guest: poor president moon jae-in, he is boxed in. he is coming after a little less than 10 years two conservative south korean presidents. in south korean terms, conservative means more or less a hard line on north korea. not interested in dialogue like peace. especially when moving pickup -- moon picked up the ball, now hes were high, and is dealing with spiraling tensions with the united states. he is boxed in. it is like the dog that has not barked in the last couple of days. there has barely been a statement from moon in the blue house. he is watching and waiting and looking for a moment where he can get in. to the point about peace, i would echo about what patrick said and also, strongly, affirm the view that trump has a good team in the state department all the way up to rex tillerson. would support something like a peace process with north korea and say to the north koreans, you have been asking for a peace treaty for a long time -- i am donald trump, and my predecessors were not that interested, but i am. let's see where that

moon jae—in was between pyongyang and president trump.ds the north—east. he has talked about wanting to expand the diplomatic effort. he talked yesterday about the offer of trilateral talks between south korea, china and the united states in the controversial plan to install an american system. this is a president who, just a few days ago, made a blunt warning to his american counterpart saying that he believed only south korea could give consent for military action on the peninsula. this shows you this is a president with a much more consolatory tyrant towards the north, and the idea of restarting any more negotiations. tensions have eased because the north korean leader made that statement saying he would watch the actions of the us before making any decision on whether to launch missiles. it has to be said that people in seoul have lived with bloodcurdling rhetoric for yea rs lived with bloodcurdling rhetoric for years now. they have, but what they did not expect was an incumbent in the white house, a key ally, using similar rhetoric.

. >>> america's top general, joint chiefs joe dunford in seoul for talks with president moon jae-in. we expect to hear from him in the next hour. he says he's committed to making sure president trump has a viable military option to combat the nuclear crisis in north korea but wants to make sure diplomacy gets a chance. cnn has learned american diplomats have been in touch with their counterparts since at least february led by special representative for north korea policy. let's go live to seoul and bring in cnn's paula hancocks. good morning, what's the latest? >> reporter: hello, dave. at this point we understand that general dunford is meeting the south korean president, moon jae-in, discussing how they can counter the north korean threat looming over them at this point. we know that general dunford met with the defense minister and his korean joint chiefs counterpart earlier in the day, and the korean joint chiefs chief said that he was talking about the diplomatic and economic countermeasures to put pressure on north korea, focusing on whether or not sanctions could work, how do

over efforts by moon jae-in to try and boost private-sector jobs.reak the influence on conglomerates. we are seeing a little bit of buying into the small caps of late. we saw the fastest pace of buying just last month. we are seeing things shift here in the korean markets, where money and cash will be allocated. let's bring in our next guest, he has written the book on samsung literally. toni michelle. great to have you here. a big, historic day for south korea. is the trout going to be a fair one or a show trial -- trial going to be a fair one or a show trial? guest: it will be a little bit of both. the whole attention of the nation is on the trial and the consumption is tilt. the actual -- guilt. the actual evidence is less clear. it took behind closed doors. if you believe there is a cozy relationship between the table and government, it is a fair trial. if you believe it is never cozy and the relationship between intense, their idea question whether it is a fair trial or not. this was a man who is groomed to be the leader of one of the largest c

resident moon jae—in has said he will take on the conglomerates. —— president.s said that it is hoping fro strong verdict today, and they are hoping that will send a strong message to large conglomerates, to clean up the way that they do business. australian airline qantas has posted its second best annual profit ever, despite fierce competition from its rivals. boss alanjoyce is calling it a vindication of his three—year turnaround plan, which has involved major cost cutting. sharanjit leyl is in singapore. so, i suppose they and their shareholders are delighted? they are absolutely delighted. 0bviously, shareholders are delighted? they are absolutely delighted. obviously, as you just said, those profits skyrocketed to their second—highest level in the airline's 97 year history. it turns just over $1 billion in pre—tax profit for the year to the end ofjune. 0f billion in pre—tax profit for the year to the end ofjune. of course, we know that the airline's highest ever profit was delivered last year. this profit is down about 9% from that record. the strong resul

moon jae-in says he would be willing to consider sending a special envoy to north korea for talks, but that country would have to stop its nuclear and missile tests first. moon also says president trump has agreed to seek south korea's consent before taking any action on north korea. >>> and an american service member has been killed in eastern afghanistan during an operation against an isis affiliate. the person's name and military branch have not been released. other americans and afghans were injured. ten american service members have died in afghanistan just this year. >>> a massive search is under way for five crew members missing after their army chopper crashed in hawaii. the black hawk went down during a training exercise. tuesday night. rescue crews have found a piece of fuselage and a helmet in the debris field. several boats and helicopters are being used in the search. >>> there's a mystery on board jetblue flights as more crew members are falling ill. it happened again as two flight attendants were overwhelmed by a smell on board a plane. here's david kerley with more. >>

the president of south korea, moon jae—in, says americans.resident of south korea, moonjae—in, says he is confident donald trump will act responsibly and over north korea. it is 70 years since india and pakistan became independent from britain, we will speak to an indian film director. welcome to outside source. our top story. the red cross says more than 200 people have been killed with many more are missing after landslides in sierra leone. this happened on the outskirts of the capital, freetown, which has been hit by heavy rain in the last two days. it is understood the worst of the disaster happened in the full side region. snatched video on a mobile phone shows a torrent of mud and water carrying away everything in its path. this driver risked his life on a bridge all but overwhelmed by the flash floods. freetown is an overcrowded coastal city. about 250 bodies have —— it has few defences against heavy rains. they come every year but not usually with quite such ferocity. around 250 bodies have been recovered so far, the authorities fear

but with newly elected presidents moon jae yeon having vowed to fight corruption and rain in the tables. believes a young case could become a watershed moment for the country. yet many south koreans say the five year sentence remains too lenient. i was on the verdict does not reflect the national sentiment. or the standards set by the law. the ruling could play samson the country's largest and most influential companies in the leadership vacuum. yet while analysts say it might impact its long term strategies many argue it's unlikely to affect short term prospects. since he was jailed six months ago samson has marked its strongest quarter ever. and has overtaken apple as the world's most valuable company. now the world's top central bankers are gathering in jackson hole wyoming to discuss how to deal with pressing issues in the global economy. federal reserve chair janet yellen already spoke and european central bank chief mario draghi is speaking now. one of the big topics at the conference will be inflatio. the question that continues to elude economy. why inflate? solid at. growth acr

marine general joseph dunford, began a tour of asia, meeting to reassure south korea's president moon jaen. dunford says the u.s. still prefers diplomacy to force, but the u.s. is ready to use the full range of its capabilities to respond to any attack. the u.s. staged joint military exercises with japan today and will go ahead with exercises in south korea next week, something both china and north korea oppose. kim jong-un's regime continued its defiance, claiming 3.5 million north koreans have volunteered to join its army, and in a new threat warned that even an accidental event could become a nuclear war on the korean peninsula. north korea says kim jong-un has now been briefed on military plans to launch four missiles toward the u.s. territory of guam, but he wants the wait and see what the u.s. decides to do first. meanwhile, the secretary of defense james matt yition says the u.s. would shoot down any north korean missiles heading toward guam. anthony? >> mason: ben tracy in beijing, thanks. coming up next on the "cbs evening news," tensions over confederate monuments around the cou

president moon jae-in said this morning that everyone worked too hard to rebuild after the last war.cannot lose everything again because of war. >>> search crews are looking for five soldiers whose helicopter went down off the coast of hawaii. the uh-60 black hawk vanished tuesday night during a training mission with another helicopter off the coast of oahu. two pilots and three crew members were on board. the army, marines and coast guard are involved in the search and some debris has been recovered. >>> there were no grand prize jackpot winners in last night's powerball drawing. the winning numbers were 9, 15, 43, 60, 64 and of course the powerball was 4. the jackpot is now worth an estimated $510 million and the next drawing is saturday. get your tickets. >>> coming up on the morning news, a prescription for change. a new program reduces and weakens opioid drugs for new patients. >>> and caught on video, a semi goes flying after hitting a barrier. this is the "cbs morning news." this is the "cbs morning news." i accept i take easier trails than i used to. i even accept i have a hi

this week's south korea president moon jae-in said that the president has agreed to seek his consentefore launching a military action against north korea. how would you characterize the relations between north korea and the united states? >> well, they have always been, you know, extraordinarily poor given that north korea has been run by mercurial dictators since its founding. i do think they have reached a new and dangerous stage where you have belligerent statements from pyongyang matched by bombastic statements from our own president. and that's not helpful. i think what is helpful are the sanctions that we obtained at the united nations, putting additional pressure on china to clamp down on the trade of north korea. we have to hope that we can impress upon china the importance of really cutting off north korea's financial and export life line until it comes do the table. to bring about a cessation of the nuclear weapons programs and ultimately a roll back of the program, but the belligerent statements, comments out pyongyang are going to be fire and none of that halts in some wa

the south korean president, moon jae—in, warned north korea not to use the exercises as an excuse toerstand these brett repeated provocations are forcing south korea and the us to conductjoint defensive drills and so conductjoint defensive drills and so this keeps the visuals cycle going. but north korea's official news agency denounced the exercises. china, north korea‘s main ally, has said it wants the us and south korea to stop the large—scale annual exercises altogether. translation: we think that holding joint drills isn‘t beneficial to easing the current tensions, nor do they help effo rts current tensions, nor do they help efforts by all sides to engage in talks. the war of words continue. pyongyang has warned that it could still press ahead with its threat to fire missiles into waters near the us military base on the pacific island of guam qualm. that threat came in response to donald trump‘s warning that the us could rain fire and fury on north korea if it acts against the united states. the surge in regional tension and un sanctions show no sign of inducing north korea to c

moon jae—in has asked his forces to display a warming force in response.c has been about a peaceful solution. but it is the president has been pushed against the wall, and has asked for against the wall, and has asked for a strong against the wall, and has asked for a strong response. against the wall, and has asked for a strong response. here in south korea, forfighterjets a strong response. here in south korea, for fighter jets —— a strong response. here in south korea, forfighterjets —— four fighterjets korea, forfighterjets —— four fighter jets have put korea, forfighterjets —— four fighterjets have put on a mock fighting draw. top military officers from the us and south korea have spoken to each other and have said more measures would be deployed, at the earliest possible time. but they have not specified what the measures will be. yogita, as you have said, the south korean president has asked very strong response. the un security council is due to meet on this later today. what can we expect to hear from them? it is difficult to hear from them? it is

general dunford began a tour of asia, meeting to reassure moon jae-in. preferring diplomacy to force and the u.s. is tried use full range of capabilities to respond to any attack. the u.s. staged joint military exercises with japan and will go ahead with exercises in south korea next week. something both china and north korea oppose. kim jong-un, regime, continued defiance claiming 3.5 million north koreans volunteered to join the army and in a new threat, warned that an accidental event could become a nuclear war on korean peninsula. north korea says kim jong-un, has been briefed on military plans to launch four missiles towards the u.s. territory of guam. but that he wants to wait and see what the u.s. decides to do first. meanwhile, the secretary of defense, james mattis says the u.s. would shoot down any missiles heading towards guam. >> ben tracy in beijing, thanks. coming up next, tension over confederate monuments around the country. hundreds of dollars on youmy car insurance. saved me huh. i should take a closer look at geico... (dog panting) gei

kilometres away, in seoul, the president, moonjae—in, kilometres away, in seoul, the president, moon jaest to calm down the rhetoric between the us and north korea. at a press co nfe re nce between the us and north korea. at a press conference to mark 100 days in office he said strong remarks from the us president were intended to put pressure on north korea. he did not believe donald trump meant to indicate that military action against pyongyang was imminent. people in south korea who are used to aggression from their northern neighbour have been getting worried, as they watch the us making similar statements. and their president sought to reassure them. translation: the united states and president trump have promised that they will consult and get our agreement before taking any kind of military actions towards north korea. from here in south korea, the offer of dialogue with the north is open. if these talks ever happen, they will take place in this room in they will take place in this room in the demilitarised zone around this table. but so far there has been no response from pyongya

last month president moon jae—in proposed military talks with north korea.dnesday, south korea once again spoke of mending ties. translation: these comments by north korea do not help the relationship between south and north korea. we will continue to seek peace in the korean peninsula and reconciliation between the two countries. there has been no response to seoul's offer from north korea so far. and no indication that these missile tests will stop any time soon. yogita limaye, bbc news, seoul. in a moment, we'll get the latest from yogita limaye in the south korean capital seoul. but first, to washington and our correspondent jane o'brien. we hear that the us secretary of state has recently landed in guam. what more are we going to be hearing from him there, possibly from the president as well? the most important thing is the clarification of what he made of what the president said, this fire and fury that he was threatening north korea with, saying this was simply a way of talking directly to the north koreans in words they would understand. but more imp

general dunford began a tour of asia, meeting to reassure moon jae-in.ng diplomacy to force and the u.s. is tried use full range of capabilities r to any attack. the u.s. stagejo exercises with japan and will go ahead with exercises in korea next week. chi and north korea oppose. kim jong-un, regime, continued defiance claiming 3.5 million h join the army and in a new threat, warned that an nuclear war on korean peninsula. north korea says kim jong-un, has been briefed on military plans to launch four missiles towards the u.s. territory of guam. but that he wants to wait and see what the u.s. deattisays th u.s. would shoot down any missiles heading towards guam. >> ben tracy in beijing, thanks. confederate monuments around the country. h. you give us comfort. and we give you bare feet, backsweat, and gordo's... everything. i love you, but sometimes you stink. soft surfaces trap odors. febreze fabric refresher cleans them away for good. because the things you love the most can stink. and plug in febreze to keep your whole room fresh for up to 45 days. breathe happy with febreze. daughter

moon jae-in also says president trump has promised to consult with him before taking any action againstthis fiery crash in overland park, kansas. some good samaritans helped the truck driver escape the wreckage. he may have fallen ill before the crash. a portion of the highway remains closed this morning. >>> there were no powerball winners on wednesday night. it will reach $510 million by saturday, though. those are some of our top stories on this thursday, august 17th. >>> from abc news, this is "world news now." >> buying your powerball ticket? >> oh, yeah, more than one. >> feelin' lucky? >> i'm feelin' lucky. >>> we're going to start this hour off with a call for peace. in the aftermath of the charlottesville protests. >> hundreds converged on the university of virginia last night for a vigil, singing about love and forgiveness. and paying tribute to the three people killed in the violence. >> the vigil was held as president trump faces growing backlash from the business community and beyond for his comments about who's to blame. mary bruce has the latest. >> reporter: he sold hims

. >> reporter: president trump spoke today with south korea's president moon jae-in, both agreed there needs to be maximum pressure on north korea. this is something underscored by secretary of state rex tillerson at the asean forum in the philippines. he said that the vote at the u.n. was a good outcome, but now the tests need to start in order for talks to start. >> well, the best signal that north korea could give us that they're prepared to talk would be to stop these missile launches. >> reporter: attention is on china as the foreign minister had direct talks with the foreign minister. they can't be the one to stop the regime from stopping it. in an editorial today in the people's daily that's the main communist party newspaper, it said that the icbm test did need to be punished but the sanctions need to be targeted. north korea for its part officially condemning the sanctions saying they're a violation of sovereignty. and that their nuclear program will never be on the negotiating table. now back to you. for some parents this is the most wonderful time of the year. >> not us. >>

moon jae-in has been different. this case is proximate to him becoming president.e has put forward a vision for the economy that is more people-led. emily: it's interesting that this is climaxing the same week that samsung is unveiling they note 8 phone, weeks before apple unveils its newest iphone. what do you make of the timing of all of this? david: that's probably more or less entirely coincidental, but i will say that i think samsung's future rides far more on how the note 8 is received than on what happens at the trial, on balance. the evidence for the time being seems to be this company has rectified its product issues in its mobile products and is likely to deliver an extremely impressive product that will continue giving apple a genuine competitor. i don't know if it's equivalent polity product -- quality product or will be seen as superior. some people do think samsung's products are superior, but this company is operating at an apple-like level in terms of quotes -- of quality at the consumer realm. that's what matters for their future. emily: troy, what

regarding kim jong-un and the missiles and the news with president trump and south korean president moon jae-in. summing up the conversation saying that it is a growing threat to countries around the world. the sanctions were approved by unanimous vote. in security council over the weekend. if described as some of the strongest in the generation against north korea, hitting and especially $1 billion worth of exports coming out of north korea. things like coal, iron, fueling very definitely the nuclear and missile program in north korea. they have already responded saying, and i am quoting from the foreign minister, under no circumstances would it put its nukes or missiles in the dash on the table. and staying that they would have won thousandfold response in revenge for the station against the united states. we have to remind the viewers, all this activity diplomatic, economic comes after last month where we saw two icbm missiles launched, both of those could hit some parts of the united states, a lot of people concerned. >> julie: thank you. >> jon: president trump may be celebrating 200 da

. >> reporter: moon jae-in is the president of south korea and said a major speech here in which he backedthe negotiations and wanted peace and said there's going to be no conflicts and the united states could do nothing without permission from the south korean government first. we also heard from the north koreans. kim jong-un released a statement where he had photographs visiting troops, reviewing infantry and going over planning for the threatened missile attacks for the waters outside of guam. these maps that were shown in the images from north korean media show the actual trajectory from north korea all the way to guam. now, this looked very threatening but there was also another element to this. kim jong-un apparently told north korean media that he was going to wait to see what the, quote, foolish yankees would do first. this seemed to be a reference to the upcoming military exercises between south korea and the united states that starts on monday. that's always been the north korean posture, to wait to see if those exercises, that have been happening for the last 40 years every yea

. >> desjardins: for his part, president trump spoke last night with south korean president moon jae-inter tweeting: "very happy and impressed with 15 to 0 united nations vote on north korea sanctions." president moon's office said he stressed that the nuclear issue must be resolved in a peaceful diplomatic manner. for the pbs newshour, i'm lisa desjardins. >> woodruff: in the day's other news, the city of chicago has sued the trump administration, over its plan to withhold federal funds from so-called "sanctuary cities." the lawsuit says it's unconstitutional to tie grant money to a city's cooperation with federal immigration authorities. after filing the complaint, the head of chicago's legal office said the city will now request a freeze on the policy. >> we are bringing this legal challenge because the rhetoric and threats from this administration embodied in these new conditions imposed on unrelated public safety grant funds are breeding a culture and climate of fear within the communities in our city. >> woodruff: u.s. attorney general jeff sessions is named in the lawsuit. the ju

donald trump as america's top general prepares to meet with moon jae-in.te house says trump abhors neo-nazis so he personally fails to announce them. .rowth spurt japan's economy expands for a sixth straight quarter extending the longest street -- streak in the decade. is abenomics working? the diesel blame game accelerates. and schulz attacks germany's carmakers including the ceos personally as campaigning gets underway. ♪ matt: good morning. welcome to "bloomberg daybreak: european open." our flagship morning show. i am matt miller. anna: i am anna edwards. a quick look at the futures. let's see where we are expected to open up at the start of the european equity trading day. the asian session and words from u.s. officials saying nuclear war with north korea is not imminent. that adding a little more calm to equity markets then we saw at the end of last week. as a result we are expected to go higher in the end of the european trading day. up around 16%. -- up around .6%. the asian session pretty much flat. the markets playing catch-up on the japanese fro

the south korean president, moon jae—in, has urged the united states and north korea to end their currentle the head of the us military is in south korea for talks about the crisis. generaljoseph dunford is meeting president moonjae—in and the country's defence minister. afterwards he'll go on to china and japan. live to seoul and our correspondent there yogita limaye. how much is expected of this meeting? we have just had a word about what was discussed and for what we know general dunford has told the south korean president the us will only use military action against north korea if economic and military routes fail to succeed. i'm told that the president did use the word piece several times, emphasising the statement he made earlier today that he doesn't want war to break out in the korean peninsula and wants a peaceful resolution to this crisis. this is a scheduled visit by general dunford but the timing is no critical, given it comes against the backdrop of heightened tensions between the united states and north korea. we know the joys of the dunford is due to go on to china and japa

we've heard from the south korean president, moon jae-in hours ago, liberation day in north and southorea. liberation from japanese occupation 72 years ago. one i think that the north and south koreans agree on. he said there will not be a second korean war as long as he is in power. >> tensions certainly remain high. paula hancocks live in seoul. >>> toxicology reports reveal five different drugs were in tiger woods' system the night he was arrested for dui. coy wire has the details in the "bleacher report," next. a girl with golden locks broke into a house owned by three bears. she ate some porridge, broke the baby bear's chair, and stole some jewelry, a flat-screen tv, and a laptop. luckily the geico insurance agency had helped the bears with homeowners insurance. they were able to replace all their items... ...including a new chair from crate and barrel. call geico and see how easy it is to switch and save on homeowners insurance. a penny it's ourr back to school one cent event at office depot office max. notebooks! one cent! rulers, glue and 12-pack pencils! all one cent each! hu

administrations, previous south korean administrations, but we heard from the south korean president, moon jae just last week and he said there will not be another war on the korean peninsula. he said he'd do everything in his power to make sure that didn't happen. we saw measured remarks from the secretary of defense, the secretary of state in the u.s., saying diplomacy, political, economic measures are what is needed to try and solve this issue with north korea. but they have to have a viable military option as well. just today, this sunday, we know the head of the u.s. pacific command, admiral harry harris, is here. he's met with the south korean defense minister, clearly talking about the increased threat from north korea but also here most likely to watch over those military drills starting on monday. >> you point out what those officials have said, but recently the ousted former chief strategist of the white house, steve bannon, indicated in an interview that there was no real mill stair -- military strategy. paula, thank you so much for your reporting. >>> there are more than one dozen

now, south korean president moon jae-in has rapid up a meeting with his national security kwoun sell in which they're urging north korea to stop escalating tensions saying that war will not benefit either side. now, guam aside, chris, it's important to remember there are at least 1,000 artillery pieces aimed at south korea. where we are here in seoul, it's some 35 miles from the border. those artillery pieces, if unleashed according to defense secretary jim mattis, would be the worst kind of fighting ever seen in most people's lifetime. certainly sobering words. it's fair to say that war here on the korean peninsula would be catastrophic. for the north korea regime, alisyn, it would be suicidal. >> anna, thank you for all that. in the last 24 hours the trump administration sent mixed messages on the escalating crisis in north korea. secretary of state tillerson has been trying to reassure the american people and u.s. allies that diplomacy will prevail. cnn's barbara starr is live at the pentagon with more. how do they see it there, barbara sf. >> whatever you call it, mixed messages,

he's expected to meet with south korean president moon jae-in tomorrow.neely is in seoul, south korea, with the latest on that visit. bill? >> reporter: yes, good afternoon, jacob. the u.s. chairman of the joint chiefs of staff, general joseph dunford, has arrived here in seoul, and he will meet tomorrow, first of all with the south korean defense minister and then with the south korean president and virtually his national security cabinet. are the south koreans happy about what's happened over the last week? absolutely not, and they will transmit that to general dunford. they are not happy that the united states president is issuing rhetoric they've never heard before from washington or, indeed, from new jersey. they are worried from fire and fury to locked and loaded, they are being put in a position where their lives literally are at risk. there are 20 million people in the metropolitan area of seoul. they would be the first causalities of any conflict between the u.s. and north korea. they are deeply worried. also they are slightly concerned, because

for consent before taking military action against north korea, marking 100 days in office should moon jaes country could greenlight the state. he said they are closely approaching a red line. britain is considering allowing european union citizens to travel freely to the country even after brexit. e.u. nationals would be free to visit the u.k.,, but settling there would require more. plans have yet to be finalized and will be published within weeks. global news, 24 hours a day, powered by more than 2700 journalists and analysts in what than 120 countries. this is bloomberg. guy: thank you very much. donald trump's business forum has been disbanded after a growing number of ceo's quit in protest of his response to the violence in charlottesville. some tax there will be cutting, but i think the prospects for structural reform, which was the aspiration the president laid out, are minimal at this stage. our global business correspondent joins us now. geoffrey yu is still with us. good morning, stephanie. where does this leave gary cohn? has put him in a very uncomfortable position. he was sta

last month president moon jae—in proposed military talks with north korea.esday, south korea once again spoke of mending ties. translation: these comments by north korea do not help the relationship between south and north korea. we will continue to seek peace in the korean peninsula and reconciliation between the two countries. there has been no response to seoul's offer from north korea so far. and no indication that these missile tests will stop any time soon. yogita limaye, bbc news, seoul. we can speak to our washington correspondent, jane o'brien. president trump said in his presidency pyongyang would not be able to develop the sort of weapons it now seems that they are. yes, and his military generals have said that this is an unacceptable option for president trump, which is why washington and the rest of the world has been having his fire and fury comments. since then, we have had clarification from rex tillerson, who landed in guam as a refuelling stop. he said that the president was right to make those comments because he was talking in language wh

>> i think the president moon jae-in who was just recently inaugurated is extremely concerned about thison have made a number of initiatives to kim jong-un, i think it concerns him when he hears the president of the united states talk like this. after that hour phone call that trump had with moon jae-in, moon talked about maximum pressure and that's uncharacteristic statement from him. i have yet to figure out what's going on in the blue house because you would not expect a progressive south korean president to say something like that. as for the rest of the south korean establishment, i'm sure they are concerned. they live in seoul. it's 35 miles from the demilitarized zone where north korea has forward deployed their military. >>> it was on this day in 1974 that nixon resigned the office of the white house. historian joins us to join that moment into context. >>> but first we'll go live to bedminster, new jersey, whose covering the president's eventful working vacation. more after this. ♪ ♪ i'm living that yacht life, life, life ♪ ♪ top speed fifty knots life on the caribbean seas ♪ ♪

joint chiefs of staff, marine general joseph dunford is set to meet with south korean president moon jaeomorrow after a week of threatening to rain down fire and fury on north korea, trump spoke to china's government. yesterday he spoke with the french president to discuss more sanctions against the hermit kingdom after the president urged a nonviolent solution and blamed his predecessors for failing to stop north korea. >> nobody loves a peaceful solution better than president trump. that i can tell you. hopefully it will all work out but this has been going on for many years. been a lot easier to solve this years ago. >> joining me, former director of national intelligence, retired general james clapper. general clapper, thanks so much for joining us. >> thanks for having me. >> you've been critical of some of the rhetoric that president trump has used when talking about this threat, fire and fury and the rest. take a listen to secretary of state tillerson trying to explain why the president has talked this way. >> well, the president is sending a strong message to north korea in langu

south korean president moon jae—in the world has ever seen. prevent a war, amid worsening tension over the north‘s nuclear threat. hundreds are feared dead after a mudslide on the outskirts sierra leone‘s capital, freetown. in sport, cristiano ronaldo could face a ban of up to 12 games after shoving a referee in the spanish super cup first leg. philippe coutinho left out of liverpool‘s squad for the champions league qualifier in germany against hoffenheim one tomorrow night, the brazilian submitted a transfer request last week with barcelona hoping to sign him. rory mcilroy says he may not play again this year because of a rib injury plaguing him all year, he finished tied for 22nd at the us pga. returning to the news that the us vice president, mike pence, has specifically condemned far right groups when asked to respond to the violence over the weekend in virginia. richard cohen is the president of the southern poverty law centre, which has been compiling figures on hate incidents across the us, hejoins me from alabama, thank you forjoining

shery: professor, just quickly, talking about dialogue, south korean president moon jae-in has been pushing that now, but that same time has boosted its defense system with an antimissile system from the u.s. can these two friends be carried out at the same time, just quickly if you can -- can these two fronts be carried out at the same time? >> any president in south korea under the circumstances don't have much leeway, conservative or liberal. i think the korean president needs to take a firm stance in alliance with the united states. but at the same time, while you are trying to avoid military conflict on the peninsula. shery: professor, great catching up with you. professorniversity and former south korean ambassador to the united nations. next, another big week of earnings in the u.s. we will see what is on the agenda. this is bloomberg. ♪ betty: -- shery: this is daybreak asia. i'm shery ahn in hong kong. betty: i'm betty liu in new york. wall street kicking off with a fresh round of high-profile earnings. the latest data on retail sales and major political conflicts involving the whi

president moon jae-in is calling for a complete military overhaul. in japan some lawmakers are pushing for new weapons that could launch a preemptive strike. keep in mind china agreed to go along with sanctions on kim jong-un's regime which will be up to china to enforcele. having the united states throw more fuel on this fire may make china think about how far it wants to go. next week north korea celebrates its liberation day and some namts say ma might be an opportunity for kim jong-un to conduct another missile test or under ground test. vlad in. >> thank you. >>> some republicans and democrats say the president's strong words are not helping the situation. president referenced another tone made 72 years ago this week. major garret is at the guolf course. major. >> it's meant to capture the attention throughout asia, especially chai narks but beyond that cold war imagery of fire and fury, the trump administration has not articulated a policy to stop north korea or defuse this was moved toward war, counselor kelly an conway wouldn't or could. say.

and south korean president moon jae in vowed to avoid conflict at any cost.'re looking at today. back to julie and scarlet. scarlet: shares of dick's sporting goods getting crushed today. the biggest drop since it went public in 2002. same-store sales rose .1% last quarter. they also reduced to the outlook. one reason is the decline of the athletic fashion trend known as athleisure. like going down companies nike, foot locker come under, and finish line. joining us is john's ally dispute he says that the trend is officially over. he was an analyst with buckingham for over 15 years. thank you for joining us by phone. talk to us about the audience for the athleisure trend being over, because i look around the city and it looks like everyone is on their way to the gym or finish working out. john: well, what we're seeing is a downturn in sales results across a large number of companies that participate in the athletic apparel and footwear space. turnedfutures for nike negative a couple of quarters ago. we saw under armour sales growth come to a screeching halt. h

he spoke with south korean president moon jae-in last night.w united nations security council resolutions that unanimously passed. he tweeted a short while ago, working hard from new jersey while the white house goes through a long planned renovation. >> the president has spent 44 of his first 132 days in office away from the white house. president george w. bush was away for 67 days. major garret is traveling with the president on how time away compared. yourself. >> indeed i have. good morning. the president contends it's a working vacation. he's only here because of construction and cosmetic renovations going on at the white house. so far this vacation looks like its modern predecessors. >> i promise youly not be taking very long vacations if i take them at all. that's no time for vacation. >> at the time i remember saying he's going to find that that is just not true. >> anita mcbride, former chief of staff to first lady laura bush knows the ever present pressures and responsibilities that shadow a president. >> you are going to need time a

south korean president moon jae-in is calling for a complete overhaul of south korea's military in thee of north korea's rapidly evolving nuclear capabilities. in japan some lawmakers are pushing for new weapons that could launch a preemptive strike. now, keep in mind china just agreed this past weekend to go along with the u.n. sanctions on kim jong-un's regime. which will largely be up to china to enforce. having the president of the united states throw more fuel on this fire may make china think twice about how far down the road it wants to go in supporting u.s. actions on north korea. now, next week north korea celebrates its liberation day and some analysts have said that might be an opportunity for kim jong-un to launch yet another missile or conduct his country's sixth underground nuclear test. vlad. >> ben tracy in beijing, thank you. the president tweeted this morning my first order as president was to renovate and modernize our nuclear arsenal. it is now far stronger and more powerful than ever before. hopefully we will never have to use this power but there will never be a t

he spoke with south korean president moon jae-in about the sanctions last night.says the leaders welcome the new united nations security council resolution that unanimously passed. the president tweeted working hard from new jersey while the white house goes through a long planned renovation. going to new york next week for more meetings. >>> the president has spent 44 of his first 200 days in office away from the white house. at the same point in his presidency, barack obama had spent 21 days outside the white house. president george w. bush was away for 67 days. major garrett is traveling with the president with a look at how mr. trump's time away compares to those other presidential vacations. major, you've experienced many of them yourself. >> indeed i have. good morning. >> reporter: president trump says this is not really a vacation. it's a working effort, and the white house contends that he's only here in new jersey because of renovations, structural and cosmetic going on at the white house. but so far, this vacation looks a lot like its modern presidentia

taylor: in south korea, president moon jae-in is trying to ease concerns over a potential war. p would ask for consensus before launching an attack on north korea. kim jong-un's regime is approaching what he calls south korea's redline. more backlash from president trump's remarks on charlottesville. he is disbanding his counsel. ceos were dropping off the panel to protest of the response to the violent white supremacist rally. the president said he was getting rid of the panel to avoid putting pressure on business leaders. federal reserve policymakers are starting to wonder if their cornerstone model on inflation works. there is a debate over why the economy is not producing more inflation in a time of easy financial conditions and tight labor markets. the majority of policymakers want more interest rate hikes. for the second month in a row, japan posted a trade surplus. exports rose more than 14% in july. imports also rose, assigned domestic demand is recovering. global news 24 hours a day, powered by more 2700 journalists and analysts in more than 120 countries. i am taylor r