can't stay behind the curve when indonesia is hiking two times, when indonesia is doing dramatic things. want to differentiate yourself as the bank refusing to follow the global trend. if the rates are going up worldwide, how can india remain an island? it can't. at thewhere looking story becoming one of central-bank convergence again. taimur: they will follow the fed, one-for-one. if the dollar is rallying at a time rates are going up, it will have to go up as well. ecb isdoes what the reportedly starting to consider, does thisrom qe, strengthen this narrative we are looking at even further? taimur: i think the ecb narrative is well anchored. they will reduce asset purchases on a gradual basis, starting late this year or next year, if things are more challenging in europe. thinks ecb will be super dovish. the issue is with the fed. you could argue the fed has been signaling rate hike and balance sheet contraction for a long time. governor in an op-ed last week pointed out the surprise element, the u.s. fiscal stimulus. on one hand you have the fed balancing its sheet. suck out sack out

we have seen the philippines, india, indonesia.hope is they won't necessarily hike today in indonesia because they have had to back to back. the regional elections in indonesia yesterday showed that in some provinces that the wind was not by the margin anticipated, especially in regions where a lot of infrastructure money was spent. that political elements or secrete then as we have elections in april next year, the presidential elections. candidates will be announced by august 10. it is a combination of fed rates going higher, forcing central banks to raise rates to stabilize their currencies, and that has been to the dutch meant of growth prospects. earnings revisions have come down as well. suppose ironically the only risk by that could come espitebe -- only risk that could come would be a pause in tightening. >> exactly. things have to get worse before they get better. see maybe some of the fed members touch upon the risks of trade war. basically a month or so ago when fed chairman powell said nothing to see here. fed rates are

he has built his own political party in indonesia. world's most populous muslim majority country. he has his own party and made a failed attempt to run as he buys presidential candidate in the indonesian elections of 2014. after trump won, he started making was about him becoming president of indonesia just like trump could. i think that complicated his situation and is standing within indonesia. he was backing political opponents of the current then aian president, and few months after that he ended up facing a series of allegations that he was involved in tax fraud a company that he once owned, and he sent threatening text messages to a prosecutor, and he was restricted from traveling for a while as those cases ruled on. .- rolled on he came out and said he would the president's bid. he has now been formally jacoi.d it has certainly helped his standing in indonesia by backing the current leadership. carol: up next, a story about an off the books operation that may have helped put trump in the white house. jason: and signs that the g

that complicated his standing within indonesia.a opponents of the current president and a few months after that, he ended up facing a series of allegations in attacks involved fraud at a company he once owned to. textnt a threatening messages to a prosecutor and he was barred from traveling for a while as those cases rumbled on. he threw his support behind the current president saying he would support his bid for reelection in 2019 and suddenly the allegations went away. when we asked the president's office about this, the indonesian president said he that had nothing to do with it. it certainly has helped his internal standing in indonesia, down a bit by backing the current leadership. up next, a story that social media was chatting about and off the books operation that may have helped put trump in the white house. this is "bloomberg businessweek." ♪ ♪ jason: "bloomberg buisnessweek." welcome back to -- welcome back to "bloomberg buisnessweek." an investigation into steve bannon and a guy he hired for the campaign. jason: -- caro

malaysia and indonesia have each decided to ban trade with singapore but its addiction to sand is not easy to restrain. singapore is being accused of expanding its coastline with illegally dredged satins from neighboring states. suspicions of sand trafficking hang over singapore and the dozens of barges filled in the broom which imo daily and it's important prove that the city state has found an alternative source but where does the saying come from. tommy guns beer. guns are. you going to hear very every day every week. this what is the visual so. i'm going to. sit in. your individual. little. north korean television company or your nice example. thanks to local traffic and networks singapore and dealers with false identities working for fictional companies continue to find supplies of sand in neighboring countries. and the other come. but in the same system. which i think is it just it was the business of the state but this is this case. to flaunt the law with the tacit support of the government their most loyal client. the sun trading singapore's he usually have a political is a ma

nearly 200 people are missing, in one of indonesia's deadliest maritime disasters.ssia, croatia have delivered a shock defeat to those giants of football, argentina — thrashing them three goals to nil. they're the latest team to qualify for the knock—out stages. argentina could still qualify but it may come down to goal difference. in his annual mansion house speech in the city of london, the chancellor has confirmed that taxes will have to rise to pay

the world's largest orangutan populations is under threat because their habitat is being burnt in indonesia's 6am in singapore, 12am in london. pictures of children being held in cages along the us—mexican border have been shocking many people around the world. some 2,000 children, as young as 2 years old, have been separated from their parents in recent weeks as they tried to cross into the united states illegally. all this is the result of a white house policy to try to deter illegal immigration known as zero—tolerance. president trump blames the opposition democrats for splitting up families but insists america will not become a "migrant camp". nick bryant reports. children held in what look like cages. the trump administration's zero tolerance immigration policy being put into action at this detention centre in texas. it is not just the much wanted border wall that the administration will hope a cts that the administration will hope acts as a deterrent to those who cfoss acts as a deterrent to those who cross the mexican border in legally but also this wire mesh fencing. the geappen ——

and counting on the way after regional elections in indonesia seen as a litmus test of president joke over dodos coalition. the us supreme court has upheld donald trump's travel ban on people from five muslim majority countries the justices narrowly voted to set that the u.s. president was acting legally when people from iran yemen somalia libya and syria from entering the united states democrats have expressed concern after the ruling. from washington d.c. . to five four ruling was not on the expected protesters were still incensed. but a majority of justices how did agreed with the troubled ministration this was not a muslim this policy was the result of a careful global interagency analysis of vetting procedures for travelers to the u.s. from libya syria somalia yemen and iran. and it was the president's right to impose a ban because national security is his responsibility donald trump was clearly delighted this is a great victory for our constitution. we have to be tough and we have to be safe and we have to be secure but in what was described as a furious dissent from the bench o

nearly 200 people are still missing after a ferry sinks in indonesia. the captain has been detained for questioning. argentina's hopes of reaching the knockout stages of the world cup suffer a blow after a 3—0 defeat to croatia. and namaste, on a global scale. millions of people around the world celebrate the international day of yoga. in an apparent response to worldwide outrage, president trump has declared that us government agencies should begin trying to reunite more than 2,000 migrant children with their parents. the children, many no more than babies, were taken away under the trump administration's new zero—tolerance policy, introduced two months ago. but there is great confusion over how reunification will happen, whether it can even be done at all, and a vote in congress on new immigration legislation has been postponed. more from our correspondent nick bryant. the first lady has made herself a centralfigure in this row, and today decided to make a dramatic journey to a detention centre in texas where more than 50 children are being kept. publ

indonesia's finance minister, sri mulyani indrawati.f illinois and her public service to her indonesia. she is also the former managing director of the world bank. minister, i think of your work in illinois and another graduate from illinois, the new vice-chairman of the fed, there are core economics to what is going on right now. what is your can -- what is your singular concern about the unilateral actions of the president? sri mulyani: the most important aslication of the policy well as the rhetoric by the president is creating uncertainty about what kind of mechanism internationally and globally, in terms of how countries can discuss and agree when they have a dispute. is degree of uncertainty costing a lot in terms of the absentee of a mechanism. this is creating a downside risk even more. entered 2018, we were quite optimistic about the global economy situation. quarter, the first created a lot of uncertainty, not only in the form of trade but also in the form of the federal reserve normalization. in this case, we are very concern

almost got ring of heat of the day downpours coming into malaysia maybe even into the fall north of indonesia or is we go on through where the state thursday those showers do sink a little further south was that is the wet weather continuing therefore i taught in bangkok at thirty three degrees it's been a lively showers coming through here really feeding a rather humid anything but humid into australia at present we've even had some frosts so to contend with tuesday morning so he crossed the eastern parts of the country cold enough for a frost fair bit of cloud sweeping its way through the by nudging its way further east was in that cloud will move out of south australia into victoria's a go one into whether stand the temperatures that you can see thirty or forty degrees struggling slightly than fifteen there for sydney but a twenty imprest been some warmth around picking up to around twenty one as we go on into thursday should be dry if a little on the cool side. which was the western side of australia eighteen degrees celsius the full path and cold enough in alice that just seventeen. for

the man who claims to be the leader of i saw in indonesia has been sentenced to death for his involvement in a series of bombings judges say a man of drum on has been in custody since two thousand and ten planning the attacks from prison service and reports from jakarta. security was tight would have heard it at the court in south jakarta hundreds of police and soldiers were on guard among a black man was convicted of planning a gun and bomb attack on the starbucks coffee shop in two thousand and sixteen. in which four civilians were killed and four other attacks he was in a maximum security prison at the time but use mobile phones and the internet to spread his teachings and the man who carried out the attacks visited him in prison beforehand. there for sentencing and rahman alias rahman who did death penalty. last month more than thirty people died including the bombers in a series of suicide attacks at churches and at a police station in the city of. families with young children carrying suicide belts were held responsible police have said they were members of a month's group jemaah. a

from indonesia. in recognition of her unwaiverring efforts to empower indonesia migrant workers through skills training, public awareness, and family assistance, her central rule informing the first migrant worker community in indonesia and her courage in demanding stronger protections for vulnerable workers and trafficking survivors through sustained engagement with authorities and the public. [ applause ] >>> nepal. in recognition of her exceptional leadership in founding the first comprehensive victim services organization in nepal, established and run by survivors of trafficking. her persistent community outreach and engagement with vulnerable communities to prevent human trafficking and her commitment to protect and empower survivors. from nigeria. in recognition of her extraordinary courage, in using her lived experiences to spread awareness about and prevent human trafficking. her selfless efforts to assist survivors and lend a helping hand to those still subjected to the crime. in her unwaive

nearly 200 people are now missing after monday's ferry disaster in indonesia.matra. these are some of the latest pictures. only 18 survivors have been found, and only three bodies. unfortunately, it's certain many more will follow. indonesia's presidentjoko widodo said, "this disaster is a lesson for all of us to be always careful and vigilant. for all boat owners to comply with all existing regulations, of the national meteorological office around possible bad weather." it has 17,000 islands, and many people use boats to get around. that means that there are many boat accidents. 40% of those are caused by human error, and 12% are by bad weather. the wooden boat that sank in this picturesque volcanic lake when it hit bad weather is believed to have been three times over capacity. authorities say it was operating illegally, and didn't hand out tickets to passengers. so there are no details about who was on board are how many people. authorities are having to go off families coming forward and reporting their missing loved ones. search teams are still coming the

a trial by fire for indonesia's new central bank chief, perry warjiyo.react to an emerging market selloff and hike rates twice in two weeks. ,hat help to prop up the rupiah one of the best performers in the emerging markets space. in his first interview as governor, perry warjiyo spoke exclusively to bloomberg and says his quick action has worked. lessons, you key have to preempt the uncertainty. this is the first thing we did, preempt the uncertainty. of possibility or impact fiscal policy in the u.s. the increase in the risk premium. these are the things we did. preempting this uncertainty, the rupiah has been quite strong. >> you talk about preempting, is there a need for another rate hike? goldman sachs saying you probably need one in the third quarter, if not in june. >> we will continue to collaborate domestically and locally to align the interests in the term. is, yes, there is a possibility of a hike, and the timing will be measured and our calibration of new information coming. >> you talk about being ahead of the curve, what assumptions are you

indonesia central bank governors quick action on rate. he would do it again.nterview is later on. ramy: next, asia is leading a revival in emerging market assets. we are joined by an economist. this is bloomberg. ♪ ♪ yvonne: this is "daybreak asia, i'm yvonne man. ramy: i'm ramy inocencio in new york. the reserve bank of india's surprise decision to raise the rate hike hit indian bonds overnight. the market recovered a bit as traders looked at not only what r.b.i. did, but what it said. kathleen hays is here. how hawkish was this move? kathleen: you always look at what the central banks say. they do something, then tell you about it. a surprise, maybe a third of economists surveyed on this question. said yes.hird or less that is why everybody was off-base. people said there is a's policy -- a policy statement. about theese concerns r.b.i. getting ready to go on some kind of steady rate hike path. the decision is consistent with the neutral fence. that means you're not going to tighten or go towards easing. is the objective of achieving a medium-term target for

a key decision from the bank of indonesia.resting on how they halt what we have seen. kathleen: what is happening is more and more traders and investors are looking at these big signs. they are looking to selloff in emerging-market stocks, they are looking at chinese currency, volatility of the markets. they are asking themselves if they could be contending with something worse? u.s. gdp continuing to snap back. if trade tensions don't get too bad, the fed will hike rates two more times this year. there seems to be unease with the people in the markets when they see the markets behave how they are. yvonne: certainly is the case. let's look at how the market opening is. it looks to be green across the board today. currencies are looking pretty stable. we have been watching the stability in the japanese yen. the korean won continuing to see a bit of pressure, but actually strengthening today. perhaps we are getting relief. the aussie is pretty much flat. the kiwi is down a 10th of a percent. let's look at the gmm function. we se

relatives wait for news of their loved ones as the captain of a ferry which sank is detained in indonesia. 200 people are still missing. i'm lebo diseko in london. also in the programme: it's anguish for argentina, as they suffer a 3—0 defeat at the hands of croatia in the world cup. and the first baby. new zealand's prime minister gives birth — and it's a girl. thank you forjoining us. it's 8am in singapore, 1am in london and eight in the evening in washington president trump says he is directing government agencies to begin reuniting more than 2,000 migrant children with their parents. the families were split up by a new zero tolerance policy introduced two months ago by the trump administration. but there's a great deal of confusion over how it will happen, and a vote in congress on new immigration legislation has been postponed. more from our correspondent nick bryant the first lady has made herself a centralfigure in this row, and today decided to make a dramatic journey to a detention centre in texas where more than 50 children are being kept. publicly, she's called for a country th

four point 7596 followed by indonesia. four point 75% on the 30th of may.the second increase in as many weeks as authorities try to move the support the faltering currency and capital outflows. there are warnings there may be more to cars. the philippines on may the 10th try to contain inflationary pressure due to strong economic growth. the borrowing rate 110w economic growth. the borrowing rate now stands at three point 25%. pakistan was the most aggressive, 6.5% hike in rates amid growing concerns of a growing deficit. we may see more hikes from asian banks for the remainder of the year and to pressure from the us central bank. jeremy thomson—cook is chief economist at the foreign exchange company, world first. i would imagine, for the financial markets, this has been somewhere to put your money in, the dollar, in the run—up to interest rates going up the run—up to interest rates going up but also the strong flow of years about the state of its economy. absolutely. the us dollar is of the most important currency and if the dollar is strengthening, everyb

let's have a look at indonesia, seven trading days. there was the holiday.jakarta, sophie? 1.4% coming that from the break, and there was a potential for losses given the holiday slump, with the seven-daybreak, but looking ahead, they say the central bank decision to defend the rupiah, that could affect things. mayor puzzling in a move towards a present for benchmark -- they towardsiling in a move 8% for the benchmark. japanese stocks easing some of the decline. the hang seng is gaining ground, country we are seeing garden and other shares under pressure. withvery much the laggard stocks that in shanghai. what we are seeing for the h sha res, they are extending their is rising forte the first time in five sessions, so we are seeing a bit of a mixed bag, haidi. to paul in sydney. paul: kim jong-un has promised to upgrade his ties with beijing to a new level. it was confirmed that the north korean leader met with xi jinping in china, another visit in three months, and xi also pledged to keep supporting north korea, a sign of kim jong-un's leverage. the u.s. ha

islamist attacks from his jail cell a man a good to him on is considered as the de facto head of indonesia's supporters of the so-called islamic state prosecutors say the attacks he ordered include a two thousand and sixteen suicide bombing in jakarta that killed four people. world cup news on croatia of course quite an upset at the world cup on thursday by beating argentina three nail a massive mistake by argentina opened the floodgates and allowed until a bitch to break the deadlock in the fifty third minute with ten minutes left in the match and look up one more british extended gracious lead with a masterful shot gracious sealed the tree to win in added time to secure their passes to the knockout stages. of the defending world cup champions germany are in trouble because the unexpectedly lost their five smash your can live steam has shifted focus to that crucial game against redan on saturday a win would see their chances of reaching the last sixteen improved dramatically but the journalists traveling with the swedish squad have other ideas. return tickets for germany departure the day a

like indonesia, jordan is also a center of pluralism. top jordanian officials supported interfaith dialogues that callor peace and tolerance both within the islamic community and other religious groups. they are also tackling the inconsistencies between religious texts that have been hijacked by isis and intellectual and philosophical legacies within islam. they are scouring script you're the to expose the illegitimacy of terrorist claims. one scholar said the following. a in the any minority of muslims are misrepresenting it. true piety means kindness to all others. we were created to be kind to our neighbors no matter who they are or what their faith. another natural partner with a strong commitment to pluralism. to stem the growth of extremism in 2015 the king established the mohamed the vi institute. its mission iso promoteregious tolerance particularly in africa. today this school attracts students from across the continent and from europe as well. a student body of over 12,000 people per year hails from places from morocco, tunisia

and one of the world's largest populations of orangutans is under threat — their habitat in indonesiadestroyed for commercial profit. cruel and immoral — that's how laura bush, the formerfirst lady, has described the separation of children from their parents, as they cross into the us illegally. the trump administration has taken nearly two thousand children from theirfamilies in the past six weeks. despite the criticism of what's happening at the us/mexico border, president trump is trying to blame the democrats and saying he won't allow the us to become a ‘migrant camp'. here's our north america correspondent nick bryant. children held in what look like cages. the trump administration's zero tolerance immigration policy being put into action at this detention centre in texas. it's notjust the much wanted border wall that the administration hopes will act as a deterrent to those who cross the mexican border illegally, but also this wire mesh fencing. la perrera, the detainees are calling it, the dog kennel. and in these dusty facilities, the trump administration isn'tjust detaining c

despite an ongoing search, only 18 survivors have been rescued from rough waters on indonesia's lakesengers were aboard the ferry. let's speak to the bbc‘s rebecca henschke who is injakarta. what more can you tell us about the rescue operations? search and rescue have released new figures on the number of people missing. it's deadly rids —— risen since this disaster and a staggering 166 people are still missing. they have only rescued about 18 people and its one confirmed dead. this number has risen because what we are hearing is that boat was well over capacity, people were sitting in the aisles of the boat and we understand from the local police, the operator wasn't handing out ticket so a clear number of who was on board and how many still has to be worked out as search and rescue try to battle this bad weather in the volcanic lake trying to find more survivors. why do these type of ferry disasters keep happening in indonesia and aren't there laws or rules regarding the overcrowding of these ferries? they do keep happening. there have been for accidents injust the do keep happenin

heat of the day showers across much of southeast asia even affecting indonesia. on october the sixth one thousand nine hundred seventy three when muslims were observing ramadan and jews were celebrating young people. egypt and syria a surprise war against israel carter's world permitted so to get into those situations there's us now in the first of the three part series al-jazeera expose what really happened during the first week of the war in october on al-jazeera. again you are watching al-jazeera amount of our top stories yemeni government forces and their allies say they've won the fierce battle to seize control of the day the airport from heathy rebels however fighting is still going on in certain pockets in the northern part of the airport's compound. in the largest single influx of migrants to spain for four years at least fifteen hundred trucks cross the mediterranean sea from africa over the weekend more than six hundred migrants arrived in the spanish such events on sunday after their ship was turned away from italy and malta. french president emmanuel

fees the latest complaint to the deputy it was filed by cuba on doors the dominican republic and indonesia all tobacco producing countries who claim the laws damaged international trade and violated intellectual property rights that claim was rejected in the rulings expected to accelerate the rollout of plain packaging laws in other countries simon chapman is a public health professor at the university of sydney he says tobacco firms are unlikely to succeed in appealing the ruling. but what the industry always does with legislation that threatens its bottom line and cosyn public health that's exactly what we want to do we do want more people to quit smoking and fewer people to take it out well the industry always us first of all try to defeat legislation then if it can't defeat it it tries to dodge uses water it down and if it counted that it tries to delay the implementation and what these cases are all about a trying to impose a regular treat she will globally so that other countries won't follow instructions for footsteps but they've lost a little bit light we've already got six countri

the man who claims to be the leader of i saw in indonesia has been sentenced to death for his involvement in a series of deadly bombings judges say ahmed abdul rahman has been imprisoned says two thousand and ten masterminded the attacks from his cell service and reports from jakarta. security was tied to the verdict at the court in south africa after hundreds of police and soldiers were on guard among a black man was convicted of planning a gun and bomb attack on a starbucks coffee shop in two thousand and sixteen. in which four civilians were killed and four other attacks he was in a maximum security prison at the time but use mobile phones and the internet to spread his teachings and the man who carried out the attacks visited him in prison beforehand. therefore sentencing on rahman alias abdul rahman and with the death penalty. last month more than thirty people died including the bombers in a series of suicide attacks at churches and at a police station in the city of. families with young children carrying suicide belts were held responsible police have said they were members of a mo

like indonesia, jordan is also a center of pluralism. top jordanian officials have supported interfaith dialogues to call for peace and tolerance, both within the islamic community, and with other religious groups. they are also tackling consistencies between religious texts that have been hijacked by isis, and the intellectual within islam. cal intricacies they are scouring scripture to expose the illegitimacy of terrorist claims from within their own tradition. for example, one jordanian scholar said the following. a tiny minority of muslims have fundamentally misunderstood islam, and are grossly misrepresenting it. true piety necessarily involves virtue and kindness towards others. all others. because kindness is the fruit and result of love. we were created to be kindto our neighbors, no matter who they are, or what their faith. morocco was another natural partner with a strong commitment to pluralism. to extend the growth of string -- extremism, in 2015, the king established the muhammad vi institute for the training of imams. they

the year this verdict is not only seen as a strong message to those involved in terror attacks in indonesia but also to the ideological leaders counter terrorism laws have recently been revised to make it easier to prosecute those inciting violence but above all this case has put the spotlight on indonesia's present system notoriously lacking security firm filner was injured during the attack at starbucks judges decided to say compensation should be paid to him and out of victims of attacks but not as much as they wanted to becoming more at ease with this situation this is just a time factor and. the time heals the wounds and the memories of the past. the closure will come war because of the decision by the judges or the panel of churches to grant compensation and thereby contributing to the closure then the actual conviction. in court. down and kissed the ground after the verdict was read out he said he won't appeal step fossum al-jazeera jack after. had her on this news hour including oil producing countries debating whether the time is right to pump out more crude. plus . and once a shif

indonesia's economy has not grown as much as we dawdle had promised and unemployment is still high but mayor fenty a supporter of the president is optimistic that we don't a government can continue to work next year and he himself can continue to turn that into a city of tolerance and peace with churches don't need to be protected anymore step fasten al-jazeera but cassie. inspan the first trial of so-called stolen baby scandal has begun thousands of children are believed to be taken from their mothers over several decades and eighty five year old doctor is now on trial accused of stealing a baby girl in one thousand nine hundred sixty nine as pieces shop reports. are now . they call themselves the stolen babysitter sociate each of them horribly scarred by the loss of the newborn and each of them could tell an all too familiar story. you know doing my baby was with me for the first day i fed her she was fine then they took her away to wash her but they didn't bring her back three days later they told me she was dead they gathered outside the municipal courthouse in madrid but they were

you know obama and his being you know instruction and indonesia authorities say the number of people feared drowned after a tourist ferry sank could be up to one hundred ninety three raising fears that it can now be the country's worst maritime disaster as the search operation continues family and friends of those missing are waiting for news on their loved ones the captain of the boat was detained by police for questioning on thursday he's one of eighteen people rescued after the wooden boat sank and so much island's lake toba on monday. so i mean that by side in the us i ask for these kinds of disasters to never happen again ordering the minister of transportation to evaluate all safety procedures and standards of transportation vehicles for all owners of such boat do a b. the regulations prioritize passenger safety and whole instructions from the meteorological agency for any forecast of potential bad weather place in thailand are carrying out raids on factories in an attempt to stamp out the illegal imports of electronic waste a waste since china banned imports recycling companie

let me give y a few examples, starting in indonesia. southeast asia sadly is no stranger to terrorism. last year, we saw isis seized a city in the philippines. earlier this month, isis inspired terrorists carried out a series of attacks on searches, and a police station in indonesia. i met with indonesians who are working hard to counter terrorism ideology in their country and throughout the entire region. it stands as a potent antidote to extremism. it's home to the world's largest muslim population and boasts a proud history of religious tolerance and pluralism. last year, a group of indonesian students published an 8000 word declaration on mediterranean islam that rejects the best of their country's traditions. they focused on three priority areas. they went to a religious understanding and mutual respect, emphasizing what they term the humane and spiritual dimensions of their faith. they want to promote critical thinking skills, to enable people to resist the siren song radicalism, and they want to embarrass it will -- citizen socie

we could do oversight of this transaction in indonesia which barely got attention because in a worldhich so many bad things are happening every day with this administration and are so many allegations of corruption, how do you keep track of them all? we would look into that. >> how aggressively the, you can look into e-mails, budgets, call for testimony. how aggressive and interest would you say you're going to be? >> look, i think in order to protect the public we need to begin with hearings on these issues and see whether there's any there. if you look also at something just with the last couple weeks have really got attention, it was revealed the president was secretly meeting with the postmaster general to browbeat her into raising postal rates on amazon as a way of punishing jeff bezos in the "washington post," another attack on the free press. we should have your with the postmaster general to find out is that what happened, what with those discussions like, what was the argument the present was making for raising rates on amazon? and find out whether the president is taking ac

we could do oversight of this transaction in indonesia which barely got attention because in a world in which so many bad things are happening every day with this administration, and there's so many allegations of corruption, how do you keep track of them all? so we would look into that. mike: how aggressive will you be with your -- because you can look into emails, budgets, you can call for testimony, right? like, how aggressive, intrusive, would you say you're going to be? mr. schiff: i think in order to protect the public we need to begin with hearings on these issues and see whether there's any there there. if you look also at something just within the last couple of weeks that barely got attention, it was revealed that the president was secretly meeting with the postmaster general to brow beat her into raising postal rates on amazon as a way of punis jeff bezos and "the washington post," another attack on the free press. we should have a hearing with the postmaster general to find out, is that what happened? what were those discussions like, what is the argument the president wa

in indonesia, it was about the pressure on capital flows that actually pushed indonesia to hike.a bit of differentiation. inis a little bit of a mix asia, but more driven by inflation. the central bank of turkey's rate hike was more driven by pressure. from is a differentiation deficit economies. in more of the surplus economies meeting the last policy was more dovish, compared to expectations relative to the markets. some in emerging-market nations, including some in asia that used to have been reduced. there anyone in asia you are concerned about regarding their position, connected to what comes? who should we watch out for? >> a locked up small economies in asia are quite exposed. is in aa, indonesia better position than 2013 -- the e.m. is matters for china. the current account for chi has shrunk quite substantially. we need to assess what extent external pressures are making on chinese policy. is interest rate in china linked to what is happening in the fed. what has helped china is the tighter management of capital flows. we need to look at what extent china can sustain its

hopes of finding survivors in indonesia an overcrowded ferry capsizes and sinks. a bad apple in australia the tech giants find but why were i phone customers misled and in sport why is disgraced former president about to make an appearance at the world cup. war violence and persecution of forced more people to become refugees than ever before the latest u.n. refugee agency report finds more than sixty eight and a half million people are displaced worldwide as of last year has met in one hundred with a closer look at those numbers. every two seconds a person is forced from their home over a day that's forty four and a half thousand people over a year more than sixty million this is the un figure for newly displaced people in two thousand and seventeen the un's refugee agency says it's part of a worrying upward trend a number that's risen every year for the last five years and is fueled by war violence and persecution crises like those in the democratic republic of congo war in south sudan the hundreds of thousands of muslim or head injury flooding into bangladesh f

nearly 200 people are still missing after a ferry sinks in indonesia.argentina's hopes of reaching the knock—out stages of the world cup suffer a blow after a 3—0 defeat to croatia. and namaste on a global scale. millions of people around the world celebrate the international day of yoga.

i want to look at taiwan and indonesia.nd also because there is big outflows. taiwan is tech heavy. china heavy. very large economy. you have different profiles yet both are seeing extraordinary outflows. taiwan, $12 billion over the past month. indonesia, worst ever at about 7.8 billion outflows. part of the jell that ties this route together has been a spike in volatile fifment global volatility has gone up as we saw -- and ry and stay sh then it stayed up. they have to take volatility into account in deciding whether it is worth staying in the investments they have made and the answer they have been givening hthing great no. as long as we have trade wars and fed rates and other things driving volatility keeping it elevated, we'll see these outflows continue. david: that's a beautiful chart. heidi, bring it. haidi: i'm optimistic now. he was mentioned indonesia and being reliant on commodity prices and malaysia as well when it comes the crude. the clear reaction you see across the entire commodities complex, this is from

bank of indonesia working on a third rate hike in three months.ven stemmed outflows? rishaad: central banks are talking about that, we had a guest talking about the bond buying program in indonesia. fallen, bonds have also and the question is committed to have any bonds is left to buy anyway? let us find out what is going on market wise, here is sophie kamaruddin. sophie: won it comes to the mood in jakarta, the stoxx has gained about 1%, and the rupiah is under pressure as well. taking a look elsewhere, looking study.yen, it is looking but we are seeing declines for japanese stocks, and the cost be is off by about a 10th of a percentage, lower for a fourth day. the korean won has stalled after i hit overnight. looking at the yuan, the offshore rate is in for a 12 day of losses, and the pboc set of fix at the weakest level since september. although, it is looking stronger-than-expected, guys. haidi: thank you, that is get the first word news with paul in sydney. paul: haidi, bloomberg has been told that china's is that china is considering whether

list or record of ticket sales the exact number may never be known ferry accidents are common in indonesia where safety measures to not enforced the president is demanding action i mean the need of it that it will unlike the i ask for these kinds of disasters to never happen again and i ordering the minister of transportation to evaluate all safety procedures and standards of transportation vehicles. using an underwater drone rescue workers are trying to locate the vessel in the murky depths of the lake once found they hope more bodies can be recovered while relatives are waiting for answers the government is under pressure and not a ferry disaster highlights that safety procedures are not being followed. has been chosen by president job as one of the country's main tourist destinations but many fear that physicists will think twice before travelling by boat step fasten al-jazeera that. thai police have raided factories in an effort to stamp out illegal imports of electronic waste or a waste since china banned imports recycling companies in thailand have been taking in more ways than they

because in indonesia has sentenced a cleric to death for planning a series of islamist attacks from his jail amman a bit of him on it is considered the de facto head of indonesia's supporters of the so-called islamic state prosecutors say the attacks he ordered include a two thousand and sixteen suicide bombing in jakarta that killed four people. turkey's voting in elections and indications are that the opposition is mounting its strongest challenge yet to present. the mean opposition candidate has reportedly had one of the largest campaign rallies in the country's history observe a seat two million people rallied in is near a four. and a c.h.p. party polls show in she could force a jew on to a second round on sunday. by inches strong campaign has given a boost to the embattled turkish opposition both at home and abroad did obvious terry should match one of their campaign as in brussels. turkish opposition politician katter seventy came to work at the european parliament thirteen years ago now she believes she's finally within reach of the dream she's had from the very start at the time