>> indonesia likes to do the business.ourselves. , thereare not complying will be action domestically and internationally. it is time for indonesia to have the compliance level of all parties. it is not acceptable for a country like indonesia to have a rate that is low. this is not because we are poor. this is not because we don't have business people. it is because both sides, the taxpayer as well as for us as the government, not being able to establish the good relations based on trust, confidence, and credibility. i am going to do my homework, but i expect other business people to do also their homework. >> how much tax reform do think you can get done? example, revealing bank accounts or credit cards transactions, you need bank secrecy laws changed. you need to get the legislature on board, but unfortunately national and regional legislators have been the ones targeted by these corruption probes and even arrested. >> this is more like the chicken and the egg. indonesia is always vulnerable with low trust perception on

and are part of indonesia. the government will protect the country's sovereignty and interests. >> china claims most of the south china sea. it has been accelerating maritime activities while building artificial islands there. >>> turkey says it will free tens of thousands of prisoners jailed before last month's failed coup attempt. local media report the release may be aimed at making space for people detained in connection with the revolt. justice minister announced that 38,000 inmates sentenced before july 1st will be released on certain conditions. he said those convicted of murder, terrorism and sexual crimes will be excluded from the scheme claiming that the release will not endanger public safety. >> translator: i was supposed to be released on sunday, but it happened today. >> the government says the coup attempt was plotted by members of a movement led by u.s.-based islamic cleric fetullah gulen. he is denying any role. they've arrested or detained more than 20,000 military personnel and others over th

all the rage in indonesia. it's attracting attention from japanese manufacturers too. a clothing maker came to a show featuring dresses made from kimono fabrics. >> were these fabrics made in japan? >> yes all these fabrics were made from kimono. >> reporter: kimono are a perfect fit for muslim fashion because they don't show the body line or expose much skin. >> translator: we have a hard time selling kimono in japan. so we're eager to cultivate this new market. >> reporter: though it is experiencing rapid economic growth, indonesia refuses to merely copycat western style. and so it nurtures its own fashion. and many people outside the country are watching the trend as well. franziska renata, , nhk world, jakarta. >>> it's day 13 in rio and japan's celebrating a gold rush. female wrestlers took home three gold medals and one of the athletes reached an olympic milestone. icho was training jalaboa but the competitor scored a takedown with five seconds to go. ito ran 3-2 in the 58 kilogram division. she won at fo

indonesia, we think indonesia offers good value.u look at a whole spectrum, some parts of emerging markets right south africa and turkey, there is political turmoil and political risk, however if you look at them, they are still offering pretty attractive yields. some investors are willing to take that risk. rishaad: right. well, let's talk about china. where do you invest if you do at all when it comes to that? we seem to be getting some growth, which must be real sure in you to some extent. >> i think the big thing about china is now that we see a great deal of stability, that is where the appetite for emerging markets comes in. an stabilityave surrounding china, there was greater fear around emerging markets, but with china data stable and we see policy really supportive of the economy, i think that adds a bit more cushion for emerging markets. well, especially when we might have this shanshan feng a with hong kong coming up. i'm sure you will be taking advantage of that. the shenzhen market as a window into china's new economy,

beneath thehe canopy of indonesia's rainforest, life comes together to produce an amazing symphony of wild sounds. [whistling] [low growl] [roaring] [chirping] [bellowing] but now, , the rainfoforest's mt booming voice is increasingly hard to find. [deep trumpet] the sumatran elephant teeters on the edge of extinction, and there's no one else to blame but ourselves. [loud buzzing] it's here in grocery storores where thehe fate of i indonesian elelephants begins. you may have never heard of it, but palm oil, a common vegetable oil, , has been a growing presee on supermarket shelves since the 1990s. it's high yield, versatilility, and p price maket an exceptional competitor against alternative vegetable oils. today, palm oil and its deririvatives arare present t i% of all packaged food. products like bread, cookies, chocolate, chips, and even shower soap. the consumer benefits, but the sumatran elephants pay a prpric. their habitat is cleared by legal andnd illegal loggers to make room for palm oil planantations. we sent ourur u.. field producer jim wickens to the aceh region of north s

basically indonesia has fast mining resources. there are things that i cannot understand for instance why is this indonesia. the people are distinct in terms of linguistics and culture why is that there. the answer is resources. here is a story you have the dates of independence. basically while they were becoming independent indonesia took control the dutch were getting ready to make independent in 1962 they had formed a transition government and then indonesia invaded. this is partially a cold war compromise because they thought may be indonesia would go fight with the russians it was also to do with the fact that indonesia has major minimal -- mineral resources. the first mining contract was signed. abrupt for men to a free choice was taken which is part of the un agreement. when the results were announced in the un the present would only say it was conducted under indonesia. and they have to be part of indonesia. basically why. the largest gold mine in the world. that is also the site of the third largest copper mine. basicall

coming up, indonesia's finance ministers vowed to crack down on tax cheating. ♪ rishaad: indonesia's finance minister sri mulyani indrawati has vowed to crack down on tax avoidance. >> by constitution, the government has the power to collect taxes. by constitution, the people have to pay tax. >> but there was a shortfall last year. >> there was a shortfall. that's what we saw the shortfall which can be explained by the weakening of global trade, but a shortfall which cannot be explained by that, our ability to collect. whether it's related to efficiency, effectiveness, conduct, corruption, all of them. >> what would be your message to those who might be even dating -- evading taxes? >> in the right to do business, we are improving ourselves,, but if you are not in compliance i will take it very seriously, domestic and internationally. it is time for indonesia to have this, what do you call it, the compliance level of all parties. it is not acceptable for a country like indonesia to have a tax ratio that's very low. this is not because we are poor. this is not because we don't have bu

to the indonesia government and a wake up call. more on that story at 5:00 tonight. on the upper east side, nj burkett. >>> we're hearing from an 81-year old woman robbed in her home in the bronx. a suspect ripped a necklace from her neck with a charm that said world's best grandma on it. the nypd avenue and two women were apart of recent attacks. the victim was followed into her apartment building. she says she was surprised by the attacker. >> i opened the door and he came from behind and pulled her chain. she was screaming. and he pushed her and through her on the floor. >> she says the man kicked off twice before taking the necklace. she wasn't seriously hurt. the man in this surveillance video is the attacker. in louisiana. president obama today surveyed the damage, promised support for the victim. and the visit comes after critics call him to end his his vacation early. >> no drop enter on the president from the controversy, but he said this was not a photo they cope with the loss of 13 lives. the president talked to resident

it is everywhere in indonesia.rom rice porage in the morning to the evening meal of rice and vegetables. it's a mainstay on every table. >> translator: we eat rice every single day. i have no idea what we would do if there was none. >> reporter: but people have been encouraged to watch what they eat. they are enjoying coffee with bread here. >> translator: i eat bread more often than rice, because it's convenient. i eat bread almost every day. ♪ >> reporter: japanese companies are among those to respond to this change in the indonesian palate. this door-to-door vendor is from a japanese bakery. >> translator: we eat it every day. my children love japanese bread because it's soft. i don't have to go out and buy it, so it saves time. >> reporter: the bakery's bread sales have tripled over the past five years. it's a plan to expand into rural areas. >> translator: indonesia's middle class is expanding year by year. people buy bread more often, and now it's part of the country's diet. we expect the market to grow furth

many people in indonesia are poor. they get little benefit from the country's rapid economic growth. taufan is convinced that a lot has to happen for that to change. he meets up with friends in jakarta. they're doctors, bankers, musicians, and it entrepreneurs, and they're members of the global shapers community, a worldwide network made up of young people under the age of 30 with plenty of motivation and commitment. stella: with 250 million people, we can actually do a lot, but the thing we are lacking at the moment is the right kind of resources, the right kind of skills, the mind set which could solve a lot of internal problems in this country and also globally. andreas: actually we have to promote more tolerance in society. it can be promoted through music, because in music we have so many different kind of sounds, different instruments, different genres but still we can create harmony. ♪ reporter: andreas arianto is banking on the power of music, and, together, the global shapers are banking on change. [applause]

so we like india and indonesia for structural reasons. some markets in latin america we like, argentina is a small one but that's an interesting one. colombia looks quite good at this point. markets i would avoid are really the markets that are most sensitive of what happens with the fed. because if the fed would surprise negatively, we don't want to be in the market that are most -- places like south africa, like turkey and these markets have domestic issues which is very bad. and brazil is still a concern. the market has been very strong, but there i think investors got too excited about the potential for change, fiscal reform that we don't see happening too easily in the next few months. >> martin, thank you very much. martin bakkum at nn investment partners from the hague. >>> the labor party is calling for richard branson to be stripped of his knighthood. they're saying he should lose the title as he's a, quote, tax exile who thinks he can undermine our democracy. the labor leader jeremy corbin claimed he needed to sit on the floor o

indonesia needs to have the compliance level. indonesia.e this is not because we are poor. this is not because we don't have business people. sides, these both us, isr as well as for not able to have trust, confidence, and credibility. i am going to do my homework, but i expect these people to also do their homework. >> how much tax reform do you think you can get done? for example, the revealing of bank accounts or credit card transactions. you need to get the legislature on board. there are a lot of national and regional legislators who have been the target of these corruption probes and even arrested. indonesia is always having this note trust perception. that is the biggest and the toughest job. >> i would like to talk about the debt to gdp ratio, which is relatively low. but is mandated by law at 3%. do you see room to perhaps scrapped that an increase physical spending because the global macro environment is weak and the commodity cycle has gone down, which is so critical to the indonesian economy? now, there area a lot of

. >> i just got back from indonesia.have a target of about 7%, by the end of his term, but they are at 5.2%, 5.18%. they are having budget shortfalls right now. they are not getting enough tax collection. but do you see that they have weathered this commodity downturn fairly well, compared to others, like brazil, russia? >> yes. indonesia did not have what russia and brazil had, which was a political crisis as well as an economic downturn, and the politics of indonesia has been relatively stable. widodo has been sensible in targeting investment infrastructure as a way to build up longer-term growth, and the tax amnesty, if successful, will give them more financial stability. >> will it work, though? >> just like saying if brexit will kill u.k. growth, i have no idea. >> can you imagine the bureaucratic mess, if they start a witchhunt for money? he's going after tax collection overseas as well. >> the one example that you bring up, india toward the end of the 1990's, introducing amnesty on offshore hotel taxes, and that w

. >>> indonesia's rapid economic growth has brought about vast change in the nation including eating habits. the morphing palate is creating opportunities for japanese firms. >> reporter: rice is an endndle staple. this is one of the typical breaks for indonesian people. rice is everywhere in indonesian. in the porridge and to the evening meal of rice and vegetables. it's a mainstay on every table. >> translator: we eat rice every single day. i have no idea what we would do if there wasas none. >> reporter: but fears of economic growth have encouraged people to broaden their approach to what they eat. this cafe is packed with young indonesians. they're enjoyiying coffee with bread, a distinctly western way of eating. >> translator: i eat bread more often than rice because it's convenient. i eat bread almost every day. >> reporter: japanese companies are among those scrambling to respond to this change in the indonesian palate. these door-to-door bread vendors are from a japanese bakery. theyey're at 5:00 a.m. when peoe eat breakfast at the morning prayers. >> translator: we eat it ev

and a third earthquake in indonesia today as well. if you're wondering why there are so many quakes in the quakes over that point, we are questioning it. >> we are asking questions. >> yes. >> so we brought in an expert from the school of mines in golden to talk with us about this. that is coming up in the show later on. >> it is pretty interesting to hear what he has to say. >>> around here, calmer. >> yes. >> but it is different. because we've got rain out there. but the pitter-patter is so nice. >> it is. really soothing. looking out and seeing the comparison with denver, and boulde above the tree line. check this out, already seeing snow. >> look at the shot of the divide. snow-topped mountains there already. so if you're not ready, you better get ready. >> yes. >> i think there is more. danielle, it is still technically summer. >> i'm not ready for it. not yet. >>> all right, it is just a dusting up there. but it still is pretty incredible to see, here we are in the middle of august, middle of the summer season and the snowfall i

about 34,000 children are said to be on the street in indonesia. these young people were once among them, but now they've seized on an opportunity for a better future from trash. the nonprofit organization helps them make new products from the things people throw away. the ngo set up a workshop in a shelter four years ago. interested children can receive an 18-month training course on how to transform goods from glass bottles and other material. they open the training will provide them with the skills to stand on their own. their products are on display at the hotel lobby and other places. these are egg holders made from wine bottles. the neck of the bottles have been turned into wine glasses. this vase was made from a fish ing lamp. >> i think it's good that we do recycling because of the global problems. it's particularly nice that children are doing it. >> reporter: there are such things the children make have more than tripled over the past two years. they pay each child between 12 and $24 per month. >> translator: it's the happiest thing that

made in indonesia. that's how on of these show upow much that's one of them. the suit that we have hero ohoh zoom in a little bit.it. jim actually has on a donaldon trump suit today. tod here's the deal, pace macy's was selling them.them i think they were going for $600. i got it for 59ed.ed. they're not bad.. the suits and ties aren't bad, but there's that whole, if youf want to all contact it i guess maybe some peoplse would see it as hip rack situate, letterman called him on it. these are still a hip rock situate because he's frequently talked about keeping jobs here.e. even though his suits say made in america.in they're actually made in indonesia. one remark about him being a businessman, that could be him being a smart businessman. marketing his name, you're having them made somewhere elsee but keeping it going. there's a trump crest on the inside in the inside. > we like to know what you guys think about this so feel 2003 to tweet us. i'm going to tweet out a picture of him modeling his suit in jusn a few minutes. we appreciate you guy joining ug and tw

a new flag hangs at philadelphia city hall tonight, the flag of indonesia.s was a celebration of culture complete with song, dance and costumes and indonesia ambassador to the u.s. was on hand to receive a proclamation from philadelphia mayor jim kenney and philadelphia has one of the largest populations in the country even bigger than new york's. a stage full of young boys and girls took part in an evening of dance. the pow dancers joined a pilot program intended to serve over a dozen children but due to popularity admission was expanded and this took place in philadelphia's windfield section. ♪ it's all about tires, noise and engines in north wild wood the monsters on the beach truck races began qualifying heats and three day event features big foot aventure and brutis and take place on the wild wood beach on mariners and adventure pier. >> this sunday fuel burning funny cars. >> you have been there, very good. >> let's talk about the phillies. >> previous life. for the phillies just like old times and phillies and cardinals playing a tight one late in the

in indonesia, interest rates are expected to come down more.uity markets is that we need to see earnings growth come through. bad as we thought as before, earnings stabilize, and in fact the bending on which markets you look at, we are seeing some positivity coming through, whether that will be sustainable is the next question. we do need to see earnings come through. expensive can equities or bonds get? so far are ok, but what will you be telling clients? -- thekey is the markets way i look at the region, i believe those countries will carry out reforms and continued to be positive on. india, philippines, these are the markets where i continue to see structural reforms come through, so i expect over time that earnings will be stronger. for other markets, and we need to be very selective. we need to look at the names, the companies, and whether they can continue to deliver earnings. yvonne: we have seen a lot of inflows into emerging market ons and credit, but for stocks as well, but not as much. do expect that to shift or there is a spillover

a new flag hangs at philadelphia city hall tonight, the flag of indonesia.s was a celebration of culture complete with song, dance and costumes and indonesia ambassador to the u.s. was on hand to receive a proclamation from philadelphia mayor jim kenney and philadelphia has one of the largest populations in the country even bigger than new york's. a stage full of young boys and girls took part in an evening of dance. the pow dancers joined a pilot program intended to serve over a dozen children but due to popularity admission was expanded and this took place in philadelphia's windfield section. ♪ ♪ with simply right checking from santander bank, just make one deposit, payment, withdrawal or transfer each month to waive the monthly fee. and there's no minimum balance. you're alright... with simply right checking from santander bank. ♪ are you feeling alright, baby? ♪ for senate, a clear difference. katie mcginty: for background checks, for banning assault weapons, and banning high-capacity ammunition clips. and pat toomey? against an assault weapons ban and a

indonesia brought a ban in direct ore shipments to china, and china buying from indonesia, that ban closed that supply. that shifted to the philippines and philippines moved in and picked up that supply. what we've seen in the last three months with the new president in is that they are now going through and doing environmental orders on direct shipping operations. they have closed seven down and talk of closing more down. i think all of that compounded by growth figures out of china have been better than people predicted, should see nickel growing at 3, 3.5% this year. i think we're in an interesting dynamic, see pricing in around 11 to 12 mark but going next three years could see significant increases in nickel pricing. >> jeremy, great to have you on. we'll have you back. jeremy martin. >>> the curtain has come down on another summer olympics. fireworks lit up the sky for the closing ceremony assignations reflected on their medal hoard. shinzo abe, super mario, hosting games in four year's time. what a moment. >> great sense of humor there. well done, rio given doomsday scenario. it was

you want to be looking for countries such as brazil, russia, indonesia.u look at brazil, on the local debt market, you can get too close to 11% for yield. if our expectations are correct for bond yields going forward, you can be looking at double digit returns when you account for yield compression and the pickup in kerry. rishaad: you say the pickup and carry, but what if the currency goes in the other direction as well? do you recommend hedging? hedgingn't recommend for countries where the yield curves are relatively flat or inverted, of which brazil is one. heart of the reason we are comfortable with brazilian local debt is that we are comfortable with the currency. deficit hasaccount gone from 4% of gdp to closer to 1% by the end of the year. the political landscape has changed. we expect the impeachment of doma rue saif to finalized within the next month. - of doma ruth saif we would not recommend hedging in the case of brazil or russia or indonesia. in all three countries, we are comfortable with foreign currency denominated debt as well where you d

going up in indonesia gave your direct experience. inpresident, your leadership position to rebalance to asia as one america new friends and strengthened partnerships, including with singapore. over half a century working together on multiple issues, americans have made many enduring and close personal friendships. i'm happy to see many of singapore's old friends here tonight. [applause] clerks which shows what can be done even during lame duck. singapore admires america's vibrancy and capacity for self or new. these qualities attract the best and brightest from around the world. thousands study in the u.s., attracted not just by the , but the egosemic of your society. this is something singapore hopes to emulate as we seek to tap into this entrepreneurship. the national university of singapore has held colleges in silicon valley and new york so maketudents can in turn high-tech startups. we are also launching 50th anniversary scholarship to promote greater exchanges and understanding between our young people. at this years internatio

he and his whole tradition in indonesia speak out for religious freedom. he is -- he was just superb. and his cultural tradition. there is no reason we want to keep indonesian muslims out from the united states. they are the leaders in many cases of moving toward a real moderate muslim position and one that is fair with other religions and the rest. we can do a lot with variety of religion. trish: let me ask you a proven question. we talk about extreme islam being an ideology, much like communism, kt. >> uh-huh. trish: then, in fact, are we somehow tainting a religion? i mean do you run the risk that people are going to say that is unconstitutional? or that is religious discrimination? but let's not forget, you know, in islam, sharia law is the be all end all. so how do you if you fundamentally believe in this accept the united states of america for what it is? >> it's at the heart of things from what comes out of the reagan desert. it's moved over to southeast asia. and the largest muslim country in the world, indonesia does not practice that. trish: most

rishaad: you're looking india, china, indonesia -- out of those, are they the most attractive?on't see malaysia or thailand there. >> it is partly because they are growing faster than the others, so those are the four fastest-growing economies in the region and among the fastest in the world. they are large. they have good reform-based consumption stories going on. they are taking all the boxes. on top of that, we find good quality companies there that our portfolio managers can invest in that have good management, sensible stories, and goodbye you asians. we find them quite for tal investment destinations. for all of those reasons, we are overrate those four. rishaad: what about china? >> including china. the picture is mixed, and indeed our potent folio management attitude to china is mixed. the negative story on china is debt. reliant onll then the stimulus package in the first half. the good stuff we has spoken about before, the transitions up theving further manufacturing curve, shifting to services, insurance, internet. rishaad: it is a crowded space again, isn't it? >> y

and in indonesia. no word if that tablet that was stolen has any sensitive information on it, but police say that the honda odyssey van that was taken should be easy to spot. they're still looking for it, but it has diplomat plate as. they're also still looking for those two suspects. no arrests have been made yet. live on the upper east side, magdalena doris, cbs 2 news. >> magdalena, thank you. >>> at 5:02, let's get to traffic and john. >> maggie has got the right idea, little bit more of a long- sleeved shirt. it's a little chilly your. it'll warm up nicely today. it's going to be a great day, not as much wind, lots of sun and some nice numbers too. so i hope you can get out there and enjoy it. if nothing else, just take a long walk. it was great last night. i actually wore a little jacket, it was so cute. we are nice and dry now. we've got high pressure in control, but it's almost parked mit gate or weaken lessening the wind, so it won't be the gusty winds we dealt with yesterday. that will be a b

and that indonesia and the .hilippines bearish they are especially bullish on the philippines and indonesiathe government, we are quite bullish. with all of the effort, our associates, we will get the bulk of it than in india. but we are surprisingly short of aircraft, so we are policing the market as well for demand. rishaad: staying with aviation, mitsubishi says this is the first of mystically designed airline. designedically airline. they have no idea when this will fly again. they had to be aborted because of a problem in the air conditioning unit. mi shakeups have seen this delivery putback 2 -- put back to 2018. cooling demand with cheap oil and a glut of twin aisle aircraft. could raise prices 2% last year, and over 3% this year. demand has fallen on cheap jet fuel. carriers that have old planes keep them rather than retire look for more fuel-efficient aircraft. the second-in-command has put a investigation into this chairman. and tax evasion at one of south korea's biggest conglomerates -- conglomerates. thisould, peter, jeopardize the entire investigation? guyr: he was the number

. >>> still to come, and a statement tries to blow himself up in a morning mass and indonesia. >>> a look at downtown denver, the broncos took the win, their preseason game last night, sunday. it will get up into the 80s. summer will be sticking around for quite some time. >>> a would-be suicide bomber failed to detonate in a packed church and indonesia. it was during a mass earlier this morning the attacker injured a priesttbefore he was restrained. they say he was sitting in the crowd when he suddenly ran towards the priest the bomb in his backpack never went oof. members helped to chase and the smallest in one of the worst hit towns in central italy. 230 confirm death. and they toll at least 100 best 290 people are dead but they say that number will change. they are looking into whether negligence in enforcing building close added to the high deathhtoll. % >>> a local italian restaurant is trying to help those impacted by the earthquake half of the sales from a special dish will go to the earthquake victims. the owner says that friday night they sold out and it will be served thro

some of these markets still look attractive, indonesia, for example. still outperforming.ppines it received declines, only two stocks. -- a bigng seng index story here, a merger. we are looking at the kleins here in south korea. concern, 180 million for the company. what do we do now? it is about the dollar recovering some of those losses overnight, weakness in the yen and euro. that is just about the story across the market. a little bit of dollar strength coming through. big story here, the selloff in japan, thursday into this morning. that is stabilizing a little bit right now. yields rising across the region. ♪ emily: this is bloomberg west, i am emily chang. , uber'sls in tech news china business and elon musk's merger of solar city and tesla. what is driving this recent boost in tech dealmaking? me,ation copartner with also a co-founder of silver lake back in the day. how much more m&a activity will we see? roger: i think we are going to recognize when merger and acquisition activity rises, it is always a signal the environment is difficult for earnings. fundamentall

there is compliant products i believe that the heat infrastructure projects in indiaand indonesia and are creating opportunity for the sharia compliant and they the shariat nts withce -- tena investing in what many investors may not be familiar with, it can make it quite compelling to invest into and i believe the current climate can give that opportunity. >> that may be the case. the industry faces the challenge of a lack of standardization. differences in opinions. how do you deal with that on a global level? think that the markets have been talking about this for quite a while. mandate that says we will invest in certain industry. you an example of mandates. there are contracts that are more legally binding and you much moreo a expansive law firm and you would and a global recognition confirmation of harmonization's that are unfounded. market sees this as a mandate from investors, there are opportunities. there will always be differences. many different this is how one this is theat and jurisdiction or industry. there is a new opportunity. >> let me jump in and get your thoughts on

afghanistan and pakistan and indonesia and egypt.countries singled out. >>> and with the u.s. engaged in air strikes with libya and syria. officials expect to be short fighter pilots. a sharp increase over march when they said they needed 500. the military plans to increase retention bonuses to get pilots to stay in the service longer. >>> the federal government is set to authorize more research into the medical benefits of marijuana. and announcement with details is expected to come out today. according to published reports, the government is not willing to consider a request to reclassify marijuana. right now, it is classified as a schedule 1 drug with no medical benefits. >>> a veteran arkansas police officer shot and killed in a five-hour standoff with a gunman. it started wednesday morning when the father of 35-year-old billy monroe jones called 911 to report his son pulled a gun on him. over 200 officers responded to the home taking fire from jones before he surrendered. deputy bill cooper suffered a gunshot wound to the neck.

indonesia wanted further resources. i haven't figured out why new guinea was allowed to but maybe it was because it was a former british colonies as opposed to the dutch and the dutch were slightly less stringent with managing colonial obligations. but also the fact that indonesia played cold war politics between the u.s. and russia in trying to garner support. so i actually found the regulated briefings from kissinger and actually kissinger and his part in helping set this up became a member of the board of the mining company that took that contract. so i haven't quite -- it's kind of in the paper but it's kind of like in there in the wind things that i really don't have is the numbers too tied down to at this point. that's kind of folk was going on so in that little peace of history mining and the interest behind it are kind of paramount. so yeah, i think this whole thing is an implicit argument against transpacific wrecker ship. >> can you go back and show a picture of indonesians versus -. >> basically, that's the w

indonesia actually is offering in most attractive yield asia. because of the record low inflation. it is making a most attractive in asia. checked thejust latest option. indonesia got the largest amount trillion -- i7 converter.rency it works out to $1.2 billion. they got a bid in the bond auction today. that is not too bad. that is what they are looking at right now. that is where i am based. hong kong field, most negative, after of course inflation, in part because of monetary policy, the hong kong dollar is pegged to the u.s. dollar, of course, federal reserve monetary policy. scarlet: the story is part of story you're the federal reserve has made it clear that it is not ready to do anything when it comes to interest rates. more now for stocks and bonds -- .ecidedly less ravenous they have been dumping u.s. securities. what exactly is going on? , who wrote the story for bloomberg.com. this story is actually a myth based on the latest data. tell us more about what the data finds. interesting findings. flows have been decided the week . it is r

then tell me about what's going on in indonesia. >> i think when you're looking at emerging markets,posure is great for portfolio construction and asset location. if you're looking for an out for play, the alpha reform environment and policy measures for certain single countries, particularly india and indonesia, is a great tailwind. if we consider what happened in india over the last few years with moody coming into office, not only do they have monetary policy reform, but structural and fiscal reform as well. that's really powerful as a tailwind. inuations are not sheep india. we look at entry points to create more exposure to those. i think the outlook in terms of long-term investing, thinking about where you want to be, the demographic play there is going to be a powerful story for india. cory: in the near term, the currency trade may be not bringing a lot of foreign investment into india. thehey are relaxing some of restrictions as part of the reforms in terms of foreign direct investment. you will see more foreign direct investment coming into india as we move forward. pimm: te

bucket dreams spending a week in jakarta indonesia to build a home for a family who needs it most. we want you to join our team. >> bucket dream is going to have the official bucket dream habitat for humanity house. they want to bring 12 along with the bucket dream team to build this home along with the rock the house campaign, but we don't want to stop at one home. we had this idea to build 25 homes. one for every year since we released our first album. and to do that, we need 300 people to come join us. >> in this other video from habitat for humanity, you get to see some of the families that have been fitted from some of the homes already built in that area. >> this is a wonderful way to time getting an amazing experience. >> it's a very interesting, very unique take on your bucket list. >> a home can be built in a week and it can change people's lives forever. so join us in october for rock the house with habitat for humanity. >>> your treasure hunters begun. >> he sends his lady on a romantic scavenger hunt. >> you can tell how e is. >> there's a clue! >> how finding the last

new york officials previously banned sex offenders from playing the game and police officers in indonesia are prohibited from playing pokimon go on duty.>>> team usa is racking up a metals on the second day of compass -- reporter: katie ledecky hit the water in the semifinals in the women's 400 needle -- meter freestyle. the 19-year-old won a gold medal after picking up the silver saturday. the us women's gymnastics team wrong tone sunday in the qualifying. behind simone miles, the american women finish 10 points in front of a second-place china. files, three-time world champion, finished ahead of her teammates. all five women earned a spot in serena williams was victorious in her match against australia's player. serena and venus, three times doubles gold medalist, lost their first round match for the first time, stunned by the czech republic team. the williams sisters entered sunday's match with a 15-0 weekend for anyone inspired by the olympics, any little tennis players or swimmers. a great weekend. >> swimming was the main goal over the weekend. weather certainly cooperated. we expec

we have witnessed attacks in indonesia and malaysia that were mounted from isis operatives in the middle east to launch attacks in their home country. so the efforts to counter isis or isil is crucial. that's why we are a member of the coalition and we are making a modest contribution to the effort. we have been participating in other ways and now we're going to send a medical team into iraq. it is also important to address the extremism in order to counter act isil as well as to address extremists views being propagated by isil. these are the major issues that we've discussed and we look forward to working together and take our relationship even further forward. president obama: first question is margaret grennan. >> thank you, mr. president. given the republican nominee's recent family about the kahn family and if president he would consider recognizing russian annexation of crimea does it make you question his fitness as president. and you said the worst thing is to plan for the nato intervention in libya. do you see your new dediscussion to bomb isis as a direct result of that? presi

>>> two other significant earthquakes happened overnight, one in central myanmar, the other off indonesia. an assistant procedure in geophysics at the colorado school of mines says it's not a surprise, although it's unusual. >> the cluster of earthquakes that have just made the news are in no way unusual. we actually have around 200 earthquakes every year on average of about this magnitude. it just seems to be kind of chance that they happened on >> the professor says because the earthquakes were so far apart geographically, they probably were not related. many myanmar the earthquake registered 6.8 and killed at least four people. >>> at least one person dead, 20 others hurt after an attack on american university in afghanistan in kabul. gunmen attacked the university with explosives and gunfire. it started around 6:30 p.m. local time. officials say security forces are still combing the area searching for attackers. no one has claim the responsibility. islamic militant groups have recently claimed a string of attacks aimed at destabilizing the country and toppling the western backed gover