john herskovitz is joining us. what is at stake for the president in the election? at is what will happen for the remainder of yoon's time in office. the progressive block has the power block. if yoon can take control he can push through his pro-business agenda, tax cuts, taking on labrie onions, deregulation. so it determines what the course of his administration will be for his remaining three years in office. haidi: what are some key numbers to watch for? john: this is a 300 member unicameral parliament so the big number is one 51, who can get the majority. the next number is 100 a.d.. if the progressive block can get to that level they can block filibusters, really take control. the big number is 200, if the opposition party reaches that, they have the power to override vetoes and impeach the president, so these are the numbers to look at as results come in from 6:00 the local time. haidi: ahead of the vote we've been talking about the doctors strike, is that something that can provide a boost to president yoon? what else is on the mind of voters? john: pocketboo

i want to bring in john herskovitz this morning. pleasure to have you on the program. lk to us about this agreement. talk to us about the significance of it. this is historic in a lot of ways but why? john: this really resets the u.s. and japan security alliance which states back decades. it changes the way the two militaries can operate jointly in japan. it's called operational command. it is something like in south korea where the u.s. and south korean forces can work as one unit under a joint command. at present, u.s. forces in japan have a command structure that is set up with indo pacific command in hawaii. what this too would integrate the u.s. command into japanese command and have the two militaries be able to work together to counter any threat and bring the two forces into much greater alignment. so that's the big picture. there's also a lot of other parts of that which include information sharing, training exercises. but the basic alliance between the u.s. and japan will undergo this operational command structure change. kriti: all right, john herskovitz ther

paul: all right, east asian government editor john herskovitz.ard from anthony albanese this morning. he said there is no plan to extend beyond the three countries, but one assumes he is talking about the pillar one part of the pack which includes the sharing of nuclear submarine technology, which would disqualify japan. so they're saying there is no plan to expand beyond the three countries, but that does not rule out japan joining pillar two. plenty more to come on daybreak australia. this is bloomberg. ♪ our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ..