we start here in japan where prime minister kishida fumio has just announced new sanctions on russia.t comes amid growing calls for moscow to be held responsible for the mass killings of civilians in ukraine. >> translator: russian troops have killed civilians, and have attacked nuclear facilities. gravely violating the international humanitarian low. it is an act of war crime that can never be tolerated. such inhumane act needs to be held severely accountable. >> kishida said japan will support independent investigations by the international criminal court and the u.n. japan will ban the import of russian coal and some other products, including machinery and timber. it will also ban new investments in russia, and freeze the assets of the country's largest financial institution and its fourth largest bank. japan will also freeze the assets of an additional nearly 400 individuals and about 20 organizations. kishida noted ukrainian president volodymyr zelenskyy spoke to japan's diet last month, and calls for continued pressure on russia to end the violence. >> translator: japan, with th

kishida is stepping up. on friday he leads on a tour of southea southeast asia and europe to strengthen cooperation to tackle global issues. >>> we turn now to japan, month now, guterres is there. >> he stressed the important of an important thorough investigation. >> i p i appethat's when we talr crimes. we can't forget. the worst of crimes is war itself. >> on getting civilians out. on tuesday, guterres met on moscow with vladimir putin. they agreed in principle that the u.n. will be involved in the evacuation of civilians to mariup mariupol. >>> putin is warning any country that intervenes will be met with a lightning-vest military response. >> we have all been through this. things no one else can both start. we are not bragging. we'll use them if we have to. i just want everyone to know that. those comments drew criticism in washington. john kirby said rhetoric that raises the spectra of nuclear confront tae confrontation is irresponsible. >> nobody wants to see this war escalate anymore than it already

. >>> japanese prime minister kishida fumio began a trip in southeast asia and european countries on friday. he will try to shore up cooperation in dealing with the invasion. kishida spoke with reporters before his departure. >> translator: i hope to exchange candid opinions with the prime ministers of each country on the situation in ukraine and confirm their cooperation. the same time, i would like to confirm and specify coopation to realize a free and open indo-pacific region. >> his first stop is indonesia, then he will go to vietnam, thailand, italy, and britain through may 6th. indonesia will chair the group of 20 summit in november. the members are divided over russia's participation. southeast asia's largest economy also hopes to quickly resume economic activities with japan in order to recover from the effects of the coronavirus pandemic. japan says its investment in indonesia dropped by half of the pre-pandemic level of 2019 last year. the indonesian government is asking for assistance for upgrades of ports, railways, and other infrastructure. it is also trying to lure tour

prime minister kishida fumio has told his polish counterpart the ministry will act as a special envoy>> translator: we would like to do all we can from a moral standpoint. >> he described the visit as essential. the minister who is responsible for immigration matters said the government will spend about $4.3 million to provide support for ukrainian evacuees in japan. poland has taken in, by far, the largest number of people fleeing ukraine. he noted staff numbers at the japanese embassy there would be boosted to help processing ukrainian applicants into japan. >>> north korea has released video of what it claims was the successful test of a new intercontinental ballistic missile. the launch on thursday is believed to be the country's first test of an icbm in more than four years. the state-run korean central television aired this footage on friday. the heavily produced video is about 16 minutes long. it shows north korean lder kim jong un escorting what's called the hwasong-17 missile to its launch site. some experts have called it a monster missile for its massive size. the video the

he has kishida obviously uh, he is going to expand the list of countries to expand the countries that he would like them to join this policy, this will most likely be devoted to his visit. e to asia europe, which will begin tomorrow, he will visit vietnam and thailand there, apparently. he will also, uh, call on these countries to join the anti-russian sanctions on and then he will go. e to italy great britain what issues will be discussed there? uh, it’s not difficult to guess, these are anti-russian sanctions and jews helping ukraine. yes sergey thank you, i remind you that my colleague sergey mingazov was in direct contact with the source of fish this year due to sanctions. comments, it will drop to almost 400,000 tons for russian enterprises, they plan to partially make up for the loss, increase production volumes, reduce depending on foreign supplies and in other industries. about 250 tons of frozen white fish products come off this conveyor every day, not counting canned food. flour and fish oil is one of the largest investment projects for the musichichny plant. kamchatka more

prime minister kishida has urged japan to keep working on its 2% inflation goal, after announcing ankage to ease the pain of soaring prices. the new measures are expected to help the boj stick to the rock-bottom interest rates that have contributed to the fall in the currency. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. haidi: high inflation, along with the prospect of slower growth, is pushing central banks in most parts of the world to raise rates. australia reported its numbers today. . cpr is expected to breach the rba's target for the first time since 2010. for more analysis, we bring in tuuli mccully, head of asia-pacific economics at scotia bank. let's look at the inflation picture. i want to show a reviewers on the chart. we have seen in a lot of economies that cpi as well as ppi in particular, consumer inflation coming in hotter than expected. if we get about 4%, well above the expectations, does that make the calls for a supersized headach

you have to look carefully at the statements of prime minister kishida. prime minister suga even prime minister abey and abey now from retirement. which is a dramatic hardening in the japanese position on defense of taiwan. i am surprised by it. i follow japanese politics reasonably. so that i think is what they see the quad worries them because suddenly at the chinese view that these four could never agree with each other that the indians were sui generous and and the australians would always in the chinese view do what the americans told them to do in the japanese most of the time but now you have this strategic arrangement with the four. surprised beijing and even with orcas involving australian united kingdom united states and the extension of american nuclear propulsion technology to the australians. this creates a further level of complexity. so i think russia keeping it under control the taiwan japan scenario because that's where a crisis would erupt. and the and the capabilities which would be deployed apart from those united states itself. then b

there are supposed to be new sanctions coming in which will be announced by prime minister kishida tonightns on banks come up sanctions on individuals, and japan has stepped up and has done most of the sanctions done by the eu and u.s. so far. as it has been pointed out a lot of the money going into russia and funding the work comes from its energy exports. the real question is how far are countries prepared to go on that. haidi: isabel reynolds with the latest. we look at the political instability in pakistan, the $80 billion debt crisis. this is bloomberg. ♪ haidi: -- shery: pakistan's supreme court has overturned plans to hold an election. the move could bring the opposition to power within days. let's bring in bloomberg's chief asian correspondent. what is the reason behind this ruling and what does it mean for pakistan? >> it is absolute political uncertainty, it depends on how the vote will go on saturday, but for the economy it will delay the release of financing. we note pakistan's currency is falling, for it exchange reserves are in decline, inflation is accelerating. the central