrastructure building for an low and -- low and middle income economies. we have been talking about restructuring and multilevel banks like the world bank are in talks to let that happen. >> what is this about the u.s. wanting to counter china's road in the middle east? >> that's always been part of the plan, we all knew that was a value proposition, and among the plants that were revealed was a deal signed by the u.s., the u.k., saudi arabia, israel and some of the members of the middle east to build rail

at the week and seven global economic cars came together including india, the u.s.and the eu to agree on monumental trade agreement but not the uk. kenda prime minister say if he chose not to sign up because he thought it was presently a bad deal, or was uk left out altogether because this prime minister has a weaker repetition of the world stage as he does at home? >> mr. speaker, i think, i'm not sure if the honorable lady were here for the statement on monday. i rather think that. think what she's describing wasn't a trade deal. she should get her facts right. and as i explained on monday, as i explained on monday, the are lots of different ways the countries will participate in solving its national issues. we had to say and conference yoo mentioned the same summer, we are not a record investment to the green climate fund. it is the single biggest investment by this country to help with international climate finance and it was warmly welcomed by countries at the summit who can see that the uk is taking a leadership role and helping countries adapt and mitigate cl

india wants greater u.s. presence in the indian ocean. the u.s. has been pretty much focused on the south china sea, the east china sea as well, but not quite the indian ocean where india's strategic interests live pretty the u.s. wants india to give a greater commitment to pushing back russia. india it remains a buyer of cheap indian oil and it wants to stay neutral in the ukrainian war and that is why the issues -- that is where the issues lie between the two nations. haidi: haslinda amin joining us live from new delhi. coming up, equity markets lag while bond markets are usually right. we will discuss what that means next. ♪ ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh i need it cool at night. you trying to ice me out of the bed? avalarahhh b

u.s./india relationship. a senior administration official just telling reporters a few moments ago this is perhaps the most consequential bilateral relationship of the 21st century, president biden making this visit now. he, of course, invited prime minister modi to the state just a few months ago. more than a half a dozen this year by biden's cabinet to india and this is obviously one of the most important relationships for the administration leading into a very important summit. you mentioned what is the dominant story line of the g20 summit, the absence of russia's vladimir putin, of china's xi jinping. and from the perspective of biden administration officials, they say on the one hand, this is disappointing, that president biden has valued these international summits as an opportunity to, of course, with our close allies, but even sometimes with some of our, let's say, geopolitical competitors, demonstrate that there are areas of common ground that they can find to demonstrate that these governments can

we know that there are tensions with india and the u.s. at the moment.do you think implications are if president xi is not there. >> it will be too bad if he's not there. obviously good opportunities to continue to mend fences and have the types of dialogue that are really essential for avoiding conflict. according to published reports, president xi does not want to give india a showcase for its economic success on the heels of his recent lunar landings, successful lunar landing, i think those are really petty concerns. it is too bad. >> i want to ask about the commerce secretary, who was the fourth cabinet secretary in three months from the biden administration to visit china, all of these visits were aimed at according -- putting guard on this relationship and establishing lines of communication. at the sam time, we did not see any breakthroughs. what do you think was achieved? >> this helps to heighten the level of communication between the two countries. after a deep freeze last year. i think that is good, actions speak louder than words. we want to

reporter: back to india for a minute, does the u.s. have any intelligence or investigative intelligence to support canada's claims and garcetti requested president biden was going to return to india to celebrate republic day and wonder if the trip is in question given this diplomatic row between the two partners. jake: i'm not letting myself speak on that. we're continuing with consultation with the canadian government and will remain so as we go forward and don't have anything to announce about travel by the president to india in january or any other time today. reporter: do you have confidence that congress will in the not too distant future pass the necessary $24 billion in funds that space between supporting ukraine. jake: what we put together was from september 30 to the end of the year. there's not a single dollar amount that is necessary for all time. we need funding to keep going, meaning if, for example, the congress passed a shorter package, you could have a proportional amount or a package. reporter: does a new package need t

u.s. with a visit to the white house. and janet yellen is now making her fourth trip to india, this all underscores the u.s. onship. much of that also comes from the isolation of china or as critics would good at the self-isolation of china. this would be some of the ingredients in the mix. i imagine china would be some of the key talking points between the two leaders with the chinese economy and the political aspects of this. they will continue talking about defense partnerships, manufacturing partnerships, and digital public infrastructure and a variety of other issues. alix: where does it leave the g20 overall what are some of the deliverables they want to show? >> the g20 is taking place in the back drop off. and the things you have been discussing through the course of a day with the strong dollar, the continued russia u.k. war, the concerns around high energy prices and the slowdown in the chinese economy. in the foreground of the g20 summit, these are the areas that leaders hope to come to decisions to. and the world bank debt restructuring for low income countries and positioning for climate change.

a big win for india and the u.s.as a communiquÉ was agreed to to alleviate poverty and indebtedness. there are concerted efforts to shore up the global south. this is a big priority for president biden at the summit, trying to support low- and middle-income countries like those in brics, brazil and south africa, financially to lean them further away from china and do so by showing up of multilateral development institutions like the world bank and the imf. other things addressed in the communiquÉ included efforts on climate change and of course, ukraine, which is an issue of a bit of contention that the compromise was reached. it did leave language around russia's war in ukraine softened a bit, and some criticism came from kyiv, who felt it was much more soft compromise from what it was 10 months ago. alix: the presser in vietnam that president biden gave, what did we learn there? a lot of partnerships happening? kailey: we did get some material of substance, although the pressure was a bit rambling in the president

let me tell you, today we have india's external affairs minister meeting with the american secretary of state. that is later tonight in american time, in the u.s of the u.n. general assembly. rishaad:. thank you very much. . our bloomberg senior editor in mumbai. you can get her latest updates on all things india. you can subscribe to our india news addition. -- addition newsletter. ♪ haslinda: let's take a look at some of the big stories we are following. the ceo of sony directive entertainment is stepping down after 30 years with the company. he's let the lucrative playstation -- led the lucrative playstation unit since 2019. he will step down underscoring the important -- importance of division. the company seeks a successor. micron it fell in late trading after a steeper loss than anticipated. th companye projected 1.4 million dollars share, estimates say they lost the figure, it indicates an industry slump weighing on the largest u.s. maker of computer chips. an agreement of a five-year partnership with peloton, teaming up on apparel. lululemon will make clothing that peloton will sell on its website and at retail stores. peloton's fitnes

u.s. has been committed to the pacific, but not quite the indian ocean, and that is what modi is pressing for because that is where the strategic issues are for india. in the u.s. wants greater commitment from india to perhaps pull back in its relationship with russia, try to push back on russia's involvement in the ukraine war. remember that india continues to buy cheap oil from russia. yes, we have seen improvement in relations, but there could be further improvement as well. haidi: haslinda amin joining us live from new delhi and our discussions on the g20 summit continue. the former u.s. ambassador to china max baucus will be joining us, and later we will get insights from a professor of finance at the university of new south wales. talks between chevron and labor unions in australia are set to continue friday. workers are ready for two weeks of rolling strikes beginning next week if a deal is not reached. what is the latest when it comes to these talks? is it a managing down of expectations at this point? amy: it could well be. the talks kept going last time perth time until 10:00 p.m.. talks began again this morning but now there is a fresh d

india. as well as the u.s..sident biden said it was a disappointment but instead, the chinese premier was here and he did have conversations with many world leaders. we know we spoke with the italian leader as well as the british prime minister amongst others. in a sense, the western disaffection for china did pay up here in the g20. but it is the world's second largest economy. every single country has strayed from ties with china so it has been a fine line to walk. question certainly something to monitor going into next year's g20 summit which i believe will be held in brazil. thank you for bringing this live from the scene. the prime minister set to meet with the eu commission president. our interview with the greek prime minister's chief economic advisor is next. stick with us, this is bloomberg. ♪ when it comes to getting your flu shot, cvs is pretty... flex. wanna schedule one online while prepping dinner? gravy. avoid the wait by scheduling for you... ...or the whole crew. or if you prefer to just pop in?

india really key and vital to nvidia. one is of course the fact that china has been banned by u.s. be a buyer of high end most sophisticated graphic processors that are key to ai development. ai is the next potentially big market in india is also a really large talent base for ai workers , and also india is a manufacturing site potentially. these are the three things he was focusing on. rishaad: very quickly, is it about talent and is thinking that india could be one of the biggest ai markets in the world? >> india has 5 million coders and that makes it naturally a base where people can be trained in ai. as you saw, infosys and india inked a deal where nvidia will train 50,000 infosys employees in ai and in return these employees will have clients for generative ai solutions and applications around the world, so india's talent is a key element for nvidia, which has 4000 workers in the country. rishaad: thank you so much. our tech reporter out of bangalore. those are images of the ceo of nvidia with his trademark leather jacket. we have a lot more coming up. having a look at markets

u.s. and china. haidi: we will stay on geopolitics. india's20 summit has wrapped up with an agreement on a joint communique that included a consensus on russia's war in ukraine. for more, let's bring in our coanchor haslinda amin, who has been covering the summit in new delhi. you surprised by their decision to stay away, despite the language that was walked back when it comes to the war in ukraine? this is being seen as a win for india. haslinda: i win for india, for modi, and a win for the u.s. and for the g20. remember that coming into this meeting, there was a high-risk we would not produce a communique. that failure would be a stark contrast to the success of the recently concluded brics meeting. so it is awaiting for just about everybody involved in the g20. for modi, it was a chance to step up and a chance for him to perhaps cement his position as leader of the global south, and xi jinping's absence allowed him to do just that. we talked about how that was a communique? it was not just the success of a communique, it was produced on the

america's close ally canada very angry at india at the same time that the u.s. is trying to get india to pivot more towards the west and less towards russia's side in the midst of the fighting in ukraine. and of course the economic battle against china. now, intd ya denies its government was behind the attack in canada but says they do consider the sikh man who was killed a terrorist. >> thank you, scott. >>> all right. time for a look at the forecast. we can see san francisco, a little cloudy or foggy this morning. >> yeah. >> will that burn off? >> it should clear out a little bit for a couple hours. we're also starting to get more smoke coming in, so that's making it look hazy across parts of the bay area. dublin, we are seeing worsening air quality due to some fires that are burning farther to the north. none of them are close to the bay area, but if you're stepping out the door and you see the smoky sky, that's because we are getting an influngs of some of the smoke coming in from oregon and far northern california. so, now there is an air quality advisory i

important to talk about particularly the advance on a hugely consequential elections next year, india, the u.s., mexico, the european union, possibly the u.k. and so on that yes generative ai might enable bad people to try to generate bad, misleading content, it also allows platforms like ours to act against that more quickly. it is an adversarial space where we are hopefully, that is our task, that we can use the tools more nimbly and effective then our adversaries. the sooner we can get beyond the kind of will it be the end of the world thing, which i think is a paralyzing effect on debate, it caroline: -- caroline:and when there is bias in the here and now. >> yes i think there are here and now issues whether we can -- that we can deal with whether it is misinformation or transparency. i urge lawmakers to kind of fixate on that. caroline: that's the meta-president of global affairs. we brought in that someone who worked as a member of parliament in europe, he understands they are being commissioned and was a government official. he understands that but what about china? ed: it is top of min

u.s. as an alternative to china. host: i have to ask you about india itse.been a lot of publicist today and i push in india using -- and a big push in india using the summit to push its image. what is india trying to get out of this? >> india has worked hard to try to straddle their alliances effectively. they have had a long time alliance with russia but they are also trying to get closer to the west on a lot of fronts but they have been careful to maintain their independence. modi is showing india's role as an independent pole and to be a leader and a spokesperson on behalf of the countries in the global south and those that are still developing. he is showing off india and its ability to be a world leader. host: when we talk about india we normally now talk about china and that relationship. howill that show itself? >> it already is showing itself a little bit in that president xi is not there. president putin also will not be there. that creates an opening for president biden to talk more about the u.s. and its view of the world and contravention to what

u.s. relationship with india? this is an incredibly significant thing. tell you, it's not really something that happens on this continent. >> it's interesting because the five eyes is a very established mechanism. and it's of huge benefit to all five countries involved. normally, they're seeing the same bintelligence, that's basically what canada was saying, information came not necessarily from us, perhaps from america, put into the system and that's what they're basing the views on and that's what justin trudeau is saying. then you ask the question, why aren't the other five eyes members coming out in support of canada and accusing india of the same. i think that just speaks to the global dynamics right now. all of those countries see india as the counterbalance, the best counterbalance to china terms of global dominance. and that relationship just matters so much to america. the uk, by the way is trying to sign a treaty with india. unless she see firm evidence that this actually happened that india was behind the murder, it's very difficult for them t

u.s. in the same level as china, russia, india and south korea. and it comes as biden looks to counter china's influence in the developing world. cnn's anna coren is live in hanoi, vietnam, with more. does this affect the u.s. china relationship and more significantly the u.s. china tensions. >> reporter: that's a very good question. i guess time will tell, obviously watching this visit very closely. president biden will be returning to the united states with multibillion dollar deals. that is what is being done here, the largest being boeing, $7.8 billion. 50 737 max aircraft will be sold. other deals being done, nvidia, microsoft, we know mcorp. and marvel have done deals. this has been highly productive. this is obviously about trade and investment. but it's also about america diversifying its supply chain away from china. this is something that's very important. particularly when it comes to semiconductors, artificial intelligence and cloud computing. something that president biden said that they will be cooperating with vietnam and investing h

u.s.-india corporation.erhaps that's something that didn't sound very appealing in beijing. >> meanwhile, just days after val vladimir putin looking to seize control. we're going to be diving deeper in central africa but surely this just adds to the tinderbox. >> well, people familiar say that a contractor affiliated with the defense ministry. we'll be take change of waggner's operation which is one of the main places in africa where the group has been very active. people familiar also say that russia will. the russian military will take charge of other operation throughout africa. waggner has a place in libya, in sudan including the central republic. having waggner be in charge of the presence there did potentially give russia plausible denybility that it wasn't directly involved with those operations. the plausibility there was stretched though since it was pretty clear all along. so this takes all the pretense away and makes it more clearer that this is directly under vladimir putin. >> diplomatically put

u.s. or india or somewhere else. concerns have been expressed that data transfers to the u.s. might be called up in bulk surveillance by national security agencies. twice european court of justice has ruled the existing mechanism to protect data transfers to the u.s. is insufficient. the last three years the u.s. and eu have been negotiating a new arrangement, data privacy framework, which we will talk about today. it is not just about u.s. and eu. the last few years other arrangements seeking to cover the transfer of personal data has arisen around the world. were going to talk about those and how they may intersect with the eu u.s. framework. as increasing amounts of personal data move around the world, how can you be protected without creating multiple conflicting systems of government? we have a great panel to discuss this. we have lucrezia busa from the european commission. she is on the part of a step a commissioner for justice the d.a. renders -- justice didier reynders along with working on the privacy framework covering artificial intelligence, policy and values and t

u.s. and india is working on, but the consensus is a challenge. frank, back to you. >> tanvir, great to have you on the show. thank you very much. let's talk more on the agenda at the g20 summit. modi flexing his political muscle and that cloud hanging over the gathering which is the absence of xi jinping. josh lipsky is joining me from the atlantic council and former imf member. josh, great to have you here. >> thanks fore having me. >> josh, break it down. xi not coming to the summit. is that a big deal? >> it is a big deal not to have xi to the summit. it is not just the first time he ski skipped a summit, but any leader skipping the summit. if the world's second largest economy is disengaging from the g20 may not have an impact on the g20 in india now, but when we needed to coordinate stimulus and outbreak of covid and health policies and actions they took. you need the g20 together with a crisis. if we get into a situation and we don't have china full support for that institution, we could feel the impact of that down the r road. >> josh, you

u.s. the g20 hosted by india along with the u.s. and south africa there. all reaffirming the group as the premier form for international cooperation. start with you, erin. what did the president accomplish on this visit and was this accomplishment in anyway aided by the absence of xi and putin? >> you know, i think it's a paradox here, victor. the fact is xi and putin didn't come left a lot of running for the president to demonstrate in effect the united states could be a secure economic partner. particularly the latter for a lot of countries in the so-called global south which is a complicated bloc. eager, i think, to benefit from the economic proposals the president brought. particularly leveraging $200 billion for food security and infrastructure, and digital reform. the reality, though, is that that declaration, g20, consensus, most experts believe they would not reach was reached in large part because there are any number of nations who are simply not willing to follow the american need if it means alienating russia and china, and i think the administ

u.s. and india to create a deeper connect with the global south.ia to assert its aspiration to be a leader of the global south, given that china is not here, and for the u.s., to step aside from the headline grabbing u.s.-china conflict issue and talk to nations they want to build deeper ties with. i expect we will see interesting headlines emerge over the next few days has both countries moved to do this. jennifer: potentially news that is coming not at a great time but india's military is looking into options and in case of a chinese-taiwan war. what do you make of this? >> interesting skip by my colleagues. what he has reported is the defense chief has commissioned a study to examine the wider impact of any such war were to take place, and if it were to involve the u.s. and other allies come of them what situation and position does that leave india in, and what would india have to do? this is preliminary so i will not get into more detail but i will use it to underscore the critical issues that face the world today, and that will be discussed th

india. lessee where that goes. whether there is any kind of response from canada. >> what is going on with the u.s.? and canada of course. that is a key ally for them. where does it leave antony blinken and his crew? question we have heard from anti-blackness saying that there can be no problems, they specked india to cooperate. we saw them talking about how any kind of comments of prejudice -- he did not like clearly say who it was meant for, those remarks but india's interpretation was meant for canada. from new delhi, it seems to be there is a different kind of signal they are getting. one from the ambassador and one from washington. >> always great to talk to you. we will have a look at what is going on there. they will keep the focus on india with jp morgan's annual investor summit. we will talk us busily to the bank global deals had. that is next. this is bloomberg. ♪ that makes it very, very cumbersome. ♪ it's not just tech, it's not just people. it's how they work together to provide that experience to the customer. as a finance organization that is what you want to do. ♪ >> there we go. we a

he's using the visit to deepen ties between india and the u.s. ential rail and shipping corridor that would connect india with the middle east and ultimately europe. the project would be a game changer for global trade, enabling for a greater trade among the countries involved. biden is also using his trip to push for more investments to address climate change, as well as to make the case that russia's war in ukraine is straining the economy of many nations in attendance. going forward, the white house hopes to strengthen the g20 as an international l form. >>> also today world leaders at the summit were able to agree on the g20 final statement a day before the summit formally closes. as part of the agreement, the africa union joined the g20 as a permanent member, giving africa nations more of a voice on the global stage. the african union has 55-member states. today's g20 statement also includes details on global debt, climate change and cybersecurity. >>> former white house chief of staff mark meadows had been seeking to move his georgia crimina

u.s. president joe biden is wrapping up his final hours in india before leaving for vietnam. ess is a wreath laying ceremony at the gahndi memorial. despite the notable abaccepts of the russian and chinese leaders, the u.s. delegation has expressed satisfaction with the summit over all. but, ukraine harshly condemned that statement for not explicitly condemning russia's invasion it said that the g20 had nothing to be proud of. live this hour from new delhi, which, you've been covering the summit. and, yeah, world leaders are visiting that memorial, before we talk more about the statement on ukraine, speak symbolism that we're going to see. >> that's the venue and the location that holds the founder of the nation, gandhi's ashes. today you're saying, almost all leaders who are here, converge at the in new delhi. the india prime minister is welcoming all of these global leaders here for the g20 summit and he's putting around their necks a scarf. highly symbolic, because, gahndi did endorse this hand-woven, spun scarf when he was trying to endorse the world ideal of being self-su

u.s. president joe biden and other allies. this awe dis now no closer to b solved. canada and indias with india firing back that canada shelters extremists. india has sought to put down the separatist movement to divide india. it labeled the man a wanted terrorist in 2022. while canada is leaning on what it describes as solid evidence, canadian police are still asking for the public's help, telling cnn, this homicide remains a priority investigation. make no mistake, the thought that india possibly, allegedly reached right into canada and pulled the trigger on someone they wanted to silence for political reasons is chilling to the si hsikh community and all canada. at issue is the white house, biden's indo-pacific strategy. they hardly wanted this. they are trying to use india as a counterbalance to china. having said that, unless true do can come up with evidence and show everybody or they get the suspects and it's revealed in court, most allies, including the white house, are ready to just stay on the sidelines of this and watch it unfold. >> thanks so much. >>> new information on

because ever since the ukraine war started, india has been able to explain it to the u.s. an countries, that its dependence on russia for military hardware is so high, and with an active border dispute with china going on, it is impossible for india to all of a sudden stop buying military hardware from russia. but business from russia has dipped, according to the separate report. but russia remains the largest supplier of military hardware to india. rishaad: there are only buying a dozen fighters. according to the air force, their shortfall runs into hundreds. reporter: yes. that is exactly the balancing act that india is trying to do. where is the balancing act? while there's a lot of fighters, they are buying 12, and that is to make up for the same kind of fighters that have crashed in the past. they were inducted into the air force in 1998 and onwards. there are about 272 fighters. that's -- of those, about 11 have crashed. that is where india comes in, saying we are maintaining a minimum with the northern borders with china and western borders with pakistan, and therefo

u.s. -- india, saudi arabia, nothing this poor project to connect, counter the belt and road initiative,normalization further of mbs into the international community, mohammed bin salman? >> i think the normalization of mbs is complete, and it shows how little g20 leaders really care about human rights. i think that is evident also in the courting of narenda modi. but what will this new initiative achieve? i will wait to see if they put their money where their mouth is. there have been many attempts by u.s. and europe to counter the chinese influence, as they call it, in terms of the belt and road initiative or other kinds of things. but they just talk a lot. they don't really put money in it. the difference is china puts certificate resources and generated significant investment. let's see if that happens. at the moment, i'm a little doubtful. amy: what about the calls on g20 nations to agree on increasing taxes on the global wealthy? in the last decade, billionaires have more than doubled their well from $5.6 trillion to $11.8. you are among the signatories of the letter along with ber

provocation more than anything else, and it is essentially -- they're essentially punishing india for that. >> u.s. officials hope president biden and president xi can meet in san francisco at another summit. vladimir putin not going to the summit either but the russians will have a presence. talk to us a little about the message president biden is going to try to send about the war in ukraine and some of the nations he'll be addressing -- and india among them and saudi arabia and others have not always been as sympathetic to the ukrainian cause as the white house would like. >> john, the ukraine war is definitely going to be a major focus and something that has caused a lot of disagreements among members of the g20. vladimir putin not going for very different reasons. he's been indicted by the international criminal court for war crimes related to ukraine war, so it's very difficult for him to move around in most places, so his foreign minister is likely going to be the one attending. this is coming at a time when the ukraine war is hitting a grind, a long-term grind if anything. the current coun

u.s. and india as perhaps the most consequential bilateral relationship for the u.s. ast year, a significant investment in diplomatic capital. multiple visits by cabinet members to india. president biden's invitation to modi to come for a state dinner. his participation in the g20 summit. part of a joint statement we just received, it appears he president biden will come back for another summit in a few months. this is part of the administration's effort to build relationships in the indo-pacific region to counterbalance china's influence in the region. we don't have pictures to show to you of the meeting that the president had with modi. what's been unmistakable for those of us here in india for 48 hours is how heavily stage managed the indian government is making this summit. you can't travel even a few blocks without seeing giant posters featuring prime minister modi. there are parliamentary elections here in india. india does not have the same, let's just say, track record on press freedom we do at home. this presented a challenge for the biden administration. do w

india is very exciting. globally we are seeing that tech rally in the tech ecosystem grow tremendously in the u.s., and china america. i think it's really india's time in the new economy. that is my particular focus going forward. rishi: does that mean that that is where you see the deals as well? achintya: i think yes they will definitely beat some of the largest deals in with that said financial services and consumers and health care, those four sectors. but certainly the most interesting sector in terms of new activity which we have not seen in the past will be tech. and my guess is 10 years from now when we look at the top 10 stocks by market cap that will not look like what we have today. rishi: absolutely. also, what are we likely to see as well -- do we see any barriers for indian companies to enlist overseas? achintya: i think there are rules and regulations in place in india has rules where if you are in india company and incorporated in india domestically, i think it is less about values and the rationale. and doesn't make economic sense for a company which is in -- which is in india to list outsid

it is so fully priced in and the india growth argument is so odd to me the average salary in india is a u.sng to spend four months salary on an iphone and the high earners already have iphones so the price points will have to come down if they could get the expansion into market that india. >> that's why markets are 179. tesla added $80 billion to its market cap yesterday after morgan stanley said it was an a.i. play those are magic words, you don't own tesla. >> it is up 122% year to date it is trading 78 times earnings one thing i want to make clear for viewers it has abated double the market it means when the market is up a certain amount expect tesla to be up double and when the market is down expected to be down more than double it moves up and down with the market to time-to-market level tesla is a very leveraged play on the stock market. stuart: 78 times earnings. stuart: that is rich in expensive. a big draw for oracle after they report cloud sales growth slowing, look for this quarter but the prompter says a lot of a.i. potential in oracle, your shaking your head. >> it's exhaustin

india. we'll talk about what this could mean for the u.s. in foreign policy. we'll be right back. u.s. right back. in my top eligible category... suddenly life's feeling a little more automatic. like doors opening wherever i go... [sound of airplane overhead] even the ground is moving for me! y'all seeing this? wild! and i don't even have to activate anything. oooooohhh... automatic sashimi! earn cash back that automatically adjusts to how you spend with the citi custom cash® card. [mind blown explosion noise] - bye, bye cough. - later chest congestion. hello 12 hours of relief. 12 hours!! not coughing? hashtag still not coughing?! mucinex dm gives you 12 hours of relief from chest congestion and any type of cough, day or night. mucinex dm. it's comeback season. ♪ the thought of getting screened ♪ ♪ for colon cancer made me queasy. ♪ ♪ but now i've found a way that's right for me. ♪ ♪ feels more easy. ♪ ♪ my doc and i agreed. ♪ ♪ i pick the time. ♪ ♪ today's a good day. ♪ ♪ i screened with cologuard and did it my way! ♪ cologuard is a one-of-a kind way to screen for colon cancer that's

u.s. and india, the host, they were worried that there would not be a statement at all coming out of this, and that russian and chinese influence could stop it altogether, and so for them, within the bureaucratic, and diplomatic world, it was a victory, but look, we are further on in the war, and the shock has worn off that helped to contribute to the stronger statement a year ago, and another thing that is happening is that president biden is becoming a lame duck president with bad poll numbers, and they are saying that maybe we better hedge our bets because the next president may be pro russia. >> thank you, kim dozier. >>> and now, 2,500 people are confirmed dead in morocco after that deadly earthquake. many more are declared missing. more on the recovery mission there. >>> and now, mark meadows and his bid to move the case to federal case was deny and what that might mean for donald trump to do the same thing. we will dig deeper. d proffered by his old backup qb. and if we profoffer it, we know you'll proffer it too. have you been behind me this whole timime? yep. j.p. morgan wealth ma