japan will retaliate. japan will have to retaliate. so its own economic interests, right, industrial interests will be at stake so that won't be the pattern of behavior. i think that we'll see -- that we've seen to date. on the larger question of where do they go, i don't see japan-china as an alternative to the u.s.-japan alliance. i just don't see it. we'd have to be in a very, very different world. we may be in that world ten years from now, and we may all come back and it may be different but not in the foreseeable future. i think the strategic competition between japan and china is real. i think the long-term concern about china's military power is very real in tokyo. and i think that's where the u.s. and japan may have some differences in emphasis. we may not be as concerned at times as the japanese will be on chinese military power. but that's partly explained by they live right next door and they will be affected no matter what the chinese decide to do. they will be affected by that military power. on the global network of prod

facilities in south korea and japan and okinawa, but even japan thing -- japan paying for facilities,ell. even when that is pointed out, there is still a lot of, yeah, but that is not enough. japan, like many of us are surprised by the shift from seemingly the brink of war, to negotiation. abe talked about the concern of too many concessions. but also there is a con -- there is a context of over there. they refer to the region over there as very distant and distinct. that is both in the concept of war, like there would be a war, but it would be over there. well, we have all these troops as well as u.s. civilians over there and we are committed by treaty, as well as doing the right thing, to protect our allies. but even in the sense of, if we have a magical solution to the nuclear problem as nations are looking to help rebuild north korea, it would be like, yeah, japan and south korea would pay for it. so, admittedly, overly negative. well bruce, didn't you listen to our presentation? overly negative, reread your notes. but if it is not overly negative, where does japan go? it can't se

in japan. warith the outbreak of the came the classification of foreigners living in japan in two categories. allies, like the germans and italians, enemy aliens like americans, british, dutch, and ,ustralians, neutrals, soviets the swiss, and the sweetest, and finally, foreigners who had no nationality. withoutcalled nationality. those were the words we had to in when filling out forms which we had to indicate our citizenship. people did not all fall into one simple category. whitee known as the russians. while this term had no legal significance whatsoever, it indicated our national origin and the distinguished us from the soviets who were red russians, most of them diplomats who resided in japan. by the never referred to japanese authorities as jews. that was a distinction the japanese did not make. the only way of anti-semitism during the war came in a publication in japanese of the protocol of the elders of zion. forgery,own literary it had first been published in russian in 1903 and alleg

and in japan also different.r communicating with the people, with the local people, and then i think it's wonderful. but to me, i've been living in this country for 50 years, and so that-- jon: which is hard to believe, by the way. robert: yes, it is. jon: she's 51 years old. nobuko: yes, yes, my father said to me once when i came to this country, he told me, "building a wall is very easy, but building a bridge is very difficult. so, if you go to america with that blessing, i want you to build a bridge between united states and then japan." so, that is why, i mean, we are heavily involved for the many nonprofit organization. but to me, japan society is very important because that is an organization that i involve for the first time when i came to this country. robert: and jon, she mentioned building bridges, and also building walls, which means that, you know, there probably, we have seen the japanese leaders and the president, donald trump, interacting in a very friendly way. what does japan--how does what's hap

but japan insists its rights are being denied and japan is i don't country. a body but into being resources including whales. it is very very important and we. are trying to sustain every use everybody enduring resources clearly angry over its defeat japan's deputy fisheries minister warned his country will be reassessing its continued membership in the i.w.c. . outside the venue conservationist group celebrated their victory but they're still out here protesting and the reason is that even though the ban remains in place the capture and killing of whales continues countries like japan and iceland argue that it's necessary for scientific research even though much of the meat and is up on someone's table. host country brazil was also disappointed its initiative to create a marine sanctuary in the entire south atlantic was denied and that is it is the fact to be told by countries that are not in our region it is voted against by countries that are completely foreign trade now wils will at least remain off limits to those who believe that they're as legitimate a

incredible scenes there from japan. let's get more.id greco is a professor of english at a university in osaka, and was there during the typhoon. david, thank you for talking to us. what did you see? yesterday around ipm is when the wind is really pit and it was extremely strong winds. i think they said about 160 kilometres per hour. —— really peaked. in my area, especially some of the older structures were damaged. the sides of the building, the plaster came off, and roos were blown off too. and we're hearing reports of those winds up to 200 kilometres an hour. how did you feel when you witness that? had never seen a storm this strong and i think everybody knows that the same thing, windows were shaking, doors were shaking. —— i had never. we tried to stay away from the windows because i thought was going to shatter, so extremely strong. what did you in the community that you into? you said you just tried to stay away from the windows, what was going to your mind at the time? well, we have had a pretty rough year. i'm sure you have he

japan's honor had been violated.explosion] within half an hour the japanese railroad garrison launched a coordinated attack on the barracks of the sleeping army, the slaughter was appalling. by midnight they conveniently placed japanese army poured across the korean border and the first act of aggression, the invasion of manchuria was on. in four days they had occupied the whole of southern manchuria. shortly after, the whole country . manchuria became manchko. the japanese had prepared a weakling for the job. in washington, henry l stimson and secretary of state sent out a blistering narrative. to guarantee peace in the far east. the remainder of these, jump -- japan, however must accept and adopted by the assembly. >> the japanese delegate, knowing there were no guns behind this condemnation smiled, took up their briefcases, marched out of the league. manchuria was dead. collective security was dead. a green light had been given, the rest of the world knew that these aggressions should be punished but were unwillin

on japan's automobiles, if it is implement it, it may reduce japan's gdp by 0.5%.ts, thes automobile occupies a very big share. it is about 0.9% of gdp. if half of japan's automobile orts are cut, that will have quite a substantial impact on japan's economy. the market looks optimistic at the moment, but i think we see a pressure onward equity prices next week. if the trade could be threatening this run of economic growth japan has managed to secure, does that mean the window for structural reform for the third arrow is closing? the economy may not be able to withstand another sales-tax hike ? tomo: that is a good question. strategy seems to have lost to some extent. it puts downward pressure on japan's growth in the medium term. on the other hand, due to various structures, the private investments in japan have picked up quite sharply, helped by rising corporate profitability and the great state of the global market. also the shortage of labor province. i think private investment is really going to lead the japanese economic growth over the next one or two years.

and japan. we've already learned this morning that japan's economy minister motake has agreed to some trade strategy basics with the u.s. counterpart light hires. -- litehize refment. haidi: jessica summers in new york. jess. jessica: thanks, haidi. he trump aid -- t administration wanted to make international institutions irrelevant and is approaching diplomacy with "a nazi disposition." rue hane invited the u.s. for more talks on the 2015 nuclear deal. he said dialogue starts with ending threats. the central bank governor of argentina has quit just three months into the job. luis kaputo resigned after a new deal with the imf would require a new approach to monetary policy. caputo cited personal issues as the reason for his departure. he was immediately replaced by the deputy economy minister, hedo sinlares. the peso fell further on the news. india has bowed to u.s. pressure and will not buy any iranian oil in november. that's when president trump's new sanctions come into effect. oil and petro

yorizumi: i do not think japan is more normal so much -- vulnerable so much because japan ine massive particularly the auto sectors, and providing may be 1.5 million and in the united states, also more than 2.7 million units of japanese cars being produced in the united states, so those are really the contributions to the u.s. economy. more than 400 units of cars made in the united states have been exported by japanese manufacturers in the united these, takenl of into consideration, i do not think there will be too much hustles on the part of japan, and also towards the end of this japan-u.s.e will be summit talks to be held in the united states, next to, you know, side-by-side to the un's general assembly, and hope that there will be a deal struck in misgivingstigate the of this u.s. protectionism against japan and also against other countries. to beare considered allies to the united states. haidi: we have seen high-level talks recently and it ignited hopes that maybe they would be a stronger trading relationship. i have this chart for the viewers to show the picture when it comes t

do you have concerns that japan is chairing the event this year?come forward the yearjapan are chairing it, but there'll be many countries watching how japan chairs the meeting very carefully, to ensure that they remain strictly impartial. as the meeting unfolds, it will become clear if japan is trying to use its chairmanship in some ways to advance this proposal, which would not normally be the case. it has dominated the box office in the us since it opened three weeks ago. the film crazy rich asians is becoming an international movie hit, and it is about to premiere in london. our entertainment correspondent lizo mzimba has been to meet the cast of the blockbuster movie. we've been dating for over a year now, and i think it's about time people met my beautiful girlfriend. it is the romantic comedy that has been delighting america. these people aren'tjust rich, they're crazy rich. and, with its all—asian cast, is changing hollywood. this is rachel chu. when you look at the lack of asian—american and asian—led stories and actors, it really highligh

japan is threatening to withdraw from the international whaling commission after it folks have down the countries there to lift a ban on commercial whaling japan had argued that since the ban was introduced of the one nine hundred eighty s. stocks have recovered sufficiently for it to be left us but i'm still willing countries led by australia the european union and the united states to face it japan's proposal it's likely japan will continue to hunt whales by making use of a loophole that allows so-called scientific way. whales are the world's biggest sea mammals and their existence is threatened as ocean pollution increases but they're also highly coveted for whale hunting by japan these japanese ships official mission is to perform scientific research you know to meet some of the international whaling commission in brazil japan push to bring commercial whaling back there was supported by iceland and norway but the motion failed japan accepted the decision but has threatened consequences if russia or winning based on science is completed you know. if there is no possibility for the di

now japan's being hit by the strongest typhoon to hit the country for twenty five years or thors is a million people in western and central regions to leave their homes and move to temporary shelters typhoon gebbie made landfall in the country's southwest bashing six of kobe osaka and kyoto with torrential rain and violent gusts at least two million households without power the typhoon is also causing serious disruption to road rail and traffic. you know the latest from but journalist michael penn who joins us from tokyo welcome michael. b. has just made landfall talk us through what's happening. well the typhoon is extremely powerful in fact they're saying that it could be the most powerful typhoon to hit japan in twenty five years. however it's also fast moving it hits the concept of region which is the second largest urban area of japan and it moved quite quickly through it and is now going along the japan of sea coastline the amount of damage that it did in terms of you know ripping off rules and and smashing a ship into a bridge and cutting off the khans like airport was pretty a

this is you know we news live from berlin a powerful typhoon batters japan the strongest storm in more than twenty five years on leashes wind gusts of more than two hundred kilometers an hour to soaring homes and causing flash floods more than a million people evacuated also coming up in germany's big debate about organ donation thousands of people who need new organs but fewer and fewer are willing to register and become organ donors at a controversial law now is trying to change that. and google turns twenty from the lucky start up to internet giant having conquered the world we'll look at the tech titans search for the next big idea. thank you so much for your company everyone in japan is being battered by one of the strongest typhoons in a quarter of a century authorities have urged a million people in western and central regions of the country to leave their homes and move to temporary shelters all typhoon made landfall in japan southwest hitting the cities of kobe osaka and kyoto with terentia will rains and violent gusts more than one point five million households are now withou

japan had not declared war, so we went on selling scrap iron to japan.s suddenly occupied austria. six months later, hitler and his stooge met the anxious democracies at munich. hitler promised peace if britain and france would give him that part of czechoslovakia known as the sudeten land. britain and france gave him that part of czechoslovakia, hoping to avert war. now he had his word. peace in our time. at home, we began to read the strange headlines. >> extra, extra. read all about it. nazi spy gang captured. >> we sat in our theaters unbelieving, as motion pictures exposed nazi espionage in america. >> we must destroy the chain that ties the whole misery of american politics together and that jane is the united states constitution. >> could these things really be? yes, these subversive acts were happening in real life, every day. german-americans organized for the purpose of destroying us marched under our very noses. >> i pledge undivided allegiance . allegiance to the flag of the united states of america. and the republic for which it stands. one

japan hit by the strongest typhoon for more than twenty five years more than a million people evacuated rather than at traffic massively disruptive. taking sides or but taking the news for john to nike puts american football commentator percent of its new ad campaign and ignites a new control message. i'm for the gal welcome to the program it's not about being left wing or right wing it's about doing but decent thing the lead singer of one of germany's best known rock bands ditto jose described last night's concert against racism in the eastern german city of candidates musicians said they wanted to send a signal after the violence that followed last week's anti micro protests in the city tens of thousands turned out to watch the concert. videos into may and there were more of us that was the most of today's event is liberal germans responded to calls to stand up against far right racism before the concert got underway there was a minute of silence for the thirty five year old whose fatal stabbing unleashed a week of anti mike and protests. the mood was peaceful albeit with a clear mess

to --as: japan is going obviously, what japan is focused on is the tpp.broader and higher-quality fda that have been working on with that in other countries. going to give not anything to a bilateral, but it was not going to give to her p -- her ttp in the first place. the aim is that in the future, it would draw the u.s. into tpp. [speaking a foreign language] [indiscernible] . you can get a roundup of the stories to get your monday going in today's edition of daybreak. bloomberg subscribers go to dayb . it is available on the mobile in the bloomberg anywhere app. you can see the nafta drama continuing to play out. a deal is imminent. very slim on the details. you can customize the settings and get the news on the assets you care about. this is bloomberg. ♪ this is "daybreak: asia." i'm kathleen hays in new york. haidi: i'm haidi stroud-watts in sydney. a quick check of the latest business flash headlines. 1.2%reenlight capital lost last month taking its overall shot for the three quarters to 26%. it leaves it's on track for its year -- for its worst

appropriate it's like in japan will continue to hunt whales by making use of a loophole and those so called scientific whaling. whales are the world's biggest sea members and their existence is threatened as ocean pollution increases but they're also highly coveted for whale hunting by japan these japanese ships official mission is to perform scientific research you know not to meet some of the international whaling commission in brazil japan push to bring commercial whaling back they were supported by iceland and norway but the motion failed japan accepted the decision but has threatened consequences if russia are willing based on science is completely denied. if there is no possibility for the different positions and views to courtney's this was mutual understanding and respect. then jump around chris to undertake a fundamental assessment and its position as a member of the sea. the decision is a relief for environmentalists to calling for a complete ban on whaling and more protections for them by listening and take me inside whales face dangers on multiple fronts commercial fishin

it's actually pretty close to japan from. to the way near the coach ian bostock ideas even if they knew where the bike was going to pounce on the many people who have been told that they but you wait about one hundred thousand people in many in the south and west and then ten and center in japan with all that good but you wait and many and most of them with the new people who were evacuated to public but that is done to people but. the betting this kind of heavy and very strong cycle putting salami lies in take a spanking for that. fouls of people have protested against newly announced emergency austerity measures in argentina's capital one aside as president. has slashed the size of his government by half and says he'll cut public spending later on to say the country's economy miniseries due to meet the i.m.f. to speed up the payment of a fifty billion dollars loan to his abode ripples out from one aside as. i didn't trying to prevent a major economic crisis precedent setting an ounce to emergency measures to stop the weaken

japan's future is down 6/10 of 1%. ahead of major data points coming out in a few minutes here and gdp second-quarter final numbers and reactions and trade balance. we are expecting gdp growth to be revised upwards. this is daybreak asia. japan's second-quarter gdp is due out in minutes. we'll get a better view of the rise -- of what the revised number is. we have strength across private expenditure. for all of the talk about shifting policy from the bank of abe staring down the barrel of another turn. the economy is plodding along. >> that is right. it is on autopilot and that is good news. the economy in japan has not been this good in almost 30 years. finally there is wage traction and japanese companies are investing in their business here in japan. it is good news. the gdp report in a couple of minutes will be interesting because capital investment expenditure, we should be revised up. the data points that way. companies,is large reinvesting in the businesses here in advance -- here in japan, that is the focus. it

in japan, the country battled extreme rainfall injuly japan, the country battled extreme rainfall inn, the country battled extreme rainfall injuly and typhoons. some estimate that japan's with great weather is good cost insurers industry $4 billion. earlier i spoke to the university of sydney school of business and i asked how recent natural disasters are different and what we have seen in the past. essentially we are now looking as you pointed out, add a era of human induced climate disruption. said these costs in terms of the direct impact through extreme weather events, typhoons and storms that they also play out in the medium to long—term around effects that are not immediately evident such as it impact on supply chains, particular global supply chains, impact on disease vectors and health, impact on energy and cities. so we need to factor in the fact that these impact will play out in a myriad way around a whole series of interconnected social and economic impact. can you explain to is exactly how these different types of related economic damage could play out? a good example wo

no import tax the us cars or any other foreign cars into japan, and on agriculture, while japan, andriculture, while japan is still an important market, the fourth—largest import destination for us agricultural products, from its tpp standpoint, some of the import tariffs eliminated, but not to the level perhaps that president trump is wanting. do you think that with these concessions we will see a narrowing of the $69 billion trade surplus between the americans and the japanese? i think you will have to see some of it, but it may be outside these arenas and it may spill into the fta discussions. so on some categories there will be concessions but i don't think it will be a major cut into the $70 billion trade deficit. well, it is safe to say that this next story is the most hotly anticipated hotpot stock debut this year. haidilao has a reputation for keeping customers waiting for more than two hours, just like myself, for a table, and has suffered a couple of very high profile food issues. but the beijing —based hot pot chain has been raising eyebrows for another reason this week. i

>> another critical market for our pork reducers is japan. -- producers is japan. my understanding is they keep rationing the tariffs up there. we have sent -- seen some interesting things occurring recently in the futures contracts, related to the swine flu and china. we need to keep a close eye on that. >> we certainly do. production forum for a meat processor in iowa a few weeks ago. a very unfortunate situation for those producers. >> i am here to reclaim my time. [laughter] >> you have stolen my dignity. out of the goodness of my heart -- >> i will not go over my time. grateful to you, mr. chairman, for holding this hearing. this relates to the uncertainty that has been created. this creates a huge amount of strain for our farmers and ranchers. once.ly get to be 22 a young farmer only gets one chance to decide whether they will stay in the business or not. farmers don't need your sympathy. they need you to act rationally and reasonably and they appreciate you all being here today. there have been 11 free-trade agreements by my count, opportunities we missed to

japan, it looks fabulous. japan's earnings bottomed almost two years ago.an 60% in that time, pretty broad-based. the markets saw only about 24%, less than half of the earnings growth. that includes the 8% for the last couple of weeks. we have set a couple of things before, sometimes japan is more boring. not much happens for a long period of time. once we get the differential between earnings and the market, it looks like a coiled spring. you can get sharp outperformance from the market. we think that's what we are in right now. you, alongside many other analysts, feeling more constructive, maybe on emerging markets in asia? >> when we talk about emerging markets in asia, we are mostly talking about china. we think the strategic step down, in terms of trade rhetoric, has opened up a window. we have pretty depressed valuations, trade headwinds living -- lifting, at least in the short-term. that makes us more positive on china and asian emerging markets. it does raise the situation of two points. we could all be revisiting 25% in january. that is one issue.

japan and the u.s.ll not agreeing on whether they want to pursue a free trade agreement, which the u.s. wants, but japan wants to continue the transpacific partnership and bring the u.s. back in. haidi: absolutely. speaking to reporters in new york, saying they've agreed to the broad direction the bilateral trade relationship should go and hoping to have more details on wednesday. donald trump has made no secret of how displeased he is with that trade balance with japan. technology is one of our top stories today. the ongoing trade dispute between washington and beijing, china's made in 2025 program. we have the founder and ceo and former google china president, he spoke to bloomberg about who is winning the intellectual property race. >> the u.s. is ahead in research in basic technology. china is faster in implementation. it will probably create greater value out of the technologies, but it's really not a zero-sum game. like us arevc's finding chinese companies in selling to chinese users and the ameri

according to the nikkei newspaper, japan could potentially lower ta riffs japan could potentially lower agricultural imports by lowering those figures. a great deal of japanese cars are exported to the us. what is interesting is that the us would have gotten those lower agricultural tariffs had they remained in the trans—pacific partnership multilateral trade agreement. japan keen to avoid the high tariffs on cars and they want to use negotiations with eu cou nterpa rts to use negotiations with eu counterparts for a free trade pact asa counterparts for a free trade pact as a model for how they should deal with the us going forward. we will keep an eye on that as it progresses. the us cable giant comcast has submitted the highest bid in an auction competing against fox for the european satellite broadcaster sky. the comcast bid values sky at more than $39 billion — it's paying more than $23 a share — that's almost double what they were worth a year ago. sky's 23 million subscribers and its rights to the football premier league make it one of europe's most profitable tv companies. sky has

agriculture of expanding market access into japan. we are determined to put our producers and agribusinesses on a level playing field with other business such as australia, canada and the european union. in july, president trump the european commissioner launched an initiative promote more free, fair and reciprocal trade. we understanding there many sensitivities surrounding agricultural trade but including agriculture in any know, with the eu rye mains a priority for this alleged, mr.. the united states runs an agricultural trade defendant sift of over $15 billion which indicate of tv to the scope of market -- in may i traveled to geneva to deliver the united states first ever counter-notification to the wtos mistee on agriculture concerning indiana's price price for rice and wheat. every country should be concerned but the raged effects of india's trade distorting spoke supports. at the wdo we are pushing forward the largest agricultural disputes in history against china for the market price support policy and unfar administration o

you talked about trade relationship with japan. can you expand what the next steps should be in regard to getting a market like that in place? do you see an opportunity for the u.s. and japan bilateral free trade agreement to come to fruition? >> senator, this is probably, other than nafta, top of mind. and our concern is that i believe it is in april of next year that europe, their trade agreement with japan will enter into force. obviously, can dada and austral have it as parted of the process. so we are here right now. but next year the countries will be be down here and we'll still be up here. and u.s. industries are already coming in to see me to say we need to zraes this. and let me a sure you we at ustr completely agree. there isn't anyone in the building that doesn't want to do a trade agreement with japan. we understand this is a sensitive issue. we understand japan would like us to be a part of ttp. but we are committed to engaging with this. and i know ambassador lighthizer, this is a top priority issue for him and the a

korea and japan established them later.china established one several years ago, but it was uncoordinated and became very disruptive and still is because it overlaps other adiz from japan, from korea, taiwan as well. so why do we care about that? what's the so what again about these territorial claims? it isn't just the resources but it's sovereignty and then jurisdiction that extends from that sovereignty and then influence, and different nations view those things in different ways and wish to exert them in varying -- various degrees. sometimes compliant with international norms and customs, sometimes not so much. meanwhile, you have this reality, this throughput, this need that has to happen all the time. so now i'm beginning to hopefully paint this picture of why we have a fleet that's out there that's forward to defend these things pause because it becomes very complex very, very rapidly. one more slide i'll show. again, think of these as additive overlays. the one on the upper left corner, those are under sea cables. so

people like japan, people like cuba, things like that. so can you tell us, ambassador doud and undersecretary mckinney, you talked about trade relationship with japan. can you expand on what the next steps should be in regard to getting a market like that in place? do you see an opportunity for the u.s./japan bilateral free trade agreement come to fruition? >> senate, this is probably -- senator, this is probably other than nafta top of mind. and our concern is that i believe it is in april of next year that europe, their trade agreement with japan will enter into force. obviously, canada and australia have trade agreements with japan as part of the tpp apparatus. so we're right here, right now. but sometime next year those three countries' tariffs are going to go down here, and we're going to still be up here. and the u.s. industries are already coming in to see me saying we need to address this. and let me assure you, we at ustr completely agree. there isn't anyone in the building that doesn't want to do a trade agreement with japan. we

name now with more on japan's proposal and how it hopes to change minds at the i.w.c. . welcome to him it's too cool or confidential whale the name aside the owner says he's hoping people will find their way to his tokyo restaurant to enjoy will colin airy creation sick to new england and. my hope is that he will discover more about japan's co-owners secrets through whale meat for centuries the japanese have hunted whales as an economical source of protein room because. of eating it is strange that we can't do that today. the international whaling commission or i w c banned commercial whaling in one thousand nine hundred eighty five except for research and subsistence in indigenous communities it blames what it called over exploitation by the whaling industry for a decline in the population now as a result of that ban it says most whale species are rebounding japan says the time has come to end the ban but we soon rose has graduated. into a moment i want to see which does not respect the best abuse but current situation is counterproductive for the growth of governance.

japan trade talks. japanese drugmaker is skeptical about the $62 billion deal to take over. in sydney we are keeping an eye on gold miners. this, after a deal will potentially spark the industry. haidi: the market open in japan and australia is just ahead. japan coming back from the public holiday yesterday. australia kind of struggling to see more than tepid gains at the open. a bit of destruction when it comes to the kiwi and aussie dollars. this is bloomberg. ♪ this is bloomberg. ♪ haidi: good morning, in sydney, asia's major markets have opened for trade. shery: good evening from new york. welcome to daybreak asia." haidi: trade makes headlines once again. a new trade with south korea. the tension remains. wells fargo says a tariff could down. rising dollar back shery: a big week for central bank. mario draghi sees inflation ticking up. sophie: see how markets are starting to trade. japan back online after holiday. away today on is sophiere kamaruddin. sophie: the mood in japan, opening flat after r

i've been to japan twice. the ambassador, i've met his wife and daughter.hatever you can do across the board we're doing to sustain that relationship. i think it's a matter of probably settling on other negotiations and then we can get there but we're ready to go when the time comes. >> thank you both. >> senator donnelly, i know you're on a tying time schedule. >> i want to thank my colleague, senator smith. it's kind of you. thank you very much. ambassador doud i get pretty passionate about this as well as do my friend here on the committee. these are the lives and the farms of my fellow hoosiers who are at stake. as with the group again this weekend. we have friends who are going to lose their farms because of what is going on right now. they're going to lose their life, the dreams of their life, because of what we're dealing with, and secretary mckinney, as you well know these are very, very, very hard times for indiana farmers. we have known each other fairly well for a long time and both been deeply involved in advocating on behavior of hoosier agricu

japan this summer and the hayward reports. japan's most powerful storm but maybe twenty five years typhoon finally makes landfall. ripping apart buildings. and sending daybreak in kioto station. i. with winds of up to one hundred eighty kilometers an hour the full force of the storm struck japan's western coastline bringing with it tyrangiel rain and destruction several thousand people were left stranded poor into can saya international airport little could be done to keep the floodwaters out and tundra the plights have been counseled atenco which had been sheltering from the storm career it into the bridge which links the airport to the mainland the crew on board a said to be say there are thirty is in japan have a biased more than a million people to evacuate their properties one point six million homes are without power. this is the latest in a series of suburbia weather systems to hit japan in recent months. has already claimed lives and caused dozens of injuries many here and now hoping for a break from the deluge ever ha

though it's not all the island of hokkaido as north and japan. send out to. look at your system must deal with the officials on the coastal people in question in ok though as i mentioned the one on one of japan's largest island to be cautious caution no high waves and long range. now will send the siphon has moved away people now aren't buying things anyway that damage is the main focus was in the studio for second then the second largest. video group and will not show up in japan it's and they put in the city was flooded with water and about five thousand people were stranded there and actually they spent the night there and today they are ferried out. by ship because the breach which is connected. with the city was damaged due to. do to the accidents on the always duncan which is what i can that bridge yesterday and today it was towed away from the beach but still in the. situation is not so clear so. you. risk your workers are evacuating people by ferries and harder than that so that is still a blackout in a huge area and when i think i'm going to be entit

a desperate search for the missing after a powerful earthquake hits northern japan in the early hours of the morning damaging towns and cutting power to millions across the island three reactors at the tamara nuclear plant were running on backup generators landslides were triggered in dense forests on the mountainside of the rural town of a tsunami covering homes a relief and rescue command center has been set up. i've heard reports such as people having cardiac arrests landslides collapsed buildings and large scale blackouts saving people's lives is a priority while the government deals with the disaster relief we will deal with this crisis made by. the government's deployed thousands of troops to help with the rescue operation the quake also shut down all transportation services including the airport and hokkaido telephone lines and mobiles are down it's been a difficult week for japan on tuesday typhoon gebbie the most powerful to hit japan in twenty five years killed at least ten people the largest airport had to be evacuated in the wake of the storm and millions lost power in var

laura: terrifying scenes in japan there.four years ago the yazidi minority in northern iraq became icsimple of resistance to the brutality of isl state. 50,000 men and women fled danger, staying alive with the help of international airdps and a bombing campaign to ward off i.s. forces. what has happened to the yazidi now? our chief international correspondent lyse doucet heades to moujar to find out. lyse: life now on sinjar mountain, the heart of the yazidi homeland. tens of thousands fled to these slopes four years ago when the in,mic state fighters swept and many never left. leaving behind their homes and villages below to live here. the only pce they feel safe now. ->> isis destroyed my hou lyse: he tells me when i.s. arrived, their muslim neighbors betrayed them. went isis came to sinjar, our neighbors explained everything to isis. they say yazidi is like, don't believe god. and they kilall the men and ld women in the market. lyse: most yazidis feel they can't come home. this is what the town of sinjar looks like. survi

people see that as a source of pride in japan.panese society and as someone who is korean growing up injapan, you must have been aware of the intrinsic discrimination against people who are not purely japanese. i have seen her victory with a mixed feeling. i am happy for her but at the same time i have neverfelt being embraced as fully japanese, even though i was born and raised injapan, and speakjapanese better than she could. i am always viewed as non—japanese when i was growing up injapan. whereas someone like her who has spent only four years in japan but now is congratulated and fully embraced by the japanese government, the attitude towards her mixed race is changing in japan but prejudice and discrimination against them is still there. her experience is not necessarily representative of many mixed—race children in japan today. and many of her supporters say that they were disappointed with the final ending in such a storm. the widespread feeling that she had been cheated of getting the sort of reception she deserved because

david: let's have a look at the markets in japan.s we enter the last part of the morning session, what are we doing here? jonathan garner is still with us out of morgan stanley asia. just to clarify, my mistake, your target is still a little bit below current level. you came out with his blue paper, 175 pages on why japan is a long-term buy, tell us about it. weathan: for the first time really tried to stop the clock and look at where japan is out on the journey that started in 2012. we have the changes in the boj and we think it runs out to 2025. japan now has the highest productivity gross in the g7. that is quite a turnaround from the past. 2012, it was just 4.4%, the lowest in the world, it is now 9.8 percent, currently converging with the rest of develop markets. we think it will reach a third year high of 12% by 2025. we have a whole slew of things that are going on with the trying map. typically, more corporate efficiency driving margins, a greater focus on costs, and even though japan remains cyclical, which is why we have mo

japan has been hit by the strong typhoon in 25 years, with winds of up to 135 milesur an rerter: japanknew that the storm was coming. some were still caught out and had a lucky escape from the torrent of water below. the typhoon is the strongest to hit japan i25 years, and in the worst hit area around osaka, the damage is widespread. down there on the left, you can just about me out the runway. ansarest of ki international airport is underwater. the bridge that joined the airport and the mainland has been damaged. the ship was repeatedly blow to the columnsay and roadw. the storm surge cause fires thaa dad dozens of cars waiting to be shipped abroad. others were battered by the winds reaching 130 miles an hour. typhoons and serious storms are not unusual in japan. more than a million people have been advis to leave their homes as jebi appached. one ofinister shinzo abe them to take action to protect your lives. those who left now have to wait for the damage reports. this is a country well prepared for extreme conditions. 2018 has been hard so far. japan achieved its highest ever record

robbie, you have a brilliant essay on japan. made for al gdp has better japan. for a minute. is it a better japan five and 10 years on? >> that is a difficult question. in the end, that has to do with the balance between the impact of democrats sitting -- shifting the supply curve and technologies shifting the supply curve outward. if japan is successful in pushing technology fast enough, we could have a noninflationary japan that is prosperous. the key thing is for the abe government to move more progressively on some of the reform issues. we can spread the technology faster. feldman always has shots. how big -- shocks. >> japan has done very well with china already. about a quarter of japanese exports go to china. the japanese government thinks this that trade is a global an interactive dense net. if we have a disruption of the he called the recent trade actions -- if this gets worse, the whole global supply chain that has been important to driving growth will be shrunken significantly. that will be bad for everyone. trade is a very significant issue. i have t

sweden saudi arabia japan they were complaining that they were having to give all the money most of the money looking at that graph chris staring us in the face look let's be clear about this in the last. we heard the news about twenty minutes ration we had raised two hundred. million it was an unprecedented the successful fundraising campaign million. dollars fifty million we're going out. what we were asked to do by the americans find alternative donors we have done we found two hundred million against. our programs. they gave us all that money because they believe they know that we are one of the most. so as. of the middle east they have full confidence in us and i'd like also i'd like to hear more also i was as well as my husband thinks about this point that came in at all which is that politically in the us and the international community. the people of gaza and the west bank and palestinians in jordan and syria and in lebanon appallingly are is the result of political failure we're here doing what we're doing because the political actions are failed to result in the problems that

but japan insists its rights are being denied and japan is i don't country. but into being resources including whales. it is very very important and we. are trying to sustain over use all everybody enduring resources clearly angry over to defeat japan's deputy fisheries minister warned his country will be reassessing its continued membership in the i.w.c. . river. outside the venue conservationist group celebrated their victory but they're still out here protesting and the reason is that even though the ban remains in place the capture and killing of whales continues countries like japan and iceland argue that it's necessary for scientific research even though much of the meat and is up on someone's table host country brazil was also disappointed its initiative to create a marine sanctuary in the entire south atlantic was denied and it's a shame that is it is the fact to be told by countries that are not in our region it is voted against by countries that are completely foreign to now wils will at least remain off limits to those who believe that they're as l

the northern territorys they're known in japan. these is a sticking point.e russian controlled but the japanese say they were illegal -- illegally occupied following world war ii. they have been talking for years about a peace treaty. putin acknowledged this tension between the two countries. >> obviously, we touched on the peace treaty issue during the talks. it's well known this issue has been discussed for decades and it would be naive to assume it can be resolved in an hour but we are ready to seek to a solution satisfactory for both russia and japan and accepted by -- accepted by both nations. >> it's important to know, abe is pushing for joint commeck ties on the island, also calling for more flights to the island so japanese residents can visit graves of their ancestors there. economic ties may come now more than ever. abe is under increased pressure if the trump administration to sign a bilateral trade agreement. before abe took off to come here, yesterday in japan he was championing free trade and said tit for tat sanctions don't help nyone. haidi:

and japan trade talks have been postponed to tuesday at the earliest, we are expecting japan's economy minister to meet ambassador like kaiser -- lighthizer. we know shinzo abe met with president trump, saying they had constructive talks on trade. we are hearing the trade talks between the japanese economy minister and the ambassador will be postponed for tuesday at the earliest, according to kyoto news. says thead, brazil ongoing trade war has had no effect there, despite china being its largest trading partner. >> up next, jpmorgan sees volatility rising across all markets. we will speak to a portfolio manager about where the bond market is heading, next. this is bloomberg. ♪ , you goe counting down ahead since you are there. it is chilly in sydney given that we have had lovely warm weather. these are the futures, down a little bit. we have a mixed picture going into the asian session. we had the announcement on the, is it a new trade deal with north korea? that will be positive going into another day of trading that sees a couple key markets closed today. shery: more certainty that