we sat down with jonathan pollack, the global head of commercial real estate at which a bank. -- duetsche >> in the new york area we are very involved. 17 million square feet over the next 5-6 years. we just announced a platform for them where they will build all that. we never run out of things to do there. very act. the number one issue were of commercial mortgage-backed securities. one thing that has helped us get to that place in the markets we have a number of the trophy buildings in manhattan. madison. >> what do you think about the hudson yard development. so massive. some people worried it is too frothy. by the time it is done the real estate market will have crashed. >> what is interesting is most of the office space has occupiers in them already. whether it is people biting the space or signing leases ahead of the development. forcreating that new supply the office outside of the demand for space. there will be a tremendous amount of demand for the retail space because they are creating such critical mass. the two towers for office are 3.5 million square feet total. a lot of peo

. >> jonathan pollack. >> jonathan pollack from brookings. this is directed primarily to sung-joo, but either can address it. i think steve's last comments about trying to think about north korea's future in a wider context are very, very relevant. in this aspect, sung-joo, i would be very interested in your thoughts about the very dynamic quality now of the china-rok relationship to after all, madame parkas had a state visit to beijing after her visit to the united states. kim jong-un has not made any travel plans of which we are unaware. china now does has access to hundred $51 a year in trade with your country, which is about more than 40 times that the navy with north korea. at trends over time are even more in those directions. eon this, the fact that the chinese in my judgment at least, by doing what they have not done, have in some sense distance themselves in some measure politically, the fact, from north korea. the fact that the international department of the party, which used to the primary responsibility here, does not anymore, th

to keep its head discussed as seven in terms of the last deal that is the possible release of jonathan pollack ahead of his earliest possible release was which is that in november twenty fifteen that in exchange. while the palestinians would not be new people at state recognition of the united nations for eggs all levels said that within that deal not a settlement freeze as such in the west bank but the timeouts. it says one official quoted by us media as having the parts of this wider ranging deal and said that the loss of shuttle diplomacy getting on right now. all of this just to keep these peace talks from completely stopping in the first place. john kerry expected wednesday in the middle east the newsrooms the world over the debate rages every april for some journalists enjoy a sprinkling of april fool's jokes. others not. let's take a look at the song. as reported by our partners to french television station costs and the myriad supper and tells the tale. an international calls made to fools day you just never know on a pool fence two thousand and ten offense journalist makes an urgent a

and oh my far left is jonathan pollack, a senior fellow at the thornton center in east asia studies. and an expert on chinese national security strategy and u.s./china relations. to start off, i'm going to ask the panel a few question and see if there are any connections between the issues. i would like to start with you if you do not mind. the crisis and crimea and ukraine is occupying a lots of the time and attention of u.s. officials. i think it is coming into question some of the declared strategic trailer tease of the obama administration including the pivot to asia. do you think the united states will have to reorient its strategic rarities to deal with the crisis? are europeans and ukrainians expecting that? >> let me say what kind of a backdrop going back a few years. what you have seen since the end of the cold war is the united states having the ability to have to devote less time and attention and resources to europe. that is largely reflecting the success of european policy over the last 20 years. with the enlargement of the european union, you have really anchored the st

the united states is in talks with israel about releasing convicted spy jonathan pollack early from his life sentence as an incentive in trouble middle east peace negotiations. people familiar with the talks say israel would have to undertake significant concessions. pollack was arrested in 1985 after passing secret documents to israel while working as a civilian analyst for the u.s. navy. >>> the governor of washington is now asking president obama to declare a major disaster in his state, so victims of the deadly mudslide can get quick access to federal relief funds. the requests includes money for funeral and health care for surviving and first responders. financial loss from the mudslide have topped $10 million. dozens of homes were destroyed. at least 24 piedmoeople lost th lives. much more later today. >>> much more coming up on the houston ship channel that caused the massive oil spill almost two weeks ago. for the first time this morning, we're hearing dramatic audio recordings obtained by our houston affiliate kprc of conversations between the three captains. just three-quarter