twelve time and we're up sixty three percent massive massive right we also had indonesia up over a quarter of a percent vietnam apparently that's the hot spot right now because it has favorable conditions so i think the interesting thing is that indonesia now poses a threat to china that china has been posing to the west for the last thirty years well like they say with goes around comes around to ask you thank you very much kitty help being. a little less than a decade russia may overtake germany as the world's fifth largest economy about according to pricewaterhouse coopers predictably it's the demand for the country's abundant natural resources that will. drive the growth but the report also claims russia's aging population and its shrinking workforce mean that its growth will slow after the year twenty twenty and neil ferguson of harvard university tells business he agrees with this is us mint and he expects a global economic paradigm shift. the fiscal situation is far superior to any west european country there is falling inflation the move to flexible exchange rates been successful and then of course we'

it just got back from its asian humanitarian assistance from guam, indonesia, vietnam, an amazing number of nations we're partnering with. those hospital ships with 1,000 beds, 12 operating rooms, they produce their own medical oxygen, they have ct scanners and they can do almost anything a hospital on the west coast can do and we can park them offshore as we did in haiti and in haiti they spent the first 72 hours once they got on scene doing nothing but repairing crush injuries and restoring life. that's the capacity we have. i like to think in our partnership with the maritime services and the coast guard and our reserve forces, i like to think of us as america's or the world's 911 when something bad, either man-made or natural happens, some catastrophe happens in the world, often times the ambassador will pick up the phone and dial 911 and the navy marine corps team answers the phone. it is our those, it is our dna it is our ability to be there. if you look at the communicate dapbt's 3 central tenets of what he believes it importance, readiness is in there. the ability to move and go

beyond china, though, southeast asia, a bigger opportunity with money flowing into places like indonesia, vietnampopulation areas throughout southeast

all about it does it really seem like it's losing out to countries in southeast asia like indonesia and vietnam that how cheaper a production capacity is because it's direct foreign investment this year sliding it's down almost four percent indeed and that's very significant because the last time it declined was two thousand and nine of course we were in the midst of a global recession so there have been a few alarm bells of going off with this data for sure the reason really is because of the labor costs they all going out quite significantly now the malefactor of course the china which we really is how they managed to grow so. remarkably fast in the last thirty years and now that they don't have that because people living in the second biggest economy in the world are saying hey listen we want to a better lifestyle we want higher wages we want better working conditions and that's exactly what they get and it is the poor i show in the government at the moment to really reform but i'm a big believer in china's economic miracle so i don't really buy the idea that it's the and of china's manufact

he'll head next week to indonesia, thailand, and vietnam. abe wants to strengthen cooperation among southeast asian nations. several of them are caught up in territorial disputes with china. and security analysts say abe wants to keep china in check. u.s. state department spokeswoman victoria nuland said officials on both sides are still work out the detail of abe's visit to washington. she said secretary of state hillary clinton will meet next week with japanese foreign minister fumeio kishida. nuland said clinton spoke with kishida over the phone and senkaku islands in the east chinsea. clinton said t islands are covered by the security treaty between the two countries. nuland said clinton urged chinese and japanese diplomats to hold talks to resolve the issue. >>> now, before abe heads off, he has to take care of some business at home. ai uchida has been following up on that. so ai, what has abe been up to? >> well, catherine, you might remember yesterday he gave outlines of his proposed stimulus measures. today he's getting some people t

very successful, but in the sense that other countries you know, the asian countries from indonesia to vietnamjapan that the u.s. is more engaged. is there a danger that this turns into a kind of containment policy against china and the chinese don't like it and that produces its own u.s./china rivalry? >> if we were to move too much towards a containment policy, sure, there is a danger it would become self-sul filling. what i think works against that, though, is most of the countries in the region aren't ready for that. they don't want to have to choose between the united states and china and they don't want to push us into containment. what they really want to do is keep us close and what we want to do is keep them close. we don't want them each going their own way with nuclear programs or military programs tornado in, we don't want them to feel they've got to apiepeas china. so, what i think you're seeing is actually fairly about right. i don't like the word pivot, it's too sharp. more economic dynamics to american foreign policy and it to push a new transpacific and trade agreement, the pa

abe will make stops in vietnam, thailand, and indonesia.nment officials say he's trying to organize a coordinated response to chinese maritime activities. they say he wants to work with other leaders touaraeeree and safe navigation through the east china sea and the south china sea. the officials say abe and his counterparts will discuss intrusions by chinese ships into japanese waters near the senkaku islands. japan controls the islands. china and taiwan also claim them. abe says china has tried to change the status quo by force and unilaterally escalate the situation. >>> hundreds of fans have gathered to show their support for a popular chinese author. he's expressed his support for journalists who have been censored by chinese officials. more than 800 people came to a book signing event in shenzhen for li chengpeng. he writes about social injustice in china. officials forced the southern weekly newspaper to rewrite an editorial calling for social freedom and democracy. li wrote on the internet that china does not need an aircraft carrie

he's traveling to vietnam, thailand and indonesia next week. it will be his first trip abroad since taking office last month. chief cabinet secretary yoshihide suga says the four-day tour to the members of the association of southeast asian nations will start next wednesday. >> translator: the strategic environment has been changing drastically in the asia pacific region. it is crucial that japan strengthen its cooperative ties with asean members to secure peace and prosperity in this area. >> suga denied suggestions from the media that china's expansion in the south china sea is the main reason for the visit. he and prime minister abe want to firm up economic partnerships with these fast-growing asian countries, which are leading global economic growth. >>> senior officials of the ruling liberal democratic party and it's coalition party have agreed on abe's economic stimulus plan. the agreement came on thursday at a meeting attended by abe who is also the ldp leader and new komeito leader, natsayama guchi. abe calls the stimulus the first in a

the newly elected leader is visiting vietnam, thailand and indonesia to strengthen ties in one of the world's economic regions. japanese companies are boosting investments here amid a territorial spam. as nhk world reports, they face a constant struggle to remain competiti competitive. >> reporter: indonesia is booming. commit is driving more than 6% a year. no wonder japanese firms i want to do business here. this sewing fact industry -- a japanesemaker of sporting gear. 60,000 leather gloves for golf and baseball are produced here every month. 12 years ago, the company chose indonesia, where labor costs were lower than in china. >> translator: making gloves requires a lot of work. so keeping labor costs low is critical for our business. >> reporter: but even in indonesia, the minimum wage has more than doubled in the last six years. how much of the extra costs they can pass on to consumers is immeasurable. >> translator: this year has been the toughest ever. i don't know how we can overcome this. >> reporter: some businesses think they found the solution. it was known as asia's fina

he's traveling to vietnam, thailand and indonesia next week. it will be his first trip abroad since taking office last month. chief cabinet secretary yoshido says the members of the southeast asian nations will start next wednesday. >> translator: the strategic environment has been changing drastically in the asia pacific region. it is crucial that japan strengthen its cooperative ties with asean members to secure peace and prosperity in this area. >> suga denied suggestions from the media that china's expansion in the south china sea is the main reason for the visit. he and prime minister abe want to firm up economic partnerships with these fast-growing asian countries, which are leading global economic growth. >>> abe is not only taking care of business overseas but his main focus has been to boost the economy here so japan can start growing again. ron madison in the studio with more on that. >> yeah, we have been talking a few days at areas they would like to see stimulus, gene, and now we hear senior officials of the ruling liberal democrat

already infected people in several countries including densely populated china and indonesia as well as thailand vietnam and egypt among others. just as just in two thousand and twelve known cases of the h five n one bird flu in cambodia killed ninety percent of those infected in china sixty five percent died in indonesia the mortality rate was eighty three percent and in the lagos' and i jura the mortality rate was one hundred percent every single person who got it died if the sixty million americans who get the flu every year suddenly got this particular strand of the flu this h five n one and upwards of forty million americans would die it would be a disaster on a scale never before seen in this nation or you know other than possibly when europeans wiped out native americans when they first brought the original flu from europe and if it spread around the rest of the world it would make the black plague of the fourteenth century look like the common cold here's a doctor gregor said about this particular flu. it's like crossing one of the deadliest known human diseases ebola with one of the you know mo

whatever we do in china should not or in the far east, independent knees yeah -- indonesia, vietnam, all of these countries should not come at the expense of relationships in europe or the middle east or elsewhere. it can't. what we need to do is try to bring europe along with us to a recognition of the opportunities in the far east. it would improve our clout. it would leverage the market. perhaps there has been some talk about u.s.-e.u. trade relationship. i don't know whether that could become a reality or not. but we need to think thoughtfuly about not creating a threat where there isn't one and understanding very carefully where we can find the basis of better cooperation. now i want to emphasize, because i want someone out there saying kerry has a mistaken notion about china about what they're doing. i'm not saying you don't have to be careful and diligent and understand where it's going and not talking about retreating from our current levels whatsoever. i'm simply trying to think about how we do this in a way that doesn't create the reaction you don't want to create. >> senat

vietnam. abe will also stop in thailand and indonesia on his first official trip after being reelected last monthonomic relations in and -- and china pose a growing military might is likely to top the agenda. japan and vietnam are locked in a maritime disputes with china. they lay claims to a group of islands in the east china sea. islands farther south are claimed by vietnam, and several other countries in the region are claiming them as well. a u.s. talk-show host, oprah winfrey, has been speaking about her interview with lance armstrong. she would not confirm whether or not the ban cyclists confessed to taking drugs. he has been stripped of his seven tour de france titles and banned from professional cycling for life. we will find out what he says on thursday when the interview airs. venezuela's vice president steps in for hugo chavez. still ahead, his state of the nation address and his message to the opposition. and getting to safety. two japanese airlines have grounded the streamliners after another malfunction. what next for boeing? -- grounded the dreamliners. >> hello and welcome back. i

across the whole region, if you've got 6% growth, you know, cross countries including indonesia, philippines, malaysia, vietnam, there's enormous populations there. so the energy demand and energy supply and infrastructure deficit is there. and you know, we see, you know, doubling of energy demand over the next decade. and that's going to continue fueling the name for -- >> you see that sort of energy demand then. how are you reacting in terms of what your investment strategy is going to be, your production strategy? >> we've been in asia for just over 40 years. and leighton is one of the few companies with a full economic footprint off of asia. we continue to export services where we can extract value. we're excited about the opportunities we see, especially in countries such as indonesia. >> just talk about australia. we heard inflation, a little weaker than expected today. mr. swann from rbc says there's potentially room to cut rates. do you think they need to? what's your view of the economy? >> i think the big issue for us that we're seeing affecting a lot of businesses is the strong australian dollar. an

military support repeating meetings with top leadership of countries of japan, korea vietnam thailand, singapore, indonesia burma, all of which represent the future of the united states in terms of trade, security and cultural vote in the coming decades. with respect to burma it was a great moment to sit down to see cg recognized by the congress a month or so ago coming to this country estate in other member of the parliament. we began to change in that relationship from our office, directly from our office based on work i had begun and become interested in over a period of six years before the select did to the senate. i'm very proud to say that the groundwork for mr. visit in 2009 inside our office. often i would say against the will and advice of our own state department threes validator's. we talked to people we knew in the region. i became the only american later average in the general time choi, leader of the military junta to express my belief that we could work forward to have a different relationship. i hope that those who have some doubts about the wisdom of opening up this relationship now can s

whatever we do in china, it should not or in the far east in indonesia, which is rapidly growing and enormously important. vietnam all the countries, should not come, and i hope will not come at the expense of relationship in europe or the mideast or elsewhere. it can't. what we need to do is try to bring europe along with us to a recognition of the opportunities in the far east, it would improve our clout, it would leverage the market, perhaps there's been some talk about a u.s.-e.u. trade relationship. i don't know whether that can become a realty or not. i think that we need to think thoughtfully about not creating a threat where there isn't one, and understanding very carefully where we can find basis of better cooperation. >> i want to emphasize, i want somebody out there saying kerry has a mistaken notion of what china is up to or what they're doing. i'm not saying you don't have to be pretty careful and vigilant and understands where it's going. i'm not talking about retreating from our current level, whatsoever. i'm simply trying to think about how we do this in a way that doesn't create the reaction you

we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in new jersey. i hope to get the drift. we have people hurt in the united states of america but we also have a future that we have to look at cost. each time we spend money, we do not have, i would submit to the members of the committee that furthers the rest of the insolvency in bankruptcy and if that were to happen, it would debilitate the country so i request your consideration to the amendments i have before you. >> thank you mr. chairman for your work tonight and at the time in reviewing these amendments. i offer today an amendment 73 to the rogers substitute regarding watershed protection funding for the states impacted three wildfires in the western united states over the course of 2012i believe he said the news programs around the country every senator on the tv station use all the news of the hurricanes and what was happening in florida or in new york or new jersey and connecticut but june of las

whenever we do in china, it should not -- or in the far east, in indonesia, which is rapidly growing and enormously important, vietnam all of these countries -- should not come and i hope will not comment the respect -- in the expense of our relationships with europe and others. it cannot. what we need to do is bring europe along with us to the recognition of the opportunities in the far east. it would improve our clout. it would leverage the market. perhaps there has been some talk of a u.s.- eu trade relationship. i do not know if that can become a reality or not. but i think we need to think thoughtfully about not creating a threat where there is not one and understanding very carefully where we can find the basis of better cooperation. i want to emphasize -- because i don't want somebody out there saying that kerry has a mistaken notion of what china is up to or what they're doing. i am not saying you don't have to be pretty careful and vigilant and understand where it is going. and i am not talking about retreating from their current -- from our current levels whatsoever. i am simply trying to think about how we

whenever we do in china, it should not -- or in the far east, in indonesia, which is rapidly growing and enormously important, vietnam, all of these countries -- should not come and i hope will not comment the respect -- in the expense of our relationships with europe and others. what we need to do is bring europe along with us to the recognition of the opportunities in the far east. it would improve our clout. it would leverage the market. perhaps there has been some talk of a u.s.- eu trade relationship. i do not know if that can become a reality or not. but i think we need to think thoughtfully about not creating a threat where there is not one and understanding very carefully where we can find the basis of better cooperation. i want to emphasize -- because i don't want somebody out there saying that kerry has a mistaken notion of what china is up to or what they're doing. i am not saying you don't have to be pretty careful and vigilant and understand where it is going. and i am not talking about retreating from their current levels whatsoever. i am simply trying to think about how we do this in a way that does no