reporter: i am from the kyoto news. we always appreciate these briefings and the opportunity to speak with you. i have a quick logistical question. the april 28ting meeting. do you have any intentions of doing anything else on that day at the u.n.? the tension, given on the korean peninsula and the saying theresidents air of strategic patients is every and in your remark you are isgesting that north korea willing to take the toughest counteraction to against any provocations, ready to react to any motive of word desired by the u.s., what sort of counter actions are you willing to take? do you intend to conduct a test time?m launch in the next it is a very tense time and i think we all have that question for you. thank you. >> matthew lee, thank you for the briefing. -- the lastknow time you were here was in march and spoke about this request to the secretary general for an international forum of legal experts on this issue and i wanted to know in the more than months since that you received any response and won't confir

reporter: i am from the kyoto news. we always appreciate these briefings and the opportunity to speak with you. i have a quick logistical question. the april 28ting meeting. do you have any intentions of doing anything else on that day at the u.n.? the tension, given on the korean peninsula and the saying theresidents air of strategic patients is every and in your remark you are isgesting that north korea willing to take the toughest counteraction to against any provocations, ready to react to any motive of word desired by the u.s., what sort of counter actions are you willing to take? do you intend to conduct a test time?m launch in the next it is a very tense time and i think we all have that question for you. thank you. >> matthew lee, thank you for the briefing. -- the lastknow time you were here was in march and spoke about this request to the secretary general for an international forum of legal experts on this issue and i wanted to know in the more than months since that you received any response and won't confir

the argument is that unlike past climate pact like the kyoto protocol come each country set its own targetn promised to revisit and approve them. the u.s. was primed to play a lead role in climate change but trump's energy independence executive order reverses obama your roles and encourages increased production of coal, the dirtiest fossil fuel. >>>> my administration is putting an end to the war on coal, clean coal, really clean coal. >> the resulting policies make it hard for the u.s. to keep its commitment to mission reductions. even if he decides to pull out of the accord, the paris agreement would live on. businesses, cities and u.s. states like california are already investing in wind and solar and taking other steps to make it work. >> i have actually been called an environmentalist of you can believe that. you can read more about climate change and the quick takes on the bloomberg. talk more about this topic at 1:30 p.m. eastern. m with ernestuniz the former energy secretary in the obama administration. the czech republic ends the cap on its currency and that has the corona jumpin

. >> the nikkei news says toshiba spinoffs.4 potential theyately kyoto says sharp invest in toshiba'schip business. there's been little interest from japanese companies, but that government does not want the company to go abroad. have arabia's oil exports fallen to a 2015 low as the kingdom bears the brunt of the opec cut. the gory exports were just under 7 million barrels a day. belowcurrently pumping the ceiling set by the cuts. haveand other producers set to support the prices. global news. 24 hours a day. powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. ♪ tracy: thank you so much. there is plenty going on in markets. let's get the mark -- the latest from hong kong. >> certainly we have the order of the day. it is reflected in a lot of the chinese stocks. .18.hina csi 300 down by it is headed for the lowest close in september 2015. we have taken our lead from what happened from global equity markets. you're still seeing a lot of weakness coming through from australia's asx 200. interestingly, we have started to see a lot of the base

i hope it was a lesson for what this kyoto is supposed to be -- what this period is supposed to , for a president to set their agenda. it is supposed to be a honeymoon. with congress so this is time to build alliances, recognize where we have opportunities for i -- bipartisan support. i think this is been chugging along for the last eight years and desperately need some gas. if i were in the white house, i would start with tax reform and be comfortable with the idea of an approach of starting with something to get jobs created and give companies the options to invest in resources that they need. i think we forget often that's that will put upward pressure on wages -- that that will put upward pressure on wages. i think there's going to be a messaging problem. that comes back to the political divide. how do we get beyond some of the hostilities that were not new to american politics but put into sharp release during the election? >> i will give my answer to your question. i actually think both the failure of the repeal and replace, at least so far, has a bad impact and it is causative

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bush rejected the kyoto treaty in part based on input from you. the fossil fuel industry defendants were working hand in glove with the executive t. keep the fossil fuel systemic problem in place. that has been one of the major issues that has come out in the court proceedings. kia waitangi spent a minute talking about what it's like in a court proceeding. >> it's definitely something i'm aware of when i'm lined up with a 20th or youth we look at the government lawyer sitting side-by-side with the fossil fuel lawyers and the first time i was sitting there looking at them and i was wondering, do you have children? i was shocked because up until this point in my life i thought the government had been doing a fine job but i really realized seeing that visually they were sitting side-by-side and i was hearing them in a court of law, things that we don't have rights to a livable future is really discouraging. our argument in the days of hearings are full of discouragement and encouragement. you go in with the nurse energy. we are really excited for jul

bush, rejected the kyoto treaty in part based on input from you. so the fossil fuel industry, these intervener defendants were working hand in glove with the executive to keep the fossil fuels systemic problem in place. and that's been one of the major issues that come out in the court proceedings. why don't you talk about what it's like at one of the court proceedings. >> just coming off after that, it's something i'm aware of when i signed up with the other 20 years and we look at the government lawyers sitting side-by-side, the fossil fuel lawyers. the first time i was just sitting there looking at them, i was wondering, like do you have children? i was shocked because up until this point in my life i thought the government had been doing kind of a fine job, but i really realized seeing that visually through sitting side-by-side and i was doing to him in court of law saying that we don't have rights to livable future. it was really discouraging. oral argument is full of the days of hearing full of discouragement and encouragement. you go in with